Etherium. What's next?

[tsoPANos]

Back in last year, I was impressed by how an 'innovative' project like ethereum drew so much attention, aiming at
 expanding cryptocurrency possibilities. They called it web 3.0, they called it cpryptocurrency 2.0, the called it the future.
Several months later, back in last summer the ether IPO started. I was not experienced in any IPO, so I was skeptical
of investing even the minimum of 0.01 BTC. The solution was to see what other people were thinking about the IPO.
I was convinced not to invest.People said that a lot of times money have been lost in IPOs and pre-mined coins.

I still consider ethereum a great idea, and I am happy that cryptocurrencies evolve.
However the IPO has nothing to do with the project's innovative nature!
On top of that, it appears to me that ethereum could barely be called decentralised; The devs
have a lot of power over the network! In comparison to bitcoin, the only thing a bitcoin dev
can do to harm bitcoin except from abandoning the project, is to issue a false aka fake alert using the alert key!
Also, even if the project fails, the devs will be rich! Remember the IPO?
Also ether is official stated as 'crypto fuel' and not money. This will make it easier to evade any future accusation


What do you think? Am I right?
Should I feel bad I didn't invest?

[monsanto]

have a lot of power over the network! In comparison to bitcoin, the only thing a bitcoin dev
can do to harm bitcoin except from abandoning the project, is to issue a false aka fake alert using the alert key!

What's interesting is that I think there's some sort of difficulty "bomb" built into the POW algorithm, so that in about a year the difficulty skyrockets forcing POS or I guess POW fork. So, if for some reason the devs abandon the project (say there was some legal issue a la ripple) well, who knows what would happen.

[Snail2]

Back in last year, I was impressed by how an 'innovative' project like ethereum drew so much attention, aiming at
 expanding cryptocurrency possibilities. They called it web 3.0, they called it cpryptocurrency 2.0, the called it the future.
Several months later, back in last summer the ether IPO started. I was not experienced in any IPO, so I was skeptical
of investing even the minimum of 0.01 BTC. The solution was to see what other people were thinking about the IPO.
I was convinced not to invest.People said that a lot of times money have been lost in IPOs and pre-mined coins.

You obviously missed an opportunity for a nice profit.

I still consider ethereum a great idea, and I am happy that cryptocurrencies evolve.
However the IPO has nothing to do with the project's innovative nature!
On top of that, it appears to me that ethereum could barely be called decentralised; The devs
have a lot of power over the network! In comparison to bitcoin, the only thing a bitcoin dev
can do to harm bitcoin except from abandoning the project, is to issue a false aka fake alert using the alert key!
Also, even if the project fails, the devs will be rich! Remember the IPO?
Also ether is official stated as 'crypto fuel' and not money. This will make it easier to evade any future accusation


What do you think? Am I right?
Should I feel bad I didn't invest?

Ethereum going to be something very close to a corporate system. Probably some sort of sandbox for some real corporate systems. Banks and banking application developers will surely like its technology, IBM also planning to pick up at least a part of the code for making blockchain based smart connections between devices and other entities, so I think Ethereum will be a great development platform, just like the opensource Xen for Citrix.
As a coin... I'm pretty sure it will survive, but probably will experience the same controversy as NXT or Ripple.

[worldinacoin]

I believe it will go far, definitely will buy when it is low prices.

[stoat]

I've never been about trading or speculating.  I'm a hodler.  I hodl Bitcoin and if Bitcoin didn't exist I would probably hodl gold or platinum.  I will hodl ether and never sell.  I think 90% of Presale coin holders are like me. Never sell.  I didn't buy ether because I wanted to dump on the IPO. I bought it because I trust vitalik. He is too autistic to scam anyone. 

Once the first gui that has been security audited comes out and the first DAPPS start running, there will be a market demand for ether because these DAPPS like decentralised Uber and decentralised airbnb will outcompete the centralised versions.

The reason they kept a lot of ether was to fund dapp development and to donate to dapp developers.

I think a large amount might be given away by the foundation to dapp developers which would mean a low market value for a while. 

A year is a long time in crypto, I think Ethereum will look much healthier by then.

