In any case, I ask this question. What is a higher possibility occurrence, Ethereum will have a higher market capitalization than Bitcoin or Bitcoin will pump to $3 million?
I predict the scenario of ETH market cap surpassing BTC is more likely than Bitcoin surpassing to hit $3 million, as ETH has at least come close to doing so in the past. As for BTC hitting $3 million, I never even thought about it and don't believe it will happen in this century.
Bbitcoin has a lot of potential and adoption is still happening but that doesn't mean the potential and demand for bitcoin is limitless. Even an asset with practical applications and worldwide demand like gold has yet to reach a market capitalization of $60 trillion. To me, expecting a highly speculative asset like bitcoin to reach a market cap of 60 trillion is a bit too much.
Agreed. However, will either of these speculations really occur? This we cannot answer for certain. Both of them might not become a reality, I reckon.
@khiholangkang. I am not arguing that it is easy or it is for certain to occur, however, we cannot argue that Tom Lee appears to be on a mission to pump Ethereum to a high price where everyone said it will be impossible. If you are an altcoin holder, this should be good news because Ethereum will be the leading pumper of the market instead of Bitcoin. Bitcoin is going through a strangeness where a big dumper sells much coins that stops the pump.