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Author Topic: Now that bitcoin is $50,000, will we see ETH to value at $2000 soon?  (Read 456 times)
Sanitough (OP)
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February 17, 2021, 11:20:04 AM
 #1

Bitcoin has reached $50,000, and this was already a huge success by bitcoin, but my question is, will ETH follow and reach to $2000 anytime soon?
If we based on the its movement, bitcoin has already increased more 150% more or less from its previous ATH, so if the same movement will happen to ETH, we could possible see ETH at $3000 each soon, what do you think about this possibility?
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February 17, 2021, 02:46:57 PM
 #2

In your opinion, I think ETH will soon reach $3000 or more soon.  Many people think that ETH is too slow and the transaction fees are too high, but the problem is that Eth is too big right now and many of these things can completely differ in the future through updates.  I hope that after this growth ETH can reach between $4000 - $6000.
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February 17, 2021, 03:11:59 PM
 #3

$2000 is possible because we are almost near to that value but $3000 or above is going to be difficult because of the scalability issue on the blockchain since people are facing transaction fee problems whenever they want to exchange their token or ethereum so only holders are going to remain while the new investors going to prefer other coins.
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February 17, 2021, 04:48:23 PM
 #4

$2000 is possible because we are almost near to that value but $3000 or above is going to be difficult because of the scalability issue on the blockchain since people are facing transaction fee problems whenever they want to exchange their token or ethereum so only holders are going to remain while the new investors going to prefer other coins.
Maybe if from that point of view it is true that the Ethereum network has experienced a high surge and it will gradually take longer for token holders to object that the fees they pay are too high, but what I see are still many ETH holders and believe by reaching $2000 in time A close could happen if $3000 wants how the market situation is. If bitcoin is experiencing a movement then of course ETH will follow the trail of the current bullrun.
The $50k Bitcoin target has been crossed so maybe ETH could also happen.

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February 17, 2021, 07:57:11 PM
 #5

$2000 is possible because we are almost near to that value but $3000 or above is going to be difficult because of the scalability issue on the blockchain since people are facing transaction fee problems whenever they want to exchange their token or ethereum so only holders are going to remain while the new investors going to prefer other coins.

Agree, if the issue keeps happen. I think most of developer Token/ dApps in Ethereum will start to port their project to another chain.
A move to DOT or EOS i think will worth to do and it will hurt the Ethereum price if happen.

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February 17, 2021, 08:07:34 PM
 #6

Bitcoin has reached $50,000, and this was already a huge success by bitcoin, but my question is, will ETH follow and reach to $2000 anytime soon?
If we based on the its movement, bitcoin has already increased more 150% more or less from its previous ATH, so if the same movement will happen to ETH, we could possible see ETH at $3000 each soon, what do you think about this possibility?

there is a possibility for ethereum to grow more than $2000 in the near time
and maybe ethereum need a couple of months to reach about $3000 my friend
but nobody knows right ?
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February 17, 2021, 08:41:34 PM
 #7

Well, less than $200 for the ethereum to reach the $2000 market price value. Another ATH for those 2 top coins in cryptocurrency and we are hoping that altcoins will slowly follow the trend of those 2 coins.

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February 17, 2021, 08:48:05 PM
 #8

Bitcoin has reached $50,000, and this was already a huge success by bitcoin
Surprisingly, bitcoin is now $52,000.
but my question is, will ETH follow and reach to $2000 anytime soon?
If we based on the its movement, bitcoin has already increased more 150% more or less from its previous ATH, so if the same movement will happen to ETH, we could possible see ETH at $3000 each soon, what do you think about this possibility?
There's that possibility but we can't expect that to happen any time soon. But I'm leaning to see $2000 but it's struggling and I don't know why it's lagging unlike BNB.

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February 17, 2021, 08:59:03 PM
 #9

$2000 is possible because we are almost near to that value but $3000 or above is going to be difficult because of the scalability issue on the blockchain since people are facing transaction fee problems whenever they want to exchange their token or ethereum so only holders are going to remain while the new investors going to prefer other coins.

Agree, if the issue keeps happen. I think most of developer Token/ dApps in Ethereum will start to port their project to another chain.
A move to DOT or EOS i think will worth to do and it will hurt the Ethereum price if happen.

I thought the gas fee affect only the smaller income traders until if I found a billionaire complain of the high fee in his tweet. If he was a developer he could equally be worried, the high fee is likely to reduce the size of trade daily. The high gas also affect DEX trade, which seem to be the only challenge with DEX listing in this market. I dont know if adopting new blockchain will make it easier soon

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February 17, 2021, 10:51:56 PM
 #10

Bitcoin has reached $50,000, and this was already a huge success by bitcoin, but my question is, will ETH follow and reach to $2000 anytime soon?
If we based on the its movement, bitcoin has already increased more 150% more or less from its previous ATH, so if the same movement will happen to ETH, we could possible see ETH at $3000 each soon, what do you think about this possibility?
It might be common that top coins do follow on bitcoins path but doesnt mean that it will guarantee to go into that way or would definitely happen.

Currently its $1800 price and its only $200 away for that price that you had mentioned which it can be attained nor reach in a short span of time if this bull run or price increase would continue.

But lets not really letting aside when it comes to risk management.Dont let yourself get too hyped nor fomo'ed because that might really be the reason on putting you
into a hard situation when price tends to go into the opposite way or direction.

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February 17, 2021, 10:58:03 PM
Last edit: February 18, 2021, 12:23:50 AM by nelson4lov
 #11

Bitcoin has reached $50,000, and this was already a huge success by bitcoin, but my question is, will ETH follow and reach to $2000 anytime soon?
If we based on the its movement, bitcoin has already increased more 150% more or less from its previous ATH, so if the same movement will happen to ETH, we could possible see ETH at $3000 each soon, what do you think about this possibility?

Yes, as a matter of fact, I do think ETH would go a lot higher than that, possibly $4000 or more. But first, it's has to break through the $2000 resistance zone which is a pretty strong one. I'm sure that there are lots of sell orders waiting at this level. Nonetheless, it's worth noting that support and resistance levels are price magnets so I won't be too surprised if I wake up one day to see ETH above $2000. ETH would be a lot higher now if the devs have pushed updates to solve the current scalability issues.

It's hard to buy something when majority of your money goes into paying  for fees.

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February 17, 2021, 11:42:18 PM
 #12

I think we will see that. But i think Ethereum have problem need to be solve first, like high gas fee issue, its really annoying.
Because when the price of Ethereum rising more, the fee becomes more painful.
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February 18, 2021, 01:26:36 AM
 #13

We will see $2000 for Ethereum as long as Bitcoin will stay on sideways. From what I observed recently on the price action of Bitcoin and altcoins (especially Ethereum) is when Bitcoin dumping (even a very small amount only), altcoins started to bleed a lot too, especially Ethereum.
And when Bitcoin is rising + Bitcoin dominance increase, Ethereum is doing sideways or dump only. That's why I conclude, if Bitcoin manages to stay above $50,000 this week, Ethereum may breach $2,000.

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February 18, 2021, 02:33:36 AM
 #14

If you look at the current movement of etherem I'm sure we will see ETH reach $ 2000 in the near future, but what I'm worried about is that gas costs will also increase, I hope the developer can solve this problem, because I think this is very annoying and could hinder the development of cryptocurrency in  future,

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February 18, 2021, 02:45:26 AM
 #15

Bitcoin has reached $50,000, and this was already a huge success by bitcoin, but my question is, will ETH follow and reach to $2000 anytime soon?

It's possible, I mean  Ethereum is like what? $1800? so that is doable in the next coming months.

If we based on the its movement, bitcoin has already increased more 150% more or less from its previous ATH, so if the same movement will happen to ETH, we could possible see ETH at $3000 each soon, what do you think about this possibility?

Again, if we go with that theory, then obviously it can be hit. But we all know that bitcoin is like in a super fast rally, while Ethereum has somewhat slowdown, but for me $2000 is more realistic now. The only big issue with Ethereum today is the high fees, that might turn off a lot of investors. If they can solved this in ETH 2.0 then we might see a big spike again.

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February 18, 2021, 03:33:04 AM
 #16

At the time of i'm posting this ETH already reached $1900. I mean, ETH reaches $2000? that's really possible but the only thing that holding back ETH is its fee making many people reluctant to do things, for example some people wants to buy some ERC-20 tokens using ETH which definitely add demands to ETH market but reluctant to do that because the fee itself could eat up huge portion of their asset.
But, reaching $2000 and beyond is obviously inevitable.

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rodskee
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February 18, 2021, 04:34:47 AM
 #17

After 1 month it looks like the Question from this thread https://bitcointalk.org/index.php?topic=5310323.0 has been answered.

Because OP in that thread are asking about the increase from 12 hundred dollars value of ETH and now this climbed almost 19 hundred , meaning a 700$ climb from a month .
So if this continue we will be seeing a 2000 price before the end of 1st quarter, and this is a fancy but good expectation .
ethereum has been underrated by Bitcoin for a line of increase so it's time from Vitalik to prove His coins future as the Ethereum 2.0 has been in the air since last year.

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February 18, 2021, 05:04:56 AM
 #18

Yep! We will surely gonna be seeing Ethereum over $2000 no doubt with it! It has a 80% possibility to get  that ATH before this month ends, as you can see $ETH price is currently at $1800 and still pumping so anytime soon its gonna be reaching $2000! Market cap of $ETH will surely increase as more and more are getting interested on it. So it would be wise to buy Ethereum while price aint as high as bitcoin yet.
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February 18, 2021, 06:08:30 AM
 #19

Greyscale is regularly buying huge amounts of ETH so its inevitable that ETH will reach more than 2k$ mark soon. Everyone knows that after BTC the best thing you can have is Ethereum. Also, we have lots and lots of alts rooting for ETH, developments are going on steadily and the growth is real nice.

Another thing we have to notice is that institutional investors are getting into crypto, sooner or later they will see the potential of ETH and like greyscale they too will start investing in ETH. My prediction is ETH will reach 5k$ by the end of this year.
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February 18, 2021, 06:30:16 AM
 #20

Ethereum will most probably grow as well, but in the long run I don't see it nowhere near as successful as Bitcoin is going to be.
I mean sidechains, smart contracts and implicitly DeFi platforms are starting to be built on Bitcoin as well. The need for Ethereum could be soon obsolete.

Moreover ETH does not have a limited supply which kind of removes it from the list of hedge or proof-of-value assets. Bitcoin is at a point now where many stopped considering it a speculation asset, but a tool for wealth preservation and appreciation.
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