Can new crypto beat Eth in the market? - page 9.

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Quote from: bayu7adi on October 08, 2020, 11:28:42 AM

Quote from: CryptoTrip on October 08, 2020, 05:14:35 AM

ether is so firmly based in its place that its unlikely that something will be better, especially when layer 2 is developed to reduce commissions, because its high commissions that force you to use other cryptocurrencies

but other cryptocurrencies can't work like Ethereum and basically Ethereum is different from other cryptocurrencies which have the potential to take the 2nd position.
The high GAS is due to transaction overload which causes queues to be long, while the number of miners remains the same. It seems that this is easy for the team or developer to handle, I monitored it 1 month ago where Uniswap was the cause of expensive GAS. In the end, Vitalik made improvements to the network to significantly reduce GAS consumption in a short time. This means that if there is more time, then this will not be a big problem for those of us who use Ethereum in the long run

Actually, to date, the transaction price has already dropped significantly, but if the scalability problem is solved, then the commission on the Ethereum network will be even lower. But Vitalik Buterin also said that the scalability problem will not be solved in an instant, with one update, but the solution to the problem may take years. But if we talk about the question posed, then today there is no cryptocurrency on the cryptocurrency market at all, which could even theoretically surpass the capabilities of Ethereum in terms of functionality and popularity.

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Quote from: CryptoTrip on October 08, 2020, 05:14:35 AM

ether is so firmly based in its place that its unlikely that something will be better, especially when layer 2 is developed to reduce commissions, because its high commissions that force you to use other cryptocurrencies

but other cryptocurrencies can't work like Ethereum and basically Ethereum is different from other cryptocurrencies which have the potential to take the 2nd position.
The high GAS is due to transaction overload which causes queues to be long, while the number of miners remains the same. It seems that this is easy for the team or developer to handle, I monitored it 1 month ago where Uniswap was the cause of expensive GAS. In the end, Vitalik made improvements to the network to significantly reduce GAS consumption in a short time. This means that if there is more time, then this will not be a big problem for those of us who use Ethereum in the long run

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Quote from: ice098 on October 08, 2020, 09:30:46 AM

Quote from: ekeh on October 08, 2020, 09:06:29 AM

Crypto currency Coin are created in different potential function for a future function operation of cash flow as we all know that cryptocurrency is a digital assets, therefore the new coin creating can equal beat the price of the Ethereum in the market base on it prospect used and also the total supplies created.

Well i guess nothing is impossible if ever new risen token created has a good team behind the project and has a good digital asset offered. Every coin can be created much better as the old one token depends only if they saw that a previous token has something to improve with, and sometimes due to rivalry of new risen tokens trying to improve their project and wanted to offer something new and more profitable.

Yes, nothing is impossible and any digital currency can beat Ethereum or any other coin, and in fact nothing can replace Ethereum which is the best coin and number two after bitcoin.
and often this topic appears every year and in fact nothing has changed its position and there are only a few coins that compete but cannot change Ethereum's position.

bitcoin31

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For now I don't see any crypto coins even old or new coins who beat or higher value or even the rank of the ethereum.
Because last few years ago upto this now ether is powerful altcoins and it is qualified to beat bitcoin as number 1 or king of cryptocurrency someday and many people believe that ether will do that because there is a lot of people who like this coin.

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Quote from: ekeh on October 08, 2020, 09:06:29 AM

Crypto currency Coin are created in different potential function for a future function operation of cash flow as we all know that cryptocurrency is a digital assets, therefore the new coin creating can equal beat the price of the Ethereum in the market base on it prospect used and also the total supplies created.

Well i guess nothing is impossible if ever new risen token created has a good team behind the project and has a good digital asset offered. Every coin can be created much better as the old one token depends only if they saw that a previous token has something to improve with, and sometimes due to rivalry of new risen tokens trying to improve their project and wanted to offer something new and more profitable.

ekeh

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Crypto currency Coin are created in different potential function for a future function operation of cash flow as we all know that cryptocurrency is a digital assets, therefore the new coin creating can equal beat the price of the Ethereum in the market base on it prospect used and also the total supplies created.

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Quote from: CryptoTrip on October 08, 2020, 05:14:35 AM

ether is so firmly based in its place that its unlikely that something will be better, especially when layer 2 is developed to reduce commissions, because its high commissions that force you to use other cryptocurrencies

Is the layer 2 the POS/ETH 2.0?
If that's what you're saying, I agree that it will change a lot of things. And with what everyone's idea, that upgrade will even make Ethereum stronger.

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Quote from: aqib180 on August 24, 2020, 11:19:47 AM

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

Please never mentioned Yobit the Scammer in added to the exchange in which legitimate because that exchange is a known scammer and has so many victim claiming for their money yet no answers comes from that exchange.

about beating ETH as rank 2?Bitcoin Cash did break the rank 2 for several times and also Ripple does so basically Ethereum has been beaten in that said rank though the take over did not stay longer than we thought.

