Topic: 13% ETH Dominance Broken!! >> Medalla testnet live....2.0 Mainnet imminent (Read 810 times)

$480 price already broken and the ethereum dominance keeps increase even more. Im glad to see that but the tx fees look so crazy this days as I must be a few dollars for a very very small txs with only less than $5.

The number of staked goethereum in the network is also increasing a lot.

i may think ethereum 2.0 will be the next evolution for ethereum. 

The Etherum price went up pretty strongly today.
But on the other hand there is so much traffic on the ethereum network, that transaction fees are just crazy at the moment.
Ethereum 2.0 really needs to come pretty quickly and it should work. If you have to pay 50$ fee for making a trade on uniswap then it's just insane.

we will see, but it was a good day for ETH in any case 

Eth dominancy seems to be breaking 14% of the total market now and i think it will continue increasing now till a new all time high price is achieved for ethereum and looks like this time bulls will be dominated by ethereum.

Seeing that Ethereum's price development is very good and can be said to be increasingly significant every day, I believe that Ethereum is very worthy of investment in the future. the team is very serious in developing this project, we can see for myself how ethereum works even able to break the highest ATH in 2020.

Ummmm.....no

ETH Dominance is rising as Bitcoin Dominance is falling

but BTC is not increased, it is just not going down at the moment, due to positive sentiment on the market? it is still below $12k, and does not seem that it will break it anytime soon
ETH, on the other hand, broke $400, but it is uncertain where it will go from this point, and news from testnet are highly appreciated

others are already pumped, IMO

it was a good day but BTC increased at the same time. Anyone see any news on the test net progress?

Good day

$430 Broken

BTC below 60% Dominance as we talked about

ETH 13% Dominance

good question...nothing significant in the news recently I could see after the little initial problem they had when it first launched it (which was quickly addressed). 

idk...No news is good news? 

Anyone seen anything about how the testnet is going?9

How is this not big news yet. No one is covering it

Here is a good quote from a post I made on another ETH thread regarding a post from the OP there

Thanks for reminder, just tightened my ETHBTC stop loss 

for some people, eth is their life,
basically they need is speed, security, and the most important thing for hunters is the low cost.
and I haven't seen gas below 10 gwei. but lets wait see...

ETH 2.0 Medalla testnet now live!!!

Mainnet now 2 months away. The waiting is finally almost over

Gentelman.....start your engines!!!!

12.5 % ETH Dominance broken

Less than 36 hours away from testnet

it doesn't hurt if you still hope that ethereum prices go up that much, but you also have to think how can ethereum prices go up if nobody buys? ethereum needs support by buying not just people who hope.

if the Ethereum price is still above $ 300, there is still a chance to try to break through $ 400, before Ethereum 2.0 is launched I'm sure Ethereum can still go up again

$410 then dipped back down

But the overall trajectory is good.

Considering the timing of testnet, the Mainnet Phase 0 is mere months away. They seem very ready.

I see no reason for the increase in price to stop moving forward.

I could be wrong, but I don't see the the value from an imminent 2.0 launch priced in yet

unfortunately some time ago the price of cryptocurrency collapsed in the beginning of the price of bitcoin which collapsed after that ethereum and other altcoins were affected, I think there is a whale that uses this to sell part of its assets when prices rise, and stay alert hopefully DeFi can restore cryptocurrency to high prices again.

399 and change right now... So close to big 400 

Im seeins when the tesnet will be fully launched and reversal trend will be happening. The testnet has brought ethereum to the moon and we will see that whether ethereum can still defent the hype or not.
It's just the matter of time until the correction will happen.

of course ethereum has the potential to reach $ 400 and I think it will be very easy to happen because so far when a large platform has a good project to be launched the price will be easy to rise, ethereum is the second major platform after bitcoin. so buy as much ethereum as you can and enjoy the many benefits that can be obtained from ethereum.

Is really a great time now for ETH and honestly i will wait for the launch of 2.0 to see what will happen I hope it will be smooth. Hopely there will be more trades or maybe i will jump in myself

it can be more $400 in next few days, $$20 more to reach $400 and if looking ethereum price in few days ago it possible to happen . every traders in crypto market now concern on ethereum 2.0 that will released in few days ago and it be good opportunnity for them to get profit from buying eth.

Ethereum price movements are really crazy, every day continues to go up. Even now it has reached the price of $ 383,
indeed Ethereum is worth it referred to as the king of altcoin. Ethereum has begun to show an increase due to the ETH 2.0
testnet which will be in a few days. I am optimistic that before ETH 2.0 testnet, Ethereum prices can reach at least $ 400.

lol mad dog and ethereum there is no connection whatsoever, I think your choice to choose ethereum and focus on ethereum is a very smart choice because ethereum will have a high price at the end of this year.

ethereum movement is like a mad dog that got unchained after several weeks of been held in captivity. Just sold my KAI for ETH, I hope I don't regret my deciosion for joining the ethereum madness. If the price crashes as some pundit say, it will be a wild cry.

$376

ETH Dominance 12+%

We've dropped in BTC a bit.

Will it rise more when the Testnet goes live AUG 4?

I am also pleased with the rise in the price of ethereum, since some time ago I exchanged my tokens received as a result of participating in ICO bounty campaigns for more than a dozen of this coin. I was hoping for a price effect from introducing Ethereum 2.0 improvements to this coin. It looks like this is starting to happen. Since July 21, I have seen a good rise in ethereum from $ 236 to the current $ 317, although its price has already climbed to $ 327. Hope this is just the beginning.

If only people looked at the technology and potential of a coin instead of following the trend and acting like herd of sheep, many coins could have had taken the place of ethereum long ago. Coins such as ADA, NEO etc are way advanced in terms of technology and ease of use. They just lack mass adoption as not many people know about them and what they have to offer.

We will see if ethereum has something worth offering with that launch of new testnet and could rightfully claim the altcoin throne that it sits upon. Also, we fail to notice that even ADA is surprisingly up by 12 percent. I guess more coins will keep us surprising in coming weeks as this crypto space is slowly getting into bullish mode.

ethereum has shown its action can go up to $ 300 more many are surprised about this all happened very fast, hope ethereum is able to go up high and not go down

I hope we will see ETH 2.0 this year, at the moment it is becoming very expensive to use the ether network, or very long.

I think Eth became one of those coins that's quite easy to sell a bit when over-extended, as well as buy a bit when oversold. It's been in a wide range for the past year (against BTC) and became clearer this year that it likes to pump 60%, then dump 25-30% within this range. It's now pumped 60% again since recent lows, so selling a bit makes a lot of sense in my opinion. Just maybe not too much of it, as if BTC dominance doesn't bounce back soon, price could really take off (though I think this is still unlikely).

I've been accumulating for the past 12 months personally (mainly with BTC). I'm also never trying to "buy the bottoms", just buying near enough to the lows, or at least below the mid-level, in order to maintain a market weighted position in my portfollio. It's been a lot easier to accumulate than Bitcoin that's for sure, none of this broadening descending wedge nonsense! Just an easy going parallel & horizontal channel. While the 2 year USD range of $100-300 is pretty wide, it's at least been pretty reliable to buy when low and sell when high too it seems, for those who think fiat profit is real at least.

Until it's breaks above $385, price is still at resistance though USD wise. It'll be interesting to see if Eth can hold it's 200 Week MA around $265, or fall 40-60% like the previous two attempts. This will likely be dependent on whether Bitcoin can hold $10K and move higher or not I guess, but either way, an 80% discount in price is always more advertising to me than a 50% discount, in something I believe has a lot of room to grow. Hence the ethbtc chart being always more relevant to me, especially given the higher lows on the Monthly chart for the past 5 years, it difficult to argue from a charting perspective that it doesn't have more growth potential - mainly because it's only half the age of Bitcoin.

