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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: bitcoinlitcoinbtcltc on February 05, 2016, 06:18:50 PM



Title: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 05, 2016, 06:18:50 PM
LOL, this is the address of the exchange where 80% of Ethereum ''volume'' is traded.

Idiots getting burned by investing in ponzi scheme, ipo shitcoins and hoping that they can replace legitimate altcoin like Litecoin by spamming and scamming.... HAHAHA

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FzjA6JQH.png&t=561&c=VKtfvhlfLZ0oxQ

Credit:

https://bitcointalk.org/index.php?topic=1352790.20


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: benthach on February 05, 2016, 06:25:02 PM
almost 2 years included ipo period and all they have is ice age monkey wallet call mist for consumers/investors but the hypes and manipulating is still amazing!
no in wallet plug and play dapp, no in wallet smart contracts with other coins, no tech, just edited version of blockchain network with geth for the queers to pokes around.
the tech is unproven, unsafe and as most of us have learned it is unscalable, it seem eth team know about this. if they release the wallet now it would choke it centralized network.
this coin pump  is not natural, it is whales mentally challenge game.
as i always stated the whales are not going to be here forever to play the manipulating game with this scam coin.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 05, 2016, 08:46:26 PM
Please if you read this, make sure to up this topic every hour if you get the chance . People must see the scam ETHER is !!

ETHER SCAM
ETHEREUM SCAM


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Videodrome on February 05, 2016, 08:59:22 PM
you forgot kraken..the leading exchange of ETH..were wales play big games...


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: remonade on February 05, 2016, 09:02:28 PM
Ether reminds me of Paycoin. Except the Eth guys are smarter.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: ArticMine on February 05, 2016, 09:16:34 PM
Please learn something about how incorporation works.

This proves what I may ask?

It is most likely the address of the Registered Agent for Poloniex. Registered Agent is a service typically provided by legal firms and is the address where legal documents are served on a corporation. This is a requirement of incorporation in most jurisdictions.

Edit: If one wants to sue this is where one sends the process server.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Come-from-Beyond on February 05, 2016, 09:23:04 PM
LOL, this is the address of the exchange where 80% of Ethereum ''volume'' is traded.

Idiots getting burned by investing in ponzi scheme, ipo shitcoins and hoping that they can replace legitimate altcoin like Litecoin by spamming and scamming.... HAHAHA

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FzjA6JQH.png&t=561&c=VKtfvhlfLZ0oxQ

Credit:

https://bitcointalk.org/index.php?topic=1352790.20

Could you expand your post describing if it's good or bad and to what degree? My IQ is not high enough to derive this myself.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Videodrome on February 05, 2016, 09:26:15 PM
probably one day he will realize that is the legal address


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: stoat on February 05, 2016, 09:44:56 PM
Success breeds jealousy. 



Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 05, 2016, 09:46:20 PM
LOL, this is the address of the exchange where 80% of Ethereum ''volume'' is traded.

Idiots getting burned by investing in ponzi scheme, ipo shitcoins and hoping that they can replace legitimate altcoin like Litecoin by spamming and scamming.... HAHAHA

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FzjA6JQH.png&t=561&c=VKtfvhlfLZ0oxQ

Credit:

https://bitcointalk.org/index.php?topic=1352790.20

Could you expand your post describing if it's good or bad and to what degree? My IQ is not high enough to derive this myself.

It's a VERY BAD thing. The legal address of the exchange where 80% of ETHER volume is, is a BARN in the middle of nowhere IN THE WOODS.

Even IF that's just a ''cover address'', it just shows that they do not have provided a REAL ADRESS, meaning that they are HIDING SOMETHING.


Ether IS a PUMP AND DUMP SCAM COIN.

There was a FREAKING IPO FOR FUCKS SAKE. Have you ever heard of a CURRENCY with an initial public offering?! If you have, it was probably another SHIT crypto''currency'' like paycoin/dash/dark/etc. (WHICH ALL HAVE FAILED MISERABLY)

Don't be blinded by FAKE ether volume. Most of it is traded on meaningless, non-player exchange which name has similarity of a disease (polio).

And Kraken is having MAJOR PROBLEMS RIGHT NOW. For WEEKS users have not been able to withdraw THEIR OWN BITCOINS.

AVOID ETHER.

BUY ETHER IF YOU LOVEEEEEE LOSING MONEY THOUGH!!!


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: stoat on February 05, 2016, 09:53:20 PM
This thread is what sheer desperation looks like


http://i68.tinypic.com/iw6r1h.jpg


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 05, 2016, 10:20:21 PM
Randomly reminder:

Main Ether exchange is registered in a barn in the woods in the middle of nowhere.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: DaveyJones on February 05, 2016, 11:14:48 PM
Randomly reminder:

Main Ether exchange is registered in a barn in the woods in the middle of nowhere.

Still its the Home of Lawyers as you said yourself. Thus its providing an adress where LEGAL issues can be sent. I don´t get your point.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: impulse709 on February 05, 2016, 11:15:41 PM
LOL, this is the address of the exchange where 80% of Ethereum ''volume'' is traded.

Idiots getting burned by investing in ponzi scheme, ipo shitcoins and hoping that they can replace legitimate altcoin like Litecoin by spamming and scamming.... HAHAHA

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FzjA6JQH.png&t=561&c=VKtfvhlfLZ0oxQ

Credit:

https://bitcointalk.org/index.php?topic=1352790.20

lol you just mad you still live ina basement apartment :p . that place looks kinda nice imo. lol.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bathrobehero on February 06, 2016, 12:06:03 AM
Success breeds jealousy. 



And jealousy breeds caps lock spam.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: commandrix on February 06, 2016, 01:26:25 AM
Success breeds jealousy.  



And jealousy breeds caps lock spam.

And caps lock spam breeds people not taking posters screaming about a scam without much proof beyond a Google Maps satellite image seriously.

But seriously. I've got my eye on what's going on with "smart contracts" and that includes Ethereum. If it does crash and burn, maybe somebody with some skillz could take it over and rebrand?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: houlala1 on February 06, 2016, 03:03:37 AM
I recognize that place

I have been in a brothel like this before !


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Chew Kok on February 06, 2016, 03:21:44 AM

Is Bentach and bitcoinlitcoinbtcltc same person? They both seem to have some kind of retardation.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: foggyb on February 06, 2016, 03:38:41 AM
Lets see the ethereum team deliver something of substance so we don't have to speculate about their legitimacy. I understand what Buterin is trying to do, but I'm very skeptical that he can pull it off.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Chew Kok on February 06, 2016, 03:53:34 AM
Lets see the ethereum team deliver something of substance so we don't have to speculate about their legitimacy. I understand what Buterin is trying to do, but I'm very skeptical that he can pull it off.

Healthy skepticism is good. I have no idea what a Buterin is, but look at what this person accomplished.

https://i.imgur.com/3KCbM8y.jpg

I will service this Buterins undercarriage if he pulls it off.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: benthach on February 06, 2016, 05:00:44 AM
Lets see the ethereum team deliver something of substance so we don't have to speculate about their legitimacy. I understand what Buterin is trying to do, but I'm very skeptical that he can pull it off.

yes, after 2 years and butterin/team got about $50mil and all these dumb bagholders got is ice age monkey wallet, no easy in wallet dapp, no in wallet smart contracts of other coins, the hype about ibm is gone as they went to creating their own coin. all they have now is hype from dying company like microsoft azure which also have other shit coins like ripple and emercoin.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: benthach on February 06, 2016, 05:02:39 AM

Is Bentach and bitcoinlitcoinbtcltc same person? They both seem to have some kind of retardation.


i'm your daddy, cum chew my..... finger. welcome to the queer coin etherooereeiirum bagholder club. lol
by the way chew kok is perfect name for you, son.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Chew Kok on February 06, 2016, 06:37:00 AM

Is Bentach and bitcoinlitcoinbtcltc same person? They both seem to have some kind of retardation.


i'm your daddy, cum chew my..... finger. welcome to the queer coin etherooereeiirum bagholder club. lol
by the way chew kok is perfect name for you, son.

Bagholding implies you are hodling a bag that is worthless. Last time I checked ETH is at $2.50? This is why I asked if you were retarded? Your Engrish is poor, but your intellect is that of an imbecile. ETH investors should be happy you are trolling them. If I was an ETH investor, I would be worried that an imbecile like you was on board. People would say... "Damn, Benthach understands ETH! If an idiot like him gets it, then how impressive could it really be"?

