How high is the price of Ethereum?
When it becomes more widespread and mainstream, it can reach numbers in a year. But it is not safe. It will be easier to climb after hitting $ 1k.
Sure you will see some drops from time to time. But in the long run if the question goes this way it is not difficult to hit those imagined numbers.
Investing in the Ethereum technology
So the best thing to do is not to invest in cryptography, but to invest in technology. If you invest in technology to create a better world, you will surely be happier.
Pricing of Ethereum prices: 2018, 2019, 2020
Ethereum is rapidly emerging as a great cryptocurrency. In recent days, he has climbed new heights quite coherently. Moreover, in the solar year 2017, it increased by around 3600%. This is one of the main reasons why most investors also look to Ethereum as a long-term investment bet.
This brings us to the important question – what could be the price of Ethereum? You must understand that you need to examine the usability and application of the cryptocurrency. When you will be able to examine the usability and application of the cryptocurrency, from that moment on it will be easier for you to understand how its value can be appreciated. When you look at Ethereum, you realize that it is the underlying capacity that provides decentralized processing power and bandwidth. For this reason, Ethereum is very different than other tokens that are just a sign of investment. This also means that the value of Ethereum would increase in the future.
In the current year which is 2018, it is expected that Ethereum will reach about $ 2500. By the end of next year is 2019, it is expected that Ethereum is hovering around $ 14,000. Likewise, by the end of 2020, it is assumed that Ethereum would be around $ 31,000.
So when you look at the kind of returns expected by Ethereum, you realize that it still has a long way to go.
Reasons for which Ethereum can appreciate significantly:
some of the reasons include:
- Increased use of applications
- more companies that use cloud-based decentralized applications
- greater use of smart contracts
These are the 3 reasons why Ethereum is used more widely. It is necessary to keep in mind that when it comes to Ethereum, the more the platform is used, the higher the price of the token. Precisely for this reason, you can be sure that the value of Ethereum would also increase in the future.
Furthermore, it should become 2ND most valuable cryptocurrency according to market capitalization. This is one of the main reasons why it should be appreciated over the years.
So, whenever you are looking to invest in any cryptocurrency, it is much more useful to take a look at the Ethereum option. When you look at the Ethereum option, you will realize that not only has a strong application but also a significant appreciation potential.
Ethereum 5 years of projection and forecasts
The current price of Ethereum is around $. It has shrunk slightly after rising to $ 1200. Many of the investors are trying to figure out if it has the same kind of potential to increase even in the future or not.
If you look at some of the forecasts available online, you realize that certainly there is a high probability that Ethereum will actually grow in the future.
According to some of the online predictions, by the end of this year, Ethereum would be around $ 1900. Similarly, after a period of 5 years, it would be around $ 5500.
This is the reason why many investors are still trying to invest in Ethereum.
Another reason why Ethereum is attracting investors so much is due to the fact that the effective use of the Ethereum platform is only at the starting point. In the coming years, this use would definitely improve. As this use improves, the price of Ethereum also improves.
More and more exchanges are also listing Ethereum as a cryptocurrency that you can buy. Therefore, in these days the purchase of Ethereum cryptocurrency is not so difficult. Investors can easily register on different exchanges to buy Ethereum. You can easily exchange other cryptocurrencies to buy Ethereum. In addition, many of the ICOs are also launched on the Ethereum platform, which is further fueling the demand for Ethereum. This is another reason why the price of Ethereum would also increase in the future.
So, if you are observing the futuristic prediction of different cryptocurrencies, Ethereum is definitely one of the best options you can invest in today. You must, however, keep in mind that you have to look at the huge increase in the price of Ethereum in the last few months. Therefore, it should not be surprising that the price of Ethereum may actually fall short-term. However, in the long run, you can be sure that the price of Ethereum would increase. If you're ready to endure that volatility and if you're ready to keep Ethereum for a longer period of time, you can be sure that you too can get a good amount of money. Moreover, the type of return provided by cryptocurrencies is much higher than the traditional asset classes in which it is possible to invest.
Is Ethereum a bubble? Speculations on the prices of Ethereum 2018
When you observe the growth of Ethereum, you realize it was astronomical, to say the least. Ethereum is not a case when it comes to climbing into cryptocurrencies. There have been a wide variety of cryptocurrencies that have increased significantly over the last 12-14 months. Cryptocurrencies Ethereum in particular has gone from being traded to around $ 100 to be traded over $ 1200. All this over the last 15 months. This is one of the main reasons why investors really fear investing in Ethereum. This leads us to the very important question about whether Ethereum is actually in bubble territory.
Normally, when it comes to bubble territory, the good that is in the territory of the bubble does not have the appropriate fundamentals to match the price increase. You must understand that Ethereum is not a for-profit company and therefore can not be judged as such. On the other hand, asset prices are also regulated by the supply-demand equation. The demand for Ethereum is significant as more and more investors are trying to invest in it. However, rather than simply looking at the demand for the asset, it is important to examine the underlying application of Ethereum.
In the longer term, only when the underlying application of Ethereum will be used more and more, Ethereum will also increase in value. This is one of the main reasons why you have to look at potential end users.
The truth is that even the Fortune 500 companies are interested in what Ethereum has to offer. They formed an Ethereum corporate alliance in order to collect the smart contract capability and the blockchain capacity of Ethereum. Once the correct final applications are available, you can be sure that the use of Ethereum would increase significantly.
In addition to the application we discussed above, the Ethereum platform is also used by companies to launch their ICOs. This is another application that is gaining more and more momentum.
Ethereum prediction for 2018:
The Ethereum forecast by the end of the year is around $ 2500. It remains to be seen whether it is able to reach these levels or not.
Therefore, whether or not investing in Ethereum would actually depend on the investment time horizon. If you are investing just for a couple of months, it may not be a good idea to invest now. On the other hand, if you are thinking of investing for at least 4 or 5 years, you can invest at current levels and Ethereum applications for end users are still pretty strong.
Disclosure: this article is not an investment advice.
It is not an easy question but some predictions can be made. If we think of Bitcoin, no one could imagine that it will hit 20,000 dollars in one day starting at $ .08. But it has happened since 2009, in less than 10 years. If we think the same way for Ethereum, it will take some time, but for Ethereum it will be faster to reach some numbers. And even if we think about the basic technology of Ethereum, it can make it easier to become more common.
DAPPS based on etereum blockchain
But you should remember that Ethereum is not just a coin, it is also a technology far beyond our imagination. Most ICOs use Ethereum-based Blockchain technology. This is also something else because Ethereum will last longer.