Quote from: rhodelmabanal on Today at 09:22:09 AM

Quote from: wmaurik on Today at 03:47:37 AM

Quote from: rony01941 on August 06, 2021, 07:48:26 PM

Plz you can go check ethereum current price in coinmarketcap or coingecko see how playing eth. It is sharply increasing even most altcoins shows green, eth hardfork ended just yesterday another a big reason showing in such a way of big move. Hardfork happen in the right time i think.

That's right mate, the London Hardfork or ETH 2.0 occurred at the right time so that moment looked very useful because when the Hardfork started the Ethereum price had started to increase and was supported by Bitcoin's increase at that time so that price growth could be stronger and would not collapse easily soon.

I agree on that, burning supply is one of the most common factor that can affect the price, it will make the price rise not only in ethereum but also in some any other altcoins, looking forward for the most bullish ethereum after this hard fork maybe the effect of this will take place 2 to 3 weeks after this successful hard fork.

What I just noticed after hardfork is transaction fees almost doubled or much higher and eth burning is really high already million dollars worth of eth already burned in just few days eth supply will become scarce in the next years making price go higher because of demand once scalability problems resolved.