[ANN] Ethereum: Welcome to the Beginning

[Majormax]

If I've accumulated something over the last few years, is that anything is possible.
It's crypt-o-mage-don. Few will survive through this, only to make room for the true believers.

A realistic, if very unpopular view. There is still a lot of hope around, and this bear market has a lot of work to do.

Could be another 2 years before the real recovery. I am not entirely convinced that institutional money will be entering at the lows however. More likely to be trend-following.

[IncludeBeer]

You shouldn't make a statement and ask the same question right after. It looks weak, usually people who write one or two words asking for proof in a forum don't know much. Proof is something you can find on your own by reading and studying, I'm not here to help the lazy or prepare you a report.

False. You have any proof?

I'm making an assertion while inviting you to counter it. Get over yourself.

Way to sidestep the whole thing though lol 

[alevlaslo]

I don't think they are mining at a loss in every country as some countries have very low energy prices.

Good point. China for example:

https://www.asiacryptotoday.com/chinese-mining-fud-manipulation-vs-the-real-situation/

So still in the green right?
You need TOTALLY FREE power in the rest of the world, to even try to compete with China.
But it is not only a matter of electricity.

Taking as a fact that Chinese ASIC manufacturers trash & upgrade their equipment every 6 months or so, and taking also into account that if you go for the latest & fastest BTC miner on the market ATM - EBIT E11++ 44TH/S, 45W/T, 10nm chip DW1228 - and forgetting about purchasing costs, we have: Delivery time is Feb 15, 2019.

http://miner.ebang.com.cn/goods-15.html

Hold on. Didn't we just read in the previous article that - & I quote: "Rigs have evolved from 100nm to 7nm which has led to huge increases in efficiency."  
Oh yes, here it is:
https://shop.bitmain.com/product/detail?pid=00020181107195820131prWuuVTy0738
Estimated shipping: Dec.20-31
And last but not least: "The Antminer S15 has just been confirmed to have an estimated hashrate of 28 TH/s and power consumption of 1596 W"
https://mineable.com/bitmain-just-announced-their-new-7nm-miners-antminer-s15-t15-overview-hashrate-profitability/
Total bollocks.

So, selling their outdated hardware, trashing the even older ones, whilst keeping the best ones for themselves & repeat.
Do the maths, China is the only TRUE profitable player in the Bitcoin/ASIC/mining industry. Always has been.

Better off trading (buying cheap of course), hodling & sparing us the hassle.

so ether is better 

[alevlaslo]

stop writing nonsense, if you are afraid of volatility, than cryptocurrencies are not for you. The ether always falls stronger when bitcoin falls and grows stronger when bitcoin grows. Look at 2017, the capitalization of the two coins was almost equal, fall saved bitcoin, perhaps for this reason it was carried out, bitcoin took advantage of the fact that other coins depend on it, but soon the ether will be the first, and everything will depend on the ether. Use low price to buy!

See how strong the ETH! It broke the long-term trend line of bitcoin, replaced it with another line

[RivAngE]

stop writing nonsense, if you are afraid of volatility, than cryptocurrencies are not for you. The ether always falls stronger when bitcoin falls and grows stronger when bitcoin grows. Look at 2017, the capitalization of the two coins was almost equal, fall saved bitcoin, perhaps for this reason it was carried out, bitcoin took advantage of the fact that other coins depend on it, but soon the ether will be the first, and everything will depend on the ether. Use low price to buy!

See how strong the ETH! It broke the long-term trend line of bitcoin, replaced it with another line

Nice graph, it shows the downtrend of Ethereum!
I don't know why did you draw these lines, but they make no sense to me, sorry.



ETH had a low of 9.85% on Dec. 2017, this could have been a support if it had shown a rebound after the last sell-off but no, ETH is keep losing dominance and it's now on 8.90%.

Now compare it to XRP, I notice 2 things: (1) Before the last two rallies, XRP moved first and then ETH followed, both taking some dominance out of BTC and other coins.
The 1st one was on 3/5/2017 (ETH followed on 19/5) and the 2nd one is on 13/12/2017 for XRP (ETH followed on 8/1/2018)!
Lately, XRP is again giving signs of a rally, on 21/9 it spiked up but ETH didn't follow it, this time both ETH and BTC lost some dominance to XRP which is getting closer to the January's high.

Ofcourse trends are breaking often, but if you're wondering what's the current trend, I'd say BTC is going SIDEWAYS, ETH is going DOWN, XRP is going UP.


Disclaimer: I'm not endorsing any coin over the other, I'm simply stating what I'm seeing in the graphs. However the graphs can be understood with more than one way, so feel free to disagree with my view.

[mcfom]

This is final mega shake out phase to be explained as tree shaking with full force to short as many people as possible. This won't be last but those will be after shocks timely. When I look around at development in external world talks of people here looks like they don't understand these markets or they are doing with intention negative comments. Ethereum's future and custody services along with Bitcoin as being discussed and planned while some people are declaring it done already.

[Cryptotourist]

A realistic, if very unpopular view. There is still a lot of hope around, and this bear market has a lot of work to do.

Could be another 2 years before the real recovery. I am not entirely convinced that institutional money will be entering at the lows however. More likely to be trend-following.

Thank you.
Hope is vital & necessary, but it depends from which perspective. I'm not hoping for another bull run in 2018, nor for a new ATH for BTC or ETH in 2019.
What I am hoping though - is enough correction on the market in general - to completely fill the bags throughout the whole of next year.
Trend following? Yes, only to keep them moderately busy & amused. Will have to hodl something at one point - and that will be only when bought in the very very lows.

so ether is better  

Is that really what you gathered? Wow, OK, whatever suits you mate

[XCNP]

They already did what they could and will not take this market to point of no return. One thing more why one would like to kill the hen which is laying egg of golds where volatility is higher but risk of vanishing isn't at all. In traditional markets crash wipe out your investment here only devalue your portfolio. I am quite hopeful for bright future of these markets.

[alevlaslo]

stop writing nonsense, if you are afraid of volatility, than cryptocurrencies are not for you. The ether always falls stronger when bitcoin falls and grows stronger when bitcoin grows. Look at 2017, the capitalization of the two coins was almost equal, fall saved bitcoin, perhaps for this reason it was carried out, bitcoin took advantage of the fact that other coins depend on it, but soon the ether will be the first, and everything will depend on the ether. Use low price to buy!

See how strong the ETH! It broke the long-term trend line of bitcoin, replaced it with another line

https://c.radikal.ru/c30/1812/ca/922a8016ccb9.png

Nice graph, it shows the downtrend of Ethereum!
I don't know why did you draw these lines, but they make no sense to me, sorry.

https://i.ibb.co/X2LBbC3/image.png

ETH had a low of 9.85% on Dec. 2017, this could have been a support if it had shown a rebound after the last sell-off but no, ETH is keep losing dominance and it's now on 8.90%.

Now compare it to XRP, I notice 2 things: (1) Before the last two rallies, XRP moved first and then ETH followed, both taking some dominance out of BTC and other coins.
The 1st one was on 3/5/2017 (ETH followed on 19/5) and the 2nd one is on 13/12/2017 for XRP (ETH followed on 8/1/2018)!
Lately, XRP is again giving signs of a rally, on 21/9 it spiked up but ETH didn't follow it, this time both ETH and BTC lost some dominance to XRP which is getting closer to the January's high.

Ofcourse trends are breaking often, but if you're wondering what's the current trend, I'd say BTC is going SIDEWAYS, ETH is going DOWN, XRP is going UP.


Disclaimer: I'm not endorsing any coin over the other, I'm simply stating what I'm seeing in the graphs. However the graphs can be understood with more than one way, so feel free to disagree with my view.

Bitcoin does not tolerate the growth of the ether, with each growth it loses a large share, the chart shows this very well

[Piston Honda]

just shut ETH down already  

[alevlaslo]

why to sell new money for old money - the mind boggles  

people don't sell, do this only manipulators

 remove everything from Bank accounts and buy cryptocurrencies,  it is necessary to punish manipulators and to depreciate paper

[dr.cheema]

why to sell new money for old money - the mind boggles  

people don't sell, do this only manipulators

 remove everything from Bank accounts and buy cryptocurrencies,  it is necessary to punish manipulators and to depreciate paper

They even don't know what they are doing!
One day banks will be empty and definitely it will  happen in near future.
Market again bleeding, holders are panic right now selling at cheap price but they will regret. 

[Saverenergy]

This is final mega shake out phase to be explained as tree shaking with full force to short as many people as possible. This won't be last but those will be after shocks timely. When I look around at development in external world talks of people here looks like they don't understand these markets or they are doing with intention negative comments. Ethereum's future and custody services along with Bitcoin as being discussed and planned while some people are declaring it done already.

After such a mega shake-up there should be a mega pump! I would never believe that Ether and Bitcoin will fall to lower positions. But it is not known what time it will take to recover.

[zahidmoon]

A realistic, if very unpopular view. There is still a lot of hope around, and this bear market has a lot of work to do.

Could be another 2 years before the real recovery. I am not entirely convinced that institutional money will be entering at the lows however. More likely to be trend-following.

Thank you.
Hope is vital & necessary, but it depends from which perspective. I'm not hoping for another bull run in 2018, nor for a new ATH for BTC or ETH in 2019.
What I am hoping though - is enough correction on the market in general - to completely fill the bags throughout the whole of next year.
Trend following? Yes, only to keep them moderately busy & amused. Will have to hodl something at one point - and that will be only when bought in the very very lows.

so ether is better  

Is that really what you gathered? Wow, OK, whatever suits you mate

Institutional money will crush this market to 0 so they can accumulate. The cheaper they bring eth down the more they will accumulate and the bigger fund managers commissions will be. Everybody who believes that he will sell to the institutionals at higher prices is beyond stupid he is retarded. That;s how they act they keep pushing the prices lower and force you to sell your eth to them.

i agree with you. they just want to buy cheap and hold everything then the push the price up and then they sell at the price they want
right now who are selling is making big mistake i think
what if the price again hit its all time high price in 2019 then seller will regret and buyers will be happy

[mehar_gee]

A realistic, if very unpopular view. There is still a lot of hope around, and this bear market has a lot of work to do.

Could be another 2 years before the real recovery. I am not entirely convinced that institutional money will be entering at the lows however. More likely to be trend-following.

Thank you.
Hope is vital & necessary, but it depends from which perspective. I'm not hoping for another bull run in 2018, nor for a new ATH for BTC or ETH in 2019.
What I am hoping though - is enough correction on the market in general - to completely fill the bags throughout the whole of next year.
Trend following? Yes, only to keep them moderately busy & amused. Will have to hodl something at one point - and that will be only when bought in the very very lows.

so ether is better  

Is that really what you gathered? Wow, OK, whatever suits you mate

Institutional money will crush this market to 0 so they can accumulate. The cheaper they bring eth down the more they will accumulate and the bigger fund managers commissions will be. Everybody who believes that he will sell to the institutionals at higher prices is beyond stupid he is retarded. That;s how they act they keep pushing the prices lower and force you to sell your eth to them.

i agree with you. they just want to buy cheap and hold everything then the push the price up and then they sell at the price they want
right now who are selling is making big mistake i think
what if the price again hit its all time high price in 2019 then seller will regret and buyers will be happy

looks like people thinking bitcoin and eth price decrease more so they are selling eth and bitcoin and holding usdt and when crypto price hit the bottom then they will buy again but how to know that what the bottom of crypto is in the current position what if current prices are the bottom and all of sudden prices starts rising?
i am buying eth with each dump and not selling it maybe a good investment right now buying crypto

[peterlustig]

This is final mega shake out phase to be explained as tree shaking with full force to short as many people as possible. This won't be last but those will be after shocks timely. When I look around at development in external world talks of people here looks like they don't understand these markets or they are doing with intention negative comments. Ethereum's future and custody services along with Bitcoin as being discussed and planned while some people are declaring it done already.

After such a mega shake-up there should be a mega pump! I would never believe that Ether and Bitcoin will fall to lower positions. But it is not known what time it will take to recover.

I read somewhere that the bitcoin will go as low as $1000 if that happens we can be sure that the entire crypto market will suffer badly.

[mandor]

This is final mega shake out phase to be explained as tree shaking with full force to short as many people as possible. This won't be last but those will be after shocks timely. When I look around at development in external world talks of people here looks like they don't understand these markets or they are doing with intention negative comments. Ethereum's future and custody services along with Bitcoin as being discussed and planned while some people are declaring it done already.

After such a mega shake-up there should be a mega pump! I would never believe that Ether and Bitcoin will fall to lower positions. But it is not known what time it will take to recover.

I read somewhere that the bitcoin will go as low as $1000 if that happens we can be sure that the entire crypto market will suffer badly.

what? that's bad news if Bitcoin will reach $ 1000 and then Ethereum increaslyng not there is a price it if Bitcoin fell as bad as that. if that happens maybe the crypto market will cry and at the moment we can see the market conditions now are very worrying. It looks like the news about Bitcoin will die soon will happen if the price of Bitcoin falls to $ 1000.

[IncludeBeer]

This is final mega shake out phase to be explained as tree shaking with full force to short as many people as possible. This won't be last but those will be after shocks timely. When I look around at development in external world talks of people here looks like they don't understand these markets or they are doing with intention negative comments. Ethereum's future and custody services along with Bitcoin as being discussed and planned while some people are declaring it done already.

After such a mega shake-up there should be a mega pump! I would never believe that Ether and Bitcoin will fall to lower positions. But it is not known what time it will take to recover.

I read somewhere that the bitcoin will go as low as $1000 if that happens we can be sure that the entire crypto market will suffer badly.

what? that's bad news if Bitcoin will reach $ 1000 and then Ethereum increaslyng not there is a price it if Bitcoin fell as bad as that. if that happens maybe the crypto market will cry and at the moment we can see the market conditions now are very worrying. It looks like the news about Bitcoin will die soon will happen if the price of Bitcoin falls to $ 1000.

I'm sure somewhere is an accurate (and magical) prediction maker. 

[adaseb]

I am not sure about ETH bottom since it was less than $10 at the beginning of 2017 while BTC was around $1000.

If BTC actually reaches $1000, then it will take a long time to recover because we are talking about a 95% loss from ATH. Most venture capitalists who poured huge money into crypto in 2017 will be wiped out and out of the game. There will be little growth and investments and many won't buy BTC in the future because "What if it crashes 95% again".

Same with ETH, I don't see it hitting $10 ever again but I also don't believe $100 could be the bottom, maybe around $75 or so.

[cool4y]

Solidity 0.5.1 has been released    https://github.com/ethereum/solidity/releases/tag/v0.5.1   Language features: allowed mapping type for parameters and return variables of public and external library functions.