Post
Topic
Board Trading Discussion
Re: Between Ether and Bitcoin, which will be on top in 5 years?
by
cryptojac17
on 08/11/2017, 13:44:24 UTC
Do you think Ether will catch up? The technology is more advanced, but will scalability of ethereum be an issue?
No I don't think that ethereum is gonna catch up with bitcoin, I know that it have a better technology and also faster time for transfer of funds but that doesn't mean that it can surpass bitcoin that easily, it's the most backed cryptocurrency, and also the first ever cryptocurrency to be made.
And also that bitcoin is also evolving with time with major network implementations and changes to combat the problems that it is facing now.
I agree that ethereum could not cope up with what bitcoin has gone through specially the progress of it value in the market right now. Possibly bitcoin will hit that very high price within five years also with ethereum but still its second to bitcoin, because of the demand still couldn't surpass due to ethereum has to be traded first to bitcoin so it's still depe dent with btc' economy. However if agreed on some exchangers sites in the future maybe there will be an implementation of ethereum to fiat trading, then we can say the possibility is there already.
After 5 years in my opinion bitcoin will still stand on top, due to good movement of bitcoin in the market I never see any reason to surpass by ethereum. Otherwise bitcoin was so in demand to all members and investors so this is  enough reasons to believe to the ability of bitcoin.
Moreover since started, bitcoin was always on top no one can steal this position for the past 6 years.
Yeah your analyses for this matter is somehow correct it would take for several  for ethereum to catch up because Bitcoin is the first ever crypto currency made, for several years Bitcoin is number one in Crypto currency, there is no doubt that the team working with these would probably  surpassed several challenges that go through their way. Although ethereum is faster in term of technology but still a long way to catch up, but hopefully that in the world of crypto currency  the time would come that there is  a pair competition so that there is no monopoly happen, but for now I’ve seen that BTC will still get the dominance of cryto currency world.