Economists predict that ETH could cross 20k USD this year

[Yewande]

wow. Even though I find this difficult to believe, I sincerely wish it is true. But they chances that this can happen is very slim. But look at the way Bitcoin move from 5000 to 40000 within 6 months shows it is really possible for ethereum as well

 

[Jimmie150]

I doubt if Ethereum can actually cross that margin this year but it will stand in as a good alternative coin. 20,000$ seems much for this year but I think in the years ahead it will eventually cross that limit. We should hold our coin as much as possible.

 

[idhans]

The price of Ethereum has been on a major upward trend recently and there are more and more users that are getting interested and involved in this currency as well. Ethereum is a network that is constantly being improved by the developers, and there are hopes in the future that the transaction fees will be reduced a lot as well. This could be one of the reasons that prompt so many people to get involved in it. Other reasons include that there is a lower value on Ethereum compared to Bitcoin so more people can afford to invest in it in a way where they can see a difference in their investment as the price fluctuates.

Some economists predict that by the end of the year the price of Ethereum may cross 20k USD. Do you think that this is possible? I personally believe that this is more likely to reach a value of 5k USD this year and that a 20k value is a bit too high and too optimistic. However, there are many that are pointing to this. What are your thoughts on this?

The developers of ethereum are doing quite a great job on the blockchain, but I really doubt if it will even get to 10,000 dollars at the end of the year, but it might get to $5000 at the end of the year.

 

[abubakar3141]

Skew Analytics - By the end of 2020, a cryptocurrency and blockchain analytics company has expected Ethereum to grow to $480, according to Skew. In the background, they crunch a few numbers and data to make a fairly precise forecast.

 

[Bkoks]

All the other thousand of coins has the remain 36%… all together!! ) But if we go in details, ethereum ha 104 milion ether in circulation. So it means that by picking 20k per coin it will reach 2 trilion (2 thousand billion) of capital… In this numbers it is quite impossible for one ether to reach this amount.

 

[Sana Diyar]

The price of Ethereum has been on a major upward trend recently and there are more and more users that are getting interested and involved in this currency as well. Ethereum is a network that is constantly being improved by the developers, and there are hopes in the future that the transaction fees will be reduced a lot as well. This could be one of the reasons that prompt so many people to get involved in it. Other reasons include that there is a lower value on Ethereum compared to Bitcoin so more people can afford to invest in it in a way where they can see a difference in their investment as the price fluctuates.

Some economists predict that by the end of the year the price of Ethereum may cross 20k USD. Do you think that this is possible? I personally believe that this is more likely to reach a value of 5k USD this year and that a 20k value is a bit too high and too optimistic. However, there are many that are pointing to this. What are your thoughts on this?

The public media attention on Bitcoin not only caused demand for the asset to skyrocket, but the price of the asset also followed. And as news of young investors turned millionaires made the airwaves, retail investors sought out to find the next Bitcoin in hopes of striking it rich.

 

[Mandypaul]

This is completely and unrealistic prediction because i cannot imagine a point that a ethereum can reach up to 100000 dollars before the end of the year, ethereum that is just $1000 or who have such money to push the price of such cryptocurrency to that high amount within just one year

 

[Patrik]

20.000$ is almost 20x of the current value of Ethereum, taking Ethereum's age on consideration and seeing how it was and currently performing doesn't support the idea of it reaching 20.000$ in this year or anytime soon, unless people completely abondonn Bitcoin

 

[Kingsley]

Times without number etherum has proven to be one of the best coin to invest in, and smart investors are taking advantage of it. Infactit has followed the predictions more accurately as compared to it other counterparts in the market. Etherum is truly a giant.

 

[Dowenship]

The price of Ethereum has been on a major upward trend recently and there are more and more users that are getting interested and involved in this currency as well. Ethereum is a network that is constantly being improved by the developers, and there are hopes in the future that the transaction fees will be reduced a lot as well. This could be one of the reasons that prompt so many people to get involved in it. Other reasons include that there is a lower value on Ethereum compared to Bitcoin so more people can afford to invest in it in a way where they can see a difference in their investment as the price fluctuates.

Some economists predict that by the end of the year the price of Ethereum may cross 20k USD. Do you think that this is possible? I personally believe that this is more likely to reach a value of 5k USD this year and that a 20k value is a bit too high and too optimistic. However, there are many that are pointing to this. What are your thoughts on this?

Well i like that thought you have because ethereum as at today as not reach 2.5k since it reached 2k. like you said that the 20k value is a bit too high and optimistic...

 

[Nomad]

Seven months are gone and Ethereum is not even $3000 let alone $20K. EThereum managed to become almost $4500 in May but it looks like it will take a while to reach that spot again

 

[jeff87]

The price of Ethereum has been on a major upward trend recently and there are more and more users that are getting interested and involved in this currency as well. Ethereum is a network that is constantly being improved by the developers, and there are hopes in the future that the transaction fees will be reduced a lot as well. This could be one of the reasons that prompt so many people to get involved in it. Other reasons include that there is a lower value on Ethereum compared to Bitcoin so more people can afford to invest in it in a way where they can see a difference in their investment as the price fluctuates.

Some economists predict that by the end of the year the price of Ethereum may cross 20k USD. Do you think that this is possible? I personally believe that this is more likely to reach a value of 5k USD this year and that a 20k value is a bit too high and too optimistic. However, there are many that are pointing to this. What are your thoughts on this?

The price of etherium is back to $2,150 as of today. I think it has reached an all time high price of $3,456.57. Its price gained over 350% this year. One of the factors of its rise is the interest of institutions like tesla, etc. buying coins.

 

[BrolySSJ]

The price of etherium is back to $2,150 as of today. I think it has reached an all time high price of $3,456.57. Its price gained over 350% this year. One of the factors of its rise is the interest of institutions like tesla, etc. buying coins.

If I'm not mistaken the maximum price of this cryptocurrency was actually in excess of $4200. So I think that the price that you have given here might have been just before the major bull run.

 

[Dowenship]

Is

The price of Ethereum has been on a major upward trend recently and there are more and more users that are getting interested and involved in this currency as well. Ethereum is a network that is constantly being improved by the developers, and there are hopes in the future that the transaction fees will be reduced a lot as well. This could be one of the reasons that prompt so many people to get involved in it. Other reasons include that there is a lower value on Ethereum compared to Bitcoin so more people can afford to invest in it in a way where they can see a difference in their investment as the price fluctuates.

Some economists predict that by the end of the year the price of Ethereum may cross 20k USD. Do you think that this is possible? I personally believe that this is more likely to reach a value of 5k USD this year and that a 20k value is a bit too high and too optimistic. However, there are many that are pointing to this. What are your thoughts on this?

Is $20k not to high, the economist that predicted this might think because ethereum was having the bull run when bitcoin was running bearish run, its going to outwit bitcoin. That's not possible.

 

[Yusuf]

I really don't think the price of eth can reach that value even though eth is a very good coin to hold in the crypto currency exchange Business. I have it in my portfolio and I'm looking at the possible outcome of the prediction.

 

[Justin]

I am just going to laugh out loud for this prediction. The person had predicted the price because it was going strong in February. But in April and May, the market went down

 

[BrolySSJ]

I am just going to laugh out loud for this prediction. The person had predicted the price because it was going strong in February. But in April and May, the market went down

The market has reduced quite substantially and as a result the production is likely not going to come true however I think that the price of this cryptocurrency can increase substantially over the next few months and it even reached the 6000 region in my opinion.

 

[Setho]

You with the way market is moving currently I strongly do not think it is going to reach up to that amount but at least it is going to make a very high movement from the way it is now.

 

[BrolySSJ]

You with the way market is moving currently I strongly do not think it is going to reach up to that amount but at least it is going to make a very high movement from the way it is now.

I think that the next major movement that we will see with this cryptocurrency will actually be when it undergoes its next half event supply because this will allow the supply to be lowered and the demand will increase the price accordingly. Also I think that a future development in the network could also increase the price quite substantially and allow for them to reach these targets.

 

[Thinker009]

I am more certain of the price reaching about $10000 very soon but am not sure if it would be able to reach $20000 , because remember about how the last bullish run went down