i'm sure several Swiss lawyers are acting as nominee for clients with links to the Ethereum Foundation.
the "i'm not holding coin" denial would mean absolutely nothing.
Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 77. (Read 198796 times)
The last math I heard: out of 70 million+ Ethers currently in existence only 11 million are in the wild. That would mean they are all on Polo right now?
I'd question the math. The crowdsale was for about 60 million and 17 million more have been mined since then. The Ethereum Foundation owns BTC from the crowdsale. The last I heard they barely held any ETH.
I stand corrected. But Vitalik did post on Reddit during the run-up that he/they were selling OTC.
over the counter - buy coin in bulk from an exchange outside the bid/ ask system of trading. the value of the buy does not influence the market price.
you would go to Poloniex and ask to buy 100,000 from the whale with 1.2 million ether sitting in his/ her Poloniex account.
However, buying and holding and jumping on this new ship is not easy at all. I now understand the doubts of Bitcoiners in 2013...I'm sure many early adopters just sold at $10 or $20 and never even imagined it could go at high as $1000. I know for a fact that many Ethereum pre-sale buyers sold their stash at 40-50k satoshis or well below 100k...now it's pushing $20.
I think anyone going "all in" on Ether seriously needs their head examined.
A more useful question to answer is at what point to go "all out". There is no analogy with "Bitcoin 2010" at all because Ether serves a completely different purpose than Bitcoin.
See if you can answer this question: Even ETH maintains its marketcap of $1 Billion, what will be the exchange rate of your Ether against bitcoin in a year's time ? (No trading analysis needed - the answer's academic and a calculator will do).
Or even: If ETH increases its marketcap by 10% over the next year (which will be impressive in its own right after a year's worth of profit taking), what will be the exchange rate of your Ether coins against bitcoin then ?
P.S.
Im thinking about going all in on ether, seriously.. And this is way outside of my character.
Anyone here go all in on eth?
Anyone here go all in on eth?
He's not because he understands what I'm alluding to and he's getting ready to go "all out". He just wants you to go "all in" so he can grab your bitcoin.
Im thinking about going all in on ether, seriously.. And this is way outside of my character.
Anyone here go all in on eth?
Anyone here go all in on eth?
Yeah I was pretty much forced to go all in Ethereum because I completely missed the bitcoin train, but I had to start diversifying down the top 10 volume leaders at the end of February when the price started rocketing
The last math I heard: out of 70 million+ Ethers currently in existence only 11 million are in the wild. That would mean they are all on Polo right now?
I'd question the math. The crowdsale was for about 60 million and 17 million more have been mined since then. The Ethereum Foundation owns BTC from the crowdsale. The last I heard they barely held any ETH.
I stand corrected. But Vitalik did post on Reddit during the run-up that he/they were selling OTC.
over the counter - buy coin in bulk from an exchange outside the bid/ ask system of trading. the value of the buy does not influence the market price.
you would go to Poloniex and ask to buy 100,000 from the whale with 1.2 million ether sitting in his/ her Poloniex account.
Im thinking about going all in on ether, seriously.. And this is way outside of my character.
Anyone here go all in on eth?
Anyone here go all in on eth?
go on then.
The last math I heard: out of 70 million+ Ethers currently in existence only 11 million are in the wild. That would mean they are all on Polo right now?
I'd question the math. The crowdsale was for about 60 million and 17 million more have been mined since then. The Ethereum Foundation owns BTC from the crowdsale. The last I heard they barely held any ETH.
I stand corrected. But Vitalik did post on Reddit during the run-up that he/they were selling OTC.
Max supply is 90m. Read the white paper. Stop spreading FUD.
From "the whitepaper" which I guess (?) you mean as this:
https://github.com/ethereum/wiki/wiki/White-Paper#blockchain-and-mining
we find:
"0.26x the total amount sold will be allocated to miners per year forever after that point."
That's quite clearly an unlimited supply. Nothing about 90m in there
However thanks for getting me to check it out. This is hardly a paper. It is a vague meandering generalization of interesting ideas, at times contradictory and never precise. The author doesn't make any attempt to use academic references. Not like it matters much anyway, the details we need should be in the code right? After all, consensus is shaped by the code not by the
So lets go take a look shall we? Source is online right? Oh look, it's not one repository, it is 100 repositories to wade through. Looks like mostly documentation, fragmentation, eneterprisey stuff. Some searching leads me to believe most people use "go-ethereum". Inside "core" there I find in "fees.go" :
var BlockReward *big.Int = big.NewInt(5e+18)
which gets used by the AccumulateRewards function in state_processor.go. For what little it is worth here, in my opinion this looks like a fixed reward.
Thanks guys. I had heard that but found it hard to find information.
Might not suit me (except for a trade).
But with unlimited supply...no wonder the banks like it
Supply is limited. It's FUD spreaders who try to refute this. Read the white paper. Might not suit me (except for a trade).
But with unlimited supply...no wonder the banks like it
An annual X% increase, no matter how small is X, means there is no maximum supply.
Perhaps you could still call it "limited" because the annual increase is limited. More limited than fiat at least lol.
This is also true of e.g. Doge, Peercoin, 42coinhttp://frass.woodcoin.org/the-42coin-saga/, and most all the proof of stake coins.
I stand corrected. But Vitalik did post on Reddit during the run-up that he/they were selling OTC.
Just checked and you're right - seems the Foundation recently had about 1.65 million ETH.
I'm still here haters, ETH right back at 0.0320...I admit I almost had a heart attack but crypto trading is amazing...this really reminds me of 2013 Bitcoin, only that I didn't even know what was BTC back then hehe.
Markets going crazy right now. I knew the bubble would pop at some point.
Buy the rumor, sell the news seems to be the strategy of today for Ethereum.
Buy the rumor, sell the news seems to be the strategy of today for Ethereum.
The last math I heard: out of 70 million+ Ethers currently in existence only 11 million are in the wild. That would mean they are all on Polo right now?
I'd question the math. The crowdsale was for about 60 million and 17 million more have been mined since then. The Ethereum Foundation owns BTC from the crowdsale. The last I heard they barely held any ETH.
I stand corrected. But Vitalik did post on Reddit during the run-up that he/they were selling OTC.
The last math I heard: out of 70 million+ Ethers currently in existence only 11 million are in the wild. That would mean they are all on Polo right now?
I'd question the math. The crowdsale was for about 60 million and 17 million more have been mined since then. The Ethereum Foundation owns BTC from the crowdsale. The last I heard they barely held any ETH.
Thanks guys. I had heard that but found it hard to find information.
Might not suit me (except for a trade).
But with unlimited supply...no wonder the banks like it
Supply is limited. It's FUD spreaders who try to refute this. Read the white paper. Might not suit me (except for a trade).
But with unlimited supply...no wonder the banks like it
An annual X% increase, no matter how small is X, means there is no maximum supply.
Perhaps you could still call it "limited" because the annual increase is limited. More limited than fiat at least lol.
This is also true of e.g. Doge, Peercoin, 42coinhttp://frass.woodcoin.org/the-42coin-saga/, and most all the proof of stake coins.
Thanks guys. I had heard that but found it hard to find information.
Might not suit me (except for a trade).
But with unlimited supply...no wonder the banks like it
Supply is limited. It's FUD spreaders who try to refute this. Read the white paper. Might not suit me (except for a trade).
But with unlimited supply...no wonder the banks like it
Thanks guys. I had heard that but found it hard to find information.
Might not suit me (except for a trade).
But with unlimited supply...no wonder the banks like it
Might not suit me (except for a trade).
But with unlimited supply...no wonder the banks like it
Hi..
Do you know the maximum number of ether that will exist?
The supply is not limited. The maximum number is inifinity.
The last math I heard: out of 70 million+ Ethers currently in existence only 11 million are in the wild. That would mean they are all on Polo right now?
Hi..
Do you know the maximum number of ether that will exist?
Where are the 59 million not "in the wild"?
Thanks
Afaik ETH is going POS eventually with a yearly inflation of a few million. I think.
The Ethereum Foundation holds most of them if I'm not mistaken, although Vitalik has been selling OTC for weeks.
The last math I heard: out of 70 million+ Ethers currently in existence only 11 million are in the wild. That would mean they are all on Polo right now?
Hi..
Do you know the maximum number of ether that will exist?
Where are the 59 million not "in the wild"?
Thanks
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