Ethereum will get more demand - page 3.

Xal0lex

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Quote from: StormHawk on August 14, 2022, 12:22:25 AM

The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.

The imminent merger of ETH has already split the community into two camps. Some think, that after the merger there will be a panic and ETH will lose a lot in price, the value of coin will fall below $700, up to $500. The other side says, that after merger the price of ETH will reach $4000 till the end of the year. This all sounds more like manipulation and FUD. Personally, I'm of the opinion that after the merger, the price of ETH could still experience some volatility for a while, and in both directions, I would buy some ETH if the price goes down to $1000. In the current market realities, that's quite possible.

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https://learn.block6.tech/ethereum-foundation-adopts-d-bonds-erc-3475-standard-to-take-defi-to-the-next-level-d5aa23d2271e
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Quote from: StormHawk on August 14, 2022, 12:22:25 AM

The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.

Ether is the first altcoins ‍and there isn't a single person in crypto who doesn't know about it. We've had a lot of things, but the latest is that Ether is moving forward in his track. There are many updates are waiting for this reason we saw a few days ago what effect it had on the bear market. Not just whales, Investors of all stripes are drawing attention to Ether. Many speculate that Ether may soon cross its all time high price.

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In a word, the demand for Ethereum is after Bitcoin. Ethereum is the 2nd coin of coin marketcap. It is a coin of many trusts. Everyone compares this coin after Bitcoin. The biggest thing is that at the beginning of the bear market, after the price of all coins went down, the price of Ethereum also went downBut after some days its price started increasing again but all other coins or tokens hardly increased in price. Hopefully this coin is actually a very good coin that will go much further in the future.

GelatikKembar

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maybe, because PoS will change everything, from Gas Fees to their ecosystem,
there is a staking feature there, and of course there is a lot of demand because many want to stake Ethereum,
I'm sure Binance will also support the staking feature for ethereum in the future

Marykeller

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Had it been Ethereum continued with her low fees transactions as it were before, other blockchains like BnB, polygon, Avax, Tron and many more won't have amassed much on crypto space. High transaction fees made from Ethereum made way for other blockchains to display their fast and lower rate of transaction costs.
Inasmuch I can say, cryptocurrency is open for every project to compete and display her full potential in the crypto market.

After years of hodl and waiting for the ethereum merge to commence, do you expect the whale to dump Ethereum, no I guess cos they would like to stake and enjoy the reward as you have already asserted.

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Quote from: justdimin on August 22, 2022, 03:08:52 PM

Quote from: asriloni on August 21, 2022, 01:32:09 AM

Quote from: Wincob on August 20, 2022, 02:03:48 PM

Why did I feel like the reason why BTC doesn't go below 20k today was because of Ethereum? Many are adopting ETH because of the merge and the forks, free money on the way for holders not just stakers.

Its' not caused by ethereum that was triggering the bearish trend but it's caused by mtgox issue that was making so many people feel worry. I have no problem with ethereum at all since ethereum will always be going to the bottom along with bitcoin and whole of crypto market due to the bearish trend. The mtgox dump may make it different as it can trigger the situation to be even worse. Don't you aware about this?

That's true, the mtgox deal is getting to a point that people are worried about not just one small part, but more like billions of dollars. I still think that it won't happen that way, but it does feel like there is a good chance it could be done in smaller parts piece by piece. This will of course eventually level out the market and not going to really crash it. Which means that people made too much noise out of nothing.

The amount of money that mtgox could have caused a trouble, was smaller than the amount we already dropped just because of the news. That's our biggest problem, news about potential danger causes the price to drop more than the danger itself and that's stupid.

Correct, if we think about the amount of coins that could be dropped to the market at the same time is not really that important, especially if we consider the daily volume of bitcoin, however the threat itself is enough to cloud the judgment of people and make them think that an absolute catastrophe is coming, this creates FUD and as we know if enough people believe it then this will cause a major downturn in the market, which is exactly what we are seeing at the moment.

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Quote from: StormHawk on August 14, 2022, 12:22:25 AM

The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD...

The Ethereum Foundation explains in its blog that "The Merge is a change of consensus mechanism, not an expansion of network capacity, and will not result in lower gas fees" - https://ethereum.org/en/upgrades/merge/#misconceptions
Therefore, be sure to remember this so as not to be disappointed after the merger.

Lubang Bawah

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There is a positive thing from a more expensive transaction fee in Ethereum, which is only a large and serious project that will use the ERC20 network, and if we look at the facts in the market some large projects can be successful and last long, this is what makes ETH demand never go down like other coins.

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Quote from: Tessyb on August 23, 2022, 03:51:00 AM

I agree with you, regarding the potential growth of ethereum demand. The value of ethereum may increase substantially because whales would be interested in the staking benefits ....

It was not the whales alone, but it was because many people are coming into crypto having an interest in Ethereum. It naturally gain higher demand knowing that this coin is worth investing and besides, it was the most recommended altcoins in the market, and it is not surprising anymore. Sooner, when the bull season comes we can definitely expect a price rally together with high demand.

Quote from: Tessyb on August 23, 2022, 03:51:00 AM

as such we may have less dumping and since miners are no longer rewarded, this would also contribute to lesser dumping.

