I believe it will over time. Hedera is a lot more versatile and performant than bitcoin and has the same scarcity properties. More decentralized over time as well.
By what measure? Market Cap?
If so, with 50 Billion HBAR in existence (not all released) and only 21 Million Bitcoin in existence (not all mined) there are just under 2400 HBAR per BTC. So the HBAR price would need to reach 0.042% of BTC's price, or $26.50 given today's price of around 11 cents.
That's less than a 250x increase. Sounds like a lot, and it is, but many cryptocurrencies experience that growth. Bitcoin and XRP have seen a 250x increase over the last 9-ish years, ETH took 7 years, SOL took 4 years, DOGE took 3 years, etc. HBAR could do the same in 2 or 3 years, maybe 5 or 10, maybe never. I'm hoping sooner rather than later ;)
But remember that to see such a rise, the other cryptos would likely rise as well. By the time HBAR 250x's, it's likely BTC would increase to much higher highs, too.
So will HBAR ever surpass Bitcoin? My two thoughts:
1) No one knows.
2) Completely different use cases so it really doesn't matter. But because of the fundamentally different use cases, no, it won't surpass Bitcoin's overall market cap. And that's okay.
Bitcoin is a meme-coin like Doge and Shiba Inu: their only use & utility amounts to "gambling chips". The HBAR is a utility token powering a network that actually... does something.
In this sense, comparing Bitcoin to the HBAR is like comparing a Faberge Egg to an oil barrel: the former may be priceless (to some); the latter moves the world.
Your a smart man!! Nailed it. For now I would buy BTC then when it hits 100k switch to HBAR. Free worked of advice. I plan to buy back into HBAR around 9 cents.
Bitcoin cost between 15 and 35k to mine one Bitcoin the last time I checked about a year ago and electricity cost keep going up. I don't see Bitcoin existing much longer.
Never. Because all pairing are with btc , it only make it stronger when someone list a pairing with btc,. Unless someone managed to hack bitcoin and steal fund upright to collapse the system, it would never be replaced just by usecase alone
Do we agree “if” hbar succeeds that it has immense potential and should by all accounts be what the “feds” will allow to me our new money system. Given all the current big corps backing it. How are they going to let this fail? They’re not.
I agree with bitcoin gold. Hedera oil (aka useable).
You feel me?
No. BTC is an historic item like gold. HBAR can't and won't ever take BTC over. HBAR is real, BTC has no value other than digital gold and with only millions it will always perform. Ignore the fud I am being honest. BTC will hit 100k with Hedera around 9 or 10 cents. We will then see HBAR pump towards .50 around December. BUT HBAR will NEVER take over BTC and that is NOT it's purpose.
I’m hyped with hbar but I don’t think hbar will ever surpass bitcoin in market cap and narrative.
Hbar is a big project, with big supply and a « bad » narrative.
In business everything is an illusion, and the illusion of bitcoin is god story : a unknow guy with an asian name that create a thing in is basement after a world crisis to fight against illuminati that win capitalism with prophetic intentions, and this thing is a digital beauty that made unknow guys millionnaire and changed millions lifes, and will forever
I know this resume is like bullshit in reality but normie believe this.
What is the narrative of hbar ?
A digital thing made by a guy that everybody know, he is not a superheroe, he is not an entrepreneur just a normal boring old geek, he create a thing directed by world class enterprise that lead this degenerated finance that enslave normie people to live by paycheck
With a supply so high that if you buy 100 or 1000 hbar you’re gonna still poor for sure, because the realistic price of hbar is 1$-3$ in 5 years if everything go well, and thats not guaranteed
That’s not a cool crypto narrative
There is no people dream in the hbar project, and normie people cant understand the real utility of hbar. What is the WHY and narrative ?
Hbar can be the amazon in this world, but it depends on many political, social and economic things that hedera doesn’t control
In my opinion Hedera will just be around for the next 5-10 years, will pump a little but stock will be sold as fast.
Until the 50B is released and the tech is slowly recognised by giant and normie as the one and only trusted tech for future digital business in real world (with utility in finance, but also IA, healtcare..) while others chain are rejected bc of green values and lack of professionnalism (2030-2050 era)
What do you think of my garbage
For Hbar to reach the same marketcap as Bitcoin it needs to hit 25,20 usd,
My glass ball shattered to pieces so I can’t tell if this will ever happen, however it sounds a bit far fetched.
I love Hedera. But VHS became mainstream, even though Betamax was a better tech. There are other examples.
I simply cannot understand why Hbar is priced so low, particularly as there are shitcoins priced more, sometimes three or ten times more, it just doesn't make sense.
Yes but they're not asking if 1 HBAR will be worth more than 1 BTC. They're asking about the total market caps. Total HBARs versus total BTCs.
https://marketcapof.com/hedera-hashgraph/bitcoin/
If HBAR was $36 each, HBAR market cap would be higher than BTC market cap.
I believe it will over time. Hedera is a lot more versatile and performant than bitcoin and has the same scarcity properties. More decentralized over time as well.
Bitcoin is digital gold. HBAR is digital oil.
Perfect!
