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Author Topic: What happenend to Ethereum?  (Read 5792 times)
Black Fire
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June 25, 2015, 02:39:55 AM
 #21

Ethereum was the biggest altcoin scam EVER.

So far*


Can't see one being bigger than that. 30k BTC. People choke on 100 btc icos now a days.

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irritant
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June 25, 2015, 02:52:58 AM
 #22

Ethereum was the biggest altcoin scam EVER.

So far*


Can't see one being bigger than that. 30k BTC. People choke on 100 btc icos now a days.

how much was the paycoin scam?
Black Fire
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June 25, 2015, 03:02:48 AM
 #23

Ethereum was the biggest altcoin scam EVER.

So far*


Can't see one being bigger than that. 30k BTC. People choke on 100 btc icos now a days.

how much was the paycoin scam?

Not 30,000 Bitcoins worth. It was a huge scam.

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StanLarimer
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June 25, 2015, 03:04:34 AM
 #24

There was already warning in advance.  Ever noticed they had an original IPO in January 2014, based out of Ontario (Canada), but abruptly ended it and later relocated to Switzerland to do their second IPO?  DING DING DING.  That was the first red flag.   If they couldn't run something legally in Canada (which barely regulates crypto compared to the US) then it's indication they were up to no good.


Heh.  Been there done that.  I spent most of last year talking with multiple BIG international law firms about where was the best place to locate a crypto company.  All they could do is tell you that it's a regulatory minefield out there (with moving, heat-seeking mines) and nobody knows what the regulators will do ... including the regulators.

So watching any crypto company pivot and dance just means they are dodging regulatory bullets as they see them coming, nothing more.

AltCoinBuddah
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June 25, 2015, 05:29:17 AM
 #25

I thought everyone knew it was scam by now. 30k BTC coins dumped out on market without any developments at all.  Undecided
rokkyroad
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June 25, 2015, 05:46:56 AM
 #26

Disappearium

Priceless.

Buterin has moved on to another scam IPO. LaZooz.

" If you have to spam and shout to justify your existence then you are a shit coin."  TaunSew
YarkoL
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June 25, 2015, 06:29:16 AM
 #27

Haven't heard of that shitcoin for a long time.

It has entered the Frontier phase and the dev tools are good
enough to do some serious work with.

You have probably not heard about it because Ethereum is not so well
represented here in the Shitcoin & Shill City.

“God does not play dice"
DecentralizeEconomics
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June 25, 2015, 06:36:25 AM
 #28


Goldman + Muppets == Ethereum

"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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June 25, 2015, 08:28:25 AM
 #29

Haven't heard of that shitcoin for a long time.

It has entered the Frontier phase and the dev tools are good
enough to do some serious work with.

You have probably not heard about it because Ethereum is not so well
represented here in the Shitcoin & Shill City.

Ya man, the Monero cocksuckers effectively killed this place...
So now every week a new sociopath takes over... one week it's JokeWeed, the next it's TrannyStew.

https://stats.ethdev.com/
altcoinUK
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June 25, 2015, 04:46:25 PM
 #30

Haven't heard of that shitcoin for a long time.

It has entered the Frontier phase and the dev tools are good
enough to do some serious work with.

You have probably not heard about it because Ethereum is not so well
represented here in the Shitcoin & Shill City.


Shitcoin & Shill City, that's funny :-)))

Please be careful with your statement because you will hurt the feelings of the local resident cheerleaders. After all, for example, the lead developer of Vertcoin is a 17 years old school boy who last week was preparing  for his A level exams (and young man was understandably upset that he doesn't have time to develop the coin which will bring prosper and happiness to humanity) ... and actually he is one of the better devs here as at least the young man is trying to do something meaningful with his time by completing his high school ... oh dear .. oh dear.

Now, we have to compare the 17 years old Vertcoin lead developer to Dr. Gavin Wood, the lead dev of Ethereum. Gavin is a fine scientist and a brilliant C++ developer, and therefore obviously he can't compete with the 17 years old devs in Shitcoin & Shill City. Don't expect the shitcoin foot soldiers/scheerleaders will check out Gavins' code and work even it is public in Github, that's not how they operate, they just scream Ethereum is a scam while getting scammed by con artists on Bitcointalk.

