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This guy thinks so...

Nick Tomaino, founder of 1confirmation, said he is sure that ETH will eventually surpass BTC in value. He said that even though BTC has a well-established narrative as "digital gold" that institutions have embraced, he actually believes Ethereum has made the most impact as a blockchain over the past five years. He claims Ethereum remains largely misunderstood by many, and describes Ethereum as the blockchain where the world's most talented developers are building the decentralized internet.

May be a tough task beating 60k from below 5k though.

Nothing is impossible when comes to this market, but I personally doubt Ethereum will surpass the value of Bitcoin because a collection of factors, being one of them the fact Bitcoin posseses a limited supply and a deflationary behavior by design, while Ethereum does not have such characteristics.
While it is true there are very talented developers working on their projects embedded on Ethereum, the majority of the public on internet still seems to prefer centralized services and are not accustomed to handling their own private keys.
If the average internet user decided to embrace decentralization and learnt how to cryptographically manage their identity, then Ethereum would indeed increase much more in value.

In short, Dapps in Ethereum are direct competitors of centralized services offered by big tech companies.

If we judge fairly and objectively, it can happen because the future is unpredictable. But with what is happening now, I think that is very unlikely to happen and will not happen in the near future.

Right now, all the attention is still focused more on bitcoin than ETH. Not only on forums or crypto investor communities, if you follow the cash flows of bitcoin ETFs and ethereum ETFs, you will also see a huge difference. That shows that large funds and traditional investors are not too interested in ETH over bitcoin at this point. Additionally, ETH has to work harder if it wants to replace the position that BTC is currently holding.


In my opinion ETH cannot surpass BTC.

It depends on your view.

In my view, Ethereum loses its value against Bitcoin.
https://www.coingecko.com/en/coins/ethereum

You can tick BTC at "Compare with: BTC  ETH" and see the value loss of Ethereum. From value of 1 ETH exchanged to about 0.15 BTC in 2017, now ETH value against BTC is 0.042.

The value change is clear and it does not show value growth of Ethereum. I am not Bitcoin maximalist, just say the truth.

Ethereum market cap comes from massive premined ETH.

Very doubtful. Too many people avoid altcoins, even those that don't avoid POS coins since it's somewhat trivial for an entity with enough money to take control of it.

Back of the napkin math there are 34 million ETH staked out of 120 million. If over the course of a year or 2 a large company / any government could easily obtain more then that to setup their own staking nodes and then control the staking process. Assuming that ETH doubles in price while this is happening you are still only taking about 120 billion USD. Which is a lot of money for you and me but not for a mega corp or a country.

Although anti BTC people like to say the same about BTC and POW coins the cost would be much greater between the obtaining of the hardware, the setting up of the power needed and a lot of other logistical issues.

-Dave

That scenario will only happen if all bitcoin holders will decide to dump their BTC then think about put their money in ETH, But this scenario is hard to happen. Bitcoin already built a solid foundation which any coin or either those old solid ones would provably hard to break.

This discussion has been tackled up for many times but those assumptions didn't happen. We see bitcoin experience a long bearish streak, but nothing happen and no coin surpass it. It also means that if bitcoin price fall the confidence of people to the whole crypto  will fade out because for sure they afraid that what happen to bitcoin might also happen to other one. That's why when we see bitcoin price rise again and have good recovery every coins and tokens in the market is doing great movements again.

Folks has been expecting this statement for a very long time now but truth remains that it's an imagination that wouldn't be possible.

Even though nothing might seem impossible in the market but it well thought of ETH only even makes it's positive movements when bitcoin increases in price meaning it seems to be attached to bitcoin price movement, how then do you think it can flip bitcoin anytime?

I did not know about this man Nick Tomanio. My search goes to
https://x.com/ItsBitcoinWorld/status/1827197679639933370


Marketcap, he meant so if the news is accurate.

About market cap of altcoins, you need to read this one.

