Bitcoin Forum

There's mass desperation on several exchanges trying to keep BTC lower.  It was obvious the second someone did a huge market sell when BTC was $470, causing $35 in slippage.  Nobody that actually wants to sell attempts to cause slippage on purpose, only for manipulation.  The reason is that BTC and Ethereum are somewhat inversely correlated.  When BTC goes up, Eth crashes.  A lot of Chinese and American whales drank the Vitalik koolaid and invested in Ethereum when they know nothing about cryptocurrency at all.  Little did they know, Eth is a completely dysfunctional product and referring to it as an outright scam is not an exaggeration:

The Ethereum Paradox

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

Now the Eth whales that pumped that blatant scam to $1 billion dollars market cap are desperate to find someone to dump on before the BTC halving causes the Eth price to completely implode.

*Update*

Ethereum created a new pump scheme called the "DAO" in order to try and give the illusion of a risk free chance at gains, but the real goal was just to temporarily lock up enormous amounts of Eth and prevent it from being spent so they could attempt to pump it.  The DAO now has $150 million denominated in ETH that can be sold on May 28th.  Most people now know that the DAO is a horrible investment, so the single entity pumping Eth right now is trying to find momentum traders to dump on before May 28th comes when he knows the Ethereum market is going to crash.

First the Eth pumper will dump, then the Eth DAO will dump on May 28th, then the Bitcoin halving after will cause the Eth bubble to collapse even more while BTC skyrockets instead.

Why people know the Eth DAO is a horrible investment:

https://steemit.com/crypto-news/@dan/is-the-dao-going-to-be-doa

https://bitcointalk.org/index.php?topic=1471177.0

https://i.imgur.com/JZOEa5p.png

(it was actually like 4000 btc market sells in total with 2 chunks of 1000 to try and manipulate down but failed - clearly orchestrated event)

r0ach,, you are way too biased ~

Calling a scam a scam is not biased.

Please don't blame Ether whales ..

That's nonsense..

Well then where is BTC whales?? they could just mass buy to soar BTC price up.
Since you said BTC&ETH is negatively correlated, ETH whales eventually need to cut the loss and convert it to BTC, right?
Short covering could happen,, but seems like BTC whales ain't doing shit,,

yeah that's market action,  supply & demand, work of invisible hand~
Please don't blame it on ETH whales, it just makse you more pathetic

Your logic is just way too biased

Nice try scammers with your orchestrated market sell on Finex, but Bitstamp didn't follow your move. (coinbase still at $452 too):

https://i.imgur.com/rZt41Lx.png

why don't you short ETH at Poloneix???
if you are damn sure about it?

Why are people trying to paint China as the evildoer in all this? The Chinese hold a strong portion of the bitcoin market, why would they try to keep it down? China is generally doing a lot to keep bitcoin up while systematically ignoring ETH, so I'd say that the contrary of what OP says is true.

Chinese are insane gamblers and a lot of them bought into Eth.  One of the Chinese VCs that used to screw with Bitshares put far more money into Eth.  It was THE WEST leading in price when Bitcoin went over $470 and China attempted to stop it on purpose.  This is a fact.  I keep up with each exchange's movements daily and can easily tell who is doing what.  It's always extremely obvious when the Chinese are trying to raise or lower price.  

For example, when the price of BTC goes over $1000 and Eth has some enormous dump in the process going to something like 0.006, they not only make no money in the process of the BTC rise, they lose money due to the Eth implosion.  They're desperate to find someone to dump their Eth on first.  It was not chump change that pumped that Eth scamcoin to $1 billion market cap.  It took a lot of money to get there.  Now they have to try and micromanage BTC and Eth at the same time to not get slaughtered in Eth holdings.

When I said Eth is a scam, I was not bullshitting:


When I said IOTA is a permissioned ledger extortion scheme I was not kidding either:

The question is if they succeed in finding anyone wishing to buy ETH at this price. I strongly doubt.

Yes that won't be easy!
No matter how hard they will try to dump that stuff on others who fall for this scheme, I know it won't be me! ;D

Bitcoin - a high-tech pyramid scheme that's tech is stagnant and it's market is running out of greater fools. Only black and grey markets have practical use for it for it's relative anonymity. Attracts mainly people who are lazy, dumb and greedy enough to be lured in with the idea of "buy, sit on your ass while doing nothing, earn $$$$"

ETH - Resource that has potential to offer practical solutions for more useful applications then people have currently even imagined. Doesn't try to be a currency, because currencies with unpredictable future value are useless anyway. Biggest riches will be earned by those who build practical applications around the network. Attracts more people who are able to cope with the increased complexity.

Make your bets..

Yes, we can make our bets.  Anyone with an IQ over 2 can look at your post history and see you're an anti-Bitcoin shill likely operated by the same entity as "Talks_Cheep" since your posts are almost word for word identical in content and length.  Next time you try to post propaganda, try not to do it on a forum inhabited by computer science grads and PhDs all smarter than you are.

Yeah right!
Vitalik Buterin, the head of ETH, dumped 25% of his stash because of the extreme potential it is having. :D

That's because unlike bitcoin, ETH's main thing isn't earning by dumb buy'n'hold speculation. There is no "beanie baby" artificial scarcity to feed the greedy little minds of taxi drivers and bartenders, who hope to find easy shortcuts to riches. Possibility to earn through speculating with ETH will only last in it's beginning stage where everything is raw and driven by hype. When things mature, then the only people who earn money with ETH are those who are actually capable in building useful applications on the ethereum network.

 :P

Except there is no "ethereum network" because it doesn't matter what you can do inside the VM when it has an invalid foundation holding it up.  We have a 47 page thread discussing that already:

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

And people like Gmaxwell went over it saying the same thing weeks later:

https://bitcointalk.org/index.php?topic=1427885.msg14601127#msg14601127

Sadly, your 47 page thread lacks of constructive criticism and is mostly full of hysterical monologues and personal insults written by yourself.
Gmaxwell post is a much better piece, that lacks the hysterical emotions that your posts almost always include. Maybe less caffeine would help to keep more focus?

As I've always said about ETH and it can be looked up in my post history. It has a lot of potential, but still many things can go wrong while it matures. When bitcoin is sick and dying, with only the close loved ones trying to keep up hope, then ETH is a newborn baby whose far future isn't yet determinable. The idea of ETH already wins the idea of BTC, now we only have to see if the technical side keeps up with the idea.

It's infeasible due to things like CAP theorem.  If Eth is a "newborn baby", then it would be a crack baby.  Since you're a hired shill poster, I don't expect you to understand any of that.  You have 39 pages of post history claiming Bitcoin is a scam.  Literally every single post says that.  Nobody would waste their time doing such a thing without financial motivation.  Anyone can tell you're a paid shill poster.

All relatively small obstacles that can be solved. Obstacles that aren't close enough important as bitcoin has. While ETHs potential problems are technical, then bitcoins problems are financial. The biggest problem already started when bitcoin started trying to be a currency. There is no use for a currency that is highly attractive for speculation, and therefor has a highly unpredictable future value. The main goal for a currency is to offer a stable intermediate to make more complex plans with determinable value. There is no way to run a business, while depending on the currency that may change it's value -50%/+50% in the next month.


That's the hysterical part I was talking about. You won't exactly raise trust among the sober minded people, when you keep yelling about conspiracies, anti-semitism and suspecting every discussion partner of being a paid conspirator. You may get the attention of those who are used to learning about history, finance and tech through youtube videos, but those folks mostly don't have the money to keep the heavy BTC market afloat anyway.

LOL, no, CAP theorem is not a "small obstacle".  Eth is a scamcoin.  Feel free to keep bumping this thread so everyone can click your name and see 39 pages of post history of anti-Bitcoin shilling.  Some people probably don't believe there are paid anti-Bitcoin shills on this forum.  All they had to do is click your post history to find out.  Nobody spends that much time shilling against Bitcoin without financial motive.

All your shilling in favor of bitcoin is financially motivated? :P

LOL thats so true

The only "shilling" I do is point out what coins are scams and which ones aren't.  The ones issued by a central authority via IPO are obviously for-profit scams.  The fact that the same coins doing such activities also completely fail on a technical level and are worse than regular old Bitcoin while using used car salesmen marketing terms like "blockchain 2.0", makes it all the more hilarious.

There is my stance on that issue below, but the Lightning Network might implement some type of confidential transactions and make them pointless:

When bitcoins that you hold get more valuable, then there's no profit for you?
When others express their opinion, then they're shilling.. when you do it, then it's sincere concern.

.. is it all like this because you're special?

No reason to be upset, cockroach. That's just how unregulated markets work: people try to make money.
If there's money to be made by dumping BTC, only a fool or a bitcon fanatic won't do it.

There's nothing to be upset about.  I posted pictures of their manipulation and scamming in action so people can see what "they" are up to.

There's no such thing as "scamming" in an unregulated market. You can't break the rules if there are no rules to break. It's all fair game.
If Yellow Peril happens to be better at bitcon gambling than your sorry Aryan ass, your tough luck :(

How do you know I am not a righteous Chinaman of high moral character.

Because they're all in their local sub, plotting another megadump with their devious oriental minds (that you'll never understand), rubbing their little asiatic hands together and giggling at you, pigface roundeye :)

Here we have Lambie again, the biggest dumbass noob with hundreds banned troll accounts under here name. Copy pasting others text trying to defend here own pessimism with zero results.

Chinamen all at subway?

http://media.coindesk.com/2013/11/bitcoin-accepted-here-subway.png

I think that Steam logo should be more appropriate here, because steam will probably have pretty impressive sales numbers with bitcoin.
Most underestimate how many "old adopters" there are out there, who spend 12h+ a day 40% Gaming 40% Crypto.. "research" 20% Porn and keeping up with the news. And these guys are currently bored because nothing interesting is happening with bitcoin. So, I bet that they used a lot of their coin to buy random games from Steam.
It's funny because some months ago, I thought that bitcoin will probably have at least some brave little bubble before the halving. But the steam adoption opened just so perfectly that it won't even get off the ground. I personally find this as a good thing, because it makes value flow to more potential blockchain technology applications.

...and since Steam guys like to get paid in actual real money, all that BTC will have to be sold for filthy fiat by Steam's payment processor.
More doom :(

The rise of ETH has many reasons, but the major reason of its rise is the split of bitcoin devs and community

Cryptocurrency enthusiasts might not want to cash out hard earned bitcoin when they lose faith in the current central planers of bitcoin,  they just relocate to other cryptocurrencies. As a result, all the new fiat money purchasing bitcoin just went into ETH, and previous ETH holder take the time to cash out their ETH first to BTC then to fiat, it is like increased market capital in cryptocurrency world, thus require much more fiat money to pump its price. ETH works like stock/commodity in the crypto economy, used to hedge bitcoin risk, it is like petroleum anyway

ETH is quickly taking over crypto, nothing can stop it basically. It's superior in every way imaginable to all other crypto.
Haters gonna hate.

I think that's true, innovation in bitcoin's developments seemed to have reached a halt when the schism happened. Ethereum's homestead released just on the right time to grab the attention of speculators at the time, but the hype is now dying off slowly. More and more funds are re-entering bitcoin-fiat markets as volumes for ETH/BTC fall.

Haha, you know the paid shill scammers are terrified of BTC going up when there's 3 of them posting all at the same time in this thread.  Look at this Kwukduck scammer's post history.  Page after page of anti-BTC shilling all just complete propaganda lies:

It couldn't possibly have anything to do with Thermos wanting to destroy satoshi's stash because, apparently, blockchain could be easily h4xx0rd and millions of BTC will suddenly flood the market? Or those nice Blockstream Coreporate boys lying about delivering their scaling kludge, seqwit, and continuing to hobble Bitcoin?
Why not put in some work and learn to lose graciously, cockroach? Think of it as a *sound* investment in your future! :)

http://s32.postimg.org/9uypibnb5/hobbler.jpg

Listen, Lambchop, we all know that women are just large children not capable of operating in a leadership position, so which of the following Zionist Sith lords is it that calls you their bitch and tells you what to do?

The Keynesian scamming overlord Krugman?

http://incogman.net/wp-content/uploads/2015/07/PAUL-KRUGMAN-DEMONIC-JEW.jpg

Perhaps clearly a psychopath by just looking at his face, zionist junk bond king Michael Milken?

https://si.wsj.net/public/resources/images/OB-BD904_rescue_20080317125853.jpg

As seen on TV, scamming for the tribe Cramer?

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/03/20140306_5y3.png

Maybe the walking corpse, Zionist mastermind Soros?

https://endzog.files.wordpress.com/2015/10/fotoflesorxer_photo.jpg?w=979&h=1024

I do not think it is a BTC vs. Ethereum thing. Both coins could co-exist. It is only that huge ammounts of money are moved from one to the other.

I'd be curious to know how many traders really know, understand or give a shit about what Bitcoin actually is. Same goes for ETH. It's a rising number on a website. That's all the majority cares about.

Oy vey you gullible goy!
Don't like nice Jewish boychiks, but whenever these fine gentlemen gently pound your gentile pooper? Oh, you love that, can't get enough! ::)

Listen, cockroach, I'm'a gonna make this offer only once:

http://s32.postimg.org/m5ix3myh1/butthurt.jpg

Lol, textbook shilling.  Trying to divert attention from the financial terrorists destroying the planet and instead try to create infighting between Bitcoin users over non-existent issues.  When you use textbook garbage plays like that against people who are smarter than you are, it's like putting up a billboard that says, "BUY BITCOIN NOW".

Let's examine a nice passage from Paul Jewbastard Krugman's paper titled "Bitcoin is Evil":


haha

FTFY.
Financial terrorists are neither here nor there, they couldn't give any less of a fork about your buying BTCeanies by the bunkerful from your superior Oriental masters, you silly goy :D No buttcream 4 u >:(

How does one get paid for shilling/ bashing coins? I would like to apply. For real. PM me.

Hold a public auction on the relevant section here. In fact it should have its own sub auction section for shill recruitment. I'd love to see some figures out in the open.

But seriously - how is it relevant who is pushing down? The effect is the same.

It is normal to have corrections in an uptrend. Looking on the leverages this one might not have been finished by the way.

Is this the thread where we wring our hands and kvetch about how our tx-growth-capped Bitcoin is stuck in a rut two months before halving while young nimble competitors swallow up tx volume and marketshare while bestowing phat gains on traders that aren't us?

Yes? Good, I feel better already.

I even do polo trolling.

You can't be this stupid.  People market selling batches of thousands of coins back to back (around 4000 total) and putting up a wall on the sell side right after is not "a correction", it's just desperate manipulation and they failed, price back to $454 already.

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2FJZOEa5p.png&t=564&c=wBt5ME3iutqy-Q

http://s2.quickmeme.com/img/ce/cec7368e4bb16af9d57089ea016c0a68227845810e931fe605c08c71200d7c6f.jpg

i agree with the part that any altcoin can exist along with bitcoin even get as big as bitcoin if they are good. but two things should not be forgotten here. first success of any altcoin doesn't mean death of bitcoin and anybody saying that is spreading FUD to pump their coin second ethereum is most probably not the coin to survive for long because there is a lot of things wrong with it from the start.

I'm not exactly sure, but I think that the money comes from the same guys who print textbooks for shilling. You may ask around from guys who have the textbook.

https://pbs.twimg.com/media/CiUSimoUoAALX5D.jpg


'Emigrate or degenerate , the choice is yours!' - Do Androids Dream of Electric Sheeps


 :D

The interesting thing is that ETH is mostly dumped for BTC, so if they are really dumping ETH you would see a rise in bitcoin price. ETH is like added money supply to bitcoin, so the effect is that the overall value increase against fiat money has been drag down by added ETH since they have 80 million supply now, it is 5x more money supply, similar to QE

Roach is the biggest dumbass going.

B-b-but ethereum paradox thread, lol sorry you are dumb

Look at your post history, a sock puppet account for Eth.  You shills' accounts are useless when people can verify what I'm saying so easily.

Ethereum is superior technology and a superior idea to bitcoin.  Im not ashamed of supporting it.

I think everyone should dump btc and shitcoins and get eth.  Then crypto can move forward.

Yeah, good luck with that kind of diversion of your investment.. that is if you are primarily invested in BTC.

At this particular price point, BTC seems to have a greater potential to 2x, 5x or 10x than ETH. 

Furthermore, at this price point, BTC seems to have less of a potential to deteriorate by 10%, 20% 50% or 80% as compared with ETH.

Surely maybe it would be o.k. to have a little investment in each, but 90/10 BTC/ETH may be about as risky as anyone should want to get at this price point, but what do I know?    ;) ;)

Here comes another move from the Eth scammers.  200,000 Eth was stolen from Gatecoin exchange, and then the Eth price is pumped 10% the next day? LOL.  That makes no damn sense.  When someone steals a huge amount of an altcoin, the price always goes down.  Darkcoin had a bunch of coins stolen from C-Cex and the price went down literally 50% after.  The fact that Eth was pumped right after this theft makes it look like whales are trying to raise the price in order to find someone to dump on and exit before the thieves sell.

Roach, I am in general not inclined to believe in conspiracy theories,  but bitcoin's market cap is small enough such that what you say could very well be true.  Look at how easily altcoin markets can be manipulated,  and it only takes a relatively small whale to do it.  Bitcoin (I think) has a much higher number of whales and bigger ones at that.

he is holding because he saw the recent small surge? it may be, why dumping at 0.022, when it is going to 0.025? that is more than 10% more profit for your scammed coins

even scammer some times need to maximize their scamming activity

I also got suprised to see ETH price now close to 0.03BTC just after few days of gatecoin got hacked. It looks like hacker is also not a quick dumper and he is also holding till eth price hit some value but it is for sure there will be dump incoming soon. Any ETH bought at the current price will be loss.

China didn't follow that orchestrated BTC shakeout attempt since Huobi was still at $448 a minute ago.  The single entity pumping Eth is pretending to operate from a position of strength, but he's likely underwater even more from raising the Eth price.  He knows the $130 million denominated in Ethereum for the DAO is going to have a massive selloff causing the Eth price to crash on May 28th, so he's trying to raise the Eth price to find momentum traders to dump on before that date.

We will first see the Eth manipulator himself drop the hammer and dump, then the Eth DAO will dump even harder, then BTC halving will cause Eth to dump even more.  It's going to get real ugly for Eth soon.

With my independent research I have come to the same conclusion as OP. Ethereum project is nothing but a very elaborate scam.

Pray to your Chinese masters...

Wow, great job r0ach!

You created a 'honey pot' thread, and just like flies to honey, attracted at least 6-7 of the paid shills/trolls known to troll frequently in the Speculation sub.

They all couldn't resist coming in here and trying to smash you down, and thus revealed themselves in the process. HAHA!

ETH *is* a scam, and it will all end in tears. Any fool that invests in that premined crap deserves to go cry in the corner of shame over their losses along with the Ripple, NXT, and Darkcoin idiots.

Take it like a man.

Another stake in the Eth vampire:

Etherians are gonna just BUY your sorry butt. Here: https://www.reddit.com/r/TheDao/comments/4k07vs/we_should_just_purchase_blockstream_outright_and/

A reddit submission by some guy that holds 10 eth.

Fuck Ethereum, fuck ethereum people... this shitcoin is taking the steam out of bitcoin.

