Ethereum Price Prediction for 2018

in #money8 years ago

According to walletinvestor

Current Price
928.785 USD

1-Year Forecast *
▲ 2048.770 USD

5-Year Forecast *
▲ 6506.050 USD

If this is true, your current Ethereum investment will double in the next year. That is great news.

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Ethereum is currently listed the #2 cryptocurrency on https://coincheckup.com/analysis under Cardano

and #2 on coinmarketcap under Bitcoin

Serenity
"Serenity is the last phase in Ethereum network. Release was planned for the start of 2018, but we might have some delays, as usually. Serenity goal is to switch from proof-of work to proof-of-stake, by using a method called Casper."


"The year 2018 is shaping up to be all about scalability for Ethereum. If Ethereum developers manage to successfully implement a satisfactory long-term scalability solution, Ethereum would likely see a massive boost in adoption and value alike. Ethereum has so far demonstrated incredible resilience and the ability to evolve with planned hard forks, and, during the next 12 months, we are going to see just how far Ethereum can go."

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Honesty, I'd guess that ETH's future price will depend heavily on Bitcoin's. So if Bitcoin continues to rise then we'll probably see the numbers you predicted, however if it doesn't then ETH will probably lose value and go nowhere.

People will stop purchasing Bitcoin as frequently due to lack of updates and outdated structure and Ethereum's market's will continue to increase in value because of popularity and updates. Bitcoin doesn't have a team and Ethereum is much more socially connected. Right now the entire market is impacted by any small price change in Bitcoin but as the price of Bitcoin drops and user adoption decreases, so will it's ranking and any effects it has on the cryptocurrency market.

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