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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: TPTB_need_war on February 12, 2016, 08:36:07 AM



Title: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 12, 2016, 08:36:07 AM
https://www.coingecko.com/en/price_charts/ethereum/btc

Look out below. Going to be a lot of bag holders who can't sell as liquidity collapses in a mad stampede out the door.

The truth will now come out (https://bitcointalk.org/index.php?topic=1361602.msg13857533#msg13857533).


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 12, 2016, 08:52:35 AM
Look out below. Going to be a lot of bag holders who can't sell as liquidity collapses in a mad stampede out the door.

Yeah OK...   I'm sure all those folks that bought their ETH for $0.30 are panicking heavily right about now...   ::)

My point is a long-term HODLer may lose their investment, because Ethereum is fundamentally flawed.

They might want to capture the $14 price whilst they can, if they can.

Disclaimer: I am not giving investment advice. Each person should make their own decisions.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 12, 2016, 08:57:03 AM
My point is a long-term HODLer may lose their investment, because Ethereum is fundamentally flawed.

I see...   that's a whole different story...   my post was in regard to the potential aftermath of the current double-top.   :)

The point is if this crashes back to 30 cents, then it may not be rising again EVER.

I see you are determined to troll this thread with noise and spin.

If I hear from regular investors here who have successfully sold large volumes of ETH, then I can perhaps have some belief that this isn't just the insiders selling to themselves to create fake volume and a fake price, as the dumb investors buy from the insiders at higher and higher prices.

You know damn well that if you can continue to convince people to not sell, then the alleged insider scam can continue unabated. But eventually people need to sell, and that is when the insiders will stop offering bids because they don't want to buy (unless it is from themselves) rather they want to cash out at the highest possible prices sold to the greatest number of bag holders.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: graffix on February 12, 2016, 09:00:11 AM
These posts are the reason I'm getting sick of the BTC community.
Like BTC is flawless.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Lutzow on February 12, 2016, 09:30:24 AM
Unfortunately the free-fall seemed to stop. Looks like a lot of buy orders saved it from falling further. Let's see though if there'll be more price drops.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 12, 2016, 09:49:09 AM
Unfortunately the free-fall seemed to stop. Looks like a lot of buy orders saved it from falling further. Let's see though if there'll be more price drops.

How can anyone prove it is not insiders buying from themselves again? Not enough bag holders sustained selling to force the insiders to give up. So they'll pump up the price further and get more bag holders to buy from them at higher prices. They'll only quit when there are more sustained sellers than buyers.

I also wonder why none of the coders working on eth have come to this board to discuss with you the issues that you have mentioned regarding their design?

Maybe because it would mess up their alleged scam model (https://bitcointalk.org/index.php?topic=1361602.msg13857533#msg13857533)  ???

The thing that I would have like to have known in simple terms is - is it a problem they can disguise from most for long enough to drive the price up near BTC levels before it is discovered or is it an issue that will become very clear to everyone long before that is possible?

I think perhaps the question should be (https://bitcointalk.org/index.php?topic=1361791.msg13857871#msg13857871) for how long can promoters prevent a small % of the coming bag holders from running to the door.
 
I mean the issue you mentioned with BTC

You mean when I posted near the top price for BTC in 2013 that the block chain scaling Tragedy of the Commons would be the defining issue for Bitcoin.

I don't know how much higher the ETH price can go. Because I don't know how many and what genre of speculators hold it and whether they want to sell for short-term profits or hold long-term.

I don't know to what degree that hiding the truth about Ethereum's technology has impacted that equation.

Not all coders are capable of probably creating something perfect first time so it can be experimental for them to solve issues as they arise.

Yet promoters claim lead developer Vitalik (https://bitcointalk.org/index.php?topic=1361034.msg13852147#msg13852147) and endorser Nick "Satoshi" Szabo (https://bitcointalk.org/index.php?topic=1361613.0) are crypto gods.

I understand with etherium being touted as a work of genius and everyone saying it is a perfect bitcoin killer it would be nice it that was true (not for me because i still have more btc than eth in a big way) and not just non techs getting kind of played along even if the devs know there is a major issue.

Yup the promoters inducing you buy ETH in fear of missing a train. Myself and r0ach are apparently (https://bitcointalk.org/index.php?topic=1361602.msg13858022#msg13858022) saying that train has no tracks.

Note it is possible that somehow Ethereum can keep the technological truths obscured in technobabble. Unfortunately apparently smooth and the Monero folks didn't understand all scaling issues exhaustively (https://bitcointalk.org/index.php?topic=1183043.msg13850005#msg13850005), so they are unable to do their usual dissection of altcoins in the case of Ethereum.

So yes, i can only imagine there is some problem with etherium if nobody is able to refute this clearly even though they have had plenty of time. But how big is this issue to end users and those that don't understand this tech 100%. Also if this problem will become apparent to all users and grossly effect their usage of etherium what is the time frame. Is it like BTC will take a few years or will it be much more quickly?

On the other hand it would be good if VB or another top dev on etherium could come here and discuss this issue an d see if you guys can talk it through and see what if anything could be done or not done. If nothing can be done with changes to the current design then the price is going in the wrong direction possibly.

I don't know for sure. But the level of hype suggests to me that Humpty Dumpty will take a great fall soon enough.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 12, 2016, 10:42:03 AM
Down we go after a brief defence by insiders at a lower double-top again. Now ETH makes lower lows again.

The truth is coming out now (https://bitcointalk.org/index.php?topic=1361602.msg13858392#msg13858392).


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 13, 2016, 05:15:26 AM
Double top?  Wtf...  Where?  It's been breaking out and going supernova.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 05:22:08 AM
Double top?  Wtf...  Where?  It's been breaking out and going supernova.

Yesterday when the OP was written there was a double-top. It has since declined and is trying to find support at a lower level.

It seems many speculators are still not understanding that Ethereum can't ever work. Ever. And thus it is going back to $0. But until the speculators realize they are handing Vitalik more $millions to waste by keeping the price high so he can sell more ETH (https://bitcointalk.org/index.php?topic=1361602.msg13858392#msg13858392), then the con game can continue.

Also it seems many speculators such as yourself don't give a rat's ass about the future of Ethereum and alt-coins, and instead you only care if the pump can be sustained and you can mine your fellow speculator taking some of his money from him, while Vitalik takes some money from you all and proceeds to waste it anew.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: The Sceptical Chymist on February 13, 2016, 05:27:09 AM
These posts are the reason I'm getting sick of the BTC community.
Like BTC is flawless.
Wat, you don't love all this trolling and drama?

I will admit, I'm underwater a little bit on some ETH but not much.  Not going to panic sell, but I don't have high hopes.  Then again, what's a little 21% drop in the world of cryptoheadaches?  I'm fucking holding until it BUYS or it FUCKING DIES.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 05:35:22 AM
These posts are the reason I'm getting sick of the BTC community.
Like BTC is flawless.
Wat, you don't love all this trolling and drama?

I will admit, I'm underwater a little bit on some ETH but not much.  Not going to panic sell, but I don't have high hopes.  Then again, what's a little 21% drop in the world of cryptoheadaches?  I'm fucking holding until it BUYS or it FUCKING DIES.

Exactly what is turning the alt-coin arena into a cesspool:

It seems many speculators are still not understanding that Ethereum can't ever work. Ever. And thus it is going back to $0. But until the speculators realize they are handing Vitalik more $millions to waste by keeping the price high so he can sell more ETH (https://bitcointalk.org/index.php?topic=1361602.msg13858392#msg13858392), then the con game can continue.

Also it seems many speculators such as yourself don't give a rat's ass about the future of Ethereum and alt-coins, and instead you only care if the pump can be sustained and you can mine your fellow speculator taking some of his money from him, while Vitalik takes some money from you all and proceeds to waste it anew.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: The Sceptical Chymist on February 13, 2016, 05:40:21 AM
Well yeah, that's the nature of all speculation more or less.  No need to get emotional about it, it's part of human nature to be greedy and to rip off the sucker upon whom you have both ass cheeks folded.  It's part of us whether we want to admit it or not.  Don't know if you're wrong or right, because you (TPTB) know far, far more than me about the fundamentals of cryptocurrency.  I'm just a little sucker in a pool of suckers of varying sizes.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 05:47:26 AM
Hahaha The Pharmacist.  :D You made my day with that.  8)

A dog will fuck anything, even a tree stump.

P.S. I of course make mistakes too, but they are often of the more convulted technological/marketing interactions that I missed.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: BellaBitBit on February 13, 2016, 05:48:59 AM
This is still very high for a lot of people.  Alt coins are so fun!


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: mkc on February 13, 2016, 05:54:46 AM
ETH probably the most popular alt coin now, there are so many discussion about it.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 05:59:59 AM
This is still very high for a lot of people.  Alt coins are so fun!

I hope you realize that for an alt-coin that is serious and not just hype to take money from you, then it is not "fun" but instead a hell of a lot of pendantic, arduous, painstaking work (which is sort of fun for a young developer due to the challenge of it but I guarantee you it gets exhausting and not always fun if one sticks it through to the nitty gritty end).

So if you award $millions to the those who sell hype and nothing to those who work very hard, then you will get only a cesspool of hype/fraud.

I came to conclusion that the only way to rise above all of this, would be to make a project that was so clearly superior in terms of real user adoption, that there would not require any hype nor discussion whatsoever.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 13, 2016, 07:42:24 AM
Double top?  Wtf...  Where?  It's been breaking out and going supernova.

Yesterday when the OP was written there was a double-top. It has since declined and is trying to find support at a lower level.

It seems many speculators are still not understanding that Ethereum can't ever work. Ever. And thus it is going back to $0. But until the speculators realize they are handing Vitalik more $millions to waste by keeping the price high so he can sell more ETH (https://bitcointalk.org/index.php?topic=1361602.msg13858392#msg13858392), then the con game can continue.

Also it seems many speculators such as yourself don't give a rat's ass about the future of Ethereum and alt-coins, and instead you only care if the pump can be sustained and you can mine your fellow speculator taking some of his money from him, while Vitalik takes some money from you all and proceeds to waste it anew.

Aren't you the guy who keeps whining that Ethereum plus other alts are scams in the first place?

I like trading first and foremost...  Whether the coin is a scam or not, I don't care. 


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 07:48:15 AM
Whether the coin is a scam or not, I don't care. 

Yup that is my point. You don't care.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 13, 2016, 07:50:15 AM
Whether the coin is a scam or not, I don't care. 

Yup that is my point. You don't care.

And you say most of these altcoins are scams anyway...  So what is it to you if I don't care...


