Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 1052. (Read 2007090 times)

legendary
Activity: 2856
Merit: 1075
February 12, 2016, 08:31:06 PM
The price suddenly fell below 6$. Any idea? 

bitcoin is rising. that could trigger a bigger correction.
maybe more btc has been bought to change into....E to the T to the H   muahahaahaa
ImI
legendary
Activity: 1946
Merit: 1019
February 12, 2016, 08:26:39 PM
The price suddenly fell below 6$. Any idea? 

bitcoin is rising. that could trigger a bigger correction.
legendary
Activity: 2856
Merit: 1075
February 12, 2016, 08:25:32 PM
The price suddenly fell below 6$. Any idea? 
miners,day traders,margins,noobs,lol
very soon all will be like  Huh  not again,lol please stop going......up,lol...btw cheers for fillin up some of my trapz, rockets almost refuelled  Shocked Shocked Shocked Shocked Shocked  hope nobody here has a heart condition  Tongue
full member
Activity: 190
Merit: 100
February 12, 2016, 08:15:45 PM
The price suddenly fell below 6$. Any idea? 
legendary
Activity: 2856
Merit: 1075
February 12, 2016, 08:07:20 PM
newbie
Activity: 18
Merit: 0
February 12, 2016, 07:43:52 PM
BUMP!

Question about http://www.myetherwallet.com

It says you can import your .json, can you decide how much of your stack you will transfer or does it import all your ethers at once?

legendary
Activity: 2674
Merit: 1029
February 12, 2016, 06:43:22 PM
I know doge went unlimited supply to deal with lost coins and quell the "muh can not have hard cap, economics"

however the hard cap I think is absolutely necessary because humans understand that concept easily as to evaluating the scarcity. It easy. No more.

The slow inflation model is much harder for people to evaluate. They don't feel pressure to invest or get their bit.

>Further btc tech is unique as you can deal with the need for more money supply in a manner that no other system can or has to date. You can simply split the currency into smaller parts everywhere at once. You can't do this with gold, physical notes and much of the legacy current banking system.


legendary
Activity: 2436
Merit: 1561
February 12, 2016, 05:35:20 PM

I guess that unknown is still unknown and I don't know will supply ever be fixed. What I have gotten from my research is that Vitalik is for a tiny inflation at the moment while some other devs are more for fixed supply.

Thanks. That's what I thought, just wanted to make sure. That's why I'm surprised by this pump when the supply model is not quite decided on.

I'm guessing there won't be a hard cap. Small, fixed inflation is way better if the currency is meant to be actively used, but it doesn't create much comfort for the long-term, passive holders.

Ps. I think you're confusing 'fixed supply' with hard cap/limited supply, pretty much every crypto have fixed supply (fixed, non-flexible rule of issuing new coins, whether hard-caped or not).
sr. member
Activity: 260
Merit: 250
February 12, 2016, 05:01:53 PM

I'm not up to date with ETH affairs - have they decided yet on the supply model? Will there be a hard cap like in BTC or will it be inflationary?

This is the latest plan, to have a fixed supply. Everything is explained in this thread:

https://bitcointalksearch.org/topic/m.13750830

"Fixed supply" is a very misleading term, what I'm looking for is whether ETH will be limited (like Bitcoin's 21m cap) or will it be unlimited with tiny inflation. Is there anything more recent than this post:

https://www.reddit.com/r/ethereum/comments/410ifx/so_is_the_number_of_ethereum_coins_going_to_be/cyz08wo

Quote
...
    what will be the inflation rate

Unknown. I'm aiming for 3-30x lower than PoW but we'll see.

In other words: is the 'Unknown' still unknown?

I guess that unknown is still unknown and I don't know will supply ever be fixed. What I have gotten from my research is that Vitalik is for a tiny inflation at the moment while some other devs are more for fixed supply.
legendary
Activity: 1176
Merit: 1017
February 12, 2016, 04:50:27 PM
unreal volume. not just on polo, but all other exchanges.

Ethereum also has the largetst volume in Bitterex. The rise is supported by large volume.

Any idea of the next peak price? $10?

Ethereum keeps growing in volume on different exchanges. I have no doubt that it would reach $10 or more in the next months. Just wait for 1 or 2 years and you will see when 1 ETH will be equal to 1 BTC. Do you think this might be possible?  Roll Eyes

Anyways, I think it is best to buy more ETH while you still can since I doubt that the price will go any lower. By the looks of it, seems that it will just keep going up and up all the way to the moon slowly but steady.  Grin

no , in 1-2 years it could be 4btc for 1eth  Grin
i posted this in another forum yesterday..


The btc tech is old. If you look at all digital technolgies they always have huge evolution progress every 5-10 years. BTC cant go much further, the journey is coming to an end.
Think, kazaa,limewire were awesome now we all use torrents.
Nokia was top of the mobile game now its apple
msn messenger,myspace were years ahead of the compettion now we all use facebook.
i could give examples all day long.

