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How far will Ethereum reach in the next bull market? Why
How far will Ethereum reach in the next bull market? Why?
My personal opinion is that if BTC reaches 100,000 dollars, ether may reach 6-7,000 at most.
The reason is that the current price is 36,000+, and the market value of the pie is 770.7+ billion. The current price of Ether is 1,960+, and the market value is 2,308+. If we look at it based on linear growth, we can roughly estimate that the pie is worth 100,000 dollars. The market value is 2312.1+ billion market value. If it is not too rigorous, according to the current price market value ratio, the result of 2308/7707 x23121 concludes that the market value of Ether may be 692.4 billion, which is almost three times the current price, so the price It is roughly 5880 (the reason why I mentioned 6-7000 earlier is that even some good benefits have been pulled upwards). From this point of view, if we want the upcoming bull market to make more profit from Ether than Bitcoin (buying a Bitcoin now is calculated as 36,000) , you can buy 18 ether), the result of 18*6000 is 108000, and the bit is 100000. In this case, the final profit will be greater than buying the bit at this time, so the question is, how much do you think the ether will reach in the next bull market? Why? If you had $36,000 now, would you buy bits or ether?
Finally, I would like to say that my personal knowledge is limited, and I hope to get the opportunity to communicate and discuss the mistakes and deviations. If there are mistakes in the middle, I also look forward to the exchanges and corrections from the big guys and passing friends. I am all ears and study with concentration.
How far will Ethereum reach in the next bull market? Why?
My personal opinion is that if BTC reaches 100,000 dollars, ether may reach 6-7,000 at most.
The reason is that the current price is 36,000+, and the market value of the pie is 770.7+ billion. The current price of Ether is 1,960+, and the market value is 2,308+. If we look at it based on linear growth, we can roughly estimate that the pie is worth 100,000 dollars. The market value is 2312.1+ billion market value. If it is not too rigorous, according to the current price market value ratio, the result of 2308/7707 x23121 concludes that the market value of Ether may be 692.4 billion, which is almost three times the current price, so the price It is roughly 5880 (the reason why I mentioned 6-7000 earlier is that even some good benefits have been pulled upwards). From this point of view, if we want the upcoming bull market to make more profit from Ether than Bitcoin (buying a Bitcoin now is calculated as 36,000) , you can buy 18 ether), the result of 18*6000 is 108000, and the bit is 100000. In this case, the final profit will be greater than buying the bit at this time, so the question is, how much do you think the ether will reach in the next bull market? Why? If you had $36,000 now, would you buy bits or ether?
Finally, I would like to say that my personal knowledge is limited, and I hope to get the opportunity to communicate and discuss the mistakes and deviations. If there are mistakes in the middle, I also look forward to the exchanges and corrections from the big guys and passing friends. I am all ears and study with concentration.
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To be honest, February is over in two days, and I know many of you are happy. Just ask, what can I buy next month to extend this happiness 🙂 #BTC #Ethereum(ETH)
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A brief tutorial on compliant withdrawal channels for mainland users
1. Path:
USDT/USDC -> Compliance Exchange Kraken -> Compliance Exchange Platform Wise -> Alipay/Bank
2. Required materials:
1. Passport;
2. ID card; 3. Proof of address; 4. Tax records; 5. Labor contract; 6. Recent photos
The more difficult thing may be proof of address. If you have a credit card, it’s easier. If not, just ask the neighborhood/village committee to get a stamped proof of residence.
3. Approximate steps:
(1) Create a Kraken account and complete identity authentication until you can recharge USDT/USDC to the balance. You will know the actual operation of the process. As long as you prepare the above materials, it is not difficult, just a little troublesome.
USDT/USDC -> Compliance Exchange Kraken -> Compliance Exchange Platform Wise -> Alipay/Bank
2. Required materials:
1. Passport;
2. ID card; 3. Proof of address; 4. Tax records; 5. Labor contract; 6. Recent photos
The more difficult thing may be proof of address. If you have a credit card, it’s easier. If not, just ask the neighborhood/village committee to get a stamped proof of residence.
3. Approximate steps:
(1) Create a Kraken account and complete identity authentication until you can recharge USDT/USDC to the balance. You will know the actual operation of the process. As long as you prepare the above materials, it is not difficult, just a little troublesome.
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