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Topic: [ANN] Ethereum: Welcome to the Beginning - page 1116. (Read 2006105 times)

legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 29, 2015, 03:08:41 PM
Ethereum is a "fuel" coin for the Ethereum platform, correct me if I am wrong but that does not imply a lot of intrinsic value since there are many millions of Ethers and the fees are very low 0.002 or less I think, how in the world is Ethereum then ever going to generate value for their currency?  Huh Seems to me Ethereum right now is heavily overprized?

Why does not a fuel have value? Oil has value. Coal has value.

Think of it like bit coin percentage wise yeah even if one eth becomes $50 usd

you want to run a smart contract , you might only need .05 eth to run it so the value really is speculative right now its not a 1to1 relationship.  contracts and dapps can run on fractions of  ETH similar to how you can sell/trade items for fractions of a bitcoin depending on the real market value.
hero member
Activity: 763
Merit: 500
October 29, 2015, 02:48:25 PM
Ethereum is a "fuel" coin for the Ethereum platform, correct me if I am wrong but that does not imply a lot of intrinsic value since there are many millions of Ethers and the fees are very low 0.002 or less I think, how in the world is Ethereum then ever going to generate value for their currency?  Huh Seems to me Ethereum right now is heavily overprized?

Why does not a fuel have value? Oil has value. Coal has value.
hero member
Activity: 672
Merit: 500
October 29, 2015, 02:32:49 PM
Will Microsoft use Ethereum or an Ethereum-like technology? The difference is only in who benefits from the increased popularity - owners of ETH or owners (not existing yet) of MS-ETH. If owners of ETH - why would Microsoft want to make rich someone else?

Microsoft can buy a lot Eth itself, and develop systems around Ethereum.

MS is late for Bitcoin. Ethereum is till in its early stages. So if MS catches Ethereum bandwagon, it will be rich.

That could be the secret to the Pump, They are super late to bitcoin, but with Ethereum they can inject themselves in from the start and help shape it.  I would not be surprised if they just started funding Eth dev directly buy buying eth.

Plus Ethereum is a bit more softarewarey(yeah not a real word lol) than bitcoin i.e with smartcontracts and damp not just a glorified ledger like Bitcoin.

Ive been furiously mining Eth with around 1GH/S of hash rate for a few months and buying on the dips.  From this point on i think ill stop selling what I mine and also buy more eth weekly on the dips.

I could see this popping to $10/eth some time next year don't want to miss that boat.  What scares me more is we dont even have a killer app yet.

If Augur or one of those other etheruem based projects blows up we could be kicking ourselvs next year for not loading up.

Not a pumper myself , but i missed the early BTC boat, missed the LTC boat I'll be dammed if i miss another.  Worst comes to worst i break even and sell my hardware

You my brother are a wise man. "
That could be the secret to the Pump, They are super late to bitcoin, but with Ethereum they can inject themselves in from the start and help shape it.  I would not be surprised if they just started funding Eth dev directly buy buying eth. " 

Put yourselves in Microsofts shoes...what would you do ? ...its only human ; )
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 29, 2015, 02:04:28 PM
Will Microsoft use Ethereum or an Ethereum-like technology? The difference is only in who benefits from the increased popularity - owners of ETH or owners (not existing yet) of MS-ETH. If owners of ETH - why would Microsoft want to make rich someone else?

Microsoft can buy a lot Eth itself, and develop systems around Ethereum.

MS is late for Bitcoin. Ethereum is till in its early stages. So if MS catches Ethereum bandwagon, it will be rich.

That could be the secret to the Pump, They are super late to bitcoin, but with Ethereum they can inject themselves in from the start and help shape it.  I would not be surprised if they just started funding Eth dev directly buy buying eth.

Plus Ethereum is a bit more softarewarey(yeah not a real word lol) than bitcoin i.e with smartcontracts and damp not just a glorified ledger like Bitcoin.

Ive been furiously mining Eth with around 1GH/S of hash rate for a few months and buying on the dips.  From this point on i think ill stop selling what I mine and also buy more eth weekly on the dips.

I could see this popping to $10/eth some time next year don't want to miss that boat.  What scares me more is we dont even have a killer app yet.

If Augur or one of those other etheruem based projects blows up we could be kicking ourselvs next year for not loading up.

Not a pumper myself , but i missed the early BTC boat, missed the LTC boat I'll be dammed if i miss another.  Worst comes to worst i break even and sell my hardware
legendary
Activity: 2142
Merit: 1010
Newbie
October 29, 2015, 01:37:13 PM
Strong BS posts and FUD moving in !!!

more buy signals!!! stash this ETH away and hide it!

Aye, more FUD, please. I want to see Ethereum marketcap higher than Bitcoin's.  Cheesy
hero member
Activity: 672
Merit: 500
October 29, 2015, 01:30:48 PM
Strong BS posts and FUD moving in !!!

more buy signals!!! stash this ETH away and hide it!
full member
Activity: 196
Merit: 100
October 29, 2015, 01:03:18 PM
ETH price resumes up following BTC price bull?
https://www.coingecko.com/en/price_charts/ethereum/btc
hero member
Activity: 763
Merit: 500
October 29, 2015, 12:49:10 PM
https://consensys.net/static/MSFT-CON.pdf

http://blockapps.net/pdfs/blockapps-strato-microsoft-partnership.pdf

Can someone confirm that this E BaaS will run on the current Ethereum blockchain with using gas as the fuel?
sr. member
Activity: 448
Merit: 254
October 29, 2015, 12:46:05 PM
Hello guys. My ETH wallet cant sync, this screen hanging endlessly:



What should i do to my wallet synchronized???
hero member
Activity: 672
Merit: 500
legendary
Activity: 1120
Merit: 1000
October 29, 2015, 12:09:05 PM
Dump will be epic same as pump, be careful guys.

Yes there probably will be a big dump incoming but I think price will rebound quikly above 300k at least.

Same thing I'm thinking yes.

It's obvious there are bots on the coin and it doesn't take much to move it up/down but btc is there...how much are real buys/sells, hard to say but it's sure as hell isn't all those amounts LOL.  Look at the market it's so dead...what all of a sudden EVERYONE is buying ETH just off a MS base announced (which is nothing concrete as yet)? lol doubt it.  Roll Eyes

ETH now look promising I will admit but man don't get burned buying too high.
hero member
Activity: 672
Merit: 500
October 29, 2015, 10:49:00 AM
Sorry guys...its up from here. People will continue to accumulate this fuel in large amounts. I for one am already creating large reserves of it for my own endeavors/projects to fund and build out on the ETH platform. ETH is a programmers key to the universe...don't you see?

WHAT DOES AZURE HAVE TO DO WITH ETH?  (updated list) :  

 Cryptography in the Open: History of Crypto and the NSA: https://youtu.be/GvWG4jAen8I

Interesting speech by CEO of Microsoft made in India ...to a bunch of IT students: https://youtu.be/hw00mtT9cLg   "Rich cloud infrastructure"  "In fact the way I decscribe it is, every device creates this exchaust of data, and the cloud and the power in the cloud can converge that into the fuel...and the intelligence that empowers every one of your experiences". - MICROSOFT AZURE. (quote starts at 5:19)

Another interesting interview made last month (get to know Microsoft and their future vision further): https://www.youtube.com/watch?v=8BourVzXU5o    (starts talking about power of AZURE at 7:00)

Paris Microsoft Enterprise group meeting interview: https://www.youtube.com/watch?v=LQ8Hiss2EkE      - shot back before Sataya was CEO -- Satya was responsible for building and running Microsoft's computing platforms, developer tools and cloud services. He and his team deliver the "Cloud OS." and was Rumored to be on the short list for CEO at this time, he shares his views on the future.

MICROSOFT AZURE CLOUD VIDEOS: 1.https://www.youtube.com/watch?v=ZNgvZE0MLeo
                                                           2. https://youtu.be/JJ44hEr5DFE

After watching this, what do you think Microsoft plans to do with the ETH platform implemented with their AZURE platform?

You decide.
legendary
Activity: 924
Merit: 1000
TokenHouse decentralized cryptocurrency exchange
October 29, 2015, 10:26:50 AM
Dump will be epic same as pump, be careful guys.

Yes there probably will be a big dump incoming but I think price will rebound quikly above 300k at least.
full member
Activity: 170
Merit: 100
October 29, 2015, 09:34:15 AM
The mining will last for +/- 12 months
Only 1 year pow? are you sure?
sr. member
Activity: 252
Merit: 250
October 29, 2015, 09:30:58 AM
Dump will be epic same as pump, be careful guys.

you only need to be careful with hot swings Smiley if you are good trader you have no troubles
hero member
Activity: 672
Merit: 500
October 29, 2015, 09:25:32 AM
Stronger the FUD the more I BUY!

This thread has not been this busy in a long time.

hero member
Activity: 824
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
October 29, 2015, 09:23:23 AM
Dump will be epic same as pump, be careful guys.
legendary
Activity: 924
Merit: 1000
TokenHouse decentralized cryptocurrency exchange
October 29, 2015, 09:14:36 AM
The mining will last for +/- 12 months

So short mining period? Where did you learn this?
hero member
Activity: 616
Merit: 501
October 29, 2015, 09:13:04 AM
The mining will last for +/- 12 months
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