Vitalik openly admits he doesn't trust his creation

[spartak_t]

That's right, folks. This is the difference between people like Charlie Lee, who left their job to focus on their creation and people like Buterin who "diversify" in boats and bitches. He just used other words such as "fiat", "real estate" etc.. What happened with "welcome to the beginning"? Many of you (at least I'd like to think so) are happy if they manage to sell 10 ETH (or BTC, or whatever) and buy back 11, while people like Vitalik are "diversifying" in something else. If you think that guys who are taking your money to fund their projects have the right not to believe in their creations, then you are free to call me a troll. The guy is already a millionaire in fiat and he's set for life, so he can easily afford an ETH/BTC/whatever failure, but no... he is "diversifying" in boats and bitches. What a hypocrite.............   

My respect to this guy just vanished.





Source: https://twitter.com/CryptoChrisG/status/877667235795419137

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[Pursuer]

that is what I have been saying for years. developers who don't even invest in their own project by buying it or mining it like the rest of us on even grounds are not to be trusted. because they don't care about their own project enough to do anything about it.
why do you think I like bitcoin, one of the many reasons is that Satoshi mined bitcoin alongside of many others such as Hal Finney who was the first person to download the client.

and right now all these altcoins (ethereum included) are just creating more and more lazy people who call themselves "developers" who just get paid for doing nothing (in case of ether 70 million premined ICO coins) and just sit back and post crap on twitter and enjoy the free millions of dollars they've got. there is no need for them to improve or develop they are already millionaires!

and when this fails, they just start another one from scratch and earn another couple of million dollars.

[loreRex]

The best way to invest is diversify. This applies even to crypto/non-crypto assets, so the guy is completely right.

[SimmonenY]

Yeah, I've never liked him anyway, he's a shady weasel . But frankly I have some ethereum investments only for the sake of diversity.

[spartak_t]

developers who don't even invest in their own project by buying it or mining it like the rest of us on even grounds are not to be trusted. because they don't care about their own project enough to do anything about it.

You're right, but this wasn't my main point. When you have 10s of billions $ invested in something you created, then at least you can do is not telling people you don't trust the system. Future is uncertain and digital currencies may fail and evolve into something else, but people are buying these crap and you must stand 101% behind your project, no matter what happens. Investors can call this stupidity, I call it guts. You must have the balls to fight in order not to fail people who trusted you. But no... lets buy some moar boats and bitches, while we can, and fuck the future. Vitalik is a genius (no question about it), but these are the words of a 23-year boy. I'm counting the days, until he step down from Ethereum as I'm 99.9% sure this will happen.  

The best way to invest is diversify. This applies even to crypto/non-crypto assets, so the guy is completely right.

Good point, but you don't say this to people. Can you tell me in what he will diversify if it wasn't Bitcoin or Ethereum? His words are the words of a hypocrite who says: "I already made millions, so I can buy houses, instead holding Ethereum or Bitcoin.".

[Minecache]

The best way to invest is diversify. This applies even to crypto/non-crypto assets, so the guy is completely right.

Yup this is a new pathetic low in Spartak_nts butt hurtness. Where was he when ETH exploded from $10 to $300? Crying into his mummy's arms no doubt.

[Almeida]

Wow, that was impressive and revealing...

[Almeida]

Future is uncertain and digital currencies may fail and evolve into something else, but people are buying these crap and you must stand 101% behind your project, no matter what happens.

Yeah, that's for sure! But people pumped it because of the ICOs. They pumped the shit out of ETH for SONM ICO, dumping BCT, that happened exactly at that moment. BTC plummeted to 2300-ish, ETH inflated to 380-ish. Someone screw up the exchange rates, because obviously some projects over eth platform, like sonm* and others, are better than the platform itself, so people migrated.

* i hold sonm, im just saying before accusations fly, i simply like the project...

[Minecache]

Wow, that was impressive and revealing...

Not really. If Vitalik had said anything else they would post a jealous thread saying 'Look he buys BTC because he doesn't trust his creation'. Blah blah blah. This thread and anything the Spartak_nt posts is pure unadulterated butt hurt at losing out a 5000x return and a mortgage free life.

Top fact: Spartak_nt still lives out his moms basement. He admitted as much last year.

[spartak_t]

Top fact: Spartak_nt still lives out his moms basement. He admitted as much last year.

I actually own 2 apartments and am working at AT&T. Care to share what do you do for a living (though yours can't be called life)?

[Spoetnik]

The best way to invest is diversify. This applies even to crypto/non-crypto assets, so the guy is completely right.

Uhh NOOB ..nope that is bullshit.
I have addressed that cliche here endlessly.

@Spartak
Nice find and i agree with you.
He's pretty stupid to admit that publicly.
And how much he has gotten from all this ETH ICO scam shit sickens me.

Funny i ran a poll here and users voted 70% they did not believe in the premise of ETH.
Now we see even the fucking founder doesn't..

I think a lot of idiot noobs just got a wake up call.

If i thought ETH was the Bitcoin Killer why would i diversify in the thing that is going to be defeated by the CURRENCY i own and control etc ? LOL

What a fucking greedy little idiot.  

By the way..
That is him making excuses for MORE dumping.


TopFact: Minecache sells Reverse-Mortgages to old people for a living.

[MedaR]

This proves fact once more, that majority is here only for the money. This is nothing new for me, i was aware when he cashed out more than 30k of ETH and all this under 5$. Amazing and people still belive in ETH more than Vitalik. I find this kind of talks about ETH can be very iritating for some members here. Why every discussion here must go off road..?

[Almeida]

The best way to invest is diversify. This applies even to crypto/non-crypto assets, so the guy is completely right.

Uhh NOOB ..nope that is bullshit.
I have addressed that cliche here endlessly.

But, diversification dilutes the risks, of being poor... and being rich 

[slaman29]

I don't think of ETH as much as I do Bitcoin but as Vitalik says, he is consistent in his lack of 100% confidence. What's wrong with being open about it? We all love Satoshi but he/she/they just disappeared, and many have abandoned Bitcoin over the years. Should that affect how we see BTC?

[btcdevil]

I don't think of ETH as much as I do Bitcoin but as Vitalik says, he is consistent in his lack of 100% confidence. What's wrong with being open about it? We all love Satoshi but he/she/they just disappeared, and many have abandoned Bitcoin over the years. Should that affect how we see BTC?

What ever you are telling is true but bitcoin technology is open and anyone can use it, but ETH is controlled by the developer and even he is holding junk of coins with him if any day like what he has said of diversifying it needs fiat currency then will just sell in the market and vanish and who ever is holding will be just holding for long time without value until anyone takes up and work on it.

[spartak_t]

This proves fact once more, that majority is here only for the money.

I see nothing wrong here! That's like to work and expect to receive a salary. But there's a "tiny" difference. You see, most people here refuse to believe that they may become rich, without screwing around with others. We are "veterans in something, which became a revolution" (and I strongly believe it will continue to do so). It's currently a bubble, because it will eventually reach a bottom/top and digital currencies will be much more stable, but until then everyone can make a lot of money. But no, they prefer to play with the coin of the day, until everything eventually crashes.

This is nothing new for me, i was aware when he cashed out more than 30k of ETH and all this under 5$. Amazing and people still belive in ETH more than Vitalik.

Do you know what's funny here? https://twitter.com/FAILCommunity/status/866252675607822336

Mindlesscache and his alt mining1 keep asking me how much I "lost" by not buying ETH and I decided to ask Vitalik how much he "lost". They/he never answered, because that's their "tactic" - to worship ETH no matter what (even that they/he were proved stupid beyond imagine).

[McWorse]

No way to make it right for some people.
Would Vitalik say: I deeply believe into cryptos and ETH, the same people here would be upset and puke the same shit in here.

You may believe in god.
But noone can believe for 100% into cryptos.
Too much things can happen the next 5, 10, 30 years. Who cuts this out might be everything, but not serious.

True words from Vitalik, but the shitheads here can't understand that.
Leaves me not surprised...

[Spoetnik]

The best way to invest is diversify. This applies even to crypto/non-crypto assets, so the guy is completely right.

Uhh NOOB ..nope that is bullshit.
I have addressed that cliche here endlessly.

But, diversification dilutes the risks, of being poor... and being rich  

That is exactly what it does.. it neutralizes the pros AND cons.
And what are you going to diversify into with crypto ?
Some other bullshit scammy corrupt pointless ICO coin ?

Compare to..https://www.neowin.net/news/microsoft-could-see-a-massive-increase-in-stock-price-to-102-according-to-analyst

This shit is fucking gay .

Butters did not get rich diversifying dumb fucking retards LOL

[webcam_models hiring]

"diversifying"

LOL, why You have entered to "Alternate cryptocurrencies"?

For Vitalik this job is only a project.
Who like his product "electronic money" - bought it, who like not - GTFO.

[spartak_t]

No way to make it right for some people.
Would Vitalik say: I deeply believe into cryptos and ETH, the same people here would be upset and puke the same shit in here.

You may believe in god.
But noone can believe for 100% into cryptos.
Too much things can happen the next 5, 10, 30 years. Who cuts this out might be everything, but not serious.

True words from Vitalik, but the shitheads here can't understand that.
Leaves me not surprised...

I was a shithead,
a) when I warned people about The DAO about a week before the attack.
b) when I said Razormind is a scam, which (eventually) raised 6139 BTC.
c) when the IRS contacted me regarding other scams.
d) because I'm part of the fucking FAILCommunity and FAILCoin.
e) because I refused to be a part of number of projects, which could have turned me into a multimillionaire.
f) because I'm not changing my stance, unlike ETH shills in here.

Yes, I am a shithead, who just likes to express his opinion and a shithead with a passion for digital currencies.