RE: Math-Based Fundamental Value Analysis Has Been Right About Bitcoin Bear Trend So Far - What Does it Tell Us About When Sustained Growth Will Return?

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RE: Math-Based Fundamental Value Analysis Has Been Right About Bitcoin Bear Trend So Far - What Does it Tell Us About When Sustained Growth Will Return?

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hedge-x (57)in #bitcoin • 7 years ago

Thanks for pointing this out. Comparing the Bitcoin fundamentals against Ethereum, there's a massive growth story for ETH. I think its very possible to see ETH flip BTC at some point when comparing the two. Screen Shot 2018-04-08 at 12.38.04 PM.png
Screen Shot 2018-04-08 at 12.40.04 PM.png

7 years ago in #bitcoin by hedge-x (57)

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kenraphael (62) 7 years ago

That is indeed looking possible based on the numbers and the trend. I should point out though that it looks like the above graphic is comparing cumulative unique addresses in ethereum with just the new daily unique addresses in bitcoin, so some care needs to be taken with such comparison because they'd be different quantities. But your point is well taken. And some of that is evident in this peer reviewed journal article: https://www.sciencedirect.com/science/article/pii/S1567422317300480

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positivesynergy (43) 7 years ago

I agree there is a good possibility of that too, especially considering the real world practical utility value of Ethereum.

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mamf18 (8) 7 years ago

in capitalisation yes, but not in value. ETH coins are much more and easier to create than BTC.

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