10-29-2021, 11:55 PM
A 10k ETH is not unrealistic, it is inevitable.
<!-- SC_OFF --><div class="md"><p>I don't think Ethereum get's enough love. Everyone's focused on chasing the next 100x play when there are amazing opportunities right in front of them. Ethereum is a blue chip crypto for a reason, it's stood the test of time.</p> <p>Ethereum may have high fees, but it's still the best smart contract platform <strong>in my opinion.</strong> Ethereum has a huge amount of smart contracts and dApps on it, the same cannot be said for any other platform. The fact that people are willing to pay exorbitant amounts of money for fees highlights how trusted and desirable the Ethereum network is.</p> <p>Next year, Ethereum will merge to Proof Of Stake. <strong>This is one of the most bullish events that I have ever seen.</strong> The reason for this is that the amount of ETH being created will be reduced by 90%, and ETH will become deflationary.</p> <p>A deflationary ETH will theoretically continue increasing in price provided that demand remains constant. I think we could see a supply shock where not enough ETH is on exchanges to meet demand which could propel the price very high.</p> <p><strong>TL;DR: ETH is very underrated. 10k ETH in the next few months is not an unrealistic prediction.</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/roberthonker"> /u/roberthonker </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qikr7r/a_10k_eth_is_not_unrealistic_it_is_inevitable/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qikr7r/a_10k_eth_is_not_unrealistic_it_is_inevitable/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I don't think Ethereum get's enough love. Everyone's focused on chasing the next 100x play when there are amazing opportunities right in front of them. Ethereum is a blue chip crypto for a reason, it's stood the test of time.</p> <p>Ethereum may have high fees, but it's still the best smart contract platform <strong>in my opinion.</strong> Ethereum has a huge amount of smart contracts and dApps on it, the same cannot be said for any other platform. The fact that people are willing to pay exorbitant amounts of money for fees highlights how trusted and desirable the Ethereum network is.</p> <p>Next year, Ethereum will merge to Proof Of Stake. <strong>This is one of the most bullish events that I have ever seen.</strong> The reason for this is that the amount of ETH being created will be reduced by 90%, and ETH will become deflationary.</p> <p>A deflationary ETH will theoretically continue increasing in price provided that demand remains constant. I think we could see a supply shock where not enough ETH is on exchanges to meet demand which could propel the price very high.</p> <p><strong>TL;DR: ETH is very underrated. 10k ETH in the next few months is not an unrealistic prediction.</strong></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/roberthonker"> /u/roberthonker </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qikr7r/a_10k_eth_is_not_unrealistic_it_is_inevitable/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qikr7r/a_10k_eth_is_not_unrealistic_it_is_inevitable/">[comments]</a></span>Kind Regards R