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Author Topic: Ethereum is rising, Is this really the effect of ethereum's London hard fork?  (Read 308 times)
rhodelmabanal (OP)
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August 06, 2021, 08:24:36 PM
 #1

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

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August 06, 2021, 08:57:15 PM
 #2

Yes this is the effect of hard fork that usually happen before and during the fork, the price will stabilize after this one but i don’t think $5k is possible because we are not on a bull market. This update is big but not enough to push the price of ETH to its new all time high, maybe it will be more appreciated after months of the update, but not now.
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August 06, 2021, 09:21:39 PM
 #3

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.
If demand would neither sustain or even more then why not? Going another 100% wont really be that much of an issue or wont be a problem as the supply is becoming scarce
and the demand would even go higher then expect that it would really pump up and this is just really some simple economics bro.Thing here is that no one really knows on what
would happen in the future but with that recent London fork then we can really tell that its really that connected on what we are currently seeing on ETh price as of this moment.
It did really make out some good impact.

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August 06, 2021, 10:02:58 PM
 #4

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

This is still big news in the last couple of weeks.The prices of o most all coins is raising due to this ETH hard fork.We can expect in the next couple of weeks that it breaks the 4000$ mark.But 5000$ should maybe come a month after that.

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August 06, 2021, 11:42:33 PM
 #5

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

This is still big news in the last couple of weeks.The prices of o most all coins is raising due to this ETH hard fork.We can expect in the next couple of weeks that it breaks the 4000$ mark.But 5000$ should maybe come a month after that.
i agree, i am expecting to see ETH going a little bit up like to 3500$ maybe 4000$, this event is not really that big so people should not expect a lot to happen, especially in this time where crypto market is kind of stable, i really think 3500$ is the highest ETH could get this month.

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August 07, 2021, 02:32:41 AM
 #6

Of Ethereum The market is much better now.
So I think If the market is good day by day Then the price of Ethereum will go far
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August 07, 2021, 03:14:09 AM
 #7

The update has finished successfully, this is a stepping stone for ETh to move towards ETH2.0 at the end of this year or early next year.ETH has pumped high the bullrun this year. It's hard to see ETH hitting 5k$ in the coming days. When ETH2.0 officially works, hopefully ETH will hit all-time highs again.

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August 07, 2021, 06:31:53 AM
 #8

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.
We can say that this massive rise of the ethereum price is because of the London hards forks, because I see that there is no other big news except the burning of 2.9 ethereum every minutes this update is very new, so I think this is the big reason why eth price rise, I hope to see eth on 6k$ soon because I will buy and hold few of it. This ethereum's London hard fork is really a big news and we can expect a greater impact in the next few weeks.


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August 07, 2021, 11:21:26 AM
 #9

Gas price on Ethereum network won't be cheaper as expected after the hard fork but it might need more time to show what it can help to reduce transaction fee. People love cheap transaction fee but right now, on Ethereum network, there are many hot things, DeFi, NFTs, etc. that together affect the transaction fees.

The burned Ethereum is very good idea to make the total supply smaller. It makes Ethereum becomes more valuable. Price must rise as the coin has smaller total supply. With the potential of Ethereum, I believe the coin will has price about $10,000. I hodl some Ethereum in my wallet and won't sell it too cheap.

You can sell it now to enjoy the rise and volatility on the market but long term, try to hold about 10 ETH in your portfolio. It is like you hold 10 BTC in 2017.

https://www.gasnow.org/ (41 Gwei to 52 Gwei from Slow to Rapid). It is not good gas price.
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August 07, 2021, 03:03:32 PM
 #10

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.
For $5K in the near future it is still very possible for Ethereum to achieve if market conditions and their development continue in a very good direction, because so far Ethereum is still experiencing a very good price increase.
the majority of crypto prices on the market experienced a significant increase, including ethereum which even experienced a price increase of around 25% in the last week and this shows that the impact of the ongoing London hard fork certainly provides a strong impetus to the increase in the price of ethereum and also some non-stable altcoins that on the market, moreover the London update and activation of EIP-1559 will push Ethereum into a deflationary asset because each transaction will trigger a portion of the total ethereum supply to be burned and disappear from circulation forever and this will automatically push the price of ethereum higher.

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August 07, 2021, 03:59:27 PM
 #11

Yes, because there is an update in the ETH network so that it is more effective and efficient, besides that there is a fee-burning mechanism that reduces the supply of ETH but unfortunately it has not overcome the high gas price.

I'm not sure ETH will hit a new ATH anytime soon, but maybe in a few years.

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August 07, 2021, 04:41:39 PM
 #12

~
I'm not sure ETH will hit a new ATH anytime soon, but maybe in a few years.
I really missed what you are talking about, i missed they day when ETH crossed $4k as i could see some articles saying it crossed in the past but i might have missed that movement completely and now the price has crossed $3k and still moving forward and it is solely because of the London Hard Fork and the network is really congested as i tried to send some coins a few hours back and i had to back peddle because of the higher fees.
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August 07, 2021, 05:46:42 PM
 #13

It is quite true that it is difficult to make predictions but I think Ethereum price will go higher but might not reach $5k but $4.5k, moreover the price is currently above $3k. My basis for such speculation is this, the London hard fork has been implemented and it is clear the implementation is working well and with such hype currently around the hard fork, has made Ethereum the centre of attraction already and we know what it means for a lot of people in this space to pay attention to a coin. Secondly, there is already positive sentiment in the crypto space already and Bitcoin is following up which means another wave of bull run might be or is already around and with such, Ethereum have every opportunity to pump more.

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August 07, 2021, 05:46:57 PM
 #14

Of course it's because of the massive hard fork reason it constantly increasing right now. And you know why it's good to invest right now? It's because for sure there will be a good improvement as its regaining attention at this moment as well. so expect a huge jump on the price after days or two whrein even weeks i guess.. And probably the percentage itself in the market is enough proofs what will be the results afterwards because of this hard fork.. Expect what's unexpected mate.  Wink
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August 07, 2021, 06:56:02 PM
 #15

Of course, the impact will certainly have an impact on the price of Ethereum, because this condition has been eagerly awaited by Ethereum holders for a long time. The Hard Fork that occurs is quite large and will be very proportional to the increasingly scarce supply. Maybe it's still in the early stages of upgrading, and I'm still sure as long as the Hard Fork process is still running, other possibilities for coins under the protection of Ethereum continue to pump. Ethereum's successful performance has been outstanding, it's a matter of pride for us how important it is to be able to stay in this kind of space for much longer.

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August 07, 2021, 09:38:13 PM
 #16

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.
Don't specifically say Ethereum like it's the only coin rising, other coins are rising too including bitcoin, what I can say is that the London hard fork is for sure one of the reasons ether is ahead in this bullish trend, but for that the London hard fork is the major driver, that I personally disagree, I hold a lot of coins on Binance chain and they are all going up, check coinmarketcap, only a very few ones are in red, the rest are green candlesticks

As for whether ether will reach 5k in few days now depends, I think it's possible only if the market continues to stay bullish for a good number of days or maybe weeks, but without this, I think 5k usd for 1 ether is still a bit farther than we think.

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August 07, 2021, 10:46:06 PM
 #17

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

What's happening as of today, that's an obvious factor which was currently showing the best outcome of how their project went through. The rising price of ethereum has now became a fulfillment for everyone's dream for their asset to reach an ultimate history.
There's no specific number of days on how long is the timeline of this progress will continue to ponder, but as long as this market continues to move forward and community activities remains consistent $4k or even $6k is attainable.

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August 07, 2021, 10:55:28 PM
 #18

Eth takes preparation for upcoming fork, alreay start moving faster which is impressive enough. Even it also prove again the potentiality of top altcoins comparing others. As far i got the information, this is going to be one of the biggest fork in london, so there is a chance, more incredible thing is waiting for us, i mean maybe eth could cross the $5k milestone as op predicted on this thread

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August 07, 2021, 11:15:40 PM
 #19

Eth takes preparation for upcoming fork, alreay start moving faster which is impressive enough. Even it also prove again the potentiality of top altcoins comparing others. As far i got the information, this is going to be one of the biggest fork in london, so there is a chance, more incredible thing is waiting for us, i mean maybe eth could cross the $5k milestone   as op predicted on this thread
Ethereum got all the chances to evnowentually reach its price into $5k and this London hard fork is probably the ultimate reason why ethereum is always on the surge right now. But still, ethereum is not exempted for a sudden price dump any time as we know how volatile the market is.

However, with the positive effect of the current hard fork, even if ethereum will experience a price correction in the middle, it will always come up rising next to bitcoin.

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August 07, 2021, 11:18:49 PM
 #20

Yes, it's all due to the London hardfork. You calculate how much Eth are being burned every minute or every hour up to every day. That's a lot of money that's being burned.
I think that's one of the best feature that they've made and for those holders of Ethereum even if it's just 1 or lesser, you should hold it.

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August 07, 2021, 11:56:22 PM
 #21

Yes, it's all due to the London hardfork. You calculate how much Eth are being burned every minute or every hour up to every day. That's a lot of money that's being burned.
I think that's one of the best feature that they've made and for those holders of Ethereum even if it's just 1 or lesser, you should hold it.

That's now transparently revealed to all of us, and I believed this idea would attract more investors and in fact there's a lot of predictions targetting $10k this year. Hopefully, it won't be reversal when other holders tend to be panic when there's possible downturn if FUD will again try to deceive in the midst of ethereum progressive development.

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August 08, 2021, 07:24:56 AM
 #22

As we can see after the London hard fork there is a decent growth in the price of Ethereum which shows that London hard fork has leaved a positive impact on Ethereum but still the hard fork did not solve the higher transaction fees problem which is a concern nevertheless I think if Ethereum could able to maintain its current momentum then it may cross at least $3800 mark which looks quite reasonable imo.
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August 08, 2021, 08:04:48 AM
 #23

Yes, it's all due to the London hardfork. You calculate how much Eth are being burned every minute or every hour up to every day. That's a lot of money that's being burned.
I think that's one of the best feature that they've made and for those holders of Ethereum even if it's just 1 or lesser, you should hold it.

That's now transparently revealed to all of us, and I believed this idea would attract more investors and in fact there's a lot of predictions targetting $10k this year. Hopefully, it won't be reversal when other holders tend to be panic when there's possible downturn if FUD will again try to deceive in the midst of ethereum progressive development.
Those predictions will keep coming and for sure that many of them are going to be higher than we're expecting. There will be the investors coming in because they are going to see how valuable it is before they come in late.
And as holders panic, I don't think they are actual holders if they're going to panic. Most of the holders are chill and understands what's happening.

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August 08, 2021, 01:21:57 PM
 #24

As of this time, Ethereum’s price is above $3,100. No doubt that before the end of the year, it may break it’s past all-time high and may possibly touchdown $5k or as much up to $6k. Because of burning $8k a minute, this would be very beneficial for all of the Ethereum holders out there.

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August 08, 2021, 03:51:34 PM
 #25

It can be seen clearly that all of it is the effect of the hard fork and after it occured, there is a significant change in the price of Ethereum that has been seen. So far, it has already reached $3100 and we can now look forward on having it exceeding its ATH. Those who chose to hold their Ethereum and waited till the hard fork is done will surely benefit right now. Ethereum had an effective feature and let us hope that it will further more increase Ethereum's price so that it can attract more investors and will give back to those who never lost hope on it.
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August 08, 2021, 04:26:20 PM
 #26

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.
Sorry, I could not get what is burning $8k a minute? Really not aware of what such kind of process going on with ethereum network. Is this exactly same as burning procedure of what we do refer in crypto ecosystem?

