Post
Topic
Board Speculation (Altcoins)
Re: Can Eth flip BTC and why this is good?
by
Reatim
on 06/11/2021, 08:46:00 UTC
I saw someone claiming that if ETH will do 2x, it can flip the BTC. Well yes, if you look at CMC, BTC market cap seems to be bigger than ETH market cap by 2.17 times. And of course BTC will probably get more and more expensive if the overall crypto market will be rising.
Multiplying ETH won't enough to flip Bitcoin but at least this will get closer .(Anyway I will never believe this will happen , Not this soon)

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However, I've just noticed that for the last 7 days, BTC if up 1.14% whereas ETH is up 9.27%. So ETH seems to be rising faster.
Then why not observe the week before? when bitcoin increased by 8% and ethereum remains lowered?
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Now the question is, why in which way, this is good for ETH holders? I don't seem to understand this, why people getting excited by the chance that ETH can flip BTC?
I  don't know with you , but me? i never get to believe in what you are saying lol.