Topic: PoS vs PoW later this year (Read 397 times)
I personally can't wait to see what will happen when the merger is complete, the devs from ETH have been planning to do this from a few years ago, of course there have been good considerations to execute it, and I feel ETH could get a value above $10k when it happened.
You don't see any projects that can supersede Ethereum? You must have been sleeping over the last couple of years. When comparing TVL, chains like FTM, BNB, and MATIC took billions of dollars from the Ethereum ecosystem because Ethereum was literally unuseable due to gas fees. ETH 2.0 won't change that. When we see another bull market, projects like Fantom and CNDL will have higher returns and gain market share. Remember AOL and Prodigy? Look at what the internet has become now. Nobody talks about AOL and nobody will be talking about Ethereum in a couple years because ETH 2.0 sharding is only data sharding, not transaction sharding, so the chain will stay at 15 TPS. You can't run a world computer at 15 TPS.
I mean just because they took a "share" of the pie, doesn't mean that they could supersede ethereum? Isn't that obvious? I mean look at ETH during all of that time when the fee was super high, the price of eth and marketcap of eth was x10 more than all the projects you listed, some of them combined. That is why there is no scenario where I can see other projects passing ETH in marketcap value.They could take share of the pie and be good, but that doesn't change the fact that it would be a silly idea to imagine they would be higher in marketcap. I personally believe that the best thing we could do right now would be hoping crypto would be getting to a point where ETH would have to go down all by itself.
You don't see any projects that can supersede Ethereum? You must have been sleeping over the last couple of years. When comparing TVL, chains like FTM, BNB, and MATIC took billions of dollars from the Ethereum ecosystem because Ethereum was literally unuseable due to gas fees. ETH 2.0 won't change that. When we see another bull market, projects like Fantom and CNDL will have higher returns and gain market share. Remember AOL and Prodigy? Look at what the internet has become now. Nobody talks about AOL and nobody will be talking about Ethereum in a couple years because ETH 2.0 sharding is only data sharding, not transaction sharding, so the chain will stay at 15 TPS. You can't run a world computer at 15 TPS.
I mean just because they took a "share" of the pie, doesn't mean that they could supersede ethereum? Isn't that obvious? I mean look at ETH during all of that time when the fee was super high, the price of eth and marketcap of eth was x10 more than all the projects you listed, some of them combined. That is why there is no scenario where I can see other projects passing ETH in marketcap value.They could take share of the pie and be good, but that doesn't change the fact that it would be a silly idea to imagine they would be higher in marketcap. I personally believe that the best thing we could do right now would be hoping crypto would be getting to a point where ETH would have to go down all by itself.
I think after POS ETH will pump so hard but the only issue is we have so many ETH killers on the block with various smart chains and multichains connectivity so basically I think that will suck some of the price of ETH and we might no see all the big gains from it
I've been hearing that term about "eth killer", "BTC killer" and other stuff of the same.but I think still 10-15k ETH is on the table for next bull circle Problem right now is the gigantic amount of L1s in the market
Looks high at first glance but thinking that the next bull run would surpass the last one that we've got. It's possible but I am not expecting it to be that close to that price. 
Like bitcoin, a lot of projects claim to be better and will topple bitcoin. Same with ETH, look at the projects that came out later and how many projects claim to be ETH killers and do you see any of them succeed. I still haven't found anyone who can do that.
Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
That’s basically a selling point, done for marketing and nothing more. "ETH Killer" or whatever words are basically there to do marketing and they do not really believe it. No project believes that they will be bigger than ETH, even the ones that go up, do not believe they could. Hell, ADA team was shocked about passing BNB so much that they didn't even share a single thing about it. Because, they didn't expect such a thing and weren't ready for it.Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
If you think that there is a coin that could pass bitcoin and ethereum, then you are going to be pretty upset about it. Focus on just top 10, any project that has a start date and top 10 within 2-3 years, is a good one and I would support it, if it’s at top 20 for 5 years and then goes into 10 that usually is not a big change hence why I said 2-3 years.
Pow vs pos, I think both have their own advantage and disadvantage. Btc is a pow coin afaik and eth is said to do a transition. If that's what is planned then maybe it can make eth even better.
After what happened with Luna, everyone should understand that Proof of Stake is a dangerous model.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.
What happened to Luna doesn't have anything to do with the PoS, the loophole is on their back up asset, and how it works. Ethereum is totally different, thousands of smart-contract backing up Ethereum wont just disappear into thin air. Moreover The issue of Crypto against Environment will make most people prefer PoS rather than PoW.
Like bitcoin, a lot of projects claim to be better and will topple bitcoin. Same with ETH, look at the projects that came out later and how many projects claim to be ETH killers and do you see any of them succeed. I still haven't found anyone who can do that.
Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
That’s basically a selling point, done for marketing and nothing more. "ETH Killer" or whatever words are basically there to do marketing and they do not really believe it. No project believes that they will be bigger than ETH, even the ones that go up, do not believe they could. Hell, ADA team was shocked about passing BNB so much that they didn't even share a single thing about it. Because, they didn't expect such a thing and weren't ready for it.Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
If you think that there is a coin that could pass bitcoin and ethereum, then you are going to be pretty upset about it. Focus on just top 10, any project that has a start date and top 10 within 2-3 years, is a good one and I would support it, if it’s at top 20 for 5 years and then goes into 10 that usually is not a big change hence why I said 2-3 years.
I think after POS ETH will pump so hard but the only issue is we have so many ETH killers on the block with various smart chains and multichains connectivity so basically I think that will suck some of the price of ETH and we might no see all the big gains from it but I think still 10-15k ETH is on the table for next bull circle Problem right now is the gigantic amount of L1s in the market
You don't see any projects that can supersede Ethereum? You must have been sleeping over the last couple of years.
Let's wait for Ethereum action because The Merge is only 2 months away.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum in the future when the transition from POW to POS is completed. However, it can be assumed that those who want to earn on Ethereum will buy it in order to participate in supporting the network and earn on commissions. If at that time the crypto market continues to decline, then the transition from POW to POS will probably not give a special result for the growth of the price of Ethereum, but if the crypto market passes its next bottom and goes up, then this may lead to another flight to the moon and reaching the price of Ethereum new ATH. In any case, this seems to me a more logical development of events, but I can be wrong and everything can be completely different.
Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum in the future when the transition from POW to POS is completed. However, it can be assumed that those who want to earn on Ethereum will buy it in order to participate in supporting the network and earn on commissions. If at that time the crypto market continues to decline, then the transition from POW to POS will probably not give a special result for the growth of the price of Ethereum, but if the crypto market passes its next bottom and goes up, then this may lead to another flight to the moon and reaching the price of Ethereum new ATH. In any case, this seems to me a more logical development of events, but I can be wrong and everything can be completely different.
Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum in the future when the transition from POW to POS is completed. However, it can be assumed that those who want to earn on Ethereum will buy it in order to participate in supporting the network and earn on commissions. If at that time the crypto market continues to decline, then the transition from POW to POS will probably not give a special result for the growth of the price of Ethereum, but if the crypto market passes its next bottom and goes up, then this may lead to another flight to the moon and reaching the price of Ethereum new ATH. In any case, this seems to me a more logical development of events, but I can be wrong and everything can be completely different.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
Let's do the math
Lowest price now is $1700 highest $4800 (approx)
Eth 2.0 will kill off 90% of its coin generation (triple halving).
A halving should in theory double the price.
A triple halving is 8x the current price.
So anywhere from $13600 to $38400 per ETH is a sane estimate.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum in the future when the transition from POW to POS is completed. However, it can be assumed that those who want to earn on Ethereum will buy it in order to participate in supporting the network and earn on commissions. If at that time the crypto market continues to decline, then the transition from POW to POS will probably not give a special result for the growth of the price of Ethereum, but if the crypto market passes its next bottom and goes up, then this may lead to another flight to the moon and reaching the price of Ethereum new ATH. In any case, this seems to me a more logical development of events, but I can be wrong and everything can be completely different.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
Let's do the math
Lowest price now is $1700 highest $4800 (approx)
Eth 2.0 will kill off 90% of its coin generation (triple halving).
A halving should in theory double the price.
A triple halving is 8x the current price.
So anywhere from $13600 to $38400 per ETH is a sane estimate.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
if I had to choose between PoS and PoW, of course I would prefer PoS, because it's very environmentally friendly, not only that, because PoS is a good algorithm and everyone's favorite, and I think Ethereum really does the best for their Holders ,
because now it's not only miners who have passive income
For me.. I think more users will want to use the Ethereum network because they think its more decentralised than other Blockchain of its type. This should make the Ether coin price go higher also. Because they will be more demand for the coin from different kinds of users.
Maybe they haven't been able to raise the price of Ethereum because the current bitcoin price is still cheap.
Among other blockchain blockchains, Ethereum has been very convincing for its users from the past, even though now there are other blockchains such as the BSC Blockchain.
Over time, if the price of bitcoin is back to normal of course the price of Ethereum will also be expensive again like last year.
For me.. I think more users will want to use the Ethereum network because they think its more decentralised than other Blockchain of its type. This should make the Ether coin price go higher also. Because they will be more demand for the coin from different kinds of users.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum after the transition from POW to POS. As for its price, I think it will depend on the general situation on the market, that is, if the market goes up, then the price of Ethereum will go up, if it goes down, then the price will go down. As for the cost of transactions in the Ethereum network, there is information that the transition to them will not be displayed, which means they will remain at the same level. But something tells me that this transition will not happen until the market passes its bottom, but how it will actually be, time will tell.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It seems that Ethereum is really having difficulty starting to switch with Proof-of-stake (POS).For me, the only downside of Ethereum is the scalability which POS is their solution for it, but already years passed, and we still don't have it.
For me, it's still a good thing, we will not push if it's still not ready, very risky.
I also don't care with the price right now, if you are really looking for long term, price right now will not matter especially if you are believing to the project.
PoS has benefits but it end up look like banks and other large groups of people with lots of money. The big new stake pool can only be started if there are enough people to invest, but few rich people can start a pool and keep on enlarging their wealth. POW gives equal power, plus people with math or tech skills usually earn more. POW also has wealth element but skills are needed too. PoS seems wealth focused only.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
Let's do the math
Lowest price now is $1700 highest $4800 (approx)
Eth 2.0 will kill off 90% of its coin generation (triple halving).
A halving should in theory double the price.
A triple halving is 8x the current price.
So anywhere from $13600 to $38400 per ETH is a sane estimate.
Im sure that if there will be no change until bitcoin will become bullish trend again. Just feel curious when the POS will be implemented and is this mean if ethereum will become deflationary coin?
The burn mechanism is still exist and then no new coin will be generated from the market. POS and POW have become the problem since a few years ago where some people said that POS was better and more conservative but this less decentralized compared with the POW.
Some people were also thinking that if POW was perfect.
The burn mechanism is still exist and then no new coin will be generated from the market. POS and POW have become the problem since a few years ago where some people said that POS was better and more conservative but this less decentralized compared with the POW.
Some people were also thinking that if POW was perfect.
The increasing number of governments that require more and more renewable energy and the amount of consumption in mining world made it a bit of forced thing to go on in the future. ETH did not force themselves to do this, they took an early action because they are famous for being many many years in the work before they can actually implement something.
This resulted with them making the first initial steps a few years ago, and it will probably not end this year, questionable even for next year but will need to go there. This will allow everyone to keep on making money from staking something as awesome as ETH, and there won't be any need to sell to pay the electricity bills of mining, plus everyone will have more reason to buy now.
This resulted with them making the first initial steps a few years ago, and it will probably not end this year, questionable even for next year but will need to go there. This will allow everyone to keep on making money from staking something as awesome as ETH, and there won't be any need to sell to pay the electricity bills of mining, plus everyone will have more reason to buy now.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
Let's do the math
Lowest price now is $1700 highest $4800 (approx)
Eth 2.0 will kill off 90% of its coin generation (triple halving).
A halving should in theory double the price.
A triple halving is 8x the current price.
So anywhere from $13600 to $38400 per ETH is a sane estimate.
Just because there is a big market fall, doesn't mean that ETH is responsible for it, nor should we consider ethereum to be doing badly individually neither since this is a general thing. I am hoping that it would get better all together but thats not looking like a likely thing at all right now. I am guessing that the best thing we can do right now would be to just hodl and wait. ETH will have a big chance to provide proof that PoS will be a lot better, because the biggest problem ETH faces right now is the gas fee when bull run happens, if PoS can fix that then everyone will love it, if it can't fix it then getting rid of GPU miners won't make much financial advantage.
we must know the difference between POS and POW first before thinking that both are good algorithms for Ethereum,
and in my opinion Ethereum is much better using POW, and I think if Ethereum moves to POS, then Miners will also move to other coins,
this is what will make disaster for Ethereum, and there are already a lot of rumors regarding the next ETH,
on twitter they say Ravencoin will be a good successor.
and in my opinion Ethereum is much better using POW, and I think if Ethereum moves to POS, then Miners will also move to other coins,
this is what will make disaster for Ethereum, and there are already a lot of rumors regarding the next ETH,
on twitter they say Ravencoin will be a good successor.
ETH is below its 2017 ATM. And all this due to the stETH depeg. If this was a bull market it wouldn’t of been a big deal but on a weekend when liquidity is low it’s crazy how fast it has fallen.
If the stocks have a bad week, you can see it fall closer to the $1000 area. Most likely won’t be the bottom. Too much bearish news out lately and I wonder when we will get some relief. The CPI numbers certainly made things much much worse.
ETH and stETH are not linked together, dude. Only one way from ETH to 'voucher' stETH that I really don't understand why people trade their ETH for that shitty coin and the empty promise of staking. stETH can drop down to zero for all I care and ETH still stand. Maybe when people start to understand that, ETH can stop being fud by some shitcoin trying to link and peg to ETH.If the stocks have a bad week, you can see it fall closer to the $1000 area. Most likely won’t be the bottom. Too much bearish news out lately and I wonder when we will get some relief. The CPI numbers certainly made things much much worse.
However, I could sort of understand how people are making a mistake with the current situation, everything is chaotic at this point and that is why they are making these radical moves so that they could protect at least a bit of their money. For me, I would only come up with "making more profit this way" as the only solution, all the others are looking like it would be a bad decision and I wouldn't really invest any other reason.
ETH is below its 2017 ATM. And all this due to the stETH depeg. If this was a bull market it wouldn’t of been a big deal but on a weekend when liquidity is low it’s crazy how fast it has fallen.
If the stocks have a bad week, you can see it fall closer to the $1000 area. Most likely won’t be the bottom. Too much bearish news out lately and I wonder when we will get some relief. The CPI numbers certainly made things much much worse.
ETH and stETH are not linked together, dude. Only one way from ETH to 'voucher' stETH that I really don't understand why people trade their ETH for that shitty coin and the empty promise of staking. stETH can drop down to zero for all I care and ETH still stand. Maybe when people start to understand that, ETH can stop being fud by some shitcoin trying to link and peg to ETH. If the stocks have a bad week, you can see it fall closer to the $1000 area. Most likely won’t be the bottom. Too much bearish news out lately and I wonder when we will get some relief. The CPI numbers certainly made things much much worse.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
I think Ethereum will fall below 500 usd before we see a move towards an ATH. A lot of people and institutions are being liquidated right now, which is causing a price cascade down. I'm investing in new projects that launched recently (like CNDL and Lumina1), that way there aren't any bagholders looking to dump on me. 
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
At the moment, the price of Ethereum is $1380 and it is likely to drop even more. However, this has nothing to do with the fork, it's just that the entire cryptocurrency market is in a bearish market.
Everything indicates that the trend is towards PoS. However, whether the change from PoW to PoS will have a positive impact on the Ethereum price depends mainly on whether the transaction fee price drops. If the amount of the fee remains unchanged, I do not think the fork will have any impact on the Ethereum price.
ETH is below its 2017 ATM. And all this due to the stETH depeg. If this was a bull market it wouldn’t of been a big deal but on a weekend when liquidity is low it’s crazy how fast it has fallen.
If the stocks have a bad week, you can see it fall closer to the $1000 area. Most likely won’t be the bottom. Too much bearish news out lately and I wonder when we will get some relief. The CPI numbers certainly made things much much worse.
If the stocks have a bad week, you can see it fall closer to the $1000 area. Most likely won’t be the bottom. Too much bearish news out lately and I wonder when we will get some relief. The CPI numbers certainly made things much much worse.
The first thing that I've thought of is the supply of GPUs, there will be more again in the market and supply will be flocking again so that means a lower price for GPUs and I can buy a new one, hehe. 
Talking about the possible price of Ethereum, it's only one way up and there would be some scenarios like what we're experiencing right now and it's a normal thing. Eventually, if the transition is a success, we'll not see the impact of it as soon as possible. Just like halving for its effect, we'll see that after several months.
Talking about the possible price of Ethereum, it's only one way up and there would be some scenarios like what we're experiencing right now and it's a normal thing. Eventually, if the transition is a success, we'll not see the impact of it as soon as possible. Just like halving for its effect, we'll see that after several months.
My take on eth price in the future is, they will further increase its value in the market as it is not developed by scam artists. PoS or PoW, it doesn't matter to me. As long as the eth dev team is continuously innovating their network, they can do whatever is necessary to catch the changing requirements of the community. I have high regards on eth dev team, so I believe, they won't fail their supporters. We may not see the steep climb but that's fine, as long as they are developing a significant improvement in their network, the increase of value will come later.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
I don't it will have any affect on the price of eth. It shoukd one already be priced in. And second market forces will weigh more heavy on the price than a change from PoW to PoS
The first thing that I've thought of is the supply of GPUs, there will be more again in the market and supply will be flocking again so that means a lower price for GPUs and I can buy a new one, hehe.
Talking about the possible price of Ethereum, it's only one way up and there would be some scenarios like what we're experiencing right now and it's a normal thing. Eventually, if the transition is a success, we'll not see the impact of it as soon as possible. Just like halving for its effect, we'll see that after several months.
Talking about the possible price of Ethereum, it's only one way up and there would be some scenarios like what we're experiencing right now and it's a normal thing. Eventually, if the transition is a success, we'll not see the impact of it as soon as possible. Just like halving for its effect, we'll see that after several months.
My take on eth price in the future is, they will further increase its value in the market as it is not developed by scam artists. PoS or PoW, it doesn't matter to me. As long as the eth dev team is continuously innovating their network, they can do whatever is necessary to catch the changing requirements of the community. I have high regards on eth dev team, so I believe, they won't fail their supporters. We may not see the steep climb but that's fine, as long as they are developing a significant improvement in their network, the increase of value will come later.
Nothing happened. Just because ethereum doing merged and it doesn't mean if ethereum will be pumped so high. That's quite different when we are talking about the hype. We are still in the bearish market. POS was not good at all. This is making the network become unstable. ethereum is so good with the POW and why do the developers need to change it into the POW? that's making the blockchain became unstable network and this is bad for all of people who actively used ethereum.
The first thing that I've thought of is the supply of GPUs, there will be more again in the market and supply will be flocking again so that means a lower price for GPUs and I can buy a new one, hehe.
Talking about the possible price of Ethereum, it's only one way up and there would be some scenarios like what we're experiencing right now and it's a normal thing. Eventually, if the transition is a success, we'll not see the impact of it as soon as possible. Just like halving for its effect, we'll see that after several months.
Talking about the possible price of Ethereum, it's only one way up and there would be some scenarios like what we're experiencing right now and it's a normal thing. Eventually, if the transition is a success, we'll not see the impact of it as soon as possible. Just like halving for its effect, we'll see that after several months.
POS is indeed a good algorithm, because it doesn't consume electricity like in POW, so many people say PoS is better than POW,
Because sacrificing the network' security for a less power consuming POS is genius? WowEthereum is going down even harder than before. It seems like mostly of people are starting to distrust this token.
Or it's just the bear market being the way it has always been.
too many variables, miners will find it less attractive to deal with eth, so you'll lose the miners market.
transaction fees will still be high after the merge, making ethereum less attractive.
PoS will make price predictions more difficult because a large portion of ethereum will be locked away for staking rewards.
fears the upgrade might have some bugs.
fears the merge will be delayed.
good luck catching the top or bottom with all these factors
transaction fees will still be high after the merge, making ethereum less attractive.
PoS will make price predictions more difficult because a large portion of ethereum will be locked away for staking rewards.
fears the upgrade might have some bugs.
fears the merge will be delayed.
good luck catching the top or bottom with all these factors
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
to be honest i just heard about the change from POW to POS, and it is my favorite altcoin, yup Ethereum, POS is indeed a good algorithm, because it doesn't consume electricity like in POW, so many people say PoS is better than POW,
but I I think this will make Ethereum even more unattractive, as many miners will switch to mineable altcoins
PoS definitely going to cut the GPU middle man in the PoW of ETH and help to increase its price. The reason behind it is very simple to understand. Miners of PoW have to pay for electricity as well as to cash out their ETH just got it to fiat to cover the ROI cost. Result of it, ETH couldn't have a high price since PoW miners of ETH always want to sell the coin. Enough fiat after ROI turns to reinvest in the new GPU rigs, net profit right away for GPU manufacturers and resellers, scalpers but the risk push to the miners. And then the process starts again.
