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Author Topic: ETH could take over.  (Read 575 times)
so98nn
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August 12, 2022, 04:00:14 PM
 #81

It would be risky asset for institutional investors because it’s emission is unlimited and it can get out of demand very quickly. In fact it is more volatile than bitcoin and no institutional investor would risk their clients money at such high volatility.

On the other hand bitcoin makes up perfect investment asset due to its limited supply and ever increasing demand for the same.

I am pretty sure even if there decoupling, BTC stays the best target.
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August 12, 2022, 04:13:19 PM
 #82

It seems that it still takes time to beat Bitcoin, if we count then the Bitcoin marketcap is still 2x from ETH, but a good thing is this week the increase in ETH is more than 14% while Bitcoin is only 2%, if the trend like a week continues to repeat then I'm sure the end of 2022 the difference Marketcap with Bitcoin is no more than 10%.
maybe bitcoin could be altcoin in this mid bullish trend, it eth price could maintain its growth another altcoin will follow. Strong fundamental that released and eth fork be main trigger at this moment. Eth price currently maintain from dump although btc dumped.this year will be golden moment for eth.
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August 13, 2022, 11:02:34 AM
 #83

Perhaps by now we should now why is there a hype on ETH right? it's because of the merger, a move to POS model for their network. And then you have to ask yourself, do we think that it is enough news and hype to overtake BTC?

Yes, it's the second biggest crypto, but we can't just simply see a power shift just because they will have the biggest and important event in their history. I will admit that it should be the news of the year specially if it will become very successful, but it's not enough to dislodge BTC if that's what their proponents is trying to drive at.

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August 13, 2022, 05:24:22 PM
 #84

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen

It is a paradigm shift. Ethereum is leading current mini rally of crypto market because final date of merger has ben announced as mid September-22., This news has created new enthusiasm in ccrypto maket & even other alts like Matic has gone almost 100% up during the past 2 weeks.I think Ethereum price might reach $2500 by mid September. Once Ethereum merger process is completed successfully, then we might see some correction in its price. DYOR









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August 13, 2022, 05:50:19 PM
 #85

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depends on Ethereum but the whole market depends on BTC, what do you think will happen
There is no way Ethereum can take over Bitcoin which had been in existence in the market since the beginning of the crypto world. Well Ethereum has so much importance and uses compared to Bitcoin but still yet Bitcoin will still continue controlling the market as long as the cryptocurrencies market exist. There are other good crypto projects like Ethereum too which will still be in competition with it just like the BSC network. All this coin projects are there to compete with Ethereum not Bitcoin in particular.

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August 13, 2022, 07:36:25 PM
 #86

I think ETH and BTC can now be compared to gold and silver in traditional markets. Both coins have the highest market demand, but ETH will not displace BTC like silver will not displace gold. I think this discussion is useless, because BTC always was and always will be No.1 and all other altcoins come after it.

No, they can't be compared like that... not if you know at least something about how BTC works and what ETH can do! Different dimensions!

If this happens and Ethereum becomes a better target for institutional then it is finished

And when will that be? Last year I decided to stop using ETH and their tokens, after years in the Ethereum world, I assume as many others! We who really use crypto find some other chains much better, read cheaper and faster transactions! Why would we pay so high fees on ETH chain when we can do the same on some other chain?!

I am afraid if Ethereum doesn't do something fast it will be taken over by some other similar projects that are making incredible progress in the last years!

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August 13, 2022, 07:54:07 PM
 #87

ETH will never ever be worth more than bitcoin ($ value). That’s my simple prediction for you, I could get boring & talk about POW being a million times better than POS but I won’t.

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August 13, 2022, 08:02:49 PM
 #88

After drop suddenly under $1,000 last few weeks ago right now ETH success break out $2,000 and most profitable if you have been an investor on ethereum coins, looks good alternative way when investing with ethereum because price always break up and have chance back to higher price again if bitcoin success touch higher price above $30,000. Ethereum looks consistent reaching higher price if bitcoin not get drop suddenly but best time keep reinvesting with ethereum when get moment at lower price. I think few days later if bitcoin keep stable reaching higher price actually ethereum will allow with bitcoin price and make higher price again above $2,000.

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August 13, 2022, 08:26:27 PM
 #89

Af far as I can see with the price chart of Bitcoin and Ethereum, both is almost the same so I wouldn't say that eth could take over. For now, it won't happen but who knows that in the future it will take over BTC yet no one will know when that will happen. All I can say is that Bitcoin is the father of all cryptocurrency so, taking it over won't be an easy task in my opinion. You didn't even provide the analyis you did that you said eth is decoupling from btc.

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August 13, 2022, 09:44:45 PM
 #90

Am I the only one seeing that ETH is decoupling from BTC? If this happens and Ethereum becomes a better target for institutional then it is finished, many altcoins depend on Ethereum but the whole market depends on BTC, what do you think will happen

I think yes, you're the only one seeing such a thing for now. Ethereum has a big potential but it can't reach the same path as Bitcoin. Ethereum has had huge development for years but it can't take over Bitcoin because Bitcoin is also continuously growing and being known and adopted in most corners of the world. Eth still has a lot to prove and things to go through before it surpasses Bitcoin's spot.
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August 13, 2022, 09:51:05 PM
 #91

ETH will never ever be worth more than bitcoin ($ value). That’s my simple prediction for you, I could get boring & talk about POW being a million times better than POS but I won’t.
^ Definitely right and I agree with you.
It seems we have heard hundreds of articles or even here comparing both BTC and ETH, I did not see any potential of the ETH that can surpass BTC at all.
It is always a matter of supply and demand and I think ETH cannot do that, regarding the technology behind BTC, it always has an advantage on the BTC side and I think that is the best asset.
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August 14, 2022, 06:42:06 PM
Last edit: August 14, 2022, 06:52:30 PM by ItsCrafty
 #92

One important thing is that you just have to think that all the coins have their specificity. Bitcoin and ethereum both are assumed to be advantageous coins and in coming month they will be hopeful to give lots of revenue to its users. May be ethereum rise in price than the bitcoin but there is no surety as the condition of market is not constant it is unpredictable.

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August 14, 2022, 07:10:20 PM
 #93

These days Ethereum continues to be green and becomes a trigger for the market, if this happens until the end of the month then I am optimistic that the price of ETH can reach $ 2000 and this makes me optimistic that the target of $ 3000 this year can be achieved, and to be able to pass Bitcoin, of course it needs a surprise that bigger because marketcap is still half of Bitcoin

I think that Ethereum is on its way to gaining more trust from organizations around the world, although the update will make it more centralized and controlled by a few influential people (Whales).
The world's policies tend to reduce energy consumption in general as a necessary step as long as the exploitation of clean energies is not currently sufficient to meet the planet's energy needs. Therefore, many legislations will aim to reduce the current consumption.

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August 15, 2022, 12:57:41 PM
 #94

ETH will never ever be worth more than bitcoin ($ value). That’s my simple prediction for you, I could get boring & talk about POW being a million times better than POS but I won’t.

Up to date, there is no coin can beat bitcoin value in cryptocurrency market.
Even for Ethereum that have #2 position in the market, it still can't beat bitcoin. Im afraid the Ethereum value will go down after PoS.
PoW coins are usually more valuable than other coins that have different algo.

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