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Topic: Ethereum switches to POS (Read 188 times)

full member
Activity: 420
Merit: 100
February 11, 2018, 08:21:37 AM
#14
This asset always has a prospect of good growth . As the ETH is a very important coin for the market . And developers do not stand still
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
February 11, 2018, 08:06:25 AM
#13
Ethereum is going to switch to Proof of Stake soon, required amount is 1000 ETH. People will pool and buy to stake at 14% a year, prices will likely increase due to higher demand. Should you buy now?

i don't have enough information about these numbers but lets say you are correct.
1000 ETH costs about $10,000 and not everyone is going to invest that much in a volatile altcoin that has a lot of issues and may drop hard. some whales may do it and the ethereum foundation obviously has millions in their pockets which will do it but not regular people. so the unfairness continues.

not to mention all the miners who are going to pull out and go away for good. and a miner could simply build a rig with $1000 and mine ETH and a lot of other coins at the same time. with $10k you can build 10 good rigs and mine a lot more than 14% per year...
full member
Activity: 288
Merit: 102
Yin Yang religion of wisdom, harmony
February 11, 2018, 07:33:32 AM
#12
pos is a proven long term fail, price will rise until switch over and then slide \
Peercoin - first pos coin
Blackcoin - first pow/pos coin
member
Activity: 273
Merit: 15
February 11, 2018, 07:20:40 AM
#11
Wow 1000 eth seriously ? can you give a link related to this news? That's too high for me and some people, Yes if the news is true this is a good time to buy eth because I'm sure the price will rise.
jr. member
Activity: 134
Merit: 1
Experienced English to Japanese Translator
February 11, 2018, 07:06:12 AM
#10
1,000 ETH? Seriously? Too high and unreasonable to set so.
sr. member
Activity: 840
Merit: 266
February 11, 2018, 06:57:55 AM
#9
Ethereum is going to switch to Proof of Stake soon, required amount is 1000 ETH. People will pool and buy to stake at 14% a year, prices will likely increase due to higher demand. Should you buy now?
Ethereum switching to POS is old news and there is no date set yet and I think no date will set anytime soon , With 1000 ETH I really do not think this number is correct , Do you have any official link  for this information  ? . About the price of ETH , The price will increase whether there is staking or not , ETH will reach 2k this year ( I hope  Grin )
member
Activity: 182
Merit: 11
February 11, 2018, 06:45:36 AM
#8
I dont think it is a good idea,what these miners will mine after ethereum siwtch to POS?and how will these small investors will be able to aquire mor stakes when it is very limited? It might be the reason why ethereum will collapse,it they do this most of the ethereum users who has the the most number of ethereum would become more rich,and these small time wont have a chance!
full member
Activity: 574
Merit: 102
February 11, 2018, 06:24:51 AM
#7
1000 ETH to join pool? link please.  requirement is too high and this may lead to centralization.
full member
Activity: 434
Merit: 100
https://eloncity.io/
February 11, 2018, 06:23:23 AM
#6
Ethereum is going to switch to Proof of Stake soon, required amount is 1000 ETH. People will pool and buy to stake at 14% a year, prices will likely increase due to higher demand. Should you buy now?

If you are going to accumulate great position in ETH - you should do it gradually. Now, when the whole market is in big correction, you have a great chance to buy cheap. It's time to start Grin
member
Activity: 252
Merit: 12
February 11, 2018, 06:21:46 AM
#5
Pos with main ethereum network it will be most centralized. If aren't decide problem with scaling then will be even more centralized.
newbie
Activity: 83
Merit: 0
February 11, 2018, 06:21:26 AM
#4
It will be difficult for the new comers to catch up since ETH is already priced so high.. This is only good for those who accumulated 1,000 Eth early.
member
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
February 11, 2018, 06:18:59 AM
#3
Although POW mechanism and POS mechanism have certain advantages.
I think the price will go up after we switch to the POW mechanism, and recently in the bear market of cryptocurrency market, I have bought a lot of ETH, waiting for its further rise.
member
Activity: 308
Merit: 10
February 11, 2018, 06:11:28 AM
#2
Yes accumulate ETH now can be a good move. Though exact dates are not confirmed (we should have an hybrid POW/POS version in 2018 and a full POS implementation in 2019). Even the stake reward is not confirmed ( I heard something around 5-7%).

For sure yearly inflation (the creation of new ETH per year) will drop consistently (from a current 10-12% to a 2-3%), so ETH will be a really good store of value as well  Wink
newbie
Activity: 294
Merit: 0
February 11, 2018, 06:05:16 AM
#1
Ethereum is going to switch to Proof of Stake soon, required amount is 1000 ETH. People will pool and buy to stake at 14% a year, prices will likely increase due to higher demand. Should you buy now?
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