ETHPoW

[Pendrak]

OP nobody is forcing you to mine ETHW. Do not claim your ETHW if you think they are scamming you. But I know you will sell it because at the bottom of your mind it is free money at zero effort.

The dumping started already. Price per ETHW was $4 an hour ago. I made another check and it is now at $5.17. Did it bottomed already? And just like BCH, whales will pump this coin for some gains. Many big miners are whales too, and together with the anti-Vitalik group, they will try to stabilize this coin.

I don't think it bottommed yet. The bottom will be once Binanace, Coinbase and a few other exchanges creddits their users and allows trading. Most likely it'll be a slow grind down. Then it'll find a bottom somewhere, trade for a few weeks and then some whales might end up pumping it if they feel like it.

Then it'll top out at $50 or $100, people will think it'll be the next real ETH and it'll peak like Bitcoin Cash did at like $3000-$4000 with retail holding the bag.

ethw wont even be 50.
and never 3 or 4k.
eth may never recover its ath with this transition to pos.

Depending what technologies they introduce on the coin...

[1715405415]

1715405415

[1715405415]

1715405415

[1715405415]

1715405415

[1715405415]

1715405415

[1715405415]

1715405415

[adaseb]

OP nobody is forcing you to mine ETHW. Do not claim your ETHW if you think they are scamming you. But I know you will sell it because at the bottom of your mind it is free money at zero effort.

The dumping started already. Price per ETHW was $4 an hour ago. I made another check and it is now at $5.17. Did it bottomed already? And just like BCH, whales will pump this coin for some gains. Many big miners are whales too, and together with the anti-Vitalik group, they will try to stabilize this coin.

I don't think it bottommed yet. The bottom will be once Binanace, Coinbase and a few other exchanges creddits their users and allows trading. Most likely it'll be a slow grind down. Then it'll find a bottom somewhere, trade for a few weeks and then some whales might end up pumping it if they feel like it.

Then it'll top out at $50 or $100, people will think it'll be the next real ETH and it'll peak like Bitcoin Cash did at like $3000-$4000 with retail holding the bag.

ethw wont even be 50.
and never 3 or 4k.
eth may never recover its ath with this transition to pos.

Honestly it depends.

If Binance and Coinbase allow spot trading and enable deposits/withdraws.

If eventually there is a futures and perp market listed for ETHW, then I can see it getting pumped. Maybe to $20 or $50 or so.

Usually whenever a coin is listed with perps it has a tendency to get involved in pump and dump schemes. Look at what happened with LUNC recently.

[Crypt0Gore]

OP nobody is forcing you to mine ETHW. Do not claim your ETHW if you think they are scamming you. But I know you will sell it because at the bottom of your mind it is free money at zero effort.

The dumping started already. Price per ETHW was $4 an hour ago. I made another check and it is now at $5.17. Did it bottomed already? And just like BCH, whales will pump this coin for some gains. Many big miners are whales too, and together with the anti-Vitalik group, they will try to stabilize this coin.

I don't think it bottommed yet. The bottom will be once Binanace, Coinbase and a few other exchanges creddits their users and allows trading. Most likely it'll be a slow grind down. Then it'll find a bottom somewhere, trade for a few weeks and then some whales might end up pumping it if they feel like it.

Then it'll top out at $50 or $100, people will think it'll be the next real ETH and it'll peak like Bitcoin Cash did at like $3000-$4000 with retail holding the bag.

ethw wont even be 50.
and never 3 or 4k.
eth may never recover its ath with this transition to pos.

That's a big lie, Ethereum is now better than before, just because it leave PoW behind doesn't mean it will keep decreasing, at this point it can go higher than 4k in future because now its total supply is visible and small, also its more deflationary, if BTC goes back to 80k ETH could break 10k.

[FP91G]

OP nobody is forcing you to mine ETHW. Do not claim your ETHW if you think they are scamming you. But I know you will sell it because at the bottom of your mind it is free money at zero effort.

The dumping started already. Price per ETHW was $4 an hour ago. I made another check and it is now at $5.17. Did it bottomed already? And just like BCH, whales will pump this coin for some gains. Many big miners are whales too, and together with the anti-Vitalik group, they will try to stabilize this coin.

I don't think it bottommed yet. The bottom will be once Binanace, Coinbase and a few other exchanges creddits their users and allows trading. Most likely it'll be a slow grind down. Then it'll find a bottom somewhere, trade for a few weeks and then some whales might end up pumping it if they feel like it.

Then it'll top out at $50 or $100, people will think it'll be the next real ETH and it'll peak like Bitcoin Cash did at like $3000-$4000 with retail holding the bag.

ethw wont even be 50.
and never 3 or 4k.
eth may never recover its ath with this transition to pos.

If this coin was launched, then the pump is possible. $50 isn't that much of a price in both good news and a good market, and it's possible. But I'm not ready to mine this coin yet, in order to have the hope of selling it later for a higher price.

[swogerino]

OP nobody is forcing you to mine ETHW. Do not claim your ETHW if you think they are scamming you. But I know you will sell it because at the bottom of your mind it is free money at zero effort.

The dumping started already. Price per ETHW was $4 an hour ago. I made another check and it is now at $5.17. Did it bottomed already? And just like BCH, whales will pump this coin for some gains. Many big miners are whales too, and together with the anti-Vitalik group, they will try to stabilize this coin.

I don't think it bottommed yet. The bottom will be once Binanace, Coinbase and a few other exchanges creddits their users and allows trading. Most likely it'll be a slow grind down. Then it'll find a bottom somewhere, trade for a few weeks and then some whales might end up pumping it if they feel like it.

Then it'll top out at $50 or $100, people will think it'll be the next real ETH and it'll peak like Bitcoin Cash did at like $3000-$4000 with retail holding the bag.

ethw wont even be 50.
and never 3 or 4k.
eth may never recover its ath with this transition to pos.

That's a big lie, Ethereum is now better than before, just because it leave PoW behind doesn't mean it will keep decreasing, at this point it can go higher than 4k in future because now its total supply is visible and small, also its more deflationary, if BTC goes back to 80k ETH could break 10k.

I don't know what you see in ETH to go to such high levels when every single PoS coin has failed miserably before,what makes you think that ETH will not fail,chances are more for it to go back to the initial prices and fail completely as a project rather than to follow Bitcoin anymore.Now that they removed themselves from the miners verifying transactions it is in the hands of a handful of persons who owns the majority of the ETH available,this is against the very nature of crypto in general as it is a big centralization of things while crypto when it was invented,the first one Bitcoin the strongest point that was presented was decentralization.

[Bitcoin_Arena]

Greed destroyed crypto in many ways , we just can't do anything about it , POW or POS only the rich will eat the cake
eth just destroyed everything

Greed. Depends on how you look at it.

Quick question and please be honest.
Are you here to make money or through your voluntary efforts just make sure crypto lasts 100 more years to come?

Don't be fooled. The more you think about making money, the less heart broken you will be 

[grendel25]

OP nobody is forcing you to mine ETHW. Do not claim your ETHW if you think they are scamming you. But I know you will sell it because at the bottom of your mind it is free money at zero effort.

The dumping started already. Price per ETHW was $4 an hour ago. I made another check and it is now at $5.17. Did it bottomed already? And just like BCH, whales will pump this coin for some gains. Many big miners are whales too, and together with the anti-Vitalik group, they will try to stabilize this coin.

I don't think it bottommed yet. The bottom will be once Binanace, Coinbase and a few other exchanges creddits their users and allows trading. Most likely it'll be a slow grind down. Then it'll find a bottom somewhere, trade for a few weeks and then some whales might end up pumping it if they feel like it.

Then it'll top out at $50 or $100, people will think it'll be the next real ETH and it'll peak like Bitcoin Cash did at like $3000-$4000 with retail holding the bag.

ethw wont even be 50.
and never 3 or 4k.
eth may never recover its ath with this transition to pos.

That's a big lie, Ethereum is now better than before, just because it leave PoW behind doesn't mean it will keep decreasing, at this point it can go higher than 4k in future because now its total supply is visible and small, also its more deflationary, if BTC goes back to 80k ETH could break 10k.

I don't know what you see in ETH to go to such high levels when every single PoS coin has failed miserably before,what makes you think that ETH will not fail,chances are more for it to go back to the initial prices and fail completely as a project rather than to follow Bitcoin anymore.Now that they removed themselves from the miners verifying transactions it is in the hands of a handful of persons who owns the majority of the ETH available,this is against the very nature of crypto in general as it is a big centralization of things while crypto when it was invented,the first one Bitcoin the strongest point that was presented was decentralization.

Decentralization is a multifaceted thing

BTC hasn't been PoW decentralized since 2012 when ASICs took over

ETH was a lost cause since inception. 100% premined from the start with most awarded to early investors/contributors/community. Sure, a lot was mined but ETH founders always made sure they knew who had/has control.  

BUT, I will say ETH has staying power because of their community and because of the builders. I don't see BTC or ETH losing their MC ranking anytime soon despite literally thousands (over 20K competitors now) of other projects doing important things.  

Although, if the crypto community is worth a damn there will be better cryptocurrencies (well, there already are) to make their way into the consciousness as time goes on.

[Bitcoin_Arena]

BTC hasn't been PoW decentralized since 2012 when ASICs took over

If you are basing on that, then you might as well say that Bitcoin has never been POW decentralized since it's inception because from the satoshi days, the founder would find himself mining alone or with a handful of other folks.
My question is, was the Bitcoin network decentralization those days much better than it is right now?

[adaseb]

BTC hasn't been PoW decentralized since 2012 when ASICs took over

If you are basing on that, then you might as well say that Bitcoin has never been POW decentralized since it's inception because from the satoshi days, the founder would find himself mining alone or with a handful of other folks.
My question is, was the Bitcoin network decentralization those days much better than it is right now?

He only mined because he wanted to keep the chain going. Once other people started to mine on their own he most likely stopped mining. So sure it was centralized because it had 1 miner pretty much but it didn’t have much value so it didn’t matter.

I think as years go on, Bitcoin becomes more and more centralized. Because back in 2012 you still had some GPU miners. And many ASICs were sold to retail home miners because the manufacture needed seed money to build more ASICs.

Now it’s different. Miner ASICs very expensive, hard to compete with cheap power deals and most ASICs are sold directly to farms instead of home miners.

[grendel25]

BTC hasn't been PoW decentralized since 2012 when ASICs took over

If you are basing on that, then you might as well say that Bitcoin has never been POW decentralized since it's inception because from the satoshi days, the founder would find himself mining alone or with a handful of other folks.
My question is, was the Bitcoin network decentralization those days much better than it is right now?

"...the Bitcoin network decentralization..." in those days, the days before ASIC mining at least had a chance to be better decentralization. ASICs robbed the crypto community of 1 CPU 1 Vote. Now it's 1 Corporation 1 Vote and really it's one step away from 1 Nation 1 Vote.

It is fair to link the corporate ASIC interest to BTC's broader success but at what cost? BTC would have been successful eventually anyways but getting there by way of sound fundamentals would have put it on a more sustainable path. Choose a reason: More egalitarian distribution, far less energy consumption, slower more manageable growth

The genie is out of the bottle but that doesn't stop developers from shelling out better designs. 20K cryptos and counting LFG!

[MidNite36]

ETH pow is presently trading at 13$ per coin, I saw this coming as it's already too oversold, it was 8$ days ago and I was waiting for the coin to crash down to the 5$ range but now I think it's not going to happen again, hopefully the mining difficulty goes down in few months later.

