Will ETH overtake BTC in market cap?

[StinkyLover]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

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[BTCwriter]

No. I don't think it ever will, only impulse trader think so.

[StinkyLover]

No. I don't think it ever will, only impulse trader think so.

But the current trend says it will. Nothing to do with impulse or pragmatic trading.

[knircky]

No. I don't think it ever will, only impulse trader think so.

Your statement is interesting.

You state a blief and then attack others that do mot hold your belief calling them emotional. Logically however you do not show any reason why btc will stay above eth.

It looks to me like what you accuse others reflects on you actually. Maybe i am wrong. Can you state reasons why btc would always stay above eth?

[gadsden76]

It is highly probable that eth could overtake bitcoin.

[easypeasy]

hi folks,

bitcoin started as a currency to be used worldwide etc but has pretty much moved to a store of value now which is where i think its true calling is and will be in the future,  but what about ETH what is its value (so to speak) its neither a currency or a bitcoin style asset store so where does it value or worth come in, why are people paying $80 dollars a token etc

its a genuine question from a newish to the scene guy, i have some of both so not playing them off against each other, just wondered what the answer was

thanks

[edmundduke]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

The likelyhood of that happening is slim to none. And no, it will not happen at the end of the year, you know why ? Go look at some charts of what happens to Alts at that time.
There is value in ETH, but not enough to take over BTC's marketcap.

[NUFCrichard]

I also can't see it happening. 25% already seems overdone to me.
Which of these super applications are being used or will be used in a serious way in the near future?

The DAO was obviously a great success, I would possibly hold off in investing large amounts of money into a new DAO until I know that the smart contracts are water tight.

Otherwise we might end up with a few more ETX fork coins!

[nemgun]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I seriously doubt that Ethereum will ever be the equal of Bitcoin in term of marketcap, especially because of the direction taken by the users of ethereum.

google Ethereum tutorial, and see the results, you should have hundreds of examples and tutorials about smart contracts, nothing else, just smart contracts. Basically, Ethereum is brough toward smart contracts which leads to the specialisation of users.
I just wonder why the Ethereum ecosystem is so limited. Either the amount of block explorers, APIs, open nodes, the variety of tutorials, the lack HYIPs and investment programs.

Gambling isn't taken in count because it is easy to change this and use Ethereum.

The answer is simple, Ethereum isn't user friendly. Try to do something with ethereum without using a smart contract and you will see how it is hard to achieve, a lot of peopkle just drop it out.

There is also a big lack of support from the developers. They just answer about smart contracts, nothing else.

And this is from a personal experience.

ETC is even worse.

[bathrobehero]

No way.

It would be a sad day if it would ever happen.

I think Eth is way overpriced as is

[BTCwriter]

No. I don't think it ever will, only impulse trader think so.

Your statement is interesting.

You state a blief and then attack others that do mot hold your belief calling them emotional. Logically however you do not show any reason why btc will stay above eth.

It looks to me like what you accuse others reflects on you actually. Maybe i am wrong. Can you state reasons why btc would always stay above eth?

Adoption. Ethereum probably have 2 or 3% of Bitcoin adoptions. Like I said, Ethereum hype mostly base on impulse traders.

[klarki]

Most likely this will happen.
To this, there are all prerequisites.

[nemgun]

Most likely this will happen.
To this, there are all prerequisites.

It is strenge, could you please provide us with more details about your statement ? Because a lot of people here seriously doubt that Ethereum will ever get at the level of Bitcoin.

[StinkyLover]

No way.

It would be a sad day if it would ever happen.

I think Eth is way overpriced as is

Why would it be a sad day? Because BTC is heir to the throne??

I think maybe people on here are looking at this too technically. Thinking about code, wallets and trading.

Just look at the sheer number of dapps in development - http://dapps.ethercasts.com/

I agree in that I don't see why tokens being used as fuel on a blockchain should be so high in value, but that's the way it is. As those dapps start getting rolled out (and more get into development) the value will increase even more.

Be as pissed off as you want about it but over the next few years ETH is going to rise a lot.

Forget about it not being user-friendly. People will be using ETH without even knowing it. It will ONLY be used as fuel in the dapps. Users at home will NOT be using ETH wallets. They will only be using dapps that utilize ETH fuel.

