network: What will happen to ETH and its price after The Merge?

network: What will happen to ETH and its price after The Merge?

< Show Wisdom Collection: What will happen to ETH and its price after The Merge?article avatarKrishna Yoganarasimha

A seasoned strategy professional with multitude of skills.

In your opinion, how the Merge will change ETH price?

The Merge will have a significant impact on the ETH price, as it is expected to result in greater liquidity and improved oversight of the ecosystem. This should lead to more consistent prices and better stability for ETH relative to other cryptocurrencies. Additionally, the addition of new dapps and smart contracts onto the Ethereum network should benefit its value long-term.

Will Ethereum take over Bitcoin? Elaborate.

While it is impossible to say which cryptocurrency will become the dominant force in the future, Ethereum seems to be on a strong trajectory. Firstly, Ethereum has greater potential for growth due to its ability to handle more transactions than Bitcoin. Additionally, Ethereum offers users stronger security features and an overall enhanced platform. In terms of developers and entrepreneurs, Ethereum enjoys a much larger community compared to Bitcoin. This bodes well for the long-term viability of this cryptocurrency as developers continue to build innovative Dapps that can benefit millions of people worldwide. Overall, there are many reasons why investors should consider investing in Ether (ETH) moving forward.

Which stage is the most crucial in your opinion?

Purge is a necessary step on the Ethereum roadmap, and it's likely to be crucial in shaping the future of this blockchain platform. Purge provides developers with an opportunity to “cash out” their ERC20 tokens by burning them off or "purging" them from the blockchain. This will help to eliminate dead weight and make way for new and innovative dApps that are built on top of Ethereum. The experts anticipate that purge will have a significant impact on network stability as it makes room for more transactions per second. It will also encourage users to adopt newer features and upgrades offered by Ethereum, which in turn would strengthen its position as the leading smart contract platform. So while purge might not be everyone's cup of tea, it is definitely something worth keeping an eye on!

article avatarDevin Hummel

Artist

In your opinion, how the Merge will change ETH price?

It has the potential to speed up the network as well as lower fees. However, a lot of people were disappointed by the speculation of ethereum going through massive changes past, only to have developed very little compared to the drastic predictions. With the market tanking in values, I think this will do little to give ETH an advantage over BTC, but it can bolster it’s strength against falling market prices.

Will Ethereum take over Bitcoin? Elaborate.

Just in utility. Eth can have more uses than BTC, but it won’t gain more popularity in mainstream culture as a topic or prospective storage of wealth asset.

Which stage is the most crucial in your opinion?

This one. The bear market is challenging the future of crypto. Lawsuits, regulations, and the looming recession will permanently change the crypto/defi space

article avatarDmitriy U

Miner

In your opinion, how the Merge will change ETH price?

I think for the better. And with a decrease in the commission in the network. In general, commissions in the Ethereum network should be reduced. There are a lot of tokens in this network that cost nothing when transferred, the commission is higher.

Will Ethereum take over Bitcoin? Elaborate.

I think for the better. And with a decrease in the commission in the network. In general, commissions in the Ethereum network should be reduced. There are a lot of tokens in this network that cost nothing when transferred, the commission is higher.

Which stage is the most crucial in your opinion?

I think for the better. And with a decrease in the commission in the network. In general, commissions in the Ethereum network should be reduced. There are a lot of tokens in this network that cost nothing when transferred, the commission is higher.

article avatarBurim Dervishi

Innovative with broad know-how

In your opinion, how the Merge will change ETH price?

I think it would contribute to the higher useage of eth in other projects and scale a lot do to lower fees. Other competitors will not be able to beat this.

Will Ethereum take over Bitcoin? Elaborate.

Ethereum will take over bitcoint in case of variety of useage. Bitcoin itself needs to come up with more effective consensus algorithm to let projects use the bitcoin network widely.

Which stage is the most crucial in your opinion?

To implement the consensus mechanism that ensure transaction processing time at lowest possible fees is most crucial stage. Bitcoin and Ethereum has wide acceptance in the market. That one who provides speed at lowest cost will win.

article avatarTemitope Olamijulo

I can make coins predictions from Current market prices

In your opinion, how the Merge will change ETH price?

The ETH merge will make it more adoptable for people especially with low gas fee. Majority of reasons why people run away from Eth network is because of the high gas fees involved. Once there is merge, there will be mass adoptions and even people who have low capital in trading can also be able to afford trading on Eth.

Will Ethereum take over Bitcoin? Elaborate.

Bitcoin has been in existence before Eth, so it has more adoptions than Eth currently, if there can be merge, there is high probability that it will take over Bitcoin. All takes processes so Eth getting the fame and adoption like Bitcoin will not be a problem.

Which stage is the most crucial in your opinion?

The merging stage for mass adoptions is the crucial stage. If people with low trading capital can also use Eth without being overwhelmed by the gas fee

article avatarAdamilo Damzy

Crypto Analyst

In your opinion, how the Merge will change ETH price?

The Ethereum Merge which is schedule to take place on the 12/09/2022. The Ethereum Merge has to do with the merging of the Ethereum ( ETH1/Execution layer) with the Beacon Chain (ETH/ Consensus). The Beacon Chain is a separate network running parallel to Ethereum. THe Merge will be the greatest event on the Ethereum network. In my own opinion, I think this upcoming merging on the Ethereum network will greatly affect the price of ETH. In my prediction, I expect to see ETH price at $12,972.69 in 2022 after the merging. The merge will help reduce the Ethereum energy consumption possibly by approximately 99.96%. So in conclusion, the merge will definitely affect the price of ETH.

