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Topic: Can ETH reach $5k in this up cycle ? - page 8. (Read 2348 times)

legendary
Activity: 3346
Merit: 1203
March 01, 2020, 06:56:41 PM
Depends of what Bitcoin can achieve in price right ? Because we know that Ethereum kinda depends on Bitcoin like any other cryptos even if they're no likely at all almost. Ethereum will have his shining moment again when bull run will begin and for me 5k$ could be an achievable price but we never know so all we can do is to speculate and hope the price will be higher than the previous cycle.
full member
Activity: 994
Merit: 101
March 01, 2020, 05:46:54 PM
What do you guys think ? I discuss some reasons why it might here : https://youtu.be/8Rg-CM2s7Q0

Nothing is impossible but now it's a quite ambition thought i think. ETH is really good alt coin but expecting $5k is big thing. Many of people saying this is a ETH year. Well they have point for that though. ETH have massive community and because of that this token growing every day. There is huge possibility that this token will be bump in upcoming halving. And my opinion it'll be go around $2k.
sr. member
Activity: 1176
Merit: 265
March 01, 2020, 03:38:26 PM
I think that 5000USD in the future is not a prediction but just prayer to happen. For me it seems impossible when now Ethereum is traded for 200USD, with better fundamentals than anytime before. Plus you have to realize that Ethereum has pretty high inflation rate and people will start selling their earned Ethers from a staking program.
full member
Activity: 1106
Merit: 103
♦♣♥♠
March 01, 2020, 02:35:33 PM
There was great doubt about the belief that ETH would rise above ~ $ 15 in 2017. As it turned out later, the doubts were false. Who knows, maybe this year there will be a similar pump
full member
Activity: 1540
Merit: 219
March 01, 2020, 08:12:15 AM
It it would depend on the market situation, still. If the price would consistently increase, ofcourse there is a huge chance that such market value will be reached. But first, what could trigger such increase? In Bitcoin, there's Bitcoin halving which is being anticipated to cause an uprise. If this would also be the only basis, I think it won't be possible. There is no certainty that its market value will be hundred percent aligned to the market price of Bitcoin. I mean on the past uprise of its price, there is somewhat a parallelism, but there should be more than that given that a market value of $5,000 is far from the 'reality'.
In my opinion, it's hard if the ETH price reaches $ 5k. indeed lately ETH prices continue to experience a good price increase in the market. however, the price increase might only reach $ 500 this year. this is in my estimation.
Well, this is a realistic estimation and way better than other's speculation that it would be a two-time higher than its ATH. But it could be higher, not that far from its all time high, there could be an increase this year due to the halving which could affevt other cryptos market price including ethereum which is believed to be next to Bitcoin.
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
March 01, 2020, 08:02:27 AM
What do you guys think ? I discuss some reasons why it might here : https://youtu.be/8Rg-CM2s7Q0

The possibility of ethereum reaching 5 thousand doesn't seem likely within the next two years.  I mean even during the massive bull it didn't reach 2k and with what seems to be everlasting crypto winter and even Bitcoin struggling I don't see it happening in the near future. I think most would be happy to see 500$ again.
member
Activity: 1274
Merit: 12
March 01, 2020, 07:56:16 AM
In my opinion, it's hard if the ETH price reaches $ 5k. indeed lately ETH prices continue to experience a good price increase in the market. however, the price increase might only reach $ 500 this year. this is in my estimation.
sr. member
Activity: 1988
Merit: 453
March 01, 2020, 07:23:54 AM
#99
To tell the truth, it is surprising to me that Ethereum has remained as the no.2 cryptocurrency and the top altcoin for so long. Ever since its ICO in 2014, Ethereum managed to build a loyal userbase for itself. But for the past couple of years, the development has taken a back seat. The developers are making no effort to make ETH a better cryptocurrency.
hero member
Activity: 3052
Merit: 606
March 01, 2020, 06:49:52 AM
#98
I think it's not likely to reach that high, people now are more clever, they certainly learn from the past big FOMO so at the current price of sub $200 now, I even think that it would struggle to reach a new ATH, my highest prediction would be x10 of the current price, so it's only $2,000, but like I said, it will struggle, unless people are getting caught by big FOMO again.
legendary
Activity: 2338
Merit: 1354
March 01, 2020, 06:31:42 AM
#97
I wonder if it can reach 500$ very easy. Why do you think that way! its a daydream in my opinion. BTC needs to reach at least 50k for ETH to reach 5K. Why I think that is every market reacts with BTC move. So if BTC can cross its limits I think then other cryptos like ETH also can.
It's easy to reach once we break the $300 price of ethereum.
Also, for sure Bitcoin will first to move higher, like breaking the previous all-time-high of Bitcoin then for sure we can see above $500 on Ethereum. Especially if the Ethereum 2.0 or the Proof of Stake mechanism on Ethereum will become available.
full member
Activity: 1148
Merit: 101
March 01, 2020, 06:03:02 AM
#96
I wonder if it can reach 500$ very easy. Why do you think that way! its a daydream in my opinion. BTC needs to reach at least 50k for ETH to reach 5K. Why I think that is every market reacts with BTC move. So if BTC can cross its limits I think then other cryptos like ETH also can.
Obviously, because Ethereum has never experienced an increase in prices on its own, Ethereum will always move up if Bitcoin is always moving upwards, and to reach $ 5K for an Ethereum will be very difficult even though it could happen for a long time.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
March 01, 2020, 05:52:21 AM
#95
I think that there will not be a day when Ethereum will cost 5 thousand dollars. just think what kind of capitalization ETH should have for the price can reach 5 thousand dollars. in the financial industry, this is simply not possible. turn on the logic before asking
member
Activity: 728
Merit: 19
KUWA.ai
March 01, 2020, 04:27:13 AM
#94
I wonder if it can reach 500$ very easy. Why do you think that way! its a daydream in my opinion. BTC needs to reach at least 50k for ETH to reach 5K. Why I think that is every market reacts with BTC move. So if BTC can cross its limits I think then other cryptos like ETH also can.
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
March 01, 2020, 04:05:45 AM
#93
What do you guys think ? I discuss some reasons why it might here : https://youtu.be/8Rg-CM2s7Q0
I dont think ethereum will rich that kind of price. It really depends on the supply and demand of the consumer. There is a possibility for it to rise up like that. If the bitcoin halving happens and the effect of it happens, there is a chance that almost all of the altcoins out there will rise its price again.
hero member
Activity: 3010
Merit: 629
March 01, 2020, 03:55:22 AM
#92
5k is like a dream number and i am sure many eth holders and supporters will become really rich if it grows that much, i am personally trying to accumulate as much as i can before it really takes off, i do hold some but i want more and more.
Its good to hear eth might reach $5k, but is this possible? Yes but not in this current especially now that we are experiencing correction and the price of eth is decreasing slowly.

Instead of $5k I am looking forward for the price to reach $500 year. Its an acceptable growth for us to sell since we've been waiting for an improvement for years already.
member
Activity: 489
Merit: 16
www.cd3d.app
March 01, 2020, 02:12:46 AM
#91
I think it is not possible to reach $5k for ethereum coin. With this current crypto market, all we expect for ethereum is too reach $300 and above, however some of investors expects too much for ethereum to reach that target price, but it could be possible in the next five years if ethereum would developed.
full member
Activity: 1582
Merit: 101
March 01, 2020, 02:04:56 AM
#90
What do you guys think ? I discuss some reasons why it might here : https://youtu.be/8Rg-CM2s7Q0

I think this is very risky thinking at this moment. Every was expected ETH will hit atleast $500 in this market but it stopped $280 and not  $225. So how we think that ETH will hit $5k!! Come on reality and be practical.

Good day.
full member
Activity: 826
Merit: 100
March 01, 2020, 02:00:03 AM
#89
5k is like a dream number and i am sure many eth holders and supporters will become really rich if it grows that much, i am personally trying to accumulate as much as i can before it really takes off, i do hold some but i want more and more.
Yes, and actually it's not an impossible thing to happen in the crypto world, it's just that to grow to $ 5k requires a lot of time and more development that must be done by the ETH developer itself, because someone's trust in buying ETH must also be increased through the development of new features.
sr. member
Activity: 1176
Merit: 301
March 01, 2020, 01:19:59 AM
#88
$5K is so high for it to reach I think it would take soblong before it goes that far,
It couldn't even reach $1K right now so $5K is still a dream right now.
Even the ATH of ETH is too far from $5K  so I think it is still impossible to reach.
sr. member
Activity: 479
Merit: 250
https://streamies.io/
February 29, 2020, 09:12:20 PM
#87
5k is like a dream number and i am sure many eth holders and supporters will become really rich if it grows that much, i am personally trying to accumulate as much as i can before it really takes off, i do hold some but i want more and more.
It is not a dream, it is still possible for ethereum to reach $5k

However, this time is still the right time. Maybe in the next bull run or in the next following years since ethereum is showing difficulty to increase its value as of the moment.
You should look at the facts and do not rush to draw conclusions because this market is very volatile and ethereum is still not the best option for you to invest in this time. I think instead of $5000, you should only predict this coin at $500 because this is the minimum price that needs to be achieved this year. Crypto market is not really good and it will probably take many years for this coin to reach new ATH.
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