You got to be wrong with this mate, miners will gain rewards as long as there is continuous use and ETH transactions in the market. And definitely, this is won't affect the dumping case as it will happen no matter what we do.

Tessyb

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I agree with you, regarding the potential growth of ethereum demand. The value of ethereum may increase substantially because whales would be interested in the staking benefits and as such we may have less dumping and since miners are no longer rewarded, this would also contribute to lesser dumping.

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Quote from: bonyaserg on August 21, 2022, 02:03:10 PM

Personally, I can say that the Ethereum coin is the most promising coin to invest in. I can also say that the Ethereum coin is one of those coins that you need to understand, as it can bring great profits. I always solve problems only with the Ethereum coin.

all of us know this is best layer 1 chain and alot important update will come. Buying eth for long term was good option for us , recent ethereum price was looks strong if compared previous price with same bitcoin price. Next months will be ethereum momentum to take its market capitalization from other layer 1 project. Smart contract deployed hopefully will increase again.

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Quote from: StormHawk on August 14, 2022, 12:22:25 AM

The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.

People are hoping for the fees to be lower but guess what, they are somewhat hopeless as for many attempts, it never happens. Maybe some people are a little bit excited and buying more ETH but I wasn't confident enough that this would help to cut a huge share of the fees as miners may not feel good about this idea as these fees are their only hope for them to survive.

Well, on the other side, ETH will still keep its higher demand without this event.

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Quote from: StormHawk on August 14, 2022, 12:22:25 AM

The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.

Isn't it though that Ethereum developer also corrected that mentality that the merger will not solved the high gas fees?

You can read all the misconceptions here: https://cointelegraph.com/news/the-merge-top-5-misconceptions-about-the-anticipated-ethereum-upgrade

The whole market is dumping not just Ethereum, so we have this dumping for whatever reasons, maybe it was the Mt Gox coins or the news that the US is looking at the Bitcoin mining as an energy and coal issues, or even the war in the background is still affecting us.

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Quote from: Cuda911 on August 14, 2022, 08:49:31 AM

Whales own Ethereum, if not why is 32 ETH required for staking? This is wrong it shows that the big players will be benefiting more from Ethereum than small time investors like myself, lets see what happens as for me my expecting is very low.

Yes that true but very soon they will reduce minimum Ethereum for staking if they not reached required value staked. This is just start and I hope they will do something for low investor like us. I can stake UpTo 1 Ethereum at this time. We will see Many validator like Cosmos (Atom) and there we will be given chance to stake low quantity also

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Quote from: asriloni on August 21, 2022, 01:32:09 AM

Quote from: Wincob on August 20, 2022, 02:03:48 PM

Why did I feel like the reason why BTC doesn't go below 20k today was because of Ethereum? Many are adopting ETH because of the merge and the forks, free money on the way for holders not just stakers.

Its' not caused by ethereum that was triggering the bearish trend but it's caused by mtgox issue that was making so many people feel worry. I have no problem with ethereum at all since ethereum will always be going to the bottom along with bitcoin and whole of crypto market due to the bearish trend. The mtgox dump may make it different as it can trigger the situation to be even worse. Don't you aware about this?

That's true, the mtgox deal is getting to a point that people are worried about not just one small part, but more like billions of dollars. I still think that it won't happen that way, but it does feel like there is a good chance it could be done in smaller parts piece by piece. This will of course eventually level out the market and not going to really crash it. Which means that people made too much noise out of nothing.

The amount of money that mtgox could have caused a trouble, was smaller than the amount we already dropped just because of the news. That's our biggest problem, news about potential danger causes the price to drop more than the danger itself and that's stupid.

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Personally, I can say that the Ethereum coin is the most promising coin to invest in. I can also say that the Ethereum coin is one of those coins that you need to understand, as it can bring great profits. I always solve problems only with the Ethereum coin.

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Quote from: StormHawk on August 14, 2022, 12:22:25 AM

The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.

ethereum merging will be released soon and there is a lot of bad news out there about ethereum merging will dump price etc. but to me it's just bad news from someone who doesn't like ethereum coins who has proven that ethereum deserves to be even better in the future.
and now there are a lot of new ethereum enthusiasts and they are still waiting and will buy more to invest in the long term.
i firmly believe that after the merging of the ethereum network, in the future ethereum will reach very high ATH

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Quote from: StormHawk on August 14, 2022, 12:22:25 AM

The latest rumour going around about the Ethereum merge is a dump after, you are wrong if you are one of them, Ethereum going proof of stake and fixing the high gas fee have automatically turn this project into a GOLD, every whales will want to stake and enjoy the rewards, even if a dump happens after the so called fork it won't last.

Maybe this rumor has made Ethereum prices skyrocketed from $ 1200 to $ 1900 a few days ago, I also participated in several influencers who said so, but unfortunately the last 2 days the price dropped again and now returned to $ 1590.

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ofcource it will. because most of crypto community is waiting for merge. if they would feel merge is better then people will start to buy more. And it could be a reason for a another bull market too

Topic: Ethereum will get more demand - page 3. (Read 902 times)