Will Ethereum take over Bitcoin? Elaborate.

Ethereum taking over Bitcoin has been a long time argument. The Ethereum network are doing everything possible to ensure that it becomes the top and best project in the Crypto space. The introduction of the merging in the network is to further improve the project. In my own opinion, Eth will not take over Bitcoin anytime soon. It will always be remembered as that project that is always second only to Bitcoin.Bitcoin is a top project in Crypto and any other project after Bitcoin is an altcoin. I don't think the recent development on the Ethereum network will in anyway make Ethereum takeover Bitcoin.

Which stage is the most crucial in your opinion?

In my own opinion every stage do count in this recent development on the Ethereum network. All stages are all crucial. The main objective of this event, is to further develop the project. Every ETH user is therefore required to get prepared for this great event that will be coming up in the Ethereum network.

article avatarBlessing Monday

Crypto enthusiasts

In your opinion, how the Merge will change ETH price?

The Ethereum Merge which Happens to be the greatest event that will ever happen in the history of Ethereum is scheduled to take place this year. Many Crypto enthusiasts and ethereum users are all looking forward to this moment. The merge which is the merging of the Ethereum network and the beacon chain. The merging will be for several purposes, one which is to reduce the energy consumption in the Ethereum network. Definitely, it will change the price of ETH.

Will Ethereum take over Bitcoin? Elaborate.

With the latest development and the need to create a new version for the Ethereum network, I think in my own opinion, ethereum can never takeover from Bitcoin. Bitcoin is the all Time most valuable Crypto asset.

Which stage is the most crucial in your opinion?

The surge stage is the most crucial stage of all. This stage involves the splitting of the Ethereum into pieces. It is the most crucial stage in my own opinion.

article avatarKeziah Zachariah

I'm a crypto analyst, blockchain enthusiast

In your opinion, how the Merge will change ETH price?

For a long time, the Ethereum network having been making relentless effort to further improve the project. One of the greatest event in the history of the Ethereum network is about to happen. Although the merging has been postponed couple of times, but it is hopeful that this year, it's going to take place. According to the Father of Ethereum Vitalik Buterin. He has already made known the next step. Now the Merge which is the merging of the Ethereum ( ETH 1/ Execution layer) with the Beacon Chain (ETH/ Consensus). The Beacon Chain is a separate network running parallel to Ethereum. Now, the Merge will definitely change the ETH. If the Ethereum's incoming transition becomes successful, the merging in my own opinion will increase the price of ETH to about $12, 966.639. So the merge will have a serious effect on the price.

Will Ethereum take over Bitcoin? Elaborate.

Ethereum taking over Bitcoin has been a long time argument among Crypto enthusiasts. So many believed and also predicted that Ethereum will takeover Bitcoin. But so far Bitcoin seems to be at the top. Bitcoin happens to be the first Cryptocurrency created as a means of making payment. It is regarded as the most valuable project in the Crypto world. However, Ethereum is regarded as a valuable asset in the Crypto space behind Bitcoin. Ethereum was initially introduced to fill up for the inadequacy of Bitcoin. The fact here is that, Bitcoin has always been the whale around here. Ethereum will only been known as a project that sits only behind Bitcoin. In my own opinion, Bitcoin can't be overtaken by Ethereum.

Which stage is the most crucial in your opinion?

Every stage will always count. Every stage is crucial. But in my very own opinion, I think the surge stage is the crucial of them all. This stage involves the splitting the network into pieces called shred. This is done inorder to increase it's Scalability.

article avatarMercy Joseph

Crypto Enthusiast

In your opinion, how the Merge will change ETH price?

The merge will skyrocket Ethereum price as never before. This is a great move and transition in the Ethereum network. After the merge Ethereum will be the next Bitcoin

Will Ethereum take over Bitcoin? Elaborate.

Yes, I believe Ethereum will take over Bitcoin, maybe not now but In the near future. The cryptocurrency market is very unpredictable due to its volatility rate, therefore the merge could/would be the next good thing that has ever happened in the Ethereum network

Which stage is the most crucial in your opinion?

The Splurge stage which is referred to as the fun state by Vitalik . This is the stage where thorough scrutiny is to be taken in order to make the Blockchain safe, faster and more scalable

article avatarRichie Richard

crypto activist

In your opinion, how the Merge will change ETH price?

Ethereum merge will definitely have a positive impact on the price and towards trader's across the ethereum ecosystem ranging from developers,miners and end users.The merge will change the network from proof of work to proof of stake and mining will not be possible.The merge will affect the price by reducing the number of tokens that will be issued out yearly thereby lowering its value by 90%.In addition it will also cut ETH total power usage by over 99%

Will Ethereum take over Bitcoin? Elaborate.

Experts have predicted that Ethereum price will be more volatile compared to Bitcoin in the upcoming months as a result of Ethereums network transition to a lesser energy intensive way.It is quite obvious that transactions initiated on Ethereum are faster than that of Bitcoin.Both Cryptos works on separate policies and their methodology are distinct.Ethereum can never out value Bitcoin because Ethereum was created as a complement to Bitcoin and not a rivalry or competitor.

Which stage is the most crucial in your opinion?

In this contemporary times that has been a bad year for Crypto investors globally,I think Ethereum is more crucial presently because of its upcoming merge and impact which I suppose everyone is waiting for.

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

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