Topic: ETH really becoming a new BTC - page 4. (Read 5649 times)
Some of you don't have a clue on what you are talking about. Ethereum was crowdfunded with about $18,5 million! What was the situation with Bitcoin (despite the premine, which can be evaluated nowdays, and as far as I know, it is still intact)? You can't compare Ethereum with Bitcoin, because of 1 simple reason (not 10): One is revolution, and the other is a paid project. Period.
used by banks?
I didn't they are used by banks, maybe you guys should at least list the banks that used them so we may have the reason to probably move to ETH or move away instead.
I didn't they are used by banks, maybe you guys should at least list the banks that used them so we may have the reason to probably move to ETH or move away instead.
Chinese miners cant even gpu farm because the latency of solved blocks is far too long with there crappy internet. By the time they solve a block someone else has already submitted an accepted block.
there are not only chinese with cheap electricity, as long as there are those with free electricity or very cheap you can not prevent centralization, no matter the algo, the coin or anything else
Google Iceland Bitcoin Mining
And yeah Stoat is as usual full of shit i can't be bothered with him *this time LOL
All i will say is adding POS to a coin 2 or 3 years after the IPO scam launch does not make it a "legit* POS coin.
I do not think so, although I know ETH is the new coins that can make the price higher, but I'm sure he will not be as good as bitcoin, and bitcoin will never replace, ETH still has many shortcomings compared with bitcoin
1. Community is better
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
1. no, but it has good branding/marketing
2. no, requires more confirmations
3. lol no, final vision violates cap theorem
4. dont care, see fred wilson's speech on unbundling
5. if ethereum lives to be 7 years old it wont be
6. for now...
7. no, vitalik is a genius tho, but he's surrounded by hype machines
8. most dapp development is abandoned, i've been checking
9. no, its being tested by banks, as is Ripple
10. mike hearn uses it.. more will come
https://www.youtube.com/watch?v=FF-tKLISfPE
ethereum=opendoc.
ethereum is a pyramid for pyramid schemes. ironically the logo is a pyramid on a pyramid.
Ethereum is much more than a BTC succesor, its more sophisticated and advance than BTC.
Yet it is not something the average person will ever use. Bitcoin is complex but with some work your average person can use it, ether is only for geeks, governments and bankers.
1. Community is better
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
1. Community is cancer worse than dogecoin
2. Maybe so but there are plenty of fast crypto out there
3. Bullshit.
4. how so?
5. Its run by miners now, and will be run by the foundation during pos, it looks set to become centralised in the long run
6. Yet. Just wait until the chinese start mining. With cheap power chinese will takeover the network
7. No its run by hypemasters which is worse
8. Does not mean it will be sucessful, bitcoin only had 1 dev in the early days look where it is now
9. Exactly why many people will stay away from it, the banks will alter ether to benefit them and fuck everyone else over just like the current system
10. No but its going to be run by greedy bankers and governments which is worse
Ethereum is much more than a BTC succesor, its more sophisticated and advance than BTC.
1. Community is better
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
Not so sure about 5. https://www.reddit.com/r/ethereum/comments/48x5y7/psa_could_dwarfpool_please_take_some/
Yeah ... this. Although fwiw as someone who hated PoS I believe Casper and PoS is the way forward. As mining rewards go down the percentage allocated to supporting the network is inverted over time.
It becomes more feasible to make money by forking and taking a long position in an alternate currency or shorting what you're forking. I've been saying for a year now that the lower and lower inflation is a ticking time bomb.
Wow, you realize you are contradicting yourself here.
First you say you agree with Dwarfpool having too much hash-power and it is bad supposedly because they have too much control over the network, which is only half-true to begin with because there are many different miners who actually make up that hash-rate and could take it elsewhere should nefarious activity be suspected. So somehow this is bad.
But now you are advocating PoS, where only an even smaller portion of people will control the supply, as early reports indicated you would need balance's of at least 1,500 ether ($15,000+ currently) to be able to stake coins. That is somehow better?
So in short, having the ability for home miners to invest $200 in a video card and generate a small amount of coins, even if they point to a large pool is going to sink Ethereum. Whereas people who can invest $15,000 or more before they even begin to stake is somehow perceived as its salvation. Hmm, strange logic here.
Edit: Actually not all that strange, seems exactly like banker logic. Now they just need to up the minimum amount of coins required to stake to somewhere around 20,000 coins and it would be perfect.
oh man... btc is going down very fast and eth is going up very fast !!!
What do you think the rendezvous point will be?
Haha, Come from Beyond is aboard the eth scamtrain
Why Ethereum is currently the biggest scamcoin created so far:
https://bitcointalksearch.org/topic/the-ethereum-paradox-1361602
If you knew anything, you would realize how dumb this question is to begin with.
1. Community is better
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
Not so sure about 5. https://www.reddit.com/r/ethereum/comments/48x5y7/psa_could_dwarfpool_please_take_some/
Yeah, I tried using some of the other pools and I keep going back to Dwarfpool.
Why? Because for one they aren't constantly trying to screw you over like a certain collapsing star themed pool, which is what it feels like while mining there btw.
Also, they are one of the most stable, where the front-end is not always under attack. They developed the first stratum proxy for ETH mining to improve connectivity and the pools admin actively responds to questions or criticisms.
I am all for spreading out the hash-rate, but until we get a few more credible pools where the owner is actually looking out for more than a quick buck, I think most people are going to go with the pool where they are getting the most coins for their hash-rate, which is currently Dwarfpool.
Lets take some time to remind ourselves...
1. Community is better
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
All reasons approved except 10. It's plain stupid thing to claim.
1. Community is better
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
Not so sure about 5. https://www.reddit.com/r/ethereum/comments/48x5y7/psa_could_dwarfpool_please_take_some/
Yeah ... this. Although fwiw as someone who hated PoS I believe Casper and PoS is the way forward. As mining rewards go down the percentage allocated to supporting the network is inverted over time.
It becomes more feasible to make money by forking and taking a long position in an alternate currency or shorting what you're forking. I've been saying for a year now that the lower and lower inflation is a ticking time bomb.
1. Community is better
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
2. Faster
3. Ready to scale
4. More versatile
5. More decentralised
6. Not controlled by chinese miners
7. Not run by idiots
8. More developers
9. Used by banks
10. Not used by pedophiles
Not so sure about 5. https://www.reddit.com/r/ethereum/comments/48x5y7/psa_could_dwarfpool_please_take_some/
Your right, but I am just saying why the Chinese cant take eth over, eth is much much much more difficult to get centralised, and the fact pos is coming which makes it even more difficult.
Chinese miners cant even gpu farm because the latency of solved blocks is far too long with there crappy internet. By the time they solve a block someone else has already submitted an accepted block.
there are not only chinese with cheap electricity, as long as there are those with free electricity or very cheap you cna not prevent centralization, no matter the algo, the coin or anything else
pos make the rich richer, i don't like it, unless here is implemented in a different way
Chinese miners cant even gpu farm because the latency of solved blocks is far too long with there crappy internet. By the time they solve a block someone else has already submitted an accepted block.
there are not only chinese with cheap electricity, as long as there are those with free electricity or very cheap you cna not prevent centralization, no matter the algo, the coin or anything else
They wont be able to mine enough of the remaining coins to centralise after it goes POS. Unlucky. All your theories of ETH failure are falling to pieces
Your right, but I am just saying why the Chinese cant take eth over, eth is much much much more difficult to get centralised, and the fact pos is coming which makes it even more difficult.
Chinese miners cant even gpu farm because the latency of solved blocks is far too long with there crappy internet. By the time they solve a block someone else has already submitted an accepted block.
there are not only chinese with cheap electricity, as long as there are those with free electricity or very cheap you cna not prevent centralization, no matter the algo, the coin or anything else
Chinese miners cant even gpu farm because the latency of solved blocks is far too long with there crappy internet. By the time they solve a block someone else has already submitted an accepted block.
there are not only chinese with cheap electricity, as long as there are those with free electricity or very cheap you can not prevent centralization, no matter the algo, the coin or anything else
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