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Author Topic: Can Eth flip BTC and why this is good?  (Read 341 times)
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November 06, 2021, 12:48:51 PM
 #21

If that is about the percentage, ETH can rise more than BTC but I doubt that ETH can beat BTC price as BTC price now is $60k while ETH is at $4,3xx. The ETH holders can sell their ETH at the high peak to take their money from the investment and buyback ETH at a low price.

But when BTC prices drop, ETH prices will also drop as BTX is the leader in the crypto market. So ETH will behind on BTC but BTC and ETH is the best investment for us.

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November 06, 2021, 04:17:47 PM
 #22

Vilosically, btc was created earlier than et. but if you look at the increasing progress that has occurred, eth is indeed showing greater progress than btc. it all happened because most of the people use eth as their daily transaction tool

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November 06, 2021, 06:44:13 PM
 #23

Even it goes 2x, it will never flip btc.
It seems like he never thought that way bro, so it still makes the impossible fantasy happen.
It will never happen for sure.

Guys, stop that mindset. It's not going to be healthy for you to keep thinking like that. We like both of it and ethereum will never get a glance of top 1.
It is clear, because Ethereum will always be in the order as it is now by following the Bitcoin mainstream in the market, so it becomes difficult for Ethereum to overtake Bitcoin which is already at the top.
It won't overtake bitcoin and what's more plausible is to be overtaken by another altcoin on its 2nd spot.

It should even be worried with other chains that are under it because of continuous development.
Underneath Ethereum right now is BNB which is growing day by day with useful programs on the Binance exchange, so it's clear that's what the real Ethereum side should be concerned about.
Yeah, it is what I'm saying that it could be replaced by another project that also thrives to make it better.

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November 06, 2021, 08:16:30 PM
 #24

Vilosically, btc was created earlier than et. but if you look at the increasing progress that has occurred, eth is indeed showing greater progress than btc. it all happened because most of the people use eth as their daily transaction tool
Are you sure about what you are saying ? because if you know when BTC was discovered and know how many times it has increased in price, then you wouldn't say this because overall BTC has increased more than ETH which even still depends on BTC at all times.

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November 06, 2021, 09:32:11 PM
 #25

If that is about the percentage, ETH can rise more than BTC but I doubt that ETH can beat BTC price as BTC price now is $60k while ETH is at $4,3xx. The ETH holders can sell their ETH at the high peak to take their money from the investment and buyback ETH at a low price.

But when BTC prices drop, ETH prices will also drop as BTX is the leader in the crypto market. So ETH will behind on BTC but BTC and ETH is the best investment for us.
I believe it is the ranking based on marketcap that he is talking about. The reality is that ETH did get close, not right there but it did get close and I can assume why people think that it is possible to do something like that. However reality is that even if it gets close that doesn't mean that we are going to see it flipped.

Plus, it is not really a good thing, I am fearing that if BTC ever loses the top spot, it may come crashing down, the whole deal of bitcoin is the fact that it is at the top, otherwise neither the blockchain nor the idea is good enough now that everything else improved so much, hell even SOL has better blockchain than ETH right now and yet it is lower. So, it is only about being listed at the top so far, and if it loses that perk then it may actually end up going lower and lower and we may not be able to stop it, which will in return hurt the crypto market.
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November 06, 2021, 10:51:50 PM
 #26

Vilosically, btc was created earlier than et. but if you look at the increasing progress that has occurred, eth is indeed showing greater progress than btc. ~
What kind of progress we are talking about here? Market cap? Value? Or mass adoptions of both?

~ it all happened because most of the people use eth as their daily transaction tool
Not too sure about that, with the rising fees of ethreum networks these days I bet lots of people have avoided using ethereum networks as daily transactions particularly for small players who couldn't bear with how fluctuates of its fees.
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November 07, 2021, 02:24:05 AM
 #27

Bitcoin has touched All time High and now investor are feeling little but fear that they are buying Bitcoin at high prices.
Eth prices increases because its Upgrade is coming. Also as we know Eth is smart contract and when any coin success in goal and make attention so this have Direct effect on price of Etherium.
Bitcoin is launching its Upgrade and trying to create smart contract which can be Huge for bitcoin. If true very hard fir Etherium to flip Btc then.

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November 07, 2021, 08:33:04 AM
 #28

~
Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
ethereum holders will only enjoy the price increase that occurs from ethereum, while for bitcoin reversal, I don't think ethereum will be able to do that. In fact, when you look at the percentage increase in price, maybe the price of bitcoin has increased not so high, but in fact the price of bitcoin is very high. even a few percent increase, it will have a very large effect on the price.
other than that, for now, I'm pretty sure that ethereum also continues to depend on bitcoin. if the price of bitcoin falls, the price of ethereum could fall even more than bitcoin. no matter how passionate people are about ethereum, I'm still pretty sure that it won't replace bitcoin with ethereum.

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November 07, 2021, 04:26:59 PM
 #29

In this issue my answer is that both coins are best but it not easy we can say that ETH flip BTC because anyone easily see that BTC is very strong in this time of ETH everyone use and love of BTC so BTC is very best so this is absolutely rong ETH flip BTC.

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November 07, 2021, 09:59:22 PM
 #30

Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?

Surely those excited people are traders. Smiley

Eth holders, or any other token holder, will be happy see his holdings going higher, including btc holders who won't surely be infected by the Ethereum flip (if any).

But for the long term run, i think it's not a realistic expectation as it's yet based on the charts made in a certain time. For the simple reason that Eth situation is more fluctuated than bitcoin by all terms.

