Author

Topic: Lets stay informed of the London Update (Read 263 times)

jr. member
Activity: 64
Merit: 1
July 10, 2021, 09:45:21 PM
#10
Since this is the most likely scenario, I don't think it will happen.
++
All such scenarios consist of three parts: show a miracle - recharge - haircut. Remember Bitcoin 17-18:
1000 -> 5000
5000 -> 3000
3000 -> 20000
legendary
Activity: 3738
Merit: 1708
July 10, 2021, 12:17:55 AM
#9
eth might go a little up but if manipulators dont pump btc's price then eth price will crash faster than it will have gone up to, so exercise caution here, bear market is very close now, soon eth will crash below 400 usd again and btc below 10k. Anyway, I still think manipulators will rise this a little up to get that fools money and then crash very hard, expect a 95-99% crash on most altcoins from top.

I think if it does crash then it'll need to go up first before that happens. This situation is not like 2018 where we kept touching $6K and went up. Back then we had positive funding and everybody assumed that BTC would be over $10K in no-time, everybody was bullish. Now its different. Funding is either flat or negative and there are way too many bears out there. I think people are assuming that $6K is the new $30K and they expect it to break and everybody wants to buy at $20K.

Since this is the most likely scenario, I don't think it will happen. A more realstic situation is BTC breaking the $42K and heading into $50K's and people getting Laser eyes again and everybody calling for $100K bitcoin and funding being positive, that's when we might top. Not right now.

I think this is just a summer slowdown like in July 2013. We will see what happens.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
July 09, 2021, 01:59:50 PM
#8
eth might go a little up but if manipulators dont pump btc's price then eth price will crash faster than it will have gone up to, so exercise caution here, bear market is very close now, soon eth will crash below 400 usd again and btc below 10k. Anyway, I still think manipulators will rise this a little up to get that fools money and then crash very hard, expect a 95-99% crash on most altcoins from top.
legendary
Activity: 1610
Merit: 1026
July 08, 2021, 05:25:23 PM
#7
Hard fork date announced. This information is already in all newsletters

"Anthony Sassano

The London network upgrade (EIP-1559) has been *proposed* to go live on the Ethereum mainnet on the 4th of August 2021 at block number 12,965,000.

Final decision will be made at the core dev meeting on Friday at 14:00 UTC."
https://twitter.com/sassal0x/status/1412425906799484944

https://github.com/ethereum/eth1.0-specs/pull/223
Yeap it is coming on 4 August Sad

And it is a brilliant thing!

https://watchtheburn.com/
This data is from the ropsten testnet.

adaseb,It's good that the price of Ethereum is not going up yet.
If Ethereum cost $ 4,000 or more, then the network hash rate would greatly increase and the profit in coins would decrease.
I am ready to get more coins from mining, and I will help to make a profit when selling.
legendary
Activity: 3738
Merit: 1708
July 07, 2021, 11:28:20 PM
#6
Correct me if I am wrong but from what I can remember. None of the major ETH upgrades actually had a major effect on price. Most of the price advances happened months before the actual fork. So I don't think anything major will come of this. Unless perhaps some bug is found last minute and it creates panic because of a potential unintertional fork.

The fact that its been delayed does not surprise me. I remember there was some upgrade in the past, where a dev discovered some "minor" bug last minute and all the exchanges and pools had to revert to the old software.

Either way, I think the fork will go smoothly without any issues.
full member
Activity: 583
Merit: 106
July 07, 2021, 04:17:16 PM
#5
Hard fork date announced. This information is already in all newsletters

"Anthony Sassano

The London network upgrade (EIP-1559) has been *proposed* to go live on the Ethereum mainnet on the 4th of August 2021 at block number 12,965,000.

Final decision will be made at the core dev meeting on Friday at 14:00 UTC."
https://twitter.com/sassal0x/status/1412425906799484944

https://github.com/ethereum/eth1.0-specs/pull/223
Yeap it is coming on 4 August Sad

And it is a brilliant thing!

https://watchtheburn.com/
member
Activity: 1196
Merit: 26
July 07, 2021, 02:38:48 PM
#4
Hard fork date announced. This information is already in all newsletters

"Anthony Sassano

The London network upgrade (EIP-1559) has been *proposed* to go live on the Ethereum mainnet on the 4th of August 2021 at block number 12,965,000.

Final decision will be made at the core dev meeting on Friday at 14:00 UTC."
https://twitter.com/sassal0x/status/1412425906799484944

https://github.com/ethereum/eth1.0-specs/pull/223
Yeap it is coming on 4 August Sad
legendary
Activity: 1610
Merit: 1026
July 07, 2021, 12:03:53 PM
#3
Hard fork date announced. This information is already in all newsletters

"Anthony Sassano

The London network upgrade (EIP-1559) has been *proposed* to go live on the Ethereum mainnet on the 4th of August 2021 at block number 12,965,000.

Final decision will be made at the core dev meeting on Friday at 14:00 UTC."
https://twitter.com/sassal0x/status/1412425906799484944

https://github.com/ethereum/eth1.0-specs/pull/223
member
Activity: 227
Merit: 12
July 06, 2021, 09:38:59 AM
#2
Lol I don't believe this update will come anytime soon until ETH team make it happened, they are the least I trust when it comes to releasing a new upgrade or fork updates to help their project, let's wait and see what happens this time
member
Activity: 438
Merit: 27
July 05, 2021, 11:52:22 PM
#1
The London update should come in July. Now it might come later - much later...
Lets keep on track. So if anybody finds some updates, pls post.

https://www.coinspeaker.com/ethereum-london-hard-fork/
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