There is nothing funny in The DAO "attack"

[RastoMan]

There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun 

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.

That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

From what I see there, most people support the hard fork. So maybe the hard fork will be implemented.

The problem is that if the DAO holders get back their Ethereum, they might dump the coin immediately.

But I heard most of the DAO holders are long term investors of the Ethereum, they might not dump to fast.

[bbc.reporter]

There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun 

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.

That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

From what I see there, most people support the hard fork. So maybe the hard fork will be implemented.

The problem is that if the DAO holders get back their Ethereum, they might dump the coin immediately.

But I heard most of the DAO holders are long term investors of the Ethereum, they might not dump to fast.

Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.

[RoseMann]

There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun 

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.

That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

From what I see there, most people support the hard fork. So maybe the hard fork will be implemented.

The problem is that if the DAO holders get back their Ethereum, they might dump the coin immediately.

But I heard most of the DAO holders are long term investors of the Ethereum, they might not dump to fast.

Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.

So the Ethereum needs some continuous development of the platform so that it can be used by institutions.

[Kellor]

There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun 

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.

That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

From what I see there, most people support the hard fork. So maybe the hard fork will be implemented.

The problem is that if the DAO holders get back their Ethereum, they might dump the coin immediately.

But I heard most of the DAO holders are long term investors of the Ethereum, they might not dump to fast.

Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.

So the Ethereum needs some continuous development of the platform so that it can be used by institutions.

In the Ethereum blog, there are still reports about the developments.
https://blog.ethereum.org/2016/07/11/taylors-summer-update/

[BigSirko]

Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.

Ethereum has made regular disingenuous claims just like NXT and Bitshares did.  I agree with your assessment where Ethereum will fall from the top 10.  If you trust serial liars then you're asking for your money to be stolen.  

- Vitalik Buterin claiming he would write his own programming language from scratch, which he has yet to do and never mind it took languages like Java 10+ years to work out the bugs and train developers.
- Ethereum spammed about IBM Adept, but Paul Brody has left IBM and Project Adept has been canned (AFAIK).  
- Dapps was spammed like the second coming of Jesus, but it all amounted to illegal gambling apps and the internet is already full of them with millions of users and there's no reason for those users to go to Dapps.
- "Smart Contracts", more like "Smart Theft", which put $150 million at risk.


The red flags were present in Ethereum before launch.  Some Blog Editor who was passed off as a programming prodigy (when all he had were media connections, at best).  PhD Philosophy founder whose prior employment was a bankrupt DJ sound company.  Other staff at Ethereum, according to their linkedin, hadn't work a day since DotCom...


Call it what you want, whether it is hype or scam, but Ethereum is just plain bad.

[Kellor]

Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.

Ethereum has made regular disingenuous claims just like NXT and Bitshares did.  I agree with your assessment where Ethereum will fall from the top 10.  If you trust serial liars then you're asking for your money to be stolen.  

- Vitalik Buterin claiming he would write his own programming language from scratch, which he has yet to do and never mind it took languages like Java 10+ years to work out the bugs and train developers.
- Ethereum spammed about IBM Adept, but Paul Brody has left IBM and Project Adept has been canned (AFAIK).  
- Dapps was spammed like the second coming of Jesus, but it all amounted to illegal gambling apps and the internet is already full of them with millions of users and there's no reason for those users to go to Dapps.
- "Smart Contracts", more like "Smart Theft", which put $150 million at risk.


The red flags were present in Ethereum before launch.  Some Blog Editor who was passed off as a programming prodigy (when all he had were media connections, at best).  PhD Philosophy founder whose prior employment was a bankrupt DJ sound company.  Other staff at Ethereum, according to their linkedin, hadn't work a day since DotCom...


Call it what you want, whether it is hype or scam, but Ethereum is just plain bad.

The red flags were there before the launch, why did people invest it. Also why do miners still securing the network?

[BigSirko]

Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.

Ethereum has made regular disingenuous claims just like NXT and Bitshares did.  I agree with your assessment where Ethereum will fall from the top 10.  If you trust serial liars then you're asking for your money to be stolen.  

- Vitalik Buterin claiming he would write his own programming language from scratch, which he has yet to do and never mind it took languages like Java 10+ years to work out the bugs and train developers.
- Ethereum spammed about IBM Adept, but Paul Brody has left IBM and Project Adept has been canned (AFAIK).  
- Dapps was spammed like the second coming of Jesus, but it all amounted to illegal gambling apps and the internet is already full of them with millions of users and there's no reason for those users to go to Dapps.
- "Smart Contracts", more like "Smart Theft", which put $150 million at risk.


The red flags were present in Ethereum before launch.  Some Blog Editor who was passed off as a programming prodigy (when all he had were media connections, at best).  PhD Philosophy founder whose prior employment was a bankrupt DJ sound company.  Other staff at Ethereum, according to their linkedin, hadn't work a day since DotCom...


Call it what you want, whether it is hype or scam, but Ethereum is just plain bad.

The red flags were there before the launch, why did people invest it. Also why do miners still securing the network?

I did mention some pre-launch stuff but there is more.  They actually had a first IPO based out of Canada and it was shut down within days - whether by themselves or the legal authorities is uncertain.  It's a red flag if they had rehost an IPO oversea and hide behind subsidiaries.

Why do people invest in it?  Are you certain it was many?  Vitalik's blog detailed the top 100 addresses owned nearly half of the IPO money and addresses are not people.  Ethereum had backing of some Bitcoin whales and Bitcoin media (Vitalik was the editor for Bitcoin Magazine), a pretty good combination if you want to ICO / pump something into the stratosphere.

[RastoMan]

So these big bitcoin guys have lost a lot of money during the DAO hack. Maybe they will try their best to revive it.

[BigSirko]

So these big bitcoin guys have lost a lot of money during the DAO hack. Maybe they will try their best to revive it.

They already lost a lot of unrealized money by trying hard to keep keep Bitcoin alive.  Almost 3 whole years and nowhere close to $1250, even during the halving which people claimed would send the price up.   

Same will happen to Ethereum.  Nobody is going to touch Ethereum with a 10 footpole, especially after that critical piece in the WSJ and this $150 million being put at risk on DAO.  Never will see $18 again.  Ethereum will just sit there and stagnate for years until it is sidestepped by another alternate.

[RastoMan]

So these big bitcoin guys have lost a lot of money during the DAO hack. Maybe they will try their best to revive it.

They already lost a lot of unrealized money by trying hard to keep keep Bitcoin alive.  Almost 3 whole years and nowhere close to $1250, even during the halving which people claimed would send the price up.   

Same will happen to Ethereum.  Nobody is going to touch Ethereum with a 10 footpole, especially after that critical piece in the WSJ and this $150 million being put at risk on DAO.  Never will see $18 again.  Ethereum will just sit there and stagnate for years until it is sidestepped by another alternate.

I bought some bitcoin when the price was $60. So I also lost lots of money after the price rose to $1200.

[Hueristic]

So these big bitcoin guys have lost a lot of money during the DAO hack. Maybe they will try their best to revive it.

They already lost a lot of unrealized money by trying hard to keep keep Bitcoin alive.  Almost 3 whole years and nowhere close to $1250, even during the halving which people claimed would send the price up.   

Same will happen to Ethereum.  Nobody is going to touch Ethereum with a 10 footpole, especially after that critical piece in the WSJ and this $150 million being put at risk on DAO.  Never will see $18 again.  Ethereum will just sit there and stagnate for years until it is sidestepped by another alternate.

I bought some bitcoin when the price was $60. So I also lost lots of money after the price rose to $1200.

I think you need to go back to basic math class.

AFA there being nothing funny about the DAO hack, well I thought this was funny.

https://www.youtube.com/watch?v=Ik4DpbVQxlA

[greenuser]

I thaught it was funny... It happend just hours after i sold all of my eth that i had mined over the previous 3 months.   
I got a real good price, i got out at $19, havent mined it since. 

I may buy back in at $2...  After all,....   things blow over....   
You lot still enjoy eating British Beef 15 years after we inadvertently managed to export Creutzfeldt-Jakob disease around the world? 

[FruitBucket]

I thaught it was funny... It happend just hours after i sold all of my eth that i had mined over the previous 3 months.   
I got a real good price, i got out at $19, havent mined it since. 

I may buy back in at $2...  After all,....   things blow over....   
You lot still enjoy eating British Beef 15 years after we inadvertently managed to export Creutzfeldt-Jakob disease around the world? 

I wish you can buy back at $2. But if the Etheruem price drops to 2 dollars, it means it is a dead coin, there is no point to buy.

[RastoMan]

The Ethereum price is still over $9, after so many fud about the hard fork. So when the fork comes, the price might even rise.

[Kellor]

The Ethereum price is still over $9, after so many fud about the hard fork. So when the fork comes, the price might even rise.

It is difficult to say. At the moment, there are about 30% of the miners do not want to hard fork, so the price might drop.

[RastoMan]

Hard Fork Voting and Node Adoption Results - Constant Updates

https://www.reddit.com/r/ethereum/comments/4tffta/hard_fork_voting_and_node_adoption_results/?st=iqsyuhdd&sh=7457dd97