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Author Topic: ETH 2.0 will cause FOMO or FUD?  (Read 206 times)
josebcn
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August 13, 2019, 05:30:05 PM
 #1

What do you guys think?


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August 13, 2019, 05:51:33 PM
 #2

Lets do add up some links for people to know on what we are talking about:

https://cointelegraph.com/news/ethereum-20s-phase-zero-scheduled-to-launch-on-january-3-2020-devs
https://blog.sfox.com/ethereum-2-0-what-the-next-three-years-of-ethereum-will-look-like-b366a46f9704

Questioning if this will cause FOMO or FUD? No one knows.


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August 13, 2019, 05:53:12 PM
 #3


Thanks, I'm concerned about supply.Will it be fixed?

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August 13, 2019, 05:59:05 PM
 #4

If launched on the date expected and no more delays I will consider a FOMO, there are still lot of time to speculate guess changes will come as it is fast approaching. Better just stay out and let watch how it goes.

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August 13, 2019, 07:05:25 PM
 #5

Proof Of Stake (Although hated by a LOT of people) is the future of crypto imho.

Saves a TON of electricity, makes staking accessibly for anyone holding ETH. It's a BULLISH move in crypto, and I believe staking pools will become even more popular than they already are due to the fact that the vast majority of people wont have enough ETH to solo stake it.

I'm a huge fan of XSN (Stakenet), their platform will support ETH once they update and move to POS, and I believe a lot of people will use it. There are a lot of staking pools out there from various projects, but Stakenet offers way more than that on their platform.

Excited to read this, as I've been waiting for ages for an actual date. Gotta buy up as much XSN as I can afford, before Proof Of Stake becomes the industry standard (at least for ETH). It's gonna open up the eyes for people looking to make passive income, I'm sure.
Next thing we need is for ETH to move to the Lightning Network, and we'll be able to trade instantly using Stakenet's upcoming Lightning DEX.  Grin

Thanks for posting OP!
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August 13, 2019, 08:20:30 PM
 #6

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.

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August 13, 2019, 08:52:24 PM
 #7

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.

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August 14, 2019, 01:16:19 AM
 #8

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.

Featured news is often seen by many people Fomo but only for a very short period of time because most people participating in this market are only interested in profits and have no need to invest in technology. In any case, after that coin rises, there will be a lot of big adjustments and this is what happens every day in this market. In my opinion, investment needs to be considered carefully because if you do not have investment knowledge, the person with the biggest loss is you so think before investing.

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August 14, 2019, 02:54:12 AM
 #9

Every good news can cause FOMO, if you are a trader is a good way to maximize your profit. I'm totally sure when is near ETH 2.0 Launch, the price of ETH will pump...
I think ETH will follow LTC scheme, the whales will pump ETH first then after the upgrade finished they will dump again (back to the previous price before upgrade begin)...
IMO

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August 14, 2019, 08:19:56 AM
 #10

What do you guys think?


it certainly makes Fomo and large investors now gather more ETH from now on so that when ETH 2.0 is about to happen, they will have big profits.
currently the price of ETH has not yet changed well but it is a good opportunity to buy more. ETH 2.0 will have many new features and attract more investors in the future, the price will surely increase.

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August 14, 2019, 10:57:31 AM
 #11

i think it will cause FOMO.
mainly because they have been trying so hard to hype it up and they are willing to spend millions in advertising it just like they did back in early days to pump ETH in first place.
but also because of the fact that ETH has been dumping for 1.5 years without stop. the owner whales are getting anxious to pump it again and make some profit from the newbies again.

what i  can't predict is the level of success this round of pump is going to have. since it is getting harder to pump this coin since it has lost all its usages.

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August 14, 2019, 11:37:37 AM
 #12

It will certainly be a good news and it will completely change the position of the current ETH. It may increase prices very strongly in the near future.
I believe that the Ethereum 2.0 platform will have a big impact on the crypto community as well as businesses that are developing on the old platform or BEP2 or Waves platform.
It will soon regain its market share and create a new dynasty.

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August 14, 2019, 12:38:38 PM
 #13

it is possible that it will only become FOMO, if that is the case then the price of ethereum is likely to increase, but it will not fall back soon enough. and trapping people who are FOMO and not taking into account their speculation.

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August 14, 2019, 05:12:03 PM
 #14

I bet FOMO for ethereum 2.0 and i take PoS update as my main key to take the next ethereum 2.0 to the moon.
What we need to see that ethereum will not be pegged again to the ICO to get its hype and that can be done only through run the next upgrade for ethereum to determine its hardcap supply and PoS system.

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August 14, 2019, 06:42:18 PM
 #15

I don't see any cause of a FUD, it's like more on a coin adaptation and most likely to gain a lot of investors, so it is a FOMO.
It is better to accumulate as much as you can while you have the money if you have a feeling that it will give you a good profit.



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August 14, 2019, 11:09:47 PM
 #16

I don't see any cause of a FUD, it's like more on a coin adaptation and most likely to gain a lot of investors, so it is a FOMO.
It is better to accumulate as much as you can while you have the money if you have a feeling that it will give you a good profit.


yes, i agree with you
i believe ethereum 2.0 will create more demands on eth,
so, while the price of eth is cheap for now, maybe this is our chance to collecting more ethereum to get an enough profit before eth 2.0 my friend

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August 14, 2019, 11:23:14 PM
 #17

I think it will go to FOMO because FUD is definitely there, but about ETH 2.0 I think it will tend to be FOMO where many investors are competing to buy when this trend is rising in the market. So, both can occur because this is like an activity or behavior that usually happens everywhere.

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August 14, 2019, 11:35:26 PM
 #18

I don't think that it will create another drama, though it makes some changes but ain't no reason to be fall into FOMO or any FUDs happens.
People had already learn a lot from previous scenarios and that hard fork or any market transitions never look new to everyone.




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August 15, 2019, 09:09:11 AM
 #19

What do you guys think?



This is a good news if it will be take place, so I would choose FOMO, but they have to ensure that the launch is done with a great timing, otherwise, this will only lead to a temporary effect. This could also be a big factor that will help ETH to recover and will have its own independent growth and will be able to compete with coins that are performing positive this year, like BNB.

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August 15, 2019, 12:07:19 PM
 #20

It will eventually come, people just get really upset about all the delays.  This is what happens in technology, it is very difficult to give an accurate time estimate of how long something will take.  I really appreciate that they are attempting to move over to POS to save energy in order to help the environment. 




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