Ethereum may value more than $5k in near future but I am not sure how those scheduled London hard fork will help but if bitcoin will keep increasing then we can easily expect ethereum to be valuing more along with bitcoin's higher value. I read that ethereum is going to implement staking feature which must be a trigger for higher prices and is that London fork all about that staking feature?
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August 08, 2021, 06:04:57 PM
 #27

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

I have always believed in the success of Ethereum since 2017 when I learned about it. Should we expect the price of ETH to rise? I think so, and of course, the update that came out influenced this. However, if you use ETH and follow the information about its development, you should have known about these events and that the price of ETH will definitely react. But if you are expecting a sharp rise in the price of ETH right now, then you probably won't see it. I believe that the growth in the price of ETH will be phased and by the end of 2021 we should see its peak. Of course, this is just my vision of the situation and the market may go according to a different scenario, but I adhere to this particular theory.
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August 08, 2021, 07:04:00 PM
 #28

Those predictions will keep coming and for sure that many of them are going to be higher than we're expecting. There will be the investors coming in because they are going to see how valuable it is before they come in late.
And as holders panic, I don't think they are actual holders if they're going to panic. Most of the holders are chill and understands what's happening.
I dislike doing TA to calculate a price, but at the same time I respect the TA people because they at least put a reason behind their predictions. There are people who ended up spending so much money and bought 32 eth (maybe even less without doing anything) and because of that they are claiming that ethereum will be 10k or 20k or whatever and basically they are biased while predicting, it is not a real price prediction but more like their wish. So, all of those "it will be 100k per eth!!!" just sounds silly to me.

This is a good new feature and this new fork is awesome but I see this as a long term deal, I still hold all my eth and will keep on holding and I believe with 2.0 we are going to see a huge increase in price, that is the real thing that I hope to see.
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August 08, 2021, 07:26:41 PM
 #29

I bet it will touch $6k bot i dont think ethereum will goes above $10k because the marketcap will be very big. And ethereum marketshare will also going down because money will be moved to bitcoin. And for $6k target, maybe we will see that after bitcoin bullish finish which around Q1 2022.
That means the deadline is until early next year, right? because if for the end of this year maybe there will not be enough time for Ethereum to reach such a big price because that price is a new ATH for Ethereum if it can actually be achieved
We cant really say because if its contunuing to burn the supply then it do totally shows that it would lessen out which means cap would just be that right even its 10k it would be just relevant since it does have lesser number.

Asking out if this is really the effect of London hard fork? Yes it is.. The current price rise we are seeing on is indeed the after results of such fork. Who would just ignore this current update?

Burning off ETH by the minute? As long the demand would be high and this would continue then expect that there would be significant rise in gradual basis.
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August 08, 2021, 10:56:36 PM
 #30

Of course it's because of the massive hard fork reason it constantly increasing right now. And you know why it's good to invest right now? It's because for sure there will be a good improvement as its regaining attention at this moment as well. so expect a huge jump on the price after days or two whrein even weeks i guess.. And probably the percentage itself in the market is enough proofs what will be the results afterwards because of this hard fork.. Expect what's unexpected mate.  Wink

Given the magnitude of the ETH London hard fork and the upgrades it brought to the network, I'd say, it has a high impact on how much the eth price has moved in the days leading to the hard fork and even afterwards. ETH users have been on the suffering end for a long time with transaction bottlenecks, low throughput and high gas fees becoming the order of the day for the last couple of years. Now we're at post-London Hard fork, I'm expecting the price to reach as high as $4500 and possibly settling at a new all time high.

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August 08, 2021, 11:29:14 PM
 #31

Of course it's because of the massive hard fork reason it constantly increasing right now. And you know why it's good to invest right now? It's because for sure there will be a good improvement as its regaining attention at this moment as well. so expect a huge jump on the price after days or two whrein even weeks i guess.. And probably the percentage itself in the market is enough proofs what will be the results afterwards because of this hard fork.. Expect what's unexpected mate.  Wink

Given the magnitude of the ETH London hard fork and the upgrades it brought to the network, I'd say, it has a high impact on how much the eth price has moved in the days leading to the hard fork and even afterwards. ETH users have been on the suffering end for a long time with transaction bottlenecks, low throughput and high gas fees becoming the order of the day for the last couple of years. Now we're at post-London Hard fork, I'm expecting the price to reach as high as $4500 and possibly settling at a new all time high.
Well, isn't impossible if Bitcoin price will also move high but it does not, that gives a fewer chance, I think. I can say this because the market is actually dependent on Bitcoin and if there are no pumps going to happen that impossible for ETH to make a rally alone,  I hope I was wrong but I don't tend to give false hope for all ETH holders.
Anyways, this was just pure speculation, this can be right or wrong. We never know.
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August 09, 2021, 05:23:06 AM
 #32

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

Personally I don’t expect such a significant growth especially in cust short period of time, nevertheless I hope for the increase. Ethereum’s price has broken through a powerful resistance level which can indicate the recovery of the price even in the long term, and not just short-term fluctuations. Burning tokens is always a good support for price, so I connect a growth with this.

