Topic: Analysis ETH - page 4. (Read 9584 times)
If it reaches that price would again be upward trend, we hope it is so
Hopefully ETH will be back to 0.025-0.03BTC , my main purchase at this level.
history ETH price can reach over 0.02 , this precision price maybe reach to 0.025 bitcoin
this now ETH price in level 0.0117
so is very long time can reach to 0.025 - 0.03 bitcoin
Is there a future for Ethereum? Will we see again the price of $ 21? ETC will die if it does, right? How will Ethereum deal with inflation? The future of Ethereum would actually be or is in the hands of projects that are under your platform?
I'm waiting to buy ETH but fails to exceed 0.015 seems to stabilize
If the split between Ethereum and Ethereum Classic wasn’t definitive before, it is now.
Ethereum Classic, the project born out of rejection of Ethereum’s reversal of The DAO, hard forked today. With that, Ethereum Classic has implemented the biggest protocol change yet, and furtherdifferentiated itself from the Ethereum project.
Most importantly, the hard fork — dubbed “Die Hard” — diffused the difficulty bomb, which was set to freeze the protocol later this year. Additionally, Ethereum Classic implemented replay protection, to ensure Ethereum transactions are no longer valid on the Ethereum Classic chain and vice versa. It also adjusted technical parameters to increase the cost of certain spam attacks.
“This protocol upgrade demonstrated growing maturity of Ethereum Classic, as it's starting to blaze its own path not only in terms of ideology, but also technical choices,” Ethereum Classic’s project coordinator, “Arvicco” toldBitcoin Magazine. “Such as a commitment to staying on proof-of-work consensus for a prolonged period.”
The Difficulty Bomb
The original Ethereum protocol, as implemented by the Ethereum Foundation, included a so-called “difficulty bomb.” Baked into the software, Ethereum’s mining difficulty is programmed to increase exponentially over time. This has been unnoticeable up till now, but by around April or May of this year, it is set to increase so rapidly that mining will necessarily become unprofitable. As a result, no more blocks will be found at all, and the protocol will effectively freeze, creating an “Ice Age.”
The Ethereum Foundation implemented this difficulty bomb to force its own hand — and that of the broader Ethereum community. As outlined in its release documents, the Ethereum Foundation planned to roll out the Ethereum project in several stages, each one requiring a hard fork. The difficulty bomb was implemented to ensure that developers and the community would have to switch to a new protocol this year; eventually working toward a proof-of-stake mining algorithm known as “Casper.”
As a continuation of the original Ethereum protocol, Ethereum Classic also included that difficulty bomb. The Ethereum Classic community, however, has decided it will not follow the Ethereum Foundation road map, most notably regarding Casper. As such, there is little need for Ethereum Classic to keep the difficulty bomb, and it was removed with the Die Hard hard fork.
This gives the project more time to work on further protocol development, Arvicco said.
“Now that the most critical technical issues such as difficulty bomb and replay protection are resolved, ETC dev team will start focusing more on longer-term changes, such as monetary policy and improved platform stability and security.”
The Split
With every hard fork, there exists a risk of not everyone switching to the new protocol, in effect creating two different networks and currencies. This is how the Ethereum Classic project itself started, of course, and could happen again.
So far, however, Die Hard seems to have gone through with few holdouts. While it is too early to tell with full certainty whether the ecosystem has fully switched to the new protocol, there didn’t appear to be much opposition beforehand. A vast majority of hash power has also made the switch — though at time of writing a small number of miners hadn’t yet.
“Even though we campaigned for two weeks for everyone to upgrade, about 0.5 percent of hash power kept mining on the old chain for a while,” Arvicco said. “That was to be expected, though; with our last fork in October that was about 3 to 5 percent. So, there is progress.”
And the odds of these holdouts bootstrapping their own currency seems unlikely, Arvicco believes.
“Not unless there is a community ready to support it both in terms of participation and real money. And the prospects of such community is not good with the bomb blowing up pretty soon.”
Ethereum Classic, the project born out of rejection of Ethereum’s reversal of The DAO, hard forked today. With that, Ethereum Classic has implemented the biggest protocol change yet, and furtherdifferentiated itself from the Ethereum project.
Most importantly, the hard fork — dubbed “Die Hard” — diffused the difficulty bomb, which was set to freeze the protocol later this year. Additionally, Ethereum Classic implemented replay protection, to ensure Ethereum transactions are no longer valid on the Ethereum Classic chain and vice versa. It also adjusted technical parameters to increase the cost of certain spam attacks.
“This protocol upgrade demonstrated growing maturity of Ethereum Classic, as it's starting to blaze its own path not only in terms of ideology, but also technical choices,” Ethereum Classic’s project coordinator, “Arvicco” toldBitcoin Magazine. “Such as a commitment to staying on proof-of-work consensus for a prolonged period.”
The Difficulty Bomb
The original Ethereum protocol, as implemented by the Ethereum Foundation, included a so-called “difficulty bomb.” Baked into the software, Ethereum’s mining difficulty is programmed to increase exponentially over time. This has been unnoticeable up till now, but by around April or May of this year, it is set to increase so rapidly that mining will necessarily become unprofitable. As a result, no more blocks will be found at all, and the protocol will effectively freeze, creating an “Ice Age.”
The Ethereum Foundation implemented this difficulty bomb to force its own hand — and that of the broader Ethereum community. As outlined in its release documents, the Ethereum Foundation planned to roll out the Ethereum project in several stages, each one requiring a hard fork. The difficulty bomb was implemented to ensure that developers and the community would have to switch to a new protocol this year; eventually working toward a proof-of-stake mining algorithm known as “Casper.”
As a continuation of the original Ethereum protocol, Ethereum Classic also included that difficulty bomb. The Ethereum Classic community, however, has decided it will not follow the Ethereum Foundation road map, most notably regarding Casper. As such, there is little need for Ethereum Classic to keep the difficulty bomb, and it was removed with the Die Hard hard fork.
This gives the project more time to work on further protocol development, Arvicco said.
“Now that the most critical technical issues such as difficulty bomb and replay protection are resolved, ETC dev team will start focusing more on longer-term changes, such as monetary policy and improved platform stability and security.”
The Split
With every hard fork, there exists a risk of not everyone switching to the new protocol, in effect creating two different networks and currencies. This is how the Ethereum Classic project itself started, of course, and could happen again.
So far, however, Die Hard seems to have gone through with few holdouts. While it is too early to tell with full certainty whether the ecosystem has fully switched to the new protocol, there didn’t appear to be much opposition beforehand. A vast majority of hash power has also made the switch — though at time of writing a small number of miners hadn’t yet.
“Even though we campaigned for two weeks for everyone to upgrade, about 0.5 percent of hash power kept mining on the old chain for a while,” Arvicco said. “That was to be expected, though; with our last fork in October that was about 3 to 5 percent. So, there is progress.”
And the odds of these holdouts bootstrapping their own currency seems unlikely, Arvicco believes.
“Not unless there is a community ready to support it both in terms of participation and real money. And the prospects of such community is not good with the bomb blowing up pretty soon.”
Using Ethereum, ChronoBank Aims to Become Uber of Recruitment
The recruitment market model is broken, slowed down by intermediaries and recruiters who in many cases are not adding much value. It is time-consuming and costly for organizations to identify and hire short-term talent. Is it a market ready for disruption?
Cointelegraph caught up with Sergei Sergienko, CEO at ChronoBank, who is launching a next generation labor exchange platform (LaborX) built on Ethereum using smart contracts.
CT: So how will it work?
Sergei Sergienko: We are seeking to disrupt the short-term labour-hire sector, creating an exchange on which buyers and sellers can trade skills for time and money.
Organizations can spend more time and money securing an employee than they do on the work itself.
