Tom Lee @fundstrat :


Based on the highest BTC/ETH exchange rate of 0.15636, $123,231 of BTC should correspond to $19,268 of ETH.

Then, based on the lowest BTC/ETH exchange rate of 0.00157, the price of BTC should correspond to $12,272,865 for $19,268 of ETH.

Similarly, $12,272,865 of BTC can be calculated using the highest BTC/ETH exchange rate of 0.15636, making it easy to determine a reasonable ETH price of $1,918,985.

With just 10 iterations, the price of 1 $ETH can easily reach $1,192,770,388,270,068,015,287.
BTC-1.7%
ETH1.81%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)