Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 808. (Read 2007101 times)

legendary
Activity: 1092
Merit: 1004
I think we can all see what is coming.  ETH is dead.  ETC will go back to being the only chain (like it was before the hard fork). 

Sure it will take time because there is a lot of big money in ETH they won't give up easily but it is just a matter of time. 

Even the foundation will grudgingly slide back to the original chain (and probably quietly admit they screwed up).

It is like someone has started draining the value out of ETH and putting it directly into ETC.  Nobody is more surprised than me at this.

Crypto is nothing if not constantly surprising us.

That can't happen, because it is mathematically impossible Cheesy

Furthermore, when ETH goes over to POS in 7 months, well, stuff looks very bad for ETC.



legendary
Activity: 952
Merit: 1000
I think we can all see what is coming.  ETH is dead.  ETC will go back to being the only chain (like it was before the hard fork). 

Sure it will take time because there is a lot of big money in ETH they won't give up easily but it is just a matter of time. 

Even the foundation will grudgingly slide back to the original chain (and probably quietly admit they screwed up).

It is like someone has started draining the value out of ETH and putting it directly into ETC.  Nobody is more surprised than me at this.

Crypto is nothing if not constantly surprising us.
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
can I get ETC from my ETH with my mist wallet 0.8.1? thank you
legendary
Activity: 1120
Merit: 1000
ETH AND ETC will meet their makers.
copper member
Activity: 1162
Merit: 1025
https://cryptrader.com/c/HhBAsJv4

Um yeah....probly should roll that back
hero member
Activity: 742
Merit: 500
legendary
Activity: 3431
Merit: 1233
ETH is dying down,ETC is up  Grin Grin

Do we have any words from the DAO hacker that he will keep the ETC and will not dump to the market?

Do we have any words from the bailout DAO investors that they will keep the ETHF and will not dump to the market?
copper member
Activity: 1162
Merit: 1025
http://www.newsbtc.com/2016/08/02/etc-funds-dao-breach-move/

Well I quit following this.  But this just came thru my news feed.  I hope more that were persuaded by all the maximalists don't fall for etc and get dumped on a second time.  This has really shown some people true colors!

What a great learning experience this has been.  One small but important note to take from this. Don't invest more than you can afford to lose and this would have never been an issue.  All this software is version what again?  0.??.?  Alpha software people dumped millions into and then it had a flaw.  Who would have thunk such a scenario could happen Roll Eyes

Best Regards
d57heinz

Edit.  You all best hope that while your busy wasting time with all this bs that people don't start to realize btc isn't all it's cracked up to be.  When that happens watch out.  Can't wait to see what happens when it forks.  Least you all got a hard lesson here.   This is such a joke.  Consensus ruled for the fork and even the maximalists can't obey those rules.  Can't figure out why they even touch crypto.  That's all part of the mechanism!  Must be in with the group of Chinese miners holding btc back from scaling.  Make this the biggest shit show of crypto.  Then say. See HF are dangerous. Anyone with half a brain can see what's going on.   I think this community is in for a rude awakening.  Price will start to reflect that crypto wide. Not just a few coins.  Wait and see!   Keep sitting on your hands fucking with this shit show and it's inevitable!

That's it everybody, this guy convinced me. I'm liquidating everything and buying amway
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
http://www.newsbtc.com/2016/08/02/etc-funds-dao-breach-move/

Well I quit following this.  But this just came thru my news feed.  I hope more that were persuaded by all the maximalists don't fall for etc and get dumped on a second time.  This has really shown some people true colors!

