Many people talk about the BTC/ETH exchange rate, and think that Ethereum is seriously undervalued at the moment.
My view is different from most people.
The so-called exchange rate K-line is just a trend in the past, which cannot explain anything.
Bitcoin will always go up, and there is no ceiling. ETH may not be, right?
Can you guarantee that Ethereum will always have innovation? Why is it tied to Bitcoin?
Look at the gap between gold and silver, which is getting bigger and bigger. The same is true for Bitcoin and Ethereum.
Bitcoin is a rigid currency, but Ethereum is not. It is only a matter of time before it falls behind. The gap will get bigger and bigger in the future.
So many people don’t understand Bitcoin or Ethereum.
Look at why MicroStrategy doesn’t buy Ethereum,
Look at why Sihai doesn’t buy Ethereum, and why don’t many large institutions buy Ethereum?
Those who really understand Bitcoin will not allocate too much Ethereum.
They are not the same thing in essence, and the gap is too big.
If there are some popular applications or ecosystems on Ethereum recently, it will definitely surge. If not, it will be difficult and continue to decline. There must be a logic for the rise.
Ripple used to be the second, right? I have been selling coins and fell behind. The Ethereum Foundation also often sells coins and has fallen behind now.
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