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Author Topic: What if Bitcoin is overtaken by Ethereum in market cap?  (Read 464 times)
Boardmangetpaid
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December 11, 2021, 02:20:00 AM
 #61

If that happens anytime soon. Then the real crypto war would begin. And only those with good fundamentals will succeed, meme coins like DOGE and SHIB will be gone. IMHO.

I'm ready, my portfolio is full-packed with low mcap altcoins with high possibility to go to top 100. $URUS and $CHAIN are currently my favorite along with $ARNX and $ASM
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December 11, 2021, 03:08:13 AM
 #62

This will not have a big impact on Bitcoin. Bitcoin plays the role of a giant in cryptocurrency. Now the development of Ethereum is indeed getting better and better, but Bitcoin is also developing for the better. If Ethereum surpasses Bitcoin, the usage rate of Bitcoin may be lower than it is now. But some people will still choose Bitcoin.
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December 11, 2021, 03:30:39 AM
 #63

I see it only as speculation that will not happen, because in my opinion even if eth will take over power over bitcoin it doesn't feel like it will last long, because it has been a long time since bitcoin was born and until now no other type of coin has been able to beat  Bitcoin's market cap is number one, bro.
And until now there has been no other coin that has been able to beat the Bitcoin market cap because Bitcoin has a very large market cap and its value often experiences spikes in the market which makes it difficult for its competitors to overtake it in the top positions.

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December 11, 2021, 06:04:04 AM
 #64

Bitcoin and Ethereum share similar feature of being a cryptocurrency but they have their peculiarities, while Bitcoin is basically used for transactions and store of value, Ethereum's main selling point is it's usage for deploying smart contract tokens.
Although marketcap is useful in introducing newbies to Cryptocurrency, old timers are still very familiar and still use coins such as Monero, Zcash, Dash, Tron, etc that used to be top coins but are no longer in the top 20.
Bitcoin will continue to serve it's purpose irrespective of it's marketcap leadership status.

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December 11, 2021, 10:57:24 AM
 #65

I see it only as speculation that will not happen, because in my opinion even if eth will take over power over bitcoin it doesn't feel like it will last long, because it has been a long time since bitcoin was born and until now no other type of coin has been able to beat  Bitcoin's market cap is number one, bro.
It is precisely because bitcoin has been the number one cryptocurrency for too long that this can happen. Bitcoin is now the slowest in transactions of all cryptocurrencies. He also has one of the most expensive. Ethereum addresses the same flaws with an unprecedented upgrade for a year now, including the move from PoW to PoS. This could allow ethereum to bypass Bitcoin in terms of capitalization. Already this year, ethereum is showing good results, including a 230 percent price increase over Bitcoin.

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December 13, 2021, 10:07:46 PM
 #66

On the one hand, I see that it is possible for Ethereum to overtake Bitcoin as it is more innovative and it is capable of performing much more functions than Bitcoin. On the other hand,people trust Bitcoin more than any other currencies, they use it not only as investment,but also as a means of payment, so I it gains more and more popularity within time. The question is whether this tendency will continue or not.

It does not matter at all if ethereum can do one thousand different things and bitcoin only one, bitcoin can do that one thing in a masterfully way and that is more than enough for bitcoin to remain at the top, we are in times of crisis and what it is needed more than ever is a strong and hard currency, and bitcoin does exactly that, so the demand for bitcoin will always be there as there is no coin that is anywhere near bitcoin when it comes to adoption, while ethereum could always lose some ground against new coins that do in a better way some of the things it does.
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December 13, 2021, 10:13:40 PM
 #67

as crazy as it seems, ETH's marketcap is increasing a lot every day now it's us:

BTC = $885,524,198,420

ETH = $447,374,809,482


source: https://coinmarketcap.com/

at this rate in a few years ETH may be number 1, but that won't be the end of the world, but we also have to take into account that if many projects disappear then this ETH marktcap may not be able to surpass bitcoin

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December 13, 2021, 10:33:51 PM
 #68

Although it may be possible, but the possibility is very small. The cap of BTC and ETH are far enough, ETH is only about a half of BTC. Additionally, Bitcoin is the first and the most valuable crypto asset. So, I will think that everyone moreover BTC holder will never let other cryptocurrencies to pass its market cap. Although Ethereum will also grow and rise up its market cap, BTC will also do the same.

And we have known so far, some coins also always state about the next Bitcoin, the one that can pass Bitcoin and others. They may pass in the price, but will not be longer such as YFI, and they cannot still also pass the market cap of Bitcoin itself.

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December 28, 2021, 09:22:04 AM
 #69

No one can predict with certainty whether it will happen or not, because we will not know what will happen in the future.
Bitcoin is still 2 times bigger than Ethereum and now Bitcoin will take Ethereum as a serious competitor here.
So I think Bitcoin's profit in the future will be greater than Ethereum and Ethereum is only able to compete but will not replace it and this story has been around for a long time and until now has not happened because it is only able to compete.
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December 28, 2021, 09:32:54 AM
 #70

IMO, I think it's not going to happen even in the next five years time because there are many factors to be considered before that so-called flip will happen, for example, the total supply can be also a factor because Bitcoin has only 21 million fixed supply and Ethereum will be a hundred of millions more so that simple data can be one of the major reason why it will not happen.  
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