• Bitcoin vs. Altcoins – projected Marketcap (https://bitcointalk.org/index.php?topic=5419558.0)
• Don't believe in altcoin market caps. Like if Pepe suddenly has 10x or 100x, will that shit token becomes better than Ethereum? Nope

no eth is just another shitcoin, everything that other coin have, can be implemented in bitcoin, we don't actually need any of them

I think that, before answer to this question it should be more useful understand the difference between the two coins.
Once you realize the difference between... you will understand that unless some "external help" (like a government that issue a fixed price for conversion) it would be close to impossible that eth can flip btc.

Well, that person loves ETH the most because he believes it is a possible thing to happen. Indeed, the market is unpredictable, but we can't deny the fact that ETH is just an altcoin following in the footsteps of bitcoin. If ever the price of bitcoin flips down, much more for ETH. 

Maybe if he says that ETH will reach $10k, I could agree with him, but saying it beats bitcoin won't gain support from me. Maybe it was not clear to him, OP, about the current situation, and ever since, ETH is still far from bitcoin. 
Bitcoin will still dominate the market even in the future, and ETH will remain second.

Bitcoin (blockchain Gen1) which only works for Peer to Peer Networks but is already trusted as a store of value like gold, then there is Ethereum (blockchain Gen2-3) where this blockchain has a smart contract feature so that we can embed transaction contracts in the form of program code, this is something revolutionary. The advantage of eth is smart contracts and their features because they are always updated and improved. The advantage of btc is its decentralization, because the system has never been changed since the beginning.

In all aspects if we compare the two, BTC is still far superior. Btc is still in first place. So my conclusion is, ETH will never be able to surpass BTC.

No. That idea is laughable. The flippening gained popularity in 2017 when Ethereum surged to relevance and people thought it might create a whole global ecosystem of crypto apps. Didn't take long to realize the flippening had zero chance of ever happening. Honestly its crazy there are still people who think it'll happen.

Since 2017, it's been 7 years, and in that time Ethereum has gone through three fads that have all flopped hard, Ethereum became far more centralized and less secure with its change to PoS, the burning thing failed to contract supply since that required high congestion and users just use L2's now to avoid the ultra high fees on Ethereum, Ethereum's hoped-for high 6%+ staking rewards failed to materialize and instead settled at 2-3% which isn't that exciting for investors, ETFs launched and while TradFi and institutions are very interested in Bitcoin they have very LITTLE interest in Ethereum. And honestly it is unclear if Ethereum will even have another fad up its sleeve to give it a temporary huge pop in price like it got in 2017 and 2021.

At this point Ethereum is mostly just the graveyard where useless meme tokens die after some of them get their couple weeks in the spotlight.

Realistically the only direction the price of Ethereum is going against Bitcoin long term is down towards zero, like every single other cryptocurrency. Sure Ethereum will continue to increase in price, because it's the center of the Crypto world and people are gonna keep attempting to build projects on it, but its 2017-2021 heyday is gone and it'll no longer keep up with Bitcoin's price growth long term. In 20 years I wouldn't be surprised if Bitcoin has passed $1,000,000 (16x from here) while Ethereum is at like $30k (11x from here) or less. Ethereum is currently at 26% the market cap of Bitcoin, long term that'll probably drop to like 10%, going up to 100% is absurdly naive and impossible.

Nick Tomaino's got a point. Ethereum has some quite great promise. This is a flexible platform, a creative hub. Developers really enjoy it, and thats quite important.

Clearly said, though, Bitcoin is the king. Digital gold is what we mean. It has history, trust, and that first-mower advantage that is difficult to surpass. It resembles the best real estate available in the crypto world. Ethereum might be the new, shiny building going up next door, full of potential. But Bitcoin is the accepted landmark; everyone recognizes and trusts this one.

Ethereum's not a bad investment. It might very likely keep expanding, or even flourish. But dethroning Bitcoin is kinda impossible. People want consistency. What they know appeals to them. Natural human nature is what it is. And right now, Bitcoin is a symbol of stability in the crypto world. Its the safe haven, the asset people turn to when things get shaky.

I don't think that will be possible in future for Ethereum price to surpass bitcoin because it does not have any potential or problem that it solves and thay is what will ignite Etherum adoption to make the value increase. It is because of the problem that bitcoin is solving and its decentralized nature that is giving it more value and making its adoption to be increasing overtime.

