Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
thms
on 08/02/2016, 07:40:03 UTC

Its cheap and will remain so for a long time as there's a HUGE supply already created:  currently at 77,137,774 Eth coins. Yes thats 77 million folks!  

Ginormous Eth Bag holders that are bailing out on you.. So you can always dream of $50 a coin, that's would amount to nearly $4 billion market cap, for a coin that doesn't even have proper GUI client..  

https://etherscan.io/stats/supply


You could also say that there are already a 15 billion mbtc supply available. 1 BTC being equal to 100,000,000 satoshi is also totally arbitrary and this definition exists only because people collectively agreed to it.