Re: ETHPoW

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.

That's a big lie, Ethereum is now better than before, just because it leave PoW behind doesn't mean it will keep decreasing, at this point it can go higher than 4k in future because now its total supply is visible and small, also its more deflationary, if BTC goes back to 80k ETH could break 10k.

I don't know what you see in ETH to go to such high levels when every single PoS coin has failed miserably before,what makes you think that ETH will not fail,chances are more for it to go back to the initial prices and fail completely as a project rather than to follow Bitcoin anymore.Now that they removed themselves from the miners verifying transactions it is in the hands of a handful of persons who owns the majority of the ETH available,this is against the very nature of crypto in general as it is a big centralization of things while crypto when it was invented,the first one Bitcoin the strongest point that was presented was decentralization.