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Posts: 9,091
Joined: May 11 2009
Gold: 5.01
Oct 26 2021 02:57pm
ETH FTW, Adding +31MH to the ghetto rig tonight. PSU looking like a rats nest. The equity of the rig is even going up. Could offload these GPUs for gains.
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Oct 26 2021 11:18pm
Will Ethereum 2.0 be a success?

Will Ethereum still be the main platform for smart contracts, DeFi, etc?

What if something happens to Vitalik?

What if Ethereum loses market share to competitors (i.e. Solana, Avalanche, Polkadot, etc) because their fees get too high from burning?

What if they now have to inflate the supply of Ethereum instead of decrease it?

What if DeFi usage explodes over the next few years and there is not enough ETH to allow the system to function?

What if the network can't produce enough ETH, via block rewards, to satisfy the mission of Ethereum - which is to be the world's decentralised computer - and the economics of the network fail?

A key part of the Flippening narrative is that the exponential rise of on-chain transactions will lead to Ethereum being burned, thus lowering the supply and pumping the price.

However, those who believe that the current EIP-1559 inflation schedule could never change would be wise to review the protocol's history.

Ethereum is competing with several other coins right now and in the years to come.
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Oct 27 2021 07:36am
Quote (TheHitman @ Oct 27 2021 01:18am)
Will Ethereum 2.0 be a success?
Ethereum is competing with several other coins right now and in the years to come.


Its also competing with the banking system. Investors are looking at it for the high yield, and the average Joe is looking at crypto as a safe place where governments/banks can't molest their hard earned value. After reading your post in the other thread about CBDC, the 'vision' there will likely push more people towards cryptos. Especially with that statement about the Fed being able to dip into your account O.o. Ill have to read the full posting later today after work.
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Oct 27 2021 08:14am
Quote (RedFromWinter @ Oct 27 2021 03:36pm)
Its also competing with the banking system. Investors are looking at it for the high yield, and the average Joe is looking at crypto as a safe place where governments/banks can't molest their hard earned value. After reading your post in the other thread about CBDC, the 'vision' there will likely push more people towards cryptos. Especially with that statement about the Fed being able to dip into your account O.o. Ill have to read the full posting later today after work.


Agreed. What's happening with the CBDC's and fiat debasement is good for cryptocurrencies in general. Lot of work to do on privacy education and self custodying your coins
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Oct 28 2021 07:02pm
NEW ATH
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Posts: 17,550
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Oct 29 2021 01:33am
Quote (TheHitman @ Oct 27 2021 07:18am)
Will Ethereum 2.0 be a success?

Will Ethereum still be the main platform for smart contracts, DeFi, etc?

What if something happens to Vitalik?

What if Ethereum loses market share to competitors (i.e. Solana, Avalanche, Polkadot, etc) because their fees get too high from burning?

What if they now have to inflate the supply of Ethereum instead of decrease it?

What if DeFi usage explodes over the next few years and there is not enough ETH to allow the system to function?

What if the network can't produce enough ETH, via block rewards, to satisfy the mission of Ethereum - which is to be the world's decentralised computer - and the economics of the network fail?

A key part of the Flippening narrative is that the exponential rise of on-chain transactions will lead to Ethereum being burned, thus lowering the supply and pumping the price.

However, those who believe that the current EIP-1559 inflation schedule could never change would be wise to review the protocol's history.

Ethereum is competing with several other coins right now and in the years to come.


fees will be close to 0 after 2.0 update
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Nov 10 2021 10:38am
Quote (Melatonina @ Oct 29 2021 03:33am)
fees will be close to 0 after 2.0 update


Anyone staking ETH for the APR? Is that worth it?
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Nov 10 2021 11:24am
Quote (RedFromWinter @ Nov 10 2021 05:38pm)
Anyone staking ETH for the APR? Is that worth it?


i stake it on c4w for 6% interest/month, composed interests, cant beat that imo
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Dec 9 2021 02:30pm
Ethereum Arrow Glacier Upgrade
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Feb 6 2022 12:04am
#neverbelow3k
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