Topic: Ethereum 2.0 and its impact? (Read 627 times)
One crypto platform that many are interested in and following right now is the grade of the ethereum platform to Ethereum 2.0. Much hype is given to it but I think it is rightfully so. The development of ethereum like sharding is not a new idea but Eth 2.0, I think, will be first to implement it. Then there is the proof of stake reward system. These will be a major development to the platform and Im sure many will support.
The price can rise for several common reasons:
1. Increase in demand for a coin
2. Reduction in the number of coins in circulation
"1.Ethereum 2 phase 0;
2.EIP-1559;
3.The end of mining; and
4.Ethereum 2 phase 2."
https://www.attestant.io/posts/charting-ethereum-issuance/
And after phase 2 we can see 1 and 2 reason, but it’s very difficult to say how long Phase 2 will start.
1. Increase in demand for a coin
2. Reduction in the number of coins in circulation
"1.Ethereum 2 phase 0;
2.EIP-1559;
3.The end of mining; and
4.Ethereum 2 phase 2."
https://www.attestant.io/posts/charting-ethereum-issuance/
And after phase 2 we can see 1 and 2 reason, but it’s very difficult to say how long Phase 2 will start.
The issue I have with this Ethereum 2.0 is the different phases this migration is going to take, it is possible we wont see much price growth unlike the whole migration to Eth 2.0 is complete but I feel Ethereum have the potential of touching $3k in the coming bull market
very high prediction. we don't know the extent to which ethereum 2.0 will bring ethereum prices, and I expect big at thousands of dollars. it's just that, for now, I want to predict based on reality, even for $ 400 for a start is a pretty good goal. if the potential for ethereum can indeed reach thousands of dollars, then ethereum prices before the end of the year will approach that price. 
The issue I have with this Ethereum 2.0 is the different phases this migration is going to take, it is possible we wont see much price growth unlike the whole migration to Eth 2.0 is complete but I feel Ethereum have the potential of touching $3k in the coming bull market
Oh man that's a huge number to expect! Personally, I believe ETH can reach and hold the price of $1k in the near future thanks to its ETH 2.0 launching. One of the reason is that people are hoping for a bullish season. They have a lot of confidence in the event so they keep holding ETH. More and more people are going to buy ETH to prepare for the upcoming event! Let's wait!$3k is not that much for the bull run since we are talking about the next BIG bull run. Let's hope that no more delays with the update, and let's hope that the team are more ready to face the challenges of the market and the updates. I'm still holding with ETH, I know its worth to hold!
The issue I have with this Ethereum 2.0 is the different phases this migration is going to take, it is possible we wont see much price growth unlike the whole migration to Eth 2.0 is complete but I feel Ethereum have the potential of touching $3k in the coming bull market
Oh man that's a huge number to expect! Personally, I believe ETH can reach and hold the price of $1k in the near future thanks to its ETH 2.0 launching. One of the reason is that people are hoping for a bullish season. They have a lot of confidence in the event so they keep holding ETH. More and more people are going to buy ETH to prepare for the upcoming event! Let's wait! it is impossible to even imagine. It is possible that the launch of ETH 2.0 will not even affect the price, because the whales have already purchased a large amount of coins for staking and I will receive passive income.
You cannot be sure that they already bought what they needed to buy. In fact, that is not enough determinant, whether it will pump, or not. Even if it pumps, it will be of great advantage to the whales and others like.
I am still optimistic about the launch and it is possible we see a remarkable difference.
The issue I have with this Ethereum 2.0 is the different phases this migration is going to take, it is possible we wont see much price growth unlike the whole migration to Eth 2.0 is complete but I feel Ethereum have the potential of touching $3k in the coming bull market
Ethereum prices could be over 500 USD after the launch announcement. This will be the first impact price, after the launch price will be over 1000. Everyone can predict the price as experience but both halving and ETH 2.0 will lead us to the next bullrun. In the next bullrun, the Ethereum price could be over 15k USD.
I can remember Vitalik refute the July rumour of ETH 2.0 launch but have we now gotten the exact date for the launch ?"Altona v0.12 testnet
Ever since the release of spec version v0.12, client teams have been hard at work updating and testing their codebases in preparation for public testnets."
Phase 0 is still in the testing phase, so in 2020 we are unlikely to see the launch of ETH 2.0. I’m no longer waiting for official announcements about the start of POS for 2020.
