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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

File: 111 KB, 368x368, FczpsOSXkAAgzMl.png [View same] [iqdb] [saucenao] [google]

Anonymous Mon Sep 19 22:11:45 2022 No.51521453 [Reply] [Original]

You ETH people don't need your staked coins. There's more important things at hand

(This is an Ethereum Core dev)

>>	Anonymous Mon Sep 19 22:13:34 2022 No.51521476 >>51521453 he is completely correct

>>	Anonymous Mon Sep 19 22:14:33 2022 No.51521495 File: 163 KB, 615x368, 1661785832039916.png [View same] [iqdb] [saucenao] [google] no refunds goyim

>>	Anonymous Mon Sep 19 22:14:45 2022 No.51521497 File: 135 KB, 1074x861, fsda.jpg [View same] [iqdb] [saucenao] [google] >>51521453 Deflationary

>>	Anonymous Mon Sep 19 22:17:18 2022 No.51521540 I so glad nobody listens while I get to laugh when they lose money

>>	Anonymous Mon Sep 19 22:20:30 2022 No.51521594 >>51521453 >not listed as a member of the Ethereum org >not found in the commit history who?

>>	Anonymous Mon Sep 19 22:21:42 2022 No.51521617 >>51521453 If you ever thought there were withdrawals to happen in 2023 you are either a total noob or delusional.

>>	Anonymous Mon Sep 19 22:31:05 2022 No.51521739 File: 253 KB, 1824x1014, 2315D27B-624C-4AC0-BB72-37CB9CD174EB.jpg [View same] [iqdb] [saucenao] [google] >>51521453 ahem pees

>>	Anonymous Mon Sep 19 22:32:15 2022 No.51521754 This is bullish. Bagholders literally cannot sell.

>>	Anonymous Mon Sep 19 22:32:45 2022 No.51521764 >>51521453 There was urgency when ETH was nearly $5,000 you asswipes. Now I'm stuck holding while it bleeds out. Staking everything was a mistake.

>>	Anonymous Mon Sep 19 22:33:16 2022 No.51521779 >>51521453 nobody here understands that Ethereum foundation doesn't give a rat's ass about the price of eth. The tweet in OP is just a small example.

>>	Anonymous Mon Sep 19 22:33:37 2022 No.51521782 >>51521754 I have 35 ETH staked since it was at $3,500... I fucking need to withdraw but don't even want to anymore because the price is so low.

>>	Anonymous Mon Sep 19 22:35:40 2022 No.51521810 >>51521453 >sure, I'm not suggesting that we never implement withdrawals hahahahahahahaha holy fuck this sentence would piss me off so much if I was stupid enough to have staked ETH

>>	Anonymous Mon Sep 19 22:38:08 2022 No.51521855 >>51521754 >classic ponzinomics is actually bullish no, this means its going to dump for years while these retards' liquidity is locked

Anonymous Mon Sep 19 22:39:52 2022 No.51521872
File: 201 KB, 500x373, 1663508584553761.png [View same] [iqdb] [saucenao] [google]

peak clown world
>eth only exists to create shitcoins so whales can dump on goyim
>but eth pos means holding is better than gambling
>but to stake you need to lock up your eth indefinitely
do the pos rewards become locked up or can you withdraw to another wallet?

>>	Anonymous Mon Sep 19 22:42:54 2022 No.51521897 >>51521855 I'm not locked in, they are. Works for me.

>>	Anonymous Mon Sep 19 22:46:09 2022 No.51521927 >>51521779 Trust me, we understand by this point.

>>	Anonymous Mon Sep 19 22:47:25 2022 No.51521939 >>51521897 Why haven't you sold already, you're already losing and this kind of bullshit isn't going to inspire people to buy your bags at a higher price down the road.

>>	Anonymous Mon Sep 19 22:49:00 2022 No.51521961 >>51521453 Glad I only staked half of my ether.

Anonymous Mon Sep 19 22:50:11 2022 No.51521973

>>51521764
>Staking everything was a mistake
I just don't get how you thought it was going to be a good idea. The whole reason for the value behind ETH (mining / energy) has been removed. The price will drop below $100. This is needed for cheap transactions.

>>	Anonymous Mon Sep 19 22:51:50 2022 No.51521990 >>51521779 >the tweet in OP fucking KILL YOURSELF

>>	Anonymous Mon Sep 19 22:52:03 2022 No.51521995 >>51521782 >I have 35 ETH staked since it was at $3,500 How does $350 sound?

