Bitcoin Forum

Ethereum's native token (ETH) is on a constant uptrend in price as Bitcoin soars towards new ATHs. The "De-Fi" hype has been the major driving factor for ETH's recent price boost. High network load and high market prices, translates in ridiculously high fees to the end user making "De-Fi" impractical on the Ethereum blockchain. Yet, people continue to buy and "hodl" ETH like there's no tomorrow.

What I can't understand is how ETH has a high price when there's no hard cap established by the developers yet. ETH has an inflationary model where new coins are generated over time. It never hits the ceiling in terms of max supply. This should make ETH less valuable over time. But that's not the case, as ETH sits well above $600 per coin. Am I missing something here? Why is ETH much more expensive than Litecoin? I mean, Litecoin has a deflationary model (unlike Ethereum) with a hard cap of 84 million coins. If we base ourselves on this, Litecoin should've been worth a lot more than Ethereum today.

Thoughts? ???

ETH has real big usage:
- coins created there working as smart-contracrts, it is now 85% of all coin on coinmarketcap
- this year ETH also began the main platform for DeFi market

And you must remember that ETH still have not hit their biggest historicaly price - more than 1000$.

But real issue in speculations, because ETH old holders and users know all this this already.

Litecoin does not have deflationary model. Its inlfationary but with smaller and smaller inflation over time. BNB is one of few trully deflationary coins, should it be bigger than bitcoin that is inflationary too? No because this is only one factor out of dozens.

And litecoin is pretty much dead. Why anyone would want to invest in litecoin? Its not bitcoin (so no "digital gold" story), its archaic altcoin with huge competition. Etherum is used everywhere due to defi hype, new dex technology (AMM) that gives huge liquidity. In 2018 tokens were moving from ETH to their own chains, in 2020 they started to wrap back to eth to be listed on uniswap.

I am not gonna go into discussion about the supply of ethereum but ethereum after Bitcoin is the most prominent crypto currency.so you will definitely see a price bump whenever there is a bull run.

Most of the cryptocurrencies today are Ethereum based. Given the facts, nobody can belittle Ethereum. Ethereum may have higher prices. It has this potential and i think will perform better in 2021.

Because ethereum managed to get more community support than litecoin so the price per unit for ethereum is higher than litecoin which doesn't mean one coin is better than others.Litecoin is something similar to bitcoin but more suitable for smaller payments whereas ethereum network is more popular due to the smart contracts which is not possible neither in bitcoin nor litecoin.

The pros of the ethereum network outweighs the cons, and eth have developed a sustainable system for the long term, you could mention other coins as you did with Litecoin that are prolly doing well, or you feel should be doing better than eth, but generally what ethereum offers in the altcoin network is quite much, plus the use cases attracts investors in their numbers, that's why eth has a large community of investors and why the price is higher than other alts and it'll continue to appreciate the more.

Having said that, come to think of it, how many times have there been a so called 'eth killer coin', ever wonder why at the end, it's the coin that ends of being the deadcoin and not ethereum, it's cause it's actually not 'overpriced'.

I am completely agree with you that if we see a strong uptrend we can see eth will flying .So on the bullish market eth always sow the uptrend.The recent uptrend is so strong and possibly it will touch 1000$ soon .Eth is the top altcoin with huge amount of volume so we can see a huge bullrun after btc being stable .

You would have been right if Ethereum have no good use case, but eth is very useful, let's not forget that, again this is the second best crypto project, I believe DeFi isn't the only reason why Ethereum surge in price, bitcoin keeps taking the lead and Ethereum can't be left behind in this case

Maybe we should add some other factors as well. despite what the OP has explained, it seems like it is true. In terms of technology, I'm sure Litecoin won't lose to Ethereum either. but we are talking crypto here, where most people are still not very familiar and if they are retail investors, they also won't think about it that far. trend and also supported by the fact that ethereum has a very high user base is enough to make them have ATH above $1K, cmiw

You just took the word out of my mouth. I wondered why the OP missed all that you pointed out in the first place. ETH is yet to get across half of what it did at ATH in comparison at the time Bitcoin hit ATH in 2017. Bitcoin is >$31,000 at the moment while ETH still lags behind abysmally with less than 50%. Definitely, I am still trusting that it's yet to begin its bull run. But of course, what gives ETH the impetus of demand is its smart contract. Without that, ETH would've long collapsed.

In my opinion it is underpriced and it is good chance to buy as many as one can because after eth 2.0 full launch eth will become a deflationary project that will burn and reduce supply regularly so that is why im bullish on eth and im looking for serious bulls ahead.

We are in the extremly bool market. Greed index is in the maximum range. A lot of coins MAY be overpriced. However, everything will be normal while bull market is here

I agree Everything comes down to usage, I'm also wondering with its huge supply like all the other coins it should not go up to more than $500, but take up the numbers of new and old projects using its platform, you will be amazed on the figures and take a look at the many innovations and new concept that was launched and will be launch revolving around Ethereum, Ethereum is a revolutionary concept that has taken the Cryptocurrency industry to a new height.

Ethereum will have a deflationary pattern or inflation will be minimal. Now a lot of coins are mined by miners, but this will last no more than 2 years (as Vitalik promised us)
Ethereum will soon be burned after the EIP-1559 update.
https://twitter.com/econoar/status/1340890862662782976

ETH has just one problem that you are forgetting, it is "wanted" for many things, but all those things require you to use that ETH, meaning ETH will be bought and used so the price will go up, but so will the ethereum transaction fee as well, which sometimes makes things not worthy when you are a small time investor.

Definitely if you are investing 1700 dollars on some project, eth charging 5 bucks may not be a big deal, but when you get something free, and it worths 1 dollars, you can't even sell that because selling it costs like 3 dollars, so if you sold something you got for free, you are still down some money. Hence, I believe the reason why ethereum is so popular also causes it to not grow bigger at the same time, I know it is a bit confusing but that looks to be the case right now and that is about it. We need cheaper transactions without a doubt.

When compared to Litecoin which only has a max supply of 84 million, Litecoin is far less than Ethereum which has a supply of 114 million,
of course, if compared to that the Ethereum price is overpriced because Ethereum's fundamentals are better than Litecoin,
if we compare it with just one view, then that is a mistake, Ethereum has many ecosystems on its platform,
of course this makes the demand from Ethereum even higher.

Ethereum is not overpriced, it should be valued at more than 1000$ per coin because it is really a highly valuable Blockchain that is being used by thousands of humans. It's underrated for sure.

I am surprise you are still wondering why ETH is more expensive than Litecoin.  Isn't it established that the market is dictated by supply and demand?  And your question had been answered by your 1st paragraph.  Due to the community of ETH holding their token, the token in circulation is greatly reduced thus creating a scenario of "scarcity" in the market, making the price goes up.

I think it is unfair to Ethereum to say it is unfair, most of the innovations in the space is done on Ethereum, look at the transaction fees on Ethereum, look at the top 100 on CMC have of the projects are listed on Ethereum, I believe Ethereum will hit ATH soon when this Bitcoin run correct

No.

Let me quickly quote one of my aquaintances on TG:

"In June 2017 eth marketcap was 12x10^6 Btc, calculating with today's bitcoin price (not even adjusted for the change in btc numbers) this gives an eth estimate above 3000"

So i think we're about to see a new ATH

Also Ethereum was more than 1000$ at the time, when it have multiple time less usage, and bitcoin was at 40% less than this days.

Huge part of coins on coinmarketcap, based as smart-contracts on Ethereum aswell.

I don't think so. ETH has that power. That can still go a long way. Its consumption is also very high. And this is not a high level. It is also very POPULAR. There are many COINs that are ETH BASED. So it is not appropriate to call ETH OVERPRICED in this situation.

Considering that so many projects running on their blockchain and it's increases like crazy including the defi and stablecoins craze despite no hard cap established still kinda makes sense tbh. People uses ETH for various things.
Its price valued not by its cap but by how frequent its uses by people and that's exactly what altcoins should be for.

You can't compare ltc and eth, litecoin has nothing except mode of payment, there are bunch others which do the same. Eth is backbone of defi and bunch other tokens which has usecase.

I don't think ethereum is overpriced. On the contrary, this coin is still very underestimated. When Bitcoin climbed to $ 20,000 in 2017. ethereum hit $ 1400. Ethereum is currently being updated and this should have a positive effect on its price over time. Today alone, the ethereum price has risen 17 percent and has already exceeded $ 900. Hopefully this month we will see an ethereum price of over one thousand dollars.

We are waiting for another all-time high and that's why we don't think Ethereum is overpriced. I believe that in 2021 we will see a new ATH. The Ethereum team keeps doing a good job. They work very well and we know that many other altcoins are using their smart-contract idea. We know that there are many ERC-20 tokens. And people use the Ethereum blockchain.

It used to be overpriced in 2018 but so was BCH and many other coins. ETH doesn't even compare to shitcoins who really were overpumped at that time like Lisk or GAME.

If you ask mm, it's not overpriced right now. If we look at the whole market ETH actually has some utility and it has a lot of cons based on its contract that wouldn't exist without it.

You look at its price and think it's too high compared to some other cheap coins, but many of those coins are not used at all and don't have any purpose but to be used for trading and despite that they are still worth something.
 

It isn't overprice. As you can see there are lots of potential use in crypto market. The price of ethereum is reasonable enough because of the recent defi projects, it's smart contracts also one of the objective of eth that always been used in the crypto industry.

There is a remains strong since last year, there are other's prediction that eth may break out against bitcoin but then again who knows? Since ethereums showed massive potential growth and exponential progress from the past months, the price of it is still worth the value.

ethereum is one of the coins with the largest real usage. and possibly the best utility coin in history. if ethereum had the max count, wouldn't this be a problem later on. imagine if there is a shortage, and what about the GAS fee. this will be very expensive, and may create new problems. and for me the current price is not that expensive. in 2017, ethereum prices were above 1k. and now it hasn't returned to that price.

ETH still has a fairly low price until now, ethereum should have been much higher in price. Defi hype is still very good however trading on Uniswap until now the better the daily volume has increased greatly on the dex exchange and it's really crazy they spend eth with very expensive fees makes trades much higher investors continue to rise and makes Ethereum transactions even higher.

Ethereum passed $1000 today.
Its performance could be the result of a recent upsurge of interest in Bitcoin, leaving investors searching for the best altcoin.
XRPs recent collapse after a lawsuit by the US Securities and Exchange Commission may signal tougher times ahead for a coin whose market is already in the gutter.
Ethereum is most usable coin after bitcoin.

ETH prices have jumped like 40% today, and sadly I have to say that this spike is not going to last for too long. Many of the altcoin fanboys are jumping with joy, claiming that the altcoin season has started. I beg to differ. Whatever pump you are witnessing now, is not going to last for long. The reason is very simple. Altcoins are already overpriced, and very few of them have any real life usage.

I dont think its overpriced the ATH is at $1400 according to CG and its not even surpass at the moment you really did not understand how big this bull market today compared of that 2017 and alt season not yet starting its about to explode very soon.. and institutional investors are entering crypto this is the difference between the last bull I dont how many of them but huge money will enter the crypto market and its already starting I think $1k price of eth is really cheap for now.cheers ;)

Ethereum is gaining as most of the projects in the market are ERC 20 base that's the main reason for bullish Ethereum. Most of the new coins top priority is only the Ethereum platform and this trust makes Ethereum different from Litecoin. Eth is not overpriced as of now. As you know previous Eth ATH is quite higher than the current price so I believe Eth will also make its ATH again in the current bull run like BTC.

So how could we even say that some crypto is over priced?
We shouldn't really compare the supplies of other crypto just to say that they are over priced because if that is how you would determine it,
Then you could find more Alt-coin that would be over priced based on your statement.
Every alt-coin have their community and investor because of their product.
It just happen that ETH is useful for most of them that is why the price keeps on increasing even though it doesn't have a limit.

If you look at history from 2018, the data is correct, but can the price of ETH be judged from history? certainly not.
which I understand almost all Defi or tokens that are hype currently running are based on the ETH blockchain, which makes it more valuable than now because the usage itself depends on ETH.

I definitely feel ETH was overpriced during its run to the last ATH of around $1400. It was slow, it had only gambling dapps and scam ICOs, no real practical use.

Today it has slightly improved. ETH 2.0 is not here yet but there are Layer 2 solutions. ICOs are dead,,, yes replaced somehow by DeFi but those not to the ICO scale, and dapps are becoming more mature. Perhaps 1400 is not overvalued anymore?

Actually we can't all agree if its overprice or not, ETH is an asset that is based on supply and demand, so there's no such thing as overprice. If we are a trader, we look at the value at a given period based on the current situation, so at this time, ETH just pumped which based on my research the reason is not enough to reach that value, therefore I would say it's currently overvalued now, even bitcoin, but here we are at the bullish period, so things would pump significantly, and maybe just wait until it will dip again.

Overpriced or not, ethereum price already increases and finally, the price can break $1k. That is good news to us because what we expect to the ethereum can happen today. But after reaching the new ATH this day, ethereum price back to the lower price but it still above $1k. But the price can significantly increase, so I think ethereum is not overpriced because the price can reach the next high price.

I do not think that the price of Ethereum is overpriced because Ethereum is the most popular altcoin and the technologies and capabilities of Ethereum are the most popular and therefore the price of Ethereum can rise and rise, so at the moment the price of 1 Ethereum is only 950$, I believe that this is still very little.

I think it should be clear by the Eth developers about these token supply issues, It was always a hot topic about Ethereum when it comes to its total supply,  By the way, it seems that Ethereum investors and users have no serious reaction to this accusation or topic. Today Ethereum price was hit $1164 but the worst thing is the monstrous gas fees are so annoying I feel I was rob every time I'm sending Ether.

I agree with you, ETH is definitely the most asked for alt coin in 2020. Investors really like the coin, so saying that it is overpriced is wrong in my opinion. Ethereum and Bitcoins both have a good run at the moment. Even though prices are so high, I am not going to sell my coins. There is definitely room for improvements.

Nothing definite can be said about this. Ethereum was previously priced at $ 1,500, was it overvalued then? Then it dropped to $ 100. Was he underestimated then?
All these are rhetorical questions because the price is formed due to supply and demand and due to the movement of bitcoin.

I don't think you can compare Ethereum with litecoin,, Ethereum has many uses even Altcoin do Ethereum-based smart contracts they also hold on to the price of Ethereum.
This is a positive trend effect of rising bitcoin prices because Ethereum is the second favorite coin after bitcoin.
I hope with this trend long-lasting can boost the price of altcoins based on Ethereum,, after 2017 I think it's time for the highest achievement of Ethereum.

This is good news. If the "EIP" becomes adopted by the majority of ETH miners, then Ethereum will be able to become as good as any store of value (like Bitcoin or Gold). This is what we need in order to maintain ETH's price levels at their ATHs. Inflation does no good towards the long-term price of a currency. A deflationary model will only ensure prices go up all the way to the moon. Imagine ETH hitting $5k for the first time. It would make many early adopters insanely rich. Of course, I'm being optimistic here. But with ETH's ever-increasing usage and popularity, this could become a reality faster than you could ever imagine.

Whenever ETH is overpriced or not, will greatly depend on many factors such as supply, demand, and mainstream adoption. So far, ETH has high demand and mainstream adoption. But its supply is undefined. Until the network adopts the aforementioned "EIP", ETH will only be used as "digital cash" instead of a store of value. Just my opinion :)

That's great news for those who hold ethereum, I don't hold ethereum so the rise doesn't have any impact on me,
I think Ethereum has gone up too high, no matter the price of Ethereum will go up again or not, the price of 1k USD is the most expensive price in my opinion.

this is not how likely Ethereum will jump even faster, this proves that Ethereum is the strongest coin after Bitcoin

indeed, the price of ethereum is not overpriced, even its still low buddy, because i believe in the near time ethereum price will grow and touch more than $2000  my friend
regards

We are seeing the same old scams under a new name and the maturity of the market will be determined if they can sustain that in the next five years. I am not aware of ten ICO projects that are still sustaining and the amount of money raised are wasted and the developers made all the money and we will see how long the DeFi market will last. There are several changes in ETH 2.0 and only time will tell whether it can sustain the promises they are making this time.

Anything above $1k is high for ETH. Prices need to remain low for people to be able to interact with smart contracts on a daily basis. Imagine paying a fee of $100 every time you use a decentralized application. It's the reason why ETH developers didn't establish a max supply in the first place. The intention was to make ETH an inflationary coin that would remain cheap for smart contracts. It's not meant to be a store of value like Bitcoin. Unfortunately, the high demand is what's keeping ETH's price on its ATHs. We could say that ETH is overpriced by comparing it with other coins that have a limited supply such as Litecoin and DASH. That's largely because ETH doesn't have a fixed supply. In other words, its supply will grow indefinitely for the foreseeable future. Both Litecoin and DASH should've been worth thousands of dollars, while ETH should've been worth double digits in price.

