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 >>
Will Ethereum Hit $1000 Soon?
EVERYONE KNOWS ETHEREUM'S ARROW IS POINTING UP .. MY QUESTION IS, HOW SOON AND HOW HIGH DO YOU BELIEVE IT'S GOING?? ARE WE LOOKING AT $1,000 IN THE NEXT COUPLE MONTHS OR SO? AND HOW CONFIDENT ARE YOU IN ITS POTENTIAL?? I'VE INVESTED IN MANY ALT COINS, BUT MY GUT IS TELLING ME ETHEREUM IS THE NEXT TO BLOW UP AND HAS THE LOWEST RISK INVOLVED .. WOULD YOU AGREE?? AND IF WE GOT ANY DOUBTERS HERE, STATE YOUR CASE IF YOU WILL.. Quote from: Sccit on December 02, 2017, 10:06:00 AM EVERYONE KNOWS ETHEREUM'S ARROW IS POINTING UP .. MY QUESTION IS, HOW SOON AND HOW HIGH DO YOU BELIEVE IT'S GOING?? ARE WE LOOKING AT $1,000 IN THE NEXT COUPLE MONTHS OR SO? AND HOW CONFIDENT ARE YOU IN ITS POTENTIAL?? I'VE INVESTED IN MANY ALT COINS, BUT MY GUT IS TELLING ME ETHEREUM IS THE NEXT TO BLOW UP AND HAS THE LOWEST RISK INVOLVED .. WOULD YOU AGREE?? AND IF WE GOT ANY DOUBTERS HERE, STATE YOUR CASE IF YOU WILL.. Please, you must visit the ethereum github page and try to read all of the whitepaper. $1000 will be possible. Rather than give an argument about how ether will worth and it may better for you to get the more knowledge about ether. I think it might reach 1000 value in next 2-3 months but still not sure about it because that will dependent upon the value of bitcoin. The bitcoin is very fluctuating factor for it right now and if the bitcoin is going up then we may find that ETH will show up some upward movement. But again its uncertain alt coin and last time we saw it at 300 USD and it was stuck there like anything. I mean we almost saw it over there for next 8-10 months and we were loosing the hopes upon it. Now again the time has come when the coin is fluctuating around the 500 USD. Neither it is going up and neither it is going down int he time. I mean that is ridiculous pendulum o Continue reading >>
Ethereum Prices Are Down Nearly $1,000 From Its Peak. Why Is This Drop Happening?
SEC investigations may be putting a damper on Ethereum prices. GEOFFROY VAN DER HASSELT/AFP/Getty Images The price of ethereum dropped below $500 this weekend . Though its since risen back to around $550 as of Monday morning, the dip is a reminder of how far the cryptocurrency has fallen since January, when it was at one point trading at more than $1,400. So why has the once-mighty ethereum plummeted in price over the past few months? Its important to note that the entire cryptocurrency sector is in a bit of a slump, down since prices skyrocketed toward the end of last year. Bitcoin has been hovering at or below the $10,000 mark over the past month , down from its record of nearly $20,000.And Litecoin , one of the biggest cryptocurrencies, has dropped from around $240 to $140 in the past month. Its unclear at the moment whether this is a bubble burst or just a correction . Cryptocurrency commentators have attributed much of this downward turn to increasing scrutiny from regulators, which has spooked investors. With governments in China and India planning hardline crackdowns on exchanges and trading, and regulators in South Korea on the fence, theres been much talk of a global push to rein in cryptocurrencies. Timothy B. Lee writes in Ars Technica that ethereum was hit particularly hard by comments on Thursday from the Securities and Exchange Commission (SEC) Enforcement Divisions Co-Director Stephanie Avakian, who said that the commission had launched dozens of investigations into initial coin offerings (ICOs). The ethereum platform is popular among startups for hosting new cryptocurrencies. These cryptocurrency entrepreneurs need to buy the ethereum token in order to jumpstart their own ICOs, which was helping to prop up ethereums price. The revelation that the SEC is Continue reading >>
Will Ethereum Reach $1,000?
The price of bitcoin has recently hit a new all-time high of over $5,850 after rallying by over 475 percent since the beginning of the year. This impressive rally also helped to boost the value of other cryptocurrencies and the biggest benefactor of this has been Ethereum. Since January 1, the price of Ethereums ether has rallied from $8 to a current price of over $340. This rally marks a 4150 percent year-to-date return on investment for ether (ETH) holders. In the past seven days alone, ether rallied by over 20 percent to hit a one-month high of $348. Ethereum is an open-source decentralized blockchain platform that allows users to run smart contracts and decentralized applications (DApps) that function exactly as programmed without the possibility of censorship, downtime, fraud or third-party interference. Ethereums cryptocurrency ether (ETH) currently has a market capitalization of over $30 billion, which makes it the largest blockchain network after the bitcoin. The main reason for Ethereums success lies in the fact that it has taken the underlying technology of bitcoin and has expanded upon it to create a new blockchain that allows users to create customized smart contracts that can be applied to a broad spectrum of commercial and non-commercial use cases ranging from securities issuance, insurance policies, and electronic voting, to royalties distribution, electric vehicle charging stations, and electronic medical records. The increase in value of Ethereum has been driven by several factors including the explosion in Ethereums use in commercial blockchain trials, the launch of the Ethereum Enterprise Alliance, the boom in initial coin offerings launched on the Ethereum network, bitcoin investors diversifying into altcoins, and increasing investor funds flowing i 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 >>
Ethereum Trends: 2018 Predictions
In 2014, when then 20-year old Vitalik Buterin released the Ethereum blockchain, the crypto space was already rapidly filling up with different cryptocurrencies. Granted, most of them were mere Bitcoin spoofs but the market was slowly taking shape. Most developers seemed keen on improving on the perceived flaws in the Bitcoin protocol without offering much in the way of diversity. The ideas seemed to be the same, design a trustless payment processing cryptocurrency. The introduction of Ethereum changed all of that as the power of the blockchain was increased by several orders of magnitude. Where blockchain was hitherto confined to the payment processing arena, developers were now wiser to the fact that it could offer a lot more. From that time onwards, Ethereum has continued to grow considerably. To the casual observer, its achievements may seem small in comparison to the record-breaking Bitcoin. However, crypto enthusiasts and financial monitors know just how far the Ethereum cryptocurrency has come in such a short space of time. Ethereum has for the most parts maintained a hold on the number two position behind Bitcoin in terms of market cap. It is regarded as the most valuable Altcoin and is the basis for a great majority of the advancements in the crypto space. The focus of this article is to look at a few Ethereum price trend predictions for 2018. For all the many gains that Ethereum has enjoyed over the years, there is one benchmark that it wasnt able to attain until 2018. That benchmark was reaching the $1,000 market price milestone. Ethereum had a stellar year in 2017. It seemed for all intents and purposes that it had shaken off the turmoil of the DAO hack that occurred the previous years. In fact, many an expert had sounded the death knell for Ethereum. In th 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 >>
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 >>
Is Ethereum Still A Buy At This Price?
Long/short equity, value, growth at reasonable price Ethereum set an all-time high by breaching $1,000. Expect to see significant resistance at the $1,000 mark short-term, but dont hesitate too long to buy. Key metrics show that ETH adoption is leading the crypto industry. After highlighting Ethereum in my previous article , it managed to shoot up and breach the epic $1,000 mark today before dropping back down to mid 900s at the time this article was written. In that article, I talked about the tech behind ETH and how it is poised to be the top Blockchain platform of 2018, potentially stealing the spotlight from Bitcoin ( COIN , OTCQX:GBTC ). In this article, I will focus on some key metrics that lead me to believe that ETH will be a breakout performer once again in 2018. For those of you short-term traders out there, expect to see ETH bounce around below $1,000, as it encounters significant resistance at that point. Psychologically, $1,000 is a powerful barrier that will scare off some investors, as people are still wary of paying $1,000 per token for a digital asset. In addition, we are very close to the $100 billion dollar market cap figure as well, so this is another mental milestone that may take some time to cross. However, this barrier has already been breached, in a way. As you can see below, ETH is trading at an incredible premium on South Korean exchanges that far exceeds the $1,000 mark. Since the South Korean exchanges require proof of residence to trade on their exchanges, there is no arbitrage between those exchanges and outside markets. (Imagine what the price is in North Korea! Source: Coinmarketcap.com ) To top it off, Ripple has recently exploded to overtake Ethereum and achieve a market cap of $124 billion dollars. The $100 billion dollar mark is no Continue reading >>
Ethereum Price Soars Above $1,000 As Bitcoin Stalls And Ripple Rises | Fortune
Even as the arguable star of 2017 Bitcoin stalls thousands below its all-time high, the third largest cryptocurrency by market value, Ethereum, is soaring to new records Thursday. For the first time ever, Ethereum prices rose above $1,000 per unit in early trading Thursday, as investors look increasingly toward alternative currencies such as Ethereum, Ripple, and Litecoin . Its hard to say for certain what is causing the 8% pop in Ethereum prices. Though in recent weeks, investors have helped push up the price of another rival cryptocurrency, Ripple, in part because more and more major banks and institutions agreed to partner up with the folks behind the digital asset in a bid to speed up transactions, and growing investor interest . Similarly, banking giants have also increasingly looked to Ethereum for another set of solutions. In mid-December, a group of financial companies including UBS, Credit Suisse, and Barclays announced plans to test the Ethereum blockchain in the hopes of making it easier to meet new European Union reporting standards under the Markets in Financial Instruments Directive II. The banking group will be able to anonymously submit information to the private blockchain, and cross-check for any irregularities. Those partnerships get to the heart of a major argument as to why Ethereum proponents consider their cryptocurrency to be more flexible and, in a sense, more useful than Bitcoin. While Bitcoin is one way to use blockchain, the technology underlying digital currencies that records transactions, Ethereum allows developers to build on the blockchain platform. Thats also why initial coin offerings have largely been built on the Ethereum platform. Bitcoin is the first application built on the blockchain technology, said Ethereum co-founder Joseph L 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 >>
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 >>
Despite Volatility, Ethereum Likely To Reach $1,000 In Near Future?
Despite Volatility, Ethereum Likely To Reach $1,000 In Near Future? While Goldman Sachs and other finance giants are starting to be bearish about Bitcoin, Ethereum may overtake it in terms of capitalization, hitting the $1000 mark. With the Bitcoin price on a roller coaster trajectory, it is not surprising that Ethereum is trailing just behind it. Recent developments suggest that it could be heading towards bearish movement, as predicted by Goldman Sachs . While Bitcoin price went down from $3,000 to $2,500, it seems likely to steady for quite a while. Subsequently, some cryptocurrency pundits predict that Ethereum is likely to overtake the Bitcoin . There are various reasons as to why investors are now shifting their attention to Ethereum. For one, Ethereum has been showing signs of it being ready to overtake Bitcoin in the near future. In his interview , CEO of Polychain Capital, Olaf Carlson Wee, said that investors are likely to see Ethereum rally against Bitcoin as early as 2018. While Bitcoin has already reached its new all-time high of $3000, discussions about Ethereum reaching up to $1000 has been making rounds . Seeing as though most investors may have already missed the rise of Bitcoin, the next cryptocurrency that is currently getting the most attention is Ethereum. Finally, autonomy is a driving factor for cryptocurrencies: taking money from financial institutions and into the hands of the individual. Since Blockchain technology solely relies on peer to peer transactions that do not have to go through traditional financial institutions, many people in Asia (particularly South Korea ) and The Middle East are taking advantage of the decentralized nature of Blockchain technology. There may be some dips that happen when the graph of Ethereum moves. Nonetheless, Continue reading >>
An Ethereum Price Forecast Of $1000
InvestingHaven is a publisher on the amazingly fast + secure new Brave Browser! Try this for free, we will receive BAT crypto for publishing our content >> (Ed. note: another flash crash of the Ethereum price took place on September 4th 2017, the editorial team has posted a new update at the bottom of this article) It may sound too good to be truebut InvestingHavens research team calculates a long termethereum price forecast of $1000, say for 2018 and beyond. Given our extensive background in forecasting markets, from gold to stocks and currencies, we could not resist the challenge to also forecast the price of Ethereum.After our Ethereum price forecast of $550 for 2017 ,it was about time to apply the same forecasting method and derive a longer term price target for the price of Ethereum . The challenge forecasting Ethereums price There is one important challenge in trying to forecast the price of Ethereum: there is no useful data available to apply a direct forecasting method. Stated differently, based on the limited set of relevant data we have to rely on an indirect forecasting method. Itmay sound counterintuitivethat there are hardlyrelevant data points available. There is of course plenty of data in Ethereum space. Take, for instance, Ethstats , a real data hub for Ethereum statistics visualizing ongoingactivity on the network, while Etherchain looks at transactions per second, top miners, and so on. All that is interesting information, but not relevant in understanding the real intrinsic value of Ethereum which, essentially, is the basis to forecast a future price. Moreover, in classic markets we are used to take a price chart and look for patterns as a reliable way to derive a price target. Chart analysis is also not very useful in deriving an Ethereum price for Continue reading >>
Ethereum (eth) Could Hit $10,000 And Above In The Future
Ethereum (ETH) could hit $10,000 and above in the future! Ethereum (ETH) had a pretty good run in 2017, pushing up from less than $10 to over $1000 in early January 2018. And even after the recent drop in crypto prices, ETH seems to be the only crypto that has held its value, falling by a lower margin than the rest. But for a new investor, It is a conundrum. Thats because many cant tell whether its still a good investment, or whether the Ethereum boat sailed long ago. Well, the answer is simple, its still early days for ETH. In fact, a valuation of over $10,000 for Ethereum is not improbable in the long-run. Heres is why. Unlike bitcoin and other cryptos out there, Ethereum (ETH) has more than just speculative value. It is designed to allow developers create applications that can have a real-world use. Anyone who has some programming knowledge, and a good idea can create something of value on the Ethereum platform. This aspect of ETH has played a key role in pushing up its value to over $1000. Now imagine what will happen once Ethereum gets true mass adoption. Its demand will be so high that even a valuation of $10,000 could be an understatement. Basically, Ethereum is still at the early adoption stages, which makes it a high growth investment, even for investors who come in, at current prices. If you have ever invested in the stock markets, then you know that one of the secrets to success is investing in a company that has a visionary leadership team behind it. Apple under the leadership of Steve Jobs and his team is testament to this. However, this rule of thumb is not just restricted to the stock markets, it also applies to crypto currencies. The developer team behind a crypto is a critical indicator of its long-term growth or failure. And on this front, Ethereum (E Continue reading >>