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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1813506 times)
MirkoIta
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June 04, 2018, 11:09:51 AM
 #19181

Ethereum price is stable around $600 and there is no bull run in ethereum price yet.
On the other side EOS launched the mainnet and EOS price getting upward after the launch of mainnet.
Now start the competition between two top cryptocurrencies Ethereum and EOS but in my opinion EOS can't overtake ethereum.  Smiley

Projects such as the EOS are the cause of the fall in the price of the ethereum, the developers of the EOS sell the received to the ICO ethereum tokens and thereby dump its price

There are hundred of projects that raised money through ETH and at some point they will all need to dump at least a part of ETH collected during ICOs

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June 04, 2018, 01:53:57 PM
 #19182

Ethereum price is stable around $600 and there is no bull run in ethereum price yet.
On the other side EOS launched the mainnet and EOS price getting upward after the launch of mainnet.
Now start the competition between two top cryptocurrencies Ethereum and EOS but in my opinion EOS can't overtake ethereum.  Smiley

Projects such as the EOS are the cause of the fall in the price of the ethereum, the developers of the EOS sell the received to the ICO ethereum tokens and thereby dump its price

There are hundred of projects that raised money through ETH and at some point they will all need to dump at least a part of ETH collected during ICOs
Well you are right many huge projects ico raised funds through ethereum when they pay for listings or other payments then they dump the price of eth.
But how long will this happen? Eventually ethereum price will be rise in near future and other projects will not able to dump the value of eth.

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June 04, 2018, 05:21:02 PM
 #19183

Ethereum has entered a new adjustment cycle, and this adjustment target will be around $488. I have already prepared some USDT to wait for this price to buy.

I don't think it will go below $500. There will just be too many people jumping in to use the opportunity and get a good entry point.

You never know what the goals of the big guys in this game are. If they want to see the price go below $500, they will make it happen.

For now that is still the case I guess but I think that will also change even more in the future. People can easily access the markets and purchase cryptos they like, which means less control in the hands of a few.

Basically right, but we have seen much larger markets than crypto having been manipulated in the past. Not sure how that compares to crypto though, but the motivation to profit from manipulation will always be there.

The motivation will always be there and the means to catch that manipulation need to develop now. It's difficult for regulators to catch them as of right now.

Maybe as of right now yes, but blockchain is also very transparent at least when it comes to coins like Ethereum or Bitcoin. And there are businesses that have strong analytical capabilities and in addition a lot of regulatory pressure on exchanges. Maybe it's not so easy to manipulate very soon.

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I N D X
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June 04, 2018, 08:05:39 PM
 #19184

Ethereum has entered a new adjustment cycle, and this adjustment target will be around $488. I have already prepared some USDT to wait for this price to buy.

I don't think it will go below $500. There will just be too many people jumping in to use the opportunity and get a good entry point.

You never know what the goals of the big guys in this game are. If they want to see the price go below $500, they will make it happen.

For now that is still the case I guess but I think that will also change even more in the future. People can easily access the markets and purchase cryptos they like, which means less control in the hands of a few.

Basically right, but we have seen much larger markets than crypto having been manipulated in the past. Not sure how that compares to crypto though, but the motivation to profit from manipulation will always be there.

The motivation will always be there and the means to catch that manipulation need to develop now. It's difficult for regulators to catch them as of right now.

Maybe as of right now yes, but blockchain is also very transparent at least when it comes to coins like Ethereum or Bitcoin. And there are businesses that have strong analytical capabilities and in addition a lot of regulatory pressure on exchanges. Maybe it's not so easy to manipulate very soon.

But don't forget there are so many ways to manipulate the market. Look at Tether they didn't even have to provide an audit report until today. It's crazy what is possible in the market.

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June 04, 2018, 09:17:52 PM
 #19185

Ethereum price is stable around $600 and there is no bull run in ethereum price yet.
On the other side EOS launched the mainnet and EOS price getting upward after the launch of mainnet.
Now start the competition between two top cryptocurrencies Ethereum and EOS but in my opinion EOS can't overtake ethereum.  Smiley

Projects such as the EOS are the cause of the fall in the price of the ethereum, the developers of the EOS sell the received to the ICO ethereum tokens and thereby dump its price

There are hundred of projects that raised money through ETH and at some point they will all need to dump at least a part of ETH collected during ICOs
Well you are right many huge projects ico raised funds through ethereum when they pay for listings or other payments then they dump the price of eth.
But how long will this happen? Eventually ethereum price will be rise in near future and other projects will not able to dump the value of eth.

What you describe is the essence of Ethereum to a certain degree. Once the decentralized applications start to function the demand will increase significantly. To accommodate that demand the price will increase.

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June 04, 2018, 09:54:29 PM
 #19186

Ethereum price is stable around $600 and there is no bull run in ethereum price yet.
On the other side EOS launched the mainnet and EOS price getting upward after the launch of mainnet.
Now start the competition between two top cryptocurrencies Ethereum and EOS but in my opinion EOS can't overtake ethereum.  Smiley
If those eos supporters are arguing about the scalability problem of ethereum and it's just the matter of time until all of the layers will be implemented to the ethereum network. I remember vitalik has been telling us to make ethereum will be getting around 1 million transactions per second. It's more than enough to KILL eos. EOS is an overhyped project just like tron.

.
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June 05, 2018, 01:30:49 AM
 #19187

This article explains why Ethereum has already won the race to become the foundation of Web 3.0, and will become the fundamental base layer that all major DApp platforms will choose to build on top of in the future.

