Topic: Can Ethereum Flip Bitcoin in Future? - page 5. (Read 928 times)

Burning program is a honeypot program.

Massive premined coins was intentionally done and years later, after realizing that with no cap, price will struggle to increase more, they launched their Honeypot Burn Program. This program style later was copied by Binance Smart Chain BNB token and many altcoin tokens but we witnessed how it failed with most altcoin projects.

Value of a project is not decided by Buy back and Burn program.

It has made many cryptocurrency investors millionaires in this community, because the team behind Ethereum are potential team and they are still working hard to make Ethereum the most powerful cryptocurrency in the market. There is positive impact from Ethereum compared to other cryptocurrencies in the market, because whenever the price of Ethereum is increasing in the market, other cryptocurrencies price will begin to increase also to allow their investors to achieve income from the market. Not all cryptocurrencies you can end up losing your funds, if truly you have the knowledge of cryptocurrency investment, because you will know the most popular cryptocurrency and the team behind it before investing your funds and it will be difficult for you to experience losses from that cryptocurrency investment. Base on what we have experienced from Bitcoin and Ethereum over some years now, I don't think Ethereum will overture Bitcoin in this community, because the team behind Bitcoin are still more stronger than Ethereum.

ETH also has burning mechanism which gonna help keeping the total supply from being too much but i haven't yet observed how much the burn each day compared to the total minted but I think ETH minted significantly more than the burned ETH amount making your statement true.



since there were so many fuds about Ethereum Foundation dumping hundred million dollars worth of ETH just for salary and some events, the situation with ETH looking quite bad, i'm sure the market cap will still below bitcoin and as the time goes and more eth minted, the price of ETH might go down.

He was talking about market cap, not the actual value.  Market cap is how you calculate a crypto's total worth - you take the number of coins out there and multiply by the price.  For Bitcoin there is a limit because the supply dont go up.  But Ethereum dont have a hard cap so in theory the market cap can keep climbing infinitely if if they keep minting new tokens and the price goes high enough. And  dont mean it will happen, but this doesnt mean that ETH will become more valuable than Bitcoin.

Even if Ethereum surpasses Bitcoin eventually in the (doubtful) "market cap" indicator, this doesn't mean anything because BTC and ETH are two different kinds of things.

Bitcoin's USPs are censorship resistance and decentralization. Ethereum doesn't provide neither of both in a convincing way: by a centralized decision, transactions were already censored (TheDAO) and the decentralization aspect is also doubtful if the premined coins (72 million) still make up more than 50% of the current supply of 120 million (see also this thread).

And no, the Bitcoin reorgs in 2010 and 2013 were not comparable to Buterin's action. They were legitimate reorganizations according to the protocol, while the ETH intervention after the TheDAO hack was an arbitrary protocol change.

Ethereum is still better than most of its competitors which are even more centralized (Solana, Tron etc.), but these kinds of altcoins should have their own ranking. They are not competition for BTC.

How has Ethereum had the biggest impact?  Is it the Scams?  Is it all the Shit Coins that still exist on it?  Is it the Centralization, the move to Proof of Stake?  Where is the impact?

I can not deny that it is a powerful Cryptocurrency but it had no positive impact on the Market other than that it brought a LOT of people to Cryptocurrencies.  But even this is not positive either, because most of them ended up losing their Life Savings or getting Scammed.

No, Ethereum will not overturn Bitcoin.

There's a saying that nothing is impossible when it come to price volatility of crypto currency. That's only true to some extent, I really doubt that Ethereum can be able surpass Bitcoin any day in the future, that will be impossible because Bitcoin is not a POS token Ethereum and apart from that, there are so many factors that is known to make Bitcoin keep surging high every bull market.

That sounds like a nice joke

Ethereum is just another centralized shitcoin and even without being a shitcoin, its unlimited supply ensures that it can never surpass the limited supply bitcoin ever. The inflation of ether guarantees that.

And what impact is that? Ethereum is still only used to create token scams. It has no real world utility whereas bitcoin is a payment system like it has always been.

Whenever someone makes this claim ask them to give you an example where they've made "decentralized internet". LOL
Ethereum is not even capable of doing that. All you can do is to create some tokens in that platform to scam others an make some money. It is not even decentralized to be able to build "decentralized internet" on top of it.

Is it on the same way ethereum has been woefully performing these days and yet to make it to a all time high be one of the reason to use for his future predict ahead of bitcoin, that is never going to be possible, we don't have to agree with what everyone is saying online, some could be misleading, the distance from where bitcoin is currently to where ethereum is cannot be quantify because its too much, this is just a dream that may never come to pass, the public should not be misguided, bitcoin will always remained the most preferred in terms of everything, even the entire altcoins does not quantify half of what bitcoin is.

The discussion is about market cap of Ethereum, and its potential flip against Bitcoin market cap.

Bitcoin market cap is $1,265,480,644,730 and Ethereum market cap is $332,124,429,174 according to data on Coinmarketcap [1]. These figures mean Ethereum price need to rise about 4 times than now to flip Bitcoin in market cap, if Bitcoin stays nearly the same. If Bitcoin price rises more, Ethereum will need to increase more than 400% than today price to flip Bitcoin in market cap.

It's possible for Ethereum because it's good to hype altcoin investors as a King of altcoins but if Ethereum makes it with market cap, it does not mean ETH is more valuable than Bitcoin.

