Ethereum could be worth $ 1,000 in the near future
In the last few days, Bicoin price has fallen from $ 3,000 to $ 2,500, and it seems to stabilize around that value. For this reason, experts believe that Ethereum is likely to surpass Bitcoin.
There are good reasons why investors now pay attention to Ethereum. One of them is that Ethereum proves to have the power to detronize the Bitcoin. In an interview, Polychain Capital's CEO, Olaf Carlson Wee, said that this could happen as early as the beginning of 2018.
While Bitcoin has already reached a record of 3,000 $, talks about Ethereum reaching 1,000 $ are on the increase. And since many investors have missed the start with Bitcoin, their focus is on Ethereum.
Long-term investments:
Even if fluctuations continue to exist for Ethereum, long-term investment may prove effective.
Once Ethereum has reached $ 1,000, it is likely that questions will arise if Bitcoin also picks up the bar.
Investors who are now buying Ethereum may begin to sell when the price is $ 700 if they want quick earnings. But Ethereum shows that it has everything it takes to represent a long-term investment.
Given the rapid appreciation of Ethereum, an investment is recommended before the price reaches the 750 $ quote.
Subsequently, the higher the price, the more uncertainty there will be.
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nice upvoted ! @goodhunter visit my wall when you free thanks
Thank you!
That my guess also. ETH to 1000 usd early next year 👍😄
Yeah, time to invest in ETH 😉
I'm there already. I thought $350 was cheap :(
Interesting, why would you think scaling issues or backlog induced by ICOs won't prevent that from happening ? Will it be just a question of when will it happen ?
Well, the rapid growth is thanks to ICOs of course. It took Ethereum only 6 months to jump from 9 $ to over 300 $ and I think it will probably drive the price up as well in the future.
And the scaling issue is an uncerant problem. If the blockchain devs are going to find a solution or not on that, we'll never know.
Good article. I was about to start a similair discussion. The current total market cap of all cryptos might seem high but blockchain is here to stay and will involve all our lives. I do see a bright future for everyone that's hold's their coins with a long term vision. This is quite an interesting website I found: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. Check: https://www.coincheckup.com/coins/Ethereum#analysis To check Ethereum Report