Ethereum Price Forecast: What is next for Ethereum? How Coincheck Cryptocurrency theft affected Bitcoin, Cardano, Ripple, Litecoin, NEM?

Ethereum Price Predictions 2018: Cryptocurrency’s value could triple (How high can the price of Ethereum go in 2018?)

Friday was not shaping up to be a great day for cryptocurrency, with 88 of the 100 largest tokens reporting losses in the early hours of the day. Top coins Bitcoin, Ethereum, and Ripple all suffered losses after a Tokyo-based exchange unexpectedly halted withdrawals.

Ether Price Today USD – ETH News

Name Price24H (%)
Bitcoin (BTC)
$6,476.99
-0.29%
Ethereum (ETH)
$202.57
-0.82%
Bitcoin Cash (BCH)
$440.98
-0.32%
XRP (XRP)
$0.458824
-0.22%
Litecoin (LTC)
$52.25
-0.35%

Coincheck, an exchange founded in 2012, halted all fiat currency and cryptocurrency withdrawals, stating that it was preparing a statement in due course. Hiroyuki Komiya, CEO of Tokyo-based Blockchain Technology Consulting, told Bloomberg that Coincheck is a “very well-known exchange” in the country and people are “very eagerly awaiting to hear more detail.”

Markets reacted negatively to the news. Bitcoin dropped five percent over the 24-hour period to $10,676, Ethereum dropped three percent to $1,025, and Ripple dropped nearly 10 percent to $1.20. The worst performer was the relatively obscure Experience Points, the 96th largest cryptocurrency, which dropped nearly 20 percent.

Why Coincheck has suspended trades is unclear. Koji Higashi, Japanese cryptocurrency expert, has reported that one rumor claims the exchange has lost NEM tokens.

Yuji Nakamura, Bloomberg tech reporter, said Coincheck is refusing to clarify these rumors.

Ethereum Price Predictions 2018: Cryptocurrency’s value could triple in 2018

Ethereum co-creator Steven Nerayoff says the cryptocurrency’s value could triple in 2018. Ethereum co-creator Steven Nerayoff said businesses in a wide variety of industries are starting to take note of what value ethereum’s protocol could offer them. Nerayoff attributes increased usage to ethereum’s ability to process transactions more quickly and cheaply than its rival. Nerayoff said increasing interest in cryptocurrency will stimulate value for ethereum in 2018, regardless of whether it overtakes bitcoin.

Name Price24H (%)
Bitcoin (BTC)
$6,476.99
-0.29%
Ethereum (ETH)
$202.57
-0.82%
Bitcoin Cash (BCH)
$440.98
-0.32%
XRP (XRP)
$0.458824
-0.22%
Litecoin (LTC)
$52.25
-0.35%

Ethereum co-creator Steven Nerayoff says increased projects built on the cryptocurrency could trigger a “flippening” in 2018, in which ethereum overtakes bitcoin. “What you’re seeing with ethereum is exponential increase in the number of projects — there are billions of dollars being poured into the ecosystem right now — maybe 10 times more projects this year than last year, which could easily lead to a doubling, probably a tripling in price by the end of the year,” Nerayoff said Monday on CNBC’s “Fast Money.” While bitcoin was designed to function as a peer to peer electronic payment system, ethereum was designed for smart contracts that execute when specific conditions are met. Nerayoff, who helped craft token sales for the ethereum project, said businesses in an increasingly wide variety of industries are starting to take note of what value Ethereum’s protocol could offer them.

“You’re seeing a tremendous amount of growth across a wide variety of industries. Fintech is actually the natural area, but now you’re seeing it becoming increasingly more creative — you find projects in the oil and gas industry, you’re finding government using it in their applications, you’re seeing it in gaming, all kinds of different areas,” Nerayoff said.

Beyond project building, Nerayoff said usage is increasing because ethereum can process transactions more quickly and cheaply than its rival. “People are actually using it for currency, as well,” he said. “Lower transactional costs are increasing usage of the entire network, and that’s increasing the network effects of it. There are more users, more projects being built on there and more programmers,” he said. Despite his confidence, Nerayoff isn’t discounting bitcoin and the interest in cryptocurrency it inspired in 2017. “The entire space is increasing. There is huge interest by the public and there are more areas in which the public can invest, even in bitcoin, so you could just see an expansion in the entire space,” he said.

