Post
Topic
Board Speculation (Altcoins)
Re: Do we see 5k Eth price by end of the month
by
TheGreatPython
on 10/09/2021, 15:18:55 UTC
According to your theory and most judgments here, eth's position can change as long as the market becomes a piece for a missing corner of eth when fuel eth 2.0 is being pumped gradually and coming to a decision point, just need the market to press the start button and it will be full of tools and this situation will be very fast if the market is green like a few months ago. But we're also not in a sprint against time and the market, a stretch of eth's distance from the target can be added gradually, rather than draining eth in a short time.
The reality is that ETH 2.0 itself could bring green to market all by itself. I mean it is such a huge deal that will change the crypto world that I do not think we could have anything that is remotely close to that in impact. Which is why if people see it as a positive which many do (except miners) then we are going to see crypto markets skyrocketing, and that is what matters the most.

I personally do not believe that 2.0 will be anytime this year, it will probably be next year or even maybe 2023 as well, we all know development on ETH is always postponing stuff, even the simplest London fork took so many months of constantly postponing to finally happen. Which means that something that is called "late 2021, early 2022" could be as late as "late 2022, early 2023" in the ETH development world. So, if ETH reaches to 5k this month, it will not be because of 2.0 at all.