Topic: BITCOIN FUTURE IN DOUBT (Read 806 times)

I don't think it's that fast OP. In my view, the big investors remain primarily focused on BTC while ETH remains positioned in the second option. The so-called survey or news is synonymous with looking for sensations, especially if market conditions are not good or when there is a change in market dynamics. Well, the important thing to note is that we are also sometimes even often trapped with headlines on a topic/news and if it is delved into more deeply just to provoke public expectations, especially those who are not fully familiar with BTC. I believe that the big players are also very wise in choosing which ones are prioritized and which ones come first.

I think it's just their opinion, because so far Bitcoin is doing very well in the market, as we can see that more and more investors are interested in it and its price is growing well in recent times. And also I don't think that Ethereum is able to beat Bitcoin in terms of market capitalization, just look at the difference in market capitalization between Ethereum and Bitcoin now, it's quite different. And it also proves that even though there are more altcoins and ETFs on the market, people have more confidence and trust in Bitcoin and that is what makes it even more valuable in the future.

It's the opposite, altcoin holders including ethereum holders are also showing interest to secure their profits through buying Bitcoin. The ETFs are there for both Bitcoin and Ethereum but why you doubt Bitcoin when it's the first and top cryptocurrency? It's more likely that people aren't willing to sell their Bitcoins at any moment now. Although OP might have been pointing it out with what has happened with Germany.

But even so, the majority of the holders aren't willing to sell at this point their Bitcoins for Ethereum. I do think that ETH holders might be the one that would like to sell theirs for Bitcoin. And that's the reason why many DCA Bitcoin because it's more precious than ETH. Well, whether you hold btc or eth, as long as you've got a nice chunk of it, they're both good to hold.

Really? Really? Why do you people even bother sharing these shitty articles? BTC is the undisputed king of cryptocurrencies and it has proven it again and again over the course of time.

It's seriously hilarious seeing BTC haters trying to challenge its unrivaled supremacy despite being proven wrong again and again. Think op!

Of course. It's all a matter of personal preference. Those who want the flexibility of not having to protect their Bitcoin or set up a wallet, would find investing in a spot ETF the best choice. Others will simply choose to invest in BTC directly and store their holdings in a non-custodial wallet for safekeeping. This last method gives you full control over your BTC. As much as I don't like institutional investment firms buying up all of the BTC, there's nothing we can do if we want mainstream adoption to rise over time.

I wouldn't say Bitcoin's future is in doubt, especially when demand for the cryptocurrency is higher than ever. Perhaps, altcoins' future is in doubt. Not Ethereum, nor Solana. But low cap altcoins and "meme" coins that are purely-speculative. The crypto market behaves in many strange and bizarre ways, so expect the unexpected.

This is a bitcoin forum and we are thriving here because we all support bitcoin and it has supported us in the mean time. Newer asset classes are always welcome but only if they bring something new to the table. What one exchange thinks today, may change tomorrow, but one thing never changes, is that bitcoin is the only coin you need in crypto.

This a common method used by shill accounts. Probably the account is used by the exchange to ejaculate cooked up posts and spew it over the forum.

Often they are hiring people for this and its sad to see that certain account owners are willing to accept it for get their stomach's filled.

It's true what you say but not a few also have naive thoughts like this, especially for those beginners who are indeed panicked by price fluctuations because they have just felt it, especially with some conditions that occur when a big news related to bitcoin occurs indirectly it will affect the market which makes them even more panicked.

It is a condition that always happens and we cannot stop this because it is a reflection of the reflection of many people who are panicking. But precisely that is a wrong thing because they do not realize that with the actions taken it already shows that they do not understand how bitcoin performs well so that they always feel panicked excessively when something happens, especially for corrections and declines.

Investors interest are driven by the profit they are going to make within a specific period of time. This has nothing to do with the future of btc from a long-term perspective. Money is made base on speculations and the eth etf is one of such cases. Every speculating eth price will be much higher when the etf is eventually approved. Investors capitalizing on that note to buy eth while the price is cheap for a possible pump afterwards.
Btc future is very bright and there is no reason to think otherwise. Those who are selling for eth will definitely buy back when they are done with the eth etf short-term pump.

Crypto or cryptocurrency includes Bitcoin and alternative cryptocurrencies aka. altcoins with market for investors and traders to do their jobs.

They can invest directly by purchasing those cryptocurrencies or indirectly through Spot ETFs. It's their personal choices and need to research on risk of trusting third party entities to secure their money. If they afford the risk with third parties, they can go with Spot ETFs. If you can not afford that risk, go with non custodial wallets, be their self custodians to secure own money. Be their own banks, with non custodial wallets that better, need to be open source, not close source.

Choose wallets through research, read reviews, reproducible tests, and have proper, safe backups.
Reminder: do not keep your money in online accounts or in other words, "Not your private keys, not your coins".
How to back up seed phrase
Choose your wallets
Walletscrutiny.com. Reproducible tests.

Crypto is not only about ETFs. It's way much more. It's a movement. A means to obtain true financial freedom and self-sovereignity. Bitcoin started it all, so don't expect it to lose its position anytime soon. Ethereum wouldn't had been nothing without it. What was the OP thinking? Set yourself forward 10 years from now, and BTC will still be the #1 cryptocurrency in the world.

Believe me, things are going to get worse for ETH as centralization grows within the network. The ETFs will gather a massive influx of capital, though. But who cares about the money, if the project will move away from crypto/Blockchain tech's core principles? With "Wall Street" in the game, the market will become more centralized than ever. At least, "hodlers" will be happy.

If people think that making an ETH ETF could make bitcoin go down in the rankings, they are expecting way too much from ETF and they are expecting way too much from ETH as well. Its clear that we are going to end up with a result that will be not that easy to handle, and it will be quite good for all of us as well. We should just focus on what we have, and not have some grand imagination about what could possibly happen.

We could also see dogecoin reaching 20 trillion dollar market cap, in reality there is no technical aspect of it that would prevent that so it is possible, but its as much possible as me waking up to a million dollars in my crypto account, won't happen. So that is why instead of looking at what's possible, lets look at what's probable.

Bitcoin has a great future and it can't be replaced with any other alt-coins in the cryptocurrency industries and it only be opinion from the Big boy's in the cryptocurrency industries and nothing else much that we make Bitcoin a second alt-coins in the cryptocurrency market. Therefore Bitcoin we continue remains as number one in the industrial and is good to buy more since the market is worming up for the next season of Bull Run market.

It will continue to grow. The level of awareness and penetration of Bitcoin has increased manifold. No doubt bitcoin is a currency whose value is constantly going up, maybe the coin will go up and down at some point along the way, that seems normal to me. As Bitcoin has entered its all-time high this year, expect it to add new levels in the future. Bitcoin is not a two-day investment, you have to wait for a long time to get a valuable profit. Those who are afraid to invest have doubts in their minds, when Bitcoin was under $20k last year, did you doubt that Bitcoin would not come back in new form. So if that is the case then why is the current price of bitcoin down a bit and doubting the future of bitcoin. I myself have invested in Bitcoin and I am hopeful that it will bring me the expected results in the future.

As the days go by people are showing more interest in Bitcoin, people are more interested in Bitcoin and investing in Bitcoin, so it is expected that the price of Bitcoin will increase in the future and its demand will also increase by double the amount that people will show interest in investing more in the future. If we can invest in Bitcoin with a long-term plan, surely we can get enough profit by investing in Bitcoin, which will make us more interested in Bitcoin. But ethereum is a reliable coin we can invest with the same confidence in bitcoin as we can invest in ethereum with great confidence. But nowadays more and more people are showing interest in Bitcoin because many people have changed their fortune by investing in Bitcoin, they have changed their fortune by making good investment and earning a lot of profit. After hearing many fortune changing stories on this forum, people are interested in investing more bitcoins and this bitcoin will gain more popularity in the future.

