Ethereum will continue to go up in price as people will buy ETH to invest in ICO's, while ICO's lock up the ETH.
Just two days ago, June 11, There was $16 billion difference between BTC and ETH. Currently the difference is only $8 billion.
I was being conservative by saying that a month from now ETH will be #1. Will it really take that long for ETH to cover $8 billion?
The UASF FUD will push people out of BTC. Unless your a BTC maximalist, the layman will trade his BTC for ETH. People like to take the path with least resistance while speculating on the most potential profit.
What I'm going to do. Buy ETH and ride it till it passes BTC for the #1 spot. Buy ETC while it's cheap. If ICO's do come to ETC, it will pump like ETH !
https://cointelegraph.com/news/ethereum-price-closes-on-400-can-it-take-over-bitcoin-soon
https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36
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Interesting perspective. Thank you for your take. Idk about classic... Do you think there is enough developer drive and cooperation? One good thing is that dapps developers for ETH will likely make classic versions too if there is any community around and there could be some interesting differences and innovations. I think I'll wait a tiny bit on classic so my funds don't sit inertialess and then pick up some if the water feels warm.
I'm sure Barry Silbert will get more people to invest in ETC whether it being through Grayscale or have companies launch ICO's on ETC.
IF and when ETH goes to POS what will happen to the miners? Most will probably go mine ETC. If ETC can't get any Dapps built on it, then it will probably be one massive failure. I doubt that will happen. Also if ETH keeps encountering problems in the future. People might look to ETC if ETC can offer solutions to the problems ETH faces.
Good and valid points!