Topic: [POLL] After the merge the price of Ethereum will go? (Read 260 times)
Too bad the results of the vote are not visible, but somehow I'm sure that the majority voted for growth. Growth did not happen, the merger passed, and the community is in such a mood, as if it never happened. The hype surrounding the merger was greater than the merger and its aftermath. Now the price broke the support line and went down. There is a chance that ETH will soon be trading at ~$1000.
Do you think the merge will cause a lot of selling as people look to book profits, or will people buy up all they can to enjoy the higher staking %?
People hoped that after the merger of Ethereum the price would increase, but in fact this did not make the price of Ethereum reversed from the price of crypto in general. If we check the current exchange, 98% crypto drop. The market is currently being dominated by stablecoins. Maybe only the market capitalization of Bitcoin can survive, while Alt is one by one taken over by stablecoins. 
ETH Will go down.
I did not see this thread early enough but I voted Ethereum price down before the Merge, I sold my holdings on 13th/Sep/22 for $1.7k+ because I just knew within my self that the price will drop to $1500, just as I presume it happened.
Yes, the price is likely to continue decreasing although there is the Merge news. I did not see this thread early enough but I voted Ethereum price down before the Merge, I sold my holdings on 13th/Sep/22 for $1.7k+ because I just knew within my self that the price will drop to $1500, just as I presume it happened.
The current price of ETH is already about $1.3k and it seems very possible to drop more to $1.2k. You are lucky that you already sold your ETH with the price $1.7k+. The Merge news didn't impact significantly ETH price improvement.
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I sold my holdings on 13th/Sep/22 for $1.7k+ because I just knew within my self that the price will drop to $1500, just as I presume it happened.
I would say you held on to the coin a bit longer as i sold them double the current valuation last year and i am yet to enter once again because i was waiting for the market to go down further below $1000 but now i have to rethink again about entering again since it migrated to POS. franky1 made a great calculation about the price after the migration and it makes sense and it would be better to stay away from Ethereum as you can expect the price to go down further . I sold my holdings on 13th/Sep/22 for $1.7k+ because I just knew within my self that the price will drop to $1500, just as I presume it happened.
The are no two ways about it the merge will affect the price for some time, but that should not be something that will last long currently ethereum is around $1374 a price that is -6.74% below it 24 hours level and that is a sign that the merge did not have too much negative impact on the price of it here. But in the coming days, things may change and the price is expected to move in a positive direction since the network has merged successfully there is no assurance that anyway, the only aspect that will impact is the energy consumption that will be eliminated with the proof of stake algorithm.
As we approach the Ethereum merge (approximately 27 hours away) I'm curious what the community thinks the price will do. Do you think the merge will cause a lot of selling as people look to book profits, or will people buy up all they can to enjoy the higher staking %? Who knows what will happen. Maybe this community?
Be sure to vote which way you think it will go, even if you're not sure.
Be sure to vote which way you think it will go, even if you're not sure.
ETH Will go down.
I did not see this thread early enough but I voted Ethereum price down before the Merge, I sold my holdings on 13th/Sep/22 for $1.7k+ because I just knew within my self that the price will drop to $1500, just as I presume it happened.
Congratulations, you have got the correct speculations to bring in profit. Before the merger, a lot of people were hold their ETH instead of selling it because they hoped to get the new coin, ETHW, and those who didn't sell their ETH also profited from the merger.
Ethereum has dropped below 1500$ as you predicted, have you started buying back ethereum? Or you have lost interest in ethereum because it is no longer a POW coin.
As we approach the Ethereum merge (approximately 27 hours away) I'm curious what the community thinks the price will do. Do you think the merge will cause a lot of selling as people look to book profits, or will people buy up all they can to enjoy the higher staking %? Who knows what will happen. Maybe this community?
Be sure to vote which way you think it will go, even if you're not sure.
Be sure to vote which way you think it will go, even if you're not sure.
ETH Will go down.
