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RE: VLOG 190: ETHEREUM TO $300

in #trevonjb7 years ago (edited)

Totally Agreed!Not even $300... i expect Ethereum to surpass Bitcoin very soon because Ether is not just a currency, ether is gas. It is like you are buying gas today and stuck it in silos. If you need it for your car you can use it, if not you can sell to someone else or hold it. The price of gas fluctuate just like money or anything else, but the point is that it does fluctuate because of the usage and not only of the scarcity(bitcoin). if people will create and use dapps the value of gas will go up, otherwise it will go down. Yes, there will be a gazillion ethers in billion years, but most humans, being mortal, only have a time horizon of a few decades, and in that time window the number of ethers that will exist is small, so ethereum could be more than Bitcoin.