Community Consensus Price Estimates: BTC - $35,000, ETH - $2,850

Over the past few days, we have been crowdsourcing price estimates from cryptoasset hedge fund managers, independent investors, and enthusiasts. The following price estimates are the summation of that work.

Our Key Findings:

• 94 voluntary respondents were recruited from various Reddit and Medium communities.

• Consensus was bullish for both BTC and ETH in the near and long term, with median price targets increasing over each consecutive period.

• Median 12-month price target for BTC = $35,000 (a 2.3x increase from price at publication)

• Median 12-month price target for ETH = $2,850 (a 4.2x increase from price at publication)

Notably, this priced consensus survey was more bullish than the recently collected general population estimates.

Price charts and additional findings can be found here: https://medium.com/@ajwatson/consensus-price-forecasts-for-btc-and-eth-dec-2017-4cd5c159dd8d

Original general public perception study can be found here: https://medium.com/@ajwatson/the-inaugural-cryptoasset-sentiment-survey-ade3a92ca4d0

You can sign up to participate in future surveys here: https://docs.google.com/forms/d/e/1FAIpQLSeYUQ0RJBjwJTQO0XvujsgqbvhpI46jXoNpN3M4dufagtuTQw/viewform