Do you think Ethereum could break $1000 as well? - page 16.

Rastanan

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Quote from: Frost on March 17, 2017, 04:12:10 PM

Quote from: cryptogasm on March 17, 2017, 03:57:29 PM

Quote from: Frost on March 17, 2017, 11:42:35 AM

Recently I came to the conclusion that we might at least hit $200 at some point.

Can you share your thoughts? Any facts/analysis backing your statement? Any technical analysis?

I based that on Ethereum supply compared to Bitcoin price and Bitcoin supply. But all those interesting usecases of Ethereum might even increase the price further. Not to mention POS and stuff like that. So, I think $200 is do-able when the time has come, and it will probably be much more than that and totally unexpected for us all. I wouldn't even wonder if it goes $500. But I personally bet on $200 by the end of the year.

I think PoS only is bad for the coin. Most PoS coins are not rising in prices.

Frost

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Quote from: cryptogasm on March 17, 2017, 03:57:29 PM

Quote from: Frost on March 17, 2017, 11:42:35 AM

Recently I came to the conclusion that we might at least hit $200 at some point.

Can you share your thoughts? Any facts/analysis backing your statement? Any technical analysis?

I based that on Ethereum supply compared to Bitcoin price and Bitcoin supply. But all those interesting usecases of Ethereum might even increase the price further. Not to mention POS and stuff like that. So, I think $200 is do-able when the time has come, and it will probably be much more than that and totally unexpected for us all. I wouldn't even wonder if it goes $500. But I personally bet on $200 by the end of the year.

cryptogasm

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Quote from: Frost on March 17, 2017, 11:42:35 AM

Recently I came to the conclusion that we might at least hit $200 at some point.

Can you share your thoughts? Any facts/analysis backing your statement? Any technical analysis?

mankeen

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I think eth will rise between $100 - $200 this year

Frost

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Recently I came to the conclusion that we might at least hit $200 at some point.

xtyling

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It can reach $100 but $1000 is impossible because ether is not used as a currency for payment like monero or bitcoin

Geekphazm

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Quote from: Neotox on March 14, 2017, 09:04:04 AM

Quote from: Geekphazm on March 14, 2017, 08:45:26 AM

Impossible, Eth has 89 million total supply, if ETH is 1000 usd, it surpasses bitcoin's current market cap. But if Bitcoin is 20000 usd, eth may be 1000 usd, namely 0.05 btc, expensive enough right?

Even bitcoin trade at $20000 I don't think ETH will $1000 because its another pump and dump altcoin developed with purpose of cryptotrading nothing else.As price of bitcoin increase most altcoins will die or dumped hard including ETH.

I agree with you sir, 0.05 btc per eth is too expensive, impossible to be that, to be honest, 0.037 btc ATH is tough for ETH again, hard fork toys is not immutable.

BitcoinHodler

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Quote from: Calydon on March 14, 2017, 08:25:20 AM

I hope ETH will break $1000

we are all hoping that simply because we want to dump it fast and at higher prices to get our money out before it is too late. but because of this and also because of the fact that whales want to take their money out, we will never see big prices. not even higher than $50! the whales are already cashing out and even if there is another wave of pumps it will go up to 0.03 which is only high price ($37) because bitcoin is worth a lot more.

Neotox

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Quote from: Geekphazm on March 14, 2017, 08:45:26 AM

Impossible, Eth has 89 million total supply, if ETH is 1000 usd, it surpasses bitcoin's current market cap. But if Bitcoin is 20000 usd, eth may be 1000 usd, namely 0.05 btc, expensive enough right?

Even bitcoin trade at $20000 I don't think ETH will $1000 because its another pump and dump altcoin developed with purpose of cryptotrading nothing else.As price of bitcoin increase most altcoins will die or dumped hard including ETH.

Geekphazm

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Impossible, Eth has 89 million total supply, if ETH is 1000 usd, it surpasses bitcoin's current market cap. But if Bitcoin is 20000 usd, eth may be 1000 usd, namely 0.05 btc, expensive enough right?

Calydon

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I hope ETH will break $1000

Adelajda

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Quote from: ImHash on March 06, 2017, 08:51:19 AM

If ETH leaps that high then I can for sure buy a penthouse Cheesy

Good luck buying a penthouse .You really cannot compare the two and so in order for the Ethereum to reach $1000 it will take a huge number of years as there are nothing special about that coin apart from being used as a contract and if at all the other coins that pushes the value further might pose a challenge to bitcoin might not happen unless something terrible happens for bitcoin and if so every alt coin will be hurt in the long term.

JeffBrad12

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Quote from: Frost on March 06, 2017, 08:21:56 AM

What's your opinion, will Ethereum reach $1000 some day?

It's a ridiculous statement. I will not expect a lot about the future of there but it looks like they will always increase soon. I think $100 is the irrational decimal for us. $1000 is very optimism speculation.

cryptogasm

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Well, though this is a very optimistic price, for ETH to reach a $1000 reality, the market cap needs to be at least somewhere around 18-20 billion dollars. If that is the case, Bitcoin market cap needs to be around 150- 200 billion dollars. With such a market cap we can expect BTC to be anywhere above 10K-15K USD. It will be an interesting year for Ethereum considering the transition to PoS sometime later this year.

francism

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I highly doubt it will hit $1000, it's like overthrowing bitcon as the #1 crypto currency.

oaks05

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$1000 not quite can see it hitting $100 at some point like others have said too many Ethereum in existance

Rastanan

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Quote from: audaciousbeing on March 06, 2017, 12:31:04 PM

Quote from: Frost on March 06, 2017, 08:21:56 AM

What's your opinion, will Ethereum reach $1000 some day?

Some day is no specific day whatsoever which could either be tomorrow or even the next ten years but the issue is every alt created wanted to pass that mark in the envy of bitcoin but bitcoin itself didnt get there in one day and as history would have it, bitcoin was as low as few dollars before becoming what it is today in which ETH didnt even go that low. Whether ETH will get there or not, is for the future to decide and large still falls on the developers whether they wanted it or not...

The price of Ethereum is already over $25. I think it will rise again in the future.

audaciousbeing

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Quote from: Frost on March 06, 2017, 08:21:56 AM

What's your opinion, will Ethereum reach $1000 some day?

Some day is no specific day whatsoever which could either be tomorrow or even the next ten years but the issue is every alt created wanted to pass that mark in the envy of bitcoin but bitcoin itself didnt get there in one day and as history would have it, bitcoin was as low as few dollars before becoming what it is today in which ETH didnt even go that low. Whether ETH will get there or not, is for the future to decide and large still falls on the developers whether they wanted it or not...

Rastanan

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Quote from: DevelopFI on March 06, 2017, 11:09:36 AM

It could. But it probably wont. It would have higher marketcap than BTC with almost no use. Bitcoin has a lot of merchants behind it and has been in a public eye for a long time. Any other coin will struggle to gather any kind of popularity for the forseeable future.

It will take many more years for the Ethereum price to be $1000 or higher.

DevelopFI

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It could. But it probably wont. It would have higher marketcap than BTC with almost no use. Bitcoin has a lot of merchants behind it and has been in a public eye for a long time. Any other coin will struggle to gather any kind of popularity for the forseeable future.

Topic: Do you think Ethereum could break $1000 as well? - page 16. (Read 27255 times)