[1] https://coinmarketcap.com/

I don't think that will be possible in future for Ethereum price to surpass bitcoin because it does not have any potential or problem that it solves and thay is what will ignite Etherum adoption to make the value increase. It is because of the problem that bitcoin is solving and its decentralized nature that is giving it more value and making its adoption to be increasing overtime.

Etherum is centralized and lost its potential after it was changed from PoW to PoS making it more of a shitcoin. Bitcoin is king amd will remain king because it cannot be controlled by anyone.

Nick Tomaino's got a point. Ethereum has some quite great promise. This is a flexible platform, a creative hub. Developers really enjoy it, and thats quite important.

Clearly said, though, Bitcoin is the king. Digital gold is what we mean. It has history, trust, and that first-mower advantage that is difficult to surpass. It resembles the best real estate available in the crypto world. Ethereum might be the new, shiny building going up next door, full of potential. But Bitcoin is the accepted landmark; everyone recognizes and trusts this one.

Ethereum's not a bad investment. It might very likely keep expanding, or even flourish. But dethroning Bitcoin is kinda impossible. People want consistency. What they know appeals to them. Natural human nature is what it is. And right now, Bitcoin is a symbol of stability in the crypto world. Its the safe haven, the asset people turn to when things get shaky.

No. That idea is laughable. The flippening gained popularity in 2017 when Ethereum surged to relevance and people thought it might create a whole global ecosystem of crypto apps. Didn't take long to realize the flippening had zero chance of ever happening. Honestly its crazy there are still people who think it'll happen.

Since 2017, it's been 7 years, and in that time Ethereum has gone through three fads that have all flopped hard, Ethereum became far more centralized and less secure with its change to PoS, the burning thing failed to contract supply since that required high congestion and users just use L2's now to avoid the ultra high fees on Ethereum, Ethereum's hoped-for high 6%+ staking rewards failed to materialize and instead settled at 2-3% which isn't that exciting for investors, ETFs launched and while TradFi and institutions are very interested in Bitcoin they have very LITTLE interest in Ethereum. And honestly it is unclear if Ethereum will even have another fad up its sleeve to give it a temporary huge pop in price like it got in 2017 and 2021.

At this point Ethereum is mostly just the graveyard where useless meme tokens die after some of them get their couple weeks in the spotlight.

Realistically the only direction the price of Ethereum is going against Bitcoin long term is down towards zero, like every single other cryptocurrency. Sure Ethereum will continue to increase in price, because it's the center of the Crypto world and people are gonna keep attempting to build projects on it, but its 2017-2021 heyday is gone and it'll no longer keep up with Bitcoin's price growth long term. In 20 years I wouldn't be surprised if Bitcoin has passed $1,000,000 (16x from here) while Ethereum is at like $30k (11x from here) or less. Ethereum is currently at 26% the market cap of Bitcoin, long term that'll probably drop to like 10%, going up to 100% is absurdly naive and impossible.

Bitcoin (blockchain Gen1) which only works for Peer to Peer Networks but is already trusted as a store of value like gold, then there is Ethereum (blockchain Gen2-3) where this blockchain has a smart contract feature so that we can embed transaction contracts in the form of program code, this is something revolutionary. The advantage of eth is smart contracts and their features because they are always updated and improved. The advantage of btc is its decentralization, because the system has never been changed since the beginning.

In all aspects if we compare the two, BTC is still far superior. Btc is still in first place. So my conclusion is, ETH will never be able to surpass BTC.

Well, that person loves ETH the most because he believes it is a possible thing to happen. Indeed, the market is unpredictable, but we can't deny the fact that ETH is just an altcoin following in the footsteps of bitcoin. If ever the price of bitcoin flips down, much more for ETH. 

Maybe if he says that ETH will reach $10k, I could agree with him, but saying it beats bitcoin won't gain support from me. Maybe it was not clear to him, OP, about the current situation, and ever since, ETH is still far from bitcoin. 
Bitcoin will still dominate the market even in the future, and ETH will remain second.

I think that, before answer to this question it should be more useful understand the difference between the two coins.
Once you realize the difference between... you will understand that unless some "external help" (like a government that issue a fixed price for conversion) it would be close to impossible that eth can flip btc.

no eth is just another shitcoin, everything that other coin have, can be implemented in bitcoin, we don't actually need any of them

I did not know about this man Nick Tomanio. My search goes to
https://x.com/ItsBitcoinWorld/status/1827197679639933370


Marketcap, he meant so if the news is accurate.

About market cap of altcoins, you need to read this one.

• Bitcoin vs. Altcoins – projected Marketcap
• Don't believe in altcoin market caps. Like if Pepe suddenly has 10x or 100x, will that shit token becomes better than Ethereum? Nope

Folks has been expecting this statement for a very long time now but truth remains that it's an imagination that wouldn't be possible.

Even though nothing might seem impossible in the market but it well thought of ETH only even makes it's positive movements when bitcoin increases in price meaning it seems to be attached to bitcoin price movement, how then do you think it can flip bitcoin anytime?

That scenario will only happen if all bitcoin holders will decide to dump their BTC then think about put their money in ETH, But this scenario is hard to happen. Bitcoin already built a solid foundation which any coin or either those old solid ones would provably hard to break.

This discussion has been tackled up for many times but those assumptions didn't happen. We see bitcoin experience a long bearish streak, but nothing happen and no coin surpass it. It also means that if bitcoin price fall the confidence of people to the whole crypto  will fade out because for sure they afraid that what happen to bitcoin might also happen to other one. That's why when we see bitcoin price rise again and have good recovery every coins and tokens in the market is doing great movements again.