Ethereum is rising, Is this really the effect of ethereum's London hard fork?

[AliMan]

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.

[Kunnu]

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.

[tabas]

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.

[cheezcarls]

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.

[sapnu]

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.

[SquallLeonhart]

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?

[ven7net]

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.

[sana54210]

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.

[Oilacris]

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.

[nelson4lov]

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.  

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.

[Vaculin]

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.  

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.

[Brus123]

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.

[tabas]

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.

[lablab03]

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.  

[djgtr]

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.

[Yamifoud]

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.

[Silberman]

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.

[Distinctin]

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.

[bitgov]

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

[Silberman]

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.