So when ETH hits $10k. I should be able to earn around $64,000 per year staking one node. $64k is all I need, nobody needs more than $64k per year.
So when ETH hits $10k. I should be able to earn around $64,000 per year staking one node. $64k is all I need...
Julian Sullivan
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Ian Reed
How are people doing this? I got 42 eth
Hudson Ross
uhh at $10k the roi on staking is going to be like 3%, that's $9600/year.
You need at least 128 eth to live from staking, sorry.
Dylan Rivera
Just setup a node, it's easy. Then start earning that juicy 22% apr while securing the ethereum network.
2 years from now you'll be retired sitting on the beach sipping a pina colada and counting dividends.
Jeremiah Sanchez
If ether hit 10k id take my 4 eth and buy a sweet motorcycle then crash into a wall going 200mph
Samuel Jenkins
The variable apr depends on how many people are staking, not the price of eth. You should understand that rewards are not fixed, but dynamic (a function of the amount of eth staked in the network)
Michael Morgan
I know that, no idea why you assumed I don't.
At $10k/eth millions of eth are going to be staked, he used roi for the genesis minimum.
James Baker
Even if a million eth are staked, it's still a 16%apr.
It's going to create a positive feedback loop as more eth are locked up the price will skyrocket.
Grayson Butler
Staked eth is going to be tokenized and very possibly majority of supply is going to be staked.
That would probably mean a higher price than $10k but that's another topic
Kayden Jackson
Imagine how many eth will be put out of circulation. The price can go far higher than 10x.
In the previous cycle, bitcoin did a 16x over the 2013 ATH, whereas ether did a 100x.
Imagine this happening again, bitcoin would be around 300k at the top, and ether at around 120-140k. So you could have 2.5 ether for each piece of bitcoin.
Imagine the psychological effect this would have in the shitcoiners. They dont hold ether, they only use it to spend with scams.
David Green
Precisely
Luke Campbell
Correct. The eth team understands game theory. Exciting times no doubt.
Jonathan James
ETH didn't have price discovery yet so it went up 100X. There were lots of shitcoins that did much more. XRP did 500X in 2017. Nano did 1000X. The idea that these coins will keep doing this is ridiculous. Over 2013 highs, XRP is only up less than 5X and Litecoin hasn't even 2X since 2013.
Benjamin Campbell
>Even if a million eth are staked, it's still a 16%apr.
>It's going to create a positive feedback loop as more eth are locked up the price will skyrocket.
113,450,415 circulating
18 million more mined every year
no cap on mining
you think locking up 1 million eth does anything to the price? really?
Brandon Gomez
full PoS replaces mining, and OP's scenario is after that.
>18 million more mined every year
at least check your numbers.
After mining is gone deflation is likely
John Russell
>when this hits 10k
you are mathlette but you do realize this has constantly bled sats over its life?
therefore if this hits 10k, then that means btc is at 1m
why not just buy btc and get it over with.....?
Matthew Powell
if you can't see that eth is going to be the first there's no hope for you
Matthew Hill
> 2021 mining exists
> 2022 mining exists
> 2023 maybe end of year if everything is on time and hit ETH 1.5
Also now, ETH will have and additional 2-3 years of additional rewards in the POS to dump. How is this deflation?
Hudson Adams
And then sue the bike company for even more eth
Carter Garcia
Eip 1559 is happening this year. Eth is going deflationary.
Asher Powell
>you are mathlette but you do realize this has constantly bled sats over its life?
The last time btc was 15K in the '17 run ether was only a bit over 300, but there were also something like 80 or 90 million less ether than there are now.
Noah White
>2023 maybe end of year if everything is on time and hit ETH 1.5
that's extremely pessimistic, right now they even agreed to untangle phase1 from merging eth1. The only requirement is beacon chain light client. The hardest part was creating the network itself.
Even end of 2021 is possible.
>2-3 years of additional rewards in the POS to dump.
those rewards are going to be small, like 1M eth at most
eip1559 isn't happening in 2020
Hudson Russell
>nano
Overhyped shitcoin like many in this board. Didnt provide any ecosystem at all. It was a fad, and today is forgotten.
>xrp
Always know as bankers coin. Used as a ledger by legacy bankers and credit card firms. Devs dump it every week.
>litecoin
Testnet for Blockstream. Its own creator dumped all the coins he had in 2017. The difference with xrp is that xrp dumps in small doses, whereas Charlie dumped all at once, killing ltc price.
You cant even compare these coins with ethereum.
The entire DeFi ecosystem is built on ethereum.
Thomas Thomas
While I love ETH, 22% is probably a high estimate for long term staking rewards ya?
Cooper Wright
definitely I'd say 5-10% longterm more reasonable. still at 10k 32 ETH = $320,000
a 5% return is $16k a year. you won't be able to retire but damn will you feel comfy.
Ethan Harris
Aight keep bringing the hopium, dopamine is running low today...
Ethan Edwards
if I have 3 nodes (96 ETH) than I could earn, like, 20k a year? and never work again?
Dylan Sanchez
Yes, but keep in mind the more eth locked up will influence a higher price per eth
Anthony Sanchez
i'd prefer avax staking, my bags are going to moon!
Gavin Powell
I have only bitcoin and avalanche. Wtf is link anyway
Aaron Rivera
Amen
Asher Reed
ETH 2.0 nothing mate AVAX the ETH killer
James Jones
I need to go buy more #AVAX asap!
Luis Green
Luis Martinez
Idk 32 eth is a bit high, might consider avax for a change
Kevin Wright
Buy Bitcoin for $1
Buy Ethereum for $0.4
These are dreams that will never come trueSmiling face with tear
But the cryptocurrency market is constantly throwing up new opportunities
I have a #XEM for $0.04 and #AVAX for $0.85
I will hold them for a long time!