This can make alts loses more value than ever

[MidNite36]

Altcoins will lose more value if Ethereum goes down damn Bitcoin, I am saying this with the anxiety of ETH losing it's value after PoS is live, I know there are so many who want to stake ETH and earn but without PoW I still doubt that ETH can do good.

[1714824826]

1714824826

[sunsilk]

Altcoins will lose more value if Ethereum goes down damn Bitcoin, I am saying this with the anxiety of ETH losing it's value after PoS is live, I know there are so many who want to stake ETH and earn but without PoW I still doubt that ETH can do good.

We will get to see that happen.

The two kings of the market are plunging and that truly affected the market as a whole. I think we're now getting to the point that many alts will be eliminated.

And those that are strong will remain to be the best and eventually many of those that have good market cap will lose volume despite that. Which will be making them harder to trade and majority of the investors shall remain to bitcoin, ethereum and other top and good altcoins.

[danherbias07]

What are you anxious about? Ethereum or the altcoins that you HODL?
Because as you can see most altcoins now are in red mark, it's not just Bitcoin and Ethereum that was hit by the dump session and you cannot blame it all on them. Blame it on the investors, the whales, the manipulators, or wherever you want to point it but not at the two top coins which are just moving according to what the market tells.
About the future of Ethereum, we don't know that yet.

[MAAManda]

Altcoins will lose more value if Ethereum goes down damn Bitcoin, I am saying this with the anxiety of ETH losing it's value after PoS is live, I know there are so many who want to stake ETH and earn but without PoW I still doubt that ETH can do good.

Hmmm..., i agree with you, PoS looks like it will have a bad impact on prices even though the Ethereum network will improve.

In the future we can only hope that crypto adoption will be more widespread and also hopefully more people will become aware of this crypto, if adoption increases, the MC in the market will also increase.

[mindrust]

Why are you aftaid? If eth goes down you get to buy more. If it goes up you make profits against FIAT. It is a win win strategy. You simply can’t lose by holding eth. Would you be mad if eth was at $10 tomorrow? If yes, then you shouldn’t be holding eth. $10 eth is like a dream came true for me. I would buy the whole fucking thing.

[Tytanowy Janusz]

The two kings of the market are plunging and that truly affected the market as a whole.

Nasdaq is down 30%. DAX is down 20%, Gold is down 10%, SSE is down 20%, Tesla is down 40%, Facebook is down 50%, netflix is down 70%. BTC is down 55%. Its not like two kings are going down so as altcoins do. Its like everything is dumping because whole word is scared of recession made by inflation and possible WWIII just starting. Bitcoin was made just after GFC. It did not see a real crisis yet. If we are about to see real crisis for next 5-10 years crypto will dump really hard. Most of alts will die. But if FED will decide to turn printers back on on full speed to "help" fighting recession ... fiats are not a safe either. In fact nothing is.

[Xal0lex]

There's a lot of controversy about this and it's impossible to say unequivocally how the price of ETH will behave after the transition to PoS. It will be as the community and investors will decide. But there is also a common opinion, that the transition to PoS won't happen for a long time, it will be a long story. Also, we can't rule out a split in the community and the formation of a hardfork, where there will be PoW ETH and PoS ETH. There is a huge investment in ETH mining and it will not end that easily.

[DoublerHunter]

Altcoins will lose more value if Ethereum goes down damn Bitcoin, I am saying this with the anxiety of ETH losing it's value after PoS is live, I know there are so many who want to stake ETH and earn but without PoW I still doubt that ETH can do good.

^ It always varies on the BTC price and there is nothing more. If BTC will drop, for sure other altcoins will follow and most likely we noticed it in the market.
ETH has gained huge community support and I don't think there is no one who will easily break it that cause dropping in the price. No one will leave ETH it has a good foundation now and supported the community, only the community will decide which they preferred.

[X-ray]

Ethereum will be less decentralized and im only this as the bad thing from the pos. Is not it when people are staking their coins and the total supply in the circulation will be reduced so hard? I think that it's too early to think about that. We will see that the burn mechanism will be combined with the staking. I think that you are too early to take a conclusion that. You shall wait until the full implementation. I know people are feeling skeptical with it but let's wait for the further update

[btc_angela]

Altcoins will lose more value if Ethereum goes down damn Bitcoin, I am saying this with the anxiety of ETH losing it's value after PoS is live, I know there are so many who want to stake ETH and earn but without PoW I still doubt that ETH can do good.

It's not like that, we are in a bear cycle, so all the price are going to be down, including BTC and ETH and it's going to be a lot of bleeding in the street.

If you are new here, then you haven't seen the bloodbath in 2018-2019 wherein ETH went down below $100. If my memory serves me right, its about $80k. So that is a huge dump from their last all time high of less than a $1k.

So the best thing to do is have a patience, learn how to deal with the bear market and buy when the price is on a dip because they are cheap.

[KaliLinux]

Why are you aftaid? If eth goes down you get to buy more. If it goes up you make profits against FIAT. It is a win win strategy. You simply can’t lose by holding eth. Would you be mad if eth was at $10 tomorrow? If yes, then you shouldn’t be holding eth. $10 eth is like a dream came true for me. I would buy the whole fucking thing.

If you have been Hodling ETH from the price of $3k to even $2k and the price drops down to $10 which was back in 2016-'17 price, of cause people would be worried even though we believe there is a chance of reversal but how long will that be, but, if you are just going to Invest, as you said, of cause I am all in cos there is a better chance of making big profits going forward regardless of the time.

[Maliceprime]

Believe me, once Ethereum is no more a PoW blockchain the word ' Decentralized ' is gone for good, in this case a new coin taking over Ethereum is possible, the only reason why whales will want Ethereum will be staking profits, nothing more or less.

[Kocret02]

Altcoins will lose more value if Ethereum goes down damn Bitcoin, I am saying this with the anxiety of ETH losing it's value after PoS is live, I know there are so many who want to stake ETH and earn but without PoW I still doubt that ETH can do good.

This season Ethereum, Bitcoin is experiencing a sharp decline, indicating that the market cycle is in the old correction, Altcoin is a representation of the coin, if they decrease, then Altcoin will automatically also decrease, now nothing can be done, so it remains patient Waiting for all recovery, because the guarantee for the future is very difficult to recover the market

[TastyChillySauce00]

You didn't feel good with the movement of ethereum from POW to the POS. I know that if some people are feeling so bad to see that ethereum will be less decentralized but waiting for next announcement. We didn't even know so well whether ethereum will be fully migrated or it will be hybrid blockchain. People are waiting to be able to stake their ethereum to the network. We can't deny that the demand for staking was very big.
You shall not feel worry. It will not happen and im sure about that.

[Ebede]

Altcoins will lose more value if Ethereum goes down damn Bitcoin, I am saying this with the anxiety of ETH losing it's value after PoS is live, I know there are so many who want to stake ETH and earn but without PoW I still doubt that ETH can do good.

Altcoins is not losing any value and altcoins is what cause cryptocurrency market competitive and the thing is that altcoins is coming out of different and the value is different from each other, people began to dislike altcoins and don't want to invest in them because of many of them do not progress in the market, but for altcoins to leave market is not going to happen because Ethereum is the chairman of altcoins and without Ethereum dies altcoins will not die

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[Rufsilf]

Ethereum will be less decentralized and im only this as the bad thing from the pos. Is not it when people are staking their coins and the total supply in the circulation will be reduced so hard? I think that it's too early to think about that. We will see that the burn mechanism will be combined with the staking. I think that you are too early to take a conclusion that. You shall wait until the full implementation. I know people are feeling skeptical with it but let's wait for the further update

Ethereum will move depending on Bitcoin as well, and so these altcoins. Looking to the extent of the bear season, it is to expect that the dumping of prices is what to see until the moment that it was over ( yet we never know when). Indeed, becoming patient is simply encouraging to all of us. It wasn't a weird feeling of being doubtful and worried but we need to control this emotion as this could be the reason for more dumps and our losses.

While people know how to hold, that absolutely helps the prices won't go like the 2018-2019 bear season.

[sunsilk]

The two kings of the market are plunging and that truly affected the market as a whole.

Nasdaq is down 30%. DAX is down 20%, Gold is down 10%, SSE is down 20%, Tesla is down 40%, Facebook is down 50%, netflix is down 70%. BTC is down 55%. Its not like two kings are going down so as altcoins do. Its like everything is dumping because whole word is scared of recession made by inflation and possible WWIII just starting. Bitcoin was made just after GFC. It did not see a real crisis yet. If we are about to see real crisis for next 5-10 years crypto will dump really hard. Most of alts will die. But if FED will decide to turn printers back on on full speed to "help" fighting recession ... fiats are not a safe either. In fact nothing is.

I've read the news that FED will do something in fighting this possible hard recession that's possible to come.

It's true that if they do something, this could be slowed down or at least mitigate and avoid happening or had less impact. Well, we're on the reality that all markets are hard hit because of this war that's happening between Russia and Ukraine.

The best solution is for them to have a truce and stop the war wholly and all the markets will react and most investors will have its confidence again.

[GreatArkansas]

Altcoins will lose more value if Ethereum goes down damn Bitcoin, I am saying this with the anxiety of ETH losing it's value after PoS is live, I know there are so many who want to stake ETH and earn but without PoW I still doubt that ETH can do good.

That's why also I rather buy Ethereum than buy other altcoins, with the market cap of Ethereum right now, it's really high and that's why the percentage of the move of the Bitcoin and Ethereum are almost the same. But when we talked about the percentage of the pumps here, some altcoins could do parabolic pumps but I believe it will not stay longer and not be healthy.

[MiF]

Altcoins will lose more value if Ethereum goes down damn Bitcoin, I am saying this with the anxiety of ETH losing it's value after PoS is live, I know there are so many who want to stake ETH and earn but without PoW I still doubt that ETH can do good.

It sounds like you are frustrated but your not the only one we are all see and feel the heat from the bloody market and it is really frustrating all investors, but always remember that no one will loss if they dont sell at loss, i think buying ethereum is a good strategy also because once btc recover ethereum will be the first altcoij yo recover also.

[zasad@]

There's a lot of controversy about this and it's impossible to say unequivocally how the price of ETH will behave after the transition to PoS. It will be as the community and investors will decide. But there is also a common opinion, that the transition to PoS won't happen for a long time, it will be a long story. Also, we can't rule out a split in the community and the formation of a hardfork, where there will be PoW ETH and PoS ETH. There is a huge investment in ETH mining and it will not end that easily.

We often find information that one of the world's major mining companies has bought a lot of ASICs for bitcoin mining. I have not seen such information about Ethereum. I agree with you that the merger could be next year, but the roadmap has already been approved.

[crwth]

So are you saying that PoW is the only reason it is doing good? You don't care about why PoS is the choice by the people instead of PoW?

There are reasons why that PoW is being replaced with PoS.

• Energy Consumption is getting high
• More efficient with transactions

It's still the users and validators of the ETH network who would determine what they will be going through with the network and whether having been in a PoW or PoS makes them effective or not; it will continue. It's going to be determined what will happen in the future if something happens. If there's a vulnerability or something, we can say that it would've been better or something. For now, having it be improved is already better. I think everyone agrees on that.

[Yamifoud]

OP, stop worrying about the thing that was unlikely to happen. People would rather to choice PoS over the PoW system but this never give a huge impact on the market besides, people will still choose ETH believing that it was a valuable asset. In fact, the future of ETH and these altcoins lies in the hand of the investors and also the value of the project in the community.

Of course, we could see dumps in prices because the entire market is in a bear situation. However, we don't make the reason for ETH transition from PoS to PoW because as per to see, this gives benefits to us. Yet, this wasn't known by many individuals.

[joeperry]

I am not really sure what will be the disadvantage of the ETH having a PoS in terms of price, may I ask why do you think that the price will go down because of the PoS? I am currently don't have any news about ETH after I experience the really expensive fee I mostly use BSC and Bitcoin in my transactions, I nearly forgot about the ETH project. I thought they have the PoS a long time ago?

[Kocret02]

I am not really sure what will be the disadvantage of the ETH having a PoS in terms of price, may I ask why do you think that the price will go down because of the PoS? I am currently don't have any news about ETH after I experience the really expensive fee I mostly use BSC and Bitcoin in my transactions, I nearly forgot about the ETH project. I thought they have the PoS a long time ago?

I also think so, almost no sources of losses from Ethereum caused by PoS are found, especially nowadays people rarely make transactions with ethereum, usually those who make transactions on ethereum are people who invest in large amounts, but there is no reason What I found was that PoS was the cause, or it could be because we rarely use it, so that information is not obtained