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15778547 No.15778547 [Reply] [Original]

How many of you have a 32 ETH stack and plan on staking? As I understand the minimum for staking on your own is 32. You can join pools for less, easier but less profit obviously.

>> No.15779274

>>15778547
Of course not, you need to BURN your ETH so you can stake on a new chain, a chain which can't be used for anything and there's no way back. That means if ETH 2.0 development falls through you'll lose everything. It's the worst risk reward ratio in history. Can't wait until all the fools who bought 32 ETH realize how stupid it is.

>> No.15779631

>>15779274
It's only locked up for a specific period that you choose: 3, 6, 9, or 12 months. After that you can withdraw if you want.

Also 32 ETH is only $5-6k. That's next to nothing.

>> No.15779856

>>15779631
99.9% on this board doesn't have $5-6k anon

>> No.15779883

Had like 100 ETH but crypto markets are like watching paint dry and put my money in assets that actually make me money

>> No.15779960

>>15778547
You need to run a hardware piece with internet connection for 24/7
No way I want my apartment to burn down.

>> No.15780358

>>15779960
Not really, you can run a validator in AWS/Azure/etc. You can also just join a pool.

>> No.15781439

>>15778547
Adoption will be slow, I'd wait to stake until mid 2020 so that any issues are ironed out. That said the fewer people staking the more profits.

However, get your 32 ETH now before price starts going back up with BTC next year.

>> No.15781468

>>15779856
Kek feels good not being absolutely poor

>> No.15781606
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15781606

>>15781439
Good point. My point of view about this whole thing is, sure, it's high-risk because it's a completely new system. But if it does work, it's going to be amazing when ETH moves completely to proof-of-stake. Why? Electricity costs plummet, and the last bastion of complaints from normies (muh environmental footprint!!) will be shattered.