Everybody knows that BTC is a boomer coin that can't scale. So if ETH 2.0 suceeds can ETH finally flip BTC? This almost happened in 2017, it can happen in the future.
Will ETH flip BTC if ETH 2.0 succeeds?
Tyler Barnes
Liam Edwards
what this market has taught me is anything can happen and dreams really do come true but you have to chase your dream
Jason Howard
No.
Jayden Cruz
This did not “almost happen” in 2017. Bitcoin was on its way down and for whatever reason Ethereum was still going up at the same time. At the closest point Bitcoin still had over $100 billion more market cap than Ethereum. That’s not almost, Ethtrader.
Kevin Smith
no.
Tyler Mitchell
At one point BTC dominance was 39% and ETH was 31%. That was pretty close.
Brandon Bailey
"First move advantage" and "store of value" are memes.
If BTC can't scale I can't see why other coin would not take its place as number one.
Nathaniel Rodriguez
Rofl absolutely not
Jonathan Reyes
mETH kills
Eli Howard
That doesn’t tell me anything. Market cap or GTFO.
Nicholas Reed
ETH 3.0 is where its really at
Nicholas Powell
never trust mETH holders
Ryan Sanchez
Yes.
Blake Bell
yes
Noah Foster
mETH will never respect deadlines, mETH2.0 phase one is not a scalability improvements
mETH hasgrate is dropping like a rock
Xavier Martinez
>t. maxi
cope
Jack Hughes
POS stcking will ve very centralized no regular user will host stacking node, cause in case of no uptime you can loose up to 60% of your stake if electricity or internet goes down
Hunter Carter
yea, keep dreaming ICO 2.0.
Samuel White
Don't you hate it when a website has an annoying bug? Well, imagine if before the developers could fix it they had to ask all their investors to have a say in the bug fix. Regardless of the severity.
Smart contracts don't scale for 99.9999999% of applications people talk about and they've been falling for the meme because the price has been going up.
Not to mention ETH devs have extremely high turnover and many of the ones left spend their time doing acid at degenerate events because they're in their 20s with fuck you money.
Carter Diaz
If btc gets flipped crypto is unironically over, so no. Eth will bleed.
Dylan Brooks
eth downfall was unirocally eth devs getting rich too quick.
also vitalik is a cult leader at this point
Gavin Stewart
cope
Brayden Morales
quantity of developers doesn't mean shit if they are all script kiddies.
what matters is quality, cryptographers is the rarest workers breed there are probably less then 100 competent cryptographer in crypto 90% of them work on bitcoin
Evan Turner
it's not about scaling you dumbfucks. Its supply and demand that drive price. ETH has 5 times the supply and will need 5 times the demand. Utility isn't good for price it increases token velocity. BTC's price goes up because of holders and game theory from the miners. Increase holder % and decrease supply and price goes up. ETH might be a better money but Money usually doesn't increase in value until it's rare. Most ETH users don't hold ETH, they spend it out ICO's, gambling dapps, gas on DEX, Egames, Ecollectibles, and deflationary smart contracts. By spending ETH we put it back on the market and prevent price increases.
Buy Shock @ ddex.io/trade/SHOCK-WETH
Colton Powell
>ETH at a 1 year ATL in sats
You're the only one that's coping faggot
Christopher Hill
> this retard actually believes bitcoin is god of crypto forever
Don’t be this guy ever
Matthew Clark
Are you retarded?
William White
Pardon me, 2* YEAR ALL TIME LOW IN SATS
GET FUCKED NIGGER
Jackson Johnson
at what point do these fags fomo? Im thinking 1k
Nathan Edwards
you should study some austrian economics.
bitcoin is creating a monetary premium thanks to predictable monetary polices its deflationary nature and its commodity based extraction.
a good money must be hard and predictable.
eth doesn't have any of the qualities i have explained above.
read some mises or rothbard.
a good introduction can be the bitcoin standard by saifedean ammous
Chase Gomez
ICOmania is over retard.
