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Author Topic: Ethereum will get more demand  (Read 840 times)
Tessyb
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August 23, 2022, 08:51:00 AM
 #61

I agree with you, regarding the potential growth of ethereum demand. The value of ethereum may increase substantially because whales would be interested in the staking benefits and as such we may have less dumping and since miners are no longer rewarded, this would also contribute to lesser dumping.
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August 23, 2022, 09:20:13 AM
 #62

I agree with you, regarding the potential growth of ethereum demand. The value of ethereum may increase substantially because whales would be interested in the staking benefits ....
It was not the whales alone, but it was because many people are coming into crypto having an interest in Ethereum. It naturally gain higher demand knowing that this coin is worth investing and besides, it was the most recommended altcoins in the market, and it is not surprising anymore. Sooner, when the bull season comes we can definitely expect a price rally together with high demand.

as such we may have less dumping and since miners are no longer rewarded, this would also contribute to lesser dumping.
You got to be wrong with this mate, miners will gain rewards as long as there is continuous use and ETH transactions in the market. And definitely, this is won't affect the dumping case as it will happen no matter what we do.

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August 23, 2022, 09:40:51 AM
 #63

There is a positive thing from a more expensive transaction fee in Ethereum, which is only a large and serious project that will use the ERC20 network, and if we look at the facts in the market some large projects can be successful and last long, this is what makes ETH demand never go down like other coins.



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August 23, 2022, 11:36:12 AM
 #64

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...

The Ethereum Foundation explains in its blog that "The Merge is a change of consensus mechanism, not an expansion of network capacity, and will not result in lower gas fees" - https://ethereum.org/en/upgrades/merge/#misconceptions
Therefore, be sure to remember this so as not to be disappointed after the merger.

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August 24, 2022, 02:35:06 AM
 #65

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.
Correct, if we think about the amount of coins that could be dropped to the market at the same time is not really that important, especially if we consider the daily volume of bitcoin, however the threat itself is enough to cloud the judgment of people and make them think that an absolute catastrophe is coming, this creates FUD and as we know if enough people believe it then this will cause a major downturn in the market, which is exactly what we are seeing at the moment.
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August 25, 2022, 05:16:20 PM
 #66

Had it been Ethereum continued with her low fees transactions as it were before, other blockchains like BnB, polygon, Avax, Tron and many more won't have amassed much on crypto space. High transaction fees made from Ethereum made way for other blockchains to display their fast and lower rate of transaction costs.
Inasmuch I can say, cryptocurrency is open for every project to compete and display her full potential in the crypto market.

After years of hodl and waiting for the ethereum merge to commence, do you expect the whale to dump Ethereum, no I guess cos they would like to stake and enjoy the reward as you have already asserted.

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August 25, 2022, 05:23:57 PM
 #67

maybe, because PoS will change everything, from Gas Fees to their ecosystem,
there is a staking feature there, and of course there is a lot of demand because many want to stake Ethereum,
I'm sure Binance will also support the staking feature for ethereum in the future

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August 25, 2022, 05:57:39 PM
 #68

In a word, the demand for Ethereum is after Bitcoin. Ethereum is the 2nd coin of coin marketcap. It is a coin of many trusts. Everyone compares this coin after Bitcoin. The biggest thing is that at the beginning of the bear market, after the price of all coins went down, the price of Ethereum also went downBut after some days its price started increasing again but all other coins or tokens hardly increased in price. Hopefully this coin is actually a very good coin that will go much further in the future.
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August 25, 2022, 06:51:43 PM
 #69

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.
Ether is the first altcoins ‍and there isn't a single person in crypto who doesn't know about it. We've had a lot of things, but the latest is that Ether is moving forward in his track. There are many updates are waiting for this reason we saw a few days ago what effect it had on the bear market. Not just whales, Investors of all stripes are drawing attention to Ether. Many speculate that Ether may soon cross its all time high price.


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August 25, 2022, 07:01:24 PM
 #70

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August 25, 2022, 08:21:15 PM
 #71

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.

The imminent merger of ETH has already split the community into two camps. Some think, that after the merger there will be a panic and ETH will lose a lot in price, the value of coin will fall below $700, up to $500. The other side says, that after merger the price of ETH will reach $4000 till the end of the year. This all sounds more like manipulation and FUD. Personally, I'm of the opinion that after the merger, the price of ETH could still experience some volatility for a while, and in both directions, I would buy some ETH if the price goes down to $1000. In the current market realities, that's quite possible.

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August 25, 2022, 10:58:01 PM
 #72

maybe, because PoS will change everything, from Gas Fees to their ecosystem,
there is a staking feature there, and of course there is a lot of demand because many want to stake Ethereum,
I'm sure Binance will also support the staking feature for ethereum in the future
binance will support ethereum staking if it be, as major coins intheir exchange, every update from ethereum developer team will supported and its happen to other projects too. if this migration to POS bring positive impact to gas fee,i am believe there will more smart contract deployed in ethereum chain.  developers team will back to ethereum again , its effected to price too.

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August 30, 2022, 12:40:33 PM
 #73

...if this migration to POS bring positive impact to gas fee,i am believe there will more smart contract deployed in ethereum chain.  developers team will back to ethereum again , its effected to price too.

You need to read about the existing misconceptions arising from the upcoming merger, which were provided by the Ethereum Foundation - https://ethereum.org/en/upgrades/merge/#misconceptions I have previously indicated this link, but apparently it is not enough. You should not expect a reduction in gas fees, since "The Merge is a change of consensus mechanism, not an expansion of network capacity, and will not result in lower gas fees"

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August 31, 2022, 08:48:19 AM
 #74

Well, im quite not agree with your opinion. Proof of Work coin is the most sustainable coin in cryptocurrency.
Mining devices such as ASIC miners and GPU Cards sales are able to monitor, so we know the coin is decentralized or centralized.
It is different with Proof of Stake coin which unable to monitor because anyone can monopolized the mining reward by buying the coin as much as possible to stake for mining.

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September 02, 2022, 03:34:37 PM
 #75

...if this migration to POS bring positive impact to gas fee,i am believe there will more smart contract deployed in ethereum chain.  developers team will back to ethereum again , its effected to price too.

You need to read about the existing misconceptions arising from the upcoming merger, which were provided by the Ethereum Foundation - https://ethereum.org/en/upgrades/merge/#misconceptions I have previously indicated this link, but apparently it is not enough. You should not expect a reduction in gas fees, since "The Merge is a change of consensus mechanism, not an expansion of network capacity, and will not result in lower gas fees"
if indeed the developer of Ethereum failed in the ethereum merge of course this would make all parties annoyed!
I'm sure of that, even though many people want Ethereum to have a cheap gas fee,
if the Gas fee for Ethereum doesn't change, then there is a possibility that it will dump and demand will decrease.
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September 02, 2022, 05:33:14 PM
 #76

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 agree with you, Ethereum has a great future especially if they can fix  the high gas fee. Those who hold huge amount of ethereum now will surely gain huge profit sooner or later. The merge and upgrade in ethereum blockchain must have a good result  or else it will destroy the trust of the people.

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September 02, 2022, 05:57:01 PM
 #77

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 agree with you, Ethereum has a great future especially if they can fix  the high gas fee. Those who hold huge amount of ethereum now will surely gain huge profit sooner or later. The merge and upgrade in ethereum blockchain must have a good result  or else it will destroy the trust of the people.

I don't like Ethereum, and I always choose other platforms, but it's me... Even though I don't like it I think it has a future, and probably will rise in popularity and price! I don't know how, and I am not sure why some people still stick to Ethereum (one of the reasons is probably the one about Ethereum and all those tokens made a lot of millionaires), some other platforms are much better! I say that as an ordinary user...  We will see the future, but Ethereum devs must get serious if they don't wish to be overruled by some other platforms, which can happen in the next 5-10 years!

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serjent05
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September 02, 2022, 07:00:02 PM
 #78

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 agree with you, Ethereum has a great future especially if they can fix  the high gas fee. Those who hold huge amount of ethereum now will surely gain huge profit sooner or later. The merge and upgrade in ethereum blockchain must have a good result  or else it will destroy the trust of the people.

I don't like Ethereum, and I always choose other platforms, but it's me... Even though I don't like it I think it has a future, and probably will rise in popularity and price! I don't know how, and I am not sure why some people still stick to Ethereum (one of the reasons is probably the one about Ethereum and all those tokens made a lot of millionaires), some other platforms are much better! I say that as an ordinary user...  We will see the future, but Ethereum devs must get serious if they don't wish to be overruled by some other platforms, which can happen in the next 5-10 years!

Same here, I used to like it better than LTC and dogecoin but when the problem with the high gas fees arise, I shifted to cheaper and faster coins.  I also don't know why lots of projects still stay on the ETH network when there is already an available alternative that is more advance and user-friendly than ETH and if they failed to fix their gas fee, I believe more and more people will move away from them.  The illusion of getting more demand from this merging will fade away after the merge is done and the major problem of the gas fees isn't solved.
Anonymous100
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September 02, 2022, 08:12:47 PM
 #79

fixing the high gas fee have automatically turn this project into a GOLD

Ethereum does not fix gas fees automatically, but gas fees will automatically decrease depending on how busy the blockchain is. If the transaction rate is higher, the gas costs will automatically be higher.
At the same time, if the price of Ethereum is high then the gas costs are also high, because the gas costs are taken from Ethereum. High because we measure in USD, if we see Ethereum issued remains the same when Ethereum price is low.
If one day the price of Ethereum is high, and the level of blockchain activity is high, then gas costs will automatically be high.

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bitcoin-shark
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September 05, 2022, 10:48:08 AM
 #80

Many will want to participate in the new eth pos mining and create groups to make nodes so the demand for eth will grow considerably and therefore also its value
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