Welcome to BeerMoneyForum.com - We Help Each Other to Make Money Online

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❕NEWS Polygon Co-Founder Believes Ethereum Will Overtake Bitcoin, Becoming Leading Crypto Network.

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,568
Reaction score
292
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
57,910
Rating - 100%
1   0   0
The use case of ethereum continue to increase on daily basis despite that the value is not appreciating as expected due to crack but Sandeep Nailwal ( Polygon’s co-founder) believes that Ethereum is close to overtaking and replacing bitcoin as dominant layer-1 protocol, as "the ultimate settlement layer" for the DeFi space. He believes that Ethereum run isn't over and shouldn't be compared with other layer-1 protocols like Solana, saying that polygon is going to have a determining role to ensure the long-term dominance of Ethereum through its scalability solution
 

Brain

Sapphire Member
LV
0
 
Joined
Dec 27, 2018
Messages
7,938
Reaction score
107
Points
150
Awards
1
Location
Nigeria
BMF Points
27
Rating - 0%
0   0   0
Definitely, eth runs to me is yet to be over. So we should expect more from eth but for overtaking Bitcoin it might be possible in future but definitely not now I think
 

Wisdom01

Ruby Member
LV
0
 
Joined
Jun 21, 2020
Messages
16,875
Reaction score
120
Points
150
Awards
1
BMF Points
7,019
Rating - 100%
1   0   0
I think with the rate at which ethereum is developing Bitcoin is also developing , I don't see such been possible , except something unique and different happens , because Bitcoin dominance in the market is still showing on ethereum
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,568
Reaction score
292
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
57,910
Rating - 100%
1   0   0
I think with the rate at which ethereum is developing Bitcoin is also developing , I don't see such been possible , except something unique and different happens , because Bitcoin dominance in the market is still showing on ethereum
Note , the price may not be the major contest here but the popularity and the percentage growth with respect to time of Bitcoin and ethereum.
 

Wisdom01

Ruby Member
LV
0
 
Joined
Jun 21, 2020
Messages
16,875
Reaction score
120
Points
150
Awards
1
BMF Points
7,019
Rating - 100%
1   0   0
Note , the price may not be the major contest here but the popularity and the percentage growth with respect to time of Bitcoin and ethereum.
Bitcoin is still growing interms of popularity, in Africa countries most of the users don't know about the existence of ethereum , to me ethereum still have a long way to go
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,568
Reaction score
292
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
57,910
Rating - 100%
1   0   0
Bitcoin is still growing interms of popularity, in Africa countries most of the users don't know about the existence of ethereum , to me ethereum still have a long way to go
Virtually everybody that is into cryptocurrency does the existence of ethereum though they may not know the much use case it has but if you are deep into cryptocurrency you know that you ethereum is worth investing on than Bitcoin.
 

Wisdom01

Ruby Member
LV
0
 
Joined
Jun 21, 2020
Messages
16,875
Reaction score
120
Points
150
Awards
1
BMF Points
7,019
Rating - 100%
1   0   0
Virtually everybody that is into cryptocurrency does the existence of ethereum though they may not know the much use case it has but if you are deep into cryptocurrency you know that you ethereum is worth investing on than Bitcoin.
I know that ethereum is worth investing than Bitcoin , but in this case do many crypto investors are newbies and not to deep into crypto currency
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,568
Reaction score
292
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
57,910
Rating - 100%
1   0   0
I know that ethereum is worth investing than Bitcoin , but in this case do many crypto investors are newbies and not to deep into crypto currency
That is because bitcoin is very popular and everyone that comes into cryptocurrency initially knows about bitcoin first before gradually annoying about others.
 

Wisdom01

Ruby Member
LV
0
 
Joined
Jun 21, 2020
Messages
16,875
Reaction score
120
Points
150
Awards
1
BMF Points
7,019
Rating - 100%
1   0   0
That is because bitcoin is very popular and everyone that comes into cryptocurrency initially knows about bitcoin first before gradually annoying about others.
Exactly it's the first crypto currency every newbie would know about , when I was still a newbie then Bitcoin was the first cryptocurrency I know about then after attending the seminars
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,568
Reaction score
292
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
57,910
Rating - 100%
1   0   0
Exactly it's the first crypto currency every newbie would know about , when I was still a newbie then Bitcoin was the first cryptocurrency I know about then after attending the seminars
In fact some people that are named phone into cryptocurrency investment does the word bitcoin much more than cryptocurrencies so that popularity is still there.
 

Henrytuedor

Ruby Member
LV
0
 
Joined
May 12, 2021
Messages
10,764
Solutions
10
Reaction score
65
Points
135
Awards
1
Location
Lahore
BMF Points
340
Rating - 0%
0   0   0
Well for Now Solana is 2nd Popular Coin After bitcoin in terms of the most invested currency at the moment to be honest actually in my opinion
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,568
Reaction score
292
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
57,910
Rating - 100%
1   0   0
Well for Now Solana is 2nd Popular Coin After bitcoin in terms of the most invested currency at the moment to be honest actually in my opinion
I'm not sure if the Solana has surpassed ethereum in terms of popularity and trading volume. Please do your findings again.
 

Henrytuedor

Ruby Member
LV
0
 
Joined
May 12, 2021
Messages
10,764
Solutions
10
Reaction score
65
Points
135
Awards
1
Location
Lahore
BMF Points
340
Rating - 0%
0   0   0
Well You Can Do A Little Bit Research The Amount Of Inflow In Solana Has Been Higher Than Ethereum Till Last 3 Months Which Makes It 2nd Most Invested Currency
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,568
Reaction score
292
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
57,910
Rating - 100%
1   0   0
SOlana is not doing bad but very far from Ethereum in terms of use case and popularity. Take your time to study them . Below is a screenshot.
 

Attachments

  • Screenshot_20211001-200700.png
    Screenshot_20211001-200700.png
    176.3 KB · Views: 14

Mariappa45

Emerald Member
LV
0
 
Joined
Aug 29, 2021
Messages
2,462
Reaction score
14
Points
125
Awards
1
Location
Nigeria
BMF Points
1,220
Rating - 100%
1   0   0
Their is no doubt, ETH is moving forward, who knows it can still usurp BTC. When it comes to the world of cryptocurrency anything is possible let's not say never because the margin between BTC and ETH is wide.
 

Emoney

Sapphire Member
LV
0
 
Joined
Sep 16, 2018
Messages
7,040
Reaction score
255
Points
170
Awards
3
BMF Points
201,567
Rating - 100%
3   0   0
Eh, it's just another prediction that may never come true. Ethereum still has a long way to over take Bitcoin, especially considering the price gap.
 

a_jerobon

Emerald Member
LV
0
 
Joined
Jul 3, 2018
Messages
4,307
Reaction score
50
Points
135
Awards
1
Age
24
Location
Kenya
BMF Points
632
Rating - 0%
0   0   0
It is true that etherium has a very high potential of overtaking bitcoin and becoming the number one coin. So many people are investing in it, especially institutions and whales.
 

crypworld

Emerald Member
LV
0
 
Joined
Apr 21, 2018
Messages
1,191
Reaction score
63
Points
135
Awards
2
Location
US
Website
markethive.com
BMF Points
202
Rating - 100%
0   0   1
Could be but Ethereum have great tough competitors like Cardano Blockchain Network.

So it is really a game to watch out.
 

07Trinity

Platinum Member
LV
0
 
Joined
Oct 17, 2021
Messages
919
Reaction score
8
Points
25
Location
Nigeria
BMF Points
2,149
Rating - 0%
0   0   0
The use case of ethereum continue to increase on daily basis despite that the value is not appreciating as expected due to crack but Sandeep Nailwal ( Polygon’s co-founder) believes that Ethereum is close to overtaking and replacing bitcoin as dominant layer-1 protocol, as "the ultimate settlement layer" for the DeFi space. He believes that Ethereum run isn't over and shouldn't be compared with other layer-1 protocols like Solana, saying that polygon is going to have a determining role to ensure the long-term dominance of Ethereum through its scalability solution
I hope he do his findings before ascertain such claims,if you look at the volume and popularity of Bitcoin you will know that double etherium in the future can't match it's feat.
 

REWARDS: Active Raffles


  • Roll 28: Win 100,000 BMF Points!

    The entry period for this raffle ends in..

Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.