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Author Topic: How high do you see Ethereum going this market cycle?  (Read 597 times)
thecodebear (OP)
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December 14, 2020, 04:51:56 AM
 #1

Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?

$4000? $5000? Higher?
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December 14, 2020, 05:19:26 AM
 #2

Seeing the current scenario if the movement goes well then we can see above $1500 very soon.
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December 16, 2020, 08:50:46 AM
 #3

$100K and $4/5K prices are just speculation. BTC, ETH can reach there but not in 2021. If it reaches 100K in 2021, what will happen in 2030? I expect $30-40K for BTC and 1K-1.5K for Ethereum.

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December 16, 2020, 09:32:45 AM
 #4

Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?

$4000? $5000? Higher?
100k is an impossible thing for bitcoin to be reached next year. 30k looks possible to happen but if you are aiming for 100k and you should able make all of billionaires to invest in bitcoin. ethereum should touch 700 or 800 as its next target.
We must predict it based on the movement that happened with the market. Bitcoin is not even surpassing 20k and how is it possible for bitcoin to be reached 5x times from its current value?
You must use your sense dude.

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December 16, 2020, 12:48:26 PM
 #5

Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?

$4000? $5000? Higher?
^ maybe if Bitcoin is priced at $ 100k then we will see Ethereum being priced at $ 3k - $ 5k. changes in the price of Ethereum are strongly influenced by the price of Bitcoin. What I'm worried about is the gas fee which will definitely be expensive if Ethereum is priced at $ 3k - $ 4k.

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December 16, 2020, 01:58:10 PM
 #6

Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?

$4000? $5000? Higher?
Today after Bitcoin finally Broken the ATH of 2017 hitting $20,400 value ,Ethereum also break once again the $600 level in which good news for all expecting the High rise .

But suddenly any sign of getting close to 4 digits again is far from happening and looking for 2021 is just another speculations.

Maybe i will just wait for what will happen,but surely i will sell before the year ends and buy again after the correction.









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December 16, 2020, 02:19:03 PM
 #7

Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?

$4000? $5000? Higher?
bitcoin reaching $ 100k is still tough. For ethereum the best target is $ 1000 I think it can be achieved that's realistic and there are still opportunities for ethereum

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December 16, 2020, 02:34:24 PM
 #8

$100K and $4/5K prices are just speculation. BTC, ETH can reach there but not in 2021. If it reaches 100K in 2021, what will happen in 2030? I expect $30-40K for BTC and 1K-1.5K for Ethereum.
If ethereum reach 100k in 2021 then Bitcoin must be more than a million each?damn that's too fast than what we are looking for.
and besides there is no faster movement than that for our market cycle now.

Look at how much the value today,Bitcoin Hit finally the 20,000$ mark while ETH is $600 so far from this speculation.

We'll have another chance in future but not this rush please,Dont mislead people .

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December 16, 2020, 07:11:12 PM
 #9

I would say the logical part would be going towards 1k first, the market is great and all but to talk about 5k before it can even reach to 1k would be not serious and we need to be serious about these type of topics. If you really really want to make money, just get 32 eth or more and just stake it, eventually you will have money and keep reinvesting your profits to it to keep making more profit and remove all other logic from your mind.

However if you really want to trade it, and buy right now to sell later to make money, know that 5k is not possible right now, it is not even at 1k right now. First we need to let bitcoin go up as much as it can, and then sell it when it stops and move to ethereum, which will start to increase and after that we can talk about only 1k, not even more.

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December 16, 2020, 08:30:01 PM
 #10

Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?

$4000? $5000? Higher?
^ maybe if Bitcoin is priced at $ 100k then we will see Ethereum being priced at $ 3k - $ 5k. changes in the price of Ethereum are strongly influenced by the price of Bitcoin. What I'm worried about is the gas fee which will definitely be expensive if Ethereum is priced at $ 3k - $ 4k.

The gas fee really made me so frustrated since the last time I had my trading, it definitely give me stressful experience because I only got small gains. I wasn't able to achieve much higher gains compared to those days that entire cryptocurrency market of 2017, went so fruitful. Eth only got small transaction fees in times of year 2017 'til 2018, but these days it seems to be different, so I won't expect changes will soon happen with eth, once price increase commence fees would also be increasing badly.
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December 16, 2020, 08:38:51 PM
 #11

Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?

$4000? $5000? Higher?
I'm only thinking for around $2k-$3k for Ethereum. But if it could go as high as $4k, $5k and so on. That's amazing and incredible and wishing that I still haven't sold by that time.
Ethereum should be around $1k now when bitcoin has reached $20k once again. But alt season usually comes after the great cycle bull run for bitcoin and that could come around next year.

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December 16, 2020, 09:13:17 PM
 #12

Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?

$4000? $5000? Higher?
bitcoin reaching $ 100k is still tough. For ethereum the best target is $ 1000 I think it can be achieved that's realistic and there are still opportunities for ethereum

no, i think if bitcoin reach that level, ethereum will create new high my friend, not only $1000 but more than $2500 i believe that
because ethereum is the best altcoins at this moment


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December 16, 2020, 10:00:16 PM
 #13

Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?

$4000? $5000? Higher?

i believe if bitcoin price touch about $100K, ethereum will touch about $3000 my friend
and maybe for now is the best time to collect more ethereum before the rally on eth coming

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December 17, 2020, 02:13:37 AM
 #14

The market cycle may be more precise on Bitcoin, but I started not to believe it on altcoins, especially on Ethereum.
Why? Because of this new all-time-high price of Bitcoin, which on the previous all-time-high of Bitcoin, around $19,000 at around Dec 2017, Ethereum tops around $1,000+. But look at now, still, around 50% from it's all-time-high.
I am still looking forward to this that it will happen more in the future.

