[ANN] Ethereum: Welcome to the Beginning

[alevlaslo]

demand for Bukkt are already full, we are waiting for a big growth

[alevlaslo]

http://time2save.ru/articles/tarify-na-elektroenergiyu-dlya-srednih-predpriyatiy-v-2018

[Saverenergy]

As BTC crashes to the ground for the next two years, then and only then real institutional money will come into play.
Maybe that's why ETH is taking it's time.

See you in 2021.

You really believe in this? BTC crashed already and this is incredible low price for BTC. At 4k usd per BTC miners already working in loss. So much low price not possible. And big investors started accumulate their bags already.

Indeed, such a low price should not be, at least for a long time. Everything is interdependent, mining is not profitable - there is no mining, there is no mining - there is no Bitcoin network.

[BluePowder]

As a reader, programmer and researcher, I can sit here all day and destroy the idiots and the obvious bullshit in this thread, as most should be able tell, is just promotion and investment based talk.

The obvious sign would be that the "for" crowd don't have a point or clarity in anything they say, yet they're literally minute by minute announcers of promises and good news, while failing miserably on even the basics that are not investment based arguments. Eth makes penny stock traders look like princesses.

[BluePowder]

You shouldn't make a statement and ask the same question right after. It looks weak, usually people who write one or two words asking for proof in a forum don't know much. Proof is something you can find on your own by reading and studying, I'm not here to help the lazy or prepare you a report.

False. You have any proof?

[DrearyUrbanite]

As BTC crashes to the ground for the next two years, then and only then real institutional money will come into play.
Maybe that's why ETH is taking it's time.

See you in 2021.

You really believe in this? BTC crashed already and this is incredible low price for BTC. At 4k usd per BTC miners already working in loss. So much low price not possible. And big investors started accumulate their bags already.

I don't think they are mining at a loss in every country as some countries have very low energy prices.

[maloy1cs]

This is a full raging bear market my friends. Don't stand on the way of this freight train. I would short ethereum if  Iwere you. Eth is dead until further notice.

Mate, they will have big update in the beginning of net year. As I know they going to launch hard fork in January with some existed updates and improvements. And with Bakkt and Fidelity launch at almost same time ETH can grow till few thousands 

Bakkt and Fidelity means the institutional traders will dump eth to $1 so they can buy cheap. It always makes me laugh when people with zero trading experience claim that this will bring prices up. What a joke!!! More exchanges (bakkt fidelity) means more liquidity = LOWER PRICES, NOT higher prices!!! The crypto community is so full of fools it's unbelievable!

Positive events are coming, I join you and also believe that many people are waiting for this. Now we can observe how big changes will occur. I am glad that I am part of this.

[Cryptotourist]

I don't think they are mining at a loss in every country as some countries have very low energy prices.

Good point. China for example:

https://www.asiacryptotoday.com/chinese-mining-fud-manipulation-vs-the-real-situation/

So still in the green right?
You need TOTALLY FREE power in the rest of the world, to even try to compete with China.
But it is not only a matter of electricity.

Taking as a fact that Chinese ASIC manufacturers trash & upgrade their equipment every 6 months or so, and taking also into account that if you go for the latest & fastest BTC miner on the market ATM - EBIT E11++ 44TH/S, 45W/T, 10nm chip DW1228 - and forgetting about purchasing costs, we have: Delivery time is Feb 15, 2019.

http://miner.ebang.com.cn/goods-15.html

Hold on. Didn't we just read in the previous article that - & I quote: "Rigs have evolved from 100nm to 7nm which has led to huge increases in efficiency."  
Oh yes, here it is:
https://shop.bitmain.com/product/detail?pid=00020181107195820131prWuuVTy0738
Estimated shipping: Dec.20-31
And last but not least: "The Antminer S15 has just been confirmed to have an estimated hashrate of 28 TH/s and power consumption of 1596 W"
https://mineable.com/bitmain-just-announced-their-new-7nm-miners-antminer-s15-t15-overview-hashrate-profitability/
Total bollocks.

So, selling their outdated hardware, trashing the even older ones, whilst keeping the best ones for themselves & repeat.
Do the maths, China is the only TRUE profitable player in the Bitcoin/ASIC/mining industry. Always has been.

Better off trading (buying cheap of course), hodling & sparing us the hassle.

[Majormax]

If I've accumulated something over the last few years, is that anything is possible.
It's crypt-o-mage-don. Few will survive through this, only to make room for the true believers.

A realistic, if very unpopular view. There is still a lot of hope around, and this bear market has a lot of work to do.

Could be another 2 years before the real recovery. I am not entirely convinced that institutional money will be entering at the lows however. More likely to be trend-following.

[IncludeBeer]

You shouldn't make a statement and ask the same question right after. It looks weak, usually people who write one or two words asking for proof in a forum don't know much. Proof is something you can find on your own by reading and studying, I'm not here to help the lazy or prepare you a report.

False. You have any proof?

I'm making an assertion while inviting you to counter it. Get over yourself.

Way to sidestep the whole thing though lol 

[alevlaslo]

I don't think they are mining at a loss in every country as some countries have very low energy prices.

Good point. China for example:

https://www.asiacryptotoday.com/chinese-mining-fud-manipulation-vs-the-real-situation/

So still in the green right?
You need TOTALLY FREE power in the rest of the world, to even try to compete with China.
But it is not only a matter of electricity.

Taking as a fact that Chinese ASIC manufacturers trash & upgrade their equipment every 6 months or so, and taking also into account that if you go for the latest & fastest BTC miner on the market ATM - EBIT E11++ 44TH/S, 45W/T, 10nm chip DW1228 - and forgetting about purchasing costs, we have: Delivery time is Feb 15, 2019.

http://miner.ebang.com.cn/goods-15.html

Hold on. Didn't we just read in the previous article that - & I quote: "Rigs have evolved from 100nm to 7nm which has led to huge increases in efficiency."  
Oh yes, here it is:
https://shop.bitmain.com/product/detail?pid=00020181107195820131prWuuVTy0738
Estimated shipping: Dec.20-31
And last but not least: "The Antminer S15 has just been confirmed to have an estimated hashrate of 28 TH/s and power consumption of 1596 W"
https://mineable.com/bitmain-just-announced-their-new-7nm-miners-antminer-s15-t15-overview-hashrate-profitability/
Total bollocks.

So, selling their outdated hardware, trashing the even older ones, whilst keeping the best ones for themselves & repeat.
Do the maths, China is the only TRUE profitable player in the Bitcoin/ASIC/mining industry. Always has been.

Better off trading (buying cheap of course), hodling & sparing us the hassle.

so ether is better 

[alevlaslo]

stop writing nonsense, if you are afraid of volatility, than cryptocurrencies are not for you. The ether always falls stronger when bitcoin falls and grows stronger when bitcoin grows. Look at 2017, the capitalization of the two coins was almost equal, fall saved bitcoin, perhaps for this reason it was carried out, bitcoin took advantage of the fact that other coins depend on it, but soon the ether will be the first, and everything will depend on the ether. Use low price to buy!

See how strong the ETH! It broke the long-term trend line of bitcoin, replaced it with another line

[RivAngE]

stop writing nonsense, if you are afraid of volatility, than cryptocurrencies are not for you. The ether always falls stronger when bitcoin falls and grows stronger when bitcoin grows. Look at 2017, the capitalization of the two coins was almost equal, fall saved bitcoin, perhaps for this reason it was carried out, bitcoin took advantage of the fact that other coins depend on it, but soon the ether will be the first, and everything will depend on the ether. Use low price to buy!

See how strong the ETH! It broke the long-term trend line of bitcoin, replaced it with another line

Nice graph, it shows the downtrend of Ethereum!
I don't know why did you draw these lines, but they make no sense to me, sorry.



ETH had a low of 9.85% on Dec. 2017, this could have been a support if it had shown a rebound after the last sell-off but no, ETH is keep losing dominance and it's now on 8.90%.

Now compare it to XRP, I notice 2 things: (1) Before the last two rallies, XRP moved first and then ETH followed, both taking some dominance out of BTC and other coins.
The 1st one was on 3/5/2017 (ETH followed on 19/5) and the 2nd one is on 13/12/2017 for XRP (ETH followed on 8/1/2018)!
Lately, XRP is again giving signs of a rally, on 21/9 it spiked up but ETH didn't follow it, this time both ETH and BTC lost some dominance to XRP which is getting closer to the January's high.

