Topic: [ANN] Ethereum: Welcome to the Beginning - page 1261. (Read 2004026 times)

+1

The word "greed" is about as objectively defined as the word "fair", and both are used in attempts to manipulate people by inducing feelings of shame and guilt.

Correct. Tmrw is only the testnet release. As for the fundraising, I'm sure they'll update with info soon.

So... they are not doing fundraising today, but they are releasing a testnet version?

They either weren't ready for logistical reasons and so decided to delay the IPO....or realized that their IPO would come back to haunt them and so are now restructuring it.

...and you just so happen to know the exact reason why the people in this thread that are saying the SEC will get involved use bitcoins...

Mr Shrek became unstuck because he and his company were dealing with FIAT money.
Shrek even admitted in emails that he knew that the guy he was dealing with was exchanging drug money into and out of bitcoin.
he even overruled his partner who was concerned about money laundering and went out of his way to keep the illicit business..
its all in the indictment.

the Ethereum team are NOT involved in any exchange of Fiat currency they are simply building a new technology which may or may not result in a new market for exchange.

there is no way that this could be construed as money laundering unless the intent was clearly to exchange the proceeds of crime from one form of money to another less traceable form.

so legally (as long as their was no criminal intent) the Ethereum guys are in the clear but as we have already seen, that may not stop the banksters and other powers that be from attacking them.

people who are willing to publicly put their name and face to Crypto inventions are taking a very big risk indeed, but in this day and age of a multiplicity of petty scams it is a necessary burden to give the project legitimacy and credibility.

What happened to Mr Shrek should be a warning to everyone... do not assume the authorities aren't watching.. and do not put your greed for money above your legal and moral duty to obey they law.

Mr Shrek, Mr Shavers and Mr Ulbricht were too greedy.. they will pay for their greed.

no doubt others will soon follow...

Can anybody give a summary what happened to the presale?

Read the criminal complain against Shrem. It includes emails that he allegedly sent to BTCKing conspiring to launder money and to purchase drugs on Silk Road. This arrest was not an attack on bitcoin, it was an attack on money laundering/drug dealing. I am a bit troubled by the timing (in New York, the day before the NY hearings)...

The cap should be taken away so the little guy can get in. 30,000 will be hit in 10 min!!!

http://business.time.com/2014/01/27/bitinstant-ceo-charlie-shrem-arrested-for-alleged-money-laundering/

So Charlie Shrem was arrested for laundering money or ...

R u sure that Vitalik / investors won't be arrested?

I stand half way corrected.

http://www.theverge.com/2014/1/31/5364406/bitcoin-miners-investors-not-regulated-fincen-ruling

nothing you say holds merit anymore after you tried to bribe the devs out of money to stop bashing the project. go away


https://bitcointalksearch.org/topic/m.4829119
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"10 BTC and I'll remove my posts even though they are factual and won't make any more. 15 and I will change my tune and promote.

eMunie have already lost hundreds of BTC and were forced to cancel their IPO when I called them out here https://bitcointalksearch.org/topic/scam-alert-emunie-caution-advised-411366

I was going to create a similar thread regarding Ethereum, unless you send the above amounts.

I'd suggest you think long and hard about this. Which would you prefer to lose, 10 BTC or 1000, your choice.

1C7MPUTTWQjinfbRcQtW6HAc4ips7wMuiJ"
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For those interested in discussing the fundraiser structure and give suggestions, there's a great thread on the subreddit right now: http://www.reddit.com/r/ethereum/comments/1wksgq/lets_help_come_up_with_a_better_fundraising_model/


Note that the team is going to open a QA thread very soon on bitcointalk. Should help with making sense of things, as this ANN thread as been derailed more times than I can count.

http://www.cutimes.com/2013/08/09/judges-ruling-bitcoin-is-real-money

Except.  It won't work.  

No one is giving a DIME to Ethereum.  They are giving bitcoins.  Bitcoins are not a currency.  So normal rules don't apply.  What most people don't realize is that if normal rules DID apply.  All investors would have to make >250K a year and legally prove it.

Do you think the government (assuming they thought this was fraudulent) would love to see a bunch of people lose their bitcoins?  To teach them a lesson about the value of real currency.  And the protection of the SEC vs the wild west of crypto?

I find it highly ironic that the same people who use Bitcoin for philosophical reasons (don't like government involvement in their lives) are happy to run to the government any time they feel they need help or protection.

Seriously? The very same people that argue for deregulation, in favor of Silk Road, against the IRS taxing crypto...are the same people who want to run to the SEC now?

LeoC = Fox and the 10 sour Bitcoins.

Even if you have a valid concern you have been exposed as an extortionist, one will always have to question your motive and bias.  

It also gets away from the monoculture, which I think is awesome if you can do it.

They deliberately chose to develop multiple clients in multiple languages reasoning that a single client could be a point of failure i.e. if only one client was used and it faced problems/bugs in future it would effect everybody. In this scenario its impact would not be so utterly complete.

The idiotic devs still haven't addressed this. Instead opting to dismiss it entirely. This altcoin will go through 100 iterations before it's safe to invest a penny, if ever.