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Author Topic: Which is better: Bitcoin's monopoly or dual power with ethereum?  (Read 6401 times)

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #30 on: March 11, 2022, 09:45:58 AM »
Bitcoin has an advantage in every trade and Bitcoin is also very capable of being able to continue to be in the right space because it is able to dominate the market up to 40%, which is extraordinary for Bitcoin and this is a fact.
Ethereum is also very dominant in the market for altcoins and this has been proven by the many erc20 tokens that have been circulating, so Bitcoin and Ethereum definitely dominate the market for now because they have super complete advantages.
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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #30 on: March 11, 2022, 09:45:58 AM »

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Offline therozaq

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #31 on: March 11, 2022, 04:08:28 PM »
Bitcoin has an advantage in every trade and Bitcoin is also very capable of being able to continue to be in the right space because it is able to dominate the market up to 40%, which is extraordinary for Bitcoin and this is a fact.
Ethereum is also very dominant in the market for altcoins and this has been proven by the many erc20 tokens that have been circulating, so Bitcoin and Ethereum definitely dominate the market for now because they have super complete advantages.

You're right , I think both are dominant at crypto market.
But answer the OP asked , I think bitcoin is still monopoly the crypto currency market.
Bitcoin progress will always to other, include Ethereum.
Bitcoin is the King and altcoins are the follower of bitcoin.
We all know bitcoin is the pioneer of crypto, So I don't think about dual power. In my opinion just one power that will effect other crypto, Bitcoin is still superior.
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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #32 on: March 11, 2022, 08:17:12 PM »
Bitcoin has an advantage in every trade and Bitcoin is also very capable of being able to continue to be in the right space because it is able to dominate the market up to 40%, which is extraordinary for Bitcoin and this is a fact.
Ethereum is also very dominant in the market for altcoins and this has been proven by the many erc20 tokens that have been circulating, so Bitcoin and Ethereum definitely dominate the market for now because they have super complete advantages.
Now there is information that the countries of the European Union from 2025 may ban the mining and circulation of cryptocurrency, which uses the energy-consuming PoW algorithm. First of all, this will affect bitcoin, which does not have a single team, and therefore is practically unable to eliminate its energy consumption. I am also sure that other states will follow the example of the EU, because states do not need bitcoin. Bitcoin is unlikely to withstand such a blow.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #33 on: March 11, 2022, 09:01:01 PM »
We should avoid comparison of bitcoin and ethereum? our business is get good profit as a investor in the 2. Ethereum is in the class of bitcoin now and can be regarded as SOV. They are not likely to dump in 90%, less risk and are very scarce.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #34 on: March 12, 2022, 12:50:29 AM »
Now there is information that the countries of the European Union from 2025 may ban the mining and circulation of cryptocurrency, which uses the energy-consuming PoW algorithm. First of all, this will affect bitcoin, which does not have a single team, and therefore is practically unable to eliminate its energy consumption. I am also sure that other states will follow the example of the EU, because states do not need bitcoin. Bitcoin is unlikely to withstand such a blow.

I think it's not big matter for bitcoin and crypto, We all know about many issues before.
Bitcoin mining has blocked at several countries but bitcoin still exist until now.
TBH, I  don't care about issues, just invest and invest in crypto currency.
Why they will block after bitcoin halving 2024, why not now.
It's big question, It will be market strategy to dump bitcoin at 2025.
It's just my opinion.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #35 on: March 14, 2022, 06:29:13 PM »
I don't believe monopolies are a good thing in general, regardless to what they apply. A powerful Ethereum is a good thing in my opinion, providing an alternative to Bitcoin.

Offline legend45

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #36 on: March 15, 2022, 06:36:32 PM »
I don't believe monopolies are a good thing in general, regardless to what they apply. A powerful Ethereum is a good thing in my opinion, providing an alternative to Bitcoin.

