Topic: Bitcoin Versus Ethereum Cryptocurrency Market Share - page 2. (Read 450 times)
ETH is growing and becoming more of a threat to BTC. But it's stiil too early to say that it's gonna surpass BTC. But i don't think BTC is going to get back 50% of market share in this year or maybe ever.
BTC: 45.1%
ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
Bitcoin's dominance can't be reduced any more than this. and this situation will persist for a long time, maybe for the rest of the year we will continue to see the same trend over and over again. and indeed it is possible that ethereum is gaining growth momentum from some of the updates scheduled in the months to come. but I'm sure it won't have much impact on the overall price. and will not make bitcoin's dominance shrink because of it.
What's going to happen to the market if Ethereum rises faster in the next 2 quarters? It's possible some cryptocurrencies have become less dependent on bitcoin to affect their prices.
it will create new hype and will trigger market recovery. but the probability is very low, because it has never happened that ethereum has grown bigger than bitcoin. for the possibility of altcoins not relying on bitcoin. this is impossible. until whenever altcoins will always need bitcoin to grow.
Ethereum and Bitcoin both are really good investment options but when it comes to market dominance, bitcoin beats ethereum by a lot of margin.
If I were to invest in any one of them I would invest in Ethereum because it has a lot of room to grow.
Not saying that bitcoin is a bad investment but if we compare the both, then ether would rise faster in price than bitcoin and provide better returns.
The best thing here would be to diversify in like 60% - 40% in both ether and bitcoin respectively.
Now is a good time to buy these coins as we are in a really good dip.
We might see a pump in price by the end of this year but that is just a pure speculation.
I have to say there isn't really a "big margin" because at the end of the day we are at just 2.5 or so higher in total market cap. I am not saying that it is not a good margin but to say that there is a big margin would be disingenious because it is not that much.If I were to invest in any one of them I would invest in Ethereum because it has a lot of room to grow.
Not saying that bitcoin is a bad investment but if we compare the both, then ether would rise faster in price than bitcoin and provide better returns.
The best thing here would be to diversify in like 60% - 40% in both ether and bitcoin respectively.
Now is a good time to buy these coins as we are in a really good dip.
We might see a pump in price by the end of this year but that is just a pure speculation.
We know that etheruem is not catching up to bitcoin at anytime, so the difference between them will not be closed too much so why think that ethereum will go up too much compared to bitcoin? I believe that we should be focusing on either bitcoin/ethereum together, or if you want higher returns then you should be focusing on something that is a lot smaller, not just ethereum, but something like top 30 or so or even lower, because they have a lot more room to grow. I personally do not go towards anything lower all that much, I just end up with the top coins because I rather take less risk, crypto is already risky enough.
Ethereum and Bitcoin both are really good investment options but when it comes to market dominance, bitcoin beats ethereum by a lot of margin.
If I were to invest in any one of them I would invest in Ethereum because it has a lot of room to grow.
Not saying that bitcoin is a bad investment but if we compare the both, then ether would rise faster in price than bitcoin and provide better returns.
The best thing here would be to diversify in like 60% - 40% in both ether and bitcoin respectively.
Now is a good time to buy these coins as we are in a really good dip.
We might see a pump in price by the end of this year but that is just a pure speculation.
If I were to invest in any one of them I would invest in Ethereum because it has a lot of room to grow.
Not saying that bitcoin is a bad investment but if we compare the both, then ether would rise faster in price than bitcoin and provide better returns.
The best thing here would be to diversify in like 60% - 40% in both ether and bitcoin respectively.
Now is a good time to buy these coins as we are in a really good dip.
We might see a pump in price by the end of this year but that is just a pure speculation.
What's going to happen to the market if Ethereum rises faster in the next 2 quarters? It's possible some cryptocurrencies have become less dependent on bitcoin to affect their prices.
I feel that the current market is not positive, only waiting until the IV quarter or 2022 seems to be more positive than now, as for ETH and BTC, if we look at the development of ETH, it still depends. in the price volatility of BTC increases or decreases and ETH also increases or decreases.
