Will Ethereum Rise to $200?steemCreated with Sketch.

in #ethereum7 years ago (edited)

I just read an article which implied that Ethereum was headed much higher up than $100 - and from the author's view, possibly $200. $200 seems pretty high, but this author sounded convinced. Hey, I don't want to share something that may lead to reckless decisions and the author never covered any drawbacks. Here's my plus/minus view:

Plus

  • Ethereum seems to have interests from large institutions, including governments.
  • Ethereum is in a favorable chart pattern.
  • Ethereum's team has made many wise choices about its future.

Minus

  • Ethereum isn't "set" - it can change.
  • There are security concerns about its move to POS. It may work, but security concerns in the past with Ethereum have all turned out to be right.
  • The usage of Ether isn't as high as people think right now.

I feel it's pretty risky to buy right now, but a good bargain on the mining side, though I've seen a lot of discussions about this heating up. People are starting to jump into mining Ethereum and this is causing the ROI on mining to decrease.

(99.99,249.99,99.99,49.99,99.99.49.99,49.99,99.99,9.99,49.74)
($0.14)
(859.65)
($120.35)

WOAH! Ethereum hit a high of $230! Three days after I wrote this too. Now, let's see where it holds its price.

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