Topic: How will Ethereum's launch affect BTC's price? (Read 5247 times)
ETH rising. Anything under $1 consider yourself lucky
ethereum popping (~50% off lows). bitcoin-not affected.
market cap ~60 mil vs 4 bil for bitcoin.
market cap ~60 mil vs 4 bil for bitcoin.
So between Polo and Kraken since trading has begun there has been around 2.5+ mil ETH moved onto exchanges and 1.2+ mil traded, all in BTC. The last 24 hours have seen 1.2k ETH/USD traded by comparison on Kraken. So the drop in BTC price was likely largely in part due to ethereum sellers cashing out.
This also means, that there has been almost no new money invested in ETH yet, just the existing crypto currency holders. Will be interesting to see what money comes onto exchanges next week and how China reacts to exchanges launching.
In my mind, Ethereum is not a currency intended to be used in shops or even as a safe store of value, only as the gas to run de-centralised applications, and therefore not a threat to BTC. Only in the sense that it may provide developers opportunities to create a better version of BTC, but that's the threat it's always faced and is capable of adapting to. It is not a direct competition though. So I don't think there should be any hostility... Both are actually complimentary.
This also means, that there has been almost no new money invested in ETH yet, just the existing crypto currency holders. Will be interesting to see what money comes onto exchanges next week and how China reacts to exchanges launching.
In my mind, Ethereum is not a currency intended to be used in shops or even as a safe store of value, only as the gas to run de-centralised applications, and therefore not a threat to BTC. Only in the sense that it may provide developers opportunities to create a better version of BTC, but that's the threat it's always faced and is capable of adapting to. It is not a direct competition though. So I don't think there should be any hostility... Both are actually complimentary.
hmmm bitcoin value is going down, but it doesn't seem to be because of ethereum, as it is going down even faster.
It was so obvious that ETH would crash. Im so glad I didn't buy into the hype. The only way to profit from it would have been by buying at the ICO and dumping as soon as it hits the exchanges.
hard to believe that one exchange in one state can affect bitcoin's price by that much.
It is not just Bitfinex. Apparently they all have the same deadline on NY bitlicense. (either shut off NY customers or comply with that fascistic license)Here is another one:
https://poloniex.com/
Quote
In accordance with the New York State Department of Financial Services, Poloniex will no longer be allowed to provide services to residents of the State of New York starting on August 8th, 2015.
hard to believe that one exchange in one state can affect bitcoin's price by that much.
hmmm bitcoin value is going down, but it doesn't seem to be because of ethereum
Might be because of this:https://www.bitfinex.com/pages/announcements/?id=51
Quote
Due to financial regulation changes in the State of New York, certain Bitfinex services are no longer available for New York Residents.
hmmm bitcoin value is going down, but it doesn't seem to be because of ethereum, as it is going down even faster.
https://bitcointalksearch.org/topic/ethereum-ico-premine-an-additional-premine-of-12m-eth-or-17-of-current-supply-1147063
Devs created themselves another 12 million coins...
If I had ETH I would be selling them ASAP!
Potential buying target for me is below IPO price for sure now.
Devs created themselves another 12 million coins...
If I had ETH I would be selling them ASAP!
Potential buying target for me is below IPO price for sure now.
Anyone buying at still way inflated/overhyped prices should deserve what they will be getting, a big fat dump.
I'll buy some near IPO prices or maybe even lower when the real panic selling starts, this isn't even the beginning yet, only a very very small part of ETH is sent to exchanges to take profits.
Watch what happens once a couple hundred thousand or a million coins want to take profit before it's too late.
I'll buy some near IPO prices or maybe even lower when the real panic selling starts, this isn't even the beginning yet, only a very very small part of ETH is sent to exchanges to take profits.
Watch what happens once a couple hundred thousand or a million coins want to take profit before it's too late.
I have to agree with you, there are ton of less techie users that don't know how to import their .json files and get a hold of their ETHs. Imagine what will happen to the price when all this people manage to sell.
Price is still 3 and a half times higher than IPO prices so I expect this selling will continue. Add to this huge inflation of about 24% in its first year, we can all see where this is headed.
We will see if this continues, but so far it does not look good for btc, unfortunately.
You could apply the same criteria to a ton of alts. I'm sure this is a different case compared to the average shitcoin but it's slightly early days to be adding to the obituary list.
Anyone buying at still way inflated/overhyped prices should deserve what they will be getting, a big fat dump.
I'll buy some near IPO prices or maybe even lower when the real panic selling starts, this isn't even the beginning yet, only a very very small part of ETH is sent to exchanges to take profits.
Watch what happens once a couple hundred thousand or a million coins want to take profit before it's too late.
I'll buy some near IPO prices or maybe even lower when the real panic selling starts, this isn't even the beginning yet, only a very very small part of ETH is sent to exchanges to take profits.
Watch what happens once a couple hundred thousand or a million coins want to take profit before it's too late.
it's entirely possible in the future, but at the time of my post the numbers were as described: 55% loss in BTC $$value and 300% increase in eth $$value OR 800% increase in eth bitcoin value. In the last 12 mo BTC was a bad investment, and ETH was a good investment.
I have by far most of my crypto in BTC, so it kind of stings a little.
bitcoin- great miner community, lots of development, but piss poor organizational management starting with a bizarre bitcoin foundation all the way to squabbling core dev who cannot agree on anything it seems.
"How will Ethereum's launch affect BTC's price?"
Did you see Aurorcacoin's history?
Let me help you:
Actual ETH price
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Price where I will probably buy
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Stable(?) final price.
Did you see Aurorcacoin's history?
Let me help you:
Actual ETH price
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Price where I will probably buy
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Stable(?) final price.
Anyone buying at still way inflated/overhyped prices should deserve what they will be getting, a big fat dump.
I'll buy some near IPO prices or maybe even lower when the real panic selling starts, this isn't even the beginning yet, only a very very small part of ETH is sent to exchanges to take profits.
Watch what happens once a couple hundred thousand or a million coins want to take profit before it's too late.
I'll buy some near IPO prices or maybe even lower when the real panic selling starts, this isn't even the beginning yet, only a very very small part of ETH is sent to exchanges to take profits.
Watch what happens once a couple hundred thousand or a million coins want to take profit before it's too late.
The facts as they stand right now:
what bitcoin did since Aug 2014: declined from $600 to $270 (55%). The worst 12 mo investment (~ oil).
what ethereum did since Aug 2014: presale was for 2000 eth/btc or 0.0005btc/eth ($0.3/eth)
Right now eth price is 0.00448btc or $1.20/eth
So, eth showed 300% appreciation in $$ and ~800% appreciation in btc.
In other words, you can get eight times more btc for whatever btc you put up for ethereum 12 mo ago. Not bad.
We will see if this continues, but so far it does not look good for btc, unfortunately.
what bitcoin did since Aug 2014: declined from $600 to $270 (55%). The worst 12 mo investment (~ oil).
what ethereum did since Aug 2014: presale was for 2000 eth/btc or 0.0005btc/eth ($0.3/eth)
Right now eth price is 0.00448btc or $1.20/eth
So, eth showed 300% appreciation in $$ and ~800% appreciation in btc.
In other words, you can get eight times more btc for whatever btc you put up for ethereum 12 mo ago. Not bad.
We will see if this continues, but so far it does not look good for btc, unfortunately.
Post-thawing ETH dump may be over, the ETH/BTC price seems to be starting to plateau (bounce?) today:
(screenshot from http://coinmarketcap.com/ )
(screenshot from http://coinmarketcap.com/ )
Well, some noticeable ETH for BTC buying have started today: https://bitcointalksearch.org/topic/m.12086740
The devs have delayed Ethereum trading by another day.
Ethereum should have been trading a few hours ago because that's when it became possible to send coins to the exchanges. However, they asked all the exchanges to delay trading by 24 hours because they might have to roll back their blockchain. That hardly a slick, smooth start.
This is from Poloniex.
Ethereum deposits are delayed 24 hrs from 2015-08-07 03:50 UTC per dev request. The developers may rollback the chain up to 24 hours in case of an issue. As a result, the developers asked all exchanges to wait 5760 confirms (24 hours) to credit ETH deposits in case the chain is rolled back.Posted by OldManKidd at 2015-08-07 05:32:22
Ethereum should have been trading a few hours ago because that's when it became possible to send coins to the exchanges. However, they asked all the exchanges to delay trading by 24 hours because they might have to roll back their blockchain. That hardly a slick, smooth start.
This is from Poloniex.
Ethereum deposits are delayed 24 hrs from 2015-08-07 03:50 UTC per dev request. The developers may rollback the chain up to 24 hours in case of an issue. As a result, the developers asked all exchanges to wait 5760 confirms (24 hours) to credit ETH deposits in case the chain is rolled back.Posted by OldManKidd at 2015-08-07 05:32:22
It looks like polo are making up stories. They probably just do not want to take on a risk of reversal.
Kraken is already trading regardless, but polo only shows bids, some of which are promotional in nature.
One guy wants to be the first to trade eth on polo for some reason, so he put in a bid that equals eth and btc (a few satoshis worth)-ignore it.
The devs have delayed Ethereum trading by another day.
Ethereum should have been trading a few hours ago because that's when it became possible to send coins to the exchanges. However, they asked all the exchanges to delay trading by 24 hours because they might have to roll back their blockchain. That hardly a slick, smooth start.
This is from Poloniex.
Ethereum deposits are delayed 24 hrs from 2015-08-07 03:50 UTC per dev request. The developers may rollback the chain up to 24 hours in case of an issue. As a result, the developers asked all exchanges to wait 5760 confirms (24 hours) to credit ETH deposits in case the chain is rolled back.Posted by OldManKidd at 2015-08-07 05:32:22
Ethereum should have been trading a few hours ago because that's when it became possible to send coins to the exchanges. However, they asked all the exchanges to delay trading by 24 hours because they might have to roll back their blockchain. That hardly a slick, smooth start.
This is from Poloniex.
Ethereum deposits are delayed 24 hrs from 2015-08-07 03:50 UTC per dev request. The developers may rollback the chain up to 24 hours in case of an issue. As a result, the developers asked all exchanges to wait 5760 confirms (24 hours) to credit ETH deposits in case the chain is rolled back.Posted by OldManKidd at 2015-08-07 05:32:22
You guys still trust Poloniex? because they force you now to put your real name etc to withdraw and deposit. Will ETH be in any other places? i want a more anonymous exchange, why should they ask for name even if you only deal with cryptos and not fiat? its absurd.
The devs have delayed Ethereum trading by another day.
Ethereum should have been trading a few hours ago because that's when it became possible to send coins to the exchanges. However, they asked all the exchanges to delay trading by 24 hours because they might have to roll back their blockchain. That hardly a slick, smooth start.
This is from Poloniex.
Ethereum deposits are delayed 24 hrs from 2015-08-07 03:50 UTC per dev request. The developers may rollback the chain up to 24 hours in case of an issue. As a result, the developers asked all exchanges to wait 5760 confirms (24 hours) to credit ETH deposits in case the chain is rolled back.Posted by OldManKidd at 2015-08-07 05:32:22
Ethereum should have been trading a few hours ago because that's when it became possible to send coins to the exchanges. However, they asked all the exchanges to delay trading by 24 hours because they might have to roll back their blockchain. That hardly a slick, smooth start.
This is from Poloniex.
Ethereum deposits are delayed 24 hrs from 2015-08-07 03:50 UTC per dev request. The developers may rollback the chain up to 24 hours in case of an issue. As a result, the developers asked all exchanges to wait 5760 confirms (24 hours) to credit ETH deposits in case the chain is rolled back.Posted by OldManKidd at 2015-08-07 05:32:22
That's what I call a god start.
Curious to see how ethereum will work a few months in the future. What is also interesting, will it hold immediately a top 5 in the cryptomarkets list? After all, they got extreme funding from the bitcoin community. Not sure why, but everytime I think of Ethereum I get an image of Rabbit Telecommunications (in Britain several decades back). Great idea, but just didn't get the market penetration.
Good comparison by the way! Now I also think of it in this clue
The devs have delayed Ethereum trading by another day.
Ethereum should have been trading a few hours ago because that's when it became possible to send coins to the exchanges. However, they asked all the exchanges to delay trading by 24 hours because they might have to roll back their blockchain. That hardly a slick, smooth start.
This is from Poloniex.
Ethereum deposits are delayed 24 hrs from 2015-08-07 03:50 UTC per dev request. The developers may rollback the chain up to 24 hours in case of an issue. As a result, the developers asked all exchanges to wait 5760 confirms (24 hours) to credit ETH deposits in case the chain is rolled back.Posted by OldManKidd at 2015-08-07 05:32:22
Ethereum should have been trading a few hours ago because that's when it became possible to send coins to the exchanges. However, they asked all the exchanges to delay trading by 24 hours because they might have to roll back their blockchain. That hardly a slick, smooth start.
This is from Poloniex.
Ethereum deposits are delayed 24 hrs from 2015-08-07 03:50 UTC per dev request. The developers may rollback the chain up to 24 hours in case of an issue. As a result, the developers asked all exchanges to wait 5760 confirms (24 hours) to credit ETH deposits in case the chain is rolled back.Posted by OldManKidd at 2015-08-07 05:32:22
Not sure why, but everytime I think of Ethereum I get an image of Rabbit Telecommunications (in Britain several decades back). Great idea, but just didn't get the market penetration.
I think ETH atm (after genesis that is) only can be obtained by using BTC to buy, no fiat.
So if there will be a huge demand, there might be a small drop in BTC.
Crypto land is a small place. There's only so many buyers and they're a pretty tired bunch these days. NXT is well established and heaves with tricked up features and that's not really going anywhere.
Ethereum does have a bit of hype, but it's also a bastard to comprehend and the IPO thing and Goldman Sachs links left a pretty nasty taste. I'm not so sure it's gonna set the world on fire. Time will tell.
Well said. Reading about Ethereum gave me a headache. Mass adoption? I doubt it.
None of your three scenarios seems to be plausible. I think the release of Ethereum won't affect the price of Bitcoin. By the way Sidechains probably will kill the Ethereum project or make it obsolete.
I agree that sidechains will be more useful than ethereum, ethereum has a decent hype but once the first bugs appear and sidechains are released ethereum will become obsolete. Bitcoin can survive with itself but ethereum needs bitcoin in order to survive. I don't think that the ethereum launch will affect the bitcoin price at all.
None of your three scenarios seems to be plausible. I think the release of Ethereum won't affect the price of Bitcoin. By the way Sidechains probably will kill the Ethereum project or make it obsolete.
Ethereum = JPMorgan coin
Only will affect long term, if it don't fail and gets better acceptance than BTC.
For now, no effect
For now, no effect
I think ETH atm (after genesis that is) only can be obtained by using BTC to buy, no fiat.
So if there will be a huge demand, there might be a small drop in BTC.
On the other hand there might be a sell of from already purchases ETH, which could cause a small spike in BTC.
My logic might be flawed.
So if there will be a huge demand, there might be a small drop in BTC.
On the other hand there might be a sell of from already purchases ETH, which could cause a small spike in BTC.
My logic might be flawed.
The Kraken exchange has both fiat Ethereum markets, and a Bitcoin Ethereum market set up ready for the launch of Ethereum. There are already buy orders waiting for the first available coins. Was the IPO price 20 cents each rising to 40 cents each at the end? That's the range the USD market buy orders start at, although there aren't many yet.
Here's the Kraken markets.
Clever. Pump your alt coin in the Bitcoin section by asking how it will affect BTC price.
Well played
Well played
I don't own any Ether. I'm interested in what Ethereum can or cannot do, though.
That is very unlikely unless the ether takes a deep dive and a few crazy ones might take a bet on it.
Ok when ethereum is something like NXT what makes it special then?
NXT is like swiss knife and has many nice features. But have a look where it is placed on cmc?
NXT is 11, but has a better potential than bitcoin itself, but bitcoin was here before (disclamer: this is not a truth, just personnal point of view).Ok when ethereum is something like NXT what makes it special then?
NXT is like swiss knife and has many nice features. But have a look where it is placed on cmc?
LTC is 2nd, and is a total copy of Bitcoin, with no innovation.
so why do you care about cmc ?
I doubt ethereum will be the big new alternative beside Bitcoin.
Can't known, but "ethereum" has a good marketing on non existing product (yet). NXT is running, but there is no such marketing.
Many people here are more afraid about ethereum than NXT.
Ok let me get this. You claim NXT has way better potential than Bitcoin but all the VC is getting pumped in Bitcoin.
As I see it the way better future potential is in Bitcoin. Investments allow better and faster research and development.Beside that Bitcoin general media's attention. It is mentioned in every bigger economic or financial newspaper arounf the world.
I don't see that kind of investments or attention in NXT.
Don't get me wrong. I own some NXT and like it's technologies. But I also can be realistic enough to understand that neither it will ever be able to compete with Bitcoin nor will Ethereum. I hardly hardly believe that.
And what kind of marketing you are talking about which Ethereum is doing so great? Haven't seen or read of it in general media! Have you?
Yeah maybe some articles on crypto related blogs or some low viewed videos on youtube.But that's it.
Come on man! Stop kidding me!
One year past, finally they launched it, Ether is a project based on BlockChain technology, not that matter with Bitcoin, so I don't think it will affect BTC value.
That is very unlikely unless the ether takes a deep dive and a few crazy ones might take a bet on it.
Ok when ethereum is something like NXT what makes it special then?
NXT is like swiss knife and has many nice features. But have a look where it is placed on cmc?
NXT is 11, but has a better potential than bitcoin itself, but bitcoin was here before (disclamer: this is not a truth, just personnal point of view).Ok when ethereum is something like NXT what makes it special then?
NXT is like swiss knife and has many nice features. But have a look where it is placed on cmc?
LTC is 2nd, and is a total copy of Bitcoin, with no innovation.
so why do you care about cmc ?
I doubt ethereum will be the big new alternative beside Bitcoin.
Can't known, but "ethereum" has a good marketing on non existing product (yet). NXT is running, but there is no such marketing.
Many people here are more affraid about ethereum than NXT.
Please define "
Clever. Pump your alt coin in the Bitcoin section by asking how it will affect BTC price.
Well played
Well played
I think ETH atm (after genesis that is) only can be obtained by using BTC to buy, no fiat.
So if there will be a huge demand, there might be a small drop in BTC.
Crypto land is a small place. There's only so many buyers and they're a pretty tired bunch these days. NXT is well established and heaves with tricked up features and that's not really going anywhere.
Ethereum does have a bit of hype, but it's also a bastard to comprehend and the IPO thing and Goldman Sachs links left a pretty nasty taste. I'm not so sure it's gonna set the world on fire. Time will tell.
That is very unlikely unless the ether takes a deep dive and a few crazy ones might take a bet on it.
Ok when ethereum is something like NXT what makes it special then?
NXT is like swiss knife and has many nice features. But have a look where it is placed on cmc?
NXT is 11, but has a better potential than bitcoin itself, but bitcoin was here before (disclamer: this is not a truth, just personnal point of view).Ok when ethereum is something like NXT what makes it special then?
NXT is like swiss knife and has many nice features. But have a look where it is placed on cmc?
LTC is 2nd, and is a total copy of Bitcoin, with no innovation.
so why do you care about cmc ?
I doubt ethereum will be the big new alternative beside Bitcoin.
Can't known, but "ethereum" has a good marketing on non existing product (yet). NXT is running, but there is no such marketing.
Many people here are more afraid about ethereum than NXT.
Some guys who bought it in the IPO might dump fast after launch and convert it into Bitcoin. Others might dump for cash. Who knows...
Or the opposite, some could dump bitcoin to buy ether.I think ethereum is something that run like NXT. ether will be a token to get allowed to register transaction on ethereum blockchain and not a "coin" (ether token could have a huge value, but not as a coin).
So bitcoin will stay as basic "coin" for average people, and ethereum might get interest from enterprises.
That is very unlikely unless the ether takes a deep dive and a few crazy ones might take a bet on it.
Ok when ethereum is something like NXT what makes it special then?
NXT is like swiss knife and has many nice features. But have a look where it is placed on cmc?
I doubt ethereum will be the big new alternative beside Bitcoin.
I think ETH atm (after genesis that is) only can be obtained by using BTC to buy, no fiat.
So if there will be a huge demand, there might be a small drop in BTC.
On the other hand there might be a sell of from already purchases ETH, which could cause a small spike in BTC.
My logic might be flawed.
So if there will be a huge demand, there might be a small drop in BTC.
On the other hand there might be a sell of from already purchases ETH, which could cause a small spike in BTC.
My logic might be flawed.
Why would there be a huge demand? A lot of Ether has been sold already and the funds have been locked for more than a year while bitcoins price went down the drain. I bet more people are looking to get out than there are to get in..
I think I am the first to answer the question in the title.
The launch will make bitcoin price go up. Why? I dunno.
The launch will make bitcoin price go up. Why? I dunno.
I think ETH atm (after genesis that is) only can be obtained by using BTC to buy, no fiat.
So if there will be a huge demand, there might be a small drop in BTC.
On the other hand there might be a sell of from already purchases ETH, which could cause a small spike in BTC.
My logic might be flawed.
So if there will be a huge demand, there might be a small drop in BTC.
On the other hand there might be a sell of from already purchases ETH, which could cause a small spike in BTC.
My logic might be flawed.
it won't. there is no reason of why an altcoin should have any impact on the bitcoin price. once the price is high enough, be smart and convert everything to btc directly before it's too late.
That's so reasonable. Agree wholeheartedly
Some guys who bought it in the IPO might dump fast after launch and convert it into Bitcoin. Others might dump for cash. Who knows...
Or the opposite, some could dump bitcoin to buy ether.I think ethereum is something that run like NXT. ether will be a token to get allowed to register transaction on ethereum blockchain and not a "coin" (ether token could have a huge value, but not as a coin).
So bitcoin will stay as basic "coin" for average people, and ethereum might get interest from enterprises.
why do you think that Ethereum's launch will affect BTC's price?
would it rain affect your sleep?
would it rain affect your sleep?
Some guys who bought it in the IPO might dump fast after launch and convert it into Bitcoin. Others might dump for cash. Who knows...
why do you think that Ethereum's launch will affect BTC's price?
would it rain affect your sleep?
would it rain affect your sleep?
No effect.
All alts are not big enough to affect BTC prices, and Ethereum is not the biggest guy around
All alts are not big enough to affect BTC prices, and Ethereum is not the biggest guy around
Sounds about right..
I never seen an altcoin really heavily influence the main core coin since every alt coin seems to be super bad and no benefit of holding it.
I'm selling all my ether for btc as soon as it goes live.
Good move. The people behind ethereum are "former" banksters with the big banks. So their usual MO is a big initial pump with insider traders getting the low prices then dumping them on suckers who buy at the peak. After they cash in on their scam they'll go right back to their jobs at Goldman Sachs or whatever, collecting their eight-figure annual bonuses. Anyone who continues to fall for this sort of thing at this point deserves to loose their money.
