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Topic: will Ethereum catch up to Bitcoin? - page 3. (Read 1211 times)

copper member
Activity: 56
Merit: 1
August 16, 2024, 03:58:12 AM
#88
In the hands of a wise person will come out a wise conclusion, so in investing, I think we don't have to focus on choosing one of the coins mentioned, be it BTC, ETH and Solana, as if we have to choose the right one that is best for where we invest.

Investing in all three at once in my opinion is much better, diversifying investments in potential assets in all three is a more appropriate decision, we only need how we do risk management and portfolio management on these 3 assets, while profitable why should we bother and force to choose one, while you can invest in all three.

Golden strat and a rule! Diversification of both risks and investments is key to minimizing the troubles to come if one of the coins won't perform as intended.
legendary
Activity: 1204
Merit: 1005
August 15, 2024, 03:20:41 PM
#87
As long as Solana remains a victim of network outages, it will NEVER replace ETH in market cap. Even if developers improve the chain, it's already late to make a difference. Replacing Ethereum would be no different that replacing Bitcoin. And we all know that's impossible.

What will happen is that both Solana and Ethereum will grow in terms of mainstream adoption (usage) and market price. Bitcoin will always stay on top of Ethereum for obvious reasons. Who cares, right? As long as you're able to make money with either coin, nothing else matters. Smiley
Yeah solana is great and all but the entire economy too much revolving around meme coin that if at some point the meme trend is ended and the market runs dry of trading volume solana could also be abandoned.
not denying that there are plenty of great defi in solana too even as good as ETH but the most dominating defi in solana is the one that has something to do with meme coin.

even pumpdotfun is beating ETH in term of revenue alone, that is quite the feat because pumpdotfun is just a launchpad and ethereum is a whole blockchain even 2nd highest by market cap in term of rank but got beaten by some launchpads project, however i bet solana revenue also mostly come from pumpdotfun and any other meme related defi protocols which means too depending on meme trend. this could be a flaw.
I do agree that it's too heavily dependant on it and there is no reason to keep trusting it the way it is right now. I feel like way too many people are focusing on the wrong thing, and because of that I think it's clear that we are going to miss a big chance, shouldn't be possible and can't really make it work some other way. I know that we are going to end up with issues even further than this, and I know that it is going to take some time, but if we realize our mistakes and just focus on what we can achieve with SOL and ETH, then we will realize that picking one of them isn't a must.

We could just invest in both, and if one of them goes down, the other at least could make us money. I personally enjoy investing in both. That way I feel better about it.
In the hands of a wise person will come out a wise conclusion, so in investing, I think we don't have to focus on choosing one of the coins mentioned, be it BTC, ETH and Solana, as if we have to choose the right one that is best for where we invest.

Investing in all three at once in my opinion is much better, diversifying investments in potential assets in all three is a more appropriate decision, we only need how we do risk management and portfolio management on these 3 assets, while profitable why should we bother and force to choose one, while you can invest in all three.
hero member
Activity: 2996
Merit: 609
August 15, 2024, 02:59:12 PM
#86
on top of that there's this one issue with ETH that it showing signs of TVL escaping the platform and moving to other like solana.
the solana blockchain also beats ETH in term of fee revenue in several occasion despite ETH seemed to be having higher gas price and overall higher transaction fee compared to ETH

might be this time around ETH will tank further.

Exactly. And the recent decline in gas fees, tells us a lot about the network activity on ETH. I guess whales and shills prefer a low-cost and high-performance Blockchain like Solana. Even if that means sacrificing decentralization in the long run. Convenience goes above all else, right?

