virasisog
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August 14, 2022, 02:38:34 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.
Ethereum has a huge potential and we can't deny the fact that it's one of the most trusted coins of all time. However, the fact that developers can't fix their gas fee issues will also continue to hinder the adoption and continuous growth of Ethereum. It has been a long-time issue and I wonder why they're still having a hard time fixing it. Investors are now switching to other networks and we can't blame them for that.
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crwth
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August 14, 2022, 02:46:07 PM |
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Hmm. Am I curious why it would be wrong to think of it that way? I guess it would dump in the short term, but it would still yield high returns in a long time since many people would use the coin to improve their projects further. We wouldn't know what would happen until we are there; as long as you know what you are doing, you wouldn't be affected by price changes like the volatility that we have now.
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CapGelatik
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August 14, 2022, 03:01:05 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.
Etherum merge will make Ethereum more in demand, and yes it's not a rumor, it's the same as the case of Binance launching its Binance smart chain, what happened? yes ! BNB is going up, maybe this will happen to Ethereum
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Ararbermas
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August 14, 2022, 03:01:24 PM Last edit: August 14, 2022, 03:19:56 PM by Ararbermas |
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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.
true, but because of that rumours the situation of ethereum in the market is affected as well, infact not just the ethereum the entire alts. Wherein it makes the current situation worse even the growth rate already show a positive sign because of some so called whales that trying to make progress.. Probably if it's really the season of green market its possible because no one can stop the ethereum to the moon again. But on this current situation that there's no significant sign of bullish it's unpredictable.
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KellyHands
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August 14, 2022, 03:21:46 PM |
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I'm also positive about the value of ethereum increasing substantially after the September 19th program. The PoS would contribute to reducing transaction cost and ensure that we have a better energy efficient solution in the ethereum blockchain. I foresee more projects lunching under the ethereum smart contract.
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GeorgeJohn
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August 14, 2022, 03:31:17 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's while investors do take a big amount of risk. For someone to stake a coin that means it has gone through the development of the coin. Ethereum normally do well at any point in time of recovery time of cryptocurrency Bearish to bullish. So if Ethereum is doing well that means we have to know that soonest Bitcoin will accelerate to another stage of values.
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Teletalk.org
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August 14, 2022, 03:41:37 PM |
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Ethereum is the number 2 coin in the crypto market. And the price of this coin decreased a lot a few days ago, the reason is that the bear market was going on for 2-3 months, so the price of all the coins decreased. But since few days it is seen that its price is increasing a lot. And when the bull market starts, the price of all coins will increase suddenly. I hope.
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Jackl87
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August 14, 2022, 03:45:01 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.
As far as i know Ethereum will become deflationary once the merge has happened or sometime after that, this will make the existing Ethereum coins automatically even rarer and this should also be a driving force for the price in my opinion. I think that the price pump for Ethereum already happened after the news became public, that the merge now has an official date, so i don't really think, that there will be more big price pumps of Ethereum in the near future. I am also not sure if people that have left the Ethereum network for the binance smart chain, solana or wherever they are now will come back to Ethereum once the fees are lower again, because in the end BSC and Solana just work as well as ETH and they already have low fees.
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Nrcewker
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August 14, 2022, 04:36:38 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.
People saying that ETH will dump, I don’t get any reasons for this to happen. All the recent features have shown that ETH will grow and I too agree on the points pointed in the OP. ETH’s marketcap is sufficient to prove the capability of Ethereum. Also seeing the growing movement of Bitcoins, ETH will also grow following BTCs price. So it will be wise to hold and buy Bitcoins rather than selling it. Let’s see what other people have opinion on this.
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FirmWars
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August 14, 2022, 04:42:25 PM |
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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
That's not on us to decide but for developers that want to build on those chains, I believe in the power of multi-chain utility so it won't matter much which platform or blockchain developers choose for themselves but, certainly, Ethereum will always take the lead.
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Kavelj22
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August 14, 2022, 06:42:55 PM |
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But there is another important point that the Ethereum developer team cannot overlook, which is the energy consumed in the Proof of Work system far exceeds the Proof of Stake system. The world's policies tend to reduce energy consumption in general as a necessary step as long as the exploitation of clean energies is not currently sufficient to meet the planet's energy needs. Therefore, many legislations will aim to reduce the current consumption.
