mig6r
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June 24, 2021, 03:34:06 PM |
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If Ethereum scales strongly and maybe even more than most investors expected, I think it is not impossible. Out of a sudden all applications would have the perfect platform to go to and that might drive the price up a lot. When full POS is rolled out with more scalability solutions and there is an ever-growing need for gas it is very attractive for investors to hold onto Ethereum.
in principle it is true what you said that investors will determine whether ethereum can also develop well as desired. maybe after a new system starts to come and the benefits that investors want, anything can happen and the ethereum platform gets stronger and many continue to take advantage of it. but the problem is ethereum is catching up with time because now many other platforms are popping up due to their own effect. if this is ignored, it is likely to be constrained and difficult to imagine because there will be many platforms that can be used by adjusting the price to what is needed. You shouldn't forget that it is harder to sail big ships than small ships. Changing directions or speeding up is much easier with smaller blockchains that are not as popular. Those claiming they could roll out updates faster are simply not as big as Ethereum is. As soon as they reach the size of Ethereum's network all other projects will run into the same coordination problems when it comes to rolling out upgrades or protocol changes.
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conected
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June 24, 2021, 05:49:21 PM |
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There are many theories put forward, and many people have good thoughts on Eth, personally I also think this coin is very good however I do not think it will surpass bitcoin. What can't compete in this market is BTC and nothing will happen.
- Many people and ethereum are probably obsessed with the dream of pursuing and dominating the crypto system and the only way to ignite this path is to hit bitcoin directly but bitcoin's successive assertions also point to it being the only one in power here, I can see ethereum's persistence and stubbornness to this path but unfortunately, Bitcoin is also not someone who can be easily bullied and weak in the face of persistence, it is also the one who is the most resilient to the market so far.
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killerfrost
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June 25, 2021, 04:07:37 AM |
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There are many theories put forward, and many people have good thoughts on Eth, personally I also think this coin is very good however I do not think it will surpass bitcoin. What can't compete in this market is BTC and nothing will happen.
- Many people and ethereum are probably obsessed with the dream of pursuing and dominating the crypto system and the only way to ignite this path is to hit bitcoin directly but bitcoin's successive assertions also point to it being the only one in power here, I can see ethereum's persistence and stubbornness to this path but unfortunately, Bitcoin is also not someone who can be easily bullied and weak in the face of persistence, it is also the one who is the most resilient to the market so far. I agree with you on BTC's dominance over this market so far, and I also think that in the future there will be no coin to replace it. It is possible that ETH is doing very well in this market, but the factors necessary for it to surpass BTC are unlikely.
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Mihawk
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June 25, 2021, 11:55:46 AM |
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It's not impossible, but it won't happen. Maybe there will even be a new coin or another coin that will surpass the BTC, but this coin is certainly not ETH. The economy, a structure that has already developed around the BTC, is enormous and this won't be affected so easily. There are many factors that inhibit current prices, but in 10 years if you have to bet on who will survive and still be number 1, betting on ETH is really being very brave.
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mig6r
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June 25, 2021, 04:46:27 PM |
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It's not impossible, but it won't happen. Maybe there will even be a new coin or another coin that will surpass the BTC, but this coin is certainly not ETH. The economy, a structure that has already developed around the BTC, is enormous and this won't be affected so easily. There are many factors that inhibit current prices, but in 10 years if you have to bet on who will survive and still be number 1, betting on ETH is really being very brave.
Nothing is impossible of course, but realistically speaking it will be hard to surpass Bitcoin anyway. It could happen though because there is some intrinsic incentive to it. If Ethereum gets closer, there could develop something similar to self-fulfilling prophecy. The closer Ethereum gets, the more the people are excited to see Ethereum surpass Bitcoin.
