gas: Ethereum Merge: release date, delay, and price prediction

gas: Ethereum Merge: release date, delay, and price prediction

< Show Wisdom Collection: Ethereum Merge: release date, delay, and price predictionarticle avatarFerry Setiana

Advertiser

What is your general opinion about the Merge itself?

Merge is mainnet with the beacon chain proof of stake system. This will mark the end of proof of work for Ethereum and the full transition. This is planned to precede the roll out of shard chains.

How do you feel about the release date - is it going to be delayed?

I feel is good for Ethereum to minimaize delayed transaction because developer are focusing their efforts on transaction, and minimizing additional features that could delay this goal.

What is your price target for ETH after the merge?

I am looking plans include a post merge " Cleanup" Upgrade to address these features, which is expected to happen very soon after the Merge Completed. My price prediction for ETH $5000 going to up.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

I have started using L2 (Arbitrum) In metamask because it makes transactions very easy and low for gas fees. L2 Arbitrum for the future Ethereum transactions, like some crypto's have started using it.

article avatarGiorgi Tsivtsivadze

Winemaker / Crypto Lover

What is your general opinion about the Merge itself?

Ethereum 2.0 will make more crypto users to fall in ETH projects, gas fees will help to fix this problems. Also it will help ETH to stay in his prime and hype, so other projects, etc Sol cant get ahead of him

How do you feel about the release date - is it going to be delayed?

I think date will be delayed for sure as usually. I want it to be released as fast as they can but still think there will be delay. Hope there wont be this problems and we will see it as fast as possible

What is your price target for ETH after the merge?

I think it will go near 5000 USD not more, but the erc20 tokens and eth NFT projects will pump too, I'm sure about that. So hope 2.0 wont let us wait much

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

I used L2 arbitrum first time on experty when I tried to withdraw WIS and it went so easy and comfortable so good experience, but if 2.0 will reduce gas fees, I dont think I will use arbitrum again

article avatarHabibu Abdullahi

Developer Associate

What is your general opinion about the Merge itself?

Very optimistic that , the merge will brings a lot of benefits to ETH and cryptocurrency ecosystem in general. Firstly, the gas fee problem, due to the Proof of Work(PoW) mechanism in the current layer, I always looks for some other alternatives before using the Ethereum network. Secondly, the current challenges from the greener energy, mining creates a lot of damages to the environment.

How do you feel about the release date - is it going to be delayed?

Historically, most of the Ethereum roadmaps are delayed but I have a good feeling that this time will be difference, meaning it can happen even before the dateline.

What is your price target for ETH after the merge?

Normally, I do not like predicting price, but I believe the price can be between 7k-10k. In another words, the price could closed this year confidently closer to 10k.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

I tired few times, I do not like the process, although it save gas fee and I think after the Merge I might no need it. Although the Ethereum networks growth will always generate the demand for other L2.

article avatarMwila Wise

General Manager @ Excoincial Exchange

What is your general opinion about the Merge itself?

The merge will make ETH environmental friendly because of moving away from proof of work to proof of stake. So the merge will do away with atleast 99.5% + energy required to mine it and will be welcomed and easy adopted in the EU region hence the growth in demand of the ETH coin.

How do you feel about the release date - is it going to be delayed?

The upgrade started a long time enough and only one step into having a staking currency by merging with beacon chain. It won't delay any longer.

What is your price target for ETH after the merge?

The price of ETH would run from the current $3500 to $10,000 then we will witness a correction and price stability after an uptrend long run around $6000.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

I am already using L2 (Arbitrum) because it's cheaper and of course reliable than Eth mainnet. The building on Eth mainnet by dapps made the price of gas fees rampantly high thus the migration to layer 2 was worth it.

article avatarJude Arechaval

Crypto is life

What is your general opinion about the Merge itself?

I think it has a Reason. maybe they want to change the features of Ethereum also the gas fee. And burning mechanism. It is good beginning for Ethereum

How do you feel about the release date - is it going to be delayed?

Delayed is not important. The quality is the new way to become most popular crypto. And also the trustworthy of user to be able to use the crypto

What is your price target for ETH after the merge?

I want the price become. Lower to gain more investor. And also I want the new merge to have more supply like me coin. And that all thank you

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Yes I think it is the best thing I can't do while holding my asset. It is to protect my fund. Also my asset. There's a reason of using L2. It is the best

article avatarRyan Brassard

Self employed construction

What is your general opinion about the Merge itself?

