Post
Topic
Board Speculation (Altcoins)
Re: Can Eth flip BTC and why this is good?
by
Erdogan
on 08/11/2021, 19:47:44 UTC
price rise more on ethereum in the last 7 days ,does't mean can flip bitcoin in price and capitalization ! good for holders yes because in the long term the price will rise high but still will not be able to flip bitcoin in the present or future ,regarding the price an cap of bitcoin will always be a leader
Yea, price movement over 7 days is no indication for the future. However, I think ETH is able to overtake BTC in the long run. I don't think this will de-value BTC in any way, it will remain the first crypto and also the most de-centralized one. Also ETH will have to measure with other emerging smart contract platforms like SOL in the long run.

The fact that the price of Ethereum is growing faster than the price of Bitcoin can be observed not only in the last days, but also in recent months. Coinmarketcap positions coins not in terms of price but in terms of size of market capitalization. So we shouldn't just look at the price. Etherum capitalization is growing very fast and if not in the next few months I think in 2-3 years it will be possible to flip BTC.