Topic: [ANN] Ethereum: Welcome to the Beginning - page 851. (Read 2007099 times)

Ethereum central bank has directly recapitalized the DAO?
Sounds like Fed recapitalizing Fannie Mae and Freddie Mac.

Ethereum Central Bank...
Ethereum central bankers...
LOL.

Nobody is whining kid. If you don't like relevant forum discussions then don't participate in them.

So.. if you sold them and got out. What the f**k is this whining about?

At this point it just looks like you have sand in your vagina

hmm would be nice to defame all critics as failed investors who cry now? isnt it?
no i was a ether beliver . got my ether with the crowd sale. believed in it. was a holder. saw with shock what the dao did .befor the attacker. hoped for ether to stay independent. befor the crowdsale i read on the ethereum page: invest but be aware its not save you might lose all.  
when i saw you really do this hf, i sold them. the ether after the hf is not what it was supoosed to be.

and you seem to close your eyes. for the greater pofit?

I learned when I was a small child.

If you pay attention to things that are going on around you, there is a better chance you will not make yourself look like an ass when you make a stupid assumption. Or, as the saying goes. To assume makes an ass out of u and me.

LOL, are you still here crying?
How many pages of emo will we have to see?

Soooo.. lemme guess. You shorted ETH and faceplanted?
 

hmm this is still a free forum where every one can post opinions if you dont like them then you go
and for the thread well you have to live with critic. there is not just claping hands for the hf
and this is not a promotion thread, if newly interested people will come here and get informations about what the ether is they should find all infos not just the ones you like to select and polish.

good article but the disclosure was very interesting

 http://elaineou.com/2016/07/18/stick-a-fork-in-ethereum/#forkyou

Disclosure: I have DAO tokens. I also have childDAO tokens.

The Ethereum fork wipes out all the childDAOs. I split most of my DAO tokens after the crowdsale. Those were insulated from the DAO attack, but they become collateral damage in the hard fork. It’s an edge case. There are a lot of edge cases.

There will be about $6 or $7 million in leftover ether, after refunds are claimed. A group of trustees will decide how to redistribute this to the edge cases. In the age of trustless computing, trustees manage wealth redistribution.

so they rolled the dao back to bailout big investors and left some smal ones  with a loss. this means if i understnad it right some did put there tokens in a save haven so to say not affected by the attack and now with bailout they lose there investment ? or denpend on humans to may or may not pay them back ? would they have gotten there investment back if the hf would not have happend ?

It already happened.  The HF is done with.  If you really feel the need to (continuously) cry over it, then please start a new thread.  Otherwise, how about we move on to working toward the same goals the community had for a month ago for Ethereum. 

a friend sais always follow were the money goes and you see who is behind it.

where is the location of vitaliks biz? swiss
i more and more get the impression that ether is the big banksters try to overtake the blockchain.
pushing it
its not a satoshi chain

So, how you guys see this going? I personally think it'll go down until we get closer to the devcon date. As now Coinbase addition is behind us and DAO holders will be cashing out their eth refunds. Correct me if I am missing something. Also, what is the latest on the classic? Any major exchange planning to add it?

That article is a good example for what I believe is wrong in Ethereum but also in Crypto generally.

This for example:

"On Thursday, Ethereum hit another business milestone when Coinbase, the leading mainstream platform for buying and trading of bitcoin, added support for ether. Coinbase customers—there are $4 million of them in 32 countries—can now easily buy and trade ether using the Coinbase web site or mobile app."


How is it an "business milestone" if a project is added by a new exchange? It doesn't say much about Ethereum at all or at least it's not going beyond Ethereum. The price may go up because of that, but it's just because people would anticipate: "More people will buy Ethereum" - it's just about the market and the market is just about the price.

And that is exactly what I believe was the problem with TheDAO. It was funded with expensive Ether and pumped up like a bubble with the priority to fund other Ethereum-projects like slock.it. And it's all about nice theories about a "social experiment". What it would have been about: Manipulative wars to get some of the millions. And generally it was not thoughtful. It was rushed out and usually there is high intention if something is rushed out. And one question is: What exactly would go beyond Ethereum into real business and be effective? 

For me it's all like little magic-tricks to give an illusion of an economy - but it's an Ethereum-economy that is for the price and based on the price while there are real weaknesses and a trust-problem that could turn out as not just temporary.

If I should make a bet about Ethereums future it would be: It's a forerunner but others will learn out of it's weaknesses and maybe overtake. I believe Ethereum is very valuable as kind of laboratory to find out what is possible and how and what is a risk and why. But safe to say is: Ethereum will have to face serious competition in future and than a high price won't help. It will be about fundamental qualities in comparison. 

Why Ethereum is the hottest new thing in digital currency
http://finance.yahoo.com/news/coinbase-adds-ethereum-ether-bitcoin-000000379.html

Because you speak about "greed" - Last week there was another very interesting blog-post. Also very attacking and for my opinion a little bit too much of speculation and I'm not sure if he is right to just 1% or maybe 90% or whatever. Can't say it. But it's not wrong to consider some of his theories as possibilities:  

On Ponzi’s, Equity Derivatives, and Ethereum
http://www.wallstreettechnologist.com/2016/07/12/on-ponzis-equity-derivatives-and-ethereum/

My own opinion is that it's not really be about greed, that it's not about money as priority. I consider Vitalik Buterin as visionary and genius and I believe he wants much more than just getting rich quick. But I also believe that there might be a lack of experience in the team and that Ethereum is maybe too much about being proud because of big numbers - 1.5 bn - marketcap, DAO-funding and so on. It seems like too much ambition and too less patience and focus on what it should be about - quality and stability.

For me, it's much about TheDao. Because it could have been a really interesting experiment, but instead of that it turned out to be an overfunded too-big-too-fail-monster. And the extremely high funding is suspicious in my opinion and maybe even more the intention behind for what it was most likely meant for.

Thing is: Even without a hack it could have turned out as a risk for Ethereums eco-system. And there is something in Ethereum I really don't like, I'm just unsure what exactly it is. Because I see Ethereum as very valuable but as a scientific project and I believe it will need a lot of time until it's ready for real business, if that will ever happen. The high price and the massive manipulation let it seem even more premature.

Every time I read this (bolded) I can't help but laugh!

Hmmmm.....



So much fear among Moneroistas and Maximalistas.

Good, good, good.

Nice read, thanks.

I liked these quotes the most.

"Or, in the language of another world, the Ethereum central bank has directly recapitalized the DAO commercial bank by monetizing its debts."

"The Ethereum community has agreed to a change that makes their system less trustworthy than a conventional financial system. For a technology that aims to disrupt conventional financial systems, that is not clever."

"bailouts were – and probably still are – inevitable. Refusing to bail them out would be a major breach of faith"

"Ethereum is only immutable because Buterin says it is. Until he changes his mind. Which he inevitably will, next time there is a major loss. His investors will expect him to, since – y’know – the system is still “in development”. And he will agree, since – y’know – the community is in charge."

Crazy, it's like she knows a thing or two about currency.

Sad that ethereum became greedy and incompetent

ConsenSys wants to bring Ethereum to China’s tech and finance giants, such as Tencent, Ping An, Ant Financial, and Alibaba.
http://technode.com/2016/07/21/company-bringing-ethereum-chinese-tech-giants/