Mergers are usually good things aren't they? But that's in the past, and now we are talking crypto mergers and in my opinion just how unpredictable cryptocurrency always behaves is the reason I have no clue if this is good or bad...what about fees? Doubled? Layered? Gas 2.0? I never liked the gas fee deal and only recently started trading in ETH again after 4 years so I'd like to see if this is better than the last "upgrade"

How do you feel about the release date - is it going to be delayed?

I don't think Vitalik Buterin would get a date wrong on any project he was working on unless it's something extra being added on ...he's just about the Original Whiz Kid..except those pesky gas fees but they are there for a reason.

What is your price target for ETH after the merge?

My price target is 10,000 although if they pull everything together in place how they claim I don't think 22,000 - ? is too far fetched after seeing BTC over 60k last year... Cryptocurrency is a bit like imaginationland but highly monetized

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

To be completely honest when they start talking about lower gas fees I stop listening, heard it more than once, never saw it though..so I don't actually know much about it besides it supposedly speeding up transactions and lowering fees which yes I would definitely use if it actually lowers the gas fees

article avatarMuhamad Laraib Nasir

Student

What is your general opinion about the Merge itself?

I ilke the merge honestly because its main goal is to reduce the gas fees on eth network so it is a good idea to implement and i am looking forward to it

How do you feel about the release date - is it going to be delayed?

i think it will be delayed because it will take more time to develop a whole netowk like eth called eth 2.0 so i think it will take more time

What is your price target for ETH after the merge?

eth will explode but it will also take some time to do it so i think 5000 would be a great target to get acheieved in this merge to eth 2.0 great

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

i am using it actually it is not so fast but being developed constantly so i would say it is great tech but it will take some time to develop more into faster transactions

article avatarBatang Riles Riles

Crypto & Happy

What is your general opinion about the Merge itself?

in my opinion the merge between the proof of work and proof of stake is a best combination for both miner and investor. the miner can now relax and just put their mine ethreum on staking platform and they will have a massive amount, and for the investor, they will also get a benifits from staking their bought eth and with almost equivalent but not equal to almost against the ethreum miner. the merge will give the ethreum 2.0 an increase of burns every transaction so the price could not get down from its supply.

How do you feel about the release date - is it going to be delayed?

its been years since they plan and execute them, there are more competition in the crypto market, im just a little worried about the delays because some people is not that patient when it comes to waiting.

What is your price target for ETH after the merge?

i think the best price from launch of merging of ethreum 2.0 is 6000 us dollar, it would be the base price after the btc bull run and eth bull run, next is launching of 2.o taht i think would be 6000 us dollars.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

yes im using it already its on my metamask wallet and i also have it on my binance wallet, layer 2 arbitrum we needs this because its so high and expensive when using the layer 1 eth gas price.

article avatarskoner AVIF

dev

What is your general opinion about the Merge itself?

I think it would be one of the most important thing of 2022 and it will reduce gas fees which are very important. We're on the good way since several months. Fees are also already a litlle reduced.

How do you feel about the release date - is it going to be delayed?

The merge was plannified last year, and I think its application will also again be delayed. On ETH blockchain, they want to keep calm to propulse new things. IT's better if it's delayed, because it would says that corrections are applied.

What is your price target for ETH after the merge?

After the merge, I think ETH price would be the same. It's on a long terme vision, that ETH would go sky rocket. Actually, the ETH price is already higher than previous months.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

For the moment, no I don't use layer 2 solutions. But indeed, agfter the merge it would be envisageable because fees will be reduced, I hope.

article avatarPascal Meulenkamp

software engineer

What is your general opinion about the Merge itself?

This could be a great opportunitie for the future of cryptocurrencies in general and also for gas costs, CO2 footprint and collective acceptance overall

How do you feel about the release date - is it going to be delayed?

Better be safe than sorry. Everyone gets to be prepared in time and get this merge done without any hassle or drawbacks. So if there's a delay, it'll be acceptabele.

What is your price target for ETH after the merge?

Basically there's a bit more demand and the price could rise up to 10 percent, however a major rise isn't to be expected at a short term after implementation.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Some of my assets are waiting for the release of L2, because gas prices aren't in no way in line with the value of the assets. Microcredits will be more commonly available.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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