Post
Topic
Board Speculation
Re: My Most Insane Prediction of Bitcoin & Ethereum
by
Herbert2020
on 14/06/2018, 06:00:05 UTC
Quote
3. There will be no further rally to USD100,000, let alone USD1 mil, into the future.

In what time frame?


Ahh... forgotten to clarify this.

Time frame is "into the future", as in within your and my lifetime.

But you also believe that Ethereum will "surpass" Bitcoin as the most valuable cryptocurrency in market capitalization. That is where your "prediction" will go wrong. Fundamentally Bitcoin is the better network than Ethereum in design and in development.

In my life time I might see Ethereum be the "no.1", but only for a while. Read this, https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62?source=user_profile---------10-------------------&gi=7a2cd5e849ac

Ethereum will not last "within your and my lifetime".

the meaning of "surpass" and being "no. 1" has changed a lot ever since ethereum was created. it was bent to satisfy the needs of their advertising team.
look at the ranking system for example it is purely based on market capitalization. and surprise surprise ETH has a huge supply to increase that number (mc=supply*price) and keep it that way.

ranking should be based on: usability, adoption, security, innovation, technology, ... instead and in such ranking system ETH falls down out of at least top 10 coins!