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Author Topic: ETH adoption lately is high  (Read 898 times)
Stanlo (OP)
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August 01, 2021, 06:44:50 PM
 #1

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
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August 01, 2021, 06:49:32 PM
 #2


Well there is no doubt ETH2 is going to be an easy investment for the ones who have money to put on it. Institutions are said to be buying I heard it from Raoul Pal who vlogs about his cryptocurrency investment. He had been saying that ETH is the future actually. Although there may be a lot of us that could argue about it but the NFT, Defi smartcontracts could really make things big for ETH.

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August 01, 2021, 06:55:21 PM
 #3

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
ETH will arrive a new ATH but I'm sure not in August 2021 around October it's likely he will go crazy

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August 01, 2021, 07:00:07 PM
 #4

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
I think you are wrong, ethereum adoption is not higher than bitcoin, and is the news a future tense or it had already happen, ethereum may break again it all time high, I think it's one of the good representative of alt-coins, but now the adoption is under that of Bitcoin and if the price of ethereum keep rising, investors that can't afford it may look to other alt-coins within their reach, this plaque is also affecting Bitcoin.

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August 01, 2021, 07:14:03 PM
 #5

certainly eth 2.0 is an attractive investment for many but to set up a node and start earning with staking you need at least 30 eth so i believe that the pools will appear shortly, in the meantime, while waiting i would be satisfied if eth returned to the value of May that is 4356 $
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August 01, 2021, 07:32:18 PM
 #6

the dominance and positive trend is slowly starting to return and this brings fresh air to altcoins because this is very influential for altcoins, one of which is eth which rose 4.68% to $2,580, it was eth which was at the beginning of this august and my current resistance feeling will be strong enough for eth to stay awake Eth is up about 10% over the past week and rallied almost 30% after holding support at $1,720 and I'm pretty sure it will continue to creep up now that the negative news is slowly fading aside that's great news coming continuously for the past few weeks

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August 01, 2021, 08:24:39 PM
 #7

Could be a strategy. Purchase ETH before the fork, wait for the price to pump and just drop out. It doesn't mean ETH is getting more adopted imo. The hype is usually very high before big changes, remember SegWit.. I might be wrong of course, but I don't think there's much more than a simple money move.
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August 02, 2021, 06:40:25 AM
 #8

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

Is there any news about the launch of Ethereum 2.0.? If it is so, it must be a real trigger for Ethereum to increase significantly, as it is a very desired event. Because it promises to make Ethereum more scalable, cheaper and more eco-friendly due to switching to Proof-Of-Stake. So if there is such news and whales start to invest, we had better think of investing too.

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August 02, 2021, 07:32:31 AM
 #9

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

It is very influential if Pope invests here, considering that the pope's level of prestige is calculated to just want to join this investment, but for an adoption rate higher than BTC it is very unlikely, because he is unlikely to be able to enter the system.

But is this information correct, if it is true, it is better if we also invest in ETH. Because most experiences happen, every influential person starts trying to invest in a coin, the chance for the coin to rise is even greater and faster.

We must be able to take this opportunity and take advantage of it in the future, so that what we are looking for becomes a great opportunity for us to get, this opportunity is usually rare and must be taken advantage of.

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August 02, 2021, 08:28:04 AM
 #10

Ethereum price is rising in my opinion due to the upcoming London hard fork that is expected on August 4. I also believe after the implementation of London Hard fork price may move more aggressively but not be guaranteed. If POS is implemented successfully we can see again a new ATH and we will also see increased adoption.

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August 02, 2021, 09:05:53 AM
 #11

Investment rate or adoption rate? Sorry, but for me those two words are different. Do you still have the link or is this it?
https://cointelegraph.com/news/finance-redefined-the-500-million-bet-on-eth-20-making-waves-june-24-july-1
Article dated July 3. It's post news already.
There is no doubt they will keep on buying Ethereum as the finishing touches is getting near. All you have to do is stake it or if not, you can profit with the high volatility that had been happening almost every week.