The dependence is only on BTC, because from the past it has been very clear that when BTC increases, ETH and other coins will also increase sharply, as well as when BTC decreases, and for now BTC is like a road in place.I feel that the current market is not positive, only waiting until the IV quarter or 2022 seems to be more positive than now, as for ETH and BTC, if we look at the development of ETH, it still depends. in the price volatility of BTC increases or decreases and ETH also increases or decreases.
The dependence is only on BTC, because from the past it has been very clear that when BTC increases, ETH and other coins will also increase sharply, as well as when BTC decreases, and for now BTC is like a road in place.it is this dependence that causes the crypto market to be viewed badly. all coins depend on bitcoin, no one is independent. all are affected every time bitcoin moves. Likewise with ethereum, although eth is the number 2 largest coin but still not free from the influence of bitcoin.
The dependence is only on BTC, because from the past it has been very clear that when BTC increases, ETH and other coins will also increase sharply, as well as when BTC decreases, and for now BTC is like a road in place.
The dependence of the market will not be separated from the BTC market, altcoins can only increase when the momentum is right but will not last long if the BTC market gradually declines. The BTC market can influence all altcoin price movements but not all altcoins can affect BTC market movements. I am sure that Ethereum has a bigger room to grow but it is assuming that it will be successful in dealing with the many challenges thrown into it like its scalability issues and the unbelievable tx fees the network is getting into which actually a factor why we are seeing the rise of BSC. Ethereum has many use-cases compared to Bitcoin and I heard this from possible experts who are bullish on Eth but it does not mean that eventually Ethereum will overtake Bitcoin in terms of market dominance.
BTC: 45.1%
ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
Bitcoin will remain on top, despite of ETH growing because Bitcoin will also grow. I’d rather have this two great coins in my wallet, bitcoin dominance can’t be killed easily and ETH dominate altcoins so it’s good if you diversify your investment. There’s a lot of rumors that ETH will take over Bitcoin, I don’t believe on this HYPE and numbers wont lie, Bitcoin will still the top coins and will lead the market. ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
BTC: 45.1%
ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
If you look at the daily trading volume, the Ethereum trading volume is almost close to the Bitcoin volume. But all crypto is inseparable from Bitcoin price movements. There has been no history of a coin rising without a Bitcoin price increase.
The start for price increase was once made by YFI coin, but it did not hold up well. After a while the price fell below the Bitcoin price. So I think that no coin will ever overtake Bitcoin in all areas.
BTC: 45.1%
ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
As far as I know whenever we are in the long bear or bull market the dominance of bitcoin seems high and ethereum will never reach sich stage as of its current price growth level. Ethereum is actually losing its value compared to previous years due to the emergence of other blockchain like Binance smart chain. ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
Ethereum and Bitcoin instead of competing against each other I think will benefit each other for as long as both are around. The success of Ehtereum is off the back of Bitcoin and Bitcoin gets more adoption from Ethereum because Ethereum has started to appeal to more people because it has a lower entry point than Bitcoin. Then people will eventually move onto Bitcoin as their capital increases. The market share will always be skewed in the favor of Bitcoin though.
It's seems to be like, bitcoin growth is low and ethereum is high. But the important fact is Bitcoin had struggle to reach the value of 1000$.After huge struggle, bitcoin attention was get into the business people. Once they started to inverse their money, the miracle happened in the bitcoin. Ethereum was grow in short period, because of the dependence of Ethereum is their for the withdrew of tokens.
You're right bitcoin's dominance during the bull run was high. We'll have to wait until the next bull run to see if bitcoin goes back to 70% because Ethereum's closing the gap.
I don't think that Ethereum will surpass the market dominance of bitcoin. We saw how far bitcoin's dominance was during the bull run and Ethereum won't be able to be par.
And this isn't an economics topic, this I think belongs to the Altcoin Discussions since it involves Ethereum which is also an Altcoin.
And this isn't an economics topic, this I think belongs to the Altcoin Discussions since it involves Ethereum which is also an Altcoin.
BTC: 45.1%
ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
I personally feel like Ethereum will probably not pass bitcoin in that regard, because it is just way too big of a difference. I understand that ethereum could grow a lot higher, specially with this eth 2.0 stuff it will definitely grow bigger and I feel like we could see something like 40% bitcoin and 25% ethereum around those times, however I do not think that it will be around the same market cap, it just doesn't feel like it could happen.ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
Of course this is the crypto currency world and everything could happen, I am just making a guess here but it is an educated guess and I can easily say that the most expected outcome would be ethereum growing to a level where it would be rivaling bitcoin but not in the sense that it would get same, it would be just closing the gap and that's about it, I do not think that anything else could happen.
BTC: 45.1%
ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
ETH: 17.9%
I'm thinking Ethereum will grow at faster speed than Bitcoin will grow in 2021. Can Bitcoin increase its market share above 50% again in 2021 or will Ethereum gather more momentum to occupy larger shares? Ethereum's now starting to increase the market share which makes Bitcoin dominance shrink.
Neither is very useful as a currency, so the "market share" of their marketcap dominance is not very useful because it doesn't actually give any indication of which coin is being used as a currency. Without significant changes to scalability, both are going to continue to be horrible currencies with transaction costs that are far too high. But as far as utility, Ethereum's value is as a platform for other projects, not a currency itself, and Bitcoin has no answer to that. So a "flippening" is possible, but don't expect it to happen so quickly.
in the end Ethereum still has an unlimited supply and it no longer has the ICO craze of 2017 to get super pumps like those days. it is also already over pumped so there is not much room left for it to be pumped any more.
Vitalik has been working hard day and night to pump ETH and he hasn't been able to pump it yet. they even brought the ICO scam back under another name called DEFI but that scheme also failed to pump it that much.
the only reason why ETH still has a huge market share (cap %) is becaue of its unlimited supply. otherwise if it were a normal altcoin with normal supply it whould have been at the bottom of the list.
Vitalik has been working hard day and night to pump ETH and he hasn't been able to pump it yet. they even brought the ICO scam back under another name called DEFI but that scheme also failed to pump it that much.
the only reason why ETH still has a huge market share (cap %) is becaue of its unlimited supply. otherwise if it were a normal altcoin with normal supply it whould have been at the bottom of the list.
Did you see any forecasts? What's the proof possible growth in fourth quarter is for sure?
Now on the cryptocurrency market, we are seeing significant or small fluctuations in prices and forecasts for the near future are more disappointing than optimistic. In any case, this year I see the possibility of good growth of this market only in the fourth quarter, however, it is unlikely that the price will rise again this year to the previous May heights.
Against the background of the absence of large price achievements of bitcoin, if the update of the ethereum network continues to be carried out systematically and successfully, then it is quite possible that the price of this coin will grow more compared to bitcoin, which means that the price dominance of ethereum will grow.
Against the background of the absence of large price achievements of bitcoin, if the update of the ethereum network continues to be carried out systematically and successfully, then it is quite possible that the price of this coin will grow more compared to bitcoin, which means that the price dominance of ethereum will grow.
BTC: 45.1%
ETH: 17.9%
ETH: 17.9%
There is no cause to worry about these figures. Bitcoin drop in price has not really reflected that much on slip from dominance unlike how much percentage in drop in price. At the time of ATH around $63,+++ , it dominance on the market was less than 56% still but now price is @ $33,+++ and dominance from your figure is 45.1% which IMO is still good for bitcoin.
Etheruem increase in dominance however is not taken from bitcoin but from altcoins as the market is bleeding. Coins like cartesi, curio, dogecoin and more have reduced pricing and volatility which also affects their little percentage dominance.
So bitcoin dominance will eventually increase at the time bull resumes because etheruem will get a hard time to overtake bitcoin dominance at least not this year or next.
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