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Author Topic: Will ETH overtake BTC in market cap?  (Read 3986 times)
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May 02, 2017, 11:32:48 PM
 #41

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

ETH TO THE MOON!!

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May 02, 2017, 11:39:38 PM
 #42

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 .

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May 02, 2017, 11:50:45 PM
 #43

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.
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May 03, 2017, 12:44:11 AM
 #44

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?
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May 03, 2017, 12:49:08 AM
 #45

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.
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May 03, 2017, 04:40:55 AM
 #46

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/
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May 03, 2017, 06:20:46 AM
 #47

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.
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May 03, 2017, 06:29:39 AM
 #48

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.
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May 03, 2017, 06:43:18 AM
 #49

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.



 

 

 

 

 

 


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May 03, 2017, 11:12:45 AM
 #50

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 Cheesy). 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.
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May 03, 2017, 11:49:32 AM
 #51

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.

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May 03, 2017, 01:55:02 PM
 #52

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.

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May 03, 2017, 03:32:23 PM
 #53

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.

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May 03, 2017, 04:14:42 PM
 #54

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.
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May 03, 2017, 04:48:13 PM
 #55

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.

Tongue

... please make an educated guess !
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May 03, 2017, 05:29:33 PM
 #56

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. 
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May 03, 2017, 06:07:22 PM
 #57

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.









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batang_bitcoin
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May 03, 2017, 09:23:18 PM
 #58

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 Cheesy). 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.



 

 

 

 

 

 


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StinkyLover (OP)
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May 03, 2017, 09:33:29 PM
 #59

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.

Tongue

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.
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May 03, 2017, 09:38:52 PM
 #60

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.
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