The LaborX exchange is built on Ethereum’s smart contracts platform, enabling workers and businesses to connect on a peer-to-peer basis. ChronoBank is a Blockchain initiative backed by Australian labor hire company Edway. We are seeking to revolutionize the short-term recruitment sector by creating decentralized mechanisms for employers to access and rank prospective employees.
By using LaborX, organizations can buy labor and acquire the skills they need directly – in much the same way that Uber connects drivers with those looking for a taxi, or the way Upwork works to allows freelancers to access work directly.
CT: How are things progressing towards launch?
SS: The LaborX exchange platform is built on Ethereum’s ground-breaking smart contracts capabilities. Although ChronoBank’s crowdfunding is still under way, a significant proportion of the critical development work has already been completed.
The rewards contract, which handles automatic payment of dividends for token-holders, has been created, as has the exchange contract that will allow trading between different token types on LaborX.
The ChronoWallet allows users to view offered rates and make trades quickly and easily. It is also possible to view amounts of Labour Hour (LH) tokens to be transferred in fiat equivalents and to switch between different currencies.
It looks like ChronoBank crowdfunding is going well. We have already raised large amounts of Bitcoins (around 1,200 Bitcoins), and quantities of other cryptocurrencies (LTC, ETH, ETC, WAVES and NEM).
The project has also received $1.1 mln in venture capital funding from AXL Strategic Partners and has the backing of Edway, a major labor-hire organization based in Australia.
The recruitment market model is broken, slowed down by intermediaries and recruiters who in many cases are not adding much value. It is time-consuming and costly for organizations to identify and hire short-term talent. Is it a market ready for disruption?
Cointelegraph caught up with Sergei Sergienko, CEO at ChronoBank, who is launching a next generation labor exchange platform (LaborX) built on Ethereum using smart contracts.
CT: So how will it work?
Sergei Sergienko: We are seeking to disrupt the short-term labour-hire sector, creating an exchange on which buyers and sellers can trade skills for time and money.
Organizations can spend more time and money securing an employee than they do on the work itself.
The LaborX exchange is built on Ethereum’s smart contracts platform, enabling workers and businesses to connect on a peer-to-peer basis. ChronoBank is a Blockchain initiative backed by Australian labor hire company Edway. We are seeking to revolutionize the short-term recruitment sector by creating decentralized mechanisms for employers to access and rank prospective employees.
By using LaborX, organizations can buy labor and acquire the skills they need directly – in much the same way that Uber connects drivers with those looking for a taxi, or the way Upwork works to allows freelancers to access work directly.
CT: How are things progressing towards launch?
SS: The LaborX exchange platform is built on Ethereum’s ground-breaking smart contracts capabilities. Although ChronoBank’s crowdfunding is still under way, a significant proportion of the critical development work has already been completed.
The rewards contract, which handles automatic payment of dividends for token-holders, has been created, as has the exchange contract that will allow trading between different token types on LaborX.
The ChronoWallet allows users to view offered rates and make trades quickly and easily. It is also possible to view amounts of Labour Hour (LH) tokens to be transferred in fiat equivalents and to switch between different currencies.
It looks like ChronoBank crowdfunding is going well. We have already raised large amounts of Bitcoins (around 1,200 Bitcoins), and quantities of other cryptocurrencies (LTC, ETH, ETC, WAVES and NEM).
The project has also received $1.1 mln in venture capital funding from AXL Strategic Partners and has the backing of Edway, a major labor-hire organization based in Australia.
I think there's still a future here.
yes but not because of the reasons you said, only because it is a manipulated coin and whales aren't done with it yet.Quote
I mean, let's not forget that ETH is still the currency with the 2nd largest market cap after bitcoin.
again it is a manipulation, because it is a fake marketcap. high amount of coins made the huge marketcap not a real thing.Quote
there is still a big potential for growth, and potential to earn big on investments.
i agree. since now bitcoin price is going down once again ETH shills may take things into their hands and start spreading FUD and pump ETH so we can make some good profit.Quote
Of course there need to be some changed and eth needs to become more attractive and popular, but as the mainstream interest for crypto and blockchain rises, I think it will come naturally
i doubt that any change can help ethereum. but i would certainly be interested to see how they can save it.
