Ethereum: Denied rumors about its status as a financial security?

Guy Turner from Coin Bureau recently spoke on the CryptoBusy podcast. He then shared his impressions of two altcoins: Ether (ETH) and Cosmos (ATOM). He explained that one was likely to stand out from all and the other still had a long way to go. Check out crypto analyst Guy Turner’s prediction on Ethereum.

Guy Turner finds the evolution of Ethereum quite normal!

While some see ether as a financial security, Guy Turner talks about its potential and is bullish. Crypto analyst expects Ethereum to know a significant rise to the point of taking the place of Bitcoin. ETH would then become the first crypto in terms of market capitalization. Turner clarified that this would be a completely normal event. He argues that the latter would not be as extraordinary as most people think.

Guy Turner said: I guess the important thing about whether the rollover happens or not is that it’s not a big deal. I think a lot of maxis on both sides of the fence tend to get upset about this “. He added that bitcoin (BTC) and ether (ETH) do not play the same roles. ” They do different things, so whether ETH replaces BTC or not is not really an issue as far as I’m concerned. “, he underlined.

Will Ethereum take Bitcoin’s place?

That said, the crypto analyst relies on two elements to assert that Ethereum will probably overtake Bitcoin. These last are : ” the continued growth of the Ethereum ecosystem and how many people will use it in the future “. Turner clarified that ether will eventually be “one of those things you’ll use without really realizing it “.

Guy Turner believes that the Ethereum blockchain can only grow because it is versatile and dynamic. The dynamism of the network is reflected here by its constant updates. In this context, the crypto analyst explained: “I can only see Ethereum growing. I mean, he has so much market share right now. It’s constantly evolving, it’s constantly finding new things, and we already have this whole Tier 2 ecosystem system built on top of it. I really have a feeling Ethereum is going to be the base layer, the core blockchain“.

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