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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1827292 times)
mandibleclaw
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August 28, 2018, 04:52:41 PM
 #20101

https://bitcointalk.org/index.php?topic=1962536.0

thoughts on this thread? the guy keeps posting the vitalik spider pictures and claims that since 70000000 ETH existed prior to mining commencement, vitalik still has those.

This is in the FAQs on https://www.ethereum.org/ether :
Quote
How are ethers created?
The total supply of ether and its rate of issuance was decided by the donations gathered on the 2014 presale. The results were roughly:

60 million ether created to contributors of the presale
12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation
5 ethers are created every block (roughly 15-17 seconds) to the miner of the block
2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasn't included (called uncle/aunt reward)

So 60 million ETHs was given to the people which bought them during the presale and 12 million for the development fund (which I think sold or gave away most of them already).

Those 70'000'000 premined ETH didn't go in Vitalik Buterin's pockets.

probably it was some bitcoin's maximalist delirium lol. They are on a war against ethereum for God knows what reasons, sometimes they even call it "scam". I really don't get it

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solosequenosenada
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August 28, 2018, 05:03:01 PM
 #20102

"At this point, I want ETH even if it is a scam"   Cheesy

https://twitter.com/elonmusk/status/1034483462235975681

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princehandsome
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August 28, 2018, 05:18:32 PM
 #20103

This was first serious correction in Ethereum which will provide strong foundation for next rise. Most comments are based on theory if price are climbing up you can predict all time highs and when there is downtrend you can predict lower lows. Ethereum is not going away and will stay here and few times return will give to strong hands.
+1 agree with you! absolutely right last time when ethereum was going up constantly, nobody knew that ethereum will go back to $250.
But now we got lesson from this fall, well now best time to buy ETH at this price. HODL for long term.  Smiley
I think buying ETH when the price is still low for a long time is a good idea because in the future you might find it difficult to buy ETH because the ETH price could be very high in the future. holding this coins for the long term is not bad.  Smiley

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August 28, 2018, 05:26:04 PM
 #20104

Is it true that ethereum will soon replace the original bitcoyne? Now everyone is talking about this.
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August 28, 2018, 06:17:24 PM
 #20105

If the popular ICQ on ETH begins, all ICO participants will buy ether to buy coins and the price of ETH will increase
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August 28, 2018, 07:47:56 PM
 #20106

If the popular ICQ on ETH begins, all ICO participants will buy ether to buy coins and the price of ETH will increase
yes but the ICOs  funds collectors will sell eth at once when they need money to spent
their should be some rules for the ICO funds selling
that should not be effect on the ether price in the crypto market but if that happens then price goes down

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August 29, 2018, 04:35:38 AM
 #20107

If the popular ICQ on ETH begins, all ICO participants will buy ether to buy coins and the price of ETH will increase

Q3-4 of Last year was the year of ICOs almost all the project were hitting their max cap but after the ICO bans on various countries collecting funds are getting tougher.


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August 29, 2018, 06:00:37 AM
 #20108

If the popular ICQ on ETH begins, all ICO participants will buy ether to buy coins and the price of ETH will increase

Q3-4 of Last year was the year of ICOs almost all the project were hitting their max cap but after the ICO bans on various countries collecting funds are getting tougher.
Yes it does and to make things worse there are the scam ICO and the grab and run projects those are the ICO that only collects fund and no plan of development, investors are getting afraid to invest in new ICO, bitcoin is gaining traction and ETH is slowly moving up if it continues we might see better results in ICO.   
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August 29, 2018, 06:31:47 AM
 #20109

https://www.coindesk.com/moscows-government-to-use-ethereum-to-promote-transparency-in-commerce/

Great adoption by  Russia
Ethereum if used by Russia could easily take price to big levels.
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August 29, 2018, 07:26:38 AM
 #20110

What do you think, what is a reason of such a dump in ETH price and not recovering it back like almost every other altcoins?
Is that something wrong with the network  or any basic layer problems?
Or is it just "accumulation". Do you know something?
I guess it could be due to ICO funds dump...

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boopy265420
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August 29, 2018, 08:08:30 AM
 #20111

Ethereum is Russia's favorite token from the start if you know the history when Vitalik visited Russia he was welcomed at state level. This shows that skin in still in the game and Ethereum is pretty much relevant continuously. As of recent dump in its price that in simple words is pure manipulation and it is to stay here as important player.

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August 29, 2018, 03:45:28 PM
 #20112

Manipulation I think is the big reason for the price dump. I have a feeling the price will look much different in 6-12 months...

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August 29, 2018, 07:07:26 PM
 #20113

The NASDAQ is attempting to be the first mover in crypto exchange governance, order execution, and at the forefront of institutional movement into the crypto ecosystem. While there have been other headlines connected to global exchanges dipping their toes into the crypto waters via partnerships and futures trading; the NASDAQ may just go all in.

