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Topic: Will Cardano overthrow Ethereum? - page 17. (Read 5338 times)

hero member
Activity: 1344
Merit: 565
May 03, 2021, 03:37:32 PM
#50
Back in 2017 when I first invested in ADA Cardano and afterward decided to do some research on the project, what I read about ADA wasn't nice, people thought it was some scam project and it is not going to do well, I couldn't wait to sell off my bag then, here we are now and Cardano is been compared not only with Ethereum but even thinking of a possible overthrow.I understand how the eth gas fees has caused all this issue and I also believe that is been checked and gas fees are actually reduced now. I believe Cardano is a good project but I really dont see it flipping Eth not in the nearest future though.
legendary
Activity: 2996
Merit: 1132
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May 03, 2021, 03:36:03 PM
#49
The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
People are expecting too much from certain projects, it makes no sense at all, I do not know why people are expecting that much from some simple projects in the end. Cardano is good and all, but it is not at ethereum level, nothing is, only bitcoin is above it, ethereum reached literally near 3k levels these days and you are expecting other projects to reach and go above that? There is no situation where it could happen and I do not get why people expect that.

Cardano could do 10x and it would still not reach ethereum, does that mean that buying cardano a bad deal? If in a world where ethereum is still the same price but cardano goes 10x higher that means buying ethereum is not a good idea, buying cardano is a good idea, and that doesn't really mean cardano has to go over ethereum in order for it to be a good investment in the end for all of us, it just means ethereum is way too big.
hero member
Activity: 2884
Merit: 579
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May 03, 2021, 03:35:14 PM
#48
Market cap of Ethereum and Cardano are far from each other. So if ever Cardano reaches $12, the price of Ethereum will be higher than $3k by that time.


This actually have a sense. When compared to ETH, ADA has a far and lower trading volume. That only indicates that the progress of eth, even cardano surge up 50x will not gonna overthrow or surpass eth's capability and development.

I have also seen the great use of smart contracts of eth in crypto industry and most of the investors has a high belief on eth rather than ADA.
Yes.

Many prefer Eth in smart contracts and even having it as an investment. These two are incomparable but ADA is also one of the top coins. But if it's going to be which one is better and if it will dethrone the other.

I think that topic must be spared and just focus on your goal on holding whether it is ada or eth.
sr. member
Activity: 489
Merit: 322
May 03, 2021, 03:19:39 PM
#47
Everything is speculation at this stage, Eth is at a all time high, I still remember the days of $13 ETH
sr. member
Activity: 1176
Merit: 252
May 03, 2021, 03:04:46 PM
#46
The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
How can it happen when I have no information about any project of ada? Might be im too in favor of ethereum. As you can see, best tokens always choose ethereum to start their journey. At the moment, they consider to move to BSC because of the faster blockchain. So where is the room for ADA here. It has to surpass binance coin if they want to overcome ethereum. Impossible. Ethereum will always be the king of altcoins

Since ethereum is the king of altcoin,how it will be replaced by the another altcoin.ADA had some traders,but the number of traders will be increased in future.Litecoin had a good investors as like a investors in Ethereum.But check the price of ethereum now,it crossed the value of 3200$.And Cardano will not overthrow the ethereum at any point.
legendary
Activity: 2156
Merit: 1151
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May 03, 2021, 01:12:16 PM
#45
To defeat Ethereum, competitors need a huge number of developers and good projects that will work on their blockchain.
Compare the Ethereum ecosystem and the Cardano ecosystem.
Which will happen faster: Ethereum launches ETH 2.0 and solves the high fees issues, or Cardano brings in thousands of developers?

agree
and seems that Ethereum will launch 2.0 faster than Cardano their smart contracts in the end, joking, but there is a lag from Cardano to deploy their Alonzo hard-fork, so there is a point in this one
on the other hand, miners forced Ethereum into 2.0 test-net and merge, which could result in main-net merge this year, which would be catalyst for all killers, not to mention EIP-1559 in July
full member
Activity: 1258
Merit: 104
May 03, 2021, 01:10:36 PM
#44
Yes, I completely agree with what you say and it is certainly not that easy to overthrow ethereum,
indeed cardano is one of the potential coins but its level is still far from ethereum,
it is certain that the team will certainly not stand idle by. They will do something to solve the problem
True, in general Ethereum is very difficult to be surpassed by other tokens at this time, although it could possibly be superior but all of them need a lot of hard work and time to fight against Ethereum, especially if at this time the transaction gas fees on Ethereum have experienced decline, so there will be even more using Ethereum.
sr. member
Activity: 1988
Merit: 453
May 03, 2021, 12:51:29 PM
#43
To defeat Ethereum, competitors need a huge number of developers and good projects that will work on their blockchain.
Compare the Ethereum ecosystem and the Cardano ecosystem.
Which will happen faster: Ethereum launches ETH 2.0 and solves the high fees issues, or Cardano brings in thousands of developers?

