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Author Topic: Eth pump is just part of the ongoing coordinated attack on bitcoin....  (Read 4863 times)
Jordan23
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March 12, 2016, 09:20:17 PM
 #21

I don't care either way. May the best coin win. However, this smells of manipulated pump like so many others over the years.
bargainbin
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March 12, 2016, 09:20:36 PM
 #22

Seriously  Huh  like what is your problem with eth ?  
Where can I use my Ether? Oh right, nowhere.

Well, there's
Bitfinex is pleased to announce upcoming support for trading Ether.
No more having to cash out through BTC Sad

well that is not using, that is speculating....

anyway i'm only mining ethereum and dumping for bitcoin, like any sane person would do

Curious fact: Speculation is use.
Or did you mean use like ransomware & overpriced drugs on notoriously unreliable markets, Bitcoin's 2 main non-speculative use scenarios?

no i meanx use it to buy legal items, any other thing is not what i would call usage

Ah, you mean "buying stuff for way too much, in ways that make Rube Goldberg seem terse and totally not funny"?
Like buying BTC with fiat (paying premium), to buy overpriced item (because totally worth it; merchant accepts BTC!!!1!), so BitPay could sell your BTC & sends resultant fiat to the BTC merchant?
Gotcha!
Srs bizniz, this Bitcoin Roll Eyes

... this smells of manipulated pump like so many others over the years.

Yeah, still giggle when I think about rubes buying BTC @ $1200.
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March 12, 2016, 09:22:10 PM
 #23

All i know is that its fast growth causes quite something. I stumbled upon some people on this forum who actually interested on investing ether, but with their current condition, its quite problematic. They have less online wallet and exchanger than other well-known cryptocurrency such as doge or lite, making some people double think before buying. Also, faucet (which attract and will introduce the coin to most people) is a long way to go because of their low rate and ether's 0.05 minimum WD/deposit. So will it replace btc? Not for now, I believe. But its a good exchange coin.

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davedx
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March 12, 2016, 09:22:24 PM
 #24

Get your tight buns on r/btc. They'll lap up whatever screechy conspiracies you can cook up.


You mean one of the main hubs for attacking bitcoin and pumping eth? Reddit crypto communities are a cesspit of buttcoin eth pumping sockpuppets spending their days and nights manipulating votes from their basement.

The irony is extreme.

Maybe, just maybe, the thousands of people who moved from /r/bitcoin to /r/btc did so for other reasons than to "manipulate votes from our basements"? Cheesy

You people are beyond belief.

Bitcoin is one piece of a larger puzzle to promote liberty, prosperity and democracy.
Support the EFF with your Bitcoins. https://supporters.eff.org/donate
calkob
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March 12, 2016, 09:22:30 PM
 #25

Incoming:"Microsoft controls Ethereum".

What you have to ask is, is it possible to implement ETH where BTC is currently being accepted?
I don't care, nor do I want that to happen.

Here you go:
...
In comparison to Bitcoin is what I meant.

Lauda i am pretty surprised at you saying this, i had thought that you where one pretty sensible guy Huh but seriously are you telling me that just because you cant use ether (which is pretty petty to be honest, i live in Ireland, within about 400 miles i can by a coffee in bitcoin in one shop)  then it is some sort of pump and dump ?  
What kind of argument is this? "I'm invested in Ether and you are insensible because you dislike it"? My 3 points stand strong. Again, it is a fact that the merchant adoption is very weak in comparison to BTC (I'll assume LTC has better than Ether); it is a fact that there were bots promoting ETH on reddit and it is a fact that there are bots spamming "Bitcoin dying; ETH up" rubbish here, ergo the chances of this being coordinated are very high.
Can't you use logic?

My logic would tell me that you missed out on Ether and are raging...... haha enjoy the rage quite big lad......... Grin
watashi-kokoto
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March 12, 2016, 09:24:20 PM
 #26

The irony is extreme.
Maybe, just maybe, the thousands of people who moved from /r/bitcoin to /r/btc did so for other reasons than to "manipulate votes from our basements"? Cheesy
You people are beyond belief.

Ironic shill is ironic while ironic so she can shill while she shills.
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March 12, 2016, 09:59:27 PM
 #27

Seriously  Huh  like what is your problem with eth ?  
Where can I use my Ether? Oh right, nowhere.

Well, there's
Bitfinex is pleased to announce upcoming support for trading Ether.
No more having to cash out through BTC Sad

well that is not using, that is speculating....

anyway i'm only mining ethereum and dumping for bitcoin, like any sane person would do

Curious fact: Speculation is use.
Or did you mean use like ransomware & overpriced drugs on notoriously unreliable markets, Bitcoin's 2 main non-speculative use scenarios?

no i means use it to buy legal items, any other thing is not what i would call usage

Ah, you mean "buying stuff for way too much, in ways that make Rube Goldberg seem terse and totally not funny"?
Like buying BTC with fiat (paying premium), to buy overpriced item (because totally worth it; merchant accepts BTC!!!1!), so BitPay could sell your BTC & sends resultant fiat to the BTC merchant?
Gotcha!
Srs bizniz, this Bitcoin Roll Eyes

no, i simply buy on purseio, with amazon and i get a huge discount, why i should use fiat? or even ethereum lol

altcoin are full clone in terms of usage they offer zero advantages over bitcoin, don't bring the usual confirmation time bullshit, that is a non-issue
bargainbin
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March 12, 2016, 10:15:17 PM
 #28

Seriously  Huh  like what is your problem with eth ?  
Where can I use my Ether? Oh right, nowhere.

Well, there's
Bitfinex is pleased to announce upcoming support for trading Ether.
No more having to cash out through BTC Sad

well that is not using, that is speculating....

anyway i'm only mining ethereum and dumping for bitcoin, like any sane person would do

Curious fact: Speculation is use.
Or did you mean use like ransomware & overpriced drugs on notoriously unreliable markets, Bitcoin's 2 main non-speculative use scenarios?

no i means use it to buy legal items, any other thing is not what i would call usage

Ah, you mean "buying stuff for way too much, in ways that make Rube Goldberg seem terse and totally not funny"?
Like buying BTC with fiat (paying premium), to buy overpriced item (because totally worth it; merchant accepts BTC!!!1!), so BitPay could sell your BTC & sends resultant fiat to the BTC merchant?
Gotcha!
Srs bizniz, this Bitcoin Roll Eyes

no, i simply buy on purseio, with amazon and i get a huge discount, why i should use fiat? or even ethereum lol

altcoin are full clone in terms of usage they offer zero advantages over bitcoin, don't bring the usual confirmation time bullshit, that is a non-issue

So let me get this straight: you mine alts, sell them for BTC, and then go to a carding website to be "matched up" with a carder ...all for a 15% discount?
Protip: Better carding deals elsewhere.

>altcoin are full clone
You do understand that Etherium has almost nothing in common with Bitcoin, correct?
RealBitcoin
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March 12, 2016, 11:10:45 PM
 #29

I dont think so, it's just a bunch of shills want to make quick buck.

But ETH may have some innovation in it, i think it is here to stay, but the price may go lower who knows.

AliceWonderMiscreations
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March 12, 2016, 11:53:08 PM
 #30

I dont think so, it's just a bunch of shills want to make quick buck.

But ETH may have some innovation in it, i think it is here to stay, but the price may go lower who knows.

It has some innovation but what real world problems does it solve?

I hereby reserve the right to sometimes be wrong
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March 12, 2016, 11:58:11 PM
 #31

I dont think so. Eth pump is a sign that open crypto world is growing. I am very sure that the next year more blockchain system will pass 1 billion value.

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bargainbin
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March 13, 2016, 12:03:05 AM
 #32

I dont think so, it's just a bunch of shills want to make quick buck.

But ETH may have some innovation in it, i think it is here to stay, but the price may go lower who knows.

It has some innovation but what real world problems does it solve?

Etherium probably solves something for somebody.
I mean, Bitcoin let you stop worrying about retailers releasing your secret CC infos, I'm certain ETH solves some similarly pressing problem.
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March 13, 2016, 12:08:38 AM
 #33

I dont think so, it's just a bunch of shills want to make quick buck.

But ETH may have some innovation in it, i think it is here to stay, but the price may go lower who knows.

It has some innovation but what real world problems does it solve?

decentralized computing, what can be used for lets see? Everything.

If that contract system stays up, it can literally create a skynet type AI that will solve all our problems... (sarcasm)


But of course I`m more worried that ETH being so complex it will have tons of vulnerabilities and attack vectors, that will be exploited and it could take a huge damage from that.

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March 13, 2016, 12:26:02 AM
Last edit: March 13, 2016, 12:40:53 AM by AliceWonderMiscreations
 #34

I dont think so, it's just a bunch of shills want to make quick buck.

But ETH may have some innovation in it, i think it is here to stay, but the price may go lower who knows.

It has some innovation but what real world problems does it solve?

decentralized computing, what can be used for lets see? Everything.

If that contract system stays up, it can literally create a skynet type AI that will solve all our problems... (sarcasm)


But of course I`m more worried that ETH being so complex it will have tons of vulnerabilities and attack vectors, that will be exploited and it could take a huge damage from that.

It's not decentralized though, it is centralized in the Ethereum network. And we already have decentralized computing - it's called the cloud, and it is cheap to buy processing power on the cloud - processing power that is wicked fast compared to Ethereum.

EDIT

By centralized in Ethereum what I mean is - once your platform is built upon Ethereum you essentially are locked in, it would cost a lot of money to port it to something else. That's not the case in other decentralized cloud solutions. And it is slower. So you are locked in to something that is slow.

Who the hell wants that?

I hereby reserve the right to sometimes be wrong
RealBitcoin
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March 13, 2016, 12:46:53 AM
 #35


It's not decentralized though, it is centralized in the Ethereum network. And we already have decentralized computing - it's called the cloud, and it is cheap to buy processing power on the cloud - processing power that is wicked fast compared to Ethereum.

Thats a bad example, a cloud is the centralized one, ethereum is not






By centralized in Ethereum what I mean is - once your platform is built upon Ethereum you essentially are locked in, it would cost a lot of money to port it to something else. That's not the case in other decentralized cloud solutions. And it is slower. So you are locked in to something that is slow.

Who the hell wants that?

I`m more worried about eth governance. Since ethereum must be a de-facto dictatorship.

Just look at BTC, how hard it is to reach consensus, and it's only 1 variable = the block size.

With ethereum there are millions of variables that need tweaking, so you cannot have a voting on that, you will never reach consensus, so ETH will be a dictatorship from the ETH foundation .

It's ironic, a decentralized platform being a dictatorship  Cheesy

AliceWonderMiscreations
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March 13, 2016, 12:49:12 AM
 #36


It's not decentralized though, it is centralized in the Ethereum network. And we already have decentralized computing - it's called the cloud, and it is cheap to buy processing power on the cloud - processing power that is wicked fast compared to Ethereum.

Thats a bad example, a cloud is the centralized one, ethereum is not

Cloud is not centralized. Want to run a cloud node or three? There are free Linux distros just for doing so.

And if you use cloud for cpu power, you can change vendors easily enough - your cloud based applications can move to different vendors. Some cloud vendors offer features that lock you in to them, but you don't have to.

Where do you move your ethereum apps to if you decide it is too expensive for the processing power you get?

I hereby reserve the right to sometimes be wrong
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March 13, 2016, 01:01:37 AM
 #37


Cloud is not centralized. Want to run a cloud node or three? There are free Linux distros just for doing so.

And if you use cloud for cpu power, you can change vendors easily enough - your cloud based applications can move to different vendors. Some cloud vendors offer features that lock you in to them, but you don't have to.

Where do you move your ethereum apps to if you decide it is too expensive for the processing power you get?

What i mean is that they can be shut down by ISP or govenrment.

But with ETH your contract lives on the blockchain regardless of what happens to your PC.

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March 13, 2016, 01:45:12 AM
 #38

What you want crypto is pump and dump how many times doge has been havily pumped and dumped
eth is innovative blockchain will be used by Microsoft and maybe by German autonomous cars
Bitcoins problems are pseudo developers and nervous community

 
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March 13, 2016, 01:58:33 AM
 #39

My logic would tell me that you missed out on Ether and are raging...... haha enjoy the rage quite big lad......... Grin
Foolish ad hominem. You have no arguments to defend your position. I don't know why I expected anything valuable from people who invest in shitcoins.

I dont think so. Eth pump is a sign that open crypto world is growing.
You mean Bitcoin holders buying another Altcoin == crypto world is growing? This doesn't add up. The traded volume ETH/Fiat is low.

Bitcoins problems are pseudo developers and nervous community
ETH problems (for example) are centralized planning, lower security (POS), inflation If you've come along to Bitcoin for the right reasons, you would not consider getting involved in ETH. People need to calm down, ETH can have its own place next to Bitcoin, but that's it.


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March 13, 2016, 02:26:05 AM
 #40

I dont think so. Eth pump is a sign that open crypto world is growing. I am very sure that the next year more blockchain system will pass 1 billion value.

Pumps and dumps are bad news for everybody. Lot of people burnt their hands and develop a bad opinion about anything and everything in the cryptoworld.
I have no problems with ethereum and other cryptos increasing their marketcap, but let it be sustainable.


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