Post
Topic
Board Mining (Altcoins)
Re: Ethereum 2.0 IS DELAYED | UNLIKELY 2020 LAUNCH | Pro-long Ethereum PoW Mining
by
Metroid
on 01/06/2020, 23:19:06 UTC
Actually the easier it becomes to secure the network the lower the price per coin should be.  When it becomes this easy to make money it will crash the coin market cap. Vitalik knows damn well the repercussions of easy money.  Centralization will also be an adverse effect of staking.  It only works if a few people do it.  When it is as easy as putting money in a wallet the rewards will slowing diminish to 0   That’s the fate of everyone of these coins.  It’s human nature that you cannot change.  If that variable stays the same(greed) then these coins see the same fate as usd has.  Being worthless.  You only get out of something the work you have put into it.  Easy come easy go.  Far too many people think they can get through life with little to no effort expended.  Again that only works if a few do it.  When we all think we can get the next guy to do it the system falls apart.  Somebody has to put in the work.  That’s crypto.  Everyone wants that easy money with 0 work output.  That’s never gonna work out for the betterment of anyone!

BR

Good luck with the eth scam.  Maybe one more delay. One more pump of the hope of something is coming. Lol. Talk about the boy who cried wolf.  That Vitalik with his eth 2.0 and staking.  Eventually no one believes him and moves on.  Or at least that’s the hope.  Why do we hold these scammers to such high regard is beyond my comprehension

That is true if the coin is indeed a scam, eth is far from being a scam so I disagree with you here. I did think it was a scam as well few years ago. ETH has the potential to surpass bitcoin in marketcap in the coming years, right now if eth rises 10 times what it is then it surpasses btc but btc will not stay idle, so as eth rises so btc and vice versa but pay attention, eth has a lot more potential than btc to rise, as btc rises 300%, eth does 9 times = 1200%, 3.5x more. So if btc hits 30k, eth will hit 1.3k.