Will 2020 be ETH's biggest year yet?

[Abiky]

In fact, everything is interdependent and it is not clear what is more important. But I think that you will not argue with the fact that if the ETH drops to $ 10 now, then bitcoin will also fall. A huge part of the market depends on ETH.
Here is some very interesting information about the correlation between ETH and the market: Ethereum is the most correlated crypto asset, research shows

Good to know. I believe that such behavior is attributed to the fact that most tokens are based off the ETH blockchain. After all, ERC-20 tokens dominate a large portion of the crypto market. A massive downfall in ETH's price could lead most cryptocurrencies & tokens towards new lows in price. It's no secret that both Bitcoin and Ethereum are directly linked in crypto land. Considering that Ethereum is the world's second-largest cryptocurrency by market cap, it has a large prominence over the entire crypto/Blockchain industry. I'd expect that once scalability improvements start rolling in, the price per ETH will rise like never before. No one knows when the "excitement" will happen again, as everything will depend on the project's developers' release of new upgrades for the ETH blockchain.

If I'm right, this year could be such where Ethereum upgrades towards Casper PoS. Once that happens, people will gain the "FOMO" sentiment by buying as much ETH as they can (resulting in higher prices over time). But even if this year doesn't turn out to be the biggest one for ETH yet, it'll be remembered as such where Bitcoin experienced a reduction in its block reward. At least, Bitcoin's halving event will have a positive influence over Ethereum's price within the short term.

Nonetheless, it's certain that ETH has a very bright future ahead of it. With a prominent development team and Vitalik by its side, Ethereum could reach new heights. Hopefully, we'd get to see something new and exciting for ETH during the course of this year. Just my thoughts

[xvids]

We couldn't really tell since the biggest year so far was at 2017.
When I think almost all of the crypto made their ATH,
And I think ETH couldn't break it's current record even for this year we wouldn't see it reach or surpass it's ATH.

[$crypto$]

We couldn't really tell since the biggest year so far was at 2017.
When I think almost all of the crypto made their ATH,
And I think ETH couldn't break it's current record even for this year we wouldn't see it reach or surpass it's ATH.

I think the increase in ETH will continue to grow again and I think if halving has not occurred then it is likely to rise again but to record reaching ATH again I do not know and cannot predict but this vital coin is able to recover as the market develops and occurs bullish again.
Ethereum is still developing their project goals in various countries. I am sure that ETH will be better known in the community.

[joseyphil82]

Few altcoins will halve this year as well, especially Bitcoin forks, as for Ethereum is a new thing switching from Proof of work to Proof of Stake but I don't expect a huge price growth just because of the POS implementation, ETH will still depend on Bitcoin

[Farma]

We couldn't really tell since the biggest year so far was at 2017.
When I think almost all of the crypto made their ATH,
And I think ETH couldn't break it's current record even for this year we wouldn't see it reach or surpass it's ATH.

ETH is indeed developing this year, but so far the development is not so big. however, I think ethereum can reach 0.04 to 0.05 BTC this year. however, I think it depends on the development of bitcoin prices. so far bitcoin is stable in the range of $ 9500 to $ 10100. if the price of bitcoin exceeds that, there is a chance for ethereum to rise again. however, for the new ATH, it seems like it's still a bit difficult.

[Sanitough]

We couldn't really tell since the biggest year so far was at 2017.
When I think almost all of the crypto made their ATH,
And I think ETH couldn't break it's current record even for this year we wouldn't see it reach or surpass it's ATH.

ETH is indeed developing this year, but so far the development is not so big. however, I think ethereum can reach 0.04 to 0.05 BTC this year. however, I think it depends on the development of bitcoin prices. so far bitcoin is stable in the range of $ 9500 to $ 10100. if the price of bitcoin exceeds that, there is a chance for ethereum to rise again. however, for the new ATH, it seems like it's still a bit difficult.

0.04 to 0.05 might not be considered as a growth if btc value will drop, imagine if bitcoin will dump to $3000 again and the price of ETH is 0.05 btc, that would still be lower than the current price, that is just equivalent to $150, and actually investors does not measure based on sats value but on dollar value.

[Farma]

~

0.04 to 0.05 might not be considered as a growth if btc value will drop, imagine if bitcoin will dump to $3000 again and the price of ETH is 0.05 btc, that would still be lower than the current price, that is just equivalent to $150, and actually investors does not measure based on sats value but on dollar value.

agree, but imagine if the price of bitcoin is lower than what I mentioned, and in the bitcoin pair, the price of ethereum has a price of 0.027 BTC (currently), wouldn't it be even lower.
right now, to be honest I'm watching the rise in ethereum prices based on the value of the bitcoin. on a bitcoin scale, from the beginning of 2020, the price of ethereum is 0.018 BTC, and currently the price is 0.027 BTC, which means that ethereum prices reached an increase of 0.01 BTC within 1 month, which makes it a price of $ 130 at the beginning of the year, to $ 262 now with the help bitcoin price increase. so, if ETH can reach the price of 0.04 or 0.05 in the current bitcoin pair, the price can be $ 386 if calculated at the current price. Well, basically an increase in the price of bitcoin or dollars, I feel it's the same. Most importantly, ethereum prices can reach high prices this year.

[Japinat]

Well, basically an increase in the price of bitcoin or dollars, I feel it's the same. Most importantly, ethereum prices can reach high prices this year.

The most important is that ETH will rise this year, it doesn't matter if it values 0.05btc per ETH as long as it's value will be $1,000.. I think that sounds more better and easy to understand that there's really an increase. I remember when I was still new, I tend to check on CMC using the satoshi value... but the picture is more clear if I will convert it to USD, but anyway, everyone has their own style of appraising the market.

[KTChampions]

~
If I'm right, this year could be such where Ethereum upgrades towards Casper PoS. Once that happens, people will gain the "FOMO" sentiment by buying as much ETH as they can (resulting in higher prices over time). But even if this year doesn't turn out to be the biggest one for ETH yet, it'll be remembered as such where Bitcoin experienced a reduction in its block reward. At least, Bitcoin's halving event will have a positive influence over Ethereum's price within the short term.
~

An additional factor in increasing the demand for ETH will be that in order to create a validator (which should be a lot in the system), 32 ETH will need to be locked. As I understand it, from the news announcements issued by the ETH team, the number of validators will be huge.

[Abiky]

Few altcoins will halve this year as well, especially Bitcoin forks, as for Ethereum is a new thing switching from Proof of work to Proof of Stake but I don't expect a huge price growth just because of the POS implementation, ETH will still depend on Bitcoin

The fact that Ethereum depends on Bitcoin to succeed, tell us that every 4 years of Bitcoin's halving will be the most prominent ones for the ETH blockchain. The BTC halving coupled with ETH's switch from PoW to PoS could make this year (2020) one of the biggest ones for the world's second-largest cryptocurrency by market cap. But no one knows for sure what will happen next, since crypto behaves in strange and bizarre ways.

If the ETH dev team decides to delay the PoS upgrade again, we might have to wait another year (or a few more years from now) in order to see ETH gain traction within the mainstream world. As long as ETH remains as is, people will have no motivation to buy it. The ETH blockchain needs to scale if it wants to provide real use cases for the mainstream world. After all, smart contracts cannot work as intended with limited transaction capacity of the main chain. With an upgraded version of the Ethereum blockchain, smart contract's performance will rise at an unprecedented rate. Only then, people will gain the "FOMO" sentiment buying as much ETH as they can. As a result, companies and businesses will join the "ETH train" in order to boost the adoption of ETH worldwide.

An additional factor in increasing the demand for ETH will be that in order to create a validator (which should be a lot in the system), 32 ETH will need to be locked. As I understand it, from the news announcements issued by the ETH team, the number of validators will be huge.

Yes. But even so, people will be able to stake ETH using staking pools. 32 ETH will only be accessible to big whales and players in the industry. I've seen an announcement somewhere across the web by Vitalik that the 32 ETH requirement will be lowered over time once "Sharding" is implemented at full scale within the ETH blockchain. If that's so, it'll become much easier for anyone to participate in ETH's consensus for greater decentralization of the world's second-largest cryptocurrency by market cap. It's no secret that the PoS upgrade will encourage people to hoard more ETH than they'll ever spend. If implemented this year, you could expect prices to rise at an unprecedented rate.

[daniahya]

0.04 to 0.05 might not be considered as a growth if btc value will drop, imagine if bitcoin will dump to $3000 again and the price of ETH is 0.05 btc, that would still be lower than the current price, that is just equivalent to $150, and actually investors does not measure based on sats value but on dollar value.

it's hard indeed if the price of bitcoin goes down because Ethereum itself depends on the price of bitcoin but I believe the price of bitcoin won't fall that badly, at least it can still be above $ 5k, but we don't know the future how we can only wait

[Dhoe]

So far ETH is not surprising, with the usual downturn and growth in the market now happening at ETH, I wouldn't venture to say that this will be the best year for ETH.

People think this year is the best year for Ethereum because this year Ethereum will release their latest version, Ethereum 2.0. But I don't think the release of Ethereum 2.0 will have an impact on increasing the price of ETH. Today, all Altcoin has fallen, including ETH.

[DU18]

All possibilities could happen in 2020, because some important events in cryptocurrency will occur in 2020 such as halving day bitcoin, halving day ltc and also plans for ethereum to release ethereum 2.0 as planned this year, I think if all events it happens, of course, not only eth will have an impact, but most likely all altcoin will also increase. Of course, we all hope that by 2020 it will be able to restore the glory of Cryptocurrency which has indeed experienced a downturn in 2018.

[Natalim]

All possibilities could happen in 2020, because some important events in cryptocurrency will occur in 2020 such as halving day bitcoin, halving day ltc and also plans for ethereum to release ethereum 2.0 as planned this year,

Hopefully there will be no delay, if they'll release based on schedule, then I believe it's good to buy more on ETH now.

https://www.coindesk.com/95-confidence-ethereum-developers-pencil-in-july-2020-for-eth-2-0-launch

‘95% Confidence’: Ethereum Developers Pencil In July 2020 for Eth 2.0 Launch

I think if all events it happens, of course, not only eth will have an impact, but most likely all altcoin will also increase. Of course, we all hope that by 2020 it will be able to restore the glory of Cryptocurrency which has indeed experienced a downturn in 2018.

I am certain that the price will rise and I even think of a possibility on seeing another bull run like what we witnessed and experienced in 2017.

[elisabetheva]

All possibilities could happen in 2020, because some important events in cryptocurrency will occur in 2020 such as halving day bitcoin, halving day ltc and also plans for ethereum to release ethereum 2.0 as planned this year, I think if all events it happens, of course, not only eth will have an impact, but most likely all altcoin will also increase. Of course, we all hope that by 2020 it will be able to restore the glory of Cryptocurrency which has indeed experienced a downturn in 2018.

agree, anything can happen to crypto in 2020, but it will most likely happen to ethereum. but maybe it won't be more than 2x when ethereum is in its prime. at that time ethereum could not penetrate to $ 1.5K and if there were changes the best of ethereum would be at $ 3K only. in addition to ethereum, it is clear that bitcoin is starting to get excited from the beginning of the year, and there will also be an increase in change.

[sniveling]

ETH has not been very successful lately, but I think that in 2020 ETH will be able to achieve some success, and in 2021 ETH will be able to achieve its ATH.

[Synaesthesia]

0.04 to 0.05 might not be considered as a growth if btc value will drop, imagine if bitcoin will dump to $3000 again and the price of ETH is 0.05 btc, that would still be lower than the current price, that is just equivalent to $150, and actually investors does not measure based on sats value but on dollar value.

it's hard indeed if the price of bitcoin goes down because Ethereum itself depends on the price of bitcoin but I believe the price of bitcoin won't fall that badly, at least it can still be above $ 5k, but we don't know the future how we can only wait

I cannot analyze Ethereum because the coin is still very dependent on Bitcoin and if it is not possible, Ethereum will have a difficult time ahead. I hope after Ethereum 2.0 appeared, this coin can develop itself and have more new partners because this is a very potential coin for you to choose to invest. In addition, this is also my favorite long-term investment option and the altcoin season will definitely make this coin reach new ATH.

[rodskee]

if this year is the biggest Ethereum ever?then i must say i am going to be rich in 2020?because i had been holding my ethereums for couple of years now expecting to make a Hype more than January 2018?
but yeah we have been also waiting for ETH2.0 right?and also this Bitcoin Miners halving that will happen in the next 2 3 months?
no wonder why there are threads that like this to Boost our trust Ethereum holders.

[lienfaye]

if this year is the biggest Ethereum ever?then i must say i am going to be rich in 2020?because i had been holding my ethereums for couple of years now expecting to make a Hype more than January 2018?
but yeah we have been also waiting for ETH2.0 right?and also this Bitcoin Miners halving that will happen in the next 2 3 months?
no wonder why there are threads that like this to Boost our trust Ethereum holders.

Im holding my eth as well for few years already, been waiting for the price to soar high again just like before but it seems eth is struggling to recover.

Hopefully this year will be different for the past years since many event can affect the price of eth and other altcoins. We know btc has an influence to alts price therefore if btc halving can trigger to have a bullish market then alts will turns up as well.

Its just a speculation but who knows it might happen for this year.

[CuriousGeorge]

0.04 to 0.05 might not be considered as a growth if btc value will drop, imagine if bitcoin will dump to $3000 again and the price of ETH is 0.05 btc, that would still be lower than the current price, that is just equivalent to $150, and actually investors does not measure based on sats value but on dollar value.

it's hard indeed if the price of bitcoin goes down because Ethereum itself depends on the price of bitcoin but I believe the price of bitcoin won't fall that badly, at least it can still be above $ 5k, but we don't know the future how we can only wait

I cannot analyze Ethereum because the coin is still very dependent on Bitcoin and if it is not possible, Ethereum will have a difficult time ahead. I hope after Ethereum 2.0 appeared, this coin can develop itself and have more new partners because this is a very potential coin for you to choose to invest. In addition, this is also my favorite long-term investment option and the altcoin season will definitely make this coin reach new ATH.

It's not. If you are aware of the ethereum chart right now and it does not totally depend on bitcoin. dapps is also affecting the price of ethereum. As long as the FOMO for POS will always there and it will not so difficult for ethereum to recover the price from the latest bearish chart. Maybe POS is not a big bet but that's enough to bring a good impact to make people wanna participate in the ethereum staking.