Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 113. (Read 2006888 times)

sr. member
Activity: 546
Merit: 254
Proof-of-Stake Blockchain Network
September 29, 2019, 07:29:16 AM
Guys, how minimum i need to have ETH to pos, then it starts

Vitalik said 1000 ETH initially but you can join a pool with a lower amount. After sharding Close to 10 ETH.  But I think individually it will be tough to get ETH from POS. ETH founders & devs holding over millions of ETH. Big exchanges holding over 100 millions of ETH, Pretty sure they will stake their ETH too and then comes the big mining pools so it will be even tough to make a fraction of ethers from staking.

I would rather join a trusted pool. it will not worth it unless you have a heavy load of eth bags.

Here I thought my few ETHs would be enough to get started on PoS network of Ethereum lol. But not in my wildest dreams I can go to anywhere near that 1000 ETH requirement lol.
There will be much less ETH than 1000. But even if there is 1000, then decentralized pools will quickly appear where there will be those who do not have enough coins.
hero member
Activity: 2366
Merit: 838
September 29, 2019, 02:39:01 AM
Vitalik said 1000 ETH initially but you can join a pool with a lower amount. After sharding Close to 10 ETH.  But I think individually it will be tough to get ETH from POS. ETH founders & devs holding over millions of ETH. Big exchanges holding over 100 millions of ETH, Pretty sure they will stake their ETH too and then comes the big mining pools so it will be even tough to make a fraction of ethers from staking.

I would rather join a trusted pool. it will not worth it unless you have a heavy load of eth bags.
The point is how to secure investor funds if they decide to join staking pools? There are lots of scam Proof of stake/ masternode coins and scam masternode hosting platforms, GINcoin eg. which scam-exited without a single line of announcement of platform shutdown on their website.

Ethereum is a long-history and good reputable coin, with good supports from its own-built feature, smart contract. Anyway, I think investors have to take care of their small funds and read scam preventive mechanisms of any pools they want to join and put their funds in.
legendary
Activity: 1330
Merit: 1001
September 29, 2019, 12:29:12 AM
Guys, how minimum i need to have ETH to pos, then it starts

Vitalik said 1000 ETH initially but you can join a pool with a lower amount. After sharding Close to 10 ETH.  But I think individually it will be tough to get ETH from POS. ETH founders & devs holding over millions of ETH. Big exchanges holding over 100 millions of ETH, Pretty sure they will stake their ETH too and then comes the big mining pools so it will be even tough to make a fraction of ethers from staking.

I would rather join a trusted pool. it will not worth it unless you have a heavy load of eth bags.

Here I thought my few ETHs would be enough to get started on PoS network of Ethereum lol. But not in my wildest dreams I can go to anywhere near that 1000 ETH requirement lol.
sr. member
Activity: 728
Merit: 368
Sancho
September 28, 2019, 10:50:37 PM
I knew of ETHEREUM when it was pennies on the dollar and was so stupid that I didn't buy at the time a few thousand to keep for a better day. So many people have become very wealthy just because they bought ETH when it was dirt cheap. I don't know now if there is any chance to make that kind of wealth again in the Cryptosphere. I personally think those days are over now and those huge gains were made by the early adopters who just bought a few bags and then saw their investment skyrocket. I believe though the technology is here to stay and maybe in the future, we might have some good projects off of the Ethereum network that might make a few people happy financially, but it's those who invested in ETH early, who are the real winners here. At least we can congratulate their foresight at least if anything.
Do not reproach ourselves for being stupid, we are sometimes strong in hindsight, and it is always very easy to trade on the left side of the price chart, but on the right side there is always uncertainty. It was pretty hard to predict the hype around the tokensales. Smiley
member
Activity: 211
Merit: 55
September 28, 2019, 02:35:52 PM
I knew of ETHEREUM when it was pennies on the dollar and was so stupid that I didn't buy at the time a few thousand to keep for a better day. So many people have become very wealthy just because they bought ETH when it was dirt cheap. I don't know now if there is any chance to make that kind of wealth again in the Cryptosphere. I personally think those days are over now and those huge gains were made by the early adopters who just bought a few bags and then saw their investment skyrocket. I believe though the technology is here to stay and maybe in the future, we might have some good projects off of the Ethereum network that might make a few people happy financially, but it's those who invested in ETH early, who are the real winners here. At least we can congratulate their foresight at least if anything.

