Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 713. (Read 2007155 times)

legendary
Activity: 1164
Merit: 1010
December 15, 2016, 10:46:01 PM
ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. Vitaly is a criminal.

What is the problem of POS? inflation?

That plus it's the definition of a ponzi. The top holders will get free tokens for life at the expense of new entrants and then constantly dump on new investors.

I don't think you know what a ponzi scheme is, then.

From Wikipedia: A Ponzi scheme (/ˈpɒn.zi/; also a Ponzi game)[1] is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments, in the form of short-term returns that are either abnormally high or unusually consistent.

Given this actual definition of a ponzie scheme, how exactly is PoS implementation on a public blockchain a ponzi, and how does that make "Vitaly a criminal"?

Note: I'm not expecting bitpop to actually be able to answer this.  Rarely, in the face of rational and logical reasoning, has he been able to say anything that amounts to more than just fud.
legendary
Activity: 1092
Merit: 1004
December 15, 2016, 01:54:50 PM
Trolling Ethereum on this ANN makes no sense at all, because for all crypto coins too gain wider usage and acceptance requires a collective community spirit!

The facts are: that nearly all crypto coins go through cycles of high funding versus low funding.

Like economies, they enter recessionary conditions and then return to boom conditions. People, like too forget that all major crypto coins are created with inclusion of a large amount of economic theories.

In 2014 December, Bitcoin was trading on a recessionary cycle downwards towards $150 per coin. Today, it is trading in boom cycle towards $800. Consequently, in a mere 2 year period a huge downward recessionary cycle has change over upwards into a boom.

Ethereum is the 2nd biggest crypto coin and it too has been constructed with lots of economic theories, consequently people should expect the current recessionary cycle to finish and change over the next 24 months.

Turning too the POS: currently there is lot's of Ethereum on exchanges causing downwards speculative buys and sells - the POS value will greatly reduce these quantities as investor move their coins back to wallets for the 0% risk options a POS system.

Generally, any party which engages in investment or business enterprises, which don't include stress testing to survive recessionary conditions, has only themselves to blame!
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
December 15, 2016, 10:22:08 AM
SWARM ALPHA PUBLIC PILOT AND THE BASICS OF SWARM


http://cryptocentral.info/topic/11/ethereum-eth-pow-pos-ethash/13






legendary
Activity: 2912
Merit: 1060
December 15, 2016, 09:13:54 AM
ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. Vitaly is a criminal.

Should forks be justified by the need to eliminate issues in the code, ETC will have them too. vitalik is a weird guy though Im not sure if he personifies a criminal intent. Its not vitaliks coin after all, hes part of a bigger insider machine which has a lot of moving parts.

It's true that he's the public face and unfortunately the fall guy
hero member
Activity: 1150
Merit: 502
December 15, 2016, 09:11:25 AM
ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. Vitaly is a criminal.

Should forks be justified by the need to eliminate issues in the code, ETC will have them too. vitalik is a weird guy though Im not sure if he personifies a criminal intent. Its not vitaliks coin after all, hes part of a bigger insider machine which has a lot of moving parts.
legendary
Activity: 1960
Merit: 1128
December 15, 2016, 09:05:53 AM
In case that here are some skilled Coders - submission deadline is today:





https://streams.lykke.com/Project/ProjectDetails/b134b15b54e745559f26c217bef5a2f8


Edit: There are also other contests running on Lykke Streams. For those who are interested:

New Contest & Collaboration Platform: Lykke Streams
https://bitcointalksearch.org/topic/new-contest-collaboration-platform-lykke-streams-1696092
legendary
Activity: 2912
Merit: 1060
December 15, 2016, 09:03:03 AM
ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. Vitaly is a criminal.

What is the problem of POS? inflation?

That plus it's the definition of a ponzi. The top holders will get free tokens for life at the expense of new entrants and then constantly dump on new investors.
legendary
Activity: 1190
Merit: 1000
December 15, 2016, 08:54:59 AM
ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. Vitaly is a criminal.

What is the problem of POS? inflation?
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
December 15, 2016, 08:29:27 AM

It is weakening it could return to 0.009


legendary
Activity: 2912
Merit: 1060
December 15, 2016, 06:49:01 AM
ETC will have limited supply. Ethf has unlimited token supply, unlimited forks, unlimited inflation and pos will be the final nail in the coffin. Vitaly is a criminal.
full member
Activity: 163
Merit: 100
December 15, 2016, 05:53:15 AM
So, now that everyone knows Vitaly is just an autist; what's the next hype-coin to short? Some more R3 garbage coming?

You're terrible! I think you're reprehensible for coming at him so low.

Vitaly created something that is incredible, ETH is working through some issues right now but it is still a strong coin. If you don'y like the coin don't buy it but you don't have to be a scumbag.
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
December 15, 2016, 05:48:08 AM
US Standards Body Establishes Working Group for Blockchain Tokens


http://www.coindesk.com/standards-body-working-group-blockchain/






legendary
Activity: 1164
Merit: 1010
December 14, 2016, 11:13:39 PM
So, now that everyone knows Vitaly is just an autist; what's the next hype-coin to short? Some more R3 garbage coming?

I can see from your post history that you talk a bunch of shit, but do very little. Must be a sad life... So, what would you do to make improvements? Changes you'd like to suggest to those projects?
full member
Activity: 144
Merit: 100
December 14, 2016, 05:50:49 PM
So, now that everyone knows Vitaly is just an autist; what's the next hype-coin to short? Some more R3 garbage coming?
legendary
Activity: 1092
Merit: 1004
December 14, 2016, 01:03:16 PM
I go the same way, I go slow

It also uses a lot of CPU.

LOL - you only have yourself to blame for this!

People have posted an avalanche of references on this on ANN!

newbie
Activity: 65
Merit: 0
December 14, 2016, 10:49:50 AM
I go the same way, I go slow

It also uses a lot of CPU.
sr. member
Activity: 252
Merit: 250
December 13, 2016, 10:11:27 PM
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sr. member
Activity: 377
Merit: 250
December 13, 2016, 04:41:09 AM
BitBoost presents a true decentralized mixing service codename "Laundromat". Laundromat utilizes ring signatures to unlink sender and recipient of Ether.

To mix your coins simply install MetaMask plugin (https://chrome.google.com/webstore/detail/nkbihfbeogaeaoehlefnkodbefgpgknn) and visit https://laundromat-site.github.io.

More information on https://bitcointalksearch.org/topic/ethmixerlaundromat-decentralized-ethereum-mixer-1711920
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
December 12, 2016, 04:56:53 PM
thanks for the info
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