It's only matter of time before the Ethereum surpasses the Bitcoin

in #bitcoin8 years ago

chart (2).png

Cryptocurrencies market cap is going higher and higher since last year, the value of many Altcoins took off, but one cryptocurrency stands out from the rest, ethereum's price increased by almost 3000% in few months.

At the start of the project more than 40 banks and huges companies (like Intel, Microsoft) invest in it, they believed in the project since the begining.
The Ethereum was created by a Canadian developer passionate about Bitcoin, Vitalik Buterin. He wanted to improve the Bitcoin blockchain, which allows only simple transactions, he create a new protocol, more complicated and more ambitious.
The ethereum has a solid foundation with a big community and it is growing up quickly.
The programming language of the Bitcoin is very simple and does not allow to carry out many actions: it was designed in this sense to ensure its security and control. On the contrary, the Ethereum has a complex programming language that allows the setting of clauses, loops and looped programs.
Either, the Ethereum is just an improved version of the bitcoin ( it's just that it came latter ), It's only a matter of time before the ethereum surpasses the bitcoin.

We can also see that the market cap dominance of the bitcoin fades while the ethereum takes an increasingly important place in this market.
I think Ethereum market cap will exceed bitcoin market cap in the next months.