It is only natural that many people think that someday Ethereum can replace Bitcoin. And I personally would be very pleased if Ethereum could replace Bitcoin. But of course, this is not a very easy job. To date, Bitcoin continues to dominate the market and is less likely if Ethereum replaces Bitcoin.
If Ethereum continues to evolve and continues to be the number two coins, I think in the future the opportunity to replace Bitcoin is very open wide.
Topic: What if Ethereum replaces Bitcoin someday? - page 23. (Read 8189 times)
If this will happen then we will simply move to Ethereum investment as it will become the most trusted and the most potential crypto currency in the market to make more money for us but i think no Altcoins can ever supersede Bitcoin as it already build a deep foundation of trust among the crypto users that even it has no commodity to introduce but still it is the most trusted crypto currency.
If it is possible for ethereum to beat bitcoin, then it will be possible for the least altcoins in the market to beat ethereum also, that shows the gap that is between bitcoin and ethereum. We need to understand the popularity of bitcoin, in my country, majority of people here don’t even know much about Ethereum, every investment you see people in this country have is majorly in bitcoin.as a student, I conducted some research amongst my mate and some external people, and you will see that virtually all the campus students has heard of bitcoin, and when you ask of ethereum, majority of them virtually have no clue of what it is. All my years that I have spent in cryptocurrency, I have only invested in bitcoin and some altcoins, but the ethereum itself, I have never invested in it personally.
The dominance, popularity, volume and investor confidence are all relative and volatile. This can all change in cryptocurrency in a few days. As some here correctly refer to one Jewish proverb, one should not follow the crowd. Therefore, it’s best not to bet on the coin on which the majority puts, especially, only on one specific coin, no matter how promising it seems.
As for ethereum, then everything can be. Any coin can be replaced with another one in the future, bitcoin still has some immunity, however, in the long run, everything is possible.
As for ethereum, then everything can be. Any coin can be replaced with another one in the future, bitcoin still has some immunity, however, in the long run, everything is possible.
Agree. For what I know, no crypto is safe on the market. Every cryptocurrency's place on the market, can be taken by another crypto with greater popularity and usage than it. If Ethereum becomes more actively used and traded than Bitcoin itself, there's a probability that it could "flip" the pioneer cryptocurrency someday. Technically this seems impossible since Ethereum's supply is virtually unlimited. But considering that crypto behaves in strange and bizarre ways, anything could happen. I've seen altcoins with no real use cases being pumped in price until they outpace others in terms of market cap. The same situation might happen with Ethereum as it experiences a boom in demand and adoption with its wide variety of dApps, and most of all, unparalleled scalability.
Despite this, one would prefer that both cryptocurrencies remain in the way they are right now. Ethereum does fine as the world's second-largest cryptocurrency by market cap, being a complement to Bitcoin in every way. In areas where Bitcoin cannot fulfill certain tasks, Ethereum fills the gaps. If we were to make a comparison between both cryptocurrencies, we could say that Ethereum is the "Gas" or "Oil" of crypto land, while Bitcoin is the "store of value" or "digital gold" of cyberspace. One quick shift in price, and market capitalizations could change in a blink of an eye.
Nonetheless, Ethereum replacing Bitcoin could present drastical changes to the entire crypto industry. Bitcoin's popularity will decline, while its status of reserve cryptocurrency of the market will be no more. All the eyes will shift towards Ethereum bringing a huge wave of merchants, businesses, and individuals alike while Bitcoin will be overlooked by many. But we all know, that this is very unlikely to happen in the future. Just my opinion
I highly doubt that this will happen anytime in the future. so for me there is not the question "what if"
i think eth will go down in value like its already happen. vitalik has not a good impact on eth anymore. this guy cannot be taken serious.
i think eth will go down in value like its already happen. vitalik has not a good impact on eth anymore. this guy cannot be taken serious.
Ethereum, being the world's second largest cryptocurrency by market cap, has all the potential of replacing Bitcoin in the future. It's more than just a cryptocurrency, being a platform for the development and execution of smart contracts (aka dApps). With ETH, it's possible to launch alternative cryptocurrencies without the need to start a Blockchain from scratch. It's also possible to use the ETH blockchain for other purposes such as voting, proof of identity, verification of documents, and more. In contrast, Bitcoin's only use is for finance where it cannot be implemented in other areas by its own.
Given all of the benefits Ethereum provides on top of Bitcoin, it makes me wonder whenever it'll be able to replace the pioneer cryptocurrency within the future? As long as, Ethereum keeps progressing in development and mainstream acceptance, it'll be much closer to Bitcoin every step of the way. What are your thoughts?
Given all of the benefits Ethereum provides on top of Bitcoin, it makes me wonder whenever it'll be able to replace the pioneer cryptocurrency within the future? As long as, Ethereum keeps progressing in development and mainstream acceptance, it'll be much closer to Bitcoin every step of the way. What are your thoughts?
I think this is something unlikely and impossible, because simply if bitcoin goes up in price, Eth follows it in the same way, if bitcoin goes down in price, Eth goes down much more, that is, Eth depends directly on Bitcoin, everyone always looks in some way have Eth or Tokens, even other cryptocurrencies and then be changed to BTC and thus quote for USD or Eur.
Well, future is pretty much unpredictable here and I am totally lost in market's possible outcomes. Sure, BTC doesn't have to stay number one forever, but there are many coins aspiring to take its place. ETH has a strong community behind it, however, never underestimate your opponents. Many platforms are attempting to bring even better possible solutions towards being accepted worldwide. My answer? Diversify and hopefully it will be all right at the end 
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This is unimaginable, very difficult to happen, if anything bad happens to bitcoin, the whole crypto space will suffer. Ethereum doesn't seem like a threat to bitcoin at all. Ethereum should be struggling with bch and bnb.
No way at all. Rather Ethereum can be replaced by other coins like Bitcoin Cash or Binance coin! Bitcoin is the king, the base of the cryptocurrency, without the base, the platform will die! Bitcoin is dominating the crypto market over 60% where Ethereum has 6-10%! There will be no "What if" words between BTC and ETH! A lot of people don't like Ethereum, they call it a shitcoin. But everyone loves Bitcoin!
Where will it start from in replacing Bitcoin? Is it in terms of the market cap or in terms of investors or its community, where actually? The truth is, most people love Bitcoin and feels safe with it more than any other coin, could be as a result of no team or otherwise.
There is no doubt, Ethereum is a good coin and have proven its worth overtime but replacing Bitcoin won't be possible even in the near future.
There is no doubt, Ethereum is a good coin and have proven its worth overtime but replacing Bitcoin won't be possible even in the near future.
Ethereum may be better than Bitcoin in many ways, but in the near future Bitcoin is irreplaceable. Ethereum has an unstable supply, so its value cannot rise too high. Bitcoin has a fixed supply and has a huge support community.
It's possible that Ethereum or XRP will replace Bitcoin.
Its not impossible one day eth could replace bitcoin, the popularity of eth is also not too bad, but eth still need to develop although it is being used for smart cobtract and a lot of project, the value and the real usage in daily life still limited, for me any coin that could bring better life then it is a good coin no matter it is going to be btc, eth or any coin
Ethereum, being the world's second largest cryptocurrency by market cap, has all the potential of replacing Bitcoin in the future. It's more than just a cryptocurrency, being a platform for the development and execution of smart contracts (aka dApps). With ETH, it's possible to launch alternative cryptocurrencies without the need to start a Blockchain from scratch. It's also possible to use the ETH blockchain for other purposes such as voting, proof of identity, verification of documents, and more. In contrast, Bitcoin's only use is for finance where it cannot be implemented in other areas by its own.
Given all of the benefits Ethereum provides on top of Bitcoin, it makes me wonder whenever it'll be able to replace the pioneer cryptocurrency within the future? As long as, Ethereum keeps progressing in development and mainstream acceptance, it'll be much closer to Bitcoin every step of the way. What are your thoughts?
Given all of the benefits Ethereum provides on top of Bitcoin, it makes me wonder whenever it'll be able to replace the pioneer cryptocurrency within the future? As long as, Ethereum keeps progressing in development and mainstream acceptance, it'll be much closer to Bitcoin every step of the way. What are your thoughts?
I'm a huge fan of ethereum, prefer transacting with it to bitcoin. But the truth is, the whole vision of satoshi Nakamoto of creating a decentralized financial system was laced in bitcoin. It will always be the number one digital currency.
And talking about the various potentials of ethereum such as smart contracts, support of dApps proof of identity and verifications, lots of other blockchain startups have emerges with all these features which allows other projects to migrate to blockchain without starting from the scratch. Ethereum might be the pioneer of the whole idea but the market is not monopolistic.
Bitcoin will always be the king. My opinion though
It can not be even in your wildest dream as we all know bitcoin is pioneer among all the altcoin and that's why they call it "BITCOIN" eth will become number 2 as always even if you research the history and besides try to make new org like ethtalk.org and then make an icon also.
Ethereum seems to be better than bitcoin in terms of technology , but in the cryptosphere, that may not matter much. If we consider bitcoin only as an element of capital accumulation, then people use it much more willingly.
ethereum technology is out dated and they are not evolving fast enough to keep up with other projects creating faster and more easier to user blockchains for developers
Fix ETH scalability first before thinking to dethrone BTC.Also, Vitalik have huge amount of ETH that can control it's price movement.
Well, the chances of it to happen is very low although I don't remove the possibilities that it can happen in the future.
In terms of technology, Ethereum has a better technology compare to Bitcoin. In terms of tx speed and fees, ETH is excelling on that part but in terms of market cap Bitcoin is on top. They are good coins in different parts. I'm holding both of them and they are making ~80-85% of my total portfolio.
In terms of technology, Ethereum has a better technology compare to Bitcoin. In terms of tx speed and fees, ETH is excelling on that part but in terms of market cap Bitcoin is on top. They are good coins in different parts. I'm holding both of them and they are making ~80-85% of my total portfolio.
I don't think that will happen, but it is possible that in the future ETH could be the first when something bad happens to BTC. but if that happens, then there is a big possibility that the crypto market will suffer a big blow and even more likely, this market will be dying.
We have seen many failed flippenings. And probably we will not see any successful one and why? Because Ethereum doesn't have something what Bitcoin has - the true decentralization. When you think about it, noone will invest a lot of money into one name - Vitalik Buterin.
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