[ANN] Ethereum: Welcome to the Beginning

[CORNEL]

That is really strange who is showing the correct chart yesterday everyone telling finally it bottom out and hopefully it will get stable above $100 but today totally we have totally different story.

[bkbirge]

That is really strange who is showing the correct chart yesterday everyone telling finally it bottom out and hopefully it will get stable above $100 but today totally we have totally different story.

That's because Technical Analysis in crypto is 20% simplistic linear fitting and high frequency averaged filtering and 80% astrology.

[abonarea]

Those charts are not nothing more than to get some indication about the trend of market for that specific period of time. Since crypto is totally other kind of wild animal it keeps changes indicated in minutes. No one knows where is the bottom and will market will reverse. Ethereum looks good at this price but if you calculate risk properly it is good.

[ololajulo]

The next big Ethereum upgrade called Constantinople is now postponed to early 2019.
Apparently, the developer community wants to take a cautious approach and doesn't want to rush with the release.

https://coincodex.com/article/2730/ethereum-constantinople-upgrade-targeted-for-mid-january/

the mining reward from 3 to 2 ETH per block, with no price spike will be a big headache for regular mining community

Now only mining people who believe in a better future or those who have free electricity remain in mining.

free electricity? where in the world is that? I also never knew ethereum mining was that lucrative

[Piston Honda]

when $10usd
 

[JollyGood]

The next big Ethereum upgrade called Constantinople is now postponed to early 2019.
Apparently, the developer community wants to take a cautious approach and doesn't want to rush with the release.

https://coincodex.com/article/2730/ethereum-constantinople-upgrade-targeted-for-mid-january/

the mining reward from 3 to 2 ETH per block, with no price spike will be a big headache for regular mining community

things move quickly in crypto's world. Maybe for 2019 march things will be different.

I don't know..3 to 2 means 33% less. It's not so low..

Maybe things will become even worse with Bitcoin falling to $1000 or less. That would mean the others becoming even less than they are now.

Nobody knows

[gefander]

Do you think it makes sense to wait for a further fall or is it already a sufficient level for the purchase?

Well can you predict the price of Ethereum, if yes then you can decide you should buy or not!
Otherwise price already very down and according to news ethereum could break the $50 line.
If you can afford loss then you can buy at this price or wait for the next fall.  

I do not know yet what price I could predict, now I would like to warn my subscribers about the possible fall, so that they refrain from buying. So I decided that there can arguments to support this conversation
I think that we need to look at the market as a whole, we still see only bearish sentiment, so the decline will obviously continue. It's a pity of course but I'm determined to wait some more time before you buy.

[peterlustig]

The next big Ethereum upgrade called Constantinople is now postponed to early 2019.
Apparently, the developer community wants to take a cautious approach and doesn't want to rush with the release.

https://coincodex.com/article/2730/ethereum-constantinople-upgrade-targeted-for-mid-january/

the mining reward from 3 to 2 ETH per block, with no price spike will be a big headache for regular mining community

Now only mining people who believe in a better future or those who have free electricity remain in mining.

free electricity? where in the world is that? I also never knew ethereum mining was that lucrative

I don't think that any country offers free electricity to its citizen but I know in Venezuela electricity is extremely cheap.

[adaseb]

I know people that know people on Wall St. and I can assure you none of the exchanges is  building infrastructure for institutional crypto trading. Buying or selling any crypto coins or tokens is against the federal law in the US. This is one big manipulation this is fake news someone probably banks are paying the crypto news sites to spread these lies and then they are shorting big and when prices crash they buy your coins at lower prices. Everyone who is falling for this "institutionals are coming to save the day" is an absolute fool I can't describe it any better. And what the hell happened to decentralization suddenly everybody became from decentralist to centralist, "banks are coming to save the day hooray", give me a break. This is the oldest trick in markets - buy the rumor sell the news and they been robbing you for months!

There was no decentralisation from the beginning. When inexperienced teenagers were using their gaming PCs to obtain 1 ETH / day but now it'd take about a year to get 1 ETH with a good single-GPU PC... it means that the wealth was locked with the few first people who got in early.
Sure, the early investors should be rewarded, but I never called this decentralisation.

I hope that one day, in a couple of years of now, there will be no whales anymore and only then we'll see real decentralisation.

I was an early miner with ETH, and I think I mined about 1 ETH per GPU per day. However those ETHs were long ago sold at probably $10/ETH or so.

