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Topic: Run from Bitcoin. Ethereum will flip it (Read 464 times)

hero member
Activity: 1596
Merit: 502
June 08, 2021, 07:34:37 PM
#52
bitcoin has tremendous power and of course it will not be easy for ethereum to beat or replace bitcoin, ethereum must require a lot of investors and of course ethereum supply must be made very limited so that to get ethereum will not be easy anymore.
legendary
Activity: 2282
Merit: 1023
I'm sure that Ethereum has more potential than this, and even we don't see their full potential yet. but bitcoins are quite different, in that they become the center of all crypto. maybe not from a market cap or a technology point of view, but from a public point of view and also the public's familiarity with crypto will always go towards bitcoin
Looks like you are not following the upgrades that is proposed in Bitcoin, Ethereum is upgrading and it has its own issues on scaling and they are moving the network to POS and i do think it is going to be more centralized than what it is now as the decisions will be taken by the people with more coins and we all know who have those kind of coins to make decisions.

The potential of Ethereum is that it is a programming language and anyone who has the basic programming skills can develop decentralized application on top of it and it has its own merits and demerits and that is not going to flip Bitcoin as a currency Tongue.


 
legendary
Activity: 1540
Merit: 1002
Both are crucial in the crypto industry, particularly bitcoin. They cater to various parts of the crypto business. One of bitcoin's most significant advantages is its widespread use. I don't think eth will make crypto users forget about bitcoin. They can, however, coexist and satisfy the demands of these crypto users.
I'm sure that Ethereum has more potential than this, and even we don't see their full potential yet. but bitcoins are quite different, in that they become the center of all crypto. maybe not from a market cap or a technology point of view, but from a public point of view and also the public's familiarity with crypto will always go towards bitcoin
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
~snip

Comes out of bed, and says Ethereum is better than Bitcoin. And people will leave Bitcoin later. People use Bitcoin not only Bitcoin is the first crypto. During the existence of Bitcoin, have you ever heard that the Bitcoin wallet was hacked. Do Bitcoin transaction fees always change?
Ethereum has in recent months been having trouble making transactions. As said above, many ERC20 tokens get stuck on the Ethereum network due to high transaction fees. Is this a model that crypto users prefer?
sr. member
Activity: 1050
Merit: 286
If it is only for me, I would take risk on both. BTC and ETH has been always alongside with each other over the past years and ETH was always behind bitcoin. Maybe ETH is slowly improving continuously as Bitcoin experiences downfall but it would be very hard for it to flip bitcoin. You can take advantage on the outstanding performance these two are showing and keep on holding so that you would not regret it in the near future. Bitcoin will keep on improving as well as Ethereum so let us support and invest on both so that we won't miss the good things that are yet to come for all of us.
hero member
Activity: 2170
Merit: 528
ADA is going to flip ETH that's the only flip I see in its history.

There's almost no use for ETH outside of other coins built on it. Nobody is selling anything for ETH and nobody uses it for a store of value.
On top of this ETH reacts to most bitcoin moves so it's not independent. It depends on the price of bitcoin and its cycles as you could see in that recent drop.

I like ETH and I'm still holding it but it's not better than Bitcoin. Don't get yourselves fooled by this narrative!

hero member
Activity: 1344
Merit: 502
BTC will be worth 6 figures by the end of this year. And that’s just the beginning. ETH’s use case is so important. 85% of Cryptos run on the ETH network. So you can go only go right with both. You can always stake some of your BTC & or ETH. A great site that I use is Celsius.network
full member
Activity: 490
Merit: 107
Eth has larger volume than btc and it slowly but stealiy overtake Bitcoin in the near future


What volume do you count that you say the volume of ETH is higher compared to Bitcoin. Where do you get the source? I think all crypto users use CMC data as crypto story loggers. We haven't seen ETH volume exceed BTC volume.
This is the latest data. Am I wrong in sourcing? or is there another source that is more accurate?






You dont give data periodically, this i will provide this data. ETH just surpass Bitcoin before Dump happens (ofc when dump, people cashout their bitcoin, then huge volume appears to bitcoin).
member
Activity: 223
Merit: 13
BTC will be the last man standing even if anything is going to happen to crypto in future, Ethereum introduced smart contract and that's why it will survive too, as a matter of fact these are the two crypto projects that matters every others aren't as good as ETH and BTC so we don't need to FUD one for another
full member
Activity: 1274
Merit: 175
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Am not comfortable with the way bitcoin price is keep decreasing since we came back from pandemic. BTC is developing some character that is making some users to think that Ethereum will over take bitcoin to become first position in the marketcap. I guess will time bitcoin will still improve to hit $50k again.
full member
Activity: 854
Merit: 102
Eth has larger volume than btc and it slowly but stealiy overtake Bitcoin in the near future


What volume do you count that you say the volume of ETH is higher compared to Bitcoin. Where do you get the source? I think all crypto users use CMC data as crypto story loggers. We haven't seen ETH volume exceed BTC volume.
This is the latest data. Am I wrong in sourcing? or is there another source that is more accurate?




legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
~snip

BTC is a sure no. 1,... ETH, not sure it will stay for long.

it is interesting view, but bear in mind that Ethereum flipped Bitcoin on three different metrics that are important for public blockchains, and could be easily checked by anyone, namely:
- economic value settled on a blockchain
- paid transactions on the network
- security - settlement assurances (pretty important flip that happened lately)

market cap flip is what usually follows these three, it does not have to, but one should think about it, reverse flip in all three metrics does not seem as realistic option
jr. member
Activity: 40
Merit: 1
I see no reason why ETH will be better.

Ethereum has a massive problem of fees.
Ethereum has a very big growing database and no solution for it
Ethereum has so many delay for PoS
Ethereum has infinite supply

I see really no reason for it.

Maybe a coin like IOTA can challenge Bitcoin but people are not buying so much IOTA right now.
So no chance to flip Bitcoin if peope still consider no real innovative coins.
full member
Activity: 910
Merit: 101
i heard whales or giant investors from any institutional will switch their bitcoin into ethereum. even one of veteran investors said he will drop 1,5billion in crypto market and it have possibility not in bitcoin. etherum could be the coins that get this liquidity, and when it happen ethereum someday will flip bitcoin.
Reverse how? Did you not see when Bitcoin went down, Ethereum followed suit and when Bitcoin went up Ethereum followed suit, and I never saw when Bitcoin went down, Ethereum went up in price.
legendary
Activity: 1960
Merit: 2124
Ethereum coin has some different purposes to serve but still we always rush in making comparison with it overtaking btc at one point.What point exactly make you believe that? Pos feature? Really mate you need to check the cons of pos algorithm mechanism which provides filthy rich to have centeral control over the network if he stake enough funds to become main validator or node.On the other side this time everyone is becoming an environmentalist to save the planet earth from Bitcoin mining? Miners are already trying to find new ways to use renewable sources for mining but how much energy global financial assest use on the other side just check them also.Bitcoin market cap is already around $1 trillion and investors prefer to invest more in btc than other coins and limited supply push prices even higher.So your calculations are not correct mate.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
I think the OP just got owned by one of the bigtime users here. I mean ETH is a good coin on its own, but I don't think it will be able to surpass Bitcoin at all. There is a reason why Bitcoin is called a king and ethereum the second placer. In my opinion it will take decades before such a scenario will occur. Drastic changes should happen to Ethereum for it to make a difference and for it to be preferred by many people. Also if we are talking about creating hypes then the OP cannot make that hype. It should be someone high at the top. Maybe one of the Rothschilds or maybe Biden should hype ETH.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Ya agree, in the future ethereum will be more valuable than btc because ethereum has more function than btc. Not just ethereum but there so many alts will past Bitcoin.
Really? How long will that happen?

Ethereum is an altcoin which means, the trend will follow bitcoin. Just imagine, if bitcoin is fallen, ethereum will not follow bitcoin? How could it be?

Unless bitcoin does not benefit us and all people move from bitcoin to ethereum and mass panic happen in the market, that can make bitcoin drop and the price will not rise again. If that happens, people will move to the other coins, but I doubt that will happen. That still a mystery to us.
hero member
Activity: 2954
Merit: 605
Both are good coins but I don't see ETH will take over the market and will replace bitcoin.
I have a feeling that ETH has a threat to be replaced by BNB and it's likely to happen compared to ETH taking over bitcoin.

That's your opinion but I'm sure the majority will agree with me in my opinion.

BTC is a sure no. 1,... ETH, not sure it will stay for long.
sr. member
Activity: 1988
Merit: 283
It very obvious mate why ethereum has big volume than bitcoin in the market it's because elon's and other greedy people dump on bitcoin not on ethereum.. So no need to explain more why this happening..  And yes its possible to flip bitcoin and i agree with that especially on this current situation.. but remember as you said bitcoin is a proof of work so expect that this is just a temporary wherein soon when btc gained enough strength to jump high again and able to make ATH surely that ethereum will flip as well.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
You just said the wrong thing about it from the start. Larger volume. Ain't that what we are escaping from?  Cheesy
I am not against Ethereum and I actually support it but not to the extent of selling my Bitcoin for it.
I don't know if this is some kind of strategy for you to enter the Bitcoin market for a cheaper price but it doesn't work like that.
You ain't Elon Musk or the Chinese government that could shake the price of Bitcoin.

Why not try run from BNB back to Ethereum? But I doubt they will because of the ease that BNB brings to those buying altcoins now.
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