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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1813536 times)
Its About Sharing
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July 27, 2014, 11:51:39 AM
 #1781

Anyone remember ripple?

Ethereum is all based on assumptions  . Young dev , some team members leaving the project. Delays..

Investing in the ipo is equivalent to blindly throwing money into something which has not proved anything so far. Any btc thrown at it is equivalent to gambling.

DeV did not mention total number of Ethereum , tokens from what i have seen it looks unlimited. Which means its value in the future will inflate and go down.

Some of the people behind Ethereum are using that smart kid Vitality to reassure investors its  a safe bet.

In all honesty all IPO's are bad for crypto.




.....remember Ripple?
You mean #3 of currently most traded coins according to coinmarketcap and be used by banks for transfering their funds?

Ripple is number 3 there in market cap. Most likely cause there are trillions of them (I kid). It is barely #5 above Darkcoin as far as volume goes.
http://coinmarketcap.com/
There is no doubt that the banks value it, as it is a debt based (IOU) system.
But the community has pretty much ignored it. These other popular coin market cap sites don't even list it.
http://cryptmarketcap.com/
http://www.cryptocoincharts.info/v2/coins/info
Ripple seems to be something by "the establishment". There is just something about it that keeps us Crypto guys at arms length.
Not saying it will flop, just reaffirming my previous statement, there is a reason most keep it at a distance.

IAS

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Bitcoin is getting bigcoin


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July 27, 2014, 04:49:20 PM
 #1782

when i try to purchase some ethereum on ethereum.org , at step 5 when i need to pay it says on the right side that my walletadres is Huh?? but it is an other then the wallet on my comp says , anybody knows or this is right because i don t wan t to pay btc for nothing??

https://bitcointalk.org/index.php?topic=1155319.0  DELTACREDITS , great coin , great idea behind
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July 27, 2014, 04:58:32 PM
 #1783

the coin IPO are too big..
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July 27, 2014, 07:08:30 PM
 #1784

Bought a small amount. Don't consider that as an investment, more as a support to the project.

But what if I want to buy some more? Is it possible to get them on the same ETHER wallet? Or will I have to generate another wallet?
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July 27, 2014, 07:47:51 PM
 #1785

But what if I want to buy some more? Is it possible to get them on the same ETHER wallet? Or will I have to generate another wallet?

New wallet

NXT-GZYP-FMRT-FQ9K-3YQGS
https://nxtforum.org
airon2014
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July 27, 2014, 07:58:17 PM
 #1786

So let's see how much BTC they make Cheesy
llocally
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July 27, 2014, 08:36:26 PM
 #1787

What is going on with Ethereum? Could not follow the thread for a week...
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July 27, 2014, 09:23:20 PM
 #1788

What is going on with Ethereum? Could not follow the thread for a week...

Just the crowd sale being open and a spirited debate on the impact that an as of yet undetermined coin supply will have on short term profitability.

There's more but that is the gist of it...

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TwinWinNerD
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July 28, 2014, 12:23:59 AM
 #1789

8000 BTC. Only 17000 to go, to win my bet. Easy!

tequillaquagga
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July 28, 2014, 06:52:42 AM
 #1790

Bought a small amount. Don't consider that as an investment, more as a support to the project.

But what if I want to buy some more? Is it possible to get them on the same ETHER wallet? Or will I have to generate another wallet?

The same question.

The Camel Marches On
ShroomsKit_Disgrace
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July 28, 2014, 10:07:12 AM
 #1791

AFAIK, ethereum has not even a defined mining algorithm.

This IPO is amazing me,people is greedy as hell.  Shocked
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July 28, 2014, 03:36:00 PM
 #1792

Ethereum is new Ripple?

Perhaps?

BigOrangeBee
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July 28, 2014, 06:47:25 PM
 #1793

What I don't understand about Ethereum is this: How are you going to create a whole entire new internet on a blockchain and not have it lag?
Look at how slow bitcoin is now, after only a few years of existence, and its only processing bitcoin transactions.
How can you build a sustainable decentralized internet on a blockchain and not have it bloat up, slow down and freeze?

Besides that major question, I am also concerned about how I, personally, am going to be able to use Ethereum on my old 2 ghz dual core (not quad core) laptop when windows 7 often freezes, and if I try to run any type of virtual machine, forget it. So how will the Ethereum client run on my laptop (since its a virtual machine, isnt it?) and not freeze up my laptop?

Another thing I'm curious about is this: if the value of ether reaches a higher value after genesis block (and btw, what's with all the bible references? "genesis block", "exodus address", "serpent" programming language???) than it was sold in the pre-sale, and then massive amounts of ether are sold for bitcoin, how is that going to work? You would have to have buyers equal and greater to the number of buyers in the presale in order for all that ether to be unloaded and picked up in buy orders. But since everyone who supports and knows about Ethereum will buy in the presale, then there will be no demand left after the presale and no buyers. So the value would logically have to drop to a lower value after Ethereum goes live, right? A ton of supply and barely any demand.


Free SIGNs giving everyday. Be part, do not miss! (http://goo.gl/YPONWb). SnACMyDRD3ZEDBEjPgaMkDmetzjaL6PKQ5
MemoryShock
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July 28, 2014, 07:26:40 PM
 #1794

I wasn't aware that Ethereum was working on a decentralized internet...

