Ethereum is the second most famous cryptocurrency in the world. Almost 2,000 the projects were built on their blockchain at the time of writing, with more appearances apparently every day. Their global community is massive and wildly enthusiastic.
Still, the price of Eth has been a huge success this year. It has plummeted almost 90% from its all-time high of over $ 1,400 in January, touching a low of $ 170 in September. This caused a lot of alarm and panic among the Ethereum community.
However, although this year we have suffered from a serious bear market, there are still many experts and enthusiasts of cryptography who are confident that the price of ETH will recover and increase in the medium to long term.
We have consolidated a wide range of ETH price predictions made by the major cryptocurrency authorities in an article to provide a better picture of what the future might hold for Ethereum.
Be sure to keep in mind that it is impossible to accurately predict the future, especially in the highly changeable world of cryptography. Some of these predictions were made at the beginning of the year when the price of the ether was also much higher. These forecasts should not be taken as financial advice.
With these warnings in mind, here are the 10 Ethereum price forecasts to shed light on the future potential of cryptocurrency n. 2 in the world.
Bobby Ullery, CTO of Waysay
I think Bitcoin and Ethereum will share a $ 4.5 billion dollar ceiling by 2020.
[Ether] it's a little harder to calculate due to the supply a little bit. Ether's unknown in the future, as Proof-of-Stake could change the new issue of Ether, and the impact that the Ice Age will have in time between the new issues of ETH.
The original 2014 model of emission, declared a projection of ~ 162 million ETH in circulation in 2020, however Vitalik said it would be closer to 100 million, so for our approximate mathematics we will use 100 million ETHs.
$ 1,137,500,000,000 divided by 100,000,000 = $ 11.375 per currency, ~ + 4.000% from today.
Roger Ver, CEO of Bitcoin.com
I see it happening and I think it's imminent. Ethereum could exceed Bitcoin by the end of the year and Bitcoin Cash could do the same before 2020.
Nigel Green, CEO of DeVere Group
The price of Ethereum is expected to increase significantly this year it could reach $ 2,500 by the end of 2018 with a further increase by 2019 and 2020.
This general recovery will be fueled by 3 main factors. 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, the decentralization of cloud computing.
Marouane Garcon, Amulet's managing director
[Ethereum has] several upcoming developments including Casper, which I expect will send the propelling price towards $ 1,000.
Right now it's a great time to accumulate to be ready for Casper.
The only reason I say I'm cautious is because Casper's launch could stumble into the gate due to the fact that it's such an important development to implement.
Alexis Ohanian, co-founder of Reddit
I am very optimistic about Ethereum simply because people are actually building us. It's still early, but you know, we have some CryptoKitties.
It's easy to laugh, but I think the first version of so many things looks like a toy and often has something to do with cats. It's because the Internet loves cats.
At the end of the year, Ethereum will be at $ 1,500. Well, now people can call me if I'm wrong.
Steven Nerayoff, CEO and founder of Alchemist
What you are seeing with Ethereum is the exponential increase in the number of projects – there are billions of dollars being poured into the ecosystem at this time – perhaps 10 times more projects this year than in the past few years. last year, that it could easily lead to a doubling, probably a triple of the price by the end of the year.
Lower transaction costs are increasing the use of the entire network and this is increasing the network effects of it. There are more users, more projects under construction and more programmers.
Olaf Carlson-Wee, CEO of Polychain Capital
[Last time…] I said Ethereum would pass the Bitcoin by the end of 2018. I would really like it right now … I would do it.
It's because of the more advanced features of the protocol, so the kinds of things we're seeing built on Ethereum are almost a bit sci-fi. It is beyond anything you would reasonably think possible.
Brian Schuster, head of Founder Solutions at Ark Capital LLC
What if you believed that Ethereum is less like a single company and more like a store of value, like gold?
This gives us a potential market capitalization of around $ 10 trillion, leading us to believe it the price of Ethereum could go up to $ 100,000 per currency.
We could even go one step further and say that Ethereum is not a resource, but a resource to replace all the existing currency.
In this case, the market capitalization would have the potential to reach $ 100 trillion, leading us to believe that the price of Ethereum could go up to $ 1,000,000 per currency.
People tend to take price forecasts as gospel and make bad decisions based on even the most moderate recommendations.
A big argument for cryptocurrency speculation at the moment is the future of Ethereum (ETH).
Will Ether ever reach $ 10,000? My answer is simple: I do not know, and I'm not going to tell you that it will.
Matias Dorta, founder of ICO Informer
My prediction for Ethereum is $ 2,000 ++ by 2020.
Craig Russo, co-founder of sludgefeed.com
Your hypothesis is as good as mine. My prediction for Ethereum is $ 2000 to $ 3000 by 2020.
Brandon Quittem, Cryptocurrency Analyst & Writer
My The Ethereum 2020 estimate is $ 5,000, about 10 times the price today.
What do you think of the future of Ethereum and its price? Let us know in the comments below!