Ethereum is now behind Bitcoin, and he is on his heels. I think if the development continues, it has a chance to overtake Bitcoin itself in this hierarchy.
I don't think Ethereum could ever overtake bitcoin, at least not if both coins succeed on their current path/goals. Not because I don't like ethereum, and I consider myself a very rational person. Bitcoin is aiming to become a store of value, let's call it digital gold. Ethereum on the other hand, is following the path of a decentralized platform for investments in [Suspicious link removed]panies. This of course means that a lot of fiat should enter both markets, but the money that enters in the bitcoin market should stay there, and we cannot say the same about the money that enters in the ethereum market.
What I mean is: if the cash flows into the ICOs as an investment, they will need to cash it out to invest the money in the development of the company. So money is always flowing in the Ethereum network, and it's price can't increase that much. Of course that it's value will raise, specially if ICOs are a success, but if we are rational, it should never increase more than a pure store of value asset like bitcoin. That's why I think that if both succeed in their goals, BTC will continue to have a much higher price and marketcap.
I do not agree with you there. I believe Ethereum has already passed bitcoin but it is not so popular yet which is a matter of time thou. It may sound a bit childish. Why do i think like that?
The year and a half ago I choose Ethereum as the main currency for my portfolio. Since that time ETH has grown 34x.
Yesterday I saw one pic showing that Ethereum runs more payments than all the other currencies in sum (including bitcoin):
https://imgur.com/a/BGtTfYou are saying that BTC is a pure store of value asset. But what makes it be like that? Only people's choice. A lot of people know bitcoin (still a small percent in the world) and not so much know ethereum.
In other words, there could happen a situation when lots of people will decide that eth is much more popular (cause imagine how many people would need ETH after all the ICOs will provide their products). Demand will increase and popularity will increase. And that is how people might decide, why do they need a separate currency to store value if there is another one which is in demand and the value is there.
I hope you see my point.