Either way, when it comes to 2018, Nerayoff thinks ethereum is going to have a good year. On the Luxembourg-based Bitstamp exchange, bitcoin closed down 8.73 percent at $14,766.86, with a market cap of $248 billion. Ethereum had an estimated $110 billion market cap at close.

Ethereum price prediction: 2018, 2019, 2020

Ethereum is fast emerging as a major cryptocurrency. In the last few days, it has scaled new heights quite consistently. Also, in the calendar year 2017, it is risen by about 3600%. This is one of the main reasons why most of the investors are also looking at Ethereum as a long-term investment bet.

This brings us to the important question what can be the Ethereum price in the future. You need to understand that you have to look into the usability as well as the application of the cryptocurrency. When you are able to look at the usability and application of cryptocurrency, thereafter only it would become easier for you to understand how its value can appreciate. When you’re looking at Ethereum, you would realize that it is underlying capability that is it provides decentralized processing power as well as bandwidth. Owing to this very reason, Ethereum is much different as compared to the other tokens which are just a token for investment. This also means that the value of Ethereum would increase in the future.

In the current year that is 2018, it is predicted that Ethereum would reach around $ 2500. By the end of next year that is 2019, it is expected that Ethereum would be somewhere around $ 14,000. Similarly, by the end of the year 2020, it is assumed that Ethereum would be around $ 31,000.

Thus, when you look at the kind of returns which are expected from Ethereum, you would realize that it has a long way to go still.

Reasons why Ethereum can appreciate by a significant amount:

some of the reasons include:

  • Increasing application uses
  • more companies adopting decentralized cloud-based applications
  • increased usage of smart contracts

These are the 3 reasons why Ethereum is being more widely used. You need to keep in mind that when it comes to Ethereum, the more the platform is used, the higher would be the price of the token. Owing to this very reason, you can be sure that the value of Ethereum would increase in the future as well.

Also, it is expected to become the 2nd most valuable cryptocurrency according to the market cap. This is one of the main reasons why it would consistently appreciate as well over the years.

So, whenever you’re looking to invest in any cryptocurrency, it is a much better idea to look at the option of Ethereum. When you look at the option of Ethereum, you would realize that not only it has a strong application but also significant potential for appreciation.

Tags: ethereum price predictions 2020, ethereum price prediction 2025, ethereum price speculation, bitcoin price predictions 2018, litecoin price predictions, ripple price predictions 2018, how high can the price of ethereum go, ether price prediction 2018

Fortune has published a story about the future of cryptocurrencies in general. Here is a summary of it to give a general idea:

The future of cryptocurrencies

7 Cryptocurrency Predictions From the Experts
Fortune convened some top cryptocurrency entrepreneurs, venture capitalists, bankers, and others to chat about the future of digital money at Fortune’s Brainstorm Tech conference in Aspen, Colo. last week. A select group met at the Aspen Institute for a breakfast roundtable discussion on Wednesday morning.

Headliners on the panel included Balaji Srinivasan, CEO and cofounder of 21.co, a cryptocurrency startup that has raised more in traditional VC funding than almost other one. Another was Peter Smith, CEO and cofounder of Blockchain, a U.K.-based cryptocurrency wallet company that recently raised $40 million from GV, the venture capital arm of Alphabet, parent company of Google (GOOG, +0.22%). And Kathleen Breitman, CEO and cofounder of Tezos, a blockchain startup that this year raised more than $200 million in an initial coin offering, or ICO, and which counts celeb investor Tim Draper among its backers.

The crew of experts weighed in on everything from the longevity of Bitcoin, the original cryptocurrency and blockchain, or cryptographically secured public ledger, to the latest trend of hosting so-called token sales to fund projects, especially on Ethereum, a rival blockchain to Bitcoin’s, to the future of a decentralized web. Here are some of the predictions we heard.

The future of Bitcoin and Ethereum

1. Bitcoin and Ethereum are here to stay.
Most people who are enthusiastic about cryptocurrency appear to agree that Bitcoin and its newer rival Ethereum have staying power, though they may be more bullish on one versus the other. “In terms of 5 to 10 years, Bitcoin and Ether will be around I bet,” Balaji Srinivasan told the room of more than 70 people.

