Can Eth flip BTC and why this is good?

Wawa2013

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Quote from: Fivestar4everMVP on November 09, 2021, 02:10:54 PM

Anyone hoping or thinking ether can flip bitcoin to become the number crypto coin in terms of market cap is on a long thing, not saying its impossible but this have a very very low chance of ever happening now and even in the long term.
This is majorly because bitcoin still have the highest, over 40 percent of the entire crypto market capitalization dominance, which means bitcoin still controls the entire market in some ways, as ether goes up, bitcoin is also going up, ether has a higher chance of flipping bitcoin if bitcoin's market dominance comes down to atleast 20 percent.

Like you said the chances of Ethereum to flip Bitcoin are very low, especially with Bitcoin still dominating the market, it is almost impossible for
Ethereum to flip Bitcoin. But anything can happens, of course the Ethereum holders will benefit if Ethereum manages to flip Bitcoin,
but in my personal opinion it is impossible, even in the long term. I feel Bitcoin is too strong to beat, even besides Ethereum there have been
many other projects that were created to beat Bitcoin, but none of the projects beat Bitcoin. After all, Bitcoin dominates the market for more than
a decade, it has proven how Bitcoin is indeed very strong and has always been the number one choice for most investors.

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Anyone hoping or thinking ether can flip bitcoin to become the number crypto coin in terms of market cap is on a long thing, not saying its impossible but this have a very very low chance of ever happening now and even in the long term.
This is majorly because bitcoin still have the highest, over 40 percent of the entire crypto market capitalization dominance, which means bitcoin still controls the entire market in some ways, as ether goes up, bitcoin is also going up, ether has a higher chance of flipping bitcoin if bitcoin's market dominance comes down to atleast 20 percent.

Jose Mourinho

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When Bitcoin goes up etherem always follows its movement, so it's unlikely that ETH will experience bitcoin flipping, although sometimes etherem goes up when btc goes down, but the value is not too big and won't last long, many Ethereum Holders hope that ETH can surpass BTC, but this this will never happen because the price difference between BTC and ETH is very far, besides that there is a lot of etherem supply in circulation compared to BTC,

darmin

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Ethereum has now created a version that focuses on reducing bad transactions by creating 64 blockchains. This is a good capital for ethereum as one of the big coins on the latest web version later even surpassing bitcoin. This is a good capital for ethereum to be able to reverse bitcoin in the next decade.

19Nov16

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Seeing the current potential of course it is easy for ETH to flip BTC, with the support of hundreds of large projects that require transaction fees from ETH it will make the use of ETH continue to increase and I'm sure one day I can flip BTC and the current fact is distance market cap is only about 40%. Of course this is a good thing because it will make the market more excited than btc which is already boring.

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Quote from: bitcon on November 08, 2021, 04:19:58 PM

Actually, altcoins always grow faster than Bitcoin, but they also fall faster than the first currency. What is more, the bigger market cap is, the harder it is to raise the price, so it is harder to pump bitcoin than low market cap altcoins.

while they are growing or falling faster yet their increase does not enough to call flipping Bitcoin and that means it is irrelevant to the thread what you are pointing here because the question indeed about Ethereum Flipping Bitcoin .

Quote

Ethereum holders want it to overtake Bitcoin as this way they will get additional profit.
I consider that Ethereum deserves it as defi-projects on it give a real utility to the crypto industry and businesses. Roll Eyes

lol ALl altcoin holders wanted their coin to overtake Bitcoin for more than 11 years we have seen thousand of coins/tokens claimed this can happen but suddenly they are all failed.

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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?