Etherum is centralized and lost its potential after it was changed from PoW to PoS making it more of a shitcoin. Bitcoin is king amd will remain king because it cannot be controlled by anyone.

The discussion is about market cap of Ethereum, and its potential flip against Bitcoin market cap.

Bitcoin market cap is $1,265,480,644,730 and Ethereum market cap is $332,124,429,174 according to data on Coinmarketcap [1]. These figures mean Ethereum price need to rise about 4 times than now to flip Bitcoin in market cap, if Bitcoin stays nearly the same. If Bitcoin price rises more, Ethereum will need to increase more than 400% than today price to flip Bitcoin in market cap.

It's possible for Ethereum because it's good to hype altcoin investors as a King of altcoins but if Ethereum makes it with market cap, it does not mean ETH is more valuable than Bitcoin.

[1] https://coinmarketcap.com/

Is it on the same way ethereum has been woefully performing these days and yet to make it to a all time high be one of the reason to use for his future predict ahead of bitcoin, that is never going to be possible, we don't have to agree with what everyone is saying online, some could be misleading, the distance from where bitcoin is currently to where ethereum is cannot be quantify because its too much, this is just a dream that may never come to pass, the public should not be misguided, bitcoin will always remained the most preferred in terms of everything, even the entire altcoins does not quantify half of what bitcoin is.

That sounds like a nice joke :D

Ethereum is just another centralized shitcoin and even without being a shitcoin, its unlimited supply ensures that it can never surpass the limited supply bitcoin ever. The inflation of ether guarantees that.

And what impact is that? Ethereum is still only used to create token scams. It has no real world utility whereas bitcoin is a payment system like it has always been.

Whenever someone makes this claim ask them to give you an example where they've made "decentralized internet". LOL
Ethereum is not even capable of doing that. All you can do is to create some tokens in that platform to scam others an make some money. It is not even decentralized to be able to build "decentralized internet" on top of it.

There's a saying that nothing is impossible when it come to price volatility of crypto currency. That's only true to some extent, I really doubt that Ethereum can be able surpass Bitcoin any day in the future, that will be impossible because Bitcoin is not a POS token Ethereum and apart from that, there are so many factors that is known to make Bitcoin keep surging high every bull market.

How has Ethereum had the biggest impact?  Is it the Scams?  Is it all the Shit Coins that still exist on it?  Is it the Centralization, the move to Proof of Stake?  Where is the impact?

I can not deny that it is a powerful Cryptocurrency but it had no positive impact on the Market other than that it brought a LOT of people to Cryptocurrencies.  But even this is not positive either, because most of them ended up losing their Life Savings or getting Scammed.

No, Ethereum will not overturn Bitcoin.

Even if Ethereum surpasses Bitcoin eventually in the (doubtful) "market cap" indicator, this doesn't mean anything because BTC and ETH are two different kinds of things.

Bitcoin's USPs are censorship resistance and decentralization. Ethereum doesn't provide neither of both in a convincing way: by a centralized decision, transactions were already censored (TheDAO) and the decentralization aspect is also doubtful if the premined coins (72 million) still make up more than 50% of the current supply of 120 million (see also this thread (https://bitcointalk.org/index.php?topic=5504280.0)).

And no, the Bitcoin reorgs in 2010 and 2013 were not comparable to Buterin's action. They were legitimate reorganizations according to the protocol, while the ETH intervention after the TheDAO hack was an arbitrary protocol change.

Ethereum is still better than most of its competitors which are even more centralized (Solana, Tron etc.), but these kinds of altcoins should have their own ranking. They are not competition for BTC.

He was talking about market cap, not the actual value.  Market cap is how you calculate a crypto's total worth - you take the number of coins out there and multiply by the price.  For Bitcoin there is a limit because the supply dont go up.  But Ethereum dont have a hard cap so in theory the market cap can keep climbing infinitely if if they keep minting new tokens and the price goes high enough. And  dont mean it will happen, but this doesnt mean that ETH will become more valuable than Bitcoin.

ETH also has burning mechanism which gonna help keeping the total supply from being too much but i haven't yet observed how much the burn each day compared to the total minted but I think ETH minted significantly more than the burned ETH amount making your statement true.

https://imgvb.com/images/2024/08/25/baaccd3e5ad02c933844b2b6c2e6b140.png

since there were so many fuds about Ethereum Foundation dumping hundred million dollars worth of ETH just for salary and some events, the situation with ETH looking quite bad, i'm sure the market cap will still below bitcoin and as the time goes and more eth minted, the price of ETH might go down.

It has made many cryptocurrency investors millionaires in this community, because the team behind Ethereum are potential team and they are still working hard to make Ethereum the most powerful cryptocurrency in the market. There is positive impact from Ethereum compared to other cryptocurrencies in the market, because whenever the price of Ethereum is increasing in the market, other cryptocurrencies price will begin to increase also to allow their investors to achieve income from the market. Not all cryptocurrencies you can end up losing your funds, if truly you have the knowledge of cryptocurrency investment, because you will know the most popular cryptocurrency and the team behind it before investing your funds and it will be difficult for you to experience losses from that cryptocurrency investment. Base on what we have experienced from Bitcoin and Ethereum over some years now, I don't think Ethereum will overture Bitcoin in this community, because the team behind Bitcoin are still more stronger than Ethereum.

Burning program is a honeypot program.

Massive premined coins was intentionally done and years later, after realizing that with no cap, price will struggle to increase more, they launched their Honeypot Burn Program. This program style later was copied by Binance Smart Chain BNB token and many altcoin tokens but we witnessed how it failed with most altcoin projects.

Value of a project is not decided by Buy back and Burn program.

For now i don't think that eth will flip the btc, no record in the history of ethereum that is surpass the bitcoin price, but we don't know what will happen in the future in the next 10 to 20 years from now there is always a possibility, crypto is full of surprises its price and status will always change.

I think its power won't be possible if without the support of the public. I'm talking about funds here or demand. So, don't say that it doesn't have any contributions or positive impact in the crypto market.

Maybe if it was only just an ordinary coin or a shit coin yes because they can only come and go but we are talking about ETH here man. ETH has the ability to create a smart contract, so if someone wants to interact on those projects under ETH, they will also need to buy ETH. You even said that ETH bought a lot of people in the crypto world but isn't that a kind of positive impact? And may I know if what is your definition of positive impact? For those people who lost their life savings or got scammed.

It is clearly their fault already and not ETH because again, ETH is not just an any other crypto.  This is what we are always telling to people that they should not rush. It was greed that got them but that should have teach them an expensive lesson. I just hope they can bounce back and become more knowledgeable and stronger individuals next time. I can only agree on the last thing that you said. Despite of what I said earlier, I also believe that BTC will still remain to be the king of the crypto market.

What do the 'Teams' behind Bitcoin or Ethereum have to do with the way these two Cryptocurrencies succeed or fail?  It is not a competition of the Teams but simply the way these Cryptocurrencies work.  Bitcoin has been the first, over 99 percent of the rest are clones of it that fail to get even 1 percent of what Bitcoin showed it is capable of.

Like who?  The 3 people you see on Twitter bragging about their Wealth?  The DOZENS OF THOUSANDS of people you see on Twitter crying out loud about losing Money on their B S 'Investments'?  Or the people who pretend they are Rich and know it all just so they can end up selling a course for 499.99 Dollars teaching you things you can learn for free from the most easily accessible Internet Search results?

So the only positive impact from Ethereum is that it is a highly speculative Asset that brings some Money to a few people?  This is it?

If the question is related to Market Cap, then sure! If it is related to a comparison between the two, then the question makes little sense.

No one can predict with certainty what will happen in the future, and I agree with that. However, looking at the history of ETH and Bitcoin, it doesn't seem likely that ETH will surpass Bitcoin. ETH has never reached the heights that Bitcoin has, and when Bitcoin falls, Ethereum falls even more sharply compared to other altcoins. So, I don't think it's likely that Ethereum will ever surpass Bitcoin.

As you said, the crypto market is constantly changing, and there's no denying that the crypto market has always been surprising. It's also possible that the coins we're talking negatively about today or don't expect to make a profit in the future may surpass everyone's expectations. Only time will tell, and we can only say what we feel or what we see happening.

