Bitcoin Forum

What can we expect with ETH hard fork that is scheduled today? It is obviously not birthing a new coin but an upgrade. What I am more curious on is if its going to help the price at least reach $200

This official article has all the details :
https://blog.ethereum.org/2019/02/22/ethereum-constantinople-st-petersburg-upgrade-announcement/

It has already been delayed by a month and should be thoroughly tested by now so no worries. Hope to see Eehereum start rising again after it is done.

I also expect a price increase on charts after the fork. ETH fork will let transactions to speed up and fees will be lower than the previous chain.

Does anyone know if the hardfork will result in another coin which will pay out balances for ETH hodlers?

Thank you so much for sharing the link. I find it very friendly and easy to understand. Informative and I'll share it with some of my friends too. I am looking forward to see improvements on ethereum platform. Hopefully worth every delays.

We hope by eth hardfork could make price is back to higher and always have potential to make eth on higher price later, eth hardfork could really at tomorrow and hope not delay again like last two weeks.

When there's a fork same as what had happened last 2017, we will exactly experience more smooth transactions. This improvements will go beyond limits and eliminates blockchain network issues like delayed transactions. Probability will create more new demands that will help eth community establish a better way of gaining higher profit, and we'll see eth be rising again; soaring better than ever before.

I am worried about this issue and no one could answer me.
There is an option that some miners will not agree with the innovation, and then such an outcome may be possible.
I think that some exchanges deliberately gave us such statements - that they support Constantinople Fork

I don't think any new coins will be forked as a result of the upgrade, though people can choose to do so if they have the will. While it may seem like a giveaway or easy money, forks have a tendency to be damaging in the long run due to the increased supply and confusion they sow. We are better off without forks.

Very true. It saturates the market and makes for a whirlwind of mess. Not to mention all of the confusion and community debate. In the end though hodlers are left with a nice little extra! So it's a double edged sword situation.

Ah, I see. A large group of miners could not agree with the switch and stay on the old protocol, so the Constantinople fork would be forced to become it's own new entity.. Thanks for refreshing my memory on how that works.

It doesn't even increase the market price of ethereum and other altcoins? I think I just let me lose when I buy some ethereum today. I just hope I didn't in order to save my investment rather than to pay transaction fees.

I believe from the last hard fork the market didn't start increasing until after the fork went well. Once the market realizes everything goes well it should rise a bit since there won't be the fear of failure in the fork.

we can expect eth prices to reach $ 200 we have been waiting for this increase to reach years and this is the starting point of the resurrection and hope the hardfork can become an eth support to be able to up.

as i understand, there would be a decrease in the block reward after the hard fork.  that means mining would be harder.  that would probably make the eth price increase.

There is no increase after the news, the rumor is over and we've seen a increase of price already but did not push through $200.
Big upgrade like this will certainly effect the future of ETH, we can see a slowly increase of price and I like to see it consistently, hopefully this price
now will not dump anymore.

there was increase before the hardfork due to rumors and speculations.  but so far there's no increase in the price of eth after hardfork.  maybe the hardfork (constantinople and st peterburg) impact only the miners.  average users won't see any difference in eth uses.  hopefully there would be no selloffs after no increase in price after hardfork. 

Devs will continue develop a new brunch of Ethereum, that will appear after Constantinople hardfork. And the old brunch most likely will be forgotten fast, because for miners it is not interesting to waste their mining power.

Hardwork countdown https://etherscan.io/block/countdown/7280000 (https://etherscan.io/block/countdown/7280000)

So after this hard fork we will have another hard fork which will result in an entirely new ETH chain???

Are you talking as a member of ethereum team or otherwise?

I am talking otherwise. Amalker said "devs will develop a new brunch of ETH that will appear after the constantinople hardfork and the old brunch will be fogotten fast" this reminds me of ETC after ETH forked. If it's going to split into another new coin I would love to stack ETH so I can double up on the split.

can go up can also go down, depending on the fundamentals and reactions of people to the fork itself.
if they think this is a good thing, of course people will give a positive response and make demand go up, and if not the price might drop when the hardfork occurs.
my prediction it will stable, untill bitcoin rise again.

eth fork will not changing anything, if we want market recover, we need bull run for sure.

if price were to get pumped, it would have gotten pumped already. that has been the case with all the hundreds of altcoin hard forks and splits in the past. the pumps start at least 1 week before the fork and continue up until the day the fork is to happen and we see a dump on that day which will continue until after the fork.

with this fork it seems like the market doesn't care about ethereum anymore and investors are more scared of it than before because of the bugs that their forks always introduce and also the fact that ETH can split into two new coins after this fork and lost a huge percentage of its price.

although eth doesn't reach a maximum price and reaches $ 200 but at least ethereum is currently in the best position and the hardfork effect will definitely be felt for now. we can wait for the hardfork effect until later on.

i am still expecting a big split to happen and there is a good chance that we end up with two different coins as the old original chain remains and the new one is forked off from it.

as for the price it seems like this time the fork hype is even more disappointing than the last time. last time we at least had a small pump but this time it seems like nobody is willing to touch it anymore!

We've seen recent spike in ethereum recently... while this may be a positive news for ethereum.. I don't think it will help the price at all..  regardless ethereum will grow once the bull is back

I think most of the issues of hard fork involves the improvement of a particular blockchain, Ethereum hard fork if successfully implemented will help increase the scalability of the Ethereum  ecosystem and might affect the price positively on the long run

Can you please explain why ETH hard fork doesnt change anything? And can you explain how to initiate a bull run? Please enlighten us with your knowledge in regard with crypto market.

Anyway, this hard fork will have a chance to give birth to another coin than an upgrade. Yet, both could make the price increase in an unpredictable fashion.

This will not happen because the market is moving after Bitcoin and Ethereum is no exception. The network upgrade itself is not the reason for the coin price increase. For several months, we see that the price of ETH is below $150 and this is an important resistance line that needs to be overcome for further growth.

Thanks for updated info link, hearing a lot about fork, but still no confirmed date about that. It is for sure good for the Ethereum future development and its rise.

Eth hardfork is expected from many days and this forum needs a change in the price. If the hardfork happens then we can expect some new projects hopefully where the entire forum will get benefited from this. And I am sure the price will increase without any doubt.

Is that true ? I see in the market there hasn't been a significant change in the price of Ethereum? So, when is Hardfork scheduled? maybe not today,maybe

What we expect is the more advance Ethereum Blockchain and obviously thats the ultimate goal of this hardfork. But i think its not really affect the Ethereum price on the trading market since most of the time supply and demand is the driving factor of its price move.

I think this update will be very useful for the Ethereum network. The development team is working and it is clearly visible. No one will say exactly how this news will affect the growth of prices, but I think that the price increase is a matter of time !

You are right that Ethereum hard fork means network update, not the appearance of a new coin. But this event does not affect the rate of the coin. Only Bitcoin can make the market move, but the rate could not consolidate above $4k, this means that to achieve ETH $200, the growth of the entire cryptocurrency market is necessary.

I think that the price will not rise to $ 200, but I want to believe that the update will go well and the project team will succeed

Recently, I don’t expect something very cool, because it seems to me that nothing will happen today, and if something happens, it will be only with the influx of a huge number of funds that are used in the world today.

Why would those miners do that when all signs indicate that there is a broad consensus in following and supporting this upgrade? They would be mining a coin that they could not sell and that would be worthless. I don't think this is going to happen.

This is really unexpected for me.. usually before a hardfork come a huge growth in price before , and a big dump just after it takes place. But seems that ETH didnt dumped in price. MOre strange is a continued stability of market..no more volatility anymore, which is good for a massive adoption!

Nothing happening due to this hardwork and I feels good for this because people lost interest on these kind of speculation and just concentrating on their long term goals which can make the crypto market as more matured.

I don't think this update will have a big impact on prices. it may take longer after hardfork is finished, we can see ethereum prices going up. for now maybe $ 150 is the right target for this week.

hardfork this time could not be expected. so I'm hard to believe that after the update is finished the price of ethereum rises. the current price has started to fall again, so it could be not going up but there will be a new fall waiting after hardfork.

How eth price after hardfork, growing up or down and nice for waiting about eth price after hardfork moment, many chance could be happen with eth raised up or down and maybe keep still at lower price.

how come good cryptos always need to go and do hard forks? Eth is already functional as it is right?

Because this is an update of all the functionality and we must use an innovative product or platform. Ethereum is the best platform for all kinds of activities.

Eth hardfork is a serious topic going across this forum and I hope they will not postpone it this time by giving a shit reason, we will not always be in a volatile market, people come with different speculations but we need to be very cautious about the market and it's future.

Price is a different topic but i think if the upgrades are successful and it impacts the eth network positively by improving the overall efficiency of the eth network then i am sure we are going to see steady growth for eth price in upcoming months for sure but lets wait for the upgrades first.

I do not know this was not bad. If it helps to grow the price of ETH this should have been done long ago. But it can change the trends in the markets. Will the bear appeal to the bull? I think no. And if growth is something that is not for long.

You are right, there would be no new coin, but they have promised to make Ether faster, to reduce transactions costs and to reduce the mining reward. Lets just wait and see what happens, around 1 hour till the update.

We hope that this upgrading now a new protocol on ethereum will bring and contribute a market increase in ethereum and also this Constantinople upgrading aims to optimized the Ethereum network to have widespread support. So, I think there's no reason this coin will not having a growth movement after this fork.

Yes, this fork will not bring any new coin! Last year Etheeum price collapsed suddenly, and many investors sold their Ethereum, therefore 9in 2018, we have seen Ethereum network slow issues many times. So, this Constantinople hard fork will improve the Ethereum network and ETH blockchain will be upgraded. That's it. Though this is great news for all the ETH supporter but I don't think ETH [price will hit 200 USD because of this hard fork.

The market determines the price. I think we are still in the bear market as of the moment. There is a golden rule in investing into crypto "invest only what you can afford to lose"

So was it yesterday ethereum update? Doesn't anyone know that?
If the update is successful, and the functions of this coin will improve, and above all it concerns the ethereum scale, then its price will certainly increase. However, this will occur gradually and taking into account the general state of the cryptocurrency market.

The Hard Fork was successful, the price remains stable without any FOMO or FUD. I think it will continue like this in the coming weeks.

Agree. ETH price is quite stable. That is the fact after the hard fork finished, the ETH price is not increasing at all.

Usually the price will go up before forking, it did rise a little but then the price got correction again, and for now the price is quite stable, the anticipation and enthusiasm is not too big for this forking, usually after few days forking, the price will go down

I think we should not expect a price fluctuation at this upgrade, since no new coin will be created, no sense to buy another ethereum in the market to enjoy the fork. Just an upgrade that will going to happen.

They already stated that the fork will going to happen on february 28, 2019 then extend again for the second time at march 1. What is that upgrade about? I lost too much while buying ethereum but still extend.

yes, hardfork runs smoothly but nothing has changed at all to price movements, maybe because this time hardfork doesn't produce new coins so not many people are interested in buying ETH now

Yes, this hardfork ETH does not result in an increase in prices for ETH, but I think now that the ETH network is getting faster because it has been upgrade, so the price is still stable and continues to follow the price movements of Bitcoin.

The hardfork has been completed according the etherscan
So probably we can only wait to see it’s effect on the general etherum Blockchain

But it’s positive I want to believe, let’s wait for the upturn in price and volume

Congratulations to all, its happened, we waited a long time. I think ETH should be an example to show the world the development of the crypto, and we need support it.

Increase in price has been the hope of everybody but it seems that would not be the case as the hardfork just happened yesterday but and currently i don't see any major rise in the price of Ethereum. Hopefully it may increase in the next few days.

From innovations:
- production time of one block will be 14 seconds;
- block reward will be reduced from 3 to 2 ETH;
- inflation rate of Ethereum will be about 4%.