Re: Ethereum where to go??

Quote from: DarkIT on Today at 11:23:52 PM

Quote from: Imran232 on August 02, 2021, 07:21:25 AM

Though we know we saw lots of development and hardfork in ethereum coin and every hardfork gives a little push to ethereum. And Ethereum is the second most choose and trusted coin for crypto users. But after the blockchain fee problem in ethereum people are being so frustrated. And then we heard about EIP-1559. We know that EIP-1559 is mostly known as london network upgrade. And for this upgrade they get a huge amount of ethereum donation. We all are waiting for that upgrade day. And we know this EIP-1559 will be work for fee market change in Ethereum 1.0 now that time is comes only 3 few days left for that hardforking day. Will you guys excited.

Now whats your opinion about EIP-1559 can this hardfork being a game changer for ethereum? And whats your thought where this upgrade reach ethereum price.

This had some impact on ethereum price. So the price had reached the all time high.

It's not yet reached another new ATH. Check the market first before you wanna try to create an opinion about that dude. This fork was driving the price of ethereum to high caused by the burn mechanism. This also decreases the supply that minted by the miners. In some transactions and it shows negative and that means ethereum enters into the deflationary mode. People think if ethereum will not have a big total supply.
The impact from this update was not so big. The update that needed by whole of ethereum users just like increase the blocksize was not yet executed