Crypto battle. What will happen to Bitcoin when Ethereum over takes it?

in cryptocurrency •  7 years ago  (edited)

What do you think will happen to Bitcoin after Ethereum surpasses it? My thoughts are that after if Eth increases in value and ends up surpassing Btc then Btc will drop in value. This may only happen for a short amount of time but it may drop a lot in value, this would be a big blow to btc. Btc may drop in value even more if other Altcoins come into play, or it's value will increase very slowly. Bitcoin will stay strong in cryptocurrency market without a doubt, but how will it play out against others?

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7 years ago by

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      ·  7 years ago 

    Even tho I'm still not 100% sure ETH will go above BTC, I must admit it did cross my mind.
    If that were to happen BTC would probably stabilise to it's price at that point in time, followed by a slow decrease in value, but only until the next big pump&dump.

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        ·  7 years ago 

      It is a little daunting sometimes right? Yes possibly.

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          ·  7 years ago 

        I stated on my live stream that ETH could overtake BTC in marketcap, as long as ETH keeps growing and BTC stabilizes. It's only a matter of time. ETH price could get to $1000 by end of year.

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            ·  7 years ago 

          ETH has been growing rapidly. Yes, definitely.

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              ·  7 years ago 

            ETH is ONLY 11.9 Billion marketcap away from catching up to BTC

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                ·  7 years ago 

              Sorry it's actually 8.9 Billion away

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                  ·  7 years ago 

                Simple: there will be people holding Bitcoin and people holding Ethereum. The flipping is a human construct. It does not exist.

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                    ·  7 years ago 

                  Great post @senor always good to ask the driving questions. I will resteem this for you on Steemit Blogger Central

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