Bitcoin Forum

Just another way to try and discredit bitcoin and create fud. Better sell before we break out of this triangle and the eth insider traders take all your bitcoins....although if you're holding eth at this point thinking it will replace bitcoin, you deserve to lose them anyway.

Seriously  ???  like what is your problem with eth ?  what just because it is doing well and has a really great team behind it, you think it is some conspiracy to discredit bitcoin, wise up, you do bitcoin and ether a discredit with such paranoid views.  This come from someone who holds and loves both...... i just dont get this whole attack any other crypto that does well mentality  ???

Get your tight buns on r/btc. They'll lap up whatever screechy conspiracies you can cook up.

I believe this mentality is indicative of why BTC is not doing so well anymore. If you dismiss everything non-BTC, well then it's going to be hard learning from those projects. And those projects might also have talented teams, and often solve fundamental problems that BTC is still struggling with. If this mentality does not change BTC will be a dinosaur one day, simply out-evolved by others.

Where can I use my Ether? Oh right, nowhere.

It would make sense if you consider the two things:
1) Coordinated contentious HF's and media attacks (Hearn).
2) ETH bots before the pump on Reddit.
3) ETH bots on the Forum now (quite annoying).

http://cointelegraph.com/news/microsoft-store-to-not-accept-bitcoin-anymore

Yeah, just exchange it for Ethereum  ;) :-*

You mean one of the main hubs for attacking bitcoin and pumping eth? Reddit crypto communities are a cesspit of buttcoin eth pumping sockpuppets spending their days and nights manipulating votes from their basement.

Quote myself this time :

Well, there's
Bitfinex is pleased to announce upcoming support for trading Ether. (https://bitcointalk.org/pages/announcements/?id=93)
No more having to cash out through BTC :(

Good points.

well that is not using, that is speculating....

anyway i'm only mining ethereum and dumping for bitcoin, like any sane person would do

Any evidence? The way is see it Ethereum could be doing well but I fail to see how exactly it could displace Bitcoin for a long term period.

We all know Ether is pump but why should we worry about Bitcoin itself? It has huge momentum and Bitcoin is big.

Asking the wrong questions give you wrong answers.

What you have to ask is, is it possible to implement ETH where BTC is currently being accepted?

@OP, stop whining and say hello to the free market.


Here you go:
https://giftoff.com/digital-currencies

Lauda i am pretty surprised at you saying this, i had thought that you where one pretty sensible guy ??? but seriously are you telling me that just because you cant use ether (which is pretty petty to be honest, i live in Ireland, within about 400 miles i can by a coffee in bitcoin in one shop)  then it is some sort of pump and dump ? 

Kodak probably thought the same thing off Nokia until they woke up one morning and had lost..... :)  the thing is i want both ether and bitcoin to win, and this attack every other crypto aint going to work....... >:(

Curious fact: Speculation is use.
Or did you mean use like ransomware & overpriced drugs on notoriously unreliable markets, Bitcoin's 2 main non-speculative use scenarios?

Eth will be pumped?

Yeah, though it was also hard to find places where I could use bitcoin when I first got into bitcoin.

I got into bitcoin because to me it solved a major problem - credit cards weren't designed for a connected world and their use was dependent upon me trusting the vendor takes the necessary precautions to secure my information from theft.

The innovation in bitcoin took away the need for that trust.

Maybe there will be an alt coin that has an innovation that solves a problem for me, and then I will likely buy into it even if I can't spend it.

Some people may feel Eth does that. I personally don't, a turing complete scripting language in the blockchain is worthless to me - it doesn't solve any problems. But some people may believe it does.

Incoming:"Microsoft controls Ethereum".

I don't care, nor do I want that to happen.

In comparison to Bitcoin is what I meant.

What kind of argument is this? "I'm invested in Ether and you are insensible because you dislike it"? My 3 points stand strong. Again, it is a fact that the merchant adoption is very weak in comparison to BTC (I'll assume LTC has better than Ether); it is a fact that there were bots promoting ETH on reddit and it is a fact that there are bots spamming "Bitcoin dying; ETH up" rubbish here, ergo the chances of this being coordinated are very high.
Can't you use logic?

no i means use it to buy legal items, any other thing is not what i would call usage

I don't care either way. May the best coin win. However, this smells of manipulated pump like so many others over the years.

Ah, you mean "buying stuff for way too much, in ways that make Rube Goldberg seem terse and totally not funny"?
Like buying BTC with fiat (paying premium), to buy overpriced item (because totally worth it; merchant accepts BTC!!!1!), so BitPay could sell your BTC & sends resultant fiat to the BTC merchant?
Gotcha!
Srs bizniz, this Bitcoin ::)


Yeah, still giggle when I think about rubes buying BTC @ $1200.

All i know is that its fast growth causes quite something. I stumbled upon some people on this forum who actually interested on investing ether, but with their current condition, its quite problematic. They have less online wallet and exchanger than other well-known cryptocurrency such as doge or lite, making some people double think before buying. Also, faucet (which attract and will introduce the coin to most people) is a long way to go because of their low rate and ether's 0.05 minimum WD/deposit. So will it replace btc? Not for now, I believe. But its a good exchange coin.

The irony is extreme.

Maybe, just maybe, the thousands of people who moved from /r/bitcoin to /r/btc did so for other reasons than to "manipulate votes from our basements"? :D

You people are beyond belief.

My logic would tell me that you missed out on Ether and are raging...... haha enjoy the rage quite big lad......... ;D

Ironic shill is ironic while ironic so she can shill while she shills.

no, i simply buy on purseio, with amazon and i get a huge discount, why i should use fiat? or even ethereum lol

altcoin are full clone in terms of usage they offer zero advantages over bitcoin, don't bring the usual confirmation time bullshit, that is a non-issue

So let me get this straight: you mine alts, sell them for BTC, and then go to a carding website to be "matched up" with a carder ...all for a 15% discount?
Protip: Better carding deals elsewhere.

>altcoin are full clone
You do understand that Etherium has almost nothing in common with Bitcoin, correct?

I dont think so, it's just a bunch of shills want to make quick buck.

But ETH may have some innovation in it, i think it is here to stay, but the price may go lower who knows.

It has some innovation but what real world problems does it solve?

I dont think so. Eth pump is a sign that open crypto world is growing. I am very sure that the next year more blockchain system will pass 1 billion value.

Etherium probably solves something for somebody.
I mean, Bitcoin let you stop worrying about retailers releasing your secret CC infos, I'm certain ETH solves some similarly pressing problem.

decentralized computing, what can be used for lets see? Everything.

If that contract system stays up, it can literally create a skynet type AI that will solve all our problems... (sarcasm)


But of course I`m more worried that ETH being so complex it will have tons of vulnerabilities and attack vectors, that will be exploited and it could take a huge damage from that.

It's not decentralized though, it is centralized in the Ethereum network. And we already have decentralized computing - it's called the cloud, and it is cheap to buy processing power on the cloud - processing power that is wicked fast compared to Ethereum.

EDIT

By centralized in Ethereum what I mean is - once your platform is built upon Ethereum you essentially are locked in, it would cost a lot of money to port it to something else. That's not the case in other decentralized cloud solutions. And it is slower. So you are locked in to something that is slow.

Who the hell wants that?

Thats a bad example, a cloud is the centralized one, ethereum is not





I`m more worried about eth governance. Since ethereum must be a de-facto dictatorship.

Just look at BTC, how hard it is to reach consensus, and it's only 1 variable = the block size.

With ethereum there are millions of variables that need tweaking, so you cannot have a voting on that, you will never reach consensus, so ETH will be a dictatorship from the ETH foundation .

It's ironic, a decentralized platform being a dictatorship  :D

Cloud is not centralized. Want to run a cloud node or three? There are free Linux distros just for doing so.

And if you use cloud for cpu power, you can change vendors easily enough - your cloud based applications can move to different vendors. Some cloud vendors offer features that lock you in to them, but you don't have to.

Where do you move your ethereum apps to if you decide it is too expensive for the processing power you get?

What i mean is that they can be shut down by ISP or govenrment.

But with ETH your contract lives on the blockchain regardless of what happens to your PC.

What you want crypto is pump and dump how many times doge has been havily pumped and dumped
eth is innovative blockchain will be used by Microsoft and maybe by German autonomous cars
Bitcoins problems are pseudo developers and nervous community

Foolish ad hominem. You have no arguments to defend your position. I don't know why I expected anything valuable from people who invest in shitcoins.

You mean Bitcoin holders buying another Altcoin == crypto world is growing? This doesn't add up. The traded volume ETH/Fiat is low.

ETH problems (for example) are centralized planning, lower security (POS), inflation If you've come along to Bitcoin for the right reasons, you would not consider getting involved in ETH. People need to calm down, ETH can have its own place next to Bitcoin, but that's it.

Pumps and dumps are bad news for everybody. Lot of people burnt their hands and develop a bad opinion about anything and everything in the cryptoworld.
I have no problems with ethereum and other cryptos increasing their marketcap, but let it be sustainable.

but you are operating on an exposed public blockchain which means your government does not need a warrant to look at what you are doing.

One problem ETH does not have that BTC does is ...the price. Which has been skyrocketing while bitcoin hodlers stood there, mouths agape, wieners in hand :(
But, on the other hand, if you do like money -- anything about it, like not losing shitloads of it, or even, dare I say it? making it grow by OVER 1000 FUCKING PERCENT, IN LESS THAN TWO MONTHS, ETH might be of some interest to you.


Apologies in advance, gentlemen, to the high-minded ideologues amongst you. Those who, like Lauda, pimp dice and mixing sites in your sigs for ...totally not earning a pittance any which way you could.
Cearly ain't about the money 4u!

http://24.media.tumblr.com/tumblr_m7i41heDNm1r5r8duo2_500.gif

tl:dr follow the shitcoin pumps and post edgy gifs that have nothing to do with the post


Some people actually care about what bitcoin means and not just in for get rich quick schemes/pump and dumps.

... Does not matter. Momentum and marketing just vipes away all worries.
They think all can be fixed with money, also get around the CAP theorem...
But you will be able to send ETH for free , what should be able with BTC still if all would listen to Satoshi...

BTW. Rootstock says its fully compatible with ETH and you can have all features on a BTC sidechain ....

So BTC devs just need to show some agile move and sb has to do marketing.

i totally agree with this.

especially after putting some incidents together you can come to the same conclusion. the biggest incident that i am talking about was Mike Hearn's FUD about bitcoin which happened at the same time as ETH was about to be pumped.
add to that all the spam advertising on social medias like reddit,... plus the spread of FUD about bitcoin and spam attack on bitcoin then you have yourself a coordinated attack on bitcoin.

no, for a huge 32% discount, i saved like 50 euro on 150 euro total, that's huge, if you consider the short time frame, the onyl problem is that no one is buying expensive thign there

also i'm talking about ìethereum as a currency not as a platform, and it is a 100% clone of bitcoin, nothing new, don't tell me that it has the pos system....

Yep. R3 is about to figure out ANY tech to save big banks profits. So ETH might be a cheap solution, pumped a bit that gets awareness and enough devs on the boat, creating some open source product that they will just fork / copy in case it works....

Same I predict for other corps that want risky smart contract stuff. Nobody of those will trust a real open system as ETH can be.

No way _
:) There is room for BTC and ETH...its a huuuuge market#

this thing hs barely started

No doubt there are some deep pockets gobbling up as much Ether as they can. Which I'd prefer not as they will probably profit handsomely, and I'd rather it was spread more widely at this stage

What does ETH offer on the table which is more unique than Bitcoin or other alt coins of that matter? It looks to me like a massive quick pump to get some people rich very fast.

"Anyone who disagrees with me is a shillsockpuppet"

Fuck off you idiot :D

I will say that the aggressive nature of the buying and endless amount of bitcoins they keep reloading to buy is quite extraordinary.
I do wonder who wants to buy so many so aggressively.
Something very different is happening with Ether, but what I don't know, but it's strange

1- A fully funded foundation.
2- A team of developers who are not splitting up and creating a core and classic.
3- Microsoft looking at them the eth team seriously.
4- It's new and exciting while bitcoin is old news and boring.
5-Dapps
6-Smart contracts

I came up with all that and I only really been looking at eth for a few days now and only bought my first eth at 0.03
Im sure some ol timer eth heads can chime in with more pros for eth.

If banks are going to use the Etherium blockchain then I'd be surprised if they themselves weren't loading up as principal.

good point. can you imagine the big banks pouring trillions into eth..... maybe they are planning on making it a defacto world currency.
 ;D :D :D :D ;D :D :D ;D :D

Banks are buying ethere


LOL


Forget that bank employees lives are fully monitored

Every their expense must be approved

They have mainframes and all expensive heavy duty tech - they buy p2p shitcoin

OLOLO

I worked as a principal trader for a global investment bank. They were very very open to trying anything that could increase bonus's for management. They tried some very out there things at that time. That was pre 2008 and I gather things changed a bit but it is very possible

http://www.coindesk.com/toronto-stock-exchange-moves-toward-blockchain-with-ethereum-founder-hire/

http://www.coindesk.com/microsoft-ethereum-startup-blockchain/

http://www.newsbtc.com/2016/03/06/ethereum-knocks-on-wall-street/

Testing etereum and buying it is very different, my friend

Any proof that toronto, Microsoft, wall street buy ethereum???

Just put the troll on ignore. He's pretty obvious. One does simply not join a Bitcoin forum to trash talk about Bitcoin.

1. Okay.
2. No. You basically have 3 people that have left the original team. Almost everyone else on Classic is basically random.
3. Irrelevant.
4. False.
5. Fine.
6. Bitcoin can have those two.
Tl;dr: It has nothing besides centralized planning, an IPO and inflation.

---

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None.

1. I win
2. I win, you're wrong. There is more fighting going on with the bitcoin foundation then there is with isis.
3. not at all, espically since microsoft announced today that as of monday you wont be able to buy with them using btc anymore... dum dum dummmmmm.
4. How is that false, bitcoin is old and boring and gets talked about less and less each day, and eth is new, and freshhhhhhhhhhh....
5. I win.
6. But it does not! Again I win.

So instead of reasonable counter arguments you protect your investment with nonsense? ::) While it does have its advantages, it certainly ain't much better than your everyday (IPO/POS) shitcoin. Might be time to move this one to the trash section.

People are run by greed here as well. Initially it was to get away from the banks, but if one can earn money they'd become their ally in a second apparently.

---

---

Update: Yes, the ad hominem is lovely. It might be time to put you on ignore. Trash section == altcoin section.

Ahh here comes the butthurt staff crying... Its got a million things going for it that your beloved btc does not. You can start with the 6 or so points I pointed out earlier.
Bitcoin is falling apart, surely you remember more then anyone the phrase "this is just an experiment and can fail"
Why cant you realize that other coins out there will topple btc eventually and right now its looking like eth is going to be that coin.

Now, all that talk about the trashcan is because you're scared and worried. Its ok man.. Im sure you're not alone but the best way to deal with your fears is head on, not by locking threads or moving them to a trashcan.

I cannot see why Alt coins discussions like ETH is tolerated on a Bitcoin forum under non-Alt coin sections any way. They stopped the XT discussions when it was labelled as a Alt coin and now we are

allowing ETH pumpers to hijack every other thread and ETH shills doing their thing all over the show. I also have some ETH but I am not going to force it down onto others in the hope that it might

become something and to the detriment of Bitcoin? How is this allowed on a Bitcoin forum?

There seems to be stories circulating that going forward it could be better to use Etheriums blockchain at times.

http://themerkle.com/factom-plans-to-anchor-into-ethereum-blockchain/

hey bro... bitcoin is the altcoin now.
Live with it.

Ask the guy who started the thread.
For the record I am short Etherium today and have always been long BTC

Lets revisit these points at the end of the year, quoted for posterity.

That sh*t is not even available (with reasonable effort) as package in my linux distribution.

Why should I care?

Where is coinmap.org for Ether?

Pre-mined as hell 60/77 mio Eth, "hidden" as crowdfunding.

The thugs did sell, then bought back in when it crashed and cornered the market. now they can pump and move.

Yeah - bitcoin id ded. Totally. All hail eth. Please all sell your btc, so I get it cheap.


R.

I'm not sure what you think should be revisited. The fact that it has centralized planing, had a IPO and is POS can't really change (or won't). The real question is the place that it is going to have I guess.

It is just a matter of time until somebodies throws the IPO coins at the market.

Bitcoin is for the real gentlemen. :D

I guess because it started of as a thread related to Bitcoin. Just use the report button.

though i laugh at 'ETH.. and think its not gonna work long term..
especially when the main devs of ETH have moved on, and only acting as a paid spokesperson, rather than being dedicated to the code
i also laugh at lauda using the exact same reasons to protect his cult known as blockstream. to try denouncing ether.

doesnt he realise that thanks to the partnership of PwC, his fanboy masters of blockstream are also in the IBM labs(visa) and microsoft pockets of the same corporations. and if they are now swaying towards ether. then they via blockstream and the blockstream shills will do anything to make people stop transacting on bitcoins real ledger.

one day lauda will realise that he is being used as a puppet. because at first i thought he was a paid sock fully knowing the corporate plan. but now it seems he is just missing the hidden agenda and blindly following out of some social duty to friends, rather than logical duty to the protocol/community

still a long way to go for ethereum before it can even think tor eplace the strongest and the only currency avalable

I really do not trust this eth thing...
I hope it will not damage bitcoin in future.

Well sure, this forum's just chock full of visionary money rebels and intrepid finance revolutionaries.
That's why see boldface :)

Not really, they're the same team

Yes. it should be possible to implement ETH where BTC is currently being accepted. who's willing? It might convince users if one day I can see some signature campaign here paying ETH of some gambling sites like ETHcasino.com to any with eth on its domain exist. Itshould be a great leap for ETH if this happen. but until we use this forum, it may never happen. and look at its domain bitcointalk.org

It should not. They can co-exist.

They aren't?

There isn't a good reason to do so. You don't really have any good reasons to switch over from Bitcoin to ETH from a users perspective. If anything, you have reasons to stay here (e.g. POS).

I would like to add also this thing :  You can have both bitcoin & ethereum, what is the problem?


The first doesn't put down the second & viceversa. It's a stupid fight between bitcoiner and ethereum users, I think also that is better to have more 'coin' instead to have only one ;) because it's a sort of decentralization and free choice.

Pepsi is an ongoing coordinated attack on Coke. You heard it here first.

Ethereum is here to stay no doubt about it. I dont think it will become bigger than bitcoin.

But it;s always nice to have diversification, and have multiple innovations going on.

Are you a retard?

I think that the Eth pump has nothing to do against bitcoin. Ethereum already prooved to be a better option than bitcoin.
Ether solved a lot of problems that bitcoin couldn't solve so its price increase is a perfectly normal reaction.

Exactly, this is what I said.... and this thread will lose all its meaning if we start to think that both coins/projects are not enemies.

well then there is all the cards for a conflict of interest, also ethereum is pretty much controlled by one guy, with his huge premine, i don't like this

i know he his not stupid to dump, but.....int he remote case the ship sink you know what i mean...

Althogh I`m concerned about ETH big pumps, they could be only fake mania and could go back to lower prices.

And also, the technology is too complex so there can be many zero day bugs there that could be exploited later and could cause big damage.

I`d not put a lot of money in it just yet.

It's more about what's going on with bitcoin and less about some crappy alt.

Lol, wat?

So there already are sites that accept ETH, but you can't use ETH nowhere in comparison to BTC? Yeah, let's pretend that makes sense.


This.
Biggest problem with Bitcoin atm is too many people take its leading position (first mover advantage) for granted. Stalling the growth and crippling its usage could backfire badly and suddenly.

BS. There's genuine interest for Ethereum, and if Blockstream/Core is not removed, in few months Ethereum market cap will be bigger than Bitcoin. So obvious.

I just don't get how people still fall for the notion that you need a whole NEW FUCKING CURRENCY for EVERY FEATURE that shitcoins tend to add. This crap doesn't even have a fucking working GUI. a 1 billion cap and they can't even produce something trivial as a graphic overlay of their shitty 35 programs you need to run that network. I will be feasting on the sorrow of the bagholders when this dump intensifies, and more when it does so even more.

Crazy all these eth topics.   Don't agree here:  I think ether is a genuine push for something new and better but it can easily coexist with bitcoin, much like all the other coins do.  People will have their favorites but neither btc nor eth is going anywhere.

I disagree about the genuine push for better. This is a money grab. This was born from the greed following the mastercoin ipo. The nxt ipo. The bitshares ipo. The counterparty ipo and the supernet ipo.

People like fucking money. Like to speculate and gamble.

But above all people like shiny objects. Vitalik made etherium seem really shiny, plus daddy is rich.

What the fucks his dad got to do with anything? Honestly some people are seriously screwed with jealously.

Jealousy towards people buying a coin with zero intrinsic value and getting lucky. Similarly to Ripple, ETH is inherently valueless because there is no limit on the supply and a corporation owns it.

Greed is the reason people are buying into this and not just buying Bitcoin. They missed the first rally up on Bitcoin (even though there is plenty of growth left) and want to repeat that here. Only they'll end up having nothing and hating themselves while Bitcoin pulls away further. Don't be that chump and just hold Bitcoin.

>Jealousy towards people buying a coin with zero intrinsic value and getting lucky
And how! I mean, ETH is up like what, 1,400% :o over a couple of months?

>Greed is the reason people are buying into this
You mean people invest to make money? Not to lose money?
Hmm... Now that you put it that way, I guess BTC wasn't such a hot investment after all :(

You need new currencies for new features because it's pretty much impossible to add new features to bitcoin, which is frozen in aspic.

Yes in an ideal world all the smart features should be added to BTC, but we're not in that world. At some point so much innovation will have taken place that BTC will feel like a buggy compared to the combustion engine of some alts.

Well when it comes to money only 1 variable counts: SAFETY.

Ethereum currently is a bugged disaster, and because its so complex there can be many hidden exploits yet to be discovered.

BTC is by far the safest currency out there both by network size, and by code structure and testing.

This wont change in the next 5-6 years. I could hardly see anyone putting their retirement savings in DOGE or crap like that.

True. ETH is not halfway close to where bitcoin is. And they will probably be the first altcoin to challenge bitcoin but no way al those merchants will replace it with ETH.
My guess is they will not even consider ETH since ti is just an alt..

I dont think ETH poses any threat to bitcoin whatsoever, it's like apples and oranges, they are meant for different purposes.

Ethereum will never have the safety bitcoin has, because its not meant for that. ETH is meant for producing things not storing things.

So they have different roles in this game.

Eth looks very flawed, i just downloaded the wallet, and it looks very dissapointing.

I cant even use the wallet its so badly designed. I dont even know where the wallet file is located.

It's a real mess.

Yes- it's time to deliver now and revalue on hard facts ...

Yes very flawed indeed, yet worth a ton.

Can't wait until the next update.

Keep wishin' Bitcoin will keep up with the times.  ::)