I'll likely be looking to sell a small amount of Ether soon enough into Bitcoin, as there are is a confirmed sell signal on the Weekly TD Sequential, as well as waiting for BTC dominance to dead cat bounce back upwards in the short-term. This will likely cause Ether to have yet another healthy 25-30% correction in order to re-test long-term resistance trend-line around 0.025 btc. Either that, or it's next target is around 0.04. Hard to tell at this point.

I'm also not convinced the announcement of the testnet has anything to do with recent bullish price action. Ether has been screaming a buy on both it's ethusd and ethbtc charts for weeks now, to me it seems clear that the technical probability of further upside has played out, with enough speculators predictably jumping on the bandwagon.

you bought this year or long time ago ? im impress because you arent greedy like others but instead you sell some  . you know your capability that its not possible for you to predict eth  . you wont regret because if eth drop atleast you already sold some and you wont also regret when price of eth continous to rise because you still have eth left in your wallet . we arent sure if eth moves in its own because if we will also notice btc , its also increasing and that happens just before eth increase

ETH is already surging independent on BTC movement, it clearly shows great optimism from crypto enthusiasts on ETH 2.0 launch which is around the corner. ETH dominance also increased, but we don't know if it will be short-lived or not. I took some profit already on ETH since I bought in very early before this price movement, holding the rest longterm.

I still wanted to buy that paradigm shift, but I would say no, ETH usually follows BTC's movement and as much as we want it to decouple from BTC, it will not be the case because of the dominance of BTC plus the pairings itself. ETH is already on the roll right now and because of this news about their testnet being release it started this min bullrun that trickle and has domino effect on the rest of the alt coin right now.

I think ETH will still follow the Bitcoin prices, there are some coins always follow the Bitcoin prices, if Bitcoin goes up then their prices also goes up, Like LTC, ETC, ETH and BCH. So I think the ETH tesnet is only a little effect from the current ETH price increase.

Seems possible and even seen some hype also on YouTube that even a $1k is possible by this year. Well, not that I'm that really skeptic but if some wants to bag more especially this bears I am thinking there will be a decline and I/we should take that opportunity.

Well this doesn't seem like a fake pump to me
LOL

$325 Broken

Can I get a $350??

😎😎😎

This kind of seems like a fake pump to me. People usually tend to pour money into a coin that has a fork or has some other update on the way. But it has happened many times that people have always been disappointed from the latter outcome. The market tends to run on the hype rather than actually potential. And I think that is what is happening to Ethereum right now.

The testnet has not even been launched yet and the coin is already up by 10%. We don’t even know how it is going to go, is it even going to be successful or anything. We are all just assuming and predicting things on the hype created.

Over the last few days ETH dominance rose around 2 percentage points while BTC dominance fell 2
 But today BTC dominance rose half a percentage point while ETH dominance stayed still.

So it seems the trend didn't continue

hype and fomo already coming to ethreum, almost all cryptocurrency price growth now. and we will see what happen to ethereum if 2.0 coming . traders now didn't want miss the train before ethreum price be higher again.from now on we must set our position to face new all time high after ethreum 2.0 released.

 

So far the rise in ETH Dominance correlates to the decline in BTC Dominance.

When ETH reaches 12%+ Dominance, will this continue, and BTC Dominance fall below 60% for the first time in years?

$500 is very easy for eth in the next coming weeks.
This is a good chance for those that haven't bought eth yet.
But of course, you need to assess yourself if you can take the risk, win or lose.
On my end, I believe that eth can really attain their objectives and they are very serious in pushing thru this long awaited version.
They have the bug bounty program in place. So it's just a matter of time when will we see the power of Eth 2.0.

at this time eth has touched $ 300 this is a good sign to show the strength of the upcoming tesnet.
I think it's time for ETH to wake up from sleep and show that ETH can stand alone without having to rely on bitcoin.

$300 happened, Just another $80 of resistance and we'll be near $400  

Glad I positioned myself according as not a level I'd currently want to buying right now. Kinda wish I'd sold my spec alts into ETH instead BTC now for an extra 20% then back into Bitcoin, but at the time it felt a bit too speculate. A pull-back to the 200 Week MA next week around $265 looks tempting though. Until then, this 25% gain this week needs to cool off imo. Point proven though, $300 is more than possible to break. Looks a lot more exciting to me than Bitcoin right now tbh, both price action & technically speaking.

