Topic: What if Bitcoin is overtaken by Ethereum in market cap? (Read 549 times)
IMO, I think it's not going to happen even in the next five years time because there are many factors to be considered before that so-called flip will happen, for example, the total supply can be also a factor because Bitcoin has only 21 million fixed supply and Ethereum will be a hundred of millions more so that simple data can be one of the major reason why it will not happen.
No one can predict with certainty whether it will happen or not, because we will not know what will happen in the future.
Bitcoin is still 2 times bigger than Ethereum and now Bitcoin will take Ethereum as a serious competitor here.
So I think Bitcoin's profit in the future will be greater than Ethereum and Ethereum is only able to compete but will not replace it and this story has been around for a long time and until now has not happened because it is only able to compete.
Bitcoin is still 2 times bigger than Ethereum and now Bitcoin will take Ethereum as a serious competitor here.
So I think Bitcoin's profit in the future will be greater than Ethereum and Ethereum is only able to compete but will not replace it and this story has been around for a long time and until now has not happened because it is only able to compete.
Although it may be possible, but the possibility is very small. The cap of BTC and ETH are far enough, ETH is only about a half of BTC. Additionally, Bitcoin is the first and the most valuable crypto asset. So, I will think that everyone moreover BTC holder will never let other cryptocurrencies to pass its market cap. Although Ethereum will also grow and rise up its market cap, BTC will also do the same.
And we have known so far, some coins also always state about the next Bitcoin, the one that can pass Bitcoin and others. They may pass in the price, but will not be longer such as YFI, and they cannot still also pass the market cap of Bitcoin itself.
And we have known so far, some coins also always state about the next Bitcoin, the one that can pass Bitcoin and others. They may pass in the price, but will not be longer such as YFI, and they cannot still also pass the market cap of Bitcoin itself.
as crazy as it seems, ETH's marketcap is increasing a lot every day now it's us:
BTC = $885,524,198,420
ETH = $447,374,809,482
source: https://coinmarketcap.com/
at this rate in a few years ETH may be number 1, but that won't be the end of the world, but we also have to take into account that if many projects disappear then this ETH marktcap may not be able to surpass bitcoin
BTC = $885,524,198,420
ETH = $447,374,809,482
source: https://coinmarketcap.com/
at this rate in a few years ETH may be number 1, but that won't be the end of the world, but we also have to take into account that if many projects disappear then this ETH marktcap may not be able to surpass bitcoin
On the one hand, I see that it is possible for Ethereum to overtake Bitcoin as it is more innovative and it is capable of performing much more functions than Bitcoin. On the other hand,people trust Bitcoin more than any other currencies, they use it not only as investment,but also as a means of payment, so I it gains more and more popularity within time. The question is whether this tendency will continue or not.
It does not matter at all if ethereum can do one thousand different things and bitcoin only one, bitcoin can do that one thing in a masterfully way and that is more than enough for bitcoin to remain at the top, we are in times of crisis and what it is needed more than ever is a strong and hard currency, and bitcoin does exactly that, so the demand for bitcoin will always be there as there is no coin that is anywhere near bitcoin when it comes to adoption, while ethereum could always lose some ground against new coins that do in a better way some of the things it does. I see it only as speculation that will not happen, because in my opinion even if eth will take over power over bitcoin it doesn't feel like it will last long, because it has been a long time since bitcoin was born and until now no other type of coin has been able to beat Bitcoin's market cap is number one, bro.
It is precisely because bitcoin has been the number one cryptocurrency for too long that this can happen. Bitcoin is now the slowest in transactions of all cryptocurrencies. He also has one of the most expensive. Ethereum addresses the same flaws with an unprecedented upgrade for a year now, including the move from PoW to PoS. This could allow ethereum to bypass Bitcoin in terms of capitalization. Already this year, ethereum is showing good results, including a 230 percent price increase over Bitcoin.
Bitcoin and Ethereum share similar feature of being a cryptocurrency but they have their peculiarities, while Bitcoin is basically used for transactions and store of value, Ethereum's main selling point is it's usage for deploying smart contract tokens.
