Topic: Ethereum May Surpass Bitcoin’s Market Cap in the Next 10 Years - page 8. (Read 1948 times)

it could happen, because indeed the use case of Ethereum is very clear,
DEX, DeFi, and several other categories are built on the Ethereum platform,
of course this makes Ethereum very strong, yes to be honest, Ethereum is still better than Bitcoin,
but Bitcoin is still more popular than Ethereum.

Ethereum will become the largest crypto ecosystem but might remain short of Bitcoin's market cap. BTC has already claimed the store of value status whereas Ethereum is a platform for decentralized web applications - Ethereum will likely drive Web3 to the next level. Whether BTC or ETH will be used for mainstream payments is yet to be determined. If the ETH 2.0 update does what it says, then Ethereum will scale faster than Bitcoin, since BTC's current second-layer solutions are nowhere as concrete and scalable.

remember the amount of bitcoin supply is 21 million, and if it is reached what will happen? it will be very rare, so this will increase the price of btc in the future. if the price goes up high, the market capitalization will also increase. different from bitcoin, ethereum does not have a max supply. and this is what makes Ethereum can never match Bitcoin.

until whenever ethereum will not beat bitcoin.

All of major coins were pegged with bitcoin. bitcoin's market cap will never be surpassed by anyother crypto.
Trus decentralized, low and limited supply and it has more and more big investors are coming in right now.

The smartcontract being programmed by 3rd developers. Ethereum was only providing the network and platform to do that. There are so many sourced for the creation of smartcontract and this was coming from the various parties.

I honestly don't see any coin ever eclipsing Bitcoin's market cap.

I think there is no doubt Ethereum will always be the second major player in crypto, as it will likely become a globally important platform for finance. But Bitcoin looks likely to become literally the reserve currency for the world. I guess you can debate which of those two things will end up being bigger.

But for Bitcoin in the future I see corporations buying up hundreds of billions of dollars, investment firms buying up trillions of dollars, retail market buying up trillions of dollars, central banks and governments buying up trillions of dollars, and hundreds of billions or trillions of dollars of gold being moved into Bitcoin. Literally talking about a possible market cap for Bitcoin at several dozen trillion dollars.

Ethereum will no doubt go into the trillions, and maybe even significantly over 10 trillions dollars, but I don't see it matching Bitcoin. Also there's a decent chance there will be smaller blockchains competing with Ethereum and forming a whole industry for decentralized finance and other industries of  dapps - I don't think Ethereum is going to take 100% of the eventual smart contract use case. But Bitcoin is likely to take 100% of the store of value / reserve currency use case because there is literally nothing in crypto competing with it, and Bitcoin will obviously eventually beat out the USD and Gold for that use case.

If in 20 years or so the marketcap of crypto is let's say 50 trillion, I would say Bitcoin would probably be 30+ trillion, Ethereum 10+ trillion, and everything else combined <10 trillion made up of coins merely for speculating by traders, smaller competitors to Ethereum, tokens that are involved in Ethereum's ecosystem, and niche coins that serve some small specific purpose.

Many coins have been trying to beat Ethereum but are not yet to, also, even though Ethereum is trying it's best to remain on top, I think the team are doing so in order to keep winning but not to challenge Bitcoin in any way. Bitcoin has grown a lot ever since its inception and have passed through stages which made it stronger, hence the reason it is valued today and also the reason more platforms are finding it worthy of accepting as a payment method, while more people are finding it worthy of investing as well. This fact has made it possible for Bitcoin dominance to keep growing hence Bitcoin controls the whole crypto market. Also, the reason why Bitcoin will continue maintaining that position while making it difficult for any other is the fact it is highly trusted.

It would never happen none of altcoin have any kind ability to do this in current century. ETH's smart contracts are full of bugs and smart money is interested to buy this coin. This could be marketing trick to let people buy this coin.

I agree with you. and indeed Bitcoin is the parent of altcoins. although Ethereum will have potential, it will remain under the bitcoin umbrella. not only that without bitcoin as the king of cryto, ethereum wouldn't be as great as it is now.
Bitcoin is irreplaceable even though in the next 10 years, the scarcity of bitcoins at that time has become an immutable integrity.

i dont think that any coin can surpass btc in near future.
btc is king, eth is second and xrp is third.
the other coin will race for top 10.

Economist Raoul Pal says Ethereum’s (ETH) probable adoption as programmable money may see it becoming the largest cryptocurrency by market capitalization, overtaking Bitcoin (BTC) within the next ten years. At such a time, several blockchain networks may account for a larger share of the global financial markets as digital assets become more mainstream.

“My hunch is BTC is a perfect collateral layer but ETH might be bigger in market cap terms in 10 years for the reasons above. Money and collateral is just the base layer. Everything builds on top. The store of value is collateral, the trust layer and exchange of value is bigger.”

Pal dismissed the “one blockchain to rule them all” argument, insisting instead that different networks will carve out niches for themselves in the global business process. For Pal, Ethereum is better placed to capture areas like the $1.2 quadrillion derivatives layer, the $70 trillion equities arena, and the $260 trillion debt market.
the DeFi market has seen significant growth in 2020 with numerous protocol launches since the start of the year. According to DeFi aggregator Defipulse.com, the total value locked (TVL) in the DeFi market now stands at almost $14 billion.
Commenting on the need for a broad-based assessment of value across the digital asset (DA) space, Pal argued:

“This is why I care about the entire DA space. There will be many enormous winners, many failures, many scams, many false dawns but in the end, trillions and trillions of value will accrue across digital assets, tokens, protocols and crypto that tie all of this together.“


source: https://btcmanager.com/ethereum-bitcoin-market-cap-10-years-economist-raoul-pal/