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Topic: Will the Ethereum Fork bring about price increase? - page 3. (Read 666 times)

full member
Activity: 700
Merit: 101
ethereum has done hardfork, I am not so sure that this hardfork will make ethereum increase.
Until now the price has not seen a good development in the price of ethereum
member
Activity: 244
Merit: 10
Considering the present market scenario it will not affect the price but in longer run this hard fork will surely help to control the inflation. As the price increase totally depends on market demands & Ethereum have more competitors as compare to its previous ATH run. This competitors are obviously accumulating the ethereum market shares like EOS, TRON, QKC, ADA, ZIL, NEM etc.
newbie
Activity: 15
Merit: 0
A price increase depends on the demand for the new forked chain. And it has been asked for by a lot of people. The only reason it took this long is because of the decentralized nature of PoW. But finally the answer has been done to move to a greener and faster PoS. This is in high demand for its scalability so once it gets under way, theoretically speaking, it should pick up in price too. As for Ethereum classic, cannot really say as the variables that may affect it, especially after the giant bug, is up for debate.
full member
Activity: 420
Merit: 100
I learnt that the ethereum fork will bring about reduction in reward per block for miners from 3ETH to 2ETH thereby causing Ethereum to be scarce.

My question is will the scarcity bring about signifant increase in price?
Much depends on it, but for now the mood is rather pessimistic and one should not expect much growth.
sr. member
Activity: 980
Merit: 261
I learnt that the ethereum fork will bring about reduction in reward per block for miners from 3ETH to 2ETH thereby causing Ethereum to be scarce.

My question is will the scarcity bring about signifant increase in price?

it is not about the scarcity of eth because of fork, as you can remember if you were in the industry long period ago,bitcoin also has fork and now the price is too low, it is about the demand of the people and the help of investors.
sr. member
Activity: 462
Merit: 251
I believe every forking really disturb actual price and mostly lead them into downtrending.
So about ETH, if we see the current situation, It's difficult to see uptrend after forking.
All we can do is wait patiently , just hold it !
Agreed. I don't see Ether pumping now, unless BTC leads the way with green candles.
But once again it's ETH being reliant on BTC, detatching is not going according to plan  Grin
The update of the recent ethereum fork is all about the system enhancement as this will half the mining reward and this will reduce daily dumping from those miners. In the future this will make difference as the amount of ethereum token that will dumps daily will reduce with this upgrade and this will makes the price of ethereum will rise in the coming months.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
The fork news is already priced in the market. Ethereum will increase primarily if market starts going up and not really because of this fork.
Its already pumping now again and I think that hardfork will not bring good price with ETH not unless if we are in a bull market. If bitcoin starts to grow again, the market will follow and ETH also depend on bitcoin so its not east to pump the price alone.
The hardfork especially related to the POS migration will give ethereum a long term sustainable increase. You should read how strong the fundamentals that created by ethereum through its fork. POS switch will become the main bet in the future and this must be true.
full member
Activity: 630
Merit: 100
It will not do much in the short term, it has gone down and now ripple has overtaken ethereum to the number 2 spot. What will increase demand is good quality ICOs running on the ethereum platform, so far there aren't that many compared to last year
full member
Activity: 700
Merit: 101
some people believe this, maybe including me is someone who believes in these statements or predictions. let's just wait for the development of ethereum prices after this fork.
sr. member
Activity: 1372
Merit: 322
It is not about that you will get coin for the fork. It is only a system upgrade like as you said in the first post that block rewards will halve and it will turn into PoS coin. So, ethereum market will get no extra exposure. I do not think it is going to increase the price.
jr. member
Activity: 242
Merit: 7
I believe every forking really disturb actual price and mostly lead them into downtrending.
So about ETH, if we see the current situation, It's difficult to see uptrend after forking.
All we can do is wait patiently , just hold it !
Agreed. I don't see Ether pumping now, unless BTC leads the way with green candles.
But once again it's ETH being reliant on BTC, detatching is not going according to plan  Grin
member
Activity: 868
Merit: 16
Price increases on ETH or all altcoins and bitcoins don't depend on their system. Supply and demand are two factors that can make the price of the crypto currency rise and fall and what determines both factors are all investors. ETH fork has finished, but I still haven't found interest in buying ETH, unlike with the fork that has happened.
member
Activity: 392
Merit: 10
I do not think that this event will greatly affect the price of Ether. Most likely the price will increase slightly. Now is not the time when the price is rapidly going up.
sr. member
Activity: 1112
Merit: 256
The fork news is already priced in the market. Ethereum will increase primarily if market starts going up and not really because of this fork.
Its already pumping now again and I think that hardfork will not bring good price with ETH not unless if we are in a bull market. If bitcoin starts to grow again, the market will follow and ETH also depend on bitcoin so its not east to pump the price alone.

The most important thing is that hardfork should be done without errors. If the update improves the Ethereum network, even without a bull run Ethereum price will definitely begin to grow. I think we should not worry about the future of Ethereum. In my opinion ETH has a chance to catch up with BTC this year.
sr. member
Activity: 1680
Merit: 278
ETH deceived everyone again.. another delay from the developers.. the worst is that they should suspected this woudl happen, and shouldnt have waited until last minute to inform about this.. i find this very unfair for all of us, that were expecting something great and were dissapointed, like last time, during november, with another failed hardfork.
full member
Activity: 2128
Merit: 180
The fork news is already priced in the market. Ethereum will increase primarily if market starts going up and not really because of this fork.
Its already pumping now again and I think that hardfork will not bring good price with ETH not unless if we are in a bull market. If bitcoin starts to grow again, the market will follow and ETH also depend on bitcoin so its not east to pump the price alone.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Because it was delayed so people who started piling up ethereum for the upgrade throws it again into some other altcoins.

The two scam forks, just forget about it. They were already busted and feel sorry for the boys who got scammed by these scams. Next time to the victims, you should be more skeptic in such things like fork so you will be more careful next time.
While I also feel sorry for all the people that lost their money to those scammers they really do not have an excuse, it was said many times the fork is not going to be contentious so a new coin was not going to be generated and yet they fell in such a trap, the smallest investigation about the topic should have raised some red flags and after some forum members exposed the fraud then that should have been enough to stop those scammers, but it did not, which show to us most people invest based solely in the hype of a coin.
sr. member
Activity: 1221
Merit: 250
I learnt that the ethereum fork will bring about reduction in reward per block for miners from 3ETH to 2ETH thereby causing Ethereum to be scarce.

My question is will the scarcity bring about signifant increase in price?

I think that at the beginning we will not see large increases in Ethereum prices. However, if the fork will succeed and everything will work as the developers have planned, it will be a very solid basis for the Ethereum price to grow even x5 in the time of few months.
legendary
Activity: 2030
Merit: 1028
I believe every forking really disturb actual price and mostly lead them into downtrending.
So about ETH, if we see the current situation, It's difficult to see uptrend after forking.
All we can do is wait patiently , just hold it !
copper member
Activity: 266
Merit: 0
I also hope that this fork pushes the price up again.
That is why i think it is too bad that the fork was postponed.
But as the market behaves, i am not sure if it really brings the price up.
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