Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 1067. (Read 2007090 times)

hero member
Activity: 2072
Merit: 528
❤ Bitcoin Garden
January 28, 2016, 12:48:49 PM
Will Ethereum Market Capitalization be over $200M at the end of 1st half 2016? Yes or no? Dare to bet in Bitcoin?
https://www.betmoose.com/bet/ethereum-over-200m-market-cap-end-of-1st-half-2016-1516?ref=scacco
hero member
Activity: 979
Merit: 510
January 28, 2016, 12:01:16 PM
I've been looking around for hours and can't find an updated working GPU Pool Miner for Ubuntu 14
http://spacience.blogspot.de/2015/05/ethereum-gpu-mining-ubuntu-1404-lts.html and it's new updated article both seem to be using outdated methods.
I do have ether proxy installed, but giving errors when ran.
https://github.com/sammy007/ether-proxy
I do have geth, but wanting to mine on a pool.
https://github.com/ethereum/go-ethereum/wiki/Mining
Checked here as well:
https://forum.ethereum.org/categories/mining
and here:
https://github.com/ethereum/cpp-ethereum/wiki#installing-cpp-ethereum-on-ubuntu-1404-64-bit
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
January 28, 2016, 11:56:01 AM

Every investment has its risk factors, but the point is that Ethereum unlike Bitcoin is not only a currency, it is a whole platform that you can build anything on, it was created with its own language to make smart contracts, ETH the currency is the "fuel" you need for anything to do on the netwrok, in the other hand Bitcoin for now can do only one thing, it has only one application which is "digital cash".

That is exactly one of the points that makes Ethereum so much useful than Bitcoin. You can make your own dapps, and even issue your own assets all done with the power of smart contracts. Another good thing about ETH is that it is ASIC resistant, which makes it an even better choice of mining than Bitcoin. Maybe someday, Ethereum will replace Bitcoin.  Roll Eyes
sr. member
Activity: 392
Merit: 250
the Cat-a-clysm.
January 28, 2016, 10:50:48 AM
be carefully, price down to fibo 50% then up 61.2% and close above 61.2%(4-h). can be retest 700k, but then 0.004
Your previous prediction was true.
Now, we are at 700k, what do you think? will go up or down?

Up because Bitcoin prices are struggling to stay above $400 US.  This is because the bitcoin community is very divided currently with the soft or hard fork decision.  To be exact some don't even want to make a changes at all!  Ethereum is looking to solve the main enemy of Bitcoin aka scalability!!!!


ETH too much action, needs a break to take a breather. short term is sideways, maybe a little down, and then up up up for the long term.
hero member
Activity: 518
Merit: 500
Enjoying the ups & downs of Cryptocurrency!
January 28, 2016, 10:08:28 AM
be carefully, price down to fibo 50% then up 61.2% and close above 61.2%(4-h). can be retest 700k, but then 0.004
Your previous prediction was true.
Now, we are at 700k, what do you think? will go up or down?

Up because Bitcoin prices are struggling to stay above $400 US.  This is because the bitcoin community is very divided currently with the soft or hard fork decision.  To be exact some don't even want to make a changes at all!  Ethereum is looking to solve the main enemy of Bitcoin aka scalability!!!!
hero member
Activity: 824
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
January 28, 2016, 08:13:08 AM
be carefully, price down to fibo 50% then up 61.2% and close above 61.2%(4-h). can be retest 700k, but then 0.004
Your previous prediction was true.
Now, we are at 700k, what do you think? will go up or down?
sr. member
Activity: 298
Merit: 267
January 28, 2016, 08:10:24 AM
0.00703700 done. Next 0.008 and up and up.

use -fast in geth for fast blockhain download or try GUI wallet https://github.com/ethereum/mist/releases
legendary
Activity: 1456
Merit: 1022
January 28, 2016, 08:01:35 AM
Where can i download blockhain file?
full member
Activity: 126
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
January 28, 2016, 06:25:55 AM
So nice to see Ethereum strong in all fronts. Dapps are pushing forward their development Cheesy

That is the most important for the value of Ethereum. Without further development, Ethereum is just a scam coin.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
January 28, 2016, 04:55:39 AM
Since it's changed a lot can someone please give the current ETH emission rates? How much exists, how much will exist, is there a current limit, etc. It has been confusing to understand. I'd appreciate it if someone would break it down for me. Thank you.

Yes, it has changed a lot. At the beginning, the supply was supposed to be limitless but then devs have decided for a hard cap with the introduction of POS. There will be at the end between 90 and 100 million with a very, very small yearly inflation of about 1%, if I am not mistaking about the inflation part.

Links are online, mostly on Ethereum blog. I don't have time at the moment to dig through and post the links. Maybe somebody will do this instead of me!



Thanks. How many ETH currently exist approximately?
OK, some basic information, Ethereum is a good bit different than what you are used to with Bitcoin and its copy cats, this get most Crypto enthusiast/investors that are used to Bitcoin a little confused, you have to forget about most of what you already learned about Bitcoin when dealing with Ethereum:

- Ethereum similarly uses PoW, soon it will be PoS but don't worry take it a step at a time and you will get it all, it also uses its own hashing algorithm, The block reward is 5 ETH and blocks are generated in average of  17 seconds...  you can check network live stats here.
- There is around 76.5 Million ETH, 60,102,216 were sold in its known IPO. you can check market cap stats here.
- Ethereum also relies on nodes for verifying its contracts/transactions. you can check node stats here.
- Ethereum network (not only price) is growing at a crazy rate, you can check stats here.

