Shit just got real

[Spoetnik]

So ethereum has more transactions than bitcoin ( probably atleast 50% times more, if you include the tokens that aren't taken into account ), more volume, and i've sent a transaction that got first confirmation in ~15seconds.

Bitcoin is a currency and it's used as such.

Ethereum is an ICO "fuel Token" platform where guys created more coins to run more schemes for profit.

You are comparing a fraudulent accounting scheme.
What we see with ETH is like the movie Inception.. a scammy ICO within an ICO for profits.
ICO INCEPTION SCAMMYNESS !

So your numbers are a swirling tornado of bullshit.

It's like saying Sharknado was a better movie than "The Shining" because it was watched more.

You are posting deceitful bullshit with fraudulent numbers.
You ETH scammers are simply exploiting the position you are in and the crowd showing up.
You fought the other guys with manipulation to make sure you were in the no. 2 spot.
Once that is achieved you can then kick back and let the lemmings piling in "use" your coin.
..for profits.
The reality is they all would have used any coin ranked as no. 2 on Coinmarketcap.

The crowd simply roll in here and start buying what ever is in the #2 slot cap wise.
Whether it's a scammy launched rigged centralized failed APP's gimmick ICO scheme coin is of no concern to them.. because ?
It went up in price and it's ranked no. 2.

Which is why a guy named Charles would capitalize on the name of it too.
It's all exploitation.. like you are doing here counting inception ICO stats in your main stats.
It's all a deceptive bullshit charade of lies and crap to sucker in idiots to inflate your bullshit scam coin so you can get...

BITCOIN.

..and then bad mouth the shit out of it of course 

Ethereum =  the scammy ICO "Sharknado" of crypto.

[mining1]

@lizardbtc i see you're a bitcoin maximalist, but you're also not very bright. ETH's real data is about ~10GB and the chain will be pruned 100 % securely. Bitcoin can't do this.

@shyliar i didn't say LN doesn't work. I said it's not fully working / not properly tested. And it's not me who says this, but btc devs. Also LN can't help in most cases because opening a channel is expensive, so only businesses will. Those who implemented LN already did it for the hype value without fully testing.

@sparta_k he is not just smart, you're like a chimp next to him. You make claims you have no ideea if they're true, yet you make them. Most of these wannabe projects that put him as an advisor never talked to him or best case scenario he answers few questions to help them with advices etc. Not really "official" advisor as people would expect, aka working on the project more or less.

Lol, you're salty because he made millions. Why wouldn't he ? He deserves it. He made ethereum work, so far. Not fully working because it still needs scaling, but working. He has done something that other "geniuses" only talked about, in theory.

Now you're proving your ignorance again. Do you have any ideea the rate at which startups fail ? It's ~90%. Expecting 100% from the ethereum startups because you're a "perfectionist" in expectations ( from others ) makes you look silly at best.

I'm a realist and very rational, and i expect most startups in ethereum to fail, as it is normal with any other startup in real world. But there will be very cool ones, and there are about ~10 or more extremely promising and useful.

[lizardbtc]

@lizardbtc i see you're a bitcoin maximalist, but you're also not very bright. ETH's real data is about ~10GB and the chain will be pruned 100 % securely. Bitcoin can't do this.

@shyliar i didn't say LN doesn't work. I said it's not fully working / not properly tested. And it's not me who says this, but btc devs. Also LN can't help in most cases because opening a channel is expensive, so only businesses will. Those who implemented LN already did it for the hype value without fully testing.

@sparta_k he is not just smart, you're like a chimp next to him. You make claims you have no ideea if they're true, yet you make them. Most of these wannabe projects that put him as an advisor never talked to him or best case scenario he answers few questions to help them with advices etc. Not really "official" advisor as people would expect, aka working on the project more or less.

Lol, you're salty because he made millions. Why wouldn't he ? He deserves it. He made ethereum work, so far. Not fully working because it still needs scaling, but working. He has done something that other "geniuses" only talked about, in theory.

Now you're proving your ignorance again. Do you have any ideea the rate at which startups fail ? It's ~90%. Expecting 100% from the ethereum startups because you're a "perfectionist" in expectations ( from others ) makes you look silly at best.

I'm a realist and very rational, and i expect most startups in ethereum to fail, as it is normal with any other startup in real world. But there will be very cool ones, and there are about ~10 or more extremely promising and useful.

haha well I learned a lot about bitcoin, I don't say that ETH is bad tho... just I do have lack of knowledge there (I know some things about ETH but prob not enough). Thats why there is this thread to confront each others opinions and to understand each other rationally and hopefully that we all learn something out of this. Mostly I just care for the use case not which coin I will be using in the future, thats why some alts even started to be "better bitcoin" which makes a competition within crypto currency. Which one will have the best features and the one that wins stays long in the game, thats how it is the best to develop something when you have competition when you have something that will motivate you to work more and to develop or "steal" ideas.

However I was reading that ETH blockchain is larger than bitcoin one or I found false statement somewhere?

[Minecache]

Comparing Ethereum with Bitcoin only proves you're not getting it...

For once Spartak_nt is correct: ETH is top dog.

[buenav]

Its quite a milestone when bitcoin loses its dominance to a single altcoin where just a few weeks ago we were talking about bitcoin vs the entire market.

[Spoetnik]

Comparing Ethereum with Bitcoin only proves you're not getting it...

For once Spartak_nt is correct: ETH is top dog.

One is a digital currency and the other is a scammy rigged unfairly launched ICO scheme for profits where the dev dumped on the public unlike Satoshi.

Want to compare to Bitcoin ?
No fucking problem.. lets do it fraudcache.

By the way.. welcome back LOL
The two of you are back together again eh ?

All i know is..
I came to support a currency.. not profits off APP's platform gimmick ICO fuel-tokens for profits.
I would not support any ICO let alone one with such a checkered past of drama / scammyness.
ETH has had an air of deceit and fraud surrounding it since day 1.

It doesn't scale ?
I'd be more worried about it being a complicated and convoluted insecure gimmick platform destined to fail catastrophically... like when the DAO hacker raped Ethereum.

Then we have the actions of the crew behind it.
They bought all the coins up on launch day in 100 BTC chunks.
Then had a huge list of strangers mentioned in the about page getting printed free coins as "employees"
Then we seen a strange thing going on with Coindesk who took to spamming on about it non stop just before it was going to launch.

Then we have the market manipulators and hype spam crew team that were hired to spam about it.
Funny how there was a year where a wall was set at $12 basically eh ?

Ethereum is the realization of Bitcoin rich guys colluding with big money to launch a scheme for profits.
Look at the players behind it and their checkered scammy past.

I have never owned an ETH "fuel token" nor would i.. i don't support scams.
I just hope US 3 letter agencies are coming after you like they did with Ripple.

All we ever see is a few noob accounts show up here and post lies and fraud about ETH to lure in kids with lunch money.
Big Banks ? ANON ? IBM ? Putin ? Microsoft ? ..the list goes on and on.
You frauds will come here and say anything to sucker naive brats into the scam pyramid APP's scheme.

[bohr]

According to http://www.flippening.watch/ , ethereum surpassed bitcoin in volume, mining reward ( aka most secure chain by hashrate ) and nodes, having 4 times more. To be noted that even though ethereum has 92% of bitcoin's transactions, technically it has MUCH more because tokens that work on it aren't taken into consideration.

Which means, today, ethereum surpassed bitcoin by any metric, except for the market cap. Some of you listened to trolls and thought ethereum is a scam, some of you saw past that.

And now ethereum is very close in market cap to bitcoin now it is at a distance of 9 billions but some days ago it was closer, it seems it is just a matter of time before Ethereum will surpass bitcoin in that category as well.

[spartak_t]

@sparta_k he is not just smart, you're like a chimp next to him. You make claims you have no ideea if they're true, yet you make them. Most of these wannabe projects that put him as an advisor never talked to him or best case scenario he answers few questions to help them with advices etc. Not really "official" advisor as people would expect, aka working on the project more or less.

Lol, you're salty because he made millions. Why wouldn't he ? He deserves it. He made ethereum work, so far. Not fully working because it still needs scaling, but working. He has done something that other "geniuses" only talked about, in theory.

Now you're proving your ignorance again. Do you have any ideea the rate at which startups fail ? It's ~90%. Expecting 100% from the ethereum startups because you're a "perfectionist" in expectations ( from others ) makes you look silly at best.

"Attacking" me on a personal level doesn't work and I already proved this. I may be like a chimp next to him, but I have my fair share in this world and I'm happy with it.

He should make billions, not millions, but you are again missing some important things, which were implied. No worries though, you will understand them one day when you finish Elementary school and you become a bit older (but not smarter... this is mission impossible).

I do have some slight idea as I was one of the first cable Internet providers in Bulgaria, when I was 22 years old + I had some other business ventures in my life. And what did you do? You've read 105 threads in this forum and become an expert on how do startups work?  

[Spoetnik]

The OP here is shady.
Those two mining guys are possibly the same person if not in the same room together etc.
I posted a picture here before of Butters and his buddies on laptops in the same room.
Not sure though because they go to great lengths to hide all personal info.
Then attack others over theirs !

But what bugs me about those two and a couple other accounts used during the great hype campaign is they are deliberately deceitful and predatory with what they post.

These horrendous shills have not been trying to be fair or honest etc.
They arrange these "News" stories with a dishonest slant.

I do not respect predators here preying on the vulnerable.

And they clearly attacked Spartak lots about his looks because they are threatened.
Shady and childish tactics.. like their so called "News".

The SEC put out a PDF and an official alert warning because of frauds like this guy.
I found it / posted it pretty much the day it was issued here on the forum..

https://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf

ETH = SCAM

[mining1]

However I was reading that ETH blockchain is larger than bitcoin one or I found false statement somewhere?

It's slightly bigger for now (i think, not sure). Keep in mind that ethereum is processing much more tx/s than bitcoin. What you're seeing on statistics sites like http://www.flippening.watch/ where ethereum even had 110% of bitcoin's tr, well they do NOT take into consideration the tokens transacted on top of it. And there are ~50 crypto tokens built on top of ethereum that have their own transactions. Which means ethereum probably is processing easily ~50% more tx/s than bitcoin, onchain.

Also, the size is a not a problem. If you resync you get a pruned version which is 20gb. And the actual data is 10GB ( the rest has something to do with nodes, i am not technical ). According to vitalik, ethereum chain can be pruned safely without compromising security. Different tech than bitcoin. This is why ethereum will have a light client where one merkle branch can verify the state.

[shyliar]

Haha, actually, eths price is just pushed because of too many ICOs on eth. Of course they will hold the funds on eth, but just think of this, one problem that occurs, for sure they will put it all on fiat creating a big crash. Not worth it now to invest on eth I think, better for the price to be corrected first before doing so.

The first ICO to cash in wins. Self interest and human nature kinda makes it inevitable. The fact is that it would be foolish to not cash in before the next guy does.

Even the Ethereum Foundation has sold about 30 percent of their holdings in the past few months (see link). What ICO wouldn't follow their example. Summer vacations are going to be excellent this year.

https://etherchain.org/account/0xde0b295669a9fd93d5f28d9ec85e40f4cb697bae#txsent

[USBitcoinServices.Com]

How about ETC? When it will be like ETH? I guess within 2 years?

[Sevvero]

The OP here is shady.
Those two mining guys are possibly the same person if not in the same room together etc.
I posted a picture here before of Butters and his buddies on laptops in the same room.
Not sure though because they go to great lengths to hide all personal info.
Then attack others over theirs !

But what bugs me about those two and a couple other accounts used during the great hype campaign is they are deliberately deceitful and predatory with what they post.

These horrendous shills have not been trying to be fair or honest etc.
They arrange these "News" stories with a dishonest slant.

I do not respect predators here preying on the vulnerable.

And they clearly attacked Spartak lots about his looks because they are threatened.
Shady and childish tactics.. like their so called "News".

The SEC put out a PDF and an official alert warning because of frauds like this guy.
I found it / posted it pretty much the day it was issued here on the forum..

https://www.sec.gov/investor/alerts/ia_virtualcurrencies.pdf

ETH = SCAM

Explain in detail how ETH is a scam.

Everyone cal say SCAM, prove it.

[mining1]

Nice try, they warn about scammers that joined / will join this new ecosystem as a whole.

[Spoetnik]

Nice try with your bullshit news counting pointless ICO coins on top of another pointless ICO coin.
It's ICO faggotry inception.  

Oh and a pyramid scheme is an "ecosystem" too fraudboy..

I've never heard of any either by the way so i guess they are great huh ..all 50 of them.

Oh and i hope the others copy your scam news angle too like they did with the Azure bullshit.
..as i predicted Stoat

I predict once again the other gimmick platform coins such as cryptonote or what ever will copy this "news"

You're a fraud and ETH is scammy.

Hey bro.. i hear you like ICO PONZI's
So i put an ICO Ponzi in your ICO PONZI !  

[Spoetnik]

Shit just got real ?

Look at the prices of ALL coins on the cap..
All of them are inflated and bloated beyond comprehension.
This shit is seriously messed up fucking shit big time !

None of these "coins" should be priced at where they are.. except maybe BTC/LTC.

What is going on is sheer lunacy.
Shit got real ?
Uhh no shit got UNREAL !

This crap is a joke.

[eagle10]

Comparing Ethereum with Bitcoin only proves you're not getting it...

For once Spartak_nt is correct: ETH is top dog.

Top or tough dog to beat.. whatever ETH is going miles away already..

[eagle10]

Nice try, they warn about scammers that joined / will join this new ecosystem as a whole.

Maybe they are haters!!

[Minecache]

Shit just got real ?

Look at the prices of ALL coins on the cap..
All of them are inflated and bloated beyond comprehension.
This shit is seriously messed up fucking shit big time !

None of these "coins" should be priced at where they are.. except maybe BTC/LTC.

What is going on is sheer lunacy.
Shit got real ?
Uhh no shit got UNREAL !

This crap is a joke.

You and haircut 100 Spartak_nt should apologise immediately for your outright lies and FUD spreading over ETH. You have lost each single poster who believed your shit $100,000 and a mortgage free life, if not a decent quantifiable quota of hookers and blow.

Everyone now knows what disgusting characters you both are.

[Samarkand]

Shit just got real ?

Look at the prices of ALL coins on the cap..
All of them are inflated and bloated beyond comprehension.
This shit is seriously messed up fucking shit big time !

None of these "coins" should be priced at where they are.. except maybe BTC/LTC.

What is going on is sheer lunacy.
Shit got real ?
Uhh no shit got UNREAL !

This crap is a joke.

You are right!

A rising tide lifts all boats