Can Ethereum Flip Bitcoin in Future?

[martinex]

Of course it is possible, if no one wants to buy BTC anymore and there is only ETH... but, that is impossible because whatever the concept is BTC will always be the King of all coins and the most considered by big investors. Whenever and wherever there is an internet network BTC can be cashed into fiat.

The potential of ETH is also quite good if we want to invest now but until now the thought of crossing BTC someday in the future or now has only crossed our minds.

[d5000]

even then there is no maximum supply in etherium let imagine the  120.34 million ETH is the maximum supply on the others hand the current circulating supply of Bitcoin is around 19.72 million.

And if we look the marketcap then Bitcoin market cap is around $1.14 Trillion and the Ethereum marketcap is $275.47 billion source

So if we Imagine that the current bitcoin price to Ethereum then Ethereum market cap will be  6.95 Trillion as their current supply.

Your calculation is not entirely correct if I interpret it correctly "Flippening" refers to the moment when Ethereum's market cap is higher than Bitcoin's, not the price for one unit. The unit price is irrelevant, we could for example also consider the Satoshi "one Bitcoin unit", and that unit is only at $0.0006.

Thus Ethereum needs "only" about 800-900 billion more marketcap to rival Bitcoin's. However, this means approximately that ETH's price would need to quadruple. A bitcoin at $60.000 would be equivalent to approximately an Ethereum at $9500-10000.

This means Ethereum needs a new ATH at more than $4878 (current ATH from 2021) only to approximate half of Bitcoin's market cap, which was close to the maximum ratio in 2018. It looks very far away at this point. In March, ETH was shortly at $4000, when the ETF decision was taken. But since then it only lost compared to Bitcoin.

[FortuneFollower]

Of course it is possible, if no one wants to buy BTC anymore and there is only ETH... but, that is impossible because whatever the concept is BTC will always be the King of all coins and the most considered by big investors. Whenever and wherever there is an internet network BTC can be cashed into fiat.

The potential of ETH is also quite good if we want to invest now but until now the thought of crossing BTC someday in the future or now has only crossed our minds.

It's great that all of us can pick up from both worlds while investing, there is no rule that a person can only invest in BTC or ETH. Nobody stops you from doing so if you believe in it being successful with time.
But I agree with you - BTC will be considered by the investors more in the first place due to its nature, credibility, and other factors.

[fikrett]

Can ETH overthrow bitcoin? Maybe. Anything is still possible. But I really don't expect much from it. Why? I still buy and accumulate ETH and when the bullish consolidation of the bitcoin market happens. ETH still makes a big advantage in terms of profit. It is enough for me to hold bitcoin and ETH for a long time. Even hold more ETH because it is still quite cheap at this point.

"Quite cheap"? Comparing it against BTC, then yes, that's true. But I'd say ETH is very overvalued. Especially with inflation built into the protocol. Vitalik and team claim the PoS upgrade made ETH deflationary, but the fact is that there's more ETH being produced than that being burned on the network.

As far as I know, there's no hard cap on ETH's supply. Only the original chain (Ethereum Classic or ETC) has it. So I don't see added scarcity, unlike Bitcoin. It's very unlikely ETH will flip BTC during the remainder of its existence. Who cares? As long as ETH does the job it's supposed to, nothing else matters. Decentralization must win for ETH to live up to its purpose. The question is: How long will it take before ETH's centralization issues go away? Only time will tell.

I hope that ETH will overcome its problems and climb on the top victorious.
Otherwise, its place under the sun will be taken from it with time. It may be a year, a decade, or two - but it will happen.

[milewilda]

Can ETH overthrow bitcoin? Maybe. Anything is still possible. But I really don't expect much from it. Why? I still buy and accumulate ETH and when the bullish consolidation of the bitcoin market happens. ETH still makes a big advantage in terms of profit. It is enough for me to hold bitcoin and ETH for a long time. Even hold more ETH because it is still quite cheap at this point.

"Quite cheap"? Comparing it against BTC, then yes, that's true. But I'd say ETH is very overvalued. Especially with inflation built into the protocol. Vitalik and team claim the PoS upgrade made ETH deflationary, but the fact is that there's more ETH being produced than that being burned on the network.

