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4641  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: May 06, 2016, 10:20:23 PM
I agree everyone really misses the point "oh we will just clone Windows"...

"We'll just clone the iphone"....
the list goes on..

Ethereum is non stop changing and adapting unlike some other tech..

I can see people trying to clone/copy Ethereum and making future alt coins like it as much as they can though.

How about we just clone Google while were at it right?

Just clone!

ETH is open source; you can literally copy it, change the name and make any minor changes you want. 

Expanse is exactly that: an ETH clone.  If you go to the EXP website you will see they used a Wordpress theme (they don't even know how to make their own webpage) yet they copied ETH.

Ok I'm not saying you don't have a point you do. I understand that thinking Google, Facebook or Amazon will adopt the Ethereum platform is just not very realistic. If it is then just holding one ETH will make you an instant millionaire really, these companies are worth and used by billions.

However, you do have to agree that many smaller companies, some banks and other institutions can definitely adopt ETH to some degree, it's not easy/cheap to develop your own ETH from scratch and then keep it bug free forever. There are some that already are working with it, a few are unknown (Arcade City for example) but others are relatively big, like Reuters or the Toronto Exchange. I understand where are you coming from but I think it mostly applies to Bitcoin which will never shake its bad image, no serious company would like to be associated with it.
Exchange. It's not very easy to develop your own

There really aren't any small banks anymore.  The purpose of a company like R3CEV is to develop and maintain the corporate proprietary version.  You might want to see how many banks and corporations are already behind their platform.  They have already done multiple tests with several of their own distinct ETH clone variants.

When they release a developer platform; expect devs to to code for their platform, for the same reason mobile devs usually make iOS apps.

And stop shitting on Bitcoin.
They are developing the integration between multiple blockchains variants. And as he said Bitcoin is only fit for 1 singular purpose. ETH has multiple and more and more developers are beginning to work on it each and every single day.
4642  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: May 06, 2016, 10:07:31 PM
it's falling again, better wait for sub 0.02 before buying, more cheap coin for the you, i would buy around 0.
Certainly it'll be easier for ETH to go x10 than BTC. Say you have $450 to buy a crypto. You can buy 1 BTC or 45 ETH. If BTC goes to $1000 you make $550. If ETH goes to $500 you make $490x45 = $22,050.

So you consider BTC doubling in price to be equilivent to ETH increasing 50x in price

Nonsense

He is talking about markets. Bitcoin is only worth 7 billion - which is still a lot but if Ethereum becomes a useful platform - it could very easily reach this number and higher since it isn't targeting a market that is run by our world governments.....

Ethereum targets a market it could (and is) easily expand into since it isn't trying to be money.

Corporations will not use ETH; they will clone it.  

Haven't seen a dapp I want to use yet.

ETH as is, cannot scale.

So tired of 2nd hand statements about ETH.  Have you even looked at the code or read the whitepaper?


Although I agree on some certain points you made, I think we are all entering an age where decentralization will be an asset for these companies so they can share and get more data and information. They are starting to push artificial intelligence and IoT and I think the best way to advance in those areas if there's a decentralized model. Ethereum is already miles ahead, they have very smart people on board and many of these coders and developers have the concept of decentralization integrated in their way of thinking. If an year passes by and dapps start to appear, it will be the go to platform for companies and banks to adopt.

Really think about it, if every corporation develops their own, your Samsung fridge won't be able to buy beer from certain stores and you won't be able to turn your house Panasonic AC on from your Apple based car. Security will definitely be more complex and exposed. It's an stupid example but I hope you get it.

They will just make platforms to interface with other platforms; like Amazon video app on iOS or iTunes for Windows.

Corporations will always try to create their own closed market if possible.  If this becomes untenable they will join together with their own joint platform; which will probably be R3CEV.  

If you think they will ever use something they have limited control over like ETH; your deluding yourself.

Ok I'm not saying you don't have a point you do. I understand that thinking Google, Facebook or Amazon will adopt the Ethereum platform is just not very realistic. If it is then just holding one ETH will make you an instant millionaire really, these companies are worth and used by billions.

However, you do have to agree that many smaller companies, some banks and other institutions can definitely adopt ETH to some degree, it's not easy/cheap to develop your own ETH from scratch and then keep it bug free forever. There are some that already are working with it, a few are unknown (Arcade City for example) but others are relatively big, like Reuters or the Toronto Exchange. I understand where are you coming from but I think it mostly applies to Bitcoin which will never shake its bad image, no serious company would like to be associated with it.
Exchange. It's not very easy to develop your own

Almost all software has an open source version so why don't the bankers adapt it and write their own? Oh yes because they leave it to the professional coders. Ethereum is on its way to being a professional blockchain for all. Don't let the naysayers distract your belief.
4643  Alternate cryptocurrencies / Altcoin Discussion / Re: 2017, The year of Ethereum on: May 06, 2016, 07:36:50 PM
Ether price is in a downtrend channel. Only the current DAOHub ICO, what requires to buy Ether, is responsible for the price increase. Wait until the ICO is over and you will see that the price is declining again.
Why would it? The DAO locks in a good chunk of ETH that can only be used on Ethereum. If anything it provides support to the Ethereum blockchain and future dapps. ETH has much more use and utility than BTC which is simply digital gold. A slow confirming one at that.
4644  Alternate cryptocurrencies / Altcoin Discussion / Re: ethereum added to gemini exchange - litecoin ignored , as expected (justified) on: May 06, 2016, 04:31:08 PM
Yeah, makes no difference to me that a coin that I never used wasn't added to an exchange I'll never use.  I'll never use ethereum either.
The point is adoption and access to ETH is slowly increasing. No matter what you or anyone else thinks and says.
4645  Alternate cryptocurrencies / Altcoin Discussion / Re: How to buy a doa? on: May 06, 2016, 04:25:05 PM
Go here https://daohub.org/

Click Get DAO Tokens

Click Start Wizard

It will walk you through various steps depending on how you plan to buy and if you have a Ethereum wallet (Mist) or not.
This is the best method. Remember send the ETH from your own wallet not an exchange. 
4646  Alternate cryptocurrencies / Altcoin Discussion / Re: Daohub to become one of the largest crowdfunds ever. on: May 06, 2016, 04:01:35 PM
Thats great. I bet we will see more DAOSs 2016.  DAO 2.0, DarkDAO and AnonDAO. I will buy them all with my IPO Token witch I bough with another IPO Token.  I hope thats better than all these synthetic CDOs from Lehman Brothers and all these NXT assets. This time will be different. What a great time to be alive  Cheesy
ETH and The DAO have to be the largest opportunity for us all since the Bitcoin pioneer days.

Only $10 of ETH and you've got yourself 100DAO, as of 6th May 2016. Don't like The DAO and their actions then you are free to cash out back to ETH. Fantastic opportunity. Don't let it pass you by.
4647  Alternate cryptocurrencies / Altcoin Discussion / Re: 2017, The year of Ethereum on: May 06, 2016, 03:32:19 PM
Why do you think 2017 will be the year of ethereum ?
I dont see any sign for this to become true.

Strange, because the signs are as clear as day to me.
4648  Alternate cryptocurrencies / Altcoin Discussion / Re: huge LTC sell wall on BTC-e (2000 BTC worth of LTC being sold) on: May 06, 2016, 03:27:14 PM
There's a mass of LTC sellers moving into ETH and The DAO as these have much more potential and development than LTC which is like a dead duck in the crypto waters.
4649  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum: Good alt or stay away? on: May 06, 2016, 07:38:05 AM

I heard there will be double the eth coins by next year and you guys are thinking of investing/holding ? seems like a mad idea to me it isn't rare at all, you missed the bubble action its over for a good year at least.

The number will not be double. It will increase at most 18 million a year. There are about 80 million at present.

18M is a lot of coin, think about bitcoin, which has an increase that is very low per year, and it is struggle to increase, and you say that 18M is not enough to destroy the value? lol, not possible to have another pump with 18M per year from miners
It's not 18m. It's ~1% per annum.
4650  Bitcoin / Press / Re: [2016-05-05] Gemini Becomes The World’s First Licensed Ether Exchange on: May 05, 2016, 10:25:54 PM
Amazing news.
4651  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What will be ethereum price in 2 years from now ? on: May 05, 2016, 10:19:52 PM
I think $20 to $50. ETH has good team and ideas behind it. It's also being accepted in more exchanges and being used proof of concept blockchain to the banks.
4652  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum to go up or down? on: May 05, 2016, 10:13:25 PM
Looks like we're back at $10 folks.
4653  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: May 05, 2016, 10:10:41 PM
The price of ether is consistently rising for the past two days, base on my observation while trading at yobit, it almost go up to 50%, last time I check was the price is 0.015 BTC then now its suddenly .019 close to 0.02BTC, what are the implications on this, is it good to buy now and invest? I have not yet pulled my trigger so I need a serious advice from our experts here.

buy! quick buy now!




it's falling again, better wait for sub 0.02 before buying, more cheap coin for the you, i would buy around 0.017-18 maybe, seems a good spot, because it was the last bottom

Looking at charts I want to buy at that price too. I am really intrigued with this currency since my friend talk about it. A lot of movement even for a not too popular currency. Might invest in it if this price come.

I thin at this time we should not have to invest in ethereum and have to wait for the bitcoin to increase our money with the increase of the value of bitcoin, as now this time is the time to invest in bitcoin.

The potential of the Ethereum is higher than the bitcoin. It is still in very early stage and it is still be developed.
Certainly it'll be easier for ETH to go x10 than BTC. Say you have $450 to buy a crypto. You can buy 1 BTC or 45 ETH. If BTC goes to $1000 you make $550. If ETH goes to $500 you make $490x45 = $22,050.
4654  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ether price? on: May 05, 2016, 10:02:46 PM
The DAO and Slockit good for ETH price. Time to jump on the train folks as it'll be leaving shortly.
4655  Alternate cryptocurrencies / Altcoin Discussion / Re: ethereum added to gemini exchange - litecoin ignored , as expected (justified) on: May 05, 2016, 09:54:22 PM
People still bag holding LTC?  Huh
4656  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum - Time to buy or time to sell? on: May 04, 2016, 10:28:02 PM
Right now you can bag 100 ETH for circa $950. That's a great price.
4657  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH Soon Back To Sub 1 Dollar on: May 04, 2016, 10:20:01 PM
ETH will be $100 quite soon
I still think we are a year away. But good tech and even better price per ETH. It's not too late to join the ETH train.
4658  Bitcoin / Bitcoin Discussion / Re: BREAKING NEWS: EXTRAORDINARY CLAIMS REQUIRE EXTRAORDINARY PROOF on: May 03, 2016, 06:15:19 PM
Move the Bitcoin already.
4659  Bitcoin / Bitcoin Discussion / Truncating the Blockchain on: May 03, 2016, 08:00:16 AM
Is it possible that in the future that the blockchain could be truncated and archived off? For example, are the miners still interested in transactions < block 100,000. If not why keep it on the blockchain indefinitely if it no longer computationally relevant? To cut down the size of the blockchain could it not be truncated at say block 100,000.
4660  Bitcoin / Press / [2016-05-02] Ethereum studio ConsenSys announces interoperable Bitcoin service on: May 03, 2016, 12:18:52 AM
Ethereum studio ConsenSys announces interoperable Bitcoin service BTC Relay

http://www.ibtimes.co.uk/ethereum-studio-consensys-announces-interoperable-bitcoin-service-btc-relay-1557841
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