Can ETH surpass BTC?

[betswift]

Without ETH, Solana nor any of the many smart contract platforms we know and love today (Binance Smart Chain, Cardano, Flow, Avalanche, etc) would exist.

This is a common myth. There were several developers working on smart contracting features during 2013-15.  The first sucessful mainnet implementation of smart contracts for cryptocurrencies with a Turing-complete language was called Automated Transactions which shipped to Burst (Signum) and Qora in late 2014 and had a very different concept than ETH and the EVM. Ethereum's testnet, however, was started some months earlier. Ripple's XRP had limited Turing-complete capabilities during some time in 2013-14 (I unfortunately lost the link to the topic and it is difficult to find ..) and there was also BitShares with similar goals. The smart contract idea is of course even older (1996 by Nick Szabo, currently the most likely Satoshi candidate on Polymarket lol ).

Ethereum became by far the most popular of them all. It's possible and likely that ETH's approach had also real advantages over other approaches, so it was more influential on the way smart contracts were built. However, as there were many teams working on it, if ETH and Buterin hadn't existed, another smart contract model like AT would have probably occupied its place.

Yeah, it's like saying that without BTC, there would be no other crypto that would take its place: it could be named differently or created not by Satoshi, a bit sooner or later, but it would happen.
Though with ETH, this comparison feels more logical due to the fact that ETH is not the first crypto on that type of scale, it got its place under the sun as the second one.

[YUriy1991]

As for ETH to surpass BTC then there's no way that we could be able to cross out that kind of possibility as this coin/project is really that sitting next to it but of course it will really be that hard to believe
that this could happen considering that the entire community doesnt really like specially on high transaction fees on which this is mainly the complain of people when dealing up with erc20 on which
gas is really that too high. Bitcoin is much more lesser as we do observed, there might be some spike on fees on some time but it doesnt happen all the time.

Maybe the answer is clear enough from your explanation for OP and others to know. The Gas fee in ETH is also a classic story until now and is recognized as still expensive by many users. I think this is enough to prove that ETH is still no. 2. For the type of question asked by OP, I may not know how many times I have read it and it has been explained that it is still very different in terms of price or others.

[betswift]

As for ETH to surpass BTC then there's no way that we could be able to cross out that kind of possibility as this coin/project is really that sitting next to it but of course it will really be that hard to believe
that this could happen considering that the entire community doesnt really like specially on high transaction fees on which this is mainly the complain of people when dealing up with erc20 on which
gas is really that too high. Bitcoin is much more lesser as we do observed, there might be some spike on fees on some time but it doesnt happen all the time.

Maybe the answer is clear enough from your explanation for OP and others to know. The Gas fee in ETH is also a classic story until now and is recognized as still expensive by many users. I think this is enough to prove that ETH is still no. 2. For the type of question asked by OP, I may not know how many times I have read it and it has been explained that it is still very different in terms of price or others.

Yeah, and why ETH - should - surpass BTC in the first place? It isn't called anti-BTC or killer-of-BTC, it's ETH, with its own goals and developments in mind, it too has its shortcomings, and it's working on it (not as much as many would have wanted, but, alas ).

[Nrcewker]

Theoretically, it is possible. But the thing is that bitcoins are limited in number. Hence, you can consider bitcoin as very valuable and rare. For this, it is impossible for ethereum to surpass bitcoin's price. As when people will see bitcoins price declining, they will instantly buy as many bitcoins as they can, hence increasing that demand to accumulate the bitcoin. Ethereum surely has the quality to become a big crypto currency, but I highly doubt that it will cross the bitcoins.

[fikrett]

Theoretically, it is possible. But the thing is that bitcoins are limited in number. Hence, you can consider bitcoin as very valuable and rare. For this, it is impossible for ethereum to surpass bitcoin's price. As when people will see bitcoins price declining, they will instantly buy as many bitcoins as they can, hence increasing that demand to accumulate the bitcoin. Ethereum surely has the quality to become a big crypto currency, but I highly doubt that it will cross the bitcoins.

The thing is that people have more skin in BTC than in ETH, and that won't change anytime soon if ETH doesn't do something groundbreaking (I highly doubt it ).

[Coyster]

Do you think BTC will be merged with something that is associated with traditional currencies? What government would do that aside El Salvador maybe?  

What do you mean by merged with a traditional currency? Do you mean backed by a traditional currency, the way stable coins are, if that is what you mean, then it is not possible, that is not how bitcoin was created, if you want a cryptocurrency that is backed by traditional currencies, then go for USDT, USDC, etc.

That being said, El Salvador made bitcoin a legal tender, but no entity or government can make any arbitrary changes on the bitcoin network, that is why it is decentralized.

[LibertyMask]

If I knew that I would be a millionaire soon. But in my opinion, Etherium will boost because NFT's games when the big franchises sign up to launch their NFT games, for example, Pokémon.

Still, I don't think it will reach bitcoin, but it will be a great economic option to invest in.

[pooya87]

Yeah, it's like saying that without BTC, there would be no other crypto that would take its place: it could be named differently or created not by Satoshi, a bit sooner or later, but it would happen.
Though with ETH, this comparison feels more logical due to the fact that ETH is not the first crypto on that type of scale, it got its place under the sun as the second one.

It is not like that though. It comes down to how innovative they are.

Bitcoin itself is a complete innovation and it solved a ton of issues that made having a decentralized network possible. You can't claim that if Satoshi hadn't innovated Bitcoin, someone else would have. That is not how innovations work.

On the other hand, ethereum doesn't exactly have anything innovative. All the concepts used by it is already introduced by Bitcoin. It just expands on them. For example the smart contracts is a concept that was introduced by Bitcoin (bitcoin scripts are all smart contracts).

[CK485]

Theoretically, it is possible. But the thing is that bitcoins are limited in number. Hence, you can consider bitcoin as very valuable and rare. For this, it is impossible for ethereum to surpass bitcoin's price. As when people will see bitcoins price declining, they will instantly buy as many bitcoins as they can, hence increasing that demand to accumulate the bitcoin. Ethereum surely has the quality to become a big crypto currency, but I highly doubt that it will cross the bitcoins.

It can be ascertained that ethereum is difficult to surpass bitcoin, even though they are both on the blockchain because they have their respective functions, and are on their way, by looking at both cryptos there is a risk of fluctuating depending on the time to see the situation.

[doomloop]

As for ETH to surpass BTC then there's no way that we could be able to cross out that kind of possibility as this coin/project is really that sitting next to it but of course it will really be that hard to believe
that this could happen considering that the entire community doesnt really like specially on high transaction fees on which this is mainly the complain of people when dealing up with erc20 on which
gas is really that too high. Bitcoin is much more lesser as we do observed, there might be some spike on fees on some time but it doesnt happen all the time.

Maybe the answer is clear enough from your explanation for OP and others to know. The Gas fee in ETH is also a classic story until now and is recognized as still expensive by many users. I think this is enough to prove that ETH is still no. 2. For the type of question asked by OP, I may not know how many times I have read it and it has been explained that it is still very different in terms of price or others.

No doubt explanation is enough with gas fees is also having huge impact but one more than which we need to understand use case which is now having good advantage for the bitcoin because things are getting positive day by day and bitcoin is having much strong use case which is helping for increasing price and Ethereum is having nothing in this case.

While now, we are having few coins which can bring Ethereum down as well because few are predicting Solana and USDT both can overtake Ethereum even few are predicting about BNB is also having good chance so for me it's also not case for the Ethereum to go above Bitcoin due to use case. But one more thing which is also always in every cryptonet mind it's unpredictable market and things can take changes drastically, so anything can happen at the end.

[fikrett]

Theoretically, it is possible. But the thing is that bitcoins are limited in number. Hence, you can consider bitcoin as very valuable and rare. For this, it is impossible for ethereum to surpass bitcoin's price. As when people will see bitcoins price declining, they will instantly buy as many bitcoins as they can, hence increasing that demand to accumulate the bitcoin. Ethereum surely has the quality to become a big crypto currency, but I highly doubt that it will cross the bitcoins.

It can be ascertained that ethereum is difficult to surpass bitcoin, even though they are both on the blockchain because they have their respective functions, and are on their way, by looking at both cryptos there is a risk of fluctuating depending on the time to see the situation.

It's not the main point of either BTC or ETH to be above each other or other coins, so you are right - both have their pros and it's alright, no matter what, two are the big coins out there to be utilized by their appropriate communities.

[smelody]

Theoretically, it is possible. But the thing is that bitcoins are limited in number. Hence, you can consider bitcoin as very valuable and rare. For this, it is impossible for ethereum to surpass bitcoin's price. As when people will see bitcoins price declining, they will instantly buy as many bitcoins as they can, hence increasing that demand to accumulate the bitcoin. Ethereum surely has the quality to become a big crypto currency, but I highly doubt that it will cross the bitcoins.

