What is Ethereum and how come it's shares have sky rocketed?

What is Ethereum and how come it's shares have sky rocketed?

Author
Discussion

thesyn

540 posts

181 months

Thursday 25th May 2017
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I have been watching Ethereum for a couple of days, if we are at the start of a bubble it may be time to buy a few just for a bit of fun.
Can anyone recommend a good low cost trading platform for this (never been impressed by plus500)
Many thanks.

anonymous-user

54 months

Thursday 25th May 2017
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trading platform? coinbase and poloniex?

bloomen

6,894 posts

159 months

Thursday 25th May 2017
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The Spruce goose said:
trading platform? coinbase and poloniex?
both of them are seizing up. bitstamp and bittrex are holding up better.

anonymous-user

54 months

Thursday 25th May 2017
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bloomen said:
both of them are seizing up. bitstamp and bittrex are holding up better.
i like bittex just no trollbox.

bloomen

6,894 posts

159 months

Thursday 25th May 2017
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The Spruce goose said:
i like bittex just no trollbox.
You dig that feature? It makes me dizzy.

Poloniex has 10,000 more users online on average than when it was already faltering. I'd be shopping elsewhere until they upgrade further.

anonymous-user

54 months

Thursday 25th May 2017
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bloomen said:
You dig that feature? It makes me dizzy.

Poloniex has 10,000 more users online on average than when it was already faltering. I'd be shopping elsewhere until they upgrade further.
when i first went on in march it had 16k users on line. now it is nearer 50k.

i love the troll box, actually made me money a few times.

Behemoth

2,105 posts

131 months

Thursday 25th May 2017
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The Spruce goose said:
i love the troll box, actually made me money a few times.
Oh dear. I suspect it lost you money the other few times wink Surely you know it's infantile junk. There are so many better sources of information than that juvenile spam fountain.

anonymous-user

54 months

Friday 26th May 2017
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Behemoth said:
Oh dear. I suspect it lost you money the other few times wink Surely you know it's infantile junk. There are so many better sources of information than that juvenile spam fountain.
i don't know i find it interesting. maybe a perverseness from watching people moaning they have lost money after buying at an all time high, or a coin has gone x10 in week but today hasn't moved so it is a scam.

Behemoth

2,105 posts

131 months

Friday 26th May 2017
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For those that think Ethereum is a better coin because of smart contracts, developers are way ahead of you. www.rsk.co brings smart contracts to the Bitcoin blockchain without the complications of tokens that chase value. It's a highly interesting development to my eyes. They're adding functionality without confusing things with currency & value. Very smart.

bloomen

6,894 posts

159 months

Friday 26th May 2017
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Behemoth said:
For those that think Ethereum is a better coin because of smart contracts, developers are way ahead of you. www.rsk.co brings smart contracts to the Bitcoin blockchain without the complications of tokens that chase value. It's a highly interesting development to my eyes. They're adding functionality without confusing things with currency & value. Very smart.
No one cares about actual functionality. All they want to do is to pump into infinity.

anonymous-user

54 months

Friday 26th May 2017
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bloomen said:
No one cares about actual functionality. All they want to do is to pump into infinity.
amen.

look at sia coin valued at 222 million. it currently has 21.1 tb of storage on its network.

that is a massive overvaluation, but no one cares.





Behemoth

2,105 posts

131 months

Friday 26th May 2017
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bloomen said:
No one cares about actual functionality. All they want to do is to pump into infinity.
Soon enough, they will. Fundamentals will always ultimately prevail.

bloomen

6,894 posts

159 months

Saturday 27th May 2017
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Hmm. Definitely a trickle of blood in the streets. I'd say it was still a long, long way away from anything being a worthwhile buy.

anonymous-user

54 months

Saturday 27th May 2017
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bloomen said:
Hmm. Definitely a trickle of blood in the streets. I'd say it was still a long, long way away from anything being a worthwhile buy.
it dropped the same percentage as btc so not sure what your point is, like i said btc was dumped as well as eth, well the whole market.

anonymous-user

54 months

Monday 29th May 2017
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seems to have bounced back well i haven't lost much value, i think margin traders and noobs lost the biggest.

bloomen

6,894 posts

159 months

Monday 29th May 2017
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It's becoming a law unto himself. Never, ever did I think a bull run of this magnitude would materialise. I was shocked enough by last year's one.

anonymous-user

54 months

Monday 29th May 2017
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i'm not a fan of ltc from an investment point it is a great coin and does what it says on the tin, china love it i understand.

btc is moving to segwit is my understanding which should resolve some issues in scalability.

DASH is a weird one, low transactions volume, high value due to a lot of coins locked up in masternodes (basically i think 1000 coins locked for a period of time to gain rewards back and vote in the network etc). i think it will bump once evolution is released it is good at what it does it seems. it has steady growth. https://dash-news.de/dashtv/#value=1000

in this market any major coin seems to increase in value. there are loads to choose from.

bitcointalk is great for getting more info.

my current coins are - think i will stick with these
ETH
LISK
ICONOMI
EDGELESS
Z CASH

i invested in a new project aeternity and existing ico storj x

just noticed this article about btc and eth

http://www.bbc.co.uk/news/business-40021902

Edited by The Spruce goose on Monday 29th May 22:30

anonymous-user

54 months

Tuesday 30th May 2017
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the eth rise was due to markets opening up in china i understand.

24 vol eth trading in btc was higher than btc and 10x that on xrp.

Supersam83

608 posts

145 months

Tuesday 6th June 2017
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ETH is @ £206 now and rising after the small dip last week cool


fatmansan

24 posts

168 months

Wednesday 7th June 2017
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I had a load of mates asking about ETH, so I knocked up this post to save repeating myself. Might be of interest: https://medium.com/@FatManSan/ethereum-guide-c25f0...