Nick Tomaino, founder of 1confirmation, said he is sure that ETH will eventually surpass BTC in value. He said that even though BTC has a well-established narrative as "digital gold" that institutions have embraced, he actually believes Ethereum has made the most impact as a blockchain over the past five years. He claims Ethereum remains largely misunderstood by many, and describes Ethereum as the blockchain where the world's most talented developers are building the decentralized internet.
May be a tough task beating 60k from below 5k though.
It's not flipping the unit price really. It's more flipping the market cap, ypu have to talk apples to apples here. If eth gets up to the same coin price as bitcoin it will have well flipped bitcoin at that point. Can it happen sure I guess nothing is forever. But I think bitcoin still runs things and will for a very long time to come.
If we talk about price then I think it will not exceed the price of bitcoin, in this case we need to talk about supply, bitcoin has a maximum supply of 21 million while Ethereum does not have that and can still increase the supply of coins to the market.
I also believe that bitcoin will be much more widespread in the future especially if there are currently developments on the bitcoin network, this shows that it is likely that Bitcoin will continue to be above ETH.
Yep, the cap and adoption of a coin far and wide are essential to its future, both in the crypto world and other places alike. Currently, the cap of BTC is around 1 Trillion dollars, whereas ETH is $300k, which is like 1/3 of it