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Last Chance to hop in on Ethereum, boys.
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You are currently reading a thread in /biz/ - Business & Finance

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Last Chance to hop in on Ethereum, boys.

Next stop is the moon.

Imagine how it'll feel to have made millions effortlessly with all your /biz/ bros
>>
>>1086192
no thanks breh i'll pass
>>
bought earlier today

What is a realistic goal for ETH and when do you expect it to reach that level?
>>
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>>1086192
>>
>>1086195
I'd be shocked it if doesn't hit double digit USD value this month.
>>
>>1086192
how much is it going to go up by? how much do I need to put in per million to get out? I don't have a lot to spend
>>
>>1086203

buy what you can, desu

whatever you can spare without stressing your lifestyle
>>
>>1086199

What about longer term? What's a realistic max?
>>
>>1086209
He doesn't know you idiot he's just trying to get people to buy this shit

He might as well say "I'd be surprised if it doesn't $15.23 by March", it means nothing
>>
>>1086215
>>1086194

SALT
A
L
T
>>
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>>1086203
>how much do I need to put in per million to get out?

I have no idea. But you're looking at a reasonable 150% return on your money in near future.

>>1086209
I honestly couldn't say. But judging from the absolutely massive long term impact the stuff has, I wouldn't rule much out.

When finally launched, Ethereum will allow for a more user friendly version of the dark net- perfectly anonymous and essentially immune to oversight. Quite likely legal too.

Exciting times
>>
>>1086217
>>1086218
Why do you keep creating these threads?

You have an "official Ethereum thread", can you just keep it in there?
>>
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>Tfw spending years shitposting on a Malaysian dress embroidery forum will finally make you richer than your wagecuck friends
>>
What is the fastest and easiest way to buy it?

Can I put it on my credit card or is it considered a cash withdrawal by the bank?
>>
>>1086230
I'm actually new to the board. Just have been doing a fuckload of research into the stuff lately.

This is more than Bitcoin 2.0. It's gonna be big.

And nothing would make me happier than for my fellow outcasts to get rich too.
>>
>>1086247
So just keep it in 1 thread.

There's more than 5 threads about ethereum, is it really necessary?

>This is more than Bitcoin 2.0. It's gonna be big.
Yeah yeah.PND and DOGE already got big amirite?
>>
>>1086247
>tfw waiting for approval on Kraken

I would cop if I could, you think could spare me some?

0xce10c17084968d729238123f4ea2d5a52255e620
>>
>>1086252

All other *coins were literally memes, especially DOGE of course. Bitcoin and Ethereum are the only things that matter. Bitcoin is still rather high in value despite silk road being gone, there is still trust in the technology, I have seen lately that ETH is the next step of the evolution. I've been very wary about putting money in it. After research it shows itself to be a potentially massive thing, but only if the autistic developers can even fucking market it properly.
>>
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>>1086192
>Imagine how it'll feel to have made millions effortlessly with all your /biz/ bros
>tfw can't buy in yet because still waiting on btc exchange bank verification
this is the worst feel
>>
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>>1086252
>DOGE
>>
In the long term each Ether could be worth 10's of thousands.

They've solved most of bitcoins problems when it comes to scalability and the economic model is far less pyramid schemey.
>>
Bought 594 @ 0.0056
TO THE MOON BAYBEEEEE
>>
>>1086274
How do they get around the problem of the block chain becoming excessively large?
>>
>>1086280
594 ETH? Do you just buy every cryptocurrency that comes out?
>>
>>1086290
oh 0.0056 btc. nevermind.
>>
>>1086287
Why would it? You dont store data on it
>>
>>1086293
It's a record of all accounts and transactions. More transactions = bigger block chain.
>>
>>1086303
something something smart contracts. Someones working on it
>>
>>1086287
the put it in a .zip
>>
>>1086287
Off the top of my head, its something like;

Bitcoin uses really large block sizes or something. And the developers refuse to admit its a problem and fix it.

It's gotten so bad that Bitcoin has terrible congestion, and transactions can now take over a day to process.
>>
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>>1086192
assuming you had 5k to spend on it ...
>>
>have a wallet with 2BTC in it
>was going to change them for ETH two weeks ago
>couldn't remember the password
fuck it all
>>
>>1086192
Nobody ever told me where to buy it and searching isn't helping so gg.
>>
>>1086261
There's plenty of darknet markets other than Silk Road. Vacuum has been filled.
>>
Market keeps going down, people panic sell, but are mostly late.
Want to 'make up for' losses.
Hear about eth, see bitcoin 2.0 hypetrain, pump cash into eth,
What happens then?

I know its probably shit logic, but then again im a shit poster
>>
>>1086507
Does your mother still cut up your food for you too or are you still at the breast feeding stage?
>>
>>1086252
>>1086268
hey now i made $10k off DOGE, had the good fortune of mining it on day1 for shits and giggles with my GPU.
>>
>>1086502
could have had at least 3btc by now..
>>
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>>1086531
Here this, ether was the first mega pump dump

it will correct back to 300k satoshi

>praise jesus

buy xem
>>
>>1086263
dont worry bro. although that sucks, you'll still make a killing if you get in any time within the next weeks.
>>
>>1086554
Xem is dropping though, not buying now
>>
>>1086531
>How to buy Ethereum
>Just do it lmao
>Ethereum website
>Just have a wallet lmao

Fuck it.
>>
>>1086584
Wow how do you even get up in the morning and make it through each day, everything sounds so difficult for you.
>>
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I'm poor as fuck, got about a 100 bucks in college money invested, can I still get in more in about 2 weeks?
>>
>>1086618
of course you'll still be able to get in. Won't be able to buy as much, but you'll still be able to buy an ether or two
>>
How do I buy?
>>
Good morning gentlemen
>>
>>1086268
believe it or not but there's money to be made with DOGE
>>
>>1086630
If ether price retracts at all the profits will go to doge. Its well known that ether and doge are best buds.

Doge is diesel to ethers petrol.
>>
>buying at top
Idiots
>>
What is the actual use for this shit except bag holding?

Where is Ethereum actually used?
>>
>>1086631
there not stupid lol they pumped dodge already in preperation
>>
>>1086631
I notice how ETH has impact on a number of alts, not DOGE specifically, i'll keep it in mind
>>
>>1086632
People have been telling me that for weeks now, and still it's been all profit
>>
>>1086640
And when doge is pumped the ether whales take profits and use them in the next leg up in ether.