Nonetheless, crypto behaves in many strange and bizarre ways. I've seen many worthless coins being worth hundreds of dollars in an instant. On the other hand, I've seen many valuable coins go all the way down the drain due to lack of interest from people in the mainstream world. Everything will depend on mainstream adoption above all else. The high prices explains ETH's popularity relative to other cryptocurrencies on the market. It's the second-most-popular cryptocurrency in the world behind Bitcoin. As long as this is the case, prices will go up regardless of ETH's current circulating supply. Just my opinion :)

I dont think its overpriced just take a look at the price of YFI and Bitcoin price. As long as Bitcoin goes up, ETH and other crypto will go up too. If Bitcoin is about to crash its price then that is the only time to sell the alts.

Litecoin blockchain only stores data about payments, so  users tend to experience  delays  when  making   transactions. However,
it would be slower than Ethereum if no blockchain was widely used that day. It actually makes sense to use Litecoin for payments,
since Ethereum is used to develop  potentially  world-changing  applications. So  ethereum  developers are  always experimenting
with good ideas. And that creates a stronger price.

No Not at all. Ethereum has a huge potential to rise further but I agree maximum supply is the concern for some people. Ltc is also a high potential coins but it should not be compare with Ethereum as Ethereum is the most demand-able coin because majority of the new projects uses ERC 20 platform to launch their new coins. They raise money in Ethereum that's the reason Ethereum is more demanding and high value than Litecoin.

Kinda true, there's just no right price for alts but instead how much people willing to pay for an alts at certain price point,
many people uses ETH in turn it priced quite high.
It's all demand and supply within market however if the price is kinda off 100% from its normal price because of pump or dump we could easily say it's overpriced or underpriced it's all relative to each people.

ETH deserves more price in the market as it's mostly used blockchain right now on DeFi, NFTs and provided also creation of smart contracts. The gas issues was already a problem nonetheless project still uses it because it's the more adoption towards smart contract projects and that gas issues will be solve if the eth 2.0 will be fully implemented soon.

Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.

It should be around 1k and it must be that consider the total supply of ethereum is not yet determined and the congestion that's always happening on its blockchain is really annoying for ethereum chain users,
People should have paid more than $10 to send some coins that worth less than it.
You can imagine and how frustate the little shrimp to use ethereum blockchain.

Actually it's based on how individual sees it, as long as the coin is legit, it's price could rise more and we never know if it's undervalued or overvalued since it has a fix supply with a possible changes in demand. So for ETH now, price has increased, it could be undervalued or overvalued, both are right as it depends on a lot of factors.

It seems to me that Ethereum is now more justifying its higher cost than before. Many buy now for the future so the price is too high and will justify itself only after a while...

I think the price is high for now. Because within a short time, the price increased very much. I think the price must drop a little to buy.

I am not agree with this speculation or you said ETH as overpriced. You can not believe where this eth will go in near future when the alt season will fully start. The pump what was happened is just following the btc trend. So the real drama is front of us. Just keep sometime to btc and wait to see it stable. Then alt season will start to be more bullish.

yes it depends on the individual because if you are poor you will say that it was over priced but if you are rich you will say that it wasnt really over priced but eth supply isnt fix because its supply is unkown .  

they only have an estimation of its supply around a hundred million and i think that was alot and if supply is high the coins price wont grow verry huge  .
 
eth being overpriced can both an issue and a contentment depending on what status you have , if your rich or poor  . im poor but i like this price of eth better

How to determine the value of cryptocurrencies in general? Especially considering the aspect that all altcoins are somehow dependent on bitcoin.
Thus, they do not have their own value as it should be, their entire value is dependence on bitcoin, which means that all altcoins are overvalued to one degree or another.

When you are paying 10s of dollars just to use a dex or a gaming dapp, you know the price of ethereum is overpriced. If I have a coin that's valued at $20 in total, I'd be losing more than that value if I wanted to exchange that ERC20 token to ehteruem. It's not a large problem with bitcoin as it's already being used as a manipulative coin and has no real use case but ethereum powers thousands of dex and dapps, such high fees on ethereum would practically freeze their operations.

The cost of cryptocurrencies is determined by the number of users, demand and application of these currencies in practice in life.
Governments print massive amounts of money, driving up inflation. This cannot last long, so the fleeting financial system will die.
There is no need to look at all the coins, conduct an analysis and choose the most useful ones for the future development of the economy.

Mostly the price of all altcoin including ETH was depend on the value of the bitcoin.When the price of bitcoin had reduced same will reflect on the price of EThereum,litecoin,Ripple and most of the altcoin in the market.So the price of bitcoin will determine the price of other altcoin.

The investor's interest in Ethereum is greater than that of Litecoin. Even though Ethereum does not have a supply limit, the smart contracts owned by Ethereum are a very powerful mainstay to increase investor interest. The Ethereum smart contract also has a great opportunity to increase the price of Ether, because the investment in the token goes through the Ethereum smart contract. The issue of the emergence of Ether2 can also change one's mindset towards Ether.

no, ethereum price will grow higher mate, thats why the price at this moment isn't overpriced
even in my predictions ethereum price will grow and touch about $3000 in this year

even some people predict ethereum price can grow and touch about $5000 and i believe that, but maybe not in the near time
thats why now the price of ehereum is not averpriced

This price range for ETH is same like 20k range for BTC. Here is a big resistance. When we successfully break this barrier the price of 2k will be very real. And from that it can go much higher depends of the global situation in the market.

I don't quite agree with you, I think the price of Ether is not overpriced now, but in early 2018 it was overpriced

pretty simple answer
Since ethereum is a coin with a large community and the ethereum platform is mostly used by all projects in crypto, it's no wonder that ethereum is number two and gets a high jump as bitcoin continues to grow, ethereum still isn't that expensive at the moment, and it will continue to grow.

It is just in light of the fact that practically all coin in crypto market are utilizing Ethereum blockchain in addition to the trust of the individuals utilizing Ethereum. It will consistently follow the upswing of bitcoin on the grounds that it has a higher volume and the main altcoin in crypto market.

https://t.me/Pro_Blockchain/11487
"Historical highs for Ethereum (#ETH) on different exchanges:

Binance — $1440.
Bitfinex — $1424.
Poloniex — $1424.
Bittrex — $1423.
Bitstamp — $1420.
Coinbase — $1420.
Gemini — $1420.
Kraken — $1595.
Huobi — $1422. "

I don't understand how ATH is calculated  :)

As they always say, "the sky is the limit". While theoretically Ethereum should have a lower price than Litecoin, the demand for ETH on the market is booming. People are quite fond with ETH than they are with LTC. As long as this is the case, ETH's prices will be a lot higher than LTC's. Things will be better for Ethereum if the team decides to adopt a monetary policy (just like Ethereum Classic did some time ago). This will ensure ETH remains scarce, mirroring Bitcoin in every way. Combining scarcity with smart contract functionality should bring the best of both worlds into the ETH ecosystem.

For now, let's focus on the next big upgrade (dubbed ETH 2.0) that will make Ethereum faster, cheaper, and stronger than ever. dApps should be able to benefit the most as fees reduce by a large margin. Whenever ETH's price will go higher after the upgrade or not, will completely depend on the level of demand on the market. At its current state, I'd say that ETH is overpriced. But everything could change as the ETH dev team adjusts the cryptocurrency's economic model. As far as Litecoin is concerned, I think that it's a great alternative to the Bitcoin blockchain. With a limited supply of 84 million coins, LTC's prices should be a lot higher than what they are right now. But the lack of mainstream adoption, explains it all. Since ETH has higher adoption than LTC, one would expect Ethereum to remain on top of Litecoin for a very long time. Just my opinion :)

The main point should be on the genuine idea created by the ethereum foundation. The smartcontract itself being used by so many new services started from the defi, lending and many more.
This is making the current price of ethereum is still undervalued. the community should be an additional aspect of why ethereum is still undervalued.
I think that this coin is not overvalued yet consider from various factors.

Gonna be a tough one considering Ethereum is uncapped and the price could just stuck and go down overtime because the whole supply is like unlimited and considering how big market capitalization ETH gonna have if the total supply is so much you will lost count and is still uncapped. Bitcoin which only has 21 mln capped could become this big, ETH will require much more trading volume and liquidity and that for sure to reach $5000

you should compare it with the old ATH of ethereum and it's not so expensive as the old ATH because the old ATH is not yet reached dude.
A few days ago the price of ethereum down again to the 900 range and that means the possibility to buy ether at cheap price will always there.
ETH is not over priced at this moment.

