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Topic: Ethereum will get more demand - page 4. (Read 902 times)

legendary
Activity: 3038
Merit: 1024
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August 21, 2022, 01:32:09 AM
#53
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?
legendary
Activity: 3108
Merit: 1029
August 20, 2022, 10:45:13 PM
#52
I think the merge hype is already wearing off, as for those saying that etheruem will perform better than BTC where are you now, to it still looks like BTC is the driver of all other altcoins isn't it? Let's wait and see what happens after merge is complete.
yeah it's true at all, bitcoin is always become a coin that was driving the whole of market. People are thinking without consider how strong bitcoin and hype was just temporary. People are always thinking changing consensus will change everything but they didn't even understand how it will be working. They think changing consensus meant changing whole of structure in ethereum network like scalability
sr. member
Activity: 1876
Merit: 318
August 20, 2022, 09:24:48 PM
#51
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.

All crypto market is in bear condition so it's normal when we see a dump after the merge since the crypto market is recovering slowly we're still seeing some correction until this year's end I guess. If Ethereum dump really low then it's our chance to buy it so when the staking goes live we can increase our portfolio through staking.

It's true that in bear market situations it's perfectly normal to see crypto prices fall, so whatever causes Ethereum to fall, I am very optimistic that
Ethereum will be able to recover again. Moreover, Ethereum has always been ranked second under Bitcoin, meaning that until now Ethereum is still
the best altcoins. Therefore, the decline in the price of Ethereum will make the demand for Ethereum increase, because many investors will buy
Ethereum when the price is low. So for now it is very good to collect Ethereum, we can hold in our personal wallet or stake Ethereum is also very
profitable to do. Some people will regret just being a spectator for not daring to buy Ethereum when the price drops, because they think Ethereum
will never recover.  Ethereum is a top coin that has an excellent track record, so the future is definitely bright.
legendary
Activity: 2534
Merit: 1338
August 20, 2022, 07:42:48 PM
#50
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.
Staking is becoming the thing today and everyone wants to have their share to have a passive income. But when PoS comes, this will make the richer rich as they will have the biggest share if they're holding a lot of Ethereum. We will know what will happen next after the merge but if we're talking about long term, ETH is still strong and likely to stay on its place because many will come back for its purpose of having one of the cheapest fees in the market and that will create volume.
The advantage that ethereum has over other platforms and coins is probably enough to keep it in second place only behind bitcoin, but it is not clear if this move is the correct one, because now the ones that are going to benefit the most out of this are the ones that have a lot of coins already and this could cause that a great deal of people decide to move to other platforms because they are not going to like to see a minority earning all the profits while they earn nothing while staking their coins.
jr. member
Activity: 47
Merit: 10
August 20, 2022, 02:03:48 PM
#49
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.
sr. member
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
August 20, 2022, 07:40:35 PM
#49
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.

All crypto market is in bear condition so it's normal when we see a dump after the merge since the crypto market is recovering slowly we're still seeing some correction until this year's end I guess. If Ethereum dump really low then it's our chance to buy it so when the staking goes live we can increase our portfolio through staking.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
August 20, 2022, 06:59:35 PM
#48
Ethereum stands next to bitcoin and this makes it strong over rest of the altcoins in the market. There is regular updation and as a result to the growing demand the merge is being planned. During the merge there'll be dump and further the bounce in the price takes place. This can be of different reasons. The market moves will be upside or downward, and this completely based on how successful the merge have taken place.
legendary
Activity: 3010
Merit: 1280
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August 20, 2022, 06:28:05 PM
#47
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.

But it abandoned one of the basic factors why ETH has the current price, the mining cost.  So in the long run it will be cheaper to produce ETH thus it will affect the market price.  Since the market is a competition who sold cheaper will be bought first, then sellers who are possibly huge stakers will compete for the price selling their accumulated ETH in much less price.
hero member
Activity: 2814
Merit: 911
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August 20, 2022, 04:29:09 PM
#46
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.
Moving to POS alone will not solve the high gas fees but the opposite will happen in the long run and there was a hypothetical questions being asked by Lefteris Karapetsas, the founder of Rotki in Twitter about how major players will deal with regulatory pressure on censoring the protocol with their validators and Brian Armstrong the Coinbase CEO responded that they will be shutting down the staking service they provide, in case there is a regulatory pressure which is a highly likely scenario  Wink.

What ever be the situation, POS will be centralized and time will prove the scalability issues in POS when you are handling large number of transactions.
hero member
Activity: 2268
Merit: 669
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August 20, 2022, 02:10:00 PM
#45
I can only agree that those people are surely jealous of those who have Ethereum stored already and if you plan to buy then the fee is not low compared to other crypto like Bitcoin though I don't think it will stay like that since the team is working hard to make it small the same as before it become high fee. If you say that Ethereum will have more deman then it's a good sign that the price may increase but as you can see the people who owns Ethereum is already massive.
member
Activity: 2044
Merit: 16
August 16, 2022, 03:35:25 AM
#44
Those people who said the Ethereum will dump after the merge, were surely sold the in the panic and bear market. Now, Ethereum really rallying this months which makes the eyebrows of haters really shaking their heads now. This Merge event will have a big effect of the price of Ethereum and this will have a better scalability features that will help the network even faster and cheaper gas fees.
legendary
Activity: 2758
Merit: 1228
August 16, 2022, 06:06:41 AM
#44
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.

