Topic: What if Ethereum replaces Bitcoin someday? - page 28. (Read 8189 times)
This kind of situation will be possible, however time would tell in the future, not now because as we can see market situation now no other crypto can be like bitcoin in terms of ita price value and volume trading. But i think in the future it could be possible that ethereum would be as like as bitcoin in price and volume, it is possible because ethereum is a potential coin and can be number one altcoin in the market someday.
As long as BTC would stay so dominant, nothing will change on crypto market. BTC will increase in price and all other altcoins are going to stay on the same spot. Patiently waiting for things to change, because I love ETH much more than BTC, but it seems unrealistic for ETH to overcome BTC.
Yes, Ethereum has a great potential to do all the things what you have written. But. Currently is so slow for doing such things and we can only speculate what will be in the future.
Maybe what will happen is Ethereum have highest price and be central, but bitcoin wouldn't die, it will still on there, on market and we can't resist it except if bitcoin blockchain is error and make it can't be used again. But as long crypto still beside us, any of it which can make us get profit, we must support it. Because crypto is not only about bitcoin but for all altcoins that already created.
Please don’t just start with your own funny thinking now, how is it possible for Ethereum to top bitcoin with his dwindling valueevery day, and with all the project launching that Ethereum has given birth to, what has it given birth tosimply lots of scam projects that are affecting the cryptocurrency world today.
One of the reason why the market is nit growing as it ought to have been is because of scammers that has hijacked the ico market and you can see as it has affected virtually all the product of Ethereum that they are almost going off the market, majority of them are heading to zero already, so tell what record of success that Ethereum has had that would make it be more recognized than bitcoin, it is not only Ethereum that run chain services there are other ones that could do more than what you listed here.
One of the reason why the market is nit growing as it ought to have been is because of scammers that has hijacked the ico market and you can see as it has affected virtually all the product of Ethereum that they are almost going off the market, majority of them are heading to zero already, so tell what record of success that Ethereum has had that would make it be more recognized than bitcoin, it is not only Ethereum that run chain services there are other ones that could do more than what you listed here.
Question. Will there be an Ethereum without Bitcoin?
Will you like it if someone stolen your idea and created a new one with just added features? Me? I wont.
Both can live at the same time. Bitcoin as store of value and also as a currency for usage of services which Ethereum is offering.
I think I have been doing that for quite some time now. But, I still dont store much of Ethereum. Just enough for gas prices.
Still I let my bitcoin in my rusty wallet and when there is a surge in transaction fees and slow tx, then that is where I use Ethereum.
But, it will be better if those two will be left alone.
Look at what XRP did. Same with bitcoin just centralized, speed and cheaper fees. Is that fair?
Will you like it if someone stolen your idea and created a new one with just added features? Me? I wont.
Both can live at the same time. Bitcoin as store of value and also as a currency for usage of services which Ethereum is offering.
I think I have been doing that for quite some time now. But, I still dont store much of Ethereum. Just enough for gas prices.
Still I let my bitcoin in my rusty wallet and when there is a surge in transaction fees and slow tx, then that is where I use Ethereum.
But, it will be better if those two will be left alone.
Look at what XRP did. Same with bitcoin just centralized, speed and cheaper fees. Is that fair?
I think the answer : No, but not sure.
Because, BTC is the same as "gold" in cryptocurrency world. We can have any " money" name here, but, gold is only one. Back to ETH, it's helpful technical with erc-20, like "service". So, we can't compare between "gold" and "service". Both have different values
Because, BTC is the same as "gold" in cryptocurrency world. We can have any " money" name here, but, gold is only one. Back to ETH, it's helpful technical with erc-20, like "service". So, we can't compare between "gold" and "service". Both have different values
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?