[LoyceV]

There are literally HUNDREDS of apps now being written for it.

That doesn't justify tens of millions of dollars in market capitalization per app, especially if none of these apps has any real use.

[StinkyLover]

There are literally HUNDREDS of apps now being written for it.

That doesn't justify tens of millions of dollars in market capitalization per app, especially if none of these apps has any real use.

Your logic is way off if that's the way you choose to calculate (or justify) marketcap.

Using your logic, what should DASH or XMR or NEM be worth?

[John Titor]

Despite all the hype, ETH in it's current state is good for fuck-all; it is essentially just a rube-goldberg version of bitcoin, and none of the extra bells and whistles are really good for anything.  Now I won't say that it can't overtake bitcoin, but rather that in a rational and logical world it shouldn't; and as I'm sure we all know, those are two things that are often lacking in this world.

[StinkyLover]

Now I won't say that it can't overtake bitcoin, but rather that in a rational and logical world it shouldn't; and as I'm sure we all know, those are two things that are often lacking in this world.

Precisely. So (as they say) act like you know!

[mining1]

Whales are the cause of the recent btc pump. Whales simply can't exit at once without destroying the price, not a single one of them. So they are trying to pump btc, but pumps are getting weaker and weaker, because less and less greater fools are joining btc.
Why do i say greater fools ? Because btc currently can't work as peer to peer electronic cash, as defined by the white paper. It's slow and clogged with high fees.

It will be interesting to see eth's price at the end of june, two major events will happen by then. EEA official launch and metropolis update. Assuming no other major adoption news come randomly, like in the past 3 months.


Edit:

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

Depends. A project used as currency is much easier to build. But it still has to scale and optional privacy. And by scaling i mean real scaling, preferabely onchain. And no POW algorithm, it's horrible. It's only good for mining whales.

Now, currently we have currencies that do not scale. There's only privacy. So bitcoin to be complete, it really needs scaling and to get rid of POW.

Smart platforms like ethereum already work, but they need more adoption. More succesful projects deployed on. Many are still in beta, and software development is  known to be slow. Overall, a smart platform is much more valuable because currency projects will never be adopted at large scale, unless they're controlled or launched by governments.

[JeffBrad12]

I think it will.
it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I think it will grab more market capitalization. But in this time ethereum is growing so fast. But This time he's back around $70. The possible coin to take over the bitcoin is ethereum.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I don't think so, but seems smartcontract offering something different than the raw currency. As you can see if the raw has a lot of problems and it will never be resolved Too many collusion, politician, technical problems. The smartcontract just offering the successful to driven his fork.
But the market capitalization of ethereum will definitely not same with bitcoin.
ETH as equal with bitcoin? Will not impossible.

[SHAWN-MIDWAYS]

one thing is for sure is eth is among the best performing altcoins but in terms of market cap i don't seeing this happening as bitcoin prices keep surging but an eth etf approval could be the difference if ever it was considered

[BTCwriter]

No. I don't think it ever will, only impulse trader think so.

But the current trend says it will. Nothing to do with impulse or pragmatic trading.

Current trend says it time to dump Ethereum.

[nemgun]

Now I won't say that it can't overtake bitcoin, but rather that in a rational and logical world it shouldn't; and as I'm sure we all know, those are two things that are often lacking in this world.

Precisely. So (as they say) act like you know!

As long as ETH stays closed to my grand mother, he will never beat Bitcoin either in market cap or in adpotion. Ethereum is just not enough noob friendly.
I would like you to note something important about the market cap of Eth :
1    Poloniex   ETH/BTC    $128,753,000    $74.32    33.98%    Recently
2    Bithumb   ETH/KRW    $43,785,800    $76.35    11.56%    Recently
3    GDAX           ETH/USD    $33,186,800    $77.03    8.76%    Recently
4    Kraken   ETH/BTC    $22,763,900    $74.28    6.01%    Recently
5    Coinone   ETH/KRW    $21,537,300    $75.91    5.68%    Recently
6    Kraken   ETH/EUR    $18,631,600    $72.07    4.92%    Recently
7    Korbit    ETH/KRW    $16,135,600    $76.27    4.26%    Recently
8    Gemini   ETH/USD    $10,175,600    $76.00    2.69%    Recently
9    Poloniex   ETH/USDT    $9,592,930     $74.88    2.53%    Recently
10    Bitfinex   ETH/BTC    $9,191,480            $74.10    2.43%    Recently
11    Kraken   ETH/USD    $9,178,110      $72.90    2.42%    Recently

Considering this info, i just think that :
1- I am sure Poloniex is faking his volume of ETH.
2- Bithumb is cheating with KRW.
3- Kraken his infos doesn't have any logic for me.

