Bitcoin Forum

Is Ethereum going to take over bitcoin in the upcoming months?

Bitcoin is in a bearmarket and it will only go down.

https://www.tradingview.com/chart/BTCUSD/bOdOkBqk-BTC-WEEKLY-CHART-The-Panic-Zone-It-s-F-Ugly/

https://www.tradingview.com/chart/XMRBTC/CJ3kAA40-Xtreme-Mega-Rekt/

https://www.tradingview.com/chart/BTCUSD/ylqIloyI-Bearish-signals/

https://www.tradingview.com/chart/BTCUSD/8uWejBGn-BTC-Fibonacci-Time-Trend/

This will results in a ethereum moontrip

https://www.tradingview.com/chart/ETHBTC/JhdehbPD-ETH-to-the-MOON/

Are you guys ready for a ethereum moontrip or will you be left behind and rekt in a freefalling bitcoin?

Lets go , profit for everyone !  :)

I would prefer If we could speak using numbers and facts, I mean how many websites, local shops, individuals you know that accepts ethereum compared to the ones that accept bitcoin? I know they are all based on supply and demand but the real value isn't totally based on the price.

Ethereum indeed opened a lot of doors for developers of tokens, smart contracts etc... but It's definitely not something someone would use as a digital cash.

Ethereum doesn't care about someone saying hey, i accept eth here. Altough there are places that accept it, or via shapeshift. Also alphabay will implement eth in may. ETh doesn't need to be accepted by random websites to have demand, it already exists in form of gas for the platform. DAPPs/smart contracts need it, therefore the demand exists.

Do you think bitcoin being accepted as payment in different places ( but with very low volume because it's used mostly for speculative purposes ) is comparable to United Nations implementing ethereum at large scale ? http://innovation.wfp.org/blog/blockchain-crypto-assistance-wfp

Or javascript creator and mozilla cofounder endorsing ethereum ? https://twitter.com/BrendanEich/status/845028886425448448 https://www.americanbanker.com/news/web-pioneer-plans-blockchain-based-digital-ad-platform

Or santander's tokens backed by fiat ? https://cointelegraph.com/news/santander-confirms-fiat-backed-token-project-on-ethereum-blockchain

Or the ethereum enterprise alliance that actively works and develop on / for ethereum ? ? https://www.infoq.com/news/2017/03/Enterprise-Ethereum

Or the hundreds of dapps that live, beta or in work ?

Or Andreas Antonopolous, arguably one of the most important bitcoin maximalists being more interested in eth than btc and wants to talk at devcon3@ eth conference ? https://www.reddit.com/r/ethtrader/comments/61c6r8/some_vip_ethereum_tweets_to_consider/

Or the fact that the projects deployed on ethereum are worth almost 250mil usd by themselves now ?

Or the fact that there are even decentralized exchanges on it ?

Or the fact that it will be the first project to scale ? (no project currently can scale )

Bitcoin is losing people's faith. And people's faith is what keeps btc prices up. If they think it doesn't worth much, they sell. Bitcoin's utility as currency is so small it can't keep it alive without 95% speculation.

Ethereum is very bullish nowadays, I think if bitcoin has a hard fork in the future, Ethereum will go up crazily, and take over bitcoin's boss place.

ETH has no chances to overtake Bitcoin this year or anytime soon because scaling of ETH network is even worse than BTC. If mass adoption of ETH goes live it will experience the same problems BTC is facing now. Then only thing that can push ETH price significantly is dapps. As a payment network it is not suitable at all.

Ethereum is apple to bitcoin pear, the relevant comparison is monero, that is the real competitor to bitcoin. Apple vs apple.

Well because of ethereum's price growing up so you think it will take over bitcoin,
it is too early to make opinions like that because ethereum is still new be compared with bitcoin
also marketcap of ethereum is more small than bitcoin.

no and no bitcoin will return again after this fud about hard fork will go away, this is another death of bitcoin time, which is promoted by thread like this, i don't trust anyone telling me to dump my bitcoin to fee his bagholder wallet, whoever is promoting any alt it's just a baghold that want his coin to increase in value

this is actually very good that ETH price is rising and lots of people are buying it. because whales who hold around 80 million ETH coins have to dump it to the market so that people can buy and that creates some sort of distribution and when the distribution gets one step closer to reality we can see the real sell pressure and the real effect that a 90 million coin supply can have on the price and then we can see if ethereum can even stay up at 0.001BTC or not.

you can see its future in coins with large supply, coins such as Dogecoin although being an extreme example but it fits perfectly to this situation.

But distribution already exists because everyone can mine with the same video cards they use for gaming. You don't need extremely expensive equipment with over 1 year ROI that gets throw in the trash after because it has no other usage.

Only time will tell. But its possible that ethereum could surpass bitcoin. But its a long process tho. It may take years to happen. Ethereum is vey growing very quick and it could double the price later.

I thought Ethereum was supposed to be moving towards Proof of Stake at some point? Therefore, there will of course be a rise in price as people try to get in before a change happens.

