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It is Predicted Ethereum would reach around $2500 in 2018

Discussion in 'Investing/Trading/Cryptocurrency/Altcoins' started by O.Julian, Mar 26, 2018.

  1. O.Julian
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    O.Julian New Contributor

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    Ethereum co-creator Steven Nerayoff says increased projects built on the cryptocurrency could trigger a “flippening” in 2018, in which Ethereum Overtakes Bitcoin
    “What you’re seeing with ethereum is exponential increase in the number of projects — there are billions of dollars being poured into the ecosystem right now — maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably a tripling in price by the end of the year,” Nerayoff said Monday on CNBC’s “Fast Money.”

    In the current year that is 2018, it is predicted that Ethereum would reach around $ 2500. By the end of next year that is 2019, it is expected that Ethereum would be somewhere around $ 14,000. Similarly, by the end of the year 2020, it is assumed that Ethereum would be around $ 31,000.

    Current Ether Price Stands at around $535.43 (At the time of this writing)

    Here’s what $500 could’ve gotten you in tech stocks and Bitcoin 2 years ago

    In September of 2016 Bitcoin was selling for $572 a token. Two years later that same coin is worth $8,423 at the time of this writing. That’s a substantial return of investment (ROI), and it’s hard to come up with anything else even remotely as lucrative, at least in the short term.
     
  2. Colibri
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    Colibri Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER

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    "it is predicted" "it is expected" "it is assumed"
    This is highly speculative. I'm assuming Nerayoff wants to create FOMO on ETH, which doesn't mean he is wrong. As we've seen with cryptos, NOBODY knows the outcome, it is very random.

    Also, I don't see how the increased number of projects on the platform is correlated to the ETH price valuation. 2017 has been huge for Ethereum in terms of ICOs, and yet ETH price keeps following the trends that the market imposes.

    Remember, just a few months ago Ethereum co-founder Vitalik said that "too many ICOs are hindering blockchain development" and "90% of ICOs will fail".
     
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  3. GoGetter24
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    GoGetter24 Silver Contributor Speedway Pass

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    Yeah note the sneaky passive tense. By whom, OP? Or you just here to pump?
     
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  4. Thoelk
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    Thoelk Artificial Psycho Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Predictions without a predictive model are assumptions...
     
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    really looks grim right now..hoping for a recovery
     
  6. arcola
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    arcola Bronze Contributor Speedway Pass

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    ETH is going to be worth as much as a beanie baby is worth by 2020. Its going to crash and burn this year I think....already on its way. I'm calling it.


    Bitcoin is going to be worth $100k in next 5 years.
     
  7. Coalission
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    Coalission Gold Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    You've called it before and it didn't quite pan out the way you said it would, so I'm guessing you'll just keep "calling it" until the end of time?

    The Landfill - I told y’all about crypto

    [​IMG]

    You also said Bitcoin will survive, but at $3-4k. Now all of a sudden it's $100,000 in 5 years?

    The Landfill - I told y’all about crypto
     
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    JScott Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Biafra, arcola and Strive like this.

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