Bitcoin & Ethereum Are Headed For $100,000 (but Thats Only Good News For Those Who Are In Today)
A year ago, it was as if the world had all but forgotten about Bitcoin. With the year-ago-to-date price of the virtual currency 77% lower than its May 27, 2017 closing price of $2086.71, it was only rival blockchain derivative Ethereum that was causing a stir. Ethereum, which debuted in August 2015, had notched up some 300% in gains since then and was being hailed as the next possible Bitcoin-style success story. But value networks are by nature expansive , and not just that, they overlap constantly with one another in terms of functionality, usability, focus and performance. So it wasnt long before Ethereums momentum generated waves all over the market. (For a special behind-the-scenes lookat Ethereum, go here .) In 2017 alone, Bitcoin has risen by118%, with about half those returns having been produced in the past calendar month period, while Ethereum is up 1950% in the Year-To-Date period, having gone up another 170% in the previous month. The recent gains representsome hefty windfalls, but it appears that the party may only just be warming up again for digital assets. Media pundits, once rather camera shy about professing anything other than a vague passing curiosity for all digital assets, have begun to reportthat Bitcoin may indeed actually reach as high as $10,000 before long . Others still maintain that $25,000 a Bitcoin is not impossible over the next 10 years. Those recent enthusiastic prophecies reflect the conclusion of a presentation I gave at the Meckler Media conference almost two years ago to the day, back when Bitcoin was in $300-territory (there is a YouTube video of that presentation here ). That presentation showed how by performing a series of calculations designed to interpret Bitcoins purchasing, speculative and investable value, the average 25-y Continue reading >>
Wall Street Strategist Tom Lee Still Confident Bitcoin Price Will Reach $25k In 2018
Wall Street Strategist Tom Lee Still Confident Bitcoin Price Will Reach $25K In 2018 Bitcoin prices could hit $25,000 this year, Fundstrat Global Advisors Tom Lee has repeated to mainstream media. Fundstrat Global Advisors cofounder Tom Lee repeated his bullish forecasts for the Bitcoin price Thursday April 12, telling CNBC it could reach $25,000 in eight months. Speaking in a telephone interview on the networks Futures Now segment, Lee, who is famously upbeat about the largest cryptocurrencys future, said the firm was confident about the prediction. We still feel pretty confident that bitcoin is a great risk-reward and we think it could reach $25,000 by the end of the year, he said. Lee was speaking after Bitcoin markets experienced a sudden surge from about $6,800 to over $8000, having subsequently held onto those gains today, April 13. As commentators and trading analysts spied the start of a potential bull run, Lee reiterated Bitcoin was oversold. Its pretty much what you saw at the end of the 2014 bear market, he continued. In March 2018, as BTC/USD circled multi-month lows , Lee unveiled his so-called Bitcoin Misery Index , a trading tip tool that he said shows when the time is right to buy Bitcoin en masse. This week not only Lee, but also investment mogul Tim Draper has reconfirmed his belief in Bitcoins bigger and better future, telling the audience at his own Blockchain event Thursday that $250,000 was his BTC price target by 2022. In January 2018, Lee had stated his prediction of $25,000 per Bitcoin by the end of the year, and put his 2022 Bitcoin price at $125,000. Continue reading >>
Cn Ethereum Also Reach $10,000 One Day? - Ethtrader
Everyone I've talked to says the same thing. That because ethereum has a higher supply than bitcoin that it is "impossible" for it to be worth any higher than $1000 for long, let alone ever reach $10,000. Naval Ravikant predicted that there will be a 1 trillion dollar blockchain with 4 years & Ethereum is a current front runner. Current market cap (edit: of all cryptocurrencies) is .334 trillion, so 1 trillion isn't exactly a bold prediction within 4 years. See edit. I thought you meant the entire cryptocurrency market cap when you said 1 trillion dollar blockchain. Look at it this way, the market has potential room for growth of about 35x to 60x current levels based on current market valuation and the value of markets cryptos attempt to overcome/override e.t.c. $480 ETH today could be worth $16,800 - $28,800 in time just based on that just by maintaining a near current share of the market as a whole as it continues to grow. I don't even know why people ask questions like this anymore... What's the point? Because of the dopamine rush they get when we say yes. Can eth reach $999920/9:$39/2???? Maybe one day yea??? Yeah. Jovan Mihailov predicted something similar. To be precise, 88k by the end of 2019. By the way, Jovan Mihailov is my grandfather, he lives in a village and the last time he has heard of technology making a breakthrough was when computers were invented. It used to be "impossible" for Bitcoin to hit 1k, the 3k, then 5k, then 10k. Eth is about +6000% over last year, which was "impossible" if you asked anyone then. It's impossable, that would make ETH worth more than [insert arbitray stock here] It's impossible, that would make anyone holding [insert arbitrary amount of ETH] a millionaire! Certainly there can't be tht many millionaires in the world. (there ac Continue reading >>
Ethereum To Be $5000-$10000 In 2018?
The value of all fiat currencies in the world is about $90T. If we assume crypto can get a meager 5% of that, that would be $4.5T. I think BTC and ETH are really the only serious coins so let's assume $500B goes to the competitors and BTC and ETH split the $4T. That gives us a $2T market cap for each. That would put ETH in the range of about $20,000 per coin. I don't think that $20,000 would be a hard cap but it is the point where ETH and BTC would be really on the world stage competing head to head with the other basket of fiat currencies so rather than +1000% type swings you would be looking at the more regular +/- 50% that we see in fiat. So simply put if you want spectacular returns you really need to get in now. If you want to speculate, however, a pull back to $100 or so per coin is certainly possible in the near term, crypto does not go up constantly, so if you are patient you might get some much cheaper. A good technique for that is dollar cost averaging. Put a fixed amount in ETH every month and don't touch it until at least 2020. Continue reading >>
Ethereum Price News: Will Cryptocurrency Ever Reach Wild Highs Of $100,000 Per Coin? | City & Business | Finance | Express.co.uk
Ripple price news: Why is ripple going down? Why is crypto falling? In that case, the market capitalisation would have the potential of reaching $100trillion (71trillion), leading us to believe the price of Ethereum might rise as high as $1,000,000 (716,870) per coin. However, the expert warned that price predictions should not be taken as gospel given the sporadic and often unpredictable nature of market prices. He went on: Given the sporadic and often unpredictable nature of cryptocurrency, many new traders turn to social media for answers. And its no wonder why: With the meteoric rise of cryptocurrency in the last two years, new investors are wondering if they can make massive returns and buy a castle in the San Francisco Bay Area. Compare crypto currencies (Ripple, Bitcoin, Ethereum, LiteCoin) on value, market cap and supply for the past year LiteCoin is going down with the market dip People tend to take price predictions as gospel and make poor decisions based on even the most tempered recommendations. A big topic of cryptocurrency speculation at present is the future of Ethereum (ETH). Will Ethereum ever reach $10,000 (7,168.70)? My answer is simple: I dont know, and Im not going to tell you that it will. But what I will tell you is how to figure this out for yourself by understanding market capitalisation. Mr Schuster explained that market capitalisation refers to the total value of a cryptocurrency and not just to the single price of one coin. He went on to describe that the current supply of Ethereum is estimated at 97million tokens. The expert declared: Market capitalisation goes a step beyond price to give more context to the total value of a cryptocurrency. Youve likely heard that Ethereum is worth many billions of dollars depending on the day. "The way to Continue reading >>
When Eth Hits $10,000 What Will You Do? : Ethtrader
Welcome to /r/EthTrader | Foundation Tip Jar | Rules | Policy | Mod Logs | Vote Tracking | News Timeline | Education | Comments RECDAO is a meta-community that seeks to provide Ethereum-based tools for improving how we use Reddit. Pre-register and then register your Reddit username on the Ethereum blockchain, vote in the dao, and be awarded community tokens based on your karma in community subs. Please see the FAQ for more details. TECHNICAL ANALYSIS FUNDAMENTAL ANALYSIS DISCUSSIONS DAPP DISCUSSIONS NEWS DAPP NEWS SCAMS WARNINGS TOKEN WARNINGS SECURITY RELEASE DAPP RELEASE EXCHANGES ADOPTION DAPP ADOPTION SENTIMENT STRATEGY METRICS MINING EDUCATIONAL MEDIA LEGACY DAPP ERC20 TOKEN AUGUR ALTETH ALTCOINS COMEDY SUPPORT TOOL You can correct inaccurate link-flair assignments by typing "[AutoMod]" along with the flair name in a top-level comment, e.g. [AutoMod] DAPP-NEWS. All flair names are capitalized, e.g. use [AutoMod] EXCHANGE instead of [AutoMod] Exchange. Two word flairs require a hyphen in between them. Requires 100 comment karma and 1-month account age. If this feature doesn't work, please message the modmail . Continue reading >>
Ethereum Price Analysis: The Future Looks Bright For Eth
Ethereum Price Analysis: The Future Looks Bright for ETH William M. Peaster on December 2, 2017 / 0 Comments Just how high can Ethereum go ? Thats the question were all asking ourselves as the number two cryptocurrency by market capitalization is vaulting to unprecedented all-time price highs in Q4 2017. And as it stands right now, it really looks as if Ethereum and its associate fuel Etherhave unlimited adoption potential in the decades ahead. Thats because if Bitcoins appeal is as digital gold, then Ethereums appeal should be as the crypto revolutions Microsoft 2.0. Thats because you can build a seemingly limitless number of utilities atop of Ethereum. To this end, civilization itself may be running atop Ethereum in a handful of years if the project can live up to is promise. With these theme in mind, lets dig a little deeper. To Ethereum enthusiasts, the so-called flippening is the day in which ETH overtakes Bitcoin as the crypto with the highest market cap. Essentially, then, the day in which ether becomes the #1 crypto. Could it happen? Without a crystal ball, no one knows for sure right now. But what is clear is that however much of a darkhorse any cryptocurrency is at the moment ETH is one of the best positioned cryptos to one day overtake BTC. To be clear, were not saying that will happen. But we are saying its possible. One crucial factor to consider is the politics of the cryptocurrency space. Bitcoin bills itself as a currency. This automatically puts it in a position to be in competition with governments who mint their own currencies. And as BTC continues to make traditional currencies more pointless, some governments may want to lash out and crackdown on accordingly. Whether these governments could succeed in hampering Bitcoin effectively is certainly up f Continue reading >>
Top 3 Ethereum Project Price Predictions For 2018
You might also like Litecoin Price Predictions 2018 I wrote this headline in June 2017, not sure if I should keep it when I will update the article next time. The price of an Ether should outperform that of a Bitcoin for the coming duration. What this means is that a dollar invested in Ether will return a higher ROI than investing the same dollar in Bitcoin. This indeed can be hard to believe in December 2017 when looking at Bitcoin price, but we all know that less than 4 weeks ago it was under $6,000. Most likely Bitcoin its being used by short term investors these days. In fact, the CEO of hedge fund Polychain Capital, Olaf Carlson-Wee, is of the opinion that the entire market capitalization of Ethereum will exceed that of Bitcoin by the end of this year. At least, thats his Ethereum price predictions for 2018. You can read here my BITCOIN PRICE Predictions for 2018 . There is plenty of evidence to support Olafs view. On the one hand, the previously mentioned 20-fold explosion of Ether in 4 months versus the 8.5 times growth of Bitcoin in a year and a half. Besides that, the fact that Bitcoin has lost almost half of its market share to Ethereum during the past four months. To put matters into perspective, four months ago, 90% of all money invested in cryptocurrency was invested into Bitcoin. Curiously, this number has dropped to somewhere around 45%. Conversely, Ethereums share of the total money invested has increased four times in size, making it approach the 30% area. Another indicator showing that Ether can overtake Bitcoin can be found by looking at whos backing each type of currency, as well as why they are backing said currency. Bitcoins focus on payment technology makes it popular with governments, such as Japans and Chinas governments. On the other hand, Eth Continue reading >>
Bitcoin Could 'easily' Reach $40,000 By The End Of 2018, Hedge Fund Legend Novogratz Says
Former Fortress hedge fund manager Michael Novogratz said Monday that bitcoin can multiply more than four times in roughly the next 13 months. "Bitcoin could be at $40,000 at the end of 2018. It easily could," Michael Novogratz said Monday on CNBC's " Fast Money ." " Ethereum , which I think just touched $500 or is getting close, could be triple where it is as well." Bitcoin was trading near $9,656 late Monday afternoon, after hitting a record high above $9,700 earlier in the day, according to CoinDesk. Ethereum hit a record high of $493.40 Monday, according to CoinMarketCap, and last traded near $482. The total market capitalization of all digital coins on CoinMarketCap hit $304 billion Monday. Novogratz said he expects that could increase by about six times to $2 trillion at the end of next year. Market capitalization of all digital coins (year to date change) "There's a big wave of money coming, not just here but all around the world," said Novogratz, formerly a macro hedge fund manager at Fortress Investment Group. He is planning to launch a $500 million digital assets fund through his new firm, Galaxy Investment Partners. Demand from Asia has contributed to bitcoin's gains. Japanese yen trading in bitcoin dominates trading volume at about 62 percent, according to CryptoCompare. U.S. dollar-bitcoin trading accounts for about 21 percent, and trading in South Korean won accounts for about 9 percent. "What's different about these coins than other commodities ... there is no supply response here," Novogratz said. "So it's a speculator's dream in that as buying happens there's no new supply response that comes up. So every price move gets exaggerated. It's going to get exaggerated on the way up. There will be 50 percent corrections. It will get exaggerated on the way do Continue reading >>
How High Will Ethereum Go?
How High Will Ethereum Go? Will Ethereum Reach the Price of Bitcoin? Ethereum has been one of the top-performing cryptocurrencies in the world since early 2017, some say the price per Ether is going to surpass Bitcoin by 2018/2019. The rise of Ether is still at its beginning. It is not anywhere close to its potential yet. What do you think? How high will Ethereum go? Will Ether reach the price of Bitcoin by 2018? Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. The opinions expressed in this article are the personal opinions of the author at the time of publication. Ethereum definitely has a huge potential to go beyond Bitcoin in terms of their market cap. The number of transaction on the Ethereum blockchain has spiked since the announcement on the Enterprise Ethereum Alliance (EEA) that connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. Institutions like Microsoft and JPMorgan have pledged their support to the development of Ethereum through the formation of the Enterprise Ethereum Alliance . The purpose of the alliance is to ensure the potential of Ethereum is realized across industries. The formation of the Enterprise Ethereum Alliance (EEA) in February helped spark Ethereums parabolic rise. The 116 EEA members include such giants as Toyota Motor Corp. (NYSE ADR: TM), JPMorgan Chase & Co. (NYSE: JPM), and Intel Corp. (Nasdaq: INTC). Although many organizations are invested in leveraging Ethereum to serve as a basis for privatized versions, the overarching goal is that one day, each institutions private networks will be connected to the global Ethereum blockchain. This will establish a new universal benchmark for information trans Continue reading >>
2018 Ethereum Price Prediction & Analysis With Index Upwards! Eth /usd E-money Chat
After reaching a record of $ 881.90 on December 19 Ethereum (ETH) experienced a fall reaching the lowest price of the last 7 days reaching $ 547.39 on December 22. However, since then it has reported a growth in value and with strong indications to surpass $ 900 in the next week. The current price is $ 769.14 USD with an increase in the last 24 hours of (16.89%) at the time of writing this analysis. From a technical point of view the Ethereum is an attractive cryptocurrency because its transactions are fast and the commissions are low compared to the BTC commissions. This undoubtedly offers an advantage when investing, in fact many users prefer to invest in Ethereum that in BTC when using an Exhange such as Bitfinex since the commission is smaller and the transaction speed for deposits is much faster. Many rumors suggest that lately after the latest Bitcoin Ups and Downs a lot of people turned to ETH considering it a safer investment. 2018 Predictions and Forecast of long-term investments in Ethereum The possibility that it is worth a long-term investment in Ethereum is high. As soon as ETH reaches the $ 1000 landmark, there can be an exponential growth of this cryptocurrency. Many of the investors who buy at the moment will probably sell when ETH price will reach $ 1,000 to make quick money. The temptation will be very high and many will fall for it. The most optimistic predictions suggest that ETH will reach the $1.000 landmark in June 2018 and shortly after ETH price will drop by 20% for a short period. WalletInvestor.com ETH Price Predictions for 2018 The future is to be seen, but the forecasts are quite optimistic and it seems that if there is a cryptocurrency destined to reign after Bitcoin that is Ethereum . If you ask me, the price of a single Ethereum can go e Continue reading >>
Ethereum And Bitcoin Prediction: What Are Experts Saying About Price?
Ethereum And Bitcoin Prediction: What Are Experts Saying About Price? Bitcoin prediction is undoubtedly proving particularly challenging, owing to the fluctuating nature of the cryptocurrency. But the performance of Bitcoin in 2017 has been nothing short of sensational, following its massive increase in value. Ethereum is the next cab off the rank, considered the second largest cryptocurrency in the world, and one with huge potential for growth. So what do experts make of the future direction of Bitcoin and Ethereum? Certainly some experts make the Bitcoin prediction that the cryptocurrency has huge potential for further growth in the coming years. Those who are enthusiastic about the concept of the digital payment system believe that it will inevitably reach new heights due to its finite nature. Only 21 billion Bitcoins can ever be produced, and this figure is rapidly approaching. This prompted Mike Dumont, a senior editor for Bitcoin.com, to make the Bitcoin prediction that the cryptocurrency will reach a value of $60,000 by this time next year. This would be an approximate four-fold increase based on the current value. Medicalchain COO Mohammed Tayeb offered a similar Bitcoin prediction. Bitcoin could reach $50,000 by this time next year, if not more. I think all of us are less and less surprised by the headlines that are coming out nearly monthly about the breakthrough Bitcoin is making and it should come as no surprise when it does reach $50,000, Tayeb commented, in an interview with Futurism. Jeremy Epstein, the CEO of blockchain startups marketing firm Never Stop Marketing, is also extremely optimistic about the future of Bitcoin, indicating that the crypto coin could reach a value of $250,000 in the next five years. However, even this individual with a massive Continue reading >>
Ethereum Will Worth $10000
If you follow the uptrend from Ethereum chart from January 2017 till now, you will see that ethereum as done nothing less than x110 of its current value as at 1st February 2017. However, should ethereum repeat this feet in 2018 then it will be $132000/eth in twenty 2019. If continue this uptrend in 2018 of which as started already and return another x109.091 by January, 2019. Price/ETH will be $132000/ETH. I think if happened last year, it can happen this year, buy at least 1 ethereum and hold. I think, if the ICO lasts hot of the market, so the ETH reached us $10000 is possible, but please note that all countries intend to regulatory ICO, so ETH may appear sharp price decline. Calls powered by cryptocurrencies It's possible but I think for this year ETH will hit $5k only. STEALTH CRYPTO - QUANTUM MESH NETWORK|STEALTH GRID - QUANTUM CYBER SECURITY Pre-Token Sale Open Now!Only until February 18, 2018 Your computation is on point. A lot has been switching to eth from btc due to lower fees. I have eth and I will hold Quote from: Queen12 on January 13, 2018, 05:06:34 AM I think, if the ICO lasts hot of the market, so the ETH reached us $10000 is possible, but please note that all countries intend to regulatory ICO, so ETH may appear sharp price decline. In crypto uptrend and downtrend is not a bad thing but the coin potential and development team behind is the real deal. If dev team is solid and hardworking of which they are as ethereum is concerned so price will go up after correction. As per ICO regulations, I think this has nothing serious as per eth price going up or down. Country are trying to curb the activities of money laundering, terrorist and so on. So they only ask for KYC for proper identification of investors/trader Quote from: kanmo on January 13, 2018, 05:46 Continue reading >>
Ethereum To Be $5000-$10000 In 2018?
So I made a prediction on Litecoin a few days ago that sparked a lot of conversation on the thread. It was very interesting reading the different thought processes and predictions. So I decided to do the same for Ethereum, however, I think that Ethereum has a chance to go beyond the 2-5k threshold in 2018, if only they would market a bit better. I believe that they need to get these new "coinbase noobies" to understand what Ethereum is and why it's significant if they want to stand a chance of getting above that threshold in 2018. As always this is just my opinion and I would love to hear what yours is, check out my full thoughts in the video : Ethereum is solid and will rise in price without question. But how much and how rapidly it will rise nobody can really know or accurately predict. Ethereum has a lot of competition these days and I'm sure will have many more in the near and distant future. INTENSE COIN (BLOCKCHAIN BACKED P2P VPN Whitepaper (I might not say $10,000 in 12months time but I certainly know that ethereum is the coin to watch and invest on. I think the reason ethereum is gaining this prominence lately is majorly because icos are having it as an alternative to bitcoin . Quote from: Goosebump on December 15, 2017, 07:41:20 PM So I made a prediction on Litecoin a few days ago that sparked a lot of conversation on the thread. It was very interesting reading the different thought processes and predictions. So I decided to do the same for Ethereum, however, I think that Ethereum has a chance to go beyond the 2-5k threshold in 2018, if only they would market a bit better. I believe that they need to get these new "coinbase noobies" to understand what Ethereum is and why it's significant if they want to stand a chance of getting above that threshold in 2018. A Continue reading >>
Can Ethereum Reach $6000 By The End Of 2018? - Quora
Can Ethereum reach $6000 by the end of 2018? Over $20,000 in your IRA or 401k? Here's how to move to Bitcoin. Open a Bitcoin IRA now for massive growth potential on a tax-deferred basis. Get a free info guide now. First, I own ETH and other crypto-currencies. Crypto currencies market is growing fast and is highly unpredictable. However, some facts make me believe it could: Lets do maths: 1 ETH can be bought tight now for 470$. To reach 6k, you have to multiply this value by nearly 12.75x, an increase of over 1000%! Now lets go back 1 year before the increase since 11/27/16 is 5166%. I agree that the amount of money required to re iterate this performance is huge but Big money incoming: btc futures are starting on dec 11th, eth futures will follow, bringing big money as CONFIDENCE in cryptos is increasing. ETH, unless BTC, is most sophisticated and could takes the lead in case of unsolvable problems on BTC (Im thinking about scalability problems, on txn fees aspect, but also in power requirement to mine, where ETH is working on Proof of Stake, (currently 0.13% of global electricity - google uses 0.01 to 0.02%)). FEATURES are still in development and we can expect a fully working ETH in 3/5 years, which will dramatically increase its value. ADOPTION and also AWARENESS also, is still low. And use cases are still very rare in everydays life. This a room for growth. Consider yourself as a early adopter, for real. These are pro that make me believe its not impossible. BTC will reach 10k soon and started under a cent. This is hard to believe but this is whats happening here. Now the cons, because Im totally aware that it can drop at any time, and I can list a few reasons here: Most of the market today is pure SPECULATION, I know whales and its a 100% profit mentality. Money w Continue reading >>