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Topic: Can Eth flip BTC and why this is good? - page 3. (Read 349 times)

member
Activity: 405
Merit: 19
November 06, 2021, 03:01:33 AM
#14
It's not possible for Ethereum to flip BTC, you can easily judge this with BTC market cap Vs ETH market cap, the difference is huge and not even the upcoming ETH upgrades can make ETH number one, I believe that in future ETH will lose the second rank to another smart contract project
member
Activity: 252
Merit: 13
November 06, 2021, 02:45:56 AM
#13
The answer is a big NO 😌 ETH can hit 6-7k this year end but flipping BTC is what ETH don't have mate,you don't have to hope for such cod I believe that once ETH hits a new ATH that's when almost all altcoins will show their real worth which is good for all I believe.
hero member
Activity: 1946
Merit: 502
November 06, 2021, 01:49:13 AM
#12
I saw someone claiming that if ETH will do 2x, it can flip the BTC. Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.

However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.

Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?

I don't think it is anything more than seeing eth at the top spot and being the number 1 on coin ranking, and also if that happens eth price will be higher, it is hard to tell but in my understanding, btc always has a way to surprise and surpass expectations, so that probability is very slim.
hero member
Activity: 2408
Merit: 550
Leading Crypto Sports Betting & Casino Platform
November 06, 2021, 01:34:33 AM
#11
Even it goes 2x, it will never flip btc.
It seems like he never thought that way bro, so it still makes the impossible fantasy happen.

Guys, stop that mindset. It's not going to be healthy for you to keep thinking like that. We like both of it and ethereum will never get a glance of top 1.
It is clear, because Ethereum will always be in the order as it is now by following the Bitcoin mainstream in the market, so it becomes difficult for Ethereum to overtake Bitcoin which is already at the top.

It should even be worried with other chains that are under it because of continuous development.
Underneath Ethereum right now is BNB which is growing day by day with useful programs on the Binance exchange, so it's clear that's what the real Ethereum side should be concerned about.
legendary
Activity: 3738
Merit: 1708
CoinPoker.com
November 05, 2021, 09:42:55 PM
#10
If ETH actually somehow manages to beat BTCs market cap then I am pretty sure that would mean we are about to peak and enter bear market territory.

It might seem impossible but back in 2016 (or 2017) ETH came very very close of flippening BTC. This was before Segwit and transactions were extremely expensive.

Now with what is happening today with NFTs and meme coins i would not be surprised if it did flip however it won’t be permanent.

Market has gone full crazy. Same with the stock market.
legendary
Activity: 2884
Merit: 1137
Leading Crypto Sports Betting & Casino Platform
November 05, 2021, 09:15:51 PM
#9
I saw someone claiming that if ETH will do 2x, it can flip the BTC. Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.

However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.

Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?

Technically i see this as a very possible scenario later, after eth2.0 but then again, in the past when ever people start to seriously think about flipping, it has been a top signal for that bull market. Just see TA on marketcap comparison on bitcoin dominance. Not saying it will happen again but it sure looks like it would.

And if something flips bitcoin, the whole scene and future will look very different after that. I personally wouldn't invest to bitcoin after it gets flipped.
sr. member
Activity: 2800
Merit: 344
when lambo...
November 05, 2021, 10:28:14 AM
#8
I saw someone claiming that if ETH will do 2x, it can flip the BTC. Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.
I don't see how their market cap matters with the two BTC and ETH. Coz I believe that Bitcoin will become more valuable in the future more than what we see today.

Quote
However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.
We can't compare today in the future, not even in the past. May we have seen that ETH is flipping much these days but not sure in the coming days or it has a twist and BTC might be in pump.

Quote
Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
I invest in both of them coz I see and I know that they have market potentials. And I hold some of them coz I believe that they become more valuable someday and I guess, this is also the reason why many investors are spending more money with them.
sr. member
Activity: 1988
Merit: 283
November 05, 2021, 08:56:03 AM
#7
I saw someone claiming that if ETH will do 2x, it can flip the BTC. Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.