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August 09, 2021, 09:53:36 AM
 #33

Those predictions will keep coming and for sure that many of them are going to be higher than we're expecting. There will be the investors coming in because they are going to see how valuable it is before they come in late.
And as holders panic, I don't think they are actual holders if they're going to panic. Most of the holders are chill and understands what's happening.
I dislike doing TA to calculate a price, but at the same time I respect the TA people because they at least put a reason behind their predictions. There are people who ended up spending so much money and bought 32 eth (maybe even less without doing anything) and because of that they are claiming that ethereum will be 10k or 20k or whatever and basically they are biased while predicting, it is not a real price prediction but more like their wish. So, all of those "it will be 100k per eth!!!" just sounds silly to me.

This is a good new feature and this new fork is awesome but I see this as a long term deal, I still hold all my eth and will keep on holding and I believe with 2.0 we are going to see a huge increase in price, that is the real thing that I hope to see.
That's what we're going to see usually, TAs and predictions are everywhere in this market. Whether you want to read them or not, people will keep making their own TAs and sometimes you gonna love them but if it's bearish and you're not into it.
You're not going to love it after you have read it.

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August 09, 2021, 10:30:38 AM
 #34

What we see now in the market is all about forking.. Coz good news always makes the market alive, so always expect a good improvement before or after the event..as the matter of fact these is what other always saying. Which is follow the trend.. If you buy early for sure you have a good profits after all.. If you are late then better luck next time coz there still a lot of opportunity in the future.. Just don't lose hope and never miss the trend.  Cheesy
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August 09, 2021, 11:05:25 AM
 #35

This rising of price of eth is surely the effect of $48 million in ether that is burned since london hard fork, it makes the market more alive this time and so many altcoins are now rising, so I think this is the best time to buy those top or trending altcoins and hold till the end of this year.
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August 09, 2021, 11:49:34 AM
 #36

This rising of price of eth is surely the effect of $48 million in ether that is burned since london hard fork, it makes the market more alive this time and so many altcoins are now rising, so I think this is the best time to buy those top or trending altcoins and hold till the end of this year.
It is certainly a good opportunity for ETH holders but I can live in the doubt that it could drag other altcoins to have a huge pump after this.
If we just know what will happen after the ETH hard fork, people are accumulating more ETH or the leading altcoins but unfortunately, we don't have any idea (maybe some experts), so buying this time is a little bit late IMO.
Anyways, I was looking for a sustainable market gain for ETH and those projects who used this platform.



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August 09, 2021, 05:22:25 PM
 #37

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.
It could be possible if what we were seeing was actually the consequence of this but I do not believe that for a minute, like most of the time ethereum is following bitcoin, bitcoin is the main reason why all of this is happening again and in order for ethereum to reach that price then bitcoin will need to keep growing, is it possible? Yes but I am not so sure this is going to happen so soon, especially in just a few days as you are expecting because to me that does not seem like a realistic timeline.
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August 09, 2021, 10:13:40 PM
 #38

I think the current growth of ETH is greatly influenced by the London ETH hard fork, because we see that currently only etherem is growing due to the impact of the hard fork, while other altcoins and even BTC itself are not increasing as experienced by ETH today, with the presence of hard fork has a very good impact on the future development of ETH,
It seems that you are not careful in looking at the price of Bitcoin or do not often pay attention to the price of Bitcoin, from the lowest price of $30K at the time of the correction, now Bitcoin is at a price of $46,183.32, is that not called an increase in price? if you think it's not a price increase, try to explain how it is understood.
Bitcoin is also making a price surge with today's price at $45,830 while ethereum is also $3,101. Ethereum is definitely making a good price increase in a fast rate. And probably, this is more of a positive result of London hard fork.

