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

value: 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 avatarEwa from Experty

Experty Problem Solver

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

At the time of writing, the ETH price is around $1500. I think that ETH value and price will rise, maybe it won't hit a new ATH just yet, but I hope that it will fluctuate around $3000.

Will Ethereum take over Bitcoin? Elaborate.

I believe that the Merge is Ethereum’s chance to take over Bitcoin. ETH’s transition to a proof-of-stake consensus mechanism would transform its monetary policy, making ETH more scarce than BTC. The ETH researcher Vivek Raman said: “After The Merge, Ethereum will have lower inflation than Bitcoin. Especially with fee burns, Ethereum will be deflationary while Bitcoin will always be inflationary. Although, with every halving, the inflation rate goes down.”

Which stage is the most crucial in your opinion?

I think the Merge stage is the most important. We all know that is only 40% (55% after the Merge) of the progress, but it will combine the Ethereum mainnet with the proof-of-stake beacon chain. Also, if they fail with the Merge, the next changes will be impossible.

article avatarChiamaka Bernard

cryptolord and analyst

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

The Ethereum merge has been anticipated for In a long while which makes it easier to say that the ledger system will now have a lesser fee after launching on the new Blockchain as a POS from it initial POW system that was used. With the POS it is believed that the Ethereum fees will now be used with a lower fee for exchange on the Ethereum Blockchain.

Will Ethereum take over Bitcoin? Elaborate.

They chances are narrow, even if the Bitcoin ledger system is still used on the POW system as the Ethereum before the merge. Now the Ethereum merge is going to transform Ethereum price to skyrocket in a very short period of time. Ethereum will never surpass Bitcoin even on long term holding.

Which stage is the most crucial in your opinion?

They stages that Ethereum has built were all difficult at the initial start but towards the ending now it is yielding positive value. They most crucial stage of it all was the transition State of the entire process and it will be fairly good to raise Ethereum native token.

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 avatarDan J

Hi

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

I think the news covering the Merge will create FOMO among many people and will make the ETH price jump. I also think the whales of ETH will be excited once it reaches over $5,000.

Will Ethereum take over Bitcoin? Elaborate.

In the long run it will because firstly, Bitcoins stigma is associated with the black market where as Ethereum has a lot of practical uses and is a lot more affordable.

Which stage is the most crucial in your opinion?

I think The Verge because if you can reduce node sizes and allow ETH to be more scalable, then developers and companies have more value for using and integrating ETH into their services/products.

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 avatarHalebeedu Prakash Pradeep Halebeedu Prakash

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

The price will increase. This will eventually push the block chain market especially bitcoin. Later on, this may impact the overall global market.

Will Ethereum take over Bitcoin? Elaborate.

No. Bitcoin has its own charm. It is the first crypto in the world. There could be a possibility that bitcoin will be more valuable due to the ethereum merge.

Which stage is the most crucial in your opinion?

Merging is the crucial point. This has a tremendous effect on the overall performance of the crypto market. The value of the block chain technologies is heavily dependent on etherium.

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 avatarAbdulgafar Abidemi Olorede

Crypto enthusiast

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

It will contributed to the crypto world at large and vindicate to be one of the strongest block chain ever after Bitcoin. However, the merge will create more value to ethereum and bring about more interest to the people while the bull run will create wealth at large to the people holding and to others who invest in any coin with ethereum block chain.

Will Ethereum take over Bitcoin? Elaborate.

This is not possible as for not it can't possible because Bitcoin has vindicated its self to be the strongest crypto block chain and the strength of all other crypto in fact Bitcoin is bigger than the inventor now because is has taken over all the world. It's a blur Vision for anyone who might think ethereum will bigger than Bitcoin just the pi investors and miners thinking PI will over come Bitcoin is not possible.

Which stage is the most crucial in your opinion?

The most crucial is that of if ethereum will bigger than Bitcoin affirmatively I will say no 100 times no matter how dip Bitcoin is still remain the giant

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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