Is this another Ethereum season - page 2.

livingfree

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Quote from: KennyR on August 11, 2021, 07:19:20 PM

Quote from: livingfree on August 11, 2021, 06:56:47 PM

Quote from: FloridaKid on August 11, 2021, 01:28:17 PM

It's more than just Ethereum right now, the London fork did some trick on adoption but BTC price is bullish too making other altcoins to follow too so yeah I can say bulls are back but be careful cos this might be a huge bull trap and will unlock the door to the real bear market

You know that when these two goes on high.

Both of them are also going up but it's a sign for bitcoin first and then Ethereum goes next. The london hard fork did really a lot on this pump that we're seeing.

The bulls are back but we don't know how low and how long it'll stay.

The bulls are back in the market, but now it doesn't look like a perfect bullish trend. For some reason this growth pattern will continue, because traders keep on scalping to generate profit. This keeps the volume in a stabilized manner than moving downside. With ethereum the London fork has made a big demand on ethereum through its burn. This is now getting reflected on its growth.

The pattern is there and we knew it that it won't be a continuous trend. Some slips may happen and that's pretty normal.

With a total of $100M burn.

That's the total amount that has the ethereum network has burned when the london hard fork was done implementing it. That's a lot of money being burned and it will continue.

2tang

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Maybe he means correction instead of bear, bear market indicates a continues price drop for a period of timeline but right now bitcoin is just encounter a normal correction after several pump days before. So we need to see if it's break it's support, maybe the price could go lower but i'm sure the support is strong enough to resist

Let's see together whether the support for Bitcoin can be very hefty and strong in resisting this decline, because when Bitcoin is down by around 4% only, others will also follow, this is evidence that no one can dispute, because everyone can see right away market now.

iged_war

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Quote from: FloridaKid on August 11, 2021, 01:28:17 PM

It's more than just Ethereum right now, the London fork did some trick on adoption but BTC price is bullish too making other altcoins to follow too so yeah I can say bulls are back but be careful cos this might be a huge bull trap and will unlock the door to the real bear market

almost all coins recover their condition in few weeks or days ago, bullish trend in bitcoin drive all altcoin movment . analisya market dinamicly could help us from bear trapped.

Quote from: ?? on ??

The bear market has occurred after April this year and now is the time for the market to correct all that although there is still a possibility for a correction to occur again, but from the conditions that everyone has seen now, the market conditions are getting better.

its already for long time ago and we deserve to see bitcoin recover today after for weeks we hold our assets which is its value decrease.

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Quote from: shogun47 on August 12, 2021, 05:19:24 AM

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Quote from: FloridaKid on August 11, 2021, 01:28:17 PM

It's more than just Ethereum right now, the London fork did some trick on adoption but BTC price is bullish too making other altcoins to follow too so yeah I can say bulls are back but be careful cos this might be a huge bull trap and will unlock the door to the real bear market

The bear market has occurred after April this year and now is the time for the market to correct all that although there is still a possibility for a correction to occur again, but from the conditions that everyone has seen now, the market conditions are getting better.

How in the world can you call this market a bear market? Have you ever seen what a bear market is like? After 2017 crypto was a bear market, liquidity going down, trading volume going down, price going down and everything goes down slowly and consistently, no intermediate recoveries, just consistently going down with no turnaround in sight. That is a bear market. This was a correction as we have seen it so many times in the past. This market is still in bull modus as we can see in front of our eyes right now.

I don't know if it's a typo error, maybe he meant the bull market occurs in April this year as based on the https://coinmarketcap.com/currencies/bitcoin/, bitcoin has achieved its ATH this April with $63K+. There's the graph as the evidence, we can verify that.

shogun47

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Quote from: FloridaKid on August 11, 2021, 01:28:17 PM

It's more than just Ethereum right now, the London fork did some trick on adoption but BTC price is bullish too making other altcoins to follow too so yeah I can say bulls are back but be careful cos this might be a huge bull trap and will unlock the door to the real bear market

The bear market has occurred after April this year and now is the time for the market to correct all that although there is still a possibility for a correction to occur again, but from the conditions that everyone has seen now, the market conditions are getting better.

How in the world can you call this market a bear market? Have you ever seen what a bear market is like? After 2017 crypto was a bear market, liquidity going down, trading volume going down, price going down and everything goes down slowly and consistently, no intermediate recoveries, just consistently going down with no turnaround in sight. That is a bear market. This was a correction as we have seen it so many times in the past. This market is still in bull modus as we can see in front of our eyes right now.

shogun47

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Quote from: livingfree on August 11, 2021, 06:56:47 PM

Quote from: FloridaKid on August 11, 2021, 01:28:17 PM

It's more than just Ethereum right now, the London fork did some trick on adoption but BTC price is bullish too making other altcoins to follow too so yeah I can say bulls are back but be careful cos this might be a huge bull trap and will unlock the door to the real bear market

You know that when these two goes on high.

