Bitcoin Forum

Lately, there are so many who make the speculation that Ethereum will beat the bitcoin price. Including John McAfee also said so and stated the possibility could happen. The smart contracts implemented by Ethereum have allowed companies to collaborate with Ethereum and join to build crypto into a faster payment system than any other system. What factors do you think might allow such speculation to occur?

Source : https://cryptovest.com/news/ethereum-is-central-reminds-john-mcafee/

From my perspective, the factors that can enable that is dependent on the user. Some prefer to use Bitcoin, while some prefer using Ethereum. Also, Ethereum is better than Bitcoin and Bitcoin is better than Ethereum at the same time.
They’ve made several completely different design choices and as with every choice it opens some oportunities and closes dosens of others.
Bitcoin has emerged as a relatively stable digital currency. While ethereum aims to encompass more, with ether, just a components of its smart contract application.

The crypto market has been seen to be difficult in terms of precise prediction however, Ethereum has a viable idea which seems to signal a good future.
There may be other factors associated with ETH surpassing BTC but it must stand the test time.

He's probably somehow right. As we've already seen ethereum has a huge potential not only as a currency but also as a decentralized platform. Smart contracts, it's key innovation, have played one of the key roles of the ethereum price rise and cryptomarket rise in general over last year, as they provide unlimited use cases for Ethereum platform. Would we have seen all the ICOs and dapps If we hadn't had ethereum and smart contracts? Probably no. Ethereum is a lot more advanced than bitcoin as a multifunctional platform, at least as of now. If it'll be further developed faster then bitcoin it has a chance to overcome it soon. But from the other side if we see another unpredictable hardfork one day, it'll be a huge step back for ethereum again. There are to many 'ifs' in this ethereum vs bitcoin question.

Good words for my favorite coin. I believe in ETH and it seems to me that this is one of the best coins. This coin has several advantages over bitcoin now. And I am sure that in future ETH will improve.

Maybe yes. But it will take hard effort because bitcoin won't be sitting down and waiting for ETH to beat it.

He probably will get rekt if he wont hype the coin,as he is indeed a market manipulator he needs to save his ass from giving good statements to the coin.Ethereum is a great platform that is why it is the first coin behind bitcoin,but what if the vulnerabilities are true? that is huge losses coming for the ethereum bag holders and investors.

Of course, it is not always easy to express an opinion that is different from the majority opinion. It is always very difficult to swim against the current waves and lead arguments to alternative hypotheses. But all have own truth. Many have high hopes for bitcoin, and some are replenishing the wallets with Ethereum.

McAfee is among the optimists who predict a good outlook for technology blockcchain and crypto currency. In contrast, billionaire Mark Cuban in early June called btk another financial soap bubble. In addition, Panos Murdukutas, Professor and Head of the Economics Department of LIU Post in New York, also suggests that "btk is a soap bubble that will soon burst."

He has more serious concerns than making silly bets on ETH/BTC pair. The clock is ticking, time is passing by. Is he ready to eat his dick?

And no. ETH will never surpass Bitcoin. It had that chance back then when google and other social media platforms were allowing ICO ads but not anymore. ETH has 3 major problems now:

1) ETH network is infested by Bitmain's ASICs and because of this, loyal ETH shills who kept the network decentralized for this long are leaving.
2) Even if they kept the ASICs out, they'll still go PoS which is not the healthiest solution.
3) ICO ads ban. Without any new money entering to the ETH ecosystem, there is only one direction it can go. It is not up. (both against BTC and FIAT)

I do not think that ethereum will overtake bitcoin because ethereum has smart contracts, so this coin cooperates with many and therefore grows and will grow in value. Bitcoin and ethereum have their shortcomings and dignities. Each performs its functions. However, even if you look at the plan of smart contracts, in the near future bitcoin also plans to implement smart contracts.

This man is never a reliable source of cryptocurrency shits,he is just hyping the coin because he has tons of ethereum's in his pocket that is why he needs to save ethereum's ass from getting dumped by most of the people who are doing panic selling right now.Only those good holders will win the game of cryptocurrencies,he is just doing this not for the coin but for his own benefits.

I really like ETH a lot tho. ETH is the one of my top 5 coins in cryptocurrency market. ETH will surprise us in the near future. I would recommend to anyone to buy ETH. It's going to be like a GOLD in the future. Cheers !

Oh my got, again McAfee, thank you for your sh** posts on Twitter, do you remember your "Coin of the day"?  ;D ;D

I am also optimistic that ethereum can beat bitcoin, because the ethereum platform is good for rapid development. we can see the development of many coins including eth in some future time.

McAfee become a scammer when he started to post about the coin that were without any basis and were nothing behind them. And still he's doing that. John McPumpy!

I'm surprised it's not back up to $800 yet.

I think he has a point in his tweet. Investing in ETH is the same thing as investing in any token that is created on it. The platform isn't going anywhere and as crypto grows, Etherium will grow exponentially.

I also used to believe ethereum will surpass bitcoin in short time but over time ethereum has not been convincing. The low swing of bitcoin should be a good time for ethereum, it has also been silence, not in the next 10 years.

Why mcafee is doing this? simply because he hold millions of dollars of ethereum assets and he knows it is being dumped hard,he could be losing millions as of the moment that is why he is hyping the coin itself to benefit himself,that is simply how this man is manipulating newbie's mind so that his ass could have safe from this bloodbaths.

McAfe is a crypto-optimist and also a famous PR man. Sometimes he says good things, but each of us needs to filter out all the words he says.

So true and you have to recognize he's all over the place. First it was MGT, the privacy phone, Sentinel, the MCF coin, ,coin pumps, now he's writing white papers. What's next?

The thing is, he's def a genious on crypto and many many other things, there's no question. But by no means is he the end all be all. I started to doubt him once he got on the BCH bandwagon and added all the "bad guys" to his team.

I'm glad ETH price hasn't spiked since he tweeted that. It tells me that there's less people likely to buy on a McAfee tweet.

But it could be just that he said what was on his mind. Coincidence?
Is he paid for saying that? I don't think so. Maybe he has some Ethereum in his pocket and trying to push the price up.

Too bad that Ethereum, really good coin with great team and massive community is used mainly for creating other cryptocurrencies, taking cape about cryptopets but not for something really useful

Im sure he is losing a lot of money in ethereum,that is why he is desperate to do some statements like this! because the market manipulators are dumping ethereum very hard,and it seems it losses almost 60% of its value from its current all time high record.This man is well known from manipulating the market that is why he shouldnt be trusted as he is trusting only himself.

He should be desperate because he has a lot of ethereum,possible most of his portfolio is is with ethereum that is why his hands his shaking too badly because he is losing big amounts of money in ethereum's dumpage.That is why he is trying to save his ass from stating shit things,of course these manipulators doesnt choose coins randomly they are picking coins which most of the money are coming from so that these players will get a lot of profits from their manipulations.

Ethereum is a much more sophisticated coin than most and has a its value backed up by a huge network of computing power and followers. A natural winner.

it is true that ETH is such a unique coin because of its smart contract implemantation

and i am sure in the long term it will be very successfull

but ETH is already such a big coin that McAfee's talks can not affect it

he can try his chance for new ICOs to shill / hype or dump

He is too desperate to save his ass from getting rekt,probably his portfolio has a lot of ethereum that is why he is trying to save the dumping that these weak people are doing,cutting losses so that they wont lose everything that they have.He might be dumb and a manipulator but he is right ethereum has been dumping too much.

I think it's nothing more than words. The ethereum is definitely a promising project, but one must understand that Bitcoin is the basis, and no one will overtake him on this market.

This is funny how mcafee is getting panic with the market dumpage,he is losing alot of money for sure that is why he is trying to save ethereum from being dumped by these noob people who isnt trusting the coin or technology of ethereum,these people are the ones who are dumping the market,worsen the situation and it could be the reason why most of the cryptocurrencies are going to dump harder.

