Will 2020 be ETH's biggest year yet?

[Abiky]

Imho, Ethereum is forced to completely switch to PoS in order to increase people's hoarding and speculative demands. And that will boost its value. But as far as I know, switching to PoS completely is something that takes a lot of time to complete.

The Ethereum development team always wants everything to be safe, so it needs to take more time than usual. I guess we have to wait until 2021 to see that.

Agree. The PoS design will greatly increase demand for ETH, resulting in higher prices over time. If successfully implemented this year, I believe that ETH will finally reach a price of $500 per coin. But if the team keeps delaying the upgrade, prices will stall across the market. Many people are desperate to see something big happen with Ethereum by 2020. With Bitcoin's halving event in May, the pioneer cryptocurrency's rise in price could positively impact Ethereum and other cryptocurrencies on the market. It's no secret that Ethereum rises according to Bitcoin's success in the mainstream world.

Of course, ETH devs want the safest path for scaling the second-largest Blockchain network in the world. But its competitors (EOS and TRON) are already in the lead with faster block times and cheaper transactions (no fees) than Ethereum. The longer the dev team takes in upgrading ETH to PoS, the worse it'll be for its survival in the mainstream world. Other alternatives can rise in mainstream adoption with their current design which is scalable and efficient for decentralized applications. They could take a large portion of Ethereum's market share, as most people prefer convenience over censorship-resistance. I hope that I'm wrong, and this year would turn out to become the biggest one for ETH yet. While I don't mind waiting for another year or two, the gap in time will allow ETH competitors to become bigger and stronger than ever.

Nonetheless, if 2020 turns out to become ETH's biggest year yet, many early adopters will benefit of the high prices on the market. We're still early as ETH hasn't adopted PoS. As long as prices remain below the $200 - $300 range, you'll be able to buy some coins to sell them once Ethereum becomes a full-fledged PoS cryptocurrency for the mainstream world. In effect, it'll be a win-win situation for both the ETH "hodler" and the platform itself. Just my opinion :)el

[leetcoiner]

I believe that in 2020 ETH will grow, I hope that this year we can see the price of ETH at least $500, but I would like to see even higher.

[olumyd]

I believe that in 2020 ETH will grow, I hope that this year we can see the price of ETH at least $500, but I would like to see even higher.

And here I was aiming for at least $1,000. But to be fair, ETH has been undervalued for quite a while and it would be nice to see it gain some momentum in price action. If we reach the $500 mark, it means it's only a matter of time before we hit the 4-digits.

[WalkerIVIV]

hopefully, as there as so many news regarding ethereum.. there are so many articles coming out that ethereum but the price is still the same   hoping this news could hype the community

what will get Ethereum toward the price of $ 500 is Ethereum 2.0, currently Ethereum developers haven't published when it's time to launch, if they really decide on this Q1 then I'm not surprised Eth prices have crept up

Price of ETH will not increase without any official information as it is currently only a prediction of investors and certainly people will have to wait a long time to see this. I think you should not put too much faith in this coin because ETH has not been able to rise well during the past 2 years and caused a lot of investors to give up. Personally, I will invest again when this coin returns to the best stage of development because that is the time when I can make hight profit.

Did you know that about this if investors were buying on the rumour and sell for the news? that means if any rumour or speculation about the future of ethereum will be a support to create FOMO in the market.
Even this is a common thing in the crypto currency. We are on the speculation market and remember it.

[samcrypto]

I believe that in 2020 ETH will grow, I hope that this year we can see the price of ETH at least $500, but I would like to see even higher.

And here I was aiming for at least $1,000. But to be fair, ETH has been undervalued for quite a while and it would be nice to see it gain some momentum in price action. If we reach the $500 mark, it means it's only a matter of time before we hit the 4-digits.

Its possible for ETH, and I'm still supporting this coin by holding and buying the ETH. We will see the best price again, we just need to see bitcoin grows again and the bull in the market. The short term pump is great to make short profit but for those hodlers don't worry because this year will be a different scenario for us and we will end the year on a $1k and up, have confidence on ETH this is a new beginning.

[el kaka22]

It looks like ethereum is not doing anything for now. Does everyone think that ethereum will make a huge jump thanks to hard fork? Is it that important? I get that switching from PoW to PoS is very very important for a coin (which we still don't know if it will happen this year) but does it have to be really a big change that will increase the price?

From the looks of it the logic is that right now there are tons of people who mine ethereum and sell it to cover their expenses and that costs ethereum to go down a bit, all the funds that gets from coin offerings are sold as well, with PoS people won't be mining and selling, there will be funds that stay to make money etc etc etc, however is that logic gonna be real? Will it be ethereums future or is it just wishful thinking?

[Reatim]

if this happens?i am one of the most celebrated account because i have converted half of my bitcoin to ethereum just weeks ago because of the lowering price so i took the advantage.
though i have read some thread from last year pointing that this Year might break the 2018 price of Ethereum.anyway i support Both ethereum and Bitcoin so what comes first will be a Big help for my crypto investment.

[udidrone]

I see no positive impact on ethereum prices in 2020 prices do not go up high even though bull run come yesterday even this now, ethereum prices are coming back down, although not much

[bitzizzix]

I see no positive impact on ethereum prices in 2020 prices do not go up high even though bull run come yesterday even this now, ethereum prices are coming back down, although not much

Indeed there was no positive impact on Ethereum this year and prices fell again after there was a slight increase, and not only Ethereum but all the coins on the market came back down and bled and many people thought it was influenced by Chinese New Year celebrations. or just coincidence.
Do not be afraid, this is only the beginning of the month in 2020 and 2020 which is still long and there are still many opportunities for the market and Ethereum to increase again and hold it is the right choice for now and take advantage of good opportunities when the market goes down to make purchases.

[rizkyalhabsy]

Actually not , its for stability and even POS will be happened, eth still have a bit lack.
About ETH fight with EOS , we know exactly EOS just nothing, even though EOS more stable than ETH , somehow people still choose ETH as a investement.

In my opinion, this year is an introduction of the good thngs that will happen in ETH network because of the upcoming POS, bitcoin halving and i will advise you to never underestimate ETH upcoming POS cause it a strategy planned by the ETH team since block rewards is reduced.
EOS is just another centralized coin and won't believe it prices stable if i were you.

yes , i also have a hope for ETH POS but the fact as i read on many many article , even though ETH post already applied , there still have a lack on their blockchain.
about EOS, oh come on i just talk about what OP says, i know exactly EOS just a semi decentral , posibility same like tron.

[Cnut237]

ETH is the best smart contract coin by a long way. It has a good future in store, I'm sure, and the move to PoS will play a big part in driving up the price.
But I can't see that 2020 will be ETH's best year ever in terms of price - there's no way we can realistically match what happened at the end of 2017. A price of over $1,000 seems very unlikely this year. ETH does look under-priced, just not that under-priced.

[Xxmodded]

Waiting what will happen with ethereum in 2020 become lower price or keep continue to be higher price and raise more than fantastic price last 2017 where touch above $1,500. I trust with ethereum but after many ICO investment have failed ethereum look slowly for raising up to higher price, many moment ethereum always have lower price.

[jarhed]

I really like ETH, I have a lot of faith in the future of ETH, but if you look at the reality, it's unlikely that ETH will grow much this year and it's unlikely that anything will show the grandeur.

[Kelvinid]

There are only 2 reasons that could help ETH price to move and reach to its peak again.
  *Bitcoin halving- that could possibly drag the top altcoins/or of the entire market
  *ETH 2.0 upgrade

But it feels that it will never moves the market price instantly as we know that the huge effect of halving will show a few months after.
Anyway, it was in the previous halving, not sure if the market will run through the same because it depends on the market adoption and as well as on investor's movement.

[Abiky]

It looks like ethereum is not doing anything for now. Does everyone think that ethereum will make a huge jump thanks to hard fork? Is it that important? I get that switching from PoW to PoS is very very important for a coin (which we still don't know if it will happen this year) but does it have to be really a big change that will increase the price?

