Topic: So the ETH merge has finally happened - page 4. (Read 650 times)
I think if the desired price increase will not be instant, everything will be processed. The market will see its development for some time, but in the long term this is a big leap and will have very bright prospects
The long awaited ETH merge has finally happened today and thing went smooth as for the merge from Proof of Work to Proof of Stake.
I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.
There were also rumors that a hard form might occur but we didn't see any of that happening.
So what do you guys think, what's next with Ethereum ?
I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.
There were also rumors that a hard form might occur but we didn't see any of that happening.
So what do you guys think, what's next with Ethereum ?
I feel sorry for all GPU miners around the world, this is the moment that the GPU price will definitely drop too, Anyway I can't see any good impact of this merging, and the price of ETH dop a little bit, I think in this merging many eth base token will follow eth steps, and this was a total chaos to the miner community.
The long awaited ETH merge has finally happened today and thing went smooth as for the merge from Proof of Work to Proof of Stake.
I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.
I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.
Yeah it really seems like that whole merge was working as intended and no major hickups have happened. Therefore i am pretty surprised that the price of ETH went down more than 100$ today. The old saying buy the rumor sell the news is also not correct here because the news that the merge would happen this september already made the price pump to almost 2000$ per ETH. a few weeks back. So i don't really understand why ETH is dumping now, when everything worked so smoothly. I think we should not underestimate the number of unhappy miners that may be selling off their ETH now after the merge. Who knows.
today after the merger was announced by vitalik, the price of ETH is going down and there are other things that I hope to go down is the transaction fee of gwei gas which should be cheaper and can be like BNB which focuses on 5 gwei per transaction, ETH is still very high in fees so that may be disappointing me, I can only hope that ETH transaction fees can be much cheaper in the future from this merger, everyone is still careful now to buy it because it could be dumped after the previous ETH price touched $1700 but if investing for the long term take now is the price right
You didn't learn about this merge event so it let you down. No one said at the beginning that ethereum's gas fee will decrease with Pos upgrade, that's just a misinterpretation of many people. The merger is just the first country making Ethereum more mature, gas fees as well as expansion will improve in the future as other updates come. Everything will be fixed but not now.
As it's very difficult to predict whether ethereum will be dumped or rise from here, buying ethereum right now is not recommended. Things are still not clear, currently it can be seen that the price is trending down but very slowly.
up to the investor if he will buy this time or not. though we haven't seen the rise of eth's price during this event, it doesn't mean it won't rise in the coming months. maybe it is affected also by the bitcoin's price. remember, most alts are just following the btc performance in the market. also, regarding the gas fee - it is right that most people are expecting that it will go down once the merger happened, but it is not.
but look at the gas tracker now, and it is really low as compared to the last time i checked it -
Seems just 2 addresses hold 46% of the PoS nodes https://finbold.com/only-2-addresses-control-46-of-all-ethereums-pos-nodes-for-processing-transactions-post-merge/
These 2 already mined 293 blocks since the merge
So much for the decentralized part
These 2 already mined 293 blocks since the merge
a trustless, decentralized database enjoying security enforced by the austere relentlessness of cryptography and a robust transaction system capable of sending value across the world without intermediaries.
So much for the decentralized part
today after the merger was announced by vitalik, the price of ETH is going down and there are other things that I hope to go down is the transaction fee of gwei gas which should be cheaper and can be like BNB which focuses on 5 gwei per transaction, ETH is still very high in fees so that may be disappointing me, I can only hope that ETH transaction fees can be much cheaper in the future from this merger, everyone is still careful now to buy it because it could be dumped after the previous ETH price touched $1700 but if investing for the long term take now is the price right
You didn't learn about this merge event so it let you down. No one said at the beginning that ethereum's gas fee will decrease with Pos upgrade, that's just a misinterpretation of many people. The merger is just the first country making Ethereum more mature, gas fees as well as expansion will improve in the future as other updates come. Everything will be fixed but not now.
