[ANN] Ethereum: Welcome to the Beginning

[Technor]

The price of Ethereum should be stable. It is still worth looking forward to breaking through 1500 US dollars in 2018. We should have firm confidence in the development of ETH system.

I hope it will be stable but is think it need some years

[Vegan97]

What if ETH goes POS, will miners switch to ETC? That would push up the price of ETC.

[tomkat]

What if ETH goes POS, will miners switch to ETC? That would push up the price of ETC.

It will probably be mixed PoW/PoS at the beginning and then PoW phased out over time, but if ETH will hardfrok to PoS-only then it's likely another ETH-PoW coin will emerge.
ETH miners will switch to other Ethash-based coins (including the newly forked coin). So, it should increase ETC hashrate over longer period, but not sure about the price.

[Majormax]

The ghost of Mt.Gox continues to terrorize the inhabitants of the crypto-currency world. I hope prudence will prevail and the market will not go to the floor.

LOL, I just want this ongoing crypto dump cycle to stop. Feels sick to look at a portfolio value these days.

You spoke my own mind. Quite literally, there's a "sick" feeling. I've never had this amount of value in my life before, so this is the first time I've watched so much value just disapear!

Try to think more long term. This is simply a Crypto 'Bear Market'.  It would be unusual for it to last less than a year. There is still a risk of substantial declines from here (more than 50% down), but in 2 years the whole picture will be different.

If you are a long term holder, try not to look at the prices, find another distraction. If you want to trade, worry is the price you pay.

[arfat55]

The ghost of Mt.Gox continues to terrorize the inhabitants of the crypto-currency world. I hope prudence will prevail and the market will not go to the floor.

LOL, I just want this ongoing crypto dump cycle to stop. Feels sick to look at a portfolio value these days.

You spoke my own mind. Quite literally, there's a "sick" feeling. I've never had this amount of value in my life before, so this is the first time I've watched so much value just disapear!

Try to think more long term. This is simply a Crypto 'Bear Market'.  It would be unusual for it to last less than a year. There is still a risk of substantial declines from here (more than 50% down), but in 2 years the whole picture will be different.

If you are a long term holder, try not to look at the prices, find another distraction. If you want to trade, worry is the price you pay.

I look it is best but need more exchange i think it is go to top

[kobo_eth]

This mt. gox idiot only cares about one thing. He alone is destroying everything.

It's not one 'idiot' and I doubt he is an idiot considering the amount of coin he has. Do you?

I would restrain from giving definitions to people who have risked a lot (obviously for this guy), then lost a lot and now trying to get some winnings.
For sure the guy is much smarter to exit while having something to exit, instead of just spending time on forums (like us) and uselessly posting "to the moon, this year, next year" etc etc etc

The sad truth is that the market is collapsing hard, so everyone needs to find a solution for himself/herself. Even the sadder truth is that crypto market is now so small, so tiny that only one guy like this mt. gox one can manipulate the entire market.

[dre2ooo]

Will ETH go POS soon?

Relax, there is Fait currency run on Bitcoin, started by that MT.GOX person. The Bitcoin loyalists are selling off their holdings in other altcoins to buy up those Bitcoins.

Ethereum is the most valuable altcoin and it can be exchanged for Fait, which can then be used to buy up Bitcoins.

So, there will be some price lows, until the Bitcoin loyalists have little Ethereum coins left to sell.

Then, you see steep rebounds in Ethereum prices.

But, this looks like the end "all boats" theory. A theory that needed to die anyway.

This is true, but the ETH selloff has been due to the SEC in the USA issuing strong words about ICO regulation.  Since many ICOs are made possible by Ethereum, people are getting out.  ETH is just an alt, like any alt it is measured against BTC.  GENERALLY, When BTC goes down, alts dump... When BTC shoots up, alts dump (in BTC terms).  ETH is no exception.  So, couple the ICO regulation and BTC falling and it's a double-pronged attack against ETH.  

Look at the long term ETH charts.... It's still kind of highly historically.  $150 seems like a good spot to accumulate ETH again when it gets there.  Will ETH be up to $2k one day?  Maybe, but then BTC would likely be over $30k too.  

That is incorrect!

The SEC ruling is good for Ethereum because the new ICOs have to sell a large amount of the Ethereum they raise to pay for the projects they promised their investors.

Less, ICOs on Ethereum Network means fewer outflows of Fait currency from the Ethereum Network as a whole.

Investors have been complaining about the amount of ICOs on Ethereum Network for nearly 2 years - you need to go back and read this ANN from 2016.

Finally, no miner is going to sell you an Ethereum coin $150. LOL

Good points.  I am mining ETH myself so I hope you're right.  I'm just pointing out the fact that .1BTC or even .07BTC is historically high for ETH.  Be prepared for ETH to possibly revisit lows in the .025-.03BTC range until the market sorts itself out.   If BTC revists support levels of $6,000 and ETH is at .025BTC, well then ETH = $150.  I can't stay in business myself at that level, BUT it would be a huge buying opportunity.

Also, I mine ETH and sell it t current market value to pay my bills.  The market value is NOT set by the miners, but rather by supply and demand.  If miners/manufacturers in any market set the price, what would physical gold and silver actually be selling for today?  How about oil? 

[wgq1981]

The June EOS main line, looking forward to the main line are divided into two kinds of mentality, a price is off, one is Dapp off. Then ETH how to deal with it?

[GröBkAz]

I really hope that the Ethereum does not replicate the same errors all the same as a bitcoin, it really is much more versatile in this issue.

[TeraBite]

I really hope that the Ethereum does not replicate the same errors all the same as a bitcoin, it really is much more versatile in this issue.

Would you like to explain about the error in Bitcoin I'm unable to understand about you point. Ethereum has its own problems and issues which will continue even price is increasing but this is reality of the life.

[thevictimofuktyranny]

Will ETH go POS soon?

Relax, there is Fait currency run on Bitcoin, started by that MT.GOX person. The Bitcoin loyalists are selling off their holdings in other altcoins to buy up those Bitcoins.

Ethereum is the most valuable altcoin and it can be exchanged for Fait, which can then be used to buy up Bitcoins.

So, there will be some price lows, until the Bitcoin loyalists have little Ethereum coins left to sell.

Then, you see steep rebounds in Ethereum prices.

But, this looks like the end "all boats" theory. A theory that needed to die anyway.

This is true, but the ETH selloff has been due to the SEC in the USA issuing strong words about ICO regulation.  Since many ICOs are made possible by Ethereum, people are getting out.  ETH is just an alt, like any alt it is measured against BTC.  GENERALLY, When BTC goes down, alts dump... When BTC shoots up, alts dump (in BTC terms).  ETH is no exception.  So, couple the ICO regulation and BTC falling and it's a double-pronged attack against ETH.  

Look at the long term ETH charts.... It's still kind of highly historically.  $150 seems like a good spot to accumulate ETH again when it gets there.  Will ETH be up to $2k one day?  Maybe, but then BTC would likely be over $30k too.  

That is incorrect!

The SEC ruling is good for Ethereum because the new ICOs have to sell a large amount of the Ethereum they raise to pay for the projects they promised their investors.

Less, ICOs on Ethereum Network means fewer outflows of Fait currency from the Ethereum Network as a whole.

Investors have been complaining about the amount of ICOs on Ethereum Network for nearly 2 years - you need to go back and read this ANN from 2016.

Finally, no miner is going to sell you an Ethereum coin $150. LOL

Good points.  I am mining ETH myself so I hope you're right.  I'm just pointing out the fact that .1BTC or even .07BTC is historically high for ETH.  Be prepared for ETH to possibly revisit lows in the .025-.03BTC range until the market sorts itself out.   If BTC revists support levels of $6,000 and ETH is at .025BTC, well then ETH = $150.  I can't stay in business myself at that level, BUT it would be a huge buying opportunity.

Also, I mine ETH and sell it t current market value to pay my bills.  The market value is NOT set by the miners, but rather by supply and demand.  If miners/manufacturers in any market set the price, what would physical gold and silver actually be selling for today?  How about oil?  

Many people mine Ethereum to support the project and as a long-term investment.

When the price falls the business orientated miner ceases trading (this has happened to pools and actual mining businesses in the past), which allows POW coins to consolidated amongst supporters.

This acts as a break in price depreciation and consequently, the supply of POW Ethereum disappears from the exchanges.

Turning, to the macro-economics theory used for Fait Currencies, this contaminated by governmental lack of self-control and the desire of ruling elites to kick their own problems down the road or their disinterest in doing anything except what they want to do. Therefore, little in that sphere has any substance or weight in discussions about free markets. Because there is little freedom or liberty as far as nearly all governments and ruling elites are concerned.

[tienao24h]

What is ethereum?
https://tienao24h.com/ethereum-la-gi/

[revelacaogr]

worth read

Don’t Trust an ICO That Launches on Ethereum

https://medium.com/devslopes-blog/dont-trust-an-ico-that-launches-on-ethereum-cbc8f285dd4c

[mehar_gee]

worth read

Don’t Trust an ICO That Launches on Ethereum

https://medium.com/devslopes-blog/dont-trust-an-ico-that-launches-on-ethereum-cbc8f285dd4c

good artical about ICOs but you can not says that the every ICO is not trust-able that launches on ethereum network
many ICOs have done successful and bring good achievements by the time passage
but i am not saying that every ICO is trust-able. most of the icos are scams. even project that are not on eth network are scams and their dev left their project and ran away with the money. so when you invest the first you need search and investigate the project. and then invest

[zahidmoon]

worth read

Don’t Trust an ICO That Launches on Ethereum

https://medium.com/devslopes-blog/dont-trust-an-ico-that-launches-on-ethereum-cbc8f285dd4c

thanks for sharing this good artical
but some things in this artical is not true
if eth network not suitable for the ICOs and that ICOs are not trustable then why new project chose eth network for their ICOs and why people are investing in them.
only time will tell us.
maybe eth network dev team launches some new update on eth network that will fulfilled the requirements of future ICOs
still eth is most popular network for running an ICO.

[Osech1]

worth read

Don’t Trust an ICO That Launches on Ethereum

https://medium.com/devslopes-blog/dont-trust-an-ico-that-launches-on-ethereum-cbc8f285dd4c

good article, but not everything is written right
some ICO use ERC20 only for first step, they will make their own blockchain

[wangmidi]

The market began to repair the rise, ETH also rebounded with a wavelet, strength is not very big, temporarily see no sign of reversal, continue to observe.

[ThachSanhTp]

Why Ethereum still not upgrade to POS. We have been waiting for so long time

[KylesmomisaB]

Why Ethereum still not upgrade to POS. We have been waiting for so long time

Because making changes that are as huge as switching your algo takes much time. You couldn't honestly expect an overnight change and you would be surprised by the time they have already spent and the time it will still take to roll out. I would say give it until Q3-Q4 for the roll out, but even then don't hold your breathe.

[crypt0baws]

Sorry if this has already been answered, but could someone please explain to me why the Ethereum Foundation didn't consider this a threat (at least according to this researcher)?

https://ret2got.wordpress.com/2018/01/19/how-your-ethereum-can-be-stolen-using-dns-rebinding/

Anyone?