Topic: What if Ethereum replaces Bitcoin someday? - page 24. (Read 8194 times)
Yes i agree. From all of altcoins out there, the one that's the closest to be in bitcoin place in ETH. But even so, Ethereum still can't beat bitcoin and take over the number one place. But however, we can't deny the fact that ETH is slowly becoming as popular as bitcoin, and i can even say it's very popular already although it can't beat bitcoin yet. The value is quite high as well, and it has a great potential. All of your statements above is true, i really agree with them. Maybe one day it may happens where ETH take over bitcoin, but i think it will still take a long time since BTC domination is no joke and it won't be easy to change it in a short term.
XRP has a few times surpassed ETH, which made us realize that ETH could be replaced by other currencies.
However, with BTC, it cannot be replaced. Bitcoin is our first blockchain, the mystery of its birth is still a mysterious number.
It has a very strong community
However, with BTC, it cannot be replaced. Bitcoin is our first blockchain, the mystery of its birth is still a mysterious number.
It has a very strong community
The things you mentioned are absolutely correct but the thing is that BItcoin has a market dominance that is way more than ETH. It has the best value as of now and the rest of the cryptos even the ETH has to beat it by a huge margin that is too much of a stretch to achieve if you ask me. I am myself an ETH holder, but the fact about the dominance of BTC is just too much.
Bitcoin will be very difficult to replace. It has a huge community and support. Of course, it is not perfect, but since it was the first cryptocurrency, it gives it great advantages.
it seems impossible, ethereum is still far from bitcoin when compared in terms of price, maybe ethereum can only compensate for ranking in the market and not ethereum's time to replace bitcoin in terms of price or position.
Ethereum is having its own issues right now, such as the volatile transaction fee and issues with security. On top of that, the usage has declined ever since the ICO bust. First let ETH sort out its issues. After that we can talk whether it will be able to overtake Bitcoin or not. Personally, I don't see ETH coming anywhere near BTC in the next 10-15 years.
if we talk about cryptocurrency, then what people will think of is bitcoin, bitcoin has great confidence from investors to invest. especially for current market conditions that are difficult to predict, of course people will choose bitcoin to invest. therefore I think it is difficult for ethereum to outperform bitcoin, especially for the near future
ETH is having so many issues and i think bitcoin is getting more stronger day by day so bitcoin will remain king and may be eth will below to top 5 .i can see lots of big project doing really well 
Ethereum is having its own issues right now, such as the volatile transaction fee and issues with security. On top of that, the usage has declined ever since the ICO bust. First let ETH sort out its issues. After that we can talk whether it will be able to overtake Bitcoin or not. Personally, I don't see ETH coming anywhere near BTC in the next 10-15 years.
If ethereum will someday replace bitcoin is a new thing in cryptocurrency, technology is increasingly growing rapidly it is not possible that altcoin cannot defeat bitcoin, but it takes a long time and must have high values too
It is correct that ETH is the second-largest cryptocurrency of this market but Bitcoin has no competition with any coin and no coin even ETH can replace Bitcoin anytime.
If we look forward, ethereum technology makes it easy for everyone and developers to start a new project that we can see until now.
if the price is your benchmark, then ethereum and bitcoin are certainly very different, therefore it is very likely that in the future ethereum will reach the top position with high trading volume because ethereum has many new technologies that are continuously being developed by new projects
if the price is your benchmark, then ethereum and bitcoin are certainly very different, therefore it is very likely that in the future ethereum will reach the top position with high trading volume because ethereum has many new technologies that are continuously being developed by new projects
If ethereum will replace bitcoin someday I think many investor willbe disappointed because all we know that large number of crypto investors are trusting and already invest at bitcoin not in eth. So many will experienced loss specially to those who hold their bitcoin as a longterm investment. But I think when bitcoin replaced by eth this will be temporary because I know people will still trust and invest to bitcoin.
most people here certainly doubt ethereum is able to replace bitcoin, it is seen from all aspects difficult for ethereum or other altcoin to replace the position of bitcoin as king of coins, bitcoin has a larger community than ethereum which supports the development of bitcoin, although ethereum is progressing in development but still bitcoin remains more dominating
but eth do also have other unique use that cant be found on btc and that is that it has an ability to create erc20 tokens . btc on the other hand have only two use and that is for investment and currency but it hardly being used as a currency due to some issue's .
I think the same erc 20 that made etheruem that popular that made etheruem more like the second rated coin is also what is now drawing etheruem down because most icos that used the etheruem platform turned out as scam and this is like creating negative image laundering of etheruem. I hope it gets better though but I don't see it taking over btc at least not soon
In fact, the first and the first position that the BTC has left. I think Ethereum will never be able to occupy this position. Because at present didn't even have the status of Bitcoin as an alternative to Ethereum.
i personally think it's not possible. see the market condition.
why not ? most of us here agree that eth can possibly surpass btc someday while you your disagreeing with it ? cant you see that eth can also do what btc can do . eth can be an investment tool and at the same time eth can be used perfectly as a currency but eth do also have other unique use that cant be found on btc and that is that it has an ability to create erc20 tokens . btc on the other hand have only two use and that is for investment and currency but it hardly being used as a currency due to some issue's .
In marketcap, I doubt if Eth can surpass Btc. Early this year XRP marketcap was higher than that of Eth yes Eth has the technology advantage over Btc but Btc yet is the real deal in cryptocurrency Eth surpassing its marketcap isn't happening anytime soon. My thoughts though which might be wrong only time will tell.
i personally think it's not possible. see the market condition.
they have a different market share where bitcoin has taken control of the entire crypto market and is at the heart of trading and shipping ethereum has corporate projects to start and it is imperative to buy ethereum to get trading transactionssome markets are centralized, and ethereum has chased bitcoin to 15% of the total price of bitcoin in 2017, maybe it will happen again the following year.
ETH does have several advantages over bitcoin. Innovations related to smart contracts, chains, etc. are widely used by developers. But, Bitcoin has a special place as a kickback in Cryptocurrency. There are many cryptocurrency, but ordinary people only view cryptocurrency as bitcoin. Even though it was only imagined, I felt that it was quite difficult for BTC to be displaced. But cryptocurrency is always full of surprises and unpredictability.
trust is a strength in this business. we don't know if ethereum can replace bitcoin going forward, but if you look at the liquidity between bitcoin and ethereum it seems difficult for the near term bitcoin can be replaced, even yesterday when altcoin went down, bitcoin actually went up alone. we wait for the future of both, because I invest in both
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