Topic: Etherium. What's next? (Read 3359 times)

I think Ethereum has much greater potential than Bitcoin in terms of sheer utility and market capitalization. With this disproportionate reward comes extraordinary risk.
Ethereum tries to solves a larger set of problems than Bitcoin and hence has greater utility. Ethereum is a platform and ether is the currency based on this platform. Since Ethereum is a platform, new applications and currencies can be built on top of it. New currencies can be built on Bitcoin as well, but ethereum was built with the intent of being an almost like an operating system of sorts.
Before starting to invest in any cryptocurrency read and study about cryptocurrencies. In any case, do not invest more than you are willing to lose.

If you are interested in buying ETH you can visit www.CoinSwitch .co

What's next?

1-6 months: Ethereum enjoys its rightful spotlight, lots of lower lows and lots of higher highs (maybe to both, hurray trading), a few extra releases, bug fixes - and dangerous bugs leading to losses, maybe even a GUI wallet. Lots of world-travelling, grand speeches of decentralizing the world and much slapping on backs. Ethereum continues to be marketed as the 'future of finance'.

6-12 months: A disagreement or two over direction or development, a number of Ethereum employees ramp up their 'contractual' and 'non-official' development and advisory aids to private and public forks, a number under NDA that we never hear about. A group of increasingly vocal 'heads' worry more about Ethereum not being able to compete and meet regulatory and banking requirements (cue Ripple) and the drastic changes that will have to come about in order to appease the real financial system. This is exacerbated by the platform being riddled with pyramid schemes and illegal gambling, tarnishing its image. Ethereum continues to be marketed as the 'future of finance'.

12-18 months: Interest in Ethereum is waning, despite a number of great releases, new GUI wallet. Consistent news of Ethereum forks, distributed ledgers and private blockchains (the ones Vitalik is currently buttering you up for) is worrying investors. Many people are concerned that the volume does not match the 4000-6000+ BTC/day of it's prime-time days. The ask the question, 'is Ethereum the future of finance?'. The team seem to be quieter, questions about money and how it was spent. Are there growing conflicts of interest? Perhaps Ethereum gets lucky and gains further funding from 'investors' (hopefully not for an 'undisclosed amount of *new* ETH to be released to new 'shareholders'). Ethereum continues to be marketed as the 'future of finance'.

18-24 months: Fiat burnt through like a hot knife through Butter, future funding is looking bleak. Despite a great platform there are 100+ ETH forks with newer and shinier 'features', offering greater pumps and greater profit potential, and the cryptocurrency world is hearing too much news about new shiny competitors released by private and financial institutions. Not a single ETH sits in the hands of the original institutional investors or company itself. One by one the employees have given a polite and gracious exit speech to continue their passion for development elsewhere - 'my time here was wonderful, Ethereum has a great future and we learnt a lot. We have driven success and innovation. YOU made Ethereum what it is but it is time for me to move on, etc. etc.'. They are hired by private and public competitors to work on new platforms (of which they have privately advised on for the past 12 months). These competitors, 'Open', 'Lightning', 'Medici', etc. etc. are marketed as the 'future of finance', and the cycle repeats itself.

24+ months: ?

Too cynical? Happy to eat my words if this does not come about. Wouldn't take much to halve that time-frame either.

Well, if you're so confident that "something" would be some BTC.  But it sounds to me like you're a pussy and have no faith to back up your shit talk.

I'm not interested in entangling myself any further with you by taking part in some facile betting game.  It would be nothing but a waste of my time.

You're one of those trolls that most people ignore because they spout off stupid shit and have absolutely nothing to back it up.

You're a pussy, plain and simple.  If you weren't you'd take the bet since you're so sure of yourself.   

My money is in ethereum already you spastic. My money couldn't be anymore where my mouth is without literally eating my money. 

To anyone that may be holding for lower than ICO price, you are going to be waiting till the sun explodes. Good luck in life.

Would you like to place a wager on that?  Put your money where your mouth is.

1. 99% of people invested in the crowdsale were already bitcoiners
2. If you want to dump, kraken provides a sweeper tool it's easy to use.
3. 90% of the people invested in the crowdsale did it because they really believe in the project and will not sell at ANY price!

Good luck wishing the price down!  It will be number 2 market cap by the end of the week.

Someone who actually gets it...

You guys talking about pumping and the "moon" have a lot to learn.  People have been holding this shitcoin for a year just waiting to get out.  As soon as Joe Trader can actually figure out how to move his coins the real dumping will begin.

Think about it, right now the smart people who can figure out this ether bullshit are the ones dumping.  What's going to happen when all the morons like yourselves finally figure it out?

Thanks you guys, you made me feel better.
I will wait some time to buy at the cheap IPO initial price.

Hasn't even begun M8
Now People who sold at the bottom will be piling back in.

Don't panic! There's plenty of ethereum for everyone...or is there?

Seller market has been absorbed now and price will be on its way back up while new buyer markets are opened. Still only being traded on 3 exchanges and USD/EUR action has only just started hitting since weekend banking delays. Waiting on a China exchange too, yupni was meant to launch but seems to be held up. Surprising more aren't on board yet, seeing as how exchanges taking advantage are doing very well with huge inflated volume and users compared to normal. Don't expect them to take too long about it.

pump is going strong right now.

We'll see, we're still a few months from a gui and the first dapps. Then there is homestead release, then metropolis release and then serenity release, at each of these stages there will be bumps in the price as the network grows and becomes more active. By then $11 could look like pocket change.  It's the only thing on the market that has a chance of overtaking Bitcoin in market cap.  Ripple is dead and so is LTC. Do you really want to take that bet against ethereum? Be my guest lol

I believe it's more like that many guys haven't found out how to dump their ico shares 'til now. I expect the dump to continue for a few more weeks. And a price of $11-$20 is a wet dream only the dumbest of the dumb can have.

There is no point in dumping at these low prices especially when the upside could be $11 - $20 by the time the alpha release happens. 

Anyone who was going to dump already has, on kraken this past week.  It's not hard to access your coins there is a Easy wallet sweeper tool directly on kraken.

In the next 3 months, a gui wallet will be released along with the first properly finished DAPPS, chinese exchange will open and then we'll see what will happen to ETH

Price is not low now... It is still 5x the IPO price in bitcoins (2.5x in USD) while there has been 12+ million (dev fund and mining) extra released.. Just wait till the people that have currently no access to their coins come to grab their 5x profit..

The real opportunity is not in the price, but in the application of smart contracts to business applications.

These Ponzi schemes (such as: https://github.com/howardpmarks/solidity) doing the rounds on Reddit are not helping its image one bit.

Finally! A well reasoned and articulate argument, well done.