Post
Topic
Board Altcoin Discussion
Re: Ethereum to 100k?
by
capcaypro
on 23/05/2021, 18:09:41 UTC
I see some crazy numbers being thrown around, one is an Ethereum coin going to 100k in 2030. How can you tell if a price prediction is too high in relation to market cap? Some people say some coins cannot hit a certain market cap. How can you tell if a market cap value is too much for a certain coin? I understand that there are coins where there are great number of circulating supply, but why can't they reach trillions in market cap?
Ethereum is an altcoin and its price won't be higher than bitcoin, never. The possibility for Ethereum price to touch $100,000 is very low but there is a very small prob that it might happen. I don't believe in it but you can consider the related price of bitcoin. If Ethereum gets a price $100,000, what price bitcoin will have in that day? $1,000,000 for one bitcoin.

2030 is 2 years later the next two halvings: next one is in 2024 and second is in 2028. In that day, bitcoin will create a feeling of scarcity as its block rewards will be halved two times and become 3.15625 BTC for every bitcoin block. $300,000 in 2025 and $1,000,000 in 2030 is very possible.

https://www.bitcoinblockhalf.com/

yes it is true like that but there is nothing that is impossible again for the next few years it could be that the price is like that.
but it is true that eth will not be more than bitcoin but if eth is like that it is likely that btc will be even bigger in price. because bitcoin will still be the king of all existing coins and eth I think it will follow in the footsteps of btc and this is very possible.