I notice OP still hasn't returned to the topic.  Just posts the FUD and then disappears off to the next thread without a care.  Maybe this current generation of speculators just have short attention spans.   

Ethereum was great until Vitalik and his team ruined it with the switch to PoS. Not to mention, they've been reluctant to increase on-chain transaction capacity. They're forcing everyone to move to centralized L2 networks instead (Arbitrum, Optimism, Base, etc). Despite Bitcoin's high fees and slow confirmation times, no other coin can beat it in terms of decentralization and censorship-resistance. The limited supply of 21m coins is what makes it most attractive.

I don't expect Ethereum ETFs to surpass Bitcoin ETFs in terms of market cap anytime soon. It's like saying Silver will surpass Gold in the future. Not now, nor in another century. Let's all enjoy Bitcoin while it lasts.

I've been tired of hearing negative and a dying prediction from self-proclaimed experts. They know nothing but just purely negative and against crypto. In fact, it was proven already many times when the majority ignored bitcoin at the start and even said it was a joke but look, it is far from what we see in the past years and even breaking its record every ATH.

That is why stop believing these people who claim that bitcoin has no future. No way to attest to that, in fact, it is a growing and profitable investment that we can't just ignore and miss. CryptoSlate just driving your mind into panic and dumping your bitcoin. You will become a loser from believing them.

Bitcoin's future remains strong despite the launch of an Ethereum ETF, which may boost Ethereum's price and appeal. While some investors might shift focus to Ethereum, Bitcoin's established role as a digital gold and its widespread adoption will ensure it continues to be a key player in the crypto market.

Sometimes I wonder if Wall Street-type investors would only be buying an Ethereum ETF because they heard that Ethereum can mint NFTs that everyone buys.

Because it sure as hell isn't because of the other parts of the technology. Most of them have not even heard of "ERC-20" or "gas fee".

Why you compare with bitcoin? Bitcoin is most successful coin in history. Any coin or token price while dump then don’t be panic in bitcoin. Bitcoin is long term investment coin and bitcoin survive long long time. I think, bitcoin will more shine in future.

The second largest cryptocurrency coin is Ethereum, or Ether.  The thing about Ethereum versus Bitcoin is that they are two totally different things, or totally different coins.  That's one of the things that personally attracted me to Ethereum from the beginning is that it's not supposed to do the same things that bitcoin is.  I think you'd have to look at whatever coin is next on the list that follows the outline that bitcoin does. 

I can't see bitcoin every falling below any other coin, personally.

Just like Solana folks saying that SOL will overcome ETH in the future. They really don't know what they're saying. No copycat project can beat the original one. Besides, Solana is more centralized than Ethereum.

On the flip side, Ethereum is more centralized than Bitcoin. Stakers (validators) and Vitalik Buterin himself are the ones behind the chain. It's why Michael Saylor and even SEC chairman Gary Gensler think ETH is a security (although Gary stepped back after pressure from giants like BlackRock and VanEck). Bitcoin is and will always be the #1 cryptocurrency in the world. Period. ETH fanboys are being too optimistic. Don't be surprised if ETH is still the second-largest crypto by market cap in the future. At least, ETH's position as "King of Altcoins" will remain unchanged.

Yeah, and they said the same for so many altcoins, not just ethereum, they called many of them 'the next BTC,' but it is funny how none of them ever became as useful as BTC. Altcoins are mainly used as trading tools, and because people are gambling on it, does not mean people are shifting their attention from BTC to altcoins, and i believe whoever wrote the article op's talking about is just spreading fud and nothing else.

This is not the first time people are saying things like this, I have seen it being said so many times and there have been times people said that ETH was going to overtake Bitcoin that year, but it never happened. Don't be fast to believe whatever anyone is saying on the Internet please.

I believe both Bitcoin and Ethereum's future will be bright. Still, whenever a certain altcoin is gaining interest day by day then you should panic about the sudden volatility that will occur because most investors go for altcoin and later divert their profit into BTC.
Another thing is the Ethereum spot ETF that was approved which will lead to the manipulation in price of ETH soon.

You have a point but only naive cryptocurrency investors won't have his/her interest increase on Bitcoin now due to the rapid selling caused by the German government, and Mt. Gox victim's distribution because when the market is in the panic stage is the best time to ape in.

It will take Ethereum a life time to even come close to Bitcoin in capitalization. It's far away from Bitcoin in capitalization by more than 1/4th which's not a small gap. When it will reach Bitcoin's current market cap then Bitcoin will still be higher in capitalization because by then Bitcoin may be more than 3T market cap coin.

I know, right? Why would an inferior chain replace the orignal one that started it all? Without Bitcoin, Ethereum nor any of the zillions of others coins we know and love today would've existed. BTC enjoys first-mover advantage. I fail to see how that would change in the future. Especially when no other coin is as decentralized and reliable as the "King".

The OP must be dreaming. There's nothing wrong with that, though. If held ETH in your wallet goes to the moon, you'll be able to cash out some pretty huge rewards. Same goes with holding BTC long-term. The crypto market is unpredictable. So expect the unexpected.

It's dullard being who don't know about Bitcoin would spew this bullshit and expect people to clap for them for believing that Ethereum ETF will make investors divert their attention from bitcoin to Ethereum.

It is a delusional imagination if I am to say, for someone to think that bitcoin will be replaced by Ethereum or any other coin. So, remove such crap mentality from your head than believe what shillers are saying the Ethereum ETF would do. This is Ethereum that can't skyrocket Ethereum to $10k before the end of 2025, would replace bitcoin. hahaha

No sensible investor will sell his Bitcoin to get hold of Ethereum. Yes, the money will come in ETH as its ETF is also approved but that will be new money flowing the Ethereum. Bitcoin investors will never be willing to sell their Bitcoin only to invest in Ethereum.

Secondly, I understand the fear in the market, as the price is constantly dumping. MTgox threat and all these negative sentiments are making the newbies think that Bitcoin's future is in doubt. These weak hands will sell their bitcoins and only the diamond hands will make big profits in the coming bull run.

You have shared an interesting topic for discussion. It is true that the growth of the Ethereum coin and the peoples interest in it are gaining day by day. But I think Bitcoins future is bright too. The bitcoin price is likely to gain momentum in the next bull run. And if the price of Bitcoin increases a lot, peoples interest in it will increase. Investments in Bitcoin will increase. Since Bitcoin was the first cryptocurrency, it is more popular than Ethereum coins. So I think that even if Ethereums growth is good temporarily, Bitcoin futures will not be bad.

I think what you are trying to do is spreading FUD which ofcourse many new crypto enthusiast get aroused by such information but if you have done your research and seen the possible outcome then you would know that Bitcoin is actually just getting started and it's future is still very great. Imagine a coin where all the world top investment and giant company have almost half of their share in it @microstrategy and so many more. Bitcoin future can only be one thing and that's greatness and I urge you let go of any fantasy and queue in onto the moving train before you get left behind.

So you think that Bitcoin's future is in doubt just because some crypto investors will sell BTC and buy ETH? Really?
There will be some short term hype around the Ethereum ETF(just like there was hype around the Bitcoin ETF), but this hype won't last for long and it won't turn Ethereum into the number one cryptocurrency. The ETH price will never reach the Bitcoin price ATH, mostly because Ethereum isn't as scarce as Bitcoin. We are witnessing a summer price drop right now and I'm sure that all cryptocurrencies(including Ethereum) are going to decrease their market cap.

one research doesn't determine the sureness or the plausibility of such thing to happen; remember that markets are extremely volatile and an analysis from yesterday might not be true now

the gap between bitcoin and ethereum is not that close to the point that you should worry about ethereum overtaking bitcoin even with the approval of etf it will still remain the same as it is

lol nobody is switching their focus to Ethereum. Ethereum is a playground for experiments (maybe one or more of those experiments takes off one day, maybe not). Bitcoin is global decentralized money for humanity. Two veryyyyyy different things.

