Sitkack
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Activity: 27
Merit: 0
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May 29, 2016, 10:43:55 AM |
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To some extent, I like the Etheruem price to drop further, so that people will not add mining rigs, I can mine more.
The Ethereum mining difficulty is rising so fast at the moment. At his rate, most home miners will make a lot in 6 months. |
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sanadas
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May 30, 2016, 07:34:01 AM |
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To some extent, I like the Etheruem price to drop further, so that people will not add mining rigs, I can mine more.
The Ethereum mining difficulty is rising so fast at the moment. At his rate, most home miners will make a lot in 6 months. The mining difficulty is 44T now or network hash rate of 3200G, That is 160,000 280X equivalent mining. |
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Aki4real (OP)
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May 30, 2016, 11:06:59 AM |
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The price has held firm above $10 this weekend, and seems to not be inversely correlated with BTC anymore.
A good sign IMO
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sanadas
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May 31, 2016, 08:29:57 AM |
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The price has held firm above $10 this weekend, and seems to not be inversely correlated with BTC anymore.
A good sign IMO
The price is in fact over $12 in the last few days. The Ethereum trading volume is also lower, not many people want to sell. |
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asrilani
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May 31, 2016, 04:05:08 PM |
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The Ethereum price is around $14 now. Do you think the new pump just started? Is there any good news?
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sanadas
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June 01, 2016, 08:05:11 AM |
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I think it is not the start of the new pump. There is no big good news. That is just a new value finding process.
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Aki4real (OP)
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June 01, 2016, 08:39:11 AM |
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I also think there is renewed interest in BTC after the surge, people are reminded of crypto's potential.
So they will look around and find ETH as well.. so a bit of new influx of fiat
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Grouffy
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Activity: 5
Merit: 0
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June 01, 2016, 08:49:30 AM |
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If ethereum survives the alt red bath on bitcoin halving , its a good alt.
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Techray
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Activity: 29
Merit: 0
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June 02, 2016, 09:05:51 AM |
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If ethereum survives the alt red bath on bitcoin halving , its a good alt.
When the bitcoin price rises due to the halving, the altcoin price will also rise shortly because people want cheap coins. |
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Aki4real (OP)
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June 02, 2016, 09:19:49 AM |
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If ethereum survives the alt red bath on bitcoin halving , its a good alt.
When the bitcoin price rises due to the halving, the altcoin price will also rise shortly because people want cheap coins. IF it rises, it has a high probability but it is far from a sure thing that BTC price will go upwards due to halving. |
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Bokelka
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June 02, 2016, 01:44:13 PM |
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If ethereum survives the alt red bath on bitcoin halving , its a good alt.
When the bitcoin price rises due to the halving, the altcoin price will also rise shortly because people want cheap coins. IF it rises, it has a high probability but it is far from a sure thing that BTC price will go upwards due to halving. If the demand is the same for the new coins, then when the supply of new coin is reduced, the price will rise. |
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Aki4real (OP)
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June 02, 2016, 01:51:26 PM |
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If ethereum survives the alt red bath on bitcoin halving , its a good alt.
When the bitcoin price rises due to the halving, the altcoin price will also rise shortly because people want cheap coins. IF it rises, it has a high probability but it is far from a sure thing that BTC price will go upwards due to halving. If the demand is the same for the new coins, then when the supply of new coin is reduced, the price will rise. That's a pretty huge IF right? Because of the supply being cut in half, it means less BTC for miners to earn/sell. Unless BTC doubles, it's less attractive to mine and transaction times will shoot up --> less demand --> lower price. |
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sanas
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June 02, 2016, 03:23:17 PM |
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If ethereum survives the alt red bath on bitcoin halving , its a good alt.
