Pages:
Author

Topic: Will Ethereum overpower Bitcoin in the future? Which side are you on? (Read 891 times)

full member
Activity: 784
Merit: 101
Everything can happen in the world of crypto, nothing is impossible, especially since ethereum has become an important part of crypto, almost all crypto projects must use ethereum, but in my opinion, this year ethereum has not been able to beat bitcoin, bitcoin is still very popular and attractive in the community
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
It seems to me that Ethereum has every chance of becoming the number 1 cryptocurrency in the world. Great prospects and opportunities. If you believe the news, Bitcoin will sooner or later begin to lose value. Here Ethereum will take its place to the delight of its fans. You just have to wait

I don't think that will happen. After all, Bitcoin is the father of Blockchain technology. It has first mover advantage on the market. When you compare both BTC and ETH's market caps, you'll notice that there's a large difference between them. Ethereum may be good, but it's not as good as Bitcoin is. The pioneer cryptocurrency (BTC) is unbeatable when it comes to decentralization and censorship-resistance. It's the golden standard of crypto. Because of these and many other reasons, Ethereum will only remain as the second-largest cryptocurrency by market cap for the foreseeable future.

Nonetheless, crypto behaves in many strange and bizarre ways. Who knows what will happen in a few years from now? I've seen cryptocurrencies rise all the way from the ground to the top in an instant. At the same time, I've seen cryptocurrencies go all the way from the top to the ground in a short amount of time. Everything will depend on demand/mainstream adoption above anything else. Right now, Ethereum is capable of doing what Bitcoin does and much more. Technically-speaking, ETH is superior than BTC. But it lacks the branding Bitcoin has, leading it towards non-stop success. By all means, the odds of Ethereum overpowering Bitcoin are very slim. Just my thoughts Grin
jr. member
Activity: 48
Merit: 1
actully i'm not sure about overpowering btc/eth - i think each of this crypto has its own marketshare and could be used for diffrent purposes. i believe eth in the best blockchain for smaert contracts, defi tools and dex projects, and btc is more about payment/exchange currency
likely actual strategy, there's no real battle between btc and eth.. eth is really good as a technology base for ico and defi projects... i choose for investment only eth based dex projects
truly to say me too - I'm really interested in dex projects based on eth, just now researching interesting stablecoin exchange - xsigma, they are based on curve platform
hero member
Activity: 2366
Merit: 504
Based on the historical data and current market status of btc, I can say that no other coin can overpower btc even ethereum. Btc is continuously dominating the crypto market because of its stability, legitimacy and very wide scope. But like what I said, it is based on the current status of btc, we don't know what will happen for the next few months of years.
It's dominance rise because it's mainly the primary option for those fund management or investment company when it comes to diversifying portfolio. It's also the reason why bitcoin was so hyped lately.

Meanwhile despite getting its share of pump ethereum struggles a lot dealing with its own blockchain traffic due to defi craze and much more they are not really good with scalability. Honestly, it's obvious that eth not gonna overpower btc and to consider that eth doesn't have limit on its total supply.
member
Activity: 1764
Merit: 10
Ethereum, of course, is constantly gaining momentum and we all of course know that the technologies and capabilities of Ethereum are incredible and are constantly very popular, but the fact is that most of the big players prefer to invest in bitcoin, and therefore it is too early to think that Ethereum will be able to overtake Bitcoin, but in the future, of course, everything is possible and a lot depends on from the big players.
jr. member
Activity: 420
Merit: 1
I don’t think it can.
Btc is btc. It's demand,supply,market cap everything is larger in great numbers from eth.
So i don’t think it can over come untill btc collapse.
But who knows anything can happen.
legendary
Activity: 2212
Merit: 1008
Bitcoin was a king until now no one can replace and take his crown as a king i believe with that
But no king can rule forever i believe someday someone will replace him
And ethereum was a prince that can take that place the number 1 place with lot of innovation that vitalik and the team make
With defi hype that using ethereum blockchain will make ethereum more strong
And we all wait for ethereum 2.0 right??
I believe there still lot of great idea and inovation project will come from vitalik and the team
So im in ethereum side

It seems to me that Ethereum has every chance of becoming the number 1 cryptocurrency in the world. Great prospects and opportunities. If you believe the news, Bitcoin will sooner or later begin to lose value. Here Ethereum will take its place to the delight of its fans. You just have to wait
member
Activity: 938
Merit: 13
AMEPAY
The blockchain and cryptocurrency industry is an industry that is constantly changing and evolving. So it’s hard to give you a binary answer inmy opinion. I honestly love both the projects.

However when I look at it from a larger perspective, I realize that the industry is rapidly changing and the top project maybe something we least expect. I see a lot of development happening in the Web3 ecosystem with respect to Polkadot. I see new projects like Concordium which are exploring new paradigms like Faas( Finality as a Service ) and are backed by years of Academic Research. DeFi is changing the way we know Finance.

If there is one thing we can learn from the industry, its that change is the only constant and BTC is King. It has always been.

Ofcourse Ethereum is very innovative, it is infact one of the most innovative projects out there, but BTC will continue to dominate unless Ethereum brings something so huge that it will lead mass adoption and will be seen a better store of value than BTC. Ethereum was never intended to be a store of value.
I think BTC is a brand and is known to be the ambassador of blockchain tech and innovative digital economy so it will remain at the top always while Eth is a whole lot ecosystem of applications, softwares, automation, coding and contracts that will eventually bring adoption. So both are different and unique and both can survive together and take the tech forward.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Based on the historical data and current market status of btc, I can say that no other coin can overpower btc even ethereum. Btc is continuously dominating the crypto market because of its stability, legitimacy and very wide scope. But like what I said, it is based on the current status of btc, we don't know what will happen for the next few months of years.

As much as I like ethereum, I don't think they can overpower bitcoin even in the next years to come. They have different use case in the crypto market. And right now, a lot of crypto users are leaning on btc as their first choice. One common reason is that, most of their local crypto exchanges have only btc to their fiat conversion. So they have no other choice but to convert their crypto to btc, in order to get their fiat.

hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
I don't believe that ETH would overpower Bitcoin even in the future.
The only thing that ETH could overpower BTC is it's supply other than that I believe that there are no other thing ETH could overpower BTC.
newbie
Activity: 22
Merit: 0
actully i'm not sure about overpowering btc/eth - i think each of this crypto has its own marketshare and could be used for diffrent purposes. i believe eth in the best blockchain for smaert contracts, defi tools and dex projects, and btc is more about payment/exchange currency
likely actual strategy, there's no real battle between btc and eth.. eth is really good as a technology base for ico and defi projects... i choose for investment only eth based dex projects
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
Ethereum can't overpower bitcoin

1. Bitcoin is more recognized than Ethereum
2. Bitcoin have the lowest max supply
3. Bitcoin controls the highest volume and liquidity, if Bitcoin revaluate all other coins will follow
4. We don't know what the CEO of Bitcoin looks like, bitcoin practice decentralized more than other
jr. member
Activity: 48
Merit: 1
actully i'm not sure about overpowering btc/eth - i think each of this crypto has its own marketshare and could be used for diffrent purposes. i believe eth in the best blockchain for smaert contracts, defi tools and dex projects, and btc is more about payment/exchange currency
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
There is actually nothing Ethereum can do that Bitcoin cannot do better.. Ethereum should stay with it's original goal to be the Smart contract platform and not try to compete with Bitcoin as a currency/commodity.  Wink

The Ethereum gas introduction has severely hampered Ethereum's chances to be the King of Crypto currencies and the introduction of the Lightning Network has strengthened Bitcoin's chance to stay on top as a currency/commodity platform.

As you said, things change quickly in the Crypto world, so nothing is guaranteed and set in stone.  Wink

Exactly. Ethereum isn't meant to replace Bitcoin in the long run. It's actually meant to be a complement of the main Bitcoin blockchain by providing smart contracts functionality. The fact that Ethereum has an undefined supply, makes it unsuitable as a store of value. It's works more as a currency because of its inflationary model. While Ethereum is superior than Bitcoin in technical terms, it's a completely different thing. Comparing both ETH vs BTC is like comparing apples vs oranges.

