Topic: Is Polkadot going to Kill Ethereum? - page 8. (Read 2658 times)
Polkadot is the highest gainer coin in the recent time and jumped top 10 coin as well that makes the HOLDers proud. Polkadot has great tech and team. Polkadot development is on right track, so DOT might get up to 50 USD soon or even more in the near future.
We really can't predict anything these days because the market is purely diplomatic DEFI projects are booming and price are unbelievable if we have a look on polkadot and ETH definitely polka is clearly the game Changer this time.
I was expecting like ETH may go to 5k this time because when compared to BTC but unfortunately it was not upto the mark as it was following its footsteps still I hope it will make a comeback anytime.
I was expecting like ETH may go to 5k this time because when compared to BTC but unfortunately it was not upto the mark as it was following its footsteps still I hope it will make a comeback anytime.
lately Polkadot has indeed shown very good development and is able to be in the top 10 altcoins even some time ago it had shifted XRP but now XRP has succeeded in taking over it again, for me personally until whenever ethereum is the best and nothing can replace its position, so polkadot are not a threat to ethereum
I don't think so ethereum will beat by the Polkadot because for me ether is more potential to this coin but polkadot is a new coin but also potential but it need to prove more before it's more potential to ethereum because ether is already prove that it is very promising coin that the price have good future or the price will going to high in the next few years.
For me the true investment is the projects that help Polkadot achieve success.
I invested in $PCX they are providing the bridge between Etherium, BTC, KSM etc ... with Polkadot.
This is what is needed we need to combine the projects and make the good ones better using the new ones.
That is why I am a true believer of PCX.
I do agree that polkadot itself can't succeed without any help. Ethereum is not the second ranked coin because it is great itself, it is ranked second because there are thousands of other coins that is tied to ethereum chain, look at metamask and you will see a thousand different coins all tied to erc20 and that is the reason why ethereum became so big, even defi ones are tied to ethereum as well.I invested in $PCX they are providing the bridge between Etherium, BTC, KSM etc ... with Polkadot.
This is what is needed we need to combine the projects and make the good ones better using the new ones.
That is why I am a true believer of PCX.
So long story short if polkadot wants to be huge, it needs to have a lot of other projects built on top of it, no coin can surpass ethereum all by itself without any usecase or reason to buy it, people need a reason to buy a coin and if you do not provide them enough reasons it will just become "buy it now so you can sell when it goes up" and that is not enough reason to make something become huge. New things that are being built on top of it will show how good it will be.
There are Huge number of Projects using Polkadot network to create smart contracts, please open below given link to know more about progress/development Polkadot accomplished, during 2020.. The beauty of the network is it uses Multiple chains concept to execute transactions which reduces transaction time substantially. Its popularity is growing with every coming day.
https://polkadot.network/polkadot-2020-roundup/
For me the true investment is the projects that help Polkadot achieve success.
I invested in $PCX they are providing the bridge between Etherium, BTC, KSM etc ... with Polkadot.
This is what is needed we need to combine the projects and make the good ones better using the new ones.
That is why I am a true believer of PCX.
I do agree that polkadot itself can't succeed without any help. Ethereum is not the second ranked coin because it is great itself, it is ranked second because there are thousands of other coins that is tied to ethereum chain, look at metamask and you will see a thousand different coins all tied to erc20 and that is the reason why ethereum became so big, even defi ones are tied to ethereum as well.I invested in $PCX they are providing the bridge between Etherium, BTC, KSM etc ... with Polkadot.
This is what is needed we need to combine the projects and make the good ones better using the new ones.
That is why I am a true believer of PCX.
So long story short if polkadot wants to be huge, it needs to have a lot of other projects built on top of it, no coin can surpass ethereum all by itself without any usecase or reason to buy it, people need a reason to buy a coin and if you do not provide them enough reasons it will just become "buy it now so you can sell when it goes up" and that is not enough reason to make something become huge. New things that are being built on top of it will show how good it will be.
Polkadot is indeed a new project that we can rely on for the foreseeable future, and I am very confident that polkadot will rival the top crypto value in the future, we hope to rival ethreum and it will not be impossible to take an ethreum position although this is very difficult because some days the value of ethreum is again increasing, for now we have to invest in polkadot because this project has high potential.
I think that the altcoin this year has changed in nature, the suitability and adaptability to new needs create a special, interesting and unexpected trend. DOT is a coin in the trend and great attraction in the past. I think the competition in this year's altcoin season will be fierce. Any stumble similar to XRP will become a dual trend, and will be displaced from both its position and its user base. DOT has the potential to increase capitalization if it continues to focus on product development and expertise for the Multi-chain improvement roadmap, which is a distinctive feature of DOT's branding. It shows that DOT has risen to become a competitor capable of surpassing ETH in the future.
For me the true investment is the projects that help Polkadot achieve success.
I invested in $PCX they are providing the bridge between Etherium, BTC, KSM etc ... with Polkadot.
This is what is needed we need to combine the projects and make the good ones better using the new ones.
That is why I am a true believer of PCX.
Kind Regards
I invested in $PCX they are providing the bridge between Etherium, BTC, KSM etc ... with Polkadot.
This is what is needed we need to combine the projects and make the good ones better using the new ones.
That is why I am a true believer of PCX.
Kind Regards
Taking over a position doesn't mean death, Polkadot beats XRP but XRP is still alive, Polkadot is a altcoin I have respect for because it's been years we have seen new altcoins getting into top 10 on coinmarketcap but things is easier for Polkadot because of its utilities, I won't say it's impossible to defeat Ethereum but Polkadot gotta do alot to take over Ethereum
Aside from Cardano which is arguably the Ethereum Killer base on some people, Polkadot is on its way to be a competitor of Ethereum right now.
A coin which came from nowhere and now it is on the top 10 already in terms of market cap. Its too early to predict if Polkadot will do it or if it can really do it since it is very young right now. There are some projects who are under Polkadot right now but when ETH 2.0 will be done, I'm predicting that more will support ETH because of the staking compare to DOT.
A coin which came from nowhere and now it is on the top 10 already in terms of market cap. Its too early to predict if Polkadot will do it or if it can really do it since it is very young right now. There are some projects who are under Polkadot right now but when ETH 2.0 will be done, I'm predicting that more will support ETH because of the staking compare to DOT.
yes, if a half of ethereum believers move to polkadot
wich mean they selling their ethereum and buying polkadot, but thats impossible mate,
because now most of crypto believers still give their trust to eth as the best altcoins in the markets
Only crypto believers or user moving to polkadot doesn't necessarily means it's gonna increase the market cap significantly.wich mean they selling their ethereum and buying polkadot, but thats impossible mate,
because now most of crypto believers still give their trust to eth as the best altcoins in the markets
The most important thing within ecosystem of certain cryptocurrency more specifically a crypto that specializes in smart contract is the dapp. It's what triggers people to spend their cryptocurrencies and make the market moves. Most of people are just bagholding their ETH without it so peolpe moving over to polkadot isn't enough.
I am just looking at the project on Polkadot, the quality of projects on Polkadot is more important to me than Polkadot platform itself, look at all the Ethereum Killers in the space, starting from EOS, Tezos, Cosmos etc all have failed to attract good projects on their platform and these Dapps are what help drive up exposure to the blockchain
Waves too was presented as Ethereum killer some years ago but where is Waves today? No way to be seen. It is still struggling at $7. What abut Binance and Ripple? What a sham all those projects are. Once any new project begins to get a rise the next thing is people comparing it with Ethereum or bitcoin to take over from them. Every project have to exist on their own and not be compared to others. Polkadot has alot to do before getting the type of attention Eth has already. No comparison.
Polka dot is an open-source project that works with shared protocol that enables Blockchain Networks to work with Synergy. The token serves three distinct purposes; Governance, Staking and Bonding. This is designed to co-exist with Leading smart contract Blockchains rather than competing with them. This is very appealing factor for some Investors. It won't be easy for the Polka dot to challenge Ethereum as many working projects are already using Ethereum Network even though Technically it is superior project but It is already Home of 197 projects those are working on its networks and many more willing to join it.
This is also evident from price movement that we have witnessed during the past month when its price moved from $2 to almost $6 that reflects great interest of Investors in this token. There are some predictions that within a year time , Dot will be Top 3 on Market cap.
This is also evident from price movement that we have witnessed during the past month when its price moved from $2 to almost $6 that reflects great interest of Investors in this token. There are some predictions that within a year time , Dot will be Top 3 on Market cap.
Polkadot sure have showed its dominance in the market. I do think they have the potential as an alternative to Ethereum, but thats all. We all know that Vitalik Buterin is cooking up ETH 2.0 real good. Expect a sudden pump on ETH soon as it is fully launch.
The fact that so many times this thing already discussed and then there was no chance for DOT to kill ethereum.
It's only FUD and people should never feel worry about that.
It would take something catastrophic to really kill Ethereum or to topple it from second place in total market cap. It's network effect is too big to overcome at this point. Other coins that briefly surpassed it like XRP and BCH proved to be too centralized and based on hype. Developers are going to continue to prefer Ethereum because it is more mature and established.
Polka dot is an open-source project that works with shared protocol that enables Blockchain Networks to work with Synergy. The token serves three distinct purposes; Governance, Staking and Bonding. This is designed to co-exist with Leading smart contract Blockchains rather than competing with them. This is very appealing factor for some Investors. It won't be easy for the Polka dot to challenge Ethereum as many working projects are already using Ethereum Network even though Technically it is superior project but It is already Home of 197 projects those are working on its networks and many more willing to join it.
This is also evident from price movement that we have witnessed during the past month when its price moved from $2 to almost $6 that reflects great interest of Investors in this token. There are some predictions that within a year time , Dot will be Top 3 on Market cap.
This is also evident from price movement that we have witnessed during the past month when its price moved from $2 to almost $6 that reflects great interest of Investors in this token. There are some predictions that within a year time , Dot will be Top 3 on Market cap.
Polkadot sure have showed its dominance in the market. I do think they have the potential as an alternative to Ethereum, but thats all. We all know that Vitalik Buterin is cooking up ETH 2.0 real good. Expect a sudden pump on ETH soon as it is fully launch.
Its still too far for Polkadot to kill Ethereum, furthermore why a community have any mind to kill another community, they should focus on the project they follow to achieve their target and to keep the community.
If that happen, its not impossible to surpass Ethereum in the future.
If that happen, its not impossible to surpass Ethereum in the future.
Polkadot has had success lately. Yes, this cannot be ignored. But for now, it does not look like it will be a rival or be a threat to Ethereum. There has to be more for this. In such a short time, Etherum cannot shift the position it has held for years.
It seems not a rival consider all of the smartcontract platforms will co exist but that just gives another alternative solution for the people for the tokenization purpose. In fact that if there are so many people still issuing their asset into the ethereum. Ethereum can't be replaced by the new project easily. That needs a very long time to make it happen. Ethereum's foundation is one of the solid ones in the crypto community.
So I don't think DOT will replace or kill eth in easy manner or in the very near future.
They have long years to prove that DOT has advantages over eth.
But project developers have good options now, they can check the viability of their project to be built under DOT.
The more competition that we have in the market, the better for users.
As we will compare the pros and cons on both sides and select which suits best in terms of your needs.
Polkadot has had success lately. Yes, this cannot be ignored. But for now, it does not look like it will be a rival or be a threat to Ethereum. There has to be more for this. In such a short time, Etherum cannot shift the position it has held for years.
It seems not a rival consider all of the smartcontract platforms will co exist but that just gives another alternative solution for the people for the tokenization purpose. In fact that if there are so many people still issuing their asset into the ethereum. Ethereum can't be replaced by the new project easily. That needs a very long time to make it happen. yes, if a half of ethereum believers move to polkadot
wich mean they selling their ethereum and buying polkadot, but thats impossible mate,
because now most of crypto believers still give their trust to eth as the best altcoins in the markets
wich mean they selling their ethereum and buying polkadot, but thats impossible mate,
because now most of crypto believers still give their trust to eth as the best altcoins in the markets
if they are true eth believers they wont think of moving to polkadot but if they are eth believers they will know if what are the disadvantage of eth and if polkadot has its own advantage over eth , eth is now in threat and is now in a sticky situation .
the op's prediction is slowly getting to be realistic because polkadot are now in the 4th spot . is polkadot on its way of killing etherium ? , will this be the end of etherium ? eth believers , what was your plans now . are you only going to watch and wont take action
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