Post
Topic
Board Speculation (Altcoins)
Re: Will ETH rocket to 0.2BTC
by
kryptqnick
on 04/06/2017, 20:18:09 UTC
Will ETH rocket to 0.2BTC Huh

IN 1 TO 2 Months from now, yes.
NO, I dont think so. It will be very hard for eth to reach that price because when I reach 0.2, eth marketcap will cross the bitcoin market cap and it can not be acceptable. I mean, in the far future, Eth can defeat bitcoin but now, I do not think that eth has a chance to kill bitcoin
Yes, if we consider current btc marketcap and eth circulating supply, eth has to reach $444 to beat btc and it is quite unbelievable. However, I think that eth may reach something like $400 in 4 months but btc will grow a lot in price at that time as well, so won't be beaten. Nevertheless, currency having the biggest marketcap is not for sure the best/most popular/influential currency. I've seen a nice analogy of it with people being dominant on earth whereas they are totally not even in the top on 'market capitalization' (biomass).