What gives Ethereum's value the potential to increase?

[Suba]

A rewrite on the Blockchain allows people or organizations to create smart contracts. and now after upgrading from Ether1.0 to Ether 2.0 Ethereum investment increased drastically. In the opinion of many people Ether is the best investment after Bitcoin and has the potential to increase its value, so in your opinion, what is the reason the value of Ether is always increasing?

 

[Prettybabe]

I feel what gives etherum the potential to increase is the fact that a lot of persons are beginning to hold etherum... And that causes any increase in value.

This is just not for etherum but any cryptocurrency that people are willing to hold will increase in value.

 

[Ralphjoe]

What gives ethereum this value and great potentials to rise is the value of the coin in the market, it's the second most valuable coin in the market after Bitcoin.
Ethereum and Bitcoin are the future of online payment.

 

[Nova]

ETH is like supercomputer which allows multiple other chains and the tokens that allow you to do things. And so the value of the blockchain is on how it extends with various types of the increasing blockchain. ETH seems to be having the transaction cost issue. And in near future I hope that would not be there because that is what is limiting the potential of the site.

 

[BrolySSJ]

I think that the reason for the value increase in bitcoin is brought about by the ethereum 2.0 being released. This new system is aiming to solve a lot of the problems that were previously experienced with ethereum, and also aims to have lower transactions fees which is very attractive for anyone in the crypto world, as bitcoin transaction fees can be quite expensive. Therefore people are turning to ethereum and in so doing have caused the price increase.

 

[Peterlight]

I don't see ethereum has a valuable asset, more like a waste of time and investment.
Their fees are high and you can't even make transfer with as low as $5 and not be scared of the money being split into two by the gas fee and problem.

 

[Niftyyem]

The only limitation that ethereum is having now is the high gas fees. If that is taken away, ethereum has very high potential and its market is huge thanks to all the projects made possible on its network.

 

[Onachukwu]

Etherum increase is as a result of the increase in bitcoin price. Bitch seems to control the price of other cryptocurrencies. So an increase in the price of bitcoin will increasee etherum and vise versa

 

[Jimmie150]

One of the major reason should be attributed to the tremendous rise in bitcoin prize. Due to that users decided to go for ethereum that is a bit less and stock it up for the future. I still see it rising above what it is today.

 

[GoldenLady]

A rewrite on the Blockchain allows people or organizations to create smart contracts. and now after upgrading from Ether1.0 to Ether 2.0 Ethereum investment increased drastically. In the opinion of many people Ether is the best investment after Bitcoin and has the potential to increase its value, so in your opinion, what is the reason the value of Ether is always increasing?

It's one question I'm yet to answer. Sometimes it seems like it's because of the smart contracts.
Sometimes it's like there are other market factors affecting the growth of Ethereum. Just like with Bitcoin,.it's really hard to tell.

 

[Nurudeen]

I think the major reason why Ethereum is rising at this current pace is because of the last year smart contract that introduced matrix and donation network for people to make more money with Ethereum. No if Ethereum 2.0 is launched I think the pace of the former eth will help the new one

 

[Bilal0087]

A rewrite on the Blockchain allows people or organizations to create smart contracts. and now after upgrading from Ether1.0 to Ether 2.0 Ethereum investment increased drastically. In the opinion of many people Ether is the best investment after Bitcoin and has the potential to increase its value, so in your opinion, what is the reason the value of Ether is always increasing?

The growth of cryptocurrencies depends on the several factors, same is the case with ethereum, when there is more buying pressure then its demand increased and its worth also enhance and some time its price is also affected by smart contract.

 

[Kelly5]

A rewrite on the Blockchain allows people or organizations to create smart contracts. and now after upgrading from Ether1.0 to Ether 2.0 Ethereum investment increased drastically. In the opinion of many people Ether is the best investment after Bitcoin and has the potential to increase its value, so in your opinion, what is the reason the value of Ether is always increasing?

I have always and will still maintain the position that cryptocurrency behavior are stemed from the way Bitcoin behaves. If Bitcoin goes up, most cryptos go up. If it comes down, they come down. This is my opinion anyways

 

[Rainlover207]

I think the major reason why Ethereum is rising at this current pace is because of the last year smart contract that introduced matrix and donation network for people to make more money with Ethereum. No if Ethereum 2.0 is launched I think the pace of the former eth will help the new one

For real? I always thought that ethereum pump was as a result of its usecase.

 

[Chumzy]

Etherum is a lovely coin and came as an upgrade to bitcoin. It came with filling the shortcomings of Bitcoin in the sense of speed especially. Then also there is a decentralised system which etherum runs on.

 

[Onachukwu]

Etherum increase is as a result of the increase in bitcoin price. Bitch seems to control the price of other cryptocurrencies. So an increase in the price of bitcoin will increasee etherum and vise versa

 

[Ehizzy1]

I think many were considering the transaction fee before investing or sending ethereum , so now they are investing because they believe that the amount of ethereum fee would fall after the creation of the second version of ethereum , so i am not really surprised about that i think

 

[Damscooguns73]

Concerning what gives ethereum increase in value. Well, I believe ethereum is a very good coin to invest in apart from bitcoin, it also accommodate investors with short term and long term investment. The only let down I see in ethereum is the high gas fee charges when transacting.

 

[Yewande]

When people see the way Bitcoin is at the moment, a lot of persons have regret for not investing. Many people see ethereum as a chance to invest in crypto and correct their mistakes of not investing in Bitcoin initially

 

[Mrallison]

What gives ethereum the value to increase is actually the fact that it has many investors at the moment and we all know that the more your currencies are bought the higher the value gets and that I think is the major reason for it growth