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RE: Ether Price Prediction --- 1 ETH = $5000 USD by 2020

in #money7 years ago

+trucidus some interesting insights there. I can see ETH being $1000 by EOY. I just fail to see it toppling Bitcoin. Buterin is both a BTC fanboy and understands game theory ; he knows that Bitcoin is king and Ethereum is queen. If another currency were to rise above Bitcoin, that would set a precedent for the king to be overthrown and thus create instability in the crypto realm. Rest assured that Buterin is not in competition with Bitcoin but working in harmony for the greater good, like a good royal marriage.

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Actually I wrote an article about a huge conglomeration of cryptocurrencies... Well, that was a tangential point anyways. There are two technologies listed in that article that would greatly help this idea. And besides, if we had a bunch of cryptocurrencies working together, it would also solve the scalability problem quite nicely : ).

Here is a link to that article if anyone would like to read it.

https://steemit.com/cryptocurrency/@trucidus/smartbridge-vs-atomic-swaps

Good info - I shall digest