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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Em00n01 on November 04, 2020, 04:51:12 PM



Title: Reason Why $ETH sudden jump
Post by: Em00n01 on November 04, 2020, 04:51:12 PM
https://i.ibb.co/98jSWbp/IMG-20201104-224725-360.jpg (https://imgbb.com/)

ETH2.0 Genesis Block Time. Here is full details  ;D

https://github.com/ethereum/eth2.0-specs/pull/2082/files#diff-a33c7c25155462ac09a0004d9757617fed8f4def8054c7117aaae0b7020e47b6R21


Can we expect a good upward rally from ETH?


Title: Re: Reason Why $ETH sudden jump
Post by: tomahawk9 on November 04, 2020, 05:35:05 PM
Can we expect a good upward rally from ETH?
that's literally what's happening right now  ;)

https://i.ibb.co/0K3mhFv/eth2.png
source: https://www.coingecko.com/en/coins/ethereum/usd

the 6% in the last 24h is not correct, price actually went up 6% after the ETH 2.0 launch ($380 to $405). Price broke the $400 barrier and god knows when it'll stop since it's been only 1 hour since the launch...THIS is what a ETH rally looks like


Title: Re: Reason Why $ETH sudden jump
Post by: articlecity on November 04, 2020, 05:37:58 PM
https://i.ibb.co/98jSWbp/IMG-20201104-224725-360.jpg (https://imgbb.com/)

ETH2.0 Genesis Block Time. Here is full details  ;D

https://github.com/ethereum/eth2.0-specs/pull/2082/files#diff-a33c7c25155462ac09a0004d9757617fed8f4def8054c7117aaae0b7020e47b6R21


Can we expect a good upward rally from ETH?

So two big good news, one is regarding the change in US president from anti to pro crypto and now the launch of eth 2.0.
Looks like remaining 2020 will be massively bullish for eth, btc and other top coins, im already feeling excited.


Title: Re: Reason Why $ETH sudden jump
Post by: VolkoB on November 04, 2020, 06:31:20 PM
Oh yeah, we finally waited. I hope this will reduce the equivalent of the sum for the transfer in the network of Ethereum. Eth to the moon!  :)


Title: Re: Reason Why $ETH sudden jump
Post by: tyz on November 04, 2020, 06:50:27 PM
So two big good news, one is regarding the change in US president from anti to pro crypto and now the launch of eth 2.0.
Looks like remaining 2020 will be massively bullish for eth, btc and other top coins, im already feeling excited.

Biden is pro-crypto? Where the hell did you get this information from, as far as is known, he never said anything about it. No president will be pro-crypto because it indirectly undermines the US dollar, so that's certainly no reason why crypto prices are rising.


Title: Re: Reason Why $ETH sudden jump
Post by: ropyu1978 on November 04, 2020, 06:56:37 PM
https://i.ibb.co/98jSWbp/IMG-20201104-224725-360.jpg (https://imgbb.com/)

ETH2.0 Genesis Block Time. Here is full details  ;D

https://github.com/ethereum/eth2.0-specs/pull/2082/files#diff-a33c7c25155462ac09a0004d9757617fed8f4def8054c7117aaae0b7020e47b6R21


Can we expect a good upward rally from ETH?

Only pump few minute and now going back down again, just drama playing by Vitalik how to get much profit when many people try to buy he will sell his assets, I know many drama playing by developer and owner coin now, update good news and the after coin raise up to higher price they sell all assets and price back to lower again, how come few minutes only ethereum have higher price and now look down slowly without have bigger amount for selling, I think developer and team have influence how to make ethereum dump again now.


Title: Re: Reason Why $ETH sudden jump
Post by: kindbtc on November 04, 2020, 07:00:14 PM
https://i.ibb.co/98jSWbp/IMG-20201104-224725-360.jpg (https://imgbb.com/)

ETH2.0 Genesis Block Time. Here is full details  ;D

https://github.com/ethereum/eth2.0-specs/pull/2082/files#diff-a33c7c25155462ac09a0004d9757617fed8f4def8054c7117aaae0b7020e47b6R21


Can we expect a good upward rally from ETH?

We have to wait and see before rejoicing because if eth breaks 500 only then we can see real breakout before that it is all range trading as recently eth has hit 450 to 480 range so a break above is very important.


Title: Re: Reason Why $ETH sudden jump
Post by: Fakhrulenclix on November 04, 2020, 07:15:55 PM
Let's see what will happen to Ethereum gas fee and ethereum speed transaction. I only want to see any changes for these 2 sides. If nothing changes for me ETH 2.0 is same as before. I still haven't seen a significant pump price but for people who lovr profit, I think this is the chance


Title: Re: Reason Why $ETH sudden jump
Post by: Em00n01 on November 04, 2020, 07:29:03 PM
We have to wait and see before rejoicing because if eth breaks 500 only then we can see real breakout before that it is all range trading as recently eth has hit 450 to 480 range so a break above is very important.
I think it should be $420 first, next 450 and 480. If we can break 480 ETH may straight touch 560! It's just my opinion according to chart. All alt pump a lot except ETH since last biggest dump! So there is a good chance of big movement.


Title: Re: Reason Why $ETH sudden jump
Post by: tycsols on November 04, 2020, 07:31:16 PM
https://i.ibb.co/98jSWbp/IMG-20201104-224725-360.jpg (https://imgbb.com/)

ETH2.0 Genesis Block Time. Here is full details  ;D

https://github.com/ethereum/eth2.0-specs/pull/2082/files#diff-a33c7c25155462ac09a0004d9757617fed8f4def8054c7117aaae0b7020e47b6R21


Can we expect a good upward rally from ETH?

Obviously it is positive update about Eth and market is happy as Vitalik Buterin claimed this months back that Eth 2.0 will be launched by November this year so this announcement would definitely be taken as positive and it also indicates that the developers are inching close to eth 2.0 launch everyday.


Title: Re: Reason Why $ETH sudden jump
Post by: princerepon on November 04, 2020, 08:03:42 PM
[snip image]

ETH2.0 Genesis Block Time. Here is full details  ;D

https://github.com/ethereum/eth2.0-specs/pull/2082/files#diff-a33c7c25155462ac09a0004d9757617fed8f4def8054c7117aaae0b7020e47b6R21


Can we expect a good upward rally from ETH?


It is very much possible in my opinion.  Cause ETH2 was very excitement update from ETH core team since the beginning. So it is quite assuming that ETH price will be pump after this kinda news from Vitalic. Not just ETH pumping also btc just touched 14k after 2018. Hope people will be expecting another big bull run soon.


Title: Re: Reason Why $ETH sudden jump
Post by: Valak on November 04, 2020, 08:10:37 PM
ETH 2.0 launchpad
Launch details:
Smart contract: https://etherscan.io/address/0x00000000219ab540356cbb839cbe05303d7705fa
For more information about the deposit contract and how to stake, please visit the Eth2 Launchpad: https://launchpad.ethereum.org/
Ethereum price will jump.


Title: Re: Reason Why $ETH sudden jump
Post by: bittraffic on November 04, 2020, 08:18:29 PM
Finally. The users who bought 32 ETH so they can stake have been waiting for the moment to happen some had already sold their token for being impatient. I'm hoping some altcoins will also pump.

Those who keep watching the price really noticed the jump since it goes from $380 to $400 all of a sudden.


Title: Re: Reason Why $ETH sudden jump
Post by: bttmember on November 04, 2020, 08:21:21 PM
https://i.ibb.co/98jSWbp/IMG-20201104-224725-360.jpg (https://imgbb.com/)

ETH2.0 Genesis Block Time. Here is full details  ;D

https://github.com/ethereum/eth2.0-specs/pull/2082/files#diff-a33c7c25155462ac09a0004d9757617fed8f4def8054c7117aaae0b7020e47b6R21


Can we expect a good upward rally from ETH?

Finally, some good news regarding eth 2.0. Looks like we are on track to see eth 2.0 live and running in few weeks time now. I just wish a smooth and hassle proof transition to eth 2.0 without any bugs or errors of anykinf and hopefully eth will finally be able to dominate the dapp and smart contracts market after this update.


