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

[ije07]

if talking in terms of price, recently YFI was one of the Defi coins that had a high selling value above the BTC price. but I am not saying that BTC is bad, BTC is one of the best coins among them. I have never had any doubts or concerns about storing BTC & ETH for a long time either. both of these cryptoqurrencies are profitable investments.

[Lorokan]

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.

It is true and evident that etherum is throwing waves and increasing altcoins dominance against bitcoin, and it is also easy to admit that DeFi are sending shock waves to how we see finance and know finance, but neither etherum or DeFi is able to overpower bitcoin. Bitcoin has been strong, leading, and surviving for over a decade and as a strong and firm believer of consistency, i believe that a short term fuse and hypes about DeFi changing the face of finance, and etherum sudden movement is not enough to usurp bitcoin on the longer run.

Because in the end, both you and me would prefer to get paid in Bitcoin, and not DeFi or etherum

[bobyhodob]

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

of course ethereum can never beat bitcoin but other coins still have the potential to beat bitcoin, bitcoin is just an old coin and has a relatively large supply, so it will be difficult to make the price go up, so bitcoin can be defeated with coins that have supply is less than bitcoin and has a very high demand.

[Bezobraznike]

   I invest in Bitcoin and in Ethereum, I am trying to be on both sides! Whoever wins the top place will be good for me, and it's
what diversifying means, you never hold all of your eggs in one basket.
   I believe that it will stay the same, Bitcoin will be first, Ethereum will be second, but if that changes I will be secured. It will be
good for many of us who have more Ethereums than Bitcoins.
   It's not on me to take sides here, I hope both will have great future, different projects with different purposes, why not to have
both and secure your future.

[Botnake]

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

of course ethereum can never beat bitcoin but other coins still have the potential to beat bitcoin, bitcoin is just an old coin and has a relatively large supply, so it will be difficult to make the price go up, so bitcoin can be defeated with coins that have supply is less than bitcoin and has a very high demand.

Bitcoin does not have a large supply compared to some altcoins which has billions of supply.

I agree, ETH can't beat bitcoin despite of the hype because Bitcoin also rises with the hype and investor's choice when the market is bearish is just to put their money on bitcoin as it's the most stable in the market.

Let's look at the market for awhile, despite the fact that ETH looks very bullish thus far but bitcoin still own more than 50% dominance, and that's owned as that dominance is not against ETH only but the entire altcoins.  Per report in CMC (https://coinmarketcap.com/), ETH has around 14% dominance only.

[Shallow]

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.

The truth is both Bitcoin and Ethereum has contributed a whole lot to the growth of the entire crypto space, on one hand, Bitcoin made the crypto space possible while on the other hand, Ethereum makes the further expansion of the crypto space possible. But irrespective of that, one of the wonderful features or attributes of Bitcoin is that, it is the most trusted and secured of all coins, now owing to the fact it is more trusted, in my own opinion makes it perfect as the best coin which will continue being on top. Yes Ethereum is decentralized, but not as decentralized and trusted like Bitcoin.
Therefore to attempt to answer the question, I do not think any  other coin have the capability to overpower Bitcoin, not Ethereum or any other coin. Talking of most projects today, they are only driven by hype but Bitcoin is driven by a much higher purpose.

[lebregone]

Even if we will side to Ethereum but the big whales or investors will side to bitcoin then we cannot do a thing about it even in the future. But if the users can overtake the big whales holding then that is the time that crypto prizes can't be monopolize easily.

Right now, most of the crypto are very dependent to bitcoin price but if I were to side. I will definitely choose bitcoin even if it has plenty of disadvantages as it is the
King of crypto currencies.

[Cryptocurrency Hunter]

Ethereum is unlikely to beat Bitcoin in the future,It inherited some of the features of Ethereum from Bitcoin, so Ethereum can go up like Bitcoin but cannot beat Bitcoin. This is my opinion. )

[Swordsoffreedom]

If you look at daily settlement value, you will see ETH already surpassed Bitcoin in settlement value, I've never seen such kind of things before. Over the past few months, DeFi liquidity mining has been causing significant turmoil in the crypto market. The DeFi project has given a new impetus to Ethereum. All types of ETH based project like DeFi, tokens, stable-coin are supporting ETH to overtake BTC.

