Author Topic: Ethereum price discussion  (Read 74042 times)

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Offline btswildpig

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Re: Ethereum price discussion
« Reply #345 on: February 12, 2016, 10:45:47 am »
[member=258]luckybit[/member] and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?

I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks

Eth is worth that much because the speculative capital make that worth much .It's simple math .

BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .

So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer protection,  unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .

« Last Edit: February 12, 2016, 10:58:03 am by btswildpig »
这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.

Offline ncinic

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Re: Ethereum price discussion
« Reply #346 on: February 12, 2016, 10:57:47 am »
[member=258]luckybit[/member] and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?

I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks

Eth is worth that much because the speculative capital make that worth much .It's simple math .

BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .

So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer projection,  unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .

I didn't know BM had the ability to kill speculators, that's amazing.

Offline xeroc

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Re: Ethereum price discussion
« Reply #347 on: February 12, 2016, 11:14:54 am »
[member=258]luckybit[/member] and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?

I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks

Eth is worth that much because the speculative capital make that worth much .It's simple math .

BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .

So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer projection,  unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .

I didn't know BM had the ability to kill speculators, that's amazing.
.. with the blink of an eye! :P
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Offline BunkerChainLabs-DataSecurityNode

Re: Ethereum price discussion
« Reply #348 on: February 12, 2016, 12:40:15 pm »
[member=258]luckybit[/member] and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?

I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks

Eth is worth that much because the speculative capital make that worth much .It's simple math .

BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .

So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer protection,  unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .

I think our definition of 'users' is different.

What you are talking about applies to every single crypto in existence. So why are 'users' not objecting to those?
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Offline btswildpig

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Re: Ethereum price discussion
« Reply #349 on: February 12, 2016, 12:56:09 pm »
[member=258]luckybit[/member] and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?

I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks

Eth is worth that much because the speculative capital make that worth much .It's simple math .

BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .

So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer protection,  unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .

I think our definition of 'users' is different.

What you are talking about applies to every single crypto in existence. So why are 'users' not objecting to those?

because every single crypto in existence has speculative-users . Unlike real users , speculative-users would disregard the disadvantage in the user experience/stability/legal protection , only because they hold a coin and want it to be successfully .

This is the reality . Users won't come in , at least not for years . Only speculative-users would . And if you kill speculators , you'll lost the only users that you can get .
这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.

Offline BunkerChainLabs-DataSecurityNode

Re: Ethereum price discussion
« Reply #350 on: February 12, 2016, 02:29:56 pm »
[member=258]luckybit[/member] and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?

I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks

Eth is worth that much because the speculative capital make that worth much .It's simple math .

BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .

So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer protection,  unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .

I think our definition of 'users' is different.

What you are talking about applies to every single crypto in existence. So why are 'users' not objecting to those?

because every single crypto in existence has speculative-users . Unlike real users , speculative-users would disregard the disadvantage in the user experience/stability/legal protection , only because they hold a coin and want it to be successfully .

This is the reality . Users won't come in , at least not for years . Only speculative-users would . And if you kill speculators , you'll lost the only users that you can get .

It's confirmed.. you have a very different idea of the definition of 'users'. Perhaps that small segment you are referring to that might be the case... but for most, all of that just doesn't matter when it is presented and packaged in a manner that meets their needs and solves their pains.
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Offline Akado

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Re: Ethereum price discussion
« Reply #351 on: February 15, 2016, 02:35:34 pm »
[member=258]luckybit[/member] and others I never owned a single eth because I don't understand its purpose but can you please explain me in 5 lines why ethereum should be worth $1 bil and what it can do that bitshares can't do and why bitshares shouldn't be worth equally? What are the differences and why eth is so superior?

I just don't get all this ethereum madness and I don't get it why people dump bts at these levels.
Please explain.
Thanks

Eth is worth that much because the speculative capital make that worth much .It's simple math .

BTS is not worth that much because BM likes to kill speculators on the ground of future development and real users . Without speculative capital , you have no bubble .

So , in order for BTS to grow , BTS has to get real users . And because real users will never use a product provided by some dev without legal protection/customer support/consumer protection,  unlike real company and real product . So ...you get the idea why it is so hard for BTS to grow .

I think our definition of 'users' is different.

What you are talking about applies to every single crypto in existence. So why are 'users' not objecting to those?

because every single crypto in existence has speculative-users . Unlike real users , speculative-users would disregard the disadvantage in the user experience/stability/legal protection , only because they hold a coin and want it to be successfully .

This is the reality . Users won't come in , at least not for years . Only speculative-users would . And if you kill speculators , you'll lost the only users that you can get .

It's confirmed.. you have a very different idea of the definition of 'users'. Perhaps that small segment you are referring to that might be the case... but for most, all of that just doesn't matter when it is presented and packaged in a manner that meets their needs and solves their pains.

I think btswildpig is right. It might be the harsh true but I agree with him. Crypto is still too young. No way there are enough users to support one. Most are speculators, those are the ones with the money that make the charts move and hence, create the appearance of an active market.

Those, like he said don't care about the user experience because they don't care about the project, they only care about the potential for it to grow in value, any coin they get their money in is just a stepping stone to achieve bigger profits.
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Offline Pheonike

Re: Ethereum price discussion
« Reply #352 on: February 15, 2016, 05:08:34 pm »
Its because ethereum and other communities want there developers full attention of writing code. BitShares Community wants it developers to live with constant feat in not be paid. The believe this constant fear we make better faster code, bit it does not. It allow adds unnecessary stress to an already stressful job.  Other communities use carrots for their coders, we prefer using the stick.

Offline btswildpig

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Re: Ethereum price discussion
« Reply #353 on: February 16, 2016, 05:29:28 am »
Its because ethereum and other communities want there developers full attention of writing code. BitShares Community wants it developers to live with constant feat in not be paid. The believe this constant fear we make better faster code, bit it does not. It allow adds unnecessary stress to an already stressful job.  Other communities use carrots for their coders, we prefer using the stick.

When BTS has millions of dollars to waste on and the devs was paid handsomely and big things fake news came out frequently , BTS still didn't beat LTC . How do you explain that ?

Doge market cap is multiple times of BTS with no development at all , how do you explain that ?

Ethereum is crazy nowadays , with more features than BTC . But do you honestly believe Ethereum could have even a slight change of replacing Bitcoin's marketcap ?

At the end of the day , marketcap is not decided by features/codes/development , but the capitals willing to bet on it .
« Last Edit: February 16, 2016, 05:35:05 am by btswildpig »
这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.

Offline xeroc

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Re: Ethereum price discussion
« Reply #354 on: February 16, 2016, 08:37:36 am »
Its because ethereum and other communities want there developers full attention of writing code. BitShares Community wants it developers to live with constant feat in not be paid. The believe this constant fear we make better faster code, bit it does not. It allow adds unnecessary stress to an already stressful job.  Other communities use carrots for their coders, we prefer using the stick.

When BTS has millions of dollars to waste on and the devs was paid handsomely and big things fake news came out frequently , BTS still didn't beat LTC . How do you explain that ?

Doge market cap is multiple times of BTS with no development at all , how do you explain that ?

Ethereum is crazy nowadays , with more features than BTC . But do you honestly believe Ethereum could have even a slight change of replacing Bitcoin's marketcap ?

At the end of the day , marketcap is not decided by features/codes/development , but the capitals willing to bet on it .
IMHO, that is true from the speculative point of view only ..
There are more reasons to get into any of these projects than purse speculation
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Offline Pheonike

Re: Ethereum price discussion
« Reply #355 on: February 16, 2016, 08:41:04 am »
Its because ethereum and other communities want there developers full attention of writing code. BitShares Community wants it developers to live with constant feat in not be paid. The believe this constant fear we make better faster code, bit it does not. It allow adds unnecessary stress to an already stressful job.  Other communities use carrots for their coders, we prefer using the stick.

When BTS has millions of dollars to waste on and the devs was paid handsomely and big things fake news came out frequently , BTS still didn't beat LTC . How do you explain that ?

Doge market cap is multiple times of BTS with no development at all , how do you explain that ?

Ethereum is crazy nowadays , with more features than BTC . But do you honestly believe Ethereum could have even a slight change of replacing Bitcoin's marketcap ?

At the end of the day , marketcap is not decided by features/codes/development , but the capitals willing to bet on it .

Doge market cap went back up because they started merge mining with LTC.

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Re: Ethereum price discussion
« Reply #356 on: February 16, 2016, 10:17:16 am »
When BTS has millions of dollars to waste on and the devs was paid handsomely and big things fake news came out frequently , BTS still didn't beat LTC . How do you explain that ?

Obviously LTC is a better coin! (LOL)




Doge market cap is multiple times of BTS with no development at all , how do you explain that ?

No development at all will give us a HUGE advandage against our "competitors" and also a higher market cap! LETS DO IT! (LOL 2.0)



Ethereum is crazy nowadays , with more features than BTC . But do you honestly believe Ethereum could have even a slight change of replacing Bitcoin's marketcap ?

Does this count as  YES?





At the end of the day , marketcap is not decided by features/codes/development , but the capitals willing to bet on it .

Yes, and at the end of the day all those coins with stagnant development will have a shitcoin's fate.




Offline btswildpig

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Re: Ethereum price discussion
« Reply #357 on: February 16, 2016, 10:22:25 am »
When BTS has millions of dollars to waste on and the devs was paid handsomely and big things fake news came out frequently , BTS still didn't beat LTC . How do you explain that ?

Obviously LTC is a better coin! (LOL)




Doge market cap is multiple times of BTS with no development at all , how do you explain that ?

No development at all will give us a HUGE advandage against our "competitors" and also a higher market cap! LETS DO IT! (LOL 2.0)



Ethereum is crazy nowadays , with more features than BTC . But do you honestly believe Ethereum could have even a slight change of replacing Bitcoin's marketcap ?

Does this count as  YES?





At the end of the day , marketcap is not decided by features/codes/development , but the capitals willing to bet on it .

Yes, and at the end of the day all those coins with stagnant development will have a shitcoin's fate.



You simply forget one thing : Development can be copied in one second . Capitals can not . Dogecoin can have BitShares' feature by one click if in the future people do need features , and BitShares can't have Dogecoin's capital by one click .
这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.

chryspano

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Re: Ethereum price discussion
« Reply #358 on: February 16, 2016, 11:46:07 am »
You simply forget one thing : Development can be copied in one second . Capitals can not . Dogecoin can have BitShares' feature by one click if in the future people do need features , and BitShares can't have Dogecoin's capital by one click .

I might be wrong but I don't think that this is entirely true, for example if facebook decides to implement/host  bts wallets for their users we could have a huge inflow of capital, (I know my example its too far fetched  but removing development and the refferal program from the equation can drop the possibility of this to happen from X% to 0%)

I can't remember the exact numbers but the merger inflation is somewhat 12% and ends in 8 months, don't you think that the end of the merger era(12% dillution) will be more than enought for the price to recover? Do we really need that bad the 6% from development too? By messing with the 6% development imo we make more harm than good.

On topic, Ethereum has huge inflation right now,  but how would their price react if they(Ethereum) announced that they found a way to spent ALL this inflation to pay tens of EXTRA programers to improve ethereum? How would Bitcoin price react if they found a way to use their POW inflation (3600 Btc) to pay EXTRA programers too? Same question for LTC DOGE too.

Just my thoughts...

Offline JoeyD

Re: Ethereum price discussion
« Reply #359 on: February 16, 2016, 12:16:28 pm »
I agree with a lot of your points about bitshares Wildpig, especially the empty promises of big deals or big pushes hurting and the uncertainty of it all. But what I don't see is why that doesn't apply to ethereum.

I get that ethereum is infinitely better at marketing and community building, but I can't find any reason for the sudden price jump. There are quite a few considerable risky issues and unsolved problems, that would have caused massive outroars on the side of bitshares users and shareholders. An unspecified and encertain move to POS, as far as I can tell remaining issues with solving bandwidth and centralization (especially since they seem to hate the solutions and ideas that have been implemented in bitshares). Last I looked the pricing of "gas" is not resolved, which is kinda important if you want to have your scripts running at the same cost.

So where is this sudden spike in confidence coming from, where I'm seeing no less issues than people see in bitshares. Is it me, or does it sound a little backward to first make a complicated system and then move it to a different blockchain? It might be just me, but the ethereum blockchain sounds a little more involved than a timestamped database and when they hand wave their plans to upgrade the entire thing without even an attempt at a governance system like in dpos, not only sounds technically difficult to me, but also very hard to get concensus on. Hell if it's so hard in bitshares with it's attempts at inbuilt voting, how will it work in ethereum?

All this does not invoke me with the same confidence in ethereum, that "the market" apparently is seeing. Btw, is this price increase actual, or can this be an orchestrated pump? I'm not trying to diss ethereum, but the only other jump I've seen like this was with the ripple-manipulation, so I'm no longer able to bring myself to buy into these kinds of jumps. The thing is, if ethereum crashes hard, I'm kinda worried it will have a bad effect on all the so called bitcoin2.0 projects.