demands on Ethereum - page 3. | Bitcointalksearch.org

ene1980

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Quote from: Kang TB on August 29, 2019, 09:32:02 PM

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

I am not sure what is a Muslim scholar, what does he know about technology and finance. If he is talking about some made up history and fiction then i can very well understand he is an expert on that but nothing can change a financial market, i am not even sure how religion works but if people need his approval to invest into something then it is the call of the investor. I do not see any change in ETH as the prime days of it are over.

semobo

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Quote from: Kang TB on August 29, 2019, 09:32:02 PM

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

People who knew about cryptos already knows that its acceptable in Islam so it is not going to increase any demand unless he have lot of people to get inspired from him as non crypto investor until.

But why only to ethereum? All cryptos are prohibited! Huh

Mr. Art

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Quote from: RBF on August 31, 2019, 06:28:32 PM

This is really good news. Many of my friends Don't support a lot of cryptocurrencies because those are haram according to the Islamic Shariah, like the VERGE coin. There was confusion about Ethereum too! So, by this notice, many people will buy Ethereum for sure and that can help in increasing the price!

maybe the impact will not huge mate
because the conditions on crypto market still on consolidations
but, if the news coming in the bull market, i believe eth price will fly Wink

Febo

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Quote from: Kang TB on August 29, 2019, 09:32:02 PM

Prominent Muslim scholars ...

I dont believe you can put scholars and religion in the same sentence. Are thsi teh same scholars that dont believe in evolution? The same that believe that world was build in 7 days? LOL Let them first figure those two things out and leave block chains for others to judge.

TomArayaSlaya

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I really doubt its going to have much of an effect there considering that other factors like country nature of the market now Maybe if market improves but still its not going to make that much impact

disconnectme

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Do you think some Muslims didn't buy into Ehereum because is against Sharia law or what. I believe thre are some Ethereum developers that are Muslim, this won't be a driver for Ethereum. The demand for Ethereum will come when the scaling issue is resolved and we have a killer Dapps launched on it

didzi

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Quote from: Kang TB on August 29, 2019, 09:32:02 PM

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 news will not give a lot of impact on eth price
but you don't have to be worry, a lot of good news will coming on ethereum in the near time
and i believe ethereum will grow more than $200 mate

arjuna BTC

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Quote from: Kang TB on August 29, 2019, 09:32:02 PM

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

seems that news can't make the price of ethereum rising in good movements my friend
the demands is not huge enough to push the price up,,
i think we should wait a little bit longer, for the next waves on eth buddy

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Quote from: Kang TB on August 29, 2019, 09:32:02 PM

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

Are those prominent scholars and financial advisers are enough to justify to all Muslims about that declaration of ethereum being “Halal”because I believe that this is a big points for the number 2 ranking currency to have another good sets of investors if this issue will be respected by the whole Muslim community worldwide specially those Muslims that has second thoughts about the legitimacy of crypto currencies.anyway Looking forward to the effect of this if they are growth in the next months for ETH

fudster

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I really though "halal" only applies to food they are allowed to eat which is related to Islam. I don't think they need to declare anything to be "halal" inorder for them to invest to this digital currency because its online product anyway. They could just distinguish ETHER as investment like gold which are a lot in middle east. Anyway, if it can add the demands then be it, wish will help the price moon.

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Quote from: Zemomtum on September 02, 2019, 06:15:36 AM

This might have positive reaction to digital currencies and not ETH alone but it might not necessary make the price change upward as Bitcoin is still deeping down, ETH always follow suite, so market might not necessarily react to this

things haven't fully improved, only a few small movements occur. but what we hope for is that ETH or BTC does experience better growth. ETH demand may improve, but when BTC is also in a cheap price, demand for BTC can quickly increase.

sheba

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I guess by educating us first with what adheres on Sharia law that they wanted to adapt Ethereum that will be clearer to us by opening this thread. How can it affect the demand of Ethereum right now? Few days has already passed after that article yet the Ethereum price is at that same level as it was.

Distinctin

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Even without this news, it's easy to expect ETH to reach $200 again as we have already reach that this year and the price is just close to $200.
Now that Bitcoin is starting to look good going uptrend, I think when BTC will get back to $10,000 range, we can expect ETH to again trade at $200.

It's just a matter of time, Bitcoin drop but now again starting to climb back and this is a good sign as bearish people expected BTC to continue falling down to below $9K. This year was a struggle for ETH as it's one of the top altcoins that hasn't shown a good recovery rate yet.

Zemomtum

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This might have positive reaction to digital currencies and not ETH alone but it might not necessary make the price change upward as Bitcoin is still deeping down, ETH always follow suite, so market might not necessarily react to this

guoyu78

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Quote from: Kang TB on August 29, 2019, 09:32:02 PM

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

I am sorry to say, the declaration of support for ethereum will only make ethereum more subjected to the use of it for fraudulent acts, especially the extremist of Islam, at least those people will want to know what ethereum is now and may think of using it to launder money, the things is that it may create demand for ethereum, but the price of ethereum will still never stabilize because whether money that comes as a result of this declaration will simply just be a touch and go money.

As in money that will enter the market now and then leave immediately without the third party even living 1 cent in it, so of what use is this news to me, it still would not encourage the government about cryptocurrency and for them to legalize and regulate it.

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from ethereum trading volume it has the possibility that the demand from ethereum has weakened, maybe this also has no good news anymore that could lure investors or whales to buy ethereum.

rose9696

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This is definitely very good news for ethereum.
with a large and influential organization in addition to a well-known Islamic financial advisor, I think their organization will soon spread the news about ethereum soon and create a great source of ETH buying.

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Quote from: DU18 on August 30, 2019, 11:13:38 AM

Quote from: caffu chino on August 30, 2019, 10:56:54 AM

Even though this is good news, I don't think it will have a big impact on ethereum prices. with this news possible for Muslims, ethereum is considered halal. but for those on the trader, ethereum is still in the red zone and it's not good to buy.

If it is really like what is published of course this is very good news for Muslims like us, because, in the last few months it often happens between halal and forbidden laws against altcoin both ethereum and others, I hope with news like this, it will reduce the negative assessment by lay people who often asses' crypto in Islamic forbidden.

There is even a mosque where you can donate with crypto. I donated a small amount with Ethereum, but you can also donate with Bitcoin. The mosque is located in the UK.

laredo7mm

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the trend of ethereum in Q2-Q3 2019 has experienced a lot of decline even due to the IEO The performance of ethereum does not have much impact on price increases. and also the continuing price decline is actually a pretty good thing for ethereum

RBF

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This is really good news. Many of my friends Don't support a lot of cryptocurrencies because those are haram according to the Islamic Shariah, like the VERGE coin. There was confusion about Ethereum too! So, by this notice, many people will buy Ethereum for sure and that can help in increasing the price!

Topic: demands on Ethereum - page 3. (Read 795 times)