You can think what you want. Everybody is free to have an opinion, however stupid it may be, as they have their reasons for them.
Now talking about pure growth, there is nothing that Ethereum is doing differently than what it has already done. People have been learning solidity and deploying a combination of a website, a whitepaper and a smart-contract since 2017 bull-market. In the last 4 years, that has not generated sufficient economic activity for ETH to overtake Bitcoin. The reason being that only a very miniscule percentage of those projects are actually legitimate. If they were actual projects and not money-grabs, this would have happened a long time ago.
Nothing in the future points to this changing. Solidity devs will continue to swindle newbies with false promises. BTC on the other hand is being adopted by nation states and people are actually working towards a decentralized future. Thus, having an opinion that ETH will somehow flip BTC is pretty much nonsensical.
Topic: Bitcoin Versus Ethereum Cryptocurrency Market Share - page 3. (Read 450 times)
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 economic model will not allow ETH to cross over the market cap of BTC in the future and that's kinda fact. ETH which offers unlimited supply to the market, will keep fulfilling the needs of any volume of demand. Adoption is another factor in this. Though most of the alts are using ETH as "high-way" to run their projects then also the share of project is always kept by those alts itself. Consider ETH as market with big space for running the businesses and they paying their taxes to it for doing so. However, to cop up that space ETH has to keep spending large chunks on developments and reproduce more space.
On the other BTC goes all the way opposite to ETH. It has it's own space, own supply and that too is limited one. Adoption here is faster, limited so more value will be driven into it all the time.
That's how BTC's economic model will keep it on the top all the time.
On the other BTC goes all the way opposite to ETH. It has it's own space, own supply and that too is limited one. Adoption here is faster, limited so more value will be driven into it all the time.
That's how BTC's economic model will keep it on the top all the time.
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.
In terms of market cap, the highest level ever achieved by Ethereum was 31.17% attained in June 2017. From that level, it dipped to less than 10% later, due to various issues. In terms of scalability and fee, Ethereum is in an even worse state when compared to Bitcoin. And the implementation of ETH 2.0 hasn't made much of a difference. So if some cryptocurrency steals market share from Bitcoin in the future, then it is going to be some other altcoin and not Ethereum. Ethereum doesn't have the required scalability and security aspects.
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.
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%
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.
Jump to: