[ANN] Ethereum: Welcome to the Beginning

[sp_]

Traders Bet on Ether Staking After Ethereum 2.0 Upgrade

30billion usd has already been locked in the staking pool, but nobody know the price of Ethereum after the hardfork. A crash in the price could in a worst case scenario give a 90% loss of the initial investment... The staking reward is payed in Ethereum and not in fiat.

[zasad@]

Traders Bet on Ether Staking After Ethereum 2.0 Upgrade

30billion usd has already been locked in the staking pool, but nobody know the price of Ethereum after the hardfork. A crash in the price could in a worst case scenario give a 90% loss of the initial investment... The staking reward is payed in Ethereum and not in fiat.

Ethereum is a serious fundamental asset, and I do not think that its price will drop by 90% of ATH.
For example, this is how the price of its competitors falls
https://www.coingecko.com/en/coins/internet-computer
For long-term investments, ethereum is a very promising asset due to lower inflation after the launch of Ethereum 2.0

[hd49728]

Ethereum is a serious fundamental asset, and I do not think that its price will drop by 90% of ATH.

Price of Ethereum might fall 90% from its all time high in a bull market. It is probabaly where price will bottom out from all time high. Question is where is the all time high for Ethereum in this bull run? If people think the orice above 4k is all time high for this bull run, they can wait for 80% or 90% discount and enter for a next long term investment.

If they don't believe it, why do they not enter now?

Honestly, Ethereum is a few cryptoccurrencies that I don't believe long term investment with them will cause loses.

For example, this is how the price of its competitors falls
https://www.coingecko.com/en/coins/internet-computer
For long-term investments, ethereum is a very promising asset due to lower inflation after the launch of Ethereum 2.0

Newer, younger altcoins will need 4 to 8 years to have a solid position in crypto market. BNB has gone through the first toughest testing period, others should finish it too.

Else, there is no strange to see altcoins with less than 4 years old have very highly volatile price.

[sp_]

ETC total network hashrate is 22T and ETH 1.06P , so ETH is much more secure. That could be one of reasons.
ETC was attacked with 51% more than once. It is like bank with low security vs bank with highest possible security.

But after ETH moves to to 2.0 in a risky move, (kiln fork)

The ETC total network hashrate will skyrocket and Ethereum will be the new low security bank.

Ethereum Classic is up 84% in 1 week now.. Easy money...

[zasad@]

Ethereum is a serious fundamental asset, and I do not think that its price will drop by 90% of ATH.

Price of Ethereum might fall 90% from its all time high in a bull market. It is probabaly where price will bottom out from all time high. Question is where is the all time high for Ethereum in this bull run? If people think the orice above 4k is all time high for this bull run, they can wait for 80% or 90% discount and enter for a next long term investment.

If they don't believe it, why do they not enter now?

Honestly, Ethereum is a few cryptoccurrencies that I don't believe long term investment with them will cause loses.

For example, this is how the price of its competitors falls
https://www.coingecko.com/en/coins/internet-computer
For long-term investments, ethereum is a very promising asset due to lower inflation after the launch of Ethereum 2.0

Newer, younger altcoins will need 4 to 8 years to have a solid position in crypto market. BNB has gone through the first toughest testing period, others should finish it too.

Else, there is no strange to see altcoins with less than 4 years old have very highly volatile price.

Now it is not clear which market, bulls or bears. I think that the bear market is now, because a lot of inexperienced investors bought Ethereum for more than $ 4,000 and manipulators need to force hamsters to sell their coins cheaply.  If the price of Ethereum goes up, then I don't understand who will pay for it?
I am trying to understand various scenarios, but I am more confident that manipulators will not allow new investors to sell their coins at a profit.

[JollyGood]

Has anybody ever really predicted which way the market will sway in 'x' month from now? The situation with the Ethereum price is not bad at all because as of writing it trades at over $3115 each. It is not at the $4891 all time high but it could have been a lot worse too. Those who might have purchased at $4000 will have very little impact influencing the price because they cannot be counted as whales and at the same time those you refer to as manipulators will also not be able to do anything to influence decisions by newbies to buy or sell.

I just do not accept the theory about influencers applies to Ethereum. In the past we have seen Bitcoin whales move funds from wallet to wallet or to cash some in which has impacted the market but I cannot recall of a single incident that has done the same for Ethereum. In my opinion, if the price of Ethereum goes up then the market will not be affected if newbies cash in because the ratio of newbie investors to serial investors is too small.

Now it is not clear which market, bulls or bears. I think that the bear market is now, because a lot of inexperienced investors bought Ethereum for more than $ 4,000 and manipulators need to force hamsters to sell their coins cheaply.  If the price of Ethereum goes up, then I don't understand who will pay for it?
I am trying to understand various scenarios, but I am more confident that manipulators will not allow new investors to sell their coins at a profit.

[sp_]

I just do not accept the theory about influencers applies to Ethereum.

Vitalik Buterin is born in russia and a friend of Putin.
With the sactions inplace it's only possible to apply sanctions after ethereum 2.0 is inplace. After 2.0 ethereum will jist be another Tether.. A currency that can tracked and deleted by Trump or Putin..

[JollyGood]

I just do not accept the theory about influencers applies to Ethereum.

Vitalik Buterin is born in russia and a friend of Putin.

Do you have any evidence? What exactly makes you so sure he is a friend of Putin?

With the sactions inplace it's only possible to apply sanctions after ethereum 2.0 is inplace.

What does this statement actually mean?

After 2.0 ethereum will jist be another Tether.. A currency that can tracked and deleted by Trump or Putin..

I think that is somewhat exaggerated but this is a matter of choice. If Ethereum or any other crypto evolves with consensus over a period of years then those that disagree with the path can fork to make their own chain it is that simple.

[zasad@]

sp_- troll king. LOL!

__
But I would advise reading the biography of Vitalik Buterin

[sp_]

Do you have any evidence? What exactly makes you so sure he is a friend of Putin?

You can google Buterin and Putin and see that they have met a few times.

With the sactions inplace it's only possible to apply sanctions after ethereum 2.0 is inplace.

What does this statement actually mean?

Ethereum 2.0 will be protected by 1% of the supply. 1% of the money in the network will decide which transactions are valid or not. If angry miners go together and form a malicious staking pool with 1.5% of the network, they can block all the transactions or force the network to mutate. If a government agency does something similar, it's easy to create a killswitch of the network. This could happen if it is proven that North Korea, Iran or Russia use cryptocurrency to avoid sanctions.

Ethereum blockchain 1.0 is the safest bank in the world, and ethereum 2.0 is the opposite. Especially iun the few first months after the merge.

[JollyGood]

Keane (Manchester United) and Vieira (Arsenal) met more than a few times during their times on the pitch but they were not friends. Just meeting a few times between individuals or parties does not constitute friendship. Apply the same rule to entrepreneurs and politicians then you are stepping in to too many examples....

Do you have any evidence? What exactly makes you so sure he is a friend of Putin?

You can google Buterin and Putin and see that they have met a few times.

With the sactions inplace it's only possible to apply sanctions after ethereum 2.0 is inplace.

What does this statement actually mean?

Ethereum 2.0 will be protected by 1% of the supply. 1% of the money in the network will decide which transactions are valid or not. If angry miners go together and form a malicious staking pool with 1.5% of the network, they can block all the transactions or force the network to mutate. If a government agency does something similar, it's easy to create a killswitch of the network. This could happen if it is proven that North Korea, Iran or Russia use cryptocurrency to avoid sanctions.

Ethereum blockchain 1.0 is the safest bank in the world, and ethereum 2.0 is the opposite. Especially iun the few first months after the merge.

[WastedLTC]

Ethereum 2.0 will be protected by 1% of the supply. 1% of the money in the network will decide which transactions are valid or not. If angry miners go together and form a malicious staking pool with 1.5% of the network, they can block all the transactions or force the network to mutate. If a government agency does something similar, it's easy to create a killswitch of the network. This could happen if it is proven that North Korea, Iran or Russia use cryptocurrency to avoid sanctions.

