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Author Topic: ETH GETTING DUMPED HARD!!!!  (Read 55181 times)
iCEBREAKER
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August 02, 2016, 10:06:47 PM
 #561


Angry Angry Angry

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.

 Cry Cry Cry


https://twitter.com/fluffyponyza/status/758889752951083008

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Just remember, altcoiners, when your broken design invariably fails you can always just blame Bitcoin maximalists. Perfect scapegoat!


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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nzminer
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August 03, 2016, 09:32:23 AM
 #562

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.
we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it Smiley

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
Auponef
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August 03, 2016, 03:51:09 PM
 #563

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.
we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it Smiley

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.
Next BillG
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August 05, 2016, 06:44:09 AM
 #564

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.
we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it Smiley

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.
Auponef
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August 05, 2016, 12:21:48 PM
 #565

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.
we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it Smiley

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.
https://www.reddit.com/r/ethereum/comments/4w4y0w/colony_is_100_on_eth_and_heres_whyxpost/?st=irhq098v&sh=f92a2f51
iCEBREAKER
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August 06, 2016, 12:39:55 AM
 #566

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

Most companies are saying they will go with ETH because they fear retaliation from the EF and BailoutForkers, just as most pools (regardless of what their users preferred) voted to go along to get along (rather than being placed on The List of subversive troublemakers).

The ETH commitment of the miners only lasted as long as they lacked economic incentive to defect to ETC.

When their software is cloned and run on ETC, the dapp guys will quickly ditch Pope Vitalik and serve the socioeconomic majority.

Granted there is some appeal to the prospect of bailouts for failed contracts, but that provides a useful way to force self-identification of which dapps are toys (meant to run in make-believe world of monopoly money and reversible time), and which are actual production systems (meant to run in the real world where we play for keeps and time is not reversible).


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
mandica
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August 06, 2016, 02:13:41 PM
 #567

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

Most companies are saying they will go with ETH because they fear retaliation from the EF and BailoutForkers, just as most pools (regardless of what their users preferred) voted to go along to get along (rather than being placed on The List of subversive troublemakers).

The ETH commitment of the miners only lasted as long as they lacked economic incentive to defect to ETC.

When their software is cloned and run on ETC, the dapp guys will quickly ditch Pope Vitalik and serve the socioeconomic majority.

Granted there is some appeal to the prospect of bailouts for failed contracts, but that provides a useful way to force self-identification of which dapps are toys (meant to run in make-believe world of monopoly money and reversible time), and which are actual production systems (meant to run in the real world where we play for keeps and time is not reversible).

The comments about the miners are right. I mine both ETC and ETH, whichever is more profitable for me.
Bamselk
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August 07, 2016, 12:28:04 PM
 #568

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

Most companies are saying they will go with ETH because they fear retaliation from the EF and BailoutForkers, just as most pools (regardless of what their users preferred) voted to go along to get along (rather than being placed on The List of subversive troublemakers).

The ETH commitment of the miners only lasted as long as they lacked economic incentive to defect to ETC.

When their software is cloned and run on ETC, the dapp guys will quickly ditch Pope Vitalik and serve the socioeconomic majority.

Granted there is some appeal to the prospect of bailouts for failed contracts, but that provides a useful way to force self-identification of which dapps are toys (meant to run in make-believe world of monopoly money and reversible time), and which are actual production systems (meant to run in the real world where we play for keeps and time is not reversible).

The comments about the miners are right. I mine both ETC and ETH, whichever is more profitable for me.

I do the same. That is why the hash rate of the ETC and ETH depends on the relative price of these two coins.
QuarkSquirrel
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August 07, 2016, 12:49:43 PM
 #569

Goodbye ETH!
Bokelka
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August 08, 2016, 10:58:21 AM
 #570

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

Most companies are saying they will go with ETH because they fear retaliation from the EF and BailoutForkers, just as most pools (regardless of what their users preferred) voted to go along to get along (rather than being placed on The List of subversive troublemakers).

The ETH commitment of the miners only lasted as long as they lacked economic incentive to defect to ETC.

When their software is cloned and run on ETC, the dapp guys will quickly ditch Pope Vitalik and serve the socioeconomic majority.

Granted there is some appeal to the prospect of bailouts for failed contracts, but that provides a useful way to force self-identification of which dapps are toys (meant to run in make-believe world of monopoly money and reversible time), and which are actual production systems (meant to run in the real world where we play for keeps and time is not reversible).

The comments about the miners are right. I mine both ETC and ETH, whichever is more profitable for me.

