Bitcoin Forum

There's a coming ethereum hardfork this Feb. 28,2019.It will undergo a network upgrade at block 7,280,000.

As stated it will affect several things, such as core protocol specifications, client APIs, and contract standards.

In your opinion, will it improve the price more? Do eth holders will receive corresponding amount of fork also? Coz I wanna convert my btc if ever.

More information can be found here;

https://www.chepicap.com/en/news/7641/eth-constantinople-st-petersburg-hardfork-to-happen-at-block-7-280-000.html

Yes, hard fork is expected on February 28. But still, considering that there were two unsuccessful trials before that, we cannot say for sure. Anyway, we saw this development at the price in recent days, but the re-descent of BTC influence it too. Maybe it will go up again, but we can not know what will happen after hard fork.

Literally I did not feel the ethereum price improved in the last hardfork yes the price increase but it's only a little.
I hope this coming hardfork in the February 28 will become higher the value of the ethereum and not negative effectthe result after the hardfork because we know there is three possible happen,  stable price,  dump the value and increasing it.

You should take the decrease of the block reward as the main concern, the protocol update will not give a significant impact to the price but the block reward decrease will do that, that was having a correlation to decrease the inflation of ethereum supply.

I hope with the hardfork, and it will help the price to go to the higher price because ethereum has dropped too deep. I think it is the best chance for ethereum to attract more investor to join the project. I will be happy if the price can increase at least $200-$250 or even $300 because I can sell some of the ethereum that I bought at the lower price ;D

But I am afraid that it will depend on where bitcoin price moves because if bitcoin price is suddenly getting down deeper, ethereum price will not increase and even the price will get down too. I hope that before the hardfork happen, bitcoin can increase higher, ethereum slowly will increase and then after the hardfork, the price will increase too.

hardforks in january didnt effet the value of eteherum. it made reverse effect and ethereum felt from 150 to 90 dollars in this period.

now it will be same. ethereum will come 100 dollars again.

with this hard fork there is a very high chance of a chain split and that has always been a very dangerous thing in cryptocurrencies even the centralized ones such as ethereum. which is why they always avoid them at all costs.

this hard fork however is going to be forced on the network, i am very interested to see how the market is going to react this time. last time whales used it to do a small pump before they dumped hard.

i thought the constantinople appointment will be on march 1?
but whether 28.02. or 01.03. does not make much difference ;D

The upcoming improvements will not affect the price in such a way that the price immediately increases significantly. Previous pumps were manipulative. In the near future, such pumps are possible. But organic growth will be long. In any case, I do not expect 1K in two months or something like that ;D.

it is very hard to say in my opinion because there are nearly equal reasons for it to get dumped as there are reasons for it to get pumped.

for example the split risk alone can turn a lot of users away specially since the new fork is not tested and has the risks of being exploited and they can easily lose their money.
but at the same time we have the fork hype that IF the pumpers choose they can pump it good.

my speculation is that we are going to see an initial pump to see how the newbies react and then if things were good we can see a bigger pump that will last right before the fork like one day before on Feb 27 and then see the dumping begin and continue through Feb 28 crashing the market down.

The hard fork will happen at block 7,280,000. The date is an estimation based on the current speed the blocks are generated.
There are sites that refresh the estimation after each newly mined block like this one (I'm not affiliated with, Google returned it) https://www.coingecko.com/en/explain/ethereum_constantinople_hard_fork




I'm curious how much room for speculation on market there will be until the deadline  :D

Already the market hardfork of ethereum has been rescheduled. Ethereum hardfork will surely make a big change on the cryptocurrency market. It can be in the protocol or other factors, but in terms of growth in value is much expected from the user perspective. With the hardforking I expect the price start a bull run unlike the price of bitcoin.

Since the hardfork is going to affect the mining I think it is going to affect the price.  It is well knowing that supply do affects pricing and since the hardfork is going to affect the number of ethereum that we would be able to mine by 2/3 there is no way ethereum prices will not increase.  I know that alot of ethereum is currently in the market and that has affected the price but now we are going to have reduction of it.

I'm confused now, the exchange that I'm using already informed and emailed me that the hardfork will commence on March 1. And now you're saying that it's going to happen by this Feb. 28, 2019.

I'm trusting the exchange that I'm using when it comes to this kind of update activity but I just realized that this month has 28 days so,Yeah, there's really not that much difference with it.

The reductions will certainly increase the value of ETH, speculations are still showing that with this upcoming fork there's people who believes
that it will help the value to climb up, we can't tell when it will going to happen its a matter of acceptance and how traders will support the
trend.

In principle, Ethereum holders will receive nothing since they are not going to create a new coin, this is not that kind of fork. It's assumed that everyone will support this fork. Regarding the price, since there is going to be a block reward reduction, it's expected that the price will rise, especially if this fork brings improvements to the network.

I think there's a misunderstanding here. It's not a contentious fork. I don't see any real likelihood of a rival chain forming and managing to maintain itself. Effectively everything will move to the new forked chain. There won't be a new currency forming, it's not like the Eth Classic split after the DAO.

It's yet another fork that doesn't have a huge impact on token economics. I think those 5 days of green were the pump for the fork, and we've already corrected back to ground 0. We'll have to wait more for further gains.

The price are being hyped right before the hardfork because of many good speculation but its hard to know next the next step for ETH. If the price succeeds to pump high then much bettet, but if not better to remain calm and don’t panic because the price will still go up in a bull market.

I don't feel any huge effect in the market since it is all about upgrades of the system. Though some of us were might get into panic as it normal to happen to those who haven't trusted much into crypto but it possibly only small percentage will have that. It will turn back easily same thing happen in previous upgrades.

Hopefully the upgrades will bring us a good results in the future ethereum developments. Although it's not visible yet these days, I know one days we will see the good outcomes. Always be positive and never give up with eth, because soon we will experience the surprising rewards when the right time comes.

Will this hard-fork ethereum give birth to a new token? if the hard-fork gives birth to a new token, it will usually make the pump price before the hard-fork occur.

The usual impact on crypto users. We are always in a panic mode whenever we are facing this kind of situation, fork or upgrade. We do not know yet what's the major deviation of this from the current eth platform. So we are all just speculating on this matter.

I am not interested in this news, I have released ethereum a while ago. although there is the potential to rise with this hardfork moment.

yes, I think HF ETH this time will make ETH prices go up, but unfortunately this time HF did not produce new coins because HF now only aims to upgrade the system

Does anyone have any information on what the name of the new ETH will be? So far we have ETC , ETH , whats next?

Their will be two progres is going to happen in ETH on 28th Feb 2019, one is Constantinople and other is St. Petersburg Hard fork, which means two work is going to happen, which will be make ETH from POW to POS, So i think anything can happen. In POS  who ever is holding coin can start POS if i am not wrong. So the main whales will be getting benefited.

The main pope gets benefits, hmm ... a good chance for the pope.
But not to oppose Eth, and this will seem difficult to develop if you don't have the skills.

I think the price of ETH will soon increase today and February 27, then its price will fall like BCH. We are about to witness XRP taking second place.
Hard-fork episodes often cause the main coin to depreciate and we should accept the truth.

It isn't assured with ethereum, with ethereum experts have come up with a statement that the price of ethereum could rise or fall once after the entire hardforking gets completed. This seems to be the initial point, there is lot more to happen. Let's hope for the best.

There will not be a new coin, and ETH will keep being ETH. After all, for users nothing will change.

I believe the hardfork or upgrade will cause a price increase of ETH, since the miners reward is going to be reduce per block, so miners won't be selling so cheap anymore. The network is expected to improve too, the numbers of TPS is expected to increase. I hope the upgrade will be successful in other to bring back the glory of ethereum.

There will be no new coin this time, i think its more on the improvements so whether you hold eth or not, you still get nothing. The hype for the hardfork was done already, and many investors are just waiting for the result of the hardfork. I hope it can create up trend and never hit the dump price again.

Its good to be contented for whatever profit that you have. Its not sure that the price of ETH will pump because of the hardfork but hopefully yes. The price should start to increase now because few more hours and the hardfork will begin. Maybe in the next 10hrs the price will be high, but it can drop within 1hr only, the risk is clearly stated on this. Let’s see for this hardfork, and make no panic movements.

i dont wait any price change. it will swing around 150 dollars. bitcoin must be pumped for eth raise.

I am still confused with the hardfork issue, after the issue of the ETCV scam I began to hesitate with Hardfork this time. Even this issue does not make a positive effect on the price of ETH. there's nothing to wait for because Hardfork doesn't include airdrop for eth holders.

The block decrease will give long term growth for ethereum, so many times people have created awareness thread about that and that's your fault because the only real hardfork is only announced by core ethereum developers.

in fact, the ethereum Classic Vision fraud could actually be determined, but it was the informational propaganda that misled many users of cryptocurrency who were deceived because of this hardforka. As far as I know, the ethereum team announced further updating and development of ethereum, but without hardfork.

I don't analyze it myself, I usually listen and get information from friends. this is bad.
I have great hopes ETH will return after hardfork. BTW where do I have to subscribe to reliable news?

It's not a hard fork actually but just a network update, hardfork in my understanding is to change the whole algo and will issue a new coin.
The case of ETH is not, we are still using the same coin but we shifted from POW to POS.