[Ingatqhvq]

it's not worth it, there are already some thing like Etherium, they are more worth to invest.
                                                                                           

[stoat]

it's not worth it, there are already some thing like Etherium, they are more worth to invest.
                                                                                           

Like what? 

[Elendariel]

The thing is, etherium isn't ment to be used as a currency, but to only fuel the platform. Smart contracts etc. People assume that it is a scam, but in my eyes they have been very much open about what it is going to be. As for the price drop, anyone who has been in the crypto scene knows that every coin that is released will have a huge price drop, specially in coins that has an initial investment in it.

I am very much happy i invested in etherium, i made monster profits and profited on the fact that i knew that most people who invested in the coin wouldn't be able to sell at the start since they wouldn't know how to use the command line wallet. I sold my investment early since i know when the windows wallet comes most will be dumping their ethers then. I believe that Etherium can be a huge part of our economy, not necessarily as a coin but as a platform for innovation, it shouldn't be taken lightly.

As for investing in the etherium-coins, i will wait untill the windows wallet gui has been made and the rest of the people have dumped their possible investment.

[stoat]

The thing is, etherium isn't ment to be used as a currency, but to only fuel the platform. Smart contracts etc. People assume that it is a scam, but in my eyes they have been very much open about what it is going to be. As for the price drop, anyone who has been in the crypto scene knows that every coin that is released will have a huge price drop, specially in coins that has an initial investment in it.

I am very much happy i invested in etherium, i made monster profits and profited on the fact that i knew that most people who invested in the coin wouldn't be able to sell at the start since they wouldn't know how to use the command line wallet. I sold my investment early since i know when the windows wallet comes most will be dumping their ethers then. I believe that Etherium can be a huge part of our economy, not necessarily as a coin but as a platform for innovation, it shouldn't be taken lightly.

As for investing in the etherium-coins, i will wait untill the windows wallet gui has been made and the rest of the people have dumped their possible investment.

Congratulations on dumping. When do you plan to buy back in?   Don't you think people that wanted to dump couldn't already use the sweeper tool on kraken?  I don't think windowsGUI will cause more dumping.  I think it will cause more buying.   

If you look at the chart the price of 0.0026 looks like a pretty stable floor. I think the dumping is finished already.

[Americunt]

There needs to be a Silk Road DApp & DAO on Ethereum.

[nextgencoin]

The thing is, etherium isn't ment to be used as a currency, but to only fuel the platform. Smart contracts etc. People assume that it is a scam, but in my eyes they have been very much open about what it is going to be. As for the price drop, anyone who has been in the crypto scene knows that every coin that is released will have a huge price drop, specially in coins that has an initial investment in it.

I am very much happy i invested in etherium, i made monster profits and profited on the fact that i knew that most people who invested in the coin wouldn't be able to sell at the start since they wouldn't know how to use the command line wallet. I sold my investment early since i know when the windows wallet comes most will be dumping their ethers then. I believe that Etherium can be a huge part of our economy, not necessarily as a coin but as a platform for innovation, it shouldn't be taken lightly.

As for investing in the etherium-coins, i will wait untill the windows wallet gui has been made and the rest of the people have dumped their possible investment.

Congratulations on dumping. When do you plan to buy back in?   Don't you think people that wanted to dump couldn't already use the sweeper tool on kraken?  I don't think windowsGUI will cause more dumping.  I think it will cause more buying.   

If you look at the chart the price of 0.0026 looks like a pretty stable floor. I think the dumping is finished already.

Shut up shrill.

[nextgencoin]

There needs to be a Silk Road DApp & DAO on Ethereum.

Why not just call the NSA up and tell them the location of your meth lab?

[stoat]

The thing is, etherium isn't ment to be used as a currency, but to only fuel the platform. Smart contracts etc. People assume that it is a scam, but in my eyes they have been very much open about what it is going to be. As for the price drop, anyone who has been in the crypto scene knows that every coin that is released will have a huge price drop, specially in coins that has an initial investment in it.

I am very much happy i invested in etherium, i made monster profits and profited on the fact that i knew that most people who invested in the coin wouldn't be able to sell at the start since they wouldn't know how to use the command line wallet. I sold my investment early since i know when the windows wallet comes most will be dumping their ethers then. I believe that Etherium can be a huge part of our economy, not necessarily as a coin but as a platform for innovation, it shouldn't be taken lightly.

As for investing in the etherium-coins, i will wait untill the windows wallet gui has been made and the rest of the people have dumped their possible investment.

Congratulations on dumping. When do you plan to buy back in?   Don't you think people that wanted to dump couldn't already use the sweeper tool on kraken?  I don't think windowsGUI will cause more dumping.  I think it will cause more buying.   



If you look at the chart the price of 0.0026 looks like a pretty stable floor. I think the dumping is finished already.

Shut up shrill.

- getgems.org

I think we all know who's the shill.

[Elendariel]

The thing is, etherium isn't ment to be used as a currency, but to only fuel the platform. Smart contracts etc. People assume that it is a scam, but in my eyes they have been very much open about what it is going to be. As for the price drop, anyone who has been in the crypto scene knows that every coin that is released will have a huge price drop, specially in coins that has an initial investment in it.

I am very much happy i invested in etherium, i made monster profits and profited on the fact that i knew that most people who invested in the coin wouldn't be able to sell at the start since they wouldn't know how to use the command line wallet. I sold my investment early since i know when the windows wallet comes most will be dumping their ethers then. I believe that Etherium can be a huge part of our economy, not necessarily as a coin but as a platform for innovation, it shouldn't be taken lightly.

As for investing in the etherium-coins, i will wait untill the windows wallet gui has been made and the rest of the people have dumped their possible investment.

Congratulations on dumping. When do you plan to buy back in?   Don't you think people that wanted to dump couldn't already use the sweeper tool on kraken?  I don't think windowsGUI will cause more dumping.  I think it will cause more buying.  

If you look at the chart the price of 0.0026 looks like a pretty stable floor. I think the dumping is finished already.

Well, i will be following the markets closely as etherium has a more than a good chance of getting a much higher marketcap but i will wait for the initial excitement of people to wither down a bit before considering it. I do not think most people have dumped as the command line wallet is very hard to use for people who are not tech-savvy, theres a lot of buy resistance but it will steadily go down despite of it. I can be wrong but highly doubt it as i am rarely wrong in this sort of things in my own experience.

 I have no idea about kraken as i traded at poloniex, we had a 24h waiting period before trading was allowed (Etherium staff asked exchanges to wait). What windowsgui will do is give access to those wallets that people haven't yet been able to access to, only logically i think they will sell if the price is still higher than from when they bought their coins a year ago. After that i believe the price will start settling to a norm.

This is only my opinion but i always value it highly, might be biased though  

Edit: kraken volume is so low, most people wont be able to dump there.

[HCLivess]

nxt is grammar school 
couldnt help the joke, sorry

[shanem]

The price will constantly drop as people keeps unloading this coin to take profit from the ICO.
It will take some time for the price to stabilise before it is worth to buy.

[Abiky]

Prices keeps getting lower and lower. I think it's time for me to buy some ethers. They're very cheap. Who knows? Maybe I'll get rich soon....lol 

[tiggytomb]

The price will constantly drop as people keeps unloading this coin to take profit from the ICO.
It will take some time for the price to stabilise before it is worth to buy.

My thoughts exactly, they have waited so long since the ICO took place that many will just dump to get their money back, it will be some time before we see a stable price.

[devilfischer]

Looks to me like the market has bottomed out. People over use the word "dump",  only once you get close to ICO prices are people "dumping". Most who transferred coins to the exchange were looking to profit 10X ICO, not the less than 2.5X it's currently sitting at, and only because there was an obvious opportunity to buy back in cheaper. Over 2.5 mil ETH has already been traded, on the 3 sole exchanges that are offering it and still has been almost no USD market or Chinese market tapped yet.  Also the buy orders are building now compared to sell orders and ETH flowing to the exchanges has slowed right down.

[Abiky]

What would be the wise decision? Buy more ETH while the price is low, or just wait? Just curious