Shitcoin & Shill City is a strange world indeed.
logictense
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June 25, 2015, 05:11:08 PM
 #31


Goldman + Muppets == Ethereum

It doesn't matter. As long as somebody makes a platform to connect key mulitiplication with ethereum contracts in order to make a provable ethereum-bitcoin exchange, then you can create contracts in ethereum that just have the first execution condition being "start when account X has Y money in it". It's like non-zero volume to be valuable. Hell you wouldn't even need to do the money in ethereum coins, the contract could just be fulfilled as executing a very cheap tx which has data in it which is a nonce-password to unlock bitcoins for some party that has another part of the password. Ethereum would just be like namecoin super cheap, and primarily the means to execute the underlying code. Their value would depend solely on the value of the usefulness of the protocol and its differences from bitcoin, which would make people WANT it to work, which would make them WANT to mine it in order to protect and promote that protocol, which would drive up the price of the coins.

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June 25, 2015, 05:39:34 PM
Last edit: June 25, 2015, 05:58:30 PM by benthach
 #32

Haven't heard of that shitcoin for a long time.

people are butthurts so long already, whenever this scam ico release people going to dumps it like crazy
it was too long holding back on their btc, it was around $650 each but now $240 on their btc, good investment  Grin

last count around 64,000,000 ether sold, chance the scam will releasing 200,000,000 of them or more to give to themself, others, and baby dog they brought to office with them. i'm sure they will giving this dog enough ethers so it can live the high life style for the rest of it life, just example, lol. all and all investors(the people bank) will always getting butthurt in this scam world

reddit btcwriter1 - twitter kingpininvestor
Black Fire
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June 25, 2015, 05:40:33 PM
 #33

Ethereum is a scam plain and simple. They haven't produced shit especially for 30,000 btc when it was worth 900$ a coin. Fuck you could build a ship to the moon for real with that.

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June 25, 2015, 07:49:54 PM
 #34

LOL, I wish there was a tip function on this forum!

Disappearium

u/tipbot/traderman/+2000 BTC

or something.

right? I don't Reddit.

This topic was introduced not too long ago, expresses the need for an "Intheoreum" :

https://bitcointalk.org/index.php?topic=1073114.0

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thrax
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June 25, 2015, 11:31:08 PM
 #35


Goldman + Muppets == Ethereum

Your glitter guy post reminded me of this piece of work someone did when the Ethereum IPO was on. I'm not saying Ethereum was originally intended to be a blatant scam, but it's beginning to look worse and worse after each new delay to the project. It will be interesting to see if the end result was worth investing in.

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June 25, 2015, 11:53:38 PM
 #36


Goldman + Muppets == Ethereum

Your glitter guy post reminded me of this piece of work someone did when the Ethereum IPO was on. I'm not saying Ethereum was originally intended to be a blatant scam, but it's beginning to look worse and worse after each new delay to the project. It will be interesting to see if the end result was worth investing in.



nice one... got a good lol on that...
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June 27, 2015, 09:27:16 AM
 #37

Ethereum is a scam plain and simple. They haven't produced shit especially for 30,000 btc when it was worth 900$ a coin. Fuck you could build a ship to the moon for real with that.

That's why IPOs, especially if they collect more than 100 BTC, are always a scam in crypto.

100% of all cryptocurrencies, for the most part, are programmed in the proverbial basement.

To be fair that is really no different from the origin of Apple, Google and numerous tech companies.  But the difference was those companies actually waited many years before issuing a public IPO (sometimes even as long as a decade) and had completed products and revenue streams.


How come Apple and Google didn't need an IPO before releasing stuff but Ethereum needed $16 million and subsequently blew right through it?  As I said IPOs in crypto are largely scams.

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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June 27, 2015, 09:43:43 AM
 #38

Haven't heard of that shitcoin for a long time.

Hello Vitalik.  I see what you did there...

R


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hashtag101
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June 27, 2015, 05:28:00 PM
Last edit: June 27, 2015, 06:00:34 PM by hashtag101
 #39

NEM has implemented some of the stuff as of now

And they plan on doing a lot more that these guys promised. The good stuff.

I trust these guys. They deliver and have been. So it's got to be in my portfolio. There's other crypto to of course. NEM is on list
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June 27, 2015, 06:17:16 PM
 #40

Discussions, development and the testnet are all alive and kicking.  Grin

https://www.reddit.com/r/ethereum/
https://github.com/ethereum/
http://stats.ethdev.com/

A few fixes more and it's ready to go.
https://github.com/ethereum/go-ethereum/milestones/Frontier

NOTE: More productive discussions moved to /r/ethereum because of the hate and FUD here at btt. "Scam" is too easily thrown around.

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