[insidious]

Anybody investing in ETH? Put 40$ in a month ago and now i'm at like, 150$. Been cruising, mangos. $1000 or bust

On a serious note, I think their DAPP system is boss. Contemplating scamming the shit out of some people for the lulz and that $

[pvnk]

FUCK dude. I should've invested all my money in it.

[Inori]

Does anyone know why cryptocurrencies are fucking exploding lately? Bitcoin has doubled in value since I bought back in December and now Ethereum is going nuts, too.

[pvnk]

Does anyone know why cryptocurrencies are fucking exploding lately? Bitcoin has doubled in value since I bought back in December and now Ethereum is going nuts, too.

Ethereum is going nuts because it's decentralized and many predict that it will overtake BTC the way it's going.

[insidious]

Does anyone know why cryptocurrencies are fucking exploding lately? Bitcoin has doubled in value since I bought back in December and now Ethereum is going nuts, too.

Ethereum is going nuts because it's decentralized and many predict that it will overtake BTC the way it's going.

Ethereum > Bitcoin IMO. It's just so much better of a coin. Because it's not only a coin, it's an app platform as well, which i think is exactly what bitcoin was missing to pull in not only the support of early adopters and investors, but governments + business. While Bitcoin was being used on the darknet for illegal activity, it had no sane way of appealing to the 'real' world of corporations, which set up public support in a bad way from the start.

Ethereum offers an app platform on top of it's cryptocurrency. This means corporations can build a decentralized app for themselves that still makes money (Banks can make out loans, Lawyers can store important documents, Gambling sites can have a defined way of working). And so, it has garnered the support of large Corporations.

Recently, three Ethereum apps were demoed at a Microsoft convention, and there were a bunch of articles out citing "Ethereum won the day" etc etc. That prompted it to go up from ~$60-$90. The jump from 20$ - $50 was made because of similar reasons. Aditionally bunch of other corps citing their interest in the platform publically, and considering investing.

Not to mention, Ethereums about to undergo a *big* update (Casper) which will make it even better. Plus the Android lite client for the platform is in the works.

All this while Bitcoin is struggling with forking because of philosophical disputes, while they struggle to implement a smart contract system of their own.

As of now, ETH is the only crypto with such as system. I think it has the chance of overtaking bitcoin, and honestly there is still time to invest. $1000 or bust.

Litecoin recently experienced a jump b/c it was added to Coinbase and everyone bought some, though it's evened out.

My advice: Get to learning how to build on Ethereums app platform (Or something similar, like blockstack or IPFS). I honestly think decentralized apps are going to become big in the future

Right now the ecosystem is really not bad to use, and it's supposed to be getting easier. The point being to make it accessible to developers to easily create decentralized applicatoins. It works on a webstack that you can use normally with Node.js and anything else you really want (React.js, Ember.js, Meteor.js etc, with the Ethereum Blockchain as your "database").

[TwoMyths]

Seriously I should have invested alot of my money into this when a few people predicted it would rise. Is there still potential for it to rise further or just a little?

[insidious]

Seriously I should have invested alot of my money into this when a few people predicted it would rise. Is there still potential for it to rise further or just a little?

Hellya

Ethereum Right now reminds me of what Bitcoin was at when it first reached 100$. Because of Ethereums support, my prediction is 1000$ in the next few years, if not sooner.

I'm funneling as much money as I can afford into it right now. Not to mention, it recently just proved itself (A huge DDOS attack against Kraken and Ethereum held nicely at around $90, instead of instantly plummeting. Not to mention, The chinese market is becoming increasingly interested as a series of recent conferences have shown. It's predicted that the chinese market will enter exponentially very soon.)

[pvnk]

Seriously I should have invested alot of my money into this when a few people predicted it would rise. Is there still potential for it to rise further or just a little?

Hellya

Ethereum Right now reminds me of what Bitcoin was at when it first reached 100$. Because of Ethereums support, my prediction is 1000$ in the next few years, if not sooner.

I'm funneling as much money as I can afford into it right now. Not to mention, it recently just proved itself (A huge DDOS attack against Kraken and Ethereum held nicely at around $90, instead of instantly plummeting. Not to mention, The chinese market is becoming increasingly interested as a series of recent conferences have shown. It's predicted that the chinese market will enter exponentially very soon.)

Yeah. Imagine when paper money = null

[Skullmeat]

Hmm. I've been looking at cryptocurrencies, but have been put off by the lack of support. If you guys really think It will take off and be used by online stores I can invest some in it.

[insidious]

Hmm. I've been looking at crypto-currencies, but have been put off by the lack of support. If you guys really think It will take off and be used by online stores I can invest some in it.

I would hold off investing for a few days just to see how the markets recover from the Kraken DDOS, but by Monday/Tuesday, if the markets are still holding and not everyone shorting it for the low-mid 80's, i'd say it's a pretty sound investment.

As of now it looks strongly at $90, though it's better safe then sorry

If there is one crypto that will be used widely for transactions by corporations/banks, I think it'd be Ethereum.

There are some problems with it currently, since it's still very early in it's development. Scaling being the main problem Vitalik (Ethereums lead dev) has some theories on how to solve it, but as of now the blockchain will continue growing. i think it's currently around 6-10GB. And honestly, if ETH does reach it's potential the blockchain size could become unprecedented. People won't find it feasible to hold a 1TB blockchain on their computer for general transactions.

Though, I trust that the devs will find some kind of solution. The next update will help scaling somewhat, and I think it will improve over time.

I doubt that any crypto will be used by stores anytime soon, though. Support is cropping up slowly, with some governments allowing the use of Crypto (like support in Japan and India, albeit limited support) though it probably won't be used worldwide for 5-10 years, maybe longer I think.