I hear a smart contract was the problem. Why else would Vitalik ask for stop of eth withdrawals from exchanges too?

Sure it'll bounce but that's just another pricepoint at which to get out for good. if you're smart.

doge is fine too, especially for tipping and introducing noobs to crypto.

btc UP because money does need to go somewhere when the air is being let out from ETH

It's not about inovations, it's about security, dumbo.
Money needs to be fungible, transactable and secure - not feature-rich.
People chasing innovation like yourself will come out broke.

LTC does its job very well.

Didn't know my posts are cryptic. That's likely subjective and could have to do with either lack of knowledge or lack of IQ on your end.

Nope, not Spoetnik. But we share similar opinions on presale, that's correct.

How about you mind your own business instead of spamming this thread btw? I don't like you.

We can only preach it and hope others start preaching it too.

Ultimately there will be a break in the scene between the money-whores who are after quick bucks and don't care and the ones who demand a transparent distribution and clean quality-coins with equal opportunity for everyone to profit.

These people know full well they play a dirty game. There are even more loosers this way than normally.
Spinelss idiots seem not to understand there would be far more profits for everyone in a fair distribution.
Instead they prefer giving it to the scammers because the thrill of having it for 2 minutes and 30 seconds on an unreal price is aparently worth loosing it all. lol

Yeah, these icos bleed alts dry and there won't be much more left than a desert-landscape later. People playing icos like this take away their own future profits in other coins but their brains are too weak to understand all of this.  

Legit projects don't get enough funding on the other hand. Just imagine quality products would be made here! We would all have been rich a long time ago. Instead we're playing this idiotic game of musical chairs where the bank wins every time.

Later in a few years they cry when they can't find a legit altcoin to actually use and there won't be any real "alternatives".
Most people can think only 5 minutes into the future and also forget most things within the same timespan. So they live like fish in a 10-minute-world and keep buying ico time and time again without noticing in the end they weren't the only ones being ruined.

Seems to be like heroin or something.


Pfff, there is not even profit in icos compared to a good longterm pow-coin. But most people are too dumb to trade so they loose either way and it actually doesn't make any difference to them.
Man, i have seen so many accounts go silent after a dump ... there would be a lot more people here if the market was just a little more accomodating. It would be much more money for everyone in the end of the day because of a positive network effect, but nope, fast in, fast thrill, fast loss, fast out seems better aparently.

But that's also why i made the thread because most people seem to be unable to figure this out for themselves.
We can only hope people more and more wrap their head around this and will more and more stay away from these presales no matter who is offering them or for what product.

Presale doesn't only fuck over the investors, it fucks over the miners too. Think about it just for a second.

It's the death to all the legit projects if it keeps going for some time, it could end the alt-scene in the long run.
In the end of the day that's all you're getting anymore because why would anyone release a clean OS-coin when they can just have 100% premine and sell it to people with some hype and rinse/repeat ad absurdum.

from the other thread 'why premined coins are considered scams'


the man is correct

I'm white-hat if anything. This is information to educate investors so they can protect themselves from these scams.

I'm trading successfully. I don't need to scam. It also wouldn't make any sense for me to reveal this info if i would employ this myself, if you thought for a second. The more you try to make an issue the more you're suspicous yourself, just sayin'.

noob shill-thread #21235
Please to trashcan, mod.

It's not rocket science. But you sound a bit sore. You alright? 

lol. I didn't but maybe you?

edit: ah, i see, spamming referals ...

No, i did not. I buy my own ico with 1 million and the exchange will hand that one million back to me plus free coins. The 1 million is only tied up as long as the ico is running. I don't need to find a greater fool to get them back. There is absolutely no risk to myself.

Nope. Buying my own ico, i get back my dollars plus coins for free. That's the whole point.

You didn't answer the question where a coin that was issued for totally free derives its value from and why anyone would ever pay money for it or why it would be fair to take money for something you received for free. Please answer that question.

Also you seem to be unable to understand that even if the coin is distributed for free it can be a scam.
Also there is no such thing as a fair central distribution.

Maybe you would want to send privatekeys in the mail to 6 billion citizens of the world for free, maybe then i'd be interested but i doubt you can raise the funds to do that.

To me you make the impression of someone who's testing the waters for their next premine-coin. Save yourself the headache. It's not gonna fly.

Please do. You could win a nobel-prize with it.

The thing with smart contracts is that they bloat up the chain really fast and once the chain is really big the node-count collapses and the coin stops being decentral - and a crypto that's not decentral isn't a crypto and is worth zilch, nada, zero.

So to make smart contract viable you'd need new technology for compressing data and that's not happening currently.

Longterm viable smart contracts in a truely decentral network are probably still a decade away.

In AUR there was at least blockchain evidence of it. Probably there is blockchain evidence in the others too but people just don't look for it.
AUR is still running despite being a proven scam btw.

15% loss a year is the definition of a hyperinflation and it's actually higher than 15% and pos won't save you because pos is broken.

Read your own source telling you it's 22,4% this year and it will be 38 years before it reaches the same low inflation like the US-Dollar has currently. lol, i think USD is a better coin than this one.

Loosing 1 fifth of your purchasing power this and one fith next year makes almost loosing halve the value in 2 years quaranteed and baked into the code. lol

https://blog.ethereum.org/2014/04/10/the-issuance-model-in-ethereum/

In other words: you will have to raise another 240 million this and 240 million next year for the miners to keep it at todays' price. Good luck raising half a billion after the hype is long gone. Also don't forget most money in this is speculation money and people need to take profits especially in a down-market.

Bearmarket in this will be quite amusing to watch from the sidelines.

But people can't say they haven't been warned.

That is IF the blockchain was decentral which it isn't and it wouldn't fall apart due to bloat within the next 24 months, maybe then there could be a remote chance for it to attract some pocketchange-applications but sadly, it won't be functional long enough to build up an ecosystem or userbase. It'll just fade into obscurity from here on out as more and more unsoluble problems and exploits start surfacing ony by one, imo.

I said it months ago that they would cut back on everything because all these promises can't be held and the tech aswell as math is faulty.  They'll just have to scale the features back a lot to be barely able to keep it afloat. It is a true shitcoin, bro. King of shitcoins, that's what it is. You'll admit this later too, no worries.
 
Hardfork incoming  


edit: it's also pretty remarkable how on almost all these ETH-pump-threads it's always hero and legendary members arguing with a member or lower about all this. You think we don't see that all the accounts pumping ETH who are above jr. member status are actually bought accounts? I'm arguing with a newbie account about ETH, lol.