I think Ethereum has much greater potential than Bitcoin in terms of sheer utility and market capitalization. With this disproportionate reward comes extraordinary risk.
On May 16th, 2017 with the price of Ethereum hovering around $87 – $90, I made a conservative prediction that its nominal price could easily double and surpass $150 to be in the $150–200 range before the end of 2017. I am quite concerned yet amused to see my call play out much sooner, which indicates to me that the cryptocurrency market might be 10X bigger than the Dot-com bubble that preceded, but with a much more compressed timeline. Forget about irrational exuberance: This could very well make the Dutch Tulip mania of 1636 or all other manias before it look like rational pallidness. I’ll go ahead and coin that phrase.
That said, how do we differentiate between the tulips, AOLs, Pet.coms, and future Amazons and Googles of the space? That’s an entirely different story to cover later…
I think ETH is here to stay. BTC will be around as well but it will likely face a schism in the coming year or so due to mounting scalability issues and ever growing philosophical divides in its community (Bitcoin Core vs Bitcoin Unlimited).
I continue to see the BTC:ETH price ratio quickly converging towards a 1:10 . As a result, as in previous postings, it may not be outside of the realm of possibility to see ETH reach parity with BTC’s market cap and surpass it. I only see the price tending much higher — barring any significant vulnerabilities in the code releases or a major DApp catastrophe similar in size and scope to the DAO — ETH may reach $100B in market cap before 2018 as more money pours in for enterprise integration, development, and sheer speculation (enter crypto hedge funds). As a result, this would imply a price of a single ETH within the $1,000 range.
However, the most exciting prospect is not just some supranormal return on capital. I think a much more compelling thing to see emerge from this blossoming crypto-bubble is a handful of actual real world smart contracts or decentralized protocols, which really takes hold and flourishes. This is where the real soil for innovation in the blockchain ecosystem will come from and where most of the value will be wrought.
Source : quora