Will Ethereum overpower Bitcoin in the future? Which side are you on?

[TWW]

I don't understand why the op is comparing this both coin because I know they don't offer similar services so know need to ask if eth can overtake  btc, but if I have to choose,  then i believe btc will always remain strong and above eth.

this is only related to popularity in the market. not related to the technology being developed. it is very far for ETH to reach BTC. but as of now, they are walking side by side, and responding to each other is already looking good for ETH.

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[bittick]

I'm definitely on the side of bitcoin. Imagine a coin that started it all and still holding strong with dominance over 50%. I cant Imagine Ethereum gonna overpower Bitcoin anytime soon.
Ethereum rely too heavily on projects to use their platform but Bitcoin used widely by many people for transaction. It doesn't need Ethereum's gimmick to keep its dominance until now.
I'm very sure if people are being given these two crypto for free and to choose only one they would definitely choose Bitcoin. Bitcoin also already tested for massive traffic which proves that it is reliable for use to use as a currency.

[LogitechMouse]

Overpower in terms of what??
In terms of trust, Bitcoin is still #1.
In terms of development, yes Ethereum is way ahead compare to Bitcoin and we knew it all.
In terms of Market Cap, Bitcoin is still the top 1.

In short, I don't see any possible reasons that Ethereum may overpower Bitcoin in terms of Market Cap although we know already that in terms of development Ethereum is ahead compare to it.

[bbcolex]

Its hard to see this happening soon, its also hard to give assumptions now since eth is far too behind bitcoin. BTC has a lot of following backing it up and its already established the name and proved its worth. Tho its possible if eth manages to overcome this, but that future is far too beyond. Maybe someday, but not anytime soon.

[Thomas-s]

ETH 2.0 was supposed to move this project to a new level and even a testnet has already been launched. When it will be availible for users - no one knows. I don’t believe this project and choose Bitcoin.

[NVZNtoken]

Why are people still acting like Bitcoin and Ethereum are mutually exclusive, or even competitors at all? Ethereum obviously wants to evolve into being "the world's computer", even Vitalik Buterin obviously admits it - a platform using blockchain technology for things like DApps and DeFi. This is not something bitcoin was designed to do, the two cryptocurrencies have very different use cases.

[yazher]

I agree about the constantly changing situation but not up to overpowering Bitcoin because it has been discussed before that Bitcoin and Ethereum has different route or different pages of roles in the crypto industry. If you are talking about the price, it's not gonna be possible either because Etherium has fallen into the category of Altcoins that hasn't been get up to its ATH until now. Yes, we see some improvement but not the actual price that it reaches up to $800+ since last 2018. There are lots of differences between these two Major Cryptocurrencies but at the end of the day, we will see them both prospering on their own way.

You can read more about there difference here: https://www.investopedia.com/articles/investing/031416/bitcoin-vs-ethereum-driven-different-purposes.asp

[budi691]

I am positioned between the two, because I believe bitcoin will never be replaced and ethereum is my second choice after Bitcoin, indeed from the problem of developing ethereum is better, but Bitcoin which has many followers will find it difficult to replace it.

[pikkie]

I am positioned between the two, because I believe bitcoin will never be replaced and ethereum is my second choice after Bitcoin, indeed from the problem of developing ethereum is better, but Bitcoin which has many followers will find it difficult to replace it.

indeed there will never be anyone who can replace bitcoin but maybe that will beat bitcoin is a lot of candidates, you can see how the current YFI price movements can exceed and beat bitcoin prices on exchanges.

[CaVO32]

Why are people still acting like Bitcoin and Ethereum are mutually exclusive, or even competitors at all? Ethereum obviously wants to evolve into being "the world's computer", even Vitalik Buterin obviously admits it - a platform using blockchain technology for things like DApps and DeFi. This is not something bitcoin was designed to do, the two cryptocurrencies have very different use cases.

Comparing them is really not worthwhile at all as they are serving two different paths in crypto. And we should be grateful for the existence of these two important networks in the crypto community.  And of course, we are indebted with the creation of bitcoin network, where it all began. There will be businesses that will benefit from eth network while there are some that will stick to bitcoin. It relies on what type of business and customers they are looking at. Eth as you pointed out, DApps and DeFi will be their major customers while businesses that do think of the popularity aspect, will prefer bitcoin.

[sheenshane]

This has been discussed so many times asking if Ethereum will overpower, surpass, or whatever the term they used or something overtake the current situation. As I can say, maybe not maybe yes, the time comes there is an improvement happen, the two leading cryptocurrencies has also different usage in different aspects. A short insight is Bitcoin is good to store value while Ethereum is for the decentralized network and Defi is a good project that has lately discovered.

IMO, Bitcoin will remain on the top and Ethereum as a leading cryptocurrency of all altcoins. It will take probably more time even how many upgrades this Ethereum had, there is no exact number of market supply while Bitcoin has a fixed supply.

