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

work: 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 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 avatarAmit Patil

nftjag.com | Co-Founder CEO @ WhiteCOde

What is your general opinion about the Merge itself?

It is a good decision, looking at the energy requirements for the Proof of Work. The delay is creating a lot of uncertainty in the market. But it will settle.

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

I think the chances of it getting delayed are high, looking at the complexity of the existing network. Stability is a major concern rather than timely release.

What is your price target for ETH after the merge?

The merge will give a good boost to the Ethereum community. Existing miners will hold as much as possible ETH for staking creating a market scarcity and end result as a higher ETH price. I think it can rise by 40% to its current price.

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

No, not using L2 Arbitrum right now. But it seems like n interesting implementation reducing transaction costs for the Dapps will certainly make use of it after Merge.

article avatarNuman Polattimur

Psychologist

What is your general opinion about the Merge itself?

I love the idea. We are shifting from proof of work to proof of stake where random selected miners validate transactions. This will help the ecosystem to grow. It will be accessible to anyone as well.

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

I dont think the realise date will be delayed since ETH has been maybe the most trusted cryto project in the market and everything is planned according to the roadmap. We shall see how it goes.

What is your price target for ETH after the merge?

The price will increase with many more investors jumping on the train but we may see it bouncing back to the lower levels if the market behaves differently.

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

I haven't used L2 yet. Since I'm collecting and holding my WIS token I might just give it a try before the ETH price pumps because of the WIS price is mostly stable increase on ETH will cost me some profit lost.

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 avatarAshfaqudheen C M

Junior developer

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

Ofcourse I'm using Arbitrum. it's become a popular venue for Ethereum users to complete their transactions. Abritrum is cheap and quick to use, and relays all transaction information back to the main Ethereum blockchain.

article avataryoga prasaja

Trader, CM, Developer, Roller

What is your general opinion about the Merge itself?

nice thing to do, it will be helpfull in the future of performance, rather than old consensus, current merge are gread idea for me, pos will be better than pow

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

i think there's no big problems about the date, will it be postponned or not it doesn't taake much affect, lauanching date also need some preparation, then once get launched all thing should work properly

What is your price target for ETH after the merge?

for ethereum price, i don't see it will breach new ath on this year, also depend on how bitcoin will move, but for long term hold i'm sure that $6000 ethereum is easy

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

i've use some layer 2 including arbitrum, layer 2 offer us much things, from the cheapest gas fee and etc, but unfortunately still lack of CEXes which support layer 2 deposit

article avatarsyndrome music

Senior

What is your general opinion about the Merge itself?

I think ethereum is a real fundamental, delays in transactions are reasonable but I'm sure ethereum will also maximize it even better for the convenience of asset holders, this price is often controversial because most cryptos follow the price of btc to go up and down but until this moment in my opinion is a good development for ethereum and when btc goes up it's possible that new ath ETH will be created

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

I think ETH will really work out everything, delays may occur because there is no stability yet, but when everything is ripe I'm sure ETH will be able to attract investors to stay in ETH

What is your price target for ETH after the merge?

I'm not targeting the price of ETH but I'm sure when everything matures ETH can compete with the new ATH, which will be in the spotlight of investors and so will the basic ETH token

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

I've been using it since the beta test and I'm very satisfied with L2 Arbiturm and when the merger occurs I will probably use L2 more often to make transactions

article avatarJustin Ogden

Crypto Enthusiast

What is your general opinion about the Merge itself?

I think that the merge is going to be a good idea, the reason being that Ethereum main Coin is still there and the updated one is there also so that way it doesnt look like they messed up. Makes it look a lot more solid

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

Ha most projects delay that way they know everything will work properly but i think they should just do it anyway and fix problems from there

What is your price target for ETH after the merge?

I think the price target for ethereum could reach 10k fairly easy, after that if the entire world uses it than atleast 1 million i would say. Ethereum is slow but not that slow. It is price for transactions so if that was ever fixed than Ethereum would go sky high

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

I am not that familiar with Arbitrum but i have heard a lot about it, the word that is. Arbitration or whatever its called is a lower fee idk

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

Experience Experty at its fullest

Join to unleash the power of crypto wisdom and never feel FOMO again.

Sign up