Both of them are also going up but it's a sign for bitcoin first and then Ethereum goes next. The london hard fork did really a lot on this pump that we're seeing.

The bulls are back but we don't know how low and how long it'll stay.

The London fork was maybe just the perfect timing for whales to give Ethereum a little push. The fork itself did probably not improve that much for the individual user in the sense that the user experiences it right away. It is rather an update that lays the foundation for many more updates to come. It was a critical update so to say but without too much impact on user experience. Correct me if I am wrong here. The real impact on the user level will arrive once we are going to see Ethereum 2.0 with full staking functionality.

KennyR

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Quote from: livingfree on August 11, 2021, 06:56:47 PM

Quote from: FloridaKid on August 11, 2021, 01:28:17 PM

It's more than just Ethereum right now, the London fork did some trick on adoption but BTC price is bullish too making other altcoins to follow too so yeah I can say bulls are back but be careful cos this might be a huge bull trap and will unlock the door to the real bear market

You know that when these two goes on high.

Both of them are also going up but it's a sign for bitcoin first and then Ethereum goes next. The london hard fork did really a lot on this pump that we're seeing.

The bulls are back but we don't know how low and how long it'll stay.

The bulls are back in the market, but now it doesn't look like a perfect bullish trend. For some reason this growth pattern will continue, because traders keep on scalping to generate profit. This keeps the volume in a stabilized manner than moving downside. With ethereum the London fork has made a big demand on ethereum through its burn. This is now getting reflected on its growth.

livingfree

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Quote from: FloridaKid on August 11, 2021, 01:28:17 PM

It's more than just Ethereum right now, the London fork did some trick on adoption but BTC price is bullish too making other altcoins to follow too so yeah I can say bulls are back but be careful cos this might be a huge bull trap and will unlock the door to the real bear market

You know that when these two goes on high.

Both of them are also going up but it's a sign for bitcoin first and then Ethereum goes next. The london hard fork did really a lot on this pump that we're seeing.

The bulls are back but we don't know how low and how long it'll stay.

ChaoChibai

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Quote from: BIN-BIN on August 04, 2021, 09:10:36 AM

As of the time of this thread creation, the Ehtereum price is $2,580, which shows a gain of 3.21%, as the Bitcoin price plumbed to $37 before recovering to above 38k at the moment. This indicates Ehtereum continued to rise in price over the last week when Bitcoin made a $42k stop.
As the Ethereum network prepare for another hard fork on the 5th of this month lots of analyse including myself think that we are heading for another ethereum bull market.

I think this pump up is especially for ethereum. That's righr if you said it is ethereum season because the price is so sky rocket and have been doubled in price compare to last month. Maybe it wil become $4,000 soon and for sure can reach new ATH if this trend is sustainable.

FloridaKid

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It's more than just Ethereum right now, the London fork did some trick on adoption but BTC price is bullish too making other altcoins to follow too so yeah I can say bulls are back but be careful cos this might be a huge bull trap and will unlock the door to the real bear market

VanDeinsberg12

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I think so after the major upgrade ethereum has been improve a lot and there so many eth has been burnt.

Agreed and i see that from the ethereum burn bot on twitter if there are some transactions that were making ethereum to burn more rather than what it can produce, if this will be continue and then ethereum will be entering into the deflation mode and that will become the main point why ethereum can increase in the future.
It seems like it can prevent the inflation

imamusma

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I think this is really an ethereum season because ethereum make a very bullish price because of the London hard fork, but I think it is not only n ethereum season, because we are also experiencing bitcoin season both ethereum and bitcoin really make a new world breaking price this year.

That's right, Bitcoin and Etherum are now really in very good shape, apart from being bullish because of the London hard fork on Ethereum, because usually when Bitcoin experiences a price fix in the market, Ethereum will also experience the same because Ethereum is a very fast coin and very often follows the price movement of Bitcoin.

kumala_abi

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I think so after the major upgrade ethereum has been improve a lot and there so many eth has been burnt.
There is a big chance for ethereum to beat bitcoin in top 1 marketcap, i think it just matter of time ETH to take 1st position from bitcoin.

It can happen, but taking over the first position on coinmarketcap is a very difficult thing for ETH because the one in first place is Bitcoin and it is the king of all coins so the difficulty of taking his position is clearly very visible even though it can be very possible.

supply will be main problem why ethereum difficult to replace bitcoin as first place in crypto currency market. fundamentally it have equal quality moreover ethereum have smart contract feature. while core developers doing something with eth supply and network fee , i am believe it will explode soon and possible to replace bitcoin.

DOH!

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Quote from: Bitstar_coin on August 07, 2021, 04:06:53 PM

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ethereum is currently very hype, the price of ethereum has also gone up very drastically compared to other altcoins or even beat bitcoin's rise, although the market is starting to look good and rising, but ethereum is at the forefront, this is due to the ethereum london hard fork that is being awaited wait a lot of people

I don't think the eth fork is the one responsible for the price pump, the market was already looking like it is about to recover slowly, eth 2.0 may have a little significant change but not as some people are describing it, eth no doubt is the most top altcoin in the market, for that reason many top people trust wth and won't hesitate to invest in it.

