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Topic: Ethereum 2.0 rollout report released by binance (Read 307 times)

TWW
full member
Activity: 1456
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November 02, 2019, 12:15:49 PM
#30
that's good news, I can't wait for the POS at the ethereum project. this will be another reason for people holding ethereum. with the release of ethereum 2.0, hopefully the price of ethereum can go up 2x/3x today. plus binance believes that ethereum 2.0 will succeed. this added to my confidence in ethereum.
yes, this will be a good response from the market if binance has that kind of trust in ethereum. but there will be no certainty as to the increase in ethereum prices. renewal must also be balanced with favorable market conditions if you want to get better benefits. currently, the market is quite good, and hope that next year where ethereum 2.0 is planned to have strong market support.
legendary
Activity: 2576
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Still remains to be seen, I mean 32 ETH for staking? Can an average Joe afford that? And where did ETH pulled that number? and there's a lot of backlash as well so I don't know if ETH 2.0 will be the one that will revived ETH. Although it is still the second crypto behind behind, we have seen it lost its position. So for ETH investors I do hope that that ETH 2.0 will breath fresh life in 2020 and maybe we can see the price around $300-$500, otherwise all the devs effort will go to nothing.
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Polkadog - Multi-Chain Defi Meme
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

I believe that Ethereum should show a breakthrough and become even better, especially since they say this in Binance. As for the Ethereum developers, it is clear that they took a timeout and worked to achieve the result. Most likely, the year 2020 will be saturated with events in the crypto sector and this will be the beginning of the growth that everyone is waiting for.
It seems like this is good news and hopefully, with a large community of binance, it can add to the positive sentiment to prepare for 2.0 from ethereum. we will see how the actual plan was prepared and worked out by ethereum to increase its value again. not rule out the possibility that if ethereum can increase will affect the market from altcoin to the next season.
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Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

I believe that Ethereum should show a breakthrough and become even better, especially since they say this in Binance. As for the Ethereum developers, it is clear that they took a timeout and worked to achieve the result. Most likely, the year 2020 will be saturated with events in the crypto sector and this will be the beginning of the growth that everyone is waiting for.
full member
Activity: 1064
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HELENA
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

Another good news for ethereum and it's really promising for new investors to buy right now. "Ethereum co-founder Vitalik Buterin did in an interview with The Sar that blockchain of the Ethereum is getting nearly complete." it might takes time to expand the POS of ethereum but i'm sure their ETH team will give a hard work to this project because ethererum is really close with it's success in the future.

that's good news, I can't wait for the POS at the ethereum project. this will be another reason for people holding ethereum. with the release of ethereum 2.0, hopefully the price of ethereum can go up 2x/3x today. plus binance believes that ethereum 2.0 will succeed. this added to my confidence in ethereum.
full member
Activity: 1820
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Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic
That was not surprise me at all, Ethereum Development was continue since the very beginning, and I think the delays are just minimal and not contributing negative effect on the Network one more thing Ethereum community was very supportive that's why Ethereum was still thriving till today. Same as Binance the team are employing innovative ideas that make Binance more attractive and continue to shine despite the strong competition in the industry.
hero member
Activity: 1470
Merit: 655
they will try so hard and spend millions of dollars to try and pump ethereum just because of a meaningless 2.0 shenanigans but it won't happen like before anymore because it is already too late to see any big pumps in this coin. it has been pumped too many times and now it is time for others shitcoins to be pumped instead of it. not to mention the huge circulating supply and the death of ICOs.
sr. member
Activity: 938
Merit: 256
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

Another good news for ethereum and it's really promising for new investors to buy right now. "Ethereum co-founder Vitalik Buterin did in an interview with The Sar that blockchain of the Ethereum is getting nearly complete." it might takes time to expand the POS of ethereum but i'm sure their ETH team will give a hard work to this project because ethererum is really close with it's success in the future.
legendary
Activity: 3094
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DGbet.fun - Crypto Sportsbook
Binance has been increasingly making users store their coins on the website. They have launched different staking and Lending options.
They have portrayed Ethereum 2.0 is a fully positive sense and tried to create a bullish effect on it's price. They are also encouraging users to hold Ethereum in binance in order to have staking rewards without creating their own validators. i.e. binance is going to have a lot of validators with it's huge staking pool.
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arcs-chain.com
this would be great... ethereum 2.0 will act as BTC having effect... hype on the way and prices are surely going to rise fast...
the trick would be to know if the prices will be able to stabilize on top, or if they will come down for regular price once the hype has passed
legendary
Activity: 3276
Merit: 2442
Think about it you mine ethereum and even make a debt right now for not selling the things you mined, then when staking happens you have hundreds of ethereum and then you mine something else and you sell ALL of it and that covers all your expenses plus a bit of the debt as well so in time you pay all your debt as well and eventually you are making both ETH from staking and other coins from mining at the same time with the same rig.

"you sell ALL of it and that covers all your expenses"

I see a huge problem in this logic. The price might tank a lot and that's the main problem with eth since the beginning. There is no end to the supply. All these free ETH being gained by the holders will be dumped on the market for lambos till the whole system collapses.

This is a ponzi scheme. PoS is a ponzi scheme. 2.0 is not bringing anything new, they are re-inventing Ponzi.
legendary
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I think 32 eth is still quite small considering people are spending a lot more for rigs right now. There are only few people mining ethereum compared to people who hold 32 ethereum. Many miners will keep their ETH when it is done, they may sell their rigs or actually use it for something else and if they do that it would be super profitable for them as well.

Think about it you mine ethereum and even make a debt right now for not selling the things you mined, then when staking happens you have hundreds of ethereum and then you mine something else and you sell ALL of it and that covers all your expenses plus a bit of the debt as well so in time you pay all your debt as well and eventually you are making both ETH from staking and other coins from mining at the same time with the same rig.
hero member
Activity: 1302
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if binance believes that ethereum 2.0 will have an impact on the market, maybe we should also believe it. I hope this prediction is appropriate later, do not need 2x, the most important thing is there is enough increase for me. the current ethereum price is not up to standard and it is very influential on all projects that use the ethereum platform.
Its possible to happen not only binance is waiting for 2.0 even low profile traders is also waiting for it. It will create hype in ethereum project the day it will release . Im expecting something new to offer to the public once   ethereum 2.0 release other than staking rewards.
full member
Activity: 1024
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if binance believes that ethereum 2.0 will have an impact on the market, maybe we should also believe it. I hope this prediction is appropriate later, do not need 2x, the most important thing is there is enough increase for me. the current ethereum price is not up to standard and it is very influential on all projects that use the ethereum platform.
sr. member
Activity: 1442
Merit: 265
That is exactly what i have been telling my friends, Ethereum is the best pick at the moment and there are high chances that next crypto bull run will be triggered by eth even before btc halving simply due to its massive improvements and upgrades that are coming in early 2020.
legendary
Activity: 3318
Merit: 1128
I am eagerly waiting for that period when Ethereum will roll out the product by next year and I believe that this will be a very good opportunity for the altcoin industry to recover once more. During this period that ico went bad Ethereum has really lost some value as some claim that they have a very outdated working product that people are no longer relying on that much because of the situation of the scammers that we have in the market.

Now that they have another idea of upgrading their platform with additional feature of staking, I think that there will be a very big breakthrough again for them as regards their value again, which the good thing about this project again is that it’s release is also targeted towards when bitcoin will be halving.
hero member
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Leading Crypto Sports Betting and Casino Platform
I could imagine eth surpassing $1000 ATH as soon as staking began as surely the demand and hype will be enough. So with this recent rollout, could we expect the staking to be in the first quarter of 2020?

Everyone is excited about ETH staking with the upcoming launch of ETH 2.0. If binance will support the staking function, other major exchanges will follow suit and that will be amazing. I'm looking forward to see more official updates on ETH 2.0 since right now many are just giving assumptions about it, some saying we need 32ETH in order to stake which might be true anyway. I hope this will be a new dawn for Ethereum.
if the requirement just 32 eth it seems too low and i think the amount we can earn with POS system will be low too
and this POS system is good for the people/company that has a huge amount of ETH

Are you serious? That will be roughly $5750 in current price and even have the same value for masternode and surely that value will increase as the staking comes.
legendary
Activity: 3654
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www.Crypto.Games: Multiple coins, multiple games
Staking would of course have a huge effect on the price but do not think that its all staking coins that will be affected by this ethereum experiment, maybe some people who do not understand the difference may get hyped about staking right away but that is not whats going on here at all.

