Post
Topic
Board Altcoin Discussion
Re: Ethereum Hard fork (constantinople) on 16th january 2019
by
Life_time_student
on 12/01/2019, 12:25:19 UTC
eth devs has planned a hardfork on 16th jan to halve the block reward of eth to controll the inflation.. what do you think how it is gonna effect the eth price plus sholud we hold some eth for the fork

As the block rewards will be lowered to 2 ETH, investors must welcome a lower inflation rate of Ether supply. Anyway, miners have been struggling due to Ethereum price decline and slashing the block reward by one- third during this time could be seen as inconsiderate. Investors are in awe of what to expect from the upcoming Ethereum hard forks, especially after the last BCH hard fork happened in November 2018.

Some kind of short-term volatility is expected once the hard forks are announced. The transition into PoS is a risk, but Vitalik Buterin doesn’t mind taking that risk as he doesn’t care on the short-term impact on its price. What he actually cares is succeeding as an investment rather than a technology. As investors are aware of the transition’s benefits, more investors are going to get attracted.

https://coinswitch.co/news/ethereum-hard-fork-jan-19-know-everything-about-3-upcoming-eth-hard-forks