Although marketcap is useful in introducing newbies to Cryptocurrency, old timers are still very familiar and still use coins such as Monero, Zcash, Dash, Tron, etc that used to be top coins but are no longer in the top 20.
Bitcoin will continue to serve it's purpose irrespective of it's marketcap leadership status.
Although marketcap is useful in introducing newbies to Cryptocurrency, old timers are still very familiar and still use coins such as Monero, Zcash, Dash, Tron, etc that used to be top coins but are no longer in the top 20.
Bitcoin will continue to serve it's purpose irrespective of it's marketcap leadership status.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
I see it only as speculation that will not happen, because in my opinion even if eth will take over power over bitcoin it doesn't feel like it will last long, because it has been a long time since bitcoin was born and until now no other type of coin has been able to beat Bitcoin's market cap is number one, bro.
And until now there has been no other coin that has been able to beat the Bitcoin market cap because Bitcoin has a very large market cap and its value often experiences spikes in the market which makes it difficult for its competitors to overtake it in the top positions.
This will not have a big impact on Bitcoin. Bitcoin plays the role of a giant in cryptocurrency. Now the development of Ethereum is indeed getting better and better, but Bitcoin is also developing for the better. If Ethereum surpasses Bitcoin, the usage rate of Bitcoin may be lower than it is now. But some people will still choose Bitcoin.
If that happens anytime soon. Then the real crypto war would begin. And only those with good fundamentals will succeed, meme coins like DOGE and SHIB will be gone. IMHO.
I'm ready, my portfolio is full-packed with low mcap altcoins with high possibility to go to top 100. $URUS and $CHAIN are currently my favorite along with $ARNX and $ASM
I'm ready, my portfolio is full-packed with low mcap altcoins with high possibility to go to top 100. $URUS and $CHAIN are currently my favorite along with $ARNX and $ASM
Well possibly, not gonna happen this time but has chances to happen in the future.
Of course, it won't happen in the near future. That's why not worth talking about it now. Although Ethereum market cap is almost passed Bitcoin market cap, doesn't mean to happen soon.But it will be a real opposition on the vision of satoshi as bitcoin will always take the lead and altcoins will only serve as an alternatives.
Is Satoshi vision to make BTC always leading all crypto coins? I think Satoshi has no problem if any altcoin can pass BTC market cap. In addition, once ETH market cap can pass BTC market cap, doesn't mean ETH becomes the opposition of BTC.
This is the hope of users and investors, if there is a coin that beats bitcoin it will make the market less dependent on bitcoin performance, as we know that currently the price of altcoins is very dependent on the price of bitcoin.
BITCOIN is the mother of all cryptocurrencies. he is the first digital currency with a target to shift the position of cash.
and a few years after that, new coins emerged that wanted to touch the market capitalization of bitcoin, indeed at that time there was not a single coin that could touch the market capitalization.
But it is undeniable that with the rapid development of technology, it is not impossible that altcoins will one day replace bitcoin
There are some coins that may have the opportunity to overtake bitcoin in a number of ways, such as functionality, sustainability, speed and volatility.
There are some coins that are best positioned to replace bitcoin in some ways
Among others are :
1. In terms of functionality: Ethereum (ETH)
2. In terms of speed: Solana (SOL)
3. In terms of sustainability: Cardano (ADA)
4. In terms of volatility: Digital dollar
Bitcoins will last a long time,may no longer be valuable, or vice versa. we will see together in the future
and a few years after that, new coins emerged that wanted to touch the market capitalization of bitcoin, indeed at that time there was not a single coin that could touch the market capitalization.
But it is undeniable that with the rapid development of technology, it is not impossible that altcoins will one day replace bitcoin
There are some coins that may have the opportunity to overtake bitcoin in a number of ways, such as functionality, sustainability, speed and volatility.
There are some coins that are best positioned to replace bitcoin in some ways
Among others are :
1. In terms of functionality: Ethereum (ETH)
2. In terms of speed: Solana (SOL)
3. In terms of sustainability: Cardano (ADA)
4. In terms of volatility: Digital dollar
Bitcoins will last a long time,
On the one hand, I see that it is possible for Ethereum to overtake Bitcoin as it is more innovative and it is capable of performing much more functions than Bitcoin. On the other hand,people trust Bitcoin more than any other currencies, they use it not only as investment,but also as a means of payment, so I it gains more and more popularity within time. The question is whether this tendency will continue or not.