Peter Smith said his company, Blockchain, which was early to Bitcoin, has only just started to warm up to newcomer Ethereum. In contrast, Mike Cagney, CEO and cofounder of SoFi, a personal finance company, said during a separate session on the main stage that he was hotter on the latter technology.

Bitcoin “has some purpose but its application for commercial transaction is limited right now,” Cagney said. “The blockchain and Ethereum, on the other hand, have absolutely fascinating infrastructure applications,” he continued, mentioning the possibility to overhaul title insurance, which involves policies related to real estate, as one example.

How many tokens and coins and blockchain protocols will eventually win out?

2. As yet unknown coins will hit the big time.
Bitcoin and Ethereum may have stolen the show at this point, but the innovation won’t end there. Expect more winners on the horizon.

Kathleen Breitman is hopeful that Tezos, her own blockchain bet, will fill a niche that solves problems with extant blockchains. In particular, she and her project’s developers are designing Tezos to automatically push software updates out to the network, thus, in theory, avoiding the divisive feuding over upgrades that has wracked systems like Bitcoin over the past few years.

No one can say how many tokens and coins and blockchain protocols will eventually win out, but the experts seem to think there’s room for a multitude. “It’s likely that another one or two dominant ones we haven’t seen yet in the market,” Smith projected. “Another really dominant coin could come out this year or next year.”

Frauds are happening, people are going to jail

3. Sure, people will get burned.
For the time being, token sales might seem like a fantastic way to raise a lot of money quickly and with few questions asked. Will this lead to riches for some? Undoubtedly—indeed, it already has. And rip-offs for others? Almost certainly.

Smith said he presumes that market manipulation and insider dealing is rampant among purveyors of initial coin offerings. “We’re cautious about it in the short term,” Smith said of his company. “But you have to temper that with the idea that every new technology is going to be like that in the beginning.”

Brad Garlinghouse, CEO of Ripple and a former executive at Yahoo, voiced his less forgiving concerns about the sector on a separate panel. “Heavily regulated markets are typically heavily regulated for a reason,” he said. “Frauds are happening, people are going to jail.”

ICOs change all the Silicon Valley

4. ICOs will (eventually) give Silicon Valley and Wall Street a run for their money.
The days of making a pilgrimage to the homes of the holders of purse strings are coming to an end. In a world where anyone can participate as an investor online, physical location matters much less.

“It used to be you had to come to Silicon Valley, walk up Sand Hill Road, network with individuals,” Srinivasan said about entrepreneurs seeking funding, often strolling up a strip to the west of Palo Alto that long has been associated with venture capital firms. ICOs change all that.

Projects are already getting funded this Kickstarter-like new way. Breitman said she that when she set up Tezos’ token sale, she aimed to “get as many people who wanted to participate in the ecosystem to contribute.” The company raised more than $200 million to date and, according to her, more than 30,000 Tezos wallets have been opened.

ICO and Cryptocurrency Regulations

5. Regulations will stick.
Elena Kvochko, chief information officer of the security division at Barclays, said that her bank has had talks with regulators about Bitcoin, blockchains, and their ilk. The rule-sticklers appear to be open to the idea as long as “know your customer” laws are obeyed, although its still early days.

Meanwhile, as governments settle on sets of rules of the road, countries like Switzerland, Singapore, and Estonia are jostling to develop frameworks that easily accommodate the new technology, Srinivasan said. They’re seeking to displace geographic incumbents and become hubs for a new wave of business financing. “If you’re a U.S. person or business, you have a good deal to be concerned about,” Smith said.

Breitman added that until the rules are agreed upon, it’s “best to be transparent” about what one is doing.

Price Speculations

6. Speculation will subside as “killer apps” take hold.
As cryptocurrency prices fluctuate wildly, speculators have been having a field day. However, there’s reason to believe the markets will become more stable, as Bitcoin gradually has over the past couple of years (despite its still big price swings), Smith said.

In order for these computer coins to catch on big-time, they need a use-case that beats traditional money. Ideally, this ought to be better than merely “buying drugs,” as Jeff John Roberts, Fortune reporter and the session’s moderator, noted.