So far this is like clockwork.
>>
>>1086644
Doge is ethers litecoin.

Doge will be the first coin to become a ethereum token. See: 'dogethereum'
>>
I first hated the shilling on here but this is a good opportunity to cash in for those like me who missed their chance with bitcoin.
>>
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>>1086261
>All other *coins were literally memes, especially DOGE
Dude.
Dogecoin will be the Silver to whatever the fuck ETH is.
Due to it's fair distribution and large user base and stats confirming that it is the only altcoin that seems to be used as an actual currency.

LTC confirmed for boring and death a long time ago.
Ripple confirmed for Botnet.
Dash confirmed for shady instamine.
>>
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>>1086649
>>1086650
fuck me. wish i knew that a bit earlier, sold every single bit of DOGE for 0.00000039 literally right before the pump - figured it was dead and gone
>>
>>1086656
Just buy ether
>>
>>1086634
look up "GAS" in relation to ether
just google "What is Ether Gas and what is it for?"

and then you'll understand what ether is and what all the hype is about spoiler: [spoiler]Ether is really a distributed crypto database that anyone can use to run a crypto based application/alternative currency/contract[/spoiler]
>>
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Waiting to get verified on Kraken to buy ether. May take 48 hours.

What if I miss the boat?
>>
>>1086667
You wont miss it, it's never coming :(

bought at 4.83 because i believed the sky was the limit, i was memed into this.
>>
>>1086652
>Due to it's fair distribution and large user base and stats confirming that it is the only altcoin that seems to be used as an actual currency.

ahahahahahahahahahahahahahahaha
>>
>>1086667
Plenty of normies are far behind you.

If you've been on /biz/ you are ahead of the information curve of even people that subscribe to r/bitcoin. Because talk of ethereum is censored on r/bitcoin and bitcointalk

When those faggots realise they've been kept in the dark they will be mad
>>
>>1086668
Don't be a complete fag. By tomorrow you'll be up
>>
>>1086669
Nothing about that was untrue. Doge has a very fair gini coefficient
>>
>>1086667
ether isn't even off the ground, we're making meme profits with pump and dump

you think bitcoin has hit the moon?
it hasn't, but it never will because it's a busted rocket without the engines to get there

You still have plenty of time to get in before exchanges do straight real world currency trades instead of this USD>BTC>ETH shit
You still have plenty of time to get in before china finds out.
You still have plenty of time until ether is being shilled on mainstream business news channels like bitcoin was
You still have plenty of time before financial institutions use ether to handle internal transactions
You still have plenty of time before financial institutions use ether to handle external transactions

All you're missing out on is the January - March 2016 meme pump and dump.
>>
>>1086673
>>1086673
>>1086675
why is eth going up?
>>
>>1086680
because you touch yourself at night
>>
>>1086675
I have faith it will go up, but it still hurts knowing i bought at both the daily, and the all-time high. Put in 200$, considering doing more. It's addicting...
>>
Don't sell, hold atleast until the end of march retards.
>>
>>1086665
So where is it actually used physically right now where a consumer benefits?
>>
>>1086192
What else is going to pump and dump besides Ethereum?

its super interesting watching the coinmarketcap thing
>>
>>1086702
>>1086679
What actually is a pump and dump?
>>
>>1086697
banks are internally testing it
people are setting up apps using it

go to the ethereum website scroll down to the bottom and have a look at the apps in development
>>
>>1086705
>banks are internally testing it

Can I have a source on that.

>people are setting up apps using it

Which apps?
>>
>>1086704
scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements

ETH is no pump and dump though
>>
>>1086708
Consensys
R3
Ethcore
It's part of hyperledger working group

Big Apps:
Augur
Slock.it
Makerdai
Digix
Etherex
Insureth

+ many more smaller ones and early development ones
>>
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>>1086708
>source on that
sure
>http://uk.reuters.com/article/uk-banking-trading-blockchain-idUKKCN0UY28W
>Eleven major banks, including Barclays (BARC.L), UBS (UBSG.VX) and HSBC (HSBA.L), said on Wednesday they had tested a system that could make trading much faster and cheaper, using the technology that underpins crypto-currency bitcoin.
>The 11 banks in the simulation, operating across four continents, each used their own computer, or "node", and transferred "Ether" to each other - Ethereum's equivalent of bitcoin, R3 said.
>They were able to settle the transactions almost instantaneously, it added. That compares to settlement times of days or even weeks, depending on the asset class, under the current systems used by banks.

>which apps?

here's one that's merging bitcoin and ether for contactless payments
http://www.ibtimes.co.uk/plutus-combines-bitcoin-ethereum-push-contactless-payments-1542463

ok now go to https://www.ethereum.org/
and scroll the fuck down until you get to the point where the webpage looks like my pic related and start doing you're own fucking research
>>
>>1086708
just google it
>>
Exactly how much do i have to invest to get a reasonable profit?
>>
>>1086736
I hate hearing this question. Think of returns in %s, not dollar values.

Honestly, but in like a grand to start and could very likely double it. Everyone here is raving about it hitting $100/eth, but I think a more conservative estimate is $15. So as of now, you could double (and a bit) your investment, whatever you're willing to risk.
>>
How do I buy these as a Europoor? (Austria if that matters)
>>
>>1086742
This
>>
>>1086743
Sign up for Kraken (tier 3) asap, verification takes a while.
>>
>>1086742
>>1086743
If you dont care about secrecy - make an account at a national exchange. Buy BTC and exchange them to ETH.
>>
Posting this so I'm not repeating myself:

Idiot’s guide to buying ETH

Create ETH paper wallet at: myetherwallet.com (Also a BTC wallet at blockchain.info if you haven’t already)
Quick Way (Short-term)
1. Purchase BTC/XBT at QuickBT (Canada) or WeSellCrypto.com
2. Convert BTC/XBT to ETH at shapeshift.io, send to ETH wallet

Slow Way (Long-term)
1. Create Kraken account, depending if you wish to fund the trading account with USD/CAD, submit all necessary info for Tier 3 account. Verification (Tier 3) takes a few days, unfortunately.
2. If you have any BTC/XBT, deposit into Kraken account and start trading ETH.
3. Do not get into the habit of using Kraken as a crypto-wallet, any ETH you wish to hold should be moved into the wallet.

I advise signing up for Kraken sooner than later (Tier 3), verification takes a few days and with influx of sign ups may take longer. There's still potential for profit to be made before news hits the normies. Anyways, good luck everyone, etc etc

Also, throw me some BTC donations:
1PU7tJzTBn1owYRWuivEXhDgcFWagTnaou

or ETH:
0x05914b4b89f00e2bfaaf97dcc00efc3767bddeb7
>>
>>1086192
So where do you buy it?
>>
Mommy told me buying at top is dumb.
>>
dropped to sub 4, where are our gods?
>>
>>1086784
Oh fuck he called perfectly
>>1086207
it briefly flirted with the 5 handle but didn't break past it now it's dump into 3!
>>
>>1086697
http://dapps.ethercasts.com
>>
>>1086685
I did the same thing. Some quote reminiscent of "better to be (X amount of time) early than a day late" makes me comfortable with my decision.
>>
How is ETH better than BTC
And how is BTC better than ETH

Explain objectively with no shilling

BTC is good right now because it is pretty much anonymous and you can buy bad stuff with it. That is where intrinsic value comes from.
>>
>>1086863
ETH improves on everything that BTC fails on. It's that simple. BTC is insolvable.
>>
>>1086776
Cool it's following the classic bubble trajectory nicely
>>
>>1086754
what are the benefits of choosing the slow way over the short way?
>>
>>1086748
>>1086754
so I was wondering about this: if I have to exchange ETH to BTC (and vice versa) and ETH rises, but BTC falls because it becomes obsolete, doesn't this nullify the gains that I would have from my ETH?
>>
>>1086863
Ether is really a distributed crypto database that anyone can use to run a crypto based application/alternative currency/contract

If bitcoin is gold
then ether is crude oil

Bitcoin is a way to store and transfer value.
Ether can store and transfer value but it is also the fuel for other crypto based applications, currencies and smart contracts. You can use ether to setup crypto bonds, crypto derivatives, crypto stock issuances, crypto insurance and basically any other crypto financial instrument you can come up with. And they get processed on the ether mining network.
>>
>>1086865
Reiterating that good ideas aren't inherently successful. BTC is still far and away the premiere coin. Barring catastrophic failure, there is no reason to expect that to change. ETH also still has all the same issues in adaptability as every other coin, so its nothing but speculative for the foreseeable future. What are you gonna do when someone makes a coin improving on ETH? Dump and move on. That's why ETH isn't happening. Also for anyone paying attention its obvious ETH has a pretty strong shill network, which in itself is more than enough reason to stay away. ETH supporters just combat any critisim with jargon and refuse to address real issues with the currency.
>>
>>1086876
What are the real issues with the currency other than the fact it's a crypto currency and therefore "LOL ALL CRYPTO IS A PUMP N DUMP!"
>>
For BTC you can buy guns, drugs, CP and all other bullshit and it is pretty much anonymous if you are not dumb.

Can you buy that stuff with ETH?

No you can't.

So how is ETH actually better?

What can I physically do with ETH that I cannot do with other things and what people are actually doing?
>>
>>1086876
Please give me three examples of those "real issues with the currency".
>>
>>1086879
it's already been explained just read this
>>1086717
....oh wait you're the same guy i already responded to

nvm i want you to stay out of it now and live with your eternal regret
>>
>>1086876
>strong shill network

It's just people like me who are excited about the possibilities of ethereum and want to spread the word. I'm not part of any "network".
>>
Hey guys can I get some ether seeds? I wanna see if my wallet is working correctly. Thx

0x4d035578ddfba87368ea076e2a564c44d7264864
>>
>>1086884
>nvm i want you to stay out of it now and live with your eternal regret

These are emotional trigger words that you are using and are counteracting a sound investment policy.

Appealing to emotions is scammiest shilling method you can use. Please be more constructive.
>>
>>1086880
There aren't any developed applications for Etherium. How is this coin going to work in the real world? We haven't seen a coin that has accomplished anything meaningful or managed to break into the mainstream yet. Despite ETH's technological advancements over BTC, at this point betting that it is going to take off is just speculative garbage.
>>
>>1086899
By the time it does, the 'speculators' will be the ones who have made all the profit. Profit that could have been yours had you speculated on ethereums success. Success that you would know to be quite likely if you just took the time to read the recent news and look into the mechanics of the development work and the ecosystem.
>>
>>1086876
Could you please point the main problems with ETH system please? I want to be informed from both sides before deciding to buy and speculate.
>>
>>1086895
no i've actually given up
i literally don't want you investing in this
i've also realised the power of anti-pumping so i can get in more for a bigger pop for the real pump for when the chinese and normies get in
>>
>>1086192
Is there a mining program for 32-bit windows?
>>
>>1086876
It's one thing to shill, it's another to have a bunch of companies investing in its ecosystem.
>>
>>1086899
>i want a sure thing
>here i know i'll wait until it's completely reached market maturity and everyone has gotten into it
you're a genius dude you're gonna be so fucking rich, everyone knows the laggards are the ones to make it to the moon
>>
>>1086872
anyone mind answering this plox?
>>
>>1086909
cpu mining is useless you need to gpu mine it
>>
>>1086914
If BTC falls and you have BTC at the time, you lose money.
If ETH falls and you have ETH at the time, you lose money.

If ETH falls and you have BTC, you incur no losses, and now have ability to buy more ETH is desired.

If you have ETH (gone up 5%), and want BTC (gone down 5%), you can buy more BTC.

This is trading 101, man.
>>
>>1086914
Value vs the dollar (or whatever currency you pay real bills in) dumbass. If you buy btc at 350 and trade for ether at 3.50 lets say. And then bitcoin goes down too 300. You still have 350 us dollars worth of ethereum
>>
>>1086914
>>1086924

I'm not sure if I'm just retarded and missed your actual question or if you're asking a very very commonsensical question.
>>
>>1086927
this is /biz/ man
people don't know what "handle" means
it's the latter
>>
>>1086924
>>1086926
the question was if I want to sell it back. If I bought BTC with USD, say 300$, then bought 300$ worth of ETH with BTC and my ETH valued money rises to 350$, while my BTC valued money falls to 250$, this would nullify any gains I would've made right? Because I still have to do all the trading through BTC eventually
>>
>>1086930
Thank god, I thought I was beginning to smell toast.
>>
>>1086937
No, this would not nullify gains, depending on if you're trading ETH/USD or ETH/BTC. If you trade using the former (ETH/USD), you have no unrealized losses.

If you're holding ETH at the time BTC falls, then it still doesn't matter as ETH (being worth more) can buy you more BTC (especially since now BTC is worth less).

As another anon said, value vs the dollar.
>>
>>1086937
Ether in that case would be worth more dollars than btc.

Bitcoin collapsing would be a seperate issue and could cause the ether price to go up or down. In any case it would be a volatile time.
>>
>>1086907
>i literally don't want you investing in this
Another popular trick used here. The thing "no, I actually don't want you". Please, don't just shill harder and provide objective statements.
>>
>>1086937
Depends on how the ratio between ETH and BTC changes, but most likely if, in dollar terms, ETH rises and BTC drops you'll be able to buy more BTC in the end
>>
>>1086899
>We haven't seen a coin that has accomplished anything meaningful or managed to break into the mainstream yet

Bitcoin went mainstream.

Everyone relatively intelligent knows about it pretty much.

It just isn't used.
>>
>>1086942
I see where my mistake I think I got it now.

What would happen though if the ETH to BTC exchange rate would get really high and nobody would demand bitcoin anymore? like what if 1 ETH would be worth 1000 BTC, but nobody's buying them anymore because they've been overtaken by ETH?
>>
I signed up on kraken and submitted all the docs for tier 3 verification. been waiting a couple days now. I'm gonna miss the moon aren't I lads?
>>
>>1086965
Don't worry, it will drop like most normal systems do. Then it will raise again, and drop again.
>>
>>1086965
No. The reason people are excited about this crypto is because it is not a pump and dump coin. It has a solid development roadmap and has some of the finest minds in computer science working on it.
>>
>>1086966
It won't drop that much. Growth may slow but I foresee steady growth in waves all year.

This novembers Devcon2 conference in China will be a milestone and could cause another huge january pump like this year. And by then we will have more than a few working DAPPS
>>
>>1086668
Patience desu
>>
>>1086754
I have all mine on poloniex, should I transfer to a legit ether wallet or is it safe there?
>>
>>1086986
im wondering the same, im holding in polo until a nicer wallet comes out.
>>
Is this a new price point or is there some expected profit taking? I had a buy order that never got filled because it ended up shooting up so fast
>>
>>1086995
Yah I think I am too, right now I buy btc on coin base but it only let's me buy 25 dollars instantly and up to a hundred but I have to wait 4 days, I wish I could up my limits
>>
>>1087002
My feeling is that it will stay above 0.01 at strong support and the next leg up will be coming tonight as America gets home from the office
>>
>>1086963
Then someone will just start a service where you can sell ether for money.
>>
>>1087018
Circle is already about to add ETH so you will be able to buy ETH direct soon!

No more pissing about with bitcoins. You hear that nocoiners? Your prayers are about to be answered
>>
>>1087023

what is circle?
>>
>>1087018
>>1087023
this would be really nice, the extra step of buying BTC just seems so retarded
>>
>>1087036
Yes but by the time that happens the early birds will have stolen most of your worm.
>>
>>1087060

Ethereum noob here. I'm interested in buying some Ether, about $300 worth. I understand that I have to get some BTC first, but I'm also interested in mining some.

I have a Radeon r290 GPU, is this a good enough card to mine Ether? I've never mined crypto before so I'm unsure of the desired specs. Also, I don't have a dedicated mining machine, I was just planning on using my personal computer. Is this stupid?

$300 is roughly 1700 Ether at this point, but it's getting more expensive day by day. Should I buy now? Will this shit really take off? How much of a return on investment am I looking at here?
>>
>>1087080
I have no idea about mining. Im not a technical person.

To your second question, Yes. And no idea, probably quite a lot
>>
I have been doing substantial reading on ethereum. I understand the theory and the top level ways of obtaining ether (mine or buy with bit coin). I am not interested in mining like the guy above- can someone please breakdown a step by step on how to actually buy Ether. Thanks
>>
>>1087089
That depends on where you live. I only know first hand how to buy it in the UK.

If you have bitcoin you can buy it at shapeshift.io that works for anyone that doesn't live in NY
>>
>>1087084
Right on. I didn't mean to reply to you actually, my bad.

But in your opinion my best bet would simply be to buy some ether at current market price and just sit on it?
>>
>>1087092
Probably. I think 0.01btc is a support level and it's unlikely to dip below that price as we are in a strong bull market.
>>
>>1087089

1. Google "how to buy bitcoin"
2. Register on poloniex or kraken
3. Send your btc to the deposit address
4. Buy eth
5. Look into getting verified with your exchange it's not a must
>>
>>1087101

Note: add your country of residence to step 1
>>
>>1087098
I think it might even continue to rise in around six hours time. So your best bet is to investigate the fastest way to obtain BTC (localbitcoins takes about an hour depending on the sellers) and then use shapeshift.io to buy ETH as soon as possible.
>>
>>1087106
what makes you thin it will rise in six hours?
>>
Thanks much appreciated. USA resident. For step 1 whats the best place for buying btc (no fees, close to marketprice, etc..)
>>
>>1087110
Americans getting back from work at that time.
>>
>>1087112
and?
>>
>>1087114
Getting their kids fed then getting on the computer and trading ETH.
>>
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That's a lot of people selling for something that it supposed to be THE shit to have...
>>
Whats the process for NYC
Help ;_;
>>
>>1087148
Use a vpn or proxy then use shapeshift.io
>>
>>1087137
There are hugely more buy orders than sell orders.

Are you sure you know how to read charts?
>>
>>1087130

>ETH traders
>work
>KIDS

WEW
LAD
>>
>>1087111

Look on preev.com for the current mktprice and base it on that.
>>
>>1086986
>>1086995

Nah man, move it to a wallet if it's not being traded.

>flashback to MtGov
>theresalessonheresomewhere.jpg
>>
>>1087101
It is a must, especially since most btc bought outside of an exchange is not at market price. So unless you wanna pay more for btc, then go Tier 3.
>>
>>1087163
>still thinks cryptocurrency is just kids.
>>
so where and how do i buy this? im totally new to this but willing to throw some cash at it
>>
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>>1087187
See
>>1086754

Good luck
>>
>>1086917
>GPU mine
That's viable for ethereum? How much can you make a day? Some guide to get started?
>>
>>1087185

>The average working parent knows what Ethereum is!

The average American wagekek parent doesn't even know what cryptography is never mind fucking Bitcoin or obscure ETH.

Fucking hang yourself with your delusions.
>>
>>1087214
Everyone knows about Bitcoin.

People just don't want to use it.
>>
>>1087214
>he's never met anyone in the crypto community IRL

The age range is 15 to 50. Maybe you spend a lot of time on 4chan idk
>>
>>1087221

>Everyone knows about Bitcoin.

This is the kind of shit you spout when you don't have a job or interact with anyone outside your house. I'm sorry, the internet isn't real life. Maybe the forums you visit do but you can bet your bottom autismbuck that less than 5% of the GENERAL POPULATION know what a Bitcoin is.
>>
you guys remember a while ago when BTC was 300 cadbucks n all the faggots were saying naaah its gonna plummet ? well what the fuck, i could have made 20 grand if i bought 30 grand worth of BTC, FUCK.

/biz/NITCHES can reeeeaally screw you up.
>>
>>1087237
It'd be straight up reckless to invest 20K into any one thing unless that's pennies for you.

No one can see the future, regardless of what they tell you.
>>
>>1087237
Eth is only 3$. You would be dumb to not buy this cheap.
>>
>>1087283
i bought at 4.83, did i dun goofed?
>>
>>1087289
No. You'll be fine. It will be double figure later in the month.
>>
>>1087289
Yes and no.
>>
>>1086199
lol is this trash still worth nothing?
>>
>>1087289
Yes. Coming in really late is the dumbest possible thing you can do in investing.
>>
>>1087289
No goyim, your did good.
>>
>>1087289
people bought in at $2.6 and then sold when it went to $2.12
and a day later it hit $4
the same thing will happen to you if you sell
>>
>>1086192
https://youtu.be/9vQaVIoEjOM
>>
Alright so if I want to invest $300 in ether that gives me roughly 60eth (at today's price). Is that a worthwhile investment? I don't really have any more than that to invest right now, but I start a new job next week where I'll actually begin making some better money. Should I buy now and buy some more once I have more cash to throw around?

Can someone say with confidence how far this shit will go up? I mean, BTC capped at around $1000, will we see the same from Ethereum?
>>
>>1087361
oh, i'm not considering selling, i can take the loss if it hits 0. I'm in it for fun, bragging rights and hopefully some profit.
>>
What makes this so much better than other altcoins?

All I heard was that it's good for programming or some shit... seems like another gimmick, like namecoin.
>>
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Stop shaking over your shekels and put them to a good use by investing into the future. Get in now or be BTFO later.
>>
>>1087367
pls some respond
>>
>>1087394
Maybe. I think it will be far bigger than BTC
>>
>>1087395
Alright well I'm thinking about sinking anywhere between $300-800 on ether, and also looking into mining it as well. I feel like I missed my chance to make some /bigbucks/ because I only learned about Ethereum a few days ago, but if a few hundred bucks turns into a few hundred thousand...well I guess I won't mind.

Can you say why you think it will be bigger than BTC?
>>
>>1087401
18 months
>>
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>>1087401
>a few hundred bucks turns into a few hundred thousand
>>
>>1087403
...and I'll be patting myself on the back?

>>1087404
y u gotta laff
>>
>>1087235
You are ignorant. Bitcoin is mainstream knowledge, it has been in the news. People just think its shit and that is why they don't use it.
>>
>>1087433

So?

Most Americans don't keep up with the news. For the record, bitcoin hasn't been in the news long.

You'd be surprised at how much stuff most people DONT KNOW.

I can go on a college campus with a picture of George Washington, ask 10 kids who he is, and I'll be surprised if more than 1 knows.

Average people are stupid as fuck- just look at all the people buying BTC and ETH!
>>
saged and report everysingle etherum bot, stop fucking with biz with your ponzi scheme you fucking asssholes
>>
What happens if Vitalik dies?
>>
>>1086194

"Whoops."
- this guy
>>
>>1088755
He's 21. And theres hundreds of devs on ethereum. Not just good old VB
>>
>>1088755
very unlikely. if anyone tries to hurt vitalik, I'll beat em up :^)
>>
https://m.youtube.com/watch?v=hieCRm_gu6k

Thread theme
>>
>>1087433
i've met almost no normies in real life who have heard of bitcoin
>>
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>up to $5.20

THIS SHIT IS UNSTOPPABLE
>>
>>1088830
You must live in a very stupid place.
>>
>>1088840
rofl. something like 50% of the US has heard of bitcoin

must be alabama
>>
>>1088840
Take a poll of people walking into your average supermarket between 2 and 3pm. I bet 99.9% never even heard of bitcoins
>>
>>1088843
A new report by the CSBS (Conference of State Bank Supervisors) and the Massachusetts Division of Banks suggests that Americans are still wary of bitcoin. Over half of respondents, or 51% have heard of either bitcoin or other virtual currency. Men, Whites and Hispanics were more likely to have heard of bitcoin compared to women or African-Americans. The ”knowledge gap” is also present when comparing incomes and education. Of those making over $100,000, 70% have heard of virtual currencies. A similar percentage of college students (67%) have heard of bitcoin.
>>
>>1088843

Are you so sure? That story about man losing laptop full of bitcoins was a world wide coverage. I even heard about it on minor, shitty news channels.

>>1088847
As I said, Bitcoin IS mainstream. People just think it is shit and so opt out of using it.
>>
>>1086261
ETH is a meme too, at the end of the day everything is going to gravitate around BTC and it's blockchain across sidechains. No other coin will ever be as solid, they would need a time machine so they exist for a longer period than BTC, and that's impossible. BTC will always have the record of the longest standing blockchain, the rest are wannabe chores.
Sidechains will make alts even more irrelevant, they remain a gambling casino to make more BTC, just like the people about to dump ETH are going to do.
>>
>>1088847
>"Virtual currencies"

See even the news doesn't know enough about crypto to get the terms right.

Hearing of the word "bitcoin" is dofferent from having the slightest clue what it actually IS
>>
>>1088869
PLEASE SHUT THE FUCK UP YOU CASUAL
>>
>>1088869
I think you're brain needs to catch up with real events.

Bitcoin maximalists are the nocoiners of 2016
>>
>Blockchain consortium R3 CEV has announced its first distributed ledger experiment using Ethereum and Microsoft Azure's Blockchain as a Service, and involving 11 of its member banks.

>The R3-managed private peer-to-peer distributed ledger connected Barclays, BMO Financial Group, Credit Suisse, Commonwealth Bank of Australia, HSBC, Natixis, Royal Bank of Scotland, TD Bank, UBS, UniCredit and Wells Fargo.

>George Hallam, external relations director, Ethereum Foundation, said: "Here at the Ethereum Foundation we welcome demonstrations of the versatility and capability of the Ethereum platform and its underlying technology. R3 is significantly advancing the use case portfolio of Ethereum, and we are encouraged and excited by that.

>Brad Novak, chief technology officer for the Investment Bank at Barclays, said: "As we progress our evaluations of shared ledgers and smart contracts, we look forward to leveraging R3's lab environment for collaborative technology experiments.

>"Ethereum is a well-known open source technology in this space and we also look forward to collaborative experiments using other technologies."

Oh, so this is why there's so much shilling. The banksters are using ethereum to develop their own blockchain solutions to compete against bitcoin.
>>
>>1088909
Wait, upon further research...

>We are not using the Ethereum public chain. We cloned/forked Ethereum and made a private instance of it. There will be other platforms that will be tested and announced in the future.

So they're just copying ethereum.
>>
>>1088909

>nocoiners absolutely BTFO
>>
>>1088913
Yes an ethereum testnet.

If banks adopt ethereum as the underlying technology assets on the public chain will be trivial to exchange onto the permissioned bank ledger. Finally eliminating the fiat-crypto barrier that bitcoin suffered from
>>
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>Up to $5.30

THERE'S NO STOPPING THE ETHEREUM TRAIN WOO WOO ALL ABOARD NEXT STOP THE MOON
>>
>Pay Pal Email is being gay and wont let me buy bitcoin

kill me.
>>
>>1088938
you cant buy crypto with paypal. Paypal is shit. Trash it
>>
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To the moon my niggas, hope you all make wonderfull profit.
>>
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well i transferred all my btc to eth. gl boys
>>
>>1088947
No u didn't. Stop shilling off different IPs btw.
>>
I have 34 ETH. When will I become a millionaire?
>>
>>1088954
2018
>>
>>1088954

Next year
>>
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ETHbro's right now VS the nocoiners who told us it would fail:
https://www.youtube.com/watch?v=0qDQiXr-4Hc
>>
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>>1088951
ITS A CONSPIRACY
>>
10,000BTC buy side on polo
300,000 ETH on sell side

10,000/300,000
=0.033

Eth price confirmed to triple if all trades go through.
>>
>>1088958
>>1088957
I'm fine with either of these. Just in time to buy a mansion and a Tesla.
>>
I don't invest in what I don't understand.
>>
So I'm still waiting for more BTC to come through that I bought (stupid classic banking delays). When it clears should I wait for a dip in price of ETH? Is it difficult to time that type of thing?
>>
>>1088978
Better get reading then.
>>
>>1088979
Every dip is being bought up. There is no way to time it. Just buy asap.
>>
>>1088969
How do you know this?
>>
>>1088979
You should spend at least half immediately to get your foot in the door. If you want to wait for a dip for the rest, you can, but it's not advised to try to play the market in crypto. Best strategy is to hold longterm.
>>
>>1088995
By looking at the Numbers on the screen
>>
>>1088978
I'm not investing in ETH. I'm gambling in it.
>>
>>1088997

I have some already and would have bought more if this other BTC had come through. I bought initially at $3.62. I'll probably just buy as soon as the BTC clears.
>>
I put $6400 into ETH at an average price of $2.35.

I'm planning on withdrawing my original investment when the price is at $15. Is that a good idea or should I wait 'til it goes higher than that?
>>
>>1089005
Do what you want m8 im not selling a single one for at least a year.
>>
>>1089005

Bad idea. Literally all signs point to this going much, much higher than $15. Have some patience. No other altcoin has the combo of market share, features, and potential this has.
>>
Newfag here. Looking to get into stocks to try to pull my ass through college. Anyone know the best place to buy stocks like this from?
>>
>>1089015
This isn't a stock it's a cryptocurrency.

Heres an online guide how to buy

https://www.ethalert.com/ethereum-guides/how-to-buy-ethereum-a-visual-guide
>>
>>1089015
It's not a stock and it is risky as all fuck. It could crash to 0 tomorrow due to a shitload of factors, you could get scammed by your exchange (like MtGox did with BTC) or you could just plain lose your wallet.
>>
>>1089001
That's why you will always be poor.
>>
>>1089020

Do I pay a comission whenever buying/selling ether?
>>
>>1089027
Nah. Been lucky with stupid shit like this before. Made a few grand on BTC and some memestocks, and hey, I only spent 60$ on ETH so if it goes to 0, I'll be fine.
>>
>>1089036
No. It's like selling a commodity like gold or horse sperm.
>>
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only had money to buy 5 ether, have to mine them now

but I am still going to be a millionaire, so it's alright
>>
>>1089040
my two favorite commodities
>>
LOADSAMONEY LADS

https://www.youtube.com/watch?v=ON-7v4qnHP8
>>
Has a coin ever made a volume a fraction of bitcoin?

ETH is 1/3 of bitcoin and the other day it was 1/4. This must mean something.
>>
>>1086192
>buy etherum
>go on /biz/ and make idiotic post about buying etherum
>/biz/ buys etherum
>sell your etherum for profit
>repeat tomorrow
>>
>>1089106
And bitcoin volume figure is mostly people using it to buy ETH.

