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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: BlackJacky on September 02, 2018, 10:32:29 AM



Title: ETH reduction from 3 to 2 Eth...WHEN?
Post by: BlackJacky on September 02, 2018, 10:32:29 AM
Hi guys,

I dont understand the timeline here. When is the reduction happen? They say that the difficulty bomb will be delayed by 12 months. Furthermore, they talk about 8 months on Constantinople....

Could somebody explain me briefly the timeline?

THanks


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: FrozenPhantom on September 05, 2018, 12:10:38 PM
Know this is only a harsh accord between a couple of designers. It won’t be finished until the point that the Constantinople fork really winds up being the new portrayal of ETH.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: atliens99 on September 05, 2018, 12:13:47 PM
It will be happening soon and this will cause the supply to decrease a lot.  Use this as a golden opportunity to buy before ethereum soars back over one thousand dollars again.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: Rina_Solutions on September 05, 2018, 12:14:20 PM
They promise to do it in November, as Devs said


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: farhiamunni on September 05, 2018, 12:17:33 PM
Hopefully soon you can know about this topic. I have a little more knowledge about ETH reduction, so I am trying to find out from my other groups and links of cryptococcosis.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: OluwaTosin10 on September 05, 2018, 12:18:42 PM
I think I do not understand what is going on here
What’s the reductions about ?, is it about the bearish market ?

Or some specific strategies ??
Please do enlighten me


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: Asprincess7 on September 05, 2018, 12:21:48 PM
Fascinating actuality is that Vitalik remained out of this whole dialog. He made a few remarks all over, yet he's not taking up initiative. That may result in more opposition against the choice made in this call.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: BlueBruiser on September 05, 2018, 12:34:25 PM
Diffuse it isn't troublesome. It's the demonstration of expecting to "refresh" pools and customers that turns into the obstacle to unsophisticated gatherings from vivifying the husks of the heritage chain.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: bolshojkush on September 05, 2018, 12:42:05 PM
I think that miners will mine other coins, because the complexity of Ethereum mining will remain the same, and ether will be mined less. If there is a fork, the price of Ethereum can fall greatly. But, there are no deadlines, the developers are just discussing it.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: MarbleAlligator on September 05, 2018, 02:10:24 PM
I am surprise that you are panicking on such a small matter, this kind of small reduces happen here almost everyday so you need to be very strong and clam to deal with such incidents otherwise it will be impossible for you to stay here


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: BattleHippo on September 05, 2018, 02:18:06 PM
I understand your concern it is OK to be worried when the prices are reducing it fall impact on your decision but I would like to suggest you to be clam it is a very minor decrease and the market will surely overcome it very easily


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: BabyBoar on September 05, 2018, 02:23:49 PM
Mining Reward should reduced Because of a rising Ethereum price would benefit the miners. I think Mining Reward should be reduced from 3 to 2 ETH. It will be stop the loss of value of Ethereum.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: Yara1996 on September 05, 2018, 02:24:55 PM
We can not know when the new growth of cryptology will go, we can just guess it, do not be nervous and be patient!


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: tradcoin on September 05, 2018, 03:16:21 PM
It’s a reward from the ETH platform. Last few days the developer offer three possible scenario that which is effective.  It already start. I think its a great opportunity.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: goldencrypto7100 on September 05, 2018, 06:49:56 PM
If Mining Reward reduced then rising Ethereum price would benefit the miners. Mining Reward should be reduced from 3 to 2 ETH. i think It will be stop the loss of value of Ethereum.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: dnsokoljuk on September 05, 2018, 06:53:37 PM
That is already happiens how i know and now reward reduced. So, many peoples hope that this will make pice of Eth bigger than now and it again returns to normal price. But now, sure - price is terrible.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: LinkinPrak852 on September 05, 2018, 07:10:58 PM
Mining Reward should be reduced from 3 to 2 ETH because rising Ethereum price would benefit the miners.It will be stop the loss of value of Ethereum.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: tianxin84 on September 06, 2018, 02:08:03 AM
The market is falling again, and the price of Ethereum has dropped to $200. This is a very bad news, and I hope the market will pick up as soon as possible.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: Proo1947 on September 06, 2018, 05:59:03 AM
We need to know that the decision has not been implemented yet, so getting to see a timeline would be a difficult task, as it might happen even before the decision took place.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: voltagecrypto98 on September 06, 2018, 06:45:51 AM
Giving a timeline on is hard. Also the issue about the difficulty bombs, as far as the news tells, is that the decision was taken, not implemented yet.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: pithenclacke on September 06, 2018, 09:16:41 AM
The update will probably take place in the next month which means in October. And after that update another update of hard fork will take place after eight months. The difficulty bomb has been increased to 12 months which means mining difficulty will be increasing at a slower rate.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: CoinMarKetHW on September 06, 2018, 12:47:23 PM
The constantinople hard fork takes place next month and another hard fork is scheduled eight months later. I think this is a very good news about cutting the reward and delaying the difficulty increase. I though the market will act bullishly towards this news but I was wrong.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: X-ray on September 06, 2018, 12:52:28 PM
Hi guys,

I dont understand the timeline here. When is the reduction happen? They say that the difficulty bomb will be delayed by 12 months. Furthermore, they talk about 8 months on Constantinople....

Could somebody explain me briefly the timeline?

THanks
As far as i know that will come as soon as possible, the difficulty bomb is about to reduce the block reward of ethereum from 3 to the 0.6 ether for each block that has solved by miners. It's to supporting the POS update and difficulty bomb needs a lot of requirement and the next block reduce will come as soon as possible. keep calm dude.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: CripplesPlazma on September 06, 2018, 01:08:15 PM
Some serious hard forks and updates happening next month. I hope the miners are still interested in Ethereum mining, otherwise it will have a great fall. Also the devs are thinking of restricting ASICs to mine ethereum which in my opinion is a bad decision.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: Aleshia696 on September 06, 2018, 02:04:43 PM
Although I know a little bit about this issue. But trying to know more about ETH reduction. You can try to know more about that reduction by the group that you are connected to. Hopefully you notify the cause soon.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: musta5a on September 06, 2018, 02:10:28 PM
Hi guys,

I dont understand the timeline here. When is the reduction happen? They say that the difficulty bomb will be delayed by 12 months. Furthermore, they talk about 8 months on Constantinople....

Could somebody explain me briefly the timeline?

THanks

could you share more info on what is the reduction and constantinopole? This is the first time I'm hearing about it, would be nice to get some more information. Am really curious


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: MilfordGannon on September 06, 2018, 02:45:43 PM
It's seems that this difficulty bomb will make more difficult to mine ethereum and that's very bad news for miners and it will be demotivate many miners to mine it.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: crazybtclover on September 06, 2018, 02:57:27 PM
As we know, ETH makes its commitments done, as studying the factbooks and ETH sustainability assumption. ThisETH reducing reward price to 2 ETH will make some of the miners disappointed who are newbies but the patient people will hold good with every aspect.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: salinaangel on September 06, 2018, 04:19:06 PM
Vitalik's invisibility in this discussion just surprises me. He just has written some posts here and there but didn't come to any conclusion. That makes the question. But it is a very well planned decision we can say.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: farhiamunni on September 06, 2018, 04:24:14 PM
This is indeed for the good. It's meant to make the supply in control. BTC reward and ETH reward ratio are nearly at 2.5. It's a huge difference. Reducing supply will make the market stable in an invisible way.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: samarabtc on September 06, 2018, 04:39:23 PM
That's proposal is not more accepted by ethereum miners and it's effect badly on it. So that's not a good news for miners at all.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: mktpromp on September 07, 2018, 03:19:14 PM
Ethereum made up a new proposal and that's include difficulty bomb for ethereum improvement but it can be felt bad effect on miners because of it's difficulty in mining.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: Dm.Stepanoff on September 08, 2018, 12:30:47 PM
Mining Reward should reduced Because of a rising Ethereum price would benefit the miners. I think Mining Reward should be reduced from 3 to 2 ETH. It will be stop the loss of value of Ethereum.

ISO projects much more push the price of the airspace after the end of fees. and with such a decision, no one will even run the etherium


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: Aleshia696 on September 08, 2018, 02:18:17 PM
There some time reduction happen that is not a problem it will be alright after some time. This time timeline takes a long time reduction but it will be solved hope so no need to be tensed.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: BTCdude007 on September 08, 2018, 02:24:21 PM
How will this affect the price of the Ethereum? Many experts say that price will rise, I do not understand why the price will rise.


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: damsix on November 01, 2018, 01:29:48 AM
If there is a reduction in supply from Etheruem and it's almost 30%, the price of Ethereum will increase.
The question is, how can you delete the Etehreum supply that is stored?
while all people have Etheruem in their respective wallets (because the price is expensive).


Title: Re: ETH reduction from 3 to 2 Eth...WHEN?
Post by: btcCoincart on November 01, 2018, 02:27:43 AM
This is a rumor around ethereum, I think it's just a FOMO way. If they want to reduce, the value will be the same. For instance, you hold 100E and it costs $20,000 total. If they decided to decrease ethereum amount, then your account balance is still $20,000. But you have only 50ETH left. In brief, you don't lose or gain any money on this process :)
Hope this will help you ;D