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Author Topic: ETH 2.0 has still no Effect on ETH price  (Read 408 times)
Paycoinzzz
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December 14, 2020, 06:34:38 PM
 #61

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 think you've got some confusion here about ETH 2.0 as well as their PoS scheme coming.  You should know that the news about Ethereum 2.0 updates dates back more than a year.  All traders or investors have had a buy mentality for a long time.  I can even confirm that Ethereum 2.0 had a strong impact on the price of ETH in March when the price suddenly plummeted.

The current problem where ETH has not been able to break the $ 620 resistance zone and reach $ 700 or $ 800 is that Bitcoin has yet to break resistance at the $ 20,000 price zone.  They all need corrections and accumulation, after which they can have enough buying force to break the strong resistance zone above. Smiley
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December 14, 2020, 09:48:54 PM
 #62

Etherium 2.0 is it a version to increase the price? Not to increase their security. I have seen it being updated for security and to reduce transaction jams. If you look at the price, you will see that it is upward. Along with the price of Bitcoin, it is also moving forward. Ethereum 2.0 is more secure and support 1000s of transactions per second. Etherium will take any other steps to increase the price.
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December 14, 2020, 10:02:21 PM
 #63

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 has no effect yet, but in the future there will be an effect,
don't worry, now the Ethereum price can hold on to strong support because many people have already staked Ethereum on EThereum 2.0,
of course this keeps the Ethereum price well maintained.

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baundul
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December 14, 2020, 10:05:51 PM
 #64

Prices have improved somewhat since the arrival of Ethereum 2.0. Keep in mind that price increases depend on the overall market price. The impact of Bitcoin is noticeable, it is not stable. If the market is stable, the price of etherium is likely to increase as a percentage. In the new year it could rise to 750 USD.
laser212
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December 14, 2020, 10:06:30 PM
 #65

So how dose one go by acquiring some eth 2.0 ?
bttmember
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December 14, 2020, 11:52:51 PM
 #66

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 think the effect will come gradually as more and more ethereum are being deposited for eth staking so i expect huge supply shortage due to high demand for staking and this will fuel intense pump in price, i would not be surprised to see around 5x gains in eth price in next 3 to 6 months.

Temido2222
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December 15, 2020, 02:06:43 AM
 #67

So how dose one go by acquiring some eth 2.0 ?

AFAIK you need to stake 32 ETH into the contract to start earning staking rewards. ETH 1.0 and ETH 2.0 will be merged in a couple of years
shiming
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December 15, 2020, 02:15:56 AM
 #68

For Ethereum, the price has risen a lot.  Although Ethereum 2.0 was successfully implemented.  But Ethereum still has a lot to do.  There is still a long way to go before success.  Investors must have a lasting attitude towards the price of Ethereum.  In order to have a good receipt.  After all, investment takes time to appraise.  And often many novices lack patience.

Astvile
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December 15, 2020, 02:21:16 AM
 #69

Still, soon we will see how it will really affect ETH price. But I guess we should focus instead on the positive effect of eth 2.0 on the mainnet of ethereum and improving ethereum transaction speeds and cost.
So how dose one go by acquiring some eth 2.0 ?
You'll be needing to deposit 32ETH on the deposit contract in order to be qualified for it, however there will be a lock period that will last for 2 years which means you cannot move any of your funds at the moment of the staking.

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December 15, 2020, 02:51:30 AM
 #70

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

Are you thinking that after ETH 2.0 is launched, the price will grow 10x?  The market isn't like that especially if the market growth is natural.  Unless ETH is greatly pumped, we will never see such huge increase in a short period of time, but if you look at its recent growth, ETH do increase in market value.  I think ETH 2.0 is one of the reason why ETH market price increased.
bryant.coleman
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December 15, 2020, 05:22:19 AM
 #71

Are you thinking that after ETH 2.0 is launched, the price will grow 10x?  The market isn't like that especially if the market growth is natural.  Unless ETH is greatly pumped, we will never see such huge increase in a short period of time, but if you look at its recent growth, ETH do increase in market value.  I think ETH 2.0 is one of the reason why ETH market price increased.

So far this year, the ETH prices have moved upwards by around 400% and most of this price rise can be attributed to ETH 2.0. Some of the experts even claim that Ethereum looks overpriced at this levels. But I don't share the same opinion, since the current level is still around 60% lower than the ATH reached during 2017-18. But any claim of 10x sounds impossible for me, at least for the next 2-3 years.
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December 15, 2020, 07:06:51 AM
 #72

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 is on an incredible surge, the value of ether is close to $600. Ever since the launch of Ethereum 2.0, lots of validators have already entered the ecosystem and staked millions.
since it's still in phase 0, we might not be able to see the results just yet, but once sharding happens and the transactions per second increase, so will the value of ether.

for now, just have little patience.
Kopetunto
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December 15, 2020, 03:26:25 PM
 #73

Are you thinking that after ETH 2.0 is launched, the price will grow 10x?  The market isn't like that especially if the market growth is natural.  Unless ETH is greatly pumped, we will never see such huge increase in a short period of time, but if you look at its recent growth, ETH do increase in market value.  I think ETH 2.0 is one of the reason why ETH market price increased.

So far this year, the ETH prices have moved upwards by around 400% and most of this price rise can be attributed to ETH 2.0. Some of the experts even claim that Ethereum looks overpriced at this levels. But I don't share the same opinion, since the current level is still around 60% lower than the ATH reached during 2017-18. But any claim of 10x sounds impossible for me, at least for the next 2-3 years.

The price of Ethereum did not go up by 400%, but almost 100%,
if it had increased by 400% it should have gone up above $ 1000, but this is still not happening,
I am sure Ethereum will make it happen.

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amarmurgi
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December 15, 2020, 05:46:17 PM
 #74

Why not, of course, the effect will come. I think ETH where in the last days but not so much hype you see where ETH from 130 dolar today for the first time the price has been hyped to 500 dolar up. So I think it has the potential to make an impact with ETH 2.0 as well. Because now the price is being hyped every day because many people here are buying that it will be worth a lot more hype. Thank you all.
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December 15, 2020, 07:26:58 PM
 #75

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 know about this quotes "buy the rumours and sell the news"
wich mean before eth 2.0 launch, ethereum price growing my friend, and when the launch time come there is nothing happend with the price buddy
but, i believe ethereum price will grow and break its ATH next year

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December 15, 2020, 07:45:47 PM
 #76

Well, Eth price escalated before the launch which was wuit good. Assuming the price didn't increase that would have been an issue but since the price increased I don't see it as a problem still. And people are really anticipating more growth from Eth. The issue would have been assuming the price didn't just increase at all that would have warranted take but the fact price increased should speak good.
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December 15, 2020, 07:51:53 PM
 #77

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 know about this quotes "buy the rumours and sell the news"
wich mean before eth 2.0 launch, ethereum price growing my friend, and when the launch time come there is nothing happend with the price buddy
but, i believe ethereum price will grow and break its ATH next year
Today, Ethereum is mined using the POW and POS algorithm. The POW algorithm produces more than 4,200,000 coins per year.
After switching to the POS algorithm, production will be greatly reduced and some of the commissions will be burned.
So the prospects for a price of $ 2,000 per coin are quite justified.

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Antlia Protocol
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December 16, 2020, 05:28:00 AM
 #78


Today, Ethereum is mined using the POW and POS algorithm. The POW algorithm produces more than 4,200,000 coins per year.
After switching to the POS algorithm, production will be greatly reduced and some of the commissions will be burned.
So the prospects for a price of $ 2,000 per coin are quite justified.

can you explain how the production will be reduced in PoS? I think the entire purpose of ETH 2.0 was to increase scalability and Transactions per second. By sharding they will be able to do that so should the production and value of ETH2.0 increase?
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December 16, 2020, 06:42:33 AM
 #79

I thnik not. Obviously ETH had been doing well since the upgrade besides the mining cost had been slowing down compared to before where when you send ETH for transaction it will cost you a lot. The upgrade is not about the market price increase rather it is to speed up the network where I think it is effective compared to the ETH network before.
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