The reality is ETH is a coin that could create both dapp and also ICO which means some people who use ethereum smart contracts can give either games or lottery or new tokens and what not to others and get ETH funding in return and they will be basically getting more ethereum for just having ethereum which would result with founders of these projects getting richer and richer everyday just for holding their coins. This is why ethereum will see an increasing amount of interest once again.
legendary
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Since that source Coinrepublic or the op didn't link the original research (for some reason) here's the link: https://info.binance.com/en/research/marketresearch/rise-of-staking.html
It's deep and worth reading to make your own judgements and it's not just about Eth 2.0
legendary
Activity: 1960
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Everyone is excited about ETH staking with the upcoming launch of ETH 2.0. If binance will support the staking function, other major exchanges will follow suit and that will be amazing. I'm looking forward to see more official updates on ETH 2.0 since right now many are just giving assumptions about it, some saying we need 32ETH in order to stake which might be true anyway. I hope this will be a new dawn for Ethereum.

if the requirement just 32 eth it seems too low and i think the amount we can earn with POS system will be low too
and this POS system is good for the people/company that has a huge amount of ETH
legendary
Activity: 1424
Merit: 1008
Really great to hear that news about ethereum 2.0 from binance, now I clearly understand about what big difference is going to happen once ethereum 2.0 going to be lunch next year. So this is the best time to buy ETH and planing to do POS in future.
sr. member
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I really like Ethereum, I am always happy to hear good news about it. The king of altcoins will soon prove to everyone again that he is the best of altcoins. I think we need to buy more ETH.
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Do you guys think this is ironic?
We know that Binance has been removing tokens operating on Ethereum's platform on the platform.
So why are they saying so well about Ethereum? Is this conspiracy theories for manipulation? They have a lot of money and good conditions to do this. what do you think ?
sr. member
Activity: 644
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Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic
Everyone is excited about ETH staking with the upcoming launch of ETH 2.0. If binance will support the staking function, other major exchanges will follow suit and that will be amazing. I'm looking forward to see more official updates on ETH 2.0 since right now many are just giving assumptions about it, some saying we need 32ETH in order to stake which might be true anyway. I hope this will be a new dawn for Ethereum.
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Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

This is exactly why claims that Ethereum will be killed are nonsense. With Ethereum 2.0, it will be years before any projects comes close to being as big and trusted as ETH. I'm quite interested in seeing what ETH will eventually evolve into.
sr. member
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Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic
Sounds like great news, though I still don't quite understand fully how the implementation and methodology behind Ethereum staking yet, but I did watch a video or two about it. Everyone is excited and has been saying that we've finally returned to a Bull market, I wouldn't put all of my eggs into just one basket of course! The price of Bitcoin went up a little and so naturally some alt coins were soon to follow. I doubt I have enough Ethereum for it even to be worthwhile staking, but for the people that will benefit, Kudos! Hopefully the Bull will stay here for a little while!
legendary
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Leading Crypto Sports Betting & Casino Platform
Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

I guess you mean the total staking value(and not market capitalization) in Crypto world will increase to $16billion.

$8billion worth of cryptocurrencies are being staked currently. So Ethereum switching to proof of stake will double the amount according to binance.
I wonder where the additional $8billion will come from. I think it is possible though,  but it's likely a long term thing.
The binance report said if that value will come from ethereum. I can assume if the writer is taking half of the currency circulating supply will be going to the staking address after POS migration.
I think that makes sense consider the total mcap of ethereum itself around 20 billion.
that's just an assumption that has already made by binance but the real implementation will be very different from it.
We can take the average coin that staked in the network from stakingreward site and a lot of big coins are getting more than 50% of coins already staked as the result.
In additional ethereum POS is offering an excellent reward and I think the price of ethereum will increase significantly.
Ucy
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Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

I guess you mean the total staking value(and not market capitalization) in Crypto world will increase to $16billion.

$8billion worth of cryptocurrencies are being staked currently. So Ethereum switching to proof of stake will double the amount according to binance.
I wonder where the additional $8billion will come from. I think it is possible though,  but it's likely a long term thing.
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Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic

Job well done by the Ethereum devs, this has been a long time coming and even though it has been delayed for years now, it will still make a significant impact on the way ETH and proof-of-stake blockchains operate. It's quite exciting to imagine how much higher the value of ETH will rise when that happens.

I'm buying more ETH now before the hype train leaves!
newbie
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Binance in their new report indicates that market capitalization is likely to raise to $16 billion, per the reports that the staking of crypto for a particular time period and getting rewards, approximately have accounts of $8 billion in the market activity. Ethereum on the verge to make it a double-figure. The report, Binance praises ethereum’s community as “first major study into staking, ” says that it could give a sharp spike in the crypto industry soon.

Source: TheCoinRepublic
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