DrkLvr_ (OP)
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August 12, 2016, 09:08:14 PM |
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OK hear me out. They raised 60 million dollars in the ICO, and what did they deliver? Shitty, basic code without even a proper wallet, after months of delay. So where did that money go? To R&D/tapeout of Dagger Hashimoto ASIC miners.
Meanwhile, they claim to be moving to POS on X date to discourage any other ASIC development/competitors. Even IF POS goes live, it will be months/years later than they said it would.
This foundation has already proven they have zero integrity, so it definitely would not be beyond them. Such a high hashrate remaining on ETH despite ETC being more profitable during certain periods, and in the face of the many ETH scandals, lends even more weight to this IMO.
So, can anyone find any concrete flaws in this theory?
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YIz
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August 12, 2016, 09:11:26 PM |
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They might have hashimoto ASICs, but I doubt they are MUCH better than graphics cards, and their power consumption is probably high, if they even exist.
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Spoetnik
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FUD Philanthropist™
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August 13, 2016, 06:27:47 AM |
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Interesting for sure and i expect info to come out eventually. People can't keep their mouths shut forever. And the more people involved the more likely info gets leaked.
Asics are a sleazy scammy ass industry. Millions of stories.
I loved when Coindesk was flogging the shit out of Doge coin with "NEWS" stories every damn day for ages and it got to the point that all of Crypto was regularly mocking them for being shills.
They they posted a story asking what should we do with the huge massive amount of coins they mined via ASIC in secret and saying they already did dump some.
Then later they ran "NEWS" stories saying coin cloning is good ..during the SCRYPT cloning frenzy way back. hmm i wonder why LOL
You have to be pretty damn gullible to believe all these scammy two face corrupt assholes in Crypto.
There are no honest crypto currency supporters.. just greedy profiteers with varied levels of how low they will go to profit.
Liemog i got beliefs & principles ! I must say thinsg that beneiftz ma walletz !!!!!
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FUD first & ask questions later™
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Cryptoipad
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Activity: 260
Merit: 10
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August 13, 2016, 01:53:03 PM |
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They might have hashimoto ASICs, but I doubt they are MUCH better than graphics cards, and their power consumption is probably high, if they even exist.
If you believe this then you're an idiot. They would be far more efficient and many times faster.
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raphma
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August 13, 2016, 02:25:45 PM |
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They might have hashimoto ASICs, but I doubt they are MUCH better than graphics cards, and their power consumption is probably high, if they even exist.
lol... try to mine bitcoin without asic and comeback to tell us.
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ReturnBits
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August 13, 2016, 02:44:47 PM |
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I'v come to realize nearly everything about ETH scream institutional Scam. So I dont even mess with it anymore, even having bought into the ICO i dont enjoy the way they are doing things now.
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BTCLovingDude
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BTC to the moon is inevitable...
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August 13, 2016, 03:03:26 PM |
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OK hear me out. They raised 60 million dollars in the ICO, and what did they deliver? Shitty, basic code without even a proper wallet, after months of delay. So where did that money go? To R&D/tapeout of Dagger Hashimoto ASIC miners.
Meanwhile, they claim to be moving to POS on X date to discourage any other ASIC development/competitors. Even IF POS goes live, it will be months/years later than they said it would.
This foundation has already proven they have zero integrity, so it definitely would not be beyond them. Such a high hashrate remaining on ETH despite ETC being more profitable during certain periods, and in the face of the many ETH scandals, lends even more weight to this IMO.
So, can anyone find any concrete flaws in this theory?
very interesting theory indeed. and honestly i wouldn't be surprised if it turns out to be 100% true! the ethereum foundation has done many shady things and the recent one is the massive ETC dump on the market which ended by poloniex freezing their coins. besides they never had any clear plan for the future, they are only interested in the $$$ they get from their buggy code. so they do anything in their power to prolong their ability to earn more $$$ from it.
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--looking for signature--
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BitcoinNational
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Join The Blockchain Revolution In Logistics
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August 13, 2016, 05:09:45 PM |
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interesting; scum bag 'Foundation' spends loot to acquire high end tech and bottleneck the chain, probability YEEP!
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Mastercon
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August 13, 2016, 05:15:37 PM |
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There could be DAgger ASICs, as the difficulty is rising very fast. But I doubt it has anything to do with Ethereum foundation.