Most of the volume is made with BTC KRW USD EUR USDT
1- ETH/BTC yes, this is normal
2- KRW ? seriously ? South Korea ?
3- USD and EUR ? but these exchanges and the developers are either Russians or Ukranians where is RUR ?

So i really believe there is a lot of money laundering here.
The miners are leaving Ethereum.
A lot of hyip leads to a lot of pump, sooner or later they will crash deep down because the longer the hyip is, the more expencive he is.

[StinkyLover]

As long as ETH stays closed to my grand mother, he will never beat Bitcoin either in market cap or in adpotion. Ethereum is just not enough noob friendly.

Does your grandmother know her IP address when she's online? Does she know how many amperes are flowing through her house and how much it cost to produce the current that she's using to watch TV? Has she ever played with her router??

What I'm saying is that the ethereum blockchain has the potential of becoming ubiquitous just like electricity or IP addresses. Most people don't care how they work as long as they do what they're meant to do. I doubt people will be using the TERRIBLE wallets! They'll be using dapps that utilize the ETH blockchain.

As for trading volume, I've heard it all before but nothing changes. Some people say BTC volume is all fake. Every coin and asset has it's detractors.

[mining1]

@nemgun polo doesn't fake volumes, it's just the biggest exchange out there. It's obvious they do pump altcoins from time to time, but it's not eth's case. Too big to be pumped by creating artificial volume.

[ya7ya]

As long as ETH stays closed to my grand mother, he will never beat Bitcoin either in market cap or in adpotion. Ethereum is just not enough noob friendly.

Does your grandmother know her IP address when she's online? Does she know how many amperes are flowing through her house and how much it cost to produce the current that she's using to watch TV? Has she ever played with her router??

What I'm saying is that the ethereum blockchain has the potential of becoming ubiquitous just like electricity or IP addresses. Most people don't care how they work as long as they do what they're meant to do. I doubt people will be using the TERRIBLE wallets! They'll be using dapps that utilize the ETH blockchain.

As for trading volume, I've heard it all before but nothing changes. Some people say BTC volume is all fake. Every coin and asset has it's detractors.

Yeah, dapps will make it easier for ppl to use eth. Also If ENS works this time around it'll provide a better user experience since ppl would be able to have human readable addresses like domains.

[n0ne]

In terms of market capital eth might take the lead based on the price increase that happening periodically. Recently price of ETH got a 100% growth unexpected. This has been described as an outcome of the debate going on the technology update of bitcoin functioning​.

[gredisgold88]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I prefer smart platforms instead of raw currency, because smart platform or devlopher must also have a good project.

[muddafudda]

Ethereum reached a level of just under $ 70 today, with its market capitalization surpassing $ 6 billion, while trading volume is close to that of bitcoin. The currency has been on a bullish trend since March, going from $ 12 to around $ 65, its last bullish wave was $ 50 to almost $ 70. The reasons for the increase may be numerous, with news of new projects coming up. There is also the Ethereum ETF that is being considered by the SEC. Gnosis, an ethereum-based forecast market has raised about $ 12 million.

[Denker]

Ethereum reached a level of just under $ 70 today, with its market capitalization surpassing $ 6 billion, while trading volume is close to that of bitcoin. The currency has been on a bullish trend since March, going from $ 12 to around $ 65, its last bullish wave was $ 50 to almost $ 70. The reasons for the increase may be numerous, with news of new projects coming up. There is also the Ethereum ETF that is being considered by the SEC. Gnosis, an ethereum-based forecast market has raised about $ 12 million.

That ETF won't get an approval! And I think in terms of Gnosis enough had been said in other threads.96% off the coins in the hands of the devs!Good luck with that!
Imo Ethereum is way overvalued at the moment and needs some serious correction.
And I also strongly doubt it will surpass Bitcoin.

