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11121  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 14, 2016, 11:18:30 PM
Is it possible to reach 0.1 BTC ETH  Huh Huh Huh Huh

Make that 0.25 ETH/BTC...   it's only a quarter folks!!!   Grin

I am just excited with the recent price spikes going on for ETH and hoping for it to be in par with Bitcoin. My estimate would be 1 BTC = 1 ETH or I could be wrong.  Roll Eyes

In my opinion, I see that ETH is a lot more useful than BTC (and more powerful) with the ability to create dapps, smart contracts, issue your own assets, etc. If all goes well, it might even become Bitcoin's replacement. I am very optimistic.  Grin

Analizing that equality in the event that the value could be the same:

                              1 BTC = 1 ETH

and considering the supply now only:
                             15,211,400 BTC  = 77,033,300 ETH

so that equality could never be fulfilled    

seen otherwise:
Price of BTC $ 401.24    and assuming that ETH could cost the same then:
                
                15,211,400*401.24 is not equal to 77,033,300*401.24

the only way that it can be accomplished is that the price of ETH would be lower than BTC a value aprox. of 79.23. checking:

            15,211,400*401.24=77,033,300*79.23

                    6103422136 = 6103348359*with a little difference of 73777 only by the use of two decimals

Summarizing and speaking only about the unity 1 BTC or 1 ETH :

this leaves room only for:

1BTC > 1ETH     just now
1BTC < 1ETH     can be but could be very difficult

Note: this approach is only at this stage for these values ​​which remain changing quickly, for nothing it should be taken for an investment decision or something. Smiley

Corrections are welcome.........
  

Your calculations are clear but too simplistic. If Ethereum becomes adopted by companies, apps are created and becomes a standard platform then the price will definitely be much higher than it currently because ETH is actually need to fuel all this huge system. Bitcoin on the hand is idle really, it's not really a payment system because it's far from being adopted by the mainstream if that was the intention. Just mention Bitcoin to a common person or explaining to him what it is and you'll see them yawning or rolling eyes.

Now, of course there's a strong chance that ETH is just MEH and it's used but not so much or something better comes along, however it already have the upper hand on Bitcoin because it doesn't have the bad image, there's a lot of potential and interest from actual big companies and institutions (something Bitcoin will never do due to its bad image). If Ethereum is adopted massively in the next upcoming years then the sky is the limit, much more than BTC actually. If not then $20-30 per ETH in the upcoming months after some good news or deals is perfectly possible too.



$20-$30 per ETH seems like a fair price to me. But first we may need to get to at least the Homestead phase in order to see more changes in price. About 1 BTC = 1 ETH, I was exaggerating a little but it could exist the possibility of that happening if ETH gets adopted by major companies and businesses worldwide. But it is just a matter of adoption and usage of the Ethereum platform.  Cheesy

Say, what is the total supply of ETH to be mined? Thinking about that myself, perhaps the supply would change once ETH hits the PoS stage.  Smiley
11122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 14, 2016, 08:48:57 PM
Is it possible to reach 0.1 BTC ETH  Huh Huh Huh Huh

Make that 0.25 ETH/BTC...   it's only a quarter folks!!!   Grin

I am just excited with the recent price spikes going on for ETH and hoping for it to be in par with Bitcoin. My estimate would be 1 BTC = 1 ETH or I could be wrong.  Roll Eyes

In my opinion, I see that ETH is a lot more useful than BTC (and more powerful) with the ability to create dapps, smart contracts, issue your own assets, etc. If all goes well, it might even become Bitcoin's replacement. I am very optimistic.  Grin
11123  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin 'real money' to you? on: February 14, 2016, 08:42:48 PM
No it is not, because I can't buy anything with it in the local market to buy things.. Its not cash in hand... We can use it just for online transactions, that too many sites are not accepting btc till now. ..

Maybe in your country or location, it is not possible to buy things in the local market with your BTC yet, but there are some places (like in the US) that accept BTC at local shops. But as BTC grows, it will get adopted by more merchants and then we will see the possibility of local stores accepting BTC in most countries. When that day comes, BTC would have become mainstream. BTC makes it the ideal crypto for online transactions. Everything is just a snap.  Cheesy
11124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] MonetaryUnit [MUE] Quark based, CPU mining, faucet, explorer, pool, wallet on: February 14, 2016, 08:37:26 PM
We're currently beta testing our MUE buying api.

We're going to offer an extremely easy, no registration way to buy MUE at a fixed price for small amounts up to very large amounts (to attract whales).

This will then roll out to in-wallet MUE purchasing.

The benefits for the user:
*Don't have to register with an exchange.
*Quick and easy - 3 steps
1 - MUE address
2 - Amount of MUE
3 - Send Bitcoin
*Offers a fixed price for any amount

The benefits for the project are that a very small profit margin will be created which will be put straight back into MUE buy support buying back more than was purchased, therefore raising price.

Very clever idea. You certainly have a good mindset and have no doubt that I will be very beneficial for the project itself. This will definitely attract more investors to buy MUE and best of all, you won't necessarily need to be registered with an exchange to get your MUE. I like it. Hope it becomes a reality real soon.  Cheesy
11125  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: February 14, 2016, 08:31:10 PM


You are right indeed. As it is not about the prices of a crypto currency, but development and community to make it succeed, I would like to say that is has been doing pretty good when compared to other alt coins. I understand that dev is busy sometimes, but getting a new wallet is not very far than what I least expected. If we could get a killer new GUI for the wallet, then I would certainly make XMG rock!

Take a look for instance at CasinoCoin's wallet and see for yourself the new and improved GUI. Something like that I would like to see for XMG. Just suggesting.  Roll Eyes

1. Wallet GUI does not change anything. More important is to provide complete wallet, with all the binaries compiled and possible to download from the coin homepage. Just like other coins and not only qt executable file like is today for XMG.

2. For me professional and fully involved dev team is more important that community making another pictures with XMG on it.

You do have a point there mate. Having a new GUI might not be necessary, but I would certainly give a fresh new look and feel to the coin. For now, the most important thing is usability. I hope that the new wallet could have certain speed ups like the splash screen. It takes some time for the client to load you know.  Sad
11126  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: February 14, 2016, 08:28:37 PM
Some updates have been made to the TEKcoin github(Thanks Noise23) including the addition of the new logo(thanks LadyWhaleCoin). Hopefully we can round up some compiles for everyone soon.

That is great news for TEK. I am hoping for the next release to be a better one. Hopefully then, TEK would have a wallet for mobile devices such as Android or iOS. The new logo makes it feel like a brand new coin.  Cheesy
11127  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XMG] Coin Magi | CPU mining | PoS-II | PoM | Unique BLK reward | [MagiPay] on: February 14, 2016, 08:19:53 PM
XMG price is still low

It can go 2000 times lower... Grin

not the bottom it can go towards a LTC/XMG traiding pair....

but i dont expect this to happen

the strong point of XMG is still the community

i was thinking before the stringest point is the dev

but actual activity level made me downgrade that asset value.....

hope joe bring a kickass new wallet release to prove me wrong

You are right indeed. As it is not about the prices of a crypto currency, but development and community to make it succeed, I would like to say that is has been doing pretty good when compared to other alt coins. I understand that dev is busy sometimes, but getting a new wallet is not very far than what I least expected. If we could get a killer new GUI for the wallet, then I would certainly make XMG rock!

Take a look for instance at CasinoCoin's wallet and see for yourself the new and improved GUI. Something like that I would like to see for XMG. Just suggesting.  Roll Eyes
11128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Expanse (EXP) - Fair Launch, No ICO, Community DAO, based on Ethereum on: February 14, 2016, 08:12:04 PM
I have a more serous question about this project. As far as I understand it the only real innovation is the community DAO, which by itself is not really that innovative at all, there are other projects that have already done this.

However as far as I understand it, this is being presented as an alternative to Ethereum. I do not see what is wrong with Ethereum however since its launch was fair. Ethereum still requires a lot of development work, and I do not see how this project will be able to overtake the network effect and development that Ethereum has. I am even wondering if Expanse will be able to keep up with updating when Ethereum is updated and changed.

Furthermore I do not think that the governance of Ethereum is necessarily flawed. If you really wanted to tackle that problem there should have been a allotment in the block reward that allocates a certain percentage to Expanse funding which would then have to be voted upon by some process. Dash and Bitshares are both examples of such a process. Having a singular pre-mine like this which is supposedly decided upon by the community, with such a small group of founders, and small community I do not necessarily see that working out well.

I do not see any type of great innovation or need that this project is filling, besides maybe peoples greed wanting to jump onto the "next Ethereum" as Ethereum is currently going parabolic.

So yes I am here critiquing this cryptocurrency. Please correct me if I am wrong with a convincing argument and I might even invest myself. Wink

This will be personal opinion, and just from myself, but I am not a fan of ICOs and I have never liked them. Having an ICO and a premine feels like double dipping to me, taking as much as possible. if you prefer them then we just disagree a bit, but this is a huge difference. I also think mining is a better means of distribution, more fair, since there are more people with video cards than who can afford buying into an ICO. I also think using a reserve to bring in new talent, rather than raising outside money gives the platform and community more freedom and less outside control.

We have over 200 people in slack, I have over 5000 in the crypto club, and we have around 30k followers on social media total (the team). That is still small of course, but very focused on cryptos, so we do have a small group of loyal people. We also have connections to marketing people and plenty of plans. Certainly there are risks, but we started with nothing and plan on building something amazing out of it. I don't think anyone should get involved unless they want to, but for anyone that likes ETH, it likely wouldn't hurt to keep an eye on EXP as well.

Well said. I think that we should give EXP more time to grow in development as it will surely prove as a better alternative to ETH someday. It is just about time and patience to achieve great results. Being a clone of ETH and considering its price, makes it great choice with all the same features (and maybe even more) as it. It is like paying less for using the same features. In this case it is Expanse and I hope it could come up with new and exciting things as days go by.

Prices have started to decline for EXP, but still makes it a great investment for the next pump. Enjoy the ride!  Grin

P.S. Looking forward for Borderless.tech to become a reality.
11129  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] AIDEN | 1st to use sCrypt-OG (GPU Optimized) [v0.10.2.2 Released 7/10/15] on: February 13, 2016, 06:38:32 PM
aiden will be up like exp and frk (same dev). i will pump aiden

Thanks for your support to this awesome crypto currency. I have found it myself useful for mining and have gotten into it recently. Just hope for it to get more trading activity into the exchanges. As far as I know, it is only available at Poloniex exchanges right? If so, it would be nice to be added to other exchanges as well.  Cheesy
11130  Economy / Services / Re: [Crypto-Games.net] ★Signature Campaign★ | Best Rates | Full M. - Legendary[FULL] on: February 13, 2016, 06:35:30 PM
Paid to this week participants!
Transaction id:
https://blockexplorer.com/tx/0ec8891f5961a3f784a550109fb59379cfff1fd52f24bd1488d3d75874baeb78

Leaving positive trust is appreciated to me, Joter85 (co-owner) and to user Lutpin who is an manager of this campaign.

I have received my payment. Thanks once again!  Grin
11131  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CSC] ♠ CasinoCoin v2.0 ♥ New Wallet ♦ 2.5+ Years Old ♣ on: February 11, 2016, 04:52:39 PM
We're working on some stuff. Will be releasing something new in a week or so. Andre is also pretty busy with his mobile wallet dev.

Those are wonderful news. I wonder when will we get the chance to get some Prypto cards? I'm just eager to get one and spread the word of CSC to my friends.

I hope that 1 CSC would be equal to $1 USD real soon.  Smiley

Say, I wouldn't be bad to get a CSC debit card to spend it in stores wherever MasterCard or Visa is accepted. That would definitely be a great way for CSC mainstream use. Just a suggestion  Roll Eyes
11132  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Expanse (EXP) - Fair Launch, No ICO, Community DAO, based on Ethereum on: February 11, 2016, 04:45:03 PM
That exp explode i was waiting for the for a long time and now enjoying it Smiley

Price of EXP is rising like hot cakes. Now it is the perfect time to profit. I should've bought more EXP when prices were cheaper at $0.04.  Sad

I'll guess I will just have to wait until there is a price decline to get into the EXP train.  Grin

Once ETH hits homestead release, things would be even better for Expanse. All is just a matter of time and patience.
11133  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 11, 2016, 04:34:55 PM
unreal volume. not just on polo, but all other exchanges.

Ethereum also has the largetst volume in Bitterex. The rise is supported by large volume.

Any idea of the next peak price? $10?

Ethereum keeps growing in volume on different exchanges. I have no doubt that it would reach $10 or more in the next months. Just wait for 1 or 2 years and you will see when 1 ETH will be equal to 1 BTC. Do you think this might be possible?  Roll Eyes

Anyways, I think it is best to buy more ETH while you still can since I doubt that the price will go any lower. By the looks of it, seems that it will just keep going up and up all the way to the moon slowly but steady.  Grin
11134  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WARP - Something different ---- VPN & SYNC ---- YoBit & SafeCEX ---- on: February 11, 2016, 04:31:08 PM
wait warp added to bittrex exchange, waiting for other information and be in this thread now, cheers

I think WARP will be added to more exchanges when they see further developments. For now, all I can do regarding the wallet client is work together with my devs to present a beta version as soon as possible.

No need to rush things. I insist on sustainable development and growth. If you climb too fast, you'll fall too hard.

Meanwhile there are other things to be done. I'll be looking to some refreshments real soon to keep and expand interest. It's clear that people need constant updates. Smiley

I couldn't agree with you more dev. Let's focus more on making the coin more usable and then we could see additional stuff like the addition of new exchanges, etc. An unstable coin is most likely to fail so the top priority should be to make Warp as best as we can! Together as a community we could make Warp reach out new heights and possibly reach mainstream use.  Grin

As for the upcoming features for Warp, I can't wait once they are released as it will definitely get more attention from investors. I am buying and staking Warp as usual.  Cheesy
11135  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [TEK] TEKcoin Hi-PoS hybrid pos/pow no premine/ipo/ico on: February 11, 2016, 11:41:29 AM
DEV send some Tek

TEK BZYSqxKK29KUAsuTTGSZkkrgWuRSBNTakv











That is pretty awesome. I just hope that we could get a new wallet with the new Tekcoin logo as shown in this picture. A few extra adjustments into the interface would not be bad as well. Right now, TEK is doing pretty well on Cryptopia exchange. Maybe then, it would be added to Bittrex real soon. Just wait and see.

I'm just going to keep buying and staking  Grin
11136  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Hybrid PoW/PoS | btcsuite Devs | Tons of New Features | Go on: February 11, 2016, 11:16:40 AM
I've never seen a coin that hit bittrex on the second day after its launch Cheesy
283 btc volume on bleutrade. I'm curious how much will be at bittrex Cheesy

Impressive. Decred is gaining more traction on the exchanges with price going towards an upward trend in only a couple of days of launch. It also has a pretty good volume so it's off to a good start. I wonder how everything would be once Decred gets to be worth as much as a Bitcoin. DCR at $400 here we come!  Cheesy
11137  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Qora | POS | Assets | Names | Polls | Automated Transactions | Social Network on: February 09, 2016, 07:20:17 PM
Version 0.25.0 is coming with great changes!


Awesome. Looks like Qora will be rising in both development and price. I hope it will go to the moon someday. Prices are really cheap for Qora if you tell me. Being a great alt coin with powerful features, I sometimes wonder why is it undervalued? Maybe people hasn't realized its true potential yet.  Roll Eyes
11138  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: February 09, 2016, 07:05:38 PM
Homestead website preview (leaked)!
http://dipl.me:3000/

It looks epic. I can't wait to get to the Homestead release. It is going to be much more exciting than what it is right now. Seeing that the price is rising like hot cakes, it looks like it might be the perfect opportunity to invest more into ETH while I still can?  Cheesy

Do you think that Ethereum would be able to solve Bitcoin's scalability issues? I hope so.  Smiley
11139  Alternate cryptocurrencies / Announcements (Altcoins) / Re: WARP - Something different ---- VPN & SYNC ---- YoBit & SafeCEX ---- on: February 09, 2016, 05:19:02 PM
I'm advancing with some payments for the current developments. Took 7 BTC out of the cold wallet to convert to USD and send it to escrow service.
Meaning that good advances are being made Smiley

Other thing I want to introduce soon is the WARPLAB. I'm gonna create a little hub platform where users can register and insert their skills, regarding programming, marketing or any kind of useful service they can provide. It will be a small circle of experts in several fields that can help WARP moving forward. The link will be up soon.

Another awesome feature for Warp. Well done. I have become more interested into Warp itself, that I'm going to hold lots of them for the future. Will follow this thread regularly for updates. I hope that someday Warp could become used as a mainstream currency. It would definitely be a success.  Cheesy
11140  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DCR] Decred - Hybrid PoW/PoS | btcsuite Devs | Tons of New Features | Go on: February 09, 2016, 05:11:19 PM
Decred added to another exchange - C-Cex: https://c-cex.com/?p=dcr-btc

Great! Now that Decred has been added to C-Cex it is time for it to be added on Safe-Cex and Bittrex as well. I am just waiting for the price to come down a little bit to buy some DCR. I assume that the first days of launch, it will be where it going to get pumped hard. If development for this one goes successful in the long run, I will stay with it.  Grin
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