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Author Topic: Ethereum Fork good or bad?  (Read 3137 times)
Boxxl (OP)
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July 18, 2016, 07:03:53 AM
 #1

Hi,

I'm confused..
The hard fork.. Is it good or bad for the future of ethereum?

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Axente
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July 18, 2016, 07:16:51 AM
 #2

Hi,

I'm confused..
The hard fork.. Is it good or bad for the future of ethereum?


It all depends on your view and opinion on the mather. Do you think that bad coding which resulted in the loss of eth to be fixed or not?

Kellor
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July 18, 2016, 07:55:42 AM
 #3

According to the Carbon vote, 90% of the votes think it is good to hard fork and get back the stolen funds.
Boxxl (OP)
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July 18, 2016, 08:02:12 AM
 #4

I don't like the bad code..
But is it bad for the price of ETH?

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CraigWrightBTC
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July 18, 2016, 08:06:47 AM
 #5

I think it is good because the people can not robe much ethereum and it is different with bitcoin who can not be hard fork but it is just my opinion and good or bad depend on comunity who use ethereum.
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July 18, 2016, 08:10:40 AM
 #6

It's good because the DAO investors will get their money back.  But it's also bad because now it's stigmatized as this platform that rolled back the transaction in order to save the investors' money, in which those investors were mostly from the Ethereum Foundation.

I know it's technically not a roll back but that's what people would tend to think it is.

R


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mining1
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July 18, 2016, 10:03:46 AM
 #7

No option is great, but forking the dao is better than not forking at all. Thats why the price dropped from 21$ to 9-12$. After a succesful fork the price should go back to 20$ range tho.
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July 18, 2016, 10:10:33 AM
 #8

It's good because the DAO investors will get their money back.  But it's also bad because now it's stigmatized as this platform that rolled back the transaction in order to save the investors' money, in which those investors were mostly from the Ethereum Foundation.

I know it's technically not a roll back but that's what people would tend to think it is.

It is a dilemma. If the "thief" or the attacker is caught before the hard fork, there is no need to do the fork.
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July 18, 2016, 10:33:32 AM
 #9

bad in theory but if you were a dao 'investor' you'd probably believe it was good.

overall it's something that's been agreed by the majority, so you can't argue with its validity and i have a sneaky feeling it's gonna boost it as most people secretly don't want something that's immutable if it fails to suit them.

there, crypto's dirty secret is out.
raphma
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July 18, 2016, 03:24:20 PM
 #10

nobody knows... and the market will tell. My opinion is: very bad.
just wait and see how the price moves... i might be wrong.
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July 19, 2016, 06:53:49 AM
 #11

nobody knows... and the market will tell. My opinion is: very bad.
just wait and see how the price moves... i might be wrong.

It depends how big the dominant chain is. If that is 80% within 1 hour after the hard fork, the price will rise.
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July 20, 2016, 08:50:38 PM
 #12

The hard fork has occurred successfully and the stolen ethereum is recovered now, ( i saw in a blog news), now the traders are once again going to invest in there as I am seeing on the exchanges that the price in increasing so the active traders do not fear from any risk and they are taking this risk.
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July 20, 2016, 09:19:53 PM
 #13

The withdrawal DAO has been very active today. So far most of the ETH transfers have remained in the owners address rather than being transferred (possibly to an exchange wallet) indicating a hold position. This might indicate former DAO holders (if inclined to sell) are watching market price before deciding what to do.

You can check out the transactions here and follow them from transfer to wallet of holder. I did not find a single example of a possible transfer to an exchange (by observation only looking at 20 to 30 random addresses....definitely not scientific).

http://etherscan.io/txs?a=0xbf4ed7b27f1d666546e30d74d50d173d20bca754
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July 20, 2016, 09:20:41 PM
 #14

Both

It looks like a central action to fix a big attack surface - more to come.

It shows bitcoiners that hard forks are the way to go.


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July 20, 2016, 09:53:21 PM
 #15

Any thoughts on ETHC? Will the old chain survive?
mining1
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July 20, 2016, 10:05:16 PM
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Most likely not, it would need a big team of developers to develop it further, to rival curent ethereum team.
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July 20, 2016, 10:31:08 PM
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The withdrawal DAO has been very active today. So far most of the ETH transfers have remained in the owners address rather than being transferred (possibly to an exchange wallet) indicating a hold position. This might indicate former DAO holders (if inclined to sell) are watching market price before deciding what to do.

You can check out the transactions here and follow them from transfer to wallet of holder. I did not find a single example of a possible transfer to an exchange (by observation only looking at 20 to 30 random addresses....definitely not scientific).

http://etherscan.io/txs?a=0xbf4ed7b27f1d666546e30d74d50d173d20bca754

Also this http://slacknation.github.io/medium/11/11

Thats about 66 Million usd at 12 bucks a coin thats been withdrawn, will be interesting to see what happens over the coming weeks.  People are hoping for a time machine back to 20 bucks a coin, but the problem with that is the millions of ethers that can get dumped on the market or at least hold it down for a bit.
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July 20, 2016, 10:45:47 PM
 #18

Hi,

I'm confused..
The hard fork.. Is it good or bad for the future of ethereum?


i think etherum ETH still good coin
high community is use etherum coin high volume transcation
indicator altcoin good or not we can see is volume transaction until know ethereum is volume transaction number one altcoin is volume transaction in better than good litecoin or dogecoin only under bitcoin is volume transaction eth
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July 20, 2016, 10:54:16 PM
 #19

Hi,

I'm confused..
The hard fork.. Is it good or bad for the future of ethereum?


i think etherum ETH still good coin
high community is use etherum coin high volume transcation
indicator altcoin good or not we can see is volume transaction until know ethereum is volume transaction number one altcoin is volume transaction in better than good litecoin or dogecoin only under bitcoin is volume transaction eth
ETH is obviously still good coinage. Fantastic community, devs, backing, and support. Everything all these other shitcoinage desperately want. And need.

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July 20, 2016, 11:02:36 PM
 #20

The dump is coming...
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