RATE Group | Ethereum is Like Bitcoin in 2015, Has Potential and is “Safe Bet” NewsBTC Bitcoin |
59053
post-template-default,single,single-post,postid-59053,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Ethereum is Like Bitcoin in 2015, Has Potential and is “Safe Bet” NewsBTC Bitcoin |

22 Aug Ethereum is Like Bitcoin in 2015, Has Potential and is “Safe Bet” NewsBTC Bitcoin |

Posted at 16:19h in Bitcoin News by

[ad_1]

Ether, the native token of Ethereum, the world’s second-largest blockchain project by market capitalization, has surged by more than 40 percent so far in 2019. It is a stunning performance for an asset which has been around for only four years. But in the world of cryptocurrencies, Ether is an underperformer, majorly because its rival asset bitcoin has risen by more than 160 percent in the same time.

ethereum, ethereum price

Ethereum price in recent times | Image credits: TradingView.com

That marks the beginning of a narrative that portrays bitcoin as the only winner of the ongoing cryptocurrency boom. It depicts that projects like Ethereum – even with having the backing of thousands of developers and a decently large community – would eventually lose their share of the market, and die. The sentiment is assisting bitcoin in outperforming not just Ethereum, but almost every top altcoin on a year-to-date basis.

But, according to Patrick McCorry, the world’s first Ph.D. graduate in cryptocurrencies, an…

[ad_2]

Source link

Tags:
, , , , , ,