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Author Topic: Ethereum Cofounder: ETH to Rise 1000x and Become Global Settlement  (Read 479 times)
pushups44 (OP)
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April 16, 2019, 12:43:38 PM
 #1

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?
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April 16, 2019, 12:53:27 PM
 #2

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.
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April 16, 2019, 01:01:27 PM
 #3

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.

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April 16, 2019, 01:11:23 PM
 #4

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.

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
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April 16, 2019, 01:12:24 PM
 #5

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

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pushups44 (OP)
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April 16, 2019, 01:15:49 PM
 #6

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.

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.
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April 16, 2019, 01:20:56 PM
 #7

Joseph Lubin, the cofounder of Ethereum, believes Ethereum will rise 1000x - implying a price of over $150,000 for ETH

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.

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SaRmY
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April 16, 2019, 01:23:47 PM
 #8

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


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.
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April 16, 2019, 01:44:09 PM
 #9

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.
thaliaand
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April 16, 2019, 01:56:16 PM
 #10

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?
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.
cryptonx
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April 16, 2019, 02:39:10 PM
 #11

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?

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  Wink

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rizkyhiw
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April 16, 2019, 03:20:58 PM
 #12

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?

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  Wink
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.
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April 16, 2019, 03:54:57 PM
 #13

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?

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.

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April 16, 2019, 04:34:39 PM
 #14

Every co founder should be saying the same thing about their creation.  This isn't news.  "Co founder believes in his coin". 
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April 16, 2019, 04:39:46 PM
 #15

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.
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April 16, 2019, 05:03:36 PM
 #16

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 Grin the price in the forecast. This is often the case with crypto predictions. And also bias.

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April 16, 2019, 05:22:07 PM
 #17

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.
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April 16, 2019, 05:23:46 PM
 #18

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.

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April 16, 2019, 05:33:06 PM
 #19

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 .
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April 16, 2019, 05:45:17 PM
 #20

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.
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