/biz/ - Business & Finance

no.

>>16230404
99 is enough, you can donate me remaining 1.

there are people who bought eth under a dollar,

>>16230404
i doubt it. im thinking 160 is the minimum to really make it, but it's a nice stack

t. allin eth, a little over 100 so far.

eth is seriously going to test double digits before it ever takes off again, if it ever does that.

>>16230448
Why 160? 5 nodes?

>>16230423
Actually 96 (32x3) is enough.
OP you could donate 1 to him and the others 3 to me.

>>16230509
yeah. im aiming for at least 4 nodes before we hit 360 again, there's no such thing as having too much.

even if eth exploded to 10k, 1 mill pre-tax isn't enough to make it. you still need to make good trades in the stock market after to even have a chance of making it

>>16230557
When will staking be available ?

>>16230551
so...these nodes...do you pledge your 32 eth and run some special software to do validations.....how will it work?

>>16230448
103 here, all in as well

godspeed

1000 ltc at 5k = 5 million after tax 3.5 million.

>>16230427

Still dumbest comment on price everything was <1$ at some point lol

>>16230585
sometime in the future

>>16230817
Did they still not give hints about it ? It’s been too long 1year 4 months

>>16230832
it was supposed to drop Q2 2019, then pushed to Q4, now pushed to Q1 2020, so in all likelihood? they can't find a reasonable way to roll our PoS because it's an inferior system that's too similar to legacy banking. best bet is hybrid system like DCR

>>16230404
No lol, Ethereum won't even reach a new ATH

>>16230404
I don't think so, but you are well ahead of me.

>t. 45 eth and 0,7 btc.

>>16230647
ye exactly as you say

it works because all validators have deposited/staked their eth; the moment a validator steps out of line their deposit gets slashed, so everyone is incentivized to go with the flow

>>16230852
Exactly my thoughts but I m desperately waiting on a nice price action when they announce the date to unload the ethanol I don’t plan to stake

>>16230852
>they can't find a reasonable way to roll our PoS because it's an inferior system that's too similar to legacy banking.
how do people make this shit up lmao

>>16230907
They really can’t, all devs propositions are shit

>>16230404
ETH is heading to sub 100 so you do the math faggot

>>16230891
>steps out of line
e.g. power goes out. guess northern californians can't participate. such an impressive system design. top fucking kek

>>16230980
no, stepping out of line means validating incorrect blocks. downtime is allowed, although rewards get slashed

>>16230980
why even comment if you don't know what you are talking about?

>>16230460
Bitcoin is going to retest triple digits before it takes off. We are at complacency. The logarithmic growth takes longer to reach a new ATH every time the next bubble pops until cryptocurrencies are in everyone's wallet. Between 3 and 8 million individuals use or hodl cryptocurrencies in the world. Adoption has yet to occur.

>>16230891
so are any hardware specs given? I mean 5% of 32 is 1.6 which is $296 today....hardly worth fucking with if you need reasonable server?

Is there a chance that this whole 'accumulate now in the hopes that others will be accumulating for staking later' is already priced in?

It seems like the sort of thing that would be priced in as it's so well known, or is it something people are anticipating will take years to become a big factor?

>>16231139
5% returns will be a dream investment in a couple of years time.

Normies don't have a fucking clue yet.

>>16231139
efficient market theory is mainly bs because it assumes the universe is a finely tuned watch where "things that are planned and announced happen like they are planned and announced" ...there are many unknowns in real world like eth devs could be retarded and first release destroys network...hence ppl will sit on sidelines and wait and see.

>>16230998
citation needed. show me where it states that stake cannot and will not be slashed if your node/validator goes offline. also anyone running an validator on any other person/organization's node is just asking to lose their eth. but please show me a link with clear info

>>16230404
0 sell it off

>>16230404
hopefully $500 soon

>>16231183
5% will be common for staking and eth rewards can go as low as 1% depending on quantity staked so 5% is not certain, you shouldn't pretend that it is. also, reddit newfags talking about 'normies' on this board is pretty fucking precious

>>16230404
how does $0 sound?

>>16230852
>they can't find a reasonable way to roll our PoS because it's an inferior system that's too similar to legacy banking
>>16230927
>They really can’t, all devs propositions are shit
>>16230980
>e.g. power goes out. guess northern californians can't participate. such an impressive system design. top fucking kek
>>16231115
>5% of 32 is 1.6 which is $296 today....hardly worth fucking with if you need reasonable server
>>16231241
>5% will be common for staking and eth rewards can go as low as 1% depending on quantity staked so 5% is not certain, you shouldn't pretend that it is


DAMN NIGAS was sure my 128 eth suicide stack just in case wont go up much but amount of misinformation and bullshit theories here makes me feel like im early again lol

Are anons here literally cluless and retarded or larping?

>>16231419
node goes down - slash will get staked. none of you redditors seems to be able to provide official links to correct info and the clusterfuck that is the ETH dev ecosystem does not seem to have clear info but please enlighten you reddit cunt.
>5%
big whoop faggot. this is crypto and in this fucking world 5% is common to low end staking rewards for crypto staking rewards. how in the fuck do you not know this. how desperate are you to pump your failing bags anon, and why do redditors like you come to this board? worried or trying to temporarily pump your mETH bags?

>>16230404
Yes. ETH will imitate BTC 2016-2017 run. LINK will imitate ETH 2016-2017 run.

>>16231222
https://www.reddit.com/r/ethereum/comments/cdg8v6/ama_we_are_the_eth_20_research_team_pt_2/etv8rto?utm_source=share&utm_medium=web2x

from the man himself

>>16231494
https://www.reddit.com/r/ethereum/comments/d28rpj/anticorrelation_penalty_scheme_in_pos/

btfo retard

>>16231494
>cant use interwebs to find basic info
>he thinks moment you get offline you get slashed
>he thinks staking yeld is fixed
>he thinks low % yeld is bad for gains
>he compares first real decentralsied pos (ok maybe not if they are late shit like cardano etc on way but whatever) to dpos 15%-20% reward scams
>he thinks "reditor" is prime insult just because (this screams newfag btw)


>yet he begs to be spoonfed

Anon gl

>>16231582
jesus fuck the absolute state of this shitstorm of a product... reddit is the official source... jeeezus fuck.
>>16231554
>If you do get slashed and no one gets slashed at the same time, you lose less than 1 ETH (3%).
translation... node goes offline and you can get your shit slashed. fucking unbelievable that this lawyer style weasel words and avoiding of being crystal clear is the state of this fucking project.
>>16231582
>If all that is happening is that validators are *going offline*, then the penalties are low unless >1/3 are offline, in which case finality stops, and non-participating validators start losing funds quickly until the percentage online goes back to 2/3
god fucking damn this is such a shitshow. is this the crystal clear citation that mETH provides to the community? a goddamned blog post on reddit. that sure as fuck looks like stake gets slashed when nodes go down. when PG&E cut power to 2+ million customers simultaneously in tech innundated northern cal I wonder how many nodes will simultaneously go offline?

>>16231717
>tries to find clear info on this shitstorm of a community project and can't
>realizes that this project is a fucking shitshow
>COPE intensifies
I can smell your reddit fear from here

>>16231735
seething

https://ethresear.ch/

>>16231735
>>16231747

Dude u have issue of reading comprehension + plebit phobia lol

Gl on hate train

After reading on how the development of Ethereum is done and by whom, I've lost my interest. Too much of a gamble to hold it for staking in my opinion.

so what are hardware required for a node? earning 1.6 eth per month and paying for hardware/bandwidth $20? sounds weak.

>>16231735
>https://ethresear.ch/
even if this were true, it's not like we haven't already solved the problem of building in redundancy to keep web applications online

>>16231775
dude, what part of "losing" your stake don't you get faggot? from the mouth of your pedo god Vitalik "lose" "penalties"... ddduuuuhhhh, it means no penalties. just neck already and get the fuck off of this board nigger

>>16231785
Care to elaborate a bit?

>>16231771
>https://ethresear.ch/
translation: you can't find the info. KEK
>>16231808
>even if this were true
translation: can't find the info either and have already engaged mETH COPE mechanism #4323

>>16230427
Yeah well there are people that bought eth at >$1000 or

>>16231735
the intellectual arrogance and general faggotry within the ETH community is astounding. Imagine someone invents the wheel then someone comes knocks it on its side and pulls it as a sledge. That's ETH. They're going to invent something better than the wheel by using highly advanced sledge dynamics you probably wouldn't understand

wtf does any of this mean I swear you guys have bought into all these snake oil buzzwords

Do I buy ETH or not? Theres a couple other coins I want to look into

>>16230585
1/4/2020 per Justin Drake

>>16231853
>openly declare themselves (foundation) as communists
>constantly deviating from their core functions
>vitalik keeps debating economic and philosophical polarizing stances that he has no educational background or experience in (like child porn for instance)
>rumors surfacing every now and then that vitalik got tired of it all and doesn't even want to continue developing but he's being pressured by other prominent commies
>obvious scaling issues
>ETH 2.0 is still 2 years away at least, despite sufficient funding and no plan for migrating the assets
>keeping searching for ways to skim money from the chain
>EIP 2025 will grant 0.044 Ether per every mined block for 3,100,00 blocks to the dev fund (in total over 136,400 ETH)
>lack of education in economics ended in retarded Ethereum's 'monetary policy'

There was a post some months ago about someone going to their offices or a meetup where he noticed that half of the people employed there are a total waste - HR, PR and their friends with no relevant skillset and less than a third were actual programmers. Not sure if it was a larp but after everything it wouldn't be a surprise to be honest

>>16230404
>Is 100 enough to make it?
you need 1024

>>16232469
Look at all the charts of alts
Now look at eth
Take in mind that they also have a big release early next month(04/12).
Last time they had a release like this was last year 15/01, look at what the price did then.

ETH is going to 0.035-0.04 at the very least, pretty much a guaranteed +70-100%+. No reason to shit around with other alts right now unless you're confident you can make more with others in the same timeframe.

It might even overshoot to 0.06 or something, eth really is ridiculously oversold, last time the indicators pointed like this it spiked to 0.12 right after, but then again that was december 2017, true alt season. So ~0.06 is more realistic

ALGO will give them some friendly competition, I was at the last hackathon and the devs all shilled ALGO claiming its easier to build on. Food for thought.