+- Hack Forums (https://hackforums.net)
+-- Forum: Money (https://hackforums.net/forumdisplay.php?fid=241)
+--- Forum: Crypto Currency (https://hackforums.net/forumdisplay.php?fid=380)
+--- Thread: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines (/showthread.php?tid=6236353)
Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - shreder - Mar 16, 2023
It go time for ETH, Shanghai Upgrade date has been decided. The upgrade the entire HF has been following now is coming on 4/12/23.
They said the Beacon chain would never come... they said it was just testnets... they said the merge would never happen... we just keep proving them wrong. ETH IS KING.
https://hackforums.net/showthread.php?tid=6224926
https://hackforums.net/showthread.php?tid=6232732
https://hackforums.net/showthread.php?tid=6234729
https://hackforums.net/showthread.php?tid=6235612
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - abdelx95 - Mar 16, 2023
Ohh yeaah
Finally!! I hope that we see ethereum price rise up
But who knows that it can go down if all the people who staked their ethereum will start selling him
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - Joy - Mar 16, 2023
(Mar 16, 2023 08:52 AM)abdelx95 Wrote: Ohh yeaahWhy would it go up if it hasn't yet while the eth are locked.
Finally!! I hope that we see ethereum price rise up
But who knows that it can go down if all the people who staked their ethereum will start selling him
Can someone tell me the significant of this merge like you are explaining to a 10 yr old kid.
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - shreder - Mar 16, 2023
(Mar 16, 2023 08:52 AM)abdelx95 Wrote: Ohh yeaah
Finally!! I hope that we see ethereum price rise up
But who knows that it can go down if all the people who staked their ethereum will start selling him
Why would someone invested long term in ETH, have been running, monitoring, and upgrading their validator for the last 700 days all of a sudden shutdown their machine and sell?
That's like saying I will sell all my ETH. The withdrawal upgrade is the completion of all PoS functions for ETH. The future is bullish, I am launching more validators shortly after the Shanghai upgrade.
(Mar 16, 2023 08:59 AM)Joy Wrote: Why would it go up if it hasn't yet while the eth are locked.
Can someone tell me the significant of this merge like you are explaining to a 10 yr old kid.
Completion of all necessary functions of Proof-of-stake.
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - Joy - Mar 16, 2023
(Mar 16, 2023 09:08 AM)Focus Broken Wrote: Why would the price of ETH go up? Buyers have to absorb the 18 million new tokens that get unlocked.Isn't that bearish then? Quite alot of people might sell?
The "merge" happened 6 months ago, this fork just enables withdrawals of staked coins.
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - shreder - Mar 16, 2023
(Mar 16, 2023 10:41 AM)Joy Wrote: Isn't that bearish then? Quite alot of people might sell?
There is a withdrawal queue that grows exponentially. Only so many validators can exit at any given time, the time also grows as more withdrawals are queued from minutes to years.
As users exit the other validators earn more as higher chance of attestation, block validation and more are increased. This draws users back into the pending queue. Or not even withdrawing in the first place.
Realistically majority of withdrawals will come from CEX's as users move funds to solo or decentralized staking options.
Most current stakers are like me, you really think I will unstake and sell?
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - Omniscient - Mar 16, 2023
I have staked ETH 2.0 on an exchange. I'll sell immediately. Can't wait to get rid of my ETH.
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - shreder - Mar 16, 2023
(Mar 16, 2023 10:53 AM)Omniscient Wrote: I have staked ETH 2.0 on an exchange. I'll sell immediately. Can't wait to get rid of my ETH.
Which exchange?
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - abdelx95 - Mar 16, 2023
(Mar 16, 2023 10:53 AM)Omniscient Wrote: I have staked ETH 2.0 on an exchange. I'll sell immediately. Can't wait to get rid of my ETH.
Me to i have all my eth on kraken exchange and staked
But i don’t want to sell and quit i want to stay and keep staking
(Mar 16, 2023 09:08 AM)Focus Broken Wrote: Why would the price of ETH go up? Buyers have to absorb the 18 million new tokens that get unlocked.
The "merge" happened 6 months ago, this fork just enables withdrawals of staked coins.
because maybe many people and investors can lead to investing other capital
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - shreder - Mar 16, 2023
(Mar 16, 2023 04:42 PM)abdelx95 Wrote: Me to i have all my eth on kraken exchange and staked
But i don’t want to sell and quit i want to stay and keep staking
Kraken was forced to shut down all staking services, because they were offering "stake BTC" when that was obviously not possible. They will force withdraw validators. You'll need to find another way to stake.
Use Rocketpool. Stake with as little as 0.01 ETH. Permissionless, trustless, open-sourced, decentralized smart contract liquid staking derivative.
I'm betting on Rocketpool to absorb huge amount of that.
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - shreder - Mar 28, 2023
I can already predict the next FUD, sharding won't come!
Reverse the haters, ETH keeps winning.
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - shikha2410 - Mar 31, 2023
could you please guide me or send me the reference on how I can stake my 32 eth safely and 100% risk-free.
And how much percent i can expect earn per year
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - shreder - Mar 31, 2023
(Mar 31, 2023 12:46 PM)shikha2410 Wrote: could you please guide me or send me the reference on how I can stake my 32 eth safely and 100% risk-free.
And how much percent i can expect earn per year
Here is a some reference material
https://ethereum.org/en/staking/solo/
If you want more specific answers on anything related feel free to convo me. I can walk you through the process as well.
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - DollarOwner - Apr 1, 2023
That may be the reason that weekly chart on ethereum looks freaking bullish
RE: Ethereum Mainnet Shanghai Upgrade - Fire up those Engines - shreder - Apr 2, 2023
The supply of ETH is deflationary
https://ultrasound.money/
Broke is the biggest supporter of ETH