/biz/ - Business & Finance

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Anonymous Sat Jan 27 03:41:35 2018 No.6984526 [Reply] [Original]

This is something only oldfags can answer. When Ethereum first came out, what was the general consensus? Was it seen as 'the next bitcoin'? How many other 'the next bitcoins' were there at the time? Was it a sure bet to get rich or was there just as much FUD as with every new coin today?
In hindsight it seems like it was pretty much a guarantee this would moon. But when you browsed biz and other forums in 2015, what did you find?

>>	Anonymous Sat Jan 27 03:42:28 2018 No.6984540 I think you had to have a bit of an imagination to understand the implications that smart contracts could have

>>	Anonymous Sat Jan 27 03:45:26 2018 No.6984603 Shitcoin led by russian teenager. 2015 was a year filled with hundreds of new shitcoins that all promised the world. Have a look at eth price charts.

>>	Anonymous Sat Jan 27 03:45:54 2018 No.6984612 >>6984540 Sure, but in the end crypto is mostly about hype in the first place. I just want to know if this was basically the biggest thing in crypto since bitcoin back then.

>>	Anonymous Sat Jan 27 03:48:23 2018 No.6984652 bump

>>	Anonymous Sat Jan 27 03:51:38 2018 No.6984705 btw I think this year we will have the flippening

>>	Anonymous Sat Jan 27 03:53:46 2018 No.6984735 >>6984526 In New biz it would be treated as a scam coin

Anonymous Sat Jan 27 03:54:31 2018 No.6984747

Vitalic was a drug addict and just released from jail. His dad once used him for porn as he was a child, you still find photos in the dark web. Vitalic still is psychotic and he hates humans, but he loves code. You have to understand that back inna days ETH seemed to be a scam, created by a traumatized childporn star. Nobody hat a glue...

Anonymous Sat Jan 27 03:55:06 2018 No.6984756

>>6984526
Dude I watched the presale at $20 and passed.

I thought they were brilliant, but I never thought it could go mainstream. I always thought it would only be used by nerds.

I was right, but obviously I should have invested anyway.

Now I have EOS, it won't happen again. EOS will flip ETH and I'll make more money in the end even though I never really made anything off of Ethereum (I completely checked out for a few years)

>>	Anonymous Sat Jan 27 03:55:36 2018 No.6984766 >>6984705 Wasn't that supposed to happen in July 2017. Get off the dick mate

>>	Anonymous Sat Jan 27 03:56:51 2018 No.6984796 >>6984747 Nice fud. I rememberr those.

>>	Anonymous Sat Jan 27 03:56:51 2018 No.6984797 >>6984526 Just look in the archive man. Most people believed it was a scam that was going no where. Used to have a lot of the posts capped, pretty funny in hindsight. Wish I bought more back then.

Anonymous Sat Jan 27 03:57:59 2018 No.6984815

>>6984526
no it wasn't a sure bet. it was heavily fudded and met with a lot of scepticism not just on 4chan but all over. there has never been a sure bed. same as neo. its easy to think in hindsight "wow how come everybody didn't just stock up on these top coins when they were cheap".

and then you need to factor in not only buying ethereum, but actually being able to hold it. same with neo. think about all the people who dropped their stacks happy to walk away with x2, x5 even x10. its never as easy as it seems in hindsight.

Anonymous Sat Jan 27 03:58:09 2018 No.6984823

>>6984756
Do you really believe this?
I think eth has succeeded for two reasons, one being obviously it's tech, but secondly the first mover advantage. Same reason why bitcoin is still on top despite far superior challengers or forks. It's true first movers don't always dominate, but it would take some big big changes for something to overtake eth and be the smart contract platform of choice. Maybe if ICOs start happening on it, as they have with NEO recently, but I'm not so sure.
Just food for thought.

>>	Anonymous Sat Jan 27 03:58:14 2018 No.6984825 It was during a time when all altcoins were shit scam coins except for a very few

Anonymous Sat Jan 27 03:59:27 2018 No.6984843

>>6984815
there are even old bitcoin talk threads on ethereum where people conducted polls on who thought ethereum was a scam or not lmao. not even just disbelief in the project, but legitimate concerns it was a scam. the results were like 60-70% of people in favour of it being a scam IIRC

>>	Anonymous Sat Jan 27 03:59:37 2018 No.6984845 >>6984766 There were a few delays. >tether printers going into overdrive >Segwit2x countdown (lol cancelled) >free coin forks BTC is on life support, but you can't keep a vegetable relevant forever.

>>	Anonymous Sat Jan 27 04:00:07 2018 No.6984853 >>6984815 jumping off this, was there other smart contract coins that were fudded appropriately and disappeared, or hyped then failed, back then?

Anonymous Sat Jan 27 04:00:53 2018 No.6984870

>>6984756
yeah, i don't know where you're getting this idea. eth has a roadmap to scale, already has a huge developer community, tons of dapps in progress...it's going to take a lot more than a slightly different, slightly improved (???) version of ethereum to flip ethereum.

i mean look at bitcoin. it's a piece of shit lol.

>>	Anonymous Sat Jan 27 04:00:54 2018 No.6984872 >>6984825 Not so different from now then. I'm always beating myself up over not investing back then, but I guess I would've thought everything was a scam anyway if I had known crypto.

>>	Anonymous Sat Jan 27 04:01:14 2018 No.6984878 >>6984526 People thought it was a scam, yeah.

Anonymous Sat Jan 27 04:02:10 2018 No.6984895
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it was "just another shitcoin" that was "overpriced" at 9$, as well as 20$...

you can't trust this board long-term
short-term maybe... even a retarted chicken sometimes finds a corn, you know...
/biz/ is that chicken

pic related. it's the average /biz/-poster (minus the spoons, of course. pic rel. is actually a super-rare "spoon pajeet")

>>	Anonymous Sat Jan 27 04:04:26 2018 No.6984944 >>6984612 Everything is hype driven these days, just look at Iphone 4,5,6,7,8,x c,s,se or hundreds of other phones which do the exact same thing with same features. If the consuming trend say you have to buy the next one then you have to buy it.

>>	Anonymous Sat Jan 27 04:05:08 2018 No.6984960 >>6984526 There was a fuck tonne of fud on bitcointalk which I unfortunately listened to and dumped my bag of over 5,000 ETH Seriously if you know your coin is going to moon, just hold it and stay offline. So many pathetic fucking vultures in crypto.

>>	Anonymous Sat Jan 27 04:05:23 2018 No.6984965 [-: Anyone seeing parallels to iota? :-]

>>	Anonymous Sat Jan 27 04:06:22 2018 No.6984984 >>6984526 They way people felt about Ethereum then, is the way that people feel about Turtle now. TURTL is up next!

>>	Anonymous Sat Jan 27 04:06:26 2018 No.6984987 >>6984823 Pretty much, I only have 20% in EOS now, because other stuff should outperform in 2018. But by 2019 EOS and ETH will battle for #1. Not sure why EOS wouldn't ultimately prevail.

>>	Anonymous Sat Jan 27 04:07:41 2018 No.6985005 >>6984870 >i mean look at bitcoin. it's a piece of shit lol. Literally nothing matters in this market!

>>	Anonymous Sat Jan 27 04:08:15 2018 No.6985012 >>6984965 No. Just no

>>	Anonymous Sat Jan 27 04:08:17 2018 No.6985013 >>6984747 This reminds a lot about FUD on another coin and it's lead developer.

>>	Anonymous Sat Jan 27 04:09:23 2018 No.6985034 >>6984870 But it literally doesn't scale. All this devs will have to switch. The ones that want to survive. I don't think you will ever make EOS scale at this point. It still might outperform EOS in 2018. 2019 no.

>>	Anonymous Sat Jan 27 04:10:38 2018 No.6985056 >>6984756 >presage a true $20 on eth..? I remember buying at $8 and i was a latecomer >>6984853 lisk, still around but not relevant

>>	Anonymous Sat Jan 27 04:11:04 2018 No.6985062 >>6985056 Yeah it went down. A lot

>>	Anonymous Sat Jan 27 04:12:23 2018 No.6985086 And I'm just sitting here quietly mining Akroma...

>>	Anonymous Sat Jan 27 04:16:59 2018 No.6985161 >>6984756 The fuck are you talking about? ETH ICO was 31 cents

>>	Anonymous Sat Jan 27 04:18:04 2018 No.6985184 File: 35 KB, 545x227, 1517039071349.jpg [View same] [iqdb] [saucenao] [google] >>6984960 Biz too....

>>	Anonymous Sat Jan 27 04:24:20 2018 No.6985306 >>6984987 eth has a massive scalability upgrade planned for 2018 on their roadmap. so the competition might be steeper hen you think

>>	Anonymous Sat Jan 27 04:25:13 2018 No.6985334 File: 227 KB, 750x500, image_uploaded_from_ios.jpg [View same] [iqdb] [saucenao] [google] >>6984747 Guess I'm having a deja vu

>>	Anonymous Sat Jan 27 04:27:17 2018 No.6985369 >>6985184 I hope to god this fucker didn't sell early. I'd probably just kill myself if all I had to do to be a multi-millonaire was wait 2 years and I fucked it up.

>>	Anonymous Sat Jan 27 04:29:10 2018 No.6985408 >>6984965 why do people invest in orwellian danger coins that threaten our existance? do you people even think about that? iota is an evil coin

>>	Anonymous Sat Jan 27 04:29:20 2018 No.6985413 >>6985369 lets be real, he most likely sold at 5$ or even 10$ if he were lucky the DAO hack pretty much cut eth's price in half and many people panic sold

Anonymous Sat Jan 27 04:33:10 2018 No.6985512

I don't think any platform can beat out ETH. First mover advantage and the network is too extensive and heavily used. Newer blockchains will pop up and grow alongside the ethereum blockchain and you'll probably make gainz here but nothing like 1-2000x again. You will probably see 50-200x still.

A lot of platforms are making claims about scalability and being blockchain 3/4.0 but these are just pie in the sky promises.

There's just too much competition now. Unless your coin has a very niche area they specialize in they arent going to be big winners

>>	Anonymous Sat Jan 27 04:33:10 2018 No.6985513 >>6984756 Full of absolute shit, Eth was pennies to begin with.

Anonymous Sat Jan 27 04:39:23 2018 No.6985652

I wasn't aware of the fundraising back in 2014, but the mainnet release in Aug 2015 was a big deal. You could tell because the hype was leaking to other boards. I first became aware of it because there were a few threads on /g/.

Those were different times though, and it was much easier to distinguish signal from noise back then. The next ETH could be right under our nose now but we wouldn't notice it because of all the flotsam.

There wasn't a complete consensus about ETH but a lot of people were saying this was your chance to redeem yourself if you missed BTC. I know that /biz/ gets shit on for being retarded but there are a lot of genuinely savvy people here and apart from knowing that ETH would be big, they knew WHY it would be big, presaging the ICO craze.

ETH was by no means a sure thing in 2015 though, it was still just a gamble. Arguably it was in late 2016 when we were getting the first ICOs that the impending moon became obvious.

>>	Anonymous Sat Jan 27 04:42:26 2018 No.6985718 File: 234 KB, 393x405, no.png [View same] [iqdb] [saucenao] [google] >>6984756 >presale at $20

Anonymous Sat Jan 27 04:42:38 2018 No.6985723

>>6984526
True oldfag here.

Yeah, ETH was being shilled on every single thread. Fell for the meme and dumped $300 (around december 2015) into it.

Those $300 turned into $200k and I'll be forever grateful with /biz/.

That said, /biz/ now is garbage. There's no clear investment advice, just a bunch of shitcoin shilling and scams.

>>	Anonymous Sat Jan 27 04:45:36 2018 No.6985787 >>6985723 I also bought a 5K car the same month I bought ETH. If I had dumped those 5K into ETH I would be a multimillionaire now. Fuck.

Anonymous Sat Jan 27 04:57:27 2018 No.6986021

I didn't browse /biz/ or cared much for crypto until recently but I do have plenty of tech- and business-savvy friends and the three times I heard of a bitcoin level opportunity were:
LTC at <2$ ("it's a bitcoin but better")
ETH at <5$ ("this is all the new rage in blockchain")
ANT at <5$ ("it's ETH, but for China")
I bought the first two and all I wish for is that I had bought more.

>>	Ven, Bro Sat Jan 27 04:59:33 2018 No.6986065 >>6984526 It was attacked like VEN and XLM are now..

>>	Anonymous Sat Jan 27 05:00:44 2018 No.6986078 >>6984853 Yes, Counterparty. People were backing it as opposed to ETH in many cases.

>>	Anonymous Sat Jan 27 05:03:39 2018 No.6986129 ever wonder why the quality of biz keps getting worse? because the people capable of making money who wernt late all left

Anonymous Sat Jan 27 05:05:34 2018 No.6986177

>>6984526

When I first heard about Ethereum it was all about the tech and the possibilities but it was a bit too futuristic and I don't think even the early adopted fully understood it. I didn't even know it was a "coin" until months after and not many people that cared about it saw it as currency.

Looking back on it, I wish I had seen the potential earlier. It was probably around $1 at the time.

>>	Anonymous Sat Jan 27 05:06:53 2018 No.6986204 I remember watching the trailer video when it came out and thought, "This thing is faggy as hell" That video was very faggy at the time. It looked like an ad for five gum.

>>	Anonymous Sat Jan 27 05:09:16 2018 No.6986251 File: 10 KB, 236x230, 14123523423.jpg [View same] [iqdb] [saucenao] [google] >>6985369 This is my great fear. What if ADA or XLM or any other coin have the same trajectory one day and I sell too early? But maybe they won't and $1 is as good as it gets.

>>	Anonymous Sat Jan 27 05:14:29 2018 No.6986361 >>6986251 Well I done it with ETH and XMR dumped both for pennies, would be worth somewhere between 15-20m today. Fudders are fucking scum.

>>	Anonymous Sat Jan 27 05:18:00 2018 No.6986436 is NEO the next ETH?

Anonymous Sat Jan 27 05:22:30 2018 No.6986530

You just have to choose and hold for 2 years no matter what. It's unlikely you chose so terribly you actually lost all your money unless it was a scam.

From what I hear a lot ETH was both heavily shilled and FUDed much like another coin today I won't bother mentioning.

Anonymous Sat Jan 27 05:25:53 2018 No.6986614

>>6986530

Well holding can be the optimal strategy depending on what point in the market you enter. ETH was released at the bottom of a very long bear market. The only way for it to go was up.

The difference with LINK is that it's being developed at the peak of a massive bear market so holding might not help.

Anonymous Sat Jan 27 05:26:05 2018 No.6986619

ETH was ever attacked by bitcoin maximalists
Everyone saw thru that bullshit
Only DAO hack caused lost confidence in smart contracts

ETH was loverboy of developers as it is now. ETH was what BCH is doing now, leaving the screaming retards alone to scream scam and fud, while eth and bch is advancing technology, they stagnate

>>	Anonymous Sat Jan 27 05:26:13 2018 No.6986625 >>6984756 If anything it'll be NEO competing with ETH's marketcap this year

>>	Anonymous Sat Jan 27 05:29:15 2018 No.6986687 >>6984756 >EOS Im going with AE but good luck mate, 3rd gen is the way to go. Also have but in UBQ as I like what their doing too

Anonymous Sat Jan 27 05:31:44 2018 No.6986748
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>>6984747
OK so this is the kind of fud that happen with ether, well fuck me!! The oldfags that told me about chainlink months ago were right, starting to see the same wild fud!! Any old fag here that shilled me link, thank you

Anonymous Sat Jan 27 05:41:08 2018 No.6986943

>>6985723
I was the first person to start shilling ETH on /biz/. I posted in every thread for about 2 months the words “buy ethereum” because I happened to be smoking a lot of weed over Christmas 2015 This was when nobody on /biz/ knew what the fuck ethereum was. Then every thread became about ethereum. This was down to me.