I dont advice to listen to that famous guys. They always buy before cheap before making that announcements and you will not have a chance to make a profit because he will sell  back to you :)

Ethereum is sure a major altcoin to watch  out for in the crypto space, no matter the dump in the space is sure ETH will stabilize and  and be embrace by alot of investor as i is a decentralized platform that runs on smart contract

He must be losing millions of dollars because he is to obvious that he is getting alarmed with the market situation right now. Probably his portfolio has a lot of ethereum,these dumpage from financial institutions are going to ruin our whole market getting most of the investors rekt will surely going to kill our market slowly but surely.

I will name only a few subjective factors. You can agree with me or not.
1. Platforms dominate the Internet. The use of Ethereum as a platform for initial coin offering (ICO) indicates that platform solutions will dominate the blockchain sphere as well.
2. Ethereum has a huge audience, which is a confirmation of its recognition and active use.
3. Ethereum is a business and becoming a recognized platform, it is able to bring trillions of dollars.
4. Ethereum has a team and a leader able to quickly change the direction of development and adapt to the needs of the market.

He is trying all that he can to influence people.Etherium will come back at 1000$ sooner or later .Now its perfect time to accumulate more ETH

This guy is obviously losing millions of dollars as of the moment and he is getting alarmed with the dumpage of the market today,ethereum has lose 60% of its value already from the current ATH that is why this guy is doing everything he can to hype the coin to stop the people from dumping it further,that is why he is stated that in his twitter shit account.

Is it not the same man that said bitcoin will be $1million dollars in few years time. If that is true, then it means ethereum will also be more than that. That will be a real killer. Anyways, ethereum is a very good altcoin

John McAfee has been selling his reputation for cash and he no longer has any real authority in terms of market knowledge or investment advice. I think he is quite lost in fact.

I believe that ETH is much better than bitcoin. But I doubt that people will leave bitcoin in order to become ETH holders. Bitcoin is the leader and it will remain so for a long time.

Jhon McAfee lost his reputation after his pump and dump work. Also, he is very optimistic about future of cryptocurrency (Some people believe it as pump as well). Because of those reason I don not care about his thoughts.

To my mind John MacAfee's opinion worth nothing in crypto, I mean fundamentally, everyone remember his 'coin of the week' and it was clear for me that this man just speculate of his own holding, choosing 'dogecoin' as a week coin lol.

This is a madman. I would not listen to anything he says and I would just focus on sensible projects yourself. Do you own research and be comfortable in holding for a while.

Imagine if you are mcafee and you invested 100 million dollars in ethereum and you see your investments has fall to almost a half what would you do? ofcourse you are going to save the coin by giving statement like this,he is now in desperate moves because i bet he has tons of ethereum in his portfolio which makes him to hype the coin in the times like this.

He should have also mentioned that the smart-contracts offered by Ethereum pale in comparison to those offered by next-gen blockchains such as NEO and EOS. To create a smart-contract with Ethereum you need to use solidity, a clunky language that is difficult to use, and has almost no learning resources online. In order for ETH to really expand it needs to open its smart-contract functionality to the world, not just to the select few who want to learn solidity.

I think that the Ethereum may well overtake Bitcoin on capitalization and go to first place but it will not be soon

It seems to me that John McAfee simply uses his influence in crypto world. After all, just look at one of his tweet and the situation on the market changes instantly. Therefore, he can say anything and his followers will spread this information around the world.

i think btc and eth are not competitors .

in any case btc will be above eth ,

yes eth have competition from other alts , so in alts we can say eth is one of best option .

Depends on who you ask, but I think there's enough evidence that last year's Bitcoin craze was driven by Ethereum: suddenly it wasn't just about a digital peer to peer currency, but digital peer to peer businesses! And now the hype has died off... we just need to invent the next hype.

This speculation may arise due to accident factors, which incessantly attack bitcoin, among others:

1. Higher transaction fees that lasted long enough and only completed one month yesterday.
2. Disconnection of china support from bitcoin because they are more supportive of his own son 'Neo'.
3. Trustee doing bitcoin disposal at Mt.Gox.
4. Large whales often manipulate bitcoin prices.
5. The occurrence of a series of small sales with a very large number of transactions resulting from panic.
6. Still the circulation of small FUD which attacks new users in various social sites and probably still many other problems...

