Topic: will Ethereum catch up to Bitcoin? - page 5. (Read 1220 times)

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.

True, currently Solana (SOL) has about $83B and Ethereum (ETH) has almost $400B, although almost 5x multiples, but it makes more sense that Solana will catch up to Ethereum than Ethereum chasing Bitcoin (BTC) which has a lower multiplier from the MC side.

catch up in what term?

if what you mean is Ethereum will even break bitcoin price and capitalization then I think will never come .

Bitcoin is bitcoin , and ethereum will be always ethereum (the second coin)

catch up in what term?

if what you mean is Ethereum will even break bitcoin price and capitalization then I think will never come .

Bitcoin is bitcoin , and ethereum will be always ethereum (the second coin)

ETH developers are sluggish enough not to solve on-chain scalability issues on time. Instead, they're forcing users to move to centralized L2 networks. While I don't think Solana will surpass Ethereum's market cap in the future, it will grow larger because of its higher TX capacity and cost-effectiveness. At its current state, ETH gas fees are more expensive than Bitcoin's network fees. There are some smart contracts taking up a lot of network resources on Ethereum.

The idea of PoS + Sharding making ETH faster and cheaper to use is long gone. Everything is the same as it was when ETH was just a plain PoW blockchain (it's even worse now). Why would ETH catch up to BTC? No one can beat the "King". Hopefully, ETH developers address on-chain scaling issues before it's too late.

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.

If you wanted to explain it, you might suggest that ether developers are constantly tinkering with the blockchain, regularly injecting their new ideas into the system, which may or may not solve the blockchain problems they want to fix and that tinkering decreases the value of ether because inject uncertainty. A group of geniuses tinkering with the crypto financial system, in some ways exactly what governments do with fiat and the reason why those who hate fiat and love crypto want to get out of fiat. So Ethereum developers acting like a central bank might just hinder its valuation. “Code as law” isn't very convincing when some young, faceless programmer can act like Judge Dredd with your bag of crypto.
Bitcoin -1.2%, on the other hand, there is almost no such interference and no system flipping every time some developer thinks something is wrong with it. The idea of ​​decentralization is still strong in bitcoin and changing the system is incredibly difficult and the structure is hardly decentralized. bitcoin marches on, seemingly impenetrable to much human influence.

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.

the network congestion thing will probably get solved, i heard there's already solution for it and currently on testing in solana.

couldn't agree more with your last statement, ethereum is stagnating in term of technology, too much depending on its L2 and rollups to solve scalability while the main blockchain just stays the same.

ETH need to speed up the blockchain and solve scalability issue in the main blockchain if it wants to retain its position as the number 2 biggest crypto, otherwise solana will be a big contender that will slowly taking market cap of ETH little by little.

yes if we involve Solana in the discussion and compare with Ethereum of course Solana is much better, and today it is more widely used, and yes some congestion problems on the solana network just need to be fixed and fixed that I think ETH will be overtaken by SOL rather than ETH catching up with BTC, even though ETH is considered a bluechip in the crypto market but indeed the technology has begun to be disrupted by much better competitors.

the network congestion thing will probably get solved, i heard there's already solution for it and currently on testing in solana.

couldn't agree more with your last statement, ethereum is stagnating in term of technology, too much depending on its L2 and rollups to solve scalability while the main blockchain just stays the same.

ETH need to speed up the blockchain and solve scalability issue in the main blockchain if it wants to retain its position as the number 2 biggest crypto, otherwise solana will be a big contender that will slowly taking market cap of ETH little by little.

In terms of network fundamentals, Solana (SOL) is stronger than Ethereum (ETH), although a while ago there was a congestion or hacking incident on the Solana network, I think it's only a matter of time until Solana completely overtakes Ethereum's MC ranking. What I mean is, how can Ethereum beat Bitcoin, when in terms of technology alone Ethereum has lost to Solana. So, it's just pure bullshit for people to say Ethereum will beat or catch up to Bitcoin.

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.

Agreed. ETH will be the golden standard of an altcoin, however, BTC will be there waiting at the №1 place.

In terms of network fundamentals, Solana (SOL) is stronger than Ethereum (ETH), although a while ago there was a congestion or hacking incident on the Solana network, I think it's only a matter of time until Solana completely overtakes Ethereum's MC ranking. What I mean is, how can Ethereum beat Bitcoin, when in terms of technology alone Ethereum has lost to Solana. So, it's just pure bullshit for people to say Ethereum will beat or catch up to Bitcoin.

ETH has become quite weak coin honestly that I think solana might get the chance to overtake it maybe next bullrun, even weaker compared to BTC.
seeing recent price action where BTC pumps from $62k all the way to $69k and ETH just climbed from $2080 to $2200 is sad really.

also, agreed with the ordinal that allows BTC to have functionality similar to ETH and also BTC already has many L2 that allows smart contract and liquid restaking protocol, BTC didn't lose out to ETH in term of functionality at all.

No I do not think this is going to happen. Bitcoin will be the always number 1 coin jut because it was the first of them all.

It has a big marketcap of $1.37 Trillion. And the marketcap of Eth is only $405 Billion. I do think there is going to be alot of hodlers for Eth but it will be behind Bitcoin.

In terms of supply, Ethereum has unlimited supply.
In terms of security, Ethereum has inferior security compared to Bitcoin.
In terms of popularity, Bitcoin is known more than Ethereum.
In terms of price stability, Bitcoin is more stable, and Ethereum gained and lost almost 42% of its value in 3 months.

You shouldn't believe anyone who claims any crypto coin will surpass Bitcoin or even catch up to it in any field, whether it's an altcoin, meme coin, or shitcoin. The only coin that has surpassed Bitcoin is Monero, and only in security.

So no, I don't think Ethereum will ever catch up to Bitcoin.

100% correct, the most basic thing is that Ethereum (ETH) loses in terms of age, then scarcity, apart from that they also lose in terms of adoption.

Q: But Bitcoin (BTC) doesn't have what advanced blockchains like smart-contracts have?
A: With recent developments like Ordinal, isn't it already part of advanced blockchains? although the Bitcoin community doesn't like this.

As time goes by, the supply of Ethereum (ETH) will increase, because the supply is unlimited. So what other basis can Ethereum (ETH) surpass Bitcoin (BTC) someday? none at all!