Make that 0.25 ETH/BTC... it's only a
quarter folks!!!
I am just excited with the recent price spikes going on for ETH and hoping for it to be in par with Bitcoin. My estimate would be 1 BTC = 1 ETH or I could be wrong.
In my opinion, I see that ETH is a lot more useful than BTC (and more powerful) with the ability to create dapps, smart contracts, issue your own assets, etc. If all goes well, it might even become Bitcoin's replacement. I am very optimistic.
Analizing that equality in the event that the value could be the same:
1 BTC = 1 ETH
and considering the supply now only:
15,211,400 BTC = 77,033,300 ETH
so that equality could never be fulfilled
seen otherwise:
Price of BTC $ 401.24 and assuming that ETH could cost the same then:
15,211,400*401.24 is not equal to 77,033,300*401.24
the only way that it can be accomplished is that the price of ETH would be lower than BTC a value aprox. of 79.23. checking:
15,211,400*401.24=77,033,300*79.23
6103422136 = 6103348359*with a little difference of 73777 only by the use of two decimals
Summarizing and speaking only about the unity 1 BTC or 1 ETH :
this leaves room only for:
1BTC > 1ETH just now
1BTC < 1ETH can be but could be very difficult
Note: this approach is only at this stage for these values which remain changing quickly, for nothing it should be taken for an investment decision or something.
Corrections are welcome.........