I do the same. That is why the hash rate of the ETC and ETH depends on the relative price of these two coins.

The main risk is that when you mine one coin, it is more profitable. But when you sell it, the price is lower.
Auponef
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August 09, 2016, 06:19:21 PM
 #571

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.

Most companies are saying they will go with ETH because they fear retaliation from the EF and BailoutForkers, just as most pools (regardless of what their users preferred) voted to go along to get along (rather than being placed on The List of subversive troublemakers).

The ETH commitment of the miners only lasted as long as they lacked economic incentive to defect to ETC.

When their software is cloned and run on ETC, the dapp guys will quickly ditch Pope Vitalik and serve the socioeconomic majority.

Granted there is some appeal to the prospect of bailouts for failed contracts, but that provides a useful way to force self-identification of which dapps are toys (meant to run in make-believe world of monopoly money and reversible time), and which are actual production systems (meant to run in the real world where we play for keeps and time is not reversible).

The comments about the miners are right. I mine both ETC and ETH, whichever is more profitable for me.

I do the same. That is why the hash rate of the ETC and ETH depends on the relative price of these two coins.

The main risk is that when you mine one coin, it is more profitable. But when you sell it, the price is lower.

The ETC price has dropped 25% against ETH. It is not profitable to mine at the moment. But if the price rises, it might be profitable again.
JackJokasker
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August 10, 2016, 04:01:12 AM
 #572


hahahah. nice picture hahah.... i like it. ETH can growing up againt?
Bokelka
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August 10, 2016, 09:13:21 AM
 #573

RUN TO THE HILLS!!!!
Ran out of greater fools?



hahahah. nice picture hahah.... i like it. ETH can growing up againt?

That could be a good description of the ETC when the DAO hackers dump the 11 million ETC to the market.
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August 10, 2016, 09:22:35 AM
 #574

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
mandica
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August 10, 2016, 04:31:33 PM
 #575

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

The ETC price is about 13.5% of the ETH price now. I found the hash rate is also similar ratio. if the price drops further, it could be 51% attacked.
Auponef
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August 11, 2016, 07:41:31 AM
 #576

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

The ETC price is about 13.5% of the ETH price now. I found the hash rate is also similar ratio. if the price drops further, it could be 51% attacked.

To attack a coin, there is no need for the 51% hash, you need around 25% to do some kind of attack.
Arnoldent
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August 14, 2016, 09:39:47 AM
 #577

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

The ETC price is about 13.5% of the ETH price now. I found the hash rate is also similar ratio. if the price drops further, it could be 51% attacked.

To attack a coin, there is no need for the 51% hash, you need around 25% to do some kind of attack.

I saw a paper mentioning you only need less than 25% of the network hash rate to do the attack. That was in 2013.
molsewid
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August 17, 2016, 10:50:08 AM
 #578

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

The ETC price is about 13.5% of the ETH price now. I found the hash rate is also similar ratio. if the price drops further, it could be 51% attacked.

To attack a coin, there is no need for the 51% hash, you need around 25% to do some kind of attack.

I saw a paper mentioning you only need less than 25% of the network hash rate to do the attack. That was in 2013.

A Chinese guy called Chandler Guo, he has about 100G of the Ethereum hash. So he has the ability to attack the ETC.
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August 17, 2016, 02:33:31 PM
 #579

Looks like ETC is loosing the battle, its market cap has dropped quite a bit last week.

Perhaps miners will switch over again when its more profitable, either way i dont see ETH switching to POS any time soon.

The ETC price is about 13.5% of the ETH price now. I found the hash rate is also similar ratio. if the price drops further, it could be 51% attacked.

To attack a coin, there is no need for the 51% hash, you need around 25% to do some kind of attack.

I saw a paper mentioning you only need less than 25% of the network hash rate to do the attack. That was in 2013.

A Chinese guy called Chandler Guo, he has about 100G of the Ethereum hash. So he has the ability to attack the ETC.

He could be the force breaking the ETC. He used to say that he would 51% the ETC when the ETC was first listed.
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August 18, 2016, 04:51:13 PM
 #580

I think ETC is just another measure to make sure ETH permanently fails, even if ETC does too.
we have to search some other coin for us.

Its called NEM, its the only way forward, its stupidly cheap right now, few have discovered it Smiley

Maybe the coin called Expanse? It is a clone of the Ethereum but does not have the problems like the DAO.

I think most companies will develop based on the ETH. Some of them have already declared they will be with ETH.
naah i really doubt that, etc is a way better currency in my opinion than eth, it is definitely going to succeed more than just ordinary eth

 
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