Ethereum to Pass Bitcoin
So, I noticed that Ethereum started to surge today when Bitcoin started to consolidate. Don't get me wrong, I think Bitcoin will stay number one, but if Ethereum can get to $450 (which is entirely possible), people may start dumping their Bitcoin for Ethereum and Ethereum may be number one.
Think of it like this, there is about an 8 billion difference in market cap. If people in bitcoin start pulling into ethereum, it only needs 4 billion from bitcoin to surpass, which isn't that much considering market caps... And this can happen very quick (like within an hour or even mins). Let me know what you think below....
(What if Bitcoin becomes the "altcoin")
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Eth to the F'n MOON! Taking profits every week to buy silver. Then...SILVER TO THE FUKKIN MILKY WAY AND BEYOND!!!!!
EOS..... the Giant killer. :)
No doubt about it Eth has an enormous boner.
Ethereum really hasn't had a significant pullback and it will. Once the UASF is over and done with, watch bitcoin. Bullish I can guarantee it.
To believe that ethereum is just going to go up and up without a crash is naive. It really is never different this time.
..time will tell I guess.
I'd Normally agree with you, but we are in uncharted territory, meaning if ethereum jumps another 50-100 bucks, traders/weak knees will go into ETH causing a chain effect.... but that is one possibility.
I mentioned it because it is getting close to BTC's market cap and could happen (Not necessarily will, but could)
Ether will surpass bitcoin in market cap, I'm certain of it. The killer app for Ethereum so far has been ICOs skirting US and various securities laws. Let's see what happens once the SEC stamps down on it, and I'm sure they will.
Governments love to regulate, and only bitcoin has no headquarters, CEO and is truly decentralized. There is no 'Bitcoin Foundation' based in Switzerland. Interesting times where fortunes will be made and fortunes lost for many. I'll hold bitcoin for this main reason.
Just my opinion, but thankfully I'm on a steemit blockchain so if I'm correct, I can always link back to my predictions. ;)
Great post. Thanks for letting me discuss. Cheers!
That would be awesome! I think that could happen.
I think by months end eth will pass bitcoin in market cap and by year end price
I think that now is the time to shine for Etherum. It does not face the scaling issues of bitcoin and the ICO market is hot. Long term I do not know because it is an inflationary currency so it makes a poor long term store of value.
Interesting thoughts, I like your imagination! xD
I see it differently: Bitcoin will "always" be number one in terms of store of value.
So ETH and BTC don't compete in my world. I won't dump BTC for ETH, that is for sure.
Andreas Antonopoulos explains it eloquently.
Very detailed and nice statement, and although I like bitcoin too (not as much as eth), everyone isn't like you and thinks differently... That being said it will certainly be interesting
I think it is possible