ATH for ETH - page 4. | Bitcointalksearch.org

Sebas.tian

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The gas fee attached to Ethereum based transactions is too much and many people I know are beginning to run away from it. Ethereum is popular because it network can also foster crypto-currency transactions and if the fees becomes too much of a problem people may be forced to jettison it. I have a strong feeling in know distance time Ethereum my not be as popular as it is.

Yes, because many coins are preparing to take over the second position among other cryptocurrencies. I think, Ethereum is loosing population because of the high gas fee people are still experiencing in this bearish season which is not encouraging long term investors to continue with Ethereum than to try other coins that their gas fee is too low for investors to make a huge amount of income at the end of their investment. Now that many people are rushing to invest on binance, I think, binance will become second position among other cryptocurrencies in future because their teams are seriously working to make their customers enjoy a massive income from their investments in the future.

Argoo

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Quote from: tvplus006 on July 30, 2022, 05:34:36 AM

Quote from: babygun on July 30, 2022, 03:59:24 AM

...I doubt that we will see a new ATH for ETH with the merge as the price needs to more than double for that.

Nothing is impossible in the cryptocurrency market) And if we previously saw how the price of ETH decreased by 3 times, then why can't it increase by the same value? Ethereum after the upgrade will significantly increase throughput and scalability, which will allow you to abandon most of the L2 solutions, which will undoubtedly attract more users to this blockchain. The main thing is that this update should not be postponed to a later date.

Of course, after a successful merger on the Ethereum mainnet, there will be some price gains for this coin. But it cannot be expected that this will happen quickly and in a short period. A good price effect can only be linked to a general rise in prices in the market. We see that in recent weeks, the price of ethereum has risen quite well even in comparison with bitcoin. Therefore, there will be a positive effect from the successful completion of the ETH refresh, but it is unlikely to lead to a quick new ATH.

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Quote from: isaac_clarke22 on August 01, 2022, 05:45:11 PM

Well it is ETH. Let's see first in Bitcoin. I have not seen Bitcoin breaching past 25k just yet, but hey let's see where it goes in the next couple of weeks.
Pretty sure that whales are just taking their sweet time grabbing all the bags as much as possible since many could have been selling at this point either from panic selling or due to being newb.

In recent weeks the growth of ethereum is felt high above bitcoin. Being the leader to the altcoins network it have got its importance same as that we've got bitcoin. There is no big selling taking place with ethereum. Recently more investors moved from bitcoin to ethereum that pumped the price of ethereum. The highest price prediction in recent days on ethereum is $12k+ and according to me this could happen when price of bitcoin pass $100k

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Quote from: MrDave on July 30, 2022, 01:51:26 AM

As all are speculating the merge for ETH, are we gonna see ATH for ETH in the crypto market? Thoughts?

Of course, it was possible but probably not because of the merge, it is Bitcoin does the market uplift bring altcoins including ETH. In fact, this is a common scenario that we have seen even before and never I see any reason/s that could make ETH pumps separately without seeing Bitcoin also.
Yet, this possibly happens after halving, and certainly no doubt about it.

Well, anyways, the market is moving upward, however, that was not yet an indication of the bullish run but at least we know that there is still a big chance to see the market growing.

isaac_clarke22

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Well it is ETH. Let's see first in Bitcoin. I have not seen Bitcoin breaching past 25k just yet, but hey let's see where it goes in the next couple of weeks.
Pretty sure that whales are just taking their sweet time grabbing all the bags as much as possible since many could have been selling at this point either from panic selling or due to being newb.

Psynthax

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eth merge will have less significant influence against the current value, even honestly the rumour usually drive the value and once the merge actually realized the value usually become stagnant.
these kind of events has happened quite frequently in the past and usually the end result is the same, moreover btc is still stuck, so is ETH considering how much influence btc has.

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Quote from: JayTrain on August 01, 2022, 11:35:44 AM

I think the new ATH will be closer to the release of the transition of the ETH network to POS, this will give positive dynamics in the market, because many are waiting for this, how many times developers have already postponed the transition date...for example, I have not used the ETH network for a very long time because of my higher commissions, and when switching to POS, most users will be only too happy to use this network and of course due to demand, the price of ETH will grow.

The preliminary date of Ethereum's transition to the Proof-of-Stake algorithm is set for September 19, 2022 - https://twitter.com/superphiz/status/1547643255335968771. And I am sure that your expectations to see ATH before this date will not be fulfilled.

Dragonfund

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I think the merge is going to have a big effect on the crypto space, the community and the ecosystem because there is going to be big changes in something like the transaction speed and the consensus mechanism in which the transaction is been processed and the big players who are running the proof of work may cause the price to reduce because many of them are going to sell.
We are going to see a new ATH but maybe in the new coming bull run, what we are going to see is going to be a short time increase in price and who knows what will happen that day, I pray the network does not go off and disappoint people.

JayTrain

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I think the new ATH will be closer to the release of the transition of the ETH network to POS, this will give positive dynamics in the market, because many are waiting for this, how many times developers have already postponed the transition date...for example, I have not used the ETH network for a very long time because of my higher commissions, and when switching to POS, most users will be only too happy to use this network and of course due to demand, the price of ETH will grow.

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Quote from: DoublerHunter on July 30, 2022, 04:58:19 PM

Quote from: MrDave on July 30, 2022, 01:51:26 AM

As all are speculating the merge for ETH, are we gonna see ATH for ETH in the crypto market? Thoughts?

As we know that the ETH price was relying now upon the BTC price, if there is BTC ATH, of course, there is also a new ATH of ETH.
ETH is one of the biggest networks that have many projects relying upon them so possible this will have a big impact on the market and for sure will create a new ATH. However, it need patience because there is no accurate time when it will happen.

Seeing the progress of the ecosystem built in the ETH project is getting bigger every year, I have no doubt that ethereum can touch ATH again, although getting there may take a little longer but most likely when the next bullrun comes it will make ETH price movements experienced a significant increase because basically so far ETH has proven to be one of the coins that has strong potential.

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Nah, it's like 3x from current prices, BTC at $20k and alt grow that much? Don't see it happening.

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The gas fee attached to Ethereum based transactions is too much and many people I know are beginning to run away from it. Ethereum is popular because it network can also foster crypto-currency transactions and if the fees becomes too much of a problem people may be forced to jettison it. I have a strong feeling in know distance time Ethereum my not be as popular as it is.

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Quote from: Dewi89 on July 30, 2022, 03:23:22 PM

Quote from: smartaction on July 30, 2022, 11:10:54 AM

How do you think that ETH next ATH will be $10k? ETH is a good altcoin it is true and i also believe Ethereum will do something better in the future. But that doesn't seem to happen very soon. You are holding eth so you are very bullish on eth. But the reality is that it will take at least 5 years for ETH to reach $10k. maybe next ATH for Ethereum is $5k

Of course, the target of $10k is very realistic to reach ATH in the future because now the ETH network has resolved the complaint of high gas fees and we just have to wait for the time for the market to go up, from my analysis ETH includes the highest recovery reaching $2k, so it's an early indication about the next ATH.

it is possible that the target of $10k to achieve ATH on Ethereum can be achieved but it is also possible that it will fail to reach the targeted ATH of $10k.
because the upcoming crypto cycle and the price of bitcoin also greatly affect price movements in other crypto assets, Ethereum is no exception.
if the bitcoin price decreases in the future, the market will experience a price decline and it will definitely make investors and traders hesitate to buy Ethereum, it will be very difficult for Ethereum to reach the ATH that has been targeted.

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Quote from: fuguebtc on July 31, 2022, 09:54:26 AM

Quote from: MrDave on July 30, 2022, 01:51:26 AM

As all are speculating the merge for ETH, are we gonna see ATH for ETH in the crypto market? Thoughts?

Are you referring to the new ATH?, ETH's previous ATH was $4700 and currently ETH is trading at $1700, which is less than half of its previous ATH. It will be a very difficult task for ETH to reach a new ATH above the old ATH. Merge for ETH is the biggest and most anticipated event for the ethereum network but that doesn't mean there will be a big push to help ETH reach a new ATH, unless bitcoin and the entire market enter a bull cycle.

I have to agree with you. In terms of price, it is already baked in. We are all waiting for the ETH pump on merge day. The hype surrounding Ethereum 2.0 is expected to surge back to new all-time highs, according to a leading analyst! Could it be that those staked coins will dump right away after spending years stuck on the market? I wonder if Bitcoin would be pumped as well?

