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Author Topic: Ethereum will get more demand  (Read 840 times)
amishmanish
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September 19, 2022, 02:55:00 AM
 #101

Proof of stake certainly seems to be a strong enough consensus. It seems that ethereum merge will make it faster and reduce the gas fees. But will this make ethereum stronger, this is still a million dollar question.So far there is no strong proof of stake assets. Salona had its own share of glitches and breaches. One thing is for sure POS unduly empowers the whales..How whales behave will decide ethereum's future.
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September 19, 2022, 03:56:08 AM
 #102

Proof of stake certainly seems to be a strong enough consensus. It seems that ethereum merge will make it faster and reduce the gas fees. But will this make ethereum stronger, this is still a million dollar question.So far there is no strong proof of stake assets. Salona had its own share of glitches and breaches. One thing is for sure POS unduly empowers the whales..How whales behave will decide ethereum's future.

The move to proof-of-stake will make ETH as centralized as other altcoins, which is a big worry for many. ETH used to be the top choice because a decentralized altcoins and more secure than other altcoins when still using POW, but with this transition, the future of ETH really remains a big question. Hope Vitalik Buterin is aware of the problem and will have a solution so that ETH does not have to become a centralized coin controlled by big whales.
Also, the SEC is looking into whether ETH is a security?, which is more of a bad thing for ETH after merge than a benefit.

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September 19, 2022, 04:20:21 AM
 #103

The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.
we will never know what will happen about the future of ethereum but what we do know now is that ethereum is only increasing network integration and can reduce transaction fees which are much cheaper than last year.
and for the issue of dump or pump prices one day it will happen when bearish comes, that's something that is natural for me.
there are a lot of rumors out there saying after the merging of the ethereum network it will be a high pump and there are also those who say it will replace bitcoin, i say that will not happen. because bitcoin and ethereum have different networks and bitcoin will still be the best to invest in crypto.
but there is something possibility in the future that will come the possibility that ethereum will continue to be the top number 2 coin after bitcoin and the price will be very high after bitcoin set a new ATH record

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September 19, 2022, 04:43:58 AM
 #104

The only issue in ethereum network is the transaction fee, and if it will be solve then Ethereum will surely get more demand or gain more popularity than any other coin, i believe in ethereum and it will be always next to bitcoin, there are many network that low fee than ethereum but still they cannot surpass the Ethereum because many investors still trust ethereum than any other networks.


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September 19, 2022, 05:53:36 AM
 #105

The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.
Although ethereuem has successfully transitioned to PoS, unfortunately they have not been able to overcome the high transaction costs and the merger did not have a positive impact on ETH price movements because it did not work as expected by its users where many hoped that the merger would reduce transaction costs to a lower level but not so, so that currently we see the price of ETH continues to decline and there is no sign of a significant increase in this short time.

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September 19, 2022, 08:15:39 PM
 #106

The only issue in ethereum network is the transaction fee, and if it will be solve then Ethereum will surely get more demand or gain more popularity than any other coin, i believe in ethereum and it will be always next to bitcoin, there are many network that low fee than ethereum but still they cannot surpass the Ethereum because many investors still trust ethereum than any other networks.
Not just the transaction fees but I think there are other issues with it. Eth is more of centralized crypto. Processing time for transactions isn't also fast as other cryptos. Its supply is unknown. These are the three issues that I know so far in eth but there might be more than this.

This is the reason why many users didn't pick eth even before when its fees are still cheap but by the time the fees skyrocketed, many users have also temporarily left eth and switched to a better alternative like bsc and matic. Once the fees return to normal I believe those who leave can also come back but will the merge really fix that issue? I don't think so and many experts are also saying the same thing.

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September 19, 2022, 08:41:11 PM
 #107

The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.
Ethereum is a very popular coin. We know it will get better in the future.Although many times a lot of bad news comes, it is not a matter of fact.There has been market dumping which has led to dumping of all coins.There is no reason to despair but Ethereum will have a lot of good news and it will make a very good position as you can see.

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