Post
Topic
Board Altcoin Discussion
Re: Ethereum after hard fork Istanbul
by
mobilestrike
on 08/01/2020, 16:07:02 UTC
Maybe other participants of the forum will try to dissuade me from buying this coin?

Since you asked for it, here you are:
For me all investments in PoS coins were a disappointment. All this happened before 2018.
And it makes sense. Just imagine, for Ethereum: in the past 2 years whoever wanted to accumulate, had plenty of opportunities to buy. After becoming PoS all these whales will have free coins to dump/sell.
Will this make the price rise or fall?  Wink
These whales are still mining ETH and they do not dumping the price at once because they will also lose the value of their collections. Other point is that if anyone will have more coins then they will mine more so everyone will be in competition to collect as much as possible to mine more coins faster. So POS will not harm ETH but will increase its value more.