Ethereum 2.0 and its impact?

[m.rifki]

Seeing yesterday the hype that occurred due to eth 2.0 will be launched in July even though it is a hoax and could make the price of ETH rise quite high, I think if ETH 2.0 was really launched the price of ETH would be 2x fold from now.

conditions will be different when bitcoin has decreased. moreover, look at some updates from major projects that have already taken place. LTC and BTC, they appear to have made an update but there is no progress in the price of their coins in the market. hopefully, ETH can increase. but if you expect big hype I don't think it will happen in a short time.

[Dr.Osh]

as far as I think, from the options given, most likely the price is above $ 500. however, I don't want to expect too high with the imminent development of ethereum 2.0. it's just, I really prepared assets for it. I was quite excited to wait for ethereum 2.0, and the price would be higher if the bitcoin pump was at that time.

[deathcode]

as far as I think, from the options given, most likely the price is above $ 500. however, I don't want to expect too high with the imminent development of ethereum 2.0. it's just, I really prepared assets for it. I was quite excited to wait for ethereum 2.0, and the price would be higher if the bitcoin pump was at that time.

I also prepared ETH in my wallet to participate in welcoming the ethereum 2.0 update.
not much hope, because indeed I always liked ETH. but I have confidence that this update will not have a rapid effect on the price of ETH on the market. this requires market adjustments to updates made.

[meanwords]

I'm not really hype for Ethereum 2.0 because it will not solve it's centralization. It'll probably just stay like it is while still attached to Bitcoin waiting for Bitcoin to pump before ETH pump. POS has been a thing since 2017 and it's really not much of a new thing. Also, there's a minimum amount to stake ETH and not everyone can afford that.

Seeing yesterday the hype that occurred due to eth 2.0 will be launched in July even though it is a hoax and could make the price of ETH rise quite high, I think if ETH 2.0 was really launched the price of ETH would be 2x fold from now.

I doubt it, really. Unless Bitcoin is to pump while Ethereum hype is still on, then we could see ETH price going up too.

[Aaroenz0r]

Seeing yesterday the hype that occurred due to eth 2.0 will be launched in July even though it is a hoax and could make the price of ETH rise quite high, I think if ETH 2.0 was really launched the price of ETH would be 2x fold from now.

I doubt it, really. Unless Bitcoin is to pump while Ethereum hype is still on, then we could see ETH price going up too.

I'll be a bit skeptical about this. Even though ETH 2.0 can't solve its centralization, it still creates some significant moves to gain its position in the market. Right now, a lot of people are hoping that ETH 2.0 actually pulls the market up and brings another bullish season for this year! We can't know for sure but let's see!

[DoubleEdgeEX]

The price is not the only thing to have an eye on, it´s the matter of mass adoption and becoming a global industry standard. If they can manage to make 2.0 the backend to go to for big incorporations the price will increase anyway but the effect on the economy well be far more impactful

[KiloFoxtrot]

I can take the latest chart of validators in beacon chain as good data to determine the trend https://beacon.etherscan.io/statistics

We can see the validators were have been growing up even more. More validators = more ethereum will be locked in staking address and that means less circulating supply will available in the market.

In this case, less inflation will actually give benefits to the price of ethereum.

that's the main key.

I put $300 as the next pit stop for ethereum

Yes, I agree. And to put it mildly, ETH recently just broke the $200 mark and has at least stayed there for some time now. Hopefully, a slow but sure rise would give us a clear indication (just like with BTC) sooner rather than later.

[masterrex]

As we see and observe today the Ethereum 2.0 hype has brought changes already the Ethereum network now is clogging and the transaction fees were also increasing and it takes time before being confirmed and for me, it's not a good part of Ethereum 2.0 development, Aside from those problems, the migration from "PoW to PoS" has also some issues like the 32 Eth requirements for staking. and other related topics that created a buzz on the Ethereum community.

[bitgolden]

If ethereum 2.0 will be supporting staking then definitely we can expect it will be having a new ATH in terms of USD (I still doubt ethereum can ever test its old price levels of BTC values). I guess ethereum devs must be waiting for bitcoin to enter into stronger bullish mode to release the next version of ethereum for hype reasons. Yes, when bitcoin into bullish trend like how it was doing in August to November 2017, you can easily attract investors for your coins if you release any positive news.

