ETH = Game Over

[RealBitcoin]

So you agree that this is about TheDAO and your thread-title is wrong

I'm just so fed up with FUD - so here is some attempted counter-measure:
https://www.betmoose.com/bet/ethereum-eth-in-usd-one-month-from-now-1960?ref=regexlove
(And about TheDAO: https://www.betmoose.com/bet/price-worth-of-thedao-dao-in-eth-in-1-month-1962?ref=regexlove )


Participate if you dare.
As long as you don't change the title of the topic i expect you to set a huge bet/s on a low price!

No i dont agree, its about Ethereum since ethereum has the bugs not the dao, dao only did what the code allowed it to do, but because eth was improperly developed it made the dao insecure.

A turing complete language can never be secure, because you cant isolate bugs between contracts.

It's like building a castle on quicksand.

[Koamder]

I hardly think that ETH game is over may be the blockchain has given us another chance to reinvest in ETH.
MAY BE..MY 2 CENTS.

Shitcoins usually have a long life . You can still buy paycoin for $ 0.009534 . When we say over we mean interest starts to slowly fade, devs start dropping off and move to other projects , and the price slowly capitulating. Those investing now will be playing a game of hot potato because this project days are numbered.  The writing is on the wall. Ethereum is inherently insecure as we have always warned.



It is getting worse. The DAOAttaker is playing with all the ethereum devs and staying one step ahead.

http://pastebin.com/9MRVDC9h

How can you trust those thieves?

[HeroCat]

Doge is then better, at least a lot of traditional users. Many websites, which use Doge and so on.  

[minhkhoa]

I bought in now because I trust the people of the Ethereum Foundation and I think they deserve that you believe in them. This is incredible technology and I am advertising this to each and everyone I know to buy into it be it now or t+30. I sincerely hope Ethereum will recover faster from this incident than Bitcoin - it has a lot to offer.

[iamnotback]

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

[Btcvilla]

Meanwhile... its still not burning down.




Yet

[regexlove]

So you agree that this is about TheDAO and your thread-title is wrong

I'm just so fed up with FUD - so here is some attempted counter-measure:
https://www.betmoose.com/bet/ethereum-eth-in-usd-one-month-from-now-1960?ref=regexlove
(And about TheDAO: https://www.betmoose.com/bet/price-worth-of-thedao-dao-in-eth-in-1-month-1962?ref=regexlove )


Participate if you dare.
As long as you don't change the title of the topic i expect you to set a huge bet/s on a low price!

No i dont agree, its about Ethereum since ethereum has the bugs not the dao, dao only did what the code allowed it to do, but because eth was improperly developed it made the dao insecure.

A turing complete language can never be secure, because you cant isolate bugs between contracts.

It's like building a castle on quicksand.

Go ahead, put some money where your mouth is!
(My bets are raising accordingly)

[RealBitcoin]

Go ahead, put some money where your mouth is!
(My bets are raising accordingly)

Your prediction is too arbitrary, i cannot know ahead if eth fails in 1 month or 2 or 3.

I think that it will probably fail in the future, in the close future,as a concept & technology ,but i cannot forecast the price based based on this, it would be too random.

There are still speculators manipulating the price even as we speak, how can you be sure about your forecast?

[AlphaSun]

Go ahead, put some money where your mouth is!
(My bets are raising accordingly)

Your prediction is too arbitrary, i cannot know ahead if eth fails in 1 month or 2 or 3.

I think that it will probably fail in the future, in the close future,as a concept & technology ,but i cannot forecast the price based based on this, it would be too random.

There are still speculators manipulating the price even as we speak, how can you be sure about your forecast?

It is difficult to predict the price. I thought the price could be $5 by now, but is still above $12. It has strong community support.

[BitcoinArsenal]

Ethereum will survive this. But it has lost its clean image.

[sildyas]

Ethereum will survice this. But it has lost its clean image.

If it does survive and come back stronger, then it is good. It is still new and in growth phase. It is growth pain.

[Bit_Happy]

Prices are falling again on btc-e (slowly for now), and look to be set up for another huge step down!!
Do you think I am simply trolling to try to buy cheaper ETH?  

If you are than you wouldn't hint at it. Trolling or waiting to dump some more mETH.

Good discussion here- https://www.youtube.com/watch?v=Swdb-Z_4JmI

We have seen new lows since my last "prediction" and we have a similar pattern (on btc-e) now, the ETH market seems to be set up for a big sell.
Best wishes no matter which side of the garbage pile you are sitting...

[RealBitcoin]

Yes ETH right now is 11.83, yesterday was ~13$. I think it looks like it has a downward trend.

I`m not a good forecaster but even I can see where this is going.


I`m just so glad I havent had more than 0.1 ethereum ever... Those big bagholders must be very scared now.

I felt many months ago that it was not a good investment...

[regexlove]

So you agree that this is about TheDAO and your thread-title is wrong

I'm just so fed up with FUD - so here is some attempted counter-measure:
https://www.betmoose.com/bet/ethereum-eth-in-usd-one-month-from-now-1960?ref=regexlove
(And about TheDAO: https://www.betmoose.com/bet/price-worth-of-thedao-dao-in-eth-in-1-month-1962?ref=regexlove )


Participate if you dare.
As long as you don't change the title of the topic i expect you to set a huge bet/s on a low price!

No i dont agree, its about Ethereum since ethereum has the bugs not the dao, dao only did what the code allowed it to do, but because eth was improperly developed it made the dao insecure.

A turing complete language can never be secure, because you cant isolate bugs between contracts.

It's like building a castle on quicksand.

Go ahead, put some money where your mouth is!
(My bets are raising accordingly)

Your prediction is too arbitrary, i cannot know ahead if eth fails in 1 month or 2 or 3.

I think that it will probably fail in the future, in the close future,as a concept & technology ,but i cannot forecast the price based based on this, it would be too random.

There are still speculators manipulating the price even as we speak, how can you be sure about your forecast?

The point is that your thread is timed to support fear beyond reasonable and very short-lived.
The prediction is that Ethereum will not have "died" and the market will most likely be more calm in 1 month than it is now.
The accuracy is up to you, one can bet on up to 4 in 5 options making it very broad but still win.
Me or anyone will surely be happy to post another about the average price from July until X, if that could make you support your position eventually? 
(There is one about the bottom price until 2017 already: https://www.betmoose.com/bet/predict-the-bottom-of-eth-1965#?ref=regexlove )

[Zer0Sum]

I hardly think that ETH game is over may be the blockchain has given us another chance to reinvest in ETH.
MAY BE..MY 2 CENTS.

Ethereum will be fine... and will surpass Bitcoin market cap within 12 months.

Mt.DAO has given Ethereum Devs priceless insight into the shortcomings of Solidity and contract code pitfalls...
So by the time big pipeline apps like Augur, etc start rolling out in months they will be bulletproof.

Ethereum is miles ahead of the curve in this space...
The people that are shitting their pants are the Devs that bolted "smart contract" tits on their shit coins.

[iamnotback]

So by the time big pipeline apps like Augur, etc start rolling out in months they will be bulletproof.

Just like what your God said before:

This stuttering "genius" is your leader? Vitalik was clearly flustered by the question. Must listen to this! And look at the body language of Gavin Wood and the other guy on the podium.

"I am 99.999% certain this is bug free."

https://www.youtube.com/watch?v=cahj4WJtp20&feature=youtu.be&t=42m52s

The Naive hubris is very dangerous within Vitalik.

You n00bs don't seem to comprehend the Halting problem and it's relevance w.r.t. to Turing-complete scripts. It is impossible have to have bulletproof user scripting.

Now whether Augur's code can be well vetted is open to discussion. Given that is not some random user script, they may be able to fund a huge bounty to try to ferret out any non-intended behavior before launch.

So 2 wrongs make a right?

Nope. You all had a chance to only get a 30% haircut, but you were determined to vote, thus commit 2 wrongs and break Nash equilibrium and lose 100%:

The "attacker" was very emphathetic. He offered a 30% haircut, but you n00bs weren't contented and so you now you will lose everything.

Stoopid.

What are you taking about 30% haircut?

In the attacker's original interview, he stated he stopped draining the DAO at 30% drained, as an olive branch of sorts. But this depends of course of you not stealing his rightfully gained tokens with your attempted insecure 51% attack hard fork.

Since you've all voted to steal his tokens, he is forced to drain the rest of your tokens and redistribute them to a new set of miners who will replace your existing miners.

You guys passed up the best chance you had to not lose it all.

[Christ0ph]

Mt.DAO has given Ethereum Devs priceless insight into the shortcomings

"priceless" ... as long as you did not invest in the dao
But I agree, I hold my ETH.

[Spoetnik]

I hardly think that ETH game is over may be the blockchain has given us another chance to reinvest in ETH.
MAY BE..MY 2 CENTS.

Ethereum will be fine... and will surpass Bitcoin market cap within 12 months.

Mt.DAO has given Ethereum Devs priceless insight into the shortcomings of Solidity and contract code pitfalls...
So by the time big pipeline apps like Augur, etc start rolling out in months they will be bulletproof.

Ethereum is miles ahead of the curve in this space...
The people that are shitting their pants are the Devs that bolted "smart contract" tits on their shit coins.

QUOTED !
..i will be reminding you of that  

And guys since the very 1st second it launched it was manipulated heavily by Millionaires.
Later it was manipulated with the biggest pump & dump + spam hype campaign we ever seen.
..then Butterin dumped on you too !

NOW it refuses to die price wise as the hoards of Investards bail..

Why has the price not dropped Enough ? (it only went from $21 to $11)

Are you all that stupid ? Really ?

Jezuz fucking christ i have seen a LOOOOOOOOOOOT of devs etc admit to propping up coins.
This is a known thing that happens and yet you all sit there and pretend it's not happening ?
Gimme a break.

I seen Zack do it on Cryptsy 3 years ago and i kept telling him let it die man !
Your efforts are in vain..
He did give up .. he had no choice.
and yes the coin tanked into oblivion as the world new it would.

And since i have seen it happen again & again.
But most of you ETHtards wouldn't know.. you started late when ICO scamming became *tolerable*

It's cute how snot-nose nublets shoot their mouth off with adorable precocious little opinions.
When they know NOTHING about Crypto.

Listen to them.. go for it.
Let me know how it works out for ya ..in "12 months" when i bump this quote

ETH or DAO ..both scammy bullshit !

[X-ray]

DAO has been hacked/exploited, and Ethereum is rapidly losing trust in their developers, as they want to introduce an ETH hardfork to reverse the hack. What a wonderful decentralized currency where a few people decide what happens and the entire network is subjugated to the decisions of a few. Not to mention Ethereum already has big blockchain, soon ethereum will turn into a centralized bank , if it doesnt die before that.

Here are a few important things:

1) 20 second block timer with maximum blocksize = 89 Kb, that means that the blockchain will grow in the future 375 Mb /day.

The ETH blockchain in 2 years will be bigger by 264 Gb +-

The ETH nodes will start dissapearing pretty quickly with that size, because the reindexing and all other operations you need to perform when you download and update a node, will take far too long for anyone to bother.

Soon only a few datacenters will be able to operate ETH.

2) The development is wreckless, they spend more time on going to PR events than to actually engineer the code well, first wallet softwares were buggy as hell, took years to sync, which is fair because bitcoin was buggy also at first. However instead of promoting a buggy as hell client, they should have focused on development first and then marketing.

3) Ethereum is too complex, and the more complex something is, the more attack surfaces it has. An ideal cryptocurrency has to be simple and secure. And ETH has many more 0 day bugs that we dont know of yet, so this wont be the last hack. It came out far too fast because of PR pressure. The devs should have stayed 1 more year reviewing and researching the code and make the coin secure in that time, before pushing it out to the public.

4) It's already centralized as hell, the devs can just reverse transactions like this. Sure reversing a hack is obviously good right ?, but the road to Hell is also paved with good intentions. Abusing power comes in small increments. First they only reverse hacks, and then later you find out that everyone will become censored.



There are 3 options for ETH and in the next 27 days the devs and the ETH community will have to decide on one of them, and in my opinion the results will be the following:

1)  They decide to not hardfork in which case the thief gets away with the loot but atleast the integrity of ETH is preserved. The result will probably be a massive selloff of ETH and loss of future confidence in the ETH devs as they failed to provide secure code, it will seriously impact the future growth of ETH which they may or may not recover from.

2) They decide to hardfork, in which case all confidence will be lost in ETH, and it will probably deal a fatal blow to this currency's future, and it will shows as an example how a decentralized currency may not be so decentralized, and a warning to all future altcoin devs to change their attitude. It will impact BTC as well, and many media shills will try to put dirt on BTC's reputation as well.

3) They wait the full 27 days and in the last minute they decide 1) or 2). In this case, the panic and uncertainty will just magnify the negative effects caused by their decision, and whichever they decide upon, the effects will just be much worse.


So by logic they should decide 1) and announce it fast, since the longer they wait the more uncertainty they cause by the inaction.

That's just my honest opinion.





I really think people should just switch over to NXT, because it's far more decentralized and it has better developers. When last time a hack happened in NXT, the developers didnt reversed the transaction. Because in the NXT community the decentralization, transparency and fungibility is the number one priority, that supercedes everything else. The police can catch the hacker with any other method and recover the funds, but the decentralization is sacred.

I won't say ETH will die, but for some reason ETH showed their statistic is always getting decrease. and it does not have an any future to invest in this place(ETH). we don't know does all of this only scenario.

[RiOtT]

The price will slowly dwindle down and so will the volume. Anyone stuffing money in ETH at this point is either delusional, in denial, or were conned into believing it would someday rise again. The legalities haven't even set in yet. Wait until class action lawsuits enter the picture and a federal or state investigation begins.