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Author Topic: Ethereum pump  (Read 1238 times)
RILWAN (OP)
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August 07, 2021, 11:05:54 AM
 #1

the entire market is gaining momentum in the last few days back and ethereum have been on the lead in the alt-coin market, many analyse have predicted a $3k ethereum price before the end of the week but just this morning the price of ethereum passed the $3k price which have forced many price analyse just like myself to have a rethink about the new all-time high and have adjusted my prediction of the next stop price to $4k ethereum price before the end of the week.

considering the high and lows in the cryptocurrency market, what are your next ethereum price predictions.

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August 07, 2021, 11:47:07 AM
 #2

I think it's because of the London Hard Fork that happened recently? It's really nice to see coins like Ethereum and Bitcoin pumping, I hope most of us recovered from previous losses. I see that the price may go up to $4k this time, I don't really know what's with London Hard Fork but does it improve the transaction fee of the Ethereum?

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August 07, 2021, 11:59:31 AM
 #3

I think it's because of the London Hard Fork that happened recently? It's really nice to see coins like Ethereum and Bitcoin pumping, I hope most of us recovered from previous losses. I see that the price may go up to $4k this time, I don't really know what's with London Hard Fork but does it improve the transaction fee of the Ethereum?
That might be it since it's a bullish thing, the burning feature from EIP 1559 is just a good thing I guess for Ethereum. If you hold and doesn't have a weak hand then you can cover your losses in due time. AFAIK the London Fork has 5 code proposal/changes but among that EIP-1559 is the most interesting as you say that improve the transaction fee.

EIP-1559 has base fee now and change base on network activity and demand. I'm just skeptical if base-fee will still be the same even if price of Ethereum goes up example, base fee right now would be $2 but if it goes to $5k per ETH will it still be the same as $2? I hope there will be an individual that can answer this.

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August 07, 2021, 12:11:14 PM
 #4

the entire market is gaining momentum in the last few days back and ethereum have been on the lead in the alt-coin market, many analyse have predicted a $3k ethereum price before the end of the week but just this morning the price of ethereum passed the $3k price which have forced many price analyse just like myself to have a rethink about the new all-time high and have adjusted my prediction of the next stop price to $4k ethereum price before the end of the week.

considering the high and lows in the cryptocurrency market, what are your next ethereum price predictions.
Ethereum has excited me and many this week, in as much as I didn't think it would not do electrifying spring up, I didn't think it would clock the figure it dead, am not going to think much about the price this coming week, my prices thought has either failed or under-estimated.
Am just excited about crypto-currency as we approach the last three months of 2021 I think this year has been a compensation year for crypto-currency families that has come out of the terrible pandemic year 2020.
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August 07, 2021, 12:32:35 PM
 #5

As a Result of London Hard Fork,Price of ETH is so increasing and is forwarding to Its Previous All time High.Bullish Movement in Eth is also indication of Bullish Market.
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August 07, 2021, 12:36:18 PM
 #6

I think the "buy the humor, sell the news" event flipped this time.
As what in crypto always happening is when there's a huge event, a coin is pumping before the event will happen, not on the exact day, but look what happened on Ethereum, the second largest cryptocurrency.
Ethereum got more percentage gain in 24h compared to Bitcoin.

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August 07, 2021, 03:40:12 PM
 #7

what are your next ethereum price predictions.
Ethereum fees gets burn hourly and then it can be a reason why ethereum must have increased a lot. I think that if 4k should become a reasonable target for anyone.

So many people are rushing to buy ethereum and this time it is surpassing 3k rate. that means we are very closer to reach more and more ATH, 1 ethereum must worth at least 10k  in the next years.

Ethereum gets pump so hard. Glad to see that happen. The London update was amazing

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August 07, 2021, 03:43:52 PM
 #8

the entire market is gaining momentum in the last few days back and ethereum have been on the lead in the alt-coin market, many analyse have predicted a $3k ethereum price before the end of the week but just this morning the price of ethereum passed the $3k price which have forced many price analyse just like myself to have a rethink about the new all-time high and have adjusted my prediction of the next stop price to $4k ethereum price before the end of the week.

considering the high and lows in the cryptocurrency market, what are your next ethereum price predictions.

The london hardfork is the main reason, but it's also because ETH following bitcoin rally to 44k. But right now it seems BTC price declined at 44k and going back to 42k. So be careful maybe ETH will have some correction before it's next pump. But it's still cheap compared to it's all time high before.
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August 07, 2021, 03:55:49 PM
 #9

the market has started to improve when btc has experienced a hefty increase in the past few days besides that altcoins will also be affected by this increase and one of them is eth.
but for eth itself I prefer it for several reasons the first is when btc goes up automatically eth will also experience a hefty increase because more or less eth is also included in the network that is a btc partner, besides that hard forks are also being introduced and this is starting to be good news among eth lovers which resulted in etha experiencing a significant increase.
apart from that all hope this can continue so that the bullrun that many say can go on and on

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August 07, 2021, 03:55:56 PM
 #10

IMO, I believe that Ethereum has the charisma to do that pump as the second-largest cryptocurrency in the market because every time there was a kind of positive news about Ethereum the price will start to pump/increase in most cases. And the particular reason is the London upgrade of the Eth V2.0 which is paving the way for the implementation of the EIP-1559 which brings high hopes for most Eth users, It was aimed to reduce the gas/transaction fees of the Ethereum Network. But honestly, speaking I don't understand completely why the gas fees are still expensive until now!
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August 07, 2021, 04:01:48 PM
 #11

Today we can see that the price of Ethereum has increased a lot. Today the price of many more coins, including Bitcoin Ethereum, has risen. If the price of etherium and bitcoin has increased today, it will not increase The price of Ethereum will reach 5,000 dollar in a few days. I hope the market will continue to grow in this way.
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August 07, 2021, 04:04:07 PM
 #12

Ethereum still has a lot of room for pumps as I see it. Volumes are still insanely high across all exchanges, and the fact that the crypto received an update that is gearing EIP-1559 deployment makes people think that this project is still a pretty viable one, and still for the long run too.

At this point in time, FOMO helps move the price towards new heights, and I doubt that the run will be over just yet as people still have money to blow and the hype isn't over yet.

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August 07, 2021, 04:11:49 PM
 #13

Gaining a huge percentage within a short period of time is not a healthy price growth. Its just a result of hype or FOMO that surely will sell-off once it go sideways or the buy pressure was over. Ethereum market dominance is increasing which means people are just moving there funds from altcoins to Ethereum and we all know that they will come back again on altcoins after the hype so it's better keep watching for more price action in long time frame to confirm if its true pump or just a whale trap.

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August 07, 2021, 04:31:05 PM
 #14

I believe that with the support of the London Ethereum hard fork, Ethereum will continue to improve,
The improvements already happened and you may see that if there are some new mechanism that happened in ethereum network starting from the burn, fees mechanism and many more.
The only thing that will become a game changer must be ethereum POS update.
The london fork was successfully implemented and so many people aware about the impact of it

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August 07, 2021, 04:45:33 PM
 #15

the entire market is gaining momentum in the last few days back and ethereum have been on the lead in the alt-coin market, many analyse have predicted a $3k ethereum price before the end of the week but just this morning the price of ethereum passed the $3k price which have forced many price analyse just like myself to have a rethink about the new all-time high and have adjusted my prediction of the next stop price to $4k ethereum price before the end of the week.

considering the high and lows in the cryptocurrency market, what are your next ethereum price predictions.
ETH is now growing much faster than Bitcoin, Binance Coin & Litecoin. In just 7 days, the price of ETH has rise about  650 usd worth. Which is more than 20% maybe it’s  Result of London Hard Fork.

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August 07, 2021, 04:48:04 PM
 #16

the entire market is gaining momentum in the last few days back and ethereum have been on the lead in the alt-coin market, many analyse have predicted a $3k ethereum price before the end of the week but just this morning the price of ethereum passed the $3k price which have forced many price analyse just like myself to have a rethink about the new all-time high and have adjusted my prediction of the next stop price to $4k ethereum price before the end of the week.

considering the high and lows in the cryptocurrency market, what are your next ethereum price predictions.
Ethereum looks like it will surpass its previous high at 4700usd. I'm loading up on more Ethereum and hedging my bets with some NEAR and Celo.
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August 07, 2021, 04:53:39 PM
 #17

I think it’s a temporary pump because of the recent London Hard fork and it's unlikely to have a huge pump as you are saying. Once the hype is gone, no more pump. People are speculating that the PoS integration in ETH would be a game changer but personally I doubt it's going to be happen. I don’t think we will be observing $4k/ETH anytime soon.

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August 07, 2021, 04:55:33 PM
 #18

I think it's because of the London Hard Fork that happened recently? It's really nice to see coins like Ethereum and Bitcoin pumping, I hope most of us recovered from previous losses. I see that the price may go up to $4k this time, I don't really know what's with London Hard Fork but does it improve the transaction fee of the Ethereum?
This is one of the reasons I thought why it pumps like this, though I don't know why most of the altcoins, well, also bitcoin pumps this time. It could be just a normal effect of trading. But welp, it's much better.
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August 07, 2021, 05:00:04 PM
 #19

Indeed this is a good news for the crypto markets where ETH and other coins too have started to rise finally. ETH has crossed 3k and if can sustain above 3k for couple of days then most like should see closer to 4k by Aug end, unless btc jumps quickly to above 50k then may be prior itself we can see it crossing 4k.

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August 07, 2021, 05:04:56 PM
 #20

yes Ethereum is pumping because of BTC you noticed that when BTC goes down ETH also goes down with BTC I think ETH is following BTC now you can make investment in ETHbecause ETH is going stable it is a very good time to buy ETH Cheesy

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