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Topic: Ethereum - page 2. (Read 2294 times)

sr. member
Activity: 323
Merit: 250
August 17, 2015, 07:53:00 AM
#14
ethereum starts becoming popular now
I am afraid that a lot of people don't understand exactly what is ethereum  Undecided. IMO only geeks understand
legendary
Activity: 2002
Merit: 1015
August 17, 2015, 07:07:51 AM
#13
ethereum starts becoming popular now
legendary
Activity: 1256
Merit: 1009
August 17, 2015, 04:54:21 AM
#12
My big problem with Ether is its 40% inflation rate. The fact that it's continuously mined forever with the idea that much of the Ether will end up lost/other and so the constant yearly X+ rate won't affect it as much, I'm not convinced by - as in for keeping Ether as long term as an asset.

Having said that, I don't think it's going to go away anytime soon and might well be able to hold a Litecoin price or more due to it's connection to a system that may potentially get a lot of exposure due to developments on it.

I think it's still too early to say.





The inflation rate is the same amount for forever - not a consistent 40% inflation rate.

Also I believe the inflation is planned to be completely ended for PoS.   That the miners will be supported by fees only using the PoS system they have planned.  Eth may lose all inflation before bitcoin ...

What's the difference between 'the inflation rate is the same forever' (and is 40% as far as I've read) to my 'its 40% inflation rate' due to its constant production and mining?

I've highlighted your word 'believe' as there seems to be a lot of 'believe' and 'think' and 'probably/maybe' surrounding Ether. You can't guarantee a 'maybe'. Not trying to be funny, but I could believe the Magic Moon Monkey will come down and bless me tomorrow, but that doesn't make it so.

That's why Ether makes me feel nervous to buy. Tell me there will only ever be 21 million Bitcoins and I understand, tell me some strange mathematical formulas for Ether being produced forever but at a 40% inflation rate (which is huge compared to USD 5%) and P&D floats through my head.

Perhaps I'm misunderstanding 40% inflation rate? Perhaps I'm misunderstanding a token/coin that's not locked and can have more produced whenever it might be needed.

The protocol isn't fixed in view of Ether generation.



Ok so first of all the Eth inflation rate is 33% - not 40%.  It is 33% of the original Eth issuance - NOT of the current Eth's in existence.   It will take three years for Eth supply to double the first time.  Six years for it to double the second time.  Twelve years for it to double the third time.  24 years for it to double the fourth time (USD inflation).

My comments on the PoS are due to the fact that the details on the PoS are up in the air.  Should be set in stone for Homestead release.
member
Activity: 112
Merit: 10
Crypto-Games.net: DICE and SLOT
August 17, 2015, 04:43:13 AM
#11
My big problem with Ether is its 40% inflation rate. The fact that it's continuously mined forever with the idea that much of the Ether will end up lost/other and so the constant yearly X+ rate won't affect it as much, I'm not convinced by - as in for keeping Ether as long term as an asset.

Having said that, I don't think it's going to go away anytime soon and might well be able to hold a Litecoin price or more due to it's connection to a system that may potentially get a lot of exposure due to developments on it.

I think it's still too early to say.





The inflation rate is the same amount for forever - not a consistent 40% inflation rate.

Also I believe the inflation is planned to be completely ended for PoS.   That the miners will be supported by fees only using the PoS system they have planned.  Eth may lose all inflation before bitcoin ...

What's the difference between 'the inflation rate is the same forever' (and is 40% as far as I've read) to my 'its 40% inflation rate' due to its constant production and mining?

I've highlighted your word 'believe' as there seems to be a lot of 'believe' and 'think' and 'probably/maybe' surrounding Ether. You can't guarantee a 'maybe'. Not trying to be funny, but I could believe the Magic Moon Monkey will come down and bless me tomorrow, but that doesn't make it so.

That's why Ether makes me feel nervous to buy. Tell me there will only ever be 21 million Bitcoins and I understand, tell me some strange mathematical formulas for Ether being produced forever but at a 40% inflation rate (which is huge compared to USD 5%) and P&D floats through my head.

Perhaps I'm misunderstanding 40% inflation rate? Perhaps I'm misunderstanding a token/coin that's not locked and can have more produced whenever it might be needed.

The protocol isn't fixed in view of Ether generation.

legendary
Activity: 1256
Merit: 1009
August 17, 2015, 04:02:28 AM
#10
My big problem with Ether is its 40% inflation rate. The fact that it's continuously mined forever with the idea that much of the Ether will end up lost/other and so the constant yearly X+ rate won't affect it as much, I'm not convinced by - as in for keeping Ether as long term as an asset.

Having said that, I don't think it's going to go away anytime soon and might well be able to hold a Litecoin price or more due to it's connection to a system that may potentially get a lot of exposure due to developments on it.

I think it's still too early to say.





The inflation rate is the same amount for forever - not a consistent 40% inflation rate.

Also I believe the inflation is planned to be completely ended for PoS.   That the miners will be supported by fees only using the PoS system they have planned.  Eth may lose all inflation before bitcoin ...
member
Activity: 112
Merit: 10
Crypto-Games.net: DICE and SLOT
August 17, 2015, 03:56:32 AM
#9
My big problem with Ether is its 40% inflation rate. The fact that it's continuously mined forever with the idea that much of the Ether will end up lost/other and so the constant yearly X+ rate won't affect it as much, I'm not convinced by - as in for keeping Ether as long term as an asset.

Having said that, I don't think it's going to go away anytime soon and might well be able to hold a Litecoin price or more due to it's connection to a system that may potentially get a lot of exposure due to developments on it.

I think it's still too early to say.



legendary
Activity: 1256
Merit: 1009
August 17, 2015, 02:35:18 AM
#8
While I pretty much disagree with the pricing sentiment (I sold most of my ETH due to a personal project or I would've kept them).  There is a pissing contest going on in the reddit about the 5 mil distribution to early founders who have moved on to other projects.  I guess 5 mil was just released to people who may dump on the exchange soon ...
legendary
Activity: 1946
Merit: 1007
August 17, 2015, 02:31:19 AM
#7
So Now the ETH is officially listed at both Poloniex and Cryptsy and the first few days have been a wild ride up what are everyone's thought on the long term outlook of the coin?

I'd say over the coming weeks, we'll see it settle down somewhere in the $20,000,000 marketcap range. Tough to call, but that's my wild guess.

I guess this is quite a safe range to bet on.. Might even drop a bit lower for a couple of days, that might be a good buy in moment.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
August 16, 2015, 11:22:17 PM
#6
So Now the ETH is officially listed at both Poloniex and Cryptsy and the first few days have been a wild ride up what are everyone's thought on the long term outlook of the coin?

I'd say over the coming weeks, we'll see it settle down somewhere in the $20,000,000 marketcap range. Tough to call, but that's my wild guess.
full member
Activity: 291
Merit: 127
August 16, 2015, 11:11:46 PM
#5
well the price has dropped radically. i didnt invest much (10 us cents), but i never really cared much for the coin, i know some users on here have a serious issue with it

I think ETH will be up long term if you can hold for 6 months to a year. I tossed a decent amount in to it.
hero member
Activity: 504
Merit: 500
August 16, 2015, 10:22:30 PM
#4
i heard ETH is just another PnD coin :/
legendary
Activity: 1167
Merit: 1009
August 16, 2015, 10:19:13 PM
#3
what kind of issues?
hero member
Activity: 826
Merit: 501
2local[IEO] - https://2local.io/
August 16, 2015, 03:49:21 AM
#2
well the price has dropped radically. i didnt invest much (10 us cents), but i never really cared much for the coin, i know some users on here have a serious issue with it
legendary
Activity: 1167
Merit: 1009
August 15, 2015, 06:23:44 PM
#1
So Now the ETH is officially listed at both Poloniex and Cryptsy and the first few days have been a wild ride up what are everyone's thought on the long term outlook of the coin?
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