Bitcoin Forum

Haven't heard of that shitcoin for a long time.

scammers took money(btc) and run or slag off a bit to enjoy the free lobsters

It was overhyped... Will be interesting to see which of their promises they can deliver within their timeframe.. And what the price will di, especially since btc was more than double the price at ico time.

anyone have updates on Ethereum so far? haven't been following it lately, last i heard they were doing test and paying out bounties for people to break their system.

i think NXT is strategically waiting on Ethereum to see how they deal with smart contracts before moving into this space since its so new and untested.

Ethereum was the biggest altcoin scam EVER.

They took their 1000s of BTC and dumped it on the market and ran.

And when they dumped those 30000 BTCs in the market, the price of bitcoin went from 600usd to 200usd. So they scam a lot of people and kill the cryptos (including bitcoin). What a nice fucking well done job  >:(

what proof is there that they dumped the coins?

anyone have stats on how much they are paying their devs since its a "transparent" company? or is that info not public?

It's pretty much well known that their public wallets are now empty and people could see them getting lower each time they dumped.  ;)

i wonder how much the devs get paid....

Helped me when I was buying some more. :)

They got paid all of it, apparently:
https://www.reddit.com/r/ethereum/comments/39mhko/does_eth_intend_to_release_financial_statements/

You mean the media creation of the child prodigy Vitalik Buterin, who was previously an editor for an obscure magazine read by almost nobody and displayed no indication of programming skills, turned out to be a fraud?  I AM SHOCKED!   How did an obscure magazine editor receive more fame than the programmers of Bitcoin themselves?  Gavin used to work at MIT and yet our intelligence is constantly insulted each time the crypto media pushes forward some boy wonder genius and claims he has more intelligence, programming skill and drive than all the Bitcoin developers put together.

I'll lay down the truth.  Vitalik Buterin, even during his Bitcoin magazine days, was always traveling around the world and partying it up on other people's dime.  There's no way he has been programming for Ethereum if he is always flying to some party in Hong Kong or London or somewhere in the states, no absolutely way, anybody who has traveled a lot knows it throws you off from being productive.  Vitalik was obviously just a salesmen the entire time.   Whether Ethereum was "his" project or if it was really an external party who used him as a mascot, we don't know and may never find out.

People have been ghost coding in his name (like ghostwriting).  Whether that's Goldman Sachs who have a boiler room full of Indians programming Ethereum code or it's his friends, we don't know, but what do we know is they've already burnt through the money.
https://en.wikipedia.org/wiki/Ghostwriter

This is antecedent and coincidental but my observations, at the time, there was a correlation between Ethereum dumping BTC and the $Fiat value of BTC plummeting.

Maybe that is indication that the Bitcoin volume is largely faked in the bear market (bots trading amongst themselves) and when $millions do legitimately get dumped, the market can't sustain it and thus has to correct to a lower price.

So far*

There was already warning in advance.  Ever noticed they had an original IPO in January 2014, based out of Ontario (Canada), but abruptly ended it and later relocated to Switzerland to do their second IPO?  DING DING DING.  That was the first red flag.   If they couldn't run something legally in Canada (which barely regulates crypto compared to the US) then it's indication they were up to no good.

Bitshares may have not been as large of an initial scam, but they keep pivoting their scam and are right up there at this point.

Disappearium

LOL, I wish there was a tip function on this forum!

Why do you say shit like that when you know that's not true at all? Both have been transparent about what they are trying to do. Would you rather keep cryptocurrencies and blockchain technology stagnant than innovate and pivot where need be?

I'm terribly disappointed with this community. It discouraging enough that most people don't understand the importance of the blockchain, its even more discouraging when so called proponents of blockchain tech don't understand the importance of trying new things.

If you put you're money into one of these platforms thinking you were going to get rich quick you are a loser and don't understand how investing in start ups works.

Can't see one being bigger than that. 30k BTC. People choke on 100 btc icos now a days.

how much was the paycoin scam?

Not 30,000 Bitcoins worth. It was a huge scam.

Heh.  Been there done that.  I spent most of last year talking with multiple BIG international law firms about where was the best place to locate a crypto company.  All they could do is tell you that it's a regulatory minefield out there (with moving, heat-seeking mines) and nobody knows what the regulators will do ... including the regulators.

So watching any crypto company pivot and dance just means they are dodging regulatory bullets as they see them coming, nothing more.

I thought everyone knew it was scam by now. 30k BTC coins dumped out on market without any developments at all.  :-\

Priceless.

Buterin has moved on to another scam IPO. LaZooz.

It has entered the Frontier phase and the dev tools are good
enough to do some serious work with.

