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Author Topic: Will 2020 be ETH's biggest year yet?  (Read 2005 times)
Sanitough
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February 11, 2020, 03:00:56 PM
 #101

That's certainly true, mate. Ethereum has lost its luster mostly because of the decay of ICOs within the mainstream world. After all, ICOs were the ones which triggered most of the demand for Ethereum across the crypto market. With heavy regulation on the Blockchain industry, most ICOs experienced a full crackdown from the government. Now the next biggest trend for Ethereum would be the implementation and adoption of STOs (Security Token Offerings) and IEOs (Initial Exchange Offerings). But even the most prominent companies in the mainstream world haven't adopted Ethereum for their own benefit yet.

Yes,,, correct. ICOs made Ethereum popular but they also were responsible for everything bad that befell ETH after the boom. But we take some lessons from Bitcoin in the early days when everyone thought it was just gambling and dark markets,,, and to be fair at some point early on it was a lot of bitcoin gambling! From adversity comes oppportunity so let us see ETH 2.0 and what it offers.

ETH 2.0 should be an imrpovement of the current system and every improvement deserves to be appreciated by investors.
However, to think of the price reaction, I think it is more on the market sentiment than the development of the project, if it launch and the market is bullish, then we will likely see a bigger success for ETH with ETH 2.0.
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February 11, 2020, 03:54:00 PM
 #102

Well, it depends on how Bitcoin's price will progress over this year due to Ethereum is the follower of the king. In fact, I am pretty that Eth's price will touch $ 1K  but after Bitcoin halving, possibly, this prediction will happen when Bitcoin's price rise to $ 18K or $20K , I advise everyone invest into these best coins, because you will certainly earn an acceptable profit in a safe way.

BTC is biggest player and a lot demands from it. If it will keep going up im sure eth will do well. It better should do, placed to big bet on it ...ha
If BTC crashes everything else will crash.
Not just Ethereum but majority of altcoins are greatly depending on the bitcoin price. And with the incoming bitcoin halving and the updated version of eth, we can expect that ethereum will definitely gain a very positive price making it reach another ATH. Once bitcoin will make a very high price increase, ethereum too will never be left behind having its price maybe ranging from 400$-500$ i guess by that time.

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February 11, 2020, 04:10:25 PM
 #103

Today, there are a lot of forecasts regarding the development of the entire cryptocurrency market, as well as individual cryptocurrencies.  If you pay attention to the analysis and forecast of online analyst Bob Ullari, who bases his statements on the indicators of the global economy and global interest in the blockchain of many institutions of state and commercial structures, as well as in international trade.  The forecasts of this person is that in 2020, Bitcoin and Ethereum will occupy almost 25% of the total cryptocurrency turnover in the world.  I think this is a great indicator and for ethereum it can be really big leaps forward this year.

#business #forextrader #bitcoinnews #invest
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February 11, 2020, 07:24:03 PM
 #104

So far it's just the beginning of the year and I personally think that ETH is not going to have a great year because the best year for ETH is 2021-2022
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February 12, 2020, 11:03:43 AM
 #105

Well, it depends on how Bitcoin's price will progress over this year due to Ethereum is the follower of the king. In fact, I am pretty that Eth's price will touch $ 1K  but after Bitcoin halving, possibly, this prediction will happen when Bitcoin's price rise to $ 18K or $20K , I advise everyone invest into these best coins, because you will certainly earn an acceptable profit in a safe way.

BTC is biggest player and a lot demands from it. If it will keep going up im sure eth will do well. It better should do, placed to big bet on it ...ha
If BTC crashes everything else will crash.
Not just Ethereum but majority of altcoins are greatly depending on the bitcoin price. And with the incoming bitcoin halving and the updated version of eth, we can expect that ethereum will definitely gain a very positive price making it reach another ATH. Once bitcoin will make a very high price increase, ethereum too will never be left behind having its price maybe ranging from 400$-500$ i guess by that time.

400-500$ would be my minimum target after seeing todays gains. There is unreal usage on eth as far as i know #DeFi
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February 12, 2020, 12:41:15 PM
 #106

Well, it depends on how Bitcoin's price will progress over this year due to Ethereum is the follower of the king. In fact, I am pretty that Eth's price will touch $ 1K  but after Bitcoin halving, possibly, this prediction will happen when Bitcoin's price rise to $ 18K or $20K , I advise everyone invest into these best coins, because you will certainly earn an acceptable profit in a safe way.
This is a possible prediction if demand for investment in this market tends to increase in the near future. However, you are not always lucky to make a profit because the market is very volatile. In fact, the $1,000 price is quite achievable but ETH will certainly have many major adjustments before this price occurs. Currently, I only spend 5% of assets to invest and will keep for a long time.

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February 12, 2020, 01:39:10 PM
 #107

Firstly, Ethereum has over the years hown its strenght in its Samrt contract innovation and as it gained the first mover advantage, it has attraccted loads of project in its platform and its new POS algorithm that will work alongside POW is kind of a new development to the ethereum team, i am yet to fully get the picture of how they are going to handle this technologically but i know its going to attract an increase in the price of ethereum, more like a compensation for the hard work by the team. A good one there i must confess and Kudos to them this year 2020 and beyond.

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February 12, 2020, 02:59:56 PM
 #108

So far it's just the beginning of the year and I personally think that ETH is not going to have a great year because the best year for ETH is 2021-2022
Well, at least this year will be a trigger for an increase in ethereum prices. I believe that right now people are trying to buy and hold ethereum and wait until ETH 2.0 is achieved. however, the ETH 2.0 system will make it easier for people to make money, even I also prepared it. I think that the minimum price for this year's ETH is $ 500.

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February 12, 2020, 06:37:03 PM
 #109

Ether doubled in almost a month, which is a good indicator, but all this happened solely because of Bitcoin's growth in the market.

137 x 2 = 274 not 200 https://coinmarketcap.com/currencies/ethereum/

Or are you from the future and see what others do not see?  Smiley
By the way, I think that such a rapid growth in a highly capitalized currency is a bad sign. Perhaps this is a signal that liquidity has fallen and volatility has increased. Therefore, the reverse movement can pass at the same speed or even faster.

Funny, but only 10 dollars left to make your words extremely accurate!
Maybe you want to make some more forecast? Now I'm really interested  Wink

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February 12, 2020, 06:56:25 PM
 #110

Much expectation to ETH. I was even preparing for its POS so I can just stake my holdings.

Maybe ETC is indeed where the miners will go or they can go to XMR if they are going to take the risk while some exchanges are not pairing it anymore.  ETC is a much cheaper coin for now but it may not take long til this one also will make its way up. There isn't so much project using ETC however so its demand will only evolve to small community where some teams prefer ETC.
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February 12, 2020, 07:24:26 PM
Merited by blatchcorn (4)
 #111

Ether doubled in almost a month, which is a good indicator, but all this happened solely because of Bitcoin's growth in the market.

Not true at all. Ethereum is moving independently from Bitcoin at the moment. To understand this, you need to look at the ETH/BTC chart:


ETH was in a looong descending channel since 4th January 2019 (!) So even when bitcoin had a mini bull run in Q1-Q2 2019, Ethereum was losing against Bitcoin. And when Bitcoin had correction in Q3 and Q4 2019, Ethereum kept falling against Bitcoin.
Turning point was the beginning of 2020 when Ethereum reversed and is now growing in price faster than Bitcoin. It took one whole year that ETH broke the resistance (red line on my chart). This move from 0.023 to 0.0257 (current) was so obvious that I'm so angry at myself that I didn't take advantage of it. Why obvious? (1) ETH broke the ONE YEAR LONG resistance and (2) a 3day chart formed a three-bar-play pattern which is more often than not followed by upward momentum. The question is, is ETH going to continue this rally and return to 0.04 BTC, or stabilise bellow 0.03 BTC.

I say that ETH has good chances of reaching 0.04 BTC in couple of months. Bitcoin Dominance is falling for several weeks in a row. It was rising for TWO YEARS and now it broke the support. After second thoughts I'm gonna wait for this week's candle to close and if it closes bellow support, I'm hunting for some Altcoins, ETH being first on my list.
Good luck fellow traders. And don't forget, always use stop loss!


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February 12, 2020, 09:52:38 PM
 #112

~
I say that ETH has good chances of reaching 0.04 BTC in couple of months. Bitcoin Dominance is falling for several weeks in a row. It was rising for TWO YEARS and now it broke the support. After second thoughts I'm gonna wait for this week's candle to close and if it closes bellow support, I'm hunting for some Altcoins, ETH being first on my list.
Good luck fellow traders. And don't forget, always use stop loss!


I do not believe in technical analysis, but in this case I agree with your conclusions. If market growth continues, it will mainly be due to altcoins. They are more volatile and have less capitalization, therefore, their price is more dynamic. Which in turn attracts both investors and speculators.
The best altcoin is ETH, so if there is confidence in the growth of the market, investments in ETH are the highest priority.

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February 12, 2020, 11:27:47 PM
 #113

I have to believe that ETHn will show some exciting moments this year. We could notice that it has a strong uptrend motion and that seems to be of continuous market movement. Many speculations arise that ETH will soon to Bullish and the possibility is still there.

https://www.newsbtc.com/2020/02/10/ethereum-flirts-with-key-resistance-uptrend/

Having this resistance, it is big enough to say that ETH will be having a big day in the coming days. And I would like to suggest that it is better to accumulate more ETH at this time while the market price is still low. It is one way to anticipate the market before we will run for the next level and I believe that you'll never regret of what you've got.



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arwin100
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February 12, 2020, 11:45:35 PM
 #114

~
I say that ETH has good chances of reaching 0.04 BTC in couple of months. Bitcoin Dominance is falling for several weeks in a row. It was rising for TWO YEARS and now it broke the support. After second thoughts I'm gonna wait for this week's candle to close and if it closes bellow support, I'm hunting for some Altcoins, ETH being first on my list.
Good luck fellow traders. And don't forget, always use stop loss!


I do not believe in technical analysis, but in this case I agree with your conclusions. If market growth continues, it will mainly be due to altcoins. They are more volatile and have less capitalization, therefore, their price is more dynamic. Which in turn attracts both investors and speculators.
The best altcoin is ETH, so if there is confidence in the growth of the market, investments in ETH are the highest priority.

Technical analysis have basis if you analyze the situation of what's going on the market. But I yet believe that this will be the best year for ETH compare on previous years where a major upset cames and for sure if this current pump will continue maybe we can reach the ATH or if more greater times came provably we can see a  new historical figures came this year or maybe next year onwards.

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February 13, 2020, 02:15:22 AM
 #115

That's certainly true, mate. Ethereum has lost its luster mostly because of the decay of ICOs within the mainstream world. After all, ICOs were the ones which triggered most of the demand for Ethereum across the crypto market. With heavy regulation on the Blockchain industry, most ICOs experienced a full crackdown from the government. Now the next biggest trend for Ethereum would be the implementation and adoption of STOs (Security Token Offerings) and IEOs (Initial Exchange Offerings). But even the most prominent companies in the mainstream world haven't adopted Ethereum for their own benefit yet.

Yes,,, correct. ICOs made Ethereum popular but they also were responsible for everything bad that befell ETH after the boom. But we take some lessons from Bitcoin in the early days when everyone thought it was just gambling and dark markets,,, and to be fair at some point early on it was a lot of bitcoin gambling! From adversity comes oppportunity so let us see ETH 2.0 and what it offers.

ETH 2.0 should be an imrpovement of the current system and every improvement deserves to be appreciated by investors.
However, to think of the price reaction, I think it is more on the market sentiment than the development of the project, if it launch and the market is bullish, then we will likely see a bigger success for ETH with ETH 2.0.
A lot of news is coming when Ethereum 2.0 is released and I believe that time will be very good when you choose long-term investment. Currently the value of ETH is greatly improving and could reach $300 in the next few days so hopefully a better future will welcome the return of Ethereum. Personally, I always spend a lot of time researching this coin and always consider investing when the market enters a bull phase.

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February 13, 2020, 03:55:31 AM
 #116

Yes....ETH will end this year btw 2k-2500$ at least Grin Grin Grin
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February 13, 2020, 04:20:13 AM
 #117

A lot of news is coming when Ethereum 2.0 is released and I believe that time will be very good when you choose long-term investment. Currently the value of ETH is greatly improving and could reach $300 in the next few days so hopefully a better future will welcome the return of Ethereum. Personally, I always spend a lot of time researching this coin and always consider investing when the market enters a bull phase.
Ethereum 2.0 News has indeed become the biggest thing for Ethereum this year. The price of $ 300 will be very easily achieved by ETH, I'm also sure in a few days later the price of Ethereum can reach $ 300 or even more than that. People are also waiting for the moment Bitcoin Halving later which can have a positive effect on all Crypto prices, including Ethereum.
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February 13, 2020, 07:45:08 AM
 #118

Biggest year yet is a real stretch, I can't see 2020 eclipsing 2017. Having said that, PoS is the future, and we should see 2.0 this year. I can see ETH rising considerably against both BTC and USD... just probably not the same percentage increases we saw at the height of ICO fever.

Smart contracts will only get bigger, and ETH is by far the best smart contract platform. Don't bet against it.
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February 13, 2020, 08:15:31 AM
 #119

I do not believe in technical analysis, but in this case I agree with your conclusions. If market growth continues, it will mainly be due to altcoins. They are more volatile and have less capitalization, therefore, their price is more dynamic. Which in turn attracts both investors and speculators.
The best altcoin is ETH, so if there is confidence in the growth of the market, investments in ETH are the highest priority.

Technical analysis have basis if you analyze the situation of what's going on the market. But I yet believe that this will be the best year for ETH compare on previous years where a major upset cames and for sure if this current pump will continue maybe we can reach the ATH or if more greater times came provably we can see a  new historical figures came this year or maybe next year onwards.

ATH > 1500$ ?  Roll Eyes
It's impossible. ETH has too much capitalization, plus mining constantly produces new coins. In the distant future, subject to a complete transition to POS and some other factors, achieving this level is realistic, but not this or next year. I would love to be wrong (I'm ETH holder).

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February 13, 2020, 11:15:40 AM
 #120

Biggest year yet is a real stretch, I can't see 2020 eclipsing 2017. Having said that, PoS is the future, and we should see 2.0 this year. I can see ETH rising considerably against both BTC and USD... just probably not the same percentage increases we saw at the height of ICO fever.

Smart contracts will only get bigger, and ETH is by far the best smart contract platform. Don't bet against it.
Ethereum is starting to improve the price and it is certain that this uptrend can last for a long time because the demand for investing in this coin is starting to increase more.

I think everyone is waiting for the news of Ethereum 2.0 to appear and it will be big news for everyone here. However, in this market, it is impossible to be sure of anything and everything can happen unexpectedly.

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