Categories
Cryptocurrency

How To Get 1 Bitcoin Fast

In this article we discuss how to get 1 Bitcoin fast. We explain what Bitcoin and cryptocurrency is, the uses and future of cryptocurrency and make some future predictions.

Prior to learning how to get 1 Bitcoin fast, it is important to understand what Bitcoin is and what it does. So, let’s learn what Bitcoin is and how to get 1 Bitcoin fast.

What is Bitcoin (BTC)?

Bitcoin is a Peer-to-Peer Cryptocurrency Payment System Founded in 2009

Bitcoin is an open-source, block chain-based technology that was designed as a peer-to-peer payment system. It is designed to be a decentralized electronic payment method that can be conducted semi-anonymously among individuals. As well, Bitcoin is digital cash. The other intent of Bitcoin is to solve the double spend problem that had been encountered in the past with electronic currencies.

It uses block chain technology to maintain its function. First, for users to send and receive bitcoin, the block chain depends on miners. Second, miners use special computers to complete complex calculations which build blocks on the block chain. As a reward, miners are paid in Bitcoin upon completion of each block.

The world first learned about Bitcoin in 2009. It is unknown who invented bitcoin; however, a developer named Satoshi Nakamoto (probably a pseudonym) released a 9-page white paper entitled, “Bitcoin: A Peer-to-Peer Electronic Cash System.” As a result, the Bitcoin white paper describes Bitcoin’s purpose and how it works.

It was the first cryptocurrency to experience widespread use and adoption. However, Bitcoin’s use case has evolved over the years from a peer-to-peer payment method to a store of value model. For instance, many Bitcoin users hold bitcoin much like you would hold silver or gold in an investment portfolio.

Bitcoin Price: How to get 1 Bitcoin Fast

Prior to 2017, there were many opportunities for how to get 1 Bitcoin fast. In 2016, one Bitcoin cost less than $500. As a result, simply trading $500 (or less) was the easiest method for how to get 1 Bitcoin fast. Unfortunately, today Bitcoin is several orders of magnitude more expensive than in 2016. As a result, there is not an easy way for how to get 1 Bitcoin fast.

Although there’s no easy method for how to get 1 Bitcoin fast, here are some suggestions to stack Satoshis (fractions of Bitcoin) fast:

  • Sell Things You Don’t Need
  • Rent Out Your Room or Car
  • A Side Hustle job

Sell Items Lying Around the House

Sell Things Like Electronics, Jewelry and Name Brand Items Online or in a Garage Sale

The quickest method for how to get 1 Bitcoin fast is to sell things. Take an inventory of what you have at home that isn’t needed. Cell phones, gift cards and electronics are quick sellers. Other items that you may have not considered include:

  • Jewelry
  • Vintage toys
  • Fitness equipment
  • Collectibles
  • Name Brand Items (Apple, Bose, Tiffany, Etc.)

First, the common places to sell the items include eBay, Etsy, LetGo, Swappa, Gift Card Granny and Gazelle. Each of these sellers offers a phone app so you can easily manage purchases directly from your cell phone. The money from each sale goes directly to your bank account. Note: fees may apply.

Second, if you are looking to learn how to get 1 Bitcoin fast, have a garage sale. Garage sales are great if you want to avoid the hassle of photographing and listing items for sale online. In addition, each sale generates instant cash.

Finally, a hybrid of online selling and hosting a garage sale is Facebook Marketplace. Facebook Marketplace works as an online garage sale and allows you to reach a larger marketplace of buyers compared with selling in your neighborhood.

Convert Coins to Cash

Another way for how to get 1 Bitcoin fast is cashing in coins. Many people put extra change from their pockets in a jar at home and forget about it. If you if you want to know how to make 20 dollars fast, you can simply take the change jar down to your bank or a coin exchange. For a small fee, the coins are quickly counted and paid out in cash. If you have a bank account, check with your bank for coin exchange service. In addition, Coinstar is a popular coin exchange as well.

Rent a Room/Car

Earn Extra Money Renting an Extra Room and Rent Your Car

One hidden secret for how to get 1 Bitcoin fast is subleasing and renting. If you have a spare room or place to lease you can rent it out. Many people think of Airbnb as a vacation rental site. However, you can also rent out an extra room using Airbnb, the local paper or Craigslist to earn extra cash. Note: there’s a lot of issues to unpack regarding renting a room to a stranger, so make sure you do your research if you decide to rent out a room.

Have a car that you hardly use? You can also rent your car. Sites like Turo allow you to list your vehicle on their site and earn extra cash from rental fees. Vehicle protection plans are available and you earn approximately 65-85% of the trip price.

More Ideas to Earn Extra Money

Great Ways to Earn Extra Money Include Seasonal Work, Side Hustles and Starting a Business

One dirty little secret that successful people don’t share about their success is what they had to do to become successful. Successful people often work 2-3 jobs, work long hours and work to do things that no one else wanted to do. But this job is also how to get 1 Bitcoin fast for some people.

It’s not glamorous to deliver pizzas or wash cars when you have a master’s degree from a prominent university. But sometimes to get ahead you have to swallow your pride and do what must be done. I’m not suggesting that you do anything illegal to make money; on the contrary, there are plenty of legal jobs that will earn real money for you. Note: these ideas don’t earn money as quickly as selling your personal items.

Seasonal Work

Seasonal Jobs Include Retail Workers, Tax Season Workers and Vacation Season Workers

During the holidays, seasonal workers are needed in most areas. The Fall holiday season is the busiest shopping time of the year. Employers hire extra staff to help with the higher demand from customers. Examples include retail sales, delivery drivers and merchandise stockers.

Other seasonal jobs include working in the tax industry during tax season and working festivals and resorts during the summer or winter vacation season.  Seasonal jobs can be a great way how to get 1 Bitcoin fast.

Side Hustle

Having a side hustle has become more common these days. Unfortunately, many people work a second job simply to make ends meet. But there’s no shame in working hard to get ahead. Common side hustles today include:

  • Uber/Lyft Driver
  • Food/Grocery Delivery
  • Dog Walking and Sitting
  • Babysitting
  • House Cleaning
  • Gig Economy Services (Fiverr)
  • Freelance Work Online
  • Tutoring
  • Wash and Detail Cars

Start a Business

There are Great Opportunities for Starting a Business, Including Service Industry Business, Home Based Business and Home Sales Business

If you read or see the news, you may believe that there’s no hope for you to make money. However, there’s never been a better time to start a business. The opportunities are endless for someone willing to put in the work. You can start a business locally in the service industry, such as delivery, massage, home/car repair, pet sitting/walking, babysitting, etc. None of these businesses require an office or a startup cost.

If you don’t want to start local service business, you can work from your computer at home. Another way to figure out how to get 1 Bitcoin fast can be to sell things online. For example, some of the platforms available for online selling include Amazon, eBay, Etsy and Facebook Marketplace. You can buy and sell new or used items. In addition, you can create your own brand. There are many options for selling goods online.

Also, you can sell services online. Are you good at building websites, social media or marketing? Many businesses now have an online presence and they need marketers and SEO consultants to help them reach customers.

What is Cryptocurrency?

Cryptocurrency is a digital asset. Payments occur between individuals on the internet. In addition, the best cryptocurrency uses cryptography to secure transactions on a network. Block chain technology is part of what makes the network secure. Miners use powerful computers to solve advanced equations in order to earn Bitcoin or other cryptocurrencies. Finally, mining makes the distributed ledger network secure. In addition, it ensures that transactions are complete. As a result, no one can cheat the system.

What is Block Chain?

The block chain stores data on a public database. The blocks of information include transaction data, participant data and distinguishing data. Each block of data stores thousands of transactions under cryptographic lock and key. A network of computers operates the blockchain. They make the network run and keep it secure by solving algorithmic hashes. The network computers earn cryptocurrency for their work. The bitcoin block chain technology uses a distributed ledger. Bitcoin’s network security hinges on the distributed ledger that the network participates in.

What is the Best Cryptocurrency?

The best cryptocurrency is the most secure, has the strongest user base, has been operating the longest. In addition, it has the highest capitalized market. By this standard Bitcoin is the best cryptocurrency.

$1 Trillion Market Capitalization of Bitcoin

The total market capitalization of Bitcoin is around $1 Trillion dollars and growing. Bitcoin has always been the dominant cryptocurrency in the market and remains so. Moreover, its market dominance is approximately 60% against the other cryptocurrencies. Additionally, approximately $6 out of every $10 in the cryptocurrency market is used to purchase Bitcoin.

Bitcoin Continues to Grow

There are a couple of things to understand about Bitcoin growth. First, Bitcoin is growing in popularity and use worldwide. Users are adopting Bitcoin as a store of value like gold and using it as a payment method in places where banks don’t exist. Second, Bitcoin is growing in price.

When users began mining Bitcoin on laptops in 2009, it had little value. Yet, today one Bitcoin can be exchanged for $30,000! Around 2020, billions of Dollars of institutional money began to flow into cryptocurrency investment. People world-wide have been converting dollars to bitcoins for years.

Examples of Institutional Money Investments in Bitcoin (converting dollars to bitcoins):

Upside of Owning Cryptocurrency

Owning Cryptocurrencies Requires Belief That They Will Save A Failing System

Owning cryptocurrencies requires that you have a future vision that is radically different than our current banking system. In addition, cryptocurrency is inherently risky and volatile for investors. However, many believe that cryptocurrency investment is a vote for monetary freedom and independence from governments.

Bitcoin doesn’t require using a bank; the bitcoin holder is the bank. Making border-less payments between friends became easier and more private. In addition, Bitcoin is deflationary, with only 21 million Bitcoins available for use. And, if you are starting to have doubts about government money printing and overspending, then Bitcoin is an obvious candidate for safe haven status.

Future Predictions

It seems clear that Bitcoin will continue expansion and adoption. As a result, Bitcoin’s price will likely go much, much higher. In fact, record numbers of investors are investing in bitcoin.

Anthony Pompliano and Max Keiser, two well-known investors in the Bitcoin space believe that Bitcoin price will exceed $100,000 in the next few years. Investors like Mike Novogratz and Chamath Palihapitiya believe Bitcoin price will go higher. In fact, their predictions are $400,000 and $1,000,000, respectively. The investors mentioned are millionaires and billionaires. They clearly understand money and markets. As a result, their predictions are very serious.

Wrap Up of How to get 1 Bitcoin Fast

Hopefully this article has helped you better understand bitcoin, cryptocurrencies and how to get 1 Bitcoin fast. Several exchanges buy and sell cryptocurrency. Binance, Gemini, Kraken, Coinbase and so many more. Moreover, please do your research if you decide to move forward with cryptocurrency investment. There are many scams in the crypto industry that are searching for an easy mark. Finally, if you want to learn more about Bitcoin and cryptocurrency, one place to start might be Investopedia.

Read More:

Cryptocurrency For Dummies

Prediction of Bitcoin Price

The Fastest Growing Cryptocurrency

Best Cryptocurrency

Bitcoin

Top 10 Cryptocurrency

How to Become a Millionaire from Nothing

Cardano ADA News

One World Currency

Disclaimer:

It is important to note that Piggy Bank Coins does not provide financial advice. We don’t endorse or recommend any financial investments. Instead, we provide information for educational purposes to those seeking knowledge regarding personal finance. However, in the spirit of transparency, note that the author is an investor in cryptocurrencies, precious metals and some equities.

In addition, The Federal Trade Commission (FTC) requires that Piggy Bank Coins disclose to readers that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. Moreover, we try our best to keep things fair and balanced, in order to help you make the best choice for you.

Categories
Money

Digital Dollar Currency Wallet

In this article we learn about the new Federal Reserve digital dollar currency wallet, how the new digital currency is different from Bitcoin and how the wallet may be used as tool for social engineering.

The Banking for All Act

During the midst of the COVID-19 crisis in 2020, Congress and the Senate quietly passed “The Banking for All Act.” The new law requires Federal Reserve “member banks to maintain pass-through digital dollar wallets” for Americans.

What is a Digital Dollar Currency Wallet?

“Digital dollar currency wallet means a digital wallet or account, maintained by a Federal reserve bank on behalf of any person, for the purpose of holding digital dollar balances.” Website for the United States Congress, S.3571

The new digital dollar currency wallet is different than traditional banking. For example, interest is paid to the account holder. In addition, there are no minimum account balance requirements or account fees.

fedcoin digital currency

The ostensible purpose of the digital dollar currency wallet is to allow the Federal Reserve Bank to put money into American’s bank accounts. However, instead of collecting your personal banking information, the US Government is creating a new account for you. Additionally, during times of crisis (like the COVID-19 Pandemic), governments can provide welfare payments to citizens. Unfortunately, allowing a central government to control your money may not be a good idea.

Some people are concerned that allowing government bureaucrats to control your money via a digital dollar currency wallet may be giving them too much power. For example, what if the administrators of your digital dollar currency wallet decide that you are purchasing things that are not acceptable? Perhaps you bought too much beer or cigarettes using your account.

Would the Federal Reserve Bank then freeze your digital dollar currency wallet, preventing you from buying anything? If you think this is impossible, it’s not. Governments can easily change citizen’s behavior by controlling money.

China’s Social Engineering Experiment

China Limits Citizens Freedom with Social Credit Score

Think governments limiting citizen’s freedoms is a conspiracy theory? Think again. In early 2019, a report stated that China banned more than 20 million people from traveling. This was because their “social credit score” was too low.

“Skipped paying a fine in China? Then forget about buying an airline ticket. Would-be air travelers were blocked from buying tickets 17.5 million times last year for “social credit” offenses including unpaid taxes and fines under a controversial system the ruling Communist Party says will improve public behavior. Others were barred 5.5 million times from buying train tickets, according to the National Public Credit Information Center. In an annual report, it said 128 people were blocked from leaving China due to unpaid taxes.”– AP News Article entitled, “China bars millions from travel for ‘social credit score’ offenses” – February 22, 2019 by Joe McDonald

Social Engineering occurs when governments attempt to influence people’s decisions through incentives or disincentives.

“the use of centralized planning in an attempt to manage social change and regulate the future development and behavior of a society.” – Social Engineering defined, Google Dictionary

The Federal Reserve Exploring Distributed Ledger (Block Chain) Technology

For several years, the US Federal Reserve bank has been researching distributed ledger technology. This technology, also known as block chain technology, is part of the building blocks of the cryptocurrency Bitcoin.

“With these important issues in mind, the Federal Reserve is active in conducting research and experimentation related to distributed ledger technologies and the potential use cases for digital currencies.” – Federal Reserve Governor Lael Brainard on August 13, 2020

Distributed Ledger (Block Chain) Technology: Bitcoin vs Digital Dollar

The functionality of Bitcoin depends upon miners who contribute to the system. The miners use computers to complete complex calculations which build blocks on the block chain. The miners are paid Bitcoin when a block is completed. Without miners, the block chain would cease to operate and transactions would grind to a halt.

As a result, it is unclear how the Federal Reserve Bank will operate their digital dollar currency wallets using distributed ledger technology. The new system will likely be a simple, centralized network that does not use the proof of work model of solving equations like Bitcoin.

American Universal Basic Income

There’s a concern among some that digital dollar currency wallets will lead to the formation of a welfare state in the United States. Moreover, if the Federal Reserve Bank has the ability to print currency to no end, creating money out of thin air, then why not give some directly to citizens?

“Universal basic income (UBI) is a government program in which every adult citizen receives a set amount of money on a regular basis. The goals of a basic income system are to alleviate poverty and replace other need-based social programs that potentially require greater bureaucratic involvement.” – –Investopedia, Universal Basic Income

By creating a special bank account or digital dollar currency wallet for American Citizens, the Federal Reserve Bank opens the door to the welfare state and to collective control of its citizens. This kind of quid pro quo banking keeps the masses under the thumb of government.

Money Management for Teens

The New American Socialism: Universal Basic Income

43% of Americans Believe Socialism is a Good Thing

Providing Americans a digital dollar currency wallet is a form of socialism. Historically, America has been a population that embraced capitalism and entrepreneurship. However, beliefs in the 21st century appear to be changing. In fact, Americans may be approaching a tipping point regarding the adoption of socialism.

According to a 2019 Gallup Poll, 43% of Americans believe that socialism is a good thing. In contrast, only 25% of Americans supported socialism in 1942. Clearly, Americans have shifted to believe that socialism is a positive thing.

The socialist idea of a universal basic income has become a mainstream political issue in 2020. Andrew Yang, an American entrepreneur, ran as a presidential candidate in the 2020 Democratic primaries. One of the policies of his political platform was to create a universal basic income for Americans. He called it the “Freedom Dividend” in which every American would receive $1,000 each month. This idea was wildly popular among many younger voters.

Digital dollar currency wallet: Coming Soon

Originally, the Fed’s new digital dollar currency wallet was planned to be introduced in late 2020 by the Federal Reserve Bank. However, things are running behind schedule. Many believe that sometime in 2021, everyone in the United States may have a digital dollar currency wallet.

“All Federal reserve banks shall, not later than January 1, 2021, make digital wallets available to all residents and citizens of the United States” Website for the United States Congress, S.3571

Read More:

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Disclaimer:

It is important to note that Piggy Bank Coins does not provide financial advice. We don’t endorse or recommend any financial investments. Instead, we provide information for educational purposes to those seeking knowledge regarding personal finance. However, in the spirit of transparency, note that the author is an investor in cryptocurrencies, precious metals and some equities.

In addition, The Federal Trade Commission (FTC) requires that Piggy Bank Coins disclose to readers that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.

Categories
Cryptocurrency

Ether Price Prediction

We will discuss the Ethereum project and provide a fresh Ether price prediction for 2021 and why Ethereum is important to our financial future. In addition, we will explain what Ethereum is, what it does and why many are bullish in the long term on it as an investment.

What is Ethereum and Ether?

Ethereum is a Block Chain Project That Uses Smart Contracts to Power Other Projects

The Ethereum project is an open-source, decentralized block chain project. Ethereum is the creator of smart contracts. It provides open access to money, via the Ether cryptocurrency coin (ETH), and technology, exemplified by the thousands of applications that are operating on the Ethereum network. The ETH coin of Ethereum is second only to bitcoin in market capitalization.

Like Bitcoin, Ethereum is a Proof of Work consensus system. This means that powerful computers all over the world are continuously solving complexed equations in order to build blocks on the Ethereum block chain. Whichever machine or miner solves the problem quickest, completes the block and receives a reward as payment: ETH coin.

Ethereum Smart Contracts

Although Ethereum shares some features with Bitcoin, such as being able to make peer-to-peer transactions, they serve different purposes and audiences. Bitcoin was the original decentralized payment system that didn’t require a bank to conduct payments. Although Ethereum is used for payment, its primary purpose is to serve as the core block chain for new projects.

Ethereum is a payment system that integrates ETH. However, it goes one step further by implementing smart contracts. It allows new projects to run on top of the Ethereum block chain. For example, in November 2017 “CryptoKitties” was launched on Ethereum. CryptoKitties was a digital trading app of virtual felines. Ethereum has always been a top 10 cryptocurrency.

You can learn more about Ethereum in our article entitled, The Fastest Growing Cryptocurrency.”

Ethereum Smart Contracts

Using block chain technology, the Ethereum Network of nodes is a true peer-to-peer world-wide network. Smart contracts are implemented using the Ethereum Virtual Machine (EVM), a specialized computer code that executes instructions in a decentralized, secure manner. While running contracts, Ethereum uses its own internal pricing fee, which is paid in Gas (GAS).

How Ethereum is Different from Bitcoin

When Bitcoin was introduced to the world in 2009, it was created to be a decentralized, peer-to-peer payment system. Bitcoin was essentially digital internet cash. Both Ethereum and Bitcoin use block chain technology and a proof of work system. However, Ethereum is used not only as a payment system using Ether (ETH), but it goes one step further by implementing smart contracts and allowing whole new projects to run on top of the Ethereum block chain. For example, in November 2017, the decentralized application (DApps) “CryptoKitties”, a digital collecting and trading app of virtual felines, was launched using Ethereum. Overall, CryptoKitties was a success, but also showed that Ethereum had more growing to do. In addition, these early DApps demonstrated real use cases for Ethereum, which changed the future of Ethereum in a big way.

Ethereum 2021 and Beyond

Fast forward to the cryptocurrency scene of today. Despite a market collapse store of 2018-2019, Ethereum has continued to grow rapidly. There are several hundred thousand developers actively working on the Ethereum block chain and related projects in different capacities. Currently there are over 600 DApps successfully operating on the Ethereum block chain network. And with so many big players involved and future growth assured, Ethereum promises to be exciting to watch in the future. Clearly, each new DApp increases the Ether price prediction expected from investors and crypto experts.

Ethereum Doesn’t Compete with Bitcoin

Although Ethereum shares some features with Bitcoin, such as being able to make peer-to-peer transactions, they serve different purposes and audiences. Bitcoin was the original decentralized payment system that didn’t require a middleman bank to conduct payments. But, although Ethereum is used for payment sometimes, its primary purpose is to serve as the core block chain on which newer projects operate.

Ethereum Adoption is Growing Rapidly

There are a couple of things to understand about the Ether price prediction and its growth. First, Ethereum is growing in popularity and use worldwide. It is being rapidly adopted by smart contract users who require it for blockchain projects. Second, Ethereum is growing in price. There are many other known examples of institutional investors who have begun investing in Ethereum. With traditional banking and financial systems beginning to crumble, smart investors are beginning to look for a new, safer place to secure their investment.

Pros of Owning Cryptocurrency

Owning Cryptocurrencies May Save A Failing System

Owning cryptocurrencies requires that you have a future vision that is radically different than our current banking system. In addition, cryptocurrency and the Ether price prediction are inherently risky and volatile for investors. However, many believe that cryptocurrency investment is a vote for monetary freedom and independence from governments.

Currently, many countries throughout the world are struggling with debt. As sovereign debt climbs higher in the United States, there doesn’t appear to be an effort to keep the financial system from boiling over. In addition, inflation for many people has become a problem and prices are going higher. Many investors are looking for an alternative investment from an overpriced stock market and real estate market. Cryptocurrency may be a safer place to invest and the Ether price prediction is positive at this time.

Ether Price Prediction: Potential Investments for 2021

In early 2021, Bitcoin is trading around $60,000 per coin. There are many analysts who are estimating an even higher Ether price prediction for BTC, even as high as 6-figures in late 2021. But even more importantly, Bitcoin and other cryptocurrency may break the banking chains that imprison us today. And it’s no longer a conspiracy theory to discuss cryptocurrency. Respected investors are taking it seriously like never before and the Ether price prediction is looking bright.

Future Ether Price Prediction

Reputable Investors Foresee Exponential Growth in Bitcoin and Ethereum Markets

It seems clear that in 2021, Bitcoin and Ethereum have begun the next phase of expansion and adoption. As a result, the price of both cryptocurrencies will likely go much, much higher. In addition, these may be the best cryptocurrency to buy in 2021. However, there are other good choices as well.

Ether Price Prediction: $35,000?

As for Ethereum, investors are optimistic about the Ether price prediction as well. Because Ethereum’s market capitalization is only $300 Billion, there is a lot of room for growth. Continual adoption of Ethereum by institutional investors could easily lead to a $600-900 Billion market capitalization, equating to a $5,000-7,500 ETH price. Investors such as Nigel Green and Blockfyre co-founder Simon Dedic predicted much higher prices ($2,500 – $9,000) for Ethereum in the future.

Several of the investors mentioned are worth Billions cumulatively and have a clear track record of investing in markets. They have been advising investors of which is the best cryptocurrency to buy for years. As a result, their predictions are very serious.

In January 2018, Ethereum rose above $1,200, which was the all-time high for the token. As of the writing of this article, Ethereum has reached $2,500. With Bitcoin nearing its all-time high of around $60,000, there’s no reason to think that Ethereum can’t do the same in the near future. As a result, the next target for Ethereum is probably $3,000 and it will likely happen later this year.

Prime XBT: $35,000

In an article written in November 2020 by Prime XBT, Ether price is predicted to exceed $750 by the end of 2020, which so far is correct. They go on to predict that Ethereum will likely approach $1,400 in 2021-2022. They subsequently predict a price of $35,000 Ethereum by 2025!

Simon Dedic: $9,000

Another cryptocurrency expert who has been in the space since the early days is Simon Dedic. Simon presented at the first Bitcoin conference and has been a Bitcoin hodler for a very long time. He also wrote the first book related to Bitcoin. Many people have made their Ether price prediction, but when Simon speaks, smart people listen. He’s on record saying that Ethereum will reach approximately $9,000 someday.

Other Notable Ether Price Predictions

James Todaro believe that Ethereum will have a $1 Trillion market cap (this equates to $8,900 Ethereum)

Crypto Research Report predicts that Ethereum will reach almost $3,500 by end of 2025

CoinSwitch predicts that Ethereum will rise to $3,800 by 2025

Crypto Rating estimates that Ethereum will reach almost $11,000 by end of 2025

PBC Ether Price Prediction

$3,000 – $9,000 Price Range for Ethereum Based on Gold Market Capitalization

It seems clear that in 2021, Ethereum has begun its next phase of expansion and adoption. As a result, Ethereum’s price will likely go much, much higher. We at Piggy Bank Coins believe the future is bright for Ethereum. We have made a clear case that Ethereum is a strong store of value, a deflationary asset with limited supply, strong security and a growing network of users.

Historically, Ether price has fluctuated, which hurt its reputation. However, Ether price has stabilized over the past 2 years. As the world economy stumbles through a massive recession and the US Dollar struggles to maintain relevance in a changing world economy, Ethereum may be the answer.

Future Ethereum Market Capitalization $600 Billion is Reasonable

According to the Visual Capitalist, the world gold market is valued at approximately $10.8 Trillion. Less than half of the value is in jewelry. Therefore, we can assume that gold, the world’s favorite “store of value,” is a $5 Trillion market. Ethereum has a market cap value of only $300 Billion (6% of gold’s value). Imagine what Ethereum will be valued at when it begins to realize its place as the digital silver to Bitcoin as Gold. An Ethereum with a market capitalization of $600 Billion is not beyond reasonable calculation for our Ether price prediction.

A Ethereum market capitalization of $600 Billion equates to $5,000 Ethereum, priced in US Dollars. Pricing Ethereum in this range does not require much imagination. In addition, we have not factored in price impacts such as US Dollar devaluation/failure, other money supplies moving to Ethereum (M1, M1, M3, etc.), institutional adoption, and so much more. The Ethereum sleeping giant has awakened. Are you ready?

Ethereum Exchanges and More Information

Hopefully this article has helped you make a better decision about cryptocurrency investment and our Ether price prediction. There are many exchanges that can be used to purchase cryptocurrency. Binance, Gemini, Kraken, Coinbase and so many more. Please do your research if you decide to invest. Finally, our Ether price prediction is simply a guess and anything is possible. There are many scams in the crypto industry that are searching for an easy mark. If you want to learn more about Bitcoin and cryptocurrency, there are more articles by Piggy Bank Coins below.

Read More:

Best Cryptocurrency Wallet in 2020.

Bitcoin

Best Cryptocurrency

Prediction of Bitcoin Price

The Fastest Growing Cryptocurrency

Top 10 Cryptocurrency

How to Become a Millionaire from Nothing

One World Currency

Cardano ADA News

Disclaimer

It is important to note that Piggy Bank Coins does not provide financial advice. We don’t endorse or recommend any financial investments. Instead, we provide information for educational purposes to those seeking knowledge regarding personal finance. However, in the spirit of transparency, note that the author is an investor in cryptocurrencies, precious metals and some equities.

In addition, The Federal Trade Commission (FTC) requires that Piggy Bank Coins disclose to readers that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. Moreover, we try our best to keep things fair and balanced, in order to help you make the best choice for you.