I think it'll all come down to timing.
If it's not delayed, then possibly FOMO ... IF BTC isn't doing a crazy pump at the same time. Problem will be if BTC is crushing the entire alt market right before its halvening, then it may be unlikely for any alt, even ETH, to really get much of a price boost.
But if it sneaks in during a BTC stable period, sure, it could get a nice pump. But nobody really knows...
Look at LTC and its halvening -- nice pump, but only up until BTC starting rising and increasing dominance. Then sellers cashed out a little earlier than expected (or at least earlier than I expected).
Topic: ETH 2.0 will cause FOMO or FUD? - page 2. (Read 434 times)
What do you guys think?
which will make sure there will be a FOMO ahead of the release later. We know that the crypto market has always been like that. there will be a big pump to welcome ethereum 2.0. I'm sure of that, because this always happens like bitcoin halving, bitcoin hardfork, litecoin halving and many more.
wait wut eth 2.0 ? is it a new fork from the eth or they will upgrade the existing eth ? next time add som extra info so that unaware users can be updated okay ? good !
but to answer this . i guess this new events can always cause fuds and fomo just like what happened on the past events . people wont be contented on what they have but they instead try these new additions and on the other side there are those fuds again that will rise .
It is simply an upgrade and I think it is an upgrade that will never favor people the way that I am seeing people complain about it, seems to me that there is a feature that has been added to the upgrade that is causing uproar in the market which may then lead to FUD because if people start pulling out of Ethereum with this current bad state where they are on their value and with ICO issues.but to answer this . i guess this new events can always cause fuds and fomo just like what happened on the past events . people wont be contented on what they have but they instead try these new additions and on the other side there are those fuds again that will rise .
Ethereum may lose its value a lot and this will cause many of its investor to start pulling out, but until the release before we can really see if the upgrade will benefit people or not, but I have learnt never to rely on Ethereum upgrade that much again because of what I saw from the Constantinople which never had any effect on the price of Ethereum at all when it was released.
wait wut eth 2.0 ? is it a new fork from the eth or they will upgrade the existing eth ? next time add som extra info so that unaware users can be updated okay ? good !
but to answer this . i guess this new events can always cause fuds and fomo just like what happened on the past events . people wont be contented on what they have but they instead try these new additions and on the other side there are those fuds again that will rise .
but to answer this . i guess this new events can always cause fuds and fomo just like what happened on the past events . people wont be contented on what they have but they instead try these new additions and on the other side there are those fuds again that will rise .
What do you guys think?
The one thing I am sure about is that everything will be factored into the price ahead of the launch of 2.0
What often happens with an upgrade like this is that prices increase as rumours start to circulate. Once the launch actually happens, prices drop a bit.
One thing I absolutely wouldn't expect is a dramatic price rise on the day of the switch to 2.0
The minimal staking amout: 32Ethereums make Ethereum not good for every investor. I think that Ethreum will become more centralized because how many people will be able to buy 32 Ethereums? While ICON offers staking 1 ICX coin!
It`s already causing both things, FOMO is missing a chance to buy ETH now when the price is low, and FUD because many people are talking negatively about ETH 2.0.
That's not happening, FOMO will only happen when price of ETH is pumping and we haven't seen that yet.
If the ETH 2.0 is something that could create some hype, then probably there will be a FOMO, and until that happens, we can't say there it's already causing FOMO.
It`s already causing both things, FOMO is missing a chance to buy ETH now when the price is low, and FUD because many people are talking negatively about ETH 2.0.
That's not happening, FOMO will only happen when price of ETH is pumping and we haven't seen that yet.
If the ETH 2.0 is something that could create some hype, then probably there will be a FOMO, and until that happens, we can't say there it's already causing FOMO.
It`s already causing both things, FOMO is missing a chance to buy ETH now when the price is low, and FUD because many people are talking negatively about ETH 2.0.
That's not happening, FOMO will only happen when price of ETH is pumping and we haven't seen that yet.
If the ETH 2.0 is something that could create some hype, then probably there will be a FOMO, and until that happens, we can't say there it's already causing FOMO.
It`s already causing both things, FOMO is missing a chance to buy ETH now when the price is low, and FUD because many people are talking negatively about ETH 2.0.
