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Author Topic: What is the reason of ETH bull run?  (Read 22606 times)
cryptofirm
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December 24, 2018, 11:23:00 PM
 #41

I wonder what is the main reason why did the ethereum is on bull run? Is it because of the Constantinople upgrade?

i believe a lot of good news coming to crypto especially ethereum next year
if i'm not wrong, in fumdamentally good news will create new demands my friend

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December 24, 2018, 11:27:03 PM
 #42

That's a good question to be honest. The easiest answer would be to say that Constantinople will hit at the end of January, but I think there is more to this strong rise. I also think that ETH got hardly oversold and now the price is correcting itself to some healthy level.

Also, the overall bull market right now is definitely helping, almost everything is rising.

It's how the market behaves, since it experience a down trend for the past month and now it definitely should be a bounce back. Since BTC is also recovering, then everything should always be followed. This is why we should always be have some trust about it because it will always gives a better price for the sake of hodling.
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December 24, 2018, 11:29:52 PM
 #43

I wonder what is the main reason why did the ethereum is on bull run? Is it because of the Constantinople upgrade?

I think the main reason for the bull run of ETH is the high demand of this crypto at the end of this year when X'mas are coming, and a lot of people want to buy ETH to hold in the next year 2019. The hard fork of Ethereum will occur in January 2019, and I think the price of ETH will rise after it happened.
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December 24, 2018, 11:49:27 PM
 #44

There are two main reasons why Ethereum is pumping during the last several days. First of all within 3 weeks there will be an Ethereum hardfork and people are buying some Ethereum to get a new coin and secondly the devs have announced Ethereum 2.0 blockchain update.
I really had a lot of surprises when I looked at the price of the ETH coin, and I was very concerned about the reason why the ETH has soared recently. And now I understand, thank you for your sharing.
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December 25, 2018, 02:32:44 AM
 #45

I wonder what is the main reason why did the ethereum is on bull run? Is it because of the Constantinople upgrade?

Well I guess the hardfork has something to do to it, becuase they said, in the future there will be a hardfork that will going to happen. Another thing is that, ERC 20 will going to be listed on coin base and I guess it has a positive implication to ETH. That is why people are investing way too much now in Eth compared to other cryptocurrency in the cryptocurrency space.

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December 25, 2018, 03:04:46 AM
 #46

I wonder what is the main reason why did the ethereum is on bull run? Is it because of the Constantinople upgrade?

I guess most are positioning already for the Constantinople upgrade this coming January.
Either the price continues the uptrend or it falls a week before the upgrade.

Let's look forward to a brighter New Year for Ethereum platform.  Grin
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December 25, 2018, 04:45:20 AM
 #47

I wonder what is the main reason why did the ethereum is on bull run? Is it because of the Constantinople upgrade?

I think the main reason for the bull run of ETH is the high demand of this crypto at the end of this year when X'mas are coming, and a lot of people want to buy ETH to hold in the next year 2019. The hard fork of Ethereum will occur in January 2019, and I think the price of ETH will rise after it happened.
I will not try to argue with your post but it looks like totally wrong and why? did you see that? The market has plunged again and it could be another horrible thing to create panic sell. But ETH still remain strong consider it has gained the major support again.

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December 25, 2018, 04:56:25 AM
 #48

I wonder what is the main reason why did the ethereum is on bull run? Is it because of the Constantinople upgrade?
I think yes, ETH will become much more stronger against BTC, due to their January mainnet upgrade. Also ETH price fell huge and now time to grow up.
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December 25, 2018, 05:08:58 AM
 #49

Well the market seems to be dumping today after 5 or so green days. But hopefully the next 24 hours we'll see the green regain some steam.

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December 25, 2018, 05:44:10 AM
 #50

~snip~
Ethereum and reasons for its growth in 2019
~snip~

Ohh, I see ETH bull run because of this news...

I was through is just an ordinary pump from Whales. But unfortunately, I rekt didn't buy ETH when is still reach under $100  Cry

I hope ETH can reach at least $150 at the end of this year...
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December 25, 2018, 05:53:50 AM
 #51

I wonder what is the main reason why did the ethereum is on bull run? Is it because of the Constantinople upgrade?

Well I guess the hardfork has something to do to it, becuase they said, in the future there will be a hardfork that will going to happen. Another thing is that, ERC 20 will going to be listed on coin base and I guess it has a positive implication to ETH. That is why people are investing way too much now in Eth compared to other cryptocurrency in the cryptocurrency space.

I doubt any of these reasons had anything to do with Ethereum rallying recently. The primary reason for this rally in my opinion is the rally by Bitcoin(King of the cryptocurrency market) which helped many popular cryptocurrencies in this manner.

This market works in mysterious ways. Bitcoin is the primary driving factor for this market and many people seem to forget that for some silly reasons. I highly doubt this rally will continue for long and this could simply be a mini rally.


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December 25, 2018, 07:35:15 AM
 #52

This is a reason, but I think as long as it wants to regain the second position, but this has been predicted by XRP, so it has failed, but I believe it will come beyond XRP. XRP also rose yesterday.
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December 25, 2018, 08:05:20 AM
 #53

I think there should be a definite reasons for this bull run of Ethereum. If it continues like this for another week, then it will be a signal for strong bullish trend. There are also rumors that Ethereum 2.0 is coming and it will be a fork of Ethereum 1.0 which means people are buying this in order to get access to Ethereum 2.0.
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December 25, 2018, 12:17:49 PM
 #54

Bull market for ethereum is as a result of unsustainable price dumping of ether! The season of holiday and positive feeling it generate might also contributed to the bull!
Constantinople upgrade bull is coming on it's own! So, get ready!

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December 25, 2018, 01:05:26 PM
 #55

Hardfork is the main reason of the pump, because people are buying Ethereum to get some free coins. Another great update is that the major update of blockchain is going to be released in the first quarter of 2019.
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December 25, 2018, 03:16:33 PM
 #56

I wonder what is the main reason why did the ethereum is on bull run? Is it because of the Constantinople upgrade?

I think it is just a correction occurred in ETH value because it's value has dropped too much this year.
But if ETH successful upgrading their network, surely it will affecting the price of ETH in the market.
But we cannot conclude it is a bull run yet, because it could be only a small correction.

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December 25, 2018, 03:36:46 PM
 #57

Yes, it looks like a correction inside a downtrend. The reason for this correction may be the closure of short positions before the Christmas holidays in order to take profits.

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December 25, 2018, 03:40:22 PM
 #58

I can’t call it a bull wound, as this price rise is quickly over and now there are prerequisites to go back down
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December 25, 2018, 03:43:40 PM
 #59

Merry Christmas maybe the reason for the ETH prices to increases,and also the other crypto currencies.

But all the crypto currencies were again coming to their bottom level near in the last 24 hours,so we cn't find the accurate reasons for these movements since it is highly common volatile in the crypto prices.

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ginobitcoiner
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December 25, 2018, 04:27:51 PM
 #60

many people argue that ethereum will be a bull run when their hard fork was created in January next year, but the reason that makes the most sense to me is because when bitcoin bulls run then that's the reason that will make the reason ethereum follow it

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