Bitcoin may not be number one for long

[deisik]

Look at the market cap chart and we will see what are happening in the cryptoworld:
 Bitcoin   $43,680,739,080   
Ethereum   $36,937,571,409
So basically, ethereum almost has the same market cap as bitcoin. Soon, it will surpass bitcoin if bitcoin can not make something big and significant in order to change the blocksize

These figures can fool only the naive

You should look at how many dollars have been actually poured to change that market cap for 1 unit (say, 1 billion dollars). For example, if it takes the same 1 billion dollars for Bitcoin and only 1 million for Ethereum, you can safely discard these numbers as completely irrelevant and non-representative. The market cap would have a meaning in such and similar comparisons only if its change required the same amount of fiat invested. Otherwise, this is no more than trickery not very far from open deceit at that

[foxbat]

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.

Many people think that bitcoin is dumpy, they think bitcoin is the strongest coin and it will always overwhelm all other coin, however, in fact, they are wrong, bitcoin gets stronger because It has many advantages over other currencies, the advantage of time has made it exist as a king. But it is gradually losing its edge, so many other currencies are growing out, ETH is the best example, and it can pass bitcoin at any time.

[batang_bitcoin]

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.

Just because Ethereum's price is rising and there are a lot of smart contracts awaits? Not all the time crypto currencies are on hype and will always be at the ceiling. Don't forget that there are a lot of spikes and problems bitcoin passed before and it became strong up til' now. I will stand that bitcoin will always be the number one, people will still choose decentralization.

[OVOBTC]

Regardless of what Altcoins die-hard fans do, BTC will remain number 1 in value and in use, if you make an awkward status to show BTC as second in something then that doesn't mean BTC is second in anything.
As the first and most efficient despite many hurdles and issues along the way, compared to ETH that has already been forked once, I know where I'll keep my money "BTC!".

[bearex]

True to the OP! The dominance is weaker every week, and the market cap of Etherium is steadily rising towards BTC. It has also gained quite a lot of popularity (ETH), so it is starting to catch up with Bitcoin even on that. Plus the general use of Etherium is better than BTC's.
I also think people started searching for alternatives due to high fee on Bitcoin network, which is insane, especially if you send lower amounts of money(BTC), and it can be something outrageous like 10% fee (when sending about < $10 ).

[chineseprancing]

I was not expecting that because when days, months or years passed I think no. 1 spot is not only for bitcoin. Also, there's a lot of coins should be develop and I think one of this coins breaks title given to bitcoin.

[bit-tard]

Bitcoin is and will still be number one for a long time, even the current coins that look promising like ETH and Monero are very unlikely to take it's place right now, considering their prices as well as actual use is very much less than BTC regardless of their rise of price due to speculation.

[YuginKadoya]

I was not expecting that because when days, months or years passed I think no. 1 spot is not only for bitcoin. Also, there's a lot of coins should be develop and I think one of this coins breaks title given to bitcoin.

There is really a lot of coins out there but all of it doesn't really take a chance in bitcoin even if the Marketcap of some coins are larger than bitcoin, it is surely not enough for some alt's to surely take bitcoin place because the price was truly amazing right now, but in the impending split we can not sure what will happen I might say that let's just be ready for it I might sell my bitcoin when that happen! sad!

[amacl1n]

just because Ethereum is rising in value that high and Komodo is rising etc... does not mean these coins are capable of taking btc place yet. with the exception of Ethereum most of these other coins are mainly just valued against btc showing how less important they are.

[Scorpion]

It doesn't really matter for most Bitcoin enthusiast. Bitcoin and Ethereum compliment each other, the bigger the crypto space grows the better it is for Bitcoin. Both can co-exist and both can get better because of each other.

[stomachgrowls]

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.

Summer? How did you know? How sure you are? We did saw Eth progress as of now and we can really say that it might surpass bitcoin,possibilities are there but still can be sure if it would really be done or not.Lets just see on the progress.Bitcoin is still number one as of now even it experience scale and fee problems. People will still love it no matter what.Not for anyone but most people does.

[Superzpay]

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.

I do not think that Bitcoin will not remain number one for longer time because Bitcoin is a strongest currency and ethereum is not a strongest currency in the sense that it do not have any uses of it in the market. while bitcoin has been adopted by a large number of companies for to use it as a payment system for their clients. That make Bitcoin more stronger currency than ethereum and it is sure that because of this feature Bitcoin will remain a strongest currency for all the time.

[squatz1]

This just isn't true in the least, I've seen topic after topic like this come up with people saying that the reason for this is that a ton of other currencies are more innovative, dont have TX problems like we do, and have a wonderful dev team that's supporting the coin. Well, It's not like these coins are going to have any congestion problems when the only use for them is going to be people who are simply trading it all day for money.

The big difference between BTC and these other coins is going to be that Bitcoin is actually used by people on a daily basis, these other big coins such as XMR, XRP, and so on are coins that are just being used by traders and whales to make money. Sure, these coins are being hyped up all around but it's not because of actual usage -- it's because this is what the whales want to do to be able to get people to keep buying these coins and keep pushing up the price.

BTC will stay at #1

[deisik]

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.

Many people think that bitcoin is dumpy, they think bitcoin is the strongest coin and it will always overwhelm all other coin, however, in fact, they are wrong, bitcoin gets stronger because It has many advantages over other currencies, the advantage of time has made it exist as a king. But it is gradually losing its edge, so many other currencies are growing out, ETH is the best example, and it can pass bitcoin at any time.

I'm curious what you might mean by Bitcoin being dumpy

Apart from that, Bitcoin is strong not because of its technical advantages but simply because it is by far more popular than any other coin out there. But since most of all cryptocurrency value comes from speculation and profiteering, being most popular effectively means being the number one coin. The bottom line is simple, as long as Bitcoin remains popular (and so far it is so), no other coin, Ethereum or whatever, will be able to capture the palm, though it would be particularly interesting to see the hysterics rising when Ethereum surpasses Bitcoin in the so-called "market cap"

[Shinpako09]

Btc is the father of all coin. When it comes to popularity, number of users, they couldn't beat bitcoin. It is well known, a lot are accepting btc and using it in purchasing stuff now. Don't assume that there will be altcoin that would be ahead in btc just because you see that ETH is rising. ETH has a long way to go before it can reached where the bitcoin is right now and even ETH would be able to reached it. For sure btc is too far away by that time to surpass by any altcoins.

[gentlem3n]

Ethereum, Which is most probably the coin everyone is expecting allot from, IMO, is no more than a haggle where everyone is aiming to sell higher even more than BTC. The system already had few crisis before that makes it difficult to believe people are investing heavily into it. and finally, the media unrelated to BTC and Cryptocurrencies are only covering BTC mostly, even future adoption is expected to BTC, not ETH.

[Gaaara]

For me market cap cannot determine whos on top, bitcoin has always been but this recent months more and more are becoming a hater of bitcoin, is it because of the price, transaction fee, or just wanted to be different by disagreeing to many bitcoin users.
Bitcoin will still remain the number one, bitcoin created a strong fundamental and created a wider user community which made a better stability, so still power of demand is not a thing to determine whos number one.

[BillyBobZorton]

This just isn't true in the least, I've seen topic after topic like this come up with people saying that the reason for this is that a ton of other currencies are more innovative, dont have TX problems like we do, and have a wonderful dev team that's supporting the coin. Well, It's not like these coins are going to have any congestion problems when the only use for them is going to be people who are simply trading it all day for money.

The big difference between BTC and these other coins is going to be that Bitcoin is actually used by people on a daily basis, these other big coins such as XMR, XRP, and so on are coins that are just being used by traders and whales to make money. Sure, these coins are being hyped up all around but it's not because of actual usage -- it's because this is what the whales want to do to be able to get people to keep buying these coins and keep pushing up the price.

BTC will stay at #1

Don't say it will not happen. I believe ETH can be number #1 at this rate. The question is: for how long can it stay #1?

Maybe Ethereum needs to become number for investors to wake up from the delusional dream of thinking Ethereum is worth more money than Bitcoin.

Once they cross the barrier and become number 1, they may realize they are sitting on a cloud. It will only take a small crack for the entire building to collapse, and sooner or later it will, and Bitcoin holders will both have the last laugh and reap the benefits.

[thesavoyard]

 You can rationalize all you want, but when Ethereum passes Bitcoin it will be the number one currency. Market cap is the true measure of value.

[Vishnu.Reang]

You can rationalize all you want, but when Ethereum passes Bitcoin it will be the number one currency. Market cap is the true measure of value.

There is something fishy about Ethereum. I doubt that a large part of the Ether tokens are not available for trade, unlike Bitcoin. Individuals such as Vitalik Buterin may be holding them in offline storage. I suspect that the number of Ether coins in "free float" is much lower than the same available with other crypto-currencies such as Bitcoin and Litecoin.