Title: Re: Reason Why $ETH sudden jump
Post by: Anonylz on November 04, 2020, 08:30:05 PM
So two big good news, one is regarding the change in US president from anti to pro crypto and now the launch of eth 2.0.
Looks like remaining 2020 will be massively bullish for eth, btc and other top coins, im already feeling excited.

Biden is pro-crypto? Where the hell did you get this information from, as far as is known, he never said anything about it. No president will be pro-crypto because it indirectly undermines the US dollar, so that's certainly no reason why crypto prices are rising.

Perhaps he doesn't needs to say it but maybe his approach towards crypto would be a little lenient than that of trump who is outrightly aggressive towards crypto, there are many countries whose government did not openly accept crypto but there are not too hash restrictions either, but same can not be said in case of USA, between I don't think Bidden has won the race yet.


Title: Re: Reason Why $ETH sudden jump
Post by: forexandcryptoauditor on November 04, 2020, 10:00:13 PM
From my point of view, ETH will continue this rally in near future. 2.0 will definitely solve higher gas fees and congestion issues and also will improve scalability for wider adaption to dApps.


Title: Re: Reason Why $ETH sudden jump
Post by: Coin-1 on November 04, 2020, 10:31:35 PM
Undoubtedly, today's release of the ETH 2.0 deposit smart contract has caused such a jump in the Ethereum price. I'm glad to see Ethereum evolve step by step.

As far as I know, the contract address must contain at least 524288 ETH in order to launch the ETH 2.0 genesis block. I'm pretty sure this number of coins will be collected as soon as possible.

I also heard that the PoS-based "Mendalla" testnet is not working perfectly, but I hope the Ethereum developers will solve all the technical problems by January 2021.


Title: Re: Reason Why $ETH sudden jump
Post by: lobo13hf on November 04, 2020, 10:46:13 PM


Can we expect a good upward rally from ETH?[/b][/size]
We can expect a big rally happened with ethereum but just waiting for the result of deposit phase to launch ethereum 2.0
There still thousands spots available to participate in the staking. It looks like that will take the time for people to deposit their ethereum into the deposit contract.
Im still very exciting with the launch of ethereum 2.0

This will be a very good day for ethereum and all of holders.


Title: Re: Reason Why $ETH sudden jump
Post by: batang_bitcoin on November 04, 2020, 10:50:14 PM
The launch and the soar of bitcoin's price made Eth pump lately. There's something to go for in December and I'm speculating that we're going to see a better rally by next month because of 2.0.

Finally. The users who bought 32 ETH so they can stake have been waiting for the moment to happen some had already sold their token for being impatient. I'm hoping some altcoins will also pump.

Those who keep watching the price really noticed the jump since it goes from $380 to $400 all of a sudden.
We will see if the same scenario will happen because of Eth to pump other altcoins too. The impatient ones yet still interested have to rebuy it but, there are pools that smallholders can join to complete that 32 eth requirement, correct or not?


Title: Re: Reason Why $ETH sudden jump
Post by: flyeers309 on November 04, 2020, 10:50:37 PM
We'll see what will happen, will the gas fee get smaller and the transaction faster?  if yes this will be something good and we are ready to jump or even Dex will be used more like uniswap


Title: Re: Reason Why $ETH sudden jump
Post by: pixie85 on November 04, 2020, 11:06:16 PM
We have to wait and see before rejoicing because if eth breaks 500 only then we can see real breakout before that it is all range trading as recently eth has hit 450 to 480 range so a break above is very important.
I think it should be $420 first, next 450 and 480. If we can break 480 ETH may straight touch 560! It's just my opinion according to chart. All alt pump a lot except ETH since last biggest dump! So there is a good chance of big movement.

It's not even at its 3m high so for now the pump is really small for a news this bigh.

I expect it to at the very least touch the yearly high of 480 USD. If it doesn't it's going to be strange.

The only explanation for ETH not going to 500 would be that BTC is pumping even harder and people are selling all their alts to join the rally.


Title: Re: Reason Why $ETH sudden jump
Post by: Nhebu on November 04, 2020, 11:11:46 PM
We don't know what will happen for ethereum price. But I dk believe that this update can give a better chance for ethereum to goes in upward direction. The launch of eth2 will ease the problem when it comes to gas fee which traders and users are complaining in ethereum. Hopefully, it will become better to transfer in ethereum specially when the network is not congested.


Title: Re: Reason Why $ETH sudden jump
Post by: bittick on November 04, 2020, 11:32:01 PM
It's long awaited ETH 2.0 it's only normal if the price spikes and i'll be more amazed if it doesn't. Also it's been quite the roller coaster for the whole crypto market. But, I doubt its gonna solve the problem regarding transaction fee though but we'll see.

We'll see what will happen, will the gas fee get smaller and the transaction faster?  if yes this will be something good and we are ready to jump or even Dex will be used more like uniswap
Hopefully but honestly still kinda doubtful but I can imagine if more dex will be used. atleast it will give quite the competition to the centralized exchange. But i'm optimistic that a good rally will be here really soon.


Title: Re: Reason Why $ETH sudden jump
Post by: MCobian on November 04, 2020, 11:36:04 PM
Of course the news related to ETH 2.0 which was finally officially released was a strong reason for the Ethereum price to suddenly pump
above $ 400. Another thing that made Ethereum go up is because the Bitcoin price was also successfully pumped above $ 14,000.
And if you look at the US election results which is likely Joe Biden who will be the next American president, in my opinion, it has an effect
on the price of cryptocurrency which is increasing in price. Although Joe Biden is not a supporter of cryptocurrency, he is not like Trump
who is a Bitcoin hater.


Title: Re: Reason Why $ETH sudden jump
Post by: StephenJH on November 04, 2020, 11:40:24 PM
The upward movement that Ethereum is showing at the moment is an indicator that has the possibility of reversing direction. due to the reversal movement of this direction is the main key that will break the downward movement pla from the chart. although there is still a little trapped in the consolidation phase, this fundamental moment can be a driver for Ethereum price movements to continue to rise beyond the benchmark line.
I didn't get the true direction of ETH in your post because ETH has been moving upwards for more than 4 months. The price was under $150 months ago but the demand has increased after the rumors of ETH 2.0. The fees decreased a lot on gambling websites which I deposit to balance with altcoins especially ETH. Now the fees are friendly compared to $10 withdrawal fees on the BTC network. Yesterday, one Uniswap trader has messed with the Metamask and spent a $9200 fee for a $120 transaction. I can't put myself ins the shoes of that poor guy and he is worried about the situation by talking about the suicide.


Title: Re: Reason Why $ETH sudden jump
Post by: Kemarit on November 04, 2020, 11:48:11 PM
But it's still a long way to go though,

https://i.imgur.com/CA3aV9T.png
https://launchpad.ethereum.org/

Needs more than half a million of ETH to be able to launch the mainnet in December.

So obviously they are still looking for more validators to stake in the network before things get going.

Yes, it jump, but we shouldn't expect a massive pump, it has crossed $400 before and the big mental barrier here is $500 or more.


Title: Re: Reason Why $ETH sudden jump
Post by: uray on November 04, 2020, 11:48:56 PM
Undoubtedly, today's release of the ETH 2.0 deposit smart contract has caused such a jump in the Ethereum price. I'm glad to see Ethereum evolve step by step.
The evolution took time, either way it is good to see that they are rolling out the most hyped update and we might see a rally because everything is aligning together for a rally in ETH as the price of bitcoin is looking to break the all time higher valuation we might even see a turn of events in ETH after a very very long time.


Title: Re: Reason Why $ETH sudden jump
Post by: alisonwonder on November 04, 2020, 11:49:45 PM
I think this is the influence of bitcoin price movements that have increased sharply and the ethereum 2.0 project which is said to have a strong influence on Ethereum, so in my opinion, don't let you miss this golden opportunity to take advantage of Ethereum while it is still cheap.


Title: Re: Reason Why $ETH sudden jump
Post by: Iyanjr on November 05, 2020, 02:51:39 AM
Can we expect a good upward rally from ETH?[/b][/size]
There will be another big announcement in the start of December, be ready for big pump


Title: Re: Reason Why $ETH sudden jump
Post by: Salauddin1994 on November 05, 2020, 03:27:08 AM
Can we expect a good upward rally from ETH?[/b][/size]
There will be another big announcement in the start of December, be ready for big pump

Ethereum's position after bitcoin the price of other currencies in the crypto market increases depending on the price of bitcoin ethereum is in a much better position demand is rising due to rising prices now is a good time to invest. No one can say exactly when the price will go up however prices are likely to rise later this year or in the new year.


Title: Re: Reason Why $ETH sudden jump
Post by: puremage111 on November 05, 2020, 04:13:00 AM
Can someone share information on the current progress of ETH 2.0?

I mean this is merely just a deposit contract right?
How long till the full ETH 2.0 get implemented?

Thanks


Title: Re: Reason Why $ETH sudden jump
Post by: metenjean on November 05, 2020, 04:20:53 AM
Still not understand what for the upgrade and later advantage of upgrade 2.0, still try to understand how is working later and why the impact this upgrade only make ethereum raise to higher price few hour only. Just Vitalik make many people panic to buy ethereum and then he sells again. We can't trust with owner right now because they looking for many way how to make investor panic to buy their coin and keep going on with higher price but later going down again.


Title: Re: Reason Why $ETH sudden jump
Post by: goaldigger on November 05, 2020, 05:10:52 AM
Can someone share information on the current progress of ETH 2.0?

I mean this is merely just a deposit contract right?
How long till the full ETH 2.0 get implemented?

Thanks
This is a long process and I think they've already started the update maybe the whole update will end next year, depends on how the team works for it and depends on how the market reacts on this one. But since they've already show some progress, expect its price to slowly pump and be prepared for another altcoin season, this is the most anticipated update on ETH after many delays, let's see this one to succeed because many will benefit on this.


Title: Re: Reason Why $ETH sudden jump
Post by: cryptoaddictchie on November 05, 2020, 05:22:58 AM
I think ethereum is experiencing a pump not only because of that information but also the influence of the current bitcoin price, now we are guessing, if at any time bitcoin experiences a dump will ethereum stay at its current price?
Half true actually but we cant say that eth doesnt pump on its own. People are skeptical with thr 32eth deposit for eth 2.0. The release is estimated to be on December 1 with millions of dollar locked in. So expect a heavy boost on eth price. Regardless of its continuously delay schedule, I think thats normal actually. We can assume that eth might be trigger with btc but we can onbserved that its hike are more on its fomo news.


Title: Re: Reason Why $ETH sudden jump
Post by: kenelmark on November 05, 2020, 06:12:35 AM
Still not understand what for the upgrade and later advantage of upgrade 2.0, still try to understand how is working later and why the impact this upgrade only make ethereum raise to higher price few hour only. Just Vitalik make many people panic to buy ethereum and then he sells again. We can't trust with owner right now because they looking for many way how to make investor panic to buy their coin and keep going on with higher price but later going down again.
Every token that has experienced an increase will definitely experience a price decline, regardless of the panic that is deliberately created by the token developer himself, but basically we can see many examples of other Altcoins that have also decreased without any panic, because it will be very easy to get rich. if ETH tokens always go up in price without experiencing the slightest decrease, and the problem of trusting or not with the ETH developer, it comes back to each person, because everyone has a different way of judging this matter.


Title: Re: Reason Why $ETH sudden jump
Post by: SyndicateLabs on November 05, 2020, 06:15:44 AM
You can look at the CMC to see the ETH chart, i see the price is going up, everything is going very well with this market. ETH2.0 is truly the expectation of those who love it, solving the network scalability will help ETH 2.0 break through when they will do the problems they want to solve on ETH 2.0


Title: Re: Reason Why $ETH sudden jump
Post by: Inkdatar on November 05, 2020, 06:51:42 AM
You can look at the CMC to see the ETH chart, i see the price is going up, everything is going very well with this market. ETH2.0 is truly the expectation of those who love it, solving the network scalability will help ETH 2.0 break through when they will do the problems they want to solve on ETH 2.0
This is it, the most awaited to happen in ethereum the upgrade of this network. A lot of users who truly holds and still accumulate ethereum as they believe the future of this project. That's true, eth2.0 is the good news were waiting to happen so hopefully this is the start of bullish movement in the market.


