What do you think people? Bitcoin Cash has certainly seen some positive support from the bitcoin community, its risen value is a proof of that.
In terms of what? Marketcap?
Market cap is also growing, and I know many people have not yet even claimed it from their seeds because they are expecting it to grow much higher than its current value.
So what do you think? Is it gonna beat Ethereum and take up the second position at market cap?
But we all know that marketcap is not significant right? And often very misleading.
Its just:
Price x The total coins in circulationWe also have to check other factors as well like the volume of transaction, its current market price, number of supply and total number of coins in circulation. Plus each has each different audience: Bitcoin Cash = money system, Ethereum = Smart Contracts.
With that said, I don't think that Bitcoin Cash can overrun Ethereum just by looking at the marketcap. Also there's the issue of Bitcoin Cash as pump-and-dump by the those people who manipulates from behind. Short term: Maybe, but Long Term: I doubt it.