Eth 2.0 can be delayed to 2024...

[philipma1957]

I remember all the PoW miners fud with their talk about how when ETH comes close to the PoS merge, ETH price will drop, lol.

Miners certainly have a different "perspective" than investors. It's the investers that matter, we're just the unskilled labour
in the equation.

From an investment point of view the issue seems to be the reduced circulation caused by the POS lockup. Comparing it to the fixed income
market, capital raised by bonds stays in circulation.

now there is a second angle to it.

only 15 million coins are locked.

there were almost 72 million premined coins.

their original cost was only 14 million.

did you ever go back and look at the premined coins.

who holds them? 60 million were purchased for i believe 13.8 million

and 12 million were issued to developers.

at least 72-15= 57 million are fully liquid.

they can be sold at anytime. it really means the owners of those cheap coins if they held them are the actual controllers of eth.

not the staked 15 million coins. the staked coins are in a very vulnerable spot. as compared to the at least 57 million premined coins not staked and held by ‘i don’t know do you’

I feel sorry for those that fully staked at 3 or 4 k a coin.  they are down over  35-65k as i type with no way to cash out for a real long time.

while those 57 million premined coins are nice and liquid.

oh well.

full disclosure i have a small amount stake.

and over 10gh in eth mining gear.

so I bet on mining.. with a small hedge

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[JayDDee]

there were almost 72 million premined coins.

their original cost was only 14 million.

did you ever go back and look at the premined coins.

who holds them? 60 million were purchased for i believe 13.8 million

and 12 million were issued to developers.

at least 72-15= 57 million are fully liquid.

they can be sold at anytime. it really means the owners of those cheap coins if they held them are the actual controllers of eth.

not the staked 15 million coins. the staked coins are in a very vulnerable spot. as compared to the at least 57 million premined coins not staked and held by ‘i don’t know do you’

I feel sorry for those that fully staked at 3 or 4 k a coin.  they are down over  35-65k as i type with no way to cash out for a real long time.

while those 57 million premined coins are nice and liquid.

oh well.

full disclosure i have a small amount stake.

and over 10gh in eth mining gear.

so I bet on mining.. with a small hedge

What about POS could trigger dumping the premined? Most of them are probably held by the principals who govern Eth.
I see them probably going into lockup to earn rewards.

I don't see the risk any greater than large amounts of currency held in reserves.

[a1 Hashrate LLC2022]

there were almost 72 million premined coins.

their original cost was only 14 million.

did you ever go back and look at the premined coins.

who holds them? 60 million were purchased for i believe 13.8 million

and 12 million were issued to developers.

at least 72-15= 57 million are fully liquid.

they can be sold at anytime. it really means the owners of those cheap coins if they held them are the actual controllers of eth.

not the staked 15 million coins. the staked coins are in a very vulnerable spot. as compared to the at least 57 million premined coins not staked and held by ‘i don’t know do you’

I feel sorry for those that fully staked at 3 or 4 k a coin.  they are down over  35-65k as i type with no way to cash out for a real long time.

while those 57 million premined coins are nice and liquid.

oh well.

full disclosure i have a small amount stake.

and over 10gh in eth mining gear.

so I bet on mining.. with a small hedge

What about POS could trigger dumping the premined? Most of them are probably held by the principals who govern Eth.
I see them probably going into lockup to earn rewards.

I don't see the risk any greater than large amounts of currency held in reserves.

Okay you staked 32 coins you mined them  and when you staked them they were  worth 2 grand each for a 64k total.

OG eth guy got in premined and is stillholding 1000 coins
he paid about 23 cents a coin. he got 3000 coins for 690 usd back in 2015

he did 2 sales prior  1000 coins at 1000 = 1 million
1000 coins at 4000 = 5 million


he is down to his last 1000 coins
they are liquid repeat
they are liquid repeat
they are liquid and so on and so forth

He already scored twice and is primed to score again.
Please remember what those 1000 coins cost him only $230

BUT you are in with your 32 x 2000 = 64000 cost investment which is down about 7000

and you are not liquid

he is liquid and can hodl or not hodl

you must hodl for more than a year.

SO he says I will wait til 1 month  before the stupid pos suckers are liquid and sell off.

and the stupid pos suckers get crushed as the frozen pos eth gets released after it has crashed and burned.


People that staked at 2000 or 3000 or 4000 will be crushed.

It is pretty much written in the plan.  I am spelling the plan out to you.

Now if the pos coins staked were more like 35 or 45 million maybe it works.






Just think of it like this. why not stake your cheap premined coins. We all can see  it is obvious they are not being staked

60+12 = 72 million is huge compared to 15 million staked.

so the in the know guys are keeping them liquid are they not?


Man will this be fun to watch it burn.






BTW I am philipma1957 alt account.

and I do have far more bet on gear than staking.

over $10,000 in gpus vs $300 staked at coinbase.



Or maybe they blink

august 11th
is a chance to see a blink correct?

[JayDDee]

If I understand correctly you aren't really saying there's a bigger chance they dump but if they do hodlers can't jump on the selling
bandwagon and will be left hodling the bag. Dumping the premined would be a disater POS or not.

For full disclosure I've never mined or owned any Eth.

[swogerino]

If I understand correctly you aren't really saying there's a bigger chance they dump but if they do hodlers can't jump on the selling
bandwagon and will be left hodling the bag. Dumping the premined would be a disater POS or not.

For full disclosure I've never mined or owned any Eth.

Exactly.I don't know who will be the stupid ones staking Eth coins when we all know that PoS has never worked for any other coin compared to PoW coin which has a group of people mining it every day.What will PoS offer,that staking which I highly doubt it will bring benefits to the people who stake their coins.I think only developers of Eth and people who do not know what they are doing can go ahead and stake their coins.

I have always mined Eth yet I have 0 as I always have opted to receive the payout in Bitcoin which for me remains the best crypto to keep as a store of value or exchange it when you need.

[a1 Hashrate LLC2022]

If I understand correctly you aren't really saying there's a bigger chance they dump but if they do hodlers can't jump on the selling
bandwagon and will be left hodling the bag. Dumping the premined would be a disater POS or not.

For full disclosure I've never mined or owned any Eth.

think of the leverage that at least 57 million premined dirt cheap coins have over 15 million expensive frozen coins.

Pos simply is so underfunded here it is a joke.

at best the ratio of cheap premined coins to pos coins is 57 to 15

and that would mean not a single mined coin was staked.

so the 'cheap' premined coin mix and pos and mined ratio could be

57-15-50 every pos coin came from the premined coins not likely

some ratio in between most likely

72-15-35. every premined coin was held which is not likely


none of the above offer much strength for the frozen pos coins. they are simply out numbered by a huge amount.


well we are tick tock a little bit closer to the next step.

[sp_]

When the mining ethereum is not profitable anymore, the miners will move to mine something more profitable like Blockchain AI.

https://www.youtube.com/watch?v=SVcsDDABEkM


 Happy mining,