ETH price soaring. Are you going to move some BTC into ETH? - page 101.

LoyceV

legendary

Activity: 3290

Merit: 16489

Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: StinkyLover on February 20, 2016, 10:23:50 PM

A smart contract is an app that sits on the blockchain and waits to be called. It will only run if it's requirements are met. That's about it. You can write code so that the app is intelligent. I can see why it's called a smart contract but the terminology can be confusing. They're just apps (or dapps - decentralized apps).

If this is too simplistic then correct me!

I watched a presentation about it on Youtube: https://www.youtube.com/watch?v=U_LK0t_qaPo

The guy presenting more or less says "we don't really know what it is", but the possibilities are amazing.
Half way through the presentation I got a Skynet-feeling: "a world wide computer that cannot be turned off or reset". But of course it's not that evil, it just runs very small pieces of code. Regardless the price, I'm going to experiment with the scripting language.

sadasa

sr. member

Activity: 446

Merit: 250

Unpaid signature.

Quote from: stoat on February 20, 2016, 10:31:47 PM

Quote from: rdnkjdi on February 20, 2016, 10:25:16 PM

Quote from: stoat on February 20, 2016, 08:12:40 PM

Foundation must have enough money for 5 years. I just want them to get this POS thing sorted and release homestead which will kill a lot of the FUD

Is PoS coming with homestead??

No. Homestead is march. Pos is coming much much later probably 6 months or more.

I hope the PoS will start later next year so that my graphics card will have more use. There are not many profitable coins.

densuj

legendary

Activity: 910

Merit: 1000

interesting coin, i have bought some BTC to ETH but its just for collection i hope Price of ETH can going up. Grin

stoat

sr. member

Activity: 686

Merit: 270

FREEDOM RESERVE

Quote from: rdnkjdi on February 20, 2016, 10:25:16 PM

Quote from: stoat on February 20, 2016, 08:12:40 PM

Foundation must have enough money for 5 years. I just want them to get this POS thing sorted and release homestead which will kill a lot of the FUD

Is PoS coming with homestead??

No. Homestead is march. Pos is coming much much later probably 6 months or more.

rdnkjdi

legendary

Activity: 1256

Merit: 1009

Quote from: stoat on February 20, 2016, 08:12:40 PM

Foundation must have enough money for 5 years. I just want them to get this POS thing sorted and release homestead which will kill a lot of the FUD

Is PoS coming with homestead??

StinkyLover

sr. member

Activity: 454

Merit: 250

This industry is pure fiction

Quote from: The Sceptical Chymist on February 20, 2016, 06:03:01 PM

Hey, ETH is now being traded on Yobit! I bought and sold some ETH on poloniex about a week ago and just broke even but I'm thinking about converting some of my sig campaign earnings into ETH. Don't know, sentiment seems to be marginally bullish and I don't want to blow my bitcoin on another shitcoin.

I have to say, I don't even know what a smart contract is.

Edit: Just looked it up and still don't know what a smart contract is. Can someone dumb it down for me?

A smart contract is an app that sits on the blockchain and waits to be called. It will only run if it's requirements are met. That's about it. You can write code so that the app is intelligent. I can see why it's called a smart contract but the terminology can be confusing. They're just apps (or dapps - decentralized apps).

If this is too simplistic then correct me!

stoat

sr. member

Activity: 686

Merit: 270

FREEDOM RESERVE

Foundation must have enough money for 5 years. I just want them to get this POS thing sorted and release homestead which will kill a lot of the FUD

sadasa

sr. member

Activity: 446

Merit: 250

Unpaid signature.

Quote from: Redrose on February 20, 2016, 06:01:52 PM

Quote from: coinyard on February 20, 2016, 04:45:30 PM

Quote from: Piston Honda on February 20, 2016, 04:42:42 PM

pnd, don't get burned.
if you haven't sold any buy now you're just being greedy as hell.
i sold a bunch, loaded up on bitswift and a couple other coins. Grin

I think Ethereum price has not reached its potential. It will be much higher in the future. However, it might drop in the short term.

We might see troubled time ahead, but I'm convinced that before 1 year from now, we'll be at at least 0,03BTC Wink

! Everything is favorable for Ethereum : Homestead which is coming, the end of the PoW...

That is my hope as well. But it is quite difficult to achieve. I just wish the Foundation has enough money to develop.

The Sceptical Chymist

legendary

Activity: 3458

Merit: 6948

Top Crypto Casino

Hey, ETH is now being traded on Yobit! I bought and sold some ETH on poloniex about a week ago and just broke even but I'm thinking about converting some of my sig campaign earnings into ETH. Don't know, sentiment seems to be marginally bullish and I don't want to blow my bitcoin on another shitcoin.

I have to say, I don't even know what a smart contract is.

Edit: Just looked it up and still don't know what a smart contract is. Can someone dumb it down for me?

Redrose

hero member

Activity: 756

Merit: 502

Quote from: coinyard on February 20, 2016, 04:45:30 PM

Quote from: Piston Honda on February 20, 2016, 04:42:42 PM

pnd, don't get burned.
if you haven't sold any buy now you're just being greedy as hell.
i sold a bunch, loaded up on bitswift and a couple other coins. Grin

I think Ethereum price has not reached its potential. It will be much higher in the future. However, it might drop in the short term.

We might see troubled time ahead, but I'm convinced that before 1 year from now, we'll be at at least 0,03BTC Wink

! Everything is favorable for Ethereum : Homestead which is coming, the end of the PoW...

coinyard

sr. member

Activity: 266

Merit: 250

★YoBit.Net★ 350+ Coins Exchange & Dice

Quote from: Piston Honda on February 20, 2016, 04:42:42 PM

pnd, don't get burned.
if you haven't sold any buy now you're just being greedy as hell.
i sold a bunch, loaded up on bitswift and a couple other coins. Grin

I think Ethereum price has not reached its potential. It will be much higher in the future. However, it might drop in the short term.

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

pnd, don't get burned.
if you haven't sold any buy now you're just being greedy as hell.
i sold a bunch, loaded up on bitswift and a couple other coins. Grin

RyNinDaCleM

legendary

Activity: 2408

Merit: 1009

Legen -wait for it- dary

Quote from: mtnsaa on February 20, 2016, 03:59:32 PM

Ethereum handling the pressure as a complete boss. Poloniex has over 7k BTC buy support and people still talking about being a "bubble". There's genuine interest in Ethereum and I'm sure it will explode even more during the year as news about new deals and app developments are released just as it happened with slock.it and Samsung. Get some under 0.01 now!

You can't just assume that this "support" is genuine. It is simple for someone who has sold all they want in the correction from .02 to take that profit and fill the bid side with orders, with no intention of letting them get hit. This is a manipulation tactic that costs nothing and gives a false sense of safety to those looking for their next entry. The masses pile in above these bids front running this "support", but in actuality, they are setting themselves up. Either bids are pulled and the front runners sold into, or they are just pushing the price up through the use of panic sheep to get to their next sell point.

Understand that I'm not saying this is what is happening, only that you can't just assume every order on the book is there to actually buy/sell. If the rules were changed to not allow the cancelling of orders within say 10% of spot, you would only see legitimate orders and the books may take on a vastly different appearance.

mtnsaa

legendary

Activity: 1568

Merit: 1000

Ethereum handling the pressure as a complete boss. Poloniex has over 7k BTC buy support and people still talking about being a "bubble". There's genuine interest in Ethereum and I'm sure it will explode even more during the year as news about new deals and app developments are released just as it happened with slock.it and Samsung. Get some under 0.01 now!

Koamder

full member

Activity: 238

Merit: 100

Quote from: hdbuck on February 20, 2016, 12:05:24 PM

I'd then encourage you to put the money where your mouth is.. Wink

That is a very general suggestion. Where do you think the mouth is? Will that be Ethereum or the bitcoin?

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: Redrose on February 20, 2016, 04:38:50 AM

Quote from: hdbuck on February 19, 2016, 03:42:46 PM

Quote from: yefi on February 19, 2016, 12:59:32 PM

Quote from: hdbuck on February 19, 2016, 08:59:05 AM

Place your bet gentlemen..

https://bitbet.us/bet/1248/ethereum-to-t/#b8

The market is always right. ^^

Bet closing: in 10 months 1 week (29-12-2016)

Cheesy

That would be because of the purpose of the bet: "Ethereum to top $1 billion market cap before 2017"

I've bet no. Grin

In that case I think you'll lose money Wink

! Ethereum supply will ba at around 77 000 000 (or maybe this is the current Huh

) and 1 ETH will be worth at least 0,03BTC. The price of Bitcoin will be at around 600$. 600x0,03=20$. 20x77000000=1,547 billion ! Also, note that I took quite low values. Even if the price would be lower, it would still be achieved Wink

!

I'd then encourage you to put the money where your mouth is.. Wink

Tacalt

sr. member

Activity: 294

Merit: 250

Quote from: olarsson on February 20, 2016, 05:17:26 AM

Are there any services or products to spend your etherum on?

Ethereum is a trading platform. You can make smart contract there or issue new currency. It is not just a currency.

olarsson

full member

Activity: 208

Merit: 100

Are there any services or products to spend your etherum on?

sanadas

sr. member

Activity: 252

Merit: 250

Quote from: Redrose on February 20, 2016, 04:38:50 AM

In that case I think you'll lose money Wink

! Ethereum supply will ba at around 77 000 000 (or maybe this is the current Huh

) and 1 ETH will be worth at least 0,03BTC. The price of Bitcoin will be at around 600$. 600x0,03=20$. 20x77000000=1,547 billion ! Also, note that I took quite low values. Even if the price would be lower, it would still be achieved Wink

!

I am very happy if the Etherum price is 0.02 for the short term. In the long term, it could be 0.05 or a bit higher.

Redrose

hero member

Activity: 756

Merit: 502

Quote from: hdbuck on February 19, 2016, 03:42:46 PM

Quote from: yefi on February 19, 2016, 12:59:32 PM

Quote from: hdbuck on February 19, 2016, 08:59:05 AM

Place your bet gentlemen..

https://bitbet.us/bet/1248/ethereum-to-t/#b8

The market is always right. ^^

Bet closing: in 10 months 1 week (29-12-2016)

Cheesy

That would be because of the purpose of the bet: "Ethereum to top $1 billion market cap before 2017"

I've bet no. Grin

In that case I think you'll lose money Wink

! Ethereum supply will ba at around 77 000 000 (or maybe this is the current Huh

) and 1 ETH will be worth at least 0,03BTC. The price of Bitcoin will be at around 600$. 600x0,03=20$. 20x77000000=1,547 billion ! Also, note that I took quite low values. Even if the price would be lower, it would still be achieved Wink

!

Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 101. (Read 198796 times)