Things might be different in the future, but for now, it doesn't seem that ETH has the power to surpass Bitcoin in anything.

Ethereum is never going to flip Bitcoin in my opinion. Ethereum is still a great investment but it just will not flip Bitcoin, it lacks in scarcity, trustworthiness, it’s centralised in the sense that Vitalik can rug pull whenever he wants. There is no way I will never rotate my Bitcoin into Ethereum. Bitcoin is the King of crypto.

thats it , when you talk about market capitalization it is indeed that there might be possibilities but about the totality ? not sure if this will ever happen because before bitcoin fall such then Ethereum will be the first to drop followed by altcoins so bitcoin will never be overtaken by ETH  , not in our lifetime .

A good summary of it would be "not in our lifetime", indeed ;D There should be some kind of innovation that would push the boundaries so much that something like that would happen, and it doesn't seem to be like that at the moment, or the goal of ETH in general.

This is impossible right now, not even i the next decades. If you think Ethereum have the potential to fil Bitcoin in the future then it needs to have what it takes to do so. Which obviously we are not seing anything in the network that we can compare to what Bitcoin is doing. As a matter of fact Ethereum dont need to have the same potential they need more than enough potential to Flip Bitcoin that is the only way this can be possible.

However, i am not against you with the phrase anything is possible. But there are some things that can be possible unless there is a probability that it can be possible, right now Ethereum dont have what it takes.

Nailing it. Not in our lifetime, in short ;D

It seems impossible for an altcoin to compete with bitcoin. It sounds strange, but you have to remember that in the world of cryptocurrency, nothing is impossible. Ethereum still has a long way to go if it wants to compete with Bitcoin. Bitcoin's popularity is already high, making it the parent of altcoins. After several halvings, Ethereum still remains below Bitcoin because it is closely related to Bitcoin, the price of Bitcoin rises, so Ethereum also rises, it's hard to think ETH will rival bitcoin do future.

Ethereum doesn't have such qualities. While it is valid there are extremely gifted engineers working on their ventures installed on Ethereum, most of people in general on web actually appears to favor unified benefits and are not acquainted with taking care of their own confidential keys. That shows that enormous assets and customary financial backers are not excessively inspired by ETH over bitcoin as of now. Moreover, ETH needs to work harder if it needs to supplant the place that BTC is as of now holding.

It's not flipping the unit price really.  It's more flipping the market cap, ypu have to talk apples to apples here.  If eth gets up to the same coin price as bitcoin it will have well flipped bitcoin at that point.  Can it happen sure I guess nothing is forever.  But I think bitcoin still runs things and will for a very long time to come.

to be fair, since BTC is capped at 21b and there's allegedly many bitcoin lost in some wallet can't be retrieved maybe at some point ETH could overtake the market cap of BTC but we can't deny the fact that ETH is not safe either, it's an altcoin and being altcoin it means it can be replaced by other altcoin with newer technology, the one benefit that people get from using ETH is the smart contract capabilities but we all know that ETH is lacking in the aspect of scalability and having upperhand in technology could also mean it will eventually be obsolete in the future since there are many blockchains that are new and quite popular while also having significantly better scalability compared to ETH due to being released later.

ETH has the risk of losing its 2nd place and maybe it could lose its 2nd place position before it could even overtake BTC.

If we talk about price then I think it will not exceed the price of bitcoin, in this case we need to talk about supply, bitcoin has a maximum supply of 21 million while Ethereum does not have that and can still increase the supply of coins to the market.

I also believe that bitcoin will be much more widespread in the future especially if there are currently developments on the bitcoin network, this shows that it is likely that Bitcoin will continue to be above ETH.

Yep, the cap and adoption of a coin far and wide are essential to its future, both in the crypto world and other places alike. Currently, the cap of BTC is around 1 Trillion dollars, whereas ETH is $300k, which is like 1/3 of it ;D

I am not very supportive of Ethereum colliding with Bitcoin. Bitcoin is the most popular cryptocurrency people support Bitcoin the most but Ethereum is much more popular. But that doesn't mean Ethereum will overtake Bitcoin. If Bitcoin is close to 60k then Ethereum is only around $2500 right now so you can assume that Ethereum will not overtake Bitcoin. Whatever you say I never believe that Bitcoin will take over and overtake Bitcoin. But I can say that if bitcoin is around $60k right now then ethereum should be at least around $5000.

