Spoetnik
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FUD Philanthropist™
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June 17, 2016, 04:51:58 PM |
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Broad diversification is key to success in investing. ? AHHAHAHAHHAH Look who says that know.. Captain ETH SHILL  And NO this is no way like Wallstreet Penny Stocks. This is a scam fest with hackers to boot ! How many guys have done time for inside trading like in the REAL stock market ? NONE. Enough with that stupid retarded analogy please ..thanks. But good points overall i agree with most of (who are actually smart) ..these ETH shills are morons. and.. usually cowards hiding behind piles of anonymous disposable noob accounts ( like freshman777) ..so they can run later and hide when they acre caught up in scammy BS. Lesson learned guys ? Don't invest in scammy ICO schemes by noobs.. for profit @Freshman ..yes we want *some* regulations to prevent you thieves from ripping us off ! Stick to the stock market ? So what you want to push the whole "it's like stocks angle" until we bring up LAWS ? LOL you clown ahahhahah |
FUD first & ask questions later™ |
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freshman777 (OP)
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June 17, 2016, 04:58:47 PM |
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Who could have thunk Spoetnik is anti free market too. You guys deserve to be taxed to death, ordered around by regulators who live on your tax money. Pay and don't complain when they squeeze every last cent from your pension plans.
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ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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anthonydar
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★CryptoGamesFX.com★
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June 17, 2016, 05:19:10 PM |
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It's dead that is what..
No one is going to trust it now that it's been hacked that bad !
People will still make a distinction between DAO and ETH, won't they? Ether seems to have already recovered quite a bit. I think it's over. There is a difference between exchanges being hacked (these are local businesses) and the code of a coin being over-written, and DAO was a contract written on top of Ether. This was fundamental, and I understand that the flaws were first pointed out in 2015 but nobody bothered to correct them. The conclusion - robust code matters, and coins that have stood the test of time (bitcoin but also ltc and doge) will win over stuff that is clever-clever but turns out to have built in flaws. Nothing what ETH devs can't rollback from, once they master it they can do it everyday or hour! If they do it like that, I will not run their code, their coin will become zero value. We will create a new Etheruem. |
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GreenBits
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June 17, 2016, 05:25:07 PM |
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Broad diversification is key to success in investing.
Saving money in 2 coins or stocks can wipe half of your capital if one of the two goes south.
Put your dough in 5-10 coins, if one of them collapses you only lose 10-20% of your capital and can quick recover your losses. Read what professional investors do, they recommend investments spread over 10-20 ventures. Above 20 is difficult to keep track of. But 5 is a bare minimum, everyone can keep track of 5 coins and be insured against large unexpected hits.
In crypto broad diversification is picking coins with original code that are not Bitcoin clones. You diversify the software and the devs, programming languages.
To add to that, I would say that the majority of your portfolio should be in bitcoin. Alts can be used to give you that extra profit, but you shouldn't bet your house on alts. Buying an alt is like buying bitcoin leveraged. It's much higher risk than buying bitcoin, you can make much bigger gains or lose everything. If you stick to bitcoin even if it goes down you still get money back if you decide to sell. With alts you can get much less back, or nothing if your alt dies. I never considered this, but he has a point. Literally, given that all the alts are basically an "evolution" of the idea of bitcoin (ha) it is very similar to buying leveraged bitcoin. Good observation. You can ride the alts like btc, but it's hard, because the alts are all pretty much too volatile for any kind of serious prediction. Btc juuuust finally smoothed out. |
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Zer0Sum
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Merit: 1000
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June 17, 2016, 05:48:03 PM |
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It's dead that is what..
No one is going to trust it now that it's been hacked that bad !
People will still make a distinction between DAO and ETH, won't they? Ether seems to have already recovered quite a bit. I think it's over. There is a difference between exchanges being hacked (these are local businesses) and the code of a coin being over-written, and DAO was a contract written on top of Ether. This was fundamental, and I understand that the flaws were first pointed out in 2015 but nobody bothered to correct them. The conclusion - robust code matters, and coins that have stood the test of time (bitcoin but also ltc and doge) will win over stuff that is clever-clever but turns out to have built in flaws. Nothing what ETH devs can't rollback from, once they master it they can do it everyday or hour! What FUD, there is no "rollback"... exactly one account holds the hacker's ETH... And that account is in a Child DAO that is frozen anyway for 27 days while "tokens are created". This all comes down to the incompetent design of the DAO contract... As soon as I saw it a month ago I knew there would be, at best, complexity issues with recursive Child DAOs. As I've said before... Whenever someone crosses the street via the North Pole, they are either crooked or incompetent... And the Slock.it Group led by Stephan Tual which spawned the DAO was both. No wonder Ethereum deprecated their Forum... reddit can deal with the Pinheads. |
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anthonydar
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Merit: 100
★CryptoGamesFX.com★
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June 20, 2016, 02:07:07 PM |
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It's dead that is what..
No one is going to trust it now that it's been hacked that bad !
People will still make a distinction between DAO and ETH, won't they? Ether seems to have already recovered quite a bit. I think it's over. There is a difference between exchanges being hacked (these are local businesses) and the code of a coin being over-written, and DAO was a contract written on top of Ether. This was fundamental, and I understand that the flaws were first pointed out in 2015 but nobody bothered to correct them. The conclusion - robust code matters, and coins that have stood the test of time (bitcoin but also ltc and doge) will win over stuff that is clever-clever but turns out to have built in flaws. Nothing what ETH devs can't rollback from, once they master it they can do it everyday or hour! What FUD, there is no "rollback"... exactly one account holds the hacker's ETH... And that account is in a Child DAO that is frozen anyway for 27 days while "tokens are created". This all comes down to the incompetent design of the DAO contract... As soon as I saw it a month ago I knew there would be, at best, complexity issues with recursive Child DAOs. As I've said before... Whenever someone crosses the street via the North Pole, they are either crooked or incompetent... And the Slock.it Group led by Stephan Tual which spawned the DAO was both. No wonder Ethereum deprecated their Forum... reddit can deal with the Pinheads. I saw this: http://pastebin.com/9MRVDC9hDoes it mean more attacks are coming? Does it mean more accounts have to be frozen? |
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BitUsher
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June 20, 2016, 02:29:03 PM |
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Minecache
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Vave.com - Crypto Casino
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June 20, 2016, 02:37:35 PM |
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Everything coin like is a very high risk investment.
I am always expecting that I won't see a single penny I invested in all of this.
I don't hold BTC, I am here for a good profit or total lose.
Salient advice. I can see BTC crashing to the dogs soon enough as its now turned into a centralised Chinese coin. |
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iamnotback
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June 20, 2016, 02:55:01 PM
Last edit: June 20, 2016, 04:18:55 PM by iamnotback |
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Conclusion is that centralized clusterfucks die. Game Over Butalik. Checkmate: I don't think it's funny, it's savvy. A coder found an exploit and took advantage of it. Let's stop this good samaritan bullshit, if you had 3M ether you would travel, do anything you wanted really. You wouldn't have an aristocratic sense to return it, lol.
I would return them... I would return them too. That is because you n00bs don't understand that when you break Nash equilibrium, then you destroy your block chain forever: https://bitcointalk.org/index.php?topic=1515550.msg15292630#msg15292630 |
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bl234st
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June 20, 2016, 04:42:29 PM
Last edit: June 20, 2016, 10:54:15 PM by bl234st |
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Benthach, its amazing you stayed as long as you did. I'm guessing you took some Iowaska recently, read some of your posts and thought "Holy shit... I'm retarded"! Good on ya brother! You were never taken seriously, and I think you finally realized this. It wasn't your primitive writing style that turned people off, it was your idiocy. Hey look on the bright side. Spoetnik is an idiot, but he will never realize it. You are leaving on your own terms. I for one, applaud you Butthach. Now piss off you tard!  Fuck I am an asshole! But so are all of you, so meh. Cool story bro.. If you are going to talk about drugs then learn how to spell "Ayahuasca" kid. Your a retarded asshole so no i don't expect much from you with your word-salad wall-o-text writing style. PS: ..i can say it because you just admitted it  Oh and WHO are you now ? Talking about two well known guys are you ? I don't think i ever seen your noob account post here before. Got opinions huh ? Too bad.. mine are better  Quality comment you wrote though.. really profound and insightful (post more please) Iowaska, ayahuasca, ayawaska, and yage all means the same thing. But lets dispense with such trivial matters, and delve into what really matters. Is Spoetnik an idiot? Well, yes. I will prove it. I will give you exactly 20 minutes. More then enough time for someone who is... analytical as you put it? Let us put your (cough) analytical style on display right now. If you answer the question correctly, I will bow down, and never return again. BUT, if you don't answer the question, it will show once and for all what many here already know. You're an idiot! 20 minutes. Here is the question. As we all know, you dislike Ethereum. It's a scam, blah,blah. But what I want to know, why is Ethereum a fail technologically? I will give you a hint Spoederman. It has something to do with John Nash equilibrium. In your own words, please elucidate us all how this applies to Ethereum. Remember, you said you were lazy, BUT analytical. Who am I? I am the person who knows the answer, and I am the person who has given you 20 minutes to write a paragraph, or be exposed for what you are... a lazy idiot, not analytical. Tick, Tock, Tick, Tock... You see Spoetnik? Just a few days before the DAO got exploited, I gave you a chance to tell me what was wrong with Ethereum... tech wise. I even gave you a hint. I told you it had something to do with John Nash equilibrium. Anonymint: "I think it is important to note that anyone can start becoming a miner now, to avail of this lucrative offer. Checkmate Butalik! Thus the current vote is meaningless as it should be in Nash equilibrium. The DAO and Turing-complete smart contracts broke Nash equilibrium, as we had warned in the Ethereum Paradox thread".Spoetnik, this is why your Hero status is a fuckin joke. You spend way too much time praising yourself, and not enough time researching what you're trashing. I knew ETH was fucked, and this is why I sold most of mine off. Not because of some jack-ass like you, but because of people who actually understand code. Like I said before, you're a complete idiot, and nobody takes you serious, because they know your rants have no substance... just hot air. nOOb! |
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NattyLiteCoin
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June 20, 2016, 05:27:34 PM |
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If they're willing to do escrow through OGN, I'm in. |
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anthonydar
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June 22, 2016, 07:47:15 PM |
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If they're willing to do escrow through OGN, I'm in. Even if you trust the escrow or the hackers , you might not get anything. There will be a soft fork. http://ethpool.org/stats/votes |
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Ayers
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Vave.com - Crypto Casino
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June 22, 2016, 08:03:40 PM |
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Everything coin like is a very high risk investment.
I am always expecting that I won't see a single penny I invested in all of this.
I don't hold BTC, I am here for a good profit or total lose.
Salient advice. I can see BTC crashing to the dogs soon enough as its now turned into a centralised Chinese coin. i think it's crashing only because it went high to fast not because the reason you mentioned, nothing is more decentralized than bitcoin at the moment, and etheruem instead is hanging bad, still, with allt he drama sorrounding the dao and the hacker, by a law point of view |
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