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Ethereum

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    #542
    seannash
    Registered Users Posts: 5,672 ✭✭✭seannash


    unkel wrote: »
    Another ATH today, over $1900. Starting to think it's more likely than not that we will see $2000 within a week or two. Not sure about anyone else but I have far higher confidence this time that the coins are here to stay and might keep going up (mostly / longer term) than I was during the previous bull run in late 2017 / early 2018
    Until Layer 2 i think ethereum will be left behind a bit. The gas fees are crazy on rhe exchanges. With new DEX out there to replqce uniswap and sushi i think ethereum will suffer for it.
    It'll still give you returns though


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    #543
    unkel
    Registered Users Posts: 64,771 ✭✭✭✭unkel


    Yeah I really find it hard to understand that ETH is rallying so much despite the brutal tx fees. I guess it got badly behind BTC and is just catching up a bit.


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    #544
    Thargor
    Registered Users Posts: 17,865 ✭✭✭✭Thargor


    Why wouldn't it? Gas fees are a temporary blip, nobody comes close to ETHs portfolio of developers and apps.

    Another ATH just now.


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    #545
    Irish_rat
    Registered Users Posts: 2,554 ✭✭✭Irish_rat


    unkel wrote: »
    Yeah I really find it hard to understand that ETH is rallying so much despite the brutal tx fees. I guess it got badly behind BTC and is just catching up a bit.

    I'm not as bullish on eth as I once was, it's upgrade to 2.0 could take two years and a lot of the money will be moved from erc20 during this time if the fees continue


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    #546
    dav09
    Registered Users Posts: 774 ✭✭✭dav09


    It certainly feels like early-mid 2017 again, but this time we know crypto is here to stay. I do worry about how far Eth 2.0 is away but I still prefer it to somewhat similar coins like Cardano/Polkadot/etc. More adoption already and is heading in the right direction to POS.


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    #547
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    I'm considering cashing in my ETH to buy in again when it drops


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    #548
    grindle
    Registered Users Posts: 6,026 ✭✭✭grindle


    What are those price points? The largest drop in the past 3 months was 25%, it recovered in days and has nearly quadrupled in price since.


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    #549
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    grindle wrote: »
    What are those price points? The largest drop in the past 3 months was 25%, it recovered in days and has nearly quadrupled in price since.

    The closer it gets to 2.0 the more risk there is of a big drop IMO


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    #550
    grindle
    Registered Users Posts: 6,026 ✭✭✭grindle


    Deleted User wrote: »
    The closer it gets to 2.0 the more risk there is of a big drop IMO

    It's what I was waiting for in terms of Bitcoin reaching $1 trillion cap, let's hope that happens. There's a nice slice down on the hourly but I can see a lot of news over the next day about BTC hitting a trillion to stoke the hype machine. When I have family members texting me about prices I know stuff's a little much, and that was happening today.
    They're cute enough to think I own BTC cos it's all the same thing to them. Adorable!


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    #551
    seannash
    Registered Users Posts: 5,672 ✭✭✭seannash


    Irish_rat wrote: »
    I'm not as bullish on eth as I once was, it's upgrade to 2.0 could take two years and a lot of the money will be moved from erc20 during this time if the fees continue

    Yep I honestly think if I was new to crypto I'd be reading about cardano and polkadot. They are cheaper, readily available and have a lot more news circulating. Im certainly not saying ethereum is dead but its lagging behind. The fees are insane


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    #552
    TheMilkyPirate
    Registered Users Posts: 5,963 ✭✭✭TheMilkyPirate


    ETH just went 2k


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    #553
    Thargor
    Registered Users Posts: 17,865 ✭✭✭✭Thargor


    unkel wrote: »
    Another ATH today, over $1900. Starting to think it's more likely than not that we will see $2000 within a week or two. Not sure about anyone else but I have far higher confidence this time that the coins are here to stay and might keep going up (mostly / longer term) than I was during the previous bull run in late 2017 / early 2018
    48 hours later lol.


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    #554
    Raoul
    Registered Users Posts: 7,687 ✭✭✭Raoul


    Anyone have targets for Eth in the near future?


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    #555
    makeorbrake
    Registered Users Posts: 4,664 ✭✭✭makeorbrake


    unkel wrote: »
    Not sure about anyone else but I have far higher confidence this time that the coins are here to stay and might keep going up (mostly / longer term) than I was during the previous bull run in late 2017 / early 2018
    There's no doubt in the world but that crypto is here to stay. Getting beyond that, it will be a question of which are the category leaders that survive and grow/continue to grow exponentially. 90% of these projects otherwise will have to wither and die. We have not seen much of that happen just yet but you'd imagine that process will have to start to figure itself out between now and the end of the next cycle.


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    #556
    banie01
    Registered Users Posts: 16,468 ✭✭✭✭banie01


    Raoul wrote: »
    Anyone have targets for Eth in the near future?

    Have a few sells in at 2160 and 2250.
    Not high volumes but just a little profit taking of it gets there.

    ETH is a monster, but I do worry that alternative chains may overtake or at least achieve a parity of developers and projects with the delay to ETH 2.0.

    BNB looks to be filling that role at the mo, but ETH has left competition behind in the past, NEO, QTUM and others spring to mind.
    But, ETH still rules the roost for now at least.

