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Author Topic: Eth could take over BTC or not  (Read 92 times)

AishwaryaDas

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Eth could take over BTC or not
« on: August 09, 2022, 03:40:05 PM »
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.

CryptoboyRamesh

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  • Re: Eth could take over BTC or not
    « Reply #1 on: August 09, 2022, 04:49:54 PM »
    I don’t think Eth can takeover BTC. I mean , I have often seen people claiming that using of ETH is more complicated due to it’s separate blockchain and smart contracts etc. On the other hand BTC is as simple as that.
    We can also compare BTC and ETH popularities and marketcap. These shows how more people are attracted towards BTC.
    Moreover BTC are limited in supply, this drives more people crazy about Bitcoins and hence they are fond of storing or buying more BTC than ETH.
    So I don’t think OP, it never gonna happen.

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    indianCrypto

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    Re: Eth could take over BTC or not
    « Reply #2 on: August 26, 2022, 01:19:54 AM »
    Maybe switching to POS could increase the marketcap for ETH but I feel like bitcoin can never be replaced, bitcoin has been the king of all cryptocurrencies for a long time. although later ETH will have a limited amount of supply but bitcoin has already set the supply amount long before ETH was created.

    indianCrypto

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    Re: Eth could take over BTC or not
    « Reply #3 on: September 02, 2022, 12:01:44 PM »
    The problem with many of these bots is that they only work in either ranging or trending markets. So during a bull run you will see many of these bots in profit. However when the trend settles and it starts to range that is when you are going to experience nothing but losses.

    Another issue is the large stop losses they use . They take profit early but hold on to their losers until they get break even. Eventually what will happen is they will end up getting their entire balance drained when the loss becomes too large.

     

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