[mining1]

Who decides wether or not it's overvalued ? You say that because you wanna get in but you think it's expensive. The price will stabilise itself at about 75usd for 2 weeks then the FOMO will begin again with the EEA presentation, projects build by giant companies, and more people will find out about ethereum.

Remember Wanxiang Blockchain Labs ? The ones who bought 500k eth early in it's life ? They will use it to build a smart city https://bitcoinmagazine.com/articles/chinas-blockchain-invasion/
Keep in mind that this kind of usage is so much more important than being accepted at shops were no volumes actually occur. Because of their volatility, people are not using public cryptos to buy things, but to speculate on. Bitcoin after 8 year is not even close to being used as peer to peer electronic cash, as defined by it's whitepaper.

[Ayers]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

but bitcoin is not going down either, but it's raising, bitcoin have the support of all country and some are regulating it like a currency how can ETH compete with this? ethereum also have a bigger supply which make the market cap more inflationary, if you want to compare ETH to bitcoin you need to compare the same total amount of coins, and ETH have 4x the one of bitcoin

[nemgun]

As long as ETH stays closed to my grand mother, he will never beat Bitcoin either in market cap or in adpotion. Ethereum is just not enough noob friendly.

Does your grandmother know her IP address when she's online? Does she know how many amperes are flowing through her house and how much it cost to produce the current that she's using to watch TV? Has she ever played with her router??

What I'm saying is that the ethereum blockchain has the potential of becoming ubiquitous just like electricity or IP addresses. Most people don't care how they work as long as they do what they're meant to do. I doubt people will be using the TERRIBLE wallets! They'll be using dapps that utilize the ETH blockchain.

As for trading volume, I've heard it all before but nothing changes. Some people say BTC volume is all fake. Every coin and asset has it's detractors.

You answered your question.

Now regarding Dapps, i really do believe that it won't ease the usage of Ethereum. The wallet is really hard to understand, i mean, the GUI should be more simple then what it is actually, or at least move most of the features to advanced mode and keep it as ismple as possible. That's what i mean when i say that my grand mother should be able to use it.

I am not a detractor, i used Ethereum when it was only CLI, when we had to use Eth and Geth to be able to mine, i even had a talk with Genoil about the possibilties of the different Nvidia GPUs for mining.
That was a long time ago, when Ethereum was great.
Later they decided to focus totally on Dapps and smart conracts, the thing is that it is now so much out of reach from common people that it is just a non sence for them to use it.

Also, just to teach you something about coins prices :
1- Devs are poor
2- Devs can't support a currencie's price because of 1
3- Eth's price isn't due to miners, because the miners sell, they don't buy.
4- Why would someone buy Ethereum ?

I would like to take more time talk about 4.
So, let's say that i have 10.000$, why would i buy them Ethereum ? What can it bring me that other cryptos can't provide me ?
Privacy ?
Stable price ?
Instant transactions ? for what ?
Passive income ?

[benthach]

As long as ETH stays closed to my grand mother, he will never beat Bitcoin either in market cap or in adpotion. Ethereum is just not enough noob friendly.

Does your grandmother know her IP address when she's online? Does she know how many amperes are flowing through her house and how much it cost to produce the current that she's using to watch TV? Has she ever played with her router??

What I'm saying is that the ethereum blockchain has the potential of becoming ubiquitous just like electricity or IP addresses. Most people don't care how they work as long as they do what they're meant to do. I doubt people will be using the TERRIBLE wallets! They'll be using dapps that utilize the ETH blockchain.

As for trading volume, I've heard it all before but nothing changes. Some people say BTC volume is all fake. Every coin and asset has it's detractors.

You answered your question.

Now regarding Dapps, i really do believe that it won't ease the usage of Ethereum. The wallet is really hard to understand, i mean, the GUI should be more simple then what it is actually, or at least move most of the features to advanced mode and keep it as ismple as possible. That's what i mean when i say that my grand mother should be able to use it.

I am not a detractor, i used Ethereum when it was only CLI, when we had to use Eth and Geth to be able to mine, i even had a talk with Genoil about the possibilties of the different Nvidia GPUs for mining.
That was a long time ago, when Ethereum was great.
Later they decided to focus totally on Dapps and smart conracts, the thing is that it is now so much out of reach from common people that it is just a non sence for them to use it.

