Bitcoin Vs. Ethereum: Which One To Invest In This Year

The battle between Bitcoin and Ethereum is real this year.
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The truth is, both cryptocurrencies are great to invest in. However, if you are looking for a new rising star in the crypto world, many analysts agree that it should be Ethereum.

Now, there are some points that stand my ground here. Basically, Ethereum is a new rising star and could increase its value by thousand percents (just like Bitcoin) because of the following:

• It is an open-source digital currency that is designed to allow peer-to-peer transactions
• It is up roughly 4,000% to date
• It is the second largest cryptocurrency out there with a market cap of $26bn, which certainly gives it some advantage over the others
• It already increased to 55% in the past six months and dwarfed Bitcoin’s gains over the same period
• The entire cryptocurrency is built on a newer generation of blockchain technology and is perfectly optimized for software engineers (according to William Mougayar, a blockchain expert)
• The key piece of technology in Ethereum is called ‘smart contracts’ – allowing you to exchange money, property, stock etc. without having to go through a lawyer or any legal service
• There are more than 35,000 developers and more than 500 startups embracing the platform
• Big companies like BP and Microsoft are also using it

Hope that these points helped you see the value of Ethereum!

For more information, recent news and forecasts on it – visit DC Forecasts – the best destination for all-crypto.