It can be ascertained that ethereum is difficult to surpass bitcoin, even though they are both on the blockchain because they have their respective functions, and are on their way, by looking at both cryptos there is a risk of fluctuating depending on the time to see the situation.

It's not the main point of either BTC or ETH to be above each other or other coins, so you are right - both have their pros and it's alright, no matter what, two are the big coins out there to be utilized by their appropriate communities.

I chose BTC for long-term investment and ETH for short-term trading as these two cryptos have high profit potential. Investors should choose any one of these currencies and prepare for profit.

[Abiky]

This is a common myth. There were several developers working on smart contracting features during 2013-15.  The first sucessful mainnet implementation of smart contracts for cryptocurrencies with a Turing-complete language was called Automated Transactions which shipped to Burst (Signum) and Qora in late 2014 and had a very different concept than ETH and the EVM. Ethereum's testnet, however, was started some months earlier. Ripple's XRP had limited Turing-complete capabilities during some time in 2013-14 (I unfortunately lost the link to the topic and it is difficult to find ..) and there was also BitShares with similar goals. The smart contract idea is of course even older (1996 by Nick Szabo, currently the most likely Satoshi candidate on Polymarket lol ).

Ethereum became by far the most popular of them all. It's possible and likely that ETH's approach had also real advantages over other approaches, so it was more influential on the way smart contracts were built. However, as there were many teams working on it, if ETH and Buterin hadn't existed, another smart contract model like AT would have probably occupied its place.

Interesting observation. I for once, thought Ethereum was the innovator in the smart contracts space. Guess I was wrong. Now, I'm very convinced that ETH is overhyped. I mean, Burst and Qora would've gone to the moon with their first implementations of smart contracts. These projects are now forgotten, as people moved on to the next big thing. ETH has all of the cards right now. But it's still not enough to outperform Bitcoin in market cap. Why? Because BTC is the one crypto that started it all. Demand for BTC is a lot higher than demand for ETH. Capital inflows for ETH spot ETFs are lower, too. It is what it is.

Despite ETH having many advanced features, it's still considered by many as inferior to Bitcoin. And for a very good reason. All of the added complexity of smart contracts, makes the ETH blockchain vulnerable. BTC has a basic scripting language, so it's as simple as it can be. This simplicity makes it a much safer and reliable option. It's even more decentralized than ETH.

Ethereum fanboys will keep dreaming the cryptocurrency will surpass Bitcoin in the future because they're heavily invested in it. But the facts are the facts. Same as those believing Solana will surpass Ethereum someday. Wasn't EOS the one to become the "Ethereum Killer"? It is now a lost and forgotten project. I'd buy and hold both BTC and ETH for complete peace of mind. After all, they're the "gold standard" of crypto.

[JellyJ]

I don't think so. Ethereum does not have the fan base and followership that bitcoin has

[Baki202]

Maybe the answer is clear enough from your explanation for OP and others to know. The Gas fee in ETH is also a classic story until now and is recognized as still expensive by many users. I think this is enough to prove that ETH is still no. 2. For the type of question asked by OP, I may not know how many times I have read it and it has been explained that it is still very different in terms of price or others.

The answer is clear but in this case it might not even be eth that will surpass bitcoin but for now bitcoin will for ever remain th le king even in the history, and for some time now eth has few can be crazy even without congestion, only for bitcoin I know that when the mempool is full then bitcoin gas fee is also going up during those period. Any transactions that have to involve eth I don't like getting my self involved with it even doh it's like the last option. And eth to have a very strong grounds in the market and as bitcoin is topping  eth is strongly behind its complexity is what makes the whole gas fee high, their is always a reason for every single thing when it comes to crypto.

[fullhdpixel]

Interesting observation. I for once, thought Ethereum was the innovator in the smart contracts space. Guess I was wrong. Now, I'm very convinced that ETH is overhyped. I mean, Burst and Qora would've gone to the moon with their first implementations of smart contracts. These projects are now forgotten, as people moved on to the next big thing. ETH has all of the cards right now. But it's still not enough to outperform Bitcoin in market cap. Why? Because BTC is the one crypto that started it all. Demand for BTC is a lot higher than demand for ETH. Capital inflows for ETH spot ETFs are lower, too. It is what it is.

Despite ETH having many advanced features, it's still considered by many as inferior to Bitcoin. And for a very good reason. All of the added complexity of smart contracts, makes the ETH blockchain vulnerable. BTC has a basic scripting language, so it's as simple as it can be. This simplicity makes it a much safer and reliable option. It's even more decentralized than ETH.

Ethereum fanboys will keep dreaming the cryptocurrency will surpass Bitcoin in the future because they're heavily invested in it. But the facts are the facts. Same as those believing Solana will surpass Ethereum someday. Wasn't EOS the one to become the "Ethereum Killer"? It is now a lost and forgotten project. I'd buy and hold both BTC and ETH for complete peace of mind. After all, they're the "gold standard" of crypto.

ETH was the first one that got it popular, wasn't the first one. In theory, bitcoin wasn't the first "e-money" that we have neither, we had more since early 90's, but it was the first one that did it properly and this is how we got what we have with bitcoin. Sure other stuff did what ETH did too, some before some later, but none of them did it as good as ETH did and didn't get hyped and this is why we have what we have right now with eth being second.

I believe we are going to get a different result eventually, we just need time. But the possibility of ETH going down from second place looks more likely than ETH taking the first place, this is what I believe and looks like this is what many people think as well.

[Abiky]

ETH was the first one that got it popular, wasn't the first one. In theory, bitcoin wasn't the first "e-money" that we have neither, we had more since early 90's, but it was the first one that did it properly and this is how we got what we have with bitcoin. Sure other stuff did what ETH did too, some before some later, but none of them did it as good as ETH did and didn't get hyped and this is why we have what we have right now with eth being second.

I believe we are going to get a different result eventually, we just need time. But the possibility of ETH going down from second place looks more likely than ETH taking the first place, this is what I believe and looks like this is what many people think as well.

You think ETH will lose its position as the second-largest crypto by market cap after all it's been through? I doubt it. Especially when it's the one smart contract platform that "got it right". The term "Web 3.0" was popularized by Ethereum. All of the other projects that came after, were only trying to get a piece of the pie. But despite their "bells and whistles" they won't be able to beat the "King".

Again, didn't EOS labeled itself as the next "Ethereum Killer"? Where it is now? It is long lost and forgotten by the community. I mean, the coin is alive but widely unpopular. It should've been a successful project by now. The money collected from the ICO simply vanished. Solana might be in the top ranks now. But it could fade away into oblivion as people move on to the next big thing. Expect BTC and ETH to remain in their current spots forever. Nothing to see here, really.

[danherbias07]

Yeah, and why ETH - should - surpass BTC in the first place? It isn't called anti-BTC or killer-of-BTC, it's ETH, with its own goals and developments in mind, it too has its shortcomings, and it's working on it (not as much as many would have wanted, but, alas ).

Yeah, imagine saying that while in the Bitcointalk forum and Ethereum is in altcoin which is just a sub-board here.

Well, it's not like I am a Bitcoin maximalist but I do try to see things through another perspective. The ERC-20 projects gave me lots of money too and I made good profits in joining ICO's projects under ERC-20. But right now they are making progress in Bitcoin and it's still the apple of the eye of many investors before Ethereum.
So yes, it could surpass Bitcoin in a different area but I highly doubt it can in the investment area where most money is coming from. Even in the presidential candidates of the USA, most would just go for Bitcoin as their debate talk rather than Ethereum so I guess that tells which is actually the popular one and it's difficult to surpass that.

[AsiaHODL]

Eth has been in a systemic decline to BTC, and is now at a 3 year low to BTC. Its performed terribly. Party is over, and it only really performed for one cycle (as most alts do).

[Jegileman]

After exploring Eigenlayer, a restaking protocol that allows Ethereum stakers to restake their ETH or liquid staking tokens (LSTs), it seems to offer new opportunities for increased profits. With the added advantages of smart contracts and DeFi solutions, I expect a potential rally in Ethereum-based projects this month, making it a good time to strategically position myself.

I thought this discussion already come to an end long ago, why is it still up here when it is very obvious that Ethereum can never be above bitcoin in anything; adoption, market cap, use cases. This can continue to go on for a decade from now but I haven’t seen any potential still that will make Ethereum surpass bitcoin yet. You should look more into the bull and bear market, you’ll find a lot of answers to your questions and you don’t need to bring any proof to back up anything you’re saying here. It is fact already that bitcoin is the top cryptocurrency and no coin can ever surpass it in anything as far as we know.