Hello everyone!
Recently, I was thinkig. Is there really any reason for the BTC to be the market leader? The only thing that is giving the value to BTC is pretty much the fact, that it was the first crypto currency. It is the grandfather of all cryptos. But we know it has its flaws... It was never designed for broad usage, it has scaling issues and so on.
On the other hand, we were given ETH. The Crypto Kitties or w/e the awesome internet meme ETH appliction is called showed us, that ETH network has issues with high amounts of usage. BUT, 90% of all altcoins are based on the ERC-20 standard, brought to us by ETH. The smart contracts using the Solidity are extremly good piece of technolgy.
So my question is. Do you think, that BTC will keep its leadership, or will ETH be the winner of this year and surpass its ancestor?
Bitcoin is the no. 1 still for me rather to Ethereum, especially the price value of bitcoin so far was reached the 8000$ in just a couple of days only. Maybe it happens because of the coming ETF again once bitcoin become approve by this ETF I think that's the time Bitcoin will goes up again.