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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 44. (Read 198796 times)

legendary
Activity: 2842
Merit: 1511
I know it's not a new kid per se but what do you think about Factom/FCT? I think it can make some very nice gains in the next upcoming weeks/months after the halvening and with so much ETH fud ahead of us. It's a very simple project with high demand from all industries, very much undervalued if you take into account ETH is still at $12!...

My alt strategy is more about buying panic and selling the relief than about trying to determine which coin will be the next hot ticket, so maybe I'm not the best person to ask. Presently I don't have a 'hook' on FCT, so I'm not going to trade it.
legendary
Activity: 1568
Merit: 1000
I think it is important for the Crypto space to have a healthy Ethereum but I have to say, things are not at all looking good.

Imho crypto space doesn't care. Money will flow into the next new kid as always.

I know it's not a new kid per se but what do you think about Factom/FCT? I think it can make some very nice gains in the next upcoming weeks/months after the halvening and with so much ETH fud ahead of us. It's a very simple project with high demand from all industries, very much undervalued if you take into account ETH is still at $12!...
legendary
Activity: 3290
Merit: 16489
Thick-Skinned Gang Leader and Golden Feather 2021
The mining-halt argument is based on the fact that it takes 2016 blocks (about 2 weeks normally) for difficulty to change. If income were to drop sufficiently, then miners would drop out, which would slow block times, which would lead to lower income, more miners dropping out, lower incomes still, etc, in a vicious cycle that would drop hashrate to zero before the network had chance to retarget.
Still, that would require all miners to stop at the same time. It would be very interesting to see what happens if 90% of the miners stop. That means 2 weeks turn into 20 weeks, and after 20 weeks the difficulty drops 90%. That means all miners join again, and suddenly we have one block a minute for a day, until difficulty goes up again.
Satoshi just thought about everything when it comes to mining.

It's more interesting to see the effect if a part of bitcoin-miners move to an altcoin. That coin will experience a huge increase in mining capacity all of a sudden.

ETHs price going to the ground now Smiley
too many fuckups in code it seems
$12 for 1 Eth is not even near "the ground". In my opinion it's still much higher than a coin with this much problems is worth.
hero member
Activity: 693
Merit: 508


Is code law or buggy software that can arbitrarily be overturned through a social consensus of those with the most stake?

51% social majority (aka all the sockpuppets), not 'consensus'

It does not matter if there is consensus or not, 51% attack is in every part of our lives. The 52% of votes determined the Brexit.
newbie
Activity: 12
Merit: 0
https://pbs.twimg.com/media/ClKYHTEWYAA1FtU.jpg:large

Is code law or buggy software that can arbitrarily be overturned through a social consensus of those with the most stake?

51% social majority (aka all the sockpuppets), not 'consensus'
full member
Activity: 196
Merit: 100
I own Ethereum and Factom. I think that Factom is to data what Ethereum is to smart contracts and the two projects will work together as Factom will be anchoring into Ethereum.

I think what happened with the Dao is a blessing in disguise as now more emphasis will be put on the research of smart contracts first instead of how you can milk them for cash.


Ethereum will survive people.. many coins have gone through hard times Bitcoin included and the ones who cry the loudest about a hardfork are people who are losing grip of reality. Just take a step back and think what the average person would say about the ordeal. 1. Thief steals money from investors 2. Investors can get it back. What do you think they say?


And people can talk about code this and code that but really the tech is experimental and nobody is ready for decentralization yet they will be when there is no other option.. whether that is a good or bad thing I don't know. But there comes a time when hardforking ETH will be impossible but that time is not in the early stages.


By impossible I mean that miners won't run it.
hero member
Activity: 882
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Ethereum Civil War is not going to be pretty, the more petty the politics the nastier they get and these kids will be fighting over some seriously small chump change when it's all over .... don't want to say "I told ya so" but the writing was on the wall as soon as The DAO got the moon pump and Gavin Wood was seen sneaking out the back exit ... looking for a baby-sitter who accepts slocked ether to walk his dog maybe?

The civil is good for the future of the Ethereum. It will get much better and have more community support.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Ethereum Civil War is not going to be pretty, the more petty the politics the nastier they get and these kids will be fighting over some seriously small chump change when it's all over .... don't want to say "I told ya so" but the writing was on the wall as soon as The DAO got the moon pump and Gavin Wood was seen sneaking out the back exit ... looking for a baby-sitter who accepts slocked ether to walk his dog maybe?
sr. member
Activity: 294
Merit: 250
The reason many of these ICO's coins fail is the exact same reason that the grow in the first place. The investors are motivated by greed to turn a profit and have no qualms about taking a profit and moving onto the next coin to repeat the game of hot potato based upon the greater fool theory.

Eth has always been a hot mess and is only becoming more of a joke with each passing day.

The Eth is a mess recently. But it will be developed actively and it has enough funding to do the development. So it could survive.
legendary
Activity: 994
Merit: 1035
The reason many of these ICO's coins fail is the exact same reason that the grow in the first place. The investors are motivated by greed to turn a profit and have no qualms about taking a profit and moving onto the next coin to repeat the game of hot potato based upon the greater fool theory.

Eth has always been a hot mess and is only becoming more of a joke with each passing day.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
I think it is important for the Crypto space to have a healthy Ethereum but I have to say, things are not at all looking good.

Imho crypto space doesn't care. Money will flow into the next new kid as always.

It's sad & pathetic we have to state the obvious endlessly like that.
Ethereum ? puuuuhlease no one gives 2 shits about it.
..they will simply dive on the next hyped up manipulated scammy ass ICO scheme coin.

Spare me the community bullshit i heard it long & hard with Doge
and they ran the very minute i posted on here the price was tanking.
I called it and predicted it far in advance and yelled, i told you so.. again.

Later the dev said he quit because of a lack of community support.
So even the god damn Doge Dev backs up what i said !

How in the hell is Ethereum any different ?
Well for one thing it's not a currency and it's been hacked / attacked.
And when that happens.. GAME OVER.

I love the optimism from bag holders they are cute & precocious little skamps  Cheesy
hey there little guy.. aren't you soooo cute & adorable
..buy moar cheap coinz nom nom nom

Just plan ahead to crowd-fund a surgery for when your ass gets REKT !
legendary
Activity: 2842
Merit: 1511
I think it is important for the Crypto space to have a healthy Ethereum but I have to say, things are not at all looking good.

Imho crypto space doesn't care. Money will flow into the next new kid as always.
sr. member
Activity: 294
Merit: 250
I think it is important for the Crypto space to have a healthy Ethereum but I have to say, things are not at all looking good.
Looking at reddit's /r/ethereum board is basically like looking at a soft vs hardfork forum of ideas. Just a mess.

What is the latest now? I heard they are pushing the fork, if there will be one, back to July 14th?

In 3 weeks, we have already have the soft fork, so the discussion will be mainly about the hard fork and problems.
legendary
Activity: 1442
Merit: 1000
Antifragile
I think it is important for the Crypto space to have a healthy Ethereum but I have to say, things are not at all looking good.
Looking at reddit's /r/ethereum board is basically like looking at a soft vs hardfork forum of ideas. Just a mess.

What is the latest now? I heard they are pushing the fork, if there will be one, back to July 14th?
hero member
Activity: 938
Merit: 576
Maybe moving some % of BTC into ETH is a good diversification strategy, while it's cheap?
For now, I think it is still risky to invest in Ethereum after the sudden decrease in prices that occurred.
We'll see if the prices continue to decrease or increase, but I will not be investing for a while.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
I won't be the one crying.
You think you are smarter than me who ever the hell you are Mr. Kenta?

Know what i noticed ?
Most of the people i used to talk to around here are long gone.

Crying ?
We'll see who is crying when arrests are made or the FED's seize your shit like Cryptsy.

Wow a lippy ONE LINER from a noob account.. that is a first for me here.
Care to double down?
I will give you days to find a 2 sentence long snarky shit coin defense retort.

We all know you can insult someone and that will instantly neuter their analytical comment.
Common sense, reason and basic intelligence is no match for 4chan style bitch babble.

Just curious where did all the Doge tard's go ?
Seemed to me there was NOTHING here at all but an endless stream of Noobs here screaming in Doge speak.
Leaving me snotty little one liners.. hmm where did they all go?
Get it? ..see any trends? ..or have you been here long enough to see them?

Hey ETHiots how 'bout you buy dat Nascar paint job now huh ?

PS:
Booooo hoooooo i aemz da cryings !!! Sad  Cry

ETH needs a good marketing campaign i think.. like Doge's !



CRY you little fucking bitches.. cry me a fucking DAO river pricks
i laugh at you AHHAHAHAHHAHAHAHHA  Cheesy
Blow me Investards ..drown like rats loser ICO douche bags.
full member
Activity: 239
Merit: 250
ETHs price going to the ground now Smiley
too many fuckups in code it seems

The coding is not good, it has many flaws. One example is the recent soft fork software. I hope they will imprrove.

I am glad the flaw was pointed out before the locked Ethereum releast time. We still ave time to correct the error.
sr. member
Activity: 446
Merit: 250
Unpaid signature.
ETHs price going to the ground now Smiley
too many fuckups in code it seems

The coding is not good, it has many flaws. One example is the recent soft fork software. I hope they will imprrove.
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
ETHs price going to the ground now Smiley
too many fuckups in code it seems
legendary
Activity: 2842
Merit: 1511
The mining-halt argument is based on the fact that it takes 2016 blocks (about 2 weeks normally) for difficulty to change. If income were to drop sufficiently, then miners would drop out, which would slow block times, which would lead to lower income, more miners dropping out, lower incomes still, etc, in a vicious cycle that would drop hashrate to zero before the network had chance to retarget.

I don't consider it a threat. Some of the big Chinese miners are running at near-zero running costs, as mentioned, plus miners with higher costs can do what miners in the real world do and hedge their output. Furthermore, by my calculation, there are only 1344 blocks after the halving before difficulty is retargetted.
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