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Author Topic: Can ETH reach $5k in this up cycle ?  (Read 2285 times)
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March 29, 2020, 05:10:39 PM
 #161

There is no chance whatsoever that ETH can reach $5k anytime soon. Appreciate this thread was started before the coronavirus outbreak, but even if it hadn't happened, $5k would be very optimistic. ETH is certainly a great project and they are progressing well with the roadmap towards hybrid PoS and 2.0 ... but that sort of huge sudden increase for a high cap coin seems very unlikely.

Still, there is one option - inflation. If governments continue to solve all problems by printing money, sooner or later it will result in inflation. I'm not saying that this is being done wrong now (at the moment this is a necessary measure since the crisis is very serious), but I hope that governments will not abuse it.

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March 29, 2020, 06:30:48 PM
 #162

There is no chance whatsoever that ETH can reach $5k anytime soon. Appreciate this thread was started before the coronavirus outbreak, but even if it hadn't happened, $5k would be very optimistic. ETH is certainly a great project and they are progressing well with the roadmap towards hybrid PoS and 2.0 ... but that sort of huge sudden increase for a high cap coin seems very unlikely.

Still, there is one option - inflation. If governments continue to solve all problems by printing money, sooner or later it will result in inflation. I'm not saying that this is being done wrong now (at the moment this is a necessary measure since the crisis is very serious), but I hope that governments will not abuse it.

Agreed with you inflation will become very big problem when current would be calm down so it would help the crypto projects to reach out new ATH. I also think there are so many possibilities but it is much hard to to predict at this stage.
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March 29, 2020, 10:39:03 PM
 #163

for now $ 5000 is a big number for Ethereum, without altcoin season, Ethereum will not be able to reach the price of $ 5000, moreover the market conditions this time are very bad for altcoin, Ethereum has decreased from $ 250 to $ 130, and can not survive at the level of $ 200 this a bad performance!

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March 30, 2020, 02:52:12 AM
 #164

for now $ 5000 is a big number for Ethereum, without altcoin season, Ethereum will not be able to reach the price of $ 5000, moreover the market conditions this time are very bad for altcoin, Ethereum has decreased from $ 250 to $ 130, and can not survive at the level of $ 200 this a bad performance!
however the impact of the decline in bitcoin can also be ascertained to ethereum, even though ethereum is among those that are still quite stable and able to maintain, compared to last year the current ethereum is still quite good. although I agree with you that it is unfortunate that ethereum does not survive at the level it should be at $ 200. but to be able to reach $ 5K for ethereum might be very difficult at times like this. because the economy was quite devastated by the impact of the corona epidemic, at least crypto was also affected.

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March 31, 2020, 07:20:13 PM
 #165

Of course it will not be possible for ETH to reach $5000, it will take a lot of positive news and a couple of years and everything should go perfectly, and this does not happen in crypto.
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March 31, 2020, 08:38:15 PM
 #166

for now $ 5000 is a big number for Ethereum, without altcoin season, Ethereum will not be able to reach the price of $ 5000, moreover the market conditions this time are very bad for altcoin, Ethereum has decreased from $ 250 to $ 130, and can not survive at the level of $ 200 this a bad performance!

You are right $5000 target is not possible in the present situation. Like other altcoin, eth has dumped huge. So here it is clear eth is nothing more than just an altcoin. If Bitcoin goes up this year it is expected that eth will recover. But $ 5000 is a huge target for eth. It will not be possible at this time.

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March 31, 2020, 09:01:48 PM
 #167

for now $ 5000 is a big number for Ethereum, without altcoin season, Ethereum will not be able to reach the price of $ 5000, moreover the market conditions this time are very bad for altcoin, Ethereum has decreased from $ 250 to $ 130, and can not survive at the level of $ 200 this a bad performance!

You are right $5000 target is not possible in the present situation. Like other altcoin, eth has dumped huge. So here it is clear eth is nothing more than just an altcoin. If Bitcoin goes up this year it is expected that eth will recover. But $ 5000 is a huge target for eth. It will not be possible at this time.

