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Author Topic: ETH GETTING DUMPED HARD!!!!  (Read 55181 times)
nzminer
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July 24, 2016, 06:05:07 AM
 #521

I think that bothing can replace first cryptocurrency coin because bitcoin is the oldest and other cryptocurrencies are just copies of bitcoin cryptocurrency ,they are just copy paste material.
bitcoin is a dinosaur that is not working properly.

When are they even going to increase the block size?

I think that bothing can replace first cryptocurrency coin because bitcoin is the oldest and other cryptocurrencies are just copies of bitcoin cryptocurrency ,they are just copy paste material.
I know what you mean. I just posted as much on my MySpace wall.

lol at this!

If facebook is now bigger than myspace (who even uses it anymore? lol), then of course the same could be said for any BTC competitor!

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
molsewid
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July 24, 2016, 06:24:40 PM
 #522


There is certainty that most large pools will support the fork. So there is big possibility that the hard fork will go on.

It's gonna get all forked up!

From the current voting and the implementation of the hard fork, it seems we will know the main chain very soon.

The main chain was established yesterday afternoon, a few minutes after the hard fork. So most miners support it.

I will get coins through mining, and will not invest in there as I now do not have trust on it that it will give me profit, and a fear will remain in my mind that at any time ethereum can go down deep below. So the better choice for me to earn from that coin is to mine it.

Does it mean that you are mining the Ethereum, but you do not hold it and sell it to get other coins?

You can also mine the Ethreum Classic now and sell it on exchanges. It is more profitable than Eth.
mandica
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July 25, 2016, 09:43:54 AM
 #523


There is certainty that most large pools will support the fork. So there is big possibility that the hard fork will go on.

It's gonna get all forked up!

From the current voting and the implementation of the hard fork, it seems we will know the main chain very soon.

The main chain was established yesterday afternoon, a few minutes after the hard fork. So most miners support it.

I will get coins through mining, and will not invest in there as I now do not have trust on it that it will give me profit, and a fear will remain in my mind that at any time ethereum can go down deep below. So the better choice for me to earn from that coin is to mine it.

Does it mean that you are mining the Ethereum, but you do not hold it and sell it to get other coins?

You can also mine the Ethreum Classic now and sell it on exchanges. It is more profitable than Eth.

Some people are mining the Ethereum Classic at the moment, the hashing is around 6.5% of the main chain.
BTcoint
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July 25, 2016, 12:37:26 PM
 #524


There is certainty that most large pools will support the fork. So there is big possibility that the hard fork will go on.

It's gonna get all forked up!

From the current voting and the implementation of the hard fork, it seems we will know the main chain very soon.

The main chain was established yesterday afternoon, a few minutes after the hard fork. So most miners support it.

I will get coins through mining, and will not invest in there as I now do not have trust on it that it will give me profit, and a fear will remain in my mind that at any time ethereum can go down deep below. So the better choice for me to earn from that coin is to mine it.

Does it mean that you are mining the Ethereum, but you do not hold it and sell it to get other coins?

You can also mine the Ethreum Classic now and sell it on exchanges. It is more profitable than Eth.

Some people are mining the Ethereum Classic at the moment, the hashing is around 6.5% of the main chain.
So eth is done with new baby eth classic ?many moved in?

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Halmater
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July 25, 2016, 06:25:49 PM
 #525


There is certainty that most large pools will support the fork. So there is big possibility that the hard fork will go on.

It's gonna get all forked up!

From the current voting and the implementation of the hard fork, it seems we will know the main chain very soon.

The main chain was established yesterday afternoon, a few minutes after the hard fork. So most miners support it.

I will get coins through mining, and will not invest in there as I now do not have trust on it that it will give me profit, and a fear will remain in my mind that at any time ethereum can go down deep below. So the better choice for me to earn from that coin is to mine it.

Does it mean that you are mining the Ethereum, but you do not hold it and sell it to get other coins?

You can also mine the Ethreum Classic now and sell it on exchanges. It is more profitable than Eth.

Some people are mining the Ethereum Classic at the moment, the hashing is around 6.5% of the main chain.
So eth is done with new baby eth classic ?many moved in?

The Etherereum Classic might not survive the next week. The price is dropping, the hashing rate is also dropping.
Minecache
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July 25, 2016, 07:54:55 PM
 #526


There is certainty that most large pools will support the fork. So there is big possibility that the hard fork will go on.

It's gonna get all forked up!

From the current voting and the implementation of the hard fork, it seems we will know the main chain very soon.

The main chain was established yesterday afternoon, a few minutes after the hard fork. So most miners support it.

I will get coins through mining, and will not invest in there as I now do not have trust on it that it will give me profit, and a fear will remain in my mind that at any time ethereum can go down deep below. So the better choice for me to earn from that coin is to mine it.

Does it mean that you are mining the Ethereum, but you do not hold it and sell it to get other coins?

You can also mine the Ethreum Classic now and sell it on exchanges. It is more profitable than Eth.

Some people are mining the Ethereum Classic at the moment, the hashing is around 6.5% of the main chain.
So eth is done with new baby eth classic ?many moved in?

