What it Will Take For Ethereum Price To Rise to $10,000 Per Coin

in #bitcoin7 years ago

Thal coin buzz today we're going to talk
about aetherium and something that was
actually talked about in about may/june
was the potential for the etherium
market cap to pass the Bitcoin market
cap but because Bitcoin dominance has
grown so drastically over the last four
months you know the discussion has
stopped but if you've been following
aetherium since you know May June when
it really started to make waves in the
cryptocurrency market you will renew
probably remember those comments about
the etherium market cap you know taking
over one of the things that was really
driving in theory 'm at the time was the
the interest in i cos there still is an
interest in i cos and most of them being
built and developed on the ethereum
blockchain some of the things that make
that were brought up at that time frame
that i've Ruth that I'm reflecting on
here is aetherium more important than
Bitcoin so yeah sure right now the the
Bitcoin dominance is is really growing
and Bitcoin just keeps running away with
the show but at what point or is it even
possible for the ethereum blockchain
market capitalization to become more
relevant so there's a couple things to
keep in mind is the Wall Street is Wall
Street investor confidence going to be
more into aetherium or Bitcoin and you
know just some things to keep in mind so
blockchain technology the distributed
ledger system that underpins the digital
currency Bitcoin is getting a lot of
tension from Wall Street lately this is
in June 2017 by the way guys with uses
ranging from cross-border payments to
settlements and clearing of
over-the-counter derivatives to
streamlining back office processes the
potential for disruption in the
financial industry and elsewhere is
growing more real each day while Bitcoin
is the most widely used in well-known
use case of blockchain aetherium maybe
the killer app that allows for the
disruption to finally take place so what
we're saying is look at all this press
that it was getting in all this
encouragement that it was getting that
still really is there it's just been
dormant so this caught this kind of
commentary will pick back up which will
eventually bring aetherium back on to
the stage and this this leads us to the
next the next point right so if we just
take its take a look at something market
cap so market cap 43 billion Bitcoin
market cap 174 billion so what happens
if all these people who are getting to
know about Bitcoin what if the theorem
starts to become more relevant because
of one thing
Bitcoin investment confidence so
investor confidence and in Wall Street
and other financial sectors for one
reason they like the fact they like what
the etherium is because it has something
that maybe Bitcoin doesn't so Bitcoin of
currency and a lot of people have
complained about

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If vitalik leaves then its harder

the fact that he is only 23 years old is funny ^^