dinofelis
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July 28, 2016, 02:00:22 PM |
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DAO was promising project but it failed because of security hole. Life sucks sometimes.
I don't think that it was an intended scam from the beginning, but more something akin of this: https://www.youtube.com/watch?v=K1kuy2yIRdc
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GreenBits
Legendary
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Activity: 1148
Merit: 1048
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July 28, 2016, 02:08:33 PM |
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DAO was promising project but it failed because of security hole. Life sucks sometimes.
I don't think that it was an intended scam from the beginning, but more something akin of this: https://www.youtube.com/watch?v=K1kuy2yIRdcIn still not completely convinced this wasn't intentional, but so far they have played the inadvertent aspect to great effect
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dinofelis
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July 28, 2016, 02:13:09 PM |
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In still not completely convinced this wasn't intentional, but so far they have played the inadvertent aspect to great effect
I can go with the idea that it *became* a scam at a certain point, when the over-ambitious authors of it realized that this thing grew totally over their heads and didn't know how to get out of it. But I do think they were honest at the beginning at least, with truckloads of hubris and ego-inflation.
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EssentialCoin
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July 31, 2016, 12:58:44 PM |
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In still not completely convinced this wasn't intentional, but so far they have played the inadvertent aspect to great effect
I can go with the idea that it *became* a scam at a certain point, when the over-ambitious authors of it realized that this thing grew totally over their heads and didn't know how to get out of it. But I do think they were honest at the beginning at least, with truckloads of hubris and ego-inflation. Do you think the ETC is more scam than the ETH? It seems that could be a big pump and dump scam.
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Azael
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July 31, 2016, 01:02:28 PM |
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In still not completely convinced this wasn't intentional, but so far they have played the inadvertent aspect to great effect
I can go with the idea that it *became* a scam at a certain point, when the over-ambitious authors of it realized that this thing grew totally over their heads and didn't know how to get out of it. But I do think they were honest at the beginning at least, with truckloads of hubris and ego-inflation. Do you think the ETC is more scam than the ETH? It seems that could be a big pump and dump scam. ETC is not a scam. ETC is the real ETH and ETH right now is the HF'd coin which by all measurements or metrics whatever you call it is not a crypto anymore. Do you know what message was in the Bitcoin genesis? Something about the '09 bailout of banks, this HF was a bailout of investors who played the markets like anybody else does. Just frigging ridiculous and you dare say ETC is a scam? ETC is the real deal and ETH is a frigging joke man. I am not gonna say ETH is a scam because people have destroyed that word but it is a joke and a disgrace to crypto.
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twitter.com/erikledgers
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Ultrabat
Member
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Activity: 117
Merit: 10
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August 01, 2016, 10:20:06 AM |
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In still not completely convinced this wasn't intentional, but so far they have played the inadvertent aspect to great effect
I can go with the idea that it *became* a scam at a certain point, when the over-ambitious authors of it realized that this thing grew totally over their heads and didn't know how to get out of it. But I do think they were honest at the beginning at least, with truckloads of hubris and ego-inflation. Do you think the ETC is more scam than the ETH? It seems that could be a big pump and dump scam. ETC is not a scam. ETC is the real ETH and ETH right now is the HF'd coin which by all measurements or metrics whatever you call it is not a crypto anymore. Do you know what message was in the Bitcoin genesis? Something about the '09 bailout of banks, this HF was a bailout of investors who played the markets like anybody else does. Just frigging ridiculous and you dare say ETC is a scam? ETC is the real deal and ETH is a frigging joke man. I am not gonna say ETH is a scam because people have destroyed that word but it is a joke and a disgrace to crypto. The Bitcoin has hard forked, so is the Monero. Does it mean they are scams. The ETC has hard forked before.
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EssentialCoin
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August 04, 2016, 10:57:23 AM |
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In still not completely convinced this wasn't intentional, but so far they have played the inadvertent aspect to great effect
I can go with the idea that it *became* a scam at a certain point, when the over-ambitious authors of it realized that this thing grew totally over their heads and didn't know how to get out of it. But I do think they were honest at the beginning at least, with truckloads of hubris and ego-inflation. Do you think the ETC is more scam than the ETH? It seems that could be a big pump and dump scam. ETC is not a scam. ETC is the real ETH and ETH right now is the HF'd coin which by all measurements or metrics whatever you call it is not a crypto anymore. Do you know what message was in the Bitcoin genesis? Something about the '09 bailout of banks, this HF was a bailout of investors who played the markets like anybody else does. Just frigging ridiculous and you dare say ETC is a scam? ETC is the real deal and ETH is a frigging joke man. I am not gonna say ETH is a scam because people have destroyed that word but it is a joke and a disgrace to crypto. The Bitcoin has hard forked, so is the Monero. Does it mean they are scams. The ETC has hard forked before. The ETC will have to hard fork as well. There is exponential increase of difficulty in the PoW miing.
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varusisog
Member
Offline
Activity: 123
Merit: 10
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August 05, 2016, 07:41:58 AM |
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In still not completely convinced this wasn't intentional, but so far they have played the inadvertent aspect to great effect
I can go with the idea that it *became* a scam at a certain point, when the over-ambitious authors of it realized that this thing grew totally over their heads and didn't know how to get out of it. But I do think they were honest at the beginning at least, with truckloads of hubris and ego-inflation. Do you think the ETC is more scam than the ETH? It seems that could be a big pump and dump scam. ETC is not a scam. ETC is the real ETH and ETH right now is the HF'd coin which by all measurements or metrics whatever you call it is not a crypto anymore. Do you know what message was in the Bitcoin genesis? Something about the '09 bailout of banks, this HF was a bailout of investors who played the markets like anybody else does. Just frigging ridiculous and you dare say ETC is a scam? ETC is the real deal and ETH is a frigging joke man. I am not gonna say ETH is a scam because people have destroyed that word but it is a joke and a disgrace to crypto. The Bitcoin has hard forked, so is the Monero. Does it mean they are scams. The ETC has hard forked before. The ETC will have to hard fork as well. There is exponential increase of difficulty in the PoW miing. There might be a chance that somebody does not want to hard fork, so there will be two chains of ETC.
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Azael
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August 05, 2016, 09:44:04 AM |
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It was set up illegally from the get go. I think they've broken at least a dozen securities laws for example. And how the hell were you supposed to your taxes on something like that? I was pretty surprised to see such a large portion of the community invest in this. Basically everyone in it would be doing something illegal at some point. Blows my mind..
And well if somebody should go to jail at some point it's definitely Stephan. He's a very good marketer because he doesn't care what he say is true or not as long as he believes it himself then that's ok and legal for some reason. I like the guys charisma but damn that is fraudulent.
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twitter.com/erikledgers
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dumada
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August 06, 2016, 10:43:58 AM |
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In still not completely convinced this wasn't intentional, but so far they have played the inadvertent aspect to great effect
I can go with the idea that it *became* a scam at a certain point, when the over-ambitious authors of it realized that this thing grew totally over their heads and didn't know how to get out of it. But I do think they were honest at the beginning at least, with truckloads of hubris and ego-inflation. Do you think the ETC is more scam than the ETH? It seems that could be a big pump and dump scam. ETC is not a scam. ETC is the real ETH and ETH right now is the HF'd coin which by all measurements or metrics whatever you call it is not a crypto anymore. Do you know what message was in the Bitcoin genesis? Something about the '09 bailout of banks, this HF was a bailout of investors who played the markets like anybody else does. Just frigging ridiculous and you dare say ETC is a scam? ETC is the real deal and ETH is a frigging joke man. I am not gonna say ETH is a scam because people have destroyed that word but it is a joke and a disgrace to crypto. The Bitcoin has hard forked, so is the Monero. Does it mean they are scams. The ETC has hard forked before. The ETC will have to hard fork as well. There is exponential increase of difficulty in the PoW miing. There might be a chance that somebody does not want to hard fork, so there will be two chains of ETC. That is right. There will be many forks of the ETC and many people will own many kinds of ETC in the future.
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Ultrabat
Member
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Activity: 117
Merit: 10
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August 07, 2016, 07:44:46 AM |
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That is right. There will be many forks of the ETC and many people will own many kinds of ETC in the future.
So the current ETC holders will be rich in the future. But the combined values of the various ETC could be lower.
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EssentialCoin
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September 01, 2016, 08:23:23 AM |
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That is right. There will be many forks of the ETC and many people will own many kinds of ETC in the future.
So the current ETC holders will be rich in the future. But the combined values of the various ETC could be lower. The ETC price is about 0.1 of the ETH price now. A few weeks ago, the price of 0.3 of ETH. So the ETC price has dropped.
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