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Author Topic: ETH we can expect big move  (Read 620 times)
udayantha11 (OP)
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November 02, 2021, 01:53:59 AM
 #1

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.


we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

Stronger the storm, brighter the rainbow
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November 02, 2021, 06:08:46 AM
 #2

It depends i guess, but you know burning always make changes on the project and yes it is not possible to happen in ethereum since this is the most trusted crypto in the market , actually my concern here is the fees as it's the common problem with ETH nowadays and i believe there will be an impact after this event, i mean it will decrease while the price keep surging in my personal opinion..
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November 02, 2021, 07:00:15 AM
 #3

10,000 USD will not be achieved by the end of this year in my opinion because there are still some things that need to be fixed by Ethereum such as high gas costs which still have not found a solution until now. If we calculate the cost of Ethereum gas at the 2017 price with the current price, the number is the same, only now the Ethereum price is already higher than the 2017 price.
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November 02, 2021, 07:26:42 AM
 #4

As per previous charts, Institutional investing , ETH Burning .
I see that but we needs more than ETH burn to make it happens. There are bunch of people ahve been forced to pay the high fees. This is also making people to put ethereum as not their priority chain. There are so many demands have gone from the small fish due to the fees. The whales needs to pump bitcoin before the pump in ethereum will be happening. Billions of ethereum already burned but you must also remember that if the purpose of burn to prevent inflation. Inflation has become a serious problem with ethereum caused by miners were genereating more and more ethereum without maximum cap. The burn was a solution to give a win win situation for miners and users.

My forecast is ETH can be 10000-13000$ end of the year.
It's quite high to be reached by ethereum at the end of this year but none knows what will be happening in the future for sure but it seems like that the burn was not enough to trigger FOMO in ethereum. We must see thereum to break 5k resistance before it will be touching such rate. The situation will be different if there will be more institutional investors will be using ethereum as a part of their portfolios but the problem of maximum cap will always become the main concern. Low rate inflation with maximum cap will be triggering FOMO to happen.

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November 02, 2021, 08:22:33 AM
 #5

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.


there is no wrong in speculating mate because all of us has the rights to express their belief and views for our favorite or supported currency .

But before Ethereum reached 10,000-13,000 meaning the Capitalization of ETH must reached more than a Trillion amount and this also means it will get closer to bitcoin capitalization .

https://coinmarketcap.com/currencies/ethereum/

now tell me , is this really possible to come this year?

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November 02, 2021, 08:25:46 AM
 #6

As per previous charts, Institutional investing , ETH Burning .
is that the only reason for your speculation here? ETH burning? how much Ethereum has been burned monthly so the coin will Git 10k dollar value?
Quote
My forecast is ETH can be 10000-13000$ end of the year.
How i wish this will come mate, so my 15 Ethereum being HOLD will make me a Millionaire in my own currency   Grin

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November 02, 2021, 09:09:44 AM
 #7

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.
$10k would be too much. I'm only expecting to be around $5k as it didn't break it last time. $5k is the most possible ATH that it can reach by the end of the year.

I don't want to put a lot of hope in $10k for this year but I know it can be reached somewhere in the future.

But not this year just as I've realized.

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November 02, 2021, 09:28:01 AM
 #8

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.
A good coin like Ethereum obviously always has more potential than others, but also don't forget that it's currently priced at $4,353.64 and it's still so far from the price you mentioned that there won't be enough time to reach it in this year unless all investors willing to buy Ethereum and hold it until the end of the year and release another coin for Ethereum.

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November 02, 2021, 10:45:11 AM
 #9

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.


Days ago has been asked almost similar question here https://bitcointalk.org/index.php?topic=5368222.0 but not as huge as yours, 10,000 - 13,000 is really a big numbers to expect and I think i will not partake in this matter.
I have some Ethereum stays in my folio for the last couple of months and i will be one of the happiest person if this happens.
but i won't take this seriously as i don't wanna be fell into a big trap of expectation.









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November 02, 2021, 04:12:05 PM
 #10

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.


I don't know what makes it valuable and expensive while we know there aren't many people there doing transactions there are only rich people who throw and burn money there, there is no place for us other communities to use ETH and ERC20, there is no solution to overcome this problem, meanwhile BNB BSC has found it

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November 02, 2021, 04:14:57 PM
 #11

10,000 USD will not be achieved by the end of this year in my opinion because there are still some things that need to be fixed by Ethereum such as high gas costs which still have not found a solution until now. If we calculate the cost of Ethereum gas at the 2017 price with the current price, the number is the same, only now the Ethereum price is already higher than the 2017 price.

Seems you don't understand real bull run period, if anything like 2017 bull happen again, eth can easily achieve that price, remember in bull run people don't consider all this things you are thinking like high gas fees, that's a profit accumulation period and the whole market is booming so people will pay less attention to things like that.
maybe he focused on the coins he stored with the erc20 wallet with high gas complaints so spontaneously said those words...?
the right time to buy the coin before the bullrun comes even higher. an altcoin that is still a point of view for me is TRX. I think TRX will repeat 2017 significantly in December last year.?

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November 02, 2021, 04:25:53 PM
 #12

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.


It is going to depend on how high the price of bitcoin goes during this bull run, I think that bitcoin will need a minimum of 100k for ethereum to reach 10k and probably it will require a slightly higher price of 120k, and when we think about it those prices are not outside of what bitcoin can reach, after all 120k is only 2x from where we are and while the amount necessary to reach that price is massive at the same time with the way the economy is going I see it as a realistic target.
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November 03, 2021, 05:08:27 AM
 #13

10k is quite possible for me .
It depends i guess, but you know burning always make changes on the project and yes it is not possible to happen in ethereum since this is the most trusted crypto in the market
did u just say ETH is not possible to be burned ?
https://watchtheburn.com/

there is no wrong in speculating mate because all of us has the rights to express their belief and views for our favorite or supported currency .
But before Ethereum reached 10,000-13,000 meaning the Capitalization of ETH must reached more than a Trillion amount and this also means it will get closer to bitcoin capitalization .
https://coinmarketcap.com/currencies/ethereum/
now tell me , is this really possible to come this year?
well its still posible , if bitcoin come to range 100k ++, u know many people has predicted it , and if u know the ATH of ETH to btc pair is 0.12BTC++/ETH which mean , yep , the speculation still valid.

is that the only reason for your speculation here? ETH burning? how much Ethereum has been burned monthly so the coin will Git 10k dollar value?
so far 315k ++ eth has burned/month and total almost 750k eth has been burned by i write this post.

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November 03, 2021, 06:02:31 PM
 #14

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.


being $10K is an easy target, I see ETH will be able to reach that target in the near future.  just waiting for the burning effect to have a big effect in the long term or only temporarily for the ETH market

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November 03, 2021, 06:07:52 PM
 #15

Etherium can Go very High. My target is 8000$ before 2022. Big problem is fee and there is very high chances that Etherium will do their best to decrease fee.
Major Updates and Upgradation are expected in future and this can be huge for Etherium.

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apaben
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November 03, 2021, 06:42:49 PM
 #16

Etherium can Go very High. My target is 8000$ before 2022. Big problem is fee and there is very high chances that Etherium will do their best to decrease fee.
Major Updates and Upgradation are expected in future and this can be huge for Etherium.
it will surely reach the price of ethereum 10,000 $ before the end of the year happens.?
many people argue about the cost of ethereum gas even though it is the best dex indeed. it seems difficult to bring down the gas cost friend. because there are a lot of people doing fast transactions and big fees which result in slow and lots of people waiting in line for confirmation. if you want a low cost position ethereum should be priced at 500$. just look at pancakeswap, your UNISWAP is different from BNB and ETH..? I hope you understand

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November 03, 2021, 07:53:37 PM
 #17

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.


It is pleasing to see that Ethereum has taken the same path as bitcoin in being a store or value rather than just a coin needed to settle fees on its blockchain, Ethereum will sure go up no doubt, but I think from where the price of eth currently is, $10000 to $13000 price by this year ending is a bit on the high side? Though anything is possible in crypto, but I think this is unrealistic, the year is almost coming to end and I think the best Ethereum can do before or by this year end is maybe between $5500 to $6500, though this hugely depend on how fast bitcoin move to the upper side.

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November 03, 2021, 09:41:32 PM
 #18

and Institutional investing & burning already seen as most effective on eth as manwhile it surged another new milestone. Eth seems still bullish and  moving forward at correct direction to record another milestone. but you set quite large milestone as your speculation which seems difficult right now but not impossible. but soon we are going to witness of breaking $5k milestone by eth

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November 03, 2021, 09:45:54 PM
 #19

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.
Perhaps a 10k eth is more than enough at the end of the year and I'm not that expecting more than that. But if it broken my forecast, then it's a good thing. ETH hasn't seen big morves lately and it always stays on the range once it's getting new highs and if somehow ETH blows to 6 figures this could make altcoin goes parabolic
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November 03, 2021, 10:07:42 PM
 #20

As per previous charts, Institutional investing , ETH Burning .

My forecast is ETH can be 10000-13000$ end of the year.


No one can be predicted if the ETH will be reach on that price you mention and many people in here also dreaming that would be happen in no time, But if these will continues well it is have a chance. And as of now ETH are in still moving a little and we hope until end of this year ETH are in good situation as well. There is something Im worried about ETH is about the fee or transaction fee are always become higher.

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