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Topic: What if Ethereum replaces Bitcoin someday? - page 6. (Read 8189 times)

sr. member
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Vave.com - Crypto Casino
December 26, 2019, 10:28:34 AM
In terms of market value, I highly doubt that Ethereum could replace BTC as what I saw long time ago through its increase/decrease in CMC. It could be the coin next to Bitcoin, but we can't conclude that it is the "next Bitcoin" as referring from the thread I had read before about the coin that could prove to be the next Bitcoin in the market.
Your doubts are very understandable and I also see that, bitcoin is still a king of coins and may be difficult to influence or someone wants to replace. ethereum is indeed quite good and it is the benchmark for all new altcoins that are growing in new projects. but I do not believe that ethereum can also replace it, as can any other coin.
legendary
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December 26, 2019, 10:27:31 AM
Ethereum and Bitcoin are different things. Ethereum is not going to replace bitcoin. It can be the most traded coin, the coin with most marketcap but it would not replace bitcoin as they are different in nature. Bitcoin is a limited supply asset while Ethereum is a utility token that has an undefined supply whose controlled output would maintain it's price and usability.
sr. member
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December 26, 2019, 10:14:52 AM
If that happens, I think people who hold ethereum will benefit greatly from being able to replace bitcoin. But in my personal opinion, this is not possible because in my opinion for a long time bitcoin will remain in the top position and to be able to replace it is not easy and I don't think it will happen. And for me, these two coins will always go together for a long time.
sr. member
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December 26, 2019, 10:01:49 AM
although ethereum is better than bitcoin but never will ever be able to replace bitcoin, bitcoin is the king of all coins and is the first coin, there is still much to do all coins to beat bitcoin but as i said if it will never anyone can replace bitcoin
That's right, so far no tokens or coins have been able to replace the position of bitcoin as the best coin in history, because bitcoin is the first coin born in the crypto space, and is still the most popular coin.
sr. member
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Vave.com - Crypto Casino
December 26, 2019, 05:01:43 AM
I know Ethereum keeps progressing so as Bitcoin and might be able to replace the father of crypto in the future but I think it won't be soon. Having Ethereum will probably give chance to other altcoins out there to have their own limelight after Ethereum does. But I still do believe that they won't be able to beat Bitcoin's success so they'll just remain as altcoins forever.
For me personally, both of these coins are bitcoin and ethereum, both are equally good and I think both are equally necessary and complementary, matters can overtake or not for me personally it might happen one day but for me for now and the next few years I still believe that bitcoin will remain at the top for quite a long time.
full member
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November 13, 2019, 06:36:27 PM
although ethereum is better than bitcoin but never will ever be able to replace bitcoin, bitcoin is the king of all coins and is the first coin, there is still much to do all coins to beat bitcoin but as i said if it will never anyone can replace bitcoin
legendary
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November 13, 2019, 06:12:29 PM
yep, bitcoin doesn't have many big uses like ethereum. but the birth of ethereum is from bitcoin. There are many reasons for ethereum to surpass Bitcoin, but the trust in Bitcoin today is still very large. the main problem of bitcoin is there is no specific development for bitcoin, so technology is like old. but ethereum always makes progress. which is more advanced, the greater the violation. the current use of ethereum is much for scam project. so trust in ethereum can't be more than bitcoin. I think that if Ethereum can separate the project scam from the real project, it will foster people's trust.

That's certainly true, mate. After all, Ethereum comes from Bitcoin one way or another. Without the creation of Bitcoin, none of the advancements within the Blockchain industry would've been possible. I believe that most cryptocurrencies' success has been related to the prominence of Bitcoin itself. We all know that Bitcoin is the reserve currency of the crypto market. Despite this, Ethereum works fine as an alternative to the main Bitcoin blockchain providing smart contract functionality worldwide. It may have been used for ICOs mostly, but it has the potential to transform nearly every industry as we know it. As for scam projects using the ETH blockchain for their own benefit, it's highly unavoidable. Even Bitcoin faces the same problem, with "scammy" forks appearing every once in a while with the purpose of filling the developers pockets. But in the end, they turn out to be worthless coins with no real use cases for the mainstream world.

