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Author Topic: I think Ethereum will be finished after this attack  (Read 15572 times)
airtoken
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August 02, 2016, 10:02:45 AM
 #181

looks like the new drama that this attack has created in ethereum world has only made it better for making profit, so far the classic version which is called ETC has been rising over the past few days and doesn't seems to be slowing down any time soon even with all the threats that is being made against it.

That is absolutely right. The miners are making good profit by mining the two version of the Ethereum now.

Miners will merge mine as soon as they can. I think we'll get a parity in price and thing could be stable with merge mining. If no merge mining is official until parity i'd expect the dirt-fork to bite the dust. But that line of thought is likely out of reach for the dirt-fork-amateurs to get their head around in time.
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August 02, 2016, 11:23:45 AM
 #182

looks like the new drama that this attack has created in ethereum world has only made it better for making profit, so far the classic version which is called ETC has been rising over the past few days and doesn't seems to be slowing down any time soon even with all the threats that is being made against it.

That is absolutely right. The miners are making good profit by mining the two version of the Ethereum now.

Miners will merge mine as soon as they can. I think we'll get a parity in price and thing could be stable with merge mining. If no merge mining is official until parity i'd expect the dirt-fork to bite the dust. But that line of thought is likely out of reach for the dirt-fork-amateurs to get their head around in time.

That is a good idea. Is there any plan to merge mine the coins by the developers or miner can do it themselves?

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August 04, 2016, 07:38:41 AM
 #183

looks like the new drama that this attack has created in ethereum world has only made it better for making profit, so far the classic version which is called ETC has been rising over the past few days and doesn't seems to be slowing down any time soon even with all the threats that is being made against it.

That is absolutely right. The miners are making good profit by mining the two version of the Ethereum now.

Miners will merge mine as soon as they can. I think we'll get a parity in price and thing could be stable with merge mining. If no merge mining is official until parity i'd expect the dirt-fork to bite the dust. But that line of thought is likely out of reach for the dirt-fork-amateurs to get their head around in time.

That is a good idea. Is there any plan to merge mine the coins by the developers or miner can do it themselves?

I do not think the Ethereum Foundation will support the ETC any more. They will work 100% on ETH.

Mike8
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August 04, 2016, 07:48:53 AM
 #184

I do not think the Ethereum Foundation will support the ETC any more. They will work 100% on ETH.

That's the only thing to do if they want to go forward.
The famous quote that applies here is "If I look back I am lost".
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August 05, 2016, 07:31:38 AM
 #185

looks like the new drama that this attack has created in ethereum world has only made it better for making profit, so far the classic version which is called ETC has been rising over the past few days and doesn't seems to be slowing down any time soon even with all the threats that is being made against it.

That is absolutely right. The miners are making good profit by mining the two version of the Ethereum now.

Miners will merge mine as soon as they can. I think we'll get a parity in price and thing could be stable with merge mining. If no merge mining is official until parity i'd expect the dirt-fork to bite the dust. But that line of thought is likely out of reach for the dirt-fork-amateurs to get their head around in time.

That is a good idea. Is there any plan to merge mine the coins by the developers or miner can do it themselves?

I do not think the Ethereum Foundation will support the ETC any more. They will work 100% on ETH.

Many developers have already claimed that they will support the ETH only, that could be reason for the drop of the ETC.
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August 06, 2016, 08:16:05 AM
 #186

looks like the new drama that this attack has created in ethereum world has only made it better for making profit, so far the classic version which is called ETC has been rising over the past few days and doesn't seems to be slowing down any time soon even with all the threats that is being made against it.

That is absolutely right. The miners are making good profit by mining the two version of the Ethereum now.

Miners will merge mine as soon as they can. I think we'll get a parity in price and thing could be stable with merge mining. If no merge mining is official until parity i'd expect the dirt-fork to bite the dust. But that line of thought is likely out of reach for the dirt-fork-amateurs to get their head around in time.

That is a good idea. Is there any plan to merge mine the coins by the developers or miner can do it themselves?

I do not think the Ethereum Foundation will support the ETC any more. They will work 100% on ETH.

Many developers have already claimed that they will support the ETH only, that could be reason for the drop of the ETC.

If the market cap of ETC is higher than ETH, they will also support the ETC. There is nothing concrete now.

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August 06, 2016, 03:56:59 PM
 #187

Huh ? Market cap cannot possibly increase without a huge pump / manipulation from bitcoin whales. DEVS don't develop dapps / projects on ethereum because of the market cap, but because of it's capabilities / development. Ethereum in 6 to 12 months will move to proof of stake, and this is a long term project. Abandoned chain / etc on the other side, well, it has no potential at all because of the difficulty bomb in it's code. So it has to either hard fork to remove the difficulty bomb ,or hardfork to move to POS. Moving to POS is impossible in ETC's state, since it may  take years to be implemented without the help of ethereum foundation, and they wont help, they have their own project to work on ,ethereum. So the only option left for ETC is to hardfork somewhere next year or in max 2 years to remove the difficulty bomb, but in which case, it wont be a DAPP platform but a monetary system like litecoin, monero, and many others.
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August 06, 2016, 03:58:59 PM
 #188

So there's no chance of seeing DAPPs on ETC, except for the very small and unimportant ones, like betting dapps and so on, only short term projects with sole purpose of boosting market cap by attracting ill informed people about ETC's curent developing state.
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August 07, 2016, 03:25:27 AM
 #189

So there's no chance of seeing DAPPs on ETC, except for the very small and unimportant ones, like betting dapps and so on, only short term projects with sole purpose of boosting market cap by attracting ill informed people about ETC's curent developing state.

You are already judging it and deeming your statement as a matter of fact. We have not even seen what future lies ahead with the forked chain yet. It could still fail and everyone will be in a hurry to get back to the original chain. Remember the important dapps in the forked chain are also confused now in what the future holds in Ethereum fork.

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rudalist
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August 07, 2016, 03:57:42 AM
 #190

Until now ethreum still exist price is standard not down is low price
and not up over high price and capitalization volume transaction is very good
Kaller
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August 07, 2016, 06:14:15 AM
 #191

So there's no chance of seeing DAPPs on ETC, except for the very small and unimportant ones, like betting dapps and so on, only short term projects with sole purpose of boosting market cap by attracting ill informed people about ETC's curent developing state.

You are already judging it and deeming your statement as a matter of fact. We have not even seen what future lies ahead with the forked chain yet. It could still fail and everyone will be in a hurry to get back to the original chain. Remember the important dapps in the forked chain are also confused now in what the future holds in Ethereum fork.

There are no comments from the DAO hackers yet. So the fate of the ETC has not been decided firmly.
designerusa
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August 07, 2016, 07:35:38 AM
 #192

DAO hacker havent brought to light his coins.. i think that ETC will increase in value very much till that day.. After this incident, there can be a great recession...
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August 07, 2016, 11:43:32 AM
 #193

DAO hacker havent brought to light his coins.. i think that ETC will increase in value very much till that day.. After this incident, there can be a great recession...

That could be true. The ETC price is reasonably stable at the moment. So people or the investors are waiting for the news.

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August 08, 2016, 07:33:41 AM
 #194

DAO hacker havent brought to light his coins.. i think that ETC will increase in value very much till that day.. After this incident, there can be a great recession...

I think that might happen. So the DAO hacker should tell us what he wants to do with his coin now.
Zaducis
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August 08, 2016, 09:27:53 AM
 #195

whitehat removed 7million etc from dao!
https://www.reddit.com/r/ethereum/comments/4wnlxg/whitehat_removed_7million_etc_from_dao/?st=irlt3zyf&sh=9b87b9f9

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August 10, 2016, 11:07:35 AM
 #196


Do we know the plan of the white hat hacker? If they dumped the ETC at a price of $2 each, that is good money.
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August 10, 2016, 04:21:02 PM
 #197


Do we know the plan of the white hat hacker? If they dumped the ETC at a price of $2 each, that is good money.

They are weighing the options. Some people think they should sell the ETC for ETH, then donate to ETH foundation.
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August 10, 2016, 04:25:22 PM
 #198


Do we know the plan of the white hat hacker? If they dumped the ETC at a price of $2 each, that is good money.

They are weighing the options. Some people think they should sell the ETC for ETH, then donate to ETH foundation.
That's a gud plan and one that I'd support wholeheartedly.

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August 10, 2016, 05:09:38 PM
 #199


Do we know the plan of the white hat hacker? If they dumped the ETC at a price of $2 each, that is good money.
thats true though the  hacker is definitely not going to be dumping his money soon, i think that he will hold it for the future when a pump will happen

 
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August 10, 2016, 05:16:50 PM
 #200


Do we know the plan of the white hat hacker? If they dumped the ETC at a price of $2 each, that is good money.
thats true though the  hacker is definitely not going to be dumping his money soon, i think that he will hold it for the future when a pump will happen

Nobody dares to pump the ETC if he knows somebody will dump the coins to him at a very high price.
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