Topic: What if Ethereum replaces Bitcoin someday? - page 12. (Read 8189 times)

and so it will continue in the future. Bitcoin will remain number one and no other currencies will be able to remove it from first place.

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.

I think this is really normal. If Ethereum were to replace bitcoin in the future, it would be a good sign that the power of manipulation has decreased significantly. because bitcoin is unmanaged and that is why many manipulative organizations come to it.
I hope this happens soon and the crypto market is developed in a "fresh & clean" way.

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.

same for me, that will never happen. eth is a total different species.
but did you know that the eth market cap was higher than the btc for a very very short moment once?

but eth has by far a strong support. there are lot of stats outside about that kind of fundamentals

Never going to happen, i am not even sure that in few years ETH will still be the second most popular crypto coin in the world because ETH smart contract is not helping at all, the problem of crypto is all on token scams here and there, ETH teams need to reconsider how users will start using its smart contract for the safest of investors

All the beginners are know the crypto currency, once they understand automatically they listen the Bitcoin and Ethereum, In crypto platform Bitcoin will always stay in a top region so it will never go to anywhere and we don't need any replacement for Bitcoin.
I hope both are survive on forever and nothing will replace these two coins.

If ethereum replaces bitcoin someday I think this would be good assuming that the ethereum will grow big like bitcoin. If this happens bitcoin and ethereum become close when it comes to its volume and price I assume that the market will also grow big. But as of now I don't think that the ethereum will replace and dominate bitcoin for now, maybe for the next 2-10 years? Who knows if this would happen or not.

It isn't impossible for Ethereum to surpass Bitcoin in the future since it's already being used as a mode of payment, it only needs massive adoption. However, for it to surpass Bitcoin, it still needs to undergo a lot of things. We all know the capability of Bitcoin to stay on top so Ethereum needs to reach the achievements of Btc first.

in the near future it will not be possible to replace bitcoin by ethereum for now, ethereum does have several uses for better but it's still lacking in love for crypto users. there are still many beginners who still come in crypto, they don't yet understand about alotcoin other than bitcoin they know

I think HPB is going to replace it.  It has one of the highest TPS and hardware nodes.




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Agree, compared to bitcoin, maybe ethereum is better for some people because it has a smart contract that allows people or companies to make utility tokens or security tokens. But investors invest in bitcoin because of trust and not everyone believes ethereum is able to compete with bitcoin in terms of price and market value

I think not, if talking about technology maybe Ethereum has a very good platform.
There are many projects that participate in using the Ethereum smart-contract and have a large community.
Can Ethereum replace Bitcoin? I think no, bitcoin is still the king cryptocurrency.

Not possible. Bitcoin will remain as the biggest cryptocurrency. I am not saying it is the best in terms of features or tech but no coin can replace Bitcoin in the cryptocurrency market. Ethereum is a close follower however you can see what happens to Ethereum when BTC increases a little. The domince will decline a little but it will not go below %50.

I do not think ETH can replace BTC, BTC more popular, and trusted than ETH from point of view a lot of people.

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.   

I do not think Ethereum could surpass Bitcoin even though Ethereum have a lot of uses and made some development on their own blockchain because almost all of the early adopters of crypto have strong belief in Bitcoin as it was fully decentralized so whatever Ethereum gain will just add to Bitcoin's popularity.

That's certainly true, mate. Ethereum may have far more advanced features than Bitcoin itself. But the latter has been the very first cryptocurrency in existence. Without Bitcoin, altcoins wouldn't been born. One key difference between both Bitcoin and Ethereum, is the supply model. The pioneer cryptocurrency has a deflationary model where no more than 21 million coins will ever be mined. In contrast, Ethereum has an unspecified maximum supply that could lead it towards constant inflation over time. Because of this, I believe that Ethereum might never be able overcome Bitcoin in the future. Bitcoin's market cap is way bigger than that of Ethereum and other altcoins on market. Ethereum would need to gain a massive boost in price, while Bitcoin remains in decline for it to be able to topple the largest cryptocurrency in the world.

But this is very unlikely to happen, whereas Ethereum will do better as a complement of Bitcoin for years to come. It'll be interesting to see how everything unfolds in the future as both cryptocurrencies improve towards unparalleled scalability. By then, Bitcoin would become big enough as a financial system for people looking for censorship-resistant transactions, while Ethereum would become the go-to platform for decentralized applications. Whereas Bitcoin cannot fulfill certain tasks, Ethereum will (and vice versa). It's good to know that the Ethereum development team and community have been dedicating themselves into the project to make it as strong as Bitcoin in the future. While most altcoins will die in the end, Ethereum will remain as a viable alternative to the Bitcoin blockchain for many generations.

Nonetheless, with many scalability upgrades coming into both Bitcoin and Ethereum, they'll surely dominate the whole Blockchain industry as we know it. Ethereum has a long way to go before it's widely adopted among businesses, corporations, and even governments worldwide. Still, it'll be one of the few cryptocurrencies that will stay active within the mainstream world no matter what. Just my opinion

I even believe that even when bitcoin is a major failure, eth is irreplaceable when it does not create enough trust for everyone and at the time, everyone's suspicion of crypto was high because the leader who seems to be the champion has failed, can they trust the latecomer like eth or not? However, this case is unlikely to happen when bitcoin is an important part of this network, it collapses, eth will also be uncomfortable to be able to go up, and mostly investors will support bitcoin, eth will be hard to overcome the community

Whether ETH is better than BTC in many ways but still it can't replace it anyhow. BTC would still be the top choice as it had gained too much popularity and as compared to ETH it has a huge market cap. For ETH to replace BTC, BTC needs to fail very badly or if people all together starts to dump this coin, but I don't think that's going to happen anywhere in the future...