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Which is better Bitcoin or Ethereum?
Which cryptocurrency do you think is better and has a better prognosis for the future? I understand that Bitcoin has the greatest market dominance so far, but maybe you think that it may change in the future? Thanks for the opinion :)
Which cryptocurrency do you think is better and has a better prognosis for the future? I understand that Bitcoin has the greatest market dominance so far, but maybe you think that it may change in the future? Thanks for the opinion :)
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You know, Bitcoin is like an old king who is respected but can't do much. If Merge and subsequent work on ETH goes well, then anything can happen. Several large funds will announce that they have invested in Ethereum and then there will be a massive price increase.
There will probably be a lot of positive news on the internet before and after the update - after all, Ethereum will become the largest network in the crypto world, which has abandoned the climate-destructive habit of using power-hungry excavators ;) Ecologists will purr with satisfaction. Of course, for this to happen, there can be no blunder, and we are talking about a project on a gigantic system. Vitalik himself keeps repeating that he prefers to delay the whole action in time than to make a mistake. It is hardly surprising - the consequences could be very serious.
Unfortunately, Merge will not provide us with an even faster network and lower fees for transferring cryptocurrencies. This is supposed to happen in the next update, but the date is unknown.
For this reason, I believe that the real ETH price spike is yet to come. After all, it was high transaction costs that made so many projects decide to build in other ecosystems. If this problem can be solved (and I assume it's only a matter of time) then the price must skyrocket, there is no other option. But we still have to wait for that.
If the current price of ETH satisfies you, you will earn 99% in the long term. Of course, no one knows if cryptocurrency prices will fall even more in a week or a month, but waiting forever is a poor option. Some people are still waiting for BTC for $1000 :)
For example, you can buy now for half your funds and set yourself several lower entry levels for the rest of your capital. Maybe it will work, maybe it won't - it's just one of the possible strategies. I believe that in a few years ETH will be worth much more than it is now, so the purchase price is not very important from this perspective. But that's just my opinion.
There will probably be a lot of positive news on the internet before and after the update - after all, Ethereum will become the largest network in the crypto world, which has abandoned the climate-destructive habit of using power-hungry excavators ;) Ecologists will purr with satisfaction. Of course, for this to happen, there can be no blunder, and we are talking about a project on a gigantic system. Vitalik himself keeps repeating that he prefers to delay the whole action in time than to make a mistake. It is hardly surprising - the consequences could be very serious.
Unfortunately, Merge will not provide us with an even faster network and lower fees for transferring cryptocurrencies. This is supposed to happen in the next update, but the date is unknown.
For this reason, I believe that the real ETH price spike is yet to come. After all, it was high transaction costs that made so many projects decide to build in other ecosystems. If this problem can be solved (and I assume it's only a matter of time) then the price must skyrocket, there is no other option. But we still have to wait for that.
If the current price of ETH satisfies you, you will earn 99% in the long term. Of course, no one knows if cryptocurrency prices will fall even more in a week or a month, but waiting forever is a poor option. Some people are still waiting for BTC for $1000 :)
For example, you can buy now for half your funds and set yourself several lower entry levels for the rest of your capital. Maybe it will work, maybe it won't - it's just one of the possible strategies. I believe that in a few years ETH will be worth much more than it is now, so the purchase price is not very important from this perspective. But that's just my opinion.
You know, Bitcoin is like an old king who is respected but can't do much. If Merge and subsequent work on ETH goes well, then anything can happen. Several large funds will announce that they have invested in Ethereum and then there will be a massive price increase.
There will probably be a lot of positive news on the internet before and after the update - after all, Ethereum will become the largest network in the crypto world, which has abandoned the climate-destructive habit of using power-hungry excavators ;) Ecologists will purr with satisfaction. Of course, for this to happen, there can be no blunder, and we are talking about a project on a gigantic system. Vitalik himself keeps repeating that he prefers to delay the whole action in time than to make a mistake. It is hardly surprising - the consequences could be very serious.
Unfortunately, Merge will not provide us with an even faster network and lower fees for transferring cryptocurrencies. This is supposed to happen in the next update, but the date is unknown.
For this reason, I believe that the real ETH price spike is yet to come. After all, it was high transaction costs that made so many projects decide to build in other ecosystems. If this problem can be solved (and I assume it's only a matter of time) then the price must skyrocket, there is no other option. But we still have to wait for that.