At this pace, ETH will never replace BTC. It will come nowhere near close in terms of market cap and mainstream adoption. There's a very long road ahead before ETH catches up to Bitcoin. You can't beat the real thing. Now BTC has smart contracts via the use of L2s and sidechains. Stacks and Core integrate the world of "De-Fi" into Bitcoin. How will Ethereum be able to compete with that? Institutional interest for BTC keeps growing at a fast pace. ETH will remain the #2 cryptocurrency in the world no matter what. Lets move on, shall we? Cheesy

Maybe ETH will come up with something interesting in the future, only time will tell Grin
Coming up with something or would really be just that the same? No one could really be able to tell on what are their future plans whether it would really be having those changes in related
with some good change on smart contracts or would really be that still on the same aspect. We cant really be able to deny that invention of smart contract is indeed revolutionary but
in speaking about overtaking or replacing Bitcoin into its place or position then it would really be that hard to believe on such thing. Community and consideration towards Bitcoin is really
nearly absolute and its really that hard to tell about having this kind of probabilities but well we do know that there's no such thing such as forever. Everything would really be basing up on
the community support or simply with the demand on why projects will really be sitting out on particular ranks. This is why if you would really be gonna tending to make investment with
ETH rather than on BITCOIN just because you are believing into its potential then go ahead and follow. We do have our own choices when it comes to crypto investment.
legendary
Activity: 2660
Merit: 1074
August 15, 2024, 02:23:42 PM
#85
As long as Solana remains a victim of network outages, it will NEVER replace ETH in market cap. Even if developers improve the chain, it's already late to make a difference. Replacing Ethereum would be no different that replacing Bitcoin. And we all know that's impossible.

What will happen is that both Solana and Ethereum will grow in terms of mainstream adoption (usage) and market price. Bitcoin will always stay on top of Ethereum for obvious reasons. Who cares, right? As long as you're able to make money with either coin, nothing else matters. Smiley
Yeah solana is great and all but the entire economy too much revolving around meme coin that if at some point the meme trend is ended and the market runs dry of trading volume solana could also be abandoned.
not denying that there are plenty of great defi in solana too even as good as ETH but the most dominating defi in solana is the one that has something to do with meme coin.

even pumpdotfun is beating ETH in term of revenue alone, that is quite the feat because pumpdotfun is just a launchpad and ethereum is a whole blockchain even 2nd highest by market cap in term of rank but got beaten by some launchpads project, however i bet solana revenue also mostly come from pumpdotfun and any other meme related defi protocols which means too depending on meme trend. this could be a flaw.
I do agree that it's too heavily dependant on it and there is no reason to keep trusting it the way it is right now. I feel like way too many people are focusing on the wrong thing, and because of that I think it's clear that we are going to miss a big chance, shouldn't be possible and can't really make it work some other way. I know that we are going to end up with issues even further than this, and I know that it is going to take some time, but if we realize our mistakes and just focus on what we can achieve with SOL and ETH, then we will realize that picking one of them isn't a must.

We could just invest in both, and if one of them goes down, the other at least could make us money. I personally enjoy investing in both. That way I feel better about it.
copper member
Activity: 56
Merit: 1
August 13, 2024, 01:09:51 PM
#84
on top of that there's this one issue with ETH that it showing signs of TVL escaping the platform and moving to other like solana.
the solana blockchain also beats ETH in term of fee revenue in several occasion despite ETH seemed to be having higher gas price and overall higher transaction fee compared to ETH

might be this time around ETH will tank further.

Exactly. And the recent decline in gas fees, tells us a lot about the network activity on ETH. I guess whales and shills prefer a low-cost and high-performance Blockchain like Solana. Even if that means sacrificing decentralization in the long run. Convenience goes above all else, right?

At this pace, ETH will never replace BTC. It will come nowhere near close in terms of market cap and mainstream adoption. There's a very long road ahead before ETH catches up to Bitcoin. You can't beat the real thing. Now BTC has smart contracts via the use of L2s and sidechains. Stacks and Core integrate the world of "De-Fi" into Bitcoin. How will Ethereum be able to compete with that? Institutional interest for BTC keeps growing at a fast pace. ETH will remain the #2 cryptocurrency in the world no matter what. Lets move on, shall we? Cheesy

Maybe ETH will come up with something interesting in the future, only time will tell Grin
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
August 13, 2024, 01:07:36 PM
#83
on top of that there's this one issue with ETH that it showing signs of TVL escaping the platform and moving to other like solana.
the solana blockchain also beats ETH in term of fee revenue in several occasion despite ETH seemed to be having higher gas price and overall higher transaction fee compared to ETH

might be this time around ETH will tank further.