██
██
██
██
██
██
██
██
██
██
██
██
██
██
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  I/O DIGITAL
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
iodigital.io & iocoin.io

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Benjig
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Trusted


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July 28, 2014, 09:01:27 PM
 #1795

Another thing I'm curious about is this: if the value of ether reaches a higher value after genesis block (and btw, what's with all the bible references? "genesis block", "exodus address", "serpent" programming language???) than it was sold in the pre-sale, and then massive amounts of ether are sold for bitcoin, how is that going to work? You would have to have buyers equal and greater to the number of buyers in the presale in order for all that ether to be unloaded and picked up in buy orders. But since everyone who supports and knows about Ethereum will buy in the presale, then there will be no demand left after the presale and no buyers. So the value would logically have to drop to a lower value after Ethereum goes live, right? A ton of supply and barely any demand.



This is intended as a long term investment, if the project have success by the end of the year that is when it will go live, tons of more people will come to buy. Dont expect to sell at twice after a week of the end of the presale.

Internet of things.
Ursium
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Ethereum


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July 28, 2014, 09:34:45 PM
 #1796

I wasn't aware that Ethereum was working on a decentralized internet...

That's pretty much the whole purpose of our project MemoryShock Smiley
https://www.youtube.com/watch?v=GJGIeSCgskc

Skip to 50:00 for screenshots or refer to this handy pdf of the slides:

http://www.slideshare.net/ethereum/the-ethereum-experience

Ethereum Twitter: @ethereumproject - Blog: blog.ethereum.org - Forum: forum.ethereum.org - Github: github.com/ethereum
TwinWinNerD
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July 28, 2014, 09:36:20 PM
 #1797

Another thing I'm curious about is this: if the value of ether reaches a higher value after genesis block (and btw, what's with all the bible references? "genesis block", "exodus address", "serpent" programming language???) than it was sold in the pre-sale, and then massive amounts of ether are sold for bitcoin, how is that going to work? You would have to have buyers equal and greater to the number of buyers in the presale in order for all that ether to be unloaded and picked up in buy orders. But since everyone who supports and knows about Ethereum will buy in the presale, then there will be no demand left after the presale and no buyers. So the value would logically have to drop to a lower value after Ethereum goes live, right? A ton of supply and barely any demand.



This is intended as a long term investment, if the project have success by the end of the year that is when it will go live, tons of more people will come to buy. Dont expect to sell at twice after a week of the end of the presale.

If you expect it to trade poorly after go live, then why not buy then at a discount?

windjc
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July 29, 2014, 05:50:02 AM
 #1798

I was first to accept in this thread. I have PMed smaragda. I should be on other side of bet. Leaving home to make an errand does not preclude someone else taking my place.

TwinWinNerD's bet has been matched by windjc...  Bets Closed!   Cool

Kinda feeling pretty good about this bet.  Wink
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July 29, 2014, 07:48:23 AM
 #1799

I wasn't aware that Ethereum was working on a decentralized internet...

That's pretty much the whole purpose of our project MemoryShock Smiley
https://www.youtube.com/watch?v=GJGIeSCgskc

Skip to 50:00 for screenshots or refer to this handy pdf of the slides:

http://www.slideshare.net/ethereum/the-ethereum-experience

Ursium, you've read my questions, apparently, but I got no response or answers? I thought they were pretty good questions.

Also, in the youtube video you provided of Gavin's presentation, the question/answer part of the presentation which happened after his speech was cut out from this version. When I watched this some time ago, I found the Q and A part to be the most interesting and informative part of the speech. Do you have a link to the FULL version, unedited?

Free SIGNs giving everyday. Be part, do not miss! (http://goo.gl/YPONWb). SnACMyDRD3ZEDBEjPgaMkDmetzjaL6PKQ5
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July 29, 2014, 08:06:27 AM
 #1800

Another thing I'm curious about is this: if the value of ether reaches a higher value after genesis block (and btw, what's with all the bible references? "genesis block", "exodus address", "serpent" programming language???) than it was sold in the pre-sale, and then massive amounts of ether are sold for bitcoin, how is that going to work? You would have to have buyers equal and greater to the number of buyers in the presale in order for all that ether to be unloaded and picked up in buy orders. But since everyone who supports and knows about Ethereum will buy in the presale, then there will be no demand left after the presale and no buyers. So the value would logically have to drop to a lower value after Ethereum goes live, right? A ton of supply and barely any demand.



This is intended as a long term investment, if the project have success by the end of the year that is when it will go live, tons of more people will come to buy. Dont expect to sell at twice after a week of the end of the presale.


It would have to go viral and be accepted on a huge scale very quickly. Judging from how long Linux took to get to the mainstream, I don't know if that's feasible. Also, it would have to replace Windows on computers and android on smart devices, everyone would have to re-register their domains on the ethereum internet. Considering the power and influence of the companies and organizations that exist, I just can't see this revolutionizing anything soon. If its accepted, it would take a long, long time.

Free SIGNs giving everyday. Be part, do not miss! (http://goo.gl/YPONWb). SnACMyDRD3ZEDBEjPgaMkDmetzjaL6PKQ5
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