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Author Topic: Can new crypto beat Eth in the market?  (Read 3535 times)
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August 26, 2020, 09:35:34 AM
 #81

If ETH has not been able to deal with the expensive transaction fees, there may be other options for new cryptos, but I am not sure to see a new crypto replacing ETH, but I think BNB is more worthy of replacing ETH, unfortunately BNB is only being promoted for people who hold BNB , never used to be promoted to all communities so they lack community

BNB is an exchange coin. Yes, it is very useful for those who trade on Binance, as it gives a lot of advantages for those who hold It. But you can't compare BNB and Ethereum at all, because they have completely different tasks. The main task of Ethereum is to create decentralized online services based on the blockchain.





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August 26, 2020, 09:39:19 AM
 #82

Ethereum will remain a safer and more stable platform in the crypto world and has a team and developers with a very good performance because it can maintain Ethereum's position as the second best coin after bitcoin.
It looks like another or new crypto to replace Ethereum's position is very difficult and although it may take a very long time and process, I take this as a joke like the previous news that Ethereum will replace bitcoin and it will not happen.

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August 26, 2020, 09:43:13 AM
 #83

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?

i think polkadot might have a chance and that is the only one right now. will see and it is going to be really fun to watch if it do happen, the altcoins war pump again.

i am also with this one, Polkadot has a chance, but it is a long way for them to go to overtake Ethereum on position two, there is Chainlink as well, but i do not think that LINK could overtake Ethereum while sits on Ethereum, they would have to launch their main-net before or took a part on other chains as well

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August 26, 2020, 11:30:29 AM
 #84

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?
I don't understand why you think Yobit and Idex are the top exchanges in this market. They are the biggest bullshit exchanges and have a lot of FUDs, btw there isn't any altcoin that can surpass ETH. There is only TRON project, but it does not meet too many expectations of investors

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August 26, 2020, 11:45:22 AM
 #85

 Yes, any crypto has the possibilities to beat eth in the market and I had some specualtions of the potential crypto that could be eth like xrp bch and eos. Xrp had beat eth before especially on time where market was falling and thought that bitcoin will going to end.

Any new cyptos has a potential and possibility to beat ethereum in some point but I think it needs many more years and exposures before it surpasses what ethereum coin achieved to the crypto-world.
But now, ethereum had made upgrades and investors wanted to get more eth because of the said upgrades. Market for eth now is good also so it may be possible for other crypto to beat eth but for now lower chances that it could be happen.

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August 26, 2020, 11:59:54 AM
 #86

From 2018 to now, a lot of new projects have appeared: utility tokens, platform tokens, stock tokens... but not many tokens can reach the price of $ 250/token, and the top2 position of Coinmarketcap is still in Ethereum's hand and it cap = total cap from top 3 to top 9 Smiley
One more thing is that the Ethereum team is very active and constantly developing their blockchain platform, other projects will have very few opportunities to challenge or surpass Ethereum, at least in the next 5 years.
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August 26, 2020, 12:04:57 PM
 #87

I am a novice in cryptocurrency at large and dues to the loss of my job I was partially introduced to crypto by a friend.  May I pleased be guided if this is the right time to invest in Ethereum; from now to December and for daily trading. Thank you in anticipation of advice from your wealth of experience.
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August 26, 2020, 12:08:50 PM
 #88

There are two different ideas about how cryptocurrencies look in a few years.
The first group of Bitcoin maximalists says that there will be the only Bitcoin and anything else is useless, worthless.
The second group says that technology is every day more and more advanced and old blockchains will be replaced by a new one.

Bitcoin and Ethereum doesn't seem to be mutually exclusive and I don't even think that at this point they are necessarily a competition to each other. Bitcoin is the leading store of value solution and Ethereum is doing an entirely different thing with building a platform for DApps, DeFi etc. I don't think Ethereum will replace Bitcoin but I also don't see any crypto replacing Ethereum at what they're doing in the near future.
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August 26, 2020, 12:32:23 PM
 #89

Bitcoin and Ethereum doesn't seem to be mutually exclusive and I don't even think that at this point they are necessarily a competition to each other. Bitcoin is the leading store of value solution and Ethereum is doing an entirely different thing with building a platform for DApps, DeFi etc. I don't think Ethereum will replace Bitcoin but I also don't see any crypto replacing Ethereum at what they're doing in the near future.

Bitcoin and Ethereum can co-exist, because the purpose is different for both these cryptocurrencies. Bitcoin is more like a pure cryptocurrency, while Ethereum is a smart contract platform. Not just these two can co-exist, but there is even a chance that they can supplement each other. The developers of both these coins needs to work together to achieve that.

