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Topic: What if Ethereum replaces Bitcoin someday? - page 11. (Read 8194 times)

sr. member
Activity: 1498
Merit: 326
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I think its not about marketcap at all, cause if we compared it to btc clearly still far from reality, however I'm a fan of ethereum and seeing its continuously developing its network with lots of progress I can still see s bright future for it even though closer to btc price is already an achievement. It's not about position but the clarity and usefulness of a platform.
legendary
Activity: 1722
Merit: 1014
Don't think ethereum will ever replace bitcoin, these two projects are too different in my opinion. Bitcoin is like crypto gold, ethereum is like crypto dollar. They play different roles and don't compete with each other.
member
Activity: 176
Merit: 10
Ethereum will never replace bitcoin because of only two things which are "trust" and "decentralization". people trust bitcoin more than any other altcoin out there. when we are talking of decentralization, ethereum is not decentralized like bitcoin. bitcoin is fully decentralized more than any other altcoin in the world
hero member
Activity: 1568
Merit: 511
No and never
If that happen it seems really weird to be honest

I mean Although BTC doesn't have a smart contract platform, tx speed is slow
However, Bitcoin still hold a strong dominance in the crypto market and the financial market

Tons of people who are not in the crypto market actually respected the position of Bitcoin as #1
So i don't see it getting replaced
member
Activity: 840
Merit: 17
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To be honest, I want that to happen as well. However in reality, it will take ages. There should be some basis for ETH to replace BTC which I dont see it at this moment.
full member
Activity: 868
Merit: 104
ETH will follow bitcoin with respect to price for sure. But I am not sure about ETH replacing BTC. This is more of psychological thing. However ETH adoptation is at its maximum when compared to BTC. This might give edge to ETH to replace BTC but it will take another 10 years atleast.
sr. member
Activity: 742
Merit: 251
Ethereum will never touch the price of bitcoin. It is doubtful if eth can ever cross $1000. It's like a dream that eth will ever come close to bitcoin prices. Ethereum developer is trying their best to reach in a good position. I expect ETH to get to a good position but ETH will never be able to replace BTC.
full member
Activity: 854
Merit: 104
You know what? you are forgetting something which is TRUST! People trust bitcoin more than any other cryptocurrency in the world because bitcoin is the first truly decentralized currency yet the most popular crypto in the world while ETHEREUM is centralized unlike bitcoin and second in popularity compared to bitcoin as well. Even if that would happen it is going to take more than 20 years minimum.   
Believe that trust can change within a few days. Including confidence in bitcoin. Therefore, you should not go for a popular name, you need to go for advanced technology. Therefore, the argument that bitcoin is now trusted the most does not sound convincing to me at all.
As for ethereum's possible leadership, it could be. It is also likely that a coin may appear at all, about which we have not yet heard, and that it can be one of the following leaders. I say this because I am absolutely sure that in the future there will not be a pronounced leader after bitcoin. There will be several leaders at once, but none of them will have price dominance in the cryptocurrency market. Moreover, not applicants for leadership will rise in price, but bitcoin will lose it over time.
legendary
Activity: 2464
Merit: 2094
I doubt it will be replaceable in terms of altcoins, maybe in other method of usage like in paying or doing transcations but in altcoins its still way too far among other alts, eth can be surpass by XRP but BTC can still be in the top as long as no new alternatives will be involved like how some stocks and forex holderd shift in crypto before.
The dominance of bitcoin in the crypto market is no doubt. Bitcoin holds the market control with the highest trading volume.
But will dominance not be matched by ETH?
In my opinion, nothing is impossible in this world. It's just that, for the bitcoin market volume does not seem to be easily rivaled by other altcoins even though it's ETH. The world is increasingly advanced, and digital technology will continue to develop so that on the other hand I think people will not be surprised if indeed one day bitcoin will be replaced by ETH through trading volume.
hero member
Activity: 1974
Merit: 502
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Even though it is not ethereum, bitcoin will get replaced in the future for sure. Bitcoin is just like the mobile brand called Nokia where they are the pioneer of the market of cellphone and the smartphones came and they dominate the market and eventually, they replaced Nokia from being one of the best seller and Nokia is just a part of the history of cellphones.
I doubt it will be replaceable in terms of altcoins, maybe in other method of usage like in paying or doing transcations but in altcoins its still way too far among other alts, eth can be surpass by XRP but BTC can still be in the top as long as no new alternatives will be involved like how some stocks and forex holderd shift in crypto before.

