Bloomberg News: Bitcoin is in a Bubble and Ethereum will take it's market cap!
Is this an episode from Saturday Night Live? or an attempt to drive the ETH bubble bigger?
Watch out for these expert's opinions to drive you out of bitcoin, they are the one's buying your bitcoins now and giving you altcoins. Well these experts did not see the ETH crash on Coinbase this week, that video was made earlier but they deliberately avoid talking about the fact that Bitcoin will have a fix for the scaling issues sooner or later. Maybe they will tell you once they have all your bitcoins in their wallets.
They quickly point out Bitcoin's rise percentage wise but they also ignore to point out the percentage rise of ETH! why is that?
Bitcoin is more volatile than ETH? give me a break.
The attacks on Bitcoin will increase in severity and there is a good reason for that, yes bitcoin has issues with fees and speed and and .... but none of these issues is unsolvable .... the reason it is not solved till now is simple, there are many solutions proposed and every one wants his own solution not the others...
There is nothing wrong with investing in altcoins, but be cautious altcoins are a thousand times more volatile than Bitcoin, something these experts are not telling you.
WAIT, WAIT, WAIT..... They think ETH will be at around $3,000 a coin by the end of 2018?!?!?
If that is the case, what do they think BITCOIN will be at?
While Bitcoin has been paralysed by indecision, Ethereum has raced ahead with technology that not only does everything Bitcoin can do faster, in higher volume, and at lower cost — it does a lot more besides.
Bitcoin’s dominance is slipping because its utility is limited and weakening versus other more recently developed, less politicized cryptocurrencies. Financial markets don’t like uncertainty, and Bitcoin is gearing up for a messy divorce. Ethereum was never intended as a competitor to Bitcoin, it’s something very different.
But the value of Ether is underpinned by utility within the kind of group-forming network that tends to grow rapidly when it picks up steam. That’s why its value is increasing faster than Bitcoin, and why many pundits are predicting it will continue to do so long after Bitcoin’s market cap has been exceeded.
Don't worry, not gonna happen man!
I love how people are still comparing ethereum with bitcoin
as if they are competing against each other :D
anyone hear of the new version of bitcoin coming out? Or has production of that ceased?
Are you talking about the August 1st uasf?
yeah! thats what it was..will do more research my apologies
I see. As far as I understand it, it will happen in August and will be implemented so that Bitcoin transaction speeds will be upgraded. Depending on the outcome of the upgrade, Bitcoin might take a hit as there is a fair chance that Bitcoin will be split, not unlike ETH and ETC. Most wallets and exchanges will be ready for the split. If you are a previous owner of Bitcoin, when the split happens, you will own both versions of the coin.
Seems no one want's to read and understand anymore.
Depends how much of speculative capital was pumped into Bitcoin. I think Bitcoin will get more stable when more people start using it as a currency (to pay for products and services) and not as another forex like casino.
LOOK AT HOW DESPERATE THEY ARE .
THIS IS REAL FUN.
I thought I read last week ETH controlled by illuminati.
He woke up one morning and realized all his wealth was in virtual currency credits.
i mean if mainstream media sucks ethereum d*ck you can be sure its not a coincidence
At least Coinbase Is reversing transactions that will help here
https://steemit.com/gdax/@austinsandersco/gdax-reversing-margin-calls
I am not worried about Bitcoin, I am worried about the gullible who will believe this nonsense.
Exactly~*~
Yikes... sounds like I need to educate myself better. I bought Ethereum Classic because they didn't budge on principle - I liked that. Now I'm wondering if I should own any type of Ethereum at all.
My bet is it will be used to vote in the next general election. Dont run just yet.
I agree, Ethereum is just taking a break before the next leg up on its way past BTC.
Check out my article on why Ethereum will hit $500 and surpass Bitcoin's marketcap:
https://steemit.com/bitcoin/@rmiseman/why-ethereum-will-hit-usd500-and-surpass-the-market-cap-of-bitcoin-in-2017
Hope to see new ATH soon on BTC ...
ethereum will kick bitcoin down in a very soon
Joe,
Yes there is a huge bubble in ETH, but this will be the next World currency because it is completely connected to: "The Internet of Things!"
Im not saying anything negative about Bitcoin because it will ALWAYS be at the top. ETH has already taken most of their market when dealing in blockchain. Their tech is the absolute best. Even Putin has been introducing it into his economy.
After seeing these videos things will become clear.....
Please watch these two videos_
@watchout2017
Domi
great post
Thanks. I am going to post the best 11 beaches here in Spain. Please review it.
Domi
follow/upvote
Looking forward to it!
These are just thieves, manipulation the shizzle out of crypto's...
Yeah in terms of percentage bitcoin rose very little compared to other alt coins. Most of the alt coins even the copy coins went up at least 10 times in one month whereas bitcoin just doubled in price. I don't think bitcoin is in a bubble but some the alt coins are surely in a big bubble.
There may be short term corrections, but the future is very bright for blockchain and crypto, especially ethereum.
Thanks for you perspective. Bitcoin is also a reflection of the crony capitalism around the world. It will be challenged; so will altcoins. However there are countries embracing it. This is very unique in world history. It will be interesting to watch as it unfolds.
Yes I agree that this is huge in the historical sense. Interesting time in history right here.
that is the reason i like crypto currency