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Topic: Will Ethereum overpower Bitcoin in the future? Which side are you on? - page 2. (Read 911 times)

full member
Activity: 434
Merit: 100
This discussion has been debated many times in the last couple of years. And I still stand by my position that Ethereum will not be displacing Bitcoin as the number 1 cryptocurrency. Taken that Eth has developed massively in terms of innovations and blockchain services offered, however, Bitcoin still stands as the most accepted crypto coin because it was the first one to be created. Acceptability trumps development here. It's like asking people to switch to a new religion and dump the one they grew up with. It is always going to be difficult.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
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
sr. member
Activity: 2352
Merit: 245
I my opinion Ethereum will not wishing off bitcoin on the first rank. Bitcoin is still the king of cryptocurrency where it is the pioner.
Bitcoin is the first cryptocurrency who have a huge community. No one can replace bitcoin.
Ethereum is now just developing and trying to solve the problems that have arisen. The network is now very congested, as the load on it has increased greatly. We are all waiting for the promised improvements to Ethereum 2.0, which should solve many problems, including the scalability issue of this coin.
Ethereum and Bitcoin do not conflict with each other, since they are completely different coins in terms of functionality. In the near future, ethereum will not be able to surpass Bitcoin either in price or in terms of capitalization. Well, no one knows what will happen next.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Thinking of the future bitcoin will stay become the number one as bitcoin was has more fan then ethereum. Like or not bitcoin still like a father for all altcoins so i dont think peoples will dump bitcoin for Ethereum. But i still do think ethereum will be stay at number 2 and hope xrp shit token will not replace ethereum at second anymore.
Yeah bitcoin definitely has its own fanbase that's not gonna switch to any altcoins other than just for making profit and Ethereum too has fanbase all over the world. but, Ethereum's growing pace both in market cap and development of projects within the platform is kinda fast that it's not impossible for it to eventually overpower bitcoin in the future but whether it's gonna happen or not it's always good to have some kind of competition.
The exchanges out there also keep contributing to build up the ETH hype, kinda curious when the future unfolds and we gotta see which coin dominates.
sr. member
Activity: 1274
Merit: 252
It is very difficult to say, "overpower" has many facets of meaning. It has been answered by @OP itself that in terms of platform, ethereum is overpower because they are constantly being developed and are getting more advanced in terms of the blockchain platform. There are many sides of the meaning that we can get on this topic and it returns to each user to think and refer to who has the meaning of "overpower". I'm on both sides, to be honest bitcoin and ethereum don't fight so why should I choose one side only, if we can choose both sides.
sr. member
Activity: 784
Merit: 314
I my opinion Ethereum will not wishing off bitcoin on the first rank. Bitcoin is still the king of cryptocurrency where it is the pioner.
Bitcoin is the first cryptocurrency who have a huge community. No one can replace bitcoin.
member
Activity: 518
Merit: 11
Let me explain it to you in a simple way dude, as long as Bitcoin community supporters believed in it, surpassing its price in the market will not happen. Ethereum will always next into bitcoin in the cryptocurrency business industry always bear that in your mind. Even ETH built a huge community in different countries not enough to say that ETH can overpower Bitcoin in the future, hope you understand.
member
Activity: 336
Merit: 10
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
full member
Activity: 346
Merit: 100
Thinking of the future bitcoin will stay become the number one as bitcoin was has more fan then ethereum. Like or not bitcoin still like a father for all altcoins so i dont think peoples will dump bitcoin for Ethereum. But i still do think ethereum will be stay at number 2 and hope xrp shit token will not replace ethereum at second anymore.
sr. member
Activity: 337
Merit: 250
I still believe that Bitcoin will still hold dominance in the cryptocurrency market for a long time. With the level of transaction volume as well as active trading in the market and the level of trust of investors, Bitcoin will still have the largest market value. Ethereum is a good coin and is used by many projects but in my opinion in terms of market cap value it will take time for ethereum to surpass Bitcoin
There is no coin that can be compared to Bitcoin at this time and if compared to Ethereum it is a very lame comparison. I think every coin has its own strengths, but when it comes to technology, Ethereum is the best choice for the future.

However, when it comes to this market, people will first mention Bitcoin and this is what makes this coin always have great value in the crypto market.
sr. member
Activity: 2618
Merit: 439
Simple answer,NO Ethereum will never Overpower Bitcoin.

Maybe in the next 10 years who knows but not in our days now and not tomorrow.

Ethereum needs top prove More before even get Close to What bitcoin has already done.

