Can ETH reach $5k in this up cycle ?

[Nadziratel]

Ethereum has huge potential. We always said that. But 5K is a big target. For this to happen, only the rise in ETH price will not be enough. Bitcoin price should also go up.

And also, as you know, the total amount of Ethereum is unlimited. In this case, it is very difficult for the price to increase constantly. If the total amount of Ethereum is limited (which has a lot of gossip about it) then ETH price can go up rapidly.

[hirngespenst]

Sorry, all of your ideas are wrong and Ethereum has zero chance to hit the 5K USD milestone, you have to remember that ETH did not even reach at 1500 USD in the crypto golden time, and right now, the crypto market is way behind for a bull run. It's like we just not in bear market, was heading to hit the bull but fall down again. So, it's too much to think about the Ethereum price at 5K USD.

[hirngespenst]

Ethereum has huge potential. We always said that. But 5K is a big target. For this to happen, only the rise in ETH price will not be enough. Bitcoin price should also go up.

And also, as you know, the total amount of Ethereum is unlimited. In this case, it is very difficult for the price to increase constantly. If the total amount of Ethereum is limited (which has a lot of gossip about it) then ETH price can go up rapidly.

Yes, Ethereum even did not hit 500 USD after August 2018, then how can we expect 5K USD for it. Ethereum can't raise without bitcoin grows, so, 5K USD for one Ethereum means 80-90K USD for one Bitcoin, which is quite impossible for the next 5 years. I heard in the next upgrade, Ethereum may limit the supply, if that happens then Ethereum price may start having a bull run, without it, my prediction for Ethereum is 350 to 400 USD for 2020!

[qazgroup]

5k is like a dream number and i am sure many eth holders and supporters will become really rich if it grows that much, i am personally trying to accumulate as much as i can before it really takes off, i do hold some but i want more and more.

[Jannyh]

In crypto never say never,most times the unexpected happens,the way the price if Ethereum moved from $125 to $280 though presently it has retraced,if it continues like that then that price is possible,the price surge recently was too swift,also so much people trust and believe in Ethereum,again let's see what Ethereum 2.0 will bring

[DabsPoorVersion]

5k is like a dream number and i am sure many eth holders and supporters will become really rich if it grows that much, i am personally trying to accumulate as much as i can before it really takes off, i do hold some but i want more and more.

It is not a dream, it is still possible for ethereum to reach $5k

However, this time is still the right time. Maybe in the next bull run or in the next following years since ethereum is showing difficulty to increase its value as of the moment.

[krayzie32]

5k is like a dream number and i am sure many eth holders and supporters will become really rich if it grows that much, i am personally trying to accumulate as much as i can before it really takes off, i do hold some but i want more and more.

It is not a dream, it is still possible for ethereum to reach $5k

However, this time is still the right time. Maybe in the next bull run or in the next following years since ethereum is showing difficulty to increase its value as of the moment.

You should look at the facts and do not rush to draw conclusions because this market is very volatile and ethereum is still not the best option for you to invest in this time. I think instead of $5000, you should only predict this coin at $500 because this is the minimum price that needs to be achieved this year. Crypto market is not really good and it will probably take many years for this coin to reach new ATH.

[xvids]

$5K is so high for it to reach I think it would take soblong before it goes that far,
It couldn't even reach $1K right now so $5K is still a dream right now.
Even the ATH of ETH is too far from $5K  so I think it is still impossible to reach.

[tiang_tower]

5k is like a dream number and i am sure many eth holders and supporters will become really rich if it grows that much, i am personally trying to accumulate as much as i can before it really takes off, i do hold some but i want more and more.

Yes, and actually it's not an impossible thing to happen in the crypto world, it's just that to grow to $ 5k requires a lot of time and more development that must be done by the ETH developer itself, because someone's trust in buying ETH must also be increased through the development of new features.

[pragna]

What do you guys think ? I discuss some reasons why it might here : https://youtu.be/8Rg-CM2s7Q0

I think this is very risky thinking at this moment. Every was expected ETH will hit atleast $500 in this market but it stopped $280 and not  $225. So how we think that ETH will hit $5k!! Come on reality and be practical.

Good day.

[vermigerous]

I think it is not possible to reach $5k for ethereum coin. With this current crypto market, all we expect for ethereum is too reach $300 and above, however some of investors expects too much for ethereum to reach that target price, but it could be possible in the next five years if ethereum would developed.

[lienfaye]

5k is like a dream number and i am sure many eth holders and supporters will become really rich if it grows that much, i am personally trying to accumulate as much as i can before it really takes off, i do hold some but i want more and more.

Its good to hear eth might reach $5k, but is this possible? Yes but not in this current especially now that we are experiencing correction and the price of eth is decreasing slowly.

Instead of $5k I am looking forward for the price to reach $500 year. Its an acceptable growth for us to sell since we've been waiting for an improvement for years already.

[julius caesar]

What do you guys think ? I discuss some reasons why it might here : https://youtu.be/8Rg-CM2s7Q0

I dont think ethereum will rich that kind of price. It really depends on the supply and demand of the consumer. There is a possibility for it to rise up like that. If the bitcoin halving happens and the effect of it happens, there is a chance that almost all of the altcoins out there will rise its price again.

[istiak2277]

I wonder if it can reach 500$ very easy. Why do you think that way! its a daydream in my opinion. BTC needs to reach at least 50k for ETH to reach 5K. Why I think that is every market reacts with BTC move. So if BTC can cross its limits I think then other cryptos like ETH also can.

[JCviggen]

I think that there will not be a day when Ethereum will cost 5 thousand dollars. just think what kind of capitalization ETH should have for the price can reach 5 thousand dollars. in the financial industry, this is simply not possible. turn on the logic before asking

[memed97]

I wonder if it can reach 500$ very easy. Why do you think that way! its a daydream in my opinion. BTC needs to reach at least 50k for ETH to reach 5K. Why I think that is every market reacts with BTC move. So if BTC can cross its limits I think then other cryptos like ETH also can.

Obviously, because Ethereum has never experienced an increase in prices on its own, Ethereum will always move up if Bitcoin is always moving upwards, and to reach $ 5K for an Ethereum will be very difficult even though it could happen for a long time.

[GreatArkansas]

I wonder if it can reach 500$ very easy. Why do you think that way! its a daydream in my opinion. BTC needs to reach at least 50k for ETH to reach 5K. Why I think that is every market reacts with BTC move. So if BTC can cross its limits I think then other cryptos like ETH also can.

It's easy to reach once we break the $300 price of ethereum.
Also, for sure Bitcoin will first to move higher, like breaking the previous all-time-high of Bitcoin then for sure we can see above $500 on Ethereum. Especially if the Ethereum 2.0 or the Proof of Stake mechanism on Ethereum will become available.

[Finestream]

I think it's not likely to reach that high, people now are more clever, they certainly learn from the past big FOMO so at the current price of sub $200 now, I even think that it would struggle to reach a new ATH, my highest prediction would be x10 of the current price, so it's only $2,000, but like I said, it will struggle, unless people are getting caught by big FOMO again.

[Vishnu.Reang]

To tell the truth, it is surprising to me that Ethereum has remained as the no.2 cryptocurrency and the top altcoin for so long. Ever since its ICO in 2014, Ethereum managed to build a loyal userbase for itself. But for the past couple of years, the development has taken a back seat. The developers are making no effort to make ETH a better cryptocurrency.

[awakpane]

In my opinion, it's hard if the ETH price reaches $ 5k. indeed lately ETH prices continue to experience a good price increase in the market. however, the price increase might only reach $ 500 this year. this is in my estimation.