To everyone converting BTC to ETH

[ebliever]

the price of ether is going up again, so i suppose that they have already reached a consensus. i would like to know what will be the teams decision. a fork or not?

It looks like there is consensus for a soft fork to try to deny the attacker his funds; beyond that it is all clear as mud from what I can see. It's interesting because it runs counter to the dominant stream of thought on the "Theymos wants to burn Satoshi's coins" thread that has been running here for some time.

[BTCBinary]

Ok. thanks But know it seems that the DAO's smart contract received another wave of attacks. The ether balance started to decline at a fast pace, it has now been revealed that members of the curator team and the Ethereum foundation are behind a white hat attack to rescue the remaining funds.

http://www.newsbtc.com/2016/06/21/dao-curator-lead-white-hat-attack/

[shinratensei_]

Ok. thanks But know it seems that the DAO's smart contract received another wave of attacks. The ether balance started to decline at a fast pace, it has now been revealed that members of the curator team and the Ethereum foundation are behind a white hat attack to rescue the remaining funds.

http://www.newsbtc.com/2016/06/21/dao-curator-lead-white-hat-attack/

over time will be good news, The hacker does not stop there. The DAO take the prevention step. wow, The DAO still have remaining funds?

"Several hours ago The DAO's smart contract received another wave of attacks. The ether balance started to decline at a fast pace, it has now been revealed that members of the curator team and the Ethereum foundation are behind a white hat attack to rescue the remaining funds."

[chineseprancing]

Read a little about history of NXT, while jumping ship to ETH as a store of value. Compare the following two graphs...

a. http://coinmarketcap.com/currencies/ethereum/#charts

b. http://coinmarketcap.com/currencies/nxt/#charts

Compare the following facts...

i. NXT was backed by a centralized organization, just like ETH.

ii. NXT was PoS, just like ETH will ultimately be.

iii. NXT offered asset exchange, while ETH offers smart contract. Both of these functionality, which they claim to make them unique, are actually possible on bitcoin blockchain, which is far more secure.

iv. With price rise, NXT backers sold their holding to increase liquidity in the market. With price rise, ETH backers are increasing ETH supply in the market to increase liquidity in the market.

p.s. Alt coin trading is a gambling. If u wanna test your luck on some coin under pump, its fine. But, make sure to come back to BTC, when u have made enough, otherwise u'll lose all and have to be a mute spectator while the next alt wave hits. GooD Luck

and now its opposite, they are converting their eth to btc cause eth is hack by the hackers and its gone

[LuckGone100]

yes i converting BTC to ETH.cos one day ETC price will be one day same like as BTC and i waiting for that day... !

[Winoc]

Read a little about history of NXT, while jumping ship to ETH as a store of value. Compare the following two graphs...

a. http://coinmarketcap.com/currencies/ethereum/#charts

b. http://coinmarketcap.com/currencies/nxt/#charts

Compare the following facts...

i. NXT was backed by a centralized organization, just like ETH.

ii. NXT was PoS, just like ETH will ultimately be.

iii. NXT offered asset exchange, while ETH offers smart contract. Both of these functionality, which they claim to make them unique, are actually possible on bitcoin blockchain, which is far more secure.

iv. With price rise, NXT backers sold their holding to increase liquidity in the market. With price rise, ETH backers are increasing ETH supply in the market to increase liquidity in the market.

p.s. Alt coin trading is a gambling. If u wanna test your luck on some coin under pump, its fine. But, make sure to come back to BTC, when u have made enough, otherwise u'll lose all and have to be a mute spectator while the next alt wave hits. GooD Luck

and now its opposite, they are converting their eth to btc cause eth is hack by the hackers and its gone

I already knew that this would gonna happen..Bitcoin is at the top of other digital currencies..These type of altcoins stay for a few months and then they die..I just have faith in bitcoin so I invest very few of my money in altcoins..Bitcoin is the best..

[AsaroUk]

Read a little about history of NXT, while jumping ship to ETH as a store of value. Compare the following two graphs...

a. http://coinmarketcap.com/currencies/ethereum/#charts

b. http://coinmarketcap.com/currencies/nxt/#charts

Compare the following facts...

i. NXT was backed by a centralized organization, just like ETH.

ii. NXT was PoS, just like ETH will ultimately be.

iii. NXT offered asset exchange, while ETH offers smart contract. Both of these functionality, which they claim to make them unique, are actually possible on bitcoin blockchain, which is far more secure.

iv. With price rise, NXT backers sold their holding to increase liquidity in the market. With price rise, ETH backers are increasing ETH supply in the market to increase liquidity in the market.

p.s. Alt coin trading is a gambling. If u wanna test your luck on some coin under pump, its fine. But, make sure to come back to BTC, when u have made enough, otherwise u'll lose all and have to be a mute spectator while the next alt wave hits. GooD Luck

and now its opposite, they are converting their eth to btc cause eth is hack by the hackers and its gone

ETH is doing a soft fork and the whales decided to pump it. That makes no sense. With ETH being centralized true bitcoin followers will avoid ETH like the rain.

