Topic: [ANN] Ethereum: Welcome to the Beginning - page 619. (Read 2006403 times)

Meh, can't say I agree with his analysis.  It's quite narrow-minded (to be expected from someone with his background), and doesn't accurately describe smart contracts.
https://medium.com/@stokchain/youre-still-wrong-4d8f3ed3f0c1

worth read


I was wrong about Ethereum

https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36




......Supply: the tokens that are available on the market, right? But with every ICO there are more tokens that are being “locked up”. Obviously the projects will liquidate some, to get fiat to pay for development of their project, but they also see the rising price of Ethereum. So at that point greed takes over and they think, totally understandable, “We should probably just cash out what we really need and keep the rest in ETH, that’s only going up anyway it seems.”
And obviously there are new coins being mined, but if you look at the amount of ETH these ICOs raise, at this point, it’s just a drop in a bucket.

Demand: You have the normal investors (who are already very late to the game at this point… as usual), but the buy pressure that these ICOs are creating is crazy and scary. Take TenX for example, it’s an upcoming ICO at the end of the month. The cap is 200,000 ETH (at current ETH price of $370) that’s $74,000,000 for a startup. Here’s the best part: it’s only 51% of the tokens. Effectively giving it an instant $150 million valuation (if it sells out, which it probably will).
Another example is Bancor, a friend of mine runs a trading group, he collected 1,100+ BTC to put into Bancor. This needs to be converted into ETH before the sale starts. These are decent size players, but not even the big whales who participate in these ICOs........

No need to take it serious now it's out of control for any Government to regulate this. Bank will disappear from the scene after few years that is the reason they have so many doubt about their future.

The faster the rise the faster the fall. I am thinking that there is going to be a huge correction in the range of 30%. I love to watch the price goes past the moon and onto mars but it isn't healthy at all. Especially considering the number of Eth in circulation

what would be the price of ETH at the end of the year? and in 2-3 years?

is it healthy for the coin to grow that fast?

I truly wish everyone in eth to be tortured and removed from existence.

market cap too!!

Etehreum is going through the moon, and is very close in beating Bitcoin in 24 hour volume:


                                                                                         24 hour volume
1   Bitcoin   $47,488,492,992   $2898.01   16,386,587 BTC   $1,724,680,000   0.11%   
2   Ethereum   $36,359,774,134   $393.44   92,415,982 ETH   $1,516,530,000   13.32%

https://www.cryptocoinsnews.com/ethereum-races-ahead-raidens-implementation-lightning-network/

Brainbot Technologies, a blockchain development, and consulting company, just released the first implementation of the Raiden Network, which, similar to the Lightning Network, is a layer two protocol on top of Ethereum’s blockchain, significantly increasing Ethereum’s transaction capacity from the current estimated 20 transactions per second to tens of thousands.



The first proof of concept version conceptually solves all aspects “and it can work on the current Ethereum blockchain as it is,” according to Heiko Hees, an Ethereum core developer and CEO of Brainbot, with a “hardened” beta version planned for winter 2016.
One can have a decentralized exchange, therefore, run on the Raiden Network, or, machine to machine payments at a global scale as the network scales linearly with the number of participants. If you add another intelligent machine to the network, for example, you are also adding capacity at the same time to such extent that one might say its scalability is as good as unlimited.



To prove the point, a demo of 100,000 transactions per second is planned for the end of August, turning into reality the long spoken dream of microtransactions which could replace or complement advertising and save the publishing industry.



In combination with Ethereum’s plans for on-chain scalability through sharding, the Raiden Network allows ethereum’s public blockchain to handle any imaginable blockchain application, thus solving the scalability problem and shifting the ecosystem’s focus to securing digital currency and to the implementation of many new applications made possible by blockchain’s invention.




So in around 3weeks we could witness something truly revolutionary for all of crypto...WOW, if this is pulled of 1ETH will be over $25 overnight and the buy pressure will be huuuuuuuuuge.