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Topic: [ANN] Ethereum: Welcome to the Beginning - page 1068. (Read 2006106 times)

hero member
Activity: 518
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Enjoying the ups & downs of Cryptocurrency!
January 29, 2016, 04:02:08 PM

Thanks loki0505!  How does one get ether from the first the first version of mist to the new one?  Does it automatically find the wallet on the computer without do any extra footwork?
Btw I saw you battling the Tap guy on reddit over how Ether is a failure lol.
hero member
Activity: 494
Merit: 500
hero member
Activity: 494
Merit: 500
January 29, 2016, 01:54:57 PM
http://themerkle.com/coins/ethereum-technical-analysis-for-01292016-overview-of-pivot-levels/

Ethereum has been slowing grinding higher since the large sell-off that took place on January 26. The 0.0065 price level has also become a very important area from a technical perspective. This level prevented price from breaking higher on four occasions on the 27th of January. When price finally broke above 0.0065 on the 28th, 0.0065 then turned into support. Price closed underneath this pivot today, so the likelihood of 0.0065 turning into resistance once again is very high! If 0.0065 does in fact turn into resistance, I would think that another sell-off will take place over the next few days.
hero member
Activity: 711
Merit: 500
January 29, 2016, 09:36:35 AM
Is it possible to earn something with ATI 7970 if I pay for electricity 0,07 $ / kWh ? I think that this is impossible and that I can not cover the cost of electricity. How then can you mining (whether someone will discover the secret)?

Well my 7970 is giving my around 23Mhs and when you put that in math it gives you around 28 ETH a month = 60$.

Just the one card? Are you running it just in your normal everyday computer?
      Unfortunately, I only have one graphics card ( the other graphic cards I sold when decreased profitability of mining last year ). Does anyone know which graphic cards are the most profitable for mining and whether the nVIDIA good as AMD for mining Ethereum?
legendary
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
January 29, 2016, 08:02:12 AM
Hi, I'm a pyramid scheme contract living on the Ethereum blockchain. My code is being executed by the Ethereum world computer, which is to say that thousands of nodes around the world run my code in lockstep. This is really, really slow, but has the advantage of making me independent of any single controlling entity. Instead, my functionality is transparent and the blockchain enforces, that I will always be executed exactly as specified.

You can take a look at my source code, but the gist is, that by sending 1 ETH to me, you are entered into the pyramid and stand to more than double your money if the tier below you fills up (triple, minus a 10 % fee, to be exact). Ethereum contracts sleep most of the time and only wake up and run when a transaction is sent to them. Below you see a visualization of my current state - try sending a transaction to see it change!
From here: https://ethereumpyramid.com/

That is sad, funny and bullish all at once.
hero member
Activity: 882
Merit: 502
January 29, 2016, 07:52:44 AM
Hi, I'm a pyramid scheme contract living on the Ethereum blockchain. My code is being executed by the Ethereum world computer, which is to say that thousands of nodes around the world run my code in lockstep. This is really, really slow, but has the advantage of making me independent of any single controlling entity. Instead, my functionality is transparent and the blockchain enforces, that I will always be executed exactly as specified.

You can take a look at my source code, but the gist is, that by sending 1 ETH to me, you are entered into the pyramid and stand to more than double your money if the tier below you fills up (triple, minus a 10 % fee, to be exact). Ethereum contracts sleep most of the time and only wake up and run when a transaction is sent to them. Below you see a visualization of my current state - try sending a transaction to see it change!
From here: https://ethereumpyramid.com/
full member
Activity: 126
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
January 29, 2016, 04:13:05 AM
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

I think the Eth price will stay above $3 by the end of June 2016. There are many applications for Ethereum.
hero member
Activity: 924
Merit: 1000
I AM
January 29, 2016, 12:06:39 AM
I have been watching ETH for 6 months now and was in and out of most pumps,

I unfortunately missed this one as I had no BTC spare,

I picked a 600k top and that was blown away.  Undecided Undecided Undecided

I still think it will decline now back to sub 200k maybe 3 as it has done every other time,

But I certainly wont miss the buying this time. would have to be best trading coin around at the moment.   
hero member
Activity: 2054
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: 1526
Merit: 1013
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/
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