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Author Topic: When do you expect Ethereum to explode?  (Read 10513 times)

Offline Master107

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When do you expect Ethereum to explode?
« on: March 12, 2021, 12:44:14 PM »
I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)

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When do you expect Ethereum to explode?
« on: March 12, 2021, 12:44:14 PM »

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Re: When do you expect Ethereum to explode?
« Reply #1 on: March 12, 2021, 04:09:37 PM »
In my opinion, first of all, the final cost of transactions is formed on the basis of the free market of supply and demand. That is, the more demand for transfers within the network, the higher their cost. It is due to the popularity of DeFi projects and USDT transfers that Ethereum's bandwidth is overloaded and in order to process the transaction as quickly as possible, users themselves increase the commission that they are willing to pay. To date, the solution to the problem is in the final transition of Ethereum to the second version (2.0), which the team plans to do with the help of a London hard fork. Of course, miners are unhappy with this and many large mining pools are trying to sabotage the requirements of the network, but I am sure that we will overcome this and this summer the commission will be reduced when the Ethereum network switches entirely to the PoS algorithm.
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Re: When do you expect Ethereum to explode?
« Reply #2 on: March 12, 2021, 11:51:23 PM »
Ethereum is already going to the moon, it already exploded. However, I think there is still a chance for Ethereum to have another new ATH this season. The price of Ethereum looks still continues to increase, which means there is a chance for another bigger ATH.

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Re: When do you expect Ethereum to explode?
« Reply #3 on: March 13, 2021, 08:42:21 AM »
High gas costs are coming to an end, the EIP 1559 proposal will be packed with a hard fork in July, although many miners are against this proposal, the developers and users of ethereum still agree to this proposal

more info: https://www.coindesk.com/ethereum-improvement-proposal-1559-london-hard-fork?amp=1

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Re: When do you expect Ethereum to explode?
« Reply #4 on: March 13, 2021, 07:07:04 PM »
Well looking at etherum Blockchain and many Cryptocurrency project are building under it's Blockchain I can say that they contribute in the current increase in the gas fees for me I was also thinking that Ethereum will actually explodes in the year 2021 before the year end it may increase as high as $3000 dollars based on my opinions and observations.
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Re: When do you expect Ethereum to explode?
« Reply #5 on: March 13, 2021, 07:11:54 PM »
I'm just curious about your expectations to Ethereum. What do you think the reason why Ethereum gas fee is high and when do you think it will subside?
Do you think it will explode? If yes, when and why? ;)

I think  , you should see the Ethereum price and learn it. When the Ethereum price is increasing, the gas fee will increase. So.I think It depends on the price of Ethereum. Keep calm, because many investors have expectation about Ethereum 2.0
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Re: When do you expect Ethereum to explode?
« Reply #6 on: March 13, 2021, 11:29:29 PM »
It is increasing quite fast today, so we don't need to wait for a long time. Ethereum is always following the Bitcoin trend. Since Bitcoin is pumping now, Ethereum also increases fast again. You can see yourself on the market, it is exploding today.
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Re: When do you expect Ethereum to explode?
« Reply #6 on: March 13, 2021, 11:29:29 PM »


Offline Fenix

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Re: When do you expect Ethereum to explode?
« Reply #7 on: March 14, 2021, 06:51:01 AM »
It is increasing quite fast today, so we don't need to wait for a long time. Ethereum is always following the Bitcoin trend. Since Bitcoin is pumping now, Ethereum also increases fast again. You can see yourself on the market, it is exploding today.
I believe that the ethereum price is still growing very slowly right now. Even compared to the previous price wave, when bitcoin reached $ 58,300 prior to its last correction, the ethereum price was at $ 2,000. Now bitcoin is up over $ 61,000, while ethereum is still $ 1,900. This condition is due to the fact that there are still big problems with high transaction fees on the ethereum network. If this problem is successfully resolved in July, then in the fall I expect a real explosion in the price of ethereum. This will be especially noticeable if the market continues to grow.

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Offline Hisbullah

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Re: When do you expect Ethereum to explode?
« Reply #8 on: March 14, 2021, 10:06:50 AM »
It is increasing quite fast today, so we don't need to wait for a long time. Ethereum is always following the Bitcoin trend. Since Bitcoin is pumping now, Ethereum also increases fast again. You can see yourself on the market, it is exploding today.

Yes, you are right.. Current etherreum price is $ 1,892.  Ethereum price is increasing and always following bitcoin trend. I se the gas fee is so high. I hope there are alternate smart contract beside ERC20  and more popular than etehreum
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Offline Dark Knight

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Re: When do you expect Ethereum to explode?
« Reply #9 on: March 14, 2021, 11:35:02 AM »
As Etherium coins become more popular now, so does the price of Etherium. Currently the price of etherium 1893Dollars. Now the biggest problem for Bounty Hunters is the transaction fee. What is the transaction now has to pay a large amount. Now it is seen that the expenditure is more than the income. From the amount of dollars we are earning Having to pay the transaction fee. I think this problem should be solved very quickly. Otherwise we will all face losses. Which will become a much bigger problem in the future.

Offline whyrqa

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Re: When do you expect Ethereum to explode?
« Reply #10 on: March 14, 2021, 02:47:52 PM »
After the completion of technical corrections, over the past 7 days, Bitcoin has risen in price by 23%, and Ethereum by only 12%. I believe that Ethereum is still lagging behind the trend that was earlier, and in the first place Everything depends on the successful outcome associated with the Ethereum 2.0 update. The fact is that miners resist the actions of developers and this greatly harms the development of the platform and, accordingly, the growth of the Ethereum rate.

Offline Damrai5$

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Re: When do you expect Ethereum to explode?
« Reply #11 on: March 15, 2021, 01:51:50 AM »
Ethereum prices have gone up a lot but at the same time transaction fees have gone up. In fact we have seen since the Ethereum Price went to the moon right away but the transaction fee has gone up. In fact, our problem is that we are not able to sell tokens due to such high gas fees.

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Re: When do you expect Ethereum to explode?
« Reply #12 on: March 15, 2021, 03:42:57 PM »
Thank you very much because you have created a very valuable post. I hope you will share more posts like this with us. Expecting an etherium explosion at the present time is a pretty good job. So the interest in etherium is only increasing day by day.

Offline Review Master

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Re: When do you expect Ethereum to explode?
« Reply #13 on: March 15, 2021, 04:15:49 PM »
High gas costs are coming to an end, the EIP 1559 proposal will be packed with a hard fork in July, although many miners are against this proposal, the developers and users of ethereum still agree to this proposal

more info: https://www.coindesk.com/ethereum-improvement-proposal-1559-london-hard-fork?amp=1

EIP 1559 will change the transection system as there will be a base fee and miner tip which will help a lot to reduce the transection fees. Also, it's true that some huge mining pools are against this proposal as they're getting huge profits from this current transection fee system as miners earn $1.3 Billion in February and 50% from just gas fees. TBH, it won't effect on EIP1559 as community wants a lower transection fees. In the end, those mining pools need to agree with this proposal , else there will be a shitcoin which won't be successful in the long run.
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Re: When do you expect Ethereum to explode?
« Reply #14 on: March 15, 2021, 06:24:47 PM »
Etherum right now like wa all know and are increasingly moaning about is very high fees which is game killer and other chains are scooping eth share of the market despite all this eth community coundn't care less which could be an evidence that eth right now is extremely undervalued since everyone know what will happen once eth 2.0 is globally accesible to everyone ... the price could easily skyrocket till 20 k
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