whether the price of Ethereum cost overtake Bitcoins until the end of 2018? - Here is the answer....
Bitcoin - is the most popular today cryptocurrency with the highest capitalization and the highest price. However, the aggressive growth rates Ethereum, second cryptocurrency popularity has led to the fact that Olaf Carlson Vie (Olaf Carlson-Wee), CEO kriptovalyutnogo hedge fund Polychain Capital in an interview with Bloomberg, suggested that the ether costs exceed the price of Bitcoins to end 2018.
He even suggested that the market capitalization exceeds Ethereum Bitcoins capitalization by the end of this year and explained why it considers:
"What we see in the Ethereum is richer and organically developed ecosystem that is evolving very, very quickly, which leads to higher prices Ethereum, and it really is much more aggressive than that of Bitcoin."
What affects the price increase Ethereum?
Bitcoin value increased by 500% over the last year and now stands at around $ 2,800 / BTC, which is more than ten times the value of Ethereum. However Ethereum growing even faster and now its price is 20 times the price of ether is still 4 months ago. Also during this period, its share in the total capitalization cryptocurrency quadrupled and 25% of the global market cryptocurrency.
source - http://bitcoinist.com
Ethereum Supporters argue that it offers many benefits, the most significant of which is the one that it acts as a platform for smart contracts. Ethereum function enables decentralized applications that can be developed on its Blockchain, creating synergies and increasing its value in the process of joining a growing number of projects.
"... Each project becomes a factor in the value of our existing system, which leads to an exponential, rather than linear growth with each new integrated project," - explains one of the Reddit users. "It happens every time any of the above projects to attract new users and grow otherwise, then it excites the entire system and has a positive effect on it in one form or another."
Several financial and technology giants, including JPMorgan Chase, Microsoft and Intel are also supported Ethereum, believing that Blockchain allow companies to do more than just make money transfers.
Indeed Ethereum Bitcoins will be more expensive?
However, there are several factors that make it possible to call into question the fact that the price Ethereum once will be higher prices Bitcoin, for example, all will be extracted 21 million. Bitcoins coins compared to a 90 million. Units ether, already produced at the moment and it number theory, nothing is limited and is still increasing. That is 21 million. Coin Bitcoins that will ever exist, against theoretically unlimited number of tokens Ethereum. Also do not forget that a significant number of coins Bitcoin is considered lost in the early stages of the cryptocurrency when the value of "digital gold" was extremely low, while the ether owners are well aware of its possible value. In addition, the Ethereum is still not immune to many of the shortcomings Bitcoins, namely scaling problems. For example, the exchanger Shapeshift recently published a report that during the recent ICO BAT project was recorded extremely slow passage Ethereum transactions.
source - http://bitcoinist.com
Growing pains
Yet increasing the capacity of Bitcoin is a problem, which is now more concerned traders. During the recent explosive growth of the cost of many cryptocurrency, the vast majority of which are traded in the "digital gold", many exchangers could not handle the load and become unstable or even inaccessible certain time. Numerous branches of discussions on Reddit were filled with messages complaining of extremely high fees for transactions and slow time of their confirmation.
However, the recent recognition of Bitcoins as payment in Japan and the restoration of the Chinese stock exchanges kriptovalyutnymi opportunities O Bitcoin user-deposits can again accelerate the pace of growth in prices Bitcoin. Therefore, the question which of the two cryptocurrency will be of great value for money in a few years, is still open.
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