Will this be enough ETH to live from staking rewards when Casper goes live

> dyor
there is a bunch of discussions about casper

>He had over $3 million in January and didn't cash any out.
user I...

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reddit.com/r/ethereum/comments/7p9o2z/vitalik_said_he_is_shooting_for_13_interest_for/

its game theory/market dynamics. the more people stake, the higher the rate of inflation becomes, but its not linear, so you end up earning less.

theres going to be a balance between the earning rate being high enough to warrant the risk of staking (there is a real risk of losing money) while it being low enough to keep the price of ether relatively unharmed by the inflation itself.

if anyone actually had that much they are already rich so they probably don't care

Ummm seems higher than 1%...

twitter.com/econoar/status/1042192112890998784

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no reason to cash out and take the tax hit if you intend on holding long term.

Thats exactly right.

I have enough money to live peacefully as it is anyway.

3 million. 700k. Makes no difference to me.

I actually think Ethereum could become hugely more valuable than that if it succeeds in accomplishing its goals.

Also I just want to hold enough ETH to be able to live on the staking rewards with a crypto debit card eventually.

>reddit.com/r/ethereum/comments/7p9o2z/vitalik_said_he_is_shooting_for_13_interest_for/

C O P E

Oh well lets say 1.5% on avg if we go by between 1-3%. Thats 48.6 ETH a year.

So whatever the $USD price is by then, multiplied by 48.6. For arguments sake:

500 x 48.6 = $24,300 USD a year

with stock dividends you can get paid for 40+K

I'll take my chances, I think ETH is going to have higher growth potential than stocks.

OP is a LARPing faggot.

>stocks
unless you're a late adopter there's no reason to reduce yourself to stocks over btc/eth

>unless you're a late adopter
So it's too late to invest in BTC/ETH?

He was referring to the fact that you're a late adopter buying stocks after a 10 year bull market at all time highs.

Oh I see.

You have to understand something fundamental. Eth / BTC / NANO / etc are all end game monetary systems.
Any time will prove to have been a good time to exchange USD for these. It applies to all crypto that will still be around in 5 - 30 years.
Because that's when ai emerges.

too late for both if you expect to get rich from either, but stocks are just not attractive to me after living through crypto for a several years.

theres still more growth left in btc, and especially eth given how oversold it is, but dont expect to turn your 10k in to 1m in either anymore.

>nano
nano is just one of 99% of alts that have no long term future.

Contact me on telegram.

No, because staking will never be implemented. Enjoy selling this useless shitcoin at ~$50 if you're lucky in three years long after cryptomania has faded into obscurity and you finally, FINALLY accept that it's over and not coming back.

>but dont expect to turn your 10k in to 1m
Oh well, I'll just DCA into both BTC/ETH, if the returns are better than VTSAX then I can't really complain.

>It applies to all crypto that will still be around in 5 - 30 years.
AI is coming and inflation in crypto happens through alts.
We will hit 100,000 coins when the world tokenization begins. Most will have value.

10k to 1m is 100x, that means $600,000 BTC or $25,000 eth. its possible, but unlikely in a time scale that makes sense if you're trying to get rich.

inflation, no. alts aren't scarce, they have an infinite supply, which means value, but more importantly volume, will always trend to zero for the vast vast majority of alts out there.

there's inflation + FEES
validators get fees
everyone forgets about them, but they could well be bigger than inflation after sharding.

Thanks. This is the info I was looking for.

anyway vitalik said that the plan is for ether to have a finite supply with decreasing inflation, as if in xx years fees aren't able to support the network it's clear the project failed due to lack of adoption anyway

>No, because staking will never be implemented
That's what the majority thinks and it's why ether is so low today.
Which also means that when the market is proven wrong the repricing will be massive, easily 10x+

Nah dude put it all in Telcoin (TEL).

They will release a newsletter "before this month ends"