Ethereum is the new Bitcoin

Costly NFT tokens are sold and bought, basically for the Ethereum digital money, which was created by Vitalik Buterin. Ethereum is the second greatest cryptographic money on earth with a market capitalization of $389 billion.

Its trade units are arranged as 'ether' and areas of now second to bitcoin, which has a market capitalization of $1.1 trillion. Similarly, Ethereum is both an installment structure and a blockchain-based application advancement stage. The code for such applications runs on an appropriate network rather than on a concentrated server. Along these lines, the application can't be controlled.

With the approaching of ether, complex exchanges with various digital assets became possible, so we can say that Buterin similarly made the NFT. In 2021, the designer sorted out some way to transform into the youngest crypto exceptionally rich individual in the world and lose this status. Buterin's overflow has shrunk by for all intents and purposes 40% since the cash flood and is at present esteemed at around $850 million.

In Russia, the circumstance with digital forms of money isn't yet especially clear. According to academic opportunities legitimate instructor, Russian patent attorney Ekaterina Rodionova, we have a guideline 'On digital money and digital financial assets', according to which there is a limitation on shared reimbursements using digital money.

With charges, it is also not at this point outstandingly clear, regardless of the way that there are legitimate perspectives where the digital money was seen as property and, speculatively, charges should be paid on it. Here ETH price update https://www.fastbull.com/market/cryptocurrencies/eth-103_1028

ETH is simply too expensive at the moment and until they fix this and move to the POS consensus with ETH2.0 it will be on the back foot.

I still prefer BTC over anything else. I may change my mind in the future, but there will have to be a lot more developments to get there.

Despite the fees ETH undoubtedly has more use cases though. But as an investment it's tough as it also has uncapped supply vs BTC's 21m

Is it worth launching your own cryptocurrency now?

I think that ethereum will never be able to repeat the history of bitcoin. Because it requires huge investments, there is a high risk of global crisis. Because of this, a lot of cryptocurrencies fell in price. But I think this is the best time to launch a new cryptocurrency. Because of the crisis, people will look for additional sources of income which will increase the number of people in the cryptocurrency market. That's why I plan to launch my crypto through https://bhero.com/launchpad next month. This way, I will be sure that my crypto will be legal.

kaballund posted:
I think that ethereum will never be able to repeat the history of bitcoin. Because it requires huge investments, there is a high risk of global crisis. Because of this, a lot of cryptocurrencies fell in price. But I think this is the best time to launch a new cryptocurrency. Because of the crisis, people will look for additional sources of income which will increase the number of people in the cryptocurrency market. That's why I plan to launch my crypto through https://bhero.com/launchpad next month. This way, I will be sure that my crypto will be legal.

There are so many crypto and this bear market will kill all the weak ones. Eventually there will only be a handful left that have any 'value'

Due to Ethereum's transition to a less energy-intensive version popularly known as Ethereum 2.0. The ETH price will be even more volatile than Bitcoin in the coming months. Improved Ethereum may make it more appealing and sustainable for widespread use.

IT can be not at present .

Technology can be replace anytime, as we see from pass. Only Gold (BTC) can be remain for very long time.

I don’t think it is. Bitcoin is still on the top and it will always be everyone’s first choice.

sgtmarkets posted:
Costly NFT tokens are sold and bought, basically for the Ethereum digital money, which was created by Vitalik Buterin. Ethereum is the second greatest cryptographic money on earth with a market capitalization of $389 billion.

Its trade units are arranged as 'ether' and areas of now second to bitcoin, which has a market capitalization of $1.1 trillion. Similarly, Ethereum is both an installment structure and a blockchain-based application advancement stage. The code for such applications runs on an appropriate network rather than on a concentrated server. Along these lines, the application can't be controlled.

With the approaching of ether, complex exchanges with various digital assets became possible, so we can say that Buterin similarly made the NFT. In 2021, the designer sorted out some way to transform into the youngest crypto exceptionally rich individual in the world and lose this status. Buterin's overflow has shrunk by for all intents and purposes 40% since the cash flood and is at present esteemed at around $850 million.

In Russia, the circumstance with digital forms of money isn't yet especially clear. According to academic opportunities legitimate instructor, Russian patent attorney Ekaterina Rodionova, we have a guideline 'On digital money and digital financial assets', according to which there is a limitation on shared reimbursements using digital money.

With charges, it is also not at this point outstandingly clear, regardless of the way that there are legitimate perspectives where the digital money was seen as property and, speculatively, charges should be paid on it. Here ETH price update https://www.fastbull.com/market/cryptocurrencies/eth-103_1028

It’s going to take a lot for any coin to surpass it but you never know

Ethereum and Bitcoin are very different from one another. Bitcoin was actually invented to be used as a medium of exchange in transactions and an alternative for traditional currency. Ethereum is surely a winner when it comes to smart contracts but can never be at par with BTC in my opinion.

ETH always will have the chances of surpassing BTC in the long run as the usability of ETH against BTC ecosystem is huge.

Yes, it is possible that Ethereum has a huge potential ahead and it will someday surpass Bitcoin in its development, but for now I am in the $BTC team

JuliaEvans posted:
Yes, it is possible that Ethereum has a huge potential ahead and it will someday surpass Bitcoin in its development, but for now I am in the $BTC team

That's wonderful knowing.

Let's wait for China to create a new cryptocurrency that will take over the world.

I can’t deny that ethereum is doing pretty well these days but I don’t think it would be right to compare it to bitcoin. Bitcoin is the dollar of the cryptocurrencies.

The OP seems to have high hopes from ethereum but I don't think this is something I would agree with. At least, not at the moment since all the cryptos are going down.