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"Here's Why Ethereum Is About To EXPLODE" Vitalik Buterin Crypto Prediction

by crypetonews
May 14, 2023
in Videos
Reading Time: 2 mins read
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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

source

Tags: binance newsbitcoin newsbitcoin news todaybitcoin prediction for todayButerincryptocrypto analysiscrypto news todaycrypto price predictioncrypto scamsethereumethereum newsEXPLODEquotlatest metaverse newslatest nft projectsmetaverse newsnft news todayPredictionquotHere39sVitalik
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1 Ethereum Won’t Make You Rich! #ethereum

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Comments 23

  1. @maybe985 says:
    2 years ago

    125 x looooooooooooooooooool

    Reply
  2. @adrien0412 says:
    2 years ago

    Why this stupid Mystic music ?😅 Vitalik is a genius, not a Guru.

    Reply
  3. @Trigon-ji9bm says:
    2 years ago

    ETH is Trash and scam!!!!!!!!!!

    Reply
  4. @THE_A.RAVEN1 says:
    2 years ago

    Eth cannot 125x unless we print enough to literally destroy the U.S. dollar entirely

    Reply
  5. @Thunderliner0 says:
    2 years ago

    250k 😂😂😂😂😂😂😂😂😂😂

    Reply
  6. @user-tw8wi9hg1d says:
    2 years ago

    SNEEK. Deals done Free pass. Slow crap POS will die. Needs help from other networks because it's so slow. JUNK.

    Reply
  7. @brittanyjohnson2228 says:
    2 years ago

    Crypto investing has brought me great success,Irrespective of the economic depression .

    Reply
  8. @seansinclair257 says:
    2 years ago

    Nope. ETH is going nowhere, as usual. ETH is a scam.

    Reply
  9. @nighttrain1565 says:
    2 years ago

    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.

    Reply
  10. @reginaldedgardo3530 says:
    2 years ago

    Instead of chasing quick wealth, it is wise to prioritize acquiring a deep understanding of risk management strategies, comprehending the intricacies of market dynamics, and honing the skill of accurately forecasting price movements. By focusing on trading the most liquid currency pairs, you significantly enhance your prospects of achieving consistent profitability. The realm of cryptocurrency trading presents transformative chances, and the invaluable guidance and expertise provided by Eric Birger, a renowned trader, can unlock substantial gains. I have personally witnessed the remarkable value that his insights bring within the crypto market. Embrace the opportunity to learn from Eric Birger's expertise and elevate your trading endeavors to new heights of success.

    Reply
  11. @DLHMedia says:
    2 years ago

    “Fine ass content” indeed!

    Reply
  12. @user-wn4yc4gj2f says:
    2 years ago

    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

    Reply
  13. @matevzdraksler4576 says:
    2 years ago

    🤣

    Reply
  14. @TheLinuxYes says:
    2 years ago

    current banking racked done too. giggle

    Reply
  15. @mer5340 says:
    2 years ago

    Prediction: End of 2024, ETH is worth no more than £1,600. And I have ETH.

    Reply
  16. @khaledaljaiuossi7222 says:
    2 years ago

    Yes I love Eth

    Reply
  17. @newyorkerik says:
    2 years ago

    sharticus

    Reply
  18. @christinelee4931 says:
    2 years ago

    I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Mitchell Anderson.

    Reply
  19. @davidegalva says:
    2 years ago

    all in on taraxa now

    Reply
  20. @OCLandscapingSunrise says:
    2 years ago

    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

    Reply
  21. @Hirthirthirt says:
    2 years ago

    Come on….125X……seriously?

    Reply
  22. @NicholasHill180 says:
    2 years ago

    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.

    Reply
  23. @JamesRichard-zl2fn says:
    2 years ago

    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..

    Reply

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