What if Bitcoin is overtaken by Ethereum in market cap?

[hodlftw]

Such cycles are referred to as “flippening” I am not surprised and do not faint when it happens, a phenomenon that often occurs in the crypto market, such as: crypto A overtook Crypto B, but this phenomenon never happened to Ether and Bitcoin, it's been almost 13 years.

From year to year Bitcoin always keeps a good value, you can say digital gold is the main point, Bitcoin is also backed by many big investors around the world, to be used as a crypto asset in their portfolio, so what I want to say is: although Ether wants to overtake Bitcoin's position long enough it can happen, In my opinion, because the largest and largest market capitalization from year to year in crypto asset storage is Bitcoin, so investors trust Bitcoin as the most secure asset in the world than Ether, so if you want to see the phenomenon of Ether replace Bitcoin's position, maybe you need 50 years in the future, but can't guarantee and ensure that it can happen.

So, from now on you save as much Ether as possible, maybe 50 years from now, your dream will come true.

I'll take the under on that. And btw, Ether hasn't been out for 13 years so you can't throw that comparison out there. It has been out for 6 now, and in that time has outperformed Bitcoin. Nothing to say it can't flip it in the coming months (which I think will undoubtedly happen), and also nothing to say that tarnishes BTC reputation moving ahead. I envision a market where BTC does not need to be #1, yet still operates and functions as the reserve asset of this market and the gold standard.

[yazher]

Almost every year this question has been asked by random users who don't seem to know the reality of cryptocurrencies. Some others compared it to Gold and Silver which barely make sense because of their current price but in the meantime, before raising this kind of question, we should nag Ethereum Network about their poor development on their gas fees which is until now, hasn't been resolve yet. thanks to the big-time investors who don't care about the gas fees and leave it as it is because they want to rush their transactions even though they will pay some huge gas fees with that.

[Wawa2013]

Almost every year this question has been asked by random users who don't seem to know the reality of cryptocurrencies. Some others compared it to Gold and Silver which barely make sense because of their current price but in the meantime, before raising this kind of question, we should nag Ethereum Network about their poor development on their gas fees which is until now, hasn't been resolve yet. thanks to the big-time investors who don't care about the gas fees and leave it as it is because they want to rush their transactions even though they will pay some huge gas fees with that.

I agree only newbie and people who lack knowledge about crypto world, who will ask Bitcoin will be overtaken by Ethereum or other coins. Whereas
for people who have been in the crypto world for a long time, already understand Bitcoin will not be overtaken by any coins. Bitcoin is too strong
to be defeated by any coins, in fact many projects have been created to replace Bitcoin, but all ended in failure. Moreover, Ethereum also has
drawbacks, one of which is very high gas fees. So for now it is too impossible for Bitcoin to be overtaken by Ethereum. That's why investing
in Bitcoin is very safe and profitable, because until now Bitcoin is still the best in the crypto world. We can invest in any coins, but the largest
percentage must be in Bitcoin.

[Beparanf]

Almost every year this question has been asked by random users who don't seem to know the reality of cryptocurrencies. Some others compared it to Gold and Silver which barely make sense because of their current price but in the meantime, before raising this kind of question, we should nag Ethereum Network about their poor development on their gas fees which is until now, hasn't been resolve yet. thanks to the big-time investors who don't care about the gas fees and leave it as it is because they want to rush their transactions even though they will pay some huge gas fees with that.

Totally agree. Many blind investors still using it because there's still many new promising project is being built on its blockchain. Investors is chasing the profit for being an early investor before the project expand in other blockchain with much lower gas fee like Solana and BSC.

I think it will be better if Bitcoin Dominance will be distributed on other blockchain project to limit price manipulation on crypto. Because its easy to pump and dump the whole crypto market by controlling only the price of Bitcoin. All altcoins right now is still directly relying on Bitcoin price due to it's high dominance in the market.

