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Author Topic: Geth bug cuts in half Ethereum's hashrate  (Read 5050 times)
mining1
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September 20, 2016, 02:59:10 PM
 #81

Couldn't help myself... Grin

Except that NASDAQ is not TheDAO were you can fuck up billions of $ and not end up like Bernie Madoff (former chairman of NASDAQ).

Grin Cheesy Cheesy Cheesy Cheesy
The wheel was invented almost 10.000 years ago and it's still improved today. Do you think your cousins were like " but it's not perfect, we don't need it ",  or they kept using and improving it over and over again, after it broke / fell apart so many times ?
Edit: Dollface, you have an african mentality. You'd be stuck in century 1000 B.C if everyone would be like yourself.
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September 20, 2016, 03:30:28 PM
 #82

Couldn't help myself... Grin

Except that NASDAQ is not TheDAO were you can fuck up billions of $ and not end up like Bernie Madoff (former chairman of NASDAQ).

Grin Cheesy Cheesy Cheesy Cheesy
The wheel was invented almost 10.000 years ago and it's still improved today. Do you think your cousins were like " but it's not perfect, we don't need it ",  or they kept using and improving it over and over again, after it broke / fell apart so many times ?

The point is that ethereum is a square wheel.  The square wheel hasn't improved over the centuries.  It has been replaced by the round wheel.  Even though the triangular wheel looked like an improvement over the square wheel (it eliminated one bump per turn), it didn't, in the end, catch on.

The square of ethereum is its Turing completeness.  You will go from bug, to exploit, to bug, to bug to exploit.  Like any other code system has in Turing complete systems, but for stoppable code that's acceptable.  For unstoppable code, that's lunacy.

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September 20, 2016, 03:36:44 PM
 #83

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.
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September 20, 2016, 03:45:47 PM
 #84

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.

There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.  But the nature of ethereum is such, that if there's serious money in these dapps, exploits will be found.  Or it would mean that the ethereum guys have found the very first way of coding in a Turing-complete language that is devoid of exploits unless you're a really ugly, incapable nitwick of a coder, to allow for the only big ethereum contract experience until now: the DAO.
More than 40 years of research in computer science hasn't come up with any language that permits you to code exploitless in such an environment.  So it is almost impossible that not several of those DAPPS will be exploitable.
It is just a matter of time, and a matter of having them enough money in them for it to be worth while.

The market value of ethereum is not made by these DAPPS.  Most ethereum has nothing to do with these DAPPS, and is probably even kept on exchange's wallets ; so you don't even need a block chain.  It is just a betting token on exchanges.  That can go very high.

Exactly like bitcoin, BTW.  Bitcoin's price is also mainly from a betting token on exchanges, and not as a currency to buy stuff with.  Most crypto is nothing else but betting on exchange IOUs.  The actual block chain and usage behind it mostly doesn't matter.

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September 20, 2016, 03:48:02 PM
 #85

snip

Don't bother. Just join me singing the chorus: https://www.youtube.com/watch?v=cm1AQk30kFs  

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September 20, 2016, 04:02:12 PM
 #86

Sadly for our miner friends, the hashrate already went back to its normal rate. I maybe would habe been interested to rent some hashrate if I saw that before Tongue...

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mining1
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September 20, 2016, 04:11:24 PM
 #87

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.
There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.
You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.
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September 20, 2016, 07:55:38 PM
 #88

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.
There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.
You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.

Yeah, sure.  I know there are a lot of dapps in development, and some are even running.   But how much success do they have ?  How much ether is in there, or do they handle ?