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August 26, 2020, 01:10:56 PM
 #90

There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?
I don't understand why you think Yobit and Idex are the top exchanges in this market. They are the biggest bullshit exchanges and have a lot of FUDs, btw there isn't any altcoin that can surpass ETH. There is only TRON project, but it does not meet too many expectations of investors
dont forget about Polkadot now, this project have good platform like ethereum did. many project under polkadot platform get big success now in market,recently Mantra Dao that rise alot in their crowdsale and also in market.maybe they will be good competitor for ethereum platform.


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August 26, 2020, 01:11:39 PM
 #91

Any new cyptos has a potential and possibility to beat ethereum in some point but I think it needs many more years and exposures before it surpasses what ethereum coin achieved to the crypto-world.
yes it will be great to have competition and finally the coin will become better and better Although it needs more than simply exposure but many projects built on top of the platform to make it more popular. I know ETH popularity gained from the massive ico funding back then where everyone use Ethereum blockchain and new projects need to replicate that process.

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August 26, 2020, 01:12:57 PM
 #92

Of course, it's possible. It's all about the product. If the new cryptocurrency will represents something more efficient, and at the same time, more convenient than Ethereum, then it will surpass it and take the second place in the ranking.
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August 26, 2020, 01:18:57 PM
 #93

Eth is the top second coin in the market as well as it has great market capitalization, so these things are pretty enough to keep Eth ahead of new alts. So I would definitely disagree with the subject like this who thinks the new crypto can beat Eth.

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August 26, 2020, 01:24:12 PM
 #94

Of course, it's possible. It's all about the product. If the new cryptocurrency will represents something more efficient, and at the same time, more convenient than Ethereum, then it will surpass it and take the second place in the ranking.
Is not it there was a lot of platforms that have already implemented the new tech that can overtaken the tech that is still used by ethereum? i can even mention some. It's not all about product but remember community, long term progress, adoption and various things are also very important too.

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August 26, 2020, 02:04:04 PM
 #95

New technologies will always want to take over from the existing ones, however, the challenge in cryptocurrency is different as most of this new start up project need time to prove their authenticity. We all witness what happened to Yam farming and the rebating saga that wasn't properly audited, the spaghetti project that plunge in value.
The repeatation of this problem leaves investors skeptical and don't want to move to new technologies.
Perhaps, with ETH.20, scalability and performance of Ethereum will improve with time.

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August 26, 2020, 02:29:12 PM
 #96

New technologies will always want to take over from the existing ones, however, the challenge in cryptocurrency is different as most of this new start up project need time to prove their authenticity. We all witness what happened to Yam farming and the rebating saga that wasn't properly audited, the spaghetti project that plunge in value.
The repeatation of this problem leaves investors skeptical and don't want to move to new technologies.
Perhaps, with ETH.20, scalability and performance of Ethereum will improve with time.

Scalability issues is the major setback for ETH, nevertheless everyone hopes ETH 2.0 solves this issue to a great extent. Some projects promising to curb scalability issues also get clogged when many users make use of their blockchain, EOS is an example. Now many people suggest Polkadot is the new "ETH killer", soon the hype will die down as usual. Same thing was said for Cardano. It's hard for a new project to attain the current market cap of ETH, but it's very possible in the long run.

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August 26, 2020, 02:51:19 PM
 #97

Ethereum coin is the queen of crypto.This coin price very good for now.
Crypto market economy good position.Day by day this position so good.
Ethereum crypto market beat always second.Last 3-4 years this is second position.I hope futue crypto market this coin position same.
People accepted this coin.Day by day this coin devolved so good.
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August 26, 2020, 03:03:56 PM
 #98

Ethereum coin is the queen of crypto.This coin price very good for now.
Crypto market economy good position.Day by day this position so good.
Ethereum crypto market beat always second.Last 3-4 years this is second position.I hope futue crypto market this coin position same.
People accepted this coin.Day by day this coin devolved so good.
There isn't any doubt that Ethereum is the Queen of cryptocurrencies as Bitcoin being the king for sure, a few years ago before the ICO trend came to Ethereum, it wasn't that popular coin and was not the queen as it is now, at that time LTC or litecoin was holding that title from a very long time. Ethereum is still the best crypto to use for day to day works and even as a store of value because of the stability that it provides, but new cryptocurrency coming and beating ethereum doesn't seem possible for now as almost 50% of the industry runs on the Ethereum blockchain either in the form of smart contracts or in the form of ERC-20 tokens.

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Gorosden
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August 26, 2020, 03:07:31 PM
 #99

Yes a new project can beat ethereum but it's almost impossible to achieve since we have many contestants like EOS blockchain and Neo but as good as they are they still fail to beat ethereum, it will be very hard and challenging for a new project to take over ethereum position.

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August 26, 2020, 03:13:31 PM
 #100

In the Crypto World nothing is impossible, everything can happen even though it is very difficult to compete with ETH, which is actually the second strongest Coin in the world under Bitcoin, if it has the same system as ETH and has a strong investor and community in it, then the possibility could rival ETH in all global markets ..

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