Ethereum or ETH is experiencing an increase because there is a nice boost factor happening to Bitcoin. When Bitcoin experienced an increase of 1.14% while Ethereum rose 9.27% then we can't say that there is a possibility that ETH can reverse BTC. Because behind the percent has another value that is not visible in my opinion.

bitcon

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Actually, altcoins always grow faster than Bitcoin, but they also fall faster than the first currency. What is more, the bigger market cap is, the harder it is to raise the price, so it is harder to pump bitcoin than low market cap altcoins.
Ethereum holders want it to overtake Bitcoin as this way they will get additional profit.
I consider that Ethereum deserves it as defi-projects on it give a real utility to the crypto industry and businesses. Roll Eyes

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Quote from: Sirait on November 08, 2021, 03:08:01 PM

I don't agree with you, I don't see ethereum will be able to flip bitcoin anytime. Ethereum market capitalization is very influential on bitcoin, when the price of bitcoin goes up, the market capitalization also increases. ethereum will definitely hit $10k (in the next few years) but bitcoin will definitely hit $100k too and that automatically makes bitcoin market cap bigger.

Note that Bitcoin's greatest strength is popularity. But people all over the world are constantly educating themselves about cryptocurrencies. Ethereum has many more useful things (like smart contracts) and is growing all the time. When Ethereum 2.0 and PoS are introduced, the situation may change dramatically. If there is a sudden bubble on Etereum, it can jump over Bitcoin capitalization in several months.

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Quote from: Erdogan on November 08, 2021, 02:47:44 PM

Quote from: coco23 on November 08, 2021, 02:26:21 PM

Quote from: Doell on November 08, 2021, 12:56:36 PM

price rise more on ethereum in the last 7 days ,does't mean can flip bitcoin in price and capitalization ! good for holders yes because in the long term the price will rise high but still will not be able to flip bitcoin in the present or future ,regarding the price an cap of bitcoin will always be a leader

Yea, price movement over 7 days is no indication for the future. However, I think ETH is able to overtake BTC in the long run. I don't think this will de-value BTC in any way, it will remain the first crypto and also the most de-centralized one. Also ETH will have to measure with other emerging smart contract platforms like SOL in the long run.

The fact that the price of Ethereum is growing faster than the price of Bitcoin can be observed not only in the last days, but also in recent months. Coinmarketcap positions coins not in terms of price but in terms of size of market capitalization. So we shouldn't just look at the price. Etherum capitalization is growing very fast and if not in the next few months I think in 2-3 years it will be possible to flip BTC.

I don't agree with you, I don't see ethereum will be able to flip bitcoin anytime. Ethereum market capitalization is very influential on bitcoin, when the price of bitcoin goes up, the market capitalization also increases. ethereum will definitely hit $10k (in the next few years) but bitcoin will definitely hit $100k too and that automatically makes bitcoin market cap bigger.

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Quote from: coco23 on November 08, 2021, 02:26:21 PM

Quote from: Doell on November 08, 2021, 12:56:36 PM

price rise more on ethereum in the last 7 days ,does't mean can flip bitcoin in price and capitalization ! good for holders yes because in the long term the price will rise high but still will not be able to flip bitcoin in the present or future ,regarding the price an cap of bitcoin will always be a leader

Yea, price movement over 7 days is no indication for the future. However, I think ETH is able to overtake BTC in the long run. I don't think this will de-value BTC in any way, it will remain the first crypto and also the most de-centralized one. Also ETH will have to measure with other emerging smart contract platforms like SOL in the long run.

Competition also needs to take place. Flipping Bitcoin is every projects ambitions but the closer coin that currently moving is ETH,
I don't see any possibilities that ETH will be able to do that but we are inside crypto and there's no limitation, once there are big waves of
whales to invest with ETH.

Even it's unlimited, the money that will flow gives this coin a chance to overthrown Bitcoin, "if and that's only if"

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Quote from: coco23 on November 08, 2021, 02:26:21 PM

Quote from: Doell on November 08, 2021, 12:56:36 PM

price rise more on ethereum in the last 7 days ,does't mean can flip bitcoin in price and capitalization ! good for holders yes because in the long term the price will rise high but still will not be able to flip bitcoin in the present or future ,regarding the price an cap of bitcoin will always be a leader

Yea, price movement over 7 days is no indication for the future. However, I think ETH is able to overtake BTC in the long run. I don't think this will de-value BTC in any way, it will remain the first crypto and also the most de-centralized one. Also ETH will have to measure with other emerging smart contract platforms like SOL in the long run.