Its sad, but true. You are harmless, and the community keeps you around like the way a basketball team has a person with special needs holding a chart. It's important you feel wanted. I understand, and so does everybody else. You can't be my daddy, but you can be my friend? Do you want to be my friend Benthach? I have a shiny new Hockey helmet that has your name on it. Would you like that... buddy?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Spoetnik on February 06, 2016, 06:41:19 AM
Success breeds jealousy. 



"ok generalizethis"   ::)

every coin i ever criticized i was jealous of i was told.. a classic shit coin scene retort  :D


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: benthach on February 06, 2016, 06:44:49 AM

Is Bentach and bitcoinlitcoinbtcltc same person? They both seem to have some kind of retardation.


i'm your daddy, cum chew my..... finger. welcome to the queer coin etherooereeiirum bagholder club. lol
by the way chew kok is perfect name for you, son.

Bagholding implies you are hodling a bag that is worthless. Last time I checked ETH is at $2.50? This is why I asked if you were retarded? Your Engrish is poor, but your intellect is that of an imbecile. ETH investors should be happy you are trolling them. If I was an ETH investor, I would be worried that an imbecile like you was on board. People would say... "Damn, Benthach understands ETH! If an idiot like him gets it, then how impressive could it really be"?

Its sad, but true. You are harmless, and the community keeps you around like the way a basketball team has a person with special needs holding a chart. It's important you feel wanted. I understand, and so does everybody else. You can't be my daddy, but you can be my friend? Do you want to be my friend Benthach? I have a shiny new Hockey helmet that has your name on it. Would you like that... buddy?

chew kock is soon to be buttnrin ethoreruiem bagholder, congrats! you know what? you and buttrin are sound perfect together, we all should change this coin to queer coin united or wait until a working wallet come out? oh wait, it is not wallet, it is a mist! perhaps 500 years when a solid mist coming out? do you even know or expecting what is come with the mist or perhaps you're just want to hold bag with everyone else because the hypes is too much?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Chew Kok on February 06, 2016, 07:00:14 AM

Is Bentach and bitcoinlitcoinbtcltc same person? They both seem to have some kind of retardation.


i'm your daddy, cum chew my..... finger. welcome to the queer coin etherooereeiirum bagholder club. lol
by the way chew kok is perfect name for you, son.

Bagholding implies you are hodling a bag that is worthless. Last time I checked ETH is at $2.50? This is why I asked if you were retarded? Your Engrish is poor, but your intellect is that of an imbecile. ETH investors should be happy you are trolling them. If I was an ETH investor, I would be worried that an imbecile like you was on board. People would say... "Damn, Benthach understands ETH! If an idiot like him gets it, then how impressive could it really be"?

Its sad, but true. You are harmless, and the community keeps you around like the way a basketball team has a person with special needs holding a chart. It's important you feel wanted. I understand, and so does everybody else. You can't be my daddy, but you can be my friend? Do you want to be my friend Benthach? I have a shiny new Hockey helmet that has your name on it. Would you like that... buddy?

chew kock is soon to be buttnrin ethoreruiem bagholder, congrats. you know what? you and buttrin are sound perfect together, we all should change this coin to queer coin united or wait until a working wallet come out? oh wait, it is not wallet, it is a mist! perhaps 500 years when a solid mist coming out? do you even know or expecting with the mist?

So, you don't want to be friends? My Google translate doesn't translate retard, so I'm confused what you just wrote.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: benthach on February 06, 2016, 07:04:08 AM

Is Bentach and bitcoinlitcoinbtcltc same person? They both seem to have some kind of retardation.


i'm your daddy, cum chew my..... finger. welcome to the queer coin etherooereeiirum bagholder club. lol
by the way chew kok is perfect name for you, son.

Bagholding implies you are hodling a bag that is worthless. Last time I checked ETH is at $2.50? This is why I asked if you were retarded? Your Engrish is poor, but your intellect is that of an imbecile. ETH investors should be happy you are trolling them. If I was an ETH investor, I would be worried that an imbecile like you was on board. People would say... "Damn, Benthach understands ETH! If an idiot like him gets it, then how impressive could it really be"?

Its sad, but true. You are harmless, and the community keeps you around like the way a basketball team has a person with special needs holding a chart. It's important you feel wanted. I understand, and so does everybody else. You can't be my daddy, but you can be my friend? Do you want to be my friend Benthach? I have a shiny new Hockey helmet that has your name on it. Would you like that... buddy?

chew kock is soon to be buttnrin ethoreruiem bagholder, congrats. you know what? you and buttrin are sound perfect together, we all should change this coin to queer coin united or wait until a working wallet come out? oh wait, it is not wallet, it is a mist! perhaps 500 years when a solid mist coming out? do you even know or expecting with the mist?

So, you don't want to be friends? My Google translate doesn't translate retard, so I'm confused what you just wrote.

chew kok you and buttnrin is friend, i shouln't get involve in this messy situation


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: BTcoint on February 06, 2016, 07:11:30 AM
This is not a reason to attack Ehereum and putting it in a box of cheating , there are many successful story for coin who the original DEv team run away so hiding the identity meaning nothing while the development continuous .
Good luck next time all to buy a cheap EH


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: benthach on February 06, 2016, 07:22:53 AM
This is not a reason to attack Ehereum and putting it in a box of cheating , there are many successful story for coin who the original DEv team run away so hiding the identity meaning nothing while the development continuous .
Good luck next time all to buy a cheap EH

hiding or no hiding all the same. satoshi is still hiding and his coin worth billions with a good solid working wallet. this homeless ehertherirueim get rich scammer buttnrin have no solid wallet and this is the reason his scam not worth that much? oh, wait, it is not wallet, it is a mist!


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Chew Kok on February 06, 2016, 07:32:30 AM
This is not a reason to attack Ehereum and putting it in a box of cheating , there are many successful story for coin who the original DEv team run away so hiding the identity meaning nothing while the development continuous .
Good luck next time all to buy a cheap EH

hiding or no hiding all the same. satoshi is still hiding and his coin worth billions with a good solid working wallet. this homeless ehertherirueim get rich scammer buttnrin have no solid wallet and this is the reason his scam not worth that much? oh, wait, it is not wallet, it is a mist!

You won't get away that easy! I am determined we be friends! I will be your wingman, ok? You be Mav, and I'll be Goose. ethoriiuume is poopy scmmay coin no have lite holy grail coffeee tabke on posidon adventure createed long mule trail mix coffin! Bunterin homebound eat shit!

I GOT YOUR BACK... BUDDY!


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 06, 2016, 10:51:06 AM
Random reminder that main exchange Ether is traded is operating from a barn in the woods.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Come-from-Beyond on February 06, 2016, 10:56:09 AM
Random reminder that main exchange Ether is traded is operating from a barn in the woods.

They operate pretty good, imagine what we would see if it operated from Wall Street.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Greenenergy on February 06, 2016, 10:58:42 AM
You say that they're hiding something, but that would be what I would do if I was making big money without paying my taxes...


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: robelneo on February 06, 2016, 11:05:45 AM
Random reminder that main exchange Ether is traded is operating from a barn in the woods.

They operate pretty good, imagine what we would see if it operated from Wall Street.
I agree they are good at it now the coin has been performing pretty good in the last so weeks,if they can do that on ethereum they can also do that on some other coins,wonder what would be their next project in line,can we have a peek on that


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 06, 2016, 11:08:37 AM
Cryptsy was also operating pretty good.
Same for Moolah.
Also, MtGox was HUGEEE. Operated pretty good for a while!
And remember Kraken? The exchange praised for so long? For operating sooooo good? It has been having withdrawal ''issues'' for WEEKS now (check reddit/r/kraken). LOL!



Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: tolikkk on February 06, 2016, 12:42:00 PM
all we do one free experiment for gold people and that there is no need to spend a lot a lot of money paying developers huge fees, test and cope with cyber attacks after the launch and to spend more money in the end from fear and edge by reducing the level before the credit card or PayPal, and there steal a hungry, boasting 180 million users, but can be quite proven mechanism, tested and improved every day, telling something about terrorism, just take over $ 1 million, and people play flute? And all the now in will and to say that is so not happening and all, but in the end we will see the same Ethirum, with a modified logo of the Golden people and the game is over


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: vlom on February 06, 2016, 01:11:58 PM
and here is btc classic. that must be a SCAM  ::)

https://i.imgur.com/SLQ6fKF.png (https://i.imgur.com/SLQ6fKF.png)

Rue du simplon 4, 1920 Martigny, Switzerland.

http://s15.postimg.org/bfbeaqr97/image.png (http://postimage.org/)




Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 06, 2016, 02:34:38 PM
and here is btc classic. that must be a SCAM  ::)

https://i.imgur.com/SLQ6fKF.png (https://i.imgur.com/SLQ6fKF.png)

Rue du simplon 4, 1920 Martigny, Switzerland.

http://s15.postimg.org/bfbeaqr97/image.png (http://postimage.org/)




Difference between a mailing address (PO BOX) in Switzerland of a team of volunteer developers, and a company registration address of an exchange in the middle of nowhere in some cabin in a random redneck town.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 06, 2016, 02:36:31 PM
and here is btc classic. that must be a SCAM  ::)

https://i.imgur.com/SLQ6fKF.png (https://i.imgur.com/SLQ6fKF.png)

Rue du simplon 4, 1920 Martigny, Switzerland.

http://s15.postimg.org/bfbeaqr97/image.png (http://postimage.org/)



Difference between a mailing address (PO BOX) in Switzerland of a team of volunteer developers, and a company registration address of an exchange in the middle of nowhere in some cabin in a random redneck town.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: BellaBitBit on February 06, 2016, 08:33:21 PM
Bill Gates started in a garage.  This thread is funny and I could care less about the location.  ETH is still interesting and has investors now.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: The Sceptical Chymist on February 06, 2016, 08:40:38 PM
Does ethereum not trade on Yobit?  I'm completely ignorant about this shitcoin, but I've been seeing its name all over bitcointalk for the past whatever number of months.  I just looked on Yobit, which is the only exchange I use except for Circle, and I did not see it.  They've got so many coins that it surprised me.

Also, did DASH really fail?  I thought it was a pretty good idea of more anonymity and such.  But I don't play with altcoins a hell of a lot so if it did fail I'd be the last to know.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Xavier59 on February 06, 2016, 08:48:48 PM
So Bitcoins is the best fake ever ? Because I still don't know where Satoshi lived.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 07, 2016, 05:28:03 PM
Reminder that Ethereum's main exchange is operating from a barn in the woods in the middle of nowhere.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: shanem on February 07, 2016, 05:40:23 PM
Reminder that Ethereum's main exchange is operating from a barn in the woods in the middle of nowhere.

Although you are saying that Ethereum is scam, its price is rising steadily for the past few days. Now it is going to reach 0.008 soon. Someone is buying up the ETH on poloniex.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 07, 2016, 08:28:05 PM
Reminder that Ethereum's main exchange is operating from a barn in the woods in the middle of nowhere.

Although you are saying that Ethereum is scam, its price is rising steadily for the past few days. Now it is going to reach 0.008 soon. Someone is buying up the ETH on poloniex.

2 possibilities. no, let me rephrase that: the only 2 possibilities for that occurrence; now, in the past, and in the future. No other explanation is applicable or legitimate, and no other option shall be even considered to be considered to be considered, for the fact is that the following 2 are and will remain the only 2 possibilities for the occurrence you detected:

1. Fake volume & buy orders from Poloniex. Given the fact that it is an exchange operating from a broken shed/barn in the woods in the middle of nowhere, this is the most likely scenario of the only 2 possible options.

2. Idiots buying and about to (guaranteed) lose their money.



Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: stoat on February 07, 2016, 10:15:37 PM
This thread doesn't work because most people know how registered business addresses work.

For instance a business which operates in a city could have a registered address in the countryside to take advantage of lower taxes and insurance costs.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Spoetnik on February 08, 2016, 02:40:31 AM
This thread doesn't work because most people know how registered business addresses work.

For instance a business which operates in a city could have a registered address in the countryside to take advantage of lower taxes and insurance costs.

Which is scammy  ::)


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: nichu on February 08, 2016, 03:51:54 AM
as long as there is no regulation in the crypto world this is going to happen all day everyday. some or a group can make the world believe that the volume is really high and make other rush to it and loose all or most of the value.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: stoat on February 08, 2016, 09:28:43 AM
This thread doesn't work because most people know how registered business addresses work.

For instance a business which operates in a city could have a registered address in the countryside to take advantage of lower taxes and insurance costs.

Which is scammy  ::)

Not really. Facebook Europe headquarters are in Ireland but they do most of their business in the UK and mainland Europe. to save money on taxes.

Apple computers ran a $200,000,000 computer company out of a garage




Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: YellowMoon on February 08, 2016, 10:50:21 AM
This thread doesn't work because most people know how registered business addresses work.

For instance a business which operates in a city could have a registered address in the countryside to take advantage of lower taxes and insurance costs.

Which is scammy  ::)

It is legal to register in a place and do business in another place. If the state does not like it, it can change the law.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: tokeweed on February 08, 2016, 01:20:25 PM

FYP


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: shanem on February 08, 2016, 03:50:04 PM
Reminder that Ethereum's main exchange is operating from a barn in the woods in the middle of nowhere.

Although you are saying that Ethereum is scam, its price is rising steadily for the past few days. Now it is going to reach 0.008 soon. Someone is buying up the ETH on poloniex.

2 possibilities. no, let me rephrase that: the only 2 possibilities for that occurrence; now, in the past, and in the future. No other explanation is applicable or legitimate, and no other option shall be even considered to be considered to be considered, for the fact is that the following 2 are and will remain the only 2 possibilities for the occurrence you detected:

1. Fake volume & buy orders from Poloniex. Given the fact that it is an exchange operating from a broken shed/barn in the woods in the middle of nowhere, this is the most likely scenario of the only 2 possible options.

2. Idiots buying and about to (guaranteed) lose their money.



If you are so confident that Ethereum is scam, you short use all your capital to short this altcoin now. The price of Ethereum is 0.00856 as I am writing on this thread now.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 09, 2016, 11:53:54 PM
Reminder that Ethereum main exchange is operating from barn in the woods.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: loki0505 on February 10, 2016, 03:29:54 AM
Reminder that Ethereum main exchange is operating from barn in the woods.

we don't care homeboy, we making that $$$$$$

http://4.bp.blogspot.com/-PkKNA36M-X4/TgvD-qMo8XI/AAAAAAAAA_o/SqiPbc4ylxY/s400/Fap3.gif


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Duomo on February 10, 2016, 08:34:25 AM
^ Agreed  ;D. What do I care if it is a garage in the wood operation? I could care less if it was a exchange in the middle of the Sahara Desert with no water as long as I am making $1,000+, $10,000+,$100,000+ or even a $1,000,000+. As long as I can secure my investment and withdraw my funds safely.  :D


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: sandiman on February 10, 2016, 09:17:45 AM
Looks like you are a hater that could not profit from Ethereum valuation, and evenmore, that you managed to lose money on it :o.
Nonetheless, I have to say that your trolling attempt was as mush as a failure as your ethereum investment ::)


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Dekker3D on February 10, 2016, 09:28:59 AM
Only time can tell if this accusation is true of false. If it indeed turn out to be another paycoin waiting to fall then there will be more people who'll going to lose their money since it is being heavily traded in Poloniex. So let's just hope that it won't be and that they have something real this time.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: lordoliver on February 10, 2016, 09:38:04 AM
Don't you know, how the garage looked, where steve build on the first apple computer?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: partysaurus on February 10, 2016, 12:31:58 PM
had a feeling it was a pump and dump operation , but you can still earn money from it if you get out in time.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 10, 2016, 01:48:58 PM
Reminder, some facts about Ehter:

1. Main exchange trading from garage in the woods.

2. IPO coin.

3. It is not traded on any major exchange. In fact, the main exchange it is traded at is only known to Ether users, and it is operating from a shed in the woods in the middle of nowhere.

4. The other exchange it is traded at, Kraken, has been experiencing major withdrawal issues for 5 weeks.

5. Ether has unlimited supply. This means it is worse than Dogecoin. Why would anyone buy a digital currency with unlimited supply? It defeats the purpose of digital currency.

6. Ether has no development at all. There isn't even an AVERAGELY functioning wallet.

7. Most of its volume is faked.

---

Copy and paste in all Ether threads to reach more people and create awareness of the scam that is Ethereum!



Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: stoat on February 10, 2016, 03:26:19 PM
Looks like a large detached home in an upmarket neighbourhood.

Does an internet based exchange need to be based in a skyscraper?

Real life is not like your anime


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Naughtis on February 10, 2016, 03:39:23 PM
Reminder, some facts about Ehter:

1. Main exchange trading from garage in the woods.

2. IPO coin.

3. It is not traded on any major exchange. In fact, the main exchange it is traded at is only known to Ether users, and it is operating from a shed in the woods in the middle of nowhere.

4. The other exchange it is traded at, Kraken, has been experiencing major withdrawal issues for 5 weeks.

5. Ether has unlimited supply. This means it is worse than Dogecoin. Why would anyone buy a digital currency with unlimited supply? It defeats the purpose of digital currency.

6. Ether has no development at all. There isn't even an AVERAGELY functioning wallet.

7. Most of its volume is faked.

---

Copy and paste in all Ether threads to reach more people and create awareness of the scam that is Ethereum!



Ether has unlimited supply. I think it is good. It can compensate for the loss of coins and do not make the coin too expensive. The inflation will be low in the future.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: stoat on February 10, 2016, 03:44:59 PM
Do you even know the difference between "digital currency" and "cryptocurrency"?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: loki0505 on February 10, 2016, 09:10:04 PM
Reminder, some facts about Ehter:

1. Main exchange trading from garage in the woods.

2. IPO coin.

3. It is not traded on any major exchange. In fact, the main exchange it is traded at is only known to Ether users, and it is operating from a shed in the woods in the middle of nowhere.

4. The other exchange it is traded at, Kraken, has been experiencing major withdrawal issues for 5 weeks.

5. Ether has unlimited supply. This means it is worse than Dogecoin. Why would anyone buy a digital currency with unlimited supply? It defeats the purpose of digital currency.

6. Ether has no development at all. There isn't even an AVERAGELY functioning wallet.

7. Most of its volume is faked.

---

Copy and paste in all Ether threads to reach more people and create awareness of the scam that is Ethereum!

I copied and pasted this to the Moderators and reported you for spamming.  thanks!


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: TPTB_need_war on February 10, 2016, 09:32:34 PM
The truth about Ethereum, i.e. borderline scam or at least technological incompetence:

Ignore the fud and the hype.  I'm long term excited about this project.

[...]

Even though I think eth will destroy the need and market cap of bitcoin (wait and see).  It won't happen today or tomorrow.  You are buying into a pump.  Wait until things are boring and then don't put off your purchase.

Eth is already better than bitcoin.  People just don't know it yet.  And the ecosystem is coming down the like at an insane rate.  Most popular alts are scams.

Why are you displaying your ignorance about technological issues that you are apparently incapable of comprehending? Even you were in my Reddit thread where I explained it, yet you somehow still are in this delusion that Ethereum is not incompetent.  ???

Ethereum is not better than any other scam. And it is a borderline scam or at least incompetence masked by technobabble from some young nerds who know some math and programming, but have limited capitulation to reality.

So why are you constantly making threads spreading pointless FUD about ethereum?

Yeah why are you doing that stoat?

And you are lying about my identity (https://bitcointalk.org/index.php?topic=707237.msg13835627#msg13835627) and have refused to retract your slander, when I am clearly not the two users you accused me of being (https://bitcointalk.org/index.php?topic=707237.msg13835627#msg13835627) and I have even shared my LinkedIn photo and identity (https://bitcointalk.org/index.php?topic=1346909.msg13751709#msg13751709).

Why can't you admit that Ethereum's developers suck and after $millions wasted, they still have not solved the most fundamental issue that must be solved in order to make scripting on a block chain work?

The technological challenge with a long-running script on a block chain is verification. The gas (and txn fees) are paid to the winner of the PoW block, not to all miners, but all miners (full nodes) have to endure the SAME cost of verification. Yet not all miners have the same hashrate, thus not all miners have the same income per block. Thus some miners recoup less of their verification costs than other miners. As I explained in greater detail (https://bitcointalk.org/index.php?topic=1183043.msg13800901#msg13800901), this forces mining to become 100% centralized in one miner with 100% hashrate.

Ethereum is off on another tangent named Casper, with shards, consensus-by-betting, etc, which is another hopeless and futile attempt to solve a problem that CAN NOT BE SOLVED BECAUSE OF THE INVIOLABLE CAP THEOREM!

Ethereum will never solve this problem and remain decentralized. Never. Thus all the scripts and products being built on top of Ethereum are headed to failure when Ethereum fails to solve the scaling problem of verification in a decentralized manner. Because centralization of scripting is meaningless, we always had that already.

I have solved the problem (https://bitcointalk.org/index.php?topic=1319681.msg13819991#msg13819991) because I realized verification MUST be centralized (due to the inviolable CAP theorem and the correct understanding that a 100% decentralized system can not solve the Byzantine General's Problem (https://bitcointalk.org/index.php?topic=1183043.msg13823607#msg13823607)), and thus I instead designed a way to control the centralization of verification with decentralized PoW miners (because each user submits a PoW share with their txn and because PoW mining is rendered UNprofitable for all parties).

So who will be the winner of everything? Me. Not Ethereum. Not to mention that marketing plan is light years ahead of any altcoin, because I will market directly to the millions of masses and achieve millions of adoptions (and be the first coin to do so).

Look I was there at the beginning telling Charles (one of the guys who founded and organized the creation of Ethereum) in Skype that Vitalik's PoW algorithm could be parallelized thus not CPU only, telling him that they could not solve the fundamental problem above, and telling him that they were going to raise too much $ with too many mouths to feed and still wouldn't solve the fundamental problems. Originally Charles was recruiting me to form this company, not Vitalik. But I balked and said I didn't want to raise all that money and I didn't want to start something until I was sure I had solved all fundamental issues. If you don't believe me, go ask Charles.

All the gory details about Ethereum's technical incompetence are here:

https://www.reddit.com/r/ethtrader/comments/42rvm3/truth_about_ethereum_is_being_banned_at/

Enjoy the Ethereum pump while it is hot and while people are ignorant of the truth about the technical incompetence of the Ethereum developers. Eventually the truth will come out and especially when my white papers (https://bitcointalk.org/index.php?topic=1219023.msg13835940#msg13835940) and coin are released.




Quote from: TrashMan
I just don't want the same thing happening to ZCash that happend to ethereum, Vitalik announced a while ago how much Ether the foundation had left and then the price skyrocketed because everybody was waiting for the whales to sell out.

Could you please provide to us a link to this announcement by Vitalik?

How do we know the insiders did not sell to themselves and have (intentionally) created a deception which caused P&D fever?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: morefunthantoast on February 11, 2016, 05:58:40 PM

6. Ether has no development at all. There isn't even an AVERAGELY functioning wallet.


Do you even know what github is?
Just because they haven't put out the "for dummies" version doesn't mean it's not getting done.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: rokkyroad on February 11, 2016, 06:05:02 PM

6. Ether has no development at all. There isn't even an AVERAGELY functioning wallet.


Do you even know what github is?
Just because they haven't put out the "for dummies" version doesn't mean it's not getting done.


You would think a decent wallet would have been the priority. I'm pretty sure the average eth owner is unconcerned, does not care, or does not understand the tech gobbledy gook.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: ryepdx on February 11, 2016, 06:56:11 PM
You would think a decent wallet would have been the priority. I'm pretty sure the average eth owner is unconcerned, does not care, or does not understand the tech gobbledy gook.

Nope. Ethereum is in its Frontier phase, during which the needs of dapp developers are emphasized. The next phase, Homestead, will focus on building a better user experience and will coincide with the release of a stable Mist wallet with a user-friendly installation process. (Mist is, again, already available for those who know how to navigate Github. There are even precompiled binaries available at https://github.com/ethereum/mist/releases (https://github.com/ethereum/mist/releases), so you don't have compile anything if you don't want to.)

Edit: As for the accusation that there's no development going on, I have to say that the project is incredibly active. It's just that most of what they're releasing right now is targeted at devs and technical users. The dapp ecosystem is also pretty exciting at the moment. It's just not particularly easy to access for most people yet, as user-friendliness was considered out of scope for this phase of development. Hopefully that'll change with the upcoming Homestead release, though.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Sark on February 11, 2016, 07:18:09 PM
Its ironic how Polo and Kraken are *crushing* every other crypto exchange in volume this week on the back of BTC/ETH pairs.

https://coinmarketcap.com/exchanges/volume/24-hour/

(this obviously excludes a lot of Chinese trading where they play by a different set of rules that is hard to compare directly.)


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 11, 2016, 07:19:33 PM
Its ironic how Polo and Kraken are *crushing* every other crypto exchange in volume this week on the back of BTC/ETH pairs.

https://coinmarketcap.com/exchanges/volume/24-hour/

(this obviously excludes a lot of Chinese trading where they play by a different set of rules that is hard to compare directly.)

And you are a noob who believes that volume is real. LOL


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: pimpjuice on February 11, 2016, 07:34:08 PM
Eth will soon crash (pretty freaking obvious pump and dump) and everyone will buy back into btc increasing the price just as ltc did during it's last big pump and dump.  C'mon... one exchange with almost all the volume (and now we find out it might be in some kid's basement)...  :-X


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: TPTB_need_war on February 11, 2016, 07:41:43 PM
Eth will soon crash (pretty freaking obvious pump and dump) and everyone will buy back into btc increasing the price just as ltc did during it's last big pump and dump.  C'mon... one exchange with almost all the volume (and now we find out it might be in some kid's basement)...  :-X

yeah I retract my upthread doubts about the relevancy of the exchange. I said there is no proof. Yet is is very suspicious if it is true that all volume is going through an exchange that is on a server that is not even colocated on a Host, thus no chance it might be audited by a third party. That could be for security reasons, but it could also be for nefarious reasons.

However is it proven where the server is? Is it proven all volume going through that server?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: smooth on February 11, 2016, 08:57:43 PM
Eth will soon crash (pretty freaking obvious pump and dump) and everyone will buy back into btc increasing the price just as ltc did during it's last big pump and dump.  C'mon... one exchange with almost all the volume (and now we find out it might be in some kid's basement)...  :-X

yeah I retract my upthread doubts about the relevancy of the exchange. I said there is no proof. Yet is is very suspicious if it is true that all volume is going through an exchange that is on a server that is not even colocated on a Host, thus no chance it might be audited by a third party. That could be for security reasons, but it could also be for nefarious reasons.

However is it proven where the server is? Is it proven all volume going through that server?

The server is almost certainly not there. The address matches a service providing a legal address for the corporation.

https://www.49dollarmontanaregisteredagent.com

Also, if you scroll out on the map a bit, it is clear that is a commercial neighborhood.

 


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: pimpjuice on February 11, 2016, 09:40:47 PM
Eth will soon crash (pretty freaking obvious pump and dump) and everyone will buy back into btc increasing the price just as ltc did during it's last big pump and dump.  C'mon... one exchange with almost all the volume (and now we find out it might be in some kid's basement)...  :-X

yeah I retract my upthread doubts about the relevancy of the exchange. I said there is no proof. Yet is is very suspicious if it is true that all volume is going through an exchange that is on a server that is not even colocated on a Host, thus no chance it might be audited by a third party. That could be for security reasons, but it could also be for nefarious reasons.

However is it proven where the server is? Is it proven all volume going through that server?

The server is almost certainly not there. The address matches a service providing a legal address for the corporation.

https://www.49dollarmontanaregisteredagent.com

Also, if you scroll out on the map a bit, it is clear that is a commercial neighborhood.

 

Houses in commercial neighborhoods are horrible! JK - good point.  I am less worried about the legitimacy of Poloniex and more concerned about the volume that went through that particular exchange. I would be surprised if this is another Gox.  I would NOT be surprised if this was similar to the LTC pump and dump this past year. 


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: loki0505 on February 11, 2016, 10:23:53 PM
checked my eth wallet this morning and converted to USD....

http://www.threadbombing.com/data/media/2/tumblr_kzyogtyQlt1qz7lkuo1_500.gif


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Sark on February 11, 2016, 10:27:44 PM
Meanwhile the people sitting in that cabin are watching the transaction fees roll in and trying to figure out which castle they should buy.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: loki0505 on February 11, 2016, 10:30:04 PM
Meanwhile the people sitting in that cabin are watching the transaction fees roll in and trying to figure out which castle they should buy.

i guess we all win ;-)


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: smooth on February 11, 2016, 11:44:59 PM
How many cryptocurrencies have meetups where Nick Szabo is the keynote speaker?

That's right, none, only Ethereum. 

and at least one other one

https://www.youtube.com/watch?v=cDO09EVFSmg


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: TPTB_need_war on February 12, 2016, 01:29:55 PM
I see ~93% of the volume is on Poloniex and Kraken:

http://coinmarketcap.com/currencies/ethereum/#markets

Does anyone know if these exchanges enforce strict KYC and keep records of all trades so that authorities will be able to determine who was selling to whom? So an investigation could determine if the insiders were buying from themselves to manipulate the price?

Afaik, this would be insider trading and should get them jail time (at least afaik according to SEC regulations).

The fools who support these scams by buying the coins and promoting them, are giving the government every reason to regulate alt-coins. You are polluting  the well from which we all drink.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 12, 2016, 03:12:15 PM
I see ~93% of the volume is on Poloniex and Kraken:

http://coinmarketcap.com/currencies/ethereum/#markets

Does anyone know if these exchanges enforce strict KYC and keep records of all trades so that authorities will be able to determine who was selling to whom? So an investigation could determine if the insiders were buying from themselves to manipulate the price?

Afaik, this would be insider trading and should get them jail time (at least afaik according to SEC regulations).

The fools who support these scams by buying the coins and promoting them, are giving the government every reason to regulate alt-coins. You are polluting  the well from which we all drink.

Poloniex is an exchange operating from a shed in the woods.

Kraken has been having problems with withdrawals for past 2 months.

The other 7% is from even shadier exchanges.

96% of Ether volume is FAKE. The other 4% is real. It comes from morons who buy into these scams. But that 4% is enough dough for the Ether/Poloniex scammers to cash out & buy legitimate Bitcoins and Litecoins with in anticipation of the next HUGE CRYPTO BUBBLE (remember, remember, july 2016 is the halving of bitcoin!)


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: TPTB_need_war on February 13, 2016, 02:24:48 PM
Does the pump of Ethereum just finish and the hot money is moving to the Moneoro? I think it is long over due.

Ostensibly Ethereum insiders held a lot of ETH and BTC which they could use to sell it to themselves over and over again to drive up the fake price on the exchanges. The price was not likely driven by very much hot money. The only requirement was that the true buyers (not the insiders) exceed the sellers so that the insiders could be net sellers.

Once there are more sellers than buyers, then the insiders can't continue the manipulation thus the price collapses. But if the selling subsides, the insiders can start pumping it again. But it depends on whether any buyers will be motivated to buy. It is a rollercoaster//yoyo game that extracts money from the speculators. Everyone is a net loser over time, except the bandit insiders who fleece the community.

Monero in theory doesn't have this centralization of the float and thus can't in theory be P&D like that. So it might be difficult to light the speculative fever necessary to get such a dramatic price rise. But realize that not that much hot money was involved in the recent ETH P&D. Only Poloniex and Kraken know for sure. Perhaps only a few $millions or much less  ???


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 15, 2016, 07:32:44 AM
Reminder that Ethereum is a scam coin.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: ryepdx on February 15, 2016, 07:51:06 AM
Reminder that Ethereum is a scam coin.

I really don't think it is. It definitely works, definitely brings something new to the table, and is definitely trading.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 15, 2016, 07:54:15 AM
Reminder that Ethereum is a scam coin.

I really don't think it is. It definitely works, definitely brings something new to the table, and is definitely trading.

Some facts about scam coin Ethereum. The following facts are undeniable. Because of this fact, Ethereum is automatically a worthless scam coin that is enjoying its 15 minutes of fame. Nothing more. But it will certainly become a lot less.

1. IPO Coin ****ALARM ALARM ALARM --> ALL IPO COINS ARE SCAMS. NO EXCEPTION**

2. Unlimited supply. Ethereum Scam Coin doesn't have max cap on coins like the only 2 legitimate cryptocurrencies Bitcoin & Litecoin. Ethereum is, in this regard, the same as dogecoin.

3. The main exchange where Ethereum Scam Coin is traded at is Poloniex, an exchange operating from a shed in the middle of the woods --> LOL

4. It has been proven that Ethereum Scam Coin volume is 95% fake and 5% of it is from noobs who believe it will overtake Bitcoin.

5. Ethereum has no liquidity. Try selling $10k worth of Ethereum. Coin's value will collapse immediately. LOL.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: smooth on February 15, 2016, 08:14:08 AM
3. The main exchange where Ethereum Scam Coin is traded at is Poloniex, an exchange operating from a shed in the middle of the woods --> LOL

This is already debunked. The address cited here is a corporate registration service (apparently running out of the same building as a law office -- see picture below) located in what appears to be a commercial neighborhood. That has nothing to do with where the exchange is operating.

https://www.49dollarmontanaregisteredagent.com

https://i.imgur.com/esp5nWO.png


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: thoth-Atlantian on February 15, 2016, 08:20:49 AM
May help if it is spelt correctly in the thread title,

Also Bittrex has $300k Volume

I thought it was odd that 1ex.trade didnt add it,

They Vet all new coins as part of there KYC and also as they are having banks attached cant have illegal scam coins

Eth with all it's volume wasnt added..... hmmmm


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: ryepdx on February 15, 2016, 08:27:21 AM
1. IPO Coin ****ALARM ALARM ALARM --> ALL IPO COINS ARE SCAMS. NO EXCEPTION**

You saying "SCAM," but I'm not sure it means the same thing to you as it does to me. The danger with IPO coins, in my opinion, is that the devs just take the money from the presale and run. That constitutes a scam. I don't think you can say it's a scam when tokens have been issued, wallets released, and applications built on top of it. I think at that point you've pretty well gotten what you bought and any further return just comes down to the merits of the coin.

Anyway, "avoid ICOs" is a great heuristic, but it's not proof positive of a scam. I personally feel that the period of danger involved in ICOs has long passed.

2. Unlimited supply. Ethereum Scam Coin doesn't have max cap on coins like the only 2 legitimate cryptocurrencies Bitcoin & Litecoin. Ethereum is, in this regard, the same as dogecoin.

Not as undeniable as you assert. There may be a cap, but then again there may not be. Most of what I've heard indicates that there will either be no or very low inflation when the switch is made to proof of stake. At present, it has lower inflation than Bitcoin did in its first few years.

And to be honest, I don't think an absolute hard cap is necessary for a coin to have value. We know Ethereum's rate of inflation will approach zero as time goes on, if it's not set to zero outright at the switch to POS. If the rate of coin loss and rate of economic growth combined outpace the rate of inflation, you get net deflation.

3. The main exchange where Ethereum Scam Coin is traded at is Poloniex, an exchange operating from a shed in the middle of the woods --> LOL

You've repeated this a lot, but I thought this had been addressed: there's a good chance that the address is simply the address where legal notices are to be sent.

That said, I don't trust exchanges in general. I've been around since 2011, and this rule has served me well. I never keep anything of value on exchanges and so have lost nothing when an exchange has gone under. I think most people should do the same.

4. It has been proven that Ethereum Scam Coin volume is 95% fake and 5% of it is from noobs who believe it will overtake Bitcoin.

Can you link me to your proof?

5. Ethereum has no liquidity. Try selling $10k worth of Ethereum. Coin's value will collapse immediately. LOL.

Sorry, I don't see how this point relates to whether Ethereum is a scam or not. Low liquidity in a new cryptocurrency that people are still trying to get their heads around would hardly be surprising, and it doesn't speak at all to Ethereum's fundamentals.

And at any rate, I've seen sell orders much bigger than that get gobbled up. Fake volume, as you asserted earlier? Maybe. I'll be interested in seeing what kind of proof you come up with. This point hinges entirely on your previous point.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: synthgauge on February 15, 2016, 01:14:52 PM
Come check out how polo treats their users https://bitcointalk.org/index.php?topic=1360064.msg13842684#msg13842684

https://i.imgur.com/wIvZa1Q.png (https://www.youtube.com/watch?v=-Ls4YbmQbgw&feature=youtu.be)
https://i.imgur.com/KOX2s1v.png (https://www.youtube.com/watch?v=2C7qVtkx9j0&feature=youtu.be)

These arrogant bitches have over 50K btc in a cold wallet:

https://i.imgur.com/c0QYhbD.png

They earn over 40 btc daily from user fee and dont even bother to spend 15K usd on better hardware which is to improve the performance and speed in the place! At the time of bots entendama and high volume inflow their imbecilic exchange becomes retarded as fuck. These suckers have to be closed.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: rokkyroad on February 15, 2016, 10:02:26 PM
I sure hope the exchange is not located there. If so, they better move to a secure location or have armed guards on duty.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: smooth on February 15, 2016, 10:06:53 PM
I sure hope the exchange is not located there. If so, they better move to a secure location or have armed guards on duty.

The exchange is not located there. It is a law office that handles the corporate paperwork. Why is that so hard for people to understand, or are you deliberately trolling?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: rokkyroad on February 15, 2016, 10:08:07 PM
I sure hope the exchange is not located there. If so, they better move to a secure location or have armed guards on duty.

The exchange is not located there. It is a law office that handles the corporate paperwork. Why is that so hard for people to understand, or are you deliberately trolling?


How the hell do you know? I have assets on Polo so ya ... I'm concerned.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: smooth on February 15, 2016, 11:13:55 PM
I sure hope the exchange is not located there. If so, they better move to a secure location or have armed guards on duty.

The exchange is not located there. It is a law office that handles the corporate paperwork. Why is that so hard for people to understand, or are you deliberately trolling?


How the hell do you know? I have assets on Polo so ya ... I'm concerned.

Ultimately it comes down to if you are using an exchange which is unregulated or minimally regulated you are just trusting them. If you don't trust them, get your coins the hell out.

MtGox HQ was located in an office building in Tokyo which had building security. It didn't protect your coins at all.

Again, if you don't trust them (and for the most part you should not), pull your coins.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: thoth-Atlantian on February 15, 2016, 11:19:07 PM
Come check out how polo treats their users https://bitcointalk.org/index.php?topic=1360064.msg13842684#msg13842684

https://i.imgur.com/wIvZa1Q.png (https://www.youtube.com/watch?v=-Ls4YbmQbgw&feature=youtu.be)
https://i.imgur.com/KOX2s1v.png (https://www.youtube.com/watch?v=2C7qVtkx9j0&feature=youtu.be)

These arrogant bitches have over 50K btc in a cold wallet:

https://i.imgur.com/c0QYhbD.png

They earn over 40 btc daily from user fee and dont even bother to spend 15K usd on better hardware which is to improve the performance and speed in the place! At the time of bots entendama and high volume inflow their imbecilic exchange becomes retarded as fuck. These suckers have to be closed.


it's not up on volume yet but 1ex.trade is hands down the fastest exchange you will ever see, They already have it on mega servers in anticipation of coming volume. .... So fast


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: DaveyJones on February 15, 2016, 11:56:54 PM
I sure hope the exchange is not located there. If so, they better move to a secure location or have armed guards on duty.

The exchange is not located there. It is a law office that handles the corporate paperwork. Why is that so hard for people to understand, or are you deliberately trolling?


How the hell do you know? I have assets on Polo so ya ... I'm concerned.

Because why should you send legal inquiries to a database center somewhere... you do know businesses dont usually host their racks at home or in their facilities... esp for important almost real-time engines.... they usually are hosted in big data centers connected to big back-bones and big bandwith.

This thread is a pure joke. No facts, just whining.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: rokkyroad on February 16, 2016, 12:05:18 AM

Because why should you send legal inquiries to a database center somewhere... you do know businesses dont usually host their racks at home or in their facilities... esp for important almost real-time engines.... they usually are hosted in big data centers connected to big back-bones and big bandwith.
 

Thanks for a knowledgable explanation.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: stoat on February 16, 2016, 11:47:38 AM
What happened to the OP? I was enjoying this thread


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: bitcoinlitcoinbtcltc on February 23, 2016, 10:22:02 AM
Random reminder not to use Poloniex, main Ethereum exchange, one operating from a shed in the woods.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: GODLIKE on February 25, 2016, 02:23:13 AM
I see ~93% of the volume is on Poloniex and Kraken:

http://coinmarketcap.com/currencies/ethereum/#markets

Does anyone know if these exchanges enforce strict KYC and keep records of all trades so that authorities will be able to determine who was selling to whom? So an investigation could determine if the insiders were buying from themselves to manipulate the price?

Afaik, this would be insider trading and should get them jail time (at least afaik according to SEC regulations).

The fools who support these scams by buying the coins and promoting them, are giving the government every reason to regulate alt-coins. You are polluting  the well from which we all drink.

In Poloniex I am pretty sure I have seen some strange things.
In the LENDING section, I have seen automatic compilation of a great amount of prices: they did it to lower the price for lending money.
I have seen appearing like 30-50 new offers with slightly different % and low amounts at low % fee.
Then they disappeared and after some time reappeared.
I cannot tell if that was from Poloniex itself though, or from a user, but I don't think a user can submit so much data in a single second, unless they have some kind of automated program to do it. Is there anything similar for Poloniex?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: houlala1 on February 25, 2016, 02:24:50 AM
There is a ghost in the woods


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: thoth-Atlantian on February 25, 2016, 04:38:08 AM

You Sir are a complete fucking muppet, you know it's not in the woods, You are illiterate And your also deleting posts that prove all you are saying is wrong....

Be lucky to hold onto that trust rating at this rate... 

You cant even fucking spell Ethereum








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Quote
Quote from: rokkyroad on February 16, 2016, 12:02:06 AM
Quote from: thoth-Atlantian on February 15, 2016, 11:17:16 PM

Yeah your probably fucked all you polo stuff is gone, I will buy your account at 50% value and go to that shed and beat it out of them... Deal?

First off, your allowance won't cover it and secondly; I doubt you could beat your way out of a wet paper bag.   Roll Eyes

No no,  I am a fully grown neck beard.
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though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

Quote
Quote from: rokkyroad on February 15, 2016, 10:08:07 PM
Quote from: smooth on February 15, 2016, 10:06:53 PM
Quote from: rokkyroad on February 15, 2016, 10:02:26 PM
I sure hope the exchange is not located there. If so, they better move to a secure location or have armed guards on duty.

The exchange is not located there. It is a law office that handles the corporate paperwork. Why is that so hard for people to understand, or are you deliberately trolling?


How the hell do you know? I have assets on Polo so ya ... I'm concerned.



 Roll Eyes Undecided Roll Eyes Cry

need a face palm smiley, How do these people survive in the world?

Yeah your probably fucked all you polo stuff is gone, I will buy your account at 50% value and go to that shed and beat it out of them... Deal?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: YellowMoon on March 03, 2016, 05:36:49 PM
It seems that the Ethereum "scam" is exposed. But the price is still rising. Why are people still buying the coins?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: stoat on March 03, 2016, 05:38:27 PM
It seems that the Ethereum "scam" is exposed. But the price is still rising. Why are people still buying the coins?

Because people want to invest in an actual cryptocurrency that will make progress. 



Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Yesterdam on March 03, 2016, 07:07:10 PM
It seems that the Ethereum "scam" is exposed. But the price is still rising. Why are people still buying the coins?

Because people want to invest in an actual cryptocurrency that will make progress. 



There are lots of developments so far. The Homestead has been released.  I think the Augur will be online soon.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: cryptodevotee on March 15, 2016, 07:57:56 PM
looks like the price has gone up 20x over the life of this thread…
I pity those who believed this FUD…

Ethereum- best new tech of the year, and best investment opportunity of the decade!


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Minecache on March 15, 2016, 08:10:29 PM
looks like the price has gone up 20x over the life of this thread…
I pity those who believed this FUD…

Ethereum- best new tech of the year, and best investment opportunity of the decade!
Amen bro. The OP is a known large Litecoin bag hodler trying to talk down Ethereum so he can swap his LTC for ETH on the cheap.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Duomo on March 15, 2016, 08:39:59 PM
Never took OP's word seriously. OP sounds like a complete idiot and I never believed this individual for a moment. Haha, this individual lost so much money waiting and thinking Ethereum was a joke.  :D

If you look at my previous post on February 10th, OP is raging because this individual missed the Ethereum train while it was cheap.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: nickenburg on March 16, 2016, 12:04:38 AM
Never took OP's word seriously. OP sounds like a complete idiot and I never believed this individual for a moment. Haha, this individual lost so much money waiting and thinking Ethereum was a joke.  :D

If you look at my previous post on February 10th, OP is raging because this individual missed the Ethereum train while it was cheap.

Yes indeed this company is making 40000$ a day lol, I don't think they are in a shed in the woods:D
I actually looked up poloniex, and you can just find the owner on linkedin and on google.
So go look for yourself instead of believing this guy.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: GODLIKE on March 16, 2016, 12:11:37 AM
Never took OP's word seriously. OP sounds like a complete idiot and I never believed this individual for a moment. Haha, this individual lost so much money waiting and thinking Ethereum was a joke.  :D

If you look at my previous post on February 10th, OP is raging because this individual missed the Ethereum train while it was cheap.

Yes indeed this company is making 40000$ a day lol, I don't think they are in a shed in the woods:D
I actually looked up poloniex, and you can just find the owner on linkedin and on google.
So go look for yourself instead of believing this guy.

How do you know they make 40000$ a day?


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: nickenburg on March 16, 2016, 01:11:18 PM
Never took OP's word seriously. OP sounds like a complete idiot and I never believed this individual for a moment. Haha, this individual lost so much money waiting and thinking Ethereum was a joke.  :D

If you look at my previous post on February 10th, OP is raging because this individual missed the Ethereum train while it was cheap.

Yes indeed this company is making 40000$ a day lol, I don't think they are in a shed in the woods:D
I actually looked up poloniex, and you can just find the owner on linkedin and on google.
So go look for yourself instead of believing this guy.

How do you know they make 40000$ a day?

Because they take 0.2% fee on every transaction!
So I calculated that with a 50000 Bitcoin a day volume on that site
50000 Bitcoin /100 x 0.2%=100 Bitcoins A day, And 100 bitcoins x 400$ = 40000$
And sometimes Ethereum alone pulls like 80k volume a day so that calculation is low in my opinion.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: thoth-Atlantian on March 16, 2016, 01:20:01 PM
Never took OP's word seriously. OP sounds like a complete idiot and I never believed this individual for a moment. Haha, this individual lost so much money waiting and thinking Ethereum was a joke.  :D

If you look at my previous post on February 10th, OP is raging because this individual missed the Ethereum train while it was cheap.

Yes indeed this company is making 40000$ a day lol, I don't think they are in a shed in the woods:D
I actually looked up poloniex, and you can just find the owner on linkedin and on google.
So go look for yourself instead of believing this guy.

How do you know they make 40000$ a day?

Because they take 0.2% fee on every transaction!
So I calculated that with a 50000 Bitcoin a day volume on that site
50000 Bitcoin /100 x 0.2%=100 Bitcoins A day, And 100 bitcoins x 400$ = 40000$
And sometimes Ethereum alone pulls like 80k volume a day so that calculation is low in my opinion.


Dont bother replying to this thread OP deletes posts of reason against his absurdity.....Troll thread


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: RoommateAgreement on March 16, 2016, 01:41:55 PM
looks like nobody actually cares about the coin being scam or not.

they just look at the charts and see a massive rise and run to their exchangers to pour money into it. and then they are going to complain after the big dump happened!


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Nxtblg on March 16, 2016, 03:43:04 PM
Randomly reminder:

Main Ether exchange is registered in a barn in the woods in the middle of nowhere.

I've dealt with Polo for ages and have never had a problem with them.



And, there is another way of looking at this: proof that decentralization is spreading to the bricks-and-mortar world. When you think about it, there's no compelling reason (in the abstract) why a person who makes his or her living on the Internet should live in a big city. In fact, there's no compelling reason for a person to live in a big town!

This point has meaning to me because I currently live in Toronto, Canada. Like Vancouver, Toronto's real estate prices are climbing up the shiny spiral staircase of unaffordability.

Contrasts in point: A semi-detached Toronto house in a nice but not exclusive neighbourhood. Lot size about 20 feet by 140 feet. As a nice kicker, this house has a basement apartment - but that apartment means the owner will have no basement if that apt is rented.
http://www.remax.ca/on/toronto-real-estate/na-717-hillsdale-ave-treb_c3428834-lst/

Now, a fully-detached house in Kapuskasing - a full day's drive away from Toronto. Lot size seems to be 65 feet by 90 feet. It has the same number of rooms as the Toronto house above, but a bigger lot. It has no basement apartment, but it does have a basement the owner can use.
http://www.truenorthrealty.ca/index.php?current=list&lstid=326

List price for the Kapuskasing house?  C$135,000. For the Toronto house? C$990,000. And given the hot-staircase nature of the Toronto real estate market, the Toronto house will likely sell above listing. On the other hand, there's a good chance that the Kapuskasing house will sell for a little below listing.

Now here's what's eating at me: someone, or a couple, who scraped up enough for a 15% down payment on the Toronto house could buy the Kapuskasing house cash on the barrelhead and never have to worry about a mortgage. No 25-year millstone, only property taxes & living expenses. Toronto has hi-speed internet, but so does Kapuskasing. Neither have fiber-speed Internet.

So...if you make your living on the Internet, why not buy the cheaper domicile - especially if you can swing an all-cash purchase and never be tied to a mortgage millstone?

"Because you'd have to live in Kapuskasing!" True, but I put it to everyone that this answer is informed by cultural lag. At some point, the glaring price differential will overcome that cultural lag. And at that point, the folks who run a big swingin' cryptocurrency biz " in a barn in the woods in the middle of nowhere" will be seen as shrewdly ahead of their time!


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: GODLIKE on March 16, 2016, 04:37:10 PM
Never took OP's word seriously. OP sounds like a complete idiot and I never believed this individual for a moment. Haha, this individual lost so much money waiting and thinking Ethereum was a joke.  :D

If you look at my previous post on February 10th, OP is raging because this individual missed the Ethereum train while it was cheap.

Yes indeed this company is making 40000$ a day lol, I don't think they are in a shed in the woods:D
I actually looked up poloniex, and you can just find the owner on linkedin and on google.
So go look for yourself instead of believing this guy.

How do you know they make 40000$ a day?

Because they take 0.2% fee on every transaction!
So I calculated that with a 50000 Bitcoin a day volume on that site
50000 Bitcoin /100 x 0.2%=100 Bitcoins A day, And 100 bitcoins x 400$ = 40000$
And sometimes Ethereum alone pulls like 80k volume a day so that calculation is low in my opinion.


Dont bother replying to this thread OP deletes posts of reason against his absurdity.....Troll thread

I am not the thread OP, I was just curious about how he came to that conclusion, and the reasoning is pretty solid.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: GODLIKE on March 16, 2016, 04:37:38 PM
Never took OP's word seriously. OP sounds like a complete idiot and I never believed this individual for a moment. Haha, this individual lost so much money waiting and thinking Ethereum was a joke.  :D

If you look at my previous post on February 10th, OP is raging because this individual missed the Ethereum train while it was cheap.

Yes indeed this company is making 40000$ a day lol, I don't think they are in a shed in the woods:D
I actually looked up poloniex, and you can just find the owner on linkedin and on google.
So go look for yourself instead of believing this guy.

How do you know they make 40000$ a day?

Because they take 0.2% fee on every transaction!
So I calculated that with a 50000 Bitcoin a day volume on that site
50000 Bitcoin /100 x 0.2%=100 Bitcoins A day, And 100 bitcoins x 400$ = 40000$
And sometimes Ethereum alone pulls like 80k volume a day so that calculation is low in my opinion.


Thank you, dude, I feel stupid I didn't think to it  :D


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: BitcoinStacker on March 16, 2016, 04:42:17 PM
I dont believe this is a scamcoin. When i saw ETH was rising a little i bought 700 Eth at $1 each. I already sold 350 Eth and made more than $4k profit. I still believe Ethereum will reach $40-$50 each!


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: lucsky on March 16, 2016, 04:48:40 PM
I dont believe this is a scamcoin. When i saw ETH was rising a little i bought 700 Eth at $1 each. I already sold 350 Eth and made more than $4k profit. I still believe Ethereum will reach $40-$50 each!

I share your opinion.

I think the way that the issue of money is made is quite strange, but the technology behind the development of ETH is magnificent, we can not deny.

Sorry, LTC, but ETH here to stay.  :)


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: thoth-Atlantian on March 18, 2016, 04:40:51 AM
I dont believe this is a scamcoin. When i saw ETH was rising a little i bought 700 Eth at $1 each. I already sold 350 Eth and made more than $4k profit. I still believe Ethereum will reach $40-$50 each!

I share your opinion.

I think the way that the issue of money is made is quite strange, but the technology behind the development of ETH is magnificent, we can not deny.

Sorry, LTC, but ETH here to stay.  :)

They can and will keep making more ETH though, so it's just like FIAT, thats what keeps me off it, Looks like what happend to LTC last year.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: carlobanaag on March 18, 2016, 11:56:15 AM
Why do u think eth is scam while it keep pumping and pumping??? I think it is morr profitable.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Naughtis on April 01, 2016, 02:51:02 PM
I dont believe this is a scamcoin. When i saw ETH was rising a little i bought 700 Eth at $1 each. I already sold 350 Eth and made more than $4k profit. I still believe Athereum will reach $40-$50 each!

I share your opinion.

I think the way that the issue of money is made is quite strange, but the technology behind the development of ETH is magnificent, we can not deny.

Sorry, LTC, but ETH here to stay.  :)

They can and will keep making more ETH though, so it's just like FIAT, thats what keeps me off it, Looks like what happend to LTC last year.

There will be hard cap on the annual new Ethereum. It is about 18 million Ethereum. So in 100 years, the annual inflation will be below 1%.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: BitUsher on April 01, 2016, 03:02:24 PM
There will be hard cap on the annual new Athereum. It is about 18 million Athereum. So in 100 years, the annual inflation will be below 1%.

The distribution curve has not even been released so you are literally making up numbers. All we know according to the IPO is there is an upper bound limit to yearly ETH and based upon comments from Vitalik, it will transition into a flat inflationary token/asset unlike uᴉoɔʇᴉq with a hard limit and dis inflationary nature. With regards to the distribution curve and inflation rates no one knows ... and which is what is so shocking about ETH, people are speculating on an asset class without knowing the basic fundamentals of what properties that it will have whether it be the distribution or final algo used. People are playing a dangerous game of hot potato where most ETH's are locked up and controlled to maintain the pump and it all can come crashing down fairly quickly.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Monnt on April 01, 2016, 08:15:03 PM
I honestly think that ether has potential. And it will have even more potential when it switches to POS. That's why I'm hodling my ether now. 200 ETH 4 DAYZ...


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: BitUsher on April 01, 2016, 08:21:08 PM
I honestly think that ether has potential. And it will have even more potential when it switches to POS. That's why I'm hodling my ether now. 200 ETH 4 DAYZ...

The switch to PoS will remove any uniqueness it has above all other ETH clones. While ETH 1.706's TH/s is pathetic compared to BTC , it is far better than other ETH clones. When Eth becomes PoS, you can bootstrap a wider userbase with free ETH and have it more secure eliminating the need for ETH altogether.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: martinbrock on April 03, 2016, 11:45:11 AM
Today there is far less ETH volume compared to the other days
http://exchangewar.info/
Poloniex "only" had 12000 BTC Volume.
The last weeks Polo had volumes until 65000 BTC daily.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Za1n on April 03, 2016, 04:13:54 PM
Today there is far less ETH volume compared to the other days
http://exchangewar.info/
Poloniex "only" had 12000 BTC Volume.
The last weeks Polo had volumes until 65000 BTC daily.

Weekends usually see lower volumes in all trading, not just Ethereum. Mid-week seems to be the biggest volumes days, specifically Tuesdays, Wednesdays, and Thursdays.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Grillo on April 03, 2016, 04:54:01 PM
ETH is going down.
I am out.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: Hagmonar on April 03, 2016, 06:49:36 PM
ETH is going down.
I am out.

Ethereum price is still over $11.5. It is still higher than the one I sold out. I sold out when it was $1.3.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: YellowMoon on April 07, 2016, 07:18:43 PM
ETH is going down.
I am out.

Ethereum price is still over $11.5. It is still higher than the one I sold out. I sold out when it was $1.3.

The price is less than $10 now. The price dropped 15% in the last four days. It is quite a steep drop.


Title: Re: EHEREUM SCAM EXPOSED: Garage In The Woods Operation
Post by: joeybeauchamp90 on April 07, 2016, 09:25:15 PM
Hello, im new to crypto currencies this year and just came accross this page so i registered just so i could post this...

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

Lol, the most state of the art scam i have ever seen... :D ;D working to the side of bitcoin too in this machine it seems