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Topic: demands on Ethereum (Read 794 times)

hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
October 15, 2019, 02:49:54 PM
#76
For now Ethereum really has such a big challenge. In 2017 it could be said to be a "Highest" period for Ethereum because in that year all ICO projects or others were very successful at the time of funding and there were not yet many scammers. this period also resulted in a high price increase for ethereum. Until then many people have commented that is quite positive. however, in 2018 - 2019, at the end of this year, ethereum has experienced a decline in popularity due to many failed projects and also nothing new for ethereum for cryptocurrency.
sr. member
Activity: 1876
Merit: 259
October 15, 2019, 02:32:42 PM
#75
before the crypto was determined halal or not Muslims have been in this market for such a long time.
for me while there are more benefits than bad then it's worth using.
as well as crypto which for me has many benefits.
hero member
Activity: 1106
Merit: 527
October 15, 2019, 02:03:29 PM
#74
I read a lot of articles and islami sharia based journal where more details. Yeah, most of the prominent muslim grand mufti say that crypto-currency is halal not only Ethereum. But there are a lot of controversy it’s halal or haram. Some scholars going against cryptocurrency they think it’s totally haram. Definitely this is good impacts for the muslim communities those are involved with crypto space. For this news i don't think ETH price will be grow.           

I am not sure why you have taken religious factors while discussing about the demand of ethereum. Most of the time people will be go towards the best coin with their knowledge only not with the religious facts.
Then I personally prefer to use the ethereum only.
sr. member
Activity: 2226
Merit: 259
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October 15, 2019, 12:19:34 PM
#73
I read a lot of articles and islami sharia based journal where more details. Yeah, most of the prominent muslim grand mufti say that crypto-currency is halal not only Ethereum. But there are a lot of controversy it’s halal or haram. Some scholars going against cryptocurrency they think it’s totally haram. Definitely this is good impacts for the muslim communities those are involved with crypto space. For this news i don't think ETH price will be grow.           
copper member
Activity: 490
Merit: 2
October 15, 2019, 08:48:01 AM
#72
I hardly doubt that it would help ETH to increase its demand or price. Right now all ETH users are waiting for the next update that should see the light at the beginning of 2020 and if ETH 2.0 would not fix things, nothing would.
sr. member
Activity: 782
Merit: 258
Betking.io - Best Bitcoin Casino
October 15, 2019, 07:46:09 AM
#71
Good news can be a demand for ethereum, adding people's interest to buy ETH.
But the Ethereum platform is very heavily used project ICO using its smart-contract.
Hopefully, there is no scam anymore under this platform. It causes bad Ethereum name of the investor image.

Ethereum have opened code, so everyone can use it. The problem of ICO scams was because people have been investing money without verification of project. I hope that now people are more smart and will not put money to scammers pockets.

Today i read that ZCash is moving on Ethereum platform and everyday more projects is talking about ETH as the platform that want use. I have no doubts, that demand will be growing.
sr. member
Activity: 1204
Merit: 253
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October 15, 2019, 07:38:36 AM
#70
Good news can be a demand for ethereum, adding people's interest to buy ETH.
But the Ethereum platform is very heavily used project ICO using its smart-contract.
Hopefully, there is no scam anymore under this platform. It causes bad Ethereum name of the investor image.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
October 09, 2019, 10:01:49 AM
#69
I think the condition of ethereum demand in the market still does not affect the price because the supply of ethereum is very much and demand is not too much so that this problem makes ethereum prices not too influential with demand.
hero member
Activity: 2828
Merit: 611
October 09, 2019, 06:54:47 AM
#68
Prominent Muslim scholars and financial advisors released a white paper declaring Ethereum “halal,” or permissible, according to Islamic Sharia law. The clarity for Muslim purchasers may stimulate additional demand for Ether.
source :
https://cryptoslate.com/ethereum-halal-muslim-scholars-eth-demand

i hope this news will be good for eth price, and make the price grow more than $200 again

This is is great new for Ethereum and can be potentially of huge proportions, considering that "there are 1.8 billion Muslim adherents around the globe this decision could have material ramifications on the demand for ETH."

Hopefully this is true and more people be aware of this news, starting with this post.
Well, it is meant to serve as great news, but we have to look at the proportion of people that where available then when it was declared permissible, if the decision was just between 10 or 50 people, I don’t see in any way this can affect Ethereum value without us still making lots of awareness, it is fine that it has been declared permissible, but there is still lots of works to be done by Ethereum in this area.