The Ethereum blockchain has managed to survive for quite some time, despite its many flaws. It has followed Bitcoin's footsteps where it continues to improve itself every step of the way. With an active development team, and supportive community, Ethereum could last a lifetime. It may never replace Bitcoin, but it could complement it in every way. I believe that Bitcoin will continue to grow in market cap over time, while Ethereum remains behind it across the crypto market. The gap between both cryptocurrencies' market caps is too big. It's nearly impossible for Ethereum to rise above Bitcoin, because of this factor. After all, Ethereum is an inflationary cryptocurrency whereas Bitcoin is not.

Nonetheless, I hope that someday Ethereum will grow so big that it'll be comparable to the likes of Bitcoin. But everything will depend on how much people will adopt the world's second largest cryptocurrency by market cap within the mainstream world. Just my opinion Smiley
newbie
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November 10, 2019, 03:31:40 PM
I support your opinion but I think it is a bit difficult. Bitcoin has deep roots and still dominates the cryptocurrency market, it has good potential and stability. Ethereum wants to replace Bitcoin, it takes a long time and has a good stepping stone
jr. member
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November 09, 2019, 12:41:19 PM
Ethereum has some interesting updates coming up in early 2020. I think the price will go up from there but Bitcoin is still king and it will be hard seeing Eth overtake BTC as the major crypto.
newbie
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November 09, 2019, 12:26:23 PM
The information you give is correct. But I feel that Ethereum wants to rise to number one is very difficult because there are many things that it has not done as Bitcoin. It takes a lot of effort and it takes more time. Do you think I'm wrong? If wrong, please comment.
newbie
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November 09, 2019, 12:20:39 PM
Do you advice to buy as much ETH as possible ?
newbie
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November 09, 2019, 12:03:14 PM
I think Ethereum has a lot of good opportunities to rise up too. but going to the top still takes a lot of effort as well as luck. I believe Ethereum will be able to do it, do you believe it?
sr. member
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November 09, 2019, 12:00:09 PM
If it does then it's safe to say that Bitcoin cannot remain as king of cryptocurrency. And this means that any other coin could reach the top even some people consider time-wise in investing. I'm talking about bitcoin, it stayed at the top since it's the first currency. But with Ethereum replacing bitcoin, this only means that any other coins have big chances on making it to the top even if it was just created just now. All it needs is some trust.
full member
Activity: 1638
Merit: 122
November 09, 2019, 11:03:42 AM
yep, bitcoin doesn't have many big uses like ethereum. but the birth of ethereum is from bitcoin. There are many reasons for ethereum to surpass Bitcoin, but the trust in Bitcoin today is still very large. the main problem of bitcoin is there is no specific development for bitcoin, so technology is like old. but ethereum always makes progress. which is more advanced, the greater the violation. the current use of ethereum is much for scam project. so trust in ethereum can't be more than bitcoin. I think that if Ethereum can separate the project scam from the real project, it will foster people's trust.

It is a given fact that Ethereum has a real use case compare to Bitcoin, and it was developed to improve Bitcoin to expand its capabilities, and also it is secure, decentralize.
Ethereum also has much potential in terms of sheer utility and market capitalization. But still it cannot replace Bitcoin, not now and not tomorrow or not too soon. It is just like Bitcoin is the main cast, and Ethereum is the side kick of the main cast.

the only advantage of eth is that it can create tokens but i dont think btc can do that althought btc can also do send and receive payments and also works decent if use for investment  .

 eth can replace bitcoin but i dont know if what year/months it would happen but if ever that happens i will still accept it . ill accept my defeat because i said to myself that my vote will always go for btc  but why feel sad when btc is still useable after the change in the ranking right ?
sr. member
Activity: 2254
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SOL.BIOKRIPT.COM
November 09, 2019, 10:58:58 AM
yep, bitcoin doesn't have many big uses like ethereum. but the birth of ethereum is from bitcoin. There are many reasons for ethereum to surpass Bitcoin, but the trust in Bitcoin today is still very large. the main problem of bitcoin is there is no specific development for bitcoin, so technology is like old. but ethereum always makes progress. which is more advanced, the greater the violation. the current use of ethereum is much for scam project. so trust in ethereum can't be more than bitcoin. I think that if Ethereum can separate the project scam from the real project, it will foster people's trust.
Impossible with ethereum price always depend with bitcoin, how come eth can replace with bitcoin position because eth always down when bitcoin down and up little when bitcoin raise with higher price, after eth not have basic connection with bitcoin maybe can make eth replace with bitcoin place and only take moment with bitcoin become higher price but eth still down and lower.
sr. member
Activity: 686
Merit: 257
November 09, 2019, 10:52:11 AM
yep, bitcoin doesn't have many big uses like ethereum. but the birth of ethereum is from bitcoin. There are many reasons for ethereum to surpass Bitcoin, but the trust in Bitcoin today is still very large. the main problem of bitcoin is there is no specific development for bitcoin, so technology is like old. but ethereum always makes progress. which is more advanced, the greater the violation. the current use of ethereum is much for scam project. so trust in ethereum can't be more than bitcoin. I think that if Ethereum can separate the project scam from the real project, it will foster people's trust.

It is a given fact that Ethereum has a real use case compare to Bitcoin, and it was developed to improve Bitcoin to expand its capabilities, and also it is secure, decentralize.
Ethereum also has much potential in terms of sheer utility and market capitalization. But still it cannot replace Bitcoin, not now and not tomorrow or not too soon. It is just like Bitcoin is the main cast, and Ethereum is the side kick of the main cast.




legendary
Activity: 1316
Merit: 1145
November 09, 2019, 08:01:37 AM
yep, bitcoin doesn't have many big uses like ethereum. but the birth of ethereum is from bitcoin. There are many reasons for ethereum to surpass Bitcoin, but the trust in Bitcoin today is still very large. the main problem of bitcoin is there is no specific development for bitcoin, so technology is like old. but ethereum always makes progress. which is more advanced, the greater the violation. the current use of ethereum is much for scam project. so trust in ethereum can't be more than bitcoin. I think that if Ethereum can separate the project scam from the real project, it will foster people's trust.
newbie
Activity: 62
Merit: 0
November 09, 2019, 07:58:19 AM
I think the benefits of Ethereum are extremely amazing. It will continue to grow stronger and be a good opportunity for investors.  Smiley
full member
Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
November 09, 2019, 07:45:09 AM
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? Huh
I think that will happen soon when sharks no longer need bitcoin. Bitcoin is one of the types of assets not really valuable. Its functions are getting worse and worse than the alts that are being upgraded over time.
one day the cost of bitcoin transactions is too expensive and a continuous delay takes place, when Ethereum will take the throne.
You should review your knowledge in this market because of the fact that Bitcoin is decisive for the existence of crypto and all fluctuations of Bitcoin will affect all altcoins. Now Bitcoin uses old technology and cannot be applied to any field but this is always the coin that whale holds the most in the market because if you have a large amount of Bitcoin, you can completely manipulate crypto.
full member
Activity: 2100
Merit: 174
November 09, 2019, 07:37:03 AM
I would like to say this: with the progress of the team in ensuring that the project move forward and faster, one could say that; the possibility of ethereum getting over bitcoin must surface in the nearest future. Although, the upcoming upgrade to 2.0 will give a clue to their determination of how they can bush the project. Future of cryptocurrency is unpredictable and anything can happen to any coin either be it the first or last to be created.
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