Bitcoin Forum

That's right, folks. This is the difference between people like Charlie Lee, who left their job to focus on their creation and people like Buterin who "diversify" in boats and bitches. He just used other words such as "fiat", "real estate" etc.. What happened with "welcome to the beginning"? Many of you (at least I'd like to think so) are happy if they manage to sell 10 ETH (or BTC, or whatever) and buy back 11, while people like Vitalik are "diversifying" in something else. If you think that guys who are taking your money to fund their projects have the right not to believe in their creations, then you are free to call me a troll. The guy is already a millionaire in fiat and he's set for life, so he can easily afford an ETH/BTC/whatever failure, but no... he is "diversifying" in boats and bitches. What a hypocrite.............   

My respect to this guy just vanished.


https://i.imgur.com/Qfji3yB.png


Source: https://twitter.com/CryptoChrisG/status/877667235795419137

that is what I have been saying for years. developers who don't even invest in their own project by buying it or mining it like the rest of us on even grounds are not to be trusted. because they don't care about their own project enough to do anything about it.
why do you think I like bitcoin, one of the many reasons is that Satoshi mined bitcoin alongside of many others such as Hal Finney who was the first person to download the client.

and right now all these altcoins (ethereum included) are just creating more and more lazy people who call themselves "developers" who just get paid for doing nothing (in case of ether 70 million premined ICO coins) and just sit back and post crap on twitter and enjoy the free millions of dollars they've got. there is no need for them to improve or develop they are already millionaires!

and when this fails, they just start another one from scratch and earn another couple of million dollars.

The best way to invest is diversify. This applies even to crypto/non-crypto assets, so the guy is completely right.

Yeah, I've never liked him anyway, he's a shady weasel . But frankly I have some ethereum investments only for the sake of diversity.

You're right, but this wasn't my main point. When you have 10s of billions $ invested in something you created, then at least you can do is not telling people you don't trust the system. Future is uncertain and digital currencies may fail and evolve into something else, but people are buying these crap and you must stand 101% behind your project, no matter what happens. Investors can call this stupidity, I call it guts. You must have the balls to fight in order not to fail people who trusted you. But no... lets buy some moar boats and bitches, while we can, and fuck the future. Vitalik is a genius (no question about it), but these are the words of a 23-year boy. I'm counting the days, until he step down from Ethereum as I'm 99.9% sure this will happen.  


Good point, but you don't say this to people. Can you tell me in what he will diversify if it wasn't Bitcoin or Ethereum? His words are the words of a hypocrite who says: "I already made millions, so I can buy houses, instead holding Ethereum or Bitcoin.".

Yup this is a new pathetic low in Spartak_nts butt hurtness. Where was he when ETH exploded from $10 to $300? Crying into his mummy's arms no doubt.

Wow, that was impressive and revealing... :o

Yeah, that's for sure! But people pumped it because of the ICOs. They pumped the shit out of ETH for SONM ICO, dumping BCT, that happened exactly at that moment. BTC plummeted to 2300-ish, ETH inflated to 380-ish. Someone screw up the exchange rates, because obviously some projects over eth platform, like sonm* and others, are better than the platform itself, so people migrated.

* i hold sonm, im just saying before accusations fly, i simply like the project...

Not really. If Vitalik had said anything else they would post a jealous thread saying 'Look he buys BTC because he doesn't trust his creation'. Blah blah blah. This thread and anything the Spartak_nt posts is pure unadulterated butt hurt at losing out a 5000x return and a mortgage free life.

Top fact: Spartak_nt still lives out his moms basement. He admitted as much last year.

I actually own 2 apartments and am working at AT&T. Care to share what do you do for a living (though yours can't be called life)?

Uhh NOOB ..nope that is bullshit.
I have addressed that cliche here endlessly.

@Spartak
Nice find and i agree with you.
He's pretty stupid to admit that publicly.
And how much he has gotten from all this ETH ICO scam shit sickens me.

Funny i ran a poll here and users voted 70% they did not believe in the premise of ETH.
Now we see even the fucking founder doesn't..

I think a lot of idiot noobs just got a wake up call.

If i thought ETH was the Bitcoin Killer why would i diversify in the thing that is going to be defeated by the CURRENCY i own and control etc ? LOL

What a fucking greedy little idiot.  :D

By the way..
That is him making excuses for MORE dumping.

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TopFact: Minecache sells Reverse-Mortgages to old people for a living.

This proves fact once more, that majority is here only for the money. This is nothing new for me, i was aware when he cashed out more than 30k of ETH and all this under 5$. Amazing and people still belive in ETH more than Vitalik. I find this kind of talks about ETH can be very iritating for some members here. Why every discussion here must go off road..?

But, diversification dilutes the risks, of being poor... and being rich  ::)

I don't think of ETH as much as I do Bitcoin but as Vitalik says, he is consistent in his lack of 100% confidence. What's wrong with being open about it? We all love Satoshi but he/she/they just disappeared, and many have abandoned Bitcoin over the years. Should that affect how we see BTC?

What ever you are telling is true but bitcoin technology is open and anyone can use it, but ETH is controlled by the developer and even he is holding junk of coins with him if any day like what he has said of diversifying it needs fiat currency then will just sell in the market and vanish and who ever is holding will be just holding for long time without value until anyone takes up and work on it.

I see nothing wrong here! That's like to work and expect to receive a salary. But there's a "tiny" difference. You see, most people here refuse to believe that they may become rich, without screwing around with others. We are "veterans in something, which became a revolution" (and I strongly believe it will continue to do so). It's currently a bubble, because it will eventually reach a bottom/top and digital currencies will be much more stable, but until then everyone can make a lot of money. But no, they prefer to play with the coin of the day, until everything eventually crashes.


Do you know what's funny here? https://twitter.com/FAILCommunity/status/866252675607822336

Mindlesscache and his alt mining1 keep asking me how much I "lost" by not buying ETH and I decided to ask Vitalik how much he "lost". They/he never answered, because that's their "tactic" - to worship ETH no matter what (even that they/he were proved stupid beyond imagine). :)

No way to make it right for some people.
Would Vitalik say: I deeply believe into cryptos and ETH, the same people here would be upset and puke the same shit in here.

You may believe in god.
But noone can believe for 100% into cryptos.
Too much things can happen the next 5, 10, 30 years. Who cuts this out might be everything, but not serious.

True words from Vitalik, but the shitheads here can't understand that.
Leaves me not surprised...

That is exactly what it does.. it neutralizes the pros AND cons.
And what are you going to diversify into with crypto ?
Some other bullshit scammy corrupt pointless ICO coin ?

Compare to..https://www.neowin.net/news/microsoft-could-see-a-massive-increase-in-stock-price-to-102-according-to-analyst

This shit is fucking gay .

Butters did not get rich diversifying dumb fucking retards LOL

LOL, why You have entered to "Alternate cryptocurrencies"?

For Vitalik this job is only a project.
Who like his product "electronic money" - bought it, who like not - GTFO.

I was a shithead,
a) when I warned people about The DAO about a week before the attack.
b) when I said Razormind is a scam, which (eventually) raised 6139 BTC.
c) when the IRS contacted me regarding other scams.
d) because I'm part of the fucking FAILCommunity and FAILCoin.
e) because I refused to be a part of number of projects, which could have turned me into a multimillionaire.
f) because I'm not changing my stance, unlike ETH shills in here.

Yes, I am a shithead, who just likes to express his opinion and a shithead with a passion for digital currencies.

How much cryptocoin did you get in your silk-road-human-traffic-live-porn so far?

Well, he said he would go to fiat if he wanted to diversify, he didn't say he really wants to do that. And I thought it's a fact he has 10% of his money in bitcoin anyway. As for him saying that he is uncertain in crypto-currency sector, perhaps he meant natural uncertainty in everything new and virtual we have in this world, not that he doesn't believe in eth or btc. Let's just not forget that he's Russian and Russia is a very traditionalist state. He is inclined not to trust innovations because that what he was told while growing, that is how he was educated. For people from Western countries it's just hard to understand it, because traditional values are opposite to Western innovative ones.

And I am Bulgarian and I can also speak Russian. But this doesn't stop me to call his tweets a pure bullshit! Sometimes you have to think twice, before saying something, especially if you are a leader of something huge!

He is born in Kolomna, but from 2000 he was living in Canada, Swiss, Singapore.

LOL, that was a direct agreement with you... hmm, what am I going to do? Well, can broke people do much?

Maybe I'll throw another 300 grand around... :D

Seriously, howdefuq can I know? If any investment is nothing but an educated roulette bet?

I'd like to buy more SONM tokens (more eggs in the same basket), that project I like, it is not a puff of smoke and it benefits from smart contracts for real, and "blockchain" to eschew fraud from proof-of-computation... but, lets just assume smart contracts will be something reliable for that conclusion to follow, so far eth is a smart contraption.

All payouts are in US $.


You are addicted to Russian products.

Vitalik don't believe in his creation and crypto because he knew his creation is just a piece of shzit why it worth so much make him to believe this whole crypto is fake.

Vitalik knows how to buy at lower prices

Ok, eth lovers, now you will know exactly what is happening when ETH tanks - Vitalik is "diversifying" :D .

What a moron, I can't believe.

Everyone knows that investing in cryptos involves risks, why should Vitalik hide that. And he is not confident in fiat either (https://twitter.com/HOHOHOHOHOOHOOO/status/877741095353892864).

Yes it it is true he don't trust this ecosystem fully as normal but you trust fully because you don't know anything

My God... one can see why so many shitcoins are overpriced. People said it long time ago: Two things are certain - death and taxes. We do not need such discussions. Would you put your money in a bank, which tells to people it is possible to be robbed? Or to buy a house in a place, where it is possible to have a 8.0 or greater earthquake? True leaders knows about possible failures, but they do not speak about them! Discussing possible flaws in a system is one thing, telling to people "it might fail" is another.

Can you guys grasp my point now?

Thank you for your well educated and experienced  statement.

Take a look at the mirror, Dude !

:P

Vitalik's twitter is a complete joke. you can actually read it and have a good laugh. specially the old ones.
i remember a couple of weeks ago someone posted an old tweet from him that was attacking bitcoin and calling its $0.5-1 fee of that time "absurd" and it took only 2 months for ether fees to reach that amount ;)

and don't even compare him with Charlie Lee, LTC is a legit crypto currency. it may not be the best at many things but it is pretty damn good and they are working very hard to improve it. meanwhile Vitalik is looking for ways of spending his free money.

Having doubts in your project along the way is natural every entrepreneur has that. But saying it in public is PR suicide...
What an idiot he should at least have trust in the future of blockchain and cryptocurrency.
As for diversify into real estate and stock I agree, I would do the same if I had his money stack.

