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NXT has nothin to lose. Go for it.
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If you're holding BTC, keep on holding for now.
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You could create a prediction market for that as well.  You can create a prediction market on that in Augur when it goes online. When Augur goes on line, the price of Ethereum will rise a lot. I think that is the first big app for Ethereum. [...]
The point is that scriptable block chains are something that won't mature and become a real adoption market until after many years from now (perhaps decades). The wild price rise of ETH is much too premature and purely hype.
This redudancy + partionning paradox is extremely hard to understand for a newbie who's native language is not even english... It would be really appreciated if someone could rephrase this paradox summing up with easy terms what is the issue and its consequencies  I am years ago of your computer science knowledge and I may stay years ago of your knowledge in this field for the rest of my life since it isn't my study field. Thank you in advance. Hopefully r0ach and others can offer their laymen's summaries. What you need to know is that Ethereum as it is currently designed can't scale just as Bitcoin can't scale, but the level of scaling which the current Ethereum can do is much less than even Bitcoin's current limitation because verification/validation of Serpent scripts takes more resources than verification/validation of ECDSA signatures. For both Bitcoin and Ethereum, this is not just an issue of block size limitation. The issue is that in order to scale, the mining becomes more centralized. I think you will should note that Bitcoin and all other major coins are entirely centralized already and on the precipice of failure (all of them! study my links!). Thus Ethereum proposed Casper which is a design that attempts to use sharding (a.k.a. partitions) to improve scaling decentralized. But I explained in this thread, that can't work. To reduce electricity consumption, Ethereum also proposed PoS-like consensus-by-betting with forfeitable deposits. PoS has known failure modes that violate Nash equilibrium. So the point of all this is that Ethereum and all the rest of the crypto coins have not yet solved the fundamental issue of decentralized consensus. If you want to read a theoretical discussion of why, I did that too. Okay that is enough from me. Adios. |
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BTC finally moving again. Hopefully some of you increased BTC holdings via ETH just in time for BTC's uptrend.
Good luck on your trades everyone.
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I agree with someone else who speculated the price will probably dump down to roughly the 0.045 BTC level (half the current price) or below (probably not to $0.30 cents but maybe), then find support until the upgrade to the next version. Then they will probably hype pump it again. It doubt anyone is going to try to challenge Ethereum in the interim time to their next upgrade. I speculate Ethereum challengers will come later in the year or next year. I place 90% odds on ETH never being the most popular crypto currency, so the long-term future price of ETH is bleak.You can create a prediction market on that in Augur when it goes online. |
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Wait for that sideways action.
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Is it true that he really support madesafe?!
He always support safe internet and everything.
Is he from Germany? |
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^ lol |
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It doesn't really matter if you bough yours for $5.5 or $1.5 - just keep them:
in a year from now I see the eth price around $60 (now you can laugh).
ps. I'll quote myself on Feb 16, 2017 in this thread.
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eth-price.com: eth price in USD, simple & minimal
I completely disagree. Although it would be sweet if it continues to go up and up, it just doesn't work that way. Your advice is a sure fire ticket to bagholder's land like what most of the people in this forum did by buying illiquid, low volume coins. |
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I have yet to see someone that gives a detailed technical Counter Argument to the Guys here which making me have doubts about ethereum "Long Term". Following this thread now
do you have a summary of what these doubts are long term? 8 pages is a bit much to read. Just read the 1st Page and 1st TPTB_need_war first replay on the thread. Basicly i was very enthusiastic about CASPER and Scalability potential of ethereum. Until i read some good technical counterargument, i'm reducing my investment in the ethereum project long term, which is best now since prices seems to be good enough for me. I just read: http://www.multichain.com/blog/2015/11/smart-contracts-slow-blockchains/they have some very good arguments, but does it mean ethereum is doomed? hard to say until they reach that point and possibly come up with another solution. you got to give it to them on the marketing front. That multichain.com article is talking about the lack of parallelization, but as I (and CIYAM and even Vitalik) have pointed out (both upthread and in my video), parallelization can be fixed by simply restricting the inputs of scripts to data from already confirmed blocks (i.e. do not allow scripts in the current block to impact scripts in the current block). That multichain.com article does not address my point about partition boundaries being impossible for scripting. That is my point and I am sure no one else has thought of it. I am the first to make that point. And this is a damning point because it means all validators (full nodes) must verify all scripts. And from that comes the other points I have made about why mining is forced economically to become centralized (and this applies to Bitcoin as well). Thus I have argued don't pretend that crypto currency has decentralized validation (verification) because it can't. And thus I argued just make the validation centralized and try to put the decentralized control else where in the design. Which is what I have contemplated for my design. Which I am working on. Ethereum could hire me to solve their problem perhaps. I wouldn't charge $18 million.  Fuserleer has been trying to teach the masses that miners of a successful coin always get rich. It is a necessary evil.
Good luck with that. One of the things that made Bitcoin great is consensus via economics that's advantageous for the individual and the group. |
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^ Again you speak the truth. But at the end of the day, it's the trading game that prevails. Why? Because everyone in this forum is out to make some BTC. Even the ones that appear smart and who 'care'. And the reality is they're nothing but sourgraping, self righteous hypocrites bagholding their mined scamcoins still hoping the money will get to their direction somehow.
WRONG. Don't assume all of us here are chasing "profits" i'm not.. which is why i am the only guy who seems to care about honesty. The rest of you just wan tot count your money.. PS: Mined ? ETH is an IPO scam coin launched unfairly . Not all but most. Those hypocrites should get off their high horse trying to pretend they're not chasing profits. And yes. Those sourgrapes who mined or bought BBQcoin or whatever stupid, worthless coin they're bagholding should stop whining crying scam this or scam that when they clearly missed the train all in the name of 'honesty'... Please... It's clear that most people who come here are for the profitzzz. What a bunch of hypocrites. |
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^ Again you speak the truth. But at the end of the day, it's the trading game that prevails. Why? Because everyone in this forum is out to make some BTC. Even the ones that appear smart and who 'care'. And the reality is they're nothing but sourgraping, self righteous hypocrites bagholding their mined scamcoins still hoping the money will get to their direction somehow.
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Sourgrapes.
A billionaire can't spend all of his money in 100 lifetimes. Petty lying just to steal the lunch money of other idiots on this forum is for low life scum. https://www.armstrongeconomics.com/qa/is-there-something-more-important-than-money/How new Alts / Scamcoins steal your Bitcoins
It seems every day a new alt coin pops up. They are easy to make - most are just clones of coins
that were programmed by someone else and just given a new name, a few graphic tweaks, etc. to make it look new.
It doesn’t take much work - a new scam coin is born. Most of the devs who create these coins have only one intention - to steal bitcoins from others. This explains how they do it.
First they clone an existing coin, make a few tweaks, make a website (which helps scam coins look legit) then they pre-mine a good amount of coins which they will dump later on.
After the coin is up and ready for launch it is Announced on various sites - bitcointalk.org, reddit, etc.
They get the coin listed on an exchange or two and then deposit a portion of their pre-mine coins they already
have saved up. They may make a few Bitcoins after their coin gets listed, but this is not the way they
intend to get your Bitcoins. They let their coin do whatever the market wants for a month or two, maybe try to hype it up a little thru various forums and trollboxes to help legitimize it. They don’t want to pump it as soon as it gets listed on an exchange - this would be obviously suspicious.
Then the day comes where they decide to make their move. They start by buying up the orders on
the exchange(s) to start driving up the price to give the illusion that their coin is starting to take of. This doesn’t cost them anything because they pre-mined the coins for free and the Bitcoins they are using to buy up the orders go back to them because they are buying the scamcoin from themselves anyways. After us innocent, unsuspecting users see that this alt
is moving up a large percent is when we start putting our bitcoin orders in so we don’t miss out on this coin that seems to be really taking off. As soon as enough orders are put in / coins are bought - when the scammer devs are happy with the amount of BTC they have acquired, they dump the rest of their pre-mined coins on the order book to buy
up any lower bitcoin orders still on the books. Congratulations, you have just become a bag holder of a worthless scamcoin that is back to its previous price of next to nothing, the devs have conned you out of your bitcoins and will let their scam coin die to start working on their next scam.
Thats pretty funny coming from a person who openly admits he's developing a scamcoin of his own. and the main target market seems to be "the idiots that browse this forum". In your words. You are the one daydreaming about becoming filthy rich from a scamcoin you develop. You've got issues. He's developing a scamcoin hoping it will be better than Szabo's/Satoshi's? LOL! Now I just lost respect for this pathetic bastard. Sourgraping, self righteous hypocrite. Clearly that's what he is... Why not just shut up and go on and make your useless apps bud... |
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Mark my words.
But who'll get there first? LTC or ETH? I do not recognise the existence of Ethereum. Scam coins don't have legitimacy in the Crypto sphere. Legitimacy according to you isn't the question here. It's who will get to $15 - $25 first...? Litecoin of course. How's it gonna do that? |
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I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.
Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.
Sure you did... And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit) this Ethereum is. Just curious, are you buying the Ethereum when your comments suppress the Ethereum price? So that you can buy more? He's trying to look smart. No one here takes him seriously that's why people love trolling him. Given that his assessment lines up with some of the smartest people in the room, I'd be careful making proclamations like that--I'd also be wary of Eth's price reflecting his and other's assessments of Eth's possibility of doing what it claims it will be able to do. Sooner or later expectations get measured against reality and playing the market (when over exuberant expectations are likely in play) is like a game of chicken with Reality in a snow storm--you know it's probably coming, but do you WHEN to change lanes? Yep. Plan your trades and trade your plans. |
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Mark my words.
But who'll get there first? LTC or ETH? I do not recognise the existence of Ethereum. Scam coins don't have legitimacy in the Crypto sphere. Legitimacy according to you isn't the question here. It's who will get to $15 - $25 first...? |
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the price of Ethereum is too unpredictable. It is very volatile. Do you think the dump has finished?
Who knows... But 1 billion market cap is possible if the current uptrend continues. |
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Mark my words.
But who'll get there first? LTC or ETH? |
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