Agreed, as I don't think Bitcoin has a lock on the ideal number of coins a cryptocurrency should issue. Not everyone thinks having a $400, or if BTC goes mainstream a $1,000, $10,000, per coin valuation is attractive to more casual users.

So simply using the excuse "too many coins" is not even an argument, as in reality, it does not matter as the valuation will ultimately settle around the demand for thee coin. If that valuation is 21 million coins at $1,000 each, or if that is 21 Billion coins at $1 each, it works out the same in the end.

I agree, it might be easy money, but not so easy you can expect everyone else to do all the legwork for you and cut into their own profits. The answers are out there and not hidden, but you do need to put in at least some effort.

It is just as easy to get as it ever was, it is just more valuable now in terms of Fiat so you get a smaller fraction of a bitcoin than people would have years ago. You go to a faucet today, and you might make 20 cents or about ~0.0005 BTC after some effort. Five years ago you could have earned 1 Bitcoin with a bit of effort, but at the time it was worth that same 20 cents. So in terms of Fiat value, you are getting the same amount for your effort.

Maybe, but there were people saying that back when Bitcoin first rose into the $15-$20 range as well.

Weekends usually see lower volumes in all trading, not just Ethereum. Mid-week seems to be the biggest volumes days, specifically Tuesdays, Wednesdays, and Thursdays.

This is true, but the point was just because Ethereum has "yet to become its promise" does not mean it is a scam.

My issue is with the word scam being tossed around all the time. According to many that post here, if something isn't released in perfect condition with any and every foreseen and unforeseen problem already accounted for and coded in, and unless it instantly skyrockets in value, but never even once falls, it is a scam.

Not a bad decision. Even if all the fudders are right, you lose a few bucks in the end, so what.

But you are correct in that there seems to be a lot of interest in this coin. Both the New York Times and Forbes have recently run articles on Ethereum, so interest is definitely building.

Once real money joins in there will be plenty of room for both, and plenty of others as well. People who think there can only be one or the other aren't thinking big enough. This may be a few years out yet, or it could happen overnight, but the interest is steadily growing.

I have heard of the others, but what is this cookie hijack about?

I had a small amount of alts on Bittrex that wasn't touched and I also didn't have 2FA enabled. I have since enabled it, but may move my few coins off there anyway. Cryptsy is still too fresh in my mind.

Exactly. The same could be said for BTC, weren't we supposed to be at $10,000 coin now or something? Must be a scam....

Stability can be good. I remember when everyone was complaining Bitcoin would never go anywhere because it wasn't stable enough to be used as a currency. Well now both BTC and LTC have been fairly stable and now all of a sudden they are dead...

Is that in Fahrenheit or Celsius? I suspect Celsius, and if so that is rather hot and will shorten the life of your cards.

You imply these are in a case, at a minimum take off the case side to increase ventilation, or better yet take off the side and rotate the case so the open end is pointing up to maximize heat removal.

If you even want to get serious in the future with additional rigs, make them open air design (no case) to really open up the cooling. Plenty of examples to search for out there from the scrypt mining days.

True, market psychology 101. Also true why people who say I am going to sell all  my Eth at 0.035, 0.4, or whatever don't, because they get greedy and hold out for more.

Here is a more likely scenario based on human behavior:

Price low 0.001 or whatever - coin is ignored or thought it "won't go anywhere" by most.
Price moves up a bit - still ignored by most, thought of as "pump and dump -I am staying out".
Price has made tons of gains and it up 100's or even 1000's of percent - FOMO people buying with both hands "I better get in before it too late, to the MOON!"
Price drops down slightly under their investment - "oh well, probably only a minor correction, I will hold on."
Price drops a lot under their investment - "Oh shit, I screwed up, better get out while I can walk away with something, this shit is going to 0"
Price is back to, or close to original price point - "Damn, I glad I sold when I did, I knew this was a shit coin, never touching it again."
Process repeats...

Yeah, this thread is total BS. It is not like the Devs had 77 mil Eth and the price went instantly to $10-$15, nor did they ever make any claim that it would (like PayCoin), to imply any type of scam.

Besides the IPO, the coin traded publicly on exchanges for well under a dollar from September to December 2015, and as low as 50 cents in parts of October 2015. So everyone crying foul, you could have picked up a nice stash say 5,000 Eth for a $2,500 investment last October, or even $5,000 investment if (bought higher) while it traded under $1 in much of the later half of the year.

Now that 5,000 ETH would have fetched anywhere from $50,000 ($10) to $75,000 ($15) in recent weeks. Again, this opportunity was present for everyone who cared to buy, not just an elite group of insiders. I expect the foundation sold off quite a lot of that ETH early on, as there were initially concerns about funding future development, Only after ETH took off to over $5 levels did they state they were now secure for the future, so I don't think they held on to the big stash looking to dump it all at once.

Do they still hold some, yes I am sure why wouldn't they as they indeed have a vested interest in its success. Do they plan to dump it all and walk away? Again, why would they when everything is pointing to a bright future. I agree there have been a lot of scam, or pump and dump type of coins over the last years, so maybe it is now just hard to see when something is legit. I could point out similarities in anything if I wanted to try and associate something with a scam, after all most bank robbers wear blue jeans, but that does not mean all people wearing bluejeans are bank robbers.

Don't underestimate how much and how fast Bitcoin can move in a very short period of time. Just for comparison, not saying it is going to happen again like this, but the price in September 2013 dropped to under $80 and two months later in November 2013 it reached its ATH over $1,200.

We are quite a bit above that $80 mark now, so a proportional rise compared to 2013 (15x) would take us to over $6,000. Now that is not going to happen and I just used it to put things into perspective of how $800 is certainly possible, and even $1,200 again which would only be a 3x rise this time around. So an paltry $600 prediction looks very pessimistic.

Of course, in the end much of it will be determined by the miners. If they intend to dump their daily production on the market at current prices, then there would be no market pressure except for the slightly reduced daily supply. Considering 2/3 of all the Bitcoins are already mined, the new supply will start having less and less effect on the overall market as time goes on.

Sell enough on a regular basis to offset any costs, such as electrical at least this way you are not going to lose anything, think of it as your are buying the ETH with your slightly higher power bill. Of course seeing you are only mining 0.5 ETH a day, I am guessing you are mining with one or two GPUs at roughly 25-30 MH/s hash-rate, so this might not be that much extra cost to your normal power bill.

Hold on to the rest for times when you think it is peaking and sell then. Right now it is low and I think we will see 0.03 again sometime soon. A nice piece covering Ethereum was published today at the NY Times so I think this will help to reverse the recent downtrend, even if temporarily. My point is to hold out for the peaks to sell and don't get scared off by the lows.

Not sure of you seen this yet or not, but it is an interesting and positive news piece for Ethereum, especially from the NYTimes.

http://www.nytimes.com/2016/03/28/business/dealbook/ethereum-a-virtual-currency-enables-transactions-that-rival-bitcoins.html?ref=technology&_r=0

Well this day and age the internet is just like a utility and a lot of other things would break as well, arguably more important than just Bitcoin. If it was just the internet, there are other means of communications, such as private networks, ham radio, etc. that the super dedicated could probably figure out a way to make it work.

I agree with your first statement, in that there is plenty of room for both Bitcoin and altcoins to co-exist. In fact the old adage "a rising tide will float all boats", or in this case a rising Bitcoin, is appropriate because with more money pouring into Bitcoin there is also more available for alts.

Looking back at BTC's first rise, LTC caught the wave as it was not only hanging on BTCs coattails, but many people at the time thought since they missed Bitcoin at $2 this was there chance to get in on Bitcoin2, aka LTC. LTC has fallen out of favor somewhat since then, but there are plenty of other up and coming alts which people might equate to their Bitcoin2 opportunity.