I dont think that Ethereum is a bubble! They performed very nice in the last years and showed their skills. I just bought my Ethereum bag early enough, so I dont need to care about some price movents at the top. They will see n nice rally in the future, they have new partnerships every few weeks. Its a good sign for me!
This guy must be trying to crack a joke. ETH, a bubble??? You are indeed correct. It is only bitcoins that can be given this title but any candidate from altcoin is not worthy of it. But I won't deny one fact that ETH is better than all other altcoins. Ethereum is not a bubble. It has strong user community support and it is actually useful.
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You cannot blame ethereum for scammy icos,
I think they are just being used in the images.
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It's a phony man made bubble. Almost ZERO fiat flows into ETH, instead just BTC whales working TWO exchanges. Expect major price correction this year. Speculative opinion is 400% loss.
I thought many big companies are using the ETH smart contracts.
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ETH is a big bubble in the market I had sell all my ETH, I earn some money and I don't lose it in the market
I did the same when the ETH was just $5. The price is $200 now.
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could be a possibility if one can't find the h81 pro btc or the tb250, but be aware because that motherboard is not designed for six card and if you put 6 card with high wattage without the double molex you might screw something, fot this reason i only trust asrock or biostar If you use powered riser, it should be fine.
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Why doesn't anyone talk about the fact that there is still no limit for the supply? This is one of the reasons that lead me to not invest, in addition to scaling issues, of course.
As long as the coin supply inflation is less than the rate of economic growth, it is fine. The planned inflation will be very low in the future.
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Judging by this metric, I would say so. Block reward inflation in the top 5 PoW cryptocurrencies: 1. Bitcoin = $2,038,522 USD per day 2. Ethereum = $61,039,787 USD per day 3. Ripple = not PoW 4. Litecoin = $173,088 USD per day 5. Dash = $133,472.88 USD per day
Surely the miners will eventually start dumping, then the whales will panic and join them. You think 61 million dollars worth PER DAY, is just miners? I don’t think so, if you look at poloinex for example that ETH has one of the highest volumes every single day. Which means traders love it and people love to trade their coins back and forth on btc-eth parameters. I don’t think it is a bubble, I believe it is a valid altcoin, not gonna be 1 million per coin type of crazy things like people expect Bitcoin to be but definetly has an upside in the long term. No. 61 million USD a day is just the inflation that is currently being created by mining. Surely not all of this is being dumped everyday, as surely there are some believers and holders, but I would imagine a large percentage of it is indeed being dumped. Most miners generally dump whatever they are mining for Bitcoin, or whatever other alt they are interested in. Eventually, this inflation will catch up to the value and the price will drop back to reasonable levels. The market is showing signs of a correction already. I believe it is a valid alt coin too, and a promising project, but I like to be realistic. It is overvalued for what it provides at the moment. There are not really any useful and working smart contracts at the moment. Maybe one day the current valuation will be appropriate, but now is not that time. Does it mean the ETH is very popular?
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ETH has some strong supporters and much things in development ("appwise"). That's why I don't think that it's a bubble. I own some coins and intend to hold them at least to next year. I know that keeps me from to gain some trading them, but I don't have the time, luck or knowledge to do it anyway. I believe that the future will have enough room for more than one crypto and I bet that ETH will be one of them.
As long as there are more users and developments, it is not a bubble.
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not selling for 3 years at least. 25% of world population will be using blockchain enabled tech in 2025
I shall keep most of my coins for the long term.
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NOW REAL COMPANIES ARE USING ETHEREUM! Did you hear about ENTERPRISE ETHEREUM? BIG BIG COMPANIES like BNY Mellon, Santander and J. P. Morgan!
I think that is the biggest news this year.
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I dont think ethereum is a bubble but it is not a good choice for short time traders. Thats why they do not like to buy it
Ethereum could be good long term investment.
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Why 1000 and not 1200? Just because it's a rounder number?
Both 1000 and 1200 are mental numbers. ]] Don't forget CNY has its own set of psychological numbers. The big number for Chinese Yuan is 8000.
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The previous all time high of 1210 was made on Nov 30, 2013.
What happens when we reach that price this time? Is there pullback? Resistance? Or does the price just slide through as if it was nothing?
Speculate and back up your speculations.
The old all time high of 1210 is a manipulated price, it has no real value, just a psychological one. 1200 is more important.
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I will, I will. No worries. I will release my fork in a day or two. Although it is not as fast as Claymore's yet, it should be much faster than SA v5 on AMD cards. I already sold most of my NVIDIA cards, so I have no idea how it would compare on NVIDIA cards. If I had received a lot of donations, I could have justified purchasing GTX 1060 to my wife, but I could only dream...
why you have sold them? they perform better than amd, just look at nice hash result 370 sol on a 1070, you couldn't achieve such speed? He probably sold before the recent Nvidia speed boosts, which made them somewhat in the ballpark cost/perfwise. 370 is on a highly overclocked card, realistically 1070 gets ~330@150w, and also pool locked. So sure they peform ~50% better currently, but cost more than twice as much. 216 sol a 1060 that is cheap and with less than 90 watt, better than a 470, 1070 is still not there yet i agree, but nvidia isn't only 1070 you know, there is 1050ti/1060 etc... 1060 3GB is a decent card for mining. Similar speed to a a 470 (which does ~200 with stock clocks), but also costs more. Can get a 470 for $175, 1060 is $200+ ($200 is for garbage cooling). 216 sol is heavy OC, I have moderate OC on a 1060 3GB, pulling 200, my other 2 are only doing 180, so I highly doubt you using 90w. The other issue is currently Zec profitability is pretty crap, I can make $30/month Eth only with a 470 easy (no memory OC), pulling very little watts, or $22 on Zec. Nvidia missed the party for Zec it seems. 1070 can do 310 sol at 100 watt so i can't see how the 1060 is not doing 200 sol and less than 90 watt, it should be 70-80, nvidia is currently more efficent than amd that is certain talking about the nicehash last miner of course It seems that the 1070 is better than the R9 390 or even the Nano. The nano can do 300 at 140W.
