You don't believe me?? Well do the maths. enter here: https://etherscan.io/stat/supplyThen watch a 24 hour period. Vitalik has repetedly said he doesn't want to have more than 100 million. Once PoS is applied, you will not be able to trade the coin, nor sell it, nor buy and not mine it. Enjoy your "long term investment"  |
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all the money in crypto, cannot be charged with TAX, tracked or known the owner. Moreover, that money in crypto while it's there, it's not in the banks account, so they cannot play with it, they cannot lend it to others, they cannot buy debt with them.
For me it's simple asF. cryptocurrency will die because it goes against the system, and the system needs crypto to be hiper-regulated or kill it.
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whoever puts ETH and "long term investment" in the same phrase, is an ignorant.
ETH will go PoS in just 4 months. Some of you guys should leave their wet dreams of becoming rich aside, and return to reality. You seem dumb to me.
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what is ridiculous is to see people , a lot of people here, saying with no evidence , clue or argument that this will go to green a lot more than before, when the hole cryptoworld has lost a 60% of it's value, when bad and bad news about hacks, coins stolen and other things happening. When governments and banks want to finish the anonymity of the cryptocurrencies. When regulations will be made to try to disable people from entering the business, or when most governments will sure TAX this activity as an Asset.
That's what is ridiculous for me. To ignore the bad news all around and apply only a blind faith to this matter. That would only be done by a supreme ignorant.
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Volatility is in fact a blessing in disguise. For you, it might be horrible, but for some of us that are good in trading, its like a blessing to earn significant profits from time to time.
I disagree with you. My opinion is that the cryptocurrency has a slightly different purpose than just a tool for speculation. Although at the moment it allows many to make a significant profit. The general trend of the market is still down so at this point it should be careful in investing or trading. The market will be better in April and 5 so now when the market drops crypto you can buy and hold until the market grows again. What is your optimism based on....Zero! exactly!!! they base their hopes of a good green year on nothing!!! just blind faith!!! how is it possible?? are they morons? or just coin developpers trolling? maybe even paid from them?? there is not a single argument to say this will go to green. Not even increasing a little!! and not that they say it's gonna increase, but that it will get to where it was before!!!! WTH!! |
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absolutely not!!!!
ETH will change to PoS in 4 months so shut up and don't lie!!!
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i think a lot of bad news are going to come, specially about laws, regulations, taxes , the fight against anonymity, this will affect tremendously the cryptomarket.
G20 is gonna state in the next hours the principal aspects of crypto, and we will probably see a drop. Some people have said we are in a bull run. That's fake and false. This phenomenon is done by traders bying and selling the coins at short term, and many people have "hyped" instantly.
i'm very pesimistic about the future of crypto.
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We must not count our chickens before they are hatched
I think this is just a small bump that will disappear tomorrow. This is not gonna be a bull run. In fact i think all people are begining to sell right now and it will go down very quickly.
Don't smile yet.
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We must not count our chickens before they are hatched
This uptrend is just an illusion. it can go way down faster than a blink.
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Everybody who dont see any profit and dont believes must stop, but every business have good times and bad times... its up to you :-) For some this is a hobby... and they are wiling to loose a cup of coffee a day your coffee is very expensive then. my electricity cost per day on a 189,8mh/s 6 gpu mining rig (880W from the wall, so brutally nice) is about 3.8$ per day (0.18$ per kWh). it's not a matter of good times or bad times. It's a matter of not knowing if there will ever be good times. And you cannot assure that. Or yes?? Like I said everybody decides for themself, my rigs take about 1kw/h and it costs me about 0,012$ I own a little store for almost 20 years and it was good and bad years, sometimes you work only to pay bills but still we work.... Something we will earn, and difference for a a day is coffee  I believe .... in better times you mean 0,12$ per kWh right?? not 0,012$. Guess that's with taxes included right?? |
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Everybody who dont see any profit and dont believes must stop, but every business have good times and bad times... its up to you :-) For some this is a hobby... and they are wiling to loose a cup of coffee a day your coffee is very expensive then. my electricity cost per day on a 189,8mh/s 6 gpu mining rig (880W from the wall, so brutally nice) is about 3.8$ per day (0.18$ per kWh). it's not a matter of good times or bad times. It's a matter of not knowing if there will ever be good times. And you cannot assure that. Or yes?? |
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interesting opinions. I suppose everyone is paying bills right?? do you allow yourself to pay from your bank account what should have been paid by the machines??? i haven't gotten to that extreme of idiocy, sorry for that. ahh ok, so you are mining and not selling. So actually every month you get nothing in return but to pay electricity on your own. So every month you actually lose money in favour of crypto. Ohh this soldiers of crypto, how hard it is to deal with your statements.......  how many of you already know that ETH will enter PoS at current mining rates before 4 months from now?? Do you have an idea of what you are going to mine instead??? I guess not. If instant profit is not your ideal situation, then you can afford losing money all the way till the moment comes when you can sell (if it comes). And what about the reason to hold considering that cryptocurrency will turn to green??? Any argument not risible?? I mean...i don't consider blind faith as an argument, but it seems the top trending topic here. You should believe because i do it (said god) Nice!!! and if you don't consider it, you are mad. And what about talking about future profit?? future profit? who TF can tell you right now this is gonna end well??? i guess the world is full of stupids ( a large amount of them are still mining at the moment). It's just a matter of criterium. if i have to pay the bill for the machine, well, get the fuck out here, that's not what mining is for. And if that was the case, as someone said, you should better buy the coins instead of mining them. and while we are talking, everybody here mining ETH is getting less and less money. Since i will not pay your bill (neither will do your rigs at current price), i will cut loses. But youŽll still be paying from your bank account your bills. That's utterly nonsense. But i guess if at the current state you are still mining, nonsense seems to be the most adecuate word to describe it. Please, continue posting, 20% loss today on ETH. But hey!! the market will recover , remember!!! No reason why, money rises in the trees!!!! pos for eth is more than a year away yet, get real , I agree on some of your other points though have you done the maths? i suppose not. the average time to solve a block right now is 15sec. You get 3 ETH coins. IN one year, you get 6,3 million coins average. We are currently at 98,2 million coins. Thats about 4 months. BUT!!! as it has shown the last reports, more than 10.000Gh/s have entered the total network hashrate in last week. If you consider exponential increase in hashrate , you can see that actually a block does not last 15sec, more like 13 sec right now. I suppose mining will stop eventually due to high electricity cost with no income (holders fault). But if this madness continue, we can go down to like 3 months in the worst scenario. |
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i think it's more than possible. In Fact, many technical analysis i've seen say that BTC will go to 2800$ if G-20 gives bad news which is a thing sure to happen.
Moreover the real problem for me, is that ETH will go PoS in 4 months time. It's not time enough for the coin to recover, so holders will not even see 500$ i guess, if this continues to fall.
That's why ETH is going down faster than others. The hole cryptomarket is red, with ETH total capitalization down to 75% from 133 billion to 35 Billion right now.
NOT A SINGLE COMPANY WOULD SURVIVE THAT. If you consider that people, specially big ones have lost a lot of money in the last 3 months i would say it's possible they will never come back.
Sad news are coming. Holders will get what their blind faith has led them to. And they deserve losing it all.
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interesting opinions. I suppose everyone is paying bills right?? do you allow yourself to pay from your bank account what should have been paid by the machines??? i haven't gotten to that extreme of idiocy, sorry for that. ahh ok, so you are mining and not selling. So actually every month you get nothing in return but to pay electricity on your own. So every month you actually lose money in favour of crypto. Ohh this soldiers of crypto, how hard it is to deal with your statements....... how many of you already know that ETH will enter PoS at current mining rates before 8 months from now?? Do you have an idea of what you are going to mine instead??? I guess not. If instant profit is not your ideal situation, then you can afford losing money all the way till the moment comes when you can sell (if it comes). And what about the reason to hold considering that cryptocurrency will turn to green??? Any argument not risible?? I mean...i don't consider blind faith as an argument, but it seems the top trending topic here. You should believe because i do it (said god) Nice!!! and if you don't consider it, you are mad. And what about talking about future profit?? future profit? who TF can tell you right now this is gonna end well??? i guess the world is full of stupids ( a large amount of them are still mining at the moment). It's just a matter of criterium. if i have to pay the bill for the machine, well, get the fuck out here, that's not what mining is for. And if that was the case, as someone said, you should better buy the coins instead of mining them. and while we are talking, everybody here mining ETH is getting less and less money. Since i will not pay your bill (neither will do your rigs at current price), i will cut loses. But youŽll still be paying from your bank account your bills. That's utterly nonsense. But i guess if at the current state you are still mining, nonsense seems to be the most adecuate word to describe it. Please, continue posting, 20% loss today on ETH. But hey!! the market will recover , remember!!! No reason why, money rises in the trees!!!! |
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Noone here has actually a damm clue of what's happening.
Don't listen to them. They are probably coin developpers or people paid to tell you to stay calm
The market will not recover. Investors run away from this type of crysis.
BTW, don't let them lie to you. Never ever cryptocurrency seen such a large fall of price. NEVER. This is new terrain , never explored. Take the most care on what you do.
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i would not expect the market to recover from this hit.
And expect the worst from G-20 summit. BTW, if you are a miner like me, watch your profit, because you are, at the moment, mining to pay the bills with almost no profit at all. I've already stopped all of my rigs.
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not only it will continue, but it will get worse since news from G20 summit are gonna finish Cryptocurrency
I've been predicting this crash for about 3 weeks now. Noone cared, now it's time to suffer the consecuences of believing guys that were faith blinded.
This red tide is so huge, i think no investor will get in again. This is the end.
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in Spain i only have Ebay as reasonable second hand market, and i'm begining to see a big amount of RX 570 & 580 at msrp prices. Considering prices for new gpu's are like 50% ahead of msrp value, well....it's not great but not bad
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Another possibility is the ETH will get pumped again to 2k while BTC remains at it is or hit around 10 to 15k by the end of this year.
eth will enter PoS in just 4 months. So it's not possible to consider ETH as a long-term investment. Miners will have to quit mining ETH in just 4 months. There is no future for this., |
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