Ethereum will explode after the upcoming hard fork of EtherZero?

[invot]

According to Mark Johnson, in Quora, "It is possible that Ethereum’s price will increase after the EtherZero (ETZ) hard fork on the 19th of January"

What do you think?

[anthi]

usually prices rise until the fork and then decrease
why should it be the other way round?

[nata777]

According to Mark Johnson, in Quora, "It is possible that Ethereum’s price will increase after the EtherZero (ETZ) hard fork on the 19th of January"

What do you think?

If to take an example bitcoin then I do not think that the etherium will grow after a fork, but in this market very honest unpredictable things that I will not be surprised to ethereum  grow after a fork

[MadZ]

usually prices rise until the fork and then decrease
why should it be the other way round?

I agree, I doubt it what the OP is saying is true (also who is Mark Johnson?). That being said, there could be some logic behind it. Suppose the current price increase is due to the hard fork, people are buying Ethereum so they can have Etherzero. It's entirely possible all these people will simply dump their forked coins and reinvest the profits into Ethereum, further boosting the price.

[MikuMiku]

Oh, the hard fork of the EtherZero is the reason why eth price pumps up so much. I think it will still increase a little bit more.

[Davinus]

No, why would it explode? the price is not even temptative at the moment. I do not know, but for me, ethereum will be very quiet during the next few weeks, it has already increased a lot. Maybe it can be $2000 before the middle of the year.

[cyptobill]

Shall we get some free ETZ if we keep ETH?

[luffare]

Shall we get some free ETZ if we keep ETH?

Yes, we shall if this info is not a fake:

How do you get your ETZ?
Hold the Private key, Keystore or Mnemonic Phrase:
Export your Private Key, Keystore or Mnemonic Phrase from wallet, then import them into the official EtherZero wallet to get ETZ. The EtherZero wallet is open source, you can download and run it locally.
Please note: Don't send your Private Key, Keystore or Mnemonic Phrase to anyone including the EtherZero team, or your ETH will be stolen. Recommend transfer ETH to your another wallet address before getting ETZ.
Do not hold the Private key, Keystore or Mnemonic Phrase:
If your Ethereum is kept in a trading platform or those wallets which do not support the private key derivation, you can ask the trading platform or wallet to get EtherZero for you. The users can contact the trading platform or wallet providers, and ask how to process it.
We will also contact the famous trading platforms and wallet providers to help you to get your ETZ.

[datento]

Are you saying am going to get some Etherzero if i hold eth till january 19th.

[xiaohang07]

The funny thing is you can buy ETZ right now using ETH. 1 ETZ = 0.0075 ETH. Man, is it some kind of joke?

[Lindazz]

A growing number of forks does lead to a rise in the price of the ETH in the short term, but in my opinion, these forks will eventually return to zero.

[Haunebu]

A growing number of forks does lead to a rise in the price of the ETH in the short term, but in my opinion, these forks will eventually return to zero.

I agree with you here. I have observed that forks generally tend to increase the value rather than decrease it in the long run as well as the short term for reasons beyond me and I feel that the upcoming hard fork of EtherZero will indeed help Ethereum explode in value in the near future. At this rate, Ethereum might reach $2000 by the end of next month with minimum hassle.

I can already see Ethereum touching $1500 within a few days which is why I feel that $2000 is not unrealistic and the fork will help it get there. This would help Ethereum stay in its 2nd position for a long time.

[Iamdeadlyz]

I think so since some people want to hop in with these forks to get free coins.

[JohnnyScience]

Ok seems another one to latch onto.  I'm not missing free ETZ!

[zeingrind777]

from the beginning, I already thought that the price of ethereum will be very high later on. and I've invested in ethereum and waited until the highest price arrived

[gudjhonson]

is it true hard fork will happen? can be given a definite source for it to be really certain and sure so don't be fooled just because it distorted news only. need to be careful and not fall for the sheer news only.

[bonipper]

It will fall after fork and then rise again. History repeats itself.

Traders will buy ethereum until the fork to get their free EtherZero, then dump both straight afterwards. They are only interested in short term profits. Be prepared for a price crash immediately after the fork.

[qigong13]

According to Mark Johnson, in Quora, "It is possible that Ethereum’s price will increase after the EtherZero (ETZ) hard fork on the 19th of January"

What do you think?

How and why the hard fork on the 19th of January help Ethereum’s price increase?

[kdn]

anytime a crypto makes it into the mainstream news/media the price pumps, people will be flooding to buy ethereum after hearing news of a fork even though they have no idea why.

[sirkings0003]

According to Mark Johnson, in Quora, "It is possible that Ethereum’s price will increase after the EtherZero (ETZ) hard fork on the 19th of January"

What do you think?

This could be possible going by experience with bitcoin. However, it think the price will first go down a little, before rising once again. The good thing is that ethereum is the most stable cryptocurrency in recent history, so the price would not go down much.