Topic: ETH 2.0 will cause FOMO or FUD? (Read 434 times)
looking at ETH price performance that continues to decline, I'm sure ETH 2.0 will make the price increase again
It should be fomo and no fud, ethereum 2.0 presents an opportunity to investors to now earn passive income holding about 32 eth. I'm anticipating a gradual increase in price up until 2020.
If there is a FOMO, it's not gonna be a gradual increase as most likely when there is FOMO, price would be overvalued and correction is expected to happen. Let's see if the release would be successful and if supporters are satisfied, then maybe that would help a lot for ETH to be back on its good price.
I don't want to expect a lot, but since this is a big development, FOMO at the start is expected but after the launch, that's where price will start to dump then become stable.
I think this is exactly what Bitbond if offering for 1 year and majority of the STO projects that I have seen which is why they are not popular till date. This is not something so big that will cause fomo really because it makes no sense to me and will not make sense that much to people. They should work as Binance is working and come up with real products as an upgrade not some sort of rewards that they might not even be able to sustain.
I don’t know about FOMO, but FUD will definitely not.The platform moves to another stage of its development,respectively, that investors and ordinary users from this will only be better.
Some of my friends has mining farms for ETH exploration. Today they have $0.71 per day on the 1080ti. I think they definitely will have FUD because of PoS for ETH 2.0. I have no doubts such miners will find alternatives but ...If that so, miners will take their chances to generate profit aside from relying on ETH alone. Such upcoming ETH development will surely create changes in the entire market and those people who are holding ETH might fall into FOMO.
I don’t know about FOMO, but FUD will definitely not.The platform moves to another stage of its development,respectively, that investors and ordinary users from this will only be better.
In short, this is an upgrade of the current ETH system, this should create a buzz in the crypto market knowing ETH is the king of all altcoins. This is gonna create some hype, but not a FOMO as I believe FOMO only happens when the market is healthy.
I don’t know about FOMO, but FUD will definitely not.The platform moves to another stage of its development,respectively, that investors and ordinary users from this will only be better.
Some of my friends has mining farms for ETH exploration. Today they have $0.71 per day on the 1080ti. I think they definitely will have FUD because of PoS for ETH 2.0. I have no doubts such miners will find alternatives but ... It should be fomo and no fud, ethereum 2.0 presents an opportunity to investors to now earn passive income holding about 32 eth. I'm anticipating a gradual increase in price up until 2020.
So far we can see what is happening with ETH price. It went all the way down to $90 again, and then managed to climb back to $330 or so but now, we are back below $200. To me, this means FOMO worked, but only for a while. And now people are seeing how slow and how vague ETH 2.0 is becoming, they are slowly selling again.
But do not worry,,, this is all good news to collect more ETH.
I don't think the rise from $90 to $330 had anything to do with 2.0 ... the event was too far out to cause FOMO. I think it was just regular market recovery. When it gets closer to 2.0, we'll find out if FOMO kicks in or not. It'd probably help if the ETH team announced a firm date.
I don’t know about FOMO, but FUD will definitely not.The platform moves to another stage of its development,respectively, that investors and ordinary users from this will only be better.
It should be fomo and no fud, ethereum 2.0 presents an opportunity to investors to now earn passive income holding about 32 eth. I'm anticipating a gradual increase in price up until 2020.
So far we can see what is happening with ETH price. It went all the way down to $90 again, and then managed to climb back to $330 or so but now, we are back below $200. To me, this means FOMO worked, but only for a while. And now people are seeing how slow and how vague ETH 2.0 is becoming, they are slowly selling again.
But do not worry,,, this is all good news to collect more ETH.
It should be fomo and no fud, ethereum 2.0 presents an opportunity to investors to now earn passive income holding about 32 eth. I'm anticipating a gradual increase in price up until 2020.
If there is a FOMO, it's not gonna be a gradual increase as most likely when there is FOMO, price would be overvalued and correction is expected to happen. Let's see if the release would be successful and if supporters are satisfied, then maybe that would help a lot for ETH to be back on its good price.
I don't want to expect a lot, but since this is a big development, FOMO at the start is expected but after the launch, that's where price will start to dump then become stable.
We have seen so many projects in the past that before the actual release of the touted new version, there's a lot of FOMO going on causing a massive spike in the price because everyone wanted to join the bandwagon. However, after that the price heavily went down, so I don't want that to happen to ETH, I would rather see a organic pump and not artificial because it will just do more harm in the end.
It should be fomo and no fud, ethereum 2.0 presents an opportunity to investors to now earn passive income holding about 32 eth. I'm anticipating a gradual increase in price up until 2020.
If there is a FOMO, it's not gonna be a gradual increase as most likely when there is FOMO, price would be overvalued and correction is expected to happen. Let's see if the release would be successful and if supporters are satisfied, then maybe that would help a lot for ETH to be back on its good price.
I don't want to expect a lot, but since this is a big development, FOMO at the start is expected but after the launch, that's where price will start to dump then become stable.
I think way too much is made of this idea of passive income. What good is a 5% (or whatever amount they come up with) reward in something so volatile? I mean, look at coins like Dash and others... 5%+ reward is fine if a price is stable or rising, but in an investment that can lose 90% of its value? I mean, why bother? If someone wants 5% interest, just put the money into some junk bonds, which are considered risky as far as bonds go, but are a zillion times safer than any crypto. Or put the money into stocks, or real estate, or lots of other things.
Not that I think ETH may not get a pump from 2.0, it just seems weird to me to think passive income would be the reason.
If we will compare ETH and fiat payments we never will accumulate any alts. While simple investors don't have a possibility to wide coin application then they will not use anything for using.Not that I think ETH may not get a pump from 2.0, it just seems weird to me to think passive income would be the reason.
With +5% per year, it's a poor income system, I agree. If we tell about investors and traders 5% is too small.
Imho ETH 2.0 will cause nothing. Update and some speculation
I think that people will want to secure a passive income. They will slowly start buying Ethereum until they have 32 Ethers. After that Ethereum will be bought only for paying fees on this network, not as an investment, so consider it.
I think way too much is made of this idea of passive income. What good is a 5% (or whatever amount they come up with) reward in something so volatile? I mean, look at coins like Dash and others... 5%+ reward is fine if a price is stable or rising, but in an investment that can lose 90% of its value? I mean, why bother? If someone wants 5% interest, just put the money into some junk bonds, which are considered risky as far as bonds go, but are a zillion times safer than any crypto. Or put the money into stocks, or real estate, or lots of other things.
Not that I think ETH may not get a pump from 2.0, it just seems weird to me to think passive income would be the reason.
Every breaking news brings FOMO, everyone wanted to join early and doesn't want to miss the boat and get big profits. Even Bitcoin at the end of 2017 was all FOMO and look what happened. So what do you need to do? Not giving advise, but if you are a experienced trader, it's better to accumulate when a news break out, at least you are in in the beginning and can easily exited if you think you have gain enough before everything went down due to FUD. ETH is still the second coin in the market, but we will have to see how everything goes, but I'm sure FOMO will be there at the very onset.
I am sure that all people have this FOMO syndrome, and nothing can be done with it. Probably, it is the reason why people buy Ethereum so actively - they are waiting for the best changes after Ethereum 2.0 launch. However, I do not think that all can get benefits. To deal with staking, you will need to have at least 32 ETH, and not all guys now have this sum.
It should be fomo and no fud, ethereum 2.0 presents an opportunity to investors to now earn passive income holding about 32 eth. I'm anticipating a gradual increase in price up until 2020.
I think that people will want to secure a passive income. They will slowly start buying Ethereum until they have 32 Ethers. After that Ethereum will be bought only for paying fees on this network, not as an investment, so consider it.
There is no reason why Ethereum update 2.0 should cause FUD. Only if there will be any problem in upgrading process, like security breach.
But Ethereum developers work properly and they will not develop any semi-final solution like Tron or EOS.
But Ethereum developers work properly and they will not develop any semi-final solution like Tron or EOS.
FOMO only. No signs or reasons of FUD since ETH 2.0 will happen in 2020 and it is not fake.
As the ETH 2.0 is slowly approaching, the price of Ethereum will slowly increase and when the time comes that it is launched it will slowly goes down too.
As the ETH 2.0 is slowly approaching, the price of Ethereum will slowly increase and when the time comes that it is launched it will slowly goes down too.
it's not possible ethereum to launch it, ethereum 2.0 feels like FUD, I suggest you not to be affected by something like that, it's better to play it safe. if you want to trade on ethereum don't use all the trading capital you have.
Is there a reason why you call that has a possibility to become FUD? Don't you think the ethereum 2.0 update will bring ether to the moon caused by the POS update? It looks like the majority feels FOMO due to the next update that will bring hardcap supply and that's clear to be considered as a sense reason. But im interesting to know more what will be your reason and maybe i can try to re-thinking about the possibility of ethereum to get FUD too. It's very interesting to know. It's gonna open up the eyes for people looking to make passive income, I'm sure.
Which will make whales jump into it while being attracted of staking rewards => Bullish trend, but as soon as they want to claim their profits => Massive sell leading to price depreciation.TLDR; IMHO, ETH 2.0 will cause FOMO in he beginning then FUD in the second place.
If they see profit, then it could be the time that they buy more.
It is not about being FUD or not. Will it work? That is the real question here.
There are too many altcoins now with staking process and I do think some of them have features that equals ETH. If their marketing will be better then we might see investors ignoring ETH or just dont want to get back at it because of history.
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