Chinese bagholders confirmed for high and dry
Chinese miners confirmed for bust
Litecoin bagholders confirmed for suicide watch
Ripple confirmed for nipple
>>
>>1089106
Not really.
>>
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Soooo I need to await confirmation on sites before I can get bitcoin to buy ether. Meanwhile, could you gents send me a bit of ether to play around with? I am currently setting up everything. This is should be my wallet:

0x7a329499cd8e3bf89ae9b9cf2358a870a21b1882

Cheers from a newbie
>>
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> dozens of other cryptocurrencies haven't become big before
> "but this one will be different!"

inb4 implications that Bitcoin is big
>>
Finance ignoramus here. Is the value of one ETH proportional to the market cap?
>>
>>1089142
Market cap is worked out by total amount of ether multiplied by the price.

Currently nearing half a $billion
>>
Guys, are the potential profits from investing in ether linear? Am I missing something? There is no such thing as interest that an exchange pays you for holding ether, right?

sry if dumb question
>>
>>1089156
No. Its like holding cash in your pocket. You put it in a wallet it'll stay there forever.
>>
best ether wallet? currently using myetherwallet
>>
>>1089161

so it really doesn't matter wether I convince friends and family to put in 200$ each or not, right? there is no leverage potential unless i screw participants (and rob them of their profit share) ?

was thinking of buying 300$, got quite a few people to put in some money too but doing the math i realize it doesn't make a difference to the total profits per individual.

correct?
>>
Anywhere to buy ETH via debt card yet? Or what is the easiest way to buy BTC with debt?
>>
What's the best site/tool to use to see the most up to date ETH price? I have a TradingView chart up on my second screen but sometimes I feel like it doesn't update for a while.
>>
>>1089167
Mist.

It's the official wallet from the people working on Ethereum. Once you start it up, it'll start downloading the entire blockchain, which takes like half a day or more, but after that, on future sessions, you'll only need to dl the blocks since your last session, which is quick.

It's safest place to put your ETH, but the current version is not quite as safe as the Homestead version will be, so I don't recommend putting more than 2/3 of your ether on it.
>>
>>1089182
Debit card? If youre in UK try bittylicious.co.uk
>>
>>1089183
Poloniex>>1089170
>>
>>1089170
No. Not really. The only benefit is obviously with smaller amounts of butcoin you would be buying the premium might be higher but it's not so much to worry about.

Also you need to actually read about what youre investing into. You need to learn a whole shitload about cryptocurrency or you will be food for sharks. Good luck faggot
>>
Man I don't get this coin buisness.
Where the hell does my value go?
What am I supposed to do with it?
>>
>>1089202
Just give up and stay poor. Get the fuck out of /biz/ and go to bitcointalk and ask these dumb questions there
>>
Can someone repost that "HOW TO BUY ETHERE OFFICIAL INFO" please?

I want to shill on some other boards.
>>
>>1089203

I'm curious of something. bitcoin is a deflationary currency, as there is a finite amount of coins that can be in existence. Ethereum doesn't seem to follow this same principle, and really it doesn't seem to be a currency in the traditional sense, they're tokens that are used to complete a certain unit of computation.

It seems to me, that because of this, it wouldn't be able to hit the market highs that bitcoin was able to, because if the tokens are too expensive, no real work can be done. But I have a very limited understanding of all of this. Perhaps you can share your perspective on this with me?
>>
>>1089183
just query all the available exchanges, they all have apis for price info

here is where it is traded:
http://coinmarketcap.com/currencies/ethereum/#markets
>>
>>1089218
https://www.ethalert.com/ethereum-guides/how-to-buy-ethereum-a-visual-guide

Its shit though, you need to tell people to use shapeshift as it's much simpler

For eurofaggots kraken accepts EUR- ETH pair so you dont need BTC


If you shill on other boards expect to get banned. Also don't make a fool of us. Dont try and shill something you don't understand or some nocoiner will stump you in an argument and no one will invest in something that looks weak.

Leave the shilling to the experts like moi
>>
>>1089230
It is disinflationary. Trending down to an eventual sum of 220 million ETH in 200 years time.

Inside the ethereum protocol, ether is geared down using an object called 'gas' which is set by a market consensus of all the nodes. This keeps the price of computation on ethereum steady as ether price fluctuates.

Kind of like changing gears on a bicycle to go uphill.
>>
I have my ETH at poloniex, is that bad long term? Should i make a brain/paper wallet or try and get the entire ethereum client running on my machine? or is there something obviously simple about ether wallets that im missing?
>>
>>1089261
Yup, poloniex can close your account at any time, not safe.

As far as the most secure method? Tough call, every wallet is in beta still.
>>
>>1089261
Make a paper wallet, make three copies of it and write the password down somewhere and then hide the three copies in three seperate locations. Then never lose your password.

Tattoo it to your daughters back like waterworld.
>>
I'll wait till it hits 15$ and then buy in
>>
What's the worst case scenario if I buy $1,000 worth of ether?

If it starts going down, do I lose 1k or can I wait until it's up again and sell it and make a profit?
>>
>>1089301
It goes to 0$ and you killyourself
>>
>>1089285
sounds like a good plan
>>
>>1089301
Worst case, you lose 1000$
Best case, you make 1$ profit
>>
>>1089301

Worst case is always that you lose all your money.

Honestly I don't see how this doesn't skyrocket over the next year or 2. I would plan on holding it for at least that long.
>>
>>1089319
It doesn't skyrocket if a critical bug is found.
>>
Why the 500% increase in one month?

Should I buy now or wait for an adjustment?
>>
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QUICK! Post faces of no-coiners now!
>>
>>1089380
Notice the spike in volume and the increase in shilling.
Final phase of the russian garage ponzi scheme.