Ethereum needs to make their platform very safe and stop scaring people away from the cryptocurrency market. Imagine that after declaring it permissible, a Muslim fellow comes to check it out, and only to find out on news that most of the projects are scam, there is need for reduction in the level of bad news that is being circulated round the internet.
sr. member
Activity: 784
Merit: 282
October 06, 2019, 07:30:17 PM
#67
Prominent Muslim scholars and financial advisors released a white paper declaring Ethereum “halal,” or permissible, according to Islamic Sharia law. The clarity for Muslim purchasers may stimulate additional demand for Ether.
source :
https://cryptoslate.com/ethereum-halal-muslim-scholars-eth-demand

i hope this news will be good for eth price, and make the price grow more than $200 again

This is is great new for Ethereum and can be potentially of huge proportions, considering that "there are 1.8 billion Muslim adherents around the globe this decision could have material ramifications on the demand for ETH."

Hopefully this is true and more people be aware of this news, starting with this post.
full member
Activity: 952
Merit: 104
October 06, 2019, 05:54:30 PM
#66
Prominent Muslim scholars and financial advisors released a white paper declaring Ethereum “halal,” or permissible, according to Islamic Sharia law. The clarity for Muslim purchasers may stimulate additional demand for Ether.
source :
https://cryptoslate.com/ethereum-halal-muslim-scholars-eth-demand

i hope this news will be good for eth price, and make the price grow more than $200 again



Wow is very impressive sounds good, yeah it a hundred percent that isnews can help to the price increase of the etheruem in the market,hoping this thestarting point for the ethereum goes back fronpm their price expensivity.



hero member
Activity: 1030
Merit: 502
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October 06, 2019, 05:43:34 PM
#65
Prominent Muslim scholars and financial advisors released a white paper declaring Ethereum “halal,” or permissible, according to Islamic Sharia law. The clarity for Muslim purchasers may stimulate additional demand for Ether.
source :
https://cryptoslate.com/ethereum-halal-muslim-scholars-eth-demand

i hope this news will be good for eth price, and make the price grow more than $200 again


It's normal that this ridiculous news has no effect on price. because Muslims do not care about such laws. I also know that the majority of Muslims today are not subject to the Sharia law and are against them. That's why it's really unnecessary news
full member
Activity: 1093
Merit: 103
October 06, 2019, 10:35:48 AM
#64
A little good news might add interest in buying ETH by consumers, and also the event that will be held later this month in Osaka, hopefully it can make good news and increase demand for ETH.
but the most important thing is the lack of an ico scam done under ETH that will make the name ETH be good.
a lot of good news seems, but why not offset by an improved market. that is now an obstacle for ETH and other assets to increase its value. Even though there is a lot of good news, it cannot influence the demand that occurs in the market. It seems that it needs something really big to be able to move this market with a large volume.

I have already seen that cryptocurrency prices depend not only on project developers and investors, but also on speculators on exchanges who play their game for their own benefit.  In addition, I very much hope that Ethereum will no longer depend on the price of Bitcoin, which will allow it to independently develop in the cryptocurrency market.
member
Activity: 296
Merit: 10
October 06, 2019, 08:58:36 AM
#63
A little good news might add interest in buying ETH by consumers, and also the event that will be held later this month in Osaka, hopefully it can make good news and increase demand for ETH.
but the most important thing is the lack of an ico scam done under ETH that will make the name ETH be good.
a lot of good news seems, but why not offset by an improved market. that is now an obstacle for ETH and other assets to increase its value. Even though there is a lot of good news, it cannot influence the demand that occurs in the market. It seems that it needs something really big to be able to move this market with a large volume.
sr. member
Activity: 1526
Merit: 251
October 06, 2019, 08:50:39 AM
#62
A little good news might add interest in buying ETH by consumers, and also the event that will be held later this month in Osaka, hopefully it can make good news and increase demand for ETH.
but the most important thing is the lack of an ico scam done under ETH that will make the name ETH be good.
member
Activity: 430
Merit: 10
terra-credit.com
October 06, 2019, 08:20:38 AM
#61
I would never ever consider that the fact that in the Muslim world, Ethereum is the so-called "halal", something that can be dealt with, affects the price of this cryptocurrency. ETH does not depend on it. However, it was curious to learn that Muslim countries think that since Ethereum is the so-called utility token that is used to operate the network, the Sharia laws on currency do not apply to it.
yes, indeed there is no Islamic religious law that binds crypto and moreover about network management I don't think there will be any contradiction at all. unless it's focused on a gambling or trading platform, it might have different influences and perceptions about crypto.
whether it affects the ETH request or not, clearly good news is awaited to increase demand.
full member
Activity: 862
Merit: 100
October 06, 2019, 08:05:59 AM
#60
I don't think that is good news that can make the price of ETH will rise, because even though all Muslims buy Ethereum coins but the price of ETH will not increase, only a few Muslim users understand the world of Crypto so that only a few people understand about Ethereum.
Because Muslims have a lot of money. Perhaps an additional 5 billion dollars will pour into Ethereum. This sum can raise the price of Ethereum several times. We need to hope for a wider user base.

I would never ever consider that the fact that in the Muslim world, Ethereum is the so-called "halal", something that can be dealt with, affects the price of this cryptocurrency. ETH does not depend on it. However, it was curious to learn that Muslim countries think that since Ethereum is the so-called utility token that is used to operate the network, the Sharia laws on currency do not apply to it.
hero member
Activity: 2828
Merit: 518
October 06, 2019, 06:22:01 AM
#59
I don't think that is good news that can make the price of ETH will rise, because even though all Muslims buy Ethereum coins but the price of ETH will not increase, only a few Muslim users understand the world of Crypto so that only a few people understand about Ethereum.
Because Muslims have a lot of money. Perhaps an additional 5 billion dollars will pour into Ethereum. This sum can raise the price of Ethereum several times. We need to hope for a wider user base.
This is not about a lot of money or not from a particular religion, and about the news it will be very possible to attract more large investors from various circles or individuals more broadly. But indeed, with positive news alone it is still not enough for crypto and in this case ethereum to increase its price in the near future, because to make a large increase requires at least a long time and process of many factors until finally the bullish trend occurs.

Well, I hope the very rich muslims are interested to invest in crypto. But it is going to be very hard to convince them. Crypto is very volatile. Ethereum is not a special coin so it is as volatile as the rest. This is a downside and certainly discouraging to them. These very rich muslims are usually building up their massive wealth from their oil business. And compared to crypto, the prices of oil do not just plunge in a matter of hours and very sudden. Crypto is riskier than probably most of their businesses, so this declaration do not necessarily mean a spike in ETH prices. It may bring good though in the long run when crypto is more mainstream than today.
It has to know that some of them won't actually risk their money for a thing that they couldn't get assurance. We are not just pointing particularly to our Muslim's brother cause it also for Christian people. They will live into oil refinery cause there is a big money on there and what it actually they saw is that they could generate more profit than of considering crypto instead.  And I really don't feel it will affect the ETH market demand or any collaboration made since it was in two different things.
sr. member
Activity: 756
Merit: 251
October 06, 2019, 05:59:20 AM
#58
I don't think that is good news that can make the price of ETH will rise, because even though all Muslims buy Ethereum coins but the price of ETH will not increase, only a few Muslim users understand the world of Crypto so that only a few people understand about Ethereum.
Because Muslims have a lot of money. Perhaps an additional 5 billion dollars will pour into Ethereum. This sum can raise the price of Ethereum several times. We need to hope for a wider user base.
This is not about a lot of money or not from a particular religion, and about the news it will be very possible to attract more large investors from various circles or individuals more broadly. But indeed, with positive news alone it is still not enough for crypto and in this case ethereum to increase its price in the near future, because to make a large increase requires at least a long time and process of many factors until finally the bullish trend occurs.

Well, I hope the very rich muslims are interested to invest in crypto. But it is going to be very hard to convince them. Crypto is very volatile. Ethereum is not a special coin so it is as volatile as the rest. This is a downside and certainly discouraging to them. These very rich muslims are usually building up their massive wealth from their oil business. And compared to crypto, the prices of oil do not just plunge in a matter of hours and very sudden. Crypto is riskier than probably most of their businesses, so this declaration do not necessarily mean a spike in ETH prices. It may bring good though in the long run when crypto is more mainstream than today.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
October 05, 2019, 02:59:53 PM
#57
I don't think that is good news that can make the price of ETH will rise, because even though all Muslims buy Ethereum coins but the price of ETH will not increase, only a few Muslim users understand the world of Crypto so that only a few people understand about Ethereum.
Because Muslims have a lot of money. Perhaps an additional 5 billion dollars will pour into Ethereum. This sum can raise the price of Ethereum several times. We need to hope for a wider user base.
This is not about a lot of money or not from a particular religion, and about the news it will be very possible to attract more large investors from various circles or individuals more broadly. But indeed, with positive news alone it is still not enough for crypto and in this case ethereum to increase its price in the near future, because to make a large increase requires at least a long time and process of many factors until finally the bullish trend occurs.
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