[ANN] Ethereum: Welcome to the Beginning

[mr_random]

No need to call the small price increase as an alt season, the alt season has not started yet, there is a long way to reach the average price of the previous all-time high market values.  Ethereum will relinquish the downtrend and the altcoins will start to take a deep breath in the next year. Beginning of the end will be known in a year following the PoS.

I don't agree with the arguments regarding the HYPE and it is too early to celebrate the alt season. The price is under $500 and there is a big room for the Ethereum to reach higher prices above $350.  Everything is visible in the charts and the prices will hit the old ATH again. Next year will be very interesting for the crypto traders from my understanding.

[rz20]

One of the few coins that is still mineable at home by a hobbyist and provides decent profits.  Its going to suck when they go full POS and there is nothing left for the little guys.

It depends on how they'll implement it, if it'll reward even 1 ETH holders then everyone will be able to join if they want.
Unfortunately I think they plan to allow PoS only to the few top wallets.... in any case even now most ETH are going to the ones already rich enough to invest in expensive mining equipment.

But don't worry... judging by their past update speed, the PoS should be activated at about 2050!

I don’t know what everyone is wearing in this ETH, there are already many other blockchains where you can create your tokens, where the transaction speed is higher. Well, if the POS is introduced only for the elite (whales), just definitely do not need ETH.

there are many other things that eth make special. one of them is eth blockchain is very easy to use relaible also. everything is not only depends on the speed. look at bitcoin its very slow to make a transaction and you can not make any token on that blockchain but its demand is great

Yeah many things are getting ready to be show off like bitpay will soon support ethereum payments and ethereum 2.0 is on the way.
Yeah I really like the ethereum blockchain and indeed very reliable, well bitcoin dominance is going down 67.4% and investors buying ethereum.

ETH 2.0 is what I am most excited about right now. ETH 2.0 + some mainstream company adapting ETH chain could help push ETH price above $350. Hopefully, they will soon make an announcement about that.

[CryptTech]

One of the few coins that is still mineable at home by a hobbyist and provides decent profits.  Its going to suck when they go full POS and there is nothing left for the little guys.

It depends on how they'll implement it, if it'll reward even 1 ETH holders then everyone will be able to join if they want.
Unfortunately I think they plan to allow PoS only to the few top wallets.... in any case even now most ETH are going to the ones already rich enough to invest in expensive mining equipment.

But don't worry... judging by their past update speed, the PoS should be activated at about 2050!

I don’t know what everyone is wearing in this ETH, there are already many other blockchains where you can create your tokens, where the transaction speed is higher. Well, if the POS is introduced only for the elite (whales), just definitely do not need ETH.

there are many other things that eth make special. one of them is eth blockchain is very easy to use relaible also. everything is not only depends on the speed. look at bitcoin its very slow to make a transaction and you can not make any token on that blockchain but its demand is great

Yeah many things are getting ready to be show off like bitpay will soon support ethereum payments and ethereum 2.0 is on the way.
Yeah I really like the ethereum blockchain and indeed very reliable, well bitcoin dominance is going down 67.4% and investors buying ethereum.

ETH 2.0 is what I am most excited about right now. ETH 2.0 + some mainstream company adapting ETH chain could help push ETH price above $350. Hopefully, they will soon make an announcement about that.

That would be great!

[TeraBite]

ETH 2.0 is what I am most excited about right now. ETH 2.0 + some mainstream company adapting ETH chain could help push ETH price above $350. Hopefully, they will soon make an announcement about that.

Although adoption is growing rapidly but who is this mainstream company which is about to go make this big announcement to give big boost the price. At the moment situation is totally different as compare with year 2017 than there was a big craze about new ICOs and now they want real use case to keep growing.

[ice18]

ETH 2.0 is what I am most excited about right now. ETH 2.0 + some mainstream company adapting ETH chain could help push ETH price above $350. Hopefully, they will soon make an announcement about that.

Is 2.0 ready enough to announce right now to all eth fans and users around the world? I heard they will introduce pos and sharding technology to boost eth speed performance, many new blockchain projects right now are also introducing this sharding as a solution for transaction issues which is really effective according to some testnets, if they will announce it this year Im sure you are correct price will increase rapidly.   

[henke1]

coindesk is dogshit.    meh

hmm ...    -> https://www.coindesk.com/everyones-worst-fears-about-eos-are-proving-true

[dreamax25]

Ethereum is finally showing some bullish signs, what can we expect?

Read more:

https://coincodex.com/article/5184/ethereum-price-analysis-eth-soars-21-against-btc-can-we-head-toward-0025/

[RivAngE]

Ethereum is finally showing some bullish signs, what can we expect?

Read more:

https://coincodex.com/article/5184/ethereum-price-analysis-eth-soars-21-against-btc-can-we-head-toward-0025/

Even higher gas prices, that's what we should expect!

"You want to trade an item in NFT form? Great! Pay $0.50 to get it from point A to point B!'"
"Oh what was that? You want to breed those pets? That'll be $0.50 fee for the developers and $2.00 for the gas of the computation power"

Amazing things are ahead of us!

[bkbirge]

POS (what an unfortunate acronym) will be great when it gets going, for the health of the network I think, but I don't really get why people think it will be all that great to stake your coins. The interest rate isn't that much and the penalties if your machine gets hacked and tries to double spend are pretty severe. At least that's my neophyte understanding of it. I guess the rate is better than cash at your local saving's account but even a bog standard 401k will outperform it. POS seems like a technical necessity for growth and stability but it's not going to be a giant windfall to large hodlers IMO.

[percy_tc]

Nice correction! ETH is heading at least to 0.025 BTC

[thorRJ]

Nice correction! ETH is heading at least to 0.025 BTC

Good and if this correction reached at least half of the value that reached the beginning of 2018

[Rozita]

ETH 2.0 is what I am most excited about right now. ETH 2.0 + some mainstream company adapting ETH chain could help push ETH price above $350. Hopefully, they will soon make an announcement about that.

Is 2.0 ready enough to announce right now to all eth fans and users around the world? I heard they will introduce pos and sharding technology to boost eth speed performance, many new blockchain projects right now are also introducing this sharding as a solution for transaction issues which is really effective according to some testnets, if they will announce it this year Im sure you are correct price will increase rapidly.   

Nothing is scheduled for this year. The first stage of upgrading of Ethereum's network will take place on January of next year.
Here is the link of the news on cointelegraph:
https://cointelegraph.com/news/ethereum-20s-phase-zero-scheduled-to-launch-on-january-3-2020-devs

[Natalim]

Nice correction! ETH is heading at least to 0.025 BTC

Good and if this correction reached at least half of the value that reached the beginning of 2018

You are talking about 500 usd, well, that could be possible by the end of the month if the increase will be consistent.
The last quarter is a good time for ETH to rise, just like what it did in the last 2017 and reached an ATH in the early in the following year.

https://coinmarketcap.com/currencies/ethereum/#charts (we might see the same trend that happen in 2017, check the graph...)

[rdbase]

Nice correction! ETH is heading at least to 0.025 BTC

Good and if this correction reached at least half of the value that reached the beginning of 2018

You are talking about 500 usd, well, that could be possible by the end of the month if the increase will be consistent.
The last quarter is a good time for ETH to rise, just like what it did in the last 2017 and reached an ATH in the early in the following year.

https://coinmarketcap.com/currencies/ethereum/#charts (we might see the same trend that happen in 2017, check the graph...)

It is decoupling itself away from bitcoin price as the price has risen $10,320 but now the price of eth has dropped since its been rising steadily for the past couple of hours.
It is at $216 and reached an all time high for the past few months of $223 earlier today.

[rz20]

Nice correction! ETH is heading at least to 0.025 BTC

Good and if this correction reached at least half of the value that reached the beginning of 2018

You are talking about 500 usd, well, that could be possible by the end of the month if the increase will be consistent.
The last quarter is a good time for ETH to rise, just like what it did in the last 2017 and reached an ATH in the early in the following year.

https://coinmarketcap.com/currencies/ethereum/#charts (we might see the same trend that happen in 2017, check the graph...)

For that to happen we will also need bitcoin to be a little bit more stable because whenever bitcoin is bitcoin goes up or down mostly all altcoins suffers.