I believe that Ethereum will remain as the second-largest cryptocurrency in the world, as no other altcoins matches its level of development and innovation. But Bitcoin will always be the "King of Crypto" because it's the father of Blockchain technology. This has given Bitcoin first-mover advantage on the market, unlike no other cryptocurrency in the world today. In the end, ETH will grow alongside BTC in terms of mainstream adoption. Most people are on the "Bitcoin side" because it's the one cryptocurrency which started this craze. Ethereum still has its supporters, but it's not as comparable as Bitcoin today. Depending on different situations in life, will be the type of cryptocurrency to use in the real world. Let's hope that both blockchains (ETH and BTC) scale in order to boost mainstream adoption as much as possible. Just my opinion Smiley
full member
Activity: 896
Merit: 100
I'm always on Bitcoin sides especially now that there are a lot of questions about Ethereum's scalability, Bitcoin have proven themselves in every worst scenario or situation it encounter, the dominance is always there it never went down to 50% I have not known of any investor without Bitcoin in their portfolio and I always encourage newbies to study Bitcoin first before any coin in the market.
you are right, bitcoin will always come first in the crypto market compared to ethereum. But ethereum is not without opportunities in the market. ethereum is a sizeable asset and has been alongside bitcoin for quite some time in the crypto market. comparing the two I think not so good. have both I think is the best. ethereum is not a bad asset.
full member
Activity: 2324
Merit: 175
I'm always on Bitcoin sides especially now that there are a lot of questions about Ethereum's scalability, Bitcoin have proven themselves in every worst scenario or situation it encounter, the dominance is always there it never went down to 50% I have not known of any investor without Bitcoin in their portfolio and I always encourage newbies to study Bitcoin first before any coin in the market.
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
Bitcoin is the first coin ever and I can not imagine Ethereum will over power Bitcoin in the future.
Even though it could happen, it seems that it will not be easy for Ethereum to master Bitcoin, because logically it has been seen, Bitcoin is growing very strong and even Bitcoin has been considered a cryptocurrency icon by some people in crypto.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform

Of course Ethereum is very innovative, it is infact one of the most innovative projects out there, but BTC will continue to dominate unless Ethereum brings something so huge that it will lead mass adoption and will be seen a better store of value than BTC. Ethereum was never intended to be a store of value.
If we are going to take this current situation where there a re a lot of scam DeFi projects in the Ethereum network plus the fee is very high I don't think Ethereum will or can over power Ethereum they should first check scalability of their network and stop this fake DeFi's from launching
in their network, Ethereum has been in the number two spot for a long time and they are always a threat but I don't think it's capable.

Bitcoin still gathered more trust and support both from crypto peps and non crypto followers, the fact that it was the very first crypto coin being known from the sphere keeps him in place as top crypto of all time. With you statement in regards to ETH the chain will continue
to be like that as developers both true and scam projects used this system.




Quote
We couldn't really be sure about the future we don't even know what would the future developments that would happen in both ETH and BTC.
So we couldn't say if ETH could overpower Bitcoin in the future or it would just stay on the shadow of Bitcoin forever.


That's the future to show us. We don't have that capabilities as we are referring everything to current acceptance and developments.
newbie
Activity: 23
Merit: 0
The blockchain and cryptocurrency industry is an industry that is constantly changing and evolving. So it’s hard to give you a binary answer inmy opinion. I honestly love both the projects.

However when I look at it from a larger perspective, I realize that the industry is rapidly changing and the top project maybe something we least expect. I see a lot of development happening in the Web3 ecosystem with respect to Polkadot. I see new projects like Concordium which are exploring new paradigms like Faas( Finality as a Service ) and are backed by years of Academic Research. DeFi is changing the way we know Finance.

If there is one thing we can learn from the industry, its that change is the only constant and BTC is King. It has always been.

Ofcourse Ethereum is very innovative, it is infact one of the most innovative projects out there, but BTC will continue to dominate unless Ethereum brings something so huge that it will lead mass adoption and will be seen a better store of value than BTC. Ethereum was never intended to be a store of value.

It's a weird one. I mean most of us are big bitcoin moonboys. That being said I cannot disregard the absolute utility Ethereum brings to the table. That has been made very clear with the recent surge in Defi and honestly the influence of Uniswap is a massive leap for the industry. Staking pools like yearn and fiscus.fyi would never have been possible without it. So Ethereum has its place. Keep in mind in most places around the world the only way to enter crypto is only via btc and it will be for a long time to come.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
too far equating bitcoin with ethereum although ethereum has lose one rank  in terms of popularity and enthusiasts in the ethereum market very far behind and it is proven if bitcoin has increased ethereum can only be silent If this continues, no changes will be made to ethereum it is impossible to beat bitcoin in the future
Pages:
Jump to: