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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2004013 times)
davidorentol
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July 24, 2016, 09:06:58 PM
 #9461

The fork was a DECENTRALIZED decision as well as a consensus on a new block.

NOTHING was decentralized !!!!!!
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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cohnhead
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July 24, 2016, 09:11:32 PM
 #9462

The fork was a DECENTRALIZED decision as well as a consensus on a new block.

NOTHING was decentralized !!!!!!
consenus decision yes
becoin
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July 24, 2016, 09:12:36 PM
 #9463

There is a possibility that the developers will dump their ETC together with the hacker.
Great news. People that missed Ethereum 2 years ago will now have the opportunity to grab original ethers at great discount.
Soul_eater_123
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July 24, 2016, 09:15:09 PM
 #9464

If anyone wants to discuss it on Steemit:

https://steemit.com/cryptocurrency/@thecryptofiend/the-rise-of-ethereum-classic-a-black-swan-moment
National
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July 24, 2016, 09:16:56 PM
 #9465

We may see a new, second Vitalik arise from this controversy. It could be you:

steemit.com/money/@sensus/the-ethereum-power-void-how-etc-will-grow-and-why-you-could-be-the-next-vitalik-very-short-point
frostminer
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July 24, 2016, 09:17:26 PM
 #9466

There is a possibility that the developers will dump their ETC together with the hacker.
Great news. People that missed Ethereum 2 years ago will now have the opportunity to grab original ethers at great discount.

Great news for ppl wanting to lose money.

Wait for the dump.. then the forks... then more forks.. then a broken blockchain.

But im sure @ bitpop will repay all the lost coins when it happens, right?



R O F L

Fatman3001
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July 24, 2016, 09:29:08 PM
 #9467

if this guy does this will he lose money? if he has his miners run on etc to destroy it ?
who pays him the loss ?
https://www.cryptocoinsnews.com/miners-attack-ethereum-classic-polonixs-listing/



If he sees etc as an attack on his investment I guess he sees it as a business expense.
how is it in his country if he destorys evidence of a crime?
the old chain is the only evidence of the theft crime and if a investigation is started they need the crimesceen, so to say
wiping out the crimesceen is a crime by itself where i live.
and the hardfork didnt eliminate the crime the attacker did( if he did one).
if its a legal crime the cops will come after him

What the h are you talking about?

"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
cohnhead
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July 24, 2016, 09:30:55 PM
 #9468

prices for renting hash are going crazy......reminds me a bit like paycoin
know how that ended
so who is this guy.....Arvicco
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July 24, 2016, 09:33:17 PM
 #9469

There is a possibility that the developers will dump their ETC together with the hacker.
Great news. People that missed Ethereum 2 years ago will now have the opportunity to grab original ethers at great discount.

Great news for ppl wanting to lose money.

Why use money? People can now sell 1 forked ether and buy 14 original ethers. This is excellent opportunity that should not be missed.
sirazimuth
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July 24, 2016, 09:49:29 PM
 #9470

prices for renting hash are going crazy......reminds me a bit like paycoin
know how that ended
so who is this guy.....Arvicco

well yeah, hash renting price is up, like it went up for paycoin. but I'd say the similarity to this situation definitely ends there.

Bitcoin...the future of all monetary transactions...and always will be
notbatman
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July 24, 2016, 09:50:18 PM
 #9471

Can someone give the ELI5 on why the forkers seem to be butthurt about ETC? Isn't that the whole idea of the fork? Two chains and all.

Because ETC is not legit.
Legit
From Wikipedia, the free encyclopedia
Legit is a slang abbreviation of legitimate.

Legitimacy
From Wikipedia, the free encyclopedia
(Redirected from Legitimate)
Legitimacy, from the Latin legitimare meaning "to make lawful"

So, who makes the laws on a smart contract blockchain?




<-- You can read here about the devil who tries to legitimize actions like theft.
cohnhead
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July 24, 2016, 10:00:40 PM
 #9472

prices for renting hash are going crazy......reminds me a bit like paycoin
know how that ended
so who is this guy.....Arvicco

well yeah, hash renting price is up, like it went up for paycoin. but I'd say the similarity to this situation definitely ends there.
definitely....you seem so sure....maybe some other similarities...yes to early to tell....but paycoin is virtually worthless now...just saying
sock54321
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July 24, 2016, 10:26:17 PM
 #9473

There was no consensus for a HF on ETH, otherwise ETC couldn't exist now. The fact it exists proves the pro-forkers were lying about a consensus that did in fact very obviously not exist. ETC is prove that post-fork-ETH is very likely a scam.

How could the old chain exist if you had a "consensus" on a fork? It wouldn't be possible.

People who claim there was consensus for a fork are scammers or very stupid.
Wolf Rainer
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July 24, 2016, 10:54:41 PM
 #9474

You must think about this... ETH can only pump 1.5X, but ETC can pump 15X. So whos the winner? ETC will win this battle.
neolinkhati
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July 24, 2016, 11:04:30 PM
 #9475

You must think about this... ETH can only pump 1.5X, but ETC can pump 15X. So whos the winner? ETC will win this battle.

Surre....but ETC is only clone, clone, clone....
Wolf Rainer
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July 24, 2016, 11:08:59 PM
 #9476

You must think about this... ETH can only pump 1.5X, but ETC can pump 15X. So whos the winner? ETC will win this battle.

Surre....but ETC is only clone, clone, clone....

ETC is the original, ETH is the forked clone...
Soul_eater_123
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July 24, 2016, 11:17:57 PM
 #9477

You must think about this... ETH can only pump 1.5X, but ETC can pump 15X. So whos the winner? ETC will win this battle.

It's certainly a possibility for the exact reason you state.  It all depends on if enough people with enough BTC and mining resources see ETC as the money maker in the long term.
Wolf Rainer
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July 24, 2016, 11:21:27 PM
 #9478

You must think about this... ETH can only pump 1.5X, but ETC can pump 15X. So whos the winner? ETC will win this battle.

It's certainly a possibility for the exact reason you state.  It all depends on if enough people with enough BTC and mining resources see ETC as the money maker in the long term.

I see ETH dumping in the next days, not a lot but maybe to the 0.015 levels and ETC getting strong day by day. By now, the worst you can do, is put money on ETH and holding that falling
knife.

sock54321
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July 24, 2016, 11:31:00 PM
 #9479

You must think about this... ETH can only pump 1.5X, but ETC can pump 15X. So whos the winner? ETC will win this battle.

Surre....but ETC is only clone, clone, clone....

Nope, ETH is the clone of ETC
Soul_eater_123
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July 24, 2016, 11:33:02 PM
 #9480

You must think about this... ETH can only pump 1.5X, but ETC can pump 15X. So whos the winner? ETC will win this battle.

Surre....but ETC is only clone, clone, clone....

Nope, ETH is the clone of ETC

Exactly ETC is the original unaltered censorship free ether blockchain.  ETH is now the modified clone.
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