Topic: Eth could take over BTC or not - page 4. (Read 1116 times)
The top two coins that have a very strong community, especially in Bitcoin the world's first digital currency, have large investors around the world, to the point that Bitcoin cannot be compared to ETH, the two are indeed a compatible pair in the Crypto world and even cannot be separated, both have advantages in their fields, and in my opinion ETH will not be able to take over Bitcoin as the king of all Crypto currencies.
In my own understanding I don't think so if Ethereum price can overtake Bitcoin price because we all know how far the lead of bitcoin price and also ETH price is depending on bitcoins price because when the price of bitcoin will rise then ETH will also rise and of fall or down then ETH price will down also .and also the price will based on proof of stake and proof of work. But over all these both coins are good for investing .
Bitcoin has miners, and Ethereum will switch to PoS, of course Miners will also switch, maybe they go mining Bitcoin or maybe other coins,this is the reason why Etherum will not be able to replace Bitcoin, because of the difference in algorithms and we know Ethereum was launched a long time ago,
and until now Ethereum remains under Bitcoin, and that is what will happen next
eth will never overtake BTC.
they both offer completely difference services. The difference is the service ETH offers is completely replaceable, and is being replaced by faster, more efficient competitors.
BTC has no competitors. It is technologically pure are a perfect fit for purpose.
ETH must evolve faster than it has been to date if it wants to remain the top of the smart contract platforms. The merge places it still behind the speed and cost of others, not to mention the fact Proof of Stake is a blatant ponzi scheme. The merge likely does ETH more harm than good.
they both offer completely difference services. The difference is the service ETH offers is completely replaceable, and is being replaced by faster, more efficient competitors.
BTC has no competitors. It is technologically pure are a perfect fit for purpose.
ETH must evolve faster than it has been to date if it wants to remain the top of the smart contract platforms. The merge places it still behind the speed and cost of others, not to mention the fact Proof of Stake is a blatant ponzi scheme. The merge likely does ETH more harm than good.
In my own understanding I don't think so if Ethereum price can overtake Bitcoin price because we all know how far the lead of bitcoin price and also ETH price is depending on bitcoins price because when the price of bitcoin will rise then ETH will also rise and of fall or down then ETH price will down also .and also the price will based on proof of stake and proof of work. But over all these both coins are good for investing .
I can't say yes or no ETH can take over BTC's current position, because as we know ETH is always under btc, even though costs are reduced but it doesn't make eth able to take over it all
Actually both currencies are doing well in crypto market it is very difficult to predict whether Eth can take over BTC or not. Bitcoin is the king in the crypto market followed by ethereum I don't think anyone can take someone's position both the coins will do well on their platforms.
I don't think ETH will take over BTC just because it goes from PoW to PoS, it maybe the opposite.
Currently, there are no coins can beat Bitcoin value in the market, do you know why ? Because the circulation is very limited.
Just imagine how many Bitcoin has lost up to date, the coin circulation is very low but the demand is high, therefore the coin value is very high.
Currently, there are no coins can beat Bitcoin value in the market, do you know why ? Because the circulation is very limited.
Just imagine how many Bitcoin has lost up to date, the coin circulation is very low but the demand is high, therefore the coin value is very high.
I can't say yes or no ETH can take over BTC's current position, because as we know ETH is always under btc, even though costs are reduced but it doesn't make eth able to take over it all
there are several possibilities about eth position in future and there is no impossible thing in crypto market. ethereum recently give important about their algorithm . hopefully ethereum fundamental could bring positive impact to another altcoin especially under eth chain. i am believe if market give good response about this update, soon or later btc position will replaced by ethereum. 
The question is not new, I remember it was discussed a lot before, and until now it is being discussed again because of the upcoming events of ethereum. After all these years, ethereum has never done that either so there's no reason it can take over bitcoin right now, that's still not possible with ethereum.
