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Ucy (OP)
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June 19, 2017, 10:35:28 AM |
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I've read couple of posts by people saying that Ethereum is a centralised cryptocurrency. Wondering if this is true and how likely it will be hijacked in the future by few people, countries or companies. I noticed that Dictators and Main Stream Media love the creator of Ethereum.
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ðºÞæ
Sr. Member
 Offline
Activity: 1176
Merit: 297
Bitcoin © Maximalist
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June 19, 2017, 11:13:28 AM |
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Nothing to worry about the unlimited Etherium. 85% of current ETH are in the hands of some whacky Russian dude.  |
"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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ranreichman
Full Member
Offline
Activity: 140
Merit: 100
Snip CEO
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June 19, 2017, 11:33:50 AM |
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Nothing to worry about the unlimited Etherium. 85% of current ETH are in the hands of some whacky Russian dude. Vitalik has too much influence on Ethereum but saying that he has most of the coins is simply not true. BTW, if that were true then he'd be a massive billionaire. Hopefully, he'll let go of control over time (he said he plans to). |
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ðºÞæ
Sr. Member
Offline
Activity: 1176
Merit: 297
Bitcoin © Maximalist
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June 19, 2017, 11:40:46 AM |
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Nothing to worry about the unlimited Etherium. 85% of current ETH are in the hands of some whacky Russian dude. Vitalik has too much influence on Ethereum but saying that he has most of the coins is simply not true. BTW, if that were true then he'd be a massive billionaire. Hopefully, he'll let go of control over time (he said he plans to). You mean he handed over his loot (willing or unwillingly) to the Cabal already. |
"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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olubams
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June 19, 2017, 12:13:31 PM |
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Nothing to worry about the unlimited Etherium. 85% of current ETH are in the hands of some whacky Russian dude. Vitalik has too much influence on Ethereum but saying that he has most of the coins is simply not true. BTW, if that were true then he'd be a massive billionaire. Hopefully, he'll let go of control over time (he said he plans to). There is no way to know if he has such amount of coins because he didn't come out to announce to everyone that he has such amount, But truth be said if anyone could even own 20% of the amount of coins as successful as ETH in this current time, then its a lot of influence which can be swerve to any where he feels. Lets just hope he uses the influence well or else, I doubt the survival of ETH in the long term. |
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Netnox
Legendary
Offline
Activity: 2044
Merit: 1008
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June 19, 2017, 03:38:51 PM |
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Nothing to worry about the unlimited Etherium. 85% of current ETH are in the hands of some whacky Russian dude.
That guy looks creepy. Looks like he has HIV. I have a lot of respect for Vitalik Buterin. But he comes no way near Satoshi Nakamoto (I wish I could rather use his real name). Satoshi was not interested in profiting out of the crypto-currency and he chose to never use the coins in his wallet. While Vitalik sold a lot of his coins when the prices went up. |
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25hashcoin
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June 19, 2017, 04:17:25 PM |
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Centralized, mutable, and 70 million premine. Eth is a scam.
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Bitcoin - Peer to Peer Electronic CASH
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bit247
Member
Offline
Activity: 123
Merit: 10
bitcoin.org
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December 26, 2017, 02:55:02 AM |
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Nothing to worry about the unlimited Etherium. 85% of current ETH are in the hands of some whacky Russian dude. I thought its only 75%, its nice to know that its actually 85% lol |
BTCitcoin: 35DtMsEK1g1xVMKh4V7beAyguiU9qcHwtF || ETH: Hacked 
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bit247
Member
Offline
Activity: 123
Merit: 10
bitcoin.org
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December 26, 2017, 02:57:19 AM |
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Nothing to worry about the unlimited Etherium. 85% of current ETH are in the hands of some whacky Russian dude. Vitalik has too much influence on Ethereum but saying that he has most of the coins is simply not true. BTW, if that were true then he'd be a massive billionaire. Hopefully, he'll let go of control over time (he said he plans to). why don't you study more about how Ethereum was started, he has even openly posted he had purchased more ETC before he HF it |
BTCitcoin: 35DtMsEK1g1xVMKh4V7beAyguiU9qcHwtF || ETH: Hacked
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KingScorpio
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December 26, 2017, 03:31:28 AM |
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Nothing to worry about the unlimited Etherium. 85% of current ETH are in the hands of some whacky Russian dude. Vitalik has too much influence on Ethereum but saying that he has most of the coins is simply not true. BTW, if that were true then he'd be a massive billionaire. Hopefully, he'll let go of control over time (he said he plans to). are you sure you want that, better 1 head that is fed up and fat rich than greed lower bases of the ethereum pyramid, i told you multiple times that other encription plattforms are great too but you were ethereum fixed |
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KingScorpio
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December 26, 2017, 03:35:22 AM |
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Nothing to worry about the unlimited Etherium. 85% of current ETH are in the hands of some whacky Russian dude.
That guy looks creepy. Looks like he has HIV. I have a lot of respect for Vitalik Buterin. But he comes no way near Satoshi Nakamoto (I wish I could rather use his real name). Satoshi was not interested in profiting out of the crypto-currency and he chose to never use the coins in his wallet. While Vitalik sold a lot of his coins when the prices went up. satoshi stays anonymous, bitcoin is a pyramid like ethereum with 1000 people owning 50% of all bitcoins, buterin wanted initially to make ethereum unlimited, because he wanted a blockchain plattform that works, i dont care about you folks anymore, you all are just fixed on mass media, appearences, there are alternative encription plattforms now (waves) and making their founders rich will also bring you your crazed up "smart contracts" or "smart transactions" everything is a question of money or trust (money and trust is basically the same) regards |
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bit247
Member
Offline
Activity: 123
Merit: 10
bitcoin.org
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December 26, 2017, 04:11:10 AM |
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all of this things are just bitcoin copy, and ina long-run they are useless
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BTCitcoin: 35DtMsEK1g1xVMKh4V7beAyguiU9qcHwtF || ETH: Hacked
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asayoyaasa
Copper Member
Full Member
Offline
Activity: 648
Merit: 159
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December 26, 2017, 04:56:44 AM |
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when it go full PoS at that time you should worries, cause at that time a whale who hold a bunch of eth will gain more without doing anything
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This is my main account. My alt account for bounty report in the future >> asa crypto info |
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