Title: Re: Reason Why $ETH sudden jump
Post by: Rowenta on November 05, 2020, 07:17:10 AM
Yes the news that ETH 2.0 is finally finished and will be released in December is what makes Ethereum stable over 400$, I'm pretty much in confidence that Ethereum will make some altcoins surge after the upgrade get launched in December, so far this is a very good news for the market and investors in general


Title: Re: Reason Why $ETH sudden jump
Post by: BDBitcoinExpart on November 05, 2020, 07:27:13 AM
Eth block launch. The contract address of Etherium 2.0 was released yesterday. Ethereum developer Vitalik confirmed this on his Twitter. Proof of stake in Etherium 2.0 is set to launch on December 1 Etherium has a much better chance of being a price pump.


Title: Re: Reason Why $ETH sudden jump
Post by: Wysi on November 05, 2020, 08:20:25 AM
Yes, ETH 2.0 will bring a new revolution and the best thing about this would be that it would add like additional sidekick to other altcoins as well which will have a postive inpact in price of other altcoins which has been lagging nowadays. We might see Ethereum breaking $500 once again within couple of weeks if this release gets appropriate tractions.


Title: Re: Reason Why $ETH sudden jump
Post by: Raflesia on November 05, 2020, 08:34:31 AM
Still not understand what for the upgrade and later advantage of upgrade 2.0, still try to understand how is working later and why the impact this upgrade only make ethereum raise to higher price few hour only. Just Vitalik make many people panic to buy ethereum and then he sells again. We can't trust with owner right now because they looking for many way how to make investor panic to buy their coin and keep going on with higher price but later going down again.
For sure they have a good aim to upgrade to 2.0 we certainly don't fully understand about this because it was just released but I'm sure with this news everyone will be happy to see something like after a long wait for ethereum 2.0, vitalik has a good design I know people panic because of ETH price because of this news I am sure this is not just fomo but intends to buy ETH to hold.


Title: Re: Reason Why $ETH sudden jump
Post by: trauchot on November 05, 2020, 08:54:12 AM
Ethereum has slightly increased in price after this news, so nothing serious has happened to the Ethereum price, but I think that in the near future Ethereum will start to rise in price and it will be possible to make money on it, so now it is still a good time to invest in Ethereum and of course, we are waiting for the full release of Ethereum 2.0.


Title: Re: Reason Why $ETH sudden jump
Post by: luckyflop on November 05, 2020, 09:37:37 AM
Finally, after ages we hear about ETH 2, should be a good sign for Defi tokens, and ETH tokens, Finally moving to POS from POW is a great sign even for the environment and wasting less energy, but I don't think that was the only reason for ETH to pump, Bitcoin's move also helped and news about Joe Biden as a possible winner helped that too because I have heard he is more fan of green energy and cryptocurrencies, shortly it would have a pullback but in my opinion bull run for Ethereum's tokens has just begun and we would hear more about new projects on ETH blockchain soon.


Title: Re: Reason Why $ETH sudden jump
Post by: lousie9 on November 05, 2020, 11:49:53 AM
Ethereum's recent rise was unexpected, ethereum has been significant in the $ 400 price range and may still continue. looking at the current Ethereum price action indicator is very significant I believe that Ethereum could hit the $ 450 mark even more later this month. Vitalik has done a very good job.


Title: Re: Reason Why $ETH sudden jump
Post by: bitcoin31 on November 05, 2020, 12:41:11 PM
There is more good news happening in the ethereum in the past few monents and Im not surprise this coming months.
So if your planning to buy ethereum just do it because if many good news happening for sure  it will rise the value more or it will jump to the ATH value that we are possible to happen this year. People are waiting for the decreasing price of the ethereum but I guess not happen so it's better to purchase now before it's too late.


Title: Re: Reason Why $ETH sudden jump
Post by: Em00n01 on November 05, 2020, 02:16:04 PM
Let's see what will happen to Ethereum gas fee and ethereum speed transaction. I only want to see any changes for these 2 sides. If nothing changes for me ETH 2.0 is same as before. I still haven't seen a significant pump price but for people who lovr profit, I think this is the chance

There are many changes between ETH and ETH 2.0. You may search on Google for more details. Anyway, i think ETH 2.0 will decrease gas fee and speed up the transaction than before. This is just the creation of smart contact not the final release. It will happen on December. So we can expect some big movement from that moment.