Will Ethereum face the same problem of scalability like Bitcoin ? I was reading the white paper and came across this:
Quote
"Ethereum is likely to suffer a similar growth pattern, worsened by the fact that there will be many applications on top of the Ethereum blockchain instead of just a currency as is the case with Bitcoin, but ameliorated by the fact that Ethereum full nodes need to store just the state instead of the entire blockchain history"

Ethereum code is really huge, I didn't have time to study it my self so I went to the Gitter channel of Ethereum devs and I asked this :


Every investment has its risk factors, but the point is that Ethereum unlike Bitcoin is not only a currency, it is a whole platform that you can build anything on, it was created with its own language to make smart contracts, ETH the currency is the "fuel" you need for anything to do on the netwrok, in the other hand Bitcoin for now can do only one thing, it has only one application which is "digital cash".
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
January 28, 2016, 04:31:58 AM
Since it's changed a lot can someone please give the current ETH emission rates? How much exists, how much will exist, is there a current limit, etc. It has been confusing to understand. I'd appreciate it if someone would break it down for me. Thank you.

Yes, it has changed a lot. At the beginning, the supply was supposed to be limitless but then devs have decided for a hard cap with the introduction of POS. There will be at the end between 90 and 100 million with a very, very small yearly inflation of about 1%, if I am not mistaking about the inflation part.

Links are online, mostly on Ethereum blog. I don't have time at the moment to dig through and post the links. Maybe somebody will do this instead of me!



Thanks. How many ETH currently exist approximately?

http://coinmarketcap.com/
legendary
Activity: 2156
Merit: 1070
January 28, 2016, 04:03:57 AM
Since it's changed a lot can someone please give the current ETH emission rates? How much exists, how much will exist, is there a current limit, etc. It has been confusing to understand. I'd appreciate it if someone would break it down for me. Thank you.

Yes, it has changed a lot. At the beginning, the supply was supposed to be limitless but then devs have decided for a hard cap with the introduction of POS. There will be at the end between 90 and 100 million with a very, very small yearly inflation of about 1%, if I am not mistaking about the inflation part.

Links are online, mostly on Ethereum blog. I don't have time at the moment to dig through and post the links. Maybe somebody will do this instead of me!



Thanks. How many ETH currently exist approximately?
legendary
Activity: 1188
Merit: 1001
January 28, 2016, 02:15:53 AM
price will stabilize who knows is waiting for 50-100 dollars, after taking profits is the only thing to expect.
 is my only viable point of view on ETH.
sr. member
Activity: 446
Merit: 251
January 27, 2016, 11:59:10 PM
So nice to see Ethereum strong in all fronts. Dapps are pushing forward their development Cheesy
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
January 27, 2016, 02:26:55 PM
I never hold altcoins even for medium-term. I only go in when I see the pump and jump out when I see the start of dumping. I think it's late for Ether but maybe speculators think different. I'm watching from far away right now.

people like you are the reason for the rollercoasters...
legendary
Activity: 2982
Merit: 1485
January 27, 2016, 01:00:15 PM
They started dumping Ethereum. Is it the end of pump? We haven't seen a big dump yet but price is declining slowly. %6 loss for last 24 hours. I think it's too late to jump in the ship.

I think a good time to get in is if it falls in the 550-590k range.  Also, it depends if you are day trader or holder?

I never hold altcoins even for medium-term. I only go in when I see the pump and jump out when I see the start of dumping. I think it's late for Ether but maybe speculators think different. I'm watching from far away right now.
hero member
Activity: 494
Merit: 500
January 27, 2016, 12:56:26 PM
They started dumping Ethereum. Is it the end of pump? We haven't seen a big dump yet but price is declining slowly. %6 loss for last 24 hours. I think it's too late to jump in the ship.

I think a good time to get in is if it falls in the 550-590k range.  Also, it depends if you are day trader or holder?
legendary
Activity: 2982
Merit: 1485
January 27, 2016, 12:49:05 PM
They started dumping Ethereum. Is it the end of pump? We haven't seen a big dump yet but price is declining slowly. %6 loss for last 24 hours. I think it's too late to jump in the ship.
hero member
Activity: 518
Merit: 500
Enjoying the ups & downs of Cryptocurrency!
January 27, 2016, 11:34:24 AM
How do I backup my wallet on this Windows version of Mist?
BTW is it the MANIFEST file that I make a copy of and save?

keystore folder and NEVER LOSE YOUR PASSWORD.

C:\Users\johndoe\AppData\Roaming\Ethereum

Thanks!

I have another question for you and the Ethereum community.

Once I have send some ETH from bittrex to the Mist wallet should I send the Ethereum that is in my "Accounts wallet" to my "Contract Based Wallet"?

You can do it, but your coins will be safe as well if you just leave them in your account. Somebody correct me if I am wrong though.

I have moved them to a contract based wallet.

Word of advice here, if you do move them to a contract based wallet, some exchanges don't allow direct transfers from contract wallet. I had a deposit stuck with Kraken by sending the coins directly from the contract wallet. You need to move them first to your account and then send them out further.
Thanks for the Word of advice!  This has saved me from all kinds of stress.  This should be a highlighted topic!  As the community grows more individuals will come across this issue.  The last thing we would want is for people to use this to fud Ethereum.
Jump to: