Ethereum. Worth the Hype

Coworker told me it's the next Bitcoin.

Finance guy who knows nothing about it.

can somebody give me a quick rundown?

There is no non-speculative use case for ethereum. It is all speculation on the hope that we will find a use case that cannot be satisfied with basic bitcoin multisig.

The current token projects, these could be just as effective under bitcoin?

It's a kind of decentralized cloud computing platform.
It's neat but I don't think it currently does anything useful.

It's also currently the second-largest cryptocoin by market cap, so I wouldn't call it "the next Bitcoin" as much as "the second Bitcoin."

Something better will come.

Fuck ether in the ass

Counterparty. What non-speculative value is there to any token project?

Is there anything better?

Bitcoin

Do you think that could happen?

But Bitcoin is worth more than Gold? I want 20x my money for this

You're right you won't get rich quick. The universe doesn't owe you that. Good luck though.

Depends on the metric you're going for. If you want to get rich quick then bitcoin will not do that for you.

Not that it isn't still speculative, we're just further down the line now than 'can dapps', hopes of real world use cases have been met with ideas and work going into realistic projects, I'm just wondering if these would still be viable under bitcoin so I can better organize my bets.

Projects that can be distilled into multi-sig with an oracle can be implemented in bitcoin right now.

What realistic projects are you thinking of?

Listen up faggots, here's a quick rundown on Vitalik and Etherum:
>Rothschilds bow to Vitalik
>In contact with aliens
>Possesses psychic-like abilities
>Controls the blockchain with an iron but fair fist
>Own castles & banks globally
>Direct descendant of the ancient royal blood line
>He will bankroll the first cities on Mars with Ethereum (Buteringrad will be be the first city)
>Own 99% of DNA editing research facilities on Earth
>First designer babies will in all likelihood be Ethereum babies
>Vitalik is said to have 215+ IQ, such intelligence on Earth has only existed deep in Tibetan monasteries & Area 51
>Ancient Indian scriptures tell of an angel who will descend upon Earth and will bring an era of enlightenment and unprecedented technological progress with him
>He owns crypto R&D labs around the world
>You likely have Ethereum inside your computer right now
>Vitalik is in regular communication with the Archangels Michael and Gabriel, forwarding the word of God to the Orthodox Church. Who do you think set up the meeting between the pope & the Orthodox high command (First meeting between the two organisations in over 1000 years) and arranged the Orthodox leader’s first trip to Antarctica in history literally a few days later to the Ethereum bunker in Wilkes land?
>He learned fluent French in under a week
>Nation states entrust their gold reserves with him. There’s no gold in Ft. Knox, only Ethereum
>He's about 7 decades old, from the space-time reference point of the base human currently accepted by our society
>In reality, he is a timeless being existing in all points of time and space from the big bang to the end of the universe. We don’t know his ultimate plan yet. We hope he is a benevolent being.

>There is no non-speculative use case for ethereum

The same could be said of every other crypto save for BTC.

Let's use golem and IEX, edgeless, gnosis

Not realistic enough for me to have a good amount of skin in as yet, I'm still much heavier on ETH for the wide coverage, but they have my eye and an OK could work kind of attitude.

I don't approach any of this with a BTC vs everyone mentality anyway though, I started with BTC but have spread some of those winnings out to some other selections, but with BTC as the clear leader if it is capable of doing what other coins are seeking to do I'll keep the eggs distributed accordingly

Etheroll and winsome have production environments. Etheroll and vdice, both basically Satoshi dice dapps for ethereum, use an Oracle. Winsome, to the best of my knowledge, uses a randomization technique built into the contract though, no oracle.

Edgeless is closed source and/or still in development, so no real clarity on how it works or what is used to procure game results.

I'm invested in etheroll and vdice, both of which are gambling sites built on ethereum smart contracts. I am an info security professional who works for a fortune 500 financial institution. Ama

And this is why i hate eth.

I hope it crashes harder than Paul walker

quick rundown on vdice?

You forgot he learned fluent Spanish and Manderian by drinking vodka every hour on the hour

This is half true. I read he learned to read and speak fluent Mandarin in a few months.

1.75% edge "dice" gambling game using an Oracle method, similar to Satoshi dice and etheroll. Oraclizer randomly generates a number between 1 and 100, prior to the roll you decide what win probability you want (between 5 and 95% less house edge, iirc), and then you roll.

For info on the crowd sale and resulting vslice tokens, you're better off reading their blog or bitcointalk page; There's way more info than I can fit in one post. Token sale was pretty successful, and the site is clean and modern looking, and will likely be reasonably profitable in the long term, barring some unforeseen circumstances. Devs are currently looking at expanding beyond dice games to more traditional casino style games (roulette, blackjack, etc) to compete with winsome and edgeless, but I haven't followed development of these projects too closely as they're still pretty far from live.

Basically a faster bitcoin with cheaper transactions and transactions that can be programmed so that criteria have to be met to move the transactions

But then on that same network people can make apps websites ect