Topic: will Ethereum catch up to Bitcoin? - page 7. (Read 1220 times)

If you view the gap by yourself, you will know that ETH will not catch up with BTC in the industry till BTC will disappear from the industry because the teams behind BTC will make sure there is a long gap between BTC and ETH for BTC to have plenty investors than ETH in the industry.

BTC price is still in $66k while ETH price is still in $3k,  for you to see and believe that it will be difficult for ETH to catch up with the king among other cryptocurrencies, but ETH will continue to be in second position among other altcoins because their teams are capable of making it continue to top other altcoins in the industry. I guess, 2021 is too far, you can use this year bull run as an example op, when the price of BTC hit $73k this year 2024, ETH price manage to hit $4k which is the result that made many people to believe that BTC will continue to be the top among other altcoins.

If bitcoin is $100K and Ethereum is $25K how much is bitcoin capitalized? Isn't it further away than what we saw before or later, therefore it is impossible for Ethereum to catch up with bitcoin it is still too far away.
You said as an investor suggesting Ethereum replace bitcoin, how can he do it? Is it because developers have to tinker with the blockchain with other ideas? If that's the goal to catch up with bitcoin then it's impossible.

In terms of market price I doubt. Indeed there are differences with the rate of increase on these two but I think parallelism is still evident with Bitcoin and Ethereum market price if we would check a wider timeframe. They're just two different chains and tokend as well, so we cannot expect for a totally same price action. In terms of stability, not sure but I observed a better market price stability with Ethereum especially on the recent market crash so I guess it is still as promising as ever. If this is to the idea of whoch coin to invest then I'd suggest choosing both or diversifying your wallet to these two to have better investment performances than just choosing a single coin.
It wouldn't likely to catch up. Bitcoin has a bigger community to start things with. There are numerous of pumps we saw before and it's been proven that ETH will just remain next to Bitcoin, in all aspects.

No I don’t think Ethereum will ever catch up with Bitcoin if what you mean is be a higher $ price or surpass adoption. Bitcoin is the King of crypto & always will be, it’s better in every way. It has a much lower supply with a fixed cap of 21 million, compared to Ethereum where the supply is almost endless. Bitcoin is proof of work compared with proof of stake with Eth. Transaction/Gas are much higher with Ethereum. I don’t see Eth catching up with Bitcoin in any way.

I don't understand though your point of comparison with regards to Ethereum catching up with Bitcoin. You said that if Bitcoin reaches $100k then Ethereum is $25k, so if my math is correct then Bitcoin is way further ahead in terms of price. And maybe you are not yet here, but during 2018, when we are in the early stages of bear market, there are school of thoughts who think that Ethereum can reach or even topple Bitcoin at the top and they aptly called it "The Flippening". I will not spoon feed you, but it's better for you to research on it. In 2017, Bitcoin reaches a record all time high at almost $20k. But when this so called idea of Ethereum toppling Bitcoin, it has reached as low as $3k and so there are Ethereum enthusiast who think that they can do it. Unfortunately, it didn't happen. And I give you a hint, another altcoins also attempted and they called it "The Rippening", and so I guess you know what coins that is.

You also need to be aware that Eth developers has also made an implementation for its token blockchain to the SEC which by speculations it has been approved.
So in time ahead, The Eth will not longer lean its markets influence on bitcoin. This means Eth would be an independent crypto and might likely affect its liquidity. To me Eth is a good coin hopeful to compete with bitcoin but I don't see it making dominance over 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.

What do you mean as percentage terms? If it is volatile, we can even expect ether to increase more than bitcoin (but I do not think that would b possible as ether has become less volatile like bitcoin). But if referring to catching up with bitcoin, you suppose to talk about marketcap. Ether can not catch up with bitcoin for now in decades. The possibility of another coins to catch up with ether is more than the possibility of ether to catch up with bitcoin.

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.