When the bitcoin price rises due to the halving, the altcoin price will also rise shortly because people want cheap coins. IF it rises, it has a high probability but it is far from a sure thing that BTC price will go upwards due to halving. If the demand is the same for the new coins, then when the supply of new coin is reduced, the price will rise. That's a pretty huge IF right? Because of the supply being cut in half, it means less BTC for miners to earn/sell. Unless BTC doubles, it's less attractive to mine and transaction times will shoot up --> less demand --> lower price. The transaction time increase increase will be temporily. The difficulty is adjusted every 2016 blocks. |
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moni3z
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June 02, 2016, 04:06:01 PM
Last edit: June 02, 2016, 04:24:14 PM by moni3z |
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Ethereum also has to survive the inevitable bugs in the EVM (Ethereum Virtual Machine ) and user written contracts. When those contracts start becoming real with actual value attached and popular enough that it's worth spending time to analyze you're going to see every hacker in the world trying to exploit those contracts. So the real test is can Ethereum survive a confidence loss when the media is running multiple headlines about money disappearing because somebody analyzed a SolC control flow graph using satisfiability and discovered a way to steal millions of dollars.
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crairezx20
Legendary
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Activity: 1638
Merit: 1046
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June 02, 2016, 04:55:18 PM |
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Ethereum still survive at the market and looks like this is a long term investment.. but i can't decide if they are staying long.. because i heard that ethereum is scam many times. they are just experimenting the market.. so i think better to stay away...
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Zer0Sum
Legendary
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Activity: 1588
Merit: 1000
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June 02, 2016, 05:45:04 PM |
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Ethereum also has to survive the inevitable bugs in the EVM (Ethereum Virtual Machine ) and user written contracts. When those contracts start becoming real with actual value attached and popular enough that it's worth spending time to analyze you're going to see every hacker in the world trying to exploit those contracts. So the real test is can Ethereum survive a confidence loss when the media is running multiple headlines about money disappearing because somebody analyzed a SolC control flow graph using satisfiability and discovered a way to steal millions of dollars.
It's not just exploits... but scams that ultimately kill a platform. Ethereum reminds me of NXT circa late 2014 when it was worth close to $100 million. The DAO and the NXT AE are quite similar... In that they create a vehicle for every Third World scammer to strip the platform of $$$... So Ethereum is morphing from something serious corporations were building on to becoming a scammer's paradise. In market terms, the NXT AE was actually more advanced than The DAO... Because every Asset sold to investors began to trade immediately and became subject to market forces... While The DAO will give money to unaccountable private groups in exotic jurisdictions. It doesn't matter if people are anon or not... it's perfectly legal for your business to fail to deliver. Market forces of the AE exchange was a BIG PLUS, but not enough... Because 18 months later all the $$$ is in Eastern Europe and NXT is worth only $7 million = dead. The Ethereum Cult views itself as invincible, but the way The DAO was handled was very scammy and dangerous. |
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apriyoni
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June 03, 2016, 06:57:15 AM |
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Ethereum still survive at the market and looks like this is a long term investment.. but i can't decide if they are staying long.. because i heard that ethereum is scam many times. they are just experimenting the market.. so i think better to stay away...
If there is further development of the Ethereum and it has many new application, it is not a scam. |
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sanas
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June 03, 2016, 01:58:13 PM |
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Ethereum still survive at the market and looks like this is a long term investment.. but i can't decide if they are staying long.. because i heard that ethereum is scam many times. they are just experimenting the market.. so i think better to stay away...
If there is further development of the Ethereum and it has many new application, it is not a scam. I think the top 10 market cap coins are not scam. They are being developed actively apart from the litecoin and doge. |
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apriyoni
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June 06, 2016, 11:00:18 AM |
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Ethereum still survive at the market and looks like this is a long term investment.. but i can't decide if they are staying long.. because i heard that ethereum is scam many times. they are just experimenting the market.. so i think better to stay away...
If there is further development of the Ethereum and it has many new application, it is not a scam. I think the top 10 market cap coins are not scam. They are being developed actively apart from the litecoin and doge. There are some good usage of the Doge. It has been used as a tip money for some time. Litecoin has to find some usage. |
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