RE: Why Ethereum Will Hit 1000 By Next Year!

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Why Ethereum Will Hit 1000 By Next Year!

in cryptocurrency •  7 years ago 

Where do you think its going to be in the next couple of months? And what would be signed to look out for before it tanks? (If ever!)

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I can see it settling around $500 for a bit. I would say look out for when it reaches prices such as $500 and $600 as the price tends to drop a bit. Also look out for large bitcoin dumps, most other coins will drop as well.

How would you know when ETH is about to burst? Will it be because of ICO regulation, string of ICO failures, or something else? I've read tons of articles about why the recent growth is unsustainable and the bubble will burst at some point (Though the same crowd have been saying the same things about BTC for years), but what do you think is going to be the trigger point for when that happens? Obv ETH's inflationary and centralized nature makes it a less favourable investment by the public, and a much more favourable investment for governments and wealthy bankers (which means massive gains in price that we've seen)