Ethereum was initially launched in 2015 and its value has been steadily increasing ever since. In 2017 alone, the price of Ethereum increased by more than 9,000 percent. This explosive growth makes Ethereum an exciting investment opportunity, but it also raises many questions: What will the price of Ethereum be in 2018? What will it be in 2020? And should you invest in Ethereum now? We will explore these questions and discuss how they can be answered with the help of some expert opinions on the subject.
history of bitcoin
It has been nearly 10 years since Satoshi Nakamoto published his now-famous white paper outlining a way to create an electronic payment system based on proof of cryptography rather than trust, allowing two willing parties to transact directly with each other. without relying on a trusted third party. party. And while it might be too early to tell, 2017 was hailed as a great year for bitcoin. The price has shot up over $1000 and the credit is on the rise. But what awaits us? In his latest Medium post, Coinbase CEO Brian Armstrong boldly predicts that we are only eight years away from seeing the mass adoption of Bitcoin and Ethereum, and gives us the reasons why he thinks so. Will they be able to hit the target? It remained to be a show.
Reasons for the success of Ethereum
It is impossible to predict exactly what will give Ethereum a competitive advantage over other cryptocurrencies. While several factors play a role, it is possible that its status as one of the only Bitcoin-based competitors gives it an edge. Both coins were created around the same time and both offer similar functionality in terms of being able to facilitate transactions without the need for third-party verification. Although bitcoin is more popular than ever, some people prefer to invest in the ether because they feel that its founder was more forward-thinking when it came to solving long-term problems with the cryptocurrency. Other investors may view Bitcoin as an alternative asset class, meaning their investment goals are not necessarily aligned with making money through price increases alone.
Can Ether beat Bitcoin?
There is no definitive answer to this question. But it’s hard to ignore the explosive growth of Ether. The digital currency could overtake Bitcoin in terms of market capitalization within a year. And when that happens, it could represent one of the biggest tech heists in history, and potentially dampen hopes that cryptocurrencies will become a legitimate form of money. How is that possible? This quick explanation should help you understand why the aether has so much potential…and what stands in the way of its complete domination.
What will be the value of the ether in 2030?
After a year of impressive growth, there are many signs that Ether is here to stay. At $12.04 per ETH at the time of writing, it’s hard to imagine where it will be valued in 10 years, but we’ll give it a try anyway. Here are our best guesses on what Ether could be worth in ten years: If you can’t tell from 2017 performance alone, cryptocurrencies have enormous potential to appreciate in short periods of time. The market capitalization of all cryptocurrencies (including bitcoin) hit an all-time high of over $150 billion in January 2018, according to CoinMarketCap, with some analysts predicting it will rise even higher in the coming years. but why?
