[ANN] Ethereum: Welcome to the Beginning - page 79.

Sy

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Quote from: IrinaRos15 on July 28, 2020, 12:28:05 AM

What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?

Nope $1000 is way too far for now. Till August, I am expecting the price to be around 340-350 because this is just a testnet news but November could be a different game if they stick to their schedule this time.

Bitcoin_Arena

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Quote from: dragonvslinux on July 28, 2020, 04:28:41 PM

Do you have a source for this? Sounds like very relevant data...

This was all over most crypto related news sites some few months back
- https://news.bitcoin.com/grayscale-buys-50-of-all-ethereum-mined/
- https://www.reddit.com/r/ethtrader/comments/g8ccoy/grayscale_ethereum_trust_bought_484_of_all_mined/

This is a detailed document about GRAYSCALE ETHEREUM TRUST - https://grayscale.co/wp-content/uploads/2020/03/ETH-2019-Annual-Report.pdf

davide72

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Quote from: JollyGood on July 27, 2020, 04:57:24 AM

Vitalik Buterin seems to have steadied the ETH ship for now with announcements of testnets for 2.0 but until the whole thing is up and running there will always be doubt over the project.

Don't really understand Vitalik Buterin, last years he did post very negative comment on his social account about ethereum project, soon ethereum is going to pos mode! Anyway Ethereum is a great project!

dragonvslinux

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Quote from: polarityexchange on July 28, 2020, 03:35:46 PM

Quote from: ostrogoto2012 on July 28, 2020, 01:34:32 PM

Quote from: Renampun on July 28, 2020, 11:55:46 AM

Quote from: IrinaRos15 on July 28, 2020, 12:28:05 AM

What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?

Ethereum $ 1,000 in the next month? might it will happen...
but we cannot expect Ethereum return to its ATH in January 2018 too much, I just thought maybe Ethereum would be at $ 600 - $ 700 in August.

Ethereum should have alredy been at 1K dollars if Vitalik did not post on twitter some speculative message last years. We must not forget

It is also known half of all ETH that was mined the last year + was bought by Grayscale.

Do you have a source for this? Sounds like very relevant data...

Bitcoin_Arena

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Quote from: Renampun on July 28, 2020, 11:55:46 AM

Quote from: IrinaRos15 on July 28, 2020, 12:28:05 AM

What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?

Ethereum $ 1,000 in the next month? might it will happen...
but we cannot expect Ethereum return to its ATH in January 2018 too much, I just thought maybe Ethereum would be at $ 600 - $ 700 in August.

A new all time high could happen sometime in the future be definitely not this August. We should be expecting some few correctiosn even if we have a month of upward trends. Realistically, between $400 to $500 is possible in August. $1000 is too much for ETH right now Cheesy

polarityexchange

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Quote from: ostrogoto2012 on July 28, 2020, 01:34:32 PM

Quote from: Renampun on July 28, 2020, 11:55:46 AM

Quote from: IrinaRos15 on July 28, 2020, 12:28:05 AM

What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?

Ethereum $ 1,000 in the next month? might it will happen...
but we cannot expect Ethereum return to its ATH in January 2018 too much, I just thought maybe Ethereum would be at $ 600 - $ 700 in August.

Ethereum should have alredy been at 1K dollars if Vitalik did not post on twitter some speculative message last years. We must not forget

ETH chart looks very close to silver, which was notoriously suppressed by JPM..

It is also known half of all ETH that was mined the last year + was bought by Grayscale.

ostrogoto2012

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Quote from: Renampun on July 28, 2020, 11:55:46 AM

Quote from: IrinaRos15 on July 28, 2020, 12:28:05 AM

What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?

Ethereum $ 1,000 in the next month? might it will happen...
but we cannot expect Ethereum return to its ATH in January 2018 too much, I just thought maybe Ethereum would be at $ 600 - $ 700 in August.

Ethereum should have alredy been at 1K dollars if Vitalik did not post on twitter some speculative message last years. We must not forget

Renampun

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Quote from: IrinaRos15 on July 28, 2020, 12:28:05 AM

What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?

Ethereum $ 1,000 in the next month? might it will happen...
but we cannot expect Ethereum return to its ATH in January 2018 too much, I just thought maybe Ethereum would be at $ 600 - $ 700 in August.

bunterfisch

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ETH is now listed on unnamed.exchange
https://www.unnamed.exchange/Exchange?market=ETH_BTC

dishku

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Quote from: IrinaRos15 on July 28, 2020, 12:28:05 AM

What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?

Of course DEFI is on the fire right now there is big craze about that boat nobody want to miss this. It creating FOMO and that the cause why ETH is exploding right now and the plus point is ETH 2.0 testnet which is going to release next month. Hopefully these reason will make moon very soon.

IrinaRos15

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What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?

ostrogoto2012

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Quote from: dragonvslinux on July 27, 2020, 05:45:45 AM

Quote from: JollyGood on July 27, 2020, 04:57:24 AM

Vitalik Buterin seems to have steadied the ETH ship for now with announcements of testnets for 2.0 but until the whole thing is up and running there will always be doubt over the project.

Very true, don't buy the hype. The idea of the testnet being launched in 2 weeks is a classic "buy the news, sell the launch" type event, regardless of whether it's successful or not. This is merely how speculation works surrounding launch announcements. I still remember the hype surrounding Lightning Network in mid 2018 due to the 4x in liquidity that occurred, then price dumped 50%! Prior to the dump, everyone thought Bitcoin was going to moon because of it Roll Eyes

Now Lightning looks like a failing defi protocol. Kicked out the Top 10, ranked 20 behind a dozen shitcoin projects with a pathetic $10m of liquidity. Always be cautious!

In fact you are right, I just don't understand pumps are legally prohibited but they often happen especially in the crypto market

Bitcoin_Arena

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Quote from: dishku on July 27, 2020, 03:32:09 AM

Now the narrative of vatalik about high fee has been totally changed it is a big joke while in the beginning they were claiming low transactions fee is good. It is happening because of DEFI and now insane pump of ETH. I also think it will become worse scenario in future when people have to pay more high fee.

Truth is he probably never expected ETH to be this big. That why the upgrade is much need. In the last few weeks i have been paying way less (10 - 20 times less) in Bitcoin Transaction fees as compared to ETH transaction fees Grin

Sy

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Quote from: dishku on July 27, 2020, 03:32:09 AM

Quote from: Sy on July 27, 2020, 01:39:14 AM

Quote from: bitcoin_diamond on July 24, 2020, 12:02:08 PM

I sent ethereum payment from my wallet to exchange it gets to blockchain and because of low gas it returned back lol and ethereum has 30 billion market cap lool
Go Cardano kill the nonsense ethereum

It's definitely going to get worst from here because ETH right is pumping like crazy and, higher the ETH gets pumped more will be the gas price. If you check ethgasstation 91 GWEI is the standard gas price right now (as of writing).

Now the narrative of vatalik about high fee has been totally changed it is a big joke while in the beginning they were claiming low transactions fee is good. It is happening because of DEFI and now insane pump of ETH. I also think it will become worse scenario in future when people have to pay more high fee.

I hope they will make the network more scalable in the coming days because I transact in small amounts a lot (daily payments) coz of that I am losing a lot on fees. If I am not mistaken fees on ETH and BTC is almost the same now.

dragonvslinux

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Quote from: JollyGood on July 27, 2020, 04:57:24 AM

Vitalik Buterin seems to have steadied the ETH ship for now with announcements of testnets for 2.0 but until the whole thing is up and running there will always be doubt over the project.