You have probably not heard about it because Ethereum is not so well
represented here in the Shitcoin & Shill City.

Ya man, the Monero cocksuckers effectively killed this place...
So now every week a new sociopath takes over... one week it's JokeWeed, the next it's TrannyStew.

https://stats.ethdev.com/

Shitcoin & Shill City, that's funny :-)))

Please be careful with your statement because you will hurt the feelings of the local resident cheerleaders. After all, for example, the lead developer of Vertcoin is a 17 years old school boy who last week was preparing  for his A level exams (and young man was understandably upset that he doesn't have time to develop the coin which will bring prosper and happiness to humanity) ... and actually he is one of the better devs here as at least the young man is trying to do something meaningful with his time by completing his high school ... oh dear .. oh dear.

Now, we have to compare the 17 years old Vertcoin lead developer to Dr. Gavin Wood, the lead dev of Ethereum. Gavin is a fine scientist and a brilliant C++ developer, and therefore obviously he can't compete with the 17 years old devs in Shitcoin & Shill City. Don't expect the shitcoin foot soldiers/scheerleaders will check out Gavins' code and work even it is public in Github, that's not how they operate, they just scream Ethereum is a scam while getting scammed by con artists on Bitcointalk.

Shitcoin & Shill City is a strange world indeed.

It doesn't matter. As long as somebody makes a platform to connect key mulitiplication with ethereum contracts in order to make a provable ethereum-bitcoin exchange, then you can create contracts in ethereum that just have the first execution condition being "start when account X has Y money in it". It's like non-zero volume to be valuable. Hell you wouldn't even need to do the money in ethereum coins, the contract could just be fulfilled as executing a very cheap tx which has data in it which is a nonce-password to unlock bitcoins for some party that has another part of the password. Ethereum would just be like namecoin super cheap, and primarily the means to execute the underlying code. Their value would depend solely on the value of the usefulness of the protocol and its differences from bitcoin, which would make people WANT it to work, which would make them WANT to mine it in order to protect and promote that protocol, which would drive up the price of the coins.

people are butthurts so long already, whenever this scam ico release people going to dumps it like crazy
it was too long holding back on their btc, it was around $650 each but now $240 on their btc, good investment  ;D

last count around 64,000,000 ether sold, chance the scam will releasing 200,000,000 of them or more to give to themself, others, and baby dog they brought to office with them. i'm sure they will giving this dog enough ethers so it can live the high life style for the rest of it life, just example, lol. all and all investors(the people bank) will always getting butthurt in this scam world

Ethereum is a scam plain and simple. They haven't produced shit especially for 30,000 btc when it was worth 900$ a coin. Fuck you could build a ship to the moon for real with that.

u/tipbot/traderman/+2000 BTC

or something.

right? I don't Reddit.

This topic was introduced not too long ago, expresses the need for an "Intheoreum" :

https://bitcointalk.org/index.php?topic=1073114.0

Your glitter guy post reminded me of this piece of work someone did when the Ethereum IPO was on. I'm not saying Ethereum was originally intended to be a blatant scam, but it's beginning to look worse and worse after each new delay to the project. It will be interesting to see if the end result was worth investing in.

http://s30.postimg.org/bg26gt375/glitter_guy_vitalek_buterin.jpg

nice one... got a good lol on that...

That's why IPOs, especially if they collect more than 100 BTC, are always a scam in crypto.

100% of all cryptocurrencies, for the most part, are programmed in the proverbial basement.

To be fair that is really no different from the origin of Apple, Google and numerous tech companies.  But the difference was those companies actually waited many years before issuing a public IPO (sometimes even as long as a decade) and had completed products and revenue streams.


How come Apple and Google didn't need an IPO before releasing stuff but Ethereum needed $16 million and subsequently blew right through it?  As I said IPOs in crypto are largely scams.

Hello Vitalik.  I see what you did there...

NEM has implemented some of the stuff as of now

And they plan on doing a lot more that these guys promised. The good stuff.

I trust these guys. They deliver and have been. So it's got to be in my portfolio. There's other crypto to of course. NEM is on list

Discussions, development and the testnet are all alive and kicking.  ;D

https://www.reddit.com/r/ethereum/
https://github.com/ethereum/
http://stats.ethdev.com/

A few fixes more and it's ready to go.
https://github.com/ethereum/go-ethereum/milestones/Frontier

NOTE: More productive discussions moved to /r/ethereum because of the hate and FUD here at btt. "Scam" is too easily thrown around.

... What is wrong with you people?  No wonder Ethereum moved away from this medium.  In fact, why is anyone here?  Why spread blatant misinformation?  I suppose it's only to pump your investments while fudding all others in hopes of chasing the almighty buck.  Pretty pretty.  And ultimately futile.