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December 17, 2020, 02:35:48 AM
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The first intention for most investors will sell their ethereum at its all-time high $1400, after that it depends on the market condition. As of now, a few weeks ago bitcoin has reached its previous all time high but its price just falls because some investor sold their bitcoin and wait what will happen.

Gratefully, the current situation has pushed many people to hold bitcoin because of the coronavirus. The investor will see the economic development from some countries if they face a bad thing such as they must create a lot of money as a stimulus to get their economy back up and running as usual.

This factor will make bitcoin price up since there are many people who consider that bitcoin is a safe heaven place so that they can save their money into it. And that is what has happened now, bitcoin price up because there is a condition which can make many people buy bitcoin. This will happen to ETH too, they (investors) will deliver to an all time high first and wait for the next possibility.

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December 17, 2020, 02:37:39 AM
 #16

$100K and $4/5K prices are just speculation. BTC, ETH can reach there but not in 2021. If it reaches 100K in 2021, what will happen in 2030? I expect $30-40K for BTC and 1K-1.5K for Ethereum.


$100k and $4/5 is speculation. you are right. So is $30-40k and $1-1.5k haha. Any guess is a speculation. Doesn't mean your very low speculation is better than higher speculation. In fact you are on the extreme low end. $1k-1.5k for ETH?? LAST market cycle it hit that top of that range at over $1400. It will be farrrr higher in 2021. $30k-40k for BTC could be passed this spring, with plenty of price gains left in the near term. $100k is a very realistic target for 2021, and I think most people who follow the market would agree with that. For ethereum obviously it's not just gonna stop at its old peak, but go several times higher than that, thus my question still stands.
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December 17, 2020, 02:53:30 AM
 #17

Why? Because of this new all-time-high price of Bitcoin, which on the previous all-time-high of Bitcoin, around $19,000 at around Dec 2017, Ethereum tops around $1,000+. But look at now, still, around 50% from it's all-time-high.

In 2017 there was the ICO boom, which probably isn't quite matched by the DeFi boom this year and besides there are all sorts of layer 2 tricks these days to offload the transaction volume from the Ethereum chain so the demand impact is different. Inflation is higher than BTC (used to be the other way round before 2020 halving). On the other hand ETH2 is locking up a ton of coins - 1.5 million and counting - that also impacts the price. Different ecosystems, different price paths between BTC and ETH.

I can imagine ETH slowly rising as more coins get locked up in ETH2 until withdrawals become available and/or staking gains fall enough so that it's no longer lucrative.
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December 17, 2020, 05:47:09 AM
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Why? Because of this new all-time-high price of Bitcoin, which on the previous all-time-high of Bitcoin, around $19,000 at around Dec 2017, Ethereum tops around $1,000+. But look at now, still, around 50% from it's all-time-high.

In 2017 there was the ICO boom, which probably isn't quite matched by the DeFi boom this year and besides there are all sorts of layer 2 tricks these days to offload the transaction volume from the Ethereum chain so the demand impact is different. Inflation is higher than BTC (used to be the other way round before 2020 halving). On the other hand ETH2 is locking up a ton of coins - 1.5 million and counting - that also impacts the price. Different ecosystems, different price paths between BTC and ETH.

I can imagine ETH slowly rising as more coins get locked up in ETH2 until withdrawals become available and/or staking gains fall enough so that it's no longer lucrative.

Let's also not forget that Eth was only at $700 even a couple weeks after Bitcoin peaked and started falling. Eth went from $700 to $1400 during January 2018 as Bitcoin was crashing. So it isn't surprising to see Eth price trailing Bitcoin price by quite a bit when it comes to comparing them to the old peaks from the last bull run. Eth was stuck at $300 for several months and then stuck at $600 for a bit until right at the end of the last bull market. If something similar happens we could see ETH only at like $2000-$3000 when Bitcoin is let's say peaking above $100k, and then when Bitcoin starts crashing ETH shoots up to $5k. It isn't at all surprising that ETH is trailing BTC in price movement.

ETH also isn't being picked up as much buy institutional investors as BTC, so that too will lead to BTC taking the lead until the retail market starts FOMOing in to both BTC and ETH perhaps during the second half of 2021.

As you say, DeFi also isn't as big a short term boom factor as ICOs were in 2017. DeFi will be far larger over the long haul though. Even just in the next year, between DeFi and staking there should be many millions of Ether locked up.
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December 17, 2020, 07:34:58 AM
 #19

Assuming this market cycle comes to a close at the end of 2021, how high do you see Ethereum going? $100k seems to be the main target for Bitcoin, but what about Ethereum?

$4000? $5000? Higher?
when bullrun reaches its peak, Ethereum will break ATH. that's what I believe, to this day. no matter what the target is for bitcoin and other coins. but ethereum won't be able to fly any farther than ATH. because ethereum is not at its best yet. the ETH 2.0 network is still not fully operational.
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December 17, 2020, 07:58:57 AM
 #20

I will first look at it in term of bitcoin value before the parabolic. At the moment except for the staking Ethereum has nothing or news to drive the price. We only rely on Utility use e.g Defi, transaction fee, smart contract etc that has always been. The staking will make the coin scarce, Over 1% of ethereum is staked at the moment. I expect Ethereum to climb toward 0.1btc (2500+) in the first part of the year and probably make a higher climb after the parabolic market towards 0.15btc (20000+).

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