[RivAngE]

Nice correction! ETH is heading at least to 0.025 BTC

Good and if this correction reached at least half of the value that reached the beginning of 2018

You are talking about 500 usd, well, that could be possible by the end of the month if the increase will be consistent.
The last quarter is a good time for ETH to rise, just like what it did in the last 2017 and reached an ATH in the early in the following year.

https://coinmarketcap.com/currencies/ethereum/#charts (we might see the same trend that happen in 2017, check the graph...)

It is decoupling itself away from bitcoin price as the price has risen $10,320 but now the price of eth has dropped since its been rising steadily for the past couple of hours.
It is at $216 and reached an all time high for the past few months of $223 earlier today.

The price is starting a race with XRP's price again!
I believe it'll be overtaken by XRP again which at the moment has a market cap of 50% of Ethereum.

XRP is a store of value because of its declining availability and a mean of transactions because of its speed.
But Ethereum is an utility used for apps, which at the moment is arguably something impossible to do with those gas prices.

[Rozita]

The price is starting a race with XRP's price again!
I believe it'll be overtaken by XRP again which at the moment has a market cap of 50% of Ethereum.

But XRP is centralized and has not the main feature of cryptocurrencies. Many people believe that XRP is not even a cryptocurrency. Also consider the Ethereum's upgrade to Ethereum 2 which will cause scalability problem to be solved. It is really difficult for XRP to overcome Ethereum.

[dr.cheema]

Nice correction! ETH is heading at least to 0.025 BTC

Good and if this correction reached at least half of the value that reached the beginning of 2018

You are talking about 500 usd, well, that could be possible by the end of the month if the increase will be consistent.
The last quarter is a good time for ETH to rise, just like what it did in the last 2017 and reached an ATH in the early in the following year.

https://coinmarketcap.com/currencies/ethereum/#charts (we might see the same trend that happen in 2017, check the graph...)

It is decoupling itself away from bitcoin price as the price has risen $10,320 but now the price of eth has dropped since its been rising steadily for the past couple of hours.
It is at $216 and reached an all time high for the past few months of $223 earlier today.

Ethereum will go up steadily again because many interesting things coming that making ethereum more attractive.
This month ethereum could hit $250 easily, on the other hand gas price is getting high..
https://cointelegraph.com/news/ethereum-tests-25-capacity-increase-as-network-fees-hit-bitcoin-level

[RivAngE]

The price is starting a race with XRP's price again!
I believe it'll be overtaken by XRP again which at the moment has a market cap of 50% of Ethereum.

But XRP is centralized and has not the main feature of cryptocurrencies. Many people believe that XRP is not even a cryptocurrency. Also consider the Ethereum's upgrade to Ethereum 2 which will cause scalability problem to be solved. It is really difficult for XRP to overcome Ethereum.

Ethereum 2 is being expected for more than a year now, so I'll reconsider my thinking when this comes... maybe by that time XRP is also hugely improved?

As for your other argument, I don't want to open a big discussion about XRP here, it has its own thread for that.
Let me only say that we don't have any truly decentralized coin in the high market cap league; for the rich people will always have a way to become richer (see ASIC manufacturers in Bitcoin, GPU farms in Ethereum, escrowed XRP for Ripple Labs).

[rz20]

Nice correction! ETH is heading at least to 0.025 BTC

Good and if this correction reached at least half of the value that reached the beginning of 2018

You are talking about 500 usd, well, that could be possible by the end of the month if the increase will be consistent.
The last quarter is a good time for ETH to rise, just like what it did in the last 2017 and reached an ATH in the early in the following year.

https://coinmarketcap.com/currencies/ethereum/#charts (we might see the same trend that happen in 2017, check the graph...)

It is decoupling itself away from bitcoin price as the price has risen $10,320 but now the price of eth has dropped since its been rising steadily for the past couple of hours.
It is at $216 and reached an all time high for the past few months of $223 earlier today.

The price is starting a race with XRP's price again!
I believe it'll be overtaken by XRP again which at the moment has a market cap of 50% of Ethereum.

XRP is a store of value because of its declining availability and a mean of transactions because of its speed.
But Ethereum is an utility used for apps, which at the moment is arguably something impossible to do with those gas prices.

I don't think Ripple will be overtaking ETHereum anytime soon and even if it did I don't think that it will stay at rank number 2 for a long time.