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If the merge was supposed to fix many of Ethereum’s problems, why is its value still tanking? ??? ???

I think people weren't expecting a increase of price during in this market condition though and also the merge won't instantly fix the problems because there are still stages/phases to be followed
It will take years before Ethereum will resolve the past issues and we won't know if there will be othere issues going to be encounter in the future.

here is the tweet how ethereum is going to be developed:

https://twitter.com/milesdeutscher/status/1550315295402668032

I think you don't know how the market works.

Demand and supply dictate the price, not the merge or token swap bullshit. People bought ETH right before the merge because the wanted to get that airdrop of ETHW. Obviously after the snapshot or merge they started selling, thus the price tanking, but It hasn't tanked that much. I wonder what you would have to say if ETH price went below $500

It should have fixed its problems but set aside that its problems are not its price and both are different things.

As it tanks right now, you can see that we're in a bear market and that confirms the slow motion of Ethereum on its price increase. That validates the idea that during the bear market.

Whether there's a very good news for the top projects, that won't do because it's the bear that's dominating at this time.

Some problem already fixed, but it’s not the reason why the price continues to drop, have you seen the whole
Market?
ETH is still dependent with Bitcoin which currently dealing with the bear market and altcoins are not safe from this as well. The update was good, it can help ETH to become more efficient in the future so if you are holding ETH right now, better to accumulate more and hold until bull market, new ATH will surely be hit on the next bull run.

people over reacts every development, price swells then news come to end so the hill. as a similar to btc story continues with a fall , everybody thinks it is going to rise tht moment is for fall. I always evaluate altcoins by their btc parity but even eth/btc is falling. thats a correction , eth is not a shit coin it will rise again but if people over reacts again similar graphs will welcome us.

Its dropping because it was mostly a "buy the rumor, sell the news" type of event. There was alot of hype and basically the whales sold as soon as the merge hit. But its not the only reason.

The main reason is we are in a bear market and everything is going down. Hence many cryptos are going down on bad news. Its like this every cycle and nothing you can do. There are other issues now such as all this global market mess with inflation and bonds.

I believe it has something to do with global inflation and the current recession that we have now. It's just that many people are cashing out their investments and using them to live because of the increase in prices of goods and necessities. More problems are going around, and those problems solved in the network haven't been in full effect regarding the application. Maybe as time goes by, it will bear fruit and increase the value of ETH.

I think it's normal that the price of Ethereum is still in a low position because market conditions are also in the same position. You should not be confused by this problem because if market conditions can reverse this year or next year, there is a possibility that the price of Ethereum will reverse direction too. Moreover, Ethereum is currently still leading in the second position in CMC and Coingecko so Ethereum still has the potential to increase further in the future.

This Ethereum merger is also not the end of Ethereum's journey and that's why the team is still doing a great job ensuring everything goes as planned. So it's better to wait patiently and make sure you buy Ethereum at a low price.

This is the bear season and even a piece of news like the Ethereum network marge couldn't have made a serious impact after it happened because the crypto community already knew this was coming and if there was going to be a price action upward I believe it would have been before the actual date but because investors were also thinking if it was going to be a positive thing or not, there was hesitation in investment, however, I think the effect might be a boost for ETH if investors see how the network performs going forward.

What are you expecting? They did buy before it happened that's why a bull came a year ago. Now, they are waiting, holding, also expecting just like you but they are not buying anymore. It may be the other way around if they got tired of the long wait, they will sell.
Without demand, there won't be an increase, and with inflation and economic crisis, they won't risk their savings for investment, yet.
Food and living are the priority for now, there's no buying power from retail investors.

You need to know that the market is still being manipulated by the sharks, when people are buying ethereum expecting a big pump, the sharks will find a way to turn the tide. With such big and important events, we should not be too Fomo but be more cautious because there will definitely be sharks involved. I don't believe it's because we're in a bear market where ethereum can't rise, but because the sharks are trying to manipulate the crowd. Like XRP although there is no final result on the lawsuit with SEC but XRP price has increased more than 60% and people started buying because Fomo thinks XRP will increase even more, the scenario is very similar to the previous ETH, surely XRP will be dumped like ETH after the final outcome of the lawsuit.

Why was something dropping its price after the hype is over? It was easy to see why ETH became like that once they lost their biggest rally point for years of traders and holders spectacular around The Merge. You haven't seen how much ETH drove the price of the GPU market to the point even a subpar, outdated video card sold like 2x to 3x of its MSPR years ago. Only when you see that, you'll realize how much overhype ETH has gone. Once the PoW ended, no more spectacular around GPU or hash power, completely depending on people's beliefs and demand ETH. In a time of the world's economy slowly falling into a recession? Yup, ETH has no chance.

The fact is that it was the problems associated with the commission and the increase in bandwidth that the Ethereum merger did not solve. The Ethereum merger is currently only the first step on the path of new updates that will solve existing problems in the network. This is one of the reasons that the value of ETH is declining and plus we are now in a bear market, when the price of not only ETH, but also other coins is declining.

Literally a "Buy the rumour, Sell the news" kind of situation. Simple as that. There's been some upward movement in the price in the last 12h, but if price action in the last month is anything to go by, this is just regular volatility. IMO, price will consolidate around 1.4k for a while before testing 1.5k again. I've been in this market for so long that I start to recognize a lot of patterns  ::)

The main factor that causes Ethereum to continue to decline in price in my opinion is because we are currently in a bear market condition, so it is very natural for the coin price to continue to fall even though the merger has been completed and so far if we see that the merger event has not had a positive impact on the movement ETH coin price. Apart from the bear market there may also be several other factors that led to the decline after the merger and may also be caused by investors selling in bulk.

These are some market considerations why see the dump despite the expected surge after the merge
 1, Market condition - this is a big factor influencing its price and the entire market is suffering from the dumps
 2, Panic selling - FUDs are dragging some people to think negatively

It is a little bit bothering seeing the outcome of the merge of Ethereum but we can't just change the market view nor we can influence all investors to keep hold because many individuals are still selling.

No, the merge was not supposed to fix Ethereum's problems and that misunderstanding is exactly why the price is tanking. The merge just means that Ethereum went from POW to POS. It did not increase TPS or increase decentralization or security. It did not enable sharding. Heck, they didn't even enable people to withdraw their staked Ethereum. Right now, it looks like the best way to scale Ethereum is by wrapping it and pegging it like WBTC on Ethereum on another chain like Flare Network or by doing what the Internet Computer is doing, allowing ICP contracts to interact directly with Ethereum without bridges.

it seems the title of this thread is the most discussed in this forum, but I am happy to answer every question that comes, why the price of ETH is dropping is that we are in a bear market and inflation is everywhere, war is coupled with rising interest rates, but most often people answer is that the trend for news merge is over and they are selling the results of the news that has been announced everywhere about the merge, but you don't have to worry you can buy it now under $1300 that is a very cheap price for ETH

What is the connection between blockchain problem solving and price? The network has become more centralized, transaction processing speeds have been improved, scalability problems have been solved, all of which are good for blockchain. The price is falling because the demand to use blockchain is not growing, the capitalization of the coin is falling. ETH, like the rest of the market, is depressed, and one blockchain update is not enough to revive the market. In cryptocurrency, technology is not always the determining factor for coin growth.

Lol, because the btc or crypto community has this perception of expecting a price movement for every little blockchain upgrade or so. Perhaps people thought with the eth merge solving the majority of the issues within the network, will lead to buying pressure that will result in a price increase, unfortunately, the bear market didn't make things happen as many people expected them to.

Only it works in a bull market, because in such periods, any news about the network update or the project itself causes an increased demand and the coin grows on such news. Even news about some collaboration or new partner adds value to this or that coin. But now is the crypto winter and such updates and news the market just swallows without any noticeable effect. News works differently in bullish and bearish cycles.

That is a good reason, but the idea is that why we haven't seen hype? I mean the reason why it was already low, and stayed low is the things you talked about, but people expected it to do a lot better in the long run right after the merge because they believed we would have some sort of hype, and we didn't get that hype.

If you are saying that all that inflation and war reasons that kept it low, is also the reason why it didn't cause any type of hype as well, then I would understand it, but I felt like it would have a hype during the merge period even with all those things, because it should have responded to it somehow, but maybe I am just wrong.

The hype of merge already happened but it's not quite strong to keep the hype during the bearish market. Ethereum price was going up before merge and so many people were selling their ethereum after merge already done. This is a common thing in the crypto when there are so many people who are trying to bet into the news and they will sell back later.

The market that Red generally makes many cryptocurrencies including Bitcoin and Eth also continue to decline, even for almost a month the price of Bitcoin below $ 20K, and the price of ETH has also not been able to return to the $ 2000 level, there is nothing we can do other than hold and be patient.

The current situation of the crypto market is not really good and we expect that this is more likely to happen and it has nothing to do with the ETH merged. considering the situation of the world economy today, there are lots of things that have been going on lately and the war is the main culprit because people are now hesitant to use their money to invest in crypto because they might need it for their essential needs because if this war will gonna expand to other countries it would be far worse than the pandemic. The risk to invest in crypto nowadays are high than ever before because you are not only risking in the crypto market, you also gonna risk not having anything when the war will reach your country.

Ethereum's merge was right but the timing was really bad If the market was in a good state with such updated news of Ethereum, then Ethereum would have become more popular and the price would have increased a lot.Although many of its mistakes have been corrected since Merge, the price has not increased due to poor market conditions.

I don't know what the situation is, but it's clear that today there seem to be a lot of big transactions going into the Binance wallet. this is probably one of the reasons for the current decline in the price of ETH. plus global market conditions have not improved, the downward trend in ETH prices may continue for some time. because some addresses that have a fairly large amount of ETH seem to start making outgoing transactions.

The price of cryptocurrencies needs to be reduced for one reason, so that hamsters sell their coins and become disillusioned with investing in cryptocurrencies. The price may fall, but if there are no sellers in the market, then there will be no liquidity, so such markets are easy to manipulate.

The merge can be consider successful cause many issues were fixed through it. But price is another subject. before merge people bought ether so that it would be blast after merge but sold out cause they knew that this is bear market. So simply it isn’t possible for ether alone to increase incredibly when whole market is down along with btc. That's why we are seeing ether rather dropping cope with others altcoins

What issues were fixed in the merge?
Ethereum has become almost a centralized coin.
https://bitcointalk.org/index.php?topic=428589.msg60868900#msg60868900

https://www.coindesk.com/tech/2022/10/14/censored-ethereum-blocks-hit-the-51-threshold-over-the-past-24-hours/
Censorship has been a growing concern within the Ethereum ecosystem, especially since the advent of MEV-Boost after the Merge.

Ethereum has gone to shit

There are some whales who have so much that each of their move triggers a big sell off, or a buy. This is something that needs to be decentralized in the crypto world as well, we do not have an exchange where whales could trade with other whales, in the stock market you do not see people buying 10% of a company's stock all at once, you do not see them sell it neither, most of that happens directly, kind of like p2p.

We need to build something that would make sure all the trades that are over 10 million dollars would be done that way, meaning it wouldn't really impact the market, and only if they can't find a buyer they could do it on the market, that way it would impact the market a lot less.

We cannot just see Eth, the facts that occur in the market are many Altcoins and even Bitcoin who are also drops, this is natural because the price trend pattern of cryptocurrencies is almost similar so that when there is 1 large coin like ETH drops it is certain that other coins too Drops.

To some extent, I believe the bear market is also playing a role. People are being very careful with their spending during the bear market, and they are not particularly interested in trading at the moment. The revision is good, but it won't blow anyone away. In addition, there have been no noteworthy shifts, such as a decrease in petrol costs. People probably stopped buying ETH and start to sell it just after the ETHW airdrop, causing the price to drop. The focus of the group has shifted to something else.

Obviously, a lot of people were then expecting that the price of Ethereum will go explode after the so-called Merge but it did not actually. Hence, many are then disappointed as this Merge is liken to Bitcoin's halving in terms of impact. Anyway, what is good is that Ethereum is setting things up for the long-term...so maybe we should tone down our expectations and look forward to the future - say 3 to 5 years from now when I am sure ETH can surely be more valuable as we have it today during this long bear market.

It is all about demand and supply, we are currently in a bear market condition, price will increase slowly but not as many expected after the merge, it did not influenced the price much unfortunately.

Please note that the increase that occurred in ETH before the merge was Hype. and it's a normal thing that happens at every particular event. and anything that is hype is temporary and always declines afterward. coupled with market conditions that are still in a bearish trend so it is not surprising that ETH continues to decline as well as other altcoins. including bitcoins.
when we see the hype then we must be able to determine when we have to enter and when we have to leave. because if we are late in and late out then we must be prepared to accept price corrections.

It will fixed the problem within ETH network but beyond that, it’s already out of control. The market is on a bear trend, there’s no huge demand for ETH right not because their focus is with Bitcoin and the Stablecoins. Let’s not rush the result here because the normal scenario is that, after the hype the price will slowly go back to it’s normal trend and with that, bear market is still the option for ETH. Well, eventually you will see the effect of that update you may not feel it but other users will enjoy that update this is still a good update for the benefits of many.

The moment bull market comes and there are tons of projects that will be using ERC20 to build, there will be an added request for ETH all over again, that’s what I think will happen and that’s the trick.

I know it’s not a simple thing to wait for the bull run, and I know that it will take them after the bull run starts that projects which are based on erc20 will start to become popular, but each time new bull run comes that happens, so it is only matter of when and not if for ETH to grow again. I know that it’s not a simple solution to just go ahead and invest into ETH but if you do that then you are going to end up with a good profit eventually.

It would be good if by this time the developers had launched an update that would increase the speed of transactions on the network. And also no less important is the reduction of the commission in the network. In this case, there is no doubt that the attention to the blockchain will increase, which will entail an increase in the value of ETH.

Not much people realize this but this is actually the main reason of the market to not moving in a way they expected. Just as they have thought after the merge it will help to grow the price but if the Bitcoin market is in the bearish trend it's normal to see most altcoins will follow. Hence, the expected pump wouldn't be completed because there's less investors suggesting they think they won't make a profit if they would buy now since the market is starting to drop slowly. Most FOMO I experience only happens when there's a huge investors buying and the rest will likely to follow.