Bitcoin Forum

ETH will overtake BTC. Surely this is now inevitable. The way it's going it could be a few days away. At the most a few months, and certainly by the end of the year.

Taking this as a given, what will happen to crypto in general? I expect a fair amount of mainstream articles mentioning how Bitcoin has been surpassed, and how if you'd spent $x on ETH at a certain point, you'd now have millions. I'd expect this in turn to lead to greater mainstream interest in crypto in general, and permanent price jumps across a range of coins.

I'd say ICOs would get more feverish too, but these are already pretty insane.

I will believe if the more coin will using etehreum as a pair, i mean the price of altcoin will use the ethereum conversation pair. And ethereum will have the same power with bitcoin. But bitcoin still be the main pegged of crypto. A lot of media will make the news about that.

They serve different functions they're not really competitors. Ethereum is an open source block chain based distributed computing platform which provides smart contracts, Bitcoin is a peer to peer decentralized currency.

To  be hinest, I don't like ETH as coin/currency,
the transaction is also slowing down now,
it was about couple second to confirm and it may take 40 seconds or more to confirm.

another thing,
the market is thin,
you can compare it to other coin where the sell and buy is thick,
in other coin, selling nad buying may be more than 1 bitcoin value. in ETH it is not that case.

By the way, I am having eth and I am also top 10 ICO in a big token which using eth.

In general, it is good that crypto having another backbone,.... please also push other crypto coin to be another backbone, trust me, it will be very good.

Competition is good for business, right? Like you I also don`t like ETH, there are other coins that I prefer more, but ETH is rising up, and devs there are doing very good job I need to give them credit for that. In price and in many things ETH is right after bitcoin, and I think ETH will stay there for a long time, maybe we will see some turns but not in some near future.

for sure many early holders will be happy and those who believes will prosper while those who thinks that it's just a bubble will cry out loud and fud from time to time, its really hard to say since the development and many coins had been develop to use eth platform, let see how this movement will bring eth to number 1.

We are starting to see more and more of these threads. And it's usually newer crypto investors that think they hit the jackpot. We'll see what happens.

as far as marketcap goes it is already number 3 with bitcoin number 2 and another random altcoin on number 1 so it can't happen for a very long time.

as far as price goes, the pump is highly unlikely to be able to bring any altcoin's price as high as bitcoin's and keep it there for long. the high price of bitcoin comes from its vast utilities. ethereum just has one usage and that is for creating new smart contracts which you see them as lots of ICOs and nothing else.

as far as usage goes, many people love to call ethereum a currency whereas it is not and it sucks as being that if you ever try it and it already costs a lot to pay the transaction fees for it.

so in short no, being number 1 requires a lot more features and usefulness which I see ETH lacking.

either a) wont happen b) happens way down the road but only by marketcap.

so if b) does happen who cares. BTC will still be valued wayy higher in $ per coin

This. I just don't see ETH overtaking Bitcoin in price. Marketcap sure. But the price per coin will not be close for at least a very long time. Eth is growing, that's a given. But I don't see it overtaking bitcoin any time soon.

It's not going to happen. Eth is the embodiment of the altcoin bubble waiting to burst. Bitcoin is still the pioneer and clear lead of cryptocurrency. What are banks and governments experimenting with in real life? What currency do exchanges base their markets off of? What do people actually use, more than any other crypto, in real life? Which is the most well known?

Bitcoin is obviously the answer to all of those still. The only thing Eth is used for is to distribute other shitcoins. It's going to die soon. Put your shorts in while you still can.

To clarify, I meant simply ETH overtaking BTC in marketcap, and whether this would generate publicity outside the crypto world, and if so, how this extra publicity would affect crypto in general.
I didn't mean volumes, or anything to do with how ETH and BTC are used.

not to be rude, for interrupting the thread, but whats ICO ?

Well maybe their will be a Local Exchanger will exchange it directly to fiat aswell as maybe their are more adoption will happen globaly and Price well be more fun to speculate after more years to come on it but its to early to tell that ETH will became a top 1 coin since bitcoins price are more expensive right now and surely more people prefer to used it on their transaction matters.

Ethereum might overtake Bitcoin, but that won't last long, bitcoin will react. The crypto world become more competitive day be day with the new money flowing in.

It means Initial Coin Offering an unregulated by which funds are raised for a new cryptocurrency venture. Anyways you can research on that through Google.

And regarding the topic, I doubt ETH would be the # 1 coin. I'm a solid bitcoin fan, and I don't think both currencies are comparable.

