Bitcoin Forum

Please give me 10 reasons why ETH is currently taking over and will soon obsolete BTC as someone here claims

1.  Community is better

2.  Faster

3. Ready to scale

4. More versatile

5. More decentralised

6. Not controlled by chinese miners

7. Not run by idiots

8. More developers

9. Used by banks

10. Not used by pedophiles

People are making money. People see a future in it. 10 reasons is a bit greedy.

Thank you for this
i like this list

I could make a longer one but OP said 10 so...

lol, you will rethink about that in 1-3 months

Why?   Current algo is asic proof and ETH will be a proof of stake coin soon so chinese mining farms are shit out of luck

oh man... btc is going down very fast and eth is going up very fast !!!

this is something very interesting in this days !!! jeeeez

vitalik post something very intersting (too) in eth blog: https://blog.ethereum.org/2016/03/05/serenity-poc2/ (https://blog.ethereum.org/2016/03/05/serenity-poc2/)

what a confusion mannnnnnnnnnn... 10 points is very hard, but it has lot of points :D

are you dense? chinese can buy gpu too, and they can create big gpu farm in no time, you will see

proof of stake will only mean dumping, and anyway still1  year to go before it come

What do you think the rendezvous point will be?

this is not 10 reasons why ETH currently taking over and will soon obsolete BTC claims as someone here, but I'm just telling one, maybe it could happen because many bitcoin enthusiasts who initially switched to ehtereum, maybe it will not be long!

Chinese miners cant even gpu farm because the latency of solved blocks is far too long with there crappy internet. By the time they solve a block someone else has already submitted an accepted block.

Just closed my XBT/ETH swap.  More than 50% gain in one week.

This.  Chinese miner can go down with the coin they helped fuck over

there are not only chinese with cheap electricity, as long as there are those with free electricity or very cheap you can not prevent centralization, no matter the algo, the coin or anything else

Your right, but I am just saying why the Chinese cant take eth over, eth is much much much more difficult to get centralised, and the fact pos is coming which makes it even more difficult.

They wont be able to mine enough of the remaining coins to centralise after it goes POS.  Unlucky.  All your theories of ETH failure are falling to pieces

pos make the rich richer, i don't like it, unless here is implemented in a different way

Not so sure about 5. https://www.reddit.com/r/ethereum/comments/48x5y7/psa_could_dwarfpool_please_take_some/

Yeah ... this.  Although fwiw as someone who hated PoS I believe Casper and PoS is the way forward.  As mining rewards go down the percentage allocated to supporting the network is inverted over time. 

It becomes more feasible to make money by forking and taking a long position in an alternate currency or shorting what you're forking.  I've been saying for a year now that the lower and lower inflation is a ticking time bomb. 

All reasons approved except 10. It's plain stupid thing to claim.

Lets take some time to remind ourselves...

Yeah, I tried using some of the other pools and I keep going back to Dwarfpool.

Why? Because for one they aren't constantly trying to screw you over like a certain collapsing star themed pool, which is what it feels like while mining there btw.

Also, they are one of the most stable, where the front-end is not always under attack. They developed the first stratum proxy for ETH mining to improve connectivity and the pools admin actively responds to questions or criticisms.

I am all for spreading out the hash-rate, but until we get a few more credible pools where the owner is actually looking out for more than a quick buck, I think most people are going to go with the pool where they are getting the most coins for their hash-rate, which is currently Dwarfpool.

If you knew anything, you would realize how dumb this question is to begin with.

Haha, Come from Beyond is aboard the eth scamtrain

Why Ethereum is currently the biggest scamcoin created so far:

https://bitcointalk.org/index.php?topic=1361602.0

Wow, you realize you are contradicting yourself here.

First you say you agree with Dwarfpool having too much hash-power and it is bad supposedly because they have too much control over the network, which is only half-true to begin with because there are many different miners who actually make up that hash-rate and could take it elsewhere should nefarious activity be suspected. So somehow this is bad.

But now you are advocating PoS, where only an even smaller portion of people will control the supply, as early reports indicated you would need balance's of at least 1,500 ether ($15,000+ currently) to be able to stake coins. That is somehow better?

So in short, having the ability for home miners to invest $200 in a video card and generate a small amount of coins, even if they point to a large pool is going to sink Ethereum. Whereas people who can invest $15,000 or more before they even begin to stake is somehow perceived as its salvation. Hmm, strange logic here.

Edit: Actually not all that strange, seems exactly like banker logic. Now they just need to up the minimum amount of coins required to stake to somewhere around 20,000 coins and it would be perfect.

Ethereum is much more than a BTC succesor, its more sophisticated and advance than BTC.

1. Community is cancer worse than dogecoin

2. Maybe so but there are plenty of fast crypto out there

3. Bullshit.

4. how so?

5. Its run by miners now, and will be run by the foundation during pos, it looks set to become centralised in the long run

6. Yet. Just wait until the chinese start mining. With cheap power chinese will takeover the network

7. No its run by hypemasters which is worse

8. Does not mean it will be sucessful, bitcoin only had 1 dev in the early days look where it is now

9. Exactly why many people will stay away from it, the banks will alter ether to benefit them and fuck everyone else over just like the current system

10. No but its going to be run by greedy bankers and governments which is worse

Yet it is not something the average person will ever use. Bitcoin is complex but with some work your average person can use it, ether is only for geeks, governments and bankers.

1. no, but it has good branding/marketing
2. no, requires more confirmations
3. lol no, final vision violates cap theorem
4. dont care, see fred wilson's speech on unbundling
5. if ethereum lives to be 7 years old it wont be
6. for now...
7. no, vitalik is a genius tho, but he's surrounded by hype machines
8. most dapp development is abandoned, i've been checking
9. no, its being tested by banks, as is Ripple
10. mike hearn uses it.. more will come

https://www.youtube.com/watch?v=FF-tKLISfPE
ethereum=opendoc.

ethereum is a pyramid for pyramid schemes.  ironically the logo is a pyramid on a pyramid.

I do not think so, although I know ETH is the new coins that can make the price higher, but I'm sure he will not be as good as bitcoin, and bitcoin will never replace, ETH still has many shortcomings compared with bitcoin

Google Iceland Bitcoin Mining

And yeah Stoat is as usual full of shit i can't be bothered with him *this time LOL

All i will say is adding POS to a coin 2 or 3 years after the IPO scam launch does not make it a "legit* POS coin.

used by banks?

I didn't they are used by banks, maybe you guys should at least list the banks that used them so we may have the reason to probably move to ETH or move away instead.

Some of you don't have a clue on what you are talking about. Ethereum was crowdfunded with about $18,5 million! What was the situation with Bitcoin (despite the premine, which can be evaluated nowdays, and as far as I know, it is still intact)? You can't compare Ethereum with Bitcoin, because of 1 simple reason (not 10): One is revolution, and the other is a paid project. Period.

The Ethereum ecosystem may well be very big and be worth billions.

Ethers as a token, however, are a completely different prospect. They perform a very different function to bitcoin because bitcoin is a so called 'bearer token" whereas in Ethereum the tokens are really just supporting the network security and liquidity. Sure they will be worth something but not necessarily as a store of value.

A good example if the difference is this: To transfer a $million using a smart contract on the Ethereum network will cost you only as much Ether as is needed to execute the contract.

On the other hand, to transfer $million worth of value on the bitcoin network - you actually need the million dollars worth of bitcoin

Thats why bitcoin tokens are a store of value and ethereum tokens are not.

If you think Ethereum's going to be big, you're better investing in one of the businesses thats going to run on it rather than the tokens themselves (which are in effectively limitless supply anyway).

Mined coin is mined.  It will become centralized at some point and then it will be game over for the people.  Until then enjoy the ride.  Unmined is the real future and that is why I split between Eth and rimbit.

What you said doesn't even make any fucking sense at all.

quit bitchin and buy eth, the coin is the future and thats that

No. That isn't "that".

Think of it this way. A 100 dollar bill is printed on paper. The bill is the contract and the paper is the carrier of that contract.

By buying Ethereum tokens, you're investing in the paper, not the contract. You have no rights to the contract just because you own some of the tokens that it's "printed on'.

Bitcoin, on the other hand, is a bearer token. What that means is that the token IS the contract.

So, even though Ethereum may be "the future" in terms of technological and commercial decentralisation, Ether tokens are not the future in terms of store of value.

You're holding hot air. (Hot air that's in limitless supply by the way, so the actual stuff might be a better buy  ;)  )

It is still mind boggling that for Ether with the current price
https://www.coingecko.com/en/price_charts/ethereum/usd

There isnot that many wallet services, vibrant exchanges with balanced volumes in comparison to bitcoin

I don't believe Bitcoin will be the one and only and I think Ether has a lot of potential but they have different utilities.

Despite what people are saying Bitcoin has a HUGE advantage over other coins.  The initial distribution.
Since the rise of Bitcoin that made many early investors a lot of money there has been a wave of new investors looking to get rich quick with other coins. Speculation is pushing the prices of these other coins past their actually value based on real world use.

I often compare it to the sports card bubble of the late 80's and 90's.  
Before the 80's kids collected sports cards but did not know their actual future value.  They would put them in the spokes of their bikes, glue them to a book, or store them in their wallet. Eventually parents threw them away, they were destroyed, or they were sold with the house they grew up in. When the 80's rolled around and the demand grew for these sports cards and people began cashing in on their childhood investments. The sports card craze had begun and all of a sudden everyone was collecting sports cards. They were kept fresh in their display cases, nothing was destroyed in hopes that someday they could also reap the rewards of the past. While this occurred companies like Topps, Upperdeck, Donruss, etc. over produced to keep up with demand. Now those cards are worth nothing because they were over produced and most still exist. Bitcoin is very similar. They were lost, destroyed, given away, etc. and when the value of Bitcoin blew up everyone wanted to jump on the train. Now, just like the sports card bubble, altcoins are being overproduced and overbought. Will we have the same conclusion?

If you are looking at BTC purely as a store of value, an asset, then you have a point.

But if you want a currency - to be able to buy and sell things with it, to use it to move money around the world - it's increasingly looking like BTC will fail at this because of the blocksize limits.

Yep, I agree. I believe Bitcoin will be a better version of gold in an age where governments go from paper currency to digital. The only coin/token I truly believe in other than btc is xrp but xrp will be used behind the scenes by market makers to connect permissioned networks filled with fiat IOUs and most people won't even know about it. Ethereum's idea of smart contracts is really cool but I am hesitant to make judgement about ether - I feel it is too early.

I don't think thats true with Premine cause it will be the same "share for the developers" type of thing but it would be more risky than ICO for sure.
However,Bitcoin has its worth and was very creative at first but that doesn't means something new with much better features cannot surpass it and with the sense less drama we are seeing since months people might get more inclined towards a switch but it is not that easy how people think anyways.

I do not think that becoming the new BTC would be best, bitcoin is set to fail. Ethereum is still subject to mining, which sets eutherum at a major disadvantage. I have invested in a coin of my choice "Rimbit" its gotten rid of mining and instead has added interest. If anyone is intrested go to www.rimbit.com

What is your idea of failing?  Not living up to the speculators concept of it taking over the world so they could increase it's potential value by raising it's possible market cap?  If Bitcoin takes over a large portion of the gold market, is that considered failure?

What other point is there if you are only investing ?


Blocksize limits have nothing to do with BItcoin's ability to "function as a currency".

It takes between a day and 3 days for the fiat clearing system to process a dollar transaction. Yet you only wait 3 seconds in the supermarket queue for your payment to be taken. Similarly, blockchain performance does not determine an asset's suitability as a 'currency'. Its performance as a store of value does.

BTC will fail because it is controlled by a few China based miners.  It is not healthy, not sustainable and will lead to BTCs downfall.

I refuse to listen to Mike Hearn's emotional driven rants. Bitcoin has died hundreds of times while rimbit has no life to begin with.

Agreed! The majority of the world still don't understand Bitcoin. Ethereum is even more sophisticated, but that doesn't mean it will surpass Bitcoin. Sometimes simplicity is better. Like the money. You have $100 and you know how much they worth. You go to the bank, make a deposit, receive a receipt for it and you go home. Or buy something... whatever. It's not your problem (or job) to understand how those $100 will go from your account to another. Try to explain that to "ordinary" people, but use Ethereum instead. There are bunch of people who are yelling: "Ethereum this, Ethereum that" (applies to all of the cryptocurrencies they are interested in), but at the end, technology can become great if majority of people accept it.

Good point & really well said.
There really needs to be a lot more clarity to what ETH is.
And the endless comparisons to Bitcoin keep coming.
If this was my forum i would sticky what you said at the top of the forum section here LOL

What he said was a complete load of utter nonsense. 

There is no difference AT ALL between the nature of ETH and the nature of BTC.

Fucking FUDing retards in this place got used to not having me around.

Goddamn it.  Someone needs to show these people a thing or two.

Take it easy... Many things to solve:

https://bitcointalk.org/index.php?topic=1361602.0

Someone needs to show these people a thing or two?
ORLY ?
..is there a "DAPP" for that?  ;D

And you know what i have been thinking? (I may have to launch a topic on the matter)
Who are you stoat?

Really, i would love to know where these NEW users here came from EXACTLY coinciding with
a massive spammy hype campaign here on the forum.. a bunch of NEW accounts popped here
all at once flooding this place with deceitful Ethereum propaganda.
And the creepy weird part is all of these NEW users all rail & rant on like the holiest of holy super experts on Crypto
..with their post count at 8 and their registration time at 2 weeks.

@stoat
Just who are you ?
And, what qualifications and relevant experience do you have in the crypto scene ?
Why is it you demand to be the authority on this stuff and insist on lecturing Hero & Legend accounts here ?
Really, in any other forum in the world this shit just wouldn't fly!

Someone needs to show these people a thing or two?
I think we need to re-instate the "Nooby Jail" then i would not have had to run around exposing your fraud.
After all i had to go through the probationary period ..unlike you and your half dozen co-ETH-spammers.

---

 

The centralization of BTC will lead to its downfall.  Eth is possibly a lot of smoke and mirrors but it is a fun ride just now and it has potential to go massive before common sense prevails.  It does have potential, at least if the hype is believed.  But it can also go down the dead end route that BTC has gone.

I've been looking into cryptos lately and I can't help but notice that EVERYONE seems to be talking about ETH. I want to invest but it seems too good to be true, and that tells me that it is..I don't know any of the underlying technology though so it's hard to discern the truth(much like any topic widely debated on the internet).  You seem to be calling it like you see it..would you mind giving me a laymans explanation of what all this ETH hype is about?

What makes ETH possibly smoke and mirrors and how has bitcoin gone down a dead end route? I am truthfully curious why you say those things.  I know little to nothing about ETH and from what I've seen with bitcoin, it is doing quite well and has been for a long time.

a little nervous, are we?

That 10th reason sounds just stupid because even if it's true right now, it's totally irrelevant.

What some people here don't realise is that we are talking about money - not technology. That is a sociological phenomenon, not a technological one - a finely balanced mix of requirements that starts with having the right monetary properties (as opposed to technological ones).

Then you need a very, very long "rights of passage" phase where the asset basically gets kicked to death, challenged by competitors, FUDed left right & centre and generally proven (not as a technology, but as a monetary reserve).

The problems that bitcoin has right now are GOOD, not bad. Scaleability is a problem you DO want because it shows that despite all the adversity I listed above, adoption is happening. And I don't mean adoption in terms of retail use, I mean true adoption as a store of value - as a cryptocurrency reserve. (What do people do when they make profits ? - dump it into bitcoin. How do Ethereum holders measure the value of their asset ? = in bitcoin).

