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Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 57. (Read 198829 times)

legendary
Activity: 2184
Merit: 1024
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so do you use DAO for pure speculation or will you act as a shareholder participating in voting etc?

why should the price rise at the end of the creation phase? those who know about it buy now and the rest will probably not care?!
I'm in it to act as shareholder/voter. It's a long term investment.
full member
Activity: 360
Merit: 100
so do you use DAO for pure speculation or will you act as a shareholder participating in voting etc?

why should the price rise at the end of the creation phase? those who know about it buy now and the rest will probably not care?!
sr. member
Activity: 420
Merit: 250
Today I moved my credit from ETH to DAO.
sr. member
Activity: 266
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
At this point is not a wise decision, ETH still is very overpriced.

it's not overpriced, it's just finding it's new price i think, better to wait for better consolidation for the moment, it may be dumped below 0.02, but if another pump hppen i would buy below 0.03

The price is trading between 0.019 to 0.022. So we can buy at 0.019x and sell at 0.022x. it is less risky.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
At this point is not a wise decision, ETH still is very overpriced.

it's not overpriced, it's just finding it's new price i think, better to wait for better consolidation for the moment, it may be dumped below 0.02, but if another pump hppen i would buy below 0.03
sr. member
Activity: 407
Merit: 250
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At this point is not a wise decision, ETH still is very overpriced.
full member
Activity: 239
Merit: 250
I am moving my BTC to ETH then moving my ETH to DAO. The DAO will surely reach new heights at the end of the crowdsale.
That's a good idea, I am also doing such. DAO has also a very good potential to reach what ETH has currently achieve.

Will that DAO also be tradeable in exchanges? If so, it will be like stocks/shares..Will it be regulated in some way?

Yes it will be tradeable in exchanges after the tokens are created. There's much speculation on how both the price of DAO tokens and ETH will behave. I personally won't be splitting my stash back to ETH until I see the accepted proposal so there are not a lot of risks if you hold ETH for a long time. I understand many started buying recently and can cash out or flip it if the prices are higher once it hits the exchange (they will be higher because I doubt anyone would sell the tokens for less money if they have the opportunity to get back the same ETH they invested).

Can these tokens be traded in the altcoin exchanges like the Etheruem. Are there DAO tokens similar to digital coin that you can transfer like Etheruem?
legendary
Activity: 1568
Merit: 1000
I am moving my BTC to ETH then moving my ETH to DAO. The DAO will surely reach new heights at the end of the crowdsale.
That's a good idea, I am also doing such. DAO has also a very good potential to reach what ETH has currently achieve.

Will that DAO also be tradeable in exchanges? If so, it will be like stocks/shares..Will it be regulated in some way?

Yes it will be tradeable in exchanges after the tokens are created. There's much speculation on how both the price of DAO tokens and ETH will behave. I personally won't be splitting my stash back to ETH until I see the accepted proposal so there are not a lot of risks if you hold ETH for a long time. I understand many started buying recently and can cash out or flip it if the prices are higher once it hits the exchange (they will be higher because I doubt anyone would sell the tokens for less money if they have the opportunity to get back the same ETH they invested).
sr. member
Activity: 252
Merit: 250
I am moving my BTC to ETH then moving my ETH to DAO. The DAO will surely reach new heights at the end of the crowdsale.
That's a good idea, I am also doing such. DAO has also a very good potential to reach what ETH has currently achieve.

Will that DAO also be tradeable in exchanges? If so, it will be like stocks/shares..Will it be regulated in some way?
full member
Activity: 196
Merit: 100
legendary
Activity: 1106
Merit: 1000
I am moving my BTC to ETH then moving my ETH to DAO. The DAO will surely reach new heights at the end of the crowdsale.
That's a good idea, I am also doing such. DAO has also a very good potential to reach what ETH has currently achieve.
hero member
Activity: 774
Merit: 503
I am moving my BTC to ETH then moving my ETH to DAO. The DAO will surely reach new heights at the end of the crowdsale.
full member
Activity: 239
Merit: 250
I understand that thinking Google, Facebook or Amazon will adopt the Ethereum platform is just not very realistic. If it is then just holding one ETH will make you an instant millionaire really, these companies are worth and used by billions.

I'm assuming that's hyperbole, as it would give Ethereum a market cap approximately equal to world GDP Wink

I am happy if the Ethereum market capitalisation is 1% of the world GDP. The bitcoin could be 10 times of that..

1% of world GPU will make Ethereum worth hundreds of thousands of dollars. It is not very realistic.
sr. member
Activity: 1274
Merit: 278
I understand that thinking Google, Facebook or Amazon will adopt the Ethereum platform is just not very realistic. If it is then just holding one ETH will make you an instant millionaire really, these companies are worth and used by billions.

I'm assuming that's hyperbole, as it would give Ethereum a market cap approximately equal to world GDP Wink

I am happy if the Ethereum market capitalisation is 1% of the world GDP. The bitcoin could be 10 times of that..
legendary
Activity: 2842
Merit: 1511
I understand that thinking Google, Facebook or Amazon will adopt the Ethereum platform is just not very realistic. If it is then just holding one ETH will make you an instant millionaire really, these companies are worth and used by billions.

