While Ethereum has recently risen dramatically, it is only in its first of four stages this year that will cause the Ethereum brand to become a common household name.
Number 1: EEA Ethereum Enterprice Alliance
This is several companies who have joined Ethereum's blockchain technology. Just to mention a few: Microsoft, BP, J P Morgan. The benefit of Ethereum's likibility is the truthfulness in transactions. Fraud, because of Ethereum, could become a crime of the past. Banks, Insurance Companies, Automobile Industry, and the Stock Exchanges could all greatly benefit from smart contracts.
Number 2: Raiden Lightening Network! I'll let the name speak for itself. In today's work SPEED is everything.
Number 3: Metropolis or Ethereum 1.2 This will make the transactions simplier and faster with more security. Due in the second Quarter of 2017
Serenity will follow Metropolis possibly in first quarter of 2018.
Number 4: Ice Age?? Well, that is still way down the road. More about that later.
Now how will this affect the price of Ethereum?
- EEA has the potential of bringing in not just more players into Ethereum, but players with deeper pockets. $300/eth is not unreasonable.
- Raiden Lightening Network is perfect timing for deep pocket investors. Speed of transactions will spread like widefire. $450-$600/eth. This could take place by Aug. 2017.
- Metropolis added security will influence the price even more pushing the price to $900-$1,000 by Oct. 2017.
- Ice Age???? Well...., $2,000 ----$$$$$$$$
What you must understand is Ethereum is not a scheme, it is a blockchain that can provide a host of services for companies, institutions, governments, colleges, sports, and any other entity that requires security, speed, and service.
Waiting to figure it out is like waiting to buy a smart phone until you understand how it works?