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Topic: [ANN] Ethereum: Welcome to the Beginning - page 24. (Read 2006003 times)

sp_
legendary
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10% of ETH is already staked and that # will continue to grow.  Your statements are rediculous.

But the stakeholders payed less than 1% of the value today, and once the switch is performed, most of the stakeholders are leaving the party.

The early birds.
hero member
Activity: 778
Merit: 563

Ethereum 2.0 will be protected by 1% of the supply. 1% of the money in the network will decide which transactions are valid or not. If angry miners go together and form a malicious staking pool with 1.5% of the network, they can block all the transactions or force the network to mutate. If a government agency does something similar, it's easy to create a killswitch of the network. This could happen if it is proven that North Korea, Iran or Russia use cryptocurrency to avoid sanctions.

Ethereum blockchain 1.0 is the safest bank in the world, and ethereum 2.0 is the opposite. Especially iun the few first months after the merge.


10% of ETH is already staked and that # will continue to grow.  Your statements are rediculous.

legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Keane (Manchester United) and Vieira (Arsenal) met more than a few times during their times on the pitch but they were not friends. Just meeting a few times between individuals or parties does not constitute friendship. Apply the same rule to entrepreneurs and politicians then you are stepping in to too many examples....


Do you have any evidence? What exactly makes you so sure he is a friend of Putin?

You can google Buterin and Putin and see that they have met a few times.

With the sactions inplace it's only possible to apply sanctions after ethereum 2.0 is inplace.
What does this statement actually mean?

Ethereum 2.0 will be protected by 1% of the supply. 1% of the money in the network will decide which transactions are valid or not. If angry miners go together and form a malicious staking pool with 1.5% of the network, they can block all the transactions or force the network to mutate. If a government agency does something similar, it's easy to create a killswitch of the network. This could happen if it is proven that North Korea, Iran or Russia use cryptocurrency to avoid sanctions.

Ethereum blockchain 1.0 is the safest bank in the world, and ethereum 2.0 is the opposite. Especially iun the few first months after the merge.

sp_
legendary
Activity: 2926
Merit: 1087
Team Black developer
Do you have any evidence? What exactly makes you so sure he is a friend of Putin?

You can google Buterin and Putin and see that they have met a few times.

With the sactions inplace it's only possible to apply sanctions after ethereum 2.0 is inplace.
What does this statement actually mean?

Ethereum 2.0 will be protected by 1% of the supply. 1% of the money in the network will decide which transactions are valid or not. If angry miners go together and form a malicious staking pool with 1.5% of the network, they can block all the transactions or force the network to mutate. If a government agency does something similar, it's easy to create a killswitch of the network. This could happen if it is proven that North Korea, Iran or Russia use cryptocurrency to avoid sanctions.

Ethereum blockchain 1.0 is the safest bank in the world, and ethereum 2.0 is the opposite. Especially iun the few first months after the merge.
legendary
Activity: 1932
Merit: 4602
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sp_- troll king. LOL!

__
But I would advise reading the biography of Vitalik Buterin
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
I just do not accept the theory about influencers applies to Ethereum.

Vitalik Buterin is born in russia and a friend of Putin.
Do you have any evidence? What exactly makes you so sure he is a friend of Putin?

With the sactions inplace it's only possible to apply sanctions after ethereum 2.0 is inplace.
What does this statement actually mean?

After 2.0 ethereum will jist be another Tether.. A currency that can tracked and deleted by Trump or Putin..
I think that is somewhat exaggerated but this is a matter of choice. If Ethereum or any other crypto evolves with consensus over a period of years then those that disagree with the path can fork to make their own chain it is that simple.
sp_
legendary
Activity: 2926
Merit: 1087
Team Black developer
I just do not accept the theory about influencers applies to Ethereum.

Vitalik Buterin is born in russia and a friend of Putin.
With the sactions inplace it's only possible to apply sanctions after ethereum 2.0 is inplace. After 2.0 ethereum will jist be another Tether.. A currency that can tracked and deleted by Trump or Putin..
legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
Has anybody ever really predicted which way the market will sway in 'x' month from now? The situation with the Ethereum price is not bad at all because as of writing it trades at over $3115 each. It is not at the $4891 all time high but it could have been a lot worse too. Those who might have purchased at $4000 will have very little impact influencing the price because they cannot be counted as whales and at the same time those you refer to as manipulators will also not be able to do anything to influence decisions by newbies to buy or sell.

I just do not accept the theory about influencers applies to Ethereum. In the past we have seen Bitcoin whales move funds from wallet to wallet or to cash some in which has impacted the market but I cannot recall of a single incident that has done the same for Ethereum. In my opinion, if the price of Ethereum goes up then the market will not be affected if newbies cash in because the ratio of newbie investors to serial investors is too small.

Now it is not clear which market, bulls or bears. I think that the bear market is now, because a lot of inexperienced investors bought Ethereum for more than $ 4,000 and manipulators need to force hamsters to sell their coins cheaply.  If the price of Ethereum goes up, then I don't understand who will pay for it?
I am trying to understand various scenarios, but I am more confident that manipulators will not allow new investors to sell their coins at a profit.
legendary
Activity: 1932
Merit: 4602
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Ethereum is a serious fundamental asset, and I do not think that its price will drop by 90% of ATH.
Price of Ethereum might fall 90% from its all time high in a bull market. It is probabaly where price will bottom out from all time high. Question is where is the all time high for Ethereum in this bull run? If people think the orice above 4k is all time high for this bull run, they can wait for 80% or 90% discount and enter for a next long term investment.

If they don't believe it, why do they not enter now?

Honestly, Ethereum is a few cryptoccurrencies that I don't believe long term investment with them will cause loses.


Quote
For example, this is how the price of its competitors falls
https://www.coingecko.com/en/coins/internet-computer
For long-term investments, ethereum is a very promising asset due to lower inflation after the launch of Ethereum 2.0
Newer, younger altcoins will need 4 to 8 years to have a solid position in crypto market. BNB has gone through the first toughest testing period, others should finish it too.

Else, there is no strange to see altcoins with less than 4 years old have very highly volatile price.
Now it is not clear which market, bulls or bears. I think that the bear market is now, because a lot of inexperienced investors bought Ethereum for more than $ 4,000 and manipulators need to force hamsters to sell their coins cheaply.  If the price of Ethereum goes up, then I don't understand who will pay for it?
I am trying to understand various scenarios, but I am more confident that manipulators will not allow new investors to sell their coins at a profit.
sp_
legendary
Activity: 2926
Merit: 1087
Team Black developer
ETC total network hashrate is 22T and ETH 1.06P , so ETH is much more secure. That could be one of reasons.
ETC was attacked with 51% more than once. It is like bank with low security vs bank with highest possible security.

But after ETH moves to to 2.0 in a risky move, (kiln fork)

The ETC total network hashrate will skyrocket and Ethereum will be the new low security bank.

Ethereum Classic is up 84% in 1 week now.. Easy money...


legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
Ethereum is a serious fundamental asset, and I do not think that its price will drop by 90% of ATH.
Price of Ethereum might fall 90% from its all time high in a bull market. It is probabaly where price will bottom out from all time high. Question is where is the all time high for Ethereum in this bull run? If people think the orice above 4k is all time high for this bull run, they can wait for 80% or 90% discount and enter for a next long term investment.

If they don't believe it, why do they not enter now?

Honestly, Ethereum is a few cryptoccurrencies that I don't believe long term investment with them will cause loses.


Quote
For example, this is how the price of its competitors falls
https://www.coingecko.com/en/coins/internet-computer
For long-term investments, ethereum is a very promising asset due to lower inflation after the launch of Ethereum 2.0
Newer, younger altcoins will need 4 to 8 years to have a solid position in crypto market. BNB has gone through the first toughest testing period, others should finish it too.

Else, there is no strange to see altcoins with less than 4 years old have very highly volatile price.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
Traders Bet on Ether Staking After Ethereum 2.0 Upgrade

30billion usd has already been locked in the staking pool, but nobody know the price of Ethereum after the hardfork. A crash in the price could in a worst case scenario give a 90% loss of the initial investment... The staking reward is payed in Ethereum and not in fiat.

