Topic: [ANN] Ethereum: Welcome to the Beginning - page 597. (Read 2006403 times)

NEO in China at least

If LTC is a little brother to BTC, which coin would you say is a little brother to ETH?
ETC, EXP, UBQ?

That is right. The ETH should concentrate on the smart contract market.

I don't think the issue with Ethereum is Bitcoin, Ethereum has shown it can stand on its own but the issue for Ethereum is the number of competing project in the space that is competing for the-same market, MySpace has shown that because you are first in a space doesn't mean you won't be out paced.

The deal is not about bitcointalk forum or not having its own forum. The problem ethereum haters are making a black propaganda every time when ethereum faces a difficulty. But soon, this will change after ethereum POS.

I would not be surprized if Eth goes up in both cases but to different degrees. If confidence builds in BTC (and virtual currencies in general if things goes smooth Aug 1) the confidence will spill over to Eth. If things go bad for BTC Aug 1 people might move into Eth. It is not the old days anymore where Eth and BTC are inverse. It is much less the case nowadays with more new money coming into play.

Ethereum Smart Contracts can be used in the near-term to reshape the tax industry for the better, and may even play a larger role in the fundamental reshaping of how governments run.
https://www.linkedin.com/pulse/ethereum-shaping-future-tax-ian-m-worrall
Technology behind of ethereum will be adopted by government in the future related with taxes and other.

The correlation between BTC & ETH is already decreasing, I made a study about it 1 year ago, I need to check it again on a month/monh basis.

Maybe in 1-2 years ETH will become independent of BTC, because after all it has no ties to it whatsoever. Maybe ETH needs it's own forum to not rely so heavily on Bitcointalk. That would make it more independent.

Thanks for answer though, I personally think there will be a tiny drawdown like 10-15%, but nothing catastrophic.

I think the likely trouble on August 1 has been averted since Segwit has been locked in, all Altcoin is going to suffer a day or two dump when SegWit is activated because for me I think SegWit news has been priced in the price for now.

Mist and Ethereum Wallet 0.9.0 are out on Github !!!

Now with native ENS and Swarm integration.

Unfortunately (IMO) there is no crypto mature enough, including ETH (yet...), to have a market independent of Bitcoin trade. So I would guess that if Bitcoin goes up, every other cryptos will go up like you can see every day looking at CoinMarketCap's charts.

Hopefully within a few years, the ETH market won't rely that much on Bitcoin anymore and the two of them will be able to spend some time along (and not against) each other.

Would ETH go down in price if Segwit in BTC goes smoothless?

Would ETH go up in price if Segwit activation occurs some trouble on August 1st?

^^^ Your info is outdated, the ETH DAG is over 2GB now and the way the memory controller in that old Tahiti card works you'll only get 15MH/s unless you mine a clone with a low DAG like EXP, UBQ, MUSIC et al. RX cards are all sold out so you your only hope for an ROI at this point is the GTX1060.

Despite everyone pleading for early POS in 2017 - VB has always maintained 2018 would be the actual date for implementation.

The Ice Age is the friend of Ethereum Network's GPU rig backers, like the Youtuber MrYukonC!

In 2014, when Litecoin went over too ASICs, the people who came in the last few months were left nursing huge losses on new GPU rigs - everyone tried to sell off these GPUs at the same time in late spring of 2014 and the price of GPUs on 2nd hand market collapsed in Europe and the USA.

These people became very upset and this damaged progress of all crypto-currencies!

The Ice Age reduces daily block given out to owner's of rigs around every 15-20 days, which allows GPU rigs owners to calculate their electricity costs, 2nd hand resale value of their GPUs and then dispose of GPU asset should calculations show good window of opportunity to go early versus going late in the Ice Age.

Ice Age adds roughly 1.5 seconds difficulty onto block find times every 15-20 days to difficulty!
 
For example, in the UK:

R9 290 4GB overclocked to 1070mhz and 20% Powertune (Hawaii GPU): 30Mhs
2nd hand resale value on ebay of £140 to £190.
Power Usage is: 228watts
Electricity costs are £0.12 KWh.
------------------------------------------------
Power Cost per annum is: £250.357
------------------------------------------------
Net Earning without Ice Age is: £405.87
------------------------------------------------

With this card, going early makes more common sense than going late, because ICE AGE will definitely make this GPU uneconomic within 1 year.

Furthermore, Nvidia will be launching Volta next year, which is expected to see a 30-40% increase in hash output. So, that, will definitely bomb out a lot of older GPUs.  

Because of the ICE AGE, people with cheaper electricity in the UK may choose to continue mining with this card - this has maintained the 2nd hand resale values of GPU assets because not everyone is selling off their GPUs in the same few weeks of this year or next year.

So, the Ethereum Foundation has taken the headache out of the POS, via the ICE AGE.

Thanks mate

you can find details here.
https://blog.ethereum.org/2017/04/01/ethereum-dev-roundup-q1/

Hey guys i have been mining Eth for a while now and by the time i started there was a lot of disscussion about the POS and when would be implemented... Has far has i know ( please correct me if im wrong ) POS wont happen for another year right? But what about this Ice age thing on difficulty i hear so much? Will be something changed in order to keep miners on the network until POS? Thanks guys

Ethereum Q&A: ICOs and responsible investment


https://www.youtube.com/watch?v=C8UdbvrWyvg

Try getting into ICO's and ETH tokens, there is a lot of profit there. I make 15% profit daily from trading PPT via Etherdelta:

https://etherdelta.github.io/#PPT-ETH

Yes....the cryptocurrencies are doing great but how much of it is just hype?  How much of its value is supported by solid, well informed investors, and how much of it is just excited money injected by new investors who want to get in before it's too late?  I think that much of the cryptocurrency market cap is supported by real development on the ethereum chain....I'm not so sure about the investments into the bitcoin chain....that looks like pure FOMO brought on by recent surges in the ethereum token markets....I dunno how accurate the coinmarketcap numbers are either....they're fishy at best, 4764 markets?