It might be a bubble but 1 billion marketcap and still growing can't really be a p&d. It's time for Bitcoiners to acknowledge there's a new kid in town. Just check what Ted Rogers, president of Xapo is saying on Twitter:
"blocksize restriction by Core & centralization of dev in 1 company has made #bitcoin the slow incumbent & #ethereum the agile disruptor"
Put all BTC in ETH. It's game changer.
When the block size issue is resolved in bitcoin, the bitcoin price will rise again. At the moment, there is too much concern about the unity of the bitcoin community.
Dude, that won't happen overnight, it may never happen...but one thing is for sure, Coinbase, Circle, Xapo and other exchanges are companies that are getting frustrated, that's a fact, so they are at war. And they are in the business of making money, not some fatso anarcho idealist bullshit. They sure don't like missing all the ETH action and if ETH continues its uprising for another month I think it's only a matter of time many announcements and deals will be made.
Now, like I said many times in this thread, I'm not a complete ETH fanboy, I know there is a lot of risk of ETH having a sharp drop in the near future (not sure from where though...) and since I've went almost all in in 90s mark I sort of safe to at least get my money back with some profit. But at the same time, I also think there's a slight chance the real bubble starts in the next weeks when it hits mainstream news and bitcoiners start to move more and more to ETH...
Nothing as big happened in crypto since Bitcoin bubble in my opinion, LTC was a joke compared to this. So even if ETH doesn't quite make it or loose steam, it will be a wonderful lesson for all of us and even a great lesson to BTC devs to get their shit together once and for all. Not that they can fix BTC as a payment system, it's completely unusable and worthless if they are still trying people to adopt it...