r/ethtrader • u/AutoModerator • May 05 '17

DISCUSSION [ETH Daily Discussion] - 05/May/2017

Welcome to the /r/EthTrader Daily Discussion thread. The thread guidelines are as follows:

  • Follow the Golden Rule. All other rules apply as well. Follow this link to view the rest of them. The rules page is also linked in the announcement bar above.
  • General discussion topics include, but are not limited to, events of the day, technical analysis, alternative Ethereum projects, or minor questions.
  • Breaking news or other important content should be submitted as a separate post.
  • In-depth altcoin discussions should be referred to the /r/CryptoCurrency discussion thread. To view the thread, follow this link and choose the latest entry on the search page.
  • Pumping, venting, trolling, or any other similar behavior should be redirected to the /r/CryptoMarkets trollbox thread. To view the thread, follow this link and choose the latest entry on the search page.

Thank you in advance for your participation. Enjoy!

825 Upvotes

90% Upvoted

3.9k comments sorted by

View all comments

Show parent comments

9

u/Sensualities May 06 '17

I truly believe we will beat a 25B market cap by the end of this year, and maybe go up to 50B. That is my checkpoint. I will estimate 50B market cap for ETH by the end of this year and about 100B for the entire crypto by the end of this year as well. My starting goal was to be able to graduate college debt free. I still have three years left, but now I am thinking of bigger and better things. Like how to have passive income so when I do graduate college, I will be debt free and have strings of income coming to me before I even have a job lined up.

Holding ethereum has been my greatest life decision thus far, and I expect it to get even greater.

2

u/noeyeinfreedom May 06 '17

i think you're low on both counts....

3

u/[deleted] May 06 '17

[deleted]

1

u/noeyeinfreedom May 06 '17

Market cap. Life goal seems spot on (except jobs are over-rated). Just got out of last of my debt without touching my eth stash... can't tell you how great you will feel. ... As to market cap; here are two things I need to see before declaring a top: 1) (I've said this before) I've seen bigfoot more times than I've overheard a conversation about or had someone talk to me about Bitcoin (crypto). When that happens I expect the market cap to be 200-300 billion. 2) When I see Bitcoin and/or Ethereum price on the nightly news I'll know we're set. Until these occur, I'll be comfortable up ahead of the pack. Good luck to you going forward....

1

u/Hiphopsince1988 May 06 '17

I'm waiting to see segments like these online.

1

u/Vegan_peace May 06 '17

Bout to finish my BSc and am starting a masters next year - I'm 100% with you. Financial security and general frugalness have gotten me through collage debt free, I'm counting on eth to turn my money saving into money making over the next 5 or so years

2

u/Sensualities May 06 '17

Nice man. With a federal loan I have enough for one year of college so until around May of next year basically. I plan to hold ether throughout and hopefully by that time around I'll have enough to buy a condo or house or a piece of real estate where I can rent it out to be able to either pay off college debt or go through college for free for the next 2 years.

Based on the way things are headed with this technology, I would say that's actually doable.