I think there's still a future here. I mean, let's not forget that ETH is still the currency with the 2nd largest market cap after bitcoin.
there is still a big potential for growth, and potential to earn big on investments.
Of course there need to be some changed and eth needs to become more attractive and popular, but as the mainstream interest for crypto and blockchain rises, I think it will come naturally
there is still a big potential for growth, and potential to earn big on investments.
Of course there need to be some changed and eth needs to become more attractive and popular, but as the mainstream interest for crypto and blockchain rises, I think it will come naturally
It gets interesting, it looks like it will suber, we'll see where
Hopefully ETH will be back to 0.025-0.03BTC , my main purchase at this level.
Until it passes the 0.015 would not be in a bullish trend
Is above 0.01
2017: When Ethereum Will Go From IT to Enterprise
Jeremy Millar began his career as one of the first Java architects at Oracle, and is now the chief instigator at blockchain firm ConsenSys, where he plays a lead in its evolving enterprise strategy.
In this CoinDesk 2016 in Review special feature, Millar discusses how he believes the community galvanizing around the ethereum blockchain will continue to grow – and gain big business support – in 2017.
Enterprise use of blockchain technology has evolved at an almost unfathomable rate over the past 24 months.
From early bitcoin experiments, to senior bankers joining startups, to the launch of the public ethereum decentralized application platform, to the many private, permissioned systems using the technology, blockchain has emerged as one of the top enterprise IT trends entering 2017.
Yet, the market has already moved beyond the incubation phase where innovators effectively build the technology along with their initial applications, and possibly beyond the early adopter phase, too.
Increasingly, mainstream enterprise IT organizations are not only educating themselves and experimenting with blockchain, they are also aiming to tackle novel use cases and complex IT challenges with the technology.
More and more frequently, our clients are asking for assistance building MVPs not PoCs, or hardening environments for production readiness.
With this whirlwind of adoption, it is also clear that certain key technologies are emerging as potential de facto standards as blockchain platforms.
Why IT loves ethereum
Ethereum is, arguably, the most commonly used blockchain technology for enterprise development today.
With more than 20,000 developers globally, the benefits of a public chain holding roughly $1bn of value, not to mention an emerging open-source ecosystem of development tools, it is little wonder that Accenture observed "every self-respecting innovation lab" is running and experimenting with it.
Cloud vendors are also supporting ethereum as a first-class citizen: Alibaba Cloud, Microsoft Azure, RedHat OpenShift, Pivotal CloudFoundry all feature ethereum as one of their, if not their primary, blockchain offering.
Why? The software is widely available and its simple to download an ethereum client; pick your favorite development environment and get going.
Ethereum is general purpose and easy to program – full stack and web developers can pick up the basics of the Solidity smart contract programming language in a matter of hours and develop initial applications in days.
Documentation is plentiful, as are code samples, deployment frameworks and training. Little wonder that so many companies are using ethereum as their blockchain of choice.
Today, enterprises are deploying private ethereum networks in or near production in areas as diverse as supply chain tracking, payments, data privacy, compliance and asset tokenization just to name a few.
Three challenges
Now certainly, we are some time away from seeing investment banks fully migrate securities clearing and settlement to ethereum networks.
That said, however, we already do see private ethereum blockchain networks in production – even in financial services.
Enterprises adopting ethereum face a number of challenges, notably:
Ethereum was developed initially for public chain deployment, where trustless transaction requirements outweigh absolute performance. The current public chain consensus algorithms (notably, proof of work) are overkill for networks with trusted actors and high throughput requirements.
