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Topic: Call the bottom - Ethereum - page 3. (Read 3669 times)

legendary
Activity: 1862
Merit: 1505
April 09, 2016, 02:48:46 PM
#12
$8-$9 before going back to  $10-$12+

..then to the moon $25+!  Wink

I agree with the first line of your post. I guess it's time to buy it, and it will go back to $12 soon. However I don't see the value of ethereum anywhere closer to $25 in at least upcoming 3 months.
legendary
Activity: 1260
Merit: 1000
April 09, 2016, 01:54:18 PM
#11
Mining is a waste of Electricity and no fairness - POS is the way to go for a good healthy network and fairness. Everyone can keep their wallets staking but not all people that can buy expensive mining rigs and keep mining forever.

Wrong.  No matter how you try and spin it, closed entropy systems are permissioned ledgers that aren't decentralized.  Distributed yes, but not decentralized or permissionless.

If you don't understand why, read this thread:

IOTA - Permissioned ledger Russian extortion scheme

https://bitcointalksearch.org/topic/iota-permissioned-ledger-russian-extortion-scheme-1414866

full member
Activity: 163
Merit: 100
April 09, 2016, 04:52:54 AM
#10
Probably we will see many pumps and dumps with this project, because this is way for making money.
 If drop significantly i will rejoin, but till then i'm in others related and even better projects.
sr. member
Activity: 322
Merit: 250
April 09, 2016, 04:41:19 AM
#9
I would hope it goes back to $5 levels, ETH has been good so far for me.
Cant agree more. $5 seems reasonable for ETH
member
Activity: 74
Merit: 10
April 09, 2016, 04:37:10 AM
#8
I would hope it goes back to $5 levels, ETH has been good so far for me.
full member
Activity: 163
Merit: 100
April 09, 2016, 04:28:35 AM
#7
Now everybody want to see LISK released. This might be even better pump and maybe historically highest prices for some alts, in comparison to other similar projects, or maybe LTC , DASH who knows, trading already started (token trading) with very good volume.
sr. member
Activity: 294
Merit: 250
SynqCrypto Team
April 09, 2016, 04:26:03 AM
#6
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.


I think you should rethink a little more about security differences if it comes to POS/POW. There is literally no difference of buying half of the coins or half of the mining capacity if it comes to a coin with a high market cap. POS with forging is the equivalent to interest in your bank account and so its a good way to go...
Mining is perfect for a fair distribution method. Its also fine, if we find a way using the mining power for calculating useful things, but the waste of the SHA shit is for the ass...
Mining is a waste of Electricity and no fairness - POS is the way to go for a good healthy network and fairness. Everyone can keep their wallets staking but not all people that can buy expensive mining rigs and keep mining forever.
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
April 09, 2016, 04:08:41 AM
#5
I do not think the Ethereum has reached the bottom yet. If the price stay around 0.02 for 2 to 3 months, then it is the bottom.

Ethereum to me looks like one of the most manipulated coins anyway, i wouldn't be surprised if it goes way lower, and then a few more
pumps and dumps, just to make profit for large holders. If you are thinking of investing, i would advise you high caution.
full member
Activity: 221
Merit: 100
April 09, 2016, 03:52:20 AM
#4
I do not think the Ethereum has reached the bottom yet. If the price stay around 0.02 for 2 to 3 months, then it is the bottom.
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
April 09, 2016, 02:43:15 AM
#3
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.


I think you should rethink a little more about security differences if it comes to POS/POW. There is literally no difference of buying half of the coins or half of the mining capacity if it comes to a coin with a high market cap. POS with forging is the equivalent to interest in your bank account and so its a good way to go...
Mining is perfect for a fair distribution method. Its also fine, if we find a way using the mining power for calculating useful things, but the waste of the SHA shit is for the ass...
legendary
Activity: 1260
Merit: 1000
April 09, 2016, 12:18:28 AM
#2
Zero because it's a closed entropy permissioned ledger (just like all PoS coins), which means it's distributed but not decentralized, so it's technically more like a shareholder owned business.  Except there are usually laws about trading shares of a company, so it's more like some type of illegal security (with a kinda flaky security model like all PoS systems).  It really has nothing in common with Bitcoin at all.  Even if you want a shareholder owned business and not a decentralized system, it's unable to scale to offer any commercial viability for it's services.  

Federated chains are not decentralized either, but they usually have high performance.  You have to take a hit in performance to move from federated to decentralized.  Eth is neither federated or decentralized, so it has the cons of both systems and none of the benefits.
hero member
Activity: 532
Merit: 500
April 08, 2016, 11:25:14 PM
#1
$8-$9 before going back to  $10-$12+

..then to the moon $25+!  Wink
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