BITCOIN FUTURE IN DOUBT

[Bitwave01]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

[stompix]

According to research note published by CryptoSlate.

It's not a research, it's the opinion of an exchange:
https://cryptoslate.com/blofin-believes-spot-ethereum-etfs-will-drive-short-term-surge-in-eth-prices/
And ignoring the fact that it's a second-rate exchange if not third, also heavily invested in promoting meme coins it's also one of those articles made for clickbaiting and promotion.

Stop believing what every 20 words per $ "analyst" writes nowadays on the internet.

[_act_]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

Where did you get this rubbish information from?

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

If this the information you are talking about, the speculation of the ETF that I read about is that ethereum ETF can go up to  $15 billion. But did you know the market cap of bitcoin? It is in trillion dollars.

[Z-tight]

I don't know if you are trying to spread fud here, a possible ethereum spot etf is surely attractive to speculators who like to gamble for short term returns, but how does that have anything to do with the future of BTC.

And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

Can you prove this, or your proof is that 'it was written in the article.' Things like this isn't new, just the way so many coins were called 'the next BTC,' but you know how most of them ended.

[DaveF]

Can you prove this, or your proof is that 'it was written in the article.' Things like this isn't new, just the way so many coins were called 'the next BTC,' all other crap / scam coins but you know how most of them ended.

Fixed your post a bit.

The best way to look at it is the global market cap of all crypto is $2.25 trillion of that BTC is $1.2 trillion. So every other coin added together is LESS then the value of BTC

I would be more concerned about ETH taking a dive as more and more people who are staking it @ 4% give or take https://www.blocknative.com/ethereum-staking-calculator sell it off and move to a CD making over 5% https://www.synchronybank.com/banking/cd/

Back of the napkin round number math. You need 32 ETH to stake and at the moment ETH is at $3400 so 32ETH * $3400 = $108800
Now $108800 * the 1% you are giving up is $1088
As ETH goes up in value your loss from staking @ 4% vs CD rates goes up as well.

BTC will be fine.
Alts will keep being crap alts.

-Dave

[Psalms23]

I get the worry, but Bitcoin ain't goin' anywhere anytime soon. Sure, some investors are eyeing Ethereum, especially with that ETF buzz and its potential to spike in value. But Bitcoin’s still the OG, the gold standard of crypto. It's the most recognized, trusted, and has that store-of-value appeal.

Ethereum's got its own strengths, especially with smart contracts and DeFi, but Bitcoin's stability and security keep it solid. Folks might diversify, but Bitcoin's role as digital gold isn't just gonna disappear. I thnk theres no need to panic just yet.

[Solosanz]

Bitcoin's 24 hours volume is around $21-$22 Billion and Ehtereum's 24 hours volume is around $11-$12 Billion, today it's still on that range, there's nothing changed.

I'm not denying the speculation about Ethereum ETF launch will increase Ethereum price, but it doesn't enough to threaten Bitcoin. The only chance for Ethereum to beat Bitcoin was in 2017, but they can't and I believe they will never ever beat Bitcoin.

[PrivacyG]

The future of Bitcoin is great.  And I do not know where you got this silly rumor from, but I very much doubt any other Cryptocurrency will take the number 1 spot on the Market.  Ethereum could have a good long term future due to the ETF, but this means nothing when the future of Bitcoin looks even shinier.  Where is the evidence that investors are selling Bitcoin in preference for Ethereum?

[tranthidung]

The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

You must ask yourself that what did you know about history of Ethereum Spot ETF applications and approvals. Bitcoin succeeded first to have Bitcoin Spot ETFs in January 2024 and months later, Ethereum took advantage of it, to have Ethereum Spot ETFs.

I can say, without fear that I am wrong, that there will be no chance for Ethereum Spot ETFs if Bitcoin does not have Bitcoin Spot ETFs. In future, if any milestone is made in cryptocurrency market, it will again be from Bitcoin, then Ethereum or other altcoins will follow.

So if you doubt about future of Bitcoin, you have more reasons to fear about future of Ethereum.

[Wiwo]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

This is nothing other than altcoin hyping and a low level schil from who soever this article come up from, many of the time, gullible people are the target pf this so called low budget article writers who can publish almost everything just to earn a few cent, this is the level their are right now, bitcoin does serves as the best long term investment and future store of value that it relevant in the market will ever remain active and not replaceable.

Memecoins may be making some name in market,  but those names are just short term speculations, but bitcoin already have long term progress record going tontwo decades now and it relevance is still very intact and in the future bitcoin will break more records in terms value increase.

[BitGoba]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

Bitcoin and Ethereum are two different things. Bitcoin is a  monetary network and hard money without inflation in digital form. On the other hand, Ethereum is something like a centralized company managed by a small group of people. In my opinion, Ethereum is a scam because they use the Bitcoin narrative to deceive people into buying their pre-mined ETH. When Ethereum was launched, it started with a pre-mine of 70 million ETH. They previously claimed to be the world computer, and now they claim to be ultrasound money, etc. This cannot be sound money; it is just like fiat money where a small group of people in the central committee determines monetary policy. So far, they have changed the supply policy seven times, and just a month ago, they entered into high inflation again. Anyone who understands economic principles knows that harder money always wins, just like in mathematics 2 and 2 are 4. Bitcoin is the hardest money the world has ever seen. Bitcoin competes with gold and real estate, not with tech companies like Ethereum, and it is likely to surpass the market cap of gold in the next 10-15 years. As for the future of Ethereum, it is likely that a better company like Solana or Kaspa, etc., will emerge and surpass them.

