ETH 2.0 will cause FOMO or FUD? - page 3.

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https://streamies.io/

It will certainly be a good news and it will completely change the position of the current ETH. It may increase prices very strongly in the near future.
I believe that the Ethereum 2.0 platform will have a big impact on the crypto community as well as businesses that are developing on the old platform or BEP2 or Waves platform.
It will soon regain its market share and create a new dynasty.

Red-Apple

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i think it will cause FOMO.
mainly because they have been trying so hard to hype it up and they are willing to spend millions in advertising it just like they did back in early days to pump ETH in first place.
but also because of the fact that ETH has been dumping for 1.5 years without stop. the owner whales are getting anxious to pump it again and make some profit from the newbies again.

what i can't predict is the level of success this round of pump is going to have. since it is getting harder to pump this coin since it has lost all its usages.

Greed Dev

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Quote from: josebcn on August 13, 2019, 01:30:05 PM

What do you guys think?

it certainly makes Fomo and large investors now gather more ETH from now on so that when ETH 2.0 is about to happen, they will have big profits.
currently the price of ETH has not yet changed well but it is a good opportunity to buy more. ETH 2.0 will have many new features and attract more investors in the future, the price will surely increase.

MbakNarti

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Every good news can cause FOMO, if you are a trader is a good way to maximize your profit. I'm totally sure when is near ETH 2.0 Launch, the price of ETH will pump...
I think ETH will follow LTC scheme, the whales will pump ETH first then after the upgrade finished they will dump again (back to the previous price before upgrade begin)...
IMO

alan2here

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WorkAsPro

Quote from: Kemarit on August 13, 2019, 04:52:24 PM

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.

Featured news is often seen by many people Fomo but only for a very short period of time because most people participating in this market are only interested in profits and have no need to invest in technology. In any case, after that coin rises, there will be a lot of big adjustments and this is what happens every day in this market. In my opinion, investment needs to be considered carefully because if you do not have investment knowledge, the person with the biggest loss is you so think before investing.

Kemarit

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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.

Aveatrex

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Quote from: Marckolind on August 13, 2019, 03:05:25 PM

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.

Marckolind

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Proof Of Stake (Although hated by a LOT of people) is the future of crypto imho.

Saves a TON of electricity, makes staking accessibly for anyone holding ETH. It's a BULLISH move in crypto, and I believe staking pools will become even more popular than they already are due to the fact that the vast majority of people wont have enough ETH to solo stake it.

I'm a huge fan of XSN (Stakenet), their platform will support ETH once they update and move to POS, and I believe a lot of people will use it. There are a lot of staking pools out there from various projects, but Stakenet offers way more than that on their platform.

Excited to read this, as I've been waiting for ages for an actual date. Gotta buy up as much XSN as I can afford, before Proof Of Stake becomes the industry standard (at least for ETH). It's gonna open up the eyes for people looking to make passive income, I'm sure.
Next thing we need is for ETH to move to the Lightning Network, and we'll be able to trade instantly using Stakenet's upcoming Lightning DEX. Grin

Thanks for posting OP!

sheba

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If launched on the date expected and no more delays I will consider a FOMO, there are still lot of time to speculate guess changes will come as it is fast approaching. Better just stay out and let watch how it goes.

josebcn

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