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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 2004018 times)
tempus
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July 29, 2016, 07:21:57 PM
 #9901

- Why should companies trust ETH instead of ETC if ETC will be technically the same as ETH?

- Why shouldn't they use ETC if it's the same as ETH if they can trust ETC more than ETH?

- Why should anybody trust the original team and not the original chain?


I think the idea is that many (perhaps most) of pre-fork ETH bagholders were invested in the DAO thus they will trust ETH (i.e. the chain that bailed them out). This includes ETH devs and many other entities that build stuff around ETH. However as the time goes on and new people enter the scene this might become less important.

Another aspect of the bailout is that it didn't (and couldn't) restore the status quo to what it was before the DAO collapse. ETH exchange rate has dropped significantly and hasn't recovered after the fork, which basically means that the bailout was paid for by everyone and it didn't quite live up to the "law and order" expectations. Again, as the time goes on the futility of the fork might become better understood.

Investors won't decide. Potential users will decide. And if more should decide like Stampery - Ethereum will die, also Investors will los trust.

The price also could be a risk, because Ethereum would lose also credibility if there should be dumping. That's not that much of a risk for ETC because it's more expected: It still involves theDAO.

And if the price should go up again, it wouldn't mean anything. I would believe it's manipulated, because I always believed that it was and is (at least backed). But potential users won't say "wow, nice price, let's use Ethereum". They have to consider more.
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redsn0w
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July 29, 2016, 07:39:26 PM
 #9902

Are you serious?




https://forum.ethereum.org/discussion/8679/51-attack-pool-against-etc/p1
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July 29, 2016, 07:46:21 PM
 #9903


"Once we did it, it would ruin the credibility of their coin."


It's naive. Because it would also ruin more credibility of Ethereum.

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July 29, 2016, 08:30:14 PM
 #9904

Classic is not Ethereum because of:
a) Ether holders voted decidedly for the hard fork (and, by proxy, against Classic). True, only about 5.5% of the total supply of ether was used to vote, but that is no reason to deem the it invalid because the vote was well advertised and anyone who wanted to vote did so. For instance, I did not participate because the side I was supporting had already been winning by a huge margin.
b) Miners voted in support of the hard fork, e.g. https://dwarfpool.com/eth/voting. Again, low turnout does not mean inconsequential results for the same reasons as in point a)
c.i) The Foundation has recently announced that they will be supporting the non-Classic chain
Seeing the results of various metrics, including carbonvote, dapp and ecosystem infrastructure adoption, this means that we will focus our resources and attention on the chain which is now called ETH (ie. the fork chain)
c.ii) Ethcore (disclaimer: I actually work with these guys) has been pro-fork from the start and that position still has not changed, even despite Gavin’s recent, either misexpressed or largely misunderstood, tweet

c.iii) DApps, blockchain explorers and toolkit devs are sticking to the forked (ETH) chain as well, e.g.

At least one pool's users voted against the Bailout Edition, yet were overruled.

Something about superdelegates.   Huh

The rushed, stage-managed pro-Bailout "election" was as crooked as the Democrat primary.

Even worse, the Bailout referendum was held suddenly while at least Hillary gave Bernie voters plenty of notice in advance.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
madmartyk
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July 29, 2016, 08:40:18 PM
 #9905

Classic is not Ethereum because of:
a) Ether holders voted decidedly for the hard fork (and, by proxy, against Classic). True, only about 5.5% of the total supply of ether was used to vote, but that is no reason to deem the it invalid because the vote was well advertised and anyone who wanted to vote did so. For instance, I did not participate because the side I was supporting had already been winning by a huge margin.
b) Miners voted in support of the hard fork, e.g. https://dwarfpool.com/eth/voting. Again, low turnout does not mean inconsequential results for the same reasons as in point a)
c.i) The Foundation has recently announced that they will be supporting the non-Classic chain
Seeing the results of various metrics, including carbonvote, dapp and ecosystem infrastructure adoption, this means that we will focus our resources and attention on the chain which is now called ETH (ie. the fork chain)
c.ii) Ethcore (disclaimer: I actually work with these guys) has been pro-fork from the start and that position still has not changed, even despite Gavin’s recent, either misexpressed or largely misunderstood, tweet

c.iii) DApps, blockchain explorers and toolkit devs are sticking to the forked (ETH) chain as well, e.g.

