ETH 2.0 has still no Effect on ETH price

[Dr.Osh]

I'm pretty sure ETH 2.0 will bring ethereum prices up again. maybe it will coincide with an increase in the price of bitcoin, and I feel that this is the same as a halving, the effect will not be felt immediately, but it will take time for it. besides, don't get your hopes up in the cryptocurrency world, because sometimes high-thinking thoughts can knock you down.

[bittick]

Even bitcoin halving that's people suppose to somehow increase bitcoin price turns out to have impact. Not a strange thing if ETH upgrade 2.0 don't do significant price increase considering it's been delayed over and over.

Previously I expected what the OP thought, I had to buy ETH before the v2.0 upgrade happened. But there is something strange when the news about Ethereum is spread everywhere, but there is no significant change in price. Ethereum has increased in price following Bitcoin and other Altcoins that are also bullish. Seeing this condition, I prefer to hold first on fiat and USDT.

Thank you to those of you here who explained that the v2.0 upgrade is not that special, because the Ethereum blockchain network wants to speed up the ETH coin transaction process and switch from POW to POS.

ETH is already bullish in the first place even before ETH 2.0 upgrade starting to get implemented. Can't expect something that's already up to go far beyond again.

[RamBahadur.Gurung]

ETH 2.0 was overhyped much before it was rolled out. The exchange rates went up steeply months before Ethereum 2.0 came out. We still don't know whether the implementation will be successful or not. If it is not successful, then we can expect the prices to fall back to the previous levels, or even go below those levels to around BTC0.010 per coin.

[RabbiTANK]

Everyone know ETH 2.0 is recently Passed  and unfortunately I had not seen any positive changes in Ethereum Price .
I am so 😲 shocked that why ethereum 2.0 doesn't effect the price of ethereum just like bitcoin halving effect the bitcoin price like halving make BTC price higher . but Ethereum 2.0 doesn't show anything till now.
Please share your thaughts about this it will be pleasure for me

The upgrade to proof of stake isn't halving, this is just some adjustments in the system, there is no reduction in total max supply, there is no burn of some percentage of the max supply, nothing, everyone thought the POS will have impact, whales did filled their bags but unfortunately eth price remains the same

[Retainly_Collie]

Everyone know ETH 2.0 is recently Passed  and unfortunately I had not seen any positive changes in Ethereum Price .
I am so 😲 shocked that why ethereum 2.0 doesn't effect the price of ethereum just like bitcoin halving effect the bitcoin price like halving make BTC price higher . but Ethereum 2.0 doesn't show anything till now.
Please share your thaughts about this it will be pleasure for me

If you say there is no effect then i think you need to look at your ability to evaluate the market, i see that the news of ETH 2.0 really affected the price of Ethereum, do you know why? Why has ETH been able to grow in the past? Agree that the market trend is on the rise, but ETH 2.0 has a small impact on the price, maybe you are disappointed that you bought ETH at a high price, but don't panic about it, since ETH 2.0 is just catching and we still have a long time to see it complete.

[Reid]

Maybe because Bitcoin has the favor now.
Ethereum 2.0 is not being hyped much on social media. Let it sink in.

Don't just look at the price too. Try looking at the value of it.
If Ethereum supporters are moving their ETH for staking then I  think they are still on track with the goal they want to achieve.
It takes time, be patient my friend.  
And it's now $575 from $260 (July). Didn't even took a year to double it.

[huiji2011]

The calm before the storm，we need a little more patience to wait for this storm. For those who already have ETH in their wallet，i just have one suggestion，that is holding tightly，don't get dumped in the middle.

[MandatoryOption]

I am afraid that most people don't realize that the implentation of ETH 2.0 is a process not just a fixed date. We only saw the start of the beacon chain a few days ago, the phase 0. It will still take time until the next phases will be ready. Phase 0 doesn't really had an effect on the ETH we are currently using. The only thing that could've had an impact on the price was people buying ETH so that they could start staking right from the start.

[bayudndy]

I am so 😲 shocked that why ethereum 2.0 doesn't effect the price of ethereum

I think you should not be too stressed and relax because if you decided to invest in it, Ethereum is still having a good growth in the market. Your problem is that you do not realize the impact of ETH 2.0 on the lower price, if you buy ETH about a month before then you will feel different so depending on the news you know about Ethereum trust on what you chose.

[tvplus006]

The ethereum 2 not having pricing effects like Bitcoin halving does on Bitcoin is because the Bitcoin which is currently the major determinant of crypto market is still as it is. It is a proof that at the moment, no altcoins can make a wave in its own price except the Bitcoin does.

This is a very different thing in the crypto market, Ethereum 2.0 is just a renewal of the ethereum system for the better not like the Halving which could give birth to a new token by adopting the name of the parent, so this is a different thing so obviously it won't have any effect on ethereum's price.

Ethereum 2.0 posset tantum afficiunt pretium ETH si plus nummi erant addidit, ut contractus. Sic, copia in foro erit, deminutoque, quae afficiunt pretium Ethereum versus eius augmentum. In momento, de 1% of totalis numerus denarius est clausus, quae non potest ullo modo afficiunt pretium ETH.

[zaim7413]

The calm before the storm，we need a little more patience to wait for this storm. For those who already have ETH in their wallet，i just have one suggestion，that is holding tightly，don't get dumped in the middle.

Yes, throwing away ETH at this point is a mistake, because there are already many people who are willing to stock it up for the sake of getting a big profit next year, although that is not certain, but some of the people I asked, they on average hold ETH very tightly and some just use it for trading.

[Vishnu.Reang]

Yes, throwing away ETH at this point is a mistake, because there are already many people who are willing to stock it up for the sake of getting a big profit next year, although that is not certain, but some of the people I asked, they on average hold ETH very tightly and some just use it for trading.

We should not forget the fact that ETH prices have gone up by quite a lot so far in 2020. During the beginning of the year, it was trading at around BTC0.018 per coin, and now the prices have increased to around BTC0.030. Most of this price rise can be attributed to the hype surrounding ETH 2.0. It is clear that ETH has gone up much more than BTC during this year and that makes it much more riskier to invest in Ethereum at this point.

[Lantind]

affect initially the price of ETH stabilizes at 300 $ then rises to 600 and returns to stagnant at 500-590 $.
This is just the beginning. Maybe there will be an increase at the beginning of the year.

Yes, and hopefully this start can be a good lever for the beginning of next year, because if seen from the influence it is clear there is, because ETH is rising slowly and still holding out at a good price for now, so I hope ETH will continue to improve at the beginning of the year ahead later.

[so98nn]

Ethereum had an impressive price boost last month. And the ETH 2.0 hype stood so long that traders got used to it. And it's not just rolled all at once. It's like and update on the Ethereum blockchain and it would still take some time for the network to show the positive effect. As of staking, many exchanges had already started providing rewards for holding ETH even before the official launch.

This is so reasonable. It will surely take time to switch to new price same way bitcoin halving took time to hike the price. ETH 2.0 won't make changes in the prices so quickly because its BTC which was center of interest for every investor considering it's cool price hike.

I believe when it was time to invest in ETH people actually moved into BTC hype and made it far more stronger.

Just because there is upgradation doesn't mean it will make that coin go boom instantly. So it is still time to wait and watch for the investors to divide themselves sufficiently enough into BTC and ETH.

[Nellayar]

Everyone know ETH 2.0 is recently Passed  and unfortunately I had not seen any positive changes in Ethereum Price .
I am so 😲 shocked that why ethereum 2.0 doesn't effect the price of ethereum just like bitcoin halving effect the bitcoin price like halving make BTC price higher . but Ethereum 2.0 doesn't show anything till now.
Please share your thaughts about this it will be pleasure for me

How do you say so? Eth made an excellent move since the beginning of 2020. The price of ethereum was 100+ dollar only before but it moved up greatly up to 500+ dollars. Eth 2.0 had effect in ethereum price, it pushed the price a lot even we are in pandemic. I am still bullish in the market even the buyers are gradually fading. Hoping that ethererum will break its ath price by the end of 2021.

[cryptoknightt]

eth is a big coin, so it won't be as easy as a new coin that is listed on the market and then get some good news and the price will immediately go up very high. however, the rise in btc and altcoin prices a few months ago was also due to news or new economic growth due to this pandemic. so the news about eth v2 may still be inferior to fomo about the global economy.

[X-ray]

affect initially the price of ETH stabilizes at 300 $ then rises to 600 and returns to stagnant at 500-590 $.
This is just the beginning. Maybe there will be an increase at the beginning of the year.

Yes, and hopefully this start can be a good lever for the beginning of next year, because if seen from the influence it is clear there is, because ETH is rising slowly and still holding out at a good price for now, so I hope ETH will continue to improve at the beginning of the year ahead later.

The more improvement will come and these already planned by ethereum code developers. The problem is if the implementation will be taking a very long time and this could make ethereum to lose its hype again for sure.
I remember about the dump that happened a few years ago after the big pump that is happening like this time.
The more services are saying will accept ethereum staking very soon but it's not a lot of ethereum being locked in the staking address.

[Banulit]

Maybe we cannot feel the effect of the ETH2.0 at the moment but I have a strong guts that it will definitely be a game-changer for the ethereum blockchain knowing that this development focuses on fixing the platforms problems. I have a strong feeling that sooner or maybe within next year this eth2.0 will be part of the bullish run of ethereum.

[safari88]

what happened in 2.0 was an upgrade and it's one way to secure the ethereum well we can't expect to increase its price immediately but as we can see right now the price is much better than before.

[Om.monata]

eth is a big coin, so it won't be as easy as a new coin that is listed on the market and then get some good news and the price will immediately go up very high. however, the rise in btc and altcoin prices a few months ago was also due to news or new economic growth due to this pandemic. so the news about eth v2 may still be inferior to fomo about the global economy.

yes it seems reasonable, ethereum is unlikely to immediately experience a significant increase since the issue of ETH 2.0 so maybe the increase will be slow but certain when the time is and it will not be easy to dump. yes we believe ethereum will definitely be better in the future