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TraderTimm
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September 26, 2016, 05:20:26 PM |
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Gavin believes a lot of things.
He believed a con-man was satoshi.
He believed that Mike Hearn was a trustworthy contributor.
And now he believes some garbage about Ethereum.
I'll give him A's for being consistent, at least.... what a joke.
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fortitudinem multis - catenum regit omnia
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ArticMine
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September 26, 2016, 05:52:19 PM |
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From the article: A more sensible comparison would be Monero to bitcoin considering that both cryptocurrencies are developed on legitimate cryptography and are actually designed to operate as money. Gavin Andressen's point with respect to the blocksize limit in Bitcoin is or course correct, but Ethereum does not actually provide the answer here. One can actually compare Ethereum to Bitcoin with an unlimited blocksize combined with fixed fees for a transaction of a given size defined in the protocol. This model does actually allow the blocksize to scale, but this comes at the expense of tying the value of the currency to the value of computing resources. This is like using RAM modules or CPUs as money. The result of this is hyper inflation. One can think of a large number of Ethereum clones filling the need effectively driving down the purchasing power. Monero does have an adaptive blocksize and the total fees per block, are effectively tied to the emission. https://bitcointalk.org/index.php?topic=583449.msg16310999#msg16310999 The crucial difference between Monero and Ethereum is that in the case of Monero it is total fees per block, rather than the fees per transaction of a given size, that are set. This means that as the number of transactions per block increases the fees per transaction fall proportionally in Monero but do not in Ethereum. While the article does identify Monero "as a more sensible comparison" it does not mention this critical point. Edit: There are a host of attack vectors possible with a fixed fee model, if the the fees are dominant over the emission. In many of these cases these attacks involve the "out of bound payment" of rebates by the miners.
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gentlemand
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September 26, 2016, 11:19:12 PM |
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He's not really doing his rep many favours lately. He's correct that unless Bitcoin pulls its finger out to do something about scaling then it's going to be left in the dust. That's just straightforward supposition.
ETH? Nigger, please. That's looking creakier by the day. Ultimately it'll be one of many that paves the way to something that really addresses the prime gripes. Perhaps that'll be a recharged BTC. I think I'd rather put my money into something more dependable than ETH such as ostrich farms.
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Kakmakr
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September 27, 2016, 06:13:01 AM |
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Gavin believes a lot of things.
He believed a con-man was satoshi.
He believed that Mike Hearn was a trustworthy contributor.
And now he believes some garbage about Ethereum.
I'll give him A's for being consistent, at least.... what a joke.
I think, he might have sold his Bitcoin and invested in Ethereum and if he can hype Ethereum enough, he might make some good profits. The thing is, only a small percentage of people still acknowledge his credibility and integrity. Like Mike Hearn, he jumps from the one thing to the next, hoping to survive. When Eth is hyped up enough, he will dump his coins and invest in something else and then hype that up. Rinse and repeat. ^hmmmmm^
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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BitcoinNational
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September 27, 2016, 03:17:02 PM |
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"Gavin Andresen believes that the Ethereum network will challenge and eventually replace bitcoiN" PRESStitTUTE new game for how many XXX.xxxxxxxx BTC will Gavin Andresen swallow a sound bite? only MIT knows ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) PressTITtute ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F1.bp.blogspot.com%2F-xT0pCLECELo%2FUSJa3iaWqKI%2FAAAAAAAANO8%2FE5cQGsmV-kE%2Fs1600%2Fjournalists%252Bfor%252Bobama1.jpg&t=665&c=otHPkTRF5fyUQg) don't give a F about your political view est. 2007 set to expire in 2016 PressTITtute done well ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Spoetnik
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FUD Philanthropist™
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September 27, 2016, 03:31:50 PM |
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When i made a reference last night this is EXACTLY what i was talking about.. <snipped> Note: i bet Satoshi is more than 1 person. I also bet some of those early guys wearing the Satoshi "hat" taking turns helping make it etc Dumped long ago and needed / wanted more money later and are NOW the pricks behind the ICO bullshit like Ethereum.
Gavin can blow me ..he is a fucking fraud. Did you all know he used to get a 1 million dollar a year salary paycheck from the Bitcoin foundation ? If there was ever an example of "Power Corrupts".. This guy got greedy & sleazy. PS:Who and what did he rat out to the FBI before ?
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FUD first & ask questions later™
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Red-Apple
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September 27, 2016, 03:32:19 PM |
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wow, so his proposals were rejected so now he is bashing bitcoin by supporting a centralized manipulated altcoin with 90% premine that is too low even for Gavin. besides from the time he supported Craig Wright and was too stupid to see the fake signature (or it may even be the plan all along) i stopped listening to what he says!
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--signature space for rent; sent PM--
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amacar2
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September 27, 2016, 03:35:26 PM |
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Gavin statement may not matter much as all know how bitcoin is superior over centralized ethereum which is controlled by ETH foundation and vitalik. Ethereum never gonna overtake/replace bitcoin in any few future for sure and whatever he says will not change this truth.
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BitcoinNational
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September 27, 2016, 03:42:02 PM |
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This guy got greedy & sleazy. I think he demanded council position on the City of Cambridge too. Stupid he is not. Sleazy ... like EZe:) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F3.bp.blogspot.com%2F_KzhwkZF0Z18%2FSula5JfnkpI%2FAAAAAAAAAFs%2FRfnrOi0kBpQ%2FS1600-R%2F0500_eazy_e_a.jpg&t=665&c=DqYh8oeWTiqJdw) SoX it!
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bbc.reporter
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September 28, 2016, 03:39:09 AM |
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Gavin believes a lot of things.
He believed a con-man was satoshi.
He believed that Mike Hearn was a trustworthy contributor.
And now he believes some garbage about Ethereum.
I'll give him A's for being consistent, at least.... what a joke.
Gavin is loosing it. He is too emotionally attached in bringing bitcoin core down and that is affecting his judgement. He is now being viewed by the community and his peers as a joke and his real motive is now showing.
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Herbert2020
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September 28, 2016, 06:11:18 AM |
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Gavin believes a lot of things.
He believed a con-man was satoshi.
He believed that Mike Hearn was a trustworthy contributor.
And now he believes some garbage about Ethereum.
I'll give him A's for being consistent, at least.... what a joke.
Gavin is loosing it. He is too emotionally attached in bringing bitcoin core down and that is affecting his judgement. He is now being viewed by the community and his peers as a joke and his real motive is now showing. i seriously doubt these two. especially about him backing ethereum. my guess is that he was paid to say these things and support Ethereum and we know that ethereum foundation does anything to pump the price and they have nearly unlimited funds to do that from all the pump and dumps they have done from the start with all their premined coins.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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TraderETH
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 28, 2016, 06:25:53 AM |
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In my opinion it is still prediction and it is become true or false and depend on comunity of bitcoin, are they will move to ETH or stay in bitcoin and don't forget because of the DAO coin, ETH become hard fork coin.
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dadon
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September 28, 2016, 06:35:24 AM |
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Gavin andressen's opinion don't mean nothing... the people will decide what we want not you...your a shill gavin just like rodger ver...satoshi and btc hate you and told me to tell you ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif)
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dreamhouse
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September 28, 2016, 06:40:53 AM |
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ETH, lmao. Replacing bitcoin is every altcoin's dream, Litecoin, Ripple, Nxt, then more fun with Doge, Black etc, then ETH and all these Dapps, lol, dream is going on, but only a dream. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Spoetnik
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September 28, 2016, 07:52:18 AM |
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It's nice to see the replies here so far.. Take it all in and make your own opinions. look at the facts. That guys history + the claim about Ethereum.. Who the hell here thinks Ethereum will be taking over for Bitcoin ? I think 2 guys think that.. named minecache and mining1 ( Butters & Gavy) LOL ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The rest of us are just being realistic.
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FUD first & ask questions later™
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jacafbiz
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September 28, 2016, 08:12:59 AM |
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I don't know the impact of number of nodes on a network, but if Gavin based is opinion on Ethereum having more nodes than Bitcoin I don't think the fundamentals is solid enough, unless it is a personal attack on the Bitcoin core developers for dethroning and reducing his influence
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talkbitcoin
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All I know is that I know nothing.
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September 28, 2016, 11:05:12 AM |
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It's nice to see the replies here so far.. Take it all in and make your own opinions. look at the facts. That guys history + the claim about Ethereum.. Who the hell here thinks Ethereum will be taking over for Bitcoin ? I think 2 guys think that.. named minecache and mining1 ( Butters & Gavy) LOL ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The rest of us are just being realistic. exactly this. every altcoin out there thinks they are the next big thing that will replace bitcoin and i don't know why they all want to "replace" bitcoin ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) besides ETH is a centralized altcoin with a huge amount of premine. i mean i can easily be that famous 1 in a million persion (21 BTC) with bitcoin but with ethereum if i want to be the 1 in a million i have to buy all the coins that have became available to the public and i don't think it is enough since they still would have a lot of coins.
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gentlemand
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September 28, 2016, 11:09:38 AM |
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I don't know the impact of number of nodes on a network, but if Gavin based is opinion on Ethereum having more nodes than Bitcoin I don't think the fundamentals is solid enough, unless it is a personal attack on the Bitcoin core developers for dethroning and reducing his influence
It's purely because it's mined with GPUs. If it was still possible to mine Bitcoin with them there'd be thousands more Bitcoin nodes than there are these days.
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Spoetnik
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September 28, 2016, 11:44:46 AM |
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I don't see how Gavin can say that when you look at the entire picture of Ethereum. I'd say there is 0% chance of it happening being as honest and as objective as i can.
I would say ok maybe there is a slim chance or it could compete a little *if* i believed it.. But i don't !
"Fuel Tokens" are by design in no way a capable replacement for Bitcoin. Ethereum is not a real currency. It's a 100% premined ICO APP's / DAPP's digital "fuel token" smart contract scheme of sorts.
I don't say that to argue with anyone so much as i am just shocked someone who should KNOW BETTER is saying such silly ridiculous bullshit publicly.. does he think his name will sway opinions ? why say that ? His saying it will clearly cause a lot of negative opinions so he is not gaining much..
Replace ? It can't ! Not possible.. Bitcoin is a "currency" and Ethereum is NOT !
ETH will be lucky if it can even hold onto it's niche market.
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FUD first & ask questions later™
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