Topic: [ANN] Ethereum: Welcome to the Beginning - page 1254. (Read 2007155 times)

I'm on 13.04 and follow https://github.com/ethereum/cpp-ethereum/wiki/Building exactly, and run into

sudo dpkg -l | grep libboost

Hi everyone.

Mass adoption and *significant* demand will be required for value of Ether to rise *at all*

Can that really happen in a world just starting to grasp Bitcoin?

In order for Ether to increase in value at all, there has to be an ever-increasing level of demand of real-world economic adoption in a setting where more and more ether is constantly being created.  
In order for Ether to go up one "penny", adoption must be fast, worldwide, outpace the inflation built in to the system *and* outpace Bitcoin adoption.  

Let's try to think what that really means.

Bitcoin has market share.  Familiarity.  Recognition.  Adoption.  Five years under its belt as the first and most widespread Crypto.  This is a huge ... huge ... huge obstacle to compete with. It makes *absolutely no difference* that one is better than the other.   None.  The vast majority of human beings are 100% uneducated on this stuff, and very skittish with new technologies.  ESPECIALLY when it comes to their money.  They have only just begun accepting Bitcoin, kicking and screaming the entire way.  Its been a mess of misinformation, confusion, paranoias, fears and a complexity that most can't grasp.  Yet its finally just now piercing that obstacle and beginning to become accepted.  For *one* crypto to accomplish this, is monumental.  Bitcoin has already gone worldwide.  I am not certain I agree that this is like myspace and then facebook.  Or webcrawler and then google.  The learning curve was nearly zero when myspace came out.  And the transition to Facebook / Google was ONLY SUCCESSFUL because it was simple and seamless. Human beings resist change when things are even SLIGHTLY complex, or confusing.  Because of the complexity, uncertainty, and "fear of the unknown" that Bitcoin brings, people are going to lock down on Bitcoin, and may not let go.   To put it another way, I picture many saying:  "You finally got me to grasp this crazy crypto whatever, and im still a little freaked out by the whole thing, and now there's this Ether somethingoranother and you want me to make the jump to that?  No thanks.  I'll stick with Bitcoin." Getting the *entire world* to just "hop off" the Bitcoin wagon and jump over to something even more complex and completely new could be difficult, if not impossible.  While educated people in the crypto world may hail Ether as something amazing, the average person may stick to Bitcoin.  And that means adoption is going to be severely hindered with Ether.  And if that is the case, Ether will go down in value, or struggle to maintain its value.  If Ether doesn't literally become a bitcoin killer and totally replace it - and not with nerds - but with people in 3rd world countries who are just now learning Bitcoin .... its not going to go anywhere.  Reality tells us that "better systems" are often not adopted when they are complex.  Perfect example:  GPG messaging, versus regular email.  Clearly a superior system.  Could've gone gangbusters.  Never did.  Why?  This may happen with Ripple.  And it may happen with Ether.  There will have to be a massive, (and i mean massive) marketing effort that targets the slowly "comprehending" business owners and entrepreneurs that are still just getting their heads around Bitcoin.   Maybe its timing.  Maybe if Ether happened on the scene 4 years from now, when Bitcoin is a household term, and everyone totally "got it" .... right down to Grandma .... then Ether could pop up and say "Here's something even better", and the world would flock to it.  But they're still trying to get comfortable with Bitcoin .... and I really wonder if the adoption necessary for investors to reap any return on investment will actually happen. Maybe in 5 years, if we're lucky?  Then again, they say Bitcoin is 7x faster than "internet time" in evolution and adoption.  So maybe it won't be 5 years before the African man with a basic smartphone in the jungle using Bitcoin, transitions to Ether.  Or maybe if both can exist side by side, allowing Bitcoin to "do what it does", and still generate significant demand for Ether, then adoption will outpace ether inflation. But I fear the required adoption model which would push the value of Ether up, may not pan out.  

Disclaimer:  Playing Devil's Advocate.   Thoughts?

Fanboy, troll, or shill ingsoc?

How would you respond to these post from Nxt forums

https://nextcoin.org/index.php/topic,3710.15.html

Its not about proving, one member clearly states there are Ex Goldman Sachs team members.

The biggest question is who is really behind bringing such a wide team together as I doubt they all bumped into each other at a Bustop. Plus the IPO has many similarities to Goldman Sach managed IPO's of stocks.

Of course we don't know, but also no one in the team is going to say yeah Goldman Sachs was behind all this and we are sucking on the Mega banks teats of corporate banking either....

This is what I think happened based purely on opinion. The guy who founded the coin is easy to find out about and people with money in Bnking world head hunted him and said hey your doing great work with Mastercoin etc. How about we fund you to make an even better coin, we will give you all the resources and team members you need and we will provide some money guys to help the IPO run smoothly. They then get to have a foot into crypto, make some money and introduce derivatives in to the equation which they can now control or at least have a large stake in.  


And when I got really suspicious is anyone who really knew the Bitcoin world would not do such an expensive IPO it was an outsider methodology normally used for stocks.... And when a barrage of criticism came about the IPO did one of the founders speak up and dismiss the rumors? No they employed a PR spokesperson to answer questions. That's no amateur set up, big money is behind these guys. Twerpy little 19 year old founder DOES NOT KNOW EX GOLDMAN SACH STAFF SOCIALLY!!!!WAKE THE HELL UP!!!

It already seemed like a VC backed corporate coin even before they bragged about having people who worked at Goldman Sachs.  I assume they, like Ripple, plan to succeed by getting the blessing of the system.  I'd rather stick with Nxt where the strategy to succeed is, in large part, to become impervious to attacks by the system.