Ethereum switches to POS

[Prodigye]

Ethereum is going to switch to Proof of Stake soon, required amount is 1000 ETH. People will pool and buy to stake at 14% a year, prices will likely increase due to higher demand. Should you buy now?

[blozo]

Yes accumulate ETH now can be a good move. Though exact dates are not confirmed (we should have an hybrid POW/POS version in 2018 and a full POS implementation in 2019). Even the stake reward is not confirmed ( I heard something around 5-7%).

For sure yearly inflation (the creation of new ETH per year) will drop consistently (from a current 10-12% to a 2-3%), so ETH will be a really good store of value as well 

[Haley craft]

Although POW mechanism and POS mechanism have certain advantages.
I think the price will go up after we switch to the POW mechanism, and recently in the bear market of cryptocurrency market, I have bought a lot of ETH, waiting for its further rise.

[jomarthegreat89]

It will be difficult for the new comers to catch up since ETH is already priced so high.. This is only good for those who accumulated 1,000 Eth early.

[HALLASTERA]

Pos with main ethereum network it will be most centralized. If aren't decide problem with scaling then will be even more centralized.

[Sanderion]

Ethereum is going to switch to Proof of Stake soon, required amount is 1000 ETH. People will pool and buy to stake at 14% a year, prices will likely increase due to higher demand. Should you buy now?

If you are going to accumulate great position in ETH - you should do it gradually. Now, when the whole market is in big correction, you have a great chance to buy cheap. It's time to start

[lelou]

1000 ETH to join pool? link please.  requirement is too high and this may lead to centralization.

[bratbu]

I dont think it is a good idea,what these miners will mine after ethereum siwtch to POS?and how will these small investors will be able to aquire mor stakes when it is very limited? It might be the reason why ethereum will collapse,it they do this most of the ethereum users who has the the most number of ethereum would become more rich,and these small time wont have a chance!

[khufuking]

Ethereum is going to switch to Proof of Stake soon, required amount is 1000 ETH. People will pool and buy to stake at 14% a year, prices will likely increase due to higher demand. Should you buy now?

Ethereum switching to POS is old news and there is no date set yet and I think no date will set anytime soon , With 1000 ETH I really do not think this number is correct , Do you have any official link  for this information  ? . About the price of ETH , The price will increase whether there is staking or not , ETH will reach 2k this year ( I hope  )

[isamuaamc]

1,000 ETH? Seriously? Too high and unreasonable to set so.

[GabrielKiara]

Wow 1000 eth seriously ? can you give a link related to this news? That's too high for me and some people, Yes if the news is true this is a good time to buy eth because I'm sure the price will rise.

[—]

pos is a proven long term fail, price will rise until switch over and then slide \
Peercoin - first pos coin
Blackcoin - first pow/pos coin

[BitcoinHodler]

Ethereum is going to switch to Proof of Stake soon, required amount is 1000 ETH. People will pool and buy to stake at 14% a year, prices will likely increase due to higher demand. Should you buy now?

i don't have enough information about these numbers but lets say you are correct.
1000 ETH costs about $10,000 and not everyone is going to invest that much in a volatile altcoin that has a lot of issues and may drop hard. some whales may do it and the ethereum foundation obviously has millions in their pockets which will do it but not regular people. so the unfairness continues.

not to mention all the miners who are going to pull out and go away for good. and a miner could simply build a rig with $1000 and mine ETH and a lot of other coins at the same time. with $10k you can build 10 good rigs and mine a lot more than 14% per year...

[xarly1]

This asset always has a prospect of good growth . As the ETH is a very important coin for the market . And developers do not stand still