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Quote from: CryptoTrip on October 08, 2020, 05:14:35 AM

ether is so firmly based in its place that its unlikely that something will be better, especially when layer 2 is developed to reduce commissions, because its high commissions that force you to use other cryptocurrencies

Yes, that's absolutely true because the high commissions force everyone in crypto to switch to another cryptocurrency to reduce excessive gas costs this year, and so far I see this will only be temporary because when ether gas costs return to normal, everyone will put the ether platform back on.

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There are actually good projects already running on the market but what I can notice on these projects is that, they are good but they don't have the long term characteristic like what Ethereum has. Ethereum is surely going to be good in the long run since most of the projects rely on their smart contract. Meaning, if a project may become very good but is created in Etheruem blockchain, Ether is still gaining what it deserves there.

But for me, the only projects that could beat ethereum are those who have their own blockchain like Bitcoin and EOS. Those that could promise good returns in the long run.

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Yes, Ethereum was not in 2 position before among all the cryptocurrencies but recently ETH is now the 2 position in the areas of price value in the market. So anything can still happen another altcoin fit beat Ethereum in the market.
I think with some time another altcoin can beat Ethereum in the market. Many investors are complaining now that the gas fee of Ethereum is too high compared to other altcoin. Many investors are trying to invest with those new project they are hearing about that they are good for investment .

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ether is so firmly based in its place that its unlikely that something will be better, especially when layer 2 is developed to reduce commissions, because its high commissions that force you to use other cryptocurrencies

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Quote from: bustabitsboy on October 07, 2020, 09:37:57 PM

Yes, this can happen. At this time, many developers create coins, and can improve the new project by relying on previous successful experience. It all depends on the time. I think we will soon see a worthy competitor that will just surpass ETH in the market.

But new projects rely on the Ethereum network and that means they still recognize the greatness of the Ethereum network. They have a limited chance of being able to defeat Ethereum's current existence, it will take even longer to provide concrete evidence.
I am also sure that there will be competitors who will replace Ethereum's current presence, or maybe become a complement to Ethereum

TIDOVEE

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Ethereum rose up to supercede many other cryptocurrency, it wasn't number from the beginning as it increases in values it gained position, so, the same could happen to any other cryptocurrency the doesn't relent in improving, I'm sure so many blockchain and miners must have been using this period to work on improving their blocks, next year will reveal a lot.

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Yes, this can happen. At this time, many developers create coins, and can improve the new project by relying on previous successful experience. It all depends on the time. I think we will soon see a worthy competitor that will just surpass ETH in the market.

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I think its not because eth is the second highest crypto currency in crypo world and its not easy to replace the eth by the new crypto.

manfredmann

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Any cryptocurrency could beat ETH in thae current state. I do believe that there are growing currency in the likes of YFI to which its market price is higher than bitcoin. But it could be explain that due to their low supply YFI it would easily pump up this coin.

However, when it comes to bitcoin no coins for now could make an attempt in surpassing in terms of marketcap volume where more than 50% of the total goes to bitcoin. No wondet bcause bitcoin is the first digital currency that had been widely spread all over the world and has been use by making online paymnet or transaction and could also be use for money transfer.

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I dont really trust new altcoins right now. Because it usually going to worthless coin or fraud project. So i doubt if new altcoins can beat eth. Im not saying its impossible but the chance is really small. Lets see what happen in the near future.

There is a high risks investing into new altcoins these days. Actually, it’s already been discussed over again if there’s a crypto that can beat eth in the market. Although, a lot of coins pop up in this industry I can say eth is still heating up the market. Yes, the same the chance is small but let’s hope in the future any issues in eth will also resolve in the future.

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Quote from: poodle63 on October 07, 2020, 05:38:49 PM

Quote from: 3meek on September 26, 2020, 08:34:16 AM

If there is a project with the same number of projects on ETH Blockchain(now it is almost the whole CMC table) and solves the problems of the ETH network, it can certainly become more successful than ETH!

Actually if a crypto didnt have projects running on their blockchain at all they could still beat eth but their market cap need to be so big it surpass eth which is difficult considering ethereum even with all those projects that flows money to the whole eth blockchain still not even close to btc market cap. if there's any crypto beat eth that means the whole market cap of crypto market will increase significantly.

Until the next pump coinmarketcap couldn't increase to overcome Ethereum blockchain. Actually the market doesn't increase if Tether takes the second position, New blockchain can't be replaced by Ethereum blockchain. Almost every old new tokens supported Ethereum blockchain. As there Op think yobit exchange can't be a good exchange.

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Quote from: 3meek on September 26, 2020, 08:34:16 AM

If there is a project with the same number of projects on ETH Blockchain(now it is almost the whole CMC table) and solves the problems of the ETH network, it can certainly become more successful than ETH!

Actually if a crypto didnt have projects running on their blockchain at all they could still beat eth but their market cap need to be so big it surpass eth which is difficult considering ethereum even with all those projects that flows money to the whole eth blockchain still not even close to btc market cap. if there's any crypto beat eth that means the whole market cap of crypto market will increase significantly.

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