Bitcoin may not be number one for long - page 56.

bryant.coleman

legendary

Activity: 3766

Merit: 1217

Quote from: BarbieCasino on June 22, 2017, 06:55:46 AM

Quote from: NanaLelyakova on June 22, 2017, 06:20:52 AM

Bitcoin will always remain Bitcoin: the first, the original, the best. Ethereum will remain Ethereum, it will never replace Bitcoin.

yes you right ethereum cannot take palce from bitcoin. Because bitcaoin have more value than ethrium and bitcoin are adopt by many countries as a trancastion that i thing bitcoin is already number one currencey

Ethereum's market cap is inflated, unlike that of Bitcoin. Only a small percentage of Ethereum is in free-float form, and the rest is being kept in cold storage by Vitalik Buterin and the other developers. Although the demand is not as high as that with Bitcoin, the prices are rising due to the limited availability of the Ethereum tokens.

fullypak

legendary

Activity: 1456

Merit: 1005

Quote from: Caelanpelley on June 22, 2017, 12:24:08 PM

Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

The future can be changed, bitcoin, too. Not just bitcoin, there are many other coins compete with each other, Bitcoin may not be the number one choice is inevitable can happen.I hope that will not happen.

Yes we can not predict the future. Not only eth the other coin also competes with bitcoin in future. Untill and unless bitcoin become legal in all country there is no guarantee that bitcoin will stay in a top position of the digital currency. Definatly bitcoin will get competition in the future.

Kemarit

legendary

Activity: 3080

Merit: 1353

I'm still waiting when this so called "flippening" will happened. Too much expectation on Ethereum really. Yeah, we can't predict the future but I'm not seeing this happening anytime soon. I know that ETH has been pumped really hard but I don't know the current price, but checking upon the price of bitcoin now, it is really going strong after a price swing a few weeks earlier. Those ICO's and Crowdsale are really putting cash on Ethereum but I don't know if that is sustainable in the long run that will make them the "king". But so far I haven't seen it happening.

Caelanpelley

sr. member

Activity: 602

Merit: 250

Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

The future can be changed, bitcoin, too. Not just bitcoin, there are many other coins compete with each other, Bitcoin may not be the number one choice is inevitable can happen.I hope that will not happen.

karasuri

full member

Activity: 252

Merit: 100

Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

You forget that the ethereum depends on bitcoin, so I do not think that someday there will be a moment that it will become higher than bitcoin.

phr0stbyt3

hero member

Activity: 672

Merit: 500

No it won't happen till 2019 as people are trusting bitcoin more than ethereum and we can clearly see. In past ethereum was almost 5 billion less than bitcoin but recent drops brought ethereum back to 31 billion and bitcoin is again increasing to 44.2 billion and thisnclearly shows when ethereum market cap fell bitcoin increased so all this sudden capturing of bitcoin market cap by ethereum was just a way the whales wanted to make profit but sadly the party is over

BarbieCasino

sr. member

Activity: 612

Merit: 250

Quote from: NanaLelyakova on June 22, 2017, 06:20:52 AM

Bitcoin will always remain Bitcoin: the first, the original, the best. Ethereum will remain Ethereum, it will never replace Bitcoin.

yes you right ethereum cannot take palce from bitcoin. Because bitcaoin have more value than ethrium and bitcoin are adopt by many countries as a trancastion that i thing bitcoin is already number one currencey

Palmerson

sr. member

Activity: 434

Merit: 255

Live cams shows pimped with cryptocurrency

I prefer bitcoin. Perhaps such a dramatic increase in Ethereum is associated with the expectation of people to get rich as it was with bitcoin. In any case, bitcoin is more popular and far more widespread. For me he will always be number one among all crypto. I'll be rich when bitcoin wins, and users of other crypto will switch to bitcoin.

NanaLelyakova

newbie

Activity: 14

Merit: 0

Bitcoin will always remain Bitcoin: the first, the original, the best. Ethereum will remain Ethereum, it will never replace Bitcoin.

ZzV1Finn

full member

Activity: 345

Merit: 100

Theoretically this is possible, but bitcoin has already been formally adopted in some countries and is quite strong. He can go to second place for a while, but then he will take the first again.

danipay

hero member

Activity: 910

Merit: 512

Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

That possibility exists but we do not know when. Which is sure if the bitcoin demand higher than other coins then bitcoin prices will still the number one.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: cjmoles on June 22, 2017, 01:36:03 AM

Marketcap Price Supply 24hr Volume
1 Bitcoin $43,772,285,944 $2668.33 16,404,375 BTC $1,515,020,000
2 Ethereum $31,163,179,244 $336.20 92,691,556 ETH $1,498,930,000

Source: https://coinmarketcap.com/

Wow!....The 24 hr volumes are almost identical. I never would have thought that they'd be this close so soon.

There is difference between real volume and hyped volume. Ethereum volume is completely a hyped volume because of the ICOs that are keep coming that is related or smart contract with ethereum so that is the only thing that i know that makes the volume of ethereum high but if you want some real deal then you should just focus in bitcoin because it is the best option for long term.

Sidas_Crew669

sr. member

Activity: 532

Merit: 250

Quote from: freeyourmind on June 19, 2017, 04:41:15 PM

Quote from: Skieleton on June 19, 2017, 03:22:58 PM

BTC is the virtual equivalent of USD. The reason is BTC and altcoins. Currently 1 BTC costs 2500 USD, while ETH is only 354 USD. I do not believe that Etherum will be a rival for BTC.

The price of the cryptocurrency doesn't matter that much because it doesn't take into account the number of coins available. I'd compare based on market cap. Right now Bitcoin and Ethereum have market caps of $42 billion and $34 billion USD respectively. Ethereum is at 81% and it has been increasing steadily for the past few months.

Well, it is now cryptocurrency has a lot of prices are very good and experienced growth that may not increase your rank but has always competed on price. And now the ethereum does have great opportunities in growth or it could just be a digital currency that will shift the ranking bitcoin. Because right now it's still has a big problem bitcoin therein, which makes its growth may be impaired

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: elite3000 on June 21, 2017, 04:37:40 PM

Who is going to take the number 1?

Ethereum is falling every hour with no sign of recovery.

Ripple doesn't recover too, and in the future many ripples will be released of their lockdown and probably be dumped.

Litecoin isn't even close to really threat Bitcoin

Litecoin is surely but slowly gaining traction

Indeed, if Bitcoin comes out unscathed from the dire quagmire it got into with all these quarrels, undercover struggles, agreements and negotiations behind closed doors regarding its future, Litecoin will likely remain where it is, basically going back to being just a Bitcoin copycat. But if Bitcoin doesn't make it and fails badly, Litecoin is likely going to take its place since "the throne is never empty". In fact, it could already be doing just that, and to see if it is really so, we need Bitcoin to go down substantially (like 300-400 dollars). If Litecoin retains its value and its price doesn't go down together with Bitcoin's (or even rises), that would mean exactly that, i.e. people changing horses

cjmoles

legendary

Activity: 1176

Merit: 1017

   Marketcap Price Supply 24hr Volume
1    Bitcoin    $43,772,285,944   $2668.33   16,404,375 BTC   $1,515,020,000
2    Ethereum    $31,163,179,244   $336.20     92,691,556 ETH   $1,498,930,000

Source: https://coinmarketcap.com/

Wow!....The 24 hr volumes are almost identical. I never would have thought that they'd be this close so soon.

ladydark

hero member

Activity: 686

Merit: 500

Quote from: thesavoyard on June 12, 2017, 03:46:14 AM

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

Bitcoin is a master piece of creation.Till now,there is no such altcoin which could replace bitcoin.Even though,bitcoin has some issues like high transaction fee,still it is trusted and bought by investors all over the world.Even it has been legalized in some countries.We could not even expect an altcoin to be legalized in any country.

Machines_Are_Simple

newbie

Activity: 5

Merit: 0

Do I think BTC is going to be replaced? Sure. Is it going to be by ETH? No.

ETH is a crypto currency that is used to create smart contracts and to create tokens. Doing this requires paying a "gas tax." ETH also has an unlimited coin supply. Yes coins get used up and deleted, but new ones are still going to be created every day.

ETH is a type of digital oil, if you will. It gets used up and recreated. It's not meant for standard transactions or as a reserve crypto. Can it serve that purpose? Sure, but not as well as some alternatives such as XMR or LTC.

qwertyup23

hero member

Activity: 2282

Merit: 795

Quote from: kpcian on June 19, 2017, 11:34:58 AM

Why not???
I don't think so, Bitcoin is becoming a profitable sector of investment and saving, people are going to be involved in this platform nowadays, day by day Bitcoin is getting more acceptable and credible, so it is just a matter of time to become number one for long..so keep calm and use Bitcoin..

Exactly! It doesn't mean that if another crypto-currency is becoming popular, bitcoin will fall already. Always remember that as time passes by, bitcoin's popularity is also increasing slowly but surely. Also, the value of bitcoin is steadily increasing at the moment and does not show any signs of decreasing or whatsoever. For as long as the conversion of btc to money is high, it will unlikely to fall apart in the near future.

Yuhee

sr. member

Activity: 546

Merit: 250

Quote from: Armstand on June 21, 2017, 09:19:58 PM

Quote from: Dainye_dyep on June 21, 2017, 08:09:10 PM

We are not yet sure about that. Even the answer maybe yes, that only simply means that in the market industry everyone can be able to improve theirselves so also in the currency. You can say that bitcoin may not be number one for long because of the past dump and the low price of its currency. But still we can't assure that because currency is still changing continuously. Maybe in no time, bitcoin will reach its highest peak that will put it to number one but other currency can do it also. Anyone can be open for improement. Market price is not consistent

Such saying that the "only constant thing in life is change" . We can't predict whether btc will not be number one since there are lot of alts out yet still none can compriamise the features of btc , though I eth might be next yet its value now is decreasing suddenly.

Well i do agree but it will be remembered a foundation for cryptocurrencies. Even if it would reduce its status, the impact it made to other currencies is major contribution for the member of crypto currency. Time will come that there would be an altcoin that would surpass it and even that coin could be surpassed in time. So what matters the most is the impact it gives.

Armstand

hero member

Activity: 626

Merit: 500

Quote from: Dainye_dyep on June 21, 2017, 08:09:10 PM

We are not yet sure about that. Even the answer maybe yes, that only simply means that in the market industry everyone can be able to improve theirselves so also in the currency. You can say that bitcoin may not be number one for long because of the past dump and the low price of its currency. But still we can't assure that because currency is still changing continuously. Maybe in no time, bitcoin will reach its highest peak that will put it to number one but other currency can do it also. Anyone can be open for improement. Market price is not consistent

Such saying that the "only constant thing in life is change" . We can't predict whether btc will not be number one since there are lot of alts out yet still none can compriamise the features of btc , though I eth might be next yet its value now is decreasing suddenly.

Topic: Bitcoin may not be number one for long - page 56. (Read 28298 times)