Exactly. And the recent decline in gas fees, tells us a lot about the network activity on ETH. I guess whales and shills prefer a low-cost and high-performance Blockchain like Solana. Even if that means sacrificing decentralization in the long run. Convenience goes above all else, right?

At this pace, ETH will never replace BTC. It will come nowhere near close in terms of market cap and mainstream adoption. There's a very long road ahead before ETH catches up to Bitcoin. You can't beat the real thing. Now BTC has smart contracts via the use of L2s and sidechains. Stacks and Core integrate the world of "De-Fi" into Bitcoin. How will Ethereum be able to compete with that? Institutional interest for BTC keeps growing at a fast pace. ETH will remain the #2 cryptocurrency in the world no matter what. Lets move on, shall we? Cheesy
copper member
Activity: 56
Merit: 1
August 13, 2024, 02:57:46 AM
#82
If bitcoin experiences its much-anticipated bull run, then ether will go up with it and very likely catch up to bitcoin in percentage terms and possibly keep going, as happened during the last crypto bull run in 2021. An ether investor who is “all in” would also advise that ether will displace bitcoin in the future, and if bitcoin reaches over $100,000, that could mean $25,000 per token for ether.
In comparison, Ethereum has not been able to keep up with the price of Bitcoin. In comparison, the price of Ethereum should have been around $5000 at this time, but ethereum is currently hovering around $2700. But as far as I can predict and make charts I can say that if Bitcoin reaches $100,000 then Ethereum will probably be between $5000 and $6000. It doesn't seem possible that you are saying that Bitcoin will take over or that Bitcoin will reach $100,000 and Ethereum $25,000. But ethereum investment is a dependent investment like bitcoin. You don't lose yourself by investing. Hold the investment. I think there is still a good time to invest in ethereum.

Totally! The time is the possibility of going into ETH is there at the moment.
sr. member
Activity: 1386
Merit: 451
August 13, 2024, 02:27:00 AM
#81
If bitcoin experiences its much-anticipated bull run, then ether will go up with it and very likely catch up to bitcoin in percentage terms and possibly keep going, as happened during the last crypto bull run in 2021. An ether investor who is “all in” would also advise that ether will displace bitcoin in the future, and if bitcoin reaches over $100,000, that could mean $25,000 per token for ether.
In comparison, Ethereum has not been able to keep up with the price of Bitcoin. In comparison, the price of Ethereum should have been around $5000 at this time, but ethereum is currently hovering around $2700. But as far as I can predict and make charts I can say that if Bitcoin reaches $100,000 then Ethereum will probably be between $5000 and $6000. It doesn't seem possible that you are saying that Bitcoin will take over or that Bitcoin will reach $100,000 and Ethereum $25,000. But ethereum investment is a dependent investment like bitcoin. You don't lose yourself by investing. Hold the investment. I think there is still a good time to invest in ethereum.
copper member
Activity: 56
Merit: 1
August 13, 2024, 01:58:03 AM
#80
This is impossible to happen. Ethereum is still closely related to bitcoin, in any movement the value of ETH will not increase unless the price of bitcoin has gone through a good rate. During this time, halvings have occurred several times, do we see the price of Ethereum differing almost to the same as Bitcoin? So from there we can conclude that Ethereum is only the top altcoin after Bitcoin, while Bitcoin is still the mother of all existing altcoins.

on top of that there's this one issue with ETH that it showing signs of TVL escaping the platform and moving to other like solana.
the solana blockchain also beats ETH in term of fee revenue in several occasion despite ETH seemed to be having higher gas price and overall higher transaction fee compared to ETH



might be this time around ETH will tank further.