Ofcourse trends are breaking often, but if you're wondering what's the current trend, I'd say BTC is going SIDEWAYS, ETH is going DOWN, XRP is going UP.


Disclaimer: I'm not endorsing any coin over the other, I'm simply stating what I'm seeing in the graphs. However the graphs can be understood with more than one way, so feel free to disagree with my view.

[mcfom]

This is final mega shake out phase to be explained as tree shaking with full force to short as many people as possible. This won't be last but those will be after shocks timely. When I look around at development in external world talks of people here looks like they don't understand these markets or they are doing with intention negative comments. Ethereum's future and custody services along with Bitcoin as being discussed and planned while some people are declaring it done already.

[Cryptotourist]

A realistic, if very unpopular view. There is still a lot of hope around, and this bear market has a lot of work to do.

Could be another 2 years before the real recovery. I am not entirely convinced that institutional money will be entering at the lows however. More likely to be trend-following.

Thank you.
Hope is vital & necessary, but it depends from which perspective. I'm not hoping for another bull run in 2018, nor for a new ATH for BTC or ETH in 2019.
What I am hoping though - is enough correction on the market in general - to completely fill the bags throughout the whole of next year.
Trend following? Yes, only to keep them moderately busy & amused. Will have to hodl something at one point - and that will be only when bought in the very very lows.

so ether is better  

Is that really what you gathered? Wow, OK, whatever suits you mate

[XCNP]

They already did what they could and will not take this market to point of no return. One thing more why one would like to kill the hen which is laying egg of golds where volatility is higher but risk of vanishing isn't at all. In traditional markets crash wipe out your investment here only devalue your portfolio. I am quite hopeful for bright future of these markets.

[alevlaslo]

stop writing nonsense, if you are afraid of volatility, than cryptocurrencies are not for you. The ether always falls stronger when bitcoin falls and grows stronger when bitcoin grows. Look at 2017, the capitalization of the two coins was almost equal, fall saved bitcoin, perhaps for this reason it was carried out, bitcoin took advantage of the fact that other coins depend on it, but soon the ether will be the first, and everything will depend on the ether. Use low price to buy!

See how strong the ETH! It broke the long-term trend line of bitcoin, replaced it with another line

https://c.radikal.ru/c30/1812/ca/922a8016ccb9.png

Nice graph, it shows the downtrend of Ethereum!
I don't know why did you draw these lines, but they make no sense to me, sorry.

https://i.ibb.co/X2LBbC3/image.png

ETH had a low of 9.85% on Dec. 2017, this could have been a support if it had shown a rebound after the last sell-off but no, ETH is keep losing dominance and it's now on 8.90%.

Now compare it to XRP, I notice 2 things: (1) Before the last two rallies, XRP moved first and then ETH followed, both taking some dominance out of BTC and other coins.
The 1st one was on 3/5/2017 (ETH followed on 19/5) and the 2nd one is on 13/12/2017 for XRP (ETH followed on 8/1/2018)!
Lately, XRP is again giving signs of a rally, on 21/9 it spiked up but ETH didn't follow it, this time both ETH and BTC lost some dominance to XRP which is getting closer to the January's high.

Ofcourse trends are breaking often, but if you're wondering what's the current trend, I'd say BTC is going SIDEWAYS, ETH is going DOWN, XRP is going UP.


Disclaimer: I'm not endorsing any coin over the other, I'm simply stating what I'm seeing in the graphs. However the graphs can be understood with more than one way, so feel free to disagree with my view.

Bitcoin does not tolerate the growth of the ether, with each growth it loses a large share, the chart shows this very well

[Piston Honda]

just shut ETH down already  

[alevlaslo]

why to sell new money for old money - the mind boggles  

people don't sell, do this only manipulators

 remove everything from Bank accounts and buy cryptocurrencies,  it is necessary to punish manipulators and to depreciate paper

[dr.cheema]

why to sell new money for old money - the mind boggles  

people don't sell, do this only manipulators

 remove everything from Bank accounts and buy cryptocurrencies,  it is necessary to punish manipulators and to depreciate paper

They even don't know what they are doing!
One day banks will be empty and definitely it will  happen in near future.
Market again bleeding, holders are panic right now selling at cheap price but they will regret.