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Author Topic: PoS vs PoW later this year  (Read 449 times)
Gayong88 (OP)
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June 11, 2022, 06:18:11 AM
 #1

Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?

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June 11, 2022, 02:05:04 PM
 #2

Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?

Let's do the math
Lowest price now is $1700 highest $4800 (approx)
Eth 2.0 will kill off 90% of its coin generation (triple halving).
A halving should in theory double the price.
A triple halving is 8x the current price.

So anywhere from $13600 to $38400 per ETH is a sane estimate.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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June 11, 2022, 03:37:16 PM
 #3

Ethereum is going down even harder than before. It seems like mostly of people are starting to distrust this token. Please watch it again. moving to the POS didn't mean if that would be good for ethereum. There are so many speculations if the price will be coming back again to the 3 digits. It's too early to say that ethereum may be doubled after pos will be fully completed. It may go down to the 1k rate soon. Ethereum just still remain hybrid rather than fully moving to the POS

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June 11, 2022, 03:42:54 PM
 #4

Ethereum is going down even harder than before. It seems like mostly of people are starting to distrust this token. Please watch it again. moving to the POS didn't mean if that would be good for ethereum. There are so many speculations if the price will be coming back again to the 3 digits. It's too early to say that ethereum may be doubled after pos will be fully completed. It may go down to the 1k rate soon. Ethereum just still remain hybrid rather than fully moving to the POS

People are scared of change. It will go up once the merge is done.
The merge could fail and then you will be right but if it succeeds...

ETH 2.0 is going to have less tokens and more utility which in my books is profit.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
Gayong88 (OP)
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June 11, 2022, 04:18:18 PM
 #5

Ethereum is going down even harder than before. It seems like mostly of people are starting to distrust this token. Please watch it again. moving to the POS didn't mean if that would be good for ethereum. There are so many speculations if the price will be coming back again to the 3 digits. It's too early to say that ethereum may be doubled after pos will be fully completed. It may go down to the 1k rate soon. Ethereum just still remain hybrid rather than fully moving to the POS

ETH 2.0 is going to have less tokens and more utility which in my books is profit.

1. Ethereum Ropsten testnet has been successful.
2. Next is Sepolia Testnet.
3. Continue to Goerli Testnet.

What happens next for Ethereum Bullish or will it keep crashing down??

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Wilhelm
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June 11, 2022, 07:46:40 PM
 #6

Ethereum is going down even harder than before. It seems like mostly of people are starting to distrust this token. Please watch it again. moving to the POS didn't mean if that would be good for ethereum. There are so many speculations if the price will be coming back again to the 3 digits. It's too early to say that ethereum may be doubled after pos will be fully completed. It may go down to the 1k rate soon. Ethereum just still remain hybrid rather than fully moving to the POS

ETH 2.0 is going to have less tokens and more utility which in my books is profit.

1. Ethereum Ropsten testnet has been successful.
2. Next is Sepolia Testnet.
3. Continue to Goerli Testnet.

What happens next for Ethereum Bullish or will it keep crashing down??

I think it's bullish unless the merge fails. But I have great faith in the devs...

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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June 11, 2022, 08:24:00 PM
 #7

After what happened with Luna, everyone should understand that Proof of Stake is a dangerous model.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.

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June 11, 2022, 09:42:57 PM
 #8

I highly doubt the merger will happen this year, how many times have the release dates been postponed already. If we talk about price, I expect ETH price to grow in the long term, even with PoS transition. At the moment, a lot of ETH coins are leaving exchange wallets. Investors prefer to keep ETH in cold wallets, though one can still assume that it goes to preparation for ETH staking.

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Wilhelm
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June 12, 2022, 04:26:16 AM
 #9

After what happened with Luna, everyone should understand that Proof of Stake is a dangerous model.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.

What happened with Luna is what happens if you are backed by nothing and have a less than 1-to-1 collateral.
Aka floating coins.

Also giving off way too high profits basically making it a Bernie Madoff style investment. They got tested and failed.

So please don't say PoS is the problem. It was the shit idea and shit fundamentals behind it that failed.
This is the difference between altcoins and shitcoins

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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June 12, 2022, 03:48:02 PM
 #10

PoS definitely going to cut the GPU middle man in the PoW of ETH and help to increase its price. The reason behind it is very simple to understand. Miners of PoW have to pay for electricity as well as to cash out their ETH just got it to fiat to cover the ROI cost. Result of it, ETH couldn't have a high price since PoW miners of ETH always want to sell the coin. Enough fiat after ROI turns to reinvest in the new GPU rigs, net profit right away for GPU manufacturers and resellers, scalpers but the risk push to the miners. And then the process starts again.

With PoS, the GPU middle man won't have a pie in this new network. Now you can mine ETH directly with your own ETH -> the money stay in ETH! Less risk for the PoS miners, less chance of them doing the cut loss while under the stress of having to cover ROI. ETH more likely becomes a long-term investment for everyone, both holders/miners in this case. This is why people speculated that with the PoS, ETH's price more easily goes up, better buying it now when PoS testnet wasn't merged with mainnet yet.
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June 12, 2022, 05:09:25 PM
 #11

Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
to be honest i just heard about the change from POW to POS, and it is my favorite altcoin, yup Ethereum,
POS is indeed a good algorithm, because it doesn't consume electricity like in POW, so many people say PoS is better than POW,
but I I think this will make Ethereum even more unattractive, as many miners will switch to mineable altcoins
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June 12, 2022, 06:02:55 PM
 #12

too many variables, miners will find it less attractive to deal with eth, so you'll lose the miners market.
transaction fees will still be high after the merge, making ethereum less attractive.
PoS will make price predictions more difficult because a large portion of ethereum will be locked away for staking rewards.
fears the upgrade might have some bugs.
fears the merge will be delayed.
good luck catching the top or bottom with all these factors
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June 12, 2022, 08:29:30 PM
 #13

POS is indeed a good algorithm, because it doesn't consume electricity like in POW, so many people say PoS is better than POW,
Because sacrificing the network' security for a less power consuming POS is genius? Wow

Ethereum is going down even harder than before. It seems like mostly of people are starting to distrust this token.
Or it's just the bear market being the way it has always been.

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June 12, 2022, 11:40:11 PM
 #14

The first thing that I've thought of is the supply of GPUs, there will be more again in the market and supply will be flocking again so that means a lower price for GPUs and I can buy a new one, hehe.  Grin
Talking about the possible price of Ethereum, it's only one way up and there would be some scenarios like what we're experiencing right now and it's a normal thing. Eventually, if the transition is a success, we'll not see the impact of it as soon as possible. Just like halving for its effect, we'll see that after several months.

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June 12, 2022, 11:44:58 PM
 #15

Nothing happened. Just because ethereum doing merged and it doesn't mean if ethereum will be pumped so high. That's quite different when we are talking about the hype. We are still in the bearish market. POS was not good at all. This is making the network become unstable. ethereum is so good with the POW and why do the developers need to change it into the POW? that's making the blockchain became unstable network and this is bad for all of people who actively used ethereum.

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June 12, 2022, 11:49:23 PM
 #16

The first thing that I've thought of is the supply of GPUs, there will be more again in the market and supply will be flocking again so that means a lower price for GPUs and I can buy a new one, hehe.  Grin
Talking about the possible price of Ethereum, it's only one way up and there would be some scenarios like what we're experiencing right now and it's a normal thing. Eventually, if the transition is a success, we'll not see the impact of it as soon as possible. Just like halving for its effect, we'll see that after several months.

My take on eth price in the future is, they will further increase its value in the market as it is not developed by scam artists. PoS or PoW, it doesn't matter to me. As long as the eth dev team is continuously innovating their network, they can do whatever is necessary to catch the changing requirements of the community. I have high regards on eth dev team, so I believe, they won't fail their supporters. We may not see the steep climb but that's fine, as long as they are developing a significant improvement in their network, the increase of value will come later.
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June 12, 2022, 11:56:44 PM
 #17

Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?

I don't it will have any affect on the price of eth.  It shoukd one already be priced in.  And second market forces will weigh more heavy on the price than a change from PoW to PoS
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June 13, 2022, 02:55:18 AM
 #18

The first thing that I've thought of is the supply of GPUs, there will be more again in the market and supply will be flocking again so that means a lower price for GPUs and I can buy a new one, hehe.  Grin
Talking about the possible price of Ethereum, it's only one way up and there would be some scenarios like what we're experiencing right now and it's a normal thing. Eventually, if the transition is a success, we'll not see the impact of it as soon as possible. Just like halving for its effect, we'll see that after several months.

My take on eth price in the future is, they will further increase its value in the market as it is not developed by scam artists. PoS or PoW, it doesn't matter to me. As long as the eth dev team is continuously innovating their network, they can do whatever is necessary to catch the changing requirements of the community. I have high regards on eth dev team, so I believe, they won't fail their supporters. We may not see the steep climb but that's fine, as long as they are developing a significant improvement in their network, the increase of value will come later.
Well, making it on PoS, we'll see if it's going to be a success on its development. But I'm sure that being at the top of the market makes it stronger and will have its great run as it leaves PoW. I have trust on the development team of Ethereum. Vitalik is no longer a billionaire and I guess that he's going to do everything they can to push up the value of his holdings which is mostly in Ethereum. Right now, as what we can see on its continuous drop. This is a great opportunity that we can take heed before it recovers. ETH is just one of it so settle all the technicalities and get some on your position.

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adaseb
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June 13, 2022, 03:59:34 AM
 #19

ETH is below its 2017 ATM. And all this due to the stETH depeg. If this was a bull market it wouldn’t of been a big deal but on a weekend when liquidity is low it’s crazy how fast it has fallen.

If the stocks have a bad week, you can see it fall closer to the $1000 area. Most likely won’t be the bottom. Too much bearish news out lately and I wonder when we will get some relief. The CPI numbers certainly made things much much worse.
Erdogan
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June 13, 2022, 04:39:07 AM
 #20

Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?

At the moment, the price of Ethereum is $1380 and it is likely to drop even more. However, this has nothing to do with the fork, it's just that the entire cryptocurrency market is in a bearish market.
Everything indicates that the trend is towards PoS. However, whether the change from PoW to PoS will have a positive impact on the Ethereum price depends mainly on whether the transaction fee price drops. If the amount of the fee remains unchanged, I do not think the fork will have any impact on the Ethereum price.
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