Eth 2.0 Impact on Eth - page 3. | Bitcointalksearch.org

DrearyUrbanite

sr. member

Activity: 756

Merit: 250

Quote from: VanDeinsberg12 on May 23, 2021, 02:33:44 AM

Quote from: DrearyUrbanite on May 22, 2021, 07:37:59 PM

Quote from: ?? on ??

Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Its not cause the eth 1.0 down. I think whrn ethereum 2.0 seems to be launch erlier it must goes up in price, because it will caused developer/company who build dapps on ethereum move back to ethereum from BNB network. It cause the fees going high again because of network congestion

I have no idea what it will do to the price as people don't seem to care about the transaction fees anyway if you look at the GWEI price that is insane. ETH 2.0 was supposed to reduce the transaction fees and I hope it does significantly as this is really a bad situation and not sustainable for any application being built for Ethereum.

People do care about fee more specifically the dapps since the more code executed means the more gas you need to pay and it's affect really a lot, you can see also that now many dexes that moving to bsc attract so many people to also move to bsc primarily when it requires $100 to just swapping coin

eth 2.0 im sure gonna make eth blockchain populated with people again, like it or not the fact that a chain like bsc has so many shitcoins created there means they are populated enough.

We can only hope that the incentives for dapp builders will be in such a way that they only build dapps which make sense and not some senseless stuff that is just good to flood the network and produce congestion. It is annoying to see where the costs are at for now.

int03h

full member

Activity: 532

Merit: 104

I was very confused when reading the content of this thread. Let me explain to you as follows: ETH 2.0 is an upgraded version of ETH 1.0 technology so it is still just ETH and no Fork happens.
So the price increase or decrease will take place directly on ETH. Price decrease or increase will depend on the success of the upgrade to ETH 2.0

Desscount

full member

Activity: 1386

Merit: 101

ComboLabs

Quote from: ?? on ??

Quote from: Ararbermas on May 13, 2021, 01:13:57 PM

Quote from: Fivestar4everMVP on May 11, 2021, 07:38:04 AM

So for me, I think the release of eth 2.0 should rather cause eth to highly increase in value rather than come crashing, the release of eth 2.0 will be the best news for Ethereum supporters and users.

i hope when they deployed eth 2.0 it increase the price but not the fees again.. Because it will be the biggest nightmares for like us that keep hodling some ethereum in our wallet wherein just to prevent spending too much gas and still hoping a changes for this upcoming new update. Actually someone says it will be the best news when eth make updates.

I hope so because it seems like your paying too much even just a small amount of transaction wherein very unacceptable actually, especially like us that just hodling a small amount of ethereum. If it getting worse before that update we're stuck forever honestly..

In my opinion, if ETH 2.0 is officially released, the effect will not only make the price of Ethereum go up very high. However, it makes gas fees
go down, which is the biggest problem for Ethereum platform users right now is a very high gas fee. Hopefully my guess will come true, because
if the emergence of ETH 2.0 cannot reduce gas fees, Ethereum can be increasingly abandoned by its users.

Indeed, the problem so far is the high transaction costs as you say,
and I hope the transaction fee can go down soon and I think that's what everyone hopes,
but if in fact the transaction costs are still high I don't think people will be that easy to leave ethereum

VanDeinsberg12

hero member

Activity: 1540

Merit: 507

Quote from: DrearyUrbanite on May 22, 2021, 07:37:59 PM

Quote from: ?? on ??

Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Its not cause the eth 1.0 down. I think whrn ethereum 2.0 seems to be launch erlier it must goes up in price, because it will caused developer/company who build dapps on ethereum move back to ethereum from BNB network. It cause the fees going high again because of network congestion

I have no idea what it will do to the price as people don't seem to care about the transaction fees anyway if you look at the GWEI price that is insane. ETH 2.0 was supposed to reduce the transaction fees and I hope it does significantly as this is really a bad situation and not sustainable for any application being built for Ethereum.

People do care about fee more specifically the dapps since the more code executed means the more gas you need to pay and it's affect really a lot, you can see also that now many dexes that moving to bsc attract so many people to also move to bsc primarily when it requires $100 to just swapping coin

eth 2.0 im sure gonna make eth blockchain populated with people again, like it or not the fact that a chain like bsc has so many shitcoins created there means they are populated enough.

husnija

member

Activity: 168

Merit: 10

Quote from: DrearyUrbanite on May 22, 2021, 07:37:59 PM

Quote from: ?? on ??

Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Its not cause the eth 1.0 down. I think whrn ethereum 2.0 seems to be launch erlier it must goes up in price, because it will caused developer/company who build dapps on ethereum move back to ethereum from BNB network. It cause the fees going high again because of network congestion

I have no idea what it will do to the price as people don't seem to care about the transaction fees anyway if you look at the GWEI price that is insane. ETH 2.0 was supposed to reduce the transaction fees and I hope it does significantly as this is really a bad situation and not sustainable for any application being built for Ethereum.

they seem to be looking for a solution for it and need several stages in the implementation for the system to be more perfect
This is still an early stage and it hasn't been disappointing, we'll see how big the impact will be

DrearyUrbanite

sr. member

Activity: 756

Merit: 250

Quote from: ?? on ??

Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Its not cause the eth 1.0 down. I think whrn ethereum 2.0 seems to be launch erlier it must goes up in price, because it will caused developer/company who build dapps on ethereum move back to ethereum from BNB network. It cause the fees going high again because of network congestion

I have no idea what it will do to the price as people don't seem to care about the transaction fees anyway if you look at the GWEI price that is insane. ETH 2.0 was supposed to reduce the transaction fees and I hope it does significantly as this is really a bad situation and not sustainable for any application being built for Ethereum.

Ararbermas

sr. member

Activity: 1988

Merit: 283

Quote from: Fivestar4everMVP on May 11, 2021, 07:38:04 AM

So for me, I think the release of eth 2.0 should rather cause eth to highly increase in value rather than come crashing, the release of eth 2.0 will be the best news for Ethereum supporters and users.

i hope when they deployed eth 2.0 it increase the price but not the fees again.. Because it will be the biggest nightmares for like us that keep hodling some ethereum in our wallet wherein just to prevent spending too much gas and still hoping a changes for this upcoming new update. Actually someone says it will be the best news when eth make updates.

I hope so because it seems like your paying too much even just a small amount of transaction wherein very unacceptable actually, especially like us that just hodling a small amount of ethereum. If it getting worse before that update we're stuck forever honestly..

LibertyShire

newbie

Activity: 22

Merit: 0

Then learn to listen to everything from people, work hard to learn from those who have gone before, and this market information is also very sought-after. Here people will help you with a generous attitude, I just want to advise you to be patient for learning.

That's why i posted this issue on this forum !!!!

bayudndy

full member

Activity: 823

Merit: 104

Quote from: LibertyShire on May 12, 2021, 02:56:53 AM

That's why i asked this question, not everyone can track all technical attributes of all altcoins.

Then learn to listen to everything from people, work hard to learn from those who have gone before, and this market information is also very sought-after. Here people will help you with a generous attitude, I just want to advise you to be patient for learning.

Roidz

sr. member

Activity: 1386

Merit: 250

1XBit.com

Quote from: jesselui on May 12, 2021, 06:26:09 AM

No. Ethereum 2.0 is a development to support ethereum. I don't think it will hurt. On the contrary, the price of ethereum will increase in my opinion, as it is a development that will help reduce the excessive wages.

With the existence of ethereum 2.0 it will certainly make ethereum better in every way and of course the influence of ethereum 2.0 will have a positive impact on eth 1.0, because basically ethereum 2.0 has a staking mechanism so that when the staking process starts it means the user allocates eth to the contract address eth 2.0, and if the popularity of staking grows and develops properly it can certainly produce stable results with relatively low risk, this will cause the circulating eth supply to decline sharply and automatically with a limited supply will certainly make ethereum prices increase rapidly as it is today .

Argoo

full member

Activity: 2296

Merit: 225

#SWGT PRE-SALE IS LIVE

Quote from: jesselui on May 12, 2021, 06:26:09 AM

No. Ethereum 2.0 is a development to support ethereum. I don't think it will hurt. On the contrary, the price of ethereum will increase in my opinion, as it is a development that will help reduce the excessive wages.

