Will Ethereum's price surge this week because of the Constantinople?

[tomahawk9]

Very unlikely. For starters, this isn't a fork that will give users new coins, this is simply an update on the network, so you won't see people jumping into ETH to claim new coins and then dump them like it happens with BTC forks.

Price-wise, I don't think we'll see any big movements, this update won't trigger any kind of buying pressure or pump, I believe things will stay relatively the same in terms of price after the update so I wouldn't expect a big surge.

[suzanne5223]

All eyes are on ethereum right now. The recent flash dump started with ethereum so if ETH pumps then the rest of the market will follow. We can expect good things towards the end of this week (assuming all goes well with the hardfork)

I supported what you said because the bearish trend is still alive in the crypto market and if the market posed some pump trend movement then it will Ethereum hard forks and the bitcoin ETF news that generate the pump trend in the crypto market.

[South Park]

Will Ethereum's price surge this week because of the Constantinople? I hope so !

The chances of that happening are high and we do not have to wait much since the update is scheduled to happen in one day, however it is also possible the update has already been priced by the market and nothing happens so be ready to get out of your position to find more profitable coins if that happens, however if I consider the two failed attempts to make this update it seems to me the market will not price the update until it is finally a reality.

[kingzpro]

Everyone hopes the same my friend and we should stay optimistic always but only time will tell if eth makes that decisive move and breaks the resistance of 170 and then 200 to confirm reversal and starts a new uptrend that can help eth to recover back to 1000 and above levels or not but yes hopes are high.

[Sinone]

IMHO it will be some technical problems as usual in eth) and nothing will happen)

How do you know? I think this time ETH hard fork will take place. Though I don't think this fork will make good effect on price. If bitcoin price grows then Ethereum price will be growing automatically. We need to wait what changes make this hard fork on Ethereum.

[Skyshark]

Will Ethereum's price surge this week because of the Constantinople? I hope so !

I assume that, that will be everybody's desire. With every cryptocurrency' hard fork or upgrade, naturally a price surge is every enthusiasts looking forward in happening [fingers cross].
Although it is still unclear as of this moment what the effect of this upgrade may bring, i am very hopeful that it will have a successful outcome for Ethereum over all [price included]. One analyst pointed out that despite bearishness, ETH does have a lot of buying pressure around its current price levels.

[Ararbermas]

Will Ethereum's price surge this week because of the Constantinople? I hope so !

nope.  It will make a progress only once BTC starting to accumulate strength and gradually making a progress. Yes because since market always  collapse ..ETH and other altcoin become affected and always drop down as well after bitcoin. And this a big reference that eth will not surge as long bitcoin is keep bleeding.   Check coinmarketcap mate.

[CryptoTech_]

it depends on the hardfork itself, does hardfork run smoothly and successfully? I think yes the price of ETH will rise if Constantinople goes smoothly and vice versa the price of ETH will come back down if Constantinople fails again

[rosmerius]

Many hope that there will be an increase with the hardfork of Constantinople, but the market shows as usual, a move that is not surprising but still good. The price goes down and still remains in its position.

[Japinat]

Will Ethereum's price surge this week because of the Constantinople? I hope so !

We will see but I'm not expecting a surge of price.
I would like to see more development than the price action alone, with what we have witnessed recently, it's just a pure pump and dump
and we don't need that in this market to grow, we need constant growth that is not driven by hype alone.

[magisterr]

Etherscan have a countdown for hardfork (its remaining only 12 hous). I think price will increase after fork only if they will have some really existing and usefull updates

[extremegym]

Will Ethereum's price surge this week because of the Constantinople? I hope so !

surely it'll positively affect the price, maybe not immediately, but it's gonna happen.

[Vit83]

Etherscan have a countdown for hardfork (its remaining only 12 hous). I think price will increase after fork only if they will have some really existing and usefull updates

I see high volumes today on eth/usd pair. But it is still under 140 usd. This looks strange.

[arpon11]

Will Ethereum's price surge this week because of the Constantinople? I hope so !

Ethereum should be in good condition by this week because of the hardfork.  I believe that this is also going to affect the cryptocurrencies market because many coins are depending on ethereum for grow.  We should not expect much bull run now but in a long-term it will definitely going to be.

[ausbit]

Will Ethereum's price surge this week because of the Constantinople? I hope so !

Yes I believe the price of ethereum will surge this week not just because there is going to be an hard fork on the blockchain to bring a better upgrade for the community, but because people know that the fork will give them a lot of free money even if not now, in the nearest future. This is same experienced we had during the bitcoincash fork which give people a lot of free money so no one want to miss out.

[Suharti12]

I think this week for ethereum there is also a slight increase compared to last month, because I see the current market price movements are increasing, so I'm sure ethereum will also continue to increase in the future.

[Bharathi13]

IMO the price will drop initially because of some technical issues & later when that resolved price will grow gradually as with Constantinople hard fork ethereum is implementing its consensus mechanism from proof of work to proof of stake which will award validators for maintaining the network. Also the block rewards has been reduced by introducing difficulty bomb which will reward miners 3 eth as compare to 5eth.

[Fredomago]

IMO the price will drop initially because of some technical issues & later when that resolved price will grow gradually as with Constantinople hard fork ethereum is implementing its consensus mechanism from proof of work to proof of stake which will award validators for maintaining the network. Also the block rewards has been reduced by introducing difficulty bomb which will reward miners 3 eth as compare to 5eth.

From the testing grounds, it will not a quick rise but it will soon do that, there's still things that needed to be well understood regarding to this constantinople update, for me this reducial of rewards might bring impact to the value, observing the market right now and try to make a good position
before the actual fork will happen.

[mdzahed134]

Will Ethereum's price surge this week because of the Constantinople? I hope so !

I don't think because only three hours fourteen minutes left to finish Ethereum Constantinople Hard Fork current block 7279415 and hard fork at block 7280000 and 585 blocks to go so still there are no changes eth price even it’s now red. Last hard fork was fail i hope it will be successfully finish. Live count down here  https://www.coingecko.com/en/explain/ethereum_constantinople_hard_fork

[slackcryptoz]

Will Ethereum's price surge this week because of the Constantinople? I hope so !

I don't think because only three hours fourteen minutes left to finish Ethereum Constantinople Hard Fork current block 7279415 and hard fork at block 7280000 and 585 blocks to go so still there are no changes eth price even it’s now red. Last hard fork was fail i hope it will be successfully finish. Live count down here  https://www.coingecko.com/en/explain/ethereum_constantinople_hard_fork

Right now it is just 2:40 minutes away from the hardfork. Lot of major updates have been provided, but I believe this could cause increased transaction fee as well won't profit big with the GPU miners. Large scale ASIC miners will be getting good rewards after the hardfork.