Consultancy Firm Sees Ether Hitting $2,500 by the End of 2018
From NewsBTC
Optimism seems to be returning slowly but surely to the cryptocurrency space. Recently, there have been some pretty bullish price predictions for the largest digital coins. The latest is for Ethereum from consultancy firm deVere Group.Read more: https://www.newsbtc.com/2018/04/27/consultancy-firm-sees-ether-hitting-2500-by-the-end-of-2018/Is a Four-Fold Increase in the Price of ETH on the Cards?
According to MarketWatch, Nigel Green, the founder and CEO of the deVere Group, told the publication in an email about his price predictions for the second largest digital asset. He stated:“The price of Ethereum is predicted to increase significantly this year, and could hit $2,500 by the end of 2018 with a further increase by 2019 and 2020.”
The prediction is based on a number of factors which the CEO continued to elaborate on. These include more platforms using the Ethereum network to facilitate trading, increased numbers of projects using smart contracts, and cloud computing going decentralised.
Nigel Green went on to state that he welcomed forthcoming regulation. For him, it is ‘inevitable’ and it will ‘lead to greater investor protection and long-term confidence in the market.’
There are a number of exciting projects being created on top of Ethereum from developers around the world. One such example is basis, a stable coin that has attracted great venture capital interest and uses a variable supply to guarantee price. In addition, Amazon Web Services (AWS) have been creating templates that are aiming to make blockchain development on the Ethereum public network easier than ever before.
I guess I should really hurry up and buy some more Ethereum like I've been meaning to do but I also need to buy some EOS. Argh what is a crypto hodler to do? Too many decisions.
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yeah let's gogo
With an over 8000% price increase last year, 4x is easily do- able! I think many people were put off by the recent bear market and lost faith. They seem to have very quickly forgotten just how powerful a crypto bull run is. I predict a BIG run this time (there are numerous posts on @bitbrain as to why I say this). I consider 4x to be very conservative.
Here you hit it straight. The info go well. Thanks for Sharing
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