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“Here’s Why Ethereum Is About To EXPLODE” Vitalik Buterin Crypto Prediction
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Ethereum is going to EXPLODE over the next 18 months for 3 main reasons. Firstly, following EIP-1559 which introduced the burning mechanism to Ethereum which then later combined with the merge, the Ethereum supply has gone deflationary. On the website ultrasound.money, you can see that even in a bear market, the burning of Ethereum far outpaces the new issuance of Ethereum, leading to a deflationary asset.
Ethereum is coming up to net negative 200,000 Ethereum since the merge, thanks to things like investors trading meme coins such as Pepe. and keep in mind this is during a BEAR market. Imagine what will happen to the supply of Ethereum during a bull market with the amount of Ethereum that is getting burnt.
Secondly, in just under 1 years time we have the Bitcoin halving. Although not directly related to Ether, the bitcoin halving ALWAYS has resounding effects on the entire crypto market and it’s a narrative that will inevitably bring capital flows to Etheruem as well.
Thirdly, in Vitalik’s most recent interview he believes by the end of 2023 Ethereum is going to be essentially finished with roll-ups and layer 2’s and will be much more user friendly in terms of gas fees and user ability.He claims that he wants to be ready for Ethereum to have 500 Million Users before it has 500 million users.
Etheruem currently has around 4 million active users, meaning he is expecting over a 100 fold increase in adoption. Just imagine what this would do for price.
About Vitalik Buterin:
Vitaly Dmitrievich Buterin, better known as Vitalik Buterin, is a Russian-Canadian computer programmer, and founder of Ethereum. Buterin became involved with cryptocurrency early in its inception, co-founding Bitcoin Magazine in 2011.
Credits:
To watch the full unedited interview in which clips are highlighted (and subscribe to a great crypto resource!) Check Out:
The Network State Podcast
Vitalik on Starting New Countries and Improving Yourself | The Network State Podcast with Balaji
#ethereum #crypto #investing
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125 x looooooooooooooooooool
Why this stupid Mystic music ?😅 Vitalik is a genius, not a Guru.
ETH is Trash and scam!!!!!!!!!!
Eth cannot 125x unless we print enough to literally destroy the U.S. dollar entirely
250k 😂😂😂😂😂😂😂😂😂😂
SNEEK. Deals done Free pass. Slow crap POS will die. Needs help from other networks because it's so slow. JUNK.
Crypto investing has brought me great success,Irrespective of the economic depression .
Nope. ETH is going nowhere, as usual. ETH is a scam.
ETH ain't gonna do shit but cost 3,000 dollars for a 5 dollar transaction when it's at max use.. eth is a POS ponzi. If it's not proof of work it's not crypto. If it's not proof of work it's a scam.
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“Fine ass content” indeed!
I like the way you present the ideas of those entrepreneurs, Jamie. Pity, that most of the comments below come apparently from bots … still, looking forward for the next videos
🤣
current banking racked done too. giggle
Prediction: End of 2024, ETH is worth no more than £1,600. And I have ETH.
Yes I love Eth
sharticus
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all in on taraxa now
buy eth and read this
SHIB will make a lot of millionaires if you buy $10,000.00 today
with $1000 you will make $100,000.00
Come on….125X……seriously?
I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far, perfect time to invest.
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating..