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Topic: Will 2020 be ETH's biggest year yet? - page 3. (Read 2067 times)

legendary
Activity: 1932
Merit: 1000
February 25, 2020, 08:48:26 PM
0.04 to 0.05 might not be considered as a growth if btc value will drop, imagine if bitcoin will dump to $3000 again and the price of ETH is 0.05 btc, that would still be lower than the current price, that is just equivalent to $150, and actually investors does not measure based on sats value but on dollar value.
it's hard indeed if the price of bitcoin goes down because Ethereum itself depends on the price of bitcoin but I believe the price of bitcoin won't fall that badly, at least it can still be above $ 5k, but we don't know the future how we can only wait
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
February 25, 2020, 03:48:01 PM
Few altcoins will halve this year as well, especially Bitcoin forks, as for Ethereum is a new thing switching from Proof of work to Proof of Stake but I don't expect a huge price growth just because of the POS implementation, ETH will still depend on Bitcoin

The fact that Ethereum depends on Bitcoin to succeed, tell us that every 4 years of Bitcoin's halving will be the most prominent ones for the ETH blockchain. The BTC halving coupled with ETH's switch from PoW to PoS could make this year (2020) one of the biggest ones for the world's second-largest cryptocurrency by market cap. But no one knows for sure what will happen next, since crypto behaves in strange and bizarre ways.

If the ETH dev team decides to delay the PoS upgrade again, we might have to wait another year (or a few more years from now) in order to see ETH gain traction within the mainstream world. As long as ETH remains as is, people will have no motivation to buy it. The ETH blockchain needs to scale if it wants to provide real use cases for the mainstream world. After all, smart contracts cannot work as intended with limited transaction capacity of the main chain. With an upgraded version of the Ethereum blockchain, smart contract's performance will rise at an unprecedented rate. Only then, people will gain the "FOMO" sentiment buying as much ETH as they can. As a result, companies and businesses will join the "ETH train" in order to boost the adoption of ETH worldwide. Cheesy



An additional factor in increasing the demand for ETH will be that in order to create a validator (which should be a lot in the system), 32 ETH will need to be locked. As I understand it, from the news announcements issued by the ETH team, the number of validators will be huge.

Yes. But even so, people will be able to stake ETH using staking pools. 32 ETH will only be accessible to big whales and players in the industry. I've seen an announcement somewhere across the web by Vitalik that the 32 ETH requirement will be lowered over time once "Sharding" is implemented at full scale within the ETH blockchain. If that's so, it'll become much easier for anyone to participate in ETH's consensus for greater decentralization of the world's second-largest cryptocurrency by market cap. It's no secret that the PoS upgrade will encourage people to hoard more ETH than they'll ever spend. If implemented this year, you could expect prices to rise at an unprecedented rate. Wink
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
February 22, 2020, 05:01:53 AM
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If I'm right, this year could be such where Ethereum upgrades towards Casper PoS. Once that happens, people will gain the "FOMO" sentiment by buying as much ETH as they can (resulting in higher prices over time). But even if this year doesn't turn out to be the biggest one for ETH yet, it'll be remembered as such where Bitcoin experienced a reduction in its block reward. At least, Bitcoin's halving event will have a positive influence over Ethereum's price within the short term.
~

An additional factor in increasing the demand for ETH will be that in order to create a validator (which should be a lot in the system), 32 ETH will need to be locked. As I understand it, from the news announcements issued by the ETH team, the number of validators will be huge.
hero member
Activity: 3052
Merit: 685
February 22, 2020, 04:26:39 AM
Well, basically an increase in the price of bitcoin or dollars, I feel it's the same. Most importantly, ethereum prices can reach high prices this year.
The most important is that ETH will rise this year, it doesn't matter if it values 0.05btc per ETH as long as it's value will be $1,000.. I think that sounds more better and easy to understand that there's really an increase. I remember when I was still new, I tend to check on CMC using the satoshi value... but the picture is more clear if I will convert it to USD, but anyway, everyone has their own style of appraising the market.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 22, 2020, 04:03:17 AM
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0.04 to 0.05 might not be considered as a growth if btc value will drop, imagine if bitcoin will dump to $3000 again and the price of ETH is 0.05 btc, that would still be lower than the current price, that is just equivalent to $150, and actually investors does not measure based on sats value but on dollar value.
agree, but imagine if the price of bitcoin is lower than what I mentioned, and in the bitcoin pair, the price of ethereum has a price of 0.027 BTC (currently), wouldn't it be even lower.
right now, to be honest I'm watching the rise in ethereum prices based on the value of the bitcoin. on a bitcoin scale, from the beginning of 2020, the price of ethereum is 0.018 BTC, and currently the price is 0.027 BTC, which means that ethereum prices reached an increase of 0.01 BTC within 1 month, which makes it a price of $ 130 at the beginning of the year, to $ 262 now with the help bitcoin price increase. so, if ETH can reach the price of 0.04 or 0.05 in the current bitcoin pair, the price can be $ 386 if calculated at the current price. Well, basically an increase in the price of bitcoin or dollars, I feel it's the same. Most importantly, ethereum prices can reach high prices this year.
hero member
Activity: 2856
Merit: 674
February 22, 2020, 01:33:06 AM
We couldn't really tell since the biggest year so far was at 2017.
When I think almost all of the crypto made their ATH,
And I think ETH couldn't break it's current record even for this year we wouldn't see it reach or surpass it's ATH.
ETH is indeed developing this year, but so far the development is not so big. however, I think ethereum can reach 0.04 to 0.05 BTC this year. however, I think it depends on the development of bitcoin prices. so far bitcoin is stable in the range of $ 9500 to $ 10100. if the price of bitcoin exceeds that, there is a chance for ethereum to rise again. however, for the new ATH, it seems like it's still a bit difficult.
0.04 to 0.05 might not be considered as a growth if btc value will drop, imagine if bitcoin will dump to $3000 again and the price of ETH is 0.05 btc, that would still be lower than the current price, that is just equivalent to $150, and actually investors does not measure based on sats value but on dollar value.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 22, 2020, 01:17:43 AM
We couldn't really tell since the biggest year so far was at 2017.
When I think almost all of the crypto made their ATH,
And I think ETH couldn't break it's current record even for this year we wouldn't see it reach or surpass it's ATH.
ETH is indeed developing this year, but so far the development is not so big. however, I think ethereum can reach 0.04 to 0.05 BTC this year. however, I think it depends on the development of bitcoin prices. so far bitcoin is stable in the range of $ 9500 to $ 10100. if the price of bitcoin exceeds that, there is a chance for ethereum to rise again. however, for the new ATH, it seems like it's still a bit difficult.
member
Activity: 742
Merit: 16
February 22, 2020, 01:01:57 AM
Few altcoins will halve this year as well, especially Bitcoin forks, as for Ethereum is a new thing switching from Proof of work to Proof of Stake but I don't expect a huge price growth just because of the POS implementation, ETH will still depend on Bitcoin
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
February 22, 2020, 12:33:30 AM
We couldn't really tell since the biggest year so far was at 2017.
When I think almost all of the crypto made their ATH,
And I think ETH couldn't break it's current record even for this year we wouldn't see it reach or surpass it's ATH.

I think the increase in ETH will continue to grow again and I think if halving has not occurred then it is likely to rise again but to record reaching ATH again I do not know and cannot predict but this vital coin is able to recover as the market develops and occurs bullish again.
Ethereum is still developing their project goals in various countries. I am sure that ETH will be better known in the community.
sr. member
Activity: 1176
Merit: 301
February 21, 2020, 11:53:17 PM
We couldn't really tell since the biggest year so far was at 2017.
When I think almost all of the crypto made their ATH,
And I think ETH couldn't break it's current record even for this year we wouldn't see it reach or surpass it's ATH.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
February 21, 2020, 05:02:15 PM
In fact, everything is interdependent and it is not clear what is more important. But I think that you will not argue with the fact that if the ETH drops to $ 10 now, then bitcoin will also fall. A huge part of the market depends on ETH.
Here is some very interesting information about the correlation between ETH and the market: Ethereum is the most correlated crypto asset, research shows

Good to know. I believe that such behavior is attributed to the fact that most tokens are based off the ETH blockchain. After all, ERC-20 tokens dominate a large portion of the crypto market. A massive downfall in ETH's price could lead most cryptocurrencies & tokens towards new lows in price. It's no secret that both Bitcoin and Ethereum are directly linked in crypto land. Considering that Ethereum is the world's second-largest cryptocurrency by market cap, it has a large prominence over the entire crypto/Blockchain industry. I'd expect that once scalability improvements start rolling in, the price per ETH will rise like never before. No one knows when the "excitement" will happen again, as everything will depend on the project's developers' release of new upgrades for the ETH blockchain.

If I'm right, this year could be such where Ethereum upgrades towards Casper PoS. Once that happens, people will gain the "FOMO" sentiment by buying as much ETH as they can (resulting in higher prices over time). But even if this year doesn't turn out to be the biggest one for ETH yet, it'll be remembered as such where Bitcoin experienced a reduction in its block reward. At least, Bitcoin's halving event will have a positive influence over Ethereum's price within the short term.

Nonetheless, it's certain that ETH has a very bright future ahead of it. With a prominent development team and Vitalik by its side, Ethereum could reach new heights. Hopefully, we'd get to see something new and exciting for ETH during the course of this year. Just my thoughts Grin
sr. member
Activity: 445
Merit: 250
February 21, 2020, 01:36:56 PM
So far ETH is not surprising, with the usual downturn and growth in the market now happening at ETH, I wouldn't venture to say that this will be the best year for ETH.
full member
Activity: 1750
Merit: 118
February 21, 2020, 01:07:08 PM
Ethereum does it slowly but for me it is certain, and again everything still depends on the conditions of the price of bitcoin. Ethereum is looking for the right time.

In fact, everything is interdependent and it is not clear what is more important. But I think that you will not argue with the fact that if the ETH drops to $ 10 now, then bitcoin will also fall. A huge part of the market depends on ETH.
Here is some very interesting information about the correlation between ETH and the market: Ethereum is the most correlated crypto asset, research shows
thanks for the links buddy . didnt knew that eth have a relation to btc too ? but i knew that eth have a relation to tokens and altcoins.  i also agree when you say independent because that is what i also notice  . i see that the value of eth is still stable but the value of bitcoin dropped again from the late 10k usd plus.  for sure he will not aruge if ever eth drop followed by btc because they think its not the fault of eth but not until now because you already posted a reason of the relation of eth to btc
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
February 21, 2020, 12:10:14 PM
Ethereum does it slowly but for me it is certain, and again everything still depends on the conditions of the price of bitcoin. Ethereum is looking for the right time.

In fact, everything is interdependent and it is not clear what is more important. But I think that you will not argue with the fact that if the ETH drops to $ 10 now, then bitcoin will also fall. A huge part of the market depends on ETH.
Here is some very interesting information about the correlation between ETH and the market: Ethereum is the most correlated crypto asset, research shows
sr. member
Activity: 1414
Merit: 260
February 21, 2020, 08:33:35 AM
They are to many question in here that I read on when the etherium will be going start to increase or to reach a high price. But Ill think it was only prediction the answer they have because no one can tell if the etherium it could be have a biggest surprise in this year. So for me it would be maybe a time for etherium to rise again just like we saw in the past year ETH are increasing the price so much.
sr. member
Activity: 994
Merit: 261
February 20, 2020, 03:16:04 AM
Ethereum does it slowly but for me it is certain, and again everything still depends on the conditions of the price of bitcoin. Ethereum is looking for the right time.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
February 19, 2020, 03:34:55 PM
Ethereum will back to higher price in this year and not worry with your invetsing last two year with ethereum have higher price, I think you will get back your money with bitcoin keep continue going on to higher price and bring positive side for ethereum.
Patience will bring you to a better end, there is no doubt ethereum despite slow growth but this coin has a good future, but I am not sure that it will reach ATH this year because maybe by halving bitcoin later it will be something that will be very difficult to ethereum is pumping faster and of course it will still take time to break through ATH before.
sr. member
Activity: 700
Merit: 254
February 20, 2020, 03:12:42 AM
Ethereum will back to higher price in this year and not worry with your invetsing last two year with ethereum have higher price, I think you will get back your money with bitcoin keep continue going on to higher price and bring positive side for ethereum.
Yes ethereum will be the price this Year is our expect date but no one can know when. But maybe we still be positive even this year is not the ethereum year we can always wait when the ether begin to move up the price. So it's always think positive and have good faith in ethereum.
full member
Activity: 854
Merit: 140
February 19, 2020, 01:32:29 PM
Ethereum will back to higher price in this year and not worry with your invetsing last two year with ethereum have higher price, I think you will get back your money with bitcoin keep continue going on to higher price and bring positive side for ethereum.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
February 19, 2020, 12:31:17 PM
The main difference is macro indicators. The main one is capitalization. I think you will agree that an increase from 8 billion to 800 looks more real than an increase from 200 billion to at least 2 trillion. If we are talking about growth rates, then I am sure that they will not repeated.

The market will grow because we are expecting adoption here, of course 8 billion to 800 billion is easier to see than 200 billion to  at least a 2 trillion but for sure we will reach at that level as the adoption continues. We have big targets but we need to remain realistic based on the time frame of the target, so if we say 1 year from now I don't expect that we will reach marketcap of 2 billion but I believe if bitcoin will reach its ATH, 1 trillion marketcap is possible since I am also expecting that altcoins will pump.

If governments start issuing their crypto coins, then we will reach this level much faster. The problem is that it will be a fake crypto, in fact there will be no difference from fiat. If we talk about a real crypto, then unfortunately the prospects for its mass adoption are not as good as we would like. People hardly refuse the benefits (yes they exists) that fiat gives them.
From ETH I expect a qualitative leap with a full transition to ETH 2.0, but seeing how everything is slowly developing, I do not hope that this process will be fast.
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