I'm assuming that's hyperbole, as it would give Ethereum a market cap approximately equal to world GDP Wink
legendary
Activity: 2184
Merit: 1024
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I agree everyone really misses the point "oh we will just clone Windows"...

"We'll just clone the iphone"....
the list goes on..

Ethereum is non stop changing and adapting unlike some other tech..

I can see people trying to clone/copy Ethereum and making future alt coins like it as much as they can though.

How about we just clone Google while were at it right?

Just clone!

ETH is open source; you can literally copy it, change the name and make any minor changes you want. 

Expanse is exactly that: an ETH clone.  If you go to the EXP website you will see they used a Wordpress theme (they don't even know how to make their own webpage) yet they copied ETH.

Ok I'm not saying you don't have a point you do. I understand that thinking Google, Facebook or Amazon will adopt the Ethereum platform is just not very realistic. If it is then just holding one ETH will make you an instant millionaire really, these companies are worth and used by billions.

However, you do have to agree that many smaller companies, some banks and other institutions can definitely adopt ETH to some degree, it's not easy/cheap to develop your own ETH from scratch and then keep it bug free forever. There are some that already are working with it, a few are unknown (Arcade City for example) but others are relatively big, like Reuters or the Toronto Exchange. I understand where are you coming from but I think it mostly applies to Bitcoin which will never shake its bad image, no serious company would like to be associated with it.
Exchange. It's not very easy to develop your own

There really aren't any small banks anymore.  The purpose of a company like R3CEV is to develop and maintain the corporate proprietary version.  You might want to see how many banks and corporations are already behind their platform.  They have already done multiple tests with several of their own distinct ETH clone variants.

When they release a developer platform; expect devs to to code for their platform, for the same reason mobile devs usually make iOS apps.

And stop shitting on Bitcoin.
They are developing the integration between multiple blockchains variants. And as he said Bitcoin is only fit for 1 singular purpose. ETH has multiple and more and more developers are beginning to work on it each and every single day.
legendary
Activity: 924
Merit: 1000
The price of ether is consistently rising for the past two days, base on my observation while trading at yobit, it almost go up to 50%, last time I check was the price is 0.015 BTC then now its suddenly .019 close to 0.02BTC, what are the implications on this, is it good to buy now and invest? I have not yet pulled my trigger so I need a serious advice from our experts here.

buy! quick buy now!


it's falling again, better wait for sub 0.02 before buying, more cheap coin for the you, i would buy around 0.017-18 maybe, seems a good spot, because it was the last bottom

Good call, tho' a lot of that drop is due to BTC's rise. ETH's still above nine bucks.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
it's falling again, better wait for sub 0.02 before buying, more cheap coin for the you, i would buy around 0.
Certainly it'll be easier for ETH to go x10 than BTC. Say you have $450 to buy a crypto. You can buy 1 BTC or 45 ETH. If BTC goes to $1000 you make $550. If ETH goes to $500 you make $490x45 = $22,050.

So you consider BTC doubling in price to be equilivent to ETH increasing 50x in price

Nonsense

He is talking about markets. Bitcoin is only worth 7 billion - which is still a lot but if Ethereum becomes a useful platform - it could very easily reach this number and higher since it isn't targeting a market that is run by our world governments.....

Ethereum targets a market it could (and is) easily expand into since it isn't trying to be money.

Corporations will not use ETH; they will clone it.  

Haven't seen a dapp I want to use yet.

ETH as is, cannot scale.

So tired of 2nd hand statements about ETH.  Have you even looked at the code or read the whitepaper?


Although I agree on some certain points you made, I think we are all entering an age where decentralization will be an asset for these companies so they can share and get more data and information. They are starting to push artificial intelligence and IoT and I think the best way to advance in those areas if there's a decentralized model. Ethereum is already miles ahead, they have very smart people on board and many of these coders and developers have the concept of decentralization integrated in their way of thinking. If an year passes by and dapps start to appear, it will be the go to platform for companies and banks to adopt.

Really think about it, if every corporation develops their own, your Samsung fridge won't be able to buy beer from certain stores and you won't be able to turn your house Panasonic AC on from your Apple based car. Security will definitely be more complex and exposed. It's an stupid example but I hope you get it.

They will just make platforms to interface with other platforms; like Amazon video app on iOS or iTunes for Windows.

Corporations will always try to create their own closed market if possible.  If this becomes untenable they will join together with their own joint platform; which will probably be R3CEV.  

If you think they will ever use something they have limited control over like ETH; your deluding yourself.

Ok I'm not saying you don't have a point you do. I understand that thinking Google, Facebook or Amazon will adopt the Ethereum platform is just not very realistic. If it is then just holding one ETH will make you an instant millionaire really, these companies are worth and used by billions.

