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Topic: [ANN] Ethereum: Welcome to the Beginning - page 1225. (Read 2006044 times)

hero member
Activity: 700
Merit: 501
1000% ROI Masternode Coin
ipo then maybe stagnation for long time or an epic one-time-pump with epic crash. Buy some litecoin is less risky and returns probably the same or more. Hodling BTC instead of eth could also be a good idea. What if i can buy 8k ETH with 1btc in February, when they launch a buggy version? I wouldn't be surprised about that. And the butthurt will be enorm too.

Yep, should call this the "Limbo Coin!"
member
Activity: 187
Merit: 10
ipo then maybe stagnation for long time or an epic one-time-pump with epic crash. Buy some litecoin is less risky and returns probably the same or more. Hodling BTC instead of eth could also be a good idea. What if i can buy 8k ETH with 1btc in February, when they launch a buggy version? I wouldn't be surprised about that. And the butthurt will be enorm too.
newbie
Activity: 18
Merit: 0
That implies that etherium needs high inflation rate to keep the price low which of course nonsense  as you can just move to lower decimal point if the price is too high. It's not a physical fuel like oil, dumbass. There are plenty of etherium that can always  be "cheap" as you keep moving the decimal points.

(Sorry for the color but I do not know how to select a previous comment)

I have to laugh at this logic. Have you even thought about it before you replied?

As I understand it Ehterium is the "fuel" slash "cost" to run a service. and yes it is like oil, unless you keep on generating it out of thin air. One can thus compare it directly to normal fuel such as diesel. Lets say 1 gallon of diesel cost now $ 5 and I can drive 20 miles with it. The price of diesel now increases to say $10. Because I can divide 1 gallon into smaller units, say half a gallon,  I still pay $5, however you suggest that I can still drive 20 miles. What logic is that? The "miners" still spend money to process the transactions and they still have to be paid AND they want $10 per gallon.

What Pimp meant was that technology becomes cheaper as it developes due to competition and development, hence the decline in the cost required for the fuel in order for the service to remain competitive., hence the required drop in price of the etherium, hence a loss in initial investment.
 Cheesy





legendary
Activity: 1470
Merit: 1004
Good news ! Total received is 6,499.03454139  BTC and is growing rapidly.

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2



Good news for who?  The Ethereum team?  It's very bad news for individual investors.  The more invested, the less your Ethereum is worth

Seriously... they have now $4 Mil USD worth of bitcoin to their disposal 2 days into the IPO....   This is the biggest IPO of an altcoin ever.   That's how much money has been sucked into a void.   How is that good news for anyone BUT the devs??

Actually, this is the biggest altcoint IPO (so far)

https://bitcointalksearch.org/topic/m.6333308

I like Ethereum, I think it's an awesome step for Crypto and look forward to innovations.  But for individual investors there won't be much ROI, you're BTC is dilluted by Goldman, Ashton Kutcher, and other Big investors who can afford to throw large amounts of $ for a small %.  Ethereum won't go way up in price, it's not designed that way, it's success is based on mass adoption and usage.  This IPO is just to determine how much set Ethereum there will be before year over year inflation, etc..  Buy Ethereum if you want to use it, not for investment, that is my opinion.

yes. It's sad, that ethereum doesn't set a cap. There were so many investors waiting and supporting over months and they don't get a part of the cake.
Ethereum. Please take a look at the Crypti IPO. I see, that your system is worth more. You could set of course a higher cap. But setting none is sad.
Why do you want to have all the money? Share it with us...

Well, it gives them unlimited resources to grow Ethereum and develop features, so it's good for the project.  These guys are about building the next big thing, not ROI for anonymous small time BTT investors.  I don't think anyone here has really contributed anything to Ethereum. We are at peak hype for Ethereum, so sit back and enjoy the show.
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
Good news ! Total received is 6,499.03454139  BTC and is growing rapidly.

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2



Good news for who?  The Ethereum team?  It's very bad news for individual investors.  The more invested, the less your Ethereum is worth

Seriously... they have now $4 Mil USD worth of bitcoin to their disposal 2 days into the IPO....   This is the biggest IPO of an altcoin ever.   That's how much money has been sucked into a void.   How is that good news for anyone BUT the devs??

Actually, this is the biggest altcoint IPO (so far)

https://bitcointalksearch.org/topic/m.6333308

I like Ethereum, I think it's an awesome step for Crypto and look forward to innovations.  But for individual investors there won't be much ROI, you're BTC is dilluted by Goldman, Ashton Kutcher, and other Big investors who can afford to throw large amounts of $ for a small %.  Ethereum won't go way up in price, it's not designed that way, it's success is based on mass adoption and usage.  This IPO is just to determine how much set Ethereum there will be before year over year inflation, etc..  Buy Ethereum if you want to use it, not for investment, that is my opinion.

yes. It's sad, that ethereum doesn't set a cap. There were so many investors waiting and supporting over months and they don't get a part of the cake.
Ethereum. Please take a look at the Crypti IPO. I see, that your system is worth more. You could set of course a higher cap. But setting none is sad.
Why do you want to have all the money? Share it with us...
legendary
Activity: 1470
Merit: 1004
Good news ! Total received is 6,499.03454139  BTC and is growing rapidly.

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2



Good news for who?  The Ethereum team?  It's very bad news for individual investors.  The more invested, the less your Ethereum is worth

Seriously... they have now $4 Mil USD worth of bitcoin to their disposal 2 days into the IPO....   This is the biggest IPO of an altcoin ever.   That's how much money has been sucked into a void.   How is that good news for anyone BUT the devs??

Actually, this is the biggest altcoint IPO (so far)

https://bitcointalksearch.org/topic/m.6333308

I like Ethereum, I think it's an awesome step for Crypto and look forward to innovations.  But for individual investors there won't be much ROI, you're BTC is dilluted by Goldman, Ashton Kutcher, and other Big investors who can afford to throw large amounts of $ for a small %.  Ethereum won't go way up in price, it's not designed that way, it's success is based on mass adoption and usage.  This IPO is just to determine how much set Ethereum there will be before year over year inflation, etc..  Buy Ethereum if you want to use it, not for investment, that is my opinion.
sr. member
Activity: 322
Merit: 250
Good news ! Total received is 6,499.03454139  BTC and is growing rapidly.

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2



Good news for who?  The Ethereum team?  It's very bad news for individual investors.  The more invested, the less your Ethereum is worth

Seriously... they have now $4 Mil USD worth of bitcoin to their disposal 2 days into the IPO....   This is the biggest IPO of an altcoin ever.   That's how much money has been sucked into a void.   How is that good news for anyone BUT the devs??
legendary
Activity: 1321
Merit: 1007
legendary
Activity: 1470
Merit: 1004
Good news ! Total received is 6,499.03454139  BTC and is growing rapidly.

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2



Good news for who?  The Ethereum team?  It's very bad news for individual investors.  The more invested, the less your Ethereum is worth
full member
Activity: 198
Merit: 100
IS IT SOLD OUT?!?

Nope, the supply is unlimited you can purchase as much as you want.



so the genesis block can be pre-mined infiniately?. i thought a read somewhere that there was an 84% max pre mine or something?

idk much about mining, or how it works

There is no max. It will all depend on number of people buying IPO coins. More buyer more coins will be produced.
newbie
Activity: 24
Merit: 0
IS IT SOLD OUT?!?

Nope, the supply is unlimited you can purchase as much as you want.



so the genesis block can be pre-mined infiniately?. i thought a read somewhere that there was an 84% max pre mine or something?

idk much about mining, or how it works
full member
Activity: 198
Merit: 100
IS IT SOLD OUT?!?

Nope, the supply is unlimited you can purchase as much as you want.

sr. member
Activity: 322
Merit: 250
the so big IPO,how to promote the coin
newbie
Activity: 24
Merit: 0
IS IT SOLD OUT?!?
sr. member
Activity: 420
Merit: 250
Good news ! Total received is 6,499.03454139  BTC and is growing rapidly.

https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2

hero member
Activity: 822
Merit: 1002
I have a technical question about ETH presale:

Did everyone receive an confirmation email after purchase?
I did not.

I completed the form, downloaded my json wallet, stored password and paid. I didn't wait until 6 confirmations but just closed the window.
Now I'm a bit confused...
hero member
Activity: 644
Merit: 500
in a worst case the benefit running a contract is so small, that the fee has to
lowered close to zero, to make it usefull/profitable. in this case you have a huge
eth surplus and price will go down, no matter how many decimal points you have.

The fees can never be zero. For example if someone is selling storage (disk space) , he would want the money. He will never accept "zero" as acceptable fee for his service.  This would also apply to all kind of other services and applications.  It all depends on adoption. If there are millions of users, and apps, and services, there is no reason why the prices won't go higher than IPO.

Also, regardless of it being a used as "fuel" for contracts (and transaction fees), it will also be a defacto currency on the platform.  
member
Activity: 68
Merit: 10
I could really do without it.
Ethereum may be a good system with good team but I dont understand why you people only thinks that there are three best platforms : Mastercoin, Bitshares and Counterparty?There are many other platforms which already succesfuly running.Even Litecoin is in 2nd in position after Bitcoin and also they have the 2nd largest market.Dont misguide peolpe by giving wrong information as a marketing policy,by doing this in a wrong way you are insulting other good DEVs and Teams.By reading all the pages of this topic I have found that the team modirators or members are behaving rude with others whan it comes as "FAQ" which supposed to be commonly asked questions in BTT for better understanding the project.And if you have a little bit of marketing knwledge then you should know how to behave with investor or customers.Your service staff should give a high priority to customer satisfaction.
legendary
Activity: 3248
Merit: 1070
It's so funny how clueless people posting on this thread are about Ethereum. This project has been in development for many months already, and is very public. The ethereum core team consists of 8 developers not to mention a dozen or more others working on or with the project. Developers from all over the world have been creating and testing apps on the ethereum testnet for months.

This is the next Linux, which, might be more successful than Linux, actually. The time, energy, and work put into developing ethereum has been immense, and maybe the best minds in programming are involved. This is not a coin, its a whole new way of interacting with the internet.

It's so funny to hear people here talk about ethereum like its another altcoin, they have obviously not done any research at all. Ethereum is all over twitter, facebook, tumblr, blogs, news articles, and youtube. Search for ethereum on youtube and watch a few videos if you don't like to read. You are making yourselves look bad.

nothing really new, just bitcoin plus freenet

you can add all those thing to bitcoin also...

and bitcoin wasn't with ipo
hero member
Activity: 597
Merit: 500

That implies that etherium needs high inflation rate to keep the price low which of course nonsense  as you can just move to lower decimal point if the price is too high. It's not a physical fuel like oil, dumbass. There are plenty of etherium that can always  be "cheap" as you keep moving the decimal points.


BitcoinPimp is not wrong here Eadeqa. price formation/discovery has nothing todo
with divisibility and from my understanding you have an investment devaluation
when moving to a lower decimal point (lowering fees) with 'fuel-driven' systems.

later eth pricing depends strongly on fee structure. how usefull the offered
services are seen and most important, how profitable this fee paid contracts are
compared to it's creation and costs to run.

in a worst case the benefit running a contract is so small, that the fee has to
lowered close to zero, to make it usefull/profitable. in this case you have a huge
eth surplus and price will go down, no matter how many decimal points you have.
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