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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2005165 times)
JollyGood
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February 24, 2020, 02:48:13 AM
 #24401

It is no worse than many alternatives to buy. I would say with the price as it is and comparing it to the all time high it might be worth investing in providing you are willing to be patient and will wait for the price to give you a return.

Ethereum still has potential but if you do some research maybe you will find some other crypto that is less of a risk if you are not willing to buy at the current price.



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February 24, 2020, 08:46:56 AM
 #24402


Ethereum still has potential but if you do some research maybe you will find some other crypto that is less of a risk if you are not willing to buy at the current price.

Would you like to share about this gems? I would like to know about this. Thank you

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February 24, 2020, 09:58:52 AM
 #24403

“Phase 0 is the first phase of the Ethereum 2.0 launch. This will release the proof-of-stake network, which will come online this year.” - Vitalik

I assume it is safe to say we will not see the Phase 0 as they scheduled on Q1 of 2020? It can happen in Q2 or even at the end of the year.
And based on Vitalik's latest interview on Cointelegraph: Interview, things will be delayed even further because it is less urgency.

Do not tell me they are waiting to release it when we start the bull market, so they can get momentum and lead the whole market as they used to be when releasing the ICO feature?

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February 24, 2020, 11:28:55 AM
 #24404

It is no worse than many alternatives to buy. I would say with the price as it is and comparing it to the all time high it might be worth investing in providing you are willing to be patient and will wait for the price to give you a return.

Ethereum still has potential but if you do some research maybe you will find some other crypto that is less of a risk if you are not willing to buy at the current price.


yeah it may be true that to buy from various alternative is not sensible. after comparing from the markets ups & down checking of return from your investment. For that you have to be patient.
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February 24, 2020, 09:33:26 PM
 #24405

Wow. Such an amazing story when you think about it.

Good luck everyone
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February 25, 2020, 01:12:17 AM
 #24406

I was planning to open a new thread for this on the altcoin subforum, however, this might only be another fud. In any case, can someone explain what this is and if 2Miners is correct in its calculations?



Following an internal investigation, 2Miners managed to find out that all global ETC pools were reported the same drop in hashrate. At the same time, Antminer E3 was still performing fine on Ethereum pools, 2Miners said. The team immediately suggested that the issue was likely to be connected with directed acyclic graph (DAG) — a file that is generated every new group of 30,000 blocks known as a mining epoch.

When mining Ethereum, each GPU requires a big file called DAG at the start of the mining process, 2Miners elaborated. As DAG files grow each 30,000 blocks, or mining epoch, the memory capacity has apparently reached its limit.

Following a request to Bitmain helpdesk, 2Miners was reportedly able to confirm that the growth of DAG files limited the usage of Antminer E3 for mining ETC. According to Bitmain, Antminer E3, which is an ASIC miner, still contains a 4GB video card for mining, while the DAG file is approaching the threshold.
Bitmain reportedly said:

“[...] Antminer E3 is a 4GB video card. E3 is related to ETH algorithm, and DDR capacity is up to the upper limit, so E3 will not be able to continue mining. The meaning is E3 only can mine until January 2020, then will not mine again.”

According to 2Miners’ calculations, Antminer E3 should terminate Ethereum mining roughly on April 8, 2020. According to the mining pool, the current Ethereum Classic mining epoch is 328 while it is still 318 for Ethereum. According to the DAG size calculator data, the DAG size for Ethereum accounts for 3.48 GB, while the one for Ethereum Classic amounts to 3.56 GB at press time.


Source https://cointelegraph.com/news/bitmains-antminer-e3-will-allegedly-stop-ethereum-mining-in-1-month-report

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Piston Honda
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February 25, 2020, 01:47:21 PM
 #24407

i am trying to sell some ETH at $1000 but now $500, how come nobody is buying it?!?!  Cry

$ADK ~ watch & learn...
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February 25, 2020, 07:32:26 PM
Last edit: February 25, 2020, 10:00:00 PM by chennappa121
 #24408

i am trying to sell some ETH at $1000 but now $500, how come nobody is buying it?!?!  Cry

Are you really serious? Or you kidding us here, because you know the current situation of eth price it around 260 mark now and you expecting more than that maybe it can possibly after eth 2.0 launch so I wish you that eth can reach what you expecting price very soon.

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February 25, 2020, 11:02:08 PM
 #24409

I was planning to open a new thread for this on the altcoin subforum, however, this might only be another fud. In any case, can someone explain what this is and if 2Miners is correct in its calculations?

