Bitcoin is overpriced at the current price, it takes around 5-50 h for an average transaction to go through. In it's current state it doesn't make sense to be valued at 16-17k. Ripple has been pumped for no real reason. Considerind these factors, after the hype dies down, I think Ethereum will finally get back to where we were in June when it was close to overtake Bitcoin. If Ethereum would have Bitcoin's market cap it would be worth around $2800. On korean exchanges it already sells for $1800. in my opinion the flippening will happen soon.
What do you think? Is Ethereum in a bubble or undervalued?
