Bitcoin vs Ethereum: Expert Predicts Disaster for ETH Price

Bitcoin maximalist Max Keizer recently reiterated his stance on Ethereum, predicting a dire future for the cryptocurrency compared to Bitcoin. Keizer’s latest review, shared on social media platform X, revives his long-held opinion that Bitcoin outperforms Ethereum and other altcoins at fundamental levels.

According to Keizer, Ethereum is “heading toward zero against BTC,” citing fundamental differences in their underlying technologies and legal classifications.

Product Status and Decentralization Issues

Keizer’s argument is based on the idea that Ethereum is not centralized and does not have commodity status and a decentralized proof-of-work algorithm that “enhances” the appeal of Bitcoin.

He points out that in countries like El Salvador, where he advises President Nayib Bukele on Bitcoin initiatives, Ethereum is considered an unregistered security rather than a commodity – a status that Bitcoin has retained in regulatory circles in the United States .

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Despite criticism from Bitcoin supporters, ETH continues to hold significant market position, trading above $3,800 with slight gains by 0.8% in the last 24 hours and by 2% in the last week.

ETH price is moving sideways on the 4-hour chart. Source: ETH/USDT on TradingView.com

While Bitcoin maximalists like Kaiser remain critical of the altcoin, many experts maintain a positive outlook, predicting that ETH could mirror Historical performance of Bitcoin of a parabolic rise.

Notably, ETH’s recent performance comes against a backdrop of positive forecasts from leading financial analysts, including those at investment firm VanEck, who recently adjusted their forecasts for Ethereum’s long-term price potential .

Contrasting View: VanEck Predicts Bright Future for Ethereum

In a recent job In updating its forecast for ETH, investment firm VanEck offered a more optimistic view, projecting that the price of ETH could reach $22,000 by 2030. This bullish outlook is based on the role of ETH in the field of smart contract platforms, its ongoing development and its ability to disrupt traditional methods. markets.

VanEck’s report credits Ethereum’s “robust” framework for developers and its potential. impact on finances and Big Tech as essential factors for its future valuation.

VanEck analysts also point to the impending approval of Ethereum spot exchange-traded funds (ETFs) as a key driver of ETH adoption and price increases. They argue that such developments will improve the accessibility and demand for ETH, which could lead to a significant increase in market capitalization.

VanEck analysts particularly noted:

Driven by a strong value proposition to entrepreneurs, the Ethereum network is likely to continue its rapid growth in market share with traditional financial market players and, increasingly, Big Tech. If it does so while maintaining its dominant position among smart contract platforms, we see a credible path to $66 billion in cash flow available to token holders supporting $2.2 trillion in assets, or $22,000 per piece, by 2030.

Featured image created with DALL-E, chart from TradingView

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