Indeed that's really ridiculous to see altcoin be a #1 coin in crypto-currency and replace Bitcoin. We should be realistic here to see the fact any altcoin can't replace Bitcoin ever.

Your signature is broken dude.

Initial Coin Offering. You can search it through Google.

The worth of ETH (and every other alt) is still measured in BTC and not the other way around and that makes BTC the #1 coin, not the market cap which is actually a pretty random number since the amount of freely available ETH is much smaller than the total supply.

The problem of bitcoin is UASF. that makes the bitcoin chain gets forked in the future. As you can see the bitcoin must drive the UASF to be succesfully in the future. Or the fork goes wrong and bitcoin turn to the big fail.

Ethereum (ETH) trading volumes have outperformed Bitcoin in the last few hours, according to CoinMarketCap data. Where it is possible to see that ETH moved US $ 1,417 billion in volume compared to Bitcoin's US $ 1,328 billion.
All of this move that leveraged ETH may have a history in the great demand for its Blockchain technology and adoption by large companies, and accompanied a more upbeat price increase compared to the BTC, which increased only 1.62%. The fortunes of most major altcoins were reversed over the weekend, while the bitcoin price itself improved by taking some of the lost ground, which for investors appeared to be the long-awaited bubble awaited, which accelerated last week.

Just to clarify again for those who thought I meant something else... I wasn't talking about ETH being more important than BTC, or more expensive per coin, or about the extent to which marketcap is an indicator of inherent worth.

I just meant will there be a media reaction when ETH becomes #1 in marketcap, and if so will this be good for crypto as a whole?

If we're talking about market capitalization of ethereum to pass bitcoin's market capitalization, this is totally possible, but don't forget that the increase in the total number of coins is bigger in ethereum.

While I never had any doubts that ETH was not going to surpass bitcoin anytime soon it is incredible how fast things change in the world of cryptocurrencies, one month ago people actually thought that ETH had a chance to surpass bitcoin and now look at the difference in the market cap, it is huge and it is going to get even bigger, this show us that is OK to be optimistic but we must set limits to it or we may fool ourselves with our predictions.

Mark My word ETH will be Next King IF if if .... Bitcoin Split then for sure ETH will take over position of Bitcoin
No one ever knew when but i can say one thing this could be happened soon !!! Just Chilled  ;D

ETH isn't a coin but a technology. Look at Enterprise Ethereum Alliance. They're moving Ethereum forward, not specutalions.

I disagree, if bitcoin split and supposing that made a lot of damage to the image of bitcoin and it never recovered, the next in line is not Ethereum, the next in line is Litecoin, which is basically bitcoin with segwit activated already so we will continue as usual except that the name of the coin most people support will change slightly, Ethereum is a good technology but it is not a currency.

This post makes the supposition that Ethereum is preordained to dethrone BTC, which I believe is not necessarily the case for multiple reasons. Just like any other market, when one market participant gains too much market share or appreciates too much competition materializes out of woodwork and brings the profitability down as you would expect.  

1. There are several other cryptos that are targeting the crowdfunding markets including Waves (see https://wavesplatform.com) and  Ardor/Nxt (see https://www.ardorplatform.org) that are thought of highly by many crypto investors and have much lower market caps.  

2. Rootstock is coming which will give Bitcoin smart contract capability, please see http://www.rsk.co. This could put a dent in Ethereum's market share.

I have invested in ETH, and XCP, WAVES, ANS as potential competitors and am considering UBIQ as a new investment.

I still stand by the first part; I'm still convinced ETH will overtake bitcoin in marketcap. And I still think there's a reasonable chance it will happen by the end of the year. I was wrong to say 'certainly', though!
Once bitcoin calms down (and fingers crossed it's soon, Segwit support is still at 100% https://xbt.eu/ ) , and once any remaining 'sell the news' is over, I think we'll be back to another bull market for ETH. But yes, I got carried away with 'certainly by the end of the year'. How about 'possibly this year, probably (but not definitely) next year'?  ;D

Why next subjects is Litecoin? I know Litecoin is version 2.0 of Bitcoin and it just have mission PR, support or testing SegWit helps Bitcoin. Ethereum really best choice after Bitcoin SegWit2x and get some error

I don't know  but I think never be no# 1 in crypto.

if eth becomes too expensive, it becomes a strange coin to power dencetralize apps

There is no way ETH will overtake bitcoin there is lots of hackers attacking on ethereum platform like coindash lost 7 million and coinbase also recently attacked . Even after ethereum hardfork its not improved but it is not bad it will be in second position.

