ETH 2.0 will cause FOMO or FUD?

[AUruHM]

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.

If we will compare ETH and fiat payments we never will accumulate any alts. While simple investors don't have a possibility to wide coin application then they will not use anything for using.
With +5% per year, it's a poor income system, I agree. If we tell about investors and traders 5% is too small.

Imho ETH 2.0 will cause nothing. Update and some speculation

[1714867982]

1714867982

[1714867982]

1714867982

[1714867982]

1714867982

[1714867982]

1714867982

[1714867982]

1714867982

[1714867982]

1714867982

[freedomgo]

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.

If there is a FOMO, it's not gonna be a gradual increase as most likely when there is FOMO, price would be overvalued and correction is expected to happen.
Let's see if the release would be successful and if supporters are satisfied, then maybe that would help a lot for ETH to be back on its good price.

I don't want to expect a lot, but since this is a big development, FOMO at the start is expected but after the launch, that's where price will start to dump then become stable.

[btc_angela]

We have seen so many projects in the past that before the actual release of the touted new version, there's a lot of FOMO going on causing a massive spike in the price because everyone wanted to join the bandwagon. However, after that the price heavily went down, so I don't want that to happen to ETH, I would rather see a organic pump and not artificial because it will just do more harm in the end.

[Mahanton]

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.

If there is a FOMO, it's not gonna be a gradual increase as most likely when there is FOMO, price would be overvalued and correction is expected to happen.
Let's see if the release would be successful and if supporters are satisfied, then maybe that would help a lot for ETH to be back on its good price.

I don't want to expect a lot, but since this is a big development, FOMO at the start is expected but after the launch, that's where price will start to dump then become stable.

Pumps do happen before the news and it do dumps when the event is happening.It depends because we have seen that theres no FOMO before the event but it do happen after such development news.So its still unpredictable and its most likely there would be no FUD on this times for sure.

[leea-1334]

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.

So far we can see what is happening with ETH price. It went all the way down to $90 again, and then managed to climb back to $330 or so but now, we are back below $200. To me, this means FOMO worked, but only for a while. And now people are seeing how slow and how vague ETH 2.0 is becoming, they are slowly selling again.

But do not worry,,, this is all good news to collect more ETH.

[alrose]

I don’t know about FOMO, but FUD will definitely not.The platform moves to another stage of its development,respectively, that investors and ordinary users from this will only be better.

[poornamelessme]

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.

So far we can see what is happening with ETH price. It went all the way down to $90 again, and then managed to climb back to $330 or so but now, we are back below $200. To me, this means FOMO worked, but only for a while. And now people are seeing how slow and how vague ETH 2.0 is becoming, they are slowly selling again.

But do not worry,,, this is all good news to collect more ETH.

I don't think the rise from $90 to $330 had anything to do with 2.0 ... the event was too far out to cause FOMO. I think it was just regular market recovery. When it gets closer to 2.0, we'll find out if FOMO kicks in or not. It'd probably help if the ETH team announced a firm date.

[waaat?]

I don’t know about FOMO, but FUD will definitely not.The platform moves to another stage of its development,respectively, that investors and ordinary users from this will only be better.

Some of my friends has mining farms for ETH exploration. Today they have $0.71 per day on the 1080ti. I think they definitely will have FUD because of PoS for ETH 2.0. I have no doubts such miners will find alternatives but ...

[Japinat]

I don’t know about FOMO, but FUD will definitely not.The platform moves to another stage of its development,respectively, that investors and ordinary users from this will only be better.

In short, this is an upgrade of the current ETH system, this should create a buzz in the crypto market knowing ETH is the king of all altcoins.
This is gonna create some hype, but not a FOMO as I believe FOMO only happens when the market is healthy.

[Rufsilf]

I don’t know about FOMO, but FUD will definitely not.The platform moves to another stage of its development,respectively, that investors and ordinary users from this will only be better.

Some of my friends has mining farms for ETH exploration. Today they have $0.71 per day on the 1080ti. I think they definitely will have FUD because of PoS for ETH 2.0. I have no doubts such miners will find alternatives but ...

But what?
If that so, miners will take their chances to generate profit aside from relying on ETH alone. Such upcoming ETH development will surely create changes in the entire market and those people who are holding ETH might fall into FOMO.

[sana54210]

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.

If there is a FOMO, it's not gonna be a gradual increase as most likely when there is FOMO, price would be overvalued and correction is expected to happen.
Let's see if the release would be successful and if supporters are satisfied, then maybe that would help a lot for ETH to be back on its good price.

I don't want to expect a lot, but since this is a big development, FOMO at the start is expected but after the launch, that's where price will start to dump then become stable.

Nothing big about that development really and I just see Ethereum as people that has ran out of idea and their product not working again which they are trying to use reward to lure people again but the thing about the reward is that it is not attractive, if you are talking about 5% passive income, isn’t that too lo? And more over, this more like the idea of STO.

I think this is exactly what Bitbond if offering for 1 year and majority of the STO projects that I have seen which is why they are not popular till date. This is not something so big that will cause fomo really because it makes no sense to me and will not make sense that much to people. They should work as Binance is working and come up with real products as an upgrade not some sort of rewards that they might not even be able to sustain.