As we can see, people go where the possibilities are better for themselves, and it's easier with Solana I think (without those rollups needed as it's usually is with ETH, what can be better do make another memecoin to make a dump and pump, though, many memes, as I've read, stay with a good cap to this day, it's just a trend of making one which would live for a week or a month, and that's it), so it's no wonder we see a picture like this Grin
legendary
Activity: 2086
Merit: 1058
August 12, 2024, 11:33:41 PM
#79
This is impossible to happen. Ethereum is still closely related to bitcoin, in any movement the value of ETH will not increase unless the price of bitcoin has gone through a good rate. During this time, halvings have occurred several times, do we see the price of Ethereum differing almost to the same as Bitcoin? So from there we can conclude that Ethereum is only the top altcoin after Bitcoin, while Bitcoin is still the mother of all existing altcoins.
on top of that there's this one issue with ETH that it showing signs of TVL escaping the platform and moving to other like solana.
the solana blockchain also beats ETH in term of fee revenue in several occasion despite ETH seemed to be having higher gas price and overall higher transaction fee compared to ETH



might be this time around ETH will tank further.
I would say that's something we could expect time to time, not because it would be good idea to invest into SOL, but because there are times when things are hyped and that's about it, not a shocking news. I feel like we are dealing with something that won't be dealt with all that much, we just have to deal with a better situation for the long term.

I believe that we are going to make a good return for this, it won't be an issue, and for that to mean something we are going to deal with a good profit when the time comes. ETH is of course better than SOL and that will stay as true for a long time, I also think that BTC is better than ETH but that will not change as well. So all in all, just respect the order of things that we have.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
August 12, 2024, 03:25:44 AM
#78
This is impossible to happen. Ethereum is still closely related to bitcoin, in any movement the value of ETH will not increase unless the price of bitcoin has gone through a good rate. During this time, halvings have occurred several times, do we see the price of Ethereum differing almost to the same as Bitcoin? So from there we can conclude that Ethereum is only the top altcoin after Bitcoin, while Bitcoin is still the mother of all existing altcoins.

on top of that there's this one issue with ETH that it showing signs of TVL escaping the platform and moving to other like solana.
the solana blockchain also beats ETH in term of fee revenue in several occasion despite ETH seemed to be having higher gas price and overall higher transaction fee compared to ETH



might be this time around ETH will tank further.
jr. member
Activity: 157
Merit: 8
August 12, 2024, 02:05:19 AM
#77
This only makes good for an interesting argument other than that I don’t see how it’s even a discussion in the first place.

Talking about will Eth catch up to Bitcoin, We should be talking about ways Bitcoin has helped eth, the only reason why we know Eth is because of Bitcoin.

It’s actually laughable to some extent thinking about this question Eth should first try survive what Bitcoin has before thinking of surpassing.
copper member
Activity: 56
Merit: 1
August 12, 2024, 01:59:37 AM
#76
This is impossible to happen. Ethereum is still closely related to bitcoin, in any movement the value of ETH will not increase unless the price of bitcoin has gone through a good rate. During this time, halvings have occurred several times, do we see the price of Ethereum differing almost to the same as Bitcoin? So from there we can conclude that Ethereum is only the top altcoin after Bitcoin, while Bitcoin is still the mother of all existing altcoins.
Those waiting for ethereum to ever become the leader of this market will end up being really disappointed when this never happens, because despite ethereum having some nice innovations, the reality is that bitcoin is superior to it and it has the trust of the community, and as long as this is the case, ethereum will keep playing second fiddle to bitcoin, which is not that bad as we have seen many coins which have tried to challenge the position of ethereum over the years and they have failed.

