Ethereum Price Could Hit 'near Zero'founder Vitalik Buterin | Fortune
Vitalik Buterin (@VitalikButerin) February 17, 2018 Buterin isnt kidding about the volatility. One Ether coin was worth around $13 a year ago but currently costs $950. In the last couple months alone, its gone as high as $1,400 and as low as $580. Bitcoin, meanwhile, has undergone multiple crashes over the same period, although it is currently heading north again (at $11,050, its up 5% on the day). While it may seem unusual to see a major cryptocurrency player adopting a note of caution more readily associated with Wall Street giants and financial regulators , rather than making wild claims about future growth , Buterin is a relatively cautious figure on the scene. More than once, Buterin has warned investors about bubbles and volatility in the cryptocurrency world. In December, he criticized some players for being obsessed with flaunting their cryptocurrency-derived wealth, arguing that they should instead be thinking about how to use the technology for achieving something meaningful for society. Cryptocurrency media is now, even if out of ignorance/stupidity, complicit in making twitter scams look more legit. Also, the ECF is *not* an EF initiative; it's an independent community organization with some EF participants as advisors. Vitalik Buterin (@VitalikButerin) February 18, 2018 At the moment, he is also deeply annoyed about people impersonating him on Twitter in order to defraud others of their Ethereum. Continue reading >>
Ethereum Prediction: Up To $1222.340! - Eth/usd Forecast, Long-term & Short-term Price Prognosis
Ethereum Prediction, ETH Forecast Price Charts - Is Ethereum aGood Investment? "Should I invest inEthereum CryptoCurrency?" "Should I buy ETH today?" According to our Forecast System,ETH isan awesome long-term (1-year)investment*.Ethereum predictions are updated every 3 minutes with latest prices by smart technical analysis. Q&A about ETH projections. At Walletinvestor.com we predict future values with technical analysis for wide selection of digital coins like Ethereum.If you are looking for virtual currencies with good return, ETH can be a profitable investment option.Ethereum price equal to 732.979 USD at 2017-12-14. If you buy Ethereum for 100 dollars today,you will get a total of 0.136 ETH. Based on our forecasts, a long-term increase is expected,the price prognosis for 2022-12-11 is 3127.405 US Dollars. With a 5-year investment, the revenue isexpected to be around +326.67%. Your current $100 investment may be up to $426.67 in 2022. Continue reading >>
10 Price Predictions For 10 Top Cryptocurrenciesfebruary2018
10 Price Predictions for 10 Top Cryptocurrencies February2018 So, youre sitting at your computer with money to invest. You have made some good money already in the market, but you want more. Cryptocurrencies have reached a record $600 billion in market value after the recovery, with the inevitable $700 billion mark right around the corner. The price movement of top currencies remains a mystery. But it doesnt have to be. Cryptocurrencies are volatile, irrational beasts. Simple methods of forecasting grossly over/underestimate the potential of a volatile currency. For example, moving averages are used frequently to estimate future prices. Moving averages, however, suffer from many pitfalls that make them poor estimators of volatile markets. Every great and successful investor has a plan. You will add one more tool to your arsenal today. A BETTER METHOD FOR ESTIMATING CRYPTOPRICES In my prior article about estimating the movement of Bitcoin Prices , I spoke of a method that is used frequently in the stock world to estimate prices. This method is a Monte Carlo simulation using the geometric Brownian motion model. I wont cover off on the full methodology here, but essentially I am going to: Get historical daily prices for 10 top cryptocurrencies By the end of the article, you will have the following: A one-year simulation of top cryptocurrencies Likely price range of each cryptocurrency A downloadable model to complete yourself A note on forecasting, simulations, and recommendations: Monte Carlo simulations are to be used as guidelines and tools, not as gospel. I am not offering financial or investing advice. We can be 95% certain that Bitcoin prices will fall between $4,179, and $273,028 with a median of $31,380. Bitcoin Cash is peer-to-peer electronic cash for the Interne Continue reading >>
Ethereum Price Analysis: A Return To $650?
Ethereum Price Analysis: A Return to $650? Reading Time: 4 minutesby CryptoMedication onFebruary 4, 2018 Ethereum , News , Price Analysis Given the recent bear market that were in, its best to start off this analysis with an overview of the ETH/BTC chart to get an idea of how resilient its been to BTCs downward movements. Looking at Ethereums ether on the 8-hour chart, you can tell by the smaller red candles that volatility has minimized. As you can see from the overall chart, Ethereums ether has appreciated significantly in relation to bitcoin . From the chart, it looks like we can anticipate several more periods of sideways movement. This means that the price of ether relative to that of bitcoin should be expected to remain stable over the next few days. Thus, if bitcoin rises in its USD price, so will ETH. If it drops, so will ETH. However, ETHs drops may be somewhat more significant percentage-wise than BTC. Its important to note that red candles on this chart do not necessarily mean that ETHs USD value is decreasing. Heres the USD chart for ETH to give a better idea of what I mean: Now, lets evaluate the price action for ETH (USD) over the last few days with some of our indicators to get a better idea of how its moving. Were going to have to take some of these technical indicators with a grain of salt right because theres a lot of general instability and panic present in the market at the moment. As you can see from this chart, ETH has continued to trade within the zone thats marked out by the two orange lines that have been drawn on this chart. As a general rule of thumb, such channels are usually prequels to a continuation in the trend (uptrend). However, if ETH fails to break past the higher orange line ($1379), then it may be setting up to form a pennant. If i Continue reading >>
Ethereum Is Quietly Closing In On Record Price Highs
Ethereum Is Quietly Closing In on Record Price Highs Ethereum's ether token could revisit record highs very soon, courtesy of last week's bullish price action, the price charts suggest. The cryptocurrency, which was notably given a higher rating than bitcoin and Ripple's XRP last week by Florida-based Weiss Ratings, is up 18 percent week-on-week, says data source OnChainFX . As of writing, ether (ETH) is changing hands at $1,211. Having bottomed out at $905 last Tuesday, the price of ETH rose to a 12-day high of $1,224 on Coinbase's GDAX exchange - a rebound that left a higher low (bullish set up) on the price chart. Furthermore, previous day's 12 percent rise (UTC) was backed by a 78 percent jump in trading volumes, shows CoinMarketCap . A high-volume rally indicates strong hands are at play. Notably, prices on South Korean exchanges are again being used in the calculation of global average by CoinMarketCap , having been removed in early January with no announcement and causing a drop in global prices. Thus, ETH might have received a slight boost, with prices in South Korea still carrying a premium of approximately $70 over those on western exchanges. However, the Korean price premium has dropped sharply from the heady heights seen at the turn of the year. So, the price rise appears to be more or less legitimate. Looking at the charts, ETH witnessed a bull reversal yesterday and could soon revisit record highs above $1,400. The above chart (prices as per Coinbase) shows: ETH bottomed out around $927.29 (38.2 percent Fibonacci retracement of July to January rally). The higher lows pattern, as indicated by the rising trendline, indicates the bulls are in a dominant position. On Sunday, ETH closed (as per UTC) well above $1,166 (61.8 percent Fibonacci retracement of 13 t 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 >>
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 >>
Ethereum Price - Mobile Friendly Price Of Ether
6 Ethereum Investing Takeaways From 6 Years In Crypto This post's takeaways are a culmination of my 6 years buying, selling and using cryptocurrency. Here are what I feel are some of the most important takeaways I've picked up from my time in this space. Ethereum Investors Are Still Early To The Scene Ethereum is going to fundamentally change the world in ways yet to be imagined. See why this 2 year old technology still offers a valuable use case for investors looking to buy. Millions of Dollars Frozen in Ethereum Exploit Hundreds of millions have been frozen across dozens of multi-signature Ethereum wallets. What does this mean for the price of Ether and will we see yet another hard fork? In a few weeks Bitcoin will face its most contentious split yet under the most conservative circumstances. What's in a megabyte? About $100bn. Bitcoin And Ether Rally Ahead Of Major Network Changes When a blockchain splits, the history of all transactions is - at that moment in time - identical. This means that holders of the legacy token now also hold the new split token. In the build up to the Bitcoin Cash split in August 2017, investors pulled money from [...] Continue reading >>
Where Will Bitcoin, Ethereum, Ripple And Other Cryptocurrencies Be Twenty Years From Now?
Where Will Bitcoin, Ethereum, Ripple And Other Cryptocurrencies Be Twenty Years From Now? (Photo Illustration by Chesnot/Getty Images) Bitcoin, Ethereum, Ripple, Litecoin and other cryptocurrencies have been on a roller coaster lately. Sharp upturns have been followed by sharp downturns, with each upturn and downturn lasting only a few weeks or a few days. Thus far, the cryptocurrency roller coaster has helped speculators who have been on the right side of the market to amass fortunes. The trouble is that no speculator is smart enough or lucky enough to time the market. At least thats what mainstream financial economics claims. Seven-Day Price Change For Major Cryptocurrencies Source: Coinmarketcap.com 2/2/18 at 7:30 p.m. Sooner or later, speculators who play this game will find themselves on the wrong side of the market, losing the fortunes they amassed early on and then some. Thats why cryptocurrency investors should look beyond the current roller coaster, and ask where cryptocurrencies will be20 years from now. [Ed. note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. Disclosure: I don't own any Bitcoin.] Unfortunately, almost anything connected with the future of Bitcoin is speculative right now, says Jason Labrum, founder and president of Labrum Wealth Management. When you look at the sophistication level of the average person buying Bitcoin, its scary. They just see an asset that at times has gone up a whole lot in value, so you get a herd mentality of people wanting to jump on the bandwagon. Labrum isnt clear how things will look in20 years from now. It will be interesting in 20 years to look back on the conversations we are having today abo Continue reading >>
Ethereum Price Predictions 2018: How High Can Ethereum Go? (eth News Today)
Ethereum price predictions 2018: How high can Ethereum go? (ETH News Today) Ethereum price predictions 2018: How high can Ethereum go? (ETH News Today) Ethereum price predictions 2018.Ethereum is the 2ndmost valued cryptocurrency currently. Naturally, people will be intrigued by the opportunity which Ethereum cryptocurrency provides. This is the reason why investors are trying to find out about Ethereum price predictions 2018. Most of the cryptocurrency experts with whom we will speak are actually bullish on Ethereum cryptocurrency. We will today discuss some of the Ethereum price predictions 2018. Currently, the price of Ethereum is around $973. The one-year forecast is that its price by this calendar year 2018 will be around $ 2100. From the current price, it seems like it will more than double. Most of the cryptocurrency enthusiasts are so bullish on the cryptocurrency that they think that within 5 years, it will be trading at least around $ 6700. This is a significant increase from the current prices. The reasons behind the rise of Ethereum are plenty. Ethereum is used as a platform these days by a wide variety of ICOs as well as other cryptocurrencies. The smart contracts capability of Ethereum is 2ndto none. Many corporations, as well as business houses, are using the smart contracts capability of Ethereum in order to create their own products as well. This is further making Ethereum more and more popular as well. As the platform becomes widely used, it will gain more and more movement and this will increase the price of the cryptocurrency as well. As the decentralized usage of the platform becomes more and more popular, the demand for the for the cryptocurrency will also increase. Moreover, there are quite a few companies which are solely working on the Ethereum Continue reading >>
How To Beat Fomo: What Are Bitcoin & Ethereum Worth In2020?
How to beat FOMO: What are Bitcoin & Ethereum worth in2020? 6/13/17 Edit: updated with feedback from a few Redditors Its been a big year for cryptocurrencies, with the total market cap for crypto jumping 6x since January 1st - from $18B to over $111B as of June 13th. The FOMO (fear of missing out) is real. New money is entering the market at a staggering rate - to the degree that many exchanges have had problems on-boarding and verifying their new customers to keep up with demand. These new investors are coming in droves after hearing about sky-high returns from a friend or friends friend or a friend of a friends friend. Once theyve gotten through the verification process on Coinbase or Gemini or Kraken, they execute their first market order and the rush of the cryptocraze washes over them. To the MOON! Then price drops by 10%, our new investor freaks out, convinces themselves that theyre hardly ever right, that ETH or BTC is going to $0 and that they should just cut their losses. They panic sell, adding fuel to the micro-bear run and the price continues to drop. Whew, that was close. Got out just in time. A short time later, they see that the price is not only retracing back toward their entry price, soon theyll realize that it will exceed it. They just bought high and sold low. They leave the market. Recent moments of FOMO in BTC & ETHtrading Weve seen this play out a number of times this year, and as an investor myself, I too get concerned when I see the price of ETH & BTC begin a FOMO trend. Ive seen the value of my portfolio drop by 2050% in hours. However, in order to counteract FOMO and any knee-jerk panic selling reaction I might have, Ive done two things: First, Ive taken my coins off of the exchanges. This prevents me from having my finger on the trigger and Continue reading >>
Will Ethereum Ever Reach $10,000 In Price?
Well, if ETH reaches $10,000, with the roughly 94 million tokens in circulation , then the Ethereum blockchain market cap would be valued at ~$1 Trillion USD. A lot can change in 7 years, especially in blockchain, but that figure doesn't seem too outrageous. No one knows for sure but it is possible. Ethereum is currently the second most valuable cryptocurrency, a position it rightly deserves for being a blockchain development platform that allows: the creation of new tokens and cryptocurrencies through ICOs enables anyone to run any program, regardless of the programming language through the Ethereum Virtual Machine Ethereum is the first of its kind so I expect its value to rise exponentially 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 >>
Ethereum Price Analysis Will It Go Back To $1,000?
Over the short term, we will probably see ETH ride off its lows for the day with a chance to go back to at least $900. Activities throughout the day indicate a support level of $880, and a bullish signal was sent when the five-day and 20-day moving averages crossed. If ETH does move up, itll likely test a resistance of $920, and the next hurdle could be at $960. For it to go back to $1,000, investors will need to look at the price actions and whether these resistance levels hold. But if the first resistance level does not come off, then there exists a genuine possibility that the $880 support level could break down, and further declines are entirely possible. Using the MACD indicator, a bearish signal was relayed when the MACD line crossed over the signal line. Also, volume hasnt really picked up as the day went by, which is a concern. In summary, ETH investors should take note of the following: Continue reading >>
Etherum Price | Eth Usd | Chart | Etherum Us-dollar | Markets Insider
Just when you thought you had your head around bitcoin, along comes Ethereum. The word has been in a lot of headlines as the cryptocurrency world's new favorite thing soared in value. The ethereum price of something called an ether token grew in value up over 3,000% from 2016 - 2017. Bitcoin, which is far more widely known as an alternative 'currency', is up about 141% in that same time. But what exactly are ether tokens and Ethereum? And how is it different than bitcoin? We've broken it down for you. The reason you've been hearing about bitcoin for years, but Ethereum only recently, is that the latter was only developed two years ago while bitcoin's been around for almost eight years. Ethereum was created by Vitalik Buterin, a young programmer who was told about bitcoin by his father and decided to create a platform for smart contracts; which bitcoin is not designed to do. The Moscow native began working on Ethereum after he dropped out of college, according to CNBC. Ether tokens and bitcoin are called cryptocurrencies because they can be only be bought and sold digitally, are used to pay for things (including pre-school tuition), and because they fall outside of the control of central banks and other government entities that might control a national currency. They're built on a technology called blockchain. That's a kind of ledger that records and verifies transactions made on it. All transactions made on these so-called decentralized networks are public and not controlled by one governing entity. Lately, the idea that both sides of a party say two banks that buy and sell shares from each other can get an accurate and verifiable record of the transaction instantly, has gripped Wall Street and other institutions as something that can be used in lots of ways. There are Continue reading >>