bbc.reporter
Legendary
Offline
Activity: 3122
Merit: 1491
|
|
July 16, 2016, 09:48:00 AM |
|
ETHC will fork away from Vitalik and his nanny chain can whore itself out to the highest bidder. Thats a done deal. It's called The R3 Consortium As of June 23rd they are: Barclays, BBVA, Commonwealth Bank of Australia, Credit Suisse, Goldman Sachs, J.P. Morgan, Royal Bank of Scotland, State Street, UBS, Bank of America, BNY Mellon, Citi, Commerzbank, Deutsche Bank, HSBC, Mitsubishi UFJ Financial Group, Morgan Stanley, National Australia Bank, Royal Bank of Canada, Skandinaviska Enskilda Banken, Société Générale, Toronto-Dominion Bank, Mizuho Bank, Nordea, UniCredit, BNP Paribas, Wells Fargo, ING, Macquarie Group, Canadian Imperial Bank of Commerce, BMO Financial Group, Danske Bank, Intesa Sanpaolo, Natixis, Nomura, Northern Trust, OP Financial Group, Banco Santander, Scotiabank, Sumitomo Mitsui Banking Corporation, U.S. Bancorp, Westpac Banking Corporation, SBI Holdings of Japan, Hana Financial of South Korea, Bank Itau of Brazil and Toyota Financial Services. Not that there are any cartels in the banking world But, surely you didn't think that bloated market cap came from forum users did you? Is this true? Was there an official statement saying it so? Because Ethereum has a myriad of problems we have not seen yet. Who is even the expert telling them to commit to Ethereum? And also scalability is a concern.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
bbc.reporter
Legendary
Offline
Activity: 3122
Merit: 1491
|
|
July 16, 2016, 09:56:19 AM |
|
LoL, I was planning to run both chains at the same time too, I wonder how many others will do the same "There could be an issue in the way the P2P protocol was split that causes cross-talk. There could also be myriad game theoretical attacks possible, like we saw in the DAO -- this is a protocol level change and not just a single contract, it's very much more complex. The DAO was studied for months and much was missed, this has been days from conception to completion." Vitalik should relax and think this through. You can very may well see that the leadership in Ethereum is in panic mode. This is their inexperience showing.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
razdva
|
|
July 16, 2016, 10:48:14 AM |
|
If the majority of the miners accept the bribe and do not soft fork, the Ethereum is destroyed. The ethereum they get is worthless.
|
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
|
|
July 16, 2016, 11:20:56 AM |
|
If the majority of the miners accept the bribe and do not soft fork, the Ethereum is destroyed. The ethereum they get is worthless.
The soft fork proposal is long dead, it would have left ETH vulnerable to DoS attacks. You should know this.
|
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
|
|
|
BitUsher
Legendary
Offline
Activity: 994
Merit: 1035
|
|
July 16, 2016, 12:05:34 PM |
|
|
|
|
|
greenuser
Sr. Member
Offline
Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
|
|
July 16, 2016, 12:21:40 PM |
|
If the majority of the miners accept the bribe and do not soft fork, the Ethereum is destroyed. The ethereum they get is worthless.
Yep soft fork is history. Anyway what does it have to do with miners? The pools decide which "Geth" they run. Miners will not solo to their own "Geth", it takes to long to find a block. And the pools will probably end up being the validators when it all goes to PoS Anyone can vote on http://carbonvote.com/ it is not just limited to miners
|
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
|
|
July 16, 2016, 12:44:59 PM |
|
I'd like to see a real exchange come out in support ETHC trading.
|
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
|
|
|
Docnaster
|
|
July 16, 2016, 05:14:42 PM |
|
I'd like to see a real exchange come out in support ETHC trading. What is your definition of real exchanges? https://www.bitfinex.com/posts/118https://poloniex.com/press-releases/2016.07.15-Ethereum-Hard-Fork/
|
|
|
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
[center][table][tr][td][url=https://stake.com][font=Arial black][size=24pt][glow=#0f212e,2][color=transparent][size=8pt].[/size].[size=9pt][sup][size=16pt][color=#fff]Stake.com[/size][/sup][/size].[size=8pt].[/td] [td][/td][td][/td] [td][size=2pt][tt] [color=#2d4454]▄████████████████████████████████████▄ [glow=#fff,2]██ [color=#ccc]▄▄▄▄▄▄▄▄▄▄[/color] [color=#ccc]▄▄▄▄▄▄▄▄▄▄[/color] ██[/glow] [color=#ed5564]▄████▄[/color] [glow=#fff,2]██ [color=#ccc]▀▀▀▀▀▀▀▀▀▀[/color] [color=#0c79ed]██████████[/color] [color=#ccc]▀▀▀▀▀▀▀▀▀▀[/color] ██[/glow] [color=#ed5564]██████[/color] [glow=#fff,2]██ [color=#0c79ed]██████████ ██ ██ ██████████[/color] ██[/glow] [color=#ed5564]▀██▀[/color] [glow=#fff,2]██ [color=#0c79ed]██ ██ ██████ ██ ██ ██[/color] ██[/glow] [color=#ccc]██[/color] [glow=#fff,2]██ [color=#0c79ed]██████ ██ █████ ███ ██████ ██[/color] ██[/glow][color=#ccc]██▄ ██[/color] [glow=#fff,2]██ [color=#0c79ed]█████ ███ ████ ████ █████ ███[/color] ██[/glow][c
|
|
|
Cryptology (OP)
Legendary
Offline
Activity: 1008
Merit: 1001
In Cryptography We Trust
|
|
July 17, 2016, 05:47:23 AM |
|
And we are locked in for the hard fork... -> https://github.com/ethereum/go-ethereum/releases/tag/v1.4.1087% of ETH voted for the hard fork but roughly only 5% of the outstanding ether voted. It is going to be a very interesting experiment indeed. Can both chains survive long term? and could the aggregate value be greater than the original chain? Make sure your ETH are in an address you control before block 1920000.
|
|
|
|
bbc.reporter
Legendary
Offline
Activity: 3122
Merit: 1491
|
|
July 17, 2016, 05:54:05 AM |
|
There is mention that Poloniex is the only exchange that will allow withdrawals to both chains. How true is this and what will be the implications? Would it also be possible for a user to own coins in both chains simultaneously?
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1116
|
|
July 17, 2016, 05:54:36 AM |
|
Real enough.
|
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
|
|
|
Cryptology (OP)
Legendary
Offline
Activity: 1008
Merit: 1001
In Cryptography We Trust
|
|
July 17, 2016, 07:34:58 AM |
|
Would it also be possible for a user to own coins in both chains simultaneously?
Of course. You need to have the ETH in an address you control before the hardfork happens and then make a copy of your wallet and run 2 instances of geth one on each blockchain. If your ETH are at an exchange when the hard fork happens you'll get whatever the exchanges decides.
|
|
|
|
greenuser
Sr. Member
Offline
Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
|
|
July 17, 2016, 08:03:38 AM |
|
I'd like to see a real exchange come out in support ETHC trading. Coinbase To Add Ethereum Direct Buys later This Month Prob after 20th, but you will be able to buy Eth with a linked card or sell eth and have the cash put on your credit card, just like btc. (Thanks R3)
|
|
|
|
greenuser
Sr. Member
Offline
Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
|
|
July 17, 2016, 08:18:08 AM |
|
quote: The lay of the landWithin the decentralized community, there remains disagreement on the path forward, a factor that has given rise to vigilante efforts, most notably the mysterious Robin Hood group. This group of coders, whose identities are largely unknown as a matter of security, has prepared a two-prong maneuver – or white-hat attack – against the Dark DAO exploiters. The measure is a safety net of sorts, in case the hard fork, now the only option developers have to regain the funds, fails in any way. At stake in this epic computer battle between white hats and Dark DAOs is more than investor funds, but potentially the future of a new business model without leaders. Some, including Jentzsch, are now worried that, should efforts by the community to resolve the situation be unsuccessful, government authorities will step in.end quote: Source: http://www.coindesk.com/author-daos-original-code-minimize-regulatory-backlash/
|
|
|
|
Docnaster
|
|
July 17, 2016, 05:30:45 PM |
|
Would it also be possible for a user to own coins in both chains simultaneously?
Of course. You need to have the ETH in an address you control before the hardfork happens and then make a copy of your wallet and run 2 instances of geth one on each blockchain. If your ETH are at an exchange when the hard fork happens you'll get whatever the exchanges decides. Poloniex will support the main chain. But it will also support the secondary chain briefly. So you can have two coins.
|
|
|
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
[center][table][tr][td][url=https://stake.com][font=Arial black][size=24pt][glow=#0f212e,2][color=transparent][size=8pt].[/size].[size=9pt][sup][size=16pt][color=#fff]Stake.com[/size][/sup][/size].[size=8pt].[/td] [td][/td][td][/td] [td][size=2pt][tt] [color=#2d4454]▄████████████████████████████████████▄ [glow=#fff,2]██ [color=#ccc]▄▄▄▄▄▄▄▄▄▄[/color] [color=#ccc]▄▄▄▄▄▄▄▄▄▄[/color] ██[/glow] [color=#ed5564]▄████▄[/color] [glow=#fff,2]██ [color=#ccc]▀▀▀▀▀▀▀▀▀▀[/color] [color=#0c79ed]██████████[/color] [color=#ccc]▀▀▀▀▀▀▀▀▀▀[/color] ██[/glow] [color=#ed5564]██████[/color] [glow=#fff,2]██ [color=#0c79ed]██████████ ██ ██ ██████████[/color] ██[/glow] [color=#ed5564]▀██▀[/color] [glow=#fff,2]██ [color=#0c79ed]██ ██ ██████ ██ ██ ██[/color] ██[/glow] [color=#ccc]██[/color] [glow=#fff,2]██ [color=#0c79ed]██████ ██ █████ ███ ██████ ██[/color] ██[/glow][color=#ccc]██▄ ██[/color] [glow=#fff,2]██ [color=#0c79ed]█████ ███ ████ ████ █████ ███[/color] ██[/glow][c
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1474
LEALANA Bitcoin Grim Reaper
|
|
July 17, 2016, 06:34:16 PM |
|
the price will go down if:
A. They do not fork as the dao hacker will likely sell all that ETH
B. They do fork and those people who recover their funds from the hack will sell their ETH because they are scared and want out of a broken system/project.
