Ethereum Surpasses Bitcoin Google Searches for the First Time in History
image source : web
Only 4 months ago Bitcoin dominance in cryptocoin market capital is about 90%. Then a sudden and rapid increases of an altcoin Ethereum dropped it to under 40%. And also, some days ago Bitcoin searches in Google search engine were remained at all time top position in the dominance of cryptocurrenies. Now, in the previous week on June 10, suddenly Ethereum searches in Google surpassed Bitcoin searches for the first time in the history.
That's partly because people are freaking out about BIP148, Segwit2x, Block size limits, "Core", etc. They're diversifying in case Bitcoin dies, and Ethereum is the logical next choice for many because it's next up in market cap and seems to have a more stable team.
It's fun reading the controversy at http://reddit.com/r/bitcoin (censored) and http://reddit.com/r/btc (less censored)
It also takes some reading to get the hang of what 'smart contracts' and the 'Global Java Virtual Machine' are :)
I think new investors are drawn to Eth and other coins because they are more affordable and this decrease of bitcoins dominance will increase drastically as more money floods in to the market. Eth also is a fantastic blockchain and people religiously believe in it so imo the flippening is only days away. Good article! enjoyed the cool fact!
Awesome. The crypto will take over the world. :D
This post has been ranked within the top 50 most undervalued posts in the first half of Jun 18. We estimate that this post is undervalued by $17.98 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jun 18 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.