There are very few journalists or mainstream news organizations that are familiar with ETH. I haven't seen or heard anything in the media about the hack. I just searched cnn.com for "etherium", resulting in 0 hits. The same search for "bitcoin" produced 209 hits.
The hack of ETH will not negatively affect BTC's credibility in the eye's of the public. ETH is just some shitcoin that no one, outside of a few nerds on this forum, have ever heard of.
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lock your visors and HODL, initial lift off can be bumpy. We thank you for choosing bitcoin as your prefered way to blast yourself into space. 1
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Yeah, it seems like there's major support building at this level.
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Conclusion: Eth is alpha quality software, at best, that is totally insecure (obviously). It is also a centralized coin run by a dictatorship.
Can you imagine where bitcoin would be if it hardforked every time some coins were stolen? But people are willing to put up with this BS for Ether. Why?
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Imagine how long bitcoin would have lasted if we had hard-forked it every time someone's funds got stolen.
Etherium amazes me. People pump billions of dollars into an experimental alpha-quality cryptocurrency, despite the fact that it's demonstrably insecure (obviously), and run as a centralized dictatorship.
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I went from long from 400 to 770 to leveraged short now... squeeze me if you dare Challenge accepted
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Excited, but no where near as much as during "the big rally". Part of that was the surprise. No one really expected bitcoin to go to $1,200 anytime soon. This time, I feel BTC is still undervalued and is just starting to catch up to where it should be. I might be ecstatic again if I see another big bubble ($5,000+?).
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Throughout the day, when the price has decreased, volume decreased. When the price has increased, volume has increased. A bullish sign.
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Go big or go home, I say. I'll hold out for $1,000,000+.
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dafuq is going on. i never understand these pumps. i love them and its exciting but i'm baffled as to why volume is way up when price miles higher than it was a short time ago.
are there really that many people who see it sitting at 250 for like 18 months who suddenly decide to buy when it's 600+?
It didn't sit at 250 for 18 months, it bounced up and down between 200 and 300. Nobody knew if the bottom was in and each time it went back down to 200 people panic sold in case it went further down to 100. Can you predict how high it will go before crashing again? Will you sell at 5000, then watch it going to 50000 and not buy back at 10000 or 20000? I can pretty safely say I'll never buy a $10,000 bitcoin. Just sayin'. Quoted for posterity... Never say never. Indeed. There were probably people back in 2011 saying, "I'll never pay $10 for a bitcoin LOL!"
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Wait, is it time for hookers and blow?
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You can sell all your bitcoins at one time, but deposit the money into the bank over a longer period of time. Of course I wouldn't advocate doing such a thing, but one could probably evade taxes this way as well.
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Is anybody still here?
Yep!
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He could only be so lucky, with all of those Ethereum pump and dump profits, he deserves a bit of a reward, no? Yet, I am not sure whether his skinny bones could handle such, and he may get r3kt I think Adam meant he'll get r3kt financially. But yeah, that too.
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Gotta admit, that broad is pretty bangin' though.
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It is only because of politics that people will not like Classic.
Classic is just Core with at 2mb block size limit.
Classic is building off the 0.11.2 branch which is soon to be outdated with 0.12.0 coming out of RC. There are many significant improvements with 0.12.0 that you will be forgoing(It is unlikely that Classic will switch over to 0.12.0 within the next 2 months) . Classic only has 2 experienced developers maintaining it where Core has 45. Segwit and classic have practically similar capacity upgrades, with segwit allowing for better longterm scaling by fixing tx malleability(something that is required for payment channels to progress) . Logically, supporting Classic doesn't make much sense. What's to stop the Classic team from implementing segwit? AFAIK the coding is mostly complete, and publicly available.
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Etherium is basically the same as BitShares. I expect it to have the same fate.
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Brg444 #REKT Theymos #REKT
Actually I think Theymos is backing Classic now. It would be surprising if Theymos were really backing Classic. Your assertion prompted me to look through some of his recent reddit comments. Here's one from "1 day ago": https://www.reddit.com/r/Bitcoin/comments/40zs8h/instead_of_whining_about_the_block_size_we_better/cyywmvgIf you change Classic's rollout mechanism to just a flag day 6 months from when it's introduced, it looks reasonably safe to me. There may still be problems with worst-case blocks taking many minutes to verify, though.
SegWit basically does the same thing, though, and better. With the Core roadmap, we'll have blocks effectively 2 MB in size in only around 4 months, and it'll be backward-compatible. Also very important is that it enables future deployment of fraud proofs, which will make Bitcoin way stronger against attacks by miners (a serious concern with the existing amount of miner centralization). It also fixes the slow verification issue. Late this year a "real" max block size increase following something like Classic's design can be scheduled. So the Classic change seems entirely worse to me, especially when so many experts have signed onto the Core roadmap.
(To be clear: I'm talking about the changes in Bitcoin Classic. Since Bitcoin Classic implements a contentious hardfork, I wouldn't support it unless it actually overtakes the economy.)
What he seems to be missing is that the "Classic" dev team is capable of implementing these additional features as well. The forking debate isn't about deciding on particular features or technologies. It's about choosing a management team. The current core team has proven that they're either incompetent or corrupt. Either way, it's time to fire them.
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they eliminated 0 conf transactions in their idea of scalability so every vendor will have to reprogram everything to do reasonably quick will have to reprogram everything to work with new more complex interface.
they did? WTF... Indeed, they did. But not to worry. If you need help managing the new complexities, I'm sure your local BlockStream salesperson will be glad to give you a quote.
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