We are heading for the 50/50% BTC market dominance over the alts... Never thought this day would come.
But after all, I think when that day come it will end up good for both parties in the long run.
But after all, I think when that day come it will end up good for both parties in the long run.
Nah, ETH is literally around $500 in terms of bitcoin price/market cap
And it's gotten there by just piggybacking on bitcoin. Either way bitcoin is undervalued or ETH is overvalued. Both will result in ETH getting dumped on
ETH will collapse the same way Litecoin collapsed back in 2013 just before final push that broke through 1000 dollars per Bitcoin All time high. It is very easy to change one bag for another. And unless bitcoin market share gets under 40% it will have the kind of gravitational pull to rule sentiment of entire cryptocurrency market.
Thats not dissing of ETH in particular, merely observation. Long term, you might be right.