ONE of the major influences I watch is the relationship between Etherium divided by Bitcoin. Here I can see BTC’s value being swallowed up by ETH, at the same time fiat money is overwhelmingly coming into the market on both these platforms, thus increasing there own values.
Then I can over lay the two additional charts, charting individually with their current value’s against the USD. Now I can see if either of them are under or overvalued.
Okay with this now, I think of what platforms are the new coins/tokens are being developed on ?? This is also where the money is going and thus changes the relationship between who/what is using either BTC or ETH more of ??
Another large factor. What are BTC and ETH used for now and what are they going to be used for the future??
I see ETH being used more in the future 1 - 4 years than BTC. I expect BTC to increase in value only to be slowly swallowed up (percentage wise) by ETH (and other future not yet developed networks) with the new development of new venture coins/tokens built on the ETH network.
There will be new and more efficient networks to come in the future… Of course, technology doesn’t stop. I don’t wait, I do my best to make good decisions and not ever risk large amounts of money in “any” new emerging market.
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