ETH could take over. - page 4. | Bitcointalksearch.org

Nrcewker

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

Recent info about Ethereum has brought up many questions and worries among many people and it’s obvious for the questions.
But as already said before, ETH cannot takedown BTC, no matter what the situation becomes. But not possible in the next 10 years. I mean I am not saying this from thin air, the numbers does. Comparing BTC and ETH’s marketcap we can easily see that ETH has to cover a long distance in order to take over.
Also the recent charts shows that how ETH still follows the path of Bitcoins. So it’s clearly impossible to take over.

diminizio

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I believe it's because ethereum is almost the equivalent of trust value in investing, so some people make comparisons between bitcoin and ethereum. but i guess it doesn't matter, even if ethereum becomes number 1 it will be new in cryptocurrency world. In fact, in some ways I see ethereum seems to have more utility than bitcoin.

Ozero

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If this is true then why did Ethereum loses its value today? Decouple my 👣, Ethereum is now down to 1600+ per coin and you are saying Ethereum is capable of decoupling? BTC is still the king and Ethereum can't do shit on its own.

Most likely, this can only happen if the capitalization of ethereum grows as a percentage of bitcoin. So far, nothing has changed in this regard. Now the capitalization of bitcoin is 40.4 percent, and ethereum is 19.5 percent. This has been the case in recent years as well. Therefore, I do not yet expect that ethereum will be price independent from bitcoin. Let's see how the end of the ethereum network upgrade will affect all these parameters, including price and capitalization. That's when we'll see.

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

I don't know where did you see this ETH decoupling BTC, but from what I saw on Coinmarketcap, the marketcap gap between BTC and ETH hasn't change significantly. I don't say that it's impossible for ETH to take over BTC, but it will not happened in near future, the Bitcoin adoption is far ahead ETH and ETH price is still depend on BTC price.

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it should have happened. in ethereum utility always in front , it is king coin as utility coin. but until whenever no one can beat bitcoin in the community, the cryptocurrency community has always believed bitcoin is the main coin, therefore bitcoin has a bright future for them.

inanilujimi

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I personally believe anything can happen in the crypto market, but for now it's still not strong enough in my opinion that ETH can take over the market, although there is now an update on POS.
Bitcoin is still a solid leader in its place.

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

I think whole market depends on top coin or leader project which is bitcoin. Yes eth is a good contender for that but its a lot difference in terms of marketcap. With the upcoming changes on eth, we still unsure what would happened if the institutions are gonna put their trust on eth or pick another player replacement for that. Theres a lot of L1 rivaling eth on tecgnology, who knows which one will stanf out and tie on its position.

Yaunfitda

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So sorry, but there wil be no decoupling that is going to happen with Bitcoin and Ethereum. All the altcoin are moving in synch with Bitcoin, there is no question about it. As to why, the very obvious answer is crypto trading is based on the price of BTC.

Of course, Ethereum is an independent asset, has it's own supporter from this community, they still have to follow the king of cryptocurrency whether they like it or not. Maybe some pattern will show the Ethereum moves by it's own, but in the end, most of the time their relationships exist.

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

Nothing special happens in such scenarios. If Eth picks up pace then the entire market will start moving upwards including bitcoin. ethereum was never coupled to btc, they are seperate and they have their own market even if the trading pair exists. On what basis are you making this statement anyway?

Of course the altcoins would also go up but don't take it for granted that eth going up means every dead altcoin will be profiting. They may crash before you get the chance to sell.

If eth is getting institutional attention good for its holders. Don't think that has anything to do with it taking over or below.

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

I think ETH can still hold on and keep up with the movement of BTC and even ETH seems to be able to go up again.
And when the price of bitcoin rises again, ETH can follow BTC and increase as well as other coins.
But maybe, for now, the price of ETH has not been too high because the price of BTC has also not been able to rise high.
But for future price increases, there is still a possibility that the price of ETH will increase again and I think the price of ETH can exceed yesterday's high.
So if you want to buy ETH now, I think it still provides an opportunity to make big profits later.

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Bitcoin was going back to the 23k and ethereum was also doing the same like going back again to the 1700. So what's the difference? i can't even see where was aspect that makes you think ethereum already decoupled bitcoin. it's not even happening right now.
Try to realize the fact if leaving from bitcoin is the most difficult thing that can be done by altcoin. Ethereum is different compared with binance that has active business that can always generate profit for its development and expansion.
Ethereum was a non profit organization. Bitcoin is still dominating everything now. It seems you are wrong.

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

The journey of Ethereum is as good as Bitcoin. Bitcoin is the king of Cryptocurrency, while Ethereum is the king of altcpins
Although there are so many new coins competing Ethereum, in fact, none can really defeat.
But if it is about defeating Bitcoin or changing the focus on Ethereum in the market, this may be probably. But, Bitcoin will still become the major factor of tje crypto market, with its up and down will really influence the market condition. Altcoins will still depend on Bitcoin. So doea the Ethereum.

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these big coins like eth, bnb and soon are still quite literally under the influence of btc so far.
their charts looks the same and the trend are still following btcs in general so i'm sure that even in the future they're still gonna follow btc trend.
moreover the big institutional investments flowing in btc instead of these coins like eth and bnb, until this days the big fund management companies are still prioritizing investing in btc than the other like eth and bnb because they think btc is definitely good choice than the others meaning that these coins will hardly take over the capitalization of btc in the future.

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

For ranking top 2 on the list it doesn't mean that it will decoupling bitcoin since at this point many people still trust bitcoin and if you talk about crypto bitcoin first will be in minds of all people. So may be Ethereum will struggle or find hard ways to over power bitcoin because if this coin dump all of the coins including ethereum will dump to so we cannot see this one happening although Ethereum is best alternative next to bitcoin.

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

BTC will still be dominant, and even if ETH is the king of altcoins this is still not the basis of the trend because Bitcoin is still where most of the altcoins depends. ETH can’t take over the market though it follows the trend of Bitcoin about the recovery but I think its not enough, ETH needs to update as well so the investors will stay with this using their network, there’s a lot of problem with their network that needs to be fixed.

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Quote from: FlamingFingers on August 09, 2022, 11:31:44 AM

Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

Ethereum will always follow bitcoin at the back, bitcoin is the king of the cryptocurrency space, no coin can take over bitcoin. Ethereum cannot decouple from bitcoin, no matter how great it become in future, all cryptocurrency will continue to do whatever bitcoin wants them to do, bitcoin dictates when the bull and bear season will be, no other altcoins can

Until whenever Ethereum will always follow Bitcoin, it is impossible for Ethereum to decoupling from Bitcoin, let alone to replace Bitcoin is
impossible to happen. Because after all Bitcoin is the first coin in the crypto market, so all altcoins will follow the movement of Bitcoin.
If we find altcoins that do not follow Bitcoin, it means that the altcoins are manipulating and even then the manipulation is only temporary.
No matter how many institutions start investing in Ethereum, Ethereum will not replace Bitcoin. In fact, not only Ethereum, many projects
have been created to replace Bitcoin, but they all ended in failure. Bitcoin to this day is still the best crypto and Bitcoin still dominates the market.
So don't expect too high Ethereum will replace Bitcoin, because it will never happen. As you said Bitcoin is the king of the crypto, so it will always
dominate the market and Bitcoin is irreplaceable.

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

Altcoins power of acceleration is dependable to Bitcoin acceleration. Because it's Bitcoin that possessed it power of moving round the corner of increment. From my definition of altcoins, it's seems like bitcoin subordinate indecencies that Bitcoin is the first in cryptocurrency that is been introduced and any other one's is following the full steps of cryptocurrency to gain its propagation. So in summary Ethereum is under the class of altcoins and theirs no time it so well than Bitcoin

S3300

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Even if Ethereum turn 20,000$ per one its bullish momentum will still depend entirely on Bitcoin, it's that simple, we need to stop thinking that a coin can replace Bitcoin or a new smart contract can replace Ethereum, it's never going to happen.

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC?

No, I've seen some that said it before.

Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

Nothing.
Bitcoin will remain as the top and stop all of these thinking that bitcoin will be replaced even by ETH. They're conquering both markets and that's already enough to look at.
People always intend to think about switching bitcoin over the past years and it's not yet stopping. I don't know what makes you think that it will. I'm holder of both but understands the dominance of bitcoin.

TheGreatPython

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Quote from: 5W-KILO on August 09, 2022, 09:16:13 AM

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

Decoupling or separating? But the two don't have a special relationship. It's just btc is known to control every crypto, that's it. Maybe you mean is the price of eth is slowly increasing, leaving btc behind? Well that's fine and we are happy for it. I think this because of the upcoming updates on eth. Btc can still catch up soon and it can leave eth behind once bull run returns.

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Ethereum becomes a better target for institutional then it is finished,

On this part, im not sure if you mean they will invest on eth and prioritize it over btc or you mean they will put restrictions over btc? But either of the two, it is still fine. Like I said earlier. Btc can still catch up no matter what and if ever they put restrictions with eth, we stil have a btc. Also I don't think the restrictions will be permanent, same with that they did with btc before.

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