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Author Topic: Ethereum Fork good or bad?  (Read 3142 times)
coins101
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July 31, 2016, 11:00:28 AM
 #41


In order for a 51% attack to "succeed", you have to sustain it, otherwise the good chain catches up.  What miner is going to put permanent resources in this ?


Depends on the value of the contract.
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July 31, 2016, 11:45:13 AM
 #42

you have to wait and see if you want to know if it was good or bad in the future. but for the time being you should sit back and enjoy the show or if you want to take risks you can also invest in the two chains and enjoy the pump or lose on the dump.

--signature space for rent; sent PM--
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July 31, 2016, 03:34:43 PM
 #43

you have to wait and see if you want to know if it was good or bad in the future. but for the time being you should sit back and enjoy the show or if you want to take risks you can also invest in the two chains and enjoy the pump or lose on the dump.

There are pumps about the ETC now. One guy said he is going to move his hashing power to the ETC.
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July 31, 2016, 04:04:42 PM
 #44

you have to wait and see if you want to know if it was good or bad in the future. but for the time being you should sit back and enjoy the show or if you want to take risks you can also invest in the two chains and enjoy the pump or lose on the dump.

There are pumps about the ETC now. One guy said he is going to move his hashing power to the ETC.

I guess he found out out that it is more profitable to mine ETC....
https://www.cryptocompare.com/mining/calculator/etc
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August 01, 2016, 10:38:53 AM
 #45

you have to wait and see if you want to know if it was good or bad in the future. but for the time being you should sit back and enjoy the show or if you want to take risks you can also invest in the two chains and enjoy the pump or lose on the dump.

There are pumps about the ETC now. One guy said he is going to move his hashing power to the ETC.

I guess he found out out that it is more profitable to mine ETC....
https://www.cryptocompare.com/mining/calculator/etc


That is right. It seems it is more profitable to mine the ETC. protecting the ETC is just an excuse to make profit.
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August 10, 2016, 11:38:06 AM
 #46

you have to wait and see if you want to know if it was good or bad in the future. but for the time being you should sit back and enjoy the show or if you want to take risks you can also invest in the two chains and enjoy the pump or lose on the dump.

There are pumps about the ETC now. One guy said he is going to move his hashing power to the ETC.

I guess he found out out that it is more profitable to mine ETC....
https://www.cryptocompare.com/mining/calculator/etc


That is right. It seems it is more profitable to mine the ETC. protecting the ETC is just an excuse to make profit.

The ETC/ETH price is declining at the moment. Even though it is more profitable to mine ETC, when you sell, it is less profit.
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August 11, 2016, 04:57:07 PM
 #47

you have to wait and see if you want to know if it was good or bad in the future. but for the time being you should sit back and enjoy the show or if you want to take risks you can also invest in the two chains and enjoy the pump or lose on the dump.

There are pumps about the ETC now. One guy said he is going to move his hashing power to the ETC.

I guess he found out out that it is more profitable to mine ETC....
https://www.cryptocompare.com/mining/calculator/etc


That is right. It seems it is more profitable to mine the ETC. protecting the ETC is just an excuse to make profit.

The ETC/ETH price is declining at the moment. Even though it is more profitable to mine ETC, when you sell, it is less profit.

That is the reason I do not change the coin between ETC and ETH any more, it is too risky to mine ETC.
RoseMann
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August 11, 2016, 05:40:27 PM
 #48

Some thoughts for your question:

The Fork itself will not determine weather ETC or ETH will be successful in the long run.
but it did fuck over the original holders of Etherium by making them choose a path so to speak, if they chose wrong it could be devastating.
However it is entirely possible for both coins to do well, ongoing.

bbc.reporter
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August 12, 2016, 01:31:25 AM
 #49

Some thoughts for your question:

The Fork itself will not determine weather ETC or ETH will be successful in the long run.
but it did fuck over the original holders of Etherium by making them choose a path so to speak, if they chose wrong it could be devastating.
However it is entirely possible for both coins to do well, ongoing.

You are wrong. All ETH prefork have the equivalent amount of ETC. So it is not making them "choose" which path they should go. They can go both paths and it is advisable that they should hold both ETH and ETC. In the future both will diverge and it will be correct to cheer for the success of both. The success of one or the other will make the value of your portfolio higher.

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dumada
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August 12, 2016, 02:14:49 PM
 #50

Some thoughts for your question:

The Fork itself will not determine weather ETC or ETH will be successful in the long run.
but it did fuck over the original holders of Etherium by making them choose a path so to speak, if they chose wrong it could be devastating.
However it is entirely possible for both coins to do well, ongoing.

You are wrong. All ETH prefork have the equivalent amount of ETC. So it is not making them "choose" which path they should go. They can go both paths and it is advisable that they should hold both ETH and ETC. In the future both will diverge and it will be correct to cheer for the success of both. The success of one or the other will make the value of your portfolio higher.

I think I will just hold one Etheruem, the ETH. The ETC has already damaged by the DAO hacker by stealing 3.6 million coins.
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August 12, 2016, 02:51:42 PM
 #51

it was definitely a really bad thing to be honest, in my opinion ethereum hard fork was a really bad thing, right now there is 2 currencies that compete

 
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August 12, 2016, 04:32:39 PM
 #52

it was definitely a really bad thing to be honest, in my opinion ethereum hard fork was a really bad thing, right now there is 2 currencies that compete

I do not think there will competition between two currencies. As long as the DAO hacker does not return the stolen funds, ETC is a scam coin.
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August 12, 2016, 05:44:51 PM
 #53

it was definitely a really bad thing to be honest, in my opinion ethereum hard fork was a really bad thing, right now there is 2 currencies that compete

I do not think there will competition between two currencies. As long as the DAO robinhood white hats do not return the stolen etc funds, ETh is a scam coin.
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August 12, 2016, 06:10:30 PM
 #54

it was definitely a really bad thing to be honest, in my opinion ethereum hard fork was a really bad thing, right now there is 2 currencies that compete

I do not think there will competition between two currencies. As long as the DAO robinhood white hats do not return the stolen etc funds, ETh is a scam coin.

The same would apply to the whilte hat and black hat. If either of them does not return the funds, ETC is a scam.
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August 12, 2016, 07:38:38 PM
 #55

Apparently, the hard fork needed to happen. The resulting clusterfuck has revealed the true attitude toward the project the developers have, that is, this is more about profit than ideology. I'm not naive; I have bills and shit too and I understand how the world works. But these conflicts of interest are damn near criminal at this point, I hope people understand that the criticisms that some of us had with ETH didn't go away with the fork.

Fool me three.times, what's the saying for that?
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August 12, 2016, 10:12:59 PM
 #56

at first I thought it was possibly good and wud save the coin, now i think the guy took advantage of louphole and fucked everyone Angry

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August 13, 2016, 05:39:47 AM
 #57

a hard fork itself isnt bad , its why it happened the dev took advantage of a loop hole and fucked everyone (Just my thoughts)

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August 13, 2016, 05:48:04 AM
 #58

Apparently, the hard fork needed to happen. The resulting clusterfuck has revealed the true attitude toward the project the developers have, that is, this is more about profit than ideology. I'm not naive; I have bills and shit too and I understand how the world works. But these conflicts of interest are damn near criminal at this point, I hope people understand that the criticisms that some of us had with ETH didn't go away with the fork.

Fool me three.times, what's the saying for that?

Yes the fork is actually one of the best things that has happened for the original chain. Profiteer Vitalik and the corrupt Ethereum foundation had to go. It was nice of them to voluntarily step out and continue on with their own platform.

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Kellor
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August 14, 2016, 08:14:49 AM
 #59

Apparently, the hard fork needed to happen. The resulting clusterfuck has revealed the true attitude toward the project the developers have, that is, this is more about profit than ideology. I'm not naive; I have bills and shit too and I understand how the world works. But these conflicts of interest are damn near criminal at this point, I hope people understand that the criticisms that some of us had with ETH didn't go away with the fork.

Fool me three.times, what's the saying for that?

Yes the fork is actually one of the best things that has happened for the original chain. Profiteer Vitalik and the corrupt Ethereum foundation had to go. It was nice of them to voluntarily step out and continue on with their own platform.

If you do not like the  Profiteer Vitalik and the corrupt Ethereum foundation, you can create a coin and a foundation yourself.
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August 14, 2016, 08:50:00 AM
 #60

Please do not be hurt with what I said. It is because of his actions that caused all the mayhem in the Ethereum fork. The original Ethereum classic is now slowly stepping on solid ground thanks to the foundation provided by Charles Hoskinson.

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