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Topic: Is ETH overpriced? - page 7. (Read 2170 times)

full member
Activity: 238
Merit: 113
January 10, 2021, 06:24:49 PM
#72
Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.
I don't quite agree with you, I think the price of Ether is not overpriced now, but in early 2018 it was overpriced
full member
Activity: 1204
Merit: 162
January 10, 2021, 03:29:11 PM
#71
no, ethereum price will grow higher mate, thats why the price at this moment isn't overpriced
even in my predictions ethereum price will grow and touch about $3000 in this year
This price range for ETH is same like 20k range for BTC. Here is a big resistance. When we successfully break this barrier the price of 2k will be very real. And from that it can go much higher depends of the global situation in the market.
sr. member
Activity: 1176
Merit: 252
Futurov
January 10, 2021, 03:26:24 PM
#70
even some people predict ethereum price can grow and touch about $5000 and i believe that, but maybe not in the near time
thats why now the price of ehereum is not averpriced
sr. member
Activity: 1092
Merit: 250
January 10, 2021, 02:53:28 PM
#69
no, ethereum price will grow higher mate, thats why the price at this moment isn't overpriced
even in my predictions ethereum price will grow and touch about $3000 in this year
full member
Activity: 854
Merit: 102
January 10, 2021, 02:38:16 PM
#68
Ethereum's native token (ETH) is on a constant uptrend in price as Bitcoin soars towards new ATHs. The "De-Fi" hype has been the major driving factor for ETH's recent price boost. High network load and high market prices, translates in ridiculously high fees to the end user making "De-Fi" impractical on the Ethereum blockchain. Yet, people continue to buy and "hodl" ETH like there's no tomorrow.

What I can't understand is how ETH has a high price when there's no hard cap established by the developers yet. ETH has an inflationary model where new coins are generated over time. It never hits the ceiling in terms of max supply. This should make ETH less valuable over time. But that's not the case, as ETH sits well above $600 per coin. Am I missing something here? Why is ETH much more expensive than Litecoin? I mean, Litecoin has a deflationary model (unlike Ethereum) with a hard cap of 84 million coins. If we base ourselves on this, Litecoin should've been worth a lot more than Ethereum today.

Thoughts? Huh

The investor's interest in Ethereum is greater than that of Litecoin. Even though Ethereum does not have a supply limit, the smart contracts owned by Ethereum are a very powerful mainstay to increase investor interest. The Ethereum smart contract also has a great opportunity to increase the price of Ether, because the investment in the token goes through the Ethereum smart contract. The issue of the emergence of Ether2 can also change one's mindset towards Ether.
sr. member
Activity: 1176
Merit: 252
January 10, 2021, 01:21:54 PM
#67
How to determine the value of cryptocurrencies in general? Especially considering the aspect that all altcoins are somehow dependent on bitcoin.
Thus, they do not have their own value as it should be, their entire value is dependence on bitcoin, which means that all altcoins are overvalued to one degree or another.


Mostly the price of all altcoin including ETH was depend on the value of the bitcoin.When the price of bitcoin had reduced same will reflect on the price of EThereum,litecoin,Ripple and most of the altcoin in the market.So the price of bitcoin will determine the price of other altcoin.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
January 10, 2021, 12:38:55 PM
#66
How to determine the value of cryptocurrencies in general? Especially considering the aspect that all altcoins are somehow dependent on bitcoin.
Thus, they do not have their own value as it should be, their entire value is dependence on bitcoin, which means that all altcoins are overvalued to one degree or another.
The cost of cryptocurrencies is determined by the number of users, demand and application of these currencies in practice in life.
Governments print massive amounts of money, driving up inflation. This cannot last long, so the fleeting financial system will die.
There is no need to look at all the coins, conduct an analysis and choose the most useful ones for the future development of the economy.
full member
Activity: 1060
Merit: 103
January 10, 2021, 12:16:39 PM
#65
When you are paying 10s of dollars just to use a dex or a gaming dapp, you know the price of ethereum is overpriced. If I have a coin that's valued at $20 in total, I'd be losing more than that value if I wanted to exchange that ERC20 token to ehteruem. It's not a large problem with bitcoin as it's already being used as a manipulative coin and has no real use case but ethereum powers thousands of dex and dapps, such high fees on ethereum would practically freeze their operations.
sr. member
Activity: 656
Merit: 251
www.fintropy.io
January 10, 2021, 12:03:18 PM
#64
How to determine the value of cryptocurrencies in general? Especially considering the aspect that all altcoins are somehow dependent on bitcoin.
Thus, they do not have their own value as it should be, their entire value is dependence on bitcoin, which means that all altcoins are overvalued to one degree or another.
full member
Activity: 1638
Merit: 122
January 09, 2021, 03:16:20 PM
#63
Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.
I beg to disagree buddy. We cannot really say if the value of a particular coin is overpriced or not because the value of the coins always depends on how good or bad the movements or circulation. It is just like the real currency, if the economy goes down also the currency value goes down. It means that we have a great economy right now in crypto which is why eth, btc and most of the coins are going up.
Actually it's based on how individual sees it, as long as the coin is legit, it's price could rise more and we never know if it's undervalued or overvalued since it has a fix supply with a possible changes in demand. So for ETH now, price has increased, it could be undervalued or overvalued, both are right as it depends on a lot of factors.
yes it depends on the individual because if you are poor you will say that it was over priced but if you are rich you will say that it wasnt really over priced but eth supply isnt fix because its supply is unkown .  

they only have an estimation of its supply around a hundred million and i think that was alot and if supply is high the coins price wont grow verry huge  .
 
eth being overpriced can both an issue and a contentment depending on what status you have , if your rich or poor  . im poor but i like this price of eth better
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
January 09, 2021, 02:19:44 PM
#62
Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.
I am not agree with this speculation or you said ETH as overpriced. You can not believe where this eth will go in near future when the alt season will fully start. The pump what was happened is just following the btc trend. So the real drama is front of us. Just keep sometime to btc and wait to see it stable. Then alt season will start to be more bullish.
full member
Activity: 518
Merit: 185
January 09, 2021, 02:00:57 PM
#61
I think the price is high for now. Because within a short time, the price increased very much. I think the price must drop a little to buy.
full member
Activity: 461
Merit: 100
January 09, 2021, 01:26:57 AM
#60
Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.
I beg to disagree buddy. We cannot really say if the value of a particular coin is overpriced or not because the value of the coins always depends on how good or bad the movements or circulation. It is just like the real currency, if the economy goes down also the currency value goes down. It means that we have a great economy right now in crypto which is why eth, btc and most of the coins are going up.
member
Activity: 392
Merit: 10
January 09, 2021, 01:45:18 PM
#60
It seems to me that Ethereum is now more justifying its higher cost than before. Many buy now for the future so the price is too high and will justify itself only after a while...
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
January 09, 2021, 01:34:46 AM
#59
Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.
I beg to disagree buddy. We cannot really say if the value of a particular coin is overpriced or not because the value of the coins always depends on how good or bad the movements or circulation. It is just like the real currency, if the economy goes down also the currency value goes down. It means that we have a great economy right now in crypto which is why eth, btc and most of the coins are going up.
Actually it's based on how individual sees it, as long as the coin is legit, it's price could rise more and we never know if it's undervalued or overvalued since it has a fix supply with a possible changes in demand. So for ETH now, price has increased, it could be undervalued or overvalued, both are right as it depends on a lot of factors.
hero member
Activity: 2282
Merit: 505
January 09, 2021, 01:26:01 AM
#58
Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.
It should be around 1k and it must be that consider the total supply of ethereum is not yet determined and the congestion that's always happening on its blockchain is really annoying for ethereum chain users,
People should have paid more than $10 to send some coins that worth less than it.
You can imagine and how frustate the little shrimp to use ethereum blockchain.
jr. member
Activity: 156
Merit: 4
Trade and stake Ethereum assets on TRON
January 09, 2021, 01:09:17 AM
#57
Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.
member
Activity: 2044
Merit: 16
January 09, 2021, 12:57:09 AM
#56
ETH deserves more price in the market as it's mostly used blockchain right now on DeFi, NFTs and provided also creation of smart contracts. The gas issues was already a problem nonetheless project still uses it because it's the more adoption towards smart contract projects and that gas issues will be solve if the eth 2.0 will be fully implemented soon.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
January 08, 2021, 11:15:56 PM
#55
Nothing definite can be said about this. Ethereum was previously priced at $ 1,500, was it overvalued then? Then it dropped to $ 100. Was he underestimated then?
All these are rhetorical questions because the price is formed due to supply and demand and due to the movement of bitcoin.
Kinda true, there's just no right price for alts but instead how much people willing to pay for an alts at certain price point,
many people uses ETH in turn it priced quite high.
It's all demand and supply within market however if the price is kinda off 100% from its normal price because of pump or dump we could easily say it's overpriced or underpriced it's all relative to each people.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
January 08, 2021, 10:21:01 PM
#54
No Not at all. Ethereum has a huge potential to rise further but I agree maximum supply is the concern for some people. Ltc is also a high potential coins but it should not be compare with Ethereum as Ethereum is the most demand-able coin because majority of the new projects uses ERC 20 platform to launch their new coins. They raise money in Ethereum that's the reason Ethereum is more demanding and high value than Litecoin.
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