However, it's still a completely speculatively currency only really benefiting from the underlying code that does not depend on the currency itself, no?

And thus the basics of manipulation in price completely takes over when POW becomes POS. People will buy in trying to earn ETH. However, a large price drop will scare people into panic selling.

Large price movements up create panic buying as people try to get in before it is 'too late'.

Typical institutional-style runs on stops (both long and short) take place, creating volatility. Volatility destroys trust in the currency. Then it is bye bye Ethereum as early buyers get sick of the uncertainty and cash out.

Of course, this is opinion. But it just seems the hype of the code in ETH mixed with fear of BTC is the sole driver of the price increase. Where is the actual -value- in ETH that isn't tied to smart contracts/coding that do not technically require ETH to utilize?

Note that laws in the United States are being made to allow for stability for banking institutions to adopt blockchain style methods into their business structure. This of course may move towards smart contract coding. Do you really think they'll be trading in ETH?

Ethereum was never supposed to be a currency, yet people are treating it like it is. This is one of the main reasons why it will not take over bitcoin in the upcoming months.

People are simply speculating and riding hype waves instead of seeing the tech for what it is.

Raiden will have something to say. If it will prove to be a success and make ethereum massively scale, then it will surely threaten bitcoin's position. I think it's the deciding factor that may tip the balance in favor of eth.

No, Etherum is a scam. Just like Dash, Monero, Zcash, and the rest. Stay away or you'll regret it.

Unless you specifically mean the inherent code itself is designed to allow for massive theft of the value of the coins, define what you mean by scam?

Are you referencing this as "tulip mania" or do you just mean it's designed as early adopters massively make money, dump, and run?

bitcoin will remains the first crypto currency. and the bullish moment of eth is related to last days news about btc unlimited/sec etc.

Yes, it will be worthless stuff, they will dump and run, and some of you will be left holding the bag. As of right now, Bitcoin is the only real thing.

Okay. So if the currency is a scam, but the technology clearly is not a scam, how does one "invest" in the technology without the currency? That's ultimately what's happening, right? The technology is becoming popular, people want to invest, and the only viable method is the coin.

Bitcoin is in a bear market, but that specifically has a lot to do with the uncertainty over BTU and the hard fork.
But bear in mind that Bitcoin accounts for more than 60% of total crypto market cap. I don't see ETH overtaking Bitcoin that soon (in the upcoming months).

That will not happen, because bitcoin is the king of cryptocurrency. See the current bitcoin prices are coming down, maybe it was because the hardfork

Etherum can be cloned, and another coin can handle contracts just like etherum could, and there may be a cap to how much etherum can become worth.

The other currencies, zcash, monero, dash, etc.., with their anonymous technology, which will be predominantly used by criminals to move cash, I don't believe will get a lot of momentum. I don't believe they will ever come close to the market cap bitcoin has achieved. Right now I see no rival. I am not saying there is no money to be made on those other currencies, I just think you have to be ontop of things and be ready to buy and sell in a instant or you may be left holding the bag. Too risky for me. I will stick with Bitcoin until something better comes along.

The recent Ether rise was fueled by speculation alone and fear of a bitcoin hard fork. If bitcoin price drops further watch Ether drop also as traders sell Ether to buy cheap bitcoin.

No. Ethereum or altcoin are an alternative coin, we have known the alternative meaning and can't replace/take over a main one. If you meant about ethereum's jumping up, that's just an altcoin and even it is how to know how much the price for each coin ?.

Your poorly thought out SPECULATION topic violates the rules.

If ETH can beat Bitcoin i will give free blow jobs to everyone in crypto.  :D

Ether would not take over the bitcoin. Ether is being pump now because of  the looming hard fork on bitcoin. But if hard fork happens, I still don't see Ether overtaking bitcoin and soon bitcoin will still recover itself from the price dip and will slowly rises the market price. Then a lot of Ether holders with dump it and buy bitcoin again. So I the upcoming months or even at the end of the year, prices of bitcoin will be at the $1200++ range again.

lol the question is laughable. In the coming months? even in the coming years there's no chance for ETH to take over bitcoin

^ and if ETH doesn't beat Bitcoin, he'll still give free blow jobs to everyone in crypto

More evidence that most alt coins are garbage.

http://valleywag.gawker.com/wolves-of-bitcoin-figured-out-a-nice-little-pump-and-1513537598

If it happens and demand is high i may have to offer a rain-check.
One gummer per customer please.
And Donator / VIP are eligible for the special "Blumpkin" package.
Sorry noobs you get just a half ass disinterested hand job. (full member or higher requirement)

Fun Fact:
The men of New York city ejaculate enough semen in a year to fill an Olympic sized swimming pool.

But anyway LOL
There is no bloody chance in hell for a LOT of reasons.
I think anyone pondering this question is dumb or literally a day 1 noob or a deceitfull shilltard.
I am so sure of this i would wager gum-jobs for all of crypto !

So?

They're just getting ready to pump etherum, then they will dump it watch.

Besides, Etherum has a cap on its price too. Can't make those contracts too expensive..... No thanks.

Thanks. Then I am happy I bought some.

