So, do you guys think that is cheap getting ethereums at the current price based on your 5 year target?
No. I think eth will drop to $100 or at least $150 again before getting higher than it is right now. You I think now is a bad time to buy it. As for the price, I don't believe its marketcap will overcome bitcoin and thus I suppose that eth's price will be around $600 at that time with btc around $5k. Sounds unbelievable though. And eth might as well explode and be worth around $10 at that time if it gets a hard fork.
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Ethereum and Zcash are two most promising crytocurrency for now and maybe others coins will come up in future. I see investment in this two coin at this infancy stage will make you a millionaire in few years from now.
Why Zcash? I agree Zcash has small chances to stay around. Why? I think the main reason is the infamous huge 'genius tax'. Mostly people say that eth is the best, some also mentioned ltc. I agree with them. However, ltc is more promising in terms of earning big money, because it is still cheap. As for eth, I got some of my stolen which makes it painful for me to look at prices nowadays. But yeah, at least it is already used.
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Just checked coinmarketcap, everything so green. Are we in for another bubble already? Isn't it too soon? The previous one was just over like a week ago. Any news? What caused this?
Bitcoin and others crypto currencies Are still at an infancy stage and we cannot really do anything about price bubble now. We can have stable price after market capitalization is above 1trillion dollar. Now few people that has huge investment are manipulating price to their favour. I think you might be right about altcoins but bitcoin is rather juvenile, for it has shown the world what it is worth and now we can also see its big disadvantages. I guess we can't call it a bubble yet, because we are those who make the currencies worth so much money. Basically, they are backed up by our trust and it is up to us to decide whether it was a bubble or not.
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It's hard as altcoins are surely on it's top right now , people used to pump dump btc now but now btc doesn't even matter and the btc dominance has also reduced from like 70% in starting of this year to what 48% or something. Even though we see the rise of altcoins many investors still trust because as dumping it would take a lot of time and plus there are way more people interested to invest in bitcoin than alts
Well, I can't say altcoins are really on top. I guess the big prices are mostly due to traders and some big companies' support. I guess the only thing where alts are used is trading among altcoins. The problem is that for a coin to be really good it needs to be used to buy some actual goods, not other coins. And this is a rather dangerous fact which we try to ignore. Btc dominance is still there, because at least it is really used on markets.
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It is very nice you will lower the bets. What about creating a thread in Gambling section, an official one? I think gamblers would be interested in such a website, because there are scamming sites in gambling sphere of btc, plus, as bitcoin transactions are nowadays problematic, too slow, it is another advantage of ethereum-based gambling.
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I have LTC and I bought this when the pricr is cheap but I decided to hold for few months and also few years because I beleive before the end of the year 2017 maybe the price will be 50 dollars soon . Even the price of LTC down its better to buy LTC because this altcoin are promising coin and I think it will increase more because coinbase add wallet to LTC and thats good news . I hope the price will increase more not to dump. I hope this coon will become more popular to the crypto world so the price become higher .
I agree. I believe LTC will break $50 very soon. This is very likely possible scenario and it can be lot sooner then expected i starting again to buy some small amount few coins a week to see what will be. Still think that this coin didnt show true potential and we might be in the point that ltc will be like some predicted back in 2014 to hit even 3 digits so don't be surprised if it comes over 100$. I hope you are right. I believe ltc is a promising altcoin which may become one of the dominant coins in the future but taking into consideration its price fluctuations around $30 I think it is not likely to grow in price that fast. If even segwit didn't make the price go up, I think litecoin is difficult to push in some direction.
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I may miss out on this, but Im somewhat suspicious of the market now. I'll not buy until after next dump, even if it should be higher level than now.
Eth and bitcoin are too expensive, I agree. As for litecoin.. It's hard to say for sure.. I waited for the dump and bought for $20, now it is $30. What if there won't be a big dump anymore? Or, to be more precise, what if the next sump will lead to the prices we think of now as high ones? I think now is the time to invest in some cheap coins like waves and seek luck.
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I think this round of bull market will last at least until the end of 2017. For the long term I believe cryptomania will last at least 10 years.
Good prognosing, I think. Altcoins are still growing although we don't see such big hopps in price anymore. The market depends mostly on us but there are some other factors that may influence the situation. For example, btc hard fork or eth unable to switch to pos. If something like that happens, I guess superbig panic selling will occur and perhaps the market won't recover from it. Especially it is likely to happen if both btc and eth fail.
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XRP might have its chances to become dominant if the banks adopt it. If Chinese do then it is quite a good sign for ripple. However, regardless to whether it will become one of the best coins or not, I guess its price is likely to grow, because many people (especially newbie traders and investors) are likely to invest in a coin which is so cheap an #3 in marketcap already. So, no is not the time to sell in any case.
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I recall 2 such times last month, at least on coinmarketcap everything was not just red but really red, especially the first time. I didn't miss the chance and bought some ltc for $20 then. For now I lost more, than won, because my eth was stolen (ethereumwallet.net hacked) and so far I got only third of it back. That eth was great, bought for $16! Well, anyway, I hope nothing like that happens to you and just choose something you want to buy, define the wanted price and check the prices every day. http://imgur.com/a/Ot3HS
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I ordinarily disregard this type of question simply because it is an half cooked question, asking What is the cheapest place to buy eth? is totally wrong but you should ask WHERE not WHAT.
Then what type of currency do you want to buy eth with ? is it fiat or crypto etc.
Kindly ask a constructive question in order to receive a good answers.
im want to purchase with credit card Thanks Almir A credit card is tied to a bank account, so if you live within European Union, the place I would suggest would be Kraken, I like to trade there and fees are relatively low. Kraken may also turn up to be good to you because there was this moment about a month ago when eth cost $90 but on Kraken everyone started panic selling, so the price on the chart went straight down then. Kraken's price depends on Kraken's users only and so such kinds of local trading sites might have the prices you won't see anywhere else. But for such a good time one needs to wait, so good luck and be patient.
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Ethereum has grown so much for this year alone and even surpassed that of the growth of Bitcoin percentage-wise. There are so many good news happening right now for Ethereum...plus it got very active developers and people pushing for its real-world use...I am not wondering why Ethereum has received increased media coverage calling it as "the next Bitcoin" and the next cryptocurrency sensation.
Though we have to understand that Bitcoin is Bitcoin and Ethereum is Ethereum and comparing the two is a great injustice to them. They have different use and different goals.
Do you think Ethereum can at least reached the $500 level before the 2017 ends?
The $500 price is not a problem. But the price relative to bitcoin might not be as high as 0.2 bitcoin. Well, actually the eth price has nothing strict to do with bitcoin. It is just our idea that ethereum can't surpass bitcoin in market capitalization for eth reaching $450 right now would mean it beating btc. I also find it hard to believe that eth can win even in this small aspect so fast and that's why I suppose that bitcoin will grow in price along with eth not letting be moved from the throne. And yet I don't see any big rational reasons under such a view.
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Shit! I just wanted to say that I use https://ethereum-wallet.net/ and am happy for it but now on the front page we can see it has been attacked! Does it mean I am losing my $240 dollars? I hope they will deal with the problem and return everything to us. I can see now they are doing reinbursements which are partial. I guess now I need to get another wallet to store ethereum.
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Bitcoin and simular coins for payments, I understand.
But for other coins, I can see the why the technology is useful, but how do the coins/tokens benefit of this? For example Ripple, I see the value of the technology, so assuming all banks at some stage will use them. How is XRP benefitting of this?
Another example Golem, understand the technology of a global super computer. But how will the GNT benefit of global usage? Am sure I am missing something, thanks a lot for helping me out!
Speculation is the leading cause of the price rise in altcoins. Even coins like Ethereum haven't proved themselves yet but the crypto economy moves around speculation rampantly. I think that this point has to be detalized. At first, speculation doesn't influence the price directly but only through influencing traders and other investors. Traders see people speculating about prices and buy some coins which then makes the price grow. As for ethereum, I think that yes, mostly its price comes from people and companies investing in it but there are people who really use it at least somehow (perform smart contracts, for instance).
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50 satoshi is an extremely small amount of money even for fiat, I am not even talking about cryptos. I think that an okay coin is definitely worth more than 1$ and closer to $15. Nevertheless, if we increase your 50 satoshi to 150, there is quite a good coin around. The famous dogecoin. At least, doge is (was) used in some casinos and people talk about it. It is based o litecoin but unfortunately the total supply is potentially infinite. Nevertheless, Doge already participated in charity programs and sponsored Josh Wise's ride. And, as stated on coindesk: "dogecoin likely won’t see a technological death".
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Hello dear fellows,
I'm an economist and I just want to give you a head up to sell all your coins before they get worthless. Including Bitcoins.
Today there are over 750 cryptocoins in existence. Because literally anyone, any team of people can design and create their own coins. Very easily with all the open source codes available.
So, if anyone can create any amount of their own coins. Guess what the value of that coin will be on the market? 0. It's value is zero. It's literally worth less than water or the air you're breathing.
Once people start to realize this, that the coins have no realistic valuation, each and every single one of every coin will be worth NADA. 0. ZERO. NOTHING. Enjoy the ride while it last, and get out fast.
Regards
Okay, there are a few problems I can see here. #1 is that fiat is also quite worthless, it is definitely not backed up by gold anymore and it is printed in expectation that in the future it will obtain the price, because people will use it. Cryptocurrencies are even more like that. Their 'real' price might be calculated by counting the sums of money spent on electricity to mine the coins (if we deal with Pow), to store coins (PoS) or to run some code which regularly throws some amount into circulating supply. However, it doesn't really work like it, for we can see that coins are actually worth more and if they weren't, they wouldn't exist, for nobody would've mined/stored/produced them without profit. Demand and offer system owrks with cryptos perfectly and allows us to say they do have a price. I agree with you on some points, though. For instance, I also think it is possible that people will realize there is no real value under these currencies and they will become worthless. But for that the world needs something like World War 3 when nothing except food and shelter will have price.
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Will ETH rocket to 0.2BTC ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) IN 1 TO 2 Months from now, yes. NO, I dont think so. It will be very hard for eth to reach that price because when I reach 0.2, eth marketcap will cross the bitcoin market cap and it can not be acceptable. I mean, in the far future, Eth can defeat bitcoin but now, I do not think that eth has a chance to kill bitcoin Yes, if we consider current btc marketcap and eth circulating supply, eth has to reach $444 to beat btc and it is quite unbelievable. However, I think that eth may reach something like $400 in 4 months but btc will grow a lot in price at that time as well, so won't be beaten. Nevertheless, currency having the biggest marketcap is not for sure the best/most popular/influential currency. I've seen a nice analogy of it with people being dominant on earth whereas they are totally not even in the top on 'market capitalization' (biomass).
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Betting on something, which you don't completely understand is stupid, because question here is not what the tech can achieve, but how.
I think this is not quite true. Investing in altcoins is a lot like gambling but only with some small part of experience needed. One can be very good at programming and define the best currency ever, invest lots of money in it. Nut eventually this programmer might lose just because currencies people use do not solely depend on code. Moreover, most of users don't understand how something works and what potential issues there are. That is why investing in something you don't know how works but have some sort of feeling that it will be popular does make sense and is IMO likely to be more profitable than something one calculated and defined as the best thing.
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I think people out here are talking about the problem you faced:https://forum.daohub.org/t/error-occurred-out-of-gas/723/4. They say that the transaction fee will not be sent back but everything will be pkay with your eth. I think it is something similar to unconfirmed transaction with bitcoin when everything returns back to the wallet. If it didn't I guess you should just wait. As far as I understand, gas is the needed fee to perform transaction of smart contract. People advice to choose adding more gas than you think is needed in every situation. Anyway, I hope this helped.
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The people just getting into the space right now really missed the boat by just a few months. Every price is sky high compared to what they were 2-3 months ago even. Better off to stay on the sidelines right now and wait for another correction before getting in the game? These prices are nuts for everything
Well, at first, I think ltc is still really cheap although its price is 5 times as big as it used to be for a long time. This is still a good investment, still a great chance. And don't forget that there are many really cheap coins right now about which we mostly don't even talk but one of them might appear to be the one and the price will become sky high. A very easy example is ripple about which we do talk but the price is a lot less than 1 dollar. There are also other coins about which people who studied them more attentively say that they have really big potential. I am talking about coins like Waves or Digitalcoin. I'm saying that now might be a great time for investments but the problem is that it is hard to understand in what to invest from all these now worthless coins.
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