[bitterguy28]

Almost every year this question has been asked by random users who don't seem to know the reality of cryptocurrencies. Some others compared it to Gold and Silver which barely make sense because of their current price but in the meantime, before raising this kind of question, we should nag Ethereum Network about their poor development on their gas fees which is until now, hasn't been resolve yet. thanks to the big-time investors who don't care about the gas fees and leave it as it is because they want to rush their transactions even though they will pay some huge gas fees with that.

I labeled post like this as  "Impossible Question" imagine that each year  or earlier this question arise and we are delivering same answer that Bitcoin cannot be taken over by Ethereum with their  kind of development.
they cannot even release  the 2.0 version? so how come that we can imagine Ethereum to break away against bitcoin.
this will never happen lol.

[realcrypto]

It is impossible for any other cryptocurrency to overtake bitcoin, where are all those altcoins that the price was higher than bitcoin example YFI. It is not by price it is about trust people have built around bitcoin over time.

[peter0425]

though i know this is impossible to happen lets say "What If" ?

If ethereum overtake bitcoin meaning the blockchain technology is not that popular and people withdrawn their support towards this.

Meaning Ethereum wont even last long before being overtake again by other currencies , same scenario again and again. so it is not that to happen .

[macson]

If any other currency can surpass Bitcoin, there must be a reason for it.

if there is any other cryptocurrency that can surpass bitcoin then it's just a fantasy.  how can the first cryptocurrency and have loyal holders be surpassed by ethereum which still has many shortcomings?  altcoins can shift the ranking of other altcoins but the position of bitcoin will not be able to be shifted.

[Zanab247]

Base on what I saw in the market cap few days ago show that bitcoin will still remain the best coin in the market cap. Despite the massive dumping both bitcoin and altcoin in the market, no altcoin can take the position of bitcoin in this season of celebration. Bitcoin still have more population than ethereum despite the surprise move of ethereum in the market cap few weeks ago that make many investors think ethereum will become number one in the market cap.
Many investors are still making more money from bitcoin investment than ethereum which it gass fee is more higher than bitcoin in the market.

[azhariejaya]

actually, a great rally from ethereum always follows a great rally from bitcoin, the topic of flippening that was busy talking about when eth almost overtook the bitcoin market cap, this flippening does not only apply to ETH but all altcoins, and I think, this is impossible considering the price rally of altcoins always follow the price rally of bitcoin, bitcoin will always be at the top of the marketcap.

[Bonenx14]

It is impossible for any other cryptocurrency to overtake bitcoin, where are all those altcoins that the price was higher than bitcoin example YFI. It is not by price it is about trust people have built around bitcoin over time.

Overtaking Bitcoin is not only seen in terms of the price per unit, but also must be seen from the amount of volume circulating in the market or in the marketcap in general, if it is bigger, then anyone will be in the top position, but from what has been seen Now the Bitcoin volume is always bigger than others, it means that Bitcoin is still very much liked in cryptocurrency.

[Koro-Sensei]

Or any other alt coin for that matter? I'm wondering if and how it would damage/tarnish Bitcoin's reputation as the Gold standard of all cryptos. I believe it may also affect how institutions view bitcoin, and it may even affect the idea of digital scarcity. No longer can we assume that bitcoin (or its usurper) will remain #1 forever, so how can you imagine it as a safe long term store of value or preserver of wealth? Is the idea of true digital scarcity threatened if bitcoin loses it's #1 rank?

For example, I imagine it would be like silver flipping gold's market cap, (which is practically unthinkable)  however, this event would forever alter how gold is perceived, especially by new potential investors.

The fact that ETH has no total supply and even its founder doesn't really know how much ETH is in circulation, then the idea of it surpassing BTC is just a dream. Institutions and even countries support BTC not ETH due to BTC dominant
decentralised traits. However, if this happens, it will really affects how people see BTC. It would change what the criterias for digital gold will be.

