ETH adoption lately is high - page 5.

livingfree

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Quote from: Stanlo on August 01, 2021, 02:44:50 PM

the adoption rate looks way higher than BTc or am I wrong?

How can you know that the adoption rate for Ethereum is higher than bitcoin?

Well, I can say that it became high lately because the fees is the one that became my metric for it. The fees became high and those folks that have missed the days when it's higher than it is today must also look at those times.

But we're in the present and it's sadly true that the fees despite became 40-50 gwei, it's considered high these days.

Yamifoud

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Quote from: Insomnia family on August 02, 2021, 04:07:37 PM

as i know that crypto influencers, big whale, elon musk etc. massive support can certainly affect the price of coins including Ethereum itself. for me personally try my luck on the hype even though I don't fully believe it, but there's nothing wrong with trying to enter and exit after getting a profit.

if you want to try investing, don't suppose to do that during the hypes. I tell you why? Coz that is not a good time buying/accumulating coins in the market, even you are only investing ETH alone or BTC, remember that dump is inevitable and you can't just simply ignore that. I suggest you wait for a while when the market will drop again, that was the best time to do it. This surge isn't for a long-time trend, in fact, we are started to drop. Don't rush into the market, even you have money and even that you can afford to lose them, you should also think and spend it wisely.

Insomnia family

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as i know that crypto influencers, big whale, elon musk etc. massive support can certainly affect the price of coins including Ethereum itself. for me personally try my luck on the hype even though I don't fully believe it, but there's nothing wrong with trying to enter and exit after getting a profit.

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Quote from: Stanlo on August 01, 2021, 02:44:50 PM

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

Ethereum adoption is very high right now, and an additional $500 million in investment will increase the price of Ethereum. But Bitcoin remains the top choice of investors, and the adoption rate of Bitcoin is also very high. And I saw through the WhaleBot Alerts telegram, the number of Bitcoin transactions is also very high. Maybe you can see there.

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Quote from: Stanlo on August 01, 2021, 02:44:50 PM

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

Everyone with excess money is kind of trying to hold the golden number of 32 ether which is required to start staking their ether on the network after the update.
This update was long awaited and once it gets published then a lot of people will start staking their ethers. There have been quiet a few delays in the launch but now it looks promising and people are also buying the hype due to which the ethereum price isn't following bitcoin now a days. I guess after the update the price can fall due to the hype reduction, but that's my guess.

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Quote from: Stanlo on August 01, 2021, 02:44:50 PM

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

Doesn't matter if ETH would really have much more interest and making his own spotlight on this market but I cant really blame out because the recent fork upgrade was indeed exceptional.

With having minding about on lessening its fees and faster transactions then I don't have any doubts that this project would fly even more and those all time highs is somewhat expected.

You would really able to see because basing up on volume then you can really tell that there's really much even more demand lately.

Balmain

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I can give many reasons for Ethereum, the upcoming london hard fork, the transition from pow to pos. Since these have not happened yet, it creates a great excitement for investors. Since the market is also bullish, it is very possible for us to experience this adaptation.

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Quote from: Stanlo on August 01, 2021, 02:44:50 PM

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

You don't use the word adoption when the investors are whales as they are likely getting to the position as it's expected the price will pump, and when that happens, it's easy for them to dump and make that easy money. $500 million if ETH will rise at least 20%, that's an easy $100 million in probably days, so just take it easy, don't get too hype, adoption is not instant, it's slowly but steady.

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I think it's a good investment right now and that with the increased adoption and the significant upgrade that is going to happen soon, it can even trigger higher prices. I do hope that it reaches a new ATH this year. I even got more ETH just because of this and, of course, getting more promising projects. I know that many things can be invested in right now, with all the NFT games hype in the ETH chain.

sana54210

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Quote from: ven7net on August 02, 2021, 07:12:35 AM

Indeed, there is a lot of positive news around Ethereum now, and they all say that the price of ETH is about to show excellent growth. In confirmation of this news, we see how the price of ETH has already started its upward movement and the imminent transition to PoS can really send the price of ETH to the moon. I believe that Ethereum may well surprise us until the end of 2021 and everyone who holds it will be generously rewarded.

It is true that price of ethereum was under 2k for a while (for a short period) and now it is over 2.5k, even in a day when bitcoin dropped nearly 5% we are seeing ethereum going up tiny bit, the going up is not that important it could have stayed the same but not dropping is a big deal.

This is why I honestly believe that ETH is doing much better. I believe this is all due to the fact that the price of BNB is high enough that the gas fee is a bit higher and because it was used a lot the pace got a bit slower as well, and the gas fee of ETH dropped a lot and the price of ETH went up as well, so all of this made some of the people using BNB go back to ETH like old days, which is why adoption of ETH is a lot higher.

