[rudiger]

Supply and demand.

There is no limit on the supply of ETH, whereas there will only ever be 21 million bitcoins in existence.

It doesn't make sense to speculate on the price of ETH, because it's never going to be scarce. Even the current price of ETH makes no sense, except you need it to buy into ICOs.

[bfrog]

Kind of like there will only ever be 1 million pixels http://www.milliondollarhomepage.com/

I'm just a tiny bit bearish on digital currency.

[victorquinn]

"It doesn't make sense to speculate on the price of ETH, because it's never going to be scarce."

This is totally not true. I hate seeing people post FUD like this about ETH. It does not grow unbounded.

Here's a post from Vitalik himself describing it in more detail

https://www.reddit.com/r/ethereum/comments/5izcf5/lets_talk_...

[RaleyField]

> I hate seeing people post FUD

I hate people accusing others of spreading FUD. What happened to people being simply mistaken? Do you have any proof his or her ill intent?

[victorquinn]

Fair point but when someone says "X will never ..." as a justification for it not meeting that qualification and there being no evidence that their assertion is true, there is either (a) a fundamental misunderstanding of X or (b) malicious intent.

I don't think suggesting FUD is explicitly saying that (b) is present, it could well be (a) but if that's the case it is still harmful and one can spread FUD without the malice. But it is reckless and irresponsible to state something which is simply not true as if it were fact. This is a problem in our current world and one which has run rampant and I think it is necessary, particularly in forums such as this, to question the assertion of unverified facts.

[fishnbits]

Actually when proof of stake hits, ethereum's supply will actually decrease. Buterin has stated multiple times and also said the total supply will be around 100,000,000.