Ethereum is very potential coin and always remain be the second in CMC.
I agree with you, monopoly is not good, but We all know bitcoin is still superior and not easy to replace or compete to bitcoin.
I think bitcoin will always be the King of crypto currency and I don't believe we will see dual power ,  Bitcoin will be the First and will influence all of altcoins.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #36 on: March 15, 2022, 06:36:32 PM »


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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #37 on: March 17, 2022, 06:54:36 AM »
The strength of Bitcoin and Ethereum is really terrible because if the strengths of the two coins are put together it becomes a cryptocurrency that has a very large marketcap, in terms of technological progress it is also very perfect and I really believe that you can take advantage of all market.
Bitcoin and Ethereum have been friends since 2015 and these two coins go hand in hand in addition to super good power and until now Bitcoin and Ethereum are like a King and Queen.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #38 on: April 29, 2022, 09:54:24 PM »
I don't believe monopolies are a good thing in general, regardless to what they apply. A powerful Ethereum is a good thing in my opinion, providing an alternative to Bitcoin.
Therefore, I wonder what will happen if, for some reason, one or more altcoins approach or surpass Bitcoin in terms of capitalization. I don't think a decentralized cryptocurrency market needs a hard price dominance of one cryptocurrency. Sooner or later, this is bound to happen. I think that for the cryptocurrency as a whole, this will mean more opportunities. In this regard, I am for dual power and multi-power in cryptocurrency.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #39 on: April 30, 2022, 08:54:54 PM »
The strength of Bitcoin and Ethereum is really terrible because if the strengths of the two coins are put together it becomes a cryptocurrency that has a very large marketcap, in terms of technological progress it is also very perfect and I really believe that you can take advantage of all market.
Bitcoin and Ethereum have been friends since 2015 and these two coins go hand in hand in addition to super good power and until now Bitcoin and Ethereum are like a King and Queen.

Agree with you, I think bitcoin and Ethereum like King and queen.
Bitcoin is the King of crypto currency and Ethereum is the queen of smart contract platform and always be number second on CMC below bitcoin. That's the fact of those.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #40 on: August 25, 2022, 07:01:27 PM »
I don't believe monopolies are a good thing in general, regardless to what they apply. A powerful Ethereum is a good thing in my opinion, providing an alternative to Bitcoin.
I am of the same opinion. I think that the monopoly of one cryptocurrency is very bad for a decentralized market. Now the price of almost all cryptocurrencies depends on one bitcoin. Bitcoin fell in price for a year, and for the whole year the market stagnates. If at least a few cryptocurrencies dominate at once, this should no longer be the case. The cryptocurrency will then have the opportunity to move its price path.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #41 on: August 28, 2022, 04:57:17 AM »
I wouldn't compare bitcoin with Ethereum. Although Ethereum is the most potential altcoin but it's not true decentralized like Bitcoin. The Ethereum team could create an influence on the market. I know Ethereum is a platform where anyone can deploy token or launch DeFi. But still, it will consider as an altcoin, but bitcoin is a crypto coin and it will consider as a mother coin always. Bitcoin is true decentralized where the creator is anonymous, so since we don't know the team means they can't create influence on the market.

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #42 on: September 01, 2022, 04:13:43 PM »
Bitcoin has an advantage in every trade and Bitcoin is also very capable of being able to continue to be in the right space because it is able to dominate the market up to 40%, which is extraordinary for Bitcoin and this is a fact.
Ethereum is also very dominant in the market for altcoins and this has been proven by the many erc20 tokens that have been circulating, so Bitcoin and Ethereum definitely dominate the market for now because they have super complete advantages.

I think It's not a good idea about dual  power in crypto currency, because I think Bitcoin is still superior and more popular than other.
So, I don't think about another King of crypto currency, such as Ethereum
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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #43 on: September 02, 2022, 11:40:20 PM »
So far, we have been like this after Bitcoin was created and many altcoins are also created. The dominance of Bitcoin cannot be ignored because we know that Bitcoin, as the first crypto created, really has the power to influence the market. The market trend will depend on Bitcoin. And I think that let it be. For Ethereum, this is also the best altcoin so far. However, it cannot still compete with balance

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Re: Which is better: Bitcoin's monopoly or dual power with ethereum?
« Reply #44 on: October 04, 2022, 03:16:09 AM »
I don't believe monopolies are a good thing in general, regardless to what they apply. A powerful Ethereum is a good thing in my opinion, providing an alternative to Bitcoin.

If Ethereum has the power like bitcoin, I think It will be
But we know bitcoin is the biggest and always be the number one  on CMC.
I think dual power will never happen.
Let's see.

 

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