Consider buying Ethereum

[PRO]

That's why you are supposed to invest money you are willing to lose.
Once there's a solution you will be too late as mentioned multiple times already.

Like Sythe said some problems do not have a solution.

As an example I'll just quote @Zavada Hope he doesn't mind.

However it's all about making money, so yes I must agree, that you did a good job. You saw the opportunity in the market and took advantage of it. Now you should consider other investments and don't rely that ETH will solve its scalling problem.

 

[Butta]

Like Sythe said some problems do not have a solution.

As an example I'll just quote @Zavada Hope he doesn't mind.

However it's all about making money, so yes I must agree, that you did a good job. You saw the opportunity in the market and took advantage of it. Now you should consider other investments and don't rely that ETH will solve its scalling problem.

i will always have some money in ETH, no matter what.
everything is impossible untill its possible. Do you think internet was possible 100 years ago? same with self driving cars etc.

maybe its impossible today, maybe its impossible in 10 years, or 20. But once it is, you are too late. I hope you get my point.

 

[Zavada]

Like Sythe said some problems do not have a solution.

As an example I'll just quote @Zavada Hope he doesn't mind.

However it's all about making money, so yes I must agree, that you did a good job. You saw the opportunity in the market and took advantage of it. Now you should consider other investments and don't rely that ETH will solve its scalling problem.

Just for clarification, that example was given with no prior information of the list other than its size and contents.

 

[ob7ivion]

definitely a good investment. along with bitcoin (losing a bit of trust on btc tho)

 

[ob7ivion]

definitely a good investment. along with bitcoin (losing a bit of trust on btc tho)

 

[kc]

So amusing reading all these posts...

 

[Zavada]

i will always have some money in ETH, no matter what.
everything is impossible untill its possible. Do you think internet was possible 100 years ago? same with self driving cars etc.

maybe its impossible today, maybe its impossible in 10 years, or 20. But once it is, you are too late. I hope you get my point.

It's deceptive to say "X wasn't possible, but now it is, therefore Y is possible."
Also to both you and @BlackBlasses, Richard wasn't saying it's impossible to implement. The issue here is that the solution is completely nontrivial and may not be solvable in a reasonable time frame. It seems like both of you have an unending devotion that clouds your judgement .

 

[PRO]

It's deceptive to say "X wasn't possible, but now it is, therefore Y is possible."
Also to both you and @BlackBlasses, Richard wasn't saying it's impossible to implement. The issue here is that the solution is completely nontrivial and may not be solvable in a reasonable time frame. It seems like both of you have an unending devotion that clouds your judgement .

Ohh, I did not mean that there's not solution at all.
I meant that there might not be a VIABLE solution, or how to say it...
Time element is very important here.

 

That's why you are supposed to invest money you are willing to lose.
Once there's a solution you will be too late as mentioned multiple times already.

Alternatively don't invest on faith, invest in something that actually has good fundamentals.

 

[Butta]

Alternatively don't invest on faith, invest in something that actually has good fundamentals.

Tesla? oh wait, its too late.

 

Tesla? oh wait, its too late.

Building an electric car out of laptop batteries without a cost ceiling is not the same type of problem lol. Algorithm problems are not engineering problems, they are mathematical problems. Some math problems have been around for hundreds or even thousands of years with no solution after generations of academics have tried.

Really demonstrating your lack of understanding here.

 

[Butta]

Building an electric car out of laptop batteries without a cost ceiling is not the same type of problem lol. Algorithm problems are not engineering problems, they are mathematical problems. Some math problems have been around for hundreds or even thousands of years with no solution after generations of academics have tried.

Really demonstrating your lack of understanding here.

you clearly did not get my point, but that is not part of my business

 

nice cult ur running here

 

nice cult ur running here

lol bumbum ur FUCKING IDIOT

 

Since ETH just previously touched the 33% ETH/BTC cap recently, I can envision a scenario not too far off where BTC corrects to around $1k and ETH gains an extra billion cap putting it right at about 50% cap. Inching towards the milestones, still so much good news for ETH this year. Even if BTC doesn't correct as much as I think it will at some point, ETH will be much more valuable by the end of 2017 than it is now, that's for sure.

THE FLIPPENING

 

[Vlad]

Yesterday was low low low, today is high high high. Very surprised to see it broke 85

 

Ethereum Pending Transactions

This (mempool) shows you unconfirmed transactions on the eth network and how long they've been waiting. The network is at capacity now. Over the next few weeks I expect the number of unconfirmed tx will run higher leading to delays for users.

Bitcoin has typically 20k-90k unconfirmed transactions. This is the main reason the alt coin market exists. This is the scaling problem.

Keep an eye on the eth mempool if you're in eth.

 

[Butta]

Ethereum Pending Transactions

This (mempool) shows you unconfirmed transactions on the eth network and how long they've been waiting. The network is at capacity now. Over the next few weeks I expect the number of unconfirmed tx will run higher leading to delays for users.

Bitcoin has typically 20k-90k unconfirmed transactions. This is the main reason the alt coin market exists. This is the scaling problem.

Keep an eye on the eth mempool if you're in eth.

Ethereum: http://i.imgur.com/1LsTxWm.png - 90K transactions , with 0-100 pending transactions. (without any of the upcoming updates implemented yet)
Bitcoin: http://i.imgur.com/abjvVjm.png - ~300k transactions, 30-50k pending transactions.

source: Ethereum Transaction Growth Chart , Confirmed Transactions Per Day

 

[Xenophis]

EEA will announcing about 200 companies/organizations that are going to sign onto being a member in the next 2 - 3 months.

Raiden MVP is 85% complete as of a few days ago.

Truebit is another recently proposed scaling solution that amplifies and compliments the other scaling solutions being discussed by creatively "bypassing" the max gas limit which essentially limits the data capacity for any given smart contract. Truebit is a smart contract, so its gamechanging capability wouldn't require a fork to implement as it would be just have to be called by other contracts to initiate the process.

https://people.cs.uchicago.edu/~teutsch/papers/truebit.pdf

 

[kc]

EEA will announcing about 200 companies/organizations that are going to sign onto being a member in the next 2 - 3 months.

Raiden MVP is 85% complete as of a few days ago.

Truebit is another recently proposed scaling solution that amplifies and compliments the other scaling solutions being discussed by creatively "bypassing" the max gas limit which essentially limits the data capacity for any given smart contract. Truebit is a smart contract, so its gamechanging capability wouldn't require a fork to implement as it would be just have to be called by other contracts to initiate the process.

https://people.cs.uchicago.edu/~teutsch/papers/truebit.pdf

EEA is on the 9th apparently.

This should be interesting.