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Author Topic: ETH hardfork incoming.  (Read 18991 times)
sadasa
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July 26, 2016, 11:18:34 AM
 #241


ETC is gonna skyrocket!!!  From $50 million to over a billion. 

And all that with no devs? lol

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allyplus
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July 26, 2016, 11:19:02 AM
 #242

so etc will replace eth ?  Huh
SolomonRising
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July 26, 2016, 11:20:03 AM
 #243

so etc will replace eth ?  Huh

No.  Both are game.  At least short - medium term.

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July 26, 2016, 11:20:35 AM
 #244


ETC is gonna skyrocket!!!  From $50 million to over a billion. 

And all that with no devs? lol

Oh, you mean like the brilliant devs from ETH?  lol

The fear of the LORD is the beginning of wisdom: and the knowledge of the Holy One is understanding.
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July 26, 2016, 05:21:20 PM
 #245

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July 26, 2016, 05:25:40 PM
 #246

I'm going to hold 5 coins for a week, on an experiment. My ultimate prediction is that ideology (and profit motive) is going to cause a temporary exit from ETH to ETC. My reasoning? Way easier to mine ETC. This will create some selling pressure, but I think everyone won't be so quick to sell. ESP if btc keeps sliding down.

Slightly concerned about the dip.


Disclaimer: holding 5 etc
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July 26, 2016, 05:29:47 PM
 #247


ETC is gonna skyrocket!!!  From $50 million to over a billion. 

And all that with no devs? lol

Oh, you mean like the brilliant devs from ETH?  lol
Yes. With 10 months we've made a billion dollar market. What have you done?

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July 26, 2016, 07:13:13 PM
 #248


ETC is gonna skyrocket!!!  From $50 million to over a billion. 

And all that with no devs? lol

Oh, you mean like the brilliant devs from ETH?  lol
Yes. With 10 months we've made a billion dollar market. What have you done?

The Eth technology can be applied to the ETC. But if the ETC wants to develop other things, it has to employ somebody.
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July 27, 2016, 08:44:59 AM
 #249


ETC is gonna skyrocket!!!  From $50 million to over a billion. 

And all that with no devs? lol

Oh, you mean like the brilliant devs from ETH?  lol
Yes. With 10 months we've made a billion dollar market. What have you done?

The Eth technology can be applied to the ETC. But if the ETC wants to develop other things, it has to employ somebody.

It is too early to think about that. I am wondering if the ETC can withstand the attack from the dumping of the ETC by various interested parties,
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July 27, 2016, 03:10:43 PM
 #250


ETC is gonna skyrocket!!!  From $50 million to over a billion. 

And all that with no devs? lol

Oh, you mean like the brilliant devs from ETH?  lol

Please, if you realized how dumb your post was, it would not finish with lol.

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Kewatia
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July 27, 2016, 05:55:47 PM
 #251


ETC is gonna skyrocket!!!  From $50 million to over a billion. 

And all that with no devs? lol

Oh, you mean like the brilliant devs from ETH?  lol

Please, if you realized how dumb your post was, it would not finish with lol.

When the Ethereum holders dump their ETC, the price could drop a lot, and not many people will mine it, it is quite dangerous.
Cryptology (OP)
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July 28, 2016, 05:15:12 AM
 #252

Looks like the ETC pump is fading. ETC hash rate is now 10% of ETH.
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July 28, 2016, 05:35:12 AM
 #253

Exactly, that's the problem. If you have a community that can vote your balance to zero, even if according to the code of your smart contract your profits are "legit" (e.g. not the consequence of a real hack, e.g. a DDOS attack) then that means that the contract is not irreversible. Contracts should only be reversed by consent of all its parties, not by a majority.

I know they're saying now "all ETC supporters are sympathizing with the hacker". It's not about that. It's about to recognize that contracts can be buggy and that you have to make a risk analysis before you invest in a DAO or a similar model.

That's why I'm more in favor of ETC than of the old ETH in this conflict.

I have a question. Why and how did the slock.it developers end up developing an insecure smart contract? I thought they have security reviews and security audits done with them and they were very confident it is secure. Maybe someone should get to the bottom of this.

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July 28, 2016, 05:42:03 AM
 #254

According to coinmarketcap.com there are twice ether (eth + etc) in circulation. That's correct or am I missing something?
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July 28, 2016, 09:49:06 AM
 #255

I have a question. Why and how did the slock.it developers end up developing an insecure smart contract? I thought they have security reviews and security audits done with them and they were very confident it is secure. Maybe someone should get to the bottom of this.

In what way did they have an insecure smart contract ?  They simply had a smart contract that didn't do what they said/intended it to do.  But that's normal.  No code ever does exactly as intended.  They told you upfront that you shouldn't take their intentions as the law, but rather the code.  And then people came in and changed the block chain, so that what they said wasn't true either.  Now nor the code, nor their intentions are the law.
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July 29, 2016, 07:06:44 AM
 #256

According to coinmarketcap.com there are twice ether (eth + etc) in circulation. That's correct or am I missing something?

At present there are two versions of the Ethereum being listed by some exchanges. But one of them could be a scam.
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July 29, 2016, 07:20:25 AM
 #257

And all that with no devs? lol

All ETH developers are automatically also, whether they want or not, ETC developers, given that it is essentially identical open source code.
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July 29, 2016, 07:33:15 AM
 #258

And all that with no devs? lol

All ETH developers are automatically also, whether they want or not, ETC developers, given that it is essentially identical open source code.
So what you are saying is that ETC being the Criminals coin they are stealing all the ETH devs hard work.

#ETC=EthereumCriminals

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July 29, 2016, 07:53:08 AM
 #259

All ETH developers are automatically also, whether they want or not, ETC developers, given that it is essentially identical open source code.
So what you are saying is that ETC being the Criminals coin they are stealing all the ETH devs hard work.

Visibly, you didn't understand the concept of smart contract and "code is law", and now you don't understand the concept of "free open source code".
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July 29, 2016, 07:56:20 AM
 #260

All ETH developers are automatically also, whether they want or not, ETC developers, given that it is essentially identical open source code.
So what you are saying is that ETC being the Criminals coin they are stealing all the ETH devs hard work.

Visibly, you didn't understand the concept of smart contract and "code is law", and now you don't understand the concept of "free open source code".

No, law is law. And a thief will always be a thief.

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