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Author Topic: Ethereum’s Shanghai upgrade is set for March 2023! Is this HODL or DUMP?  (Read 161 times)
flying_bit (OP)
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February 03, 2023, 11:22:58 PM
 #21

I heard a rumor that Devs believe 80% of the ETH supply will eventually be staked.  Does anyone know where this rumor came from?

I am not sure where you heard that but Ethereum Shanghai will "enable" Staked ETH withdrawal of all validator, stakes will be liquid. Once Shanghai update is complete, validator can move their fund anytime they want which can lead to more investor. 

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February 04, 2023, 12:06:51 AM
 #22

I heard a rumor that Devs believe 80% of the ETH supply will eventually be staked.  Does anyone know where this rumor came from?

I am not sure where you heard that but Ethereum Shanghai will "enable" Staked ETH withdrawal of all validator, stakes will be liquid. Once Shanghai update is complete, validator can move their fund anytime they want which can lead to more investor. 

Those stakers have been staking lots of money. The new update will be executed through shanghai upgrade to make public less worried about their money if they wanna try to be validator. I meant they can unstake it anytime. This is the main point.

There are some EIPs being included in this update and it may be executed later like EIP3651 which is related to the gas fees, EIP3855 lowering gas to the developers, EIP3860 gives caps to the developers gas price cost.

I think that such rumour happened once shangai will be implemented caused by people shall not feel worry to stake their ethereum

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February 04, 2023, 01:31:48 PM
 #23

If those staker, who for many years waited to withdraw their rewards,  will eventually decided to "dump" this will cause a huge effect to the market though we also know that they have many faithful and loyal supporter who thinks and believe the greatness and usefulness of this project.
They did stake to earn additional coins. Of course some would sell, but with an upgrade like this, many would be thrilled and some major improvements would be seen. I assume these stakers are bulk holders and they also feel that selling at this point wouldnt help them earn that much, for surr they will just stake again their earnings for more % in the rewards. How come youll dump in a market situation like this.

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February 05, 2023, 11:03:06 AM
 #24

...I wonder how this will affect Ethereum ecosystem and the "universe" of cryptocurrency...

Obviously, a lot will depend on the price at which the investor bought Ethereum for staking. After all, the cost of ether during this time varied from 600 to 4500 dollars. And if some can fix a profit, then to others such a sale will mean fixing losses.

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