And we come to the "overtaking" term again - overtaken by price or FDV or volume? ;D
Anyways, I think BTC will remain the king on the high hill.

Only time will tell, however, ETH and it's guard of L2's have more in terms of different usages, in my opinion. You hear more about them than BTC, BTC is for storing the value going into the long-term, knowing fully well that you are protected by encryption, POW, and limited supply, that said BTC is the biggest of them all on the market.

He sure has faith in ETH. But you and I know that will NEVER happen. Especially when Bitcoin has first-mover advantage. Besides, how can a centralized "shitcoin" replace a decentralized project? Yes, ETH has been compromised ever since it made the switch to PoS. Whales and big exchanges now control it. With the approval of spot ETFs, it's even worse. In the case of Bitcoin, institutional investment firms have been trying to accumulate most of the circulating supply. But they will never be able to influence the future direction of the Blockchain, as consensus lies in the hands of miners and nodes themselves. You can thank classical Nakamoto consensus (aka as PoW) for this.

I believe ETH will stay the second-largest cryptocurrency by market cap for as long as it exists. Why focus on replacing or "flipping" Bitcoin? ETH can become a viable alternative to those who need it the most. It can achieve success as Bitcoin's "sidekick". Hopefully, Ethereum goes back to its roots of decentralization soon. :D

I am pretty sure he means marketcap, and not the price. And people have predicted the "flppening" since eth was born, and before eth, people were predicting that with other alts that were fomoed at the time. And that flippening prediction made more sense during the ico bullrun as eth was actually close to do that.

But at the moment it's not even close. Bitcoin has escaped so much further since, and predicting the flip now does seem out of place. If anything, eth chart looks bad. Fundamentally eth is doing better then ever, and i would understand if people would adopt it, but even if it moons here, i would think it just repeats the pattern with new ath cut short by btc dropping in price.

https://talkimg.com/images/2024/09/07/BHQSD.png

In my opinion, Ethereum may flip Bitcoin probably only in one case: if they really find a "killer application" for a blockchain with Turing complete script, i.e. an important use case outside of speculation and DeFi.

The "problem" for ETH is that while there may be some possible use cases (for example in the DePIN category, like distributed storage or distributed AI), for ETH really to thrive, two requirements must be fulfilled:

1) The use case is impossible to achieve in a similarly safe/transparent manner with a traditional non-blockchain architecture (e.g. client-server) with PKI (public key infrastructure). This means: "you have to need blockchain for it".

There are not really many services one can imagine, because the "double spend problem" solved by blockchains is almost exclusive to payment systems. In most other use cases a simple distributed public key infrastructure will work too. For example, a "decentralized Uber", which was one of the first dreams in the ETH community, would work much better with an "open" client-server system (with transparent standards, using public key tech in a manner similar to Nostr, and multiple independent web/mobile interfaces to make it decentralized), maybe with some BitTorrent-type P2P stuff integrated, than with a blockchain. Crypto's main usecase here would be payment, but you could use any cryptocurrency for it, including Bitcoin and Lightning.

2) The use case is impossible to achieve with Bitcoin Script.

Bitcoin Script contracts with OP_RETURN data extensions already allow a lot of use cases that were Ethereum's main USPs, like tokens, NFTs (which were invented on the Bitcoin blockchain, by the way), and even DEXes (atomic swap technology). On OP_RETURN, or with the newer RGB technology, even Ethereum-style turing complete contracts are possible. Decentralized voting is also possible with all blockchains.

