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Topic: Is ethereum taking the crown from Bitcoin as ehtereum reaches $4000 (Read 326 times)

member
Activity: 1148
Merit: 58
As a ethereum Holder how i always wish that this will happen but the problem is?
the chance is not coming at any point this soon.

as long as bitcoin is being supported by majority of investors? EThereum will never have a chance to come breaking Bitcoin Crown.
member
Activity: 414
Merit: 23
currently price of ethereum is good it's also thanks to bitcoin ,the turnover of the exchange dominates the price power ,until now bitcoin is king and it has not been kicked by any altcoin including its rival ethereum ,the current condition and situation is still safe
in what way did ETH take over the market from Bitcoin? Can you explain more clearly?
So far, when I monitor the condition of Bitcoin and Ethereum prices, when Bitcoin prices go up, Ethereum only moves slowly with a small percentage. When the price of Bitcoin fell like yesterday September 9, 2021, all Altcoins fell by a large percentage, including Ethereum. So, please explain in what way did Ethereum take over the market from Bitcoin?
Maybe he meant to take over the market in the top 1 in all crypto markets
~snip
The picture already explains the real thing
So far no one has been able to take over the market from Bitcoin. On a percent basis, Bitcoin has averaged 3% this week and Ethereum has averaged 2% since the price dropped some time ago. That's not to mention the percentage of Market Cap and Volume.
Source: https://coinmarketcap.com/
Maybe our friends rarely see the data.
hero member
Activity: 1372
Merit: 500
I think $4K is still very far compared to the current bitcoin price of $45K, of course etherem can't compete with BTC, let alone take over the popularity of BTC, because BTC is a priority investment by everyone.
Actually, this value cannot be used as a reference for comparison and competition because each coin has its own basic value, so the size of the value cannot be used as a benchmark in this case, even though both of them have very many fans now.
If the reference is seen in terms of value, it is very unlikely for Ethereum to catch up with the deficit from bitcoin, Moreover, the value of Ethereum is still very far below Bitcoin, even I dare say it will never happen. If we talk in terms of popularity and market demand, it might still happen. But again I reiterate, bitcoin will always be the king of cryptocurrencies and need a new king to replace the old king.
sr. member
Activity: 2772
Merit: 357
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If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?
Ethereum even reached more than that , taking 4,300 in All Time High
May 12, 2021 = $4,362.35 but does that change your view? now that ethereum just step 4k and fall back again you are asking about this impossible dream?
ethereum is indeed good coin but does not enough to make bitcoin shaking.

this coin will remain under bitcoin and will even be broken by Binance in the future.

don't be upset but that is the reality , ethereum is most used portal but remember that there are many competitor that is making their way up also and more functional and has no fee issues.
hero member
Activity: 2072
Merit: 739
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~Snip~
if ethereum reached 6k then bitcoin will be 100k then  so meaning even how huge support goes for ethereum yet it is not enough  to overtake bitcoin.
capitalization is clearly a show of how bitcoin was backed up by investors so bitcoin will remain top ranked coins until the downfall of bitcoin comes when the support totally leave this coin and convert to other crypto in which harder to achieve by other coins as there are tons of attempt yet bitcoin remains the number 1 for more than 11 years.
Negative issues always come from parties who don't like the presence of bitcoin, more and more oblique issue befell bitcoin, the more parties support bitcoin, thus keeping bitcoin firmly in the ranking of number one as the best coin ever. For 11 years bitcoin circulating in the crypto market, no altcoin has been able to replace bitcoin position as the best coin, although every year there are thousands of new coin present in the crypto market, but the level is still very far below bitcoin.
full member
Activity: 2464
Merit: 209
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Even if the price of Ethereum reaches 6k or more, Ethereum is still below bitcoin. The crown as the king of coin has always belonged to bitcoin, even until now there has not been a single atcoin that has been able to seize the crown from bitcoin, even though it is Ethereum. These two coins have always shown the best quality in the crypto market, and so far have proven to be coin to be reckoned with in the crypto market.

