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Author Topic: I think Ethereum will be finished after this attack  (Read 15572 times)
Rav3n85
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June 24, 2016, 06:03:48 AM
 #81

lets see what happens, feels like 2014 again haha
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June 24, 2016, 07:10:01 AM
 #82

Ethereum will stay as long as there are plenty of investors making a lot of money from it.

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plexasm
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June 24, 2016, 07:41:13 AM
 #83

The fact that any person or small group of people can make someone's Ether useless is a problem. In a truly decentralized system that's not an option because it's virtually impossible

Also people who engage in smart contracts from now on will be very skeptical that they may be subject to theft, since many people who want smart contracts aren't developers

so i see it as a problem moving forward in terms of the power a smart contract exploit can have, and also even the discussion about forking is an admission that the system is not completely decentralized
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June 28, 2016, 05:03:06 PM
 #84

The fact that any person or small group of people can make someone's Ether useless is a problem. In a truly decentralized system that's not an option because it's virtually impossible

Also people who engage in smart contracts from now on will be very skeptical that they may be subject to theft, since many people who want smart contracts aren't developers

so i see it as a problem moving forward in terms of the power a smart contract exploit can have, and also even the discussion about forking is an admission that the system is not completely decentralized

That is a kind of law enforcement in the digital world. It is still new. We need to have more exploration of that.
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June 28, 2016, 05:23:41 PM
 #85

It was dead on arrival, not everyone could see it.
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June 30, 2016, 01:03:13 PM
 #86

It was dead on arrival, not everyone could see it.

The Ethereum Foundation has some funding left. It should have enough to develop the Ethereum further.
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June 30, 2016, 02:09:30 PM
 #87


If you've missed ETH ICO,  today is actually the best time to buy ETH for the moment they've fixed issues, you will once again missed the train.
I remember there was a thread about someone kicking himself all because he didn't invest to it back when its price were just cents.









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June 30, 2016, 11:39:11 PM
 #88


If you've missed ETH ICO,  today is actually the best time to buy ETH for the moment they've fixed issues, you will once again missed the train.
I remember there was a thread about someone kicking himself all because he didn't invest to it back when its price were just cents.


I think this is a train many of us will make sure to miss.
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June 30, 2016, 11:52:10 PM
 #89

Once the hard fork is done there will be a huge dump from the participants who get their coins back. So in the short term there will be a period of uncertainity ,in the long term I think it will be a slow death.
Ethereum's  case is different from btc's mtgox incident, now we have a code fail to prove that the whole logic behind the project is valnuerable. To me it is possible that they will need an other hf to update the language and give the developers the ability to run more tests before their code goes live.
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July 01, 2016, 12:46:44 AM
 #90

I think that ETH will survive this DOA attack. My concern is when they go from POS to POW.
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July 01, 2016, 12:50:38 AM
 #91

This is what you call checkmate. Game over!

^ I am with STUPID!
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July 01, 2016, 02:18:23 AM
 #92

the delusional and bagholders still holding on for dear life !


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reb0rn21
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July 01, 2016, 02:49:26 AM
 #93


If you've missed ETH ICO,  today is actually the best time to buy ETH for the moment they've fixed issues, you will once again missed the train.
I remember there was a thread about someone kicking himself all because he didn't invest to it back when its price were just cents.

"fix" what is there to fix?
The problem with ethereum is not bugs or the way it was planed to work, its more concept problem, being to open and confused to use with no clear guides or plan for what it gona be used
Also bigger problem the ppl behind it wants to have 100% control, and this is crucial flow
Also mayor mistake from beginning was promoting it as BTC 2.0, ethereum should never compete with BTC! his place is corporation use and not currency decentralized concept!

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July 01, 2016, 03:15:07 AM
 #94

Also mayor mistake from beginning was promoting it as BTC 2.0, ethereum should never compete with BTC! his place is corporation use and not currency decentralized concept!

This was not a mistake, ask yourself why a major Bitcoin outlet like Coindesk promoted Ethereum from day one with the rhetoric of being the next Bitcoin, ask yourself why it was allowed to do so? There are two major reasons but the most certain one is that it would never ever be BTC 2.0.

Do you really think Coindesk provides absolutely unbiased news about cryptocurrencies, with no ulterior motive at all? They are about as unbiased as FOX News or MSNBC.   Roll Eyes You have much to learn about the Cryptocurrency space, newbie. (Or did you just create this sockpuppet account to try and get real noobs to help in the fight to prop up the sagging Ethereum markets.)
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July 01, 2016, 03:21:18 AM
 #95

Also mayor mistake from beginning was promoting it as BTC 2.0, ethereum should never compete with BTC! his place is corporation use and not currency decentralized concept!

This was not a mistake, ask yourself why a major Bitcoin outlet like Coindesk promoted Ethereum from day one with the rhetoric of being the next Bitcoin, ask yourself why it was allowed to do so? There are two major reasons but the most certain one is that it would never ever be BTC 2.0.

Do you really think Coindesk provides absolutely unbiased news about cryptocurrencies, with no ulterior motive at all? They are about as unbiased as FOX News or MSNBC.   Roll Eyes You have much to learn about the Cryptocurrency space, newbie. (Or did you just create this sockpuppet account to try and get real noobs to help in the fight to prop up the sagging Ethereum markets.)

Thats exactly what I meant. What motives are there we can only speculate.

I'm nothing defending ETH at all, by the contrary. There was also no point in saying what I think when it was being pumped and the creators were making bank, people would simply call sour grapes.

OK, my apologies for my misunderstanding. You're a prodigy newbie. Wink
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July 01, 2016, 06:45:20 AM
Last edit: July 01, 2016, 07:14:59 AM by 2dogs
 #96

That's correct.
You can think of your losses ....as "tuition".
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July 02, 2016, 08:23:40 PM
 #97

Ethereum will not die, silly.  Just because your Lego structure that you built was unstable initially, does not mean that you throw your Legos themselves away!

Ethereum and programmable chains will continue to teach devs what not to do.

But then again, we always knew that Ethereum was just a teaching tool:

That teaching tool was very expensive. The price is more than $1 billion.

Does anybody know when the proper soft fork software will come out?
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July 02, 2016, 11:18:34 PM
 #98

What doesn't kill you only serves to make you stronger. It's time to buy more ETH.

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July 03, 2016, 12:12:40 AM
 #99

What doesn't kill you only serves to make you stronger. It's time to buy more ETH.

I bought some while diversifying my portfolio investments, this is not a good time to be too confident on ETH.
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July 03, 2016, 07:03:56 PM
 #100

What doesn't kill you only serves to make you stronger. It's time to buy more ETH.

I bought some while diversifying my portfolio investments, this is not a good time to be too confident on ETH.

But the miners are very confident in the Ethereum. Look at the network hash rate, it is another all time high.

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