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Author Topic: Will the Ethereum Fork bring about price increase?  (Read 625 times)
prasad87
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January 17, 2019, 11:34:04 PM
 #21

I learnt that the ethereum fork will bring about reduction in reward per block for miners from 3ETH to 2ETH thereby causing Ethereum to be scarce.

My question is will the scarcity bring about signifant increase in price?
There's no fundamental reason for ETH to pump during the time of the fork as the fork itself has been announced for a while.
Your best bet is a combination of:
1. Manufactured hype to pump the price
2. People actually reading up on ETH 2.0 and the upcoming updates
But by the looks of it, the pump never happened

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rodel caling
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January 17, 2019, 11:44:12 PM
 #22

I learnt that the ethereum fork will bring about reduction in reward per block for miners from 3ETH to 2ETH thereby causing Ethereum to be scarce.

My question is will the scarcity bring about signifant increase in price?



Possible after fork it's bring ethereum for proce increase, but at thi moment there have nothing significant signals for the price increase, may a week from now therir have a good result for the fork.
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January 18, 2019, 12:42:44 AM
 #23

Two forks turned into scams and the last, the true one - Constantinople hard fork was postponed. So it doesn´t help the price with growth, but it has negative impact on the price.
Because it was delayed so people who started piling up ethereum for the upgrade throws it again into some other altcoins.

The two scam forks, just forget about it. They were already busted and feel sorry for the boys who got scammed by these scams. Next time to the victims, you should be more skeptic in such things like fork so you will be more careful next time.
Sephire
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January 18, 2019, 01:13:48 AM
 #24

The fork news is already priced in the market. Ethereum will increase primarily if market starts going up and not really because of this fork.
mirawantirinjana
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January 19, 2019, 03:25:28 PM
 #25

some coins have experienced price developments after the coin did Hardfork, but now there has not been a noticeable change in the price of ethereum.
el_lobo
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January 19, 2019, 04:21:07 PM
 #26

I also hope that this fork pushes the price up again.
That is why i think it is too bad that the fork was postponed.
But as the market behaves, i am not sure if it really brings the price up.
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January 19, 2019, 04:58:15 PM
 #27

I believe every forking really disturb actual price and mostly lead them into downtrending.
So about ETH, if we see the current situation, It's difficult to see uptrend after forking.
All we can do is wait patiently , just hold it !

Smiley
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January 19, 2019, 06:00:25 PM
 #28

I learnt that the ethereum fork will bring about reduction in reward per block for miners from 3ETH to 2ETH thereby causing Ethereum to be scarce.

My question is will the scarcity bring about signifant increase in price?

I think that at the beginning we will not see large increases in Ethereum prices. However, if the fork will succeed and everything will work as the developers have planned, it will be a very solid basis for the Ethereum price to grow even x5 in the time of few months.


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South Park
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January 19, 2019, 06:31:35 PM
 #29

Because it was delayed so people who started piling up ethereum for the upgrade throws it again into some other altcoins.

The two scam forks, just forget about it. They were already busted and feel sorry for the boys who got scammed by these scams. Next time to the victims, you should be more skeptic in such things like fork so you will be more careful next time.
While I also feel sorry for all the people that lost their money to those scammers they really do not have an excuse, it was said many times the fork is not going to be contentious so a new coin was not going to be generated and yet they fell in such a trap, the smallest investigation about the topic should have raised some red flags and after some forum members exposed the fraud then that should have been enough to stop those scammers, but it did not, which show to us most people invest based solely in the hype of a coin.
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January 19, 2019, 10:20:33 PM
 #30

The fork news is already priced in the market. Ethereum will increase primarily if market starts going up and not really because of this fork.
Its already pumping now again and I think that hardfork will not bring good price with ETH not unless if we are in a bull market. If bitcoin starts to grow again, the market will follow and ETH also depend on bitcoin so its not east to pump the price alone.
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January 19, 2019, 11:12:13 PM
 #31

ETH deceived everyone again.. another delay from the developers.. the worst is that they should suspected this woudl happen, and shouldnt have waited until last minute to inform about this.. i find this very unfair for all of us, that were expecting something great and were dissapointed, like last time, during november, with another failed hardfork.

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January 19, 2019, 11:13:11 PM
 #32

The fork news is already priced in the market. Ethereum will increase primarily if market starts going up and not really because of this fork.
Its already pumping now again and I think that hardfork will not bring good price with ETH not unless if we are in a bull market. If bitcoin starts to grow again, the market will follow and ETH also depend on bitcoin so its not east to pump the price alone.

The most important thing is that hardfork should be done without errors. If the update improves the Ethereum network, even without a bull run Ethereum price will definitely begin to grow. I think we should not worry about the future of Ethereum. In my opinion ETH has a chance to catch up with BTC this year.
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January 19, 2019, 11:19:09 PM
 #33

I do not think that this event will greatly affect the price of Ether. Most likely the price will increase slightly. Now is not the time when the price is rapidly going up.

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January 19, 2019, 11:40:27 PM
 #34

Price increases on ETH or all altcoins and bitcoins don't depend on their system. Supply and demand are two factors that can make the price of the crypto currency rise and fall and what determines both factors are all investors. ETH fork has finished, but I still haven't found interest in buying ETH, unlike with the fork that has happened.
prasad87
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January 19, 2019, 11:58:01 PM
 #35

I believe every forking really disturb actual price and mostly lead them into downtrending.
So about ETH, if we see the current situation, It's difficult to see uptrend after forking.
All we can do is wait patiently , just hold it !
Agreed. I don't see Ether pumping now, unless BTC leads the way with green candles.
But once again it's ETH being reliant on BTC, detatching is not going according to plan  Grin

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January 20, 2019, 06:10:21 AM
 #36

It is not about that you will get coin for the fork. It is only a system upgrade like as you said in the first post that block rewards will halve and it will turn into PoS coin. So, ethereum market will get no extra exposure. I do not think it is going to increase the price.
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January 20, 2019, 07:24:50 AM
 #37

some people believe this, maybe including me is someone who believes in these statements or predictions. let's just wait for the development of ethereum prices after this fork.
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January 20, 2019, 01:53:49 PM
 #38

It will not do much in the short term, it has gone down and now ripple has overtaken ethereum to the number 2 spot. What will increase demand is good quality ICOs running on the ethereum platform, so far there aren't that many compared to last year

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January 20, 2019, 02:00:28 PM
 #39

The fork news is already priced in the market. Ethereum will increase primarily if market starts going up and not really because of this fork.
Its already pumping now again and I think that hardfork will not bring good price with ETH not unless if we are in a bull market. If bitcoin starts to grow again, the market will follow and ETH also depend on bitcoin so its not east to pump the price alone.
The hardfork especially related to the POS migration will give ethereum a long term sustainable increase. You should read how strong the fundamentals that created by ethereum through its fork. POS switch will become the main bet in the future and this must be true.

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January 20, 2019, 02:36:55 PM
 #40

I believe every forking really disturb actual price and mostly lead them into downtrending.
So about ETH, if we see the current situation, It's difficult to see uptrend after forking.
All we can do is wait patiently , just hold it !
Agreed. I don't see Ether pumping now, unless BTC leads the way with green candles.
But once again it's ETH being reliant on BTC, detatching is not going according to plan  Grin
The update of the recent ethereum fork is all about the system enhancement as this will half the mining reward and this will reduce daily dumping from those miners. In the future this will make difference as the amount of ethereum token that will dumps daily will reduce with this upgrade and this will makes the price of ethereum will rise in the coming months.
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