The event may caused ethereum to grow up so fast and more likely, hard forks usually affect the platform before or after the event of forking has been done.




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August 09, 2021, 10:17:45 PM
 #39

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

I thought no one doubted that the recent Ethereum price increases were due to the successful London fork.
So far the upgrades are going very well and it looks like Ethereum will soon move to the new PoS platform. If this transfer is also successful, I am sure that the ETH price will not only exceed the $5k level, but may even go as high as $10k

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August 12, 2021, 04:26:53 PM
 #40

Bitcoin is also making a price surge with today's price at $45,830 while ethereum is also $3,101. Ethereum is definitely making a good price increase in a fast rate. And probably, this is more of a positive result of London hard fork.

The event may caused ethereum to grow up so fast and more likely, hard forks usually affect the platform before or after the event of forking has been done.
I do not think that this has anything to do with that hard fork and my reasoning behind this is that this information was available to investors and traders for months so it is to be expected that such a thing is priced almost immediately into the markets and that it doesn't take months to do so, so I think that this has to do a lot more with the realities of the bitcoin market than with the realities of the ethereum market, and this is because this is reality of this market 90% of the time.
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August 13, 2021, 06:51:14 PM
 #41

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.
it could happen, because in my opinion London hard fork greatly affects the increase in the current price of Ethereum and of course the price of Ethereum will continue to increase, so it is possible that the price of Ethereum can reach $5k, because currently the market conditions are also good (recovering), so it could also affect for the price of Ethereum will continue to increase and reach $5k in the next few days.
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August 13, 2021, 07:21:04 PM
 #42

it could happen, because in my opinion London hard fork greatly affects the increase in the current price of Ethereum and of course the price of Ethereum will continue to increase, so it is possible that the price of Ethereum can reach $5k, because currently the market conditions are also good (recovering), so it could also affect for the price of Ethereum will continue to increase and reach $5k in the next few days.
For the next few days, it looks like it will be a little difficult for Ethereum to reach $5K, but for $4K I think it's still very logical to achieve in the near future because now the price is already over $3K.

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August 13, 2021, 09:40:24 PM
 #43

recent fork highly made contribution behind pumping the ether price. Some people thoughts, ether will be dump usually after the fork end but its wonder, still price is on up trend. Ether still break $4k and any positive news come or another fork will be announced back to back, then ether could cross $5k. Although thats hard cause no such things is happening right now but we can be optimistic for eth's good value

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August 13, 2021, 10:01:36 PM
 #44

it could happen, because in my opinion London hard fork greatly affects the increase in the current price of Ethereum and of course the price of Ethereum will continue to increase, so it is possible that the price of Ethereum can reach $5k, because currently the market conditions are also good (recovering), so it could also affect for the price of Ethereum will continue to increase and reach $5k in the next few days.
For the next few days, it looks like it will be a little difficult for Ethereum to reach $5K, but for $4K I think it's still very logical to achieve in the near future because now the price is already over $3K.

As I mentioned previously, I am investing in Ethereum in addition to Bitcoin. Because I believe Ethereum's blockchain technology could eventually have greater market impact.
I don't think that I should go into further detail about my reasoning.

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August 14, 2021, 03:26:56 AM
 #45

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.
It won't happen for Ethereum price to jump to $5K in the next few days. The highest price of Ethereum after the London hard fork in my perspective is $4K and it won't happen in a matter of days but within this year.

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August 14, 2021, 12:18:03 PM
 #46

According to burn tracking site WatchTheBurn, 32,100 ETH has been destroyed so far since the upgrade occured on August 5. After the london fork a lot of ethereum coins were burned and this is very good for the future of ethereum and i think the rising of ethereum still not over yet and it can go $5k in this august.

