Quote from: readygoaw on November 18, 2018, 08:18:02 AM

Quote from: grbox2002 on November 16, 2018, 11:50:49 PM

I'll say 180 by end of the year. No real upward pressure and people can sell to settle their cost basis / taxes. Price prediction by end of 2019 or high price for 2019 is the more interesting question at this point. Price at end of 2019 300. High price for 2019 I'll say 400.
My 0.00012eth.

How have you calculated it? Have you done some technical analysis? I hope that the situation with Ethereum will be much better. I guess, this cryptocurrency must gain close to the end of 2018.

The 2018 prediction is just based on thinking ETH is in a fairly stable range since middle of September ranging from high of about 240 to a low of 170ish. I think it will end the year about where it is now. Any dips will be bought up and any big pop will face some selling pressure. So pretty conservative for a prediction less than 2 months out.

The 2019 prediction is just based on increasing adoption of ETH for smart contracts and token creation. I could draw lines on charts and could try to do some technical analysis but I don't think that works well on Cryptos because the market is still small and a bit wild west like and there is more competition each day (new cryptos/ ICOS/ etc) not to mention the huge wildcard is always actions pro or con by governments around the world. Rumors about how the Chinese government will treat cryptos sparks bear or bull runs. Bitcoin ETF or new SEC regulations do the same. In 2016 ETH gained about 750%. In 2017 ETH gained over 9,000%. This year ETH is down about 75%. So no chart wizard is going to help you with that on a long term prediction.

You make money when you buy. I think this is a good entry point for ETH.

grbox2002

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