Topic: Eth bubble is about to pop (Read 14289 times)

There is a big conference about Ethereum now. After the conference, the price could rise.

https://www.reddit.com/r/ethereum/comments/53k9e4/ledgerwatchs_personal_update_from_devcon2/?st=itb5hw2y&sh=76b31010

It has been a long day... I wish I had a bigger breakfast, because I was starving by the time of the first coffee break.

Most of the things I saw were kind of things I read somewhere, apart of the following (I either missed them of they weren't known):

Swarm has 100+ node test network on Azure

Swarm is generalising the notion of Judge out of their SWindle litigation protocol

Vlad went "back to basics" and presented a provably safe way to achieve agreement on 1 bit (every Validator produces an estimate of single Boolean value) with Casper "bets". He also went "back" to FLP impossibility result, with their proof based on bivalent configurations, and applied similar thing to proving safety in Casper (if it is possible to prove that only an incorrect bet can change the estimate of a validator, given arbitrary adversary). Safety does not imply liveliness, therefore his work is still bound by FLP impossibility, but if you assume censorship resistance (essentially limiting the adversary), it can still work.

Transpiling EVM code into WebAssemply is a very cool idea, because one can then run EVM natively in most modern browsers. With far reaching consequences.

Raiden network generalised to support any ERC20 tokens, and presented a cool demo with an electricity meter, and switch controlled by a payment channel.

Zcash will launch on the 28th of October. I need to find out what is the mining like.

Perhaps I missed a few things, but this seems to cover new things for me.

P.S. if anyone wants to find me, I seem to be the only person wearing trouser braces (aka suspenders).

P.P.S. Technology-wise, everything just worked for me - my sim works in roaming, i've got WiFi in the room, Google and Gmail work too, as well as everything else I use.. without VPNs.

Why do you say that?

It is possible that the price of the two coins are already pumped. With out the pump, the price could be lower.

And was hacker ? Maybe, it was simple scam movie...

Maybe the hackcer has made a deal with the big ETC whales that he will not dump the coin, so the price is high.

it seems there is good support of the Ethereum both the ETH and ETC. I thought the ETC would drop a lot in the past few days, but it was quite stable.

I also feel strange that the market has enough funds to support both coins. The total market cap remain quite stable.

Maybe you're right, but at the moment they are managing to pump the two cryptos, even with the recent increase in the number of coins in circulation (the coins drained from the DAO).

It is better to buy the ETH now. It has still good community support and the price is rising very fast at present.

I did not hear anything from the hacker society.
So I will not buy any ETC in the next few weeks to see the situation.

We need the words from the hacker to tell us how he is going to do with the ETC. If that is for good cause, I might buy some.

That is right. By not cooperating with other people, he can use the ETC as a ATM machine and get money out of it very easily.

I think the hacker will not negotiate with other people. So he can manipulate the price at this sole will.

If the big bitcoin holders who support the ETC negotiate with the hackers, then the price of ETC could rise.

That could be the reason for the recent price drop.
The ETC price has dropped over 50% in the last few weeks. It could drop more.

The Ethereum Foundation still has millions of Ethereum including the ETC. So when it sells it on market, it might crash the price.

I think the ETH price will rise a lot when the Etheruem Foundation dumps the Ethereum Classic to the market.

Their dollar price might be going down at present. But their bitcoin price is more or less stable. When the summer holiday finishes, the price will go up.

ETH and ETC counting their last days, already we can see they are slowing down.
We could see major crash of one of those..And whales probably awaiting new fresh blood..

Ethereum lovers will be glad to see the crash of ETC - their perceived enemy.