Bitcoin is on the rise...
Will Altcoins reach or surpass Bitcoins market cap?
Let me know your thoughts.
It's possible for other cryptocurrencies to surpass Bitcoin market capitalization, if there will be an altcoin that will surpass Bitcoin it should have a high value and huge supply. For example is Ethereum, it has unlimited supply (95,493,277 ETH in circulation) and if the value of Ethereum hits $1500 it will surpass Bitcoin current market capitalization but will not surpass Bitcoin value. This will only possible if huge community around the world will invest in Ethereum instead of Bitcoin, which is I think unlikely to happen.
What will it take for Ethereum to beat Bitcoin's market cap? People seem to be glued on Bitcoin right now, will they be as glued to Bitcoin after Segwit2x?