There is no doubt that $200 is a big achievement for Ethereum. But we need to remember that the ATH was somewhere around $1,500 per coin and the current rates are just a fraction of what we had back in 2018. Ethereum had its bubble and it burst during the Dec 2018-Jan 2019 period. Now I don't think that we'll ever witness those levels again.
why not? btc hit 20k with way crappier tech in comparison to etherium.
Don't underestimate the altcoin markets. You'll end up selling way too early like most crypto newbs of 2017.
You are still not getting it. What is the point in having a much better technology, if it is not being used? Bitcoin was the first cryptocurrency and the technology is quite robust. The advantage with Ethereum is that it can be used for purposes such as the creation of smart contracts. But for making payments, Bitcoin and Ethereum are at the same level and ETH doesn't have any advantages over Bitcoin.
Your obviously a btc maxamalist and that's a dangerous game to play for 2020 as btc dominance is dropping off a cliff soon. You had two years of btc dominance protection but you should not get greedy expecting 3 years of high btc dominance.
Look at how people are getting excited with eth again.
Eth has defi, faster transaction, blah blah blah list goes on.
I do get what your saying. But I don't care about using cypto as a currency if I'm going to get taxed on every transaction. So get real with yourself we will not have a world where btc is the new world currency. The tax man will never let that happen.
I treat crypto like stock investments instead to make money. That's what we are all honesty here for.