BTC vs BTU will lead to Ethereum dominance.

[European Central Bank]

The only difference is that ETH seems to be led by more competent devs.

unified sure, what's more competent about them?

unified is proving to be just as important as competence of course.

[clickerz]

In my opinion, no altcoin can replace bitcoin as we can see it still and always on the top. Those issues will be washed out by the network improvements. Well my vote goes to ETH and not for the BTU clone. BTC can survive and will recover as it was already proven.

Yes, you are right bitcoin is facing network problem that's all. Issues will be solved once everything is setup with network improvements and also many people are mis propagating the news about the split of Bitcoin into BTU. But it cannot survive like Bitcoin in the market, it is same like ETC = BTU.

This is what I understand also and look at ETH now, it is still benefiting from btc dump. I mean, after this hard fork, bitcoin will still survive and I do believe it can regain its status also.Since it is hotly discussed right now, we will know if its already here being implemented.

But, @OP has also valid reasons and it is also possible for ETH dominance, look at many RETH contract projects, they are popular now. The ETH thing is in.

[HarringtonStark]

Nope. Bitcoin is tried and tested and it will still remain king among cryptocurrencies. Bitcoin is the popular currency in the Deep Web.

[mining1]

The only difference is that ETH seems to be led by more competent devs.

unified sure, what's more competent about them?

unified is proving to be just as important as competence of course.

What's more competent about them ? Bitcoin devs are trying to work on a bike, and failing to do so. ETH devs are working on an electric car, and are making constant progress.
I think @iamnotback said that bitcoin ( blockstream? ) has like ~170 devs. And they are working on and are trying to improve the simplest version of blockchain which is meant to be used as token transfer representing value. No added complexity, no dapps, contracts, no scaling, no privacy. And they are doing a horrible job.

Now, i don't care for what reasons they can't be succesful, for the potential investor it doesn't really matter. Fact is, it's stagnating for many years.

[chixka000]

I think that this crazy thing about btu or what was the chinese government is trying to do would not succeed. Tho i am really not a fan of eth i still dont think that it can dominate the market

[ANHEQIAO]

i think  BTU as a new alt if it gained dominance(a fork is much more likely) as would many other crypto enthusiasts.  BTC doesn't have the organizational structure to maintain #1 marketcap and prevent more major forks.

[Iranus]

Zcash will replace bitcoin.

Zcash's market cap as a percentage of Bitcoin is 0.38%.  Just because its circulation is less than a sixteenth that of Bitcoin you seem to think that the price is high, when in fact the actual value of its entire circulation is only about 63,000 Bitcoin.  So there's zero chance that Zcash will replace Bitcoin.

As for Ethereum, the market cap is 28.3% of Bitcoin.  This percentage is surprisingly echoed by its transaction volume, which is also more than a quarter of Bitcoin's.

However, I think that it's underestimated how much many Bitcoin users dislike centralisation - after all, decentralisation is arguably the greatest aim of Bitcoin, and while Ethereum mining is quite decentralised and GPU/CPU mining is still pretty much acceptable, its development is solely by a certain team and it is essentially in the hands of a small team, which doesn't say decentralisation like Bitcoin does and I think that people like to have a say, especially the sort of people who are likely to be into Bitcoin.

Therefore, the chance of Ethereum actually properly overtaking Bitcoin is pretty low.

[Kprawn]

No it wont. Like Bitcoin XT, I think BTU will almost be forgotten in a year, or maybe we will have some alt.

Bitcoin is tried and tested and almost safe and people will prefer their funds here than on some other fork.

Bitcoin has a weak organizational structure, and while some argue that this is a net positive, it really isn't.  The correct long-term decisions for the health of the BTC network are not being made quickly enough and this will lead to BTC power grabs and infighting over the decentralized network long after the BTC BTU debate is settled.  For this reason another coin will overtake BTC.

Spoken like a perfect Fiat slave with a centralized mindset. The idea with Crypto currencies were to free ourselves from the fiat system and to

give you the freedom to make your own choice and to be part of the decision making process. Now you want to go back to a "organizational"

structure with Presidents and staff admins at what not? Wow.... how fast have things changed, since I entered this scene. 

[Labumi]

well this is something that is hard to look for a solution. Because I see this problem occurs because there is a group that does want to do or look for fame or profit from development of the bitcoin, so as much as possible they want to take over the case and wanted to get a big advantage. Ethereum can indeed be compared best crypto bitcoin, but to become a crypto that have many enthusiasts need a lot of sacrifice in order to like bitcoin. Although not that dominating Influence ethereum bitcoin will be crushed and the price goes down
 

[FandangledGizmo]

ETH may surpass BTC in value but it won't be the store of value/ digital gold given the way they rolled back the DAO hack. At the same time neither will BTC if BU succeeds.

[willope]

No it wont. Like Bitcoin XT, I think BTU will almost be forgotten in a year, or maybe we will have some alt.

Bitcoin is tried and tested and almost safe and people will prefer their funds here than on some other fork.

Bitcoin has a weak organizational structure, and while some argue that this is a net positive, it really isn't.  The correct long-term decisions for the health of the BTC network are not being made quickly enough and this will lead to BTC power grabs and infighting over the decentralized network long after the BTC BTU debate is settled.  For this reason another coin will overtake BTC.

Spoken like a perfect Fiat slave with a centralized mindset. The idea with Crypto currencies were to free ourselves from the fiat system and to

give you the freedom to make your own choice and to be part of the decision making process. Now you want to go back to a "organizational"

structure with Presidents and staff admins at what not? Wow.... how fast have things changed, since I entered this scene.  