And then I brought over more backup from reddit and the shilling became stronger.

>>	Anonymous Sat Jan 27 05:42:40 2018 No.6986979 >>6986530 >From what I hear a lot ETH was both heavily shilled and FUDed much like another coin today I won't bother mentioning bzc?

>>	Anonymous Sat Jan 27 05:43:50 2018 No.6987003 I thought I should buy when it was €6. I was ready to drop 2000 but I never did and forgott about it.

>>	Anonymous Sat Jan 27 05:44:56 2018 No.6987024 >ETH is a mess

Anonymous Sat Jan 27 06:03:03 2018 No.6987327

I did't browse /biz/ at the time, but was interested in crypto. I've been buying acid off darnet for a few years now, so that got me interested.
>tfw remember when BTC was a couple of $
>tfw remember when ETH was pennies
>tfw remember when i tried to mine LTC when it came out, but gave up because i couldn't be bothered to learn how
>tfw had the money to invest in shit, didn't, then wanted to when i lived paycheck to paycheck

Live and learn. Next best time to plant a tree yadda yadda. Lets hope the bubble doesn't pop before XLM moons, that is literally my last chance

Anonymous Sat Jan 27 06:26:18 2018 No.6987711
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Super oldfag and ETH whale here. I remember when the white paper came out in 2013, written by a 19 year old kid. Back then, you had bitcoin, the absolute king, and everything else was a complete shitcoin, with just a tweek to block times or rewards or some shit. ETH felt different, but because nearly everyone was a Bitcoin maximalist then, they put down Ethereum as a pre-mined scam. Mind you, in 2014, pre-mined scams were not uncommon. I came around to Ethereum in late 2015 when I examined the potential, and realized that Bitcoin would not do what Ethereum could, without scaling, and seeing a debate on scaling brewing, I calculated that Ethereum would implement its platform before bitcoin, that it would be game-changing, so the growth potential would be higher- even without the Flippening.

>>	Anonymous Sat Jan 27 06:33:04 2018 No.6987830 >>6987327 >Lets hope the bubble doesn't pop before XLM moons, that is literally my last chance shill moar, faggot

>>	Anonymous Sat Jan 27 06:33:38 2018 No.6987841 >>6987830 Back to /b/ with you please

>>	Anonymous Sat Jan 27 06:40:34 2018 No.6987939 >>6984526 I clicked on /biz/ for the first time in march of 2016. ETH was shilled all over this place. It was THE coin and had the best original content.

>>	Anonymous Sat Jan 27 06:41:15 2018 No.6987950 >>6986614 >The difference with LINK is that it's being developed at the peak of a massive bear market so holding might not help. So there's still a chance to acquire LINK at a low price? Very nice. >>6987841 kek

>>	Anonymous Sat Jan 27 06:42:00 2018 No.6987958 >>6984526 It was a mix of 'BUY ETH' and 'RUSSIAN SCAM'

Anonymous Sat Jan 27 06:43:40 2018 No.6987982
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>>6984526
Some ETH whale shilled the fuck out of ETH on /biz/ here during Dec. 2015.

He gave out 1-5 ETH to people posting their address, at the time that would've been worth about 2 usd.

At that time BTC was king and everything else was pure shit. Go back in time on CMC and look at the volumes and marketcaps on other coins around at the time.

BTC just dominated the scene and it was clear that 99% of the crypto community was totally blindsighted. All blindly following BTC, the halvening was a big event about to happen at the time.

Not a lot of people understood the implications of ETH, and without ETH's rise later in 2016 it wouldn't have been possible for all the other alts to be where they are now.
ETH showed BTC it was outdated, slow, basically dieing tech. From that point on ETH inspired a lot of alts to be created. However, ETH has the best and biggest dev community, the most well defined roadmap and usecase. Besides that it also has a massive headstart on all other solutions trying to copy it.

I'm expecting ETH to take over the #1 spot very soon (before this summer) and reach a value of 5000-10000 before EOY. After the craze that was 2017 partnership announcements, copypasted whitepapers and shiny websites won't cut it anymore.

This year will be about the actual usecase and transaction amount (spoiler: ETH is the only blockchain actually being used for millions of transactions).

When Scaling will be -completely- solved in the second half of this year and full staking of ETH will be introduced, you better hold onto your butts because the price is going to Voyager I levels. (hint: look at what happened to Dash's price after masternodes got introduced, and it's a useless coin otherwise).

tl;dr: you're missing out on the biggest investment opportunity in crypto and possibly any scene for the coming 10 years if you don't at least hold a few ETH right now.

Bonus tip: we're about to break out from a pennant on ETH/FIAT. Sharp pricerise is incoming

>>	Anonymous Sat Jan 27 06:47:53 2018 No.6988029 >>6987982 I fully agree with everything that you say, I only wish I had more money to put into ETH. I'm holding 35 ETH and I don't think that'll be enough.

>>	Anonymous Sat Jan 27 07:37:34 2018 No.6988831 File: 50 KB, 400x434, 1516714445392.jpg [View same] [iqdb] [saucenao] [google] >>6986436 Who knows?

>>	Anonymous Sat Jan 27 07:41:21 2018 No.6988897 bump

>>	Anonymous Sat Jan 27 07:50:28 2018 No.6989045 >>6987711 Smart Anon Rarity around here Whats your next prophecy? Stellar, Ada, RaiBlocks?

>>	Anonymous Sat Jan 27 07:54:02 2018 No.6989101 >>6989045 >my oh my, someone that knows what theyre talking about! >a rare breed these days, i say God you fucking newfags piss me off

>>	Anonymous Sat Jan 27 08:02:03 2018 No.6989234 >>6987711 Well done brah you deserve good things

>>	Anonymous Sat Jan 27 08:08:40 2018 No.6989358 File: 43 KB, 702x659, timeline.png [View same] [iqdb] [saucenao] [google] I always had faith despite the doubters. I got laughed at, but look who's laughing now

>>	Anonymous Sat Jan 27 08:15:07 2018 No.6989472 >>6984526 by OG bitcoin holders, ethereum was seen as a scam, and it still is.

>>	Anonymous Sat Jan 27 08:17:13 2018 No.6989510 >>6987711 you're wrong faggot. ETH is doomed.

>>	Anonymous Sat Jan 27 08:19:57 2018 No.6989568 >>6984987 why would it prevail? ETH is closing in on sharding, at that point it's too late

>>	Anonymous Sat Jan 27 08:26:44 2018 No.6989712 >>6987982 Very interesting. Thanks anon

>>	Anonymous Sat Jan 27 08:28:09 2018 No.6989736 >>6986625 t. long Wang

>>	Anonymous Sat Jan 27 08:29:40 2018 No.6989760 File: 159 KB, 1280x720, big_1506869136_image.jpg [View same] [iqdb] [saucenao] [google] I have 110 ETH, should I just hold onto it and not fuck with anything else? I just want to reach $1 million, I can wait a couple years if need be.

>>	Anonymous Sat Jan 27 08:31:33 2018 No.6989799 >>6989712 i'm also an oldfag and he's just shilling to you. don't listen to him.

>>	Anonymous Sat Jan 27 08:32:35 2018 No.6989818 >>6986748 prajeet scam

>>	Anonymous Sat Jan 27 08:33:19 2018 No.6989827 >>6989760 trade for BTC and hold for 3-4 years. screencap this

>>	Anonymous Sat Jan 27 08:33:54 2018 No.6989835 >>6984526 More or less the same experience link gets now. A complete dichotomy of extreme fud and extreme loyalty.

>>	Anonymous Sat Jan 27 08:34:27 2018 No.6989849 File: 134 KB, 1500x844, 1513679000678.jpg [View same] [iqdb] [saucenao] [google] >>6989827 I already have 1 BTC (not much, I know) but I honestly just don't think BTC has much of a future.

>>	Anonymous Sat Jan 27 08:35:32 2018 No.6989864 >>6987982 I like you. >pls be in london

Anonymous Sat Jan 27 08:36:28 2018 No.6989876
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>>6985512
Is EOS is going to ruthlessly murder Ethereum WITH NO SURVIVORS? Of course!