However, you do have to agree that many smaller companies, some banks and other institutions can definitely adopt ETH to some degree, it's not easy/cheap to develop your own ETH from scratch and then keep it bug free forever. There are some that already are working with it, a few are unknown (Arcade City for example) but others are relatively big, like Reuters or the Toronto Exchange. I understand where are you coming from but I think it mostly applies to Bitcoin which will never shake its bad image, no serious company would like to be associated with it.
Exchange. It's not very easy to develop your own

Almost all software has an open source version so why don't the bankers adapt it and write their own? Oh yes because they leave it to the professional coders. Ethereum is on its way to being a professional blockchain for all. Don't let the naysayers distract your belief.
legendary
Activity: 1260
Merit: 1009
I agree everyone really misses the point "oh we will just clone Windows"...

"We'll just clone the iphone"....
the list goes on..

Ethereum is non stop changing and adapting unlike some other tech..

I can see people trying to clone/copy Ethereum and making future alt coins like it as much as they can though.

How about we just clone Google while were at it right?

Just clone!

ETH is open source; you can literally copy it, change the name and make any minor changes you want. 

Expanse is exactly that: an ETH clone.  If you go to the EXP website you will see they used a Wordpress theme (they don't even know how to make their own webpage) yet they copied ETH.

Ok I'm not saying you don't have a point you do. I understand that thinking Google, Facebook or Amazon will adopt the Ethereum platform is just not very realistic. If it is then just holding one ETH will make you an instant millionaire really, these companies are worth and used by billions.

However, you do have to agree that many smaller companies, some banks and other institutions can definitely adopt ETH to some degree, it's not easy/cheap to develop your own ETH from scratch and then keep it bug free forever. There are some that already are working with it, a few are unknown (Arcade City for example) but others are relatively big, like Reuters or the Toronto Exchange. I understand where are you coming from but I think it mostly applies to Bitcoin which will never shake its bad image, no serious company would like to be associated with it.
Exchange. It's not very easy to develop your own

There really aren't any small banks anymore.  The purpose of a company like R3CEV is to develop and maintain the corporate proprietary version.  You might want to see how many banks and corporations are already behind their platform.  They have already done multiple tests with several of their own distinct ETH clone variants.

When they release a developer platform; expect devs to to code for their platform, for the same reason mobile devs usually make iOS apps.

And stop shitting on Bitcoin.
hero member
Activity: 532
Merit: 500
it's falling again, better wait for sub 0.02 before buying, more cheap coin for the you, i would buy around 0.
Certainly it'll be easier for ETH to go x10 than BTC. Say you have $450 to buy a crypto. You can buy 1 BTC or 45 ETH. If BTC goes to $1000 you make $550. If ETH goes to $500 you make $490x45 = $22,050.

So you consider BTC doubling in price to be equilivent to ETH increasing 50x in price

Nonsense

He is talking about markets. Bitcoin is only worth 7 billion - which is still a lot but if Ethereum becomes a useful platform - it could very easily reach this number and higher since it isn't targeting a market that is run by our world governments.....

Ethereum targets a market it could (and is) easily expand into since it isn't trying to be money.

Corporations will not use ETH; they will clone it.  

Haven't seen a dapp I want to use yet.

ETH as is, cannot scale.

So tired of 2nd hand statements about ETH.  Have you even looked at the code or read the whitepaper?


Although I agree on some certain points you made, I think we are all entering an age where decentralization will be an asset for these companies so they can share and get more data and information. They are starting to push artificial intelligence and IoT and I think the best way to advance in those areas if there's a decentralized model. Ethereum is already miles ahead, they have very smart people on board and many of these coders and developers have the concept of decentralization integrated in their way of thinking. If an year passes by and dapps start to appear, it will be the go to platform for companies and banks to adopt.

Really think about it, if every corporation develops their own, your Samsung fridge won't be able to buy beer from certain stores and you won't be able to turn your house Panasonic AC on from your Apple based car. Security will definitely be more complex and exposed. It's an stupid example but I hope you get it.

They will just make platforms to interface with other platforms; like Amazon video app on iOS or iTunes for Windows.

Corporations will always try to create their own closed market if possible.  If this becomes untenable they will join together with their own joint platform; which will probably be R3CEV.  

If you think they will ever use something they have limited control over like ETH; your deluding yourself.

Ok I'm not saying you don't have a point you do. I understand that thinking Google, Facebook or Amazon will adopt the Ethereum platform is just not very realistic. If it is then just holding one ETH will make you an instant millionaire really, these companies are worth and used by billions.

However, you do have to agree that many smaller companies, some banks and other institutions can definitely adopt ETH to some degree, it's not easy/cheap to develop your own ETH from scratch and then keep it bug free forever. There are some that already are working with it, a few are unknown (Arcade City for example) but others are relatively big, like Reuters or the Toronto Exchange. I understand where are you coming from but I think it mostly applies to Bitcoin which will never shake its bad image, no serious company would like to be associated with it.
Exchange. It's not very easy to develop your own

I agree everyone really misses the point "oh we will just clone Windows"...

"We'll just clone the iphone"....
the list goes on..

Ethereum is non stop changing and adapting unlike some other tech..

I can see people trying to clone/copy Ethereum and making future alt coins like it as much as they can though.

How about we just clone Google while were at it right?

Just clone!
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