Introduction
The crypto market has developed over the last few years and its now easier to convince someone to sell his house to invest in crypto than ever before XD.
Few years back, the collective ignorance about the mechanics and workings of cryptocurrencies were the result of certain untrue, inappropriate beliefs about the crypto space here in Nigeria. The stereotype stuck for a while and it's still affecting a lot of people.
Even considering the bitcoin charts at its inception. Anyone would have been glad they didn't put their money into bitcoin at first but now. Alas! reverse is the case.
oh Bitcoin! how thy arms outstretch to shield me. The coin I'm comfortable hodl-ing. It's been a long ride so far but in comparison to the booming altcoin Eth. wouldn't it be reasonable to assume you're getting folded?.
aiit, aiit, it's too early for me to say that without spewing facts yet.
And NO! I'm not talking about the nerdy stuffs.
It's no news that Ethereum recently toppled the $2000 threshold as it broke above during its bull-run for the first time ever and the coin has been soaring ever since. it's currently at $2090 at the time of making this post.
I've been observing the charts and also reading a lot of articles. Take it as a prophesy for now but in the long run, one ETH might be worth as much as half a bitcoin. My doubts were finally cleared and in fact Ethereum has outperformed Bitcoin facilely this year and is still on the run.
According to newsbtc.com the Adam and eve pattern formed on the ETHBTC pair could pave way for a major breakthrough and birth an altcoin season. Read more
source
Ethereum has soared past and surpassed bitcoin in certain areas such as transaction count, node count and total transaction fees and in light of what the Ethereum 2.0 holds for the near future where more of the total supply is burned which would without doubt assume a higher value proposition for Eth. I'm sure this asset holds a lot of surprises for the near future.