Topic: [ANN] Ethereum: Welcome to the Beginning - page 1048. (Read 2007067 times)

Unless you close the source, otherwise others just use "git pull" to catch up with all the updates you make.
The only thing left to protect Etherium is just user base, just like any open source project. I don't think this protection alone can protect ETH to rise to $100.

But that still doesn't make it Ethereum, just like LTC or NMC isn't Bitcoin.
It's all about the size of the userbase and development. Clones will always be a step behind on ETH development.

This is a good news, but 100K transactions per second seems really unrealistic for a distributed system. Really need to check their papers carefully for me to believe this number.

The point is that you cannot use any BTC clone as BTC, but you can run any script or contract on an Etherium clone.

Hi, from what I have gathered from the official Ethereum blog posts is that once Ethereum have been scaled to capeable of handling 100000 transactions per second as opposed to now 10-20 transactions per second the "gas price" or simply in other words the ETH you pay for block space will go down of equal proportion. That is what my logic tells it should be since then there will be so much more block space so transactions should be cheaper, but I am not 100% sure this is how the Ethereum protocol will work it could be wrong assumption or can someone confirm this?

Shards implementation will be very interesting if Vitaliks theory works.

I think, that Bitcoin has currently more clones, than Ethereum.

That's what I said.
Was talking about Bitcoin

Kodak missed the rise of new technology.

Ethereum is new technology.

Unless something bigger than crypto currencies take over, I think Ethereum will not likely end up as Kodak.

I don't think ETH is competing with BTC. I think they are different things. BTC is coin, Etherium is like iOS, an operating system. ETH is just like the charge on usage on all iOS programmer and users. Now my question is, how to prevent someone creates an iOS clone? it's even not like Android, which cannot run iOS apps. It is a real clone and can run all Apps with much lower fees. There's no law can protect Etherium in this case. That's my biggest concern.

You could be right... or you could be the next Kodak...

BTC is different.

1, the main usage of BTC is payment and store of value, not fuel of smart contract. only transferring costs money.
While ETH is need to do everything related in smart contracts, much more than transferring.

2, more importantly, as a PoW coin, there's no possibility to clone a BTC due to its huge hashing rate.
While Etherium can be easily copied after it changed to PoS.

Ethereum certainly has some team members who are fully committed to the Foundation.

It goes as far as they invest all their money themselves into ETH. A very good sign imo.

Bitcoin doesn't run dAps

Time will show :-)

Ethereum works in concert with Bitcoin, this is not a pissing competition.

Maybe you just discovered today and you think, “hmmm, did I miss the big rise?”

In short. NO FUCKING WAY.

There are large cap stocks, mid cap, and small cap stocks. All these categories are stocks greater than billion dollars. There are also micro-cap stocks, those from $2 billion to $50 million.

Ether has market cap is under 500 Million

In other words, Ethereum Market cap in on the low end of New York stock exchange's “Micro-cap” stocks.

But ETH is not so limited in participants. The entire world can participate in ETH (well except much of China, but we know that will change eventually).

More importantly, Ethereum’s Market cap is about what you would expect of a pharmaceutical company that has limited products (often only one product), and all products are still in clinical trials. In other words, much like Ethereum, they are companies that are still experimenting, and are high risk, but could hit it big if one of their medications are discovered to actually work. Ethereum is much more than one or a handful of experiments in "clinical trials". In fact, it has a developer community diving dApps. Speculatively, in this respect, Ethereum is less risky than a young pharmaceutical company dependent on it handful of employees, hoping that one of their very few products make it big.

Examples:

Ionis Pharmaceuticals Inc = 3.8 billionKite Pharma Inc = ~2 billionPeregrine Pharma = ~200 million

But where COULD ETH be in the coming year, with dapp releases? While speculative, think about the current market of traditional private ventures and compare that to where a world accessible dapp might sit.

Examples, with market caps:

Apple = ~$600 billionJPMorgan Chase = ~$200 billionAlibaba = ~$150 billionVisa = ~155 billionBank of America = ~116 billionAdobe Systems = $40 billionPaypal = $40 billioneBay - $30 billionLinkedIn Corp = $13 billionAflac = ~$25 billionTwitter = ~$10 BillionWestern Union = $9 billion

AND then remember ETH is less the single company, and more the entire foundation for ALL THOSE dapps.

Also, ETH could be a player in the market of a number of interesting companies that come to mind (both dapp and traditional). Remember, ETH is a public world resource, while in contrast, traditional companies are limited to more privileged investors. Aka, Ethereum has created a new market, and in a very bullish way, ETH is bigger, much, much, bigger, than any other asset/token/coin we've ever seen.

Ethereum will not take over Bitcoin, at least in the medium term. There are many people building infrastrucutres for bitcoin. Ethereum is still new.

I tend to agree, this price is really high as it is.
I am trying to pick a low to trade back in but that is tricky. It has alot of price to shed would hate to be hodling it when it goes pop

Iv never read so much dribble in my life, eth will never take over btc`s position your priced in btc you muppets.

Its nothing but a hype coin that's gonna end up burning alot of people in the end.. yer i said it and i stand by it, 4 year vet talking here that's seen and heard it all before!!

any prediction how augur will impact on ETH price?