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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: r0ach on March 11, 2016, 03:39:27 PM



Title: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 11, 2016, 03:39:27 PM
When Mark Karpeles performed a magic trick and made $500 million dollars in investor money disappear, people showed up at his doorstep looking for him.  Eth has now been pumped to this same amount of money in an artificial bubble by some type of VC or bank fund manager involvement.  All evidence points to the fact that Eth can't function as a commercially viable product without partitioning, yet they have not solved the required problems, which are likely unsolvable, to make Eth function in such a partitioned system.

We now have the current reality of:  

1)  lack of fundamentals
2)  artificially pumped bubble
3)  anyone who holds alts during the coming BTC halving rise will be slaughtered anyway

This is a perfect storm to wipe out millions of dollars and it looks like Vitalik is on the verge of pulling the same magic trick as Karpeles in making $500 million dollars vaporize from sight.  Due to the fact that most Eth speculators I've seen on the Bologniex casino have literally no idea how any cryptocurrency functions at all, the eth insiders might believe they're safe and don't have to run and can just string people along for eternity and say, "yea yea, we're working on it, we'll fix Eth someday."


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Victor Beckham on March 11, 2016, 03:56:28 PM

Meanwhile...   Vitalik is traveling the WHOLE FUCKIN' PLANET non-stop & obstruction-free...   ::)
He seems to have got a GoldMan Sach debit card with no spending limit.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Spoetnik on March 11, 2016, 04:05:35 PM
I think he'll push the "Long Con" angle.
He got "a taste" $$$ with that recent pump action i bet..

I also calculated a figure closer to 750 million + when GOX went down myself eh.
He cried hacker etc then his lawyer found a USB drive buried in the corner of his couch (they said)
Don't forget he started taking the money way before it even hit grand a coin..
And his custom back end was possibly forging the order books all along too pushing the price higher.

Last i seen of Mark was he was in a Coindesk story that was about a Twitter photo he shared..
He posted a pic of him having a matinee on the beach while there was a sunset.
This pissed off people !

Later i found out from a top level guy at Cryptsy they had been in contact when it closed..
There was an inner circle of back room boys that included Mark "Magical Tux"
Gox, BTER, Cryptsy etc all sending each other info on user trade activity i was told specifically here publicly*
So.. the user name he used on IRC is rather funny roach LOL
Magic tricks ? "Magical Tux" ? AHHAHAHHA

Supposedly when GOX went down he just stopped responding on IRC.

What i loves is how ooooh so fucking reputable he was considered back then like BigVern & his hench men
All fanboys did is defend Gox and defend Cryptsy and defend Mintpal and .. and ....

They are not going to leave once they get a taste !
And the public will suck up any shit they dish out.. LONG TERM (aka: the long con is ripe & sweet)
all that low hanging fruit.. YUMMMMY !!! :)


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 12, 2016, 09:38:46 AM
Spoeter, are you trying to tell me a coin whose entire supply was created out of thin air by the wave of a hand to enrich private individuals for a system that doesn't even work has no value?


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Spoetnik on March 12, 2016, 10:27:27 AM
Spoeter, are you trying to tell me a coin whose entire supply was created out of thin air by the wave of a hand to enrich private individuals for a system that doesn't even work has no value?

That made me LOL for real hahahha

I hate to be such a hater but some are worse than others..

I came to Crypto to maybe be a part of a new digital currency (like Bitcoin or simply Bitcoin itself ?)
NOT what ever the fuck ETH is ROFL

Like i mean come on guys let's simplify things here..
Does ETH provide an improvement on the digital currency situation in Crypto ?
No ?
Well what does it "do" then ?
Something to do with "APP's" ?
Fail..

And even if you were trying to push an app's platform at best you are catering to a niche market.
which means no global adoption.. ever.
I think the "tokens" idea was mashed together like some frankenstein idea simply
so it would get another IPO listed on exchanges.. and it worked LOL

90% of you out there screamed TAKE MY MONEY NOW !

What is the best possible outcome for ETH ?
I could lay it out but i have been deliberately avoiding saying it because i will not feed the retards hyping it up.
I am not arming this fraudsters with their IPO coin shilling with smart retorts for them LOL
Want to defend ETH ?
Then let's see what you got..

I hate to be a downer all the time but you all out there leave me no choice :(
It's all just a self-destructive greedy circle-jerk.
Like fuck give me something i can support for fuck sakes !

edit:
I don't see much different with ETH than i do BlockNET.
So why didn't you ETH supporters jump on BlockNET then ?
Or did you ? and get burned ? LOL

I gave that BlockNET prick who said he was suing me a whole entire year with out bugging him.
I said 1.5 years back roughly if his scheme is legit no FUD will hurt it..
He will carry out his "PLANS" and all will be well right ?
So guess what boys & girls ?
I recently looked at his ANN topic after all this time and what do i see ?
Complaints about a lack of updates & communication (investors left hanging)
They said he had made grandiose claims / plans on the IPO launch then all this time later.. NOTHING.
he just keeps posting "working on it" for over a year..
What i found really funny is you all were ohhhh sooooo eager to hand him 1 million dollars in BTC for his shitty ass IPO
Then when i checked he had let his domain expire hahahahhaha
I posted on his ANN what ? need help funding the hosting cost ?
Hinting a million dollars does not go as far as it used to LOL
he ignored me then later deleted my comment on his YES of course self modded ANN scam coin topic.
Why did he say he needed that million bucks ?
"to ensure it's a success" he said.. his words !
Who are they ? children.. they posted school yard pics with balloon fights etc and in the lunch cafeteria.
and you dumb fucks gave these "kids" a million dollars LOL

It was a lot like "South Park - S18E01 - Go Fund Yourself"

Even funnier was the Blocknet guy said he had done 75% of the coding before he launched his IPO
which consisted of a PNG file posted with an ANN topic title (apparently that picture was worth 1 million dollars)
So ?
Why did he need 1 million cash to complete the other 25% of work he said he needed done ?
When he managed to do 75% out of pocket.
He also said the funds would be used to pay for dev costs..
How many dev's these days earn a standard salary of 1 million a year ?
What kind of code is he writing ? LOL
apparently NONE !
No updates were posted hahahha

SO ?

Ready to do it all over again this time Kidiots ?
This time with ETH ?

Hey when you IPO scam FAIL on a million dollars then do it again for a BILLION !!1!!111111111ONE

ya you fuckers are smart..  :D


PS:
can't wait to be a billionaire with ETH ?
You can always go invest in "CarbonCoin" i hear they are planting Tree's LOL


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Minecache on March 12, 2016, 11:12:10 AM
What a fuckin load of shit.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: PrismRevolution on March 12, 2016, 11:50:14 AM
Nice point, or just FUD? :P :P


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: d57heinz on March 12, 2016, 02:16:26 PM
is their a comedy section to this forum.. I guess ill report this and see if maybe we can get this moved there.. Can i ask those of you that think this was made out of thin air What are your views of bitcoin then..  Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..   Good luck with your thread.. im sure it satisfies that little part of your brain;)  

Best Regards
Doug


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Febo on March 12, 2016, 02:36:49 PM
flee to Russia?

I thought he live there already. Or Ukraine, but maybe i judged only by his name.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: poloskarted on March 12, 2016, 04:22:32 PM
flee to Russia?

I thought he live there already. Or Ukraine, but maybe i judged only by his name.

No, In switzerland


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Timeline on March 12, 2016, 04:27:49 PM
I don't see how you can compare Eth and Vitalik to the MtGox situation.  ???


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: MR1 on March 12, 2016, 04:46:37 PM
LOL Answer #4 - Butalik Viterin - made my day !


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: loki0505 on March 12, 2016, 04:50:51 PM
look bros, quit hating since you're not making money.  WE making money so ETH is the real deal. bye.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Gyrsur on March 12, 2016, 05:29:11 PM
need more popcorn, ehh!


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: watashi-kokoto on March 12, 2016, 05:32:37 PM
I hope it lasts well into the BTC halvening. Satisfied bagholders is what we all need.

Hope it won't bust too abruptly. The exit run to cash via Bitcoin could take Bitcoin down  too anyway.

