Ethereum 2.0 and its impact?

[zasad@]

Did you read this?
https://github.com/ethereum/eth2.0-specs

Let me make it real simple for you:

Ethereum 2 Phase 0
No smart contract support, all processes will pass in ETH 1.0
Validators will lock their ETH and will validate rewards to each other in ETH 2.0.

Ethereum 2 Phase 1
No smart contract support, all processes will pass in ETH 1.0
Shards will be added, this will slightly increase the throughput in the ETH 2.0

Ethereum 2 Phase 2
Sharding with smart contracts support
How long? Will this work with other smart contracts?  
..

I already wrote about the phases of Ethereum 2.
Phase 0 and Phase 1 will not add significant changes to the speed of transactions. And the transition to phase 2 can take a very long time. I see that most users do not understand the nuances of ETH 2.0
We will still see a lot of speculation on the news.

[ololajulo]

Ethereum prices could be over 500 USD after the launch announcement. This will be the first impact price, after the launch price will be over 1000. Everyone can predict the price as experience but both halving and ETH 2.0 will lead us to the next bullrun. In the next bullrun, the Ethereum price could be over 15k USD.

I can remember Vitalik refute the July rumour of ETH 2.0 launch but have we now gotten the exact date for the launch ?

[zasad@]

Ethereum prices could be over 500 USD after the launch announcement. This will be the first impact price, after the launch price will be over 1000. Everyone can predict the price as experience but both halving and ETH 2.0 will lead us to the next bullrun. In the next bullrun, the Ethereum price could be over 15k USD.

I can remember Vitalik refute the July rumour of ETH 2.0 launch but have we now gotten the exact date for the launch ?

https://blog.ethereum.org/2020/06/23/eth2-quick-update-no-12/
"Altona v0.12 testnet
Ever since the release of spec version v0.12, client teams have been hard at work updating and testing their codebases in preparation for public testnets."

Phase 0 is still in the testing phase, so in 2020 we are unlikely to see the launch of ETH 2.0. I’m no longer waiting for official announcements about the start of POS for 2020.

[disconnectme]

The issue I have with this Ethereum 2.0 is the different phases this migration is going to take, it is possible we wont see much price growth unlike the whole migration to Eth 2.0 is complete but I feel Ethereum have the potential of touching $3k in the coming bull market

[Denreal]

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.

You cannot be sure that they already bought what they needed to buy. In fact, that is not enough determinant, whether it will pump, or not. Even if it pumps, it will be of great advantage to the whales and others like.
I am still optimistic about the launch and it is possible we see a remarkable difference.

[elewton]

The issue I have with this Ethereum 2.0 is the different phases this migration is going to take, it is possible we wont see much price growth unlike the whole migration to Eth 2.0 is complete but I feel Ethereum have the potential of touching $3k in the coming bull market

Oh man that's a huge number to expect! Personally, I believe ETH can reach and hold the price of $1k in the near future thanks to its ETH 2.0 launching. One of the reason is that people are hoping for a bullish season. They have a lot of confidence in the event so they keep holding ETH. More and more people are going to buy ETH to prepare for the upcoming event! Let's wait!

[samcrypto]

The issue I have with this Ethereum 2.0 is the different phases this migration is going to take, it is possible we wont see much price growth unlike the whole migration to Eth 2.0 is complete but I feel Ethereum have the potential of touching $3k in the coming bull market

Oh man that's a huge number to expect! Personally, I believe ETH can reach and hold the price of $1k in the near future thanks to its ETH 2.0 launching. One of the reason is that people are hoping for a bullish season. They have a lot of confidence in the event so they keep holding ETH. More and more people are going to buy ETH to prepare for the upcoming event! Let's wait!

After learning that the update with ETH is going to two different phase, I also thought the growth will take slower since people will still wait if the update is working well, and see if the next update will become more effective for them.

$3k is not that much for the bull run since we are talking about the next BIG bull run. Let's hope that no more delays with the update, and let's hope that the team are more ready to face the challenges of the market and the updates. I'm still holding with ETH, I know its worth to hold! 

[BigBos]

The issue I have with this Ethereum 2.0 is the different phases this migration is going to take, it is possible we wont see much price growth unlike the whole migration to Eth 2.0 is complete but I feel Ethereum have the potential of touching $3k in the coming bull market

very high prediction. we don't know the extent to which ethereum 2.0 will bring ethereum prices, and I expect big at thousands of dollars. it's just that, for now, I want to predict based on reality, even for $ 400 for a start is a pretty good goal. if the potential for ethereum can indeed reach thousands of dollars, then ethereum prices before the end of the year will approach that price.

[zasad@]

The price can rise for several common reasons:

1. Increase in demand for a coin
2. Reduction in the number of coins in circulation


"1.Ethereum 2 phase 0;
2.EIP-1559;
3.The end of mining; and
4.Ethereum 2 phase 2."

https://www.attestant.io/posts/charting-ethereum-issuance/

And after phase 2 we can see 1 and 2 reason, but it’s very difficult to say how long Phase 2 will start.

[gwaposakon]

One crypto platform that many are interested in and following right now is the grade of the ethereum platform to Ethereum 2.0. Much hype is given to it but I think it is rightfully so. The development of ethereum like sharding is not a new idea but Eth 2.0, I think, will be first to implement it. Then there is the proof of stake reward system. These will be a major development to the platform and Im sure many will support.