I did not see this thread early enough but I voted Ethereum price down before the Merge, I sold my holdings on 13th/Sep/22 for $1.7k+ because I just knew within my self that the price will drop to $1500, just as I presume it happened.
Ethereum price down after merge which was expected before merge. New coins has been airdropped to Etherum holders and POS users sold their Ethereum also . Now Ethereum goes down below 1450$ which is low price in 39 days .
yes , though in other threads the post recently talks about the increase when the merge takes place but since it is already here? look what happened and what is running towards Ethereum.though staying at 14 hundreds ? still strong for the the said downtrend that will take part when this comes.
Even though the merger has been completed, today the price of ethereum coin is still trading at the level of $1.4k, so from this we can conclude that although the merger is the most eagerly awaited event by ETH fans, it unfortunately does not have a positive impact on the price movement of ethereum. Whereas before the merger, the ETH coin was bullish and managed to reach the level of $1.7k, but after the merger the price of the coin suddenly dropped to $1.4k due to simultaneous sales by investors.
I was curious why whole cryptocurrency market is whole down which only Ethereum has this huge Event (The Merge).
This seems to be expected by the majority, succeeds or failed or if got something issue on The Merge, the market is expected to dump.
Overall, this is still good, this dump for me is just for the short term.
This seems to be expected by the majority, succeeds or failed or if got something issue on The Merge, the market is expected to dump.
Overall, this is still good, this dump for me is just for the short term.
Price tanked but it doesn't look big due to the current bear market conditions, maybe the accumulation point will be held by bulls in near future. But the news sell the fact strategy has been proven by market makers, so I didn't expect huge spike on the charts for mentioned reason.
The price have dropped down after the merge is being done. Over time we can expect the market to experience positive changes. As mentioned ethereum will be in its accumulation stage. Huge spike in a short won't happen and I believe there exists a better buying choice same as that happened when price touched $900. 
The update was done and as expected by many, the price will start to drop since many will sell against the news and with this update, you can’t feel it right away. We’ve seen the good pump already on a pre-update news, but now we are now seeing investors taking profit. We might not be able to see ETH to pump right away, the market is down though and it’s not easy to see huge pump on a bear market. This merge is still a huge update, price will start to pump eventually.
with this data just for today ?
(24h Low / 24h High $1,456.90 /$1,644.23)
I think indeed that like what many expect ? it will go down ways and will be on the crisis from this day towards.
yes there might be a increase or something to growth but not this coming weeks, the merge will continues to decline Ethereum market as people who holds will take this opportunity to sell or at least keep on hold.
The update was done and as expected by many, the price will start to drop since many will sell against the news and with this update, you can’t feel it right away. We’ve seen the good pump already on a pre-update news, but now we are now seeing investors taking profit. We might not be able to see ETH to pump right away, the market is down though and it’s not easy to see huge pump on a bear market. This merge is still a huge update, price will start to pump eventually.
I think that is something not related that many sells against the news. That's not the reason for the drop.
The reason is, that the market is still currently in part of the bear trend where most coins are just swinging.
It's hard to build a hype in an altcoin when the whole market is not in a good phase. The merge shouldn't be mistakenly considered as a reason why ETH price should pump eventually. It's an upgrade and part of development, not a market-related activity that can be a reason for a pump.
The update was done and as expected by many, the price will start to drop since many will sell against the news and with this update, you can’t feel it right away. We’ve seen the good pump already on a pre-update news, but now we are now seeing investors taking profit. We might not be able to see ETH to pump right away, the market is down though and it’s not easy to see huge pump on a bear market. This merge is still a huge update, price will start to pump eventually.
The immediate move is bearish. In the long term it'll bounce gaining good momentum. For now everyone will tend to make profit at the top. This will lower the price and now it have come down to $1500. That's a big change to get ended. Slowly the progress can be experienced. Without any flaw things got over, if now something like true ethereum and false ethereum could've created and turns to be controversial. I went ahead and locked the polling. It looks like so far the community is right as the price has declined somewhere close to 10% since the merge. The crazy part is that coins haven't even been unlocked or are tradable yet on most exchanges. This little drop was purely speculation from people trying to buy the rumor and sell the news. Once ETH2 coins start trading on exchanges and people can unlock them from Coinbase and the like, I suspect we'll see another big dip. It will likely only last a few months though. Now that ETH is deflationary, it seems like the value will go crazy at some point. It's just a matter of how long until investment funds scoop up all the access liquidity.
Nothing is assured but most likely this would really be ending up on positive situation in longer runs.I wasnt shocked about the current decline which i could say that it isnt really just that big.It might even go morelower as you said when things turns out for the trade on resume and this is what make things more harder to speculate or guess out because we cant able to determine on how deep would be the price or considered
to be bottom.
For those who do have huge support for ETH specially now on the recent update or changes happened then accumulation on the current price isnt really that a bad idea.
I went ahead and locked the polling. It looks like so far the community is right as the price has declined somewhere close to 10% since the merge. The crazy part is that coins haven't even been unlocked or are tradable yet on most exchanges. This little drop was purely speculation from people trying to buy the rumor and sell the news. Once ETH2 coins start trading on exchanges and people can unlock them from Coinbase and the like, I suspect we'll see another big dip. It will likely only last a few months though. Now that ETH is deflationary, it seems like the value will go crazy at some point. It's just a matter of how long until investment funds scoop up all the access liquidity.
As at now the merger is complete and every one now has is eyes on ethereum. The celebration will continue today and may affect its price (might slight increase) but is it just an hype and can it move up without depending on bitcoin?
My vote is after the merger celebration is gone today Ethereum will still depend on bitcoin's rise
I'm sure there will be lots of talk about it tomorrow. So far it seems like things went off without a hitch. I'm guessing a lot of confused ETH miners are going to wake up tomorrow and wonder why their GPU fans aren't loudly spinning. ETC is already seeing a massive hashrate increase and Ravencoin is seeing price/hashrate increases as well. It will be an educational experience watching how different networks are effected by this.My vote is after the merger celebration is gone today Ethereum will still depend on bitcoin's rise
That is right, they say that hash rates of eth are going to be transferred on other coins and ETC is going to take most of it and then followed by ravencoin as these two coins are also a popular altcoins which miners are mining. Not only educational but can also be interesting for a less experienced person to see how stuffs will work or will be affected such as the networks right after the merge is done.
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Until now, the price of ETH has not changed significantly so we can't say that the ETH update is a sign of the rise of the ETH price. Maybe it's because market conditions are experiencing a correction while the price of bitcoin is also experiencing another correction. But in the long term, the price of ETH will likely be able to increase even higher and maybe even more than the previous ATH. So while we still have time to buy ETH, we better use it before the time runs out and the price increases.
or will people buy up all they can to enjoy the higher staking %?
The merger is an upgrade for Ethereum to improve its current status, hence it is expected that it will have a positive effect on the current price of Ethereum. An improved status for Ethereum network will mean that more person will develop and have more trust in it, this is good and can affect buying behavior positively.
Completely not true. Even there’s an improvement on Ethereum blockchain doesn’t mean that the price will follow on positive side because we are still in the bear market and the reason why Ethereum just make a noise is because of this merge that is now over. I think crypto market is now ready to continue to the original trend before it will bullish again. I don’t see any major reason that will make traders panic buy Ethereum because the global economy especially the US is still in not good condition. Maybe in the future this good effect of Merger will pay off but not with bearish market.
We are about to see a drop. Already, it has fallen. I'm not expecting it, but the entire market is about to crash, look at the daily candle lmao, very weak. I've not placed a bet in a while, but I've shorted every coin runup, such as the Cardano upgrade. The cryptocurrency market has been slow to offer real purchasing opportunities. As a result of the merger, ETH becomes deflationary. It does not mean it will appreciate in value because it is deflationary.
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