what will happen for ethereum when byzantium goes live on oct 17th?

[pure_happiness_inside]

What do you guys think will happen in the coming days to ethereum, given the metropolis upgrade? Yes, I'm wondering about what will happen to the PRICE, and also if a chain split will happen, and if Constantinople might happen shortly after Byzantium, or if it will happen in 2018...

Here's a summary of metropolis:
Metropolis is the third of four planned upgrades for ethereum upgrade, and is being done in two parts:
Byzantium - started on Sept 18th, 2017 on test networks (block 1.7m) and go live on Oct 9th
Update: delayed to Oct 17th
Constantinople - tentatively some time in 2018

upgrades introduced in Byzantium:
 - foundations for zero-knowledge proofs
 - abstractions
 - simplified programming in solidity
 - mining difficulty time bomb

[logicinflux]

As far as I know, it's a non-contentious hard fork, which means a consensus of the new chain.

[GazorpPozorpec]

In theory this should push the price up in Ethereum, because a lot of people getting fork immediately exchange it for Ethereum.

[pure_happiness_inside]

Sorry guys, this is delayed until October 17th.

Yea from what I understand, there wouldn't be a chainsplit if everyone follows along, but there may be one if not?

[Fundamentals Of]

As far as I know, it's a non-contentious hard fork, which means a consensus of the new chain.

That is correct. It does not have a very serious or vital effect to the fate or even the price of Ethereum. This might give a little pump of Ethereum after the implementation. I am a little less excited for this. I am excited for Ethereum to finally hit $500 per ETH though. 

[keyrun]

With rising competition, ethereum is trying its best to stay on the no 1 position. But one of the major problem of ethereum is its size of node which seems far from resolving.

[limmousine]

I think there is nothing to worry about, if we worry that it will have a negative impact on this and many people will experience panic sell, this is what we should avoid. I hope after this upgrade the etherium price can go up and above $ 500.

[pure_happiness_inside]

most people say that it is non contentious and there will not be a chain split.

However, please help me understand something -- the difficulty time bomb that will be introduced in this update will help ethereum introduce POS in about a year's time -- at that time the difficulty level will become so high that essentially people would be forced to switch to POS or freeze. So wouldn't you think that some miners would still want to mine, and if they want to do that, they wouldn't accept this update which has the difficulty time bomb??

[pure_happiness_inside]

so another way of saying this is, isn't accepting this update equivalent to accepting POS, because it means accepting the difficulty time bomb?

so essentially this means that POS is noncontentious? can't people that want to mine just simply not accept, fork, and have something that they can keep mining??

Am I missing something?

[VeeTeaSee]

i dont think that something will happen to ethereum at 17th, just because of this coin
in the long run Ethereum can lose his market value, but i dont think that the price will be hurt
the price may just stay the same for the long run, and maybe other platforms will catch it up someday
there is a very big competition, i think this competition winner will be KMD but its just my opinion

[bitcoinvestor]

As far as I know, it's a non-contentious hard fork, which means a consensus of the new chain.

Oh yes, if it is not a matter of hard fork, I think most users or miners will not care about it. The price will be stable, If it is going to be hardfork like eth to etc that will create new eth, there will be big problem. It is going to be a real test for eth platform, if it is succesful , the price will jump if not the price will be down.

[Rastadon]

What do you guys think will happen in the coming days to ethereum, given the metropolis upgrade? Yes, I'm wondering about what will happen to the PRICE, and also if a chain split will happen, and if Constantinople might happen shortly after Byzantium, or if it will happen in 2018...

Here's a summary of metropolis:
Metropolis is the third of four planned upgrades for ethereum upgrade, and is being done in two parts:
Byzantium - started on Sept 18th, 2017 on test networks (block 1.7m) and go live on Oct 9th
Update: delayed to Oct 17th
Constantinople - tentatively some time in 2018

upgrades introduced in Byzantium:
 - foundations for zero-knowledge proofs
 - abstractions
 - simplified programming in solidity
 - mining difficulty time bomb

I don't about the chain split will have happened again, have you seen about the discussion of the ethereum dao hardfork? vitalik said that ethereum already done a lot of the fork but only the dao that generate the new currency such as ethereum classic.

[DigeNarrator]

what can happen to ethereum?
you think someone will dump a big amount of ethereum or something?
i dont think that it will happen, ethereum will stay around for a long time...
(  i dont say that its good )

[pure_happiness_inside]

http://www.cahf.co/

[numiv]

That is correct. It does not have a very serious or vital effect to the fate or even the price of Ethereum.  I am a little less excited for this. I am excited for Ethereum to finally hit $500 per ETH though.    This might give a little pump of Ethereum after the implementation.

[Lucky_U]

I think Ethereum is growing now becaurse Byzantium is comming. Around 17 October price will go to 300$ again.