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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2005857 times)
addicto
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January 14, 2019, 05:36:44 PM
 #21821

Looks like the bears are having a harder time driving this down lately.

I am missing the volume. But ETH/BTC just broke the falling wedge pattern.
I do not know where you saw it, nothing has changed dramatically. "Experts" draw such breakthroughs every week.

That's true nothing changed current situation is still much better as compare with few weeks ago when all markets were moving into same pattern and situation more panic. ETH is here to stay and it will keep moving with great support we will see again big rally but weak hands will miss this like always.
Raja_MBZ
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January 14, 2019, 05:44:51 PM
Last edit: January 14, 2019, 06:52:02 PM by Raja_MBZ
 #21822

Ethereum is about to get a big upgrade. Here's what you need to know.

https://mashable.com/article/ethereum-constantinople/

EDIT: Plus:

Ethereum [ETH]: ProgPoW team admits having worked together with Nvidia and AMD

https://cryptonewsreporter.net/2019/01/14/ethereum-eth-progpow-team-admits-having-worked-together-with-nvidia-and-amd/
dr.cheema
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January 14, 2019, 06:05:33 PM
 #21823

Looks like the bears are having a harder time driving this down lately.

I am missing the volume. But ETH/BTC just broke the falling wedge pattern.
I do not know where you saw it, nothing has changed dramatically. "Experts" draw such breakthroughs every week.

That's true nothing changed current situation is still much better as compare with few weeks ago when all markets were moving into same pattern and situation more panic. ETH is here to stay and it will keep moving with great support we will see again big rally but weak hands will miss this like always.
Market is still very down even we are seeing green sign but i think big whales are done with market and now market start growing again.
Panic guys will sell again when negative news arrive but they will regret when bull run will trigger by some positive news.
Ethereum will more faster when ethereum network upgraded. Ethereum give us chance again to fill up bag at this point.
IncludeBeer
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January 14, 2019, 06:58:50 PM
 #21824

I think noobs don't understand this isn't a fork; it's a network upgrade.

If software app is changed so that it doesn't have backward compatibility it is called hard fork. So, Vitalik's ethereum is not a software app anymore. Well, what is it?

A change can be upgrade or downgrade. How do you know this particular change is not a network downgrade?

he asked a question and you asked him a question as well i wonder who is the noob? LOL

anyways the hard fork is a radical change to the protocol that makes previously invalid blocks/transactions valid (or vice-versa). This requires all nodes or users to upgrade to the latest version of the protocol software A softfork don't require any nodes to upgrade to maintain consensus since all blocks with the new softforked in rules also follow the old rules, therefore old clients accept them..
imagine you sending 10 million usd to overseas money actually isnt even transfered so fast as we think even paypal doesnt do money transfer this faster for even 5 usd... because everything works on credit and debt money being physical cant be send so fast you could actually travel to another country faster then your money gets to that country And this is not what we need for the future regardless of what you multiple X for the crypto prices because right now you are buying everything from FIAT money which is issued by goverment and slowly it will turn into cryptos that will have nodes from the goverment either way we will have things issued by govt but we will have inflation rate to less then 5% which happens 100% every 10 years..

This is well known. Others who are new to crypto all understand "fork" as something that means there will be 2 chains after some point, with new coins to claim somewhere.
Vitalik also proposed a terminology change to help make this concept easier for noobs: "network upgrade" means a fork that upgrades the protocol. Not contentious. "hard fork" or "fork" is a protocol change to indicate contention...meaning another client (allegedly) would be released to public.

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
AlloM
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January 14, 2019, 07:09:23 PM
 #21825

It is good to see ETH is up 11% today which is impressive recovery I hope soon this will rising like skyrocket. I would like to keep hold my coins and won't sell them for few more years.
clowninteractive
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January 14, 2019, 08:22:30 PM
 #21826

It is good to see ETH is up 11% today which is impressive recovery I hope soon this will rising like skyrocket. I would like to keep hold my coins and won't sell them for few more years.
Same here ethereum not only gonna work on scalibility but also they will work on Privacy this brings a whole lot new technology which is contract based but has all the features which other coins dont have
im looking forward to what future holds for everyone.. hodling is the best for cryptos the world hardly understands the tech i was same in 2012 we need more programs to educate people on how blockchain works but with new generation they are able to handle blockchain pretty well.
bitcoin_diamond
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January 14, 2019, 09:52:20 PM
 #21827

3 days to go until the Constantinople hard fork, will keep holding my ethereum and sell it soon when the hard fork came along.
I hope ethereum can be 1200 this year... just a wish  Smiley
vozphongtom
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January 15, 2019, 01:20:03 AM
 #21828

3 days to go until the Constantinople hard fork, will keep holding my ethereum and sell it soon when the hard fork came along.
I hope ethereum can be 1200 this year... just a wish  Smiley

i think  the eth  hit $1000 this year , it can be.

