[ANN] Ethereum: Welcome to the Beginning - page 722.

lordoliver

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Quote from: tempus on December 04, 2016, 02:25:19 PM

Quote from: ?? on ??

Quote from: tempus on December 04, 2016, 02:06:29 PM

...
Edit: Since I didn't have the last few lines... No worries, I don't want your ETH. ;-)

For sure. those kind of subline fud I love the most.

You edited your post. First there only was one line, and then you added more said "But I tell you what: Forget it! You don't get a single coin from me!" - so I just let you know that I don't want your coins.

Btw, if you look into my post-history you can find out that my opinion about Ethereum never has changed. I believe it's a very innovative project and that it has a lot of value. But as an Investor I always stayed back because in my opinion it's over-compex and I don't believe in complexity.

Quote from over a year ago in the Factom-thread:

Quote from: tempus on November 09, 2015, 02:56:00 PM

(....) My impression about ETH is, that it's a hype. I don't mean that in negative way because it's a great idea with big potential, but it'll need some time and in my eyes and for now it's overpriced. They have a huge inflation and there may be a lot of risks on it's way because of it's technical complexity. But: It's very known. Everybody in the "Crypto-world" knows ETH and the volume is incredible. (...)

That's still my opinion and when you look at "there may be a lot of risks on it's way because of it's technical complexity" - turned out to be true, right?

Yea, I saw that. Deleted it before already. Sorry.

tempus

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Quote from: ?? on ??

Quote from: tempus on December 04, 2016, 02:06:29 PM

...
Edit: Since I didn't have the last few lines... No worries, I don't want your ETH. ;-)

For sure. those kind of subline fud I love the most.

You edited your post. First there only was one line, and then you added more said "But I tell you what: Forget it! You don't get a single coin from me!" - so I just let you know that I don't want your coins.

Btw, if you look into my post-history you can find out that my opinion about Ethereum never has changed. I believe it's a very innovative project and that it has a lot of value. But as an Investor I always stayed back because in my opinion it's over-compex and I don't believe in complexity.

Quote from over a year ago in the Factom-thread:

Quote from: tempus on November 09, 2015, 02:56:00 PM

(....) My impression about ETH is, that it's a hype. I don't mean that in negative way because it's a great idea with big potential, but it'll need some time and in my eyes and for now it's overpriced. They have a huge inflation and there may be a lot of risks on it's way because of it's technical complexity. But: It's very known. Everybody in the "Crypto-world" knows ETH and the volume is incredible. (...)

That's still my opinion and when you look at "there may be a lot of risks on it's way because of it's technical complexity" - turned out to be true, right?

lordoliver

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Quote from: MostlyGhostly on December 04, 2016, 02:04:47 PM

Quote from: lordoliver on December 04, 2016, 01:50:51 PM

Quote from: tempus on December 04, 2016, 01:18:04 PM

Quote from: MostlyGhostly on December 04, 2016, 01:13:16 PM

What are the reasons for this dump, if any?

1) Bitcoin is strong and it doesn't seem as if it wants to go down anytime soon

2) If I would be invested in ETH I would also lose trust after all the drama since May (DAO)

3) the people who dumped their ETH on top try to buy them back cheep, that's why they staged a lot of things about the fork topic...
and let it shine bad, sooo bad, omg so bad, it has to be sooo bad, that we can buy the coins back cheeper.
But I tell you what: Forget it! You don't get a single coin from me!

Great. What about the hardfork? The last one, not related to the DAO. That fork might be chewing away the trust from this house.

This technology is so complicated, that I can only have the greatest respect, because it still works after all those problems. Bitcoin dropped from 30 to 1$ after forking problems in 2011. The people who kept trusting are now the winners. Others bite their asses ;-)
I don't want to say, that it can't fail. But I want to support and not sell because of any smaller problem...

tempus

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Quote from: lordoliver on December 04, 2016, 01:50:51 PM

Quote from: tempus on December 04, 2016, 01:18:04 PM

Quote from: MostlyGhostly on December 04, 2016, 01:13:16 PM

What are the reasons for this dump, if any?

1) Bitcoin is strong and it doesn't seem as if it wants to go down anytime soon

2) If I would be invested in ETH I would also lose trust after all the drama since May (DAO)

3) the people who dumped their ETH on top try to buy them back cheep, that's why they staged a lot of things about the fork topic...
and let it shine bad, sooo bad, omg so bad, it has to be sooo bad, that we can buy the coins back cheeper.
But I tell you what: Forget it! You don't get a single coin from me!