The hack was not the fault of Ethereum. Coindash hack was their problem because they could not secure their website during the Ico, same with parity. In coinbase case also, the drop in the price of Eth was due to coinbase software glitch and not because of Ethereum.

I'm not sure how ETH could ever take over BTC when it's moving up and down with BTC price. It's not as independent and it seems like it relies on BTC.

As mentioned, Ethereum is a platform and technology, and it is not competing with Bitcoin.

I really support Ethereum and I don't think it really matters which one has the biggest market cap, for me both are undervalued right now.

Bitcoin is being accepted in more and more places and in some countries, including mine (Brazil) it is still the only way to enter the crypto world (meaning that I still can't trade my local fiat currency directly to ETH yet in Brazilian exchanges, I need to buy BTC first and then trade it for ETH), but as an investment and technology I prefer Ethereum.

I do not know what will happen, however, I am sure ETH can not bypass the bitcoin, its power is not enough to compete with bitcoin, it is still a fledgling currency and it carries gaps in security.

Not gonna happens till the next 3-5 years as eth is nothing in front of bitcoin it has had a good increase this year but that's only of 300$ while bitcoin has increased by more than 1200$ and recent hacks on eth led to a further drop in price because investors now trust bitcoin more than eth. All the ico things are fun with eth but holding few eth won't really hurt much.

Bitcoin will Always be Bitcoin, THE main crytpo , And Everything else will stay as an Altcoin, even Ethereum.

Can you tell me when you try to cash out some money which cryptocurrency you use ?

And eth has more way to go before it can level nor surpass bitcoin.
Eth is the top alternative currency but bitcoin is the no. 1 crypto currency.
They're are too far different from each other from peer to peer to open source block chain down to their own value.

There are several reasons.
1 Litecoin is an old coin so people trust it because of it.
2 Litecoin is basically bitcoin with segwit activated so we can avoid all the drama of the activation and a split.
3 If I remember correctly some devs of bitcoin core have stated that they will move to litecoin if segwit was not activated on bitcoin.

Don’t get me wrong ETH is a good crypto but it is not a currency in my mind and as such it cannot perform the same functions as bitcoin did.

I would use bitcoin :)

The thread was supposed to be speculation about what would happen to the wider crypto market when (okay, if) ETH surpasses BTC in marketcap. Appreciate the title could be considered slightly inflammatory though.

Yes, I don't think ETH would ever become the sort of gateway coin that BTC is. BTC and ETH each have their own strengths, I don't see them as competitors to one another.

If ethereum became the #1 coin it would be called the "flippening" and tons of ethereum owners would be out purchasing Lamborghini cars lol!

However with raiden being delayed, I don't see it happening at least this year.

If ETH becomes altcoin number 1 then the second revolution will take place after Bitcoin. I think this will probably happen because in just one year ETH has a very high price and the number of people investing in this altcoin is huge, especially in ICO projects.

Ether Is such of Digital Currency that rapid growth something like WOW! Everything is possible. ETH has big potential so, we can be expected as many investors are investing in this altcoin, helps to increase the Market Cap gradually that good sounds.

Who knows. Maybe not eth but sooner or later some other coin will be #1. Bitcoin was only the try for beginning. It was a nice try and working pretty well. But as i mentioned it will not live forever sooner or later a faster and more developped one will take btcs place.

NoW BTC is back So Eth will be steady but it might be back to 0.2 by the Nov of 2017

every one must keep Eth to have good profit

Ethereum will never be the #1 coin.
Then, it'll never happend anything.
Ethereum is still, and for allways, the "buggy coin", the DAO disaster and so on...

I agree eth is only for investing, so pump and dump

I also agree with you. Eth is just good for minor investments. It can never ever be the number one digital coin until and unless bitcoins are there in the crypto kingdom. Besides eth has just started its journey. It needs a lot of improvements and hard works to compete with bitcoins.

Bitcoin and Ethereum are two different things as per their intended purpose. If Ethereum will surpass BTC, that is because ETH is technology and not just currency. It will be a long time before that happens, but who knows?

They are really different things since they do really have different aims but they are just the same which is cryptocurrency but talking about surpassing BTC so fast wont be possible as of todays. If people would plan to switch  in Eth and Leave Bitcoin then thats the time that ETH would really be the number 1 coin already on the cryptoworld but knowing it would be impossible as of these days.

Ethereum coin is obe of my favorite coin and I think once bitcoin die . This coin will become numbwr 1 and many investor invest to this coin so the price for sure will increase . And to those people have ethereum and hd it for few years for sure they earn a lot of profit because i nelieve the price of ethereum after few years maybe around thousands of dollars price . Buy more ethereum now and make more profit.

Nice just bought 100K pajeet

Also, nice wishful thinking and grand delusions going on here, you rethards are something else. That autistic larping russian leaf scammer really got to you with his PonziCoin.

You can see when the system of Bitcoin have problem, the price of Ethereum still decreasing, why? Because Bitcoin is the KING on cryptoworld, and Ethereum just is soldier, it can't alive when the KING died, so don't think Ethereum can replace Bitcoin in this time.

it is not possible that Eth will be at no 1 because btc back in the market and will keep its legacy  with long journey ahead

it is not that easy to overtake the bitcoin in price.. but it is a fact that initial investors of ETH have millions now and large companies are joining ETH lets see what will happen with ETH

maybe it can be but after tezos launch it will beat all of them.

The biggest mistake of ETH and any cryptocurrency generally speaking is to try of overpower or overtake to BTC,and I say that because from its conception ETH claimed to be the new beginning,so I can not even imagine that ETH become officially the number one,I just do not think it's going to happen,I understand the enthusiasm that his followers must have about it,but that is not enough to avoid  that BTC stay in the top one and less now that it is in scaling process with respect to block size.

Nothing happens because ETH will never be the #1 coin. Any of these coins have power to pass Bitcoin. At least not in our time.
Ethereum is not a reliable coin. One man say something and they make a fork. Seriously who would trust that kind of coin? Vitalik made a huge mistake about DAO hack and Ethereum need to deal with the consequences.

ETH is above litecoin, eth price or volueme transaction above litecoin, and still good ETH
but ETH is never replace position bitcoin

We can't never know this. Remember the last ethereum rally that makes it come to $400 easily in days. We can observe the same rally in 2018 as well to reach $1,000 this time.

We can just hope to have such pumping phase again but can’t certainly have it. I don’t think so eth is going to chase this target in the next year, rather I believe that it will badly dump in the coming year. There is no need to invest in this nymph. I would love to stay stick to my all time favorite bitcoins.

Eth will cap at $400, then tank!

Nonsense! ETH will sail serenely past $400 and into uncharted waters, with a fair wind and eyes on the horizon. We're heading to $1000 and beyond. The future is bright for ETH.

To surge past $1000,you need to have good solid projects coming out and not just shill projects ,so that people are constantly trading with it and in turn use gas,other than that i do not think that the price could soar above those valuations ,if it does it is well and good,but NEO is also a project that can be compared to ETH,so i would invest in it rather than ETH. :P

There are some news for Microsoft to adopt the ethereum based protocol ( COCO ) in their system.
https://cointelegraph.com/news/microsoft-goes-ethereum-561-bln-us-company-releases-ethereum-based-protocol-coco

I think ethereum is gonna be the next bitcoin, by the way atm it is the #2 cryptocurrency, a lot of project and icos are Ethereum Bassed, so i think that ethereum will continue being the #2 coin forever, at least that any new coin is hyped so much that takes the second place.
On the price, i think that ethereum cannot have such a high price because there are to much ethereums on circulation, almost x10 than bitcoin.
I see ethereum at 700$ at the end of the year.

Although there have been many new projects based on ETH tokens and keep growing. But I think the bitcoin's power to stay on the top of the cryptocurrency will not be defeated by ETH. And I do not think ETH will occupy the top position.

ETH has a solid price and a decent following, but will never replace Bitcoin...ever. Bitcoin always has and always will be king. I do expect when this epic rally slows down the ETH price will jump a bit.

Exactly volumes are kept increasing with ETH and at the same time, there are many complaints about ETH as many people are not happy with the way ETH was now. I think in the present situation it is not possible to replace Bitcoin.

Undoubtedly, bitcoin is the number one coin. Eth is there just in case anything happens to bitcoin, but I know for sure there's nothing that can discredit bitcoin. Being number two for Ethereum isn't bad actually.

I agree with you, for sure investors will not be easy for ETH to own the Cryptocurrency market because Bitcoin is the mother of all altcoin.

Not mother but father. Eth can be number one among altcoins but it can never ever replace bitcoins. That would be the day when sun will set in east. Eth is still to go many updates and improvements to compete with bitcoins. Bitcoin lovers surpass eth supporters by a great margin in number.

Then Ethereum will not be called an "AltCoin"
because when it becomes #1 its a good news for Eth users.
but i think it is good that Eth is Stable and dont have much issue.