I think the trust is there for ETH too, it's just that it wasn't the first to conquer it Wink And, as you said, it's completely okay and it's still viable to see ETH as a coin to accumulate.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
August 11, 2024, 06:45:15 PM
#75
I expected that Ethereum had by now made a new all time high just as bitcoin made it some months back, the market is not going well as expected from the said coin because the its falling along with the bitcoin trend but not rising as the same trend even when the market gets to a new all time high for bitcoin, ethereum  though may be targeting on altcoins season, on situation whereby the majority altcoins will rise and form a new all time high.
We can't blame the Ethereum market in it entirity for what have being happening with the values of the coin in the market since ethereum follows the market footsteps of bitcoin and alot of other altcoins still depends on the Ethereum network for their own existence, all this out alot of burden on ethereum, and this limit the coin from achieving that all time high market when bitcoin did achieved that status somewhere in March this year's, but ethereum if all things being equal, has the right capacity to make it own independent all time high market.

I believe that is what most ethereum holders are expecting from the network right now, even though bitcoin is correcting downward, I expected Ethereum to push it way up in the market because that is what is most expected of ethereum at this moment.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
August 11, 2024, 05:01:08 PM
#74
This is impossible to happen. Ethereum is still closely related to bitcoin, in any movement the value of ETH will not increase unless the price of bitcoin has gone through a good rate. During this time, halvings have occurred several times, do we see the price of Ethereum differing almost to the same as Bitcoin? So from there we can conclude that Ethereum is only the top altcoin after Bitcoin, while Bitcoin is still the mother of all existing altcoins.
Those waiting for ethereum to ever become the leader of this market will end up being really disappointed when this never happens, because despite ethereum having some nice innovations, the reality is that bitcoin is superior to it and it has the trust of the community, and as long as this is the case, ethereum will keep playing second fiddle to bitcoin, which is not that bad as we have seen many coins which have tried to challenge the position of ethereum over the years and they have failed.
copper member
Activity: 56
Merit: 1
August 07, 2024, 12:53:41 AM
#73
Yeah solana is great and all but the entire economy too much revolving around meme coin that if at some point the meme trend is ended and the market runs dry of trading volume solana could also be abandoned.
not denying that there are plenty of great defi in solana too even as good as ETH but the most dominating defi in solana is the one that has something to do with meme coin.

even pumpdotfun is beating ETH in term of revenue alone, that is quite the feat because pumpdotfun is just a launchpad and ethereum is a whole blockchain even 2nd highest by market cap in term of rank but got beaten by some launchpads project, however i bet solana revenue also mostly come from pumpdotfun and any other meme related defi protocols which means too depending on meme trend. this could be a flaw.

I guess Solana turned into a speculative Blockchain rather than an utilitarian one. I'm not surprised "meme" coins are flooding the chain. Especially when Solana has dirt-cheap fees and blazing-fast confirmation times. This encourages spamming on the network. Eventually, Solana will turn into a "garbage chain", while Ethereum will remain the top-quality chain in the Web3 world. The latter has the biggest ecosystem of dApps, tokens, and services that can't be beat. Not to mention, liquidity is among the highest of any smart contracts platform.

The smart money will choose ETH over SOL. And when we compare ETH vs BTC, the last one is the clear winner. Why focus on replacing the leading cryptocurrency? ETH can be a successful alternative of BTC. I think it will remain the second-largest cryptocurrency by market cap forever. Smiley

Great points! I do think about ETH this way, as a second road people can take instead of BTC. It's still rocky sometimes, but it's there. Memes are there, everywhere, but smart money chooses ambition and perspective rather than small-term investments. Snipers and shillers will prefer SOL for its worth and capable of, while others should and will try what's going on with ETH. There are many problems yet to be addressed and solved by Vitalik Buterin's team though, and it's interesting to see and read about what can be done with them in his blog.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
August 06, 2024, 08:58:22 PM
#72
Yeah solana is great and all but the entire economy too much revolving around meme coin that if at some point the meme trend is ended and the market runs dry of trading volume solana could also be abandoned.
not denying that there are plenty of great defi in solana too even as good as ETH but the most dominating defi in solana is the one that has something to do with meme coin.

even pumpdotfun is beating ETH in term of revenue alone, that is quite the feat because pumpdotfun is just a launchpad and ethereum is a whole blockchain even 2nd highest by market cap in term of rank but got beaten by some launchpads project, however i bet solana revenue also mostly come from pumpdotfun and any other meme related defi protocols which means too depending on meme trend. this could be a flaw.

I guess Solana turned into a speculative Blockchain rather than an utilitarian one. I'm not surprised "meme" coins are flooding the chain. Especially when Solana has dirt-cheap fees and blazing-fast confirmation times. This encourages spamming on the network. Eventually, Solana will turn into a "garbage chain", while Ethereum will remain the top-quality chain in the Web3 world. The latter has the biggest ecosystem of dApps, tokens, and services that can't be beat. Not to mention, liquidity is among the highest of any smart contracts platform.

The smart money will choose ETH over SOL. And when we compare ETH vs BTC, the last one is the clear winner. Why focus on replacing the leading cryptocurrency? ETH can be a successful alternative of BTC. I think it will remain the second-largest cryptocurrency by market cap forever. Smiley
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
August 06, 2024, 10:46:24 AM
#71
As we have seen from this fall, ETH fell a bit sharper, showing that ETH is not as strong as bitcoin during crashes and bear runs, usually going down more than bitcoin itself. That's the part which I think bitcoin protects itself, I think it's clear that we get to see this situation to be a bit more frantic whenever there is a fall and I understand why that feels like it is not a good thing, but that's fine, we could make it work during bull periods.

During bull periods ETH may go higher in % compared to Bitcoin, so that is why I feel like people end up thinking if it's possible to go above bitcoin and they are right to think that since during bull periods it does look like that for a while, like only if it continues to go up like that then it would be possible from what it seems.

But the reality is that even though it may even get close, whenever there is a situation like that, it ends up being not a serious situation and we end up with a result that is decided during the fall after that increase, because it falls even sharper. Bitcoin dominance is usually between 50 and 60, and it's still there, as long as we do not go under 40, we should be fine and I doubt it will ever go under 40.
copper member
Activity: 56
Merit: 1
August 06, 2024, 01:45:09 AM
#70
In crypto, the same metaphor is bitcoin (BTC) against ether (ETH). Since the crypto winter ended, bitcoin has outperformed. crypto over ether because historically it goes further and longer than bitcoin in the near future but until now it has underperformed.

actually it is not a metaphor but a impossible belief of desperate people that Ethereum in some time will beat bitcoin but lol that is a big joke, because there are lots of coins that is better than ethereum in which just sleeping there.
I expected that Ethereum had by now made a new all time high just as bitcoin made it some months back, the market is not going well as expected from the said coin because the its falling along with the bitcoin trend but not rising as the same trend even when the market gets to a new all time high for bitcoin, ethereum  though may be targeting on altcoins season, on situation whereby the majority altcoins will rise and form a new all time high.

We shall see how this goes and grab the opportunity by its tail! Thanks for your thoughts. I too think we will see ETH pumping back where it was.
But bitcoin will lead first before Ethereum and other coins .

Can you name some of them, the "sleeper" coins, which, in your opinion, are worth the time to read and research about?

And, I agree, BTC will lead the race, and ETH will follow. It's a simple, yet bittersweet truth for some.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
August 06, 2024, 01:43:08 AM
#69
In crypto, the same metaphor is bitcoin (BTC) against ether (ETH). Since the crypto winter ended, bitcoin has outperformed. crypto over ether because historically it goes further and longer than bitcoin in the near future but until now it has underperformed.

actually it is not a metaphor but a impossible belief of desperate people that Ethereum in some time will beat bitcoin but lol that is a big joke, because there are lots of coins that is better than ethereum in which just sleeping there.
I expected that Ethereum had by now made a new all time high just as bitcoin made it some months back, the market is not going well as expected from the said coin because the its falling along with the bitcoin trend but not rising as the same trend even when the market gets to a new all time high for bitcoin, ethereum  though may be targeting on altcoins season, on situation whereby the majority altcoins will rise and form a new all time high.

We shall see how this goes and grab the opportunity by its tail! Thanks for your thoughts. I too think we will see ETH pumping back where it was.
But bitcoin will lead first before Ethereum and other coins .
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