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: apriyoni on February 13, 2016, 08:44:48 AM
Whether the coin is a scam or not, I don't care. 

Yup that is my point. You don't care.

And you say most of these altcoins are scams anyway...  So what is it to you if I don't care...

Most of the altcoin are scams, maybe 99.9% of them. But Ethereum is not a scam, it has strong development team.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 08:46:39 AM
Ethereum ... has strong development team.

Disputed (https://bitcointalk.org/index.php?topic=1361602.msg13861525#msg13861525).


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Thenoticer on February 13, 2016, 11:08:47 AM
Why do you post so much in every fucking topic if you don't care?

Fuck off from posting your bullshit opinion you paid troll. Go take some candy from retarded babies somewhere else.



Whether the coin is a scam or not, I don't care. 

Yup that is my point. You don't care.

And you say most of these altcoins are scams anyway...  So what is it to you if I don't care...


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Momimaus on February 13, 2016, 11:31:52 AM

The point is Vitalik built a 500M$ project while you did nothing except trolling a poisened forum.

You are the only one saying ETH is flawed, but there are dozends of people in Ethereum that are much more clever than you are. They will fix all flaws.
In fact you are the only one who thinks that you are clever. Most others see you as just another forum troll.
You have nothing to show. And your behavior is just pathetic.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: cryptimus prime on February 13, 2016, 11:36:48 AM

The point is Vitalik built a 500M$ project while you did nothing except trolling a poisened forum.

You are the only one saying ETH is flawed, but there are dozends of people in Ethereum that are much more clever than you are. They will fix all flaws.
In fact you are the only one who thinks that you are clever. Most others see you as just another forum troll.
You have nothing to show. And your behavior is just pathetic.

+1


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 13, 2016, 11:40:01 AM
Why do you post so much in every fucking topic if you don't care?

Fuck off from posting your bullshit opinion you paid troll. Go take some candy from retarded babies somewhere else.



Whether the coin is a scam or not, I don't care. 

Yup that is my point. You don't care.

And you say most of these altcoins are scams anyway...  So what is it to you if I don't care...

What do you care if I don't care...  And why do you care so much what I say if you think I don't care...?


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 11:42:47 AM
The point is Vitalik built a 500M$ project[vaporware] while you did nothing except trolling a poisened forum.

Truth is poison  ???

All this money flowing into alts is depressing. I had kinda hoped Cryptsy had killed that scene for good.

Don't worry the market caps are likely fake insiders buying from themselves, so the amount isn't $400 million, perhaps just a few $millions.


I do not find the reason for the recent rise. Did anybody find why the price rose so much recently?

Possibility is they need to raise the ETH price so they can sell some because they had exhausted their $millions in funding from the ICO vaporware pre-sale:

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czwqr30?context=3

Another reason one might imagine that perhaps Vitalik could be corrupted to participate in the pump by emphasizing Casper vaporware and hiding the fact they were not close to solving the fundamental technological issues. And yet they were running out of money (but not now if they can sustain these higher prices for ETH and/or have sold a lot of ETH on this price rise ... in either case selling ETH to bag holders).

So one might imagine perhaps the insiders have cleverly realized they could control Vitalik so they would be able to cash out.

The professionals play these games very strategically. You bag holders have no chance against them (unless of course you sell early enough and get out the door before the rest of the bag holders). Note I am not short ETH, but I did play this game strategically also. I waited for ETH to reach a nosebleed price before I started to reveal the truth more aggressively. This is a warning to these professionals (hucksters) to not fuck with my coin when I release it.

Edit: I have just challenged Vitalik directly:

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czx5jej

Edit#2: Vitalik admits they've been selling on the pump (in violation of escrow?). And note he mentions raising monthly budget so more money in their pockets (see how this works, I'll scratch your back if you scratch mine!):

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czwqr30


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Thenoticer on February 13, 2016, 11:45:34 AM
Why do you post so much in every fucking topic if you don't care?

Fuck off from posting your bullshit opinion you paid troll. Go take some candy from retarded babies somewhere else.



Whether the coin is a scam or not, I don't care. 

Yup that is my point. You don't care.

And you say most of these altcoins are scams anyway...  So what is it to you if I don't care...

What do you care if I don't care...  And why do you care so much what I say if you think I don't care...?


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Thenoticer on February 13, 2016, 11:46:17 AM
The point is Vitalik built a 500M$ project[vaporware] while you did nothing except trolling a poisened forum.

Truth is poison  ???

All this money flowing into alts is depressing. I had kinda hoped Cryptsy had killed that scene for good.

Don't worry the market caps are likely fake insiders buying from themselves, so the amount isn't $400 million, perhaps just a few $millions.


I do not find the reason for the recent rise. Did anybody find why the price rose so much recently?

Possibility is they need to raise the ETH price so they can sell some because they had exhausted their $millions in funding from the ICO vaporware pre-sale:

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czwqr30?context=3

Another reason one might imagine that perhaps Vitalik could be corrupted to participate in the pump by emphasizing Casper vaporware and hiding the fact they were not close to solving the fundamental technological issues. And yet they were running out of money (but not now if they can sustain these higher prices for ETH and/or have sold a lot of ETH on this price rise ... in either case selling ETH to bag holders).

So one might imagine perhaps the insiders have cleverly realized they could control Vitalik so they would be able to cash out.

The professionals play these games very strategically. You bag holders have no chance against them (unless of course you sell early enough and get out the door before the rest of the bag holders). Note I am not short ETH, but I did play this game strategically also. I waited for ETH to reach a nosebleed price before I started to reveal the truth more aggressively. This is a warning to these professionals (hucksters) to not fuck with my coin when I release it.

Edit: I have just challenged Vitalik directly:

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czx5jej

Edit#2: Vitalik admits they've been selling on the pump (in violation of escrow?). And note he mentions raising monthly budget so more money in their pockets (see how this works, I'll scratch your back if you scratch mine!):

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czwqr30


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 11:54:22 AM
Google for "Ethereum" right now.

The insiders are well connected with MSM and are pumping it hard. Trying to bring enough new fools in to buy.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 13, 2016, 11:55:40 AM
Google for "Ethereum" right now.

The insiders are well connected with MSM and are pumping it hard. Trying to bring enough new fools in to buy.

So this means it will still go up?


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Momimaus on February 13, 2016, 11:56:26 AM
The point is Vitalik built a 500M$ project[vaporware] while you did nothing except trolling a poisened forum.

Truth is poison  ???

All this money flowing into alts is depressing. I had kinda hoped Cryptsy had killed that scene for good.

Don't worry the market caps are likely fake insiders buying from themselves, so the amount isn't $400 million, perhaps just a few $millions.


I do not find the reason for the recent rise. Did anybody find why the price rose so much recently?

Possibility is they need to raise the ETH price so they can sell some because they had exhausted their $millions in funding from the ICO vaporware pre-sale:

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czwqr30?context=3

Another reason one might imagine that perhaps Vitalik could be corrupted to participate in the pump by emphasizing Casper vaporware and hiding the fact they were not close to solving the fundamental technological issues. And yet they were running out of money (but not now if they can sustain these higher prices for ETH and/or have sold a lot of ETH on this price rise ... in either case selling ETH to bag holders).

So one might imagine perhaps the insiders have cleverly realized they could control Vitalik so they would be able to cash out.

The professionals play these games very strategically. You bag holders have no chance against them (unless of course you sell early enough and get out the door before the rest of the bag holders). Note I am not short ETH, but I did play this game strategically also. I waited for ETH to reach a nosebleed price before I started to reveal the truth more aggressively. This is a warning to these professionals (hucksters) to not fuck with my coin when I release it.

Edit: I have just challenged Vitalik directly:

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czx5jej

Edit#2: Vitalik admits they've been selling on the pump (in violation of escrow?). And note he mentions raising monthly budget so more money in their pockets (see how this works, I'll scratch your back if you scratch mine!):

https://www.reddit.com/r/ethereum/comments/45bhus/so_the_ethereum_foundation_can_now_fund_itself/czwqr30


Thatīs not truth, thatīs trolling again. Where are the facts?

And Vitalik is not dealing with trolls, he is too busy. Just like you want to but you canīt, cause you are a forum addicted troll.



Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Momimaus on February 13, 2016, 11:57:36 AM
Google for "Ethereum" right now.

The insiders are well connected with MSM and are pumping it hard. Trying to bring enough new fools in to buy.

So this means it will still go up?

 ;D nice one


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: r0ach on February 13, 2016, 12:08:55 PM
You are the only one saying ETH is flawed, but there are dozends of people in Ethereum that are much more clever than you are. They will fix all flaws.

The problem is that the project was started with absurdly unrealistic expectations out of the gate, so even ignoring any show stopper problems that you could categorize as technical glitches to be fixed, it just can't be commercially viable.  The fact that you never saw anyone from Ethereum even mention the word "sharding" until long after it had been released, when partitioning would be required for the thing to be used by more than 2 people (yet won't even work and is the antithesis of computational redundancy anyway), is a wtf red flag itself.  They're trying to solve LOL Insane computer problems on the fly like it's a fast food restaurant.



Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 12:15:49 PM
Google for "Ethereum" right now.

The insiders are well connected with MSM and are pumping it hard. Trying to bring enough new fools in to buy.

So this means it willmay still go up?

That was my point.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 13, 2016, 12:19:18 PM
Google for "Ethereum" right now.

The insiders are well connected with MSM and are pumping it hard. Trying to bring enough new fools in to buy.

So this means it willmay still go up?

That was my point.

Ok.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 01:25:06 PM
Thatīs not truth, thatīs trolling again. Where are the facts?

And Vitalik is not dealing with trolls, he is too busy. Just like you want to but you canīt, cause you are a forum addicted troll.

Your idols have just been REKTED (https://bitcointalk.org/index.php?topic=1361602.msg13870882#msg13870882).

You can go cry under a rock now.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: qwizzie on February 13, 2016, 03:20:57 PM
Thatīs not truth, thatīs trolling again. Where are the facts?

And Vitalik is not dealing with trolls, he is too busy. Just like you want to but you canīt, cause you are a forum addicted troll.

Your idols have just been REKTED (https://bitcointalk.org/index.php?topic=1361602.msg13870882#msg13870882).

You can go cry under a rock now.

still kinda surprise me how long it took for that dump to finalize...


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: thms on February 13, 2016, 03:32:21 PM
This is just a second chance to get in cheap.

Still, 7 days ago, 1 ETH = 2.50 USD. Today, 1 ETH = 4.23 USD. Almost 70% gains.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Dekker3D on February 13, 2016, 03:38:54 PM
This is just a second chance to get in cheap.

Still, 7 days ago, 1 ETH = 2.50 USD. Today, 1 ETH = 4.23 USD. Almost 70% gains.

But still we woudn't know if ETH is done for good or what. There could be another pump though.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 03:48:26 PM
Thatīs not truth, thatīs trolling again. Where are the facts?

And Vitalik is not dealing with trolls, he is too busy. Just like you want to but you canīt, cause you are a forum addicted troll.

Your idols have just been REKTED (https://bitcointalk.org/index.php?topic=1361602.msg13870882#msg13870882).

You can go cry under a rock now.

still kinda surprise me how long it took for that dump to finalize...

Notice how the vertical dump happened right after I made the post linked above. I don't know if there is a correlation. Perhaps many speculators are trying to figure out if it is really true that ETH is REKTED. I was also checking my technical analysis again to make sure I hadn't screwed up.

What is that like $150 million erased from the ETH market cap in the past 24 hours or so. Any way the market cap has to be fake. No way that writing on this forum could move $150 million in actual liquidity. Market cap obviously includes the value of all the coins, not just the volume that was traded (and I think most of the volume is insiders selling to themselves, although I can't prove that).


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 13, 2016, 04:37:05 PM
This is just a second chance to get in cheap.

Still, 7 days ago, 1 ETH = 2.50 USD. Today, 1 ETH = 4.23 USD. Almost 70% gains.

But still we woudn't know if ETH is done for good or what. There could be another pump though.

Wait for the sideways action before getting in.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Thenoticer on February 13, 2016, 04:54:29 PM

Ok bob surplus.. Thanks for the investment advice.

This is just a second chance to get in cheap.

Still, 7 days ago, 1 ETH = 2.50 USD. Today, 1 ETH = 4.23 USD. Almost 70% gains.

But still we woudn't know if ETH is done for good or what. There could be another pump though.

Wait for the sideways action before getting in.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 13, 2016, 05:01:56 PM

Ok bob surplus.. Thanks for the investment advice.

This is just a second chance to get in cheap.

Still, 7 days ago, 1 ETH = 2.50 USD. Today, 1 ETH = 4.23 USD. Almost 70% gains.

But still we woudn't know if ETH is done for good or what. There could be another pump though.

Wait for the sideways action before getting in.

Hahahahaha.  Wow...  Whatever you say bro.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Thenoticer on February 13, 2016, 05:05:38 PM
What ever i say huh, ok.

How about you should be cautioning people that
1. They migt be getting into an illegal security offering and supporting it could be dangerous.
2. It is HIGHLY likely etherium will never work


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 13, 2016, 05:06:58 PM
What ever i say huh, ok.

How about you should be cautioning people that
1. They migt be getting into an illegal security offering and supporting it could be dangerous.
2. It is HIGHLY likely etherium will never work

Self righteous hypocrite.  You're just sourgrapes.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Thenoticer on February 13, 2016, 05:09:56 PM
Damn it man, stop responding so fast.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 13, 2016, 05:12:30 PM
Damn it man, stop responding so fast.

Self Righteous Hypocrite.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 07:17:45 PM
Looks like the manipulators are going to be able to defend the 0.011 BTC price level. Buy the dip!

Have fun guys with this nonsense. Give Vitalik some more monopoly money to play with.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Alley on February 13, 2016, 07:20:54 PM
Dead cat bounce before crashing fully.  Textbook bubble.  Open your eyes guys.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: apriyoni on February 13, 2016, 09:09:55 PM
Dead cat bounce before crashing fully.  Textbook bubble.  Open your eyes guys.

Ethereum might drop a little bit. But it has risen a lot in the last month. I noticed the Monero is rising. It is quite high price now.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 13, 2016, 09:16:16 PM
I noticed the Monero is rising. It is quite high price now.

fluffypony et al have worked hard. Good to see the truth I revealed about ETH may be giving XMR a little boost. I am not positioned long nor short either one.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 14, 2016, 01:06:39 AM
I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 14, 2016, 02:55:47 AM
I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  ::)


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 14, 2016, 02:57:16 AM
Dead cat bounce before crashing fully.  Textbook bubble.  Open your eyes guys.

Not yet.  But not discounting this in the future.  This is unchartered territory for ETH, so be open to any possibility.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 14, 2016, 07:30:51 AM
I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  ::)

And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit (https://bitcointalk.org/index.php?topic=1361602.msg13878428#msg13878428)) this Ethereum is.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 14, 2016, 09:19:13 AM
I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  ::)

And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit (https://bitcointalk.org/index.php?topic=1361602.msg13878428#msg13878428)) this Ethereum is.

Sure you are...  ::)


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 15, 2016, 06:03:35 AM
Ethereum now has a $400 million market cap and even if the price doesn't increase, the market cap will grow 18% per year due to new coins being created (https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/). If without any price increase the market cap in 10 years will be $1.6 billion just due to new coins created.

Any one think that is a good investment  ::) Hell even if it is a good design, it will be forked. It will never reach critical mass like Bitcoin to sustain a market to a $trillion market cap.

The upside is gone. Only bag holders buying or HODLering now. Any sane person would obviously sell at these prices.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Spoetnik on February 15, 2016, 06:53:56 AM
Look out below. Going to be a lot of bag holders who can't sell as liquidity collapses in a mad stampede out the door.

Yeah OK...   I'm sure all those folks that bought their ETH for $0.30 are panicking heavily right about now...   ::)

oh yeah i am soooooooooooo sure that most guys paid 30 cents each ROFL

i take it you new here because you don't seem to grasp how trading works.

The simple fact that the price increased so much is crystal clear concrete proof what i just said is a fact !
It's called math kid.
Try it some time while trading it helps ;)

Hey NEWS Flash !
There is winners and losers when trading.
I know right = mind blown !

And guess what percentage of people are winners ?

Hey i am all for talking about Coin'z but please stop saying stupid shit about ETH non stop.
You guys are embarrassing yourselves..
In your glee for fanboyism and thirst for profit'z you fail miserably at your little hype campaign.

When it was launched there were tons of scammy transfers going in.. a million dollars worth.
And funny enough nobody had heard of it yet !
hmm who is that by chance ?

2 years later it explodes in price over night.. aka: a pump.

then you all join in with the paid hype advertisers shilling here because you think you can jump in & make a buck..
But problem is the way this all works is most of you will be lucky to break even.

I have seen it time after time with every bloody coin that comes along.

I also have no respect for deceitful shit peddlers who make knowingly false claims about a Pyramid Scheme coin.
Get on it scam aficionado's ..
make your bed's.
Because you will be sleeping in them soon enough Kidiots.

Hey i got a great idea !
How about i put 2 dollars in your hand so you feel confident
while i take ALL of your money later hahahahah

You guys are morons who gamble with a rigged game with seriously bad odd's.
You greedy little brats think your smarter than the pump groups ?
puuuuuhlease  ::)

Investards™ are Whale food .

Let's see how many of you line up later to say you lost money on ETH  ::)
..you deserve it idiots.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: apriyoni on February 15, 2016, 09:39:12 AM
I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  ::)

And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit (https://bitcointalk.org/index.php?topic=1361602.msg13878428#msg13878428)) this Ethereum is.

Just curious, are you buying the Ethereum when your comments suppress the Ethereum price? So that you can buy more?


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 15, 2016, 10:06:04 AM
I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  ::)

And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit (https://bitcointalk.org/index.php?topic=1361602.msg13878428#msg13878428)) this Ethereum is.

Just curious, are you buying the Ethereum when your comments suppress the Ethereum price? So that you can buy more?

He's trying to look smart.  No one here takes him seriously that's why people love trolling him.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: generalizethis on February 15, 2016, 11:17:20 AM
I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  ::)

And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit (https://bitcointalk.org/index.php?topic=1361602.msg13878428#msg13878428)) this Ethereum is.

Just curious, are you buying the Ethereum when your comments suppress the Ethereum price? So that you can buy more?

He's trying to look smart.  No one here takes him seriously that's why people love trolling him.

Given that his assessment lines up with some of the smartest people in the room, I'd be careful making proclamations like that--I'd also be wary of Eth's price reflecting his and other's assessments of Eth's possibility of doing what it claims it will be able to do. Sooner or later expectations get measured against reality and playing the market (when over exuberant expectations are likely in play) is like a game of chicken with Reality in a snow storm--you know it's probably coming, but do you WHEN to change lanes?


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 15, 2016, 11:57:16 AM
I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  ::)

And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit (https://bitcointalk.org/index.php?topic=1361602.msg13878428#msg13878428)) this Ethereum is.

Just curious, are you buying the Ethereum when your comments suppress the Ethereum price? So that you can buy more?

He's trying to look smart.  No one here takes him seriously that's why people love trolling him.

Given that his assessment lines up with some of the smartest people in the room, I'd be careful making proclamations like that--I'd also be wary of Eth's price reflecting his and other's assessments of Eth's possibility of doing what it claims it will be able to do. Sooner or later expectations get measured against reality and playing the market (when over exuberant expectations are likely in play) is like a game of chicken with Reality in a snow storm--you know it's probably coming, but do you WHEN to change lanes?

Yep.  Plan your trades and trade your plans.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Spoetnik on February 15, 2016, 05:35:21 PM
Crying Troll ..AGAIN to change the perception of reality ?
DO YOU GUYS ACTUALLY THINK THAT WORKS ?
If it did work there would be far more people here.

You can't circumvent an intelligent comment with some failed half ass attempt at a witty jab at someone.
Sorry but that just doesn't invalidate someone's assertions.
The fact that you guys would even attempt that whole cliched Shitcointalk routine is hilarious.
It never fails though you guys just keep doing it.
When are going to get smart ?
When are you finally after all these years realize that calling someone names or insulting them
doesn't magically make what they said wrong ?

When you guys do that it makes you look bad.
And some of you do it a lot.. making yourself look worse & worse in time.

It's cute how the guys who spout off about others* having a bad reputation have themselves an obviously one.

You guys are a joke and the general public out there can see it clearly !
Your little veiled attempts to discredit someone as a means of invalidating their point game is never going to work.. EVER !
Yet you plow on digging..

It really doesn't matter if i am ugly and my mother dresses me funny it doesn't make your shit coin good.

All the public sees is someone bringing up a criticism and the response from Fanboys is to insult the person.
And i think you guys do that because you have the intellect of a mittful of Twigs.

As usual at Shitcointalk.org trying to have a mature meaningful conversation with greedy children is not going to work out too well.
We're gonna hear about shit coin 7,033 being Moon rise chicken lambo's from Kidiots..
And the person that does not drop to their knee's and blow the scamtards ?
Cop out time.. flop on your back & cry Troll.

I say again..

Shitcointalk.org crying Troll / FUD for bucks $$$
That is all this place is .

Make shit coin.. cry FUD / Troll and collect profits and cash out $$

You guys wonder why the general public doesn't want to get involved with this shit yet ?
I'll give you a hint.. it has nothing to do with "Potentital App's" or "Anon" features.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 16, 2016, 12:14:31 AM
^ Again you speak the truth.  But at the end of the day, it's the trading game that prevails.  Why?  Because everyone in this forum is out to make some BTC.  Even the ones that appear smart and who 'care'.  And the reality is they're nothing but sourgraping, self righteous hypocrites bagholding their mined scamcoins still hoping the money will get to their direction somehow.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: stoat on February 16, 2016, 12:33:11 AM
Everyone loves discussing ETH. I wonder who will be proven right in the end.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: Spoetnik on February 16, 2016, 01:18:53 AM
^ Again you speak the truth.  But at the end of the day, it's the trading game that prevails.  Why?  Because everyone in this forum is out to make some BTC.  Even the ones that appear smart and who 'care'.  And the reality is they're nothing but sourgraping, self righteous hypocrites bagholding their mined scamcoins still hoping the money will get to their direction somehow.

WRONG.

Don't assume all of us here are chasing "profits"

i'm not.. which is why i am the only guy who seems to care about honesty.
The rest of you just wan tot count your money..

PS:

Mined ?
ETH is an IPO scam coin launched unfairly .


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: roparker2014 on February 16, 2016, 02:36:58 AM
I don't know if this is a scam/pump but all I know is I have done very well from ETH in the last week or so, been selling off at a nice profit and still holding a good stash in case things go higher.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 16, 2016, 03:03:17 AM
^ Again you speak the truth.  But at the end of the day, it's the trading game that prevails.  Why?  Because everyone in this forum is out to make some BTC.  Even the ones that appear smart and who 'care'.  And the reality is they're nothing but sourgraping, self righteous hypocrites bagholding their mined scamcoins still hoping the money will get to their direction somehow.

WRONG.

Don't assume all of us here are chasing "profits"

i'm not.. which is why i am the only guy who seems to care about honesty.
The rest of you just wan tot count your money..

PS:

Mined ?
ETH is an IPO scam coin launched unfairly .

Not all but most.  Those hypocrites should get off their high horse trying to pretend they're not chasing profits.

And yes.  Those sourgrapes who mined or bought BBQcoin or whatever stupid, worthless coin they're bagholding should stop whining crying scam this or scam that when they clearly missed the train all in the name of 'honesty'...  Please...  It's clear that most people who come here are for the profitzzz.

What a bunch of hypocrites.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: apriyoni on February 16, 2016, 08:54:12 AM
I don't know if this is a scam/pump but all I know is I have done very well from ETH in the last week or so, been selling off at a nice profit and still holding a good stash in case things go higher.

The pump has increased the value of Ethereum. The foundation has more money to spend on development now. So it could be good.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: julek on February 16, 2016, 10:51:05 AM

It doesn't really matter if you bough yours for $5.5 or $1.5 - just keep them:
in a year from now I see the eth price around $60 (now you can laugh).


ps. I'll quote myself on Feb 16, 2017 in this thread.
---------------------------
eth-price.com: eth price in USD, simple & minimal


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 16, 2016, 12:06:14 PM

It doesn't really matter if you bough yours for $5.5 or $1.5 - just keep them:
in a year from now I see the eth price around $60 (now you can laugh).



ps. I'll quote myself on Feb 16, 2017 in this thread.
---------------------------
eth-price.com: eth price in USD, simple & minimal

I completely disagree.  Although it would be sweet if it continues to go up and up, it just doesn't work that way.  Your advice is a sure fire ticket to bagholder's land like what most of the people in this forum did by buying illiquid, low volume coins.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: apriyoni on February 17, 2016, 09:57:50 AM
The pump has increased the awareness of Ethereum, that could in turn increase the price. But if it is too high, the price will drop.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 17, 2016, 04:29:55 PM
I agree with someone else who speculated the price will probably dump down to roughly the 0.045 BTC level (half the current price) or below (probably not to $0.30 cents but maybe), then find support until the upgrade to the next version. Then they will probably hype pump it again.

It doubt anyone is going to try to challenge Ethereum in the interim time to their next upgrade. I speculate Ethereum challengers will come later in the year or next year.

I place 90% odds on ETH never being the most popular crypto currency (https://bitcointalk.org/index.php?topic=1361602.msg13916059#msg13916059), so the long-term future price of ETH is bleak.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 17, 2016, 09:42:28 PM
I agree with someone else who speculated the price will probably dump down to roughly the 0.045 BTC level (half the current price) or below (probably not to $0.30 cents but maybe), then find support until the upgrade to the next version. Then they will probably hype pump it again.

It doubt anyone is going to try to challenge Ethereum in the interim time to their next upgrade. I speculate Ethereum challengers will come later in the year or next year.

I place 90% odds on ETH never being the most popular crypto currency (https://bitcointalk.org/index.php?topic=1361602.msg13916059#msg13916059), so the long-term future price of ETH is bleak.

You can create a prediction market on that in Augur when it goes online.  :D


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 17, 2016, 09:45:23 PM
If you really just wanted to make money, you would have shorted when I made the OP at exactly the top at double the current price. You say you don't care and just want to make money, but seems to me not. Rather you have some vested interest that the price needs to always go up.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: apriyoni on February 18, 2016, 09:53:03 AM
I agree with someone else who speculated the price will probably dump down to roughly the 0.045 BTC level (half the current price) or below (probably not to $0.30 cents but maybe), then find support until the upgrade to the next version. Then they will probably hype pump it again.

It doubt anyone is going to try to challenge Ethereum in the interim time to their next upgrade. I speculate Ethereum challengers will come later in the year or next year.

I place 90% odds on ETH never being the most popular crypto currency (https://bitcointalk.org/index.php?topic=1361602.msg13916059#msg13916059), so the long-term future price of ETH is bleak.

You can create a prediction market on that in Augur when it goes online.  :D

When Augur goes on line, the price of Ethereum will rise a lot. I think that is the first big app for Ethereum.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: TPTB_need_war on February 18, 2016, 10:24:28 AM
You can create a prediction market on that in Augur when it goes online.  :D

When Augur goes on line, the price of Ethereum will rise a lot. I think that is the first big app for Ethereum.

Maybe so just because speculators are dumb or chase the price movement of the dumb herd, but fact is Augur is useless because (for as long as) Ethereum is not scalable:

[...]

The point is that scriptable block chains are something that won't mature and become a real adoption market until after many years from now (perhaps decades). The wild price rise of ETH is much too premature and purely hype.

This redudancy + partionning paradox is extremely hard to understand for a newbie who's native language is not even english...

It would be really appreciated if someone could rephrase this paradox summing up with easy terms what is the issue and its consequencies ;D

I am years ago of your computer science knowledge and I may stay years ago of your knowledge in this field for the rest of my life since it isn't my study field.

Thank you in advance.  ;D

Hopefully r0ach and others can offer their laymen's summaries.

What you need to know is that Ethereum as it is currently designed can't scale just as Bitcoin can't scale, but the level of scaling which the current Ethereum can do is much less than even Bitcoin's current limitation because verification/validation of Serpent scripts takes more resources than verification/validation of ECDSA signatures.

For both Bitcoin and Ethereum, this is not just an issue of block size limitation. The issue is that in order to scale, the mining becomes more centralized. I think you will should note that Bitcoin and all other major coins are entirely centralized already (https://bitcointalk.org/index.php?topic=1219023.msg13919921#msg13919921) and on the precipice of failure (all of them! study my links!).

Thus Ethereum proposed Casper which is a design that attempts to use sharding (a.k.a. partitions) to improve scaling decentralized. But I explained in this thread, that can't work. To reduce electricity consumption, Ethereum also proposed PoS-like consensus-by-betting with forfeitable deposits. PoS has known failure modes (https://bitcointalk.org/index.php?topic=1319681.msg13488432#msg13488432) that violate Nash equilibrium.

So the point of all this is that Ethereum and all the rest of the crypto coins have not yet solved the fundamental issue of decentralized consensus.

If you want to read a theoretical discussion of why, I did that too (https://bitcointalk.org/index.php?topic=1183043.0).

Okay that is enough from me. Adios.


Title: Re: Double-top on ETH, looks like she's done, put a fork in her...
Post by: tokeweed on February 18, 2016, 11:42:42 AM
You could create a prediction market for that as well.  :D

You can create a prediction market on that in Augur when it goes online.  :D

When Augur goes on line, the price of Ethereum will rise a lot. I think that is the first big app for Ethereum.

Maybe so just because speculators are dumb or chase the price movement of the dumb herd, but fact is Augur is useless because (for as long as) Ethereum is not scalable:

[...]

The point is that scriptable block chains are something that won't mature and become a real adoption market until after many years from now (perhaps decades). The wild price rise of ETH is much too premature and purely hype.

This redudancy + partionning paradox is extremely hard to understand for a newbie who's native language is not even english...

It would be really appreciated if someone could rephrase this paradox summing up with easy terms what is the issue and its consequencies ;D

I am years ago of your computer science knowledge and I may stay years ago of your knowledge in this field for the rest of my life since it isn't my study field.

Thank you in advance.  ;D

Hopefully r0ach and others can offer their laymen's summaries.

What you need to know is that Ethereum as it is currently designed can't scale just as Bitcoin can't scale, but the level of scaling which the current Ethereum can do is much less than even Bitcoin's current limitation because verification/validation of Serpent scripts takes more resources than verification/validation of ECDSA signatures.

For both Bitcoin and Ethereum, this is not just an issue of block size limitation. The issue is that in order to scale, the mining becomes more centralized. I think you will should note that Bitcoin and all other major coins are entirely centralized already (https://bitcointalk.org/index.php?topic=1219023.msg13919921#msg13919921) and on the precipice of failure (all of them! study my links!).

Thus Ethereum proposed Casper which is a design that attempts to use sharding (a.k.a. partitions) to improve scaling decentralized. But I explained in this thread, that can't work. To reduce electricity consumption, Ethereum also proposed PoS-like consensus-by-betting with forfeitable deposits. PoS has known failure modes (https://bitcointalk.org/index.php?topic=1319681.msg13488432#msg13488432) that violate Nash equilibrium.

So the point of all this is that Ethereum and all the rest of the crypto coins have not yet solved the fundamental issue of decentralized consensus.

If you want to read a theoretical discussion of why, I did that too (https://bitcointalk.org/index.php?topic=1183043.0).

Okay that is enough from me. Adios.