Ethereum prices could be over 500 USD after the launch announcement. This will be the first impact price, after the launch price will be over 1000. Everyone can predict the price as experience but both halving and ETH 2.0 will lead us to the next bullrun. In the next bullrun, the Ethereum price could be over 15k USD.
I can remember Vitalik refute the July rumour of ETH 2.0 launch but have we now gotten the exact date for the launch ? Did you read this?
https://github.com/ethereum/eth2.0-specs
Let me make it real simple for you:
Ethereum 2 Phase 0
No smart contract support, all processes will pass in ETH 1.0
Validators will lock their ETH and will validate rewards to each other in ETH 2.0.
Ethereum 2 Phase 1
No smart contract support, all processes will pass in ETH 1.0
Shards will be added, this will slightly increase the throughput in the ETH 2.0
Ethereum 2 Phase 2
Sharding with smart contracts support
How long? Will this work with other smart contracts?
..
I already wrote about the phases of Ethereum 2.https://github.com/ethereum/eth2.0-specs
Let me make it real simple for you:
Ethereum 2 Phase 0
No smart contract support, all processes will pass in ETH 1.0
Validators will lock their ETH and will validate rewards to each other in ETH 2.0.
Ethereum 2 Phase 1
No smart contract support, all processes will pass in ETH 1.0
Shards will be added, this will slightly increase the throughput in the ETH 2.0
Ethereum 2 Phase 2
Sharding with smart contracts support
How long? Will this work with other smart contracts?
..
Phase 0 and Phase 1 will not add significant changes to the speed of transactions. And the transition to phase 2 can take a very long time. I see that most users do not understand the nuances of ETH 2.0
We will still see a lot of speculation on the news.
it is impossible to even imagine. It is possible that the launch of ETH 2.0 will not even affect the price, because the whales have already purchased a large amount of coins for staking and I will receive passive income.
Seeing yesterday the hype that occurred due to eth 2.0 will be launched in July even though it is a hoax and could make the price of ETH rise quite high, I think if ETH 2.0 was really launched the price of ETH would be 2x fold from now.
For now we could say that hype will turn on eth 2.0 when it will launch. So many people anticipating that it could rise high and I think there's actually a chance even surpassing its previous ATH. During the last bull run almost everyone got profits due to eth reaching 1k usd, and this is due to hype of ICOs now, technically the network will undergone a total renovation and PoS will be the trend of the year for eth. For me its gonna be positive and looking forward to its improvement. Once ETH 2.0 happens, it will either be Ethereum's time to shine... or else, so we'll see and find out soon enough.
Seeing yesterday the hype that occurred due to eth 2.0 will be launched in July even though it is a hoax and could make the price of ETH rise quite high, I think if ETH 2.0 was really launched the price of ETH would be 2x fold from now.
For now we could say that hype will turn on eth 2.0 when it will launch. So many people anticipating that it could rise high and I think there's actually a chance even surpassing its previous ATH. During the last bull run almost everyone got profits due to eth reaching 1k usd, and this is due to hype of ICOs now, technically the network will undergone a total renovation and PoS will be the trend of the year for eth. For me its gonna be positive and looking forward to its improvement. Seeing yesterday the hype that occurred due to eth 2.0 will be launched in July even though it is a hoax and could make the price of ETH rise quite high, I think if ETH 2.0 was really launched the price of ETH would be 2x fold from now.
For now we could say that hype will turn on eth 2.0 when it will launch. So many people anticipating that it could rise high and I think there's actually a chance even surpassing its previous ATH. During the last bull run almost everyone got profits due to eth reaching 1k usd, and this is due to hype of ICOs now, technically the network will undergone a total renovation and PoS will be the trend of the year for eth. For me its gonna be positive and looking forward to its improvement. 
The price is not the only thing to have an eye on, it´s the matter of mass adoption and becoming a global industry standard. If they can manage to make 2.0 the backend to go to for big incorporations the price will increase anyway but the effect on the economy well be far more impactful
I think that you should aware if the result of price will be reflected the demand that has already gotten by ethereum. More demand means massive adoption too and this will actually affect the price of ethereum itself. They aim to be massively adopted by all people and companies.
It is quite hard to predict the possible price of ETH after implementing its upgrade since we do not know how much is the price of ETH by that time. It is for sure will bring hype to the market, and if by then a pump group will trigger a spike in ETH price, it is possible that it can double in price because of the positive sentiment, hype, and the possibility that FOMO may trigger. But it can also go the other way since
Yeah, it's quite hard to predict because as we can see that the price of majority in altcoins is based on the movement of Bitcoin dominance. It's very unstable in the market and providing our own speculation broadcast might not give accurate results as we expected.
When Ethereum volume 2.0 will successfully be launched, I believed there's a lot of changes for sure. Just like fees and might also the Ethereum miners will have a little adjusting with the current network operated. Just one thing that comes up in my mind, is this the time that Ethereum will not depend on the Bitcoin dominance?
I do not think that it will have a new ATH because the ATH stands around 1.5k and that is way too far ahead, even if price is 300 dollars by that time we are talking about a x5 increase and I doubt that price could go up that much, it surely will go up but I doubt it would be that much. That is why I think a realistic approach would be to assume ethereum will hit around 500 to 800 dollar levels, which is half to 1/3 of what ATH was and it would still be awesome for ethereum.
It is around 250 dollars right now and what we are talking about is not reaching x6 of the current price but reaching x2 or x3 which is not really that bad if you ask me. That is why ethereum 2.0 will increase the price of ethereum a ton, however I believe it will also affect all the other coins as well with new money coming into market as well.
It is around 250 dollars right now and what we are talking about is not reaching x6 of the current price but reaching x2 or x3 which is not really that bad if you ask me. That is why ethereum 2.0 will increase the price of ethereum a ton, however I believe it will also affect all the other coins as well with new money coming into market as well.
As I have already posted somewhere that Ethereum 2.0 is going to launch its phase 0 this year and phase 1 during the next year. I have the expectation that launch of the ethereum POS system will bring many positive changes and its price will hike much more than expected.
So what do you have in your mind, how much price will hike?
When do you think it will be a good time to invest - I think, now is a good time, Price will hike as before its launch.
[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]
So what do you have in your mind, how much price will hike?
When do you think it will be a good time to invest - I think, now is a good time, Price will hike as before its launch.
[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]
It is quite hard to predict the possible price of ETH after implementing its upgrade since we do not know how much is the price of ETH by that time. It is for sure will bring hype to the market, and if by then a pump group will trigger a spike in ETH price, it is possible that it can double in price because of the positive sentiment, hype, and the possibility that FOMO may trigger. But it can also go the other way since
As I have already posted somewhere that Ethereum 2.0 is going to launch its phase 0 this year and phase 1 during the next year. I have the expectation that launch of the ethereum POS system will bring many positive changes and its price will hike much more than expected.
So what do you have in your mind, how much price will hike?
When do you think it will be a good time to invest - I think, now is a good time, Price will hike as before its launch.
[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]
Eth 2.0 is not just a upgrade it is a complete evolution of the whole eth network into a new and highly efficient network that will fit the current and future needs of the market and the network, not only it will result in the change of algorithm from pow to pos but it will solve the major scalability issues as well and so on it will also solve the inflationary and supply issues of eth and will convert into a truly deflationary coin, so the future potential is huge and i see eth growing multiple multiple times in the future. So what do you have in your mind, how much price will hike?
When do you think it will be a good time to invest - I think, now is a good time, Price will hike as before its launch.
[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]
As I have already posted somewhere that Ethereum 2.0 is going to launch its phase 0 this year and phase 1 during the next year. I have the expectation that launch of the ethereum POS system will bring many positive changes and its price will hike much more than expected.
So what do you have in your mind, how much price will hike?
When do you think it will be a good time to invest - I think, now is a good time, Price will hike as before its launch.
[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]
I do not think suggesting people to invest in something is a good idea even when eth looks bullish, most of the community is quite positive about eth and i personally think that if eth network comes up with instant transactions and low fee alongwith pos model the price is going to blast and 2k will look small because 1.4k is last all time high so expect next peak to be much higher maybe 3.5 to 5k. Everyone has his own thinking and i am sure everyone does what they think is best for them. So what do you have in your mind, how much price will hike?
When do you think it will be a good time to invest - I think, now is a good time, Price will hike as before its launch.
[Purpose of this thread will purely for ether price analysis. Hopefully, because of this thread, someone makes a profit by investing in ether.]
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