ETH price soaring. Are you going to move some BTC into ETH? - page 42.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: dumada on July 09, 2016, 03:00:25 PM

...
It is not developed successfully, that is simiilar to other coins in early stages. I hope it will learn a lesson.

The HF is proof they have not learned from all those before them. Please tell me the definition of crazy.

dumada

full member

Activity: 154

Merit: 100

Quote from: Hueristic on July 09, 2016, 01:42:49 PM

Quote from: Zer0Sum on July 09, 2016, 12:57:25 PM

Quote from: GreenBits on July 08, 2016, 08:51:37 AM

Quote from: Fruchocs on July 08, 2016, 06:42:17 AM

Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.

Nothing is too big to fail. Observe the past American housing market, or banking industry. I'm pretty sure those guys percieved themselves as 'too big to fail', right up to the Congressional hearing. And we are talking about serious market capitalizations.

"To big to fail" does not refer to market cap or $$$ size...
It refers to disastrous secondary effects due to the interconnectedness of institutions... so context is everything.

The $$$ size of major US banks circa 2008 was not the issue...
But their failure would have created a disastrous cascade... and liquidity crunch... and brought the US economy to a halt.

The DAO was "to big to fail" only in the context of Ethereum.
Ethereum itself, in real world terms, is of zero consequence... it's just another obscure tech startup.

QFT

Quote from: Tacalt on July 09, 2016, 02:35:38 AM

Quote from: GreenBits on July 08, 2016, 08:51:37 AM

Quote from: Fruchocs on July 08, 2016, 06:42:17 AM

Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.

Nothing is too big to fail. Observe the past American housing market, or banking industry. I'm pretty sure those guys percieved themselves as 'too big to fail', right up to the Congressional hearing. And we are talking about serious market capitalizations.

As long as the Ethereum is supported by the community including the miners, and it is developed successfully, it will not fail.

Well that there is the point you are missing, it IS NOT being developed successfully now is it.

It is not developed successfully, that is simiilar to other coins in early stages. I hope it will learn a lesson.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: Zer0Sum on July 09, 2016, 12:57:25 PM

Quote from: GreenBits on July 08, 2016, 08:51:37 AM

Quote from: Fruchocs on July 08, 2016, 06:42:17 AM

Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.

Nothing is too big to fail. Observe the past American housing market, or banking industry. I'm pretty sure those guys percieved themselves as 'too big to fail', right up to the Congressional hearing. And we are talking about serious market capitalizations.

"To big to fail" does not refer to market cap or $$$ size...
It refers to disastrous secondary effects due to the interconnectedness of institutions... so context is everything.

The $$$ size of major US banks circa 2008 was not the issue...
But their failure would have created a disastrous cascade... and liquidity crunch... and brought the US economy to a halt.

The DAO was "to big to fail" only in the context of Ethereum.
Ethereum itself, in real world terms, is of zero consequence... it's just another obscure tech startup.

QFT

Quote from: Tacalt on July 09, 2016, 02:35:38 AM

Quote from: GreenBits on July 08, 2016, 08:51:37 AM

Quote from: Fruchocs on July 08, 2016, 06:42:17 AM

Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.

Nothing is too big to fail. Observe the past American housing market, or banking industry. I'm pretty sure those guys percieved themselves as 'too big to fail', right up to the Congressional hearing. And we are talking about serious market capitalizations.

As long as the Ethereum is supported by the community including the miners, and it is developed successfully, it will not fail.

Well that there is the point you are missing, it IS NOT being developed successfully now is it.

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: GreenBits on July 08, 2016, 08:51:37 AM

Quote from: Fruchocs on July 08, 2016, 06:42:17 AM

Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.

Nothing is too big to fail. Observe the past American housing market, or banking industry. I'm pretty sure those guys percieved themselves as 'too big to fail', right up to the Congressional hearing. And we are talking about serious market capitalizations.

"To big to fail" does not refer to market cap or $$$ size...
It refers to disastrous secondary effects due to the interconnectedness of institutions... so context is everything.

The $$$ size of major US banks circa 2008 was not the issue...
But their failure would have created a disastrous cascade... and liquidity crunch... and brought the US economy to a halt.

The DAO was "to big to fail" only in the context of Ethereum.
Ethereum itself, in real world terms, is of zero consequence... it's just another obscure tech startup.

RastoMan

sr. member

Activity: 294

Merit: 250

Quote from: Tacalt on July 09, 2016, 02:35:38 AM

Quote from: GreenBits on July 08, 2016, 08:51:37 AM

Quote from: Fruchocs on July 08, 2016, 06:42:17 AM

Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.

Nothing is too big to fail. Observe the past American housing market, or banking industry. I'm pretty sure those guys percieved themselves as 'too big to fail', right up to the Congressional hearing. And we are talking about serious market capitalizations.

As long as the Ethereum is supported by the community including the miners, and it is developed successfully, it will not fail.

At least for now, it has support of the community and the miners, the price did not drop to $5 as predicted.

Tacalt

sr. member

Activity: 294

Merit: 250

Quote from: GreenBits on July 08, 2016, 08:51:37 AM

Quote from: Fruchocs on July 08, 2016, 06:42:17 AM

Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.

Nothing is too big to fail. Observe the past American housing market, or banking industry. I'm pretty sure those guys percieved themselves as 'too big to fail', right up to the Congressional hearing. And we are talking about serious market capitalizations.

As long as the Ethereum is supported by the community including the miners, and it is developed successfully, it will not fail.

GreenBits

legendary

Activity: 1148

Merit: 1048

Quote from: Fruchocs on July 08, 2016, 06:42:17 AM

Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.

Nothing is too big to fail. Observe the past American housing market, or banking industry. I'm pretty sure those guys percieved themselves as 'too big to fail', right up to the Congressional hearing. And we are talking about serious market capitalizations.

GreenBits

legendary

Activity: 1148

Merit: 1048

Quote from: Hafitdart on July 08, 2016, 04:40:22 AM

Quote from: Minecache on July 07, 2016, 10:41:06 AM

People shill BTC everywhere FFS. Look at r0ach and all the Spoetniktard gang. Anyway how many times has BTC been declared dead. ETH development is just following the same pattern with one critical exception ETH has a fantastic community spirit.

Those Ethereum trolls do not control the mining power to destroy the Ethereum. So it is very fortunate.

Roach and Spoet definitely aren't shilling btc. If anything, they might be hyper critical of some of the alts and offerings, but shill they are not, at least currently. Can't speak to historical posts. The huge difference between this and btc is that this happened very early in the coins life, and that this is a caveat of poor programming, not of theft/mismanagement/fraud, which are people with bitcoin issues, not bitcoin issues. I don't think eth is a bad idea. I think it's a risky investment at the moment that the majority of us shouldn't ass with for lack of investor experience.

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

^^ sounds like a forum gossip hawking something ...

Fruchocs

newbie

Activity: 34

Merit: 0

Ether is Bitcoin 2.0 and like Bitcoin, it will have many ups and downs within the first few years. DAO needs some work but has many benifits that other cryptocurrencies can't provide. Buying into ETH/DAO now..... or when it hits another low and begins to improve, will be like buying into Bitcoin in 2009. In a few years you will be a millionaire. Don't miss the train cos it sure as hell won't wait for you!
But..... only spend what you can afford and don't day train this currency. This is a buyin....sit....wait currency. Just like the shares market, dont bailout just cos it drops....ride it out and reap the rewards.
ALSO
A soft fork or a hard folk wont matter in the long run. Sure it will greatly effect the price in the short term, this is a business. Businesses make mistakes! They all do! But they learn from them and endeavor to make the business stronger buy learning from their errors. Ether is too big to fail because its premise hold endless opportunities and benifits. Understand the business and you will understand the product! Understand the product and you too will invest with knowledge, not forum gossip.

Hafitdart

member

Activity: 342

Merit: 10

Quote from: Minecache on July 07, 2016, 10:41:06 AM

People shill BTC everywhere FFS. Look at r0ach and all the Spoetniktard gang. Anyway how many times has BTC been declared dead. ETH development is just following the same pattern with one critical exception ETH has a fantastic community spirit.

Those Ethereum trolls do not control the mining power to destroy the Ethereum. So it is very fortunate.

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: GreenBits on July 07, 2016, 09:35:34 AM

Quote from: Picturs on July 07, 2016, 05:49:46 AM

Quote from: RastoMan on July 07, 2016, 03:07:30 AM

Quote from: GreenBits on July 06, 2016, 01:48:35 PM

Quote from: asdalani on July 06, 2016, 01:12:38 PM

Quote from: Fruchocs on July 06, 2016, 08:55:22 AM

Quote from: GreenBits on July 06, 2016, 08:52:10 AM

Quote from: Fruchocs on July 06, 2016, 08:48:41 AM

DAO will recover along with ETH. Buy when its at rock bottom, buy up, then sit and wait. $$$$$$$$
Bitcoin was once in bad shape for the first couple of years, Up and Down Side to Side. Ether is smart and so is DAO. They just need more time. However..... ETH and DAO are not day trading currencies. You will become very wealth if you buy into ETH/DAO now and park it for 5 years!

I just don't think the DAO will actually recover. Why would anyone trust something, that was so catastrophically broken that it costs millions of dollars? As you have said, eth over long term, but otherwise, these assets aren't going anywhere too soon.

I agree. If you are after a profit sooner rather than later. DONT buy into eth or dao. But if you can afford a couple of hundred dollars to throw into a eth/dao wallet and forget about it for a while..... DO IT.

The DAO/Ethereum is very risky business. It is for speculation only at the moment. If you have extra money, buy some.

But not yet. Id wait til right before the fork, or right after it. The price is entirely too unstable at the moment, as previously said.

I might enter the market a few weeks after the hard fork. Things might settle down during that period.

The price is low due to the bitcoin shills. But the bitcoin price is also dropping at the moment. They are destroying both.

Observe the current price of ETH. No one is shilling at you, because many of us have been saying the same shit for months at this point. These are observations on reality. Eth price and btc price aren't directly correlated.

Typically, people don't shill bitcoin on a bitcoin board. Remember, eth is the alt here