Ethereum to Propel Past $3k In Just 6 Months!? Yes!! Here's Why…

Egg yolk Chico Airborne how’s it up in the sky and those stuck on the ground looking to get to the moon here’s the fastest way to get your wings. Shoot still stuck on the ground watch. This content, then cuz it’s time for Chico, Crypto Well, whaddya know Chico called it before.

It happened. With this video published on tuesday, Coinbase and Visa are deepening their relationship after Visa announced a partnership Circle to get their USDC integrated across crypto payment cards.

. This tis very bullish for Ethereum, as this is the first time Visa has opened up their network to a digital currency and, as we know, USDC is built on top of Ethereum., So theETH2 and the beacon chain is running successfully by the way my avado is almost Done video incoming soon .

.. and enterprises are all looking at ETH across the board .... You would think in 2021 the flippening conversation starts once again Flippening. What is that Chico? Well, once long ago, in 2017, Ethereum almost did the unthinkable & amp flipped bitcoin in market cap.

. This was mid ICO hype for Ethereum and mid BTC breakdown and split with Bitcoin Cash .... The perfect storm. There were even websites created back then flippening.watch, which tracked it because everyone thought it was going to happen.

, But it didn’t….ethereum slid and it kept on sliding. Although, since the beginning of 2020, the dominance has started to bubble once again, but there is still an over 50 percent gap between the two.

., So what’s it gonna take for Ethereum to FLIP BTC, And if that happens, what price will Ethereum be? Well 1st things? 1St…Ethereum will not flip bitcoin in bearish downwards markets, the markets will have to be bullish.

... mid 2017 hype when ethereum almost flipped is a pure example of that.. So we are gonna need, bullish, bullish, market movements & amp it’s, already looking like 2021 is going to be providing that type of atmosphere.

, But just like in 2017, ethereum is gonna need something that bitcoin doesn’t, which captures the attention of the markets. 2017. It was ICO hype.. What could it be this time around in 2021? Well, if you have payed a lick of attention to my channel, you already know what it is I’ve been saying it for over a year now and in that time, it’s already had 2 sector pre-pumps to show the world what it was.

I’m talking about. Defi. Decentralized Finance it’s, something that BITCOIN doesn’t have in any robust form, while Ethereum DeFi growth is showing no signs of slowing down.. So let’s just look at our friend Google trends and the term DeFi over the past year, as we can see the Summer DeFi bubble hit, causing increased awareness, but since BITCOIN has taken the limelight, popularity dropped down to lows for the year….

but. As we can see, things are starting to pick up. Now, look at ICO searches in 2016 before the real big hype in 2017. It had a similar mini peak, although in November and then crashed back to lows., But just expand it out ICO we into overdrive through 2017 .

... Will this happen to DeFi in 2021? Me thinks so…. So the competitive landscape of DeFi is once again getting fierce with solutions protocols enhancements coming so frequent, daily ... it’s getting hard to keep up with.

. Although the more that’s built the more use, the more pressure put on the ethereum chain… Here’s. How this next run is gonna go .... The competitive landscape of DeFi will once again get fierce with solutions protocols enhancements coming so frequent daily .

... It might make a newbies head spin ..., but newbie entrance into the markets won’t be like 2017., Although, like 2017, it will come from your typical, app Coinbase, but Now Paypal and the others getting ready to “announce” support .

.. ..unlike last time….the transfer of newbs investors from Just the supported crypto cryptocurrencies in those apps to further trenches of crypto ... will happen in a flash compared with last run.. You already have access to Ethereum and parts of its DeFi on Coinbase, eth 2.

0 staking is coming to Coinbase. Soon & amp. Paypal was able to launch with Ethereum support.. The education is soo much better, even with the crap tubers .... So another DeFi “bubble” won’t shock me as just like ICOs.

We will have more than a few ups and downs throughout the year., Although the pressure of not only retail DeFi on Ethereum mainnet, but also enterprise, is gonna test the protocol, and can it scale, Will once again be a controversial and headlinging topic, although in 2017 The big question was: can Bitcoin scale not ETH.

And Vitalik put out a tweet with an updated roadmap which makes me think yes it’s gonna scale.. He said “The roadmap I made back in March, -- updated -- with very rough and approximate progress bars showing what has been done and some of the recent tweaks to the roadmap.

Itself. A lot has been accomplished, but still a lot remains to be done And he includes the updated ETH2 roadmap and in it are some very interesting things.. First vitalike added another tweet. He said “Oh and algo_class just published his long-awaited EIP 1559 review.

