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Monerobuyer0
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June 17, 2016, 06:46:26 PM |
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Shouldve bought Monero.
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monsanto
Legendary
 Offline
Activity: 1241
Merit: 1005
..like bright metal on a sullen ground.
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June 18, 2016, 05:05:11 AM |
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This is very interesting.. As they say - IF they can somehow 'FIX' this.. (rollback / blacklist / some other thing) it means any government that wants it's ETH back can 'FIX' that too.. very dangerous. I think Ethereum should 'NOT GET INVOLVED'. At all. The truth is that the ETH network is running completely fine. Let DAO sort it out if they can. And if not.. a lesson learned. hmm.. This will probably send us(crypto) back a few years in credibility though..  It is not that simple as you say. Vitalik was one of its Curators along with many others, he put his credibility on the Dao. If it was someone elses project i could agree with you, but he is part of the team and for that i aspect him to take responsability for it. Ethereum is a much larger project, it is not about ETH only, thinking small like that will never get ETH the future it is designed for, btw smart contracts is all about that otherwise it is only a coin. In retrospect he shouldn't have allowed himself to become so closely tied to the project. And the DAO should have limited themselves to a much smaller max ETH investment the way Digix did. |
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Arvidas
Newbie
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Activity: 7
Merit: 0
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June 18, 2016, 08:12:27 AM |
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We were about to run our project on Ethereum. After hard fork I'm not sure it is a good idea. I don't understand how can anyone use blockchain which could be hardforked by creator's decision. |
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hv_
Legendary
Offline
Activity: 2506
Merit: 1055
Clean Code and Scale
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June 18, 2016, 08:47:13 AM |
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We were about to run our project on Ethereum. After hard fork I'm not sure it is a good idea. I don't understand how can anyone use blockchain which could be hardforked by creator's decision. Well spoken, so how can you ensure he's not moving lots of coins to himself .... |
Carpe diem - understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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sadasa
Sr. Member
Offline
Activity: 446
Merit: 250
Unpaid signature.
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June 18, 2016, 09:13:34 AM |
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We were about to run our project on Ethereum. After hard fork I'm not sure it is a good idea. I don't understand how can anyone use blockchain which could be hardforked by creator's decision. No. We the community will decide if we want the fork. If you do not agree with the fork, you can run the old codes. |
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killerjoegreece
Legendary
Offline
Activity: 1666
Merit: 1007
Professional Native Greek Translator (2000+ done)
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June 18, 2016, 09:14:48 AM |
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Guys hard fork is almost always a bad idea.
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hv_
Legendary
Offline
Activity: 2506
Merit: 1055
Clean Code and Scale
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June 18, 2016, 09:45:18 AM |
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Shouldve bought Monero.
getting the new save heaven ? ... some found NAUT at Polo ... |
Carpe diem - understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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MAREVA1956
Newbie
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Activity: 2
Merit: 0
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June 18, 2016, 09:52:27 AM |
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It is high time the community to alert thieves that will not be tolerated. To attract people to the idea of bitkoin must observe basic human norms.
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Arvidas
Newbie
Offline
Activity: 7
Merit: 0
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June 18, 2016, 01:46:08 PM |
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It is high time the community to alert thieves that will not be tolerated. To attract people to the idea of bitkoin must observe basic human norms.
What will be next step? Court of any country? I also agree that thieves should not get stolen eth, but hardfork is the worst ideas. |
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Lucentar
Newbie
Offline
Activity: 20
Merit: 0
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June 18, 2016, 03:28:01 PM |
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It is high time the community to alert thieves that will not be tolerated. To attract people to the idea of bitkoin must observe basic human norms.
What will be next step? Court of any country? I also agree that thieves should not get stolen eth, but hardfork is the worst ideas. It is the worst ideas. But the bitcoin had many hard forks before, it is doing very well now. Ehtereum is still young. |
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BitUsher
Legendary
Offline
Activity: 994
Merit: 1034
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June 18, 2016, 03:32:23 PM |
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It is the worst ideas. But the bitcoin had many hard forks before, it is doing very well now. Ehtereum is still young.
Bitcoin never had a HF. 2010 was a SF , and 2013 We decided to reject the HF and stay on the original chain! |
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shigoga
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June 18, 2016, 06:08:43 PM |
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Hold on, if we hardfork and you can redeem DAO tokens for ETH at 100:1 again, wouldnt be a good idea to buy a bunch of DAO right now when the price is VERY low and redeem it for ETH afterwards for crazy profits?
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BitUsher
Legendary
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Activity: 994
Merit: 1034
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June 18, 2016, 06:17:43 PM |
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Hold on, if we hardfork and you can redeem DAO tokens for ETH at 100:1 again, wouldnt be a good idea to buy a bunch of DAO right now when the price is VERY low and redeem it for ETH afterwards for crazy profits?
Nope there was no proof or burn here , as those tokens are holding back ETH from hitting up the market. Once those ETH are release a certain amount of Eth users will sell out to btc or fiat out of fear of further capitulation and uncertainty. Price is likely to continue Dropping. whether you should short or not is another matter. |
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Docnaster
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June 18, 2016, 06:22:55 PM |
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Hold on, if we hardfork and you can redeem DAO tokens for ETH at 100:1 again, wouldnt be a good idea to buy a bunch of DAO right now when the price is VERY low and redeem it for ETH afterwards for crazy profits?
Nope there was no proof or burn here , as those tokens are holding back ETH from hitting up the market. Once those ETH are release a certain amount of Eth users will sell out to btc or fiat out of fear of further capitulation and uncertainty. Price is likely to continue Dropping. whether you should short or not is another matter. If you already have the Ethereum, you can buy the DAO at 50% discount and make 100% profit when converting back. |
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BitUsher
Legendary
Offline
Activity: 994
Merit: 1034
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June 18, 2016, 06:28:57 PM |
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If you already have the Ethereum, you can buy the DAO at 50% discount and make 100% profit when converting back.
You are gambling on what those ratios will be like in 27 days , and you are assuming that the price of ETH won't slide as it gets dumped for fiat/btc and that there won't be direct trades created that place others ETH ahead of your in the queue. |
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shigoga
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June 18, 2016, 07:27:55 PM |
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If you already have the Ethereum, you can buy the DAO at 50% discount and make 100% profit when converting back.
You are gambling on what those ratios will be like in 27 days , and you are assuming that the price of ETH won't slide as it gets dumped for fiat/btc and that there won't be direct trades created that place others ETH ahead of your in the queue. Honestly i dont see ETH staying very low, theres nothing wrong with it really.. this whole thing will blow over and once BTC stabilizes for a little while ETH will start rising again.. |
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BitUsher
Legendary
Offline
Activity: 994
Merit: 1034
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June 18, 2016, 07:36:00 PM |
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If you already have the Ethereum, you can buy the DAO at 50% discount and make 100% profit when converting back.
You are gambling on what those ratios will be like in 27 days , and you are assuming that the price of ETH won't slide as it gets dumped for fiat/btc and that there won't be direct trades created that place others ETH ahead of your in the queue. Honestly i dont see ETH staying very low, theres nothing wrong with it really.. this whole thing will blow over and once BTC stabilizes for a little while ETH will start rising again.. Eth contracts are riddled with Security holes and attack vectors as well. Aren't you aware? http://hackingdistributed.com/2016/06/16/scanning-live-ethereum-contracts-for-bugs/Turing complete and recursion allow for a tremendous amount of exploits and attack vectors. This is just getting started. What you call Ethereum's principle feature is also its greatest weakness. |
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haendehochueberfall
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June 18, 2016, 07:53:45 PM |
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eth concept is broken. The devs have no idea what they are doing. It's a shitcoin and always was.
There is no way of fixing it. They need to start from scratch. They will soon admit this too.
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Juhagic
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June 18, 2016, 08:13:46 PM |
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We were about to run our project on Ethereum. After hard fork I'm not sure it is a good idea. I don't understand how can anyone use blockchain which could be hardforked by creator's decision. Vitalik does not decide, the Ethereum community decides if they want to hard fork or not. The miners decide. |
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