Overpower? let see what will happen but my faith is on Bitcoin.

[thesmallgod]

Ethereum is very evolving and I am very overwhelmed to see the tweet vitalik buterin about possibility of further lowering the transaction fee as part of the project ETH 2.0. This is the reason why I believe with time, we might see a dramatic overtake of the Bitcoin by the Ethereum. I know bitcoin is always favored being the oldest and also has the sole function of being used as a digital currency but when we have another interesting coin with a team that continuously improve the blockchain, I think we might have a rethink

[tsaroz]

Well the current price pull certainly makes it look ethereum is going to moon. But it would be a long time for bitcoin to be dethroned and it would take Ethereum even longer to beat bitcoin. As ethereum is a utility token, it needs to keep its transaction fees and price in check but they can compensate that by beating bitcoin on total market value with a large volume. Ethereum's supply is already 12 times that of bitcoin and with a steady increase in price and supply, they could dethrone bitcoin on the total marketap but it would be nearly impossible for any new tokens to target the bitcoins price.

[Apostlekin$$$]

Bitcoin and Ethereum aren't the same thing, Ethereum is the king of smart contract and that's just it but Bitcoin is more, there are many new coins that has better transaction speed and more advanced tech than these coins but still they can't beat both, investors trust these coins more than any

[Kasabus]

Its hard to see this happening soon, its also hard to give assumptions now since eth is far too behind bitcoin. BTC has a lot of following backing it up and its already established the name and proved its worth. Tho its possible if eth manages to overcome this, but that future is far too beyond. Maybe someday, but not anytime soon.

I have not closed my mind on the possibility that one day, ethereum will dethroned bitcoin and replace its position but it might take more years to wait. Bitcoin is currently enjoying its top position and is gaining more huge gains compared with ethereum so probably, things will not change at these early times. And even if this crypto market keeps on changing, the fact that bitcoin is still the king  of crypto will never be easily changed.

[Rafiqul]

all crypto markets are focused on bitcoin, so I think it is very difficult for ethereum to replace bitcoin, in the development maybe many large projects that use the ethereum network into their projects, obviously it will benefit ethereum as well in the future, only a few are less good namely transaction fees expensive and high, the problem they cannot solve is how to make it cheaper

While many projects are now using the Ethereum network, this is certainly a positive thing for Ethereum. Ethereum developers are also launching Ethereum 2.0. Even then I think the crypto world is still dependent on Bitcoin, with the rise and fall of Bitcoin prices affecting the crypto market. So I believe Ethereum will not be able to surpass Bitcoin in the near future.

[mersal]

The blockchain and cryptocurrency industry is an industry that is constantly changing and evolving. So it’s hard to give you a binary answer inmy opinion. I honestly love both the projects.

However when I look at it from a larger perspective, I realize that the industry is rapidly changing and the top project maybe something we least expect. I see a lot of development happening in the Web3 ecosystem with respect to Polkadot. I see new projects like Concordium which are exploring new paradigms like Faas( Finality as a Service ) and are backed by years of Academic Research. DeFi is changing the way we know Finance.

If there is one thing we can learn from the industry, its that change is the only constant and BTC is King. It has always been.

Ofcourse Ethereum is very innovative, it is infact one of the most innovative projects out there, but BTC will continue to dominate unless Ethereum brings something so huge that it will lead mass adoption and will be seen a better store of value than BTC. Ethereum was never intended to be a store of value.

Tokens created on ethereum blockchain will never allow it to reach after some level but this is not the case with bitcoin but it doesn't mean we have to skip ethereum.Both are good projects but keep in mind that tokens and other shit coins which also comes under altcoin so overall it will get affected when bitcoin dominance keeps increasing.

[Phoenix_PROG]

Bitcoin is a stand alone cryptocurrency but ethereum is a blockchain that other tokens runs on, the difference is clear and also looking at their features they are totally not the same thing, I don't think ethereum will be able to beat Bitcoin because the interest on Bitcoin is huge than that of Ethereum

[qwertyup23]

I do not think so.

Although the introduction of Ethereum has addressed and solved most of the problems related with bitcoin, what separates them completely is the amount of people that are willing to purchase such cryptocurrencies in the market. The price of ethereum compared to bitcoin is significantly high which I do not think that the former will overtake in the long future.

The only thing I envision that might dethrone bitcoin as the reigning cryptocurreny if countries provide a massive prohibition, regulation, or ban on bitcoin. From there, people would be constrained to purchase and its price will slowly decrease. But this is very hypothetical which I do not see will happen anytime soon.

[jacafbiz]

I am on the winning side, I am here to make money and the rest is secondary. I do not choose side because there is money to be made on both side. I believe some people behind Bitcoin think they are acting in the best interest on Bitcoin but they have chased new blood away from the community. You need to let people experiment and through this people will fill welcome