Srinivasan proposed one possible scenario. Imagine that “all your waking hours are spent in the Matrix,” he said, referring to a virtual reality in which everyone is enmeshed in the future. As people from all over the world meet and interact, they will need a medium of exchange. “To transact, you can’t just hand over a dollar bill,” Srinivasan said. “You need an international currency for that.”

“It might take a while but there’s going to be more of a need to transact across borders than there is today,” he said.

7. Cryptocurrencies will pressure incumbents to improve.
Whenever a consumer swipes or dips a credit card, payment processors charge a fee.

Nicko van Someren, chief technology officer of the Linux Foundation, pointed out that the fee companies like Visa or Mastercard charge exceeds the cost to clear or settle transactions. These businesses can potentially process transactions quicker and cheaper, he contended.

One potential outcome of the adoption of alternate systems, like Bitcoin, is to provide companies with the impetus to improve their services. “Bitcoin is good because it will make banks move toward the real cost of handling these transactions,” van Someren said. (By extension, in Ethereum’s case, one could imagine upstart companies built on it forcing giants like Amazon, Facebook, or Dropbox to reconsider or improve their respective offerings.)

Smith, meanwhile, was less optimistic about incumbents’ ability to adapt to such change. “I don’t think be lot of room for banks to simply adjust their price models,” he said.

Ethereum Price Forecast: How High Can The Price Of Ethereum Go? 2018, 2019, 2020

How High Can The Price Of Ethereum Go?

When it becomes more widespread and mainstream it can hit the numbers over in a year. But it is not sure. It has already seen the numbers of $1377. It will be easier to climb after hitting $1k.

Sure it will see some drops from time to time. But in a long term if the demand goes in that way it is not hard to hit those imagined numbers.

Invest In Ethereum Technology

So the best thing to do is not investing in the crypto, but investing in the technology. If you invest in technology to make a better world you will definitely be happier.

Ethereum price prediction: 2018, 2019, 2020

Ethereum is fast emerging as a major cryptocurrency. In the last few days, it has scaled new heights quite consistently. Also, in the calendar year 2017, it is risen by about 3600%. This is one of the main reasons why most of the investors are also looking at Ethereum as a long-term investment bet.

This brings us to the important question ‘what can be the Ethereum price? You need to understand that you have to look into the usability as well as the application of the cryptocurrency. When you are able to look at the usability and application of cryptocurrency, thereafter only it would become easier for you to understand how its value can appreciate. When you’re looking at Ethereum, you would realize that it is underlying capability that is it provides decentralized processing power as well as bandwidth. Owing to this very reason, Ethereum is much different as compared to the other tokens which are just a token for investment. This also means that the value of Ethereum would increase in the future.

In the current year that is 2018, it is predicted that Ethereum would reach around $ 2500. By the end of next year that is 2019, it is expected that Ethereum would be somewhere around $ 14,000. Similarly, by the end of the year 2020, it is assumed that Ethereum would be around $ 31,000.

Thus, when you look at the kind of returns which are expected from Ethereum, you would realize that it has a long way to go still.

Reasons why Ethereum can appreciate by a significant amount:

some of the reasons include:

  • Increasing application uses
  • more companies adopting decentralized cloud-based applications
  • increased usage of smart contracts

These are the 3 reasons why Ethereum is being more widely used. You need to keep in mind that when it comes to Ethereum, the more the platform is used, the higher would be the price of the token. Owing to this very reason, you can be sure that the value of Ethereum would increase in the future as well.

Also, it is expected to become the 2nd most valuable cryptocurrency according to the market cap. This is one of the main reasons why it would consistently appreciate as well over the years.

So, whenever you’re looking to invest in any cryptocurrency, it is a much better idea to look at the option of Ethereum. When you look at the option of Ethereum, you would realize that not only it has a strong application but also significant potential for appreciation.

Ethereum 5 year projection and predictions

The current price of Ethereum is around $ 1000. It has reduced a bit after rising to $ 1200. Many of the investors are trying to figure out whether it has the same kind of potential to increase in the future as well or not.

If you look at some of the predictions which are available online, you would realize that certainly, there is a high chance that Ethereum would actually rise in the future as well.

As per some of the predictions online, by the end of this year, Ethereum would be around $ 1900. Similarly, after a period of 5 years, it would be around $ 5500.

This is the reason why many investors are still looking to invest in Ethereum.

Another reason why Ethereum is attracting such a lot of investor attention is due to the fact that the actual utilization of the Ethereum platform is just at the starting point. In the years to come, this utilization would surely improve. As this utilization improves, so would the price of Ethereum.

More and more exchanges are also listing Ethereum as a cryptocurrency which you can buy. Therefore, these days buying Ethereum cryptocurrency is not that difficult either. Investors can sign up easily on the different exchanges in order to buy Ethereum. You can easily exchange other cryptocurrencies in order to buy Ethereum. Moreover, many of the ICO’s are being launched on the Ethereum platform as well which is further fuelling the demand for Ethereum. This is another reason why the price of Ethereum would increase in the future as well.

Thus, if you’re looking into the futuristic prediction of the different cryptocurrencies, Ethereum is certainly one of the best options which you can currently invest in. You need to, however, keep in mind that you have to look at the tremendous increase in the price of Ethereum in the last few months. Therefore, it should not come as a surprise that the price of Ethereum can actually reduce in the shorter term. However, in the longer term, you can be sure that the price of Ethereum would increase. If you’re ready to bear that volatility and if you’re ready to hold Ethereum for a longer period of time, you can be sure that you would be able to get a good amount of return as well. Also, the kind of returns which are provided by cryptocurrencies are much more than the traditional asset classes which you can invest in.

Is Ethereum a bubble? Ethereum price speculations 2018

When you look at the growth of Ethereum, you would realize that it has been astronomical, to say the least. Ethereum is not a case when it comes to rise in cryptocurrencies. There have been a wide variety of cryptocurrencies which have increased significantly in the last 12 to 14 months. Cryptocurrencies Ethereum specifically has gone from being traded around $ 100 to being traded over $ 1200. All of this within the last 15 months. This is one of the main reasons why investors are actually fearful of investing in Ethereum. This brings us to the very important question as to whether Ethereum is actually in bubble territory.

Normally, when you’re speaking about bubble territory, the asset which is in the bubble territory does not have the proper fundamentals to match the price rise. You need to understand that Ethereum is not a for-profit company and therefore, it cannot be judged like one. On the other hand, the asset prices are also are regulated by the demand-supply equation. The demand for Ethereum is significant as more and more investors are looking to invest in it. However, rather than just looking at the demand of the asset, it is important to look into the underlying application of Ethereum.

In the longer term, only when the underlying application of Ethereum is being utilized more and more, Ethereum would increase in value as well. This is one of the main reasons why you have to look at the potential end users.

The truth is that even Fortune 500 companies are interested in what Ethereum has to offer. They have formed an enterprise Ethereum alliance in order to harvest the smart contract capability as well as the blockchain capability of Ethereum. Once proper end applications are available, you can be sure that the usage of Ethereum would increase significantly.

In addition to the application which we discussed above, Ethereum platform is also being used by the companies in order to launch their ICO’s as well. This is another application which is gaining more and more momentum.

Prediction of Ethereum for 2018:

The prediction of Ethereum by this year-end is around $ 2500. It remains to be seen whether it is able to attain these levels or not.

Thus, whether you should invest in Ethereum or not would actually be dependent on the time horizon of investing. If you’re just investing for a couple of months, it might not be a good idea to invest now. On the other hand, if you’re thinking of investing for at least 4 to 5 years, you can invest at the present levels as well as the end-user applications of Ethereum are still pretty strong.

Disclosure: This article is not an investment advise.

It is not an easy question but some predictions can be done. If we think about Bitcoin, no one could imagine that it will hit the 20k dollars in one day starting from $.08. But it happened since 2009, in less than 10 years. If we think in the same way for Ethereum, it will take some time but for Ethereum it will be faster to reach some numbers. And also if we think about the background technology of Ethereum, it can make it easier to become more common.

Ethereum Based Blockchain DAPPS

But you should remember that, Ethereum is not only a coin it is also a technology far beyond our imagination. Most of the ICO’s are using Ethereum based Blockchain technology. This is also something else why Ethereum will last more.

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tags: bitcoin price predictions 2018, ethereum price predictions 2018, ripple price predictions 2018, litecoin price predictions, ethereum price predictions 2020, ethereum price speculation, ethereum price prediction 2025, how high can the price of ethereum go


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