Topic: Why do people think that ETH can Overcome Bitcoin? - page 11. (Read 1140 times)
In my opinion, it is difficult to compare ethics and btc. These are two different things. Eth is a platform developed for business projects. Bitcoin is rather an investment and a payment system. Although the eth price will definitely increase, I do not think it will take over btc.
Many users love ETH because this coin is faster and the commission is less than at the bitcoin network. Sometimes during the bitcoin network overload people pay attention to the second most popular coin - ETH. But despite this bitcoin always remains the most important coin in crypto.
Personally, I like the fact that Ethereum has a much faster transaction speed. Bitcoin is a good coin, but if you choose a coin for everyday life, then the Ethereum is better.
Rumors about this are quite contradictory. The fact is ETH is totally differs from BTC. Many traders believe that "smart contract idea" is very promising (I think so) which will attract maximum attention to ETH. However nowdays there is no clear ways to overcome BTC because the value of ETH is closely connected with value of BTC practically on all exchange markets.
I have never thought of ethereuem beating bitcoin in term's of price because bitcoin as the first cryptocurrencies has great potential and high technology that even the world doesn't need any other cryptocurrency. Bitcoin is OK and we don't even need other alt coin, but for the sake of technological advancement and improvement we may adopt other coin but not to the point that any of them can ever compete with bitcoin.
Now the bitcoin is the most expensive crypto currency now, If Bitcoin gets cheaper, All the altcoin gets cheaper, But this time can change time Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It supports a modified version of Nakamoto consensus via transaction based state transitions. And the ethereum is a strong technology and in demand on the market but for me Ethereum can not overtake the price of bitcoin.
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Recently I am hearing some rumors or words that, Eth will beat bitcoin sooner or later.But I don't think so and I totally disagree with it. Bitcoin is Bitcoin, And Eth is like after Bitcoin, If bitcoin fall then eth will fall too. Then how can people think that ETH can Overcome Bitcoin? What do you think About this? Share your thoughts.
Yes I totally agree with you. Ethereum scales worse than Bitcoin. Bitcoin itself, meanwhile, is on the verge of successfully scaling by getting Lightning Network, which will make it suitable for making small purchases quickly with very low transaction fees. And Ethereum has suffered from many problems, such as crashing during ICOs, the DAO hack and the resulting contentious hard fork. These are the kinds of problems you’d expect from a token with much more functionality, and therefore a larger attack surface.
It is definitely possible that Ethereum could overcome Bitcoin one day, taking into consideration that Bitcoin is being so often debated, while Ethereum just works silently in the background. However, Bitcoin’s price still remains way bigger than the one of Ethereum placing the market cap at about 280$ billion compared to the 44$ million of Ethereum.
Bitcoin and eth are different projects. In the case of the price, eth will not beat bitcoin. Btc is limited in quantity, so with the decreasing amount of btc to be extracted it will be more desirable. In business solutions, eth has great predispositions to be the best on the market.
I am explaining that, why people thinking eth can overcome Bitcoin.
Actually if we flash back in last 3-4 weeks then we an see bitcoin price was low and eth price was increasing that's why people were thinking eth can overcome bitcoin. And eth is a promising coin and increasing superbly I think this is another point.
Actually if we flash back in last 3-4 weeks then we an see bitcoin price was low and eth price was increasing that's why people were thinking eth can overcome bitcoin. And eth is a promising coin and increasing superbly I think this is another point.
Bitcoin has a limited number of coins that are mined very slowly. Ethereum has unlimited emissions and is produced faster than bitcoin. Therefore, if the price of Ethereum does not fall, then after 1-2 years the capitalization of Ethereum will be more than that of bitcoin. This is simple.
That is the simple math, but you forget the most important of all - Bitcoin's prize will not stay the same. The demand for Bitcoin is higher than ever, so the price will continue to increase.
In cryptocurrency no one will be able to guess because anything can happen and Etherium could be the highest in terms of price in the next few years but of course Bitcoin will also develop as well so it will be hard to beat bitcoin
I would say that's quite common confusion/mistake.
I am not sure where it comes from ba I can assume that they just saw BTC going up and down for 3-5k and at the same time ETH is just shown the 200-300$ difference, that's definitely because of the difference of price. Maybe most of the people are under the illusion that ETH is the more stable cause of that fact, dunno, that's don't make any sense for me. I will vote for BTC in the middle of the night without any hesitations.
I am not sure where it comes from ba I can assume that they just saw BTC going up and down for 3-5k and at the same time ETH is just shown the 200-300$ difference, that's definitely because of the difference of price. Maybe most of the people are under the illusion that ETH is the more stable cause of that fact, dunno, that's don't make any sense for me. I will vote for BTC in the middle of the night without any hesitations.
Bitcoin is respected as the first mover in the blockchian space, but when it comes to usefulness, i will always agree with people saying that Ethereum will overtake Bitcoin, how true or false that statement, only time will tell.
It is still a debate and always has been so. Bitcoin will not be easy to overcome simply because of the invested interest of so many. Eth is not in line as competition, it is just another coin gaining popularity for itself.
Bitcoin has a limited number of coins that are mined very slowly. Ethereum has unlimited emissions and is produced faster than bitcoin. Therefore, if the price of Ethereum does not fall, then after 1-2 years the capitalization of Ethereum will be more than that of bitcoin. This is simple.
Recently I am hearing some rumors or words that, Eth will beat bitcoin sooner or later.But I don't think so and I totally disagree with it. Bitcoin is Bitcoin, And Eth is like after Bitcoin, If bitcoin fall then eth will fall too. Then how can people think that ETH can Overcome Bitcoin? What do you think About this? Share your thoughts.
I don't think about the ranking will change because bitcoin and ethereum is different project. Ethereum has big gap in bitcoin but there are top one and top two in cryptocurrency. In our place i never heard about that ethereum will beat bitcoin it will never happen. Bitcoin is like mother of ethereum so it's never happen that ethereum will totally beat the bitcoin. Just don't believe in a rumor like that or they create a fake news to destroy the cryptocurrency i think.
The main reason that people think Ethereum can overtake Bitcoin in market cap is because of the ability to write smart contracts on top of the Ethereum blockchain, with the built in payment app feature via ERC20 Tokens. I am invested in both BTC and ETH though.
Recently I am hearing some rumors or words that, Eth will beat bitcoin sooner or later.But I don't think so and I totally disagree with it. Bitcoin is Bitcoin, And Eth is like after Bitcoin, If bitcoin fall then eth will fall too. Then how can people think that ETH can Overcome Bitcoin? What do you think About this? Share your thoughts.
Because people are slowly realizing that ethereum should be leading all the cryptocurrencies,it has a good platform which bitcoin doesnt have,smartcontracts and d-apps are being used by most of the developers in cryptocurrencies,so it only means ethereum is dominating the whole market,eth has 40% of the total transactions of cryptocurrencies everyday,so it is very possible for ethereum to replace bitcoin's position. 
Recently I am hearing some rumors or words that, Eth will beat bitcoin sooner or later.But I don't think so and I totally disagree with it. Bitcoin is Bitcoin, And Eth is like after Bitcoin, If bitcoin fall then eth will fall too. Then how can people think that ETH can Overcome Bitcoin? What do you think About this? Share your thoughts.
Its because of the smart contract features it has which makes it unique more than bitcoin though btc is pioneer of cryptocurrency but am also seeing eth getting closer or overthrown btc in price... Jump to: