Bitcoin Forum

So, what are your opinions... if Bitcoin gets trouble, could Ethereum become the crypto-leader?

still 29/30 to go, good luck it will not happen

i'm also expecting a nice increase in bitcoin in this year, so it will be even more harder for ethereum

It isn't so much take over Bitcoin..

Bitcoin = 7 billion+
Ethereum = 1 billion+

So about 1/7th of the way of beating Bitcoin in value - and maybe compete on the side as a currency though the devs always stress this isn't the purpose of Ethereum and would rather work with Bitcoin.

The fact Ethereum keeps touching 1 billion+ and beyond makes it worth paying attention to.

--

By the way, the price of Bitcoin has already pretty much been adjusted for - so don't expect a HUGE increase but maybe a bounce up and down due to HYPE over the halving.

Its possible but probably not anytime soon.

Irrelevant - they both have their place in a healthy crypto currency ecosystem. Having two secure assets that trade inversely to eachother and can be used to hedge asset positions against eachother will be a huge benefit to everyone with a high level of exposure in crypto.

Wrong, Eth scammer.

Roach, you're a silly man

eth is just vaporware
all the fake volume money belong to whales, nothing much to see here.

PostThu May 19, 2016 6:32 pm
In March, I wrote about how the bitcoin halving event, which will occur in early July, is likely to have a negative impact on bitcoin and to cause significant disruption in the cryptocurrency industry. I predicted that of all the possible scenarios, the most likely outcome was Ethereum taking over the role as the #1 cryptocurrency. I later updated the predictions in April, at which time I said that I would post another update in late May. In this update, I'll review how these predictions have continued to bear out as stated, and why the landscape is going to be dramatically different in a few months. If you have not already done so, you should review the original post at viewtopic.php?f=11&t=782 before continuing.

While I don't trade cryptocurrency and we have recently been selling all our profits to dollars, I do believe that price is the most accurate representation of the demand for and potential of a technology. Using price as an indicator isn't perfect - bubbles come and go all the time - but price is useful because it is forward-looking. There is a huge difference between news articles where rich community figures state what they believe, and people who actually put their money on the line to cover their beliefs. If I am an average worker who earns $37,000/yr and gets taxed 20%, then my buying $2466 of bitcoin implies that I believe in the technology so much that I'm willing to have gone to work for no reason at all for an entire month - time that could have instead been spent relaxing at home - if bitcoin doesn't work out.

Work being so hard is why political prediction markets are consistently far more accurate than polls. Trump may now be favored to win in the latest polls, but prediction markets think his odds are only 42%. When people risk having put in hard labor for nothing, they often take more time to do research and ensure what they believe is correct. Thus, looking at the price of a coin is far more valuable than reading general sentiment on the Internet about that coin.

Examining prices and comparing them to the March predictions, we can see that bitcoins are worth less than I believed they would be at this point, and ether is worth more than I believed it would be. Perhaps the most striking difference from the original charts in outcome C is that bitcoin never reached the $600 bubble that I believed naive investors would inflate around Memorial Day. Since there is no shortage of low-information institutional investors around bitcoin, the reasonable conclusion to draw is that the investors are there, but the natural price limit for the number of transactions that can fit in 1MB blocks is $470. Every time price reaches $470, blocks become overloaded and price retreats again. Now, blocks remain overloaded even though the bitcoin price fell, suggesting that the decline will continue without price returning to $470 again.

It is important to note that while the halving will cause miners to go offline and there will be long block times and network disruption as a result, the crash in bitcoin is likely to occur before the halving because market crashes are usually caused by panic. People will get out because they are worried that their funds will be frozen after the block reward halves, and they will do so far enough in advance to be assured that their money is secure. Anticipation of problems is why the the bitcoin crash is likely to begin within a few weeks (the previous article predicted decline starting around Memorial Day), not the day after the halving. Even if the halving does not cause a single miner to go offline, people know that there is no chance that the blocksize will increase by then, and they will not be willing to risk the chaos that could happen. For example, there were over 50m bitcoin days destroyed yesterday, the highest daily total ever, so somebody moved a lot of coins that were in cold storage to prepare for something.

In the previous articles, I explained why Segregated Witness would be unsuccessful at alleviating network congestion because there was little reason to adopt it for big corporations with high risk and the claimed 4x capacity increase was impossible with most transactions. But I had assumed that the Core would meet their deadline of releasing Segregated Witness's code by April, which they failed to do. Given that it has already been an entire month since the feature was promised to be released, the odds that a significant fraction of the network will adopt it before July are very low. Another issue with Segregated Witness that receives little mention is that the Core has continued with development of controversial features, like replace-by-fee, which are now bundled into all Core builds. Only a third of the network runs the 0.12 Core builds that include these features even months after they have been released (and several updates have been made available too). Some people who like Segregated Witness may not adopt it simply because it initially won't be separable from other features they oppose.

Ethereum, on the other hand, has started its rise more quickly than I believed it would. I had not anticipated that actual uses for the Ethereum network would arrive so quickly. While it's impossible to determine conclusively the cause for any market movement, The DAO has brought in hundreds of millions of dollars into Ethereum in just 20 days. The unprecedented success of The DAO suggests that much of the current Ethereum rise is not caused by speculation. Unlike with speculative buying, ether that goes into The DAO is unlikely to go back out because the quorum for The DAO is so high that tokenholders will not be able to agree to spend it. DAO ether is effectively "locked up" for the long term.

If most of the current rise is due to The DAO, it's possible that the current Ethereum price, or a level very close to it, is the floor for future valuation. Once money starts coming in around the bitcoin halving, it could skyrocket even further with the speculative investments adding to the money locked up in The DAO. And future DAOs that improve upon the quorum requirements of the first one, may lock up even more ether. Some believe that the majority of ether will eventually become controlled by The DAO or other DAOs. I did not anticipate the possibility or timing of DAOs earlier and it is one of the reasons I am more confident that Ethereum will overtake bitcoin now than I was before.

One of the biggest reasons that Ethereum will benefit is that it is far easier to trade bitcoin for Ethereum than it is to trade bitcoin for dollars. When the bitcoin panic ensues, bitcoin holders who don't have the ability to set up a bank account link, or who are worried about the time it takes to do so, can easily transfer bitcoins to Poloniex and change it to ether. In fact, a significant rumor has popped up that Coinbase will add Ethereum trading. If true, this feature has profound implications because Coinbase had talked about litecoin integration for years, never saw litecoin as worthy of trading, and now sees Ethereum as worthwhile to offer. Coinbase offering Ethereum trading would also be an enormous event because Coinbase controls 10% of the entire world's bitcoin reserves. During the halving event, the bitcoin network could become completely unusable and up to 10% of all bitcoin would still be able to be sold into Ethereum without issue.

At this point, Bitcoin has been, as businesspeople often say, overcome by events (OBE). Only an unprecedented step will save bitcoin from losing its place as the #1 coin. Consensus conferences, further negotiation, and Bitcoin Classic no longer have enough time to succeed. Those who see value in saving bitcoin need to release a client that will hard fork the chain on the day of the halving to support 2MB blocks, using merge mining, regardless of consensus. This is the only way to give owners of bitcoin a say. Force miners to make a choice of forfeiting revenue by not merge-mining the new chain, and force exchanges to give up revenue by not trading the new chain. Some miners will mine or merge-mine the new chain, and some exchanges will trade it, and the question of whether normal bitcoin holders support larger blocksizes will be answered once and for all by the markets. A final decision on the issue needs to be forced, now, if bitcoin users want to save their network. If the chaos causes both forks to crash to equal value, that indicates that the deadlock is so entrenched that a fresh start with Ethereum was inevitable anyway. Myself, I'm not convinced that effort should be spent on this because it implies that bitcoin is worth saving despite Ethereum already being better in most ways. There aren't yet enough critical services running on bitcoin, and talent like Andresen and Garzik who think that cryptocurrency has to grow soon could instead be spent further improving Ethereum.

