[ad_1]
Ethereum (ETH) has enjoyed the second cryptocurrency status of the world over a very long period of time, but has recently been taken over by XRP in terms of market capitalization. When it comes to its price, ETH has enjoyed its highs above $ 1,000 but since then things have not proved so good for the good. The wealth has largely fallen, just like the grades of the students in a very difficult subject.
via GIPHY
At the time of writing, ETH floated around $ 103, as per www.coinmarketcap.com. Since the market is encrypted, it is very volatile, with daily predictions on the prices of the various encrypted assets. Ethereum is one of the first quality cryptocurrencies, and people are not holding back from commenting. Everyone is there to give an opinion. But the fact is that nobody knows for sure what will happen.
In the past, we have seen speculations and forecasts go wrong. The people who were suggesting ethereum would have hit $ 1,500 by the end of 2018, where are they now? Let's take a look at what kind of predictions we are talking about.
At the beginning of this year, the co-founder of Reddit, one of the world's leading companies, Alexis Ohanian predicted that the bitcoin would hit $ 20,000 by the end of this year and ethereum will touch $ 1,500. Alexis, an experienced entrepreneur and VC of venture capital Initialized Capital, made a mistake in his prediction … there are only 12 days left for 2018, so let's say we got to the end of the year.
via GIPHY
Where the resource will be by the end of 2019, 2020 or 2025, one can only speculate. Nobody knows for sure. The uncertainty that is connected to the world of criptos is very high. One day we see the market go up and the next day we see it in the dust.
With all these data, we simply establish that we do not know what will happen in the future. But yes, there are some trends that are observed. Developments have been made in this world at a rapid pace. If official increases in acceptance regarding encrypted assets and platforms such as an encrypted exchange-traded fund (ETF) and Bakkt generate easy access to the encrypted, we could see price increases. But there are many variables. One thing seems certain, the ETH will move … up or down, which can not be said with certainty.
via GIPHY
With the saturation of the market in the cryptic world, it will be interesting to see how things go for ETH in 2019.
SEE ALSO: Prediction of Ethereum Prices: Things could be heading south for ETH
Source link