Even when ETH scales it will still require transaction fees. EOS has a $1 billion VC capital injection program.

If you didn’t buy a lot of EOS for under a dollar you should really reconsider if crypto is for you.

>>	Anonymous Sat Jan 27 08:38:16 2018 No.6989903 >>6989876 Stop shilling this crap in every thread, Pajeet

>>	Anonymous Sat Jan 27 08:38:22 2018 No.6989906 >>6984965 Lol just look at the replies you're getting. Yes IOTA is the future, plain and simple.

Anonymous Sat Jan 27 08:39:25 2018 No.6989921
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>>6989876
Eh, saying EOS is going to murder ETH is like saying BCH is going to murder BTC - it's simply not going to happen.

ETH has a way bigger development team, bigger names back it, and ETH will solve it's scaling issues - not a matter of if, just a matter of when.

>>	Anonymous Sat Jan 27 08:40:26 2018 No.6989934 File: 23 KB, 676x483, IMG_1224.jpg [View same] [iqdb] [saucenao] [google] Is ICX good too? I have 3k not sure if I'll make desu

Anonymous Sat Jan 27 08:43:17 2018 No.6989975 [DELETED]

Coinmetro is having a flash presale for their upcoming ICO.

The password to get in is- (Hardcap)

Coinmetro is an exchange that’s planning on accepting fiat... I think it could be big and follow the lines of kucoin and binance

if you’re interested, use my code so we both get a bonus
go.coinmetro.com/?
refId=5a5a99547edf7210aa11551b

>>	Anonymous Sat Jan 27 08:43:18 2018 No.6989977 >>6985056 Lisk is gonna wreck eth gains this year

Anonymous Sat Jan 27 08:43:33 2018 No.6989982

>>6989921
Cool. Good luck building a Facebook clone on top of Ethereum.

Oh right, you can’t do that because Ethereum requires transaction fees and EOS doesn’t.

I was the only EOS shill on /biz/ for months. This isn’t a low market cap shitcoin I’m trying to bag dump on /biz/

Talking about EOS on 4chan has no impact on EOS.

Tl;dr Ethrereum will always require transaction fees and will be made obsolete by EOS which is the optimal blockchain

>>	Anonymous Sat Jan 27 08:44:51 2018 No.6990010 Back in Jan 2017, many people said this was 2nd to bitcoin. And it basically turned out to be, for the majority of the year. FUUUAAARRRKKK

>>	Anonymous Sat Jan 27 08:49:13 2018 No.6990070 >>6985306 I'm holding both, but have a bit more ETH, I think it's a safer plan

>>	Anonymous Sat Jan 27 08:49:34 2018 No.6990078 ETH was as soon as it was on coinmarketcap the top 4 coin. Look at 4th September 2015. Few weeks before it was not even on coinmarketcap. How did this happen so fast?

>>	Anonymous Sat Jan 27 08:50:14 2018 No.6990090 It was seen as a scam (it actually is).

>>	Anonymous Sat Jan 27 08:52:21 2018 No.6990133 >>6989982 Syscoin blockchain can do that as well once ICO platform is out. There's more that are developing platforms to do this better, that's why I'm not interested in EOS.

>>	Anonymous Sat Jan 27 08:52:44 2018 No.6990141 >>6984756 XBY will beat EOS to the punch

Anonymous Sat Jan 27 08:53:27 2018 No.6990151
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>>6989045
I think I got exceptionally lucky. The field wasn’t as crowded back then, Ethereum genuinely stood out. There are a lot more cryptos now and there is a lot of speculation. There were plenty of good ideas in the early internet days and VCs were shitting money all over anything with .com after it, just like “blockchain” makes people go nuts now. There is a lot to learn from the dot coms, in determining the winners and the losers now. I’m quite comfortable with my Ethereum position. I think XLM looks good, but I don’t have much hope for EOS and ADA, mostly because of Hoskinson and Larimer. Larimer was well positioned to make BitShares into what Ethereum actually is and he couldn’t pull it off. XRB looks like a good project but I don’t know much about who is behind it. A project has to have a good idea, market demand and a good team, not just developing the product but marketing it. Take a closer look at the people through normie glasses.

>>	Anonymous Sat Jan 27 08:54:16 2018 No.6990164 >>6984823 Opinion on XBY then? Dapp platform projected to reach over 10k tps, be a DEX, ICO listings, SHA512, scalable fees, language agnostic.

Anonymous Sat Jan 27 08:55:01 2018 No.6990182

>>6984526
Old fag here. Bought 250 at 8 bucks hue. I used to shill /biz/ with Ether-Harold and everyone called it shilling and shitposting.

Yes, there was a shit ton of FUD. I remember when it pumped between 18 and 30 and faggots here would say it was dead when it dipped below 20 kek.

>>	Anonymous Sat Jan 27 08:55:20 2018 No.6990191 File: 23 KB, 817x715, 2018-01-27_14h53_52.png [View same] [iqdb] [saucenao] [google] >>6984526 Found a very old strawpoll from 25 July 2016. Amazing to look at this today. http://www.strawpoll.me/10827374/r

>>	Anonymous Sat Jan 27 08:55:57 2018 No.6990198 >>6990010 >FUUUUAAAARRRK Sick cunt brah

>>	Anonymous Sat Jan 27 08:56:09 2018 No.6990203 >>6990090 How they handled the Dao hack was a mistake. Long term ethereum will not survive.

>>	Anonymous Sat Jan 27 08:58:25 2018 No.6990243 Old fag here... the closest example would be link... all the fud around link but at the same time die hard bag holders and on the top a Russian scam artist. Kek link is the next ETH

>>	Anonymous Sat Jan 27 08:58:37 2018 No.6990248 >>6985334 The difference is Link is a token not a coin.

>>	Anonymous Sat Jan 27 08:58:54 2018 No.6990253 >>6990078 When ETH passed LTC, it was a massive flippening for that time. The salt on the LTC forum was insane.

>>	Anonymous Sat Jan 27 08:59:00 2018 No.6990254 >>6986251 I have a theory about ADA. Anytime someone calls a coin the "ETH of ______," you buy it. It worked for NEO, it worked for ICX and hopefully it will payoff for ADA.

Anonymous Sat Jan 27 08:59:29 2018 No.6990261

Does it actually do anything still? The idea is solid, but I only saw a few threads on /g/ and labeled it off as a gimmick that might maybe do a 2x at some point when it sees actual use. Now it's like 1000x from that.

Apart from ICOs, the real-world impact of Ethereum is still fairly limited so the price is just the result of hype. How many applications are there that benefit enough from trustlessness to pay the huge premium of running code on Ethereum? We trust banks and legally certified entities already. What are some concrete use cases where ETH would excel over some trusted party doing the same thing?

>>	Anonymous Sat Jan 27 08:59:45 2018 No.6990265 >>6990191 Proof to never listen to /biz/.

>>	Anonymous Sat Jan 27 09:00:45 2018 No.6990276 >>6986021 >wow, exactly the same here, crypto soulmate what are you buying these days anon?

>>	Anonymous Sat Jan 27 09:06:14 2018 No.6990365 >>6990182 "Old fag" "Bought at $8" Youre just a regular faggot

Anonymous Sat Jan 27 09:06:17 2018 No.6990367

>>6990203
Put the DAO in perspective, it was the largest crowdfund in the world. The hardfork to refund the ETH that was stolen was heresy to a purist, but normies are not purists, to the public what the foundation did makes sense.

Vitalik did say later that it was only possible because the network was so young, and they won’t be able to keep bailing out fuckheads who can’t secure their contracts.

Anonymous Sat Jan 27 09:12:13 2018 No.6990478

>>6984540
it's actually extremely obvious imo
i heard of crypto in 2011 but dismissed it because it was just bitcoin
read an article about eth in march last year and things instantly clicked
perhaps the journalist explained it well, but idk, how can you not see the value proposition in replacing basically every intermediary in the world?
admittedly most people have little understanding of business in an abstract sense, and this includes even most businessmen
but the only concern one should have ever had with ethereum is not "is the idea valuable?" but "do the people working on it have the potential to deliver / is this implementation structurally sound". admittedly that's a harder question to answer, but you'd have to be an utter moron to have heard about eth in 2016 and not throw $1000 or 1% of your networth at it (whichever is greater)

Anonymous Sat Jan 27 09:15:39 2018 No.6990546

>>6990478
Can you address this? >>6990261

And desu I was gonna drop 6k$ on ETH on coinbase when it was 8$. I decided to do that, but put it off for a few weeks because I couldn't be assed to do the SEPA transfer. When I finally got around to buying, ETH was 300$. Not a good moment

>>	Anonymous Sat Jan 27 09:17:45 2018 No.6990590 >>6990265 Actually, moderately listen to /biz/.

Anonymous Sat Jan 27 09:22:26 2018 No.6990676

>>6990546
nope
I've tried to explain the idea to many people around me, only a very few get it, and I can hardly take credit because they're all smart people with 40+ year business backgrounds
whatever it takes to make it click, i'm not a good enough communicator myself

>>	Anonymous Sat Jan 27 09:25:24 2018 No.6990717 >>6984526 Lot of ppl thought that it was a scam ETH videos on youtube felt like it too, like a well executed scam, though you could mined it so there wasnt that much risk attached Also Vitalik felt scammy too, and he was like 20 y/o or something

Anonymous Sat Jan 27 09:27:01 2018 No.6990749

>>6990676
That's my problem here, Ethereum still has so limited use and no matter how hard I try I just simply don't see that many big use cases for it in the real world. Nobody ever explains those either. The fundamental price of ETH can't be very huge because it's only needed as gas, so anything else must be hype factor. And that can kinda go both ways

Anonymous Sat Jan 27 09:29:30 2018 No.6990789

biz was unanimously into it. everyone knew it would be huge and wherever discussion and fud came up approvers would outnumber fudders dramatically. biz sold me on eth and i got in at 9$.

since then i've thought very highly of the biz hivemind. but i doubt there will ever be again such a consensus on any future coin.

>>	Anonymous Sat Jan 27 09:33:51 2018 No.6990870 >>6990248 Blockchain agnostic.

>>	Anonymous Sat Jan 27 09:34:12 2018 No.6990875 >>6986943 what are your bets for next years?

>>	Anonymous Sat Jan 27 09:34:28 2018 No.6990880 >>6990789 >but i doubt there will ever be again such a consensus on any future coin Heh.

Anonymous Sat Jan 27 09:39:52 2018 No.6990999

>>6990749
Problem is if Ethereum's use is just for gas, then it's price is arbitrary. If it's $1000, then gas price goes down to compensate. If it's $1, then gas price goes up to compensate, because miners pay costs in fiat. So even if ethereum is super useful, ethereum's price could still be a dollar.

>>	Anonymous Sat Jan 27 09:42:07 2018 No.6991050 >>6990789 >> he doesn't own any Chainlink

Anonymous Sat Jan 27 09:42:18 2018 No.6991054

>>6990789
>biz was unanimously into it
No they weren't it was a bunch of Buy ETH and Lamboland boys posts. Then BTC fanboys would always mock them about how if it's Turing complete, it could be exploited for a day 0 attack. Then the DAO got hacked, hardfork happened, the rest is history

Anonymous Sat Jan 27 09:47:34 2018 No.6991194

>>6990999
Yeah, mostly the same case for all utility tokens. And ETH is the most highly valued of all of them. ETH devs acknowledge that ETH was never supposed to be a currency, but its valuation is still really high right now. It's not gonna get used as a currency, there's not gonna be that much of a demand for it, so why do people generally think that it's certain to keep its current valuation or go up? The price is mostly hype and in a sense there's nothing wrong with that, but I'm just saying that the fundamental use doesn't really guarantee the prices staying up since hype can be fickle

>>	Anonymous Sat Jan 27 09:48:05 2018 No.6991209 >>6990261 Shhhhhhhhhhh, you're gonna get us kicked out the party

Anonymous Sat Jan 27 09:53:26 2018 No.6991320

>>6991194
I think it would be better if ethereum had a very low and stable price. Then developers could keep their funds in ethereum without having a large exchange rate risk. If it works, ether will slowly becomes as mundane as filling your car up with gas.

>>	Anonymous Sat Jan 27 09:54:57 2018 No.6991364 >>6984526 ETH is decentralized. Someone put a hit out for money skelly. Short ETH 100X on bitmex. Easy 100X.

>>	Anonymous Sat Jan 27 09:55:49 2018 No.6991377 >>6991054 How did biz react to the hardfork and ETC?

>>	Anonymous Sat Jan 27 09:57:50 2018 No.6991416 >>6991364 >short >100x lol good luck my man

Anonymous Sat Jan 27 09:59:39 2018 No.6991456

>>6991320
Sure, but that's gonna happen after the crypto hype has calmed down and Ethereum has finally solved its issues. There's really no saying what the prices of any crypto are gonna be then. I'd like to just keep going with the hodl meme but the entire market is looking like a big gamble right now. The biggest upside is that the resources we are trading are limited, so maybe they do have a shot at challenging gold as an anti-inflatory investment.

>>	Anonymous Sat Jan 27 10:00:31 2018 No.6991468 The day it got shilled here I called people Ether Cucks. I didnt buy that day. Now my portfolio is +75% ETH

>>	Anonymous Sat Jan 27 10:01:04 2018 No.6991483 they used to call it DETH reminds me of what people are saying about REQ nowadays food for thought

>>	Anonymous Sat Jan 27 10:03:11 2018 No.6991529 >>6991456 lets wait for 10trillion market cap, then jump ship

Anonymous Sat Jan 27 10:04:24 2018 No.6991558

>>6984526
nothing was the "next bitcoin" back then. bitcoin was the king shit and everything else was firmly an alt. we all knew ETH was different but when it reached $10-15, most big holders were selling. I sold 275 at $15 and thought I was a pro. then bitcoin forgot to scale its network and it's the shit king now on the verge of being flipped, things change quickly.

Anonymous Sat Jan 27 10:10:37 2018 No.6991678

>>6990999
> If it's $1000, then gas price goes down to compensate. If it's $1, then gas price goes up to compensate
this has absolutely nothing to do with the valuation of ETH? ETH could be worth 1 billion a piece - and as you say - gas prices would just adjust to fiat values

Anonymous Sat Jan 27 10:12:21 2018 No.6991716

>>6991529
I'm not so sure about that. General awareness is probably way more important than the absolute market cap number. Pretty much everybody knows about crypto and even altcoins after this latest bull run, and probably a huge share of those people already got in. How many new people are seriously gonna come in at this point? Something needs to change about the scene for that to happen and crypto has to become more useful, otherwise we reached peak bubble already.

Anonymous Sat Jan 27 10:15:57 2018 No.6991789

>>6991456
>Sure, but that's gonna happen after the crypto hype has calmed down
it will never happen at this rate - demand for ETH will increase as staking and sharding is implemented, which drives the price up

>Ethereum has finally solved its issues.
All cryptos have a scaling problem (unless they're centralized) - Ethereum is easily the safest best for first-to-sharding (1100+ tx/s onchain capacity), and that will put them so far ahead of the competition it'll take a miracle to overthrow it in the near term

point is this: if ETH can deliver on it's roadmap, it could 10-100x (and beyond, eventually?), thinking it'll go back to 1$ ever is absolutely retarded

>>	Anonymous Sat Jan 27 10:16:35 2018 No.6991802 >>6990789 What do you think of LINK

Anonymous Sat Jan 27 10:17:55 2018 No.6991837

>>6991716
thats the similar dot com bubble $$ levels, thing is crypto hasnt debts like dot com companies had and crypto can become a beta to investor portfolios, so institutional money will buy it for real.
MArket cap is just a reference number anyway, im not meaning that will be there real 10trillion $$ money in it

>>	Anonymous Sat Jan 27 10:22:53 2018 No.6991948 >>6985334 Chainlink is the most shilled coin here dunno what you’re talking about. The most fudded is OMG,DRGN, and STRAT

Anonymous Sat Jan 27 10:30:47 2018 No.6992118

>>6984526
This is a good thread
So basically ETH was a project with huge potential but made by some 20 year old basement skelly
It would be easy to think that it would not pan out well. Honestly I don't even hold LINK but it sounds like the 2 have their similarities.

>>	Anonymous Sat Jan 27 10:31:25 2018 No.6992139 >>6991948 those u cited are hardly mentioned here at all

Anonymous Sat Jan 27 10:33:21 2018 No.6992185
File: 1.01 MB, 5992x6899, 1515121793375.png [View same] [iqdb] [saucenao] [google]

>>6989760
Take 10 of those ETH and buy however much ChainLINK (pic related) that gets you; it's a tiny portion of your portfolio which has about a 50% of 100x, 30% of 10x, 5% 2x & 15% 0x (approximately) -- at current exchange rates with fees, 10 ETH will get you nearly 14,000 LINK -- meaning you risk practically nothing for a decent shot at making a cool million.
>but that's not what I would do
I'm fucking hardcore; I would dump HALF of my Ethereum into ChainLINK if I were in your shoes, no lie (and I would just keep the remaining ETH because that's gonna 10x in the next 2 years).

Anonymous Sat Jan 27 10:36:40 2018 No.6992246

2012 here.

When eth first came out there was a vocal minority saying it would be huuuuuge, most were sceptical and thought it could be replicated.

I think there was a genuine lack of understanding or appreciation of the implications a platform like ethereum could have had

>>	Anonymous Sat Jan 27 10:41:19 2018 No.6992366 >>6992246 what projects today remind you of Ethereum back then?

Anonymous Sat Jan 27 10:50:08 2018 No.6992583

>>6992366
Honestly? I'd say nothing today reminds me of 2015.

There was a real feeling of under the radar/this whole thing could fail, whereas now there is a brazen attitude that anything/everything will 100x by EOY (see dotcom enthusiasm)

I think truth lies somewhere in between

>>	Anonymous Sat Jan 27 10:50:46 2018 No.6992605 >>6992366 Well now that you ask, [MY SHILLCOIN] is definitely the next Etherium.

Anonymous Sat Jan 27 10:55:27 2018 No.6992721

>>6990203

I think the Dao situation is an example of Blockchain's brilliance. In the case of a contentious outcome, people are perfectly entitled to fork the chain, thereafter the chain with the most PoW is seen as the canonical chain. ETH ended up winning. If we didn't have that mechanism, then the whole ethereum experiment could have died there and then. VB didn't rewrite history, he just gave the miners a chance to decide what they wanted. It remains to be seen how a situation like this would be resolvable in the case of PoS, since people can stake their coin on both forks without cost so there is no decision-making process about what the canonical chain is.

>>	Anonymous Sat Jan 27 10:55:56 2018 No.6992737 >>6992583 so 10x?

Anonymous Sat Jan 27 10:59:41 2018 No.6992844

>>6992737
Depends, there's probably some table some autist could construct.

Does it have a purpose that's both ambitious yet achievable?
Is it scalable?
Can it be explained in a brief yet laymen executive summary?
etc

Make your own metrics, DYOR and hold only yourself to account

>>	Anonymous Sat Jan 27 11:04:47 2018 No.6992979 >>6984526 I got an email from Coinbase in 2016 advertising Ether as a new coin to buy, I assumed shitcoin and ignored, feels bad man

Anonymous Sat Jan 27 11:06:09 2018 No.6993005
File: 1.96 MB, 500x500, 1506735615830.gif [View same] [iqdb] [saucenao] [google]

>>6987982
>Bonus tip: we're about to break out from a pennant on ETH/FIAT. Sharp pricerise is incoming

See, I fucking told you guys!
Hope you got onboard or are getting on board now. To 2400usd we go!

>>	Anonymous Sat Jan 27 11:10:57 2018 No.6993123 >>6992366 Link

>>	Anonymous Sat Jan 27 11:49:58 2018 No.6994012 File: 179 KB, 500x395, Tumblr_nebzdi1ED71tj2dv1o1_500.png [View same] [iqdb] [saucenao] [google] >>6990254 BTC is the ETH of 2018

>>	Anonymous Sat Jan 27 11:51:46 2018 No.6994064 we're going to 1100 boys

>>	Anonymous Sat Jan 27 11:52:29 2018 No.6994079 >>6984526 only reddit was supportive, /biz/ was all "PONZI PONZI PYRAMID!"

>>	Anonymous Sat Jan 27 11:59:14 2018 No.6994227 >>6987982 what about the impending Tether/Bitfinex loom and doom? those faggots are already positioned to fuck this shit up for good (months/years)

>>	Anonymous Sat Jan 27 12:00:36 2018 No.6994267 >>6994064 Lets go babyyyyyy March is coming early

Anonymous Sat Jan 27 12:05:43 2018 No.6994398

>>6994227
It could, but in the meantime it's just the same as the real dollars and euro. Those are all printed from thin air as well.

Choose your poison really, both systems are fucked up. Wanna earn 0.5% interest on your savings in the bank instead of 10000% in ETH? Be my guest.

Investing is about risk taking.

>>	Anonymous Sat Jan 27 12:08:04 2018 No.6994463 >>6984756 Obvious shill bot is obvious

>>	Anonymous Sat Jan 27 12:14:38 2018 No.6994630 Does anyone actually know when any of ETH's scaling solutions are due to be released or how far along they are right now?

>>	Anonymous Sat Jan 27 12:18:29 2018 No.6994727 >>6987982 Why not just hold OMG instead?

>>	Anonymous Sat Jan 27 12:20:41 2018 No.6994777 ETH needs a name like sats, especially since the flippening will probably happen this year. Based pedo moneyskelly should come up with something

>>	Anonymous Sat Jan 27 12:24:53 2018 No.6994891 But seriously why doesn't anyone discuss OMG

>>	Anonymous Sat Jan 27 12:25:55 2018 No.6994920 >>6994777 Buts

Anonymous Sat Jan 27 12:26:35 2018 No.6994942

>>6984526
I remember the threads 3-4 years ago...
I remember when it was 19 cents...

Back then /biz/ was 90% wall street bets, 10% crypto. Back then ether was seen more less the way you see BitBean today.

Biz never gets long term holds right. Like... Never!

>>	Anonymous Sat Jan 27 12:28:02 2018 No.6994982 >>6994777 GWei = 1E-9 Wei = 1E-18

>>	Anonymous Sat Jan 27 12:28:20 2018 No.6994996 File: 216 KB, 1830x349, ETH ll never 1000USD.jpg [View same] [iqdb] [saucenao] [google] >>6985184 >pic related

>>	Anonymous Sat Jan 27 12:29:32 2018 No.6995038 File: 425 KB, 2520x900, Link_Deja_vu.png [View same] [iqdb] [saucenao] [google] >>6985184

>>	Anonymous Sat Jan 27 12:30:22 2018 No.6995062 >>6994777 Skellies Spergs

Anonymous Sat Jan 27 12:33:23 2018 No.6995147

I'll never, ever EVER forgive myself for missing out on ETH and XRP. I held 60 BTC since 2014 and stopped following crypto for basically 3.5 years. I like to think if i stayed a bit longer i would have diversified into ETH

>>6984756
Wait, the presale price was 20$? I thought it was like 1$

Anonymous Sat Jan 27 12:37:25 2018 No.6995259

>>6984526
Got into ETH in 2015 from what I read on biz.
Yes it was touted as the next bitcoin and bitcoin 2.0
Yes there were people saying it was garbage
they were ignored by people who actually saw it value.
No it wasn't a guaranteed moon because crypto wasn't so mainstream yet

>>	Anonymous Sat Jan 27 12:45:54 2018 No.6995490 File: 162 KB, 900x900, image.png [View same] [iqdb] [saucenao] [google] >>6991558 So you're implying that Ethereum's success is at least partly due to Bitcoin's failure at scaling?

>>	Anonymous Sat Jan 27 12:48:35 2018 No.6995567 >>6984526 They said the same thing people are saying about XRB now

Anonymous Sat Jan 27 12:53:08 2018 No.6995684

>all these fake oldfags trying to shill their coins by comparing them to the ETH fud
The only FUD against ETH was that Vitalik was a scammer. There were daily posts about the project being shut down, all of the money disappearing, slandering Vitalik's history, etc.

When ETH first came around, people were legitimately shocked at the concept and knew it was going to be big. No one had to post "shill me on ETH" or ask what was going on. It was a clear project and the only question was whether it would catch on or be pulled off.

>>	Anonymous Sat Jan 27 12:56:17 2018 No.6995773 >>6995684 >slandering Vitalik More like, slendering Vitalik. If Vitalik and Sergey got together, this is how it would look like: >I O

>>	Anonymous Sat Jan 27 13:00:37 2018 No.6995876 >>6994630 Still not one answer as to when the scaling solutions will roll out. The clock is ticking...

>>	Anonymous Sat Jan 27 13:08:47 2018 No.6996107 File: 836 KB, 1000x667, stellar-lumens.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Sat Jan 27 13:16:15 2018 No.6996293 >>6990365 It's okay to be jealous bro while I'm sitting on a quarter mil of ETH alone. Cope more.

>>	Anonymous Sat Jan 27 13:20:58 2018 No.6996421 >>6995147 That guy is retarded. I was less than a dollar.

Anonymous Sat Jan 27 13:21:03 2018 No.6996425

>>6995876
>>6994630

There's lots of info to be found on the Ethereum reddit as well as on Ethtrader about that.

Long story short:
> the scaling solutions built as of this moment are already enough for a 100x scale.
> these are tested and proven to be working.
> there's loads of other solutions which are going to be stacked onto Ethereum being worked on right now and far along. Expect these Q2/3.
> Casper/POS/full scaling will most likely happen in Q4 or Q1 2019.

Keep in mind ETH is pretty much a finished product by then, and price will be way higher than it is now.

Keep in mind that solving scaling in crypto is pretty much akin to finding the holy grail. If ETH solves scaling pretty much all other coins trying to do similar things will be worthless.

>>	Anonymous Sat Jan 27 13:29:39 2018 No.6996655 Bougth in presale 2014, cant really figure out what I was thinking back then but damn couldnt be happier

Anonymous Sat Jan 27 13:37:54 2018 No.6996887

>>6996655
So you've 'made it'? I didn't knew about ETH until a few months ago because I couldn't be bothered with getting into crypto at all. It appeared to me too risky and experimental and for me it simply wasn't useful at all. However, that changed, of course.

Anonymous Sat Jan 27 13:56:46 2018 No.6997435

>>6996425
It's fundamentally impossible for ETH to ever scale to the level of say, XLM.

Don't get me wrong. I love both, but the functionality and inherent design of ETH does mean that some solutions will always scale better (though with less functionality)

However if you're moving money, you don't need Turing completeness.

>>	Anonymous Sat Jan 27 14:00:44 2018 No.6997563 File: 23 KB, 560x407, FA274EE9-44A4-41DD-8D52-E5680DC60A61.png [View same] [iqdb] [saucenao] [google] Why is it that nobody can intelligently explain why EOS won’t dethrone Ethereum? >>6996855

>>	Anonymous Sat Jan 27 14:04:09 2018 No.6997675 >>6997563 EOS x NEO whats the best?

>>	Anonymous Sat Jan 27 14:12:23 2018 No.6997907 WHY NOT JUST GET IN ON OMG

>>	Anonymous Sat Jan 27 14:14:12 2018 No.6997951 >>6997675 NEO wasn’t programmed in C++ so it will always be inferior to EOS in performance. It also requires transaction fees whereas EOS does not.

>>	Anonymous Sat Jan 27 14:18:47 2018 No.6998088 >>6997563 Because everyone is holding ETH and doesnt want to see it fail or lose its market cap share to EOS

>>	Anonymous Sat Jan 27 14:23:19 2018 No.6998225 >>6989876 EOS doesn't need you shilling this hard. Let them miss out. Who cares, it's still going to top 5 by EOY

>>	Anonymous Sat Jan 27 14:24:16 2018 No.6998250 theres so many ETH competitors im lost

>>	Anonymous Sat Jan 27 14:24:53 2018 No.6998270 >>6989921 That's a bad analogy. Bch is a shitcoin. EOS is literally different technology. I don't think it will eat ETH whole, as they have different protocols and therefore use cases

>>	Anonymous Sat Jan 27 14:25:30 2018 No.6998292 I lurked much long before I invested. I would've put everything into eth because of the shills but I was too stupid to know how.

>>	Anonymous Sat Jan 27 14:25:39 2018 No.6998296 >>6998225 Exactly.... the more they FUD the more we can accumulate at these low prices. I just wish I bought a nice chunk when it was 50 cents.

>>	Anonymous Sat Jan 27 14:26:10 2018 No.6998313 >>6984526 >what was the general consensus? Ethtards were "This is the bitcoin killer $1000 EOY" Everyone else was "deluded ethtards" Pretty much what you see in LINK threads nowadays.

>>	Anonymous Sat Jan 27 14:26:19 2018 No.6998314 >>6984526 at $40 it was "smart money is in Ethereum" and "it's going to take over Bitcoin" I bought in at $76 and $219 (crashed from $400 to $200 so I got in again)

>>	Anonymous Sat Jan 27 14:28:43 2018 No.6998390 >>6998313 So you're pretty much done with acquiring your shit ERC20 tokens?

>>	Anonymous Sat Jan 27 14:28:50 2018 No.6998393 >>6984756 if you were actually around for early ETH, you would know that EOAS is a massive scam created by the same person that brought you the STEEM scam and wouldnt touch it just lol at your life

>>	Anonymous Sat Jan 27 14:29:12 2018 No.6998409 File: 371 KB, 797x796, 1923482349.png [View same] [iqdb] [saucenao] [google] I realized from the DAO and similar events that Eth's overcomplication is a detriment and not a benefit Also that the devs are a centralized source of mulligans

>>	Anonymous Sat Jan 27 14:33:00 2018 No.6998502 >>6990875 More eth

>>	Anonymous Sat Jan 27 14:34:51 2018 No.6998555 >>6998393 I don't use STEEM myself but how can you call it a scam?

Anonymous Sat Jan 27 14:37:29 2018 No.6998637
File: 22 KB, 576x432, yoursign.jpg [View same] [iqdb] [saucenao] [google]

>>6984526
i member, and i also member the race between Ethereum and *....*

Now i do believe Ethereum will end up being the Rabbit in this story, and *....* to be the turtle that finishes first in the end.

I hope you oldfags remember which one that was, cause there's a lot of progression being made with *....* , progression which will ultimately make this the skynet of blockchain

>>	Anonymous Sat Jan 27 14:37:37 2018 No.6998640 >>6998555 Im not spoonfeeding. Its a massive complex pyramid scheme. also look at SteemDollars

Anonymous Sat Jan 27 14:38:14 2018 No.6998661
File: 63 KB, 1852x237, 71a2b4c625aad0f73d83c2ec81a38208.png [View same] [iqdb] [saucenao] [google]

>>6991377
ETC was shilled only because people wanted a quick pump n dump. I was with them, pic related, a quick flip I did on ETC at the time.

Its a bit harder to remember, but from what I can remember the main FUD was 'VITALIK HARDFORKED ETHER AND IT WILL BE USELESS, ETC IS THE ONLY SURVIVING ORIGINAL ETHEREUM AND WILL SURVIVE!
NO ONE WILL WANT HARDFORKED ETHEREUM!"

I dont think anyone truly believed it, but at the time it made me decent profit for a starving college kid so I was happy with it.

