> PoS incoming
> miner reward reduction
WHY IS NOT THIS MOONING YET?????
Why Isn't Ethereum Moooning?
Ian Clark
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Jeremiah Adams
you seriously expect to go much farther? lol
eth isn't bitcoin. get over it.
Andrew Harris
31bn marketcap. Why isn't it mooning?
Justin Roberts
they keep the price down
Joshua Reyes
its a doodie coin and not a pee pee coin
Kayden Clark
Any details on PoS? Like what's the ROI and how many would coins to make it worthwhile?
Cooper Rivera
It's not decided yet
but I guess it will require at least 10K worth of Ether
basically it will make early adopters a lot more comfy because they will have steady income on daily basis
Tyler Rogers
Heard rumors that Ether pools will be made for POS, like POW is now. But POS will be implemented gradually, 1% POS and 99% POW first.
Mason Walker
>but I guess it will require at least 10K worth of Ether
10'000 ETH?
WTF
That is like over 3 million in USD.
Fucking shit.
Xavier Gray
> miner reward reduction
well if you considered the difficulty bomb and delay it is a net increase.
Also there is a new class of investors on the playing field (Big-ICOs) who are natural sellers of ETH, which should dampen the rallies.
Dylan Perry
imagine if BTC changes its PoW because of the Bcash fued, and they change it to... Ethash.
Lucas Bailey
Pretty sure he means ten thousand dollars worth of ETH.
Isaac Walker
Eth is litteraly internet 2.0, if you don't see overtaking bitcoin ( a technology far inferior to MONERO) you are blind
Eli Gonzalez
Why isn't it mooning. Why. WHY.
Joshua Jenkins
Too far away and there's other cryptos with large news closer that are pumping first, ETH will rise in a couple weeks or so. I'm not expecting anything crazy though, just for it to go above .1 again.
Matthew Torres
why would it be based on dollars
Isaiah Young
Like?
Nothing seems to be pumping atm
Jayden Reyes
wait for metropolis.
Nicholas Cooper
Here it comes!
Adam Taylor
smart money is taking its profits with XMR and lisk and moving to ETH at this very moment
Jason Hill
What makes you think it's not priced in already?
Michael Foster
currently it's 1000 eth
vitalik has said he wants that down to 30 and there will be pools so even if you have three you can still stake
ROI is a real big wildcard based on how many people wish to stake
I don't know if it will ever be that. However, ICOs for erc20 tokens could be all that ETH needs, and it's doing that right now.
because it's not for months/years
they have a POC on python that hasn't been released, long way away from working
Nathan Barnes
because it's a scamcoin full of bugs
John Carter
yo boys, how does PoS system works?
Where do they take power to support blockchain?
Liam Reed
Users that take part in the security of PoS blockchain are required to demonstrate possesion of a certain amount of coins (having a stake).
The idea behind it is that acquiring large amounts of coins is relatively difficult which can be compared to buying mining devices, the process of mining itself, energy costs etc.
Levi Adams
Alright.
Where do new blocks come from?
Lincoln Phillips
Nodes create blocks, which doesn't require a lot of computing power at all.
You can for example run a $5 server, store your wallet on the server and run a node.
John James
PoS is like thinking George Soros will do the best for us because he is the most wealthy one.
Henry Wood
Thank you)
Christopher Foster
What site is this user? I'm tired of bittrex shitty charts.
Wyatt Russell
??? The wealthy dominate everything regardless of whether it's PoW or PoS. I'm not dirt poor but i'm not rich enough to buy and set up GPUs just for a mining rig. At least I can contribute my small amount of ETH to a staking pool.
Ian Morales
Carter Harris
how do i even read this
Dylan Sullivan
eth doesn't really moon, it just slowly crawls up over long periods of time. regardless its a moon after a 365 day period, when your money is worth double what it was before anyways