Ethereum The Next Bitcoin: Cryptocurrency Will Rise as Bitcoin Bubble Bursts
While bitcoin bubble looks to crash at any moment, Ethereum continues to strengthen its positions. It is the second largest cryptocurrency with $82 billion of market capitalization. Currently it is trading at $720.
Oliver Isaacs, who is known as a cryptocurrency investor and tech influencer believes that Ethereum could be as successful as Bitcoin and even better. He has made a 10,000 % profit investing on cryptocurrencies in the past few years.
In early 2017, he says he bought into ethereum for just $14 a coin and now his investment is worth more than $300, a huge increase.
Isaacs mentioned that bitcoin yet has leading positions as it’s the most popular cryptocurrency and widely used. He made his prediction that Ethereum has the best long-term potential due to its construction.
He spent $14 on NEO at the same time, which although it has seen a rise is only worth $30 a coin in comparison to ethereum.
He said he still believe the bright future of bitcoin, although he invested in the lesser known coins.
“Bitcoin has the potential to transform our future for all industries from the housing market to healthcare and even our laws. While there is still a long way to go, cryptocurrencies have the potential to obsolete fiat currencies- whether this will be Bitcoin, Bitcoin cash or another crypto remains to be seen.”