Based on happenings since I wrote the March article, almost all of the short-term news for Bitcoin has been negative, and almost all of the short-term news for Ethereum has been positive. Bitcoin has had no progress on the block size problem, Segregated Witness not only won't have much of an impact but it also isn't anywhere to be found, Craig Wright was able to further sideline Gavin Andresen as a bitcoin developer, miners are unwilling to adopt alternate implementations, Bitcoin lacks a vision, and the Thunder network requires forks to implement prerequisites that will be no less controversial than the one already under consideration. Ethereum has executed the most successful crowdfunding effort in history, multiple major exchanges have started trading in Ethereum, and its development towards its clearly defined vision continue. I see no reason why I should change my "outcome C" prediction, which remains that Bitcoin will have a major crash within two months and that Ethereum will see dramatic adoption across all exchanges and businesses to become the dominant cryptocurrency over the next year.

@Stoat

Is that article you just posted one of yours?

I think there is still time for the miners to switch to Bitcoin Classic and for bitcoin to get the bigger blocks before the halving. The ball is in their court - I find it hard to believe that they will sit there paralyzed and not act while the value in btc drains away.

No, not mine

When you guys say, "Ethereum will take over Bitcoin as the next viable cryptocurrency" you are hugely mistaken.  It's not even a currency to say the least, it just acts like a currency because you can trade it in for bitcoins and also be able to send them, which makes it an asset at the least... An asset that allows you to access the services that Ethereum has the potential to provide.

Ethereum isn't a currency.

What a load of claptrap.  ETH works fine as a currency

Stoat's article:
https://steemit.com/bitcoin/@jupiter00000/bitcoin-halving-from-a-miners-perspective

lololo. Those pesky "whales".

Today ETH "fake" 24h vol was 54.1 mio USD.
BTC 24h vol was 94.6 mio USD.
ETH today had reached ~ 54% of BTC's 24h vol.
Then there is a big hole and then there is LTC with a 24h volume of 2.7 mio USD (2.8% of BTC 24h vol).

BTW: who is paying all those TA costs? Those friendly "whales"? Or has Polo moved into charity business?
Feed for thought: what are the probabilities that folks are just now moving from BTC over to ETH and ETH is sucking the blood out of BTC?

If BTC folks cannot solve transaction jam problems, ETH 24h volume soon will overtake BTC's vol. Currently BTC is the bitch of Chinese miners.

PS: that ETH "vaporware" "fake money" fuel is currently powering the biggest crowdfunding of all times. Currently there are ~ 162 Mio USD invested in The DAO and counting...

Maybe soon but not at this point of time,people are still very much on bitcoin and will not want to see any other crypto currency overtaking bitcoin but etherium and those on the top five can co-exist with each other..

The bitcoin price dropped to $430 and the Ethereum price rose to $15. So some bitcoins are converted into Ethereum.

But does it? With the volatility of late, would you spend this coin on something mundane like a tank of gas? Or a cheeseburger? So that tomorrow, when the price surges even higher, you realize you could have spent less for the items you just purchased? People use things as currency that have a rather stable value over the long term. This is still an issue with bitcoin as well, even in this narrow price range (considering its btc) the price is entirely too volatile.

Nah, there's still a chance eth might turn scam. Bitcoin has been here for years, eth has been here for about 10 months(correct me if I'm wrong.)

You are wrong in term of the Etheruem history. The ICO of the Etheruem happened in 2014, it is under development since then.

Alright, thanks for the corrections. Bitcoin has still been here longer than eth though.

While it is technically possible for this to happen in the short term here, I would be very surprised. I'm a huge Ethereum bull, but it should *not* be the crypto leader at this point. Bitcoin has a very important roll to play - it is established, stable and secure. Its the honey badger and its not going anywhere.

Ethereum is planning on moving from PoW to PoS as well as trying to implement a variety of scaling improvements. Those are not "sure things" and if they fail to deliver on them, ETH will likely fall by the wayside. There is undeniable risk here that you should be taking into account. The fact that we are looking at "moon" situations here is premature. If you want to ride the wave, invest modestly and follow the development path to make sure we are on track before betting the farm. If we go through the next couple major development releases with no hiccups, then I think it will be fair to start the hype train up.

If they succeed they are in a unique position. The PoS thing alone means that they won't be at the mercy of Chinese miners. Instead exchanges can stake and supply themselves. It changes who has "control" of the currency, and that affects who wishes to hold it.

Except proof of stake has no value whatsoever.  You shills and scammers can go ahead and give up spamming all your Eth pump topics:

This is just hype. It will crash, make no mistake

And?

Past performance is indicative to the future?

Just like Bitcoin obviously.

Yes, ofcourse eth could takeover bitcoin, anything is possible. But bitcoin has the biggest advantage, and that's first mover advantage. I dont see bitcoin being n1 for much longer and if it's losing that spot, i dont think we'll have a real number 1 crypto (ethereum might replace it but it wont become as valuable).

The market cap of the Etheruem can be much higher than now, but it will never be higher than the bitcoin.

i dont see the point how a swiss non profit foundation can scam you ::) *just my opinion*

It needs some time but is going to be the most widely used cryptocurrency.

The Etheruem is still too young. It is not widely used. So it might take long time for it to catch up with bitcoin.

We can answer the question in 5 to 10 years. At present, the Etheruem is just two years old and bitcoin is just 7 years old.

Bitcoin is the base currency of the digital world or the reserve currency in a few years. Etheruem is just a fuel.

like comparing apples and oranges. Ether is gas, where bitcoin is more of a currency.

Each has its own applications and will continue to be of use.

Nah, I dont think it will be so, ethereum is more technology then payment solution, did you hear someone bought a pizza with ethereum? Lol

Both appreciate in value. One vs the other in the wrong way to look at it. Both should have higher prices in the future.

OP, no way that'll happen simply because it's already admitted that ETH is a coin that makes its rules as it goes along. That means: zero transparency and a lot of room for insider trading.

It's also not decentral.

And the supply is with the pumpers now who bought a lot way too high and will have to unload at some point. I wouldn't buy in as long as the pumpgroup is active.

So it's a shitcoin at best and a scam at worst.
Don't think btc has anything top fear from it.



It's a token issued by a central authority. It's certainly not a 'cryptocurrency' like Bitcoin or Litecoin.
It's just riding the coattail of these, that's also why it doesn't stand a chance.

Also: maybe they can sucker in some stupid money but i honestly can't see me or anyone i know recommending that to people. So their network effect is close to zero.


I think the pumpers will dump on each other in the next run up to not produce fatal losses for themselves. They do need another pump and suckers to buy to get out in good profit. If they see they can't find the suckers they just dump on each other.
Nothing for the little man to take part in.

No long speech. just...https://www.youtube.com/watch?v=5UzCsG0YBz0 1:00 mark

Do you think the bitcoin is a token issued by a central authority. I thought bitcoin is decentralised, so is the Ethereum.

It's possible the way ethereum is performing but not at this point of time,it is Bitcoin year everybody are exciting about what's happening on Bitcoin right now,but if you ask this question next year ethereum could be on a good standing to take over Bitcoin..

Certainly not because it's a centralized ipo-scam-shitcoin. When btc gets in trouble LTC will take over that spot in a heartbeat. That's what LTC is there for.
ETH can't compete even with LTC longterm.

12 months from now ETH will have a much lower marketcap than LTC. Quote me on that.

That is possible if the Etheruem is changed to PoS. If it keeps the PoW mining, its price will be much higher.

I hope that they will keep the PoW for much longer, especially when the miners supports the fork to recover the stolen funds.

Ethereum will never replace Bitcoin.  Let's see if it survives the summer.

I am very interested to see that as well. The price is around $14 now. If the price drops to $2, which is below the mining cost of most people, it does not survive.

Short answer no! Ethereum is perhaps best viewed as an attempt to apply learnings from bitcoin’s decentralized, global cryptographic network to challenges beyond value exchange. Rather than disintermediate third parties in e-commerce, it envisioned how removing other traditional arbitrators of trust could enable a new wave of application development.

Sure, op. Hope you sold in time ...

https://i.imgur.com/c3Rl9fX.png

I think the Ethereum and bitcoin are for different purposes. They will have their own application for different usage.

LTC is most likely to trend if BTC stalls. ETH has testing times ahead...

Ow i thought that ethereum is held on 2015 honestly im shock about ethereum is increasing fast when the price is below 1mbtc the movement price of ethereum from 2015 is very fast and many people are not believing because ethereum is over valued..

No Way.
although you have to first define "trouble" many think confirmation time or block size is trouble or many other things that are really not an issue at all.

but eve if something happened, the next thing to come up would be Litecoin. and ethereum has been having a lot of troubles from the start that will never let it get even close to bitcoin no matter how big they make its marketcap. besides a large percentage of available ETH is in the hands of a few.

