Ethereum is the new Bitcoin

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.

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

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

Mudzero posted:
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.