Guess I now what I'll be selling my alts into next time.

Took them long enough to realize something big going happen to ETH and now everyone wants to have a piece of it. ETH 2.0 with all its features will make ETH become unique and allow it to leave the name 'just another altcoin' for good.

11% Dominance!!!!!

And YES!! $300 comin right up sir💪😎

So… it seems like Eth 2.0 Phase 0 is postponed at least to January – though I think it's more like summer 2021. Me and my Euclideum team are starting to lose patience AND hope, to be honest. Let's see what happens when we roll out our Euclideum fork in Aug – Sept. It will have PoS working from the start + delegated staking. Also sharding on the testnet. We've worked a lot on it and did tons of testing – it works. So I think many will give it a go.

As long as the update will be filling all of expectation by all of parties and it will create massive hype. Everyone should remember if any pump will occur when there was a big hype and with the come of ethereum 2.0 and $300 can be achieved very soon.

Regarding the potential increase in ETH prices and trading pattern settings each has its own tips and methods, the most important thing is to rush with the conditions for a moment. I hope ETH gets better and everyone is waiting for this.

We need to wait for a while because the price needs $20 more to break $300. Until that time, we hope that the price will not break $300 in the next week, but it might happen at the end of this week. If the price can break $300 at the end of this week, ethereum will have a chance to break $325-$350 or even another high price unless bitcoin price is getting down to make ethereum to go down too.

I see those numbers and it is difficult for me to get there I really wonder when it will go up since I have risen in etherum

$300 incoming.

At first, when i saw the rate at which the price of ETH was growing, i was asking what could be the reason. Later, i remembered that something is coming up, not knowing that the date is near. I am sure that ETH is still growing and is not ready to stop. The time to relegate ETH has gone. It is now having more relevance than any other coin, until the update is out.

This pump of Ethereum could be the beginning of the next bullrun. Huge time has passed in the bear market. Until next year's second quarter, Ethereum could take another correction after Ethereum 2.0 bullrun. We can sell it during correction time. You think Bitcoin doesn't take correction time, of course you believe in Bitcoin.

Will this be the case like what happened to halving Bitcoin where price predictions were very high but have not yet been reached? Many experts predict the chance to make the market of ETH increase in certain percentage. Of cours,e it may have chance for it. however, it is no need to only pay attention or believe at all on the hype and also price prediction. Once you lay in the price prediction, you may hurt when it doesn't fit yet.
Personally, I also expect that the ETH testnet will really bring benefits and also easiness. However, I personally don't expect too much about the increasing market. if the price is really increasing, it is a bonus for me. But if not, I think that we should think about technology and future investment.

Become stable? Seriously? I don't think that ETH wil become stable. This will be still volatile although it may not high enough compared to the other coins in volatility. Therefore, better to make the market price increasing significantly although slowly but sure. That is our chocie whether to sell or hold this coin. In fact, ETH is much worthy coin to invest or even for traidng.

I don't think we will see a very fast pump of ETH right now. I don't see any fundamental factors that could push ETH above $ 300. as soon as we reach this mark we will see a dump again

Hopefully this is not like Fomo because when there is a good event like that the price will definitely go up in the beginning but after the event is finished the price will collapse again and usually it is the act of the popes who have a lot of capital that can set the price of a coin at the exchange. hopefully ethereum prices can be expensive because of the influence of a very good development.

Is everyone now buying ETH? It quickly spikes to $285, Its going to be time for anyone to get into ETH, it's just pumping up and might just continue till the ETH 2 deployed.

The 10% would likely increase due to the opportunity they were hyping for holding 32ETH.


