Post
Topic
Board Altcoin Discussion
Re: Discussing the upcoming market
by
Wiwo
on 22/02/2023, 22:22:45 UTC
Don't forget that Ethereum's POW to POS upgrade didn't bring any benefit to the market or itself last year. So don't put too much hope on ETH events that will drive the market. And sometimes the market doesn't move with the news, like the January bull run, there's no positive news, but the market is still bullish. Cryptocurrencies are still a speculative, and manipulated, the market does not follow any rules and unpredictable market.
The market has its sentiment outside news and external influence,  and not all events can have a direct impact on the overall market price.

-Take the Ethereum network migration from POW-POS the network migratiocameme with a lot of hype and all manner of positive predictions, but up to this moment, there have not been any positive results recorded from that event.

-This made me wonder if the migration was really necessary and important and if yes how long will it take before its impact will be felt in the overall ethereum condition and value.