After waiting too long on 270-330 USD, pump is still continuing.
It really rested long enough and maybe pump also continue that long. I wonder when it will pass 1000$
The pump is never as long as the resting period  I would probably sell right before $1000 psychological breaking point, there should be a dump afterwards. For the long term i thing ETH will go up way beyond $1000. Ah, I see you're a (wo)man of Crypto as well... |
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Transactions were very possible, it's just that typical users haven't had to increase their gas prices so drastically. So of course, they didn't, and then transactions didn't get mined or took hours to get mined. |
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Next target is ~805-830
After that 1100-1200€
And after that, only god knows.
I think ETH will cross $1000 by the end of this year but for that to happen bitcoin must be at a stable price range. Yes, ETH going up real soon. Solid buy right now. Ethereum will probably give you a better short term return but if you plan to hold for a while then grab some of pieces, will see you $1k+ ETH WILL BE 10 000$ within 2 years! in 5-10 years will be NO1! I'm sorry for you BTC....but you are SHIT in comparation with ETH!  I'm afroid cuz i not have much to invest now, but in january i will get a new job and i will earn 2000$ /month + i will get 50$K credit from bank for invest in EHT/LTC. I expect in 5 years to be MILLIONAIRE and make my own coin....i have a great project but required a minimum 1MIL$ Everytime I read about a battle between eth and btc I laugh very hard. They're uncomparable lol, is eth maid for payments and as a store of value? NO Is btc made to act like a supercomputer with dapps and for machine to machine communication? NO Finally someone else who understands the fucking difference lol! I truly don't believe crypto (choose your coin) is in a bubble, but then I read through some of these threads, and honestly, even the people "in the community" don't know fucking shit about 1 chain from another. It makes me worried. |
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Next target is ~805-830
After that 1100-1200€
And after that, only god knows.
I think ETH will cross $1000 by the end of this year but for that to happen bitcoin must be at a stable price range. Why? Ethereum isn't pegged to btc. It trades directly to fiat. |
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Ty for update as well but is it 100% mandatory or is this something we can forego for now? I know it is probably recommended but I try to touch my wallets as little as possible lol. Only hard forks are 100% mandatory |
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Everybody knows Ethereum will trade futures soon like Bitcoin, why on earth is it still under $1000 perhaps it goes up slower because there are more coins outstanding but only 6 times more than Bitcoin. I mean $692 for Eth vs 19400 for Bitcoin? Do the math 19400/6 = 3,223. Isn't Eth way undervalued as a competitor to Bitcoin right now, wow! It must takeoff any minute to the 800 to 1000 I would suspect.
I can't see how in this environment how Eth can trade for less than 1000 since we know it's next in line to trade futures like Bitcoin
You're not thinking of the whole picture. Besides the simple numbers of coins in circulation, take a look at the major difference between btc and eth....ICOs! The Ethereum market has a much stronger and more consistent sell pressure on it than BTC does, and that inhibits pumps of the nature we see in btc. Besides, making straight comparisons like that doesn't even work well, since the coins aren't in direct competition (platform vs store of value). Plus, Eth also has direct exchange to fiat, so it's no longer tightly coupled to the btc price. Still, I'd be happy to see a $3k+ eth price  |
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The network is much faster now. My today's transactions went OK
I agree, network is much faster. I dont know what the recommended Gwei is now but during the kittie problem I had to use 40 Gwei. The network congestion is getting better, we can make transactions go through with way less Gwei than some days ago. To find out how the current situation is and how much Gwei you should set check: https://ethgasstation.info/ You can set your Gwei a bit above the safelow, this will be enough to make them go through. I hope that the scaling issues of Ethereum will soon be something we look back to and laugh about. Ethereum has still a long way to do, but its a long way on the road of success! yes network is getting better and transaction anr going cheap again but some times its not that cheap ethgasstation show some times transaction lowest cost gwei is more then 20 but right now its 10 gwei lost cost for eth transaction eth coin price is around 700$ in this month great achievement i hope next month its will be higher then current price it surely will go higher, but the price cant cover the problems of ethereum, VB must make some effort to solve this problem, otherwise people will turn to eos I think ethereum teams can solve this problem as soon as possible, so that this project keep greater. Although it will need more time but i am sure will not be long, so we.must be patient The scaling problem is a matter that all cryptos have to solve. However, I think ETH is doing pretty good by now. There's only 15k transactions in the mempool when a bit less than a million transactions were made yesterday. That a 1.5% (or 20 minutes) backlog. The safe low gas price is now about 5 Gwei according to EthGasStation. For a regular transaction needing 21000 gas, that's a $0.075 fee (with $700/ETH). Now let's compare with Bitcoin's 110k pending transactions related to the 490k transactions yesterday. That's almost a 25% backlog (or 6 hours). The safe fees are around 400 satoshis/byte according to BitcoinFees. For a regular transaction needing 250 bytes, that's a $17 fee (with $17,000/BTC). So ETH network is processing twice the number of transactions that BTC network is processing daily with one-twentieth of the backlog and one two-hundreths of the fees. Plenty of work to do but I'm sure we are allowed to brag a little  Well said! I'll be sharing this post with those trolling over Ethereum network congestion. |
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I don't really understand how the price of ETH can increase so much as Cryptokittens has slowed so much the ETH network. But traders don't care about it i think. They don't need to send ETH to a wallet.
Is there going to be a fork of ETH? Because there was a news about Parity wanting a fork because of the hack of their wallet. But a fork won't speed up the network.
It's because ETH fork just happened. People FOMO to get free new coin then price going up crazy 1st son: ETF 2nd son: EMO Uhhh...wtf you talking about? The last hf that happened was planned upgrade for the chain (byz), but that was weeks ago (months in the crypto world). The next scheduled is Constantinople, but they haven't set a release date on that yet, so you can't possibly be expecting in Q1 of 2018. No "ETH fork just happened". Cryptokitties might have put extra congestion on the network, but it also caused thousands of new installs of MetaMask, and brought thousands of new eyes to Ethereum (and I bet it will continue to do so as the game progresses and gets updated). There was a lot of fud for it in the first few days, but that was mostly from people ignorant on the entire issue. As has been mentioned tons already, scalability is a well-known blockchain problem. It was known well before CryptoKitties got launched, and solutions have been in research and development for literally years now. Anyone who has done any homework in the space would know that. I mean, it's the most public debate happening in the most publicly known blockchain (btc, ie segwit and other bs scalability solutions). |
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Ethereum is always a safe bank. In the past i uses some Ether for ICOs, but now i will never touch them for that kind of things. Holdl and let them grow.
I can feel your pain mate, I also invested most of the Ethereum that I had in ICO's. I bought pretty cheap so I thought it was a good way to realize my profits when they went up to $300, but in the end I made a loss with those investments. ICO investments are likely to drop as soon as they ICO tokens hit the exchange and then you become a bag holder and wish you had held on to your Ethereum. The Ether that I still got, will stay in my wallet for a very long time, I wont spend that on some silly ICO, thats for sure! You're picking em wrong then, mate! I also invested a good deal in a few ICOs, and most of those have realized profit already (at least, enough to cover losses from other tokens) Still though, unless the ones you invested in turned out be scams, just hold those tokens until they get a product out. You never know when something might cause token price pump. https://icostats.com/roi-since-icoCheck out SpankChain, shits on fire right now. I went in heavy on that project, and am so freaking happy I did! |
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Is it worthy enough to invest now in this project?
Yes, Decred is worth investing. True community governance, it has been lost from Bitcoin. If you agree with this opinion you should invest. community can't vote on centralized asic usage  trololololol. Vote on what? Algo change? It's not much of a solution, especially considering the benefits of asic mining. |
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What's the situation with asic will dcrasic come out before obelisk's dcr?
I really doubt it. They announced they changed their minds and are going to develop 16nm chips. Personally, it caused me to buy an extra 2 Obelisk DCR1s |
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Cryptokittens show us ethereum blockchain is not reliable. We are thinking it going mainstream and make payments with ethereum or with tokens with it. But a hype stupid game can bring all system down. Ethereum is promising a good future but for now, it is not enough for heavy lifting.
hold on cryptokitties just make eth network slow but transaction confirmed who use high gas what ethgasstation recommended so do't say that its not a reliable. eth network will not stay like this as now eth network dev team will definitely do somthing about to update its block size and block time is already great more eth network updates will be soon release by the dev team i think eth coin is the next most famous and four figure priced coin in 2018 let's see maybe it will cross 2000$ in the end of 2018 Think about 10 crypto kitties? Also, a mainstream payment method which uses ethereum blockchain. Paying 80 gwei is not the answer. I'm aware it is getting better constantly but it should react faster this kind of crysis. We all know scalability has been among the most challenging problems for blockchain. It's not some trivial problem that can just be fixed by increasing block size or something. The next hard fork coming meant to address scalability, Constantinople, is expected in 2018. Also, let's not forget that Ethereum is already the fastest blockchain in the world (by transactions/sec). I'd like to see any other blockchain try to handle the traffic that moves through Ethereum without having just as high (or higher) transaction fees.  |
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Thanks the 2 million DASH instamine always left a sour taste in my throat. Plus DCRs POS put's into more owners hands than masternodes. Yep good share. Really puts into perspective DCR |
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Sentiment: I am strong believer in the technology of Ethereum.
I believe it will surpass Bitcoin in price just as Google smashed Altavista out of the water within a few years.
We are at the ground floor of a major revolution of how businesses trade and society functions.
It is going to open up possibilities and use cases people haven't even considered.
Relax - Ethereum will have its day.. it may be 2018.. maybe 2019 maybe 2020..
One thing is for sure though - it will be the dominant crypto in society as we know it.
So was I until a stupid cat game came along and showed a flaw. It still has not been fixed. Imagine if there were several of those stupid games. Doesn't look good is all I'm saying and it has to be fixed. I mean, it's not like EVERYONE didn't know this was an issue, even way before CryptoKitties launched. Scalability has been the #1 problem for blockchain for fucking years now. And I do mean blockchain, meaning Ethereum is by no means the only coin that is facing this problem. Of course it hasn't been "fixed" yet. It's not like some trivial bug that can just be patched. Fuck, we've seen the public war over scalability solutions in the Bitcoin space for over 3 years now. Does the general public (Ethereum community) not understand the issue? Literally all that is happening is an increase in network usage. When your network can't handle that increase, you get the kind of congestion that we see now. Still though, Ethereum is by far the fastest blockchain (in transactions/sec), and fees are still lower (generally) than say...Bitcoin. And, as we all know, scalability solutions have been under research and work since before Ethereum even launched. Latest news I saw was we should see Casper/sharding update in ~ a year. |
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Everyone should bookmark this: https://ethgasstation.infoIt shows proper gas prices if you want your transaction to go through, as well as a ton of other stats/info regarding the network throughput. If your transactions aren't going through, raise your gas price and try again! |
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If one game is creating such traffic...imagine the scenario when there are thousands of similar games or dapps on the ETH chain....  With this issues they can improve the chain. So i think this kind of issues improves the ether. Now they are aware of this issue. "They" have always been aware of the issue. It's scalability. And we all know scalability solutions have been being worked on for years now! I don't understand this thinking. How is everyone just becoming aware that NO blockchain is scalable yet! |
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Sometimes i cant understand who crazy some people are. There was a cat that is sold for over 100.000$ can you imagine? I repeat 100.000$ in words one hundred thousand dollar for a cartoon cat...
Are you for real? $100,000 for one of those cats? Are there any sources where you can see this actually? I cant believe it, who would throw this kind of money away like this? Does anybody knows when this will settle and eth network will be back to normal? Or do we have to use 50gwei transactions now for the time being? I mean, it's a public blockchain. Anyone can look and see those things! But, easiest is just to look at the game's marketplace. Some basic filtering will allow you to see what the most expensive cats are going for... |
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omfg, when this stuff with transactions will be fixed? wtf i cant send transactions for 4 freakin days! i tried more than 20 freakin times, its bloody annoying
Probably when cryptokitties dies. I'm so disappointed that a single weird collectible game is all that was needed to break ethereum. I really hope miners at least increase the gas limit per block as a temporary solution, it would increase their money as well as it would restore confidence in ETH. It is crazy to see that a crypto cat breeding game can produce so much traffic on the ethereum blockchain. I'm wondering when it will get better. it is basically people are producing much traffic on the eth blockchain i just have no idea that people are so crazy about those digital cats buying and breeding but this will go no longer i think because producing more cats makes less demands and when people realize difficult to sell their cats over eth coins then they will loss money but its alarm for eth dev team to make eth network more stabilize. its a first only a game depending on eth blockchain. Sometimes i cant understand who crazy some people are. There was a cat that is sold for over 100.000$ can you imagine? I repeat 100.000$ in words one hundred thousand dollar for a cartoon cat... first thing you need to understand that vitalik brain is faster then average joe and what he really thinks is amazing imagine cryptokitties actually having flash etc in the near future he seems very much like an alien helping humans to get more civilized may be aliens are doing this to help human kind? Even when google started it was all messy with bugs it all happens nothing goes perfect it takes time ..this all looks strange but vitalik knows the future better then us wait for the right time. lol well first, Vitalik has 0 to do with CryptoKitties. He's not a dev for that dapp, he's not on the team, literally has nothing to do with that product. He's not even listed as an adviser. No clue where you guys are trying to go with that kind of ignorant premise. Second: stop worshiping a single person. The point of crypto is to free ourselves from dependency on any one government/company/person. You don't need to trust 1 person to develop and lead such a large project. And literally, Ethereum will go nowhere if this mentality of "trust 1 person to do everything we need!" perseveres in the community. Stop it. |
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this collapse of eth shows that the king is definitely bitcoin. what does ''to wait for a transfer'' for two days means? i loose money every minute. its not possible to replace this on real life instead of money. imagine that you will pay your coffee and wait for two days. just a shitty kitty game app made this collapse? funny!
It's not the dapp that matters. It's the number of users. 10-20% of the fastest chain (by transactions/day) is a shit ton of traffic. |
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this collapse of eth shows that the king is definitely bitcoin. what does ''to wait for a transfer'' for two days means? i loose money every minute. its not possible to replace this on real life instead of money. imagine that you will pay your coffee and wait for two days. just a shitty kitty game app made this collapse? funny!
Lmao. Did it get fixed yet? It's not like it's a bug that needs to be fixed. It's a scaling problem, the same problem EVERY blockchain out there has. Please, point me to a chain that's processing as many transactions/day as Ethereum is. I'll wait.  |
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