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Author Topic: ETH 2.0 has still no Effect on ETH price  (Read 408 times)
SHAHKHAN22 (OP)
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December 12, 2020, 04:59:20 PM
 #1

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

covfefe_
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December 12, 2020, 05:05:32 PM
 #2

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.
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December 12, 2020, 05:08:00 PM
 #3

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

All eyes focus on BTC, If ETH V2.0 will give price, it should happened before it was released since hype is what the price of the coin pump. BTC price action out shadowing the development of ETH v 2.0. This is a blockchain upgrade so why expect that the price will pump. You should expect that the transaction fee will lower and speed will boost exponentially. Let's give some time for ETH to get the attention of the crypto community. Maybe early next year once BTC find the stable price above 20K.

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December 12, 2020, 06:34:22 PM
 #4

You're focusing too much on the price while ETH 2.0 doesn't even guarantee that there's anything that could increase the price. Not to mention that the implementation of ETH 2.0 is done gradually.
ETH 2.0 will solve high gas cost and that's for sure but whether that's gonna help making eth bullish or not we don't even know. So, don't expect too much from 2.0. If you want profit, maybe try staking instead of waiting the price to be pumped.

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danglongbtc
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December 12, 2020, 06:44:52 PM
 #5

That is true. But ETH 2.0 is not something which is planned to roll out within a week. If you concerned about the price, it will be pushed hard right before the last phase for sure. Because it will look like an airdrop where once all phases are completed, stacked ethereum will be unlocked which will cause a mass sell decreasing the price. But by then, you will have time to cash your ETH out.
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December 12, 2020, 07:01:08 PM
 #6

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

Ethereum 2.0 doesn't have much effect on price  because its for blockchain upgrade not for price upgrade. The blockchain upgrade will have effect on the coin price with time. When there is more demand for the functions.
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December 12, 2020, 07:03:00 PM
 #7

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
Bitcoin's halving effect didn't took in effect quickly. But it has been shown after several months and that's why don't expect that with just launched 2.0, effect would come as quick as you think.
Don't you appreciate the price of ETH that once came also from the bottom?


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InwardContour
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December 12, 2020, 08:02:17 PM
 #8

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

Maybe you've not been following the market at all, how on earth can you say ETH 2.0 didn't impact Ethereum's price positively? It actually caused a spike in price for ETH. However, we already know many sell the news in crypto and not otherwise, so if you were waiting for major pump when the ETH 2.0 staking full launch news was released, then you are getting things twisted. You don't even need to worry when holding ETH, from my own perspective of reasoning since it's proven to worth holding over time.
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December 12, 2020, 08:03:48 PM
 #9

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

Do you expect miracle to happen just overnight? It takes time, Vitalik clearly stated it that it will take time before ethereum scalability will be fully achieved on ethereum network. We have phase 1 and phase 2 update that will be rolling out by developers in the future.
This concept of scalability is just like bitcoin halving that come once every 4 years, you don't expect the run up but surely comes naturally 2hen it's time for people to fomo in.
If you have ethereum, you want to delegate it to proof of stake but mind you, you wouldn't be able to unstake it till 2022 Cry Cry

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December 12, 2020, 08:29:33 PM
 #10

Everything requires a process, man, when the bitcoin halving just finished it didn't show anything but a few months later we saw it right! anyways 2.0 is not to increase ethereum prices but to upgrade the blockchain version, yes we hope that next year there will be a surprise at ethereum

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December 12, 2020, 10:18:25 PM
 #11

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
I wouldn't sell Ethereum now. Wait for news about the launch of phase 1 and about EIP 1559.
If a large part of the commission is burned, then the efmirium will decrease.
Ethereum will still have the opportunity to grow to $ 1300-1500, so be patient.

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December 12, 2020, 10:49:18 PM
 #12

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

Honestly, i think that the price will be infected by the lunch of Eth2.0 but this is hat happened; by the lunch of Eth.0, only Eth big holders will have the ability to run full nodes in opposite of small holders who would effectevely think about the technical backround you need to run a node and generate profit from staking. For this reason, Binance decided to accept Eth holds from its user and let them get a share from the profit without going deep into technical details.
Binance helped to let the price stay stable for now when compared to price before the release of Eth2.0.

R


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December 12, 2020, 11:56:50 PM
 #13

Ethereum 2.0 needs a lot of phases to complete its development progress and people didn't know what update that will be implemented on it and that's why they are still saying that ethereum 2.0 will make ethereum even bigger than before. In fact that if ethereum doesn't get any impact from the implementation of ethereum 2.0
Ethereum 2.0 will not bring a lot of impact to the price of ethereum.

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optimisticcm
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December 13, 2020, 12:22:35 AM
 #14

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
Halving is a different thing this is just like upgrading the original eth network with different strategies, programming and coding. Eth developers are busy and active in coming up with all eth 2.0 upgrades but please remember it will take time because what has launched till now is phase 0 so atleast wait till phase1 and 2 are also launched. Avout price im confident it will keep following the uptrend from here onwards.

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December 13, 2020, 12:25:29 AM
 #15

Be patient, ETH is a long-term investment and tbh, it's exciting to see all these developments. We know that Vitalik and the team are not stopping, which is great for the token price in the future. Investing in ETH right at this time is similar to investing in Microsoft early.
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December 13, 2020, 01:59:47 AM
 #16

Be patient, ETH is a long-term investment and tbh, it's exciting to see all these developments. We know that Vitalik and the team are not stopping, which is great for the token price in the future. Investing in ETH right at this time is similar to investing in Microsoft early.
People should have waited until the ethereum have done with all of its updates and people can determine the impact that already brought by ethereum 2.0 to the price of ethereum. as far as I known the total supply is not yet determined and this will be the problem for sure but it looks like when POS will be fully implemented and we can get a small insight about how strong the impact of ethereum 2.0 to the price.
It needs more than a year to make ethereum 2.0 fully implemented. This is not an easy task and I do agree if that could be a long term investment.

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December 13, 2020, 02:11:37 AM
 #17

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.
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December 13, 2020, 02:17:53 AM
 #18

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.
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December 13, 2020, 03:38:34 AM
 #19

The effect will not be felt instantly, Lol, just because ETH 2.0 has released doesn't mean that the price will go on the MOON. See, that is the problem with so called investors or newbie in this crypto world. They think it is a get quick rich scheme, like in a snap of a finger, will take years to really make a lot of money here.

So I will suggest that everyone should be relax and wait for the proper time to see the ETH 2.0 mature and then we will gauge if it is successful based on the price, maybe a ball park of 1-2 years.

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December 13, 2020, 03:39:32 AM
 #20

until the ethereum 2.0 network is fully operational, it will have no impact. at the moment people still doubt the new Eth 2.0 Concept. they say Staked is unprofitable, too much risk to be a validator. but when the old network is completely abandoned, there will be a surge in demand in the market. so wait till next year you will feel the impact of ETH 2.0
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