Topic: [ANN] Ethereum: Welcome to the Beginning - page 738. (Read 2007125 times)

why can eth keep a stable price during all that troubled water ? are there suport walls ? and if yes how does that work ?

Hi i just want to ask if ethtrade.org is legit company thanks.

Yes, but in contrast to bitcoin ETHF pumps don't work. Every attempt is quickly and impatiently sold out.

Ok,lets see how is it going to be ,will wait for that.

Ethereum is as solid as a rock. It will not be swayed with some bitcoin pumps. Those who think it would.....

but there was no panic dump. the price didnt fluctuate in a range one would expect with such a long time attack. eth stood above 10 euro even if you cant even transfer it smooth. same in etc. and if i am informed right the attacks do cost gas so they burn there own money doing them.

so i cant see what huge shorting could be done.

and no i am not just pro etc i watch eth too couse this attacks look like a highlevel chess game. its interesting what the next move might be.

i think the motivation is not money its more ideological.

the attackers must be very smart. and know blockchain technologie very well. and especialy ethereum blockchain.

An Awesome coin Ethereum its so valuable......

In polo I have seen very low buy wall support. Eth may face huge dump in next week. It is just my personal opinion. Am I wrong ?

Hey guys,

I have just switched to parity because geth doesn't work at all for me. I have synced and opened new mist 0.8.6 but I don't see my balance. What am I doing wrong? How to add an account and show my balance?

Last wallet I have used was 0.8.

Thanks guys

Maybe I'm stupid, but could someone review this address, I think the balance is not correct:

https://etherscan.io/address/0x00b82ebdf9a0da92a1f75d413fed0f5b82d035fb
https://etherchain.org/account/0x00b82ebdf9a0da92a1f75d413fed0f5b82d035fb

This is not possible imo.

Any ideas what happened there?

Disclaimer: I'm not much into ETH, so I might oversaw something. Please clear me up 

Why is ethereum superior to bitcoin, can it avoid the current cap bitcoin finds itself in or is it much faster to confirm securely a transaction.   Something obvious like that maybe or a more subtle acummulative effect where it will surpass bitcoin eventually, its hard to beat the current standard which everyone defaults to in their support and usage.   Litecoin didnt, thats probably peaked already so Im just saying it probably has to be better in some way to do prosper as well
The wiki is impressive but the price rose 10x this year so I guess that fits.  Why is the price not shown on bitcoinwisdom, etc and eth is confusing and I guess ETH is the 'real' chain.    Any confusion is bad for growth of usage in the wider population so just wondering as its all generally confusing to me :p  Is this likely to be a consumer crypto standard or maybe more business orientated


Banks are unique in an economy, they form part of money creation.  They are first buyers for government debt if nothing else they wont go easily.   We cant just switch over to amazon cards or whatever, those companies are relying on the currency standard which is part of government and taxes and so on.    Maybe thats the net result of all this crypto standard, to allow more company and capitalist based economic transaction as we have fallen into politics and nationalist produced money.  The losers there are those not in the political elite like your 3rd world country perhaps, I would much prefer we have capital with the people distributed by demand and enterprise.
Any move away from fiat would be a massive deal and an end of an arc going back maybe a hundred years.   The reason a small 3rd world economy is not as significant is that its already likely relying on other countries around it, so Zimbabwe they used fiat notes from south africa and to some extent gold or other tradable items.  USA dollars failing would be a big deal, leaving no other alternative for many.  It is a very privileged system, a big change to that status quo would be a life changing event for most of the planet

If all goes well with ethereum this will be bigger than Bitcoin in my opinion. For now it has always experienced growing pains. If it is mature enough and embraced by majority fintech , it is going to be the Berkshire of cryptocurrency.

Calm down guys, the attack on Ethereum was all about making profits through crimes.

Get a dump going on through a huge theft or network attack, buy up at bottom of a panic dump of ETH and then sell it off when the price rebounds.

Trying to connect it up too stuff happening outside of crypto currencies is silly

I think this is one a' those areas where it doesn't really matter what you think. Not a thing you can do about it. And everybody was all freaked about about a few ddos attacks within our own realm. Makes it looks like nothin' in comparison.

http://www.cnbc.com/2016/10/22/ddos-attack-sophisticated-highly-distributed-involved-millions-of-ip-addresses-dyn.html

Interesting. 

Who knows when the hackers will strike again and who they are, like that matters. And, where? You just have to hope there's some fix for it. God only knows what. Didn't you always know it would come to this? They're hijacking all our "smart" machines, appliances, security cameras, and the whole 'Internet Of Things," you name it. That has ALWAYS been the big fear and now it is here!! Look up "Internet Of Things." Here, I'll do it for you: https://en.wikipedia.org/wiki/Internet_of_things It's infinitely complex, if you ask me. This is like the warning shot across the bow of the Internet.

Enjoy: https://www.cnet.com/news/internet-outage-dyn-ddos-attack-twitter-spotify/

Lol, you guys with the tinfoil hats crack me up. The world and fiat economic system has been "collapsing" my whole life. Don't you guys get tired of fear mongering and post apocalyptic dabbling? I'm from a third world country, I've seen my region financial system "collapse", looting, blackouts, military securing the streets and nothing really happens if you are not an idiot, so don't worry too much. You guys from the first world can't even phantom the privileges you have right now so I can agree with you that any change will hit you hard now that I think about it.

Anyway, everything will fall into place like it usually does without major problems, right now many tech oriented companies like Google, Amazon and many others are absolute giants so there's really no point of having banks, we as a society are reacting to these uncertain times but we'll adapt for the benefit of us all (the rich and powerful will benefit a little more as usual...). We've seen this happen to many sectors lately. Right now it's ridiculous for a bank to exist in the first place, let alone charge you money for securing yours. Amazon, Facebook, Google or Apple (and even Paypal) are much more capable and friendly than them with all their security and speed to handle your money. Imagine if they would adopt blockchain/interledger tech on top of that. You trust your whole life to them, money should be an afterthought.

That's the crisis we have right now, a paradigm economic shift based on new tech. Just check the new Tesla self driving car and imagine what could imply to our day to day life. Millions of jobs will have to transition to something else and fast.

Same for "bankers" and schemers, accountants and whatever useless office employee who does nothing all day.

The Sterling is already everaping at the moment. Its value has dropped over 20% in the last few months.

US or UK would be my first guesses. They need a contingency plan to shut down Internet and introduce martial law when dollar-based financial system implodes and trillions of dollars and pounds in banks evaporate.

https://www.reddit.com/r/ethereum/comments/58n6ok/miners_please_run_with_targetgaslimit_2000000/?st=iulezm9x&sh=503bd37d

Miners: please run with --targetgaslimit 2000000 (geth) or --gas-floor-target 2000000. There's no reason to lower it further than this level; for some reason many miners are still targeting either 1m or 500k.
Submitted 1 day ago * by vbuterinJust some guy - announcement
Gas limit currently at 1.2m; it's been decreasing by ~100k per 4 hours for the past day and a half. Uncle rates back during full DoS spam at 2m were at ~0.25-0.3, so lowering the limit to 1.2m is excessive.

Note that some client developers are considering a dynamic gas limit formula where the gas limit target would keep going up slowly, and then come back down every time they see a block that subjectively takes them more than 2 seconds to process. This would allow for an appropriate gas limit to be maintained to ensure network health without the need for manual intervention on the miners' part to change target gas limit flags; I support this proposal.

Note on incentives: some erroneously believe that miners may have the incentive to vote the uncle rate down further because they want to lower the uncle rate to preserve their revenues. However, miners' revenues as a whole do not at present go down when uncle rates go up (because the difficulty targeting algorithm targets blocks per minute and not blocks + uncles per minute), and targeting a lower gas limit does not affect you any differently from any other miners. --targetgaslimit is a vote on global consensus parameters, not a private transaction policy setting. If miners are concerned about their own personal uncle rate, then their existing strategy of raising gas prices during DoS attacks does that job quite well.