It is difficult to say where Ethereum will move in the short term. Everything will depend on the global market movement.
As for the long-term, it is obvious to me that the price of Ethereum is still far from its limits, because Ethereum 2.0 has not yet worked at full capacity.

On the contrary, I think even now the ethereum price is still too underestimated. It should be borne in mind that the high transaction fees in the ethereum network arose precisely because of the high demand for this coin and the popularity of its platform, while its scalability is still low. This issue should go away soon as it gets updated as part of the Ethereum 2.0 improvements. Taking into account the role that ethereum plays today in cryptocurrency, compared to Bitcoin, it should have a price of at least 3-5 thousand dollars.
This coin is increasing in value and with its expected renewal.

currently eth price movements are quite active in the market but it looks like eth is still having trouble breaking the $1,300.93 price barrier and of course the current eth price is not the highest price ever because as far as I remember in 2018 eth actually reached that price of $1,423.20 and of course of course if eth is able to break the $1.3k price barrier it is unlikely that in the near future eth will be able to pass the all-time high price record, with eth price movements currently active it is of course still a good opportunity to buy and invest in short term systems.

I agree with you but my prediction is even more bullish. I think Eth will even reach 2k pretty soon. If you pay close attention to economy you will see a lot of people invest in crypto cause of the current situation. Money is being printed more and more and that will bring the price of dollar and other fiats lower and lower so safe place to save investment is crypto. Expecially btc eth and othee top 10 cryptos.

In my opinion ethereum is over price now, it should be below $1000 as long as they can not fix transactions fees, with these madness transaction fees no retail investor will come to project which use ethereum.imagine if ethereum price reach $5k. How much we pay the fee for trading transaction on uniswap.

No and I believe that the value is below what it should be and we can analyze the trajectory of Ethereum and its true value for society. With a deep analysis has streamlined and improved the project creation system by shortening the time to create a Blockchain and this process has positive and negative points.

Positive: Accelerated the market and the creation of projects.

Negative: Saturated the market and created laziness among developers.

Overall Ethereum revolutionized the world of Tokens.

I think that it is not overpriced yet, there are few important points that eveyone should know:-

1) There is a heavy usage of ethereum as most of the De-fi projects build their smart contracts on ethereum blockchain.
2) A large amount of ethereum coins are staked in ethereum 2.0,so there is less supply of ethereum in market.
3) As the institutions are taking interest in cryptocurrency, at present ,after the bitcoin only ethereum coins have potential to be adopted worldwide as bitcoin.
4) So keeping these points in my mind, i think we can see ethereum crossing $2000 within few months..

I guess you're right. Ethereum's current prices reflect its level of demand on the market. The higher the demand, the higher the price will be. I think that current prices are fair, considering that most tokens and dApps are developed on the ETH blockchain. In this regard, the world's second-largest cryptocurrency by market cap has a huge advantage over its competitors. Chains like TRON, EOS, and ADA are better technically-speaking, but they lack mainstream adoption. It explains why they're much cheaper than ETH in terms of Fiat. Ethereum's level of development, innovation, and mainstream adoption, makes the project as good as Bitcoin. I wouldn't say that ETH is overpriced since demand is soaring towards new highs.

Nonetheless, people have different perceptions when it comes to ETH's price. What ultimately matters is utility above all else. ETH lives up to its name by being the decentralized "World Computer" backed by many people worldwide. The ever-growing number of dApps and tokens shows us that it's extremely popular in the mainstream world. As long as it stays that way, it won't be going anywhere. ETH may outlast its rivals in the future, as they're unable to compete with it. Who knows what the future will bring in this wild and crazy world of crypto? Just my thoughts ;D

https://i.ibb.co/B2DrmDR/Untitled-2.png (https://imgbb.com/)

To be honest Ethereum has just broken out of its long perhaps over 3 year of downtrend and accumulation phase so now it seems like a complete trend reversal and i do not think it will end soon or for cheap and the new all time high peak price for ETH will be insanely huge this time around.

in the last few days eth has continued to experience price correction from before which had experienced a decline but within hours the price of eth returned to rise and of course this is a good opportunity for us to get profit, as traders of course doing short-term trading in conditions like now is a matter which is quite good, now the price of eth has reached $ 1,399.87 and it does not seem to be ruled out if eth will be able to and can even exceed the all-time high of eth price in 2018.

The high price is due to the fact that there is a lot of demand. And as we know from the lesson in economics, the higher the demand, the more supply. And of course the price will be high. Everyone uses it and wants to use it because of its simplicity.

if the demands high, for sure the price will growing because of that,
and i think this is only the beginning from ethereum price to hit the first target, wich mean the past ATH and the next target could be create new ATH
i believe everyone will see ethereum run above $2000 in this year after the price break its ATH

that's why ethereum is not over priced. I have been thinking about that too and this time ethereum grows steadily. People should aware about that dude.
People are using it caused by they can get a lot of advantage from it and the majority of defi projects were also using ethereum. It's not only the ethereum community but so many icos and ieos that used ERC20 were getting a lot of usefulness from the ethereum EVM.

In my opinion, ethereum remains the only altcoin that is under performing. three times have it tried to move pass it ATH but goes below. other altcoins has move about their ATH and almost double or tripple it. Ethereum is not over priced but has more use case than all the cryptocurrency including bitcoin. i persoanlly perfer ethereum than bitcoin. the problem is the current fees.

The price value of Ethereum at the moment according to the coinmarketcap was over 1250$ plus.
It increased due to that there is a high demand, the more it gets higher is more chances for ETH to increase a lot in the
market. Perhaps, they're are also a lot of ETH buyers who had plan to hold it in the long term I guess.

etherium is an altcoin that already has a large community in the crypto world so it's no wonder that etherium itself is getting more expensive in the future, besides that there are a lot of investors who believe in etherium and keep their money in the form of eth for both short-term and long-term investments. that's the reason why etherium has always been stable in price and on the rise.

With the current state of Ethereum right now, I don't see that it is overpriced at all.

It maybe near at its previous ATH last time but many believe that it will surpass that price anytime soon. We already know that Ethereum is the most used blockchain by these new projects and those new DeFi projects and possible that more and more projects will be created under the Ethereum network. Yes it has competitors like Polkadot, Tron, Cardano etc. but they are still using ETH for some reasons. Add the fact that it is the top 2 coin right now in terms of market cap, many investors will pick Ethereum as their main altcoin to invest their  money with aside from Bitcoin.

of course, because etherium does have a lot of primaries from investors and the community that does hold etherium in large quantities and for quite a long time. So it is not surprising that the price of etherium is very high and the movement on the exchange can be said to be quite fast. and I think etherium will be a favorite of many cryptocurrency users that's why etherium is strong in holding prices steady in the sense that it doesn't fall easily in large numbers.

The increase in Ethereum price started when upgrading to Ethereum 2.0. This upgrade process is carried out in stages and starts at the end of
December 2020. Indeed, from the beginning Ethereum was created to complement the weaknesses of the Bitcoin blockchain network, which do
not have smart contract features. Therefore, it's no wonder that many predict Ethereum to be a replacement for Bitcoin, because now Ethereum is
a crypto asset with the second largest market cap after Bitcoin. Although I myself do not agree with this prediction.

Another factor that made the price of Ethereum soar was the hype that DeFi projects were using the Ethereum platform a lot. So with all the factors
I have already mentioned it is very reasonable that Ethereum's price is getting expensive, and I don't agree that Ethereum is being said to be
overpriced.

I think this is the normal price for the time being. Ethereum is now in great demand in the market and there is fundamentally no reason to believe that this will change.

You do have a point there, mate. ETH is more than just a coin. It's a platform where decentralized applications are built. This means that ETH's use cases are not limited to finance. We could say Ethereum is much more versatile than Bitcoin in this regard. As dApps rely on ETH as "gas" to perform network operations, the demand of ETH is relative to its usage in the mainstream world. I've seen somewhere that ETH has a higher transaction activity than Bitcoin itself. The high prices on the market tells us that it's extremely demanded by individuals, investors, and traders alike. ETH would've had a higher price than Bitcoin if developers would've imposed a hard cap in the coin's supply. With a fixed number of ETH that will ever be mined, its price will only go higher for the foreseeable future.

At least, the ETH blockchain works as intended by providing a decentralized "World Computer" for the masses. It may be expensive and slow to use at times, but it's still better than Bitcoin. We cannot compare Ethereum with Litecoin directly as they're completely different things. Litecoin is built only for finance, while Ethereum does that and a lot more. Ultimately, the market will decide Ethereum's price as mainstream adoption grows. Whenever it's overpriced or not, that's up to the investor to decide. For now, let's focus on ETH's utility to make the world a better place. Just my thoughts ;D

Maybe Ehtereum has a higher price, but if you see the future of Ethereum then you can understand the reason. Because it is the most potential altcoin in the crypto market. The market says end of the 2021 Ethereum will reach $2000.

I guess you're right. It's all about demand/mainstream adoption, than anything else. ETH's demand is soaring like there's no tomorrow because of its usefulness compared to other cryptocurrencies on the market. It's as good as Bitcoin is right now. People are pouring money into ETH like crazy, despite being inflationary by design. If the trend continues, ETH could easily hit $2k - $3k by the end of year.

Still, I believe that transaction fees are quite overpriced. Paying upwards of $20 each time you interact with a decentralized application is not economically feasible in my opinion. Only the wealthy will be able to pay high fees to join in the "De-Fi" craze. Fortunately, the ETH 2.0 upgrade is slowly being introduced into the Blockchain. It shouldn't be long enough before we get to experience a slight decline in fees. ETH will only get better as new network upgrades are implemented over time. Prices per coin are largely determined by people in the mainstream world just like it's the case with Bitcoin and any other cryptocurrency on the market. Whenever ETH is overpriced or not, that's up to you to decide. Just my opinion :)

Ethereum is un-matched in case of practicality, use cases and mass scale use both by developers and end users so i do not think that ethereum's comparison with LTC makes any sense. Obviously litecoin is a big and prominent project as well but still it has no competition at all with eth as eth is a much bigger ecosystem and business.

comparing ethereum with litecoin is not fair buddy
because ethereum has a lot of features rather than litecoin especially eth is the first smart contracts plaform in this crypto world
and for me ethereum price is not overpriced

the fact that majority of project utilises the ethereum blockchain makes it more valuable even though its not yet capped. now that some development is going on to make it more better, gas fee seems to be a threatening thing for new projects on the chain, this is a very big issue currently. which is why new projects and some old are migrating to others chain. having successfully surpassed the previous ATH, i am confident it will set a more higher one before any retracement or big dip.

For all the advantages of Ethereum, the coin is going through difficult times right now. I am sure that the developers are aware of all the risks and do their best to cope with the load as soon as possible. But the steady growth of ETH inspires confidence and calm. It remains only to wait for the blockchain to stabilize and the price of commissions to decrease.

because Ethereum is more popular and of course the first smart contract project is Ethereum, so it is only natural that the price of Ethereum is higher than the same project as Ethereum and in my opinion Ethereum price is not overpriced, because Ethereum is not a stable coin and there is no limit to the price of Ethereum, so Ethereum price can increase at any rate, even the price of Ethereum could increase by more than $2,000 in the future, because anything can happen in cryptocurrency (including the price of Ethereum which has risen very high).

The fact that the fee kept increasing despite it being really expensive means there's a lot of transactions going on out there which reflects the demand.It's not gonna go down anytime soon if you correlates the fee with the price and whether ETH is overpriced or not, considering all the dapps and how the ecosystem has grown so far it's safe to say that it's not really overpriced. Not to mention the development of dapps that's really fast in Ethereum blockchain.

The valuation of Ethereum as with all altcoins is subject to Bitcoin cycles. Until the moment Bitcoin reaches the top, Ethereum with all the rest cryptocurrencies together will keep rising. It did a new all time high, making it at least not worthless as XRP, BCH, BSV. Only a handful of older coins did that and all the rest are too far from their ATH.

Which altcoins were dominating in 2017-2018 except Ethereum? It was Litecoin, NEM, Dash, XRP, ETC, Monero, Bitcoin Cash, and a few more that were pumping with an army of trolls behind them like Verge, Tron and others. Ethereum is the only one that made it to a new ATH, while the rest are still down between 80-95%.

Most of the altcoins we see today are in the top-50 they are overvalued, but Ethereum is a mystery. I am 100% sure we will be able to buy 80% lower from today's price, perhaps a year or two later, so for this reason I am not recommending investing in it today. However, for short term traders, it could be great, since Bitcoin can keep rising for a few more months, while Ethereum will keep following. So, for the short term, it is not overvalued and in an altcoin explosion term, it could double or higher, however, I will rebuy Ethereum at very lower prices as an investment and if it manages to scale and have low fees of 1 gwei.

I think ETH (https://trade.kucoin.com/ETH-BTC) is not overpriced. I actually think its much more expensive that it should be. Considering it is used by many projects such as DeFi's, it should have way higher price than it should have. Now that it hit around 1,600$, I doubt that people will get it less than 1,500$ anymore. Fees are the real problem with ETH right now. ETH do get a new ATH but gas fees sure is hitting new highs too which is so frustrating. Volumes are still coming to ETH coz of DeFi support. DeFi and ETH 2.0 launch are the main things that keeps ETH going.

I agree with you if Ethereum is a very useful project, so in my opinion the price of Ethereum is not overpriced at this time, because with a very good project from Ethereum, then of course the price of Ethereum is still very cheap and I believe that the price of Ethereum will continue to increase very high from the current price.

homework for the ethereum development team to be able to solve the transaction fee problem that has always been a complaint from ethereum blockchain users. I read that it took me more than $ 20 for a token to exchange transaction. others have had a more expensive experience. but in terms of the price of the ETH coin, it can actually be more expensive and not too expensive when looking at how to use the platform and network as described by the OP. the problem is the transaction fees as you experience many ethereum blockchain users.

i think Ethereum current blockchain congession which results to the high gas fees is the reason the price maintain a steady momentum. Also not been able to move pass the 2000 dollars price mark. this particular problem happened in the btc network and was resolved immediately. yet ethereum has been struggling to resolve there gas fees issue making it impossible for low come traders to buy/sell tokens.

That is right when BTC starts getting up, ETH is getting also up. No doubt ETH will keep price increases and as you above mentioned ETH has a very large supply, this affects also ETH price. ETH is making the best in its own history. But everything is possible in this world, none can predict what will happen. We will see what happens by the end of this year. The high correlation rate is the main factor that decides the future rate of altcoins, paying attention to the total correlation rate can help you to understand the market movements and predict it in the right manner.

Maybe that causes eth to have a high price, because most of the crypto users use eth as a daily trading transaction activity. but my explanation is not meant to belittle Litecoin. because I also have litecoin

There is no homework needed to be done, eip 1559 is there to drop the price of transactions for sure, all the "I will bid higher to get my transaction first and faster" will be done, and the price will go back to normal levels. That is just what they are planning on doing right now, that is the quick solution, and not even a permanent definite solution.

For that you have to wait few years, and price may actually drop during that period and I really hope it does because I will buy cheaper and cheaper, but the real change will come when it turns to proof of stake.

There is a huge bomb waiting to explode as well, a lot of unwanted small tiny things all clogging the market, when that proof of stake comes that will be all passed as well, there will be bigger blocks and there won't be any problems with miners requisition ton of money, so I hope it will be fixed. There is no guarantee of course for any of this to happen, but it is at least the path we already have.

The five stages of grief are:
1    denial.
2    anger.
3    bargaining (You are here).
4    depression.
5    acceptance.

In fact, I think ethereum deserves a higher price than now, because ethereum has become an important part of the crypto world, and the advantages of ethereum's smart contracts make it the most widely used smart contract.

Compared to BTC i really don't think that ETH is overpriced. Just compare the functionality of those 2 projects. Of course bitcoin still has the advantage that everyone outside of crypto thinks about bitcoin first when they here someone talking about cryptos.
ETH offers just so much more with smart contracts. Just look at the defi hype. Defi is only possible because of the smart contract feature that ETH has. Of course the fees at the moment are totally insane, but ETH is already working on a solution for this and ETH 2.0 is progressing.
So i can imagine that ETH prices keeps on climbing in the next years.

In order to explain why there is no real "cap" on how high ethereum can get, let me show you a great example totally related to this topic. When this topic was created ethereum was under 800 dollars, it was around 770 dollars and that was basically deemed too high for etheruem, considering the high fee's it should not go any higher without fixing that problem first. Now the price of ethereum is actually 1700 dollars, and the transaction fees were above 20 dollars just a day or two ago, and it is seriously very expensive to this day.

This shows you that ethereum doesn't really have a cap, it is unlimited at this point, sure it could not be 1 million dollars per ethereum, but if you think "it is going down NOW" all the time and it keeps going up one by one, that means you are constantly wrong, it may not skyrocket to 10k+ soon but it will keep going to 1800 to 1900 to 2000 and so forth over time.

