"I dont know any good Ethereum developer that isnt a millionaire "
'Aragon is built on-top of Ethereum, and despite the incredible growth, he doesn't think Etheruem is expensive at all:'
"I thought it was expensive one year ago when it was at 13 dollars, but today when I see the possibilities created by the technology I think it's cheap. I believe Ethereum will be worth $1000 in a couple of years."
'He explains his most important reasons why cryptocurrencies aren't a bubble:'
"Compared to the world’s economy, crypto is a tiny drop in a lake, and this lake is a tiny drop in the ocean. The total market capitalization of crypto is $100 billion which is nothing in a macroeconomic perspective. Secondly, crypto hasn’t achieved its promises just yet. When it achieves 10% of what it promised to do, I can't even imagine how crazy that will be."
'One ANT is currently worth 0,01 Ether, which is the equivalent of $2.5 dollars. When the network is up and running by late summer 2017, it will decide what the inflation rate will be.
Right now there's between 3–4000 individuals that own Aragon tokens.'
What is the Aragon for??? a newbie here :)
I'm not very worried about a crypto bubble. Thinking that ethereum will see more massive gains soon I think is kind of foolish as it just had a huge rally, and needs time to consolidate. But long term, $1000 ethereum seems pretty doable if it manages to not get pulled down by some crypto space bullshit.
That's a good point, seems like people who get in on these things early enough, and build off of it are making a lot of money. Cheers