The radiation pressure of next generation ultra-high intensity ($>10^{23}$ W/cm$^{2}$) lasers could efficiently accelerate ions to GeV energies. However, nonlinear quantum-electrodynamic effects play an important role in the interaction of these laser pulses with matter. Here we show that these effects may lead to the production of an extremely dense ($sim10^{24}$ cm$^{-3}$) pair-plasma which absorbs the laser pulse consequently reducing the accelerated ion energy and energy conversion efficiency by up to 30-50% & 50-65%, respectively. Thus we identify the regimes of laser-matter interaction where either ions are efficiently accelerated or dense pair-plasmas are produced as a guide for future experiments.