But at end of day ETH was something new to crypto while LTC is just BTC clone with better distribution  but no matter what always you will find people who will complain at it.
In REAL economy something valuable is handed by few sir. Today 1% have  99% of all good on the world. So situation with BTC like in ETH is similar to that point where rich have more than poor. Yeach that difference is stunning but real this is real world in people were trying to be equal and have equal how it ends we see in North Korea where everybody have equal that mean NOTHING no goods no any freedom. People should not be mad that some whales are hoarding a lot founds if we had real life in  utopia then distribution in BTC, ETH would be more fair but real life is not utopia.

Ethereum is dying. It will never  be a real alternative to bitcoin. There are a lot of crypto projects that have a lot more potential than Ethereum and that could prove to be an actual competitor to bitcoin. DASH is far sup+erior and already offers the same features that Etheruem was supposed to offer.

Why did some n00b account bump this. Let it die.

Just ignore the user or don't post on the thread.

now ethereum leader market the fist volume transaction in altcoin, but is ETH make and take over bitcoin market is imposible,
bitcoin is equal same dollar is fiat money, bitcoin troble and can't transaction again, is woldr crypto coin and altcoin very big trouble

I doubt it. Bitcoin is the first cryptocurrency and that makes it better than Ethereum in my opinion. All of the altcoins are based off bitcoin, whether it is a little or a blantant copy of BTC.

People also suggest that Ethereum is a pump and dump scheme, which i believe to some degree.

Ethereum is most likely dead.  Bitcoin has never returned to MtGox $1250.  I doubt we'll see Ethereum return to $19+.  Nobody can trust the Ethereum platform anymore and big business / big capital is not going to touch something which saw $150+ million put at risk.

As it was shown to all of us, bitcoin is still king. Nothing will surpass it in the near future I think. All the venture capitalist money will still be invested in bitcoin and they will not touch Ethereum because of the hacking.

@BigSirko and @bbc.reporter

You're missing an important point: Chinese! It is the keyword for all cryptocurrencies especially ETH. Guess what? Dev2 will be held in China (early Autumn this year).

That is very likely IMO if Bitcoin society doesn't ditch Core crew which is killing it.

The Chinese will only invest in Ethereum if it is profitable for them. But it is not profitable right now because there is a hacker who can steal from the smart contracts because there is a flaw in Solidity. Maybe China will pump ETH but not stay long term.

i think it will take a long time and many many peoples to interest in eth to change the domination fo bitcoin.
developer must be take a good strategy to grow up their coin.

Within 2 to 5 years, the Ethereum will be the no 2 coin if it becomes stronger again after the recent hack.

Everyone who thinks eth has a chance is outright delusional.  Wake up people.

Yes it can be no. 2 but i dont think it would ever overtake bitcoins. Because bitcoin is way ahead in terms of price than ethereum so no point comparison between them now...

I do not think the Etheruem will overtake bitcoin. They are for different purpose. Bitcoin will also be bigger.

That's why peoples call it altcoin.
Alternate is always be alternatif, it can't be the first choice until bitcoin is down.

obviously no there is no chance that ETH could replace Bitcoin and become crypto-leader i'm pretty sure with my opinion and might be several times ago i have been trade for these coin and got some profit but i think it is not possible to replace bitcoin and if we see the current prices day by day the prices always be decrease and might be for next 2 or 3 years ETH will be dust coin

There was a time when this could have been a strong competitor, but with all the scandal it will be difficult for Ethereum to be trusted. And this trust is why it will never compete with Bitcoin, it simply hasn't been around long enough.

You can blame the miners for the Ethereum not to be trusted. These are the people deciding to take money back from the hacker.

Blame the miners? Maybe holding the developers of the DAO, the developers of Ethereum and the possibly the hacker (who took advantage of their poor coding skills) accountable makes more sense. The miners are simply running software provided for them by the Ethereum developers, if the system is flawed how is that their fault?

Most people like to be delusional. That's good for the others who make money on them. ETH is a huge cash cow for some.

