[ANN] Ethereum: Welcome to the Beginning

[big_daddy]

Allowing ASICs to exist was the first big mistake.
Monero team gained a huge trust bonus when they cut out the ASICs.

I don't know how many ETH users are mainers, but for sure every ETH miner is
a potential ETH user and HODLer/trader.

people
please

understand once that daggerhashimoto ASIC does not exist
if you are assuming that the bitmains product, the ANTMINER E3, is an ASIC machine you are wrong
there is no asic borad inside, is made combining similar GPU boards like INNO3D-P106-090
Cause, this machine does not give you more than 190 Mh/s, so likely a regular DIY rig
ASICS normally gives you more than 10 times more hashing power on the same algo compared to the GPU hashing speed

ETH & its DAG file and all daggerhashimoto coins, until now, are completely ASIC resistant

[1713555068]

1713555068

[dishku]

It is interesting to see fight between ETH and XRP to keep them on 2nd spot but ETH is looking more strong cryptocurrency for this position. ETH has good use case and more secure network with a lot of dapps who using this platform. I think in coming days it will surge and difference will become more big.

[mimagneto]

It is interesting to see fight between ETH and XRP to keep them on 2nd spot but ETH is looking more strong cryptocurrency for this position. ETH has good use case and more secure network with a lot of dapps who using this platform. I think in coming days it will surge and difference will become more big.

I absolutely agree as well bro.  Ethereum compared to Ripple is a no contest IMHO.  The amount of value and technology that Ethereum can provide over Ripple isn't quantifiable.  This isn't to say that Ripple isn't a great project and has progressed nicely, it has its uses of course.  But Ethereum is on a whole different level than say Ripple.  As the years go on, IMHO, Ethereum will continue to dominate the market capitalization and ability to develop new projects and new abilities/technologies.

mimagneto

[ZeroCrypto]

Anyway, I continue to believe in Ether, despite the fact that he fell heavily.
It seems to me that such a strong project should recover.

The price is beyond our control, but the technology is the control of the team, they can improve and develop it.
We have a good price last year but we fell this year, but that does not mean we have no chance to recover, we have to think positive all the time.

The price fell because of the market, no one can control that. Markets move in cycles and a new bull market will come soon.  The low price is an opportunity to buy Ethereum cheap. If one is a long term investor, day to day prices will not matter much.

[dr.cheema]

XRP is gonna surpass ETH for good it seems.

It might be have more market cap than ETH occasionally. But in the long term, ETH will be higher.

No one knows what will be in the long term. Most likely in the long term ETH will fall even lower. Who could have imagined that Ripple would overtake the ETH and would cost half a dollar.

Talking about crypto is very difficult to predict,
but if I think that in the long run ethereum will rise,
the most important thing is we keep following the developments so that they are clearer

You are right but sometime in bit crypto fall panic investors sell at low price, weak hands can't HODL for long time.
I think patience is key of success in crypto world, otherwise we should follow the development of project as you said!  

I do not know about you, but I still expect interesting updates in the near future. Selling at this price is nonsense and inshane move.
When eth moving even partially to POS, profits will be very good. In addition, almost all scam projects have sold their eth, and new scum projects are not collect. So soon the price let's go up.

Yeah i am expecting too, price of ethereum will be rise anytime. Invested on big projects and ethereum.
I know that it's not a good time to sell at cheap price but best time to buy. Price will go higher like last year.  

[alevlaslo]

the ether reached the bottom, then only growth, but bitcoin will decline

[IncludeBeer]

Anyway, I continue to believe in Ether, despite the fact that he fell heavily.
It seems to me that such a strong project should recover.

The price is beyond our control, but the technology is the control of the team, they can improve and develop it.
We have a good price last year but we fell this year, but that does not mean we have no chance to recover, we have to think positive all the time.

This is not true. You cannot think positive, this is not a girlfriend problem.
The technology will also not solve this. Project existing depends on tech,
but project (and price) success depends on trust people have in it.
When people start trusting it again, they will start investing and HODLing.
Which will naturaly drive the price high.

To achieve that, the ETH team should be more open and listen to the public
(but not too much). So far they only speak, without listening.
Allowing ASICs to exist was the first big mistake.
Monero team gained a huge trust bonus when they cut out the ASICs.

I don't know how many ETH users are mainers, but for sure every ETH miner is
a potential ETH user and HODLer/trader.

It's cute you think those "asics" are truly hardware based. They're not, btw. They're basically the same GPUs everyone else has, but with the extra shit not needed for mining turned off. Note these "asics" don't have an order of magnitude advantage over gpu rigs?  

Ethash algo is still effectively asic resistant.

[alevlaslo]

why switch to PoS only, so the ETH will lose benefits before EOS,  hybrid mode better it should be like Novacoin - both PoS and PoW 

[mimagneto]

why switch to PoS only, so the ETH will lose benefits before EOS,  hybrid mode better it should be like Novacoin - both PoS and PoW 

I don't think that ETH with be only POS, I think it's meant that POW continues, but POS is implemented to help secure that ETH is used as GAS rather than tokens themselves.

mimagneto

[mimagneto]

the ether reached the bottom, then only growth, but bitcoin will decline

To be honest, I don't get your ideas by sketching lines in these attached images.
Are they come from linear regression models?
What does it mean for each case, ETH and BTC?

These were posted in response to my post which stated that ETH has mimicked BTC's rise and movements. 

mimagneto

[onebtcforlife]

Anyway, I continue to believe in Ether, despite the fact that he fell heavily.
It seems to me that such a strong project should recover.

The price is beyond our control, but the technology is the control of the team, they can improve and develop it.
We have a good price last year but we fell this year, but that does not mean we have no chance to recover, we have to think positive all the time.

Yes, Once the price is kept falling it does not mean that the price will not increase in the market. People who don't have faith in ETH have sold their coins in the market. But you can see there are many developments happening in the ETH blockchain and we have to keep hope in this project.

[Hulk1997]

Bitcoin was revolution that changed the world, these guys are just hopping on the train and taking advantage of the Bitcoin community while crypto coins are still hot.  It's obvious you are a tech nerd and like the work these guys are doing, but if they can't get money from a bank or venture capitalist, and need to beg to Bitcoin community to fund their project, while having no initial investment of their own, that sends warnings bells through my head.  You have a right to your opinion, if you like then so much.

[mehar_gee]

Anyway, I continue to believe in Ether, despite the fact that he fell heavily.
It seems to me that such a strong project should recover.

The price is beyond our control, but the technology is the control of the team, they can improve and develop it.
We have a good price last year but we fell this year, but that does not mean we have no chance to recover, we have to think positive all the time.

Yes, Once the price is kept falling it does not mean that the price will not increase in the market. People who don't have faith in ETH have sold their coins in the market. But you can see there are many developments happening in the ETH blockchain and we have to keep hope in this project.

all weak hands sold their eth coin and now the price is stable if nothing happens wrong then i believe that the price of eth will increase in future and in next 2 month price could touch 400$ easily
anything you need to know about eth check this link:
https://www.reddit.com/r/ethereum/comments/9bwikc/good_morning_rethereum_everything_you_need_to/

[Ruhtilg]

Anyway, I continue to believe in Ether, despite the fact that he fell heavily.
It seems to me that such a strong project should recover.

The price is beyond our control, but the technology is the control of the team, they can improve and develop it.
We have a good price last year but we fell this year, but that does not mean we have no chance to recover, we have to think positive all the time.

Yes, Once the price is kept falling it does not mean that the price will not increase in the market. People who don't have faith in ETH have sold their coins in the market. But you can see there are many developments happening in the ETH blockchain and we have to keep hope in this project.

all weak hands sold their eth coin and now the price is stable if nothing happens wrong then i believe that the price of eth will increase in future and in next 2 month price could touch 400$ easily
anything you need to know about eth check this link:
https://www.reddit.com/r/ethereum/comments/9bwikc/good_morning_rethereum_everything_you_need_to/

After the next major upgrade, the price will be higher, may be $300-500.

[CORNEL]

Price is on a stable floor from last 2 weeks this is good sign we got big support on this level. The more support will come on above $200 level the bigger chance we will get to see this on more higher chance for next rally. It is good choice to buy on current level this is bottom.

[shivansps]

It is interesting to see fight between ETH and XRP to keep them on 2nd spot but ETH is looking more strong cryptocurrency for this position. ETH has good use case and more secure network with a lot of dapps who using this platform. I think in coming days it will surge and difference will become more big.

I absolutely agree as well bro.  Ethereum compared to Ripple is a no contest IMHO.  The amount of value and technology that Ethereum can provide over Ripple isn't quantifiable.  This isn't to say that Ripple isn't a great project and has progressed nicely, it has its uses of course.  But Ethereum is on a whole different level than say Ripple.  As the years go on, IMHO, Ethereum will continue to dominate the market capitalization and ability to develop new projects and new abilities/technologies.

mimagneto

How would you compare this 2 coins I don't really know. Ripple is a centralized coin which has no connections with their main product payment network, XRP is absolutely ridiculous coin without a use case aka useless ***coin.

[alevlaslo]

[mimagneto]

Lol, that looks about right bro.  You forgot the rocketship on the last line. lol

mimagneto

[raske]

we are finalkly seeing a stability in prices
this is good for crypto, not to be volatile like it was last year this time

[dishku]

we are finalkly seeing a stability in prices
this is good for crypto, not to be volatile like it was last year this time

This ecosystem is very close to get matured as institutional investors are showing their interest to invest in this emerging markets. I hope so this time it will move with more power so stay with them and enjoy with great benefits.