ETH? Really? A coin that was supposed to flip bitcoin years ago. A coin that is constantly being used to finance other projects and healthy lifestyles of Vitalik and Lubin...
There's no chance ETH will ever flip BTC and there's no chance a PoS coin will be bigger than Bitcoin. Especially a PoS coin that has living founders and technically passes the Howey test.

Its ETF will also end up getting much less money than bitcoin, simply because of the above. Bitcoin is an asset class of the level Ethereum will never be.

Folks, I heard the talk. Some are worried about Bitcoin because of Ethereum. Set the record straight. Bitcoin is more than a flashy thing. The OG, the crypto world's basis. The digital gold standard. Ethereum's got its merits. This platform is smart and promising. But that doesnt mean Bitcoin's going anywhere. In fact, its getting stronger. Its massive, enduring, and unavoidable.

Those following the latest trend may miss that. Like sheep, they'll pursue Ethereum. Smart money values proven assets, a store of worth thats endured. That rock is Bitcoin. The future of finance rests on it. Yes, diversify your portfolio. Thats smart. Dont believe the hype. Ethereum's growth doesnt spell Bitcoin's demise. It only indicates crypto is expanding. That benefits everyone.

Remember, Bitcoin isnt just an investment. A movement. Freedom, decentralisation, and a new money mindset. Take charge of your finances. Its powerful.

Speculators will spook themselves over just about anything, won't they?  So dramatic.

Insert usual comments about weak hands.  Keep calm and zoom out, etc.

The sky is not falling. 

I'd like to start a reflection on the future of Bitcoin, especially concerning long-term investments. It's tempting to think of Bitcoin as a guarantee for the future, a secure bet for retirement or financial stability. However, we must consider the uncertainty inherent in any investment, no matter how promising it seems.

We can never be certain what the future holds. The cryptocurrency market, in particular, is volatile and subject to rapid and unpredictable changes. Investing using strategies like dollar-cost averaging can help mitigate some of these fluctuations, but it doesn't eliminate the risk. The truth is, we never know when a significant price drop might occur.

Moreover, there's the issue of the global economy. Anything can happen in the future that could cause a major crisis in global markets, such as wars, natural disasters, political and fiscal issues, among others. All these factors have the potential to affect not only Bitcoin but all financial assets.

A critical point for reflection is the idea of investing with such conviction for the long term but never realizing significant profits. Many of us hold the belief that Bitcoin will be a source of wealth in the future, but what if that doesn't materialize? What if our investments end up being just abstract numbers on digital screens?

Therefore, it's important to be pragmatic in our investment approaches. It's essential to have an exit strategy, consider taking profits at strategic times, and be prepared to adjust our strategy as the market evolves. This doesn't mean abandoning the long-term vision but ensuring that we make informed and conscious decisions.

I don’t know how true it this because I don’t think Bitcoin holders will sell their they have in their portfolio for Ethereum; they will rather stop investing in Bitcoin for now to stock more Etherum in their portfolio.
If the Ethereum ETF is lunched, there is a possibility that Ethereum will get more value than it gets now, and anyone that hold Ethereum will gain profit; but all these acts are to take people’s attention off Bitcoin which is not possible in my opinion because Bitcoin is the pioneer Crypto coin and any other coin will follow its suit.

Should all these be enough reason for us to doubt the future of bitcoin when all you're considering are just like a chase after a ponzi scheme,, this is altcoins we are talking about, forget about the fact that some of them may make use for ethereum network or any other strong and well recognized crypto network, they still have high rate of risk than what we could find in bitcoin, so don't try to get panic for any reason as bitcoin network remain the best and bitcoin the very best option to go for in cryptocurrency, what others are saying could be untrue.

