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Author Topic: Is Ethereum a threat to BTC???  (Read 14288 times)
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August 29, 2017, 05:28:20 PM
 #341

I agree with Shyliar what Bitcoin Cash has done is inexcusable. But now whats done is done lets see what materializes in the next couple weeks and months.

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August 29, 2017, 05:34:40 PM
 #342

I don't think Etherreum will catch up bitcoin one day. It's the first, not perfect but il will remain a solid value in the cryptocurrencies world.

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August 29, 2017, 10:02:43 PM
 #343


ethereum is not a threat to bitcoin. I think new adopters of BTC will grow faster than the convertors from BTC to Eth. Plus I don't think that is possible to Etherum to take the leading position one day.

I don't know why people keep on putting ethereum and bitcoin at the same stage. Bitcoin will never be replaced by any fast growing alt coin. Alt coins will be on the second thought by everyone. Bitcoin will be the main stage of crypto currency and I can't see any threat from other alt coins as well because this is the main crypto coin.
I have no argue about that. Both are built on different platforms. BTC is an amazing investment, but you need a ton of money to see something difference. In another case, ethereum a growing platform. One of the biggest evident reason is most of the ICOs are on the basis of ethereum. which through for sure that you are going to make good profit 10x more than BTC even very short time. But, Bitcoin always mother of all altcoins for sure.
Yeah ETH is successful because of the smart contracts and each ICO's or tokens are basing on it's platform. But it doesn't matter at all, why? Because it's still helping to pump bitcoin's demand, you'll have to buy those tokens or join those ICO's with bitcoin and that's why it's affecting bitcoin but in a positive way and it's not a threat.

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August 29, 2017, 10:48:04 PM
 #344


ethereum is not a threat to bitcoin. I think new adopters of BTC will grow faster than the convertors from BTC to Eth. Plus I don't think that is possible to Etherum to take the leading position one day.

I don't know why people keep on putting ethereum and bitcoin at the same stage. Bitcoin will never be replaced by any fast growing alt coin. Alt coins will be on the second thought by everyone. Bitcoin will be the main stage of crypto currency and I can't see any threat from other alt coins as well because this is the main crypto coin.
I have no argue about that. Both are built on different platforms. BTC is an amazing investment, but you need a ton of money to see something difference. In another case, ethereum a growing platform. One of the biggest evident reason is most of the ICOs are on the basis of ethereum. which through for sure that you are going to make good profit 10x more than BTC even very short time. But, Bitcoin always mother of all altcoins for sure.
Yeah ETH is successful because of the smart contracts and each ICO's or tokens are basing on it's platform. But it doesn't matter at all, why? Because it's still helping to pump bitcoin's demand, you'll have to buy those tokens or join those ICO's with bitcoin and that's why it's affecting bitcoin but in a positive way and it's not a threat.

Therefore I believe that both coins will be closely united and accompanying among them in the long road that still has to run the altcoin market to consolidate as valid and reliable options for the exchange of goods and services as well as the store of value.

I also think that if Ethereum was destined to displace the bitcoin from its hegemonic place this would have already happened and we should be watching the decline of the price of bitcoin in favor of the price of ethereum, which is not happening nor seems to happen at least in the medium term.
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August 29, 2017, 11:51:15 PM
 #345

I'd say definitely yes but only with one doubt which is the immaturity of the solidity language which is kinda prone to attack as we've recently witnessed a few and even from Ethereum themselves. Terrible! But still have no idea if apps using the clone version of the Bitcoin code have ever been hacked or attacked before or something. I'm not sure, though Sad
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August 30, 2017, 05:20:47 PM
 #346


ethereum is not a threat to bitcoin. I think new adopters of BTC will grow faster than the convertors from BTC to Eth. Plus I don't think that is possible to Etherum to take the leading position one day.

