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      "body": "Congratulations @cryptotec! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@cryptotec/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@cryptotec) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=cryptotec)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "I agree that Ether will likely surpass the market cap of Bitcoin in the near future as it essentially represents another internet in addition to being a transferable currency.  The big news I am waiting for is speculative, but would move this cryptocurrency to the moon quickly.  Imagine if Microsoft convinces Amazon to accept Ether as payment.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://beforeitsnews.com/economy/2017/05/ethereum-forecast-to-surpass-bitcoin-by-2018-2895343.html",
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      "title": "Ethereum Forecast To Surpass Bitcoin",
      "body": "Back on  February 27, when bitcoin was trading in the mid-teens, we wrote \"Step aside bitcoin, there is a new blockchain kid in town.\"\n\nIn recent days, the world's second most popular digital currency, Ethereum, has been surging (despite its embarrassing hack last June when some $59 million worth of \"ethers\" were stolen forcing the blockchain to implement a hard fork to undo the damage), prompting many to wonder if some big announcement was imminent. It appears that yet again someone \"leaked\" because on Monday, an alliance of some of the world's most advanced financial and tech companies including JPMorgan Chase, Microsoft, Intel and more than two dozen other companies teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum - not bitcoin - in the latest push by large firms to move toward the holy grail of a post-central bank world in which every transaction is duly tracked: a distributed ledger systems.\nCommenting on the sharp - for the time - rise in ETH price (which had moved from $13 to $15), we said \"the move may be just the beginning if most corporations adopt Ethereum as the distributed ledger standard: Accenture released a report last month arguing that blockchain technology could save the 10 largest banks $8 billion to $12 billion a year in infrastructure costs — or 30 percent of their total costs in that area.\" Since then most corporations have indeed adopted Ethereum as the distributed ledger standard.\n\n* * *\n\nThree months later, and with Ethereum 15x higher at $230, Bloomberg today writes: \"Step aside, bitcoin. There’s another digital token in town that’s winning over the hearts and wallets of cryptocurrency enthusiasts across the globe.\"\n\nIt's not just the lede that is familiar, it's everything else too, especially the forecast.\n\nThe value of ether - the digital currency linked to the ethereum blockchain - could surpass that of bitcoin by the end of 2018, according to Olaf Carlson-Wee, chief executive officer of cryptocurrency hedge fund Polychain Capital who was interviewed by Bloomberg.\n\n\"What we’ve seen in ethereum is a much richer, organic developer ecosystem develop very, very quickly, which is what has driven ethereum’s price growth, which has actually been much more aggressive than bitcoin,\" said Carlson-Wee, in an interview on Bloomberg Television Tuesday.\n\nAs we previously reported, while Ethereum suffered an embarrassing hack last summer resulting in the theft in millions of ether, the cryptocurrency has drawn the interest of industries from finance to health care because its blockchain does far more than let bitcoin users send value from one person to another. \"Its advocates think it could be a universally accessible machine for running businesses, as the technology allows people to do more complex actions in a shared and decentralized manner.\"\n\nWhich is why ethereum is gaining increasingly more converts. Carlson-Wee wasn’t the first to forecast a bright future for ethereum. Fred Wilson, co-founder and managing partner at Union Square Ventures, laid out an even more ambitious timeline for the cryptocurrency in an interview earlier this month.\n\n\"The market cap of ethereum will bypass the market cap of bitcoin by the end of the year,\" said Wilson, who is also chairman of the board at Etsy.\n\nIn fact, if one looks at the relative market share of various cryptocurrencues, and extrapolates current trends, ethereum could surpass bitcoin in just a few months. \n\n\nBitcoin currently dominates a little less than half of the digital currency market, down from almost 90 percent three months ago, according to Coinmarketcap.com data. Meanwhile, ethereum has quadrupled its share, which now represents more than a quarter of the pie.\n\nIndicatively, as of this moment, the market cap of Bitcoin is $37 billion, 75% higher than Ethereum. If the optimsitic forecasts are accurate, Ethereum, which is currently offered at $230, will cost roughly $400 next time we look at  it, if not more. What is more interesting is that while bitcoin hit an all time high of approximately $2900 one week ago, it has failed to recapture the highs, even as ethereum has continued surging ever higher, perhaps a sign of a broad momentum shift from the legacy \"cryptocoin\" to the \"up and comer.\"\n\n\"We’re absolutely still in the infrastructure building phase,\" Carlson-Wee said. \"But I do think within one to two years, we’ll start to see the first viral applications that are user facing.\"\n\nIn any case, for readers interested in putting money into either extremely volatile crypto, be prepared, in fact assume, a complete loss of your investment as chasing such speculative manias rarely has a happy ending. Then again, trying to time the peak of any bubble is a fool's endeavor. Just look at the S&P.\n\nBitcoin’s growth has started to catch up to its fundamentals, which is likely what has been driving its astronomical gain as of late, he said. Others have attributed the surge to speculation, as well as increased interest in Asia and adoption by established companies.\n \nImpressive performance aside, more than $150 has been knocked off bitcoin’s price since late last week amid concerns about transaction speed, safety and a possible price bubble.\n\nFull interview below:\n\nhttps://www.youtube.com/watch?v=Y2fUPNbBF60&spfreload=5",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://steemit.com/bitcoin/@riosparada/max-keiser-bitcoin-price-cycle-will-repeat-to-usd100k-and-beyond",
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      "body": "### ![maxkeiser](https://pbs.twimg.com/profile_images/513673436590116865/fMX02-YO_normal.png) **[Max Keiser](https://twitter.com/@maxkeiser/status/870632362694123521)** tweeted @ 02 Jun 2017 - 13:25 UTC\n\n> This pattern will repeat all the way to Bitcoin $100,000 and beyond... https://t.co/o9Wj4reBtv\n\n\n###### *Disclaimer: I am just a bot trying to be helpful.*",
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      "body": "Max Keiser: Bitcoin Price Cycle Will Repeat to $100k and Beyond, Cointelegraph\n\n![](https://steemitimages.com/DQmPpqXpreDHvcgRH7WhQ2FoxPgZtPPMbK6mp4WwWLR7Hnd/image.png)\n\nMax Keiser has remained bullish on Bitcoin, forecasting at least a $100,000 price in the future in line with Russia Today.\n\nThe RT host tweeted Friday that despite the boom and bust cycles, Bitcoin would continue to defy naysayers and continue growing - first to $3,000, then $10,000 and “all the way to $100,000 and beyond.”\n\nhttps://pbs.twimg.com/media/DBUbhCEXgAACDlX.jpg:large\n\nhttps://twitter.com/maxkeiser/status/870632362694123521/photo/1\n\n\nKeiser regularly publishes encouraging data along with comments on Bitcoin’s progress, as well as its favorable nature as an investment over fiat currencies or commodities such as gold.\n\nIn early May, he was even awarded gold for a “snooze fest of the decade award” for its years of comparatively sluggish performance.\n\nSeveral weeks later, as Bitcoin experienced a correction from its near-$3,000 all-time high to below $2,000, Keiser remained positive.\n\n“I survived the Bitcoin bear market from three hours ago,” he wrote on the day of the downtick.\n\nMax Keiser @maxkeiser\nI survived the Bitcoin bear market from 3 hrs ago.  👍😂\n3:14 PM - 25 May 2017\n  84 84 Retweets   344 344 likes\nTwitter Ads info and privacy\nCuriously, the network on which he often espouses Bitcoin’s virtues initially failed to back his enthusiasm.\n\nFollowing the correction, even as prices began to creep up to eventually recover the majority of losses, RT repeated comments from a CNBC analyst that Bitcoin would enter a downward spiral, bottoming out only in January 2018.\n\n“We will see the bottom at the start of January, that is when stock markets typically tend to have a correction as well,” Nicola Duke had said.\n\nThe publication soon changed tack, this time highlighting comments from Saxobank’s Kay Van-Petersen, who had correctly called the $2,100 Bitcoin price in December 2016 and who now forecasts $100,000 a coin within 10 years.",
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