Title: Re: Reason Why $ETH sudden jump
Post by: TopTort777 on November 05, 2020, 02:28:11 PM
This is a great news for eth hodlers although I was expecting much higher increase, I hope we'll get to little over $600 by December 1st. I expect price will continue to rise from here on.

Price increase will happen with Ethereum 2.0 release. Last time I heard it was postponed, again. But recent grown is connected with Vitalik's tweet about ETH2 deposit contract released (https://twitter.com/VitalikButerin/status/1324018999458295809?s=20) and probably US election race impacts on it a bit also.

I don't think that we will see "little over $600 by December 1st". We are likely to see $450 imho. Just take a look on how bitcoin gained $+1k in last 24h or +13% in a week, while ETH made only +20 bucks and +7% in a week.


Title: Re: Reason Why $ETH sudden jump
Post by: nrvasquez on November 05, 2020, 02:37:45 PM
Can we expect a good upward rally from ETH?[/b][/size]
There will be another big announcement in the start of December, be ready for big pump

Ethereum's position after bitcoin the price of other currencies in the crypto market increases depending on the price of bitcoin ethereum is in a much better position demand is rising due to rising prices now is a good time to invest. No one can say exactly when the price will go up however prices are likely to rise later this year or in the new year.
Yeah, that's true almost all altcoins will move depends on bitcoin, but i think that anouncement also create some impact considering the gas fees are quite expensive right now, so that's can safe some eth


Title: Re: Reason Why $ETH sudden jump
Post by: wack slacker on November 05, 2020, 02:58:20 PM
Great news has led to FOMO, it looks like people are hoarding ETH to participate. The supply of ETH on exchanges will increase.
Today's ETH price increased partly due to the decline in the domain of BITCOIN / ALTCOINS, causing a series of altcoins to rise.
With this market situation, I have confidence that ETH will grow strongly by December. This will be an opportunity for me to make back the money I lost in 2018 when the market collapsed.


Title: Re: Reason Why $ETH sudden jump
Post by: FanEagle on November 05, 2020, 08:20:11 PM
I think it is not about "getting close" or anything like that, people who got excited about this news (including me) didn't get excited because we think 2.0 will be tomorrow, we know that it could take a long time, it could be as much as 2022 before it happens which means we are going to have to wait a loooong time before 2.0 is a reality and we know that.

What made everyone involved so excited was not the time period and getting closer deal, it was the fact that it is worked on and reached to a new level, that means we are done with major parts of the upgrade and that excites us, obviously we are going to wait awhile but that doesn't change the fact that we are now one step closer and that means something to us. Every single improvement matters right now in something that we have waited for years, even a slight light on it would make us feel at more ease at this point.


Title: Re: Reason Why $ETH sudden jump
Post by: Cryptoababe on November 05, 2020, 08:22:06 PM
The eth 2.0 deposit contract address isnt the reason why eth sudden dump happened.. This should be a reason for sudden rise not sudden dump.
Many will want to buy eth to stake and buying leads to increase in price.


Title: Re: Reason Why $ETH sudden jump
Post by: Slingshot on November 05, 2020, 09:45:27 PM
This is really not suprising case but an amazing one. And many predictions of ETH by December when the main launch unfolds. Many feels it will go higher than its alt today. I am really happy that ETH 2.0 deposit have started and many are really in fir the staking. I anticipate more and thanks to ETH CEO for such amazing thoughts.


Title: Re: Reason Why $ETH sudden jump
Post by: Em00n01 on November 06, 2020, 08:27:44 PM
This is a great news for eth hodlers although I was expecting much higher increase, I hope we'll get to little over $600 by December 1st. I expect price will continue to rise from here on.

I'm also expecting something big. But i think it will happen after the mainnet launch on December 1.

The eth 2.0 deposit contract address isnt the reason why eth sudden dump happened.. This should be a reason for sudden rise not sudden dump.
Many will want to buy eth to stake and buying leads to increase in price.

No one have mentioned that the suddn dump happend because of ETH 2.0 smart contact release. You should read all reply carefully before comment.  ;)