Topic: Eth Coin Poll (Read 1362 times)

What Philip said is right. But the GPU mining of the ETH is planned to stop some time next year. We need another coin.

here  is an further example of why eth coin will get huge buyers of coin.

lets pretend I am Warren Buffet .

And I went strong on Intel stock.

https://ycharts.com/companies/INTC/market_cap

Intel's current market cap is  163 billion usd  at 34 usd a share

 So with very little money put into Eth coins I can directly boost intels sales of   cpus'  thus raising the 163 market cap to say 180 market cap.

BTC does not do this  as it is all asic bound.

Nvida
https://ycharts.com/companies/NVDA trades at 57 bucks
https://ycharts.com/companies/NVDA/market_cap  cap is 29 billion

AMD trades at 5.84
cap at 4.634billion
https://ycharts.com/companies/AMD
https://ycharts.com/companies/AMD/market_cap

all companies above are aided greatly by a good eth coin  price.

once again the dao is shit fuck it.

my reasons are huge reasons for people that own the stock above to buy eth coins.

these 3 companies have a combined cap of about 200 billion usd.

Eth coins are about 1.1 billion

So by feeding into eth coins and improving  the price for the coin I affect the bottom line of the three companies above.

So any investor in those companies is affected by solid ETH coin gains.

AND IF ETH COIN TANKS an investor is affected negatively .

So basically until ETH coin stops it's gpu geared mining many people will send money into the eth  coins In order to help those companies.

BTC does not have this at all at the moment.

I see a very simple marriage of the two coins here that will help both coins and It could happen.

If it does. BTC will drop to 60% and Eth coin will gain to 25%

in truth not a hurt to BTC other then market share .

The very fact that Eth coin is far more flexible via fork then btc allows a strength that btc is missing.

The complement to each other is truly good.

Your starbucks ETH easy to reverse if an error and it can handle  millions of transactions a day

 a car purchase btc can't reverse but much more paperwork due to a big sale so other remedies

It BTC stays at the 300,000 to 670,000 max each day. With  very slow block size increase say 1 million to 2 million

philipma1957, very good reasoning for the big companies to support the Ethereum. But Ethereum will be PoS next year.

dao is cooked. definitely.

eth violated cryptos main reason: immutability. yes

but it is still unique and it MAY lead to things that no one has thought could be done.

we shall see

no company (ntel,Nvidia,AMD) would add cryptocurrency payment just because their users may buy their product to mine that cryptocurrency. there is a lot of things wrong here. and these companies are not investors that you think they are going to buy eth to push the price up so that they can sell more product.

so far they are not even want to accept bitcoin payment, a cryptocurrency that has been around for a longer time and is trusted. and even if someday they (any company in general) do add such payments they go through a processor like bitpay to receive the $$$ equivalent not that crypto because they don't want/care about it.

Was a bit of a humorous choice along with how the FFF do I know.

But I do math here and my 1200 dollar fully new build mentioned above.

Gives you a really good pc and if you mine 12 hours a day it earns back over 50 a month.

Still giving you the user a solid pc  with 2 to 7 year warranty from real companies.

So if you are in the market for a desktop pc  ETH coin has real value.  I see  a lot of interest in ETH coin  for this reason.

Plus  the only BTC gear you can own right now is an s-9  it burns  1400 watts. loud and hot.

My build   burns under 400 watts and is quiet  not hot.

If I run the eth miner 24/7  it earns 150 usd  a month and uses 300 kwatts so at 10 cents 30 in power
If I run the BTC miner 24.7 it earns  275 usd  a month and uses 1000 kwatts a month at 10 cents 100 in power.

So  60 net for 1200 out of pocket eth coin  and  the pc is 50% mining
so 120 net for 1200 out of pocket eth coin  and the pc is all eth coin mining

or 175 net for 2000 out of pocket btc coin and the it is all mining


Eth coin looks better at the moment

Nothing like screwing the miners that just saved you from being sued

voted "what is a true hurt on btc" as I need to do more homework.

do love btc.

think eth has a real future IF it is very careful.

i have btc, eth, did have dao. interesting ride with all of them, plus a few i forgot about.

Well It is pretty simple

Intel ,Nvidia + AMD  sell parts for desktops pc's

So any Gamer that buys into some side miner action  now has a reason to buy and build a Gaming_miner.

Since he would not be a full time miner of coin  what he gets is  a rebate on his gear via part time mining.

A two card rx 480 built to mine and game costs

mobo ... 110 ... http://www.newegg.com/Product/Product.aspx?Item=N82E16813138421&cm_re=biostar_z170-_-13-138-421-_-Product



ssd ...         70-85

http://www.newegg.com/Product/Product.aspx?Item=N82E16820167379&ignorebbr=1&cm_re=m2_ssd-_-20-167-379-_-Product


2 ram sticks 60-70
http://www.newegg.com/Product/Product.aspx?Item=N82E16820232300&cm_re=ddr4_ram-_-20-232-300-_-Product
a cpu          200
http://www.newegg.com/Product/Product.aspx?Item=N82E16819117563&cm_re=i5_6500-_-19-117-563-_-Product
2 rx 480s    500
http://www.newegg.com/Product/Product.aspx?Item=N82E16814202221&cm_re=rx_480-_-14-202-221-_-Product
a case        80- 100
http://www.newegg.com/Product/Product.aspx?Item=N82E16811139056&ignorebbr=1&cm_re=corsair_carbide-_-11-139-056-_-Product


a psu          130

http://www.newegg.com/Product/Product.aspx?Item=N82E16817438057&ignorebbr=1&cm_re=evga_power_supply-_-17-438-057-_-Product

about 1200

So every company above gains via sales if Eth remains viable.

So every company above can afford rebates to sell gear as every company above does offer rebates.

So every company above can afford to buy ETH coins to prop the price up.

Since every surge in ETH coin price make more sales for their gear.

And they may even profit on the ETH coins they purchased.

If Intel buys 10,000 Eth coins  for 14 each =   $140,000 In a one day time period  it could shift price up.

If Intel buys  25,000 Eth coins for  16 each =  $400,000 In a one day time period it should shift price up.

If they then list the coins 1000 a day for 25 days in a row  at market price  they will get either all of that 400,000 back with a small profit or loss.  say the average sale for 25 days = 14 bucks  they lose 2 a coin x 25,000    50 grand spent.
Or if the coins sell at 18 a coin  they gain 2 a coin x 25,000 50 grand profit.
 My point is this is an advertisement expense for them. As the coins moving up make a lot of sales for them.
Every company I listed has a gain if ETH coins whale away.

This is 100% true. This is a completely viable reason for all of those companies above to spend some money on eth coins.


So back to the 1200 build that will mine at 52mh which is about 150 usd a month with 100% mining


now he is a gamer first not a miner   spending 1200 on a new build may be hard to justify if all you do is game.

but you allow it to mine maybe 12 hours a day on average. you drop to 75 a month in eth coin. power spent 25 so 50 a month in rebates. 

Your earnings are a type of rebate.  So you keep the gear a year and earn a 2 hundred to maybe 6 hundred back via mining.

I have exchanged conversations with many people on many sites about exactly this move.

I have sold gear that I used to mine but built as a miner/gamer to more then 25 people.

I did it when gpus' worked for BTC LTC now ETH.

You are correct I am pumping ETH coin  but not for the dump.  It is the hot GPU coin at the moment.
I also now see that ETH coin BTC marriage  would solve BTC's big issues which are too much gear in China and the inability to grow transactions beyond 700,000 a day. which is the current max cap.

Once again fuck the DAO  it is simple has no need to exist.

ETH is a dead coin. They hard forked to recover funds from a badly progrmmed smart contracts, this sets a scary precedent.
What will happen when another smart contract gets exploited? Another hard fork? What is the amount of money that needs to be drained from a smart contract to hard fork? It's a fucking joke. This coin is and was always crap. Only good use is to get more BTC from the pump and dumps.

You feel sorry for me not understanding why Nvidia + AMD is going to buy shitloads of ETH ICO tokens ?

I asked you to provide some reasoning to that and you dodged it.

..i feel sorry for you !

Hater ? ..no just honest 

usually topics with a theme like this has nothing to say that has any value and they are posted by brand new throwaway accounts. and i am only replying since you are a high ranked member.

ethereum can't change anything about bitcoin and its future and its usage. bitcoin will continue goin on as it is today for the good or bad. also all those numbers mean nothing as long as ETH is being controlled by whales who swing the price anyway they desire with millions of dollars invested in it.

and as for market cap i will always emphesise that there is 82 million ETH is available that is why market cap is high if it had the same amount of avilable supply the market cap would have been even lower than Ripple!!

This will be very hard to know. We still don't know who the attacker is and he will be a piece in the puzzle in Ethereum's future. I want to ask if the attack done to Ethereum can be replicated after the hard fork? Is the problem fundamental in the platform like some people say? If it is then they have a real problem. When the attacker makes his move again what will Vitalik do? Hard fork again?

You have a point but more or less the same thinks was said couple of months ago, when ETH touched .01 from .008 just hold a small bag, watch your coins , you dont wanna miss another train dont you ? i dont and i have my short-mid-long term bags ready ! just a big of enslavery watching the price for the short-mid ! my short is nearly empty exiting from the upwards walls , for mid we shall see

I voted no, This pump is going on purely to trick people into thinking that eth is now ok after going against any decentralised cryptocurrencys main rules. To me it now seems like eth is just like any other bank. If the devs decide they dont like someone havnig x amount of coins then no problem, just hard fork so they cant have them.  I will admit that in the beginning eth was looing liek a promising project and i will comtinue to mine it while its profitable but everytime i get a decent amount it get sold straight away. Im not getting burnt in the massive dump that will come eventually.

A hater thanks for showing up and voicing an opinion.

Better yet an accusation, cool.

If you do not see why Intel AMD and Nvidia all stand to gain by ETH coin staying strong for years to come.
I feel sad for you.

DAO is a failed idea and needs to die a 1000 deaths.  we agree here.

I see ETH coin as the perfect solution for BTC's biggest issue 300,000 transactions a day  with a max of under 700,000 under current setup.

Eth coin can be the taxi fleet for btc which is the highway for it.

Eth coin can handle millions of transactions a day.

So your ETH_BTC setup is use eth for small moves of $ and use btc for big moves of $.

I voted yes.

Eth is a strong coin, okay, but  can't put a dent on btc. It has only been around for less than two years while bitcoin has been around for about seven years now. The main reason eth seems to be gaining ground now is that it is way cheaper than btc.

Pump with advertising by the ETH squad.
I would bet you 3 are part of it too..

Question is can you convince the dregs of crypto to jump in ?
I suspect you can't anymore.

So that price will be going back down when the pumper(s) see he has to get his pump money back.

Timing wise i think you guys waited until the halving drama cleared too.

Nothing but more manipulation..
Why would all those big companies mentioned buy ETH ICO token bags from you all ?
What the fuck are they going to do with DAPPS fuel tokens ?
Why can't they do their own chain tech like IBM decided to do (after you said IBM was using ETH)