[Cling18]

It could possibly happen since we can't also deny the fact that Ethereum has a huge potential to strike higher in the future but I don't think it would affect Bitcoin negatively. Any altcoin could rise higher than Bitcoin but no coin could tear it down since it is well established and built with a firm foundation. Bitcoin will always be the king of all cryptocurrencies.

[el kaka22]

For how long? That is a very important question that needs to be asked in this topic. If it passes bitcoin for 10 days and then goes back and never passes it or at least doesn't for many years, then it doesn't really matter at all.

For a little while it will impact the market shortly but in the end it will stop impacting it for a long time. Then there is a chance that it passes bitcoin and it doesn't lose that position for years, in that case we are talking about something major, maybe even crash of bitcoins importance and all other altcoins stop caring about bitcoin and ignoring it. In that case maybe coins will be looked at ETH pairs along with USDT instead of btc and usdt right now, or we may even start an individual situation for each coin which could be interesting. All in all, what happens will depend on how long ETH will stay on top.

[leverageguy]

I doubt if anything such would ever happen. Bitcoin is on the top of the stack and it’s difficult for any other cryptocurrency to reach that place. I have high hopes from ethereum also but don’t think that it will ever be able to overtake bitcoin.

By the way, to be on the safer side, I have put my money in both of them- bitcoin and ethereum. Just waiting for the right time to make a big move.

[michellee]

I doubt if anything such would ever happen. Bitcoin is on the top of the stack and it’s difficult for any other cryptocurrency to reach that place. I have high hopes from ethereum also but don’t think that it will ever be able to overtake bitcoin.

By the way, to be on the safer side, I have put my money in both of them- bitcoin and ethereum. Just waiting for the right time to make a big move.

Putting the money in both bitcoin and ethereum will be great as both bitcoin and ethereum can give us profit in the future. I do not imagine what will happen if bitcoin is overtaken by ethereum in the market cap but as long as bitcoin still lead the market, that will not happen. But just in case that happens, that can change the crypto market to a new thing. We know everything is possible, although that is hard to happen to bitcoin so we need to use the benefit and take as much profit as possible before the chance is gone.

[livingfree]

I doubt if anything such would ever happen. Bitcoin is on the top of the stack and it’s difficult for any other cryptocurrency to reach that place. I have high hopes from ethereum also but don’t think that it will ever be able to overtake bitcoin.

By the way, to be on the safer side, I have put my money in both of them- bitcoin and ethereum. Just waiting for the right time to make a big move.

It won't happen, don't worry.

These questions are usually coming when someone has that thought and wants some answer to know what other people think when that happens.

Whether it's just a situational question, there's still some curiosity that builds on our minds.

[Ozero]

It could happen and it wouldn't take anything away from Bitcoin; probably besides newbies thinking that it's not the "best cryptocurrency" anymore. If it's the case that it happens, Bitcoin will still remain most secure simply because of it being simple and doing it's one job really well.

In a market where there's peak speculation, it just makes sense for Ethereum to overtake Bitcoin by marketcap(most probably temporarily) simply because you can do a lot more speculation with the Ethereum chain(NFTs and tokens and stuff).

I disagree with the statement that if ethereum overtakes bitcoin in terms of capitalization, it will still not take anything away from bitcoin. If ethereum is ahead of bitcoin in terms of capitalization, this will also mean that ethereum will already dominate the cryptocurrency market. True, if the superiority of ethereum over bitcoin in terms of capitalization is insignificant, then it will not be particularly noticeable in the level of dominance. Already various experts in this market have expressed their opinion that this can happen.

[EmmaGod]

It would be very difficult for ethereum to overtake bitcoin, I really don't see it happening anytime soon. Btc holds over 40% of the entire coin market and ethereum holds only about 21%. This implies that Bitcoin is over 100% more than ethereum in terms of market capitalisation.

[Olayinka2225]

I don't think this is ever possible, that's why it is called altcoin. In price, in market cap, in volume, in 24he's volume or market cap, I don't think it can ever overtake bitcoin