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Author Topic: Ethereum Scam,prettiest lie ever told....  (Read 15284 times)
Dum3 (OP)
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April 26, 2016, 08:46:54 AM
 #1

I jumped on the ship 1 month ago,managed to mine some coins and recoup some of my investment,maybe even make some small profit once i sell the graphics card.

Old bitcoin vga miner,just saw the opportunity,jumped fast did not think a lot,then realised....

WTH is this about?

Ethereum left and right,presented as a great opportunity,future currency etc etc etc then

Founder sells 25% , he does not have 100% confidence in his coin and says that this is experiment and it could crash: translated "WILL" crash

Ethereum forum will be shut down because probably they won't spend even a penny on this,the " foundation " ....I mean wtf...

I look at the apps that supposedly use the network, all junk , most of them gambling or randomiser stuff, ZERO USE IN REAL LIFE , nothing to attract real investors,absolutely trash....

This COIN, future curency,bitcoin improved in all aspects ETC,is a scam and will fall to 1$ soon enough,nothing to support it,zero use ....
TheDreadPirateDickstein
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April 26, 2016, 10:43:37 AM
 #2

I jumped on the ship 1 month ago,managed to mine some coins and recoup some of my investment,maybe even make some small profit once i sell the graphics card.

Old bitcoin vga miner,just saw the opportunity,jumped fast did not think a lot,then realised....

WTH is this about?

Ethereum left and right,presented as a great opportunity,future currency etc etc etc then

Founder sells 25% , he does not have 100% confidence in his coin and says that this is experiment and it could crash: translated "WILL" crash

Ethereum forum will be shut down because probably they won't spend even a penny on this,the " foundation " ....I mean wtf...

I look at the apps that supposedly use the network, all junk , most of them gambling or randomiser stuff, ZERO USE IN REAL LIFE , nothing to attract real investors,absolutely trash....

This COIN, future curency,bitcoin improved in all aspects ETC,is a scam and will fall to 1$ soon enough,nothing to support it,zero use ....

What is interesting.....is I could have sworn I saw that the supply was 92.5 million.......as soon as it breaks 8.50....79.......now I could be delusional.....but did anyone else also see this?

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Persiville
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April 26, 2016, 11:33:10 AM
 #3

"Founder sells 25% , he does not have 100% confidence in his coin and says that this is experiment and it could crash: translated "WILL" crash."

I think the founder has to make a living out of his income. He has to sell some.

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BitcoinHodler
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April 26, 2016, 11:34:37 AM
 #4

....
Ethereum left and right,presented as a great opportunity,future currency etc etc etc then
....

this is the biggest problem in this market.
people read something on the Internet written by some random person who they don't even know and/or trust and they believe it because it is said over and over again everywhere they look.

i wouldn't call ETH scam. it is just a pump and dump, or maybe it is just me and a pump and dump is pretty normal to me.

you should not get your hopes up in these cases, get in and then get out soon. nothing except bitcoin has a solid future. the rest are all doomed.

Holding Bitcoin More Every Day
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April 26, 2016, 05:57:03 PM
Last edit: May 13, 2019, 12:55:14 PM by klarki
 #5

The idea cryptocurrency - is an experiment!
What is Bitcoin that Litecoin and other coins, it's an experiment.
Ethereum, just very quickly rose in price, with the help of stakeholders.

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April 26, 2016, 06:02:17 PM
 #6

ETH is flawed to the core. The arbitrary gas concept that 'genius' vitalik implemented is proof that he is no genius. He doesnt have enough real world experience developing code and is creating micky mouse code which will eventually fail.

Plus, he sold 25% of his coins. Would bill gates have sold his microsoft shares on the first little pump?
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April 26, 2016, 06:12:15 PM
 #7

Is it true that this guy actually sold 25% of his ETH and bought LISK instead?

Or is the LISK part a rumour?
The Sceptical Chymist
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April 26, 2016, 06:32:41 PM
 #8

I don't think the founder selling his ETH is a lack of confidence on his part.  It's the smart thing to do, and I would do it as well.  Crypto is super volatile and risky, and he kept enough to keep him rolling in dough for the rest of his life if it goes to the moon. 

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April 26, 2016, 08:48:04 PM
 #9

ETH isn't scam.

It is just incredibly overvalued. There is no rationale way it should have been anywhere around 0.03 btc. Its just pure speculation.

Not a bad experiment, and way better than a 1000 other shit coins. But a price around 20-25% of what is now seems much more reasonable to me.  Over .02 is crazy. 

That being said I'm so glad I started mining it 4-5 months ago or so.

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BitFomo
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April 26, 2016, 09:01:46 PM
 #10

Last price was hm...5$? Its falling very fast, and its causing panic, everyone is selling now...damn, i thought eth will be good investment for future. Now i dont know what to think....Is this scam? Is this really end of ether? Should I wait for bitcoin halving and see what will happen? Wait for price drop and buy low or let it go?
Decisions, decisions...

This is normal in the cycle of fear and greed. Wait for 1.50-3.50 and load up for the long haul.
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April 26, 2016, 11:16:37 PM
 #11

Last price was hm...5$? Its falling very fast, and its causing panic, everyone is selling now...damn, i thought eth will be good investment for future. Now i dont know what to think....Is this scam? Is this really end of ether? Should I wait for bitcoin halving and see what will happen? Wait for price drop and buy low or let it go?
Decisions, decisions...

This is normal in the cycle of fear and greed. Wait for 1.50-3.50 and load up for the long haul.

It could drop even lower than 1.50
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April 26, 2016, 11:50:15 PM
 #12

I jumped on the ship 1 month ago,managed to mine some coins and recoup some of my investment,maybe even make some small profit once i sell the graphics card.

Old bitcoin vga miner,just saw the opportunity,jumped fast did not think a lot,then realised....

WTH is this about?

Ethereum left and right,presented as a great opportunity,future currency etc etc etc then

Founder sells 25% , he does not have 100% confidence in his coin and says that this is experiment and it could crash: translated "WILL" crash

Ethereum forum will be shut down because probably they won't spend even a penny on this,the " foundation " ....I mean wtf...

I look at the apps that supposedly use the network, all junk , most of them gambling or randomiser stuff, ZERO USE IN REAL LIFE , nothing to attract real investors,absolutely trash....

This COIN, future curency,bitcoin improved in all aspects ETC,is a scam and will fall to 1$ soon enough,nothing to support it,zero use ....

Well, bitcoin is also an experiment, so I guess, its also doomed!!!
https://bitcoin.org/en/you-need-to-know#experimental

Bitcoin founder (satoshi) left btc. I guess he also lost interest in it. Anyway, why would he keep interest in only an experimental project afterall. Better do work on something real.

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
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April 26, 2016, 11:58:01 PM
 #13

I jumped on the ship 1 month ago,managed to mine some coins and recoup some of my investment,maybe even make some small profit once i sell the graphics card.

Old bitcoin vga miner,just saw the opportunity,jumped fast did not think a lot,then realised....

WTH is this about?

Ethereum left and right,presented as a great opportunity,future currency etc etc etc then

Founder sells 25% , he does not have 100% confidence in his coin and says that this is experiment and it could crash: translated "WILL" crash

Ethereum forum will be shut down because probably they won't spend even a penny on this,the " foundation " ....I mean wtf...

I look at the apps that supposedly use the network, all junk , most of them gambling or randomiser stuff, ZERO USE IN REAL LIFE , nothing to attract real investors,absolutely trash....

This COIN, future curency,bitcoin improved in all aspects ETC,is a scam and will fall to 1$ soon enough,nothing to support it,zero use ....

Well, bitcoin is also an experiment, so I guess, its also doomed!!!
https://bitcoin.org/en/you-need-to-know#experimental

Bitcoin founder (satoshi) left btc. I guess he also lost interest in it. Anyway, why would he keep interest in only an experimental project afterall. Better do work on something real.

Satoshi shot himself when he lost his private keys in 2015.
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April 27, 2016, 12:17:42 AM
 #14

Eth is alt coin, I don't know how can anyone be surprised with pump and dump of some alt coin?
Especially when you take a look some dev`s history and how he made coins in past. Everything will die eventually, but I think we cant compare bitcoin with some really shit alt coin that is made just to dev earn some fast money.

Don't hate the game, hate the players. And if you don't wish to spend you life in hate then don't play the game. Its very simply.

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April 27, 2016, 12:53:29 AM
 #15

I would not say that Ethereum is a scam due to Vitalik selling 25% or the forums shutting down.

- Him selling is simply taking some profits and how many did he have in the first place? What scale are we talking about? 

- Shutting down the forums may just be a company maturing and not needing it anymore.  Isn't Ethereum talk more active here  than the Ethereum board?

I am not convinced this is a scam.  The technology is interesting.

I love Bitcoin
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April 27, 2016, 01:37:29 AM
 #16

I would not say that Ethereum is a scam due to Vitalik selling 25% or the forums shutting down.

- Him selling is simply taking some profits and how many did he have in the first place? What scale are we talking about? 

- Shutting down the forums may just be a company maturing and not needing it anymore.  Isn't Ethereum talk more active here  than the Ethereum board?

I am not convinced this is a scam.  The technology is interesting.

C'mon, if it walks like a duck and talks like a duck, it's a fricken Goose!

The whole gas concept will fall apart when ETHER price rises. It assumes that ether price remains stable.
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April 27, 2016, 02:16:18 AM
 #17

Is it true that this guy actually sold 25% of his ETH and bought LISK instead?

Or is the LISK part a rumour?



Photographic Proof.  Can't fake that kinda shit man.
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April 27, 2016, 02:23:48 AM
 #18

I would not say that Ethereum is a scam due to Vitalik selling 25% or the forums shutting down.

- Him selling is simply taking some profits and how many did he have in the first place? What scale are we talking about? 

- Shutting down the forums may just be a company maturing and not needing it anymore.  Isn't Ethereum talk more active here  than the Ethereum board?

I am not convinced this is a scam.  The technology is interesting.

"taking some profits" ..from what ?

THAT is the point here you apparently don't get (or pretend you don't get)

Why do i get the feeling you are bag holding some ETH "fuel" coins ?

FACT:


ETH = digital pyramid scheme .

FUD first & ask questions later™
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April 27, 2016, 02:47:20 PM
 #19

Thing is there is no actual real app that we could see at work  so far :

http://dapps.ethercasts.com/

These mean nothing in real life,only useless web space used
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April 27, 2016, 03:41:20 PM
 #20

I jumped on the ship 1 month ago,managed to mine some coins and recoup some of my investment,maybe even make some small profit once i sell the graphics card.

Old bitcoin vga miner,just saw the opportunity,jumped fast did not think a lot,then realised....

WTH is this about?

Ethereum left and right,presented as a great opportunity,future currency etc etc etc then

Founder sells 25% , he does not have 100% confidence in his coin and says that this is experiment and it could crash: translated "WILL" crash

Ethereum forum will be shut down because probably they won't spend even a penny on this,the " foundation " ....I mean wtf...

I look at the apps that supposedly use the network, all junk , most of them gambling or randomiser stuff, ZERO USE IN REAL LIFE , nothing to attract real investors,absolutely trash....

This COIN, future curency,bitcoin improved in all aspects ETC,is a scam and will fall to 1$ soon enough,nothing to support it,zero use ....

well, in my opinion ethereum had all the attributes for being a scam. first there is a long period of all kinds of spam on all the different social media to attract a lot of attention to ethereum, they also used the bitcoin block size debate to their advantage to bring more attention to eth. then the pump starts, they continue to spam their FUD. they go as far as calling eth replacing bitcoin which is dying according to their FUD. then the founder sells 1,0000,000.00 USD worth of eth also they shut down the forum to cut the cost!!
this all seems like getting out while you can strategy to me.

if you are claiming bitcoin is dead and ethereum is replacing it then why are you abandoning ship?!!

--signature space for rent; sent PM--
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