We had heard on more than one occasion and in different parts of the world about the possibility of banning Bitcoin mining activities for the same reasons, especially that Bitcoin is completely decentralized, meaning that the mining system can only be replaced by the consent of the miners themselves, which is not completely applicable in the example of Ethereum since there is A team of developers is working on updates and changes easier and faster.
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Untomabur
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August 14, 2022, 11:28:50 PM |
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Ethereum the merge will take place in september, of course this will create more demand than usual, it has been proven that the price of Ethereum in the last 7 days has increased by 14% according to coinmarketcap, very interesting to wait after the Ethereum Merge.
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ibuddy122505
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August 15, 2022, 06:22:01 AM |
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Yes, you are correct. People used to HODL precious and not give in to fiat right away in days long gone. Nevertheless, sentiments can change very quickly since markets are influenced by many factors, but I am most concerned with the lack of volume at the moment. No matter how the merge plays out, I believe the ETH ecosystem will continue to pump. Until either of those things happens, I'll ride the wave. It will take me until late September or early October to sell my house.
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Mpamaegbu
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August 15, 2022, 04:22:29 PM |
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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..
No particular crypto has proved itself to be an all-in-one, not even Bitcoin. There is an area of core competence for every token. Agreed, ETH can't solve all the issues there are but we can't take it away from it that it's a crypto with immense utility. In fact, one can say undoubtedly that ETH has developed this industry more than every other crypto. Its smart contract has helped so many tokens on board and this has led to the several choices we've in the industry to pick from today and that is encouraging healthy competition in the crypto space.
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fvb
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August 15, 2022, 04:34:31 PM |
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Everything will be fine after this process. This is one of the founders of the entire industry. Undoubtedly, the most important thing is to reduce the commission for gas, and this is what many people want. Blockchain is waiting for changes and I think they will only affect in a positive way.
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blockman
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August 15, 2022, 08:36:20 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. You become a validator for having 32 eths and that's your contribution to the network and at the same time, you'll earn from it. There are pools already that people can join even if they have less than 32 eths. Eth is currently big and at the 2nd spot but after the merging, I think that it will grow bigger than before. Well, I've just wished that I've bought more than 32 eth before but I've sold some during the bull run and I've got less than right now.
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justdimin
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August 15, 2022, 08:52:40 PM |
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Yes, you are correct. People used to HODL precious and not give in to fiat right away in days long gone. Nevertheless, sentiments can change very quickly since markets are influenced by many factors, but I am most concerned with the lack of volume at the moment. No matter how the merge plays out, I believe the ETH ecosystem will continue to pump. Until either of those things happens, I'll ride the wave. It will take me until late September or early October to sell my house.
I definitely agree that we are in a situation where ethereum doesn't have the volume that it deserves. Right now we are on the verge of maybe one of the biggest developments in crypto world for the past 5 years, nothing as big as this happened since creation of bitcoin itself, and yet we do not see the hype for it. I mean all of crypto people should be super hyped about this, and when the time comes we are going to see maybe 10k per ethereum, who knows? We should be quite happy about this situation. If not, then I am sorry to say this but there will be a lot of people who miss out on this profit chance and they are going to regret that they didn't buy it today.
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uneng
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August 15, 2022, 09:01:41 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.
Bitcoin is gold, ethereum is silver and it will remain like this. News saying gas fees are going to decrease strengthen ethereum on its position against another altcoins like binance coin, but not at a point of turning it into a menace to bitcoin, which is untouchable. Ethereum has a lot of potential once it becomes cheap and affordable to deal with in a daily basis and many projects will be still developed on its chain, so I guess investors thinking about holding ethereum for the future are doing a smart choice and won't regret later. Even during the hardest times ethereum has proved to be a good choice, now imagine how interesting it can become after the updates.
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KennyR
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August 15, 2022, 09:29:30 PM |
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By the time of merge it is predicted to have a dump in the market, and we don't have exact answer for that. Any form of changes can happen. According to me, there is more chances of drop in the market value and gets pushed. Once after the merge I believe that ethereum will get more real-time usage similar to bitcoin. So, further we'll get into discussion of some country officially adopting ethereum as the legal tender.
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tvplus006
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August 16, 2022, 08:12:32 AM |
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...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.
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