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Author Topic: Is ethereum taking the crown from Bitcoin as ehtereum reaches $4000  (Read 340 times)
Kunnu
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September 04, 2021, 01:48:12 PM
 #21

The whole cryptocurrency market is in positive state these days no negative news around which could effect the market that's why some top altcoins are giving good performance like ETH anyways according to my estimate Bitcoin will be forever on top and I don't think there is any other cryptocurrency which can beat Bitcoin in terms of market capitalization.
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September 04, 2021, 02:15:22 PM
 #22

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

King is only one!!  Grin

Taking the market seriously, Bitcoin holds its position due to its popularity. However, as the years go by, people who are interested in cryptocurrencies see, that Ethereum has much more potential in practical use. I think that in 2-3 years there is a chance that Ethereum 2.0 will catch up with Bitcoin its market capitalization.

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September 04, 2021, 02:43:25 PM
 #23

BTC will remain No.1, if Ethereum is growing after hard fork then BTC will also double in coming years after halving is coming and Ethereum will remain below the BTC and will never cross the BTC.

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September 04, 2021, 03:32:55 PM
 #24

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

Both BTC and ETH have separate fan base.
It would be better if we not compare both the coins.
If you think too then also it’s impossible for ETH to ever cross BTC.
Btc is itself the major and father crypto, no coin in the future will ever cross the price.
Yes if ETH rises, then BTC will also surely rise.

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Valak
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September 04, 2021, 10:37:47 PM
 #25

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

I don't understand how you mean that Ethereum is taking over the Bitcoin market. If we look at the trading volume, the Ethereum volume is always below the Bitcoin volume. Taking over the market should of course be seen on a daily volume basis. Not to mention we are talking about a marketcap which is still very far from Bitcoin.
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September 06, 2021, 09:00:08 PM
 #26

The ethereum market has hit its highest price since 2021 yesterday when it was sold at 4k before correcting down again, if the present trend continues very soon ethereum is going to go above $4000.



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September 07, 2021, 07:08:49 PM
 #27

The ethereum market has hit its highest price since 2021 yesterday when it was sold at 4k before correcting down again, if the present trend continues very soon ethereum is going to go above $4000.
Ethereum just like Bitcoin could not hold the new price of yesterday for long before crashing down this morning, I believe the 3k has a very strong resistance for ethereum is going to take a lot of market push to cross and stay above the 4k region in the future.

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September 07, 2021, 10:57:20 PM
 #28

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

Nope.

Bitcoin serves the purpose of being a store of value and that's that. ETH has other functionalities.

It's futile trying to just compare them on the basis of market cap. But I don't think that a flippening is going to happen any time soon - perhaps after eth2.0 comes out but even then the first mover advantage of bitcoin and its sheer adoption figures is still significant.

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September 07, 2021, 11:10:13 PM
 #29

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

I don't understand how you mean that Ethereum is taking over the Bitcoin market. If we look at the trading volume, the Ethereum volume is always below the Bitcoin volume. Taking over the market should of course be seen on a daily volume basis. Not to mention we are talking about a marketcap which is still very far from Bitcoin.

The market cap of ETH is only almost about half of bitcoin and even reaching the $4k price range, won't make it surpass bitcoin. And remember, when eth attained its ATH this last May, gaining about $4356 price, which is more than the OP's target price, eth did not surpass bitcoin. So the answer is very clear here. The $4k level will not overpower bitcoin.
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September 09, 2021, 10:50:01 AM
 #30

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

Nope.

Bitcoin serves the purpose of being a store of value and that's that. ETH has other functionalities.

It's futile trying to just compare them on the basis of market cap. But I don't think that a flippening is going to happen any time soon - perhaps after eth2.0 comes out but even then the first mover advantage of bitcoin and its sheer adoption figures is still significant.
That I agree with you on, bitcoin is the real store of value but what about the other market possibilities that ethereum may have.



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September 09, 2021, 11:13:13 AM
 #31

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

Nope.

Bitcoin serves the purpose of being a store of value and that's that. ETH has other functionalities.

It's futile trying to just compare them on the basis of market cap. But I don't think that a flippening is going to happen any time soon - perhaps after eth2.0 comes out but even then the first mover advantage of bitcoin and its sheer adoption figures is still significant.
That I agree with you on, bitcoin is the real store of value but what about the other market possibilities that ethereum may have.
Ethereum can be the next real store of value, but people still prefer to use bitcoin than ethereum. The ethereum price is more volatile than bitcoin because ethereum follows behind bitcoin so when bitcoin is down like what we saw, ethereum and the other coin will just follow. Many altcoins follow to go down and it is waiting for bitcoin price increase again so the altcoin will also follow increase.



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September 09, 2021, 11:15:19 AM
 #32

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?
How could a 4k run of ethereum become a sign of taking crown from Bitcoin? lol i think you are making some big jokes here because the chance of breaking bitcoin from rank number 1 means a coin must have at least Trillion capitalization  Grin

I know Ethereum is one great coin and this project really makes tons of money for many investors .

but that doesn't mean number rank will be entertain at all cause this soon.