By 2023 we will be living in a very different world. Cryptographic money may be common, but the layman will not know that he's using it. This money, however, is not Bitcoin . After years of failing to adapt,to its rapidly advancing technological environment, BTC slowly fizzles out into obsolescence.
But the vision of Satoshi is not forgotten. The very meaning of the word "cryptocracy" is being flipped on it's head. The shadow government is loosing its grip on the people, cryptography and blockchain technologies are not only empowering people to take control of their wealth, but also to make their voices heard. True democracy is enabled through the means of provably fair voting systems and smart contracts. Now there is no need for trust, and thus no need for representatives. The people take back the power and are able to govern the world by majority consensus for the first time in history.
Bitcoin will go down in the history books as one of the first stepping stones to the new society. It is a pioneer and we learned a valuable lesson along the way: to once again never trust a single group with the control of the money supply.

https://www.tradingview.com/chart/BNC1/BLX/YFDnalUh-The-Road-to-Obsolescence-A-Seven-Year-Cycle-in-Bitcoin/        Tongue

I'm an Ethereum holder, but this talk of 1 BTC to 1 ETH is really out there. For one, we are comparing apples and oranges here. I see BTC first as a store of value. Ethereum, at least for a while longer, is really going to be producing more Ethers. Maybe it can be a store of value but I think it much more likely that ETH fuels online apps and the store of value will come from a token written on top of Etherium. But I am open to the unexpected, a bit later down the road.

I do say we have no idea what is coming. I am really excited to see what will be built on top of Ethereum but also Bitcoin for that matter. For sure companies are getting behind Ethereum but a Billion dollars in investment went into the BTC infrastructure last year.

And if Ether are worth the same or more than BTC, that is ok, quite easy to cover yourself in that case. If you have 10 BTC, you can buy 10 Ether for a fraction of a BTC. There is your hedge.

In the end it will be about sharing though,
Its about sharing

Augurs REPUTATION token had a 24 hr high of 0.9 BTC yesterday so it's not all that unimaginable to see ETH hit that same same mark:

https://www.reddit.com/r/Augur/comments/457qg5/rep_goes_up_to_09btc_per_unit_on_garecoin/

Afterall, Augur is using the Ethereum platform, so is it really ALL that far out there?
legendary
Activity: 2436
Merit: 1561
February 12, 2016, 04:46:59 PM

I'm not up to date with ETH affairs - have they decided yet on the supply model? Will there be a hard cap like in BTC or will it be inflationary?

This is the latest plan, to have a fixed supply. Everything is explained in this thread:

https://bitcointalksearch.org/topic/m.13750830

"Fixed supply" is a very misleading term, what I'm looking for is whether ETH will be limited (like Bitcoin's 21m cap) or will it be unlimited with tiny inflation. Is there anything more recent than this post:

https://www.reddit.com/r/ethereum/comments/410ifx/so_is_the_number_of_ethereum_coins_going_to_be/cyz08wo

Quote
...
    what will be the inflation rate

Unknown. I'm aiming for 3-30x lower than PoW but we'll see.

In other words: is the 'Unknown' still unknown?
legendary
Activity: 1245
Merit: 1004
February 12, 2016, 04:30:38 PM
polo exchange hella slow...looks like its getting flooded with new $$$

Hence the "504: Gateway time-out". In a way I exspected more load on Polo afterwards Crypsty biten the dust.
Consider moving to Kraken or Gatecoin, even if there's not the same Trollbox. Load ballancing.
sr. member
Activity: 260
Merit: 250
February 12, 2016, 04:26:54 PM

I'm not up to date with ETH affairs - have they decided yet on the supply model? Will there be a hard cap like in BTC or will it be inflationary?

This is the latest plan, to have a fixed supply. Everything is explained in this thread:

https://bitcointalksearch.org/topic/m.13750830
legendary
Activity: 2436
Merit: 1561
February 12, 2016, 03:55:40 PM

I'm not up to date with ETH affairs - have they decided yet on the supply model? Will there be a hard cap like in BTC or will it be inflationary?
newbie
Activity: 18
Merit: 0
February 12, 2016, 12:27:04 PM
Question about http://www.myetherwallet.com

It says you can import your .json, can you decide how much of your stack you will transfer or does it import all your ethers at once?
hero member
Activity: 599
Merit: 500
February 12, 2016, 11:00:22 AM
ETH mining lotto group: https://bitcointalk.org/index.php?topic=1360004.topicseen .
98 spots left.
Daily jackpot ~50$ ( amount will increase if we will have more miners )
Minimum to join: 15 MH/s ( amd 270x and up )
You will be paid in BTC (but i can also pay you the jackpot in ETH ).
It's simple start mining for me and every day one miner will receive jackpot.

hero member
Activity: 966
Merit: 1003
February 12, 2016, 10:59:27 AM
Does Vitalik even lift though?

He needs to start lifting and eating in order to build some muscle before I invest a cent.

I'd estimate he probably benches his own weight quite easily.
hero member
Activity: 494
Merit: 500
February 12, 2016, 10:53:39 AM
Does Vitalik even lift though?

He needs to start lifting and eating in order to build some muscle before I invest a cent.

lol.....he maybe getting that protein in  Shocked
hero member
Activity: 494
Merit: 500
February 12, 2016, 10:52:12 AM
polo exchange hella slow...looks like its getting flooded with new $$$
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