— SteemCN

I just made the vid, It's uploading to youtube right now. I'll post it to the comments when it loads. (I'm not on my wifi right now so It might take a while)

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2 votes

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joseph (75) · 8 years ago

thank you will wait for it :D

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majorleaguemarc (50) · 8 years ago

Here's my take on it

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thehulk (58) · 8 years ago

I'm going to have to agree with marc on this one here. Great video this thing is backed by major players. I see them wanting ETH to grow.

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1 vote

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joseph (75) · 8 years ago (edited)

I am glad you expressed your opinion, and I respect that. The ethereum discussion will bring strong feelings from both sides of an argument. Some will think I am a hater, but I did buy ETH many times to invest in projects built on ethereum because I know I can make money that way. I will not argue against trading Ethereum to make money, in this post I just express what I think will eventually happen to Ethereum. I am human and I could be wrong.

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11 votes

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majorleaguemarc (50) · 8 years ago

Hell, nothing is guarantee. Watch out for dogecoin though, I feel like it's about to surprise us all now that it's reaching Japan

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7 votes

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joseph (75) · 8 years ago

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3 votes

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altcointrends (46) · 8 years ago

Dogecoin - what an anomaly...Who says there has to be any business model if you have the volume. Also keeping my eyes on doge to see what happens

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andytherbg (50) · 8 years ago

very interesting video

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1 vote

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bymma (55) · 8 years ago

one of the best aspect about dogecoin is the decentralization... its spread out, living its own life. But I hardly dare touching it

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bluesky2100 (39) · 8 years ago

In the short run, More and more people and corporations are investing in Ethereum because they see the potential in smart contracts and the growth opportunity for other block chain startups to use Ethereum's tech and build products. Dumping 10,000 or 100,000s or even 1 million ethers won't do any harm as this will simply create a opportunity to buy the dip for investors.
Long term view of Ethereum is definitely here to stay, I see ethereum more like IOS ecosystem in the next 2 years.

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1 vote

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dana-edwards (74) · 8 years ago (edited)

Dump it where? Who and what can buy that many at a time? What exchange? How would someone cash out 1 million ETH into fiat? None of these scenarios of dumping make any practical sense and are just FUD.

First show how it is possible to dump enough to crash the bubble. Panic sells from day traders and career speculators isn't going to crash the price if it is a bubble unless you believe the vast majority involved in the space are day traders and speculators. I don't think the vast majority of holders will be day traders and speculators.

If millions of people hold ETH for 4-5 years, then the price I would think will be pretty stable. People who buy Bitcoin often buy it and put it in cold storage for years. Some will buy ETH and treat it like a long term lottery ticket and not touch it for 5 years or until they retire. So with that mentality, it will not matter what the price is that day, or that month, as long term holders don't care if it's a bubble or recession as long as the space as a whole is growing.

Even a failed ETH isn't going to go away. It will stick around for 5-10 years with a high market cap in my opinion. It's just if it fails another tech will eventually acquire a higher market cap.

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bluesky2100 (39) · 8 years ago

I fairly agree with you Dana, Ethereum is not going anywhere for the next 2 or possibly 5 years as investors are still seeing this as a great tech which can grow significantly. Hence the dumping of large ether as suggested in this video by @majorleaguemarc will provide a great opportunity to buy the dip for long term investors. As I mentioned earlier, I see Ethereum as an IOS / Android app store for block chain startups so it's definitely here to stay!

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dana-edwards (74) · 8 years ago

You make good points. I don't think Ethereum will be #2 when it meets the masses. I think Bitcoin will fade this year to Ethereum. At the same time I see in 2019 and beyond being when Ethereum begins to fade as superior tech begins to hit stride.

But I don't see Ethereum losing it's place overnight just like Bitcoin didn't. It takes years and market cap isn't going to "dump" into something else, something new and experimental. People won't just leave Ethereum just because a better tech exists, it will require Ethereum has technical/political failures like Bitcoin is currently having.

In my opinion the goal shouldn't be to stop Ethereum or to care how much money people make in ETH. What matters is bringing crypto to the masses and expanding the ecosystem, and Ethereum is only one part of a potentially trillion dollar industry. There is enough space for every one of these projects to be in the tens or hundreds of billions.

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1 vote

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digitalplayer (58) · 8 years ago

Look the video - ETH is there to stay - Marc is right.

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1 vote

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ichoponions (45) · 8 years ago

Nice vid. I'm following. Follow me back for some of my crypto trades/recommendations if you want

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sambkf (42) · 8 years ago

Your stated a strong facts:

The masses is introduced to blockchain with ETH being number 2.
It's hard to change the first impression people get
Big companies are backing project on ETH.

Thank you for your insight.

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bloodycritique (61) · 8 years ago

great job in jumping in with your thoughts. I feel the way you do here, but im unsure, still learning, and its a new world of information, other opinions are very important to building the picture.

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brakan (54) · 8 years ago

Indeed

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kyle.anderson (60) · 8 years ago

One may be bigger than the other. They are not mutually exclusive. They are both entirely different projects with different users and use cases.

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5 votes

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islandliving (57) · 8 years ago (edited)

Please let me just say that I have no experience in cryptocurrencies nor am I even a little smart but I do have strong intuition. I agree with you that one day ETH will outpace BTC but that both will be around for a very, very long time. IMHO...ok, continue on! Aloha!

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2 votes

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dana-edwards (74) · 8 years ago

Seems obvious ETH will be bigger than BTC but that isn't saying very much. The question is will EOS, Tezos, Qtum and others also get bigger? I would think we haven't even started to see how big it is going to get. Next year is when the real bubble will begin if this is one, as we could have ETH in the hundreds of billions market cap and the space could be approaching the trillion dollar level. That in my opinion is a true bubble.

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1 vote

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okkiedot (62) · 8 years ago

Me too :) Do it :P

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oluwoleolaide (68) · 8 years ago

i second @joseph too, it might let me know what i will do with the little Dogecoins have been gathering.

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digitalplayer (58) · 8 years ago (edited)

ETHEREUM value will be at least 10000$ by 2020

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4 votes

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moksamol (50) · 8 years ago

Hello, I just eager to know. How do you calculate/estimate ETH price? What are factors for ETH price?

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1 vote

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digitalplayer (58) · 8 years ago (edited)

There's an article of mine here on Steemit with detail. Basically I use current real data of blockchains. I do a projection based on previous patterns / current project status and simple facts. You can see more there https://steemit.com/ethereum/@digitalplayer/ethereum-price-prediction-2020#@digitalplayer/re-williebeaman-re-digitalplayer-ethereum-price-prediction-2020-20170601t222036220z

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1 vote

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moksamol (50) · 8 years ago

Thanks for prediction. But I still have doubt if BTC will be $500,000 per coin by 2020 (in just 3 years).

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1 vote

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digitalplayer (58) · 8 years ago

this is not why I say.

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digitalplayer (58) · 8 years ago

it looks like my article is not clear... I say it will be 100 000 not 500 000

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dana-edwards (74) · 8 years ago

I don't believe this. I think a market cap in the hundreds of billions is realistic and can happen in 2018 if not sooner. I do not think we will see any crypto tech with a trillion dollar market cap by 2020 because that would require true mainstream Facebook scale adoption of crypto which isn't going to happen in mere 3 years. I do see the entire space reaching 1 trillion by 2020, I just don't see Ethereum having a trillion all to itself as if these other tokens aren't there.

Ethereum will do very well, will be in the hundreds of billions, will be in it's bubble at 100 billion+, but there will be others.

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1 vote

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digitalplayer (58) · 8 years ago

Hi @dana-edwards - thank you for comment I really appreciate it.

The reality is complex and here on this page we are just trying to keep all short and nice I think.. this is what I do... but ... let me ask... what's your analysis estimation for Ethereum marketplace by 2020 ?

I invite you to tell your vision on

https://steemit.com/ethereum/@digitalplayer/ethereum-price-prediction-2020

Thanks for reading

Happy saturday