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November 07, 2021, 10:05:31 PM
 #31

until now ETH is still in its choreograph and snagging BiTCOIN is impossible.... because in terms of blockchain and the amount in circulation is very different. bitcoin will probably remain number 1 in terms of value, transactions and holders in this digital world... . which may happen in the future eth will be taken by bnb's position as one of its rivals in the current network

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November 07, 2021, 10:56:45 PM
 #32

until now ETH is still in its choreograph and snagging BiTCOIN is impossible.... because in terms of blockchain and the amount in circulation is very different. bitcoin will probably remain number 1 in terms of value, transactions and holders in this digital world... . which may happen in the future eth will be taken by bnb's position as one of its rivals in the current network
The question everyone should be having is that whether any other project will flip Ethereum in the long run simply because everyone using the project are tired of the high transaction fees. BNB and other chains are getting popular and  i wont be surprised if users starts avoiding ETH if they do not sort out the network issues.
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November 07, 2021, 11:01:26 PM
 #33

until now ETH is still in its choreograph and snagging BiTCOIN is impossible.... because in terms of blockchain and the amount in circulation is very different. bitcoin will probably remain number 1 in terms of value, transactions and holders in this digital world... . which may happen in the future eth will be taken by bnb's position as one of its rivals in the current network
The question everyone should be having is that whether any other project will flip Ethereum in the long run simply because everyone using the project are tired of the high transaction fees. BNB and other chains are getting popular and  i wont be surprised if users starts avoiding ETH if they do not sort out the network issues.

Maybe, that's one possible scenario if people got tired of waiting about the reduction of gas fees. However, it seems the sentiments of the community is the opposite as eth is continuously going up. So they are hoping that one day, eth team will decide to rectify their long-running issue with gas fees.
But surpassing BTC, I don't think it will happen in the years to come. BTC has established its position and large population of crypto users will prefer btc over eth. Though they have different usage in this market, but btc is still deemed popular among all these cryptocurrencies.
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November 08, 2021, 05:13:00 AM
 #34

Most retail people and TikTokers these days, when they enter crypto they don't invest in Bitcoin or even Ethereum. They want to 100x their money so what they do is they want to buy NFTs and flip them or they want to buy some low cap DeFI coins to get that nice 10-100x gain instead of buying bitcoin where the most they can earn is what? Maybe 20-50% profit?

So to flip NFTs or deal with low cap DeFI trading you will need Ethereum, hence why the demand for ETH goes up. So the price goes up. With Bitcoin its different. There are no NFTs or DeFI on the bitcoin blockchain so nobody is buying it. Plus its way too expensive. Way better buying a $0.0000001 low cap coin which can go 1000x rather than bitcoin which is already very expensive.

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November 08, 2021, 06:49:26 AM
 #35

In this issue my answer is that both coins are best but it not easy we can say that ETH flip BTC because anyone easily see that BTC is very strong in this time of ETH everyone use and love of BTC so BTC is very best so this is absolutely rong ETH flip BTC.
Actually, the impossible doesn't need to be discussed, because BTC and ETH have been in the cryptocurrency line for a long time, and from the past until now ETH has not been able to beat BTC even though that is the main goal of all coins, but what needs to be considered by ETH now is against other coins besides BTC.

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November 08, 2021, 07:15:23 AM
 #36

In this issue my answer is that both coins are best but it not easy we can say that ETH flip BTC because anyone easily see that BTC is very strong in this time of ETH everyone use and love of BTC so BTC is very best so this is absolutely rong ETH flip BTC.
Actually, the impossible doesn't need to be discussed, because BTC and ETH have been in the cryptocurrency line for a long time, and from the past until now ETH has not been able to beat BTC even though that is the main goal of all coins, but what needs to be considered by ETH now is against other coins besides BTC.

There have been many altcoins created to beat Bitcoin and to this day none have succeeded. Including Ethereum since its creation until now it has not
been able to beat Bitcoin, but at least Ethereum is still the best altcoins. You are absolutely right, rather than Ethereum thinking about beating Bitcoin,
it's better if Ethereum is worried about other coins trying to beat Ethereum. Now the performance of BNB is starting to show a significant development,
so Ethereum must immediately solve the problem related to high gas fees, so that BNB does not have a chance to beat Ethereum. Because
Bitcoin somehow always dominates the market and for now it is impossible for Ethereum to beat Bitcoin.

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November 08, 2021, 08:20:56 AM
 #37

Currently the ethereum ecosystem is already very large and NFT and defi are supporting it
but I don't see ethereum will be able to shift the dominance and position of bitcoin as the king of crypto

ethereum still has many shortcomings everywhere, that's one of the reasons why it won't be able to shift bitcoin

besides that ethereum will not be able to slide other altcoins

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November 08, 2021, 04:24:18 PM
 #38

I think no, ETH could be a good thing, except for the ability to surpass bitcoin, it won't resist very serious purported effects on outside black/white conspiracies.  Only bitcoin can achieve that.  A real power for the market leader - the king.  Of course, bitcoin is doing fine as it should, and any price near 100k - 200k reflects that fact.

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November 08, 2021, 05:56:36 PM
 #39

However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.

Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
price rise more on ethereum in the last 7 days ,does't mean can flip bitcoin in price and capitalization ! good for holders yes because in the long term the price will rise high but still will not be able to flip bitcoin in the present or future ,regarding the price an cap of bitcoin will always be a leader

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November 08, 2021, 06:07:13 PM
 #40

I think no, ETH could be a good thing, except for the ability to surpass bitcoin, it won't resist very serious purported effects on outside black/white conspiracies.  Only bitcoin can achieve that.  A real power for the market leader - the king.  Of course, bitcoin is doing fine as it should, and any price near 100k - 200k reflects that fact.
bitcoin to 200k takes quite a while to reach that target, the end of this year do not have high expectations for me 100k is very extraordinary and even then sometimes it is only temporary and does not last long. what often happens is that large pumps that often happen will be wasted, because there many people will sell on a large scale...?

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