What are the possible use cases for Ethereum?
I have seen these proposals:
- Issue assets and allow assets to be traded decentralized. (Similar to Nxt Asset Exchange.)
- Create a Namecoin competitor domain name system.
- Issue your own coins on top of Ethereum, these will have the following advantages and disadvantages compared to native cryptocoins.
--{Advantage} They can truly be apart of a decentralized exchange.
--{Disadvantage} They will probably be slower than their native counterparts.
- Run code for DAC's, although I am not sure how sophisticated a DAC could be.
The main thing is that code on Ethereum can only read and write to the Ethereum blockchain. Is this correct?
Topic: [ANN] Ethereum: Welcome to the Beginning - page 1221. (Read 2007101 times)
I was first to accept in this thread. I have PMed smaragda. I should be on other side of bet. Leaving home to make an errand does not preclude someone else taking my place.
TwinWinNerD's bet has been matched by windjc... Bets Closed!
Kinda feeling pretty good about this bet.
Haha yes looks not bad but I expect many people to wait for the end of the 2000 period to invest. It is a long time to go still!
Another thing I'm curious about is this: if the value of ether reaches a higher value after genesis block (and btw, what's with all the bible references? "genesis block", "exodus address", "serpent" programming language???) than it was sold in the pre-sale, and then massive amounts of ether are sold for bitcoin, how is that going to work? You would have to have buyers equal and greater to the number of buyers in the presale in order for all that ether to be unloaded and picked up in buy orders. But since everyone who supports and knows about Ethereum will buy in the presale, then there will be no demand left after the presale and no buyers. So the value would logically have to drop to a lower value after Ethereum goes live, right?
A ton of supply and barely any demand.
A ton of supply and barely any demand.
Yes, you got it.
I predict a painful loss between 50% to 75% for those who will sell during the first dump.
I may buy some of yours for less than 25% of what you paid.
Also this is implying Ethereum will ever go live which you investors have no guarantee.
In the case of non-delivery, expect a very painful loss of 100% of your investment.
Sleep well investors !
Another thing I'm curious about is this: if the value of ether reaches a higher value after genesis block (and btw, what's with all the bible references? "genesis block", "exodus address", "serpent" programming language???) than it was sold in the pre-sale, and then massive amounts of ether are sold for bitcoin, how is that going to work? You would have to have buyers equal and greater to the number of buyers in the presale in order for all that ether to be unloaded and picked up in buy orders. But since everyone who supports and knows about Ethereum will buy in the presale, then there will be no demand left after the presale and no buyers. So the value would logically have to drop to a lower value after Ethereum goes live, right? A ton of supply and barely any demand.
This is intended as a long term investment, if the project have success by the end of the year that is when it will go live, tons of more people will come to buy. Dont expect to sell at twice after a week of the end of the presale.
It would have to go viral and be accepted on a huge scale very quickly. Judging from how long Linux took to get to the mainstream, I don't know if that's feasible. Also, it would have to replace Windows on computers and android on smart devices, everyone would have to re-register their domains on the ethereum internet. Considering the power and influence of the companies and organizations that exist, I just can't see this revolutionizing anything soon. If its accepted, it would take a long, long time.
I wasn't aware that Ethereum was working on a decentralized internet...
That's pretty much the whole purpose of our project MemoryShock
https://www.youtube.com/watch?v=GJGIeSCgskc
Skip to 50:00 for screenshots or refer to this handy pdf of the slides:
http://www.slideshare.net/ethereum/the-ethereum-experience
Ursium, you've read my questions, apparently, but I got no response or answers? I thought they were pretty good questions.
Also, in the youtube video you provided of Gavin's presentation, the question/answer part of the presentation which happened after his speech was cut out from this version. When I watched this some time ago, I found the Q and A part to be the most interesting and informative part of the speech. Do you have a link to the FULL version, unedited?
I was first to accept in this thread. I have PMed smaragda. I should be on other side of bet. Leaving home to make an errand does not preclude someone else taking my place.
TwinWinNerD's bet has been matched by windjc... Bets Closed!
Kinda feeling pretty good about this bet.
Another thing I'm curious about is this: if the value of ether reaches a higher value after genesis block (and btw, what's with all the bible references? "genesis block", "exodus address", "serpent" programming language???) than it was sold in the pre-sale, and then massive amounts of ether are sold for bitcoin, how is that going to work? You would have to have buyers equal and greater to the number of buyers in the presale in order for all that ether to be unloaded and picked up in buy orders. But since everyone who supports and knows about Ethereum will buy in the presale, then there will be no demand left after the presale and no buyers. So the value would logically have to drop to a lower value after Ethereum goes live, right? A ton of supply and barely any demand.
This is intended as a long term investment, if the project have success by the end of the year that is when it will go live, tons of more people will come to buy. Dont expect to sell at twice after a week of the end of the presale.