EDIT: About Vitalik I hope he would not be blamed after the dump and would stay around. Charismatic figures a.k.a leaders is one of the thing Bitcoin lacks and the masses need  . Vitalik can supply this role just fine.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 12, 2016, 06:20:49 PM
Can i ask those of you that think this was made out of thin air

Bitcoins are not created out of thin air solely to enrich the coin issuer.  That's identical to the fiat banking scams we already have.

Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..

^Perfect example of delusional eth scammer.  Even Nick Szabo said BTC functions better as a currency than Eth but you have all these scammers crawling all over Bologniex claiming Eth not only functions (it doesn't, it's useless without partitioning and they can't make it work.  Partioning also defeats the point of Eth in the first place.), but it's better than Bitcoin to boot!


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Tusk on March 12, 2016, 09:12:53 PM
Hey Vitalik, good for you to have shown the same kudos, same  as Satoshi did, if you can dream it build it, and lets see if it stands. So far you have delivered. Wishing you all the best going forward, and fuck the wingers, if they don't like ethereum let them do something better or they no different than the establishment Satoshi is tearing down.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 12, 2016, 10:47:21 PM
Hey Vitalik, good for you to have shown the same kudos, same  as Satoshi did, if you can dream it build it, and lets see if it stands. So far you have delivered. Wishing you all the best going forward, and fuck the wingers, if they don't like ethereum let them do something better or they no different than the establishment Satoshi is tearing down.

Throwing molotov cocktails at thirsty drunks is "delivering"  ???


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: d57heinz on March 12, 2016, 11:23:20 PM
Can i ask those of you that think this was made out of thin air

Bitcoins are not created out of thin air solely to enrich the coin issuer.  That's identical to the fiat banking scams we already have.

Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..

^Perfect example of delusional eth scammer.  Even Nick Szabo said BTC functions better as a currency than Eth but you have all these scammers crawling all over Bologniex claiming Eth not only functions (it doesn't, it's useless without partitioning and they can't make it work.  Partioning also defeats the point of Eth in the first place.), but it's better than Bitcoin to boot!

Well that's funny. Seems nick on board aswell lmao. 
"Recently, Szabo contrasted the use of smart contracts on Ethereum in relation to the Bitcoin blockchain, “If you want to have a flexible general purpose programming environment like programmers have been used to since the 1950s at least, then you’re going to want to use Ethereum because it’s got a Turing complete language and a large state. I sometimes make the comparison of a pocket calculator [Bitcoin] versus, say, a general purpose computer [Ethereum].”

Ahh well stay with your aol dialup coin BTC
You must be a bag holder. ;).  Don't hang on too long or you'll miss the fomo event.  https://blog.ethereum.org/2015/10/22/nick-szabo-confirmed-as-keynote-speaker-of-ethereums-devcon1/


To each their own.  But hands down ethereum will smoke btc any day of the week.  Best better see it for what it is.  Sooner the better!


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Gyrsur on March 12, 2016, 11:33:11 PM
Can i ask those of you that think this was made out of thin air

Bitcoins are not created out of thin air solely to enrich the coin issuer.  That's identical to the fiat banking scams we already have.

Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..

^Perfect example of delusional eth scammer.  Even Nick Szabo said BTC functions better as a currency than Eth but you have all these scammers crawling all over Bologniex claiming Eth not only functions (it doesn't, it's useless without partitioning and they can't make it work.  Partioning also defeats the point of Eth in the first place.), but it's better than Bitcoin to boot!

Well that's funny. Seems nick on board aswell lmao.  
"Recently, Szabo contrasted the use of smart contracts on Ethereum in relation to the Bitcoin blockchain, “If you want to have a flexible general purpose programming environment like programmers have been used to since the 1950s at least, then you’re going to want to use Ethereum because it’s got a Turing complete language and a large state. I sometimes make the comparison of a pocket calculator [Bitcoin] versus, say, a general purpose computer [Ethereum].”

Ahh well stay with your aol dialup coin BTC
You must be a bag holder. ;).  Don't hang on too long or you'll miss the fomo event.  https://blog.ethereum.org/2015/10/22/nick-szabo-confirmed-as-keynote-speaker-of-ethereums-devcon1/


To each their own.  But hands down ethereum will smoke btc any day of the week.  Best better see it for what it is.  Sooner the better!


proof that Szabo isn't satoshi.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: d57heinz on March 13, 2016, 01:40:26 AM
Can i ask those of you that think this was made out of thin air

Bitcoins are not created out of thin air solely to enrich the coin issuer.  That's identical to the fiat banking scams we already have.

Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..

^Perfect example of delusional eth scammer.  Even Nick Szabo said BTC functions better as a currency than Eth but you have all these scammers crawling all over Bologniex claiming Eth not only functions (it doesn't, it's useless without partitioning and they can't make it work.  Partioning also defeats the point of Eth in the first place.), but it's better than Bitcoin to boot!

Well that's funny. Seems nick on board aswell lmao.  
"Recently, Szabo contrasted the use of smart contracts on Ethereum in relation to the Bitcoin blockchain, “If you want to have a flexible general purpose programming environment like programmers have been used to since the 1950s at least, then you’re going to want to use Ethereum because it’s got a Turing complete language and a large state. I sometimes make the comparison of a pocket calculator [Bitcoin] versus, say, a general purpose computer [Ethereum].”

Ahh well stay with your aol dialup coin BTC
You must be a bag holder. ;).  Don't hang on too long or you'll miss the fomo event.  https://blog.ethereum.org/2015/10/22/nick-szabo-confirmed-as-keynote-speaker-of-ethereums-devcon1/


To each their own.  But hands down ethereum will smoke btc any day of the week.  Best better see it for what it is.  Sooner the better!


proof that Szabo isn't satoshi.


Honestly I don't have much knowledge on the whole Whois satoshi debate.  But this certainly doesn't mean that nick isn't Satoshi. inventions are all about an evolution of events that ultimately lead to bigger better things. If you think the wright brothers were the father of flight your wrong.  There were many that came before that failed and another gentlemens book on aerodynamics was what lead the wright brother to flight.  Bitcoin was great in that it got the ball rolling so to speak.  But to think that Bitcoin in its original form was going to ever work as-is is just silly to me.  This the very reason it's open source you think satoshi being as bright as he is didn't realize this? That is why it must either go thru hard forks to improve it.  Or we goto the better solution which is turning out to be ethereum. 


Best Regards
Doug


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Gyrsur on March 13, 2016, 01:57:18 AM
Can i ask those of you that think this was made out of thin air

Bitcoins are not created out of thin air solely to enrich the coin issuer.  That's identical to the fiat banking scams we already have.

Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..

^Perfect example of delusional eth scammer.  Even Nick Szabo said BTC functions better as a currency than Eth but you have all these scammers crawling all over Bologniex claiming Eth not only functions (it doesn't, it's useless without partitioning and they can't make it work.  Partioning also defeats the point of Eth in the first place.), but it's better than Bitcoin to boot!

Well that's funny. Seems nick on board aswell lmao.  
"Recently, Szabo contrasted the use of smart contracts on Ethereum in relation to the Bitcoin blockchain, “If you want to have a flexible general purpose programming environment like programmers have been used to since the 1950s at least, then you’re going to want to use Ethereum because it’s got a Turing complete language and a large state. I sometimes make the comparison of a pocket calculator [Bitcoin] versus, say, a general purpose computer [Ethereum].”

Ahh well stay with your aol dialup coin BTC
You must be a bag holder. ;).  Don't hang on too long or you'll miss the fomo event.  https://blog.ethereum.org/2015/10/22/nick-szabo-confirmed-as-keynote-speaker-of-ethereums-devcon1/


To each their own.  But hands down ethereum will smoke btc any day of the week.  Best better see it for what it is.  Sooner the better!


proof that Szabo isn't satoshi.


Honestly I don't have much knowledge on the whole Whois satoshi debate.  But this certainly doesn't mean that nick isn't Satoshi. inventions are all about an evolution of events that ultimately lead to bigger better things. If you think the wright brothers were the father of flight your wrong.  There were many that came before that failed and another gentlemens book on aerodynamics was what lead the wright brother to flight.  Bitcoin was great in that it got the ball rolling so to speak.  But to think that Bitcoin in its original form was going to ever work as-is is just silly to me.  This the very reason it's open source you think satoshi being as bright as he is didn't realize this? That is why it must either go thru hard forks to improve it.  Or we goto the better solution which is turning out to be ethereum.  


Best Regards
Doug

satoshi implemeted a stack-based script language which is not Turing-complete. satoshi knew that a Turing-complete implementation has much more risks. Szabo sounds like he doesn't care about the fact.

Bitcoin uses a scripting system for transactions. Forth-like, Script is simple, stack-based, and processed from left to right. It is purposefully not Turing-complete, with no loops.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: RoomBot on March 13, 2016, 02:38:40 AM
Re: Poll

I heard Vitalik speak in a distinguished panel at the DC Blockchain Summit, so I vote "None of the Above."


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 13, 2016, 08:39:38 AM
Re: Poll

I heard Vitalik speak in a distinguished panel at the DC Blockchain Summit, so I vote "None of the Above."

I hear they let Michael Milken and Bernie Madoff speak at distinguished panels too.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: toknormal on March 13, 2016, 08:44:41 AM

is their a comedy section to this forum.. I guess ill report this and see if maybe we can get this moved there.. Can i ask those of you that think this was made out of thin air What are your views of bitcoin then..  Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..   Good luck with your thread.. im sure it satisfies that little part of your brain;)

When I read posts like this I often wonder if the poster actually realises how Ethereum was designed and for what purpose.

For a start Ethereum tokens were not intended as a store of value. The emission curve is huge - another 20 million coins coming online in 12 months. That means even if it maintains its marketcap, the value of your coins will depreciate by about 28% against Bitcoin.

That's not just FUD - it's by design so that people don't "hoard" it and it gets used for apps etc.

Just sayin - when you post stuff like "BTC is dead" t just wreaks of ignorant drunken fever. What do actually know about how to make a valuation of this crypto ?


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 13, 2016, 09:02:23 AM

is their a comedy section to this forum.. I guess ill report this and see if maybe we can get this moved there.. Can i ask those of you that think this was made out of thin air What are your views of bitcoin then..  Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..   Good luck with your thread.. im sure it satisfies that little part of your brain;)

When I read posts like this I often wonder if the poster actually realises how Ethereum was designed and for what purpose.

For a start Ethereum tokens were not intended as a store of value. The emission curve is huge - another 20 million coins coming online in 12 months. That means even if it maintains its marketcap, the value of your coins will depreciate by about 28% against Bitcoin.

That's not just FUD - it's by design so that people don't "hoard" it and it gets used for apps etc.

Just sayin - when you post stuff like "BTC is dead" t just wreaks[reeks] of ignorant drunken fever. What do actually know about how to make a valuation of this crypto ?

How is it possible that you can write such an astute post about Ethereum (and you forgot to tie that original focus into the plan to switch to proof-of-stake with no ongoing debasement), yet totally deny the reality of Dash's scam  ???  Come on, please don't list the 1000s of quantity of masternodes or some other obfuscating illogic. At least I am consistent because I refuse to be involved with any project that is not BOTH technologically and ethically sound.

Re: Cryptocurrencies with a masternode system

In addition to devolving the proof-of-work into a proof-of-stake non-security shitcoin consensus system (https://bitcointalk.org/index.php?topic=1319681.msg13488432#msg13488432), more importantly it is a great scam system:

The rest of your post was gracious, but really you don't understand that the insiders stole the supply and then they crafted masternodes which they could own most of, which thus pay them dividends, so they own an eternal supply of coins to P&D with. There is mining debasement that appears to be decentralized, except due to insider control over masternodes, the debasement ends up back in the insiders' pockets for dumping on greater fools.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: WoJJ78 on March 13, 2016, 10:03:41 AM
None of the above, you're just mad you aren't on the train.  :D


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: tyz on March 13, 2016, 10:21:11 AM
Why should Vitalik flee from Switzerland where he currently lives  ??? There is actually no better country to be.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 13, 2016, 11:06:02 AM
Why should Vitalik flee from Switzerland where he currently lives  ??? There is actually no better country to be.

Because angry mobs will go looking for him when you're responsible for creating a giant bubble where people lose millions of dollars in a giant flash crash from a coin that has 0 prospects of being commercially viable.  All nodes have to verify all smart contracts.  It can't be partitioned because:

1) they have no viable solution to do so and it's likely not possible

and

2)  partitioning defeats the entire purpose of eth in the first place.

People claimed Doge was a scam, but no, Doge was just a BTC clone.  It works perfectly fine.  Ethereum does not actually work.  It is a true scam coin.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Spoetnik on March 13, 2016, 11:56:14 AM
Re: Poll

I heard Vitalik speak in a distinguished panel at the DC Blockchain Summit, so I vote "None of the Above."

I hear they let Michael Milken and Bernie Madoff speak at distinguished panels too.

Exactly.. and he's wearing an Orange jump suit.. NOW !

Quote
Bernard Lawrence "Bernie" Madoff (/ˈmeɪdɒf/;[1] born April 29, 1938) is an American fraudster and a former stockbroker, investment advisor, and financier. He is the former non-executive chairman of the NASDAQ stock market,[2] and the admitted operator of a Ponzi scheme that is considered the largest financial fraud in U.S. history.[3]

Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest on December 11, 2008

https://en.wikipedia.org/wiki/Bernard_Madoff


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: d57heinz on March 13, 2016, 12:21:06 PM
Why should Vitalik flee from Switzerland where he currently lives  ??? There is actually no better country to be.

Because angry mobs will go looking for him when you're responsible for creating a giant bubble where people lose millions of dollars in a giant flash crash from a coin that has 0 prospects of being commercially viable.  All nodes have to verify all smart contracts.  It can't be partitioned because:

1) they have no viable solution to do so and it's likely not possible

and

2)  partitioning defeats the entire purpose of eth in the first place.

People claimed Doge was a scam, but no, Doge was just a BTC clone.  It works perfectly fine.  Ethereum does not actually work.  It is a true scam coin.

Yep all the more reason for satoshi to remain anon.  Who are we going after with the pitch forks when he dumps.  Lmao.  You all sound the fools.  And those of you have a lot to learn about life and ponzi systems.  The fact that mad off was convicted of this crime really is crazy since every system is a ponzi.  I cant think of any systems that aren't afloat without being a ponzi.   I guess planned obsolescence isn't a ponzi in disguise.  You all have a lot to learn !

Sooner we all do away with money and live off the resources the better we all will be.  Monetary systems are destined to fail.  

Best regards
Doug


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 13, 2016, 12:27:21 PM
Yep all the more reason for satoshi to remain anon.  Who are we going after with the pitch forks when he dumps.

Bitcoin actually works at a somewhat reasonable level.  Eth can't function for it's claimed purpose (because scalability is even more important for Eth than Bitcoin and Eth can't scale) yet they charged people millions with an IPO.  Bitcoins are essentially free for anyone to go and pick up off the ground.  Eth charged people money for a scam.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: d57heinz on March 13, 2016, 12:37:02 PM
Yep all the more reason for satoshi to remain anon.  Who are we going after with the pitch forks when he dumps.

Bitcoin actually works at a somewhat reasonable level.  Eth can't function for it's claimed purpose yet they charged people millions with an IPO.  Bitcoins are essentially free for anyone to go and pick up off the ground.  Eth charged people money for a scam.

Well im not going to go back and forth over this.. The technology is open source.. IF you dont like this one or btc.. Then make your own or move to another one. These threads are counter productive.. How about if you think its so broken then tell them how to fix,, Contribute something instead of just hot air.. I have no trouble sending eth to and from whomever .,i can send accross borders, i can sell for fiat on exchanges.. So you tell me to the not to techy guy how this is any different.. Ohh i forgot the major one.. Btc is 10 to 30 min in line at a store while i wait for a conf. vs ethereum with 15 second conf.. At the speed of life we have to be at that level not the slow pace of btc.. I love btc in that it got us thinking about the establishment and their bad practices with money creation.  What i ultimately hope is that we transition to a world of NO money.. Abundance for all . We have the technology to do it. We just have to go about it ourselves and break the grip from the establishment.  Anyway im over this thread.. Try being productive instead of destructive.

Best REgards
Doug
d57heinz


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: makngeerwork on March 13, 2016, 12:48:26 PM
When Mark Karpeles performed a magic trick and made $500 million dollars in investor money disappear, people showed up at his doorstep looking for him.  Eth has now been pumped to this same amount of money in an artificial bubble by some type of VC or bank fund manager involvement.  All evidence points to the fact that Eth can't function as a commercially viable product without partitioning, yet they have not solved the required problems, which are likely unsolvable, to make Eth function in such a partitioned system.

We now have the current reality of:  

1)  lack of fundamentals
2)  artificially pumped bubble
3)  anyone who holds alts during the coming BTC halving rise will be slaughtered anyway

This is a perfect storm to wipe out millions of dollars and it looks like Vitalik is on the verge of pulling the same magic trick as Karpeles in making $500 million dollars vaporize from sight.  Due to the fact that most Eth speculators I've seen on the Bologniex casino have literally no idea how any cryptocurrency functions at all, the eth insiders might believe they're safe and don't have to run and can just string people along for eternity and say, "yea yea, we're working on it, we'll fix Eth someday."



Quoted for a discussion when halving happens, this one will be fun to revisit.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: bitbitch on March 13, 2016, 12:55:33 PM
Why should Vitalik flee from Switzerland where he currently lives  ??? There is actually no better country to be.

and that's the tell. no better country to be in when running the biggest web scam yet seen.

Marc Rich resided there too. LOL.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: RoomBot on March 14, 2016, 04:07:29 AM
Re: Poll

I heard Vitalik speak in a distinguished panel at the DC Blockchain Summit, so I vote "None of the Above."

I hear they let Michael Milken and Bernie Madoff speak at distinguished panels too.


The 4 OP poll choices would probably not apply to them, so I believe you're making a different point.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: densuj on March 14, 2016, 04:18:27 AM
No one know about the future.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: adhitthana on March 14, 2016, 04:23:09 AM

 Charismatic figures a.k.a leaders is one of the thing Bitcoin lacks and the masses need  .
What evidence is there that Bitcoin needs that?


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Ayers on March 14, 2016, 07:32:16 AM
i don't think he will abandon the ship , he need to maintain an imagine, that alone is worth more than the premined ethereum he is holding


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: btcxyzzz on March 14, 2016, 08:01:39 AM
1)  lack of fundamentals
2)  artificially pumped bubble
3)  anyone who holds alts during the coming BTC halving rise will be slaughtered anyway

What a sweet pile of delusional bullshit.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 14, 2016, 09:31:27 AM
What a sweet pile of delusional bullshit. ↓


IOTA token: http://iotatoken.com/ - the future of microtransactions

Overly harsh, but mostly accurate.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Sukovsky on March 14, 2016, 09:33:53 AM
What, didn't you get the memo? Paycoin Ethereum is THE NEW PARADIGM REPLACING BTC


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 14, 2016, 09:36:01 AM
1)  lack of fundamentals
2)  artificially pumped bubble
3)  anyone who holds alts during the coming BTC halving rise will be slaughtered anyway

What a sweet pile of delusional bullshit.

You have an IPO coin in your sig so any knowledgeable person about crypto already knows your viewpoint is bogus.  No IPO coin is ever going anywhere.  If Bitcoin was released as an IPO, it never would have made it an inch off the ground and nobody would have even heard of it.  Perhaps you didn't see the word "currency" in cryptocurrency.  Distribution matters and all IPO distribution is shit and will always be shit.  PoW distribution lasts for decades, yet IPO distribution is done by the wave of a hand to enrich the currency issuer in a span of one second, it's a complete joke scam.

Let's not forget the fact that recursive, closed loop systems are by definition all permissioned ledgers and not anti-fragile, decentralized systems in the first place.  As for Eth, even if you wanted a permissioned ledger, it isn't commercially viable and will never be commercially viable.  Do you think a permissioned ledger has any possibility of competing with Bitcoin?  Hell no.  A world currency has to be robust against failure and these closed loop systems aren't.  If one exchange gets robbed, the coin is dead for good.  Bitcoin state recovery from failures is orders of magnitude in superiority.

https://i.imgur.com/wO2ggJm.jpg


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: electronicash on March 14, 2016, 10:06:25 AM
i don't think he will abandon the ship , he need to maintain an imagine, that alone is worth more than the premined ethereum he is holding

he eventually else file bankruptcy later. he'll have to pay more taxes, he isn't satoshi thats wise enough to remain anonymous. I wonder no one ever taught about that to him ever before, fame isn't a good thing for someone who has money. but then before that happen, he'll definitely shout abandon ship!


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Spoetnik on March 14, 2016, 10:16:51 AM
i don't think he will abandon the ship , he need to maintain an imagine, that alone is worth more than the premined ethereum he is holding

Yup.. Look at BigVern.
He managed to supposedly "sell scripts" as Jim said to the Chinese to setup a Cryptsy clone.
All while heavy in the middle in what was crystal clear an insolvent exchange run by a lying scammer.
Or like me you believe he did the obvious and simply seen the gig was finally up
and decided to setup shop in China secretly but.. got caught making stupid mistakes.
Such as ? Being an idiot and leaving the words Cryptsy plastered all over the Chinese web site
or such as BigVern himself registering the Chinese domain under "Project Investors"

Image ?
Hmm who was it that said they were going to open a new exchange in China far before this ?
I will give you all a hint.. he likes "drifting with his Shelby" and was listed as the Cryptsy CTO + co-founder.

So uhmm anyway what is it exactly all you noobs spouting off (saying nothing tangible) think you know ?

Good luck with your Bitcointalk trading advice Invetards™

Free Market®  :D


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 14, 2016, 10:18:41 AM

Is the graph supposed to scare us?   :-\

The sell was on higher volume than the volume used to raise it.  Insiders cashing out at the top.

Also, Eth is currently undergoing 51% attack:

https://i.imgur.com/Bp7p33z.jpg

Exchanges would have to be insane to allow a 1 billion dollar asset with one pool controlling the entire thing to trade.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 14, 2016, 09:58:38 PM
TPTB is correct, although I'll try and explain in a more digestible manner :)

A contract in ETH (or any platform for that matter) can only come to a reliable consensus if the information it is using to come to that consensus is solely internal to the system.

In the case of this, the driver and the passenger could collude to input "fake" information into the system, perhaps so that the driver gets more tokens or whatever.  There is no way for the system to check, irrefutably, that the journey really was say 20 miles in distance, it could all be fake.

Even if you put a "black box" in the cab, you still cant ever be 100% sure that it wasn't tampered with, and so due to that uncertainly, the consensus can never be totally reliable.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Qatuca on March 14, 2016, 10:30:51 PM
i don't think he will abandon the ship , he need to maintain an imagine, that alone is worth more than the premined ethereum he is holding

How do we know he is still holding the premine coins. Does he make a public pledge to hold them for long term?


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: bitbitch on March 15, 2016, 09:55:55 AM
"Will Vitalik flee the country..."

Vitalik has ALREADY fled. He's now living in **SWITZERLAND**!!


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 15, 2016, 01:10:36 PM
"Will Vitalik flee the country..."

Vitalik has ALREADY fled. He's now living in **SWITZERLAND**!!

I guess you voted for option #4 then


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: bitbitch on March 15, 2016, 01:39:13 PM
"Will Vitalik flee the country..."

Vitalik has ALREADY fled. He's now living in **SWITZERLAND**!!

I guess you voted for option #4 then

voting is the lie that is democracy


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 15, 2016, 02:11:36 PM
"Will Vitalik flee the country..."

Vitalik has ALREADY fled. He's now living in **SWITZERLAND**!!

I guess you voted for option #4 then

voting is the lie that is democracy

All I know is that aristocrats were able to take advantage of the system that was the Roman republic to shape the system entirely to their benefit at the detriment of everyone else (just like today).  Then when Caesar took over, life for the common man was better under him and Octavius, and possibly even people like Nero and Commodus; with the exception of killing random people for no reason, but the statistical odds are on your side.

So, by decentralizing power at the top through a senate or whatever form, you're also decentralizing liability for bad actions, giving them plausible deniabiality, and making them harder to overthrow.  When there's one man at the top, people just kill them and get it over with to fix the system.  The whole "anarchy" thing is stupid, because just like Anonymint always pulls up the power vacuum point in regards to economics, there is always a power vacuum that will be filled by a "strongman" somewhere to abolish anarchy.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: bitbitch on March 15, 2016, 02:34:17 PM
"Will Vitalik flee the country..."

Vitalik has ALREADY fled. He's now living in **SWITZERLAND**!!

I guess you voted for option #4 then

voting is the lie that is democracy

All I know is that aristocrats were able to take advantage of the system that was the Roman republic to shape the system entirely to their benefit at the detriment of everyone else (just like today).  Then when Caesar took over, life for the common man was better under him and Octavius, and possibly even people like Nero and Commodus; with the exception of killing random people for no reason, but the statistical odds are on your side.

So, by decentralizing power at the top through a senate or whatever form, you're also decentralizing liability for bad actions, giving them plausible deniabiality, and making them harder to overthrow.  When there's one man at the top, people just kill them and get it over with to fix the system.  The whole "anarchy" thing is stupid, because just like Anonymint always pulls up the power vacuum point in regards to economics, there is always a power vacuum that will be filled by a "strongman" somewhere to abolish anarchy.

thanks.

today is the Ides of March, the assassination of Julius Augustus Caesar.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: talkbitcoin on March 15, 2016, 03:44:35 PM
why would he run?
just going to dump the coins and kill the price slowly. with this big market cap it is an easy task to complete.
worst case scenario is declaring bankruptcy!


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: CryptoGore on March 15, 2016, 03:50:17 PM
LOL, the best thread ever! :D I think anyway not...he need to fly to mars to run away form such a big volume of investors and creditors! :D :D


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: nickenburg on March 15, 2016, 04:41:45 PM
Lol I don't think Vitalik Is a scammer, I think he really believes in this concept and will solve the problems ahead.
I have seen some youtube video's about him and Ethereum and if this was a scam this is the best ever:P
But it is not and Ethereum will be great, the dapps that are on the way are incredible, and there will be 1 that everyone wants to use for sure!


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 15, 2016, 04:51:34 PM
The whole "anarchy" thing is stupid, because just like Anonymint always pulls up the power vacuum point in regards to economics, there is always a power vacuum that will be filled by a "strongman" somewhere to abolish anarchy.

There is no power vacuum for what people do decentralized such as fornication.

The power vacuum forms over what isn't impossible to centralize.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: bitbitch on March 15, 2016, 05:57:52 PM
Lol I don't think Vitalik Is a scammer, I think he really believes in this concept and will solve the problems ahead.
I have seen some youtube video's about him and Ethereum and if this was a scam this is the best ever:P
But it is not and Ethereum will be great, the dapps that are on the way are incredible, and there will be 1 that everyone wants to use for sure!

i may go to Zug and make my own personal assessment of the ETH thing


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: rokkyroad on March 15, 2016, 06:27:13 PM
Switzerland is famous for its financial privacy.  Good place to bank and keep your affairs private especially if you don't want agencies like Fincen and SEC sniffing around.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 15, 2016, 06:33:22 PM
There is no power vacuum for what people do decentralized such as fornication.

The power vacuum forms over what isn't impossible to centralize.

Fornication seems pretty centralized to me if 1 in 200 people is a descendent of Ghengis Khan.  If you take into account that groups are isolated and never come in contact with each other, and shouldn't even be tallied together, that number would be shockingly higher if you only used the Eurasian population.

http://blogs.discovermagazine.com/gnxp/2010/08/1-in-200-men-direct-descendants-of-genghis-khan/


Lol I don't think Vitalik Is a scammer, I think he really believes in this concept and will solve the problems ahead.
I have seen some youtube video's about him and Ethereum and if this was a scam this is the best ever:P

First of all, the killer app of the blockchain is likely currency, nothing else.  The next runner up would be a decentralized exchange or marketplace.  Either for financial transactions or an ebay/amazon-like experience.  Bitcoin did rise to prominence from the Silk Road after all.  The 3rd runner up is unknown, but it might not even be these so called dapps.  Ethereum will always have abysmal load capacity, much more problemtic than Bitcoin scaling, so even if dapps were the 3rd killer app of the blockchain, Ethereum is unable to even accomplish that feat.






Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: solid12345 on March 15, 2016, 06:50:15 PM
Funny to see the BTC Maximalists lose their shit over ETH.

One could argue ETH is not overpriced, rather its Bitcoin that is underpriced. But hey, Bitcoin is having trouble expanding because it is run by a cartel that is snakier than the Saudi Royal Family.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: jamesbo on March 15, 2016, 06:56:58 PM
No reason to run , when your shit dont stink


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: bitbitch on March 15, 2016, 07:14:56 PM
Switzerland is famous for its financial privacy.  Good place to bank and keep your affairs private especially if you don't want agencies like Fincen and SEC sniffing around.

precisely.

some people think the Chinese will fall over themselves in the rush to invest in a token from an odd looking youth with a Russian name from Canada now living in a tax haven surrounded by jurisdictional walls and limited extradition treaties. mad.

btc is an oriental proposition right now and the Chinese will be happy to keep their hard earned coin inside that cultural comfort zone.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: watashi-kokoto on March 15, 2016, 07:15:24 PM
I wish ethereum a long and prosperous future a.k.a reaching $20 and plenty of reliable and long-term bagholders to unload on over the course of many,many years

EDIT: and loong loong really really slow decline to motivate spending god I wish that was the case so much


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 16, 2016, 07:36:05 PM
Fornication seems pretty centralized to me if 1 in 200 people is a descendent of Ghengis Khan.

The great thing about nature if even if you impregnated every woman on earth, your genes would become so diluted over time by the recombinations of fornication that follow your legacy.

Nature is resilient and routes around Coasian barriers, because the Second Law of Thermodynamics trends to maximum. If it were not this way, the past and future would collapse into a predetermined static nothingness. Specifically the speed-of-light term in the Lorentz factor would be infinite so there would be no time dilation at any relative velocity of the relative inertial frames.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: hv_ on March 16, 2016, 10:27:22 PM
Switzerland is famous for its financial privacy.  Good place to bank and keep your affairs private especially if you don't want agencies like Fincen and SEC sniffing around.

Gone those days... Switzerland signed the OECD,  USA not....


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Piston Honda on March 17, 2016, 07:38:30 PM
Spoeter, are you trying to tell me a coin whose entire supply was created out of thin air by the wave of a hand to enrich private individuals for a system that doesn't even work has no value?

That made me LOL for real hahahha

I hate to be such a hater but some are worse than others..

I came to Crypto to maybe be a part of a new digital currency (like Bitcoin or simply Bitcoin itself ?)
NOT what ever the fuck ETH is ROFL

Like i mean come on guys let's simplify things here..
Does ETH provide an improvement on the digital currency situation in Crypto ?
No ?
Well what does it "do" then ?
Something to do with "APP's" ?
Fail..

And even if you were trying to push an app's platform at best you are catering to a niche market.
which means no global adoption.. ever.
I think the "tokens" idea was mashed together like some frankenstein idea simply
so it would get another IPO listed on exchanges.. and it worked LOL

90% of you out there screamed TAKE MY MONEY NOW !

What is the best possible outcome for ETH ?
I could lay it out but i have been deliberately avoiding saying it because i will not feed the retards hyping it up.
I am not arming this fraudsters with their IPO coin shilling with smart retorts for them LOL
Want to defend ETH ?
Then let's see what you got..

I hate to be a downer all the time but you all out there leave me no choice :(
It's all just a self-destructive greedy circle-jerk.
Like fuck give me something i can support for fuck sakes !

edit:
I don't see much different with ETH than i do BlockNET.
So why didn't you ETH supporters jump on BlockNET then ?
Or did you ? and get burned ? LOL

I gave that BlockNET prick who said he was suing me a whole entire year with out bugging him.
I said 1.5 years back roughly if his scheme is legit no FUD will hurt it..
He will carry out his "PLANS" and all will be well right ?
So guess what boys & girls ?
I recently looked at his ANN topic after all this time and what do i see ?
Complaints about a lack of updates & communication (investors left hanging)
They said he had made grandiose claims / plans on the IPO launch then all this time later.. NOTHING.
he just keeps posting "working on it" for over a year..
What i found really funny is you all were ohhhh sooooo eager to hand him 1 million dollars in BTC for his shitty ass IPO
Then when i checked he had let his domain expire hahahahhaha
I posted on his ANN what ? need help funding the hosting cost ?
Hinting a million dollars does not go as far as it used to LOL
he ignored me then later deleted my comment on his YES of course self modded ANN scam coin topic.
Why did he say he needed that million bucks ?
"to ensure it's a success" he said.. his words !
Who are they ? children.. they posted school yard pics with balloon fights etc and in the lunch cafeteria.
and you dumb fucks gave these "kids" a million dollars LOL

It was a lot like "South Park - S18E01 - Go Fund Yourself"

Even funnier was the Blocknet guy said he had done 75% of the coding before he launched his IPO
which consisted of a PNG file posted with an ANN topic title (apparently that picture was worth 1 million dollars)
So ?
Why did he need 1 million cash to complete the other 25% of work he said he needed done ?
When he managed to do 75% out of pocket.
He also said the funds would be used to pay for dev costs..
How many dev's these days earn a standard salary of 1 million a year ?
What kind of code is he writing ? LOL
apparently NONE !
No updates were posted hahahha

SO ?

Ready to do it all over again this time Kidiots ?
This time with ETH ?

Hey when you IPO scam FAIL on a million dollars then do it again for a BILLION !!1!!111111111ONE

ya you fuckers are smart..  :D


PS:
can't wait to be a billionaire with ETH ?
You can always go invest in "CarbonCoin" i hear they are planting Tree's LOL

lol, agreed.
pretty obvious what eth is/did and where it's heading once the whales leave their crumbs around.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: r0ach on March 18, 2016, 10:53:43 AM
lol, agreed.
pretty obvious what eth is/did and where it's heading once the whales leave their crumbs around.

It's a close race between option #1 and option #4 though.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: d57heinz on March 18, 2016, 01:52:52 PM
Spoeter, are you trying to tell me a coin whose entire supply was created out of thin air by the wave of a hand to enrich private individuals for a system that doesn't even work has no value?

That made me LOL for real hahahha

I hate to be such a hater but some are worse than others..

I came to Crypto to maybe be a part of a new digital currency (like Bitcoin or simply Bitcoin itself ?)
NOT what ever the fuck ETH is ROFL

Like i mean come on guys let's simplify things here..
Does ETH provide an improvement on the digital currency situation in Crypto ?
No ?
Well what does it "do" then ?
Something to do with "APP's" ?
Fail..

And even if you were trying to push an app's platform at best you are catering to a niche market.
which means no global adoption.. ever.
I think the "tokens" idea was mashed together like some frankenstein idea simply
so it would get another IPO listed on exchanges.. and it worked LOL

90% of you out there screamed TAKE MY MONEY NOW !

What is the best possible outcome for ETH ?
I could lay it out but i have been deliberately avoiding saying it because i will not feed the retards hyping it up.
I am not arming this fraudsters with their IPO coin shilling with smart retorts for them LOL
Want to defend ETH ?
Then let's see what you got..

I hate to be a downer all the time but you all out there leave me no choice :(
It's all just a self-destructive greedy circle-jerk.
Like fuck give me something i can support for fuck sakes !

edit:
I don't see much different with ETH than i do BlockNET.
So why didn't you ETH supporters jump on BlockNET then ?
Or did you ? and get burned ? LOL

I gave that BlockNET prick who said he was suing me a whole entire year with out bugging him.
I said 1.5 years back roughly if his scheme is legit no FUD will hurt it..
He will carry out his "PLANS" and all will be well right ?
So guess what boys & girls ?
I recently looked at his ANN topic after all this time and what do i see ?
Complaints about a lack of updates & communication (investors left hanging)
They said he had made grandiose claims / plans on the IPO launch then all this time later.. NOTHING.
he just keeps posting "working on it" for over a year..
What i found really funny is you all were ohhhh sooooo eager to hand him 1 million dollars in BTC for his shitty ass IPO
Then when i checked he had let his domain expire hahahahhaha
I posted on his ANN what ? need help funding the hosting cost ?
Hinting a million dollars does not go as far as it used to LOL
he ignored me then later deleted my comment on his YES of course self modded ANN scam coin topic.
Why did he say he needed that million bucks ?
"to ensure it's a success" he said.. his words !
Who are they ? children.. they posted school yard pics with balloon fights etc and in the lunch cafeteria.
and you dumb fucks gave these "kids" a million dollars LOL

It was a lot like "South Park - S18E01 - Go Fund Yourself"

Even funnier was the Blocknet guy said he had done 75% of the coding before he launched his IPO
which consisted of a PNG file posted with an ANN topic title (apparently that picture was worth 1 million dollars)
So ?
Why did he need 1 million cash to complete the other 25% of work he said he needed done ?
When he managed to do 75% out of pocket.
He also said the funds would be used to pay for dev costs..
How many dev's these days earn a standard salary of 1 million a year ?
What kind of code is he writing ? LOL
apparently NONE !
No updates were posted hahahha

SO ?

Ready to do it all over again this time Kidiots ?
This time with ETH ?

Hey when you IPO scam FAIL on a million dollars then do it again for a BILLION !!1!!111111111ONE

ya you fuckers are smart..  :D


PS:
can't wait to be a billionaire with ETH ?
You can always go invest in "CarbonCoin" i hear they are planting Tree's LOL

lol, agreed.
pretty obvious what eth is/did and where it's heading once the whales leave their crumbs around.

well one could argue thats what is happening to bitcoin.. vc money is dwindling.. Like i said this coin is no diff than btc as far as the pumps and dumps go>  This coin has a 15 second conf time bitocin is 600... just that alone their is a 40x increase in network capacity.. I realize you guys bit off more btc than you can chew.. But its ok.. admit and move on.. To sit and shit on another coin doesnt say much good for btc.. Does btc need this type of behavior to stay afloat.. If so then its already dead.. Just a race to who can mine the most efficient and pull the rest out of the system..  Human behaviour has been shaped to think money is everything.. well its not.. and it makes you look immoral by most of the actions money causes you to do.. Sad..  Whats more sad is that we have the technology to be above all this yet we stick to what we know.  So much yet to learn..

couple good quotes to get you all thinking..

"Crime is based upon need - making money. People sell drugs to make money. If everybody is cared for, they don't sell drugs and if there's no money, you can't sell drugs even if you wanted to. There'd be no such thing as gambling, prostitution, or selling out, or paying off a senator or a governor. There are no senators, there are no governors so you can't pay them off. If you take away the basis or the condition that generates aberrant behavior, you don't have aberrant behavior." - Jacque Fresco

You cannot approach people who think differently with reason and logic if they don't know what that means.  First, you have to appeal to their values to start with.  If you attack them, you lose them.  ~ Jacque Fresco

"Politics was good a hundred years ago. Today, politicians have no ability to solve any problems because they are not students of behavior. They are not students of agriculture, oceanography, they know nothing about the factors that operate the world. So, they say things that people like to hear. And that gets them elected.  Now scientists on the other hand are not concerned with public approval. What they do, even if everybody on earth believe the earth was flat, they would say: 'You're wrong, this is the evidence we have to support the fact that the earth is round' but they don't say: 'it's a little round and a little flat' - that's politicians." ~ Jacque Fresco

Best Regards
d57heinz


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Spoetnik on March 18, 2016, 02:48:03 PM
Heinz, BTC has been good to me.

2nd of all it has not been pumped like ETH has.
With sudden massive spike over night.
And where were you when i launched my scam topic on ETH in 2014
when users here pointed out to me the blocks of IPO coins bought for the tune of 1 million bucks ?
And why did the ETH team stay silent for almost 2 years ?

You know i am fed up with you guys comparing ETH to Bitcoin.
It's a bad analysis !

Why ? so many reasons you guys wouldn't finish reading if i typed them all out ;)

For one thing ETH is an IPO and IPO launches are scammy (Bitcoin is not an IPO shit token)

Bitcoin was designed for the purpose of being used as a currency.. ETH was not.

I shouldn't have to go on.. you ETH supporters are being silly with your retorts.
Want to convince us all ? Fine go for it..
So far i have heard absolutely nothing what so ever to convince me ETH is needed or wanted.. now or ever.
The only reason i say that is because of what i had heard about it and then objectively analyzing the situation etc.

The way i see it is the outcome will not change..
What will happen will happen (regardless of what we babble on about here at Bitcointalk)
Can you all honestly envision ETH being some power currency in 5 years ?
Why do we even need a block-chain based App's platform anyway ?
I have asked that many times and have gotten no answer !
I just get told i am jealous etc.

Forums are for "opinions" i got mine ;)


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 18, 2016, 02:50:07 PM
This coin has a 15 second conf time bitocin is 600... just that alone their is a 40x increase in network capacity

Hey technological idiot. Please stop writing about things you do not understand. Because some n00bs might believe you.

Decreasing the block period, does nothing to decrease the propagation delay for any particular block size. Since the orphan rate is function of both propagation delay and block period, it is wash in terms of one must use smaller block sizes at lower block periods, in order to have the same resistance to centralization of mining (due to the economies-of-scale around winning your own blocks more often, thus avoiding the lost hashrate on orphans and waiting for propagation).


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: d57heinz on March 18, 2016, 03:10:28 PM
This coin has a 15 second conf time bitocin is 600... just that alone their is a 40x increase in network capacity

Hey technological idiot. Please stop writing about things you do not understand. Because some n00bs might believe you.

Decreasing the block period, does nothing to decrease the propagation delay for any particular block size. Since the orphan rate is function of both propagation delay and block period, it is wash in terms of one must use smaller block sizes at lower block periods, in order to have the same resistance to centralization of mining (due to the economies-of-scale around winning your own blocks more often, thus avoiding the lost hashrate on orphans and waiting for propagation).

well that escalated fast.. maybe you should think about why you are so mad.. And explain yourself.. Not all of us are as tech savvy as you seem to "think" you are.   Explain yourself.. so that the "technological idiots" can understand.. I mean if this technology is supposed to be used by the masses i dont expect everyone to be einstein to figure this shit out..  Im waiting.....

Best Regards]
d57heinz


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: d57heinz on March 18, 2016, 03:22:07 PM
Heinz, BTC has been good to me.

2nd of all it has not been pumped like ETH has.
With sudden massive spike over night.
And where were you when i launched my scam topic on ETH in 2014
when users here pointed out to me the blocks of IPO coins bought for the tune of 1 million bucks ?
And why did the ETH team stay silent for almost 2 years ?

You know i am fed up with you guys comparing ETH to Bitcoin.
It's a bad analysis !

Why ? so many reasons you guys wouldn't finish reading if i typed them all out ;)

For one thing ETH is an IPO and IPO launches are scammy (Bitcoin is not an IPO shit token)

Bitcoin was designed for the purpose of being used as a currency.. ETH was not.

I shouldn't have to go on.. you ETH supporters are being silly with your retorts.
Want to convince us all ? Fine go for it..
So far i have heard absolutely nothing what so ever to convince me ETH is needed or wanted.. now or ever.
The only reason i say that is because of what i had heard about it and then objectively analyzing the situation etc.

The way i see it is the outcome will not change..
What will happen will happen (regardless of what we babble on about here at Bitcointalk)
Can you all honestly envision ETH being some power currency in 5 years ?
Why do we even need a block-chain based App's platform anyway ?
I have asked that many times and have gotten no answer !
I just get told i am jealous etc.

Forums are for "opinions" i got mine ;)

To think that btc will be the one and only one is not a good way of thinking. >going to lead you into a trap.. Im sure aol thought they were the best.> kept sending out cd's that all ended up being used as coasters for my morning coffee.. What i see of btc or crypto in general is my coins dick is bigger than yours .. Well thats all fine and dandy but you end up with what you got now(1000's of alts and no one can decide which is the "best").. Just imagine for those of you that think money is everything.. what could have come of btc had all these devs of alt coins actually contributed to making btc better instead of thinking they have the best solution.. This mindset is flawed at its very core.. tought to us at an early age.. Only way to get ahead is to step on the next guy... Btc will always be just what it is today unless the crypto community comes together to create one great coin that has all the best features of all the alts.. i mean hell look at btc isnt it just a mish mosh of different techniques.. when someone says satoshi created bitcoin well their wrong it took many great minds before him to get btc where its at.. i dont understand why the btc community doesn't get this and come together and build on what satoshi was able to mesh together from other great minds..

Edit just so you know im not trying to pump eth.. Im just telling you how i see it.  Everyone has their opinions i get it.. I say don't just do one or the other.. lets do btc and ethereum.. You know they can both coexist.  https://www.youtube.com/watch?v=H6bGuKN3m6E We all know this has the most potential for an alt that ive ever seen to date.   No other coin that im aware of has as much development behind it.. possibly more than btc since so many are being burnt by btc stagnation.
Best Regards
Doug


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: rokkyroad on March 18, 2016, 10:24:32 PM
Quote
Will Vitalik flee the country after the Eth scheme implodes?

He won't flee Switzerland but he might have "some splainin to do".

He's already admitted to dumping coins for continued funding and 2 million eth for a "cushion" in fiat. This was in early March. God only knows what he's dumped since then. They wanted 20 - 50 million to fulfill the "vision".  https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Few rules and little enforcement regarding cryptocurrencies so these guys can do what ever they want.  Its like taking candy away from a baby.

So ... Its pretty darned nice of folk to finance this lad yet again. Will it pay off in years to come? Time will tell but history shows us these projects fade away.





Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: NextGenCrypto on March 18, 2016, 10:54:39 PM

Standard Spoetnik bullshit...


Fortunately, like me, nobody bothers to read this bullshit.

I don't even have to read it to know it's a bunch of bullshit, that's the great part about you.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Spoetnik on March 18, 2016, 11:50:57 PM
Quote
Will Vitalik flee the country after the Eth scheme implodes?

He won't flee Switzerland but he might have "some splainin to do".

He's already admitted to dumping coins for continued funding and 2 million eth for a "cushion" in fiat. This was in early March. God only knows what he's dumped since then. They wanted 20 - 50 million to fulfill the "vision".  https://news.bitcoin.com/vitalik-buterin-ethereums-price-rise-increases-our-sovereignty/

Few rules and little enforcement regarding cryptocurrencies so these guys can do what ever they want.  Its like taking candy away from a baby.

So ... Its pretty darned nice of folk to finance this lad yet again. Will it pay off in years to come? Time will tell but history shows us these projects fade away.





Hmm interesting.. you veered BACK on-topic LOL

I don't think he'll run & hide.. this guy is a long con'er all the way !
Look at Cryptsy..
Guys have learned that as long as you hang around shoveling excuses you can basically cry FUD and keep "Taking"
There is no real reason for these guys to leave or run or hide.
They know they are untouchable and can literally get away with anything.. all by posting a little bit of babble occasionally.

The 2nd thing your brought up is interesting and not too surprising either..
I would love to get the stats / numbers and break them down.. simply to compare against BlockNET  :D
The initial IPO of BlockNET "asked" for around $980,000.00 usd worth of Bitcoin.
I bet ETH has utterly blown that figure away easily !
You all have made these ETH guys seriously rich.

See how Pyramid scheme's works guys ?
Like a pyramid we have a hollow useless thing paraded around then the top guys make a fortune..
then all the way down the pyramid we have more & more user making less & less
until there is the "break even" crowd of ETH holders.. then the LOSERS !

This HAS played out exactly like a modern day digital 'token' IPO pyramid scheme.



@NextGenCrypto
All i can say is ..go buy some ETH about it  ;D

No one really cares who you do or don't like listening to.
Feel free to book an appointment with a psychiatrist and cry on his couch about Spoetnik's forum comments.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: zmhaha on March 19, 2016, 07:09:14 AM
Denial is a b**** i guess! Oh well!


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 19, 2016, 12:21:36 PM
Not all of us are as tech savvy as you seem to "think" you are.   Explain yourself.. so that the "technological idiots" can understand.. I mean if this technology is supposed to be used by the masses

I've done 10,000+ posts of explaining, but you idiots don't read.

And then you say that I only "think" I am tech savvy, when in fact I know damn well that I know the technology.

Please take your 110 IQ and monstrosity of an ego problem (http://esr.ibiblio.org/?p=1404) off my lawn. I was trying to embarrass you into being more circumspect, but the enormous pride and ego the Dunning-Kruger idiot is impenetrable. You have no shame for your promulgation on entirely incorrect technological statements.

The masses won't need to know a damn thing about the technology. They will simply adopt it because it works for them. Ethereum has 0 users. Objective you much.  ::)


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: d57heinz on March 19, 2016, 01:46:18 PM
Not all of us are as tech savvy as you seem to "think" you are.   Explain yourself.. so that the "technological idiots" can understand.. I mean if this technology is supposed to be used by the masses

I've done 10,000+ posts of explaining, but you idiots don't read.

And then you say that I only "think" I am tech savvy, when in fact I know damn well that I know the technology.

Please take your 110 IQ and monstrosity of an ego problem (http://esr.ibiblio.org/?p=1404) off my lawn. I was trying to embarrass you into being more circumspect, but the enormous pride and ego the Dunning-Kruger idiot is impenetrable. You have no shame for your promulgation on entirely incorrect technological statements.

The masses won't need to know a damn thing about the technology. They will simply adopt it because it works for them. Ethereum has 0 users. Objective you much.  ::)

well those are some big words for someone that immidiately resorts to name calling..  well now i know you "think" your intelligent:)

Good day sir.  Like i said good luck with your fud thread.. Anyone with half a brain knows money is a scam construct made up by man.. Your falling right in line... good little sheep you are:)


Ill leave this quote for you.. i think you will understand it..

You cannot approach people who think differently with reason and logic if they don't know what that means.  First, you have to appeal to their values to start with.  If you attack them, you lose them.  ~ Jacque Fresco


Edit >>  ill leave this here for you too.. since you think there are 0 users of ethereum..  ::)  https://www.etherchain.org/blocks  i dont see many empty blocks..UNLIKE BTC ::)  And you would think if propagation was such a big problem we would have loads of them.. Most likely the fact taht we can mine orphans also unlike btc.. Btc was great for a start but to think that will be the one and only is naive at the very least!

And here you can see steady growth in the size of Ethereum blocks..  https://etherscan.io/charts/blocksize

Best Regards
Doug


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 19, 2016, 07:10:40 PM
since you think there are 0 users of ethereum

P&D transactions don't count as users. I am talking about impacting the world, not just small circle jerk of Pink Sheets gambling orgies.

First, you have to appeal to their values to start with.  If you attack them, you lose them.  ~ Jacque Fresco

I told you to get your proudly ignorant ego off my lawn. I want to lose useless, obstructionist garbage deadweight such as yourself, so I can focus on changing the world. You are meaningless to my goal. Accept it or remain in delusion.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 20, 2016, 12:58:02 AM
So you've concluded that those projects will be abandoned before release as there's no way to get them to work?

I am guessing they will release them but they will be plagued by non-adoption and to the extent their is significant ETH in play, they will be attacked either to steal ETH or short ETH and crash the ETH price.

I am expecting a centralized clusterfuck (much more dire than Bitcoin's current scalepocalypse) originally marketed as decentralized nirvana.

Of course it is also possible it could unravel before that and they abandon with their tail between their legs, but I doubt this because one assumes they raised more $millions in the recent pump.

The chance of them solving the underlying insoluble fundamental flaws is nil. There is no way to do sharding of smart contracts without breaking the Nash equilibrium that creates a majority consensus instead of many competing forks. There is no way to arrive at consensus of off-chain events without delegating consensus to trusted centralized entities. It is a huge clusterfuck that Vitalik weaved.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: BellaBitBit on March 20, 2016, 02:24:03 AM
Funny to see the BTC Maximalists lose their shit over ETH.

One could argue ETH is not overpriced, rather its Bitcoin that is underpriced. But hey, Bitcoin is having trouble expanding because it is run by a cartel that is snakier than the Saudi Royal Family.

I agree.  I think Bitcoin is undervalued therefore ETH appears to be "close" to btc in value.  When price suppression is over it may look like a different landscape.

To OP, why would Vitalik need to flee? What is the scam?


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 20, 2016, 02:34:17 AM
BTW - Here is a link that confirms "A rumor has been circulated recently that VB almost came to work for Ripple"
https://youtu.be/fbEtivJIfIU?t=11m7s (https://youtu.be/fbEtivJIfIU?t=11m7s)

Listening forward to the end of the 15th minute, will if you are solid senior level software engineer with a strong economics expertise, start to make you realize that Vitalik is an unrealistic dreamer who doesn't think out the real world insolubility of his childish fantasies.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: acdc on March 20, 2016, 06:50:04 AM
ETH might be a tech clusterfuck that can't work as advertised, but what's stopping VB converting the community of devs and supporters into something similar that does. I owned some bitcoins in Jan 2014 that I burnt into counterparty. If ETH is doomed they'll burn it into something else, why? coz they're all in the same boat. It might be a ponzi for years existing on fumes & promises, but that's exactly what bitcoin started as

edit @TPTB, please call me an idiot,


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: Spoetnik on March 20, 2016, 07:27:34 AM
@TPTB_need_war
You want to OWN this noob shill account or should i ?

Hey guess what everyone.. Ethereum is just like Bitcoin !

Except well.. it's NOT  :D

-Was Bitcoin a scammy launched IPO ?
-Was BTC open source ?
-Was BTC intended to be a CURRENCY ?
-Was BTC needed ?

Hey i got a great idea.. go create another account and say "Bitcoin is like Ethereum"

By the way Bitcoin has not been doing too shit hot as it is so you might want to pick a better comparison.
it never has gone back to $1,000 a coin and the ATM store front in my Town was closed 2 years ago
and every single person i ever talk to on the street is shocked to hear "Bitcoin is still a thing"

Funny thing is, those people i talk to even after having bitcoin explained to them endlessly
from all kinds of different source for ages.. they STILL don't get what it is !

So by all means..
Go find those same people and convince them they need a scammy pumped & dumped "DAPPS" digital IPO token.
It's funny because you guys could not come close to convincing us ETH "App's " are needed..
So i have no bloody idea how you think your going to convince the public.
Start by asking them for their CC number to buy ETH "tokens' online hahahha

I seen a guy with an advertisement on his web site for "Paypal"
Guess what i said ?
"Paypal the safe & easy way to send money"

Now my little wannabee backyard-mechanic mensa geniuses tell me..
What do think the general public "values" ? (based on that advertisement)

Before Crypto existed they Already heard a lot about fraud etc on Computers.


Title: Re: Will Vitalik flee the country after the Eth scheme implodes?
Post by: TPTB_need_war on March 20, 2016, 01:23:51 PM
Listening forward to the end of the 15th minute, will if you are solid senior level software engineer with a strong economics expertise, start to make you realize that Vitalik is an unrealistic dreamer who doesn't think out the real world insolubility of his childish fantasies.


Maybe you are too logical... What is an unrealistic dreamer?

“Imagination is more important than knowledge...

I am extremely creative (did you not look at CoolPage.com or Corel Painter on which I created or worked on as a programmer and graphic artist). How about my essays[1]. How about the print ads I did for WordUp (https://www.linkedin.com/in/shelby-moore-iii-b31488b0) which I also programmed. The difference is I am a realistic dreamer with a realistic plan (https://bitcointalk.org/index.php?topic=1219023.msg14253978#msg14253978) who has proven I make products that end up used by millions. Vitalik lacks the realistic grounding (and no experience!) to choose viable goals and implement them effectively. What a horrible destruction of a math nerd to allow him to enter this fantasy world where he can sell childish, unrealistic fantasy technobabble to gullible speculator n00bs.

[1]http://unheresy.com/
https://bitcointalk.org/index.php?topic=355212.0
http://web.archive.org/web/20140225115821/http://www.coolpagehelp.com/index.html?row2col2=developer.html

[...]