Hey the devs are La cops now!

http://www.youtube.com/watch?v=Kkc2KinHWiM&authuser=0

I think and i am really really sure that bitcoin cryptocurrecy will be first forever in cryptocurrency world because it is first created cryptocurrency in world and it is the most popular cryptocurrency in the world right now.

I think the Ethereum will stay with bitcoin, they are complementary and have different functions in the digital world.

Delusional indeed.  Too easily swayed by Ethereum's claw in cryptomedia.

Ethereum blockchain is not safe and money gets stolen.  Ethereum technology is not suited for mass adoption.  Already some people on twitter claim the blockchain is 19+ gigabyte and that is with no users, only a handful of speculator..

Do have any have reference that  people have stolen any Ethereum from the Ethereum blockchain directly?

I heard the Ethereum is quite safe block chain technology. You cannot steal directly from the Etherum wallet.

bitcoin was already the first cryptocurreny now and i have no doubt about that because other altcoins cannot replace bitcoin also i don't know this is true or not but my friend was told me that if i have ETH he has suggest me to sell them all because for the next few days ETH prices will going down day by day and trade these coin is not profitable any longer

possible but not soon

This time it was the other way around. ETH got trouble, but none is exempt from any kind of these issues not even BTC.

No.

How many of these thread are there?

Ethereum this, Ethereum that. I'm convinced most if not all of it's activity is speculative.
If ever bitcoin died, many coins would stand before Ethereum. I thought the OP may have been being sarcastic, but alas, it continues...

It's a no for me if bitcoin will crash one day one of altcoin will replace him but sadly to say I think its not ethereum maybe other altcoin that have also potential to increase ,for ethereum I think he will not break atleast half of the price of bitcoin right now.

The Ethereum hard fork is very successful, it took the money stolen by the hackers, it give people more confidence.

And yet another SP n00b account shills ETH. How surprising. :rolleyes:

In my opinion no, because bitcoin had got trouble and it is still survive until right now, although the ethereum has new innovation and there are many people who support it. Bitcoin is still become leader for another cryptos coins.

Yes, ethereum will overtake bitcoin in market cap. It is a superior cryptocurrency.

Its impossible to happen ethereum will be crash again soon according to other traders that hackers who holds a lot of ethereum when the issue about dao.. they can dump their coins.. i just heard it to someone.. and i hope its not true.

The trading volume of the Ethereum and its Classic version is larger than the bitcoin now. People are selling bitcoin to buy Ethereum.

leader altcoin is ok and yes ethereum until now is leader market altcoin
but to leader and  I was able to beat bitcoin still can not
bitcoin is compare fiat money equal is dollar, dollar is king liquid to exchange another money currency
so are bitcoin liquid exchange to real money fiat money so altcoin want bitcoin to exchange real money and fiat money
until now nothing is replace posistion bitcoin

The combined trading volume of ETH and ETC is very large now. Some bitcoin traders very interested in them.

There are some discussions about the 51% attack on the ETC. That coin could be discountinued soon.

How can you live with yourself knowing you only spew ignorance in one of your areas of knowledge?

A lot of Bitcoin believers actually don't recognize this. or they just don't see the patterns of the coins being on ICO.
Most of the new coins today always feature Smart Contracts which actually started with ETH as innovative as it is.

So it can be replicated. Ok, Bitcoin will implement that by Rootstock. Now tell me something else what value does the network have when ETH goes into PoS and nobody spends a dime on it? I am curious to hear your thoughts as I don't believe in PoS.

The bitcoin was hacked in the largest exchange. There could have negative effect on the bitcoin. But it is too early to say it will be replaced by Ethereum.

Bitcoin cannot be replaced in the next 5 years unless there will be developed bigger businesses / application on ethereum blockchain. The first step into taking bitcoin place is for to succesful update to serenity early next year and then make scalability work. If they succeed that, the value of ethereum will double in like few weeks. But it also depends alot on dapps success, like akasha social network.

I am not sure if the Ethereum will take over bitcoin, but the trading volume is higher than the bitcoin now.

The trading volume dropped some what in the last few days. But investors are still very interested in it and there will be a few meetings about Ethereum.

The Devcon2 will be held on September 19, 20, 21.

https://blog.ethereum.org/2016/07/08/devcon2-site-now-live/

So is there any possibility that the Ethereum price will be pumped to coincide with the conference now?