The fact that the price of Ethereum is growing faster than the price of Bitcoin can be observed not only in the last days, but also in recent months. Coinmarketcap positions coins not in terms of price but in terms of size of market capitalization. So we shouldn't just look at the price. Etherum capitalization is growing very fast and if not in the next few months I think in 2-3 years it will be possible to flip BTC.

coco23

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Quote from: Doell on November 08, 2021, 12:56:36 PM

price rise more on ethereum in the last 7 days ,does't mean can flip bitcoin in price and capitalization ! good for holders yes because in the long term the price will rise high but still will not be able to flip bitcoin in the present or future ,regarding the price an cap of bitcoin will always be a leader

Yea, price movement over 7 days is no indication for the future. However, I think ETH is able to overtake BTC in the long run. I don't think this will de-value BTC in any way, it will remain the first crypto and also the most de-centralized one. Also ETH will have to measure with other emerging smart contract platforms like SOL in the long run.

YinShuiSiYuan

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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?

If Bitcoin stood still, Ethereum might have a chance to jump over in the coming months. So theoretically there is such a possibility. However, there is probably no doubt that if the bull run starts, the price of Bitcoin will go up first, and after price of Ethereum. So ETH will just chase BTC.

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Quote from: ivankoh on November 08, 2021, 11:24:18 AM

I think no, ETH could be a good thing, except for the ability to surpass bitcoin, it won't resist very serious purported effects on outside black/white conspiracies. Only bitcoin can achieve that. A real power for the market leader - the king. Of course, bitcoin is doing fine as it should, and any price near 100k - 200k reflects that fact.

bitcoin to 200k takes quite a while to reach that target, the end of this year do not have high expectations for me 100k is very extraordinary and even then sometimes it is only temporary and does not last long. what often happens is that large pumps that often happen will be wasted, because there many people will sell on a large scale...?

Doell

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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?

price rise more on ethereum in the last 7 days ,does't mean can flip bitcoin in price and capitalization ! good for holders yes because in the long term the price will rise high but still will not be able to flip bitcoin in the present or future ,regarding the price an cap of bitcoin will always be a leader

ivankoh

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I think no, ETH could be a good thing, except for the ability to surpass bitcoin, it won't resist very serious purported effects on outside black/white conspiracies. Only bitcoin can achieve that. A real power for the market leader - the king. Of course, bitcoin is doing fine as it should, and any price near 100k - 200k reflects that fact.

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Currently the ethereum ecosystem is already very large and NFT and defi are supporting it
but I don't see ethereum will be able to shift the dominance and position of bitcoin as the king of crypto

ethereum still has many shortcomings everywhere, that's one of the reasons why it won't be able to shift bitcoin

besides that ethereum will not be able to slide other altcoins

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Quote from: Google+ on November 08, 2021, 01:49:26 AM

Quote from: 2girls on November 07, 2021, 11:26:59 AM

In this issue my answer is that both coins are best but it not easy we can say that ETH flip BTC because anyone easily see that BTC is very strong in this time of ETH everyone use and love of BTC so BTC is very best so this is absolutely rong ETH flip BTC.

Actually, the impossible doesn't need to be discussed, because BTC and ETH have been in the cryptocurrency line for a long time, and from the past until now ETH has not been able to beat BTC even though that is the main goal of all coins, but what needs to be considered by ETH now is against other coins besides BTC.

There have been many altcoins created to beat Bitcoin and to this day none have succeeded. Including Ethereum since its creation until now it has not
been able to beat Bitcoin, but at least Ethereum is still the best altcoins. You are absolutely right, rather than Ethereum thinking about beating Bitcoin,
it's better if Ethereum is worried about other coins trying to beat Ethereum. Now the performance of BNB is starting to show a significant development,
so Ethereum must immediately solve the problem related to high gas fees, so that BNB does not have a chance to beat Ethereum. Because
Bitcoin somehow always dominates the market and for now it is impossible for Ethereum to beat Bitcoin.

