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dinofelis
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July 27, 2016, 01:12:47 PM |
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Well lets look at what happened: a hacker found a loop hole in a contract and exploited it. Not only that he stole some money, but it could affect the future of the project but letting an ill intented hacker having up to 14% of ethereum total tokens would put the project at risk. What signal would give this to the future projects made on ethereum ? You want to bring blockchain and contracts into mainstream but then you show investors / companies no support at all ? They cannot embrace a new technology with a whole new bag of risks that comes with it if they get no support. Ethereum is still beta / developing and showing potential investors / companies that the project / miners / stakers would back them up by voting if something like this happens, especially in beta mode.
Hard fork is not a bad thing unless theres no consensus. This is not bitcoin china where 95% of the hashrate is controled by 10 people, with 2 of them controlling 50%, to argue that the consensus consists of 3-4 people's interest. It consists of thousands of people/miners interest, and their interest is for the project to succeed.
Yes, what happened was bad, especially short them, and theres a very small risk it could kill the project. But if it survives, and 99% will, it will become stronger.
Ofc there are alot of fear mongers, some of them bitcoin maximalist who fear ethereum, some shorters who were hoping it would go to 1$, hoping to make a 10x profit and now are desperate because the price actually holds.
Let us put this on a row: - ethereum is in beta test mode, so anything goes. Is this the place to have projects with a crowd funding of hundreds of millions ? - a single person having up to 14% of ethereum is visibly a problem, then why was a single project (the DAO) a few times larger ? - the value proposition of ethereum and smart contracts was "the code is the law" but it isn't because you have too much money invested in a too big to fail project IN BETA TEST MODE ? So then you guys "voted" to put a funny hack in the code to do away with "the code is the law", and to do away with the "immutability of the chain", which were exactly the two value propositions of ethereum. Instead of the dictate of democracy where a majority imposes its will (especially its will to kill the basic tenets on which the system is supposed to be build), a fork is way, way better: those that go with "too big to fail and bailout" have ETH, and those that want to stick with "the code is the law" and immutability have ETC. Everyone happy. |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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HeroCat
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July 27, 2016, 01:19:09 PM |
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ETH have large capital behind, ~ 18 millions USD. Which other altcoin have such a capital ? So if you know really ETH market, you can buy now and sale later.  |
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Intristing
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July 28, 2016, 05:24:33 PM |
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ETH have large capital behind, ~ 18 millions USD. Which other altcoin have such a capital ? So if you know really ETH market, you can buy now and sale later. Why do you say that? The ETH has about $1billion market cap the moment. much more than $18 million. |
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sidroast
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July 28, 2016, 06:15:05 PM |
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You're right, buying ETH is retarded right now.
I'll be happy to take all your ETH at 1sat/1ETH
PM me and let's do it.
I can buy all the Eth at 100 Satoshi/Eth. That will make you 100 times profit instantly. So let us do it. I think he is just trolling. Do not take him too seriously. There are too many trolls for the Ethereum. I can see why you think it was a troll but I am/was dead serious about the offer of 1sat/1ETH for anyone's ETH |
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Intristing
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July 30, 2016, 09:21:16 AM |
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You're right, buying ETH is retarded right now.
I'll be happy to take all your ETH at 1sat/1ETH
PM me and let's do it.
I can buy all the Eth at 100 Satoshi/Eth. That will make you 100 times profit instantly. So let us do it. I think he is just trolling. Do not take him too seriously. There are too many trolls for the Ethereum. I can see why you think it was a troll but I am/was dead serious about the offer of 1sat/1ETH for anyone's ETH If you are serious about the offer one 1 satosh/ETH, you should sell at 10000 Satosh/ETH to others and buy back cheaper. |
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Hadmart
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Activity: 56
Merit: 0
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August 10, 2016, 09:52:19 AM |
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You're right, buying ETH is retarded right now.
I'll be happy to take all your ETH at 1sat/1ETH
PM me and let's do it.
I can buy all the Eth at 100 Satoshi/Eth. That will make you 100 times profit instantly. So let us do it. I think he is just trolling. Do not take him too seriously. There are too many trolls for the Ethereum. I can see why you think it was a troll but I am/was dead serious about the offer of 1sat/1ETH for anyone's ETH If you are serious about the offer one 1 satosh/ETH, you should sell at 10000 Satosh/ETH to others and buy back cheaper. I will buy the ETH at 100,000 satosh. But it seems nobody is selling at that price in the market at present. |
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Minecache
Legendary
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Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
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August 10, 2016, 10:27:52 AM |
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I am purchasing more and more ETH as its the only real Ethereum coin with serious financial backers and developers. ETC criminal coin os simply for crooks and thieves.
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CoinBreader
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August 10, 2016, 10:30:26 AM |
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I am purchasing more and more ETH as its the only real Ethereum coin with serious financial backers and developers. ETC criminal coin os simply for crooks and thieves.
The best move i make so far, expect to buy ETH early (.005) was to play with ETC pump and all the profit go back to ETH  |
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Minecache
Legendary
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Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
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August 10, 2016, 10:33:04 AM |
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I am purchasing more and more ETH as its the only real Ethereum coin with serious financial backers and developers. ETC criminal coin os simply for crooks and thieves.
The best move i make so far, expect to buy ETH early (.005) was to play with ETC pump and all the profit go back to ETH It's the best way to play this long game. Gud on you Sir. |
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CoinBreader
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August 10, 2016, 06:02:56 PM |
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I am purchasing more and more ETH as its the only real Ethereum coin with serious financial backers and developers. ETC criminal coin os simply for crooks and thieves.
The best move i make so far, expect to buy ETH early (.005) was to play with ETC pump and all the profit go back to ETH It's the best way to play this long game. Gud on you Sir. Thank you !  I dont know if it was luck or wisdom but i treated to ETH like i would treat BTC back on 2009 *sigh* |
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manselr
Legendary
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Activity: 868
Merit: 1004
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August 10, 2016, 06:17:47 PM |
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I agree. How can a coin that can hard fork at any moment be a safe investment?
Dont you see that as soon as DAO 2.0 happens they will bailout again? Its a joke.
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Intristing
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August 11, 2016, 04:24:30 PM |
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I agree. How can a coin that can hard fork at any moment be a safe investment?
Dont you see that as soon as DAO 2.0 happens they will bailout again? Its a joke.
After the ETH become PoS, there is no way it can do a hard fork easily. You should buy more ETC if you do not like ETH. |
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BillyBobZorton
Legendary
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Activity: 1204
Merit: 1028
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August 11, 2016, 04:32:51 PM |
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I agree. How can a coin that can hard fork at any moment be a safe investment?
Dont you see that as soon as DAO 2.0 happens they will bailout again? Its a joke.
After the ETH become PoS, there is no way it can do a hard fork easily. You should buy more ETC if you do not like ETH. I don't understand how this is the case. In fact it should be easier, since a couple of whale holders could move the balance where they want to. |
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psomas2
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August 11, 2016, 08:38:29 PM |
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So whats the explanation for why ETH is still doing well guys? A hard fork does not mean people have to get fucked over or that either ETH or ETC are a scam. I say it looked sketchy but it seems to be leveling out. The DAO hacker will not necessarily dump all his coins and murder the coin when seeping it out slowly whiles the value remains high may be much more profitable. it either case for both coins no reason to panic necessarily.
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Rule #1 Never get emotional when trading.
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Mark02
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August 11, 2016, 08:46:05 PM |
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So whats the explanation for why ETH is still doing well guys? A hard fork does not mean people have to get fucked over or that either ETH or ETC are a scam. I say it looked sketchy but it seems to be leveling out. The DAO hacker will not necessarily dump all his coins and murder the coin when seeping it out slowly whiles the value remains high may be much more profitable. it either case for both coins no reason to panic necessarily.
Yeah, maybe some false threats to promote other coin maybe ? Or they are just ETC or ETH haters. Hahah  I was reading diverse comments and posts about ETC and ETH. Some are frustrated and there are many accusations being told about that coin. And some are good testimonies. I don't know where to side the fact that I am not fun of ETC or ETH. So, its up to you to see what is the reality of this coin. |
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psomas2
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August 11, 2016, 08:59:11 PM |
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So whats the explanation for why ETH is still doing well guys? A hard fork does not mean people have to get fucked over or that either ETH or ETC are a scam. I say it looked sketchy but it seems to be leveling out. The DAO hacker will not necessarily dump all his coins and murder the coin when seeping it out slowly whiles the value remains high may be much more profitable. it either case for both coins no reason to panic necessarily.
Yeah, maybe some false threats to promote other coin maybe ? Or they are just ETC or ETH haters. Hahah I was reading diverse comments and posts about ETC and ETH. Some are frustrated and there are many accusations being told about that coin. And some are good testimonies. I don't know where to side the fact that I am not fun of ETC or ETH. So, its up to you to see what is the reality of this coin. honestly I would have sold half my stock and bought etc. smartest move, but people panic cause they've been screwed so many times there will always be those who jump right away. |
Rule #1 Never get emotional when trading.
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lanbo
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August 12, 2016, 01:40:21 AM |
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Retarded or not I'm still buying ETH while waiting for the price go up to $20 again. |
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psomas2
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August 12, 2016, 04:23:52 AM |
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Retarded or not I'm still buying ETH while waiting for the price go up to $20 again. see this guy knows |
Rule #1 Never get emotional when trading.
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nor9850
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August 12, 2016, 04:43:48 AM |
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Forget ETH and ETC! The only hard fork I like is for eating pasta!
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genuin
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August 12, 2016, 06:31:53 AM |
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Remember:
ETH is a PRE-MINED coin, ultra manipuled by whales
ETH is a PUMP AND DUMP coin, made only to pump and dump and make some whales rich fast like a rain
ETH is a PRE-MINED SCAM COIN
Only retards to buy this pre-mined trash.
really sure about your statement sir,too long this coin manupuled price for get more investors |
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