Very true, don't buy the hype. The idea of the testnet being launched in 2 weeks is a classic "buy the news, sell the launch" type event, regardless of whether it's successful or not. This is merely how speculation works surrounding launch announcements. I still remember the hype surrounding Lightning Network in mid 2018 due to the 4x in liquidity that occurred, then price dumped 50%! Prior to the dump, everyone thought Bitcoin was going to moon because of it Roll Eyes

Now Lightning looks like a failing defi protocol. Kicked out the Top 10, ranked 20 behind a dozen shitcoin projects with a pathetic $10m of liquidity. Always be cautious!

JollyGood

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Vitalik Buterin seems to have steadied the ETH ship for now with announcements of testnets for 2.0 but until the whole thing is up and running there will always be doubt over the project.

dishku

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Quote from: Sy on July 27, 2020, 01:39:14 AM

Quote from: bitcoin_diamond on July 24, 2020, 12:02:08 PM

I sent ethereum payment from my wallet to exchange it gets to blockchain and because of low gas it returned back lol and ethereum has 30 billion market cap lool
Go Cardano kill the nonsense ethereum

It's definitely going to get worst from here because ETH right is pumping like crazy and, higher the ETH gets pumped more will be the gas price. If you check ethgasstation 91 GWEI is the standard gas price right now (as of writing).

Now the narrative of vatalik about high fee has been totally changed it is a big joke while in the beginning they were claiming low transactions fee is good. It is happening because of DEFI and now insane pump of ETH. I also think it will become worse scenario in future when people have to pay more high fee.

Sy

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Quote from: bitcoin_diamond on July 24, 2020, 12:02:08 PM

I sent ethereum payment from my wallet to exchange it gets to blockchain and because of low gas it returned back lol and ethereum has 30 billion market cap lool
Go Cardano kill the nonsense ethereum

It's definitely going to get worst from here because ETH right is pumping like crazy and, higher the ETH gets pumped more will be the gas price. If you check ethgasstation 91 GWEI is the standard gas price right now (as of writing).

terciduk123

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Quote from: contraband on July 26, 2020, 05:03:36 PM

Good discussion here

ETH Testnet finally less than 2 weeks, ETH Dominance 11.5%...Are YOU ready?
https://bitcointalksearch.org/topic/13-eth-dominance-broken-medalla-testnet-live20-mainnet-imminent-5263964

I missed the moment to buy ETH when the ETH price was in the range of $ 100 USD, and now ETH has reached $ 300 USD. if there is a big correction before ETH tesnet maybe it will be the right time to join the party.
does anyone know when ETH tesnet will be released?

ostrogoto2012

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Quote from: jossiel on July 24, 2020, 06:58:07 PM

Quote from: JollyGood on July 24, 2020, 05:19:59 PM

Remember when ETH dropped to $85 in December 2018, who would have thought it would around the $280 mark right now?

I'm a survivor, held ETH during that time, and never sold until it reached $280. I'm planning to hold it a little longer, waiting for better pricing once 2.0 comes.

Quote from: davide72 on July 24, 2020, 02:18:19 PM

I think with eth2.0 we could see price around 400 dollars at least , eth is like more a sleeping giant, now is a good time to buy more.

There could be more of it once it becomes stable, everybody will want ETH to be at staked if it's finally done.

Quote from: Vann on July 24, 2020, 11:22:33 AM

SCAM ALERT:

Just saw this ETH givaway SCAM on a FAKE Fox Business youtube channel featuring a Vitalik Buterin interview live stream.

https://www.youtube.com/watch?v=1u1y1BqeCe0

YouTube has take down videos like this and also those ads that pops up with the scam instruction but, they never take notice for those people that reported it even Steve Wozniak.

So far it is the very few projects that has been able to create something really useful to the whole crypto world, I do not say it to speculate, unfortunately I do not have many eths, the price does not reflect its real value, it is clear that many whales have wanted to keep the price down to accumulate as many eth as possible.

Topic: [ANN] Ethereum: Welcome to the Beginning - page 79. (Read 2006079 times)