I think the ETH hardfork is a trigger right now for the market - imagine it's caffe. But it is not offering a beer like bitcoin. The issues surrounding the crypto-additional law amendment are making waves. With ETH 2.0 providing a fairly large burn process, it will basically increase the long-term value. Staked for ETH also becomes a big obstacle because it costs 32 ETH, so they will look to other services to stake ETH. But it is also the impact is there and I guess ETH will generate new ATH sooner.

ChaoChibai

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Quote from: BIN-BIN on August 04, 2021, 09:10:36 AM

As of the time of this thread creation, the Ehtereum price is $2,580, which shows a gain of 3.21%, as the Bitcoin price plumbed to $37 before recovering to above 38k at the moment. This indicates Ehtereum continued to rise in price over the last week when Bitcoin made a $42k stop.
As the Ethereum network prepare for another hard fork on the 5th of this month lots of analyse including myself think that we are heading for another ethereum bull market.

Yes of course, be ready for ethereum season this month. The price is increasing more than 60% compare to last month. I really think the price is pumping day by day. Two weeks from now, let's see what will happen to the market. There are so many surprises in crypto, we will absolutely regret the chance that we did not bought the coin when the price was dump.

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Quote from: anandaijun on August 08, 2021, 04:04:17 AM

Quote from: BIN-BIN on August 04, 2021, 09:10:36 AM

As of the time of this thread creation, the Ehtereum price is $2,580, which shows a gain of 3.21%, as the Bitcoin price plumbed to $37 before recovering to above 38k at the moment. This indicates Ehtereum continued to rise in price over the last week when Bitcoin made a $42k stop.
As the Ethereum network prepare for another hard fork on the 5th of this month lots of analyse including myself think that we are heading for another ethereum bull market.

Ethereum keeps pumping and today the price of Ethereum is $3,140K according to the coinmarketcap site. That price in my opinion will continue to increase and will stop at $4K. I'm sure of it.

Lol, how can you be so sure of it? Why make it $4k only? why make it stop?
I know any basis is acceptable because it's our own prediction, but $4k for me is just too small if we believe that the current condition is bullish and the bull run is back.

anandaijun

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Quote from: BIN-BIN on August 04, 2021, 09:10:36 AM

As of the time of this thread creation, the Ehtereum price is $2,580, which shows a gain of 3.21%, as the Bitcoin price plumbed to $37 before recovering to above 38k at the moment. This indicates Ehtereum continued to rise in price over the last week when Bitcoin made a $42k stop.
As the Ethereum network prepare for another hard fork on the 5th of this month lots of analyse including myself think that we are heading for another ethereum bull market.

Ethereum keeps pumping and today the price of Ethereum is $3,140K according to the coinmarketcap site. That price in my opinion will continue to increase and will stop at $4K. I'm sure of it.

shogun47

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Quote from: bitterguy28 on August 07, 2021, 06:42:37 AM

Ethereum finally breaks 3,000 level now and seemingly there are more than coming to this currency.

I think while bitcoin is also climbing , the effect of the burning from ethereum network gives this small bull.

but season ? i don't think so as this may stop at any moment now.

Yes although it is hovering around that level I think that this push seems a lot more promising than many of the last minor movements we have seen. It all seemed to quickly be out of steam, but I think this move is real and we might either be stable around $3,000 or even go up further steadily. Both is a welcome development for now.

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Quote from: Teraboy on August 07, 2021, 07:24:22 PM

Quote from: ?? on ??

What do you think, BTC rally also pushing to new ATH?

Bitcoin break the resistance point around 42k and i do believe bitcoin will be making another new ATH again. if we are seeing the whole chart and bitcoin looks very bullish at this moment.
Ethereum willl be only following the direction that will be made by bitcoin. When bitcoin can continue to go up and it's not even impossible to see another ATH for ethereum.
BTC can push another ATH when there will be another good news rolling out to the market especially for the whale that can push community to FOMO

As we are seeing the price of eth right now, it is now above 3k, high likely that it will hit 4k very soon if the btc market continue to go up. And if there will be gas fee reduction, it may further affect the price of eth in the market. Couple of weeks from now, let's see what will happen to crypto market. Sometimes, there are so many surprises here that you will regret the chance that you should have bought the coin.

Teraboy

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Quote from: ?? on ??

What do you think, BTC rally also pushing to new ATH?

Bitcoin break the resistance point around 42k and i do believe bitcoin will be making another new ATH again. if we are seeing the whole chart and bitcoin looks very bullish at this moment.
Ethereum willl be only following the direction that will be made by bitcoin. When bitcoin can continue to go up and it's not even impossible to see another ATH for ethereum.
BTC can push another ATH when there will be another good news rolling out to the market especially for the whale that can push community to FOMO

Topic: Is this another Ethereum season - page 2. (Read 901 times)