Bitcoin Forum
September 13, 2024, 10:27:17 PM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: Can Ethereum Flip Bitcoin in Future?  (Read 567 times)
Sebas.tian
Full Member
***
Offline Offline

Activity: 2142
Merit: 176


Hire Bitcointalk Camp. Manager @ r7promotions.com


View Profile
September 12, 2024, 08:20:44 AM
 #61

Quote from: bitbollo
I think that, before answer to this question it should be more useful understand the difference between the two coins.
Once you realize the difference between... you will understand that unless some "external help" (like a government that issue a fixed price for conversion) it would be close to impossible that eth can flip btc.

If you understand the two in your research, there is no way you will not agree with the majority that Bitcoin is more valuable than Ethereum, because Bitcoin has gone round the world more than Ethereum which it will continue to make investors to continue to invest in Bitcoin in the nearest future. For you to agree with other people that said Bitcoin will continue to lead Ethereum in the general market, you have to use this current price in the market to differentiate the two, because the gap Bitcoin is using to gap Ethereum will make you to believe that Ethereum will not overthrow Bitcoin. Do you know that the number of investors moving to invest in Bitcoin daily are increasing more than Ethereum, because they know what they are going to achieve when they hold the Bitcoin for long term.

passwordnow
Hero Member
*****
Offline Offline

Activity: 3066
Merit: 577


Leading Crypto Sports Betting & Casino Platform


View Profile
September 12, 2024, 09:32:27 AM
 #62

Interesting but I don't think that we'll see that. It's more that ETH has more competition than of Bitcoin. But it's true that innovation really drives the market as well and it is one of the factors for what is popular in the tech market along with the crypto market too. The funds that drives them is what people attract the most. So, wherever the money is flowing in then for sure that everyone is also diving into it because there's no other option but to ride the innovation that we're seeing and that's how the trend and hype is being made.

Yep, and different foundations also take notice and getting onto the train or leave it because they think it's not worth it to rally this project or that one.
And, you are right - ETH is a second place at the moment, but it's reliance upon L2's for the projects to come should be resolved eventually.
ETH has been there for quite a while and I think that it shall stay there for years. But we don't know if someonething is going to arise and replace it then but with its looks, that's unlikely.

I hold both and I'm more fond of thinking that ETH might be out of the top 2 someday. Most of coins that are into top 2-10 have been gone long time ago and were replaced by new projects and that's more of the possible scenario to happen than what Nick is thinking. I don't think that we'll see Bitcoin being flipped by Ethereum or any other on trend projects. It's not going to happen at all but what is likely is that the possibility of it that someday we'd see more projects, the actual ones that has gained a lot of traction in the market.

But to say this, I am not convinced at all. I know that it might not last forever but it's more possible to see what I've said. Maybe it might happen when we're gone but I am not looking forward to that day.

Of course. The crypto market changes at a fast pace. Coins that are in the top now, might not be in the future. ETH is no exception. Only BTC is saved because it's the one cryptocurrency that started it all.

With the path ETH is taking, I don't think it will be able to hold the #2 spot for long. Competitors like Solana and BSC are quickly gaining traction. ETH devs should focus on scaling the main chain, instead of forcing everyone to move to centralized L2 networks. I'm talking about Base, Arbitrum, and the likes. Eventually these L2s will face scaling issues as they're limited to the main chain's (L1) transaction capacity. This is just how Bitcoin's Lightning Network works.