The Etherereum Classic might not survive the next week. The price is dropping, the hashing rate is also dropping.
Dropping? It's friggin collapsing.

http://fork.ethstats.net

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mandica
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July 26, 2016, 08:47:57 AM
 #527


The Etherereum Classic might not survive the next week. The price is dropping, the hashing rate is also dropping.
Dropping? It's friggin collapsing.

http://fork.ethstats.net


It is difficult to say. The ETC price is rising at the moment. It is around $0.9 now. It is quite strange action.
BitUsher
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July 26, 2016, 08:30:29 PM
 #528

Bokelka
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July 26, 2016, 08:32:43 PM
 #529

If the big ETH whales sell the ETC, the ETC price will go to almost zero. So the chain will die eventually.
BitUsher
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July 26, 2016, 08:37:13 PM
 #530

If the big ETH whales sell the ETC, the ETC price will go to almost zero. So the chain will die eventually.

The more sell pressure there is the cheaper the fuel will become increasing its value proposition for arbitrage. ETC is tied to ETH at the "hip" for legal and market reasons. Both will not die anytime soon. ETC likely will seek parity, and ETH fetch a small premium. Both are in for an uncomfortable and wild ride and with lawsuits coming - https://bitflikz.com/blogs/news/the-theft-of-a-1-billion-dollar-blockchain-community-legal-action-begins  both will likely lose value.
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July 26, 2016, 08:41:28 PM
 #531


LOL. What a fail from Vitalik. Cheesy Cheesy
Everybody laugh at you you little scammer. You killed your own coin, you betrayed your own people. Now try to save that dead-fork with Coinbase. Somebody should clear this mess. This is the first time unforked chain passed the "so-called consensus" forked one in crypto-currency history.
iCEBREAKER
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July 26, 2016, 09:13:10 PM
 #532



OH:  Each HF is another halvening of VitalikCoin's credibility.   Cheesy


#REKT


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freedomgo
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July 27, 2016, 02:31:49 AM
 #533

If the big ETH whales sell the ETC, the ETC price will go to almost zero. So the chain will die eventually.
Hopefully that would not happen because that would affect all the altcoins, we know that ETH is gaining the success currently and new coins is also starting to have that success so if anything happen, it would probably create a panic in the crypto world for altcoins.

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bbc.reporter
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July 27, 2016, 02:49:29 AM
 #534



Is this true? This comment will need its own thread because this is very serious. Vitalik out of his panic in getting a fix and a solution before the attacker can dump his shares has made an even bigger problem.

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BitUsher
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July 27, 2016, 02:59:52 AM
 #535

Is this true? This comment will need its own thread because this is very serious. Vitalik out of his panic in getting a fix and a solution before the attacker can dump his shares has made an even bigger problem.

Yes, that is why Vitalik asked Ethereum classic to fork to fix this issue but they are refusing. Sloppy indeed as they didnt even account for the possibility of 2 coins surviving. 

bbc.reporter
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July 27, 2016, 03:08:19 AM
 #536

Ethereum developers, the foundation and Vitalik are now laughed at in the cryptosphere? What are the old men of crypto thinking now? If Satoshi was here what will he say to this?

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BitUsher
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July 27, 2016, 03:36:34 AM
 #537

Ethereum developers, the foundation and Vitalik are now laughed at in the cryptosphere? What are the old men of crypto thinking now? If Satoshi was here what will he say to this?

Many old cipherpunks thought that this project was naive and doomed from the start. Vitalik is indeed intelligent , but young , inexperienced and unwise. They don't appear to understand that we exist in an adversarial environment 24/7 and one must plan for every possible attack as real money is on the line.
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July 27, 2016, 04:57:34 AM
 #538

Ethereum developers, the foundation and Vitalik are now laughed at in the cryptosphere? What are the old men of crypto thinking now? If Satoshi was here what will he say to this?

Many old cipherpunks thought that this project was naive and doomed from the start. Vitalik is indeed intelligent , but young , inexperienced and unwise. They don't appear to understand that we exist in an adversarial environment 24/7 and one must plan for every possible attack as real money is on the line.

QFT.

I'm mining ETC just for the principle of it.

“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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July 27, 2016, 07:17:10 AM
 #539

Ethereum developers, the foundation and Vitalik are now laughed at in the cryptosphere? What are the old men of crypto thinking now? If Satoshi was here what will he say to this?

Many old cipherpunks thought that this project was naive and doomed from the start. Vitalik is indeed intelligent , but young , inexperienced and unwise. They don't appear to understand that we exist in an adversarial environment 24/7 and one must plan for every possible attack as real money is on the line.

QFT.

I'm mining ETC just for the principle of it.

Now that attitude will create a movement that matters. I know you will not be the only one. The hash rate is increasing and I speculate that those miners are pointing their power to the original Ethereum classic for the same reasons as yours. But having some extra coins would be nice also.

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July 27, 2016, 07:55:22 AM
 #540

Is this true? This comment will need its own thread because this is very serious. Vitalik out of his panic in getting a fix and a solution before the attacker can dump his shares has made an even bigger problem.

Yes, that is why Vitalik asked Ethereum classic to fork to fix this issue but they are refusing. Sloppy indeed as they didnt even account for the possibility of 2 coins surviving. 



This is very serious if this is true.

What an epic fail! Could very well mean the end of ETH.

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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