Quote from: Ayers on October 14, 2022, 08:58:49 AM

Quote from: Oceat on October 11, 2022, 11:41:49 PM

Quote from: NewRanger on October 09, 2022, 11:50:29 AM

Quote from: bittick on September 28, 2022, 05:29:34 PM

the merge was indeed gets anticipated by many of eth fans, even though the rumour was definitely gives more impact in value of eth, I think the reason eth is instead losing its value after the merge is that it's the same reasoning like when btc halving occuring, the rumour of halving could increase the value meanwhile right at the halving event the value is decreasing instead. the rumour is already making the merge seems normal added with the fact that after the merge nothing significant truly occurred.

i think thats not only the reason, we have psychological reason in finance market which is said buy the rumour and sell the fact. this is also happen recently to ethereum , alot ethereum community or investors interested with its merge. alot rumour that will happen after its done , so when they see the fact no matter that bad or good taking profits will do by them. speculation were done and its time to take profits.

People are anticipating that ETH would pump after the merge but they didn't expect this was going to happen since we are still in a bearish market. It may not be a problem if Ethereum isn't following the trend of Bitcoin but the fact that most altcoins are following Bitcoin as the trend they will eventually follow no matter what they are expecting it's either pump or dump but unfortunately during the merge it was in the bear market. That's why most of them sell their investment instead of holding we can't stop them it's their choice.

first, because we're in a bear market, it's very hard to pump and one thing i don't know if people remember. prior to the merge, the ETH price also rallied and at one point hit over $2k in the pre-merger period. showed that people were caught up in the Fomo wave created by the sharks and it was not surprising that when the merge happened, people continued to expect higher prices but it ended up going in the opposite direction. everyone has high expectations so it will be very disappointing when it doesn't go as planned

I think it was a pump and dump and now people are locked in staking their ETH and the devs won't let them withdraw from the contract for frear that they will sell and ETH will go back under 200 dollars where it belongs. I don't get why you would stake Ethereum anyways when it only pays out 3.5-4.5% APY, especially considering that you can get up to 80%+ staking MAXX on MAXX finance or even staking a POS coin in your wallet, like NEAR protocol.