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Author Topic: Which is better: Bitcoin's monopoly or dual power with ethereum?  (Read 6435 times)

Offline Mayajal

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #15 on: July 16, 2021, 05:41:21 PM »
The auction house accepted bids for the diamond, which was cut into shape by gem company Diacore, in fiat or cryptocurrency—Bitcoin or Ethereum, to be paid via Coinbase Commerce. It was unclear which crypto was used to buy the gem.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #15 on: July 16, 2021, 05:41:21 PM »

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #16 on: July 17, 2021, 10:35:21 PM »
As per data from BitInfoCharts, this positions Saylor among the top 100 Bitcoin owners—assuming it is all held within a single address. It’s something of an about-face for the MicroStrategy CEO, who in  claimed that Bitcoin’s days were numbered.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #17 on: July 25, 2021, 03:11:21 PM »
It is predicted that ethereum can bypass Bitcoin in terms of capitalization and price dominance. I would really like to see it. This will mean that the monopoly domination of prices in the cryptocurrency market by bitcoin will come to an end. In any case, it will change the market, and I don't think it will change for the worse. It is unlikely that a decentralized cryptocurrency needs a rigid price dominance of one cryptocurrency. Over time, this will happen anyway.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #18 on: November 05, 2021, 06:57:23 PM »
We know that Bitcoin is the best valuable digital currency in the cryptocurrency market.We also know that it's price is very high level.So we know that Bitcoin is the king of the cryptocurrency world.But Ethereum is the second level currency.So i don't think Ethereum overtake the Bitcoin price.So i think that Bitcoin is very high level crypto than dual power of Ethereum.
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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #19 on: November 05, 2021, 07:10:50 PM »
We know that Bitcoin is the best valuable digital currency in the cryptocurrency market.We also know that it's price is very high level.So we know that Bitcoin is the king of the cryptocurrency world.But Ethereum is the second level currency.So i don't think Ethereum overtake the Bitcoin price.So i think that Bitcoin is very high level crypto than dual power of Ethereum.
These are all slogans, but there is no reasonable argument in them. The ethereum network is currently undergoing a major upgrade and will compare favorably with the current functional characteristics of bitcoin. At the same time, bitcoin is improving very slowly, it has long been inferior in competitiveness to other top coins. This is partly because there is no tight-knit team behind Bitcoin. There are some groups that find it very difficult to come to a definite agreement. At the same time, the ethereum team, led by Buterin, is constantly looking for something new and better for their coin. Therefore, after some time, ethereum will be able to bypass Bitcoin in terms of capitalization and price dominance. There is nothing eternal in this market and any slogans become obsolete.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #20 on: November 06, 2021, 02:53:10 AM »
Bitcoin's dominance has gradually declined in recent months and now stands at just over 40 percent. This enabled altcoins to rise in value. At the same time, ethereum's dominance has grown to 20 percent during this time. A little more and the dominance of these two coins can equalize.
 If this happens, how could this affect the cryptocurrency market, as well as bitcoin and ethereum? Will dual power in terms of dominance be more useful for cryptocurrencies than the current monopoly dominance of Bitcoin? How will altcoins behave if bitcoin and ethereum show conflicting price movements?

Talking about dual power in terms of dominance , I think It will happen soon.
Because Ethereum is growing fastly.
Ethereum is always be number second on CMC, and we all know about this coins as the King of altcoin and smart contract platform.
It will have good effect for crypto currency world, so far bitcoins always be the trend, maybe we will see dual the King with each power
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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #21 on: November 22, 2021, 10:23:30 AM »
We know that Bitcoin is the best valuable digital currency in the cryptocurrency market.We also know that it's price is very high level.So we know that Bitcoin is the king of the cryptocurrency world.But Ethereum is the second level currency.So i don't think Ethereum overtake the Bitcoin price.So i think that Bitcoin is very high level crypto than dual power of Ethereum.
In order for ethereum to surpass Bitcoin in terms of price dominance, it does not have to overtake Bitcoin in price. Price more characterizes the degree of trust in a coin, and trust is a very volatile concept. Bitcoin price can change dramatically in one day.
Now we see that altcoins are developing very quickly and they take on large investments that were previously usually received by bitcoin. Therefore, the level of dominance of bitcoin will inevitably fall, and over time, a situation will surely come when it will lose its leadership and ability to price dominance over other types of cryptocurrencies. This will be much better for the market as a whole.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #21 on: November 22, 2021, 10:23:30 AM »


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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #22 on: November 22, 2021, 07:37:49 PM »
Bitcoin's dominance has gradually declined in recent months and now stands at just over 40 percent. This enabled altcoins to rise in value. At the same time, ethereum's dominance has grown to 20 percent during this time. A little more and the dominance of these two coins can equalize.
 If this happens, how could this affect the cryptocurrency market, as well as bitcoin and ethereum? Will dual power in terms of dominance be more useful for cryptocurrencies than the current monopoly dominance of Bitcoin? How will altcoins behave if bitcoin and ethereum show conflicting price movements?

