Eth 2.0 Impact on Eth

[LibertyShire]

Then learn to listen to everything from people, work hard to learn from those who have gone before, and this market information is also very sought-after. Here people will help you with a generous attitude, I just want to advise you to be patient for learning.

That's why i posted this issue on this forum !!!!

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[Ararbermas]

So for me, I think the release of eth 2.0 should rather cause eth to highly increase in value rather than come crashing, the release of eth 2.0 will be the best news for Ethereum supporters and users.

i hope when they deployed eth 2.0 it increase the price but not the fees again.. Because it will be the biggest nightmares for like us that keep hodling some ethereum in our wallet wherein just to prevent spending too much gas and still hoping a changes for this upcoming new update.  Actually someone says it will be the best news when eth make updates.

I hope so because it seems like your paying too much even just a small amount of transaction wherein very unacceptable actually, especially like us that just hodling a small amount of ethereum.  If it getting worse before that update we're stuck forever honestly..

[DrearyUrbanite]

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Its not cause the eth 1.0 down. I think whrn ethereum 2.0 seems to be launch erlier it must goes up in price, because it will caused developer/company who build dapps on ethereum move back to ethereum from BNB network. It cause the fees going high again because of network congestion

I have no idea what it will do to the price as people don't seem to care about the transaction fees anyway if you look at the GWEI price that is insane. ETH 2.0 was supposed to reduce the transaction fees and I hope it does significantly as this is really a bad situation and not sustainable for any application being built for Ethereum.

[husnija]

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Its not cause the eth 1.0 down. I think whrn ethereum 2.0 seems to be launch erlier it must goes up in price, because it will caused developer/company who build dapps on ethereum move back to ethereum from BNB network. It cause the fees going high again because of network congestion

I have no idea what it will do to the price as people don't seem to care about the transaction fees anyway if you look at the GWEI price that is insane. ETH 2.0 was supposed to reduce the transaction fees and I hope it does significantly as this is really a bad situation and not sustainable for any application being built for Ethereum.

they seem to be looking for a solution for it and need several stages in the implementation for the system to be more perfect
This is still an early stage and it hasn't been disappointing, we'll see how big the impact will be

[VanDeinsberg12]

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Its not cause the eth 1.0 down. I think whrn ethereum 2.0 seems to be launch erlier it must goes up in price, because it will caused developer/company who build dapps on ethereum move back to ethereum from BNB network. It cause the fees going high again because of network congestion

I have no idea what it will do to the price as people don't seem to care about the transaction fees anyway if you look at the GWEI price that is insane. ETH 2.0 was supposed to reduce the transaction fees and I hope it does significantly as this is really a bad situation and not sustainable for any application being built for Ethereum.

People do care about fee more specifically the dapps since the more code executed means the more gas you need to pay and it's affect really a lot, you can see also that now many dexes that moving to bsc attract so many people to also move to bsc primarily when it requires $100 to just swapping coin

eth 2.0 im sure gonna make eth blockchain populated with people again, like it or not the fact that a chain like bsc has so many shitcoins created there means they are populated enough.

[Desscount]

So for me, I think the release of eth 2.0 should rather cause eth to highly increase in value rather than come crashing, the release of eth 2.0 will be the best news for Ethereum supporters and users.

i hope when they deployed eth 2.0 it increase the price but not the fees again.. Because it will be the biggest nightmares for like us that keep hodling some ethereum in our wallet wherein just to prevent spending too much gas and still hoping a changes for this upcoming new update.  Actually someone says it will be the best news when eth make updates.

I hope so because it seems like your paying too much even just a small amount of transaction wherein very unacceptable actually, especially like us that just hodling a small amount of ethereum.  If it getting worse before that update we're stuck forever honestly..

In my opinion, if ETH 2.0 is officially released, the effect will not only make the price of Ethereum go up very high. However, it makes gas fees
go down, which is the biggest problem for Ethereum platform users right now is a very high gas fee. Hopefully my guess will come true, because
if the emergence of ETH 2.0 cannot reduce gas fees, Ethereum can be increasingly abandoned by its users.

Indeed, the problem so far is the high transaction costs as you say,
and I hope the transaction fee can go down soon and I think that's what everyone hopes,
but if in fact the transaction costs are still high I don't think people will be that easy to leave ethereum

[int03h]

I was very confused when reading the content of this thread. Let me explain to you as follows: ETH 2.0 is an upgraded version of ETH 1.0 technology so it is still just ETH and no Fork happens.
So the price increase or decrease will take place directly on ETH. Price decrease or increase will depend on the success of the upgrade to ETH 2.0

[DrearyUrbanite]

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Its not cause the eth 1.0 down. I think whrn ethereum 2.0 seems to be launch erlier it must goes up in price, because it will caused developer/company who build dapps on ethereum move back to ethereum from BNB network. It cause the fees going high again because of network congestion

I have no idea what it will do to the price as people don't seem to care about the transaction fees anyway if you look at the GWEI price that is insane. ETH 2.0 was supposed to reduce the transaction fees and I hope it does significantly as this is really a bad situation and not sustainable for any application being built for Ethereum.

People do care about fee more specifically the dapps since the more code executed means the more gas you need to pay and it's affect really a lot, you can see also that now many dexes that moving to bsc attract so many people to also move to bsc primarily when it requires $100 to just swapping coin

eth 2.0 im sure gonna make eth blockchain populated with people again, like it or not the fact that a chain like bsc has so many shitcoins created there means they are populated enough.

We can only hope that the incentives for dapp builders will be in such a way that they only build dapps which make sense and not some senseless stuff that is just good to flood the network and produce congestion. It is annoying to see where the costs are at for now.

