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.