Will Cardano overthrow Ethereum? - page 6.

bitterguy28

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Quote from: ijeb on May 02, 2021, 02:06:47 PM

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?

if there is one coin that can overtake Ethereum ? that is nothing but Binance coin , because we already experience using the smart chain in Binance in which faster and assures a lower fee not like ehtereum than goes like Bitcoin when there is a congestions.

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That's not impossible, if the Ethereum did not fixed its issue it might happen. We all know that if the price of Ethereum rises or the chain is crowded we all know how ridiculous the price gets. It is only one of the things the Ethereum needs to fix but it's really not impossible that Ethereum can be overthrow by other coins.

but it is not cardano mate , instead it is Binance or at least cardano but not too soon , because Binance will take it first.

Pelana vreo

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Quote from: ijeb on May 02, 2021, 02:06:47 PM

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 don't think Cardano replaces Ethereum because of the high gas fees
Ethereum is a smart contract platform that has ideas and technology with a good level of security.
As I have seen, Eip 1559 and Ethereum 2.0 are continuously being developed and if you think ethereum will be replaced by Cardano due to fees and coin prices then all the decisions are with community members and users, now you can see Ethereum in 2nd ranking with a big market cap

efxtrader

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Quote from: KennyR on August 11, 2021, 06:10:57 PM

We're not sure about the future market. Things can change in any direction. It is up to the level of adoption experienced. Right now it is ethereum that has been rocking the market with the upgrades and more potential usage. With cardano we've got similar form of growth, the development of cardano is done precise. Long back itself waiting for a next big update and the update will make big change in its market. I believe it'll give some competence to ethereum.

Ethereum's daily transaction value is still the highest after Bitcoin and its marketcap value is still the second largest in the cryptocurrency market. There could be ethereum overthrowing in marketcap value but I think it will take a long time because investor confidence in ethereum is very high

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Quote from: KennyR on August 11, 2021, 06:10:57 PM

We're not sure about the future market. Things can change in any direction. It is up to the level of adoption experienced. Right now it is ethereum that has been rocking the market with the upgrades and more potential usage. With cardano we've got similar form of growth, the development of cardano is done precise. Long back itself waiting for a next big update and the update will make big change in its market. I believe it'll give some competence to ethereum.

Nothing is assured when it comes to future talks because if we do tend to look back into those top ranking coins in the past where it had been replaced by some which are on the bottom which does simply means or shows

that a certain project could really replaced off a project into its previous spot and would be higher and it all matters with the demand and recognition of such project and since we are talking about ADA overtaking ETH?

Then this is something that i would say that its really hard for ADA to overtake ETH since if we do consider on the application and scope of functionality of smart contracts then its really hard to beat it up.

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We're not sure about the future market. Things can change in any direction. It is up to the level of adoption experienced. Right now it is ethereum that has been rocking the market with the upgrades and more potential usage. With cardano we've got similar form of growth, the development of cardano is done precise. Long back itself waiting for a next big update and the update will make big change in its market. I believe it'll give some competence to ethereum.

Meysa_richa

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Ethereum is too strong for Cardano to surpass, and currently Ethereum market cap is quite high. Ethereum popularity compared to cardano, Ethereum is also still superior that is also a factor in Ethereum victory.
Maybe Cardano has advantages when compared to Ethereum but the advantages are only slightly, so investors and traders prefer Cardano, and this will affect their position.

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It's very hard to overcome Ethereum , because Ethereum is the second favorite cryptocurrency in the cryptocurrencies market cap. Most of the investors and traders preferring Ethereum than Bitcoin and binance coin. Cardano far far behind than Ethereum and binance coin.

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Quote from: ijeb on May 02, 2021, 02:06:47 PM

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?

If ADA reaches $12, then the price of Ethereum has already reached $20k. So ADA's market cap cannot reach Ethereum. Because Ethereum is also one of the coins contested in crypto.

NeverSop

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I just saw the crazy thing with Ethereum, Average Gas Fee is 485 Gwei. Although before that, it was 55 Gwei. It's ridiculous, and we've talked about it many times. If sharding cannot bring about any spikes, then ETH will have to rely on layer 2 like Polygon. BNB and ADA will have a big opportunity on the dawn side.

Insomnia family

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I often see someone asking and always comparing coin A and Coin B. Just as people argue that Cardano is better than Ethereum and vice versa. For me personally these two coins are well worth the investment and even I heard that ADA is planning to launch a bridge between the two networks. if this is true maybe ADA has a good chance but it will not kill the price of ETH or the ETH Platform itself.

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Quote from: ijeb on May 02, 2021, 02:06:47 PM

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.

Whatever, I've heard such types or rumors from 2018 that Cardano can surpass $100, but now we are in the middle of 2021 & its all-time is not more than 2 dollars.
on the other hand, Etherium is staying just behind Bitcoin, after Bitcoin the next most promising coin is Ethereum. though its max supply is unlimited but it is very promising.
So, there is 0 chance that ADA overthrows Ethereum.

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Quote from: ijeb on May 02, 2021, 02:06:47 PM

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?

Market capitalization can't make ethereum go down, this is not in line with what they are perfecting, it's just that ethereum is constrained by the current gas cost, which has not been maximized well.

It's true that cryptocurrencies have to communicate with each other, ADA for example, they are starting to build momentum to become the best digital money in the future, but if the communication doesn't go well, then the chances for ADA are very small, I believe 3 or 4 years they will be maximized.

Dragonfund

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Quote from: Plinteng on August 05, 2021, 07:02:58 AM

i think Cardano been ada coin has the momentum to move, but it moving gradually process, at my initial time, Ada was looking like a stable coin, no increase in price. But currently, Bull run has making the market on green point.

Who knows, perhaps the hype has come to an end. I could remember when Ada launched their mainnet during pandemic and it seems Ada was running on roller-coaster speed without break and everyone was hyping the whole structures as a game changer but some has changed their mind of recent because of its smart contract algorithm.
Whichever comes first or last doesn't move me, I want to see what they can do aside from normal shout revolutionizing the world as usual.

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Quote from: ijeb on May 02, 2021, 02:06:47 PM

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?

there is no way that cardano (ADA) can overthrow ethereum because the market cap is always superior to ethereum than cardano. so it is very unlikely that cardano can be better than ethereum because we all know that ethereum is the best altcoin of all time. but for the price of cardano to reach $12 it takes a long time and this can happen in the crypto market.

Rakeshten

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It is possible but Cardano is developing very slow so Ethereum will not allow it to compete.. Cardano is testing their smart contracts so hope they will launch their smart contract fully in this august. So we will see many people invest in Cardano. Cheesy

Sweetbtc

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Cardano is future coin for all long term investor. Cardano launching many new things,new feature which can overthrow Etherium soon. Cardano can process million of transactions very fast with very low transactions fee. Cardano can go big if some big project start partnership come to seen.

Masyudhi

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Quote from: poodle63 on August 06, 2021, 05:21:02 AM

i think it will, cardano have so many supporters in youtube, many youtube influencers mentioned cardano will be the next eth but the market cap gap is still quite wide, maybe that could happen in few years but its still uncertain maybe its bnb that could beat eth instead.

Cardano has a lot of news but not with their market capabilities.
The absence of large adoption in the market will certainly not make any impact on the price of Cardano.
if not able to increase market capitalization where could Cardano be able to grow to replace ethereum?

poodle63

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i think it will, cardano have so many supporters in youtube, many youtube influencers mentioned cardano will be the next eth but the market cap gap is still quite wide, maybe that could happen in few years but its still uncertain maybe its bnb that could beat eth instead.

thesosorr

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Quote from: ijeb on May 02, 2021, 02:06:47 PM

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?

In my opinion, that's hard to happen with ADA coins. But for the next few years, I can't predict whether it will be achieved or not. So far, the Cardano coin (ADA), can still be called the most stable coin in terms of price percentage.

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Quote from: LUCKMCFLY on August 05, 2021, 07:51:07 PM

Source: https://www.newsbtc.com/news/cardano/cardano-listed-in-japan/
This good news will generate a good effect on the price in ADA, in fact in the short term it has not yet been seen, but it is gaining strength because it will enter a country where the demand for cryptocurrencies is great, and ADA will begin to shine much more. , because its demand I am sure it will increase.

I also heard news about Cardano being one of the accepted cryptocurrencies in Japan, this is good news because only cryptocurrencies that have great potential are accepted there.
But, that doesn't mean because of this news Cardano is better than Ethereum right

, I don't want to compare based on price, because the price is relative and depends on demand and supply at that time, what I want to try to compare is about the technology owned by Cardano, and I don't agree that Cardano is better, due to the fact that Ethereum is better than Cardano.

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