if ethereum reached 6k then bitcoin will be 100k then  so meaning even how huge support goes for ethereum yet it is not enough  to overtake bitcoin.
capitalization is clearly a show of how bitcoin was backed up by investors so bitcoin will remain top ranked coins until the downfall of bitcoin comes when the support totally leave this coin and convert to other crypto in which harder to achieve by other coins as there are tons of attempt yet bitcoin remains the number 1 for more than 11 years.
hero member
Activity: 2072
Merit: 739
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Even if the price of Ethereum reaches 6k or more, Ethereum is still below bitcoin. The crown as the king of coin has always belonged to bitcoin, even until now there has not been a single atcoin that has been able to seize the crown from bitcoin, even though it is Ethereum. These two coins have always shown the best quality in the crypto market, and so far have proven to be coin to be reckoned with in the crypto market.
hero member
Activity: 1372
Merit: 500
The good performance shown by Ethereum makes us believe that the current crypto market conditions are very good, Ethereum has already shown its quality as one of the best altcoin, although Ethereum is on a good track, but Ethereum is not able to take the crown from bitcoin. As has happened before, bitcoin is struggling to hit a high price. So Ethereum will never be able to take the throne that already belong to bitcoin.
full member
Activity: 1092
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Ethereum can't take the crown from bitcoin because its clear that BTC has better value than ETH  and also BTC has lower max supply too, for ETH to reach 47k seem impossible at this point in time, also why comparing BTC with ETH because they really aren't the same thing
ethereum and bitcoin actually have different fundamental in market , investors look ethereum as smart contract platfrom which provide easinest for developers build their team. although there are huge differences between them in supply but eth and bitcoin still recognized as the king in each part.

I think $4K is still very far compared to the current bitcoin price of $45K, of course etherem can't compete with BTC, let alone take over the popularity of BTC, because BTC is a priority investment by everyone.
only while ethereum solved the network fee ,scalabitlity and supply it could compete with bitcoin in price.
hero member
Activity: 2954
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Bitcoin dictates how the market sentiments will be like and already as we all know there was a slight dip which saw bitcoin go down pulling all other altcoins with it into the deep which is a clear indication that bitcoin is still king and will call the shots.
As for Ethereum let's give it some credit, it is the king of altcoins and that is something no altcoin will take away from it but won't dethrone btc.
It really won't be dethroning bitcoin. It's been years already since a lot have tried but never any of them did won from that acquisition. So people should stop comparing bitcoin with anything in the market even if it's eth, the 3rd or fourth and so on.
It's just senseless to keep doing that just because you see it pump.
Precisely. There's no point in comparing them because even if the one exceeds the other but its definitely not dethroning since ethereum and bitcoin have different uses and purposes. They are both good investments but never will ethereum come to replace the position of bitcoin.

As what i have seen in the market, bitcoin and ethereum are both struggling to reach their ATH. But in the end, if bitcoin will reach first its new all time high, ethereum too will benefit from it and may even cause to reach its new ATH too as earlier as expected.
I agree that both are good investments and that's why I'm owning both of them. But the comparison is like endless despite what bitcoin and ethereum had proven to anyone.
Let's all think of these two as incomparable and they don't have to fight and compete with each other.
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Activity: 1027
Merit: 11
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I think $4K is still very far compared to the current bitcoin price of $45K, of course etherem can't compete with BTC, let alone take over the popularity of BTC, because BTC is a priority investment by everyone.
hero member
Activity: 2772
Merit: 603
Guys are we serious? I grew to like ETH more and more since last year,,, really and this comes from someone who really disliked Ethereum ever since I joined crypto.

Bitcoin is undisputed king,,, and if anyone remembers how embarassed ETH people were in 2017 to talk about Flippening, please remember what it will do to you in 2021  Tongue
you can't go wrong if you like ethereum after what's happening now. not to mention updates are being done and prepared. when it's done I think if you are still able to hold it in you will surely benefit from your patience and trust.
I'm afraid we haven't seen any major dumps like the one after ATH 2017 was reached. the ETH market may be stronger at the moment, but ETH and even bitcoins can spoil the pleasure of those of us who are too happy with the market situation.
I doubt that we would have a big decrease in price nowadays, it is certainly something that looks like it is a wonderful situation at the moment. I get that it dropped a lot but recently it was as high as 4k which is quite close to ATH price. Bitcoin wasn't that close to its ATH price, BNB wasn't, if I am not wrong not many coins were close to their ATH prices at all, but ETH was very close to it. Obviously this means that ETH is something that is quite strong at the moment, one more push and while we see BTC at 52k-55k range which is not ATH at all, it could mean that ETH may break its ATH and that's what I love about it.

Plus, when you break over any ATH in any coin eventually that increases a lot more, we do not just break it by 5%, we go well beyond that. Let's hope to see more development news soon to see ETH breaking out and seeing even 5k+ soon.
member
Activity: 196
Merit: 11
Ethereum can't take the crown from bitcoin because its clear that BTC has better value than ETH  and also BTC has lower max supply too, for ETH to reach 47k seem impossible at this point in time, also why comparing BTC with ETH because they really aren't the same thing
full member
Activity: 896
Merit: 100
Guys are we serious? I grew to like ETH more and more since last year,,, really and this comes from someone who really disliked Ethereum ever since I joined crypto.

