Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: pistachio on March 20, 2019, 01:27:21 AM
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Core developers at Ethereum held the 57th Core Devs Meeting 57 on March 15. At the meeting, an agreement was reached on the roadmap for the major update "Istanbul". The specifications will be finalized by May, and the main network hard fork will be implemented around October.
How about ETH price after Istanbul hardfork ?
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What is the main purpose of Hardfork Istanbul?
If only the network is repaired or SWAP, that means it won't increase the price of Ethereum.
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Hardfork previously has no significant effect on the increase in ethereum prices in the market, so if there will be longer hardfork will not necessarily cause positive effects as well.
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I know for a fact that of the hardfork should happen two this will happen it's either a positive reaction will happen with the price of eth or a negative reaction... But am optimistic the price will surge a little.
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I know about its new hardforks like Constantinople but I don't know about Istanbul hardfork. Is it another new hardfork in ETH?
In my opinion, as long as the new hardforks successful and bring positive impacts, the price of ETH must increase. People will be interested more to join and know the next achievement on ETH.
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You yourself write that the completion of the actual implementation of improvements in ethereum will be only by October. Therefore, the rapid effect of the introduction of improvements called Constantinople should not count. In this regard, and the price of ethereum will not grow quickly. In addition, this coin, like other types of cryptocurrency, depends on the price dominance of Bitcoin. Bitcoin will grow in price, ethereum will rise after it.
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Nothing serious will happen, we have already seen what happened after constantinople, the price has risen by 20-30$ and fell again, and for constantinople the developers have been working on for a very long time, so you shouldn’t count on anything.
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I think it will rise after the hard forks. People will think positively to invest with the hard forks. I am sure if the hard forks will boost the spirit of investors to have new assets more in ETH. I smell something good for ETH after those hard forks time.