[ANN] Ethereum: Welcome to the Beginning

[Matt Y]

ETH is heading to lower than 50 cent levels this month.

Why? Any reasons?

This same question that I want to be answered, why the continuous down trend of ETH on the market? What fuels this bear movement to no end??

Insiders. I have some close friends who work at IBM. They are telling me to sell. So I am. Why? ...wish I knew...I dont know specifics but all I know is high level IBM employees who hold ETH are dumping. I think a big announcement is coming in October as well that is going to send ETH to new lows.

LOL! Blazin8888: Somewhere out there men in white coats and giant butterfly nets are looking for you. Remember you saying Vitalik would fork ETH? What BS will you spill next…?

There is no reason for people to buy eth. It has no utility to support the current valuation. The only people who should own it are people who want to speculate or support a project for fun. No serious buying pressure will happen until there is utility and the chain is trusted. This can't happen until the switch to POS is made and nothing bad happens for a while. Until then, why would anyone (besides the people already in the project) put anything of serious value on Ethereum?

There is also a ton of eth being mined which will put aiddtional downward pressure on the price.

You're talking about Ethereum, the Turing complete crypto which can do things Bitcoin simply cannot and is in the process of revolutionizing the blockchain by bringing its power to the Internet of Things (IoT), law and property and so much more? #tweether 

https://twitter.com/consensysllc/status/647498595034374145
"Check out Tweether, a microblogging dApp built on #ethereum"

Yes.

[tyz]

What I said on the beginning. It is a normal development. Ethereum was hyped extremely. Then they released a software what is not useable for most users. Nobody invests into a coin when (s)he doesn't have a working client. Most do not have the technical skills for all the console stuff. Further, the inflation rate plays a role, too. It seems that most have not realized yet that there is a high inflation (much higher than Bitcoin) what causes a naturally price decline. My prediction was a few weeks ago, that the fair market cap of Ethereum is around 30 million at the moment.

ETH is heading to lower than 50 cent levels this month.

Why? Any reasons?

This same question that I want to be answered, why the continuous down trend of ETH on the market? What fuels this bear movement to no end??

[soulistyce]

http://rigs.online/ is a scam....
i saw it on supernva link that we could rent our eth rigs, so i rent my own 130mhs,
now i cant find wridraw boton, already ask by contact form to wridraw and until now nothing, no money no reply....just nothing....
what a scam

[ocminer]

http://rigs.online/ is a scam....
i saw it on supernva link that we could rent our eth rigs, so i rent my own 130mhs,
now i cant find wridraw boton, already ask by contact form to wridraw and until now nothing, no money no reply....just nothing....
what a scam

Everything is a scam in the meanwhile

Maybe you wait 1-2 days, there is a thread here:

https://bitcointalk.org/index.php?topic=1187213.20

Their support/dev is probably offline at the weekend

[doge94]

To show everyone we're still alive and kicking, we're offering a 10% bonus reward on each block mined for the next 48 hours! If all goes well, we plan on doing this every week.

Check us out here: http://weipool.org/

[soulistyce]

http://rigs.online/ is a scam....
i saw it on supernva link that we could rent our eth rigs, so i rent my own 130mhs,
now i cant find wridraw boton, already ask by contact form to wridraw and until now nothing, no money no reply....just nothing....
what a scam

Everything is a scam in the meanwhile

Maybe you wait 1-2 days, there is a thread here:

https://bitcointalk.org/index.php?topic=1187213.20

Their support/dev is probably offline at the weekend

Ive seen the post now. Thanks...
Wridraw boton will be implemented on monday...
I trust suprnova

[cjmoles]

Anybody here have any thoughts on how Augur will affect Ethereum's valuation, if at all?

[Ants in My Pants]

There is an article on the official ethereum forum about the secure web wallet https://ethereumwallet.org.
If you are interested, you can read that article by following the link below.
It has many screenshots and a noob friendly step by step tutorial.

http://forum.ethereum.org/discussion/3505/review-of-ethereum-web-wallet-and-basic-steps-to-get-you-started-noob-freindly

what happened to this online wallet?

[LiQio]

There is an article on the official ethereum forum about the secure web wallet https://ethereumwallet.org.
If you are interested, you can read that article by following the link below.
It has many screenshots and a noob friendly step by step tutorial.

http://forum.ethereum.org/discussion/3505/review-of-ethereum-web-wallet-and-basic-steps-to-get-you-started-noob-freindly

what happened to this online wallet?

Looks like there are some scam accusations:
https://bitcointalk.org/index.php?topic=1161845.msg12499230#msg12499230

[shanem]

I don't get it who is selling all their ETH.
ETH is 0.0025 now and heavy selling is going on.

[ImI]

I don't get it who is selling all their ETH.
ETH is 0.0025 now and heavy selling is going on.

stolen coins maybe?

[Ants in My Pants]

There is an article on the official ethereum forum about the secure web wallet https://ethereumwallet.org.
If you are interested, you can read that article by following the link below.
It has many screenshots and a noob friendly step by step tutorial.

http://forum.ethereum.org/discussion/3505/review-of-ethereum-web-wallet-and-basic-steps-to-get-you-started-noob-freindly

what happened to this online wallet?

Looks like there are some scam accusations:
https://bitcointalk.org/index.php?topic=1161845.msg12499230#msg12499230

too bad, site looked decent when i saw it initially.. glad i didnt use it and glad to know it wasn't truly secure.

[Matt Y]

I don't get it who is selling all their ETH.
ETH is 0.0025 now and heavy selling is going on.

https://blog.ethereum.org/2015/09/28/the-evolution-of-ethereum/

"there are some difficult challenges that remain: some technical, some organizational, and some of almost every kind. The core of the problem is simple. Up until fairly recently, almost all of the work that has been done on the Ethereum project has been done by subsidiaries of the foundation. In the future, however, although the foundation and its subsidiaries are going to continue to take on a strong and leading role, it will be the community that will gradually be the primary driver in making it succeed. "

"First of all, it is indeed true that the foundation’s finances are limited, and a large part of this was the result of our failure to sell nearly as much of our BTC holdings as we were planning to before the price dropped to $220; as a result, we suffered roughly $9m in lost potential capital , and a hiring schedule that was meant to last over three years ended up lasting a little under two (although bolstered by a “second wind” from our ETH holdings)."

"The foundation and its subsidiaries alone simply do not have the manpower to push the entirety of this vision through to its ultimate completion"

"In the near future, there will be several more non-profit and for-profit entities emerging in and around the space, some with the involvement of Ethereum team members"

"a substantial number of Ethereum foundation subsidiary staff is going to be moving over to the rapidly growing for-profit Ethereum ecosystem"

[Fatov]

Im a dev, where could i find info about service develop?

[fartbags]

Im a dev, where could i find info about service develop?

ethereum.org.

[Jahvinci]

Lets see a rebound now

[fartbags]

Hello, Why hashimoto Ethereum's algo not added on NiceHash or on Miningrigrentals? ...I m asking... :-)

Because the Ethereum developers aren't experienced altcoin devs. This was their first altcoin. They have no connections in this industry. No one on the Ethereum team knew anything about how to launch a coin. They used a horrible difficulty adjustment algorithm. They had 0 pools at launch. They did PoW instead of PoS.

I have read the Ethereum code and it is quite basic. It's very similar to Bitcoin. I was really hoping for more from Ethereum but it looks like they just reinvented the wheel and added in a new feature. It's heavily over priced right now.

They ripped off people. I have no idea where that $18,000,000 went that they raised. This project could have been built for $2,000,000 and 8 programmers. They then premined a bunch of coins for the developers even though they got paid $18,000,000 already.

They should have gone PoW & PoS hybrid but they weren't smart enough to build such a thing. They now had to hire the guy who invented Synereo to help them make Ethereum better.




I could never recommend selling Ethereum if you own it because it has such big potential but I'm definitely looking for the next big project that can deliver on expectations. Synereo looks like the next big thing as of right now but after researching them more they are big supporters of NATO (No Action Talk Only).

[AliassailA]

Well, it's a good time to buy when the price is low.
ETH has not showed its power yet, but you can be sure that sometime down the road, the average joe will learn about it.

DAPPs are already a great pilar, but wait for these two ones and people will understand just how powerful is ETH:

EtherBrowser: the upcoming primary client for Ethereum, which will exist in the form of a web browser that can be used to access both normal websites and applications built on top of the Ethereum platform

Swarm: an upcoming P2P data storage protocol optimized for static web hosting that will be integrated into the EtherBrowser

Just based on the algo I am keeping ethereum going! I have a few nodes running and I have faith in you guys! Hell if it drops to 25 cents I am still making a killing.... Also remember when online stores and products implement this cryptocurrency we will see a small drop too but that's a good thing!

Edit: Yes everyone please stop mining this coin... MORE FOR ME MWAHAHAHAHAHA

[skunk]

I could never recommend selling Ethereum if you own it because it has such big potential but I'm definitely looking for the next big project that can deliver on expectations. Synereo looks like the next big thing as of right now but after researching them more they are big supporters of NATO (No Action Talk Only).

even worse, synereo is a israel company.

[fartbags]

I could never recommend selling Ethereum if you own it because it has such big potential but I'm definitely looking for the next big project that can deliver on expectations. Synereo looks like the next big thing as of right now but after researching them more they are big supporters of NATO (No Action Talk Only).

even worse, synereo is a israel company.

Decentralization has no borders or companies