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Lark Davis shared: “Ethereum to capture a significant percentage of the financial services network in the next 10 years. The predicted price according to ARK is 180,000 dollars per ETH.”
Community Response: Solana, AVAX, BSC, SHIDEN (not my favorite), POLYGON all have much lower fees. Imagine buying a burger in the real world with ETH. It’s trash. ETH just got there first. Death to Ethereum.
The gas fee issue will be fixed with 2.0.
That gets newbies REKT. Please consider always mentioning the downside in crypto for newbies.
Unfortunately, crypto market predictions don’t mean anything. Never going to happen, whales will just dump relentlessly like with BTC.
Really? Ethereum is stuck in the dark ages. Fantom is doing more volume on the network per month in orders of magnitude faster, and the fees are super cheap. Who is going to trade on the inferior network? PoS is here already at ETH 2.0 just that it is too little, too late.
Been in the game long enough to recall the same comments levelled at guys who suggested that Bitcoin would reach 3000 dollars from its 900 dollars price. I never bet against ANY crypto price predictions no matter how optimistic they might sound.
That’s why ARK was one of the worst-performing fun last year.
People still don’t understand Ethereum. These fees are made for some reasons.
What reason? 1. Not too many transactions before Proof ok Stake, which also means not moving ETH. 2. ETH was NOT made for daily transactions. It (will) IS used by institutions, banks, to make transactions with high security.
In concrete terms: People who don’t give a damn about paying 200 Dollars or Euros, if it’s about a billion dollars transaction.
I think ARK forgot about other defi platforms taking market share. ETH and other defi platforms are run just like private companies and each will do its best to acquire market share.
What would be 3000 dollars for one transaction? ETH is the Shit Coin for the wealthy.
Can’t see it myself, too much competition with much cheaper gas fees. Maybe just becomes another Bitcoin 2.0.
And then sell every organ of your body every time you want to pay the gas fees.
Unless ETH gets its gas fees under control then they’ve got zero chance of capturing that percentage.
Guys we are talking about a 10-year prediction. You guys are just looking into short-term prices. It doesn’t matter if ETH or BTC is at 3k or 50k tomorrow. In 10 years, everything looks different. When BTC hits 200k in the next years, you will talk about why is BTC only 200k.
Not only 30 Trillion market cap since ETH is not deflationary like BTC. Maybe 100 Trillion. Maybe all the money on the earth should be invested in only and only ETH.
Some peps want to sell their big bags and they need to start Hopium now so they can drop it next bull run.
The predicted value of USD 180,000 in 10 years: A pack of Bubble Yum and a six-pack of Dr.Pepper.
30t market cap? 20x google market cap? This prediction looks like a big sell-off is incoming. The last time they predicted 1m BTC it lost more than half of its value.
Ethereum is a dinosaur no way will it do that unless they keep rigging the rules and as they have with the free pass speech.
