At what point are you going to realise you should have invested in Ethereum /biz/?
at what point should you have realized to buy xem
>at what point didn't I realise I shouldn't and haven't?
xem will be one dollar
and i will be rich
IS IT TOO LATE TO GET IN NOW???
I DON'T GET PAID FOR ANOTHER WEEK
So what the fuck happened to bitcoin? Is the future going to be people constantly switching crypto coins every 5 years like retards? More coins that come out the more stupid this shit seems.
No, the only things getting more and more stupid every 5 years are nocoiners.
The dream of cryptcurrencies has been crushed.
Nobody buys them thinking "this will be the future of money" anymore. Now people buy them thinking "I'll sell it in a month when it's worth more."
Only the uneducated.
It is a high possibility that out of the melee of the cryptocurrency scene a new world currency will emerge.
Currently, Ethereum is the most likely candidate in my opinion.
Anyone mining this one? I'm mining until DAG is too much for my 2GB cards. Have 6 R9 270s mining at about $9 USD a day. Free heat while it's cold and calculated it to about $37 a month in electricity.
Please keep shilling. Thanks.
I bought 20k USD worth on Jan 28.
So far it's looking like it was a pretty shitty decision.
The latest hump didnt exceed either of the previous ones, which isnt a great sign.
Thinking of bailing.
They're two different things.
Ether isn't a replacement to bit coin.
It's not like some cunts decided one day, fuck bitcoin let's make ethereum which is the same thing with a different name and try to pump and dump it.
Ethereum seems to have an actual purpose in that it represents potential computing power on the ethereum network.
Ie: Ethereum lets you program things and put those things you program ON the ethereum network. The Ethereum network is basically unshutdownable, a decentralized computer.
There's a load of applications for it.
Previously we had to have websites that existed on WWW or TOR (Like silk road) where the currency was bitcoin. The websites themselves could be compromised.
In this case the WEBSITE ITSELF exists decentralized. It becomes incorruptible, and eternal. Nothing short of a world wide solar flare screwing up the entire net can take down a ethereum version of Silk road.
And if that's the case... wouldn't you like to buy some real estate in this new eternal webspace?
That's what Ether is. It's real estate or the ability to deploy programs onto this global computer.
The masses don't quite understand that yet, which is why prices are low. But as the dapps get made, and fox news catches on about a "New dangerous internet phenomenon" and starts showing vans exploding, and certain apps rise into the stratosphere.. the value for each ether will skyrocket.
So if you can write programs within Ethereum, are all elements of the program exposed? Say if I wanted to make a poker game within the currency itself, it wouldn't work would it? Because both sides can see transparently what is taking place (know each others cards)?
I've never bought autismcoins before but I've got spare cash and why the fuck not.
I live in the UK, I tried to buy bitcoins before but nope'd when the exchanges asked to see my fucking ID scan. How can I buy this shit anonnymousely or just with PayPal?
It's going to work well for in-game currencies, baking transaction fees into trades on sites, good for anything you could consider having a fee attached to or exchanging money for a service. I think it has a lot of utility, we just have to see how well it catches on.
And Bitcoin is the only network that's strong enough (stronger than all supercomputers combined) worth investing at. Also no other cryptocoin will take Bitcoin's lead because it will always have the edge of having survived for a longer time.
How would Ether really be useful?
I like the resilient system of decentralization, and how it would kind of work like how Bit Torrent does currently. It kinds of seems like WHAT the content is will determine the value of ether alot..
-An enhanced liveleaks
-A better betting platform where people could bet on anything under the sun
-Objects that can track history
-A network that can handle the entire worlds search queries, instead of relying on a single point of failure like Google search
..are kind of practical and neat, but I think:
-POS terminals using Go cards, interac /cc flash at things like bus fare boxes, bike locks etc,
-Automation of creating business contracts
-The Internet of Things
..really are not overly going to make things much more convenient, and may be of a detriment. I also don't see how the IoT will overy benefit the average consumer where almost everything as of now can be controlled by iPhone apps, while you sit on the couch!
I'm pretty divided on ETH. Am I missing something critical here?
Oh I'm also this guy >>1079900 in the other ETH thread btw
False. I bought Bitcoin in 2011-2012. I sold it like an idiot in early 2013.
Tried to get back into it since I still have a little bit, but have decided that the entire community is toxic. Going to hold right before the block rewards halve and then sell what's left.That is if the autists in Bitcoin Core don't run the fucking thing into the ground by then.
Six cards, each costing around ~140$(eBay prices), producing an average of 7.50$ a day. If 1/3rd of that is electricity, then your net profit is 5$ a day. Sounds like a great investment! Put down ~840$ upfront, rely on magic pixie dust snake oil, which is a pump-and-dump scheme like all the ones before. Sounds like a great plan.
Did you know that you can actually get better ROI by buying chinkpads and scamming /g/tards?
If you aren't a shill that is regretting his investment, explain why Ether will be useful. The anon you replied to has made great points. Why should 99.9% (or anyone that has a net worth high enough to influence a currency) of the population care about this currency?
Ether doesn't seem to offer anything that will change the world in any way that other technologies/currencies already do.
Actually, no. The cards have been mining since 2014. Scrypt and X11 mining paid the system off long ago.
Pay about $0.05 per kWh. Miner accounts for about $30 of my $85 a month power bill. Generates decent heat in the winter so furnace runs less frequent.
These cards aren't worth $140. Not even close.
Did you know you could see better if you pulled your head out of your ass?
It's the same as with all other crypto-currencies. *If* the whole world(the normies) accept our vision, then we're in business. I cannot stress and emphasize the "if" enough.
It is basically relying on the assumption that if you really, really, really want something, the whole world will hold hands and make it happen.
i did. when it was nearly twice the price it is now.
if i do buy again, it'll be at around 400k. 300 maybe. and yes, it fucking will hit that price again. believe it. this hype won't last forever.
Stop the shilling, you're making me feel like pulling out my ETH.
I realy hope the whole 'independant network' thing with Ethereum as it's currency isn't to farfetched personally i think the bitcoin was a succes because it was somewhat anonymous, and was great for laundrying cash and purchasing things on silkroad
I have quit this scene over a year ago. It's hard and expensive to get in touch with the whales nowadays, they literally control the pump and dumps from 0 to 1. Even after you have become quite skilled in reading the market, you will make losses unless you're in touch with the whales because those chinese fuckers can be smart as fuck. I have made lots of profit back in the days but later on I just wasn't able to keep track of the whales, despite of my experience. Another really bad thing is that the crypto market literally never sleeps. If you're bored and got some little money to throw away, keep playing but I expliclity advise you against taking this whole thing too seriously.
my two cents..
No chance. VB just announced Devcon2 will be held in China this autumn.
Oh really, but at least i can buy literally anything with the USD. also if i convert to other country backed currencies, i can convert back to usd. It says more about a currency when it is backed by the most powerful nation then when it is only backed by a small european man.
>Ethereum seems to have an actual purpose in that it represents potential computing power on the ethereum network.
DUDE ETHER IS A FUCKING SCAM. IF YOU ARE STUPID ENOUGH TO BUY INTO THIS PUMP AND DUMP YOU DESERVE TO LOSE EVERYTHING. NO ETHER IS NOT NEW OR UNIQUE. ALL THE "PROGRAMMING" GETS SAVED TO THE BLOCKCHAIN AND WILL BECOME TOO LARGE/COMPLEX TO SCALE UP TO ANY SIGNIFICANT SIZE. THIS IS A TRADITIONAL PUMP AND DUMB WHERE THE SHILLERS SAY HOW NEW AND NOVEL A BITCOIN RIPOFF IS IN ORDER TO GET RIPPED OFF.
YOU HAVE BEEN WARNED.
>Hurr. I happened to be right by coincidence.
>I predicted the markets, thus genius.
Said every trader, ever, before losing everything eventually because his prediction was governed by the forces of chance.
>website itself exists decentralized
That;s great for things like journalism, liveleaks, silkroad etc. But for the larger web at large, where is the real value of decentralization? Social media sites, or other websites that are completely legit, kosher and are of no target politically (ie a good portion of them) and most people really don't seem to care too much. Because the system works as it is right now. Unless we had a windows 10 style forcing of ether down people (normalfags) throate they probably wont see the value off the bat
This is a legitimate point, but I don't know much about that area, so I don't want to say anything
Isn't the total playerbase of LOL, CS:GO DOTA2 TF2 only about 150 million people max? Would this really make a big dent in the scheme of things? I'm assuming the benefit would be a universal game currency here?
Are you the guy who told us on /pol/ about your revenue from shitposting? and that you make about $14 an hour doing it?
When do you think the dump is going to hit?
ITS ON THE DOWN
PUMP IS OVER WE DUMP NOW
WE DUMP NOW
>it's already back up to $3.51
3 HANDLE IS SOLID
3 HANDLE = SOLID
Above $3 is the NEW NORMAL