Also, just to teach you something about coins prices :
1- Devs are poor
2- Devs can't support a currencie's price because of 1
3- Eth's price isn't due to miners, because the miners sell, they don't buy.
4- Why would someone buy Ethereum ?

I would like to take more time talk about 4.
So, let's say that i have 10.000$, why would i buy them Ethereum ? What can it bring me that other cryptos can't provide me ?
Privacy ?
Stable price ?
Instant transactions ? for what ?
Passive income ?

if they have simple wallet even your grand mother should able to use then it would kill their network instantly from the current people want to try out with all the dapps. they're still trying out many different paths of making this scalable. it would probably take just another 10 years before we will ever know if this thing is useful or broke. it is now almost 5 years seen ico and begin of coding, the hype is still strong.
nothing, people are just hype about this smart contracts thing which can be done with simple java.
https://en.wikipedia.org/wiki/Nick_Szabo

[nemgun]

As long as ETH stays closed to my grand mother, he will never beat Bitcoin either in market cap or in adpotion. Ethereum is just not enough noob friendly.

Does your grandmother know her IP address when she's online? Does she know how many amperes are flowing through her house and how much it cost to produce the current that she's using to watch TV? Has she ever played with her router??

What I'm saying is that the ethereum blockchain has the potential of becoming ubiquitous just like electricity or IP addresses. Most people don't care how they work as long as they do what they're meant to do. I doubt people will be using the TERRIBLE wallets! They'll be using dapps that utilize the ETH blockchain.

As for trading volume, I've heard it all before but nothing changes. Some people say BTC volume is all fake. Every coin and asset has it's detractors.

You answered your question.

Now regarding Dapps, i really do believe that it won't ease the usage of Ethereum. The wallet is really hard to understand, i mean, the GUI should be more simple then what it is actually, or at least move most of the features to advanced mode and keep it as ismple as possible. That's what i mean when i say that my grand mother should be able to use it.

I am not a detractor, i used Ethereum when it was only CLI, when we had to use Eth and Geth to be able to mine, i even had a talk with Genoil about the possibilties of the different Nvidia GPUs for mining.
That was a long time ago, when Ethereum was great.
Later they decided to focus totally on Dapps and smart conracts, the thing is that it is now so much out of reach from common people that it is just a non sence for them to use it.

Also, just to teach you something about coins prices :
1- Devs are poor
2- Devs can't support a currencie's price because of 1
3- Eth's price isn't due to miners, because the miners sell, they don't buy.
4- Why would someone buy Ethereum ?

I would like to take more time talk about 4.
So, let's say that i have 10.000$, why would i buy them Ethereum ? What can it bring me that other cryptos can't provide me ?
Privacy ?
Stable price ?
Instant transactions ? for what ?
Passive income ?

if they have simple wallet even your grand mother should able to use then it would kill their network instantly from the current people want to try out with all the dapps. they're still trying out many different paths of making this scalable. it would probably take just another 10 years before we will ever know if this thing is useful or broke. it is now almost 5 years seen ico and begin of coding, the hype is still strong.
nothing, people are just hype about this smart contracts thing which can be done with simple java.
https://en.wikipedia.org/wiki/Nick_Szabo

Yes, i always said that Ethereum is trying to reinvent the wheel. I noted also that a lot of users like the "data" param when creating a transaction. It is used to pass functions in the ethereum blockchain. What is funny here is that Bitcoin implemented that a long time ago. OP_RETURN transactions with messages, IDs, and other stuff stored in the bitcoin blockchain :
https://en.bitcoin.it/wiki/OP_RETURN
http://coinsecrets.org/

What Ethereum did is just creating an "interpreter" or "Compiler" to make code out of these informations and execute it, the Ethereum VM. It is the only real different i can see between BTC and ETH, the others are just params.

[toknormal]

Ether may or may not overtake BTC in marketcap, but if it does it'll be dead in the water before long because tech-stocks such as Ether are replaceable where monetary stocks are not.

In other words, its core value proposition isn't store of value, it's utility and there are plenty more where it came from that can fulfil the role (not to mention its very own fork).