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Quote from: 2girls on November 07, 2021, 11:26:59 AM

In this issue my answer is that both coins are best but it not easy we can say that ETH flip BTC because anyone easily see that BTC is very strong in this time of ETH everyone use and love of BTC so BTC is very best so this is absolutely rong ETH flip BTC.

Actually, the impossible doesn't need to be discussed, because BTC and ETH have been in the cryptocurrency line for a long time, and from the past until now ETH has not been able to beat BTC even though that is the main goal of all coins, but what needs to be considered by ETH now is against other coins besides BTC.

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Most retail people and TikTokers these days, when they enter crypto they don't invest in Bitcoin or even Ethereum. They want to 100x their money so what they do is they want to buy NFTs and flip them or they want to buy some low cap DeFI coins to get that nice 10-100x gain instead of buying bitcoin where the most they can earn is what? Maybe 20-50% profit?

So to flip NFTs or deal with low cap DeFI trading you will need Ethereum, hence why the demand for ETH goes up. So the price goes up. With Bitcoin its different. There are no NFTs or DeFI on the bitcoin blockchain so nobody is buying it. Plus its way too expensive. Way better buying a $0.0000001 low cap coin which can go 1000x rather than bitcoin which is already very expensive.

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Quote from: 7788bitcoin on November 07, 2021, 05:56:45 PM

Quote from: dark1234 on November 07, 2021, 05:05:31 PM

until now ETH is still in its choreograph and snagging BiTCOIN is impossible.... because in terms of blockchain and the amount in circulation is very different. bitcoin will probably remain number 1 in terms of value, transactions and holders in this digital world... . which may happen in the future eth will be taken by bnb's position as one of its rivals in the current network

The question everyone should be having is that whether any other project will flip Ethereum in the long run simply because everyone using the project are tired of the high transaction fees. BNB and other chains are getting popular and i wont be surprised if users starts avoiding ETH if they do not sort out the network issues.

Maybe, that's one possible scenario if people got tired of waiting about the reduction of gas fees. However, it seems the sentiments of the community is the opposite as eth is continuously going up. So they are hoping that one day, eth team will decide to rectify their long-running issue with gas fees.
But surpassing BTC, I don't think it will happen in the years to come. BTC has established its position and large population of crypto users will prefer btc over eth. Though they have different usage in this market, but btc is still deemed popular among all these cryptocurrencies.

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Quote from: dark1234 on November 07, 2021, 05:05:31 PM

until now ETH is still in its choreograph and snagging BiTCOIN is impossible.... because in terms of blockchain and the amount in circulation is very different. bitcoin will probably remain number 1 in terms of value, transactions and holders in this digital world... . which may happen in the future eth will be taken by bnb's position as one of its rivals in the current network

The question everyone should be having is that whether any other project will flip Ethereum in the long run simply because everyone using the project are tired of the high transaction fees. BNB and other chains are getting popular and i wont be surprised if users starts avoiding ETH if they do not sort out the network issues.

dark1234

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until now ETH is still in its choreograph and snagging BiTCOIN is impossible.... because in terms of blockchain and the amount in circulation is very different. bitcoin will probably remain number 1 in terms of value, transactions and holders in this digital world... . which may happen in the future eth will be taken by bnb's position as one of its rivals in the current network

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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?

Surely those excited people are traders.

Eth holders, or any other token holder, will be happy see his holdings going higher, including btc holders who won't surely be infected by the Ethereum flip (if any).

But for the long term run, i think it's not a realistic expectation as it's yet based on the charts made in a certain time. For the simple reason that Eth situation is more fluctuated than bitcoin by all terms.

