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

transaction: 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 avatarRoviee Dean

Crypto lover, NFT Enthusiast

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

I believe the merge will bring about a drastic reduction in transaction charges as well as reduce transaction time. This is already being observed in recent times as transaction fees are at the moment in all time. I was shocked to see NFT Collection approval for opensea.io trading at a mere $0.56 as compared to over $100 and above at some point in the past. I am of the opinion that once the merge is implemented, it would bring good things to the Ethereum Blockchain

Will Ethereum take over Bitcoin? Elaborate.

I cannot fully talk about the possibility that Ethereum will overtake Bitcoin as the lead cryptocurrency. I honestly do not have the technical capacity to reach such conclusion. However, I have come to learn in this crypto industry that anything is possible. I believe we just have to wait and see.

Which stage is the most crucial in your opinion?

Every stage in the roadmap is vital to the Ethereum project. If the merge is actualized, it will prove that the project is on course and that the people behind it are hard at work. So I believe every stage that gets executed is crucial.

article avatarBerthman Hutabarat

Engineer

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

The Merge will change ETH price significantly. This is because of faster and cheaper transactions, reductions in energy consumption for validations, deactivation of the Difficulty Time Bomb.

Will Ethereum take over Bitcoin? Elaborate.

Ethereum’s upcoming transition (Merge) to a proof-of-stake (PoS) system will enable it to take over Bitcoin’s (BTC) position as the most prominent cryptocurrency.

Which stage is the most crucial in your opinion?

The Surge. This upgrade involves a “powerful upgrade to Merkle proofs” which optimizes data storage for Ethereum nodes and also assist with Ethereum scaling, as it allows for a greater number of blockchain transactions while keeping the blockchain decentralized.

article avatarAnthony Eze

Humble person looking to make my mark

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

The Merge, upgrade to the Ethereum platform is highly necessary. The update will add new features to the system, speed up transactions, and lower transaction fees. These upgrades will bring about More transactions and use of the token, which will in turn boost its price

Will Ethereum take over Bitcoin? Elaborate.

Ethereum would need to rise significantly for that to happen . This means that Ethereum would need to soar higher in value like it's never done before to claim the top spot and since the Ethereum Network is programmable it gives it a chance to try. Now this might happen but not anytime soon.

Which stage is the most crucial in your opinion?

The Merge of you ask me is the most crucial, as it will transition Ethereum’s consensus mechanism from proof of work to proof of stake. The stage is expected to cut Ethereum’s power usage by 99% while reducing the asset’s net issuance.

article avatarJaya Pheng

Pray to success

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

Very simple and good teamwork, fast transaction super nice info yuhu , i lovely experty teamwork and good Dev Always pray to success and great

Will Ethereum take over Bitcoin? Elaborate.

the possibility is very small because the price of eth is not stable and the price of eth always follows btc, maybe if eth has the best way by designing nft and low fees

Which stage is the most crucial in your opinion?

The stage where the price plunged only because of the fuder, eth or crypto should have a way of dealing with prices that continue to be unstable where investors are afraid of the collapse of crypto value

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.

article avatarHania Ajah

I like crypto

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

I think ETH will rise up.and price will high...because ETH network many used their network.and very smooth...and price will run with time....

Will Ethereum take over Bitcoin? Elaborate.

I think no.because BTC is ambasador on crypto...but price ETH wil go to BTC next time....with good network and good fees with multi functional...

Which stage is the most crucial in your opinion?

I think fees transaction is very crucial with about network....if used low fees it can bring the good fundamentals about coin or tokens.....

article avatarroxanne rodriguez

Social Media Evaluator/ Cryptocurrency Trader

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

Ethereum Merge will make the transaction more cheaper and make the price surge but i doubt that this will surpass Bitcoin. Ethereum have a long long way to go for this to happen.

Will Ethereum take over Bitcoin? Elaborate.

I believe it will not take over or surpass Bitcoin. Why?well in my opinion Ethereum although popular but the transaction is relatively high that is need to be fix in serious manner by Vitalik.

Which stage is the most crucial in your opinion?

Every stage is crucial in different way but this Merge might be the most crucial and critical stage because every Ethereum holder and user are expecting more about this crypto.

article avatarPascal Meulenkamp

software engineer

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

It'll affect positively the marketprice, although only little. It's more general acceptance and usage of Ethereum that will gain largely of it.

Will Ethereum take over Bitcoin? Elaborate.

Definitely no, you can not compare apples with peaches. And what do you mean with take over? Price, market share, acceptance rate, transactions per day?

Which stage is the most crucial in your opinion?

The final ;-) No just kidding, all stages contribute to a stable and firm Ethereum platform. Lets just hope that gas prices will drop significant.

article avatarArun Biju

Crypto Enthusiast, Trader, Airdropper

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

I'm very much excited for this ETH merge as it has been in the the headlines for so long. This will surely be major step towards the so- called ETH 2.0. However, this will be also marked as one of the most anticipated events in the whole space, too...

Will Ethereum take over Bitcoin? Elaborate.

IMO, not really anytime soon. It will take time to happen as the BTC is still the King. Maybe the ETH 2.0 can definitely make a huge change in the BTC monoploy

Which stage is the most crucial in your opinion?

For me the most crucial stage regarding the ETH and the whole ETH 2.0 scenario depends on the final results. How they lowers the gas fee? How much time taken for each transaction to complete?

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

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