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Quote from: MrDave on July 30, 2022, 01:51:26 AM

As all are speculating the merge for ETH, are we gonna see ATH for ETH in the crypto market? Thoughts?

Are you referring to the new ATH?, ETH's previous ATH was $4700 and currently ETH is trading at $1700, which is less than half of its previous ATH. It will be a very difficult task for ETH to reach a new ATH above the old ATH. Merge for ETH is the biggest and most anticipated event for the ethereum network but that doesn't mean there will be a big push to help ETH reach a new ATH, unless bitcoin and the entire market enter a bull cycle.

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Quote from: LastKiss on July 31, 2022, 05:37:16 AM

Quote from: MrDave on July 30, 2022, 01:51:26 AM

As all are speculating the merge for ETH, are we gonna see ATH for ETH in the crypto market? Thoughts?

Not this year I guess, because the market condition is still very uncertain and many FUD out there. Many people still feel their losses from what they invest when the crypto prices are in their prime. Just prepare your capital when the right time comes then you can use it as you want.

Only those who sell their ETH at cheap prices lose their money, many holders are still holding it strong...
Moreover, it was not the FUD stops the market to grow, FED and the conflict between Russia and Ukraine gives some influence, plus the economic crisis. ATH for ETH will certainly come but that only happens when the market is in bullish again. Think about 3-4 years from when halving arrives. Ohh, patience is really important.

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Quote from: MrDave on July 30, 2022, 01:51:26 AM

As all are speculating the merge for ETH, are we gonna see ATH for ETH in the crypto market? Thoughts?

Not this year I guess, because the market condition is still very uncertain and many FUD out there. Many people still feel their losses from what they invest when the crypto prices are in their prime. Just prepare your capital when the right time comes then you can use it as you want.

zasad@

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Nobody knows when the market will take bullish turn but if it's going to happen then we might see a new ath not only in eth even in many altcoins nevertheless I think it may take time to recover crypto currency market and we can't expect another ath of eth without a massive bullish market conditions but according to my estimate Ethereum is very capable crypto currency to make another ath.

One economist once said a brilliant thing: "If the Fed prints money, then the markets go up, if the Fed raises the refinancing rate, then the markets go down."
I think this is a temporary false growth, and then there will be a big haircut of the longists.

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Many people believe that eth will continue to be a successful project, and I have no doubt about that. But no one knows what will happen to it after it becomes unprofitable for miners to mine it. History tells us, that all POS coins lose their value like any other coin, but here it is profitable only for big holders. So maybe this ATH was the last one.

Agree. I am not sure if there will be a new ATH for ETH after this merge, but there will be a strong Fomo wave pulling ETH up and we will wait and see if ETH can break the old ATH. Personally, I also feel worried for the future of ETH after it becomes POS, I feel sorry that ETH has switched to POS completely and is no longer a decentralized altcoin. Once decentralization is lost, ETH will suffer the same fate as the rest of altcoins, which are no longer so special.

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Quote from: babygun on July 30, 2022, 03:59:24 AM

Quote from: sunsilk on July 30, 2022, 03:26:55 AM

One analysis I've read, it says maybe we'll get something like a pump for the short term. He said that for short term he's bullish but these effects would still have to go into balancing eventually.

But with such news and everything that seems to be positive for ETH, I'm bullish on it and whether it'll be back to its former ATH. Then, that's good to hear and see but I'm optimistic with the upcoming merge and its effect to the entire eth network.

Most of the times when coins release something big or do a merge, you always see big pump in the days before the event also. After a while, the effect fades away and the price drops to a lower level, but still higher than before.

Yes.

It's always the news that buys out and that's common in the market because that's when the pump really starts. And when it's done, we'll see the drop starts to come eventually.

Quote from: babygun on July 30, 2022, 03:59:24 AM

I doubt that we will see a new ATH for ETH with the merge as the price needs to more than double for that.

Well, it still follows bitcoins move. So the likely of seeing the price of ETH goes on another ATH really depends on the market's behaviour and as well as bitcoins.

Maybe not now but when we're back in bulls again, we will.

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