Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
thevictimofuktyranny
on 31/12/2016, 10:44:49 UTC
The problem with ethereum is that it is not even in a beta stage. Too many people throw money into it and it opens up a lot of problems. Such a platform that ethereum are should be developed under 2-3 years time before anybody should invest in it. Peoples greed makes them jump into projects like this and they hope to become rich quickly. Ethereum are also faulty by design.
fast and break it. just to make a world computer work. its not at all a store of value. thevictemof... does not understand what ethereum is. he or she thinks its a investement and a little guy can get rich with it. but vitalik and co dont look out for everyday people the daofork showed that .
i think a world computer would be a great idea but only if it makes the world a better place for every one not just for a small elite.

Well, Ethereum primary function is as a crypto-currency. Therefore, discussing it's current valuation, as to whether it is underpriced, is completely legitimate.

However, most people are quite bored about discussing the primary functions of crypto-currencies and they prefer too spend their time discussing the many secondary purposes that Ethereum could or can be used for.

That is entirely fine with me, but I'm purely interested in primary function as a crypto-currency.
gosh it  is a world comupter not primary  a currency.....
just go to youtube and put in ethereum for dummies and listen  dr. gavin woods did a good one  vitalik did one

Dear Sir/Madam

These are the youtube clips about the term "World Computer".

https://www.youtube.com/watch?v=j23HnORQXvs

https://www.youtube.com/watch?v=8OLAcUPHuW0

https://www.youtube.com/watch?v=K2fhwMKk2Eg

From everything stated: "World Computer" only means the sum total of all economic and social activities using the Ethereum blockchain technology.

Dr Gavin Wood - is the principle pusher of this PR term: "World Computer".

However, sum total of everything happening on the Ethereum Network is not sum total setting the economic price of Ethereum on the markets.