StormHawk (OP)
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August 14, 2022, 05:22:25 AM |
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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.
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asriloni
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August 14, 2022, 05:33:28 AM |
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Those who are saying ethereum will be dumped are only jealous to see that ethereum can be better , i guess that comment may come from miners or competitors of ethereum who didn't like ethereum gone into the POW. This will make all of them can't mine it anymore. I have no problem with those people. Ethereum just like another new silver like bitcoin. Inflation will be stopped and that's it.
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ANSEL_2.0
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August 14, 2022, 05:37:38 AM |
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I felt the same way too @asriloni, now many Ethereum wannabe will stagger on their feet as if something huge hit them, they might not even matter that much anymore unlike before because everyone kept saying the Ethereum Gas fee was its biggest issue, finally many new projects will see ETH blockchain as the right place to be.
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Tytanowy Janusz
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August 14, 2022, 07:42:35 AM |
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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.
So it will become new BNB, ADA, DOT, SOL, AVAX, TRX, ATOM and dozen more? Smart contract platform based on POS consensus. Man its not like they are about to create something new. That they solve problem that was never solved before. They just solve a problem that only they had. There are many cheap and fast SC platforms. What was the advantage of eth over dozens of other projects was high decentralization thanks to POW at the expense of higher transaction costs. Now it will be just like other POS coins. Nevertheless, it may increase project value in long term (years) but its not guaranteed. Whats much more probable is that the "buy rumours sell the facts" will come true again and we will see massive dump (for months). Just like ADA released its product (after 5 years of pumping based on promises) in SEP 2021 (?) and was one of the biggest loosers of this bear market.
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Widdop37
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August 14, 2022, 07:47:18 AM |
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Lol, the Truth is Ethereum cant solve it all, other smart contract projects have something new that has proven to be bit better than Ethereum and new smart contract projects will keep solving problems of the Eth killers, its simple as that..
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danherbias07
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August 14, 2022, 07:56:54 AM |
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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 would not know, it's not happening yet. We are just speculating here. It will depend on how the market will react after the merge. You are looking at just the whales but what about the retail investors and those who have been clinging to their Ethereum for a long time and expecting something far greater will happen? We have different opinions about this and I have been seeing bad and good reactions in different people. IMO, I will keep my Ethereum no matter what happens because I can still see it as being one of the top contenders in the crypto industry.
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Ihugbogo
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August 14, 2022, 09:01:59 AM |
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Ethereum is great, and has giving us alot in the Blockchain community, it was the first public smart contract ever before other projects joined and embraced the development and are even better than eth. When we were waiting for them to solve this high gas fee has passed and as such most good and quality projects have adopted to other options out their which are the bsc, Sol, Trx, Polygon etc. Eth will be scars and more valuable if they can give us something different again rather than what we are seeing on other smartchain.
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rhodelmabanal
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August 14, 2022, 10:31:29 AM |
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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.
I am a number one believer of ethereum, and i believe that after the high gas fee on ethereum network resolve ethereum will surely rise, there are so many reason why ethereum is always rank #2 on CMC even if there are a lot of network that is very low on transaction fee they are still rank next to ethereum it is simply because many people still trust on ethereum than others.
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inanilujimi
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August 14, 2022, 10:45:32 AM |
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Lol, the Truth is Ethereum cant solve it all, other smart contract projects have something new that has proven to be bit better than Ethereum and new smart contract projects will keep solving problems of the Eth killers, its simple as that..
Don't you know how popular ETH is in the crypto market? ETH is the first pioneer of smart contracts where many quality Tokens are built on the ETH network, while others just follow what ETH is doing by minimizing fees for transactions. So after this merger ETH has been able to solve the problems that have existed so far, of course this is a positive impact considering that most people who use the ETH network are just whales but now everyone can follow.
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Coin_trader
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August 14, 2022, 11:11:44 AM |
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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.