But one thing is sure, FOMO or FUD, just newbies fall on both. Ethereum supporters and holders are accumulating and waiting for an upgrade. Make a decision on which side you wish to be, a supporter or an ignorant newbie.
But one thing is sure, FOMO or FUD, just newbies fall on both. Ethereum supporters and holders are accumulating and waiting for an upgrade. Make a decision on which side you wish to be, a supporter or an ignorant newbie.
After the ETH2.0 upgrade there will be FOMO of cause but since POS (Prove of Stake)will be implemented it will be a good reason for many investors to hold so as to earn returns on their holdings which will make ETH have better value than before
What do you guys think?
Well, we can’t say until we see it happen, first ask yourself, as you have heard the news right now, how does it hold in your heart, it is pushing you to buy more Ethereum because you believe it will have many positive effect on the market, so use your own thought towards it to judge. If I am to judge based on my own opinion, I am not sure that it will add any better value to the price off Ethereum, because this what how we expected their Constantinople’s to have effect on the value of Ethereum then, but even after the upgrade, nothing had happened. From this their new upgrade, if whatever they are proposing to fix with it is really worth it, it might had some value, what would really cause the fomo is not the upgrade itself, but a suddenly price increase which will make people to start buying out of fear on not to be missing out.
both will occur. the first is FOMO and second is FUD. at first when approaching launch the price will rise after it will fall. this often happens, for example litecoin today. ahead of halving prices at the pump are high, after that there is a considerable decline.
It will eventually come, people just get really upset about all the delays. This is what happens in technology, it is very difficult to give an accurate time estimate of how long something will take. I really appreciate that they are attempting to move over to POS to save energy in order to help the environment.
What do you guys think?
This is a good news if it will be take place, so I would choose FOMO, but they have to ensure that the launch is done with a great timing, otherwise, this will only lead to a temporary effect. This could also be a big factor that will help ETH to recover and will have its own independent growth and will be able to compete with coins that are performing positive this year, like BNB.
Lets do add up some links for people to know on what we are talking about:
https://cointelegraph.com/news/ethereum-20s-phase-zero-scheduled-to-launch-on-january-3-2020-devs
https://blog.sfox.com/ethereum-2-0-what-the-next-three-years-of-ethereum-will-look-like-b366a46f9704
Questioning if this will cause FOMO or FUD? No one knows.
I don't think that it will create another drama, though it makes some changes but ain't no reason to be fall into FOMO or any FUDs happens. https://cointelegraph.com/news/ethereum-20s-phase-zero-scheduled-to-launch-on-january-3-2020-devs
https://blog.sfox.com/ethereum-2-0-what-the-next-three-years-of-ethereum-will-look-like-b366a46f9704
Questioning if this will cause FOMO or FUD? No one knows.
People had already learn a lot from previous scenarios and that hard fork or any market transitions never look new to everyone.
I don't see any cause of a FUD, it's like more on a coin adaptation and most likely to gain a lot of investors, so it is a FOMO.
It is better to accumulate as much as you can while you have the money if you have a feeling that it will give you a good profit.
It is better to accumulate as much as you can while you have the money if you have a feeling that it will give you a good profit.
yes, i agree with you
i believe ethereum 2.0 will create more demands on eth,
so, while the price of eth is cheap for now, maybe this is our chance to collecting more ethereum to get an enough profit before eth 2.0 my friend
I don't see any cause of a FUD, it's like more on a coin adaptation and most likely to gain a lot of investors, so it is a FOMO.
It is better to accumulate as much as you can while you have the money if you have a feeling that it will give you a good profit.
It is better to accumulate as much as you can while you have the money if you have a feeling that it will give you a good profit.
I bet FOMO for ethereum 2.0 and i take PoS update as my main key to take the next ethereum 2.0 to the moon.
What we need to see that ethereum will not be pegged again to the ICO to get its hype and that can be done only through run the next upgrade for ethereum to determine its hardcap supply and PoS system.
What we need to see that ethereum will not be pegged again to the ICO to get its hype and that can be done only through run the next upgrade for ethereum to determine its hardcap supply and PoS system.
it is possible that it will only become FOMO, if that is the case then the price of ethereum is likely to increase, but it will not fall back soon enough. and trapping people who are FOMO and not taking into account their speculation.
Jump to: