Bitcoin Forum

edit:

Newer thread:

https://bitcointalk.org/index.php?topic=1469361.0

You feel threatened by Ethereum, you shouldn't be. It's as centralized as Bitcoin, both aren't going anywhere.

So, now there's a "they"?

There's one of the Eth shills right on time on their sock puppet accounts.  This one in particular only seems to try and pump Russian IPO scamcoins like Eth and IOTA, so this one is probably just Come from Beyond on his alt account.

Whenever Bitcoin pumps, it is heroic freedom loving Americans or organic demand, whenever it dumps, it is snidey Chinamen getting up to their underhand tricks.

It's more like when China causes the price to do anything whether go up or down it's a scam.  If the west is causing a price change it's usually an actual aggregate market (at least post-Karpeles).  Although this racketeering group called "whaleclub" supposedly tries to run stops by dumping on Bitstamp and nobody really knows the makeup of everyone's country of origin in that.

Haha, you're hilarious in your Bitcoin bagholder shilling :D

It is good to be BTC bagholder....right?

It is good to be a critical thinker, the rest will come.

Have you read the stuff you type?  You actually think proof of stake is a valid system.  It's completely impossible to be a decentralized currency while being a closed loop, recursive system.  The only thing you can create with proof of stake is permissioned ledgers with absolutely horrible fault/state recovery.  When Gmaxwell said he "proved Bitcoin could not exist with math" a long time ago and then Bitcoin was invented, it was because he didn't take open entropy systems into account.  He already knew systems like proof of stake could exist, but everyone already knew they had no value because they're not actually decentralized and technically just permissioned ledgers.

https://bitcointalk.org/index.php?topic=1465136.msg14803606#msg14803606

You're trying to use Anonymint as an authority figure to back your position about proof of stake LOL?  He has an extreme viewpoint and doesn't think any decentralized cryptocurrency system of value has been created, and isn't sure if it's possible, while I believe Bitcoin w/ PoW is the only one of any value created so far.  If you're attempting to use Anonymint as an authority figure, then you're basically saying proof of stake is completely worthless because that is his viewpoint on proof of stake.

Oh boy you sound so desperate that I am not even sure if you really try to pump up it or maybe your real plan is to expose the bitcoin church for its absurdity.

But in fact a correction like this is quite normal behaviour around strong resistance lines. The up trend is there, it is just a little bit slower than people think - so the leveraged people got anxious and dumped. No conspiracy or evil Manipulators.

Yea, no.  Everyone knows China is a net exporter of BTC so they have the biggest motive on earth to pump the price.  Yet, here we are, watching China not only trail the west in price day after day, but also trying to block the price rise at the same time.  Some people claimed it's because China doesn't want any more ASIC companies or miners entering the game, but I do not believe that to be the Occam's Razor solution.  The fact that when the Chinese want to short BTC, they spam the forum with bots with horrible English saying stuff like "BTC die now", and those same bots started saying things like "BTC scam die now, Eth is new BTC", gives the whole Occam's Razor solution away to me.

The gambling Chinamen took big positions in Ethereum and now Eth is on life support with no hope of upside potential, so they want to get rid of it before the BTC halving.  If you've watched the charts at all, Eth and BTC are basically inversely correlated.  Whoever holds Eth through the BTC halving will get murdered and the Chinamen want out of Eth ASAP.

There is not much Ethereum in China. The most big exchanges are in the Europe and the US. They might mine it a lot in the future.

Come from Beyond is too lazy for such shit. Anyway, he is glad you don't forget him.

There is a report in Coindesk that a Chinese guy built a 20G farm to mine 200 Ethereum a day. But it is less now as the difficulty rose.