To everyone converting BTC to ETH - page 7.

shitcointalk101

newbie

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Quote from: schlonged on March 07, 2016, 06:16:05 AM

^^^

exactly

bitcoiners are getting severely schlonged by the inability of the millionaire founders to agree on the simplest things. Its like watching our politicians fight for 3 months over raising the debt cieling before voting themselves salary raises that will require a debt cieling raise. And frankly, the public is fed up with these uber wealthy bitcoin ivory tower types who fight like spoiled childeren. It's not that they hate bitcoin, it's that they hate making Mr. Big Ego Nakamoto a billionaire, when Ether gas can be transferred and fast.

Ethereum at least has a team who is not only publicly known, but actively working together and recruiting new developers to build a more useful blockchain. One that does not require 20 minutes to get satisfaction. The Ether team behaves responsibly like a company on Wall St who is trying to display transparency in their product development, where the bitcoin foundation resembles a cat fight.

Not to mention Ether has capabilities for gambling (prediction markets)

Believer talk. Ether was just like any other altcoin, meant to make btc for devs and whales. Just little more sophisticated. Promising revolutionary tech that will replace bitcoin and change the world. In reality whales just took money from noobs like thei always do

schlonged

newbie

Activity: 41

Merit: 0

^^^

exactly

bitcoiners are getting severely schlonged by the inability of the millionaire founders to agree on the simplest things. Its like watching our politicians fight for 3 months over raising the debt cieling before voting themselves salary raises that will require a debt cieling raise. And frankly, the public is fed up with these uber wealthy bitcoin ivory tower types who fight like spoiled childeren. It's not that they hate bitcoin, it's that they hate making Mr. Big Ego Nakamoto a billionaire, when Ether gas can be transferred and fast.

Ethereum at least has a team who is not only publicly known, but actively working together and recruiting new developers to build a more useful blockchain. One that does not require 20 minutes to get satisfaction. The Ether team behaves responsibly like a company on Wall St who is trying to display transparency in their product development, where the bitcoin foundation resembles a cat fight.

Not to mention Ether has capabilities for gambling (prediction markets)

mrcashking

hero member

Activity: 700

Merit: 500

Quote from: chesthing on March 06, 2016, 10:42:47 PM

Buying ETH now would be incredibly stupid. The risk of it falling far outweighs the possibility that it will double in price. There's a hell of a lot of difference between doubling 100m and 1b. It is totally obvious a crash is coming.

There isn't a lot of volume on sell orders in order to make it very difficult to double again.However, the majority of the trading being on polo is kinda fishy for sure but still i would have my doubts that it wont be much down even if it crashes to some lesser value.

Quote from: BitCoinDream on March 05, 2016, 02:03:37 PM

p.s. Alt coin trading is a gambling. If u wanna test your luck on some coin under pump, its fine. But, make sure to come back to BTC, when u have made enough, otherwise u'll lose all and have to be a mute spectator while the next alt wave hits. GooD Luck Wink

I think the core drama is pissing off people day by day and the mentality to increase the "bitcoin number" is going to change at some point.

chesthing

legendary

Activity: 1414

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Buying ETH now would be incredibly stupid. The risk of it falling far outweighs the possibility that it will double in price. There's a hell of a lot of difference between doubling 100m and 1b. It is totally obvious a crash is coming.

chennan

legendary

Activity: 1316

Merit: 1004

Quote from: kanazawa on March 06, 2016, 05:03:17 PM

Well, yesterday was the ethereum day and monero, today is factom, tomorrow will be some other currency and that's it...

I think only Bitcoin has a real value, because it's not an artificial movement, it's real acceptance, and what makes a currency worth something is acceptance and circulation... all the other thing will artificiallize the whole system, nothin' more.

edit: eth and xmr got their real value and it's growing naturally, but doubling the value, 50%-80% of increase in prices is not a "normal" thing... in my own view, first of all, it takes time, time and more time.

And when Bitcoin spiked to $1000+, was that normal? The fact of the matter is that while Bitcoin is the oldest and first crypto to become a major player in the financial world, doesn't mean that it's not still in its infancy. Bitcoin has the highest market cap just because it was the first... Doesn't mean that another digital currency can deem itself worthy to surpass Bitcoin due to better functionality.

kanazawa

hero member

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Well, yesterday was the ethereum day and monero, today is factom, tomorrow will be some other currency and that's it...

I think only Bitcoin has a real value, because it's not an artificial movement, it's real acceptance, and what makes a currency worth something is acceptance and circulation... all the other thing will artificiallize the whole system, nothin' more.

edit: eth and xmr got their real value and it's growing naturally, but doubling the value, 50%-80% of increase in prices is not a "normal" thing... in my own view, first of all, it takes time, time and more time.

The Sceptical Chymist

legendary

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Cashback 15%

Quote from: franky1 on March 05, 2016, 02:43:03 PM

also, if anyone is telling you its a great time to buy. they are doing this because they have already bought and want other people to buy so that they can sell..

in short if you are hearing about some great deal.. your already/nearly too late..

those that spot a great deal dont publicise it, because that creates competition which causes a price rise before the initial person has bought in.

so learn this hard lesson. if someone is telling you to buy somethin, why are they not afraid of the price rising, why are they shooting themselves in the foot, and reducing their own chances of buying more.

usually when you hear someone shout out a doomsday, that has no merit. dont blindly think you should jump off the ship because they say so. instead you should be buying more bitcoin while its cheap. because the fake doomsday is just a bit of temporary social drama

Well said but I think most folks who post here are pikers. The markets here are too small for any great deals to be had, even if you knew how to identify them as such.

jaked

member

Activity: 60

Merit: 10

Well, if you want to compare NXT with ETH, then compare this:

NXT repo:
https://bitbucket.org/JeanLucPicard/nxt/overview
6,446 commits

ETH repos:
https://github.com/ethereum/cpp-ethereum
11,974 commits, 14 releases, 70 contributors.

https://github.com/ethereum/go-ethereum
6,984 commits, 80 releases, 63 contributors

And the above ETH stats are just for 2 of the many Ethereum projects.

Edit: I fixed the numbers, as I refered to the wrong repo.

shitcointalk101

newbie

Activity: 42

Merit: 0

It will go as low as 2 dollars. Believe me, dump your bag before it becomes worthless. ETH is dead. 0.03 and above is not possible anymore. Whales made heir profits, now they move on. Ether will never see above 10 dollars ever. Permanent loss for all who think it will go up again.

Victor Beckham

full member

Activity: 243

Merit: 100

Quote from: BitcoinHodler on March 06, 2016, 10:50:54 AM

the fact that ETH rose to $11 is no reason for it to reach $30
i am not saying it is or it is not rising to $30 i just want to point out that you can not make this conclusion that it is going to rise to $30 because it rose to $11

In fact, it seems, the dump has started. It is -9.15 %, right now on CoinMarketCap - http://coinmarketcap.com/currencies/ethereum/#charts

BitcoinHodler

hero member

Activity: 1456

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HODLing is an art, not just a word...

Quote from: ctlaltdefeat on March 05, 2016, 03:48:34 PM

Quote from: BitCoinDream on March 05, 2016, 02:03:37 PM

Read a little about history of NXT, while jumping ship to ETH as a store of value. Compare the following two graphs...

a. http://coinmarketcap.com/currencies/ethereum/#charts

b. http://coinmarketcap.com/currencies/nxt/#charts

Compare the following facts...

i. NXT was backed by a centralized organization, just like ETH.

ii. NXT was PoS, just like ETH will ultimately be.

iii. NXT offered asset exchange, while ETH offers smart contract. Both of these functionality, which they claim to make them unique, are actually possible on bitcoin blockchain, which is far more secure.

iv. With price rise, NXT backers sold their holding to increase liquidity in the market. With price rise, ETH backers are increasing ETH supply in the market to increase liquidity in the market.

p.s. Alt coin trading is a gambling. If u wanna test your luck on some coin under pump, its fine. But, make sure to come back to BTC, when u have made enough, otherwise u'll lose all and have to be a mute spectator while the next alt wave hits. GooD Luck Wink

Etherum have big chance to raise and raise until $30 ?i just saw etherum on 0.02 price last day,and than i see it now,its been 0.03
massive price increse,and feel fool bcause i dont buy last day,its now have to late to buy some etherum?many people talk about this altcoin,interesting coins.

the fact that ETH rose to $11 is no reason for it to reach $30
i am not saying it is or it is not rising to $30 i just want to point out that you can not make this conclusion that it is going to rise to $30 because it rose to $11

Albert Hamilton

full member

Activity: 128

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Quote from: graffix on March 06, 2016, 07:53:56 AM

Quote from: TigerMart on March 06, 2016, 07:42:26 AM

Ethereum does not bring in any functionality that can not be done on bitcoin blockchain. The whole smart contract concept, that ethereum claims to be its unique USP can be done on bitcoin blockchain using Rootstock. Details - https://medium.com/@CryptoIQ.ca/rootstock-smart-contracts-on-the-bitcoin-blockchain-e52b065421a8

No it can't. It isn't even sure what Rootstock will become (they are vague in ther whitepaper and we haven't seen anything/progression since last year). Smart contracts won't work if blocks are full or slowly confirmed. Too many flaws in BTC otherwise the Eth devs would've built on it.

Rootstock is just an application that claims to provide the functionality of Ethereum. Previously, CounterParty has also written the whole Ethereum codebase on bitcoin blockchain. It has been proven time and again, that neither Ethereum nor NXT offers anything unique. All is happening now is just a pump.

graffix

member

Activity: 195

Merit: 10

Quote from: TigerMart on March 06, 2016, 07:42:26 AM

Ethereum does not bring in any functionality that can not be done on bitcoin blockchain. The whole smart contract concept, that ethereum claims to be its unique USP can be done on bitcoin blockchain using Rootstock. Details - https://medium.com/@CryptoIQ.ca/rootstock-smart-contracts-on-the-bitcoin-blockchain-e52b065421a8

No it can't. It isn't even sure what Rootstock will become (they are vague in ther whitepaper and we haven't seen anything/progression since last year). Smart contracts won't work if blocks are full or slowly confirmed. Too many flaws in BTC otherwise the Eth devs would've built on it.

TigerMart

full member

Activity: 271

Merit: 117

Ethereum does not bring in any functionality that can not be done on bitcoin blockchain. The whole smart contract concept, that ethereum claims to be its unique USP can be done on bitcoin blockchain using Rootstock. Details - https://medium.com/@CryptoIQ.ca/rootstock-smart-contracts-on-the-bitcoin-blockchain-e52b065421a8

hv_

legendary

Activity: 2520

Merit: 1055

Clean Code and Scale

Quote from: zaph3t on March 05, 2016, 04:06:37 PM

The bottom line is people are investing in ETH because of Bitcoin same as NXT.
In General, people are buying Altcoins because of BTC they are not buying because they can use it on something or somewhere.
At least this is what i have seen going on here and we are all doing the same trick. Lol

ETH made a big fuss in the banking sector, so I expect some related whales or traders go long and play, what they never d do with BTC, because of its history and latent attack against banks. They will in case it works fork & short, otherwise just short.

Same is for industry, MSFT guys.

And miners that need some minimum stake for the planned PoS.

Not forget all BTC dev frustrated that now vote with their feet, like a Hearn....

zaph3t

sr. member

Activity: 294

Merit: 250

SynqCrypto Team

The bottom line is people are investing in ETH because of Bitcoin same as NXT.
In General, people are buying Altcoins because of BTC they are not buying because they can use it on something or somewhere.
At least this is what i have seen going on here and we are all doing the same trick. Lol

ctlaltdefeat

sr. member

Activity: 464

Merit: 250

Quote from: BitCoinDream on March 05, 2016, 02:03:37 PM

Read a little about history of NXT, while jumping ship to ETH as a store of value. Compare the following two graphs...

a. http://coinmarketcap.com/currencies/ethereum/#charts

b. http://coinmarketcap.com/currencies/nxt/#charts

Compare the following facts...

i. NXT was backed by a centralized organization, just like ETH.

ii. NXT was PoS, just like ETH will ultimately be.

iii. NXT offered asset exchange, while ETH offers smart contract. Both of these functionality, which they claim to make them unique, are actually possible on bitcoin blockchain, which is far more secure.

iv. With price rise, NXT backers sold their holding to increase liquidity in the market. With price rise, ETH backers are increasing ETH supply in the market to increase liquidity in the market.

p.s. Alt coin trading is a gambling. If u wanna test your luck on some coin under pump, its fine. But, make sure to come back to BTC, when u have made enough, otherwise u'll lose all and have to be a mute spectator while the next alt wave hits. GooD Luck Wink

Etherum have big chance to raise and raise until $30 ?i just saw etherum on 0.02 price last day,and than i see it now,its been 0.03
massive price increse,and feel fool bcause i dont buy last day,its now have to late to buy some etherum?many people talk about this altcoin,interesting coins.

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: bitbitch on March 05, 2016, 02:36:56 PM

i wonder if the btc mining cartel is now in the market trying to support bitcoin's price?

in the context of the upcoming halving they would be seriously concerned by a run on BTC.

if BTC is sub $300 immediately prior to the halving then $150 will be relatively close to the break-even line.

is this black swan/ perfect storm scenario for bitcoin?

I think there is the potential for a perfect storm scenario, however, I would not necessarily bet on it for right now. I highly doubt we're going to go sub $300, and I have a feeling it is going to be fairly consistent at the $400 range.

jjoorriissjjuuhh

full member

Activity: 125

Merit: 100

I will never switch from BTC anyway.
Everything else holds no value. Because the value is made by the people believing in it.
If almost everyone believes in a quick profit the coin is really really bad.
I and many others believe BTC can really make it into this world.
Not for quick appliances but it lends it self perfectly for a lot of online services.

BTCdoaA

hero member

Activity: 910

Merit: 500

watching this post to learn and gain more experience from professional market traders
Thanks for bring this UP i like both eth and BTC but as little as i know every thing is possible in a digital world who would know BTC will reach 700-400 usd in 2011

Topic: To everyone converting BTC to ETH - page 7. (Read 8872 times)