Bitcoin Forum

The marketcap is moving closer to Bitcoin's, the price is going up like never before. Lets give ETH some time, I can see that is about to bury Bitcoin.

This might happen but will be for a very short amount of time. There is a huge discussion going on about the possibilities of a huge crash on ethereum due to the fact that ico's will have to sell at some time to pay their developers. Still it might be long time away from now.

I don't think eth will take over btc even though its market cap suspass btc.

Agree, it won't be forever, not this time at least.  In the long term they also have an issue with their blockchain which is far larger than bitcoin's, https://cointelegraph.com/news/ethereum-blockchain-bloat-could-reach-1tb-in-2017

I agree, it will take many years before it can actually happen....

It will overtake BTC. The traffic is already higher than BTC. If it will stay that way is something that is impossible to predict. It is actually important that something like this happens. It will give some media exposure. The altcoinindustry is not really known by the bigger population. Media exposure could bring in more people. The more people are participating the better the technology can become.

I don't think it's gonig to happen. Remember that Ethereum is still a few billion dollars away from bitcoin and bitcoin's price is currently recovering again, whilst Ethereum's price is adjusting down. It is very likely that $400 apiece is the ATH for Ethereum and it stays that way.


Indeed. I don't get why people think that Ethereum is a better solution than bitcoin when its got so many problems itself. Vitalik is actually spreading FUD on twitter about directory.io and making people think that that site is the bitcoin killer. If the founder can create a new blockchain and reset transactions, whats the point of even having this coin? Just use paypal.

It might crash, that is possible and that is how the market goes but I have feeling that it will go big after the recovery

Just wait and see, the only reason you are saying that is because Bitcoin is older than ETH, say the same thing a year later or two

Not necessarily many years, it might happen in two years time

You never know what is th next milestone for bitcoin, may be after 2 years bitcoin's price is 6k to 7k $. Eth is going good but it takes too much time to take over bitcoin.

Well said, Bitcoin is been around long enough, its about time altcoins take over

Flippening is happening. Ethereum might surpass bitcoins cap, but precisely what is fuelling ETH price? ICOs. A large number of ETH is getting locked up because of ICOs and thus causing a reduction in supply. ETH would be sailing smoothly until some ICOs fail to deliver and then there would be a substantial crash in Ether's price.

Limited supply, security, store of value, settlement system, even if Ethereum gets past bitcoin it still lacks these. So it would not be a concern for the people who have invested in bitcoins. ICOs are what Ethereum has to depend on to propel it's growth, a couple of fuck ups and price comes crashing down. Bitcoin on the other hand is growing rapidly and widely getting accepted as digital gold and payment system. Ethereum has its own advantages, no doubt about that, but as a digital currency it would not be able to compete with bitcoin.

It's just the people hypeing the market and pumping the coins but I don't think ethereum will ever surpass bitcoin. Many ICOs are now using eth and I think that is one reason why the prise suddenly rise like this and at the moment, eth is also a good choice to use since bitcoin is
painly too slow.

Yeah sure, of course it is about to take over Bitcoin :D

Kid, go make your homework, enough internet for you today. It's not even funny. It's ridiculous.

^^^^^^^
Right Words

buy the end of this month :D I believe

Correct, a few ICO's will crash by that time, but before that Vitalik will cash up to bitcoin 1-5%(pure speculation, sorry to disappoint you, but I also don't know the future :D ) of his ETH (700.000 - 3.500.000 ETH), crashing the price.

By the way, Vitalik's name is a pseudonym. I don't know his real name, though.

:D ICO Era coming... so all in ETH and some coin help ICO

Its price is rising just because of icos. It doesn't make sense even if pass bitcoin in terms of market cap. It's market cap can easiliy melt but Bitcoin's market cap made up of stone.

Even if ether gets a higher price and marketcap it will still be behind bitcoin in terms of adoption and trust. I dont know about others but i would prefer a crypto built in the original vision of satoshi to go mainstream instead of some ipo scam.

Is it not in the same crypto space that we all are? Market capitalization is just an argument that makes sense to those who are very much inclined to trading and exchange details but to the million users out there who does not even know that discussions like this exist or even taking place, the only crypto currency they know exist is just bitcoin and nothing else matter this set of people are the ones that will make the difference in whether ETH will overtake or not.

It's already very close now, it's just a matter of time.

It's just making the ICO companies rich at the expense of ETH holders, who now get shittokens in return.

Enjoy your shittokens. I'm happy holding ETH.

How can you say that, ETH is way behind BTC in terms of price and market capitalization and for ETH to take over BTC still a very long time needed.

Yes it might happen but its just a bubble it cant beat bitcoin. Ethereum holders are lack in adoptors unlike bitcoins community and users. I will wait that time and watch it how it goes.

I just don't think that Bitcoin will reach that price any time soon..I would have believed what you said only if the price was going up and never going down

Surely I will do that, but only if I know what the homework is about? But if it's about the topic, then you should be the one doing your homework since I have done enough already, and I wouldn't see a need to do more.

Lets say soon maybe, to avoid disappointments ;)

And what determines the Bitcoin price to grow? We should put that point aside because if we start raising that we might not reach the conclusion

  8) Point taken, but what is it that you are going to do when some ipo scam goes to the top?

Its true that the market cap of bitcoin is near to bitcoin but that doesnt mean ethereum is stronger than bitcoin.

I know that ethereum is trending and it's increasing because of the mining and people that are mining with gpus but I think that ethereum popularity will drop when they move to PoS

Not a very long time, it might happen in two to three years

My point exactly...TIME

Yes that's right ETH is far behind BTC, maybe ETH can take over btc in the next 10-20 years, it can happen if BTC continue to experience down and abandoned. ;D

it is very true that ETH market capitalisation is near to bitcoin but this can not be the basis to accept the outcome that ETH price will be more than bitcoin remember both coins .make gains just like normal coins ETH will always be next to bitcoin but can't be more than  or replace the position of  bitcoin,as ETH  price is rising,bitcoin  price is also

Well that's what makes me confused, but if eth prices are now up again and so are bitcoin, will ETH can compete with Bitcoin.

Eth has to get past the bad press that people put out there.  Bitcoin has its enemies, but few of those enemies are on these forums and exchanges talking.  Eth still has a strong group of people that put out claims that it is scamming, stealing and this and that.  That is the biggest thing that holds it back, whether the claims are true or not. 

Another thing that would boost Eth a great deal is a comprehensice list of the faetures that are out there in Eth.  Most people know about side tokens and such, but there are many things that are in Eth that are either more easily done in Eth than Bitcoin, or not in the Bitcoin code at all.  End all that with a basic explanation about the Eth fork and Eth classic, including the differences in the coins and the members/users of Eth will grow quickly.

It won't take that long. The gap in market cap is just 25%, maybe it will happen in a few months.

For those seeing ethereum as a good hedge against Bitcoin, look at the market right now. The whole crypto shakes when Bitcoin crashes.

Ethereum isn't stronger than Bitcoin, I agree. This might be because Bitcoin is being around longer than Ethereum. Only If Ethereum was older than Bitcoin, we would have saying a different story. Ethereum is been around for how long? But it's already competing with Bitcoin. There is no any other altcoin which achieved what Ethereum has achieved today

https://image.ibb.co/iWGd2k/ANNUAL2.png
Impossible to find investors on 9,000,000$ daily who will keep this SCAM and never sold.
It why it crashing now

"Take Over" implies that the market segments are exactly the same. Between BTC and ETH, they're not. By the way, Isn't ETH partially backed by JP Morgan?

We know that the price of altcoins are pegged with bitcoin, if the bitcoin gets shaken and all of altcoin gets impact by bitcoin too. But in my opinion, if ethereum is good to be as the silver for crypto. And not for litecoin itself.

I just don't think it will take that long, it might happen within a period of five years

Here old Ponzi "investors" trying to sell his SCAM to new "investors"

http://www.investopedia.com/terms/p/ponzischeme.asp

You are right! This will maybe continue for a few weeks, but ultimately this won´t work.
ETH will trade in the single digits in the near future.

People, who bought at 300 $ or more are going to get screwed!

Do you have valid evidence of this??...please post it...we will wait for it

NO, and never !

Since the last big ICO the ETH-blockchain is suffering form overload,
multiple big exchanges had to disable their ETH withdrawals today.

But it will become even more worse,
because of the difficulty-bomb being activated,
https://etherchain.org/charts/difficultyBomb (https://etherchain.org/charts/difficultyBomb)
which will lead to block-times around 30 seconds
until mid of august (doubled).

