[ANN] Ethereum: Welcome to the Beginning

[wangmidi]

Just bought ETH, it fell, so I bought. I still believe ETH will move like BTC. Now, on our country, you can change ETH directly to our local money. Before you can only exchange BTC to our local money. But now, you can. So, I believe that these central banks are now allowing ETH to be one of the most trusted coins on crypto. That's what I think.

Are you kidding? It's perfectly legal to convert direct ETH into legal tender? Which country are you from? I have not heard of such a thing.

[becoin]

Are you kidding?

Yep, that's the quality of the entire mETH user base. They buy it because someday it might be like bitcoin.

[Zontop]

This is start of mass adoption of cryptocurrencies as everyday more and more banks are showing interest or intention to start testing blockchain based payments settlements and Ethereum is their first choice. All these positive news together will provide enough fuel to Ethereum to ride easily to upwards once we come out of the present situation.

[IncludeBeer]

Just bought ETH, it fell, so I bought. I still believe ETH will move like BTC. Now, on our country, you can change ETH directly to our local money. Before you can only exchange BTC to our local money. But now, you can. So, I believe that these central banks are now allowing ETH to be one of the most trusted coins on crypto. That's what I think.

Are you kidding? It's perfectly legal to convert direct ETH into legal tender? Which country are you from? I have not heard of such a thing.

This is possible through Coinbase already, at least with USD.

[hidhowu12]

nice post

[cvdesty]

If any of you are wondering why Eth dropped so much in such a short time, you need to consider what is going on with Bitcoin. Bitcoin is drawing closer and closer to 6k. If BTC falls below 6k, it could spell disaster for the crypto market as a whole. Keep in mind that when Bitcoin goes down, it takes everything else in this market with it. Having said that, expect that there will be people who are going to get out while they can still be profitable or at the very least break even before a massive panic sell takes place and thrusts us into a much deeper bear market. We better hope BTC doesn't fall below 6k, we better hope things turn around soon!

[zahidmoon]

If any of you are wondering why Eth dropped so much in such a short time, you need to consider what is going on with Bitcoin. Bitcoin is drawing closer and closer to 6k. If BTC falls below 6k, it could spell disaster for the crypto market as a whole. Keep in mind that when Bitcoin goes down, it takes everything else in this market with it. Having said that, expect that there will be people who are going to get out while they can still be profitable or at the very least break even before a massive panic sell takes place and thrusts us into a much deeper bear market. We better hope BTC doesn't fall below 6k, we better hope things turn around soon!

eth is still doing great and this is not happening with eth coin
all the market is going down
total crypto market cap is at around 300 Billion $
market is currently in bear state
only people with weak hands are now complaining and shouting that what is happening why market is down bla bla bla

[cvdesty]

eth is still doing great and this is not happening with eth coin
all the market is going down
total crypto market cap is at around 300 Billion $
market is currently in bear state
only people with weak hands are now complaining and shouting that what is happening why market is down bla bla bla

Saying Eth is doing great is not the same as saying everyone who has invested money into it is in profit. You need to be more realistic.

And just because people are concerned about the state of the market it doesn't mean they have weak hands. This "weak hands" cliche needs to go away. It's like calling someone a fudder because you don't like what they have to say about your investment. It's useless and illogical.

[btcrich2020]

eth is still doing great and this is not happening with eth coin
all the market is going down
total crypto market cap is at around 300 Billion $
market is currently in bear state
only people with weak hands are now complaining and shouting that what is happening why market is down bla bla bla

Saying Eth is doing great is not the same as saying everyone who has invested money into it is in profit. You need to be more realistic.

And just because people are concerned about the state of the market it doesn't mean they have weak hands. This "weak hands" cliche needs to go away. It's like calling someone a fudder because you don't like what they have to say about your investment. It's useless and illogical.

Yes, people should understand the way how community is treating about the ETH because we don't have exact guess how long this gone take to increase ETH price. Surely once the market starts recovering we can able to see big price pump in the market.

[yidudian10]

assuming the btc and eth price stay tightly coupled is gonna lead you to trouble. Both have large communities, large volumes, and most important: direct avenues to fiat. Trying to estimate prices based on a comparison is bad idea.

[cvdesty]

assuming the btc and eth price stay tightly coupled is gonna lead you to trouble. Both have large communities, large volumes, and most important: direct avenues to fiat. Trying to estimate prices based on a comparison is bad idea.

It's not likely there will be a flippening, if that is what you are implying.

[Robin,Hood]

Dogecoin any day now overtakes on the hashrate. Hashrate is network security for POW coins. Improved hash is improved security.
As mining equipment is expensive more hashpower also means miners focusing resources at it.

[Majormax]

assuming the btc and eth price stay tightly coupled is gonna lead you to trouble. Both have large communities, large volumes, and most important: direct avenues to fiat. Trying to estimate prices based on a comparison is bad idea.

It's not likely there will be a flippening, if that is what you are implying.

The flippening is between EOS and ETH.

[suchmoon]

Dogecoin any day now overtakes on the hashrate. Hashrate is network security for POW coins. Improved hash is improved security.
As mining equipment is expensive more hashpower also means miners focusing resources at it.

You're comparing apples and cucumbers here. Different algos, different hardware, DOGE is merge-mined with LTC so of course it has a lot of hashrate... doesn't mean anything WRT Ethereum.

[stephen.dedalus]

any guessing that how much more can it go down? under 500? is it a good time to buy and sell on the next pump?

[mt55]

eth is still doing great and this is not happening with eth coin
all the market is going down
total crypto market cap is at around 300 Billion $
market is currently in bear state
only people with weak hands are now complaining and shouting that what is happening why market is down bla bla bla

Saying Eth is doing great is not the same as saying everyone who has invested money into it is in profit. You need to be more realistic.

And just because people are concerned about the state of the market it doesn't mean they have weak hands. This "weak hands" cliche needs to go away. It's like calling someone a fudder because you don't like what they have to say about your investment. It's useless and illogical.

Always good to every now and then read a comment from someone with a realistic and calm point of view!

[mandibleclaw]

assuming the btc and eth price stay tightly coupled is gonna lead you to trouble. Both have large communities, large volumes, and most important: direct avenues to fiat. Trying to estimate prices based on a comparison is bad idea.

It's not likely there will be a flippening, if that is what you are implying.

The flippening is between EOS and ETH.

EOS , which can't even release the main net because it's bugged? http://telegra.ph/Potential-EOS-Mainnet-Launch-Delay-Internet-Security-Giant-Identifies-High-Risk-Security-Vulnerabilities-05-29-2, maybe they solved it in the meantime but can you trust a semi-centralized chain prone to bugs?

[SixFigures]

Vitalik refused to participate in the Consensus conference. I wonder how this will affect the market. Everybody is waiting for a pampus after the Consensus.

It won't affect the market at all, why would it? If it really had an effect it would show how premature crypto still is.

now public refusal:

https://cointelegraph.com/news/ethereum-stakeholders-meet-to-discuss-governance-without-vitalik-buterins-involvement

is there any reason for present markets' plunge ?

For how long have you been around in crypto? You call that market plunge? Check the history of Bitcoin and you will see what a market plunge can look like.

I think 40-60% drop in the crypto is just a blip. Not to be afraid of.

Agree, looking back a year we are very good in terms of value on all top 20 crypto.

That counts for those who have been in crypto for a longer time now, but those who got in December and January must feel awful now.

[mehar_gee]

Vitalik refused to participate in the Consensus conference. I wonder how this will affect the market. Everybody is waiting for a pampus after the Consensus.

It won't affect the market at all, why would it? If it really had an effect it would show how premature crypto still is.

now public refusal:

https://cointelegraph.com/news/ethereum-stakeholders-meet-to-discuss-governance-without-vitalik-buterins-involvement

is there any reason for present markets' plunge ?

For how long have you been around in crypto? You call that market plunge? Check the history of Bitcoin and you will see what a market plunge can look like.

I think 40-60% drop in the crypto is just a blip. Not to be afraid of.

Agree, looking back a year we are very good in terms of value on all top 20 crypto.

That counts for those who have been in crypto for a longer time now, but those who got in December and January must feel awful now.

really who git in the crypto and invest in degitals currencies like eth and bitcoin definetly they are regretting right now
and from them who is still holding bitcoins and ethereum coins are more then 50% in loss
but if they are searching about crypto and plans to hold bitcoins and ethereum coins for the end of next year that is good for them
because now the crypto prices are i think full at bottom prices soon bearish trend will be over and bull run starts

[sumair7231]

you can now mine Ethereum With CPU, GPU or even With Browser Miner

https://bitcointalk.org/index.php?topic=4354585