SHORT SHORT SHORT SHORT SHORT SHORT
>>
I think there will be a lot of pissed off Bitcoiners with ETH next week. That and the Chinese that haven't jumped into the game yet. It might get wild.
>>
What happens if Kraken goes down?
>>
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>>1089381
>>
>>1089392

Down for good? The people who have their ETH in it will possibly lose it. I just made a wallet with MyEtherWallet to be safe. Seems like the easiest/safest bet ATM.
>>
>>1089390
Is there a date when the Chinese get on board?
>>
>>1089398
I did too, planning on buying some soon, but I mean if Kraken goes down, isn't ETH essentially dead until a new exchange gets as big as Kraken? I read that 80% of the transaction volume of ETH goes through the site.
>>1089399
the next dev conference is in China in Fall
>>
>>1089399
No one knows, currently chinese are left bagholding soon to be worthless btc and litecoin.
>>
After 2 buying sessions I now have 55 ETH at an average of $4.50 per. I have more bitcoin waiting to clear in 5 days.

a-am I gonna be rich?
>>
>>1089399

Most are off work until Feb 14 or so. When the Bitcoin miners get back that'll decide what client they'll use on Bitcoin and one faction will be pissed off. I'm thinking they'll stick with Core and not hardfork because Core has been doing some pretty stupid things to convince them to stay on their client (Blockstream benefits this and most of the central Core devs work for Blockstream). Either way someone will get mad. It's unavoidable at this point.
>>
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>>1089381
>>
>>1089403
Poloniex is bigger than Kraken now.
>>
>>1089414
should I use them to buy ETH then?
>>
>>1089407
Sorry, can you elaborate. I didn't really understand.

I'm asking when Chinese miners will get on board with ETH, not BTC.
>>
>>1089416

You're probably not going to get the Chinese miners. You'll probably see the Chinese Bitcoin miners put some of their Bitcoin into the game.
>>
How is this even possible. This is madness. Is this the end of bitcoin?
>>
If I want to get tier 3 verification at Kraken, do I really have to get verified for tier 1 and 2 first?
>>
>>1089061
L O D S
>>
>>1089415
Polo just edged ahead, so they're basically the same size.

Kraken allows trades that Polo doesn't. For instance, you can sell ETH for USD and buy ETH with EUR.

Polo is a little cheaper on fees.
>>
>>1089061
E M O N E
>>
Selling ETH at 0.013 (40 coins). Need to do this quick. .52btc

1EBXvwpCkgqSKhAYQmrkEezQFW3qpKYzZF

Email me with your ETH address.

[email protected]
>>
>>1089423
1 and 2 take like 5 minutes.
>>
>>62435817
Can someone give me a non biased explanation as to what the fuck this is?
>>
>>1089432
>mfw can't get verify because I have no phone
>>
>>1089427
coll, I guess I'll go with them then. How long does the verification process take there?
>>1089432
and 3?
>>
S I X D O L L A R S
I
X
D
O
1
1
A
R
S
>>
>>1089434
Just google it
>>
>>1089440
6.3$ jesus christ, this better not crash before the gooks get their chance!
>>
>>1089439
also is tier 2 verification enough at polo?
>>
Someone please explain what the fuck ethereum is, why it should be bought now, and how to buy it.

This is probably just a tricky biz meme
>>
>>1089480
I don't know what it is, all I know is that whenever I throw money at it, it throws a little more back.
>>
>>1089481
Where do I throw money at it? After a little google research I figured out what it is.
>>
>>1089432
>1 and 2 take like 5 minutes.
>Tier 1 takes like 48 hours to verify
>mfw even got my phone number wrong somehow

>>1089486
I only know of Poloniex and Kraken, I am very new myself and went to Kraken.
>>
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>>1089440
F U N D A M E N T A L S
S F U N D A M E N T A L
L S F U N D A M E N T A
A L S F U N D A M E N T
T A L S F U N D A M E N
N T A L S F U N D A M E
E N T A L S F U N D A M
M E N T A L S F U N D A
A M E N T A L S F U N D
D A M E N T A L S F U N
N D A M E N T A L S F U
U N D A M E N T A L S F
>>
>>1089491
I can't verify anything on time. By the time I get my account able to buy it'll be too late.
>>
>>1086194
FUUUUUUUUUUUUUUUUUUUUUUK
>>
File: image.gif (2 MB, 320x180) Image search: [iqdb] [SauceNao] [Google]
image.gif
2 MB, 320x180
>>1089440
S I X
F I F T Y
Holy shit bros. It's happening. We're all gonna make it. WE'RE ALL GONNA MAKE IT
>>
>>1088951
i actually did. only ~500 bux tho
>>
Christ, just shy of $7 on Poloniex. Traded my last 2.5 BTC into ETH last night when price was around $4.60. This shit is crazy but I love it.
>>
Can somebody even give me 1 ETH please?

0x7000dbd67afc50139602b36a8bde07b3fe513643

please :( my wallet of btc didn't even reach 5$ USD to buy one ETH and i cant afford USD in my country
>>
>>1086968
Vitalik pls go
>>
Can someone please loan me some ETH while I also wait for this tier 3 verification to go through so I don't feel like a complete idiot?

0x37e61e7047fff78fa6c01cec13dd7bad84c0ef45
>>
Why is it falling guys? We need to shill harder!
>>
>>1090358
does our shilling actually impact it?
>>
We (Haldeman Investings) are starting an Ether based Hedge fund.

Expected returns: Between 0.11% and 15% per month depending on the Ether price and asset performence.
Payouts will occur every 28th of the month. Payouts will be in Ethers only. We might add Bitcoin or other cryptocurrency payouts and funding in a later stage.
We are currently working on trying to develop smart contracts, expect this to be done around the time Homestead is released and stable.
Website with oublic monthly reports will also be created when funds are expanding large enough.

How it works:

Send an email to [email protected]
Include your name together with your ether wallet address and the amount that you send.
You will then receive monthly returnings according the amount that you have send together with any news regarding the status of the fund.
We will compare the funds received from your address to the address and the amount claimed in the email.
If you have send funds from a differents address then you are receiving from, please state so in the email.
You can ask for us to give back your investment any time, unless the amount of returns gained exceeds your investment or your investment is less then 1 dollar worth of ethers.
We will return 85% of your investment.

Our Address:

0x70d9bb21b2717c1902297b7a4ae30dcb2832ffae

Current assets include:
BAE Systems. - Defence, security, and aerospace.
Curtiss-Wright. - Commercial and defence aerospace.
WESCO International, Inc. - Electronics.
Air Liquide S.A. - Medical and industrial gases.
MSC Industrial Direct Co, Inc. - Industrial equipment.
Church & Dwight Co, Inc. - Household products.
IDEX Corporation. - Engineering and industrial technology.
Landstar System, Inc. - Logistics
Thread replies: 335
Thread images: 37
Thread DB ID: 503724



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