[devil2man]

The basic idea is also good to create an altcoin pow with the same characteristics of eth so that the miners can continue their business without throwing away the expensive gpu but the last word will be of the markets if there will be a market for the new coin then it will last over time if not slowly it will disappear

[FP91G]

ETH pow is presently trading at 13$ per coin, I saw this coming as it's already too oversold, it was 8$ days ago and I was waiting for the coin to crash down to the 5$ range but now I think it's not going to happen again, hopefully the mining difficulty goes down in few months later.

Mining of this coin is now unprofitable, as well as other forks. And on expensive video cards, the profit is so minimal that the payback of video cards takes several years. Until now, there are a lot of video cards in mining, and many miners are looking for profitable coins.

[swogerino]

ETH pow is presently trading at 13$ per coin, I saw this coming as it's already too oversold, it was 8$ days ago and I was waiting for the coin to crash down to the 5$ range but now I think it's not going to happen again, hopefully the mining difficulty goes down in few months later.

Mining of this coin is now unprofitable, as well as other forks. And on expensive video cards, the profit is so minimal that the payback of video cards takes several years. Until now, there are a lot of video cards in mining, and many miners are looking for profitable coins.

For the ETHW though I think that many miners go wrong on this coin.I know it is very early to talk about it but most probably this coin can afford to go to like 50-200 USD for a coin in the long run and collecting it now at a low difficulty can be a good choice.

Since there are no real profitable coins even for really high end GPU-s it is wise to mine a coin who hold big promises (I don't know if they will fulfill them or not but they promised to be the next ETH) and hold it for the long term.Mining right now for any other purpose does not make a lot of sense.

[adaseb]

Yes a few hours ago FTX added the perp futures for ETHW. So i can see it get pumped sometime by the whales. Only thing missing would be a Binance trading option.

I have a feeling after a few weeks and no more technical issues that they might enable trading. So it’s best to just mine this coin and hold. Most likely many already sold at a loss of $5 when it was released for withdraws on Binance last week.

[batsonxl]

Greed destroyed crypto in many ways , we just can't do anything about it , POW or POS only the rich will eat the cake
eth just destroyed everything

Don worry so much. One day people will loose alot money in Pos then Pow will be real thing. Why BTC is valuble because for its simple.

[batsonxl]

Greed destroyed crypto in many ways , we just can't do anything about it , POW or POS only the rich will eat the cake
eth just destroyed everything

Don worry so much. One day people will loose alot money in Pos then Pow will be real thing. Why BTC is valuble because for its simple.

Why Pos is dead project because they print it from nowhere and they get it and sell then out from it. Btc is not printable to understand this it will take time for many people thas why i dont worry we will see if we live along enough )))

[Z390]

Greed destroyed crypto in many ways , we just can't do anything about it , POW or POS only the rich will eat the cake
eth just destroyed everything

Don worry so much. One day people will loose alot money in Pos then Pow will be real thing. Why BTC is valuble because for its simple.

If that's true aren't we suppose to be seeing this moment as a buying opportunity? Maybe just maybe one day people will see how undeniable proof of work is and we all go back to where we used to be, ETHPoW could worth a lot in future, its a risk worth taking.

[philipma1957]

I am focused on ETC. But EthPow could be okay.

If I have 10gh in hash on etc I earn 25 a day with 5 cent power my cost is 30 to mine it.

If I sell 2 3090's and 1 3070 for 1800 I have the cash for 2 months of mining.

my hash drops to 9720mh and I mine about 53 etc

If I do this for 6 months I am down to 9160 mh hash and have 159etc

And If I want to speculate on ethpow I could sell 1 more 3090 for 700 and buy a lot of them.

[Bitcoin_Arena]

I was waiting for the coin to crash down to the 5$ range but now I think it's not going to happen again, hopefully the mining difficulty goes down in few months later.

Why not/ the coin is currently trading at $10, $5 isn't so far away. The coin is still so volatile and very prone to manipulations
Anybody trading futures should completely avoid it for now unless if they have balls of steel

Here is an interesting metric - ⚔️ ETH Wars 🗡️
It's still early, but it shows how strong ETH compares to other forks including the oldest fork Ethereum classic in terms of dominance