ETH 2.0 will cause FOMO or FUD?

[barbara44]

What do you guys think?

Well, we can’t say until we see it happen, first ask yourself, as you have heard the news right now, how  does it hold in your heart, it is pushing you to buy more Ethereum because you believe it will have many positive effect on the market, so use your own thought towards it to judge.

If I am to judge based on my own opinion, I am not sure that it will add any better value to the price off Ethereum, because this what how we expected their Constantinople’s to have effect on the value of Ethereum then, but even after the upgrade, nothing had happened. From this their new upgrade, if whatever they are proposing to fix with it is really worth it, it might had some value, what would really cause the fomo is not the upgrade itself, but a suddenly price increase which will make people to start buying out of fear on not to be missing out.

[Doranile432]

After the ETH2.0 upgrade there will be FOMO of cause but since POS (Prove of Stake)will be implemented it will be a good reason for many investors to hold so as to earn returns on their holdings which will make ETH have better value than before

[Barbut]

It`s already causing both things, FOMO is missing a chance to buy ETH now when the price is low, and FUD because many people are talking negatively about ETH 2.0.
But one thing is sure, FOMO or FUD, just newbies fall on both. Ethereum supporters and holders are accumulating and waiting for an upgrade. Make a decision on which side you wish to be, a supporter or an ignorant newbie.

[Questat]

It`s already causing both things, FOMO is missing a chance to buy ETH now when the price is low, and FUD because many people are talking negatively about ETH 2.0.

That's not happening, FOMO will only happen when price of ETH is pumping and we haven't seen that yet.
If the ETH 2.0 is something that could create some hype, then probably there will be a FOMO, and until that happens, we can't say there it's already causing FOMO.

[Duzter]

It`s already causing both things, FOMO is missing a chance to buy ETH now when the price is low, and FUD because many people are talking negatively about ETH 2.0.

That's not happening, FOMO will only happen when price of ETH is pumping and we haven't seen that yet.
If the ETH 2.0 is something that could create some hype, then probably there will be a FOMO, and until that happens, we can't say there it's already causing FOMO.

Even with the recent price pumping of ethereum crossing $350 and when it started to decline in value there is strong FOMO. Same as that will happen when the ETH 2.0 gets established as scheduled. Without doubt there will be growth happening and this will get turned to be FOMO while there is small scale fluctuations rather than FUD.

[Questat]

It`s already causing both things, FOMO is missing a chance to buy ETH now when the price is low, and FUD because many people are talking negatively about ETH 2.0.

That's not happening, FOMO will only happen when price of ETH is pumping and we haven't seen that yet.
If the ETH 2.0 is something that could create some hype, then probably there will be a FOMO, and until that happens, we can't say there it's already causing FOMO.

Even with the recent price pumping of ethereum crossing $350 and when it started to decline in value there is strong FOMO. Same as that will happen when the ETH 2.0 gets established as scheduled. Without doubt there will be growth happening and this will get turned to be FOMO while there is small scale fluctuations rather than FUD.

I understand what you are trying to say, but the way I look at the market movement since years, I've seen more FOMO when the price is rising than when it's dropping. There are only a small percentage of the traders who are really smart to see the price is already dipping, the others just ride with the flow, they usually follow what majority think that's why manipulators are very much successful with their job.

[silverleafy]

The minimal staking amout: 32Ethereums make Ethereum not good for every investor. I think that Ethreum will become more centralized because how many people will be able to buy 32 Ethereums? While ICON offers staking 1 ICX coin!

[styca]

What do you guys think?

The one thing I am sure about is that everything will be factored into the price ahead of the launch of 2.0
What often happens with an upgrade like this is that prices increase as rumours start to circulate. Once the launch actually happens, prices drop a bit.
One thing I absolutely wouldn't expect is a dramatic price rise on the day of the switch to 2.0

[imstillthebest]

wait wut eth 2.0 ?  is it a new fork from the eth or they will upgrade the existing eth ?  next time add som extra info so that unaware users can be updated okay ?  good !

but to answer this   . i guess this new events can always cause fuds and fomo just like what happened on the past events  . people wont be contented on what they have but they instead try these new additions and on the other side there are those fuds again that will rise .

[sana54210]

wait wut eth 2.0 ?  is it a new fork from the eth or they will upgrade the existing eth ?  next time add som extra info so that unaware users can be updated okay ?  good !

but to answer this   . i guess this new events can always cause fuds and fomo just like what happened on the past events  . people wont be contented on what they have but they instead try these new additions and on the other side there are those fuds again that will rise .

It is simply an upgrade and I think it is an upgrade that will never favor people the way that I am seeing people complain about it, seems to me that there is a feature that has been added to the upgrade that is causing uproar in the market which may then lead to FUD because if people start pulling out of Ethereum with this current bad state where they are on their value and with ICO issues.

Ethereum may lose its value a lot and this will cause many of its investor to start pulling out, but until the release before we can really see if the upgrade will benefit people or not, but I have learnt never to rely on Ethereum upgrade that much again because of what I saw from the Constantinople which never had any effect on the price of Ethereum at all when it was released.

[accounting 181293]

What do you guys think?

which will make sure there will be a FOMO ahead of the release later. We know that the crypto market has always been like that. there will be a big pump to welcome ethereum 2.0. I'm sure of that, because this always happens like bitcoin halving, bitcoin hardfork, litecoin halving and many more.

[poornamelessme]

I think it'll all come down to timing.

If it's not delayed, then possibly FOMO ... IF BTC isn't doing a crazy pump at the same time. Problem will be if BTC is crushing the entire alt market right before its halvening, then it may be unlikely for any alt, even ETH, to really get much of a price boost.

But if it sneaks in during a BTC stable period, sure, it could get a nice pump. But nobody really knows...

Look at LTC and its halvening -- nice pump, but only up until BTC starting rising and increasing dominance. Then sellers cashed out a little earlier than expected (or at least earlier than I expected).

[Reid]

It's gonna open up the eyes for people looking to make passive income, I'm sure.

Which will make whales jump into it while being attracted of staking rewards => Bullish trend, but as soon as they want to claim their profits => Massive sell leading to price depreciation.

TLDR; IMHO, ETH 2.0 will cause FOMO in he beginning then FUD in the second place.

Or? It could be the other way around.
If they see profit, then it could be the time that they buy more.
It is not about being FUD or not. Will it work? That is the real question here.
There are too many altcoins now with staking process and I do think some of them have features that equals ETH. If their marketing will be better then we might see investors ignoring ETH or just dont want to get back at it because of history.

[JeffBrad12]

it's not possible ethereum to launch it, ethereum 2.0 feels like FUD, I suggest you not to be affected by something like that, it's better to play it safe. if you want to trade on ethereum don't use all the trading capital you have.

Is there a reason why you call that has a possibility to become FUD? Don't you think the ethereum 2.0 update will bring ether to the moon caused by the POS update? It looks like the majority feels FOMO due to the next update that will bring hardcap supply and that's clear to be considered as a sense reason. But im interesting to know more what will be your reason and maybe i can try to re-thinking about the possibility of ethereum to get FUD too. It's very interesting to know.

[LogitechMouse]

FOMO only. No signs or reasons of FUD since ETH 2.0 will happen in 2020 and it is not fake.
As the ETH 2.0 is slowly approaching, the price of Ethereum will slowly increase and when the time comes that it is launched it will slowly goes down too.

[ATSgrowth]

There is no reason why Ethereum update 2.0 should cause FUD. Only if there will be any problem in upgrading process, like security breach.
But Ethereum developers work properly and they will not develop any semi-final solution like Tron or EOS. 

[Prolifik]

I think that people will want to secure a passive income. They will slowly start buying Ethereum until they have 32 Ethers. After that Ethereum will be bought only for paying fees on this network, not as an investment, so consider it.

[old fart]

It should be fomo and no fud, ethereum 2.0 presents an opportunity to investors to now earn passive income holding about 32 eth. I'm anticipating a gradual increase in price up until 2020.

[trickyriky]

Every breaking news brings FOMO, everyone wanted to join early and doesn't want to miss the boat and get big profits. Even Bitcoin at the end of 2017 was all FOMO and look what happened. So what do you need to do? Not giving advise, but if you are a experienced trader, it's better to accumulate when a news break out, at least you are in in the beginning and can easily exited if you think you have gain enough before everything went down due to FUD. ETH is still the second coin in the market, but we will have to see how everything goes, but I'm sure FOMO will be there at the very onset.

I am sure that all people have this FOMO syndrome, and nothing can be done with it. Probably, it is the reason why people buy Ethereum so actively - they are waiting for the best changes after Ethereum 2.0 launch. However, I do not think that all can get benefits. To deal with staking, you will need to have at least 32 ETH, and not all guys now have this sum.

[poornamelessme]

I think that people will want to secure a passive income. They will slowly start buying Ethereum until they have 32 Ethers. After that Ethereum will be bought only for paying fees on this network, not as an investment, so consider it.

I think way too much is made of this idea of passive income. What good is a 5% (or whatever amount they come up with) reward in something so volatile? I mean, look at coins like Dash and others... 5%+ reward is fine if a price is stable or rising, but in an investment that can lose 90% of its value? I mean, why bother?  If someone wants 5% interest, just put the money into some junk bonds, which are considered risky as far as bonds go, but are a zillion times safer than any crypto. Or put the money into stocks, or real estate, or lots of other things.

Not that I think ETH may not get a pump from 2.0, it just seems weird to me to think passive income would be the reason.