Quote from: CoinChili on October 25, 2019, 05:31:25 AM

Right now it's impossible to reach such a huge price, but next year Ethereum price will likely rise but it will not be able to pump $2500.

Maybe, on the next three or five years will pass before such a price can be reached.

That's certainly true, mate. At current prices, it seems largely impossible for ETH to reach a price of $2,500 anytime soon. There needs to be a massive bull market for this to happen. Bitcoin needs to rise in price first, in order to pave the way for Ethereum and other altcoins to reach new ATHs in price across the crypto market. Of course, we also have the problem of scalability which greatly reduces the demand for any cryptocurrency on the market. I believe that once Ethereum scales with the adoption of Casper PoS and Sharding, prices will rise even higher than $2,500 within the short term. With only 4 years since the inception of the ETH blockchain, there's still room for improvement.

Nonetheless, we might end up waiting a long time before ETH hits new ATHs in price due to the slow movement of the crypto market. Bitcoin is still below its latest ATH of $20k per coin, making it difficult for other altcoins to reach new ATHs in price across the crypto market. Once BTC gets past $20k, then we can talk about Ethereum reaching at least $2.5k and above. In the meantime, it's best to accumulate as much ETH as you can before it's too late. Sometimes opportunities like these won't come again in a lifetime. If you've managed to secure your stake in ETH, you'll greatly benefit from it once it becomes highly demanded by people in the mainstream world. Just my thoughts Grin