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Author Topic: Will ETH overtake BTC in market cap?  (Read 3835 times)
nemgun
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May 03, 2017, 09:51:17 PM
 #61

I invite you to check this website for all market cap informations, they aggregate informations from 366 data sources, i discovered them today and they offer great informations : https://cryptolization.com/ethereum
chart top-right : Bitcoin market cap
chart mid-right : ethereum market cap

At the time of posting, Eth: 7$b | Btc: 24$b

Ethereum's market cap still needs a lot of investments to catch Bitcoin's cap.


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May 03, 2017, 09:57:24 PM
 #62

I invite you to check this website for all market cap informations, they aggregate informations from 366 data sources, i discovered them today and they offer great informations : https://cryptolization.com/ethereum
chart top-right : Bitcoin market cap
chart mid-right : ethereum market cap

At the time of posting, Eth: 7$b | Btc: 24$b

Ethereum's market cap still needs a lot of investments to catch Bitcoin's cap.
Yes, I like that site. It should be more popular than it is right now.
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May 06, 2017, 08:42:38 PM
 #63

it will sooner or later

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May 06, 2017, 10:46:05 PM
 #64

No. I don't think it ever will, only impulse trader think so.
But the current trend says it will. Nothing to do with impulse or pragmatic trading.
One thing is evident Vitalik Buterin is doing a good job promoting it traveling all over the world and he has a target on reaching the Asian countries as he knows that the big business lies in Asia but is it really gaining momentum to take over bitcoin,it is just a dream now and you can speculate as much as you want,but the fact remains that it is miles away to compare the two.














 

 

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May 06, 2017, 10:47:52 PM
 #65

Very possible as Ethereum has more use cases than Bitcoin.

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May 06, 2017, 11:28:13 PM
 #66

Yes, I also think it is very likely to see that event in next months, especially if the bitcoin ecosystem suffers a great collapse because of its well known issues to solve. Few months ago the bitcoin dominance meant almost 90% of the market capitalization, but nowadays has drastically dropped to 55%!!!

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May 06, 2017, 11:47:47 PM
 #67

it will sooner or later
No it won't.

They only viable way for ETH to catch up with bitcoin would be situation where bitcoin development would be halted, scaling issues never addressed.
In short: if current idiocy of supporting Bitcoin Unlimited will continue for years then ETH will have chance.
But in the moment we will have SegWit and Lightning Network operational, BTC will be complete.
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May 07, 2017, 01:31:01 AM
 #68

NO. Bitcoin gone too far and ethereum is catching up but I think it will take much longer if ever it will happen. It is very possible that al ETH token contract can surpassed bitcoin maybe if all that token value is combined but not at present.

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May 07, 2017, 01:51:28 AM
 #69

Yes. Next question?

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May 07, 2017, 04:03:31 AM
 #70

that will not happen, Seeing BTC most popular then ETH. BTC many used by countries in the world and Bitcoin will continue to grow more and more.

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May 07, 2017, 05:30:29 AM
 #71

Perhaps, the thing is ETH seems to be riding btc's wave (or is btc also riding ETHs wave?), however if the scalability issues get resolved on bitcoin it will surge in way ahead of ETH. Not because it offers more but because its first, everyone even the average person knows what bitcoin is but not ETH. That could quickly change if btc fails to innovate, especially when ETH can do more.
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May 07, 2017, 01:39:19 PM
 #72

thank you, friend. I will be studying.
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May 07, 2017, 02:02:18 PM
 #73

NO. Bitcoin gone too far and ethereum is catching up but I think it will take much longer if ever it will happen. It is very possible that al ETH token contract can surpassed bitcoin maybe if all that token value is combined but not at present.
What do you mean about "all that token value is combined"? Looks strange for me, The smartcrontract offering different advantages for the users. This about the competition for convinced of the users.
If the bitcoin blocks can't get resolved and it will become a doom for bitcoin itself.
More adoption can't come to its mother of crypto. I can say more try to adopt another coin with huge potential such as ethereum itself. Ethereum doesn't need to be combined value.

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May 07, 2017, 02:15:48 PM
 #74

it will sooner or later
No it won't.

They only viable way for ETH to catch up with bitcoin would be situation where bitcoin development would be halted, scaling issues never addressed.
In short: if current idiocy of supporting Bitcoin Unlimited will continue for years then ETH will have chance.
But in the moment we will have SegWit and Lightning Network operational, BTC will be complete.

I think this is the only thing needed to shut down ethereum from reaching Bitcoin status or overtake it the sooner it is implemented the sooner this will happen,altcoins are moving to catch Bitcoin because of these issues.

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nemgun
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May 08, 2017, 10:15:13 AM
 #75

it will sooner or later
No it won't.

They only viable way for ETH to catch up with bitcoin would be situation where bitcoin development would be halted, scaling issues never addressed.
In short: if current idiocy of supporting Bitcoin Unlimited will continue for years then ETH will have chance.
But in the moment we will have SegWit and Lightning Network operational, BTC will be complete.

I think this is the only thing needed to shut down ethereum from reaching Bitcoin status or overtake it the sooner it is implemented the sooner this will happen,altcoins are moving to catch Bitcoin because of these issues.

There is a point on which i agree with BU guys, Bitcoin core needs new features. Actually smart contracts is the most demanded features, but there are many things that be added on the Bitcoin blockchain.
Some of you may know about OP_RETURN sigop, this is what is used by counterparty and omnilayer to create assets bound to bitcoin addresses. Not only this sigop but it is a part of their solution. This is the way Bitcoin stores informations, so anyone can store messages, functions and things on bitcoin blockchain. The difference is that you can't execute it directly from the blockchain. you can retrieve it, parse it (because it is saved in HEX format) change it, and then work with it.

At least the basics for such features are aleready implemented.

Now regarding Ethereum, he will never overtake Bitcoin because it is not unique, there are a bunch of other projects who are implementing smart contracts on their chains which is the main HYP argument for Ethereum.


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