What happen if bitcoin crashed ????
pic from www.ethnews.com
I have my own prediction due to bitcoin and alternative coins market
if bitcoin really are crashing down ,the closest rival will be up
which is ethereum
ethereum market grow day by day , with their ICO tokens
i know ethereum price is not on top of everyone expectation lately
but theres a large differences between ethereum and bitcoin
here are some quote the differences between those two
The differences between Ethereum and Bitcoin
There are 6 major differences between the two, which go as follows.
In Bitcoin, the block time is set to 10 minutes, while the same is set to 12 seconds in Ethereum. This is what makes Ethereum have faster transactions, accomplished by using what is known as the ‘Ghost Protocol’.
There are differences in the economic model of the two as well. In Bitcoin, the rewards are halved after every 4 years, while there is no such thing in Ethereum; the same amount of Ether are released each year.
The methods of costing transactions are different in the two. In Ether, it depends on the complexity of computation, the storage needs as well as the bandwidth usage. However, in Bitcoin, there are no such factors affecting the costing as all transactions compete with each other equally. This is what is known as Gas (in Ethereum), limited to each block while for Bitcoin, the limiter is the block size.
Ethereum is more flexible than Bitcoin due to the presence of its own Turing complete internal code, which means that with sufficient time and computing power, it can calculate anything. There is no such flexibility in Bitcoin.
With the release of Bitcoin, its early miners possess the majority of the coins that will be mined in the future. Ethereum, on the other hand, was crowd-funded with 50% of its coins projected to be owned by miners within 5 years.
In Ethereum, centralized pool mining is discouraged by using its Ghost Protocol for rewarding stale blocks. As far as block propagation goes, being in a pool will have no advantage.
With all these differences in mind, Ethereum surely looks to be quite the competitor. However, what one will use from among the two, or the other options that are coming up, will depend on the purpose as well as the secondary requirements of the two parties.
quoted from https://www.coinmama.com/blog/ethereum-vs-bitcoin
in my personal opinion ethereum have all advantage
and by the way ethereum team is working on raising the bar of their value
last time they targeted $250 / ethereum
this time they targeted higher at $420 / ethereum
*this is just my personal opinion and observation in markets
i will not take any responsibility if you making buying / sell decision
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