At this point who knows, it may really hinder any potential rally bitcoin might have had due to halving.

Haha, that says it all.

I`m not a huge fan of alt coins in general, unless they serve some sort of demand needed so hence the price as to be up like towards a service.

I dont know since Gavin is on there, hes really throwing his reputation as a dev?

Just have a bit patience my friend.
Don't fall for the game they are trying to play with us.
I guarantee you a big chunk of that money pumped in Eth and that DAO stuff is going to come back!!
This is like the bitcoins are hanging on a tree like apples or oranges and the Eth manipulators guys are shaking it as hard as they can to get as much BTC when they start to dump DAO tokens and Eth on a big scale. Just at the right time, close to the BTC halving of course. ;)

Maybe bobbie pumping eth now

I was thinking the same thing. It's either before halving or before the end of DAO sale.

Someone who has a stake in both Bitcoin and ETH manipulated the Bitcoin market to move some money out of Bitcoin and into ETH, sending it to a new all-time high recently iirc, and now we'll see the same people buying more Bitcoin, selling their ETH and waiting to do the cycle all over again.

The value of Bitcoin is going back up, and that means that investor confidence wasn't shattered.

Also these fucking "do you need some butthurt cream" memes are fucking retarded, they make you look like a 12-year-old who thinks they're superior to everyone because they think their opinion is "better" than everyone else's. Fucking talk like people and stop with shitty memes.

When the Ethereum mafia announced that they have spent all their IPO funds, they lied. They had plenty of BTC left from that 30 000 they raised and they were going to use it to manipulate borth the ETH and BTC markets. That announcement was meant to make people sell their ETH cheaply into Vitalik's and his gang's buy walls.


Noobs are discovering the internet. There will always be new kids who just find out about internet memes and start to overuse them because they think it's still cool.

So does it mean if the PoW continues in the Etheruem, the Etheruem will have some value? That is the same as bitcoin.

Chances are that ETH will visit 250s again while BTC will climb back at 3000s.

This is fun!

If Ethereum stayed on PoW, the coin would be considered a failure since they issued an IPO for the money supply.  The price would crater once they announced they'd be leaking mined coins forever after suckers investors bought all the coins vitalik created out of thin air.

Ethereum scammers are in full desperation mode now.  Nobody is buying their Eth pump so they keep doing orchestrated BTC dumps to temporarily lower BTC price, make believing that will make people want Eth instead but there are just no willing buyers of that scamcoin.

That does not make any sense. BTC is still many times bigger market than ETH - suppressing BTC would involve an order of magnitude bigger loses than anyone could gain on the manipulated ETH.

Soon Coinbase will dump BTC and support ETH

That will be the end of BTC!!

You are pathetic r0ach!!

Where is Segwit?? Probably infinitely delayed ~

what are you talking about, they have poor customer service.

Which means it drives users away towards other exchanges so them launching it is really losing face if they cant handle bitcoin services 1st of all.

Look at this: https://community.coinbase.com/latest

You see a bunch of people complaining on getting double charged, and other mis bullcrap coinbase pulls every other week. Goodluck with their bad service.

Eth raised 30,000 BTC for the original IPO (most of which but not all they have dumped).  There are lots of idiot traders that are currently trading BTC/ETH with an inverse correlation.  So the Eth scammers do orchestrated dumps of 1000 BTC or whatever on a single exchange to temporarily give the appearance of BTC weakness while simultaneously pumping ETH to pretend it's strong and try to trick people into buying their Ethereum pump and dump.

Sorry, but eth has come to stay.

Better get used to it.

"F2Pool, which according to data from Blockchain.info has processed the most bitcoin blocks in the past 24 hours, has long operated a mining pool focused on Ethereum"

Haha, now you know why Eth is getting pumped.  They're raising it to unload every single one of their mined Ethers at insane bubble prices before the BTC halving and the Eth DAO dump causes Eth to crash.  Then they take those Eth profits and use them to pump BTC for their larger and more important BTC mining farm.

Too much euphoria always attracts bad luck. The ETH party will probably end with big bad news. Polo getting hacked, SEC going after Vitalik's butt for unauthorized DAO creation, insiders dumping their eth, BTC halving, you name it.

The charts look like it's ending right now:

... bitcoin tho. Volume is wilding :)

Yea, pumpers trying to sell off their Eth at highway robbery prices before they move the money back into BTC.  As soon as they figure out nobody is buying Eth at that price, they drop the hammer and Eth craters.  The end result is a simultaneous huge red candle on Eth as BTC begins to go up.

Why would they move their money into BTC? Many grownup exchanges have ETH/USD pairs. Could also *invest* in DAO.
So ya, that ship has sailed, no more shekels 4u, usurious bitcoin money changer :(

Anytime the amount of one star spam account, paid shills on the forum is at an all time high (such as yourself) means you are in the buy window.

Anytime you're ready to stop showing off your mad math skillz by counting stars & stop denying the (I grant you, soul-crushingly cruel) facts, I'll be here to sell you Kleenex.