The ethereum market has hit its highest price since 2021 yesterday when it was sold at 4k before correcting down again, if the present trend continues very soon ethereum is going to go above $4000.
dob't forget that bitcoin also hit the highest value this year and that is 64,000 dollars.

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September 09, 2021, 11:36:22 AM
 #33


Ethereum can be the next real store of value, but people still prefer to use bitcoin than ethereum. The ethereum price is more volatile than bitcoin because ethereum follows behind bitcoin so when bitcoin is down like what we saw, ethereum and the other coin will just follow. Many altcoins follow to go down and it is waiting for bitcoin price increase again so the altcoin will also follow increase.
that's what mostly happens in the crypto market. Bitcoin's dominance is still unbeaten and that causes bitcoin price movements to affect the overall crypto market conditions. including ethereum assets.
ethereum has grown to be a great asset. it is natural for everyone to speculate highly on the future of this asset. but to align with the functional bitcoin of course everyone will still choose bitcoin no matter what.

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September 09, 2021, 11:40:02 AM
 #34

The ethereum market has hit its highest price since 2021 yesterday when it was sold at 4k before correcting down again, if the present trend continues very soon ethereum is going to go above $4000.
Chances are that's the case and I'm even more confident that Ethereum will be nearing $5K in price this year if the market improves so much that it supports price increases across all exchanges.

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September 09, 2021, 06:43:51 PM
 #35

in what way did ETH take over the market from Bitcoin? Can you explain more clearly?
So far, when I monitor the condition of Bitcoin and Ethereum prices, when Bitcoin prices go up, Ethereum only moves slowly with a small percentage. When the price of Bitcoin fell like yesterday September 9, 2021, all Altcoins fell by a large percentage, including Ethereum. So, please explain in what way did Ethereum take over the market from Bitcoin?
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September 09, 2021, 07:12:53 PM
 #36

currently price of ethereum is good it's also thanks to bitcoin ,the turnover of the exchange dominates the price power ,until now bitcoin is king and it has not been kicked by any altcoin including its rival ethereum ,the current condition and situation is still safe
in what way did ETH take over the market from Bitcoin? Can you explain more clearly?
So far, when I monitor the condition of Bitcoin and Ethereum prices, when Bitcoin prices go up, Ethereum only moves slowly with a small percentage. When the price of Bitcoin fell like yesterday September 9, 2021, all Altcoins fell by a large percentage, including Ethereum. So, please explain in what way did Ethereum take over the market from Bitcoin?
Maybe he meant to take over the market in the top 1 in all crypto markets

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September 09, 2021, 08:16:41 PM
 #37

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

No matter the price growth of Ethereum, it can't overtake Bitcoin or take over the market from Bitcoin, are you seeing the huge gap between their market cap, that's an indication that Bitcoin will continue to keep a lot of coins in check. To make it even more interesting, even if Ethereum reaches $5k and a fud entered the market targeting Bitcoin, as Bitcoin is dropping in price it is taking the entire market with it, that's the power Bitcoin have over the entire market. However, it is good to acknowledge the price and development of Ethereum over the months, the team have really put in great work and efforts, and from the recent market growth, it shows everything paid off well.

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September 09, 2021, 10:04:46 PM
 #38

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

I don't understand how you mean that Ethereum is taking over the Bitcoin market. If we look at the trading volume, the Ethereum volume is always below the Bitcoin volume. Taking over the market should of course be seen on a daily volume basis. Not to mention we are talking about a marketcap which is still very far from Bitcoin.

The market cap of ETH is only almost about half of bitcoin and even reaching the $4k price range, won't make it surpass bitcoin. And remember, when eth attained its ATH this last May, gaining about $4356 price, which is more than the OP's target price, eth did not surpass bitcoin. So the answer is very clear here. The $4k level will not overpower bitcoin.

Yes. I'm not saying that ETH will take over Bitcoin. Maybe you can understand from my explanation. What you need to respond to with that explanation is what the OP said, not what I said. I'm responding to what the OP said about ETH going to take over the Bitcoin market.
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September 09, 2021, 10:53:09 PM
 #39

If you have been following the market lately ethereum has been showing some sign of bullish nature even when Bitcoin was struggling around 47k what can we expect as ethereum finally reaches $4,000 is ethereum taking over the market from Bitcoin what are your opinions on the present cryptocurrency market condition?

Nah if bitcoin tanks so will eth you can be sure of that.  Always has always will, no matter what people want to hear eth is just another altcoin.  In the past bitcoin dips so does eth.  Bitcoin controls the entire market momentum up or down.

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September 09, 2021, 11:02:36 PM
 #40

Bitcoin dictates how the market sentiments will be like and already as we all know there was a slight dip which saw bitcoin go down pulling all other altcoins with it into the deep which is a clear indication that bitcoin is still king and will call the shots.
As for Ethereum let's give it some credit, it is the king of altcoins and that is something no altcoin will take away from it but won't dethrone btc.

R


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