It's not about pumping. There's a lot, sorry I will repeat that, a LOT of gud ETH news coming out during the conference. I've bought moar in anticipation. It's the best advices right now.

No, there can be only one true chain and it is BTC.

in now and next five year ago
ethereum eth never can takaover bitcoin and move position bitcoin is number one and lead cryptco coin
until now bitcoin still central transaction all altcoin need bitcoin, but bitcoin not need ethereum

In theory any coin could over take any other coin.

So the answer is yes...it could.

Will it do this today or tomorrow? I highly doubt it.

yes ,of course etherium will be leader if bitcoin became but it can't happne because father is father and son is song . in my openion the price of etherium is in term of btc si there is always a chance of change in price of ehterium due to btc .

There is no chance in hell, etherum would take over from bitcoins. Whale or no whale!

i think there is no way that ethereum takeover bitcoin because bitcoin is bitcon, ethereum is ethereum and there is not the same project. but if for leading, i think ethereum can do this but i wonder when ethereum can be leading for any altcoins? i don't think so that ethereum will be the leading of altcoins.

I believe that the bitcoin is a base currency and the Ethueum is a fuel for the smart contracts. It will not replace bitcoin.

And the two currency can co-exist and complement each other.

well said.
if ethereum can stop being a bad coin in the sense of manipulation and also centralization and instead starts being more like a normal altcoin with a decentralized economy with little manipulation it can grow big. otherwise it will die slowly like 100s of other altcoins before it.

The Etheruem is not so centralisation. It is still in the PoW stage. So the premine will be diluated in the future.

Yes its no way near possible right now that ethereum can takeover bitcoin in next 5 years or i would rather say its never gonna be possible.
Right now bitcoin is way ahead of that.Ethereum at the start showed the great potential and many said it would cross bitcoins but after some times it shuts down,bitcoin the boss in the crypto-currency world.

You know the trading volume on some exchanges are zero fee bots which only point of existence is to pump some shit/crap/waporware as ethereum?

Ethereum is not decentralized network and never can be, the community with ethereum is only interested in hype and pump and dump scheam

There is zero security in ethereum blockchain was forked by few insane ppl, miners only supported it due their ignorance and greed, as soon ETH goes POS they will abandon it for next new coin

How is it ethereum not decentralized if the biggest miner in china, therefore in the world, only owns ~2% / 100gh + of all network hashrate ? Everyone owns between 0.00000001% and 2% of network's hashrate.

If the Etheruem price is very high, there will be more miners all over the world, but mainly in places with cheap electricity.

In short someone could control it. I dont want that. What is the difference with the government fiat with that. But it will all be your opinion so I should barge in. Just be careful. I dont think it will take over bitcoin. That can happen in their dreams.

Everything depends on acceptance. Since ETH and Bitcoin are getting more and more every day, both are in continuos developing so, taking in account the size of the whole systems and community involved I don't think ETH will takeover Bitcoin (at least until 2020). That's my opinion.

Ethereum Network Comes Across Yet Another DOS Attack

Ethereum is definitely heading towards trouble. The promising blockchain-based smart contracts protocol has been facing a lot of issues in the recent days, the latest one being yet another DOS attack.

A brief alert about the latest DOS attack was published earlier yesterday on Ethereum’s blog. The alert statement reads,

“URGENT ALL MINERS: The network is under attack. …a computational DDoS, i.e. miners and nodes need to spend a very long time processing some blocks. …due to the EXTCODESIZE opcode, which has a fairly low gas price but which requires nodes to read state information from disk; the attack transactions are calling this opcode roughly 50,000 times per block. “

Link (http://www.newsbtc.com/2016/09/23/ethereum-dao-attack-attack-platforms-credibility/)

It is better for the Ethereum to be attacked now so that the vulnerability will be reparied when the price is low.

Not only untill 2020 i think ETH don't have enough power to be in position of bitcoin anytime in future. ETH is fully centralized crypto right now and its clone ETC can easily take over all the features of ETH if more and more dev start developing for ETC.

The integration of SW into Bitcoin when successful will finally change the game for Bitcoin and even widen the gap between Bitcoin and Altcoins, If you want to write smart contract and Bitcoin can offer all Ethereum is offering majority will go for Bitcoin because of the track record and the DAO debacle did not cover Ethereum developers in glory

The DAO debacle is just the growth pain. There will be more growth pain in the future, for example, it is suffering from the DDOS attack.

That is very true. The Etheruem is just 1 year old. It is still in the very early stage of the big development.

I agree, but the problem with ETC it also derived the vulnerability of ETH from dos attack vectors which may result in more hardforks in the future. 

As long as the forks can solve the problem, it is still a good coin. Both coins are in early stage of development.

No i don't think Eth can become bitcoin replacement, we had witnessed eth being fork two times, I don't think there will be a lot of people want to invest in this coin anymore, if eth become the cryto coin leader and another fork is happening it will shake all of crypto currency market, so i think it is very dangerous to put eth as leader

For me I dont think eth will takeover bitcoin as I observed for
the past years still bitcoin is continoulsy increasing in the market.
Bitcoin is becoming a big hit in the market and increasing its demand.
Eth maybe will takeover if they have a new plan or project that will lead
or pass all of the cryptocurrency.

If you can do typewriter about the definition of the alternate coin on some reliable source in google, you may finding the others.
Even zcash with amazing starting rate are can't defeating bitcoin. the chairs of bitcoin are too strongly.

We all can give examples of altcoins with an amazing start, high hopes and expectations. Most of them are graveyard coins now.
Overhyped launch is name of the game here. Zcash is not any different it will soon find itself outside first league - yesterday Zcash'd price: $200; today's $173.

all of the altcoins all dying and the bigger their price have been the faster they are dying to day!

and ZCash in the living proof of this theory that i said. it started out with a price which was even more than bitcoin in a very short time and now the dying process is also fast.

Zcash isnt dying its just getting a reasonable price after this crazy hype.

The issue is the DOA has done such damage to the ETH brand and now ETC exists .... I am not sure how they could have more effectively shout themselves in the foot.

This is going to take a while to recover from but

also the threat of a lot of edge cases hold it back versus btc long legacy of performance,

that said BTC has had its hard forks on at least 2 occasions to be fair the overflow one and the block issue back in 2013...

It will be hard for ethereum to do so as bitcoin has sort of created a monopoly (it's top of the market). Bitcoin also has significantly more users. Ethereum will probably become the main altcoin.

That is right. The Bitcoin will be the number one coin for long time to come. Ethereum will be just one application.

every project is bound to have its flaws which are called bugs, and these things are found and fixed. about bitcoin this has been true about those forks and those were complete forks with consensus.

you cant compare it with ethereum fork which was without consensus (that is why it lead to existence of ETC) and it was not because of a bug! it is how ethereum works and if the whales had not lost money they would have never forked it.

I agree however, maybe if you could find a way of making people use Ethereum "against their will" then it will overtake Bitcoin. Maybe get George Soros and "MoveOn" behind it and put non users in FEMA camps.
One thing is for sure, I will resist using it if it costs me my life. I will burn all my money before i use ethereum again. It stands for everything that is wrong in the world. I will campaign for people not to use it and will do my best to get the message out to as many people as i can that it is just bad science.

You have to remember, most people that watch TV do not know how TV works. If a crypto goes mainstream the same will apply. My knowledge is not vast but bitcoin works for me and i use it everyday.

I don't "Hate" many things in my life: Satan, ISIS, the Clinton's (but only for funding the IRA that bombed my city when i was a child, we have forgiven the IRA now but not the Clintons) and Ethereum.  I love most other things.

Anyhow, no worries it's not even the top altcoin.  :D

You do realise you could easily switch eth with btc in the above statement and it'd work out just as well on your logic? They're both cryptocurrency and both are blockchain assets so it is a bit pointless to dismiss them that way.

But back to the topic, the question is perhaps far too simplistic: "Could ETH take over BTC?".

Assuming it's in popularity and percentage of overall crypto transacts, then personally, can't see it happening too quickly, if ever at all. BTC will almost always be the first currency used by newcomers and it would take a more serious user to consider the advantages/other aspects of using ETH.

Ethereum isn't a blockchain, its a database

You can say that to most crypto currencies.