Public chains by definition have limited (at least initially) privacy and permissioning requirements. Although ethereum does enable permissioning to be implemented within the smart contract and network layers, it is not readily compatible 'out of the box' with traditional enterprise security and identity architectures, or data privacy requirements.
Naturally, the current Ethereum Improvement Process is largely dominated by public chain matters, and it has been challenging for enterprise IT requirements to be prioritized within it.
As a result, many enterprises who have implemented private ethereum networks have either 'tweaked' or forked open-source implementations, or relied on proprietary vendor extensions to meet their requirements.
Some of these are extremely sophisticated and are on the cutting edge of computer science; for example: BlockApps STRATO, Hydrachain, Quorum, Parity, Dfinity and Raiden.
While understandable, and in fact until now, the only effective approach, the downsides are obvious: lack of application portability, code base fragmentation, and vendor lock-in.
Historical parallels
Not surprisingly, this has been a point of conversation for some months between enterprise tech vendors, corporate users and ethereum startups.
These discussions have expanded, with the blessing and involvement of ethereum creator Vitalik Buterin and the non-profit Ethereum Foundation, into a dedicated group of vendors where the largest corporate users and ethereum infrastructure leaders are collaborating to define a roadmap, legal structure, governance and initial technical developments.
To some extent, this parallels the paths of other significant platform technologies, such as TCP/IP and HTTP and perhaps (from a software perspective) more relevantly Java and Hadoop.
Java was never intended to be a broadly used enterprise development tool; it was in fact developed originally for interactive television (specifically set-top boxes and smart cards – who remembers Java Card?).
However, Java had many advantages for web development with database back-ends (known as web client-server or three-tier architecture): it had comprehensive web and database APIs, it provided 'write-once, run anywhere' platform portability, simplified object-oriented programming constructs with familiar syntax, and a rapidly development ecosystem.
Indeed, it was not even Sun that created Java Enterprise Edition (at that time, J2EE); it was a plucky startup (WebLogic) and a group of enterprise customers and other vendors. Similarly, Hadoop was originally created to index the web and for advertising serving.
And who knew TCP/IP would emerge into a protocol that today, literally exists everywhere?
Solutions on the way
In this way, I would argue ethereum is one of the few, indeed perhaps the only, blockchain technology with a similar trajectory and potential.
Even the early "public permissionless" vs "private permissioned" differentiation strongly echoes the Internet vs intranet deployment considerations that were so prevalent before businesses became comfortable with security and scalability issues of public infrastructure.
By banding together the key adopters, supporters and shapers of enterprise usage of ethereum, we are seeking to provide a platform not only for the technology, but also to provide the governance and tools to create a standard for 'Enterprise Ethereum'.
It is a group of builders and doers, developing sufficient governance for enterprise requirements, but not 'death by committee' and without 'pay to play'.
Some of our collaborators have noted the refreshing nature of this approach and the pace of technical progress that is achievable from working off a single standard and open-source code base.
Moreover, Enterprise Ethereum will build upon the current ethereum scaling roadmap and maintain compatibility and interoperability with public ethereum. In fact, we believe Enterprise Ethereum will soon contribute significantly to the overall development of ethereum.
Jeremy Millar began his career as one of the first Java architects at Oracle, and is now the chief instigator at blockchain firm ConsenSys, where he plays a lead in its evolving enterprise strategy.
In this CoinDesk 2016 in Review special feature, Millar discusses how he believes the community galvanizing around the ethereum blockchain will continue to grow – and gain big business support – in 2017.
Enterprise use of blockchain technology has evolved at an almost unfathomable rate over the past 24 months.
From early bitcoin experiments, to senior bankers joining startups, to the launch of the public ethereum decentralized application platform, to the many private, permissioned systems using the technology, blockchain has emerged as one of the top enterprise IT trends entering 2017.
Yet, the market has already moved beyond the incubation phase where innovators effectively build the technology along with their initial applications, and possibly beyond the early adopter phase, too.