Although the gap on CMC, eth is only behind btc, but overall, bitcoin is still the coin that dominates the majority of the market and has a great influence, which I think no other coin can do including eth.
Although the gap on CMC, eth is only behind btc, but overall, bitcoin is still the coin that dominates the majority of the market and has a great influence, which I think no other coin can do including eth.
I agree with every word you say.
and indeed this discussion is not new. there has been a lot of discussion about this. and is now re-emerging amid the hype that came ahead of ETH's shift from PoW to PoS.
And I also think Bitcoin will still have the top. because the current ETH hype will still dim back in time. because the hype ahead of the event is common. Although the possibility is always there. but still bitcoin will always stay at the top. hype before the event is normal and always weakens or drops after the event is passed.
I see people are exaggerating fomo, a lot of people are expecting ETH to make a big leap. The possibility of this happening is possible as it is the most anticipated event of ETH throughout the years. But we should be absolutely careful at the moment, people are rushing to buy ETH and hope to make some profit from ETH but the sharks want to do the same. If we are not careful, we will most likely get dumped on us.
definitely not!, Ethereum is Ethereum and Bitcoin is Bitcoin, as the saying goes first the chicken or the egg?,
we will not be able to distinguish between the two, both Ethereum which has advantages as a platform,
and Bitcoin as the main crypto currency.
Some forget how BTC and ETH work if they keep talking about ETH taking over BTC. The real thing is both BTC and ETH exist for different purposes and I don't see any chance ETH encircle BTC territory that's long-lasting, safe and secure cryptos to hold. While ETH is more about being used in smart contracts and used in daily transactions for a lot of things. we will not be able to distinguish between the two, both Ethereum which has advantages as a platform,
and Bitcoin as the main crypto currency.
To take over bitcoin is certainly very difficult because until now ethereum still dominates the price of bitcoin, and we can see that the value of ethereum is very far from bitcoin then it takes a very long time to approach the current value of bitcoin, although some say that in the crypto world everything can happen but if this problem I will not be sure of being achieved, although ethereum is a coin that we can't doubt, bitcoin will still be king forever.
definitely not!, Ethereum is Ethereum and Bitcoin is Bitcoin, as the saying goes first the chicken or the egg?,
we will not be able to distinguish between the two, both Ethereum which has advantages as a platform,
and Bitcoin as the main crypto currency.
we will not be able to distinguish between the two, both Ethereum which has advantages as a platform,
and Bitcoin as the main crypto currency.
Eth will not surpass btc at all it is not easy for eth to surpass btc because of some reason, i believe that btc is always rank #1 because it dominate the market and market condition depends on it from so many years till today.
The question is not new, I remember it was discussed a lot before, and until now it is being discussed again because of the upcoming events of ethereum. After all these years, ethereum has never done that either so there's no reason it can take over bitcoin right now, that's still not possible with ethereum.
Although the gap on CMC, eth is only behind btc, but overall, bitcoin is still the coin that dominates the majority of the market and has a great influence, which I think no other coin can do including eth.
Although the gap on CMC, eth is only behind btc, but overall, bitcoin is still the coin that dominates the majority of the market and has a great influence, which I think no other coin can do including eth.
I agree with every word you say.
and indeed this discussion is not new. there has been a lot of discussion about this. and is now re-emerging amid the hype that came ahead of ETH's shift from PoW to PoS.
And I also think Bitcoin will still have the top. because the current ETH hype will still dim back in time. because the hype ahead of the event is common. Although the possibility is always there. but still bitcoin will always stay at the top. hype before the event is normal and always weakens or drops after the event is passed.
ETH continues to be the second largest crypto asset by market cap, behind Bitcoin (BTC). Ethereum is a decentralized public ledger used to validate and store transactions on a standard blockchain network.
The Ethereum blockchain network has its own crypto asset called Ether (ETH) and an independent programming language called Solidity.
The Ethereum blockchain network has its own crypto asset called Ether (ETH) and an independent programming language called Solidity.