As far as I know, there's no hard cap on ETH's supply. Only the original chain (Ethereum Classic or ETC) has it. So I don't see added scarcity, unlike Bitcoin. It's very unlikely ETH will flip BTC during the remainder of its existence. Who cares? As long as ETH does the job it's supposed to, nothing else matters. Decentralization must win for ETH to live up to its purpose. The question is: How long will it take before ETH's centralization issues go away? Only time will tell.

I hope that ETH will overcome its problems and climb on the top victorious.
Otherwise, its place under the sun will be taken from it with time. It may be a year, a decade, or two - but it will happen.

One of the main disadvatange or i could say the main problem with Eth or Erc20 is about into its high gas fees and its undeniable that even tot those ETH lovers or holders out there
will really be having that same complaint or problem on dealing up with this coin or project but still it do managed to sit on next to Bitcoin. Speaking about flipping then there's no way that we could really be able to
tell on what would happen in the future and this is where it would be depending on the community support and demand if we do speak about flippening into those projects above on which its obviously
it do need to overtake Bitcoin and this one isnt something a very easy thing to be done or could happen in a snap.

If you are a solid supporter of ETH then its up to you whether you do hold up for long term or not. We do have our own projects that supporting into but cant be denied that Bitcoin would really be
your main coin thats inside your port and this is something which isnt really that shocking or something that do speaks or talks about having that feel of security at least
but it would really be on your own choice because its your money then its your investment to choose into.

[fikrett]

One of the main disadvatange or i could say the main problem with Eth or Erc20 is about into its high gas fees and its undeniable that even tot those ETH lovers or holders out there
will really be having that same complaint or problem on dealing up with this coin or project but still it do managed to sit on next to Bitcoin. Speaking about flipping then there's no way that we could really be able to
tell on what would happen in the future and this is where it would be depending on the community support and demand if we do speak about flippening into those projects above on which its obviously
it do need to overtake Bitcoin and this one isnt something a very easy thing to be done or could happen in a snap.

If you are a solid supporter of ETH then its up to you whether you do hold up for long term or not. We do have our own projects that supporting into but cant be denied that Bitcoin would really be
your main coin thats inside your port and this is something which isnt really that shocking or something that do speaks or talks about having that feel of security at least
but it would really be on your own choice because its your money then its your investment to choose into.

Totally valid.
ETH is a good investment, but problems surrounding it won't go away even if that fact is true.
Many use it besides BTC for their portfolios and that's okay as long as they believe in it and think that it's worth it.
And, as you said - new projects or even old and reliable ones shouldn't charge after the idea of becoming bigger than BTC - they don't but people imagine such a thing anyways.

[Abiky]

Your calculation is not entirely correct if I interpret it correctly "Flippening" refers to the moment when Ethereum's market cap is higher than Bitcoin's, not the price for one unit. The unit price is irrelevant, we could for example also consider the Satoshi "one Bitcoin unit", and that unit is only at $0.0006.

Thus Ethereum needs "only" about 800-900 billion more marketcap to rival Bitcoin's. However, this means approximately that ETH's price would need to quadruple. A bitcoin at $60.000 would be equivalent to approximately an Ethereum at $9500-10000.

This means Ethereum needs a new ATH at more than $4878 (current ATH from 2021) only to approximate half of Bitcoin's market cap, which was close to the maximum ratio in 2018. It looks very far away at this point. In March, ETH was shortly at $4000, when the ETF decision was taken. But since then it only lost compared to Bitcoin.

There's not much momentum to "keep the ball rolling". ETH, despite being labeled as the #1 platform for Web 3.0, has failed to gather the attention of institutional investors (unlike its rival, Bitcoin). Demand is struggling to reach higher levels for some reason. It's yet the day where Web 3.0 is to replace Web 2.0. Part of that has to do with big corporations (Google, Facebook, Amazon) dominating the Internet.

So ETH is nothing more than a niche. At least, for now. If by some reason demand goes to the moon, ETH should be able to reach price levels well above $5k per coin. By the time that happens, BTC will already be much higher in price (and market cap). It's safe to say ETH will NEVER surpass BTC's market cap. Not now, nor in another lifetime. Just buy, "hodl", and forget about the rest.

[fikrett]

Your calculation is not entirely correct if I interpret it correctly "Flippening" refers to the moment when Ethereum's market cap is higher than Bitcoin's, not the price for one unit. The unit price is irrelevant, we could for example also consider the Satoshi "one Bitcoin unit", and that unit is only at $0.0006.

Thus Ethereum needs "only" about 800-900 billion more marketcap to rival Bitcoin's. However, this means approximately that ETH's price would need to quadruple. A bitcoin at $60.000 would be equivalent to approximately an Ethereum at $9500-10000.

This means Ethereum needs a new ATH at more than $4878 (current ATH from 2021) only to approximate half of Bitcoin's market cap, which was close to the maximum ratio in 2018. It looks very far away at this point. In March, ETH was shortly at $4000, when the ETF decision was taken. But since then it only lost compared to Bitcoin.

There's not much momentum to "keep the ball rolling". ETH, despite being labeled as the #1 platform for Web 3.0, has failed to gather the attention of institutional investors (unlike its rival, Bitcoin). Demand is struggling to reach higher levels for some reason. It's yet the day where Web 3.0 is to replace Web 2.0. Part of that has to do with big corporations (Google, Facebook, Amazon) dominating the Internet.

So ETH is nothing more than a niche. At least, for now. If by some reason demand goes to the moon, ETH should be able to reach price levels well above $5k per coin. By the time that happens, BTC will already be much higher in price (and market cap). It's safe to say ETH will NEVER surpass BTC's market cap. Not now, nor in another lifetime. Just buy, "hodl", and forget about the rest.

If we are taking BTC and ETH only as in terms of investments - you are right.
Other than that - just to look after the updates on the market and on the chains of both, really.
BTC is also a "niche", not a mass-adopted beast of sorts, but all the others fade in comparison

[Dr.Osh]

Well, if we look at it theoretically, then ethereum does have quite a lot of potential in this regard. Besides, this discussion is not something new. Since long ago, ethereum has always been compared or speculated to be able to beat bitcoin. Well, it's just that, the facts on the ground say that every time there is a decrease in the price of bitcoin, it has a big impact on altcoins, and ethereum is included in it. Besides, the increase in the price of bitcoin always has a larger percentage than ethereum. So, I think this is still very difficult to happen for the next few years.

[Rampagoe004]

This guy thinks so...

Nick Tomaino, founder of 1confirmation, said he is sure that ETH will eventually surpass BTC in value. He said that even though BTC has a well-established narrative as "digital gold" that institutions have embraced, he actually believes Ethereum has made the most impact as a blockchain over the past five years. He claims Ethereum remains largely misunderstood by many, and describes Ethereum as the blockchain where the world's most talented developers are building the decentralized internet.

May be a tough task beating 60k from below 5k though.

I think in the crypto market nothing is impossible to compete with each other except stablecoins. Many of them hope that this will become a reality. Every year there is always hope about the increase in all coins on the crypto market. Even though nothing seems impossible for Ethereum to increase in price, Ethereum has succeeded in positive price movements every time.

Before comparing the two big coins, we must first differentiate between Bitcoin and Ethereum and how, so far Bitcoin has been the king of all existing altcoins while Ethereum remains its closely related subordinate every time there is a simultaneous increase and it is difficult for Ethereum to reach a price of $100k more in the next few years.

[adzino]

This guy thinks so...

Nick Tomaino, founder of 1confirmation, said he is sure that ETH will eventually surpass BTC in value. He said that even though BTC has a well-established narrative as "digital gold" that institutions have embraced, he actually believes Ethereum has made the most impact as a blockchain over the past five years. He claims Ethereum remains largely misunderstood by many, and describes Ethereum as the blockchain where the world's most talented developers are building the decentralized internet.

May be a tough task beating 60k from below 5k though.

Naah, I don't really see Ethereum taking over Bitcoins position any time soon in the future. Bitcoin has that fixed supply of 21 million coins and with so many getting lost over time it is going to get even more scarce in the future which will in return end up driving the price up. People hold onto Bitcoin like gold due to its store of value. Ethereum on other hand is just something different. It has different use cases. It was never intended to be used as a store of value. It's supply isn't capped like Bitcoin's. Like everyone else mentioned, Ethereum will only takeover bitcoin if everyone decides to dump bitcoin and invest in Ethereum. But that will never be happen. In fact, people think that Ethereum is very centralized. But on other hand, Bitcoin has existed long enough in the market and is completely decentralized which has helped to gain the trust of all big investors.

[Sebas.tian]

This guy thinks so...