Why do you always dodge the question of who is paying the paid shills like yourself on the forum?  You've made literally 500+ spam accounts that all get banned eventually.  Nobody does such a thing without economic incentive.  Isn't the fact that paid shills are hyping Eth a giant red flag to anyone that's not an idiot?

Won't lie: because I like watching you rage. Is that so wrong?

I've never felt the lure of Eth myself, so pretty much unaffected by it. My feelings are that its blockchain is going to be too big too quick, I don't like proof of stake and in general its not scarce enough to be an excellent store of value. I realise that eth is not meant to be a store of value but is fuel to run a world computer or something. meh. Bitcoin is still the king as far as I'm concerned. Like a sleeping dragon. Only pretender is Dash which has attributes of bitcoin that I like with many other interesting innovations into the mix.

^^Get back to me when all the featured articles on Coindesk (top 4 :o) are about Dash :)

You forgot this question:

You didn't learn from what had happen months ago.  ETH will always be pumped for every project there on are created with ETH being the useful coin.
Its a continuous evolution and yo can check this out in the list of ICOs. ETH will soon be the kind in the end, you'll see.

Just 'coz Blockstream can't afford to pay you a living wage ain't no reason to be upset. They'll throw you something when NitWit goes live :)

Wazzat? It's supposed to be out now?! Wahappen ???

So how much are you getting paid by bankers to shill against Bitcoin?

Let's see... gotta get more organized... $250k US from Vitalik + monthly + per post, so let's call it ~$350k US thus far. Visa footing my hookers & blow habit + all the Starbucks coffee we can drink + 50% off coupons on McD Happy Meals (you'd be surprised how fast that shit adds up when you got a fleet of hungry hookers to feed)... Ya, I know i'm forgetting somethn' but must away -- hookers and blow!

People are discussing about eth and btc here in this thread not Dash but i think eth will also gonna face same luck like LTC and DASH has faced in past. Too much speculation on launch and lack to find real life application after wards. When this ICO of DAO tokens will be finished and people will exchange DAO for eth and eth to btc than we will see real drama i think.

Well, an additional ETH problem that you are kind of suggesting, but not specifically stating is that the whole thing is kind of centralized.  I mean they have some supposed mining, but it seems that a lot of coins have been pre-mined and then there is not really any certainty regarding how many there will be in total, so any time they could double the supply.  Furthermore this currently proof of work (that is kind of unclear about how they are gotten and who is supposedly mining and the criteria) is going to at some currently unknown point shift to proof of stake.. .. yeah right.. that sounds more like a ponzi scheme than anything for those with insider knowledge to acquire as many as possible and then sell them at an inflated price... but then if they are no longer being produced at that point, then only stake holders have a voice.. it is a bit unclear how all of this is supposed to work, but that the rules can change at any time (because ETH is more efficient than bitcoin because those in charge can change the rules at any time that they want.... how ridiculous to inspire confidence in such a distribution of coins and power).

I guess big players are the scammers then? due to the position in power.

http://www.coindesk.com/coinbase-exchange-rebrand-ethereum-trading/

I think regardless of its faults, its one of the few alt coins to be almost matching bitcoin, even litecoin didnt do this.

Yeah, you can come up with all kinds of fantasies when you don't actually have any stake in the system, besides your likely a lot less payment(s) from the bankers.

exactly this. ethereum is a professional scam in the cryptocurrency world. it poses itself as a decentralized system comparable to bitcoin while in reality it is centralized to the ethereum foundation. the rules can change at any time and people that could change the rules hold a stake (vitalik and his gang).

You are way too early to make any kind of matching claim.... Let's see ETH's performance over a few years, rather than a 5 month pump... yeah there was a bit of a correction in there but still ETH has not been time-tested in any kind of significant way yet.

I am not saying that you are not going to be correct, but I am saying that your claim of ETH challenging BTC's dominant place seems quite premature, especially given a lot of the centralization issues that seem to be connected with ETH, it is not too likely to stand the test of time (a few years, but probably won't even last a few more months before the scams come out and it ends up getting abandoned in a large number of ways).

We may even need to feel sorry for some of the folks controlling various aspects of ETH, maybe?  We will see how it plays out, but the distinction between bitcoin and ETH is important and having someone for the government to go after when dealing with items of value and even what could be characterized as insider trading and market manipulation (Potentially dangerous)... harder to go after bitcoin fundamentals in this same kind of way because in the end, even though people try to suggest that core developers or miners are controlling bitcoin, but the whole bitcoin space remains quite decentralized, and that had been part of the complaint from some of the big blockers attempting to suggest that bitcoin needed to make changes more efficiently (hardfork, blah blah blah - not so easily accomplished in bitcoin). 

Anyhow, ETH having centralized control, they can hardfork whenever the fuck they want, and there may end up being some criminal prosecutorial vulnerabilities for some of the folks who are pulling some of the strings.  At this point, we don't know how it is going to play out... , and various governments can turn on a whim and there are so many different jurisdictions and agencies..  .. some people may have some better ideas than me regarding how  some of this will play out and whether they believe central players in ETH are not vulnerable to potential prosecution from various governmental regulatory agencies.

RIP Ethereum scam:

I can already see it unfold in the next year.... ETH will be pumped to the moon and dumped like a cheap hooker. We do not need a crystal ball to see this happening, but let's just warn the potential

bag holders, before they reach that stage. The miners are just following the profits, and will return to Bitcoin once the mass dumping has taken place. Bitcoin will still triumph in the end, but we will

have to put up with these pump n dumpers, before that happens.  ::)

So many sour grapers in this thread.

what a silly pile of bullshit this topic is.

WELL it's quite effective lol

BTC plunging!!!!!!

Run before you lose everything

When you see constant spam like this from Ethereum scammers, that's when you always know Eth is about to implode.  BTC going down $5 does not make anyone interested in buying Eth.  Eth is not a hedge for anything.  It's just a scamcoin at the top of a pump.

This topic is so funny  :D

I'm laughing very hard when I see Bitcoin holders so afraid like that. If ETH was a scam, they would not even bask about it.

And when Bitcoin will crash during its halving, and ETH gets to $50, he'll say "THIS WOULD HAVE NEVER HAPPEN IF IT WAS NOT FOR ETH" :D

The two next months will be priceless. The fact is that Speculation talking, Ethereum has the most tremendous potential. And potential means Pump. It still has two updates called Metropolis and Serenity (with a GUI client and PoS !), and countless Decentralized Applications and Organisations coming our way.

Every altcoin is scams, except Ethereum, since it's not an alt. The reason is simple: This is a NEW project, made from scratch. Call it Bitcoin V2 if you want.

 Ethereum is not Bitcoin's rival, it is its future.

BTC is old history
Eth is the new king!

There is nothing mystical to the recent price development of BTC and ETH. It was so obvious that whales would use the BTC halvening hype to sell BTC at the highest possible price and then jump on Ethereum that has a potential far above BTC could ever had. I am not saying that BTC is dead but it is also not really alive compared to Ethereum.

Ethereum binds all the smart developers in masses, it is not possible to convert them to develop BTC platforms. Plus ETH and its byproducts like DAO produce news on daily basis in the NYT, CNBC, BBC etc. hard to beat that.

It's nice to see some common sense.

If you disagree with someone, just call them a paid shill.  It's impossible for them to prove otherwise. "Nice" tactic, it's apparently keeping Ethereum's price low. ;)

You're on a shill account created in March 2016 named after an IPO scamcoin that hasn't even released yet while saying there's no shills on the forum.  That's a good one.

This shit cracks me up, how someone has the time to shit talk ETH. Watch it go to $60, the DAO just got a put on the frontpage of the New York Times print edition this Sunday. ETH has essentially replaced Bitcoin. Miners already switching, ETH has more nodes, Coinbase adding ETH trading, Gemini already did, Okcoin rumors, i could go on and on. What do we have in Bitcoin? still talking it's problems, blocksize debate, nothing happens, news controlled by Theymos.

Okay, so eth is good for what? DAO? ;D What a joke.

Actually the eth price is already pumped up, otherwise I can't understand its fast raise few months after being launched. But it is just a matter of time to see it plummeting.

Thanks guys, I needed some comic relief today. Bookmarking this thread for when I need another laugh.

One thing to consider is that Ether is not even positioning itself as a currency but as a distributed computing platform. Time will tell.

Sorry to pop youre reality bubble; ETH and DOA are both smart scams. Btw..never heard of SegWitt? it makes Lightning+Thunder network for real.

LOL where is Segwit??

keep getting delayed infinitely

It-s like Unicorn~~

Have you read this article ? It's actually pretty bad publicity for the DAO.
A couple quotes :

DAO investors are dumb :

People who will have to make sound investment decisions (usually made by professionals irl) are just normal people with not much spare time or financial wisdom :

Clash with reality :
Pretty much what every sane person is thinking.

Not enough testing :

I mean, there is really nothing positive in that article. You can read "scam" between the lines.

this ethereum story is being dragged on for a long time and every time you think the scam is over and done with they come out with a new shinny thing to attract more money and pump it harder and dump after a while of pumping to get out soon.

What delay?
There's difference between being code released and being merged!!
If you check the HK agreement it was all about a code release up to april.And that is what happened.Right now it's on Segnet and almost ready to get implemented.It's all about the miners then.

miners consensus on Segwit will take forever and may not happen. Then, why not wait for 8mb hard forks??
BTC is doomed.

Looks like it's over Eth shills!

Lovely.  Ethereum is relatively slightly cheaper in btc terms.  Phat green candle incoming on ethereum

Nah, doing great in BTC terms. Currently this:

Noobs like you are not well informed enough. Why dont you google for SegWitt(roadmap)/Lightning/Thunder network?

The miners alrdy said they will support SegWitt and it will be released before the halving.

Ya, everything's totally copacetic and A-OK ::)

https://twitter.com/JihanWu/status/733399767674290179

Yes.... Ultimately it is a good thing if seg wit is thoroughly tested before going live.  No matter what there can be problems and unexpected happenings, but when dealing with a network as valuable as bitcoin, it would likely be tragic if there were some significant bug that caused some people to lose money or to become unnecessarily vulnerable to something that could reasonably have been identified prior to release... and, actually, since bitcoin is not currently broken and there is no real emergency (besides a few whiners), it is better to verify on the front end rather than getting caught with your pants down by acting too quickly to rush something that doesn't need to be rushed.

How about backtesting until the end of the world??
Sure that sounds 100% safer LOL

There is timing for every matter.
If you miss the train, it's gone ~

So my take on ETH is very plain n simple, whereever there is a demand I will always be there to provide it.

The key take away from regardless of what coin - is to basically earn a profit. Well thats pretty much how I see most things lol.

If it doesnt make money I dont get involved.

But I`m still holding bitcoin lul.

o.k.   so now  it appears that you are attempting to conveniently change the facts in such a way in order to accomplish what you want...

The facts are that there is no emergency, and you cannot create an emergency by suggesting out of thin air that there is one.. yeah, there are a lot of whiners that have attempted to be very vocal in suggesting that there is an emergency and engaged in various spam attacks and otherwise in order to fabricate an emergency where none really exists.


The other suggestion that you appear to be attempting to make is that there is some kind of over analysis going on or that there is paralysis caused by over analysis.. which is simply not the case.. You do not achieve an emergency by artificially creating timelines and saying that you want it to be accomplished now...   from my understanding there had been some work on seg wit code prior to December 2015; however, it was not really publicly and openly discussed by various stake holders and powers that be within bitcoin until about December 2015.  Anyhow, there seems to be decent progress and developments around the testing of segwit on an ongoing basis, even though I have no claim to being any kind of technical expert regarding coding and testing etc.. yet I understand that there is a lot of value at stake in the event that matters are released prematurely - so accordingly, I assume that some deference should be given to time elapsing prior to seg wit going live.

An interesting read about how DAO may fail

https://steemit.com/crypto-news/@dan/is-the-dao-going-to-be-doa

Gdax looks awesome and shinning https://www.gdax.com/ , even coinbase is bulshitting over bitcoin and looking for a better coin.

Segwit was supposed to be released in April, and we're nearly in June. The halving will happen in a few weeks, and Segwit won't be released in time for it...

Bitcoin DEAD!!!   run to Ether or Lisk ....

Monero dev makes shockingly obvious discovery Ethereum is a centralized scamcoin

https://bitcointalk.org/index.php?topic=1485051.0

Ether being scamcoin does not save BTC from dead

Lisk is doing so well already 3.5x from ICO ~

While BTC is just fading away from public's interest.

BTC will be forgotten and become obsolete

Nobody else in the general world actually cares about small cap altcoin IPO pump and dumps.  All those will fade into obscurity while BTC will still remain.

https://bitcoinmagazine.com/articles/antpool-will-not-run-segwit-without-block-size-increase-hard-fork-1464028753

Please read this r0ach..

Segwit will not happen...

Just a critic of your post:

Bitcoin price is where it is now because of "noobs and non-nerd people" that invested in, if you expect a coin to be high with info hidden somewhere in google where only geeks can access it you are lost.

Black and grey markets are the only things holding value in bitcoin. Bitcoin investors (those who actually bought bitcoin, not invested in alternative blockchain technology applications or future support services for cryptocurrencies in general) have been the joke of the financial world for several years already.

Another shill claiming Bitcoin is only used by rapists and murderers.  Bitcoin is used by anyone that wants to escape neo-feudalism through usury.  Kind of ironic that proof of stake is technically a permissioned ledger and not a decentralized currency, not secure, and also brings back usury, right?

ETH had a dump and BTC buys across all exchanges...

Bitcoin is neo-feudalism on steroids, with uneducated fortune seekers and their wet dreams of everyone else making them rich by buying their artificially scarce virtual units.
PoS offers the same security as PoW, with the only difference that no energy is wasted on solving a problem that doesn't have to exist. But the uneducated fortune seekers don't care if energy is wasted or not, they just want to leech on the backs of others.

I guess eth is not a scam, it's been there all the time and it is very baiik coins for trading. well, but ETH will never replace bitcoin as the best coin

WRONG:

What about Delegation ??
Lisk is using it and seems promising
educate me r0ach

Lisk is a Bitshares 1.0 clone, which is a Rube Goldberg implementation of proof of stake.

Last time I checked, there wasnt a hard code for this alt coin.

So one can only assume of its worth if its being - unlimited lol. I dont know about that, and that whole Dao system forces people to invest in their ETH to re-circle ETH value which absurd.