ICOs maybe is power push the eth price rising up.
marketone
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January 15, 2019, 02:34:42 AM
 #21829

It is good to see ETH is up 11% today which is impressive recovery I hope soon this will rising like skyrocket. I would like to keep hold my coins and won't sell them for few more years.

ETH is always a very good option to hold them for the long term instead of selling them for loos, so you need to grab them in the market when the price of ETH is very low in the market. Yesterday the price of ETH recovered from 115$ to 127$.
Endikadija
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January 15, 2019, 03:08:46 AM
 #21830

3 days to go until the Constantinople hard fork, will keep holding my ethereum and sell it soon when the hard fork came along.
I hope ethereum can be 1200 this year... just a wish  Smiley

i think  the eth  hit $1000 this year , it can be.

ICOs maybe is power push the eth price rising up.

It may become a part of to build a power to pump ethereum but remember the result in the development progress still become the main concern. I would say that POS migration will make a lot of people will be more interesting because they will always keep their ethereum.
batang_bitcoin
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January 15, 2019, 03:33:55 AM
 #21831

3 days to go until the Constantinople hard fork, will keep holding my ethereum and sell it soon when the hard fork came along.
I hope ethereum can be 1200 this year... just a wish  Smiley

i think  the eth  hit $1000 this year , it can be.

ICOs maybe is power push the eth price rising up.

I won't expect too much at this very early moment. We'll see it on what will be eth's performance for half year and then let's think of it if $1,000 - $1,200 is likely for this year.

That's going to be the effect of the constantinople/upgrade of the network which will turn people back to ethereum.

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gembira
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January 15, 2019, 06:02:03 AM
 #21832

3 days to go until the Constantinople hard fork, will keep holding my ethereum and sell it soon when the hard fork came along.
I hope ethereum can be 1200 this year... just a wish  Smiley

ICOs not popular right now, and there are a lot of better blockchains for ICOs nowdays. So it will be hard for Ethereum hit previous AHT. This may be happens after Bakkt launch. But they postponed release (seems at last will Q2-Q3 this year). SEC should give an answer about ETFs in the end of February, if this will be positive answer, than we can see a rise too  Roll Eyes
anon6549898419641
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January 15, 2019, 07:41:33 AM
 #21833

So, the price will make x1.5 after tomorrow's fork, because 3 ETH / 2 ETH = 1.5?
ronelord
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January 15, 2019, 07:50:53 AM
 #21834

So, the price will make x1.5 after tomorrow's fork, because 3 ETH / 2 ETH = 1.5?
Why price should make x1.5 ?
Diff gonna drop and thats all Smiley
big_daddy
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January 15, 2019, 07:55:03 AM
 #21835

When the mining reward go down from 3 to 2 ETH it means a (3-2)/3=1/3=33% reduction. The price of a coin is generally correlated with the cost of mining. The cost of mining Ethereum goes up 1/(2/3)-1=3/2-1=1/2=50% so naturally the price should with time continually seek its way to 50% more than the balanced price level before the reduction.
The reduction of the mining reward with 1/3 should lead to a price increase of 50%.

this is the scenario that all miners will like to happen, but the reality can move backward the ETH price
in that case, the other major daggerhashimoto minable coins could receive support from ethereum miners, like ETC, CLO,
be prepared for all scenarios

If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
boopy265420
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January 15, 2019, 08:44:26 AM
 #21836

I think price should start increasing post hard fork era once it is reported that everything is working well. Market tried to use the HF for increase but because of small dips that slower downed the momentum temporarily. Next attempt to cash the successful implementation of upgrading network will be factor to mobilize the market once again in my opinion. Today or tomorrow apparently don't expect significant increase.
Xandan
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January 15, 2019, 09:32:23 AM
 #21837

If you look at broader image of the whole market cap it is just keep growing everywhere little bit collectively. Not talking about few weeks of peak times under hype and fomo conditions. Next bull run will be taking every single market to new all time  high where previous ATH will be sued for reference again that why people didn't buy. This will continue until cryptocurrencies reaching to their true potential and peak price permanent ones.
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January 15, 2019, 09:51:49 AM
 #21838

So, the price will make x1.5 after tomorrow's fork, because 3 ETH / 2 ETH = 1.5?

This is not correct. Actually nothing will happen will price becuase of the fork (probalby a pittle dump). In a long run, yes it will make positive effect on price.
Cryptotourist
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January 15, 2019, 10:56:40 AM
 #21839

Update!

https://bitcoinist.com/cryptopia-exchange-hacked/

I have come here to chew bubblegum and kick ass ... and I'm all out of bubblegum.
Saverenergy
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January 15, 2019, 11:03:49 AM
 #21840

3 days to go until the Constantinople hard fork, will keep holding my ethereum and sell it soon when the hard fork came along.
I hope ethereum can be 1200 this year... just a wish  Smiley

i think  the eth  hit $1000 this year , it can be.

ICOs maybe is power push the eth price rising up.


The ICO will definitely force prices up for Ethereum and Bitcoin, but this will happen only after the full adjustment and legitimization of the crypto industry has passed.
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