[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vp / vr / w / wg / wsg / wsr / x / y ] [Home]
4chanarchives logo
Ethereum
Images are sometimes not shown due to bandwidth/network limitations. Refreshing the page usually helps.

You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 237
Thread images: 27
File: 1391556434385.jpg (1 MB, 2918x1915) Image search: [Google]
1391556434385.jpg
1 MB, 2918x1915
Can we have a non-shilling/ fact base discussion about his ETH..

Clearly lots of shilling going on... I just heard of ETH a couple of days ago here in biz. So I don't really have a fucking clue if it is good or not..

From what I can see in the price chart, it looks parabolic... Is this a pump and dump or is there a real benefit over bitcoin?

How do you even buy this coins? (Not implying that anyone should go an buy it. would not buy right now my self as it is looking parabolic to me...) But I am still curious..

Looking forward to hearing from you guys... Shills can fuck off!
>>
>Just checked the price, had lost 11.66%... Quite volatile
>>
>>1137164
Every coin is pump and dump because there's no legitimate use for them, aside from buying drugs. Anyone who says otherwise more than likely is the type of person who's dumped thousands into the shit and is going to have a conflict of interest. Maybe one day coins will have a legitimate use, but for now it's all just fugazi.
>>
>now -12.38 %
>>
File: yo.jpg (107 KB, 858x476) Image search: [Google]
yo.jpg
107 KB, 858x476
BUY THE DIP!

But which one? It's like 1 big dip anymore.
>>
http://www.coindesk.com/toronto-stock-exchange-moves-toward-blockchain-with-ethereum-founder-hire/
>>
>>1137216
>http://www.coindesk.com/toronto-stock-exchange-moves-toward-blockchain-with-ethereum-founder-hire/

Very interesting... Thanks for that!
>>
>>1137164

ethereum is what the Internet was meant to be

http://youtu.be/j23HnORQXvs

time will tell if it catches on
>>
>>1137174
All shitcoins just act as a currency, ethereum actually has its uses cuz of turning-complete
See list of dapps in development
http://dapps.ethercasts.com/
Even if its main use if just for buying drugs once a decentralized dapp market like safemarket gets released the price is sure to take off since that would be a better alternative then the silkroad type markets and slow bitcoin transactions
>>
How does one go about buying this coins? is there a noobs tutorial?

I got cucked by Bitcoin, I could have bought at $30 but didnt think much of it... Bought a tiny amount of Panda coin, cause I had a feel it was a pump and dump and surely was... This is looking interesting, however still concerned of the whales dumping their coins and fucking everyone over.
>>
>>1137226
So it has uses. That doesn't mean in any way shape or form that it's going to rise in value any more than it has, certainly nothing like bitcoin did.

It doesn't mean it won't rise either. But if you're betting on this, you're gambling on something that is not even close to a sure thing, no matter what the shills say.

>>1137227
I refuse to believe you're anything but another shill, sorry.
>>
>>1137231
I bought about 120 fairly cheap ($~2) and am just going to hold to see if it goes to the moon. If it doesn't, it was an amount i was willing to lose. If it does then I'm glad i went along for the ride. That's just my take
>>
>>1137231
Dude if I was a shill, why would I say the graph looks parabolic? When I see a parabolic move I see an upcoming crash...

I am interested on the coin, does not mean I am going to go and buy nor would I suggest anyone to do so without doing due diligence.

I am interested in decentralize currency, just dont know much about crypto... the only thing I own is some Panda coin, which didnt go anywhere.


What do you think gave bitcoin such big push?
>>
>>1137231
Do the math
Bitcoin has a total supply of about 15mil and is worth $420 USD, Ethereum is at 77mil
I think its going to be bigger then bitcoin
>>
>>1137233
Why not sell some now? You have made huge gains....
>>
>>1137241
Wouldn't be the opposite, be worth a bit less because there is more of it?
>>
>>1137241
There are soo many things that can just completely derail the train. And even if etherm ends up some kind of success, why does that mean it has to have the same valuation per coin as bitcoin? Etherm's not a currency, right?
>>
>>1137240
Ignore those person.
There's too many shills around that people can't figure out which is which anymore.

will ETH be useful one day? Probably
Will it be near future? No
Then why is it so expensive now?
>this is just my guess, it's as good as any.
Bitcoin dropped to 380 few days ago, and ETH had been shilled around, so people jumped ship.
Bitcoin is now back to stable 415, so ETH is being dumped now.
whales are pushing down the price so they can hype up the "muh homestead release" and make big bucks then leave the scene once it's done.
So, you are still in time to make a final pump and dump in the next few day.
Then ETH will stay low until there's major news/updates.

Just a question of myself to the "Pro" around.
Why do you think ETH will go to the moon?
if ETH was meant to work as a fuel, people would only use it if the price is stable.
And if it's $9 today, and $15 tomorrow, why would people still use ETH?
and if one ETH is $1000, why would people get the expensive fuels?
>>
>>1137246
The point i'm making is that its undervalued if it were to be bitcoin big
There are 5x more ethereum so divide 420 which is bitcoin price by 5 and you get about $80 per ETH
>>
>>1137248
It can be used as one, bitcoin isn't doing so great right now with its over an hour long transaction times, blocksize debate, etc.. mostly caused from a lack of leadership and greedy chinese miners.
>>
>>1137254
and the point I'm making is that it's possible that the more legit successful and recognized as a useful technology etherm becomes, the less likely it will be any kind of get rich vessel.

But the dream of how it's going to be a bitcoin like bubble is behind every shill's lying words.
>>
>>1137251
>expensive fuel

My take on this, is that the fuel cost will scale with the cost of ETH.

So lets say ETH cost $10 each, fuel might cost 10 cents (just an example).

If ETH rose to $100 each, fuel could decrease to 1 cent to compensate.

There's no reason this can't happen.
>>
>>1137244
I'm considering (and probably will) sell enough to cover my small initial investment then ill just ride it out.
>>
>>1137264
do this. yes. but wait until the 14th to do it.
>>
>>1137259
Don't see how you could not think the price would go up if it becomes really successful
You can invest your money however you want tho, i'm already up 10k+ profit from buying some. Not cashing out cuz I think it has lots of potential
>>
>>1137264
Free riding, I would do the same...

>>1137263

So what is the go with the fuel? what does it mean, what does it do? Is fuel the same as inflation?
>>
>>1137267
At what price did you get in? What was your initial investment?
>>
>>1137271
Holding on 1100 eth atm worth 15k CAD
Bought half of it at $2USD and the other half around 4
>>
>>1137278
That is awesome... how long ago? how did you find out about ETH in the first place?
>>
>>1137278
Also, how do you go about buying them? remember a noob here to crypto... Is there a way to short this coins?
>>
>>1137281
/biz/ has been overrun with ethereum threads for over a month since it was under $2. Been following crypto for a while tho and missed the bitcoin train since I didn't have any money to invest then.Didn't want to miss out this time and ethereum is the only altcoin that looked like it had potential with the technology, team and hype behind it
>>
>>1137285
I knew about bitcoin from like $30, still hurts lol...


How do you buy this coins? More importantly, how easy is to sell them?
>>
>>1137268
Fuel is what's required to run dapps (decentralized apps).

Think of it like having to pay for electricity to use your computer.

You are paying other people (who run the blockchain) to run your dapp.
>>
>>1137283
There isnt really an easy way rn, can setup and buy/sell directly on kraken exchange or try buy bitcoins from somewere like localbitcoins.com (usually expensive) and convert to eth with shapeshift. You will usually have to show an ID unless u use a bitcoin atm or meet someone irl
>>
>>1137289
Right... And can anyone create dapps? or is that for the creators to make money?
>>
Do you think it will be too late to buy in at the end of the month?
>>
>>1137289
Why is it required? Does it actually do anything?
>>
>>1137297
Anyone can make dapps. The question is how are you going to make a healthy business model that can't be easily copied.
So let's say you make a casino dapp and the payout is 90%, then someone else might come and make a payout system that is 95%.
From what I understand of the system is that everyone can see the backend.
Can anyone confirm this and does someone know if you can see or request the code that was written in the blockchain?
>>
>>1137297
it's like tcp/ip or the Internet. can anyone use those? yes

>>1137309
because you're utilizing other people's resources (their PCs - nodes on the ethereum network) to run code and store data for you
>>
>>1137297
yeah anyone can make them and...

>>1137333
AFAIK you can check the operations that will be performed by the contract (there's tools to check that a dapp on the chain will do what it says it'll do and not something else) but it's up to each developer to publish the source code to create it. Anyways the most useful dapps will probably be relatively simple to program and will be open source. Some of the most famous dapps are only a few lines of code (e.g. Slock.it)

>>1137309
gas is required so that executing programs will not run forever. Say you make a "dapp" that makes an endless loop of calculations. So now you've got all the network spending resources to make it run forever... Not anymore if every processing step costs you some gas.
>>
here's my opinion

BTC has been losing value so cryptospeculators dumped it and switched to ETH because of the hype surrounding it, thanks to their relentless pumping ETH has experienced an astonishing growth during last 30 days and reached its value ceiling at impressive 12$

one of the cryptokikes decided to dump at 11.50$ more than a week ago causing the fall to 8.90$ but most decided to keep pumping and milking newfags who bought into the shilling and hype (I nearly did too before thinking it through) so the value reached 12$

we're in the last phase of the pump where some are dumping a bit to lower the value to 10$ and make newfags think its the DIP
>>
ETH will be worth $100 soon. The chinese are starting to get on board and they want a lot of ETH. Bitcoin is going to be sidelined
>>
>>1137367
your analysis is simplistic and doesn't take into account that many exchanges are rapidly trying to add ethereum to get some of them sweet fees. this along with other news will continue its long term growth. the roadmap for ethereum is long and ambitious so barring any major disaster it will keep growing over the long term
>>
Vitalik and co have been touring China recently getting Chinese VC money, and the next Developer conference (ETH developer conferences are the largest in the blockchain world) will be held, probably in Shanghai, in November.

