Is ETH overpriced?

[trauchot]

I do not think that the price of Ethereum is overpriced because Ethereum is the most popular altcoin and the technologies and capabilities of Ethereum are the most popular and therefore the price of Ethereum can rise and rise, so at the moment the price of 1 Ethereum is only 950$, I believe that this is still very little.

[1715663385]

1715663385

[1715663385]

1715663385

[1715663385]

1715663385

[1715663385]

1715663385

[masterrex]

I think it should be clear by the Eth developers about these token supply issues, It was always a hot topic about Ethereum when it comes to its total supply,  By the way, it seems that Ethereum investors and users have no serious reaction to this accusation or topic. Today Ethereum price was hit $1164 but the worst thing is the monstrous gas fees are so annoying I feel I was rob every time I'm sending Ether.

[Mauser]

I do not think that the price of Ethereum is overpriced because Ethereum is the most popular altcoin and the technologies and capabilities of Ethereum are the most popular and therefore the price of Ethereum can rise and rise, so at the moment the price of 1 Ethereum is only 950$, I believe that this is still very little.

I agree with you, ETH is definitely the most asked for alt coin in 2020. Investors really like the coin, so saying that it is overpriced is wrong in my opinion. Ethereum and Bitcoins both have a good run at the moment. Even though prices are so high, I am not going to sell my coins. There is definitely room for improvements.

[dotcoin.info]

I definitely feel ETH was overpriced during its run to the last ATH of around $1400. It was slow, it had only gambling dapps and scam ICOs, no real practical use.

Today it has slightly improved. ETH 2.0 is not here yet but there are Layer 2 solutions. ICOs are dead,,, yes replaced somehow by DeFi but those not to the ICO scale, and dapps are becoming more mature. Perhaps 1400 is not overvalued anymore?

Nothing definite can be said about this. Ethereum was previously priced at $ 1,500, was it overvalued then? Then it dropped to $ 100. Was he underestimated then?
All these are rhetorical questions because the price is formed due to supply and demand and due to the movement of bitcoin.

[Brindez_kromo]

I don't think you can compare Ethereum with litecoin,, Ethereum has many uses even Altcoin do Ethereum-based smart contracts they also hold on to the price of Ethereum.
This is a positive trend effect of rising bitcoin prices because Ethereum is the second favorite coin after bitcoin.
I hope with this trend long-lasting can boost the price of altcoins based on Ethereum,, after 2017 I think it's time for the highest achievement of Ethereum.

[Abiky]

Ethereum will have a deflationary pattern or inflation will be minimal. Now a lot of coins are mined by miners, but this will last no more than 2 years (as Vitalik promised us)
Ethereum will soon be burned after the EIP-1559 update.
https://twitter.com/econoar/status/1340890862662782976

This is good news. If the "EIP" becomes adopted by the majority of ETH miners, then Ethereum will be able to become as good as any store of value (like Bitcoin or Gold). This is what we need in order to maintain ETH's price levels at their ATHs. Inflation does no good towards the long-term price of a currency. A deflationary model will only ensure prices go up all the way to the moon. Imagine ETH hitting $5k for the first time. It would make many early adopters insanely rich. Of course, I'm being optimistic here. But with ETH's ever-increasing usage and popularity, this could become a reality faster than you could ever imagine.

Whenever ETH is overpriced or not, will greatly depend on many factors such as supply, demand, and mainstream adoption. So far, ETH has high demand and mainstream adoption. But its supply is undefined. Until the network adopts the aforementioned "EIP", ETH will only be used as "digital cash" instead of a store of value. Just my opinion

[marilynmanson21]

Overpriced or not, ethereum price already increases and finally, the price can break $1k. That is good news to us because what we expect to the ethereum can happen today. But after reaching the new ATH this day, ethereum price back to the lower price but it still above $1k. But the price can significantly increase, so I think ethereum is not overpriced because the price can reach the next high price.

That's great news for those who hold ethereum, I don't hold ethereum so the rise doesn't have any impact on me,
I think Ethereum has gone up too high, no matter the price of Ethereum will go up again or not, the price of 1k USD is the most expensive price in my opinion.

[satria157]

this is not how likely Ethereum will jump even faster, this proves that Ethereum is the strongest coin after Bitcoin

[republicrypto]

Overpriced or not, ethereum price already increases and finally, the price can break $1k. That is good news to us because what we expect to the ethereum can happen today. But after reaching the new ATH this day, ethereum price back to the lower price but it still above $1k. But the price can significantly increase, so I think ethereum is not overpriced because the price can reach the next high price.

indeed, the price of ethereum is not overpriced, even its still low buddy, because i believe in the near time ethereum price will grow and touch more than $2000  my friend
regards

[7788bitcoin]

Today it has slightly improved. ETH 2.0 is not here yet but there are Layer 2 solutions. ICOs are dead,,, yes replaced somehow by DeFi but those not to the ICO scale, and dapps are becoming more mature. Perhaps 1400 is not overvalued anymore?

We are seeing the same old scams under a new name and the maturity of the market will be determined if they can sustain that in the next five years. I am not aware of ten ICO projects that are still sustaining and the amount of money raised are wasted and the developers made all the money and we will see how long the DeFi market will last. There are several changes in ETH 2.0 and only time will tell whether it can sustain the promises they are making this time.

[Abiky]

That's great news for those who hold ethereum, I don't hold ethereum so the rise doesn't have any impact on me,
I think Ethereum has gone up too high, no matter the price of Ethereum will go up again or not, the price of 1k USD is the most expensive price in my opinion.

Anything above $1k is high for ETH. Prices need to remain low for people to be able to interact with smart contracts on a daily basis. Imagine paying a fee of $100 every time you use a decentralized application. It's the reason why ETH developers didn't establish a max supply in the first place. The intention was to make ETH an inflationary coin that would remain cheap for smart contracts. It's not meant to be a store of value like Bitcoin. Unfortunately, the high demand is what's keeping ETH's price on its ATHs. We could say that ETH is overpriced by comparing it with other coins that have a limited supply such as Litecoin and DASH. That's largely because ETH doesn't have a fixed supply. In other words, its supply will grow indefinitely for the foreseeable future. Both Litecoin and DASH should've been worth thousands of dollars, while ETH should've been worth double digits in price.

Nonetheless, crypto behaves in many strange and bizarre ways. I've seen many worthless coins being worth hundreds of dollars in an instant. On the other hand, I've seen many valuable coins go all the way down the drain due to lack of interest from people in the mainstream world. Everything will depend on mainstream adoption above all else. The high prices explains ETH's popularity relative to other cryptocurrencies on the market. It's the second-most-popular cryptocurrency in the world behind Bitcoin. As long as this is the case, prices will go up regardless of ETH's current circulating supply. Just my opinion

[layoutph]

I dont think its overpriced just take a look at the price of YFI and Bitcoin price. As long as Bitcoin goes up, ETH and other crypto will go up too. If Bitcoin is about to crash its price then that is the only time to sell the alts.

[Wulan_maniez]

Litecoin blockchain only stores data about payments, so  users tend to experience  delays  when  making   transactions. However,
it would be slower than Ethereum if no blockchain was widely used that day. It actually makes sense to use Litecoin for payments,
since Ethereum is used to develop  potentially  world-changing  applications. So  ethereum  developers are  always experimenting
with good ideas. And that creates a stronger price.

[gurunanakji777]

No Not at all. Ethereum has a huge potential to rise further but I agree maximum supply is the concern for some people. Ltc is also a high potential coins but it should not be compare with Ethereum as Ethereum is the most demand-able coin because majority of the new projects uses ERC 20 platform to launch their new coins. They raise money in Ethereum that's the reason Ethereum is more demanding and high value than Litecoin.

[poodle63]

Nothing definite can be said about this. Ethereum was previously priced at $ 1,500, was it overvalued then? Then it dropped to $ 100. Was he underestimated then?
All these are rhetorical questions because the price is formed due to supply and demand and due to the movement of bitcoin.

Kinda true, there's just no right price for alts but instead how much people willing to pay for an alts at certain price point,
many people uses ETH in turn it priced quite high.
It's all demand and supply within market however if the price is kinda off 100% from its normal price because of pump or dump we could easily say it's overpriced or underpriced it's all relative to each people.

[raidarksword]

ETH deserves more price in the market as it's mostly used blockchain right now on DeFi, NFTs and provided also creation of smart contracts. The gas issues was already a problem nonetheless project still uses it because it's the more adoption towards smart contract projects and that gas issues will be solve if the eth 2.0 will be fully implemented soon.

[TofuDefi]

Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.

[Teraboy]

Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.

It should be around 1k and it must be that consider the total supply of ethereum is not yet determined and the congestion that's always happening on its blockchain is really annoying for ethereum chain users,
People should have paid more than $10 to send some coins that worth less than it.
You can imagine and how frustate the little shrimp to use ethereum blockchain.

[stadus]

Ethereum is a little bit overpriced right now. I think price should be somewhere between $500 and $1000.

I beg to disagree buddy. We cannot really say if the value of a particular coin is overpriced or not because the value of the coins always depends on how good or bad the movements or circulation. It is just like the real currency, if the economy goes down also the currency value goes down. It means that we have a great economy right now in crypto which is why eth, btc and most of the coins are going up.

Actually it's based on how individual sees it, as long as the coin is legit, it's price could rise more and we never know if it's undervalued or overvalued since it has a fix supply with a possible changes in demand. So for ETH now, price has increased, it could be undervalued or overvalued, both are right as it depends on a lot of factors.

[IkonaDro4ku]

It seems to me that Ethereum is now more justifying its higher cost than before. Many buy now for the future so the price is too high and will justify itself only after a while...