Ethereum blockchain 1.0 is the safest bank in the world, and ethereum 2.0 is the opposite. Especially iun the few first months after the merge.

10% of ETH is already staked and that # will continue to grow.  Your statements are rediculous.

[sp_]

10% of ETH is already staked and that # will continue to grow.  Your statements are rediculous.

But the stakeholders payed less than 1% of the value today, and once the switch is performed, most of the stakeholders are leaving the party.

The early birds.

[CookieFactory]

I just do not accept the theory about influencers applies to Ethereum.

Vitalik Buterin is born in russia and a friend of Putin.
With the sactions inplace it's only possible to apply sanctions after ethereum 2.0 is inplace. After 2.0 ethereum will jist be another Tether.. A currency that can tracked and deleted by Trump or Putin..

Just lol.

[WastedLTC]

10% of ETH is already staked and that # will continue to grow.  Your statements are rediculous.

But the stakeholders payed less than 1% of the value today, and once the switch is performed, most of the stakeholders are leaving the party.

The early birds.

Garbage...    To say the ones that staked (which locked up the coins indefinitely) are going to be the ones dumping is just as retarded as your original claims.     

Moving on...

[zasad@]

https://blogs.opera.com/crypto/2022/01/opera-crypto-browser-project-web3/
Google Searches for ‘Ethereum Merge’ Have Hit an All-Time High
Canadians, Australians, and Singaporeans were the most curious to know about Ethereum’s imminent upgrade.

https://decrypt.co/95574/nearly-6-billion-eth-burned-ethereum-2-0-edges-closer
Nearly $6 Billion in ETH Burned as Ethereum 2.0 Edges Closer
The second-largest cryptocurrency, Ethereum, has officially destroyed more than 2 million ETH via a burn mechanism introduced last year.

https://thedailygwei.substack.com/p/evenly-distributed-the-daily-gwei?
Anthony Sassano(C)
"I could write a lot more about this topic but I’ll digress for today’s piece - hopefully I’ve been able to get you all thinking a bit more about layer 1 token distributions - especially around PoS-first networks. Obviously ETH’s distribution is far from perfect, but I think it is much, much better than other networks that start off as PoS from day 1 and basically become a perpetual insiders game - we’re very lucky to have had such a long PoW phase for Ethereum."

[JollyGood]

In my opinion the only reason why he would post about those things is because he really does believe it. He is obviously misguided but one of the things about those that start believing conspiracy theories is that they are unaware they have been influenced.

Vitalik Buterin is born in russia and a friend of Putin.
With the sactions inplace it's only possible to apply sanctions after ethereum 2.0 is inplace. After 2.0 ethereum will jist be another Tether.. A currency that can tracked and deleted by Trump or Putin..

Just lol.

[zasad@]

Introducing Polygon ID, Zero-Knowledge Identity for Web3
https://blog.polygon.technology/introducing-polygon-id-zero-knowledge-own-your-identity-for-web3/

"dAccess-as-a-Service
An environment where existing solutions can be deployed and new ones created
KYC, KYB, attestation
A distribution channel with a variety of options to leverage emerging crypto system"

I'm really worried about this shit in decentralized ecosystems.

[safar1980]

The first validators made good money on POS mining. Reward 3.5 Ethereum. Then they will receive even more rewards from commissions from transactions.
The more active validators, the more pending validators are added to POS mining.
https://beaconscan.com/

[piebeyb]

Somehow today I still see a lot of stupid people who use ETH but don't understand how to use smaller GAS for cheaper transactions, people are in too much of a hurry to use higher GAS fees to get fast confirmation on their transactions and burn their money, till now i still find those people on ethereum and willing to throw and burn their money for stupid transactions, i see transactions only done by rich people nowadays on ethereum network, i hope ETH 2.0 can help that even i see BNB with fixed gas costs 5 gwei cheaper
https://etherscan.io/gastracker