At least one pool's users voted against the Bailout Edition, yet were overruled.

Something about superdelegates.   Huh

The rushed, stage-managed pro-Bailout "election" was as crooked as the Democrat primary.

Even worse, the Bailout referendum was held suddenly while at least Hillary gave Bernie voters plenty of notice in advance.

I wonder how much hanging chad there was!!  Cheesy

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July 29, 2016, 09:31:41 PM
 #9906

Pretty interesting article from a layman's view of Ethereum.  For those that don't follow, this guy specifically writes about stocks and investments in general.

http://www.stockgumshoe.com/2016/07/palm-beach-issuing-a-strong-buy-recommendation-for-the-next-bitcoin/

Grow the Dividend Snek! (pm me if you have questions)
https://powh.io/?masternode=0x1f9b145fdaef2b82aef29c2f3c9b875a8b017512
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July 29, 2016, 11:50:21 PM
 #9907



Make Ethereum Great Again
by Donald J. Trump

We have decided to launch legal action against the Ethereum foundation and the Slock.it development team. Please join us if you feel you have been effected in any way through the actions of the Ethereum foundation or Slock.it.
[...]
The theft of a USD $1billion dollar blockchain with trading assets, copyright material, websites, logos, github, development funds and employees was switched with fraudulent software. The Exchanges are now operating orderbooks with cloned software belonging to the original Blockchain. We seek to reinstate new leaders of the foundation and reclaim our $1B USD in assets.
[...]
UPDATE 29 July 2016: The Ethereum Foundation maliciously coded bugs into the hardfork update resulting in the theft of customer assets from 2 major exchanges Coinbase and BTCe.
[...]
Slock.it is a registered company in Germany - HRB 30026 - VATID DE303959655.


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July 30, 2016, 12:36:35 AM
 #9908



Make Ethereum Great Again
by Donald J. Trump

We have decided to launch legal action against the Ethereum foundation and the Slock.it development team. Please join us if you feel you have been effected in any way through the actions of the Ethereum foundation or Slock.it.
[...]
The theft of a USD $1billion dollar blockchain with trading assets, copyright material, websites, logos, github, development funds and employees was switched with fraudulent software. The Exchanges are now operating orderbooks with cloned software belonging to the original Blockchain. We seek to reinstate new leaders of the foundation and reclaim our $1B USD in assets.
[...]
UPDATE 29 July 2016: The Ethereum Foundation maliciously coded bugs into the hardfork update resulting in the theft of customer assets from 2 major exchanges Coinbase and BTCe.
[...]
Slock.it is a registered company in Germany - HRB 30026 - VATID DE303959655.



lols aaaalllllrighty then  Cheesy  , go on guys donate  Cheesy Cheesy

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 30, 2016, 12:40:48 AM
 #9909

https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 30, 2016, 12:54:46 AM
 #9910

https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue


Why should ETH-traders don't like/trust Polo? In my opinion it's by far the best exchange.
seedtrue
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July 30, 2016, 12:57:56 AM
 #9911

https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue


Maybe they are just slowly moving the coins to a different key.
suchmoon
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July 30, 2016, 12:58:57 AM
Last edit: November 29, 2020, 01:24:34 AM by suchmoon
 #9912

https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue


Right. Because it would be impossible to imagine that Poloniex perhaps moved their coins to another wallet after the fork. And all those orders are fake. And there is some secret exchange that everybody moved to. Sounds totally legit.

Loading...
Edited 2020-11-29 to fix a broken image

Loading...
Edited 2020-11-29 to fix a broken image
Mrpumperitis
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July 30, 2016, 01:05:27 AM
 #9913

https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue


Right. Because it would be impossible to imagine that Poloniex perhaps moved their coins to another wallet after the fork. And all those orders are fake. And there is some secret exchange that everybody moved to. Sounds totally legit.


lol, there are many bigger exchanges than polo for ETH and yes there is also secret exchanges...ETH has a few decentralized exchanges thanks to the Ethereum network making it possible  Tongue

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 30, 2016, 01:11:02 AM
 #9914

https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue


Right. Because it would be impossible to imagine that Poloniex perhaps moved their coins to another wallet after the fork. And all those orders are fake. And there is some secret exchange that everybody moved to. Sounds totally legit.


lol, there are many bigger exchanges than polo for ETH and yes there is also secret exchanges...ETH has a few decentralized exchanges thanks to the Ethereum network making it possible  Tongue

Name one exchange that has higher ETH/BTC volume than Poloniex.
Mrpumperitis
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July 30, 2016, 01:18:44 AM
 #9915

https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue


Right. Because it would be impossible to imagine that Poloniex perhaps moved their coins to another wallet after the fork. And all those orders are fake. And there is some secret exchange that everybody moved to. Sounds totally legit.


lol, there are many bigger exchanges than polo for ETH and yes there is also secret exchanges...ETH has a few decentralized exchanges thanks to the Ethereum network making it possible  Tongue

Name one exchange that has higher ETH/BTC volume than Poloniex.
read again....are you saying polo is the biggest exchange out there?

anyways why are all you etc bagholders feel the need to comment on everything ETH related...no where did i mention my other coin ( free etc..what a great deal )

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 30, 2016, 01:27:18 AM
 #9916

https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue


Right. Because it would be impossible to imagine that Poloniex perhaps moved their coins to another wallet after the fork. And all those orders are fake. And there is some secret exchange that everybody moved to. Sounds totally legit.


lol, there are many bigger exchanges than polo for ETH and yes there is also secret exchanges...ETH has a few decentralized exchanges thanks to the Ethereum network making it possible  Tongue

Name one exchange that has higher ETH/BTC volume than Poloniex.
read again....are you saying polo is the biggest exchange out there?

anyways why are all you etc bagholders feel the need to comment on everything ETH related...no where did i mention my other coin ( free etc..what a great deal )

I'm not an ETC bagholder and it is my hobby to call you out on your increasingly dumb lies. I think I'm doing ETH a favor since you're masquerading as an ETH supporter and I guess we wouldn't want anyone to think that such an imbecile is in any way representative of ETH supporters in general.
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July 30, 2016, 01:28:58 AM
 #9917

https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue


Right. Because it would be impossible to imagine that Poloniex perhaps moved their coins to another wallet after the fork. And all those orders are fake. And there is some secret exchange that everybody moved to. Sounds totally legit.


lol, there are many bigger exchanges than polo for ETH and yes there is also secret exchanges...ETH has a few decentralized exchanges thanks to the Ethereum network making it possible  Tongue

Name one exchange that has higher ETH/BTC volume than Poloniex.
read again....are you saying polo is the biggest exchange out there?

anyways why are all you etc bagholders feel the need to comment on everything ETH related...no where did i mention my other coin ( free etc..what a great deal )

I'm not an ETC bagholder and it is my hobby to call you out on your increasingly dumb lies. I think I'm doing ETH a favor since you're masquerading as an ETH supporter and I guess we wouldn't want anyone to think that such an imbecile is in any way representative of ETH supporters in general.
lol of course your an etc bagholder..its nothing to be ashamed of, lol even if you did buy or mine it. Tongue

sad...i feel real sorry for you now Cry gimme yor etc addy ill send u some etc, go out and enjoy yourself...

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 30, 2016, 01:38:46 AM
 #9918

only now i see eth wallet is working also for win 32 .
Why it was about 1 year to fix node problem  Angry
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July 30, 2016, 02:10:12 AM
 #9919

You forgot this?

https://etherscan.io/address/0xb794f5ea0ba39494ce839613fffba74279579268

was 19m 2 days ago


https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue

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July 30, 2016, 02:16:40 AM
 #9920

https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Address  0x32be343b94f860124dc4fee278fdcbd38c102d88

Home Normal AccountsAddress

Overview | Poloniex Wallet
ETH Balance:    52,078.68675456 Ether ($666,607.19)

woa...i checked this 2weeks ago it was $6mill+
then last week it was $3mill+
a few days ago till today it was $1mill+
and now almost half a mill!

guess ETH traders dont like/trust polo anymore....we got better places to buy and trade now  Tongue


Why should ETH-traders don't like/trust Polo? In my opinion it's by far the best exchange.
polo is best place , but now they add etc , and we dont know what can be tomorrow
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