Nick Tomaino, founder of 1confirmation, said he is sure that ETH will eventually surpass BTC in value. He said that even though BTC has a well-established narrative as "digital gold" that institutions have embraced, he actually believes Ethereum has made the most impact as a blockchain over the past five years. He claims Ethereum remains largely misunderstood by many, and describes Ethereum as the blockchain where the world's most talented developers are building the decentralized internet.

May be a tough task beating 60k from below 5k though.

I think in the crypto market nothing is impossible to compete with each other except stablecoins. Many of them hope that this will become a reality. Every year there is always hope about the increase in all coins on the crypto market. Even though nothing seems impossible for Ethereum to increase in price, Ethereum has succeeded in positive price movements every time.

Things change sometimes in the crypto market, because it will be difficult for anyone to predict the future of crypto market accurately whether Bitcoin will continue to be more valuable than Ethereum or Ethereum will be more valuable than Bitcoin in the future which we know that things can change at anytime in the market. That is the attitude of holders wishing to see the coin they are holding increasing which it may increase higher or it May not increase but that doesn't mean it will not going to increase in the future, because there is a confident on old coins than the new coins in the market. If Ethereum can maintain this second position till now show that it will go higher than Bitcoin in the nearest future to be more valuable than Bitcoin, because Bitcoin will not going to remain in that position forever..

[dansus021]

Can Ethereum Flip Bitcoin in Future? The simple answer is yes but long answer for now is NO because the marketcap alone have a huge gap between ethereum and bitcoin that first. Second Bitcoin is trust bny anyone and people are believe in that too. While ethjereum have an active development but bitcoin has active community and now not just people are buying bitcoin but big company even a country.

if there is a good regulation for crypto bitcoin will still be number 1 in crypto

[Abiky]

Naah, I don't really see Ethereum taking over Bitcoins position any time soon in the future. Bitcoin has that fixed supply of 21 million coins and with so many getting lost over time it is going to get even more scarce in the future which will in return end up driving the price up. People hold onto Bitcoin like gold due to its store of value. Ethereum on other hand is just something different. It has different use cases. It was never intended to be used as a store of value. It's supply isn't capped like Bitcoin's. Like everyone else mentioned, Ethereum will only takeover bitcoin if everyone decides to dump bitcoin and invest in Ethereum. But that will never be happen. In fact, people think that Ethereum is very centralized. But on other hand, Bitcoin has existed long enough in the market and is completely decentralized which has helped to gain the trust of all big investors.

Scarcity doesn't determine market cap, but rather demand. So if demand is high and supply is low, market prices will go to the moon. That translates into a higher market cap over the long term. Just multiply the number of coins in circulation by the current market price, and you'll see what I mean. I concur with you that ETH will never overtake BTC in market cap. Not now, nor in another century. I'd compare ETH with "Oil" and BTC with "Gold". Both completely different things.

I believe BTC and ETH will continue to grow in the future as their popularity increases. What matters is decentralization above all else. If ETH manages to curtail centralization efforts, it will last a lifetime. Otherwise, not. The crypto market often behaves in many strange and bizarre ways, so we should expect the unexpected.

[bitzizzix]

It's hard to say, and nothing is impossible in the future and there is always a possibility that it will happen in the future because Ethereum is an amazing project and also one of the best choices for investors besides Bitcoin which will provide good profits. But both still have many differences and the most common is limitations, Bitcoin is limited and this is what will make Bitcoin difficult to beat by Ethereum because the more demand the more expensive the price will be. And this question has been going on for a long time and in the end Ethereum still cannot surpass Bitcoin until now and maybe forever, Bitcoin and Ethereum are like silver and gold and both are equally valuable but until now Gold is still more valuable just like Bitcoin which is the best of silver or Ethereum, the largest and also the king of digital currencies until now and maybe forever.

[fikrett]

Naah, I don't really see Ethereum taking over Bitcoins position any time soon in the future. Bitcoin has that fixed supply of 21 million coins and with so many getting lost over time it is going to get even more scarce in the future which will in return end up driving the price up. People hold onto Bitcoin like gold due to its store of value. Ethereum on other hand is just something different. It has different use cases. It was never intended to be used as a store of value. It's supply isn't capped like Bitcoin's. Like everyone else mentioned, Ethereum will only takeover bitcoin if everyone decides to dump bitcoin and invest in Ethereum. But that will never be happen. In fact, people think that Ethereum is very centralized. But on other hand, Bitcoin has existed long enough in the market and is completely decentralized which has helped to gain the trust of all big investors.

Scarcity doesn't determine market cap, but rather demand. So if demand is high and supply is low, market prices will go to the moon. That translates into a higher market cap over the long term. Just multiply the number of coins in circulation by the current market price, and you'll see what I mean. I concur with you that ETH will never overtake BTC in market cap. Not now, nor in another century. I'd compare ETH with "Oil" and BTC with "Gold". Both completely different things.

I believe BTC and ETH will continue to grow in the future as their popularity increases. What matters is decentralization above all else. If ETH manages to curtail centralization efforts, it will last a lifetime. Otherwise, not. The crypto market often behaves in many strange and bizarre ways, so we should expect the unexpected.

The comparison with oil and gold is a wonderful epitome for these two coins, did you come up with it yourself? I would put it in a frame if I could.
And, I agree - ETH has some problems to work around, otherwise, other big coins can take their place in the long run.

[superman22]

I analysis the prospects of Ethereum taking the position of Bitcoin. Unlike cryptocurrency spectators like Dogecoin, Ethereum has a huge growth rate unbeknownst to many with the adoption point highlighted by DeFi and later NFTs. The move to Proof-of-Stake (PoS) in recent years has boosted its capacity and eradicating energy problems which Bitcoin is facing with Proof-of-Work (PoW). Nevertheless, the main cryptocurrency to this day is Bitcoin which originally acts as a digital currency and is often compared to gold.

[Abiky]

The comparison with oil and gold is a wonderful epitome for these two coins, did you come up with it yourself? I would put it in a frame if I could.
And, I agree - ETH has some problems to work around, otherwise, other big coins can take their place in the long run.

Yes. I came up with it, after analyzing the use cases between both cryptocurrencies. ETH is like "Oil" or the "Fuel of the Internet" since it's required for the deployment and execution of smart contracts (otherwise known as decentralized applications). Without ETH, people can't interact with dApps native on the Ethereum blockchain. This is the future of the Internet. That's why they call it "Web 3.0", right?

In the case of Bitcoin, its meant to be used as a store of value. You can also use it as currency if you like. But sudden high network fees and market price volatility, greatly defeats this purpose. BTC is more suitable as "Digital Gold" than "Digital Cash". Whenever you want to protect yourself against inflation, Bitcoin is the answer. Both cryptocurrencies are extremely-useful and different from one another. I'd expect BTC to remain the #1 cryptocurrency in the world forever. It's the one coin that started it all. Hope to see ETH rise in mainstream adoption soon.

[FortuneFollower]

The comparison with oil and gold is a wonderful epitome for these two coins, did you come up with it yourself? I would put it in a frame if I could.
And, I agree - ETH has some problems to work around, otherwise, other big coins can take their place in the long run.

Yes. I came up with it, after analyzing the use cases between both cryptocurrencies. ETH is like "Oil" or the "Fuel of the Internet" since it's required for the deployment and execution of smart contracts (otherwise known as decentralized applications). Without ETH, people can't interact with dApps native on the Ethereum blockchain. This is the future of the Internet. That's why they call it "Web 3.0", right?

In the case of Bitcoin, its meant to be used as a store of value. You can also use it as currency if you like. But sudden high network fees and market price volatility, greatly defeats this purpose. BTC is more suitable as "Digital Gold" than "Digital Cash". Whenever you want to protect yourself against inflation, Bitcoin is the answer. Both cryptocurrencies are extremely-useful and different from one another. I'd expect BTC to remain the #1 cryptocurrency in the world forever. It's the one coin that started it all. Hope to see ETH rise in mainstream adoption soon.

Great points made.
Did you see Vitalik's performance on Token2049? Nothing special, even a bit cringey, I would say, but he at least called for Decentralization for all the structure of ETH. Can't say if it was for the sake of it or for real developments in the future.

[bitterguy28]

This guy thinks so...

Nick Tomaino, founder of 1confirmation, said he is sure that ETH will eventually surpass BTC in value. He said that even though BTC has a well-established narrative as "digital gold" that institutions have embraced, he actually believes Ethereum has made the most impact as a blockchain over the past five years. He claims Ethereum remains largely misunderstood by many, and describes Ethereum as the blockchain where the world's most talented developers are building the decentralized internet.

May be a tough task beating 60k from below 5k though.

\Many says there is no impossible in crypto but for me? this is the only thing that is impossible to happen because if there is a coin that can flip bitcoin then that will never be ethereum .