as your first and only post you have decided to make a very misinformed comment.
the code may have been tested a little bit but it is neither useful nor without a lot of bugs.

the smart contract part has proven to be very bad and easy to exploit, DAO and a couple of others have proven this already.

the cryptocurrency part has also proven to be very bad with the high fees (nearly as high as bitcoin fees) without any backlog, and also with the recent failures of the blockchain.

and the price part is the craze coming from ICO investments and that won't last forever.

bitcoin is currently on a good path with the SegWit support from the miners on one side and also the legalization of bitcoin in multiple countries we can expect a good rise. and as more merchants start accepting bitcoin we can slowly see the effects of adoption and the real price rise.

so the 10K$ is no longer like a far away target as it was a couple of years ago. people are starting to know and trust bitcoin as an investment or as a currency to use.

i don't like your title!
the story is cool and it is not the only story out there. there are more of this kind of story.
but to promise a huge profit, to become a millionaire, ... just by investing in bitcoin is not a good title in my opinion. we don't want more speculators/investors who only care about getting rich or worse to get rich over night.
bitcoin is a lot more than just how much more fiat profit you can make.

all true but apart from that as far as investment is concerned ethereum is obviously in a bubble because it went up a lot and fast without any reason. and the current price is a lot higher than the real intrinsic value of it.
also it has all the ICOs on it which will soon lead to a bigger crash. because simply these developers would want to take that money out and it will cause a big sell pressure.

i completely agree with 1, 2 and 3 you nailed it. but you screwed up in number 4 because it is total nonsense.
there is nothing more secure than a properly created bitcoin wallet.

you can obviously use a web wallet, use a wallet on an online computer riddled with malware but that doesn't mean bitcoin wallet is insecure it means you had some cash with you and put it in a see through plastic and left it on a park bench and closed your eyes wishing nobody takes it!

a cold storage that is created right can not be penetrated. and it is SIGNIFICANTLY more secure than anything else you can ever imagine.

yes exactly. you can ignore all the problems that ethereum has and how its whole system failed pretty easily yesterday with a tiny uprise in the number of transactions that the ICOs caused .
you can also ignore the problems that it has with ICOs itself and how theDao easily abused the platform.

ignore all of it.

a broken token platform will replace a perfectly performing crypto currency! much logic. such wow.

i skimmed through the "millionaire boy"'s story but i didn't see anything about any ICOs! it was a 200BTC easy money that fell in his lap and then he held it for a couple of years and make a lot of profit!

and the future of ICOs is very simple, it will be the same future as premined altcoins have. today you can no longer see any of them around, and soon we will get rid of this ICO method of scamming too.

a better idea would be to find a common ground that everyone can be at least a little happy about. not things that can have a risk of splitting the chain.


not necessarily. miners are not the whole bitcoin network. they are simply workers on the network and the nodes are the real back bone of the network which will enforce the changes.
so if nodes get behind this too, then it is ago. otherwise it will be disaster and split and endless arguments all over again...

if we don't blow up bitcoin from within ourselves then the demand for bitcoin will only increase as time goes by. this means the price will rise over time too with good chances, specially in long term.
and all the news like this will only speed up the process that is ongoing. and remember that bitcoin price has been pretty high in India all along for nearly 6 months now which shows there is an overwhelming demand from that country.

there is a lot of money coming in, some say it is because of all the altcoins going bust and dumping like hell some say it is the Segwit effect.
i say it is first SegWit that caused the rise then signaled all the altcoin pumpers to end their pumps and make their exits then the dumps in altcoins started and the money came back in.

it is not at all the same, it is worse by orders of magnitude.
ethereum is not just an altcoin despite the sales pitch and all the flippening spams. it is a platform that a lot of projects rely on it. granted majority of them are scam ICOs with copy paste or poor codes but there are some poor developers who wanted to make something and were fooled by the sales pitch and chose this platform for their development.

and don't get me started on the price and how it made many newcomers poor.

the money never really went anywhere. it has always been in bitcoin, what your link shows is the market cap if you look at the volumes you can see it is the same as all the pumps in previous years with a little bit more growth which is understandable as the time goes by more investors come in and during pumps they come in more!!!

but the term "altcoin market = penny stocks market" has some truth to it. nobody has ever taken altcoins seriously because they don't want to be taken seriously. all any of these forked and forked after forked projects care about is how to earn more money and hot to pump the altcoin more next time.

i just realized that bittrex (the exchange that always use) have disabled all ethereum deposits and withdrawals with the warning about Blockchain congestion detected under it.

and meanwhile the price is dropping fast and hard.

this is not exactly the best practice but for all the altcoins, specially those known to have serious problems such as ethereum, it is best to always keep them on exchanges to dump them fast and always cash out the BTC or USD to cold storage.

to all you who have your deposits stuck and are losing money, you have my sympathy.

edit: i can see other exchanges have done the same. Coinbase is saying "investigating..." (https://status.coinbase.com/) and i have heard that poloniex has also been experiencing issues.

sadly the same thing can not happen with litecoin because for the most part litecoin is a decentralized crypto currency which does not have the advertising funds of centralized ethereum! and it doesn't have the funds dedicated for pumping it either.

also the only thing making litecoin relevant was SegWit and all the rest that came with it and that won't last long since bitcoin SegWit activation has reached 75% support in past 24 hours...

haha, you just described the whole altcoin community!
there is no difference between any of those throwaway newbie accounts with (Posts: 1) written under their names and those throwaway ethereum-dedicated-advertising-accounts.
if their project gets any traction all those (Posts: 1)s will turn into (Posts: 1000)

- the derivatives are either forks which are stand alone projects,
- or completely different platform doing the same thing as ethere platform is supposed to do and do it better
- or they are ICO scams that are made using etherum platform

none of these can change anything about ethereum being centralized and nobody has any control over the 77% of the supply which the foundation holds, any say in the future of the platform or any upcoming hard fork it is going to have.

i fail to see any relevance!

to replace something you need to be in the same category with that thing. and the same way apple can not replace orange, you can't replace bitcoin with ether

yes i am noticing these things:
- 92.6 million current coins of ether VS 16.4 million coins of bitcoin
- 70+ million premine of ether VS 0 of bitcoin
- unlimited aka no cap supply of ether VS 21 million cap of bitcoin
- 25000 ether reward per day VS 1800 BTC reward per day
- 0 merchant adoption of ether VS about 700,000 merchants adopting bitcoin
- 76 GB blockchain size of ether in 2 years VS 142 GB blockchain size of BTC in 8+ years. in 2 more years there won't be anybody left who is holding ether blockchain because it will require multiple HDDs!
- ....

so yeah market cap is very important factor

since it has the majority of miners (hash power) support
and also majority of users (full nodes) are supporting SegWit

if we don't get any drama and shenanigans i think we are looking at a smooth fork with nothing to worry about specially since the hash power behind the fork will be >95% of total.

and without drama price will just continue to rise specially since we have had the good correction recently.

no they are not fake, they found private keys that has been placed there to be found.
private keys are just numbers. starting from 1 to a huge number[1]. as a puzzle someone placed some funds on some of these private keys starting from 1 up, randomly selected a number in that range.

example:
if the PK is between 1-10 it is easy to find
if the PK is between 10-100 ...
the PK is between 100-1000
the PK is between 1000-2000
the PK is between 1000000000-... it is harder to find
so on...
until it becomes impossible to find if the private key was generate truly random and using a proper bitcoin wallet client (such as core, electrum, multibit, bitaddress, etc)

if i recall correctly these ranges were of power of 2 meaning 1-2, 2-4, 4-16 and so on.

also later we found out that whoever ran this code on their computer opened up a backdoor for anyone to run any kind of script/code on their computer and infect them.

[1] i forgot what that biggest number is but according to wiki it is this hex: 0xFFFF FFFF FFFF FFFF FFFF FFFF FFFF FFFE BAAE DCE6 AF48 A03B BFD2 5E8C D036 4140

this is not an ELectrum bug dude. there is something wrong with your computer.
i am running both electrum and electrum-ltc and never had any problems.

try a clean live linux, and do it offline. that is also good for creating a cold storage wallet. and if your problem is still happening post in the electrum board, maybe someone can help you or open up an issue on github: https://github.com/pooler/electrum-ltc

don't give up so easily just because of small problem

let me introduce you to something called CHART!
you can use this as an example: https://bitcoinwisdom.com/markets/coinbase/btcusd

if you zoom out and play a little with the setting you can easily notice how price has been changing. in the past month we experienced a fast rise, and fast rises are never solid so they never last long on top. so the $2900-$3000 didn't last and price came back down to a previous lower price but still higher than last month.

in bitcoin the drops always cause additional drama because the market is not just experienced people. it is full of newbies, even full of kids underage who got some bitcoin and are playing around not knowing what they are doing. so they start to panic sell and the drop becomes bigger.

now if you look more closely at the previous couple of days you can see that panic sell also never lasts long. and price came back up as soon as these kids and newbies were flushed out and price were increased about $400