If You Invested $1000 Each In Bitcoin And Ethereum When Mark Cuban Overwhelmingly Favored ETH Over BTC, This Coin Would Have Returned You More Today

In 2018, billionaire investor and entrepreneur Mark Cuban publicly expressed his preference for Ethereum (ETH) over Bitcoin (BTC), stating that Ethereum had more potential for growth due to its smart contract capabilities and the development of decentralized applications (dApps) on its platform. If you had invested $1000 in both Bitcoin and Ethereum at that time, which coin would have returned you more today? Let's dive into the numbers and find out.

First, let's look at the price of Bitcoin and Ethereum in 2018 and their current prices:

* Bitcoin (BTC) in 2018: $13,860
* Ethereum (ETH) in 2018: $133.73
* Bitcoin (BTC) today: $57,991.40
* Ethereum (ETH) today: $3,878.28

Now, let's calculate the return on investment (ROI) for each coin:

* Bitcoin (BTC) ROI: (($57,991.40 - $1,000) / $1,000) * 100 = 5,699.14%
* Ethereum (ETH) ROI: (($3,878.28 - $1,000) / $1,000) * 100 = 287.82%

As you can see, both Bitcoin and Ethereum have seen significant price increases since 2018. However, Ethereum's ROI is higher than Bitcoin's, indicating that investing in Ethereum at that time would have yielded a greater return today.

To further illustrate this, let's insert a table showing the growth of both Bitcoin and Ethereum from 2018 to the present day:



As the table demonstrates, Ethereum's price has grown at a faster rate than Bitcoin's since 2018. This is due to several factors, including Ethereum's successful transition to proof-of-stake (PoS) in 2022, which increased its energy efficiency and sustainability, and the growing demand for dApps and smart contracts on the Ethereum platform.

In conclusion, if you had invested $1000 in both Bitcoin and Ethereum when Mark Cuban overwhelmingly favored Ethereum over Bitcoin in 2018, Ethereum would have returned you more today. Ethereum's higher ROI can be attributed to its unique value proposition as a platform for smart contracts and dApps, as well as its successful transition to PoS. While both Bitcoin and Ethereum have seen significant price increases, Ethereum's growth has outpaced Bitcoin's, making it the more profitable investment in this scenario.