As you said Ethereum even though it has some advantages in technology development but always becomes the second largest crypto.
Because Bitcoin will always dominate and Ethereum will always be behind Bitcoin, it means that it is impossible for Ethereum to replace Bitcoin.
After all Bitcoin is the mother of cryptocurrency, because Bitcoin is the first crypto that was first created. So Bitcoin will always be the first choice of
many investors, therefore not only Ethereum, but several new projects were created to beat Bitcoin, unfortunately none of the new projects
can replace Bitcoin. Even many countries whose governments feel threatened by the presence of Bitcoin, they used all kinds of means to kill Bitcoin
and spread misleading news, but all ended in failure. Because Bitcoin is too powerful to turn off. So investing in Bitcoin should be our priority,
because the price of Bitcoin will tend to rise steadily, then it is very profitable long-term investment in Bitcoin.
ETH continues to be the second largest crypto asset by market cap, behind Bitcoin (BTC). Ethereum is a decentralized public ledger used to validate and store transactions on a standard blockchain network.
The Ethereum blockchain network has its own crypto asset called Ether (ETH) and an independent programming language called Solidity.
The Ethereum blockchain network has its own crypto asset called Ether (ETH) and an independent programming language called Solidity.
Ethereum has its own uniqueness than Bitcoin, and if you compare Ethereum and Bitcoin, it's clearly very different,
Ethereum is a platform and Bitcoin is the first cryptocurrency, and much more popular!,
I remind you, nothing can replace Bitcoin in the future!
Ethereum is a platform and Bitcoin is the first cryptocurrency, and much more popular!,
I remind you, nothing can replace Bitcoin in the future!
The question is not new, I remember it was discussed a lot before, and until now it is being discussed again because of the upcoming events of ethereum. After all these years, ethereum has never done that either so there's no reason it can take over bitcoin right now, that's still not possible with ethereum.
Although the gap on CMC, eth is only behind btc, but overall, bitcoin is still the coin that dominates the majority of the market and has a great influence, which I think no other coin can do including eth.
Although the gap on CMC, eth is only behind btc, but overall, bitcoin is still the coin that dominates the majority of the market and has a great influence, which I think no other coin can do including eth.
There are only 21 million bitcoins available in the offer. The technique for creating bitcoins requires that the pace of production decline every four years. Therefore, this will have an effect similar to that of a deflation in an economy, and the price of Bitcoin will rise as the supply of Bitcoin decreases over time. On the other hand, there are no restrictions on how much Ethereum is available. However, between times, the rate of production of new ETH chips kept declining.
You remember the crypto called WBTC, it's a higher price coin than Bitcoin, it doesn't mean WBTC can beat Bitcoin, if you talk about higher prices many coins are priced higher than Bitcoin, the same thing can happen to Ethreum.
Ethereum is also one of the high-value cryptos, if indeed the price of eth can one day exceed Bitcoin, that's a natural thing in the trading market phenomenon.
WBTC is just a scam coin pegged with Bitcoin price, there's nothing special about it. I did check on CMC and I don't find any coin price ever beat Bitcoin price? which coin it is since you said many coins?Ethereum is also one of the high-value cryptos, if indeed the price of eth can one day exceed Bitcoin, that's a natural thing in the trading market phenomenon.
Beating Bitcoin in terms of price is very easy, but if you want to beat Bitcoin in terms of Marketcap and use cases, that's an impossible thing IMO. ETH couldn't and wouldn't exceed Bitcoin because the altcoins season on 2017 back, ETH failed to beat Bitcoin.
With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.
You remember the crypto called WBTC, it's a higher price coin than Bitcoin, it doesn't mean WBTC can beat Bitcoin, if you talk about higher prices many coins are priced higher than Bitcoin, the same thing can happen to Ethreum.Ethereum is also one of the high-value cryptos, if indeed the price of eth can one day exceed Bitcoin, that's a natural thing in the trading market phenomenon.
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