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Some people want to destroy this thread. |
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So is this the main reason to make etehreum huge pump today? I missed the big pump, I should be all in below 0.008 btc per eth, what a pity The price below 0.008 was good buy. Could we see it again? Yes there will be a massive dump soon What puzzles me the most is why eth is still trending north while btc is holding at $40 premium over spot on okcoin. Which is maddening $1113 at the time of this writing. The Chinese people want the bitcoin more than the other people. |
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It can be attractive for many people if Bitcoin can have stable value but then you have to consider the fact that many are also in Bitcoin to speculate hence its volatility is what attract them to this cryptocurrency...so it can work both ways.
If the volaticilty of bitcoin is less than 5% a month, it is ideal. |
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Something is wrong again? https://www.reddit.com/r/ethereum/comments/5efqr9/attention_miners_please_raise_the_gas_limit/In order to more quickly facilitate the "debloating" of the blockchain, please raise the gas limit and target gas floor to 3.3 million and resume accepting transactions if you have stopped. There has been no DoS attacks for the last 4 weeks so the risks associated with following these recommendations are reduced. geth Mining targetgaslimit 3300000 --gasprice 20000000000 Parity Mining --gas-floor-target 3300000 --gasprice 20000000000 Simply put, the blockchain "debloating" is removing empty accounts from the Ethereum blockchain. EIP 161 that makes it possible to remove a large number of empty accounts that were put in the state at very low cost as a result of earlier DoS attacks. With this EIP, ’empty’ accounts are removed from the state whenever ‘touched’ by another transaction. Removal of the empty accounts greatly reduces blockchain state size, which will provide client optimizations such as faster sync times. The actual removal process will begin after the fork by systematically performing CALL to the empty accounts that were created by the attacks. Increasing the gas limit will allow for more transactions that CALL empty accounts. A blog post by /u/vbuterin describing uncle rates and transaction fees when mining can be found here. It concludes that accepting transactions with a gas price of 20000000000 as suggested in this post is fairly close to optimal. More information about the Spurious Dragon hard fork and the EIPs involved (including EIP 161) can be found here. |
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yeah bitcoin will be still popular if bitcoin price had stable , and there is maximum people put their money into bitcoin and people start to more trade in bitcoin and some people growing their bitcoin through altcoin trading.
No it won't be popular as it will be today, because if bitcoin has stable price or let's say the exact price. It will not attract the investors if bitcoin has this kind of characteristic. But because of bitcoins decentralization and not having stable price, this is making thousands and even millions of investors (I think) to attract them into investing with it. It will be more popular I guess but on a different level, when the price is stable more people will still use it like those shopping in big merchants who will eventually adopt. In addition, the gambling sites will still adopt bitcoin because people are not hoping for the price increase as long as they can use bitcoin to gamble. When the bitcoin market capitalisation is more than 10 trillion dollars, the price will be more stable. |
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The next one billion dollar block chain will be the ZCash. If the price sticks around $1000, it will take a few months.
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
i do not think that Bitcoin would be as popular as it is right now because people make use of it because the price is not stable and you can make money with it. If it was stable then that option would not be there so people would not make use of it. I think bitcoin will continue to be popular no matter what happens. even now and some time ago the price of bitcoin had experienced several times the price is stable and you can see bitcoin is not left behind by the people? bitcoin still growing as usual If the block size does not increase, it cannot be used for daily transactions. It will be replaced by a better coin. |
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Yes, i think even if Bitcoin had a stable price, it would still be as popular , because people use it most likely for its powerful features and not only for its high price
If bitcoin is stable in term of price people will be more confident in using bitcoin especially the business sector, that is all they have been waiting as any price movement will have a big effect on their assets. You are right. The stable bitcoin price will make it become a major currency in the world, the price will be high. |
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Before Monero started its big run I said it would be a billion dollar coin. There will be others as well. And some trillion dollar coins.
The Monero price is around $10 at the moment. I think it will take several years for it to be a $1 billion coin. It is quite possible for the Monero to be a good coin in the future as it has a unique feature of the anonymity. |
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The good we do introduce it to people who do not yet know . Teach them how to use it and explain to them that bitcoin is a very fast way of payment . We should teach them step by step how to use it and how they can be converted into cash . The principle should be that many of them can be put to the bitcoin .
it is not that easy as you said. it needs a lot of planing and need team work, I can teach some peoples in my family or my street (same everyone can do) but we cannot change the overall situation.. using bitcoin is very easy but only at the web, but when it comes to local businesses the situaiton will get change completely.. and it can be only possible if big companies get involved in it to promote bitcoin in local businesses, Yes you are right just thinking about it we need a hard work plan before we introduce it in many businesses. Bitcoin is easy to use in web and i think the big companies their no time to do it so encourage local business to use bitcoin is not easy. Maybe do they own research if bitcoin become popular in all country. The infrastructure of the bitcoin payment is not fully built yet, so the shops accepting the bitcoin is still very few. |
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If the community does not like the proposal by the Vitalik and other developers, they do not have to adopt his proposal.
That is right. That is why the ETC still exists. However, if it does not have many supporters, it is just a pump and dump tool. I noticed the ETC price has dropped more than 70% from the peak. That is even before the dump by big holders. |
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It is not illegal from the courts perspective but it is immoral. So you will have to live with yourself and that choice you've made for the rest of your life. If you can tolerate having a dirty soul and don't care if you do then you are the devil and will have eternity in hell to contemplate for what you have done.
In some countries, if you receive money due to the error of the sender, you have to return the money. |
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So that the 51pool is wait for the ETC hash rate to drop before it launch the 51% attack. It might take some time. The 51pool.org refused to connect now. So does it mean the site has been DDosed to death or hacked to death? |
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If you spend the 7 bitcoin in the last few days before the Etheruem hard fork, it will be worth more than 10 bitcoin now.
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If the bitcoin has a stable price, its price will be very very high. As more people will use it as a currency, so the value will increase.
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I would assume this would be illegal. It is definitely unethical to take someone else's money. However, it would be hard to prove who took it.
I agree with that. But according to some bitcoin shills, stealing Ethereum from DAO is legal even though it against to the DAO holder's wills. |
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Media do not tell the truth. They just want to make sensational story/news and attract people to read commercial ads.
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So far, the hard fork has been a success. The main chain is much longer and has more hashing power than the other chain.
That is right. The question now if the concept of the hard fork and change of the transactions can be accepted by wide community. |
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Please try to understand. ETH hard fork is not DECENTRALIZATION.
Eth project failed if they coul simply press "reset button" as they want.
Vitalik lost his credibility with eth.
Why? ETH isn't centralised BTC. It's may turn out to be centralised in its own way. And it may provided the financial authorities with reassurances that the coin can retrieve stolen funds via a fork. The bitcoin's development is centralised. Many people want big block size, it is not implemented. Ethereum's fate is deteremined by the miners now. All the coins are centralised in one way or another. I am glad the DAO problem happened so early, the loss can be contained. If similar problem happened to bitcoin, the damage could be much larger. I hope their SegWit does not have bugs. That is many lines of new codes. That could be the reason the bitcoin price dropped a lot recently. I am not sure. The marekt will not react to early to the not released code. That is just reaction to the actual halving. |
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