From the looks of it the logic is that right now there are tons of people who mine ethereum and sell it to cover their expenses and that costs ethereum to go down a bit, all the funds that gets from coin offerings are sold as well, with PoS people won't be mining and selling, there will be funds that stay to make money etc etc etc, however is that logic gonna be real? Will it be ethereums future or is it just wishful thinking?

Good point. The PoS version of Ethereum will encourage people to "hodl" their coins instead of selling them. Prices could rise to the moon because of the huge demand for ETH. However, the ETH economy will not be moving as it used to be. For smart contracts which require ETH as fuel for execution, it's necessary to encourage spending every once in a while. But ETH's PoS model, would prove to benefit the whales most instead of the average Joe.

Still though, this is beneficial for scaling ETH within the mainstream world. This year could be the biggest one for ETH if it adopts PoS in its entirety. At least, most early adopters will benefit from ETH's latest trends as prices will skyrocket like never before. For those who want to keep mining ETH, they would have no choice but to resort to ETC. Miners can continue using their equipment on the Ethereum Classic chain, while "hodlers" will stay with Ethereum. Everyone wins in the end, thanks to the decentralized nature of crypto and Blockchain technology. If by any chance the community disagrees with the PoS hard fork, they could simply create a new version of Ethereum that will suit their own needs.

Nonetheless, I think that ETH will remain with ProgPoW for a while until devs decide it's safe enough for the chain to migrate towards PoS consensus. Maybe they'll delay the upgrade another year? Or maybe the time has come for ETH to become a PoS cryptocurrency? No one knows what will happen this year, as the dev team has left us in suspense. But I can guarantee you that the cryptocurrency will be here to stay for a very long time. All in all, I hope that this year would turn out to become the biggest one yet for Ethereum and the Blockchain industry in general. Just my thoughts

[freedomgo]

There are only 2 reasons that could help ETH price to move and reach to its peak again.
  *Bitcoin halving- that could possibly drag the top altcoins/or of the entire market
  *ETH 2.0 upgrade

That's a very simple yet a more accurate reason of the bull market.
Hopefully ETH 2.0 will be launch this year, probably after the halving schedule as that would be a great timing just to support ETH for a possible dump which is correction of a possible pump going to the halving.

[hirngespenst]

Ethereum has possibilities, no doubt here. The fact is, Ethereum is not doing well since 2018, but every year we expected high and called this year will be Ethereum year, but we were wrong! If the Bitcoin bull run comes, if Bitcoin price crosses 20K USD, then yes, Ethereum price will be growing highly as like other coins! But Truly I don't believe this year will be the biggest for Ethereum! I think Ethereum lost the momentum that's why last year when the Bitcoin price was near to 14K USD, ETH price was 330$ only!

[maydna]

I really like ETH, I have a lot of faith in the future of ETH, but if you look at the reality, it's unlikely that ETH will grow much this year and it's unlikely that anything wiljavascript:void(0);l show the grandeur.

We can hope ethereum can increase again after getting dump for a long time, and like many others said that this year would be a good time to grow back and hit the highest price. We can wish that this year, ethereum will get more investor who will invest their money to the ethereum projects, especially ethereum project wants to release the update in this year. So the chance for ethereum to increase is wide open, and it is a matter of time to see ethereum will increase later.

[jarhed]

ETH will not grow in price this year, it will start to recover with time and after a while will grow in price very much.

[KTChampions]

There are only 2 reasons that could help ETH price to move and reach to its peak again.
  *Bitcoin halving- that could possibly drag the top altcoins/or of the entire market
  *ETH 2.0 upgrade

But it feels that it will never moves the market price instantly as we know that the huge effect of halving will show a few months after.
Anyway, it was in the previous halving, not sure if the market will run through the same because it depends on the market adoption and as well as on investor's movement.

The problem is that achieving a price peak will interfere with ETH in development and widespread use. Increased commissions and the continued use of ETH as a means of speculation is dead end path. I believe in ETH, I invested part of the money in it, but I believe that if the price of ETH drops once again ~ x0.1 it will be useful for the whole ecosystem. Subject to ongoing technical development of course.