Why should BTC go to a million if like in ETH case one cannot buy up a company? It's all perception. The media talks about Bitcoin the most so more investors want it than anything else. If LEO or CUB would capture the same attention like BTC does, then LEO or CUB would be worth a million if not more because of a lower supply than BTC.
Posted Using LeoFinance Beta
Bitcoin has a fixed supply. That is the biggest difference. It also has first mover advantage. It is known. Those are the two biggest factors to its success in my opinion. Ethereum can keep inflating forever, regardless of EIP1559 or whatever it's called. At some point, the buying pressure will let up but there will still be new ETH coming on the market every day.
I agree, more attention will cause more people to want to own it but there still needs to be an end to that scenario or it will just inflate itself into nothing, just like fiat currencies are doing now.
Posted Using LeoFinance Beta