I'm more libertarian than 90% around here, as far as fiat goes I agree.  my point is democratization != decentralization, in fact the only way to preserve bitcoins decentralized nature is to have a benevolent dictator type... keyword benevolent, not a chinese coup

Ethereum has vitalik,

where is the Satoshi for BTC?

Well, there was Gavin, but core kicked him out.
There was Craig Wright, but he doesn't have the balls to continue to develop btc.
There is Dorian Nakamoto, he doesn't want to know anything about Bitcoin (anymore).
And there is Roger Ver, the only man in the Earth able to kill Bitcoin. And he is doing it.

[European Central Bank]

Well, there was Gavin, but core kicked him out.
There was Craig Wright, but he doesn't have the balls to continue to develop btc.
There is Dorian Nakamoto, he doesn't want to know anything about Bitcoin (anymore).
And there is Roger Ver, the only man in the Earth able to kill Bitcoin. And he is doing it.

man, that's not an inspiring collection of people.

as for dorian he got his free lunch and disappeared again. he's a cool guy but he's no crypto satoshi, simply a normal satoshi.

how many times has there been a genuinely benevolent dictator? the people vying for power now most certainly are not benevolent.

the only satoshi we could ever use is the real one. vitalik is also the creator. if anyone replaced him then expect much of the same problems.

[manyuta]

Well, there was Gavin, but core kicked him out.
There was Craig Wright, but he doesn't have the balls to continue to develop btc.
There is Dorian Nakamoto, he doesn't want to know anything about Bitcoin (anymore).
And there is Roger Ver, the only man in the Earth able to kill Bitcoin. And he is doing it.

man, that's not an inspiring collection of people.

as for dorian he got his free lunch and disappeared again. he's a cool guy but he's no crypto satoshi, simply a normal satoshi.

how many times has there been a genuinely benevolent dictator? the people vying for power now most certainly are not benevolent.

the only satoshi we could ever use is the real one. vitalik is also the creator. if anyone replaced him then expect much of the same problems.

Cryptocurrencies should have a method layed out upon launch of who and how controls the direction of the crypto-currency, so that it does not become centralized.  Maybe Decentralized autonomous orgs and AI can eventually help with this, a large weakness in crypto TBH.

There is some resistance to the crypto currency, and therefore it is very difficult to imagine that governments will decide to legalize crypto currency in this position. Very weak believe in it. Maybe I have not yet fully understood this matter, but I'm very interested in this.

[European Central Bank]

Cryptocurrencies should have a method layed out upon launch of who and how controls the direction of the crypto-currency, so that it does not become centralized.  Maybe Decentralized autonomous orgs and AI can eventually help with this, a large weakness in crypto TBH.

absolutely. it's the human element that is screwing things up and always will. if i was designing a coin now i'd go all out to make something that could accommodate as many future outcomes as possible from the off and then hang around to maintain it only.

[gadsden76]

Cryptocurrencies should have a method layed out upon launch of who and how controls the direction of the crypto-currency, so that it does not become centralized.  Maybe Decentralized autonomous orgs and AI can eventually help with this, a large weakness in crypto TBH.

absolutely. it's the human element that is screwing things up and always will. if i was designing a coin now i'd go all out to make something that could accommodate as many future outcomes as possible from the off and then hang around to maintain it only.

A 'coin constitution' of sorts.

[iamnotback]

Re: BTC vs BTU will lead to Ethereum dominance.

My analysis of your assertion.

[Zer0Sum]

Re: BTC vs BTU will lead to Ethereum dominance.

My analysis of your assertion.

Agree 100%, and put much better than I did.

Bitcoin is, at best, standing still...
DASH is just a Super-Bubble with low tx and few Devs...
Monero is an exotic one-tricky pony that will hit a wall when Ethereum integrates native zero knowledge anon.

That leaves ETH now sitting at 30% of BTC cap, just a stone's throw in CryptoLand...
With a sprawling ecosystem and Devs, Devs, Devs... one year from now ETH will be #1.

[Arcteryx]

Re: BTC vs BTU will lead to Ethereum dominance.

My analysis of your assertion.

Agree 100%, and put much better than I did.

Bitcoin is, at best, standing still...
DASH is just a Super-Bubble with low tx and few Devs...
Monero is an exotic one-tricky pony that will hit a wall when Ethereum integrates native zero knowledge anon.

That leaves ETH now sitting at 30% of BTC cap, just a stone's throw in CryptoLand...
With a sprawling ecosystem and Devs, Devs, Devs... one year from now ETH will be #1.

I certainly hope your right about this assumption of how the ethereum market will shape up in the next year with all the smart contracts being built up and the big banks looking towards it as a means to develop their own crypto ecosystem.
It looks to bee a burgeoning time for the alternative coins to bitcoin to come up with a way to become better to the end consumer with lower transaction fees and with the speed of those transactions being in the forefront of which one comes out on top and the other just fades away into the stratosphere as a distant memory of what could of been if only it was managed better than it's successor.

[mining1]

With the release of raiden in about 1-2 weeks the snowball effect may start sooner.

[Julianuella]

And crypto will be better off because of it.  Ethereum has a better network with more utility (contracts) and can do currency just like BTC.

And crypto will be better off because of it.  Ethereal should have  a better network with more utility (contracts) and can do currency just like BTC. But the advantage BTC cannot be over emphasized