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RE: The Flippening a Real Possibility? Ether Nears 70% Bitcoin Market Cap

in #cryptocurrency7 years ago

It is possible that ETH overtakes BTC yet before August. But it won't last, because there is too much dumb money involved. Once the market realizes that ETH has unlimited supply and soon similar scaling issues like BTC, then the real fun will start.

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pop?

Yes, I believe ETH bubble will pop then, but very slowly. But who knows, maybe this is hyperinflation where everything appreciates forever. Whether BTC will regain strength from ETH popping this is not clear to me. It may happen that all cryptos will correct in this case. Dumb money may dump the bad and the good ones together.