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sapnu
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June 25, 2021, 06:28:15 PM |
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There's nothing wrong with making such assumption but considering bitcoin and ethereum's history for a very long time, I don't think 10 years would enough for ETH to surpass bitcoin's market cap. Bitcoin is continuously evolving and even its popularity is growing wider considering what happened to El Salvador and if ever that becomes successful, other countries would follow leading to more success for bitcoin. ETH is not that far as well as close but still amongst other altcoins, it was the only one that was able to stay behind bitcoin for a very long time.
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Joca97
Legendary
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Activity: 3612
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Cashback 15%
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June 25, 2021, 09:47:31 PM |
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It's not impossible, but it won't happen. Maybe there will even be a new coin or another coin that will surpass the BTC, but this coin is certainly not ETH. The economy, a structure that has already developed around the BTC, is enormous and this won't be affected so easily. There are many factors that inhibit current prices, but in 10 years if you have to bet on who will survive and still be number 1, betting on ETH is really being very brave.
Nothing is impossible of course, but realistically speaking it will be hard to surpass Bitcoin anyway. It could happen though because there is some intrinsic incentive to it. If Ethereum gets closer, there could develop something similar to self-fulfilling prophecy. The closer Ethereum gets, the more the people are excited to see Ethereum surpass Bitcoin. I agree,its really hard for Ethereum to surpass Bitcoin. For all the new users that get to know crypto all of them first use Bitcoin and once they start learning more about crypto they start to consider Ethereum first. But mostly everyone starts with Bitcoin and they only heard about bitcoin. 95% of people heard about bitcoin and the other 5% know about Bitcoin and Ethereum. Bitcoin is the most known cryptocurrency in the world and will probobly stay like that for 10-20 years.
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alevlaslo
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June 25, 2021, 09:49:39 PM |
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Sale the first NFT of the first foto
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macson
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June 25, 2021, 10:50:13 PM |
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ETH with its high gas fee will not be able to shift the position of Bitcoin, Bitcoin is the strongest cryptocurrency and forever will be. There's nothing wrong with making such assumption but considering bitcoin and ethereum's history for a very long time, I don't think 10 years would enough for ETH to surpass bitcoin's market cap. Bitcoin is continuously evolving and even its popularity is growing wider considering what happened to El Salvador and if ever that becomes successful, other countries would follow leading to more success for bitcoin. ETH is not that far as well as close but still amongst other altcoins, it was the only one that was able to stay behind bitcoin for a very long time.
El Salvador has sacrificed themselves to be the first country to recognize BTC as a currency and if they succeed then a domino effect will be created and ethereum will have no hope of shifting BTC.
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Fatunad
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June 26, 2021, 11:59:00 AM |
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It's not impossible, but it won't happen. Maybe there will even be a new coin or another coin that will surpass the BTC, but this coin is certainly not ETH. The economy, a structure that has already developed around the BTC, is enormous and this won't be affected so easily. There are many factors that inhibit current prices, but in 10 years if you have to bet on who will survive and still be number 1, betting on ETH is really being very brave.
Nothing is impossible of course, but realistically speaking it will be hard to surpass Bitcoin anyway. It could happen though because there is some intrinsic incentive to it. If Ethereum gets closer, there could develop something similar to self-fulfilling prophecy. The closer Ethereum gets, the more the people are excited to see Ethereum surpass Bitcoin. The thing with bitcoin is that it's total supply capped at 21 million that without counting all the lost bitcoin meanwhile ETH total supply keep increasing day by day, just multiply the total supply with the price then ETH could have chance to surpass BTC in the future, but that's only if BTC price stagnant, if BTC keep increasing and reaches $100K like people speculated, then it's gonna be even harder for ETH, BTC market cap could go up and down very drastically within short amount of time. Total supply is one of the main factors and of course the demand because everything would really be varying or depending on it because no matter how big or small it is then it will still be varying with the support the community gives.Nothing is impossible here on crypto and nothing do last forever on the peak spot but basing and observing on how bitcoin perform since from the start until now after a decade then its really hard to believe on that it would be easily be replaced by ETH but we cant also deny that ETH is really a good altcoin which did really have that significance into its existence.
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