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Author Topic: Bitcoin just a step closer to the moon as ethereum fails catastrophically.  (Read 2567 times)
nururochac
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June 17, 2016, 12:20:11 PM
 #21

Imagine how long bitcoin would have lasted if we had hard-forked it every time someone's funds got stolen.  

I think opposite will happen if ever bitcoin had hardfork before it wouldn't be here for some quite now as many people will try to use it as an advantage to others.
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June 17, 2016, 12:32:20 PM
 #22

Vitalik plans a soft+hard fork to secure the funds...hahaha that's not going to end up well.

https://news.bitcoin.com/vitalik-buterin-dao-hack-fixed/
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June 17, 2016, 12:47:31 PM
 #23

LOL

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BitcoinAccepted
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June 17, 2016, 12:49:04 PM
 #24



Anyone want to invest in a perpetual money making machine?

The image is only a prototype as the shadowy autonomous organisation who initially invested in the project are thinking of removing the bankrupt option. It went to a vote at the last board meeting but we couldn't work out who voted for what due the decentralised nature of the committee.

Each proposed share costs half a bitcoin, a few dash and a decimal fraction of monero.

By investing you will own the rights to a signed message of a hash of a share but you can cash out to dogecoin soft toys at any time.

Mark Karpeles has been quoted describing the project as 'risk free'

Who's in?

.
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guoyu78
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June 17, 2016, 12:51:58 PM
 #25

It is the time of bitcoin and the year of bitcoin, so in this time and year only bitcoin will flourish and will become an established currency no any other altcoin.
Asrael999
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June 17, 2016, 01:01:15 PM
 #26



Anyone want to invest in a perpetual money making machine?

The image is only a prototype as the shadowy autonomous organisation who initially invested in the project are thinking of removing the bankrupt option. It went to a vote at the last board meeting but we couldn't work out who voted for what due the decentralised nature of the committee.

Each proposed share costs half a bitcoin, a few dash and a decimal fraction of monero.

By investing you will own the rights to a signed message of a hash of a share but you can cash out to dogecoin soft toys at any time.

Mark Karpeles has been quoted describing the project as 'risk free'

Who's in?

I would like to propose a softwork to change the font used for the word SURPRISE and a hardfork to enable the wheel to spin backwards
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June 17, 2016, 01:02:56 PM
 #27

Imagine how long bitcoin would have lasted if we had hard-forked it every time someone's funds got stolen.  

Etherium amazes me. People pump billions of dollars into an experimental alpha-quality cryptocurrency, despite the fact that it's demonstrably insecure (obviously), and run as a centralized dictatorship.
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June 17, 2016, 01:31:40 PM
 #28

According to some articles and to Gav Would(one of the leading C++ programmer of ETH) the attacker send the funds the child dao where its now being locked up for 30days and he cant withdraw that for that estimated days which on that time the hardfork will process to reverse the funds and retrieve it. So there are still no funds being sold, the drastic dump on eth is for the people that did a panic sell on this FOMO.

This is interesting info. You really mean the attacker did not get to convert anything into BTC?!?!?? That would be lame from his side.
The attack is not over yet!

Now a way to move the funds from the DAO child has to be figured out before the soft and hard fork are being released!

Space for rent if its still trending
nururochac
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June 17, 2016, 02:47:30 PM
 #29



Anyone want to invest in a perpetual money making machine?

The image is only a prototype as the shadowy autonomous organisation who initially invested in the project are thinking of removing the bankrupt option. It went to a vote at the last board meeting but we couldn't work out who voted for what due the decentralised nature of the committee.

Each proposed share costs half a bitcoin, a few dash and a decimal fraction of monero.

By investing you will own the rights to a signed message of a hash of a share but you can cash out to dogecoin soft toys at any time.

Mark Karpeles has been quoted describing the project as 'risk free'

Who's in?

