[ANN] Ethereum: Welcome to the Beginning

[JanpriX]

There are no reasons for panic, Ethereum sometimes go up and sometimes go down.
It's normal in crypto world

Ethereum is too big ecosystem to fall down

I wonder how people who bought when the price was $800 or 0.14 BTC are feeling? Do you still have any hope of ever seeing prices over $800 again? honestly, in my opinion the price of ETH only increase relative to the dollar because the price of bitcoin is increasing

Any investors that purchased any crypto at near all time high prices or near the tip of a bull run would be feeling disillusioned right now.

Those that purchased at $600, $700 or $800 would be at a massive loss and that would be a hard hit to take. I feel sorry for them.

What about those that purchased Bitcoin at near all time highs of $20,000 in December 2017, they have been suffering for a long time too.

Most of my friends that got involved in Crypto last December 2017 because of the hype sold their coins at a massive loss and they just moved on in their lives. They just accepted that they invested their money in a bad market. I talked to some of them 2 days ago and told them that BTC/ETH and other coins are having some life now but they said that they will not get involved again with any crypto-related investments.

Just can't wait to see their faces when ETH will be at $800 mark again. 

[yangongear]

Any investors that purchased any crypto at near all time high prices or near the tip of a bull run would be feeling disillusioned right now.

Those that purchased at $600, $700 or $800 would be at a massive loss and that would be a hard hit to take. I feel sorry for them.

What about those that purchased Bitcoin at near all time highs of $20,000 in December 2017, they have been suffering for a long time too.

I think they cut loss long time ago, no one can wait until BTC reach the ATH in the past, time has tested their endurance for too long, and I think no one can wait anymore. We have to accept the mistake and start over.

[bkbirge]

Any investors that purchased any crypto at near all time high prices or near the tip of a bull run would be feeling disillusioned right now.

Those that purchased at $600, $700 or $800 would be at a massive loss and that would be a hard hit to take. I feel sorry for them.

What about those that purchased Bitcoin at near all time highs of $20,000 in December 2017, they have been suffering for a long time too.

I think they cut loss long time ago, no one can wait until BTC reach the ATH in the past, time has tested their endurance for too long, and I think no one can wait anymore. We have to accept the mistake and start over.

If 2 years is the most an investor can wait on the market then they aren't investing, they are gambling.

[2ether]

It’s interesting to hear the ethereum miners here, everything suits you?)

[IncludeBeer]

Any investors that purchased any crypto at near all time high prices or near the tip of a bull run would be feeling disillusioned right now.

Those that purchased at $600, $700 or $800 would be at a massive loss and that would be a hard hit to take. I feel sorry for them.

What about those that purchased Bitcoin at near all time highs of $20,000 in December 2017, they have been suffering for a long time too.

I think they cut loss long time ago, no one can wait until BTC reach the ATH in the past, time has tested their endurance for too long, and I think no one can wait anymore. We have to accept the mistake and start over.

If 2 years is the most an investor can wait on the market then they aren't investing, they are gambling.

Gotta say, I completely agree. I really doubt any serious investors/anyone who put in real quantities has given up. 2 years is nothing honestly, especially for a brand new nascent technology.

[JanpriX]

There are lots of misinformation that gets spread about Eth2, the planned upgrade to Ethereum which should see the first phase released in the first few month of 2020.

Keep up to date with the real information by reading Ben Edgington's What's New in Eth2: eth2.news

 

[RivAngE]

4-10% isn't bad but still not sure that's worth the risk, and if you have to lock up the coins for a term that's even less attractive. Still, if you've got your stash might be a good way to park it for the future.

While some chains may allow users to “un-stake” their coins instantaneously — but forfeit any unclaimed rewards — others may entail a mandatory lockup period that renders funds illiquid and could lead to missed active investment opportunities.

https://cointelegraph.com/news/binance-research-ethereums-switch-to-staking-will-transform-industry

Is the 32 ETH minimum an official fact?
This is a big requirement which shuts out a lot of people... it's not like Ethereum (or any cryptocurrency) is a safe investment for a common person to put such a large sum of their savings in it.

The 4% sounds a fair amount, if it was too high it'd mean too much inflation. But if the requirement for 32 ETH is official, then that's too little for the risk one would take.
Then again, what was I expecting? These rules are written from the ones controlling the highest amounts, ofcourse they'd go with whatever suits them best, locking out of block rewards the small fishes and grab a larger part for themselves.

[rz20]

There are no reasons for panic, Ethereum sometimes go up and sometimes go down.
It's normal in crypto world

Ethereum is too big ecosystem to fall down

I wonder how people who bought when the price was $800 or 0.14 BTC are feeling? Do you still have any hope of ever seeing prices over $800 again? honestly, in my opinion the price of ETH only increase relative to the dollar because the price of bitcoin is increasing

Any investors that purchased any crypto at near all time high prices or near the tip of a bull run would be feeling disillusioned right now.

Those that purchased at $600, $700 or $800 would be at a massive loss and that would be a hard hit to take. I feel sorry for them.

What about those that purchased Bitcoin at near all time highs of $20,000 in December 2017, they have been suffering for a long time too.

Before the 2017's bull, I kept trying to convince my sister to buy bitcoins later she ended up buying at the tip of the bull run as you said. The good thing was she didn't sell at the bottom lol and still holding those coins.

[JollyGood]

Before the 2017's bull, I kept trying to convince my sister to buy bitcoins later she ended up buying at the tip of the bull run as you said. The good thing was she didn't sell at the bottom lol and still holding those coins.

If she is still holding then it means the current price is around 50% of what she paid. She still has a long wait before she can break even or make a profit.

It is a good thing she did not sell because the losses would have been massive. Holding on might also be painful if she needs the money and is thinking about cutting her losses but she should try and wait for BTC to increase in price because inevitably it will but nobody knows by how much.

[rz20]

Before the 2017's bull, I kept trying to convince my sister to buy bitcoins later she ended up buying at the tip of the bull run as you said. The good thing was she didn't sell at the bottom lol and still holding those coins.

If she is still holding then it means the current price is around 50% of what she paid. She still has a long wait before she can break even or make a profit.

It is a good thing she did not sell because the losses would have been massive. Holding on might also be painful if she needs the money and is thinking about cutting her losses but she should try and wait for BTC to increase in price because inevitably it will but nobody knows by how much.

It's pretty hard these days to read how the market is going to move but I agree with you for now holding her crypto assets would be the best option on hand.

[JollyGood]

It's pretty hard these days to read how the market is going to move but I agree with you for now holding her crypto assets would be the best option on hand.

The new year is around the corner so let us all hope the market picks up. If the year ended with Bitcoin hovering around the $12,500 mark it might considered a good thing because it dropped to above $7000 just weeks ago.

I would say it is hard to read the market at any given time. Maybe if she can recoup some of her funds back she can think twice about investing again. Crypto investment is not for everybody especially those that do not know much about it and only invest because a friend or family member tells them it is a good thing.

[benthach]

Istanbul Mainnet Hard Fork on December 4
https://coindar.org/en/event/ethereum-eth-istanbul-mainnet-hard-fork-24542

it will be chaos!

[benthach]

https://cointelegraph.com/news/poll-60-tell-vitalik-buterin-no-to-ethereum-reversing-transactions

Wow, this is beyond stupid:



Vitalik seems to have lost his mind; what the hell was he thinking when he made this poll? What results did he expect?

vitalik never was a smart person, his ethereum was just luck. smart contracts is invented/created by nick szabo and code into what is today ethereum by gavin wood

[whotheff]

https://cointelegraph.com/news/poll-60-tell-vitalik-buterin-no-to-ethereum-reversing-transactions

Wow, this is beyond stupid:



Vitalik seems to have lost his mind; what the hell was he thinking when he made this poll? What results did he expect?

vitalik never was a smart person, his ethereum was just luck. smart contracts is invented/created by nick szabo and code into what is today ethereum by gavin wood

No matter who invented it in the first place, Vitalik is the reason you are writing in this thread.
One of the reasons banks are considered secure is that they can block your card if you report it stolen.
In crypto, if something is stolen it is inevitably lost. I think that is what Vitalik is trying to find a solution for (atleast for the big thefts).

