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Myth888
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April 11, 2018, 10:55:50 AM |
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Fiat maybe the standard now but it really depends on everyone. If people refuse to accept fiat then fiat has no value. If people refuse to accept coins then coins have no value. But Fiat is not superior to coins. In fact fiat is no longer what it was. It used to be backed by gold reserves. Now it is not. Fiat is printed everyday at a rate controlled by a few people. They can increase or decrease printing as they see fit. What backs fiat the government? Let me ask if i demand my fiat to be converted into whatever is backing it can i get a portion of your government? A blockchain is the same. But remember when you have coins you have data on every node there is. If there are a million nodes then you own a portion of the data on that million nodes. Whereas your fiat you own a paper that says you have one dollar. Burn that paper and you have nothing.
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weishen77
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Activity: 168
Merit: 10
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April 11, 2018, 02:26:13 PM |
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V God is slightly tender, but the technology and the need for the old, ETH along with the plan, though the bumpy, but the period; BM free and easy, and with DAC Dali thinking, must be beware of the community voice overheating drown BM, cause BM to go; AB ideal, but not extreme, the idealist practice, as long as no empty talk, long time, 3 In the year and 5 years, your return is packed with a sack
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thevictimofuktyranny
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April 11, 2018, 03:00:09 PM |
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If eth is the apple of such large enterprises, can be changed, but also changes more and more difficult. If we do it again, it's "fork". This kind of bifurcation needs community consensus, otherwise it is waste paper.
The addition of smart contracts, into a network, guarantees a steady flow of soft and hard forks. This change of direction signifies a significant jump away from the previous generation of crypto-currencies. Turning to abandoned blockchains: for any group to pick up an abandoned blockchain of a big entity (like Ethereum), the group must own a significant quantity of Ethereum in order to finance the purchase of inevitable dump of coins for their smaller entity (new Eth? coin) using an abandoned blockchain. I, really, don't think there is any miner or group of miners who have several hundred thousand Ethereum coins to finance the launch of a new coin using an abandoned blockchain - it is just FUD by people to claim there is another group of miners who have a spare 100,000 to 300,0000 Eth for such an enterprise. |
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GraBitCoin
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April 11, 2018, 04:07:57 PM |
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If eth is the apple of such large enterprises, can be changed, but also changes more and more difficult. If we do it again, it's "fork". This kind of bifurcation needs community consensus, otherwise it is waste paper.
The addition of smart contracts, into a network, guarantees a steady flow of soft and hard forks. This change of direction signifies a significant jump away from the previous generation of crypto-currencies. Turning to abandoned blockchains: for any group to pick up an abandoned blockchain of a big entity (like Ethereum), the group must own a significant quantity of Ethereum in order to finance the purchase of inevitable dump of coins for their smaller entity (new Eth? coin) using an abandoned blockchain. I, really, don't think there is any miner or group of miners who have several hundred thousand Ethereum coins to finance the launch of a new coin using an abandoned blockchain - it is just FUD by people to claim there is another group of miners who have a spare 100,000 to 300,0000 Eth for such an enterprise. Human greed is great ... If it is economically feasible, then there may be people who will invest such funds in order to get more ... |
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thevictimofuktyranny
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April 11, 2018, 05:10:26 PM
Last edit: April 11, 2018, 06:21:09 PM by thevictimofuktyranny |
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If eth is the apple of such large enterprises, can be changed, but also changes more and more difficult. If we do it again, it's "fork". This kind of bifurcation needs community consensus, otherwise it is waste paper.
The addition of smart contracts, into a network, guarantees a steady flow of soft and hard forks. This change of direction signifies a significant jump away from the previous generation of crypto-currencies. Turning to abandoned blockchains: for any group to pick up an abandoned blockchain of a big entity (like Ethereum), the group must own a significant quantity of Ethereum in order to finance the purchase of inevitable dump of coins for their smaller entity (new Eth? coin) using an abandoned blockchain. I, really, don't think there is any miner or group of miners who have several hundred thousand Ethereum coins to finance the launch of a new coin using an abandoned blockchain - it is just FUD by people to claim there is another group of miners who have a spare 100,000 to 300,0000 Eth for such an enterprise. Human greed is great ... If it is economically feasible, then there may be people who will invest such funds in order to get more ... The people, who created ETC had 100,000s Eth and they were also major GPU miners. No miners are left on Ethereum Network who have 100,000s of Eth. So, this is just FUD - there is no-one involved with Ethereum mining with the Eth to finance picking up an abandoned blockchain as a new coin. |
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chacha4twenty
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April 11, 2018, 05:35:11 PM |
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ethereum price moving to green side and ethereum is rose almost 6% over a 24 hour period. i hope ethereum will constantly rise and hit 500$$. who thinks that it will hit 500$$ in near future.??  |
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mandibleclaw
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ONe Social Network.
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April 11, 2018, 05:53:14 PM |
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If eth is the apple of such large enterprises, can be changed, but also changes more and more difficult. If we do it again, it's "fork". This kind of bifurcation needs community consensus, otherwise it is waste paper.
The addition of smart contracts, into a network, guarantees a steady flow of soft and hard forks. This change of direction signifies a significant jump away from the previous generation of crypto-currencies. Turning to abandoned blockchains: for any group to pick up an abandoned blockchain of a big entity (like Ethereum), the group must own a significant quantity of Ethereum in order to finance the purchase of inevitable dump of coins for their smaller entity (new Eth? coin) using an abandoned blockchain. I, really, don't think there is any miner or group of miners who have several hundred thousand Ethereum coins to finance the launch of a new coin using an abandoned blockchain - it is just FUD by people to claim there is another group of miners who have a spare 100,000 to 300,0000 Eth for such an enterprise. Human greed is great ... If it is economically feasible, then there may be people who will invest such funds in order to get more ... The people, who created ETC had 100,000s Eth and they were also major GPU miners. No miners are left on Ethereum Network who have 100,000s of Eth. So, this is just FUD - there no-one involved with Ethereum mining with Eth to finance picking up an abandoned blockchain as a new coin. I think that major Ether holders right now are ICOs' wallets and exchanges' wallet so in my opinion you're right, there are no miners with such huge amount in their wallets |
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Scooby903
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April 11, 2018, 06:02:59 PM |
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So as per the article, ethereum chances of going into POS system will be very less
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mehar_gee
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April 11, 2018, 08:20:58 PM |
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ethereum price moving to green side and ethereum is rose almost 6% over a 24 hour period. i hope ethereum will constantly rise and hit 500$$. who thinks that it will hit 500$$ in near future.?? i think that eth will cross 1000$ again in this year and price of eth is already going up in USD and BTC eth can not stay that low forever its just a great chance to buy eth at current low price and hold until it cross 1000$ |
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zahidmoon
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April 11, 2018, 08:58:16 PM |
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If eth is the apple of such large enterprises, can be changed, but also changes more and more difficult. If we do it again, it's "fork". This kind of bifurcation needs community consensus, otherwise it is waste paper.
The addition of smart contracts, into a network, guarantees a steady flow of soft and hard forks. This change of direction signifies a significant jump away from the previous generation of crypto-currencies. Turning to abandoned blockchains: for any group to pick up an abandoned blockchain of a big entity (like Ethereum), the group must own a significant quantity of Ethereum in order to finance the purchase of inevitable dump of coins for their smaller entity (new Eth? coin) using an abandoned blockchain. I, really, don't think there is any miner or group of miners who have several hundred thousand Ethereum coins to finance the launch of a new coin using an abandoned blockchain - it is just FUD by people to claim there is another group of miners who have a spare 100,000 to 300,0000 Eth for such an enterprise. Human greed is great ... If it is economically feasible, then there may be people who will invest such funds in order to get more ... The people, who created ETC had 100,000s Eth and they were also major GPU miners. No miners are left on Ethereum Network who have 100,000s of Eth. So, this is just FUD - there is no-one involved with Ethereum mining with the Eth to finance picking up an abandoned blockchain as a new coin. maybe miner move their funds to another wallets due to regulation and Tex charges. and right now mining eth is so complicated because of difficulty increases and price drops but i think miners could get the more profit by hold their mining eth reward and wait for eth price rise many people are saying that eth will starting go up and in the end of this year we may see a new all time high price |
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vsyc
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April 11, 2018, 10:40:13 PM |
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You can't set up a fork unless you have a large amount of Monero coins already - it is just FUD!
Basic crypto-economics - you cannot finance the abandoned blockchain via selling off the bigger entity to buy dumped coins in the smaller entity.
Also, Mrpumperitis you accidentally included a proof, which justifies an immediate fork to introduce anti-ASIC measures onto the Ethereum Network's algorithm.
ASICs arrive in July 2018, an early fork in April or May 2018 eliminates the possibility of people using the abandoned blockchain to make a new coin, because waiting for 2/3 months for your ASICs to arrive would be an extremely expensive way to salvage a speculative ASIC equipment purchase.
And, you need to listen to one of the Core Developers meetings, Ethereum Network is doing soft forks and hard forks on a regular basis.
I dont see etc, BCH or many of the other coins forked recently (some with $bill caps) being fud...they are real. Basic crypto-economics . They serve a community and a purpose.... There were asic miners,fpga miners and gpu miners on xmr afiak....3 dif groups of miners, now 1 is excluded. yes so what if they need a large amount already, thats why they enjoy a fork to get even more for free. Back to eth, Firstly i wouldn't advise anyone to buy asics for a coin that has had a pos switch planned from near day1 and we are very close to getting to that part of the roadmap this year. Another thing if eth forks to rid off asics, the new changes could also have asics in the future, but they wont say or sell them to the public. If people want to use the old chain ,they can, its happened before, it could happen again. ETH roadmap continues. XRP never forks! You have to remember us! |
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thevictimofuktyranny
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Merit: 1004
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April 12, 2018, 01:24:34 AM
Last edit: April 12, 2018, 02:34:08 AM by thevictimofuktyranny |
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If eth is the apple of such large enterprises, can be changed, but also changes more and more difficult. If we do it again, it's "fork". This kind of bifurcation needs community consensus, otherwise it is waste paper.
The addition of smart contracts, into a network, guarantees a steady flow of soft and hard forks. This change of direction signifies a significant jump away from the previous generation of crypto-currencies. Turning to abandoned blockchains: for any group to pick up an abandoned blockchain of a big entity (like Ethereum), the group must own a significant quantity of Ethereum in order to finance the purchase of inevitable dump of coins for their smaller entity (new Eth? coin) using an abandoned blockchain. I, really, don't think there is any miner or group of miners who have several hundred thousand Ethereum coins to finance the launch of a new coin using an abandoned blockchain - it is just FUD by people to claim there is another group of miners who have a spare 100,000 to 300,0000 Eth for such an enterprise. Human greed is great ... If it is economically feasible, then there may be people who will invest such funds in order to get more ... The people, who created ETC had 100,000s Eth and they were also major GPU miners. No miners are left on Ethereum Network who have 100,000s of Eth. So, this is just FUD - there no-one involved with Ethereum mining with Eth to finance picking up an abandoned blockchain as a new coin. I think that major Ether holders right now are ICOs' wallets and exchanges' wallet so in my opinion you're right, there are no miners with such huge amount in their wallets On this ANN, I did forecast that ETC would drop out of the Top 10 crypto-currencies back in 2016 and those guys should have accepted the hard fork, instead of picking up an abandoned blockchain. When ETC launched it, was around 7.6% of Ethereum' value. ETC peaked at around 24% of Ethereum' value. After the dust settled done, it was around 10% of Ethereum' value Today, ETC is worth 3.5% of Ethereum' value. And, those guys had 100,000s of Eth in their wallets, they even said they had 1,000s of Bitcoins in their wallets. Picking up an abandoned blockchain turns out to be very expensive to do and can reduce a significant proportion of one's long-term asset appreciation potential when compared to accepting soft and hard forks the Core Developers decide to do. |
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lidonglan1012
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April 12, 2018, 05:42:20 AM |
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The price of Ethereum has been quite steady in recent week. I basically confirm that 400$is near the bottom area.
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chacha4twenty
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April 12, 2018, 08:57:13 AM |
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ethereum price moving to green side and ethereum is rose almost 6% over a 24 hour period. i hope ethereum will constantly rise and hit 500$$. who thinks that it will hit 500$$ in near future.?? i think that eth will cross 1000$ again in this year and price of eth is already going up in USD and BTC eth can not stay that low forever its just a great chance to buy eth at current low price and hold until it cross 1000$ well you are talking about $1000 ? i think it will be cross the limits like last year on december all time high ethereum hitted $1,417.38. history will repeat, right now ethereum rising constantly and trading at the price of $422 on Binance. |
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Xantrax
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April 12, 2018, 12:29:59 PM |
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Any technical analysis available for ethereum for next few months?
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thevictimofuktyranny
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April 12, 2018, 01:41:58 PM |
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Ethereum Geth - allows pruning on initial sync only - after this it is full blockchain. Parity - allows constant pruning - keeps the last 64 states. EthereumJ (Java) - allows pruning. Eth (C++) - no pruning. PyEthApp (Python) - no pruning. Obviously, use the system that suits the limitations of your hardware and use case scenario. |
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DStefanov
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April 12, 2018, 02:23:46 PM |
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Ethereum Geth - allows pruning on initial sync only - after this it is full blockchain. Parity - allows constant pruning - keeps the last 64 states. EthereumJ (Java) - allows pruning. Eth (C++) - no pruning. PyEthApp (Python) - no pruning. Obviously, use the system that suits the limitations of your hardware and use case scenario. With the available hardware I do not think I can have any limitations! Did not I understand what you wrote about how to solve my sync problem? If it can in a more comprehensible language! Thanks. |
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thevictimofuktyranny
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April 12, 2018, 02:51:05 PM |
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Ethereum Geth - allows pruning on initial sync only - after this it is full blockchain. Parity - allows constant pruning - keeps the last 64 states. EthereumJ (Java) - allows pruning. Eth (C++) - no pruning. PyEthApp (Python) - no pruning. Obviously, use the system that suits the limitations of your hardware and use case scenario. With the available hardware I do not think I can have any limitations! Did not I understand what you wrote about how to solve my sync problem? If it can in a more comprehensible language! Thanks. Try, posting your question on a more technical forum - nobody knows here knows why you're having a problem. Other than, you apparently need to use the full blockchain. https://ethereum.stackexchange.com/ |
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DStefanov
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April 12, 2018, 03:52:37 PM |
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OK! Thanks  |
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