This is not the best place to do your research, can't make heads or tails of anything. What a waste.

Oh contraire - you will find the reaction towards Ethereum isn't anymore pleasant anywhere on the internet except on "mediums" Ethereum controls (like their moderated subreddit and censored ghost town forum).

https://docs.google.com/document/d/1MdvfZibhuQLr4104vicHtJ4RMP8uCmHIuvcEnq3QL4U/edit
Starts on pg 4

I would say the public mood of Ethereum, especially recently, took a nose dive after the chat leaks. . . . Don't worry by now many people have backed up those logs.  ;) Yes a lot of people here and elsewhere are of the opinion that Ethereum has fraud and robbed them.

  The Ethereum cultists were quick to deny and condemned the sinners but the evidence looks damning to me.  They've blown through the $16 million, constantly insulted their investors, crashed BTC from $600 to $200, developers may soon be cut off and indefinite delays!  Time to call a spade and spade:  Ethereum is a scam and the biggest one yet.

Thanks for that, much more useful.  Looks like there are clearly issues at play, financial and personal.  But, no different than many companies face, I suppose.  Time will tell.  I'm not invevested but certainly interested in how this one plays out. Could be quite the achievement, or, quite the failure.

This is the twisted Monero scorched earth disinformation strategy...
Applied to anything Gen 2.0 by a mentally ill Bitcoin Maximalist.

This forum really needs to be shut down. It brings out the worst even in relatively sane people  >:( >:( >:(

Vitalik gave up months ago, now it's just a theater act to keep his investors happy.

Reason: https://www.cryptocoinsnews.com/cryptocurrency-burst-makes-smart-contracts-reality-happened-ethereum/ (https://www.cryptocoinsnews.com/cryptocurrency-burst-makes-smart-contracts-reality-happened-ethereum/)

What phone does he have...? Looks old and can't give very good pictures. He'd definity benefit from going to a professional studio to get a decent portfolio.

Weight looks nice, but he has a very pointy elbow! :(

Elbows too pointy.  Eyes too far apart.  Does he even lift?!  2/10.  Wood knot bang.

But his abs look good.

what the fuck is wrong with you? It's vaproware that was supposed to be released 7 months ago. People on this forum, people who invested in the ICO didn't set the date, the shitcoin devs did and they still haven't released the shitcoin. If they said "hey I'm gonna hold your money for a year while I make some cool blog posts" when they asked for money then no problem, that's transparency. That's not what they said, so now they hide off on their own forum telling sheeple they are going to change the world while they do lines of coke off hookers tits with the ICO money..

Right.  There was some initial dissent but it later leveled off.  It only re-emerged to the surface when chat leaks made the allegations of disrespect towards investors, somehow spending through $16 million in a year and  indefinite delays which means Ethereum may not release (it was already far behind schedule).

Bitcointalk, although it is viewed as the dungeon of the internet, is not an intentionally cruel place.  As much bad as people may talk about this website: this website outlived and exposed hundreds of scams and there were always voices of concern here.   A broken clock is right twice a day, and on this forum there are a lot of broken clocks, but travesty was evidently on the horizon when $16 million was given to a teenager in Canada.  There was no transparency or accountability in how this $16 million was managed and now people cry foul of the results.

If it's vaporware I wonder how it is possible that I'm
developing contracts, compiling them and sending them ether.

I didn't put any money in the Ethereum IPO so it's all the same with
me if they spent their millions on hookers and blow.  What matters
is the tools they've released and the technical innovation that is there.

And when i say innovation, I mean a real innovation and not
what passes as innovation in this forum.

Where did you see that? I thought that this is a very ambitious project and naturally taking more time. The decrease in Bitcoin price didn't help either.

I'm happy to hear you enjoy jacking it to vitaliks blog posts, but that doesn't mean Ether isn't vaporware.

And nothing I've read here means it's anything more than a very long delayed and often troubled software release.  No one really knows.

The tone of the posts is awful in here.  The information useless, and often incorrect when I went to look further, for the most part.  There are a handful of people with intelligent comments, aside from that, yikes. I'm out, this is not for me.  Super unprofessional and toxic environment, makes the whole coin world look like junk, certainly not worth time or money.

An old phrase in english is: judge someone by their actions and not by their words.   We are not the ones who blew through $16 million dollars.  Go ad hominem and red herring all you want but it's been established that Vitalik & co' were spendthrifts who spent through a fortune and have little to show for it.  No amount of rhetorical fallacies can excuse the wrong Vitalik has done on the cryptocurrency community.  

It wasn't just the $16 million but his reckless, almost immature, dumping of BTC that sent the price from $600 down to $200.  Vitalik has negatively impacted the entire userbase of Bitcoin - he belongs up there with Mark Karpeles of MtGox.

How is this vaporware?
https://github.com/ethereum/

All that's needed is the devs to press the launch button.

The launch date was supposed to be 7 months ago.  If there wasn't chat leak, I can guarantee it there would be no dissent right now.  People can be patient but patience is paper thin when there's rumor that Captain Vitalik Barbarossa may had spent all the booty and the ship can't get out of dock.  I'm sure they may had been toying with me but the current rumor I just received is Vitalik is running around China trying to secure a bailout to continue Ethereum..

Anyway I noticed the pot is beginning to simmer on the Ethereum Reddit and there's too many uncomfortable questions being asked about money.

https://www.reddit.com/r/ethereum/comments/3be5v5/are_there_contingency_plans_in_place_in_the_event/
https://www.reddit.com/r/ethereum/comments/3bbs4p/doing_some_research_on_crypto_projects_is/
http://www.reddit.com/r/ethereum/comments/39ujsp/founder_salaries/


There might be dissent but it's not quite SHTF (shit hit the fan) yet.

Please forgive me that I missed his abs, they are simply stunning! Masturbation material right there.  :-*

How could you?  That's hard to miss.  I wonder what kind of work out one should do to achieve such a very good physique.

Lobsters people.
Lobsters everywhere.

rename it to         ethanolium          :D

Ethereum is the biggest altcoin scam ever pulled off. These guys raked their investors over the hottest coals.

Willing to put a friendly wager on that?  I mean, you seem so sure.  You must be right and know everything, surely you're not just spreading misinformation. 1 BTC on release?

https://github.com/ethereum/go-ethereum/milestones

If you're not into scams I encourage you to consider litecoin. Learn more at litecoin.com.

Hey that's not cool! We hate facts!

You have to eeeeease into it. You can't just come flying out of the gates like that! Warm yourself up a little. Trolling is a marathon... not a sprint! Now you have blown your cover! The Tao of trolling is an art form, not a color by numbers my little Padawan. The darkside awaits you with open arms my young apprentice, but you must never call something a scam without doing your homework. I understand... you saw a good old fashioned troll-Orgy and couldn't resist. I was once young too, hehehehehe! But now, look how stupid you look? 99% complete, and it's a scam? You are now on point! Why? Because you are useless to me now. Maybe you will survive, but based on your obvious lack of intelligence... I fear the worst!


Place your bets! Place your bets! DE or TS? Place your bets!

What is wrong with you guys? The trolling was going so well, then some asshole posts SOME facts and you all shut up? Come on guys! They work on code, and we trash their effort with bullshit! This is why BTT is soooooooo credible. How dare that little prick keep us quiet with facts!

Just look at all the posters here. Please remember these guys when you want real information. These guys are the best that BTT has to offer. They don't care about garbage facts... their opinions are what matters. 99% DONE? What about that 1 % left? Lets attack that!

Here is another scam project from the MaidSafe dev team which managed to get the SAFE Network functioning from end to end. http://blog.maidsafe.net/2015/07/01/the-ants-are-coming/ Can you believe this scam? Who are they fooling? We are the gatekeepers of truth! 100,000 LINES OF CODE condensed into only 10,000? Scammers! Why did they rip us off? Where did the rest of the code go? Did they sell it to the Chinese? Where is our code, scammers?

XRP making deals with some of the top banks on this planet? Scammers!

BTS can do 100,000 TPS? Scammers!

Invest in projects with fair distribution (73 ACCOUNTS) like NXT! JUST LOOK AT ALL THE VC COMING to NXT! Are you people blind?

Truthcoin, Tezos, Tendermint, Medici, Pebble, Filecoin, BlockSign are all scams too!

Invest in projects with fair distribution (73 ACCOUNTS) like NXT! JUST LOOK AT ALL THE ASSETS AND VOLUME WE DO!! Are you people blind?

BTT is the only place where a project can survive, because the quality of people here are ABOUT TRUTH... NOT FACTS!



https://www.youtube.com/watch?v=lR7xUdUbl-U  

What is happening here??  Let's get back to topic.

https://thechive.files.wordpress.com/2011/08/funny-russians-2-42.jpg

My apologies. Where were we? Ah, yes...

https://i.imgur.com/qhwbdhN.png


Stay classy BTT!

This photo is so accurate I would consider to replace btt logo with it :)

Is this a scam?

Oh wow.  Took a dump on someone and got a boner.