I would like to propose a softwork to change the font used for the word SURPRISE and a hardfork to enable the wheel to spin backwards

I love how you play your words on the roulette and relate it with Ethereum current issue, I was like lol
BitcoinAccepted
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June 17, 2016, 03:14:36 PM
 #30

I would like to propose a softwork to change the font used for the word SURPRISE and a hardfork to enable the wheel to spin backwards

Need a 51% attack to change any fonts mate.

Agree on the reverse spin though - I'll get Vitalik to code it for us.

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d5000
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June 17, 2016, 03:45:45 PM
 #31

Unfortunately, it's not that easy as the OP hopes. Ethereum's problems may actually affect Bitcoin as well.

Not in the sense of that Bitcoin will be "hacked" too. Bitcoin's smart contract language is not turing complete and so it's much more secure than Ethereum's.

The problem is that media reports about the DAO hack will highlight again the scam potential inside the cryptocurrency community, as we know at least since the hacks or failures by Pirateat40 and MtGox. And they will link Ethereum to Bitcoin. As a consequence, Bitcoin and every other cryptocurrency's adoption in the real world could suffer a drawback because of this hack.

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June 17, 2016, 03:53:34 PM
 #32

Im having serious doubts at ETH ever recovering from this. They froze ETH funds in poloniex to avoid panic selling. Scary precedent set.
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June 17, 2016, 04:07:00 PM
 #33

That's why you shouldn't put everything in the latest tech. Bitcoin is tested and proven.

Are you missing the point there ?

You all should not have been investing in a scammy ICO Pyramid scheme to begin with.

It is NOT a currency.

..if you all had invested in say Litecoin for example (which IS a currency)
You would be doing fine..
https://bitcoinwisdom.com/markets/btce/ltcusd

How many of you "Investards" "used" a DAPP ?
And why would you ?

Seems to me you all forgot what ALL OF THIS is about.. currencies.

Not sketchy hobbled together insecure hacked block-chain based ICO schemes for Pyramid profits.



EDIT:
And no it will not affect Bitcoin.. because Ethereum is not a currency and ETH is just an ICO scam.
What was ETH used for ?
DAPPS ?
It was hacked LOL
What is Bitcoin used for ?
A CURRENCY !
Was it hacked ?
Nooooope .

ETH SHILL FAIL RETORT #305

ahahhahahahhaha  Cheesy

FUD first & ask questions later™
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June 17, 2016, 04:13:21 PM
 #34

Vitalik plans a soft+hard fork to secure the funds...hahaha that's not going to end up well.

https://news.bitcoin.com/vitalik-buterin-dao-hack-fixed/

This is an all or nothing event.

If the hack is killed off  eth coin will go over $50 usd a coin.

If the hack succeeds eth will crash and burn.

Make the stakes far higher in the game.  eth coin has recovered fully in price at the moment.  So from now until July 10 or so things will be okay.  Once that 27th day arrives and the fix take or does not take we will know what is up.

Anyone that does not see the forces backing ETH is pretty blind.

intel
AMD
Nvidia       all stand to gain if a gpu coin works thay all have a vested interest in a working gpu base non- asic coin.

Alien gamer pcs
and any gaming pc company also has an interest in Eth coin working.

Than said it could still crash and burn.  It is just more interesting.

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June 17, 2016, 04:21:45 PM
 #35

Im having serious doubts at ETH ever recovering from this. They froze ETH funds in poloniex to avoid panic selling. Scary precedent set.

or a Good precedent as bittrex froze them for a bit too.

plays into my theory this coin may have backing from intel amd and nvidia.

plus major desktop pc builders dell/alienware etc.


Desk top pcs could get a nice boost with a coin like ETH coin.

This could do:

 a) soar prices of eth coin to over 50 usd
b) crash and burn it the fix/save fails

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June 17, 2016, 04:27:01 PM
 #36

Imagine how long bitcoin would have lasted if we had hard-forked it every time someone's funds got stolen.  

Etherium amazes me. People pump billions of dollars into an experimental alpha-quality cryptocurrency, despite the fact that it's demonstrably insecure (obviously), and run as a centralized dictatorship.

You missed the point.. it is NOT a crypto-currency at all.

It is a (for profit) ICO Pyramid Scheme Scam rigged to fuck you all over since day one !

so no this outcome is no surprise at all !

..of course we were going to hear V. Butterin cry "i wuz hacked" it was just a matter of "when"  Roll Eyes

ETH is DEAD - GAME OVER .

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June 17, 2016, 04:29:42 PM
 #37

Im having serious doubts at ETH ever recovering from this. They froze ETH funds in poloniex to avoid panic selling. Scary precedent set.

or a Good precedent as bittrex froze them for a bit too.

plays into my theory this coin may have backing from intel amd and nvidia.

plus major desktop pc builders dell/alienware etc.


Desk top pcs could get a nice boost with a coin like ETH coin.

This could do:

 a) soar prices of eth coin to over 50 usd
b) crash and burn it the fix/save fails

Seriously do you smoke a lot of crack ?
How much an 8-ball an hour or what ?

I have a "theory" too !

ETH will got to 50 cents..

 intel amd and nvidia. ? ahahahhahahhahahhahahhahahhahahahhahahahahhahahahahahhahahahahah

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June 17, 2016, 04:50:48 PM
 #38

Imagine how long bitcoin would have lasted if we had hard-forked it every time someone's funds got stolen.  

if bitcoin ever have a hard fork, I believe this will be the beginning of its falling. many people will lose their trust in btc and abandon it. the most important thing about block chains in my point of view is they are unchangeable. if this principle breaks, it worth nothing

History lesson for those with a short memory:
https://en.wikipedia.org/wiki/History_of_bitcoin
Quote
On 6 August 2010, a major vulnerability in the bitcoin protocol was spotted. Transactions weren't properly verified before they were included in the transaction log or "block chain" which let users bypass bitcoin's economic restrictions and create an indefinite number of bitcoins.[16][17] On 15 August, the vulnerability was exploited; over 184 billion bitcoins were generated in a transaction, and sent to two addresses on the network. Within hours, the transaction was spotted and erased from the transaction log after the bug was fixed and the network forked to an updated version of the bitcoin protocol.

Did THAT hurt bitcoin in any way?

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June 17, 2016, 05:02:46 PM
 #39

@Biodom

Who cares your not a currency scam is NOT comparable to Bitcoin !

You have a lot of balls trying to compare to BTC.. like the fucktard ICO bullshit is even in BTC's league !

nice try but well, not really LOL

mETH head retort fail #306

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June 17, 2016, 09:48:13 PM
 #40

That's why you shouldn't put everything in the latest tech. Bitcoin is tested and proven.

Are you missing the point there ?

You all should not have been investing in a scammy ICO Pyramid scheme to begin with.

It is NOT a currency.

..if you all had invested in say Litecoin for example (which IS a currency)
You would be doing fine..
https://bitcoinwisdom.com/markets/btce/ltcusd

How many of you "Investards" "used" a DAPP ?
And why would you ?

Seems to me you all forgot what ALL OF THIS is about.. currencies.

Not sketchy hobbled together insecure hacked block-chain based ICO schemes for Pyramid profits.



EDIT:
And no it will not affect Bitcoin.. because Ethereum is not a currency and ETH is just an ICO scam.
What was ETH used for ?
DAPPS ?
It was hacked LOL
What is Bitcoin used for ?
A CURRENCY !
Was it hacked ?
Nooooope .

ETH SHILL FAIL RETORT #305

ahahhahahahhaha  Cheesy

This man speak da troof

ETH / DAO / POW-WOW / CHAIRMAN MAO whatever you want to call it is the craziest money making scheme I've ever had the pleasure to watch unfold.

Except I'm not making any money because I'm not fucking stupid enough to put a cent in there.

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