[ANN] Ethereum: Welcome to the Beginning

[chichidori]

there has been a huge drop in ethereum transactions. From 15-20k to 1-2k, whats the exact reason for such huge drop

The continues drop in price is the reason, many will decide to hold rather than sell at a cheap price, if ETH can go beyond 1k USD then and can do it again the  question is when?

[Japinat]

there has been a huge drop in ethereum transactions. From 15-20k to 1-2k, whats the exact reason for such huge drop

The continues drop in price is the reason, many will decide to hold rather than sell at a cheap price, if ETH can go beyond 1k USD then and can do it again the  question is when?

No one can tell but we are hopeful that we will end this year with a price more than our ATH last year.
Well, that is possible because once there is a big news we will see big money will come in and that would lead to FOMO.

[zahidmoon]

there has been a huge drop in ethereum transactions. From 15-20k to 1-2k, whats the exact reason for such huge drop

The continues drop in price is the reason, many will decide to hold rather than sell at a cheap price, if ETH can go beyond 1k USD then and can do it again the  question is when?

No one can tell but we are hopeful that we will end this year with a price more than our ATH last year.
Well, that is possible because once there is a big news we will see big money will come in and that would lead to FOMO.

yes we can only guess the eth price in the end of 2018
and most of the community members said that eth future is bright
its price will rise in the end of 2018
right now the regulation and restriction on crypto is the reason of fall eth coin.
positive news about regulation and sec will make eh price bounce back at ATH.
just hodl your eth coins and wait with patience

[SARVESH SHARMA]

[BLOG] Announcing World Trade Francs: The Official Ethereum Stablecoin #ethereum
https://blog.ethereum.org/2018/04/01/announcing-world-trade-francs-official-ethereum-stablecoin/

[Panadacoin]

ETH Asic Miner Released, Decentralized Mining in Jeopardy, Bitmain Likely Been Mining and Selling ETH for Months



https://twitter.com/BITMAINtech/status/981169456411021312?s=19

Ethereum is supposed to be ASIC resistant, or at least ASICs shouldn't be able to mine ETH better than normal hardware. Bitmain is putting an ETH ASIC miner out anyway.
https://coincodex.com/article/1473/bitmain-introduces-ethereum-asic-miner-how-will-the-ethereum-community-respond/

 I saw this also. It really makes me wonder what has been going on that we are unaware of. If they were mining with these for months it could very well be responsible for some of the huge value lost in that time. I hope that more info will be available soon about this.

[mandibleclaw]

Nah it lost value because everything lost value. When ETH will go PoS, Asic won't be a problem but they need to go PoS first . That ASIC then it will be used with other ethash algorithm currencies like ETC, EXP and UBQ

[zenmonk1]

This project is poised to take gaming industry to next level!

[yeyicheng888]

Ethereum needs to make some changes, otherwise it will really be surpassed by EOS.

[yurimir]

Vitalik Buterin speeched in Deconomy 2018 Korea.

https://www.youtube.com/watch?v=7WL9hr445uo

[Spaniarder]

Ethereum needs to make some changes, otherwise it will really be surpassed by EOS.

why EOS? They say Cardano is the major rival of both Ethereum and EOS. What do you think who will win the race?

[thevictimofuktyranny]

ETH Asic Miner Released, Decentralized Mining in Jeopardy, Bitmain Likely Been Mining and Selling ETH for Months



https://twitter.com/BITMAINtech/status/981169456411021312?s=19

Ethereum is supposed to be ASIC resistant, or at least ASICs shouldn't be able to mine ETH better than normal hardware. Bitmain is putting an ETH ASIC miner out anyway.
https://coincodex.com/article/1473/bitmain-introduces-ethereum-asic-miner-how-will-the-ethereum-community-respond/

 I saw this also. It really makes me wonder what has been going on that we are unaware of. If they were mining with these for months it could very well be responsible for some of the huge value lost in that time. I hope that more info will be available soon about this.

Well,

From what I understand the ASIC manufacturers have made huge orders for ASIC chips for Bitcoin mining (Sha).
Made a huge order for ASICs for Cryptonight mining.
And, made huge orders for ASICs for Ethereum mining.

This equates to a huge dump of Bitcoins/Cryptonight Coins/Dagger Coins by ASIC manufacturers to pay for these orders, which appears to have triggered a wider sell down of crypto-currencies.

Unlike Decred or Sia algorithms, where ASIC manufacturer had permission to produce this hardware prior to advertising the sale of this equipment, it appears this is a hostile or aggressive launch of mining hardware.

The Monero developer is forking their algorithm tomorrow to remove the Cryptonight ASICs. Sumokoin developers are following Monero soon.

It appears, that no prior permission has been sought for ASIC mining equipment to be launched from the Ethereum Foundation. Certainly, there has been no official announcement by Ethereum Foundation of the acceptance of ASIC mining equipment for the network. It has not been brought up on Youtube Livestream of Core Developers Meetings.

Therefore, it is very likely Ethereum will fork the algorithm to remove these ASICs from the Ethereum Network.

[sheenarif]

Your bank will not allow you to buy bitcoin & ethereum anymore
http://www.ecoti.in/woGXiY

Another news which will make crypto market down for few days 😊

[bgibso01]

ETH much more stable and it also only appear very reasonable whenever paired towards ERC-20 tokens.

[StacyKo]

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.

[YoungBoss18]

For now, I prefer Ethereum because many people prefer Ethereum and have blockchain applications and can invest in the long term, let alone Ethereum can transact quickly and have good potential in comparison with others

This cryptocurrency has a great potential. I am sure that the Ethereum will necessarily grow in price.

[Olivia Keyton]

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.

In any case, the Etherium should not go down. The future of the Etherium is still in front. I assume that the price for 1 ETH will cost up to $ 2000 until 2019.

[Killerpotleaf]

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.

Some companies have already launched their earlier versions of projects on the Etherium platform. At the moment, as a platform for projects Etherium is beyond competition. Perhaps NEO or Waves will catch up with him. But this takes time.

[thevictimofuktyranny]

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.

Some companies have already launched their earlier versions of projects on the Etherium platform. At the moment, as a platform for projects Etherium is beyond competition. Perhaps NEO or Waves will catch up with him. But this takes time.

Nobody is going to catch up with Ethereum - the network has the majority of programmers and coders either directly on the network via the Ethereum Foundation and related project partners or indirectly on the network through ICOs launched over the past few years.

That is to say: it simply has more programmers and coders than everyone else.

Currently, the Ethereum Foundation has to re-establish its authority and governance credentials in the crypto-currency marketplace by stamping out the unauthorized and hostile launch of ASIC mining hardware.

The one fact, all investors, and miners have known for the last 2-3 years is that the Ethereum Foundation is in charge!

Now that authority and governance is being openly challenged by ASIC manufacturers - who are more or less saying they are in charge of Ethereum through controlling the supply of mining hardware.

The Ethereum Foundation needs to re-prove its authority and governance, by pushing the ASICs manufacturer off the network and re-proving to investors and miners they are in charge.

What the ASIC manufacturers have planned to take control of Ethereum, is to sell ASICs to miners for payments in Ethereum, then the ASIC manufacturers will dump this Ethereum and produce faster ASICs. They will rinse and repeat this until the Ethereum Foundation surrenders its authority and governance to the ASIC manufacturers in return for an end to the ASIC manufacturers dumping of Ethereum into the exchanges.

I, personally, would prefer the ongoing authority and governance of Ethereum Foundation over the network, then the authority and governance of ASIC manufacturers.

[Hatuferu]

Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.

But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.

Some companies have already launched their earlier versions of projects on the Etherium platform. At the moment, as a platform for projects Etherium is beyond competition. Perhaps NEO or Waves will catch up with him. But this takes time.

Closer to the competition I guess is NEO, waves have their time but their tokens are not growing unlike what we with ETH tokens.
Eventually there will be more to come and the competition will get bigger but I would still bet on ETH to be on top.

[jtalk]

At least in next couple of year Ethereum has no competitor which can challenge it's supremacy over ERC-20 tokens. There will be lot of competitors in future but if they are underdevelopment Ethereum is also being upgraded with enhanced features. Scaling issue is one of the basic which will be resolved as well in future. Ethereum is like engine for whole ERC-20 tokens which moves with its blocks. This is enough to understand the importance and role of Ethereum in whole economy.