Ethereum News Update
Among seasoned Ethereum investors, there’s a belief that Bitcoin will undergo a crisis moment at some point in the future.
Here’s what would theoretically happen: Bitcoin starts to lose investor confidence, Ethereum is treated as a safe-haven asset, investment flows from BTC to ETH increase, and then the ETH/BTC ratio rises above 1.0.
This moment is referred to as the “flippening”—the precise moment that Ethereum is crowned leader of all cryptocurrencies.
Naturally, it’s impossible to forecast a precise date for this event. Even if you could figure exactly when it would happen, the mere act of knowing would alter trading patterns and.
The post Ethereum Price Forecast: “Flippening” Delayed by ETH Price Crash appeared first on Profit Confidential.
Written by Gaurav S. Iyer, IFC @ https://www.profitconfidential.com/cryptocurrency/ethereum/eth-price-forecast-flippening-delayed-ethereum-price-crash/ February 28, 2018 Gaurav S. Iyer, IFC