Will Vitalik flee the country after the Eth scheme implodes?

[d57heinz]

Can i ask those of you that think this was made out of thin air

Bitcoins are not created out of thin air solely to enrich the coin issuer.  That's identical to the fiat banking scams we already have.

Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..

^Perfect example of delusional eth scammer.  Even Nick Szabo said BTC functions better as a currency than Eth but you have all these scammers crawling all over Bologniex claiming Eth not only functions (it doesn't, it's useless without partitioning and they can't make it work.  Partioning also defeats the point of Eth in the first place.), but it's better than Bitcoin to boot!

Well that's funny. Seems nick on board aswell lmao.  
"Recently, Szabo contrasted the use of smart contracts on Ethereum in relation to the Bitcoin blockchain, “If you want to have a flexible general purpose programming environment like programmers have been used to since the 1950s at least, then you’re going to want to use Ethereum because it’s got a Turing complete language and a large state. I sometimes make the comparison of a pocket calculator [Bitcoin] versus, say, a general purpose computer [Ethereum].”

Ahh well stay with your aol dialup coin BTC
You must be a bag holder. .  Don't hang on too long or you'll miss the fomo event.  https://blog.ethereum.org/2015/10/22/nick-szabo-confirmed-as-keynote-speaker-of-ethereums-devcon1/


To each their own.  But hands down ethereum will smoke btc any day of the week.  Best better see it for what it is.  Sooner the better!

proof that Szabo isn't satoshi.

Honestly I don't have much knowledge on the whole Whois satoshi debate.  But this certainly doesn't mean that nick isn't Satoshi. inventions are all about an evolution of events that ultimately lead to bigger better things. If you think the wright brothers were the father of flight your wrong.  There were many that came before that failed and another gentlemens book on aerodynamics was what lead the wright brother to flight.  Bitcoin was great in that it got the ball rolling so to speak.  But to think that Bitcoin in its original form was going to ever work as-is is just silly to me.  This the very reason it's open source you think satoshi being as bright as he is didn't realize this? That is why it must either go thru hard forks to improve it.  Or we goto the better solution which is turning out to be ethereum. 


Best Regards
Doug

[Gyrsur]

Can i ask those of you that think this was made out of thin air

Bitcoins are not created out of thin air solely to enrich the coin issuer.  That's identical to the fiat banking scams we already have.

Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..

^Perfect example of delusional eth scammer.  Even Nick Szabo said BTC functions better as a currency than Eth but you have all these scammers crawling all over Bologniex claiming Eth not only functions (it doesn't, it's useless without partitioning and they can't make it work.  Partioning also defeats the point of Eth in the first place.), but it's better than Bitcoin to boot!

Well that's funny. Seems nick on board aswell lmao.  
"Recently, Szabo contrasted the use of smart contracts on Ethereum in relation to the Bitcoin blockchain, “If you want to have a flexible general purpose programming environment like programmers have been used to since the 1950s at least, then you’re going to want to use Ethereum because it’s got a Turing complete language and a large state. I sometimes make the comparison of a pocket calculator [Bitcoin] versus, say, a general purpose computer [Ethereum].”

Ahh well stay with your aol dialup coin BTC
You must be a bag holder. .  Don't hang on too long or you'll miss the fomo event.  https://blog.ethereum.org/2015/10/22/nick-szabo-confirmed-as-keynote-speaker-of-ethereums-devcon1/


To each their own.  But hands down ethereum will smoke btc any day of the week.  Best better see it for what it is.  Sooner the better!

proof that Szabo isn't satoshi.

Honestly I don't have much knowledge on the whole Whois satoshi debate.  But this certainly doesn't mean that nick isn't Satoshi. inventions are all about an evolution of events that ultimately lead to bigger better things. If you think the wright brothers were the father of flight your wrong.  There were many that came before that failed and another gentlemens book on aerodynamics was what lead the wright brother to flight.  Bitcoin was great in that it got the ball rolling so to speak.  But to think that Bitcoin in its original form was going to ever work as-is is just silly to me.  This the very reason it's open source you think satoshi being as bright as he is didn't realize this? That is why it must either go thru hard forks to improve it.  Or we goto the better solution which is turning out to be ethereum.  


Best Regards
Doug

satoshi implemeted a stack-based script language which is not Turing-complete. satoshi knew that a Turing-complete implementation has much more risks. Szabo sounds like he doesn't care about the fact.

Bitcoin uses a scripting system for transactions. Forth-like, Script is simple, stack-based, and processed from left to right. It is purposefully not Turing-complete, with no loops.

[RoomBot]

Re: Poll

I heard Vitalik speak in a distinguished panel at the DC Blockchain Summit, so I vote "None of the Above."

[r0ach]

Re: Poll

I heard Vitalik speak in a distinguished panel at the DC Blockchain Summit, so I vote "None of the Above."

I hear they let Michael Milken and Bernie Madoff speak at distinguished panels too.

[toknormal]

is their a comedy section to this forum.. I guess ill report this and see if maybe we can get this moved there.. Can i ask those of you that think this was made out of thin air What are your views of bitcoin then..  Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..   Good luck with your thread.. im sure it satisfies that little part of your brain;)

When I read posts like this I often wonder if the poster actually realises how Ethereum was designed and for what purpose.

For a start Ethereum tokens were not intended as a store of value. The emission curve is huge - another 20 million coins coming online in 12 months. That means even if it maintains its marketcap, the value of your coins will depreciate by about 28% against Bitcoin.

That's not just FUD - it's by design so that people don't "hoard" it and it gets used for apps etc.

Just sayin - when you post stuff like "BTC is dead" t just wreaks of ignorant drunken fever. What do actually know about how to make a valuation of this crypto ?

[TPTB_need_war]

is their a comedy section to this forum.. I guess ill report this and see if maybe we can get this moved there.. Can i ask those of you that think this was made out of thin air What are your views of bitcoin then..  Get over it.. Fiat is DEAD  BTC is DEAD... Ethereum is the new btc.  Actually it far exceeds what btc could ever hope to be..   Good luck with your thread.. im sure it satisfies that little part of your brain;)

When I read posts like this I often wonder if the poster actually realises how Ethereum was designed and for what purpose.

For a start Ethereum tokens were not intended as a store of value. The emission curve is huge - another 20 million coins coming online in 12 months. That means even if it maintains its marketcap, the value of your coins will depreciate by about 28% against Bitcoin.

That's not just FUD - it's by design so that people don't "hoard" it and it gets used for apps etc.

Just sayin - when you post stuff like "BTC is dead" t just wreaks[reeks] of ignorant drunken fever. What do actually know about how to make a valuation of this crypto ?

How is it possible that you can write such an astute post about Ethereum (and you forgot to tie that original focus into the plan to switch to proof-of-stake with no ongoing debasement), yet totally deny the reality of Dash's scam    Come on, please don't list the 1000s of quantity of masternodes or some other obfuscating illogic. At least I am consistent because I refuse to be involved with any project that is not BOTH technologically and ethically sound.

Re: Cryptocurrencies with a masternode system

In addition to devolving the proof-of-work into a proof-of-stake non-security shitcoin consensus system, more importantly it is a great scam system:

The rest of your post was gracious, but really you don't understand that the insiders stole the supply and then they crafted masternodes which they could own most of, which thus pay them dividends, so they own an eternal supply of coins to P&D with. There is mining debasement that appears to be decentralized, except due to insider control over masternodes, the debasement ends up back in the insiders' pockets for dumping on greater fools.

[WoJJ78]

None of the above, you're just mad you aren't on the train. 

[tyz]

Why should Vitalik flee from Switzerland where he currently lives  There is actually no better country to be.

[r0ach]

Why should Vitalik flee from Switzerland where he currently lives   There is actually no better country to be.

Because angry mobs will go looking for him when you're responsible for creating a giant bubble where people lose millions of dollars in a giant flash crash from a coin that has 0 prospects of being commercially viable.  All nodes have to verify all smart contracts.  It can't be partitioned because:

1) they have no viable solution to do so and it's likely not possible

and

2)  partitioning defeats the entire purpose of eth in the first place.

People claimed Doge was a scam, but no, Doge was just a BTC clone.  It works perfectly fine.  Ethereum does not actually work.  It is a true scam coin.

[Spoetnik]

Re: Poll

I heard Vitalik speak in a distinguished panel at the DC Blockchain Summit, so I vote "None of the Above."

I hear they let Michael Milken and Bernie Madoff speak at distinguished panels too.

Exactly.. and he's wearing an Orange jump suit.. NOW !

Bernard Lawrence "Bernie" Madoff (/ˈmeɪdɒf/;[1] born April 29, 1938) is an American fraudster and a former stockbroker, investment advisor, and financier. He is the former non-executive chairman of the NASDAQ stock market,[2] and the admitted operator of a Ponzi scheme that is considered the largest financial fraud in U.S. history.[3]

Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest on December 11, 2008

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

[d57heinz]

Why should Vitalik flee from Switzerland where he currently lives   There is actually no better country to be.

Because angry mobs will go looking for him when you're responsible for creating a giant bubble where people lose millions of dollars in a giant flash crash from a coin that has 0 prospects of being commercially viable.  All nodes have to verify all smart contracts.  It can't be partitioned because:

1) they have no viable solution to do so and it's likely not possible

and

2)  partitioning defeats the entire purpose of eth in the first place.

People claimed Doge was a scam, but no, Doge was just a BTC clone.  It works perfectly fine.  Ethereum does not actually work.  It is a true scam coin.

Yep all the more reason for satoshi to remain anon.  Who are we going after with the pitch forks when he dumps.  Lmao.  You all sound the fools.  And those of you have a lot to learn about life and ponzi systems.  The fact that mad off was convicted of this crime really is crazy since every system is a ponzi.  I cant think of any systems that aren't afloat without being a ponzi.   I guess planned obsolescence isn't a ponzi in disguise.  You all have a lot to learn !

Sooner we all do away with money and live off the resources the better we all will be.  Monetary systems are destined to fail.  

Best regards
Doug

[r0ach]

Yep all the more reason for satoshi to remain anon.  Who are we going after with the pitch forks when he dumps.

Bitcoin actually works at a somewhat reasonable level.  Eth can't function for it's claimed purpose (because scalability is even more important for Eth than Bitcoin and Eth can't scale) yet they charged people millions with an IPO.  Bitcoins are essentially free for anyone to go and pick up off the ground.  Eth charged people money for a scam.

[d57heinz]

Yep all the more reason for satoshi to remain anon.  Who are we going after with the pitch forks when he dumps.

Bitcoin actually works at a somewhat reasonable level.  Eth can't function for it's claimed purpose yet they charged people millions with an IPO.  Bitcoins are essentially free for anyone to go and pick up off the ground.  Eth charged people money for a scam.

Well im not going to go back and forth over this.. The technology is open source.. IF you dont like this one or btc.. Then make your own or move to another one. These threads are counter productive.. How about if you think its so broken then tell them how to fix,, Contribute something instead of just hot air.. I have no trouble sending eth to and from whomever .,i can send accross borders, i can sell for fiat on exchanges.. So you tell me to the not to techy guy how this is any different.. Ohh i forgot the major one.. Btc is 10 to 30 min in line at a store while i wait for a conf. vs ethereum with 15 second conf.. At the speed of life we have to be at that level not the slow pace of btc.. I love btc in that it got us thinking about the establishment and their bad practices with money creation.  What i ultimately hope is that we transition to a world of NO money.. Abundance for all . We have the technology to do it. We just have to go about it ourselves and break the grip from the establishment.  Anyway im over this thread.. Try being productive instead of destructive.

Best REgards
Doug
d57heinz

[makngeerwork]

When Mark Karpeles performed a magic trick and made $500 million dollars in investor money disappear, people showed up at his doorstep looking for him.  Eth has now been pumped to this same amount of money in an artificial bubble by some type of VC or bank fund manager involvement.  All evidence points to the fact that Eth can't function as a commercially viable product without partitioning, yet they have not solved the required problems, which are likely unsolvable, to make Eth function in such a partitioned system.

We now have the current reality of:  

1)  lack of fundamentals
2)  artificially pumped bubble
3)  anyone who holds alts during the coming BTC halving rise will be slaughtered anyway

This is a perfect storm to wipe out millions of dollars and it looks like Vitalik is on the verge of pulling the same magic trick as Karpeles in making $500 million dollars vaporize from sight.  Due to the fact that most Eth speculators I've seen on the Bologniex casino have literally no idea how any cryptocurrency functions at all, the eth insiders might believe they're safe and don't have to run and can just string people along for eternity and say, "yea yea, we're working on it, we'll fix Eth someday."

Quoted for a discussion when halving happens, this one will be fun to revisit.

[bitbitch]

Why should Vitalik flee from Switzerland where he currently lives  There is actually no better country to be.

and that's the tell. no better country to be in when running the biggest web scam yet seen.

Marc Rich resided there too. LOL.

[RoomBot]

Re: Poll

I heard Vitalik speak in a distinguished panel at the DC Blockchain Summit, so I vote "None of the Above."

I hear they let Michael Milken and Bernie Madoff speak at distinguished panels too.

The 4 OP poll choices would probably not apply to them, so I believe you're making a different point.

[densuj]

No one know about the future.

[adhitthana]

 Charismatic figures a.k.a leaders is one of the thing Bitcoin lacks and the masses need  .

What evidence is there that Bitcoin needs that?

[Ayers]

i don't think he will abandon the ship , he need to maintain an imagine, that alone is worth more than the premined ethereum he is holding

[btcxyzzz]

1)  lack of fundamentals
2)  artificially pumped bubble
3)  anyone who holds alts during the coming BTC halving rise will be slaughtered anyway

What a sweet pile of delusional bullshit.