Live data from Hacker News

Bitcoin is not going to make it

web3-trenches-podcast.simplecast.com

1–10 of 14 posts

Re: Bitcoin is not going to make it

#2
Cryptocurrency as a whole isn't going to make it or specifically Bitcoin as the "leader"/top dog in the coin? Is Ethereum showing any metrics of growth/cannibilzing into Bitcoin's lead? When is it projected that Ethereum will lead and Bitcoin will be secondary?

According to https://coinmarketcap.com/

ETH market cap: $205,472,110,461

BTC market cap: $451,416,778,093

Not as far off as I would've though to be honest.

https://ycharts.com/indicators/ethereum_market_cap

https://ycharts.com/indicators/bitcoin_market_cap

At a quick glance I don't see any period in the past 5 years on those charts where Ethereum isn't at least 2:1 behind BTC so... is it really "growing" or just basically pegged against BTC?

Re: Bitcoin is not going to make it

#4

Cryptocurrency as a whole isn't going to make it or specifically Bitcoin as the "leader"/top dog in the coin? Is Ethereum showing any metrics of growth/cannibilzing into Bitcoin's lead? When is it projected that Ethereum will lead and Bitcoin will be secondary? According to https://coinmarketcap.com/ ETH market cap: $205,472,110,461 BTC market cap: $451,416,778,093 Not as far off as I would've though to be honest. ht…

At least ethereum is continously improving like moving to PoS while bitcoin is stuck in the past without any utility except payments which it's really bad at.

Sure ethereum yet has to show usability as well but it has a much better chance of this than bitcoin.

Bitcoin also has such a large amount of its coins in Satoshi's control that if he ever shows up and moves them or someone else is able to do it, it will probably crash the whole thing.

Re: Bitcoin is not going to make it

#8

Cryptocurrency as a whole isn't going to make it or specifically Bitcoin as the "leader"/top dog in the coin? Is Ethereum showing any metrics of growth/cannibilzing into Bitcoin's lead? When is it projected that Ethereum will lead and Bitcoin will be secondary? According to https://coinmarketcap.com/ ETH market cap: $205,472,110,461 BTC market cap: $451,416,778,093 Not as far off as I would've though to be honest. ht…

At least ethereum is continously improving like moving to PoS while bitcoin is stuck in the past without any utility except payments which it's really bad at. Sure ethereum yet has to show usability as well but it has a much better chance of this than bitcoin. Bitcoin also has such a large amount of its coins in Satoshi's control that if he ever shows up and moves them or someone else is able to do it, it will probab…

Not moving to PoS is good for bitcoin. PoS is a totally different model with different tradeoffs, not everything has to move to it.

For payments on Bitcoin, it is rocking with lightning. Time to catch up on that subject.

Re: Bitcoin is not going to make it

#10

Cryptocurrency as a whole isn't going to make it or specifically Bitcoin as the "leader"/top dog in the coin? Is Ethereum showing any metrics of growth/cannibilzing into Bitcoin's lead? When is it projected that Ethereum will lead and Bitcoin will be secondary? According to https://coinmarketcap.com/ ETH market cap: $205,472,110,461 BTC market cap: $451,416,778,093 Not as far off as I would've though to be honest. ht…

At least ethereum is continously improving like moving to PoS while bitcoin is stuck in the past without any utility except payments which it's really bad at. Sure ethereum yet has to show usability as well but it has a much better chance of this than bitcoin. Bitcoin also has such a large amount of its coins in Satoshi's control that if he ever shows up and moves them or someone else is able to do it, it will probab…

How is POS an improvement?
Post reply on HN