Ethereum is already at half of bitcoin's market cap so I don't see it far from happening.
Actually once an alt gets near bitcoin's market cap chaos will be all over crypto world.. Just imagine all the FUD here, in the news, around the internet and everywhere!! Panic sellers, panic buyers, bitcoin will lose a lot of its value while that coin gets it on the other hand..
So prepare for the time that day comes, and buy that alt before it beats bitcoin and sell after. At the end it will probably be a bump and dump situation like we saw recently with xrp.
Topic: What if another altcoin surpasses BTC in value? - page 5. (Read 3925 times)
Back then I used to believe that some other crypto currency will replace Bitcoin like Ethereum but from what I've observe through years Bitcoin is still remains the "mother of all crypto currency" the stockmarket etc still revolves around it. I believe that if some crypto currency perhaps ETH will surpass BTC I believe that BTC will catch up to that coin so my answer is No I wont sell my BTC to buy more "valuable" coin. Also the chances of this question going to happen is kinda low but possible through the years...
I don't see any altcoin that can surpass the bitcoin's value. It is called altcoins derived from Alternative Coins so it must be an option for whom that cannot afford buying bitcoin and other high valued cryptocurrency. Altcoins is for those who wants to start with low capitals and earn from it to afford higher valued coins like what i've mention such as bitcoin , Ethereum etc.
What will you do if some altcoin (XMR or ETH for example surpasses the value of BTC, either in market cap or by the price of a token each? Will you sell your BTC to buy the more "valuable" coin, or continue using and holding BTC? Also, what do you think are the chances that it could happen? I would like to hear your thoughts and opinions.
I will continue holding bitcoin because if it will happen bitcoin's price will just decrease but it can't be erase from the market. It will decrease because maybe some people will choose other cryptos and its demand will also decrease.
Ethereum has a big chance of surpassing Bitcoin. It's already 50% of it's marketcap.
What will you do if some altcoin (XMR or ETH for example surpasses the value of BTC, either in market cap or by the price of a token each? Will you sell your BTC to buy the more "valuable" coin, or continue using and holding BTC? Also, what do you think are the chances that it could happen? I would like to hear your thoughts and opinions.
For now the bitcoin is the king of coins and no altcoin can beat it. I think bitcoin will remain the king of coins in the next few years.
I dont think there would be new coin to surpass btc specially in the near future maybe possible in 20 or more years from now lol. Even other altcoin surpass btc I still wont shift interest because if that time happen and I dont have that certain coin dont think there would still be too much significance if I buy cause thats too expensive already.
Well there isn't any around that i can see and for another altcoin to dethrone bitcoin it will take an innovation beyond what bitcoin offered and for that i don't think there will be any in the near future.
I don't see how this could happen, at least not in the near future. There are some altcoins with good perspective and the value that has chances to rise more but none of them will come close to bitcoin value. For this to happen some other preconditions besides pure price should be filled and that is not that easy and can't happen over night. No other altcoin has the chance unless something really, really bad happens to bitcoin.
I dont think there would be new coin to surpass btc specially in the near future maybe possible in 20 or more years from now lol. Even other altcoin surpass btc I still wont shift interest because if that time happen and I dont have that certain coin dont think there would still be too much significance if I buy cause thats too expensive already.
Well there isn't any around that i can see and for another altcoin to dethrone bitcoin it will take an innovation beyond what bitcoin offered and for that i don't think there will be any in the near future.
Other altcoins may exceed the price of bitcoin because not a few altcoins whose prices compete very close to bitcoin...
I dont think there would be new coin to surpass btc specially in the near future maybe possible in 20 or more years from now lol. Even other altcoin surpass btc I still wont shift interest because if that time happen and I dont have that certain coin dont think there would still be too much significance if I buy cause thats too expensive already.
