Ethereum Inflation Rate Proposal: MASSIVE (5X Less Ether = $1,000 ETH!)

in #ethereum7 years ago

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Ethereum is basically going to blow up after this segweit2x ish , watch out for a $1,500 ether, @phranky say so. Lol

I agree August 1 is confusing everyone with Bitcoin, ETHER will be moving up and alt coins like GNT and EOS will also get some bumps.

I doubt it. Not many people know that ETH is unlimited supply. I would stay away from any coin that has this and is pre-mined. Buyer beware.

What's your point? Ethereum is the second biggest cryptocurrency in the world because of the technology behind it. Sounds like you have a personal issue

@phranky got you a $1.99 @minnowbooster upgoat, nice!
@phranky got you a $1.99 @minnowbooster upgoat, nice! (Image: pixabay.com)


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I really hope ehtereums price starts going up, because right now the only thing that is increasing is the difficulty.

I really like the 1eth proposal. Good foundation of this proposal put into numbers and taking future development into accout.
I also like very much the thinking to come from the result you want to achieve: How much do I want to spend on hash security.

As security needs to function in any case I am wondering: how would the 1 eth proposal work in a crash scenario eg 1 year with eth being at 40 $ (even thinking this is not likely)

This is really a fantastic video! One thing that struck me is the idea of the price stabilization point. So, currently, the payout is 5ETH and the stable price is around $160, which probably is where the price is heading in this downwards trend. That also means, this is the lowest ETH will go EVER because after switching to 3ETH payout, the stable price is around $312 or so, and at 1ETH payout the stabilization point goes to over $900!!!

Personally, I'm going all into ETH when it gets closer to $160 :-D

I love you. No homo

I believe within a week or two, ethereum will show itself again.

Interesting proposal, I'm investing into Ethereum and EOS for the long run, thanks for sharing!

Just a proposal. Firstly. Remember that crypt0 shills hard for ETH. He never talks about the (limited supply) alt coins that don't have corporatist backing.

Crypt0 owns a lot of ETH and he wants his money back. He has seen his portfolio halve in value and he wants it to bounce back.

Remember when ETH was 350 usd and crypt0 was trying to hype it hard. Then what happened?

What's your point? Ethereum is the second biggest cryptocurrency in the world because of the technology behind it. Sounds like you have a personal issue

Checks out, @cryptovoice. Damn cryptos :^). I want to see more folks like You on this channel.
Currently I am curating inteviews with blockchain people and also steemians.
So question: Who would you like to see approached in a life conversation?

Look man, that's just a big BS. Crypt0 used to mine ETH and probably hodls a lot of it even since before it was at $10....

That's a very interesting proposal. If they're planning on reducing the supply, it should greatly increase the price of Ethereum.

Do we really trust Goldman Sachs and Bill Gates to reduce supply in the long run? They are the ones behind ETH. Only trust coins that have limited supply from the start (like BTC). Investors are right to expect that ETH spells trouble long term.

which do you recommend ?

This video brings up some very interesting points. If the total circulating supply of ethereum decreases we could potentially see the price skyrocket! Maybe the flippening will happen sooner than the "experts" think. I personally don't think bitcoin is going anywhere but ethereum is definitely gaining some ground. As long as Vitalik is around, Ethereum will be my go to currency. Fantastic video, thank you for sharing and as always keep on steemin!

investing in both is good for the long run i guess, what say?

I completely agree, I think both bitcoin and ethereum are great long term holds. There are only a handful of coins I truly believe in and both bitcoin and ethereum are two of them.

Or not. Goldman Sachs wants all your money. Don't think for a second they want to see you become rich owning ETH.

Très bon article. Merci Cordialement

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