You better know when the schemers will dump, because you may get left holding the bag.  :o :o

You know what i hate more than fud ? Low quality fud. If you do it, then do it right. It's like trying to insult someone, misspell every word and end up insulting yourself. You only prove you're a moron.

Bitcoin got hit pretty damn hard in the past few weeks,  but now it's above $1000 again.  Eth replacing btc?  No, I don't think so.   If I owned a house, I'd wager it and everything else I own--that's how certain I am about it.  Bitcoin has utility, eth just barely has one or two uses.  And there are hundreds of other coins I could say the same thing about.

What saved btc and helped crypto as a whole is the amount of greater fools that poured their money into btc. Japanese probably don't know about bitcoin's current situation, check jpy volume https://www.cryptocompare.com/coins/btc/analysis/USD

What's bitcoin's utility ? Speculation and currency ? You probably don't realise that probably half the places that used to accept btc don't accept it anymore. And more are giving up on btc, because the volume was too tiny to matter. People use it mostly for speculation.
ETH 1 use ? So only United Nations is using ethereum ? https://insight.wfp.org/what-is-blockchain-and-how-is-it-connected-to-fighting-hunger-7f1b42da9fe#.wjqubh86m

What good is that utility (e.g. transferring value) if I can't use it because the fees go to $100 per transaction?

You don't think most of the places that accept crypto now will not accept ETH when nobody can use Buttcoin any more.

The current standoff means fees will just keep increasing.

This war isn't over yet.

this is funny quote here,,
you say eth is scam just like you mentioned above,,

ethereum can't take over BTC because ,, BTC will always at the top for all cryptocurrency,,
BTC is the first Idea behind this cryptoworld,, and can't be replaced by another one..

ethereum price can be reach about a half of bitcoin price but it will never take over the Bitcoin

Ethereum is the scam coin that the banksters control.

Good luck laying down with the devil's dogs.

$100.00 fee to transfer how much btc? with today's average transfer fees, it would cost $100.00 to transfer $17,203.00 worth of BTC. In my opinion that's more than reasonable.

It will increase significantly if the block size is not increased and/or some off chain solution isn't able to supplant on chain demand growth.

Sorry to be the one to bust your little fantasy, but ditto for Bitcoin (https://bitcointalk.org/index.php?topic=1837136.msg18353215#msg18353215).

Well you use analysis technical for making prediction ethereum's price and trading altcoins in ethereum and you make analysis technical for making prediction bitcoin's price too, bitcoin is down trend and ethereum is up trend but doesn't mean ethereum going to take over bitcoin in upcoming months although everything can be happening, it is fluctuation of price all of coins always be fluctuating. You must use analysis fundamental for making prediction is ethereum will take over bitcoin.

I think bitcoin price is in a steady climb in the past few weeks. My only speculation is because of the Japanese market entering into the bitcoin ecosystem. I'm seeing its almost at $1200 now and will probably rise as long as there's no any FUD going around, bitcoin price will reach $1200 again. As for ETH, the price is going up and down lately, maybe because they are dumping it now and started to buy bitcoin again.

As long as the sleazy retards get paid they have no problem with it.
There is nothing more to crypto.

As long as the majority have no morals then we see a 2 sided scam game..
One side presents the bullshit and the other plays along fer teh ROI'z.

If you are not one of them then your powerless.
The majority rules.
And they are greedy selfish short-sighted worthless pieces of shit.
I refuse to play along with the little game for profits.

You are kidding right? Ethereum still an infant coin,still cant compete bitcoin, and no store accepting eth yet, so if eth replace bitcoin we will start again from 0, need to convince shop and company to adapt eth, at that time I doubt people will trust eth, because eth itself ever forked, market will crush if bitcoin fall down

I agree with most of it but it is not an infant coin. The discussion here is not acceptence or anything but marketcap.

I don’t think ETH has a slightest chance of passing BTC but it is surely far away from being infant as well. It is just a long way to go but the it had the beginning steps covered already.

It is highly unlikely for ETH to take over the status of BTC from all perspective of honesty. To be fair though ETH is growing rather strongly in very much in it's own convenience and advantages.

Calling Ethereum "young" would be an insult.
That mean it is unproven and potentially insecure.
Heard of the DAO hack ?

And if it is about market cap then why take advice from idiots who can't read the sticky msg's here ?
That proves they are fucking idiots.

Some of the smartest and most famous guys in crypto have agreed with me.. ETH can not and should not and will not be compared to Ethereum.
It is apples & oranges.
ETH was never designed to be a currency in the first place.
It's an "app's" platform on a block-chain dumb-ass's  ::)
Further more it technically can never surpass BTC because of how it actually works and what it actually is.
The notion is silly bullshit..

Oh and by the way since you all love to chant ETH is just an infant let me remind you it was ICO'd in 2014.

I am not sure about eth but if litecoin keeps the innovations like segwit open and keep improving it will definitely hit a high marketcap. With a high marketcap and all eyes on litecoin it can get close to bitcoin, definitely can’t pass it anytime soon but on long term the gap between them might close.