If ever ETH flipped BTC, only means one thing to me, altcoins with great fundamentals will go parabolic. Why? simple because big investor will not hesitate to invest in these small and new projects.
I'm looking x100 for URUS, CHAIN and $ANRXfor 2022.
I'm looking x100 for URUS, CHAIN and $ANRXfor 2022.
Investors, whether they are beginners or seniors, already know when to open a position and queue to trade, hands-on experience is more important.
Bitcoin is indeed the parent in popularity, market capitalization / trend mover and so far bitcoin is still number 1 before ethereum. although not all crypto follows the bitcoin trend.
It doesn't matter because Ethereum is worth it, but the activities (takers/makers we can see in the market) are transparent and measurable.
Is there a website link that discusses the capitalization of gold to silver as you mentioned?
I will study.
Bitcoin is indeed the parent in popularity, market capitalization / trend mover and so far bitcoin is still number 1 before ethereum. although not all crypto follows the bitcoin trend.
It doesn't matter because Ethereum is worth it, but the activities (takers/makers we can see in the market) are transparent and measurable.
Is there a website link that discusses the capitalization of gold to silver as you mentioned?
I will study.
This has been wondered at for a very long time due to ETH smartcontract plartform, ETH no more has the monopoly to smartcontract usability. Infact we have SOL, AVAX, LUNA, BSC, Polygon taking a dive at the ETH marketcap. BTC will remain the king, a project is working on BTC smartcontract that I think is STX coin.
Or any other alt coin for that matter? I'm wondering if and how it would damage/tarnish Bitcoin's reputation as the Gold standard of all cryptos. I believe it may also affect how institutions view bitcoin, and it may even affect the idea of digital scarcity. No longer can we assume that bitcoin (or its usurper) will remain #1 forever, so how can you imagine it as a safe long term store of value or preserver of wealth? Is the idea of true digital scarcity threatened if bitcoin loses it's #1 rank?
For example, I imagine it would be like silver flipping gold's market cap, (which is practically unthinkable) however, this event would forever alter how gold is perceived, especially by new potential investors.
For example, I imagine it would be like silver flipping gold's market cap, (which is practically unthinkable) however, this event would forever alter how gold is perceived, especially by new potential investors.
What if silver goes up or loses value do people still believe in precious metals, yep. Bitcoin might take a lump or two and something might overtake it in mcap shortly but in the long run most of the garbage in the "top 50" will be found to be unnecessary let along things like meme coins lol
Even we may expect about the chance of Ethereum beating Bitcoin market cap, in fact, it is still far away. We see that right now, the ETH market cap is only about 50% of Bitcoin's. So, this still needs much time to do it. And during the days, Bitcoin market cap will be also increasing.
And we need very big news or reason why Ethereum can defeat Bitcoin market cap.
And we need very big news or reason why Ethereum can defeat Bitcoin market cap.
Or any other alt coin for that matter? I'm wondering if and how it would damage/tarnish Bitcoin's reputation as the Gold standard of all cryptos. I believe it may also affect how institutions view bitcoin, and it may even affect the idea of digital scarcity. No longer can we assume that bitcoin (or its usurper) will remain #1 forever, so how can you imagine it as a safe long term store of value or preserver of wealth? Is the idea of true digital scarcity threatened if bitcoin loses it's #1 rank?
For example, I imagine it would be like silver flipping gold's market cap, (which is practically unthinkable) however, this event would forever alter how gold is perceived, especially by new potential investors.
For example, I imagine it would be like silver flipping gold's market cap, (which is practically unthinkable) however, this event would forever alter how gold is perceived, especially by new potential investors.
I don't think so bitcoin loses the current rank it has, being the #1 with biggest subscribers who've been holding huge quantities; that's impossible eth would overtake btc. Many people said mere perspectives, but that doesn't give them fears over as they all knew how strong is the Bitcoin community was. Potential news investors relied with how a coin run through years, and Bitcoin had been through a lot of rising and falling scenario so it's by trend the value depends.
Jump to: