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Author Topic: Can ETH reach $5k in this up cycle ?  (Read 2288 times)
Crypto_lion
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March 01, 2020, 01:02:27 PM
 #101

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

The possibility of ethereum reaching 5 thousand doesn't seem likely within the next two years.  I mean even during the massive bull it didn't reach 2k and with what seems to be everlasting crypto winter and even Bitcoin struggling I don't see it happening in the near future. I think most would be happy to see 500$ again.

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March 01, 2020, 01:12:15 PM
 #102

It it would depend on the market situation, still. If the price would consistently increase, ofcourse there is a huge chance that such market value will be reached. But first, what could trigger such increase? In Bitcoin, there's Bitcoin halving which is being anticipated to cause an uprise. If this would also be the only basis, I think it won't be possible. There is no certainty that its market value will be hundred percent aligned to the market price of Bitcoin. I mean on the past uprise of its price, there is somewhat a parallelism, but there should be more than that given that a market value of $5,000 is far from the 'reality'.
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.
Well, this is a realistic estimation and way better than other's speculation that it would be a two-time higher than its ATH. But it could be higher, not that far from its all time high, there could be an increase this year due to the halving which could affevt other cryptos market price including ethereum which is believed to be next to Bitcoin.
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March 01, 2020, 07:35:33 PM
 #103

There was great doubt about the belief that ETH would rise above ~ $ 15 in 2017. As it turned out later, the doubts were false. Who knows, maybe this year there will be a similar pump

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March 01, 2020, 08:38:26 PM
 #104

I think that 5000USD in the future is not a prediction but just prayer to happen. For me it seems impossible when now Ethereum is traded for 200USD, with better fundamentals than anytime before. Plus you have to realize that Ethereum has pretty high inflation rate and people will start selling their earned Ethers from a staking program.

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March 01, 2020, 10:46:54 PM
 #105

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

Nothing is impossible but now it's a quite ambition thought i think. ETH is really good alt coin but expecting $5k is big thing. Many of people saying this is a ETH year. Well they have point for that though. ETH have massive community and because of that this token growing every day. There is huge possibility that this token will be bump in upcoming halving. And my opinion it'll be go around $2k.
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March 01, 2020, 11:56:41 PM
 #106

Depends of what Bitcoin can achieve in price right ? Because we know that Ethereum kinda depends on Bitcoin like any other cryptos even if they're no likely at all almost. Ethereum will have his shining moment again when bull run will begin and for me 5k$ could be an achievable price but we never know so all we can do is to speculate and hope the price will be higher than the previous cycle.

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March 02, 2020, 08:14:27 AM
 #107

There is huge competition between top altcoins so it's absolutely impossible for ethereum to touch $5k mark this year and I don't think that it's going to be possible in upcoming couple of years but we may expect it's impressive growth because of ethereum network which is one of the popular smart contract platform with brilliant structure.
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March 02, 2020, 05:01:08 PM
 #108

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

Even though I hold ETH and regard it as the best altcoin I can't and won't give myself such false hope by thinking that price will be achieved in this cycle. No matter what anyone say, it pays to be realistic atimes; take a look at the market and see how unpredictable it is, how volatile it is and how many things affects it, then someone somewhere is predicting such price for ETH, the question is what would be the price of Bitcoin then? The reality is, a great number of people prefer Bitcoin to other coins and it won't change anytime soon, so it's better we remove such anticipated price for now from our minds and allow the market do its thing. Let's get above $500, then maybe $1000 will be achieved but $5000 is not happening anytime soon.

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March 02, 2020, 05:51:09 PM
 #109

What do you guys think ? I discuss some reasons why it might here : https://youtu.be/8Rg-CM2s7Q0
No, Ethereum will not reach this mark in the near future. I suggest that the cost of Ethereum at $ 5,000 will be in 2 years.

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March 02, 2020, 06:01:25 PM
 #110

Depends of what Bitcoin can achieve in price right ? Because we know that Ethereum kinda depends on Bitcoin like any other cryptos even if they're no likely at all almost. Ethereum will have his shining moment again when bull run will begin and for me 5k$ could be an achievable price but we never know so all we can do is to speculate and hope the price will be higher than the previous cycle.
ethereum prices will indeed go up high with the support of bitcoin. the higher the price of bitcoin, the higher the price of ethereum. however, if it depends on the price of bitcoin, I think bitcoin needs to reach a very high price so that ethereum prices can reach $ 5,000. for now, I can't even imagine the price of bitcoin is so high that it makes ethereum to $ 5,000. if that happens, not only will ethereum prices go up, but 99% of crypto prices go up. however, it is still difficult to speculate for the price of ethereum which could reach $ 5,000.

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March 02, 2020, 06:05:37 PM
 #111

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

If we talk about a new cycle, and not today, then ETH can reach a mark of 5000 USD at a new peak. Moreover, we have already entered a new cycle and there are great news ahead of us to improve the ETH network, there are other news in favor of Ethereum, for example, XRP plans to use ETH smart contracts, major banks consider ETH as an alternative. This and much more speaks of the growing interest in ETH and with the new growth of the crypto market, ETH may well surprise everyone.
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March 02, 2020, 07:58:36 PM
 #112

If we talking about Ethereum reaching $500 this cycle then I say yes, there is a huge possibility that ETH will reach it once the altcoin Bull run started but about it reaching $5k, I am in doubt that it will, and I think the highest ETH price this cycle will be just around breaking its ATH or $1500 at most.  That $5k would probably be reached after half a decade, maybe.

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March 02, 2020, 08:09:53 PM
 #113

I really don't think so, 5k is a huge target and knowing the way eth operates sometimes I will not count on it, I don't think eth 2.0 is enough to push price up to 5k, at least 1k is a reasonable target to achieve at this time,
But again, sometimes the market can surprise people,  and always know the risk involve in making an investment.
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March 02, 2020, 08:37:53 PM
 #114

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

I really admire this high optimism that many people who have cryptocurrencies show. But most of the time it is an exaggerated and illusory optimism. If in the past, when ICOs were very successful, ETH managed to reach $1300, how is it expected that ETH will be able to increase by more than 3X in relation to the price of $1300 that it reached in the past thanks to the enormous success that ICOs had ? where would so much demand come from? I read the article and honestly it seems like a great delusion to think about $5000 for this year

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March 02, 2020, 09:06:27 PM
 #115

Everything is possible but to be honest, $ 5K as a price is not expected to happen especially in the near future, even after Bitcoin halving, it is impossible Ethereum will rise to this value. Remember that the current price of Eth is just $230. Furthermore, I predict that this currency will pump with a significant value after few weeks, it may reach to $300 or $350.
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March 10, 2020, 10:47:43 AM
 #116

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

If we will be going to base with the current situation, I think we still cannot foresee that Ethereum's price can reach up to the expected price of yours which is $5,000 because as of the moment, the price standing of Ethereum in the market is still not yet reaching the price mark of even $1,000. So if we will be basing the answer with that given situation, well it is too far to happen the Ethereum's price can reach up to $5,000. But still there is a possibility that the price of Ethereum can rise up slowly concerning the other contributing factors needed to rise up its price. It will be good to see that the price is rising even if the price does not reach the expectation of $5,000 because the most important thing is that we are seeing an improvement on its price and it is on a desirable one so that it will become profitable in all manners.

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Wildwest
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March 10, 2020, 11:42:44 AM
 #117

For now the numbers you say may not yet be able to, and at this time we can see the price of Bitcoin began to increase and I believe this will positively impact the altcoin especially ethereum if Ethereum can reach $250 this will be very extraordinary, and I Sure this year the development of Ethereum will be increasing.

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gandame
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March 10, 2020, 11:54:39 AM
 #118

Looking for the current price of ethereum as of today, it  seems impossible. I am actually a fan of ehereum but I am just stating the truth about its current situation. $5k is far from reality, maybe it might range from $1k - $2k, after that, it will dump again.

Ethereum is having difficulties increasing its price, We don't know when it will increase again and if ever that it will increase, there is no guarantee that it will reach $5k.

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March 10, 2020, 11:56:20 AM
 #119

For now the numbers you say may not yet be able to, and at this time we can see the price of Bitcoin began to increase and I believe this will positively impact the altcoin especially ethereum if Ethereum can reach $250 this will be very extraordinary, and I Sure this year the development of Ethereum will be increasing.
As we try to be optimistic, ETH now suffered a major dump, looks like the possibility of seeing the next bullish is quite a little dim for us now.
We like to achieve a very good price but now the market are struggling, ETH even dump below $200 and it's having a hard time staying at least at the $200 level.

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March 10, 2020, 12:15:34 PM
 #120

compared current price to price target on $5k this year, i am doubt it could happen. rise more than 25x , if there is no extreme news that create extreme demand it impossible to happen. be realistic and dont put hope too high or we will feel disappointed when price didnt reach our target. maybe $750 more realistic to achieved.
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