If you expect it to trade poorly after go live, then why not buy then at a discount?
I wasn't aware that Ethereum was working on a decentralized internet...
That's pretty much the whole purpose of our project MemoryShock
https://www.youtube.com/watch?v=GJGIeSCgskc
Skip to 50:00 for screenshots or refer to this handy pdf of the slides:
http://www.slideshare.net/ethereum/the-ethereum-experience
Another thing I'm curious about is this: if the value of ether reaches a higher value after genesis block (and btw, what's with all the bible references? "genesis block", "exodus address", "serpent" programming language???) than it was sold in the pre-sale, and then massive amounts of ether are sold for bitcoin, how is that going to work? You would have to have buyers equal and greater to the number of buyers in the presale in order for all that ether to be unloaded and picked up in buy orders. But since everyone who supports and knows about Ethereum will buy in the presale, then there will be no demand left after the presale and no buyers. So the value would logically have to drop to a lower value after Ethereum goes live, right? A ton of supply and barely any demand.
This is intended as a long term investment, if the project have success by the end of the year that is when it will go live, tons of more people will come to buy. Dont expect to sell at twice after a week of the end of the presale.
I wasn't aware that Ethereum was working on a decentralized internet...
What I don't understand about Ethereum is this: How are you going to create a whole entire new internet on a blockchain and not have it lag?
Look at how slow bitcoin is now, after only a few years of existence, and its only processing bitcoin transactions.
How can you build a sustainable decentralized internet on a blockchain and not have it bloat up, slow down and freeze?
Besides that major question, I am also concerned about how I, personally, am going to be able to use Ethereum on my old 2 ghz dual core (not quad core) laptop when windows 7 often freezes, and if I try to run any type of virtual machine, forget it. So how will the Ethereum client run on my laptop (since its a virtual machine, isnt it?) and not freeze up my laptop?
Another thing I'm curious about is this: if the value of ether reaches a higher value after genesis block (and btw, what's with all the bible references? "genesis block", "exodus address", "serpent" programming language???) than it was sold in the pre-sale, and then massive amounts of ether are sold for bitcoin, how is that going to work? You would have to have buyers equal and greater to the number of buyers in the presale in order for all that ether to be unloaded and picked up in buy orders. But since everyone who supports and knows about Ethereum will buy in the presale, then there will be no demand left after the presale and no buyers. So the value would logically have to drop to a lower value after Ethereum goes live, right? A ton of supply and barely any demand.
Look at how slow bitcoin is now, after only a few years of existence, and its only processing bitcoin transactions.
How can you build a sustainable decentralized internet on a blockchain and not have it bloat up, slow down and freeze?
Besides that major question, I am also concerned about how I, personally, am going to be able to use Ethereum on my old 2 ghz dual core (not quad core) laptop when windows 7 often freezes, and if I try to run any type of virtual machine, forget it. So how will the Ethereum client run on my laptop (since its a virtual machine, isnt it?) and not freeze up my laptop?
Another thing I'm curious about is this: if the value of ether reaches a higher value after genesis block (and btw, what's with all the bible references? "genesis block", "exodus address", "serpent" programming language???) than it was sold in the pre-sale, and then massive amounts of ether are sold for bitcoin, how is that going to work? You would have to have buyers equal and greater to the number of buyers in the presale in order for all that ether to be unloaded and picked up in buy orders. But since everyone who supports and knows about Ethereum will buy in the presale, then there will be no demand left after the presale and no buyers. So the value would logically have to drop to a lower value after Ethereum goes live, right? A ton of supply and barely any demand.
AFAIK, ethereum has not even a defined mining algorithm.
This IPO is amazing me,people is greedy as hell.
This IPO is amazing me,people is greedy as hell.
Bought a small amount. Don't consider that as an investment, more as a support to the project.
But what if I want to buy some more? Is it possible to get them on the same ETHER wallet? Or will I have to generate another wallet?
But what if I want to buy some more? Is it possible to get them on the same ETHER wallet? Or will I have to generate another wallet?
The same question.
8000 BTC. Only 17000 to go, to win my bet. Easy!
What is going on with Ethereum? Could not follow the thread for a week...
Just the crowd sale being open and a spirited debate on the impact that an as of yet undetermined coin supply will have on short term profitability.
There's more but that is the gist of it...
What is going on with Ethereum? Could not follow the thread for a week...
So let's see how much BTC they make 
But what if I want to buy some more? Is it possible to get them on the same ETHER wallet? Or will I have to generate another wallet?
New wallet
Bought a small amount. Don't consider that as an investment, more as a support to the project.
But what if I want to buy some more? Is it possible to get them on the same ETHER wallet? Or will I have to generate another wallet?
But what if I want to buy some more? Is it possible to get them on the same ETHER wallet? Or will I have to generate another wallet?
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