4 ms·

so what can Bitcoin do that Ethereum can't? I feel it must be able to do something better to justify a higher market cap than ethereum, when Ethereum adds more

by ojr 9y ago

so what can Bitcoin do that Ethereum can't? I feel it must be able to do something better to justify a higher market cap than ethereum, when Ethereum adds more features faster and the marketcap reacts, past flaws would not matter too much

AgentME 9y ago
>when Ethereum adds more features faster Bitcoin's conservative rate of change is one of its big features, plus the network effects of its existing userbase. Bitcoin users are less likely to lose money because of an issue in Bitcoin or because of reliance on a fragile contract encouraged by the Bitcoin software. The Bitcoin network is less likely to have its transaction history rolled back, or have significant changes made to its money supply which could strongly affect the value of present bitcoins.
- elmar 9y ago
  also Ethereum doesn't have an hardcoded cap limit.
  - ojr 9y ago
    bitcoin digital scarcity is overrated, ethereum has the record for most transactions in a day and surpassed bitcoin in volume, better signs of potential than an arbitrary cap limit
    - PKop 9y ago
      Not for store of value / protection against currency debasement.
      - elmar 9y ago
        exactly. by the way Ethereum scalability problems are much greater than Bitcoin.
        ojr 9y ago
        Ethereum has a faster confirmation time, if it shows to become a better developer platform, a lot of money will be thrown at the scalability problems, for example a solution from Microsoft https://azure.microsoft.com/en-us/blog/announcing-microsoft-s-coco-framework-for-enterprise-blockchain-networks/ https://azure.microsoft.com/en-us/blog/announcing-microsoft-...
        AgentME 9y ago
        A faster block time isn't without its own issues. I've been running the Ethereum client for most hours of the day and I can't remember the last time I've actually had its blockchain caught up and in sync.
      - ojr 9y ago
        the market determines the prices, thats like saying a company with a finite number of shares has protection from currency debasement
- ojr 9y ago
  both prices are built from speculation so both are extremely high risk, bitcoin's conservative rate of change caused the dominance from 80% to around %50. New features, developers and institutional support will be more important in the long run, maybe not to an bitcoin maximalist but for the normal investor
rrecuero 9y ago
Bitcoin is arguably better as a store of value because its surface attack area is smaller.

by ojr 9y ago

AgentME 9y ago

>when Ethereum adds more features faster Bitcoin's conservative rate of change is one of its big features, plus the network effects of its existing userbase. Bitcoin users are less likely to lose money because of an issue in Bitcoin or because of reliance on a fragile contract encouraged by the Bitcoin software. The Bitcoin network is less likely to have its transaction history rolled back, or have significant changes made to its money supply which could strongly affect the value of present bitcoins.

elmar 9y ago
also Ethereum doesn't have an hardcoded cap limit.
- ojr 9y ago
  bitcoin digital scarcity is overrated, ethereum has the record for most transactions in a day and surpassed bitcoin in volume, better signs of potential than an arbitrary cap limit
  - PKop 9y ago
    Not for store of value / protection against currency debasement.
    - elmar 9y ago
      exactly. by the way Ethereum scalability problems are much greater than Bitcoin.
      - ojr 9y ago
        Ethereum has a faster confirmation time, if it shows to become a better developer platform, a lot of money will be thrown at the scalability problems, for example a solution from Microsoft https://azure.microsoft.com/en-us/blog/announcing-microsoft-s-coco-framework-for-enterprise-blockchain-networks/ https://azure.microsoft.com/en-us/blog/announcing-microsoft-...
        AgentME 9y ago
        A faster block time isn't without its own issues. I've been running the Ethereum client for most hours of the day and I can't remember the last time I've actually had its blockchain caught up and in sync.
    - ojr 9y ago
      the market determines the prices, thats like saying a company with a finite number of shares has protection from currency debasement
ojr 9y ago
both prices are built from speculation so both are extremely high risk, bitcoin's conservative rate of change caused the dominance from 80% to around %50. New features, developers and institutional support will be more important in the long run, maybe not to an bitcoin maximalist but for the normal investor

rrecuero 9y ago

Bitcoin is arguably better as a store of value because its surface attack area is smaller.