Seriously dude, unless you have millions of dollars and not give a shit, you think you would have held a thousand Ethereum from the price of pennies all the way up to a hundred? You would have sold all at 1-10$ as everyone else did.

legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
September 28, 2019, 02:05:54 PM
I knew of ETHEREUM when it was pennies on the dollar and was so stupid that I didn't buy at the time a few thousand to keep for a better day. So many people have become very wealthy just because they bought ETH when it was dirt cheap. I don't know now if there is any chance to make that kind of wealth again in the Cryptosphere. I personally think those days are over now and those huge gains were made by the early adopters who just bought a few bags and then saw their investment skyrocket. I believe though the technology is here to stay and maybe in the future, we might have some good projects off of the Ethereum network that might make a few people happy financially, but it's those who invested in ETH early, who are the real winners here. At least we can congratulate their foresight at least if anything.

Yes unfortunately we miss investing in some excellent get-rich opportunities such as Ethereum and sometimes invest in fraudulent projects instead.

It is all part of the learning process.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
September 28, 2019, 01:25:19 PM
I knew of ETHEREUM when it was pennies on the dollar and was so stupid that I didn't buy at the time a few thousand to keep for a better day. So many people have become very wealthy just because they bought ETH when it was dirt cheap. I don't know now if there is any chance to make that kind of wealth again in the Cryptosphere. I personally think those days are over now and those huge gains were made by the early adopters who just bought a few bags and then saw their investment skyrocket. I believe though the technology is here to stay and maybe in the future, we might have some good projects off of the Ethereum network that might make a few people happy financially, but it's those who invested in ETH early, who are the real winners here. At least we can congratulate their foresight at least if anything.
sr. member
Activity: 537
Merit: 251
September 28, 2019, 11:54:19 AM
Now there is definitely no information. In the best case, ordinary holders will be able to profit from PIC no earlier than 2021. But there is no final information yet. And as for the number of coins, it will be 1000 or 32 - I think there will be decentralized pools where several participants with small balances will gather.
POS/POW Bitcoin already has hundreds of younger brothers. From relatives. They will die from their father 's connection to the children. (POW) by genetics, a child may have problems. When merging two similar genotypes of parents, which is often the case with relatives, the child will take all the worst sides of them.... INCEST
Need fresh blood from nobody yet low-profile aliens...
sr. member
Activity: 537
Merit: 251
September 28, 2019, 11:36:34 AM
Now there is definitely no information. In the best case, ordinary holders will be able to profit from PIC no earlier than 2021. But there is no final information yet. And as for the number of coins, it will be 1000 or 32 - I think there will be decentralized pools where several participants with small balances will gather.
POS/POW Bitcoin already has hundreds of younger brothers. From relatives. They will die from their father 's connection to the children. (POW) by genetics, a child may have problems. When merging two similar genotypes of parents, which is often the case with relatives, the child will take all the worst sides of them.... INCEST
sr. member
Activity: 854
Merit: 257
Proof-of-Stake Blockchain Network
September 28, 2019, 06:56:33 AM
Now there is definitely no information. In the best case, ordinary holders will be able to profit from PIC no earlier than 2021. But there is no final information yet. And as for the number of coins, it will be 1000 or 32 - I think there will be decentralized pools where several participants with small balances will gather.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
September 28, 2019, 02:14:25 AM
Guys, how minimum i need to have ETH to pos, then it starts

Vitalik said 1000 ETH initially but you can join a pool with a lower amount. After sharding Close to 10 ETH.  But I think individually it will be tough to get ETH from POS. ETH founders & devs holding over millions of ETH. Big exchanges holding over 100 millions of ETH, Pretty sure they will stake their ETH too and then comes the big mining pools so it will be even tough to make a fraction of ethers from staking.

I would rather join a trusted pool. it will not worth it unless you have a heavy load of eth bags.
jr. member
Activity: 362
Merit: 7
September 28, 2019, 02:00:10 AM
Guys, how minimum i need to have ETH to pos, then it starts

Fairly sure it's around 30 ETH
member
Activity: 1260
Merit: 21
September 28, 2019, 12:30:19 AM
yes, be patients. crypto will recovering, just watch. i've seen many times the sky is falling scenario

Looks like today crypto-space is recovering a little bit after past few nights of constant dumping. Hopefully, this is going to continue and I can sleep at night little bit more peacefully and not constantly wake up to check CMC or blockfolio lol.

It's very hard to look at market during this period when it seems everything is crashing down, but from my experience back in 2018, am a bit relax now than before because eventually the market will always find a a way to recover, I don't think people will ever get use to seeing market this way, but is part of market behavior.
legendary
Activity: 1330
Merit: 1001
September 27, 2019, 11:47:43 PM
yes, be patients. crypto will recovering, just watch. i've seen many times the sky is falling scenario

Looks like today crypto-space is recovering a little bit after past few nights of constant dumping. Hopefully, this is going to continue and I can sleep at night little bit more peacefully and not constantly wake up to check CMC or blockfolio lol.
full member
Activity: 418
Merit: 103
September 27, 2019, 11:12:16 PM
15% down in a few minutes!!! Cheesy
Man... this BAKKT thing must be amazing!

This is not an organic market action!

I think bakkt just came at the wrong time, I don't think bakkt has anything to do with current market condition, maybe it would have happened with or without bakkt been lunch this month, it seems it's the normal market trend, everything will bounce back at the right time.
I agree with you. I was never interested in Bakkt. After the Bakkt official launch, the crypto market started falling down. People were interested in bakkt launch and I saw lots of prediction about the bull run after bakkt launch! Though I am not sure is this the only reason for the price dump!
hero member
Activity: 2562
Merit: 577
September 27, 2019, 11:01:56 PM
15% down in a few minutes!!! Cheesy
Man... this BAKKT thing must be amazing!

This is not an organic market action!

I think bakkt just came at the wrong time, I don't think bakkt has anything to do with current market condition, maybe it would have happened with or without bakkt been lunch this month, it seems to be the normal market trend, everything will bounce back at the right time.
sr. member
Activity: 924
Merit: 260
September 27, 2019, 10:23:50 PM
Can we have some estimate date of update and PoS staking?

I think maybe with new long awaited Ethereum 2.0 someone needs to created new ANN topic.

I don't think a new announcement topic is appropriate. We are already seeing some fragmentation in legitimate information sources. That's why most turn to Reddit Ethereum for updates because of the varied sources.
legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
September 27, 2019, 06:35:55 PM
Can we have some estimate date of update and PoS staking?

I think maybe with new long awaited Ethereum 2.0 someone needs to created new ANN topic.
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
September 27, 2019, 04:22:08 PM
yes, be patients. crypto will recovering, just watch. i've seen many times the sky is falling scenario


You are right, eventually the prices will go up but nobody knows when that will happen.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
September 27, 2019, 04:13:02 PM
Ethereum price has been taking a beating alongside almost all others.

The whole market is looking quite bad right now.

Ethereum  and many other coins dumped very hard and today i sow some green bar on some coins.but compare to few weeks before eth lost more than 50 of its value within very short of time now it trading on $173 price on yobit hope it will survive and give good return

Agreed with you all coins are following the foot steps of BTC when it get dumped hard so others follow it but today is looking nice with green signs in the market. ETH will get succeed to make its way and will show more better performance in future.

And yet Ethereum and XRP are less magnetized by BTC than other coins, yet they are all being affected at some level by the overall market psychology
Jump to: