It dropped ~20% from the peak, so i don't think it can drop much more to worth the short risk. I sold some earlier today and bought back.

Depends what you understand by "decentralization" and how much of it you "need" to make your platform work. You need enough to make it trustless and extremely expensive to attack. Both POW and POS are oligopolies, aka several people / groups will end up controlling most of the wealth, because they invest most early, wether they buy it or mine it. If you build a system that aims to become money like bitcoin, it will become oligopoly because that is how the world works. That doesn't necessarely make it centralised. Bitcoin's mining became centralised in China because of the asics. Ethereum's mining is not centralised because you can even mine in EU with expensive electricity, for example, and still be profitable.

So, ethereum and other gpu based mining blockchains are decentralised enough. More than enough.

However, if you want close to perfect decentralization then you need to build a specific use case project, maybe a social website / blog like steemit but without an economic system turned into a piramid scheme.

You should stop seeing things in black and white. You can't possibly expect for bitcoin to have 16mil users with 1 bitcoin each, or 1 asic each and a full node to be perfectly decentralised. That's not how the world works. However bitcoin and other asic pow blockchains are a bit too centralised because of that, asics. Luckily ethereum doesn't support asics and the mining is not centralised ( unless you consider pools, but they're made of thousands of small miners ).

That nobody knows. It can also drop 90% if it's oversold. Like any other cryptocurrency including bitcoin. But the thing is, the entire ethereum ecosystem is bullish as fuck for many months now. Everyone from corporations to icos are looking to hire eth developers.

You know what they say; developers, developers, developers. Given this enterprise adoption i estimate that in one year time there'll probably be anywhere between 10-50k ethereum experts. At this moment there aren't enough knowledgeable blockchain / ethereum devs in the space and the advancement in both ethereum and the projects built on top of it could really benefit from more brainpower.

@dfd1 you're delusional. It can't. Rootstock is only good for trivial smart contracts since they are not trustless. Or smart contracts without economic incentives but then you need do-gooders to build them.

Lol @btclovingdude. You're saying ethereum doesn't work as it should because ICOs managed to fill the blocks. But then you say btc works as it should, even though it's network was congested for 6months with ~300k backlog and 5$ fees. So it's okay for bitcoin to have a congested network for ~6months and it's not okay for ethereum to have it congested for hours. I agree ! I have much bigger expectations from ethereum than for bitcoin, and these issues will be fixed in the next 2-6 months !

So, now that the spam in bitcoin stopped, the real TPS processed is 1,7. Ethereum is processing 4,18 TPS atm. Bitcoin still has backlog. Talk about real network usage.

https://blockchain.info/unconfirmed-transactions

https://etherchain.org/

@metalbean Look what sha-256 is doing to bitcoin. Centralised in china. If xi jinping says he doesn't like bitcoin, then bitcoin drops like a rock. Because he can pull the plug.

Barry is the most important wheel. He built that troll machine to benefit from confusion and make profit at the cost of morals. If you think the history was reset you are a fool, no transaction was erased. Basically investors agreed to disolve the dao. So yes that contract was broken, deleted, on purpose. The same happened with etc, tehy broke some contracts when they also had the smaller ddos attack in the fall.

Bitshares and steem are semi-centralised. And the likes on steem count as transactions. DPoS can scale better because it is centralised, but it's a naive pos where it can be much easier attacked.

Lol, i unignored bentach. Big mystake. This fool doesn't know there are two Korea's. And that South Korea is one of the most developed countries in the world. Back to ignore.

Yep, people on 4chan know best. I think it's dangerous for these cryptos to exist in this form, since all of them except for ethereum are extremely illiquid. How can they aim to be silver to ether's diamond with that shitty volume ?

Here it is folks, it's not me who says it, but coinmarketcap;

Tezos and eos are vaporware. They are trying to lure people who missed both btc and eth trains. Lisk had alot of hype too because it aims to be an eth competitor. If you think a guy and his wife or the scammer dan larimer ( the one who left both bitshares and steem, both work in progress projects ) are going to build competition you're delusional. Sure, you can buy the ico but sell fast. Lisk dropped to ico levels after a few months, even though it had shitloads of hype.

One of the projects with 10x potential is BAT. Titans of this industry work on it with decades of experience and prior successes.

Ethereum based tokens, aka issued on the ethereum blockchain, can be stored in the same address as your ether. For example, i hold both ether and BAT in my ether address. Which is pretty cool.

Hi. That's just a poor excuse, a cheap lie. Thing is, crypto volume exploded this year, which means many people jumped the boat. Exchanges weren't prepared for this and they have very few employees who can't handle all the workload. I've sent some lisk on polo 3-4 days ago to my polo wallet and it's still not there, but in their hot wallet instead. I created a ticket and i'm also waiting.

After doing some digging, i found out there are people who waited for weeks for things to solve out.

Well most likely they will become an EEA member too, so there's also that.

@Dollface competes with chris derose and tone vays for the biggest ethereum hater crown. Not having 100% confidence is only natural for any sane person, especially when you work in a (still) niche field that's still in development. How about this tweet dollface, do you agree with it ?

https://twitter.com/VitalikButerin/status/870711337592078336

Or better, do you have 100% confidence that your wannabe crypto project will be succesful ? Of wait, it already failed to launch. But you kept goin, why ?

Do you have 100% confidence that your girlfriend won't cheat on you ? Do you have 100% confidence that your bank doesn't go bankrupt and lose your savings ? Do you have 100% confidence in your neighbours ? And it can go on forever. Point is, you can't.

Depends how you understand it. Someone sold 30mil worth of ether and the price dropped on GDAX only from ~300 to ~220. But because of this drop, margin traders were automatically liquidated. This is why you better avoid margin trading, it's extremely risky. So, the price didn't drop because someone dumped.

For those interested, requirements: blockchain expert and Solidity programming experience. Basically that means ethereum experience.

https://usa.visa.com/careers/jobdetails.jobid.743999653819658.deptid.934140.html
https://jobs.smartrecruiters.com/Visa/743999653819682-blockchain-engineer?src=JB-10081

Poorly designed ICOs ( not the projects themselves ). I've read that there was a cap so whales split their investment into hundred / thousands of smaller ones. This can be expected, it's a whole new field of work. Better ICO practices are already in work.