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Topic: ETH GETTING DUMPED HARD!!!! - page 8. (Read 55202 times)

misakama

newbie

Activity: 71

Merit: 0

Quote from: molsewid on September 01, 2016, 08:10:03 AM

Quote from: Nancimy on August 27, 2016, 12:32:08 PM

Miners are chasing the profit. The price of the ETC has dropped, so the miners will mine the ETH instead.

The hashing rate of ETC has dropped to around $500 GH/s now. That is becasue the ETC price has drooped a lot.

The ETC hash rate has risen quite a lot in the last 24 hours. That is due to the rise of the ETC price relative to ETH.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: Nancimy on August 27, 2016, 12:32:08 PM

Quote from: Auponef on August 25, 2016, 01:55:24 PM

Quote from: Ossidalm on August 23, 2016, 09:23:55 AM

Quote from: Lanatsa on August 19, 2016, 05:07:48 AM

Quote from: Yatsida on August 18, 2016, 02:09:55 PM

Quote from: takingthis4 on August 18, 2016, 12:51:13 PM

Quote from: Next BillG on August 05, 2016, 02:44:09 AM

Quote from: Auponef on August 03, 2016, 11:51:09 AM

Quote from: nzminer on August 03, 2016, 05:32:23 AM

Quote from: Superways on August 02, 2016, 05:02:08 PM

Quote from: nzminer on July 28, 2016, 07:05:14 AM

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.

we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

naah i really doubt that, etc is a way better currency in my opinion than eth, it is definitely going to succeed more than just ordinary eth

If the big ETC holders and pumpers do not dump it in the next few months, then it might be a good coin and we might buy it.

That is right. So it is better for us to wait until after a few more months. The market seems to reflect that. The volume is low now.

I also notice that the continuous drop of the ETC against the ETH in the last 20 days.

So the investors are reacting to the factor that the DAO will have access to the ETC soon.

The hashing rate of the ETC has also dropped a lot since then. It seems the miners are losing interest in it.

Miners are chasing the profit. The price of the ETC has dropped, so the miners will mine the ETH instead.

The hashing rate of ETC has dropped to around $500 GH/s now. That is becasue the ETC price has drooped a lot.

Nancimy

newbie

Activity: 27

Merit: 0

Quote from: Auponef on August 25, 2016, 01:55:24 PM

Quote from: Ossidalm on August 23, 2016, 09:23:55 AM

Quote from: Lanatsa on August 19, 2016, 05:07:48 AM

Quote from: Yatsida on August 18, 2016, 02:09:55 PM

Quote from: takingthis4 on August 18, 2016, 12:51:13 PM

Quote from: Next BillG on August 05, 2016, 02:44:09 AM

Quote from: Auponef on August 03, 2016, 11:51:09 AM

Quote from: nzminer on August 03, 2016, 05:32:23 AM

Quote from: Superways on August 02, 2016, 05:02:08 PM

Quote from: nzminer on July 28, 2016, 07:05:14 AM

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.

we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

naah i really doubt that, etc is a way better currency in my opinion than eth, it is definitely going to succeed more than just ordinary eth

If the big ETC holders and pumpers do not dump it in the next few months, then it might be a good coin and we might buy it.

That is right. So it is better for us to wait until after a few more months. The market seems to reflect that. The volume is low now.

I also notice that the continuous drop of the ETC against the ETH in the last 20 days.

So the investors are reacting to the factor that the DAO will have access to the ETC soon.

The hashing rate of the ETC has also dropped a lot since then. It seems the miners are losing interest in it.

Miners are chasing the profit. The price of the ETC has dropped, so the miners will mine the ETH instead.

Auponef

full member

Activity: 236

Merit: 100

Quote from: Ossidalm on August 23, 2016, 09:23:55 AM

Quote from: Lanatsa on August 19, 2016, 05:07:48 AM

Quote from: Yatsida on August 18, 2016, 02:09:55 PM

Quote from: takingthis4 on August 18, 2016, 12:51:13 PM

Quote from: Next BillG on August 05, 2016, 02:44:09 AM

Quote from: Auponef on August 03, 2016, 11:51:09 AM

Quote from: nzminer on August 03, 2016, 05:32:23 AM

Quote from: Superways on August 02, 2016, 05:02:08 PM

Quote from: nzminer on July 28, 2016, 07:05:14 AM

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.

we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

naah i really doubt that, etc is a way better currency in my opinion than eth, it is definitely going to succeed more than just ordinary eth

If the big ETC holders and pumpers do not dump it in the next few months, then it might be a good coin and we might buy it.

That is right. So it is better for us to wait until after a few more months. The market seems to reflect that. The volume is low now.

I also notice that the continuous drop of the ETC against the ETH in the last 20 days.

So the investors are reacting to the factor that the DAO will have access to the ETC soon.

The hashing rate of the ETC has also dropped a lot since then. It seems the miners are losing interest in it.

Ossidalm

newbie

Activity: 60

Merit: 0

Quote from: Lanatsa on August 19, 2016, 05:07:48 AM

Quote from: Yatsida on August 18, 2016, 02:09:55 PM

Quote from: takingthis4 on August 18, 2016, 12:51:13 PM

Quote from: Next BillG on August 05, 2016, 02:44:09 AM

Quote from: Auponef on August 03, 2016, 11:51:09 AM

Quote from: nzminer on August 03, 2016, 05:32:23 AM

Quote from: Superways on August 02, 2016, 05:02:08 PM

Quote from: nzminer on July 28, 2016, 07:05:14 AM

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.

we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

naah i really doubt that, etc is a way better currency in my opinion than eth, it is definitely going to succeed more than just ordinary eth

If the big ETC holders and pumpers do not dump it in the next few months, then it might be a good coin and we might buy it.

That is right. So it is better for us to wait until after a few more months. The market seems to reflect that. The volume is low now.

I also notice that the continuous drop of the ETC against the ETH in the last 20 days.

So the investors are reacting to the factor that the DAO will have access to the ETC soon.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: Yatsida on August 18, 2016, 02:09:55 PM

Quote from: takingthis4 on August 18, 2016, 12:51:13 PM

Quote from: Next BillG on August 05, 2016, 02:44:09 AM

Quote from: Auponef on August 03, 2016, 11:51:09 AM

Quote from: nzminer on August 03, 2016, 05:32:23 AM

Quote from: Superways on August 02, 2016, 05:02:08 PM

Quote from: nzminer on July 28, 2016, 07:05:14 AM

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.

we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

naah i really doubt that, etc is a way better currency in my opinion than eth, it is definitely going to succeed more than just ordinary eth

If the big ETC holders and pumpers do not dump it in the next few months, then it might be a good coin and we might buy it.

That is right. So it is better for us to wait until after a few more months. The market seems to reflect that. The volume is low now.

Yatsida

newbie

Activity: 67

Merit: 0

Quote from: takingthis4 on August 18, 2016, 12:51:13 PM

Quote from: Next BillG on August 05, 2016, 02:44:09 AM

Quote from: Auponef on August 03, 2016, 11:51:09 AM

Quote from: nzminer on August 03, 2016, 05:32:23 AM

Quote from: Superways on August 02, 2016, 05:02:08 PM

Quote from: nzminer on July 28, 2016, 07:05:14 AM

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.

we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

naah i really doubt that, etc is a way better currency in my opinion than eth, it is definitely going to succeed more than just ordinary eth

If the big ETC holders and pumpers do not dump it in the next few months, then it might be a good coin and we might buy it.

takingthis4

sr. member

Activity: 504

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: Next BillG on August 05, 2016, 02:44:09 AM

Quote from: Auponef on August 03, 2016, 11:51:09 AM

Quote from: nzminer on August 03, 2016, 05:32:23 AM

Quote from: Superways on August 02, 2016, 05:02:08 PM

Quote from: nzminer on July 28, 2016, 07:05:14 AM

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.

we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

naah i really doubt that, etc is a way better currency in my opinion than eth, it is definitely going to succeed more than just ordinary eth

misakama

newbie

Activity: 71

Merit: 0

Quote from: molsewid on August 17, 2016, 06:50:08 AM

Quote from: Arnoldent on August 14, 2016, 05:39:47 AM

Quote from: Auponef on August 11, 2016, 03:41:31 AM

Quote from: mandica on August 10, 2016, 12:31:33 PM

Quote from: nzminer on August 10, 2016, 05:22:35 AM

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

The ETC price is about 13.5% of the ETH price now. I found the hash rate is also similar ratio. if the price drops further, it could be 51% attacked.

To attack a coin, there is no need for the 51% hash, you need around 25% to do some kind of attack.

I saw a paper mentioning you only need less than 25% of the network hash rate to do the attack. That was in 2013.

A Chinese guy called Chandler Guo, he has about 100G of the Ethereum hash. So he has the ability to attack the ETC.

He could be the force breaking the ETC. He used to say that he would 51% the ETC when the ETC was first listed.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: Arnoldent on August 14, 2016, 05:39:47 AM

Quote from: Auponef on August 11, 2016, 03:41:31 AM

Quote from: mandica on August 10, 2016, 12:31:33 PM

Quote from: nzminer on August 10, 2016, 05:22:35 AM

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

The ETC price is about 13.5% of the ETH price now. I found the hash rate is also similar ratio. if the price drops further, it could be 51% attacked.

To attack a coin, there is no need for the 51% hash, you need around 25% to do some kind of attack.

I saw a paper mentioning you only need less than 25% of the network hash rate to do the attack. That was in 2013.

A Chinese guy called Chandler Guo, he has about 100G of the Ethereum hash. So he has the ability to attack the ETC.

Arnoldent

newbie

Activity: 64

Merit: 0

Quote from: Auponef on August 11, 2016, 03:41:31 AM

Quote from: mandica on August 10, 2016, 12:31:33 PM

Quote from: nzminer on August 10, 2016, 05:22:35 AM

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

The ETC price is about 13.5% of the ETH price now. I found the hash rate is also similar ratio. if the price drops further, it could be 51% attacked.

To attack a coin, there is no need for the 51% hash, you need around 25% to do some kind of attack.

I saw a paper mentioning you only need less than 25% of the network hash rate to do the attack. That was in 2013.

Auponef

full member

Activity: 236

Merit: 100

Quote from: mandica on August 10, 2016, 12:31:33 PM

Quote from: nzminer on August 10, 2016, 05:22:35 AM

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

The ETC price is about 13.5% of the ETH price now. I found the hash rate is also similar ratio. if the price drops further, it could be 51% attacked.

To attack a coin, there is no need for the 51% hash, you need around 25% to do some kind of attack.

mandica

hero member

Activity: 693

Merit: 508

Quote from: nzminer on August 10, 2016, 05:22:35 AM

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

The ETC price is about 13.5% of the ETH price now. I found the hash rate is also similar ratio. if the price drops further, it could be 51% attacked.

nzminer

legendary

Legendary level

Activity: 1918

Merit: 1001

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

Bokelka

sr. member

Activity: 242

Merit: 250

Quote from: JackJokasker on August 10, 2016, 12:01:12 AM

Quote from: 2015Bubble on March 13, 2016, 09:00:57 PM

RUN TO THE HILLS!!!!
Ran out of greater fools?

hahahah. nice picture hahah.... i like it. ETH can growing up againt?

That could be a good description of the ETC when the DAO hackers dump the 11 million ETC to the market.

JackJokasker

newbie

Activity: 56

Merit: 0

Quote from: 2015Bubble on March 13, 2016, 09:00:57 PM

RUN TO THE HILLS!!!!
Ran out of greater fools?

http://2.bp.blogspot.com/-mouETYfOYo0/VBT9ZKPWsZI/AAAAAAAAiOw/pC1a9xQ76WA/s1600/aaaaaplanae2.gif

hahahah. nice picture hahah.... i like it. ETH can growing up againt?

Auponef

full member

Activity: 236

Merit: 100

Quote from: Bokelka on August 08, 2016, 06:58:21 AM

Quote from: Bamselk on August 07, 2016, 08:28:04 AM

Quote from: mandica on August 06, 2016, 10:13:41 AM

Quote from: iCEBREAKER on August 05, 2016, 08:39:55 PM

Quote from: Next BillG on August 05, 2016, 02:44:09 AM

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

Most companies are saying they will go with ETH because they fear retaliation from the EF and BailoutForkers, just as most pools (regardless of what their users preferred) voted to go along to get along (rather than being placed on The List of subversive troublemakers).

The ETH commitment of the miners only lasted as long as they lacked economic incentive to defect to ETC.

When their software is cloned and run on ETC, the dapp guys will quickly ditch Pope Vitalik and serve the socioeconomic majority.

Granted there is some appeal to the prospect of bailouts for failed contracts, but that provides a useful way to force self-identification of which dapps are toys (meant to run in make-believe world of monopoly money and reversible time), and which are actual production systems (meant to run in the real world where we play for keeps and time is not reversible).

The comments about the miners are right. I mine both ETC and ETH, whichever is more profitable for me.

I do the same. That is why the hash rate of the ETC and ETH depends on the relative price of these two coins.

The main risk is that when you mine one coin, it is more profitable. But when you sell it, the price is lower.

The ETC price has dropped 25% against ETH. It is not profitable to mine at the moment. But if the price rises, it might be profitable again.

Bokelka

sr. member

Activity: 242

Merit: 250

Quote from: Bamselk on August 07, 2016, 08:28:04 AM

Quote from: mandica on August 06, 2016, 10:13:41 AM

Quote from: iCEBREAKER on August 05, 2016, 08:39:55 PM

Quote from: Next BillG on August 05, 2016, 02:44:09 AM

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

Most companies are saying they will go with ETH because they fear retaliation from the EF and BailoutForkers, just as most pools (regardless of what their users preferred) voted to go along to get along (rather than being placed on The List of subversive troublemakers).

The ETH commitment of the miners only lasted as long as they lacked economic incentive to defect to ETC.

When their software is cloned and run on ETC, the dapp guys will quickly ditch Pope Vitalik and serve the socioeconomic majority.

Granted there is some appeal to the prospect of bailouts for failed contracts, but that provides a useful way to force self-identification of which dapps are toys (meant to run in make-believe world of monopoly money and reversible time), and which are actual production systems (meant to run in the real world where we play for keeps and time is not reversible).

The comments about the miners are right. I mine both ETC and ETH, whichever is more profitable for me.

I do the same. That is why the hash rate of the ETC and ETH depends on the relative price of these two coins.

The main risk is that when you mine one coin, it is more profitable. But when you sell it, the price is lower.

QuarkSquirrel

newbie

Activity: 14

Merit: 0

Goodbye ETH!

Bamselk

member

Activity: 69

Merit: 10

Quote from: mandica on August 06, 2016, 10:13:41 AM

Quote from: iCEBREAKER on August 05, 2016, 08:39:55 PM

Quote from: Next BillG on August 05, 2016, 02:44:09 AM

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

Most companies are saying they will go with ETH because they fear retaliation from the EF and BailoutForkers, just as most pools (regardless of what their users preferred) voted to go along to get along (rather than being placed on The List of subversive troublemakers).

The ETH commitment of the miners only lasted as long as they lacked economic incentive to defect to ETC.

When their software is cloned and run on ETC, the dapp guys will quickly ditch Pope Vitalik and serve the socioeconomic majority.

Granted there is some appeal to the prospect of bailouts for failed contracts, but that provides a useful way to force self-identification of which dapps are toys (meant to run in make-believe world of monopoly money and reversible time), and which are actual production systems (meant to run in the real world where we play for keeps and time is not reversible).

The comments about the miners are right. I mine both ETC and ETH, whichever is more profitable for me.

I do the same. That is why the hash rate of the ETC and ETH depends on the relative price of these two coins.

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