Adam Young
i will buy eth between 12 and 7 sats then dump it on plebs, i don't fomo i buy basedboys blood and then dump on retards to get more btc
Noah Baker
just want to remind you that when you buy in you are buying my bags. see you at the top
Camden Cooper
also want to take a minute to laugh at this guy who thinks eth will hit 7 sats
Landon Gray
Because the coin should satisfy other properties
Look at ETH, they are more communists than Tito
Levi Gomez
no.
John Watson
absolutely based and redpilled
Everything mETH heads believe in is soft brained silicon valley sÓyum speculation powered by fallacies and hype. The original mETH speculators misunderstood everything about bitcoin and what blockchain tech was actually good for. Vitalik was politely shooed away from the bitcoin codebase back in the day for having terrible ideas. Muh world computer, muh decentralize everything, muh dAPPs, muh ICO financing platform, it's just one failed narrative after another. Bitcoin / cryptocurrency is first and foremost an economic innovation, the tech is just an incidental means to an end to bestowing certain economic properties. Bitcoin is simple, it has economics and game theory backing it up, the reasons it has remained number one only grow more stronger by the day. Ethereum is a complicated mess of narratives without having gained any real use case (that has actual market demand) over any other shitcoin, and now it has to completely change the nature of its network without having negative unintended/unforeseen consequences to the economics and game theory propping up its price. Something ethereum developers are notably ignorant of relative to bitcoin developers, quite the worrisome blindspot. Pic related is but one example of the ignorance of your average mETH developer.
It's hilarious you think the general public or institutional investors want to hold this shitcoin that has no discernible or reliable monetary policy, when in fact few outside of the reddit cult care about its buzzword based promises and ever-changing hype narratives. So many heavy bag holders, yet it's still basically just an experiment. Lefty squishy brains will continue to be gaslight by the chart probably throughout most of 2020, it's the price of your economic ignorance.
Ayden Morris
Yes it will
Because it's way more than juste a currency and the community is too big too fall
Ryan Ross
So much eth FUD lately all based on the same 2016 arguements that have already been proven wrong.
To any newfag, ETH is your only chance to make it. Acquire 210 before year end and then sell at $5,000 or when the BTC ratio hits 0.1, whatever comes first. Just listen to me and you will be a millionaire by December 2021
Adam Evans
Nice chart user
Julian Richardson
There are pure cryptocurrencies much better than Bitcoin like NANO.
BTC doesn't offer anything than "muh first cryptocurrency".
Noah Foster
Eth is to bitcoin what silver is to gold. Eth has better fundamentals but bitcoin is a better decentralized store of value.
Andrew Cox
Yes.
PoS appeals to Buffet-style investors, people that only buy income-generating assets.
It doesn't matter in the slightest what existing people in crypto think about ethereum once people like that get wind of something that's an actual share in the smart contract economy. Buffet types control orders of magnitude more money than people that ever could become interested in the "digital gold" meme coin.
Noah Anderson
>less then 100 competent cryptographer in crypto 90% of them work on bitcoin
LMAO you couldn't be more wrong. Dominance of ethereum among cryptographers is absolute.
What "cryptography" can they even do on bitcoin? Schnorr signature aggregation is literally from 80s, the only reason it wasn't used is because of patents.
Verifiable computation with sublinear verification cost is the biggest practical revolution in crypto since asymmetric signatures, and one most applicable to blockchains, and it's all happening mostly (zk-snarks) and exclusively (starks) on ethereum.
Everyone doing anything with zk-snarks, except for the zcash team itself, is doing it on ethereum, because it's literally the only option. Newly arriving circuit compilers (like zokrates zokrates.github.io
Starks, the only solution in existence with sublinear verification for arbitrary circuits without trusted setup (ie. zk-snarks) is 100% ethereum at this point.
starkware.co
They even have Vitalik on their main page. Starks are literally the only solution in existence that allows fully trustless - no trusted setup - sidechains with unlimited scalability, including layer 2 dexes.
Thomas Cook
based and eth pilled
Zachary Gomez
>income-generating assets
Isn't this the point of investing? To get passive income?
Kevin Reyes
well yeah but tell that to everyone buying bitcoin
Charles Diaz
Most are buying bitcoin in the hopes that it goes up in value over time.
Juan Clark
That's not passive income. Bitcoin doesn't and is never going to generate any.