how high ethereum price could go

How High Will Ethereum Go in the Future?

The story of Ethereum begins with understanding the technology. Many have gone out to buy Ethereum just to make a quick buck and they will be the first to have the carpet ripped out from under them. If you don’t understand the technology you should stop here and never put a dime in it.

The price of Ethereum will continue to go up over time as a function of mass adoption. I foresee a big move occurring when integration of the blockchain comes to mobile phones in a big way (TenX).  It will allow even a grandma with little technical expertise to access her finances.

However, mass adoption doesn’t occur overnight and you need to be patient. A few things I have been watching will work in it’s favor including the sharp move lower in the dollar and the stock market. Additionally, when Proof of Stake occurs many of the big investors will start to have a seat at the table.

how high will ethereum go

The stock market has hit all time highs on the year but is starting to correct. The value seems to already be sucked out and the growth seems small in the future. I could be wrong but it isn’t where i’m putting my money.

The next asset on the list after stocks is usually the dollar which has taken a bath this year. Currently, it is down over 8% and doesn’t seem like a place for investors to put their money. The yield of the dollar is small and the risk is huge right now.

After a long enough period, people start to question the system. This is why we see so much money flowing into crypto. But not just for decentralization from a system built on hierarchy.

Ethereum and other cryptocurrencies offer a few meaningful qualities that people love. They offer a secure medium of exchange with no oversight by government. Beyond that, crypto is acting as a means of digital gold right now. The supply can’t be printed off to oblivion like the U.S. dollar.

how high will ethereum go

In the future,  the activity between nodes all across the world to verify trust in transacting with each other will become a reality. Everything we do from day to day will be done over the blockchain. Instead of the spam that clutters the web now  we will have a system that is more useful and faster than ever.

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