Eth could take over BTC or not

[S3300]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

[Nrcewker]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

I don’t think Eth can takeover BTC. I mean , I have often seen people claiming that using of ETH is more complicated due to it’s separate blockchain and smart contracts etc. On the other hand BTC is as simple as that.
We can also compare BTC and ETH popularities and marketcap. These shows how more people are attracted towards BTC.
Moreover BTC are limited in supply, this drives more people crazy about Bitcoins and hence they are fond of storing or buying more BTC than ETH.
So I don’t think OP, it never gonna happen.

[Tessyb]

I don't see ethereum taking over bitcoin. They are actually two different projects with different use case. Bitcoin has its purpose to serve which is a means of exchange and settlement of debt, ethereum on the other hand has a use case for providing smart contracts and it has been great at it.

[Desscount]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

I think converting Ethereum PoW to PoS will not work well for the future, because we know that Ethereum can be priced at $1000 like it is now because Ethereum is a lot of people like it,
one of the advantages of Ethereum is mining and it is already being mined all over the world,
if Ethereum switch to PoS, then what happens to the miners?

[smartaction]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

i didn’t think Ethereum can takeover Bitcoin in any way. it can possible for eth to increase there position and gain more Market cap but is totally impossible for eth to overtake bitcoin price or bitcoin marketcap .

[Jackl87]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

Well at the moment the marketcap of Bitcoin is "only" a little more than twice the amount of the marketcap of Ethereum, so i don't see a reason why Ethereum should not be able to get the top position from Bitcoin sometime in the not so distant future. That being said, i still think that it won't happen in the next 1 or 2 years and also that it won't happen automatically. Even in this forum there are still a lot of Bitcoin hardcore fans that are saying that every coin besides bitcoin is a sh*itcoin but i think those people slowly but surely become less. If we just take a look at the functionality then of course Ethereum is already king.

[Silberman]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

I have never thought that ethereum has any chance at all of surpassing bitcoin but if anything the transition to PoS makes this definitive, on the surface PoS may seem to be a good option but when you really read about it PoW will always be a better option, and that is of course assuming that everything goes smoothly and ethereum can do so without showing any major issues, because if that happens we could see the price of ethereum going down instead.

[Yiodilly]

It might happen as Eth is widely used on a lot of platforms these days so more & more people know about Eth. However, as it's using a different system with BTC, and I believe that PoW is a better option too. So.. will see...

[inanilujimi]

Maybe switching to POS could increase the marketcap for ETH but I feel like bitcoin can never be replaced, bitcoin has been the king of all cryptocurrencies for a long time. although later ETH will have a limited amount of supply but bitcoin has already set the supply amount long before ETH was created.

[RikandMorty1]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

It all depends on the merge. If it goes well and according to plan then yes ETH can become deflationary and therefore increase in value, another scenario you should keep an eye on is what if the merge didn't go as planned and "unexpected" problems happen? Will it be the end of ETH, and potentially a huge blow to the crypto market as a whole? Only time will tell..

[GreatArkansas]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

For me, this is impossible. This is already proven over time, even when Ethereum first started, most of the time Ethereum is always the number two highest market cap cryptocurrency.
About the upcoming update of Ethereum, Ethereum 2.0, you cannot guarantee that will be the key for Ethereum to become number 1.

Maybe in some aspects, Ethereum will number 1, just like the total transactions, transaction fees, etc.
You can track it here too: https://www.blockchaincenter.net/en/flippening/

[Farma]

I'm pretty sure that ethereum won't beat bitcoin, even when all of its current flaws have been fixed. other than that, I'm also sure that most of the answers from this are the same as mine. however, that's because currently ethereum is also still following bitcoin. the price of ethereum also depends on the movement of bitcoin, and that makes bitcoin the king of crypto. IMO, ethereum will be king for altcoins, but won't be able to beat bitcoin even though nothing is impossible in crypto world.

[Fundamentals Of]

A lot of people are saying this. The term "flippening" has been widespread across social media because of the several upgrades of Ethereum and its shift into PoS. But I don't really believe that Ethereum will be able to overtake Bitcoin. All these new upgrades of Ethereum will probably just make it a lot stronger especially compared to the rest of the altcoin market which are mostly made up of lower quality projects. But we'll never know for sure. My personal take is that it will not overtake Bitcoin but the gap will greatly be reduced.

If this means anything, I guess it's a good time now to also stack ETH.

[hyudien]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

Take over in what way? market? adoption? price? or investors? NO
Bitcoin has something that ETH does not have, the advantage of Bitcoin is not only supply or scarcity, but a more acceptable global level without sole proprietorships, companies, and also one blockchain does not have roots everywhere. Personally I don't think Ethereum can have that place.

[X-ray]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

It's capable even if POS was not coming and ethereum would always be capably to over taking bitcoin. Your expectation was not too high. Ethereum has ever overtaken bitcoin a few years ago but if bitcoin mining become even harder and i think that would be quite difficult for ethereum to over take bitcoin. The key was not post but how to prevent the inflation that happened in ethereum and bitcoin. That means if ethereum was getting fixed on its inflation and bitcoin was also doing it.
I shall remind you that if bitcoin also also becom deflationary assets which lead if the total supply can be less and less.

[LogitechMouse]

Let's make a quick math.
With the current marketcap of Bitcoin, divide it by the current circulating supply of Ethereum, you will get $3,709.73 so in order for Ethereum to be higher than Bitcoin in terms of market cap, Ethereum's price must be higher than $3,709. Do you expect Ethereum to jump more than twice just because it converts from a POW to POS?

Let's be realistic. It will not happen and I believe it will never happen. Ethereum's price movement is still depends on how Bitcoin moves so don't think that Ethereum will take over Bitcoin just because of one single update. There is no guarantee as well that Ethereum's price will jump after the update/s.

There are some aspects where Ethereum is better than Bitcoin and vice-versa but in terms of market cap, no one can take over Bitcoin.

[adaseb]

This was discussed for many years. And there was a time in the past before the Segwit fork that ETH came very close to surpassing Bitcoin market cap, however it never actually surpassed. Because Bitcoin agrees to activate the Segwit fork.

Will it surpass sometime in the future? Who knows. It might or might not. Right now there is too much uncertainty especially with the merge fork. And there are always tons of bugs that needs to be worked out.

[Pelana vreo]

With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.

It's possible, but I don't think it will happen anytime soon, a lot of new projects on the ethereum network are mainnetting and having their own blockchain.
the market cap will eventually decrease and in contrast to Bitcoin, Bitcoin has a large market cap, more than 50% and that's a large capital

[makishart]

It's possible but the thing that makes it quite impossible is you didn't think that once ethereum was going up and then bitcoin will be doing the same thing as well. Let's say that once ethereum will be increasing even faster than bitcoin just like 50% but bitcoin can also did 30% - 40% increase.
that means the possibility for ethereum to surpass bitcoin is always there but it may become the most difficult task for ethereum.
Merged and burn mechanism will not make ethereum instantly surpassing bitcoin in a few months or quarter.

[Gayong88]

I personally believe that Bitcoin will have a long and good future ahead of it and I think it is important to take a long term view. In the long term, Ethereum seems to be in a good position to grow and develop after BTC, Ethereum being one of them https://imgur.com/a/jEvmL6B from the data may be able to describe how the potential in the future.