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So you agree there are no realistic use cases.
Ethereum has value now, but I don't see much value when the "fanboys" realize this.
Of course not. I'm pretty sure most of the rabid supporters know it too, but it's not in their rational self-interest to admit it. Same goes for Bitcoin. |
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This happened to first ever MAJOR Ethereum based contract.
What do you expect in the future? Forks, forks and forks.
Smart contracts don't work. There will always be bugs.
I of course stand corrected, if Ethereum can provide a bug-free utopia.
The first time you try to drive a nail with a hammer, you smash your thumb. From this, according to your logic, we proceed to infer: 1. You should give up. If the first attempt failed, the second could only fail harder. 2. Your sore thumb is not your fault, it is the fault of Etherium the hammer. For not having a childproof thumb guard. 3. A hammer without a thumb guard is useless. Am I reading you correctly? No, I am saying Ethereum will probably sell as well as head mounted toilet paper dispenser. It's pointless, expensive and there are way better and cheaper methods to achieve the same. You are free to think whatever you want, though the rationale you have offered to back your opinion is junk. In the meantime, I'll just leave this here: http://coinmarketcap.com/  Yeah, that's how well the toilet paper dispenser is selling right now How do you fix something that inherently doesn't allow fixing? You must be talking about bitcoin? Are you attempting to highlight its inability to evolve and stagnant code base, due to its selling point being selfsame immutability, algorythmically guarranteed by maths and sciences, as resistant to the whims of fallible humans as the laws of the cosmos? Which, apparently, requires consensus for any change to take place, and since consensus is undefined and no one agrees on wtf it is, nothing ever changes? Hell if I know how you fix the unfixable  I find it hard to believe that there will be any mass adoption for such product.
Mass adoption does not need to happen. The only thing that does need to happen is another guy buying your tokens for more than you paid for them, e.g. bitcoin. Bitcoin don't do dick, and yet... Why wouldn't I choose my own centralized contract that works with NEM's Mosaics, for example? With centralized contract I am able to fix any flaws there might be.
Additionally, why would I develop new decentralized contracts for Ethereum network when I have my superior centralized contracts done already? It would be an expensive operation for any corporation.
I just don't see any reasons why I would use Ethereum network. I'd be scared to hell of any bugs.
Please. Utility of a token is just a convenient backstory, it's the thing that distinguishes tokens from casino chips and what we do from gambling. Because gambling is heavily taxed and regulated. But we're not gambling, we're investing in fledgling technologies. Get it? |
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No, Gentlemen, please! I beg you, no applause. [...]
Because fundamentals. The implosion is not a question of if, but when.
That said, we might see a bit of an upblip today, but down below current price within 48hrs.
Did I say possible upblip? Is it too late to retract that piece of irrational optimism? I suspect China just thrown an unlimited fund supply of cash to the exchanges.
Probably. I hear they print that out of thin air over in China. |
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Selloff 2 in progress?
Bloody hell. I should have gone all in shitcoins. Why didn't anybody warn me?!? Don't grieve, for the earthly gains are fleeting as a morning cloud. As the early dew it goeth away. On the other hand, the genuine, lasting satisfaction one acquires by supporting the One True Coin (by buing it with actual money from a righteous bro)? Well, that you can take to the bank! Which is to say you can keep it, now that you're your own bank! Enjoy! |
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This happened to first ever MAJOR Ethereum based contract.
What do you expect in the future? Forks, forks and forks.
Smart contracts don't work. There will always be bugs.
I of course stand corrected, if Ethereum can provide a bug-free utopia.
The first time you try to drive a nail with a hammer, you smash your thumb. From this, according to your logic, we proceed to infer: 1. You should give up. If the first attempt failed, the second could only fail harder. 2. Your sore thumb is not your fault, it is the fault of Etherium the hammer. For not having a childproof thumb guard. 3. A hammer without a thumb guard is useless. Am I reading you correctly? No, I am saying Ethereum will probably sell as well as head mounted toilet paper dispenser. It's pointless, expensive and there are way better and cheaper methods to achieve the same. You are free to think whatever you want, though the rationale you have offered to back your opinion is junk. In the meantime, I'll just leave this here:    http://coinmarketcap.com/ Yeah, that's how well the toilet paper dispenser is selling right now |
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This happened to first ever MAJOR Ethereum based contract.
What do you expect in the future? Forks, forks and forks.
Smart contracts don't work. There will always be bugs.
I of course stand corrected, if Ethereum can provide a bug-free utopia.
The first time you try to drive a nail with a hammer, you smash your thumb. From this, according to your logic, we proceed to infer: 1. You should give up. If the first attempt failed, the second could only fail harder. 2. Your sore thumb is not your fault, it is the fault of Etherium the hammer. For not having a childproof thumb guard. 3. A hammer without a thumb guard is useless. Am I reading you correctly? |
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Bitcoin Core developer Peter Todd told CoinDesk: "My thinking is if I can’t explain a system to a drunk guy with a fine arts degree and have him have a decent chance of understanding how it works, at least at some level, chances are the system is too complex for me to understand." http://www.coindesk.com/the-dao-bitcoin-development/Parsing: if(I can’t explain a system) then(system is too complex for me to understand) If Peter codes like he talks, bitcoin is pretty much done. And yes, this is very relevant to bitcoin price, unfortunately  |
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I will repeat that I am not against the DAO, Ethereum, Bitcoin or whatever., but the DAO must change its abbreviation [...]
We must contact the Decentralized Better Business Bureau immediately! They'll send their virtual, non-violent uninforcement friendgents so that the case could be tried in the High p2p Internet Court of Natural Law. This can't stand! Bitcoin is controlled by a handful of factory mines in China, yet some still insist on calling it decentralized. |
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This is getting ridiculous , the daoattacker is treating ETH/DAO like his little playthings -
The Market Responds:  http://coinmarketcap.com/ Above price is current @ time of this post. |
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Speaking from someone who has been around NEM since the beginning, I don't quite get the Chinese claim.
The chinese pumped many coins for no reason. TIPS and EAC are one of the examples. This is my only concern. You're ignoring one major coin the Chinese have pumped for no reason. It begins with a "B," has "TC" in the middle, and always ends in tears. |
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[...]
When the world learns the number 2 crypto is being run by Mr. Thompson's 9th grade Computer Science class, it gives some big-pocket investors some pause, across the entire sector.
What's that word that's forever ruined for me by teh local cognoscenti? Conflating? Yeah, stop conflating stuffs. The The_XXX is no more XXXXX than MtGox is Bitcoin. Less, actually. |
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^ Decentralized currency controlled by a handful of bros burning coal-fired, government-subsidized electricity in Chinese chicken coops doesn't sound like a begging idea either, tho it never stopped bitcoin |
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Yeah, I realize that your poisonous schadenfreude backed by mouth-foaming and hand-waving is far superior to actual dispassionate facts. I guess I got nothing. ...wait, perhaps a topical palliative?  |
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So this all makes perfect sense, eh?
[...]
Makes perfect sense, right? But...but.. China demand?? Right?? Fellaz??
The Invisible Hand works in mysterious ways |
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Cometh the halvening, and lo! ... all them Chinese chicken coops full'a insta-obsoleted SHA-256 gear  Gonna be glorious!  >99.9% attack for a fraction of a years in order to increase the block period by 100X for a period of years. (all the GPUs currently mining a coin) * 999? |
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Remember you haven't lost anything if you're HODLING.
It's amazing how many people fail to grasp that simple fact. Of course the opposite is also true. You haven't gained anything while you're still holding. It's kind of like Schrödinger's cat. You put a dead cat in the box, and until you open the box, you can't tell if the cat is dead or alive. ...uhm. OK, I messed something up there, but you get the idea. I mean, there's a good chance the cat wasn't really really dead when you stuck it in the box... or you can forget that the cat was dead, and keep telling yourself that your box contains a very highly valuable cat... Or maybe the cat has turned into a big lump of gold? Alright, never mind. Just forget it. I'll just leave this here.  <==That's how much poorer you are than u waz 24 hrs. ago. |
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