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RE: Why I Think Bitcoin is Still Undervalued

in #bitcoin7 years ago

I think that is unlikely. For one thing it is still harder to buy ether with fiat than bitcoin. Further ether has its own problems with scaling and the blockchain is already a huge size. I think there are some hurdles which have to be overcome and there is no easy solution to that. Additionally I think the entire purpose of ether is different and the current ICO situation is creating illusory demand.