Topic: [ANN] Ethereum: Welcome to the Beginning - page 447. (Read 2006413 times)

After watching market since Thursday (first bottom, todays is the second), I got into a very interesting chart on Quora
It is for Bitcoin, but I really hope the same is not valid for ETH and the constant cries that it will reach 5, 10 and 20k in an year.

https://www.screencast.com/t/54efNuFknF

All of it is so true, the bear traps, the media attentions, the unrealistic enthusiasm, the greed and the capitulation

I have a few 280, but I only mine ZEC with them. The DAG is too big.

That is true in recent past Ethereum also had blockchain conjunction issue which caused little longer confirmations time and slightly higher fees than normal. This is the issue on which Vitalik and team is working to solve the scaling issue in near future. In rest everything looks fine in Ethereum in long term and at present as well.

Whenever I send or receive ETH I get it or it gets to it's destination within a very short time. Never had an issue. Way faster that BTC.

hmmm.....
ETH is going to rule the market :v, specially this recent time.
when they see cons of bitcoin.
but to get enough power to be the leader, ether should change something to improve the speed of transaction and cheaper transaction fee.
waiting it switch to PoS

Ok here is the scoop for Tues 2-6 Congressional Meeting on Cryptocurrencies.
The Senate Banking Committee will take testimony from Commodity Futures Trading Commission Chairman Christopher Giancarlo and Securities and Exchange Commission Chairman Jay Clayton.
Giancarlo will reiterate similar comments to the below he said in a speech to over 240 industry executives including saying that Blockchain is in Americas National Interest moving forward.
"Everything we do has been digitized. The one thing that has not yet been digitized is regulation. We're still very much an analog regulator of digital markets."
And most importantly, Giancarlo stressed that it is imperative that U.S. regulatory structures catch up with the fast-moving digital economy. Overcoming hurdles with supportive regulation that weeds out the fraudsters and supports legit cryptos like bitcoin and ethereum.

Jay Clayton will talk about the off shore exchanges that do not fall under SEC jurisdiction, he worries about investors being ripped off and is generally supportive of cryptocurrencies but wants to do so under a responsible framework that eliminates fraud. Our task, as market regulators, is to set and enforce rules that foster innovation while promoting market integrity and confidence. The willingness to pursue the commercialization of innovation is one of America’s great strengths. Together Americans embrace new technology and contribute resources to developing it. Through great human effort and competition, strong companies emerge. Some of the dot-com survivors are the among the world’s leading companies today. This longstanding, uniquely American characteristic is the envy of the world. Our regulatory efforts should embrace it.
Jay Clayton knows that very important things will come from cryptocurrencies noting that some of americas greatest companies arisen from the ashes of the dot com bust like google, amazon, etc. He knows it is in Americas best interests to support innovation, the issue is how to do it....

Conclusion: Expect a monster rally on Tues when everybody realizes the future of money and investment is digital and most importantly that America is going to step up and be a leader in this new technology and will not be afraid to embrace it responsibly, this is positive news for bitcoin and ethereum. America will be the envy of the world once again for its innovation and those countries that try and force bans will look foolish and their political parties will be voted out of office and the new blood will side with America...this will take time but there is a way to do this, once scalability issues are addressed it's easy to see the digital money highway built...

you're right about that. Myself and a few other mates have turned our 290's back on. been doing pretty well but the difficulty rise means profit is getting slim.

Hopefully it will level out, not that I'll be turning mine off again.

When the price went from 300 to 1200, that allowed us miners to turn our 280, 290,380,390, cards back on. However, the consistent rise in the hash rate has now put some of us very close to having to turn them back off. There is still a shortage of new more efficient cards. I believe we will see the hashrate growth level off very very soon if the price stays at the current level.

Ethereum potentials are numerous, the  stability it has shown  proved  that it is good to serve as a base currency for investors

LOL if that event ever happened in the crypto world all long-term holders of ETH will take slingshot to the moon lol

Do not forget about resistance especially today, ETH show very good grow even now

Yeah I get there might be a little manipulation but then how much money poured in to crypto to make the total market cap on coinmarketcap.com go from 412b to 452b if it's not 40b what is the amount that makes that move perhaps we are going way higher then if it's such a smaller amount...

40 billion increase in market cap is not the same as 40 billion "poured back into crypto". That's a very important distinction for a new trader make.

Current market crush is specially organized, its obvious. So money will flow back, its just matter of time, so)

All we have to do is get past tues meeting about crypto with us congress
I expect some tough talk but they all know they will be voted out if they ever
Try to go against eth and bitcoin.  Like the internet itself we need to support it
because the USA doesn't have the gold reserves china has so if we leap frog
them by supporting bitcoin and eth as storage of value at the minimum we
weaken both China and Russia as the gold price goes nowhere. It's time the USA
steps up and leads the world in digital currency support by minimal regulation

Phew that would be quite crazy if ETH alone cracks the one trillion dollar mark. I would take it!

And besides Coinbase has an army of contractors preparing new floors in their San Francisco building they just bought....if you build it they will come....

Eth and bitcoin have global input literally anyone in the world can buy it instantly, there is no other market in the world you can just do that, it is globally borderless, welcome to the new digital wealth world....as long as these digital currencies can be converted back into fiat they don't have to be legal tender, even though bitcoin is legal tender in Japan, because as long as the tokens have a direct relationship with fiat by association they have value in the digital world because fiat is worthless in the digital world, hence value and wealth storage is born from association and usefulness.

40 billion dollars just poured back into crypto since last night, lesson is just hodl eth don't try and trade it

Good news is the 14 day chart on etherscan.io has turned up and daily transactions are back at the level when we were at 1140. It's the network or Facebook effect it can't be stopped.....only bad mouthed...

The price of Eth might even reach 10k by December 2018, those who are able to hold this coin will be richhhhhh then