Ethereum haven't really moved in a long time compared to the BTC increase. What can be the reasons for this? Are people not as enthusiastic about Ethereum as they were, or is because of new scalable projects on the Bitcoin blockchain?
Cant really agree with that statement!! Ethereum will be far more successful than BTC ever will!!
It can be only the statement of a person living in the fools paradise. How could Ethereum beat bitcoin? Ethereum supply is too high to let it's price go high. The demand for Ethereum is not doubt high but not higher than the demand for bitcoin. Bitcoin is directly bought by the users while Ethereum is bought by both the developers for token development and by users. However Bitcoin is out of the range of Ethereum. It will take it years for it to reach to the current price of bitcoin.
Yeah, i agree that it will take a long time until ethereum can reach bitcoin price or even marketcap. We've seen a lot of growth from ethereum this year because there's a lot of icos that are using it but later when the ico bubble burst, it's hard for ethereum price to move while bitcoin can still going as a limited asset.