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Author Topic: Hardfork Confirmed. ETH and DAO Price Soaring.  (Read 7280 times)
Lebubar
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July 08, 2016, 06:05:07 PM
Last edit: July 08, 2016, 06:42:09 PM by Lebubar
 #21

To OP, what you didn't understand in the following statements?

Quote
The terms of The DAO Creation are set forth in the smart contract code existing on the Ethereum blockchain at 0xbb9bc244d798123fde783fcc1c72d3bb8c189413. Nothing in this explanation of terms or in any other document or communication may modify or add any additional obligations or guarantees beyond those set forth in The DAO’s code. Any and all explanatory terms or descriptions are merely offered for educational purposes and do not supercede or modify the express terms of The DAO’s code set forth on the blockchain; to the extent you believe there to be any conflict or discrepancy between the descriptions offered here and the functionality of The DAO’s code at 0xbb9bc244d798123fde783fcc1c72d3bb8c189413, The DAO’s code controls and sets forth all terms of The DAO Creation.

The DAO’s smart contract code governs the Creation of DAO tokens and supercede any public statements about The DAO’s Creation made by third parties or individuals associated with The DAO, past, present and future. The software code currently available at https://github.com/slockit/dao is the sole source for the terms under which DAO tokens may be created.

HardFork=
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July 08, 2016, 06:50:38 PM
 #22

Congrats to all the ETH and DAO community for not letting the haters sway their opinion. Let us not forget that ETH and the DAO are not BTC and have never pretended to be so when the great Ethereum community pulls together to vote decisively for a hard fork it is clear that ETH has safe guards against wide scale thefts. Unlike Bitcoin. If you were ever on the fence about purchasing ETH then now is the time to jump in at this current low price.

#TogetherWeAreETH.

https://www.cryptocoinsnews.com/ethereum-reaches-unanimous-agreement-hardfork/

http://www.swissinfo.ch/eng/cryptocurrency-reverse_damaging-blockchain-heist-fails-to-deter-innovators/42280878



Congratulations you essentially have now established the legacy banking system.

A precedent has been set for ETH now.

If you ever have ETH stolen or hacked, just do a HARD FORK.


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July 08, 2016, 06:52:47 PM
 #23

Together we have broken the social contract of Ethereum and made a mockery of the central banking ledgers we were attempting to replace!

I would say they just look like clowns as they are "acting" like they will replace legacy banking but then resorting to the same policies that legacy banking employs that is corrupt and broken at all levels.

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July 08, 2016, 07:25:42 PM
 #24

lets talk about that in a year or so. nobody will care.
there will be other coins, other so called smart contracts. and yes eth will be there to. but almost nobody will talk about the hard fork.

the crypto-coin earth spins very fast.
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July 08, 2016, 07:35:57 PM
 #25

lets talk about that in a year or so. nobody will care.
there will be other coins, other so called smart contracts. and yes eth will be there to. but almost nobody will talk about the hard fork.

the crypto-coin earth spins very fast.

Just like almost no one talks about Dash's instamine after 2.5 years later?

I think we will agree to disagree. The hardfork here will be talked about for as long as ETH is around.

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Spoetnik
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July 08, 2016, 07:58:38 PM
 #26

Just over $10 is "soaring" ?  Cheesy

Your a fucking liar.. it was already at that exact price lately.

People this guy WORKS for the ETHEREUM FRAUD TEAM.

He is a fucking liar period .

FUD first & ask questions later™
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July 08, 2016, 08:23:02 PM
 #27

...but almost nobody will talk about the hard fork.

the crypto-coin earth spins very fast.

Yea but ETH haters now will have good argument to argue in fact that ETH is truly decentralized currency while BTC is.
That situation have its + and - . For big investors its more stability, people will invest more in ETH like company shares than
digital currency,money. ETH can rise up again and that situation can even deter more "hackers" from doing good exploit bug hunt.
Anyway ETH was always centralized around their core dev team so lets drop that fasade and move on.

Request / 26th September / 2022 APP-06-22-4587
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July 08, 2016, 08:30:33 PM
 #28

A lot of talk about an obvious scam that is going to die in no time.
To me it feels like people need that drama and excitement that a public face winning and failing has, instead of watching a math algo running on it's own. Maybe watch a TV series instead?

I'm sure there are enough skilled people in here to make use of a sucky chain and write some pool to pay for some amazon deep bot farm that generates penguin avatars holding a Kalashnikov and posts some funny comments on currencies.

ICOcountdown.com
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July 08, 2016, 08:34:58 PM
 #29

Congrats to all the ETH and DAO community for not letting the haters sway their opinion. Let us not forget that ETH and the DAO are not BTC and have never pretended to be so when the great Ethereum community pulls together to vote decisively for a hard fork it is clear that ETH has safe guards against wide scale thefts. Unlike Bitcoin. If you were ever on the fence about purchasing ETH then now is the time to jump in at this current low price.

#TogetherWeAreETH.

https://www.cryptocoinsnews.com/ethereum-reaches-unanimous-agreement-hardfork/

http://www.swissinfo.ch/eng/cryptocurrency-reverse_damaging-blockchain-heist-fails-to-deter-innovators/42280878



This is a completely misleading article. (crypto coin news article).

https://twitter.com/ICOcountdown/status/751502155144687620

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July 08, 2016, 08:40:17 PM
 #30

I don't see price soaring...
And even if it did soar, it would be totally crazy! That simply means the "investors" do so willingly taking away money from "The Attacker" or anybody else they feel doesn't deserve it.

Quote
Also, I think this is the dumbest thing they could ever do. It goes against all they claimed the DAO would be and it will put a large piece of bought ether for DAO directly on the market.

Would they fork if my project lost "just" 10k ether due to a fault? No. They shouldn't do it now either.
I couldn't agree more. Ether was doomed the moment people "invested" in a smart contract they didn't understand. The DAO was doomed because of this, and Ethereum was doomed because smart contracts where the only promise they have to be "special".

If you want a central authority to protect you from your own stupidity, go to a bank, they are backed by governments.

I really hope "The Attacker" is going to sue them over this. I'm very curious to see what comes out of this lawsuit.

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ImHash
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July 08, 2016, 08:44:38 PM
 #31

I wonder why people would put their money in something they don't even know what it is.
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July 08, 2016, 09:05:05 PM
 #32

I wonder why people would put their money in something they don't even know what it is.

They don't care what it is.  They put their money in simply because they thought they would be able to later sell it for more.

It's called the Greater Fool Theory.
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July 08, 2016, 09:10:40 PM
 #33

Just over $10 is "soaring" ?  Cheesy

Your a fucking liar.. it was already at that exact price lately.

People this guy WORKS for the ETHEREUM FRAUD TEAM.

He is a fucking liar period .
Coinmarketcap as at 22:07 GMT

ETH UP 24Hr 13%
DAO UP 24hr 18%

Consensus wins. People like HF.

Why you BTC shills care so much to spend sooo much time trying to spread your lies and FUD over hard facts. It really is strange that you care to hate. Suspicious even.

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July 08, 2016, 09:13:33 PM
 #34

I don't see price soaring...
And even if it did soar, it would be totally crazy! That simply means the "investors" do so willingly taking away money from "The Attacker" or anybody else they feel doesn't deserve it.

Quote
Also, I think this is the dumbest thing they could ever do. It goes against all they claimed the DAO would be and it will put a large piece of bought ether for DAO directly on the market.

Would they fork if my project lost "just" 10k ether due to a fault? No. They shouldn't do it now either.
I couldn't agree more. Ether was doomed the moment people "invested" in a smart contract they didn't understand. The DAO was doomed because of this, and Ethereum was doomed because smart contracts where the only promise they have to be "special".

If you want a central authority to protect you from your own stupidity, go to a bank, they are backed by governments.

I really hope "The Attacker" is going to sue them over this. I'm very curious to see what comes out of this lawsuit.
Like the attacker would show themselves. Get a grip you fool. The FUD is strong in you.

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July 08, 2016, 09:27:04 PM
Last edit: July 08, 2016, 09:37:26 PM by bitebits
 #35

Together we have broken the social contract of Ethereum and made a mockery of the central banking ledgers we were attempting to replace!

Nice one. I really don't care what the reason is, but when you change the rules during the game you are already game over. It is against everything Bitcoin has been invented for.

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
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July 08, 2016, 09:38:51 PM
 #36

Together we have broken the social contract of Ethereum and made a mockery of the central banking ledgers we were attempting to replace!

Nice one. I really don't care what the reason is, but when you change the rules during the game you are already game over. It is against everything Bitcoin has been created for.

Exactly! Ethereum is not Bitcoin. How obvious for something that comes out years later under completely different conditions.
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July 08, 2016, 09:40:35 PM
 #37

Together we have broken the social contract of Ethereum and made a mockery of the central banking ledgers we were attempting to replace!

Nice one. I really don't care what the reason is, but when you change the rules during the game you are already game over. It is against everything Bitcoin has been invented for.
FFS

ETH <> BTC
BTC <> ETH

Get over it.

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July 08, 2016, 10:10:23 PM
 #38

Together we have broken the social contract of Ethereum and made a mockery of the central banking ledgers we were attempting to replace!

Nice one. I really don't care what the reason is, but when you change the rules during the game you are already game over. It is against everything Bitcoin has been invented for.
FFS

ETH <> BTC
BTC <> ETH

Get over it.

Bitcoin 2.0tm

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
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July 08, 2016, 10:12:54 PM
 #39

Together we have broken the social contract of Ethereum and made a mockery of the central banking ledgers we were attempting to replace!

Nice one. I really don't care what the reason is, but when you change the rules during the game you are already game over. It is against everything Bitcoin has been invented for.
FFS

ETH <> BTC
BTC <> ETH

Get over it.

Bitcoin 2.0tm
Do I need to repeat my post?

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July 08, 2016, 10:58:54 PM
 #40

Of course, the fork will get done...VB and crew want it since they invested. It will be interesting to see if the bail out people dump their ETH after or not. Where was my do-over when I got goxxed?...oh right Bitcoin does not fork for third party screw ups.
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