[DarkDays]

Bitcoin and Ethereum are two completely different things.... They're not in competition with one another.

What you're essentially saying is "Will electricity overpower the dollar in the future?" Ether is a gas unit used to power the Ethereum virtual machine (EVM), whereas Bitcoin is a store of value and transactional unit of value. They are not equivalent, even though they are both cryptocurrencies.

Ethereum arguably has more use cases than Bitcoin, hence why it has grown so fast. It's also not competing with banks or other massive centralized institutions like Bitcoin is.

I think Ether will achieve a higher market cap than Bitcoin at some point, but that by no means it has overpowered it. When it comes to payments, it's all bitcoin baby.

[livingfree]

Ethereum can go to the path just like bitcoin of being a store value. Look to the POS, as you have said a change is constant but bitcoin will remain.

While for Ethereum, when it's already activated as a POS. Being it as a store of value is about to start. I'm looking forward to it. I'm on both sides, I like and have them both.

[dataispower]

Honestly Ethereum has been a very huge project with many innovations since launched, but there is no way it can every overtake the king (BTC) in future. This is because the market of BTC is way up and many people regard BTC as store of value. Most people lock profits in BTC just for instance.

[Lunatic_Pandora]

Technologically, it did it a long time ago (just like there are other coins superior in tech to ETH already) but in price and market adoption? Who knows, it could happen but it will probably take a long time, especially since there's not the same amount of institutional investment in ETH yet. Impossible? No, but very hard road ahead. Diversify and win :-D!

[Keeng Daveed]

Nay! As for me, I think Ethereum can not over power or overshadow Bitcoin. Bitcoin is a very great coin and it has made it's way high. But Ethereum can be like the younger sibling of Bitcoin but I doubt if ETH can ever overpower BTC.

[Tucho]

I think Bitcoin will be overtaken eventually. Perhaps not by ETH, but cryptos still have a long way to go and they will evolve. Bitcoin isn't perfect, and there are more advanced coins.

[Pamadar]

Honestly Ethereum has been a very huge project with many innovations since launched, but there is no way it can every overtake the king (BTC) in future.

It's been a long time since this been tacled and still bitcoin still on top and ETH was been overtake by Ripple.
It's really the trust from most investors who placed bitcoin still on top.

This is because the market of BTC is way up and many people regard BTC as store of value. Most people lock profits in BTC just for instance.

Most people both investors and those who are enjoying using bitcoin as currency still believes with this crypto
it will be more tough for ETH and the chance is still slim to overpower bitcoin.

[justdimin]

Ethereum is awesome, I love ethereum, I think it will go up in price a lot as well, it is definitely undervalued right now and if you have any money to invest to it I say it is much better to invest into ethereum right now instead of investing into bitcoin because eth could do 3x in the next 4 months where I see bitcoin not making that much stride.

However there is no way ethereum could surpass bitcoin overall, sure a faster increase sooner but that doesn't mean that it will pass it, we are talking about 25x or so increase while bitcoin staying still, that is not realistic. 25x increase is not something to scuff at, that is record breaking by almost 10 times and I do not think that something like that could happen while the market just sits around and watches it doing it.

[helloinox]

Maybe when Ethereum sort of the problem of high fees spike then we can finally see it have mass adoption. If not then I don't think Ethereum could overpower and pass Bitcoin. I'm on any side that brings benefits to crypto as well as profits to me. Right now, Ethereum have a lot of works that need to be done if it plans on overpower Bitcoin as I said above.

[FairUser]

I think Bitcoin will be overtaken eventually. Perhaps not by ETH, but cryptos still have a long way to go and they will evolve. Bitcoin isn't perfect, and there are more advanced coins.

Never mate, though bitcoin's technology is outdated. But I do not believe that any altcoin will ever surpass it. Bitcoin is the first cryptocurrency in this market and it is slowly becoming rare, Bitcoin represents cryptocurrency so I believe it will always stand in this market.

[GWS My Boy]

that possibility could have happened because  imminent ranking which is close besides that both coins have a high demand in the market
and there are always good updates, my speculation took a long time to prove all of this