The data that's being supported in that article that you've quoted as many have already stated, is just an opinion that's disguised to look like an educated guess, no one really knows how the market is going to be so I don't think that it's worth investing our time on someone saying that this will happen in the future, everyone's got an opinion but it's not a prerogative for us to consider it as a holy scripture, learning to think for yourself is a thing that you should do from time to time because you do know that you can get something out of it and it's free, people always preaching things about bitcoin and acting like bitcoin doesn't have any negatives.

you can mark my words that bitcoin will do just fine and will not be bothered at all by anything, be it etf, ethereum, or any other garbage. because bitcoin is a pioneer in the market and its credibility is much more trusted compared to those overrated altcoins. only a fool would sell their bitcoin holdings just to get altcoins whose value is mostly based on bitcoin price developments. so if you doubt the future of bitcoin, then you are one of those people who will later regret not putting your trust in bitcoin.

I just read the article -

https://cryptoslate.com/blofin-believes-spot-ethereum-etfs-will-drive-short-term-surge-in-eth-prices/

And this article does not say anything which can support your statements. Some investors may switch to ETH. It's a personal preference of investment. Do you have any data to show that investors are selling their bitcoin to acquire ETH?

There is no doubt that Bitcoin's future will be bright. Why would you think otherwise? Neither ETH nor any of the zillions of cryptocurrencies trading on the market will be able to beat BTC in terms of market cap and price. It's the one cryptocurrency that started it all!

With a limited supply of 21m coins, you can bet BTC will remain the dominant force of the market forever. Ethereum ETFs will never come close to Bitcoin ETFs in terms of market valuation. Not now nor in another century. I'd imagine companies filing ETF applications for other cryptocurrencies once ETH and SOL ETFs become a huge success. It's "Wall Street's" game now, isn't it?

Totally on point! Newbies do really that easily get fooled into those things that they do read up on the internet without even trying to look with those sources on which we should really be thinking up first that
we are that hovering ourselves into an unpredictable space on which there's no one could really be able to tell if there would really be shifts or not when it comes to Bitcoin down under into those alts that are next in line. Speaking about future and on what would happen ahead then it would really be always unknown, whether its true or not then there's no way that we could know ahead. Also, we are on an unpredictable
market on which there would really be tons of speculations and words that would really be thrown around on which it would really be that normal that you would really be able to read up with those shit sentiments.

If you are really that a fan on listening up with those words then you would really be that easily freak out or having that kind of discouragement towards Bitcoin and would really be selling all
your BTC for ETH. looool

The circumstances that will answer how the answer is when they shift their focus from Bitcoin.
I just want to know from you regarding this that do you think they are sure to put high hopes other than Bitcoin?
I hope you can also answer with accountable data accuracy.

Anyone can say anything because he has a brain that functions to think. Sometimes there are people who have brains but cannot produce thoughts that are in accordance with reality, aka just to muddy the waters.
Don't assume too far by citing sources to strengthen readers to believe if in the end it cannot be proven.

While I do think that the coming ETF will do wonders for the value of Ethereum, that doesn’t necessarily mean that Bitcoin will lose its shine. This could very well be a case of a new emerging asset class attracting investment from traditional investors. As such, diversified options aren’t the worst thing. A rising tide lifts all boats.

Who is shifting their focus away from bitcoin? That’s not true and you shouldn’t believe everything you come across online because they’ll deprive you of the real news and make you believe in some other illegitimate news just for the main purpose of being at their advantage. Investors are not selling bitcoin in their possession and you shouldn’t sell just because you heard in the news that such is happening. I have strong believe that it is all for their own benefits that this propaganda is being shared and nothing more. So when believing in a news, check the source and know how reliable they can be.

Fact check is that Bitcoin stands alone at the number one spot of the crypto ranking and Ethereum comes at a distant second, so there's no how that you can compare their market caps. I believe that it's a pro Ethereum analyst that is shilling it to eth believers and nothing serious to consider or worry anybody that is hodling Bitcoin. The OP could not provide any link or proof to show evidence that Bitcoin investors are selling theirs to buy Ethereum, so the assertion is baseless and not to be taken seriously. Publications like this is what will mislead newbies who are new in Bitcoin investment and they will sale their BTC because of it to buy second rated eth.