I did keep some in case of a large pump and those I've sold at $25/ETH. And I am pretty sure this applies to 99% of all the early miners.

The real Hodl'er of ETH are the ones who bought the ICO at 30 cents a coin. They probably sold most of those ETH's anyways and most likely less than 1% of those investors still have large quantites of ETH.

You see profit, you take it. Basically would be stupid not too.

[Sanguintan]

I know people that know people on Wall St. and I can assure you none of the exchanges is  building infrastructure for institutional crypto trading. Buying or selling any crypto coins or tokens is against the federal law in the US. This is one big manipulation this is fake news someone probably banks are paying the crypto news sites to spread these lies and then they are shorting big and when prices crash they buy your coins at lower prices. Everyone who is falling for this "institutionals are coming to save the day" is an absolute fool I can't describe it any better. And what the hell happened to decentralization suddenly everybody became from decentralist to centralist, "banks are coming to save the day hooray", give me a break. This is the oldest trick in markets - buy the rumor sell the news and they been robbing you for months!

There was no decentralisation from the beginning. When inexperienced teenagers were using their gaming PCs to obtain 1 ETH / day but now it'd take about a year to get 1 ETH with a good single-GPU PC... it means that the wealth was locked with the few first people who got in early.
Sure, the early investors should be rewarded, but I never called this decentralisation.

I hope that one day, in a couple of years of now, there will be no whales anymore and only then we'll see real decentralisation.

I was an early miner with ETH, and I think I mined about 1 ETH per GPU per day. However those ETHs were long ago sold at probably $10/ETH or so.

I did keep some in case of a large pump and those I've sold at $25/ETH. And I am pretty sure this applies to 99% of all the early miners.

The real Hodl'er of ETH are the ones who bought the ICO at 30 cents a coin. They probably sold most of those ETH's anyways and most likely less than 1% of those investors still have large quantites of ETH.

You see profit, you take it. Basically would be stupid not too.

I also sold most of my ETH at around $1.

[alevlaslo]

https://bitcointalk.org/index.php?topic=1559630.msg48594025#msg48594025

[Bytem3]

Looks like Ethereum price will go for another dive

https://coincodex.tv/videos/487/ethereum-technical-analysis-dec-10-2018 (technical analysis by Haejin Lee)

[Gataway]

I wonder how does vitalik feels about all the millions of people who invested their family savings in miners to support his rectal coin and are now hanging on huge loss. This is a disaster! He should be held accountable. While we are all dealing with bankruptcy he is traveling the world spending our money on those symposiums or whatever they call them. Everybody knows that the only reason why people visit such events is for the free drinks and food everybody goes there to take advantage of the all inclusive, nobody does any work there.
It turns out in the end ethereum is just another scam like all of the crypto. Sad.
For the record I asked vitalik directly how does he feel about all the people losing everything they have on https://www.reddit.com/user/vbuterin but my comment was deleted just minutes after I posted it. It turns out not only he is a scammer but he is a nazi too - if you can't handle uncomfortable questions just delete them. I'm really disappointed.

I thought VB is traveling in the world to promote the use of ETH. He cannot control the price.

[Piston Honda]

I wonder how does vitalik feels about all the millions of people who invested their family savings in miners to support his rectal coin and are now hanging on huge loss. This is a disaster! He should be held accountable. While we are all dealing with bankruptcy he is traveling the world spending our money on those symposiums or whatever they call them. Everybody knows that the only reason why people visit such events is for the free drinks and food everybody goes there to take advantage of the all inclusive, nobody does any work there.
It turns out in the end ethereum is just another scam like all of the crypto. Sad.
For the record I asked vitalik directly how does he feel about all the people losing everything they have on https://www.reddit.com/user/vbuterin but my comment was deleted just minutes after I posted it. It turns out not only he is a scammer but he is a nazi too - if you can't handle uncomfortable questions just delete them. I'm really disappointed.

amen man...amen

[ololajulo]

I wonder how does vitalik feels about all the millions of people who invested their family savings in miners to support his rectal coin and are now hanging on huge loss. This is a disaster! He should be held accountable. While we are all dealing with bankruptcy he is traveling the world spending our money on those symposiums or whatever they call them. Everybody knows that the only reason why people visit such events is for the free drinks and food everybody goes there to take advantage of the all inclusive, nobody does any work there.
It turns out in the end ethereum is just another scam like all of the crypto. Sad.
For the record I asked vitalik directly how does he feel about all the people losing everything they have on https://www.reddit.com/user/vbuterin but my comment was deleted just minutes after I posted it. It turns out not only he is a scammer but he is a nazi too - if you can't handle uncomfortable questions just delete them. I'm really disappointed.

Is sometimes worrisome to see CEO raised their fund through this forum and left without looking back. I am not sure this forum benefited from him financially or in any other ways. Now his last visit on this forum was as old as ethereum itself. this happens to a lot of project and I think bitcointalk should start demanding fund for every campaign or ANN thread from ICO, If that is all they could gain from them.

[rahmat86]

I wonder how does vitalik feels about all the millions of people who invested their family savings in miners to support his rectal coin and are now hanging on huge loss. This is a disaster! He should be held accountable. While we are all dealing with bankruptcy he is traveling the world spending our money on those symposiums or whatever they call them. Everybody knows that the only reason why people visit such events is for the free drinks and food everybody goes there to take advantage of the all inclusive, nobody does any work there.
It turns out in the end ethereum is just another scam like all of the crypto. Sad.
For the record I asked vitalik directly how does he feel about all the people losing everything they have on https://www.reddit.com/user/vbuterin but my comment was deleted just minutes after I posted it. It turns out not only he is a scammer but he is a nazi too - if you can't handle uncomfortable questions just delete them. I'm really disappointed.

keep calm down right now, no one can fight downtrend at market. it's crypto and high volatility, i'm same with you my friend not happy with situation but we have to go through this. hopefully the market will return to green

[virasog]

I wonder how does vitalik feels about all the millions of people who invested their family savings in miners to support his rectal coin and are now hanging on huge loss. This is a disaster! He should be held accountable. While we are all dealing with bankruptcy he is traveling the world spending our money on those symposiums or whatever they call them. Everybody knows that the only reason why people visit such events is for the free drinks and food everybody goes there to take advantage of the all inclusive, nobody does any work there.
It turns out in the end ethereum is just another scam like all of the crypto. Sad.
For the record I asked vitalik directly how does he feel about all the people losing everything they have on https://www.reddit.com/user/vbuterin but my comment was deleted just minutes after I posted it. It turns out not only he is a scammer but he is a nazi too - if you can't handle uncomfortable questions just delete them. I'm really disappointed.

keep calm down right now, no one can fight downtrend at market. it's crypto and high volatility, i'm same with you my friend not happy with situation but we have to go through this. hopefully the market will return to green

Whole of the market is down so we cannot blame any one coin to be scam. You can see the example of Neo and Eos (Too much down both of them )  
Regarding the fork of ETH, I think it will be a price booster for ETH.

[Saverenergy]

I wonder how does vitalik feels about all the millions of people who invested their family savings in miners to support his rectal coin and are now hanging on huge loss. This is a disaster! He should be held accountable. While we are all dealing with bankruptcy he is traveling the world spending our money on those symposiums or whatever they call them. Everybody knows that the only reason why people visit such events is for the free drinks and food everybody goes there to take advantage of the all inclusive, nobody does any work there.
It turns out in the end ethereum is just another scam like all of the crypto. Sad.
For the record I asked vitalik directly how does he feel about all the people losing everything they have on https://www.reddit.com/user/vbuterin but my comment was deleted just minutes after I posted it. It turns out not only he is a scammer but he is a nazi too - if you can't handle uncomfortable questions just delete them. I'm really disappointed.

amen man...amen

I think that Vitalik did not think about how far everything would go. And the more he can not affect the price of the coin. Now no innovations and updates will not affect the price. This decentralized market is controlled by larger players.

[Xandan]

Vitalik doesn't think at these things which are raised in that long post which is based on reality. If he was believing in some solid norms and principals then he not supporting BCH guys. That was his open support for them for the thing which created bad things for crypto as whole. Now come back to Ethereum he has sold out his tokens so neither he is traders nor will care of the price of his own token. People will keep telling their stories and nothing will change.

[BluePowder]

I'm a firm believer of ethereum being a trading / investing ponzi but I don't blame Vitalik. The rise from $zero to $1000 was not his work and either was the fall.  He's nothing but a child and an inexperienced boy in a man's world, and this is the ultimate wet dream for an investor or trader. He's just good enough to make sense and pretend there is some use for this garbage while others make a killing with his bad good idea.

At the end of the day he's done nothing wrong but give the people the framework to make a killing, and they did, and in the course of doing so we learned there is no need for smart contracts and that the problems it supposed to cure, creates many more problems elsewhere.