thecodebear (OP)
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November 24, 2020, 06:38:58 PM |
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Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable?
I'm talking about instead of Ethereum launching up into the low to mid four digits, could Eth2 push Ethereum to say 5 digits in the coming years so that Ethereum joins Bitcoin as a dominant chain in the blockchain industry, rather than just the main chain in the market of what's left over outside of Bitcoin?
What sort of price future do you see for Ethereum in the coming years as Eth2 is implemented and fully brought on line. Will we see another vast expansion of Ethereum that far outstrips other top coins? Or you just think Eth2 will allow Ethereum to remain relevant and continue the sort of expansion you'd expect with the general crypto market expansion?
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carlfebz2
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November 24, 2020, 08:24:43 PM |
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Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable?
Possible! Looking at on what happened on Bitcoin with lots of Forked coins on it but still nothing beats out when it comes to its price into their parent coin or where it did forked. It might be a much better version but still people do support on where it do originated.This is why i dont see that any upgrades or new coin will able to surpass into that main coin. ETH2 or something wouldnt really be just the same on where people did initially support.
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Qoheleth
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November 24, 2020, 08:46:56 PM |
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If/when Eth2 launches, and if/when it's been in production long for people to be confident in its stability, I think it has a lot of upside potential. A working, major Proof of Stake implementation is a big deal. It answers one of the most salient arguments against broad cryptocurrency adoption these days: the effects of PoW-based mining on the environment. And Ethereum already has a lot going for it in terms of features (autowallets, Tornado-based private transactions, the ERC20 sea...) whether or not it can make PoS work. Looking at on what happened on Bitcoin with lots of Forked coins on it but still nothing beats out when it comes to its price into their parent coin or where it did forked.
It might be a much better version but still people do support on where it do originated.This is why i dont see that any upgrades or new coin will able to surpass into that main coin.
ETH2 or something wouldnt really be just the same on where people did initially support. I'm not sure this logic holds for Ethereum; it's already been through one high-profile fork where the "new" coin surpassed the old one. If Eth2 works, my best guess is that those on the Eth1 side who refuse to adopt the two-way peg with Eth2 will eventually be frozen out by the Ice Age; to escape that, they'd have to write a fork of their own, which will make it harder to call themselves really "Ethereum".
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If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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thecodebear (OP)
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November 24, 2020, 08:48:17 PM |
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Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable?
Possible! Looking at on what happened on Bitcoin with lots of Forked coins on it but still nothing beats out when it comes to its price into their parent coin or where it did forked. It might be a much better version but still people do support on where it do originated.This is why i dont see that any upgrades or new coin will able to surpass into that main coin. ETH2 or something wouldnt really be just the same on where people did initially support. You realize when I say Eth2 and Ethereum I'm talking about the same coin right? It's not two different coins. I'm talking about Ethereum. Just asking what people think the Eth2 upgrade will do for Ethereum in terms of price appreciation.
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Scripture
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November 24, 2020, 09:40:55 PM |
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Everything is possible in cryptomarket but the update is not enough to push the price on a 5 digits mark and of course, this will take time and a lot of work to do for them. The mass adoption can also help ETH price to go up more, if more projects to come under ETH blockchain then we might get closer into this dream and will make this one reality in time.
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AliMan
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November 24, 2020, 10:13:42 PM |
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Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable?
I'm talking about instead of Ethereum launching up into the low to mid four digits, could Eth2 push Ethereum to say 5 digits in the coming years so that Ethereum joins Bitcoin as a dominant chain in the blockchain industry, rather than just the main chain in the market of what's left over outside of Bitcoin?
What sort of price future do you see for Ethereum in the coming years as Eth2 is implemented and fully brought on line. Will we see another vast expansion of Ethereum that far outstrips other top coins? Or you just think Eth2 will allow Ethereum to remain relevant and continue the sort of expansion you'd expect with the general crypto market expansion?
I think so, there's always a broad capabilities that eth may bring in the future of our asset. However, that eth2 would do more great things in our lives but considering the fact that transaction fee always matters most. The value maybe soon expensive, but don't expect fees could be the same during lean times. Everything changes so people should learn how to adopt certain fluctuations.
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Fundamentals Of
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November 25, 2020, 03:09:44 AM |
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Ethereum is already a dominant market in the whole cryptocurrency market. Of course Bitcoin is always the number one. Ethereum is just a humble alternate cryptocurrency. So it will always be Bitcoin first and foremost and then altcoins. But Ethereum is always the top among altcoins. It is the dominating coin in that space.
Ethereum is going to be hitting the five-digit price very soon. ETH 2.0 looks successful so far. The launch is happening now.
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Aletheaminlin
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November 25, 2020, 06:25:18 AM |
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Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable?
I'm talking about instead of Ethereum launching up into the low to mid four digits, could Eth2 push Ethereum to say 5 digits in the coming years so that Ethereum joins Bitcoin as a dominant chain in the blockchain industry, rather than just the main chain in the market of what's left over outside of Bitcoin?
What sort of price future do you see for Ethereum in the coming years as Eth2 is implemented and fully brought on line. Will we see another vast expansion of Ethereum that far outstrips other top coins? Or you just think Eth2 will allow Ethereum to remain relevant and continue the sort of expansion you'd expect with the general crypto market expansion?
I think it's driving up the eth, i don't see any easier and more convincing reason than this news, the market trend is increasing day by day.
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1+1+1=2+1
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puremage111
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November 25, 2020, 06:58:02 AM |
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Indeed, that is what happening now Price is moving in an up curve where the chart looks like the 2017 chart where the price moves up furiously
ETH 2.0 allows cheaper TX which leads to more TX per second too It enhance the overall chain and will be solving the high ETH fee problem The current ETH TPS is like 15, with ETH 2.0 fully adopted, it can scale up to 100,000 TPS It's an crazy amount of improvement
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SyndicateLabs
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November 25, 2020, 09:14:57 AM |
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Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable?
I believe that is happening, for those who love and learn about blockchain see the problem of ETH right now, and that ETH 2.0 will upgrade the capabilities of ethereum. And with that, the whole market is on the rise right now, so the news of eth 2.0 will reinforce the value of current ETH.
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Tushar Ramani
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November 25, 2020, 11:50:28 AM |
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I think that is very much possible. However, it may not happen before the phase 2 implementation. If you currently look at the rate of ETH being stacked for 2.0, current mining difficulty and centralized payment gateways/solutions like PayPal buying shitloads of ETH-BTC to meet the user demand, I think there will be a shortage of supply which will force the price to move upwards.
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judaspriest
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C O M B O
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November 25, 2020, 12:12:36 PM |
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take a look at the market and what happened to ETH, although it's still news and it's not complete that Ethereum price has reached over $ 500, doesn't this have an impact on the price ?,
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peter0425
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November 25, 2020, 12:26:06 PM |
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Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable?
More valuable ?well this is early to tell because it will be proven at least after December when the ne version is Month old already since this will open in the day 1 of December. I'm talking about instead of Ethereum launching up into the low to mid four digits, could Eth2 push Ethereum to say 5 digits in the coming years so that Ethereum joins Bitcoin as a dominant chain in the blockchain industry, rather than just the main chain in the market of what's left over outside of Bitcoin?
What sort of price future do you see for Ethereum in the coming years as Eth2 is implemented and fully brought on line. Will we see another vast expansion of Ethereum that far outstrips other top coins? Or you just think Eth2 will allow Ethereum to remain relevant and continue the sort of expansion you'd expect with the general crypto market expansion?
Going side by side with bitcoin is very far reality,though it is possible yet not for a short time,not until Bitcoin Cap lowers at least 55% above to ethereum then i may change my views over this.
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Periodik
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November 25, 2020, 02:20:25 PM |
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No doubt, Ethereum 2.0 will contribute a lot to the increase of Ethereum's price. Even before the launching a lot of Ethereum supporters were already excited about the final date of the launch. And now that the launch has finally taken place, the price is also increasing along with the trust people give to Ethereum.
I even think that if only there was no bull run that takes place at the same time while Ethereum 2.0 is launched, the price of Ethereum would have soared to more than $1,000 already or has already created an ATH. It so happened that Bitcoin is in direct competition of the hype of Ethereum 2.0.
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Kocret02
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November 25, 2020, 02:46:08 PM |
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eth will experience a substantial increase eth 2.0 seems to have the maximum effect for the development of eth in the future. I think now Eth is preparing a big surprise for some time to come
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shoreno
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November 25, 2020, 02:58:07 PM |
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take a look at the market and what happened to ETH, although it's still news and it's not complete that Ethereum price has reached over $ 500, doesn't this have an impact on the price ?,
positive news relating to crypto can have an impact to the coin especially if it was the actual coin that they are referring to but the news happened long time ago when eth was at over 200usd . the news benefited eth around a hundred usd i think ? and after that , eth became stagnant again and theres also no more update that followed in regards to eth 2.0 . eth started moving again after the btc bull run occured . i dont see the future but im confident that the deployment of eth 2.0 can contribute greatly in eth current value .
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TastyChillySauce00
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November 25, 2020, 04:48:52 PM |
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It will. The threshold already reached and that proves how big the interest from the community to help ethereum to achieve its target. I see that celsius and various platforms that used ERC20 as tokenization purpose have been giving their contribution to the activation of ethereum 2.0 The ethereum's community is so solid at this moment and the price of ethereum started to increase. There will be another ATH next year maybe caused by less inflation.
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leea-1334
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November 25, 2020, 05:07:59 PM |
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Must be my third or fourth comment about ETH 2.0 this week and sure,,, I do not mind talking more about it. Vitalik is obviously pumped about the response so far though to be honest with the ATH of 2020 I am actually even more surprised that the staking requirements did not meet faster. Developers probably do not want it to happen though as this will push expectations even higher.
If expectations are met in Q1 2021, then maybe a 1000 price tag is not too far.
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CapGelatik
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November 25, 2020, 07:05:42 PM |
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eth will experience a substantial increase eth 2.0 seems to have the maximum effect for the development of eth in the future. I think now Eth is preparing a big surprise for some time to come
because the staking feature makes Ethereum even more popular, especially with a large reward in staking, Ethereum can be skyrocket to the price of $ 5000 easily, hopefully , just pray and hold ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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uray
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November 25, 2020, 07:56:55 PM |
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Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable? Are you following the market, the price of ETH has increased multiple folds in the past few months and you still think that it will not make any significant difference in the valuation. The price has reached to levels that were far stretched to reach last year and with the way the market has performed we might see the price touching its all time high valuation next year and hopefully we will continue on those levels even after the correction.
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