It's true that the Bitcoin future is still unknown, Bitcoin was created to escape from banks and government, but the bigger Bitcoin is, it looks like impossible for the government and banks not taking action about Bitcoin.

But, if you doubting the Bitcoin future just because Ethereum ETF will launch, it's really a big joke for me. Ethereum is no longer favorite for altcoiners, they move to Solana.

That will be their choice. We can't forces them to be Bitcoin investor. If they wants to be the ETH investor, that will be up to them and maybe they have their own analysis so we can lets them chooses what they wants. I still wants to be Bitcoin investor and will not sells my Bitcoin at a low price because I wants to makes a big profit from Bitcoin. I can holds my Bitcoin for a long time as I already did that from the last ATH.

No problem if you doubt with the future of Bitcoin but I still believe that Bitcoin have a bright future. But as you know that Bitcoin investor is also ALT investor and they have many coins besides of Bitcoin because they use Bitcoin for a long term investment and ALT as a short and medium investment. It is a choice for every people.

I do not see this happening, maybe you can add more details to this claim of investors shifting to Ethereum and ditching Bitcoin. How can this even happen when Bitcoin have increased its market dominance to over 53% just recently; this simply means there is more interest in Bitcoin now than ever. If you also recur that Bitcoin ETF was just approved, you will understand why there is more interest and confidence in Bitcoin than Ethereum.

I have not seen any response of the Ethereum price to the massive buy you are trying to convince us to believe, ETH is just following the path of BTC as usual so your concerns might just be unnecessary distractions.

The ETH ETF is likely the result of high corruption. ETH is a security issued by a group of people, and I believe that according to American laws, an ETF cannot be granted for securities but only for commodities. If we look at the history of ETH's creation and consider that the ETH foundation is essentially something like a company with Vitalik Buterin as the CEO who manages the company's operations, it is unclear under which law the SEC approved the ETF for ETH.

Ethereum has been #2 for a while, but I don't think it has real prerequisites to seriously become #1. Its capitalization is significant, but it's still way too small to compete with Bitcoin. In fact, it's a mere third of Bitcoin's capitalization. Ethereum had its time of fame during the ICO boom of 2017, and then maybe a couple of times more. But it's perceived more as a platform than as a currency, so Bitcoin is still getting much more trust and attention as a standalone currency rather than a platform for something else. And there's no good reason for that to change. Not to mention that BTC being PoW vs ETH being PoS makes the former more decentralized.

It's just a piece of clueless information created by the Ethereum shillers and there is no such thing is happening the dominance of bitcoin is still over 50% so whatever you are saying is just a crap that should not be spread anymore. And Bitcoin ETF is also still in the market that's previously approved before ethereum so if institutional investors look for ETF then their priority will be on Bitcoin ETF.

Bitcoin and Ethereum are two different things. Bitcoin is a  monetary network and hard money without inflation in digital form. On the other hand, Ethereum is something like a centralized company managed by a small group of people. In my opinion, Ethereum is a scam because they use the Bitcoin narrative to deceive people into buying their pre-mined ETH. When Ethereum was launched, it started with a pre-mine of 70 million ETH. They previously claimed to be the world computer, and now they claim to be ultrasound money, etc. This cannot be sound money; it is just like fiat money where a small group of people in the central committee determines monetary policy. So far, they have changed the supply policy seven times, and just a month ago, they entered into high inflation again. Anyone who understands economic principles knows that harder money always wins, just like in mathematics 2 and 2 are 4. Bitcoin is the hardest money the world has ever seen. Bitcoin competes with gold and real estate, not with tech companies like Ethereum, and it is likely to surpass the market cap of gold in the next 10-15 years. As for the future of Ethereum, it is likely that a better company like Solana or Kaspa, etc., will emerge and surpass them.

