Post
Topic
Board Mining (Altcoins)
Re: ETHPoW
by
FP91G
on 23/09/2022, 17:16:39 UTC
OP nobody is forcing you to mine ETHW. Do not claim your ETHW if you think they are scamming you. But I know you will sell it because at the bottom of your mind it is free money at zero effort.

The dumping started already. Price per ETHW was $4 an hour ago. I made another check and it is now at $5.17. Did it bottomed already? And just like BCH, whales will pump this coin for some gains. Many big miners are whales too, and together with the anti-Vitalik group, they will try to stabilize this coin.

I don't think it bottommed yet. The bottom will be once Binanace, Coinbase and a few other exchanges creddits their users and allows trading. Most likely it'll be a slow grind down. Then it'll find a bottom somewhere, trade for a few weeks and then some whales might end up pumping it if they feel like it.

Then it'll top out at $50 or $100, people will think it'll be the next real ETH and it'll peak like Bitcoin Cash did at like $3000-$4000 with retail holding the bag.

ethw wont even be 50.
and never 3 or 4k.
eth may never recover its ath with this transition to pos.
If this coin was launched, then the pump is possible. $50 isn't that much of a price in both good news and a good market, and it's possible. But I'm not ready to mine this coin yet, in order to have the hope of selling it later for a higher price.