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Author Topic: Ethereum prices may never again reach 1000$, says analyst  (Read 540 times)
Harrydose (OP)
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November 28, 2019, 01:47:20 PM
 #1

The crypto market has been down to more than two years now with a huge decrease in prices of altcoins like Ethereum whose costs once soar back at the apex of the crypto bull run when Bitcoin’s price was nearly $20,000 combined with the expanding fame of altcoins in the midst of traders.

Ethereum was extremely famous in 2017 which prompted an enormous increment in price from simple single digits to $1400 with lots of purchasing pressure from a retail crowd pushing the cryptocurrency high as can be. This was supported in those days in light of the fact that blockchain was being utilized for Initial Coin Offerings (ICOs) which implied that investors who needed to get new altcoins would put resources into Ethereum.

Source: TheCoinrepublic
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November 28, 2019, 03:10:12 PM
 #2

Well if its on ETH's own to pump to 1k i can still doubt but if bitcoin surge higher eth will definitely surge too,i don't recommend listening to an analyst when buying or want to buy any coin because theybare humans like yourself, most times they are damn wrong
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November 28, 2019, 03:21:21 PM
 #3

If Ethereum reaches $ 1000 what about the price of bitcoin at that time? will certainly be even higher, for 2 years the crypto market is still like this there is still no good recovery even though we have analyzed it well and the length is still useless if the market is still like this.
We are in 2020 after bitcoin halving and ethereum release 2.0 what will happen will reach ATH.

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November 28, 2019, 03:23:40 PM
 #4

My friend listening to analysts is not healthy in crypto space, let your decisions be based on what you can gather about the coin, many analysts like playing god, just look at this year alone many analysts says lots of rubbish about price predictions and it never happens

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November 28, 2019, 03:46:24 PM
 #5

The crypto market has been down to more than two years now with a huge decrease in prices of altcoins like Ethereum whose costs once soar back at the apex of the crypto bull run when Bitcoin’s price was nearly $20,000 combined with the expanding fame of altcoins in the midst of traders.

Ethereum was extremely famous in 2017 which prompted an enormous increment in price from simple single digits to $1400 with lots of purchasing pressure from a retail crowd pushing the cryptocurrency high as can be. This was supported in those days in light of the fact that blockchain was being utilized for Initial Coin Offerings (ICOs) which implied that investors who needed to get new altcoins would put resources into Ethereum.

Source: TheCoinrepublic

I like to believe that, Ethereum can still reach the $1000 level even if the ICO are gone, the fact that it is fast and the fee is very small, they can shift their roadmap from ICO to being accepted in marketplace.
Ethereum has everything on it, the team just needs to be flexible, they have the support of the community, and new project that are not ICO will always find Ethereum has something all they need to set up their own token.
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November 28, 2019, 04:18:41 PM
 #6

If you want to publish an article about someone's claim, at least give us the reader the background of the analyst and his proof of claim.
There is no analyst will make a claim out of the blue, who is this mac?
I do not believe it at all, there are rooms to grow for Ethereum and its future is limitless.
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November 28, 2019, 04:26:26 PM
 #7

At the present time, $ 1,000 is unrealistic, as Ethereum is still struggling below $ 160. However, anything that can happen in the cryptocurrency industry and whether Ethereum can "to the moon" or not, only time will tell. But I believe most people will think that ETH can reach $ 1000 in the future.

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November 28, 2019, 04:29:08 PM
Last edit: November 28, 2019, 05:42:15 PM by Hamphser
 #8

I couldn't tell, it won't but both of the possibilities are possible. Ethereum price may not reach that $1,000 again if the condition of the market is just like this. But let's wait for the bull run to happen and it might amazed us what would be the new ATH of Ethereum too. I know their point but i also have some point. Wink

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November 28, 2019, 04:39:26 PM
 #9

I feel the problem with ETH is its own platform. Most of the tokens created on it went scam or dead, some which are running will eventually create their own blockchain and migrate. Hopefully the Proof of stake update will bring some investors in and start holding ETH again. Also I noticed that most of the hacks included either ETH or its tokens so cant say we will see thousand dollar soon.

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November 28, 2019, 04:44:22 PM
 #10

The crypto market has been down to more than two years now with a huge decrease in prices of altcoins like Ethereum whose costs once soar back at the apex of the crypto bull run when Bitcoin’s price was nearly $20,000 combined with the expanding fame of altcoins in the midst of traders.

Ethereum was extremely famous in 2017 which prompted an enormous increment in price from simple single digits to $1400 with lots of purchasing pressure from a retail crowd pushing the cryptocurrency high as can be. This was supported in those days in light of the fact that blockchain was being utilized for Initial Coin Offerings (ICOs) which implied that investors who needed to get new altcoins would put resources into Ethereum.

Source: TheCoinrepublic

Well, we have to see that, I think the upcoming upgrade of Ethereum is quite interesting.  And it will possibly boost the market and its community.  No one can precisely tell what will happen in the future especially when it comes to cryptocurrency.  Unless ETH is abandoned, there is always a chance that the ETH market will recover and even surpass its ATH.
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November 28, 2019, 05:04:52 PM
 #11

~snip~
This maybe a valid point but I think ETH's price, just like most cryptocurrencies, is unpredictable! Perhaps we all knew for sure that the era of ICO's has long been gone but had made a mark for its contribution to ETH's rise to become one of the top cryptocurrency in the industry.

I guess we must also acknowledge Ethereum's strengths such as its smart contract feature, a tested and stable platform and ecosystem able to host a multitude of projects and Dapps  on top of it, and most importantly, its overall network value.

Now I think its too early to speculate a downfall on ETH's price because we will never know what will happen next to this platform and what benefits  it could give us in the future. Imho.
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November 28, 2019, 05:16:41 PM
 #12

Many cryptocurrency analysts constantly give different forecasts.  But in reality, no one can know how the market as a whole will behave.  I now pay attention to forecasts, but this is more likely not for making any serious decisions, but for interest and seeing what is happening in the crypto world.  Regarding ETH, I’ll say that the second-largest coin from CoinMarketCap has every opportunity to reach a price much higher than the one at the peak of $ 1,400.
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November 28, 2019, 05:36:38 PM
 #13

if bitcoin surge higher eth will definitely surge too

This is exactly what I'm thinking although ETH is not totally dependent with BTC but if there is a price rally for Bitcoin then it could make some effect to pull the price of Ethereum. There is an up-coming big updates for Ethereum that might help the price to increase, also there's a lot of new project that use ETH as base currency for their crowdfunding which means that there still demand for ETH.

 
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November 28, 2019, 05:45:27 PM
 #14

The crypto market has been down to more than two years now with a huge decrease in prices of altcoins like Ethereum whose costs once soar back at the apex of the crypto bull run when Bitcoin’s price was nearly $20,000 combined with the expanding fame of altcoins in the midst of traders.

Ethereum was extremely famous in 2017 which prompted an enormous increment in price from simple single digits to $1400 with lots of purchasing pressure from a retail crowd pushing the cryptocurrency high as can be. This was supported in those days in light of the fact that blockchain was being utilized for Initial Coin Offerings (ICOs) which implied that investors who needed to get new altcoins would put resources into Ethereum.

Source: TheCoinrepublic

Why zero in on Ethereum? all the coins are down now, and I don't think all experts share the same sentiment, I have seen a lot of people throwing a lot of support to Ethereum, because this is still the second most popular coin in the market, not because there is no more ICO, it's ga,e over for Ethereum.
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November 28, 2019, 05:48:07 PM
 #15

yes in an analysis it is necessary to prepare all the scenario possible but Ethereum will not exceed the $ 1000 sa I do not think
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November 28, 2019, 05:49:34 PM
 #16

even if bitcoin touches $50k. I think if this really happens then my prediction is the opposite, eth will be higher than $1400. true, icos has lost interest, but in its efforts I believe eth has other ways to stay in demand so prices will experience much better changes

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November 28, 2019, 05:58:04 PM
 #17

Ethereum value need to get some more smart contract support as well as on development side because after the smart contract business starting they were not done big update to improve their project.
That is one of the major reason for the drop and no multiple platform update from the team.

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November 28, 2019, 05:58:18 PM
 #18

after eth2 pos stage inflation rate will reduced and some coins will be locked for staking. accessible eth on circulation reduced on market. how will this effect eth prices you think? maybe 1000$ not reach easily but it will be in long term

 
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Emilyearl
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November 28, 2019, 06:09:45 PM
 #19

The question should be when exactly does he consider as again or is he tryna say Ethereum price throughout its life cycle will never get to $1k or does he have a given time frame for this speculation. If there's no certain period I beg to disagree with his analysis because given Btc market surges Ethereum market will surge as well despite the fact ICOs are no longer as relevant as they used to be which was mainly what made eth price pump hard.
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November 28, 2019, 06:12:31 PM
 #20

The crypto market has been down to more than two years now with a huge decrease in prices of altcoins like Ethereum whose costs once soar back at the apex of the crypto bull run when Bitcoin’s price was nearly $20,000 combined with the expanding fame of altcoins in the midst of traders.

Ethereum was extremely famous in 2017 which prompted an enormous increment in price from simple single digits to $1400 with lots of purchasing pressure from a retail crowd pushing the cryptocurrency high as can be. This was supported in those days in light of the fact that blockchain was being utilized for Initial Coin Offerings (ICOs) which implied that investors who needed to get new altcoins would put resources into Ethereum.

Source: TheCoinrepublic
I didnt click any links that you have given which would only redirect into that site but i would answer about the main topic here about ETH wouldnt reach $1000 again?
How sure you are? I do hate to those so-called analysis on keeping  saying that a certain wont hit up those ATH prices once again.I dont see for smart contract project
 wont really able to surpass on its previous peak.The market is still young and there still lots of years to improve and to be adopted.We cant still draw conclusions just
because on seeing the current condition of the market.

R


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