Jateng
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Activity: 1260
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Think Different
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January 04, 2017, 08:46:51 AM |
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Yawn, yawn and yawn. Old news re-written by a Troll LOL It has been known for ages, that the Ethereum Foundation remains well financed for future development work. I think VB has more ETC than the ETC shills. So he might sell these coins first. The Ethereum Foundation has it's own funds, these are the funds are what is discuss in the public domain by the crypto community. So the ETC price rise will benefit the ETH Foundation? dont think so here a link https://twitter.com/eth_classic/status/816459511343017985vitalik said they sold 90% of there ETC in the last 6 month. they also sold 1 mil of there eth and they have now there value in btc they seemed to bet on btc rather then on eth or etc So there is no incentive for VB to support ETC anymore. |
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becoin
Legendary
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Activity: 3431
Merit: 1233
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January 04, 2017, 09:46:52 AM |
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Yawn, yawn and yawn. Old news re-written by a Troll LOL It has been known for ages, that the Ethereum Foundation remains well financed for future development work. I think VB has more ETC than the ETC shills. So he might sell these coins first. The Ethereum Foundation has it's own funds, these are the funds are what is discuss in the public domain by the crypto community. So the ETC price rise will benefit the ETH Foundation? dont think so here a link https://twitter.com/eth_classic/status/816459511343017985vitalik said they sold 90% of there ETC in the last 6 month. they also sold 1 mil of there eth and they have now there value in btc they seemed to bet on btc rather then on eth or etc So there is no incentive for VB to support ETC anymore. ETHC doesn't need VB's support. |
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thevictimofuktyranny
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Activity: 1092
Merit: 1004
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January 04, 2017, 11:51:05 AM |
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Well, as VB has indicated, the Ethereum Foundation remains well funded for future development work.
To such an extent, they've not needed to sell any meaningful amounts of Ethereum on any exchanges for 6 months. Consequently, they still have about 1.1 million Eth.
And, some of the Ethereum Foundations sub-contracts require payments in Bitcoins.
From, what has been indicated, the Ethereum Foundation still has about 130,000 ETC.
But, it appears the ETC were exchanged for Bitcoins.
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thevictimofuktyranny
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Activity: 1092
Merit: 1004
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January 04, 2017, 12:20:00 PM |
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Quirky development, but does make a lot of business sense. A lot of existing businesses operate offering domain names and internet website building services - so potential for a entrepreneur to offer something more permanent via the permanency of the Ethereum blockchain. |
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Triload
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January 04, 2017, 12:28:56 PM |
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So is this the main reason to make etehreum huge pump today? I missed the big pump, I should be all in below 0.008 btc per eth, what a pity |
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Assanger
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Activity: 55
Merit: 1
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January 04, 2017, 01:32:03 PM |
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So is this the main reason to make etehreum huge pump today? I missed the big pump, I should be all in below 0.008 btc per eth, what a pity The price below 0.008 was good buy. |
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Fatov
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January 04, 2017, 01:33:45 PM |
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So is this the main reason to make etehreum huge pump today? I missed the big pump, I should be all in below 0.008 btc per eth, what a pity The price below 0.008 was good buy. Could we see it again? |
Fatov was here▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬For private, fast and secure transactions DASH is King | Dashtalk
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thevictimofuktyranny
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Activity: 1092
Merit: 1004
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January 04, 2017, 01:48:56 PM |
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So is this the main reason to make etehreum huge pump today? I missed the big pump, I should be all in below 0.008 btc per eth, what a pity The price below 0.008 was good buy. Could we see it again? Yes there will be a massive dump soon Well, that reads very much like you have to switch your mining rigs onto the Ethereum Network to get the ETH to do a dump. LOL |
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Tarz
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January 04, 2017, 02:21:16 PM |
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So is this the main reason to make etehreum huge pump today? I missed the big pump, I should be all in below 0.008 btc per eth, what a pity The price below 0.008 was good buy. Could we see it again? Yes there will be a massive dump soon What puzzles me the most is why eth is still trending north while btc is holding at $40 premium over spot on okcoin. Which is maddening $1113 at the time of this writing. |
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Kelarid
Newbie
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Activity: 81
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January 04, 2017, 02:29:32 PM |
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So is this the main reason to make etehreum huge pump today? I missed the big pump, I should be all in below 0.008 btc per eth, what a pity The price below 0.008 was good buy. Could we see it again? Yes there will be a massive dump soon What puzzles me the most is why eth is still trending north while btc is holding at $40 premium over spot on okcoin. Which is maddening $1113 at the time of this writing. The Chinese people want the bitcoin more than the other people. |
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bitpop
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Activity: 2912
Merit: 1060
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January 04, 2017, 07:18:41 PM |
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Sidtamfia
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January 04, 2017, 07:59:29 PM |
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thevictimofuktyranny
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Activity: 1092
Merit: 1004
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January 04, 2017, 08:07:58 PM |
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Ethereum Foundation and VB, has already announced they are scrapping it, when Casper POS is implemented. VB, more or less, implied that Ethereum Network would specialise future development on speed of transactions and retaining it's reputation for being the fastest Top 10 Crypto-currencies. Though, the slowness in block times effect was not expected to be experienced by users until June 2017! |
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Bonzai
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Activity: 350
Merit: 250
Presale Starts on 30th of November
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January 04, 2017, 08:08:25 PM |
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Ethereum hacked ?
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thevictimofuktyranny
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Activity: 1092
Merit: 1004
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January 04, 2017, 08:18:45 PM |
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Ethereum hacked ?
What nonsense are you talking about? Are you talking about Ethereum Foundation, I doubt they'd be hacked, because they are not an intrusive organisation! Therefore, you'd be referring to an exchanges who are required to collect user data - they are pretty secure currently. |
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wallflies
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January 04, 2017, 08:25:14 PM |
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  https://www.ethnews.com/bank-of-russia-establishes-fintech-associationOn December 28, 2016, the Bank of Russia approved the decision to establish an association for Financial Technology Development (Fintech Association). The association will consist of a governing body that includes founding members such as Alfa Bank, VTB Bank, JSC National System of Payment Cards, along with a supervisory board and chief executive officer. How does this effect Ethereum? In October 2016, the Bank of Russia and its largest banks ran a test Ethereum-based prototype for financial messaging called “Masterchain.” The platform provides secure confirmation of customer transactional data, provides banking affiliates with state-of-the-art products and services, and speeds up transaction confirmation times. The adoption of an Ethereum-based, country-wide solution could turn heads in the FinTech industry and assist Ethereum with securing a foothold in Russia and other countries. https://cointelegraph.com/news/s7-airlines-and-alfa-bank-test-blockchain-for-b2b-payment-in-russiaS7 Airlines and Alfa Bank Test Blockchain for B2B Payment in Russia Recently, Alfa Bank has collaborated with S7 Airlines to test an execution of service payment transactions using smart contracts deploying Blockchain technology. Alfa Bank provided the participants of the deal with special facilities through its Alfa-Business Online electronic system. Using this system the customer applies for the opening of the letter of credit, and the contractor then submits all necessary documentation upon finalizing of service delivery to the bank. Once the application for opening the letter of credit has been submitted, funds can be withdrawn from the customer’s account and first transferred to a special transition account and later to the contractor’s account. Key steps of the deal – opening and closing of the letter of credit – have been performed as transactions deploying smart contracts using the Ethereum platform, and were registered in the distributed ledger. Records in the distributed ledger contain a hash of the following information: deal’s identification codes, type of services, and terms and conditions. This allows for all participants of the deal to check its status at any time
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