[ANN] Ethereum: Welcome to the Beginning

[Zeta0S]

O sh*t my investment of 300 dollar year ago is really gonna be huge!

[bitbitch]

Bitcoin is a pocket calculator, Ethereum is a general purpose computer. - NickSzabo

This. ETH > BTC no discussion. 10$ ain't NOTHING yet people dumbing at these prices will be VERY short-sighted.

I agree with you mate. Given the fact that Ethereum's price has been increasing very fast over the last month, I would say that we could reach $20+ in the next days or month. Maybe by the end of 2016, ETH would be at $50+ don't you think? 

ETH only has to reach around $83 to be worth the same at Bitcoin right now.

Similarly, ETH reaching $206 would be the same as BTC reaching $1100.

you mean market cap?

[WilderX]

Bitcoin is a pocket calculator, Ethereum is a general purpose computer. - NickSzabo

This. ETH > BTC no discussion. 10$ ain't NOTHING yet people dumbing at these prices will be VERY short-sighted.

I agree with you mate. Given the fact that Ethereum's price has been increasing very fast over the last month, I would say that we could reach $20+ in the next days or month. Maybe by the end of 2016, ETH would be at $50+ don't you think? 

1. Price will be around 90$ per ETH by end of 2016 mostly due to the difficulty adjustment scheme
2. In 2017 POS is introduced and Dapps starting to run on the network in mass lots of GAS=ETH will be consumed which drives the price even higher 200-300$ per ETH range
3. In 3-5 Years Ethereum finally scales past 100000 Transactions per second towards infinite and goes mainstream there will be services like Youtube, Facebook, Amazon, News medias, Finance industry and also lots of even unthinkable services... with Billion+ users on the network GAS=ETH price explodes, USD is dead/gone and you will be rich even if you only hold 10 ETH.

Difficulty adjustment scheme started in October 2015 (block 200000)
Diff after  0.858447488584475  month is:  6232936262127 and avg block time is:  15.5823406553175
Diff after  1.85844748858447  month is:  6232937670151 and avg block time is:  15.5823441753775
Diff after  2.85844748858448  month is:  6232942111847 and avg block time is:  15.5823552796175
Diff after  3.85844748858448  month is:  6232958188775 and avg block time is:  15.5823954719375
Diff after  4.85844748858448  month is:  6233013075943 and avg block time is:  15.5825326898575
Diff after  5.85844748858448  month is:  6233194531815 and avg block time is:  15.5829863295375
Diff after  6.85844748858448  month is:  6233767984103 and avg block time is:  15.5844199602575
Diff after  7.85844748858448  month is:  6235832384487 and avg block time is:  15.5895809612175
Diff after  8.85844748858447  month is:  6242897263591 and avg block time is:  15.6072431589775
Diff after  9.85844748858447  month is:  6266280901607 and avg block time is:  15.6657022540175
Diff after  10.8584474885845  month is:  6340311940071 and avg block time is:  15.8507798501775
Diff after  11.8584474885845  month is:  6605394050023 and avg block time is:  16.5134851250575 <--- Here is roughly October 2016
Diff after  12.8584474885845  month is:  7514731740135 and avg block time is:  18.7868293503375
Diff after  13.8584474885845  month is:  10527970065383 and avg block time is:  26.3199251634575
Diff after  14.8584474885845  month is:  20084473625575 and avg block time is:  50.2111840639375
Diff after  15.8584474885845  month is:  54122357881831 and avg block time is:  135.305894704577
Diff after  16.8584474885845  month is:  171161827310567 and avg block time is:  427.904568276417
Diff after  17.8584474885845  month is:  559433313319911 and avg block time is:  1398.58328329978
Diff after  18.8584474885845  month is:  1792973690534887 and avg block time is:  4482.43422633722
Diff after  19.8584474885845  month is:  6163566770682855 and avg block time is:  15408.9169267071
Diff after  20.8584474885845  month is:  21227082229644263 and avg block time is:  53067.7055741107
Diff after  21.8584474885845  month is:  71255685927173095 and avg block time is:  178139.214817933
Diff after  22.8584474885845  month is:  230468268164021223 and avg block time is:  576170.670410053
Diff after  23.8584474885845  month is:  791663401027402727 and avg block time is:  1.97915850256851e6

[BTCdoaA]

And we are above 10$. Next target is 1b mc.

Easy my friend, this is insane haha

Not soon as this .
But i think by the end of tomorrow you will see 0.04 or above per 1 Eth
good luck

[Casabrandy]

Bitcoin is a pocket calculator, Ethereum is a general purpose computer. - NickSzabo

This. ETH > BTC no discussion. 10$ ain't NOTHING yet people dumbing at these prices will be VERY short-sighted.

