[DollarOwner]

How is it bullish to have the supply of a token increase by 15%?

Well, look at the weekly chart on Ethereum.. you will understand what I meant.

I said that this may be! The reason, that ethereum looks bullish..

[shreder]

Well, look at the weekly chart on Ethereum.. you will understand what I meant.

I said that this may be! The reason, that ethereum looks bullish..

He already understands what you mean, he is hyped about the upgrade.

[Rastoko]

Sadly this upgrade shows 2 things:

- ETH is highly centralized as one team will decide whether if they'll push an upgrade and give to the people their money back or not. Pretty much same thing happened with the ETH 2.0 launch, Vitalik and his team decided when the launch will go live, they delayed it as much as they wanted. It's like a company's product.

- ETH monetary policy can change based on what Vitalik and his mates think that it's better for ithirium. This is quite dangerous for eth holders' future.

[shreder]

Sadly this upgrade shows 2 things:

- ETH is highly centralized as one team will decide whether if they'll push an upgrade and give to the people their money back or not. Pretty much same thing happened with the ETH 2.0 launch, Vitalik and his team decided when the launch will go live, they delayed it as much as they wanted. It's like a company's product.

- ETH monetary policy can change based on what Vitalik and his mates think that it's better for ithirium. This is quite dangerous for eth holders' future.

I heard you were a big ETH fan focus broken.

[shreder]

Under 24 hours till the Shapella Upgrade, they said it would never come but here it is.

[╚{ RadioActive Hack }╝]

Long term I think this will be good for ETH, but if I had to bet on it this will lower the price of ETH in the short term.
I’m definitely not in a position make confident prediction at the moment, but it seem most logical that with so much liquidity entering the market in such a short time frame, people will sell to avoid volatility.

I can see this turning into a snow ball where the first people to unstake will sell to avoid risk, than it will set a precedent where people think it’s going to fall so when they can they get out and so on and so forth.

Buy the hype sell the news.

[shreder]

Long term I think this will be good for ETH, but if I had to bet on it this will lower the price of ETH in the short term.
I’m definitely not in a position make confident prediction at the moment, but it seem most logical that with so much liquidity entering the market in such a short time frame, people will sell to avoid volatility.

I can see this turning into a snow ball where the first people to unstake will sell to avoid risk, than it will set a precedent where people think it’s going to fall so when they can they get out and so on and so forth.

Buy the hype sell the news.

Withdrawal is a derisking event, it marks the completion of all basic staking functions. It is a bullish event short term and long term. Price is always up in the air for short term.

Unstake will likely be from CEX's as users jump to decentralized staking options like Rocketpool.

[▀█▀ █ ▀█▀ ▄█▀]

The upgrade features a withdrawal queue to limit the amount of ETH withdrawals to 43,200 per day, taking around 300 days if everyone withdraws their tokens. - This seems .. interesting. Only stake what your willing to lose IMO

[Cameron]

I haven't followed any ETH news in quite some time but is this upgrade essentially finally allowing those who staked many months ago to finally unstake? Shouldn't have this been a feature from the get go or am I missing something here?

[Master024]

Before staking was enabled, they announced that people would NOT be able to immediately withdraw their rewards or their stake.
I am surprised by the fact that so many people miss this kind of information... :D

[shreder]

Before staking was enabled, they announced that people would NOT be able to immediately withdraw their rewards or their stake.
I am surprised by the fact that so many people miss this kind of information... :D

People don't listen.

Anyways I have skimmed my rewards, will launch more validators.

[Marvelous]

You are correct, they announced withdrawals (among other things) would be available in 2021:

It does not mention anything about activating staking withdrawals in that post. Lol. It’s crazy how hard you try to hate on ETH but its just some pathetic lie or like 40 quotes from 6 people.

Personally, I would just stick with being part of the blue man group..

[shreder]

Next stop is proto dankscaling shits always interesting with ETH.

[Master024]

You are correct, they announced withdrawals (among other things) would be available in 2021:

Um, the screenshot you posted says "expected"...

[shreder]

Um, the screenshot you posted says "expected"...

A lot of haters thought it would never come. But here we are with a successful upgrade.