You are viewing a single comment's thread from:
RE: Can Ethereum Reach $3,000 by the End of 2018?
Still a bullish claim to make. I have a large stake in Ethereum, and absolutely love the tech behind it and would not object to see such a large growth, but I feel as though this sort of speculative thinking doesn't do much for the actual value of the coin/token. Take a look at BTC and how bullish people were on it, claiming 20k by the end of the year, and yet it's sitting around 15k. The tech is antiquated, and the core developers are still trying to address issues with the congestion. Same with ethereum, and it's scalability issue. The growth of alts (like EOS, NEO, ADA, XLM,etc...) give us a glimpse of what lies in store for us in the future.
I don't know what to make of any claim being outlandish anymore.. 3k Ethereum isn't even the highest I've heard and some people that you talk to have no idea why. That being said, I do like Vitalik Buterin's mind and the increased funding toward solving Ethereum's scalability issues. It seems like once a week there is positive news coming out of the Ethereum camp. I think that moving through 2018 it will be important for Ethereum developers to continue to solve problems and push out dApps for users to use. The more dApps that are useful, user-friendly, and efficient the more Ethereum's market share will grow.
The alts that you mentioned are interesting to watch as well and I'm in no way putting them down by focusing on Ethereum; I honestly don't know much about the ones i've listed.