I think you are right bitcoin do not have any competitors, as bitcoin is a bigger crypto currency and most people want to put their money in bitcoin and are using it as a currency while other coins are only used for trade,
The Etheruem is the competition of the bitcoin. The market cap of Ethereum is about 10% of bitcoin. It will get bigger.
haha, ethereum bag-holders wish it only.
ethereum is far from a note-worthy competition for bitcoin. it has nothing to offer and worst of all etehreum is centralized which will never help with the adoption.
and the only reason for a high market cap is because ethereum has a lot of coins available so low price multiplied by this massive amount of available supply (83.5 million) becomes huge number.
if bitcoin had a scam premine like ethereum and had 83 million instead of 15 you could see only in your dreams to reach bitcoin market cap of 83 million