Nothing beats bitcoin as long as more community of crypto still supports bitcoin as their mode of exchange. Just like with ethereum it has it's own circulation of contracts like the platform it has, and now getting slow to increase because those token value declined after bearish trend worsen. If given some opportunity that eth will be near competing bitcoin's legacy, that's a big help for other coins backed up by ethereum to obtain higher market value.
hero member
Activity: 2086
Merit: 553
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Binance in addition to focusing on developing the exchange, if I see it now, there are many altcoins who also swap into the Binance Chain. it is not impossible that indeed Binance will provide many surprises in the cryptocurrency market. because indeed there are many surprises here and no one can guess the direction of the market or the development of the project in the future
sr. member
Activity: 1190
Merit: 306
When Ethereum replaced Bitcoin from market value, it represented the arrival of the new blockchain era.
No, not really.  You put too much weight on market cap, nor is there a 'new blockchain era'.

Yes, there were some points wherein Ethereum is superior than Bitcoin, but we can't deny the fact that Bitcoin has been the father of crypto
ETH has features that bitcoin does not have, to be sure, but look at all the worthless tokens that have been created on the ETH blockchain.  To date, that functionality has been misused and underutilized for what it could be doing.  Bitcoin is king of crypto and I think it always will be.  It was the first crypto and has the strongest community of supporters, and that cannot be understated. 

ETH certainly has a strong community, but it's nowhere near the size of bitcoin's.  Thus I don't think bitcoin is ever going to be usurped by any other coin, not just Ethereum.

Not going to happen in my opinion, because BTC has shown that it is the only coin that has liquidity and is popular enough among investors to survive in every market.
Good point about liquidity, which sort of relates to a strong community.  ETH doesn't suffer the problem of being illiquid, but many other coins of lesser quality do.
hero member
Activity: 2954
Merit: 796
Even though it is not ethereum, bitcoin will get replaced in the future for sure. Bitcoin is just like the mobile brand called Nokia where they are the pioneer of the market of cellphone and the smartphones came and they dominate the market and eventually, they replaced Nokia from being one of the best seller and Nokia is just a part of the history of cellphones.
I doubt it will be replaceable in terms of altcoins, maybe in other method of usage like in paying or doing transcations but in altcoins its still way too far among other alts, eth can be surpass by XRP but BTC can still be in the top as long as no new alternatives will be involved like how some stocks and forex holderd shift in crypto before.
sr. member
Activity: 1246
Merit: 252
This cannot happen in the future. I have been involved in the cryptocurrency market since 2013 and the value of bitcoin has always been top 1. After many dump stages, BTC still holds very high value, unlike ETH, bitcoin owns the first blockchain technology.
Ecosystems that have been formed at this time will not be replaced by ethereum and in my opinion if there will be changes then what happens is that the system of cryptocurrency will experience significant changes including changes in prices and altcoin is experiencing price noise.
full member
Activity: 756
Merit: 101
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Yes, I also think so, that the Ethereum platform is superior than Bitcoin. I think Bitcoin is only a digital payment instrument, whereas Ethereum has a smart contract. I think in the future Ethereum can be superior than Bitcoin in terms of market capitalization.
you're wrong. Bitcoin also has the ability to create smart contracts, but now it is not yet technically prepared. Bitcoin blockchain will be used for smart contracts in the future
member
Activity: 287
Merit: 10
Yes, I also think so, that the Ethereum platform is superior than Bitcoin. I think Bitcoin is only a digital payment instrument, whereas Ethereum has a smart contract. I think in the future Ethereum can be superior than Bitcoin in terms of market capitalization.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
If ethereum will going to replace Bitcoin soon or someday the crypto Market will going strong and it will bring more investors and many more will enter crypto world again because its the time that profit making is very nice and a good situation to make it.
the fact is that only those people who are inside of the market and believe in cryptocurrency see this good opportunity for making profit, but other people consider this market in not good for investment
sr. member
Activity: 541
Merit: 250
If ethereum will going to replace Bitcoin soon or someday the crypto Market will going strong and it will bring more investors and many more will enter crypto world again because its the time that profit making is very nice and a good situation to make it.
sr. member
Activity: 1876
Merit: 289
Zawardo
I don't think ethereum will replace bitcoin someday, but if this really happens maybe more people are getting interest to invest in ethereum and this will pump the price for sure, but in order to achieve to become top 1 or to replace bitcoin., ethereum should rise up more the marketcap.
copper member
Activity: 280
Merit: 1
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Not going to happen in my opinion, because BTC has shown that it is the only coin that has liquidity and is popular enough among investors to survive in every market. On the contrary ETH has shown that it is not competitive.
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