Kind of contradicting yourself here. If you believe there will be a pump, why would it be a good move to dump it the second it goes live?
it won't. there is no reason of why an altcoin should have any impact on the bitcoin price. once the price is high enough, be smart and convert everything to btc directly before it's too late.
Remember Paycoin?
The dev made a ton of Bitcoins from the IPO, then dumped them, judging by how fast Bitcoin crashed afterwards. Bitcoin's price also crashed after each time the Ethereum devs dumped their IPO Bitcoins. If they have a massive stake of the Ethereum genesis block they could dump it for Bitcoins at the first opportunity, and dump the Bitcoins immediately afterwards causing a crash.
What percentage of the genesis block have the devs given themselves?
it won't. there is no reason of why an altcoin should have any impact on the bitcoin price. once the price is high enough, be smart and convert everything to btc directly before it's too late.
I'm selling all my ether for btc as soon as it goes live.
Ether will fail.
Nah I think it will do well, any one that thinks it will crush BTC is dreaming though.
In my opinion, Ethereum will by it's own weight. It's too pretentious and ambitious of a project. Bitcoin's simplicity will win in the end, and it's scalability will deprecate Ethereum and other competitors.
not if bitcoin devs will endlessly argue about every little or large detail.
Core bitcoin devs shouldn't be like Fed, a small group of people arbitrarily directing the policy.
In my opinion, Ethereum will by it's own weight. It's too pretentious and ambitious of a project. Bitcoin's simplicity will win in the end, and it's scalability will deprecate Ethereum and other competitors.
Quote from: dothebeats
I'm curious what is the difference between Ether coin and Ethereum.
PLEASE NOTE THAT WE ARE NOT AFFILIATED WITH THE OFFICIAL ETHEREUM PROJECT. WE ARE OFFERING A SECOND-MARKET SALE OF ETHERS.
http://www.ethercoin.cc
hope dis helps
I'm with you regarding the wiki, must read in further
I couldn't even understand what is stated on that wikipedia page. It only says it is decentralized computing. I'm curious what is the difference between Ether coin and Ethereum. Can anyone with the knowledge about it explain it here? Also, I've read their "Almost there.." article, and I could fairly say that Ethereum is not intended for general public use as of this moment.
No effect.
All alts are not big enough to affect BTC prices, and Ethereum is not the biggest guy around
All alts are not big enough to affect BTC prices, and Ethereum is not the biggest guy around
Correct me if i am wrong, but I thought that ethereum is basically fuel to run distributed applications that you want to built.
If I don't build apps-I don't think i would have any use for it, apart from speculation via ETC.
ETC is just a speculating vehicle since ether is not released yet.
There is a lot of noise about it, but a lot needs to be done before it can even remotely connect to an average Joe or Jane.
I wish it was just a new bitcoin feature.
A sidenote: what exactly bitcoin devs are doing apart from arguing about a blocksize?
We have yet to see something amazing and ready to use apart from endless wallets and exchanges.
If I don't build apps-I don't think i would have any use for it, apart from speculation via ETC.
ETC is just a speculating vehicle since ether is not released yet.
There is a lot of noise about it, but a lot needs to be done before it can even remotely connect to an average Joe or Jane.
I wish it was just a new bitcoin feature.
A sidenote: what exactly bitcoin devs are doing apart from arguing about a blocksize?
We have yet to see something amazing and ready to use apart from endless wallets and exchanges.
What is an Ethereum and what does it do?
Wondering the same thing, time for some research. They had a presale a while ago, for those that missed out apparently you can buy some ETC on Bittrex and then exchange for some ETH when they release their Genesis block. 
What is an Ethereum and what does it do?
Apparently they are set to launch their blockchain this Thursday: https://blog.ethereum.org/2015/07/27/final-steps/ .
thanks for the link! Quite interesting and useful
Apparently they are set to launch their blockchain this Thursday: https://blog.ethereum.org/2015/07/27/final-steps/ .
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