[ANN] Ethereum: Welcome to the Beginning - page 800.

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: DAOinvestorwantsETC on August 05, 2016, 06:58:15 AM

PETITION CALLING FOR MEMBERS OF THE ETHEREUM FOUNDATION/TEAM AND OTHERS (WHITE HACKERS) TO RETURN ETC TO DAO HOLDERS ADDRESSES.

SEE POST BELOW & SIGN THE PETITION.

https://bitcointalksearch.org/topic/m.15827434

https://www.change.org/p/ethereum-foundation-members-of-ethereum-team-white-hats-to-return-etc-to-dao-holders

If they don't then they are black hats themselves. Personally I would destroy them, tipps to the Grey.

thevictimofuktyranny

legendary

Activity: 1092

Merit: 1004

Quote from: Perryll on August 06, 2016, 04:58:56 PM

Quote from: thevictimofuktyranny on August 06, 2016, 04:39:28 PM

Nobody, has every managed to get a no-bailout policy to work, I don't think anybody is every going to get that policy to work over the long-term.

So, yeah, if you want too gamble on a no-bailout policy that nobody has ever got work, I wish you all the luck in world, because you're going to need it!

Quote from: thevictimofuktyranny on August 06, 2016, 04:39:28 PM

But, when it comes to my money and my time: I prefer too back new innovation and discoveries.

Some of these, may turn out be crap, but I'm certain their going to be winners amongst in that group.

Its not worth touching Old Hat policies, that nobody in human history has ever succeeded with.

Contradict yourself much?

Nobody in human history had succeeded with 3D printing... Until they did. Now everyone is doing it.

Nobody in human history had created a cryptocurrency... Until they did. Now everyone is doing it.

Not sure, what you argument is here?

Not sure how it relates to fork requested by "The DAO"?

Nobody is discussing new technology, just the fork of the blockchain.

thevictimofuktyranny

legendary

Activity: 1092

Merit: 1004

Quote from: iCEBREAKER on August 06, 2016, 05:10:56 PM

Quote from: thevictimofuktyranny on August 06, 2016, 04:08:09 PM

Why has doing bailouts been an accepted practice in every national economy on Earth for many thousands of years?

These are economy's are worth $77.609 trillion (estimation based on 2014 figures).

In fact: find me an economy on Earth, which has a publicly stated policy of never doing a bailout?

Your logical fallacies are:

-appeal to popularity

-argument from incredulity

Do you even realize smart contracts are a New Thing, created (like Bitcoin) in response to 1000s of years of moral hazard and tyranny of the majority?

Not sure, what you argument is here?

Not sure how it relates to fork requested by "The DAO"?

Nobody is discussing crypto currencies at moment, just the fork of the blockchain.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: thevictimofuktyranny on August 06, 2016, 04:08:09 PM

Why has doing bailouts been an accepted practice in every national economy on Earth for many thousands of years?

These are economy's are worth $77.609 trillion (estimation based on 2014 figures).

In fact: find me an economy on Earth, which has a publicly stated policy of never doing a bailout?

Your logical fallacies are:

-appeal to popularity

-argument from incredulity

Do you even realize smart contracts are a New Thing, created (like Bitcoin) in response to 1000s of years of moral hazard and tyranny of the majority?

thevictimofuktyranny

legendary

Activity: 1092

Merit: 1004

In Reply:

Most people who research the subject matter, do not argue about doing bailouts.

They argue about the different bailout strategies.

Obviously, there various types of bailout strategies that are incredibly expensive and offer opportunities to charge extra fees and commissions.

Then, there are alternative bailout strategies that are incredibly cheap to do, but offer no opportunity to charge extra fees and commissions.

The people who want the very expensive bailout strategies (that have fat fees and commissions in them), get people to not consider the cheaper bailout strategies that have (zero fees and commissions) by getting them to advocate an unworkable "Old Hat" policy of zero-bailouts policy.

This allows the expensive bailout strategies to implemented, because nobody takes the idea of a zero-bailout policy seriously.

Perryll

newbie

Activity: 14

Merit: 0

Quote from: thevictimofuktyranny on August 06, 2016, 04:39:28 PM

Nobody, has every managed to get a no-bailout policy to work, I don't think anybody is every going to get that policy to work over the long-term.

So, yeah, if you want too gamble on a no-bailout policy that nobody has ever got work, I wish you all the luck in world, because you're going to need it!

Quote from: thevictimofuktyranny on August 06, 2016, 04:39:28 PM

But, when it comes to my money and my time: I prefer too back new innovation and discoveries.

Some of these, may turn out be crap, but I'm certain their going to be winners amongst in that group.

Its not worth touching Old Hat policies, that nobody in human history has ever succeeded with.

Contradict yourself much?

Nobody in human history had succeeded with 3D printing... Until they did. Now everyone is doing it.

Nobody in human history had created a cryptocurrency... Until they did. Now everyone is doing it.

Perryll

newbie

Activity: 14

Merit: 0

Quote from: thevictimofuktyranny on August 06, 2016, 04:08:09 PM

In Reply:

Why has doing bailouts been an accepted practice in every national economy on Earth for many thousands of years?

http://www.realclearpolitics.com/articles/2008/10/financial_bailout_would_impose.html

http://www.debate.org/opinions/have-government-bailouts-proven-to-be-beneficial-economically

http://www.washingtontimes.com/news/2014/nov/20/editorial-government-bailouts-in-recession-do-more/

http://www.forbes.com/sites/johntamny/2011/03/06/necessary-bank-bailouts-harm-the-economy-wreck-the-banks/#424532db19fe

http://www.bbc.com/news/magazine-15155395

http://www.usnews.com/opinion/economic-intelligence/2013/09/26/study-shows-bank-bailouts-are-an-incentive-to-be-reckless

Yes, the acceptance is universal. The acceptance that bailouts are bad for the economy.

thevictimofuktyranny

legendary

Activity: 1092

Merit: 1004

In Reply:

That is today, roll the clock forward for long enough or backward far enough and you can come to any conclusion you wish.

Let's take Jan 2015 figures:

Bitcoins price $173

It is, worthless, taking a post-block halving price and citing it as indicative of long-term success.

Look at Litecoin, Block Halving price 2015 was $7.

Today, it is trading at $3.76.

When Litecoins has it's next Block Halving in 2019, it will probably be trading $10.

tylerderden

copper member

Activity: 1162

Merit: 1025

Quote from: thevictimofuktyranny on August 06, 2016, 04:39:28 PM

In Reply:

https://www.ethereum.org/

It does state: Ethereum can stop fraud, which it has just done with the fork of the Blockchain.

Theft is standard component in Frauds.

Nobody, has every managed to get a no-bailout policy to work, I don't think anybody is every going to get that policy to work over the long-term.

So, yeah, if you want too gamble on a no-bailout policy that nobody has ever got work, I wish you all the luck in world, because you're going to need it!

But, when it comes to my money and my time: I prefer too back new innovation and discoveries.

Not Old Hat policies, that nobody in human history has ever succeeded with.

Um....bitcoin. Mt goxd no rollback $600 each, huge market cap. The end. I'm out of here, can't converse with people who think they can change history after the fact. Or are just straight up delusional. Or just crypto illiterate. Derp a der help me mama I need a roll back. Yeah lemme know how that works out.

thevictimofuktyranny

legendary

Activity: 1092

Merit: 1004

In Reply:

https://www.ethereum.org/

It does state: Ethereum can stop fraud, which it has just done with the fork of the Blockchain.

Theft is standard component in Frauds.

Nobody, has every managed to get a no-bailout policy to work, I don't think anybody is every going to get that policy to work over the long-term.

So, yeah, if you want too gamble on a no-bailout policy that nobody has ever got work, I wish you all the luck in world, because you're going to need it!

But, when it comes to my money and my time: I prefer too back new innovation and discoveries.

Some of these, may turn out be crap, but I'm certain their going to be winners amongst in that group.

Its not worth touching Old Hat policies, that nobody in human history has ever succeeded with.

tylerderden

copper member

Activity: 1162

Merit: 1025

Quote from: suchmoon on August 06, 2016, 04:16:20 PM

Quote from: thevictimofuktyranny on August 06, 2016, 04:08:09 PM

In Reply:

If, what you say is true:

Why has doing bailouts been an accepted practice in every national economy on Earth for many thousands of years?

These are economy's are worth $77.609 trillion (estimation based on 2014 figures).

In fact: find me an economy on Earth, which has a publicly stated policy of never doing a bailout?

Are you sure that's an example you want to bring up on a crypto forum? Grin

How about this instead:

https://www.ethereum.org/

Quote

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

I think that about sums it up. Good game everybody.

tylerderden

copper member

Activity: 1162

Merit: 1025

Quote from: thevictimofuktyranny on August 06, 2016, 04:08:09 PM

In Reply:

If, what you say is true:

Why has doing bailouts been an accepted practice in every national economy on Earth for many thousands of years?

These are economy's are worth $77.609 trillion (estimation based on 2014 figures).

In fact: find me an economy on Earth, which has a publicly stated policy of never doing a bailout?

Hahaaaa just don't get it do ya? You want bailouts ok cool head to the bank. Expecting crypto to change the rules because people make bad decisions? Not gonna happen dude, don't believe me ok, just stay tuned. People worked hard to make bitcoin and crypto what it is today, you think you and a few other people are going to be worthy of destroying it for your mistakes or money? Goddamn LOOOOLL!! All I have to say to you.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: thevictimofuktyranny on August 06, 2016, 04:08:09 PM

In Reply:

If, what you say is true:

Why has doing bailouts been an accepted practice in every national economy on Earth for many thousands of years?

These are economy's are worth $77.609 trillion (estimation based on 2014 figures).

In fact: find me an economy on Earth, which has a publicly stated policy of never doing a bailout?

Are you sure that's an example you want to bring up on a crypto forum? Grin

How about this instead:

https://www.ethereum.org/

Quote

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

thevictimofuktyranny

legendary

Activity: 1092

Merit: 1004

In Reply:

If, what you say is true:

Why has doing bailouts been an accepted practice in every national economy on Earth for many thousands of years?

These are economy's are worth $77.609 trillion (estimation based on 2014 figures).

In fact: find me an economy on Earth, which has a publicly stated policy of never doing a bailout?

tylerderden

copper member

Activity: 1162

Merit: 1025

Quote from: roselee on August 06, 2016, 03:46:04 PM

Quote from: thevictimofuktyranny on August 06, 2016, 02:45:44 PM

In Reply:

People always bailout out other people!

This is a fundamental certainty, which makes human existence possible.

You cannot have children or raise offspring without complete acceptance of the fundamental principle of bailing out people.

I can tell, if, you are making that argument you going to be terrible father or mother!

means ? you teach your kids that bail out is the way to go ? and to acept it ? so if your kids do a crime or fail you bail them out ? and not let them deal with consequences ?

Exactly. Teaching your kids there are no do overs is going to be an important lesson. No...hey son, you don't like history...just roll it back buddy lol! The stupidity here is epic. And using kids and people's parenting ability to protect your investment? Yep you too sir are in the right place with the others who have no morals. Bravo smart guy, you are the king of debates lol!!

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: roselee on August 06, 2016, 03:46:04 PM

Quote from: thevictimofuktyranny on August 06, 2016, 02:45:44 PM

[worst bailout rationale ever]

means ? you teach your kids that bail out is the way to go ? and to acept it ? so if your kids do a crime or fail you bail them out ? and not let them deal with consequences ?

My baby dint doo nuffin!!!!

He's a good boy!!!

He deserves another chance!!!

Grin

tylerderden

copper member

Activity: 1162

Merit: 1025

Quote from: thevictimofuktyranny on August 06, 2016, 02:45:44 PM

In Reply:

People always bailout out other people!

This is a fundamental certainty, which makes human existence possible.

You cannot have children or raise offspring without complete acceptance of the fundamental principle of bailing out people.

I can tell, if, you are making that argument you going to be terrible father or mother!

Nah man, people have not and will not always bail out people, your entire world view is fucked up here fella. And even if it were even remotely rooted in reality, this isn't about human history and nature. This is about the blockchain, you know that thing that is the basis of the world supercomputer that can't be tampered with? Well it got tampered with, and in a way that destroys credibility and turns the promises of the "eth foundation" into typical crypto self serving garbage. Which is the same self serving garbage everyone still rambling on in this thread is trying to promote. This proves that what's left as eth supporters are total naive crypto noobs. Or heavily invested shills that broke rule number one about going all in, either way there really isn't any point trying to get any of you to see the light. Your going to have to learn the hard way like the rest of us. This is crypto, your swimming with sharks and it's sink or swim. No one cares about you losing money, that's your bad decision. None of it matters, just like Vericoin reversing transactions for money because they had the same we're super cool and the blockchain is ours to play with attitude, eth too will learn that there are some rules you don't break.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: thevictimofuktyranny on August 06, 2016, 02:45:44 PM

In Reply:

People always bailout out other people!

This is a fundamental certainty, which makes human existence possible.

You cannot have children or raise offspring without complete acceptance of the fundamental principle of bailing out people.

I can tell, if, you are making that argument you going to be terrible father or mother

Children lack agency and are thus less culpable for their mistakes. And they still need consequences, or they turn into spoiled brats.

DAO investors and the TBTF firms Jim Rogers speaks about are not children. Please don't infantalize them in order to justify indulging their mistakes with bailouts and do-overs.

Please STFU with your "fundamental certainties" because I'm fundamentally certain you have no clue about how smart contract are supposed to work.

Here you go little baby, I'll be a nurturing parent and utilize this teachable moment to bail you out of your ignorance, but then it's time for your nap. Cheesy

A smart contract enforces a commitment without resorting to the threat of external litigation [2].

Nick Szabo, Formalizing and Securing Relationships on Public Networks. 1997

as cited by http://elaineou.com/2016/06/19/contracts-code-and-complexity/

roselee

legendary

Activity: 1078

Merit: 1000

Quote from: thevictimofuktyranny on August 06, 2016, 02:45:44 PM

In Reply:

People always bailout out other people!

This is a fundamental certainty, which makes human existence possible.

You cannot have children or raise offspring without complete acceptance of the fundamental principle of bailing out people.

I can tell, if, you are making that argument you going to be terrible father or mother!

means ? you teach your kids that bail out is the way to go ? and to acept it ? so if your kids do a crime or fail you bail them out ? and not let them deal with consequences ?

tylerderden

copper member

Activity: 1162

Merit: 1025

Quote from: thevictimofuktyranny on August 04, 2016, 06:22:25 AM

Quote from: p4r4m0un7 on August 04, 2016, 06:16:00 AM

Quote from: thevictimofuktyranny on August 03, 2016, 12:22:12 PM

Quote from: Hueristic on August 03, 2016, 11:19:20 AM

Quote from: BattleField on August 03, 2016, 10:58:55 AM

Quote from: frostminer on August 02, 2016, 11:08:18 PM

Quote from: Mrpumperitis on August 02, 2016, 11:03:54 PM

Quote from: bitpop on August 02, 2016, 10:53:34 PM

You're promoting a scam website

lol how do you know that? so your the judge? why not let the traders decide what it is? so much for immutability lol more like mute

im sorry but etc has SCAM written all over it.

The irony of that ETC thread is .. up there..

He really wants a immutable coin, but a very very mutable thread.

o_O

Immutability is just an excuse to pump and dump the ETC. I reckon the ETC will be dumped before the hacker's dump.

Stay, convert to ETC or BTC all bad choices ATM. You guys have the roof collapsing and don't know whre to find cover.

According to public information ETC is using the ETH blockchain up to the fork at block 1920000.

The ETH foundation has 12 million ETH too pay for future developments.

Therefore, because ETC is using the same blockchain up to the fork, it stands to reason that the ETH Foundation has 12 million ETC and it can sell these off on the exchanges to fund the development of Ethereum.

Therefore, I would like to thank ETC investors for helping to fund the future development of ETH.

I don`t understand how did you figured it out that they have 12 000 000 ETC. Can you show us the address or something? As of this moment Ethereum foundation officially have in their wallet around 1 million ETH. Explain it to us.

BTW: everybody with 2 alive brain cells can figure it out that ETC is just a quick profit and maybe in month or two ETC will be crap. It is not serious to talk about this coin in long term. But for now we don`t mind to make some free BTC on the back of stupid people who demand to be shaken.

Last time, I researched Ethereum Specs, it came up with this returned google search as:

60 million ETH sold in a crowdfunding sale.

12 million ETH, set aside for Ethereum Foundation.

18 million ETH, set aside for POW stage (current stage).

Max coins supply, before POS is 90 million ETH.

POS implementation aimed toward 0% inflation.

Lol!! Massive premine, massive amounts for the "team", programming flaws that allow theft to occur, reverse transactions following the Vericoin script of crypto suicide...oh yeah man, motherfuckers got it going on hahaaa

Topic: [ANN] Ethereum: Welcome to the Beginning - page 800. (Read 2007101 times)