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August 02, 2021, 09:08:21 AM
 #12

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
I think you are wrong, ethereum adoption is not higher than bitcoin, and is the news a future tense or it had already happen, ethereum may break again it all time high, I think it's one of the good representative of alt-coins, but now the adoption is under that of Bitcoin and if the price of ethereum keep rising, investors that can't afford it may look to other alt-coins within their reach, this plaque is also affecting Bitcoin.
You're right, there's no way Ethereum's adoption will exceed BTC.
Maybe he misunderstood the news.
Based on my knowledge while on the Bitcointalk forum, that all Altcoins were born because of BTC, from ETH to other coins that are at the bottom of the order. On that basis I agree with you that it is not possible.

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August 02, 2021, 09:29:38 AM
 #13

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
Where did you read that news? usually, there really are whales, unknown people, and institutions that are buying not just with millions but with billions as much as they can. Yeah, the change of PoW to PoS is going to make it profitable for them and that's why they're preparing before it happens. Well, if I've got millions I'll also prepare just as they prepare because there's a sure profit that they'll get with that huge capitalization that they're going to bring into their institutions and that's passive income for them.

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August 02, 2021, 10:35:14 AM
 #14

I don't want to blame you, maybe the whales is more interested in ETH because ETH did adopt BTC. BTC is expensive and ETH is cheaper transaction fees, maybe the whales took that into account so he invested 500 million dollars.
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August 02, 2021, 10:43:13 AM
 #15

the adoption rate looks way higher than BTc or am I wrong?
Yeah, you are not wrong about this dude. Bitcoin gets increases but ethereum can give more than what bitcoin done. Just take a look at how bullish ethereum chart is.
Ethereum increases so fast than before. The adoption rate for ethereum is starting to grow evne higher but it can't beat bitcoin.
Rostchild was also trying to invest in ethereum as well.

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August 02, 2021, 10:50:05 AM
 #16

Without projects that develop the ETH blockchain and its scale, it is definitely not necessary to talk about new ATH. The growth of ETH is due only to the growing popularity and development of Defi and NFT in general. This push is absolutely accurate thanks to projects such as Near Protocol, Solano, etc.
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August 02, 2021, 10:55:42 AM
 #17

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
to be honest i don't see any good news for eth ever since before the day that bitcoin made a sudden rise in the market wherein even now , so it will be better if you share the link here so that we are aware as well if that news is fake or not. By the way all good news about cryptocurrency there's always an impact to the specific coin in the market especially when it comes ethereum and bitcoin but depends what kind of news it is. So if this topic is about adoption well for sure there will be a massive bump but unfortunately as you can see at this moment ethereum is red perhaps it was a fake news mate?.
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August 02, 2021, 10:56:50 AM
 #18

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

The Ethereum blockchain has always been the number one platform in terms of adoption and tokens that are created on it, i guess that was never in doubt. Only during the last bullrun some flaws of the Ethereum blockcahin became apparent when the gas prices were extremely high for a long time and uniswap was almost unusable because of that. If you have to pay 150$ of transaction fees for a swap on uniswap that only has a value of 100$ then you know that something is really off here. During that time the binance smart chain became pretty popular among new projects for obvious reasons as the fees there were extremely low. With the PoS transition Ethereum should also solve the problem with the high fees and then it is a no brainer for me that ETH will stay the number 1 network in terms of adoption.
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August 02, 2021, 11:12:35 AM
 #19

Indeed, there is a lot of positive news around Ethereum now, and they all say that the price of ETH is about to show excellent growth. In confirmation of this news, we see how the price of ETH has already started its upward movement and the imminent transition to PoS can really send the price of ETH to the moon. I believe that Ethereum may well surprise us until the end of 2021 and everyone who holds it will be generously rewarded.
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August 02, 2021, 11:37:21 AM
 #20

Although it is a good news but no one can actually verify such claims, moreover if they want to do so, they would do it silently in order not to attract attention and fomo which will pump the price or it could be they have bought low and want to create fomo which will pump the price as they prepare for what the ETH team are working on.
Nevertheless, it is a good news and will drag attention to Ethereum which will push the price further up, and peradventure leading to another bull run which everyone is anticipating.
Furthermore, Ethereum team are always known to work hard silently while what they are working on keeps making ETH more valuable, and I think Ethereum will continue to be in the minds of everyone most especially now they are working hard on actualizing many goals; this has always being seen to reflect on the price growth.
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