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Author Topic: Ethereum  (Read 1361 times)
Minecache
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July 23, 2016, 12:23:26 AM
 #21

What problems ? The only problem there was, DAO. Now you should live in the real world where startups like dao fail more than succeed, not inside a bubble. And im sure many more projects will fail because not everyone is best in their field and people make mystakes, but thats the world we live in.

Some people will trust the Ethereum, its developers and the community more after it survives such a big disaster.
What doesn't kill you makes you stronger. ETH is surging ahead now $15.

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illyiller
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July 23, 2016, 12:33:36 AM
 #22

Lol decentralization. Ethereum is probably one of the most decentralized crypto out there thanks to gpu only mining, which means those  that used to mine with asics that are no longer profitable cannot simply mine ethereum instead.

Re bolded: no. They just hard forked based on a 20% miner vote. Among the 20% of miners that voted, there was significant opposition. The mining pools enforced the fork even though only a small minority of miners supported it. One of the mining pools even enforced the fork against the vote of its miners. Clearly mining is extremely centralized, and there is a major disconnect between true miner vote and the hashpower committed to the fork. In other words, a handful of pool admins overrode the entire mining economy and forced the fork based on a split minority vote. That suggests extreme levels of centralization -- mining pools, not miners, decide whether to fork, and they do so regardless of what miners actually vote for.

Add to that: all clients were set to fork by default. Meaning users had no say whatsoever in the fork unless they uninstalled their clients and reinstalled downgraded versions.

Extreme centralization. A handful of mining pool admins and client developers decided to fork. This had nothing to with the consensus of miners nor users.

If the blockchain can be made mutable on the basis of an insider minority vote -- and the vast majority of users/miners have no say (in a supposed "consensus" ledger) -- Ethereum is quite obviously one of the most centralized crypto out there.
densuj
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July 23, 2016, 12:52:22 AM
 #23

Guys now the big move is starting with Ethereum going up! Many people are doing very well with ETH now.

Is it now time to sell bitcoin and move to Ethereum?
Depend on your system trading or trading plan, i always trade ethereum  with some rules are like, management of risk and margin, rules of entry and exit market, analysis tecnical and psicology trading. So it is not simple you need much time for learn about it.
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July 23, 2016, 02:03:19 AM
 #24

The hard fork moving through smoothly definitely boosted the confidence in Ethereum

For what shall it profit a man, if he shall gain the world, and lose his own soul?
romani245
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July 23, 2016, 02:27:04 AM
 #25

The hard fork moving through smoothly definitely boosted the confidence in Ethereum

Short term, sure. But breaking consensus in a consensus ledger based on a minority of miner support? That has disaster written all over it, long term.
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July 24, 2016, 06:40:02 PM
 #26

The hard fork moving through smoothly definitely boosted the confidence in Ethereum

The problem is that the Poloniex is going to support the Ethereum Classic as well. So it could cause price drop.
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August 05, 2016, 09:42:59 AM
 #27

The hard fork moving through smoothly definitely boosted the confidence in Ethereum

The problem is that the Poloniex is going to support the Ethereum Classic as well. So it could cause price drop.

When the ETC drops to to below $0.1, the Poloniex and other exchanges will not support the ETC at all.

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Alubert
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August 05, 2016, 09:55:42 AM
 #28

The hard fork moving through smoothly definitely boosted the confidence in Ethereum

The problem is that the Poloniex is going to support the Ethereum Classic as well. So it could cause price drop.

When the ETC drops to to below $0.1, the Poloniex and other exchanges will not support the ETC at all.

The exchanges are in for the money. So they will not list the ETC if the trading volume is less than a threshold.
Kasabus
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August 21, 2016, 02:16:13 PM
 #29

The hard fork moving through smoothly definitely boosted the confidence in Ethereum

The problem is that the Poloniex is going to support the Ethereum Classic as well. So it could cause price drop.

When the ETC drops to to below $0.1, the Poloniex and other exchanges will not support the ETC at all.

The exchanges are in for the money. So they will not list the ETC if the trading volume is less than a threshold.

That is right. As long as the trading volume is over certain criteria, the Poloniex and some other exchanges will trade the ETC.

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