What a great learning experience this has been.  One small but important note to take from this. Don't invest more than you can afford to lose and this would have never been an issue.  All this software is version what again?  0.??.?  Alpha software people dumped millions into and then it had a flaw.  Who would have thunk such a scenario could happen Roll Eyes

Best Regards
d57heinz

Edit.  You all best hope that while your busy wasting time with all this bs that people don't start to realize btc isn't all it's cracked up to be.  When that happens watch out.  Can't wait to see what happens when it forks.  Least you all got a hard lesson here.   This is such a joke.  Consensus ruled for the fork and even the maximalists can't obey those rules.  Can't figure out why they even touch crypto.  That's all part of the mechanism!  Must be in with the group of Chinese miners holding btc back from scaling.  Make this the biggest shit show of crypto.  Then say. See HF are dangerous. Anyone with half a brain can see what's going on.   I think this community is in for a rude awakening.  Price will start to reflect that crypto wide. Not just a few coins.  Wait and see!   Keep sitting on your hands fucking with this shit show and it's inevitable!
hero member
Activity: 742
Merit: 500
sr. member
Activity: 286
Merit: 250
22 million etc, 95,000 btc volume! I think that's a record

Is that volume inflated? There are only 82 million ETC in total, and 25% traded within 24 hours. That is normal.
legendary
Activity: 2912
Merit: 1060
22 million etc, 95,000 btc volume! I think that's a record
full member
Activity: 468
Merit: 100
The world’s first Play, Learn and Earn
Really great canibalism-freakshow. Bravo! Very inovative! I can clearly see this being massadopted by tomorrow morning.

Very "surgical, clean and successful" hardfork, dipshits.
legendary
Activity: 2912
Merit: 1060
Wow eth dropping off a cliff, better get into btc and etc
legendary
Activity: 2856
Merit: 1075
Woa...BTC just broke $600 ....time to get back into ETH or fiat.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
That's a really interesting subject and it seems it will bring new trouble for ETH and ETC.

I don't know how to solve it if Casper won't be finished and I highly doubt that it will be finished until the difficulty goes up exponential.

I mean, since the DAO-Mess they've lost at least one month.

So, what will they do? Another Hard fork to remove the time-bomb? It's something that ETC also would have to do.

Are there any other solutions if Casper shouldn't be ready?


Edit: Why didn't they remove the time-bomb with the HF? That would have prevented ETC! ETC with time-bomb and ETH without it - the future would be clear.

Removing the diff bomb (which was a stupid idea to begin with but I digress) would be far less contentious than a bail out. I'm sure both ETH and ETC can smoothly fork through that one and any splinter forks would simply die in the bomb blast.

Yes, right.

But, I believe to see a missed chance here.

Imagine it this way:

TheDAO is hacked --> a lot of trouble how it was.

The foundation needs some days to find a solution and they announce:

We need a hard fork anyway, because Casper won't be finished until the difficulty will increase sharp. So, why not do both. The Community won't vote if HF or not, because everybody understands that it needs one. But they'll vote if bail-out or not. But of course, they say yes. And the reason looks also much more technical than just like "bailing out buddies".

Than the HF:

- removing Time bomb (or delaying it)
- preventing replay attacks
- DAO-bail out.

The situation would be different now. Most likely ppl wouldn't see the HF differently and most likely nobody would touch ETC, because it would be really different - it would include the time-bomb. And without the replay attacks it's even more unlikely that exchanges would be forced to open markets for it.

Or do I miss something? Because if not - I believe that nobody would care about ETC and there wouldn't be an ideology-battle. 

I don't think that would have changed much, if anything. The ETC message is quite clear, and it's not "no forks", it's "fork for a good reason and a bailout isn't one". A fork to remove the diff bomb would be a very good reason and even die-hard idealists wouldn't be suicidal.

I also don't think that replay had anything to do with Poloniex listing the coin. Poloniex already was the largest ETH exchange so obviously they had a shitload of ETC. If they just allowed to withdraw it they would have missed out on trading fees.
hero member
Activity: 742
Merit: 505
Barry shilbert and Peter toad...thanks for damaging crypto and BTC.

Why not blame Vitalik? He is the one that started this. He is the one that supported the DAO insecure code. If they were very careful none of this would have happened. Vitalik should look in the mirror and look at the man who is to blame.

He has stated he was opposing it.

