ETC future after ETH goes to PoS

[dennyd999]

ETH (Ethreum) has been anonced that 75% progress made toward the PoS.

When PoS on ETH will be activated what will be with the miners? Are they all go to ETC?
Can it push ETC to price grow?


How about ETH after PoS? Price will drop shortly after that?


What are your thought and why?

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[rigel]

Why should miners make the price grow? They sell coins, never buy them.

Probably switch to POS will make ETH less inflationary so price may grow.

[Jannn]

Probably switch to POS will make ETH less inflationary so price may grow.

Definitely agreed.
Even ETH is switch to POS ,miners can stake their ETH on their wallet.
And ETH have a big potential to grow more in the market than ETC.

[asdalani]

Aren't they two different things? Why would the price of ETC relate to the price of ETH if it is ETH that has the most potential to go up in value?
People want the Ethereum price to rise, ETC does not have that many people that care for it compared to ETH unless we are discussing about two different things here.

ETH is likely going to go up in value.

[JosNekoKopa]

Why should miners make the price grow? They sell coins, never buy them.

Probably switch to POS will make ETH less inflationary so price may grow.

Miners can influence mining difficulty, like BTC miners do this now, and everybody realising that selling under price is idiotic. Yes they can artificially keep price over the price of mining with litle help of traders and this is how is formed minimal price.
With POS you don't have his, and if some big investor decide to exit, he can destroy coin if he dumps hard.

[Ayers]

Why should miners make the price grow? They sell coins, never buy them.

Probably switch to POS will make ETH less inflationary so price may grow.

this could be true at first, but then when buyers will accumulate enough coins for their interest from pos, the interest will be dumped and cause the price to fall, i see always this pattern when talking about pos coins, they are good at first but bad later, when the distribution will be centralized because someone decided to buy a big amount and get free coins from pos staking to dump on the market

[shinratensei_]

ETH (Ethreum) has been anonced that 75% progress made toward the PoS.

That's just a progress, There is no exact date when the Proof of stake will be implemented.

When PoS on ETH will be activated what will be with the miners? Are they all go to ETC?
Can it push ETC to price grow?

Nope, it will not bring anything for the ethereum classic except a new miner will come to mine it and dump to the market. Ethereum still can keep his miners to securing the network through increasing the transaction fees.

How about ETH after PoS? Price will drop shortly after that?

THe supply gets limited, There is no more inflation to prevent the price still going up everytime.

[XbladeX]

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With POS you don't have his, and if some big investor decide to exit, he can destroy coin if he dumps hard.

not really if you have very good distributed coins like EHT has there is no such thread man
ETH had live over time bigger ICO eth dumps so i don't see problems here coin have BIG volume so it will eat nicely dumps and add masternode with will make price x4-x10 ^^


PS: ETH will have scaling with POS while ETC won't have any scaling just increasing blocksize.

[BiTZeD]

Some will go to Ethereum Classic, but not all. In fact, I guess most of them will head toward ZCash. And also, rigel is right, miners put pressure, do not buy. It will not make the price fall, because the total ETC created per day is still the same, but it will not make it rise either.

[BitcoinHodler]

it is very hard to say to be honest. ethereum price doesn't move like normal altcoins do! it is mostly based on the decision of whales, if they decide to pump it they will and if they decide to take some money out and shake out, they will do that.
all the rest of these things like PoS, PoW, fork, DAO scandal,... are irrelevant when you have a lot of money and control.

[mobnepal]

When PoS on ETH will be activated what will be with the miners? Are they all go to ETC?
Can it push ETC to price grow?

I think you are correct in some points, miners may switch to mine ETC because they don't want to keep all their mining hardware abandon. This will increase mining difficulty for ETC so price can go up naturally but it still needs someone to buy which is quite hard to get because DAO drainers have lots ETC which they can dump anytime. Nobody like to take risk of holding ETC.

[edmundduke]

It will be interesting to see what happens when ETH goes POS. As for ETC, not sure what will happen there, most likely will follow the path it is on unless the ETH POS shows some real benefits over pow.

[JosNekoKopa]

ETH and ETC are totally different coins now, and decisions made in one team won't affect another. Yes this is very nice opportunity now for everybody in this crypto world to see what is better POS or POW,  and when this happening to an major altcoin we all can be silent witness. I don't remember we had same situation resently.

[christie]

Probably switch to POS will make ETH less inflationary so price may grow.

Definitely agreed.
Even ETH is switch to POS ,miners can stake their ETH on their wallet.
And ETH have a big potential to grow more in the market than ETC.

this is exactly what I thought. for long term, PoS is a better choice

[arnbrd]

I think that ETH price will increase after the PoS transition because from what I remember there would be some kind of masternode, where to stake you would need some minimum amount. But this information is more than one year old, so that might no longer be the case. But in case it is, for sure the price will increase permanently.

[robelneo]

I'm waiting for eth to go to pos I am supporter of pos coins,because it's easy to mint a new coin and people will have to hold their coins stakes it,many people especially those who are pos supporters will adopt Ethereum.

[JGoRed]

I am guessing that the price will go since there will be a lot of investors investing after the change from PoW to PoS, although the miners will probably go somewhere else after the change.

[hankyulpark]

I believe that will be a huge hashrate transfer when the announcement is made. Most people mining altcoin are there for the coins, and a change in that will make this coin not attractive anymore. ETC support will increase, and hopefully more developers also will help to improve the coin.

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[kryptqnick]

Aren't they two different things? Why would the price of ETC relate to the price of ETH if it is ETH that has the most potential to go up in value?
ETH is likely going to go up in value.

I agree about ethereum but also understand why etc may grow as well. You see, miners have their hardware. They won't be able to use it really with ethereum after it switches to proof of stake system. Selling the hardware will also be unprofitable, because many people selling at once will cause the price on it going down. Thus, they are likely to start mining other coins. And perhaps, if they were used to eth, they'll choose something similar to it just not to make big changes. Thus, they might choose to mine etc after they can't mine eth.

[wtfonly16]

when is PoS activation?