Taking into account that the ETH-blockchain is overloaded now,
without ever reaching the transactions of bitcoin
https://bitinfocharts.com/comparison/transactions-btc-eth-ltc-doge.html#3m (https://bitinfocharts.com/comparison/transactions-btc-eth-ltc-doge.html#3m)
imagine what will happen with a doubled block-time !


 :P

Don't listen em, problem with ETH price not related with it

I think there are few reason for this. ETH is much cheaper for investors compare to Bitcoin. I think people are thinking that BTC pump has hit its peak, so they're investing in ETH instead. We'll have to see in few months once BTC price has become more stable.

I think that is for small time increase the price , which is usual for everytime .
Because I remembered that the last time price of the ETH when rises then was about 0.11btc but it get crash and came at 0.086btc ( minimum ) but after that now it get increases to 0.148btc so now it again get crash and it is now at 0.13btc avg. .
So instead of the investment of the money in the Bitcoin and ETH , we should take care about the pricing  value that is speedily increasing with small small crash .So if now if it again rise to 8 times the current price then it's value will be equal to 1 btc which is not a small amount for 1ETH coij holder .
well here I would like to advice to put the money also in the dash coin which is near to the grow like ETH .
And I think in the incoming years they will become the two comparable coin for the Bitcoin to give competition .

i dont think eth over btc. though eth has been  going up and btc also.so to over btc eth need more pump.but one stable coin dont make a more pump so quickly i think

Yes it is true, if eth wants to take over Bitcoin then ETH must be pumped heavily.

Look at the ETH network now: it's just a massive backlog of transactions that cannot be mined...
(some ICO's requiring ETH are challenging the network due to high demand.)

imho, ETH is just proving that it cannot scale.

I shorted 50% of my ETH. I bet it will continue to drop if liquidity remains an issue during high load.
#LTC may be the new answer.

The bubble is popped now and it almost blocked the ETH network. Am seeing this message on Coinbase:
Already down by 10% and who knows when it will stop.

Now you can say ETH never can take over BTC

I think it takes a long time for ETH to compete with bitcoin. Maybe this time ETH is very warm to be discussed because of its high price and its popularity. But I am sure bitcoin will always be number one in the world of cryptocurrencies

Indeed at this time that the market capitalisation of the ETH based very close to the bitcoin but could not replace the price owned bitcoin. but it could be said the possibility of a profit owned ETH will always be side by side with bitcoin because I see there is a potential there is ETH so as to make the price is also increasing along bitcoin

Ethereum will be facing more challenges in the future for sure,Antshare just woke up and i am pretty certain that we will see more tokens coming out from China with the Antshare platform and it is going to be a battle whether who is the best and which are reasonable platforms,it is going to be interesting.
PS:Lets not compare ETH with bitcoin.

In my opinion even how hard ethereum work they cannot over take the position of bitcoin in the market. Because Bitcoin value was not stop raising up and it was same to the other Altcoins that want to beat bitcoin.

I don't really think that Ethereum could take over bitcoin or could surpass it,
The price amount between the two of them are so high even though it already surpass the market cap of bitcoin.

I agree Eth might overtake bitcoin in terms of market cap
but before that happens Ethereum needs more time to adapt to the growing demand its having in spite being a young currency
as we saw recently network was congested such that some eth trading options and withdraws had to be temporarily suspended which clearly shows eth is not ready to takeover from BTC.

The raw price is not important its the marketcap that is. You could easily make a coin with low supply and price it at $100k it still wouldn't make it anymore useful or wanted.

Ether will take over bitcoin then what's gonna happen? We saw that ethereum blockchain has many negative and weak aspects. It collapses very frequently during crowded icos.

Ethereum take over Bitcoin with Bloat-A-Thon network

Yes exactly what you said very precisely is the fact about the bitcoin and the alts.
While talking about the bitcoin and the etherium comparison we must keep in mind the value of the Bitcoin, before we pass any remarks.
The bitcoin being a pioneer possesses a strong base and value in the cryptocurrency which is not an easy task for any altcoin to compete with.

I agree with you the market cap of Ethereum is rising day by day. The awareness about this coin is also increasing. Many ICO (as you know ICOs are very very popular this days) are using ethereum. I think this coin has the potential to take over BTC

ethereum has growing stronger in this year, bur I dont think eth can take over bitcoin, although bitcoin dominance is decreasing, but there are still so many places that accept bitcoin, while eth only can be used in certain sites, so it is not that easy to take over bitcoin

I don't think so. Bitcoin will never be overcomed by any altcoins since it is the main currency in crypto currency which has the larget volum per trade which is like usd where in all currency is against in it.

Ethereum is one of my favorite coins and i believe is one of the best coins for this era. Many ICOs are crated using the Ethereum network.
Another good coin for this era is Waves because many ICOs and token using their network.

ETH and Waves were used in popular ico now, it also have lots of potential to increase in the future even there is pump and dump happening. Their value will surely increase while holding.

In early 2014 noob dipshits flooded in buying anything they could.
Prices sky rocketed all over.. and later tanked hard.

At the time Doge coin was the #2 coin and guess what they said about that all over the web ?

Is that true? If it is true, then I will buy ETH and waves with a lot, After that, I will save until next year.

Ethereum will going to a process that it could be time and marketing strategies is applying for this but the thing is it will work or not? Who knows that it would be go far as bitcoin but we know that this is the best coin rather than bitcoin. Soon it will be but bitcoin has lot of network we buy using bitcoin we trade using bitcoin so how would you replace bitcoin?

Saying that it really will happen, maybe it will and maybe it will not but for me it will not because for me ETH is a good and at the same time a hyped coin by big companies to compete for Bitcoin so that there is a financial market that will people can invest of and another variety of choice in terms of digital currency, and by that, trading will occur and this two will prosper in the long run but no way that ETH will take over BTC because the developers of BTC is always aware of the next move of ETH developers and by that they will not hesitate to improve ahead with their competitor.

I am not sure it will ever happen. They both consolidated their positions in the market and enjoy heavy demand among traders and investors. I can well believe that some day the market will be represented by BTC and ETH only as they are the most popular ones.

I think ETH will still be number 2.  Bitcoin is the first currency that has been introduced to people its the most used crypto currency coins in the world which holds the the number 1 position for  years now. in my opinion ETH cannot defeat BTC. Even the gap of price of bitcoin is far from ETH.

Still, many years to go but now Bitcoin is always no 1. Ethereum wants to secure its position but anyhow managed to reach more than 400$. Slowly ETH is moving upwards but to beat Bitcoin it will take a lot of time.

people knows Bitcoin firstly, they used so much.
behaviours dont change easly. because of that ETC doesnt take over Bitcoin

Some sure made some profit on Etherum, I wish I had low buying orders for when the fast crash happened : http://uk.businessinsider.com/ethereum-price-flash-crash-2017-6?r=US&IR=T

If you have a large amount of cryptocurrency, whatever than means for you and very little other assets, it only makes sense to cash out for what you are in for and play "with the house money". Actually, it probably makes sense to cash out to break-even when you did x3 or more and keep the profits runnings, if you have enough cryto left to still benefit of the upcoming upward swings  ;)

Yeah, people know about it as an potential currency as well an investment. Bitcoin is growing good and benefiting high, so just because of the time being ETH grown in a short to a higher level we cannot say that bitcoin will be overcome by ethereum.

Ethorium take deeznut bloat from Bitcoin first. Lol

It doesn't really make sense Ethereum cannot be a bitcoin and its purpose is very different as a coin.

So far, Ethereum has not got many challenges either in terms of security or potential fraud committed by their users. Therefore, they need to prove that they can be a system that is not only useful, but also safe to use. The development of Ethereum very rapidly so it is possible if later will be able to compete with Bitcoin. But to be able to achieve that they have to prove by making a product that solves the problems of many people. Still too hasty to think Ethereum can beat Bitcoin. Fluctuations will still continue and tides will be experienced both. I'm sure both will grow well without mutually defeating each other.

ETH is changing, and nowhere near overtaking anything, because of its upcoming changes and those that are shifting for purchase.  This is how the trading world works and it has been obvious.  Those that are posting that there is anything other than that happening are either those that want to make an extra buck off the change or those that know no better. 

Both of these groups should be ignored and possibly attacked with the tar and feathers.  There are normal things that occur when a change is coming in a coin and the only information that bears being said is that the signals are that the coin is going to survive the first phase of the changes and that is what it is.  Good for those that care about ETH and neutral for the rest.

Hope eth can reorganize the glory, refueling