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Author Topic: What would be expected after ETH goes Pos?  (Read 1517 times)
ShareAccepted (OP)
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February 01, 2018, 09:59:46 PM
 #61

All that ETH hashing power will point elsewhere, maybe ETC. Look what happened to LTC in 2013 when ASICS hit the market for BTC. EVERYONE with GPU rigs started to mine LTC. All that competition drove the difficulty thru the roof immediately. This made it more costly to mine a LTC and LTC went from 2 to $55 overnight. the reason is Miners wont sell for less. they create the supply. Supply becomes dammed up from difficulty and miners unwilling to sell for less than a profit. Alls it will take is a two week lag from this phenomena and the #2 GPU coin will skyrocket from this effect.
Just my take, there are other factors but it is a sound observation/metric for long term profit.

Interesting observation, but I don't think ETH will lose value after the declaration of the POS system on ethereum blockchain. Because LTC was a coin that does basically nothing. ETH has lots of features used by developers in real life. Hence, comparing ETH to LTC in this case, doesn't make sense to me.

I think it will mostly depend on supply and demand. We think that the demand is going to rise progressively, particularly if the number of transactions per block grows with the Plasma protocol, but we do not know the offer side. I was interested in knowing more about the predictions  for the issuance rate.

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February 02, 2018, 02:09:15 AM
 #62

i think that half of the miners will move to ETC,
dont know about the price but i dont like the PoS idea
Ethereum classic is one of the altcoin. This is not that much popular in current market. I think few miners only move to Ethereum classic. It is raise in current market. But last month it was fall in market. So it is not a stable currency. Ethereum is the best centralized cryptocurrency. It is a long term investment. This is more profit for any other coin in future.

he asked what will happen when ethereum moves to PoS... half of the miners will mine ETC for sure.. there are no many better alternatives
and ETC wasnt a fall in the market.. its in the top 10 and grew a lot in 2017
also it has a big progress now in development and partnership, and had its first summit a week ago
Do we have a date of when that is going to happen? To me it does not seem like a good idea it change from proof of work to proof of stake, I think ETH is doing a tremendous mistake by doing that it is possible this is what ETC was waiting for to try to take over as the main Ethereum.
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February 02, 2018, 06:42:19 AM
 #63

In terms of price and emission... has anything been already said by Vitalik or any other main figure in the field? What is your view and why?
Already and so many miners on the ether, the resources of bitcoin are exhausted and we need to look for something new. But in pure and not fork, he is not so good both in price and in trade in the market. Let's see how everything turns after the red period.

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February 02, 2018, 07:11:06 AM
 #64

I think market will instantly react to it. Miners will find it boring to hold and it will lose some value. Some people especially traders will manipulate it to obtain at cheap prices to pos and generate money.

So did I understand you right, the ETH price will go down? Do you think that wil be a dramatic drop? or just a little step down? I'm  asking as usually I work with ETH only

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February 02, 2018, 07:44:33 AM
 #65

We expect exploding in price. People will choose staking then mining since mining take very much energy and electricity. Maybe we will see some btc eth flippening. Miner which has their miner run still mining and probably they will spli to staking and mining. I really wait for this POS phase. Especially if staking could help ethereum network and make it faster.
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