This is nothing other than altcoin hyping and a low level schil from who soever this article come up from, many of the time, gullible people are the target pf this so called low budget article writers who can publish almost everything just to earn a few cent, this is the level their are right now, bitcoin does serves as the best long term investment and future store of value that it relevant in the market will ever remain active and not replaceable.

Memecoins may be making some name in market,  but those names are just short term speculations, but bitcoin already have long term progress record going tontwo decades now and it relevance is still very intact and in the future bitcoin will break more records in terms value increase.

You must ask yourself that what did you know about history of Ethereum Spot ETF applications and approvals. Bitcoin succeeded first to have Bitcoin Spot ETFs in January 2024 and months later, Ethereum took advantage of it, to have Ethereum Spot ETFs.

I can say, without fear that I am wrong, that there will be no chance for Ethereum Spot ETFs if Bitcoin does not have Bitcoin Spot ETFs. In future, if any milestone is made in cryptocurrency market, it will again be from Bitcoin, then Ethereum or other altcoins will follow.

So if you doubt about future of Bitcoin, you have more reasons to fear about future of Ethereum.

The future of Bitcoin is great.  And I do not know where you got this silly rumor from, but I very much doubt any other Cryptocurrency will take the number 1 spot on the Market.  Ethereum could have a good long term future due to the ETF, but this means nothing when the future of Bitcoin looks even shinier.  Where is the evidence that investors are selling Bitcoin in preference for Ethereum?

Bitcoin's 24 hours volume is around $21-$22 Billion and Ehtereum's 24 hours volume is around $11-$12 Billion, today it's still on that range, there's nothing changed.

I'm not denying the speculation about Ethereum ETF launch will increase Ethereum price, but it doesn't enough to threaten Bitcoin. The only chance for Ethereum to beat Bitcoin was in 2017, but they can't and I believe they will never ever beat Bitcoin.

I get the worry, but Bitcoin ain't goin' anywhere anytime soon. Sure, some investors are eyeing Ethereum, especially with that ETF buzz and its potential to spike in value. But Bitcoin’s still the OG, the gold standard of crypto. It's the most recognized, trusted, and has that store-of-value appeal.

Ethereum's got its own strengths, especially with smart contracts and DeFi, but Bitcoin's stability and security keep it solid. Folks might diversify, but Bitcoin's role as digital gold isn't just gonna disappear. I thnk theres no need to panic just yet.

Fixed your post a bit.

The best way to look at it is the global market cap of all crypto is $2.25 trillion of that BTC is $1.2 trillion. So every other coin added together is LESS then the value of BTC

I would be more concerned about ETH taking a dive as more and more people who are staking it @ 4% give or take https://www.blocknative.com/ethereum-staking-calculator sell it off and move to a CD making over 5% https://www.synchronybank.com/banking/cd/

Back of the napkin round number math. You need 32 ETH to stake and at the moment ETH is at $3400 so 32ETH * $3400 = $108800
Now $108800 * the 1% you are giving up is $1088
As ETH goes up in value your loss from staking @ 4% vs CD rates goes up as well.

BTC will be fine.
Alts will keep being crap alts.

-Dave

I don't know if you are trying to spread fud here, a possible ethereum spot etf is surely attractive to speculators who like to gamble for short term returns, but how does that have anything to do with the future of BTC.
Can you prove this, or your proof is that 'it was written in the article.' Things like this isn't new, just the way so many coins were called 'the next BTC,' but you know how most of them ended.

Where did you get this rubbish information from?

If this the information you are talking about, the speculation of the ETF that I read about is that ethereum ETF can go up to  $15 billion. But did you know the market cap of bitcoin? It is in trillion dollars.

It's not a research, it's the opinion of an exchange:
https://cryptoslate.com/blofin-believes-spot-ethereum-etfs-will-drive-short-term-surge-in-eth-prices/
And ignoring the fact that it's a second-rate exchange if not third, also heavily invested in promoting meme coins it's also one of those articles made for clickbaiting and promotion.

Stop believing what every 20 words per $ "analyst" writes nowadays on the internet.

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!