Thanks but it's not clear to me. I want to fund my Paypal, not buy Bitcoins with it. So if I link the debit card on Paypal, I can add funds (fiat) to my account. I guess it's possible since you can get cash in an ATM with Xapo debit card but for this it's still confusing in my opinion, can anyone confirm this? Yes it is possible: i linked my xapo debit card to my paypal and i use it as my main funding backup. Smooth enough. Really? that is amazing news, I'll order a debit card soon and try it. I don't understand why people insist on selling Bitcoins for Paypal elsewhere if this is a viable and secure option... |
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Portland Trail Blazers 105 - 116 Golden State Warriors
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Lol, are you still mad bros??? the crazy thing is that you still have time to jump on the wagon, even weeks and months after you guys said it was all a bubble that was gonna pop in the next hour. https://www.bitfinex.com/pages/announcements/?id=93Maybe when ETH passes BTC in market cap you will listen. |
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Some ML predictions for tonight:
Washington Wizards @ Utah Jazz - Utah Jazz @ 1.56
My money is on the Jazz on this one, I can't see the Wizards pulling a win at Utah (not that it's impossible) but I think the Jazz will take this without many problems.
Orlando Magic @ Sacramento Kings - Sacramento Kings @ 1.9
The Kings are playing well recently and the Magic are always a question mark for me. This can go both ways and it's a very risky bet but the odds are great for either selection, I'm going with the Kings
I'm waiting for points line for GSW game, depending on the odds, Under 215 could be a good bet.
Good luck everyone!
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Thirdly, what happens when the price of GAS gets too expensive and the network becomes uncompetitive ? One of 2 things:
a) other smart contract networks start appearing which are more competitively priced and featured (since they have the advantage of watching the mistakes in the first one)
b) the Ethereum network simply issues more GAS tokens to lower the transaction fee to a competitive level (that's my assumption but better confirm this as I'm not quite sure about how this mechanism works)
GAS is just a way to represent the cost of transaction independent of ETH price right? If ETH price increases too much, to let's say $1,000, it's possible to reduce gasPrice, so I don't see this scenario you describe of the Ethereum network becoming uncompetitive because of ETH price. If the Ethereum rises a lot in value to say $100 each, can we use less Ethereum to fuel the transaction, or the gas required in Ethereum is fixed? I don't know much but I think the price adjusts of course, it did with Homestead. The price is negotiated with the miners too. It's logical because having "only" 77 million (if you buy 77 ETH you will join the million club hehe) and being highly divisible kinda gives away that it was meant to have a "high" price. How high we don't know, but $10-15 is extremely cheap if this gets adopted by companies, banks, institutions worldwide...that's why there's so many speculation around it. |
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So are we still debating if ETH price is artificial? This will continue until there are some major BTC news but the near future is grim as hell. I'm very surprised of how well BTC price held, although I'm still believing that many people are buying BTC just to get ETH.
Many deals and announcements will be made on Monday once Homestead is released, there are talks about new exchanges accepting ETH once is out of beta.
Psychologically I don't think people will be settled until they see around 15USD to start to believe. Though other coins have been here before, e.g. DRK. I don't know, I think $10 for me is a huge barrier, even $5 for certain coins is quite an achievement. I think we are a deal or an announcement away from a huge spike that could potentially be a paradigm shift in the cryptoworld. BTC fanboys are still undermining ETH potential, if this trend continues I don't know what could happen. Nothing last forever. BTC can still survive as a storage of wealth in my opinion, but it's very clear for me that Hearn's words were deeply prophetic and full of truth. It failed, it had its time but it never got adopted massively. But if Bitcoin wanted to be some sort of payment system, it failed miserably and that's a fact. |
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So are we still debating if ETH price is artificial? This will continue until there are some major BTC news but the near future is grim as hell. I'm very surprised of how well BTC price held, although I'm still believing that many people are buying BTC just to get ETH.
Many deals and announcements will be made on Monday once Homestead is released, there are talks about new exchanges accepting ETH once is out of beta.
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Cleveland Cavaliers 104 @ 117 Sacramento Kings
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Could someone explain to me what's happening in simple terms and how the F do I get my money out? I've checked BanxForum but no detailed info is given, thanks.
you probably will never get your money out. you can try via bitshares DEX soon I guess. doubt someone will buy this crap though Luckily I've never invested in this BS, it was just a giveway...$25 but still it's free money, I should just give up. |
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Washington Wizards 99 @ 106 Portland Trail Blazers
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Could someone explain to me what's happening in simple terms and how the F do I get my money out? I've checked BanxForum but no detailed info is given, thanks.
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ether is just a toy for big sharks. stay away  That made me laugh, I don't know did u even do some research about ethereum?? When I first heard about it the first thing what I did was find as much info about it as I could. And I really think it is going to be something big, not bigger then Bitcoin, but at least a good number 2. I mean come on Litecoin is almost the same as Bitcoin why would I use Litecoin over Bitcoins.. We needed a good number 2 and Ethereum is here to stay and grow. Especially since they have good connections to the financial and political world! Sounds like you are trying to create a problem to justify Ethereum as a solution to the problem. The problem does not exist. We don't need a "good number 2". Now if there is an actual problem Ethereum actually solves in a novel way, it may become a "good number 2" but becoming a "good number 2" is not itself a problem. I flush "good number 2"s down the toilet every day. We all know Bitcoin is done as a payment system. Plus due to its bad image no company or serious institution will touch it, ever. Just ask corporate persons and investors what they really think about Bitcoin, it's a joke. However it can still find a way to survive as digital gold and storage of wealth where instant transactions and fees are not really a problem. Ethereum has a huge potential of becoming something even bigger than Bitcoin, which has failed time and time again during all these years. That doesn't mean it will, but just how organized and ambitious it is can tell you something about its intentions. |
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Wow I didn't see the game but a win for the Lakers against GSW...I hope you guys didn't lose a lot of money in such upset. I wonder if the Warriors could stay undefeated for the whole season, could be a good strategy and bet on them on all the remaining games.
Well i didnt lose money on this game. I made a profit! https://directbet.eu/BetStatus.cshtml?BetID=12hmNGEEtZApVqqZt15cWd4bWiY7tVRjRiAmazing man, congrats! I always like to post long shots predictions but I would've never imagined the Lakers had it in them to beat the Warriors, even in a bad game. Nice bet. |
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Wow I didn't see the game but a win for the Lakers against GSW...I hope you guys didn't lose a lot of money in such upset. I wonder if the Warriors could stay undefeated for the whole season, could be a good strategy and bet on them on all the remaining games.
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Well, there's the retrace! 27% drop. Now it's the wait and see game - do we survive or do we go down further. I'm open to both possibilities, but I know which way I'm betting personally  Although we both have been following this for some weeks now and so far I can say my predictions were correct, I must agree with you that right now I'm feeling scared since we are entering the "paradigm" shift of every bubble if this is what it is. The recent spike is just too sharp to be sustainable even by crypo standards. I mean for me it's all good and extremely profitable but we are entering unknown territories.
I have like 75% of my portfolio in Ethereum and the rest in BTC but I will be willing to buy more ETH as soon as I see a drop, it just doesn't seem to stop, I think I've missed the under 10 USD window...
Credit where it's due - you were right about it going above $10. I thought 0.0178 was the top and I was wrong. I think we can agree that that's a very healthy shakeout since the rise in the last couple of days was just too much too soon. However nothing changed, BTC is still in trouble and Ethereum is still above $10 with plenty of interest in it (There's almost 14k BTC buy support at Poloniex). These dips happened all the way up and people called the end of the bubble each time. |
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Even knowing it's a bubble you can still make money, and the thing is that you don't know how long momentum is going to be in the up direction. Could be for a while.
Exactly, the way things are going (Bitcoin isn't going to get any better any time soon) Ethereum have a very clear road to keep the uptrend unless some very bad news start popping up. The problem is that every week is quite the contrary, new deals, dapps coming up and other positive announcements. And if the mainstream media start positioning ETH as the upcoming Bitcoin killer, well, we'll see another kind of bubble altogether... |
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Agree with OP.
I mentioned elsewhere that if you look at Poloniex volume for the top 10 alts, they've all shot up around 10 - 40 times in volume in the past month or two. To me this means that there is simply massive speculation going on across the board. Regardless what anyone thinks of ETH fundamentals and long term, it's clear that right now it's way too high. It's due for a huge correction any time imo.
Please, there's massive speculation because Bitcoin is falling to pieces, is it so hard for you to comprehend? It may be alright at the end but in the short future is doing very bad with problems coming from every angle. Ethereum on the other hand has its shit together, they have plan, there are very serious professionals and developers handling it all. If you put that along with the huge potential it has (it's still not a reality, let's face it) and the attraction of companies of Reuters and Microsoft that Bitcoin would never get, well it's all very clear. It may be a bubble but a justified one not a p&d, there's actually interest in Ethereum and ETH will need to be used if companies and dapps start getting developed contrary to other coins that no one actually use, they just hoard and hoard and then the project dies because there are millions like these that are exactly the same. |
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Would you care to explain since you did the research?
I can't explain all the technicals aspects because I'm not a developer, but you clearly don't know anything if you are saying that 1 ETH should be 1 USD or something low like that when there are only 72 millions and the ultimate goal is to be adopted by mainstream corporations and institutions. I remind you that BTC is unheard of in the mainstream world, no one actually uses it and got to $1300. Now you do your math and think how much it could be 1 ETH if it's actually useful and is as if not more divisible than BTC. Why do you think big corps or instis will adopt it? I rather see they fork or copy the thing as is, thats why R3 hired Hearn.... Banks cannot just work on open stuff, forget it. The problem is that this technology doesn't really work like that, it needs to be decentralized to work, just look at Augur for example. A blockchain adopted by Barclay could be just a fork of BTC, that's it, it's nothing too complicated. They can actually do a fork of Ethereum (although it's not as easy as it sounds) but what is the benefit of that? If we are pushing AI, decentralized servers, massive data collection, the only way to go is using a standard platform, similar to the internet which it's somehow decentralized except for its server and services. This would improve not only security (which is not minor...) but the possibilities are endless. |
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Would you care to explain since you did the research?
I can't explain all the technicals aspects because I'm not a developer, but you clearly don't know anything if you are saying that 1 ETH should be 1 USD or something low like that when there are only 72 millions and the ultimate goal is to be adopted by mainstream corporations and institutions. I remind you that BTC is unheard of in the mainstream world, no one actually uses it and got to $1300. Now you do your math and think how much it could be 1 ETH if it's actually useful and is as if not more divisible than BTC. |
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Additionally that would imply miners are hoarding ETH. In the whitepaper the developers said they did not want Ether to become a way for people to concentrate wealth, they wanted it so everyone has a fair change at owning units of the currency. This would seem counter positive to their goals then.
No they implied that ETH is to be used not hoarded and speculated with like BTC, that's why it will be POS. |
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