Increasingly, mainstream enterprise IT organizations are not only educating themselves and experimenting with blockchain, they are also aiming to tackle novel use cases and complex IT challenges with the technology.
More and more frequently, our clients are asking for assistance building MVPs not PoCs, or hardening environments for production readiness.
With this whirlwind of adoption, it is also clear that certain key technologies are emerging as potential de facto standards as blockchain platforms.
Why IT loves ethereum
Ethereum is, arguably, the most commonly used blockchain technology for enterprise development today.
With more than 20,000 developers globally, the benefits of a public chain holding roughly $1bn of value, not to mention an emerging open-source ecosystem of development tools, it is little wonder that Accenture observed "every self-respecting innovation lab" is running and experimenting with it.
Cloud vendors are also supporting ethereum as a first-class citizen: Alibaba Cloud, Microsoft Azure, RedHat OpenShift, Pivotal CloudFoundry all feature ethereum as one of their, if not their primary, blockchain offering.
Why? The software is widely available and its simple to download an ethereum client; pick your favorite development environment and get going.
Ethereum is general purpose and easy to program – full stack and web developers can pick up the basics of the Solidity smart contract programming language in a matter of hours and develop initial applications in days.
Documentation is plentiful, as are code samples, deployment frameworks and training. Little wonder that so many companies are using ethereum as their blockchain of choice.
Today, enterprises are deploying private ethereum networks in or near production in areas as diverse as supply chain tracking, payments, data privacy, compliance and asset tokenization just to name a few.
Three challenges
Now certainly, we are some time away from seeing investment banks fully migrate securities clearing and settlement to ethereum networks.
That said, however, we already do see private ethereum blockchain networks in production – even in financial services.
Enterprises adopting ethereum face a number of challenges, notably:
Ethereum was developed initially for public chain deployment, where trustless transaction requirements outweigh absolute performance. The current public chain consensus algorithms (notably, proof of work) are overkill for networks with trusted actors and high throughput requirements.
Public chains by definition have limited (at least initially) privacy and permissioning requirements. Although ethereum does enable permissioning to be implemented within the smart contract and network layers, it is not readily compatible 'out of the box' with traditional enterprise security and identity architectures, or data privacy requirements.
Naturally, the current Ethereum Improvement Process is largely dominated by public chain matters, and it has been challenging for enterprise IT requirements to be prioritized within it.
As a result, many enterprises who have implemented private ethereum networks have either 'tweaked' or forked open-source implementations, or relied on proprietary vendor extensions to meet their requirements.
Some of these are extremely sophisticated and are on the cutting edge of computer science; for example: BlockApps STRATO, Hydrachain, Quorum, Parity, Dfinity and Raiden.
While understandable, and in fact until now, the only effective approach, the downsides are obvious: lack of application portability, code base fragmentation, and vendor lock-in.
Historical parallels
Not surprisingly, this has been a point of conversation for some months between enterprise tech vendors, corporate users and ethereum startups.
These discussions have expanded, with the blessing and involvement of ethereum creator Vitalik Buterin and the non-profit Ethereum Foundation, into a dedicated group of vendors where the largest corporate users and ethereum infrastructure leaders are collaborating to define a roadmap, legal structure, governance and initial technical developments.
To some extent, this parallels the paths of other significant platform technologies, such as TCP/IP and HTTP and perhaps (from a software perspective) more relevantly Java and Hadoop.
Java was never intended to be a broadly used enterprise development tool; it was in fact developed originally for interactive television (specifically set-top boxes and smart cards – who remembers Java Card?).
However, Java had many advantages for web development with database back-ends (known as web client-server or three-tier architecture): it had comprehensive web and database APIs, it provided 'write-once, run anywhere' platform portability, simplified object-oriented programming constructs with familiar syntax, and a rapidly development ecosystem.
Indeed, it was not even Sun that created Java Enterprise Edition (at that time, J2EE); it was a plucky startup (WebLogic) and a group of enterprise customers and other vendors. Similarly, Hadoop was originally created to index the web and for advertising serving.