Dua power ? I don't think about dual power. Bitcoin is still domination.
Bitcoin is the King of crypto currency and still superior than altcoins, such as Ethereum.
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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #23 on: November 23, 2021, 04:05:08 AM »
Bitcoin's dominance has gradually declined in recent months and now stands at just over 40 percent. This enabled altcoins to rise in value. At the same time, ethereum's dominance has grown to 20 percent during this time. A little more and the dominance of these two coins can equalize.
 If this happens, how could this affect the cryptocurrency market, as well as bitcoin and ethereum? Will dual power in terms of dominance be more useful for cryptocurrencies than the current monopoly dominance of Bitcoin? How will altcoins behave if bitcoin and ethereum show conflicting price movements?

Dua power ? I don't think about dual power. Bitcoin is still domination. Bitcoin is the King of crypto currency and still superior than altcoins, such as Ethereum.

As of now, there is no chance for Ethereum to be kicking out Bitcoin from its throne but who knows what can happen when eventually Ethereum can solve its many problems down the line. I am looking at maybe five years from now. However, we should understand that anything can happen in the world of cryptocurrency, there will be big surprises or not at all in years to come!


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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #24 on: November 24, 2021, 03:43:43 AM »

As of now, there is no chance for Ethereum to be kicking out Bitcoin from its throne but who knows what can happen when eventually Ethereum can solve its many problems down the line. I am looking at maybe five years from now. However, we should understand that anything can happen in the world of cryptocurrency, there will be big surprises or not at all in years to come!

Agree, I think Bitcoin is still superior, I also don't think Ethereum will replace bitcoin at the next few years, because Ethereum still have high gas fee problem.
Maybe If it has been solved, Ethereum will have potential to be.
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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #25 on: November 26, 2021, 11:43:53 PM »
I prefer to have a very large number of bitcoins because until now bitcoin price movements remain the best and ethereum will never beat bitcoin, so bitcoin remains number one and of course can provide many benefits when bitcoin is very difficult to get then the price can be very expensive.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #26 on: December 31, 2021, 10:40:56 PM »
I prefer to have a very large number of bitcoins because until now bitcoin price movements remain the best and ethereum will never beat bitcoin, so bitcoin remains number one and of course can provide many benefits when bitcoin is very difficult to get then the price can be very expensive.
Bitcoin is already simply slowing down the development of cryptocurrency. Such low scalability is no longer found in any cryptocurrency. Recently, he also has difficulties with the level of investment and capitalization. Therefore, it is completely illogical to expect that he will constantly be the leader in this market. We see that the percentage of his dominance is constantly decreasing. Therefore, at least bitcoin will have to share its dominance in the cryptocurrency market with ethereum.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #27 on: December 31, 2021, 11:19:35 PM »
Although Bitcoin and Ethereum are two Crypto coins that have great power here, but I don't think there is a monopoly here. 
There will be many other Cryptocurrencies that have the power to make this Cryptocurrency advanced and growing.
But Bitcoin and Ethereum will remain the main cryptocurrencies here, even though many new cryptocurrencies will grow in the future.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #28 on: March 08, 2022, 01:50:20 PM »
Although Bitcoin and Ethereum are two Crypto coins that have great power here, but I don't think there is a monopoly here. 
There will be many other Cryptocurrencies that have the power to make this Cryptocurrency advanced and growing.
But Bitcoin and Ethereum will remain the main cryptocurrencies here, even though many new cryptocurrencies will grow in the future.

Both, bitcoin and Ethereum are the number one and second on CMC.
Talking about monopoly or dual power, I think Bitcoin is still superior.
King is always one. It's better than dual power.
Although every coins have power, but the King is still bitcoin.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #29 on: March 09, 2022, 08:05:23 AM »
I think there's not monopoly here, But bitcoin price will influence altcoins, include Ethereum.
Dual power ? I also didn't know about this.
Bitcoin and Ethereum will go together, because bitcoin is the King of crypto currency and Ethereum is The King of smart contract platform.
But Until now crypto will always follow the bitcoin trend

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