Once the Chinese crypto scene gets a grasp of what Ethereum is the price will go bananas and bitcoin and other shitcoins will be left in the dust.

The time to speculate on ETH is this time right now. The next few months will be the making of future crypto millionaires.
>>
>>1137375
I think the biggest problem in my point of view is how difficult it is to buy and sell this coins.. If they made it easy for the common people, it would attract more people to the market.
>>
>>1137382
It's not hard to buy, you're just mentally disabled. The barriers to entry for crypto are far lower than traditional stocks and shares. You don't even need to own a bank account. I'm afraid you're just a retard or too lazy to navigate simple websites.
>>
>>1137382
it will be easier
some guy postet a video of a ether atm
be glad it's still kind of "hard", at least for normies/wageslaves, because that means there is a lot of profit to be made
>>
>>1137389
here's the video https://www.youtube.com/watch?v=cdLZMbafvuo&feature=youtu.be
>>
>>1137393
that looks pretty sweet!
>>
File: image.png (15 KB, 320x208) Image search: [Google]
image.png
15 KB, 320x208
Ethereum will be the thing that takes blockchain technology to the plateau of productivity.
>>
>>1137398
your blatant shilling will have a reverse effect from what you want
>>
Is there a way to trade this coins? as in shorting or going long...?
>>
>>1137403
Your attempt at reverse psychology will only cause me to shill even harder. In fact I had other plans today but instead I will shill ETH constantly in multiple languages on multiple forums for the following 12 hours
>>
>>1137358
>gas is required so that executing programs will not run forever.
This is one of the reasons why I think it won't reach the price that bitcoin has. The price needs to be accessabel for the majority of people, including low-wage countries as India for example.

>>1137369
I don't think bitcoin will be dropped instantly in china as the majority of the miners are chinese.

>>1137375
And this is also something which I find hard to wrap my head around.
At this moment if I were to have an anti-chinese government website the government would be able to make it so that people were not able to view the website.
With Ethereum, they would have no control as everything is decentralized so banning a specific website would become impossible.
There is no way the chinese government would accept that.
>>
>>1137411
why? dumping soon?
>>
>>1137415
He never bought.
>>
>>1137367
That sell wall was prob vitalik dumping a bunch like he said to fund future development and some buy protein power, shot right back up fast tho. This is no pump and dump, no shitcoin has ever gotten this much trading volume compared to bitcoin ever, you will always have your day traders but most people are in it for the long run
>>
>>1137415
Why would I dump? ethereum holders are the most confident holders of any coin. There is huge potential for massive growth. Ethereum has ZERO competitors worth a damn. It is the market leader in technology, business networking and the DEV team is one of the most well funded and respected in the whole industry.

For ETH holders the future is looking very rosy.

Bitcoin development on the other hand is a clusterfuck. Bitcoin has a terrible reputation among the general public as a coin used by terrorists and pedophiles. Which is not an entirely inaccurate characterisation.
>>
>>1137425
And you don't think that pedo's and terrorists won't make use of a decentralized platform?
>>
>>1137427
Perhaps they will. But pedophillia and drug pushing is built in to the very core of what bitcoin is.

Bitcoin markets itself as a tool for purchasing child pornography, hard drugs and money laundering. This is why the general public finds bitcoin and bitcoin advocates repulsive and rebarbative.

Ethereum is marketed as a decentralised platform for smart contracts a financial tool and a indestructable world computer and application platform.

Bitcoins price and adoption is thusly hamstrung and in decline and Ethereum is ascendant.
>>
I tried using the wallet from the official website, but it crashes on win 10. Anyone else having that problem?
>>
>>1137427

do your homework anon. you are arguing the same way as my 50 year old mother who calls me on the phone and says ' oh anon oh god my computer is broken there's a box saying everything is fine just click okay. what do i do what do i do???? can i click okay???'
>>
>>1137432
Bitcoin didn't market itself as a tool to buy cp or drugs (ASAIK).
It marketed itself as a decentralized currency. Media focussed its attention on Silk Road like activites because it is something that can be sold to the general public, same goes for TOR by the way.
So if that were the case for bitcoin and TOR, when marketplaces like Silk Road pop-up, ethereum will be placed in the same category as those two.
>>1137441
Seems like your 50 year old mother would come up with a much better analogy and argumentation. You should maybe let her talk for you.
>>
>>1137454
Unfortunately for bitcoin the mud sticks.

Etgereum does not have any of those problems and is looked upon favourably by regulators and the media.

Also ethereum is far more useful to a wider range of industries than bitcoin ever will be.

Ethereum due to it's ease of programbility will disrupt many industries and bring economic benefit to mankind

Bitcoin on the other hand is just a pyramid scheme for bagholders. Supplying no value to those outside of it's system and remains uncompetitive with traditional money transfer solutions. Ethereum outcompetes it even on it's home ground.
>>
>>1137164
This whole thread is a clusterfuck. You cant have any reasonable consversation about ethereum without shills saying something completely retarded. I don't know if the ethereum shills on rebbit are any better but if these are the type of people that gravitate towards this tech its going to crash and burn in a massive way.
>>
>>1137460
>bitcoin is a pyramid scheme!
>ethereum is the same concept as bitcoin only better!
Holy fuck. I don't even think you know what a dumbass you are.
>>
>>1137462
Thats rich coming from a bitcoiner. :^)
>>
>>1137468
>bitcoiner
Nope. Any other retardedly wrong conclusions that you want to post today?
>>
File: wakemeup.gif (112 KB, 255x231) Image search: [Google]
wakemeup.gif
112 KB, 255x231
The whole world is doomed anyways

Quantum computers will replaces all current blockchain tech

Also there is no point in living
>>
>>1137467
I don't think you know how ethereum works.

Ethereum is not designed specifically to make early adopters rich. It is designed as a commons that can be built on and accessed by everyone forever.

There will be perpetual 1% inflation. Unlike bitcoin. this is attractive to normal people who don't have the childish and selfish mentality of a stamp collector like most bitcoiners.
>>
>>1137473
Quantum computers are not magic. They will be unable to break blockchain technology.

If you believe they will you have a poor understanding of quantum computing and the nature of encryption.

It is trivial to design a encryption algorithm that is quantum proof.
>>
>>1137474
You're the one who called bitcoin a pyramid scheme not me. If bitcoin is a pyramid scheme then ethereum is a pyramid scheme. Their markets operate exactly the same way. The fact that you can't see that makes you a complete dumbass.
>>
>>1137480
The fact that you can't see that they are different makes you a dumbass.
>>
>>1137485
>n-no I'm not the dumbass y-you are!
What are you, fucking 12? Get ready for school now Johnny.
>>
>>1137478
>i dont mean "quantum computing" i mean something beyond your understanding
>>
>>1137474
Source on the inflation claim? I thought it was 17 million new ETH per year, which matches the rate of ETH lost per year in like 2130, so decreasing inflation.
>>
>>1137491
After switch to POS in a year or so the inflation rate will be set extremely low around 1%. Just enough to incentivise staking.
>>
Wow, lots of people here don't know what ethereum is.
>>
>>1137557
is there a decent wiki on trading eth you can recommend?
>>
Is there a good way to buy and sell ether without using bitcoin? So far I've been using coinbase and shapeshift, but coinbase takes a week if I don't feel like linking a credit card. I'm looking specifically at converting between ETH and USD
>>
>>1137584
Sell it privately for cash.
>>
>>1137251
Gas prices aren't static and would likely be inversely related to the cost of ether. Ether goes up in price by supply (how quickly it can be mined which goes down as difficulty goes up) and demand (how quickly people use fuel running big applications).
>>
anyone have the ethereum guide for newkiddies?
>>
File: thisguy.jpg (21 KB, 600x300) Image search: [Google]
thisguy.jpg
21 KB, 600x300
>>1137640
yeah lurk some more

its not hard to into crypto
>>
>>1137164

I'd buy BTS and dump ETH if I were you guys.
>>
File: image.png (230 KB, 640x360) Image search: [Google]
image.png
230 KB, 640x360
>>1137653
>bitchshares

No thank u
>>
>>1137664
>Passing out an opportunity to get 1000% gains

http://www.forbes.com/sites/rogeraitken/2016/03/10/bitcoin-3-0-tech-bitshares-built-on-decentralized-conglomerate-platform-surges/

No wonder you're all basement dwellers.
>>
File: image.jpg (124 KB, 683x1024) Image search: [Google]
image.jpg
124 KB, 683x1024
>>1137666
Sounds like a load of old bullshit im afraid
>>
>>1137681

It sure is.

https://azure.microsoft.com/en-us/documentation/templates/bitshares-ubuntu-vm/

Enjoy bag holding your ethershekels.
>>
File: how-to-buy-ether.jpg (857 KB, 1200x2300) Image search: [Google]
how-to-buy-ether.jpg
857 KB, 1200x2300
here's how to buy for those that haven't bought in yet
>>
>>1137720

Only don't use coinbase, use Circle instead. Coinbase has an instant buy limit of $100, whereas Circle.com's is $300
>>
>>1137721
Who would be retarded enough to turn $300 into ethereum?
>>
>>1137938
Say that after a few months again ;)
>>
>>1138022
Why would Ether increase in value in a few months? What makes it any different than every other pump and dump shitcoin snakeoil? What legitimate uses does Ether have? Are big companies going to start using it?
>>
>>1138063
Yes.
>>
>>1138063
https://leaprate.com/2016/03/r3-trials-blockchain-fixed-income-trading-with-40-banks/
>>
>>1138063
Yes, Microsoft certified it. Stop living under a rock.
>>
>>1138063
>What legitimate uses does Ether have?

can you not read all the threads? this thread. the uses are sitting right in front of you.
>>
>>1137164
Can someone who has invested $10K+ into ETH post some proof?
I've invested $300, and I'm willing to invest my $10K savings...I'm still hesitant because I still can't tell if this is a /biz/ meme or not
>>
>>1137254
Look at bitcoin vs ETH in every way. ETH will need to become the new thing in order to be as large as bitcoin, and bitcoin has been immensely successful. You're betting on it being the next Apple or something. Be careful with that thinking.
>>
>>1138117
Never invest more than you can afford to lose, that applies to everything.
>>
I put in 20 bucks for shits and giggles. maybe it'll be a steak dinner one day.
Getting a bitcoin wallet setup was hard desu
>>
>>1138128
Bitcoin was a failure. 6billion market cap after 7 years.

Ethereum should be 100 times that after 6 years or i will consider it a failure myself and im the biggest eth shill in the world.
>>
>>1138132
You should skip the 6 years and consider yourself a failure right now then. Do not get so emotionally invested in another shitcoin. You can make plenty of money on crypto, just don't end up being a bagholder. Every premined currency has a pump.
>>
>>1138135
Dont be so negative about everything. Crypto can still change the world.
>>
>>1138129
This.
>>
>>1138140
Something might change something, but it's my position that anything being shilled here ain't gonna change shit.

Shills jumping on something is like a wet blanket thrown right onto the spark.
>>
>>1138159
>Something might change something, but it's my position that anything being shilled here ain't gonna change shit.

Why not?
>>
>>1138159
You're way too jaded.
>>
File: image.jpg (32 KB, 484x348) Image search: [Google]
image.jpg
32 KB, 484x348
>>1138159
Buy Ethereum it might cheer you up
>>
>>1138132
If Bitcoin was a failure, how the fuck does it still cost 400$ something dollars?
>>
>>1138180
In the grand scheme of things it failed. It failed to achieve it's full potential.
>>
>>1138173
I don't know, maybe cause you shills are so fucking weak. You're like dead weight. Dragging down anything that might otherwise be interesting or cool.

>>1138175
Nah that ain't jaded.

>>1138179
No thanks. As long as I don't buy it, I got nothing to lose, and no reason to convince anyone else to buy it. Unlike you poor souls.
>>
File: image.jpg (55 KB, 422x729) Image search: [Google]
image.jpg
55 KB, 422x729
>>1138204
But you still make the effort to post here about it. Thats nice
>>
>>1138209
I amuse myself.
>>
GUYS. Bull trap right?
>>
>>1138267
nah man, just normal fluctuations. this happened just earlier today. no need to panic yet.
>>
>>1137266
Why
>>
HELL YEAH! YOU DOING IT GOOD BUDDY! KEEP IT UP!

https://www.youtube.com/watch?v=dfSlb7pYLLc
>>
>20.82% gains... This is not going to end well the way this is going.
>>
File: image.jpg (152 KB, 960x960) Image search: [Google]
image.jpg
152 KB, 960x960
Bitfinex added ETH.


It's going to crash UP
>>
File: deth.jpg (89 KB, 500x500) Image search: [Google]
deth.jpg
89 KB, 500x500
Beware.
>>
>>1138443
>AdBlock
>Incognito Mode
>Chrome
Prejudices against ETH shills are justified. Plain idiots.
>>
>>1138716
>getting cucked my advertisements is a sign of intelligence
>>
>>1137226
>all shitcoins are pump n dump except the one I invested in because buzzword buzzword buzzword buzzword
>>
>>1138729
M8 he means you're using the wrong ad block you moron
>>
1 BILLION MOTHERKEKERS

x6 AND IT IS SIZE OF BTC
>>
>>1138764
and yet somehow it's less than 1/30th the value of bitcoin. maybe it's going to work in a completely different way than bitcoin i.e. no moon.
>>
>>1138773

it has 7 times as many "coins" as bitcoin.
>>
>>1138729
>>1138716
>>1138757
>not using ublock origin or umatrix
smfh when people do this
>>
is there any ETH based tor drug markets? theoretical question
>>
>>1138757
>>1138787
Does the same shit, no coiners talking shit about what browser people are using while investing in ether are getting thousands of dollars in free money
>>
>>1138833
Soon this will replace the the current ones
https://safemarket.github.io/
>>
>>1138833
>theoretical question

riiiiiight
>>
>>1138874
>normie joke
reee
>>
>>1138773
That's because bitcoin's price is inflated due to scarcity, ETH will get higher and higher as it gets closer to it's limit.
>>
>>1137164
>single threaded blockchain
>known major scalability issues where the current solution is the promise of the delivery of "Casper" which is just a fart in the wind and isn't anywhere near completion
>hardforks everywhere
>pump and dump Jews everywhere with no understanding of what they're shilling
Just stay away

>>1138877
>limit
The limit for ether is 18 million a year on top of the 60 million ether sold in the presale. Do you even understand the purpose of ethereum? It's meant for running applications and smart contracts. These applications require ether to operare. If ether is priced high then what developer is going to put their application on the ethereum blockchain? How many developers have actually put something of substance on the ethereum blockchain? Have fun with your pump and dump while it lasts.
>>
>>1138884

This guy knows what he's talking about. That's why instead of investing on rumors, snake oil and empty promises, he invested in something that actually has use and visibility in the real world. This anon invested in BTS. Be like this anon.
>>
i came in here to see if maybe there was some convincing, healthy reason for the ongoing rise in price, but nope ethereum still looks like complete shit and it seems to just be a speculative bubble that could come crashing down at any given time
>>
>>1138884

>If ether is priced high then what developer is going to put their application on the ethereum blockchain?

why would that stop them? if ether price is higher that just means 1 ether gets you more gas.
>>
>>1138884
>not understanding how ethereum works AT ALL.

>Hurting yourself financially due to your own ignorance
>>
what kind of applications is ethereum suited for? banking, social networks, streaming services? i despise webapps

and how exactly does the payment process work (how does the app developer get paid)? what are the technical details?
>>
>>1138884
There isn't 18 million going to be mined every year, the POS switch will limit the supply soon
Also the cost ethereum rising won't make it more expensive for dapps
>>1138885
He knows nothing and fuck BTS
>>
>>1138897
It's all been worked out. Stay mad and poor.
>>
File: 1450746335309.jpg (33 KB, 412x390) Image search: [Google]
1450746335309.jpg
33 KB, 412x390
who still buying?

it will be 20$ in a week
>>
>>1138900
if it's been worked out, how come none of you can tell me how it actually works? what's with all the smoke and mirrors?
>>
>>1138903
Im a speculator not a computer programmer. I have read and understood exactly how it will all work however because i took the time to find out. Why do you want me to spoonfeed you? Because I won't.
Again. Remain impoverished.
>>
>>1138905
>buy ethereum
>because reasons
wew lad you sure convinced me with those hot opinions
>>
>>1138906
>Buy Ether
>Get money
>Don't need reasons

Wew lad you sure rekt every ETH holder
>>
When is new dip coming? I bought ether for 11.5 a week ago, then missed last 9.5 dip. Now it's at 13.5, surely new dip is coming I gotta get more ethercuck.
>>
File: Capture.png (18 KB, 776x439) Image search: [Google]
Capture.png
18 KB, 776x439
>>1138906
What other reason do you need other than this chart?
>>
>>1138907
this is a giant warning sign, that most ethereum fags are fucking clueless, that a massive selloff could strike as soon as the price dips a bit, because you're all a bunch of sheep with no idea of the true value of your investment
>>
>>1138909
what part of "past results don't guarantee future results" don't you understand fucking idiot
>>
>>1138906
Why do i have to convince you? Either do your own research and invest in Ether, or do nothing and stay poor.

It's that simple pham. I researched ethereum and I'm satisfied it works. You haven't, clearly, because you think it doesn't.

Therefore I am right and getting richer, and you are wrong and getting poorer. The market is working it's magic.
>>
>>1138912
What part of sour grapes and cutting off your own nose to spite your face don't you understand you fucking idiot hahaha
>>
>>1138915
sure is butthurt in here lmfao

you don't even know what kind of risk you're taking. like you said you're not a computer programmer so you can't assess the value of this b.s. piece of software
>>
>>1138913
>The market is working it's magic.
if you know anything about investing you'd know that the market is retarded, and you have boatloads of shills on places like /biz/ telling people to buy into it. sure looks like a ponzi scheme when you feel the need to do all this shilling to get new people to buy into it
>>
>>1138918
Don't judge people by your own standards. I'm not butthurt I'm laughing AT YOU for investing in shitcoins and not investing in Ethereum.
>>
>>1138922
But it looks like I DO know about investing because look at my whopping great profits from investing in Ethereum. While you eat sour grapes for breakfast lunch and dinner
>>
>>1138923
i'm not investing in any cryptocurrency. it's funny how you think ethereum is so much more valuable than other shitcoins because "muh webapps"

instead of getting so defensive about it, why don't you answer my perfectly reasonable question about how it works, maybe post some links or something
>>
>>1138924
and how do you know it's not like when bitcoin was at $1000, in one year you might have lost almost your entire investment
>>
>>1138925
Google.com
>>
>>1138930
kill yourself idiot
>>
this just confirms even further that ethereum is all smoke and mirrors, retarded fucking shills, for all i know it's just a ponzi scheme
>>
>>1138927
I just know. But unlike you I'm informed about my decision.
>>
>>1138938
"i just know" typical brainwashed sheep
>>
>>1138933
wew someone's butthurt he didn't buy in yesterday for 11$

don't worry lad, you will still make great profit if you buy today, just make it before 14th
>>
>>1138927
Why does this logic not apply to all investments made ever? If they want to risk their money speculating on a virtual currency let them
>>
>>1138941
with a stock, you have an idea about the company and they have assets and means of generating revenue and profit

with ethereum you have a bunch of fucktarded spergs gambling on the belief that they can keep on suckering people into buying into it so they can profit for themselves
>>
>>1138940
so it's too late to buy on the 14th because that's when you'll cash out?
>>
>>>/g/dpt hasn't even heard of ethereum

please enlighten them, maybe they can make oh-so-useful applications for the ethereum block chain
>>
>>1138946
no im holding long term but it will skyrocket on 14th
>>
Choose to believe me or not- I work at a large global company and was working briefly with a very senior member of staff, who explained there is serious talk at the top of the impact of blockchain on the financial / accounting world.

Now it's not specific to ETH that the comments were made, but it seems this is the best way to bet on this technology. The public euphoria stage hasn't been reached yet as barely any public know about it.

I'm not trying to shill this coin as I hold only 300 pounds of it. It's just something worth considering.
>>
>>1138951
Thats because crypto is banned on g you massive fedora tipster
>>
File: TO THE MOON.jpg (132 KB, 1885x862) Image search: [Google]
TO THE MOON.jpg
132 KB, 1885x862
TO THE MOON
>>
>>1138963
cant wait for the nocoiners butthurt when it reaches 16$ next week
>>
>>1138897

suited for smart contracts. anything where there needed to be a third party mediator before, now it's built into the contract and doesn't rely on anyone, expect a pre agreed program

app devs get paid like app devs everywhere get paid, eth is just like having an app on a different operating system
>>
File: fucked hard.jpg (77 KB, 475x547) Image search: [Google]
fucked hard.jpg
77 KB, 475x547
>>1138963
literally nothing ethereum-related comes up on google for "ethernet credits" or "ethernet squares"
>>
>>1138991
some bullshit on fucking reddit lmfao

yeah this is the "next big thing" for sure lmfao

https://www.reddit.com/r/ethereum/comments/3h6kql/ethernet_a_completely_decentralized_social_voting/

some fucking random meme startup by some fucking amateur pisskids lmfao
>>
>>1138991
its "ethereum" translated from chinese
>>
>>1138994
so why isn't it mentioned by any western news outlets
>>
>>1138991
Search for 以太坊 and loads of stuff comes up.
>>
>>1138997
Because "ethereum" in chinese is "以太訪". Because the chinese sounds are yi3 tai4 fang3 which sounds like ethereum when you say it in chinese.

Google translate translates it literally as "ethernet square" because google translate is retarded.

Do you even know how different languages work?
>>
>>1139005
if it's serious, large-impact news that should take eth "to the moon" why isn't it mentioned by any english-speaking news source
>>
>>1139011

4chan is a news source.
>>
>>1139011
Because its an announcement on a small chinese cryptocurrency exchange that literally just happened.
>>
>>1138840
>implying nocoiner
ublock really is better though, adblock is a hog
>>
>>1138963
>ethernet square is a young team, at the technical level ETH innovation is also flawed, we incalculable ETH market value and risk. Therefore reminded ETH lovers, pay attention to controlling technology and market risk in the investment
Kek. Since this is poorly translated I'll tell you what it means. That's the ching chong way of saying "this ethereum thing is fairly new and isn't even working correctly at this point and we also can't even really tell what the market value should be or calculate the risk of collapse so take necessary caution if you buy"
>>
File: 1456014633597.png (60 KB, 799x586) Image search: [Google]
1456014633597.png
60 KB, 799x586
>>1139045
top kek
>>
File: www.kraken.com.png (33 KB, 1325x555) Image search: [Google]
www.kraken.com.png
33 KB, 1325x555
Guys, Are we being M-Gox'ed?
Cant access kraken at all.
>>
Will the price drop soon? I want to buy more
>>
>>1137367
It's trading at $13.08 as we speak
>>
>>1139169
It's an integral part of the kraken experience
>>
When is dip coming??? I need to buy more ethercuck, but i don't know when? The bloody price keeps going up. I thought my buy last saturday was bad for 11.5, now it's in 13s. When a good time to buy ether? Reese!!!!! Someone tell me.
>>
>>1139203
right now.
>>
>>1139205
Dip coming right now or buy right now? I feel like it will dip hard any movement now.
>>
>>1139203
>I thought my buy last saturday was bad for 11.5

I bought 49 ETH at 11.9 last saturday. What happened monday? It dipped. I'm seeling 49 ETH right now and I'm gonna guy them back on monday at a better price.
>>
Okay

fine

you got me

I've put 2 more of my BTC into this to add onto the .5 I already did a week ago

Now I am the ethcuck

Will report back on 14th on my degree of buttdevastation when it gets dumped to $5
>>
>>1138884

lmao the amount to run a dapp would scale based on the dollar value of ethereum not just a flat amount of eth. It's just come out and you are complaining there aren't enough apps out already.
>>
>So what I've found out is that every node in the network tries to execute a contract and then the first one gets the cash. That's too wasteful. I mean even if we use 100% renewable energy it's not worth it.

is this true

also someone ITT said it wasn't scaleable
>>
>>1139211
I litterally just sold waiting for the new dip.
>>
>>1138182
yea it didn't reach the moon yet
>>
File: 1361751038000.jpg (77 KB, 960x639) Image search: [Google]
1361751038000.jpg
77 KB, 960x639
>>1139169
Just feverishly click reload.

Works after a while. After all, you have to manage that $50 dollar investment.
>>
>>1139467
I will never ever buy etherm. But you true believers can send me some if you want to spread your 'wealth and information'.

0x8361e66d852e33470ecd5826a3989985a641cee3
>>
>>1139467
How much have you made from that circle referral link?

Not mad, just jealous. I wish I had thought of it.
>>
>>1139477

nocoiners say the darndest things
>>
>>1139522
If you put some coin there then I won't be a nocoiner now will I? I'll be one of you, finally.