When it comes to possibilities, I think anything can happen. But I am pessimistic that ethereum will replace bitcoin as a coin with the highest market cap value. Bitcoin is no longer considered a currency but has become a store of value and this makes it difficult for any altcoin to replace bitcoin
it is very difficult to compete with bitcoin in the market with almost 70% dominance held by bitcoin.
crypto is not just a matter of the benefits a project has made but there is something more important than everything, namely money.
crypto is not just a matter of the benefits a project has made but there is something more important than everything, namely money.
in fact ethereum is also the number two coin in the world and also the growth in ethereum market prices is also growing better, but I think nothing can beat its position as bitcoin at this time. because bitcoin is also the most important coin
Well with the many uses of ethereum, it's possible to head towards that direction but I really doubt it is possible, if eventually it will get to that point, it will take years.
In all this is cryptocurrency and in this space, everything is possible,full if uncertainties
In all this is cryptocurrency and in this space, everything is possible,full if uncertainties
yes, I think the function and development of ethereum is so good starting from the first launch. certainly someday ethereum will be able to replace the position of BTC in cryptocurrency, but looking at the last few months with the development of ethereum which continues to decline I am a little wondering if it might be possible. because it is very bad for the position of Ethereum in crypto. let alone replacing BTC to maintain its position alone is already very good for ethereum.
While Ethereum might have many advantages over Bitcoin, it looks hardly possible for ETH to surpass BTC. The core fundamental of Bitcoin is that it its functions do not change and they remain the same.
Ethereum while it has captured a bigger market space than others, it cannot move ahead of Bitcoin because of the market capital Bitcoin has. The rate of adoption for Bitcoin is much larger than that of any other block chain currency of the market.
Also, people have been witnesses of the rate of return on investment on Bitcoin which no other currency has touched yet.
Ethereum while it has captured a bigger market space than others, it cannot move ahead of Bitcoin because of the market capital Bitcoin has. The rate of adoption for Bitcoin is much larger than that of any other block chain currency of the market.
Also, people have been witnesses of the rate of return on investment on Bitcoin which no other currency has touched yet.
The benefits of Ethereum blockchain are not limited to the stated features of Dapps but you talk about replacing the first cryptocurrency. The proabilitires are low because of the Bitcoin dominance which doesn't fall below 55% for the last months. Every altcoin is bought and sold with the BTC pairs, there are no concrete crypto markets altcoin USD pairs.
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?
Well, according to the experts Ethereum is next into Bitcoin. Eth was also popular in the entire world now and being accepted also like bitcoin as mode of payment in different merchants all over the world now even here in my country too. So its fine with me if ethereum replace the position of bitcoin as a king.
The Ethereum is a really good coin and from top list in the coinmarketcap. But I'm not sure Ethereum can replace to Bitcoin. Because the Bitcoin looks like the main currency on the crypto market and all the exchanges main trading pair with Bitcoin. The Binance Chain is giving a good fight to the Ethereum. Then it's hard to replace Bitcoin to Ethereum right now.
If not Ethereum, than who? Very possible that Ethereum become a new king because it better many times than Bitcoin and have a more useful technology. A lot of new coins based on Ethereum ERC-20 standart - it is warranty of liquidity.
Very can not imagine Ethereum can replace the position of Bitcoin. And ethereum dominates the crypto market more. This is a big thing in the crypto world if it really happens. But unfortunately, many people say this will not happen and only wish it.
It's possible although the number doesn't support this, we can only talk about Ethereum replacing Bitcoin if those coins that are behind Ethereum cannot sustain their development to challenge Ethereum, we have seen XRP dislodging Ethereum, so it is an active threat until now.
Bitcoin dominance is now very huge, that replacing it with a coin like Ethereum is very unlikely investors want wide adoption and they know Bitcoin should be the front runner of this adoption, so we should talk of adoption first before the thought of replacing Bitcoin
Bitcoin dominance is now very huge, that replacing it with a coin like Ethereum is very unlikely investors want wide adoption and they know Bitcoin should be the front runner of this adoption, so we should talk of adoption first before the thought of replacing Bitcoin
If the Ethereum price will surpass the Bitcoin in some day then the whole world will go for ETH blockchain this blockchain will be more refined. On the another hand Bitcoin price will drop gradually as the demand for this coin become very less. But, in the near future it is not going to happen.
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