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Author Topic: ETH price soaring. Are you going to move some BTC into ETH?  (Read 198829 times)
stoat
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March 03, 2016, 01:54:18 PM
 #581

Its not worth arguing with these morons any more.  And thats what I consider people who haven't bought ETH, morons.  Just like the people who didn't buy BTC when it was $1 because of this or that justification.

You're all stupid as hell and deserve to be poor.

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mtnsaa
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March 03, 2016, 02:06:18 PM
 #582

Its not worth arguing with these morons any more.  And thats what I consider people who haven't bought ETH, morons.  Just like the people who didn't buy BTC when it was $1 because of this or that justification.

You're all stupid as hell and deserve to be poor.

Exactly, and that's a fact because you could already be very wealthy if you invested some months ago. Even if you had a lot of BTC (more than 10 at least) and went all in on Jan/Feb you will be a huge whale now (and continue to grow in the next weeks...). Anyway these people are the exact same ones that would've bought Bitcoin at 5 and sold at 7 because of whatever stupid reason. Maybe they even passed on BTC altogether...
toknormal
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March 03, 2016, 02:07:52 PM
Last edit: March 03, 2016, 02:22:09 PM by toknormal
 #583


You cannot conflate a currency with script fuel. The average user doesn't care how their app or dapp runs , they just want it to run cheaply and efficiently and securely.

Ok, agreed. And about a month ago, I was more or less agnostic about how the value of Ether would be impacted. I held some from the IPO "just in case" but thought it may go down equally as up. I just didn't now how the market would value the blockchain tokens as distinct from the assets that run on them.

However, the market has kind of spoken.

It's still early days, but clearly the ecosystem as a whole is going to have significant value. If that entire ecosystem runs on a scarce resource then that will have value as well. The scarce resource isn't just the tokens, it's the hashing power and it seems to be "following the money" so I'm not going to argue with the market.

MSFT  and other companies can and will create their own standards that are partially open source. There is no need for them to buy a pathetically small 25k userbase

Eh hem..Ethereum already has a Javascript API. How much more "standards based" do you want than that ?

I will give you that Adam Back did say one thing about Blockchain 2.0 that does favour your view, though. He said that the he thought the applications were independent of the tokens and therefore could "go elsewhere". That may be true to some extent but it's all a question of degree.

Look at that hashrate chart again. That's only going to increase from now - whatever happens to the price. If you're a venture capitalist looking to plough your dough into a new "Daap", what blockchain are you going to pick for maximum security and track record ? This one or Microsoft's one that with the relative hashpower of 10 PC's in their back office by comparison ?

No contest.

I'm not saying they might not come up with a feeble attempt like they did with IIS. I'm just saying it's too late for it to be anything other than that.


nickenburg
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March 03, 2016, 02:52:36 PM
 #584

Its not worth arguing with these morons any more.  And thats what I consider people who haven't bought ETH, morons.  Just like the people who didn't buy BTC when it was $1 because of this or that justification.

You're all stupid as hell and deserve to be poor.

Haha I know right, I am telling everyone to buy Ethereum for the long term.
But they just don't listen, when it was at 3 dollar I already thought it was cheap.
So I bought some and already doubled the cash I put in.

And I think it is more then just a pump and dump, ethereum is here to stay and it will see 100+$
spike420211
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March 03, 2016, 02:58:50 PM
 #585

Bill Gates' paper tape interpreter sitting on top of a disk operating system they smash-and-grabbed from IBM

Google Gary Kildall and CP/M, learn some history, son. [I'm 58, this was before I became a hardware technician LOL]
IBM literally gave away the farm over the course of 5 years. Being the Luddites in suits they were didn't help 4 shit...
dE7ERV
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March 03, 2016, 03:18:52 PM
 #586

Everyone seems to be worried that Microsoft will "steal" ETH technology to create their own thus eliminating ETH alltogether.
I can tell you that most corporations don't work like that.

It takes A LOT of money to develop something on your own (proposition, roadmap, project startup, project manager/owners analists, programmers, support, etc etc...), they will rather buy the company and adapt it to their technologies.

Stop thinking of corporations as evil. The goal of every corporation is to make money. if ETH helps them do that, they will be more interested in buying them rather then copying their stuff from scratch.
toknormal
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March 03, 2016, 03:47:47 PM
Last edit: March 03, 2016, 04:02:13 PM by toknormal
 #587


Google Gary Kildall and CP/M, learn some history, son

Here you go.

(P.S. You're not old enough to be my Father I'm afraid  Wink  )
BitUsher
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March 03, 2016, 05:34:10 PM
 #588

Stop thinking of corporations as evil. The goal of every corporation is to make money. if ETH helps them do that, they will be more interested in buying them rather then copying their stuff from scratch.

No one is suggesting MSFT is "evil" , but they are smart, and aren't going to give up control to Vitalik's Organization.
Do a little research into  all the times MSFT and other companies have used the principle of Embrace , Extend, Extinguish   .

Its not worth arguing with these morons any more.  And thats what I consider people who haven't bought ETH, morons.  Just like the people who didn't buy BTC when it was $1 because of this or that justification.

You're all stupid as hell and deserve to be poor.

Don't get your panties in a wad. I never told people to avoid buying Eth, just setting realistic expectations and using the same criticism against delusional Bitcoin investors with delusional Ethereum Investors. It is unrealistic any large corp will invest in Eth the fuel, just like how none of them are buying up bitcoin (besides overstock- but that is a weird exception).

toknormal
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March 03, 2016, 06:13:53 PM
 #589


A tsunami of ETH profits about to hit the Dash reserve market to take advantage of the 12-15% return plus the current hard packed valuation.
stoat
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March 03, 2016, 06:21:25 PM
 #590


A tsunami of ETH profits about to hit the Dash reserve market to take advantage of the 12-15% return plus the current hard packed valuation.