And who knew TCP/IP would emerge into a protocol that today, literally exists everywhere?
Solutions on the way
In this way, I would argue ethereum is one of the few, indeed perhaps the only, blockchain technology with a similar trajectory and potential.
Even the early "public permissionless" vs "private permissioned" differentiation strongly echoes the Internet vs intranet deployment considerations that were so prevalent before businesses became comfortable with security and scalability issues of public infrastructure.
By banding together the key adopters, supporters and shapers of enterprise usage of ethereum, we are seeking to provide a platform not only for the technology, but also to provide the governance and tools to create a standard for 'Enterprise Ethereum'.
It is a group of builders and doers, developing sufficient governance for enterprise requirements, but not 'death by committee' and without 'pay to play'.
Some of our collaborators have noted the refreshing nature of this approach and the pace of technical progress that is achievable from working off a single standard and open-source code base.
Moreover, Enterprise Ethereum will build upon the current ethereum scaling roadmap and maintain compatibility and interoperability with public ethereum. In fact, we believe Enterprise Ethereum will soon contribute significantly to the overall development of ethereum.
The momentum is strong
Would the worst happen for ETH, it seems that if everything depends on how it is tested BTC
http://fs5.directupload.net/images/170106/ffqy3xz6.png
http://fs5.directupload.net/images/170106/ffqy3xz6.png
According to the graphs shown previously that is not moving upwards, really it should reach to 0.01 that we have think ETH has moved to upword. Right now ETH is completely distress position, to regain it's position it may take some time.
Vitalik Buterin: Bitcoin More Likely Than Ethereum To Intentionally Fork In 2017
Vitalik Buterin, co-founder of Ethereum, believes bitcoin is more likely than Ethereum to have an intentional split in 2017, according to a tweet he posted in response to a tweet about the United Arab Emirates choosing Ethereum over bitcoin for a real estate pilot program. Ragnar Lifthrasir, chairman of the International Blockchain Real Estate Association, had tweeted the UAE is being irresponsible by using Ethereum because it is too unproven, too mutable and unstable compared to bitcoin to be used as a real estate database.
Vitalik Buterin, co-founder of Ethereum, believes bitcoin is more likely than Ethereum to have an intentional split in 2017, according to a tweet he posted in response to a tweet about the United Arab Emirates choosing Ethereum over bitcoin for a real estate pilot program. Ragnar Lifthrasir, chairman of the International Blockchain Real Estate Association, had tweeted the UAE is being irresponsible by using Ethereum because it is too unproven, too mutable and unstable compared to bitcoin to be used as a real estate database.
It is quite possible. So Etheruem is safer.
Like russian.
So we will be close from the intentionally fork. But we have the result of the ether price right now. Totally pos was already blowing us into the sky.
But we will see about the result of ether development.
Vitalik Buterin: Bitcoin More Likely Than Ethereum To Intentionally Fork In 2017
Vitalik Buterin, co-founder of Ethereum, believes bitcoin is more likely than Ethereum to have an intentional split in 2017, according to a tweet he posted in response to a tweet about the United Arab Emirates choosing Ethereum over bitcoin for a real estate pilot program. Ragnar Lifthrasir, chairman of the International Blockchain Real Estate Association, had tweeted the UAE is being irresponsible by using Ethereum because it is too unproven, too mutable and unstable compared to bitcoin to be used as a real estate database.
Vitalik Buterin, co-founder of Ethereum, believes bitcoin is more likely than Ethereum to have an intentional split in 2017, according to a tweet he posted in response to a tweet about the United Arab Emirates choosing Ethereum over bitcoin for a real estate pilot program. Ragnar Lifthrasir, chairman of the International Blockchain Real Estate Association, had tweeted the UAE is being irresponsible by using Ethereum because it is too unproven, too mutable and unstable compared to bitcoin to be used as a real estate database.
