rocketron
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March 09, 2016, 01:44:47 PM |
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Having all your eggs in one basket isnt a good thing either. I wont be moving some of my bitcoin to eth as some people say that eth is a failed crypto from the start.
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spike420211
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March 09, 2016, 03:32:34 PM |
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That could be a good purchase if you look back in 20 years. The price of Ethereum could be the same as bitcoin then.
AND, right now, if I'm buying ETH w/ just the cash game winnings, I'm not spread too thin.
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yefi
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March 09, 2016, 05:54:39 PM |
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Bitcoin solved a problem - a need for de-centralized exchange of value.
What problem does Ethereum solve?
As far as decentralized distributed computing goes, there really isn't a need like there was with value.
The purpose it seems to be serving now is speculation and not function. Bitcoin is currently used to exchange value, is ethereum being used for distributed computing? By whom? Will it ever be used for that?
The only way it ever would be used for distributed computing is if it is so cheap that it is worthless for speculation because non-decentralized distributed computing power (e.g. Amazon cloud) is cheap.
I feel sorry for the speculators, I don't see how Ethereum ever can do what it is suppose to do if it gains value. It has to lose value or it is useless.
The point isn't the cost - it's very, very expensive. The point is that its computation is as secure as the blockchain. Demand for this resource is debatable, but certainly exists. At the moment price is clearly decoupled from Gas consumption though: https://stats.etherchain.org/dashboard/db/gas?theme=light
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Koamder
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March 09, 2016, 07:24:25 PM |
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Having all your eggs in one basket isnt a good thing either. I wont be moving some of my bitcoin to eth as some people say that eth is a failed crypto from the start.
I have invested in three coins, bitcoin is the reserve currency, Monero for the privacy, Ethereum for the smart contracting.
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unixs_26
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March 09, 2016, 08:42:36 PM |
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yes i want to move my btc into eth..i aggree eth is not shifty alt..
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yefi
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March 09, 2016, 08:46:45 PM |
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Just broke 266... looking bullish.
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pbleak
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March 09, 2016, 09:30:57 PM |
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Just broke 266... looking bullish.
266 what? 0.0266...you know, Bitcoin!
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Minecache
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March 09, 2016, 09:34:16 PM |
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Just broke 266... looking bullish.
266 what? 0.0266...you know, Bitcoin! Next target 0.03
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owm123
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March 09, 2016, 09:41:24 PM |
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Just broke 266... looking bullish.
Now 0.028 already. So this surly shows that ETH is dead \s
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str4wm4n
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March 09, 2016, 09:46:19 PM |
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double top reversal? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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sinner
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March 09, 2016, 09:47:21 PM |
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pbleak
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March 09, 2016, 10:00:54 PM |
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Just broke 266... looking bullish.
266 what? 0.0266...you know, Bitcoin! Next target 0.03 Pretty soon I expect. I suspect we'll see a little run.
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Minecache
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March 09, 2016, 10:06:24 PM |
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Just broke 266... looking bullish.
266 what? 0.0266...you know, Bitcoin! Next target 0.03 Pretty soon I expect. I suspect we'll see a little run. I think a slow build up until Pi Day then WHAM!!!
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mtnsaa
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March 09, 2016, 10:15:02 PM |
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So are we still debating if ETH price is artificial? This will continue until there are some major BTC news but the near future is grim as hell. I'm very surprised of how well BTC price held, although I'm still believing that many people are buying BTC just to get ETH.
Many deals and announcements will be made on Monday once Homestead is released, there are talks about new exchanges accepting ETH once is out of beta.
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pbleak
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March 09, 2016, 10:17:31 PM |
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So are we still debating if ETH price is artificial? This will continue until there are some major BTC news but the near future is grim as hell. I'm very surprised of how well BTC price held, although I'm still believing that many people are buying BTC just to get ETH.
Many deals and announcements will be made on Monday once Homestead is released, there are talks about new exchanges accepting ETH once is out of beta.
Psychologically I don't think people will be settled until they see around 15USD to start to believe. Though other coins have been here before, e.g. DRK.
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mtnsaa
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March 09, 2016, 10:28:56 PM |
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So are we still debating if ETH price is artificial? This will continue until there are some major BTC news but the near future is grim as hell. I'm very surprised of how well BTC price held, although I'm still believing that many people are buying BTC just to get ETH.
Many deals and announcements will be made on Monday once Homestead is released, there are talks about new exchanges accepting ETH once is out of beta.
Psychologically I don't think people will be settled until they see around 15USD to start to believe. Though other coins have been here before, e.g. DRK. I don't know, I think $10 for me is a huge barrier, even $5 for certain coins is quite an achievement. I think we are a deal or an announcement away from a huge spike that could potentially be a paradigm shift in the cryptoworld. BTC fanboys are still undermining ETH potential, if this trend continues I don't know what could happen. Nothing last forever. BTC can still survive as a storage of wealth in my opinion, but it's very clear for me that Hearn's words were deeply prophetic and full of truth. It failed, it had its time but it never got adopted massively. But if Bitcoin wanted to be some sort of payment system, it failed miserably and that's a fact.
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Nxtblg
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March 09, 2016, 10:30:28 PM |
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Just broke 266... looking bullish.
Now 0.028 already. So this surly shows that ETH is dead \s It's turned around all right: now above 0.029. I admit, I thought it would drop father than it did.
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pbleak
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March 09, 2016, 10:32:44 PM |
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So are we still debating if ETH price is artificial? This will continue until there are some major BTC news but the near future is grim as hell. I'm very surprised of how well BTC price held, although I'm still believing that many people are buying BTC just to get ETH.
Many deals and announcements will be made on Monday once Homestead is released, there are talks about new exchanges accepting ETH once is out of beta.
Psychologically I don't think people will be settled until they see around 15USD to start to believe. Though other coins have been here before, e.g. DRK. I don't know, I think $10 for me is a huge barrier, even $5 for certain coins is quite an achievement. I think we are a deal or an announcement away from a huge spike that could potentially be a paradigm shift in the cryptoworld. BTC fanboys are still undermining ETH potential, if this trend continues I don't know what could happen. Nothing last forever. BTC can still survive as a storage of wealth in my opinion, but it's very clear for me that Hearn's words were deeply prophetic and full of truth. It failed, it had its time but it never got adopted massively. But if Bitcoin wanted to be some sort of payment system, it failed miserably and that's a fact. We've seen 10 on an alt before and much higher even. Albeit rarely with this much corporate buzz. I'm bullish, but a proper rally is in order to settle people long-term. You can see the uncertainty in weaker hands with the current mini-swing.
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Sark
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March 09, 2016, 10:34:32 PM |
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It's turned around all right: now above 0.029. I admit, I thought it would drop father than it did.
Every downturn I think it will drop farther than it does - this shit is crazy.
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WoJJ78
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ICONOMI enthousiast
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March 09, 2016, 10:43:44 PM |
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I didn't see this coming, the $1B marketcap is going to be reached really soon if this rally continues.
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