If Ethereum doesn't have the problems and crises that bitcoin has had, it's sure going to need them because otherwise it'll just be seen as a ticking time bomb. Bitcoin has had early forks, Gox, a kicking in the media, malleability scares, double-spend scares, you name it.

It has survived all of these and it now has 8 years unbroken performance as a monetary reserve under its belt.

Meanwhile, Ethereum has barely had its tyres kicked and by the time it does Bitcoin will have had another $50 Billion - $100 Billion invested in its ecosystem while Ether will have had barely a few million spent trying to get it's intra-shard contracts working.

The people running round squeeling like hyenas that Ether is going to be the next crypto-reserve and that people should "buy their bags" are hoping in vain that bitcoin doesn't survive the current blocksize crises and governance crises. But it will - just as it has survived the previous ones. The reason it will is because it has options and the miners and stakeholders know that. Short term they have options and long term they do and the fact that it's taking time is simply because there's a lot at stake.

*******************

P.S. Another thing. When Bitcoin economy gets investment, it goes directly into supporting the value of the token because bitcoin is primarily a monetary network.

When Ethereum gets investment, it doesn't. It goes towards meta technology that you can bet your bottom dollar its devs will be making blockchain independent.

You are generally right and I like how you are thinking, but Bitcoin must keep up with the adoption, and for that, it will need several hard forks. What if the core developers screw 1 of them? It will be major problem for many many people. So far it's not like a bank were money have insurance. And it is technology after all, but still a lot of people do not understand it. I have never ever looked @ the cryptocurrencies as a way to get rich in fiat. Probably that is why I am holding bags of dead coins. :)

BTC is in the hands of a few mining companies in China - they rule the roost.  It is far too expensive for ordinary people to afford the machinery and the electricity to mine BTC.  They have the power to change supply to suit themselves and that will affect the price too.  BTC has done very well but it cannot continue to do so - there are too many alternatives and one of them will get it right.  I am not sure if it will ETH - there is far too much hype on it but there may be a basis for some of the hype.  That is why I have some - I also like Rimbit - a pre-mined coin that avoids the pitfalls that BTC cannot - check them out on Rimbit.com and say Bob sent you :)  BTC is not finished yet - there is still money to be made in it but I am certainly not putting my pension into it.

What exactly will they "get right" ?

Blockchain performance ? Anti-asic algo ? Turing completeness ? Tunnel the Great Latency-Wall of China ? The right nerd at the helm ? Multi-million dollar investments ? Support for trunk-transport payment and spam mitigation ?

All of these things and more have already been "got right" a hundred times with the flotilla of altcoins that has come our way over the last 3 years. I don't know when you started to be involved in this scene but some of us have been watching for several years for someone to "get it right" and the only one we see doing it monetarily is bitcoin.

Consider this. To become a new monetary reserve in the cryptocurrency sector, "getting it right" means surviving the rights of passage phase for 7 years with a marketcap that dominates all others. Getting ALL exchanges to denominate in your units. Getting a couple of hundred billion to de-invest and re-invest in an entire new technological base and customer sector, and getting $6 billion worth of holdings to do likeways.

Matching bitcoin for marketcap doesn't cut it. It would be a 10-year uphill job from here if it was even on the cards and there's no competitor in sight thats out of the foothills.

IMO most of the interest in ETH has been to profit from it.  There seem to be many who idly say it will --insert future here-- without any specifics.  They are spouting ambiguities.  I also suspect most of these profiteers don't know how to use the actual client; keeping their ETH in their exchange wallets.  Tell me I'm wrong; and explain how.

Let's all get together and pretend we care about currency's trying to rally around coin #7,001
we'll all pretend that not all of us here are only interested in one thing.. profit.
What we'll do is create some "App's" block-chain thingy ma-jigger then tack on a "token"
then we'll prance around marching whimsically swinging our elbows around all exaggerated up high..
(like a little kid marching around in Daddy's much too big shoes) it will be cute & adorable!
awwwww Look at precocious little Jimmy buying ETH - The Bitcoin Killer ..with his lunch money Mom gave him for school.
He'll tell his friends at school during recess about the plans for DAPPS and how it's backed by some famous Russian dude!

Later When ETH is dumped precocious little Jimmy will be trying to slide his arm away..
from under ETH like a guy who got drunk & picked up a fat chick at the bar.

http://i66.tinypic.com/25tjg3m.jpg

But sadly little Jimmy "school-yard financial expert" fresh out of diapers won't make it to school today guys..  :o
you see on the way to school he's going to get lured into a van with promises of "Bitcoin Profits"

But it's ok though.. Jimmy will live (maybe with a sore red read-end and a little embarrassed / hiding his shame at Bitcointalk)

So.. Today's letters are I, P & O

and what did we learn today kids? Stay AWAY from the IPO Rape Van!

http://i66.tinypic.com/343qhzp.jpg

@Spoetnik - brilliant response, and probably accurate too.  However the ride on ETH will be good for quite a while longer.  I am not sure how to describe this with your metaphor though!

@toknormal - I agree with you mostly - BTC are way ahead of everyone else, put together, just now.  But just wait until the Chinese miners really start to flex the power they have.  That is the problem with BTC that cannot be overcome - it is now centralised with 20 off mining companies who are interested in max profits, not the community.

Do you mean that ethereum is complete scam and will be permanently dumped soon?

So the only problem people seem to have with ETH is that they don't own any.

Seems about right.

If you can show me one single cryptocurrency that had a fairer distribution i will shut up.

There is literally no fairer way to fund a project and distribute a coin than an ico.

There are also ETH faucets that have been available for months.

Its also freely mineable to anyone who wanted to mine it.

The reason people are buying ETH is because the dev team are very transparent with what they are doing and it's actually the least scammy and unfair cryptos available, and it's a genuine innovation with actual real world applications.


What is the point of the FUD anyway,  all I can see is that ETH has not hurt bitcoins market cap at all, and that it's revitalised the altcoin market as all manner of coins are now growing.

Not only that, ethereum is opening up new markets for crypto and legitimising it.  So all in all a great benefit to everybody.

No it isn't.

I bought the IPO 2 years ago and dumped it variously at 0.032, 0.031, 0.028 and 0.024.

So it's not a question of not owning any, it's a question of what to do with the profits and whats a store of that value and what isn't. (Profits, of course which are measured in BTC not Ether).


I very much doubt that  ;)


No it isn't. The reason they're buying it is because they think they can earn more BTC.


Ok. At last you said something I might agree with  ;)

P.S. Regarding stores of value, if Ether can get a NET INVESTMENT (excess of buys over sales) of quarter to half a million BTC over the next 12 months to cover mining supply then it might just manage to maintain its current price assuming miners do what they always do.

I make that $100 to $213 million dollars at current exchange rates on condition that BTC doesn't increase its marketcap at all. Rootstock, Lisk, run Ethereum Daaps on the Counteparty blockchain, run Ethereum apps on the Bitcoin blockchain...run them on any blockchain !

Talk about having to paddle fast to stand still - should keep you fit  ;)

Since users seem to think "Halving" is a guaranteed 100% trip to the Moon..
When BTC halves soon enough expect guys to mass super dump ETH and all coins.
It will be an exodus ..people fumbling over each other to dump their "boring" IPO coins.
And stoat what TYPE of coin will they be after ?
A more fairer one.. a mined one ..one called Bitcoin.

And stoat why do you think we all want you to be quiet ?
You must be aware you are spamming nonsense with that admission / offer.

Further more once again for the 5th time you have ignored my question and cried FUD.

Who are you stoat ?

ETH is being backed by Microsoft and is being deployed in blockchain business solution.  Bitcoin has yet to do this.  I dont think BTC will take over ETH but its definitely a stronger competitor.  I see it like this, first was BTC, that set the standard for digital currency.  It was just a matter of time before smart people got together and said, "How can we improve it?".  ETH was born.

Compare it to computers.  BTC is an old Pentium II and ETH is a Pentium 4.  Both work, but one is faster and has better technology, but the Pentium 4 was built from the Pentium II.  The the 4 would never have existed without the II.  Just a step in the evolution for crypto.  Make sense?

Yeah. That makes sense - for a technological investment, but not a monetary one.

As I've been trying to point out, where Bitcoin is concerned we're not talking about technology - we're talking about money.

To see the difference, consider a mid 1960's top of the range IBM typewriter - like one of these (https://www-03.ibm.com/ibm/history/exhibits/modelb/modelb_prices.html).

Cost around $500 at the time which works out at 14 Ounces of Gold at 1960's gold price. Today, you couldn't buy a single iPhone with a hundred of those typewriters, yet you could buy 22 iPhones with 14 Ounces of gold.

Thats the difference between investing in a monetary reserve and a technological advantage of the day. It's also the difference between Bitcoin and Ethereum. No doubt there was a time when shares in typewriter companies went up against Gold as well.

Bitcoin is a cryptocurrency reserve. Ethereum is a tech startup. They are probably both investable for different reasons, but just because Twitter shares went up against Bitcoin, no-one is saying that Twitter is the "next Bitcoin".

Who are you? Who is anybody?

You're an idiot that's good enough for me.

Thanks.. that helps me a lot to show how much of a fool you are.
That is a very dumb thing to say.

Who am i ?
Everyone already knows..
Show me one person here who has gone to such great lengths sharing personal information.
(besides maybe Gleb Gamow) but he is far more a BTC guy than an Altcoin guy.
And yeah i would take it a step further and give you all my god damn ID and my picture (AGAIN)
but all you snotty mouthy hiding little shit cowards out there do is Troll the shit out of me 24/7.
I stumbled onto a topic while back where some random asshole posted my Picture + name and IP address
and was trying to get the world after me.. agaaaaaaaaaaaaaaaaaaaaaaain
Why ? ..because i had criticized his shit coin.
Oh and by the way want to see me "Threats collection" ?
One guy was trying to hire a hitman with Bitcoin to have me killed. (i already brought this up lots)

But stoat.. who are YOU ?

Who am i ?
- Long time piracy / file sharing advocate.
- Death Metal music fan.
- Self Taught Coder.
- Self Taught cracker (Reverse Engineering)
- *previously* Self employed running a PC repair business for 5 years. (rough estimate)
- Opinionated know it all from Kelowna, BC, Canada that puts his money where his mouth is.

Like last night i told my room-mate again i could make his fucked up laptop run like new.
He screwed it up enough he couldn't get online..
Point being is he was leery about my bragging and getting me to work on it.
Why ? Because he told me everyone has said that too and it's still fucked up ROFL
I had his machine running a factory fresh install with his Google Chrome loaded so he could "Facebook"
In less than an hour.
I have done work for the Govt up to International companies to small mom & pop business's.
And prob 100's of average people.
never once failed.. never once got bad feedback.
I deliver. (when others are running their mouth)

Who am i stoat ?
I am a guy who registered his account here long before you did and shared in the learning experience with many others.
I had no trading experience before this so i had to learn the terminology and techniques for trading.. the hard way.
And with 0 cents invested i managed to turn a small fraction of 1 Feathercoin into around 12 thousand dollars profit.
Then i decided to cash out every single bit of it and spend it.
I also did it with out supporting Scam coins like scammy IPO bullshit like ETH.
I also have delved into working on coding CPU or GPU miner mod's.
I could go on but i have said all this lots already..
And if someone wanted to know a bit of searching would turn all of this up.

But stoat if i go searching for your stoat what will i see ?
nothing.. you only just created your account
and have been hiding any & all personal info so we have no idea who you are or why you came here.

stoat i am an open-book and you on the other hand are snotty insulting spammer little coward hiding.
You only ever seem to play hide & seek and leave snotty replies.
After i post this your going to hide again and some other handful of noob accounts
will replace you for a while posting the same styled shit hype ETH trash comments.

Summary ?
stoat is a chicken shit spammer hiding.
And LIKE my IPO shit coin or i will hire a hitman to murder you!!!

Guys,really,am i the only one thats skipping spotnik's posts?Just dont read them.You'll thank me later.

I don't have a problem with ETH; its market volatility = massive ping pong trade gains. It has also made GPU mining profitable for me again.  In general, I only have one problem with ETH shills; they tend to talk shit about BTC as a means of promoting ETH.  No person, network, or organization is better because another is worse.  You cannot generate merit by mudslinging. 

With this in mind; please respond to my previous post:

This is an excellent question and one that most ETH people cannot answer.  I am one of those who likes ETH, has a very sketchy understanding of why "it is brilliant" or why "it is the future".  It is something that is fun to play with because the price goes up and down - too many coins stand still, or more accurately are lying flat comatose.  I have no idea how to use the client and all my ETH is stored in C-Cex.  But it is a fun ride!  I am putting my profits from ETH into my other favourite coin, which is Rimbit and that I do believe has a good future.


You are not wrong IMHO in what you say about ETH.

better all

nice coin

etc

Notice the lack of response

stoat is a bullshitting deceitful shill that has nothing tangible to say ever.
When confronted he cowers and hides.
He created that account here to hype up ETH with silly nonsense
and when i asked him who he is 10 times he simply attacks me..

Also note how when confronted with accusations of using more than1 account here to post ETH bullshit
he will not confirm or deny it.. probably because staff here could nail the fuck out of his ass if he is caught lying.

Ya lie i want to take retarded advice from spamming noob accounts who might be getting paid to post here.
You all do though..
You all lined up to admit you bought into the hype to try and make a quick buck.
So give yourselves a big pat on the back guys.. you made it viable for idiot douche bags to come here and spam.

Greedy stupidity has consequences believe it or not.  :o

By the way.. The OP's NOOB account name speaks volumes doesn't it.

After the DAO & ETH hacking story people return trust in bitcoin again.it is very hard to get a replacement for bitcoin soon perhaps in the next decade . 

All the shills just magically went silent, he?
Soon they start deleting all their comments. Enjoy the shill-comments while they are still there  ;)

I don't believe that Eth  becoming  a new BTC.  Eth can't over take bitcoin because we all know that Bitcoin is bitcoin and Eth is just like
an Alt coins who clone bitcoin.  It can never be happen that's the truth, unless all bitcoiner will shift into eth, and if that happen it should be a valid reason. :)

few months ago they looks excited to say ETH will replace bitcoin someday that's why i saw few thread regarding this and for me bitcoin users will never switched to be ETH users because ETH it's only just altcoins copy of bitcoin also i'm so doubt ETH will survive more than 5 years such as bitcoin

If the Ethereum survives the DAO crisis, it could become the SECOND coin. If not, it will die very soon.

Yeah it will stay at 2nd but for now people are not beleiving right now because of dao issue and i think its impossible to get trust again by people because they already experience it..

Eth is one of the biggest disasters in crypto because most of their developers are absolute fucking morons who couldnt code their way out of a wet paper bag  :)

To be fair it will die in my opinion but its holding strong and fighting the whole way down. Probably the reason for this is the amount of large investors that are still in it and holding it up. They still do have some good devs though, its just an unfortunate event thats caused this and the loop hole should have been found and repaired before it was exploited. hindsight and all that though.

ETH need to born again to becoming "a new BTC".

Don't you love these presumptuous thread titles that the OPs end up regretting? ;D

how does this list hold up now 3 months later?

I respect your opinion, but i don't think this was just "an unfortunate thing" - this is a total and complete disaster by a group of noob devs who have absolutely no idea what they're doing.. yet they still ended up getting rich with their ICO + 18million ETH premine. Sickening shit

I agree 1000% as soon as HF happen and it will, I think they change name to DAO :)

I will just give it some time for the Ethereum to recover. The bitcoin is 7 years old, the Ethereum is just 1 year old.