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RE: Financial expert claims Bitcoin has only reached 1% of its potential

in #cryptocurrency8 years ago

You might be right, I can see Ethereum become number 1 soon... ETH has already been catching up with bitcoin for a while now, but for now everything is still tied to Bitcoin; If Bitcoin rises, altcoins rise. If Bitcoin decreases, altcoins decrease. Maybe when ETH becomes number 1 the market will be tied to ETH?

Personally I see ETH take over the number 1 position of Bitcoin in the future, but this will be a bloody fight and I fear the market will not respond kind to Bitcoin being dumped.

I don't mind Bitcoin being number 1 and I am convinced Bitcoin will always remain a very popular cryptocurrency, time will tell what the future brings.

Thanks for your comment, appreciate the interaction!

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Not sure if it is already clear that market cap is not equal to the total amount that have been invested?
That could be a really important item.