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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2005848 times)
Farahtenan
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March 02, 2019, 03:12:05 AM
 #22461

Not unlikely to see the $88 again ... at least not in the W-chart.
I wouldnt be suprised if we see a rise to $200 followed by a major drop again.
LOL, it will never happen again.
Ethereum is the second largest digital asset, and it will mature more over next few months and years.
There is no reason to see the ETH dive to $88.
In contrast, it is hard to say that ETH will set up its new all time high, because to hit that new all time high requires massive flow of capital.
Of course, it is the story of future, long future.
For now, let's enjoy the growth of Ethereum in medium run.

I don't want Eth to drop to $ 88, it really hurts.
Eth is still good and valuable even though it's still at the level of $ 136 and this will continue to grow to medium.
Growth that might look stable and will require a lot of support so supporting Eth is one of the things we have to do for the future of our assets and Eth.
studio1one
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March 02, 2019, 04:06:53 AM
 #22462

So was the hard fork Constantinople successful? There is no new announcement about it but we already passed the designated block.

You can't have successful hard fork with 2TB blockchain.


You got to be kidding me did the size of Ethereum blockchain data increase to more than 2TB after the fork?

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YuryK.
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March 02, 2019, 04:57:19 AM
 #22463

Any news about the official day when Ethereum will entirely stop PoW phase and switch its network to PoS phase?
Constantinople upgrade was successfully, so it is time to enjoy the success and wait for coming PoS on Ethereum network later months.
No such news. Before ethereum switches to POS, there should be another update. Even the release date of this update is not accurate
laguseklik
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March 02, 2019, 05:02:46 AM
 #22464

https://bitinfocharts.com/comparison/ethereum-difficulty.html
https://etherscan.io/chart/difficulty

well, I think some people turn off their mining rig or moved to other cryptos since the hardfork  Huh Huh

even the hashrate didn't drop to much https://etherscan.io/chart/hashrate

Oops, there is no signature...
btcyoda
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March 02, 2019, 05:47:59 AM
 #22465

Not unlikely to see the $88 again ... at least not in the W-chart.
I wouldnt be suprised if we see a rise to $200 followed by a major drop again.

Anything can happen we are just viewers about the market movements, anything can happen in a short period of time. Now people are expecting the price of ETH will surely cross the value of 200$ in the market. Before that, the price of Bitcoin should also increase.
tranthidung
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March 02, 2019, 06:18:21 AM
 #22466

Crypto winter nearly finished its melt-down process.
The market has warmed up dramatically recent weeks.
Anything can happen we are just viewers about the market movements, anything can happen in a short period of time. Now people are expecting the price of ETH will surely cross the value of 200$ in the market. Before that, the price of Bitcoin should also increase.
For Ethereum, I don't know how high it can reach, and I don't think we should make such over-optimistic prediction.
Stay clam, and take profits for each part of journey is better, because we can reduce risks that way.

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adaseb
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March 02, 2019, 07:52:16 AM
 #22467

https://bitinfocharts.com/comparison/ethereum-difficulty.html
https://etherscan.io/chart/difficulty

well, I think some people turn off their mining rig or moved to other cryptos since the hardfork  Huh Huh

even the hashrate didn't drop to much https://etherscan.io/chart/hashrate

The reason why the difficulty dropped but the hashrate stayed constant is due to the ice age being delayed and the block times returning to 14 seconds.

The ice age basically keeps increasing the difficulty even with constant hashrate to keep the block time delayed. This was removed from the new fork and hence the reason for the steep drop. Its normal.
omnik
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March 02, 2019, 08:00:11 AM
 #22468

'Ethereum Constantinople thread': Is that serious? Someone just created a thread for this! Is it official or did someone independently create this? ETH already be called PoS?

Ooopsss, sorry double post. Will just delete.

Nope, PoS related upgrade will be Serenity as far as I remember, anyone feel free to prove me wrong if I don't recall correctly  Wink . Constatinople was for less blocks' reward and more smart contracts' security
Constantinople is a part of a serenity upgrade in the future, it has started by decreasing the block reward of ethereum and that last decrase will give miners 0.5 eth for each block reward. This system will become hybrid system
Zontop
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March 02, 2019, 09:19:31 AM
 #22469

As far as I understand this constantinpole upgrade this will switch POS over the time from POW for maximum safety and stability of network. Once POS is fully activated and becomes main protocol then in few months we will be able to see impacts on all these changes as whole. That impact will be on security,price and stability but has to wait for that yet.
bitcoin_age
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March 02, 2019, 10:11:28 AM
 #22470

Ethereum infact has a excellent roadmap for the future.. i could certainly see eth rising above 200 in near term
lobat999
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March 02, 2019, 10:34:51 AM
 #22471

Crypto winter nearly finished its melt-down process.
The market has warmed up dramatically recent weeks.
Anything can happen we are just viewers about the market movements, anything can happen in a short period of time. Now people are expecting the price of ETH will surely cross the value of 200$ in the market. Before that, the price of Bitcoin should also increase.
For Ethereum, I don't know how high it can reach, and I don't think we should make such over-optimistic prediction.
Stay clam, and take profits for each part of journey is better, because we can reduce risks that way.

If I'm not mistaken, recent updates in the Ethereum Network could trigger a breakout of ETH price to the $150 level anytime soon and I do think it will be even more than that if the upgrade to reduce block rewards will be implemented.
bitcoin_age
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March 02, 2019, 10:53:37 AM
 #22472

Crypto winter nearly finished its melt-down process.
The market has warmed up dramatically recent weeks.
Anything can happen we are just viewers about the market movements, anything can happen in a short period of time. Now people are expecting the price of ETH will surely cross the value of 200$ in the market. Before that, the price of Bitcoin should also increase.
For Ethereum, I don't know how high it can reach, and I don't think we should make such over-optimistic prediction.
Stay clam, and take profits for each part of journey is better, because we can reduce risks that way.

If I'm not mistaken, recent updates in the Ethereum Network could trigger a breakout of ETH price to the $150 level anytime soon and I do think it will be even more than that if the upgrade to reduce block rewards will be implemented.
Eth proof of stake will be very valuable since many hold ETH but they dont mine it.. with staking ability you will be able to receive stake for the ETH you hold.. it would be amazing.
magisterr
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March 02, 2019, 11:03:08 AM
 #22473

Last time devs reduced rewards from 5 to 3 ETH per block in the end of October 2017 and after this was a massive price up. Now rewards reduced from 3 to 2 ETH per block. Seems we will see new huge price movement  Roll Eyes
todamars2018
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March 02, 2019, 12:43:32 PM
 #22474

wassup with POS and ETH?

vitalik made any ANN yet?
becoin
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March 02, 2019, 12:45:43 PM
Last edit: March 02, 2019, 12:58:32 PM by becoin
 #22475

Last time devs reduced rewards from 5 to 3 ETH per block in the end of October 2017 and after this was a massive price up. Now rewards reduced from 3 to 2 ETH per block. Seems we will see new huge price movement  Roll Eyes

So... ETH devs = ETH Central Bank

When shall we expect the next decision on direction for ETH interest rate? Or, is this a one way street? Is ETH zero interest rate policy already a done deal? And when that is a fact we'll call this transition from pow to pos? How is that different to what Fed is doing?

ivomm
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March 02, 2019, 02:13:40 PM
Last edit: March 02, 2019, 02:40:46 PM by ivomm
 #22476

Last time devs reduced rewards from 5 to 3 ETH per block in the end of October 2017 and after this was a massive price up. Now rewards reduced from 3 to 2 ETH per block. Seems we will see new huge price movement  Roll Eyes

So... ETH devs = ETH Central Bank

When shall we expect the next decision on direction for ETH interest rate? Or, is this a one way street? Is ETH zero interest rate policy already a done deal? And when that is a fact we'll call this transition from pow to pos? How is that different to what Fed is doing?



Well, not exactly. Nov 2017 and Feb 2019 forks reduced the block reward, but they also reduced the time for the block. This is because they postponed the difficulty bomb with 12 months. Calculations show that miners will have even more ETH for the same hardware and for the same amount of time. The reward decrease will be felt at the end of the 12 months, not in the next 6-8 months at least. For the days after the fork my rigs get 20% more ETH than before the fork. Some inexperienced miners may wonder why is that  Wink. I see that the Nethash was 118 Th/s yesterday and 147 Th/s today. These miners saw that the profit is not gone, on the contrary, and switched back their rigs on. Anyway, don't expect this block reward decrease to cause price going up. Everything depends on Bitcoin. If Bitcoin is good, ETH will continue to rise. If the bear market continues (I hope not) then ETH will suffer as before.
henke1
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March 02, 2019, 02:30:20 PM
Last edit: March 02, 2019, 02:47:00 PM by henke1
 #22477

max. supply of ether is now 105,061,446.3125 , but according this article , is there going to be a max. supply 'forever'  ?  Roll Eyes

encycrypto
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March 02, 2019, 03:03:05 PM
 #22478

max. supply of ether is now 105,061,446.3125 , but according this article , is there going to be a max. supply 'forever'  ?  Roll Eyes

This is starting to get serious, the supply is now close to what Vitalik proposed as "maximum" months back. Hodlers will lose confidence in ETH, if the maximum supply is now decided and coded.
henke1
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March 02, 2019, 03:20:59 PM
 #22479

max. supply of ether is now 105,061,446.3125 , but according this article , is there going to be a max. supply 'forever'  ?  Roll Eyes

This is starting to get serious, the supply is now close to what Vitalik proposed as "maximum" months back. Hodlers will lose confidence in ETH, if the maximum supply is now decided and coded.
On the contrary ... i think, when there is a 'defined' max. supply, like on bitcoin, then it is more 'attractive'(especially) to hodlers ->
Adopting a maximum supply of ether coins would undoubtedly render Ethereum more attractive to investors.
Noruka
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March 02, 2019, 03:58:29 PM
 #22480

'Ethereum Constantinople thread': Is that serious? Someone just created a thread for this! Is it official or did someone independently create this? ETH already be called PoS?

Ooopsss, sorry double post. Will just delete.

Nope, PoS related upgrade will be Serenity as far as I remember, anyone feel free to prove me wrong if I don't recall correctly  Wink . Constatinople was for less blocks' reward and more smart contracts' security

If I understood their road map correctly I think that POS won't come before 2020 or so? Or even 2021?
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