I don't know why people keep on putting ethereum and bitcoin at the same stage. Bitcoin will never be replaced by any fast growing alt coin. Alt coins will be on the second thought by everyone. Bitcoin will be the main stage of crypto currency and I can't see any threat from other alt coins as well because this is the main crypto coin.
I have no argue about that. Both are built on different platforms. BTC is an amazing investment, but you need a ton of money to see something difference. In another case, ethereum a growing platform. One of the biggest evident reason is most of the ICOs are on the basis of ethereum. which through for sure that you are going to make good profit 10x more than BTC even very short time. But, Bitcoin always mother of all altcoins for sure.
Yeah ETH is successful because of the smart contracts and each ICO's or tokens are basing on it's platform. But it doesn't matter at all, why? Because it's still helping to pump bitcoin's demand, you'll have to buy those tokens or join those ICO's with bitcoin and that's why it's affecting bitcoin but in a positive way and it's not a threat.

Therefore I believe that both coins will be closely united and accompanying among them in the long road that still has to run the altcoin market to consolidate as valid and reliable options for the exchange of goods and services as well as the store of value.

I also think that if Ethereum was destined to displace the bitcoin from its hegemonic place this would have already happened and we should be watching the decline of the price of bitcoin in favor of the price of ethereum, which is not happening nor seems to happen at least in the medium term.

It is why bitcoin will not be threaten with ETH or any other alt coins. The fact that many are relying to ETH and keeps on spreading FUD that says "ETH will replace bitcoin", "ETH is the new btc", "ETH is a threat to btc?" these are being brought up because of many projects that are being consolidated with ETH but they are not noticing bitcoin's growth.

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August 30, 2017, 05:41:03 PM
 #347

I think ethereum will surpass bitcoin sometime in the next 3-5 years, imagine if you could have pegged a market value to TCIP in in the early-mid 1970s. Bitcoin will still crush banks though XD

Can't snort crack through a rolled up bitcoin Wink
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August 30, 2017, 05:56:38 PM
 #348

i always think its funny when a BTC maximalist tries to sell BTC's broken governance as 'immutability' and 'store of value'.  what happens when a quantum computer comes out that breaks bitcoin's POW algorithm and BTC needs to upgrade?  lack of governance is a bug, not a feature.

yes, ethereum is a threat to bitcoin.  its faster, cheaper, and it's got working governance.
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August 30, 2017, 06:43:47 PM
 #349

As they both  have different platform so, I don't think that Etherium is a threat to Be,, But as Etherium price is increasing so it is possible to reach the BTC value and even cross it
No that is never going to happen people were speculating with that possibility for quite some time and now look where the two coins are bitcoin is so far away from ETH that the possibilities of ever reaching bitcoin have gotten lower and all of this happened in a matter of weeks.
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August 30, 2017, 07:24:53 PM
 #350

As they both  have different platform so, I don't think that Etherium is a threat to Be,, But as Etherium price is increasing so it is possible to reach the BTC value and even cross it
No that is never going to happen people were speculating with that possibility for quite some time and now look where the two coins are bitcoin is so far away from ETH that the possibilities of ever reaching bitcoin have gotten lower and all of this happened in a matter of weeks.
Why impossible? I think if Bitcoin have problems, Ethereum community will take advantage that opportunity for pump it's price to the to moon, even pass the total marketcap is possible (I do not think Ethereum can pass price of Bitcoin, because the total marketcap of Etherereum in that future will be very high and not reasonable).
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August 30, 2017, 07:28:15 PM
 #351

It's not a threat both can co-exist together. Ethereum and Bitcoin have very different purposes, whether Ethereum might pass out bitcoin in marketcap is less certain but possible!

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August 30, 2017, 08:06:22 PM
 #352

Ethereum will not replace Bitcoin but it will pursue its current role: be the central and driving platform of the smart contract technology.
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August 30, 2017, 09:42:04 PM
 #353


The difference in market growth is what drives some people to suggest that Ethereum quickly become the biggest rival.
Bitcoin for the top spot in the crypto world in Crete.

Actually, Bitcoin's age may be a barrier and even sparked a debate about how to measure Bitcoin's network in order to accommodate the rapidly growing pool of Bitcoin users and transactions get very hot.
With Bitcoin still relying on many of the original codes, other cryptocurrencies can take into account the traps that Bitcoin experienced when developing their own systems.
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August 31, 2017, 06:54:03 PM
 #354

I think maybe it is a yes but i don't consider the "ethereum" as a threat although i support the ethereum too.these two cryptos will help not us but also the blockcgains system the reason why is by the help us this two cryptos other people will notice of its existence on every people on the planet. We are currently living on the cryptos world so let settle that they are no good or bad crypto currencies it just how you will use it
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August 31, 2017, 06:56:23 PM
 #355

that's two different things, we don't have smart contract in btc
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September 01, 2017, 08:14:58 AM
 #356

Ethereum is a threat to Bitcoin's supremacy, though its different attributes mean it will probably not replace it.

Ethereum is not meant to be an electronic cash but bitcoin is.

I'm pretty sure the line has changed to Bitcoin now being a settlement layer, rather than e-cash. I wonder what it will be changed to next?  Grin

I don't think the line has change to bitcoin, because as you can see bitcoin still the strongest digital currency in this industry. And still only bitcoin has a big establishment in bitcoin community worldwide. So, How come that Ethereum is a threat into bitcoin?
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September 01, 2017, 08:42:18 AM
 #357

Ethereum will not replace Bitcoin but it will pursue its current role: be the central and driving platform of the smart contract technology.

Yes, ethereum can not replace Bitcoin. But the successor still seems to take a long time, because we know bitcoin as digital currency or its parent coin, so it could be bitcoin will go down but it took a few decades back. It may be hard work to be able to compete with bitcoin because bitcoin is very popular right now, starting from the price and usage every day. I think for this year no one can replace bitcoin position.
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September 01, 2017, 08:51:46 AM
 #358

Ethereum will not replace Bitcoin but it will pursue its current role: be the central and driving platform of the smart contract technology.

Yes, ethereum can not replace Bitcoin. But the successor still seems to take a long time, because we know bitcoin as digital currency or its parent coin, so it could be bitcoin will go down but it took a few decades back. It may be hard work to be able to compete with bitcoin because bitcoin is very popular right now, starting from the price and usage every day. I think for this year no one can replace bitcoin position.

I do not think anyone will be able to replace bitcoin, because if eth gets higher, bitcoin will be affected by the exchange trend, some exchanges markets start using eth to pair with fiat, this is their serious step to ready to shift bitcoin in the future, but will not affect bitcoin volume.


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shamzblueworld
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September 01, 2017, 09:01:37 AM
 #359

There is no threat to BTC, no alt can even come close to being a threat to Bitcoin. People who claimed BTC Cash will be a competition, are not to be seen anymore because there is no competition, Bitcoin has emerged a giant now. And its gonna keep growing. All else are just alt for people to trade for pump and dump.
FrueGreads
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September 01, 2017, 09:45:27 AM
 #360

There is no threat to BTC, no alt can even come close to being a threat to Bitcoin. People who claimed BTC Cash will be a competition, are not to be seen anymore because there is no competition, Bitcoin has emerged a giant now. And its gonna keep growing. All else are just alt for people to trade for pump and dump.

I don't see Ether as a pump and dump coin, it already has real value, but I don't see it as a threat to BTC either. To be honest I don't think Ether is that similar to BTC, and that's probably why it's having some success, it actually tries to offer something new, and it's not just another "clone".
I still see a lot more potential to BTC though, specially when the lightning network gets implemented. I mean, almost instant tx, very low fees, impossible to know who is participating in the transaction, trustless exchange. I like Ether, but BTC has to much potential, so I don't see ether as a thread.

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