Seems reasonable and logical.
And, yeah, ETH is doing great with its L2s and different things upgrading with time + plans for the future.
But in terms of market cap and the whole - flip - it's not going to happen in our lifetime, I imagine ;D

I may agree.
Flipping the BTC, trying to do it or staying a sidekick for it, sorta - all is good as long we have the ability to invest in it and see it evolve for the better.
That's the main thing, in my opinion.
As you said, there is still lots of work to do in that direction.

flipping BTC only possible if ETH got that large chunk of investment from institutional investors, if ETH just getting capital from retailer, then forget about it.
ETH better off staying as sidekick for BTC and no need to flip BTC, ;D. can't imagine the world where ETH dominating entire crypto market with its clunky technology and really bad scalability.
if ETH somehow can flip BTC, ready yourselves for the upcoming thousands of L2 with overrated token.

Ethereum could eventually surpass bitcoin, a scenario often called "the flipping." But for this to happen, ethereum would need to outperform Bitcoin in every way. Does this mean bitcoin's dominance is at risk? Some predictions say ethereum’s market cap could overtake Bitcoin’s within the next five years.
There's still a lot of progress to be made, but if professional investors and advisors continue to back ethereum, it might challenge Bitcoin’s top spot. However, I believe both will keep growing, and hopefully ethereum potentially flipping Bitcoin in the future.

It seems ETH's spot ETFs are having more outflows than inflows from institutional investors. This shows us how low demand for the cryptocurrency is, compared to BTC. How can Ethereum "flip" Bitcoin this way? It's just impossible. Besides, BTC enjoys first-mover advantage. It was the one crypto that started it all. Good luck beating the "King".

While ETH will remain #2 forever, that doesn't mean all hope is lost. It can continue to improve until it becomes a "force to reckon with". As long as it sticks to the original ideals of decentralization, nothing else matters. Unfortunately, ETH is turning more centralized each day. It won't be long before it gets "owned" by "Wall Street". We can blame PoS for that. Why do you think nothing can beat the real thing (Bitcoin)?

I hold both and I'm more fond of thinking that ETH might be out of the top 2 someday. Most of coins that are into top 2-10 have been gone long time ago and were replaced by new projects and that's more of the possible scenario to happen than what Nick is thinking. I don't think that we'll see Bitcoin being flipped by Ethereum or any other on trend projects. It's not going to happen at all but what is likely is that the possibility of it that someday we'd see more projects, the actual ones that has gained a lot of traction in the market.

But to say this, I am not convinced at all. I know that it might not last forever but it's more possible to see what I've said. Maybe it might happen when we're gone but I am not looking forward to that day.

It will be an interesting showdown, for sure.
And, yeah. Innovation drives the market, the whole crypto space, actually.
And the funds within it too ;D

let him think of it and surely will never have it that way , because Bitcoin will never be flipped by Ethereum (NEVER)

there are so many chances that ethereum tried this but never succeed .

Anything is possible! While BTC has the first mover advantage, ETH has its own strengths, especially with its smart contract capabilities and the massive ecosystem being built on top of it.

Will it overtake BTC? Hard to say, but in the crypto space, unexpected things happen all the time. I wouldn't rule anything out!

Interesting but I don't think that we'll see that. It's more that ETH has more competition than of Bitcoin. But it's true that innovation really drives the market as well and it is one of the factors for what is popular in the tech market along with the crypto market too. The funds that drives them is what people attract the most. So, wherever the money is flowing in then for sure that everyone is also diving into it because there's no other option but to ride the innovation that we're seeing and that's how the trend and hype is being made.

Yep, and different foundations also take notice and getting onto the train or leave it because they think it's not worth it to rally this project or that one.
And, you are right - ETH is a second place at the moment, but it's reliance upon L2's for the projects to come should be resolved eventually.

Of course. The crypto market changes at a fast pace. Coins that are in the top now, might not be in the future. ETH is no exception. Only BTC is saved because it's the one cryptocurrency that started it all.

With the path ETH is taking, I don't think it will be able to hold the #2 spot for long. Competitors like Solana and BSC are quickly gaining traction. ETH devs should focus on scaling the main chain, instead of forcing everyone to move to centralized L2 networks. I'm talking about Base, Arbitrum, and the likes. Eventually these L2s will face scaling issues as they're limited to the main chain's (L1) transaction capacity. This is just how Bitcoin's Lightning Network works.

