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Why is bitcoin worth more than ethereum reddit

Written by Bella Sep 07, 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. 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. Answered 3 years ago. Bitcoin is a distributed worldwide decentralized digital money.

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Coincidently seeing where the innovation is going people have begun to see Ether as a store of value on its own. 05082021 Because while the coin was becoming more popular there was not enough to push up the price of the coin. In October 2020. 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. Bitcoin is a distributed worldwide decentralized digital money. 01022021 When people compare Bitcoin and Ethereum its a bit like comparing gold with electricity.

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.

For bulls who see crypto as creating an economic and financial revolution that would seem to make ETH the more. Bitcoin is not more inherently valuable than Ethereum despite their design differences. Ethereum is seen. These self-executing contracts are the reason investors like Mark Cuban love Ethereum. Ethereum essentially has 3-4 large mining pools that control the majority of the hashrate last time I checked. 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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Bitcoin is primarily a store of value and medium of exchange. For bulls who see crypto as creating an economic and financial revolution that would seem to make ETH the more. 05082021 Because while the coin was becoming more popular there was not enough to push up the price of the coin. 10122018 Its essentially saying that bitcoin is worth more than Ethereum just because it is but this is the way of a speculative market. Here are some of the reasons for Ethereums rise.

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22052021 It is faster and more flexible than Bitcoin. 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. 10122018 Its essentially saying that bitcoin is worth more than Ethereum just because it is but this is the way of a speculative market. Here are some of the reasons for Ethereums rise. 16082021 Transactions are much faster on the Ethereum network than on Bitcoins.

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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. This is centralization period. They are both valuable but have very different uses. 11072021 Right now you need 1095 MOON tokens to earn a dollar according to CoinGecko. Point being hold both.

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There is no government company or bank in charge of Bitcoin. 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. Bitcoin is primarily a store of value and medium of exchange. Coincidently seeing where the innovation is going people have begun to see Ether as a store of value on its own. 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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10122018 Its essentially saying that bitcoin is worth more than Ethereum just because it is but this is the way of a speculative market. I have more btc than eth in dollar value that i invested but I believe eth will have higher returns than btc. Bitcoins are issued and managed without any central authority whatsoever. 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. Point being hold both.

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05082021 Because while the coin was becoming more popular there was not enough to push up the price of the coin. 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. 05082021 Because while the coin was becoming more popular there was not enough to push up the price of the coin. These self-executing contracts are the reason investors like Mark Cuban love Ethereum. Bitcoin is primarily a store of value and medium of exchange.

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For bulls who see crypto as creating an economic and financial revolution that would seem to make ETH the more. Bitcoin is primarily a store of value and medium of exchange. 15032021 Simply put Ethereum has a far broader set of use cases than does Bitcoin. Answered 3 years ago. Bitcoin is not more inherently valuable than Ethereum despite their design differences.

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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. 15032021 Simply put Ethereum has a far broader set of use cases than does Bitcoin. Ethereum is More Popular Than Bitcoin In Singapore Study Reveals - Watcher News. Point being hold both. 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.

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While Bitcoin can be seen as digital gold Ethereum is more like digital oil. 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. 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. 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.

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For bulls who see crypto as creating an economic and financial revolution that would seem to make ETH the more. Ethereum is More Popular Than Bitcoin In Singapore Study Reveals - Watcher News. The price of one token will not go to four figures even then. Both Litecoin and Ethereum enable faster transactions than Bitcoin but they use different. 15032021 Simply put Ethereum has a far broader set of use cases than does Bitcoin.

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Both Litecoin and Ethereum enable faster transactions than Bitcoin but they use different. Why Did Bitcoin Go Up Reddit. Coincidently seeing where the innovation is going people have begun to see Ether as a store of value on its own. 15032021 Simply put Ethereum has a far broader set of use cases than does Bitcoin. Point being hold both.

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