Ether Expected to Outperform Bitcoin Before 2019, Survey Shows

Ether Expected to Outperform Bitcoin Before 2019, Survey Shows

Different participants in the sphere of blockchain expect the leading cyber coins in the world – bitcoin and ether – to prosper and their price to more than triple before 2019 comes. These are the results of a poll, carried out by Finder – a famous comparison site, which has later been released by the South China Morning Post.

Top Currencies to Thrive

The survey aimed at finding out what nine participants of the blockchain niche expect from the world’s supreme 12 virtual coins. Notably, they had to unveil their expectations concerning digital currencies’ prospective prices.

According to the poll results, respondents are more optimistic about bitcoin’s “little brother” than about BTC on its own. Concretely, they anticipate ether’s total supply to soar by 212%. In the meantime, bitcoin’s market capitalization is believed to surge by 194%.

By contrast, bitcoin’s August’s fork Bitcoin Cash is expected to show a 123% growth.

How Much Cryptoiners Expect Bitcoin and Ether to Be?

The participants were surveyed at the time when BTC cost over $10,000 and ETH traded at nearly $870 at the end of February. Therefore, if they triple, they will reach the margins of about $29,500 and $2,500 respectively.

Interestingly, if the expectations of blockchain participants come true, BCH will be traded at $2,700, whereas at the time of the survey it cost about $900-$1,000.

How Come Ether Will Outperform Bitcoin?

The reason why ether will grow faster than bitcoin might lie in the adaptability of ether’s net. And that’s despite the fact that currently, bitcoin’s daily turnover is still three times more considerable than ether’s. Also, it can be boosted by the increase of ICOs, meaning that when ETH drops, investors tend to pile more into it. Therefore, they can take part in more ICOs.

Ethereum Foundation Confirms Upcoming ‘Istanbul’ Upgrade
On November 7th, Péter Szilágyi announced the date of the foundations impending upgrade, known as ‘Istanbul’. This upgrade will be the eighth hard...
Ethereum Devs Name The Date of Postponed Constantinople Fork
As it is known, on January 17 the Ethereum’s update Constantinople was supposed to be activated. However, this did not happen due to a vulnerability...
Ethereum Devs Postpone Constantinople Fork Due to a Vulnerability
Anticipated to occur on January 17, the long-awaited Ethereum’s Constantinople update has been delayed again. The cause is the recently found...
Ethereum Becomes Second Most Valuable Crypto Again
Ethereum has finally recovered and reclaimed its title of the second most valuable cyber-asset in the world after its elder brother bitcoin. Gaining...
Here’s When Ethereum’s Constantinople Hard Fork Will Happen
Constantinople hard fork will occur in the middle of January, a new agreement between Ethereum developers implies. Earlier it became known that the...
Ether Mining No Longer Profitable, Says Semiconductor Analyst
Mining ether at home is not lucrative any longer, particularly, when using kits with graphics processing units (GPUs). The latter is Nvidia's top...
Ethereum’s Lubin Says Blockchain Will Develop Longer Than Internet
Many crypto-experts have predicted that the enactment of DLT would be as revolutionary as the one of the World Wide Web. However, the situation with...
700 Households in Germany Benefit from Ethereum Energy Project
Cheaper energy due to the unaltered ledger is real. Lition, an Ethereum-based project, supplies 12 largest German cities with energy at a lower cost...
Why Ether Price Shorts Break the Record
On October 11 an immense selloff started on the cyber-asset market. Within a few days, the market lost around $19 billion in value, reaching the...
Ether’s to See Good Times, Bitcoin Bull Tom Lee Predicts
Bitcoin bull Thomas Lee has switched his attention to the second most popular cyber-coin ether. Lee, who is the head of research at Fundstrat Global...