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Ethereum has had a rather difficult year, but will this situation continue? What value will Ethereum have by the end of 2019? Will the price of Ethereum rise to levels never seen before? Or are we in another bear year? Many cryptographic experts believe that with the adoption of blockchain, the price and reputation of Ethereum will increase accordingly.
In the following section, Chepicap gives you an overview of their Ethereum pricing forecasts.
Matthew De Silva: close to zero
Matthew De Silva, a journalist for Quartz's cryptocurrency, announced his price forecast in September, after prices crashed at $ 179.
The argument that De Silva has made is that Ethereum is reaching its natural state, which, according to him, is close to zero.
For the context, here is what I wrote: pic.twitter.com/nTaY7FAuAZ
– Matthew De Silva (@matthewde_silva) September 12, 2018'
Joseph Raczynski: Ethereum will hit $ 1,200 by the fourth quarter of 2019
Joseph Raczynski, founder of JoeTechnologist.com and key blockchain influencer with a Twitter follow up on 153K, expects the value of Ethereum to reach $ 1,200 by the fourth quarter of 2019. He attributed his projection to the popularity of the Ethereum concept demonstration among institutional investors. He also added that the network has the largest community of developers.
"They are one of the most real projects to date – almost all large organizations are testing on this platform," Raczynski said.
Read more: Remember that the whale dumped 35K ETH, the flash crashed to $ 0.10? This is the video
Tom Lee: $ 1900 by the end of 2019
According to Tom Lee, head of research at Fundstrat Global Advisors, Ethereum stands for strong rally, pointing to its recent heavy losses and stating that the digital currency is well positioned for a recovery.
While Lee could be very bullish on Ethereum's price forecast, Tim Enneking, CEO of Digital Capital Management, does not agree.
He said that such a price move is highly unlikely. "There are no drivers that push the ETH to 40% beyond its previous historical maximum," he added.
Tom Lee @fundstrat states that bitcoin and ethereum will be the most performing activities next year.
– CNBC Fast Money (@CNBCFastMoney) January 9, 2018
Read more: Vitalik states that IBM "misses the point" of the blockchain
Nigel Green: $ 2500 with a further increase in 2019 and 2020
The deVere Group CEO believes that the price of Ethereum will increase significantly and could reach $ 2,500 with a further increase by 2019 and 2020.
This overall recovery will be powered by three network pilots. First of all, more and more platforms use Ethereum as a means of negotiation. Secondly, the increase in the use of smart contracts by Ethereum. And thirdly, decentralization of cloud computing, "said DeVere.
According to DeVere, there will be several key motivators that will fuel a resumption of encryption prices, which will include the increasing integration and adoption by major banks and other financial institutions.
"Another key reason for the rally is that there is a growing awareness of the need and demand for global digital currencies in a digitized globalized world," said Green. "Ethereum can be expected to consolidate its position as the second most valuable and used cryptocurrency token in the world."
DeVere Group CEO: the position of Bitcoin (BTC) will be "drastically reduced" in the next 5 years https://t.co/BwwsOj8Cch
– Nigel Green (@nigeljgreen) October 25, 2018
Brian Schuster: $ 10,000 or even $ 100,000 if he replaces gold as a store of value.
The head of Founder Solutions at Ark Capital LLC presents an extremely bullish picture of Ethereum that reaches $ 100,000 per currency. The definitive substitution of gold with cryptography was discussed endlessly by a number of other market observers, although bitcoin is seen primarily as the preferred substitute currency.
"And if you believed that Ethereum is less like a single business and more like a store of value, like gold? This gives us a potential market capitalization of around $ 10 trillion, leading us to believe that the price of Ethereum It could go up to $ 100,000 per currency, and we could go one step further and say that Ethereum is not a resource, but a resource to replace all existing currencies, "said Schuster.
Schuster also argues that the appearance of the Ethereum platform could eventually lead it to become a sort of mother-currency for all future digital currencies, and this in a world where digital currencies are the norm.
Article I recently published in the International Business Times: Does the price of Ethereum ever hit $ 10,000? A market capitalization perspective for ETH https://t.co/LjuXhHSOoK
– Brian Schuster (@SchusterDEV) February 21, 2018
Jeff Reed: Ethereum is more valuable than Bitcoin
The author of cryptocurrency and market observer Jeff Reed points out that Ethereum is a safer long-term bet than Bitcoin.
"Like Bitcoin, there is a small stoppage of Ethereum from being an alternative currency to fiat currencies and commodities. It is possible to trade anything using Ethereum, but this is not the strength of Ethereum compared to other cryptocurrencies: everyone can do it. It is rather the computer language that allows for the existence of smart contracts that make Ethereum more valuable than BTC, "he said.
Reed does not provide a forecast or a price schedule, however, according to him, the market is reduced to Ethereum, which ultimately overtakes with Bitcoin and captures its higher price position.
Read more: 9 Bitcoin price predictions for 2019 by cryptographic experts
Ian McLeod: Ethereum will be on a general trajectory towards the top for the whole of 2019
The influential technology expert, Ian McLeod of Thomas Crown Art, predicts that Ethereum will experience a monumental and definitive global breakout.
"I argue that we can expect Ethereum to reach $ 500 by the end of 2018 and continue on a general trajectory towards the top for the rest of 2019."
According to McLeod, Ethereum is already light years ahead of Bitcoin in all, but at a price, and this will become increasingly apparent as more and more investors enter the crypt.
"We anticipate that Bitcoin will lose 50% of the market share of the cryptocurrency in Ethereum within five years," concluded McLeod.
Read more: Bitcoin is dead? 8 reasons why it is NOT
Chris McClure: Ethereum is late for a rally that will go into 2019
Chris McClure, chief marketing officer of cryptocurrency at the Svandis data provider, said he believed strongly in Ethereum.
"Whether it's Sharding, Plasma or OpenST Mosaic, there are enormous technological reasons to be optimistic about Ethereum and to believe in a speculatively high price that is moving in 2019."
"Ethereum is aggressively oversold and late for an event that runs until 2019," said McClure.
Read more: The 87-year-old actor William Shatner is a maximalist of Ethereum
Fred Wilson: Ethereum feels like the easiest to do an avalanche for now.
Fred Wilson, the co-founder of Union Square Ventures, one of New York's most successful venture capitalists who manages more than a billion dollars in assets, said Ethereum feels the easiest to do for a just cause now .
Everyone has lost their shirt on it now. Nobody besides the developers wants to know it. It seems it's time to start biting it but not loading it. "
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