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Will Ethereum Overtake Bitcoin

4 Cryptocurrencies That Could Surpass Bitcoin

4 Cryptocurrencies That Could Surpass Bitcoin

4 Cryptocurrencies That Could Surpass Bitcoin Could bitcoin's dominance as the world's largest digital currency by market cap soon come to an end? Historically, the stock market has been the greatest creator of long-term wealth, with an average annual gain, inclusive of dividend investment and adjusted for inflation, of 7%. This would imply the opportunity for invested funds to double in value about once every decade. However, cryptocurrency investors have laughed their way to the bank over the past year, with virtual currency valuations going through the roof. When 2017 began, the aggregate value of all cryptocurrencies combined was just $17.7 billion. By Jan. 4, 2018 (369 days later), the combined market cap of all 1,384 investable cryptocurrencies had soared to $774 billion. That's an increase in value of close to 4,300%, and it's a return the broad-based stock indexes would take decades to deliver. Objects in the rearview mirror are getting closer Bitcoin, the world's most valuable cryptocurrency by market cap, and the digital coin accepted by more merchants than any other virtual currency, is often credited with being the impetus for this rally. After all, bitcoin was the first to bring blockchain technology -- the digital, distributed, and decentralized ledger that underlies cryptocurrencies -- into the mainstream, and was the first actively traded digital currency on decentralized exchanges. But, truth be told, the rally in recent months has been about far more than just bitcoin. In fact, bitcoin's dominance in relation to the aggregate cryptocurrency market cap is about as low as it's ever been at 34%, suggesting that the valuations of other virtual coins are growing at a much quicker pace than bitcoin's. In fact, the aggregate value of all cryptocurrencies, ex Continue reading >>

How Ethereum Can Overtake Bitcoin

How Ethereum Can Overtake Bitcoin

As the cryptocurrency space gains traction and Bitcoin matures, consider yet another type of digital currency, Ethereum . It's the second most popular with investors and also uses Blockchain technology. As of this writing, Ethereum is trading at $290.65 What distinguishes Ethereum from Bitcoin is the technology behind Ether, the unit of cryptocurrency used on the Ethereum blockchain. As well, Ethereum relies on ledger technology , a decentralized type of database that's spread across multiple sites, regions and participants. In addition, there are two different types of Ether: Ethereum and Ethereum Classic . Earlier this year the U.S. Securities and Exchange Commission (SEC) moved in on the Wild West world of Initial Coin Offerings (ICOs), announcing that virtual tokens like the ones sold by the decentralized autonomous organization (DAO) are securities and subject to federal securities laws. The DAO is run through rules encoded as computer programs called smart contracts. One important distinction to emerge in the recent report was that while DAO tokens are securities, Ether is still in the clear. Ned Scott, CEO of social network Steemit explains that Ethereum is soaking up tons of value because of ICOs, which attract new capital that must go through the base currency, ether. Scott says: If the ICO craze sustains, then ether should be a huge beneficiary over the next several years and its value should increase several fold. 'Byzantium' hard fork update expected in October There are a number of things to be aware of when considering Ethereum as an investment option. Perhaps the most significant factor right now is the upcoming Ethereum update in October which could impact prices further. During September Ethereum was expected to undergo what's been nicknamed a "Byzanti Continue reading >>

Trying To Overtake Bitcoin, Ether Is Chased Down By A Different Rival

Trying To Overtake Bitcoin, Ether Is Chased Down By A Different Rival

Bloomberg the Company & Its Products Bloomberg Anywhere Remote LoginBloomberg Anywhere Login Bloomberg Terminal Demo Request Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Trying to Overtake Bitcoin, Ether Is Chased Down by a Different Rival Bitcoin offshoot surging after Coinbase enables trading Ether pursuit of top spot among cryptos on hold for now The pursuer is about to get caught from behind. Bitcoin cash, a spinoff that emerged in August following a heated debate in the cryptocurrency community over how to make transactions more efficient, is on the brink of overtaking ether as the second most valuable digital coin by market value. It wasnt supposed to go like that. For months, Ethereum enthusiasts have been waiting for what they call the flippening, the day when ethers market value overtakes bitcoin. Now, its bitcoin cash thats tracked down ether, with its price surging 62 percent since Coinbase enabled trading in it Tuesday. That pushed its market cap as high as $73 billion today, compared with ethers $79 billion valuation, according to data on Coinmarketcap.com. Thats not to say ethers been slumping. Its value has soared by $50 billion since the end of October. Bitcoin, though, has almost tripled in that time to just under $300 billion. Bitcoin spinoff gains on crypto cousin ether For Roger Ver, one of the earliest promoters of bitcoin, the offshoots rise has only started -- and bitcoin itself had better watch out. By next Continue reading >>

How Cryptocurrency Ethereum Looks Set To Overtake Bitcoin In One Chart

How Cryptocurrency Ethereum Looks Set To Overtake Bitcoin In One Chart

How cryptocurrency ethereum looks set to overtake bitcoin in one chart Ethereums market cap closes in on bitcoins as fans watch for The Flippening Ethereum appears poised to steal bitcoins crypto crown. Just as Wall Street is paying more attention to bitcoin, a rival is increasingly threatening to become the top dog among cryptocurrencies. Ethereums market capitalization has neared bitcoins, as shown in the chart below from CoinMarketCap . As of June 18, bitcoin BTCUSD, -0.58% (shown in orange on the chart) accounted for 38% of the combined market capitalization for all cryptocurrencies, down sharply from 87% on Feb. 25. Blame the erosion on ethereum (shown in purple), which on that date made up 32% of the total market cap, up from just 5% in February. Bitcoin has since regained some ground, accounting for 44% of the market cap as of mid-July vs. ethereums 24%. If ethereums market cap overtakes that of bitcoin, then The Flippening will have happened. That is the term that many people are using to refer to that shift, according to a post at the Flippening Watch blog . Bitcoins market cap currently sits at about $42 billion and its price was under $2,600 at last check, according to data from CoinDesk and CoinMarketCap. Ethereums market cap recently stood at $22 billion and its price at around $240. Dont miss: How big is bitcoin, really? This chart puts it all in perspective By some metrics, ethereum already has eaten bitcoins lunch. It has almost five times as many nodes in its network as bitcoin, meaning more people are using their computers to support it, a Motherboard report notes . Ethereum also has more transactions per day, the report adds. Check out: Ethereum has soared but is it ready for prime time? But some traders remain skeptical of ethereum: Screenshot pulle Continue reading >>

Ethereum's Co-creator Predicts A

Ethereum's Co-creator Predicts A "flippening" With Bitcoin In 2018

Ethereum co-creator Steven Nerayoff says increased projects built on the cryptocurrency could trigger a "flippening" in 2018, in which ethereum overtakes bitcoin. "What you're seeing with ethereum is exponential increase in the number of projects there are billions of dollars being poured into the ecosystem right now maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably a tripling in price by the end of the year," Nerayoff said Monday on CNBC's "Fast Money." While bitcoin was designed to function as a peer to peer electronic payment system, ethereum was designed for smart contracts that execute when specific conditions are met. Nerayoff, who helped craft token sales for the ethereum project, said businesses in an increasingly wide variety of industries are starting to take note of what value Ethereum's protocol could offer them. "You're seeing a tremendous amount of growth across a wide variety of industries. Fintech is actually the natural area, but now you're seeing it becoming increasingly more creative you find projects in the oil and gas industry, you're finding government using it in their applications, you're seeing it in gaming, all kinds of different areas," Nerayoff said. Beyond project building, Nerayoff said usage is increasing because ethereum can process transactions more quickly and cheaply than its rival. "People are actually using it for currency, as well," he said. "Lower transactional costs are increasing usage of the entire network, and that's increasing the network effects of it. There are more users, more projects being built on there and more programmers," he said. Despite his confidence, Nerayoff isn't discounting bitcoin and the interest in cryptocurrency it inspired in 2017. "The entire space is Continue reading >>

Ethereum Will Overtake Bitcoin

Ethereum Will Overtake Bitcoin

In the next year ETH will overtake BTC as the number 1 cryptocurrency. I would unload your bitcoin while you still can. i think not it is a little bit overestimated to say that Ethereum will overtake Bitcoin because ethereum is still not to be not limited to a certain supply. There are absolutely 0 chances for ETH to take over BTC. After all these ICO's cooldown the marketcap of Ethereum will drop down dramatically. It's not even the best platform for tokens anymore, the blockchain constantly gets clogged. There are far better platforms for tokens nowadays and people will figure that out soon. Go do some research before talking about things that you have no clue about. I barley think the this will happen in anytime in the future! The real bitcoin as speak is always going to have more trust as compare to other coins and ETH specially. This trust will always keep building more and more investors and crypto enthusiast in the favour of bitcoin leading to ultimate investment into bitcoin. So you see here, the weightage for the bitcoin will be always higher as compared to the ETH. Im completely in favour with the ETH as good investment but it always comes after the BTC. Its perfect currency for long term investment but I don't think that anyone will ever put it in the first rank and that too after having blessed with BTC in the crypto world. Quote from: angel55 on December 22, 2017, 01:46:38 PM In the next year ETH will overtake BTC as the number 1 cryptocurrency. I would unload your bitcoin while you still can. ETH will be grab the second place only in the crypto market. Bitcoin which is mined at the early time still hold by the miners who have done that time. They are the people still holding the bitcoin marketplace growth in their hand for long time But ETH is completely Continue reading >>

Ethereum To Overtake Bitcoin By 2018, Says Crypto Hedge Fund Ceo

Ethereum To Overtake Bitcoin By 2018, Says Crypto Hedge Fund Ceo

Ethereum To Overtake Bitcoin by 2018, Says Crypto Hedge Fund CEO Matthew Neuteboom June 2, 2017 7:00 am Olaf Carlson-Wee, CEO ofhedge fund Polychain Capital, says Bitcoin may lose its edge over Ethereum as soon as the end of next year. With the highest market share and price, Bitcoin remains the most popular cryptocurrency today. The aggressive growth of Ethereum, the markets second-most popular cryptocurrency, has led Carlson-Wee to predict in an interview with Bloomburg that it will overtake Bitcoin by the end of 2018. He even speculates thatthe market cap of Ethereum will surpassthat ofBitcoin before the end of this year. He explained: What weve seen in Ethereum is a much richer, organic developer ecosystem develop very, very quickly, which is what has driven Ethereums price growth, which has actually been much more aggressive than Bitcoin. The value of Bitcoin has skyrocketed more than 500% since this time last year. It currently stands at around $2,500 USD, more than ten times the value of ETH. Nevertheless, Ethereum has grown even faster, and is now worth more than 20 times its value just four months ago. Additionally, Ethereum has slowly creeped into Bitcoins market share, which has tumbled to nearly half its 90%stakejust four months ago. In that same time frame, ithas quadrupledits market share to 30%. Given current trends, it would not be surprising to see Ethereum take the lead within even a few months. Proponents of Ethereum claim it offers numerous advantages , the most important of which is that it acts as a smart contract system. Ethereum allows decentralized apps to be built on its blockchain, creating a synergistic effect that increases its value as more projects are added to it. Each projectbecomes a multiplier on the existing value of our system, resu Continue reading >>

Four Metrics That Indicate Ethereum Could Overtakebitcoin

Four Metrics That Indicate Ethereum Could Overtakebitcoin

Vitalik Buterin, the creator of Ethereum. Photo credit: TechCrunch . Four metrics that indicate Ethereum could overtakeBitcoin Ethereum has two fundamental advantages over Bitcoin: one technological and one organizational. Whereas Bitcoin is a cryptocurrency only, Ethereum is a general-purpose platform for running blockchain-based apps, like a decentralized version of iOS or Android. Ethereum includes a cryptocurrency, Ether, plus anything else that software developers want to create for the platform. The range of possible use cases is potentially unlimited. This is why there are reportedly 30 times as many developers working on software related to Ethereum than to any other blockchain technology, including Bitcoin. Bitcoin suffers from a lack of strong leadership. Its pseudonymous creator Satoshi Nakamoto hasnt been heard from in years. In the last sixth months, Bitcoin has split into two: Bitcoin and Bitcoin Cash. In contrast, Ethereums creator Vitalik Buterin leads Ethereum development at the Ethereum Foundation. Development seems to be going well. On December 31, Ethereum launched a test network for alpha testing of Casper, its implementation of proof of stake , a less computationally intensive way to validate transactions. These two fundamental advantages lead me to believe that at some point Ethereum will overtake Bitcoin in popularity and market value already, the total circulation of Ether is worth $121 billion to Bitcoins $259 billion. In fact, there are four metrics that show Ethereum has already surpassed Bitcoin in network performance and indicate rising popularity relative to Bitcoin. The Ethereum network processes 1.2 million transaction per day. Thats over three times more than the Bitcoin network, which only processes 354,000 transactions per day. To ge Continue reading >>

Will Ethereum Overtake Bitcoin In 2017 At Least On One Day, And By How Much?

Will Ethereum Overtake Bitcoin In 2017 At Least On One Day, And By How Much?

Will Ethereum overtake Bitcoin in 2017 at least on one day, and by how much? Welcome. First, let us explain the four tasks in each question. This button will later bring you to the wiki with some background information to the question. Now please click the blue arrow > to continue. This button will show you the exact judgement rule which specifies how the question will be settled and the winner determined. You must accept the rule to unlock trading. Clicking here will open the trading section where you can then buy and sell predictions using your virtual credits. The last button will bring you to the market talk section. Try to convince other traders of your predictions with a good argument. The better your predictions are compared to other traders, the higher will be your share of the incentive. Welcome! First, please click the book icon to jump to a question's information wiki. Great! Now please click here to check the exact judgement rule. Now, lets do your first trade together. Please click here. Last task: Now convince other traders of your answer to push its price. Click here to proceed to the next question. Continue to trade, talk, or rate before proceeding to the next question. Click here to go to the previous question. **Investieren Sie Ihre Credits gem Ihrer Einschtzung **Handelslimit fr diese Frage {{ portfolio.free_credits_question | number:2 }} **Gewinn/Verlust (%) {{ portfolio.total_profit_loss | number:2 | removeMinus | addPlus | addPlusMinus }} ({{ portfolio.total_profit_loss_relative | number:2 | removeMinus | addPlus | addPlusMinus }}) You can invest up to 10,000 of your 100,000 credits in each question. Now please select the likeliest answer and invest. The more you buy, the higher the price. The next trader must pay even more. Go on. Click the green Continue reading >>

5 Answers - When Will Ethereum Overtake Bitcoin?

5 Answers - When Will Ethereum Overtake Bitcoin?

All of the answers you will receive will be speculation and personal opinion. There is no way knowing for sure. My opinion is that Ether will never be valued as high as Bitcoin. Bitcoin was developed as a store of value. It is meant first and foremost to be used as a currency, and that is what it is good at. People know Bitcoin to be the definition of a blockchain (as correct or incorrect as that maybe), and when they go to invest in cryptocurrencies, they think about Bitcoin first. Bitcoin has the purpose, and Bitcoin has the branding. Ethereum was developed as a platform for smart contracts. The currency, Ether, exists as a way to make transactions on the Ethereum blockchain, but the blockchains focus is on being a place for dapps to exist. People are less familiar with Ethereum. They only know it is Bitcoins younger, less valuable brother. Ethereum doesnt focus on value in currency, it focuses on providing a platform for others. On top of that, it is less well known by the general public. People often speak of Bitcoin, and Ethereum as if theyre related. That is only vaguely the case. They do posses the common trait of being blockchain based, but thats where the similarity ends. Cryptocurrencies need two characteristics to be a good store of value, decentralization and a cap on total units issued. Ethereum is not a cryptocurrency by that definition; it is a platform for smart contracts. Bitcoin, is designed specifically as a store of value and medium of exchange. The Ethereum blockchain is controlled by a relatively small group that can and does edit the blockchain. This was demonstrated by the June 18th, 2016 DAO debacle that led to a hard fork. Bitcoin is decentralized making it immune to censorship or manipulation. Bitcoin has a cap of 21 million units to prevent Continue reading >>

Olaf Carlson-wee: Ethereum Will Overtake Bitcoin At End Of 2018 : Ethtrader

Olaf Carlson-wee: Ethereum Will Overtake Bitcoin At End Of 2018 : Ethtrader

Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Mod Logs | Vote Tracking | News Timeline | Education | Comments RECDAO is a meta-community that seeks to provide Ethereum-based tools for improving how we use Reddit. Pre-register and then register your Reddit username on the Ethereum blockchain, vote in the dao, and be awarded community tokens based on your karma in community subs. Please see the FAQ for more details. TECHNICAL ANALYSIS FUNDAMENTAL ANALYSIS DISCUSSIONS DAPP DISCUSSIONS NEWS DAPP NEWS SCAMS WARNINGS TOKEN WARNINGS SECURITY RELEASE DAPP RELEASE EXCHANGES ADOPTION DAPP ADOPTION SENTIMENT STRATEGY METRICS MINING EDUCATIONAL MEDIA LEGACY DAPP ERC20 TOKEN AUGUR ALTETH ALTCOINS COMEDY SUPPORT TOOL You can correct inaccurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. All flair names are capitalized, e.g. use [AutoMod] EXCHANGE instead of [AutoMod] Exchange. Two word flairs require a hyphen in between them. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>

Ethereum Price: Can The 2nd Largest Cryptocurrency Overtake Bitcoin?

Ethereum Price: Can The 2nd Largest Cryptocurrency Overtake Bitcoin?

Ethereum Price: Can The 2nd Largest Cryptocurrency Overtake Bitcoin? The last few months have been rather stormy for the Ethereum price, and indeed the entire cryptocurrency niche. Overall, it has been a hugely successful year for Ethereum, yet the Ethereum price has receded quite significantly in the last few days. Many are beginning to question the long-term viability of the cryptocurrency concept, and Ethereum will certainly face challenges in the coming weeks and months. Aside from legislation, particularly concentrated in East Asia, which is impacting on the value of cryptocurrencies, there is debate over whether the recent World Economic Forum in Davos could impact on the Ethereum price. This talking shop features some of the worlds wealthiest and most powerful people, and has been known to have a serious impact on numerous markets, regardless of the feelings of outsiders to this elite confab. Its already known that the cryptocurrency market has been a major topic of conversation at the Davos conference this year, and there are two particular areas that could strongly impact on Ethereum. The first is a meeting dubbed The Remaking of Global Finance, while the second will see attendees discuss the Crypto-Asset Bubble. Some of the biggest names in the world of finance will thus be discussing the Ethereum price alongside other cryptocurrency issues, and there is no doubt that this will have a massive influence on the market going forward. Unfortunately for those backing the cryptocurrency concept, the noise coming out of the Davos confab has been largely negative towards Ethereum and other similar systems thus far. For example, Christine Lagarde, CEO of the International Monetary Fund, has expressed concerns over the potential for cryptocurrencies to be utilized for Continue reading >>

Will Ethereum Overtake Bitcoin?

Will Ethereum Overtake Bitcoin?

The latest dramatic rise in cryptocurrency prices has come to an abrupt halt. Many coins are down by double figure percentage points with only a handful of cryptocurrencies avoiding the impact of this current sell off. One cryptocurrency that is defying the downward trend is Ethereum. As the media switches their attention to productless tokens with Twitter-happy CEOs, Ether quietly breaks through numerous all time highs with transactions/day on the network exceeding 1,300,000. A first (by some distance) for any blockchain. Ethereums relative lack of media attention should come as some welcome respite. Ethereum, like Bitcoin, is a victim of its own success. Both blockchains have become so popular that their networks are congested, dramatically increasing transaction times and the overall reliability of transfers; any further attention given to Ethereum will only go so far as to demonstrate that this technology is not quite ready. But despite its lack of readiness, Ethereum appears set to dominate headlines as it edges ever closer to supplanting Bitcoin as the top currency by market cap, something that may happen sooner than many had expected. For all of Ethereums failings (and there are failings), its long-term potential to achieve dominance as a global store of value, payment network and smart contract protocol are second to none. Ethereum is on the cusp of another explosion in adoption and price. Many people in this space have previously avoided any references to Ethereum as a store of value. A globally accepted (digital) store of value requires (among other things) stability and security of its protocol, an accomplishment well and truly achieved by Bitcoin. Ethereum on the other hand, has a protocol which is scheduled to go through a number of upgrades, each carrying Continue reading >>

Will Ethereum (eth) Knock Bitcoin (btc) Off Its Top Spot?

Will Ethereum (eth) Knock Bitcoin (btc) Off Its Top Spot?

Will Ethereum (ETH) Knock Bitcoin (BTC) Off its Top Spot? February 01, 2018, 09:55:00 AM EDT By Nick Cawley, DailyFX Bitcoin and Ethereum News and Talking Points - The top two cryptocurrencies by market capitalization have had very different fortunes in 2018 and charts suggest the moves are not over yet. - Ethereum's gains suggest a strong and stable client base. Ethereum May Overtake Bitcoin Soon as the New Market Heavyweight The two largest digital coins by market capitalization, Bitcoin (currently $158 billion) and Ethereum ($111 billion) are currently trading in completely different directions with BTC's price down around 50% this year while ETH has bucked the general market trend and is up around 50%. While Bitcoin continues to be very much under the market's microscope - with the latest rumors swirling that the recent Tether/Bitfinex subpoenas may throw up some nefarious BTC price activity - Ethereum has kept very much under the radar and avoided any negative headlines. We looked at both BTC and ETH at the latest Cryptocurrency Webinar and concluded that while BTC remains negative on the charts, Ethereum's set-up was much more positive. The Ethereum vs. Bitcoin chart has also thrown up an interesting set-up, and if history repeats itself, ETH could well become the most valuable cryptocurrency in the near future. To become the new market capitalization leader, ETH needs to outperform BTC by 42% overall, something that can happen in quick order when markets make double-digit moves on a daily basis. Ethereum/Bitcoin Price Comparison Chart (April, 2017 - February 1, 2018) Cryptocurrency Trader Resources - Free Practice Trading Accounts, Guides, Sentiment Indicators and Webinars If you are interested in trading Bitcoin against Ethereum, or either outright, we can offe Continue reading >>

Will Ethereum Overtake Bitcoin Soon?

Will Ethereum Overtake Bitcoin Soon?

Comparing various blockchain-based platforms is often nonsensical as each one has its different structure, features, benefits, and set of rules. But in the world of digital currency, there are certain important metrics that are worthy to take a closer look. This includes the volume of transaction processed by the platform. For example, recent data reveals that Ethereum helped in processing more than $23 Billion in only 24 hours, which is almost as much as ETC, BTG, Dash, Litecoin, Bitcoin Cash , and Bitcoin combined. This is an interesting progress, even though not all blockchains could be traded in this manner. Each blockchain has the capability of processing transactions and transmitting monetary value from one party to another. In the world of cryptocurrency, this is crucial to make sure that the network becomes valuable to its community. When it comes to popularity, Ethereum is considered as second to Bitcoin in terms of transferring value. However, it shows that the ecosystem can process almost as much value as the other leading digital currencies combined. While most people believe Bitcoins dominates the cryptocurrency world, there is now a high possibility that Ethereum will overtake its place. In particular, the value transfer of Ethereum does not only pertain to Ether transactions. This also involves the ERC20 tokens that are also issued by the platform. Hence, the actual numbers are not strictly accurate, even though the difference could be considered immaterial. The important indicator is how the Ethereum blockchain can handle as much as $24 Billion volume in as short as 24 hours without major technical glitches. On the other hand, Bitcoin is a lot slower and more expensive, although it is still the number one blockchain today. The volume of financial transa Continue reading >>

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