Bitcoin Forum

what you think about constantinople fork? its coming in 1 day.

here is 2 fact :

1 - new ETH will 2 in per block, this is good. (circulation suply will grow less then now)
2 - (PoS)  algorithm.  i think SEC and PoS arenot friends :)

your predict about 2019 and ETHEREUM :)

Going by multiple news channels, this "Constantinople"  fork/upgrade has been postponed to next week due to a security hole discovery. That is the reason for today's ETH selloff. Hope to see it go smooth next week.

@StarkInternational. Bad for the miners. The developers have the miners' income decreased by 33%. I reckon changes such as monetary policy must have consensus within the community and not imposed by developers.

@Dragonrage201. The hardfork will begin on January 17, only a 1 day delay.

It's delayed mate.

I'm not sure what will be the effect of it if it has been launched soon. But everyone has the same opinion that it will trigger the 'price' up.

I think since this would decrease the rewards for miners, it is more prone to 51% attack just like what Ethereum Classic experienced recently?
This is just a speculation on "what if's"

Link to follow : https://bitcoinexchangeguide.com/after-51-attack-high-transaction-fees-on-ethereum-classic-keep-investors-cautious/

Anyways, since the fork is coming up (but a little bit delayed), I think this could help increase the demand for ETH to receive the forked coin.

The emergence of a new pump causes a serious frenzy, have many really dropped the ether, only because of the investment or is there another reason justified by a decrease in the ether after the appearance of the fork.

Ethereum was criticized by the community for delaying so long in releasing technology updates. According to many community members, the other blockchain shifts Ethereum because of the slow development. For some people this is a good development of blockchain technology especially because now rival ethereum like stellar and tron are starting to grow, hopefully prices after hardfork don't drop dramatically

The said forked, has been postponed just now, due to some reason and speculation of attacks. and i would definitely assume that after it happen, it can stabilize the state of eth wherein we already knew that last year was the worst year of ETH coin, i am still hoping for the best after the fork.

It is meaningless to predict the Ethereum in 2019. In fact, Bitcoin is the vane of the cryptocurrency market. But I don't think the cryptocurrency market will be optimistic in the short term, maybe Bitcoin will return to $2,000.

Postponing the Constantinople hardfork/network update has been a wise and diligent move. SEC may not like PoS algorithms but it doesn't have to worry Ethereum devs.

It doesn't make sense to see if POS are not friends with SEC. SEC is only aiming the utility usage of coin and SEC never care so much about which consensus that used by a platform just like ethereum.
Less inflation that will make sure the price can go even higher.

something good will happen, there will be a very positive change for the development of ethereum but in terms of price I'm not sure the price will increase too much, although ethereum has made hardfork

If ethereum fork "constantinople" is an upgrade of eth, then it must be good. Ethereum will fly high but let's be patient when it will come. If you are hoping that eth will surpass bitcoin because of this upgrade, I do not believe so. Because bitcoin is still the king and it will forever be until cryptocurrency is here.

1. i don't know what you mean by this! but if you meant ETH will split into two "chains" then that is a highly likely outcome of this hard fork. but you have to know that it will double the coins not your money, the total value will probably be a lot less than the current price.

2. no, SEC doesn't care about PoS or PoW. what they care about is that ETH is centralized and manipulated so much that it has turned into a pump and dump scheme.

Yep, that’s the reason why the price of ETH drops again. I think if we will not see a great improvement with this, the price will go below $100 again. This is more on speculation now and ETH should deliver a good one. Investors still trust this market for sure they are just having a good vacation in the market

i think its will great in longterm, becouse : price is marketcap / circulation suply.  for example : 100 BLN $ in 5 year : price per ethereum will big after constantinople, becouse after now new ETH numbers will only 2 in block. and in future per eth price will big.

i think so.  after this, mining will hard, but i think : if i want secret transactions, i will use for transactions  ETH and not DASH. its oportunity for ETHereum.

As we all know by now, the much awaited Ethereum Constantinople hard fork launch was postponed after ChainSecurity found potential vulnerabilities in the code. According to the audit firm, this vulnerability is a side effect of the new features included. And the core developers were taking every appropriate steps to fix this vulnerability. Though no exact timeline was provided, Constantinople has been delayed for at least next Friday.
With regards to this upgrade, Constantinople is more of a “maintenance and optimization upgrade” to achieve Ethereum’s long term goal of being a scalable network. Taylor Monahan of MyCrypto even said that, “A lot of people will benefit from the improvements (even if they don’t realize it) via cheaper contracts, more efficient opcodes, and opening more possibilities for contract interaction.” Let's all wait and see for ourselves.

An advice for you and everyone reading this. If you want secret transactions you should use Monero not Ethereum. Ethereum is not private.

You can also use Aeon hehehe.

Recently, the developers stated that they found some kind of bug in the code that does not allow them to do the fork in the near future, so we should not expect that the fork will take place as it was previously planned - January 17th. Now it will be transferred for an indefinite time until they eliminate this bug.

Oh, I thought it was done. I'm just too busy on my work doesn't have much time to read. Anyway, we will know what will happen once it is launched and I hope so that it will turn things up and will trigger something big.

