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Why is bitcoin worth more than ethereum reddit

Written by Mark Sep 06, 2021 ยท 8 min read
Why is bitcoin worth more than ethereum reddit

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Why Is Bitcoin Worth More Than Ethereum Reddit. But both coins saw price increases as the price rally in Bitcoin in the market two weekends ago spilled out into altcoins. Why Did Bitcoin Go Up Reddit. Here are some of the reasons for Ethereums rise. I have more btc than eth in dollar value that i invested but I believe eth will have higher returns than btc.

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Can Ethereum Be Worth More Than You Invest In Bitcoin With. If Cardano establishes itself as the number one smart contract blockchain in the world I can imagine a 50 or even a 100 ADA in 5-10 years. The Ether ETH cryptocurrency serves a purpose of fueling all the action that happens on the Ethereum network. 14072020 Bitcoin has a lower coin supply and is more liquid than Ethereum but Ethereum has better technology and provides more uses than Bitcoin does. While bitcoin was created as an alternative to national currencies and thus aspires to be a medium of exchange and a store of value Ethereum was intended as a platform to facilitate immutable. Bitcoin is the better store of value because it is easier to store no risk of inflation and hard cap whereas Ethereum has no hard cap and when the Ethereum network switch from POW to POS than people who want protect their Ether holdings from inflation they have to keep their wallet online and staking whereas in the case of Bitcoin you can just store it offline and forget about it.

Bitcoin is primarily a store of value and medium of exchange.

The Ether ETH cryptocurrency serves a purpose of fueling all the action that happens on the Ethereum network. This means that If youve been a good redditor your 3322 karma score is now worth about eleven MOONs but that figure isnt set in stone. These self-executing contracts are the reason investors like Mark Cuban love Ethereum. While Bitcoin can be seen as digital gold Ethereum is more like digital oil. Can Ethereum Be Worth More Than You Invest In Bitcoin With. You might be interested in Bitcoin if you like cryptography distributed peer-to-peer systems or economics.

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This is centralization period. Meaning that because of its inception happened before any other major cryptocurrency its market cap and share is larger than the rest. They are both valuable but have very different uses. The price of one token will not go to four figures even then. 01022021 When people compare Bitcoin and Ethereum its a bit like comparing gold with electricity.

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Based on the fact Ethereum has more use cases than Bitcoin and therefore serves a bigger purpose I can say that it is indeed an overall better Bitcoin alternative. 16082021 Transactions are much faster on the Ethereum network than on Bitcoins. Can Ethereum Be Worth More Than You Invest In Bitcoin With. This is centralization period. 14072020 Bitcoin has a lower coin supply and is more liquid than Ethereum but Ethereum has better technology and provides more uses than Bitcoin does.

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As a product becomes more valuable investors jump in to capitalize on that value. 10122018 Its essentially saying that bitcoin is worth more than Ethereum just because it is but this is the way of a speculative market. How bitcoin retests 40k when biden announces 6 trillion budget biden is pressuring congress to spend more money than ever before. Bitcoin is the better store of value because it is easier to store no risk of inflation and hard cap whereas Ethereum has no hard cap and when the Ethereum network switch from POW to POS than people who want protect their Ether holdings from inflation they have to keep their wallet online and staking whereas in the case of Bitcoin you can just store it offline and forget about it. In October 2020.

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They are both valuable but have very different uses. EOS having 21 mining pools while not perfect decentralization is far more decentralized than the current distribution of hash power on Ethereums and Bitcoins network. If Cardano establishes itself as the number one smart contract blockchain in the world I can imagine a 50 or even a 100 ADA in 5-10 years. In October 2020. Answered 3 years ago.

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If bitcoin is being compared to gold as a 10 trillion dollar asset in market cap bitcoin is far superior as you can do more w it like wrap and use on ethereum. You might be interested in Bitcoin if you like cryptography distributed peer-to-peer systems or economics. Ethereum essentially has 3-4 large mining pools that control the majority of the hashrate last time I checked. Bitcoin is primarily a store of value and medium of exchange. Can Ethereum Be Worth More Than You Invest In Bitcoin With.

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14072020 Bitcoin has a lower coin supply and is more liquid than Ethereum but Ethereum has better technology and provides more uses than Bitcoin does. Coincidently seeing where the innovation is going people have begun to see Ether as a store of value on its own. But both coins saw price increases as the price rally in Bitcoin in the market two weekends ago spilled out into altcoins. While Bitcoin can be seen as digital gold Ethereum is more like digital oil. Here are some of the reasons for Ethereums rise.

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The Ether ETH cryptocurrency serves a purpose of fueling all the action that happens on the Ethereum network. The better part of the month of July was spent fluctuating between 009 and 01. Why Did Bitcoin Go Up Reddit. 14072020 Bitcoin has a lower coin supply and is more liquid than Ethereum but Ethereum has better technology and provides more uses than Bitcoin does. But both coins saw price increases as the price rally in Bitcoin in the market two weekends ago spilled out into altcoins.

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There are a handful of reasons why bitcoin has value. The Ether ETH cryptocurrency serves a purpose of fueling all the action that happens on the Ethereum network. 10122018 Its essentially saying that bitcoin is worth more than Ethereum just because it is but this is the way of a speculative market. 01022021 When people compare Bitcoin and Ethereum its a bit like comparing gold with electricity. I have more btc than eth in dollar value that i invested but I believe eth will have higher returns than btc.

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They are both valuable but have very different uses. Based on the fact Ethereum has more use cases than Bitcoin and therefore serves a bigger purpose I can say that it is indeed an overall better Bitcoin alternative. This means that If youve been a good redditor your 3322 karma score is now worth about eleven MOONs but that figure isnt set in stone. Ethereum is seen. 05052021 Bitcoin is slow although still faster than many traditional bank transfers.

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If Cardano establishes itself as the number one smart contract blockchain in the world I can imagine a 50 or even a 100 ADA in 5-10 years. 11072021 Right now you need 1095 MOON tokens to earn a dollar according to CoinGecko. 05052021 Bitcoin is slow although still faster than many traditional bank transfers. Ethereum is More Popular Than Bitcoin In Singapore Study Reveals - Watcher News. I have more btc than eth in dollar value that i invested but I believe eth will have higher returns than btc.

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I have more btc than eth in dollar value that i invested but I believe eth will have higher returns than btc. These self-executing contracts are the reason investors like Mark Cuban love Ethereum. 05082021 Because while the coin was becoming more popular there was not enough to push up the price of the coin. If bitcoin is being compared to gold as a 10 trillion dollar asset in market cap bitcoin is far superior as you can do more w it like wrap and use on ethereum. How bitcoin retests 40k when biden announces 6 trillion budget biden is pressuring congress to spend more money than ever before.

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