The calculations are quite simple.
We are sure the Antminer E3 hashrate has dropped when epoch 328 has started.
Epoch changes each 30 000 blocks.
328 x 30 000 = 9 840 000 (the block when problem should appear)
current block is 9 555 453 -> https://eth.2miners.com/

9 840 000 - 9 555 453 = 284 547 blocks
average block time is about 13.1 seconds

284 547 x 13.1 = 3727565.7s = 62126.1min = 1035.43h = 43.14 days

So Antminer E3 hashrate will drop on Ethereum on +-April 8th

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February 25, 2020, 11:49:01 PM
 #24410

i am trying to sell some ETH at $1000 but now $500, how come nobody is buying it?!?!  Cry
Are you really serious? Or you kidding us here, because you know the current situation of eth price it around 260 mark now and you expecting more than that maybe it can possibly after eth 2.0 launch so I wish you that eth can reach what you expecting price very soon.
Haha, I added a salt of grain and assuming that for obvious reasons that he's really joking.  Cheesy

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February 26, 2020, 09:17:24 PM
 #24411

i am trying to sell some ETH at $1000 but now $500, how come nobody is buying it?!?!  Cry

I am sure if you will sell eth next year you will get much more than 500 dollars , keep all your ethereum and you will make a great profit next year! Wink
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February 26, 2020, 09:49:58 PM
 #24412

Keep your chin up Piston I am sure the good days of the all time highs will return soon where you can start selling them for $1000+

 Grin

i am trying to sell some ETH at $1000 but now $500, how come nobody is buying it?!?!  Cry

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February 27, 2020, 01:36:30 AM
 #24413

“Phase 0 is the first phase of the Ethereum 2.0 launch. This will release the proof-of-stake network, which will come online this year.” - Vitalik



Phase 0 will help ETH to keep investors more interested in buying ETH, because of the PoS feature as a sharding (sidechain) of ETH It seems that sidechain are the new way to handle big amount of tx. Hopefully, these new updates won't take any longer as the project did in the past already.

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February 27, 2020, 03:31:10 AM
 #24414

F1 Delta Time, the Ethereum-powered blockchain game has begun to sell in-game item crates.

Players are now able to purchase a collection of cars, parts, drivers and racing gear with the ERC-721 non-fungible tokens (NFT), according to F1 Delta Time official announcement from Feb. 25. The sale will run through March 9, with 6,500 total crates up for grabs with prices set to increase from the current levels after March 3.

NFT’s are a form of a digital collectible that are not interchangeable since they carry unique qualities and vary in their level of rarity.
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February 27, 2020, 05:25:22 PM
 #24415

ETH is still looking strong as like it showing good sign to make come back with great support from the community. Majority of the people were expecting for a deeper correction and it could fall below $200 but today it again back on track to gain.
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February 27, 2020, 06:45:50 PM
 #24416

i am trying to sell some ETH at $1000 but now $500, how come nobody is buying it?!?!  Cry

I am sure if you will sell eth next year you will get much more than 500 dollars , keep all your ethereum and you will make a great profit next year! Wink

Yes, after yesterday it had decreased by $230 per eth, now it has begun to improve. I think the end of March will touch $300 first.
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February 27, 2020, 07:21:09 PM
 #24417

Phase 0 will help ETH to keep investors more interested in buying ETH, because of the PoS feature as a sharding (sidechain) of ETH It seems that sidechain are the new way to handle big amount of tx. Hopefully, these new updates won't take any longer as the project did in the past already.
I know phase 0 is a turning point for ETH because, in that phase, the beacon chain will be activated. But the question is when?
They kept delaying it and giving us an ambiguous answer, last year they said it could be at the end of the year and then they changed it into Q1 2020.
But their latest news said this year, it takes longer than what we expected. Is not it?
I would not be surprised to hear they will activate it next year considering the market and other stuff.
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February 27, 2020, 11:20:28 PM
 #24418

i am trying to sell some ETH at $1000 but now $500, how come nobody is buying it?!?!  Cry

I am sure if you will sell eth next year you will get much more than 500 dollars , keep all your ethereum and you will make a great profit next year! Wink

Yes, after yesterday it had decreased by $230 per eth, now it has begun to improve. I think the end of March will touch $300 first.


It could be possibile , eth is the biggest coin used , i would not be surprise if we tuch the new hight price in 2021 or end of 2020, depends on btc price too,
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February 28, 2020, 01:54:47 AM
 #24419

It could be possibile , eth is the biggest coin used , i would not be surprise if we tuch the new hight price in 2021 or end of 2020, depends on btc price too,
More precisely, ETH is the second biggest cryptocurrency, just behind Bitcoin. There is a drawback of being a big cryptocurrency (in terms of usages or liquidity) because to help price moving up, the market need very strong momentum. It is what ETH and XRP have been lack of for recent months. If you observe their price activities closely, you will easily find out the fact that whenever their prices increasing 3 to 5 percent, their prices were corrected. It is so barely to see these coins rising more than 10% recent months.

In the current altcoin season, there are many coins that have waves of 20, 30, 50 or 60 percent of rises, but ETH and XRP have not yet had such exponential growths. So I hope both ETH and XRP will have such growths next weeks.

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February 28, 2020, 04:52:35 AM
 #24420


but ETH and XRP have not yet had such exponential growths. So I hope both ETH and XRP will have such growths next weeks.
[/quote]

Both XRP and ETH are big projects that in the no distant future will grow and brings new investors and supporters in general for these 2 projects. Anything these projects are doing now it will support them with the mass adoption they are looking for in the future. Hopefully, ETH2.0 Can see the light at the end of this year.

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