I might have 32 soon if I decide to sell some of my altcoins. But I just have to see how much I could earn from staking the 32 than investing in a casino.

and it is now going up again, with BTC stagnating, ETH/BTC is approaching 0,03 after a long time, i have read that goal for this rise is around 0,032 BTC, so i am waiting for that one to see what to do, but this should not be seen as recommendation, DYOR

Now the price of ethereum is growing very quickly and in my opinion, it even outstrips the growth of bitcoin. There are improvements to ETH 2.0 ahead of this coin and we expect them to be successful. In this case, the popularity and price of ethereum will soar even higher.

$281

Got your 32?

That's right, I am also waiting for it. If the testnet of ETH2.0 finish successfully, than we might see a good pump in the price. Also, the current gas problem from ETH1.0 or ETH "proof of work" blockchain might be solved and also all the ETH lovers will be in comfort zone. Not only this, it'll be also helpful for the Dapp users and more adoption might be in the Ethereum blockchain, IMO.

$274

It's real. 
Is Ethereum 2.0 getting near and investors are preparing for the staking process?
That is the only reason I could think of to hype Ethereum once again and gain a momentum with the increase in its value.
I hope I bought more before this.

I have not held ethereum all this time and have never listened to FUD, it turns out that ethereum has now shown that he deserves to be better can't wait for 2.0

I know there will be some excitements about the Ethereum Testnet but the party is till the Ethereum 2.0 Mainnet which I don't think would happend this year. I will rather bet on BNB this August which I think would break its ATH when the smartchain is launched because Binance is going to list some of DEFI projects on it

Ethereum 2.0 will actually give so many improvements to the platform. It's a all in one packet. Serenity will also bring ethereum into the more scalable chain and that's really worth to watch the ethereum market. More hype will be coming to the ethereum for sure.

this is just the beginning. so be patient. I'm also sure this will be good in the future. I keep holding until now. and let's toast for ETH, the current price has reached $270. I hope when the network starts to stabilize, eth can break the support point and start going up.

Still a speculation though and 10% increase isn't that high IMO, it's just a breakout and if it can hold to the next resistance around $280 then I think we could see more surprises about ETH price. The upcoming event of ETH 2.0 from POW to POS was really one that drives it's movement.

It still not the final date, sorry

Yeah, the time is gradually getting closer for the launch, yesterday eth was on fire,  sometimes eth can be very surprising when the price is ready to increase rapidly,  with the upcoming eth 2.0 launch i think it will not only boost the network speed but also will boost the price, i will like to be optimistic and hope the launch will occur as scheduled.

I am really looking forward the launch of Ethereum 2.0, I am sure it will be amazing and will boost Ethereum blockchain speed and adoption significantly. Still, I am not sure it will be launched this year.

It's an update to ETH 2.0

10% ETH dominance means that ETH Marketcap is 10% of the Marketcap of all cryptos combined. BTC Marketcap dominance is 61.5% last time I looked

eth testnet ? whats this , another gimmick that answers to defi  ? or is this the update for the eth 2.0 but the name sounds familliar to me i think i already heard of that testnet before but it does not matter if what is it but as long as its beneficial on the eth or much better in the overall cryptos , ill alway be happy to welcome it  .

 10 percent is small to say that eth is on dominance  but thats better than zero gain   . 250 being broken by eth is something that eth users are waiting  .

Every  ETH holders is waiting for this event even my self , let us see how this eth update will help the price to back again to normal and hopefully beat the ATH or at least half of the price of it before by the help also with the new tech they offer like DEFI project and the staking rewards to holders.

this is be best momentum for ethreum price rise extremely. ethereum 2.0 be most waited fundamental for investors, if this even realized there are significant change in ethereum , alot investors will fill their bag with more ethereum.

Everyone expects a big upwards price movement once 2.0 goes live, but the usual pattern in crypto is that in this situation we actually see an initial price drop. Certainly 2.0 is encouraging for long-term price movement, but  short-term movements are more driven by speculation, and it is rare to see significant upwards movement when a much-anticipated upgrade launches.
This may all be complicated by the fact that ETH is currently priced quite low against BTC in historic terms, and there is always the possibility that any change for this particular coin is swamped by overall market trends, but certainly, this 'price drop on launch' is a general trend to be aware of when considering jumping in.

