/biz/ - Business & Finance

I am waiting with clenched ass-cheeks for a dump as I need more to get my 32 ETH. Summer typically is shit for alts, so maybe - but once staking is set to start, I expect a bull run.

>>18927915
up a bit, then soon down.
>>18927996
based. got 16 and missed sub 100$ eth for my 32. Waiting to pull the trigger.

>>18927996
>but once staking is set to start, I expect a bull run.
WHEN THE FUCKKKKKKKKKK IS STAKING?!

>>18927915
down a lot

>>18928232
God please be true

>>18927915
>>18927996
>>18928223

You only have a “few months” before staking is released. Many suspect it will be late July on Ethereums creation date. Hope you at least have 32

please stop posting 32 eth is a make it stack
95% of you will not operate a node and earn staking rewards. And if you tried, you'd most likely get slashed and liquidated. PLEASE read the consensys report on what is actually required of people that stake.

You should be buying eth for the mad run on supply from gullbile retards who are going to be purchasing eth because they are retarded (like you) and think that 32 eth will be some sort of passive income that will set them for life.

>>18928268
I got 5

>>18928268

I've got a few ether and like 15k in cash. What are the expected returns?

>>18928314
Do you think we will set a new ATH when staking is released?

crab downwards until halving then when BTC dumps ETH is going to crash like an absolute sack of shit

>>18928353
Read the ConsenSys report on staking. Phase 0 (set for july) is expected to have 5mil eth staked. This would give a return rate of around 8-10% since the rate of return is based on % of max eth stakes.

PLEASE READ
If you stake without using a 3rd party service such as rocketpool YOU WILL NOT GET YOUR REWARDS OR INVESTMENT BACK UNTIL PHASE 2 which is scheduled for 2022 at the earliest. This is why you should be riding the price action wave and not funneling it into staking. It is not liquid

>>18928223
July 30 the party starts. Eth will break ath this year

>>18928438

Cool. Making ether both less liquid and more desirable is definitely going to spike the price. For now I think it'll be dragged down with bitcoin for a while though. Good chance to pick some up cheap.

>>18928504
wishful thinking but I expect over 500 eoy as people pour into it thinking that it's going to be easy passive income
here's whats going to happen:
>staking announced
>mad run on eth from other alts
>eth price will pump hard as people flood in out of fomo
>realiziation of eth staking settles in (can't touch rewards for 2 years, have to run your own node which can't be offline ever, no easy way of staking beyond using 3rd party like rocket pool which has its own problems)
>people dump eth
>price will still be higher than it originally was

the timeline for actual eth ATH is probably 3 or 4 years from now. Once a very large majority of eth starts to get staked and the emission rate tanks we will see it moon.

>>18928544
yes, this is a good thing for the price and I agree but it's going to turn off a huge number of people who wanted to be able to touch those rewards. These people will dump their eth. I'm not trying to tell people to stop buying eth....the exact opposite. I think you shouldn't stop at 32. More eth the better since you'll be able to cash out on top of the initial run and get a bigger stack as the normies dump their holdings cause it's harder than they thought.

>>18928544
Targets you are looking at?

>>18928504
>>18928595
Would it be a bad idea to sell my Eth now and try to re-enter at a lower price point when it dumps?

>>18928706
no, because the dump is going to happen later and it will dump to a price above what we have now.

Right now there will probably be some downwards movement as BTC nears 10k and then drops towards the halvening but you can't really rely on that. I'd either borrow against a small % of your stack to invest in more eth with something like AAVE or just purchase a small amount of eth everyday.

>>18928744
* i meant yes it is a bad idea to dump your stack

>>18928744
>>18928762
Alright thanks for the input anon.

>>18928268
if you have 32 you have to run a node though right and get penalized if your power goes out or your internet connection dies. all that for what, 6-10% yearly gains? seems like it would be easier just to use a pool.

>>18928798
you're welcome, but just remember to DYOR and take everything you read with a healthy dose of skepticism. This is just my analysis based on reading the staking report that is provided by consensys.

>>18928852
I mean I'm not heavily invested in it yet really, I only have 5 Eth but I was looking to increase my stack at a better price point, either way I'll likely hold on until it pumps and I make a profit off the small amount I invested in it (I think).

>>18928357
no of course not. if you think ETH is going to 1400+ in the next few months you're nuts.

>>18928679
>>18928623

I'm thinking anything under 140 is good. I don't think we'll see new lower lows, but who knows. Bitcoin might dump to test the 3k curve though it seems less likely every day.

>>18928902
btc will probably dump back towards 6800 i'd imagine
shit if eth hit 140 i'd put in a lot more money lol

>>18927915
Hmmm the US government is going into incredible debt and counterfeiting their own currency and printing it into infinity through quantitative easing. Let’s all think about that.

Yup, thought about it. It must be bearish for crypto as a whole. Let’s short it.

>>18927915
$240 by end of may

ETH 2.0 will never happen, Vitalik is addicted to slav porn stars.

>>18929536

This. he can't stop cooming.