[BitCoinDream]

yes i converting BTC to ETH.cos one day ETC price will be one day same like as BTC and i waiting for that day... !

U seem to have no idea that unlike BTC, ETH has no supply cap. The Ethereum Foundation can issue as much ETH as they want to earn BTC. Supply of ETH is unlimited, while supply of BTC is 21m.

[Nahl]

yes i converting BTC to ETH.cos one day ETC price will be one day same like as BTC and i waiting for that day... !

i wondering how could this is would be happened 1 ETH equal 1 BTC for me this is not possible even though for next 10 years i'm so doubt ETH could be reach to those prices

[Doubler Disburser 232515]

Cryptopia.co.nz has ditched all trades in ETH due to the fork and appears unlikely to relist it anytime soon.

[BitcoinPC]

yes i converting BTC to ETH.cos one day ETC price will be one day same like as BTC and i waiting for that day... !

i wondering how could this is would be happened 1 ETH equal 1 BTC for me this is not possible even though for next 10 years i'm so doubt ETH could be reach to those prices

This can never happen that ETH can reach the level of 1:1 on Bitcoin. Also Cryptopia has stopped all trades in ETH. Eth is gaining temporary fame in different intervals but it will not last for more.   ETH has been backed up by few multinationals but they will not help  either.

[cryptorelax]

Popular British platform online banking Wirex has implemented purse to the second capitalization of the Ethereum cryptocurrency.

[classictee]

I do swap bitcoin for ethereum but it is note occasionally. Everything else holds no value. Because the value is made by the people believing in it. People don't invest in what then did not have believe in. If almost everyone believes in a quick profit the coin is really really bad and didn't have future prospect. They tend to drop such coin scare of loosing their fund.

[gabmen]

yes i converting BTC to ETH.cos one day ETC price will be one day same like as BTC and i waiting for that day... !

i wondering how could this is would be happened 1 ETH equal 1 BTC for me this is not possible even though for next 10 years i'm so doubt ETH could be reach to those prices

This can never happen that ETH can reach the level of 1:1 on Bitcoin. Also Cryptopia has stopped all trades in ETH. Eth is gaining temporary fame in different intervals but it will not last for more.   ETH has been backed up by few multinationals but they will not help  either.

Never is a term that shouldn't be used in crypto since it's still at an early stage and a lot can happen in the next few years. Eth is a pretty established coin when it comes to features and popularity, only next to bitcoin. That would be somethingnto think about

[andieoke]

Entering the world of cryptocurrency means we must be ready with all the risks we will receive. choosing any coin is a decision that is done with the reasons of each individual. and in my opinion, Ethereum is a good coin with a very high potential value, even though now its value is freefall. I still believe in Ethereum, and Eth's fate is not the same as NXT first. Ethereum is still much better.

[rickyNmorty]

I will never switch from BTC anyway.
Everything else holds no value. Because the value is made by the people believing in it.
If almost everyone believes in a quick profit the coin is really really bad.
I and many others believe BTC can really make it into this world.
Not for quick appliances but it lends it self perfectly for a lot of online services.

The current situation of btc and etc is almost the same its just that the btc is still the king of the cryptocurrency. We cannot avoid the truth that bitcoin is the most powerful coin im virtual world, with that people.loves bitcoin no matter what. They trusted it more that anybody. That is why bitcoin will help us to have a better future.

[blokceyin]

also, if anyone is telling you its a great time to buy. they are doing this because they have already bought and want other people to buy so that they can sell..

in short if you are hearing about some great deal.. your already/nearly too late..

those that spot a great deal dont publicise it, because that creates competition which causes a price rise before the initial person has bought in.

so learn this hard lesson. if someone is telling you to buy somethin, why are they not afraid of the price rising, why are they shooting themselves in the foot, and reducing their own chances of buying more.

usually when you hear someone shout out a doomsday, that has no merit. dont blindly think you should jump off the ship because they say so. instead you should be buying more bitcoin while its cheap. because the fake doomsday is just a bit of temporary social drama

Very well said. It usually just like you said but sometimes people make enough investment and try to share that with people. Everyone should their own research but there is no harm in spreading good news with people.

[looking31]

(ICOs) were in the vouge and there was a coin for everyone and every purpose. ... Not only is this lack of “ICO demand” for ETH having an adverse effect on ... lower as they try to convert their ETH into Fiat currency to meet expenses. .... while trading Bitcoin, or in the basement maintaining his mining rigs.

[rosemary4u]

It is very frustrating to lose money at any moment in time while investing in any altcoin, I believe in times of hardship when most coins are dropping so fast, the best thing to do is to put your hard earned money in bitcoin since it can be trusted.

[cryptorelax]

Since its inception, Bitcoin has never been truly confidential. While it follows from Satoshi Nakamoto's whitepaper that privacy is the goal of Protocol development, government agencies, Analytics companies, and other stakeholders – let's call them "spies" – have ways to analyze the public blockchain and peer-to-peer network, group Bitcoin addresses, and establish their connection to IP addresses or other personally identifiable information