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[AudraMiller]

The price of Ethereum has been a discussion point for many recently as we see the price increase drastically over the last few weeks. In fact there are many cryptocurrency analysts that actually believe that if the price of Ethereum had to cross the $1850 mark, that it would be very easy for the currency to then experience a bull market that takes it all the way to $2000. However if the coin does not cross this mark, we could see a drop in the price, but this could allow for investors to buy the coin and this could once again push the price up if done right. What are your thoughts on this predictionby crypto analysts?

 

[Josemendez]

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Ethereum 2.0 also runs on same ETH blockchain, there is no different from original Ethereum expect it is stakable. Actually Blockchain miners set the price.

Actually ethereum 2.0 was built to counter the effect of high gas fee observed in ethereum . Unfortunately this has not been the case .

 

[Yugocean]

Actually ethereum 2.0 was built to counter the effect of high gas fee observed in ethereum . Unfortunately this has not been the case .

These gas fees are set up by miners, see TRX token moved to TRON blockchain fro Ethereum blockchain; there is no mining of TRX, so there is no fees either. Miners have to be controlled.

 

[Rollerkid]

O

Actually ethereum 2.0 was built to counter the effect of high gas fee observed in ethereum . Unfortunately this has not been the case .

At first I taught the etherum 2.0 was going to handle the gas fee situation, but like you said, there isn't any significant change in the gas fees and that means most of can't still afford ethereum blockchain services.

 

[Josemendez]

These gas fees are set up by miners, see TRX token moved to TRON blockchain fro Ethereum blockchain; there is no mining of TRX, so there is no fees either. Miners have to be controlled.

The miners fee alone does not constitute the gas fee alone . There is also transaction fee by the exchange site where the transaction is occurring.

 

[Kunkun]

Now may be a good ti buy some ethereum for those of us that don't own before, like Bitcoin, I'm sure ethereum a d the other cryptos too would keep rising

 

[Josemendez]

Now may be a good ti buy some ethereum for those of us that don't own before, like Bitcoin, I'm sure ethereum a d the other cryptos too would keep rising

Ethereum has potential to rise but what discouraged people is the fact that it has high gas fee. People normally lose their profit through gas fee .

 

[Yugocean]

Now may be a good ti buy some ethereum for those of us that don't own before, like Bitcoin, I'm sure ethereum a d the other cryptos too would keep rising

So what?
All the rise will be paid in gas fees, Wherein is a waste, people investing in it won't gain, only miners receiving gas fees will gain, other cryptos with low or no transaction fees are better.

 

[Niftyicon]

Now may be a good ti buy some ethereum for those of us that don't own before, like Bitcoin, I'm sure ethereum a d the other cryptos too would keep rising

It will probably keep increasing but the rise could have been faster only if something could be done about those ridiculous gas fees.

 

[Kunkun]

Ethereum has potential to rise but what discouraged people is the fact that it has high gas fee. People normally lose their profit through gas fee .

Oh gas fee?, what's a gas fee really because I'm not really conversant with ethereum trading and it's term unlike Bitcoin that is most common and mostly traded

So what?
All the rise will be paid in gas fees, Wherein is a waste, people investing in it won't gain, only miners receiving gas fees will gain, other cryptos with low or no transaction fees are better.

So are you advising against ethereum because of the high gas fees associated with it's trading and just focus on Bitcoin without such high fees

 

[Yugocean]

Oh gas fee?, what's a gas fee really because I'm not really conversant with ethereum trading and it's term unlike Bitcoin that is most common and mostly traded

So are you advising against ethereum because of the high gas fees associated with it's trading and just focus on Bitcoin without such high fees

In Ethereum blockchain, transaction fees is considered as gas fees.

Ofcource I am advising against investing in ETH due to same reason.
Bitcoin also has high fees due to rise in price, but others like XRP, TRX etc are still better.

 

[Josemendez]

In Ethereum blockchain, transaction fees is considered as gas fees.

Ofcource I am advising against investing in ETH due to same reason.
Bitcoin also has high fees due to rise in price, but others like XRP, TRX etc are still better.

Ethereum fees is worst. Even doing altcoins transaction through ethereum network will lead to a rise in transaction fee ,that may even appear to half of the transaction itself

 

[Kunkun]

Ethereum has potential to rise but what discouraged people is the fact that it has high gas fee. People normally lose their profit through gas fee .

It will probably keep increasing but the rise could have been faster only if something could be done about those ridiculous gas fees.

Since this is an issue , something should be done about such high gas fees as it keeps people from investing in the coin, which will in turn lead to increase users

 

[Niftyicon]

Since this is an issue , something should be done about such high gas fees as it keeps people from investing in the coin, which will in turn lead to increase users

I was really hoping that the ETH 2.0 would profer a solution to the gas fees but it seems that wouldn't be the case. We look forward to future solutions.

 

[Josemendez]

Since this is an issue , something should be done about such high gas fees as it keeps people from investing in the coin, which will in turn lead to increase users

Ethereum invented ethereum 2.0 yet it wasn't able to change anything. The fees of ethereum transaction are even on the increase.

 

[sh199]

It will not surprise if it hit 2000$ dollar, and I think it will reach 2k very soon(now 1.8K). The defi market mainly based on eth that's why it would happen easily within weeks or months

 

[Yugocean]

It will not surprise if it hit 2000$ dollar, and I think it will reach 2k very soon(now 1.8K). The defi market mainly based on eth that's why it would happen easily within weeks or months

Soon that too will drop, many Defi project are changing course, Tron become its own blockchain, others are also following, and the best thing is that, other blockchains have low fees.

 

[Blockchain Advisors]

Nothing is impossible. It may follow the path of bitcoin

 

[sh199]

Soon that too will drop, many Defi project are changing course, Tron become its own blockchain, others are also following, and the best thing is that, other blockchains have low fees.

yeah, things are changing but eth is eth. peoples will use it as their main altcoin base chain. Large investments or major coins are still on eth. soo, till now its great

 

[Kunkun]

In Ethereum blockchain, transaction fees is considered as gas fees.

Ofcource I am advising against investing in ETH due to same reason.
Bitcoin also has high fees due to rise in price, but others like XRP, TRX etc are still better.

Since this is an issue , something should be done about such high gas fees as it keeps people from investing in the coin, which will in turn lead to increase users

 

[Kunkun]

Etherum has been on a steady increase for some time now, it's currently around 1700 dollars right now so I'm sure the Cryptocurrency will reach it very soon.

The faster it reaches the 2k mark like predictions suggest the better but according to numerous reports, something has to be done about the high gas fees involved in its process