[benthach]

https://cointelegraph.com/news/poll-60-tell-vitalik-buterin-no-to-ethereum-reversing-transactions

Wow, this is beyond stupid:



Vitalik seems to have lost his mind; what the hell was he thinking when he made this poll? What results did he expect?

vitalik never was a smart person, his ethereum was just luck. smart contracts is invented/created by nick szabo and code into what is today ethereum by gavin wood

No matter who invented it in the first place, Vitalik is the reason you are writing in this thread.
One of the reasons banks are considered secure is that they can block your card if you report it stolen.
In crypto, if something is stolen it is inevitably lost. I think that is what Vitalik is trying to find a solution for (atleast for the big thefts).

ah, but bitcoin already figured it out and supported by the majority, don't you think?
you also need to know what is blockchain/cryptocurrency and bank/card, and the reason blockchain/cryptocurrency exist or ethereum exist. again do your own dd and understand it before you reply to my post.

oh, i'm all over the places/threads, not just this one. people like vitalik and mcafee are just no one in my book, really. the secret, i just don't like them!

[dishku]

Ethereum is struggling really hard to keep maintain on current level overall performance is looking good. Some traders are expecting for a major breakthrough in coming day because it sitting calm from a long time so it is due when it will show the massive rally in future.

[Javi_Anibarro]

Last night I accidentally found this live streaming on YouTube, that streaming was showing about Vitalik past interview at Ethereal and at the same time they were running a giveaway.
In order to participate, you need to contribute Minimum 2 ETH to their address.
So far they have collected 79 ETH from their victim, you can check it here: https://etherscan.io/address/0x0132946103eFFfa43337128CF65F0B3531378e87
If you ever see something like this on YouTube, please report it and do not send anything to them.
You can check their channel here: https://www.youtube.com/channel/UCg6sOZNpJ0VoTjwpBHULcMQ, it is still active until now.

Be careful everyone!

[bustedsynx]

Last night I accidentally found this live streaming on YouTube, that streaming was showing about Vitalik past interview at Ethereal and at the same time they were running a giveaway.
In order to participate, you need to contribute Minimum 2 ETH to their address.
So far they have collected 79 ETH from their victim, you can check it here: https://etherscan.io/address/0x0132946103eFFfa43337128CF65F0B3531378e87
If you ever see something like this on YouTube, please report it and do not send anything to them.
You can check their channel here: https://www.youtube.com/channel/UCg6sOZNpJ0VoTjwpBHULcMQ, it is still active until now.

Be careful everyone!

LMAO, the lengths of scammers willing to go through. I guess the Twitter giveaway scam has ran its course and now the scammers are off to fool Youtubers who don't give a shit about Twitter. Depressing that these guys are so creative that they could have use their talents for crypto development.

[tbct_mt2]

It is likely a new hot trend from scammer. Youtube does not fastly response to scam reports from community but this is the username of that scam channel: https://www.youtube.com/user/thehotgeek
You can search with the keyword: thehotgeek.

If you check, you will see 12/14 videos on that channel are non-crypto things, only two of them relate to crypto and for scam purpose.

I don't know that Youtube does not care about scam reports at all or they just lately response and handle scam reports. Let's see how long it takes till the Youtube takes action about that channel. In the meantime, don't send your ETH to that fake address.

[dishku]

Last night I accidentally found this live streaming on YouTube, that streaming was showing about Vitalik past interview at Ethereal and at the same time they were running a giveaway.
In order to participate, you need to contribute Minimum 2 ETH to their address.
So far they have collected 79 ETH from their victim, you can check it here: https://etherscan.io/address/0x0132946103eFFfa43337128CF65F0B3531378e87
If you ever see something like this on YouTube, please report it and do not send anything to them.
You can check their channel here: https://www.youtube.com/channel/UCg6sOZNpJ0VoTjwpBHULcMQ, it is still active until now.

Be careful everyone!

That is obvious scam but people still sending money to this address it seems greed always win it make them out of mind and they keep making mistakes again and again. This is true this space is not for greedy people and always keep crying after that kind of mistakes.