You think the codergeek calls the shots?

Welcome to the real world.

Wink
legendary
Activity: 1960
Merit: 1128
That's a really interesting subject and it seems it will bring new trouble for ETH and ETC.

I don't know how to solve it if Casper won't be finished and I highly doubt that it will be finished until the difficulty goes up exponential.

I mean, since the DAO-Mess they've lost at least one month.

So, what will they do? Another Hard fork to remove the time-bomb? It's something that ETC also would have to do.

Are there any other solutions if Casper shouldn't be ready?


Edit: Why didn't they remove the time-bomb with the HF? That would have prevented ETC! ETC with time-bomb and ETH without it - the future would be clear.

Removing the diff bomb (which was a stupid idea to begin with but I digress) would be far less contentious than a bail out. I'm sure both ETH and ETC can smoothly fork through that one and any splinter forks would simply die in the bomb blast.

Yes, right.

But, I believe to see a missed chance here.

Imagine it this way:

TheDAO is hacked --> a lot of trouble how it was.

The foundation needs some days to find a solution and they announce:

We need a hard fork anyway, because Casper won't be finished until the difficulty will increase sharp. So, why not do both. The Community won't vote if HF or not, because everybody understands that it needs one. But they'll vote if bail-out or not. But of course, they say yes. And the reason looks also much more technical than just like "bailing out buddies".

Than the HF:

- removing Time bomb (or delaying it)
- preventing replay attacks
- DAO-bail out.

The situation would be different now. Most likely ppl wouldn't see the HF differently and most likely nobody would touch ETC, because it would be really different - it would include the time-bomb. And without the replay attacks it's even more unlikely that exchanges would be forced to open markets for it.

Or do I miss something? Because if not - I believe that nobody would care about ETC and there wouldn't be an ideology-battle. 
legendary
Activity: 3654
Merit: 8909
https://bpip.org
That's a really interesting subject and it seems it will bring new trouble for ETH and ETC.

I don't know how to solve it if Casper won't be finished and I highly doubt that it will be finished until the difficulty goes up exponential.

I mean, since the DAO-Mess they've lost at least one month.

So, what will they do? Another Hard fork to remove the time-bomb? It's something that ETC also would have to do.

Are there any other solutions if Casper shouldn't be ready?


Edit: Why didn't they remove the time-bomb with the HF? That would have prevented ETC! ETC with time-bomb and ETH without it - the future would be clear.

Removing the diff bomb (which was a stupid idea to begin with but I digress) would be far less contentious than a bail out. I'm sure both ETH and ETC can smoothly fork through that one and any splinter forks would simply die in the bomb blast.
legendary
Activity: 1960
Merit: 1128
I really don't have time to follow all this fork saga, so let me better ask. What is a general consensus of the ETH devs? Will they support and take care of the ETC chain as well or this is out of question and ETC chain will have to find new devs?

The things developed by the Ethereum Foundation will be applicable to both the ETH and the ETC.

That's how open source works. Now students please get out your crypto 101 book and turn to page 420

So what is a point of paying then 10x more for ETH when we can buy 10x cheaper ETC and still have all of the features and a working product. I don't get it...
It was x10. Now is x6. And parity is not far away because more people see there is no point.

because it was a trap with a timebomb   https://bitcointalksearch.org/topic/ethereum-mining-bomb-probably-only-6-more-months-of-eth-mining-left-1487014

That's a really interesting subject and it seems it will bring new trouble for ETH and ETC.

I don't know how to solve it if Casper won't be finished and I highly doubt that it will be finished until the difficulty goes up exponential.

I mean, since the DAO-Mess they've lost at least one month.

So, what will they do? Another Hard fork to remove the time-bomb? It's something that ETC also would have to do.

Are there any other solutions if Casper shouldn't be ready?


Edit: Why didn't they remove the time-bomb with the HF? That would have prevented ETC! ETC with time-bomb and ETH without it - the future would be clear.
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