Let's, work hard and get this important economic upgrade into ethereum soon… Economic upgrade. Well, if you didn’t know, this is a burn upgrade where a portion of transaction fee called the base fee will be burned and gone, forever….

effectively, reducing the supply and giving another reason for the flip to happen. And vitalik want’s. This upgrade soon But like chico, does we got ta. Take a wholesome look ... going into the roadmap it’s much more than just an economic upgrade .

... It contributes to a short term. Usability upgrade ... usability. Well, it all goes back to those transaction & amp gas fees. Besides, burning part of the fee, EIP-1559 allows wallets and dapps to reliably ensure that all transactions of its users are included in the blockchain without requiring their customers to pay excessive fees and without the need to develop advanced transaction and prediction.

Algorithms for accurate cost estimation.. It changes the fee market structure, it’s, lowering the costs that us users of the protocol will have to pay by being more efficient.. Ok, that’s good & amp gravy, but with Layer, 2 and optimism won’t.

Those fees already be pretty damn low, As if you go back to the roadmap. It also says this usability relief is coming for layer2 And then also in the roadmap. You see rollups mentioned down the road .

... Are they not going to be fully ready? This quarter, like I predicted, Just support, xdai already ..., But now let’s get into the juicy stuff of this episode. What caught your eye? The price.? This is all theoretical and based on my love of ETH.

They smash the roadmap ... and if bitcoin continues bullish following the 4 year, extended cycle.. So if BTC stayed exactly the same..what, it is today….just above 19k that puts its market cap over 353 billion dollars.

. So we can assume around 115 million ether will be out there in about 6 months If everything goes like 2017 and Ethereum pushes right back to dominating bitcoin. That would put the price per Ether at around 3000 buckeroos.

, But remember that is just if BITCOINs price stays at around 19k it’s current market cap ... that tis most likely not going to happen. What’s going to happen to BITCOINs market cap in the next 6 months.

Double That would put the market cap above 700 billion and each bitcoin just under 40k, And if Ethereum is gonna push up and possibly flip Ether would be pushing 6k per There’s a chance. That happens, but here is my personal thoughts on the matter.

1. Trillion dollar market cap combined - that is what BITCOIN and Ethereum will be fighting over in the first 6 months of 2021., And I foresee bitcoin only slightly dominating this down the road in 6 months, 60 percent of that trillion, which would give bitcoin a 600 billion dollar Market cap .

.. that puts Bitcoin at about 33000 per coin., But that would give ethereum a 400 billion dollar marketcap, which would put Ether at about $ 3500 per coin, and the flippening talk might really begin. Again.

Cheers I’ll see you next time: [ Music, ], hey yolk, chico airborne, how's it up in the sky and those stuck on the ground? Looking to get to the moon here's, the fastest way to get your wings [ Laughter, ] shoot still stuck watch this content, then, because it's time for chico crypto.

Well, what do you know? Chico called it before it happened with this video published on tuesday, and now we know, coinbase and visa are deepening their relationship after visa announced a partnership with circle to get their usdc integrated across crypto payment cards.

This tis very bullish for ethereum, as this is the first time visa has opened up their network to a digital currency and, as we know, usdc is built on top of ethereum. Besides that the eth2 beacon chain it's running successfully and by the way mayavado is almost done, syncing video incoming soon and all the enterprises they are all looking at each across the board.

So you would think in 2021 the flipping conversation would start once again flipping. What is that chico? Well, once long ago, in 2017, ethereum almost did the unthinkable and flip bitcoin and market cap.

This was mid-ico hype for ethereum and mid btc breakdown and split with bitcoin cash. The perfect storm there were even websites created back then flipping dot watch which tracked it because everyone thought it was going to happen, but it didn't, ethereum slid and it kept on sliding.

Although, since the beginning of 2020, the dominance of ethereum has started to bubble once again, but there is still an over 50 percent gap between the two bitcoin and east. So what's it going to take for ethereum to flip all btc, and if that happens, what will the price of ethereum be well first things: first, ethereum will not flip bitcoin in a bearish downwards market, as markets are going to have to be Bullish mid 2017 hype when ethereum almost flipped is a pure example of that.

So we're gonna need bullish, bullish market movements and it's already. Looking like 2021 is going to be providing that type of atmosphere, but just like in 2017, ethereum is going to need something that bitcoin doesn't have, which captures the attention of the markets 2017.

It was ico hype. What could it be? This time around in 2021, well, if you & # 39, ve paid a lick of attention to my channel. You would already know what it is. I've been saying it for over a year now, and in that time it's.

Already had two sector mini pre-pumps to show the world what it was. I'm talking about defy decentralized finance. It's, something that bitcoin doesn't have in any robust form, while ethereum defy growth is showing no signs of slowing down.

So let's. Just look at our best friend google trends and the term defy over the past year, as we can see. The summer d5 bubble hit, causing increased awareness. But since bitcoin has taken the limelight, popularity of d5 dropped down to lows for the year, but as we can see, things are starting to pick up now.

Look at ico searches in 2016 before the real big hype in 2017.. It had a similar mini peak, although in november that month, and then it crashed back to lowe's but then expanded out icos we can see, went into overdrive throughout 2017.

. Will this happen to d5 in 2021? Me thinks so here's. How the next run is going to go. The competitive landscape of d5 will once again get fierce with solutions protocols enhancements coming so frequently daily.

It might make a newbie's head spin, but newbie entrance into the markets won't be like 2017., like 2017. It will come from your typical, app coinbase, but now paypal and the others getting ready to announce support.

Unlike last time, though, the transfer of noob investors from just the supported cryptocurrencies in those apps to the further trenches of crypto will happen in a flash compared with last run. You already have access to ethereum in parts of its defy on coinbase, eth 2.

0 staking is coming to coinbase soon, and paypal was able to launch with ethereum support. The education today is so much better, even with the crap tubers. So another d5 bubble won't shock me as just like icos.

We will have more than a few ups and downs throughout the next year, but the pressure of not only retail defy on ethereum mainnet, but also enterprise d5 is gonna test. The protocol, and can it scale, will once again be a controversial and headlining topic, although in 2017 the big question was, can bitcoin scale, not eth and italic two days ago, put out a tweet with an updated roadmap for eth2, which makes me think yeah it's gonna scale, he said the roadmap i made back in march, updated with very rough and approximate progress bars showing what has been done and some of the recent tweaks to the roadmap itself.

A lot has been accomplished, but still a lot remains to be done and then vitalik said this. Oh and algo class just published his long-awaited eip-1559 review. Let's, work hard and get this important economic upgrade into ethereum soon economic upgrade! Well, if you didn't know, this is the burn upgrade where a portion of the transaction fees called the base fee will be burned and gone forever forever, effectively reducing the supply and it might turn east into a deflationary currency.

Another reason for the flip to happen and vitalik he wants this upgrade soon, but like chico, does we got ta? Take a wholesome look going into the road map. It's much more than just an economic upgrade.

It contributes to a short-term usability, upgrade usability. Well, it all goes back to those gang transaction and gas fees. Besides, burning part of the fee, eip-1559 allows wallets and the d-apps to reliably ensure that all the transactions of the users are included in the blockchain without requiring those users to pay the excessive fees and without the need to develop advanced transaction and prediction.

Algorithms, for accurate cost estimation what that means is it changes the fee market structure it's, lowering the cost that the users of the protocol will have to pay by being way more efficient, okay, that's good and gravy, but with Layer two and optimism, while those fees already be pretty damn low, as if you go back to the road map, it also says the usability relief is coming for layer two and then also in the roadmap.

You see roll-ups mentioned down the road. Are they not going to be fully ready? This quarter, like i predicted, just support x-die already, but now let's, get into the juicy stuff of this episode. What caught your eye, the price? This is all theoretical and based on my love of eth and if they smash the road map and if bitcoin continues bullish following the four year extended cycle btc today, you look at it just above 19k that puts its market cap above 353 billion dollars.

Now, if we assume around 115 million ether will be out there in about six months, if everything goes like 2017 and ethereum pushes right back to dominating bitcoin. That would put the price per ether if it matches its market cap around 3 000 buckaroos per each.

But remember that's, just a bitcoins price stays at around 19k, its current market cap, its current price, and that is most likely not gonna happen. What's gonna happen to bitcoin's market cap in the next six months? Some people think it's gonna double that would put the market cap above 700 billion and each bitcoin just under 40k, and if ethereum is gonna push up and possibly flip ether would be pushing 6k per there's.

A chance that happens a slight one, but here's, my personal thoughts on the matter, one trillion dollars that's, it the market cap combined. That is what bitcoin and ethereum will be fighting over in the first six months of 2021.

, and i foresee bitcoin only slightly dominating this trillion down the road in six months. Sixty percent of that would give bitcoin a 600 billion dollar market cap that puts bitcoin at about 33 000 per coin, but that would give ethereum a 400 billion dollar market cap, which would put ether at about 3 500 per coin.

And the flipping talk might really begin, then cheers i'll, see you next time: [ Music ]! You