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Bitcoin Jesus Roger Ver Predicts Ethereum Will Surpass Bitcoin By The End of 2018

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Roger Ver, who is often referred to as ‘Bitcoin Jesus’ in the cryptosphere, says Ethereum will take the top spot this year. Roger Ver believes technologically superior cryptocurrencies like Ethereum and bitcoin cash will see massive gains in the coming months and years.

Bitcoin Cash has more than doubled in value in the last month and big investors coming in soon could see it double again by next week.

“I see it happening, and I believe it’s imminent.”

“Ethereum could overtake Bitcoin by the end of the year and Bitcoin Cash could do the same before 2020.”

The cryptocurrency expert insisted Bitcoin is hamstrung by slow transaction times and high fees while other cryptocurrencies have attempted to solve these problems. More than 1,500 other cryptocurrencies have come into existence since bitcoin’s inception in 2009, each one trying to overcome one or more of bitcoin’s flaws.

In the past 12 months, the price of one bitcoin has risen from around $1,700 to $9,360 – an increase of 450 per cent. In the same timeframe, Ethereum has seen gains of almost 1,000 per cent to reach its current value of $764, while bitcoin cash has surged from around $500 in August last year to today’s price of $1,655.

However Michael Jackson, from venture capital firm Mangrove Capital Partners, emphasised Bitcoin is able to adapt thanks to people who are working to solve its “scalability problems”. He stated

“There is so much talent in the crypto space, and people are working on solving these scalability problems. I don’t see why Bitcoin shouldn’t remain in the number one spot. It is still by far the best known and it is ultimately the reserve currency in the space.”

Bitcoin could remain the world’s dominant cryptocurrency, Mr Ver conceded, but he does not believe such a scenario is likely.

“It’s not guaranteed but it is much more likely to happen than not. Bitcoin cash has more than doubled in value in the last month and big investors coming in soon could see it double again by next week. People love to chase a rising star.”

KryptoMoney.com publishes latest news and updates about Bitcoin, Blockchain Technology ,Cryptocurrencies and upcoming ICO’s.

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