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RE: Ethereum hits the record high
ETH will definitely go to $1,000, maybe by the end of 2017. I see ETH going to $5,000-$10,000 in the next 5 years. If ETH goes to 5 trillion dollar market cap, the price will be at $50,000 a coin. That is assuming they keep the supply at 98 billion. Considering the stock market, gold market and fiat market are all 80+ trillion dollar markets each, I think ETH, a world currency supercomputer that will change all life as we know it, can pick up A LOT of that money.
A market cap of $5 trillion ... Now there's a thought
I think you should read my post below. ETH certainly can get very expensive. Might like some reason regarding the state of the project.
https://steemit.com/ethereum/@kyle.anderson/step-back-elephant-in-the-room-it-s-time-to-talk-about-the-price
Sorry but the masses dont deal in "reason". Im a trader, I trade human emotions.
Lol I think this gives those emotions enough consideration. You might enjoy some insight into the project if you are trading on those 5 year timeframes you reference.