ETH/BTC Could Crash to 0.03 or Lower: Samson Mow
Main Idea
Samson Mow, a Bitcoin maximalist, argues that Ethereum will never surpass Bitcoin in value and predicts ETH/BTC could drop to 0.03 or lower, while criticizing Tom Lee for supporting Ethereum.
Key Points
1. Samson Mow, CEO of JAN3, asserts that Ethereum will never 'flip' Bitcoin in market dominance.
2. Mow predicts the ETH/BTC ratio could crash to 0.03 or lower, citing upcoming unstaking of 768,400 ETH worth $3.5 billion.
3. Tom Lee faces backlash from the Bitcoin community for supporting Ethereum, claiming it is undervalued and could reach $6,000 per coin.
4. Mow believes Bitcoin will surge once the current altcoin market frenzy subsides.
5. Mow outlines two Bitcoin price scenarios: a massive sell-off followed by a rebound, and altcoins tanking while Bitcoin rises.
Description
Bitcoin maximalist Mow promises that ETH will never flip BTC, sharing a big reason for that
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