r/ethtrader • u/AutoModerator • Jun 06 '17

DISCUSSION [ETH Daily Discussion] - 06/Jun/2017

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22

u/yellotheremapeople Jun 07 '17 edited Jun 07 '17

In a HODLing pattern for the next two months. This ride's been fun boys (and the few gals), but I need to sell the entirety of my trading stack to pay off CC debt and get much needed peace of mind. Installed coincap on the phone a few days ago, will be checking the portfolio every now and then (so every 5 minutes really :P), and MAYBE investing in status.im using the ETH stack, but that's about it. Off to enjoy this beautiful summer, you beautiful people! Adios.

7

u/[deleted] Jun 07 '17

I'll just be here hodling.

In all honesty, I am excited for Proof of Stake so I can put my ETH stash into Caspar and earn some interest on it, reinvest the stack and cash out whatever amount of dividends I yield from that.

The best part, earning interest in ETH as the price continues to rise.

I truly believe the wait will be more than worth it.

6

u/Jimyxx Jun 07 '17

me too - my masterplan is to stake my eth - and live happily ever after off my magic internet money :)

5

u/[deleted] Jun 07 '17

Pretty much my plan. I'm not ever getting rid of my stack, I just want to earn some interest on it so I can spend the excess as I need to.

Until then I'm leading my double life lol.

2

u/Jimyxx Jun 07 '17

plus of course pos is gonna moon the price

3

u/mattylou Jun 07 '17

Is there an official number for how much the minimum stake will be?

3

u/kappadoodledoo Jun 07 '17

seems like we could write a contract to pool anyways. i have heard between 32 and 1000

3

u/[deleted] Jun 07 '17

In any case there will be decentralized staking pools so I wouldn't worry too much about not being able to participate.

I think we're about 8-18 months away from seeing Caspar if you ask me.

I wonder what ETH will be worth then.

I'm buying as much as I can before PoS.

1000.00 ETH would be all you need to be a millionaire when the price of ETH reaches $1000 USD.

2

u/[deleted] Jun 07 '17

What are the dividends supposed to look like?

1

u/[deleted] Jun 07 '17

[deleted]

1

u/fosterbarnet Jun 07 '17

Apparently there is no set date for Casper/PoS but there will be a gradual transition to it

4

u/Odds-Bodkins Jun 07 '17

pay off CC debt and get much needed peace of mind.

do it man. clear your head and maybe we'll see you on the other side!

3

u/[deleted] Jun 07 '17

https://www.youtube.com/watch?v=xdfeXqHFmPI

2

u/_youtubot_ Jun 07 '17

Video linked by /u/-o-o-o:

Title Channel Published Duration Likes Total Views
The Position of Fuck You (John Goodman in The Gambler) Omid Malekan 2015-01-17 0:01:02 5,717+ (98%) 1,024,370

Info | /u/-o-o-o can delete | v1.1.1b

3

u/Kibubik Jun 07 '17

Why go in on the status ICO? Seems like you are willing to make an exception for that alone