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Delgboke

Have you ever think that Eth will overtake Bitcoin?

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I think ethereum has great network and a good team to update the project on regular basis. However the story behind bitcoin is entirely on a different level. As long as the institional and nations' interest focus on bitcoin, ethereum has no chance to take place of the bitcoin. 

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with in some days here in this platform the ethereum is above in the volume from Bitcoin and these are the signs that it can overtake the Bitcoin in future or at least it has the potential

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On 12/9/2019 at 11:30 AM, Delgboke said:

Since from the acception of bitcoin existence no order altcoins that has been able to overthrow the position of btc on cmc based on your speculations and prediction do you think Etherum will overthrow btc position on coinmarketcap could that be possible, let me know your opinions. 

Well as for me i don't see any way Etherum will overtake bitcoins. You know if Etherum will overtake bitcoins, we are suppose to have started seeing signs by now as Etherum would have started pumping by now. But we don't know what will happen in future, as no one can tell what will happen in future. That is my take

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No i never  think that ETH take ove bitcoin. But i  think that eth can go close to bitcoin but it will take time. Bitcoin is so famous coin and it demands also so high. It price is increasing day by day . Ethereum is also famous coin. It price isn't that high. So it will neve take over bitcoin. 

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It will not be possible because there is more chance to btc in top and upward like now. ETH price increase in dollars but the BTC price increase in hundreds of dollars so there is no comparison but hope trader gave some time to ETH like BTC then it will be possible.

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Its not impossible for eth to overtaje btc.Eth is the secound most used coin in cryptocurrency. It has a fame and value  from most other coins.Its has chance of overtaking btc in price and popularity.But btc will be the king of cryptocurrency for most of the time in my opinion.For its huge recognition and price.

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No, Ethereum will never overtake Bitcoin. Bitcoin is far too big in size and value. Ethereum is popular but not too big to beat Bitcoin. Similar is the case with other coins.

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On 12/9/2019 at 3:30 PM, Delgboke said:

Since from the acception of bitcoin existence no order altcoins that has been able to overthrow the position of btc on cmc based on your speculations and prediction do you think Etherum will overthrow btc position on coinmarketcap could that be possible, let me know your opinions. 

Yes dude  no doubt Bitcoin is the top most currency and ethereum is now competing with it as it has showing a good market place but it can't take the place of Bitcoin yes  they work together with it and complete with it but can't take its place.

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No I don't think so because there is huge difference between the price ,value and demand of the Bitcoin and Ethereum. The price of the Bitcoin is increasing as well as Ethereum then how can Ethereum over take the Bitcoin. I think this is not possible and it will never be happen in the future.

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It is possible in the future some coins may take over the bitcoin and you can say that it is possible the eth will take over it for that you need to wait and you will see by yourself.

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"No condition is permanent" I true believe in that quotation above that is why have the view not even ethereum coin but a day shall come that bitcoin that is known to be top currency best and most expensive or profitable crypto coin will be overshadow by new brand crypto coin that may come in future, or either ethereum coin

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In my opinion so far the Bitcoin has been the king of cryptocurrencies. No other until now can match the the worth of Bitcoin and I can also see that in coming 10 years no other currency can beat Bitcoin in terms of its value and position. But  I guess that which currency can beat Bitcoin can either be LTC or ethereum. But it cannot be possible to overcome Bitcoin for any cryptocurrency  in coming 10 years.

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On 12/9/2019 at 4:30 PM, Delgboke said:

Since from the acception of bitcoin existence no order altcoins that has been able to overthrow the position of btc on cmc based on your speculations and prediction do you think Etherum will overthrow btc position on coinmarketcap could that be possible, let me know your opinions. 

Bitcoin is always the best currency in the crypto world. It has a great price and good market demand. Ethereum has also the great price and market demand but I think ethereum can't overtake the bitcoin because bitcoin will remain the best currency in the crypto world. Bitcoin will remain the popular currency. 

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There is no doubt that the two currencies, Bitcoin and Ethereum, have worked hard and are in constant competition.
Now Bitcoin surpasses Ethereum by a very large margin.
But no one can guess whether Ethereum will outperform Bitcoin because all possibilities are on the table in the crypto world.
If that were to happen, I think it needs a long time and it will not be in the coming months.

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On 12/31/2020 at 11:29 AM, Saklain5381 said:

No, my friend.
I think ETH will not overtake BTC..Because bitcoin is the famous than ETH..And ETH is increase in dollars but the BTC price increase in hundreds of dollars so there is no comparison but hope trader gave some time to ETH like BTC.
So I think ETH will not overtake BTC.

Of course Etherum have a good price and meany investors have shown a big interest towards this crypto coin,, and also the price have been increasing, but we all know that bitcoin will never be replaced with any coin because bitcoin have a grate deal and also meany investors all around the world.

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As long as all the money is in Bitcoin and acquires the largest percentage of market money, Bitcoin will remain at the forefront of currencies and remain the main indicator of the market and its direction Ethereum may make strong gains, but not like Bitcoin in the near or medium term

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I don't think this will happen , even with the current pump in cryptocurrencies prices  and ETH reached 1000$  there is no chance for ETH to replace the first and the most popular currency in crypto , ETH project is very strong but almost everyone in crypto world would demand to have BTC than ETH which is also another reason for BTC to stay in top

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I don't think Ethereum will surpass Bitcoin. Because Bitcoin is so old and popular. Its price has gone up but Etherium can never discount Bitcoin. The price of Bitcoin will rise further than it is now. And it has the potential to outperform the market. 

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On 12/9/2019 at 4:30 PM, Delgboke said:

Since from the acception of bitcoin existence no order altcoins that has been able to overthrow the position of btc on cmc based on your speculations and prediction do you think Etherum will overthrow btc position on coinmarketcap could that be possible, let me know your opinions. 

Bitcoin and Etherium are very popular cryptocurrencies in the world of cryptocurrencies but the price of btc is higher than eth. Maybe after a few years the price of Etherium from Bitcoin will go up.At present it is not possible because the price of Bitcoin has gone up a lot.

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On 1/5/2021 at 7:23 AM, Tanveersab said:

It can't be seen any possibility that ETH overtake bitcoin because bitcoin become famous  at international level and markets values of bitcoin is high in then ETH and it is more profitable then ETH in investment and trade.

Yeah that's true Etherum will never take over bitcoin, i man not when the price of bitcoin is this high, we can see that bitcoin price pumps up to 40,000 USD for the first time and Etherum price pumps to 1000 USD so the price difference between is huge so its impossible.

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On 12/31/2020 at 9:51 AM, Ghad94 said:

No, my friend, I do not expect this to happen because I do not see them among the competitors in the crypto world because they are, in fact, one industry, so it is possible for them to support each other, but it is difficult to turn the matter into competition. In fact, Bitcoin is the king of cryptocurrencies and Ethereum is one of the alternative cryptocurrencies to it and they are both opaque in terms of  Price and thank you very much

Agree I don't think ethereum will take over Bitcoin because the demand and supply of Bitcoin is not the same with ethereum Bitcoin is capable of most digital currency while ethereum is not capable for it. 

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ETH price is almost 12,00$ and the BTC price is very high almost 41,000$ and in the future may be ETH coin price will cross the BTC but this is not possible that the ETH coin go high like the BTC.


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The price difference between two cryptocurrencies is huge. I don't think that ethereumum overtake bitcoin. The ethereum has good potential and it is good crypto coin for long term holding. If you have money then buy etehereum 

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I do not think that the Ethereum currency will surpass Bitcoin. Whatever happens to the Bitcoin currency, this matter is illogical and that the Ethereum currency has become the currency of airdrops

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This is feasible . Ethereum community is used to create diverse packages for a extensive range of offerings and industries. However the developers paintings in a website that isn't controlled or directed by way of all people, so it is difficult to understand which of those packages will be successful and a good way to fail.

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And secondly, there is hope that not all creditors will rush to convert their bitcoins into fiat, but will hold onto them, hoping for price growth.   In addition to the above, BTC miners exerted some downward pressure on the market. It became known that their coin reserves reached a 14-year low, as they had to sell a significant amount of BTC due to the April halving to cover operational expenses. Recall that the cost of mining bitcoin, according to JPMorgan analysts, is $53,000. Historically, this cost level is a strong support for BTC/USD. However, even in March, JPMorgan did not rule out that after the halving, bitcoin could temporarily fall to $42,000.   In the absence of positive signals, the demand for spot bitcoin ETFs continues to decline, major market participants slow down their activity, and start to take profits. This also pressures the prices. CEO of investment company CryptoQuant Ki Young Ju calculated that over the past two weeks, bitcoin whales and miners set a record by selling coins worth $1.2 billion.   According to 10x Research, all last week, US spot BTC ETFs recorded investor outflows, and on 21 June, net outflow exceeded $105 million. 10x Research believes that bitcoin will now need to find a new price range to stabilize the decline and then find growth catalysts. In the medium term, according to 10x Research analysts, it is not worth expecting BTC to return above $70,000.   Popular analyst Matthew Hyland noted that the combined bitcoin balance on centralized exchanges reached a multi-year low. In theory, this could be seen as a bullish signal, but the crypto market leader is not yet eager to show an upward trend. Naturally, the publication of key US economic data could serve as a vector for further cryptocurrency movements. If the Fed takes its first step in easing its monetary policy in September, it could support risky assets, including bitcoin. According to Cryptology experts, the chances of bitcoin reaching a new all-time high by the end of September are quite high, and what is happening now is a phase of accumulation.   Despite the current decline, many investors remain optimistic, citing the cyclical nature of the crypto market. They also do not forget about the US elections. For example, former Goldman Sachs CEO Raoul Pal predicted significant bitcoin and cryptocurrency market growth in Q4 2024. In an episode of The Wolf Of All Streets podcast, the financier noted that risky assets like bitcoin usually rally against the backdrop of US presidential elections. "The final quarter of an election year is a real 'banana zone' for all assets. It always is," Pal optimistically stated, noting that the "banana zone" for cryptocurrencies in autumn is much more pronounced than, for example, for the Nasdaq index.   Bitcoin was also supported by billionaire Michael Saylor. His company, MicroStrategy, is one of the largest bitcoin holders in the world, with 205,000 BTC on its balance sheet. Despite the negative trend, it increased its reserves by another 11,931 BTC (over $700 million) in the past month alone. Saylor is convinced of the first cryptocurrency's ability to grow to $10 million with support from China and other factors. He believes that in the future, governments, especially China, will fully embrace the first cryptocurrency and integrate it into the state infrastructure. The entrepreneur declared all pre-bitcoin economic instruments obsolete. "Before Satoshi Nakamoto, economics was a pseudoscience. All economists before Satoshi tried to develop economic laws with shells, glass beads, pieces of paper, and credit instruments," the businessman wrote, calling bitcoin a "perfect asset."   In previous reviews, we already wrote that the launch of exchange-traded spot ETFs on Ethereum could give a certain boost to the digital asset market. On 25 June, SEC (US Securities and Exchange Commission) Chairman Gary Gensler noted that the registration process for new ETFs is "going smoothly," and the approval date depends on how quickly applicants submit adjusted S-1 forms. Bloomberg analysts call 02 July the expected approval date for new products. Reuters, citing anonymous sources, reports that a consensus has been reached between fund managers and the SEC in negotiations, and only the "final touches" remain.   Co-founder of venture company Mechanism Capital Andrew Kang stated that after the approval of ETH-ETF, Ethereum's rate could correct by 30%, falling to $2,400. In his opinion, at this stage, the main altcoin attracts much less attention from institutional investors compared to bitcoin. Based on this, ETH-ETF will attract only 15% of funds compared to what BTC-ETF received at the start.   Kang noted that to increase Ethereum's attractiveness among investors, its ecosystem needs to be positioned as a decentralized financial settlement layer, a global computer, or a Web3 application store. At the same time, it will be difficult to sell new ideas for Ethereum's application to funds, as the asset is perceived by investors as an overvalued stock of a large technology company.   Significantly more positively views the future of Ethereum Matt Hougan, CIO of Bitwise, a company managing cryptocurrency funds. In his opinion, the appearance of a long-awaited exchange product is undoubtedly a positive factor, and the net inflow of investments into ETH-ETF over the first 18 months will amount to $15 billion. In his analysis, he relies on the experience of Canada and the EU, where in similar products the inflow ratio for Ethereum and Bitcoin is approximately 1 to 4 (i.e., 25%). In other words, if in the first quarter of work for spot Bitcoin-ETF the total inflow was $26.9 billion, for Ethereum it is expected to be at the level of $6.7 billion. In this case, in three months of work, the leading altcoin could rise to $4,400-5,000.   CEO of SkyBridge Capital Anthony Scaramucci believes that the price of Ethereum could rise even higher, reaching $10,000-12,000. Regarding bitcoin, the entrepreneur allows for its growth to $170,000-250,000. The main driver, in his opinion, will be the further institutional acceptance of cryptocurrency. Scaramucci called the approval of spot exchange ETFs an important regulatory barrier breakthrough for attracting new capital. Thanks to this, in his opinion, the share of digital gold in the portfolios of major players will soon be about 3%.   As of the evening of Friday, 28 June, BTC/USD is trading at $60,190, and ETH/USD is in the $3,390 zone. The total crypto market capitalization is $2.24 trillion ($2.34 trillion a week ago). The bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has dropped from 63 to 47 points over the past 7 days, moving from the Greed zone to the Neutral zone.   In conclusion, here is another observation from Matt Hougan. The CIO of Bitwise presented three reasons why long-term investments in both bitcoin and Ethereum are more advantageous compared to investing only in bitcoin. These are: 1. portfolio diversification 2. the opportunity to earn on very different ecosystems and 3. economic benefit.   Considering the difference in the capitalization levels of bitcoin and Ethereum, Hougan believes that 75% of the capital should be invested in BTC and 25% in ETH. According to calculations, over the period from May 2020 to May 2024, the yield of such an investment portfolio is 3% per annum higher than one that only contains bitcoin. However, Hougan acknowledges that in the shorter term, a portfolio including 100% BTC outperforms a diversified one. Moreover, investing only in bitcoin carries fewer risks due to its higher market capitalization and features such as limited coin issuance and a phased reduction in the inflation rate to zero.   NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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