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2018 is over and this has gone too fast. It was a roller coaster, especially for the cryptic world. The two biggest competitors in the cryptomarket; Bitcoin and Ethereum have held each other for a while, not literally thankfully.
But which did the cut?
Well, for now, all cryptocurrencies are in trouble and regular browsing has not started yet. BTC is still recovering and is struggling to break the $ 4000 benchmark.
Even things for Ethereum do not seem too bright. A currency traded at $ 1,500 in 2017 has hit a new low and falls by 90%. Ethereum is now trading at $ 110. Watching the price of money alone can make you cry and scream loudly if you've bought Ethers.
However, some people see the glass half full when it comes to Ethereum. They still want to invest in it because they believe it can overthrow Bitcoin. Do you want to think? We do not know
But it seems that we also have some opposing voices that do not see it happening. Are they just bitter or do not want that to happen because their is at stake? Little can be said, but one thing is certain: they make convincing arguments.
Most people say that Bitcoin is the pioneer and that his defeat is tantamount to bringing down the entire empire. Which is true because people think that Bitcoin is the whole cryptic world. Now it is used interchangeably with crypto!
On the contrary, if the function of Ethereum is kept in mind; then you will realize how much on the basis of the application, Ethereum is a much stronger party. Which is one of the main reasons why investors think that Ethereum can still survive better than Bitcoin.
Ethereum is a decentralized computing platform and you can earn Ethereum by lending your processing power. Ethereum mining is also more profitable than Bitcoin.
Ethereum also had a bad publicity, they did not understand it, but the persistent problem of downsizing brought it into the limelight. And this can also be attributed to the fall of the Bitcoins.
The relationship between the two seems to be very complicated. Ethereum has a long way before going over the $ 4000 benchmark and who knows where Bitcoin could be by then.
If the value of Bitcoin does not increase in the offline world, the future of Ethereum seems more hopeful. But for now, there is a general decline in the trend of cryptomarket which is why almost all currencies have fallen by 20% from their peak.
