I have now 3 ETH, when ETH 2.0 (proof of stake) is out , do i will lose my 3 ETH - page 3.

boyptc

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Quote from: UserU on May 13, 2020, 11:30:04 AM

Quote from: boyptc on May 13, 2020, 11:16:48 AM

It's like sharing your own amount to others that will make it 32. I forgot the platform but base on that, it will ensure all of the participants. But we should wait for the official solution for those who can't avail that amount and the official platform that Ethereum team will suggest.

Is it Rocket Pool? This showed up when I did some searching

Quote from: tinyteapot on October 30, 2019, 07:11:57 AM

The eth staking does not really impress me because the speculations at this time shows staking returns on sliding scale from 18.10% down to 1.56% depending on how many ETH are being staked, this i consider too low for an annual investment, it can be however be profitable if the eth price really appreciate.

The 32 Eth can be shared through an ethereum staking pool, read more at https://medium.com/rocket-pool/rocket-pool-beta-v2-guide-cc68ddf90e61
please do your findings before sending your eth to any staking pool.

I can't remember the name of it but that could be the one that I have read or it could be some others.

But before committing please do wait until some final announcements are made from the actual devs of ETH or from Vitalik himself.

UserU

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Quote from: boyptc on May 13, 2020, 11:16:48 AM

It's like sharing your own amount to others that will make it 32. I forgot the platform but base on that, it will ensure all of the participants. But we should wait for the official solution for those who can't avail that amount and the official platform that Ethereum team will suggest.

Is it Rocket Pool? This showed up when I did some searching

Quote from: tinyteapot on October 30, 2019, 07:11:57 AM

The eth staking does not really impress me because the speculations at this time shows staking returns on sliding scale from 18.10% down to 1.56% depending on how many ETH are being staked, this i consider too low for an annual investment, it can be however be profitable if the eth price really appreciate.

The 32 Eth can be shared through an ethereum staking pool, read more at https://medium.com/rocket-pool/rocket-pool-beta-v2-guide-cc68ddf90e61
please do your findings before sending your eth to any staking pool.

boyptc

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Quote from: UserU on May 13, 2020, 10:27:07 AM

Quote from: boyptc on May 13, 2020, 09:19:55 AM

Yes, most of the articles that I've read that's the minimum requirement. But if you are one of those who bought it somewhere around $20-$80 that's a fair price. Still, that's ethereum and the current price makes it quite expensive.

It's a better and cheaper coin I'd guess to have it on stake. Dash requires you around $72k to earn passively through its masternode.

Oh yeah, I almost forgot about DASH...

I guess the most sensible solution to those who can't afford 32 ETH like me could simply opt for an interest account. Won't reach 10% per annum but still better than nothing.

I have read it somewhere that those who can't avail the 32 ETH can simply join the pools that will focus on it.

It's like sharing your own amount to others that will make it 32. I forgot the platform but base on that, it will ensure all of the participants. But we should wait for the official solution for those who can't avail that amount and the official platform that Ethereum team will suggest.

DaCryptoRaccoon

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32 ETH seems like a lot to stake to start getting rewards I'm not sure many people would be willing to lock up that kind of money for small % gains.

go1lo2va3

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Quote from: onichang on May 12, 2020, 10:48:48 PM

Quote

I have 3 ETH now , do when ETH updated to 2.0 , i will lose my 3 ETH ?

Your money will be converted, lol. You have funny thoughts.

there still are a lot of people in crypto who thinks its all a big shaky piece of scam going on
it is a young industry so no wonder it is like that

anyway, I hope eth2.0 will be out asap

UserU

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Quote from: boyptc on May 13, 2020, 09:19:55 AM

Yes, most of the articles that I've read that's the minimum requirement. But if you are one of those who bought it somewhere around $20-$80 that's a fair price. Still, that's ethereum and the current price makes it quite expensive.

It's a better and cheaper coin I'd guess to have it on stake. Dash requires you around $72k to earn passively through its masternode.

Oh yeah, I almost forgot about DASH...

I guess the most sensible solution to those who can't afford 32 ETH like me could simply opt for an interest account. Won't reach 10% per annum but still better than nothing.

Subbir

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Quote from: commandera on May 12, 2020, 04:05:05 PM

I have 3 ETH now , do when ETH updated to 2.0 , i will lose my 3 ETH ?

I don’t think you'll lose your money albeit there's an honest update on Ethereum investment, its price will go up. Always think positive and wait If Ethereum goes down within the semicircle the market will go up. the rationale for the dump is that the large will rise await the update but don't lose money.

boyptc

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Quote from: UserU on May 13, 2020, 09:00:51 AM

Quote from: boyptc on May 13, 2020, 07:43:49 AM

Because when POS happens, AFAIK the minimum amount for you to become eligible to stake must be 32 ETHs.

32? That's an insane lot just to start earning passively and the returns only start from 4% onwards.

Yes, most of the articles that I've read that's the minimum requirement. But if you are one of those who bought it somewhere around $20-$80 that's a fair price. Still, that's ethereum and the current price makes it quite expensive.

It's a better and cheaper coin I'd guess to have it on stake. Dash requires you around $72k to earn passively through its masternode.

UserU

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Quote from: boyptc on May 13, 2020, 07:43:49 AM

Because when POS happens, AFAIK the minimum amount for you to become eligible to stake must be 32 ETHs.

32? That's an insane lot just to start earning passively and the returns only start from 4% onwards.

boyptc

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Quote from: commandera on May 13, 2020, 06:44:06 AM

Quote from: boyptc on May 13, 2020, 06:31:28 AM

Quote from: commandera on May 13, 2020, 06:28:50 AM

to be honest I not sure how to explain . now we all mining ETH 1.0 , when next update 2.0 , it is auto convert or i need to sell before next update 2.0

You don't have to do anything.

Your 3 ETH will remain 3 ETH after the update.

It's just the upgrade of making Ethereum from being Proof of Work to Proof of Stake.

Thank you very much I feel comfortable now

1- When the Ethereum upgrade to Proof of stake , is cannot mine anymore with GPU's RIG ??

1. Yes, that's right because the confirmation or mining depends on the number of Ethereum your wallet holds. Which means, the more ETH you hold, the better. To learn more about what is proof of stake --> https://www.investopedia.com/terms/p/proof-stake-pos.asp

Quote from: commandera on May 13, 2020, 06:44:06 AM

if yes cannot mine with gpu isn't better now try make big amount and hold it ?

If you have the ability to mine it before the changes, do it.

Because when POS happens, AFAIK the minimum amount for you to become eligible to stake must be 32 ETHs.

commandera

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Quote from: boyptc on May 13, 2020, 06:31:28 AM

Quote from: commandera on May 13, 2020, 06:28:50 AM

to be honest I not sure how to explain . now we all mining ETH 1.0 , when next update 2.0 , it is auto convert or i need to sell before next update 2.0

You don't have to do anything.

Your 3 ETH will remain 3 ETH after the update.

It's just the upgrade of making Ethereum from being Proof of Work to Proof of Stake.

Thank you very much I feel comfortable now

1- When the Ethereum upgrade to Proof of stake , is cannot mine anymore with GPU's RIG ??

if yes cannot mine with gpu isn't better now try make big amount and hold it ?

boyptc

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Quote from: commandera on May 13, 2020, 06:28:50 AM

to be honest I not sure how to explain . now we all mining ETH 1.0 , when next update 2.0 , it is auto convert or i need to sell before next update 2.0

You don't have to do anything.

Your 3 ETH will remain 3 ETH after the update.

It's just the upgrade of making Ethereum from being Proof of Work to Proof of Stake.

commandera

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Quote from: peter0425 on May 13, 2020, 12:16:43 AM

Quote from: commandera on May 12, 2020, 04:05:05 PM

I have 3 ETH now , do when ETH updated to 2.0 , i will lose my 3 ETH ?

actually the possibilities of Growth is there so if Lucky that the 2.0 version of Ethereum event will come together with Bitcoin halving(in which happening now) can make you gaining but of course the assurance cannot be there as volatility of market is always there.

Quote from: onichang on May 12, 2020, 10:48:48 PM

Quote

I have 3 ETH now , do when ETH updated to 2.0 , i will lose my 3 ETH ?

Your money will be converted, lol. You have funny thoughts.

Maybe he is Curious since there will be changes .

to be honest I not sure how to explain . now we all mining ETH 1.0 , when next update 2.0 , it is auto convert or i need to sell before next update 2.0

peter0425

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Quote from: commandera on May 12, 2020, 04:05:05 PM

I have 3 ETH now , do when ETH updated to 2.0 , i will lose my 3 ETH ?

actually the possibilities of Growth is there so if Lucky that the 2.0 version of Ethereum event will come together with Bitcoin halving(in which happening now) can make you gaining but of course the assurance cannot be there as volatility of market is always there.

Quote from: onichang on May 12, 2020, 10:48:48 PM

Quote

I have 3 ETH now , do when ETH updated to 2.0 , i will lose my 3 ETH ?

Your money will be converted, lol. You have funny thoughts.

Maybe he is Curious since there will be changes .

onichang

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Quote

I have 3 ETH now , do when ETH updated to 2.0 , i will lose my 3 ETH ?

Your money will be converted, lol. You have funny thoughts.

commandera

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I have 3 ETH now , do when ETH updated to 2.0 , i will lose my 3 ETH ?

Topic: I have now 3 ETH, when ETH 2.0 (proof of stake) is out , do i will lose my 3 ETH - page 3. (Read 984 times)