Bitcoin is too inflexible for what Ethereum is trying to do and vice versa. With Bitcoin Ethereum has a safe and reliable store of value which it can integrate into its systems. With Ethereum Bitcoin has a platform uniquely suited to expand its potential. It's a win-win situation.
When and how did Ethereum solve the two-way-peg-problem that is required for it to "use Bitcoin as a reliable store of value which it can integrate" ? Ethereum will not work like a sidechain. Distributed apps running on ethereum will run Bitcoin wallets and operate them through smart contracts.... I think. So you're saying that it's possible to move bitcoins back and forth from the Bitcoin blockchain using an outside D App without Bitcoin being aware of it and without a trusted third party ? Interesting. (I am pretty sure that it's not possible) No, that's not what I'm saying. The bitcoins stay on the Bitcoin blockchain. It's no different from me or you or Circle's system using Bitcoins. Except it's an Dapp doing it. |
|
|
|
But how does that even...  |
|
|
|
Bitcoin is too inflexible for what Ethereum is trying to do and vice versa. With Bitcoin Ethereum has a safe and reliable store of value which it can integrate into its systems. With Ethereum Bitcoin has a platform uniquely suited to expand its potential. It's a win-win situation.
When and how did Ethereum solve the two-way-peg-problem that is required for it to "use Bitcoin as a reliable store of value which it can integrate" ? Ethereum will not work like a sidechain. Distributed apps running on ethereum will run Bitcoin wallets and operate them through smart contracts.... I think. |
|
|
|
The problem according to anarchists (and other collectivists) seems to be that people they disagree with get to vote as well. Anarchists and other collectivists?? WOW. (See link in sig, if you want to learn anything...) I'm sorry to tell you that there's nothing there. He's saying stuff every 14 year old have thought about, but in a way you only will hear in a cult or a sect. If you really want to know something about the world you're living in, and about freedom, then here's a list to get you started: - Plato: The Statesman
- Hobbes: Leviathan
- Descartes: Meditations
- Kant: Groundwork of the Metaphysics of Morals; Critique of Pure Reason; Critique of Practical Reason; Critique of Judgement; Metaphysics of Morals; Perpetual Peace.
- John Locke: On Liberty
Yes, read the authors that have been prescribed to you and put in your face since you were young, so that you won't notice how you are serving a control system that subtly "enslaves" your mind by means of making you believe that the violence-premised systems of control such as "democracy" and "government" and "authority" are benevolent forms of and the pinnacle of human organization. Keep doing that and shilling for "democratic" max blocksize increases that are probably engineered by the same control system so that you'll help to (temporarily) hinder the advancement of one of the largest threats to its largest control vector (centralized debt-based money). What on Earth could make you believe that those 5 pre-Internet authors could in any way be able to offer an appropriate analysis of our world today? Why is it that you have even heard of them, and not about <insert any number of actual contemporary researchers>? I can answer the question, of course, but I'll let you ponder it... if you haven't completely lost the ability to think for yourself, that is. Pfffhhh...pre-internet.. Those and other philosophers like them are the foundation of all science. You can't have proper science without a proper philosophy of science. And to have a proper philosophy of science you need to have some key advancements in epistemology in place. Btw, how "free" is your mind if you're afraid to read this stuff? If anyone else talked like that to you wouldn't you be worried? |
|
|
|
Hmm, only $3 more growth for ETH (+53%) and it reaches 1/10th of Bitcoins market capitalization and there doesn't seem to be any serious dumps comming...  Where can I short ETHs? Poloniex ETH pumpers right now: https://www.youtube.com/watch?v=zZuH4_Zn6YMDidn't help that the sell button didn't work. Ahhh.... Mt.Gox...  |
|
|
|
|
Turns out Polo's sell button doesn't work.
Oh well.
|
|
|
|
Don't think of Ethereum as a cryptocurrency. Ethereum is more a crypto-solution to centralized web services rather than financial services.
Think of its token, ether, as fuel for ethereum processes.
Nope. The only thing it is is a money making train right now. Incredible volumes. The only thing folks are seeing is profit. People would trade a token whose only function would be to make your dachshund sing like Michael Bolton if it made them similar money. Yeah well there is a reason why Ethereum is so popular. Can't blame the people who solely focus on Bitcoin for missing that, because, well, they solely focus on Bitcoin (and call everything else an altcoin). I saw someone compare Bitcoin to the gold of the internet based economy, and Ethereum to the fuel (the black gold) of it. Ethereum is way ahead of Bitcoin in enabling decentralised apps, where the token is the fuel for running these things. I think it's a shame that develeopment of BTC is so self centered. You can't just keep relying on having the biggest market cap. Developers should look at innovations elsewhere in the crypto sphere. Or be left behind one day. Bitcoin is too inflexible for what Ethereum is trying to do and vice versa. With Bitcoin Ethereum has a safe and reliable store of value which it can integrate into its systems. With Ethereum Bitcoin has a platform uniquely suited to expand its potential. It's a win-win situation. |
|
|
|
You worry too much. Core supporters have been begging for large block proponents to stick with consensus. Surely, when that has changed those same people will stick with the new consensus. Anything else would be hypocrisy.
I do not worry. You haven't answered my question. Consider a 50-50 split. Which one would you call Bitcoin?
In your hypothetical scenario you've already quoted how that works. |
|
|
|
Don't think of Ethereum as a cryptocurrency. Ethereum is more a crypto-solution to centralized web services rather than financial services.
Think of its token, ether, as fuel for ethereum processes.
Nope. The only thing it is is a money making train right now. Incredible volumes. The only thing folks are seeing is profit. People would trade a token whose only function would be to make your dachshund sing like Michael Bolton if it made them similar money. Well yes, if you buy eth now you're speculating. |
|
|
|
Hmm, only $3 more growth for ETH (+53%) and it reaches 1/10th of Bitcoins market capitalization and there doesn't seem to be any serious dumps comming... ethereum confuses me...unless it is billing itself the 'anti-bitcoin' among newbies/corp types..then I guess it makes some kinda sense ...bringing new folk/money into crypto but essentially don't get it ...to me looks like a pump (maybe new players being drawn into crypto on the FOMO principle) but again even say if ethereum as a coin has some good ideas ...what is to stop btc (or ltc) from that manner of their devs just saying 'cool' and upsurging those ideas and incorporate them into their bigger network and market cap? (stealing ideas is the human way to punch up a product/idea) again unless all the traction for ethereum is to 'stop' the evil bitcoin from masses of folk that believe the gov't/press/banker/ FUD on such Don't think of Ethereum as a cryptocurrency. Ethereum is more a crypto-solution to centralized web services rather than financial services. Think of its token, ether, as fuel for ethereum processes. |
|
|
|
Hmm, only $3 more growth for ETH (+53%) and it reaches 1/10th of Bitcoins market capitalization and there doesn't seem to be any serious dumps comming... Where can I short ETHs? Poloniex |
|
|
|
Why the FUD Lauda?
Is this something you really believe?
This is not FUD. Consider a 50-50 split. Which one would you call Bitcoin? If you fail to comprehend the viewpoint, well that's not really my problem. Now, remember that you had 5 regular bitcoins BEFORE the fork happened. After the fork, you have both 5 NewBitcoins AND 5 OldBitcoins. You don't have 10 Bitcoins. Bitcoins don't exist anymore, because the Bitcoin software has changed. Instead there are two competing altcoins (NewBitcoin and OldBitcoins), and everyone that had bitcoins before the fork has that same amount of coins on both systems.
You worry too much. Core supporters have been begging for large block proponents to stick with consensus. Surely, when that has changed those same people will stick with the new consensus. Anything else would be hypocrisy. |
|
|
|
ALL sellers should raise sell bar to 0,05  let's see what happens People will think the exchange is going AWOL and there will be a stampede against the exit. |
|
|
|
|
I am really impressed with this rise. Volume is looking good. We might have another leg up.
|
|
|
|
Maybe the Core bitcoin will crash to the $1. But not the Classic bitcoin if it is supported by majority of miners and service providers.
Technically there is no 'Core' or 'Classic' Bitcoin in that case. The original implementation has fragmented and is no more. I'd say that what you're left is are two altcoins. Bitcoin halfing is coming up in the very near future and will result in a doubling of the BTC exchange rate. With the sudden jump speculators will pile on and we'll see $1100 no problem.
What are you basing this on? There's a decent chance that nothing will happen to the price. I will buy bitcoins for $1 each after you and your Core supporters crash the market and then wait for the next new moon!  Go ahead, you will buy a bunch of worthless coins that nobody is ever going to touch apart from a small niche market (e.g. most of current altcoins). Why the FUD Lauda? Is this something you really believe? |
|
|
|
The question is when to go out before the dumping begins, kinda reminds me on CRAVE from last year. But i could be wrong Well, if you look at the charts it can't really go to the left. |
|
|
|
|
Looks like it will crash while I'm sleeping.
Oh, well.
G'nite Y'all!
|
|
|
|
So that's the next big scare. Using the threat of having your cat pictures and fromage recipes hacked to make people switch to encryptions The Establishment prefers. For our own good, naturally. hahahahaha Yeah... gotta take such NSA recommendations with a grain of Canadian potato chip. Yeah!  NSA are so silly. |
|
|
|
Carnival and the jazz fest are much better. Mardi Gras is more for alchoholics and immature boys who are impressed by a set of tits.
For that reason alone I will support Classic, just to make sure I'm on a different fork to you and your JazzCoin. /s Come on PissPukeFunCoin!! Yeah, a jazz fest is reasonably sophisticated and mature, but the very best, most mature thing of all is smoke-and-alcohol-free Mime Fest. In Canada! Fkn jazzers...
Anywhere but Canada.  I once ate a bag of potato chips from a batch where they forgot to put the salt in. Made me think of Canada. Imagine a desolate wasteland forgotten by God. Then cover it with snow. And then, sprinkle it with bears. |
|
|
|
|
Show Posts
