Ethereum is just amateur hour. I think other projects, if they were to hit $1 billion, would advance the cause of cryptocurrency a lot further than Ethereum could ever hope to. Ethereum only ever raised $20 million and they liquidated their foundation pretty quick. Meaning no money is leftover for global expansion and marketing.
Before the exposure of the DAO to the attack and the hard fork I would have argued against you. I thought Vitalik was a boy genius who would save the world. I even watched the feature of him on BBC. Now yes. Ethereum, the foundation and Vitalik is just amateur hour. They do not know what they are really doing. And what are you saying that the Ethereum foundation is liquidated? Making a reference to the Skype Chat Leaks. Happened before the DAO. Pretty much the inner circle of Ethereum admitted they pretty much blew through $20 million like drunken sailors and they were going to have to shut down. The leaks also showed what they thought about investors and this was really foreshadow for the stuff we later saw in 2016. By chance of miracle, the pump to $1 billion just happened in time to bail them out a bit but the foundation by now, I imagine, is probably nearly out of money again... Just as I predicted. All the Ethereum foundation is doing is waiting for the money to run out then call it quits. Even if they tried to find investors to give them money no one will be willing to invest in them because of their incompetence and corruption. |
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The list of applications on dapps.ethercasts.com is underwhelming to say the least. Gambling, pyramid contracts, apps that other coins already did, better and more safely, some more gambling...
Online gambling has been solved like 20 years ago though... the majority of losing (-EV) gamblers are happy to pay a ~1% cut, they lose money anyhow.
Why would the fish (losing players) go through the trouble of moving to an ETH platform? They can barely start the computer most of the time... They go to pokerstars, 888, etc, because they saw it on tv.
Now, someone will say that ETH will be the technological backbone for these gambling companies and players won't really notice... I ask them, for the big gambling companies, what upside is there to decentralizing their backend? None, they want to retain full control. They will use a nice SQL database and proprietary software. After the DAO and hard fork debacles, they also know that not even the immutability of the ledger is save, the only property of a blockchain that might appeal to some serious company somewhere (besides maybe full anonymity)...
I wonder what you think about the bitcoin gambling industry. Does your statement apply to the bitcoin casinos and sportsbooks too? I ask because I am also wondering why there is not much traffic in them. |
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The volume of this is now low. It will be now good to observe where this coin will go from here. The developers must now do a good job and work hard if they really want for Statis to become a success. But we have already seen it many times here that most of the projects go nowhere.
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a true decentralised p2p currency should be indifferent to regulation  thats kinda half the point  This truly! I cannot believe the people here are still stupid enough to believe those politicians. If some of you are only here for the money then leave now. Go somewhere else where there is regulation where you feel protected. |
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No to any form of regulation. Those politicians cannot be trusted especially the politicians from the USA. They will only make cryptocurrencies serve their agenda. It is also their style to make us scared so that we will think that we need regulation.
I cannot believe most of you are falling for this trap again. We all wanted to be in crypto because we are fighting censorship, centralization of power, the need for trustful systems and closed systems. What is all a matter with you? If wanting regulation is because you lost money investing in crypto then get out of here. You should not be investing in the first place.
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Ok. Since litecoin IS bitcoin then what do you suggest the people behind litecoin do to also have the kind of success bitcoin is having? \
Unless you think that it should be automatically given because you said litecoin is much better than bitcoin. That is self entitlement.
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While it may be arguable that the 'attacker' behaved criminally, as far as civilly he may not be so clear. Being that all the DAO participants are partners, taking the money like this is a violation of good faith, it seemed the attacker had no intention of participating in the DAO as a typical, mutual investor. This is a disservice to his 'partners' and could most likely be addressed in civil court. However, since the fork has happened, does this still even apply? Technically, this never happened on one chain. This shit is too next level for the moment, we are literally in uncharted territory. When it's all said and done, most of this will play out in civil court. This is simply too cutting edge/high tech for conventional law to apply, it will be a stretch to apply criminal stature imo. What this is however, is a poorly written contract; the legal system has had those figured out for quite some time now  What is all this talk of the attacker going to court? We do not even know who the attacker is or how to catch him. But let us narrow it down. It could be anyone who is good at coding in Solidity. List those people first and then let us narrow it down more until we find a most likely suspect. |
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Ethereum can have value of 100 $ each nut still it can not push Bitcoin out of its central position.Bitcoin is very simple and basic technology behind it but it is most popular and will always be prime/standard to set anything like Ethereum or else to set their value.I don't believe Bitcoin ever will lost its value or will be zero.All these are just talks nothing more.
You are crazy. This will not happen anymore after the DAO attack and the sloppy hard fork. No one will invest big money to build in a platform that has a bad reputation in the cryptosphere. The Ethereum foundation and Vitalik is already exposed in their villainy and scum. |
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Ethereum is just amateur hour. I think other projects, if they were to hit $1 billion, would advance the cause of cryptocurrency a lot further than Ethereum could ever hope to. Ethereum only ever raised $20 million and they liquidated their foundation pretty quick. Meaning no money is leftover for global expansion and marketing.
Before the exposure of the DAO to the attack and the hard fork I would have argued against you. I thought Vitalik was a boy genius who would save the world. I even watched the feature of him on BBC. Now yes. Ethereum, the foundation and Vitalik is just amateur hour. They do not know what they are really doing. And what are you saying that the Ethereum foundation is liquidated? |
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ETH is almost centralized and even ethereum foundation seems to be doing price manupulation which can be proved when they caught trying to sell ETC they hold to buy back and pump ETH price few weeks ago. So actually the one who buying ETH right now and supporting price at this bottom are whales and ETH foundation itself.
Honestly i dont know if those supporters are whales.. because we know ethereum before its already rise and confirm that there is a potencial to grow.. Look at the coinbase they are now also have a wallet for eth. So it means eth also have a good potencial to grow in the future that can be a second alternative for bitcoin.. No. After doing some research on Ethereum they do not have a platform that would scale. In their current model the dapps will have errors and failures when the transactions increase in the platform. Vitalik is aware of this so it would be smart for him to slow down development and keep it small. That is the opposite of having good potential to grow. Maybe only grow the price of the coin but not the platform.  Ethereum platform grew too fast and too big in short period of time - too short. It is fairly obvious that this state will generate problems of various magnitude. We could observe one big problem - DAO hack, I am sure that there will be more, plenty of problems. The only redeeming factor is that ETH has great, dedicated devs team, so although centrally controlled ETH is still growing. Which saddens me. The Ethereum platform grew too fast? Or do you mean the ETH's price grew too fast? Because the platform has not even grown into anything. Do you see dapps that are working with hundreds of thousands of people using them regularly in their daily lives? Are the transactions in the Ethereum platform at par with bitcoin? There is not even real use in Ethereum yet. |
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Really? This must be stickied and everyone must be alerted. We do not want the community affected badly by this. Could it be that this is also connected to bitcoin.org's warning? I speculate there is a serious attack versus cryptocurrencies. This is the warning on bitcoin.org "Bitcoin.org has reason to suspect that the binaries for the upcoming Bitcoin Core release will likely be targeted by state sponsored attackers. As a website, Bitcoin.org does not have the technical resources to guarantee that we can defend ourselves from attackers of this calibre. We ask the Bitcoin community, and in particular the Chinese Bitcoin community to be extra vigilant when downloading binaries from our website."https://bitcoin.org/en/alert/2016-08-17-binary-safety |
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@Delawer. I do not think Synereo is comparable with Steemit anymore. Synereo has become a full platform capable of dapps to be created on it while Steemit is an application built on graphene platform. Say anyone saying it will be like XMR versus Dash is mistaken.
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It is like the litecoin supporters feel they are also entitled to the success if bitcoin. I think this is a bad attitude to have. If the founder and the developers of LTC want success then they should double their efforts to get everyone interested in the coin. With bitcoin it was a combination of cleverness, hard work and luck that made it what it is today.
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ETH is almost centralized and even ethereum foundation seems to be doing price manupulation which can be proved when they caught trying to sell ETC they hold to buy back and pump ETH price few weeks ago. So actually the one who buying ETH right now and supporting price at this bottom are whales and ETH foundation itself.
Honestly i dont know if those supporters are whales.. because we know ethereum before its already rise and confirm that there is a potencial to grow.. Look at the coinbase they are now also have a wallet for eth. So it means eth also have a good potencial to grow in the future that can be a second alternative for bitcoin.. No. After doing some research on Ethereum they do not have a platform that would scale. In their current model the dapps will have errors and failures when the transactions increase in the platform. Vitalik is aware of this so it would be smart for him to slow down development and keep it small. That is the opposite of having good potential to grow. Maybe only grow the price of the coin but not the platform. |
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Those are not real life problems. I would like to see crypto projects that tackle actual real life problems like poverty, centralization of electricity distribution, censorship, cheating in the voting process of our leaders and real anonimity online.
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The situation that I do not want to happen is what if the financial institutions and the government institutions come after not only Ethereum and their founders but all of the cryptosphere. They will attempt to control it and ban it that they will not allows us to take part in the world of cryptocurrencies because it is "illegal". Another question is will that stop you?
Maybe it is a good time to start learning about how to be more anonymous online.
Does it mean it is better not to have a foundation type of centralised controller? Then the development will be similar to bitcoin, very inefficient. Yes it will be better. Look what happened to Ethereum because of this central controller. They did a sloppy hard fork which would not happen if the 'inefficient' governance structure of Bitcoin was in place. |
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@rizzlarolla yes I read all the additions. We will need the help of the mods to unravel their operation and stop it. We alone cannot stop this. I will try to message a mod and get him involved in this thread later.
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They are already planning the 3rd fight? I thought that Dana White said Conor has to defend his title against Aldo.
Also I lost my bet. I thought Nate was going to win and knock out Conor at the 3rd round. That was a close fight.
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Yes. It really needs further investigation because it is possible that this is now done in a massive scale because it is a business to them. They also make sure they have accounts available to sell for each rank. I will post more spammers of the same kind if I see them.
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