It is quite possible. So Etheruem is safer.
Ethereum Price Technical Analysis – ETH/USD Eyeing $12.00?
Ethereum price maintained its bullish tone against the US Dollar and Bitcoin. ETH/USD now looks set for further gains may be towards $12.00.
http://s3.amazonaws.com/main-newsbtc-images/2017/01/05035904/Ethereum3-825x510.png
Key Highlights
ETH price surged past more resistances against the US Dollar and traded above the $11.10 resistance.
There is a new tiny connecting bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a support on the downside.
The price may continue to gain pace, and could even head higher towards the $12.00 handle.
Ethereum price maintained its bullish tone against the US Dollar and Bitcoin. ETH/USD now looks set for further gains may be towards $12.00.
Ethereum Price Upside Surge
There was no stopping the ETH buyers, as the ETH price surged past the $11.10 resistance area against the US Dollar. The ETH/BTC pair was seen trading higher, and moved above the 0.010BTC level. Yesterday, there was a minor dip in ETH/USD, taking the price towards the 23.6% Fib retracement level of the last wave from the $7.95 low to $9.73 high. The stated fib level acted as a support and helped the price in moving higher once again.
The price surged higher and broke the swing level at $9.80. The upside move was such that the price climbed above the $11.00 handle. It also cleared the $11.10 resistance area, and traded as high as $11.40. The ETH/USD pair is currently finding offers near the $11.40 resistance area. So, it may dip a few points before continuing higher. An initial support on the downside is around the 23.6% Fib retracement level of the last wave from the $9.13 low to $11.40 high.
http://s3.amazonaws.com/main-newsbtc-images/2017/01/05035904/Ethereum3-1024x459.png
Moreover, there is also a new tiny connecting bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD. As long as the price is above the $11.00 handle, one may consider buying on dips.
Hourly MACD – The MACD extended momentum in the bullish slope.
Hourly RSI – The RSI has reached the overbought levels, but still there is no sign of a correction.
Major Support Level – $11.00
Major Resistance Level – $11.40
Ethereum price maintained its bullish tone against the US Dollar and Bitcoin. ETH/USD now looks set for further gains may be towards $12.00.
http://s3.amazonaws.com/main-newsbtc-images/2017/01/05035904/Ethereum3-825x510.png
Key Highlights
ETH price surged past more resistances against the US Dollar and traded above the $11.10 resistance.
There is a new tiny connecting bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a support on the downside.
The price may continue to gain pace, and could even head higher towards the $12.00 handle.
Ethereum price maintained its bullish tone against the US Dollar and Bitcoin. ETH/USD now looks set for further gains may be towards $12.00.
Ethereum Price Upside Surge
There was no stopping the ETH buyers, as the ETH price surged past the $11.10 resistance area against the US Dollar. The ETH/BTC pair was seen trading higher, and moved above the 0.010BTC level. Yesterday, there was a minor dip in ETH/USD, taking the price towards the 23.6% Fib retracement level of the last wave from the $7.95 low to $9.73 high. The stated fib level acted as a support and helped the price in moving higher once again.
The price surged higher and broke the swing level at $9.80. The upside move was such that the price climbed above the $11.00 handle. It also cleared the $11.10 resistance area, and traded as high as $11.40. The ETH/USD pair is currently finding offers near the $11.40 resistance area. So, it may dip a few points before continuing higher. An initial support on the downside is around the 23.6% Fib retracement level of the last wave from the $9.13 low to $11.40 high.
http://s3.amazonaws.com/main-newsbtc-images/2017/01/05035904/Ethereum3-1024x459.png
Moreover, there is also a new tiny connecting bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD. As long as the price is above the $11.00 handle, one may consider buying on dips.
Hourly MACD – The MACD extended momentum in the bullish slope.
Hourly RSI – The RSI has reached the overbought levels, but still there is no sign of a correction.
Major Support Level – $11.00
Major Resistance Level – $11.40
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