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In this issue my answer is that both coins are best but it not easy we can say that ETH flip BTC because anyone easily see that BTC is very strong in this time of ETH everyone use and love of BTC so BTC is very best so this is absolutely rong ETH flip BTC.

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

~
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?

ethereum holders will only enjoy the price increase that occurs from ethereum, while for bitcoin reversal, I don't think ethereum will be able to do that. In fact, when you look at the percentage increase in price, maybe the price of bitcoin has increased not so high, but in fact the price of bitcoin is very high. even a few percent increase, it will have a very large effect on the price.
other than that, for now, I'm pretty sure that ethereum also continues to depend on bitcoin. if the price of bitcoin falls, the price of ethereum could fall even more than bitcoin. no matter how passionate people are about ethereum, I'm still pretty sure that it won't replace bitcoin with ethereum.

Sweetbtc

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Bitcoin has touched All time High and now investor are feeling little but fear that they are buying Bitcoin at high prices.
Eth prices increases because its Upgrade is coming. Also as we know Eth is smart contract and when any coin success in goal and make attention so this have Direct effect on price of Etherium.
Bitcoin is launching its Upgrade and trying to create smart contract which can be Huge for bitcoin. If true very hard fir Etherium to flip Btc then.

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Quote from: Wahyuihib on November 06, 2021, 11:17:47 AM

Vilosically, btc was created earlier than et. but if you look at the increasing progress that has occurred, eth is indeed showing greater progress than btc. ~

What kind of progress we are talking about here? Market cap? Value? Or mass adoptions of both?

Quote from: Wahyuihib on November 06, 2021, 11:17:47 AM

~ it all happened because most of the people use eth as their daily transaction tool

Not too sure about that, with the rising fees of ethreum networks these days I bet lots of people have avoided using ethereum networks as daily transactions particularly for small players who couldn't bear with how fluctuates of its fees.

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Quote from: michellee on November 06, 2021, 07:48:51 AM

If that is about the percentage, ETH can rise more than BTC but I doubt that ETH can beat BTC price as BTC price now is $60k while ETH is at $4,3xx. The ETH holders can sell their ETH at the high peak to take their money from the investment and buyback ETH at a low price.

But when BTC prices drop, ETH prices will also drop as BTX is the leader in the crypto market. So ETH will behind on BTC but BTC and ETH is the best investment for us.

I believe it is the ranking based on marketcap that he is talking about. The reality is that ETH did get close, not right there but it did get close and I can assume why people think that it is possible to do something like that. However reality is that even if it gets close that doesn't mean that we are going to see it flipped.

Plus, it is not really a good thing, I am fearing that if BTC ever loses the top spot, it may come crashing down, the whole deal of bitcoin is the fact that it is at the top, otherwise neither the blockchain nor the idea is good enough now that everything else improved so much, hell even SOL has better blockchain than ETH right now and yet it is lower. So, it is only about being listed at the top so far, and if it loses that perk then it may actually end up going lower and lower and we may not be able to stop it, which will in return hurt the crypto market.

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Quote from: Wahyuihib on November 06, 2021, 11:17:47 AM

Vilosically, btc was created earlier than et. but if you look at the increasing progress that has occurred, eth is indeed showing greater progress than btc. it all happened because most of the people use eth as their daily transaction tool

Are you sure about what you are saying ? because if you know when BTC was discovered and know how many times it has increased in price, then you wouldn't say this because overall BTC has increased more than ETH which even still depends on BTC at all times.

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Quote from: Google+ on November 06, 2021, 12:34:33 AM

Quote from: livingfree on November 05, 2021, 04:36:02 AM

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.

It will never happen for sure.

Quote from: Google+ on November 06, 2021, 12:34:33 AM

Quote from: livingfree on November 05, 2021, 04:36:02 AM

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 won't overtake bitcoin and what's more plausible is to be overtaken by another altcoin on its 2nd spot.

Quote from: Google+ on November 06, 2021, 12:34:33 AM

Quote from: livingfree on November 05, 2021, 04:36:02 AM

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.