As it's very difficult to predict whether ethereum will be dumped or rise from here, buying ethereum right now is not recommended. Things are still not clear, currently it can be seen that the price is trending down but very slowly.
...I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly...
Once again, we saw how the "Buy the Rumour, Sell the News" trading strategy worked flawlessly. As soon as the date of the Ethereum merger was officially announced, we saw an increase in ETH to $2000 and, accordingly, when the merger took place, we see a decrease in price.
Well I am glad the merger happening is now behind us, to be honest it was very well talked about and also caused some FUD and FOMO. But amidst all the hype, News and Rumors. I still felt if the merger would have any impact it won't be sudden and so far there has not been any tangible effect on the market yet, but as times goes by we would witness some, my expected impact are.
#Increase in the usage of Ethereum network
# influx of Ethereum based tokens
# Fluctuation in Ethereum price but I don't see a positive effect in the price yet.
This merge is also capable of affecting price of many other Altcoins as a result of FUD and FOMO.
#Increase in the usage of Ethereum network
# influx of Ethereum based tokens
# Fluctuation in Ethereum price but I don't see a positive effect in the price yet.
This merge is also capable of affecting price of many other Altcoins as a result of FUD and FOMO.
Pretty cool seeing a deflationary coin. I wish I hadn't been so dismissive of Ethereum early on, but I had blinders on. It really is a marvel and I don't think it's going anywhere anytime soon. In fact, now that it's deflationary and can be staked at a high %, it's basically a fund manager's wet dream. All that ETH holders need now is time and it's likely that the per coin price will surpass Bitcoin's someday. Sure, it may take 100+ years and we'll all be dead, but I have no doubt that if the supply keeps lowering, Ethereum will be Wall Street's darling in the 22nd century.
The most Awaited event finally Happened and world no 2 coin Ethereum now became Proof of stake. It was risk for Ethereum to down more than 20% because of huge sell in proof of work but everything is fine now and Ethereum price not dumped much. Now next step for Vitalik to do some big for fee because transaction fee is same like before. Transaction speed is now ok but fee is biggest issue for Ethereum for some years
I don't see a massive selling happening right now but I think miner GPU's will be over flowing in the market in the next few weeks once miners realize that mining is not much profitable. Don't get me wrong, There are still minable tokens but those aren't profitable as much as ETH so maybe other miners are trying to keep their GPU for as long as they can. Though I've seen used mining GPU selling in the market right now at a low cost and I think it can go lower once miners released their GPU's. 
...I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly...
Once again, we saw how the "Buy the Rumour, Sell the News" trading strategy worked flawlessly. As soon as the date of the Ethereum merger was officially announced, we saw an increase in ETH to $2000 and, accordingly, when the merger took place, we see a decrease in price.
The most Awaited event finally Happened and world no 2 coin Ethereum now became Proof of stake. It was risk for Ethereum to down more than 20% because of huge sell in proof of work but everything is fine now and Ethereum price not dumped much. Now next step for Vitalik to do some big for fee because transaction fee is same like before. Transaction speed is now ok but fee is biggest issue for Ethereum for some years
Do we get any free fork coin as we got BCH when bitcoin was forked?
Can someone please explain to me why did the merge cause the price to go down? I am not saying that people shouldn't sell or anything, I just do not understand the logic behind it and makes me feel like there is a good chance we just end up holding a little while longer and make a quick profit if its just about peoples perseption of it. There doesn't seem like any good valid reasons to sell right now to me, but maybe I am missing something, if people explained to me what seems to be the main reason why they are selling, then maybe I would understand and I would sell too, but couldn't figure out myself.
It's common that people to sell their holding after the event or maybe its the whale manipulation to bring the price down and forcing people to sell in panic. Just wait for a day a two and let the exchanges/whales do their drama to exploit the situation. Once this is over, i can see new all time highs for Ethereum.
Can someone please explain to me why did the merge cause the price to go down? I am not saying that people shouldn't sell or anything, I just do not understand the logic behind it and makes me feel like there is a good chance we just end up holding a little while longer and make a quick profit if its just about peoples perseption of it. There doesn't seem like any good valid reasons to sell right now to me, but maybe I am missing something, if people explained to me what seems to be the main reason why they are selling, then maybe I would understand and I would sell too, but couldn't figure out myself.
There will be no new hardfork coin but those miners are creating collution to launch their own ethereum called ETHPOW. This coin is likely to be another scam created by miners. Miners are greedy and people shall not buy that. ETHW was just another shitty fork coin created by greedy miners like BCH, BTG and many more. The fork coin is a way for miners to keep getting more and more money through dumping their scam coin to the stupid people who are still buying it for now. Ethereum miners are scammers.
I will never buy ETHW
I will never buy ETHW
The most Awaited event finally Happened and world no 2 coin Ethereum now became Proof of stake. It was risk for Ethereum to down more than 20% because of huge sell in proof of work but everything is fine now and Ethereum price not dumped much. Now next step for Vitalik to do some big for fee because transaction fee is same like before. Transaction speed is now ok but fee is biggest issue for Ethereum for some years
I think there many things that are happening in the background. Like miners might be holding on their ETH to check whether the prices are going up or down! They might be waiting for the soft point to sell off. May be this will be triggering point for the heavy dump of the ETH. That could be one of the reason for slow selling of ETH and in addition to this we have not considered investors to miners ratio and I presume investors are more in number than miners thus it gives more odds of “hodling” eth rather than selling it. This could be balancing out the whole scenario.
The long awaited ETH merge has finally happened today and thing went smooth as for the merge from Proof of Work to Proof of Stake.
I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.
There were also rumors that a hard form might occur but we didn't see any of that happening.
So what do you guys think, what's next with Ethereum ?
There is. Cause I saw an announcement made by FTX that they are gonna support the trading of ethw/usd and currently been trading now. I saw it a while ago after the eth merge and the value is at 24$ per coin but dont know now. Ethereum 2.0 is probably adjusting cause there are none dapp yet and probably some bugs were gonna see on the network like the 1st nft mitned for 36eth gas what an insane fee which probably an error or dont know. I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.
There were also rumors that a hard form might occur but we didn't see any of that happening.
So what do you guys think, what's next with Ethereum ?
today after the merger was announced by vitalik, the price of ETH is going down and there are other things that I hope to go down is the transaction fee of gwei gas which should be cheaper and can be like BNB which focuses on 5 gwei per transaction, ETH is still very high in fees so that may be disappointing me, I can only hope that ETH transaction fees can be much cheaper in the future from this merger, everyone is still careful now to buy it because it could be dumped after the previous ETH price touched $1700 but if investing for the long term take now is the price right
The long awaited ETH merge has finally happened today and thing went smooth as for the merge from Proof of Work to Proof of Stake.
I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.
There were also rumors that a hard form might occur but we didn't see any of that happening.
So what do you guys think, what's next with Ethereum ?
I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.
There were also rumors that a hard form might occur but we didn't see any of that happening.
So what do you guys think, what's next with Ethereum ?
Okay so I have seen posts that because of the merge, ETH will become even more deflationary as it transitions from PoW to PoS. This is going to be a very interesting crypto to watch for the upcoming few weeks to months after the successful merge.
It's just sad that my almost 2 ETH is gone thanks to those hackers way back April 2022. However, my sister still holds a little bit of ETH so she would really benefit in the long term if continuing to hold.
The long awaited ETH merge has finally happened today and thing went smooth as for the merge from Proof of Work to Proof of Stake.
I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.
There were also rumors that a hard form might occur but we didn't see any of that happening.
So what do you guys think, what's next with Ethereum ?
I personally thought that ETH would dump as soon as the merge would happen and I can see that it is dumping in price but slowly.
There were also rumors that a hard form might occur but we didn't see any of that happening.
So what do you guys think, what's next with Ethereum ?
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