Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 1118. (Read 2006101 times)

legendary
Activity: 2142
Merit: 1010
Newbie
October 29, 2015, 07:13:50 AM
I understand you are very good and successful at selling all kind of digital assets and coins to this audience, I know in the context of designing and selling your coins you know what you do and talking about, but the real world out there works a bit differently than your NXT and IOTA money collecting party in this environment.

All large investment funds as well as individual MSFT investors will take notice of the Ethereum endorsement by Microsoft. Whatever you think about MS, the company is incredible powerful and influential in the finance world as well as in government, and the fact that Ethereum is officially offered on Azure opens many doors for Ethereum. All the fund managers who manage these days the average of $5 billion investment funds are now researching what Ethereum is and no doubt Ethereum is on the way to become a billion dollar company.

Perhaps one of the reasons your NXT is used by absolutely no real world businesses - and most likely your new money party IOTA has the same destiny - is because you don't understand or ignore how influential the big techs and their institutional investor are.

You seem to confuse me with someone else.

Regarding objective (bolded) part of your post, you seem to make no distinction between a technology and a company which makes your words look strange at best and silly at worst. The only excuse I can imagine is that you don't have engineering background and don't know how IT work.
legendary
Activity: 1181
Merit: 1002
October 29, 2015, 07:01:40 AM
I understand you are very good and successful at selling all kind of digital assets and coins to this audience [...]

I understand that you are very good at not practicing what you preach.
hero member
Activity: 784
Merit: 1000
October 29, 2015, 06:57:37 AM
So its just people who bought early are cashing out now and thats it. ETH to the moon is not happening as it is not a currency... So why people are hyping it so much?


Because they want to drive up the price, which is just a desperate act. You have pointed out quite rightly Ethereum is irrelevant as a currency, it is an application platform.
hero member
Activity: 784
Merit: 1000
October 29, 2015, 06:54:18 AM
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.

MS catching Ethereum bandwagon sounds as a low quality science fiction novel.

PS: https://www.reddit.com/r/ethereum/comments/3qmy6y/thi_reminds_reminds_me_of_the_overstock/

I understand you are very good and successful at selling all kind of digital assets and coins to this audience, I know in the context of designing and selling your coins you know what you do and talking about, but the real world out there works a bit differently than your NXT and IOTA money collecting party in this environment.

All large investment funds as well as individual MSFT investors will take notice of the Ethereum endorsement by Microsoft. Whatever you think about MS, the company is incredible powerful and influential in the finance world as well as in government, and the fact that Ethereum is officially offered on Azure opens many doors for Ethereum. All the fund managers who manage these days the average of $5 billion investment funds are now researching what Ethereum is and no doubt Ethereum is on the way to become a billion dollar company.

Perhaps one of the reasons your NXT is used by absolutely no real world businesses - and most likely your new money party IOTA has the same destiny - is because you don't understand or ignore how influential the big techs and their institutional investor are.
hero member
Activity: 617
Merit: 509
Crypto Card - https://platinum.crypto.com/r/28cz7d
October 29, 2015, 06:52:52 AM
So its just people who bought early are cashing out now and thats it. ETH to the moon is not happening as it is not a currency... So why people are hyping it so much?
full member
Activity: 225
Merit: 100
October 29, 2015, 06:43:06 AM
"The Ethereum DevCon1 conference is set to take place on November 9th in London. In a recently published blog post by George Hallam, the Ethereum team announced that Microsoft would be one of the sponsors of the first-of-its-kind event."

http://blog.holytransaction.com/2015/10/microsoft-to-sponsor-ethereum-devcon1.html

edit: typo on date
sr. member
Activity: 252
Merit: 250
October 29, 2015, 06:04:09 AM
How many ETH coins are there already? Why would you want to buy ETH if there are going millions of ETH be issued ?

Good question, I'd like to know too...
legendary
Activity: 2142
Merit: 1010
Newbie
October 29, 2015, 05:59:52 AM
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.

MS catching Ethereum bandwagon sounds as a low quality science fiction novel.

PS: https://www.reddit.com/r/ethereum/comments/3qmy6y/thi_reminds_reminds_me_of_the_overstock/
hero member
Activity: 784
Merit: 1000
October 29, 2015, 05:52:45 AM
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.

Even I am disappointed about the money collecting and money burning party of Vitalik, since I support them for long, I couldn't be happier that Ethereum has been picked up by Microsoft. We can say: Ethereum made it. Microsoft's endorsement is huge and that finally puts Ethereum in the league of Bitcoin. The rest of coins like NXT and the other 600 shit coins can keep dreaming about real world adoption - it will never happen, especially that Ethereum has officially occupied that altcoin space by the endorsement of Microsoft.