>>	Anonymous Mon Sep 19 22:52:18 2022 No.51521998 Eth is essentially a new product now. What eth was is now selling under the name Ethereum PoW. You can get the same product that was selling for 1.5k for $6 right now. Worth a small bet imo.

>>	Anonymous Mon Sep 19 23:04:44 2022 No.51522135 >>51521939 I've taken plenty of profits, I just didn't sell everything entirely. The same question applies to everyone on this board, we're all bagholders now kek

Anonymous Mon Sep 19 23:06:48 2022 No.51522155

>>51521973
I didn't think as much of it at the time because ETH was around this price when I staked. Then I watched it go 5x and couldn't sell. It's not going under $100 though.
>>51521995
This is more likely, but even then it will last for a few days at most before bouncing to high 3 digits.

>>	Anonymous Mon Sep 19 23:10:42 2022 No.51522198 Holding your money hostage.

Anonymous Mon Sep 19 23:11:14 2022 No.51522204

eth stopped being a fee token when they realized it wasn't capturing value from on-chain activity
and thus started the ponzification of eth
first with 1559 to burn eth purely to prevent miners accepting payments in anything else when eth wasn't competitive
then with more tweaking of the inflation after proof of stake, reducing issuance to such low levels normal people wouldn't bother staking outside of a centralized provider like coinbase
and then with launching a half baked upgrade purposefully ignoring 80% of what "2.0" was supposed to contain: sharding, withdrawals, revamped data storage, and heavily tweaked evm

it's easier for eth to larp as bitcoin than it is for ethereum to keep pace with blockchain upgrades
it will at least work for the mid-term

>>	Anonymous Tue Sep 20 00:52:24 2022 No.51523385 File: 88 KB, 652x677, d9d3fea0-c289-11ec-abfe-ef407de7c90c.jpg [View same] [iqdb] [saucenao] [google] >>51521453 your money is more important to ((us)) than it is to you. dont be greedy. if it goes to 0 then it is your own fault for trusting us.

>>	Anonymous Tue Sep 20 02:01:50 2022 No.51524144 >Willfully agree to lockup your coins for 9+ months >Screech when you can't withdraw for 9+ months retards. Enjoy your 4% APY and 70% drawdown

Anonymous Tue Sep 20 02:05:33 2022 No.51524177

>>51522204
the PoS was driven by ESG jew finance to make it look good for the environment so big capital could buy it. plus vitalik is jewish.

big capital didnt need sharding as bad as they needed to fullfil their ESG propaganda for them to go all in. only reason ETH was selected by Jews instead of bitcoin. ESG and vitalik is a jewish. they want to jews to win and they want ESG to be followed

>>	Anonymous Tue Sep 20 02:09:26 2022 No.51524229 >>51521453 >strong disagree >made it incredibly clear >don't think there is significant urgency >far more critical >long term health >withdraw in 2024 edit thanks for the upvotes

>>	Anonymous Tue Sep 20 02:33:49 2022 No.51524500 File: 103 KB, 264x263, 383611904839358263.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Tue Sep 20 02:37:18 2022 No.51524540 The vast majority of eth is staked on datacenter nodes run by aws

>>	Anonymous Tue Sep 20 02:42:30 2022 No.51524593 >>51521872 afaik, they are put together with your stake. Like a 'savings' account.

Anonymous Tue Sep 20 02:52:47 2022 No.51524698

>>51524177
to be fair to eth, their misguided crusade to proof of stake was decided in 2014. peercoin was what, 2013?
proof of stake has been their goal for as long as ethereum became it's own thing, mostly because they at least had the foresight to understand its not worth competing with bitcoin at the end game of proof of work, custom hardware. proof of work really is a winner takes all game.

>>	Anonymous Tue Sep 20 02:55:39 2022 No.51524733 File: 115 KB, 822x1093, 2095825.jpg [View same] [iqdb] [saucenao] [google] >>51521453 Our ETH now staked plebs.

>>	Anonymous Tue Sep 20 02:59:59 2022 No.51524780 >>51521782 please sir do not redeem at this time, many thanks to do the needful

Anonymous Tue Sep 20 03:21:39 2022 No.51525027

>>51521453
how is if that such huge development team’s financially backed by countless billion dollar entities,banks and governments can barely do codework from its inception to now that’d take just under a weeks worth of time?
meanwhile i’m following actual revolutionary passion projects like spiral etc where just one dev can do all the work of these multibillion dollar devs for free? at some point you have to realize they just don’t care.

>>	Anonymous Tue Sep 20 03:24:10 2022 No.51525062 >>51525027 because keeping millions of eth locked up is a feature

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