Why would people take money out of a succesful and growing cryptocurrency and put it in to a failing one?

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mtnsaa
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March 03, 2016, 06:52:03 PM
 #591


A tsunami of ETH profits about to hit the Dash reserve market to take advantage of the 12-15% return plus the current hard packed valuation.


LOL at these roaches getting out of their caves, Monero, Dash and all these dying coins, Ethereum is here man, your time is up...even Bitcoin is shaking but at least it can still be digital gold, it has proven itself for all these years and even if it failed as payment system, it still works as a storage of wealth. The rest are all dead, deal with it.
drawingthemoon
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March 03, 2016, 06:54:37 PM
 #592


A tsunami of ETH profits about to hit the Dash reserve market to take advantage of the 12-15% return plus the current hard packed valuation.


LOL at these roaches getting out of their caves, Monero, Dash and all these dying coins, Ethereum is here man, your time is up...even Bitcoin is shaking but at least it can still be digital gold, it has proven itself for all these years and even if it failed as payment system, it still works as a storage of wealth. The rest are all dead, deal with it.

Ignore him, he is known dashtard, manipulating the ignorant dashtards for profits for a long time

Look at his joke here https://bitcointalk.org/index.php?topic=421615.msg14019322#msg14019322


When you waste half the day peering at charts, reading blogs and trying to not loose your shirt in various hurricanes like the Ethereum market


I've been following the charts for a couple of months and if anything it's held up very well and even consolidated.
 

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toknormal
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March 03, 2016, 06:54:59 PM
 #593


Ethereum is here man, your time is up...even Bitcoin is shaking

You sound like you're not out of nappies yet and got a bit drunk despite that.

Trade carefully  Wink
partysaurus
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March 03, 2016, 06:56:05 PM
 #594

Everyone seems to be worried that Microsoft will "steal" ETH technology to create their own thus eliminating ETH alltogether.
I can tell you that most corporations don't work like that.

It takes A LOT of money to develop something on your own (proposition, roadmap, project startup, project manager/owners analists, programmers, support, etc etc...), they will rather buy the company and adapt it to their technologies.

Stop thinking of corporations as evil. The goal of every corporation is to make money. if ETH helps them do that, they will be more interested in buying them rather then copying their stuff from scratch.


so they will buy it then and "destroy" it and make their own technology same idea diffrent name and under microsoft flag. so anyway ether will not exist anymore Smiley thats how big corps roll.
Viviyang
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March 03, 2016, 07:02:29 PM
 #595

Everyone seems to be worried that Microsoft will "steal" ETH technology to create their own thus eliminating ETH alltogether.
I can tell you that most corporations don't work like that.

It takes A LOT of money to develop something on your own (proposition, roadmap, project startup, project manager/owners analists, programmers, support, etc etc...), they will rather buy the company and adapt it to their technologies.

Stop thinking of corporations as evil. The goal of every corporation is to make money. if ETH helps them do that, they will be more interested in buying them rather then copying their stuff from scratch.


so they will buy it then and "destroy" it and make their own technology same idea diffrent name and under microsoft flag. so anyway ether will not exist anymore Smiley thats how big corps roll.

If the Microsoft can keep my Ethereum valuable, I do care if they will change the name or not. Name is not important.

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partysaurus
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March 03, 2016, 07:13:05 PM
 #596

Everyone seems to be worried that Microsoft will "steal" ETH technology to create their own thus eliminating ETH alltogether.
I can tell you that most corporations don't work like that.

It takes A LOT of money to develop something on your own (proposition, roadmap, project startup, project manager/owners analists, programmers, support, etc etc...), they will rather buy the company and adapt it to their technologies.

Stop thinking of corporations as evil. The goal of every corporation is to make money. if ETH helps them do that, they will be more interested in buying them rather then copying their stuff from scratch.


so they will buy it then and "destroy" it and make their own technology same idea diffrent name and under microsoft flag. so anyway ether will not exist anymore Smiley thats how big corps roll.

If the Microsoft can keep my Ethereum valuable, I do care if they will change the name or not. Name is not important.


they will change the whole product if thats the case, just taking the thing they like and eth will not exist and eth price will reach zero :/
WoJJ78
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March 03, 2016, 07:21:31 PM
 #597

While everybody is bitching about Ethereum I've already raked in 10k, and that just a small part of my investment  Grin  Kiss
mtnsaa
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March 03, 2016, 07:38:26 PM
 #598


Ethereum is here man, your time is up...even Bitcoin is shaking

You sound like you're not out of nappies yet and got a bit drunk despite that.

Trade carefully  Wink

I'm not buying anymore since I don't have any more BTC left, I got in at the 90-low100s and I'm holding since then. I did profit on the way up too since January but I shorted my positions sadly. I hope many early adopters made thousands and millions already. Ethereum has been called a scam and p&d since it was starting to get traction at 0.004 etc every day and every week.

Now you can read all about it here ironically: https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/
mtnsaa
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March 03, 2016, 07:39:22 PM
 #599

While everybody is bitching about Ethereum I've already raked in 10k, and that just a small part of my investment  Grin  Kiss

Exactly, let these idiots continue to wonder when it will pop or if it's a scam or whatever. When they decide to jump ship it will be too late.
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March 03, 2016, 08:24:48 PM
 #600

I'm in both camps, Ethereum and Bitcoin. I can envisage the utility of both. Bitcoin and a storage of wealth and Ethereum as the world computer fulfilling smart contracts, etc. What I don't understand is why the diehards Bitcoin fanatics cannot see this. The Bitcoin community cannot even decide on changing one digit for gods sake. Ethereum seems to have more authority and leadership guiding it to its goal. Long may it last.

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