Renowned trader Ben Armstrong predicts an increase in the ethereum price by mid-June to $ 5,000, by the end of August to $ 10,000 and by the end of the year to $ 27,000. At the same time, he said that he would shave his head if the price of ethereum by the end of the year does not reach $ 10,000. Of course, this is a less traumatic promise than the famous promise of John McAfee that the price of bitcoin will rise to a million dollars, but Ben Armstrong's hair seems to be very dear to him.
Well, $ 27,000 ethereum may not reach $ 10,000 by the end of this year, however, I hope it can go up to $ 10,000.
Ben Armstrong interview link https://cryptonews.net/en/622920/

jesselui

full member

Activity: 854

Merit: 109

Trident Protocol | Simple «buy-hold-earn» system!

No. Ethereum 2.0 is a development to support ethereum. I don't think it will hurt. On the contrary, the price of ethereum will increase in my opinion, as it is a development that will help reduce the excessive wages.

Smitty Werben Man Jensen

full member

Activity: 1568

Merit: 100

COMBONetwork

Quote from: husencoe on May 11, 2021, 11:25:19 PM

As said above, this upgrade is not for creating a new coin like ETC, but a major update to the ETH system. We know that there are some big problems with ETH today such as huge transaction fees. I hope that with this renewal ETH will be even better and can solve current problems, especially the transaction price can become friendly.

Indeed, with the release of ethereum 2.0 I really hope that transaction costs can be reduced because so far in my opinion it is very large,
hopefully this can be heard by his team and can be resolved soon,
because many people also complain about the large transaction fees

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

No thats not how it goes mate, Ethereum was just being Boosted by having 2.0 version meaning the progressive action of developer added this for the goodness of the platform and the network and not for competition or anything in related.

Quote from: LibertyShire on May 12, 2021, 02:56:53 AM

"You're making fun of yourself, it's okay you're a real novice, and you should learn more about it than time and money for things you don't understand."

Well that's why there is a Forum like Bitcointalk.org and there are accounts like us that will help enlightening you.

Quote

That's why i asked this question, not everyone can track all technical attributes of all altcoins.

Don't be hard on them Mate, they are just not aware of your understanding so best to use those answers for your own benefits.

LibertyShire

newbie

Activity: 22

Merit: 0

"You're making fun of yourself, it's okay you're a real novice, and you should learn more about it than time and money for things you don't understand."

That's why i asked this question, not everyone can track all technical attributes of all altcoins.

bayudndy

full member

Activity: 823

Merit: 104

Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

You're making fun of yourself, it's okay you're a real novice, and you should learn more about it than time and money for things you don't understand.

husencoe

full member

Activity: 658

Merit: 100

As said above, this upgrade is not for creating a new coin like ETC, but a major update to the ETH system. We know that there are some big problems with ETH today such as huge transaction fees. I hope that with this renewal ETH will be even better and can solve current problems, especially the transaction price can become friendly.

Scripture

full member

Activity: 1303

Merit: 128

Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

This is just an update mate, and on what stage we are now on this update? Since it looks like it slowly adopting by many and the price reacts on this one. Though some problem are still pending to be solve especially the fees of transacting on this network, I hope before the end of this update, they come up into a good solution and make the ETH network cheaper again.

DrearyUrbanite

sr. member

Activity: 756

Merit: 250

Quote from: Fivestar4everMVP on May 11, 2021, 07:38:04 AM

Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Just like the first poster already said, you misunderstood the whole thing, eth 2.0 isn't a new eth coin, there will never be two different eth coins in the market except some scammers or some hungry developers make a clone, the much awaited eth 2.0 is just a major upgrade that will be applied to the current Ethereum network to help scale it further so as to help bring down the high cost of transaction fees which have been a major problem if the blockchain is last year, it will also be moving Ethereum from being a pow coin to POS, this means that Ethereum can no longer be mined but staked.
So for me, I think the release of eth 2.0 should rather cause eth to highly increase in value rather than come crashing, the release of eth 2.0 will be the best news for Ethereum supporters and users.

We sort of do have two ETH coins which is the fork in the form of ETC. Or not exactly two ETH but that is a possibility that another fork might happen as soon as a group of ETH holders isn't satisfied with certain rule changes or the roadmap. The ETH 2.0 release has been delayed? Wasn't it supposed to be live already?

disconnectme

hero member

Activity: 1876

Merit: 512

There are no two Ethers, it is just like Uniswap launching new platform, the tokens are still the same, you lock your Ethereum into a contract and the new chain gives you your Ethereum when 2.0 upgrade is done. As for price speculation, I think the price will dump after the forth coming hard fork, the coming upgrade has been priced into the current price action

Topic: Eth 2.0 Impact on Eth - page 3. (Read 554 times)