Bitcoin Forum

Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable?

I'm talking about instead of Ethereum launching up into the low to mid four digits, could Eth2 push Ethereum to say 5 digits in the coming years so that Ethereum joins Bitcoin as a dominant chain in the blockchain industry, rather than just the main chain in the market of what's left over outside of Bitcoin?

What sort of price future do you see for Ethereum in the coming years as Eth2 is implemented and fully brought on line. Will we see another vast expansion of Ethereum that far outstrips other top coins? Or you just think Eth2 will allow Ethereum to remain relevant and continue the sort of expansion you'd expect with the general crypto market expansion?

Possible!

Looking at on what happened on Bitcoin with lots of Forked coins on it but still nothing beats out when it comes to its price into their parent coin or where it did forked.

It might be a much better version but still people do support on where it do originated.This is why i dont see that any upgrades or new coin will able to surpass
into that main coin.

ETH2 or something wouldnt really be just the same on where people did initially support.

If/when Eth2 launches, and if/when it's been in production long for people to be confident in its stability, I think it has a lot of upside potential.

A working, major Proof of Stake implementation is a big deal.
It answers one of the most salient arguments against broad cryptocurrency adoption these days: the effects of PoW-based mining on the environment.

And Ethereum already has a lot going for it in terms of features (autowallets, Tornado-based private transactions, the ERC20 sea...) whether or not it can make PoS work.

I'm not sure this logic holds for Ethereum; it's already been through one high-profile fork where the "new" coin surpassed the old one (https://www.cryptocompare.com/coins/guides/the-dao-the-hack-the-soft-fork-and-the-hard-fork/). If Eth2 works, my best guess is that those on the Eth1 side who refuse to adopt the two-way peg with Eth2 will eventually be frozen out by the Ice Age; to escape that, they'd have to write a fork of their own, which will make it harder to call themselves really "Ethereum".

You realize when I say Eth2 and Ethereum I'm talking about the same coin right? It's not two different coins. I'm talking about Ethereum. Just asking what people think the Eth2 upgrade will do for Ethereum in terms of price appreciation.

Everything is possible in cryptomarket but the update is not enough to push the price on a 5 digits mark and of course, this will take time and a lot of work to do for them. The mass adoption can also help ETH price to go up more, if more projects to come under ETH blockchain then we might get closer into this dream and will make this one reality in time.

I think so, there's always a broad capabilities that eth may bring in the future of our asset. However, that eth2 would do more great things in our lives but considering the fact that transaction fee always matters most. The value maybe soon expensive, but don't expect fees could be the same during lean times. Everything changes so people should learn how to adopt certain fluctuations.

Ethereum is already a dominant market in the whole cryptocurrency market. Of course Bitcoin is always the number one. Ethereum is just a humble alternate cryptocurrency. So it will always be Bitcoin first and foremost and then altcoins. But Ethereum is always the top among altcoins. It is the dominating coin in that space.

Ethereum is going to be hitting the five-digit price very soon. ETH 2.0 looks successful so far. The launch is happening now.

I think it's driving up the eth, i don't see any easier and more convincing reason than this news, the market trend is increasing day by day.

Indeed, that is what happening now
Price is moving in an up curve where the chart looks like the 2017 chart where the price moves up furiously

ETH 2.0 allows cheaper TX which leads to more TX per second too
It enhance the overall chain and will be solving the high ETH fee problem
The current ETH TPS is like 15, with ETH 2.0 fully adopted, it can scale up to 100,000 TPS
It's an crazy amount of improvement

I believe that is happening, for those who love and learn about blockchain see the problem of ETH right now, and that ETH 2.0 will upgrade the capabilities of ethereum. And with that, the whole market is on the rise right now, so the news of eth 2.0 will reinforce the value of current ETH.

I think that is very much possible. However, it may not happen before the phase 2 implementation. If you currently look at the rate of ETH being stacked for 2.0, current mining difficulty and centralized payment gateways/solutions like PayPal buying shitloads of ETH-BTC to meet the user demand, I think there will be a shortage of supply which will force the price to move upwards.

take a look at the market and what happened to ETH,
although it's still news and it's not complete that Ethereum price has reached over $ 500,
doesn't this have an impact on the price ?,

More valuable ?well this is early to tell because it will be proven at least after December when the ne version is Month old already since this will open in the day 1 of December.
Going side by side with bitcoin is very far reality,though it is possible yet not for a short time,not until Bitcoin Cap lowers at least 55% above to ethereum then i may change my views over this.

No doubt, Ethereum 2.0 will contribute a lot to the increase of Ethereum's price. Even before the launching a lot of Ethereum supporters were already excited about the final date of the launch. And now that the launch has finally taken place, the price is also increasing along with the trust people give to Ethereum.

I even think that if only there was no bull run that takes place at the same time while Ethereum 2.0 is launched, the price of Ethereum would have soared to more than $1,000 already or has already created an ATH. It so happened that Bitcoin is in direct competition of the hype of Ethereum 2.0.

eth will experience a substantial increase eth 2.0 seems to have the maximum effect for the development of eth in the future. I think now Eth is preparing a big surprise for some time to come

positive news relating to crypto can have an impact to the coin especially if it was the actual coin that they are referring to but the news happened long time ago when eth was at over 200usd . the news benefited eth around a hundred usd i think ? and after that , eth became stagnant again and theres also no more update that followed in regards to eth 2.0 . eth started moving again after the btc bull run occured . i dont see the future but im confident that the deployment of eth 2.0 can contribute greatly in eth current value .

It will. The threshold already reached and that proves how big the interest from the community to help ethereum to achieve its target. I see that celsius and various platforms that used ERC20 as tokenization purpose have been giving their contribution to the activation of ethereum 2.0
The ethereum's community is so solid at this moment and the price of ethereum started to increase.
There will be another ATH next year maybe caused by less inflation.

Must be my third or fourth comment about ETH 2.0 this week and sure,,, I do not mind talking more about it. Vitalik is obviously pumped about the response so far though to be honest with the ATH of 2020 I am actually even more surprised that the staking requirements did not meet faster. Developers probably do not want it to happen though as this will push expectations even higher.

If expectations are met in Q1 2021, then maybe a 1000 price tag is not too far.

because the staking feature makes Ethereum even more popular,
especially with a large reward in staking,  Ethereum can be skyrocket to the price of $ 5000 easily,
hopefully , just pray and hold  ;D

Are you following the market, the price of ETH has increased multiple folds in the past few months and you still think that it will not make any significant difference in the valuation. The price has reached to levels that were far stretched to reach last year and with the way the market has performed we might see the price touching its all time high valuation next year and hopefully we will continue on those levels even after the correction.

No one can predict precisely about future prices but if the bullish momentum continues especially with added spice of eth 2.0 and increased demand of staking eth should be able to hit previous highs in next couple of months so yes bullish potential seems real from here on.

Ethereum 2.0 will be launched in this december,so it had a testing process till January.It's focused on January 2021 and not 2020.Ethereum 2.0 will have more features over Ethereum and shine a market soon.

This is not financial advice.

In my mind : " as long as there is a new project and many old project used ethereum network, ethereum valued will goes up "
It will create " The New  All Time High " in two or maybe three years from now.

Just not because Eth 2.0 launch. But because there are many utility token used ethereum network.

everything depends on the demand again if it is eth2 that is expected then the more people will use it the more demand, the price will increase.
whereas if only changes from version one and nothing is too special then there will be no high demand.

Eth2 is 6 years to late. There was a time staking was all the rave, junk coins now where are they now?
The first ever, Peercoin a total failure even dev left, tells all

We only have 5 days to wait and see the actual effect,maybe the first week of december is enough to judge the said version 2.0 if will really help the price of ethereum grow and not just a Occasional Pump and then back to normal price again.

This version should be the one needed for ethereum to finally seal the rank of second and start get closer to the cap of Bitcoin.

There are many speculation but still things will be answered in actual market reaction.

Ethereum 2.0 has reached the threshold and we should not need to feel doubt about the demand for ethereum 2.0
There are so many people who have been depositing their ethereum to the ethereum 2.0 deposit contract. If you are reading the whole of ethereum 2.0 WP and you will find this update will bring so many improvements for the ethereum protocol

Im not sure but most of the feedbacks coming from known personalities on social media says that eth 2.0 will give massive pump of the price of ethereum. And ethereum is back at 600$ and with the eth 2.0 is coming price will start to pump going to break its previous ath

It already did? Why do you think ethereums price moved from under 400 dollars to nearly 600 dollars? Do you think that happened because of kindness of peoples heart? That happened because we are now getting very close to phase 0. Obviously it could keep increasing in the future as well because this will be just phase 0 and this increase was for that reason, we are going to have phase 1 and phase 1.5 and phase 2 as well with phase 2 finally being the last phase.

I suspect that each of these phases could have a price increase in the future, right before (or few weeks before like this one) we could have ethereum price going up because we are moving to a higher phase. This is not guaranteed obviously but it would make sense to increase the price before getting better and bigger development.

maybe depending on its impact and changes it will bring If actually it does all it said surely price will go up but the possibility is low especially at the market situation right now but it things improve then probably we may see high prices

I see it already and probably will continue to rise, the market has corrected in the last few days and this has caused both the market to drop and ETH as well. But we are still on the uptrend, so until ETH 2.0 launches i think ETH will still go up.

big picture on chart still in bullish trend , at this moment some traders take profit after buying in dip few weeks ago. didn't we see price already raise extremely in few weeks ago and now they take it. ethereum 2.0 ofcourse will give positive impact to its price, we just need to patience if we look market moved very volatile.

it will not moved directly break previous all time high, price will volatile up and down in wide range. but we should not worry ,it will attract investors to rebuy ethereum and other coins when they see price corrected.

Certainly, ETH will increase in price because ETH 2.0 due to a decrease in supply due to the need to bet increases over time. Like Bitcoin, when the circulating supply decreases across exchanges, there is an opportunity to drive value. I think ETH 2.0 completely replacing POW with POS would be a good opportunity as miners are selling mining rewards to make a profit more often.

You know, I have always been and am a supporter of Ethereum. This is all because Ethereum has applications and this is where the big development ecosystem is. As for the emergence of ETH2, of course, this is the next step in the development of this cryptocurrency and it should improve both the cryptocurrency itself and its price. First of all, this is due to the valuable commission, as well as the speed of transactions. Of course, I cannot say that all this will happen 100%, but it all comes down to the fact that there are problems that need to be solved and it is the solution of these problems that can raise the price of ETH in 2021 to four-digit values, and maybe even more.

^ That is the hope for it but we do not guarantee anything in the crypto world as you might imagine. Normally I think with each day passing we are getting closer to a moment when we will have both proof of staking in ethereum and also a lot cheaper transactions, the number one problem ethereum has today is the fact that it takes a lot of money to exchange from one coin to another or send/receive ethereum right now, it really costs over 3 dollars last I checked and at its peak we were talking about 10 dollars or so.

With these new things it will be just few cents, maybe double digits at most and we are talking about keeping your ethereum could profit you as well. So it "should" increase the price like crazy, we have seen how the news of phase 0 already increased it, so when it happens it should be a lot higher.

that depends on the what will be the configuration for the ethereum staking. People are massively depositing their ethereum to the deposit contract caused by they have expected if ethereum POS will give a very good offer for all of them.
My friend was also already registered to be a validator in ethereum network too. We can't say how it will go for sure but with the bulltrend that is still happening and ethereum 2.0 is enough to bring more demand to the ethereum. We will have major crypto that will be giving the possibility for holders to get passive income.

Peercoin had two weaknesses that Eth2 does not.

1) Nothing at Stake resistance. Eth2's "weak subjectivity" assumption isn't the dealbreaker that PoW partisans tend to see it as IMO. In particular, it's not clear that PoW coins don't have weak subjectivity, thanks to the influence of exchanges on "deciding" which chain is exchangeable for money in the event of a deep enough reorg. Meanwhile, Peercoin devs (AFAICT) dismissed N@S as a "purely theoretical attack" and refused to take any effort defending against it.

2) Peercoin's sole interesting feature was PoS; Ethereum has a bunch of other features which make it interesting even without it getting the scalability benefits of sharded Casper FFG.

It will, look at XRP and BCH they got their prices going up really crazy. More than 100% pump for XRP and quite a great profit for BCH, based on that we can assume that ETH will follow these path. Also because ETH is clearly really bigger than these two, it is also justify ETH will be really big once the upgrade comes up. Let's see later.

oh it will, because Ethereum 2.0 is not a wasted upgrade.
Ethereum 2.0 has a staking program, and it is very good for the survival of Ethereum holders,
we know PoS is very popular now, and Ethereum is starting right now,
hopefully it will continue to grow, 2021 may see an impact.

The ethereum 2.0's impact is not showing yet. People are still massively pumping ether caused by the bullish trend that's happening with bitcoin. You must see how bitcoin can easily go back again to the 19k rate.
Ethereum was also going back to the 600 dollars rate again. From there we can make a conclusion if the movement of ethereum still depends on bitcoin.
Ethereum 2.0 can't still give a huge impact on the price.

suprisingly, price of eth fall %5 after first genesis block in eth 2.0
in short term price will increase, but i dont think it will make 2x or more.

I think this factor that deliver ETH price touched $600 barrier. ETH is a good coin so far, there is so many altcoin who use the blockchain ETH.

Especially in this situation where many people be fond of DeFi system. A few months ago, as we already know the transaction that ETH blockchain increased and make many transaction delayed also has made the fee for one transaction, it was really crazy.

But with this upgrade who made by its developer I think it will give a good effect for ETH. The transaction will run normally even it will be better than before. And these thing will also deliver for ETH price touch even pass the privious all time high i.e $1200, let see.

Creating a new chain is not a upgrade. Its a new chain, with new prodocol, coin production....

Most importantly, with the update of Ethereum 2.0, it will solve the main problems of the network, namely, thanks to the ZK-Rollups technology, the throughput will be about 4000, which should reduce the cost of transactions by almost 100 times. And this is only the initial possibility of the whole update, and the result of the whole process will be the Flight to the Moon Ethereum.

i believe if eth 2.0 will bring the price of eth to grow, but not in short period time, wich mean need more time to make eth price stay in 5 digits my friend
even next year i think ethereum price will only stay in 4 digits

This maybe the reason why ETH reach 600$ level because of the support and the expectation of many investors ,But 2 days after the first Block Ethereum stays at 600$,I don't know whats the sentiment of the people now.
The Increase of the Transaction fee of Ethereum Block chain recently is a Proof that ETH is really closing to Bitcoin now,because it is not only the Bitcoin Blockchain experience congestion buy also Ethereum.
How long it may take before the good effect be feel?because as of now there is no even sign of Ethereum going moon.

ETH2 will increase the influence of ETH, one for sure with a superior platform. The 4 digits but not 5 digits price was reasonable before bitcoin surpassed $100,000 because the market cap couldn't be more than bitcoin, the development of an altcoin is difficult to separate bitcoin.

it will not happen soon as the first phase of ethereum 2.0 update will be happening soon. there's no news about whent he sharding will be implemented and the fees will be the same as when ethereum 2.0 was not yet launched.
BTW the current tx fees is low but it's caused by there no lots of people who have been massively filling the block to increase the tx fees.
We are still in the early journey of ethereum 2.0

Eth 2 will increase the price of ether significantly as it will take a long time eth's price has started to rise in the crypto market its morality is very difficult to verify who can say where to go if the current price hike is not introduced at the current price its high demand will soon increase the price of etherium. There is a gap of some time we have to wait patiently the amount of fees will come down a lot and the amount of investment will increase.

Given that 1 Eth is  $607

https://trade.kucoin.com/ETH2-ETH  (Futures)

Hope you did not buy expensive Eth

Eth2 is a major milestone for the Ethereum platform and ecosystem. The event looks bigger than the recent bitcoin halving event few months back so it's definitely bound to cause a substantial increase in price. I am not talking of $600 - $700 prices but somewhere in the tone of $1500 - $2000 or more depending on a number of factors. Ethereum is the biggest platform after bitcoin. It almost did a flippening on bitcoin in 2017 but it was plagued by same problem like btc.


This is just a derivative by kucoin and doesn't reflect eth2. With the little I know, Ethereum eth1 and eth2 will still use same eth token.

It's quite difficult to happen. The surge in ethereu's price caused by the bitcoin pump. Ethereum is not yet getting a significant pump since ethereum 2.0 was getting launched a few days ago. This proven that if people are not FOMO ing ethereum 2.0
They think about the future development of ethereum 2.0
If ethereum could get another 100% pump and it might have surpassed its ATH.
It will not happen for sure.

It has already increased the price substantially at phase 0, think of what it can achieve at phase 2. I am telling you, we are going to see a lot of increases in ethereum price in 2021. It is going to be fun to watch, thankfully I have bought myself some ETH at around 260 dollar levels, so I am already in profit and have no fear at all, and with whats ahead in 2021 we are going to see ethereum price reach to a level where price will be 1000+ because of all the developments.

We are going to see phase 1, phase 1.5 and phase 2 all withing 2021 hopefully, even though it may take as much as one year I believe it is going to be around 10 months or so for the price to calculated in for it, and that means by September or so next year, we are going to see maybe even ATH from ethereum price.

will that scalling upgrade fix the scalling problems of eth or it will just make the problem big as what it name says  because it says upgrade  .

fixing the scaling problems  will attract more users to use eth but the upgrade may also bring more new features to eth and that can still attract new users to use eth .

to the new pos system i dont know if that will excite users because if i look on other pos coins , i dont see any extra ordinary to them but btc is pow and its far more better than pos coins .

Or else we will never see eth above $3000 ? Why ? Because when eth migrate to staking its mean eth did not consume energy anymore and it is mean people whi have eth 36 they will onky stake it then sell it to other people.the orice of btc skyrocket because it is more difficult ti mine. You need expensive miner and electricity.

We haven't seen yet the effect of eth 2.0 or experience the impact of this new version. Maybe when we feel its significance of existence, the price may rise accordingly. But don't expect too much as it should really give benefits to eth users especially the gas fee problem. But yes, the price rise is very imminent on this project.

Considering it has already increased from 330 dollar levels to nearly double of that very quickly and even in the past one week we have managed to go up 15% in price as well, I think we could easily say that ethereum has increased substantially just from the news of the phase 0 and this is just phase 9 announcement that has increased the price so much.

If we get to actually reach the phase 2 and not just the news of it, actual itself we are going to see ETH above 1000+ for sure, even higher if you ask me. And when we actually spend some time at PoS and with 2.0, over course of months and months, we are going to keep growing and growing. Main reason would be instead of miners using electricity and equipment to mine it and have costs that requires them to sell ETH to cover it, there will be people who stake it and make money without any costs.

No one can be sure of this, I just know that Ethereum 2.0 has a PoS algorithm and that is where investors can safely make profits. Therefore, when calling for ETH to be deposited into the PoS program, investors' need to buy ETH will increase -> leading to the price of ETH will increase.
But if the general economy recovers gradually and Covid 19 is well controlled, then it is possible that ETH will return to the old peak of ATH in 2021. It is the top altcoin that is most interested in this Q4. So when ETH 2.0 kicks in, that's when it grows strongly.

Seems like the answer has been given sine the First block already released but the reaction of market is plain and flat.
Wondering why its been half a week but Ethereum market is still going normal as if there is no event happens/
Isn't t in the past months that we often see threads and accounts that constantly talking about this?why now it is a regular market in which the price had fell down since last night.

I'm looking for ethereum $800 next target, even I wouldn't be surprised to see ETH double in value next week or onwards. It's bull market now so think for good. Hopefully Ethereum 2.0 will fulfill the condition to meet all the requirement to touch ATH.

You forgot something about ethereum 2.0 if ethereum 2.0 will have divided into some phases. The users will not FOMOing the update.
The amounts of ethereum that already staked in the ethereum 2.0 chain will be locked for almost a year.


This time the pump happens with ethereum is only the bitcoin's effect. Bitcoin pumped and everything will do the same like bitcoin too.

We are already increasing at a rapid pace this year, 2020 has increased the price more than x3, I am not sure if it could get any more "substantial" than that. What do people expect from ETH 2.0 for example? Do you expect it to be something that could potentially increase the price x10 on top of this? I doubt that could be the case, that would take ethereum market cap to insane levels, which is why I doubt it would happen.

Maaaaybe another x3 on top of this x3? That could be possible and not unlikely but that is about the all they could do honestly. Which is why I highly think that the best course of action would be to expect a good deal of increase from ETH but not "substantial" as in what usually call a x10 or more would be about because that is unlikely for ETH right now.

The Ethereum upgrade or Eth2 is anticipated to bring about many changes and updates, and taking into account the potential of the Ethereum blockchain there is every tendency that the price will increase but hardly can anyone say for certain if the 5 digits mark will be possible because many factors always affects the market. Also, in the case of expansion, I think the whole reason for the upgrade is to expand the Ethereum network while making it suited for what the future holds. This i think is true because the crypto space is advancing and many more people and platforms are joining the Ethereum blockchain each day and hence, in order to maintain these users and platforms, the Ethereum blockchain needs to be enhanced which of course will lead to more growth and expansion both in price and in services; through this, of course Ethereum will continue to top the chart while beating other coins.

Well Eth2 is supposed to scale Ethereum by about 3000x once the upgrade is complete in the next two years, which will obviously allow a vastly larger network of applications to run on Ethereum. We should see DeFi have the opportunity to explode on Eth2.

It also allows staking of coins, which is going to entice a lot of people to stake their coins long term and just pick up that income yield, and it will likely entice new big money players to buy enough Ethereum in order to stake to get that income. If let's say 30 million Ether are eventually staked, they would have an annual staking reward of 3.3%, which is a good yield compared to stock dividends, but add in the fact that your yield is being paid in Ethereum which is an exploding asset instead of cash or stocks that average about 7% annual gains over the long term, and Ethereum is a much more attractive asset to derive a yield from than the stock market. Already 1.29% of the entire supply of Ethereum is staked and the staking chain just started two weeks ago!

So yes between the increase in usage implied by a 3000x improvement in scalability and how much Ethereum is likely to be taken off the market to be staked, substantial growth in price due to Eth2 seems likely.