I agree that the $5k level seems unachievable at the moment for Ethereum.
I also agree that Ethereum and all Altcoins have lost tremendous value in over two years.
However, in the fact that they have lost a lot in value, I see the potential for large price increases.
It seems that printing money all over the world, the global economic crisis, the decline in the value of gold and silver make cryptocurrencies the most practical investment. I think the period for which all cryptocurrency supporters were waiting begins. It is now proving how practical and useful cryptocurrencies are and in a few months (maybe a year) the price of $5k for 1 ETH in my opinion is absolutely very real.

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March 31, 2020, 10:30:41 PM
 #168

The last 2017 Bullrun gives a chance for ETH to reach $1k and we consider that year is really fantastic and a remarkable year for crypto history.
Then we are looking for the price to reach $5k this year, maybe we blinded enough the real scenario and what is really the capability of the market.

Well, if that will happen it gonna be a miracle but I could say it was far from the possibility and even though how optimistic I am, I'm not really to think that far. Even reaching back to $1k is still a low chance to happen again.

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March 31, 2020, 11:28:21 PM
 #169

Maybe those who are waiting for such fantastically high levels of ETH price suggest that by then ETH will be the top 1 cryptocurrency? In this embodiment, such expectations look logical. However, there is a possibility that a new cryptocurrency will appear and it will be top-1 and not bitcoin or ETH.
I am not having high hopes on the ETH market and i doubt whether it will be able to reach their old all time high valuation but to think of any other technology that could surpass bitcoin and become the top coin, no way possible, the entire crypto market is weighing on the bitcoin market and if that tumbles then the entire market will be done and dusted.
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April 01, 2020, 06:40:33 AM
 #170

I don't want to destroy your confidence about ethereum, but right now, hoping the ethereum price reaches $ 500 is enough. many people say that the price of ethereum will again reach its new ATH this year, but the current situation is not very supportive. so, when the price of ethereum reaches $ 500, that's already extraordinary.

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April 01, 2020, 07:10:56 AM
 #171

I don't want to destroy your confidence about ethereum, but right now, hoping the ethereum price reaches $ 500 is enough. many people say that the price of ethereum will again reach its new ATH this year, but the current situation is not very supportive. so, when the price of ethereum reaches $ 500, that's already extraordinary.

Yep,,, I would say the same. We all want all our coins to go up to their original ATH but I have been saying for years that this year is the EARLIEST for ETH to go back to ATH, so now we are here and it may still happen but let us be realistic that it will not, 2021 even too early maybe.

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April 01, 2020, 09:21:55 AM
 #172

Maybe those who are waiting for such fantastically high levels of ETH price suggest that by then ETH will be the top 1 cryptocurrency? In this embodiment, such expectations look logical. However, there is a possibility that a new cryptocurrency will appear and it will be top-1 and not bitcoin or ETH.
I am not having high hopes on the ETH market and i doubt whether it will be able to reach their old all time high valuation but to think of any other technology that could surpass bitcoin and become the top coin, no way possible, the entire crypto market is weighing on the bitcoin market and if that tumbles then the entire market will be done and dusted.

There are already services that accept payments with various cryptocurrencies but do not accept payments with bitcoin. Bitcoin and other cryptocurrencies are different projects and the death of one project (even the very important and the first) will not lead to the death of all projects. Such is evolution — only the strongest and most effective remain. And we don’t know who will be the most effective in the future.

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April 01, 2020, 05:41:36 PM
 #173

As much as we would like, ETH will not be able to grow to $5k in this cycle, because it is a very big growth and big investment in ETH, and now there is not much money in the market to invest in ETH.
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April 01, 2020, 11:32:37 PM
 #174

You are too confident that ETH will reach $ 5,000. In my opinion it is not possible, especially with the current conditions the whole
world is still focused on stopping the spread of the corona virus. So ETH is likely to only reach $ 300- $ 500 this year, even to get
back to the ATH price of $ 1,400 is impossible. I suggest you do research and re-analysis of prices ETH, because ETH will reach the
price of $ 5,000 is very unreasonable and delusional in my opinion.

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April 02, 2020, 02:27:28 AM
 #175

As much as we would like, ETH will not be able to grow to $5k in this cycle, because it is a very big growth and big investment in ETH, and now there is not much money in the market to invest in ETH.
Certainly $5,000 will never happen and will not happen this year because the situation is now very bad. A lot of people predict there will be a lot of new price increases in 2020, but things have been going back since the arrival of covid-19. I'm not sure what the future of this market will be like but you should limit your investment and should wait until things return to normal because investing now only makes you more frustrated.

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April 02, 2020, 05:35:58 AM
 #176

As much as we would like, ETH will not be able to grow to $5k in this cycle, because it is a very big growth and big investment in ETH, and now there is not much money in the market to invest in ETH.
Certainly $5,000 will never happen and will not happen this year because the situation is now very bad. A lot of people predict there will be a lot of new price increases in 2020, but things have been going back since the arrival of covid-19. I'm not sure what the future of this market will be like but you should limit your investment and should wait until things return to normal because investing now only makes you more frustrated.
don't be so pessimistic friend. we still have the possibility with some updates from some big platforms that can improve the crypto market. it all depends on how these economic problems are immediately resolved. when it is quickly resolved there will be a possibility that all will recover faster.

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April 02, 2020, 08:49:29 AM
 #177

I don't want to destroy your confidence about ethereum, but right now, hoping the ethereum price reaches $ 500 is enough. many people say that the price of ethereum will again reach its new ATH this year, but the current situation is not very supportive. so, when the price of ethereum reaches $ 500, that's already extraordinary.

Is this based on just randomly picking a number out of the ordinary? I admit, psychologically, $500 is a big figure but we all remember even $400 has been a historical resistance. I would say past $400, $500 is no longer an issue onwards to $700 and $800 before the next point of no return.

To be honest, Ethereum at 400-500$ is huge now. It seems we are back again at the low price of Ethereum when 300$ was a dream! From the Q3 of 2018 to now, Ethereum yet to hit 400$, so, 700-800$ seems a daydream now and 5K USD is just impossible. If the ETH 2.0 works well if the bull run comes then Ethereum may go for 590$, not before!

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April 02, 2020, 01:43:41 PM
 #178

As much as we would like, ETH will not be able to grow to $5k in this cycle, because it is a very big growth and big investment in ETH, and now there is not much money in the market to invest in ETH.
Certainly $5,000 will never happen and will not happen this year because the situation is now very bad. A lot of people predict there will be a lot of new price increases in 2020, but things have been going back since the arrival of covid-19. I'm not sure what the future of this market will be like but you should limit your investment and should wait until things return to normal because investing now only makes you more frustrated.
don't be so pessimistic friend. we still have the possibility with some updates from some big platforms that can improve the crypto market. it all depends on how these economic problems are immediately resolved. when it is quickly resolved there will be a possibility that all will recover faster.
In order for the market to recover quickly, BTC needs to reach $100,000 soon in the next 3 years but I think this will not happen now and the economic situation is increasingly difficult. In addition, the demand for investing in ETH is very low, and within the past 2 years this coin has only decreased, making me feel uneasy. However, the market will return soon and I just wish ETH could return to the old ATH.



                                                                                                                                             
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April 02, 2020, 01:48:14 PM
 #179

It is possible but this year maybe the chace is 50 percent only because right now we need to rise market now because we are experiencing dumping of coins. Ethereum is one of the good altcoins since it release and many crypto user are support this coins because they see the potential. But for this cycle I think I give it 1k dollars for maximum value but in the future more tha 5k dollars is the right value for ether.
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April 02, 2020, 06:21:52 PM
 #180

It is possible but this year maybe the chace is 50 percent only because right now we need to rise market now because we are experiencing dumping of coins. Ethereum is one of the good altcoins since it release and many crypto user are support this coins because they see the potential. But for this cycle I think I give it 1k dollars for maximum value but in the future more tha 5k dollars is the right value for ether.
It seems to me that now ETH cannot reach even 1000$, this year I think ETH can grow to a maximum of about 500$, maybe a little higher...
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