However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.

Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
of course holders will be excited because of the results of ethereum wherein a sign as well that there will be a good return afterwards.. Actually it's not surprising ethereum is more faster since this project always provide an update to the network unlike bitcoin wherein as is, i mean it depends on the growth rate compared to ethereum that someone fixing errors and making it more stronger than other crypto in the market.. So expect the market cap of ethereum will increase more in the future and can surpass bitcoin market cap.
hero member
Activity: 2814
Merit: 578
November 05, 2021, 05:36:02 AM
#6
I saw someone claiming that if ETH will do 2x, it can flip the BTC. Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.

However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.

Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
Even it goes 2x, it will never flip btc.

Guys, stop that mindset. It's not going to be healthy for you to keep thinking like that. We like both of it and ethereum will never get a glance of top 1.

It should even be worried with other chains that are under it because of continuous development.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
November 05, 2021, 05:11:49 AM
#5
Flip BTC in what way?
In percentage terms as seen on the coinmarketcap site, BNB is still ahead of ETH with the respective percentages of the coin currently being BNB 12% and ETH 5.5%.
This means that BNB has increased faster than ETH.
So far there has been no altcoin that can beat BTC and almost all the top altcoins are very influential on BTC.
In terms of the percentage increase in price everything won't be exactly the same, you can see a nearly 20% increase in BNB over the past week, but that's still not that great when you look at Ethereum's only 5% increase in price over the past week , but quantitatively the price difference is still very far away and this is still being held by Ethereum at this time.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
November 05, 2021, 04:49:49 AM
#4
Now the question is, why in which way, this is good for ETH holders?
When you're ethereum hodlers and your token can flip the top tokens and that means your capital will be also increasing a lot. This will be making your portfolios increased a lot. People are also interesting to see the the smartcontract platform to take the first spot and seeing how big impact that can be created by ethereum. This is the only good thing that can be got when ethereum was flipping bitcoin but I don't see any other reason other than it.
That being said that those ethereum hodlers will become the rich person as their money increased drastically.

I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
Some people were feeling interesting to see that if smartcontract platform to take over bitcoin. They wanna see the new tech to replace the old tech but we can't deny that if bitcoin has better blockchain than ethereum. I have been seeing ethereum community was also saying about this. The possibility for ethereum to replace ethereum will always there but none know when that will be happening. I think that the chance was so small for ethereum to replace bitcoin. Bitcoin still remain the best asset with fixed supply instead of ethereum with infinite supply.
member
Activity: 252
Merit: 10
November 04, 2021, 01:27:25 PM
#3
I saw someone claiming that if ETH will do 2x, it can flip the BTC. Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.

However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.

Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
Flip BTC in what way?
In percentage terms as seen on the coinmarketcap site, BNB is still ahead of ETH with the respective percentages of the coin currently being BNB 12% and ETH 5.5%.
This means that BNB has increased faster than ETH.
So far there has been no altcoin that can beat BTC and almost all the top altcoins are very influential on BTC. So, ETH can reverse BTC what do you mean?
legendary
Activity: 1666
Merit: 2204
Crypto Swap Exchange
November 04, 2021, 11:27:10 AM
#2
I saw someone claiming that if ETH will do 2x, it can flip the BTC.

Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.

It can probably go 2x from it's BTC price at best, which would take it to it's previous ATH of 0.14-0.16 Bitcoin. Though I'm doubting this as this a further correction seems necessary for when Bitcoin begins to go parabolic again. So I'm not convinced it'd break that in this cycle. It also still wouldn't quite put it in the lead based on market capitalizations and was a lot closer in the past...

Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?

People probably naively think that if Ethereum overtakes Bitcoin it put's it at around $60K+ or something dumb, not acknowledging the difference in circulating supply, that of ETH having 100+ million coins.

member
Activity: 139
Merit: 36
November 04, 2021, 10:34:43 AM
#1
I saw someone claiming that if ETH will do 2x, it can flip the BTC. Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.

However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.

Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
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