Ethereum - Blockchain App Platform - Page 118 - Business, Finances and Investing Forum

Sounds like you staked since the beginning, dec 2020, meaning you bought at much lower prices.. I staked a similar time and have accumulated 8-9% in total, I imagine you're rich now!

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09-15-2022 , 04:21 PM

#2927

lonely_but_rich

ɔarpal \ʇunnel

Join Date: Mar 2009 Posts: 24,112

Sick!

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09-15-2022 , 04:43 PM

#2928

tarheels2222

Carpal \'Tunnel

Join Date: May 2011 Posts: 12,076

Yeah, but are you still lonely?

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09-15-2022 , 05:42 PM

#2929

lonely_but_rich

ɔarpal \ʇunnel

Join Date: Mar 2009 Posts: 24,112

I can't risk people coming after all my money.

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09-15-2022 , 08:00 PM

#2930

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 51,616

Sell the rumor, sell the news.

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09-15-2022 , 08:32 PM

#2931

As1an1nvas1on

Pooh-Bah

Join Date: Jul 2010 Posts: 4,352

the eth merge pump happened from july to aug

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09-15-2022 , 11:22 PM

#2932

SoCalQuest

veteran

Join Date: Mar 2007 Posts: 2,056

Pump happens in 6-18 months when daily issuance reduction has kicked in.

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09-16-2022 , 09:36 AM

#2933

As1an1nvas1on

Pooh-Bah

Join Date: Jul 2010 Posts: 4,352

itll happen when the economy bottoms

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09-16-2022 , 07:16 PM

#2934

SoCalQuest

veteran

Join Date: Mar 2007 Posts: 2,056

Since the merge:
POS issuance: 522 ETH

What would have been issued under former POW:
20,544 ETH

Over time, the decreased issuance will be reflected in price.

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09-16-2022 , 10:20 PM

#2935

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 51,616

Usually takes ~6 months post halving for bitcoin price to reflect issuance decrease.

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09-16-2022 , 10:21 PM

#2936

tarheels2222

Carpal \'Tunnel

Join Date: May 2011 Posts: 12,076

That longer, the better. More time to stack.

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09-16-2022 , 11:04 PM

#2937

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 51,616

Quote:

Originally Posted by tarheels2222

That longer, the better. More time to stack.

The counter point is around 6 months from now should be when staked eth can finally dump.

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09-16-2022 , 11:25 PM

#2938

SoCalQuest

veteran

Join Date: Mar 2007 Posts: 2,056

Yeah, but it’s a bit different than other unlocks. The types of holders that staked for years and still getting a yield are less likely sellers than typical lock ups.

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09-19-2022 , 11:56 AM

#2939

lonely_but_rich

ɔarpal \ʇunnel

Join Date: Mar 2009 Posts: 24,112

Kind of surprised pocket zero wasn't in here gloating about the meaningless replay attack.

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09-19-2022 , 01:11 PM

#2940

onemoretimes

Pooh-Bah

Join Date: Sep 2012 Posts: 3,535

Having some sort of catalyst is also usually combined with the run. Having the constant "US BAN CRYPTO" and Fed rate hikes and trying to declare ETH a security now that they shut miners off certainly won't help. However with this being a triple halving and possibly even more, this is a bit more special. Maybe the price rising will be catalyst enough.

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09-28-2022 , 02:04 AM

#2941

fafax

journeyman

Join Date: Jan 2008 Posts: 314

2 questions (noob questions) if you guys don't mind

- from what i understand, is the consensus that bull cycle will start in about 6 month?

- what are you guesses (i emphasize guesses, not asking what nobody can know) for the bottom? can it break the 1k barrier?

thanks

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09-28-2022 , 07:57 AM

#2942

SoCalQuest

veteran

Join Date: Mar 2007 Posts: 2,056

Quote:

Originally Posted by fafax

There is 0 consensus on next run. Could be 6 months, could be many years. No one knows bottom either, we've already broken 1k and not far from it, so that is easily achievable.

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09-28-2022 , 08:16 AM

#2943

housenuts

1st Quartiled the 500

Join Date: Jul 2004 Posts: 51,616

If you're going purely on past cycles, it's historically been ~6 months post bitcoin halving. ETA for halving is March 2024, so moon cycle around Sep 2024. See you then!

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09-28-2022 , 10:04 AM

#2944

SoCalQuest

veteran

Join Date: Mar 2007 Posts: 2,056

Yes, the wrench here is we have our only little triple halvening. So possibility it can start 6 months from now.

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09-28-2022 , 10:08 AM

#2945

tarheels2222

Carpal \'Tunnel

Join Date: May 2011 Posts: 12,076

Seems like no bull cycles until the macro conditions worldwide improve. No telling when that happens, but I don't think we can base much on history in the current environment.

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09-28-2022 , 12:33 PM

#2946

SoCalQuest

veteran

Join Date: Mar 2007 Posts: 2,056

The history suggests the Central Banks will start printing again. They have to given debt levels. It's a matter of when, not if.

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09-28-2022 , 01:16 PM

#2947

tarheels2222

Carpal \'Tunnel

Join Date: May 2011 Posts: 12,076

Oh, I agree. I'm stacking and hodling, but there is no way to put a timeline on when right now.

I was more so saying, just because something happened in 6 months or 9 months or a year in the last cycle, is no indication that's the timeline right now.

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09-29-2022 , 01:35 AM

#2948

fafax

journeyman

Join Date: Jan 2008 Posts: 314

Sorry, I'm really new to this, what do you mean by "our only little triple halvening" ?

I started following nfts a few month ago, but am totally clueless when it comes to crypto

But i do have a theory, its that when the recession hits, a whole lot of money will be taken out of the stock markets and a big chunk of it will flow into cryptos, specially now that its so cheap (relatively to its all time high)

Quote:

Originally Posted by SoCalQuest

Yes, the wrench here is we have our only little triple halvening. So possibility it can start 6 months from now.