Is there any real difference in Vitalik of Ethereum and Bobsurplus of crapcoin?

[r0ach]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

[1714920333]

1714920333

[1714920333]

1714920333

[1714920333]

1714920333

[benthach]

they're opportunist scammers
rich people are rich for a reason, they have brain

[tokeweed]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

Edit 2:  And the same can be and have been said to the other devs behind the other crypto 2.0 projects.  But some of them aren't 'scams'.

[r0ach]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

I'm just trying to figure out how people are going to rationalize this.  What are they going to say?  Oh, Vitalik has this enormous brain so he's allowed to do this, he only did it once after all (that we know of).  Bob, on the other hand, has a much smaller brain, therefore he's not allowed to make money doing this.

[tokeweed]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

I'm just trying to figure out how people are going to rationalize this.  What are they going to say?  Oh, Vitalik has this enormous brain so he's allowed to do this, he only did it once after all (that we know of).  Bob, on the other hand, has a much smaller brain, therefore he's not allowed to make money.

Nah.  It just didn't work out for him.  But it's still too early to say really.  Ethereum could still succeed, you know..  I think he just bit a whole lot more than he can chew.  But he'll figure it out.  He needs to be strong in mind from here on.

[canth]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

I'm just trying to figure out how people are going to rationalize this.  What are they going to say?  Oh, Vitalik has this enormous brain so he's allowed to do this, he only did it once after all (that we know of).  Bob, on the other hand, has a much smaller brain, therefore he's not allowed to make money doing this.

Ethereum hasn't exactly failed yet. I think that this is a 3-4 year experiment that we won't really be able to see for a success or failure until later on down the line. Hell, the most anticipated application (Augur) that works with Ethereum hasn't even launched yet.

[tokeweed]

^ Exactly.  It's just people who are supporting and have invested heavily in other projects have their own ulterior motives and personal agendas that's motivating them in tarnishing Ethereum when it hasn't really been in the market that long.

And these same people should know what it's like.  The project they support has been accused of being a scam one way or another at some point and they should be the ones that shouldn't be attempting in doing the same thing.  But hey, we're only human...

[Zombier0]

They are same type of scammers

[smooth]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

I'm just trying to figure out how people are going to rationalize this.  What are they going to say?  Oh, Vitalik has this enormous brain so he's allowed to do this, he only did it once after all (that we know of).  Bob, on the other hand, has a much smaller brain, therefore he's not allowed to make money doing this.

I'm not even sure that's true. Bob is brilliant in his own way.

I also think in a sense Bob is more honest because he at least is up front (at some level) with what he is doing. Vitalik is "well-meaning" as tokeweed calls it only in the sense that he isn't even honest with himself about it (I think -- no way to know for sure).

[benthach]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

I'm just trying to figure out how people are going to rationalize this.  What are they going to say?  Oh, Vitalik has this enormous brain so he's allowed to do this, he only did it once after all (that we know of).  Bob, on the other hand, has a much smaller brain, therefore he's not allowed to make money doing this.

I'm not even sure that's true. Bob is brilliant in his own way.

I also think in a sense Bob is more honest because he at least is up front (at some level) with what he is doing. Vitalik is "well-meaning" as tokeweed calls it only in the sense that he isn't even honest with himself about it (I think -- no way to know for sure).

no opportunist is honest, they manipulate.
manipulate itself in my book is not honest.

[smooth]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

I'm just trying to figure out how people are going to rationalize this.  What are they going to say?  Oh, Vitalik has this enormous brain so he's allowed to do this, he only did it once after all (that we know of).  Bob, on the other hand, has a much smaller brain, therefore he's not allowed to make money doing this.

I'm not even sure that's true. Bob is brilliant in his own way.

I also think in a sense Bob is more honest because he at least is up front (at some level) with what he is doing. Vitalik is "well-meaning" as tokeweed calls it only in the sense that he isn't even honest with himself about it (I think -- no way to know for sure).

no opportunist is honest, they manipulate.
manipulate itself in my book is not honest.

"in a sense"

Everyone with half a brain (even a mouse-sized one) knows exactly what Bobsurplus is doing. Once that is true it becomes a big poker game. Manipulation in poker is not dishonest, it is part of the game.

