Ethereum vs Bitcoin: Which one is likely to see a $100,000 price in 10 years?

I have been writing continuously about this the past few days on different blogs and yet I can't stress it enough. Ethereum is the future! Remember Myspace or AOL? They were the first but they did not stay to be the first. Sure, they created a lot of hype like Bitcoin but that was shortlived. You know what eventually replaced them? Yahoo, Hotmail and now Gmail has replaced them all to a greater extent. As for Myspace, it is completely out of the picture and replaced by Facebook now. What I'm trying to say is that it's a dog eat dog world. The new and the better overthrows the old, that's how it works.

Speaking of which, I'm inclined to talk a bit about Bitcoin. So, it came into existence and has had its monopoly intact for all these years and we have seen its price shoot all the way to $2800+ and now analysts on CNBC and Bloomberg predict its price to reach at least $100,000 in the next 10 years.

That sounds all sweet and good to me and we could eventually see a cryptocurrency reach that price range but what if it isn't Bitcoin? How likely is that? Well let me tell you how likely it is. First of all, Ethereum is not just a cryptocurrency, it's a whole new decentralized web that will host all these new applications and businesses we see emerging every coming day. Existing businesses and government institutions have also started adopting Ethereum.

I believe Ethereum is a far advanced technology than Bitcoin. Ethereum transactions take seconds to complete whereas Bitcoin transactions might take 30-40 minutes or even longer depending on the confirmations. On top of that, Bitcoin is just a cryptocurrency, nothing more. So, even if we disagree with analysts about the $100,000 price predictions, it is safe to say that Ethereum will reach at least $1000 by the end of 2017. Then if you're lucky, Ethereum may outrank Bitcoin to become the #1 Cryptocurrency and who knows you'll be a millionaire some years from that.