Why do people think that ETH can Overcome Bitcoin?

[Obi2024]

Bitcoin is respected as the first mover in the blockchian space, but when it comes to usefulness, i will always agree with people saying that Ethereum will overtake Bitcoin, how true or false that statement, only time will tell.

[ElyTheBTC]

I would say that's quite common confusion/mistake.
I am not sure where it comes from ba I can assume that they just saw BTC going up and down for 3-5k and at the same time ETH is just shown the 200-300$ difference, that's definitely because of the difference of price. Maybe most of the people are under the illusion that ETH is the more stable cause of that fact, dunno, that's don't make any sense for me. I will vote for BTC in the middle of the night without any hesitations.

[theblack_cat]

In cryptocurrency no one will be able to guess because anything can happen and Etherium could be the highest in terms of price in the next few years but of course Bitcoin will also develop as well so it will be hard to beat bitcoin

[Victor Beckham]

Bitcoin has a limited number of coins that are mined very slowly. Ethereum has unlimited emissions and is produced faster than bitcoin. Therefore, if the price of Ethereum does not fall, then after 1-2 years the capitalization of Ethereum will be more than that of bitcoin. This is simple.

That is the simple math, but you forget the most important of all - Bitcoin's prize will not stay the same. The demand for Bitcoin is higher than ever, so the price will continue to increase. 

[anjuara29]

I am explaining that, why people thinking eth can overcome Bitcoin.
Actually if we flash back in last 3-4 weeks then we an see bitcoin price was low and eth price was increasing that's why people were thinking eth can overcome bitcoin. And eth is a promising coin and increasing superbly I think this is another point.  

[Naficopa]

Bitcoin and eth are different projects. In the case of the price, eth will not beat bitcoin. Btc is limited in quantity, so with the decreasing amount of btc to be extracted it will be more desirable. In business solutions, eth has great predispositions to be the best on the market.

[Gu_XiaoMing]

It is definitely possible that Ethereum could overcome Bitcoin one day, taking into consideration that Bitcoin is being so often debated, while Ethereum just works silently in the background. However, Bitcoin’s price still remains way bigger than the one of Ethereum placing the market cap at about 280$ billion compared to the 44$ million of Ethereum.

[jelly19]

Recently I am hearing some rumors or words that, Eth will beat bitcoin sooner or later.But I don't think so and I totally disagree with it. Bitcoin is Bitcoin, And Eth is like after Bitcoin, If bitcoin fall then eth will fall too. Then how can people think that ETH can Overcome Bitcoin? What do you think About this? Share your thoughts.

Yes I totally agree with you. Ethereum scales worse than Bitcoin. Bitcoin itself, meanwhile, is on the verge of successfully scaling by getting Lightning Network, which will make it suitable for making small purchases quickly with very low transaction fees. And Ethereum has suffered from many problems, such as crashing during ICOs, the DAO hack and the resulting contentious hard fork. These are the kinds of problems you’d expect from a token with much more functionality, and therefore a larger attack surface.

[white.raiden]

Now the bitcoin is the most expensive crypto currency now, If Bitcoin gets cheaper, All the altcoin gets cheaper, But this time can change time Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It supports a modified version of Nakamoto consensus via transaction based state transitions. And the ethereum is a strong technology and in demand on the market but for me Ethereum can not overtake the price of bitcoin.

[cizatext]

I have never thought of ethereuem beating bitcoin in term's of price because bitcoin as the first cryptocurrencies has great potential and high technology that even the world doesn't need any other cryptocurrency. Bitcoin is OK and we don't even need other alt coin, but for the sake of technological advancement and improvement we may adopt other coin but not to the point that any of them can ever compete with bitcoin.

[AzureDragon]

Rumors about this are quite contradictory. The fact is ETH is totally differs from BTC. Many traders believe that "smart contract idea" is very promising (I think so) which will attract maximum attention to ETH. However nowdays there is no clear ways to overcome BTC because the value of ETH is closely connected with value of BTC practically on all exchange markets.

[Stradivarioos]

Personally, I like the fact that Ethereum has a much faster transaction speed. Bitcoin is a good coin, but if you choose a coin for everyday life, then the Ethereum is better.

[Minecache]

Many users love ETH because this coin is faster and the commission is less than at the bitcoin network. Sometimes during the bitcoin network overload people pay attention to the second most popular coin - ETH. But despite this bitcoin always remains the most important coin in crypto.

[Gargo]

In my opinion, it is difficult to compare ethics and btc. These are two different things. Eth is a platform developed for business projects. Bitcoin is rather an investment and a payment system. Although the eth price will definitely increase, I do not think it will take over btc.

[oludare1]

Let's see it in this perspective, some months ago, 90% of all money invested in cryptocurrency was invested into Bitcoin.

Curiously, this number has dropped to somewhere around 45%. Conversely, Ethereum’s share of the total money invested has increased four times in size, making it approach the 30% area.

Another indicator showing that Ether can overcome Bitcoin can be found by looking at who’s backing each type of currency, as well as why they are backing said currency. Bitcoin’s focus on payment technology makes it popular with governments, such as Japan’s and China’s governments.

On the other hand, Ethereum’s smart contract technology makes corporations very interested in its real world applications. For example, a new coalition by the name of the Enterprise Ethereum Alliance (EEA) has sprung up with the explicit objective of facilitating and fostering the growth of the Ether.

The Enterprise Ethereum Alliance consists of more than 86 firms, including JP Morgan and Microsoft. The endorsement of Ether by such heavy hitters only goes to show the amount of potential in this technology.

Ether is capable of overcoming Bitcoin, however, it's not going to be an easy competition.

[nguli]

Recently I am hearing some rumors or words that, Eth will beat bitcoin sooner or later.But I don't think so and I totally disagree with it. Bitcoin is Bitcoin, And Eth is like after Bitcoin, If bitcoin fall then eth will fall too. Then how can people think that ETH can Overcome Bitcoin? What do you think About this? Share your thoughts.

I do not seem to agree if the ETH will go beyond bitcoin because we know the total supply of bitcoin and the total supply of ETH is more limited bitcoin if you know the harder it is to get the item is sure the price will be expensive.

[dobolspeed3]

Of course it will happen this year or the following year. Because ETH is very potential to compete or overcome Bitcoin. The use of ETH is now very much. Therefore ETH will likely compete with Bitcoin.

[RequiredBTC]

And that's just a rumor. There's no sign that can be used as a measuring tool that ETH can overcome BTC. Ethereum is an alternative, so it means that bitcoin remains in front.

[upsidedown75]

It's very simple, I think that people simply believe in the ETH project, because when a deep correction took place, people saw how ETH stuck to it and I think that the people's faith in this project supported the price of this project. But then of course everyone gave in to panic.

I am sure a lot of people always believe the only thing they hear and they end up not believing what they know. These are two great projects and I am not disputing that fact.

However, so many people are so closed to the world of having to look at the increase in value of a coin or token alone to make their decision on a particular coin without looking deeply into the core parts of the project that makes up the coin. Well, I cannot tell people what to believe or not, time will tell.

[dlhezter]

to be near at the shadow of bitcoin is true, but to overcome to bitcoin is not. although bitcoin is facing some issues now from the FUD news before, it doesnt mean that bitcoin will drop until the very last red. meaning bitcoin is in the top and still the king of all crypto more investors are holding or continue believing in bitcoin, so there are no possibilities that any of the altcoins can beat/overcome in bitcoin, it is all just a rumors.