[ANN] Ethereum: Welcome to the Beginning

[ocminer]

Why this coin is still good for mining on daily basis

Ethereum made it extremely hard to mine. You have to be a genius to mine this coin. You also can't rent miners for it yet.

You can rent miners for over a week now

http://rigs.online

[allyouracid]

It's even more surprising to know the people who receive payments from Ethereum don't refuse to accept anything other than cryptocoins.

This attitude is what annoys me - as a web developer by profession - most. How comes that so many people are thinking that all we do is playing Tetris all day long, just because our work implies the usage of a computer? We use our fuckin brains to work, and it's as much work as any other kind of work is work, too.

If you're working full time on a project, dedicating your time to it, and you have a fuckin family to feed at home. Would you accept any crypto currency to achieve that goal? Hell, I wouldn't even accept Bitcoin to make sure I have some food on the fuckin table at the end of each month.

[fartbags]

It's even more surprising to know the people who receive payments from Ethereum don't refuse to accept anything other than cryptocoins.

This attitude is what annoys me - as a web developer by profession - most. How comes that so many people are thinking that all we do is playing Tetris all day long, just because our work implies the usage of a computer? We use our fuckin brains to work, and it's as much work as any other kind of work is work, too.

If you're working full time on a project, dedicating your time to it, and you have a fuckin family to feed at home. Would you accept any crypto currency to achieve that goal? Hell, I wouldn't even accept Bitcoin to make sure I have some food on the fuckin table at the end of each month.

Do you find it hard to sell cryptocoins for fiat? It's pretty simple once you learn how to do it.

The good thing about cryptocoins & businesses is that they are fully transparent. If Ethereum had paid everyone in cryptocoins then a computer script could produce all of the financial records. A computer could perform an automated audit on the finances every day. Everyone would know everything and we could see what went wrong.


Vitalik is said to be a genius and knows everything about cryptocoins. He didn't use much of their record keeping abilities. He must be covering up something.

[allyouracid]

Converting itself isn't much of an issue, that's probably right. What is an issue is price fluctuations. Imagine one salary of, say, 4000$/month (I don't know how much the developers are paid, but I think this should be realistic). After you received your payment, price drops 10% (which is very realistic and more on the lower side of potential decreases).
400 bucks would just be gone. Would you accept your boss denying you 400 bucks, because the cryptocurrency he decided to use dropped in price? Most people wouldn't even accept 40 or even 4 bucks less, which is 0.1%.

Now imagine a decline of 20%*, and half of the rent I pay every month would be gone in an instant. I wouldn't want to explain to my family why I just gambled half our month's rent, just because of some altruistic ideas I have.
Would you still accept crypto as regular payment?


Also, I'm not exactly sure about what to say about the matter of the guys being penetrated to make their investments/financials public. I don't know if they're maybe legally obliged to do so. But speaking from the company I work in, I can definitely say that we're doing no such thing.
But sure, it's hard to compare an ordinary company to something like this, where investors and lots of foreign money are involved.


* plus the additional sell pressure which arises if all the developers need to cash out like what, 100000? more? each month to convert to fiat - the price would be close to zero in an instant!

[fartbags]

The problem is we were reckless with our investments. Next time we try to create a new altcoin with an added feature, like adding a programming language on top of blockchain, we should take more control from the developers. The developers should be employees of us. You have to think of it as the public created Ethereum and it is ours. We control it.

Instead of giving money to people in exchange for a product, we should hire people for a certain time frame and end up getting what we get. We then need to figure out a plan to re-sign developers once the initial funds of gone. We need a way to dilute shares each year in order to pay for the next years bills. This would create an endless cycle or progress/work on the project. Computer programmers are notorious for going over budget and being late to deliver just like Ethereum did. The way Ethereum worked was not a good way. There should be no company. The public should be in control.


The developers should not be treated special. They should have to broadcast live all conference calls/discussions. The public should be able see any of the developers workstation screens.



Now that we have Ethereum. I think a lot of these new ideas I have proposed are more easily possible than before. We now have contracts where funds can be locked up and partially distributed to developers each day. This is getting pretty excited.

[allyouracid]

I appreciate your ideas (even though some can be argued in terms of feasibility)... but the uncomfortable questions are still left unanswered

[cwrmyy888]

Hello, please help me.

295X2
15.7AMD
Z87X-OC

Ethminer

GPU device with sufficient memory was found.Can`t GPU mine.remove the -g argument no

Thank you

[mookid]

CWRMY88, try this, as I believe this problem is caused by certain cards.  I have a 7970 amd sapphire that requires me to put the following in.  Try this and let me know if this helps:

ethminer.exe -F http://eth1.nanopool.org:8888/your addresss -G --opencl-platform 1


I don't know what pool you are using and I am not advertising, this is just an example. 
TuP

This should solve your problem, if it doesn't try the different implementations of Ethereum. Also, try AlethZero and AlethOne to see if you are still having the same issues.
Good luck

[OrientA]

Hello, please help me.

295X2
15.7AMD
Z87X-OC

Ethminer

GPU device with sufficient memory was found.Can`t GPU mine.remove the -g argument no

Thank you

Try an older catalyst version, such as 14.7.

[CryptoMate]

Friendly reminder to British ethereum users that they can now buy ETH instantly from https://cryptomate.co.uk/buy-ethereum/ via UK Bank Transfer.  CryptoMate were the first British exchange to sell ETH!

[CryptoVote]

Imagine one salary of, say, 4000$/month  (I don't know how much the developers are paid, but I think this should be realistic)

Maybe in the 1980s.  The average C++ programmer makes more than $8,000 per month.  http://www.indeed.com/salary/C-Developer.html
Working with decentralized P2P, blockchain db, and DHT isn't easy so it will cost more.  

[Piston Honda]

did this coin gives anyone free lube at least??

i mean they all took it up the ass pretty good thus far.

HA

[jch9678]

did this coin gives anyone free lube at least??

i mean they all took it up the ass pretty good thus far.

HA

The funny miner does not hide his jokes

[Sir Alpha_goy]

.

[bitwarrior]

Could you address this claim made that Ethereum is going to start a pump on October 19th that will subside on November 15th?

http://lunaticoutpost.com/thread-588372.html

Also, do you have any ties to Suspicious0bserver?

So let's pull up what the next coin is shall we.

First we must look at what Suspicious 0bserver is doing this month.

He is Observing the Frontier.

http://www.suspicious0bservers.org/

So what is this Frontier really?

https://www.ethereum.org/

The conference ends on the 18th of October.

Guess what happens on the 19th?

The green eagle will fly.

http://www.google.com/doodles/nigeria-national-day-2015

I believe that green eagle has 19 flowers under it.

How long will it fly?

Till Comet US10 Catalina hits perihelion on November 15th 2015.

Is there any truth to this?

I hope it will be true, ethereum has been going south in value for more than a month now.

[lajz99]

Could you address this claim made that Ethereum is going to start a pump on October 19th that will subside on November 15th?

http://lunaticoutpost.com/thread-588372.html

Also, do you have any ties to Suspicious0bserver?

So let's pull up what the next coin is shall we.

First we must look at what Suspicious 0bserver is doing this month.

He is Observing the Frontier.

http://www.suspicious0bservers.org/

So what is this Frontier really?

https://www.ethereum.org/

The conference ends on the 18th of October.

Guess what happens on the 19th?

The green eagle will fly.

http://www.google.com/doodles/nigeria-national-day-2015

I believe that green eagle has 19 flowers under it.

How long will it fly?

Till Comet US10 Catalina hits perihelion on November 15th 2015.

Is there any truth to this?

I hope it will be true, ethereum has been going south in value for more than a month now.

And that will unfortunately continue to be the case for quite a while.

[wildduck]

Could you address this claim made that Ethereum is going to start a pump on October 19th that will subside on November 15th?

http://lunaticoutpost.com/thread-588372.html

Also, do you have any ties to Suspicious0bserver?

So let's pull up what the next coin is shall we.

First we must look at what Suspicious 0bserver is doing this month.

He is Observing the Frontier.

http://www.suspicious0bservers.org/

So what is this Frontier really?

https://www.ethereum.org/

The conference ends on the 18th of October.

Guess what happens on the 19th?

The green eagle will fly.

http://www.google.com/doodles/nigeria-national-day-2015

I believe that green eagle has 19 flowers under it.

How long will it fly?

Till Comet US10 Catalina hits perihelion on November 15th 2015.

Is there any truth to this?

I hope it will be true, ethereum has been going south in value for more than a month now.

And that will unfortunately continue to be the case for quite a while.

Yes i agree with you just downhill

[stellargratis]

Dump and die 

seems to be like that 

[Zz]

Dump and die 

seems to be like that 

What did you expect? If you bought 1 year ago you earned more than 10x your initial investment. For now there's only one way to go and it's downhill.

[Gillette]

Dump and die 

seems to be like that 

What did you expect? If you bought 1 year ago you earned more than 10x your initial investment. For now there's only one way to go and it's downhill.

Dump and rebuy later!