Ethereum is about to take over Bitcoin

[FrankNoland]

The marketcap is moving closer to Bitcoin's, the price is going up like never before. Lets give ETH some time, I can see that is about to bury Bitcoin.

[shivamchawla]

This might happen but will be for a very short amount of time. There is a huge discussion going on about the possibilities of a huge crash on ethereum due to the fact that ico's will have to sell at some time to pay their developers. Still it might be long time away from now.

[sosobtc-Regina]

I don't think eth will take over btc even though its market cap suspass btc.

[tiggytomb]

Agree, it won't be forever, not this time at least.  In the long term they also have an issue with their blockchain which is far larger than bitcoin's, https://cointelegraph.com/news/ethereum-blockchain-bloat-could-reach-1tb-in-2017

[WallSinger]

I don't think eth will take over btc even though its market cap suspass btc.

I agree, it will take many years before it can actually happen....

[befrank]

It will overtake BTC. The traffic is already higher than BTC. If it will stay that way is something that is impossible to predict. It is actually important that something like this happens. It will give some media exposure. The altcoinindustry is not really known by the bigger population. Media exposure could bring in more people. The more people are participating the better the technology can become.

[xypos]

The marketcap is moving closer to Bitcoin's, the price is going up like never before. Lets give ETH some time, I can see that is about to bury Bitcoin.

I don't think it's gonig to happen. Remember that Ethereum is still a few billion dollars away from bitcoin and bitcoin's price is currently recovering again, whilst Ethereum's price is adjusting down. It is very likely that $400 apiece is the ATH for Ethereum and it stays that way.

Agree, it won't be forever, not this time at least.  In the long term they also have an issue with their blockchain which is far larger than bitcoin's, https://cointelegraph.com/news/ethereum-blockchain-bloat-could-reach-1tb-in-2017

Indeed. I don't get why people think that Ethereum is a better solution than bitcoin when its got so many problems itself. Vitalik is actually spreading FUD on twitter about directory.io and making people think that that site is the bitcoin killer. If the founder can create a new blockchain and reset transactions, whats the point of even having this coin? Just use paypal.

[FrankNoland]

This might happen but will be for a very short amount of time. There is a huge discussion going on about the possibilities of a huge crash on ethereum due to the fact that ico's will have to sell at some time to pay their developers. Still it might be long time away from now.

It might crash, that is possible and that is how the market goes but I have feeling that it will go big after the recovery

[FrankNoland]

I don't think eth will take over btc even though its market cap suspass btc.

Just wait and see, the only reason you are saying that is because Bitcoin is older than ETH, say the same thing a year later or two

[FrankNoland]

I don't think eth will take over btc even though its market cap suspass btc.

I agree, it will take many years before it can actually happen....

Not necessarily many years, it might happen in two years time

[CoinFoxs]

You never know what is th next milestone for bitcoin, may be after 2 years bitcoin's price is 6k to 7k $. Eth is going good but it takes too much time to take over bitcoin.

[FrankNoland]

It will overtake BTC. The traffic is already higher than BTC. If it will stay that way is something that is impossible to predict. It is actually important that something like this happens. It will give some media exposure. The altcoinindustry is not really known by the bigger population. Media exposure could bring in more people. The more people are participating the better the technology can become.

Well said, Bitcoin is been around long enough, its about time altcoins take over

[krishnapramod]

The marketcap is moving closer to Bitcoin's, the price is going up like never before. Lets give ETH some time, I can see that is about to bury Bitcoin.

Flippening is happening. Ethereum might surpass bitcoins cap, but precisely what is fuelling ETH price? ICOs. A large number of ETH is getting locked up because of ICOs and thus causing a reduction in supply. ETH would be sailing smoothly until some ICOs fail to deliver and then there would be a substantial crash in Ether's price.

Limited supply, security, store of value, settlement system, even if Ethereum gets past bitcoin it still lacks these. So it would not be a concern for the people who have invested in bitcoins. ICOs are what Ethereum has to depend on to propel it's growth, a couple of fuck ups and price comes crashing down. Bitcoin on the other hand is growing rapidly and widely getting accepted as digital gold and payment system. Ethereum has its own advantages, no doubt about that, but as a digital currency it would not be able to compete with bitcoin.

[stiffbud]

The marketcap is moving closer to Bitcoin's, the price is going up like never before. Lets give ETH some time, I can see that is about to bury Bitcoin.

It's just the people hypeing the market and pumping the coins but I don't think ethereum will ever surpass bitcoin. Many ICOs are now using eth and I think that is one reason why the prise suddenly rise like this and at the moment, eth is also a good choice to use since bitcoin is
painly too slow.

[HardFireMiner]

Yeah sure, of course it is about to take over Bitcoin

Kid, go make your homework, enough internet for you today. It's not even funny. It's ridiculous.

[HardFireMiner]

Flippening is happening. Ethereum might surpass bitcoins cap, but precisely what is fuelling ETH price? ICOs. A large number of ETH is getting locked up because of ICOs and thus causing a reduction in supply. ETH would be sailing smoothly until some ICOs fail to deliver and then there would be a substantial crash in Ether's price.

Limited supply, security, store of value, settlement system, even if Ethereum gets past bitcoin it still lacks these. So it would not be a concern for the people who have invested in bitcoins. ICOs are what Ethereum has to depend on to propel it's growth, a couple of fuck ups and price comes crashing down. Bitcoin on the other hand is growing rapidly and widely getting accepted as digital gold and payment system. Ethereum has its own advantages, no doubt about that, but as a digital currency it would not be able to compete with bitcoin.

^^^^^^^
Right Words

[oscil8]

The marketcap is moving closer to Bitcoin's, the price is going up like never before. Lets give ETH some time, I can see that is about to bury Bitcoin.

buy the end of this month I believe

[HardFireMiner]

buy the end of this month I believe

Correct, a few ICO's will crash by that time, but before that Vitalik will cash up to bitcoin 1-5%(pure speculation, sorry to disappoint you, but I also don't know the future ) of his ETH (700.000 - 3.500.000 ETH), crashing the price.

By the way, Vitalik's name is a pseudonym. I don't know his real name, though.

[tostr]

The marketcap is moving closer to Bitcoin's, the price is going up like never before. Lets give ETH some time, I can see that is about to bury Bitcoin.

ICO Era coming... so all in ETH and some coin help ICO

[gedor]

Its price is rising just because of icos. It doesn't make sense even if pass bitcoin in terms of market cap. It's market cap can easiliy melt but Bitcoin's market cap made up of stone.