Minus security issue which might be faced.  think after this upgrade, eth competitors will have a mountain to climb, alts like ledu based on eth will see growth after this.

Yes, we will know it once it's going to continue again.

Good thing that they've found some security issues before the upgrade commence. Now the devs are into discussions to change the term 'hard fork' into  'upgrade'.

i just hope the hard-fork times will be the hard-fork times successfully. Because our markets have suffered a lot from the economic downturn, traders will not be able to cope with the pressure of ETH failure. Its price will drop below $ 50 and many investors will continue to give up. I just hope the market will get miracles from the whales. :)

Constantinople update should have a positive impact on the price of Ethereum, but one should not expect that its price will start to grow immediately after the update. Reducing the reward for the block in the long term will also improve the situation by reducing the number of newly created coins.

Each hard-fork is a great progression. ETH will certainly not have a great technology like Constantinople offers, but it's still in third place and its price won't change too much. BCH has also argued that it would be easy to die when Bitcoin SV was born but it still proved its strength. ETH is the same and we shouldn't be too worried.

I don't think there will be a separate coin from the unforked chain, at least nothing worthwhile. As far as I'm aware Constantinople is a non-contentious upgrade, so everyone will follow the new chain. There will always be someone who claims to have a viable new coin following any fork, but I can't see any new variant being sustainable.

Without a doubt, the update Constantinople is the next step to the further development of Ethereum. If this update is successful, the price of Ethereum will definitely grow and it will strengthen its position in the crypto world. Especially since Constantinople is only an intermediate update on the way to the main Serenity update.

No more fork coin and any fork coins that declare if that was a part from ethereum constantinople just another shitty scam coin. Look at ETCV and ETN. both are completely scam forks which claimed to be a part ot it.
This is about the protocol update.

I never heard anymore after the recent news about of postponement, I was excited before but now nothing anymore, but I still have the faith that after the upgrade it could be the reason to soar its price value.

Not excited anymore cause it won't give a huge effect on the market, it is just an upgrade to help out from bugs and security reasons. We've undergo that system upgrade before and it won't make help to increase the market but instead, it bring down the price cause some people worried about the after the upgrades.
Yes, it is postpone and I don't hear any pronouncement about new schedule. It might be launch or not.

Ethereum devs are taking a lot of precaution to make this Constantinople hard-fork successful last week they delayed their hard-fork due to security issues. I have not seen issues of SEC with any POS algorithm coin except privacy coins. IMO after the hard-fork price will grow gradually & it will also depend on the users experience/reviews ho faces scalability.

Of course it does have a huge impact on the price of eth . basically the value can pumped up because people will tend to buy more eth because they wanna get more forked coins  . the same happend to btc forks  were both btc and bch got an instant increase   .

Postponed or not , the value of cryptos including eth can still recover in the future  because other good events did not happened yet  .

This trend may have ended and people are no longer interested in new coins at this time because they are suffering huge losses in their assets. I believe that from here until February, ETH will increase very high but then everything will return to the ground because ETH will not have much value anymore.

Correct, I thought it was just a one day delayed, as initially reported. But its worst than expected, so we really need to wait and see how this whole fork will affect the miners and investors as well.

https://blockmanity.com/news/ethereum-developers-decide-to-activate-constantinople-hard-fork-on-february-27th-progpow-could-get-delayed/

So the new date is February 27, Its interesting to note that Feb 27 is the date wherein SEC will have to decide for the last time if Bitcoin ETF proposal by Van Eck/Solid X should be a go or no go.

Take note as well that the miners will received 2 ETH every time they find a new block as compare to 3 ETH prior to the fork, reducing the supply that might affect the price positively.

Delays occur again for various reasons, hardfork ETH canteen in February is still waiting again.
Surely with a better and more useful renewal, the positive impact will be seen.

This fork is more of a feature upgrade and there are going to be no new free coins so should not cause any big pump. However, the ETF approval by Feb 27 deadline by SEC should give a big boost to crypto market.

Just look at whether the ETH price will rise after the Fork. Hopefully this fork will have an impact on Ethereum like what happened to Bitcoin during fork.

Yes, I also hope that this year Ethereum will experience hard fork for safer features and have a positive impact on increasing the price of coins not for the gratified fork that has been talked about by many people.

I think everyone hopes the current fork can bring Ethereum back on track and the price goes up again.

It is indeed not a good news for miners when the block reward decreased from 3 eth to 2 eth. But sometime, an option must be taken to solve other problems. The transition from Pow to PoS algorithm will might bring SEC attention. Whether it will violate the securities law or not, I have not hear any news about it yet.
But I think this upgrade/fork will bring more features, so hopefully will bring good atmosphere as well.

Will POS be already in this update? I thought it will just in  some next and this will be again long path)

Pos coins: Peercoin the first and Blackcoin the first PoW - PoS where are they? Of the hundreds or thousands of them how many can be found at top?

As I understand 2 eth per block will not have an immediate impact but will be in 1.5 years, tell me if I am wrong.
This hardfork may not bring the raise. However, the next one which should be in 2019 also, can introduce us great long waited features.

As far as i know the pos update comes later. This time, only the number of ethereum coins will be reduced. But to stay on topic, my prediction is that it probably comes only to a small increase in the price through the update. I think, only when the final update comes to pos, the price could rise noticeably.

I hope that after constantinople everything in the ETH Blockhain will run smoothly this will be a good news for all ETH holders if this happens.. but I doubt that this will help in boosting the price of ETH in the market because this is only a minor changes and there are still problem with the "ICO's" who are still making exit scams and with this it lessens the investor of ETH and the use of ETH blockchain..

Before it "rise noticeably" it will fall ten times, because they are always late with updates)

Ethereum after Constantinople will be good for the community because there will be a better ethereum platform after it. However, many are speculating or hoping that after the fork the price will shoot up. I am hoping the price will go up because of  a better ethereum platform.

ETH in particular and crypto in general will recover slightly in 2019. That's my thinking.

All will depend from BTC price, if it will be falling all crypto will suffer.

That should be the first step toward POS coin but there was someone who already published about the full requirements to staking our address in the network and the minimum requirements is about 32 ethereum with the lock period up to 132 days after you have sent your ether to the staking address. I hope we will see that next year.

IMHO price of eth will depend more from the quantity of new ICO's on their blockchains. Hope they won't be late with their updates as usual) Thank for info about 32 eth and 132 days, this interesting. But for me is strange that they decide what to do with the blockchain without any voting.

Hope constantinople fork can bring changes to Ethereum. Sopefully the SEC isn't delayed anymore.

The reward per block will decrease, it is something like Bitcoin halving. So yes, we could say that price should go up because less reward in ETH for miners and that means that if ETH wants to attract miners, price of ETH has to rise.

If everything is as planned, then in the near future at least the price should double. In addition, ethereum is aimed at pursuing a policy of not conducting any more hardfork, so that there is only one ethereum coin and that's it.but nevertheless We still need to wait for the updates, which have been postponed not for the first time.

Miners will hate it but PoS will allow for a healthily low levels of inflations in Ethereum, not to mention that staked ethers are not really tradeable, so the float will be lower and any buying pressure will positively influence price more than it does not. I'm bullish.

There has not been any price movements for ethereum because this fork doesn't deliver on fixing all of the weaknesses on the platform. The scalability is the main issue and if not resolved soon people will switch to TRON or EOS

I'm already using NEO and XRP to send money between exchanges because they are faster. So IMHO only way for the eth to start growing is a huge quantity of new ICO on their blockchain.

Correctly they say that the fork will solve little, many have already switched to the ripple, despite its even greater shortcomings or stellar. But while the developers close their eyes, the ether can completely lose its popularity and be an ordinary alt.

There is a lot of eth on the market already, decreasing miners fee can solve this just for a short period of time. Only growing demand from new ICO can push eth price.

The fact is that today ethereum 2.0 is born.  I think that we are at the stage of the beginning of the development of the block chain ethereum and in the near future we will see quite good results. First of all, the ethereum will be scaled, which will affect the speed and number of transactions.

Constantinople is nothing if you compare it with Ethereum 2.0, this will be totally new Ethereum with diffrent blockchain consensus mechanisms that will allow all holders of Ethereum to stake tokens. Ethereum will be much faster, more secure and finally distributed world computer will be launched ;).

It seems to me that right now the team should correctly use small nodes in order to increase the scaling of the block chain. This really will greatly affect the popularity of etherium and its pricing. I think that in the near future we will see the real results of the work of the ethereum team.

The Fork did not happen one day after the posting of this thread but will happen in 3 weeks approximately! So the market is not yet reflecting this expectation, I believe that from the second week we will notice movements in ETH prices. If it succeeds, you can understand there will be a small boom in something PoS. In a way, great players are waiting for this week last week of February and coincidentally, there will be decisions about ETFs and we can not forget that it will be basically the end of winter!

it was not supported by too many communities. because of this it doesnt effect market so much.
in 2020 blockchain fork will make real impact to market.

I think everyone will be very surprised if the update does not lead to an increase in prices, attention to Ethereum from investors is now the maximum, everyone is ready to spend money

The attention of the investors is on  the binance launchpad;) btt gave 10x and there will be more ICOs.  And I would argue about that eth will become more secure with new updates) With every new global updates they losing money every time) Polka Dot, DAO )

I am not sure if the upgrade will have much effect on the price, yes it will shorten the inflationary aspect of ETH, but not sure if moving into POS whereby the big wigs will have so much more ETH in their hands to offload by staking it, if it will really benefit the price in the short term. I think only the Bitcoin halving next year can really lift the market over all and some other important news beneficial to the Crypto markets. As ETH is primarily dumped by all the ICOS as they have to dig into their capital to last, it is a great utility for ETH but also a double edged sword, not sure if an upgrade can sort out this main problem with Ethereum now the love for ICOS has waned drastically.

There are only two options, or it will reduce capitalization and return the ether to third place, or, more likely, a slight decline with a subsequent increase in demand. And this option will strengthen the faith in him and most importantly will give confidence for the update.