Will ETH overtake BTC in market cap? - page 2.

PanneKopp

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aka ...

Quote from: StinkyLover on May 01, 2017, 02:08:17 PM

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

Market cap is not real live use !

Eth never aimed to be a currency.

Tongue

olubams

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Quote from: StinkyLover on May 01, 2017, 02:08:17 PM

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

All the hype we are seeing in other alt including ETH is what I see as hype. The ETH is a fantastic idea which will go along way if the developers are giving it the necessary push and even may later be as an alternative to bitcoin but overtaking bitcoin is something that will not happen anytime soon. Bitcoin penetration has gone so deep that even people outside the forum and even much more than those in the forum know nothing about crypto other than bitcoin that alone is an edge for bitcoin over others.

hankyulpark

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I don't think that will happen in the near future, or probably never. BTC is still rising in value, and one of its main purposes is to be a "storage of value." ETH will change from PoW to PoS (which will severely decrease the new coin generation), and its primary goal is to be a way to pay for transactions in Ethereum Network (gas consumption), reducing its value.

asriloni

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Quote from: sotoshihero on May 02, 2017, 08:49:08 PM

All is possible but as of now, NO. There is a very big gap between the two cryptocurrency. But since Eth contract is popular now, time will come maybe when most Eth Token ICO become successful, their total may surpassed the bitcoin marketcap, still this is a possibility.

This time ethereum has touched 1/3 of the bitcoin market capitalization. That's really fast in my mind and you must remember this just for some months.

There is a lot of the possibility for ethereum token will growth so fast to following the bitcoin market capitalization. I mean 1/2 of bitcoin market cap.

stomachgrowls

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Quote from: StinkyLover on May 01, 2017, 02:08:17 PM

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

Its possible but its not guaranteed or no one really does know about on whats ahead.ETH do really shows good percentage of growth when we are talking about its marketcap and i can say it do really progress but it would really be dependent on the community on where they would stand stronger. Overtaking bitcoin would really takes time for sure in my opinion.

StinkyLover

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This industry is pure fiction

Quote from: batang_bitcoin on May 03, 2017, 02:43:18 AM

Quote from: StinkyLover on May 01, 2017, 02:08:17 PM

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I'm having two sides for this matter, it is possible because smart contracts are becoming popular nowadays. And I want to know what are those "hundreds of apps" are being written right now, could you give us some example of it? And for the not possible side, we know that Bitcoin is more popular and new investors will prefer the leading crypto which is obvious.

399 listed as of this morning. And these are all manually submitted (just like the good 'ol days of search engine submission Cheesy

). There are apps that have not even been submitted to this list so the figure goes even higher.
http://dapps.ethercasts.com/

Take a look.

batang_bitcoin

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Quote from: StinkyLover on May 01, 2017, 02:08:17 PM

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I'm having two sides for this matter, it is possible because smart contracts are becoming popular nowadays. And I want to know what are those "hundreds of apps" are being written right now, could you give us some example of it? And for the not possible side, we know that Bitcoin is more popular and new investors will prefer the leading crypto which is obvious.

thepo1m

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I think there is a alot of great investment in Ethereum presently and allows any jack to come up and create a token from a thin air and turns to a millionaires, I think that is why there is a subplot to block SegWit because it will makes Ethereum outdated since it is more it built on the most secured network.

magneto

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Quote from: StinkyLover on May 01, 2017, 02:08:17 PM

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I don't think that Ethereum will ever overtake bitcoin in its market cap, ever.

It is simply because the fact that bitcoin is the first cryptocurrency, it will always be known as the first cryptocurrency. No cryptocurrency has the reputation and age of bitcoin, simply none.

Also if you haven't noticed bitcoin market cap has grown considerably as well, from 10 billion USD to more than 22 billion right now. Bitcoin has more liquidity than bitcoin, bitcoin has way more users than bitcoin, and more "apps" that are built with bitcoin integration. I don't believe that just because you are able to build decentralized applications on Ethereum, will mean bitcoin will be overtaken.

StinkyLover

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This industry is pure fiction

Quote from: ASMR on May 02, 2017, 08:44:11 PM

Quote from: StinkyLover on May 01, 2017, 02:08:17 PM

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

hi. but you didn't know how it works ETH. how does the smart contract?

https://www.ethereum.org/

sotoshihero

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All is possible but as of now, NO. There is a very big gap between the two cryptocurrency. But since Eth contract is popular now, time will come maybe when most Eth Token ICO become successful, their total may surpassed the bitcoin marketcap, still this is a possibility.

ASMR

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Quote from: StinkyLover on May 01, 2017, 02:08:17 PM

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

hi. but you didn't know how it works ETH. how does the smart contract?

gribble

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I don't ethereum will takeover bitcoin in marketcap because ethereum has one big problem that doesn't be forgoten
(the hard fork bailout the dao) that was made people be fear made investments into ethereum,
there are some people think ethereum is centralization coin, but let's we until ethereum goes to PoS because it needs time
to make analysis fundamental of ethereum.

coin-investor

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I don't know but it's much more easier to deploy and use bitcoin than eth token to me majority of my coins are pos type which uses bitcoin client wallet and as many more coming into crypto currency many will still prefer Bitcoin than eth .

jeremypwr

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🤑 Free Bets have been credited 🤑

Maybe many years down the line... But it has a lot of catching up to do!

ETH TO THE MOON!!

vincentvincent

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if BTC doesn't get its act together (get over the 1mb block discussion) then everything is possible.

StinkyLover

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This industry is pure fiction

Quote from: toknormal on May 02, 2017, 07:43:07 AM

Ether may or may not overtake BTC in marketcap, but if it does it'll be dead in the water before long because tech-stocks such as Ether are replaceable where monetary stocks are not.

In other words, its core value proposition isn't store of value, it's utility and there are plenty more where it came from that can fulfil the role (not to mention its very own fork).

Good point but I don't think it'll be dead in the water. It could be the blockchain MySpace. First to the big market but always waiting to be bettered.

J1mb0

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Quote from: StinkyLover on May 01, 2017, 02:08:17 PM

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I agree.

Also, I don't think we are too far off seeing the combined Cap of all ETH tokens surpassing BTC.

dwgscale11

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Quote from: StinkyLover on May 01, 2017, 02:08:17 PM

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

Dude... No. It will not. Wake up man, you are in a 72 million premined shit coin (out of 91 million supply) who hard forked their values away. Do you realize ETH is doomed to fail?

toknormal

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Ether may or may not overtake BTC in marketcap, but if it does it'll be dead in the water before long because tech-stocks such as Ether are replaceable where monetary stocks are not.

In other words, its core value proposition isn't store of value, it's utility and there are plenty more where it came from that can fulfil the role (not to mention its very own fork).

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