Topic: [ANN] Ethereum: Welcome to the Beginning - page 707. (Read 2007155 times)

https://www.reddit.com/r/EthereumClassic/comments/5l4z2j/so_alex_van_de_sande_uavsa_and_the_white_hatrobin/

Ok, so how do I send specific token? Because I have hundreds of eth in my wallet, but only ~50 etc.  I only want to send the ~50 etc.

If you want to send the ETH to the exchanges such as Poloniex, you will also send the ETC to it automatically.

Why Etherium is the most promising Blockchain technology

http://betanews.com/2016/12/30/etherium-blockchain/

I just realized I have a sizeable amount of ETC in my Eth fork wallet.  What do I need to do to get access to that?  Is it as simple as installing the ETC wallet and importing my Eth seed?

That's not likely, as time passes the Ethereum Network has added improved Network resistance to attacks, which has not been replicated elsewhere.

Since, August 2016 new feature has been added by Parity team to their client, which has not been replicated elsewhere.

i think that ETHF and ETC will have parity in 5-6$....
Why?
Because Vitalik don't like a devided community.....
Its not good for business...
REMEMBER MY WORD

Well, Ethereum primary function is as a crypto-currency. Therefore, discussing it's current valuation, as to whether it is underpriced, is completely legitimate.

However, most people are quite bored about discussing the primary functions of crypto-currencies and they prefer too spend their time discussing the many secondary purposes that Ethereum could or can be used for.

That is entirely fine with me, but I'm purely interested in primary function as a crypto-currency.

fast and break it. just to make a world computer work. its not at all a store of value. thevictemof... does not understand what ethereum is. he or she thinks its a investement and a little guy can get rich with it. but vitalik and co dont look out for everyday people the daofork showed that .
i think a world computer would be a great idea but only if it makes the world a better place for every one not just for a small elite.

Sounds, like you are talking nonsense!

You've taken nonsense using computer programming jargon and putting it onto this thread for the purposes of trolling.

In an age when huge $10 billion companies and national government departments with over $50 billion budgets have been disrupted in network attacks, I think everyone can agree the developers of Ethereum have been doing an excellent job.

This is how the two major clients for connecting accounts to the network functioned under these network attacks.

The Parity client has had only one problem all year - this was caused by spam of mispriced computational smart contracts in one of the network attacks.

The Geth client has had 3 problems all year - this created by 3 different network attacks from August too October 2016 a) smart contract attack; b) mispriced computational smart contract attack; c) spamming of zero nonce account in the millions with a smart contract. Two of these attacks had no effect on the Parity client.

Investors ETH had not funds stolen in these network attacks, which pretty much means the account system for the Ethereum network is a finished product.

Parity has moved on new and unique features, like Warp speed - when the developers of clients are able to give investors new and unique technologies for the client accessing of account funds, then the account system is definitely a finished article, because that client developer team has the spare time to research, code and test these new technologies.

The problem with ethereum is that it is not even in a beta stage. Too many people throw money into it and it opens up a lot of problems. Such a platform that ethereum are should be developed under 2-3 years time before anybody should invest in it. Peoples greed makes them jump into projects like this and they hope to become rich quickly. Ethereum are also faulty by design.

I do understand, that you have no interest in Ethereum and don't follow developments.

The list of businesses in development is unrelated to banking - not surprising that you didn't realise that.

As you've posted on this thread, you don't know anything about Ethereum.

you never heard of bitshares but anyway.

you pointed it out right this coin is for bussines and bankers not for everyday people. every day people like you just pay for them to gorw and hope the coin will make them rich.
and id guess those biz will be happy if the price stays low once there project runs on the chain.

dont get me wrong i like the idea of ethereum. but i say the coin is overpriced it will fall and be used as suposted. its not a get in and get rich coin.

and i would not invest a tousend to mine gosh there are faster and easier ways to double my money

the big guys ? like who ? pump and dumpers ?

Now, you are using the proxy argument of not seeing the connection, which has been published many times by other people.

When, I first got into crypto-currencies over, 2 years ago - it was written out that when the ROI is close too 365 days on mining hardware you're better off buying the Bitcoins from the exchanges, when the ROI is close to 180 days you are better off buying mining hardware.

Turning too, pricing on POS.

It is a simply calculation - how many businesses are being built on it, which will meet the supply of any POS output (the POS rate being low is beneficial).

Ethereum has the highest number of entrepreneurs building new businesses on the network, which is going to get rid of any POS output of Eth.

The simply fact is: a lot of smaller crypto-coins, that had POS implementation have never had any businesses built onto their networks.

Therefore, most of data people quoted about POS is merely written out by Trolls!

It is irrelevant to Ethereum, because there are regular updates from people building these businesses that will use Ethereum's facilities for smart contract technology.

I am often guilty of this particular transgression, however it is not the case here.

Your original post, as written, is an assessment of ETH pricing versus BTC, not of ROI on miners. You claim that ETH is underpriced because it takes longer to achieve positive ROI.
Convince me there is a causal link there, because it would be a nice tool of assessing market values of altcoins.

The way I see it, SHA ASIC units are priced with BTC price somewhat in mind. Naturally, as their only purpose is to mine BTC - so perhaps their pricing is in a way indicative of BTC value (wild speculation on my part).
The same cannot be claimed with regards to GPU rigs. To put it bluntly, AMD and Intel don't give a rats ass about ETH.
Using your argumentation, I could pick any random GPU mineable shitcoin and then claim it is wildly underpriced as I'd never ROI mining it.

Additionally, what about POS coins? How can we value those, as there is no hardware to mine them.

Well, it appears you simply want to disagree for the sake of disagreeing.

And, you've used the proxy argument of "being confused" by the original post.

The original post, is factual assessment of ROI on buying GPU rig versus buying Antminer S9 and PSU - these cost nearly identical amounts of money.

However, the GPU rig takes 330 days to achieve a ROI on mining Ethereum. The Antminer setup takes 190 days to achieve a ROI on Bitcoin.

Because Bitcoin is biggest crypto-currency in the world, it is used too benchmark other Top 10 crypto-currencies, as too whether those Top 10 currencies are overpriced or undervalued relative to purchase from miners or alternatively buying mining hardware.

As a digression: there are lot's of people who buy hardware to get cash and they will pile into the crypto currency that offers the fastest ROI - this reduces that currencies price in the future.

This is valuable indicator of future price movements downwards - the bigger the currency the better it can survive heavy selling.

While I might or might not disagree with your assessment of ETH undervaluation as laid out. You are completely off the mark in accusing me of blindness. None of what you outlined above is obvious, or can be inferred, from the mining equipment example you purported as, not merely illustrating, but Clearly proving the undervaluation.

If you wanted to talk about negative events, why didn't you do it in the first place?
I maintain the position that your opening mining example does not say anything other than ETH is valued less than BTC

Well, you must be fairly blind to not understand the reasons for undervaluation.

Generally, it is caused by severe short-term negative event. From Bitcoin history the collapse of exchanges through theft like Mt. Gox or the sale of Silk Road's confiscated 44,000 BTC depressed prices in the short-term.

In the case of Ethereum, the short-term negative event was the severe network attack that made it very difficult for investors to access the Ethereum coins in their accounts.  

These severe short-term negative events gradually degrade into insignificance and undervaluation reverses into a much higher price over the long-run.  

The big investors can prove if it is under priced.