Come on crypto jesus, save my soul!
>>
Turing-complete doesn't imply usefulness

If you want something to perform, you'll have code running on an actual platform instead of scripty shit.

If you're not making a program to do shit fast, you're probably going to want to have the program make API requests and network connections and shit. Can Eth do that? It's isolated to a little tiny-ass sandbox right?

What real-worldish examples of Eth programming are out there?
>>
File: xcj5uu.jpg (26 KB, 480x342) Image search: [Google]
xcj5uu.jpg
26 KB, 480x342
Guys,

I make 2nd deposit of ETH (Hex method) at kraken to the same address. It's been 10 hours and it's not being deposited, not even showing at the deposit page.

Am I doing something wrong? I can deposit BTC to the same address just fine, I've emailed support but still no replies.

Am I fucked?
>>
File: rncc5OWi_400x400.jpg (16 KB, 400x400) Image search: [Google]
rncc5OWi_400x400.jpg
16 KB, 400x400
>>1139706
we got you. all of this ethereum shilling was just a scam to get you and your money.
>>
>>1137398

>tfw this could've saved me from investing in 3D printing
>>
>>1137462
That was a lot of hot air. Perhaps you should have actually said something?
>>
Excellent thread op! Finally someone was able to start a decent conversation about it.

>The thread where bears meet the shills
>>
>>1140111
I agree, probably one of the best threads I have seen in biz.

I am waiting for the dip, but the bubble is strong! Fuck people are regarded to think it is just going to go up and up..kek
>>
File: onesmallstepforman.jpg (301 KB, 667x850) Image search: [Google]
onesmallstepforman.jpg
301 KB, 667x850
>>1140111
>>1140118

>Dat ID
No coiners confirmed to be retarded newfags
>>
Do you guys it is going to crahs soon or just kepep on going up?
>>
>>1140200
Yes
>>
>>1137164
These eth shills have Ben telling us to buy since 80 cents,2 dallars,5 dallars. I guess it's hard to genuinely believe that people want us to get free money... fuck is it to late? How high will it go?
>>
>>1140213
Put in money you can afford to lose and find out.
>>
>>1140213

I exposed myself for $1000 yesterday >>1139219

Now I'm up to $1100

Skimming that $100 off and staying in
>>
>>1137721
>never head of circle, I wil have to check it out
>>
>>1139562
this

shills have no clue about the technical details

fintech companies use their own block chain stuff, not eth

eth is garbage
>>
>>1139426
You have no fucking idea what you're talking about do you?
>>
>>1140348
neither do you apparently

it's a perfectly reasonable question, the greentext is what anon wrote, and i'm just wondering if it's true or not
>>
File: ETHredpill2.png (202 KB, 1104x876) Image search: [Google]
ETHredpill2.png
202 KB, 1104x876
>>1139562
ETH shills can't take the redpill
>>
>>1140372
I don't understand this, can you explain it?
>>
File: vitalik_buterin_1391981290_85.jpg (68 KB, 612x445) Image search: [Google]
vitalik_buterin_1391981290_85.jpg
68 KB, 612x445
>>1140372

explain this shit. im not a fucking genius developer who is also learning gook language for fun
>>
>>1140440
>>1141044
he's mainly saying that eth being turing complete presents potential severe security risks. if something is turing complete it means that it can do any computation, anything a computer program could do. it might be exploitable by thieves and whatnot. also the last two sentences of the reply should be self-explanatory.
>>
>>1141059

sooo TC has to do with the transparency of ETH and he is saying that you do not have to work with the same transparency in BTC? Transparency being bad due to monetization problems of Dapps?
>>
fake or not, there's literally no reason not to take a gamble with money you're okay with losing.
2 bad my mom won't buy me eth
>>
>>1141086
i'm not sure what you're saying but i think you've misunderstood. with bitcoins there are constraints, like having a monkey in a cage, the monkey is limited in what it can do. anon is saying that with eth it's like having a monkey running amok in your house and you have to trust it not to fuck your shit up, and it might escape with your money and fuck even more shit up with your neighbors and the rest of the world.

>>1141161
losing money is always bad. if you believe in eth then go ahead but there are other ways to get a risk-reward kind of deal like on the stock market or with running your own business.
>>
>Massive drop..... Let see if people freak out and start to sell out
>>
>>1141419
a drop from $15, still high compared to just a week or a month ago
>>
>Can we have a non-shilling/ fact base discussion about his ETH..
Op was a faggot as usual
>>
>>1141943
How was I a faggot? It seems to me this thread turned out fairly well balanced....
>>
is it happening? it went back up to $14 and bounced back down. short-term trend is down (lower high and lower low)
>>
>>1143157
Its all fucked. A house of cards built on hype. Sell everything!
Thread replies: 237
Thread images: 27

banner
banner
[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vp / vr / w / wg / wsg / wsr / x / y] [Home]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
If a post contains personal/copyrighted/illegal content you can contact me at [email protected] with that post and thread number and it will be removed as soon as possible.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com, send takedown notices to them.
This is a 4chan archive - all of the content originated from them. If you need IP information for a Poster - you need to contact them. This website shows only archived content.