Bitcoin is undisputed king,,, and if anyone remembers how embarassed ETH people were in 2017 to talk about Flippening, please remember what it will do to you in 2021  Tongue
you can't go wrong if you like ethereum after what's happening now. not to mention updates are being done and prepared. when it's done I think if you are still able to hold it in you will surely benefit from your patience and trust.
I'm afraid we haven't seen any major dumps like the one after ATH 2017 was reached. the ETH market may be stronger at the moment, but ETH and even bitcoins can spoil the pleasure of those of us who are too happy with the market situation.
full member
Activity: 1050
Merit: 100
ETH has a great, amazing and smart leader. If ETH becomes that coin that is a global daily currency and the basis of all smart contracts and NFT’s etc… Then it will be worth an insane amount of money that couldn’t be matched by BTC.
But are all these things owned by ETH at this time? I don't think that's all, so ETH is still not able to match BTC which basically doesn't have many advantages like ETH, it's just that BTC is more in demand by many people which can cause market influence for other Altcoins.
sr. member
Activity: 1988
Merit: 283
If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?
actually base in what i've notice as a day trader ethereum and bitcoin had the same movement during the bull run and even now fyi, for me in my personal opinion for that reason we cannot tell that ethereum can surpass bitcoin as they are both doing the same way wherein seems connected, indeed most of the coin that make good improvement such xrp, ada and more cryptocurrency except sol, they all have the same pattern. So how comes ethereum can take the crown of bitcoin if everytime there's an uptrend in the market both were showing the same pattern?
hero member
Activity: 2604
Merit: 816
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Ethereum can be the next real store of value, but people still prefer to use bitcoin than ethereum. The ethereum price is more volatile than bitcoin because ethereum follows behind bitcoin so when bitcoin is down like what we saw, ethereum and the other coin will just follow. Many altcoins follow to go down and it is waiting for bitcoin price increase again so the altcoin will also follow increase.
that's what mostly happens in the crypto market. Bitcoin's dominance is still unbeaten and that causes bitcoin price movements to affect the overall crypto market conditions. including ethereum assets.
ethereum has grown to be a great asset. it is natural for everyone to speculate highly on the future of this asset. but to align with the functional bitcoin of course everyone will still choose bitcoin no matter what.
People who do not believe in bitcoin will see that bitcoin can back to the higher price anytime and bitcoin still be the best investment so ethereum will be the second investment. Ethereum is still behind on bitcoin and will not replace the bitcoin position but ethereum will have its position in the market so people can still invest in ethereum anytime.
full member
Activity: 924
Merit: 100
ETH has a great, amazing and smart leader. If ETH becomes that coin that is a global daily currency and the basis of all smart contracts and NFT’s etc… Then it will be worth an insane amount of money that couldn’t be matched by BTC.
hero member
Activity: 2884
Merit: 590
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Bitcoin dictates how the market sentiments will be like and already as we all know there was a slight dip which saw bitcoin go down pulling all other altcoins with it into the deep which is a clear indication that bitcoin is still king and will call the shots.
As for Ethereum let's give it some credit, it is the king of altcoins and that is something no altcoin will take away from it but won't dethrone btc.
It really won't be dethroning bitcoin. It's been years already since a lot have tried but never any of them did won from that acquisition. So people should stop comparing bitcoin with anything in the market even if it's eth, the 3rd or fourth and so on.
It's just senseless to keep doing that just because you see it pump.
Precisely. There's no point in comparing them because even if the one exceeds the other but its definitely not dethroning since ethereum and bitcoin have different uses and purposes. They are both good investments but never will ethereum come to replace the position of bitcoin.

As what i have seen in the market, bitcoin and ethereum are both struggling to reach their ATH. But in the end, if bitcoin will reach first its new all time high, ethereum too will benefit from it and may even cause to reach its new ATH too as earlier as expected.
hero member
Activity: 2954
Merit: 725
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Bitcoin dictates how the market sentiments will be like and already as we all know there was a slight dip which saw bitcoin go down pulling all other altcoins with it into the deep which is a clear indication that bitcoin is still king and will call the shots.
As for Ethereum let's give it some credit, it is the king of altcoins and that is something no altcoin will take away from it but won't dethrone btc.
It really won't be dethroning bitcoin. It's been years already since a lot have tried but never any of them did won from that acquisition. So people should stop comparing bitcoin with anything in the market even if it's eth, the 3rd or fourth and so on.
It's just senseless to keep doing that just because you see it pump.
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