"It’s hard to fathom why a developer would want to replace Ethereum instead of simply building on top of it 🤔
Ignoring the obvious motivation that doing so allows them raise hundreds of millions of dollars in an ICO…😉"

https://medium.com/loom-network/ethereum-will-be-the-backbone-of-the-new-internet-88718e08124f

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June 05, 2018, 12:19:24 PM
 #19188

Ethereum price is stable around $600 and there is no bull run in ethereum price yet.
On the other side EOS launched the mainnet and EOS price getting upward after the launch of mainnet.
Now start the competition between two top cryptocurrencies Ethereum and EOS but in my opinion EOS can't overtake ethereum.  Smiley
If those eos supporters are arguing about the scalability problem of ethereum and it's just the matter of time until all of the layers will be implemented to the ethereum network. I remember vitalik has been telling us to make ethereum will be getting around 1 million transactions per second. It's more than enough to KILL eos. EOS is an overhyped project just like tron.

EOS - a pump for pumping money investors into the pockets of the founders. Too large amount collected. Too much temptation to steal it.

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June 05, 2018, 02:30:34 PM
 #19189

Some projects migrate from Ethereum network . I think this is quite normal. A lot of projects are now on the Ethereum and for most Ethereum as the first stage in their development.

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June 05, 2018, 02:43:17 PM
 #19190

Ethereum improves the performance of the chain by slice technology. ETH may cause many side chains to disappear.

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June 05, 2018, 02:47:52 PM
 #19191

It is the second time in a year that large projects are moving on their own blockchains. Still I hope, that all the same there will be a jump of the price upwards under the influx of sharp and positive changes, that the Buterin says.
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June 05, 2018, 03:01:40 PM
 #19192

Ethereum price is stable around $600 and there is no bull run in ethereum price yet.
On the other side EOS launched the mainnet and EOS price getting upward after the launch of mainnet.
Now start the competition between two top cryptocurrencies Ethereum and EOS but in my opinion EOS can't overtake ethereum.  Smiley
If those eos supporters are arguing about the scalability problem of ethereum and it's just the matter of time until all of the layers will be implemented to the ethereum network. I remember vitalik has been telling us to make ethereum will be getting around 1 million transactions per second. It's more than enough to KILL eos. EOS is an overhyped project just like tron.

EOS - a pump for pumping money investors into the pockets of the founders. Too large amount collected. Too much temptation to steal it.

The amount they raised can't really be justified I agree. Maybe though they have an angle and they are much more scaled from the beginning. Doesn't automatically make them a viable alternative in the long run.

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nick1492
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June 05, 2018, 03:24:55 PM
 #19193

Yup slowly, coins moves on their own blockchain. Coins wants to be independent of BTC. So they each coin will have their own market value. Coins will no longer be drag down by btc when btc  goes down. This is quite clearly what is happening now. I notice this because like ethereum, litecoin and ripple are starting to have an exchange directly to fiat money. In my country you could already exchange ethereum to our fiat money directly. Quite cool right. No need to convert first to btc before ethereum. Direct exchange from eth to fiat.

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IncludeBeer
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June 05, 2018, 04:19:13 PM
 #19194

Ethereum price is stable around $600 and there is no bull run in ethereum price yet.
On the other side EOS launched the mainnet and EOS price getting upward after the launch of mainnet.
Now start the competition between two top cryptocurrencies Ethereum and EOS but in my opinion EOS can't overtake ethereum.  Smiley

Projects such as the EOS are the cause of the fall in the price of the ethereum, the developers of the EOS sell the received to the ICO ethereum tokens and thereby dump its price

I doubt it. EOS had a year-long ICO. There's no reason to believe they're just now selling Eth from the ICO.

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IncludeBeer
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June 05, 2018, 04:22:17 PM
 #19195

Ethereum improves the performance of the chain by slice technology. ETH may cause many side chains to disappear.

You mean sharding. Sharding effectively makes many side chains, isolated from others, such that validators for some shards don't have to validate transactions from other shards. I don't see what you mean by "cause many side chains to disappear".

Grow the Dividend Snek! (pm me if you have questions)
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mandibleclaw
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June 05, 2018, 04:42:34 PM
 #19196

Maybe he's saying that other eth-like chains will disappear because eth will be secure and fast AF.
About EOS, sorry but since it's not even a decentralized blockchain can't overtake anything in our beautiful decentralized world

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June 05, 2018, 05:02:55 PM
 #19197

ETH is the best platform for smart contract, as I think. Also it have all chances to be top 10 cryptocurrency for many years

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June 05, 2018, 11:09:31 PM
 #19198

Ethereum price is stable around $600 and there is no bull run in ethereum price yet.
On the other side EOS launched the mainnet and EOS price getting upward after the launch of mainnet.
Now start the competition between two top cryptocurrencies Ethereum and EOS but in my opinion EOS can't overtake ethereum.  Smiley
If those eos supporters are arguing about the scalability problem of ethereum and it's just the matter of time until all of the layers will be implemented to the ethereum network. I remember vitalik has been telling us to make ethereum will be getting around 1 million transactions per second. It's more than enough to KILL eos. EOS is an overhyped project just like tron.

EOS - a pump for pumping money investors into the pockets of the founders. Too large amount collected. Too much temptation to steal it.

I would be very interested in knowing what salaries the main people like Dan Larimer get from those collected funds. It may be in the millions.

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June 06, 2018, 05:01:09 AM
 #19199

ETH is the best platform for smart contract, as I think. Also it have all chances to be top 10 cryptocurrency for many years
yes no doubt eth is best for smart contracts and the team made the working platform in a year without any error. great achievement, that's why its second best cryptocurrency in the crypto world
and about other project that having competition with eth is far behind from it.
eos is about to launching their mainnet but eos needs still much time to develop like ethereum
but then ethereum will developed more

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June 06, 2018, 05:05:11 AM
 #19200

Ethereum have many good and attractive update in this year, 1 million TPS is amazin speed, if theycanreach this speed, $5000 is real i think so  Cheesy

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