I read through the whole topic. So many people saying that the hacks are not etheruem devs fault. So pathetic. The devs made the wallet that had vulnerabilities. The dao hack was also the devs fault. In addition, no one seems to mention the fact there was a 92 million eth premine that was hidden. Let allow that v has now dumped the hidden 92 million.Nor does anyone seem to acknowledge that ethereum can not handle large numbers of transactions. Does no one know that pos has been delayed 3 times for over 2 years total.That is because pos does not work. I am sure some of the best devs in the world have worked on it to no avail. How about the implementation of the dirty bomb. This increases blocktimes which further slows down a network incapable of processing large amounts of transaction. Anyone that supports ethereum has not seriously researched the immense number of flaws and countless vulnerabilities. Seems like more often than not ethereum is having some problem. I use to feel sorry for people who were misled by all the false advertising that promotes ethereum. Now I think it is their own fault. If they lose money I no longer have empathy. I get the biggest laugh when people talk about the flipping. Etheruem will never replace bitcoin. With all the complaints about bitcoin transaction time and fees, even if ethereum became more valuable than bitcoin no one would wait on the transaction times. The only good ethereum did was bring knowledge of cypto to many people who had no idea what cypto was. With all the new reliable coins out their ethereum will fade away. Sure it will be pumped and dumped. Sooner or later people will realize what an unrepairable epic fail ethereum really is.
Finally some logic.
Guys, don't think all these ICOs are running on Ethereum, because it's superior to Bitcoin. It's because it is "modern" to do so. And I will repeat myself when saying that I can't get all these teams behind of certain project. Their combined experience is 8764345 years and they participated in projects (not related to digital currencies) worth 10s, 100s of millions and even billions of $. Yet they come here and ask for
your money. Do you know why?
1. It's because they can enrich themselves fast.
2. They can experiment with
your money. If they succeed, they will make even more money, but if they FAIL, all they need to say is: "It's a technology bro, we tried."
Guess who is the one left with the thumb up in his ass? YOU!
The lesson with the DAO was pretty good, but it appears the masses never learned from it. All they care is to make money, no matter what happens with Ethereum or Bitcoin for that matter. This is what worries me and this is why I don't like Ethereum and the kind. If it/they was some project funded by rich companies/people, and give us the opportunity to participate (explore it, trade it etc...), then I'm all for it.
But that is not the case. Most of you don't realize you're screwing with the future of digital currencies.