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The adoption rate of ethereum will never surpass bitcoin. 500 millions USD are still nothing to make ethereum to surpass its ATH
That needs billions of money to make ethereum to reach another ATH again. Some major companies in the world were holding bitcoin instead of ethereum. That proves that if the capability of ethereum can't surpass bitcoin.
There will be no another new ATH. The time will tell us but i doubt it can happen this year

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Quote from: Stanlo on August 01, 2021, 02:44:50 PM

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

It is very possible that ETH will soon reach the new ATH. I think whales, as well as me, see great potential in the fact that ETH 2.0 will be implemented within a few months. I am sure that even before this event, the price of Ethereum will break the record. The bull run is not over and the rebound in recent days after earlier drops will certainly accelerate the growth of the ETH price.

ene1980

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any smart contract chain like eth will definitely have higher adoption rate than other but it also depends on it scalability maybe the whales see eth to be a quite good investment so they decide that maybe its worth to invest we dont really know.
but if eth could become very scalable maybe it could have really high adoption rate for games, or nft.

The smart contract option is the reason they are having more adoption than any other altcoin in the market as they use it as a platform to create their token which makes things easier for anyone to raise money and there are negatives to that aspect and we have seen billions scammed in the form of tokens and for the games and NFT adoption if they can implement scaling then we might see project developer creating them, if not they will move to alternative chains.

Evgenklm

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ETH really looks good on the market, and sometimes even overtakes btc in terms of growth dynamics, I am sure and convinced that with a full update of ETH 2.0 , we will still regret that we did not buy even at such a high rate.

asriloni

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You're wrong about that dude. Bitcoin already adopted by so many institutional investors why ethereum are still getting some of investors from the institutional investors. We are talking the fact that of so many big companies are putting their eyes on the bitcoin. Some may interested with ethereum but they are still feeling worry about ethereum. it caused by it can be considered as security anytime.
People are eyeing for bitcoin to be an asset against the inflation. bitcoin adoption rate is much higher than ether

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Quote from: Stanlo on August 01, 2021, 02:44:50 PM

It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?

That is good for ethereum because that can give confidence to people to follow investing in ethereum. But they need to be careful because when the price can rise so high, there will be a chance to get down deeper. The adoption in ethereum can help ethereum defend its position in the market and bring an opportunity for the other project based on the ethereum network to grow. Hopefully, the price of ethereum can still increase and there will be no big bad news coming at this good movement.

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Quote from: arifteguhr on August 02, 2021, 08:36:32 AM

Quote from: ven7net on August 02, 2021, 07:12:35 AM

Indeed, there is a lot of positive news around Ethereum now, and they all say that the price of ETH is about to show excellent growth. In confirmation of this news, we see how the price of ETH has already started its upward movement and the imminent transition to PoS can really send the price of ETH to the moon. I believe that Ethereum may well surprise us until the end of 2021 and everyone who holds it will be generously rewarded.

Hopefully the surprise can really come to ETH at the end of this year because in general the increase in the price of ETH has been seen very well and also accompanied by some very positive news so that it can provide a pretty good response for investors who like it.

should be with a sizeable update that was well planned. will actually make for a high adoption increase.
although we see there are some delays, but it will not be a hindrance to a big change on the ethereum platform.
everyone was waiting for this all impatiently.

arifteguhr

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Quote from: ven7net on August 02, 2021, 07:12:35 AM

Indeed, there is a lot of positive news around Ethereum now, and they all say that the price of ETH is about to show excellent growth. In confirmation of this news, we see how the price of ETH has already started its upward movement and the imminent transition to PoS can really send the price of ETH to the moon. I believe that Ethereum may well surprise us until the end of 2021 and everyone who holds it will be generously rewarded.

Hopefully the surprise can really come to ETH at the end of this year because in general the increase in the price of ETH has been seen very well and also accompanied by some very positive news so that it can provide a pretty good response for investors who like it.

aemma

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Although it is a good news but no one can actually verify such claims, moreover if they want to do so, they would do it silently in order not to attract attention and fomo which will pump the price or it could be they have bought low and want to create fomo which will pump the price as they prepare for what the ETH team are working on.
Nevertheless, it is a good news and will drag attention to Ethereum which will push the price further up, and peradventure leading to another bull run which everyone is anticipating.
Furthermore, Ethereum team are always known to work hard silently while what they are working on keeps making ETH more valuable, and I think Ethereum will continue to be in the minds of everyone most especially now they are working hard on actualizing many goals; this has always being seen to reflect on the price growth.

ven7net

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Indeed, there is a lot of positive news around Ethereum now, and they all say that the price of ETH is about to show excellent growth. In confirmation of this news, we see how the price of ETH has already started its upward movement and the imminent transition to PoS can really send the price of ETH to the moon. I believe that Ethereum may well surprise us until the end of 2021 and everyone who holds it will be generously rewarded.

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