I agree with you mate. Given the fact that Ethereum's price has been increasing very fast over the last month, I would say that we could reach $20+ in the next days or month. Maybe by the end of 2016, ETH would be at $50+ don't you think? 

ETH only has to reach around $83 to be worth the same at Bitcoin right now.

Similarly, ETH reaching $206 would be the same as BTC reaching $1100.

If the Ethereum does reach $82 ,we will all be very rich as early adopters. We missed bitcoin, but we will catch Ethereum.

[notbatman]

Gentlemen, I'm pretty confident we are the new wealthy elite. 

[WastedLTC]

Gentlemen, I'm pretty confident we are the new wealthy elite. 

So selling 1/2 my ETH from .015 to .022 was a bad idea?   

[bitbitch]

Gentlemen, I'm pretty confident we are the new wealthy elite. 

So selling 1/2 my ETH from .015 to .022 was a bad idea?   

not necessarily. the price will ease off at some point before then rising again. if you timed it right you might be able to buy back below 0.15 and record a profit. if you sold to recover your stake money then you now have a free 1/2 to play with. if that's the case i would suggest you now hold. you have to have a ticket to win the lottery :-)

[tbearhere]

When is the Ethereum hard fork scheduled?

Why would they hard fork it?.........I never understood that.
Thx

Implement Homestead

Ok  thx

[bitbitch]

one of the next important developments will be when Ethereum decides and then announces a hard ceiling on the total number of ETH that will ever be made available. originally there was a plan for 1 billion, but more recently talk of 100 million as the supply limit. if that happens the price will rocket.

[myxamop]

one of the next important developments will be when Ethereum decides and then announces a hard ceiling on the total number of ETH that will ever be made available. originally there was a plan for of 1 billion, but more recently talk of 100 million as the supply limit. if that happens the price will rocket.

"BC: When will the issuance of Ether taper off?

VB: We are planning a proof of stake switch early next year, which will greatly reduce issuance, likely to 0-2m per year."
https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

[WastedLTC]

Gentlemen, I'm pretty confident we are the new wealthy elite. 

So selling 1/2 my ETH from .015 to .022 was a bad idea?   

not necessarily. the price will ease off at some point before then rising again. if you timed it right you might be able to buy back below 0.15 and record a profit. if you sold to recover your stake money then you now have a free 1/2 to play with. if that's the case i would suggest you now hold. you have to have a ticket to win the lottery :-)

Agree, holding is good for the other 1/2.  The ETH was all from the original crowd funding so things worked out well.  =)    I moved it back over to BTC.   Now I can watch them both moon in the future.

[bitbitch]

one of the next important developments will be when Ethereum decides and then announces a hard ceiling on the total number of ETH that will ever be made available. originally there was a plan for of 1 billion, but more recently talk of 100 million as the supply limit. if that happens the price will rocket.

"BC: When will the issuance of Ether taper off?

VB: We are planning a proof of stake switch early next year, which will greatly reduce issuance, likely to 0-2m per year."
https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

thanks. a good read.

on 15th feb 2016 total supply was approx. ETH 77,050,000.

less than three weeks later supply is approaching ETH 77,500,000.

that supply rate is +1/2 million per month. one year from now total supply will be approx. ETH 85 million.

I'm hoping Ethereum has its financial projections worked out and will be able to cap supply at 100 million, with a greatly reduced rate of issuance over many years ahead. It would be in Ethereum's best interest to do so imho.

[bitbitch]

Gentlemen, I'm pretty confident we are the new wealthy elite. 

So selling 1/2 my ETH from .015 to .022 was a bad idea?   

not necessarily. the price will ease off at some point before then rising again. if you timed it right you might be able to buy back below 0.15 and record a profit. if you sold to recover your stake money then you now have a free 1/2 to play with. if that's the case i would suggest you now hold. you have to have a ticket to win the lottery :-)

Agree, holding is good for the other 1/2.  The ETH was all from the original crowd funding so things worked out well.  =)    I moved it back over to BTC.   Now I can watch them both moon in the future.

yes, it's a smart strategy. i'm the same.

[watashi-kokoto]

I sold at 5 bucks. good luck

to all

[WilderX]

I sold at 5 bucks. good luck

to all

No luck involved. Just Math.

[WilderX]

Some whale please DUMB your MILLIONS of ETH so I can buy some.

[notbatman]

Been waiting a few days weeks for this block:

[AforAmethyst]

Some whale please DUMB your MILLIONS of ETH so I can buy some.

Join the queue!

Great news https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Microsoft and other businesses focusing their interest on Ethereum and Ethereum to morph into POS mode soon as part of a well structured plan.

[WilderX]

Been waiting a few days weeks for this block:

Sorry what? Solo mined block?