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Leaning towards staying away from Eth right now, long term still good prospects but for the moment enjoying being a spectator.
I think the Ethereum will go no where within 27 days of the initial attack. It might change violently after that time. The price is dripping at the moment. People are waiting for the results of the soft fork and see the effect. I will wait for a few weeks to see the effect of the soft fork. If it is very good, I will start buying Ethereum. The Ethereum price has dropped below $10 for the first time in many months. It seems some people are selling.
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Selling is the current trend as of this post but planning to buy it back at bottom low.
and how would one know if this is not bottom low? Maybe this is bottom low now and it will only go up so you will miss the train. We will only know that retrospectively. But if the Etheruem is suported by the community, the price will rise.
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They'd limit the coins to be produce since if they just keep producing ETH, it will devalue the rest that has been out already. As far as i know they do have about 1.8 Billion Coins as the total amount. is this real? I just got the info from http://coinwik.org/List_of_all_DCsNo , there are currently 78,659,188 ETH , but the plan is a relatively flat inflation rate , thus an infinite amount of ETH as long as the token still exists. My guess is that ~Turing complete tokens will be a security risk and act more like an experimental bitcoin sidechan to test new scripts that can be added if needed to btc in the future. People have an odd notion that Turing complete is a good thing when it involves a currency ignoring the security concerns. those 78M include the pos also? because i doubt it is possible to produce all those coin in just one year of mining, and we are going pos in few months That include the ICO. ETHER DISTRIBUTION OVERVIEW Genisis (60M Crowdsale+12M Other): 72,009,990.50 Ether + Mining Block Rewards: 7,318,114.22 Ether + Mining Uncle Rewards: 393,531.25 Ether = Current Total Supply 79,721,635.97 Ether
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The price of ether is consistently rising for the past two days, base on my observation while trading at yobit, it almost go up to 50%, last time I check was the price is 0.015 BTC then now its suddenly .019 close to 0.02BTC, what are the implications on this, is it good to buy now and invest? I have not yet pulled my trigger so I need a serious advice from our experts here.
buy! quick buy now! There is no hurry to buy now. The price will fluctuate around the 0.02 level for a few months. Then it could rise.
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I wonder how people trade something they don't understand, honestly this Ethereum is complete nonsense to me and too complicated.
Then you should spend some time to learn about it. Maybe the market has decided it is good coin, so the price has risen.
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While BTC and ETH can often affect one another in an inverse relationship, it was very obviously not the case when I posted. The rise at the time, 1-5 am UTC, March 28, was clearly due to the article. Anyone who disagrees, show me some convincing evidence to the contrary... here's a hint, you're not going to.
The Ethereum price is fairly stable at the moment. It is around $10-12. But it is price in bitcoin changes a lot.
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Actually this is not the time to convert bitcoin into eth because its over price sooner or later the price will decrease after they saw some traders is dumping and price will be back again for the price of 0.01..
We all wish for that, but this uptrend will likely continue for many days and weeks so the chance of it go back to 0.01 is getting remote. And even if it does, I would've still made a huge profit... Do you mine the Ethereum? If you mine and when the price drops and the difficulty also drops, you might still make money.
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Mining bitcoin with CPU is not profitable anymore since the difficulty keep increasing by each day if only you tried to mine it with CPU back at 2011 you will probably be rich by now nowadays no one is mining with CPU anymore since the electricity will bring you down before you can make any decent profit try to buy yourself a mining rig like antminer if you want to mine coins So is it only related to bitcoins that minning bitcoins is not profitable with CPU. If we mine Alt coins with CPU, it can be profitable because of less difficulty. For most altcoin, it is not profitable to mine with CPU. Examples are Dash, Monro and Ethereum. Ethereum could be an exception. It is mineable with CPU and you can make very little profit now.
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The people crying, 'It's going to dump!', 'Cant go much higher!', and then talk about all this TA bullshit make my day, each and every day. I've held Eth for a damn long time and have not considered ONCE to get rid of anything.
But honestly, we need these people. They are the ones that feed the accounts of the people who are patient and wiser.
Have fun when price crash to $1, ETH is just another litecoin. Much hype - not so much development There is quite a lot of development going on with Ethereum at the moment. But I do not understand why the price rises so high.
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Yes you can mine with a dual core but only 10 satoshis or less. You can use faucets for more earnings than mining with your cpu.
That is right in terms of earning. But if you want to support the coin network and the hash rate of that coin is very low, you can use CPU.
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I do not see much problem Mike Hearn quits bitcoin and sold all his bitcoin. He did not contribute much to the code of bitcoin and caused lots of controversy in the past.
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you can do that...but waste your time and electricity...your cpu will be very hot maybe its going to blow.. and you got a very2 low profit maybe almost no profit because of the electricity....
i am mining every day, 24 hour and my cpu is on normal temperature. i am mining on office computer and i am not paying for electricity fee. i am earning min 13k satoshi evrey day, doing nothing If you mine XMG or Monero, you will earn more. But your computer has to support AES_NI for Monero. i am mining bcn BCN (ByteCoin) uses the same cryptonight algorithm as the Monero.
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