Investor and entrepreneur Roger Ver was one of the early investors in Bitcoin, and he made a great deal of money from the blossoming digital currency during its early days. He is an important figure in the crypto world and many investors look to him for advice.
He also owns the domain Bitcoin.com, and has been an active proponent for the digital currency for many years. However, he has become less enamoured with Bitcoin in recent months and has been noted to prefer its hard fork Bitcoin Cash.
He has also spoken out to praise other digital coin systems, specifically Ethereum and its native coin Ether, as he becomes increasingly critical of the Bitcoin asset. Ver has investments in a wide number of cryptocurrencies, including the up and coming Ripple asset.
Ver predicts that Ethereum could overtake Bitcoin in the near future. He notes that Ethereum only needs to double in price once more to reach the same market cap Bitcoin currently trades at.
Of course, this presumes that Bitcoin will not rise again any time soon. Right now, Ethereum is trading at $719.17 with a market cap of $70.57 billion, while Bitcoin has a unit price of $9,440.25 with a listed market cap of around $129 billion. Read more from cryptodaily.co.uk…
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