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RE: Cryptocurrency-The Flippening. Will Ethereum Market Cap Pass Bitcoin?

in #cryptocurrency8 years ago

Good one. It may very well happen within a month. Seems by end of year we'll likely see this event unfold. With that said, Bitcoin is far more stable because of it's simplicity. If it can get out of the scaling debate relatively unharmed with whatever solution is coming that can accelerate it's growth. With ETH, the moment ICOs start to liquidate their ETH holdings, go bust, and/or another bug is found it could cause ETH to tank. If any of these events unfold it may prevent the Flippening or reverse it for a period of time. Regardless ETH seems poised to overtake Bitcoin.

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I totally agree. They serve two way way different purposes and the ICO craze is pumping ethereum. Long term Bitcoin(depending on what happens august 1st) is a safe bet in my opinion and I wont be worried until a coin like dash or litecoin catches up to bitcoin.

I'm hoping Litecoin actually picks up. It has been sorely lagging behind since it's boom to $38 at the beginning of May. Was it really only last month? I feel like the past three months has taken place over the span of years... so much is changing. Anyway, good stuff :)