- Joined
- Mar 26, 2003
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Some people believe it, if not most Bitcoiners. I'm not sure what the BTC price will be, but I think the ETH/BTC ratio will improve as ETH proves its utility across different applications, which means a lower BTC price comparatively. Obviously, I think ETH is severely mispriced/undervalued, but who knows? I've been in profit for a long time, out of profit occasionally, but as most of us do, I'm betting number goes up as time goes on.
Completely guessing, but I think ETH/BTC will be 0.025 -> 0.08 (at least). At 40k ETH (hopium), one BTC would be $500,000. Doesn't seem that far-fetched to me, but I'm heavily biased. Before I get dunked on by the SDN lifers, I do everything else traditionally (max out 401k, several months liquid savings, zero high-interest debt, tax-advantaged accounts, 90/10 VTI/VXUS, etc.) and am otherwise of the Bogleheads mindset, except for this high-risk/high-reward allocation which has grown quite a bit. I'm still young-ish with a decent salary so can afford the risk to shave off my full-time working years down the road.
It might finally time for ETH to move. Hopefully moves more on the ETHBTC pair than the ETHUSD.