Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 74. (Read 198796 times)
But you guys are forgetting the move to pos is scheduled for the end of year. When that happens inflation will more less 0
Lies and complete FUD!! There is 90m cap. Not 20m new ETH a year. Quit lying.
Ok, having looked into it in a bit more detail:
If we work from the block reward up: around 5.7 ETH per block, 7200 blocks per day = 41000 Ether per day = about 15 Million new Ether per year.
On the other hand, if we work from the genesis block back, using this model for the calculation:
72 Million x 0.3 = 21.6 Million new Ethers per year (= 57000 per day)
I don't think that's FUD. It's just doing calculation based upon the best available figures I could find. If you have any more authoritative ones that conflict with these, please post them.
Refs:
Ethereum Issuance Model: https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/
Forum Discussion 1: https://www.reddit.com/r/ethereum/comments/3evolq/how_many_ethers_are_going_to_be_created_in_the/
Forum Discussion 2: https://www.reddit.com/r/ethereum/comments/37r3st/is_it_worth_buying_a_gpu_for_mining/
P.S. It's even acknowledged by the designers themselves in that "Issuance Model" document that Ethereum is not a good store of value - especially in the early years.
Quote
the constant issuance, especially in the early years, will likely make using ETH to build businesses in the Ethereum economy more lucrative than hoarding speculatively
The market has got away ahead of itself. In a few years time, growth in industrial use of Ether may outpace issuance to an extent that it becomes a better store of value than bitcoin. But right now, speculative valuations are no substitute for that.
See also this guy.
there is not a 90m cap, the guy doesn't have a clue if that's what he's trying to say. Looking here might help
https://bitcointalksearch.org/topic/the-answer-to-the-question-what-the-final-coin-amount-of-ethereum-will-be-1345668
check those inflation figures lol
15.6m new ETH every year
https://bitcointalksearch.org/topic/the-answer-to-the-question-what-the-final-coin-amount-of-ethereum-will-be-1345668
check those inflation figures lol
15.6m new ETH every year
55 thousand new Ethers per day coming into the supply.
Need to keep increasing the marketcap just to maintain the price.
1500 BTC in buys (per day) should do it
a 90m cap? where is that carved in stone?
55 thousand new Ethers per day coming into the supply.
Need to keep increasing the marketcap just to maintain the price.
1500 BTC in buys (per day) should do it
i liked to have one foot on ETH and the other in BTC but now i moved completely to bitcoin with only my eye on ETH lol
Good for you bro.
I don't blame users going into ETH of course we all want to profit. I even want to have ETH maybe if the price is still lower though. but now that the price is much higher, i just spit on it. i wanna see it dump real hard first before i will jump to the wagon.
i liked to have one foot on ETH and the other in BTC but now i moved completely to bitcoin with only my eye on ETH lol
I don't see any new thread about ETH this time. what happen to them users?
Although I'm expecting a speculation thread and it could sprout any moment this time, maybe " ETH $100 next month thread".
and what's become of the BTC halving (double your money) hype machine recently?
I don't see any new thread about ETH this time. what happen to them users?
Although I'm expecting a speculation thread and it could sprout any moment this time, maybe " ETH $100 next month thread".
55 thousand new Ethers per day coming into the supply.
Need to keep increasing the marketcap just to maintain the price.
1500 BTC in buys (per day) should do it
A good lesson to short-term speculators never to 'watch the kettle boil' as we say in Ireland.
55 thousand new Ethers per day coming into the supply.
Need to keep increasing the marketcap just to maintain the price.
1500 BTC in buys (per day) should do it
Actually 288000 new eth every day.
no
Actually 288000 new eth every day.
r.u. kidding ?
How do you work that one out ? I did 20 million / 365.
55 thousand new Ethers per day coming into the supply.
Need to keep increasing the marketcap just to maintain the price.
1500 BTC in buys (per day) should do it
Actually 288000 new eth every day.
55 thousand new Ethers per day coming into the supply.
Need to keep increasing the marketcap just to maintain the price.
1500 BTC in buys (per day) should do it
Maybe Evan should call VB and be like, "I have an idea for you: Supply Reduction! BAM! Instant price increase and power centralization! Do I know how to Dev or what? I be like Wolf of Wall Street up in here!"
55 thousand new Ethers per day coming into the supply.
Need to keep increasing the marketcap just to maintain the price.
1500 BTC in buys (per day) should do it
so where's the ETH ATH bag-holders club forum?
Not bad at all mate! I sold my Ethers and did over 1000% from the pre-sale so I can't complain really. What's about you? still hoping that BTC will save the world?
Any news on the scalability issue? Ho! I forgot... are they any dev still working on the development of your doomed coin? ... you sound like a good little parasite in training, good luck.
Yeah I'm a rich parasite
so where's the ETH ATH bag-holders club forum?
Not bad at all mate! I sold my Ethers and did over 1000% from the pre-sale so I can't complain really. What's about you? still hoping that BTC will save the world?
Any news on the scalability issue? Ho! I forgot... are they any dev still working on the development of your doomed coin? ... you sound like a good little parasite in training, good luck.
so where's the ETH ATH bag-holders club forum?
Not bad at all mate! I sold my Ethers and did over 1000% from the pre-sale so I can't complaint really. What's about you? still hoping that BTC will save the world?
Any news on the scalability issue? Ho! I forgot... are they any dev still working on the development of your doomed coin? so where's the ETH ATH bag-holders club forum?
We are just chilling here at the BTC ATH one, I'm sure crossing that $$$$ number is around the corner for bitcoin fanboys hahaha!...
so where's the ETH ATH bag-holders club forum?
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