tmzn32 (OP)
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Activity: 93
Merit: 10
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June 20, 2016, 05:26:11 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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MicroGuy
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Activity: 2506
Merit: 1030
Twitter @realmicroguy
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June 20, 2016, 05:27:42 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
There was a panic selloff followed by an over-correction. The next phase will be a slow and painful decline. ~~ |
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AlphaSun
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June 20, 2016, 05:46:29 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
There was a panic selloff followed by an over-correction. The next phase will be a slow and painful decline. ~~ That could happen. But the Ethereum has some big deep pocket investors, they may pay the developers to improve the technology further. |
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Admiral_Bit
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June 20, 2016, 06:01:41 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
There was a panic selloff followed by an over-correction. The next phase will be a slow and painful decline. ~~ You see this completely wrong... ETH will resurrect after the fork. It will be the very first time in the history of the financial world where a theft can be returned to its rightful owners without the hassle of apprehending the thief and his bounty... Do you guys remember that theft at the central bank of Bangladesh last January ? The hackers managed to steal 81 million $ out of the IT infrastructure. Most of the cash hasnt been recovered. IT-Systems are bound to fail, its a principle which was not invented by smart contracts. However, financial institutes will pay billions for a system which actually can recover stolen funds. This fork will be the very first example of the possibilites a blockchain really has to offer. No one in finance will be interested in the technological implications which some derive from the ETH hard fork. ETH will return the money. ETH will turn back time... That´s how things are going to be percepted after the fork... |
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tmzn32 (OP)
Member
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Activity: 93
Merit: 10
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June 20, 2016, 06:04:59 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
There was a panic selloff followed by an over-correction. The next phase will be a slow and painful decline. ~~ You see this completely wrong... ETH will resurrect after the fork. It will be the very first time in the history of the financial world where a theft can be returned to its rightful owners without the hassle of apprehending the thief and his bounty... Do you guys remember that theft at the central bank of Bangladesh last January ? The hackers managed to steal 81 million $ out of the IT infrastructure. Most of the cash hasnt been recovered. IT-Systems are bound to fail, its a principle which was not invented by smart contracts. However, financial institutes will pay billions for a system which actually can recover stolen funds. This fork will be the very first example of the possibilites a blockchain really has to offer. No one in finance will be interested in the technological implications which some derive from the ETH hard fork. ETH will return the money. ETH will turn back time... That´s how things are going to be percepted after the fork... These attacks are endless. A fork may be impossible. Eth may have been infected and there is nothing that can save it. http://pastebin.com/9MRVDC9h |
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Admiral_Bit
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June 20, 2016, 06:21:32 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
There was a panic selloff followed by an over-correction. The next phase will be a slow and painful decline. ~~ You see this completely wrong... ETH will resurrect after the fork. It will be the very first time in the history of the financial world where a theft can be returned to its rightful owners without the hassle of apprehending the thief and his bounty... Do you guys remember that theft at the central bank of Bangladesh last January ? The hackers managed to steal 81 million $ out of the IT infrastructure. Most of the cash hasnt been recovered. IT-Systems are bound to fail, its a principle which was not invented by smart contracts. However, financial institutes will pay billions for a system which actually can recover stolen funds. This fork will be the very first example of the possibilites a blockchain really has to offer. No one in finance will be interested in the technological implications which some derive from the ETH hard fork. ETH will return the money. ETH will turn back time... That´s how things are going to be percepted after the fork... These attacks are endless. A fork may be impossible. Eth may have been infected and there is nothing that can save it. http://pastebin.com/9MRVDC9hThis is a futile maneuver. The hacker is trying to secure his assets.. All ether draining adresses can be identified. They will be put on the black list. Buyers of the recursive call contracts will get ripped off by loosing the paid fees and the recieved eth... |
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tmzn32 (OP)
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Activity: 93
Merit: 10
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June 20, 2016, 06:23:27 PM |
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It's going to be too much of a shit show, too many people will be involved, too many contracts infected.
Eth will bleed out
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crairezx20
Legendary
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Activity: 1638
Merit: 1046
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June 20, 2016, 06:24:42 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
There was a panic selloff followed by an over-correction. The next phase will be a slow and painful decline. ~~ You see this completely wrong... ETH will resurrect after the fork. It will be the very first time in the history of the financial world where a theft can be returned to its rightful owners without the hassle of apprehending the thief and his bounty... Do you guys remember that theft at the central bank of Bangladesh last January ? The hackers managed to steal 81 million $ out of the IT infrastructure. Most of the cash hasnt been recovered. IT-Systems are bound to fail, its a principle which was not invented by smart contracts. However, financial institutes will pay billions for a system which actually can recover stolen funds. This fork will be the very first example of the possibilites a blockchain really has to offer. No one in finance will be interested in the technological implications which some derive from the ETH hard fork. ETH will return the money. ETH will turn back time... That´s how things are going to be percepted after the fork... These attacks are endless. A fork may be impossible. Eth may have been infected and there is nothing that can save it. http://pastebin.com/9MRVDC9hThis is real bad new and i think theres no way to recover it.. better to start a newone if they have already a backup the whole block before it happens its better to start a new block chain and install the old backup. and close this ethereum block chain.. |
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greentea
Legendary
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Activity: 1418
Merit: 1002
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June 20, 2016, 06:33:28 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
There was a panic selloff followed by an over-correction. The next phase will be a slow and painful decline. ~~ You see this completely wrong... ETH will resurrect after the fork. It will be the very first time in the history of the financial world where a theft can be returned to its rightful owners without the hassle of apprehending the thief and his bounty... Do you guys remember that theft at the central bank of Bangladesh last January ? The hackers managed to steal 81 million $ out of the IT infrastructure. Most of the cash hasnt been recovered. IT-Systems are bound to fail, its a principle which was not invented by smart contracts. However, financial institutes will pay billions for a system which actually can recover stolen funds. This fork will be the very first example of the possibilites a blockchain really has to offer. No one in finance will be interested in the technological implications which some derive from the ETH hard fork. ETH will return the money. ETH will turn back time... That´s how things are going to be percepted after the fork... I foresee ETH not really dying, but no real company will want to build on it after this fiasco. Just a small community of Ethers will buy/sell the coin. Kind of like Doge ... |
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tyz
Legendary
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Activity: 3360
Merit: 1531
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June 20, 2016, 06:37:18 PM |
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Let's quote Warren Buffet to explain why investors buying Ether now.
"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful."
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Febo
Legendary
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Activity: 2730
Merit: 1288
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June 20, 2016, 06:41:31 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
There was a panic selloff followed by an over-correction. The next phase will be a slow and painful decline. ~~ You see this completely wrong... ETH will resurrect after the fork. It will be the very first time in the history of the financial world where a theft can be returned to its rightful owners without the hassle of apprehending the thief and his bounty... Do you guys remember that theft at the central bank of Bangladesh last January ? The hackers managed to steal 81 million $ out of the IT infrastructure. Most of the cash hasnt been recovered. IT-Systems are bound to fail, its a principle which was not invented by smart contracts. However, financial institutes will NOT pay billions for a system which actually can STEAL THEIR funds. This fork will be the very first example of the possibilites a blockchain really has to offer. No one in finance will be interested in the technological implications which some derive from the ETH hard fork. ETH will return the money. ETH will turn back time... That´s how things are going to be percepted after the fork... I Edited for you. ETH have to choose from only bad options. It is up to them to decide how bad one will select. |
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Admiral_Bit
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June 20, 2016, 06:49:41 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
There was a panic selloff followed by an over-correction. The next phase will be a slow and painful decline. ~~ You see this completely wrong... ETH will resurrect after the fork. It will be the very first time in the history of the financial world where a theft can be returned to its rightful owners without the hassle of apprehending the thief and his bounty... Do you guys remember that theft at the central bank of Bangladesh last January ? The hackers managed to steal 81 million $ out of the IT infrastructure. Most of the cash hasnt been recovered. IT-Systems are bound to fail, its a principle which was not invented by smart contracts. However, financial institutes will NOT pay billions for a system which actually can STEAL THEIR funds. This fork will be the very first example of the possibilites a blockchain really has to offer. No one in finance will be interested in the technological implications which some derive from the ETH hard fork. ETH will return the money. ETH will turn back time... That´s how things are going to be percepted after the fork... I Edited for you. ETH have to choose from only bad options. It is up to them to decide how bad one will select. Well that´s where we disagree. Still, don´t you think this incident opened a discussion about the moral and regulative implications of blockchain tech? Irrespective of the outcome, this hack will shape our view on distributed ledger systems. There will be a decision and afterwards, we all will be smarter... I just gambled on the outcome that the hard fork elevates Etheriums reputation rather than destroying it... Let´s see how this turns out... |
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Minecache
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Activity: 2198
Merit: 1024
Vave.com - Crypto Casino
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June 20, 2016, 07:06:56 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
No it makes perfect sense. Fortune favours the brave. When there's blood on the street it's TIME TO BUY. |
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philipma1957
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Activity: 4116
Merit: 7867
'The right to privacy matters'
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June 20, 2016, 07:09:53 PM |
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It doesn't make any sense. Is it being manipulated by top bagholders who are using their money to keep buying the sell offs to give it the smoke and mirror effect of looking like Eth isn't bleeding out?
There was a panic selloff followed by an over-correction. The next phase will be a slow and painful decline. ~~ That could happen. But the Ethereum has some big deep pocket investors, they may pay the developers to improve the technology further. Exactly. intel, amd, nvidia all stand to sell a ton more gear if eth coin survives. So market cap is: https://coinmarketcap.com/and btc is down more then eth is for the day btc 11 bill and change eth 900 mill down from 1.6 bill yesterday's volume was 62,000,000 so if intel and nvidia and amd purchased 20 billion since the crash/attack they stabilized the coin and turned a paper profit as of now. plus people will still buy gpus to mine with along with cpu's. Dao may vanish but crypto gpu coins will stick around. |
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BitUsher
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Activity: 994
Merit: 1034
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June 20, 2016, 07:48:09 PM |
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That could happen. But the Ethereum has some big deep pocket investors, they may pay the developers to improve the technology further.
There are a few deep pocket investors , but they don't represent the names that are often thrown around like MSFT, intel, amd. The large investors of ETH are exchanges like Coinbase/gdax and gemini that created the initial bubble so they could front run their exchange for profit and to add liquidity. Exactly. intel, amd, nvidia all stand to sell a ton more gear if eth coin survives.
Whether we are discussing BTC/litecoin mining back in the day or current mining on alts like eth they all represent a drop in the bucket in GPU sales, especially since most of this mining is occurring on old gpus being fired up again and not new equipment. This is especially true for ethereum where it would be insane to make large GPU purchases knowing it would be switching over to PoS in a few months. so if intel and nvidia and amd purchased 20 billion since the crash/attack they stabilized the coin
Why the hell would any of these companies by any Eth tokens? This is the misleading language that was used to pump eth in the first place and is very deceptive. No, these companies aren't buying bitcoin or ETH or any alt, and I don't expect them to buy btc or eth anytime soon either. |
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obit33
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June 20, 2016, 07:56:53 PM |
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No idea why people would still buy this, I'm a bit stunned that price didn't go lower yet... obvious now that ETH is not decentralised and Vitalik can act as a sort of a central banker when he wants too (ok, thats a bit over the top, but still) I like the jokes though:  |
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European Central Bank
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Merit: 1087
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June 20, 2016, 08:08:57 PM |
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Exactly. intel, amd, nvidia all stand to sell a ton more gear if eth coin survives.
Why would any of these companies give a fuck about eth? At the very best there are a few thousand miners, who already own the stuff they need, vs hundreds of millions of computer users and gamers. |
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iamnotback
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June 20, 2016, 08:17:50 PM |
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The demise of Ethereum is underway now: It seems 20% of the miners in the ethpool.org do not agree with that. They do not think taking 4% etherum out of circulation is a good idea. http://ethpool.org/stats/votesThe "attacker" is winning. That was much less than 20% when I looked it a few hours ago. Nobody in the DAO will ever get their tokens back. Checkmate. |
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BitUsher
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June 20, 2016, 08:29:30 PM |
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The demise of Ethereum is underway now: It seems 20% of the miners in the ethpool.org do not agree with that. They do not think taking 4% etherum out of circulation is a good idea. http://ethpool.org/stats/votesThe "attacker" is winning. That was much less than 20% when I looked it a few hours ago. Nobody in the DAO will ever get their tokens back. Checkmate. Disagree, The Attacker has already won. The Eth investor wins if a HF is prevented, because such a scenario would fatally and permanently ruin Ethereum. The only winners of the vote for a HF are DAO token holder who immediately choose to sell their retrieved ETH and get out before Ethereum takes a long and steady decline . |
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stan26
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Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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June 20, 2016, 08:35:27 PM |
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They should buy Lisk, very cheap right now.
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