[ANN] Ethereum: Welcome to the Beginning

[asdlolciterquit]

i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

[big_daddy]

i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

can be, cause this is a 33% less reward for the mined block, but the elec cost remain the same, so, there will be a price spike, or lot of miners will choose other coins to mine
here the math is very simple 

[RivAngE]

i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

I find this reduction a bit extreme and dangerous under the current circumstances, a slower reduction, like a reduction of 0.2 ETH every 1 month for 5 months.

When I'm saying "current circumstances" I'm talking about the reduced interest of miners and the hefty mining rewards after a big rush to buy GPUs. With a lot of GPUs "sitting" somewhere, it's dangerous to suddenly throw out miners hopping that a price increase will bring them back later on.
I'm afraid of how hard will it really be to attack the network after the fork...

[ryap12]

ETH is back in bullish mode which is good sign about the future of this ecosystem and more interesting to watch it again on 2nd position. ETH is superior than XRP in tech and it has more bigger support with huge community on its back.

Indeed Ethereum is much better than XRP tech and ethereum claim the 2nd position.
Biggest projects based on ethereum blockchain and community supporting and buying at every dip.  
Right now Ethereum is above $150 and I hope in couple of weeks price will cross $200 easily.
What do you think eth can cross $200 line this week or next?  

I like your confidence. Ethereum is updating its blockchain to 2.0 version on January 18th. Looking forward to seeing more volume flow in. I am in the excited phase because I get to buy cheap Ethereum. looks like people switch on ETH and in which through we can cross $200 line so anything can happen!

Raise your hands if you are excited for the hardfork!! I believe that there is going to be a bull run just as you expected to reach $200 USD. I hope it rises back to $1000 USD. It's been almost 5 years now for Vitalik to finally upgrade Ethereum.

[thefoex]

i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

maybe it can, because it will reduce the coins circulating in the market. it seems like bitcoin Halving, sooner or later after halving bitcoin the price of bitcoin is slowly rising.. so I think the reduction in reward blocks can make ethereum prices rise slowly or at least make prices more stable.

[hush]

i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

maybe it can, because it will reduce the coins circulating in the market. it seems like bitcoin Halving, sooner or later after halving bitcoin the price of bitcoin is slowly rising.. so I think the reduction in reward blocks can make ethereum prices rise slowly or at least make prices more stable.

Agreed with you low block reward will put very good impact on the price. I hope so it will help this to find the way to stay on a stable floor. It is on good streak and it will help the people to get satisfied with solid rise.

[Saverenergy]

Hi everybody, HNY 2019 to you guyz.

Do you know how many eth will be needed to run a "node", 32 eth for staking and 5% return per year, can someone confirm it. Super tia.

I think that this is not reliable information. Too cheap and very profitable to be true. Let's wait for the official information.

[chomcv]

so what to mine next after Eth go to POS? etc or

[bitcoin_age]

Today is my birthday 3rd january

[tabas]

More reasons to load up your bags with ETH https://cryptopotato.com/hot-january-for-ethereum-the-three-hard-forks-you-should-know-about/

I don't need those 2 first forks, I just want the upgrade. The spike was definitely caused by these forks. Dump will come after these forks but I hope it would reach a new ceiling then maintain its state a bit by bit.

Is this true? Yes I agree will happen after that just like BCH did last year but hopefully it will not happen. However if that will happen ETH should at least go back to $300-400 so that it wont be affected that much.

Those forks that will generate new coin are probable scam so its useless if you are just buying ETH for those. The real fork is just an upgrade which is the constantinople. And that what will make the network faster and the most awaited change of PoW to PoS is still on the making.

[batang_bitcoin]

It's million dollars question when ETH will break the $200 level resistance or we will see again pull back before it touch this level. At the moment everyone is looking confident soon this will break this psychological barrier and it will start the bull rally.

$52 more dollars with that. As long as I see it higher than $80, I'm more comfortable and feel better that way.

Before the constantinople fork, an expected pump will occur I guess..

[shinratensei_]

i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

maybe it can, because it will reduce the coins circulating in the market. it seems like bitcoin Halving, sooner or later after halving bitcoin the price of bitcoin is slowly rising.. so I think the reduction in reward blocks can make ethereum prices rise slowly or at least make prices more stable.

It will be the same as bitcoin halving but it will reduce the coin that will have produced by the miners to be dumped to the market. basically, it will decrease the inflation that caused by the miners.
that's so simple to understand.

[tbct_mt2]

Usually, block halvings tend to lead to price increases later due to lower inflation rate, and lower total supply on the market.

It will be the same as bitcoin halving but it will reduce the coin that will have produced by the miners to be dumped to the market. basically, it will decrease the inflation that caused by the miners.
that's so simple to understand.

In contrast, switching to PoS is too risky due to more coins will be spread out to more weak hands.
By saying 'weak hands', I meant small stakers who tend to dump their rewarded coins from staking process.
But, it is just a theory and common scenario.
Let's see what's happen with the specific case of Ethereum when it switch to PoS.

[Notin2]

Usually, block halvings tend to lead to price increases later due to lower inflation rate, and lower total supply on the market.

It will be the same as bitcoin halving but it will reduce the coin that will have produced by the miners to be dumped to the market. basically, it will decrease the inflation that caused by the miners.
that's so simple to understand.

In contrast, switching to PoS is too risky due to more coins will be spread out to more weak hands.
By saying 'weak hands', I meant small stakers who tend to dump their rewarded coins from staking process.
But, it is just a theory and common scenario.
Let's see what's happen with the specific case of Ethereum when it switch to PoS.

Technically speaking it gives an equal chance and opportunity for all to stake and get rewarded, before switching to PoS only miners can earn by mining eth, rest of people who don't have a clue or cannot mine will result to buy eth and still you get nothing for hodling in your wallet whatsoever,

Now the story is different, instead of having idle eth in your wallet, stake it and get rewarded, price will always be affected either way,
other coin/token without POS or POW still have their price affected, demand and supply will determine the price, bottom-line now is soon pos will be available to all and people can make decision to stake or not, i don't see the risk here.

[DaveWave]

Usually, block halvings tend to lead to price increases later due to lower inflation rate, and lower total supply on the market.

It will be the same as bitcoin halving but it will reduce the coin that will have produced by the miners to be dumped to the market. basically, it will decrease the inflation that caused by the miners.
that's so simple to understand.

In contrast, switching to PoS is too risky due to more coins will be spread out to more weak hands.
By saying 'weak hands', I meant small stakers who tend to dump their rewarded coins from staking process.
But, it is just a theory and common scenario.
Let's see what's happen with the specific case of Ethereum when it switch to PoS.

Technically speaking it gives an equal chance and opportunity for all to stake and get rewarded, before switching to PoS only miners can earn by mining eth, rest of people who don't have a clue or cannot mine will result to buy eth and still you get nothing for hodling in your wallet whatsoever,

Now the story is different, instead of having idle eth in your wallet, stake it and get rewarded, price will always be affected either way,
other coin/token without POS or POW still have their price affected, demand and supply will determine the price, bottom-line now is soon pos will be available to all and people can make decision to stake or not, i don't see the risk here.

That is the point. As if miners aren't really dumping it hard when the prices are growing up. I have any friends that are miners too and some of them have huge mining plants. They are regularly dumping some for their ROI and maintenance and other expenses.

POS is generally better. Also this is great for our environment.

[big_daddy]

so what to mine next after Eth go to POS? etc or

you have over a year until ETH will go POS, so, if you are still supporting ETH by mining you can continue to do it cause the next implementation is not POS, is Constantinople
https://www.reddit.com/r/ethereum/comments/abv70c/heres_a_summary_of_the_constantinople_update/

[boopy265420]

What we have seen in past POS leads to more centralization because to mint/stake tokens you need more and more tokens for bigger piece of pie. Many addresses don't even qualify for staking because of their weight which stays lighter than network. In case of Ethereum how these basic rules will change or what solutions will be introduced will remain to see. In market ETH looks in good mood to lead the market just like 2017.

[asdlolciterquit]

i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

can be, cause this is a 33% less reward for the mined block, but the elec cost remain the same, so, there will be a price spike, or lot of miners will choose other coins to mine
here the math is very simple 

mmm, you say something right. If the price will not rise after the fork, miners could switch to an other more profitable coins/token.
I don't remenber well, but the last halving of btc, did not bring a rise of the price..

[big_daddy]

i think that the big "unknown" of this hard fork will be the reduction of block reward from 3 to 2.
Right now, a miner who find a block, knows that he will have 3*x, where x right now is 150$, after 01/16, he will have 2*x.

Is it a reason to make value of x higher?

can be, cause this is a 33% less reward for the mined block, but the elec cost remain the same, so, there will be a price spike, or lot of miners will choose other coins to mine
here the math is very simple 

mmm, you say something right. If the price will not rise after the fork, miners could switch to an other more profitable coins/token.
I don't remenber well, but the last halving of btc, did not bring a rise of the price..

it does :-) of course it does, the last BTC halving was implemented summer 2016. and BTC was sitting on ~650$, a year later was sitting on ~2.500 $ it's a spike of ~280%
so, my logic drives me thinking that ETH can do a significant run in the next year, before the final POS implementation

[Bazzzil86]

HEY GUYS
THERE IS 3 FORKS IN JANUARY??

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Ethereum+%28ETH%29&SortBy=0

or 1 or 2?
Which is not real or scam? tell me please correct info i will add it to CALENDAR