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guys have some questions that bothers me...
just added in my rig today an HD 8990, to another 3x R9 390 gigabite 8 gb, with a Ewga supernova 1300w G2 PSU... The consuption is 1327w at wall...
Also have an Therma Take Though power 1200w PSU which is running at 1130w at wall....
where is the limit of the PSU consuption in long term? Any experience/advice?
Just dont wanna burn them in short time...
next, where is the difference between the MSI afterburner setting and setting the settings in the crimson software? for me are the setting possibilities same, or i missing something?
pls teach me...
Many thanks for any advice and help....
just wanted to ask how are you measuring power usage in watts ? You can use a wattage meter. one example http://www.p3international.com/products/p4400.htmlhttps://www.amazon.co.uk/P3-P4400-Electricity-Usage-Monitor/dp/B00009MDBU
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390x 11000 sol/s "Fingers Crossed" I heard the limit for the 390X is around 180. So that is about 40% higher than the current value. I hope the race will finish soon.
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hi, can this miner works with old AMD cards (hd 5xxx) ? thanks.
I do not think so. When I run the Genoil miner on the Windows, it uses about 1.6 GB video memory.
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"Renminbi inclusion in SDR basket
Following the coming into effect on October 1, 2016 the inclusion of the Chinese RMB in the SDR basket having met the existing criteria and approved by the Executive Board of IMF in November 2015, it is worth noting that based on the IMF’s adopted formula assigned to determine currency weights in the Special Drawing Right (SDR), the Chinese renminbi now weighs third after the US dollar and euro of the top five currencies which also include the Japanese Yen and British Pound Sterling.
The U.S. dollar 41.73%, euro 30.93%, Chinese renminbi 10.92%, Japanese yen 8.33% and pound sterling 8.09%.
Effective October 1, 2016, weights were calculated in equal shares to the currency issuer’s exports and a composite financial indicator which includes official reserves denominated in the member’s (or monetary union’s) currency that are held by other monetary authorities that are not issuers of the relevant currency, foreign exchange turnover in the currency, and the sum of outstanding international bank liabilities and international debt securities denominated in the currency.
With this established grip in the global context, a depreciating renminbi will fuel a rising Bitcoin price - albeit minimally. This may be continuous if Goldman Sachs Group Inc’s warning that a rising amount of capital is exiting the country in yuan rather than in dollars is anything to go by."
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holdimg your bitcoin is the ultimate key for succession. it not only helps to tobget back your profit but also teach you to clam at very hyper points and i belive it helps in our life too so we can give some importance to our close one's too
Holding is good but only a certain limit that we can afford to lose, there is a big risk in holding for the future as we do not know if bitcoin will still continue to succeed, therefore it is just right to put a limited amount, enough to earn a decent income when bitcoin will be the mainstream currency. that is one of the biggest risk when holding yyour bitcoin in a period of time but the bitcoin community now is keep growing and the price also keeps growing so now i could say it is something safe but we cant predict what if it will die so if i were you try trading You can trade the bitcoin with other good altcoins. The examples are the Ethereum, Monero, next one could be ZCash.
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I am not sure I can define ethereum price as a bubble, one thing is sure, it was hyped a lot more then it deserve but the DAO fiasco stopped insane hype, if it was not stoped it easy could be 50-100$ with the right plan using smart contract as ponzy, that was main goal of original DAO
For now i could see a big problem when they try to push POS update, it will be technical problem and the lose of trust from miners, sure they can try to pump, but it will prolly crumble in the dust
After the DAO fiasco, the Ethereum price is more reasonable. So I think it is not in the bubble phase any more. I am shocked that anyone still willing to put money at risk there. Anyone know if developers fixed that problem and side chain alts based on ETH can't be hacked again? I was off the loop for some quite time. It might be safe not to buy the Etheruem a few days ago. But the Etheruem price is rising now. Any reason for that? There is a pump by the Vitalik talk in the DEVCon2 in Shanghai Vitalik Buterin will be presenting the newest version of the Mauve Paper (Mauve Paper Version 3 at the time of this writing) in a panel titled: The Mauve Revolution.* His presentation will take place in the Grand Ballroom on September 19, 2016, 4:30-4:55pm.* Buterin will discuss proof of stake, Casper, and sharding, which are the biggest upcoming milestones in the always-evolving Ethereum protocol. Proof of stake will offer a reduction in the cost of consensus and is proposed to increase security guarantees. Sharding allows on-chain scaling to tens of thousands of transactions per second while still remaining a network that can simply run on a sufficiently large set of computer laptops. The Casper proof of stake approach introduces a number of concepts that include consensus-by-bet and fork choice by value-at-loss.
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