Holy shit... I can't believe my eyes! Some people can actually think!

Yeah, that is true, I do not like to put all the eggs in one basket, so I think it does not mean that Vitalik is not trust his creation, he just tell us we should keep move forward.  

A guy with round head and big ears speaking about stuff he don't even believe .. wtf ..

Unless you are asserting VBUT is Satoshi, then your assertion that he doesn't trust His creation needs more proof than the tweet you provided. IE. not trusting the cc world 100% is pretty on point given the world we live in and diversifying--given the percentage of CC he owns of his own product--would take on the forms he listed--this is low, even for you Spartak (out of context pitchfork rattlin' at its finest/saddest).

I think ETH is stupid given that it doesn't act in the decentralized fashion it is advertised as--so ETH lovers can hate me too :)

omg! he said that?!?! he doesn't believe in his own project! respect for the guy and faith in eth has now vanished completely!

Nothing is low enough, when trying to point (for the 100th time) that Ethereum is a pure bullshit, which is controlled by one of the biggest whales on the market. Low was to raise more than $170 Million and to bail out after a month. Bad thing is that if Ethereum FAIL, then nothing good can be expected. Even Bitcoin suffered bad from the DAO failure and I don't want to think what may happen with altcoins, which are far weaker.  

Here's the thing--I do not disagree with a thing you just said.

BUT, the quotation you provided doesn't say what you assert in your thread title or the subsequent argumentation--being honest is hard work even for the "good guys".

Back in school students were trained to use logic to ascertain the context and therefor the meaning of what was said.


The first part of the context is pre-phrased by the question 'will you cash out' meaning unloading one singular current position into another, ' into bitcoin' meaning bitcoin. The second part of the context is to whom the question was made to. In this case Mr. Ethereum himself.


The unbiased mind will read the question and understand from the answer that he was asked if he would diversify from ethereum to bitcoin, to which he replied he was only interested in diversifying from his current position (Ethereum) into other sure things - not bitcoin - such as the examples he gave.


The answer was a pun to bitcoin. It is implicit that he is already invested in Ethereum therefor an intelligent reader would not expect him to say "ethereum".



You people were or are students and I believe you have the basic capacity to analyze intelligently. That being said, judgement can be clouded or misdirected by personal beliefs or personal exposure to one or more sides.




 

of course he don't believe he dumped his 1 million ethereum too soon when the value was 0.03, and look now, 0.13, how can you trust a dev like that, i know i would not, i never trusted ETH as a project, the big ico the shady dev the time bomb on the diff the possible pos, all look fucked up

He said that he "never had 100% confidence in cryptocurrency as a sector". What more do you want? :) Ethereum is in this sector and he just said he raised millions for something, which he doesn't fully believe. Maybe when he sold 25% of his ETH at $5-$7 should have been enough as a signal, though I don't blame him at all... even if he sells ALL of his ETH. He created something revolutionary and deserves every penny he gets. But as I said - my respect to him just vanished.


So you are basically saying that I'm not analyzing intelligently? Maybe I should go back to school. or maybe some "leaders" should learn that there are certain things that you simply don't say.

HE OPENLY ADMITS THAT BITCOIN IS DOGSHIT COMPARED WITH ETHEREUM. Bitcoin people Is scared about the fact that ETHEREUM IS ABOUT TO KICK THEIR ASS

See Spartak, this is what the tweet implies, or according to your title, that VBUT created Bitcoin--be dumb or misleading on your own time.

But note that he said "cryptocurrency" afterwards. He would then be referring to everything crypto -- including his eth.

Dont put all your ego coins into what people think of you in some internet forum. Diversify into things you believe are worth it outside of a hidden discussion forum, just like you should never bet all your worth into one sector known to be volatile (not just the tech, but in peoples minds, such as evidenced in this topic).

And he would be right. Wouldn't you agree? 

That's a normal response from a ETH "believer". Calling Bitcoin dogshit is enough, no? ;)


We're not talking about my ego. I did not raised millions of $, nor I'm leading a multibillion project. I'm just a guy in some internet forum.

After I said Eth was stupid, you're asserting that I'm an ETH believer?

What I'm asserting (dumbass) is that your quotation of the VBUT salesman, in all his rational (though not to his own product) glory, is that you misread his statement, committed some logical fallacies, and that you are linguistically challenged--feel free to spin that :)

Did you said that Bitcoin is dogshit, DUMBASS? And I don't have to spin anything, because I owe nothing to anyone here. Vitalik on the other hand is obliged to build confidence to the masses who made him rich and able to "diversify in real estates".

Did I "said" that you were logically challenged and that what you asserted based on VBUT's tweet didn't make any fucking sense at all? YES.


ETH's decentralization and your logic skills are on par.

Yes I did F    A     G   G   O   T. This forum is full of BTC gays posting against Ethereum  trying to stop people from switching from Bitcoin to ethereum or drive the eth price down.

I'm also gay in real life. Would you like to come and give me a hug? I really need one!

EDIT: And yeah... price of ETH since I posted this thread went down from $339 to.... $339. I bought back and now I have enough money to buy an Airbus A380. Are you sure that you are not Mindlesscache, or his friend mining1, bitch?

NO. You don't need a hug, but a swift kick in the ass for posting logically challenged arguments based on misread tweets--I have no problem with you criticizing ETH, but at least get up, get the argument right, and stop wasting everyone's time.

This answer is only to point out I saw your reply. If you think I'm misleading people and wasting their time - /thread. If you want to give me a kick in the ass - be my guest, forum Rambo. This is my last answer to you.

Maybe he does not see and think about it first, and throw the ETH too soon, I think it's all because of carelessness he himself did not see the ETH price development will be like. So all this should not be regretted because this all happens unconsciously to do everything.

Maybe he does not see and think about it first, and throw the ETH too soon, I think it's all because of carelessness he himself did not see the ETH price development will be like. So all this should not be regretted because this all happens unconsciously to do everything.

Run away from your f'd up logic as best you can--I'll be waiting :)

Word. And you are correct Spartak_nt works as a toilet trader.

My respect to this guy didn't vanish cause I never even trust his project even if I bought lots of his coins in past, I basically sold in matter of days.
As everyone knows, he is right. Not really about fiat but completely right about real estates.
Real estates never lose value in increasing populations. And it never changes hands except war (which is very unlikely)

because he know his piece of shzit would broke down and useless

That's probably the reason why they dumped the BTCs right after the ETH crowdsale, when Bitcoin was very cheap.

Really?  From what I remember they waited a bit to do that, and lost a shitload when bitcoin tanked down to $150, maybe it's that fake new or something...

Well to put it in this light the it does look as if they were trying to get their own creation to leverage on bitcoin then now have it tank so to cash in some more.
Massive market manipulation or what?
On an epochal scale. 8)

The guy has seen an opportunity and he has taken it. He sold 25% of his stash in Ethereum, he's just like any other person out there looking to make money.

However, I hear your concerns. I think that in the back of some of these people's minds this is a short term venture and their heart may not be fully in it. Make as much money as you can in as short a period of time and get out of there is probably the mentality of the majority in cryto.

I personally think blockchain will be revolutionary and I am in this for the long run!

Vitalik is just saying he has not had "100%" certainty in Crypto which is natural because it's an experimental technology. It is maturing very well with time though and everything seems to be on track. Vitalik is trying to get rid of the weak hands before Metropolis lol jk jk. Easy to hold ETH, if ETH collapses nearly all Crypto will, hold on to the big dog. Crypto is not crashing anytime soon though the Wall Street dudes are just starting to get interested.  ;)

You're right in this one... This is a more precise description of the facts. Anyway, it was a show of little confidence in Bitcoin.

Would you all feel better if Vialik said that Ethereum will be a huge success and there is nothing to be afraid of in the future?
At least he is honest with us, because there is no way to see how way ahead of us will look like.
Diversification of investment is first and the most important rule, stop blaming him for giving you good advice.

Exactly. He's not stupid enough to go baws deep 100% crypto is all he means. And I doubt the ETH and Vitalik hating trolls would either in their coinage of choice. Smart guy. He has wise old head on young shoulder blades. As we say in Vietnam.

great thread by op

Nobody is 100% sure about crypto, yet the way Vitalik express his opinions is not consistent with the philosophy of blockchain technologies. Dude, we're talking about the creator of the second best coin, ethereum.

You're just putting words in his mouth.  He was just trying to make a point in Twitter that if he were to diversify he'd go for traditional investments.  It doesn't necessarily mean he's doing it right now.

I get the hate against Buterin but there's no need to twist what somebody is trying to say just because you're excited to bring him down.

lol, give me a break the guy's worth several hundred million and he's saying if he were to diversify he'd use a broad selection of investments like any non-insane person would but you're giving him a hard time about that?  He clearly hasn't dumped all his ethereum anyways so I don't know what you're rambling about.  If he didn't cash out at least $10 mill to set himself up for life he'd be a moron. 

I agree with the OP. I think it's a symptom of millennial thinking if anything (yes I know not every milenial thanks like this) but I often see the younger generation in crypto openly admit to not believing in crypto in the same breath as shilling some shitcoin or think they can one second admit to scamming and then the next expect to be taken seriously once they quickly give a shallow faux apology. I see it everyday on the slack channels. The ETH developer is simply a perfect example of where his generation is morally and ideologically...bankrupt.


But I take issue with the OP. That even if 99.9% of coins are scams then that doesn't mean we are in a bubble which I have heard him express. What it means is like the gold rush or the black gold oil rush or the scams and millions lost and made on the birth of the railroads or even the early internet pioneers Crypto is here to stay and really is a game changer in the global system. The truth is we are in early growing pains, the Wild West of a decentralized world. If you don't understand that then you are as deluded as many of the ICO fools thinking these projects will be around in years to come. News flash...they won't.

This is the same in my points of view when it comes to BTC and altcoin which its developer or creators doesnt have any interest even on buying on their own project unlike on Satoshi which we can say that hes really serious on Btc thats why people do loving it i dont know if others do have this same point of view. When a certain coin ends up they can easily start all over again since they do have the money to spend on and  fools that make them more money. This cycle will continue all over again, just like that.

Does Vitalik not believe in his own project? I think there will be ruin in cryptocommunity when eth dies. Why, there are numbers of eth token projects that got investment millions dollars. They are based on blockchain etherium. What will happen with those token. Those token will die too. That will be mean almost a half cryptocommunity from eth community will be destroyed if the etherium ends or dies. What a bad story I think.

This scammer crook Vitalik fail in every aspects, why these millionaire and billionaire still licking his ass is beyond a decent person state of mind. Perhaps their money come too easy just like this crook scammer vatalik to know what is real anymore.

As far as I remember (though I'm not 100% sure), Vitalik was demanding to be paid in Bitcoin only. Some 3.5 - 4 years ago he created Ethereum and again wanted to be paid with BTC. After a while he sold 25% of his tokens in order to diversify (I never said it was a bad decision, it was his right to do so), and now he's openly admitting that he never fully trusted digital currencies. You don't need to be Einstein to think that the future of digital currencies is uncertain, right? Have you seen some car manufacturer to say that "you may die in one of our cars"? No. They will only tell you to drive safely (pretty much like the advise most of the people are giving here - don't invest more than you can afford to lose).

People said it long time ago: Don't bite the hand that feeds you. Because if it weren't digital currencies, then Vitalik would be probably only a high paid employee in some good company and not in Fortune's 40 under 40 list.

If you don't see the hypocrisy in his statement, then I don't know what else to say.     

agreed. how can anyone trust a guy who does not believe in his own creation? smh...

No, there is no hypocrisy.
If someone see the chart on exchange market and not will to buy some position, is about that such item is not to buy.
And if someone have the perfect idea about fair price of BTC and will buy not it, there is Your problem to understand it.

He is not wrong in saying that crypto as a whole does not have a 100% chance to succeed. If Bitcoin fails, then most of crypto will crash with it at this point. He is just saying that diversifying would not mean pouring in crypto. This is smart logic, not shady.

I am wondering, all this ETH shills are payed by someone or they really have problems with basic cognitive tasks?

he is not wrong, it is a good idea to diversify and we are all doing it.
but as the head developer of a supposedly big project which you claim to be revolutionary and want to convince people it is good, you should be careful about what comes out of your mouth. for example in this case he is clearly saying i don't even have faith in my own creation.

Ya and now im having doubts. Eth is now successful with its own blockchain but i guess he could see beyond his creations. I mean dont we all agre that btc is the center of it all but with the creator of eth just saying that then i think there is a lot more to it. Maybe he already foresee flaws and mistakes either in btc or in eth. Because as one of the bigmen of crypto his words then could become laws and i think that is bad for low investors like us?. Im really doubts of my own.

The Ethereum blockchain is growing at 1 gb per day

If you need to hear anything else, please educate yourself

Just try to take an investment 101 course. Ask what an investment pro's advice on how an successful Entrepreneur should handle his newly created wealth. Look at the world using different perspectives. Cryto is not the only thing.

He's not wrong really, if you can diversify it makes sense so you don't have all your eggs in one basket.  I would be surprised if he doesn't have bitcoin but I am surprised that he has as little confidence in crypto as he does.

I do not remember a time when the price of bitcoin went down to $150 after crossing those valuation,in which exchange you saw these rates,i am pretty sure it was above $200 as i was waiting for the market to move below $200 and never saw that happened.What ever Vitalik thinks he just made a ton of money with his creation. :)

You're a grade A moron who spreads nothing but lies and FUD who always provides zero evidence or links to your outrageous claims of others. No wonder you still live at your mothers. You're a bit Norman Bates, ain't you?

OMG, het is being sarcastic ..... totally out of context..

@Dollface competes with chris derose and tone vays for the biggest ethereum hater crown. Not having 100% confidence is only natural for any sane person, especially when you work in a (still) niche field that's still in development. How about this tweet dollface, do you agree with it ?

https://twitter.com/VitalikButerin/status/870711337592078336

Or better, do you have 100% confidence that your wannabe crypto project will be succesful ? Of wait, it already failed to launch. But you kept goin, why ?

Do you have 100% confidence that your girlfriend won't cheat on you ? Do you have 100% confidence that your bank doesn't go bankrupt and lose your savings ? Do you have 100% confidence in your neighbours ? And it can go on forever. Point is, you can't.

Here's what I got for you: https://twitter.com/bulgar1an/status/878221795588947968

The cryptocurrency world, in this moment, is a mass of overpriced currencies and technologies with limited or no utility.

How's Vitalik any wrong?

There isn't a single coin producing real use, or being widely adopted (I can count on my hands the number of online shops accepting something like Bitcoin that's 8 years old and has proven very stable).

We all know that, 99% of the ICOs, Coins, Tokens we are buying/mining are worth absolutely nothing.

A big crash will come and few remaining ledger blockchain technologies may become the next thing.

But we're still very far from that. Yet, crypto's (virtual, try to dump all of your coins..) price is much much higher than the utility/use it provides.

Yes Spartak keep buying China shitcoins with no real usage. LTC is just copyclone of Bitcoin. There are no own work of Charlie Lee. Alll doing Bitcoin Core and he just copy that while Bitcoin is opensource. Thats why he was even able to do other work like Coinbase engeenereing before.

And thats why there is only 3 developers ATM in LTC team  ;D


Also thats why he is asking to promote and advertise LTC to merchants on his reddit


Hey WTF Charlie its your job to promote and advertise..Why you ask other people to do your job?

Starting from Bitcoin Core developers to make some code for LTC and finishing to invetors to LTC when you start to ask them for advertising LTC to merchants.

JUST DO YOUR JOB CHARLIE. HIRE MOR PEOPLE.ENOUGH PARASITISING ON OTHERS

I invested my money and you need to work for that. Not I need to advertise your product, because you got my money allready fat,lazy bustard.



Look Vitalik hyping ETH as crazy he is traveling from conferention to converention almost daily,weekly. He allready got ETH Alliance, meet presidents and CEO of corporation..


Where is Charlie Lee? Right!! asking people on Reddit to promote LTC to merchants and drawing stupid mems like Chikun.....Stop parasites! Stop LTC!

at least LTC and BTC have never failed to this day, and even if bitcoin fees are high it is still functioning under all kinds of attacks from all sides.

come back after a while when we have forgotten about how ethereum easily failed 2 days ago. ;)

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p.s. it is funny how you ethereum advertisers, like mining1 for example have never helped anyone asking anything about ethereum or needing help in this board!. you always answer to anything price related!
as someone who pretends to support an altcoin and know a lot about it, at least have the decency to help those who have some trouble. you can find at least 3 topics in this board currently needing help.
unless you are only paid if you advertise ethereum...

LTC owners just dreaming about so many transactionand about real usage, about own talanted and succesful team as ETH have.

LTC is nothing compare to ETH its a chikun. Another funny shitcoin as Dogecoin and others.

LTC is not BTC is a chinesse copycode.



BTC have a big scalability problem ATM as everyone now and sometimes its fail very hard with unconfirmed transactions.

You confused this with Ethereum because this is what happen to etholium right now with all exchanges already turn it off, this never happen to bitcoin. I think you being ignorant or just dumb

The last chance to buy ETH before Corporations will up the price to 1000$

or you are NUB to buy something on good news.

Always BUY on BAD NEWS.

last chance to get out before it goes to $1

eth is garbage and so is everything built on top of it

ponzi, pyramid, shit house of cards, take your pick. people only seeing $$$. old saying, a fool and his money are soon parted  :'(

Developers such as Vitalik should all perish from the world of bitcoin and the rest of all alternate cryptocurrencies.

These developers are only working for the sake of money, much money. They don't put their heart into their works. They are not sincere either. They are just like playing and then helplessly watch their creations crumble down to ashes... with an ear-to-ear smile. They simply turn around pocketing huge money and just whistle away the serious problem they left behind.

Such is a dishonor!

Prepare for a retort you can not prepare for.

First off lets frame the context here nicely shall we.
Spartak has cred here.. YOU ....DO NOT.

You are a noob and should show some respect.

You also know fuck all about Litecoin just like the other noob idiots running their mouth.
Further more i have seen next to nothing off Litecoin commentary from Spartak.
So your assertions.. "He's just an LTC.." anything is simply retarded gibberish.

Lets keep it real here Investards.
With out LTC there would be no Doge coin or even Ethereum.
And that is another thing.. at least Doge the shitcoin clone is a fucking CURRENCY !
Ethereum is not.

ETH is a crooked, rigged, manipulated, pointless, ICO  / premined, "fuel token" app's gimmick, "smart contract", pyramid scheme.

Know why Doge is a clone of LTC ?
SCRYPT ? heard of it ?
WHY did they add that ?
Go check that and then come back and wiggle your little dick holster.

...

Spartak is this.. and Spartak is that.. on & on..

And you ?

You are little NOBODIES.
Mush mouth foreigners with noob accounts shooting your mouth of like idiots.

For example:
If you compared the total adoption of LTC vs ETH.. Litecoin wins hands down.
It was LTC that got me into crypto in the first place via a web site that used it as INTENDED.
As a C U R R E N C Y.

What got you mouthy morons here ?
The need to purchase fuel tokens ?
Because you were wondering where that awesome DAPP came from ?

nooooooooooooope

All you shitheads did was pile in here supporting a pointless gimmick shitcoin ICO for ROI's.
What are you gonna do with it ?
Buy ICO coins inside ICO coins ? Shitcoin inception ?

And ETH is so great ?
That dipshit can't keep it secure or forked for long.
He's so good he fucked up syntax recently and uhh... the DAO ?
Gimme a break about Butters being so shit hot.  ::)

Hell it's been running so shitty that exchanges shut it down !

http://i68.tinypic.com/xmpyf8.jpg

This is just a statement, he might have not expected such a growth. Just because of that he could have said that. In my view the will be the scenario with other head authority of different altcoins. Everything happens because of the users who have been whole heartedly use it.

Did he really say he distrusted cryptocurrencies tho, or was he saying something just to prove a point? 

Btw, he's right to distrust most cryptocurrencies, isn't that the foundation the 'Fail Community' was built on?

Like a "statement" where he admitted to dumping a quarter of his "holdings" for a million dollars ?

And why ?

..he never did say.

Care ?
Interested in how he had at that time an admitted 4 million dollars worth of coins ?
It's not like he was rich before Ethereum or.. had a good reputation either.
I was told he ran around pretending to be me on a stock market trading site back in 2014.  :D

Funny eh ?
You have to wonder how a guy magically starts an ICO then dumps millions onto the public and how you all just white wash it with poor excuses.

So tell me NOOB accounts when the fuck do you call a coin a scam ?
What the fuck does it take ?

I know the answer.
When YOU lose money.
When the price tanks and you go broke you will be screaming bloody murder.
But as long as you keep sipping off of Butters dick getting a little you are fine with anything.

Look around.. who amongst you have made any effort to hold that little Russian asshole accountable ?

All i need is this..

He has never come here and explained himself once about anything.
He thinks he is above coming here to explain his actions.
In other words he is not accountable.

If your ICO gimmick coin scheme for profits is not accountable then it is in fact a fucking scam morons.

..at least the iDICE guy got the idea LOL

You noobs are begging for it..

---

http://i67.tinypic.com/rj13ep.jpg

I already said that it doesn't matter if he trust them or not and I gave a few good examples. Someone said it's a "PR suicide" and he nailed it. I also said it is a hypocrite thing to say just because digital currencies are the main source of his wealth. I'll add that he is also one of the faces of digital currencies and people are putting billions of $ in them. He could just have remained silent.

Anyway... I already gave a number of examples about why his sounds bad. 

You're not entirely right about FAILCoin. It started because of scams, but (since long time ago) we are trying to built something else. To put it simple - FAILCoin should be FAILCommunity's "fuel". :)

Cheers

I believe Ethereum will collapse:

What makes a currency stable?  It's wide distribution to avoid huge fluctuations from wiping out the market.

ETH is doing just the opposite.  The ICOs are generating $100M given to them in ETH.  Everyone buys and dumps into one person's hand.  Then on to the next and repeat.

Don't you think one of these scam ICOs will just want a quick bailout and dump it all?  Let's say every single ICO doesn't do that, and all projects out there are legit.  They raised the ICO money to develop a project.  They need to fund these said projects.  Now how do they do that?  By dumping millions in ETH of course.  And the instability just multiplies with each ICO.

Sidenote: When you have a currency that chokes on 10,000 transactions in an hour, and shuts down the network at 20,000, how do you expect to handle the world's transactions?

There more FUD about ETH now the more joy when it hit 1000$ and you still have it in your pocket.


Do not trust Spartak and Spoetnik they are fully loaded with China miners fully controlable and centralised no real usage copycoded LTC.

Trust me, brother Winklwoss, Roger Ver, Bill Gates and 120 corporations wich is full in ETH.

https://entethalliance.org/members/ (https://entethalliance.org/members/)


Corporation analitycs are not stupid to allow companies to invest in ETH instead of other coins at the market.

Why all they choose ETH?


But offcourse if you like Spoetnik and his posts you can join his party and buy LTC

Scalability issue is solved with EIP 648. Yesterday..

https://github.com/ethereum/EIPs/issues/648


It is just another good example how fast and talanted dev team in ETH.


There is still debate war by how to resolve Scalability problem in Bitcoin...

I'll believe it if it survives through Tezos.  Who's prepared for the FUD on BTC on the 1st, and ETH network crash due to Tezos in the same day?

With EIP 648 ICO issues resolved.

It is now able to launch up to 8 ICO in same day.

The problem with freezing was because there was simultaneously started 2 ICO Bancor and Status in the same day.


btw Bancor is created by Euro architect. It is very promising.

How can we confirm unless we see another hyped ICO participation? In theory, everything is perfect, even for bitcoin. But in reality, they collapse in seconds and this is weird (for ethereum).

I have 0 LTC, but once I had about 18k. I like Litecoin, because it had a fair start... unlike Ethereum, which practically invented this ICO galore.

Backlogs allready cleared. Network is fine now.

We need at least >2 ICO in the same day to prove EIP 648 update is working fine.

Why is weird for Ethereum and fine for Bitcoin? Bitcoin freeze with unconfirmed transactions more offten and longer.

Oh please spartak_t you are the first who celebrate Segwit on ltc and the first who post about new ATH on ltc..

I personaly have some LTC wich I bought for gambling, but I do not like it because creator of it do nothing just chilling and copy-pasting from Bitcoin Core and others talanted team like Segwit or MIT.

It is unlikely that ltc will go mainstream..

It is very likely to see ETH at 1000$

That's what I'm saying. You can't say that scability issue was solved yesterday because there is no damn crowded ICO at the moment. Okay? Once we see very crowded ICOs like bancor or status, we can discuss this. Bitcoin was proved that its network is no more useful and nobody is able to fix the problem. That's why it's normal for bitcoin, but not for ethereum.

So you guys lost interest in the topic huh ?
Shilling for the Ethereum much ?

Just want to add i agree totally with what Spartak said earlier.
I too have no LTC either..

But at least it was launched fairly and Ethereum was not.
LTC is a currency and ETH is scam platform.
ICO = Scam.
So all it's good for is pushing more ICO scams and it can barely do that.
Lets see it fail yet again when it gets a fraction of BTC's traffic  :D

Care to explain to me why the general public is going to adopt ETH ?
Is my grandma gonna come rushing here to buy ICO scam coins for ROI's ?

Ethereum.. the undefendable heap of scammy bullshit AHAHHAHAH
yet you all try in vain relentlessly.. because of your precious ROI's.  ::)

NOOBS i couldn't care less about your scam coin profits.
I came here to support a digital currency that has a chance at major adoption.

This is not surprising. Vitalik think crypto currencies are not %100 trusted at this moment. Satoshi thought the same. He said in 20 years either very high transaction volume or none. I don't blame Vitalik for that response. He created something and he's still developing it. But there's a real world outside, besides crypto currencies.

Vitalik said it right, you can't trust 100% on Eth. I think he is quite good at admitting it openly, so no one can blame him later if things goes other way.

People always said Bitcoin was MySpace and Ethereum is Facebook. I think history will show that Ethereum was MySpace and Bitcoin was TCP/IP.

you know that bitcoin developers too regularly emphasise that it's all an experiment and you shouldn't put all your money in?

whatever anyone's feelings are about ethereum, and mine ain't positive, he's taking a sensible attitude.

People give so much credit for this scammer freak, he act like Bitcoin is nothing and he's the pioneer of this crypto. He always want to fud with bitcoin.

I honestly agree with this and much of what the other critical posters are saying above, but I think most of you are missing one big thing here...

Vitalik is still basically still just a kid! ::)

He was like 19 or 20 when he started working full time on Ethereum, and look where it's at now, with a marketcap of like $30 Billion!

Can you just imagine if your own little pet project that you were working on when you were 19 exploded and within a couple of years was valued at 30 billion bucks, and suddenly you were a multi-millionaire.

How well would you handle it, and do you think your PR would always be spot on? :P

Whether you like Ethereum or not, for most people there is no arguing that Vitalik is a smart kid. Time will tell if him and the other developers are smart enough to make Ethereum overcome their scaling problems, but I both hope and think they will.

@Warren
You are missing the point.

Butters is a kid.

Go to a High school and ask them in the halls if they would launch a coin for millions of dollars in real money..

Then watch how they act.
Kids are stupid, selfish, greedy and will steal.

His age is not a defense.
It's just one more reason why little kids shouldn't be launching worldwide internet currencies.
.. Or related gimmick schemes for profit.

At the end of the day he is a kid who printed himself free money..
With a rigged scammed ICO scheme.

The reality is the scheme itself is gay on every level imaginable.
He had no right rigging it, launching it and then manipulating it...
While playing Federal Reserve.

You are against Ripple, against ethereum, I only see negative posts by you on the forum...
What's your issue? If people buyin to his ICO, then they do...

That's how Spoetnik gets paid in his life.
You have a special name for it, "paid shill".

well i guess its very simple..... the market went up way to fast and way to much and thus it will pop and everybody that became millionair in the last 2 months or suddenly has a couple 100k is now coming to a point where they are getting uncomfortable, they wanna convert the money to fiat or gold and actually do something with it.... there is nothing wrong believing in a project but there is also a real world out there and 99% of the people that i know who is in crypto is only out for 1 thing and that is profits, most of the people dont really care about the tech and possibilities, they just wanna get rich.

Did you children figure out what ideology means yet?
I hope so.. I bring it up in every comment.

And I post negative comments mostly?

Well you all sum it up regularly when you concede MOST of these "coins" are scammy.
So if most coins are scammed then.. Uhhh?
Comprende?

And Ethereum and Ripple were certified scammy long before you NOOBS got here.
If you don't know why then you haven't been listening.
Let me know how that works out for you.

By the way Ripple & Ethereum are not a currency.
And they have no chance at dethroning Bitcoin.
Which is why I came to the Altcoin section years ago..

Not to support profit schemes that piss all over the Ideally I support.

Care to explain Your version of crypto ideology?
Let me guess it goes something like this..

Fuck Bitcoin / crypto.. I just want money (Fiat)!
My brother said that to me before and you are all just as bad.

You don't belong here.
I look forward to the investards losing their money and wandering off quietly.
Exactly like it happened during the big Doge hype days.

Such FUD.. Many ROI's.. So tears crying.

I Caen haz exchanger profitz coin now?  :D

If one suddenly became rich because of market movements, he would try to make sure at least a part of it would be eternal, and not dependant of market movements.

I agree that he should stand behind HIS project, but to say that he has to stand behind the entire industry 100% doesn't seem right. There are a number of factors outside of his control, so to say he is wrong for feeling that the industry isn't completely trustworthy/stable is understandable.

This is mindless FUD.

He is saying "IF I wanted to do that" implying he stays with Ether and traditional equities.

They are already addressing the network issue. It is on their github.

Ether is falling little more due to the correction from Bitcoin. After Bitcoin corrects back up, so will Ether. As it has been over the last month.

But I guess, all sorts of people here have their own agendas.

Really? And what is YOUR point, Mr. noob? Do your homework, before calling it a FUD. But I guess all sorts of newbies here are trying to leave a trace with their "smart" comments.

The points is history when I made the most money off of bitcoin are the periods when I had the highest concerns.  Just because a person has some concerns is not a statement that they are not doing this and that despite those concerns.  Besides, he said it was with the "sector", not sure what he means by this, but obviously the term brings more than the coins and code into play, sectors usually include the people and that is always where my biggest issues lie.

The rise from $250 to $600, that period of time was when I was sure to a degree at all times that someone was going to fork into the system and peter piper enough people off to their chain, with deceit, and then they would have a little surprise in the new fork, like a tripwire reward in a future block.

We survived and we will, I still get concerned at times, but the end result is that if Bitcoin would disappear right now, I have made enough money off of it to never look back.

That is why don't hand a child a gun because he will eventually shoot himself or other people's head.

Making your own stuff with a copy cat materials with the original one and not admitting it will make you jealous and will do everything to make it down in everyone's eye.
The best example right now is Vitalik!

He is too young for this kind of pressure that's why he said it and maybe he is just joking -ETH holder

No doubt Satoshi Nakamoto never revealed himself, maybe because of this kind of scenario.

What I'd tell you 2 days ago - ICOs are cashing out of ETH.

Uhhh he already admitted to dumping in the past  :D
Apparently he was in need of 1 million dollars.
So yeah.. Carry on saying it's hypothetical.
So he can dump more with 0 accountability.
He doesn't even have to come here and explain himself.
You all do the cheerleading for him  :D