全 45 件のコメント

[–]laughncow 8ポイント9ポイント  (19子コメント)

Panic is coming to the ETH market .

[–]davyroy 3ポイント4ポイント  (18子コメント)

Panic to whom ETH or ETC? I feel reside in just holding ETH. Come what may, at least I will have my ETH and I won't get caught up in some potential firesale.

[–]PurpleHamster 1ポイント2ポイント  (2子コメント)

Its affecting BTC as well.

I think that what actually might be scary if things continue. Could you imagine a BTC unseated by ETC because it can do more than BTC, because BTC is a slow dinosaur. Not bashing on BTC, its reliable at what it does, which is to hold value, but ETC can do that and more.

[–]beerchicken8Gentleman 4ポイント5ポイント  (1子コメント)

It's affecting all of crypto. Most people are long ETH/etc 1 to 1 as a hedge, look at the combined price and it's pretty apparent everything is getting crushed.

[–]PurpleHamster 0ポイント1ポイント  (0子コメント)

Thats true, it is affecting all of crypto.

Anyone ballsy enough to shout,"the king is dead long live the king", or is this still bubble territory?

[–]huntingisland 0ポイント1ポイント  (14子コメント)

I would recommend that everyone hedge their ETH holdings with ETC in case we do see the market decide on ETC.

[–]TreeOfLibrty@MrYukonC 15ポイント16ポイント  (6子コメント)

The market will never legitimately decide on ETC. Maybe artificially.

If (big 'if' here) ETC were to overtake ETH in market cap, I do not expect many original ETH supporters / backers / investors to migrate to ETC. I predict they would simply liquidate into BTC or fiat and leave the game entirely. That would likely precipitate a collapse in both ETH & ETC, which may be what the motives behind this artificial ETC rise are seeking.

It was clear, and is still clear that the people who supported retrieving stolen DAO funds via the HF do not want to live in and participate in a world where that type of stuff is legitimized. I doubt they would have a change of heart and suddenly find ETC palatable.

[–]LGuappo 4ポイント5ポイント  (1子コメント)

I agree. I don't think EF or ETH dapp developers will ever choose ETC. IMO, worst-case scenario is that the ETH price crashes and stays low for a while, and all the vultures come out and gloat about ETC. But nothing will ever happen on ETC, and the vultures will move on, just like they have with every single coin in the history of crypto. It's not like they are going to suddenly develop a work ethic and start building dapps. And it's also not like they are suddenly going to go, "you know what, we're done pumping and dumping one coin after another, let's stop with ETC and just hold it forever."

As long as EF and the major dapp developers, and enterprise partners, and so on, continue to use ETH, then eventually there will come a moment when that practical use of the platform looks more compelling than an ETC pump that happened once. Obviously, it doesn't feel that way on a day like today, but this pump, like all pumps, will not last forever.

Without a pumping price, ETC is of no interest to anyone, and the price can't pump forever; ETH remains of interest because of what is being built on top of it, and inevitably that will re-attract investment. I'm OK waiting. No, fuck that. I hate waiting, I fuckin hate it. And I hate watching ETC skyrocket while ETH slides. But I can take it, and as long as ETH is being built on, it will win eventually.

[–]ttggtthhh 0ポイント1ポイント  (0子コメント)

The market will never legitimately decide on ETC. Maybe artificially.

What is the distinction between a legitimate decision and an artificial one? Besides your own judgement.

[–]Arithrix 2ポイント3ポイント  (0子コメント)

Couldn't agree more. I have very strong belief in the vision of ETH, but I'll be leaving the game entirely if ETC wins out. I'm not one to participate in a community driven by ideologues who will put up with and disregard a major crime in order to stay true to their libertarian beliefs. I'll take my money and go buy a house.

[–]r00tus3r 2ポイント3ポイント  (1子コメント)

I'm pretty sure this is what we're seeing now. People that dumped etc initially are now realising that they should've kept it as a hedge ... as ridiculous as it seems. I really don't think most etc holders believe in etc, they're just hedging.

[–]AnythingForSuccess 0ポイント1ポイント  (4子コメント)

Why not simply not trade after the HF decision? You can always delete chaindata folder and then select ETC, right?

[–]huntingisland 0ポイント1ポイント  (3子コメント)

Sure, if people have ETC already that would be fine.

I am referring to people who only own ETH and already sold their ETC, or never had any.

[–]AnythingForSuccess 0ポイント1ポイント  (2子コメント)

But theoretically, even if you don't have ETC, if you only have ETH, but DID NOT make changes to your wallet (send, withdraw units) AFTER the Hard Fork, even if you selected "HF" option in your mist wallet, STILL it means that if you simply use the same wallet and delete chaindata, you have option to select again and choose ETC this time. Am I getting this right?

[–]huntingisland 0ポイント1ポイント  (1子コメント)

Correct.

[–]AnythingForSuccess 0ポイント1ポイント  (0子コメント)

So as long as you don't do anything and just keep the wallet safe, you can pretty much sit back and wait until one chain has a clear "win" before transferring any meth?

[–]The_Breakthrough 2ポイント3ポイント  (0子コメント)

This seems like it's going to be horrible for crypto currency in general. Every other coin is in the negatives because people are looking for a quick buck in ETC. But not everyone is going to seize profits - some are going to get burned. And every coin will get the backlash of lesser market value.

[–]Amiga500plus1MB 1ポイント2ポイント  (0子コメント)

2016: Year of "The Other Coins"

[–]monzzter221 1ポイント2ポイント  (1子コメント)

It looks like a massive pump from many other markets.

Lots of money moving through dash from btc and ethereum.

Expect a dump in a couple of days.

[–]zantho 1ポイント2ポイント  (0子コメント)

Within 12 hours I predict

[–]sandakersmann 2ポイント3ポイント  (2子コメント)

ETC dump incoming...

[–]Vibr8gKiwi 10ポイント11ポイント  (1子コメント)

Downvote away but it looks to me like it's ETH being dumped...

[–]davyroy 0ポイント1ポイント  (13子コメント)

Does anybody here have a good narrative as to how ETC will also be able to go to Metropolis and POS? Is it automatic?

[–]PurpleHamster 3ポイント4ポイント  (11子コメント)

They'll have to copy paste (its not that easy) the code from ETH.

[–]arsf1357 2ポイント3ポイント  (5子コメント)

My guess is that the old chain will probably never go POS, and if they do, it will be after they let eth beta test it on live net

[–]PurpleHamster 1ポイント2ポイント  (4子コメント)

Possible, or they might remove the difficulty bomb and continue mining.

It way too early to tell anything I think and theres definitely a sense of irrational exuberance in the air.

I believe there isnt even a cap on the total amount of ether that can exist at the moment and those details are still yet to be finalised. My understanding is there is still a debate about whether the cost for consensus should be financed by inflation.

[–]beerchicken8Gentleman 0ポイント1ポイント  (3子コメント)

How will ETC come to consensus to merge inflation away?

[–]PurpleHamster 0ポイント1ポイント  (2子コメント)

Thats a good question and its one thats been brought up from the start.

They may decide a protocol change is enough of a reason to hardfork.

Who is willing to take the lead to develop the protocol is an even more interesting line of thought. Ive only seen one major developer come out (ex-foundation CEO, correct me if im wrong) who was willing to back ETC and take things forward. There are probably other devs as well, but he is by far the most knowledge of the current protocols innards, though nothing of substance has come from him yet.

That said, his attempt to lead things forward might result in a backlash from the ETC community considering they wish to stay leaderless.

All in all everything seems to be up in the air, but these are just points that one should consider.

[–]beerchicken8Gentleman 0ポイント1ポイント  (1子コメント)

He's also an advisor to Lisk. Really feels like he was just popping in to make himself feel like a somebody.

[–]PurpleHamster 0ポイント1ポイント  (0子コメント)

I dont know very much about him to be honest.

His reply to the Lisk thing, was that it was more like part time advisor, as opposed to full time. I dont know him or the Lisk project well enough to make a judgement.

[–]ttggtthhh 1ポイント2ポイント  (4子コメント)

It's pretty damn easy. Cut out the dao-fork code, compile and run.

Since the dao-fork code is just an exception case code, nothing is going to depend on it, so cutting it out shouldn't need any extra changes.

Note: I have not reviewed the code myself, but I can't imagine it being any other way.

[–]PurpleHamster 0ポイント1ポイント  (3子コメント)

Hes referring to the metropolis and Casper / Serenity changes which are protocol changes. They require hardforks.

The DAO fork code is something entirely different.

[–]ttggtthhh 0ポイント1ポイント  (2子コメント)

I think you misread my comment. I am saying that when/if the foundation releases Metropolis and POS code, ETC switching to it would be easy as the only change required is to cut out the fork code.

[–]PurpleHamster 0ポイント1ポイント  (1子コメント)

My apologies, I understand what you mean now.

How easy the foundation will make it for ETC to fork aspects of the code is up the foundation. Its not just the DAO code that would have to be removed. Its not just cut-cut, otherwise the hardfork code would have been ready much earlier than it was. There would have to be consensus within ETC whether they would like to carry on with POW, the difficulty bomb and future ethereum supply code that would have to be modified.

[–]ttggtthhh 0ポイント1ポイント  (0子コメント)

How easy the foundation will make it for ETC to fork aspects of the code is up the foundation. Its not just the DAO code that would have to be removed. Its not just cut-cut, otherwise the hardfork code would have been ready much earlier than it was.

The most foundation could do is to make the code purposefully incomprehensible and poorly written. I don't think that's likely because it would give them a really bad image.

The hardfork code took so long because they had to test it very thoroughly before deployment. They themselves said that they aren't doing many things (including replay attack protection) to keep the code as simple as possible.

There would have to be consensus within ETC whether they would like to carry on with POW, the difficulty bomb and future ethereum supply code that would have to be modified.

This is mostly true, but it's simpler than you make it sound. As I see it, there are only 2 options that could gain traction: hard fork the difficulty bomb away and keep POW, adopt the POS implementation that the foundation provided.

[–]drcode 3ポイント4ポイント  (0子コメント)

Like bitcoin, ethereum altcoins like ETC and CETH likely won't be able to get the consensus required to push through major changes like POS or Scalability.

[–]AnythingForSuccess 0ポイント1ポイント  (0子コメント)

Can someone just confirm this:

Unless you buy / sell your ETH/ETC on Kraken, you can have the same amount of ETH and ETC.

Unless you trade after hard fork decision on your Mist wallet, you can switch to ETC at any time by reloading the chaindata. Correct?

[–]ev1501 0ポイント1ポイント  (0子コメント)

At this point it might be ETH at $3....time to buy if that happens

[–]vladimir_utkin 0ポイント1ポイント  (0子コメント)

FUDDING around big time

[–]1776m8 0ポイント1ポイント  (0子コメント)

Guys relax. We know it can't have much of a future unlike our chain