If the current price of ETH satisfies you, you will earn 99% in the long term. Of course, no one knows if cryptocurrency prices will fall even more in a week or a month, but waiting forever is a poor option. Some people are still waiting for BTC for $1000 :)
For example, you can buy now for half your funds and set yourself several lower entry levels for the rest of your capital. Maybe it will work, maybe it won't - it's just one of the possible strategies. I believe that in a few years ETH will be worth much more than it is now, so the purchase price is not very important from this perspective. But that's just my opinion.
There will probably be a lot of positive news on the internet before and after the update - after all, Ethereum will become the largest network in the crypto world, which has abandoned the climate-destructive habit of using power-hungry excavators ;) Ecologists will purr with satisfaction. Of course, for this to happen, there can be no blunder, and we are talking about a project on a gigantic system. Vitalik himself keeps repeating that he prefers to delay the whole action in time than to make a mistake. It is hardly surprising - the consequences could be very serious.
Unfortunately, Merge will not provide us with an even faster network and lower fees for transferring cryptocurrencies. This is supposed to happen in the next update, but the date is unknown.
For this reason, I believe that the real ETH price spike is yet to come. After all, it was high transaction costs that made so many projects decide to build in other ecosystems. If this problem can be solved (and I assume it's only a matter of time) then the price must skyrocket, there is no other option. But we still have to wait for that.
If the current price of ETH satisfies you, you will earn 99% in the long term. Of course, no one knows if cryptocurrency prices will fall even more in a week or a month, but waiting forever is a poor option. Some people are still waiting for BTC for $1000 :)
For example, you can buy now for half your funds and set yourself several lower entry levels for the rest of your capital. Maybe it will work, maybe it won't - it's just one of the possible strategies. I believe that in a few years ETH will be worth much more than it is now, so the purchase price is not very important from this perspective. But that's just my opinion.
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Hard to say, but rather long term Ethereum.
There is nothing to cheat - Bitcoin has not been accepted as an alternative currency. Paradoxically, it was its price that became both an advantage and a disadvantage. If not for the gigantic increase in value in a relatively short time, today there would not be so many people in the world who at least heard about BTC. For the same reason (and the resulting transaction fees), almost no one wants to use it in everyday life. Why pay for something today that could be worth a lot more in a few years?
On the other hand, trees do not grow to the sky. Probably in some time the price of Bitcoin will stabilize at a certain level and it will become another asset in which serious companies and funds will invest as part of diversifying their funds. For them, price fluctuations are around 10%. per year may be interesting, but probably not for Kowalski or Brown.
Therefore, I believe that we are already slowly seeing ordinary people turn away from BTC. They are looking for an alternative and whether we like it or not, their eyes will first fall on ETH. It is possible that they will not even be aware of what the ethereum network actually is, but that is not important. Many investors in BTC also had no idea what blockchain actually is and why it became a real revolution. It is enough when they hear that thousands of projects use ETH and famous people have it in their investment portfolios. And that's it.
We would probably have seen a much higher ETH price a long time ago, but they have not yet managed to solve the problem of high transaction fees. It's only a matter of time, because they have plenty of money. Some projects are currently using other networks, but it is very likely that they will return to ethereum later. And when the ETH price shoots up, we can witness a real breakthrough, i.e. a change of places on the cryptocurrency podium. BTC will be defeated by capitalization, news of the dethronement will spread around the world, and Bitcoin will become something of an old king who is respected but can do little.
Whether this will actually happen, time will tell.
There is nothing to cheat - Bitcoin has not been accepted as an alternative currency. Paradoxically, it was its price that became both an advantage and a disadvantage. If not for the gigantic increase in value in a relatively short time, today there would not be so many people in the world who at least heard about BTC. For the same reason (and the resulting transaction fees), almost no one wants to use it in everyday life. Why pay for something today that could be worth a lot more in a few years?
On the other hand, trees do not grow to the sky. Probably in some time the price of Bitcoin will stabilize at a certain level and it will become another asset in which serious companies and funds will invest as part of diversifying their funds. For them, price fluctuations are around 10%. per year may be interesting, but probably not for Kowalski or Brown.
Therefore, I believe that we are already slowly seeing ordinary people turn away from BTC. They are looking for an alternative and whether we like it or not, their eyes will first fall on ETH. It is possible that they will not even be aware of what the ethereum network actually is, but that is not important. Many investors in BTC also had no idea what blockchain actually is and why it became a real revolution. It is enough when they hear that thousands of projects use ETH and famous people have it in their investment portfolios. And that's it.
We would probably have seen a much higher ETH price a long time ago, but they have not yet managed to solve the problem of high transaction fees. It's only a matter of time, because they have plenty of money. Some projects are currently using other networks, but it is very likely that they will return to ethereum later. And when the ETH price shoots up, we can witness a real breakthrough, i.e. a change of places on the cryptocurrency podium. BTC will be defeated by capitalization, news of the dethronement will spread around the world, and Bitcoin will become something of an old king who is respected but can do little.
Whether this will actually happen, time will tell.
Hard to say, but rather long term Ethereum.
There is nothing to cheat - Bitcoin has not been accepted as an alternative currency. Paradoxically, it was its price that became both an advantage and a disadvantage. If not for the gigantic increase in value in a relatively short time, today there would not be so many people in the world who at least heard about BTC. For the same reason (and the resulting transaction fees), almost no one wants to use it in everyday life. Why pay for something today that could be worth a lot more in a few years?
On the other hand, trees do not grow to the sky. Probably in some time the price of Bitcoin will stabilize at a certain level and it will become another asset in which serious companies and funds will invest as part of diversifying their funds. For them, price fluctuations are around 10%. per year may be interesting, but probably not for Kowalski or Brown.
Therefore, I believe that we are already slowly seeing ordinary people turn away from BTC. They are looking for an alternative and whether we like it or not, their eyes will first fall on ETH. It is possible that they will not even be aware of what the ethereum network actually is, but that is not important. Many investors in BTC also had no idea what blockchain actually is and why it became a real revolution. It is enough when they hear that thousands of projects use ETH and famous people have it in their investment portfolios. And that's it.
We would probably have seen a much higher ETH price a long time ago, but they have not yet managed to solve the problem of high transaction fees. It's only a matter of time, because they have plenty of money. Some projects are currently using other networks, but it is very likely that they will return to ethereum later. And when the ETH price shoots up, we can witness a real breakthrough, i.e. a change of places on the cryptocurrency podium. BTC will be defeated by capitalization, news of the dethronement will spread around the world, and Bitcoin will become something of an old king who is respected but can do little.
Whether this will actually happen, time will tell.
There is nothing to cheat - Bitcoin has not been accepted as an alternative currency. Paradoxically, it was its price that became both an advantage and a disadvantage. If not for the gigantic increase in value in a relatively short time, today there would not be so many people in the world who at least heard about BTC. For the same reason (and the resulting transaction fees), almost no one wants to use it in everyday life. Why pay for something today that could be worth a lot more in a few years?
On the other hand, trees do not grow to the sky. Probably in some time the price of Bitcoin will stabilize at a certain level and it will become another asset in which serious companies and funds will invest as part of diversifying their funds. For them, price fluctuations are around 10%. per year may be interesting, but probably not for Kowalski or Brown.
Therefore, I believe that we are already slowly seeing ordinary people turn away from BTC. They are looking for an alternative and whether we like it or not, their eyes will first fall on ETH. It is possible that they will not even be aware of what the ethereum network actually is, but that is not important. Many investors in BTC also had no idea what blockchain actually is and why it became a real revolution. It is enough when they hear that thousands of projects use ETH and famous people have it in their investment portfolios. And that's it.
We would probably have seen a much higher ETH price a long time ago, but they have not yet managed to solve the problem of high transaction fees. It's only a matter of time, because they have plenty of money. Some projects are currently using other networks, but it is very likely that they will return to ethereum later. And when the ETH price shoots up, we can witness a real breakthrough, i.e. a change of places on the cryptocurrency podium. BTC will be defeated by capitalization, news of the dethronement will spread around the world, and Bitcoin will become something of an old king who is respected but can do little.
Whether this will actually happen, time will tell.
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Personally, I believe that both cryptocurrencies, Bitcoin and Ethereum, have their advantages and can be interesting investments. Bitcoin definitely has greater popularity and market stability, which can be beneficial for a long-term investor. On the other hand, Ethereum has the potential to develop as a platform for smart contracts and decentralized applications, which can attract more investors in the future. In my opinion, it is worth being balanced and investing in both cryptocurrencies to diversify the portfolio and minimize risk.
Personally, I believe that both cryptocurrencies, Bitcoin and Ethereum, have their advantages and can be interesting investments. Bitcoin definitely has greater popularity and market stability, which can be beneficial for a long-term investor. On the other hand, Ethereum has the potential to develop as a platform for smart contracts and decentralized applications, which can attract more investors in the future. In my opinion, it is worth being balanced and investing in both cryptocurrencies to diversify the portfolio and minimize risk.
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