Who will the SEC investigation uncover as the Eth manipulator?

[r0ach]

I wonder if the wisdom of the crowd will sniff out the perpetrator.  The Chinaman is coming in dead last, bankers in second place, which leaves...

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[rdnkjdi]

Eth is currently pumping because of the rumors they will be listed on OKCoin. 

IMO the only reason Eth is above $8 a coin (instead of hovering somewhere around litecoin) is because bitcoin is pretty much refusing to do on chain scaling. 

[r0ach]

Eth is currently pumping because of the rumors they will be listed on OKCoin. 

IMO the only reason Eth is above $8 a coin (instead of hovering somewhere around litecoin) is because bitcoin is pretty much refusing to do on chain scaling. 

You make 0 sense because scaling is even more important for Eth than Bitcoin, yet Eth doesn't scale.

The Bitcoin scaling road map is fine, just conservative moving from point A to B:

http://coinjournal.net/blockstream-president-adam-back-shares-roadmap-scaling-bitcoin/

[rdnkjdi]

Bitcoins roadmap is for scaling pretty much 100% off chain.

Ethereums roadmap is for scaling on chain.  With 100's and then 1000's of TPS + statetree pruning there is much more promise of on chain scaling in Ethereum than bitcoin.

Edit:  I traded Eth for BTC and my transaction was hung for over 12 hours @ ShapeShift.  No doubt this was their problem, there's nothing wrong with the new currency of the world's future only being able to handle 7TPS, it's my fault for using ShapeShift etc. . . BitCoin is a bigger pain in the ass to use than any of the other cryptos I deal with.

[r0ach]

Bitcoins roadmap is for scaling pretty much 100% off chain.

Transaction bundling, or "caching" as they call it, is technically on-chain.

Ethereums roadmap is for scaling on chain.  With 100's and then 1000's of TPS + statetree pruning there is much more promise of on chain scaling in Ethereum than bitcoin.

We all know this is bullshit.  Any recursive, closed entropy system like proof of stake is a permissioned ledger in the first place, not a decentralized currency or network.  Then each attempt at doing a partition will create further permissioned ledgers, isolated from one another without interoperability.  In the end, it's like a centralized company like Amazon offering instances of a VM, except Eth will have a million times more overhead to do the same thing.  There's no reason for such a system to exist.  It's a dysfunctional Rube Goldberg machine designed to try and make money from people who can't figure out how it works.

[r0ach]

It's over.  This thing is too scammy even for Goldman Sachs people to touch with a stick:

Not when you have r0ach and Spoetnik FUDing up the place.

Yea, calling a scam a scam is "fud" right?  Even Goldman Sachs is like "wow this thing is one horrible financial instrument", and their usual investments are things like...mortgage backed securities haha.

[tokeweed]

Since when did we start listening to the banksters and what does he know about crypto?

[tokeweed]

And who's 'Fail Community'?  Lol..  I hope it ain't FailCoin.  LOL!

[r0ach]

[benthach]

if SEC looking into poloniex i'm 100% sure this eth would be done

[r0ach]

if SEC looking into poloniex i'm 100% sure this eth would be done

I remember looking up the law and there were a few odd states in the middle of nowhere in the US that were exempted from some of the AML/KYC stuff that other states had the burden of.  Poloniex just happened to be in one of those states heh (Montana).

[TrueAnon]

I enjoy such threads that try to examine the truth behind such coins/ICO's.  But wth the whales just KEEP throwing btc at ETH and these other attached things...why?! Because they can??  Trade, make BTC, and screw all others right??

[tokeweed]

if SEC looking into poloniex i'm 100% sure this eth would be done

Nope.  Millions more volume at other exchanges.

[ArticMine]

Or maybe the SEC will simply turn the whole thing over to FinCEN.

[bl234st]

benthach, Spoetnik both agree with you r0ach. Never thought you were campaigning for the three stooges job, but congrats!  

[RoseMann]

The Inland Revenue Service thinks the bitcoin is a property. The Chicago Board of Commerce think it is a commodity. So Can SEC deal with it?

[r0ach]

Or maybe the SEC will simply turn the whole thing over to FinCEN.

Just buy 1/10th of an Eth so you can get in on the  class action lawsuit:

Who decides how and which issues are organized and presented to the voters; and is that influence effectively centralized control?

I'm not sure what side you're trying to take on if it's an investment security or not, but since it's not possible to even have a decentralized system without PoW (PoS is a permissioned ledger), that seems like it would automatically fail for all Eth's legal defenses once they switch to proof of stake.  The fact that they held an IPO for the proof of stake system just puts them further in the grave.

Maybe I should buy just 1 Eth so I can sue them for fraud.

[r0ach]

Poll results seem to be unanimous so far...

[stoat]

ethereum has more buyers than roach's mum.  Creating jealousy

[r0ach]

The Stoat spam has decreased a lot after that Eth double top and beginning of dump.