ETHEREUM BLOCK REWARD

HAS BEEN CUT DOWN TO 2 ETH IN CONSTANTINOPLE HARDFORK

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Miners are going to dump this shit to zero

>being this desperate.
ETH is kill

>be miner
>see incoming reduction
>start hoarding "cheap" ETH
>dump it when price moons

it's gonna moon before it dumps bucko

How do you expect the price to respond?

ETH mooning means somehow that ETH based alts will have some gain?

supply inflation reduced by 33%

so logically price should go up roughly the same.

Reposting my 5 year inflation calculation with issuance reduction to 2 ETH / block:

Let's say we change to 2 eth per block on October 30th (just before DevCon 4), when there should be roughly 102,500,000 ETH in existence at current mining rate. After that the issuance will be 2 ETH per 5760 blocks mined per day = 2 * 5760 * 365 = 4,204,800 ETH per year. Additionally there will be 613,901 ETH per year created in uncle rewards.

>October 30th 2018 = 102,500,000 ETH
>October 30th 2019 = 107,318,701 ETH
>October 30th 2020 = 112,137,402 ETH
>The switch to PoS should happen in 2019 but even accounting for delays it should definitely happen by October 2020. The current best guess is 500k of ETH issued per year after PoS

>October 30th 2021 = 112,637,402 ETH
>October 30th 2022 = 113,137,402 ETH
>October 30th 2023 = 113,637,402 ETH
>So in total over the next 5 years that would make for average ETH inflation of 2.084% per year.

Now compare that to bitcoin, with supply increasing from 17,348,400 on October 30th 2018 to estimated 19,750,000 on October 30th 2023 for an average BTC inflation of 2.627% per year over the next 5 years.

thats pretty good actually

will be interesting to see which does better in 2020 (pos vs. btc halvening)

both will prolly moon 2019

Everyone can shut the fuck up about ETH inflation FUD

I have a mid-size farm and have only ever sold 6 ETH

Pos is masterrace

Horizontal scaling is the only way forward. Look at the history of computing. Idk if ETH is going to be #1 but I really don't see a use for BTC

yea I've got a 100k farm and I'm not selling either.

thanks, just market sold 100k

Usually yes.

This shit's about to dump so fucking hard. Unironically sold half my remaining stack.

What did you buy sentpai?

>inflation reduced
>gotta sell quick
???

Eth has gone down significantly, going towards the yearly record low.
We're in the last part of the dump; only retards and greedy fucks dumping at this minute, just so they can get that last cent.
It's going to moon, and all of you who dumped, you're going to be shit out of luck very soon.

Part of a downpayment on a shop that I didn't want to get a loan for.

Bought an Audi with my cash income during the bull run, only ever sold the 6 eth lol.

This, if you sell don't sell for btc or USD because you are going to be sad EoY

a lot of retards are going to buy hoping that it will go up. this gives big nigs a decent pool of bids to sell to before they dump price to buy the retards' bags lower

>doesn’t see a use for btc
That’s because you’re a zoomer brainlet

>Idk if ETH is going to be #1 but I really don't see a use for BTC
Being this delusional.

BASED MONEY SKELETON

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>BTC dominance falls for years cleanly laid out on a chart for you

You are the delusional one. You are more then likely tech illiterate too. All BTC shills are.

>CONSTANTINOPLE HARDFORK

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How has the maintenance on the Audi been?

What kind of an impact could this have on ETC?

checked.
kek confirmed

I bought a turbo and had to replace a pump but other then that it has been great. I really like driving it and 10 months later that has been the only problem.