Ethereum scammers trying to suppress BTC till they find someone to Dump Eth on

[klee]

Chances are that ETH will visit 250s again while BTC will climb back at 3000s.

This is fun!

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[r0ach]

Another stake in the Eth vampire:

Why proof of stake has no value:

Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary.  So why are two confirmations more useful in Bitcoin (PoW) than one?  Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.

Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails.  This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.

On top of being worthless, proof of stake is also a permissioned ledger.  The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.

So does it mean if the PoW continues in the Etheruem, the Etheruem will have some value? That is the same as bitcoin.

If Ethereum stayed on PoW, the coin would be considered a failure since they issued an IPO for the money supply.  The price would crater once they announced they'd be leaking mined coins forever after suckers investors bought all the coins vitalik created out of thin air.

[r0ach]

Ethereum scammers are in full desperation mode now.  Nobody is buying their Eth pump so they keep doing orchestrated BTC dumps to temporarily lower BTC price, make believing that will make people want Eth instead but there are just no willing buyers of that scamcoin.

[zby]

Ethereum scammers are in full desperation mode now.  Nobody is buying their Eth pump so they keep doing orchestrated BTC dumps to temporarily lower BTC price, make believing that will make people want Eth instead but there are just no willing buyers of that scamcoin.

That does not make any sense. BTC is still many times bigger market than ETH - suppressing BTC would involve an order of magnitude bigger loses than anyone could gain on the manipulated ETH.

[korila]

Ethereum scammers are in full desperation mode now.  Nobody is buying their Eth pump so they keep doing orchestrated BTC dumps to temporarily lower BTC price, make believing that will make people want Eth instead but there are just no willing buyers of that scamcoin.

Soon Coinbase will dump BTC and support ETH

That will be the end of BTC!!

You are pathetic r0ach!!

Where is Segwit?? Probably infinitely delayed ~

[techgeek]

Ethereum scammers are in full desperation mode now.  Nobody is buying their Eth pump so they keep doing orchestrated BTC dumps to temporarily lower BTC price, make believing that will make people want Eth instead but there are just no willing buyers of that scamcoin.

Soon Coinbase will dump BTC and support ETH

That will be the end of BTC!!

You are pathetic r0ach!!

Where is Segwit?? Probably infinitely delayed ~

what are you talking about, they have poor customer service.

Which means it drives users away towards other exchanges so them launching it is really losing face if they cant handle bitcoin services 1st of all.

Look at this: https://community.coinbase.com/latest

You see a bunch of people complaining on getting double charged, and other mis bullcrap coinbase pulls every other week. Goodluck with their bad service.

[r0ach]

Ethereum scammers are in full desperation mode now.  Nobody is buying their Eth pump so they keep doing orchestrated BTC dumps to temporarily lower BTC price, make believing that will make people want Eth instead but there are just no willing buyers of that scamcoin.

That does not make any sense. BTC is still many times bigger market than ETH - suppressing BTC would involve an order of magnitude bigger loses than anyone could gain on the manipulated ETH.

Eth raised 30,000 BTC for the original IPO (most of which but not all they have dumped).  There are lots of idiot traders that are currently trading BTC/ETH with an inverse correlation.  So the Eth scammers do orchestrated dumps of 1000 BTC or whatever on a single exchange to temporarily give the appearance of BTC weakness while simultaneously pumping ETH to pretend it's strong and try to trick people into buying their Ethereum pump and dump.

[Dahhi]

Sorry, but eth has come to stay.

Better get used to it.

[r0ach]

"F2Pool, which according to data from Blockchain.info has processed the most bitcoin blocks in the past 24 hours, has long operated a mining pool focused on Ethereum"

Haha, now you know why Eth is getting pumped.  They're raising it to unload every single one of their mined Ethers at insane bubble prices before the BTC halving and the Eth DAO dump causes Eth to crash.  Then they take those Eth profits and use them to pump BTC for their larger and more important BTC mining farm.

[Hyena]

"F2Pool, which according to data from Blockchain.info has processed the most bitcoin blocks in the past 24 hours, has long operated a mining pool focused on Ethereum"

Haha, now you know why Eth is getting pumped.  They're raising it to unload every single one of their mined Ethers at insane bubble prices before the BTC halving and the Eth DAO dump causes Eth to crash.  Then they take those Eth profits and use them to pump BTC for their larger and more important BTC mining farm.

But what if this is a market-driven bubble ? What if stays to this 0,03BTC range, after a new consolidation ? Some predicted that it will go back to 0,01BTC, but nothing ever happened...

Too much euphoria always attracts bad luck. The ETH party will probably end with big bad news. Polo getting hacked, SEC going after Vitalik's butt for unauthorized DAO creation, insiders dumping their eth, BTC halving, you name it.

[r0ach]

Too much euphoria always attracts bad luck. The ETH party will probably end with big bad news.

The charts look like it's ending right now:

It's probably over for Eth rise.  I wouldn't short it either since it's not an aggregate market and the single entity manipulating it would just try to squeeze you.  The only logical move is to exit that market completely.

[SomaliRebel]

... bitcoin tho. Volume is wilding

[r0ach]

... bitcoin tho.

Yea, pumpers trying to sell off their Eth at highway robbery prices before they move the money back into BTC.  As soon as they figure out nobody is buying Eth at that price, they drop the hammer and Eth craters.  The end result is a simultaneous huge red candle on Eth as BTC begins to go up.

[SomaliRebel]

... bitcoin tho.

Yea, pumpers trying to sell off their Eth at highway robbery prices before they move the money back into BTC. 

Why would they move their money into BTC? Many grownup exchanges have ETH/USD pairs. Could also *invest* in DAO.
So ya, that ship has sailed, no more shekels 4u, usurious bitcoin money changer

[r0ach]

Why would they move their money into BTC?

Anytime the amount of one star spam account, paid shills on the forum is at an all time high (such as yourself) means you are in the buy window.

[SomaliRebel]

Anytime the amount of one star spam account

Anytime you're ready to stop showing off your mad math skillz by counting stars & stop denying the (I grant you, soul-crushingly cruel) facts, I'll be here to sell you Kleenex.

[r0ach]

blah blah blah

Why do you always dodge the question of who is paying the paid shills like yourself on the forum?  You've made literally 500+ spam accounts that all get banned eventually.  Nobody does such a thing without economic incentive.  Isn't the fact that paid shills are hyping Eth a giant red flag to anyone that's not an idiot?

[SomaliRebel]

Anytime you're ready to stop showing off your mad math skillz by counting stars & stop denying the (I grant you, soul-crushingly cruel) facts, I'll be here to sell you Kleenex.

Why do you always dodge the question of who is paying the paid shills like yourself on the forum?

Won't lie: because I like watching you rage. Is that so wrong?

[afbitcoins]

I've never felt the lure of Eth myself, so pretty much unaffected by it. My feelings are that its blockchain is going to be too big too quick, I don't like proof of stake and in general its not scarce enough to be an excellent store of value. I realise that eth is not meant to be a store of value but is fuel to run a world computer or something. meh. Bitcoin is still the king as far as I'm concerned. Like a sleeping dragon. Only pretender is Dash which has attributes of bitcoin that I like with many other interesting innovations into the mix.

[Assmaster2000]

^^Get back to me when all the featured articles on Coindesk (top 4 ) are about Dash