casperBGD (OP)
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December 06, 2019, 08:27:26 PM |
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Ethereum Gets Another Big Development Boost From Ernst & Young https://cryptonews.net/252607/?utm_source=CryptoNews&utm_medium=app&utm_campaign=sharedETH is getting closer to PoS mechanism and this could boost ETH value to new highs, with BTC having halving in a six months period, what do you expect in near future or a long term, do you think that flippening (ETH marketcap to overcome BTC marketcap) is possible within 2021?
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tenakha
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December 06, 2019, 10:30:32 PM |
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The switch to POS is not big enough to offer the opportunity to beat BTC. If everything happens as expected, it is expected to be the best staking coin, which will affect the price in a good direction. But, as long as the dominance of the BTC is too high, the second place will be the best position for ETH for a long time. So "Flippening" seems difficult in the coming years.
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Febo
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December 06, 2019, 10:39:14 PM |
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ETH is getting closer to PoS mechanism and this could boost ETH value to new highs,
Price of Etehreum will most likely never reach the ATH it had in 2018. ICOs that were starting on ETH were what caused that price. Most of them have little use and new ICOs dont start anymore.
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asriloni
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December 06, 2019, 10:40:47 PM |
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We will see that what will happen after ethereum implemented POS system. if there will be more coins getting locked in the network and that flippening may happen but if that gives the opposite result and then I will never believe about the chance of ethereum flippening to the bitcoin position. When you are taking the POS system as the only chance for ethereum to do the flippening and it may if it has a really low percentage compared when it was various feature to be offered in the future. Some coins have already offered the pos migration but that doesn't give a lot of impact to the price of the coin itself. That needs more than a decade for ethereum to do that or never due to the hardcap supply achievement by bitcoin that is also pushing the price of bitcoin.
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blockman
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December 06, 2019, 11:12:20 PM |
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do you think that flippening (ETH marketcap to overcome BTC marketcap) is possible within 2021?
No. I'm bullish with Ethereum but this kind of speculation is far to happen IMO. Sure, there will be too many that will chase to be eligible with the PoS rewards of ETH but it doesn't mean that it will overcome BTC's marketcap. Just look on how much is the difference of ETH and BTC at the moment. Although most of us are expecting for ETH's all time high again but it wouldn't be because of ICOs but because of PoS.
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Mealea
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December 07, 2019, 03:17:45 AM |
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I have a lot of respect for Eth but i don't think Eth can outshine BTC when it comes to market cap. The dominance of BTC will be difficult to break bt any coin.
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VeeTeaSee
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December 07, 2019, 03:21:45 AM |
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ETH marketcap wont overcome bitcoins anytime soon my friend i dont see any coin doing this in the next 10 years
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ajiz138
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December 07, 2019, 03:32:58 AM |
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I have a lot of respect for Eth but i don't think Eth can outshine BTC when it comes to market cap. The dominance of BTC will be difficult to break bt any coin.
I have a lot of respect for Eth but I don't think Eth can outshine BTC when it comes to market cap. The dominance of BTC will be difficult to break bt any coin. BTC and ETh capitalization cannot be compared, BTC has the largest capitalization.
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Yaunfitda
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December 07, 2019, 03:42:41 AM |
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Nah, I don't that there will be Flippening in the future, I'm not downplaying ETH here. But Bitcoin's price is not achievable for ETH to be honest.
Although there's a lot of developments for ETH in the future, it won't be enough to overtake bitcoin as the top coin.
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NathanJB
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December 07, 2019, 03:43:57 AM |
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ETH developments are happening one after another. The team is very active. The partnerships are overflowing. The continuous integration with other updates are also clearly spelled out in the near future. These are all saying one thing, that there is a very bright future for Ethereum. Bitcoin is also facing the same. Together BTC and ETH will once again rule the bull run.
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InwardContour
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December 07, 2019, 03:58:22 AM |
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ETH marketcap or any other altcoin no matter their development or whatsoever can never beat that of BTC. In as much as everyone is impressed about ETH's upcoming switch to POS, it's not a yardstick to compare with the pace setter (bitcoin). It's funny how people keep comparing these altcoins with bitcoin in terms of marketcap and all that, same way someone claimed XRP will beat BTC. All these things sound weird to me honestly.
