Topic: Shit just got real - page 4. (Read 7222 times)

Still it's an ICO bubble and it will be a sad thing to watch when all the ICOs start a cashing out race.

Checked polo and the wall is gone. Was it eaten that fast ? LOL.

Also, those that claim eth has infinite supply clearly have no ideea about it's monetary policy. ETH will have about ~100mil tokens before PoS, then 1-2% inflation ( but most likely 1 ) each year, not every detail is set in stone. Anyways, in 10 years eth won't release more tokens than bitcoin anyways, so i'd say inflation is actually lower.

Also, those that complain about eth being accepted as a coin; this takes time and it's not the first thing it aims for, although there are many places that accept it, one example: https://pastebin.com/ethereum.php.

Also the token has intrinsec value, because it aims to be useful to the network not just speculation and the projects/dapps that run on it require eth. Some interesting projects, took them from reddit:

https://www.reddit.com/r/ethereum/comments/6gqjqp/checkout_the_trustlines_network_poc_release/

https://www.reddit.com/r/ethereum/comments/6glupz/beyond_the_voidnxc_ethereum_token_just_got/

https://www.reddit.com/r/ethereum/comments/6gf51d/first_realtime_gaming_on_the_ethereum_blockchain/

Ofcourse i wouldn't look for every project out there, there are literally hundreds of them.

Bullshit.
And i am sooooo sick & fucking tired of scammy greedy idiots using that played out cliche'd fail retort.
Don't you fucking god damn compare ETH the ICO scam coin app's gimmick platform with a REAL open source digital CURRENCY.

Why ?

For one thing Bitcoin is actually used as intended.
More so than any lame ass bullshit ICO schemes for profit like Ethereum.

You are comparing a donkey to a banana.
Which makes you look stupid.

I wish i could filter out all the noob idiots.
It would be great if i could hit a check box and never have to hear a word from any little dipshit profiteers crawling in here spouting off until they at least hit Hero level.

That is one very impressive wall and it appears to be real.

I hope whoever it is owns poloniex because there's no way I'd want 6000 btc trapped on there.

its really real now.  massive ETH sell wall dump on poloniex's BTC market right now.  was like 18M USD of it at the start

I believe ethereum can exceed bitcoin in terms of market capitalization as well, but being the fundamental of the market aspec will never change for bitcoin. This is so obvious.

I dont think that etherum is scam.I see that etherum have a really good projects today.I more like etherum because Vladimir Putin is interensted in entherum and because I see more faster growing speed than in bitcoin price so I will start to trade with etherum.

I knew eth is a great alt coin, but the support for eth is still too low, until there are a lot of shop accepting eth, then we can compare eth and bitcoin, all of those number only come from trading and people just do pump and dump when people think it is not profitable anymore they will find other coin

same with bitcoin 👍

You g'wan, boy.  Buy it awl up when it's higher then Rodney King on a good nite, then sell it low'r afta y'nuts drop off.  Y'all'd only be doin' whut everrbody else up'n this forum do, which is why you all is a buncha broke ass niggas, chasin' coins while they be sailin' out the ballpark.

So what happens when these ICOs gets dumped or turns to complete scam? What going to be the effect on ETH?

+1

I'm fairly well invested in Ether because I kept some back from the original ICO.

But I'm nowhere near as bullish on it as most of the fevered posters on here.

For a start, I don't think it has anything close to the longevity that bitcoin has - even if if did exceed its marketcap at some point. The reason is precisely the same reason that it's booming now. (Note, I'm refering to the Eth/BTC exchange ratio. The chain might last a long time as a technology platform though).

Ethereum is the Electronic Typewriter Investment of the 1950's. It wasn't designed as a store of value in its own right, it was designed to carry equity products (who's value by the way does not directly transmit to the underlying blockchain token. You buy Ether, you don't get a stake in Golem).

Right now we are at "peak Ether" for 2 reasons:

1. It's the only smart contract chain in existence that's mature enough to host a significant number of equity models
2. We're in the middle of a storm of ICOs who's front doors require Ether but who's value does not derive from the value Ether but rather from the value of their business models

Over the net 5 years we're going to see a wave of improved smart contract chains which will have a far more competive impact on the Ether marketcap than altcoins had on Bitcoin's marketcap. Thats mainly because there was very little advantage in investing in a competing monetary token whereas there's potentially a HUGE advantage for ICOs to launch on a competing technology blockchain if it offers competitive features.

Wait and watch (But I won't be going any deeper from here).

If they invested in Bitcoin they would have made how much again ?
Or Litecoin ? that went from $3 to $30 ?
Or ? ...

You are a fraud.. the community knows it too but they tolerate it because they are greedy.
The scene is mostly greedy losers with no integrity.
I'm trying to get them to be honest and you are trying to make me out to be the bad guy.

Got real ?
This topic is fraud.
You are deceiving this noobs showing up.
But they want it.. so fuck 'em.
Choke to death on your scam coin bullshit for all i care.

I would never own an ICO coin period.

I don't care if it means i could brag about having 100k in Bitcoin.
See the retarded fucked up part of all this ?
You spend vast amounts of time bashing Bitcoin then tell some noobs they missed out on 100k worth of BTC profits.

BTC is so horrible that uhhh well... you need to sell ETH to get some more LOL

App's ?
Oh yeah everyone was clamoring for "App's" on a block-chain..
What a revolution  

Reality ?
No one gives a shit about *USING* Ethereum.
They all simply want to profit from it.
Which means they would just as easily support ANY coin that gave them profits.

You are clowns  

You're dead wrong. You're thinking that people won't buy video cards to mine because there's 1 more year left to mine, or slightly more. Keep in mind that video cards to mine eth cost 200$ not 2k usd, in the case of asics. ROI is like 1.5-2 months if you take into consideration the resale value of video cards. Yes, people sell these cards when they don't mine. Asics become garbage.

This is the most important thing that makes ethereum more decentralized and more easy to mine by anyone; mining EQ is extremely cheap, compared to btc. BTC asics have an artificial high price because of the monopoly. It probably costs them 50-100$ to build one, and charge 20 times that.

About last part; keep in mind that, whatever project fails, it doesn't mean it will affect eth price. Not every failing project has millions of ether locked in a smart contract where everyone can interact with it. That was dao's achilees heel. Everyone could interact with that contract that held all the funds. No other project does this. Naive / unknowledgeable people always assume that if a project fail millions will be lost.

Still doesn't actually have any new practical application, still doesn't have a scaling solution even if it did, and it's worth 32 billion.  This is not a new paradigm, this is the next South Sea Bubble.  Put down the kool-aid people.

First of all ETH and BTC are two different worlds. ETH was made to be  a gass a fuel for the network.

Because of many ICOs popping out there and because some big companies are backing it up people feel that it is a safe heaven, but every high and fast rise will eventually dump. Yes ETH can surpass btc by all means, if btc pass scaling issue I don't see that ETH will surpass bitcoin even by volume.

ETH don't have a coin limit as far as I am informed. But again it can surpass the bitcoin as BTC has scaling issues and as people tend to feel that it is not stable specially when you hear of possible chain split in august.

Miners can always use their GPUs to mine Monero instead of Ether so not much risk to buying new mining rigs.

How many TXs can ETH handle before it runs into the same scaling issues?

Or wait.. Do they care at all about decentralization to have a cap like BTC?

Nah, they will proly just fork it and roll back transactions if/when it breaks like usual in their centralized manner..

I think Ethereum will be huge I just hate Bitcoin with its transactions cost... only reason I would even hold .01 BTC is because I have FOMO

what if i sell my .15 BTC and Bitcoin goes to $10k or even $1million

I think again dew to the bitcoin price rise and the media its had people before were not sure about crypto now getting into the alt markets because the bitcoin price is still very high.

The drive from new money flowing new miners starting and the vast amounts of trading going on between them it would bound to happen at some point.

ETH has some very amazing benefits to it and not matter what people say now its here to stay