🐒 Will ETHEREUM take the # 1 spot.
🐒 Today the CryptoCurrency Market Cap: $115,749,203,844 Just 6 months ago January 2 , 2017 BITCOIN dominated with a Percentage of Total Market Capitalization (Dominance) of 87.63% and ETHEREUM a measly little 3.90% . Fast forward 6 months to today June 14 , 2017 BITCOIN is at 39.10% and ETHEREUM is at 31.30% . At this rate they will soon be equals.
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🐒 How soon do you think until Ethereum is in the #1 spot. and what will that do to the BTC price?
Ethereum will dominate market cap in 6 months,however, bitcoin and ethereum will continue to raise their price as they go along, but not for too long, the path of these two a very different. Ethereum can be adopted in all kinds of things, even the things that have not been thought yet, while Bitcoin, well, we all know what you can do with it. For good or for bad (does it)...
15 July 2017 is when I think that the market cap of ETH will be at par with the market cap of BTC. Lets wait and see. What do you think?
Oz
I think that is very possible
BTC will never go away. Being the first mover gives a lot of power, even if BTC is a little slow compared to Ethereum.
Anytime really!
I can't call what it will do to the price of btc...
But I can tell you I am holding:
33% BTC
33% ETH
33% STEEM
the 3rds rule
You guessed it @me-tarzan
I could not lose with this measurement. If I did I would have zero coins or be in the red! This allows me to sleep easier and stress free...
Well I hold Bitcoin and Ethereum. I have way more value in Ethereum even though I invested the same amount into both! It is pretty crazy how the price of Ethereum has sky rocketed. But the thing is I will continue to buy and support both cryptos and I believe the two compliment each other.
Very soon. The charts are trending towards it... I predict June 21st 2017 for ETH to eclipse BTC in total market cap. After that Bitcoin will slide back even faster, and the alts will rocket.
thomasaquinasftw do you own any bitcoin and if you do do you plan on getting rid of it or holding it.
a very little bit, tarzan. I am fully invested in physical metals of different sorts, mostly silver.
I've been waiting for a pullback to invest in ETH, after missing that train, but now I think I am ready to dump a sizable amount of fiat into bitshares and steem.
The alts with the best technology will eat bitcoin. I don't have much hope for it.
In this hype its gonna be interesting what will happen the the price of ETH and BTC the day that Ethereum surpases Bitcoin.
I would think this would not be good for the btc price but who knows ETH may drag btc high after the initial shock
I'm pretty sure it wont be good for the bitcoin price. There are more things happening that isn't good for the bitcoin price and therefore I cashed out and diversified.
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Actually, i have been reading up about Ethereum for the past 2 days. And the founder having met Putin and other Russian Gov officials has really skyrocketed the excitement related to Ethereum as it was reported that Russia has created a fork of Ethereum for a nationalised financial system. Apart from that, it has also been in reports with JP Morgan's. Compared to Bitcoin, which has limited usage, Ethereum provides a blockchain platform for various uses, thus it is getting so much of attention..