[dwgscale11]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

Dude... No.  It will not.  Wake up man, you are in a 72 million premined shit coin (out of 91 million supply) who hard forked their values away.  Do you realize ETH is doomed to fail?

[J1mb0]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I agree.

Also, I don't think we are too far off seeing the combined Cap of all ETH tokens surpassing BTC.

[StinkyLover]

Ether may or may not overtake BTC in marketcap, but if it does it'll be dead in the water before long because tech-stocks such as Ether are replaceable where monetary stocks are not.

In other words, its core value proposition isn't store of value, it's utility and there are plenty more where it came from that can fulfil the role (not to mention its very own fork).

Good point but I don't think it'll be dead in the water. It could be the blockchain MySpace. First to the big market but always waiting to be bettered.

[vincentvincent]

if BTC doesn't get its act together (get over the 1mb block discussion) then everything is possible.

[jeremypwr]

Maybe many years down the line... But it has a lot of catching up to do!

ETH TO THE MOON!!

[coin-investor]

I don't know but it's much more easier to deploy and use bitcoin than eth token to me majority of my coins are pos type which uses bitcoin client wallet and as many more coming into crypto currency many will still prefer Bitcoin than eth .

[gribble]

I don't ethereum will takeover bitcoin in marketcap because ethereum has one big problem that doesn't be forgoten
(the hard fork bailout the dao) that was made people be fear made investments into ethereum,
 there are some people think ethereum is centralization coin, but let's we until ethereum goes to PoS because it needs time
to make analysis fundamental of ethereum.

[ASMR]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

hi. but you didn't know how it works ETH. how does the smart contract?

[sotoshihero]

All is possible but as of now, NO. There is a very big gap between the two cryptocurrency. But since Eth contract is popular now, time will come maybe when most Eth Token ICO become successful, their total may surpassed the bitcoin marketcap, still this is a possibility.

[StinkyLover]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

hi. but you didn't know how it works ETH. how does the smart contract?

https://www.ethereum.org/

[magneto]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I don't think that Ethereum will ever overtake bitcoin in its market cap, ever.

It is simply because the fact that bitcoin is the first cryptocurrency, it will always be known as the first cryptocurrency. No cryptocurrency has the reputation and age of bitcoin, simply none.

Also if you haven't noticed bitcoin market cap has grown considerably as well, from 10 billion USD to more than 22 billion right now. Bitcoin has more liquidity than bitcoin, bitcoin has way more users than bitcoin, and more "apps" that are built with bitcoin integration. I don't believe that just because you are able to build decentralized applications on Ethereum, will mean bitcoin will be overtaken.

[thepo1m]

I think there is a alot of great investment in Ethereum presently and allows any jack to come up and create a token from a thin air and turns to a millionaires, I think that is why there is a subplot to block SegWit because it will makes Ethereum outdated since it is more it built on the most secured network.

[batang_bitcoin]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I'm having two sides for this matter, it is possible because smart contracts are becoming popular nowadays. And I want to know what are those "hundreds of apps" are being written right now, could you give us some example of it? And for the not possible side, we know that Bitcoin is more popular and new investors will prefer the leading crypto which is obvious.

[StinkyLover]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I'm having two sides for this matter, it is possible because smart contracts are becoming popular nowadays. And I want to know what are those "hundreds of apps" are being written right now, could you give us some example of it? And for the not possible side, we know that Bitcoin is more popular and new investors will prefer the leading crypto which is obvious.

399 listed as of this morning. And these are all manually submitted (just like the good 'ol days of search engine submission ). There are apps that have not even been submitted to this list so the figure goes even higher.
http://dapps.ethercasts.com/

Take a look.

[stomachgrowls]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

Its possible but its not guaranteed or no one really does know about on whats ahead.ETH do really shows good percentage of growth when we are talking about its marketcap and i can say it do really progress but it would really be dependent on the community on where they would stand stronger. Overtaking bitcoin would really takes time for sure in my opinion.

[asriloni]

All is possible but as of now, NO. There is a very big gap between the two cryptocurrency. But since Eth contract is popular now, time will come maybe when most Eth Token ICO become successful, their total may surpassed the bitcoin marketcap, still this is a possibility.

This time ethereum has touched 1/3 of the bitcoin market capitalization. That's really fast in my mind and you must remember this just for some months.

