Ethereum is younger than bitcoin but ethereum is doing great right now. Its price looks good. But we cant say ethereum is greater than bitcoin. Bitcoin created if im not mistaken 2009? And tested by many years. Ethereum is just started at 2014. We'll see that when ethereum atleast at 5-7 years of operation.
Ethereum will not exist that long! This coin was a scam from the beginning but with the bailout hardfork to save mostly whale investors and devs for financial desasters, because of investing into DAO, it became totally useless due to loss of immutability. It's living because traders speculate with it.In a few this coin will have disappeared and it's dev team will probably pull another scam or just relaxing somewhere on the carribean beach and slurping mai-tais. What do you mean by "from the very beginning"? If ETH is a scam from the very beginning then ETC is also a scam. ETC is the original chain, do no tell me the code base is not really that good and that the original development team had no intention to scale the platform. If that it indeed true then the truth will come out sooner or later.
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So what now with the whale? Will he continue to troll like this? It does not make any sense because he is also devaluing his own stake in Lisk. I am now speculating that there could be something deeper going on here. If anyone knows something please post it in this thread.
It also interesting that he moves the sell wall higher when traders start eating on his wall at 44k satoshis.
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This might be the next big thing. How could we not have seen it before? It was using Bitcoin's formula to success. A slow but secure development process, darknet market penetration as a preferred currency and whales secretly accumulating all along. Theymos must be holding some in cold storage seeing that he made that statement. Now I am kicking myself again because I missed BTC and now this one.
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All was solved with 0.9. Hydrogen Helix. It was developed over a year and a half. And development of GUI and other not so important things was put aside. Hydrogen Helix was implemented on January first 2016. At that time everyone could know Monero price will go only one way. Since Hydrogen Helix provided way faster future development.
So how will the users of the darknet market use XMR if there is no GUI and no light wallet? This will be a hurdle for them to overcome and it will also be a hurdle for wider adoption. The news of Alphabay and Oasis is hyped to much. If the buyers and sellers there decide to use XMR they will surely scratch their heads wondering what to do. There are GUI wallets from 3rd party devs. https://getmonero.org/getting-started/chooseI wish I could have seen that earlier. Thanks for posting this will be very useful for everyone in the future. I did not realize that there is already a light wallet and a web wallet. Please advertise well next time. I feel it is very unfair for some that they lacked all the info about XMR and what we mostly read here are all the FUD from other people in this forum.
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Monero is following the same formula as Bitcoin. I wish I could have seen it sooner. Slow development, penetrating the darkmarket is a preferred currency, whales and "who's who of crypto" accumulating in secret. I wish there will be another good time to get in. I have missed this.
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@Fragbait. That would be the ideal time to buy NXT for the Ardor snap shotting. No one in their right mind would be tricked to buy at these high prices just to receive Ardor which is not even proven to gain real adoption. So why take a risk at these high prices?
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I would say it would be impossible to reach BTC parity. Are you crazy? But we have been proven wrong before with the case of Bitcoin. No one would believe it would reach prices above $100 4 or 5 years ago.
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Give it about 3 months more and see how the price moves. The Ethereum foundation is running out of money and they have no choice but to sell their premine of ETH. Wait for this moment. The main problem is what whale is willing to buy a big load of ETH now that its reputation is tarnished and the ETH foundation was proven to be not trustworthy.
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Yes. It is now going slightly sideways. It could be a good time to buy if it will be sideways because it means it is accumulation time for the investors. But we should make sure that the developers are also doing their job with the platform.
I take back what I said. It is not a good time to buy. The sell down is not stopping and the bid side keeps going lower and lower. The best thing to do right now is nothing but watch.
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I am not convinced that listing LTC in GDAX will make LTC go up like a mega pump. I mean what is Coinbase? It has being frowned upon in the cryptosphere right now because of Brian Armstrong's association with Vitalik and the support of the ETH hard fork. He even tweeted stupid things showing his lack of knowledge and is now viewed as stupid by the bitcoiners. There was also his support of XT. He has lost his clout in the cryptosphere and no one is really taking him seriously.
And "I am sure plenty of other exchanges, like Gemini and Bitstmap, will follow suit"??
What kind of talk is this? lol
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All the good news about Factom keep coming and coming. Now I regret not buying more when it was hovering just below 40k satoshis. The trend looks like it will continue for months.
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XMR might be the next altcoin that is worthwhile to mine. There is news coming out that Roger Ver was actually considering XMR starting 2 months ago. He must have been buying at low prices anticipating a rise in price. Maybe they are using the same formula as they did with BTC?
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Yes, the Lisk price feels like it is being artificially suppressed by insiders via the exchanges. It will eventually move, and probably move big. I am thinking of building a position with a 150-200k target.
Well the whale is really not serious about making the price fall. When the traders started eating on his sell wall at 44k satoshis he immediately moved the sell wall at 70k satoshis. So the price have stabilized a little bit for now.
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Congratulations to LTC, the developers and the founder. But Coinbase is overrated. What has it really brought in the cryptoshpere? The possibility that it will be regulated? Not even the twins from the facebook movie brought anything in the cryptosphere. Also Brian Armstrong has shown himself to be not that clever after those tweets about ETC.
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All was solved with 0.9. Hydrogen Helix. It was developed over a year and a half. And development of GUI and other not so important things was put aside. Hydrogen Helix was implemented on January first 2016. At that time everyone could know Monero price will go only one way. Since Hydrogen Helix provided way faster future development.
So how will the users of the darknet market use XMR if there is no GUI and no light wallet? This will be a hurdle for them to overcome and it will also be a hurdle for wider adoption. The news of Alphabay and Oasis is hyped to much. If the buyers and sellers there decide to use XMR they will surely scratch their heads wondering what to do.
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ETC right now is one of the most obvious accumulation phases of all time in cryptoland. This is the classic "calm after the storm" pattern where whales play with people's mind and keep the coin on the low slowly creeping down, to then later on pump it again and challenge the ATH.
So if you buy 5 BTC now, you are doubling your money when we hit 0.006 again, and you end up with 10 BTC.
I don't see a better way to double your money now. All other coins have shit volume or are already overpumped (XMR for example).
Yes it is in the accumulation phase but it is also in a very dangerous spot. More hashing power is needed here to secure the chain and the original development team has already moved on to a forked chain which makes ETC's situation unique in the cryptosphere. We do not know where really ETC will go so it will always be good to be really careful when deciding when to get in. A dump could still happen.
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I fear the price decline will turn the miners off and will leave and go somewhere else. ETC first and foremost needs the miners right now. They need their support and it would be nice to receive some charity from them thru hashing power.
There are already posts in their announcement thread that some mining pools are already DDOSed from multiple IP's. Whoever it is we know they are ETH supporters.
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If the use of XMR in darknet markets become increases and will get to a point where the transactions are in the millions of $, it could become the cryptocurrency of choice in the darknet and could replace BTC in the darknet.
The developers need to make a light wallet for this to happen. I do not even know why it is taking long to make a GUI for the current wallet.
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So what happened to the $10k bet? Did they ever get to agree with something or was the other guy just trolling?
Nice to see it really happened. But I do not think it will really that big of a news. After the stupidity of Brian Armstrong shown in his tweets of ETC I have lost faith and confidence in him. I do not think he is qualified to run Coinbase.
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They are funded for years, so they won't have to sell any of the foundation's ethereum. They could sell their personal stash but that's not related to foundation's money. I can feel you're starting to regret buying ETC as you can see it slowly being dumped.
They are not funded for years. Last year there was already news that they are running out of funds. This was when they made the Frontier release of Ethereum. Vitalik was calling out for more support from the community. It was almost like he was saying that he is leaving part of the development with the community because they cannot continue it anymore. Their burn rate is high. I do not know how they spend all that money.
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