Quote from: Johnny00 on May 30, 2017, 02:40:33 PM

Quote from: agario on May 30, 2017, 01:19:39 PM

Quote from: Johnny00 on May 30, 2017, 10:36:55 AM

Quote from: Kda2018 on May 30, 2017, 06:21:43 AM

The potential Ethereum is getting clearer to people! Just as Bitcoin stayed! There will come a time when Ethereum will not depend strictly on Bitcoin for value! What's not the case and what will happen if there is PoS?

Doesn't that worry you its unlimited supply and inflation may keep prices low? Or does no one care about that?

After PoS implementation a 0.8 % - 1 % annual inflation rate will be introduced to ensure the validators incentive and low tx fees. That inflation would not even be enough to cover for the lost and burned coins, so sorry but your statement is completely wrong and ignorant. Even if there are no lost coins, 1% annual inflation is ridiculously low in any economic model if you know a thing or two about economics and currency. Therefore Ether will not be currency. Stable coins on Ethereum will be the currencies and ether will simply be the fuel to run the network. If everything runs smoothly (which I highly doubt by the way) those 200 $ per ether would seem like peanuts. There would be a huge squeeze on the price probably hitting crazy highs before people realize that you don't need expensive fuel in order for the system to work. At a certain point the price of ether will most probably be on par with the price of Bitcoin - that is before the second dotcom bubble which will be even bigger and history will remember it as The Great Crypto Bubble Burst of 2020.

They have been talking about POS for a long time now and still nothing. Just talk. right now there is unlimited supply. They are just pumping out coins and then once POS price will crash. When does POS start?

Please check out the Github (and other info sites:official forums, slack, etc.). Clearly, progress on PoS has been much more than "just talk". This is really the last place to be looking for updates on such info.