Topic: Will Ethereum be taking 1st place in 2020? - page 8. (Read 2725 times)
Personally, I think that ETH is unlikely to take first place in the market ever, because in my opinion Bitcoin will always be stronger than alts and no one will be able to overtake Bitcoin.
I think its much better that ethereum stays in 2nd place. If it reached 1st it would suffer heavy speculation and its price would drop violently, to a position where recovery would be too hard.
Also, ethereum is faster than litecoin, monero and dash. Yesterday I sent 2 dollars from one address to the other, and the transaction lasted two seconds, with a fee of 4 cents.
Also, ethereum is faster than litecoin, monero and dash. Yesterday I sent 2 dollars from one address to the other, and the transaction lasted two seconds, with a fee of 4 cents.
At most, ETH could only hope for it to at least take its previous place before the bearish market after the last great bull run. Although it's showing some signs of life by getting past the $200 mark at the moment, getting to #2 is the more realistic and attainable goal in the short term.
Indeed, but you guys really think it has a chance for ETH to be in the number 1 in the long run? For me, I don't.. I think ETH might even be dethrone by a better coin, and I am betting BNB would do that soon.
ETH hasn't release its update yet so this year it has not give us significant update yet, which Binance been very consistent.
and what do you mean by that, it is a fee decrease coin for Binance exchange, and they enforce you to hodl it, when comes to new airdrops, i do not see that this will be viable long run, especially since new coins on Binance are with pump and dump tactic, they stuck in price without enough liquidity after few months (HOLO, MBL, BTT), please explain your vision?
At most, ETH could only hope for it to at least take its previous place before the bearish market after the last great bull run. Although it's showing some signs of life by getting past the $200 mark at the moment, getting to #2 is the more realistic and attainable goal in the short term.
Indeed, but you guys really think it has a chance for ETH to be in the number 1 in the long run? For me, I don't.. I think ETH might even be dethrone by a better coin, and I am betting BNB would do that soon.
ETH hasn't release its update yet so this year it has not give us significant update yet, which Binance been very consistent.
Bitcoin will always and be number one, ethereum Cannot be compared to bitcoin, it will remain behind bitcoin, the market cap alone is overwhelming, I think ethereum needs to step it's game up before other altcoins overtake it, such as Xrp or perhaps bnb
some people think that ethereum has the potential to exceed bitcoin. but, in fact ethereum always follows in the footsteps of bitcoin. in fact, ethereum prices really do fall when bitcoin prices dump. however, ethereum is one of the most potential coins, only it cannot be used to compete with bitcoin.At most, ETH could only hope for it to at least take its previous place before the bearish market after the last great bull run. Although it's showing some signs of life by getting past the $200 mark at the moment, getting to #2 is the more realistic and attainable goal in the short term.
ETH is not going to overtake Bitcoin this year because Bitcoin now has a capitalization of about $160 billion and ETH has $23 billion, there is just not enough money in the market for ETH to overtake Bitcoin.
It is true that ethereum is still far from being able to replace bitcoin, it would be seen from any side at this time ethereum is still under the shadow of bitcoin. the increase in ethereum alone is always influenced by the increase in bitcoin. ethereum still can not escape the influence of the shadow of bitcoin. can it happen? no one can be sure and believe that there are coins that can replace bitcoin, as well as ethereum itself.
ETH is not going to overtake Bitcoin this year because Bitcoin now has a capitalization of about $160 billion and ETH has $23 billion, there is just not enough money in the market for ETH to overtake Bitcoin.
It will never happen in the world of crypto because of the king's nature BTC has amazing structure and very strong support around the globe. ETH is not in good position to give any kind though time in future because the demand is increasing for sure and halving event is making the sentiments more bullish than ever.
That will never happen, everyone is sure that bitcoin will always be number one. Ethereum is not appropriate to take it.
I believe that it is impossible to exclude the possibility that Ethereum will come out on top of the cryptocurrency market.
We can say it's possible that Ethereum will be taking over the market, but we should also try to ask ourselves on its probability, being realistic is very important. Looking at the market now and its trend, there's never a chance that bitcoin was replace on its spot and bitcoin now is holding a good dominante rate that beats all altcoins.
I believe that it is impossible to exclude the possibility that Ethereum will come out on top of the cryptocurrency market. Although it will take a lot of time to surpass Bitcoin in terms of capitalization. Nevertheless, there are very good reasons for this. I liked one statement of a person who, for ease of explanation of the difference between Bitcoin ethereum, compared bitcoin with a smartphone application, and Ethereum with appstore, which allows developers to create their own applications based on the Ethereum blockchain. In addition, one must take into account the fact that the age difference between Bitcoin and ETH is almost 6 years and therefore ETH has already been created as a more technological and more developed product that is several times higher than the characteristics of Bitcoin. Although the only thing I don't like is the lack of a limited amount of ethereum, like bitcoin.
Bitcoin will always and be number one, ethereum Cannot be compared to bitcoin, it will remain behind bitcoin, the market cap alone is overwhelming, I think ethereum needs to step it's game up before other altcoins overtake it, such as Xrp or perhaps bnb
some people think that ethereum has the potential to exceed bitcoin. but, in fact ethereum always follows in the footsteps of bitcoin. in fact, ethereum prices really do fall when bitcoin prices dump. however, ethereum is one of the most potential coins, only it cannot be used to compete with bitcoin.
Bitcoin will always and be number one, ethereum Cannot be compared to bitcoin, it will remain behind bitcoin, the market cap alone is overwhelming, I think ethereum needs to step it's game up before other altcoins overtake it, such as Xrp or perhaps bnb
some people think that ethereum has the potential to exceed bitcoin. but, in fact ethereum always follows in the footsteps of bitcoin. in fact, ethereum prices really do fall when bitcoin prices dump. however, ethereum is one of the most potential coins, only it cannot be used to compete with bitcoin. Bitcoin is known to be rock solid in blockchain and in technology but lets say someone finally figures out a way to just steal anyone's bitcoin whenever they want to, that would cause bitcoin to drop in price a lot because nobody would want it,...
That would mean the system is not secured, there is not reason to invest with bitcoin anymore. however, the market gain a high trust from investors because they believe it will never happy, we are a billion dollars market cap now, it's a lot of money and that would prove how investors trust crypto, so no, don't think the system will be compromise, even satoshi can't.
In percentage terms, ethereum is now really growing even better than bitcoin. Apparently, the expected appearance of improvements to Ethereum 2.0 in this coin is affecting soon. Or maybe some other factors. In any case, everything is going well so far.
Obviously, if we compare them from their respective ATH to the current price now, you'll see that bitcoin has a better recovery rate.
ETH is can't cross $200 yet, but its ATH was $1400, so that was only 14% from its ATH.. while bitcoin is at 40% or more already.. so you can see the big difference.
Bitcoin is known to be rock solid in blockchain and in technology but lets say someone finally figures out a way to just steal anyone's bitcoin whenever they want to, that would cause bitcoin to drop in price a lot because nobody would want it, everybody would be afraid theirs will be stolen as well. Unless something that catastrophic happens, there is no way we gonna get bitcoin in anywhere under first spot, it will always stay there.
Ethereum has been steadily on the rise for a good while now, and this first half of Q1 2020 has proven that they have brought that same energy into the new decade. They have started 2020 with a bang, more than doubling in value in just 2 months.
There are quite a few factors that have come into play to make this a winning year for Ethereum and here are just a few: https://thecoinshark.net/en/5-reasons-why-ethereum-is-winning-in-2020/amp/
What do you think we can expect to see for the rest of the year?
If the bitcoin dominance will likely to decrease then the second position or the Ethereum will have a chance to replace bitcoin someday. I make it someday because in this year 2020, there is zero possibility that eth will likely to replace bitcoin in it's current position because the bitcoin dominance is still very high which is more than 60%. There are quite a few factors that have come into play to make this a winning year for Ethereum and here are just a few: https://thecoinshark.net/en/5-reasons-why-ethereum-is-winning-in-2020/amp/
What do you think we can expect to see for the rest of the year?
And frankly speaking, eth is very dependent to bitcoin price therefore the chances for eth to come on top is very less or I say zero percent if we will talking about this year 2020.
Don't it's never surpass the Bitcoin in any way because Bitcoin has the unique features and pioneer in the digital currency concept. It has already accepted as the global currency in the world wide. So, Ethereum will never take the challenge for the first place.
Bitcoin will always and be number one, ethereum Cannot be compared to bitcoin, it will remain behind bitcoin, the market cap alone is overwhelming, I think ethereum needs to step it's game up before other altcoins overtake it, such as Xrp or perhaps bnb
Yes no doubt about that bitcoin always being a number one spot, So it is impossible to etherium to surpass it that have so much high volume in the market. Thats true some other altcoins can surpass etherium just like XRP we seen this altcoin become a number 2 spot but it was short of time only and back again into a 3rd spot. XRP will overtake the second place of ETH sooner or later, Buterin can't handle the project as in like old years. The marketcap shows how strong competition between the altcoins for second trophy but the winner will be the XRP, in my humble opinion.
I would not doubt as both are having a huge amount of coins in circulation and battling for the top spot and if the price rallies then it is possible and XRP can come out on top because there is a use case and some businesses are using their platform and that is not the case with ETH and Vitalik Buterin was over confident that he could solve the scaling issue and we are yet to witness that. 
Bitcoin will always and be number one, ethereum Cannot be compared to bitcoin, it will remain behind bitcoin, the market cap alone is overwhelming, I think ethereum needs to step it's game up before other altcoins overtake it, such as Xrp or perhaps bnb
XRP will overtake the second place of ETH sooner or later, Buterin can't handle the project as in like old years. The marketcap shows how strong competition between the altcoins for second trophy but the winner will be the XRP, in my humble opinion.Jump to: