Post
Topic
Board Altcoin Discussion
Re: Eth could take over BTC or not
by
Shasha80
on 23/08/2022, 12:24:49 UTC
With PoS coming and Gas fee finally getting fixed do you think that Ethereum is capable of overtaking bitcoin? Oh also there will be max supply for Ethereum finally too, or is this expectation of mine way too high.
Well, it was good to see how ETH makes such a tremendous price trend nowadays but unfortunately, it was not the thing we consider enough to take over BTC and make the number 1. NO, it was not like that and we know that BTC still dominating the market despite all the dumps, even ETH will have its max supply, high demand, price surge, etc...
We have to accept that ETH remains #2 in the CMC and BTC is on top. Nothing could change of it unless if Bitcoin will die, (but I don't think if there is something left on the market).

It seems that Bitcoin is too strong to beat, so for Ethereum it will never be able to replace Bitcoin. If we compare Bitcoin and Ethereum from marketcap
and trading volume, the difference is very big. So as you said the reality is Ethereum will always be number two and behind Bitcoin. So we can see
Bitcoin always dominates the market, even though it is in a bear market. That's why when we have capital to invest in crypto, always prioritize investing
in Bitcoin. This means that the percentage of investment in Bitcoin should be greater than any altcoins, because Bitcoin is the best cryptocurrency,
then investing in Bitcoin has the least risk compared to investing in altcoins. The opportunity to make a profit from Bitcoin is also very large, as long as
we can be patient holding Bitcoin until the price goes up. In fact, many new projects have been created to replace Bitcoin, but all have ended in failure.