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August 14, 2021, 01:46:17 PM
 #47

I can not write that off, in the cryptocurrency world it's the small things that make the difference,  if a simple tweet can make price to react to it what can stop a soft fork which  is more technical from influencing the price??
If you ask me I see the London fork being one of the reasons price of Ethereum is being bullish right now and SECs interest in crypto regulation could be another contributing factor.

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August 14, 2021, 02:19:36 PM
Last edit: August 14, 2021, 02:46:14 PM by conected
 #48

According to burn tracking site WatchTheBurn, 32,100 ETH has been destroyed so far since the upgrade occured on August 5. After the london fork a lot of ethereum coins were burned and this is very good for the future of ethereum and i think the rising of ethereum still not over yet and it can go $5k in this august.
- Supply has lost some numbers, demand will go through that to have a few changes but the number burned is still quite small and as a matter of common sense, small losses in supply only become important in times of scarcity and may occur in the future, hard fork burn rate will probably help ethereum more in the future, rather than short term effect. The recent movement is probably that bitcoin has been oversupplied with food and nutrition, it gradually transfers its reserves to altcoins as a good habit to avoid side effects


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August 15, 2021, 05:09:40 AM
 #49

Since London hardfork established, more than 30.000 Ethereum was burned, and it will easily upgrade the price in the market. It's simple, if the amount of Ethereum in the total supply decreased, the price will automatically go up, in my opinion Ethereum price will hit $6k in the september, and will goes up probably $10k as close price in this year, i hope so.
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August 15, 2021, 11:08:41 AM
 #50

It won't happen for Ethereum price to jump to $5K in the next few days. The highest price of Ethereum after the London hard fork in my perspective is $4K and it won't happen in a matter of days but within this year.

It will happen but it need one hype news that make people buy it. Maybe 5k sounds too high in this current market condition, it could be there if BTC is going over 50k. But ETH climb to the high slowly but sure, just look at the chart last one week we could see ETH price is slowly going high and there will be one moment the price will jump a bit like 10% in near future
ETH once dropped from $4K to $1,817. After that, Ethereum rose again nicely to $3,265 today, this second. However, if BTC increases again to $50K, it's likely that ETH will also increase assuming I'm $4K to $5K.

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August 15, 2021, 04:23:53 PM
 #51

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.
It won't happen for Ethereum price to jump to $5K in the next few days. The highest price of Ethereum after the London hard fork in my perspective is $4K and it won't happen in a matter of days but within this year.
We know that everything is possible in the market of cryptocurrencies especially that in my opinion we are seeing a close repetition of the scenario that happened during 2017, so I think we are about to see a price increase during the final months of this year and this means that the maximum price that ethereum could reach during that time is unknown, however it is going to be heavily dependent on the price that bitcoin reaches as we now that ethereum has a tendency to follow the movements of bitcoin.
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August 16, 2021, 02:57:46 AM
 #52

According to burn tracking site WatchTheBurn, 32,100 ETH has been destroyed so far since the upgrade occured on August 5. After the london fork a lot of ethereum coins were burned and this is very good for the future of ethereum and i think the rising of ethereum still not over yet and it can go $5k in this august.
its good step to reduce ethereum supply and directly will effected to price it self, so far we know  ethereum has infinite supply and many people compain it and now by London upgrade i am believe it make investors be more confidence to hold ethereum for long term.

Since London hardfork established, more than 30.000 Ethereum was burned, and it will easily upgrade the price in the market. It's simple, if the amount of Ethereum in the total supply decreased, the price will automatically go up, in my opinion Ethereum price will hit $6k in the september, and will goes up probably $10k as close price in this year, i hope so.
now if transaction fee solved , ethereum will be best coins in market now. developers team will be back to ethereum platform again and it will attract demand to eth.

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August 16, 2021, 04:22:25 AM
 #53

Ethereum network burning $8,000 a minute after london hard fork and now the effect is underway, ethereum price is now 2,840$, is there any chances that ethereum price will soar up to 5k$ in the next few days from now?
May I know your perspective and suggestion about this guy's?.

The current price of Ethereum is $3,276.13. This price is increasing day by day since the London harfork was held. Well, I agree that the price is increasing because the London hardfork, the momentum was so perfect and make the price going up in such a short time.

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