NEW POLL ON ETH: will it ever reach 5k?

[rdluffy]

Almost everyone thought that the switch from POW to POS would make ETH skyrocket in price and that we miners would just dump the mined ETH
And that's not what happened

At least in my opinion, miners held on to a lot of ETH and that helped the price, so much so that ETH's ATH was in 2021 when it was still POW
I saw miners as a strong community for ETH and all that has been lost

Of course there are other explanations, but ETH only weakened after the POS

[philipma1957]

Almost everyone thought that the switch from POW to POS would make ETH skyrocket in price and that we miners would just dump the mined ETH
And that's not what happened

At least in my opinion, miners held on to a lot of ETH and that helped the price, so much so that ETH's ATH was in 2021 when it was still POW
I saw miners as a strong community for ETH and all that has been lost

Of course there are other explanations, but ETH only weakened after the POS

Yep it made itself undistinguished from other coins.

Solana clones and even if the network freezes coins do not get lost.

Fees on Solana are super cheap as compared to eth

and once again you can make a new SOL+ETH clone at 5 dollars do the same as Solana or Eth .

Eth growth can not be figured out.  As I said eth stake interest varies too much and the amount of eth actually staked is hidden . If there are 120 million coins according to coin market cap how much are staked pulling interest right now?

No one knows.  The coin is going to fold in of itself bigly one day. Imagine how much it drops if and when we go bear.


its trump won peak was about 4007 in Dec 2024 it is now 1992 the drop is about 50.5%

btc  was as high as 109 and is now 86k the drop is  about 21%


If BTC tanks to 50-60k eth will likely drop under 1300 maybe under 1000

[God Of Thunder]

The worse thing about Ethereum is V.
A crook at least Trump doesn't hide the fact that he cares about the money.
Rather than been appreciating like POW coins , Ethereum is a depreciating asset because of it's unlimited supply like Fiat
So rather than rising, it could fall slowly and V would maybe create a fork and continue the scam
Say Ethereum 3.0

LOL, yeah. But that will be too late for most of the ETH holders. They will realize this too late. One of my local forum members liquidated his vault, which was staked somewhere, I guess. I don't know how it works, but I a lot of people are started to realize that ETH is slowly dying. If there is no benefit for users for holding ETH, why would people hold it? Just to get some commissions? No, we don't need commissions. This MF sucks. ETH is a bigger version of the Terra Luna scam.

[rdluffy]

If BTC tanks to 50-60k eth will likely drop under 1300 maybe under 1000

I forgot to comment, I voted for Maybe
Even though I'm pessimistic about ETH, I know there are chances of a pump at some point

If BTC falls to 60k you can be sure that ETH will plummet even more and lose the 1k USD 

[philipma1957]

If BTC tanks to 50-60k eth will likely drop under 1300 maybe under 1000

I forgot to comment, I voted for Maybe
Even though I'm pessimistic about ETH, I know there are chances of a pump at some point

If BTC falls to 60k you can be sure that ETH will plummet even more and lose the 1k USD 

I left eth in fall of 2022 with a lot of gpus that lost a ton of value.

So between the lost 2 eth coins and the switch over to POS I simply left the coin.

Thank goodness I did.

I do take if for payment and swap it to btc as fast as I can. but I am done with eth.

[pawel7777]

I honestly don't understand what's the appeal of Ethereum nowadays. Sure, when it was launched, it was a truly innovative and game-changing project, but, unlike Bitcoin, its value lies mostly with its usage, so now, when we have other, similar projects that have the same (or better) functionality but are faster and much cheaper, what's the case for Ethereum? Do the devs have any major improvements in the roadmap to make it more competitive? Or is it all just based on brand value?

[Wiwo]

I went with a simple no it will never top 5k.


As Its done. Bye Bye Mr V.

oh he still owes me 2 coins.



Yeah I am very anti ETH

Well I can't say because later is the mother coin after Bitcoin being the father coin so whatever that react to Bitcoin or happened to Bitcoin will surely reflect to ethereum,  ethereum is another major key player on the crypto space after Bitcoin and of course BNB which has also gained legs by backing up ethereum. Whenever BTC create a new ATH it would also reflect back to ethereum so for sure Ethereum would rise again.

At this moment, Ethereum is half the predictions and sure arriving at that $5k ATH price is going to take a fortune to achieve that price, although it is not as if that price won't happen it will but sure not anytime soon, I am sure that such price predictions where based on the case all-time high price wave and such will not be repeating itself anytime soon.

We should all be prepared for some long walk down the line because it will take some time to see anything near the last all-time high before we talk of making the $5k benchmark.

[SamReomo]

I went with a simple no it will never top 5k.

Well, with the supply of ETH I also agree with you that it's not going to reach $5k this cycle, but when ti comes to attention and demand then still it's on top when it comes to alt coins and that's why I think there's chance that it might somehow reach $5k value in this cycle if somehow Bitcoin also reaches $150k or $200k.

[Baofeng]

I voted for Yes Eth will rise again.

My reasoning is simple: if we will have a altcoin bull run at the end of the year, then obviously ETH will be one of the biggest gainer for it. Otherwise if we didn't, the market will be in total disarray as this will be the first time that we will not see a altcoin bull run and investors doesn't want to see that. In short, the cycle should continue without disruption.

[Rubel007]

I honestly don't understand what's the appeal of Ethereum nowadays. Sure, when it was launched, it was a truly innovative and game-changing project, but, unlike Bitcoin, its value lies mostly with its usage, so now, when we have other, similar projects that have the same (or better) functionality but are faster and much cheaper, what's the case for Ethereum? Do the devs have any major improvements in the roadmap to make it more competitive? Or is it all just based on brand value?

Although I was optimistic about Ether, my confidence is waning over time. Especially in this bull run, even though Bitcoin has crossed 100k, there is no movement about Ether. After the last bull run, it was predicted that if Bitcoin crosses 100k, the price of Ether has a possibility of going to 25k, but now it seems that the price of Ether is not 25k but 5k is a big challenge. If this situation continues without any new development, the price of Ether may reach the bottom.

[philipma1957]

I honestly don't understand what's the appeal of Ethereum nowadays. Sure, when it was launched, it was a truly innovative and game-changing project, but, unlike Bitcoin, its value lies mostly with its usage, so now, when we have other, similar projects that have the same (or better) functionality but are faster and much cheaper, what's the case for Ethereum? Do the devs have any major improvements in the roadmap to make it more competitive? Or is it all just based on brand value?

Although I was optimistic about Ether, my confidence is waning over time. Especially in this bull run, even though Bitcoin has crossed 100k, there is no movement about Ether. After the last bull run, it was predicted that if Bitcoin crosses 100k, the price of Ether has a possibility of going to 25k, but now it seems that the price of Ether is not 25k but 5k is a big challenge. If this situation continues without any new development, the price of Ether may reach the bottom.

for eth to go up 🆙 it needs a lot of rich big investors.

eth has next to zero appeal for a small player.

solana is simply easier to buy into.


but a rich guy know the original eth coins were premined at 25 cents a coin.

they also know orginal owners may be slowly dumping coins at huge profits.

you have 10,000 eth they earn 8% a year or 800 coins you simply sell the 800 get about 1.6 million in sales

and at 25 cents a coin those 10,000 pre coins cost 2500

this is the nut that is killing eth.


put up 2500 hodl

and earn 1.6 million a year from now on.

plus the original 10,000 coins sit.


eth should go down not up when you study the facts above.


worse than all I mentioned we have no idea how many are doing the above example.

30,000,000 coins were premined are 10 or 20 or 30 million doing what I said.

plus the newer coins.


so this scares off big money.

so case one small people should do solana
case two big people should run unless they are staked at under 200 or 300 a coin.


this really drags eth down.

the only reason it has not fully died is likely there are over 20 million premined coins staked.

but no books. so who knows

[SmartGold01]

I went with a simple no it will never top 5k.


As Its done. Bye Bye Mr V.

oh he still owes me 2 coins.



Yeah I am very anti ETH

Well I can't say because later is the mother coin after Bitcoin being the father coin so whatever that react to Bitcoin or happened to Bitcoin will surely reflect to ethereum,  ethereum is another major key player on the crypto space after Bitcoin and of course BNB which has also gained legs by backing up ethereum. Whenever BTC create a new ATH it would also reflect back to ethereum so for sure Ethereum would rise again.

At this moment, Ethereum is half the predictions and sure arriving at that $5k ATH price is going to take a fortune to achieve that price, although it is not as if that price won't happen it will but sure not anytime soon, I am sure that such price predictions where based on the case all-time high price wave and such will not be repeating itself anytime soon.

We should all be prepared for some long walk down the line because it will take some time to see anything near the last all-time high before we talk of making the $5k benchmark.

That would be a lot bulk work for Ethereum sitting that close to 5k again in the near future, though that could likely be in the next bull run but already as we know this year we have entered first phase of Q2 and by ending of Q4 something striking might likely happened but then we can't still be sure of the market because they are all dependent of bitcoin how it reacts generally to that could surges over the altcoin. And like you said, 5k may seems impossible to be achieved currently.

[bitbit97]

I voted for Yes Eth will rise again.

My reasoning is simple: if we will have a altcoin bull run at the end of the year, then obviously ETH will be one of the biggest gainer for it. Otherwise if we didn't, the market will be in total disarray as this will be the first time that we will not see a altcoin bull run and investors doesn't want to see that. In short, the cycle should continue without disruption.

Why dont ETH gained as BTC did after its previous ATH? Even some old altcoins managed to update past ATH. Couple it possibly mean that there was already a bull for altcoins, but ETH performed bad during it? Other idea - will there even be altcoin bull runs that we used to have in past? In theory, if US and Trump pushes BTC up (with their strategic crypto reserve idea), will market still be as much interested in altcoins? Or it will create another or wider gap between "there is BTC and the rest of crypto" ?

[yhiaali3]

I also voted against Ethereum reaching $5k. It's difficult for Ethereum, in its current state, to reach this number in the foreseeable future.

Unfortunately, Ethereum is suffering from many problems, and despite the numerous updates and significant improvements made to the network, especially fee reductions, it is still struggling. Therefore, I don't expect Ethereum to reach this number. It may reach $3k at the latest, at the peak of Bitcoin.

[rdluffy]

...
for eth to go up 🆙 it needs a lot of rich big investors.

eth has next to zero appeal for a small player.

solana is simply easier to buy into.
...

Exactly
An average user with perhaps 100 to 1000 USD would hardly choose the ETH network these days to start with
Or even with more money, it makes more sense to be on other cheaper networks like Solana

What's more, many more interesting services have appeared on Solana and the L2 layers than on the ETH mainnet itself