Quote from: LSt56 on March 23, 2018, 09:48:16 AM

Quote from: jerry29@ on March 22, 2018, 06:09:51 PM

As we see the ethereum price is getting low and low every day. It was same thing happen with the Bitcoin in the past then it has reached where it is right now. Will we see the ethereum competing with bitcoin in the coming one year?

some people have the opinion that ethereum is one of the candidates as bitcoin competition, but I think ethereum will not be able to compete with bitcoin in price, especially in one year. because now bitcoin is still number one and has a price of 10x from ethereum even more I think the difference is very far away.

it is all about the differences!
bitcoin is a currency while ETH is not
bitcoin is being used in a lot of applications while ETH is only used by ICOs to raise funds
bitcoin is adopted by merchants and speculators but ETH is only used by speculators to make profit
bitcoin has a limited supply but ETH is limitless (supply and demand law)
bitcoin is decentralized while ETH is not