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Why is bitcoin worth more than ethereum reddit

Written by Bella Sep 08, 2021 ยท 7 min read
Why is bitcoin worth more than ethereum reddit

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Why Is Bitcoin Worth More Than Ethereum Reddit. 16082021 Transactions are much faster on the Ethereum network than on Bitcoins. Here are some of the reasons for Ethereums rise. 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. 10122018 Its essentially saying that bitcoin is worth more than Ethereum just because it is but this is the way of a speculative market.


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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. Maybe if we get an absurd rate of hyperinflation but those 4k will be much les valuable in that case. The price of one token will not go to four figures even then. The better part of the month of July was spent fluctuating between 009 and 01. Ethereum is More Popular Than Bitcoin In Singapore Study Reveals - Watcher News. Point being hold both.

The price of one token will not go to four figures even then.

This is centralization period. Here are some of the reasons for Ethereums rise. 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. Ethereum is More Popular Than Bitcoin In Singapore Study Reveals - Watcher News. 15032021 Simply put Ethereum has a far broader set of use cases than does Bitcoin. Coincidently seeing where the innovation is going people have begun to see Ether as a store of value on its own.


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Both Litecoin and Ethereum enable faster transactions than Bitcoin but they use different. 05052021 Bitcoin is slow although still faster than many traditional bank transfers. In October 2020. 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. 05082021 Because while the coin was becoming more popular there was not enough to push up the price of the coin.

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The Ether ETH cryptocurrency serves a purpose of fueling all the action that happens on the Ethereum network. These self-executing contracts are the reason investors like Mark Cuban love Ethereum. Bitcoin is not more inherently valuable than Ethereum despite their design differences. 15032021 Simply put Ethereum has a far broader set of use cases than does Bitcoin. Point being hold both.

Bitcoin Price Prediction 2017 Binance Bitcoin Diamond Cryptocurrency Btc Exodus Bitcoin Cash Mining Cryptocurrency R Cryptocurrency Bitcoin Transaction Bitcoin Source: pinterest.com

Bitcoin is not more inherently valuable than Ethereum despite their design differences. Coincidently seeing where the innovation is going people have begun to see Ether as a store of value on its own. For bulls who see crypto as creating an economic and financial revolution that would seem to make ETH the more. As a product becomes more valuable investors jump in to capitalize on that value. 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.

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Meaning that because of its inception happened before any other major cryptocurrency its market cap and share is larger than the rest. There are a handful of reasons why bitcoin has value. 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. For bulls who see crypto as creating an economic and financial revolution that would seem to make ETH the more. As a product becomes more valuable investors jump in to capitalize on that value.

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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. The Ether ETH cryptocurrency serves a purpose of fueling all the action that happens on the Ethereum network. Answered 3 years ago. Bitcoins are issued and managed without any central authority whatsoever. Both Litecoin and Ethereum enable faster transactions than Bitcoin but they use different.

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Bitcoin is primarily a store of value and medium of exchange. 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. Maybe if we get an absurd rate of hyperinflation but those 4k will be much les valuable in that case. Bitcoin is not more inherently valuable than Ethereum despite their design differences. Bitcoins are issued and managed without any central authority whatsoever.

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Maybe if we get an absurd rate of hyperinflation but those 4k will be much les valuable in that case. 22052021 It is faster and more flexible than Bitcoin. The better part of the month of July was spent fluctuating between 009 and 01. Bitcoin is not more inherently valuable than Ethereum despite their design differences. There are a handful of reasons why bitcoin has value.

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Maybe if we get an absurd rate of hyperinflation but those 4k will be much les valuable in that case. 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. The better part of the month of July was spent fluctuating between 009 and 01. Answered 3 years ago. 15032021 Simply put Ethereum has a far broader set of use cases than does Bitcoin.

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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. There are a handful of reasons why bitcoin has value. 05052021 Bitcoin is slow although still faster than many traditional bank transfers. Bitcoin is primarily a store of value and medium of exchange. Here are some of the reasons for Ethereums rise.

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Meaning that because of its inception happened before any other major cryptocurrency its market cap and share is larger than the rest. There is no government company or bank in charge of Bitcoin. 22052021 It is faster and more flexible than Bitcoin. Simply put Bitcoin has first boy syndrome. Ethereum essentially has 3-4 large mining pools that control the majority of the hashrate last time I checked.

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15032021 Simply put Ethereum has a far broader set of use cases than does Bitcoin. Bitcoins are issued and managed without any central authority whatsoever. Bitcoin is a distributed worldwide decentralized digital money. 15032021 Simply put Ethereum has a far broader set of use cases than does Bitcoin. 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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