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Topic: [ANN] Ethereum: Welcome to the Beginning - page 229. (Read 2006793 times)

full member
Activity: 728
Merit: 100
What we have seen in past POS leads to more centralization because to mint/stake tokens you need more and more tokens for bigger piece of pie. Many addresses don't even qualify for staking because of their weight which stays lighter than network. In case of Ethereum how these basic rules will change or what solutions will be introduced will remain to see. In market ETH looks in good mood to lead the market just like 2017.
And now in your opinion is not centralization of Ether? People owning large amounts of Ether manipulate the market by selling (buying) coins.
sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
then binance is even more retarded than i thought lol.

wtf these exchanges are a joke.

Sorry, why so?
Binance and other exchanges will support the hardfork in the future, it is necessary because ETH's developer is going to upgrade their system.
do not you think that it makes more sense for them to support this hardfork?
based on the source that I get, we are only seeing an upgrade and there will be no more crap coin created because of this hardfork. how could you say joke when they are fully supporting this upgrade? or something is missing?
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
then binance is even more retarded than i thought lol.

wtf these exchanges are a joke.
legendary
Activity: 1484
Merit: 1491
I forgot more than you will ever know.
I hope that the 3 forks of Ethereum will not just be launched, but will benefit Ethereum, the Binance Exchange officially wrote that it will support all the forks of Ethereum.

BS. They will not support ETCV or the other crap. They will only change your ETH to "Constantinople ETH".
legendary
Activity: 2492
Merit: 1449
I hope that the 3 forks of Ethereum will not just be launched, but will benefit Ethereum, the Binance Exchange officially wrote that it will support all the forks of Ethereum.


Any link to this announcement, please ?
full member
Activity: 840
Merit: 117
HEY GUYS
THERE IS 3 FORKS IN JANUARY?Huh?

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Ethereum+%28ETH%29&SortBy=0

or 1 or 2?
Which is not real or scam? tell me please correct info i will add it to CALENDAR
I think there are 3 forks of ethereum that will happen this month.
First one in 11 jan, second one 12 jan and third 16 jan, i believe.
I just find out this info from this website link below.
https://cryptopotato.com/hot-january-for-ethereum-the-three-hard-forks-you-should-know-about/

That's confusing thing for all holders when we mix up it other stuff there is only 1 hard fork is planned from the official team. Rest of them are just like ordinary airdrop so no need to take them as serious the original hard fork which will happen on block #7080000
Yeah that's really confusing but why these shit websites spreading this kind of false news about Ethereum fork?   Huh
Even there is only one hard fork on block #7080000 as you said. Thanks for info!  Smiley
sr. member
Activity: 840
Merit: 250
I hope that the 3 forks of Ethereum will not just be launched, but will benefit Ethereum, the Binance Exchange officially wrote that it will support all the forks of Ethereum.

HEY GUYS
THERE IS 3 FORKS IN JANUARY?Huh?

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Ethereum+%28ETH%29&SortBy=0

or 1 or 2?
Which is not real or scam? tell me please correct info i will add it to CALENDAR
I think there are 3 forks of ethereum that will happen this month.
First one in 11 jan, second one 12 jan and third 16 jan, i believe.
I just find out this info from this website link below.
https://cryptopotato.com/hot-january-for-ethereum-the-three-hard-forks-you-should-know-about/
legendary
Activity: 1876
Merit: 1003
HEY GUYS
THERE IS 3 FORKS IN JANUARY?Huh?

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Ethereum+%28ETH%29&SortBy=0

or 1 or 2?
Which is not real or scam? tell me please correct info i will add it to CALENDAR
I think there are 3 forks of ethereum that will happen this month.
First one in 11 jan, second one 12 jan and third 16 jan, i believe.
I just find out this info from this website link below.
https://cryptopotato.com/hot-january-for-ethereum-the-three-hard-forks-you-should-know-about/

That's confusing thing for all holders when we mix up it other stuff there is only 1 hard fork is planned from the official team. Rest of them are just like ordinary airdrop so no need to take them as serious the original hard fork which will happen on block #7080000
full member
Activity: 840
Merit: 117
HEY GUYS
THERE IS 3 FORKS IN JANUARY?Huh?

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Ethereum+%28ETH%29&SortBy=0

or 1 or 2?
Which is not real or scam? tell me please correct info i will add it to CALENDAR
I think there are 3 forks of ethereum that will happen this month.
First one in 11 jan, second one 12 jan and third 16 jan, i believe.
I just find out this info from this website link below.
https://cryptopotato.com/hot-january-for-ethereum-the-three-hard-forks-you-should-know-about/
hero member
Activity: 1680
Merit: 583
xUSD - The PRIVATE stable coin - Haven Protocol
HEY GUYS
THERE IS 3 FORKS IN JANUARY?Huh?

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Ethereum+%28ETH%29&SortBy=0

or 1 or 2?
Which is not real or scam? tell me please correct info i will add it to CALENDAR

the ETCV and ETN are airdrops
the real implementation on the ethereum that will affect ETH will be Constantinople mainnet hard fork scheduled for block #7080000
newbie
Activity: 420
Merit: 0
HEY GUYS
THERE IS 3 FORKS IN JANUARY?Huh?

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Ethereum+%28ETH%29&SortBy=0

or 1 or 2?
Which is not real or scam? tell me please correct info i will add it to CALENDAR
hero member
Activity: 1680
Merit: 583
xUSD - The PRIVATE stable coin - Haven Protocol
i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

can be, cause this is a 33% less reward for the mined block, but the elec cost remain the same, so, there will be a price spike, or lot of miners will choose other coins to mine
here the math is very simple  Smiley

mmm, you say something right. If the price will not rise after the fork, miners could switch to an other more profitable coins/token.
I don't remenber well, but the last halving of btc, did not bring a rise of the price..

it does :-) of course it does, the last BTC halving was implemented summer 2016. and BTC was sitting on ~650$, a year later was sitting on ~2.500 $ it's a spike of ~280%
so, my logic drives me thinking that ETH can do a significant run in the next year, before the final POS implementation
hero member
Activity: 1666
Merit: 565
i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

can be, cause this is a 33% less reward for the mined block, but the elec cost remain the same, so, there will be a price spike, or lot of miners will choose other coins to mine
here the math is very simple  Smiley

mmm, you say something right. If the price will not rise after the fork, miners could switch to an other more profitable coins/token.
I don't remenber well, but the last halving of btc, did not bring a rise of the price..
legendary
Activity: 1876
Merit: 1005
What we have seen in past POS leads to more centralization because to mint/stake tokens you need more and more tokens for bigger piece of pie. Many addresses don't even qualify for staking because of their weight which stays lighter than network. In case of Ethereum how these basic rules will change or what solutions will be introduced will remain to see. In market ETH looks in good mood to lead the market just like 2017.
hero member
Activity: 1680
Merit: 583
xUSD - The PRIVATE stable coin - Haven Protocol
so what to mine next after Eth go to POS? etc or Huh Huh

you have over a year until ETH will go POS, so, if you are still supporting ETH by mining you can continue to do it cause the next implementation is not POS, is Constantinople
https://www.reddit.com/r/ethereum/comments/abv70c/heres_a_summary_of_the_constantinople_update/
sr. member
Activity: 806
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Usually, block halvings tend to lead to price increases later due to lower inflation rate, and lower total supply on the market.
It will be the same as bitcoin halving but it will reduce the coin that will have produced by the miners to be dumped to the market. basically, it will decrease the inflation that caused by the miners.
that's so simple to understand.
In contrast, switching to PoS is too risky due to more coins will be spread out to more weak hands.
By saying 'weak hands', I meant small stakers who tend to dump their rewarded coins from staking process.
But, it is just a theory and common scenario.
Let's see what's happen with the specific case of Ethereum when it switch to PoS.

Technically speaking it gives an equal chance and opportunity for all to stake and get rewarded, before switching to PoS only miners can earn by mining eth, rest of people who don't have a clue or cannot mine will result to buy eth and still you get nothing for hodling in your wallet whatsoever,

Now the story is different, instead of having idle eth in your wallet, stake it and get rewarded, price will always be affected either way,
other coin/token without POS or POW still have their price affected, demand and supply will determine the price, bottom-line now is soon pos will be available to all and people can make decision to stake or not, i don't see the risk here.

That is the point. As if miners aren't really dumping it hard when the prices are growing up. I have any friends that are miners too and some of them have huge mining plants. They are regularly dumping some for their ROI and maintenance and other expenses.

POS is generally better. Also this is great for our environment.
sr. member
Activity: 630
Merit: 253
Usually, block halvings tend to lead to price increases later due to lower inflation rate, and lower total supply on the market.
It will be the same as bitcoin halving but it will reduce the coin that will have produced by the miners to be dumped to the market. basically, it will decrease the inflation that caused by the miners.
that's so simple to understand.
In contrast, switching to PoS is too risky due to more coins will be spread out to more weak hands.
By saying 'weak hands', I meant small stakers who tend to dump their rewarded coins from staking process.
But, it is just a theory and common scenario.
Let's see what's happen with the specific case of Ethereum when it switch to PoS.

Technically speaking it gives an equal chance and opportunity for all to stake and get rewarded, before switching to PoS only miners can earn by mining eth, rest of people who don't have a clue or cannot mine will result to buy eth and still you get nothing for hodling in your wallet whatsoever,

Now the story is different, instead of having idle eth in your wallet, stake it and get rewarded, price will always be affected either way,
other coin/token without POS or POW still have their price affected, demand and supply will determine the price, bottom-line now is soon pos will be available to all and people can make decision to stake or not, i don't see the risk here.
hero member
Activity: 2366
Merit: 838
Usually, block halvings tend to lead to price increases later due to lower inflation rate, and lower total supply on the market.
It will be the same as bitcoin halving but it will reduce the coin that will have produced by the miners to be dumped to the market. basically, it will decrease the inflation that caused by the miners.
that's so simple to understand.
In contrast, switching to PoS is too risky due to more coins will be spread out to more weak hands.
By saying 'weak hands', I meant small stakers who tend to dump their rewarded coins from staking process.
But, it is just a theory and common scenario.
Let's see what's happen with the specific case of Ethereum when it switch to PoS.
legendary
Activity: 3332
Merit: 1034
Leading Crypto Sports Betting & Casino Platform
i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

maybe it can, because it will reduce the coins circulating in the market. it seems like bitcoin Halving, sooner or later after halving bitcoin the price of bitcoin is slowly rising.. so I think the reduction in reward blocks can make ethereum prices rise slowly or at least make prices more stable.
It will be the same as bitcoin halving but it will reduce the coin that will have produced by the miners to be dumped to the market. basically, it will decrease the inflation that caused by the miners.
that's so simple to understand.
hero member
Activity: 3080
Merit: 603
It's million dollars question when ETH will break the $200 level resistance or we will see again pull back before it touch this level. At the moment everyone is looking confident soon this will break this psychological barrier and it will start the bull rally.
$52 more dollars with that. As long as I see it higher than $80, I'm more comfortable and feel better that way.

Before the constantinople fork, an expected pump will occur I guess..
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