i sometimes think about it whenever i see how terrible the situation with the altcoin market is from time to time. the need for some authority figure to slap the scammers on their wrist is felt in this market.

but then when you really think about it, a regulatory body is not going to solve much. they will introduce a lot of restrictions and also taxes in some countries big taxes which will push people to unregulated parts and the scams will continue. specifically when the scams such as pump and dumps can be more profitable than anything natural!

when an altcoin like XRP or ETH or a lot of others are getting pumped that is not called a "game changer", there is no game and there is nothing changing in this scenario! what is happening is that the most common thing is happening: a pump.

and yes, pumps will happen in the future too. the only thing that you should be asking is "how can you make profit from a pump".
and contrary to common newbie belief, profit from a pump doesn't come from holding that coin. instead the profit comes only if you invest short term.

your title is so strange that i thought it must a be trolling news because $8700 is nothing when it comes to hacks. and reading the news it is saying $87 million. and i have to say it is a large amount of money but certainly not the biggest. we have had much bigger heists in the past which have recorded. maybe this was the biggest one that they "caught".

i don't think so.

whitepaper is one of those things that can be a deal breaker but its existence is not determining anything.
in other words if an ICO has a shitty whitepaper with broken English and nothing to say as its content then obviously that ICO is not worth looking into.
but if the ICO has a well written Whitepaper that  doesn't have to mean it is a good ICO.

i am sorry for the loss that you have been experiencing but next time try to check the history of the market you enter before jumping in with your head first bag holding 10 different altcoins which are not even different.

this is what has been happening to the altcoin market for years. they get pumped and dumped. and each time bitcoin rises they get dumped a little more. that is normal. try to enjoy the pumps and stay away from the dumps so that you can have a more successful presence in the altcoin market.

you should never buy coins just because their prices have dropped. that is the riskiest investment that you can make in the altcoin market because most of the times these altcoins dumps won't end there, they will continue going lower and you can potentially lose a lot of money.

what you need to do is to buy when their  dumps are over or when they are starting to rise back up again.

this has to happen and you either need to patient until the dumps are over or you can day trade or short ETH to make more profit during its downtrend but it is something that you can not avoid. the price has to drop to make the ethereum market healthy again. so far we have been in a big bubble and nothing about a bubble is healthy or sustainable!

ethereum is not really large, it just has a big market cap which makes people think it is large. then that way of thinking led to a lot of ICOs be created on it which made it bloated but not still large. and that is one of the reasons why it has been falling, because of ICOs getting out and the hype of them slowly going away with their numbers dwindling.

there are only two types of people making this kind of topics these days.
1. the bitcoin accumulators who want to buy more and more bitcoin and are always hungry for cheaper bitcoin to buy so they want others to panic and sell their coins to them. there is only a limited number of bitcoin available!!!

2. the altcoin bag holders who don't have any bitcoin and their altcoin is getting dumped. every day, every week,... they look at their "portfolio" and see they have lost another 20-30% while bitcoin price i still the same or even rising so they get mad and start silly topics like that.

one thing that i have found out about TA is that you can always draw your lines in a way to hit any price that you want. but that doesn't make it right. in case of bitcoin, there is no descending channel. there is a strong bottom instead which is not being broken so far.
the only way it will go below $6k at this point is if ETF is rejected or some other bad news comes out. not to mention that we might see a rise to something like $8k before the ETF rejection and that can only bring it back down to $6k again so we may not even see lower prices ever!

this is a good example of shortsightedness.

what you call "rise" is merely a small recovery of altcoins gaining back the huge amount of price that they lost in the past 48 hours. it is similar to correction when price is just recovering from a big change in this case a massive dump.
it is like celebrating when price falls from $500 to $100 then rises to $120

personally i believe that no altcoin is ever good for holding (long term investment). they are most suited for short term trading which you just take the profit and move to the next one.
but if you want to do it, in the current market situation that every altcoin is bleeding hard it may not be such a good idea to make decisions right now. i would wait for the rising signals to start coming out before making an investment.

1-2-5-6 are basically the same thing. you are saying get paid in cryptocurrencies for the things you do, it can be a job or it can be selling something or advertising which is selling your traffic basically.
the big problem with this is that nobody else is willing to pay you in altcoins! everyone is only investing in them not using them outside of exchanges most people even keep their coins there!

3-4 are bad suggestions because faucets and generally micro payments are a waste of time. the time that can be spent earning a lot more money doing real jobs.

first of all a miner is not a validator! i am surprised that the quote is from a developer! a node is a validator and a miner is a worker finding blocks, nothing more.

i also have some concerns about this.
i am wondering what that "validator node" is going to be. for example who chooses that node? ethereum network is already headed towards centralization of nodes because of the extremely large size of its blockchain (1.1+ TB) and soon it will turn into a master node kind of thing where only exchanges and mining farms and web wallets would run a full node and the rest will use pruned and web wallets version.
so the decision would already fall to the centralized master node.

now the concern is that if someone already has enough money to own 51% of the hashrate they also have enough money to attack those "centralized observer nodes" and put them effectively out of the network by isolating them and have their own nodes replace them effectively succeed in their attack.

of course this could work only if the network was actually decentralized and people were running enough number of full nodes (not pruned ones) to prevent these types of isolating attacks.

just my 2 satoshis. thanks for sharing the article.

bitcoin has not been bearish for a while now. price is more stable than anything else. and as you can see it keeps on coming back to $6k bottom no matter what they do to it with their manipulation and panic sells because it is a strong bottom.

the way you trade right now is either buy the dips and sell the highs after the recoveries which can take about a week or even shorter. for instance buying at $5880-$5950 today and selling it above $6k could have been a profitable day-trade.
OR you buy the dips as your long term investment in which case you place buy orders all around $6k to fill them up slowly.
 

this topic is already old and the same answer was given back then and it was as false as the answer you gave it today.
when we are in a bear market and prices are going down like this, it is NOT a good time to buy UNLESS you want to day trade which means buying in the dips and selling immediately after the recovery. for example you buy ETH at $250 and dump it right away at $255-$260 for a small profit and let it go lower.

otherwise stay away until bubbles are popped completely.

somebody who chooses the name "Merkle_Tree" should know better than to make such silly comments here
transaction sizes are larger in BCash network which means you have to pay higher fees.

for instance when i create a transaction in bitcoin with 1 input i pay 146 satoshi but if i make the same trasnaction in BCash i will have to pay 192 satoshi which is 1.31 higher fee in BCH.

now if i had 5 inputs then the transaction fees would become 1.43 higher in BCH

lets not forget that a couple of months ago people were saying "$900 is too low and i will buy if it goes there". then price got dumped there and then the same statement was repeated for another price level and we are still going down.
right now $150 to me looks exactly like $900 price that was being repeated at the time.

you should not ask such questions here. if you can't answer it yourself then don't invest.


i didn't say it will be exactly as ETC, i said ETC is the real value of ethereum and ETH price will be close to it, possibly higher because it is more hyped up.
and ETH is a fork from ETC, Ethereum Classic is the original chain which remained immutable.

it is not a misconception, it is the reality of this token. it is designed to be used for smart contracts and smart contracts have been used ONLY for ICOs for the past 3+ years and nothing else.


all of the things you said are summarized in one thing: smart contracts.
these are not different things.

also saying a token designed for smart contract fuel is used for "payments and p2p transactions" is very misinformed. you need to read ethereum's paper.

you are forgetting the wave of panic that the drops cause. going from $350 to $250 creates a mass panic sell that now there is a huge number of transactions from people sending their coins to exchanges to sell.


i have heard about the cap, also about sharding, also about switching to PoS, also about a 100 other things for the past 2 years and none of them have ever been started yet. so i wouldn't keep my hopes up.
besides 120 million is still HUGE!!! bitcoin is capped at 21 million.


no doubt about it.
you can see my old topic here too: https://bitcointalk.org/index.php?topic=1764234.0
bottom is where you should always buy at. not in the bubble. and one of the signs of the bottom is when nobody is talking about ETH anymore. when there is no more newbie accounts telling you how it goes to $2000+ that is when you know it is at the bottom.

what do you think is the real value of ETH ?

the only usage is for ICOs and they have been dying or losing their market at the very least as they either get banned or people simply stop trusting them anymore.

as for its supply, it is huge already. we have passed 101 million ether already and there is no max amount to it either. we will see it increase indefinitely.

in my opinion the real value of it is visible on ETC so ETH should also be wort the same or at least near that price which is why $50 was my choice.
what do you think?