People support Bitcoin as market showing us all these years.
hero member
Activity: 1372
Merit: 503
It will be very difficult that ETH will overpower BTC in Future. It is true that maximum projects are ETH based but Btc is the mother cryptocurrency. When we talk about crypto, First currency which comes in our mind is that is Bitcoin. I am on Bitcoin side.
Yes you are right. Bitcoin is the first crypto and will always have bitcoin on my wallet but we cant deny the fact that ethereum also become part of the bigger ecosystem on blockchain. Most of the major altcoin platform residing on eth network and we can see that clearly that adoption or usage of eth network is highly in demand. Overpower is like a big termed but I can say that eth can be useful like bitcoin too.
sr. member
Activity: 602
Merit: 253
That's a hard thing to answer considering bitcoin has always been number 1 all this time. Ethereum on the other hand is very popular as well, but still cannot beat bitcoin.
But in the future, that's kinda tricky to guess, because anything can happen. With more development and others it might be possible. But overpower in term of what? Is it Value, Volume, Popularity or something else? Well, we're waiting for Eth 2.0 so I expect at least something good should happen at that time.
jr. member
Activity: 1141
Merit: 1
It will be very difficult that ETH will overpower BTC in Future. It is true that maximum projects are ETH based but Btc is the mother cryptocurrency. When we talk about crypto, First currency which comes in our mind is that is Bitcoin. I am on Bitcoin side.
legendary
Activity: 3766
Merit: 1217
Bitcoin will always be the number one, simply because it is the original cryptocurrency. All the other cryptocurrencies such as Ethereum, Litecoin and Cardano have plagiarized large parts of their idea from Bitcoin and then added small enhancements to remove the deficiencies. That is not enough to overtake Bitcoin. In order to do that, you need a better idea. The current bunch of alts can't provide that.
full member
Activity: 532
Merit: 114
To overpower Bitcoin despite the volatility and unpredictability in cryptosphere, is no easy feat. Firstly, like google for internet, bitcoin has become synonymous with crypto. Secondly, it is the most popular fav coin of the masses, named king of crypto, and holding that unbeatable title exclusively.
member
Activity: 504
Merit: 10
YOUC | John McAfee Supports
That will depends on the Ethereum's developments in cryptocurency. Bitcoin is the root all of coins, it will be hard to overpower it.
Now ETH is going to become ETH 2.0 and we will see if it can surpassing Bitcoin or not.
Bitcoin market cap value is the highest, it is because many coin lost in circulation, so it will be hard to surpass the bitcoin market cap value.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
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.

For what I know, the competition is getting fierce every day. Right now Ethereum is in the lead, but that could change in the future as other Blockchain platforms take the world by storm. It's all a matter of adapting to the latest technologies in order to stay ahead of the game. With Ethereum constantly delaying its PoS upgrade, its competitors could gain an advantage in mainstream adoption. I don't think Ethereum will overpower Bitcoin anytime soon since it's not meant to be a store of value. Ethereum works better as a complement to the main Bitcoin blockchain than a replacement. Comparing both Bitcoin vs Ethereum is like comparing apples vs oranges.

Needless to say, anything can happen in crypto land. I've seen many prominent projects like Polkadot, Tezos, and Cosmos advancing in development and innovation. If Ethereum fails to scale, you could expect these alternative blockchain networks to take its place anytime soon. But taking down Bitcoin is another story. The premier cryptocurrency has brought Blockchain technology to the world, with a solid foundation built upon it. You can't take down something that started it all. At this point it's practically impossible for Ethereum or any other cryptocurrency to overpower Bitcoin in any way. Ethereum might as well focus on being an alternative blockchain network for smart contracts than a store of value. For different purposes/situations in life, will be the type of cryptocurrency to use in the mainstream world. I'm on Bitcoin's side since no other cryptocurrency matches it in terms of security and decentralization. With ETH switching to PoS soon, it will become less decentralized than Bitcoin. And you and I know, this reduces the odds of ETH overpowering BTC in the future. Just my thoughts Grin
newbie
Activity: 14
Merit: 0
I am still on Bitcoin. ETH introduces a new form of cryptocurrency, but Bitcoin is different. Its the most decentralized asset in the space.
sr. member
Activity: 406
Merit: 250
The Fourth Generation of Blockchain in DeFi
This might be possible but not in a near future. Ethereum is making a name for itself, its being used in a much more regular transaction than bitcoin. But bitcoin is still being hyped even until now.
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