Will the Ethereum Fork bring about price increase? - page 5.

damberg

full member

Activity: 658

Merit: 108

Quote from: Altcoinboss on January 16, 2019, 02:30:58 AM

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?

From a strictly economic point of view reduction of Ethereum inflation should lead to price increase. After fork expectations of traders also play their role.

Cnut237

legendary

Activity: 1904

Merit: 1277

It may or may not bring about a price increase in the short-term, but I'm confident that it will in the long-term - it's an important development step on the roadmap.
Any short-term impact has likely already been priced in, which is why I'm a bit skeptical that we'll see a big rise straight after the fork takes effect.

pinoyrichkids

member

Activity: 322

Merit: 11

Quote from: Altcoinboss on January 16, 2019, 02:30:58 AM

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?

That is for sure, but the question is when will the fork would occur, because recently it has been postponed due to some speculation of attacks., and so if it could happen after the forked, im so sure that the scarcity of supply would definitely bring back the price to its original state.

DeltaX

sr. member

Activity: 644

Merit: 250

Quote from: Altcoinboss on January 16, 2019, 02:30:58 AM

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 will, can you imagine when each of miners can dump 3 ethereum to the market directly before the forks and in the future they will dump only 2 ethereum to the market. that means there will be around 33% decrease in the inflation that caused by the miners to prevent the market to grow.

Altcoinboss

newbie

Activity: 24

Merit: 1

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?

Topic: Will the Ethereum Fork bring about price increase? - page 5. (Read 679 times)