i am NOT bullshitting I firmly believe ETH is the beginnings of Skynet BUY ETH OR DIE! |
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ha! all this FUD against ETH just shows me we are still elry in the game!
you'll see bitcoin will fall as ether rises from its asses
like a phoenix!!!!!!!!!!!
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ETH will reach 2Billion market cap and then take over EVERYTHING
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I may be being thick. But anyone know how to perform a market order (buy or sell) in poloniex? As in chew through the bids or asks sequentially with an immediate order.
just place a bid that is > then the min ask?? are you trying to buy ALL the ETH ? |
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i wonder if there blockchain will run on POW or POS. |
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415 will break tonight then sky's the limit  |
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we need  |
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wow biggest block i have ever seen 999.91KB
there 215$ if fees in this block
a few tx have a fee >2$
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Yes. A few concerns with this token - 1) Vitalik organization is running out of fiat money as he admitted himself and he will need to start dumping his large bag to pay expenses -snip- I still don’t quite get how this business is legal, strictly speaking.  ETH is Skynet, they can do wtv the F they want. |
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your all convinced the ship won't sink because it's the biggest, a titanic mistake.
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this just proves market dont favor "technically superior" solutions. |
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If you have a vanishingly small budget and correspondingly high time preference, Bitcoin isn't really the best fit for your situation.
comments like this is why bitcoin has lost 6% market share in 2 months NO bitcoin is NOT ready to take over central banking, get over it, we are small potatoes, and we best realize that before litecoin ( or ETH ) steals all the TX vol. Your concern is duly noted. Please file your Bitcoin Obituary with the appropriate departmental clerk. Fear. Uncertainty. Concern. Doubt. The four hoursemen of the blockocalypse! Don't worry, it's just the Gavinista media campaign pushing the price down. Have you noticed when Brian Armstrong speaks the price retreats? He's like Hearn 2.0.  already banks have turned away from bitcoin in favor of dev.ing there own private chains. bitcoin isn't the only game in town, and bitcoin's network effect can't shield us forever. the clock is ticking, and Vitalik Buterin is writing 1000's lines a minute trying to takeover, please do keep arguing about exactly when and how we will roll out the inevitable block size increase, do we even need a block size increase? let's go back the drawing board 1 more time to make sure we are not making a BIG mistake. get a grip!
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did someone forget to tell Peter Schiff the blocksize debate is all for show?
today we learned that bitcoin not scaling is really just a big show to do something.. reasons unknown atm . every time something happens with bitcoin we gotta have a big show, drag it out for months and months .. i will be sure to pass along the info . the blocksize show is there to make nubs sell, accumulate people on the sidelines, while strong hands get stronger! segwit + 2MB will all be somehow spined as bearish until lightning strikes It's working wonderfully Peter Schiff still has no bitcoins, when we are ready we will put on the, " bitcoin is ready for mass adoption " show on, and sell Peter Schiff a few 32,000$ bitcoins |
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Please support your assertion that 2-5 cents will buy something to eat.
Where in the world can you buy a snack for 5 cents? AFAIK not even Thailand/Cambodia/Nepal/India have such cheap food. IIRC 35 cents is about the lowest you can go for a meal's worth of calories.
If you know better, share the specifics and I'll update Numbeo accordingly.
http://www.dailyfinance.com/photos/food-price-comparison-around-the-world/#!fullscreen&slide=988845 That's ~3 cents per egg btw (for India). Nice try. You have to buy a dozen eggs to get them for 3 cents each. (Morpheus meme kicks in) What if I told you that in a large percentage of the rest of the planet, people don't buy coca colas and beers by the 6packs, eggs by the dozens, and fuel by the gallon? What if a gave you a link to buy a dozen eggs in India, and they cost 10 cents each? You made the claim that paying a 3-5 cent tx fee would make the difference between eating and going hungry. Where would that happen? Imagination Land? Is keeping track of every egg sold in India really the best use of Bitcoin blockchain real estate? Perhaps using zero-fee physical cash (or Litecoin) would work better for the destitute and nearly starving? No confirmations are needed for RupeeCoins. Litecoin and Primecoin have much faster blocks. Why would poor, famished Ari the orphan boy want to use Bitcoin to buy his daily egg, when he might have to wait for an hour or more to get his payment confirmed? If you have a vanishingly small budget and correspondingly high time preference, Bitcoin isn't really the best fit for your situation. comments like this is why bitcoin has lost 6% market share in 2 months NO bitcoin is NOT ready to take over central banking, get over it, we are small potatoes, and we best realize that before litecoin ( or ETH ) steals all the TX vol. |
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Miners can also simply go out of business due to unprofitability this is simply IMPOSSIBLE, maybe individual miners can go out of business, the the bitcoin mining industry as a whole simply cannot go under, it's impossible. |
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As for the 6-8$ of electricity, naturally, tx/s, fees and btc price will rise to compensate. In 4.5 years (post halving for 6+ btc per block) we may be doing 20-50 tx/s instead of 3, and in 8.5 years (post the 3+ btc per block) we may be upwards of 50-100tx/s, on-chain.
This wasn't exactly your main point, but there's no certainty that fees will rise to compensate for the loss of subsidy. Miners can also simply go out of business due to unprofitability. The question really being discussed now is: "What kind of usage of the blockchain will lead to the best income for miners, and how should we decide what usage we aim for?" This because ultimately the miners decide what kind of network they secure. "What kind of usage of the blockchain will lead to the best income for miners" i think the answer is crazy simple, infinite usage , the more the usage the better. pretty sure no matter how to slice it, even if miners require 1GB/s internet connections and high quality hardware, because of huge blocks, the more usage there is on the network they more money they will make. pricing the fees is relatively easy to, put the low enough fee as to include 90% of the TX but high enough and exclude 10%, you want the fee high enoght as lose that 10% of TX's so that you know the other 90% are paying as much as you can get them to. |
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my gf has her friend over,
I walked into the other room, and she asks "babe, how much would the USD be worth if it wasnt the global exchange"
I assumed she meant world reserve currency
I replied, " ehhhhhhhh like 1 cent ? no probably not that bad, but ya, a lot less... "
I find it ODD they are talking about such things...
i'll be back.
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