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Strange title considering Ethereum tumbled from nearly $400 to $275 because of the ban.
by grubles 9y ago
Strange title considering Ethereum tumbled from nearly $400 to $275 because of the ban.
- yebyen 9y agoAt-large people are more interested in Bitcoin in the news. I personally agree with you at Ethereum being more interesting, and much more central to the ICOs issue, but it's also less stable (bigger swings in price), and higher risk (risk/reward) while being newer, and more unknown in the market. My dad has started sending me Bitcoin news. I'm so proud. I was proud at first when he was able to find Bitcoin news in his regular news sources. I'm even more proud now that he's sending me news with relevant, quality information that I hadn't already heard! It is not that strange though, when you consider the market cap of Bitcoin today is $71B and the cap of Ethereum is $28B (and is measured in bitcoin, at least on the first Google result that I was able to find.) Is a 30% drop in ETH prices really bigger news than a 20% drop in Bitcoin prices? Bitcoin was the first mover, basically made the market, and has all of the mindshare. It's basically the USD of cryptocurrencies.