However, Microsoft will not buy Eth coins. Why the fuck Microsoft would buy any Eth coins? Microsoft is using the open source technology and very understandably riding the blockchain hype, and they need precisely zero Eth coin in order to do that both.

Here is what's going to happen: both Vitalik and Gavin will be a very rich man (quite rightly so as especially Gavin is an exceptionally talented as well as nice guy). The Ethereum company will be acquired by either MSFT, AAPL or GOOGL. The coin holders and investors will have nothing, except the memories they can tell to their grand children, that 30 years ago they were there when Ethereum became a billion dollar company.
The technology is fantastic, it will be taken to the mass by the big techs such as MSFT and GOOGL, but there is nothing left for coin holders and investors in this process. That's why I sold my Eth holding by realising a very nice profit, financially there is nothing here for us early stage supporters/investors.
legendary
Activity: 1361
Merit: 1003
Don`t panic! Organize!
October 29, 2015, 04:58:43 AM
Found fork in 445054
Code:
> web3.eth.getBlock(445053)
{
  timestamp: 1445905725,
  hash: '0x46bc77b5404cd12fe38d4078f9e1ae2800b4a47023057f39c27a9ba51b18c2cf'
}
> web3.eth.getBlock(445054)
{
  timestamp: 1445905732,
  hash: '0xe32d03d701a0163557841d7407276128d5b05fff77e8325a4112edcd8337b223'
}
> web3.eth.getBlock(445055)
{
  timestamp: 1445905840,
  hash: '0x99644c3e7af737e57cacec84d20319f8ec769a4fdf91027c264de1a1c16fea6b'
}
>
legendary
Activity: 1361
Merit: 1003
Don`t panic! Organize!
October 29, 2015, 04:53:40 AM
ETH is forking?
Code:
> web3.eth.getBlock('latest')
{
  uncles: [],
  transactionsRoot: '0x75a38ff0f70a2ba85c8273862da67fc45acad184c279e08f8a039f567074126c',
  extraData: '0x',
  difficulty: 6277865434257',
  miner: '0x88963ec7c5f9d79b393bbf083373f86945300ea1',
  number: 445058,
  gasLimit: 3142667,
  gasUsed: 2044189,
  size: 0,
  totalDifficulty: 2287764752415898622',
  stateRoot: '0x7b2601c63c1be720b5a063ba54de8a287a6fee83f9c2b065857d3a74686574fa',
  logsBloom: '0x00000000000000000000000000000000000000000800000000000000000000000000000000000000000001000000000000000000004000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000010000000000100000000000000000000000000000000000000000000000000000
000001000000040000000000000000000000000000000000000000000000000000000000000000000000400000000000000040000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000010000000001000000000000000000000',
  parentHash: '0x63518bf356445e56770cf0f57a0fbf7301c40dc92188130dc843366b323deedd',
  transactions: ['0x362d0df65c46f228efcd9209dc760dcc65cd9415db65e410ff34c9a296422535', '0x2e9a458a1d563fbb439fc1b70420ac96519558eedf21e1fe87b1b8c57b599e22', '0x409e70656362e33224ed864a1a1fd8397ed1ff65697df26215c7e6a708bd5583', '0xdc3fc637109e10124543c074d3a949490b7df6a3e6d6b83472c8adb3eb446cff', '0x
307396e6d7d94f9fd3e2aac03eaa4ae004ed75ebf90afec8319aae2a4b63892f', '0xf9d9471dcc70ec8783037e1c3f637a65c226518999066c8cd62afaafe23d2c95', '0xa4c2b0f5424db447352def37f3e192a362f7db7afef18913a4d7889a365a26c9', '0x9b43167ed68e5607024285dc5f2d91b95ca8d2a1047296c97c28864b71971a5a', '0x33633100d551fd1da51f
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5f49', '0xbd6cf8e12e2ecd4013f2d69d2f48d018e61b4a40a76d8dab0298bfd867bea57b', '0x983710bfd30d1d356b0af1bf970dc8630f2049bf0f00915a50f5e345a25d2c46', '0xa38cd22759ff32cdb22ccf318ffea0db4feb5b60cbaa29011d6784cde5d80207', '0x1c8e000facd563932c40507174760de3ddb5cf16e8a02bb14ae5b380b7b796b5', '0x27e9178d35
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95af', '0xe20f50fefb0c42c8c4d680d463fc7cbcaa1776c2772efe209e5240cb2baab9d0', '0x9417da18dc06dc3aad80be6348342890d4b7d9cb889d7c956898706720012253', '0x5a0aabb24357fbe5be41ccb3cf14301123cfae308edc85a60725ab2201e5766d', '0x6c0be2a123c9090f5eb1ce6c71b3f9cd2f8602a8e3f81e547eaef2423eed9b4a', '0xec341558d1
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86b71a68e25ccc8891a25e221b07fb5610', '0x4c0fc2c8020e1dd07b10b4e9a7802e927a91369c1bee7e0285e6a0649bcc1b3a', '0x3a1889fe597515a73adad268bd40ffd62e10963944849d6b7da98a5ffda24021', '0xcb8a41779d11ad43808914d8c4574652192c081a5304f0813b3f26424a96026b', '0x2d7bf666842780b7984b46265ec8c4fcd7778badfba20eb306
0f86e8ebb05d12', '0x842642a4fe6bc6f1086da71f339c8b5aaf2e796bfeda64a47fa0819f8b552b21', '0x1e71a16453e94271c58c01619978271bc8145277f39d7500e900d6fcc09bf83a', '0xaf6938588a1624ffd0d7bde15bc22751149d8ea9c30b54949642d9738955dc29', '0xc99aba91c65d22a3e39cf149a646de55ccba451545561e1c5cce4cdbb0adb093', '0x
5d61d9ea2e536b72016c631e40cb4b9aa2e8d2f0a64b62559027e6e7b8da67ac', '0x2c25ebad8f96798619e93620bcd28357497cdf8bfcdf300c625e3cff22ea05bf', '0x991e47c73d008bd1752f8d9342d8b14681b83f15852ca44fcb4ecec8401f912c', '0x6e617ed79ed9126ecc7b6571d8a3fdf31936fe6c67afdef2a81340e7175e5b19', '0xadc65511dd17b35665a2
ee3aa97443e031bef90c2c1566ee4ade231be41021e4', '0x56d16bbcac6136b9322ed18c733111c88c7f60b3bf2a7f35a2fff28b28d277ba', '0x66bec13311449fa5bde654cf51ddace359bd72864a5958788e9f91112019a380', '0x5be5e82b8ffaa5de53dfde2180efa1890834d17d69835cb9d57259988e773887', '0xeaacbc1b286c1bc1b1ec01e10c681b2d93c3d98c
79f16841d4d27451e268402c', '0xaeb932185e61387b1c11486f773cc21eddb90b441a1549d57d3e85e692a497c4'],
  target: '0x00000000002cd60a61a716c3e13ee33a9d37f3cc5b0f7a752602769c7fd1ffa8',
  sha3Uncles: '0x1dcc4de8dec75d7aab85b567b6ccd41ad312451b948a7413f0a142fd40d49347',
  timestamp: 1445961790,
  hash: '0x7bb816eeb92d17debf8ebc8611fa45e30774f4443497958ef3bbfaca1770848a'
}
>
Block 445058 according to https://etherchain.org/block/445058 has different hash...
hero member
Activity: 617
Merit: 509
Crypto Card - https://platinum.crypto.com/r/28cz7d
October 29, 2015, 04:53:25 AM
How many ETH coins are there already? Why would you want to buy ETH if there are going millions of ETH be issued ?
sr. member
Activity: 462
Merit: 250
October 29, 2015, 04:15:18 AM
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.
legendary
Activity: 2142
Merit: 1010
Newbie
October 29, 2015, 01:12:59 AM
Quote
The prospect of being able to offer a platform for smart contracts appealed to them, and was the main reason they went with an Ethereum-based product rather than a bitcoin-based one, he said.
http://blogs.wsj.com/moneybeat/2015/10/28/bitbeat-microsoft-to-offer-ethereum-based-services-on-azure/

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?
hero member
Activity: 672
Merit: 500
October 28, 2015, 11:45:44 PM
Interesting ETH videos + Microsoft AZURE videos  (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
hero member
Activity: 672
Merit: 500
October 28, 2015, 10:24:35 PM
Very impressed....

.....with Blazin8888's pumping!  Smiley


ahah thank you.

Nah no pumper though not that wealthy. I just really believe in this project. Glad to spread as much information around as I can for everyone to make their own decision.

ETH the greatest achievement since this:
https://www.youtube.com/watch?v=rcKahraBiBY
full member
Activity: 157
Merit: 100
October 28, 2015, 10:23:09 PM
Very impressive and exciting news here! I will read alot more on the ethereum platform for sure
legendary
Activity: 1470
Merit: 1004
October 28, 2015, 10:21:12 PM
Very impressed....

.....with Blazin8888's pumping!  Smiley
hero member
Activity: 672
Merit: 500
October 28, 2015, 10:15:27 PM
In the early 1990s there were only a few million devices connected to the internet....today there are over 1 trillion devices on the internet.

Picture 5 years from now my friends. ETH will be the fuel for these devices.

http://www.nytimes.com/2015/10/22/technology/personaltech/microsofts-rule-breaking-vision-of-a-future-with-countless-devices.html
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