Bitcoin has worse scaling issues. Do you think it's over priced too? In my opinion ethereum is not overpriced .

Eth is really useful in terms of having transactions and as a mode of payments or any transactions that not really stay in our wallet for long that causes the price be these way and not too high, I don’t think it’s overprice, it’s already too late I guess from what price in can be just like in 2017 ath of btc and eth. What really overpriced in eth is its transaction fees with late response that makes some investors shift other platform.

Of course you are missing something when ethereum costs around $ 600 you don't try to buy it and hold it.
and currently the ethereum price has reached $ 1600.
But it's not over yet, because altcoin season isn't here yet and you have the opportunity to buy and join the altcoin party this year

The price of ETH has rallied once the market turned to bull run and the entire run was made possible because of the bitcoin halving but the hype behind ETH started because of their plans on upgrading their network which will sort out majority of their problems in paper and they are changing the fundamentals from POW to POS, we will have a clear picture in a few months if the transaction charges issue will be sorted if not the price will dump.

No, both Bitcoin and Ethereum aren't overpriced. The prices of crypto coins are growing during the bullish season, so it is not so surprising if we see the price increased very big. We also must know if the prices of crypto coins have no limit to increasing, it is volatile and ready to soar or drop any time. It already happened for Bitcoin and Ethereum prices.

This is a good post, even if I disagree. But the race is never won by the car with the most features. Its more about fun, usability,
image, acceptance, community... Story telling.

There is a lot of projects that can do the same ETH can do. Some do it worse, some do it better. The best example why ETH has
no intrinsic value or found a real use-case yet is the recent crash to $1400 from $80. Could an average person even understand
or ever use ETH? Will there ever be a true value in being able to buy and hold 1000 different tokens?

Theres also some other, smaller isues. Like ETH smart contracts not being exactly raved about by the dev community.

Unless you bought ETH for a few dollars, I dont see why you would even want it to succeed? Lets have a project that
everyone of us can have a part of before the billionaires get in.

Ethereum is a blockchain that was developed to support scripting and the creation of decentralized applications and 'smart contracts' through its virtual machine (EVM)

if you ask me is ETH overprice or not, in my opinion, ETH is not overprice, i still remember bought ETH in 2017, and look at its value right now,
it keep increasing, i think the price is not overprice, you can still invest your money in ETH even now.

I don't think it was, since the beginning ETH  (https://trade.kucoin.com/ETH-BTC)price is too little to notice, same with other altcoins. ETH price right now is because of the past year that it accumulate in the crypto market.

Its not ETH that is overprice but the gas fees!!  :D ETH (https://trade.kucoin.com/ETH-BTC) volume sure is getting bigger even with high gas fees. This I think they should focus more when they launch ETH 2.0.

Couldn't agree more with you, mate. If Bitcoin goes up, so will other altcoins on the market. Ethereum is no different than the rest of the altcoins in this regard. It's very close to Bitcoin in terms of market cap, so we should expect it to "mimic" Bitcoin's price movement on the market. As of today, Ethereum is almost worth $2k per coin. This, coupled with increased network activity, should make fees (in terms of Fiat) soar like never before. From an economic standpoint, it's not feasible to send micropayments across the Ethereum blockchain with ridiculously high fees. "De-Fi" cannot achieve its full potential this way. It's why I think Ethereum is extremely overpriced these days. I find it odd for an "infinite" cryptocurrency like Ethereum to be as valuable as it is right now. No fixed supply, means inflation in the long run. Things would've been different if ETH devs established a hard cap in ETH's supply. They should copy the Ethereum Classic project's "Monetary Policy" if they want Ethereum to sustain its value for a long time.

Nonetheless, prices on the crypto market are getting insane these days. There's a lot of hype surrounding "De-Fi", the ETH 2.0 upgrade, Dogecoin, and now, Bitcoin itself. We should expect ETH's prices to go higher in the upcoming months due to "FOMO". But know this, once the hype comes to an end, ETH will be back to the way it was. Fees will become cheaper, while price per coin will decline. We just have to be patient until that time comes to use the ETH blockchain more thoroughly. At least, developers are working hard to make ETH economically-feasible in the long term. As long as the network remains decentralized, there should be nothing to worry about. Just my opinion :)

hahaha yes I agree with the gas fees, Im glad Ethereum price is getting its bullish momentum but its gas fees is also getting its high momentum which is hurting my profit with eth hope they fix it and focus on it.
"Ethereum Average Transaction Fee is at a current level of 22.54, up from 17.88 yesterday and up from 0.1339 one year ago" Vitalik Buterin should do something about those fees

Yes, the increase of ETH price is certly connected to the big usage of it, but in this period it's only speculation. A lot of cryptocurrencies are connected to eth blockchain and this makes it almost irreplaceable. By the way also with ETH 2.0 we had a great increase of value, this is the demonstration that with improving the value of projects increase

The vast majority of the digital currencies today are Ethereum based. Given current realities, it's not possible for anyone to deprecate Ethereum. Ethereum may have more exorbitant costs. It has this potential and I think will perform better in 2021.

If Ethereum will not find a way to compete with its children (EOS,XTZ,ADA,BNB,DOT,LINK and many more) it may fail in the future. Today, I agree, Ethereum is the standard choice for devs and projects but let's be honest, with the recent gas fees spike, it is losing ground a bit.
I am very curious about the outcome of ETH 2.0 which I do not see ready to compete with its successors.

There is no other altcoin that made it on top which its ecosystem is also related to other altcoins. It's no wonder the price of other tokens rises when ETH rise. ETH isn't overpriced.

But would it change this time not that gas fees are tanking and the transactions of ERC20 tokens are getting lesser?  I'm not sure if there is a casino base ERC20 tokens that it has to be sent every now and then but if there is, it will greatly spend a ton of ETH fas for the casino function.

If you consider there is no hard cap to the amount of Eth that can be generated, if I was an Eth holder I would be somehow worried. Eth is no more than dogecoin in terms of supply right now, because until they do not decide how many ethers there will be, I can easily say that ethers are overpriced.
Not having a cap, it makes eth worthless like fiat money.

increased supply? what do you mean by increased ethereum supply? isn't one of the purposes of the ethereum 2.0 update is to determine the supply that will circulate in the market? I don't expect ethereum to have such a huge supply. the 2.0 update that was just running was already getting the market pumping up. This will last quite a while, but be aware of bitcoin.

If its overpriced, do you mean its will be a big correction near this time?
Im hesitate to have any investment to Ethereum at this moment and try to my luck with EOS.

Anything can be overvalued in a bull market, but not tokens from the top 10. It seems to me that ETH, like other top 10, will add at least x2 to the prices that we see on the market today. But there may be a different outcome of events.

The greater part of most altcoins  today are Ethereum based. And Given this current realities, it's not possible for anyone to put down Ethereum. Ethereum may have more exorbitant prices this year as you can see if bitcoin goes up ethereum also goes up .It has this high potential and I think will perform better in 2021 after falling short for like 3years

Agree with you, Ethereum is my all time favourite coin and it has great potential and this time ETH will shock everyone by Making new records as bitcoin shocked the crypto world by reaching 50k $ milestone. After bitcoin every big trader have trusted ETH over all altcoins. And this time ETH will reach 5k$ by the mid of 2021.

In my conclusion it has potential to rise more and it is nice chance to purchase as numerous as one can since after eth 2.0 full dispatch eth will ended up a deflationary venture that will burn and reduce supply frequently so that's why im bullish on eth and im seeking out for genuine bulls ahead.Ethereum isn't overpriced, it ought to be esteemed at half of BTC per coin since it is truly a profoundly profitable Blockchain that's being utilized by thousands of humans.Ether could be a coin with incredible future i think who missed the BTC party can connect ETHER.

According to historical data ETH always keep a good co-relation with BTC by keeping it 1BTC = 32ETH. So if ETH hit $5k then BTC price should be around $150k. This number is quite high but achievable because of the hype about crypto this year. As soon as the crypto market cross 1 trillion it didn't take more than a month to cross 1.5 trillion. This is a clear indication of mass adoption, institutional investors, and hype about it. But there should be a big correction before that could happen.

That's exactly my point. ETH is just like DOGE in the sense that both coins have a huge supply of coins in circulation. Unlike Bitcoin, ETH is an inflationary cryptocurrency with no fixed supply. How can something as infinite as ETH be extremely valuable today? It doesn't make any sense. This goes against the rules of supply and demand. But in crypto land, anything can be expected.

If this keeps up, we may see ETH heading north of $2k per coin. The higher the price in terms of Fiat, the more expensive it'll be to interact with decentralized applications. It greatly defeats Ethereum's purpose of being the "World Computer". There's a reason why developers made Ethereum as an inflationary asset. That was to keep costs as low as possible. Even if ETH scales with upcoming network upgrades, running or executing smart contracts (dApps) will be unfeasible because of the ever-rising market prices per coin. Things could change if ETH adopts a monetary policy like ETC did some time ago. But the odds of this happening are very slim. Just my opinion :)

I don't think the supply or the lack of a fixed number is a disadvantage for Ethereum. With it turning into POS, the yearly increase would be below 10% which would be necessary for utility token like Ethereum as with the large numbers and amounts of transactions and wallets, there are several ways the coins could be lost. Ethereum's nature might be more suitable for long term than many other coins.

PoS should increase inflation, devaluing the cryptocurrency in question. With no monetary policy, ETH is no different that Fiat money. Current prices are extremely high if we take into account ETH's economic model. It's meant to be used as "gas" for the execution of decentralized applications. Most people are too greedy to care about this. We, the users of ETH, are paying the consequences of such high prices on the market as interacting with decentralized applications on a daily basis becomes economically unfeasible. The much-expected ETH 2.0 upgrade is taking longer than usual to take full effect on the Blockchain. Even with PoS in play, fees will stay relatively high because of the current market price. As ETH was never meant to be a store of value, prices should be a lot lower than what they are right now.

Still, anyone can determine how much ETH is worth on the market. After all, there's no central authority in charge of the coin's supply. Everything is based on demand these days. And if there's a lot of demand for ETH, prices will only go higher in the long term. What ETH devs need to do is implement new scalability techniques on the Blockchain in order to reduce fees to a minimum. ETH 2.0 helps, but more effort is needed in order to maintain fees at their lowest. I'm sure that in the future, ETH will become cheap to use on a daily basis regardless of its current price on the market. But good things don't happen overnight. Just my thoughts ;D

Yes, of course, Ethereum could be retained the second position in the altcoin market, but the market has many types of potential coins, that have a good plan and novel ideas. Maybe ETH gives you the maximum but now ETH is an expensive investment. So traders you can choose USDT, BUSD, PAX. Because those prices are low and if you know how to business in the crypto market you will make a profit in the future. Just wait for a good time to investing.

Ethereum's current price is not overpriced. On the contrary, it is still too underestimated. Ethereum used to be about a tenth of the price of bitcoin. Now the price of bitcoin is about $ 55,000. At this price, ethereum should have a price of about $ 5,500, but its price is $ 1,746.
During the implementation of Ethereum 2.0 improvements, this coin should be completely updated and, including, become deflationary. After that, its price should rise significantly even in comparison with the above calculation. We expect the price of ethereum at the level of one hundred thousand dollars.

Dare to explain how? Where is the info for that fantasy? How many % is staking award?

Exactly, It make sense! I hardly believe that Ethereum deserve more value comparing the price of bitcoin. I'm following many prediction about ethereum price so I would like to buy more ethereum that Bitcoin. Honestly I would consider ethereum relatively low to grab.

No, ETH is not overpriced, the price of ETH is normal in my perspective, because ETH never let us down, only in 1 year, ETH already increased about 798%, just only in 1 year. So, i think the price of ETH is not overpriced, the only problem with ETH is only the high gas fee, the gas fee of ETH is very expensive, i hope that this problem can be solve soon and expect and cheap gas fee in the future.

Do you want to buy more ethereum just because of the signals given from the community you follow?
believe me, that prediction can be a gamble for you.
ethereum growth to date has been good news for the community and holders.
wish it was better on ethereum 2.0 is not wrong. but consider the future market conditions until the update is actually completed.

The expectation that ethereum will hit $100k is pretty scary because you said that eth is only about 10 times smaller than bitcoin, if it hits the mark you said, bitcoin will hit a million dollars, I can hardly believe this imagination, Bitcoin has created enough problems in the market, one more ethereum can do the same thing, I think investors can hardly calm down in this market. However, you are still correct about the $5000 milestone because of the most recent information from the ethereum development team, they will scale the ethereum network during the ethereum 2.0 upgrade.

Ethereum is also now increasing the price. Ethereum is queen of all coin. Ethereum also any time to increase the price. Bitcoin price will be increased. Ethereum also increase the price. Ethereum also good future investment. If want try to invest. Check the maket price. Then invest it. Ethereum reach the people. Ethereum is opportunity to future growth.

You do not need to be scared as the price of ETH will never hit those valuations but the idea of bitcoin hitting a million dollars is a bit scary when i think what kind of transaction fees i need to shell out when it hits those valuation and i want to use bitcoin rather than as a store of value without any use case :D.


We are hearing about this scaling drama for over a year and last year they proposed that they are upgrading and still i have not seen any changes in the fees and when do you think that it takes place so that we could start sending ETH at a much lower transaction fees.

Even with BTC price of 1mil there wont be a problem with transaction fees. There are already some projects that are working to fix that. Something like wrapped BTC where you pay transaction in other coins.

People doesnt really stop on connecting out the dots even though it do looks unrelevant at all. ETH do basing up always on 1/10 price of bitcoin? There's no such
thing to be like that because even it does have that kind of behavior but still one of the factors that cant be controlled is the demand itself.You cant force out
the community or investors on which one they should be dealing off. Overpriced or undervalued, those things would only be determined or can be known
in due time but not on this current situation we are on where ETh fees are on the rooftop.

Ethereum is like IBM computers they of the opinion there is only limited use for rich or stupid.
No crypto is for everyone, some people earn less than a dollar a day.
Its absurd to think someone works halve a year just to pay some transaction fees.
Looking around the crypto space more and more coins have tokens and agreements.
Anyone can create one and sell on open market (https://bsvtokens.net/en/market) without exchanges.  

Fees must be almost eliminated, not just halved or reduced to "just" a full days wage (for some of the unfortunate).
For years now there is promises and promise it will be fixed, reality nothing has happened except statements and promises….
Just to create a second chain (Eth2) took over 4 years, even bitcoin did not take that long to create.
Peercoin first proof of stake coin was up and running in a matter of weeks-months.

Overpriced,  yes if fees do not disappears in a matter of weeks, yes it will implode utterly.
Crypto is fast moving, you can bullshit for some time but not forever.

Wrapped coin should only be temporary solution to avoid the fee problem though.
We'll eventually find a way to solve the fee problem on various blockchain and tbh the biggest tackle is the fact that blockchain is decentralized and there's just many people's interests that confronts to each other however we gonna overcome that eventually, its just about time.

I think the eth price for now is very high. might be the new ATH. for investors may think again to buy back eth now when the price is already very high. maybe wait for the bearish market to buy back.

There are coudnt be overpriced project during bull run, simple truth, hah

You are indeed correct that poor scalability is driving so much transaction costs today. One must take into account the fact that DeFi projects still continue to have a huge turnover in the cryptocurrency market, as well as USDT, which together fills most of the bandwidth of Ethereum. But soon the situation will change, as the hard backdrop of London to reduce commissions, which in its own will be compressed.

As i do agree with you mate, ETH with its current market value of 0$1703 isn't overprice indeed, i guess we could only rather say that it was an overpriced if it was a $10000 or higher than that. I do believe that ETH gas fee was the one that should be called as overpriced rather than the cryptocurrency market value itself. As of onow, upon checking the block folio ETH has a red arrow on it indicating that its value was lower than it has the past few days, then why could we say that it was overprice.

Gee you must be one form the slow brigade. This thread was started at beginning of year, how does that work out to a red arrow?  ($730>$1750)
Second you maybe one of a few who pays more for the fee than for the concert ticket. That requires a special kind of thinking.

why do you blame the market? that's the system.
demand increases the price becomes high and transactions are getting denser and busier. transaction costs will also increase. we don't need to blame anyone in the current situation. Would you like to leave the current market and come back in 2018 when transaction fees were also very low?
I believe ethereum could cost a lot more than its current price in 10 years in the future.

We will see the strength of Ethereum and significant price increases after the full transition to PoS.  I am very optimistic about the Ethereum rate and I think that expensive transactions on the network are hindering growth right now.

Yes i have the same opinion.now they are trying some new news next month i think the price will Pump again.this is a good news for all investor. 

Ethereum as a utility token has a very high fees. It would not be sustainable for long term if they don't be able to get the transaction fees down. The current price is purely manipulative and depended on the limited tradable supply. The price increment has lowered the use of Ethereum which won't be a good thing as unlike bitcoin, rarity is not the selling point of Ethereum.

ETH is overprices not at all the network of ETH is more stron then ay other coin. ETH is not large its extra large due to Dapps and ERC20 based projects and i thin it will never back to $500 and ETH has potential to touch $5000 near soon in future.

I know the supply of Ethereum is quite huge for the price of Eth now, but we can't denial the fact that Ethereum blockchain is the breeding ground for about 98% of all the new altcoin projects out there, this has made Ethereum blockchain the most popular blockchain(if I'm not mistaken), also with all those ERC20 tokens on eth blockchain you will need eth as collateral for gas fees in order to send any ERC20 tokens, maybe with more ERC20 tokens coming out each day the price of Eth will keep pumping.

You have a point, but the question is, is that 98% a successful projects or is the majority of that 98% successful?

I believe only few of them are really successful, meaning they are not getting money from investors and ETH network at the moment is very congested resulted to high transaction fee. however, in terms of it's suppose to be real value, I think it's not overvalued as the market is just getting an adoption and it will continue to grow.

maybe because the demand or use that has been a lot from the public makes eth continue to be used and the price will continue to rise, even when the fees are very high like now transactions on the ETH network don't seem to decrease and tend to increase.
it looks like people will or are already used to this condition.

In my opinion, the current Ethereum price is not overpriced considering the high demand for Ethereum. Moreover, Ethereum is the king of altcoins
so it is only fitting that the price is expensive, therefore compared to other altcoins the Ethereum price is quite high. I think what is overpriced right
now is gas fees from Ethereum, I do understand the increase in gas fees due to the increasingly crowded Ethereum network.  But there should be
a solution related to the problem of gas fees, I hope the release of ETH 2.0 will make Ethereum gas fees much cheaper.

Ethereum deserves its current position in the rankings. And the cost of ETH is quite justified, the network really offers a lot of opportunities and tools. Perhaps for institutional investors, the issue of high commission fees is not as acute as for ordinary people in the crypto world.

I noticed that BTC has a huge influence on the price of ETH. It has always been. There was a moment in June 2020 when this compliance was less but all the time it was ...

Although the maximum supply of ethereum is unlimited, ethereum ecosystem and usability is much better than that of litecoin, which is why the price of ethereum has risen so high. and also the hype about DeFi, DEX, Farm, Liquidy Pool as well which is another reason ethereum price increases and makes new ATH,

Ethereum was lucky to be in the right place фтв at the right time. Ethereum was first to offer ICO and allowed to easily start projects. I call this as easy money, as at the prime of ICO, everyone earned a lot. This has allowed to build a strong believe in Ethereum and grow popularity. Then there was a DeFi and swap boom. Right now, there are a lot of blockchains and projects that offer same services and Ethereum, if not has a better decisions how to make things. But they dont grow in price like ETH. So imo, ETH is overpriced.

With a lots of developments and functionable inside this market, yes indeed ETH deserve

the success in value right now, developers enjoy the concepts aside from high gas fees but the usages it's indeed successful.



Yeah this project achieved the success due to the usages that it brought to this community,

and with all those hypes coming from project who has been developed inside ETH chain, it's adding everything and bringing the price to rise more.

ETH looks overpriced for me, given the outdated technology and issues in implementing ETH 2.0. ETH is the only altcoin having a market cap of above $50 billion. There is a huge gap between ETH (market cap of $203 billion) and the second ranked altcoin (Cardano, with a market cap of $40 billion). This gap is not justified, given the fact that Cardano is having a much more advanced technology when compared to ETH.

yes might be it is overpriced as compared with the level of possession of people as they lives in different country. for example the price of 1700 worth as equal to 10 mobile phone of android os that we have knowledge that in PRC of the place that they work on manufacturing the phone, 1 billion of their people lives without the possession of mobile phone.

As long as ETH gas fees is still high no retail investor will use it and it will make eth over price, especially there will be Flare network wich will launch in the end of q2, the competition for this niche will be hard. Ada, flare, bnb, fot is the good and safe network.

I think ETH's price is related to hype more than anything else. So many people are investing into ETH because of the "FOMO" sentiment. They don't care about other projects, even if those prove to be superior than ETH in every way. Cardano is a better alternative with innovative features at its core. The ADA blockchain has ultra low fees and blazing-fast transaction confirmation times. It's much more scalable than ETH by orders of magnitude with the tried-and-tested "Ouroboros" PoS consensus algorithm. At $1.40 per coin, I'd say that Cardano is quite a bargain.

Nonetheless, it's a crazy world we're living these days. Any cryptocurrency can become extremely valuable if it gains the attention of people in the mainstream world. Consider how Dogecoin went from being worth nothing to cents (in USD) since the beginning of 2021. While ETH is hovering between the $1.8k - $28k range, it could head back to its original prices once the "De-Fi" and NFT hype comes to an end. I doubt PoS will make ETH more valuable in the long run, unless developers solve the "inflation" issue. Current ETH inflation rates vs current prices tells us that ETH is extremely overpriced. Who knows what will happen with the value of ETH in the long term? Just my thoughts ;D

You are very correct, I am also of the opinion that eth is overpriced and most of investors are just fomo-ing on eth because that's what majority of people will suggest when they will ask for a project to invest in,
A coin with infinity supply cost this much with all the network lapses and congestion that are yet to be resolved,
Then again isn't the who crypto in the market overpriced including our good old btc  ;D

Overpriced I do not think so!
With hundreds of coins being housed on the ethereum blockchain it's expected that these will give ethereum the demand of the coin and result in an increase of its price.
So AFAIK the current prices are a reflection of how much we are willing to spend.

Upcoming hardfork of EIP 1559 will change this current gas fee situation as it'll incrase the block size and a base fee which will be burned forever from ethereum network along with "Miner tip" option which will be used by those who want to pay higher fees to make fast transections. Hopefully, all other networks will do other new development along with lower transection fee to make a race with ethereum as current problem of high gas fee isn't permanent. As a result, ethereum isn't overpriced yet, IMHO.

take a deeper look at the power of ethereum, all crypto networks use ethereum mostly. and ethereum are bigger fans than you mention. ethereum prices have been good since last 2017. it's just that the market collapses and in 2021 the price has increased again. So I think this is a fair limit for ethereum and not overpriced, this is the price ethereum should have.

Ethereum may have temporarily lost its retail investors, but has the network been hit hard by this? If the commission is still so high, then Ethereum is popular and is not losing ground. In my opinion, ETH is quite enough of the investment that the network is currently receiving.

To be honest, I see no reason to endlessly discuss problems with Ethereum, our discussions will not change the situation. Therefore, I will wait for updates, and then make a decision to use ETH or switch to BSC.

Well, on a general note, I don't think Ethereum is over valued, but then, am really surprised that i am just getting to know that Ethereum has an infinite supply which really baffles me, I mean like seriously, since 2016 I got into crypto, am just getting to know this, this simply means that in the long run, the price of Ethereum will either be stagnant or go down when more coins are finally minted, but I believe that vitalik and he's team of developers will not allow this happen.

You have a point, Ethereum is still being used a lot, and judging by that Ethereum is not losing ground! But, many people are switching to BNB and TRX already, and I must say I am one of them... I didn't quit on ETH, but I am not using it until all craziness around the fees doesn't pass! And as I said, if that doesn't happen Ethereum will be in the problem, simply because there are projects that can deliver more in any way!
In the end, I agree that we need to wait for updates before we make any big decisions, but I guess each of us has some predictions about this matter! My advice is to learn about other projects, that can be beneficial for the future!

At the moment I think Ether should be above 3000$+. Ether is not overpriced. When BTC was 20 thousand, ether was 1200. BTC now has 60,000$, Ehers then there should be at least 3000-4000$.

We'll see. Developers are going to have to "fix" the unlimited supply issue if they want ETH to become a store of value. I don't think ETH will go higher in price because of its current inflationary model. I'd say ETH is overpriced simply because there's no hard cap in supply for the cryptocurrency. Even DOGE is overpriced with an insane number of coins in circulation. In this wild and crazy world of crypto, anything can be expected.

Nonetheless, time will tell us ETH's true value according to the cryptocurrency's level of adoption in the mainstream world. So far, it's the best smart contract platform in the world with a proven track record of development and innovation. Whenever ETH will reach higher prices in the future or not, that's up to the people to decide. Everything is based on hype and "FOMO" these days, so there's a possibility ETH will reach prices higher than $2k in the following months. What matters is that fees stay low so people will be able to participate in the decentralized economy. ETH's high fees coupled with current prices on the market, makes day-to-day payments unfeasible. At least, there's hope fees will decline in the future with the unveiling of ETH 2.0. Just my thoughts ;D