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In the short term yes but from what I understand EOS is going to be far superior to ETH and and Dan already has a track record of working on projects that have turned out incredibly well

Also Eos much better funded than ETH - it stands to make between $1-2 BN this year from token distribution, read more on my posts.

https://steemit.com/cryptocurrency/@willstephens/4cpxu-why-eos-can-rival-ethereum-total-ico-funds-of-over-usd3bn-est-curentmarket-cap-of-usd4-5bn-overtakes-litecoin-market-cap

$1-2 billion and they don't even have a functional product yet! Why does it take $2 billion to code a blockchain project. No thanks, I'll pass.

They will be able to put a lot into apps, and letting people know about the platform - education and marketing - you can have the best technology but if you don't let anyone know about it - it can go nowhere ;-)

I strongly agree with you, this ridiculous amount of money needed make it look like they are in it more for the money than for the actual product.

Also 1-2b for marketing, its just too much.

look's like it already has M8, that article is from over twelve months ago.

Eth will go well yes.. over taking bitcoin in market cap, maybe? in the price doubtfull, see there is a unlimited supply of eth, due to its nature it is needed.. Yet bitcoin as a currency/virtual gold, will win, because there is a limited supply . and is harder to mine as blocks are incresed

It's not really unlimited. ETH gets destroyed as gas and then redistributed to the miners.

dont matter if it gets destroyed.. over all there is a unlim suppy