Bitcoin may not be number one for long

[inck]

Remember that the most valuable things are not always the best. There are many competitors that are even better - but they are not well-known.

[lighpulsar07]

Indeed, bitcoin may not be number one sooner or later if the scaling solution will implemented soon. the blockchain is congested because of either spam attacks or increasing users of bitcoin making the transactions per day increases significantly. If this continues maybe the ethereum will surpass bitcoin by terms of market capitalization

[freebutcaged]

Sure mate when 50M ETH suddenly dumped on you all and a few billions in dollar were cashed out by a giant anonymous whale then you will get it.

Market share of ETH can reach double the market share of Bitcoin because there are 90M+ ETH while only 16M+ BTC exist. no one could stop them

From forking ETH and no one will be able to stop them if they suddenly decide to fork it again, I wonder what would happen when smart contracts

And SW+LN is activated on Bitcoin? you think ETH will even worth a buck after that?

[Alex_He]

Ethereum has a brighter future

[European Central Bank]

if bitcoin splits then the main thing it has going for it is over.

i don't believe eth is in direct competition with it, it's totally different, but that doesn't mean it won't absorb the same money.

however i also think something better will come along. this is still the earliest of days.

[Heyyyrenz]

Yes there's a possibility that it will happen but i think it will take a lot of time before other cryptocurrencies (altcoins) surpass the bitcoins. The etherium is one of well known altcoins and the price is startig to rose up but i think it will take time to surpass bitcoins because in the market there is no such thing as fixed price sometimes it goes up and down no one knows maybe after a second the price will changed well thats what markets do.

[jpoker272727]

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

Ethereum is taking gradually the bitcoin place even though we are not noticing it.

Eth price is getting increased and has been doubled within a week, the transaction fees are very cheap comparing to bitcoin, the confirmation time is much faster etc etc.

[Janation]

Ethereum has a brighter future

With it's network split the last time, it became a popular digital currency after that. We can't deny that it have a good future, but, bitcoin will be bitcoin, it is still the original and where people used to it. Bitcoin may need an improvement, but even though, bitcoin is still at the top of crypto currency.

[1Referee]

Ethereum is taking gradually the bitcoin place even though we are not noticing it.

We aren't noticing this because it isn't happening.

Eth price is getting increased and has been doubled within a week, the transaction fees are very cheap comparing to bitcoin, the confirmation time is much faster etc etc.

Just because its price has increased, the overall transaction fees are lower and faster, you think Ethereum is taking over? Look at the general network usage that Ethereum experiences right now, it has gone up, but that's only due to the hype/bubble that it is going through. It's just people sending coins back and forth, from and to their exchange. It's all hype related, and has not much to do with actual usage.

[Denker]

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

Passing Bitcoin in terms of what? Usage? Definitely not!
Marketcap? Ridiculous metric as almost everybody here knows!Especially when Ethereum's own real use case is ICOs to sustain the actual growth.
And a split in Bitcoin will not happen. I know there's lots of FUD out there, but it won't happen.
Even if it should, the legacy chain without SegWit won't survive for long.

[CraigWrightBTC]

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

No i don't agree with bitcoins not be number one for long time, because many comunity of bitcoins had trusted in bitcoins
than ethereum, the security of bitcoins blockchain is more safe than ethereum,
we know about the Dao baillout hard fork, it made ethereum has becomed​ two chain ETH and ETC
 so the security is bad on ethereum's blockchain.

[Sidas_Crew669]

Competition is good for business but ethereum is far from dethroning bitcoin because the future does not guarantee its gain in value and eth network has not been fully tested and loaded to see how well it will hold up. If only btc transactions with low low fees could not be broadcast on the network am sure this scalability problem would not have happened.

Basically, a technology will surely experience a renewal of customizing at the time they are going through. So also with the digital currency, if in the future the bitcoin or all other currencies can not follow the development of the era will surely decline and most likely could have suffered destruction if no renewal to sustain all of the desired needs of the era. So, this is all about the updates that are appropriate and suitable
 

[DGulari]

Remember that the most valuable things are not always the best.

What the hell kind of stupidity is that?

[Xester]

Competition is good for business but ethereum is far from dethroning bitcoin because the future does not guarantee its gain in value and eth network has not been fully tested and loaded to see how well it will hold up. If only btc transactions with low low fees could not be broadcast on the network am sure this scalability problem would not have happened.

Basically, a technology will surely experience a renewal of customizing at the time they are going through. So also with the digital currency, if in the future the bitcoin or all other currencies can not follow the development of the era will surely decline and most likely could have suffered destruction if no renewal to sustain all of the desired needs of the era. So, this is all about the updates that are appropriate and suitable
 

Yes I agree but maybe not so soon.  Bitcoin now is the basis of all alt coin price.  And it is hard to think that bitcoin will be wasted just because of new development in technology.  Maybe the maker, or institution that made the bitcoin will do some upgrade.  But what you said could happen if the bitcoin developer will allow bitcoin to be gone.

[RodeoX]

Well... ETH is a different animal. It does not have the qualities that I require in a coin and so I won't be using it at any price. One day I fear the ETH owners are going to monkey with the code and then people will figure this out, albeit too late.

[BitHodler]

Remember that the most valuable things are not always the best.

What the hell kind of stupidity is that?

Don't try to hammer down on someone just because you don't understand what he is referring to.

Directly said ~ he meant that if altcoins have a higher market cap than Bitcoin, it doesn't automatically make them any better in terms of security, features, usage, and the list goes on.

Just look at how many coins have surpassed Bitcoin's market cap already, it says absolutely nothing. In case of Ethereum, its usage is purely speculative.

95% of the people there don't care about Ethereum's gimmick features. Why? Because they are there just for the quick gains, and nothing more. Today it's Ethereum, next year they move to something else.

[Docnaster]

Why not? bitcoin will likely be on the top for the foreseeable future, I have only ever BTC be eclipsed by another cryptocurrency once, and that was when Zcash was first released and there was unbelievably hype. Somebody actually bought a single ZEC for around 3,300 BTC, the horror.

I do actually believe there are other coins in the pipeline that have the potential to overthrow Bitcoin, though I do still think it is unlikely. Bitcoin was the first, and often the first monopolizes the market, as with most technologies. Why do you think there are only two major CPU manufacturers, Intel/AMD.... Because they were the FIRST.

[inck]

Remember that the most valuable things are not always the best.

What the hell kind of stupidity is that?

Let me explain. Let's take a look at search engines. There were many of them back than and Google was clearly not one of the best. It was not the fastest and it hasn't provided the best results. But it was best known and spread fast. Same with bitcoin imho. There are other cryptocoins and there are definitely better ones. But as long as bitcoin is the best known and gains popularity, it will be the most valuable one.

[thesavoyard]

Why not? bitcoin will be always on the top since the bitcoin will be successful bitcoin will be on the top no matter what happens also ethereum is just an alternative coin ever since ethereum will never be on the for sure ethereum is the secondary or following bitcoin steps and never be defeat bitcoin for the pricing.

You should narrate animé, you make as much sense.

Etheream has nearly caught btc in market cap. It could pass it this week. Whether or not it will stay there remains to be seen. But you can bet the days where btc is needed to buy and sell other coins are nearly over. You can already buy Dash and etheream directly.

[BitcoinzB]

Why not? bitcoin will be always on the top since the bitcoin will be successful bitcoin will be on the top no matter what happens also ethereum is just an alternative coin ever since ethereum will never be on the for sure ethereum is the secondary or following bitcoin steps and never be defeat bitcoin for the pricing.

You should narrate animé, you make as much sense.

Etheream has nearly caught btc in market cap. It could pass it this week. Whether or not it will stay there remains to be seen. But you can bet the days where btc is needed to buy and sell other coins are nearly over. You can already buy Dash and etheream directly.

Hey, why would it be worth for btc holders to jump into ethereum? To me it looks like a big bubble about to explode, it can't keep going up, or at least I can't see the reason
I read that fees are lower and it's a young project, anything else to convince me?