I sincerely look forward to a day when altcoins worth won't be tied to bitcoin's own.
If ethereum can surpass btc then it is definitely gon b a new dawn in the cryptoverse

a lot of people predict eth will beat bitcoin price,, because of smart contracts or others reason
i know and i believe ethereum is big and i can said this is a giant project in this crypto industry,
but, personally i think eth will never beat the bitcoin price

I don't think that ETH will beat Bitcoin in the price. At least in the foreseeable future. At the same time, I consider the ether to be much more promising and I feel a tendency to the fact that the prices of these crypto-currencies are moving towards rapprochement.
In fact, it is very important that bitcoin somewhat lost its credibility against the background of other currencies and allowed younger, progressive, functional and applicable technologies to enter the market.

I agree on this and it was predicted last year that Ethereum will beat bitcoin on marketcap but on price i think it will get 5,000usd by this year and probably we could see all ERC-20 tokens will reach their designated price.

I believe that John McAfee has gradually lost credibility in the market, due to the continuous accusations that have emerged against him as a person trying to move the market according to his convenience or dark agreements that presumably have generated huge profits for him.

I do not have any doubt that ethereum has enough strength to impose itself on bitcoin in terms of marketcap, but I find it technically difficult for it to displace it in terms of unit price, unless the bitcoin's fall continues in a way so drastic that it becomes cheaper than ethereum.

It seems john is trying to shill ethereum, maybe he has a large holding of it?
i don't think ethereum will surpass bitcoin, it's possible but there are a lot of coins/alts out there that is way better than ethereum.

For some reasons there are some things that can be considered as important thing just like how bitcoin will compete with VISA if VISA has 196 TPS? John mcafee has tried to give his opinion from the scalability perspective. And how the scalability looks become an important thing to the future adoption. But sometimes john mcafee just like a shill.

LOL. Someone still trust him? He is not an expert for me. I think he will say anything for a few bitcoins.

I think that Ether can beat the cost of bitcoin only in cases of: switching to pos-mining, solving the scalability and security problems of smart contracts, hard fork and burn of tokens It's like a fairy tale.Therefore, unlikely, he will be able to beat bitcoin in price.

It s always a possibility but if it would happen, i dont think it s gonna be soon. I really like ETH because i like Altcoins and all of them are based on ETH network. However, BTC is not gonna let that happen easily, plus i've heard that they are about to launch the lightening network which is gonna be huge

https://www.quora.com/What-is-the-Bitcoin-lightning-network-and-its-benefits

It seems that the problem with scaling has already been solved. You can send coins with minimal use of gas. And they come quickly.

all possibilities can happen, but the fact is that the value of ethereum has been falling every day in the last three months. I have hope, there are some altcoin that can be balancing bitcoin. so that the market is not bound by bitcoin anymore. I want the market more independent. but I think it takes a long time, even a decade

Ethereum is a payment system, but above all is an ecosystem on which many tokens have been built and many project backup the marketcap of it.

The sheer fact that Ethereum provides a user friendly smart contract development environment which is much more than just a peer-to-peer currency makes it all the more appealing for the future generation of cryptos. This is surely one of the major reasons why Ethereum has an edge over Bitcoin in the longer run and holds the potential to take over as the number one.

I believe that ethereum has possibility rather than any altcoins to substitute the reigning bitcoin. It has the capability to support different valued tokens and it can be in a long run investment. Smart contracts of ethereum also helps a lot in launching ICO tokens. In addition to that, ethereum is listed as the top 2 in CMC and top 2 in the largest market cap when it comes in altcoin.

 Everyone is comming up with different conspiracy theories about what is happening to the crypto market, the reason as to why its happening and future predictions, these are fully their thoughts and shouldn't be used as an investment advice, do your research and make own choices

John McAfee is a speculator, so everything he says must be triple checked, since he may have his own interest in pumping a certain coin, even if for short time.
And Ethereum price vs Dollar getting back to the levels of November 2018 may be worrying for him, so he may have decided to try to revive that before his investment gets to loss.

This is very well said!
John McAfee is not to be trusted.
He has his own agenda and he doesn't care about anything or anyone else.
He has done some damage to crypto already and I think he will do a lot more.