I have to disagree with you here. The competitors need a bunch of dedicated developers, and not huge numbers of them. Ethereum has thousands of active developers working for them. And still they haven't found a way to reduce the insane transaction fees, which have been plaguing the ERC-20 chain for the last 6-7 months. Quantity doesn't matter. It is quality which matters. Even with a small number of dedicated developers, Cardano is proving to be much superior when compared to Ethereum in a lot of parameters.
full member
Activity: 826
Merit: 104
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May 03, 2021, 12:33:23 PM
#42
no one can overthrow Ethereum including Cardano, because until whenever Ethereum will be the king of all altcoin and of course many people will still support Ethereum, so it will be difficult to overthrow and replace Ethereum, therefore even though Cardano is currently very popular and the price of Cardano has increased very high, but Cardano still can't beat and overthrow Ethereum.
sr. member
Activity: 451
Merit: 250
May 03, 2021, 12:14:26 PM
#41
The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
How can it happen when I have no information about any project of ada? Might be im too in favor of ethereum. As you can see, best tokens always choose ethereum to start their journey. At the moment, they consider to move to BSC because of the faster blockchain. So where is the room for ADA here. It has to surpass binance coin if they want to overcome ethereum. Impossible. Ethereum will always be the king of altcoins
legendary
Activity: 1512
Merit: 1010
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May 03, 2021, 10:25:39 AM
#40
I never had a doubt on ETH until BNB came in, I'm sure most of the people in crypto community would agree with me. Binance brought what people wanted at this moment.. less fees, higher trust and more opportunities to get rewards by holding it.

But ETH is on the move now and it feels like it'll go to moon sooner or later, so my trust in eth is regaining..
sr. member
Activity: 2002
Merit: 250
May 03, 2021, 10:25:05 AM
#39
The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
I disagree about the sentiment that cardano can overthrow ethereum knowing for a fact that the marketcap of ethereum is 8x the marketcap of cardano. Also, with regards to the problem of ethereum I think that the team and developers are really working hard to fix this issue. And for me ethereum will still be the king of altcoins.
Yes, I completely agree with what you say and it is certainly not that easy to overthrow ethereum,
indeed cardano is one of the potential coins but its level is still far from ethereum,
it is certain that the team will certainly not stand idle by. They will do something to solve the problem
copper member
Activity: 812
Merit: 12
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May 03, 2021, 10:21:34 AM
#38
For me. it is absolutely impossible, what are the factors that could overthrow ETH? eth always innovates services for their members. there are still many projects that have the opportunity to compete with ETH besides ADA
I agree with you, although for now ADA is very popular and the price has increased very high, but in my opinion ADA will never overthrow Ethereum, because Ethereum is more popular than ADA and I believed when ETH 2.0 was launched, then Ethereum will be more popular and of course the price of Ethereum will increase even higher than the current price, so it will be more difficult for ADA to overthrow Ethereum.
member
Activity: 173
Merit: 20
May 03, 2021, 10:18:48 AM
#37
I think it was on track to until Eth 2.0 started to actually come out "allegedly" now people are jumping on that.

If Eth development stayed stagnant, yeah I think ADA would have eventually taken over but Eth is breaking out.

ADA still has hope with the Africa project. If they get that in the bag, they might be doing their own thing in Africa. But so long as Eth actually successfully implements Eth 2.0 it's not going to be killed by ADA. ADA is a bit more risky considering if the Africa project fails, they're going to suffer from that. I dont see any issue with the project itself, rather, the governments in Africa changing their mind.
hero member
Activity: 1358
Merit: 509
May 03, 2021, 10:14:02 AM
#36
The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
As the market develops, there is a possibility for the ADA to reach $12. But, according to your calculation, while  ADA gonna achieve a certain price, others do not have to move. Maybe something like this will happen over time, but keep in mind that the coin you are comparing is ETH. If ETH can also handle the fee issue, I believe it can easily overcome $5k then moon.
legendary
Activity: 3010
Merit: 1280
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May 03, 2021, 09:58:53 AM
#35
Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?

It is highly possible that Cardano can overthrow Ethereum in terms of Market cap since Cardano has 388x more coins than ETH but I think it will take time.  But I don't think the market cap conveys the actual valuation of a coin or token since it is just a brainless calculation of the price times its total coins.
newbie
Activity: 23
Merit: 853
May 03, 2021, 02:08:18 AM
#34
The latest review says Cardano has a huge potential towards mass adoption. If they manage to do this before Ethereum does then one may say that Cardano overthrew it.   The higher price doesn't mean superiority. Regarding ADA price, it's hard to think it will exceed $100, some day.
hero member
Activity: 1610
Merit: 507
May 03, 2021, 09:31:34 AM
#34
Cardano needs more time to compete with ethereum, even if Cardano is a good project because ethereum already has a big community and supports the projects. Besides that, if we compare the price, Cardano and ethereum have a big gap, making Cardano still behind ethereum. But we do not know what will happen in the future as all projects will have the same chance to become bigger and maybe Cardano deserves to reach the highest price.
sr. member
Activity: 742
Merit: 250
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May 03, 2021, 02:08:51 AM
#33
The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
I disagree about the sentiment that cardano can overthrow ethereum knowing for a fact that the marketcap of ethereum is 8x the marketcap of cardano. Also, with regards to the problem of ethereum I think that the team and developers are really working hard to fix this issue. And for me ethereum will still be the king of altcoins.
sr. member
Activity: 1064
Merit: 300
May 03, 2021, 01:40:35 AM
#32
At the moment, only talk about cardano and there is nothing that can be experienced as on the eth or other blockchain projects.
I wont be surprised if the price drops very much on the bear market more than 60%.
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