There is a lot of the possibility for ethereum token will growth so fast to following the bitcoin market capitalization. I mean 1/2 of bitcoin market cap.

[hankyulpark]

I don't think that will happen in the near future, or probably never. BTC is still rising in value, and one of its main purposes is to be a "storage of value." ETH will change from PoW to PoS (which will severely decrease the new coin generation), and its primary goal is to be a way to pay for transactions in Ethereum Network (gas consumption), reducing its value.

[olubams]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

All the hype we are seeing in other alt including ETH is what I see as hype. The ETH is a fantastic idea which will go along way if the developers are giving it the necessary push and even may later be as an alternative to bitcoin but overtaking bitcoin is something that will not happen anytime soon. Bitcoin penetration has gone so deep that even people outside the forum and even much more than those in the forum know nothing about crypto other than bitcoin that alone is an edge for bitcoin over others.

[PanneKopp]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

Market cap is not real live use !

Eth never aimed to be a currency.

[camelson]

I don't think so. Although market capitalization of ETH increases quickly but when compared to BTC it is way behind so there is hardly any possibility for ETH to go pass BTC in market cap in near future. 

[peter0425]

It will not overtake bitcoin. Only chance that it overtook it is when bitcoin lover got tired of all this scaling drama and go on board buying ETH. But what are the chance of bitcoin investors going to ETH? none? slim maybe? ETH will still be behind bitcoin in terms of market cap and trading volumes. ETH is still way behind bitcoin in terms of market cap anyway so I doubt it will be the no. 1 crypto currency in the world.

[batang_bitcoin]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

I'm having two sides for this matter, it is possible because smart contracts are becoming popular nowadays. And I want to know what are those "hundreds of apps" are being written right now, could you give us some example of it? And for the not possible side, we know that Bitcoin is more popular and new investors will prefer the leading crypto which is obvious.

399 listed as of this morning. And these are all manually submitted (just like the good 'ol days of search engine submission ). There are apps that have not even been submitted to this list so the figure goes even higher.
http://dapps.ethercasts.com/

Take a look.

Thanks for providing the link mate and I've seen on how many those DAPPS are listed on that website and it keeps on increasing. So developers are manually sending their projects to that site. But still I don't think that will be enough to overtake bitcoin's market cap. Although that's a good development in ETH.

[StinkyLover]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

Market cap is not real live use !

Eth never aimed to be a currency.

I agree, and I don't think it should be. ETH is meant to be used as a transaction fee for smart contracts. It's not meant to be used as a currency. But all it takes is one major merchant to say, and advertise, that they accept ETH and then suddenly it's a currency. Stranger things have happened.

[jpoker272727]

I think it will.

it's up to 25% of BTC marketcap and doesn't look like it's going to slow down. There are literally HUNDREDS of apps now being written for it. It wouldn't surprise me if it happens towards the end of the year.

I suppose the general question is "Are smart platforms more valuable than raw currencies?"

Ethereum price needs to be around $300 per ETH in order to be equal to current bitcoin market cap, but it's not impossible.

That's around x4 that ETH price should be but it will take time and probably up to few years from now.

[nemgun]

I invite you to check this website for all market cap informations, they aggregate informations from 366 data sources, i discovered them today and they offer great informations : https://cryptolization.com/ethereum
chart top-right : Bitcoin market cap
chart mid-right : ethereum market cap

At the time of posting, Eth: 7$b | Btc: 24$b

Ethereum's market cap still needs a lot of investments to catch Bitcoin's cap.

[StinkyLover]

I invite you to check this website for all market cap informations, they aggregate informations from 366 data sources, i discovered them today and they offer great informations : https://cryptolization.com/ethereum
chart top-right : Bitcoin market cap
chart mid-right : ethereum market cap

At the time of posting, Eth: 7$b | Btc: 24$b

Ethereum's market cap still needs a lot of investments to catch Bitcoin's cap.

Yes, I like that site. It should be more popular than it is right now.

[Nascor]

it will sooner or later

[eaLiTy]

No. I don't think it ever will, only impulse trader think so.

But the current trend says it will. Nothing to do with impulse or pragmatic trading.