[benthach]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

I'm just trying to figure out how people are going to rationalize this.  What are they going to say?  Oh, Vitalik has this enormous brain so he's allowed to do this, he only did it once after all (that we know of).  Bob, on the other hand, has a much smaller brain, therefore he's not allowed to make money doing this.

I'm not even sure that's true. Bob is brilliant in his own way.

I also think in a sense Bob is more honest because he at least is up front (at some level) with what he is doing. Vitalik is "well-meaning" as tokeweed calls it only in the sense that he isn't even honest with himself about it (I think -- no way to know for sure).

no opportunist is honest, they manipulate.
manipulate itself in my book is not honest.

"in a sense"

Everyone with half a brain (even a mouse-sized one) knows exactly what Bobsurplus is doing. Once that is true it becomes a big poker game. Manipulation in poker is not dishonest, it is part of the game.

i don't see poker player and crypto creator manipulate in an equal playing field, crypto creator control all the cards. i see only the full brain ones will get it

[r0ach]

ulterior motives and personal agendas that's motivating them in tarnishing Ethereum

I just think we're doing a disservice to Bob.  Too much praise and an almost cult like following is being given to Vitalik.  Bob should be given speaking engagements as well.

[tokeweed]

ulterior motives and personal agendas that's motivating them in tarnishing Ethereum

I just think we're doing a disservice to Bob.  Too much praise and an almost cult like following is being given to Vitalik.  Bob should be given speaking engagements as well.

lol.  wtffff?

[tokeweed]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

I'm just trying to figure out how people are going to rationalize this.  What are they going to say?  Oh, Vitalik has this enormous brain so he's allowed to do this, he only did it once after all (that we know of).  Bob, on the other hand, has a much smaller brain, therefore he's not allowed to make money doing this.

I'm not even sure that's true. Bob is brilliant in his own way.

I also think in a sense Bob is more honest because he at least is up front (at some level) with what he is doing. Vitalik is "well-meaning" as tokeweed calls it only in the sense that he isn't even honest with himself about it (I think -- no way to know for sure).

So you're basically saying Buterin had a malicious plan of scamming people out of their money from the beginning while keeping a front of a well meaning individual who's trying to create something great?

[smooth]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

I'm just trying to figure out how people are going to rationalize this.  What are they going to say?  Oh, Vitalik has this enormous brain so he's allowed to do this, he only did it once after all (that we know of).  Bob, on the other hand, has a much smaller brain, therefore he's not allowed to make money doing this.

I'm not even sure that's true. Bob is brilliant in his own way.

I also think in a sense Bob is more honest because he at least is up front (at some level) with what he is doing. Vitalik is "well-meaning" as tokeweed calls it only in the sense that he isn't even honest with himself about it (I think -- no way to know for sure).

So you're basically saying Buterin had a malicious plan of scamming people out of their money from the beginning while keeping a front of a well meaning individual who's trying to create something great?

I answered on the other thread. I don't think most things in life are really black or white.

[newb4now]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

This thread is a joke.

Vitalik is a talented developer and Bobsurplus does not even know how to code (I think he admitted this himself).

I absolutely understand why many people have concerns about ICOs and presales but this is not a fair comparison at all.

Vitalik will continue to support Ethereum long term. Bobsurplus has a history of jumping from coin to coin after he has extracted maximum profits

[smooth]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

This thread is a joke.

Vitalik is a talented developer and Bobsurplus does not even know how to code (I think he admitted this himself).

I absolutely understand why many people have concerns about ICOs and presales but this is not a fair comparison at all.

Vitalik will continue to support Ethereum long term. Bobsurplus has a history of jumping from coin to coin after he has extracted maximum profits

So your answer to the question in the topic is "Yes". Fair enough.

My follow up question would be "Are there any real similarities between Vitalik of Ethereum and Bobsurplus of crapcoin?"

[newb4now]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

This thread is a joke.

Vitalik is a talented developer and Bobsurplus does not even know how to code (I think he admitted this himself).

I absolutely understand why many people have concerns about ICOs and presales but this is not a fair comparison at all.

Vitalik will continue to support Ethereum long term. Bobsurplus has a history of jumping from coin to coin after he has extracted maximum profits

So your answer to the question in the topic is "Yes". Fair enough.

My follow up question would be "Are there any real similarities between Vitalik of Ethereum and Bobsurplus of crapcoin?"