[jrrsparkles]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

It's just a piece of clueless information created by the Ethereum shillers and there is no such thing is happening the dominance of bitcoin is still over 50% so whatever you are saying is just a crap that should not be spread anymore. And Bitcoin ETF is also still in the market that's previously approved before ethereum so if institutional investors look for ETF then their priority will be on Bitcoin ETF.

[kryptqnick]

Ethereum has been #2 for a while, but I don't think it has real prerequisites to seriously become #1. Its capitalization is significant, but it's still way too small to compete with Bitcoin. In fact, it's a mere third of Bitcoin's capitalization. Ethereum had its time of fame during the ICO boom of 2017, and then maybe a couple of times more. But it's perceived more as a platform than as a currency, so Bitcoin is still getting much more trust and attention as a standalone currency rather than a platform for something else. And there's no good reason for that to change. Not to mention that BTC being PoW vs ETH being PoS makes the former more decentralized.

[BitGoba]

The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

You must ask yourself that what did you know about history of Ethereum Spot ETF applications and approvals. Bitcoin succeeded first to have Bitcoin Spot ETFs in January 2024 and months later, Ethereum took advantage of it, to have Ethereum Spot ETFs.

I can say, without fear that I am wrong, that there will be no chance for Ethereum Spot ETFs if Bitcoin does not have Bitcoin Spot ETFs. In future, if any milestone is made in cryptocurrency market, it will again be from Bitcoin, then Ethereum or other altcoins will follow.

So if you doubt about future of Bitcoin, you have more reasons to fear about future of Ethereum.

The ETH ETF is likely the result of high corruption. ETH is a security issued by a group of people, and I believe that according to American laws, an ETF cannot be granted for securities but only for commodities. If we look at the history of ETH's creation and consider that the ETH foundation is essentially something like a company with Vitalik Buterin as the CEO who manages the company's operations, it is unclear under which law the SEC approved the ETF for ETH.

[justinlamode]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

I do not see this happening, maybe you can add more details to this claim of investors shifting to Ethereum and ditching Bitcoin. How can this even happen when Bitcoin have increased its market dominance to over 53% just recently; this simply means there is more interest in Bitcoin now than ever. If you also recur that Bitcoin ETF was just approved, you will understand why there is more interest and confidence in Bitcoin than Ethereum.

I have not seen any response of the Ethereum price to the massive buy you are trying to convince us to believe, ETH is just following the path of BTC as usual so your concerns might just be unnecessary distractions.

[jcojci]

That will be their choice. We can't forces them to be Bitcoin investor. If they wants to be the ETH investor, that will be up to them and maybe they have their own analysis so we can lets them chooses what they wants. I still wants to be Bitcoin investor and will not sells my Bitcoin at a low price because I wants to makes a big profit from Bitcoin. I can holds my Bitcoin for a long time as I already did that from the last ATH.

No problem if you doubt with the future of Bitcoin but I still believe that Bitcoin have a bright future. But as you know that Bitcoin investor is also ALT investor and they have many coins besides of Bitcoin because they use Bitcoin for a long term investment and ALT as a short and medium investment. It is a choice for every people.

[Plaguedeath]

It's true that the Bitcoin future is still unknown, Bitcoin was created to escape from banks and government, but the bigger Bitcoin is, it looks like impossible for the government and banks not taking action about Bitcoin.

But, if you doubting the Bitcoin future just because Ethereum ETF will launch, it's really a big joke for me. Ethereum is no longer favorite for altcoiners, they move to Solana.

[Kelward]

The future of Bitcoin is great.  And I do not know where you got this silly rumor from, but I very much doubt any other Cryptocurrency will take the number 1 spot on the Market.  Ethereum could have a good long term future due to the ETF, but this means nothing when the future of Bitcoin looks even shinier.  Where is the evidence that investors are selling Bitcoin in preference for Ethereum?

Fact check is that Bitcoin stands alone at the number one spot of the crypto ranking and Ethereum comes at a distant second, so there's no how that you can compare their market caps. I believe that it's a pro Ethereum analyst that is shilling it to eth believers and nothing serious to consider or worry anybody that is hodling Bitcoin. The OP could not provide any link or proof to show evidence that Bitcoin investors are selling theirs to buy Ethereum, so the assertion is baseless and not to be taken seriously. Publications like this is what will mislead newbies who are new in Bitcoin investment and they will sale their BTC because of it to buy second rated eth.

[Ndabagi01]

What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

Who is shifting their focus away from bitcoin? That’s not true and you shouldn’t believe everything you come across online because they’ll deprive you of the real news and make you believe in some other illegitimate news just for the main purpose of being at their advantage. Investors are not selling bitcoin in their possession and you shouldn’t sell just because you heard in the news that such is happening. I have strong believe that it is all for their own benefits that this propaganda is being shared and nothing more. So when believing in a news, check the source and know how reliable they can be.

[OgNasty]

While I do think that the coming ETF will do wonders for the value of Ethereum, that doesn’t necessarily mean that Bitcoin will lose its shine. This could very well be a case of a new emerging asset class attracting investment from traditional investors. As such, diversified options aren’t the worst thing. A rising tide lifts all boats.