ETH had a unique set of circumstances, well known boy genius, goldman sachs types in the shadows, unfulfilled bubble hunger. I don't think that can be replicated.
eth 1 billion pump was totally artificial and the target was stipulated at the beginning of February, when eth price was around 0,005 btc.
If whales did it once, they can do again. And now with a real currency
ETH was just a pump and dump which reached a frenzy before the expected, because involves thousands of new people in crypto market.
The whales were able to handle very well with these noobs, who invested only evaluating the individual value of eth without considering the absurd number of units on the market.
They do not know what they are buying.
ETH will not be the currency used in ethereum, the coins will be others, including fiat. ETH is only a fee within the ethereum blockchain.
And for a fee is costing much more than it should.
Now whales are out and looking for the next.
Coin Pimps take credit for ETH billion $$$ cap that resulted after highly publicized, widespread corporate adoption, lol
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Article Date Feb 12, 2016 (ETH cap on Feb 11 $325,000,000)
http://bravenewcoin.com/news/ethereum-surges-overtaking-ripples-market-cap-for-the-second-time/"The value of Ether began to surge at a rapid rate in early January, after the R3 consortium and Microsoft Azure
announced successful integrations of the Ethereum protocol.
Microsoft Azure has been working with Ethereum since late 2015. The cloud based computer platform is aiming to
offer a decentralized smart contracts-based cloud service to its institutional users. On January 28, Microsoft Azure
secured several partners that offer distributed ledger technologies that work with Ethereum, including MultiChain,
CoinPrism and Eris. The integration of global bitcoin processor and merchant payment service provider BitPay and
other cryptocurrency startups like Emercoin contributed to the increase in Ether volume.
The R3 consortium is a collaborative project involving some of the world’s largest multi-billion dollar banks -
Citibank, JP Morgan Chase and Wells Fargo to name a few. A few weeks after the Azure announcement, R3
announced that the group had completed the development of a shared distributed ledger banking platform,
built on the Ethereum network.
The R3 consortium’s Ethereum-based private distributed ledger platform connected Barclays, BMO Financial Group,
Credit Suisse, Commonwealth Bank of Australia, HSBC, Natixis, Royal Bank of Scotland, TD Bank, UBS, UniCredit and
Wells Fargo, allowing these financial establishments to settle and execute financial transactions instantaneously,
on the Ethereum network".
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Even though everything in the article was common knowledge for weeks... ETH still tripled from there.
To point out the obvious, the next billion $$$ coin will have similar corporate adoption...
And we are talking 100s of Elite Devs being paid 6 figure salaries to build on it... not some random, anon "genius".