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Author Topic: Ethereum-based coins  (Read 2246 times)
electronicash
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July 07, 2017, 03:52:35 AM
 #21

the price of each erc token doesn't depend to ETH.

I've got a question regarding Ethereum in general.

Let's say ETH falls apart with it's price.
How does it affect coins which are based on Ethereum? Do they also take some damage or something?
How they're connected with each other if at all?

Another thing is - I've read somewhere that ETH founder (Vitalik Buterin) can wipe all of your ETH with one command or something like that. Is it some meme or is it actually true?


Eth's CEO Vitalik can wipe out everything. That's the truth. No meme there. That's why we got ETC.

As for the other question, I also wonder the answer.

its all true to all coin even bitcoin if that is what you mean wiping out everything. seem you got it all wrong. the issue why they got ETC isn't because Vitalik can wipe out everything. if you got it all wrong then its not going to make sense to talk you about it.









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drukoz2
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July 07, 2017, 03:59:06 AM
 #22

go to ele coin before difficulty starts rising later on it will be worth something
gribble
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July 07, 2017, 04:08:37 AM
 #23

Many coins based on ethereum's blockchain one of them DDF, why they choose ethereum because
Ethereum is the fastest growing digital currency in the blockchain market. Each of these cryptocurrencies; bitcoin and Ethereum, are unique. Bitcoin blockchain tracks ownership of digital currency, while Ethereum blockchain operates the programming code of a decentralized application. This difference leads to huge implications. Instead of being restricted to a single use, Ethereum is used for creating unlimited distributed applications.

DDF believes that Ethereum ICOs are innovative and democratic funding processes, as they generate new crypto tokens and enable their exchange with Ether

https://bitcointalk.org/index.php?topic=1992157.0
That is topic about DDF for detail information.
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July 07, 2017, 04:27:44 AM
 #24


Have Expanse coin:
https://poloniex.com/exchange#btc_exp
same performance for low cost, only $3 now

tuapoma
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July 07, 2017, 03:12:17 PM
 #25

Ethereum Ran Into Two Problems DASH Long Since Fixed:
https://www.dashforcenews.com/ethereum-ran-two-problems-dash-long-since-fixed/
 Wink
YodaYoda
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July 07, 2017, 03:22:51 PM
 #26

Xbiv,

I found your numbers interesting. Where did you derive the 'capitalization' from?  I.e. the 'real' numbers?


I've got a question regarding Ethereum in general.

Let's say ETH falls apart with it's price.
How does it affect coins which are based on Ethereum? Do they also take some damage or something?
How they're connected with each other if at all?

Another thing is - I've read somewhere that ETH founder (Vitalik Buterin) can wipe all of your ETH with one command or something like that. Is it some meme or is it actually true?

Vitalik Buterin and The Ethereum Foundation have 70,000,000 ETH (77% of capitalisation)
Yes, he can sold it and finish the comedy.
This is also true for Ethereum Classic.

You want Ethereum-based coins?
Have Expanse coin:
https://poloniex.com/exchange#btc_exp
same performance for low cost, only $3 now

Here are some boring numbers:
https://image.ibb.co/iWGd2k/ANNUAL2.png
tuapoma
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July 08, 2017, 02:53:48 AM
 #27

i do not trust Ether and Ripple! i do not trust a cryptocurrency with infinite inflation, then a lot of new money will create a lot of inflation, and an infinite quantity of new money will created infinite inflation. so i already traded all my BTC and ETH for the crypto called Dash Digital Cash. The Dash Digital Cash does not need a SegWit, a true cryptocurrency does not need a SegWit

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July 10, 2017, 07:31:31 PM
 #28

Tokens only matter if they're backed by ethereum. So are not and some are, it depends.
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July 10, 2017, 07:45:06 PM
 #29

The price of each token doesn't depend to the price of ETH, this isn't what it looks like. But ETH is indirectly dependent to the tokens operating on it. If we all are using EDGELESS to play blackjack the whole day and moving EDG from wallets to wallets, we would be needing more ETH for gas which increases the demand of ETH which directly  affects the price.

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pressureonme
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July 20, 2017, 09:00:08 PM
 #30

I've got a question regarding Ethereum in general.

Let's say ETH falls apart with it's price.
How does it affect coins which are based on Ethereum? Do they also take some damage or something?
How they're connected with each other if at all?

Another thing is - I've read somewhere that ETH founder (Vitalik Buterin) can wipe all of your ETH with one command or something like that. Is it some meme or is it actually true?


I don't think ethereum based ERC20 tokens are directly linked to ethereum prices. Most of the coins are traded against bitcoin like XXX/BTC. Ethereum trades are very rare in the market. In addition, if ethereum falls, the market probably falls too.
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