Do you think that this merge is not the only reason why Ethereum is hype these days? Even Bitcoin is dumping while the merge will just change the protocol of Ethereum to PoS which will make it prone to manipulation. Give me a solid argument on how will ETH will gonna beat all odds of dumping this market by just a simple merger? They might be an improvement on overall performance of ETH but still ETH blockchain is still inferior to other new blockchain in terms of TPS and transaction fee. Where will the new demand will come from while ETH is already existing and hype for so many years? I don’t see any game changing improvement of ETH that will end this bear market.
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blockman
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August 14, 2022, 11:18:05 AM |
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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.
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dansus021
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August 14, 2022, 11:27:35 AM |
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HahaHa i do aggree with you, eth will actually pump if merge successfully but what I do concern about is what is gonna happen with ETH Layer 2 and other chain that already fast like BNB Chain FTM or AVAX
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ethereumhunter
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August 14, 2022, 12:57:27 PM |
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Dumps can happen at any time, whether or not there is an Ethereum merger, especially if they want to play around with the price and the market. But like you said, it won't last long because the price will go up again and hopefully, there will be a pump that can help the price go up high. But for staking, it's only for people with a lot of ETH because it requires a lot of ETH. But we can try to benefit from other means. But remember, that is just a prediction and no one will know if that will happen or not.
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yazher
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August 14, 2022, 01:10:26 PM |
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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.
Their continuously improving their features and as time goes by, their platform is getting convenient. the reason why they are so competitive in the crypto market nowadays unlike the other top altcoins their not improving at all that's why in this bearish market, their price will likely remain until bitcoins recover its price. ETH on the other hand doesn't need that kind of price movement because it can carry its own bucket to the top with the help of its constant development and team dedication.
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RussianEnglishTranslation
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August 14, 2022, 01:11:02 PM |
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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.
I think you need to do your research. 1. The merge does not scale Ethereum, it moves it to POS. 2. POS funds are not unlocked at the merge, that will happen a year from now. 3. Sharding is on the roadmap for completion by 2032 and this sharding is for data used by L2s, not for transactions. The hype surrounding the merge has peaked and we have entered a sell the news scenario. I am pivoting into MATIC and ICP, projects that actually scale for real world use. You won't ever catch me paying 500 usd transaction fees on Ethereum again now that there are better alternatives.
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Argoo
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August 14, 2022, 01:41:31 PM |
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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. Yes, it is very difficult for many users to collect 32 ethereum to participate in staking, so they are practically cut off from staking. But staking plays a slightly different role in ethereum than in regular staking. Certainly, after a successful upgrade, ethereum will soon grow in all directions. There is not even a doubt about this. I don’t even quite understand why some people doubt the prospects of this coin.
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Ziskinberg
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August 14, 2022, 01:49:09 PM |
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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.
That actually has the sense but we can't assume also that the pump will continue as the corrections seem inevitable as well. It is for now we have seen the surge, price moving high together with Bitcoin and I don't just think about it solely because of the merge - as I consider this a usual scenario. In fact, the market doesn't just live in bear season, recovers will come in time. That can be a market coincidence, I see this event become a tool to market recovery and people seem hopeful for the upcoming days as it was getting closer.
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Cuda911
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August 14, 2022, 01:49:31 PM |
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Whales own Ethereum, if not why is 32 ETH required for staking? This is wrong it shows that the big players will be benefiting more from Ethereum than small time investors like myself, lets see what happens as for me my expecting is very low.
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goaldigger
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August 14, 2022, 01:59:09 PM |
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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.
Years of issues with a higher fees, and if they are able to solve this problem especially with the merging, most probably we will see a significant change with ETH and that demand might really increase over time. 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.
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Jeger.Kiting
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August 14, 2022, 02:08:19 PM |
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I don't hate any tokens including ethereum but if the ethereum developers don't fix the exorbitant gas costs to fix there is no guarantee everyone will continue to support and hold a lot of ethereum because of this case but if they fix it soon maybe no one will waste it The wasted Ethereum so far.
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