Bitcoin Forum

Joseph Lubin, the cofounder of Ethereum, believes Ethereum will rise 1000x - implying a price of over $150,000 for ETH - and will become a global settlement layer. I think this view is overly optimistic, but Ethereum is likely to still be around in 2025.

https://www.newsbtc.com/2019/04/10/joseph-lubin-ethereum-eth-will-be-a-global-settlement-layer-and-prices-rise-1000x/

What do you think?

Maybe if USD has completely been devalued, it can happen. But i think he is just trying to hype ETH. It is not possible and we all know that there is no limit for the number of ETH being mined.

Where do you get such information. And who writes it at all. We were on the verge of a crisis yesterday. The danger has not yet passed. And you say $ 150,000. Return to reality. Not a pump in the world shakes this coin to such a price.

yup, ethereum is indeed no limit to the amount mined so that it is still an ambiguous thought. Maybe ethereum will survive because of the ICO or crowdfunding who still maintain the ethereum platform as their fundraising

Currently the price of Ethereum is lowly increase but still under $200. The statement in the news is joke.

What crisis? BSV? I'd hardly call that a crisis. It's actually a cofounder of Ethereum who is making this claim, and while we may disagree with him, he's anything but a joke. Just as there are bitcoin maximalists, there are Ethereum maximalists - it seems Lubin fits into the latter camp. There are quite a number of Ethereum maximalists in the community.

Anything is possible, but I doubt Ethereum can get that high. It has historical issues and good competition.
Clearly his optimism is based on Bitcoin bullish sentiment, but I'd read his statement more like "I am confident in Ethereum and you should be too". And his confidence is biased.

I now do not know who wrote the script. Claim this show your incompetence. Look at the market. For problems. If we solve all the problems in the market, it will be a different matter. In the meantime, the price will not rise above $ 500 and even for this we will need a couple of years.

Well that is his view, lets see what happens. Personally I think the price might increase but not that level but lets just give him the benefit of the doubt. If it get who won't be happy but I see it to be more of a dream.

I think it is indeed over optimistic. Though it still possible, but when it is happened, bitcoin and other altcoins price should be risen as well like the last bull run.

wow,, thats very optimistic prediction on ethereum
then how much the bitcoin price if ethereum price grow about $150,000 ? or ethereum will beat bitcoin in the future ?

for me thats sound impossible buddy, but who knows
anyway, i will be very happy if this predictions become reality  ;)

Yes this is part of speculation, so it's not surprising that they say it easily and optimism is very good, then back to the history of ethereum because I don't see that far, then is it true Ethereum is increasing so what about Bitcoin? I prefer Bitcoin as a good investment because it is clearer about its superiority and everything can happen in understanding Bitcoin when the market is in better condition.

No matter what happens to eth, I will hold some of it. Basically I only mined some eths and sold it when it was around 1k USD and now I stop mining due to electricity bills. But I kept my eth so if the price jumps to that speculated price then that would too awesome for us.

Every co founder should be saying the same thing about their creation.  This isn't news.  "Co founder believes in his coin". 

Being a co-founder, I expect him to be optimistic about the future prospects of Ethereum. But to be realistic, I don't agree with him when he says that ETH can reach a market cap of $17.5 trillion. The technology behind ETH is a bit outdated, I'd say.

Perhaps they have a trump card up their sleeve. Lubin also noted that they have big development plans. In addition, he may have slightly raised ;D the price in the forecast. This is often the case with crypto predictions. And also bias.

I think that Ethereum can greatly increase in price in the future, but I do not think that Ethereum can grow 100 times. I think that Ethereum will grow 100 times. It may be busy for 10 years.

I believe in ethereum, but that is of course, way too optimistic.
Analysts in the crypto world act as if their are no limits on value.
They, however, disregard crypto's relation to other markets and the overall global economy.
No market is in its own category, our world has become a place where everything is interconnected.
This makes it impossible for any one thing to have unlimited potential.

But with that being said, I believe eth to be the amazon of the dot.com bubble.
It will survive and thrive, and dominate other similar platforms.
It just has so many economic advantages now that can't be beat.
Thing slike market penetration and main stream brand awareness that other platforms aren't even close to getting.

It means that the total market capitalization of ETH will be 150 trillion Dollar, bigger than the Forex market, I think that's impossible. The target of the old peak of $ 1k4 seems more feasible, and more optimistic, is 2k ~ 3k .

he is the cofounder of eth and it is more than normal, that he believes in his own coin. i think a bigger price than now is possible, but a 1000x gain is really big and i would not rely on it. just because eth does not have a hard cap, i am skeptical of the idea that the price will eventually be $150,000.

To be honest i will be happy if eth hits 10x from here in next 8 to 15 months and i will be massively happy if eth hits 100x from here in 2021-22 and regarding 1000x i think it is a far away dream but i will not say that it is impossible when btc will cross 1 million mark im sure eth can hit that mark as well.

well that's assuming the above assumption are good.
even capitalist (dapp) platform ethereum for used phase is very significant from a wide variety of projects that still use the ethereum-based.

That statement is very optimism once, well we also have to be optimistic even more that was important with community support. possible to reach the value of that $150k. of course, the price of bitcoin should be comparable first, it was easy to guess sure is nothing a price of ethereum an above bitcoin.

Just relax brother ;D I really very happy discussing

It is unlikely that ethereum will ever even be able to rise in its price to $ 150,000. This could happen if there were several cryptocurrencies in the world. However, their varieties are now added. Moreover, new coins and tokens are based on the experience of the previous ones and thus the cryptocurrency is continuously developed and improved. That is, there will be no point in buying ethereum for a hundred thousand dollars if there is a coin like EOS with similar, if not the best, functionality that will cost only a thousand dollars. That is, competition among cryptocurrencies will only grow and this circumstance will not give an opportunity to raise the price for certain types of cryptocurrencies.

I don't know what people are surprise about this, what do you people expected from Ethereum founder, he needs to prop up his baby, I don't see Ethereum meeting its potentials reason being that many competitors and ICO game seems over with the launch of IEO. I see Ethereum being the fore-runner to project that will eventually be the Winner takes all in the space

ETH priced at $ 1,000 is possible. Because speaking of such a price increase, Joseph Lubin relies on some specific things. In a cryptocurrency, it is impossible to state or deny something specifically.  Only by analyzing in detail and examining a particular coin can we build an assumption about the price behavior.  As for ETH, the development team is seriously working on improving its coin transaction speed.  Sets specific tasks and finds a solution.  ETH has a very serious competition from TRX and EOS, who are also working hard on their developments.  Now there is a strong struggle for a leading position in the market, between these blockchains.  In the near future we are waiting for this news.

going up 1000x is very difficult. ethereum is not like it used to be, too many platforms are the same as ethereum. so I don't think this is possible, except the price of bitcoin is $ 1M.

I wish that can happen as soon as possible because im a long time eth supporter and accumulator i just can not wait to see eth at such high levels if you ask me for this year i will be contented with anything around $1000 per eth and next year im hopeful will be extremely bullish for both the eth and the crypto market.

I think will not happen, as already the founder of Ethereum say will not happen a new bull run which will grow the coin with 1000x or more, but a grow is possible, all depends on investors, miners and other people.

Technically its not impossible to achieve that forecast since the Ethereum ecosystem continues to grow, thereby having more uses cases than most other networks and could result in having significant value over time. And also, the fact that Ethereum has  a good, robust and continued development and has a pool of talented developers brings me more optimism about it and what it can achieve in the future.

what a load of tosh!

still - I'd be happy if it did happen

isn't this too optimistic?
1000x is something that is not realistic for now. a few months ago ethereum fell and it made many people think that it was hopeless. then suddenly they say ethereum will rise as high as possible.
, just because yesterday went up.
Come on ... I don't think it's just me who thinks it's impossible.

It's agreeable that the value of ethereum would grow astronomical in the near future, but getting a ×1000 looks unrealistic. From my perspective, it's only realisable when we get mass adoption of cryptocurrency. I sincerely would love to have such a high return from ethereum, but it looks impossible from our present stand point.

It's just fine to be optimistic but expecting too much is unrealistic as well. We all know that Ethereum could rise high as it did before but I guess 1000x is too much for us. It's profitable and has good potential in the future but it has limits. All in all, people will still be lucky if this happens. Most holders and investors are holding Eth.

In my opinion this is ambiguous and somewhat deviates from the concepts and ideology behind ethereum.. I don't think Eth will do 150k dollars any time soon... Even in 50 years.This is just hype that shouldn't be welcomed at this moment

As long as there are no obstacles in front of the crypto, we will see a better market in the future. Most of the useful coins in the market are not at fair price, and one of them is eth. 1000x a little too much, but can be.

That assumption  is still very possible provided Ethereum would gain the trust of most financial institutions. Given at least five years from now, when there will be more mass adoption for crypto,  we can already deduce who will be the dominant crypto network that will be the most viable of them all and I hope Ethereum will be the number one contender. :)

Am also bullish about the future of Etherum but I don't think it will increase like this within that short period of time but all the same, he is an insider and he knows what I don't know so it will be good for one to be on the safer side by holding some of it.

Yet, it still 6 years to come to the highest price of ethereum. You want to wait? I don't think anyone wanted to wait in that very long time. Just dont waste ur time and find a job rather than joining bounty!

if you really believe him that an altcoin with lots of issues and with unlimited supply and the current circulating supply of over 100 million can reach $150,000 then you must think that bitcoin that is the only decentralized currency that is working perfectly fine and has limited supply with a circulating supply of 17 million must reach $100,000,000 ($100 million).

that my friend is simply impossible.
in fact they would be lucky if ETH is worth anything more than $20 within 5 years from now.

So many developers are out hyping their coins.

Even if most of these coins will grow, I do not see them surge that much. A lot has also been said about bitcoin.

How I wished it could happen that way, but it is easier said than done.

I want to laugh ...
ethereum $ 150K, so then the price of bitcoin becomes $ 5M. this is very high and I don't think it will come true even in 2025. I appreciate her optimistic attitude, but if she says that. this is very unrealistic, and sounds like bullshit to me. maybe if he targets 5000 or 10000 I believe a little.

