Topic: Ethereum to go up or down? - page 28. (Read 30777 times)

Two month ago, there was projection of funding shortage for the Ethereum development. With the price rise, it is in better financial situation now.

thats true you make a point with the other platforms like Crypti. it is the network affect that can potentially get ethereum to the mass developers. we all agree that you can't just copy a coin and expect the same results. But in the case of ethereum, devs are creating their own dapp on top of their platform. the users of these dapps would care less about what's under pinning it. users are coming for the dapp and not for ethereum. this is why i believe once a dev makes money on a dapp, the copy cats will follow and just use something cheaper unless the dapp has that much of a network affect that no other competitor can jump in. i guess you can look at it like torrent sites, you have pirate bay at the top and then all the other small niche torrent sites. same goes for the silkroads of the darknet. the users dont care what these sites are made with, be it ruby, php, nodejs, etc. there's going to much room for others to jump on this bandwagon of profitable dapps when the time comes. this is why i believe nxt is a really good contender in the long run. ethereum is great and all, but i fear for the transparent devs on top that could be the target of government agencies. imagine some anonymous dev created a silkroad dapp on top of ethereum. can you imagine who they are going to point the finger at when the time comes... ethereum as a public figure head and nxt doesnt... satoshi was smart to stay anonymous. just imagine if the bitcoin blockchain hosted a silkroad marketplace that sold drugs, you'd think gavin and the rest of those guys would still want to work on core code? its not worth the risk to be transparent when that time comes. and its not if, but when it comes and which platform best suited for it. -- my 2 bits of opinion

No, I meant the entire process from the fundraising to the time they (pretty much) ran out of money with a late release satisfying few of the stated objectives. The fundraising itself went fine, as far as I could tell. They did abort once, reorganize and start over, but not really a disaster in that.

Are you saying ETH was a custerfuck when it comes to funding?  Because that sounds to me like nothing other than sour grapes.

Mostly agree however Bitcoin and Litecoin were also not colossal clusterfucks when it comes to the fund raising, budgeting and leadership of the foundation and development group. (BTCF was, just not critical to development.)

I'm not sure if that situation was so badly mishandled that an opening is still there for another such platform to take the lead, but they certainly tried.

I also don't know how much of a market there really is for this model of decentralized programming languages, but still at the right price Ethereum is worth keeping an eye on.

I see your point, but I don't completely agree with your reasoning. The same could be said about Bitcoin and Litecoin, but no one has been able to replicate their success for an extended period of time. Ethereum has garnered a network effect of its own as far as being the platform to build on when it comes to decentralized programming languages. It has also collected many interested developers and projects.

Cloning its features does not automatically equal success. In fact, there are several coins that have implemented decentralized programming languages and have had little success, such as Crypti or all the coins that implemented automated transactions.

I am not saying it's a good buy right now.. it has been pumped hard for two or three weeks. I did not participate in the IPO and have not bought any coins. I expect the price to come back down to earth eventually before purchasing. I buy and hold for long periods of time and am not interested in gambling to see if I can buy and sell before it comes back down.

I don't think anyone's worried about that.  it's good for everyone right?  Decentralised economy.  Fund it.

ethereum is like a programming language that sits on top of the blockchain, but what stops someone from cloning ethereum and then just copying every single user created smart contract code into their platform and make it cheaper?

aside from ethereum the platform being valuable, it depends on devs creating DAPPS inside the ethereum platform. and since the blockchain has to be transparent in nature, there's nothing stopping from someone else stealing someone elses hardwork in a dapp. once someone creates a dapp that is profitable, there will be many copy cats of it thats for sure. the lure of the smell of profits....

People are stealing ETH tech... so how is buying the coin a smart move right now.... other than stealing their tech, limited speculation and limited commerce.....

still, if digix.io is belong to them it show they can't afford to lose the $12 don't matter how many web sites they have.
they have overlooked the customer security and their money. chance this scam don't have any customer, customer level of adoption don't exist for this get rich quick coin.

Do you mean the bitcoin price. If it doubles the USD price, it is even better. I hope there will be more application for Ethereum.

Nice fud.  You're approach to ssl certs is like some old granny who doesnt understand the internet.

Here is a link to a site that won't make you frightened.  

dgx.io

Lol this was pretty funny. For real .
This is the best proof to show that small little details can fuck up a whole project.

yes, this kind of amateur scam worth millions! these homeless can't even afford a legitimate $12 ssl certificate or these so call coders can't implement an ssl. welcome to the ethoreium scam world, swim with the big whales!

The coin is over 100% from its bottom last month. I feel the price has risen too quickly and it would be better for the coin to consolidate itself below 0.004 before going up again.

Ethereum will go up.  Loads of dapps will be released this year,  digix.io already moved the price 40% up.  This coin has nowhere to go but up.  There is no reason to sell this coin right now.  Wait and see what happens this year.

Right now the only way ETH will go is down I guess.
The price got pumped by over 50% already and what goes up... must go down...

It is still going Up. I'm holding some waiting to double my investment.

Also holding some XMR- I guess Monero will be one of the most important cryptos this year.

Wow, this are really great news. Imagine, there are not a lot of Altcoins around that have support from banks.
Very interesting, together with the joint venture with Microsoft.

For me it's just a matter of time until ether will have a bigger market cap than Litecoin.

Buterin has done overall a good job here. He is a good marketing guy and promoter. Ether has a face, what a lot of other Altcoins are missing.

buy the hype, sell when platform released, if they even have a working one. this is going to be the case for this get rich quick for the homeless coin. this coin have no chance for consumer level adoption and no merchant acceptance. all these hype and volume being manipulating by whales and insider like stoat to maximizing their btc wallet. when it is done, it done and i wouldn't want to get caught holding dirty useless panties. there will be many more etheruim like coming, this get rich quick coin is already too late to the game to make it own name like litecoin or dogecoin. mark my post and check back a year later

this is a get rich quick scam hype from started by a homeless guy who is sneaking in with every bitcoin events. he have made millions before he even know which program to be use with his grand scheme of things