Bitcoin is the top dog because it was the first on the scene. But Ethereum does everything Bitcoin does but better its faster, more anonymous and cheaper fees. I see no reason why Ethereum wont overtake Bitcoin within a year or 2. Yes I know it has had a rough week but that only means you should buy it NOW as it will only increase in time!
I think the potential for Ethereum is huge, but it does need to resolve those scaling issues, which have been brought to light over the past few days.
It also looks like Bitcoin may be sorting out its own scaling issues (hence the recent increase in the price?) so I don't think so in the short term. Long term though... it just might be.
Bitcoin was first and has a potential to explode because of the limited amount of bitcoin but ethereum has potential to change the hole internet and technology as we know it as it is a platform for programers to create whatever they want ontop of eth. We just need to give time to the developers to learn to code :)
Bitcoin is the top dog because it was the first on the scene. But Ethereum does everything Bitcoin does but better its faster, more anonymous and cheaper fees. I see no reason why Ethereum wont overtake Bitcoin within a year or 2. Yes I know it has had a rough week but that only means you should buy it NOW as it will only increase in time!
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It's possible.. But will be a tough competition though
Etherium has a place in the market, that is a known fact, will that be the next bitcoin is another quesion. Egzon you got a good poin there
Probably if it can resolve it's own scaling problems. Because as of now Ethereum could become unusable if too many transactions are send.
I think the potential for Ethereum is huge, but it does need to resolve those scaling issues, which have been brought to light over the past few days.
It also looks like Bitcoin may be sorting out its own scaling issues (hence the recent increase in the price?) so I don't think so in the short term. Long term though... it just might be.
Bitcoin was first and has a potential to explode because of the limited amount of bitcoin but ethereum has potential to change the hole internet and technology as we know it as it is a platform for programers to create whatever they want ontop of eth. We just need to give time to the developers to learn to code :)