With PoS, the GPU middle man won't have a pie in this new network. Now you can mine ETH directly with your own ETH -> the money stay in ETH! Less risk for the PoS miners, less chance of them doing the cut loss while under the stress of having to cover ROI. ETH more likely becomes a long-term investment for everyone, both holders/miners in this case. This is why people speculated that with the PoS, ETH's price more easily goes up, better buying it now when PoS testnet wasn't merged with mainnet yet.
With PoS, the GPU middle man won't have a pie in this new network. Now you can mine ETH directly with your own ETH -> the money stay in ETH! Less risk for the PoS miners, less chance of them doing the cut loss while under the stress of having to cover ROI. ETH more likely becomes a long-term investment for everyone, both holders/miners in this case. This is why people speculated that with the PoS, ETH's price more easily goes up, better buying it now when PoS testnet wasn't merged with mainnet yet.
After what happened with Luna, everyone should understand that Proof of Stake is a dangerous model.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.
What happened with Luna is what happens if you are backed by nothing and have a less than 1-to-1 collateral.
Aka floating coins.
Also giving off way too high profits basically making it a Bernie Madoff style investment. They got tested and failed.
So please don't say PoS is the problem. It was the shit idea and shit fundamentals behind it that failed.
This is the difference between altcoins and shitcoins
I highly doubt the merger will happen this year, how many times have the release dates been postponed already. If we talk about price, I expect ETH price to grow in the long term, even with PoS transition. At the moment, a lot of ETH coins are leaving exchange wallets. Investors prefer to keep ETH in cold wallets, though one can still assume that it goes to preparation for ETH staking.
After what happened with Luna, everyone should understand that Proof of Stake is a dangerous model.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.
Ethereum is going down even harder than before. It seems like mostly of people are starting to distrust this token. Please watch it again. moving to the POS didn't mean if that would be good for ethereum. There are so many speculations if the price will be coming back again to the 3 digits. It's too early to say that ethereum may be doubled after pos will be fully completed. It may go down to the 1k rate soon. Ethereum just still remain hybrid rather than fully moving to the POS
ETH 2.0 is going to have less tokens and more utility which in my books is profit.
1. Ethereum Ropsten testnet has been successful.
2. Next is Sepolia Testnet.
3. Continue to Goerli Testnet.
What happens next for Ethereum Bullish or will it keep crashing down??
I think it's bullish unless the merge fails. But I have great faith in the devs...
Ethereum is going down even harder than before. It seems like mostly of people are starting to distrust this token. Please watch it again. moving to the POS didn't mean if that would be good for ethereum. There are so many speculations if the price will be coming back again to the 3 digits. It's too early to say that ethereum may be doubled after pos will be fully completed. It may go down to the 1k rate soon. Ethereum just still remain hybrid rather than fully moving to the POS
ETH 2.0 is going to have less tokens and more utility which in my books is profit.
1. Ethereum Ropsten testnet has been successful.
2. Next is Sepolia Testnet.
3. Continue to Goerli Testnet.
What happens next for Ethereum Bullish or will it keep crashing down??
Ethereum is going down even harder than before. It seems like mostly of people are starting to distrust this token. Please watch it again. moving to the POS didn't mean if that would be good for ethereum. There are so many speculations if the price will be coming back again to the 3 digits. It's too early to say that ethereum may be doubled after pos will be fully completed. It may go down to the 1k rate soon. Ethereum just still remain hybrid rather than fully moving to the POS
People are scared of change. It will go up once the merge is done.
The merge could fail and then you will be right but if it succeeds...
ETH 2.0 is going to have less tokens and more utility which in my books is profit.
Ethereum is going down even harder than before. It seems like mostly of people are starting to distrust this token. Please watch it again. moving to the POS didn't mean if that would be good for ethereum. There are so many speculations if the price will be coming back again to the 3 digits. It's too early to say that ethereum may be doubled after pos will be fully completed. It may go down to the 1k rate soon. Ethereum just still remain hybrid rather than fully moving to the POS
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
Let's do the math
Lowest price now is $1700 highest $4800 (approx)
Eth 2.0 will kill off 90% of its coin generation (triple halving).
A halving should in theory double the price.
A triple halving is 8x the current price.
So anywhere from $13600 to $38400 per ETH is a sane estimate.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
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