Ethereum POW - ETHW - page 3. | Bitcointalksearch.org

mdzahed134

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There have been many exchanges that have listed ETHW, but I see the price for now is quite good to buy.
It's just a matter of time ETHW will get attention and maybe if the market improves the price will increase rapidly.

Almost major exchanges listed EthereumPoW (ETHW), and i think most probably also Binance will be list ethw, but crypto market is fully bearish, so i think it’s price will drop below 10$, then i will try to buy it. May be big eth holders who get huge tokens in the airdrop they selling in big scale. Whatever, you can buy right now at your own risk.

vv181

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Quote from: zeuner on October 03, 2022, 06:25:39 PM

what would be the alternatives when first-class smart contracts on a PoW blockchain are needed?

The term first-class is pretty subjective. It depends on some project goals and needs, so it requires some thorough consideration. While in fact ETHW is designed to not change the PoW consensus, and it's still on hype, but we cannot firmly predict of what the most suitable platform one must choose its cryptocurrency and its longevity.

ETC is also another option, it remains as the unmolested blockchain of Ethereum and do also supports smart contracts. ETH communities couldn't be more separated, but the trends as of now, people won't bat an eye too much on what platform the underlying applications rely on.

Editbar

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This is a big opportunity I think for us potentially going forward so Binance now starts the ethereum proof of work mining pool and I think this is huge because Binance is
one of the largest crypto exchanges in the world and if they ultimately ended up adopting this coin as part of their
regular market and trading and stuff like investing would be a huge game changer for this coin.

Iyeman

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Quote from: zeuner on October 03, 2022, 06:25:39 PM

On which exchanges can it be bought, and what would be the alternatives when first-class smart contracts on a PoW blockchain are needed?

It's already listed on exchange site. https://coinmarketcap.com/currencies/ethereum-pow/ You can find bunch of exchange sites that already traded ethw. There's no need an alternative for that thing. POW are not truly decentralized. that's gimmick. Bitcoin is the only truly decentralized coin.
Ethereum POW dominated by miners through their collution. That was also happening when ethereum was using the old consensus. The token holders got nothing from there.

zeuner

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On which exchanges can it be bought, and what would be the alternatives when first-class smart contracts on a PoW blockchain are needed?

el kaka22

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It was of course expected someone to build something where a hard fork of eth that continues in the proof of work environment. The ideas behind this will make some people want to be part of it but the reality is that we are not going to see too much of it becoming a reality, it is going to hurt them a little bit.

The reason why is that people who wants to see ETH being a proof of work will end up investing into this, it might have been given free to some people but it will be bought and sold and basically traded which means anyone who buys this for idealistic reasons will end up losing money because not many more will end up buying it forever in the long run, like bitcoin cash.

zasad@

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Quote from: tvplus006 on September 22, 2022, 09:29:55 AM

Quote from: btc_angela on September 21, 2022, 07:14:09 AM

Those miners who don't want to get ride of their mining rigs will simply continue to mine this fork coin. And we have seen that it's been a rough start, up and down, sometimes you will see a huge dump and then followed a a increased of like 40%...

Since the Ethereum merger, the number of miners in the ETH PoW network has decreased by about 2 times. This is evidenced by the data of the hashrate network. This indicates that miners are abandoning ETHW mining, preferring ETC and RVN, which, on the contrary, have an increased hashrate.

The price of ETHW has dropped from $20 to $6, which is why miners are moving to other coins.
Ethereum Classic ecosystem is very poor
https://ethereumclassic.org/services/apps
This is a big failure in such a long time. ETHW is not supported by most serious projects, so the situation in this ecosystem can be even worse.

tvplus006

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Quote from: btc_angela on September 21, 2022, 07:14:09 AM

Those miners who don't want to get ride of their mining rigs will simply continue to mine this fork coin. And we have seen that it's been a rough start, up and down, sometimes you will see a huge dump and then followed a a increased of like 40%...

Since the Ethereum merger, the number of miners in the ETH PoW network has decreased by about 2 times. This is evidenced by the data of the hashrate network. This indicates that miners are abandoning ETHW mining, preferring ETC and RVN, which, on the contrary, have an increased hashrate.

ningrum

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Quote from: JangoUnchained on September 22, 2022, 01:32:58 AM

Binance exchange is always slow when it comes to forks and airdrops, even if the fork is ready they may not open trading instantly, I still have my sologenic on the exchange till date, it seems the project will never open up for trading on binance exchange.

but don't worry, if Binance has made an announcement regarding ETH PoW I don't think there will be a problem,
it's just that the distribution will have to take time, and all we have to do as Binance users is of course be patient,
because Binance will not break its promise for distribute ETH PoW to Ethereum Holders.

tbct_mt2

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Quote from: tvplus006 on September 22, 2022, 03:57:01 AM

I think that most of the sales are made by large ETH holders who have received ETHW as an airdrop, since most miners have switched to mining other coins, such as ETC and RVN. It is in these networks that we see an increase in hashrate after the Ethereum merger, which increased 4-5 times. This drop is also explained by the fact that there are no people willing to buy ETHW on the market at all.

First of all, it is selling pressure from airdrop receivers who don't believe in future of ETHW.
Secondly, it is hard to believe in a new fork that is only a derivative of The Merge.
Lastly, if they have to choose between Ethereum Classic and ETHW, they would prefer to choose ETC definitely.

I think Binance sheds a good signal by allowing to convert ETHW to BUSD. They are trying to accumulate it for games in future.

tvplus006

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Quote from: makishart on September 22, 2022, 01:27:49 AM

...The price will be going down even deeper as scammers are keep dumping their shitty ethw mined by them, Only stupid people who keep buying that shit.

I think that most of the sales are made by large ETH holders who have received ETHW as an airdrop, since most miners have switched to mining other coins, such as ETC and RVN. It is in these networks that we see an increase in hashrate after the Ethereum merger, which increased 4-5 times. This drop is also explained by the fact that there are no people willing to buy ETHW on the market at all.

JangoUnchained

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Binance exchange is always slow when it comes to forks and airdrops, even if the fork is ready they may not open trading instantly, I still have my sologenic on the exchange till date, it seems the project will never open up for trading on binance exchange.

makishart

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Quote from: ?? on ??

There have been many exchanges that have listed ETHW, but I see the price for now is quite good to buy.
It's just a matter of time ETHW will get attention and maybe if the market improves the price will increase rapidly.

It doesn't even worth to buy. ETHW was a new fork coin that has no utility like ethereum. You must aware if we have ETC as most reliable fork coin for ethereum. we didn't even need a new one. The miners are so greedy to take money from the crypto buyers.
After ethereum was moving to the POS and then miners are using so many ways to grab money from market. In this case, i would like to call those miners who agreed to issue ETC as scammers.
The price will be going down even deeper as scammers are keep dumping their shitty ethw mined by them, Only stupid people who keep buying that shit.

dansus021

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Quote from: tbct_mt2 on September 21, 2022, 05:34:15 AM

ETHW was dumped days after the fork and I could be wrong but I believe that there will be games for ETHW.

It is not good to buy that coin now because it must be moving side-way for a while before it becomes safer to enter. I will wait a few weeks and make my buying orders. I believe that after whales accumulate cheap ETHW, there will be games to list it on big exchanges. Imagine if it get listed on Binance, the market participants will become very FOMO.

Offcourse it will be listed on Binance since binance have dozen eth on their wallet and get free from this fork why not selling it since other Cex seems approve with this situation

and yes ethw was dumped so hard when i first check it around $25 and now it only $5 its because people sell their free coin

Jackl87

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Quote from: Cuda911 on September 21, 2022, 06:23:18 AM

If BTC dumps more in this month I am positive that ETHW will cost 2$ per coin, what pissed me off about this coin is the lack of utility, vitalik walk away with everything, smart contracting and leave only PoW behind, who is going to build on ETHW? Lol this is going to end up a shit coin.

Well the Ethereum team has nothing to do with this ETHW coin as far as i know, so i don't think that you can blame Vitalik now just because he updated his coin to a proof of stake consensuns mechanism now. I mean i can understand that people that were mining Ethereum are a bit upset by this switch but to be honest it was clear for at least 2 years now that this switch to PoS will happen. So everyone had enough time to prepare for that event. That ETHW coin is just a attempt by the big mining companies to create an ETH fork that will be used by the people and still runs on PoW. The problem is there is already ETH classic for that. So i don't think that ETHW will have a future.

livingfree

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I've received it on my exchange account but I don't care much about it because it's most likely going to end up with worth nothing.

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Given the existence of ethereum Classic, I think ethereum POW this time will be difficult to compete. Just as bitcoin has had many forks on the network, only bitcoin cash can truly compete with the rest of the world. Ethereum will have the same probability. But since it's free it would be better to grab the airdrop first.

Well, it's also going down if it's the bitcoin cash that you think might be able to survive and compete with the rest of the forks. But yeah, free money is still free and that's what we like to have.

Those who have a lot of it always have the best deal in terms of these airdrops.

Yogee

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Quote from: Bitcoin_Arena on September 20, 2022, 06:42:15 PM

I here that there was another fork, though I haven't yet read about it and it could be another one of those stupid scams. it's called EthereumFlair (ETF) though the choice of name seems to be pretty much awkward since most of us traders know about ETFs (Exchange Traded Funds)
Are ETH holders at the time of snapshot also going to receive an ETF airdrop?

Supported by three major centralized exchanges but I don't think they had an airdrop. This will probably end up like those many bitcoin hardforks....they will be abandoned. The coin was also dumped hard like ETHW.

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Given the existence of ethereum Classic, I think ethereum POW this time will be difficult to compete. Just as bitcoin has had many forks on the network, only bitcoin cash can truly compete with the rest of the world. Ethereum will have the same probability. But since it's free it would be better to grab the airdrop first.

Time will tell. ETC and ETHW are both using POW algo but not exactly the same. Confidence on ETC's security have not been restored yet after multiple successful attacks so we could see an advantage of ETHW there.

tbct_mt2

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Quote from: Minecache on September 21, 2022, 07:08:28 AM

I have the same opinion as you, cannot confirm the future of ETHW but for now, we will have a bump and dump game with it. The highest price reached by ETHW on the bybit exchange was $40 and it is currently being dumped at $6.

$6 is good enough if considering the top at $40 but I'd like to wait for a bit of side way. I don't jump in instantly now as I see it is still risky and not good for my capital flow. It's not good to put my capital in ETHW and it will stuck with minor price changes for a while.

Quote

Today binance has distributed airdrop to all users, but they don't allow trading but only withdrawal and deposit, looks like binance is having a different plan here. So now is not a good time to buy, after the whales collect enough goods, I believe there will be waves for us to take advantage of to make a profit.

Binance is always late to distribute airdrop and listing for trading. Anyway, when they list, it is a massive booster. Binance and CZ are smart so they do know that forked coins need them with listing. They will try to wait to see what will happen with that fork as well as price accumulation before making any listing for it.

rhomelmabini

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Would love to get some free one and it's not that difficult to add it on your wallet, so I'm up to get a free ETHW. I wonder though if this was just cash grabs but will ETH PoW token will do the same as ETCs action? I mean ETC was original too and they continue thriving.

so98nn

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I think it’s just amazing to see the equivalent reward for the holders. I did not get the ratio from your post though? like is it 1ETH for 1ETHW? If that’s the case then man it is already having big price tag man. Since the cost is just 6 bucks per ETHW is too less for that conversion.

However, on the other hand buying it as an investment is perfect Timeline. ETHW will be invested under an impression of making money because ETH too lot of it from the miners in the first place. This is the coin one have to have in the portfolio before it’s too late.

Topic: Ethereum POW - ETHW - page 3. (Read 657 times)