Heads you lose, tails you lose.
They just lose less if they do A because then there reputation isn't now tarnished with "do-overs" and rollbacks that can happen in the future should there be another hack down the road.
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
GreenBits
Legendary
Offline
Activity: 1148
Merit: 1048
|
|
July 17, 2016, 06:49:46 PM |
|
the price will go down if:
A. They do not fork as the dao hacker will likely sell all that ETH
B. They do fork and those people who recover their funds from the hack will sell their ETH because they are scared and want out of a broken system/project.
Heads you lose, tails you lose.
They just lose less if they do A because then there reputation isn't now tarnished with "do-overs" and rollbacks that can happen in the future should there be another hack down the road.
Why are people buying this stuff up to this price? Like you, I can't see the uncertainly immediately after the fork helping anything. So why is this price riding so high? I think it's being manipulated up for the short of the century.
|
|
|
|
smoothie
Legendary
Offline
Activity: 2492
Merit: 1474
LEALANA Bitcoin Grim Reaper
|
|
July 17, 2016, 06:55:31 PM |
|
the price will go down if:
A. They do not fork as the dao hacker will likely sell all that ETH
B. They do fork and those people who recover their funds from the hack will sell their ETH because they are scared and want out of a broken system/project.
Heads you lose, tails you lose.
They just lose less if they do A because then there reputation isn't now tarnished with "do-overs" and rollbacks that can happen in the future should there be another hack down the road.
Why are people buying this stuff up to this price? Like you, I can't see the uncertainly immediately after the fork helping anything. So why is this price riding so high? I think it's being manipulated up for the short of the century. My guess: There are a lot of financial interests at hand that have a bias with the price going up as opposed to down. But I think this whole DAO hack fiasco has been ETH's "mtgox moment". Its not the same thing but it sure feels the same from a sentiment standpoint as far as a crisis is concerned.
|
███████████████████████████████████████
,╓p@@███████@╗╖, ,p████████████████████N, d█████████████████████████b d██████████████████████████████æ ,████²█████████████████████████████, ,█████ ╙████████████████████╨ █████y ██████ `████████████████` ██████ ║██████ Ñ███████████` ███████ ███████ ╩██████Ñ ███████ ███████ ▐▄ ²██╩ a▌ ███████ ╢██████ ▐▓█▄ ▄█▓▌ ███████ ██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─ ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌ ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌ ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─ ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩ ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀ ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀` ²²² ███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
|
|
|
Minecache
Legendary
Offline
Activity: 2380
Merit: 1024
DGbet.fun - Crypto Sportsbook
|
|
July 18, 2016, 12:32:41 AM |
|
the price will go down if:
A. They do not fork as the dao hacker will likely sell all that ETH
B. They do fork and those people who recover their funds from the hack will sell their ETH because they are scared and want out of a broken system/project.
Heads you lose, tails you lose.
They just lose less if they do A because then there reputation isn't now tarnished with "do-overs" and rollbacks that can happen in the future should there be another hack down the road.
Why are people buying this stuff up to this price? Like you, I can't see the uncertainly immediately after the fork helping anything. So why is this price riding so high? I think it's being manipulated up for the short of the century. My guess: There are a lot of financial interests at hand that have a bias with the price going up as opposed to down. But I think this whole DAO hack fiasco has been ETH's "mtgox moment". Its not the same thing but it sure feels the same from a sentiment standpoint as far as a crisis is concerned. It's indeed ETHs Mt Gox moment but it's also showing how strong and resilient the ETH community is. #TogetherWeAreETH
|
|
|
|
EastSound
|
|
July 18, 2016, 08:39:57 AM |
|
the price will go down if:
A. They do not fork as the dao hacker will likely sell all that ETH
B. They do fork and those people who recover their funds from the hack will sell their ETH because they are scared and want out of a broken system/project.
Heads you lose, tails you lose.
They just lose less if they do A because then there reputation isn't now tarnished with "do-overs" and rollbacks that can happen in the future should there be another hack down the road.
Why are people buying this stuff up to this price? Like you, I can't see the uncertainly immediately after the fork helping anything. So why is this price riding so high? I think it's being manipulated up for the short of the century. My guess: There are a lot of financial interests at hand that have a bias with the price going up as opposed to down. But I think this whole DAO hack fiasco has been ETH's "mtgox moment". Its not the same thing but it sure feels the same from a sentiment standpoint as far as a crisis is concerned. It's indeed ETHs Mt Gox moment but it's also showing how strong and resilient the ETH community is. #TogetherWeAreETH It seems the trolls are the people who do not own the Etheruem. They mainly own the Monero or other altcoin.
|
|
|
|
|