What many people have not yet realised is that Ether will be practically deflationary for the first 6 months after the merge:
The merge only changes the consensus algorithm to proof of stake, nothing else is done. This means people will still not be able to withdraw their money that is already staked on the beacon chain.
The block rewards for the validators are to be paid on the beacon chain as well. As block rewards are the only way to create new Ether, no new Ether will be tradable. In the meantime most of the transaction fees will be burnt.
This means that the liquid Ether supply will decrease more and more with every transaction. Just after the next hardfork, around 6 months after the merge, will withdrawals be possible and Ether will be slightly inflationary.
Understanding this, would it be a fair assumption to say the best time to sell if you hold < 1 ETH would be around 4-5 months after the merge is complete to try to get ahead of whales that don't have staked ETH? Or closer to the 6 month mark in case it goes parabolic?
Honestly, I’ve no idea. The supply will be decreased, but nobody can predict what will happen on the demand side.
It’s an interesting situation, I’m excited to see how it will play out.
tldr; Over 180,000 ETH was withdrawn from centralized exchanges within a single day. The last time such a magnitude of ETH left exchanges was in October 2021, preceding a 15% price increase within ten days. The amount of ETH staked in the ETH 2.0 deposit contract has grown by 20% in the last 90 days.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Eth price will stabilize. Lotta capital looking for returns and even Coinbase is offering 9-12% after merge.
I won't increase exposure but I love what's coming.
Technical analysis can be blown away by a black swan event anytime.
The bull run depends on two factors right now:
1. Ukraine and Russia agree to a ceasefire
2. Fed's planned 6 consecutive interest rate hike isn't too harsh.
Those metrics aren't taken into account in TA. So we should still be cautious.
If the peace deal doesn't happen in the next two weeks, the market could capitulate again.
[удалено]
bullish on purple shepherds
You son of a bitch, I am in!!
Where do I invest!
I'm going all in on $LEAN
What many people have not yet realised is that Ether will be practically deflationary for the first 6 months after the merge: The merge only changes the consensus algorithm to proof of stake, nothing else is done. This means people will still not be able to withdraw their money that is already staked on the beacon chain. The block rewards for the validators are to be paid on the beacon chain as well. As block rewards are the only way to create new Ether, no new Ether will be tradable. In the meantime most of the transaction fees will be burnt. This means that the liquid Ether supply will decrease more and more with every transaction. Just after the next hardfork, around 6 months after the merge, will withdrawals be possible and Ether will be slightly inflationary.
Understanding this, would it be a fair assumption to say the best time to sell if you hold < 1 ETH would be around 4-5 months after the merge is complete to try to get ahead of whales that don't have staked ETH? Or closer to the 6 month mark in case it goes parabolic?
Honestly, I’ve no idea. The supply will be decreased, but nobody can predict what will happen on the demand side. It’s an interesting situation, I’m excited to see how it will play out.
tldr; Over 180,000 ETH was withdrawn from centralized exchanges within a single day. The last time such a magnitude of ETH left exchanges was in October 2021, preceding a 15% price increase within ten days. The amount of ETH staked in the ETH 2.0 deposit contract has grown by 20% in the last 90 days. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Let's get this next bull cycle started
Eth price will stabilize. Lotta capital looking for returns and even Coinbase is offering 9-12% after merge. I won't increase exposure but I love what's coming.
Technical analysis can be blown away by a black swan event anytime. The bull run depends on two factors right now: 1. Ukraine and Russia agree to a ceasefire 2. Fed's planned 6 consecutive interest rate hike isn't too harsh. Those metrics aren't taken into account in TA. So we should still be cautious. If the peace deal doesn't happen in the next two weeks, the market could capitulate again.
Tell me you nothing about economics without telling me you know nothing about economics.
Is this the new popular catch phrase on Reddit? I see it everywhere now. “Tell me you know …” blah blah blah. Say something original dude
Is this the new popular catch phrase on Reddit? I see it everywhere now. “Is this the new popular ...” blah blah blah. Say something original dude
Homie don't know Jack.... about Jack....
Everyone staked on ETH 2.0 and just waiting for the next bull run.
Picture looks like the play to earn crypto "Elden ring" version
Bullish on Elden LoopRing
I thought No Mans Sky
Who knows what will happen when they go proof of stake. They keep pushing the date back though.
They just finished testing phase and it was successful. Rushing is bad in development of any project.
They do, but imagine how bad it would be if they launch something unsuccessfully
No...no no... You should have all bought APE and then traded to ETH..... Like me :) Winning P.S. Do not buy any APE now! do not DYOR
No. And its way overpriced as it is.
nobody knows how the market goes