Graham Stephan: ETH will rise

Said on Jan 15, 2018, at 5:04 in the video.

What was said
Graham Stephan

@grahamstephan

“I think we're going to see some promising growth over the long term and I'm sure we can see some really great altcoins truly be contenders of Bitcoin and Litecoin and Ethereum.”
Watch at 5:04My concern with the current Altcoin market (be careful)
PredictionETHwill riseChecked at fixed windows, from 30 days to 5 years

Recorded as altcoins, a word for a group: this call is judged on ETH, the stand-in the method assigns to it.

What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$1,271

Jan 15, 2018

Price at close

$118.95

Jan 15, 2019

Return

−90.6%

S&P 500 −4.2%

ETH closed at $1,271 on Jan 15, 2018. On Jan 15, 2019 it closed at $118.95, a return of −90.6%. SPY returned −4.2% over the same window. The call was that it would rise.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

The window it was checked over

ETHWindow checked
$0$500$1,000$1,500Aug 2017Dec 2017Apr 2018Jul 2018Nov 2018Mar 2019Said on Jan 15, 2018
$0$500$1,000$1,500Aug 2017Feb 2018Sep 2018Mar 2019Said on Jan 15, 2018

ETH closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-DIR v4Incorrect$1,271Jan 15, 2018$919.09Feb 14, 2018−27.7%S&P 500 −2.7%
90 daysR-DIR v4Incorrect$1,271Jan 15, 2018$533.88Apr 15, 2018−58.0%S&P 500 −3.9%
180 daysR-DIR v4Incorrect$1,271Jan 15, 2018$433.19Jul 14, 2018−65.9%S&P 500 +1.8%
1 yearR-DIR v4Incorrect$1,271Jan 15, 2018$118.95Jan 15, 2019−90.6%S&P 500 −4.2%
3 yearsR-DIR v4Incorrect$1,271Jan 15, 2018$1,232Jan 14, 2021−3.1%S&P 500 +44.5%
5 yearsR-DIR v4Correct$1,271Jan 15, 2018$1,550Jan 14, 2023+21.9%S&P 500 +56.7%
Why: 30 days

ETH closed at $1,271 on Jan 15, 2018. On Feb 14, 2018 it closed at $919.09, a return of −27.7%. SPY returned −2.7% over the same window. The call was that it would rise.

Why: 90 days

ETH closed at $1,271 on Jan 15, 2018. On Apr 15, 2018 it closed at $533.88, a return of −58.0%. SPY returned −3.9% over the same window. The call was that it would rise.

Why: 180 days

ETH closed at $1,271 on Jan 15, 2018. On Jul 14, 2018 it closed at $433.19, a return of −65.9%. SPY returned +1.8% over the same window. The call was that it would rise.

Why: 1 year

ETH closed at $1,271 on Jan 15, 2018. On Jan 15, 2019 it closed at $118.95, a return of −90.6%. SPY returned −4.2% over the same window. The call was that it would rise.

Why: 3 years

ETH closed at $1,271 on Jan 15, 2018. On Jan 14, 2021 it closed at $1,232, a return of −3.1%. SPY returned +44.5% over the same window. The call was that it would rise.

Why: 5 years

ETH closed at $1,271 on Jan 15, 2018. On Jan 14, 2023 it closed at $1,550, a return of +21.9%. SPY returned +56.7% over the same window. The call was that it would rise.

What was said around it

forward. Now, I just want to make this very clear. I do not know it all when it comes to cryptocurrency. I've said it before and I've said it again. There are other channels that are way more technically knowledgeable about the subject than I am. However, my strength and interest is in growing wealth and investing. Now, while I know some markets like real estate better than others, I feel like I know enough about this to see that the current state of this market is just unsustainable. Now, don't get me wrong. I think we're going to see some promising growth over the long term and I'm sure we can see some really great altcoins truly be contenders of Bitcoin and Litecoin and Ethereum. And I actually think altcoins in general have a lot of potential and I think we're just in the infancy stage of all of this. But it's just the current state of this that I can't see being sustainable in the long term. And I don't consider this like spreading fud or anything like that. I figured like this is just common sense. There's no way many of these coins can sustain that type of just moon-like growth over and over and over again where you can profit consistently from it unless you're lucky, unless your

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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