    There needs to be action on fees other than reliance on 2nd layer options tho IMO.
    Fees are the bane of ETH currently.


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    #557
    Grumpypants
    Registered Users Posts: 7,750 ✭✭✭Grumpypants


    Raoul wrote: »
    Anyone have targets for Eth in the near future?

    €2500-3000 is reasonable I think.


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    #558
    antgal23
    Registered Users Posts: 497 ✭✭antgal23


    Raoul wrote: »
    Anyone have targets for Eth in the near future?

    4 to 5 k


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    #559
    antgal23
    Registered Users Posts: 497 ✭✭antgal23


    unkel wrote: »
    Another ATH today, over $1900. Starting to think it's more likely than not that we will see $2000 within a week or two. Not sure about anyone else but I have far higher confidence this time that the coins are here to stay and might keep going up (mostly / longer term) than I was during the previous bull run in late 2017 / early 2018

    Just like 2018 the whole market will crash this year

    In the meantime alts will rocket


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    #560
    grindle
    Registered Users Posts: 6,026 ✭✭✭grindle


    antgal23 wrote: »
    Just like 2018 the whole market will crash this year

    I still don't get why you think the 4 year cycle is becoming 3 years. In a year where the richest man on earth just plunged $1.5b into a sh!tcoin and investment funds are gobbling BTC supply up to $35k.


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    #561
    Raoul
    Registered Users Posts: 7,687 ✭✭✭Raoul


    banie01 wrote: »
    Have a few sells in at 2160 and 2250.
    Not high volumes but just a little profit taking of it gets there.

    ETH is a monster, but I do worry that alternative chains may overtake or at least achieve a parity of developers and projects with the delay to ETH 2.0.

    BNB looks to be filling that role at the mo, but ETH has left competition behind in the past, NEO, QTUM and others spring to mind.
    But, ETH still rules the roost for now at least.

    There needs to be action on fees other than reliance on 2nd layer options tho IMO.
    Fees are the bane of ETH currently.

    Absolute joke to be honest!


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    #562
    grindle
    Registered Users Posts: 6,026 ✭✭✭grindle


    Can't be helped until EIP 1559 is implemented, high spenders are currently willingly paying well over the odds to be included in a block asap which cumulatively drags the tx cost way up for others as the price races up.

    It'll be interesting to see what effect sharding has whenever it arrives, there'll be a balancing act because now all of a sudden the network can handle 64x times the transactions so fees will go down - until there are 64x times the amount of transactions on layer 1 as there are now.


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    #563
    Lex Luthor
    Registered Users Posts: 11,220 ✭✭✭✭Lex Luthor


    antgal23 wrote: »
    Just like 2018 the whole market will crash this year

    In the meantime alts will rocket

    I wouldnt say crash, but I do think BTC will top out late late this year while alts will continue to maybe Feb/Mar 22


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    #564
    el diablo
    Registered Users Posts: 5,745 ✭✭✭el diablo


    grindle wrote: »
    I still don't get why you think the 4 year cycle is becoming 3 years. In a year where the richest man on earth just plunged $1.5b into a sh!tcoin and investment funds are gobbling BTC supply up to $35k.

    Sh1tcoin? Tesla purchased BTC. Not DOGE. :confused:

    We're all in this psy-op together.🤨



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    #565
    grindle
    Registered Users Posts: 6,026 ✭✭✭grindle


    el diablo wrote: »
    Sh1tcoin? Tesla purchased BTC. Not DOGE. :confused:

    No ill feelings meant (although I would prefer if BTC was usable at scale), I call them all sh!tcoins. It's like a pet name at this stage so when family or friends ask about it I refer to them all as sh!tcoins. They start asking about it all when prices rise & the main advice I've given to them has been
    "Are you prepared to watch €10k turn into €1k?"
    Because they don't care abut the idea, only the boom. I could afford the risk a few years ago, most people I know can't. Most people I know who could afford it don't deserve it cos they still think it's a ponzi.


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    #566
    JTMan
    Registered Users Posts: 5,535 ✭✭✭JTMan


    I see Coinbase are going to give 8.5% interest on Ethereum.


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    #567
    shakedown
    Registered Users Posts: 203 ✭✭shakedown


    JTMan wrote: »
    I see Coinbase are going to give 8.5% interest on Ethereum.

    Up to 7.5%, and they take a commission on all rewards. :(

    25% staking commission according to: https://www.coinbase.com/legal/user_agreement


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    #568
    Father Hernandez
    Registered Users Posts: 11,201 ✭✭✭✭Father Hernandez


    Hitting ATH's today.

    Not far off €2k


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    #569
    Thargor
    Registered Users Posts: 17,865 ✭✭✭✭Thargor


    Powering ahead now...


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    #570
    Grumpypants
    Registered Users Posts: 7,750 ✭✭✭Grumpypants


    Berlin fork due today/ tomorrow should reduce the gas fees significantly. ETH should take off then if all goes okay. Seeing the early signs already.


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    #571
    OEP
    Registered Users Posts: 1,148 ✭✭✭OEP


    Grumpypants wrote: »
    Berlin fork due today/ tomorrow should reduce the gas fees significantly. ETH should take off then if all goes okay. Seeing the early signs already.

    I think it's the London fork that will do that. Berin fork just happened there


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