Anonymous Sat Jan 27 14:44:20 2018 No.6998820
File: 17 KB, 300x222, 1516401123424.jpg [View same] [iqdb] [saucenao] [google]

you niggas do realize that crypto currencies have grown to an extent they are massivley inflated but whats worse - ripe to be axed by governments?

hold to your 10k BTC a pop or whatever when you can't legally access it anymore, without incriminating yourself and worse

now please tell me not to fud because its completely irrational

Anonymous Sat Jan 27 14:44:40 2018 No.6998828

>>6998640
Yea it could be considered a pyramid scheme since only the really popular people make money on it which is one reason why I don't care to use it besides most of the content on it being shit. But from a tech standpoint both STEEM and BTS prove that Dan Larimer knows what he is doing techwise as for as scalability and TX/sec.

https://blocktivity.info/

>>	Anonymous Sat Jan 27 14:45:35 2018 No.6998851 >>6984526 Everyone was very excited about it but it was considered to expensive at $2

>>	Anonymous Sat Jan 27 14:47:46 2018 No.6998918 >>6998661 VEN is the ETH today WTC AMB MOD WABI the ETC get your pump then get the money back home to daddy VEN you are an imbecile if you aren't taking advantage

>>	Anonymous Sat Jan 27 14:47:49 2018 No.6998921 File: 54 KB, 341x450, eth-tx-fuehrer.jpg [View same] [iqdb] [saucenao] [google] >>6998851 Even by Vitalik?

Anonymous Sat Jan 27 14:53:55 2018 No.6999121

>>6998918
>VEN is the ETH today

Eh, Its hard to say if really anything is the ETH of today But I get what you're saying in terms of profits to be made.

Back then, the community was really driven into two. Pro-ETH and anti-ETH. The closest thing to that today would be LINK VEN and REQ. They all look into helping the ethereum network go mainstream commerce and they all have strong anti communities behind them.

>>	Anonymous Sat Jan 27 15:01:57 2018 No.6999406 >>6991789 All cryptos have a scaling problem? Pardon me retard? EOS will have scaling problems? Sounds to me like you’ve got what I like to call a broken brain you fucking psychologically demented vermin.

>>	Anonymous Sat Jan 27 15:07:17 2018 No.6999607 >>6999406 LOL he claims ETH with sharding will be 1100TX/sec and be the fastest onchain capacity. Meanwhile Bitshares has already proven to be able to handle 3000TX/sec and guess who created Bitshares? Dan Larimer the CTO for EOS.

>>	Anonymous Sat Jan 27 15:09:01 2018 No.6999658 >>6999406 EOS doesn’t exist apart from inside your feverish fantasies you rabid cuckold

Anonymous Sat Jan 27 15:09:48 2018 No.6999695

>>6984526
Divisive Ethereum issue was: much more fudding & shilling than you see now with the ERC20 token that shall not be named in order to avoid wordfilters; believe in both this is why I must -- by the strength of its memes may a crypto measured be.

>>	Anonymous Sat Jan 27 15:10:06 2018 No.6999705 >>6999406 Lmfao take your pills you spaz

>>	Anonymous Sat Jan 27 15:10:22 2018 No.6999712 >>6999607 EOS is a centralised shitcoin and so is bitshares. Larimer is a known scammer I’m not surprised you newphaggots don’t know.

>>	Anonymous Sat Jan 27 15:11:13 2018 No.6999753 File: 191 KB, 1080x573, 1517049905844.jpg [View same] [iqdb] [saucenao] [google] >>6999695 >believe in both this is why I must -- by the strength of its memes may a crypto measured be. Right.

Anonymous Sat Jan 27 15:16:23 2018 No.6999915

It's in testnet right now.
And why would Mike Novogratz (an early ETH investor) invest $325 million into EOS?
Also Everipedia (wikipedia competitor) plans to use the EOS blockchain.

https://www.coindesk.com/encyclopedia-blockchainica-wikipedia-co-founder-disrupt-creation/

>>	Anonymous Sat Jan 27 15:19:52 2018 No.7000047 >>6984747 >Nobody hat a glue https://www.youtube.com/watch?v=O5G-hpWB9MA

>>	Anonymous Sat Jan 27 15:20:54 2018 No.7000081 >>6984756 Sry mate ADA will take over It is confirmed, peer reviewed academic papers = normie friendly Vaporware you say? You must not know how the market works. Cardano shits on ETH

>>	Anonymous Sat Jan 27 15:25:51 2018 No.7000243 ctrl+f "russian scam" 2 results? this board is newfags and normies a lot of it was lisk shills

Anonymous Sat Jan 27 15:26:01 2018 No.7000248

All this shit about eth & scaling

>Mfw everything on Eth is on a single blockchain kek

The coin that's going to overshadow eth and all others by having successfully solved scaling AND still remains totally decentralised is already out there, you faggots are all to blind to see it

>>	Anonymous Sat Jan 27 15:27:32 2018 No.7000300 File: 544 KB, 602x800, 1517083118944.jpg [View same] [iqdb] [saucenao] [google] >>7000243 see >>6990243

>>	Anonymous Sat Jan 27 15:33:37 2018 No.7000521 >>7000248 Eat a dick.

Anonymous Sat Jan 27 15:33:48 2018 No.7000526

ADA and EOS are both running their tokens on the Ethereum network atm.

That should tell you all.

These are the tokens for the anon that has the feeling he missed out on ETH and desperately wants his own holy grail that does a 10000%.
Just look at the relentless shilling.

You rarely see ETH being shilled on /biz/, when it rallies threads pop up and people talk about hodling it. I think a really large percentage of /biz/ hodls and believes in ETH.

>>	Anonymous Sat Jan 27 15:35:03 2018 No.7000569 >>6984944 Exactly. Crypto is just like buying the newest iphone. There’s no need, because the system works fine now. But because of hype retards will pay thousands of dollars.

>>	Anonymous Sat Jan 27 15:36:43 2018 No.7000613 >>6994996 For every pic you have of someone saying ethereum won’t moon, there are thousands of posts saying shit like Ripple with hit $100 or bazinga is the next high cap.

>>	Anonymous Sat Jan 27 15:48:29 2018 No.7000941 File: 55 KB, 420x604, Ozw7kZ1.jpg [View same] [iqdb] [saucenao] [google] RaiBlocks speed/scalability + smart contracts is probably the endgame crypto is trending towards. However, such a coin does not exist yet.

>>	Anonymous Sat Jan 27 15:55:33 2018 No.7001155 >>6994777 Internally, I call decimal denominations of Ether sats. Even though the official word is gwei Sometimes I call em skellies just because of how little I care for it's official nomenclature.

>>	Anonymous Sat Jan 27 16:04:16 2018 No.7001429 >>6994777 There's loads of names for ETH subunits http://ethdocs.org/en/latest/ether.html Nobody uses anything but wei and gwei.

Anonymous Sat Jan 27 16:17:25 2018 No.7001838

>>6997563
1) Because EOS didn't have three years of PoW which distributed ETH to many different people
2) Because EOS doesn't really scale that well. I expected a more centralized design with super scalability. But the current testnet is more like eth after full PoS.I don't think EOS is going to be much more scalable in practice. Every computation still has to be reproduced on every node.
It's not going to hit anything near initially promised TPS.
3) The fee model is insane.There are no direct fees. Instead if you have more EOS you can do more transactions. Which can lead to frozen funds that can't be sold because you used your 'quota' for the moment. What's worse is that it forces heavy users to buy EOS. This sounds good until you realize that they are just going to use ethereum and pay fees according to needs rather than freeze their capital. Not sure how much but for example let's say the equivalent of transactions that would require $100 fees daily on ethereum would require holding $100k EOS. Wtf? It's way easier to just pay fees on ethereum.
It's worse for another reason - on ethereum if you use lots of capacity you pay lots of fees, so it's self-regulating and incentivizes efficient smart contracts. On EOS, if you are whale that got in early you don't care. On the other hand businesses that actually need the capacity are going to have serious problems acquiring it.
4) No adoption, ethereum has all network effects currently.

(2) is very important... people are comparing EOS's promises to current Ethereum's reality. But Ethereum is going to scale at least 100x on-chain in 2018-2019. PoS, state witnesses and 'state access limits' (ie. contracts declaring that they only access x and y which allows for easier parallelization) are going to be the biggest changes. Also sharding.

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