In other words, how much of ethereum's market cap has to do with the demand for ether to use on these DAPPS ?  How much ethereum transactions have to do with these DAPPS ?  My uneducated guess is that if a few percent of the ether market cap, and a few percent of the ether transactions are related to the ensemble of these DAPPS, it will be a lot.
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September 20, 2016, 09:22:48 PM
 #89

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.
There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.
You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.
Nice work there my friend. Just compare that list to the ETC Criminal Coin one. Smiley

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Spoetnik
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September 21, 2016, 12:15:09 AM
 #90

Love seeing btctalk trolls being desperate about getting in ethereum lol. Funny thing is, they can't even recognize good projects to invest in, they're the ones falling for cheap talk motto's like "silver to bitcoin's gold" or "etc and eth parity" . And then trying to convince each other how much of a scam eth is and that they did good not investing in, not to mention their high morale ground which wouldn't let them invest in same thing as giant evil corporations like microsoft, santander and so on.
Even a veteran at nasdaq recognise ethereum as a, quote " once in a lifetime opportunity" and quits nasdaq to work for ethereum foundation / ethereum, but bitcointalk trolls know better
http://www.coindesk.com/nasdaq-veteran-ethereum-foundation-security-lead/
You pretty much hit the nail on the Spartak_unt head. What I find galling is that in a year or two the very same Spoetniktard sockie trolls will be bemoaning their missed opportunity to get into ETH when it was $14 cheap. ETH is dirt cheap right now compared to its potential. The time to buy is now but their pathetic groupthink trolling holds them back.

I said i would go light my money on fire before buying your Ethereum ICO shit coin scam.



..so i did.

Cold day in hell when i buy your ICO scam coins Fraudcache.

You should spend more effort on being smart mETH heads..



Maybe quit being a Shill Butters ? I ain't buying your "Cheap" ICO scam coins.
Not at $14.. $21 or at 1 cent each..



@minecache
You are a fraud.. as voted by the community here.

FUD first & ask questions later™
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September 21, 2016, 02:07:03 AM
 #91

The price "stability" on even pump only represent the new people in crypto industry, sure ethereum generated a lot more people to come and invest in it, even to learn more about bitcoin and other alts

But one big concern there is, most of them care only about hype, spreading lies and hyping even more, i bet most of them do not care about decentralization nor the future of crypto world

As it was good to see new people like that it is like cancer to ideas that bitcoin started

ethereum with atm security is worthless and still they hype

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dinofelis
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September 21, 2016, 02:34:57 AM
 #92

The price "stability" on even pump only represent the new people in crypto industry, sure ethereum generated a lot more people to come and invest in it, even to learn more about bitcoin and other alts

But one big concern there is, most of them care only about hype, spreading lies and hyping even more, i bet most of them do not care about decentralization nor the future of crypto world

As it was good to see new people like that it is like cancer to ideas that bitcoin started

ethereum with atm security is worthless and still they hype

That's also my point.  Market cap mainly measures how much gamblers are betting against one another on exchanges, and has very little to do with the underlying crypto function.  I would even go as far as saying that most big crypto market cap would be the same if we removed the block chain from it, and it were just IOU on exchanges.

The real usage of the crypto, which means for bitcoin: paying to buy stuff or services and get paid to deliver stuff or services, and which means for ethereum: fuel/stake for smart contracts, seems to be only an infinitesimally small part of the transaction activity and the market cap.

You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

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September 21, 2016, 03:57:36 AM
 #93

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.
There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.
You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.

Which of those services offers a real world use case where those services built in Ethereum could replace the ones we already have now. It is already looking like one big experiment and the development team of all of those services listed by you do not have a clue of what they are really doing except to build and hope they get paid millions for their effort. Do you really think all of those "projects" will achieve success and become multi million dollar companies?

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September 21, 2016, 05:30:05 AM
 #94

@bbc.reporter
Lets put it into perspective..

Ethereum was launched with out that list of APP's / DAPP's in 2014
Yet it was an ICO that ended up paying many millions of dollars to "Butters"
He gets to push out an ICO back then in 2014 then buy blocks of them at 100BTC per TX non stop on Launch.
SO he can bank a massive profit in 2016 with a massive spam / pump campaign.
Then tack on POS mining 2 years after launch..

THEN get all of you to make those listed DAPPS for his project he was paid millions for going back to 2014.

What a wonderful scam LOL

Unleash an ICO that is a shell of a project (an old tactic around here)
Then buy them up yourself like crazy and also take a cut / premine percentage.
Then years later start working on it.. or demand the public does it for you LOL

Sort of like selling a slab of Metal..
Then years later selling the car it's made into.
The people who wanted a car were clearly not going to buy the slab of Metal and the dev knows it.

They tried pretty damn hard to spam on about ETH in between 2014 and 2016 now didn't they ?
Or did they stay silent and buy up cheap coins in preparation for scam phase 2 ?

Nothing ever changes around here.
Dev's deserve to be paid ?
Ya.. because they launched a "shell" project long ago and put the code on Github (or some of it)
THEN EXPECTED ALL OF YOU TO DO THE CODING WORK.


..to give value to their ICO coins etc they bought up dirt cheap years earlier.

And if you don't ?
Then like the Doge coin dev said.. you all "failed to support the coin" and the dev quits and wanders off
..cash in hand LOL

The shell scheme launch is the oldest around here.. i have watched it play out like a broken record.
It really is one of the most brilliant yet sleazy tactics commonly employed around Crypto.
A highly profitable and effective scam method.

FUD first & ask questions later™
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September 21, 2016, 08:37:30 AM
 #95

Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.
There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.
You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.

Which of those services offers a real world use case where those services built in Ethereum could replace the ones we already have now. Do you really think all of those "projects" will achieve success and become multi million dollar companies?

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc.
3. Augur / gnosis
4. Colony
5. EtherEx
6. That FlightDelay dapp
7. Oraclize
8. Golem
9. SingularTV
10. Dinar dirham
11. Embark
12. Ownage
13. Sphere
I can't remember every single one of them since i haven't even checked all of them, they are too many. It's hard to say which one will become a multi million dollar company, but let's be logical, reality check: there are and were probably thousands of useful company that didn't make much profit but were bought for millions / billions for their concept / ideeas. There are and were thousands of companies that didn't make much profit even tho they were / are usefull. So being a multi million $ / € it's not the only proof of being useful or needed. Thing is, there are easily atleast 50 projects that are either in alpha stages, developing or already deployed that can become multi million dollar projects. Keep in mind that they can become multi million projects mostly and not companies, since many won't be lead like the usual corps. Like digix for example, an easy example of multi million $ project. Also akasha will become a multi million $ project. And many others. How succesful will they be in the future ? That depends alot on their developers, not on ethereum foundation.
Let's not compare ethereum's platform succes with the success of it's dapps, it mostly ( 99.9999% ) depends on the capability of their developers, since ideeas / concepts are really good.
Now, expecting a facebook takeover or something similar is simply delusional, atleast on short and medium term. FB is a cult atm, it's not about just being as good as facebook it's also about being as popular as facebook, and it's popularity cannot be contested for now. But that will slowly fade, with latest facebook practices like this https://www.theguardian.com/technology/2016/sep/08/facebook-mark-zuckerberg-napalm-girl-photo-vietnam-war and this http://betanews.com/2016/06/11/facebook-moments-delete-photos/ . And ofcourse, many other annoying and dictatorship practices.
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September 21, 2016, 09:36:35 AM
 #96