I understand the ongoing pandemic could be another reason why they are delaying 2.0 version but they must be looking for more perfect market scenario so that they could get their efforts pay them even in short period of time itself. Ethereum 2.0 may not be a game changer but it may remain hot opportunity for some period of time for sure.

[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]

Then I believe Speculation (Altcoins) must be more appropriate board for this topic .

[irfan_pak10]

-snip-

[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]

Then I believe Speculation (Altcoins) must be more appropriate board for this topic .

Yes or no, i think this contains both the speculations and discussions so it can be posted in either section.


Here is an update regarding ETH 2.0 at CT

Ethereum 2.0 still en route
A long time coming, Ethereum 2.0, or ETH 2.0, still has not yet gone live with the network's transition into proof-of-stake, or PoS, consensus.

The network's blog posted its 12th ETH 2.0 update recently, stating a team hard at work. The update showed a number of main developments, including "new Solidity deposit contract formally verified and added to the bounty program," as well as another Altona testnet version, v0.12, likely hitting at some point over the next several days, the blog post said.

Other details included "continuation grant to Sigma Prime for beacon-fuzz to find all the bugs."

Ref: CT

[kindbtc]

As I have already posted somewhere that Ethereum 2.0 is going to launch its phase 0 this year and phase 1 during the next year. I have the expectation that launch of the ethereum POS system will bring many positive changes and its price will hike much more than expected.

So what do you have in your mind, how much price will hike?
When do you think it will be a good time to invest - I think, now is a good time, Price will hike as before its launch.

[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]

I do not think suggesting people to invest in something is a good idea even when eth looks bullish, most of the community is quite positive about eth and i personally think that if eth network comes up with instant transactions and low fee alongwith pos model the price is going to blast and 2k will look small because 1.4k is last all time high so expect next peak to be much higher maybe 3.5 to 5k. Everyone has his own thinking and i am sure everyone does what they think is best for them.

[bigcash2011]

As I have already posted somewhere that Ethereum 2.0 is going to launch its phase 0 this year and phase 1 during the next year. I have the expectation that launch of the ethereum POS system will bring many positive changes and its price will hike much more than expected.

So what do you have in your mind, how much price will hike?
When do you think it will be a good time to invest - I think, now is a good time, Price will hike as before its launch.

[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]

Eth 2.0 is not just a upgrade it is a complete evolution of the whole eth network into a new and highly efficient network that will fit the current and future needs of the market and the network, not only it will result in the change of algorithm from pow to pos but it will solve the major scalability issues as well and so on it will also solve the inflationary and supply issues of eth and will convert into a truly deflationary coin, so the future potential is huge and i see eth growing multiple multiple times in the future.

[serjent05]

As I have already posted somewhere that Ethereum 2.0 is going to launch its phase 0 this year and phase 1 during the next year. I have the expectation that launch of the ethereum POS system will bring many positive changes and its price will hike much more than expected.

So what do you have in your mind, how much price will hike?
When do you think it will be a good time to invest - I think, now is a good time, Price will hike as before its launch.

[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]

It is quite hard to predict the possible price of ETH after implementing its upgrade since we do not know how much is the price of  ETH by that time.  It is for sure will bring hype to the market, and if by then a pump group will trigger a spike in ETH price, it is possible that it can double in price because of the positive sentiment, hype, and the possibility that FOMO may trigger.  But it can also go the other way since

[jostorres]

I do not think that it will have a new ATH because the ATH stands around 1.5k and that is way too far ahead, even if price is 300 dollars by that time we are talking about a x5 increase and I doubt that price could go up that much, it surely will go up but I doubt it would be that much. That is why I think a realistic approach would be to assume ethereum will hit around 500 to 800 dollar levels, which is half to 1/3 of what ATH was and it would still be awesome for ethereum.

It is around 250 dollars right now and what we are talking about is not reaching x6 of the current price but reaching x2 or x3 which is not really that bad if you ask me. That is why ethereum 2.0 will increase the price of ethereum a ton, however I believe it will also affect all the other coins as well with new money coming into market as well.

[sheenshane]

It is quite hard to predict the possible price of ETH after implementing its upgrade since we do not know how much is the price of  ETH by that time.  It is for sure will bring hype to the market, and if by then a pump group will trigger a spike in ETH price, it is possible that it can double in price because of the positive sentiment, hype, and the possibility that FOMO may trigger.  But it can also go the other way since

Yeah, it's quite hard to predict because as we can see that the price of majority in altcoins is based on the movement of Bitcoin dominance.
It's very unstable in the market and providing our own speculation broadcast might not give accurate results as we expected.

When Ethereum volume 2.0 will successfully be launched, I believed there's a lot of changes for sure. Just like fees and might also the Ethereum miners will have a little adjusting with the current network operated. Just one thing that comes up in my mind, is this the time that Ethereum will not depend on the Bitcoin dominance?

[WalkerIVIV]

The price is not the only thing to have an eye on, it´s the matter of mass adoption and becoming a global industry standard. If they can manage to make 2.0 the backend to go to for big incorporations the price will increase anyway but the effect on the economy well be far more impactful

I think that you should aware if the result of price will be reflected the demand that has already gotten by ethereum.

More demand means massive adoption too and this will actually affect the price of ethereum itself. They aim to be massively adopted by all people and companies.

[Kotone]

Seeing yesterday the hype that occurred due to eth 2.0 will be launched in July even though it is a hoax and could make the price of ETH rise quite high, I think if ETH 2.0 was really launched the price of ETH would be 2x fold from now.

For now we could say that hype will turn on eth 2.0 when it will launch. So many people anticipating that it could rise high and I think there's actually a chance even surpassing its previous ATH. During the last bull run almost everyone got profits due to eth reaching 1k usd, and this is due to hype of ICOs now, technically the network will undergone a total renovation and PoS will be the trend of the year for eth. For me its gonna be positive and looking forward to its improvement.

[Blue_oxen]

Seeing yesterday the hype that occurred due to eth 2.0 will be launched in July even though it is a hoax and could make the price of ETH rise quite high, I think if ETH 2.0 was really launched the price of ETH would be 2x fold from now.

For now we could say that hype will turn on eth 2.0 when it will launch. So many people anticipating that it could rise high and I think there's actually a chance even surpassing its previous ATH. During the last bull run almost everyone got profits due to eth reaching 1k usd, and this is due to hype of ICOs now, technically the network will undergone a total renovation and PoS will be the trend of the year for eth. For me its gonna be positive and looking forward to its improvement.

I believe so! ETH 2.0 will create another altcoin season or another bullish season for the market. Most people say that ETH depends on the changes of BTC but actually, ETH can affect the market itself. Since it has been around the market for a long period of time, ETH has certain roles and effects that probably has the ability to affect the market!

[KiloFoxtrot]

Seeing yesterday the hype that occurred due to eth 2.0 will be launched in July even though it is a hoax and could make the price of ETH rise quite high, I think if ETH 2.0 was really launched the price of ETH would be 2x fold from now.

For now we could say that hype will turn on eth 2.0 when it will launch. So many people anticipating that it could rise high and I think there's actually a chance even surpassing its previous ATH. During the last bull run almost everyone got profits due to eth reaching 1k usd, and this is due to hype of ICOs now, technically the network will undergone a total renovation and PoS will be the trend of the year for eth. For me its gonna be positive and looking forward to its improvement.

I believe so! ETH 2.0 will create another altcoin season or another bullish season for the market. Most people say that ETH depends on the changes of BTC but actually, ETH can affect the market itself. Since it has been around the market for a long period of time, ETH has certain roles and effects that probably has the ability to affect the market!

Once ETH 2.0 happens, it will either be Ethereum's time to shine... or else, so we'll see and find out soon enough.

[nutriagrigia]

it is impossible to even imagine. It is possible that the launch of ETH 2.0 will not even affect the price, because the whales have already purchased a large amount of coins for staking and I will receive passive income.