BlockBeats News, December 11 — Tom Lee, Chairman of Ethereum Treasury Company BitMine, stated in the latest podcast Altcoin Daily that the current price of Ethereum does not reflect what happened today, but rather the future. So don’t expect it to rise every day; you need to bet on the “super cycle.” Tom Lee believes that the biggest misconception is: even if you discount the future EQM to $5,000 or even $3,000, the end price of Ethereum ten years from now could still be $100,000. “This small price difference today is just a tiny fluctuation in the discount rate.” But everyone wants instant gratification — press the buy button and make money the next day; if it doesn’t rise, “this coin is a scam.” They think they can press the button 1,000 times and win 1,005 times, but in reality, no one can do that. Therefore, what most people truly need to do is recognize that the “tokenization” is a super narrative spanning 5–10 years. Ten years from now, Ethereum will be a completely different massive chain. Today’s price is like looking ten years into the future through a telescope — the target is 1,000 miles away, you’ve only taken five steps, so you are still in the “future.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Vitalik: Security and user experience are not separate domains; the goal is to minimize intent deviations and system behavior discrepancies.
Vitalik Buterin emphasized on Farcaster that security is closely related to user experience, with the goal of reducing deviations between user intent and system behavior. Perfect security is difficult to achieve because user intent is complex and hard to clearly express. An excellent security solution should express intent through multiple methods and execute when aligned to reduce risk, while also utilizing LLMs as a supplementary tool for intent simulation.
GateNewsBot1h ago
Bitcoin falls to 65K, Brother Ma is liquidated again
Bitcoin suddenly dropped over 4% this morning, falling from 67.5K to 65K, facing a defense battle. Brother Ma's ETH and BTC long positions were forcibly liquidated, resulting in losses of over $28.8 million, but he has re-entered a long position with 25x leverage on 1,700 ETH. Meanwhile, the Taiwan stock market surged at the opening, breaking through 40,000 points.
ChainNewsAbmedia1h ago
Vitalik proposes introducing a transaction simulation mechanism to improve the security and user experience of Ethereum
ChainCatcher reports that, according to Cointelegraph, Ethereum co-founder Vitalik Buterin posted on X on Sunday, suggesting the introduction of mechanisms like "transaction simulation" to improve the security and user experience of Ethereum wallets and smart contracts.
GateNewsBot1h ago
ETH drops below 1850 USDT
Gate News bot message, Gate market display, ETH drops below 1850 USDT, current price 1848.55 USDT.
CryptoRadar1h ago
An address panic-sold 3,313 ETH 15 minutes ago, reducing profits to $338,000
Addresses holding ETH for over 2 years have recently panic-sold 3,313 ETH, with profits shrinking to $338,000. Previously, they had an unrealized profit of over $19.96 million but did not reduce their position. Over the past few months, this address accumulated 6,569.27 ETH, and the remaining position cost is now close to that amount.
GateNewsBot1h ago