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NathanJB
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December 07, 2019, 04:04:09 AM |
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ETH marketcap or any other altcoin no matter their development or whatsoever can never beat that of BTC. In as much as everyone is impressed about ETH's upcoming switch to POS, it's not a yardstick to compare with the pace setter (bitcoin). It's funny how people keep comparing these altcoins with bitcoin in terms of marketcap and all that, same way someone claimed XRP will beat BTC. All these things sound weird to me honestly.
That is why I cannot say that ETH will be overtaking Bitcoin. There is no flippening that is about to happen. ETH is very active and yet it remains to be just a leader of the altcoin world. It cannot be taking the throne which is solely designed for Bitcoin. Bitcoin will remain to be on top. There is not a possibility of the two exchanging spots. But again both of these coins will remain to be the leading figures in the coming December or 2020 bull run.
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meanwords
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December 07, 2019, 04:17:17 AM |
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My hope is still up for Ethereum to increase in price in the coming years but I doubt that it will surpass Bitcoin. Bitcoin will always be the king and you will realize that after spending enough time here in the forum. There's no cryptocurrency that could surpass even the "anonymous" monero. Bitcoin has the perfect supply, perfect algo, and perfect set up to be the cryptocurrency that people will love to use.
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LouVandetta
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December 07, 2019, 04:53:46 AM |
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We all are hoping for the price to increase in the coming year or so. Ethereum price have been swaying around this current price for a while. The increase might not be the same as the past couple years, or it might be hard to reach another ath. But having a price increase even for a bit is good enough for a start. Considering we're going to see another developtment, it's no wonder we're expecting a great price.
As for surpassing bitcoin marketcap, it's kinda hard to imagine. We'll see it eventually, whether it will overcome it or not.
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boris singer
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December 07, 2019, 05:10:49 AM |
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will only increase the volume and precision of prices significantly, but will not touch bitcoin at all, it is possible when eth touches their ath again and starts to maintain it, but PoS is not something that will make a big difference. I personally appreciate this coin, but there must be a lot of improvement in their smart contracts if they want more dramatic developments.
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o48o
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December 07, 2019, 05:34:29 AM |
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Usually when people start to talk about flippening, end of the bull season is near, but that's usually combined with low bitcoin dominance. Maybe this is an indicator of an altseason then ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Anyways, flippening has been talked about since the start of altcoins, and will never happen imho, unless something really spectacular comes along and even then it would take at least over 10 years to convince it's secure enough. And even then btc would have so much more trust on it, i can't see anything beating it.
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Aabcde
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December 07, 2019, 05:40:53 AM |
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Eth is one of the most successful altcoins from the beginning to the present. If the later update can solve the current problem such as scalability, it could be that in 2021 the price will skyrocket, but to touch ATH I'm not sure. To be sure, as long as bitcoin is not exposed to negative issues continuously, the future of crypto will definitely improve.
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LuckyBtc
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December 07, 2019, 05:41:44 AM |
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If you're talking about flippening of Bitcoin with any altcoins, That certainly won't happen. The #1 position will always be BTC, Rest of the positions might change. ETH has lost it's fame, With ICO going out of the business there's no buying pressure, It sure will increase but not reach it's ATH.
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joseyphil82
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December 07, 2019, 05:44:45 AM |
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With the POS implementation on ETH blockchain its still not enough to beat BTC in terms of marketcap, ETH is not the only altcoin that switched from Proof of Work to Proof of Stake and they never did better than before but since ETH is the world second best it will actually push ETH up to another level
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poornamelessme
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December 07, 2019, 10:02:21 AM |
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I don't foresee ETH ever overtaking BTC. Now it may do well (and hopefully better than currently) but there is too much ground to make up to surpass BTC. A flippening of sorts is always possible years from now, but it'd likely have to be a coin not even introduced yet.
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