Ether price? - page 13. | Bitcointalksearch.org

parmatiya

full member

Activity: 239

Merit: 250

Quote from: Yussian on June 10, 2016, 07:39:54 AM

Quote from: BillyBobZorton on June 09, 2016, 09:45:09 AM

Quote from: parmatiya on June 09, 2016, 01:00:51 AM

Quote from: BillyBobZorton on June 08, 2016, 12:35:59 PM

I have nothing against ethereum but I honestly don't see how such a big, inflationary supply can sustain an high priced token. I don't know what the fair ETH price is, but those expecting bitcoin tier prices are insane.

If the new supply is kept at 18 million a year, the inflation will be high initially. But in 50 years, the inflation is just 2% a year. In a thousand years, the inflation is 0.1%.

That's way too much time. In 50 years Bitcoin could be so high that it was simply a mistake to ever hold ETH beyond shorting it for more BTC.

If the Ethereum keeps the PoW and also reduce the block reward gradually, the price could be very high.

But the developers and the large bag holders want to make money out of their existing holdings.

Yussian

newbie

Activity: 32

Merit: 0

Quote from: BillyBobZorton on June 09, 2016, 09:45:09 AM

Quote from: parmatiya on June 09, 2016, 01:00:51 AM

Quote from: BillyBobZorton on June 08, 2016, 12:35:59 PM

I have nothing against ethereum but I honestly don't see how such a big, inflationary supply can sustain an high priced token. I don't know what the fair ETH price is, but those expecting bitcoin tier prices are insane.

If the new supply is kept at 18 million a year, the inflation will be high initially. But in 50 years, the inflation is just 2% a year. In a thousand years, the inflation is 0.1%.

That's way too much time. In 50 years Bitcoin could be so high that it was simply a mistake to ever hold ETH beyond shorting it for more BTC.

If the Ethereum keeps the PoW and also reduce the block reward gradually, the price could be very high.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: parmatiya on June 09, 2016, 01:00:51 AM

Quote from: BillyBobZorton on June 08, 2016, 12:35:59 PM

I have nothing against ethereum but I honestly don't see how such a big, inflationary supply can sustain an high priced token. I don't know what the fair ETH price is, but those expecting bitcoin tier prices are insane.

If the new supply is kept at 18 million a year, the inflation will be high initially. But in 50 years, the inflation is just 2% a year. In a thousand years, the inflation is 0.1%.

That's way too much time. In 50 years Bitcoin could be so high that it was simply a mistake to ever hold ETH beyond shorting it for more BTC.

parmatiya

full member

Activity: 239

Merit: 250

Quote from: BillyBobZorton on June 08, 2016, 12:35:59 PM

I have nothing against ethereum but I honestly don't see how such a big, inflationary supply can sustain an high priced token. I don't know what the fair ETH price is, but those expecting bitcoin tier prices are insane.

If the new supply is kept at 18 million a year, the inflation will be high initially. But in 50 years, the inflation is just 2% a year. In a thousand years, the inflation is 0.1%.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

I have nothing against ethereum but I honestly don't see how such a big, inflationary supply can sustain an high priced token. I don't know what the fair ETH price is, but those expecting bitcoin tier prices are insane.

x13

sr. member

Activity: 336

Merit: 250

Things are called shit for a reason, dear.

It is a good article. But you could claim almost the same for Lisk and Waves. Probably even for IOTA. So, being bullish is surely not a bad choice but you should consider other promising projects in this area, too.

Quote from: Soul_eater_123 on May 25, 2016, 06:48:33 PM

Interesting article from the cofounder of Coinbase Fred Ehrsam. Very bullish on ethereum and ether.

https://medium.com/the-coinbase-blog/ethereum-is-the-forefront-of-digital-currency-5300298f6c75?source=latest---------1

Washika

sr. member

Activity: 332

Merit: 250

Quote from: Minecache on June 08, 2016, 03:18:27 AM

Quote from: Xianantung on June 08, 2016, 02:44:57 AM

Quote from: Jimbola3 on June 07, 2016, 01:47:37 PM

Quote from: Washika on May 30, 2016, 07:35:18 AM

Quote from: mandica on May 27, 2016, 02:24:28 AM

Quote from: Its About Sharing on May 26, 2016, 04:55:32 PM

Huge news on Kraken.

Anyone notice this (older but should be spoken about)? https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Ethereum to go to POS early next year, which we heard of, but then to reduce emissions to 0-2 million per year! WOW

Quote

BC: When will the issuance of Ether taper off?

VB: We are planning a proof of stake switch early next year, which will greatly reduce issuance, likely to 0-2m per year.

The Ethereum will go to pure PoS later next year. At first, PoS is just used to verify the PoW blocks.

That is right. So we can have a year also time to mine the Ethereum. Then use the Ethereum to stake.

That could be a good idea. The could be the reason why the hash rate has risen so much in the last 6 months.

The Ethereum price is very high at the moment, it is almost $15? Is there any good news out there?

Well there was a massive successful sale of ETH to the DAO. What did you expect to happen to the price of ETH with so much of its supply locked away out the market???

But the daily supply from mining operation is till high. It seems they are all absorbed by the community.

Minecache

legendary

Activity: 2184

Merit: 1024

Vave.com - Crypto Casino

Quote from: Xianantung on June 08, 2016, 02:44:57 AM

Quote from: Jimbola3 on June 07, 2016, 01:47:37 PM

Quote from: Washika on May 30, 2016, 07:35:18 AM

Quote from: mandica on May 27, 2016, 02:24:28 AM

Quote from: Its About Sharing on May 26, 2016, 04:55:32 PM

Huge news on Kraken.

Anyone notice this (older but should be spoken about)? https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Ethereum to go to POS early next year, which we heard of, but then to reduce emissions to 0-2 million per year! WOW

Quote

BC: When will the issuance of Ether taper off?

VB: We are planning a proof of stake switch early next year, which will greatly reduce issuance, likely to 0-2m per year.

The Ethereum will go to pure PoS later next year. At first, PoS is just used to verify the PoW blocks.

That is right. So we can have a year also time to mine the Ethereum. Then use the Ethereum to stake.

That could be a good idea. The could be the reason why the hash rate has risen so much in the last 6 months.

The Ethereum price is very high at the moment, it is almost $15? Is there any good news out there?

Well there was a massive successful sale of ETH to the DAO. What did you expect to happen to the price of ETH with so much of its supply locked away out the market???

Xianantung

newbie

Activity: 68

Merit: 0

Quote from: Jimbola3 on June 07, 2016, 01:47:37 PM

Quote from: Washika on May 30, 2016, 07:35:18 AM

Quote from: mandica on May 27, 2016, 02:24:28 AM

Quote from: Its About Sharing on May 26, 2016, 04:55:32 PM

Huge news on Kraken.

Anyone notice this (older but should be spoken about)? https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Ethereum to go to POS early next year, which we heard of, but then to reduce emissions to 0-2 million per year! WOW

Quote

BC: When will the issuance of Ether taper off?

VB: We are planning a proof of stake switch early next year, which will greatly reduce issuance, likely to 0-2m per year.

The Ethereum will go to pure PoS later next year. At first, PoS is just used to verify the PoW blocks.

That is right. So we can have a year also time to mine the Ethereum. Then use the Ethereum to stake.

That could be a good idea. The could be the reason why the hash rate has risen so much in the last 6 months.

The Ethereum price is very high at the moment, it is almost $15? Is there any good news out there?

Jimbola3

sr. member

Activity: 382

Merit: 250

Quote from: Washika on May 30, 2016, 07:35:18 AM

Quote from: mandica on May 27, 2016, 02:24:28 AM

Quote from: Its About Sharing on May 26, 2016, 04:55:32 PM

Huge news on Kraken.

Anyone notice this (older but should be spoken about)? https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Ethereum to go to POS early next year, which we heard of, but then to reduce emissions to 0-2 million per year! WOW

Quote

BC: When will the issuance of Ether taper off?

VB: We are planning a proof of stake switch early next year, which will greatly reduce issuance, likely to 0-2m per year.

The Ethereum will go to pure PoS later next year. At first, PoS is just used to verify the PoW blocks.

That is right. So we can have a year also time to mine the Ethereum. Then use the Ethereum to stake.

That could be a good idea. The could be the reason why the hash rate has risen so much in the last 6 months.

Washika

sr. member

Activity: 332

Merit: 250

Quote from: mandica on May 27, 2016, 02:24:28 AM

Quote from: Its About Sharing on May 26, 2016, 04:55:32 PM

Huge news on Kraken.

Anyone notice this (older but should be spoken about)? https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Ethereum to go to POS early next year, which we heard of, but then to reduce emissions to 0-2 million per year! WOW

Quote

BC: When will the issuance of Ether taper off?

VB: We are planning a proof of stake switch early next year, which will greatly reduce issuance, likely to 0-2m per year.

The Ethereum will go to pure PoS later next year. At first, PoS is just used to verify the PoW blocks.

That is right. So we can have a year also time to mine the Ethereum. Then use the Ethereum to stake.

sandiman

hero member

Activity: 560

Merit: 501

Quote from: Its About Sharing on May 26, 2016, 04:55:32 PM

Huge news on Kraken.

Anyone notice this (older but should be spoken about)? https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Ethereum to go to POS early next year, which we heard of, but then to reduce emissions to 0-2 million per year! WOW

Quote

BC: When will the issuance of Ether taper off?

VB: We are planning a proof of stake switch early next year, which will greatly reduce issuance, likely to 0-2m per year.

This is old news from march. may not happen at scheduled time, but will happen.

mandica

hero member

Activity: 693

Merit: 508

Quote from: Its About Sharing on May 26, 2016, 04:55:32 PM

Huge news on Kraken.

Anyone notice this (older but should be spoken about)? https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Ethereum to go to POS early next year, which we heard of, but then to reduce emissions to 0-2 million per year! WOW

Quote

BC: When will the issuance of Ether taper off?

VB: We are planning a proof of stake switch early next year, which will greatly reduce issuance, likely to 0-2m per year.

The Ethereum will go to pure PoS later next year. At first, PoS is just used to verify the PoW blocks.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Huge news on Kraken.

Anyone notice this (older but should be spoken about)? https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Ethereum to go to POS early next year, which we heard of, but then to reduce emissions to 0-2 million per year! WOW

Quote

BC: When will the issuance of Ether taper off?

VB: We are planning a proof of stake switch early next year, which will greatly reduce issuance, likely to 0-2m per year.

Soul_eater_123

legendary

Activity: 952

Merit: 1000

Kraken on Twitter: DAO trading across 7 pairs to launch this Saturday! http://blog.kraken.com/post/144971320167/kraken-to-support-dao-trading

GreenBits

legendary

Activity: 1148

Merit: 1048

Quote from: Soul_eater_123 on May 25, 2016, 06:48:33 PM

Interesting article from the cofounder of Coinbase Fred Ehrsam. Very bullish on ethereum and ether.

https://medium.com/the-coinbase-blog/ethereum-is-the-forefront-of-digital-currency-5300298f6c75?source=latest---------1

Inversely, check out this article about some of the issues with implementation of smart contracts vs reality (the necessity of a trusted Oracle to report events to the blockchain, which brings up centralization issues).

I love the concept of smart contracts, but I must agree, this is a glaring hole in the usability of said feature.

Soul_eater_123

legendary

Activity: 952

Merit: 1000

Interesting article from the cofounder of Coinbase Fred Ehrsam. Very bullish on ethereum and ether.

https://medium.com/the-coinbase-blog/ethereum-is-the-forefront-of-digital-currency-5300298f6c75?source=latest---------1

Docnaster

hero member

Activity: 1638

Merit: 576

Leading Crypto Sports Betting & Casino Platform

Quote from: jjacob on May 25, 2016, 09:37:21 AM

Quote from: Docnaster on May 23, 2016, 08:32:25 AM

It depends where the buying pressure is from. If the people stop buying Ethereum to get into DAO, there will be fewer buying.

Not only that, DAO would sell ether once it starts running.
Remember what happened to BTC price when all the coins collected in the Ethereum IPO were sold?

When the Ethereum IPO started, the bitcoin price was around $600. A year later, it was around $230.

jjacob

legendary

Activity: 1554

Merit: 1026

★Nitrogensports.eu★

Quote from: Docnaster on May 23, 2016, 08:32:25 AM

It depends where the buying pressure is from. If the people stop buying Ethereum to get into DAO, there will be fewer buying.

Not only that, DAO would sell ether once it starts running.
Remember what happened to BTC price when all the coins collected in the Ethereum IPO were sold?

bitcoineverything

sr. member

Activity: 504

Merit: 250

InvestnTrade. Latest from the crypto space.

We always say, I hope I did invest before because the price
today is way higher than before.
If we do not risk we will not get anything and will just keep saying that. When we invest, we always risk and so let us not put all our money into one thing.

We can not tell the future of Ethereum, it still depends on the usage of the coin.

Topic: Ether price? - page 13. (Read 30130 times)