Ethereum is a serious fundamental asset, and I do not think that its price will drop by 90% of ATH.
For example, this is how the price of its competitors falls
https://www.coingecko.com/en/coins/internet-computer
For long-term investments, ethereum is a very promising asset due to lower inflation after the launch of Ethereum 2.0
sp_
legendary
Activity: 2926
Merit: 1087
Team Black developer
Traders Bet on Ether Staking After Ethereum 2.0 Upgrade

30billion usd has already been locked in the staking pool, but nobody know the price of Ethereum after the hardfork. A crash in the price could in a worst case scenario give a 90% loss of the initial investment... The staking reward is payed in Ethereum and not in fiat.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
Traders Bet on Ether Staking After Ethereum 2.0 Upgrade
Ether staking yields are likely to be in the range of 10% to 15% following the Ethereum 2.0 upgrade, one trader said.
https://www.coindesk.com/markets/2022/03/21/traders-bet-on-ether-staking-after-eth-20-upgrade/
"With the merge test run completed successfully, researchers expect the mainnet launch to happen by the end of June. Observers foresee increased institutional adoption once the Eth 2.0 upgrade is complete."
sp_
legendary
Activity: 2926
Merit: 1087
Team Black developer
ETH will go POS with annual returns of 7-15% but...

10 million ETH currently locked for trading and waiting for the kiln network to be activated.

This is a huge gamble because nobody knows if it will work, or what the price of ethereum will be afterwards. The Ethereum network will be vulnerable for attack during the transition, and small bugs or problems will probobly cause panic and price decline.

1. Hedgefunds and traders will sell Ethereum as before it goes POS and convert to other POW coins.  (Historically a smart move)
2. In the short term after the merge, miners will need to dump 1 usd billion worth of ethereum to cover the electicity cost, and probobly move the rest of their funds over to other minable coins to support mining.
3. When the 10 million ethereum finally unlocks and the price has fallen, the value might decrease further. Because 7% of $300 ? was not the profit the investors signed up for..


May be this is the beginning of the ETC/ETH flippening. With the support of all miners, anything can happen. And there is still a lot of room for an exponential growth.

Make sense to swap ETH with ETC. With the increased mining, Ethereum Classic will become much stronger and secure than Ethereum.
With a flood of miners entering the coin and supporting the network we might see exponential growth.

With 1 Ethereum Classic at $3000  and Ethereum at $300, the mining profit will stay the same as before. NVIDIA and AMD can continue to flood the market with graphic cards and make $$$ billions...
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
ETC is on fire on Coinbase. 50-60% in few days! Currently there is 10% arbitrage compared to other exchanges. And since the transactions to Coinbase take days, it will remain for some time. May be this is the beginning of the ETC/ETH flippening. With the support of all miners, anything can happen. And there is still a lot of room for an exponential growth.
sp_
legendary
Activity: 2926
Merit: 1087
Team Black developer
Ethereum is generating around $1.02 Billion worth every month in mining revenue. Out of the $12 billion yearly profit we can estimate that the miners have invested 2-3 times that amount in equipment alone.

36 BUSD - 48 BUSD of investments from companies and individuals will be removed from supporting Ethereum, and move to other coins..


https://coinmarketcap.com/



ETC could easily go 10x the money with the support of miners.

Up to $390

Every time a POW coin goes POS, I move my money out of it.

The ethereum KILN fork is being tested (final fork before the move to POS). The estimated date for the move to POS is end of June.
hero member
Activity: 1924
Merit: 538
legendary
Activity: 1932
Merit: 4602
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ETH 2.0 merge is imminent according to zerohedge.com

https://www.zerohedge.com/crypto/ethereum-20-merge-imminent-after-successful-test-will-lay-rest-energy-concerns

what do you think zasad ?
Excellent pajamas from Vitalik
https://bitcointalksearch.org/topic/m.59305521

A good article that collects the latest important news about Ethereum
https://weekinethereumnews.com/week-in-ethereum-news-march-12-2022/
I think that the Merge should definitely happen this year if no errors are found in the last Kiln testnet.
member
Activity: 402
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ETH 2.0 merge is imminent according to zerohedge.com

https://www.zerohedge.com/crypto/ethereum-20-merge-imminent-after-successful-test-will-lay-rest-energy-concerns

what do you think zasad ?
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