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Author Topic: Ethereum will get more demand  (Read 840 times)
Reid
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August 16, 2022, 09:28:30 AM
 #41

Let's hope so.
First, we need to see what it is capable of and if bugs are lesser, fees going lower, transaction speed is better then yes, many will buy it back. It's not just about the staking process and about the whales, there are a lot of users that do transact daily because of platforms using the ERC20 chain.
Different bridges that was created to avoid the high fees won't be necessary anymore.
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August 16, 2022, 11:00:33 AM
 #42

I think the merge hype is already wearing off, as for those saying that etheruem will perform better than BTC where are you now, to it still looks like BTC is the driver of all other altcoins isn't it? Let's wait and see what happens after merge is complete.

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August 16, 2022, 11:05:42 AM
 #43

...Right now we are seeing a good pump with ETH and its price is able to reach the $2k mark again though there's a pullback but I think this is just temporary, and the trend will continue once we saw the success of the merging. Many are hyping the market right now actually, not just with ETH but most of the good coins. Lucky to those who bought ETH at the price of $1k before, they made a good profit already.

Ethereum in this case will act as a locomotive that will pull other altcoins. Thus, in the wake of the Ethereum merger, the dominance of bitcoin may decrease, which will lead to a new season of altcoins. But what will happen after September 15, when the merger takes place, perhaps ETH expects a correction.
ethereum and doge will lead this pump incase bitcoin price could stable above 23800. These coins has strong community , especially ethereum that will merge in near time. Alot hope put this upgrade especially on gas fee which is so far be main problem. Maybe hype still around ethereum , alot expectation it will stable above 2k.
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August 16, 2022, 11:06:41 AM
 #44

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.

Just a rumor for people who believe to much on ethereum maybe the best thing to do with that is invest only what you can afford to lose so that you will not get affected if your expectation on ethereum will not happen. And always take your profit as long as you can since sometimes manipulator hype you up that there will be more pump to come so that they will be the first one to secure and you will left behind picking up some little pieces coming from dump.

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August 20, 2022, 07:10:00 PM
 #45

I can only agree that those people are surely jealous of those who have Ethereum stored already and if you plan to buy then the fee is not low compared to other crypto like Bitcoin though I don't think it will stay like that since the team is working hard to make it small the same as before it become high fee. If you say that Ethereum will have more deman then it's a good sign that the price may increase but as you can see the people who owns Ethereum is already massive.
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August 20, 2022, 09:29:09 PM
 #46

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.
Moving to POS alone will not solve the high gas fees but the opposite will happen in the long run and there was a hypothetical questions being asked by Lefteris Karapetsas, the founder of Rotki in Twitter about how major players will deal with regulatory pressure on censoring the protocol with their validators and Brian Armstrong the Coinbase CEO responded that they will be shutting down the staking service they provide, in case there is a regulatory pressure which is a highly likely scenario  Wink.

What ever be the situation, POS will be centralized and time will prove the scalability issues in POS when you are handling large number of transactions.
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August 20, 2022, 11:28:05 PM
 #47

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.

But it abandoned one of the basic factors why ETH has the current price, the mining cost.  So in the long run it will be cheaper to produce ETH thus it will affect the market price.  Since the market is a competition who sold cheaper will be bought first, then sellers who are possibly huge stakers will compete for the price selling their accumulated ETH in much less price.
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August 20, 2022, 11:59:35 PM
 #48

Ethereum stands next to bitcoin and this makes it strong over rest of the altcoins in the market. There is regular updation and as a result to the growing demand the merge is being planned. During the merge there'll be dump and further the bounce in the price takes place. This can be of different reasons. The market moves will be upside or downward, and this completely based on how successful the merge have taken place.

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August 21, 2022, 12:40:35 AM
 #49

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.

All crypto market is in bear condition so it's normal when we see a dump after the merge since the crypto market is recovering slowly we're still seeing some correction until this year's end I guess. If Ethereum dump really low then it's our chance to buy it so when the staking goes live we can increase our portfolio through staking.

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August 21, 2022, 12:42:48 AM
 #50

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.
Staking is becoming the thing today and everyone wants to have their share to have a passive income. But when PoS comes, this will make the richer rich as they will have the biggest share if they're holding a lot of Ethereum. We will know what will happen next after the merge but if we're talking about long term, ETH is still strong and likely to stay on its place because many will come back for its purpose of having one of the cheapest fees in the market and that will create volume.
The advantage that ethereum has over other platforms and coins is probably enough to keep it in second place only behind bitcoin, but it is not clear if this move is the correct one, because now the ones that are going to benefit the most out of this are the ones that have a lot of coins already and this could cause that a great deal of people decide to move to other platforms because they are not going to like to see a minority earning all the profits while they earn nothing while staking their coins.
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August 21, 2022, 02:24:48 AM
 #51

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.

All crypto market is in bear condition so it's normal when we see a dump after the merge since the crypto market is recovering slowly we're still seeing some correction until this year's end I guess. If Ethereum dump really low then it's our chance to buy it so when the staking goes live we can increase our portfolio through staking.

It's true that in bear market situations it's perfectly normal to see crypto prices fall, so whatever causes Ethereum to fall, I am very optimistic that
Ethereum will be able to recover again. Moreover, Ethereum has always been ranked second under Bitcoin, meaning that until now Ethereum is still
the best altcoins. Therefore, the decline in the price of Ethereum will make the demand for Ethereum increase, because many investors will buy
Ethereum when the price is low. So for now it is very good to collect Ethereum, we can hold in our personal wallet or stake Ethereum is also very
profitable to do. Some people will regret just being a spectator for not daring to buy Ethereum when the price drops, because they think Ethereum
will never recover.  Ethereum is a top coin that has an excellent track record, so the future is definitely bright.

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August 21, 2022, 03:45:13 AM
 #52

I think the merge hype is already wearing off, as for those saying that etheruem will perform better than BTC where are you now, to it still looks like BTC is the driver of all other altcoins isn't it? Let's wait and see what happens after merge is complete.
yeah it's true at all, bitcoin is always become a coin that was driving the whole of market. People are thinking without consider how strong bitcoin and hype was just temporary. People are always thinking changing consensus will change everything but they didn't even understand how it will be working. They think changing consensus meant changing whole of structure in ethereum network like scalability

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August 21, 2022, 06:32:09 AM
 #53

Why did I feel like the reason why BTC doesn't go below 20k today was because of Ethereum? Many are adopting ETH because of the merge and the forks, free money on the way for holders not just stakers.
Its' not caused by ethereum that was triggering the bearish trend but it's caused by mtgox issue that was making so many people feel worry. I have no problem with ethereum at all since ethereum will always be going to the bottom along with bitcoin and whole of crypto market due to the bearish trend. The mtgox dump may make it different as it can trigger the situation to be even worse. Don't you aware about this?

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August 21, 2022, 05:50:33 PM
 #54

ofcource it will. because most of crypto community is waiting for merge. if they would feel merge is better then people will start to buy more. And it could be a reason for a  another bull market too
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August 21, 2022, 06:15:26 PM
 #55

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 merging will be released soon and there is a lot of bad news out there about ethereum merging will dump price etc. but to me it's just bad news from someone who doesn't like ethereum coins who has proven that ethereum deserves to be even better in the future.
and now there are a lot of new ethereum enthusiasts and they are still waiting and will buy more to invest in the long term.
i firmly believe that after the merging of the ethereum network, in the future ethereum will reach very high ATH

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August 21, 2022, 07:03:10 PM
 #56

Personally, I can say that the Ethereum coin is the most promising coin to invest in. I can also say that the Ethereum coin is one of those coins that you need to understand, as it can bring great profits. I always solve problems only with the Ethereum coin.
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August 22, 2022, 08:08:52 PM
 #57

Why did I feel like the reason why BTC doesn't go below 20k today was because of Ethereum? Many are adopting ETH because of the merge and the forks, free money on the way for holders not just stakers.
Its' not caused by ethereum that was triggering the bearish trend but it's caused by mtgox issue that was making so many people feel worry. I have no problem with ethereum at all since ethereum will always be going to the bottom along with bitcoin and whole of crypto market due to the bearish trend. The mtgox dump may make it different as it can trigger the situation to be even worse. Don't you aware about this?
That's true, the mtgox deal is getting to a point that people are worried about not just one small part, but more like billions of dollars. I still think that it won't happen that way, but it does feel like there is a good chance it could be done in smaller parts piece by piece. This will of course eventually level out the market and not going to really crash it. Which means that people made too much noise out of nothing.

The amount of money that mtgox could have caused a trouble, was smaller than the amount we already dropped just because of the news. That's our biggest problem, news about potential danger causes the price to drop more than the danger itself and that's stupid.

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August 22, 2022, 09:31:37 PM
 #58

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.

Isn't it though that Ethereum developer also corrected that mentality that the merger will not solved the high gas fees?

You can read all the misconceptions here: https://cointelegraph.com/news/the-merge-top-5-misconceptions-about-the-anticipated-ethereum-upgrade

The whole market is dumping not just Ethereum, so we have this dumping for whatever reasons, maybe it was the Mt Gox coins or the news that the US is looking at the Bitcoin mining as an energy and coal issues, or even the war in the background is still affecting us.

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August 22, 2022, 10:08:34 PM
 #59

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.
People are hoping for the fees to be lower but guess what, they are somewhat hopeless as for many attempts, it never happens. Maybe some people are a little bit excited and buying more ETH but I wasn't confident enough that this would help to cut a huge share of the fees as miners may not feel good about this idea as these fees are their only hope for them to survive.

Well, on the other side, ETH will still keep its higher demand without this event.

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August 22, 2022, 10:46:07 PM
Last edit: August 24, 2022, 01:09:16 AM by strunberg
 #60

Personally, I can say that the Ethereum coin is the most promising coin to invest in. I can also say that the Ethereum coin is one of those coins that you need to understand, as it can bring great profits. I always solve problems only with the Ethereum coin.
all of us know this is best layer 1 chain and alot important update will come. Buying eth for long term was good option for us , recent ethereum price was looks strong if compared  previous price with same bitcoin price. Next months will be ethereum momentum to take its market capitalization from other layer 1 project. Smart contract deployed hopefully will increase again.


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