By scaling the main ETH chain, fees can remain low forever. Wait times will be reduced, too. Only then, people will find ETH more attractive. And don't let me get started on ETH's centralization issues. The switch to PoS has been nothing but a mess. ETH was more decentralized when it was a PoW coin. I guess ETC is a far better choice. Crypto land often behaves in mysterious ways, so expect the unexpected. :D

I do agree that if ETH wants its place under the sun, it should follow innovation and scalability for its community, not profits from the foundations and in general.
Otherwise, it's unknown what the competitors will come up with and how it will affect the whole landscape.

If you understand the two in your research, there is no way you will not agree with the majority that Bitcoin is more valuable than Ethereum, because Bitcoin has gone round the world more than Ethereum which it will continue to make investors to continue to invest in Bitcoin in the nearest future. For you to agree with other people that said Bitcoin will continue to lead Ethereum in the general market, you have to use this current price in the market to differentiate the two, because the gap Bitcoin is using to gap Ethereum will make you to believe that Ethereum will not overthrow Bitcoin. Do you know that the number of investors moving to invest in Bitcoin daily are increasing more than Ethereum, because they know what they are going to achieve when they hold the Bitcoin for long term.

ETH has been there for quite a while and I think that it shall stay there for years. But we don't know if someonething is going to arise and replace it then but with its looks, that's unlikely.

That's one of the reasons why other L2 tokens that have came from ETH started to make their own chain and mainnet and that's to solve that scaling issues. But it's not yet too late for ETH devs to make this difference and they can still work on it to be loved by the people. We don't know about the changes in the future but we've seen top altcoins from the past that are nearly forgotten now.

I don't see SOL overtaking ETH's place even with lots of innovation incoming due to them having their own problems, but your view is interesting.
Maybe ETH will improve in the future.That would be nice.

I don't think we can apply the last sentence to ETH. It will never be forgotten totally, albeit a bit due to the problems that are piling up. Devs should definitely look into them and solve the scalability due to which there are so much L2's currently.
It's essential for the future of the main net, though they don't seem too bothered by it at the moment.

I have a view that ETH will always be below BTC no matter how it maneuvers in the future, all the ETH holders have to do is they continue to hold ethereum, the profits will double in the value of USD and that is a sure thing Although nothing seems impossible in this crypto market.

One thing we usually see is that whale investors who have already made a profit in BTC will not necessarily leave it and move on to another project just like that.

Holding BTC is essential and whether you leave your bags for the profit in a year or two, or will hold for a year or two more - everybody's decision, really. The reality is you will be getting a better portfolio for yourself if you continue accumulating it.
With ETH - it follows BTC, thus, waves that happen with BTC go a bit harder on ETH graph, but speaking about "flipping" it - not going to happen, in my opinion. BTC is like a bigger brother to ETH.

It can't, and it won't, not anytime soon at least. We are talking about a situation where it is not going to bring us any profit at all, it is going to be something that takes time and we shouldn't really worry about it, I believe that we can make it get better with time, we should just consider that it is going to be something that takes a bit of situation.

So, if we could just consider ETH as something that went up because of how much it was used, then it is not used that much anymore at all. Even if you check just gas fee then you could end up with something that explains why it is not as big as it used to be, because back in the day it was used so much that gas fee was super high, even a simple transaction could cost as high as forty dollars, now when you look at it, it becomes clear that it is very cheap and that's mainly because it is not used a lot.

When something is not as much used as it used to be, then it's clear that we are not going to see people buying it at all, and when people are not buying it like they used to, that means it is not going to go high in price neither. This is exactly why I believe that it is not going to go beyond bitcoin, because bitcoin is doing great at the moment and ETH is not.

That is true, accumulating more definitely brings in a lot of profit. I think the best thing about crypto is that when you hold bitcoin for a long time, it should be making you a good profit, it shouldn't be that complicated and that is why I like it so much. I understand that it may not feel that way sometimes but that is still true and definitely brings in a great amount of profit.

Sure on bear times people fear that maybe it won't, but the reality is that it will and that's what it matters. I believe that we are going to see this getting to a point where we end up with something that gets a lot better. ETH part is also right, it moves with bitcoin, maybe not exactly, like btc could be up 10% and ETH could be up 11%, like there could be small differences but they move together.