Ethereum is going to surpass Bitcoin in terms of market cap within this week by joechoy

View this thread on: hive.blog | peakd.com | ecency.com

ethereum · @joechoy · Jun 12 '17 (edited)

$0.04

Ethereum is going to surpass Bitcoin in terms of market cap within this week

With the recent growth in the price of Ethereum, the value of one single Ether has already come close to 400. Everyone is predicting that one day Ethereum will take over Bitcoin as the leader in the cryptocurrency world. So, I have done a little bit math about it. 

![Screen Shot 2017-06-12 at 10.11.09 pm.png](https://steemitimages.com/DQmeobjenUKypkUVApX2ZiJzAd99MUwopBG81QJLKbi7EsY/Screen%20Shot%202017-06-12%20at%2010.11.09%20pm.png)

Having the market caps of ETH and BTC at 36B and 45B respectively at this moment, their different is about 26%. Which means when the price of Ethereum reaches 500, Ethereum would surpass Bitcoin in terms of market cap.

Assuming that the price of Bitcoin remains steady and Ethereum grows at an optimistic rate of 10% daily. It takes Ethereum 2.42 days to achieve the required 26% growth, and that would be the coming Wednesday or Thursday, depending the your timezone.

Let's see whether this prediction would come true or not in these few days and enjoy your gain meanwhile.

👍 dimimp, steve005, gbonikz, joechoy

`author`	joechoy
`permlink`	ethereum-is-going-to-surpass-bitcoin-in-term-of-market-cap-within-this-week
`category`	ethereum
`json_metadata`	{"tags":["ethereum","bitcoin","cryptocurrency","money","technology"],"image":["https://steemitimages.com/DQmeobjenUKypkUVApX2ZiJzAd99MUwopBG81QJLKbi7EsY/Screen%20Shot%202017-06-12%20at%2010.11.09%20pm.png"],"app":"steemit/0.1","format":"markdown"}
`created`	2017-06-12 15:06:27
`last_update`	2017-06-12 15:39:39
`depth`	0
`children`	2
`last_payout`	2017-06-19 15:06:27
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.032 HBD
`curator_payout_value`	0.006 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,016
`author_reputation`	208,888,568
`root_title`	"Ethereum is going to surpass Bitcoin in terms of market cap within this week"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	4,662,803
`net_rshares`	13,317,088,478
`author_curate_reward`	""

properties (23)vote details (4)

voter	rshares	pct
dimimp	12,805,237,447	1%
gbonikz	95,629,534	100%
steve005	364,441,497	100%
joechoy	51,780,000	100%

@steemitboard · Jun 2 '18

Congratulations @joechoy! You have received a personal award!

[![](https://steemitimages.com/70x70/http://steemitboard.com/@joechoy/birthday1.png)](http://steemitboard.com/@joechoy)  1 Year on Steemit
_Click on the badge to view your Board of Honor.


> Do you like **SteemitBoard**'s project? **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!

properties (22)

`author`	steemitboard
`permlink`	steemitboard-notify-joechoy-20180602t201724000z
`category`	ethereum
`json_metadata`	{"image":["https://steemitboard.com/img/notify.png"]}
`created`	2018-06-02 20:17:24
`last_update`	2018-06-02 20:17:24
`depth`	1
`children`	0
`last_payout`	2018-06-09 20:17:24
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	435
`author_reputation`	38,975,615,169,260
`root_title`	"Ethereum is going to surpass Bitcoin in terms of market cap within this week"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,955,674
`net_rshares`	0

@steemitboard · Jun 2 '19

Congratulations @joechoy! You received a personal award!

<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@joechoy/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@joechoy) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=joechoy)_</sub>


###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!

properties (22)