[ANN] Ethereum: Welcome to the Beginning

[PapillonV]

Hello.
Where I can buy Ethereum?

You can't.

The initial pre-launch sale is closed. You have to wait till the launch, it should get on the exchanges soon after.

I found on bittrex EtherCoin(ETC). Somebody knows what is it?

[pawel7777]

Hello.
Where I can buy Ethereum?

You can't.

The initial pre-launch sale is closed. You have to wait till the launch, it should get on the exchanges soon after.

I found on bittrex EtherCoin(ETC). Somebody knows what is it?

It's a separate coin, definitely not Ether.

[juicejoyce]

Hello.
Where I can buy Ethereum?

You can't.

The initial pre-launch sale is closed. You have to wait till the launch, it should get on the exchanges soon after.

I found on bittrex EtherCoin(ETC). Somebody knows what is it?

It's a separate coin, definitely not Ether.

of course not the Ethereum on bittrex EtherCoin(ETC).
u should wait.

[theironman]

Launch seems to be in March.

from the blog:

"..with you all as we move forward towards the genesis block release in March..."

[BlindMayorBitcorn]

Launch seems to be in March.

from the blog:

"..with you all as we move forward towards the genesis block release in March..."

I wonder if it will start trading right away. And where

[theironman]

Launch seems to be in March.

from the blog:

"..with you all as we move forward towards the genesis block release in March..."

I wonder if it will start trading right away. And where

If it is like NXT you can just trade inside your wallet.

[BitAddict]

Ether is just fuel... Would you speculate on the price of fuel? If yes, then buy some more!

XRP is also only fuel (and even worse because you can't "own" them) and that doesn't stop traders from buying it to especulate.
So, just as a trader perpective people will speculate with it.

But it is impossible to predict how high or low will be marketcap, it depends in too many factors.

In addition, 60 Millions Ethers, pre-purchased in 2014 - will be available for sale!

Well, that's wrong. You are assuming all of the people who bought Ether did it just to sell it the first day.
People who bought the project locking their money for 6-12 months are probably all Ether permabulls who believe in the project and won't be in a rush to sell their coins and less if they are not doing it at a good profit.
Day traders would never lock their money for such longterm with all that uncertainity.

So, my guess is that will happen quite the opposite, only few of all that Ethers will be available first days and it will slowly pick up with mining production.

------

Anyway there is nothing to do now, both for holders or people who want in as no trading is allowed before launch. No way to profit yet

[Eadeqa]

NXT is almost like Ripple - can you have a Ripple wallet on your PC, can you own Ripple private keys? The answer is no.  Ripple can't be own - they are IOUs - therefore, like the USD, fiat - you can carry them, exchange them, but you don't own them.

Of course you have Nxt and Ripple private keys and you own Nxt/Ripple. You are confusing assets that may require gateways with Nxt/Ripple themselves. In nxt the hash of your passphrase is your private key. In ripple, your private key is generated randomly and encrypted (with your password) and that encrypted version of private key is saved in your browser and ripple site (same concept as blockchain.info wallet) , but you do have the private key in ripple. If you saved that private key, it can be used to access your account with any pc/browser even if you forgot username/password to ripple wallet.

[infobel]

Ether will be plentiful on start up - just wait to buy them: 42000 Ether will be available from mining, every day - from day 1*

In addition, 60 Millions Ethers, pre-purchased in 2014 - will be available for sale!

Will the demand meet supply, or will the supply overcome the demand and dump the price down?   We will see...  Personally, I just don't see a lot of smart contracts, on Day 1 of Ethereum, that will require to consume so much "fuel" or Ether - 42000 Ether/day is a lot! +60 Millions up for grabs.  

My recommendation: wait until Ethereum comes out, wait at least a couple of weeks after the initial exchange listing, and then buy them - but only if you intend to do/use smart contracts - Ether is just fuel... Would you speculate on the price of fuel? If yes, then buy some more!



*As per Ethereum specs, the first year of mining should produce 26% of the Ether raised on the Genesis block (60 millions).  Therefore, there will be 60 millions x 26% divided by 365 days > 42000 Ether mined every day.  If the initial "IPO" (read: "donation") value was 2000 Ether per BTC (= 0.0005 BTC/Ether), then the market would have to absorb a trading volume of at least 42000 Ether x 0.0005 BTC = 21 BTC per day.  Plus, a portion of the 60 millions Ethers (30000 BTC) purchased 6-9 months prior to the first day of mining...  when BTC was worth $600... do the math, and Happy trading!

LTC - A complete useless altcoin - 54,000,000 marketcap
PayCoin - Such a bad joke on greedy people - 46,000,000 marketcap

Ethereum - ~6,600,000 marketcap

nuff said

[profitofthegods]

LTC - A complete useless altcoin - 54,000,000 marketcap
PayCoin - Such a bad joke on greedy people - 46,000,000 marketcap

Ethereum - ~6,600,000 marketcap

nuff said

Totally agree - Etheruem will be able to handle quite a lot of dilution from mining whilst still looking reasonably priced compared to those. I'd also add Stellar - a fairly shoddy fork of Ripple with nothing unique apart from the fact that its mainly distributed to fraudsters who set up multiple facebook accounts for the giveaway - at $17,000,000

[prophetx]

"Bitcoin has not yet found its killer application, and as a result is not breaking into the mainstream. Several candidates for this killer app can be found in the bitcoin 2.0 space."

http://www.coindesk.com/crypto-2-0-2015-turning-bitcoin-theory-big-business

"Micropayments will bring Bitcoin to the tipping point."

https://cdn.panteracapital.com/wp-content/uploads/Pantera-Bitcoin-Letter-December-2014.pdf

Cryptotronix partners with TilePay to bring Bitcoin-based micropayments to the Internet of Things.

http://cryptotronix.com/2014/12/10/tilepay

the micropayments killer app: how to nickel and dime your customers to death

[prophetx]

LTC - A complete useless altcoin - 54,000,000 marketcap
PayCoin - Such a bad joke on greedy people - 46,000,000 marketcap

Ethereum - ~6,600,000 marketcap

nuff said

Totally agree - Etheruem will be able to handle quite a lot of dilution from mining whilst still looking reasonably priced compared to those. I'd also add Stellar - a fairly shoddy fork of Ripple with nothing unique apart from the fact that its mainly distributed to fraudsters who set up multiple facebook accounts for the giveaway - at $17,000,000

this is not correct, there are about 60 Million Ether, the current ethercoin represents 1 million of them, valued at about $1 or so.  thus the market cap of Ethereum, using the value of the proxy ethercoin, is $60 Million, not $6 Million.

[profitofthegods]

LTC - A complete useless altcoin - 54,000,000 marketcap
PayCoin - Such a bad joke on greedy people - 46,000,000 marketcap

Ethereum - ~6,600,000 marketcap

nuff said

Totally agree - Etheruem will be able to handle quite a lot of dilution from mining whilst still looking reasonably priced compared to those. I'd also add Stellar - a fairly shoddy fork of Ripple with nothing unique apart from the fact that its mainly distributed to fraudsters who set up multiple facebook accounts for the giveaway - at $17,000,000

this is not correct, there are about 60 Million Ether, the current ethercoin represents 1 million of them, valued at about $1 or so.  thus the market cap of Ethereum, using the value of the proxy ethercoin, is $60 Million, not $6 Million.

Oh, ok thanks for the clairification. To be honest though, that still seems good to me if its $1 million at current supply, if thats what you mean, and $60 million once everything has been mined. If you look at something like Stellar it would be $457 million with the total supply on the market, if the price per unit remained the same. Ripple would be $1.6 billion.

Generally I prefer to consider the marketcap to be based on current supply rather than total supply, because if your using the price now and considering the value now it doesn't make sense to me to use the future coin supply. Of course you have to take future growth compared to supply inflation into consideration though.

[infobel]

LTC - A complete useless altcoin - 54,000,000 marketcap
PayCoin - Such a bad joke on greedy people - 46,000,000 marketcap

Ethereum - ~6,600,000 marketcap

nuff said

Totally agree - Etheruem will be able to handle quite a lot of dilution from mining whilst still looking reasonably priced compared to those. I'd also add Stellar - a fairly shoddy fork of Ripple with nothing unique apart from the fact that its mainly distributed to fraudsters who set up multiple facebook accounts for the giveaway - at $17,000,000

this is not correct, there are about 60 Million Ether, the current ethercoin represents 1 million of them, valued at about $1 or so.  thus the market cap of Ethereum, using the value of the proxy ethercoin, is $60 Million, not $6 Million.

What are you talking about?
Ethercoin have nothing to do with Ethereum.


~Ethereum price = 31,531 BTC / 60,102,216 ETH, that is 0.00052462 BTC per ETH - raw calculation without taking into consideration the dynamic price.

[mrkavasaki]

can i buy some ether yet?

[Glucose]

can i buy some ether yet?

Yeah I'm interested too. But I think it's too late... presells have already been done..

[infobel]

can i buy some ether yet?

I can sell you for 1.2$ each

[prophetx]

LTC - A complete useless altcoin - 54,000,000 marketcap
PayCoin - Such a bad joke on greedy people - 46,000,000 marketcap

Ethereum - ~6,600,000 marketcap

nuff said

Totally agree - Etheruem will be able to handle quite a lot of dilution from mining whilst still looking reasonably priced compared to those. I'd also add Stellar - a fairly shoddy fork of Ripple with nothing unique apart from the fact that its mainly distributed to fraudsters who set up multiple facebook accounts for the giveaway - at $17,000,000

this is not correct, there are about 60 Million Ether, the current ethercoin represents 1 million of them, valued at about $1 or so.  thus the market cap of Ethereum, using the value of the proxy ethercoin, is $60 Million, not $6 Million.

What are you talking about?
Ethercoin have nothing to do with Ethereum.


~Ethereum price = 31,531 BTC / 60,102,216 ETH, that is 0.00052462 BTC per ETH - raw calculation without taking into consideration the dynamic price.

oh really? how much would you like to bet?

[pawel7777]

LTC - A complete useless altcoin - 54,000,000 marketcap
PayCoin - Such a bad joke on greedy people - 46,000,000 marketcap

Ethereum - ~6,600,000 marketcap

nuff said

Totally agree - Etheruem will be able to handle quite a lot of dilution from mining whilst still looking reasonably priced compared to those. I'd also add Stellar - a fairly shoddy fork of Ripple with nothing unique apart from the fact that its mainly distributed to fraudsters who set up multiple facebook accounts for the giveaway - at $17,000,000

this is not correct, there are about 60 Million Ether, the current ethercoin represents 1 million of them, valued at about $1 or so.  thus the market cap of Ethereum, using the value of the proxy ethercoin, is $60 Million, not $6 Million.

What are you talking about?
Ethercoin have nothing to do with Ethereum.


~Ethereum price = 31,531 BTC / 60,102,216 ETH, that is 0.00052462 BTC per ETH - raw calculation without taking into consideration the dynamic price.

oh really? how much would you like to bet?

Bet on what?

That ethercoin =/= Ethereum?

From ethercoin website:

PLEASE NOTE THAT WE ARE NOT AFFILIATED WITH THE OFFICIAL ETHEREUM PROJECT.  WE ARE OFFERING A SECOND-MARKET SALE OF ETHERS.

So basically buying ethercoin you need to trust that it will be possible to redeem for the real Ether upon launch.

But I'm really surprised to see the price at $1.24, although the daily volume is not high enough to use it as a solid future price of Ether indicator (daily volume $1,248).

[infobel]

LTC - A complete useless altcoin - 54,000,000 marketcap
PayCoin - Such a bad joke on greedy people - 46,000,000 marketcap

Ethereum - ~6,600,000 marketcap

nuff said

Totally agree - Etheruem will be able to handle quite a lot of dilution from mining whilst still looking reasonably priced compared to those. I'd also add Stellar - a fairly shoddy fork of Ripple with nothing unique apart from the fact that its mainly distributed to fraudsters who set up multiple facebook accounts for the giveaway - at $17,000,000

this is not correct, there are about 60 Million Ether, the current ethercoin represents 1 million of them, valued at about $1 or so.  thus the market cap of Ethereum, using the value of the proxy ethercoin, is $60 Million, not $6 Million.

What are you talking about?
Ethercoin have nothing to do with Ethereum.


~Ethereum price = 31,531 BTC / 60,102,216 ETH, that is 0.00052462 BTC per ETH - raw calculation without taking into consideration the dynamic price.

oh really? how much would you like to bet?

Dude, please, take care of your money don't loose like that