So 2 wrongs make a right?
Nope. You all had a chance to only get a 30% haircut, but you were determined to vote, thus commit 2 wrongs and break Nash equilibrium and lose 100%: Stoopid. What are you taking about 30% haircut? |
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How long will it be until everyone can withdraw their eth? I don't know for sure what will happen, but if everyone can withdraw at the same time there could be a dump as the hack is a disturbing event in the eth ecosystem.
If the DAO is dissolved, lots of Etheruem will flood the market, so the Ethereum price will drop a lot as a result. I fully agree, not sure why people don't see this. Maybe the miners should opt for the soft fork, but not the hard fork to lock the 3.6 million eth forever and reduce the supply. I am not sure about that. Is that morally right? You confiscate the stolen goods but do not return to the owner. What? Like the DAO attacker holds the moral right? I'd rather a soft fork so the stolen coins are taken out of circulation than just left for the attacker to spend. |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
No it makes perfect sense. Fortune favours the brave. When there's blood on the street it's TIME TO BUY. |
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I'm not sure why people keep posting new threads to make fun with The DAO, Ethereum and Vitalik Buterin. We saw videos, memes and everything, but the truth is that personally this failure makes me angry.
You are right it is not funny. But people are responding with memes and jokes simply because the Ether hype got so extreme (for example I got spammed with dozens of personal messages on reddit, promoting ether, as did everyone who ever posted on the r/bitcoin subreddit). It's the extreme promotion that has made people respond with jokes. What is not funny is how Butalik made this worse at every stage since inception until now with his promotion of a vote, which ruined the chance of a 30% haircut and saving Ethereum from destruction. And yet spartak_t blames us instead of blaming the true culprit. We are laughing at how stoopid these guys are. They can't even point their finger in the correct direction. FFS. Firstly why dilute any argument you try to bring to the table with petty immature name changing? Like or loath him his name is Vitalik so what issue do you have with referring to him as such? Secondly, crypto is still an embryonic market? Exactly how you expect Vitalik to adequately respond in a crisis situation is beyond me. He is learning on the job and there is nothing wrong with that especially in such a new market/technology. Seriously, grow up a bit. Or at least learn some humility. Pathetic. |
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I'm not sure why people keep posting new threads to make fun with The DAO, Ethereum and Vitalik Buterin. We saw videos, memes and everything, but the truth is that personally this failure makes me angry.
You are right it is not funny. But people are responding with memes and jokes simply because the Ether hype got so extreme (for example I got spammed with dozens of personal messages on reddit, promoting ether, as did everyone who ever posted on the r/bitcoin subreddit). It's the extreme promotion that has made people respond with jokes. So 2 wrongs make a right? |
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It's still profitable to mine and hodl ETH. Ethereum wasn't attacked. Gud time to buy more ETH.
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Any attack on a crypto turns back the time real investors would pile in.
Nope. More publicity just like Mt. Gox. The clusterfuck dies and the well designed code grows stronger. Sorry if you feel victimized, but maybe you should blame your God Butalik. You can stay in the camp with Jim Jones or you can get out while you still have a chance at $12. That'll be the MtGox that battered BTC price down to a couple of hundred dollars. Now wonder where BTC would be had MtGox not happened. Any attack on crypto, hurts crypto. End of. And we are back at $750. Btw, I expect BTC to rise to $1200, while ETH falls to $1 or even $0.25. The "attacker's" latest offer will soon start to take over the mining of Ethereum. Or Vitalik will call for an emergency fork, which will destroy the sanctity of Ethereum forever (and probably fail because new miners can popup with a majority of the hashrate funded by the "attacker's" offer in order to reject the fork). Either way, they are fucked now because Vitalik pushed for a vote on a fork (destroying the Nash equilibrium), which is forcing the "attacker" to drain the rest of the DAO into miner's pockets. Back at only $750, 2.5 years later. My point is these attacks destroy the trust in crypto so investment drys up and slows. If it's all about the code then instead of attacking crypto for own personal gain, work with it for the betterment of all? See a flaw then highlight it, join the community to create not destroy. |
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Any attack on a crypto turns back the time real investors would pile in.
Nope. More publicity just like Mt. Gox. The clusterfuck dies and the well designed code grows stronger. Sorry if you feel victimized, but maybe you should blame your God Butalik. You can stay in the camp with Jim Jones or you can get out while you still have a chance at $12. That'll be the MtGox that battered BTC price down to a couple of hundred dollars. Now wonder where BTC would be had MtGox not happened. Any attack on crypto, hurts crypto. End of. |
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I don't think it's funny, it's savvy. A coder found an exploit and took advantage of it. Let's stop this good samaritan bullshit, if you had 3M ether you would travel, do anything you wanted really. You wouldn't have an aristocratic sense to return it, lol.
I would return them... I would return them too. That is because you n00bs don't understand that when you break Nash equilibrium, then you destroy your block chain forever: https://bitcointalk.org/index.php?topic=1515550.msg15292630#msg15292630Nothing to do with technology, more about humility. Google it. |
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Please keep laughing, but remember this... The DAO is one of the largest crowdsales in history https://en.wikipedia.org/wiki/List_of_highest_funded_crowdfunding_projectsIt is one of the poster boys of the crypto industry Yes, IPO scammers got burned, banker shills got shafted, idiot noobs got what they deserved, everybody laugh and make merry, bitcoin is the only currency etc etc etc For weeks I was asking what this DAO is and nobody would answer. ETH wallet is a joke of technology. In fact, all crypto 2.0 wallets are the biggest joke of this industry but nobody is saying anything or taking these devs to task about their crappy technology. People are piling in regardless. You are laughing while the whole crypto industry is going over the edge of a cliff. Go and laugh with the man down the street about what has happened here and ask him to give over his fiat for your new fancy digital currency that (as he sees it) is nothing more than drugs money for hidden internets. Nothing more than nerds and Russian gangsters trying to get rich. And now a nice big Russian cartel is holding the entire industry to ransom for millions of dollars. Yes, the whole industry. DO NOT FOOL YOURSELF and believe that our precious BTC will not be affected. Outside of this industry people DO NOT TRUST digital currencies. Do you blame them??? So, go and sit down and laugh with your mothers, fathers uncles and aunts who know nothing about crypto except for all the drugs and scams going on in this post modern gold rush. All they know is that nerds want their money in this big global Ponzi scheme. They're not idiots. Tell them that a Russian cartel stole $80m. Make them laugh with you at the foolishness of the investors in the industry ( which you are also asking them to invest in!). Yes, keep laughing. The bags you are all holding will surely be used as the future currency of this planet. Keep laughing and waiting... Couldn't put it better myself. But the BTC shills are blind to their bullshit hate. Any attack on a crypto turns back the time real investors would pile in. Not least crippled BTC and it's pathetic block size and community. |
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I agree, there isn't anything funny about this whole situation
Let me tell you why it's funny. If you ever click the speculation forum, there are full-time, paid, anti-bitcoin shills. Accounts like alias "lambchop" have created literally over 500 spam accounts that just post all day long saying "Bitcoin is going to die. Bitcoin ponzi scheme is over. Blah blah blah". These same shills (who probably work for people like Goldman Sachs and JP Morgan) were also spamming "Ethereum is the new Bitcoin" at the same time. The banker shills took this one right up the ass. They bought a bunch of Ethereum IPO scamtokens and got raped. How do you think this piece of shit Ethereum got to a billion market cap while being a scam? Bankers were bankrolling it. So for all Eth shills, I salute you:  Your paranoia is extreme and scary. And extremely scary. I hope you are under medical observation. |
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I don't think it's funny, it's savvy. A coder found an exploit and took advantage of it. Let's stop this good samaritan bullshit, if you had 3M ether you would travel, do anything you wanted really. You wouldn't have an aristocratic sense to return it, lol.
I would return them... I would return them too. |
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Everything coin like is a very high risk investment.
I am always expecting that I won't see a single penny I invested in all of this.
I don't hold BTC, I am here for a good profit or total lose.
Salient advice. I can see BTC crashing to the dogs soon enough as its now turned into a centralised Chinese coin. |
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... and Ethereum is going to less than $10 as we speak.
All of you people constantly spamming your Eth propaganda were trying to scam others into buying it, and now you're mad you're losing money by knowingly participating in a scam and trying to force that scam onto others? Are you blind? The reason I launched this topic is because I do care about the people. Personally I have never bought a single ETH or DAO. Make some researches before start to blame for no reason. P.S. It seems that the "attacker" is offering 2000% gains: http://pastebin.com/9MRVDC9hSo attacker is scared of the hard fork. |
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Finally some common sense. You are absolutely correct in that there is nothing funny for anyone seriously wanting crypto to succeed in seeing the DAO fail. It discredits the whole community and makes crypto look to the common man not worth investing in.
No it does not. Eth/DAO failing because of programming errors, Bitcoin failing because of future power cuts to chinese mining farms do not affect the crypto movement in the long run. Eth and Bitcoin flaws have been and will be fixed in other crypto and the show goes on. You won't get as many investors if it's seen as a risky investment. Crypto needs slow steady increases not boom and bust. |
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Finally some common sense. You are absolutely correct in that there is nothing funny for anyone seriously wanting crypto to succeed in seeing the DAO fail. It discredits the whole community and makes crypto look to the common man not worth investing in.
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Why do you put spaces between each LISK character? I think I know the reason so won't be clicking your link.
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Currently ETH is probably not a good investment. If you're looking for something similar, take a look at LISK.
LISK is a scam currently run by a couple of failed cold fusion devs. Sell at the earliest opportunity. |
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It's likely the DAO is currently too ahead of its time but I believe it will come.
No there is a mass market for it right now, but those guys have the design entirely wrong conceptually. They are off in the entirely wrong direction conceptually. And that includes Devest and any one else copying The DAO's conceptual design. And I am not going to tell you how to do correctly until I have some code ready to launch. No sorry I don't think the mass market is there right now. Just look at how many, supposed crypto currency supporters just hate on the DAO and are happy to see it fail just because they can't comprehend it. This is internet 1993. "Why do we need this?" It needs to be sold to the doubters before mass market appears. I.e. There were only circa 20,000+ DAO investors in total. And I knew 3 of them. |
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Ethereum has had a MtGox level event and will either die or be perma bear market for months/years. They've shown it's completely useless to have a low level scripting language for contracts.
Fault wasn't with Ethereum code you r0achtard. As you well know. It's a fault in both the way the DAO was written and the design of Ethereum language used for scripting. This is on top of the fact that Ethereum was just an IPO scam in the first place designed to enrich the coin issuer, and it's impossible to actually make a decentralized network using a recursive, closed entropy system. Ethereum is a scam plain and simple. It is not a "decentralized" anything. It's a flat out centralized scam. Incorrect. The fault was DAO code. If it was ETH then where are the repeated spam attacks on the etherchain? Nowhere as you well know. Quit fudding. It's pathetic. |
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