Only if crypto market cap will raise 1000x in 2025 :) But it sounds very unbelievable, so i dont think that its true and another thing is importaint, Vitalik is actually doesnt care about eth price:)

With that target, it's really  a big hyped and  an imaginable even those optimistic investors will not aim to that but achieving back the last height or double it up to maximized the profits, but reaching 150,000$ a big doubt and a huge amount of money to place inside this industry before reaching that amount
of value per ETH.

We have to stay positive and focus  but not too greedy to secure our assets and investment, future will be bright for people who have good anticipations
believing that the industry will boom again and achieve more.

ETH has a good team of developers and a close-knit community that gives the project great potential, but the last 1000x rise was due to the popularity of ICO on the ether platform, and the next one depends on many variables.

I dont agree whatsoever with him but people take price predictions too seriously.  Nobody can predict what will happen they are just numbers thrown up into the air.

This prediction is incorrect. There is no real data. Imagine ETH  Become Global Settlement , up to $150,000. I can't imagine, I want to say that you first solve the ETH congestion problem.

Well Joseph Lubin is much more optimistic then Vitalik Buterin in the question of ETH price  :) It is hardly to believe in such scenario even considering that I like Ethereum development

He has right to dream  ;D Ethereum even can't reach $1000 again if there's no big update, if they don't change the way how to use ETH. You can see, ETH is created to make a infrastructure for everyone can easily to create token. Ethereum DApps is left behind by TRON and EOS.

Once ethereum maximum supply limited as Vitalik trying to stop it for 130 million there chances of increasing price . If Casper POS implemented then ethereum price will skyrocket fro sure . Till that collect all the possible way of collecting ether. It is the only currency which has been used widely in crypto space.

Wasn't it enough to say that Ethereum nowadays is already globally competent? I think what they should focus is the great Ethereum blockchain adoptions to implement different ethereum Dapps to make the most out of their blockchain and to support the world with a service that is as fast as 30 seconds.

I think Ethereum will be here in the future. And especially in the years 2022-2023, I think the Ethereum price will be quite high. But the $ 150000 is too much. I don't think even the price of the bitcoin can reach that price. So this guess unrealistic to me.

I agree because Ethereum is one of the Altcoins that will be affected when Bitcoin's piice will go down. Hard to speculate but the possibility is always there. This could also be something that  make hype. The questionis when will it happen? And how long does it take for Ethereum to reach such all time high. Though we will never know about everything but still 1000x is too hard to believe for now.

It is absolutely possible if there can be a complete revolution in the market, revolution in the sense that all other coins are locked out of the market and converted to BTC or ETH for their projects, if BTC and ETH was the only standing coin for investors, traders, projects and institutions to use, believe me, it would not have been difficult.

Total market cap right now is over 200 billion dollars, out of which BTC is having like 80 billion and eth 18 billion, making it total of 98 billion, imagine that the only coin left in the market is BTC and ETH as an alternative, it means the whole marketcap outside that of BTC and ETH would have been in these 2, and before that 2025, it is likely they have multiplied to the amount predicted.

yes, thats right,,
and thats is one from many way to promote their product, make a hype for his own coins,,
i know ethereum is a great crypto but, i never think if ethereum will touch this point

lock all altcoins and leave bitcoin and ethereum. this is more unlikely because crypto is very decentralized, so nobody controls it then who can do that. everyone wants to get profit from crypto whether it's a developer or an investor. so this method cannot be applied for any reason.

ethereum reaching 150K is an extraordinary thing, if it becomes a reality I will be very happy. it's equivalent to my income for 15 years. but I think this is impossible and too much. doubling 2x or 3x may still be normal, the rest is only speculation without a definite reason.

Well for the fact that I know ethereum is a very a good project, it is next to impossible getting to that kind of height for now unless the ethereum team are planning of an upcoming event that would drive the price of ethereum high, because eth now have great competitors like Eos that even have much more to offer to the Crypto community, but if the price of bitcoin gets to $100,000 then I can say ethereum will also grow because it has huge trading volume than so many coins in existence.

Can you imagine? What will be the price of BTC then?
Yes, Ethereum is a good coin with great potentials thus having the ability to grow over time, but proposing this type of price is what I find totally hard to believe.
Well, let me say I understand him, that he is just trying to say ETH has all it takes to grow beyond imagination.

I want to believe that but I dont believe that. Just imaginate what market cap. shoud be if we are expect such a high price. My dreams is Ethereum at 1000$ But if it will be higher - that is also not bad.

This is serious, how can ETH rise to such price? How many years will it take if at all it is possible?
I find it difficult to believe, but that does not mean ETH isn't worthy or lacks the capabilities to grow; It does but this price looks unrealistic.
Nevertheless, I will keep holding mine but not with such price in mind

exactly, in any case the cofounder does not argue that the price will come down. everyone believes their project will be more valuable. honestly eth is not one of every shitty coin in the market, but 1000x is a little more.

I think no one know about 2025, what will happens, no one know about ethereum, but if we see from history chart, also the ethereum community, ethereum price will be so high, and i think, ethereum still be no1 altcoin, no one altcoin can defeat it.