Yeah, it is what I'm saying that it could be replaced by another project that also thrives to make it better.

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Vilosically, btc was created earlier than et. but if you look at the increasing progress that has occurred, eth is indeed showing greater progress than btc. it all happened because most of the people use eth as their daily transaction tool

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If that is about the percentage, ETH can rise more than BTC but I doubt that ETH can beat BTC price as BTC price now is $60k while ETH is at $4,3xx. The ETH holders can sell their ETH at the high peak to take their money from the investment and buyback ETH at a low price.

But when BTC prices drop, ETH prices will also drop as BTX is the leader in the crypto market. So ETH will behind on BTC but BTC and ETH is the best investment for us.

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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?

No way. That speculation was only based on the current happenings but on the long-term, it will be hard for ETH to flip BTC. While ETH is climbing up the floor, BTC will also do the same. The one you need to expect for ETH is the possible more price increase in the future.

That's what matters compare to a target that it will flip BTC someday.

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Quote from: Google+ on November 06, 2021, 12:34:33 AM

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.

and how about solana and cardano?
maybe ETH is the pioneer which introduce smart contract in this cryptocurrency space and bitcoin is the pioneer of cryptocurrency its self.
but someday its still possible that ETH can beat Bitcoin even another altcoin can beat Bitcoin.
we still dont know the future, anything can happen but now we still need history to validate which crypto has survival capacity.
bitcoin 12 years +
ethereum 6 years +
BNB 3 years ++
cardano 3 years ++
and 99% altcoin has short life

GreatArkansas

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Ok. Another topic for flippening.

I can share with you guys this website: https://www.blockchaincenter.net/flippening/, which shows different data of flippening of Ethereum to Bitcoin..

If you take a look, there are some parts that Ethereum already flipped Bitcoin, especially the transactions count which Ethereum already made the flip. About the market cap which is a major one, it's still 46%.

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Quote from: TheMimic1 on November 06, 2021, 01:45:56 AM

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.

ETH is already at a new ATH price this year and will continue to experience even better improvements in the next year, but to take Bitcoin's position is not a good target because it is just a dream that ETH will not come true, because what ETH has to fight against is not Bitcoin, but the competitors that are under it now, because they are also making better developments so that they continue to get a good response from investors.

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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.

Multiplying ETH won't enough to flip Bitcoin but at least this will get closer .(Anyway I will never believe this will happen , Not this soon)

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.

Then why not observe the week before? when bitcoin increased by 8% and ethereum remains lowered?

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 don't know with you , but me? i never get to believe in what you are saying lol.

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ETH already has tough and many competitors, although they have not been able to replace ETH in their current position but in general they are the opponents of ETH in the future and for BTC nothing will be able to interfere with its current position because BTC movements are also often followed by others including ETH in general.

I can say with certainty that if today BTC price falls from 60k to 50k all alt coins including ETH will fall back also. The volatility seen in ETH and other top altcoins is because volatility in BTC. We need to understand that crypto mart is solely dependent on bitcoin. No coin has the capacity nor capability to move on its own. I don't think ETH or any other coin can flip btc, atleast in next 4 to 5 years.
These are just my few satoshis.

BitKongy

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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

TheMimic1

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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.

pealr12

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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.

Google+

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Quote from: livingfree on November 05, 2021, 04:36:02 AM

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.

Quote from: livingfree on November 05, 2021, 04:36:02 AM

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.

Quote from: livingfree on November 05, 2021, 04:36:02 AM

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.

adaseb

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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.

o48o

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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.

Kelvinid

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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.

Ararbermas

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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.

livingfree

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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.

Bonenx14

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Quote from: darahjuang on November 04, 2021, 12:27:25 PM

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.

asriloni

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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.

Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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.

darahjuang

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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?

dragonvslinux

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Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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...

Quote from: a298b112 on November 04, 2021, 09:34:43 AM

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.

a298b112

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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?

Topic: Can Eth flip BTC and why this is good? (Read 407 times)