budi691
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September 09, 2020, 02:47:03 PM |
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Ethereum will always have the benefit of being one of the earliest cryptocurrencies out there, which makes it very hard for new projects to overtake ETH. That being said, in the last few weeks it happenede pretty often that the gas fees in the ethereum network were very high, which revealed that current Ethereum has problems when there is a lot of traffic in the network. If ETH 2.0 continues to be delayed and maybe never happens then sooner or later there will be a new number 2 crypto.
yes I agree with you when there is a problem with ethereum with the current high gas price, it is not impossible that there will be a new competitor who can replace ethereum in second place, but if ethereum can overcome this problem and the presence of ethereum 2.0 it will be difficult for new coins to compete in second place.
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bitkanu
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September 09, 2020, 03:05:39 PM |
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Well i hope so. I think more people will give other coins a chance since ETH is getting more expensive as a gas price. Tho theyll have to rise against the already established ETH. But its not too far off.
If the traffic is spread equally I'm sure we gonna have a better fee cost than what it is right now. Too many platform relying on ETH making their blockchain too crowded but tbh its not their fault being the most popular platform for creating many erc20 tokens. Competition is always good and if theres new coin that could replace ETH then it's even better because we better off with many alternatives than just having one.
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fuer44
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September 10, 2020, 12:50:11 PM |
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for the near future, I don't think there is yet. Even coins that have been around since etherum became the number 2 domination in the market have not been able to beat etherum. If it's in the context of the market cap, maybe it still can but in terms of price and volume, it is still difficult to beat etherum.
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raes
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September 10, 2020, 01:01:40 PM |
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for the near future, I don't think there is yet. Even coins that have been around since etherum became the number 2 domination in the market have not been able to beat etherum. If it's in the context of the market cap, maybe it still can but in terms of price and volume, it is still difficult to beat etherum.
Some of the coins under ethereum may have the potential to outperform ethereum. which is still very fresh with a lot of updates I think there are BNB and LINK that could be competitors for ethereum in the future with various planning updates that have been prepared.
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Surrapatt
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September 10, 2020, 01:10:56 PM |
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For a new project to surpass ethereum it will require a lot of time. Certainly, it won't be immediate and the idea needs something that will be of immense value to the cryptocurrency industry, to gain interest from a wide group of consumers who will like the coin and reap the benefits.
Yes, even though it can be done by new project developers, it is clear that they will not easily surpass Ethereum tokens, because the smart contracts that are already owned by Ethereum tokens are already very strong and well-known among crypto and even today there are still many projects that use smart contracts from Ethereum for their tokens, of course it is very reasonable because Ethereum tokens are developed in such a strong way that other project developers believe in Ethereum, so obviously in this case it will be very difficult for new projects to surpass Ethereum tokens.
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Ekyfitri
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September 10, 2020, 01:33:03 PM |
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Everything can happen in crypto (but I still think if nothing can beat ethereum) and maybe in the future there will be new tokens that beat ethereum, the percentage beat ethereum is only 1% because ethereum is too strong to beat
many people will probably say the same thing to you. ethereum is already very strong in the crypto market. Moreover, their developers are also actively updating. it will be difficult for other coins or new coins to take over ethereum.
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wanted sliter
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September 10, 2020, 01:53:46 PM |
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To beat Ethereum, you need to convince people to leave Ethereum and that crypto has to be truly easy to develop and better. I don't think there is any crypto that can beat Ethereum at the moment. They have a strong ecosystem, a strong and loyal community. Lately, their problem is just too high fees and delays. Also, there is no other problem.
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xOdiumNostrumx
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September 12, 2020, 09:30:41 AM |
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I highly doubt that some newcomer could dethrone ETH from its #2 MC spot in the near future. But hey, crypto is totally unpredictable, ETH devs could fail to deliver ETH 2.0 in the next year or two, so who knows, maybe some ETH-killer unexpectedly rises to the top, I wouldn't bet on it, but it may happen.
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Rafiqul
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September 12, 2020, 01:12:37 PM |
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To beat Ethereum, you need to convince people to leave Ethereum and that crypto has to be truly easy to develop and better. I don't think there is any crypto that can beat Ethereum at the moment. They have a strong ecosystem, a strong and loyal community. Lately, their problem is just too high fees and delays. Also, there is no other problem.
I also agree with you, there is no currency in the crypto world that can defeat Etherium at the moment. Lately, they have no problem with high fees; I believe that too will be resolved soon. The use of Etherium and Bitcoin pairs is high in the crypto world, with most investors exchanging their currency for ETH or BTC before going to Fiat Money. So overall I don't think any new cryptocurrency can beat Ethereum at the moment.
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ven7net
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September 12, 2020, 01:35:30 PM |
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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 believe that there may be cryptocurrencies that can overtake ETH in price, but this can only be a short-term phenomenon. The thing is that, in addition to hype, we also need liquidity in the form of a community and an ecosystem. Without this, any new cryptocurrency will not be able to receive sufficient support to catch up and overtake ETH. As for me, now there are no such cryptocurrencies on the cryptocurrency market that could really compete with ETH, but maybe I'm wrong.
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Argoo
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September 12, 2020, 02:01:29 PM |
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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?
In terms of capitalization, no one can surpass ethereum yet. Its capitalization is now over $ 41 billion. Below ethereum in the CoinMarketCap table is USDT with a capitalization of about $ 10 billion. The gap between the two is too big for ethereum to worry about. At the ethereum price, some altcoins have already bypassed. This primarily applies to new DeFi projects. However, things may still change. Let's see what ethereum will become after the update.
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Cryptoangel01
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September 12, 2020, 02:12:36 PM |
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Beat ETH in terms of price? Market capitalization? actual utilitarian value? in the case of price there are a lot of projects out there that have outperformed ETH in price even recently. Yearn.Finance for example outperformed BTC. In terms of market capitalization I'll say if this project outperforming in terms of price last long, they'd beat ETH in market capitalization in the long term. But in terms of Utility. I guess Ethereum have to fix up. It's scheduled 2.0 is taking forever to achieve! Some projects out there do not take this long to acheive established road map. Take a look at Earnbet that scheduled mining reduction to help token price is already bent on achieving that such that this week the work is to be implemented. Eth 2.0 have been shifted to November. An update lagging behind since 2019. If ETH doesn't fix up its going to see a sub $300 soon. BTW earnbet is the famous online blockchain casino platform that recently hit its ATH in volume last month but price struggles because of too many token mining which will be corrected. You can get all the information on the website: https://game.earnbet.io and TG announcement: https://t.me/earnbetannouncements
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imstillthebest
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September 12, 2020, 02:24:50 PM |
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Beat ETH in terms of price? Market capitalization? actual utilitarian value? in the case of price there are a lot of projects out there that have outperformed ETH in price even recently. Yearn.Finance for example outperformed BTC. In terms of market capitalization I'll say if this project outperforming in terms of price last long, they'd beat ETH in market capitalization in the long term. But in terms of Utility. I guess Ethereum have to fix up. It's scheduled 2.0 is taking forever to achieve! Some projects out there do not take this long to acheive established road map. Take a look at Earnbet that scheduled mining reduction to help token price is already bent on achieving that such that this week the work is to be implemented. Eth 2.0 have been shifted to November. An update lagging behind since 2019. If ETH doesn't fix up its going to see a sub $300 soon. BTW earnbet is the famous online blockchain casino platform that recently hit its ATH in volume last month but price struggles because of too many token mining which will be corrected. You can get all the information on the website: https://game.earnbet.io and TG announcement: https://t.me/earnbetannouncementsvalue is what he wants to know but you provided several answers here not just value which was also superb . eth value is not that huge and its value was already pass by older coins on the past but the op wants to know if theres new coins that can potentially pass the value of eth . there is , that was the latest defi coins . you said utility of eth is poor because of the delayed eth 2.0. but if youl disregard that eth 2.0 , eth is still better compare to other coins .
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SacriFries11
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September 12, 2020, 02:44:42 PM |
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I highly doubt that some newcomer could dethrone ETH from its #2 MC spot in the near future. But hey, crypto is totally unpredictable, ETH devs could fail to deliver ETH 2.0 in the next year or two, so who knows, maybe some ETH-killer unexpectedly rises to the top, I wouldn't bet on it, but it may happen.
That's right. It's possible that some crypto will take over ETH but they need to be solid platform and can create different platform that people will trust with. It will take a lot of time if that crypto will only emerge this year. ETH still dominate and a lot of people expecting many improvements to them. If I would ask in 5-8 years, ETH will not be replace with newcomers cryptocurrency.
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rahmathidayat93
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September 12, 2020, 03:47:28 PM |
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many people will probably say the same thing to you. ethereum is already very strong in the crypto market. Moreover, their developers are also actively updating. it will be difficult for other coins or new coins to take over ethereum.
Yes, it will be difficult for new coins to overtake Ethereum's current position, but something like that could happen in the crypto world although not in the near future and it will not be easy to do, because it is likely that it is still possible to happen.
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Rikotin
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September 12, 2020, 04:43:25 PM |
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YESS,There is no doubt Ethereum have the biggest community in the space but it is not a chain that is too big to fail. There are some few good projects in the space now that can give Ethereum run for its money. Thou they will need to spend alot on marketing, pumping th price of the coin and also have a good platform to show for their effort
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sulendra12
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September 12, 2020, 04:52:54 PM |
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It has the possibility, any new altcoins can beat ETH in the market, but they can't beat ETH in terms of popularity and the community itself. ETH has been proven for its strong, update, trustworthy asset by the community. It takes long ass time for new altcoins to actually gain those shits together starting by gaining trust form community and etc.
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landoffaucets
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September 12, 2020, 04:53:15 PM |
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PolkaDOT is the real Ethereum competitor. Many altcoins tried to do this in the past, but they didn´t solve the problem with scalability to make it true. Behind the PolkaDOT there are big institutional investors that bring to PolkaDOT enough credibility, just like Hedera Hashgraph. But both projects could have problem with decentralization in the future. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Google+
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September 12, 2020, 06:45:11 PM |
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PolkaDOT is the real Ethereum competitor. Many altcoins tried to do this in the past, but they didn´t solve the problem with scalability to make it true. Behind the PolkaDOT there are big institutional investors that bring to PolkaDOT enough credibility, just like Hedera Hashgraph. But both projects could have problem with decentralization in the future. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) even though polkadot can enter the top 10 list on coinmarketcap does not mean it can beat ethereum, because the platforms they develop are very different and the technology of each of these coins is also not the same, so in my opinion ethereum will still win because it can create lots of coins and a lot using ethereum technology as a reference, while the price of polkadot is still very cheap. but if you think that polka dots can beat ethereum then you can buy them because the price is still very cheap and maybe you can make a profit when there is good news that can trigger an increase in polka-dot prices.
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Alohadanc3
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September 12, 2020, 07:48:42 PM |
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It's kind of impossible atleast at this moment. Ethereum is 2nd biggest coin in the market and it had a big marketcap. Not only marketcap it has very big community and developer group. And most of the token in the market is based on eth. Maybe in future it can possible. But right now it's not. In terms of profit there are many coins which can outperform eth but in marketcap it's hard. But there are many coin releasing which are the biggest competitors of ethereum . One day maybe one of them can take the crown. But it will be a hard competition.
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