I suppose you could argue that the way they raised funding was similar (build large hype and then raise funds in an ICO or presale). Besides that I don't see much in common.

The amount of development work going into Ethereum has already surpassed the total development efforts of all Bobsurplus coins combined

[smooth]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

This thread is a joke.

Vitalik is a talented developer and Bobsurplus does not even know how to code (I think he admitted this himself).

I absolutely understand why many people have concerns about ICOs and presales but this is not a fair comparison at all.

Vitalik will continue to support Ethereum long term. Bobsurplus has a history of jumping from coin to coin after he has extracted maximum profits

So your answer to the question in the topic is "Yes". Fair enough.

My follow up question would be "Are there any real similarities between Vitalik of Ethereum and Bobsurplus of crapcoin?"

I suppose you could argue that the way they raised funding was similar (build large hype and then raise funds in an ICO or presale). Besides that I don't see much in common.

The amount of development work going into Ethereum has already surpassed the total development efforts of all Bobsurplus coins combined

So has the amount of money raised, right? Apples to apples...

[tokeweed]

I think the answer will depend more on the success of Ethereum in the future.  It will all depend on Buterin himself now.  Stick to the project and make it a success with ETH going up and staying up or the project failing will probably satisfy lots of people from both sides of the argument.

Only time will tell.

[kelsey]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

i think you missed something there's a huge difference between the to, for a start Vitalik starts with a V and Bob starts with a B 

[DecentralizeEconomics]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

i think you missed something there's a huge difference between the to, for a start Vitalik starts with a V and Bob starts with a B 

I Lol'd.   

[r0ach]

i think you missed something there's a huge difference between the to, for a start Vitalik starts with a V and Bob starts with a B  

[Come-from-Beyond]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

https://en.wikipedia.org/wiki/False_equivalence:

False equivalence is a logical fallacy which describes a situation where there is a logical and apparent equivalence, but when in fact there is none.

[r0ach]

False equivalence is a logical fallacy which describes a situation where there is a logical and apparent equivalence, but when in fact there is none.

"When he first stumbled on to bitcoin in 2011, it didn’t grab him (Vitalik). “I ignored it,” he says. “I thought it had no intrinsic value, so it had to fail.”  Then, in 2013, just as he was about to lose interest in the thing, the price of bitcoin skyrocketed."

[Come-from-Beyond]

Happening what?

[r0ach]

Happening what?

Bob and Vitalik, two different guys who believe their coins have no instrinsic value selling you an IPO !

[Come-from-Beyond]

Bob and Vitalik, two different guys who believe their coins have no instrinsic value, selling you an IPO !

If you keep sticking to false equivalence fallacy then you won't ignite a constructive discussion. If your real intention is to troll, just let me know and I'll play with you in "post a funny meme" game. With pleasure.

[r0ach]

If you keep sticking to false equivalence fallacy then you won't ignite a constructive discussion. If your real intention is to troll, just let me know and I'll play with you in "post a funny meme" game. With pleasure.

Isn't the phrase false equivalence itself a red herring?  I'm pretty sure red herring defense trumps false equivalence attack.

[Come-from-Beyond]

Isn't the phrase false equivalence itself a red herring?

No.

[spartacusrex]

First, I am far from thinking that Ethereum is in REAL trouble.

I hope Vitalik pulls through, and can look back at this all and laugh someday.

..

Next, I think the question boils down to whether the final outcome is all that matters when branding someone a scammer ?

Obviously Vitalik and Bob are completely different people. Everyone is.

But thinking that someone is 'well meaning' is very subjective.

I too think Vit sounds like a nice guy uber-nerd. Don't know him. Can't really say.

But IF at the end of the day, 2 similar situations both result in investor money going AWOL, no matter the reason, are they not in some way in the same boat ?

I would say that NEITHER is a scammer.

If you put money into a scheme, it's your call, and no one else's.

If you want to blame someone, look in the mirror.

Luckily 'experientia docet' 

[crypto jerk]

Difference is Vitalik got into bed with Goldmansachs the vampire squid enemy of humanity.


Vs
Bob who wishes he could get into bed with Goldmansachs

[Tobo]

Difference is Vitalik got into bed with Goldmansachs the vampire squid enemy of humanity.
Vs
Bob who wishes he could get into bed with Goldmansachs

I really hope that Ether can have Goldman Sachs (or any big banks and companies) on board with them. Isn't it what every coin hoping to have?

And you should be hurry. Otherwise they will build their own chains - http://www.coindesk.com/citi-hsbc-partner-with-r3cev-as-blockchain-project-adds-13-banks/

[crypto jerk]

Difference is Vitalik got into bed with Goldmansachs the vampire squid enemy of humanity.
Vs
Bob who wishes he could get into bed with Goldmansachs

I really hope that Ether can have Goldman Sachs (or any big banks and companies) on board with them. Isn't it what every coin hoping to have?

Stockholm syndrome, or capture-bonding, is a psychological phenomenon in which hostages express empathy and sympathy and have positive feelings toward their captors, sometimes to the point of defending and identifying with the captors.

[herzogzwei]

no diff at all. they use same strategy to get ya money. you buy - they sell. all u ve to know is how to ride on these waves man

[Tobo]

Difference is Vitalik got into bed with Goldmansachs the vampire squid enemy of humanity.
Vs
Bob who wishes he could get into bed with Goldmansachs

I really hope that Ether can have Goldman Sachs (or any big banks and companies) on board with them. Isn't it what every coin hoping to have?

Stockholm syndrome, or capture-bonding, is a psychological phenomenon in which hostages express empathy and sympathy and have positive feelings toward their captors, sometimes to the point of defending and identifying with the captors.

Sorry you feel and evaluate the relationships in life in that way. We are talking about business and moon here.

[crypto jerk]

It's quite alright mate. I'm going to assume you arn't aware of all of the evil Goldmansachs has caused.

The moon is made of blood.

Goldmansachs business is in killing, fraud, scams, extortion, and misery

& Business is good.



http://www.thecommonsenseshow.com/2013/09/19/the-worlds-most-evil-corporation-issues-a-dire-warning/



http://www.slate.com/blogs/moneybox/2013/07/21/goldman_sachs_commodities_scam_how_does_it_work.html



http://www.huffingtonpost.com/2010/04/16/goldman-sachs-fraud-expla_n_540938.html

[nihilnegativum]

just remember there is more to crypto than its price...

[tss]

alot of these people have great intentions and some good ideas.  unfortunately when they get the money in their accounts some or most of them decide to spend it on nice shiny things rather than coding.   eth had some great promises but i surely would have thought by now they would have something to show for it rather than say... ooopps we ran out of money, heres some bullshit code, its up to the community now to work for free to make it happen.

[rokkyroad]

alot of these people have great intentions and some good ideas.  unfortunately when they get the money in their accounts some or most of them decide to spend it on nice shiny things rather than coding.   eth had some great promises but i surely would have thought by now they would have something to show for it rather than say... ooopps we ran out of money, heres some bullshit code, its up to the community now to work for free to make it happen.

At least Vitalick gives a timeline for community takeover. Most give no warning and disappear with the moolah leaving the community to pick of the pieces. It does put Eth one rung up from most community takeovers.

If that's any consolation.

[Denker]

they're opportunist scammers
rich people are rich for a reason, they have brain

You mean they have no conscience!

[crypto jerk]

Vitalik was involved with mastercoin at the beggining even if in an advisory role. He saw the $ potential and went for it.


I watched mastercoin ipo from the beggining. After they raised all their money and put crypto ico on the map all these people started leeching onto the project. If you saw their original webpage they had alot of people all looking to feed off the trough of investor money. Well that money dried up real quick and in the same manner as etherium, and several leeches dissapeared after drinking as much as they could. Some even moved to etherium when vitalik like the pied piper led them away to an even bigger trough with bigger promises.

Its a pitty. Chaulk this one up to, too many cooks in the kitchen and too many hands in the pot!

 

[solid12345]

If enough people had faith in the project there would be enough liquidity that even the biggest holders could sell out and the price would keep chugging along as normal.

Unfortunately in crypto people take big dumps as a sign to get out now.

[RealBitcoin]

I just think, and this is my opinion, that Ethereum is a big fucking scam.

Similar to Paycoin, etc...

There are too many coins here that promise you the stars and in reality only give your donkey shit. Ethereum is one of them.

The turing language is bullshit, they dont even have a wallet 

[spartacusrex]

From Reddit :

"The highest salary is $190,000, followed by $180,000, followed by something in the 150s (I personally am not even in the top 3; mine is 137k CHF/year). For refrence, Gavin Andresen's salary was ~$210,000 when he was working for the Bitcoin Foundation; it got published somewhere and I have a link in an old post on reddit. The people who earn the most per hour are probably our external security auditing partners that make $300/h."

Vitalik, do you think it makes sense that you make 150k usd a year?

Others in the foundation (ie. the ones who actually decided these salary numbers) offered me $185k at one point; I declined. Are those numbers reasonable? I'll admit I'm not qualified to judge, though I find the arguments that were raised both internally and in comments on this thread that others in similar positions earn as much or more reasonable. No idea about Brian Armstrong, but the only two high-level crypto industry salaries we have that got leaked are Gavin Andresen at $208k and Changpeng Zhao at $240k so we're clearly not too far off (Note that all this may be a tu quoque fallacy, but then the whole concept of "paying X percent below market rates" is tu quoque all the way down in any case).

  ...

Errr.. I've changed my mind. Vitalik and his crew are greedy bastards.. 

He's talking about those numbers as if they had one less zero.

[tokeweed]

The people at the top should be the last ones to get a large part of the moneyuntil the project is proven a success. Anyway, after doing some research and asking around about Ethereum, it would seem they hurried to get the 'frontier' release before their foundation's money ran out and before that got leaked to the public.  So they timed it while the hype was still very much alive.  

And some people close to the project (aka the insiders) who bought large allocations of ETH during the presale got first word on what's really up and got to dump first on the clueless buyers expecting Ethereum to be the holy grail of crypto.

So yeah, that's the story I got.

[smooth]

before their foundation's money ran out and before that got leaked to the public.

That can't be, there was transparent accounting right?

We will have transparent accounting

[tokeweed]

Where is it?  Who's the accountant?

[Come-from-Beyond]

a blockchain company whose records are not on the blockchain?  ... what's this world coming to?

A company having absolute transparent bookkeeping is a chimera. Even if it manages to emerge it will soon disappear pushed out of the market by competitors keeping their secrets.

[Tobo]

http://www.ibtimes.co.uk/vitalik-buterin-theorises-about-monetising-ethereum-browser-price-bitcoin-education-china-1522075

[RealBitcoin]

From Reddit :

"The highest salary is $190,000, followed by $180,000, followed by something in the 150s (I personally am not even in the top 3; mine is 137k CHF/year). For refrence, Gavin Andresen's salary was ~$210,000 when he was working for the Bitcoin Foundation; it got published somewhere and I have a link in an old post on reddit. The people who earn the most per hour are probably our external security auditing partners that make $300/h."

I like how people are generous, with other people's money

Its just when the bitcoin foundation paid the secretary 200k $ or something like that?


Its fucking unbelievable. Guys dont give more money to these pricks, they have no idea how to organize themselves.

[tokeweed]

http://www.ibtimes.co.uk/vitalik-buterin-theorises-about-monetising-ethereum-browser-price-bitcoin-education-china-1522075

He is thinking way ahead.  Get the network beyond frontier release first.  Fix bugs.  Make sure everything is good and ready before of thinking about fleecing people with even more money.

[vaporware asset wizard]

From Reddit :

"The highest salary is $190,000, followed by $180,000, followed by something in the 150s (I personally am not even in the top 3; mine is 137k CHF/year). For refrence, Gavin Andresen's salary was ~$210,000 when he was working for the Bitcoin Foundation; it got published somewhere and I have a link in an old post on reddit. The people who earn the most per hour are probably our external security auditing partners that make $300/h."

Vitalik, do you think it makes sense that you make 150k usd a year?

Others in the foundation (ie. the ones who actually decided these salary numbers) offered me $185k at one point; I declined. Are those numbers reasonable? I'll admit I'm not qualified to judge, though I find the arguments that were raised both internally and in comments on this thread that others in similar positions earn as much or more reasonable. No idea about Brian Armstrong, but the only two high-level crypto industry salaries we have that got leaked are Gavin Andresen at $208k and Changpeng Zhao at $240k so we're clearly not too far off (Note that all this may be a tu quoque fallacy, but then the whole concept of "paying X percent below market rates" is tu quoque all the way down in any case).

  ...

Errr.. I've changed my mind. Vitalik and his crew are greedy bastards..  

He's talking about those numbers as if they had one less zero.

the only successful crypto funding model we've seen thus far is NXT ... small amount of community money, people working to increase the value of their stack, some people paid for specific projects mostly from donations - it's not pretty but it does seem to work.

No money, no marketing ... the Black Swan combo ... very little scope for scams inside the core dev team & always lean and mean

[r0ach]

the only successful crypto funding model we've seen thus far is NXT ... small amount of community money, people working to increase the value of their stack, some people paid for specific projects mostly from donations - it's not pretty but it does seem to work.

No money, no marketing ... the Black Swan combo ... very little scope for scams inside the core dev team & always lean and mean

In the same week that someone posts a picture of a Lamborghini with NXT written on it, NXT's main current exchange, Poloniex, only needs a 32btc sell to send NXT to 0.  Something is not quite matching up here...

[tokeweed]

Yeah...  But it would take that same Lamborgini to get NXT to top 5 again. 

[Come-from-Beyond]

Poloniex, only needs a 32btc sell to send NXT to 0.  Something is not quite matching up here...

This is called "paradox". A lot of objects in this reality look counterintuitive, especially if they are black swans. They set certain requirements to object's cognition level for their successful analysis. Narrow-minded people can't grasp inner structure of objects, this is how paradoxes appear. Nassim Taleb is a good example of an object with proper analytical abilities, Marc De Mesel (who bought that Lambo) is another example. How many Lambos did you buy? I bet none, otherwise you wouldn't make the quoted post.

[r0ach]

How many Lambos did you buy?

I prefer boats.

[gjhiggins]

Narrow-minded people can't grasp inner structure of objects, this is how paradoxes appear.

The definitional citations are irrelevant, your key statement (quoted) is unsupported and, as expressed, false.


Cheers

Graham

[Come-from-Beyond]

The definitional citations are irrelevant, your key statement (quoted) is unsupported and, as expressed, false.


Cheers

Graham

Aye, it seems. Was just trolling r0ach typing random words.

[r0ach]

The strangest explanation ever presented for why Ethereum volume was down.

[tokeweed]

[Bobsurplus]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

I dont create coins nor do I ever issue any ipo's. I invest in many ipo style coins because I dont have any mining gear so I cant get into mined coins. I often promote for the project I've invested in but that's only natural for anyone to want to share news about an investment he made and hopes will pay off.

I have no comment on the the ethereum project. Just wanted to clear a few things up here.

[Bobsurplus]

Buterin is well meaning.  It isn't like he planned to scam people from the beginning.  And wtf are you trying to do by opening this thread.

Edit:  Oh and sock puppets coming up...  

I'm just trying to figure out how people are going to rationalize this.  What are they going to say?  Oh, Vitalik has this enormous brain so he's allowed to do this, he only did it once after all (that we know of).  Bob, on the other hand, has a much smaller brain, therefore he's not allowed to make money doing this.

I'm not even sure that's true. Bob is brilliant in his own way.

I also think in a sense Bob is more honest because he at least is up front (at some level) with what he is doing.

Bravo dude. Finally, Someone who get's the picture.

[Spoetnik]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

This thread is a joke.

Vitalik is a talented developer and Bobsurplus does not even know how to code (I think he admitted this himself).

I absolutely understand why many people have concerns about ICOs and presales but this is not a fair comparison at all.

Vitalik will continue to support Ethereum long term. Bobsurplus has a history of jumping from coin to coin after he has extracted maximum profits

"concerns"? .. I got far more than that!
Every IPO, ICO etc is scammy bullshit!

All they are.. Are digital ponzi token pushers with their hands out.

Edit:
If you can't financially support your venture on launch don't expect me to pay for it.
If they were an acceptable investment the financial world would be involved..
Hmm I wonder why they stay away?
Besides you can't strut around the crypto scene pretending this is a REGULATED scene/market stealing jargon and other assorted regulated market stuff.

Edit2:
Take Blocknet for example he admitted he had 75% of the coding done before posting about it.
Then showed up here asking for a million dollars usd in Bitcoin to finish/continue it..
When I asked him why so much he said "to ensure it's a success"  oh Danny LOL
Yeah I'd say if you suckered these greedy morons around here into giving you a million dollars for an ICO then yeah I guess you can call it a success ahahahahaha
How much did it cost him to do the previous 75% of the work then?
3 million?
Hmm strange I have been coding since 2002 roughly and wrote a lot of code and never got paid a cent..  Maybe I should have asked for a million dollars then posted the code on Github so You guys can do the work for free for me then walk off with the cash claiming the community failed to support my venture..
Sound familiar?

The funny thing is always watching you guys rationalize bad behavior around here..
I admit it's the main reason I have come here.. It amuses my balls off watching idiots try LOL

[r0ach]

"concerns"? .. I got far more than that!

Spoederman has spoken.

[tokeweed]

^ Made me ROFLOLMAO irl!

[Spoetnik]

LOL I often end topics..
In fairness though I find mods go through my comment history looking to delete stuff
While everyone else gets away with any useless comment allowed to stay.
I posted a new comment saying the Jackpot coin wallet was updated
On an old topic I made / bumped.. Mods deleted it.. Every page citing "advertising"
Funny the topic was fine for ages and bam.. Gone.
They do that to me a lot here over the years.
And it's dumb looking at meme posts or people posting LOL etc
Their comments stay.. Why am I watched like a hawk?
That is why I gave up posting topics about coins.. I am not allowed to make any..
They get removed for advertising.. Even though the whole forum gets hammered by
The same guys creating obviously advertising topics like the 500 page Montero one
Or guys hang around posting pointless insults..
I posted some rabbit meme's and I was banned before.
But guys can follow me around posting Spider-Man meme pics..
What exactly did that contribute to the topic?
Ahaha good old BCT forums  

[CoinBateman]

The way eth is going I'm surprised there hasn't  been a class action suit against vitalik and Co.  

I find it ultra disgusting to have obtained so much funding, produced so little, run out of money somehow and then lay the guilt to their community constantly reminding us that their budget costs them this and that and that means they only have x amount of time left unless the community donates even more money..

[bob scammed circ]

bob deserves nothing more than his girlfriend gekko's pecker up his anus

he will get what he deserves

that i can assure you

LOL I often end topics..
In fairness though I find mods go through my comment history looking to delete stuff
While everyone else gets away with any useless comment allowed to stay.
I posted a new comment saying the Jackpot coin wallet was updated
On an old topic I made / bumped.. Mods deleted it.. Every page citing "advertising"
Funny the topic was fine for ages and bam.. Gone.
They do that to me a lot here over the years.
And it's dumb looking at meme posts or people posting LOL etc
Their comments stay.. Why am I watched like a hawk?
That is why I gave up posting topics about coins.. I am not allowed to make any..
They get removed for advertising.. Even though the whole forum gets hammered by
The same guys creating obviously advertising topics like the 500 page Montero one
Or guys hang around posting pointless insults..
I posted some rabbit meme's and I was banned before.
But guys can follow me around posting Spider-Man meme pics..
What exactly did that contribute to the topic?
Ahaha good old BCT forums  

you dont end topics

 youre just another troll piece of shit most ignore

go back to sucking off spots

[bob scammed circ]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

I dont create coins nor do I ever issue any ipo's. I invest in many ipo style coins because I dont have any mining gear so I cant get into mined coins. I often promote for the project I've invested in but that's only natural for anyone to want to share news about an investment he made and hopes will pay off.

I have no comment on the the ethereum project. Just wanted to clear a few things up here.

you are nothing but a sad pathetic lowlife

as i said your day will come

that i assure you

lonely piece of trash

[r0ach]

I have no comment on the the ethereum project.

Is this due to the fact that the Ethereum blockchain is increasing in size at alarming levels?  Is this bullish for Bobcoin?

[tokeweed]

I have no comment on the the ethereum project.

Is this due to the fact that the Ethereum blockchain is increasing in size at alarming levels?  Is this bullish for Bobcoin?

Is it?  Can you point us to a discussion about it or something?

Thanks.

[fewords]

I also think in a sense Bob is more honest because he at least is up front (at some level) with what he is doing.

Bravo dude. Finally, Someone who get's the picture.

same as investigators think!

btw comparing a talented developer with such a scum it's ridiculous
are you all envious of his skills maybe? i'm sure most of critics come from people that cannot even write some CSS code

[Tinkles]

From trollbox:

"Cern are working on a ETH powered time displacement device to send naked Vitalik back through a worm whole."

Can Bob Surplus do that?

Didn't think so.

[shanem]

Bobsurplus is worst. He jumps into different altcoins every now and then. At least Vitalik will stay with his coin although his reward is much bigger than Bobsurplus.

[bit1]

Leaving out to Vitalik for now,

Maybe I could answer with another question:
    
Is there any real difference in Mark Lyford of Banx Shares and Igospot of Gorillas Coins Saga?

Or Is there any difference on both with Bobsurplus?

[RealBitcoin]

So ETH is going up again, looks like traders dont even care about the background of ETH and how it is managed.

They will trade even their garbage just to look for a few % gains.

[RealBitcoin]

oh, you must have missed the Microsoft partnership news:

http://techcrunch.com/2015/10/28/microsoft-partners-with-consensys-to-use-ethereum-to-provide-blockchain-as-a-service/

Welcome to Bitcoin2.O

No GUI client, no proper wallet. I dont care if they partner with God, until they don't put out a proper client, I`m skeptical.

Also I`m skeptical about their management methodology. It's not like Madoff didn't fool big companies didn't he?

[tokeweed]

Just trade it for BTC profit.  That's what its there for.

[TrueAnon]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

I dont create coins nor do I ever issue any ipo's. I invest in many ipo style coins because I dont have any mining gear so I cant get into mined coins. I often promote for the project I've invested in but that's only natural for anyone to want to share news about an investment he made and hopes will pay off.

I have no comment on the the ethereum project. Just wanted to clear a few things up here.

you are nothing but a sad pathetic lowlife

as i said your day will come

that i assure you

lonely piece of trash

+1  lol at him trying to make it seem like he's innocent or not the bad guy.

wow serious mental issues.

[tokeweed]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

I dont create coins nor do I ever issue any ipo's. I invest in many ipo style coins because I dont have any mining gear so I cant get into mined coins. I often promote for the project I've invested in but that's only natural for anyone to want to share news about an investment he made and hopes will pay off.

I have no comment on the the ethereum project. Just wanted to clear a few things up here.

you are nothing but a sad pathetic lowlife

as i said your day will come

that i assure you

lonely piece of trash

+1  lol at him trying to make it seem like he's innocent or not the bad guy.

wow serious mental issues.

And lol to the guy who created this thread comparing Buterin with Bob.  This is clearly a smear campaign against Buterin and Ethereum because OP is a known Bitshares supporter.

How could I have missed that earlier.

[ridery99]

I don't know somebody made money with bob

[Bobsurplus]

Happening what?

Bob and Vitalik, two different guys who believe their coins have no instrinsic value selling you an IPO !

LOL, i just pissed in my pants!

[sinner]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

ethereum spent money on marketing while still vaporware. what % of the ethereum vision is currently vaporware?

[TravelsAsia]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

Feel like spamming with anymore of these Ethereum threads this week? You guys are fun to watch, keep at it.

[stoat]

What a moronic thread

[Snail2]

Bob creates random coin named something like Donkeycoin, issues an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

Vitalik creates coin, issues an IPO, calls it not an IPO, uses the IPO money to manipulate the market and pump the coin, then dumps on everyone.

What exactly is the difference here?

I dont create coins nor do I ever issue any ipo's. I invest in many ipo style coins because I dont have any mining gear so I cant get into mined coins. I often promote for the project I've invested in but that's only natural for anyone to want to share news about an investment he made and hopes will pay off.

I have no comment on the the ethereum project. Just wanted to clear a few things up here.

you are nothing but a sad pathetic lowlife

as i said your day will come

that i assure you

lonely piece of trash

Leave him alone. Everybody with a half brain here knows that if Bob got involved in a coin he did that for profit, not for love or for charity. He never denied that. Invest accordingly.

[TPTB_need_war]

Re: ... any real difference ... of crapcoins?

What a[n oxy]moronic thread

FTFY

[stoat]

This thread is just too wrong headed

[TPTB_need_war]

This thread is just too wrong headed

In every meritocracy I have been involved in within my 50 years here on earth, whether it be team sports or team development of software, whether someone had ostensibly good or bad intentions was irrelevant. What mattered is what did they produce. If both Vitalik and Bobsurplus promulgate crapcoins, then is there any real difference. Not in a meritocracy of competition. Maybe at your church or social gathering there is a difference.