Just a rumor for people who believe to much on ethereum maybe the best thing to do with that is invest only what you can afford to lose so that you will not get affected if your expectation on ethereum will not happen. And always take your profit as long as you can since sometimes manipulator hype you up that there will be more pump to come so that they will be the first one to secure and you will left behind picking up some little pieces coming from dump.
full member
Activity: 899
Merit: 101
August 16, 2022, 06:05:42 AM
#43
...Right now we are seeing a good pump with ETH and its price is able to reach the $2k mark again though there's a pullback but I think this is just temporary, and the trend will continue once we saw the success of the merging. Many are hyping the market right now actually, not just with ETH but most of the good coins. Lucky to those who bought ETH at the price of $1k before, they made a good profit already.

Ethereum in this case will act as a locomotive that will pull other altcoins. Thus, in the wake of the Ethereum merger, the dominance of bitcoin may decrease, which will lead to a new season of altcoins. But what will happen after September 15, when the merger takes place, perhaps ETH expects a correction.
ethereum and doge will lead this pump incase bitcoin price could stable above 23800. These coins has strong community , especially ethereum that will merge in near time. Alot hope put this upgrade especially on gas fee which is so far be main problem. Maybe hype still around ethereum , alot expectation it will stable above 2k.
member
Activity: 227
Merit: 12
August 16, 2022, 06:00:33 AM
#42
I think the merge hype is already wearing off, as for those saying that etheruem will perform better than BTC where are you now, to it still looks like BTC is the driver of all other altcoins isn't it? Let's wait and see what happens after merge is complete.
hero member
Activity: 3052
Merit: 651
August 16, 2022, 04:28:30 AM
#41
Let's hope so.
First, we need to see what it is capable of and if bugs are lesser, fees going lower, transaction speed is better then yes, many will buy it back. It's not just about the staking process and about the whales, there are a lot of users that do transact daily because of platforms using the ERC20 chain.
Different bridges that was created to avoid the high fees won't be necessary anymore.
legendary
Activity: 2268
Merit: 1655
To the Moon
August 16, 2022, 03:12:32 AM
#40
...Right now we are seeing a good pump with ETH and its price is able to reach the $2k mark again though there's a pullback but I think this is just temporary, and the trend will continue once we saw the success of the merging. Many are hyping the market right now actually, not just with ETH but most of the good coins. Lucky to those who bought ETH at the price of $1k before, they made a good profit already.

Ethereum in this case will act as a locomotive that will pull other altcoins. Thus, in the wake of the Ethereum merger, the dominance of bitcoin may decrease, which will lead to a new season of altcoins. But what will happen after September 15, when the merger takes place, perhaps ETH expects a correction.
hero member
Activity: 2310
Merit: 532
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August 15, 2022, 04:29:30 PM
#39
By the time of merge it is predicted to have a dump in the market, and we don't have exact answer for that. Any form of changes can happen. According to me, there is more chances of drop in the market value and gets pushed. Once after the merge I believe that ethereum will get more real-time usage similar to bitcoin. So, further we'll get into discussion of some country officially adopting ethereum as the legal tender.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
August 15, 2022, 04:01:41 PM
#38
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.
Bitcoin is gold, ethereum is silver and it will remain like this. News saying gas fees are going to decrease strengthen ethereum on its position against another altcoins like binance coin, but not at a point of turning it into a menace to bitcoin, which is untouchable. Ethereum has a lot of potential once it becomes cheap and affordable to deal with in a daily basis and many projects will be still developed on its chain, so I guess investors thinking about holding ethereum for the future are doing a smart choice and won't regret later. Even during the hardest times ethereum has proved to be a good choice, now imagine how interesting it can become after the updates.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
August 15, 2022, 03:52:40 PM
#37
Yes, you are correct. People used to HODL precious and not give in to fiat right away in days long gone. Nevertheless, sentiments can change very quickly since markets are influenced by many factors, but I am most concerned with the lack of volume at the moment. No matter how the merge plays out, I believe the ETH ecosystem will continue to pump. Until either of those things happens, I'll ride the wave. It will take me until late September or early October to sell my house.
I definitely agree that we are in a situation where ethereum doesn't have the volume that it deserves. Right now we are on the verge of maybe one of the biggest developments in crypto world for the past 5 years, nothing as big as this happened since creation of bitcoin itself, and yet we do not see the hype for it.

I mean all of crypto people should be super hyped about this, and when the time comes we are going to see maybe 10k per ethereum, who knows? We should be quite happy about this situation. If not, then I am sorry to say this but there will be a lot of people who miss out on this profit chance and they are going to regret that they didn't buy it today.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
August 15, 2022, 03:36:20 PM
#36
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.
Staking is becoming the thing today and everyone wants to have their share to have a passive income. But when PoS comes, this will make the richer rich as they will have the biggest share if they're holding a lot of Ethereum. We will know what will happen next after the merge but if we're talking about long term, ETH is still strong and likely to stay on its place because many will come back for its purpose of having one of the cheapest fees in the market and that will create volume.
Yes, it is very difficult for many users to collect 32 ethereum to participate in staking, so they are practically cut off from staking. But staking plays a slightly different role in ethereum than in regular staking.
Certainly, after a successful upgrade, ethereum will soon grow in all directions. There is not even a doubt about this. I don’t even quite understand why some people doubt the prospects of this coin.
You become a validator for having 32 eths and that's your contribution to the network and at the same time, you'll earn from it. There are pools already that people can join even if they have less than 32 eths. Eth is currently big and at the 2nd spot but after the merging, I think that it will grow bigger than before.
Well, I've just wished that I've bought more than 32 eth before but I've sold some during the bull run and I've got less than right now.
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