Ethereum Reaches an Incredible New High!

Updated on January 8, 2018
Guckenberger profile image

Alex has been an investor for years now. He has investments in the stock market, cryptocurrencies, bonds, and the United States Treasury.

A Huge Altcoin

Along with Bitcoin, Ripple, and Litecoin - Ethereum is certainly one of the biggest names in the world of electronic monetary items. After Bitcoin's drastic increase, I wasn't expecting to observe anything drastic to happen with the Ethereum coin. However, I am very glad that I invested! Here's why;

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A New High

Last week (the first week of 2018), Ethereum achieved a value greater than 1,000 United States dollars (USD) per Ethereum (ETH) coin. The last time I checked, the cryptocurrency was worth more than 1,100 USD per coin!

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The Bigger Picture

Let's put all of that information into perspective. At the time of the initiation of the Gregorian year of 2017, one Ethereum coin was only priced at less than nine USD. Solely in the last 30 days, ETH has had an increase of nearly 150%. In case anyone was wondering - that's a lot!

Going On Up

I will, here, place the synthesis of additional observations concerning these matters. Bitcoin, Bitcoin Cash, and Litecoin have seen a great many large decreases in their worth in recent times. However, Ethereum seems to be the one large electronic currency which, in comparison, has a better consistency in its uphill climb.

Who Knows?

That is not to say that ETH coin will not possess a giant decline in value in the future. I do not claim to give any absolute monetary statements about the future. Still, I remain very optimistic and for good reasons!

Do you own any Ethereum coins?

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Final Speculations

ETH has definitely had its ups and downs. Regardless, I see an overall increase in cost. That being stated, I feel as though ETH values should pursue in its escalation upwards with enough time, but who knows what the future may or may not hold?

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© 2018 Alexander James Guckenberger

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    • Guckenberger profile imageAUTHOR

      Alexander James Guckenberger 

      6 months ago from Maryland, United States of America

      I am glad to have introduced you then! :D

    • aesta1 profile image

      Mary Norton 

      6 months ago from Ontario, Canada

      I don't know much about cryptocurrency but I try to learn more now. This is the first time I've heard of ethereum.

    • Guckenberger profile imageAUTHOR

      Alexander James Guckenberger 

      6 months ago from Maryland, United States of America

      I disagree, but find the way by which you think to be very clever. :)

    • The0NatureBoy profile image

      Elijah A Alexander Jr 

      6 months ago from Washington DC

      That's a misunderstanding. We are about to enter Isaiah 2:2-4's world peace for sealing (Rev. 7:1-9) the survivors of civilization or the 5 virgins (% of earth's population) who enters Armageddon while the "battle of that great day of god almighty" terminates every man on earth by CE year 2028.

      Based on Rev. 13:5, Obama was the 42 month (president) since the 22nd and 24th presidents were the same person and William Henry Harrison discarnated before doing anything except take the oath, so Trump will have to leave office any day now so the "Son of Man" can replace him (Rev. 12:5) and establish it. See my hub "Revelation Chapter Twelve".

    • Guckenberger profile imageAUTHOR

      Alexander James Guckenberger 

      6 months ago from Maryland, United States of America

      Elijah, I am to understand that the application of money is good practice for the work we will do in the Kingdoms.

    • The0NatureBoy profile image

      Elijah A Alexander Jr 

      6 months ago from Washington DC

      Being an ecologist I don't see the need of owning any type of money except what it takes to sustain one's self in the present.

      My world vision is no form of money will have any value shortly after the "son of man" rises to control the world's nations with the "Rod of Iron" (Revelation 12:5). Of course, it is written no one knows the day nor hour that is supposed to happen but I am learning to live ecologically to be prepared for that day.

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