[slaman29]

Indeed, the problem so far is the high transaction costs as you say,
and I hope the transaction fee can go down soon and I think that's what everyone hopes,
but if in fact the transaction costs are still high I don't think people will be that easy to leave ethereum

Old problem. They used to say it about Bitcoin too and even many miners and companies left to socalled better coin like Bitcoin Cash. then when Segwit came around people who were complaining took so long to adopt it until today it's still barely 50% adopted anyway. So maybe in the end tx cost isn't everything?

[leea-1334]

If developers only listened to people,,, then their product would be without direction and only following popular opinion. Refer to Bitcoin Cash and see what it did to them, same as BTC diamond and all those other fork coins.

Ethereum does listen but they have so many proposals to choose from and very little idea of what may come from implementing any hence testnet periods and slow forks.

[feelideb]

As much as I would like to see ether price rises beyond what it is now, I think ethereum network is congested and there is a need for speedy upgrade! Ether 0.2 have started and many coin are locked away in staking yet, the staking effect is not significant yet! If ethereum network do jot upgrade Asap! I'm afraid ethereum network will become unuseable!

[WalkerIVIV]

I was very confused when reading the content of this thread. Let me explain to you as follows: ETH 2.0 is an upgraded version of ETH 1.0 technology so it is still just ETH and no Fork happens.

he was thinking if ethereum 2.0 will become a separate chain and that's why he was asking about that before but so many members already given enough answer for him.
I remember the rumour about the separate chain from ethereum 2.0
I would not be surprised to see that if there will be someone who is still asking a question about this dude.
This is a common thing. he was  a new comer.

[CutePanda]

With the release of ETH 2.0 later, of course it will have a very big impact, because in terms of price and volume of ETH, it will definitely skyrocket when that happens, in fact I am sure ETH can beat BTC in rank # 1 when ETH 2.0 is released in the future.

[adaseb]

With the release of ETH 2.0 later, of course it will have a very big impact, because in terms of price and volume of ETH, it will definitely skyrocket when that happens, in fact I am sure ETH can beat BTC in rank # 1 when ETH 2.0 is released in the future.

I don't think ETH 2.0 will cause much of a price increase. Right now miners are getting tons of revenue and price still rallied all the way to $4300. When ETH 2.0 comes out the miner issuance might be lower but it doesn't necessarily mean price will sky rocket due to lower supply hitting the market. Even EIP 1559 doesn't mean the supply constraint will cause price to sky rocket. Its possible but not necessary will come true.

BTC will most likely be #1 for a long time due to its security. ETH might for a little while be #1 however it won't hold that spot for long. Most long term crypto holders always prefer BTC. Its also much more stable in price and much much more decentralized and secure with all that hashrate. So I am pretty sure this won't happn.

[Amejoaquim]

ETH 2.0 will make ethereum be more usefull than before, i think you misunderstood about this.

ETH 2.0 will fix the fee problem and others, with this major upgrade i believe it will make ethereum price rise so high.

[Reatim]

If developers only listened to people,,, then their product would be without direction and only following popular opinion. Refer to Bitcoin Cash and see what it did to them, same as BTC diamond and all those other fork coins.

Exactly , Ethereum developer can make this best if they only have made listen but they dont instead pushing it through what they wanted but not what people wants.

Ethereum does listen but they have so many proposals to choose from and very little idea of what may come from implementing any hence testnet periods and slow forks.

But at least the effect showing now mate , having the value meeting another ATH multiple time ? i guess they are progressing.

ETH 2.0 will make ethereum be more usefull than before, i think you misunderstood about this.

Then teach us how this work mate?

ETH 2.0 will fix the fee problem and others, with this major upgrade i believe it will make ethereum price rise so high.

Fee is also Bitcoin problem but yet the price continues to rise so i think that's not the only thing that must be in the good way here.

[HaekalZ]

If ETH 2.0 will be released later, it is not certain that ETH will decline, on the contrary, I think the ETH price will continue to skyrocket when ETH 2.0 is released, it can even be 2-3x times the previous ETH price, based on my observation, ETH can reach $ 10k on when ETH 2.0 is released and will continue to be pumping.

[dogtana]

Eth2 will most of all tank MATIC and other projects trying to scale ethereum.

[leea-1334]

If ETH 2.0 will be released later, it is not certain that ETH will decline, on the contrary, I think the ETH price will continue to skyrocket when ETH 2.0 is released, it can even be 2-3x times the previous ETH price, based on my observation, ETH can reach $ 10k on when ETH 2.0 is released and will continue to be pumping.

Hmm I am not so sure what you mean at all, not certain it will decline? If? ETH 2.0 WILL be released this is for certain,,, just we are not entirely sure when. And why would that cause ETH decline.

Skyrocket, who knows. I would be happy with a return to 4000 and remaining there:)

[kesmex]

If ETH 2.0 will be released later, it is not certain that ETH will decline, on the contrary, I think the ETH price will continue to skyrocket when ETH 2.0 is released, it can even be 2-3x times the previous ETH price, based on my observation, ETH can reach $ 10k on when ETH 2.0 is released and will continue to be pumping.

Hmm I am not so sure what you mean at all, not certain it will decline? If? ETH 2.0 WILL be released this is for certain,,, just we are not entirely sure when. And why would that cause ETH decline.

Skyrocket, who knows. I would be happy with a return to 4000 and remaining there:)

I think it's the opposite if ethereum 2.0 is officially released it will make the price go up,
I believe that ethereum 2.0 is much better than before,
which is clearly one good move for ethereum