There was a double top (first high in March, second one in May) and since Sept. 20 the price is heading down. That has much to do with the strong BTC-price of course, but it also shows decreasing trust and increasing concerns in general. I doubt that the price-development has much to do with those who sold high. Thing is: It's still not cheap!

What I believe could happen, and that is what I believe is visible in the chart: At a certain point in time there will be competitors in the "smart-contract-business". In some years it's possible that we'll look back on ETH as a important sandbox, like a "computer-science-lab", but I doubt that it will be ETH that will make it into the business-world. And if that should turn out to be true - it's still overvalued.

But.. only my personal opinion. Could be wrong of course.

Edit: Since I didn't have the last few lines... No worries, I don't want your ETH. ;-)

MostlyGhostly

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Quote from: lordoliver on December 04, 2016, 01:50:51 PM

Quote from: tempus on December 04, 2016, 01:18:04 PM

Quote from: MostlyGhostly on December 04, 2016, 01:13:16 PM

What are the reasons for this dump, if any?

1) Bitcoin is strong and it doesn't seem as if it wants to go down anytime soon

2) If I would be invested in ETH I would also lose trust after all the drama since May (DAO)

3) the people who dumped their ETH on top try to buy them back cheep, that's why they staged a lot of things about the fork topic...
and let it shine bad, sooo bad, omg so bad, it has to be sooo bad, that we can buy the coins back cheeper.
But I tell you what: Forget it! You don't get a single coin from me!

Great. What about the hardfork? The last one, not related to the DAO. That fork might be chewing away the trust from this house.

lordoliver

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Quote from: tempus on December 04, 2016, 01:18:04 PM

Quote from: MostlyGhostly on December 04, 2016, 01:13:16 PM

What are the reasons for this dump, if any?

1) Bitcoin is strong and it doesn't seem as if it wants to go down anytime soon

2) If I would be invested in ETH I would also lose trust after all the drama since May (DAO)

3) the people who dumped their ETH on top try to buy them back cheep, that's why they staged a lot of things about the fork topic...
and let it shine bad, sooo bad, omg so bad, it has to be sooo bad, that we can buy the coins back cheeper.
But I tell you what: Forget it! You don't get a single coin from me!

tempus

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Quote from: MostlyGhostly on December 04, 2016, 01:13:16 PM

What are the reasons for this dump, if any?

1) Bitcoin is strong and it doesn't seem as if it wants to go down anytime soon

2) If I would be invested in ETH I would also lose trust after all the drama since May (DAO)

MostlyGhostly

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What are the reasons for this dump, if any?

Cateinyard

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Quote from: starmman on December 04, 2016, 04:28:41 AM

Quote from: target on December 03, 2016, 11:13:35 PM

Wait for the ICONOMI team to release their performance funds and ETH shall moon again. This is the best time to buy ETH for it will surely go up. This is exactly the reason why traders stick to coins that dip and rise quicker.

Interesting, I have managed to accumulate a few ETH during the downturn - will be interesting to see if ICONOMI can reverse the trend.

It is quite possible that the Ethereum price will drop again in the next few months. That is similar to other coins.

starmman

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Quote from: target on December 03, 2016, 11:13:35 PM

Wait for the ICONOMI team to release their performance funds and ETH shall moon again. This is the best time to buy ETH for it will surely go up. This is exactly the reason why traders stick to coins that dip and rise quicker.

Interesting, I have managed to accumulate a few ETH during the downturn - will be interesting to see if ICONOMI can reverse the trend.

target

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Wait for the ICONOMI team to release their performance funds and ETH shall moon again. This is the best time to buy ETH for it will surely go up. This is exactly the reason why traders stick to coins that dip and rise quicker.

CoinCidental

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Si vis pacem, para bellum

Quote from: MFahad on December 03, 2016, 11:02:19 PM

Quote from: thevictimofuktyranny on November 29, 2016, 12:02:50 PM

I would imagine the large numbers of new people to crypto who are involved with Ethereum has more to do with pre-christmas price drops.

Most of the cash purchases for ETH have dwindled in the run into Christmas - because these people have switched their spending to Xmas priorities (gifts and family expenditures).

This tends to effect most crypto's big in the Western spheres and Eastern spheres.

After Xmas ETH price will pick up again

Then, there is POS implementation at end of Feb or beginning of March.

It should be remembered: Proof-Of-Work System does need to raise a lot of fresh cash from new purchases.

When Ethereum goes to Proof-Of-Stake, it will no longer need to raise lots of fresh cash from purchases.

This correction should be used to make some profits.
And yes people do liquidate some of their investments during Christmas and New Year.

A lot of people get given money as gifts and bonuses from employers around the Xmas and new year festivities also....

Some of them may choose to invest it in crypto whether there is a price drop or not...

Don't count on much price drops as existing holders will simply hodl rather than dump for cheap if there's no money on exchanges etc

zoose

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When ETH goes to POS it will die like every other POS coin. POS stands for Piece of Shit for a reason!

MFahad

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Eloncoin.org - Mars, here we come!

Quote from: thevictimofuktyranny on November 29, 2016, 12:02:50 PM

I would imagine the large numbers of new people to crypto who are involved with Ethereum has more to do with pre-christmas price drops.

Most of the cash purchases for ETH have dwindled in the run into Christmas - because these people have switched their spending to Xmas priorities (gifts and family expenditures).

This tends to effect most crypto's big in the Western spheres and Eastern spheres.

After Xmas ETH price will pick up again

Then, there is POS implementation at end of Feb or beginning of March.

It should be remembered: Proof-Of-Work System does need to raise a lot of fresh cash from new purchases.

When Ethereum goes to Proof-Of-Stake, it will no longer need to raise lots of fresh cash from purchases.

This correction should be used to make some profits.
And yes people do liquidate some of their investments during Christmas and New Year.

Bakemat

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Quote from: JeffBrad12 on December 03, 2016, 12:28:04 AM

Quote from: jubalix on December 02, 2016, 05:04:52 PM

so eth auto forked....

I think the different implementations accrue idiosyncrasies in the coded bases that mean marginal errors and other issues will accumulate...

I think ETH/ETHC has promise and these are teething problems but one wonders if eth is the one to do it.

The market shows BTC is the hard currency.

What makes you thing if ETH is an auto fork? In this time I just realize if the ETH fork was a way for improving itself. And it wasn't becoming errors. Tell me the truth.
Sound different with bitcoin fork.

That is right. As long as the hard fork of the Etheruem is to improve the system, it is better to do that again.

CoinCidental

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Si vis pacem, para bellum

Quote from: bitpop on November 29, 2016, 10:44:56 AM

Stick a fork in it

You still have a fat cock in your ass for ethereum.... You should try to relax man, stress kills...

JeffBrad12

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Quote from: jubalix on December 02, 2016, 05:04:52 PM

so eth auto forked....

I think the different implementations accrue idiosyncrasies in the coded bases that mean marginal errors and other issues will accumulate...

I think ETH/ETHC has promise and these are teething problems but one wonders if eth is the one to do it.

The market shows BTC is the hard currency.

What makes you thing if ETH is an auto fork? In this time I just realize if the ETH fork was a way for improving itself. And it wasn't becoming errors. Tell me the truth.
Sound different with bitcoin fork.

salmanahmedone

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Quote from: thevictimofuktyranny on November 29, 2016, 12:02:50 PM

I would imagine the large numbers of new people to crypto who are involved with Ethereum has more to do with pre-christmas price drops.

Most of the cash purchases for ETH have dwindled in the run into Christmas - because these people have switched their spending to Xmas priorities (gifts and family expenditures).

This tends to effect most crypto's big in the Western spheres and Eastern spheres.

After Xmas ETH price will pick up again

Then, there is POS implementation at end of Feb or beginning of March.

It should be remembered: Proof-Of-Work System does need to raise a lot of fresh cash from new purchases.

When Ethereum goes to Proof-Of-Stake, it will no longer need to raise lots of fresh cash from purchases.

I have to say that you have got a valid point. I am looking to add some and hold for 6 months and
sell to make some profits.

bitpop

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Sell your ethf and move to Ukraine

jubalix

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so eth auto forked....

I think the different implementations accrue idiosyncrasies in the coded bases that mean marginal errors and other issues will accumulate...

I think ETH/ETHC has promise and these are teething problems but one wonders if eth is the one to do it.

The market shows BTC is the hard currency.

Topic: [ANN] Ethereum: Welcome to the Beginning - page 722. (Read 2006460 times)