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18 April 2021

'ETH has outperformed BTC by 250% since inception': Raoul Pal triggers debate

'ETH has outperformed BTC by 250% since inception': Raoul Pal triggers debate


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Real Vision co-founder and CEO Raoul Pal has sparked a spirited debate after predicting that Ethereum and other coins with "network effects" will outperform Bitcoin over time.

Bitcoiners weren’t pleased with Pal’s interpretation of events, with Craig Wright antagonist, Arthur van Pelt, arguing Ethereum has outlived its early hype and that since the 2017 bull run “it’s down 77% and on a long term decline.

On-chain analyst Willy Woo suggested that Ethereum’s price rise was simply the initial hype cycle playing out and that ETH has little potential for future price increases

Pal took the other side, and states ETH will rise closer to Bitcoin’s price after one year, with the loser to fly the winner over for drinks, in either London or theCaymen Islands

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cointelegraph.com
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