marksayson (OP)
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March 22, 2018, 08:08:21 AM |
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As I have observe, Ethereum was always at rank #2 in coinmarketcap.com. While in rank #1 is bitcoin. In this days, almost ICO's that launched uses ethereum, Ethereum gained a massive popularity in crypto world. Does ethereum gonna take the spot of bitcoin? is it possible?
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jacksonxw
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March 22, 2018, 08:11:10 AM |
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I dont think so. Maybe after some fork and improvement ethereum can be more valuable but it can not take the 1st place of bitcoin
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Xynerise
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March 22, 2018, 08:13:02 AM |
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Not possible. The "flippening" will never happen. Ironically ,ICOs are the undoing of ETH: they expose it to regulations and exert selling pressure on it.
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AfterTheFork
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March 22, 2018, 08:17:31 AM |
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Anything is possible in the crypto circle, Ethereum is a coin with huge potential and is still growing, its value will rie over time, but it might take years if it is to dethrone BTC at the top of the listing, Bitcoin still have an upper hand
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Jabiii
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March 22, 2018, 08:18:37 AM |
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I don’t think so. Especially all other altcoins depends on bitcoin. If bitcoin’s price go down basically altcoin’s price will go down too.
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Monetniy
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March 22, 2018, 08:19:16 AM |
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It is unlikely, because there are more perspective coins in the market. The same ethereum classic can eclipse the predecessor with ease. In the near future perhaps and will be.
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zabisux
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March 22, 2018, 08:26:02 AM |
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I don't expect to see ethereum to hit number one. Bitcoin is the most useful ever invented/developed. Ethereum itself was mostly staying at overbought levels also, its now showing how bitcoin actually rules markets.
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hardbakker
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March 22, 2018, 08:26:37 AM |
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I think ot depends on how they rank it. If the main criteria is the price than it's very unlikely that ETH will overcome BTC.
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dillpicklechips
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March 22, 2018, 08:30:23 AM |
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As I have observe, Ethereum was always at rank #2 in coinmarketcap.com. While in rank #1 is bitcoin. In this days, almost ICO's that launched uses ethereum, Ethereum gained a massive popularity in crypto world. Does ethereum gonna take the spot of bitcoin? is it possible?
No. It is true that ETH had gained a lot of popularity and so as the demand due to ICOs who use its platform to create their token but let's not forget that BTC is far more different and functions as something else. BTC's title as the king of all crytos will not be taken down by just a coin that enables smart contracts.
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OluwaTosin10
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March 22, 2018, 08:33:23 AM |
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The latest dramatic rise in cryptocurrency prices has come to an abrupt halt. Many coins are down by double figure percentage points with only a handful of cryptocurrencies avoiding the impact of this current sell off. One cryptocurrency that is defying the downward trend is Ethereum. As the media switches their attention to productless tokens with Twitter-happy CEOs, Ether quietly breaks through numerous all time highs with transactions/day on the network exceeding 1,300,000. A first (by some distance) for any blockchain.
Ethereum’s relative lack of media attention should come as some welcome respite. Ethereum, like Bitcoin, is a victim of its own success. Both blockchains have become so popular that their networks are congested, dramatically increasing transaction times and the overall reliability of transfers; any further attention given to Ethereum will only go so far as to demonstrate that this technology is not quite ready. But despite its lack of readiness, Ethereum appears set to dominate headlines as it edges ever closer to supplanting Bitcoin as the top currency by market cap, something that may happen sooner than many had expected.
For all of Ethereum’s failings (and there are failings), its long-term potential to achieve dominance as a global store of value, payment network and smart contract protocol are second to none. Ethereum is on the cusp of another explosion in adoption and price.
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Ikay
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March 22, 2018, 08:34:03 AM |
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Maybe? in the next few years, because for now surpassing bitcoin is so difficult the average value of bitcoin now is so huge rather than eth but eth also are gaining popularity in markets so definitely eth will surpassed btc someday.
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Maryshka91
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March 22, 2018, 08:34:26 AM |
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I do not think that this is when something happens. All the same, bitcoin will not allow to shift itself from the first place, and big uncles will not allow it to fall
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talkbitcoin
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March 22, 2018, 08:43:41 AM |
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everyone is dumping ethereum these days because they are scared of its future. as you said yourself the price of it has gone up only because of ICOs and now that ICOs are losing popularity and are getting banned everywhere there won't be much rise in ETH price either.
and the pump of it becomes harder and harder while bitcoin continues to rise. so unless ETH decides to release 100 million new coins out of thin air i don't see any way for them to go up in market capitalization.
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Jimmy palumbo
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March 22, 2018, 08:50:23 AM |
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I think this is impossible, because the success of the ETH because ICO market hot, but when the ICO market cooling, so every day there are a lot of teams to sell the ETH, and BTC is people's beliefs, so may not exceed the ETH.
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jony35490
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March 22, 2018, 08:51:47 AM |
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It is not possible that etherium is going to be number 1. I always says Bitcoin is the mother of all cryptocurrency.So it will hold its position and it will be number one all time. Etherium one of the best cryptocurrency no doubt. But I think it will stay on number 2 position always.
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97percent
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March 22, 2018, 08:55:25 AM |
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It can be happen in the next 10 years ahead, I am sure that bitcoin can't be replaceable at the moment, its very hard to overcome bitcoin domination, which many peoples tend to buy bitcoin than others.
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indiejeff
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March 22, 2018, 08:58:34 AM |
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will base on the trend right now everything is possible but for now i dont think that ethereum will overtake bitcoin for now,
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HardFireMiner
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March 22, 2018, 08:59:59 AM |
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I don't think so. In fact, I think it is overpriced now.
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just_strange32
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March 22, 2018, 09:02:22 AM |
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The market position on the currency may change from time to time. If ETH is considered the highest ranking, then soon will be bitcoin. Bitcoin is growing and gradually confirms its position in the currency market.
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ellabanana
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March 22, 2018, 09:02:57 AM |
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Possible? Yes. This year? No. If we can notice with their value, etherium is proportional with Bitcoin's value. If Bitcoin rises, etherium does also. So, it would be difficult that etherium will exceed Bitcoin. But, with the capabilities of etherium, it wou not be impossible that it will take over.
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