I'm already waiting for ETH to make changes and it's time for ETH to rise from a long sleep after going through a lot of shocks and hopefully this will provide interesting information and make the price of ETH fly to the moon

If you are starting to just invest on ETH because of they hype then you are too late. You should have bought it when the price is still very cheap and preparation of their ETH Testnet and I'm sure this is the main reason why the price broke it's $250 big psychological barrier for many months because of this news. Now $300 will be the next target if they can release ETH 2.0 this October. So the excitement has just began for ETH and if they can keep track of their schedule maybe before the end of the year, $400-$500 will be within grasp.

They still have a long way to go but the news of testnet release and announcing November as the release month for the mainnet really shot up the price now I am still eagerly waiting for ETH to cross $300

You do and i can't even be a patience person to see how much people will become validators in the testnet.

It shows that even in the beacon chain https://beacon.etherscan.io/ there are so many people have already tried to be validators.

have you prepared your ethereum for that?

I can understand the excitement,,, but just be patient and see what happens yet for a little while;) Yes ETH is getting so popular but I still am not convinced DeFi and ponzi apps can sustain this run, and of course we all wish gas fees are cheaper,,, so there are many things to consider yet.

Hold your horses but enjoy the ride:)

We are all waiting for this. I have waited long since the bear market and also fled from that. The price starts to increase and I've been there at the bottom, so it's ok for to me to wait again for another run if there's a chance for it to get up.

Like everyone's speculation for Ethereum, this 2.0 launching will trigger the price to rise and to sudden fall. Despite those, I'm leaning to my experience and no alter decision will be applied because I've already held.

The only reason why EOS and Tron is popular is due to the congestion on ethereum network and it's relatively higher fees. If these issues are addresssed with the new update, people would not even look at EOS and Tron which are both controversial coins with higher degree of centralized control. Ethereum is one of the most decentralized coin and that's the reason why it still holds the number two position.

You should never take any FUD that has already created by ethereum haters. We know that those haters will feel so bad when ethereum has already started to go to the moon again. Let those crap copy cat platform of ethereum will be eaten by the new coin that offered a new thing.

Haha I like your excitement and expression, let's hope our ETH bags will boom. ☺ If most DEFI projects are doing well this era, I see no reason why the initiator of smart contracts itself and the major backbone of DEFI projects being Ethereum shouldn't blast. I believe scalability issues will be tackled to some extent with ETH 2.0 launch. However, nobody knows it all, the reverse might be the case, lol.

Well finally it's gonna be here but why I somehow feel underwhelmed but this coin is still promising to hold though, I can feel the hype from the people all around and maybe it's gonna get past $300 which not too optimistic considering it's already break through $250 mark.
a massive pump is always welcomed  .

Eth is due for big break above and massive bull run and i hope that by the end of the year eth will be around previous highs especially with so many developments and upgrades coming they will add fuel to to the fire and we can expect parabolic run in eth price.

I am glad to see the power that Ethereum shows. Two years ago everyone said that Ethereum is old without any future, that it will be replaced by Tron, EOS or NEO. Now look at these all Ethereum killers and who is really killed  .

I'm too bullish for the Ethereum re launch. I have been following them for some time and they seem to be doing the right things. There will be much more buy after the launch as people would jump into creating nodes for the network. If the launch is smooth, transaction time made quicker and fees lesser, Ethereum would have another boom with the help of dapps and dex.

$263!

You hear brrrrrrrrrrrrrr?

I'm still holding and waiting for its release to become stable. I wouldn't dump although I'm sure that there's going to be a dump after this positive that we're getting.

Surprisedly, this is going to shock a lot of people who will expect ETH to rocket at that release. I have been old enough in this game to know I should hold a contrary view. Just watch and see, ETH will crash a few days to the testnet release and days after it. Hodlers will dump in the guise of buying back cheap. This has always been the pattern in this industry. My advice to investors is not to buy in a few days to the release. Now is the right time or they wait for a few weeks after the release.

Mainnet now less than 2 months away. The waiting is finally almost over

13% ETH Dominance Broken
        $430 Broken