What will you do if some altcoin (XMR or ETH for example surpasses the value of BTC, either in market cap or by the price of a token each? Will you sell your BTC to buy the more "valuable" coin, or continue using and holding BTC? Also, what do you think are the chances that it could happen? I would like to hear your thoughts and opinions.
it wont happen no one cant surpasses the bitcoin because it is most powerful of all altcoins in the world
I think that is unlikely,
now the bitcoin price is too high and its utility is too common
I hope My comments can help you
now the bitcoin price is too high and its utility is too common
I hope My comments can help you
Impossible. Every other alt-coin is a substitute to BTC. Everything with BTC right now is well established and there's no possible chance that a newer coin will ever top BTC. It's the foundation.
Do you believe there is an Altcoin that can do that? I do not believe in that and I just believe Bitcoin will always be the king of the crypto market.
Anything is possible but Bitcoin currently enjoys a 10X price premium versus its closest competitor. Another coin, such as ETH could potentially overtake in in market-cap one day, but I still think that would be a few years off. Myself, I hold BTC as well as many of the popular alts, so I would probably continue to hold a variety of promising coins including BTC if it were to ever become dethroned.
ETH will likely be the one that over takes BTC in the marketcap. But that doesn't mean that ETH is actually being used for buying/selling goods and services. Many things on the ETH chain are for ICOs and people who raise money through ICOs get paid in ETH when they fundraise for it. This will see the balance of ETH going into programming teams/developers/businesses and other stuff like that.
It may actually create a scenario where in years from now most normal people don't have any balance of ETh because it is too much money. Similar to what would happen to BTC eventually. people sell out of their BTC at a certain point. If BTC is 1 million USD yeah I am selling out of it, taking that 1 million USD and investing in other things and other coins that can go to the moon.
Currently, I'd say it's not possible for any altcoin to overthrow bitcoin as the king of cryptocurrencies because of the market value of bitcoin.
Considering the chart, the value of bitcoin is about 8200 usd while the value of the closest competitor, which is eth, is just 376 usd. Looking at the difference in the value, we realize that it will take years of development on the part of these altcoins to overthrow bitcoin.
But if it does happen, as there nothing that's impossible, I will convert some of my bitcoins to the altcoin and make some investments with it.
Considering the chart, the value of bitcoin is about 8200 usd while the value of the closest competitor, which is eth, is just 376 usd. Looking at the difference in the value, we realize that it will take years of development on the part of these altcoins to overthrow bitcoin.
But if it does happen, as there nothing that's impossible, I will convert some of my bitcoins to the altcoin and make some investments with it.
I don't really think that any altcoin can surpass the value of bitcoin now. Not even half of the value of bitcoin any altcoin reached it. But there are possibilities that it will be gone if you are reading history. If history will repeat like what happen in 16th century, about the tulipomania. Where everyone in Holland began to collect tulip bulb and everyone selling it in high price. I hope BTC price up not just a mania. But I watched some videos that it will reach 50,000$ early next year. Let us just hope it will and will not crash.
What will you do if some altcoin (XMR or ETH for example surpasses the value of BTC, either in market cap or by the price of a token each? Will you sell your BTC to buy the more "valuable" coin, or continue using and holding BTC? Also, what do you think are the chances that it could happen? I would like to hear your thoughts and opinions.
At this current status of bitcoin its not possible as we know its the number 1 and trusted crypto of users.We dont know whats in the future but i think if theres a coin that can surpass it the next in line would be eth.
If that happens i wont sell my btc and will continue to support it but ill try to invest in the new one who surpassed it.
What will you do if some altcoin (XMR or ETH for example surpasses the value of BTC, either in market cap or by the price of a token each? Will you sell your BTC to buy the more "valuable" coin, or continue using and holding BTC? Also, what do you think are the chances that it could happen? I would like to hear your thoughts and opinions.
I think no one can replace in bitcoin because as far as now the value of bitcoin is continiously increasing and becamed more popular day by day so thats why some people investing in bitcoin it caused to bitcoin become more sttronger. Jump to: