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12541  Alternate cryptocurrencies / Altcoin Discussion / Re: Double-top on ETH, looks like she's done, put a fork in her... on: February 16, 2016, 12:06:14 PM

It doesn't really matter if you bough yours for $5.5 or $1.5 - just keep them:
in a year from now I see the eth price around $60 (now you can laugh).



ps. I'll quote myself on Feb 16, 2017 in this thread.
---------------------------
eth-price.com: eth price in USD, simple & minimal

I completely disagree.  Although it would be sweet if it continues to go up and up, it just doesn't work that way.  Your advice is a sure fire ticket to bagholder's land like what most of the people in this forum did by buying illiquid, low volume coins.
12542  Alternate cryptocurrencies / Altcoin Discussion / Re: The Ethereum Paradox on: February 16, 2016, 07:28:42 AM
I have yet to see someone that gives a detailed technical Counter Argument to the Guys here which making me have doubts about ethereum "Long Term". Following this thread now

do you have a summary of what these doubts are long term? 8 pages is a bit much to read.

Just read the 1st Page and 1st TPTB_need_war first replay on the thread. Basicly i was very enthusiastic about CASPER and Scalability potential of ethereum.
Until i read some good technical counterargument, i'm reducing my investment in the ethereum project long term, which is best now since prices seems to be good enough for me.

I just read: http://www.multichain.com/blog/2015/11/smart-contracts-slow-blockchains/

they have some very good arguments, but does it mean ethereum is doomed? hard to say until they reach that point and possibly come up with another solution. you got to give it to them on the marketing front.

That multichain.com article is talking about the lack of parallelization, but as I (and CIYAM and even Vitalik) have pointed out (both upthread and in my video), parallelization can be fixed by simply restricting the inputs of scripts to data from already confirmed blocks (i.e. do not allow scripts in the current block to impact scripts in the current block).

That multichain.com article does not address my point about partition boundaries being impossible for scripting. That is my point and I am sure no one else has thought of it. I am the first to make that point. And this is a damning point because it means all validators (full nodes) must verify all scripts. And from that comes the other points I have made about why mining is forced economically to become centralized (and this applies to Bitcoin as well). Thus I have argued don't pretend that crypto currency has decentralized validation (verification) because it can't. And thus I argued just make the validation centralized and try to put the decentralized control else where in the design. Which is what I have contemplated for my design. Which I am working on.

Ethereum could hire me to solve their problem perhaps. I wouldn't charge $18 million.  Roll Eyes

Fuserleer has been trying to teach the masses that miners of a successful coin always get rich. It is a necessary evil.

Not true in my contemplated design, because the mining is unprofitable.

Good luck with that.  One of the things that made Bitcoin great is consensus via economics that's advantageous for the individual and the group.
12543  Alternate cryptocurrencies / Altcoin Discussion / Re: Double-top on ETH, looks like she's done, put a fork in her... on: February 16, 2016, 03:03:17 AM
^ Again you speak the truth.  But at the end of the day, it's the trading game that prevails.  Why?  Because everyone in this forum is out to make some BTC.  Even the ones that appear smart and who 'care'.  And the reality is they're nothing but sourgraping, self righteous hypocrites bagholding their mined scamcoins still hoping the money will get to their direction somehow.

WRONG.

Don't assume all of us here are chasing "profits"

i'm not.. which is why i am the only guy who seems to care about honesty.
The rest of you just wan tot count your money..

PS:

Mined ?
ETH is an IPO scam coin launched unfairly .

Not all but most.  Those hypocrites should get off their high horse trying to pretend they're not chasing profits.

And yes.  Those sourgrapes who mined or bought BBQcoin or whatever stupid, worthless coin they're bagholding should stop whining crying scam this or scam that when they clearly missed the train all in the name of 'honesty'...  Please...  It's clear that most people who come here are for the profitzzz.

What a bunch of hypocrites.
12544  Alternate cryptocurrencies / Altcoin Discussion / Re: Double-top on ETH, looks like she's done, put a fork in her... on: February 16, 2016, 12:14:31 AM
^ Again you speak the truth.  But at the end of the day, it's the trading game that prevails.  Why?  Because everyone in this forum is out to make some BTC.  Even the ones that appear smart and who 'care'.  And the reality is they're nothing but sourgraping, self righteous hypocrites bagholding their mined scamcoins still hoping the money will get to their direction somehow.
12545  Alternate cryptocurrencies / Altcoin Discussion / Re: Nick Szabo aka Satoshi Nakamoto could be the first crypto super billionaire on: February 16, 2016, 12:04:58 AM
Sourgrapes.

A billionaire can't spend all of his money in 100 lifetimes. Petty lying just to steal the lunch money of other idiots on this forum is for low life scum.

https://www.armstrongeconomics.com/qa/is-there-something-more-important-than-money/

How new Alts / Scamcoins steal your Bitcoins


It seems every day a new alt coin pops up. They are easy to make - most are just clones of coins
that were programmed by someone else and just given a new name, a few graphic tweaks, etc. to make it look new.
It doesn’t take much work - a new scam coin is born.   Most of the devs who create these coins have only one intention - to steal bitcoins from others.  This explains how they do it.  


First they clone an existing coin, make a few tweaks, make a website (which helps scam coins look legit) then they pre-mine a good amount of coins which they will dump later on.
After the coin is up and ready for launch it is  Announced on various sites - bitcointalk.org, reddit, etc.


They get the coin listed on an exchange or two and then deposit a portion of their pre-mine coins they already
have saved up. They may make a few Bitcoins after their coin gets listed, but this is not the way they
intend to get your Bitcoins.   They let their coin do whatever the market wants for a month or two, maybe try to hype it up a little thru various forums and trollboxes to help legitimize it.  They don’t want to pump it as soon as it gets listed on an exchange - this would be obviously suspicious.


Then the day comes where they decide to make their move. They start by buying up the orders on
the exchange(s) to start driving up the price to give the illusion that their coin is starting to take of.  This doesn’t cost them anything because they pre-mined the coins for free and the Bitcoins they are using to buy up the orders go back to them because they are buying the scamcoin from themselves anyways.  After us innocent, unsuspecting users see that this alt
is moving up a large percent is when we start putting our bitcoin orders in so we don’t miss out on this coin that seems to be really taking off.  As soon as enough orders are put in / coins are bought - when the scammer devs are happy with the amount of BTC they have acquired, they dump the rest of their pre-mined coins on the order book to buy
up any lower bitcoin orders still on the books.   Congratulations, you have just become a bag holder of a worthless scamcoin that is back to its previous price of next to nothing, the devs have conned you out of your bitcoins and will let their scam coin die to start working on their next scam.

Thats pretty funny coming from a person who openly admits he's developing a scamcoin of his own. and the main target market seems to be "the idiots that browse this forum". In your words.  

You are the one daydreaming about becoming filthy rich from a scamcoin you develop.  

You've got issues.

He's developing a scamcoin hoping it will be better than Szabo's/Satoshi's?  LOL!  Now I just lost respect for this pathetic bastard.

Sourgraping, self righteous hypocrite.  Clearly that's what he is... 

Why not just shut up and go on and make your useless apps bud...
12546  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin. $15-$25. This Year. on: February 15, 2016, 11:58:34 PM
Mark my words.

But who'll get there first?  LTC or ETH?

I do not recognise the existence of Ethereum.

Scam coins don't have legitimacy in the Crypto sphere.



Legitimacy according to you isn't the question here.  It's who will get to $15 - $25 first...?


Litecoin of course.

How's it gonna do that?  Cheesy
12547  Alternate cryptocurrencies / Altcoin Discussion / Re: Double-top on ETH, looks like she's done, put a fork in her... on: February 15, 2016, 11:57:16 AM
I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  Roll Eyes

And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit) this Ethereum is.

Just curious, are you buying the Ethereum when your comments suppress the Ethereum price? So that you can buy more?

He's trying to look smart.  No one here takes him seriously that's why people love trolling him.

Given that his assessment lines up with some of the smartest people in the room, I'd be careful making proclamations like that--I'd also be wary of Eth's price reflecting his and other's assessments of Eth's possibility of doing what it claims it will be able to do. Sooner or later expectations get measured against reality and playing the market (when over exuberant expectations are likely in play) is like a game of chicken with Reality in a snow storm--you know it's probably coming, but do you WHEN to change lanes?

Yep.  Plan your trades and trade your plans.
12548  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin. $15-$25. This Year. on: February 15, 2016, 10:41:13 AM
Mark my words.

But who'll get there first?  LTC or ETH?

I do not recognise the existence of Ethereum.

Scam coins don't have legitimacy in the Crypto sphere.



Legitimacy according to you isn't the question here.  It's who will get to $15 - $25 first...?
12549  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum pump and dump? on: February 15, 2016, 10:26:22 AM
the price of Ethereum is too unpredictable. It is very volatile. Do you think the dump has finished?

Who knows...  But 1 billion market cap is possible if the current uptrend continues.
12550  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin. $15-$25. This Year. on: February 15, 2016, 10:10:33 AM
Mark my words.

But who'll get there first?  LTC or ETH?
12551  Alternate cryptocurrencies / Altcoin Discussion / Re: Double-top on ETH, looks like she's done, put a fork in her... on: February 15, 2016, 10:06:04 AM
I wrote double-top then down -30%, then I wrote "buy the dip!" and it is up 25%, and get ready to sell again so we can go down again.

Isn't this yoyo fun. We are building the future for our grandchildren here. Serious accomplishments.

Sure you did...  Roll Eyes

And again my bolded prediction was true. I am controlling the price of ETH with my posts. Not very amazing, because the insiders can't pump it up when readers here are selling, which indicates there isn't much real volume (other than insiders buying from themselves) that isn't coming from this forum. Just goes to show what a cruel joke (i.e. pitiful useless PoShit) this Ethereum is.

Just curious, are you buying the Ethereum when your comments suppress the Ethereum price? So that you can buy more?

He's trying to look smart.  No one here takes him seriously that's why people love trolling him.
12552  Alternate cryptocurrencies / Altcoin Discussion / Re: Nick Szabo aka Satoshi Nakamoto could be the first crypto super billionaire on: February 15, 2016, 07:23:46 AM
What makes you thinking that Satoshi is interested and invested into Ethereum?

I still believe Satoshi will be the first crypto super billionaire because of his combined holdings of BTC and ETH.

He has a knack for pioneering and inventing industries of the future.  I'm pretty sure he has a knack for investing and supporting them as well.
12553  Alternate cryptocurrencies / Altcoin Discussion / Re: Nick Szabo aka Satoshi Nakamoto could be the first crypto super billionaire on: February 15, 2016, 07:20:38 AM
I don't buy any of those alternative currencies. But Nick Szabo (probably not Satoshi, I don't buy that either) has been publishing about smart contracts for decades. He's (probably) more interested in the potential of the new block chain than speculating on ether tokens. imho.


But Satoshi is only human.  A little profit with investing in the future wouldn't hurt.  I mean he holds a million BTC for fuck sake...  You think that was an accident?  He knew he was on to something.  Now, it's the same situation with Ethereum.  This could be the other crypto that could go to the moon.  And do you think Satoshi is just there in the side lines watching this shit rise??  Hell no!
12554  Alternate cryptocurrencies / Altcoin Discussion / Re: Nick Szabo aka Satoshi Nakamoto could be the first crypto super billionaire on: February 15, 2016, 07:15:22 AM
And why don't you go read about how dumb Szabo is about the smart contract issue:

https://bitcointalk.org/index.php?topic=1361602.msg13870882#msg13870882

There is the video of him not understanding the externalities issue and Turing completeness (see above link).

And then add this:

I’m not a fan of the term “smart contracts”. For a start, it has been used by so many people for so many different things, that we should probably just ban it completely. For example, the first known reference is from 1997, when Nick Szabo used it to describe physical objects that change their behavior based on some data. More recently, the term has been used for the exact opposite: to describe computation on a blockchain which is influenced by external events such as the weather. For now let’s put both of these meanings aside.

I want to focus here on “smart contracts” in the sense of general purpose computation that takes place on a blockchain. This meaning was popularized by Ethereum, whose white paper is subtitled “A Next-Generation Smart Contract and Decentralized Application Platform”.

And yet you claim Szabo is Satoshi. You guys are a like a dog, you will hump any tree stump.

How about getting in touch with reality.

Woohoo look at you, you're so smart, yet all you do is whine around the forum thinking how dumb everybody is and how we're all beneath you.  Yet that's all you do, whine and baghold your mined shit coins.  Haha Cheesy

12555  Alternate cryptocurrencies / Altcoin Discussion / Re: Nick Szabo aka Satoshi Nakamoto could be the first crypto super billionaire on: February 15, 2016, 07:04:16 AM
The only reason people think Szabo could be Satoshi is that his experience in digital the field of digital currency and his reputation, That's it. There have been nearly 100 people publishing papers on digital money for decades anyone of them could potentially Satoshi. Anyone that thinks some bullshit generic circumstantial evidence has relevance or is proof is ignorant and/or pushing an agenda.

In this case it seem your agenda is to shill for etherum. You could easily make the case that Satoshi whoever he is, is really wealthy but that doesn't have anything to do with ETH which seems to be what your real motive for this topic is. I thought you were a solid bitcointalk contibuter but now i see you are just one of the trolls.

Yep.  I troll the trolls, hypocrites and sour grapes.  Which one are you?

And Szabo = Satoshi.  No troll, no agenda, don't need one...  Ethereum is being pumped regardless of what I say. 

Again Szabo is one of the top guys to be Satoshi or part of team Satoshi.  He's been talking about all this shit since the 90's.
12556  Alternate cryptocurrencies / Altcoin Discussion / Re: Nick Szabo aka Satoshi Nakamoto could be the first crypto super billionaire on: February 15, 2016, 04:01:02 AM
Sourgrapes.

A billionaire can't spend all of his money in 100 lifetimes. Petty lying just to steal the lunch money of other idiots on this forum is for low life scum.

https://www.armstrongeconomics.com/qa/is-there-something-more-important-than-money/

How new Alts / Scamcoins steal your Bitcoins


It seems every day a new alt coin pops up. They are easy to make - most are just clones of coins
that were programmed by someone else and just given a new name, a few graphic tweaks, etc. to make it look new.
It doesn’t take much work - a new scam coin is born.   Most of the devs who create these coins have only one intention - to steal bitcoins from others.  This explains how they do it.  


First they clone an existing coin, make a few tweaks, make a website (which helps scam coins look legit) then they pre-mine a good amount of coins which they will dump later on.
After the coin is up and ready for launch it is  Announced on various sites - bitcointalk.org, reddit, etc.


They get the coin listed on an exchange or two and then deposit a portion of their pre-mine coins they already
have saved up. They may make a few Bitcoins after their coin gets listed, but this is not the way they
intend to get your Bitcoins.   They let their coin do whatever the market wants for a month or two, maybe try to hype it up a little thru various forums and trollboxes to help legitimize it.  They don’t want to pump it as soon as it gets listed on an exchange - this would be obviously suspicious.


Then the day comes where they decide to make their move. They start by buying up the orders on
the exchange(s) to start driving up the price to give the illusion that their coin is starting to take of.  This doesn’t cost them anything because they pre-mined the coins for free and the Bitcoins they are using to buy up the orders go back to them because they are buying the scamcoin from themselves anyways.  After us innocent, unsuspecting users see that this alt
is moving up a large percent is when we start putting our bitcoin orders in so we don’t miss out on this coin that seems to be really taking off.  As soon as enough orders are put in / coins are bought - when the scammer devs are happy with the amount of BTC they have acquired, they dump the rest of their pre-mined coins on the order book to buy
up any lower bitcoin orders still on the books.   Congratulations, you have just become a bag holder of a worthless scamcoin that is back to its previous price of next to nothing, the devs have conned you out of your bitcoins and will let their scam coin die to start working on their next scam.

Sure...  Hypocrite.

And who says I'm lying?  Szabo is Satoshi.
12557  Alternate cryptocurrencies / Altcoin Discussion / Re: Question on Ripple and the Lightning Network on: February 14, 2016, 11:23:58 PM
It would have been nice if Ripple/Stellar had a scripting language.
12558  Alternate cryptocurrencies / Altcoin Discussion / Re: Nick Szabo aka Satoshi Nakamoto could be the first crypto super billionaire on: February 14, 2016, 01:22:22 PM
What makes you thinking that Satoshi is interested and invested into Ethereum?

I still believe Satoshi will be the first crypto super billionaire because of his combined holdings of BTC and ETH.

He doesn't think. He just wants the ETH price to go up, so he says what ever he thinks will entice naive speculators to follow his implied 11th BongHit Bible commandment, "Thou shall buy more of what ever I am pumping".

Sourgrapes.
12559  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum pump and dump? on: February 14, 2016, 09:34:17 AM
I think the pump and dump of Ethereum has finished. The price will stay around present for some time. It might drop.

Or it could be a good opportunity to buy the dips.
12560  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the first thing you look for in a new cryptocurrency? on: February 14, 2016, 09:31:08 AM
For me: 
 
1. I immediately check the algorithm.  Is it POS (instant turn off), or some other gobblegook?  If it sounds unique, I'll give it a chance. 
 
2. IPO or even worse: pre-mine??  Angry  Do not pass go, do not collect 200 bits.  FOAD. 
 
3. Does it have a healthy community with a professional website, whitepaper, and non-shillbot comments?
 

4.  Anything listed in the Announcement subforum is usually something to avoid.
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