[ANN] Ethereum: Welcome to the Beginning

[tempus]

...
Edit: Since I didn't have the last few lines... No worries, I don't want your ETH. ;-)

For sure. those kind of subline fud I love the most.

You edited your post. First there only was one line, and then you added more said "But I tell you what: Forget it! You don't get a single coin from me!" - so I just let you know that I don't want your coins.

Btw, if you look into my post-history you can find out that my opinion about Ethereum never has changed. I believe it's a very innovative project  and that it has a lot of value. But as an Investor I always stayed back because in my opinion it's over-compex and I don't believe in complexity.

Quote from over a year ago in the Factom-thread:

(....) My impression about ETH is, that it's a hype. I don't mean that in negative way because it's a great idea with big potential, but it'll need some time and in my eyes and for now it's overpriced. They have a huge inflation and there may be a lot of risks on it's way because of it's technical complexity. But: It's very known. Everybody in the "Crypto-world" knows ETH and the volume is incredible. (...)

That's still my opinion and when you look at "there may be a lot of risks on it's way because of it's technical complexity" - turned out to be true, right?

Yea, I saw that. Deleted it before already. Sorry.

No sorry needed! I just wanted to make clear that opinion is not necessarily FUD/intention to write the price down.

I'm just watching it, since ETH is an interesting project. But it's not in my top-5-want-to-buy-projects.


To add that: My main investments are Factom and Lykke and both seem to believe in ETH:

Factom Will Use Both The Bitcoin and Ethereum Blockchain
http://www.newsbtc.com/2016/09/12/factom-will-use-bitcoin-ethereum-blockchain/

Lykke is Integrating Ethereum
https://lykke.com/city/blog/2016-09-30/lykke_integrates_ethereum

Lykke even gives a bounty (first price $1000) for good proposals:

Atomic crosschain swap transactions (Bitcoin-Ethereum)
https://streams.lykke.com/Project/ProjectDetails/b134b15b54e745559f26c217bef5a2f8

[lordoliver]

How can ETH not being worth an investment but other things relying on it. If ETH fails, the other projects will get a big punch down as well. They may recover somewhere else, but very unlikely...

[tempus]

How can ETH not being worth an investment but other things relying on it. If ETH fails, the other projects will get a big punch down as well. They may recover somewhere else, but very unlikely...

Factom can anchor in all Blockchains they want to. With Lykke it's the same. Bot projects are built on top of Bitcoin and use it as Number 1, but both are flexible/not dependent on a certain blockchain.

What you say is most likely true for all the smart-contract-projects, like Augur etc. That's a reason why I don't buy into any of these ETH-related ICO's.  

[lordoliver]

How can ETH not being worth an investment but other things relying on it. If ETH fails, the other projects will get a big punch down as well. They may recover somewhere else, but very unlikely...

Factom can anchor in all Blockchains they want to. With Lykke it's the same. Bot projects are built on top of Bitcoin and use it as Number 1, but both are flexible/not dependent on a certain blockchain.

What you say is most likely true for all the smart-contract-projects, like Augur etc. That's a reason why I don't buy into any of these ETH-related ICO's.  

As I said, it will get a punch down for sure. I don't like the idea to say that this will work out and that will not.
Crypto is a ecosystem that depends on each other. If a big players reputation goes down too much it will very likely also damage reputation of the whole crypto market. We saw so many coins come and go already. If no other coin than bitcoin can stay on top 10, the whole altcoin market will become nonserious at some point.
James is here right: The enemy is fiat, not each other...
But we also should work together on one thing at some point instead of creating more and more things that are the same anyway...

[tempus]

How can ETH not being worth an investment but other things relying on it. If ETH fails, the other projects will get a big punch down as well. They may recover somewhere else, but very unlikely...

Factom can anchor in all Blockchains they want to. With Lykke it's the same. Bot projects are built on top of Bitcoin and use it as Number 1, but both are flexible/not dependent on a certain blockchain.

What you say is most likely true for all the smart-contract-projects, like Augur etc. That's a reason why I don't buy into any of these ETH-related ICO's.  

As I said, it will get a punch down for sure. I don't like the idea to say that this will work out and that will not.
Crypto is a ecosystem that depends on each other. If a big players reputation goes down too much it will very likely also damage reputation of the whole crypto market. We saw so many coins come and go already. If no other coin than bitcoin can stay on top 10, the whole altcoin market will become nonserious at some point.
James is here right: The enemy is fiat, not each other...
But we also should work together on one thing at some point instead of creating more and more things that are the same anyway...

I absolutely agree that it's not about enemies and I wish ETH success. But I personally don't invest in it any time soon and I disagree that it would hurt my investments if ETH should fail. Factom and Lykke are not dependent on it. If it all goes well with ETH it's good, if not it's not a problem.

If there would be major problems with Bitcoin - that would could be a problem, even if both are technically flexible. 

[Brob12321]

ETH is encountering support now could be the bottom, millions of dollars can be made from what happens in these next few hours.  

[CoinCidental]

ETH is encountering support now could be the bottom, millions of dollars can be made from what happens in these next few hours.  

 I think eth will go back to $4-5 because the  daily supply is greater than demand until some serious use cause gets adopted

[estenity]

ETH is encountering support now could be the bottom, millions of dollars can be made from what happens in these next few hours.  

some whales playing there...
crypto aficionados should cooperate...

[AlcatelBravo]

ETH is encountering support now could be the bottom, millions of dollars can be made from what happens in these next few hours.  

 I think eth will go back to $4-5 because the  daily supply is greater than demand until some serious use cause gets adopted

Have you ever noticed the schedule with altcoins since all cards have been played ? It takes a lot now to keep a coin at a stable point and even with this new technology it just fades, why some may ask ? It's due to needing to ROI on Hardware or Electricity costs with Mining, after all it is a miners world as miners are needed for CryptoCurrency to survive wether it be by GPU or Powerful machines or just a PoS rate where everyone has to keep their wallet open to maintain the network and maintain the mining of the network with staking balanced coins on the network weight of coins by having their PC (Using CPU) to mint those staked balances.

PoS coins have the same problem with interest rates and even if the interest rate is low the age old question is, "What can it be used for ?"

Bitcoin doesn't have this problem as its growth was Organic, it took a fair few years to reel in the Big Capital Investors and Speculators, it has been shown that hardly any at that got into BTCitcoin when it was in its infancy held their coins above the $1 -$30 price range, some bought ridiculous amounts for the price of a nice family outing and are set for life, BTCitcoin was the first and has worked its way to where it is at now with adoptance, even BTCitcoin went over my head but we are all here now.

The most amazing thing about BTCitcoin is that it has a long running Dedicated Forum for the currency along with its own section for coders trying to better on the Bitcoin code base or build something new from scratch though the last few years has shown that every man and his dog with no experience pay people to create generic copies of coins with some minor changes to the specifications, the only thing needed is something to sell it, out of the 10 coingen/walletbuilders coins that get released per week maybe 1 or 2 is lucky enough to attract some real attention or even a Pump group to make that quick buck due to the fact that they can use the concept of the coin to hype it up (Like the good old 2013-2014 Days of Twitter Hyping seeing wolong and fyrstikken working their magic)

Zcash, Zclassic, Zdash all offer nothing other than what there already is, not even a Windows Qt yet from Zcash which introduced that whole concept, so the question again here is, "What can ETH offer ?" it has already had a divide of community and other clones of Etherium where made, ETH recently forked unintentionally, ETH Developer trying to keep the ETH Network "Clean"

The ETH developer Vitalik Buterin is probably a smart man for taking you all for a ride with his promises & new technology that doesn't even get used, is susceptible to attack and then becoming egotistical with his decisions to better his own personal situation, sound like some familiar People/Developers here on the Bitcointalk Forums ? Need I drop names like iGotSpots, John Connor, Evan Duffield and the rest, forking and changing what not whenever they want to their own advantage.

Enough of observations, price will just drop

[lordoliver]

I just wonder, why should anyone come into a thread and tell everyone, that the price drops or that he will not invest?
Sorry guys, but I can only find one reason...

[Sictalfia]

I just wonder, why should anyone come into a thread and tell everyone, that the price drops or that he will not invest?
Sorry guys, but I can only find one reason...

It is possible that they want others to sell the coins so that they can buy more. That happened early this year.

[mmo4me.2016]

Get coin with more infomation!
Thánks

[bitpop]

Very delusional in here while the forks stack up

[flekkelek]

I just wonder, why should anyone come into a thread and tell everyone, that the price drops or that he will not invest?
Sorry guys, but I can only find one reason...

It is possible that they want others to sell the coins so that they can buy more. That happened early this year.

It happens all the time. "I want to buy more ETH, so i start the trashtalk about it."

[bitpop]

I just wonder, why should anyone come into a thread and tell everyone, that the price drops or that he will not invest?
Sorry guys, but I can only find one reason...

It is possible that they want others to sell the coins so that they can buy more. That happened early this year.

It happens all the time. "I want to buy more ETH, so i start the trashtalk about it."

Yeah litecoin said that too

[danandanderson]

I guess now is the right time to step on the eth train for all that missed the first ,,ride,,.
In my opinion eth still is the future of cryto, nothing that is out there comes close to ethereum. It is unique in what it has to offer, probably  the biggest team  and smartest people in crypto are working on it 24/7 and on top of that they have enough founds available to keep going for years...
And regarding comments about Viatlik taking the money, scamming and shit like that.. i mean come on, just look at a guy and you can see money is not something he is very interested in. The people who met him can verify that. If he was in for the money he could allready be swimming somwhere in the bahamas right now. He is a tipycal ,,nerd,, and I dont mean it in a bad way! This is his passion and most likely his obsession!

[bitpop]

Vitalik is a criminal who dumps his premine on others and will go full ponzi with pos

[flekkelek]

I just wonder, why should anyone come into a thread and tell everyone, that the price drops or that he will not invest?
Sorry guys, but I can only find one reason...

It is possible that they want others to sell the coins so that they can buy more. That happened early this year.

It happens all the time. "I want to buy more ETH, so i start the trashtalk about it."

Yeah litecoin said that too

Litecoin's prime is just over. It was already struggling when doge came out. 

[becoin]

Where is pumpy?

[Somastarted]

why the price of etherum is always down everyday?
any problem?