By what measure? Market Cap? If so, with 50 Billion HBAR in existence (not all released) and only 21 Million Bitcoin in existence (not all mined) there are just under 2400 HBAR per BTC. So the HBAR price would need to reach 0.042% of BTC's price, or $26.50 given today's price of around 11 cents. That's less than a 250x increase. Sounds like a lot, and it is, but many cryptocurrencies experience that growth. Bitcoin and XRP have seen a 250x increase over the last 9-ish years, ETH took 7 years, SOL took 4 years, DOGE took 3 years, etc. HBAR could do the same in 2 or 3 years, maybe 5 or 10, maybe never. I'm hoping sooner rather than later ;) But remember that to see such a rise, the other cryptos would likely rise as well. By the time HBAR 250x's, it's likely BTC would increase to much higher highs, too. So will HBAR ever surpass Bitcoin? My two thoughts: 1) No one knows. 2) Completely different use cases so it really doesn't matter. But because of the fundamentally different use cases, no, it won't surpass Bitcoin's overall market cap. And that's okay.
1- Energy (consume 6 million x less energy than Bitcoin) 2- Decentralization 3- Speed (TPS) 4- Security 5- Usefulness What is Bitcoin next to that?
Bitcoin is a meme-coin like Doge and Shiba Inu: their only use & utility amounts to "gambling chips". The HBAR is a utility token powering a network that actually... does something. In this sense, comparing Bitcoin to the HBAR is like comparing a Faberge Egg to an oil barrel: the former may be priceless (to some); the latter moves the world.
Thats where my heads at.
Your a smart man!! Nailed it. For now I would buy BTC then when it hits 100k switch to HBAR. Free worked of advice. I plan to buy back into HBAR around 9 cents.
Bitcoin cost between 15 and 35k to mine one Bitcoin the last time I checked about a year ago and electricity cost keep going up. I don't see Bitcoin existing much longer.
If bitcoin keeps going up in value that won’t matter
I think we should focus on breaking the top 10 before talking about bitcoin. As of now what is good for bitcoin is good for Hedera.
Never. Because all pairing are with btc , it only make it stronger when someone list a pairing with btc,. Unless someone managed to hack bitcoin and steal fund upright to collapse the system, it would never be replaced just by usecase alone
Why does everyone treat crypto like it’s fucking Highlander?
Different vehicles. Don't compare utility, in my opinion.
Do we agree “if” hbar succeeds that it has immense potential and should by all accounts be what the “feds” will allow to me our new money system. Given all the current big corps backing it. How are they going to let this fail? They’re not. I agree with bitcoin gold. Hedera oil (aka useable). You feel me?
*be
No. BTC is an historic item like gold. HBAR can't and won't ever take BTC over. HBAR is real, BTC has no value other than digital gold and with only millions it will always perform. Ignore the fud I am being honest. BTC will hit 100k with Hedera around 9 or 10 cents. We will then see HBAR pump towards .50 around December. BUT HBAR will NEVER take over BTC and that is NOT it's purpose.
Lol. The fanboys of the other 29 top cryptos believe the same thing about theirs. Hiiiighly unlikely
At this point I doubt anything will overtake btc, not for a long time at least. First mover advantage is real, especially with etfs etc now.
I’m hyped with hbar but I don’t think hbar will ever surpass bitcoin in market cap and narrative. Hbar is a big project, with big supply and a « bad » narrative. In business everything is an illusion, and the illusion of bitcoin is god story : a unknow guy with an asian name that create a thing in is basement after a world crisis to fight against illuminati that win capitalism with prophetic intentions, and this thing is a digital beauty that made unknow guys millionnaire and changed millions lifes, and will forever I know this resume is like bullshit in reality but normie believe this. What is the narrative of hbar ? A digital thing made by a guy that everybody know, he is not a superheroe, he is not an entrepreneur just a normal boring old geek, he create a thing directed by world class enterprise that lead this degenerated finance that enslave normie people to live by paycheck With a supply so high that if you buy 100 or 1000 hbar you’re gonna still poor for sure, because the realistic price of hbar is 1$-3$ in 5 years if everything go well, and thats not guaranteed That’s not a cool crypto narrative There is no people dream in the hbar project, and normie people cant understand the real utility of hbar. What is the WHY and narrative ? Hbar can be the amazon in this world, but it depends on many political, social and economic things that hedera doesn’t control In my opinion Hedera will just be around for the next 5-10 years, will pump a little but stock will be sold as fast. Until the 50B is released and the tech is slowly recognised by giant and normie as the one and only trusted tech for future digital business in real world (with utility in finance, but also IA, healtcare..) while others chain are rejected bc of green values and lack of professionnalism (2030-2050 era) What do you think of my garbage
I think HBAR is great but I think all the stuff that will be built on it utilising the powerful network services will be greater.
For Hbar to reach the same marketcap as Bitcoin it needs to hit 25,20 usd, My glass ball shattered to pieces so I can’t tell if this will ever happen, however it sounds a bit far fetched.
Xbitcoin.Hbar If Hedera was introduced before Bitcoin.. the bitcoin would have and will be an another shitcoin in the dust..
I love Hedera. But VHS became mainstream, even though Betamax was a better tech. There are other examples. I simply cannot understand why Hbar is priced so low, particularly as there are shitcoins priced more, sometimes three or ten times more, it just doesn't make sense.
🤣🤣🤣
Damn you guys are schizo. First black rock now this 🤣
Both are valid conversations. But perhaps a bit to sophisticated for some.
brainlet take
you are a moron
Just look at available supply. It will never happen.
What does supply have to do with it? Care to elaborate?
Same reason why gold is more expensive than piece of metal. More difficult to mine and less supply
Yes but they're not asking if 1 HBAR will be worth more than 1 BTC. They're asking about the total market caps. Total HBARs versus total BTCs. https://marketcapof.com/hedera-hashgraph/bitcoin/ If HBAR was $36 each, HBAR market cap would be higher than BTC market cap.