And what does ‘all in’ look like for the famously aggressive and tech-savvy NASDAQ? Creating a pathway for cryptos to be listed and traded on the exchange proper.

While the details remain a bit fuzzy a trusted NASDAQ source continues to feed us information on the timelines surrounding the likes of Bitcoin and Ethereum being listed and tradeable on the NASDAQ.

Our source just passed us this note: “The conversation around listing coins has centered on how they will be classified from a regulatory standpoint. As you can imagine, our leadership is closely connected to the rumbling at the SEC and CFTC around cryptos and what is expected over the next 3-6 months. Even with the longest of time frames assumed, some guidance will be provided and I expect we will act quickly. The framework (two different sets of framework based on two different regulatory outcomes) has already been laid to create a separate silo for coin listings and a robust trading apparatus. Doing the math here, look for regulatory bodies to provide guidance in Q1 of 2019, and an announcement and a ‘coin exchange’ to either be announced or launched in Q2 of 2019.”

EXCLUSIVE: NASDAQ SOURCE: “The listing of several coins will happen in 2019…”

https://theicojournal.com/exclusive-nasdaq-source-the-listing-of-several-coins-will-happen-in-2019/   

INVALID BBCODE: close of unopened tag in table (1)
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August 29, 2018, 07:26:48 PM
 #20114

Wonderful article that is good news future of ETH will be very bright and it will gain more value in short time of period. Even it looking hard how it will make comeback while support in so big but in background so many big companies working on it to increase the adoption and make it easy for mainstream people to buy or sell cryptocurrencies with comfort and security.

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August 30, 2018, 04:29:32 AM
 #20115

~snip~

Damn! if that information has any truth to it then we might start seeing some pretty good bull movement by the Q1 of 2019.


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IncludeBeer
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August 30, 2018, 04:31:23 AM
 #20116

If the popular ICQ on ETH begins, all ICO participants will buy ether to buy coins and the price of ETH will increase

Q3-4 of Last year was the year of ICOs almost all the project were hitting their max cap but after the ICO bans on various countries collecting funds are getting tougher.

Have you seen the figures for 2018 ICO sales? They're already larger than 2017's...

Grow the Dividend Snek! (pm me if you have questions)
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wgd
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August 30, 2018, 06:45:38 AM
 #20117

If the popular ICQ on ETH begins, all ICO participants will buy ether to buy coins and the price of ETH will increase

Q3-4 of Last year was the year of ICOs almost all the project were hitting their max cap but after the ICO bans on various countries collecting funds are getting tougher.

Have you seen the figures for 2018 ICO sales? They're already larger than 2017's...
But it could means more ethereum for dump soon..
Ethereum is Russia's favorite token from the start if you know the history when Vitalik visited Russia he was welcomed at state level. This shows that skin in still in the game and Ethereum is pretty much relevant continuously. As of recent dump in its price that in simple words is pure manipulation and it is to stay here as important player.

maybe it's the reason? While USA is against Russia maybe USA would like to destroy ETH due its connection with Russia

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dr.cheema
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August 30, 2018, 04:07:21 PM
 #20118

https://www.coindesk.com/moscows-government-to-use-ethereum-to-promote-transparency-in-commerce/

Great adoption by  Russia
Ethereum if used by Russia could easily take price to big levels.
It's a beginning, many countries will be adopt bitcoin and ethereum in near future.
Then price will go at big levels just we need to buy at low price and HODL for long term.  Smiley

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August 30, 2018, 07:43:13 PM
 #20119

If the popular ICQ on ETH begins, all ICO participants will buy ether to buy coins and the price of ETH will increase

Q3-4 of Last year was the year of ICOs almost all the project were hitting their max cap but after the ICO bans on various countries collecting funds are getting tougher.

Have you seen the figures for 2018 ICO sales? They're already larger than 2017's...
But it could means more ethereum for dump soon..
Ethereum is Russia's favorite token from the start if you know the history when Vitalik visited Russia he was welcomed at state level. This shows that skin in still in the game and Ethereum is pretty much relevant continuously. As of recent dump in its price that in simple words is pure manipulation and it is to stay here as important player.

maybe it's the reason? While USA is against Russia maybe USA would like to destroy ETH due its connection with Russia
if russia likes eth then what could be a prob for us but if russia have connections with eth and its developers then maybe usa think that eth should be go lower or destory it
by my point of view eth and other crypto currencies that are decentralized are having no connections with any countries
anyone in the world can use it and send and receive as payment

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August 31, 2018, 02:55:25 AM
 #20120

~snip~

Damn! if that information has any truth to it then we might start seeing some pretty good bull movement by the Q1 of 2019.
Alright and then i will try to prepare my self bought more ethereum and bitcoin as much as i can. I guess there will be so many speculators will betting on this one. I don't need bitcoin ETF as long as bitcoin will have listed in so many good sites and then it could be a good thing.


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