That whole China thing got bent out of proportion and fake news came out about it they are Banner ICOs which is fine I totally get that they are not banner bitcoin or ethereum etc. Just going to take a few days for the dust to settle I guess.
Metroplis is going to be awesome I have a price target at $600-$700 by the end of this year for Ethereum because of it.
I like those numbers....
A double from here would be nice...Although I will saw that I expect another huge run for a time in the 4th quarter. So much money coming into the space throughout the rest of the year that I see one month having a huge run up...ETH will profit along with the others.
What is your long term number on ETH?
Long term number is not much higher then that honestly Ethereum is a bit of a different beast then bitcoin in terms of what it does. There are also about 6 times the amount of coins for ETH then their are bitcoin.
That makes a lot of sense.
So you see ETH topping around $700?
Yes, I agree! I too kind of would be disappointed if Ethereum did less than double, to be honest.
But on the other hand, if it does double then we'd be nearing the Flippening. And I am not sure the time is ripe for a Flippening just yet in today's market? So perhaps the gains will be less astronomical, bringing us to $500 or so. It's going to cause chaos if it does pass Bitcoin. I just can't believe with all the media attention Bitcoin has been getting, Ethereum will just fly past it.