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BitcoinNational
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Join The Blockchain Revolution In Logistics
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August 13, 2016, 05:29:11 PM |
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There could be DAgger ASICs, as the difficulty is rising very fast. But I doubt it has anything to do with Ethereum foundation.
sure sure
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lotfiuser
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August 13, 2016, 05:50:08 PM |
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i dont know hy but i dont trust em they only looking for profit
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Free palestine
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Mastercon
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August 16, 2016, 10:31:10 AM |
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i dont know hy but i dont trust em they only looking for profit
All of us a looking for profits. But I do not believe if the Ethereum Foundation is involved in the development of Dagger ASIC.
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RMfuckbarca
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August 16, 2016, 11:04:17 AM |
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I think they have delivered, or the price wouldn't be so high, it has been pumped heavily, if it is really a shit project, how can the price be pumped so heavily??
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Spoetnik
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FUD Philanthropist™
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August 16, 2016, 11:17:40 AM |
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There could be DAgger ASICs, as the difficulty is rising very fast. But I doubt it has anything to do with Ethereum foundation.
Really ? See page 1 of my ETH scam topic from 2014. Who was it buying a fortune ? Who knew or cared at launch ? ETH team + friends or associates. The same group(s) that manipulated the cap and spammed hyped then pumped it with HUGE amounts of money. It' all been outlined a thousand times.. it gets old having to go through it all again. Search around the forum etc And you all SHOULD be investigating the 2014 launch before spending 1 cent of your banks FIAT money on ICO scam coin scheme tokens ..for profit. Do your homework ! AND !!111 Eat your damn peas !PS:@Mastercon WROOOOOOOOOOOOOOOOOOOOOOOOOOONG NOT *ALL* of us are looking for "profits" And some of us have some bloody class & INTEGRITY. and.. @RMfuckbarca Your a noob. Teams prop up prices. This is an admitted known fact. For example i watched Zack admit to it on Cryptsy with ADT long ago. Walls ..common practice. Please NOOBS check your privilege !
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FUD first & ask questions later™
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raphma
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August 16, 2016, 01:32:40 PM |
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I think they have delivered, or the price wouldn't be so high, it has been pumped heavily, if it is really a shit project, how can the price be pumped so heavily?? such innocence... Everything about the ETH price is manipulation, since the hack they are manipulating it heavily..
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Spoetnik
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FUD Philanthropist™
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August 16, 2016, 10:37:04 PM |
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I think they have delivered, or the price wouldn't be so high, it has been pumped heavily, if it is really a shit project, how can the price be pumped so heavily?? such innocence... Everything about the ETH price is manipulation, since the hack they are manipulating it heavily.. Before and after he admitted to "dumping 25% of his holdings" Which i was told was worth 1 million dollars.. i suspect it was waaaaaay higher too. Minecache tried to say he dumped at $6 per coin.. BULLSHIT ! Where did he get many millions worth ? Was he already rich at ICO launch ? Or did he need "partners" to do the shit we caught them doing on launch day ? Buying a colossal fortune of them ASAP in blocks of 100 BTC at a time non stop. THE ONLY people who could have even known to drop many millions on an unknown random ICO was the damn dev team etc ! This was common knowledge in 2014 so how did you all fall for the shenanigan in 2016 ? Your all stupid, corrupt & greedy. Support ETH ? You are a fraud supporter.
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FUD first & ask questions later™
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Cryptronika
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August 16, 2016, 11:14:17 PM |
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Etherum are thieves nothing else. Its like Rocket Internet same Bullshit, stole ideas make it big if it fail fuck it just go on! There didnt care about anything just profit! So don´t spend these shitty idiots not so mutch attention!
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Mastercon
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August 17, 2016, 06:13:01 PM |
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Etherum are thieves nothing else. Its like Rocket Internet same Bullshit, stole ideas make it big if it fail fuck it just go on! There didnt care about anything just profit! So don´t spend these shitty idiots not so mutch attention! You can also steal the Ethereum ideas and make it big. There is nobody preventing you from doing this. You can even clone bitcoin.
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lotfiuser
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September 11, 2017, 07:03:01 AM |
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People investi un eth without knowledge
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Free palestine
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