One thing is evident Vitalik Buterin is doing a good job promoting it traveling all over the world and he has a target on reaching the Asian countries as he knows that the big business lies in Asia but is it really gaining momentum to take over bitcoin,it is just a dream now and you can speculate as much as you want,but the fact remains that it is miles away to compare the two.

[bustedsynx]

Very possible as Ethereum has more use cases than Bitcoin.

[angaper]

Yes, I also think it is very likely to see that event in next months, especially if the bitcoin ecosystem suffers a great collapse because of its well known issues to solve. Few months ago the bitcoin dominance meant almost 90% of the market capitalization, but nowadays has drastically dropped to 55%!!!

[maku]

it will sooner or later

No it won't.

They only viable way for ETH to catch up with bitcoin would be situation where bitcoin development would be halted, scaling issues never addressed.
In short: if current idiocy of supporting Bitcoin Unlimited will continue for years then ETH will have chance.
But in the moment we will have SegWit and Lightning Network operational, BTC will be complete.

[sotoshihero]

NO. Bitcoin gone too far and ethereum is catching up but I think it will take much longer if ever it will happen. It is very possible that al ETH token contract can surpassed bitcoin maybe if all that token value is combined but not at present.

[NoiseBoy]

Yes. Next question?

[ikiaozora]

that will not happen, Seeing BTC most popular then ETH. BTC many used by countries in the world and Bitcoin will continue to grow more and more.

[findingthemoon]

Perhaps, the thing is ETH seems to be riding btc's wave (or is btc also riding ETHs wave?), however if the scalability issues get resolved on bitcoin it will surge in way ahead of ETH. Not because it offers more but because its first, everyone even the average person knows what bitcoin is but not ETH. That could quickly change if btc fails to innovate, especially when ETH can do more.

[ASMR]

https://www.ethereum.org/

thank you, friend. I will be studying.

[JeffBrad12]

NO. Bitcoin gone too far and ethereum is catching up but I think it will take much longer if ever it will happen. It is very possible that al ETH token contract can surpassed bitcoin maybe if all that token value is combined but not at present.

What do you mean about "all that token value is combined"? Looks strange for me, The smartcrontract offering different advantages for the users. This about the competition for convinced of the users.
If the bitcoin blocks can't get resolved and it will become a doom for bitcoin itself.
More adoption can't come to its mother of crypto. I can say more try to adopt another coin with huge potential such as ethereum itself. Ethereum doesn't need to be combined value.

[robelneo]

it will sooner or later

No it won't.

They only viable way for ETH to catch up with bitcoin would be situation where bitcoin development would be halted, scaling issues never addressed.
In short: if current idiocy of supporting Bitcoin Unlimited will continue for years then ETH will have chance.
But in the moment we will have SegWit and Lightning Network operational, BTC will be complete.

I think this is the only thing needed to shut down ethereum from reaching Bitcoin status or overtake it the sooner it is implemented the sooner this will happen,altcoins are moving to catch Bitcoin because of these issues.

[nemgun]

it will sooner or later

No it won't.

They only viable way for ETH to catch up with bitcoin would be situation where bitcoin development would be halted, scaling issues never addressed.
In short: if current idiocy of supporting Bitcoin Unlimited will continue for years then ETH will have chance.
But in the moment we will have SegWit and Lightning Network operational, BTC will be complete.

I think this is the only thing needed to shut down ethereum from reaching Bitcoin status or overtake it the sooner it is implemented the sooner this will happen,altcoins are moving to catch Bitcoin because of these issues.

There is a point on which i agree with BU guys, Bitcoin core needs new features. Actually smart contracts is the most demanded features, but there are many things that be added on the Bitcoin blockchain.
Some of you may know about OP_RETURN sigop, this is what is used by counterparty and omnilayer to create assets bound to bitcoin addresses. Not only this sigop but it is a part of their solution. This is the way Bitcoin stores informations, so anyone can store messages, functions and things on bitcoin blockchain. The difference is that you can't execute it directly from the blockchain. you can retrieve it, parse it (because it is saved in HEX format) change it, and then work with it.

At least the basics for such features are aleready implemented.

Now regarding Ethereum, he will never overtake Bitcoin because it is not unique, there are a bunch of other projects who are implementing smart contracts on their chains which is the main HYP argument for Ethereum.