By scaling the main ETH chain, fees can remain low forever. Wait times will be reduced, too. Only then, people will find ETH more attractive. And don't let me get started on ETH's centralization issues. The switch to PoS has been nothing but a mess. ETH was more decentralized when it was a PoW coin. I guess ETC is a far better choice. Crypto land often behaves in mysterious ways, so expect the unexpected. Cheesy
That's one of the reasons why other L2 tokens that have came from ETH started to make their own chain and mainnet and that's to solve that scaling issues. But it's not yet too late for ETH devs to make this difference and they can still work on it to be loved by the people. We don't know about the changes in the future but we've seen top altcoins from the past that are nearly forgotten now.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
FortuneFollower
Jr. Member
*
Offline Offline

Activity: 98
Merit: 1


View Profile
Today at 05:24:58 AM
 #63

I hold both and I'm more fond of thinking that ETH might be out of the top 2 someday. Most of coins that are into top 2-10 have been gone long time ago and were replaced by new projects and that's more of the possible scenario to happen than what Nick is thinking. I don't think that we'll see Bitcoin being flipped by Ethereum or any other on trend projects. It's not going to happen at all but what is likely is that the possibility of it that someday we'd see more projects, the actual ones that has gained a lot of traction in the market.

But to say this, I am not convinced at all. I know that it might not last forever but it's more possible to see what I've said. Maybe it might happen when we're gone but I am not looking forward to that day.

Of course. The crypto market changes at a fast pace. Coins that are in the top now, might not be in the future. ETH is no exception. Only BTC is saved because it's the one cryptocurrency that started it all.

With the path ETH is taking, I don't think it will be able to hold the #2 spot for long. Competitors like Solana and BSC are quickly gaining traction. ETH devs should focus on scaling the main chain, instead of forcing everyone to move to centralized L2 networks. I'm talking about Base, Arbitrum, and the likes. Eventually these L2s will face scaling issues as they're limited to the main chain's (L1) transaction capacity. This is just how Bitcoin's Lightning Network works.

By scaling the main ETH chain, fees can remain low forever. Wait times will be reduced, too. Only then, people will find ETH more attractive. And don't let me get started on ETH's centralization issues. The switch to PoS has been nothing but a mess. ETH was more decentralized when it was a PoW coin. I guess ETC is a far better choice. Crypto land often behaves in mysterious ways, so expect the unexpected. Cheesy

I don't see SOL overtaking ETH's place even with lots of innovation incoming due to them having their own problems, but your view is interesting.
Maybe ETH will improve in the future.That would be nice.
betswift
Copper Member
Jr. Member
*
Offline Offline

Activity: 182
Merit: 4


View Profile
Today at 06:55:34 AM
 #64

That's one of the reasons why other L2 tokens that have came from ETH started to make their own chain and mainnet and that's to solve that scaling issues. But it's not yet too late for ETH devs to make this difference and they can still work on it to be loved by the people. We don't know about the changes in the future but we've seen top altcoins from the past that are nearly forgotten now.

I don't think we can apply the last sentence to ETH. It will never be forgotten totally, albeit a bit due to the problems that are piling up. Devs should definitely look into them and solve the scalability due to which there are so much L2's currently.
It's essential for the future of the main net, though they don't seem too bothered by it at the moment.

NewRanger
Sr. Member
****
Offline Offline

Activity: 1596
Merit: 341


Buzz App - Spin wheel, farm rewards


View Profile WWW
Today at 08:17:01 AM
 #65

I have a view that ETH will always be below BTC no matter how it maneuvers in the future, all the ETH holders have to do is they continue to hold ethereum, the profits will double in the value of USD and that is a sure thing Although nothing seems impossible in this crypto market.

One thing we usually see is that whale investors who have already made a profit in BTC will not necessarily leave it and move on to another project just like that.

█████████████▄██▀███▄██
██▄▄███▄███▄█▄▄▄▄▄█▀
█████████████████▄
████████████████████
███████▄▀████████▄█
▀▀▀█████▀███▀█▄▄▄▄██
████████▀███████████
███████████████████▀
█████████████████
█████▄▄██████████████▄
███████████████
████████████████░░▀▀
████████▀▀▀▄▄███▀


███████████
█████████████
██████░██████░█████░░█████░████████████░████████████
██████░██████░█████░░█████░████████████░████████████
███████████░░░█████░░█████░▀▀▀▀███████░░▀▀▀▀███████
██████░██████░█████░░█████░░░███████░░░░░░███████
██████░██████░█████░░█████░███████░░░░░░███████
█████████████░████████████░████████████░████████████
███████████░░░░░██████████░████████████░████████████
▀▀▀▀▀▀▀▀▀▀▀░░░░░▀▀▀▀▀▀▀▀▀▀░▀▀▀▀▀▀▀▀▀▀▀▀░▀▀▀▀▀▀▀▀▀▀▀▀
 
betswift
Copper Member
Jr. Member
*
Offline Offline

Activity: 182
Merit: 4


View Profile
Today at 08:38:06 AM
 #66

I have a view that ETH will always be below BTC no matter how it maneuvers in the future, all the ETH holders have to do is they continue to hold ethereum, the profits will double in the value of USD and that is a sure thing Although nothing seems impossible in this crypto market.

One thing we usually see is that whale investors who have already made a profit in BTC will not necessarily leave it and move on to another project just like that.

Holding BTC is essential and whether you leave your bags for the profit in a year or two, or will hold for a year or two more - everybody's decision, really. The reality is you will be getting a better portfolio for yourself if you continue accumulating it.
With ETH - it follows BTC, thus, waves that happen with BTC go a bit harder on ETH graph, but speaking about "flipping" it - not going to happen, in my opinion. BTC is like a bigger brother to ETH.

el kaka22
Legendary
*
Offline Offline

Activity: 3640
Merit: 1165


www.Crypto.Games: Multiple coins, multiple games


View Profile
Today at 02:59:53 PM
 #67

It can't, and it won't, not anytime soon at least. We are talking about a situation where it is not going to bring us any profit at all, it is going to be something that takes time and we shouldn't really worry about it, I believe that we can make it get better with time, we should just consider that it is going to be something that takes a bit of situation.

So, if we could just consider ETH as something that went up because of how much it was used, then it is not used that much anymore at all. Even if you check just gas fee then you could end up with something that explains why it is not as big as it used to be, because back in the day it was used so much that gas fee was super high, even a simple transaction could cost as high as forty dollars, now when you look at it, it becomes clear that it is very cheap and that's mainly because it is not used a lot.

When something is not as much used as it used to be, then it's clear that we are not going to see people buying it at all, and when people are not buying it like they used to, that means it is not going to go high in price neither. This is exactly why I believe that it is not going to go beyond bitcoin, because bitcoin is doing great at the moment and ETH is not.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
tygeade
Legendary
*
Offline Offline

Activity: 2226
Merit: 1061



View Profile
Today at 06:12:33 PM
 #68

I have a view that ETH will always be below BTC no matter how it maneuvers in the future, all the ETH holders have to do is they continue to hold ethereum, the profits will double in the value of USD and that is a sure thing Although nothing seems impossible in this crypto market.

One thing we usually see is that whale investors who have already made a profit in BTC will not necessarily leave it and move on to another project just like that.
Holding BTC is essential and whether you leave your bags for the profit in a year or two, or will hold for a year or two more - everybody's decision, really. The reality is you will be getting a better portfolio for yourself if you continue accumulating it.
With ETH - it follows BTC, thus, waves that happen with BTC go a bit harder on ETH graph, but speaking about "flipping" it - not going to happen, in my opinion. BTC is like a bigger brother to ETH.
That is true, accumulating more definitely brings in a lot of profit. I think the best thing about crypto is that when you hold bitcoin for a long time, it should be making you a good profit, it shouldn't be that complicated and that is why I like it so much. I understand that it may not feel that way sometimes but that is still true and definitely brings in a great amount of profit.

Sure on bear times people fear that maybe it won't, but the reality is that it will and that's what it matters. I believe that we are going to see this getting to a point where we end up with something that gets a lot better. ETH part is also right, it moves with bitcoin, maybe not exactly, like btc could be up 10% and ETH could be up 11%, like there could be small differences but they move together.

Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!