Topic: ETH price soaring. Are you going to move some BTC into ETH? - page 90. (Read 198829 times)

If and when large companies start using "ethereum" , they will simply fork the code, add their own patents, and skip the nuisance of paying a high premium of buying into a wall of overpriced ETH. If Eth is merely smart contract fuel, than whats the point in paying a premium for this fuel when a wider audience would trust MSFTfuel/IBMfuel over VITALIKfuel?

Who are they? Banks? Banks wont be using Bitcoin, they want to destroy it as its a problem for them.
So they want to create their own private blockchain-based technology. One of things they are considering for this is Ethereum.

Who are they? Banks? Banks wont be using Bitcoin, they want to destroy it as its a problem for them.
So they want to create their own private blockchain-based technology. One of things they are considering for this is Ethereum.

How so?  What are they doing, and why? 

How so?  What are they doing, and why? 

I do t know but this is:

http://www.coindesk.com/r3-consortium-banks-blockchain-solutions/

the price on bitcoin is going to skyrocket once all the people that bought etherium is comming back once the hype goes down. if we are lucky it will happend right before the halvening when the price is being bumped anyway.

Here are a few strong reasons:

https://www.reddit.com/r/ethtrader/comments/45shqc/boneheads_ethereum_news_to_come_updated/

Meanwhile smart contracts have just been demonstrated on the bitcoin block chain
https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

relevant to eth or not?  

Show me one thing that proves that it cannot be him

Consider...

The largest altcoin is significantly pre-mined.

The largest altcoin is permanently-inflationary.

The largest altcoin has a central dictator.

The largest altcoin's creators receive quite a substantial chunk of newly-mined coins every year, no matter what.

The largest altcoin has not even decided whether they will be PoW-based or PoS-based in the long-term.

...and, in fact, there are many, many protocol details that are changed on a relatively regular basis in response to newly-discovered vulnerabilities.

The largest altcoin was never designed to be a monetary token, and is ill-suited to this role. It was designed instead to be a fuel for smart-contracts (and it is almost a truism that no matter how successful the crypto revolution ultimately becomes, financial phenomena will always be more important and ubiquitous than smart-contract phenomena).

Much of the hype around the largest altcoin is based on the fact that entities like R3 are considering forking their blockchain for their own private purposes, but unlike in Bitcoin, these forks do not stand to drive any value to the altcoin's main-chain, because any forked networks will be entirely independent from the main one, i.e. demand for the altcoin will not increase due to R3's usage of a fork.

The largest altcoin's functionality can be replicated on the Bitcoin blockchain in a number of ways.

The largest altcoin's advocate(s) have recently perpetrated a widespread spam campaign to pump their altcoin.

I think it's an entirely valid perspective to consider the largest altcoin a "scam coin" in light of these facts. I am not trying to argue that it is such, but rather that those who dismiss it as a poor investment or a scam are not necessarily naive or uninformed.

That's fair enough, but in the next days it will continue to rise until Homestead is released, then some time after that there will be a huge drop but I think I'll be on the safe side since I got in at 90s or so and after more than a week I think we'll be already seeing 0.03 and more.

The problem with your strategy is that taking into consideration the way this is unfolding, there will be huge drops but I think support may be much more expensive than the current value.

I don't see any strong reason for ETH to be rising so fast the past days. This only shows to me it's an artificial pump and will surely be followed by a deep dip.

Question is: is it worth it to buy it once this dip happens?

Looking at those impressive hiccups, I believe it's a nice option for trading...

... not him.

Satoshi is not Nick Szabo.  Do some research.

Well, a large amount of evidence points to Nick Szabo being Satoshi Nakamoto, this is proven with computer text analysis as well as a large and mounting pile of curcumstantial evidence.

Of course, I read it all.  Even the parts where he writes "I am definitely not Satoshi".  You got a use case you'd like to share?  Sudoko solutions is kinda cute.  There was a ethpyramid that was kinda cute too.