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc.
3. Augur / gnosis
4. Colony
5. EtherEx
6. That FlightDelay dapp
7. Oraclize
8. Golem
9. SingularTV
10. Dinar dirham
11. Embark
12. Ownage
13. Sphere
I can't remember every single one of them since i haven't even checked all of them, they are too many. It's hard to say which one will become a multi million dollar company, but let's be logical, reality check: there are and were probably thousands of useful company that didn't make much profit but were bought for millions / billions for their concept / ideeas. There are and were thousands of companies that didn't make much profit even tho they were / are usefull. So being a multi million $ / € it's not the only proof of being useful or needed. Thing is, there are easily atleast 50 projects that are either in alpha stages, developing or already deployed that can become multi million dollar projects. Keep in mind that they can become multi million projects mostly and not companies, since many won't be lead like the usual corps. Like digix for example, an easy example of multi million $ project. Also akasha will become a multi million $ project. And many others. How succesful will they be in the future ? That depends alot on their developers, not on ethereum foundation.
Let's not compare ethereum's platform succes with the success of it's dapps, it mostly ( 99.9999% ) depends on the capability of their developers, since ideeas / concepts are really good.
Now, expecting a facebook takeover or something similar is simply delusional, atleast on short and medium term. FB is a cult atm, it's not about just being as good as facebook it's also about being as popular as facebook, and it's popularity cannot be contested for now. But that will slowly fade, with latest facebook practices like this https://www.theguardian.com/technology/2016/sep/08/facebook-mark-zuckerberg-napalm-girl-photo-vietnam-war and this http://betanews.com/2016/06/11/facebook-moments-delete-photos/ . And ofcourse, many other annoying and dictatorship practices.

So essentially, these are just projects and dreams, but there's not much REAL STUFF going on.  The market cap of ethereum doesn't come from the demand for ether to use these things.   Most of the transactions are not related to these things.  In other words, at this point in time, there's not much ether used in DAPPs.

I looked at Akasha's web site: blog.akasha.world.
Latest news from 18 July,.  http://blog.akasha.world/2016/07/18/moving-forward-on-all-fronts/

Digix: really ?  Essentially you have to believe that these tokens represent gold you can redeem ?  That gold is somewhere, no ?  So this is essentially a centralized "central bank" and the day that this centralized gold safe is gone, you still have your tokens.  One has to be outright crazy to think that tokens on a block chain, with no legal contractual binding at all, will be redeemed against physical gold.  The person holding the gold can run off any day and you will only know when you try to redeem your DGX. 

Many others on your list are ponzi, lottery or gambling contracts. 

That flight delay DAPP has, holy jesus, 353 ether in it, for 177 transactions.  Wow.
Block 2291471: "warning, an error occured during contract execution".

Yes, ethereum is really running huge contracts, with huge real-world implications, and a serious part of the ethereum market cap and transactions are involved in DAPPS....  Cheesy
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September 21, 2016, 10:07:25 AM
 #97

Highest ALLTiME Avg Hashrate of 5492.6669 GH/s was recorded on Tuesday, September 20, 2016

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September 21, 2016, 11:27:13 AM
 #98

You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

^ This. Whenever tanker spills petrol in the ocean, or VW produces faulty engines, the prices of their stocks is failing. What happens with Ethereum has nothing to do with the great technology, its usage or the minds behind it. Its just a proof that manipulation of the cryptocurrency market, the level of stupidity and the hypocrisy are taken to another level. But ETH worshipers would NEVER at least try to understand that. This is why having discussion with most of them is a pure waste of time.

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September 21, 2016, 12:23:21 PM
 #99

You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

^ This. Whenever tanker spills petrol in the ocean, or VW produces faulty engines, the prices of their stocks is failing. What happens with Ethereum has nothing to do with the great technology, its usage or the minds behind it. Its just a proof that manipulation of the cryptocurrency market, the level of stupidity and the hypocrisy are taken to another level. But ETH worshipers would NEVER at least try to understand that. This is why having discussion with most of them is a pure waste of time.

YOU HAVE NO CLUE



CATCH THIS ?1

https://catcherinthelie.wordpress.com/
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September 21, 2016, 12:31:13 PM
 #100

You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

^ This. Whenever tanker spills petrol in the ocean, or VW produces faulty engines, the prices of their stocks is failing. What happens with Ethereum has nothing to do with the great technology, its usage or the minds behind it. Its just a proof that manipulation of the cryptocurrency market, the level of stupidity and the hypocrisy are taken to another level. But ETH worshipers would NEVER at least try to understand that. This is why having discussion with most of them is a pure waste of time.

YOU HAVE NO CLUE



CATCH THIS ?1

https://catcherinthelie.wordpress.com/

Yeah, we have the right to fear from The Walking Dead.... Smiley

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