In the days following the hard fork for Ethereum I have noticed the growing volume of BTC transactions which are sold for ETH.
Poloniex, for example, exchanges like 30 million dollars worth of BTC into ETH a day, and it affects the bitcoin price negatively.
What do you think? will the price of Bitcoin drop because of the rising of Ethereum? can Ethereum grow so big it could challenge the market cap of Bitcoin?
Most people said that eth will be the next bitcoin, even when the price hasnt yet crossed the 0,03btc, but we need to remember that eth were traded at 0,002btc it has raised in short period 10x its inital trade cost, the interest around eth is huge poloniex volume just shows it.