How can people be buying eth right now?

[Efemen]

i see this 'centralized premine eth whale pumping' thing repeated constantly. at what point do they feel they've made all the money they want? i'm gonna guess never in which case there's no point complaining about it. you might as well hop on board the pump train.

That is right. If you do not like the Ethereum, just stay away. If you miss the initial offering, and still think it is good, buy some.

[densuj]

It doesn't make any sense.  Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?

I don't think so because it is just fluctuating price of ethereum and it is time for price of ethereum going up. And it is normal every cryptos coins are always has fluctuating of price. Today price of ethereum going up you should sell ethereum not buy. 

[mandica]

Some people are even buying the ETC (Ethereum Classic), it seems people are very interested in the Ethereum technology.

[Efemen]

Some people are even buying the ETC (Ethereum Classic), it seems people are very interested in the Ethereum technology.

I would not recommend buying the ETC at the moment. The hacker has 3.6 million ETC to dump to the market.

[mandica]

Some people are even buying the ETC (Ethereum Classic), it seems people are very interested in the Ethereum technology.

I would not recommend buying the ETC at the moment. The hacker has 3.6 million ETC to dump to the market.

The ETC price is rising fast at the moment. Maybe the ETC big owners are also the DAO hacker or related?

[SolomonRising]

Some people are even buying the ETC (Ethereum Classic), it seems people are very interested in the Ethereum technology.

I would not recommend buying the ETC at the moment. The hacker has 3.6 million ETC to dump to the market.

The ETC price is rising fast at the moment. Maybe the ETC big owners are also the DAO hacker or related?

Bingo!!!  It's all another game.

[Efemen]

Some people are even buying the ETC (Ethereum Classic), it seems people are very interested in the Ethereum technology.

I would not recommend buying the ETC at the moment. The hacker has 3.6 million ETC to dump to the market.

The ETC price is rising fast at the moment. Maybe the ETC big owners are also the DAO hacker or related?

Bingo!!!  It's all another game.

I am sad to see the DAO hacker will benefit from the stolen funds. Maybe I should sell all the mined coins.

[jbreher]

While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

[European Central Bank]

While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

seriously? there are tens of millions of pc gamers around the world. how many people in 2011-13 woulda been mining bitcoin? 10,000?

[jbreher]

While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

seriously? there are tens of millions of pc gamers around the world. how many people in 2011-13 woulda been mining bitcoin? 10,000?

How many gamers run dozens of GPUs at the same time?

First hit in a huge list returned by google: http://www.extremetech.com/computing/172381-massive-surge-in-litecoin-mining-leads-to-radeon-shortage

[BitUsher]

While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

Nvidia and AMD are publicly traded companies. We don't have to speculate as to were their profits are coming from. We can directly compare our hash rate at the time to their profit reports. Crypto was a drop in the bucket of their sales! This is just a fact.

How many gamers run dozens of GPUs at the same time?

First hit in a huge list returned by google: http://www.extremetech.com/computing/172381-massive-surge-in-litecoin-mining-leads-to-radeon-shortage

a Shortage is merely due to unforeseen demand and inaccurate inventory forecasting due to some new demand. Stores necessarily have to have tight inventory. Being a drop in the bucket of sales doesn't remove the potential for there to be local shortages in some stores.

[jbreher]

While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

Nvidia and AMD are publicly traded companies. We don't have to speculate as to were their profits are coming from. We can directly compare our hash rate at the time to their profit reports. Crypto was a drop in the bucket of their sales! This is just a fact.

Not that I think that is implausible. After all, I am just parroting what I had heard. But... What are the figures?

[BitUsher]

While it is admittedly a peripheral point:

Whether we are discussing BTC/litecoin mining back in the day or ... they all represent a drop in the bucket in GPU sales

I seem to recall reputable reports that for a time, Bitcoin mining was driving more than half of high-end graphics cards sales.

Nvidia and AMD are publicly traded companies. We don't have to speculate as to were their profits are coming from. We can directly compare our hash rate at the time to their profit reports. Crypto was a drop in the bucket of their sales! This is just a fact.

Not that I think that is implausible. After all, I am just parroting what I had heard. But... What are the figures?

I started to do the math than realized no one could possibly know either way because there is no accounting for how much of that hashpower about 10TH/S growth in the year preceding ASICs came from existing CPUs/GPUs repurposed and how much new purchases . My impression was that it was a drop in the bucket because full node rate was still very high back than(over 100k ) leading one to believe that many of those nodes were mining in decentralized manner and not centralized farms . The second bit of evidence is AMD/Nvidia werent really marketing to btc at all. Lastly, we didnt see a sharp uptick in nvidia /amd revenues during 2012. I'll admit because of those unknowable variables above it is impossible for us to know exactly as it may be that other sales within amd/Nvidia sharply dropped and were picked up by gpus for mining. I doubt this , but cannot be conclusive.

[Tadblt]

The hashing rate of the Ethereum (ETC+ETH) is about 4700GH/s now, that is about 174,000 R9 390.

[Minecache]

The hashing rate of the Ethereum (ETC+ETH) is about 4700GH/s now, that is about 174,000 R9 390.

What was it pre-forking?

[Tacalt]

I dont understand this shit at all, All I know is I'm riding this wave successfully and its all I care about 

[maydna]

because people still want eth up to 0.02 or even 0.03 but after etc launch, the rate still down until now. there are many pump to make the rate is up but not so close in 0.02.

[Efemen]

because people still want eth up to 0.02 or even 0.03 but after etc launch, the rate still down until now. there are many pump to make the rate is up but not so close in 0.02.

I think the ETH will trade around the 0.016 to 0.022 range until after the ETC is kill by dumps from various parties.

[robdark]

Do you guys think ETC can continue to suck the life from, and possibly kill ETH, or will it die soon?

[Minecache]

Do you guys think ETC can continue to suck the life from, and possibly kill ETH, or will it die soon?

No. And. No.

Next.