Topic: ETC on Polo - page 6. (Read 7283 times)
wow I just got really confused reading this thread. WHat I will say is this is not good for Ethereum.
The Devs should just go back to the original fork and continue working on that. They may have no choice if the market sees the new chain as fake and the original as the one with integrity.
So what if a smart contract went tits up. It worked - it did what it was supposed to do which was to faithfully implement the logic imparted to it. Nobody should have blinked an eyelid.
New chain: hard fork to bail out buddys run by crooks , has funds, and devs
old chain: lots coins in hackers hands, anon dev , no "Connections" like the established team
pick a winner
its neither of those. Good clones over fighting forks all the way.
Anyone really thinks this shitshow is gonna get better and end well for either chain?
old chain: lots coins in hackers hands, anon dev , no "Connections" like the established team
pick a winner
its neither of those. Good clones over fighting forks all the way.
Anyone really thinks this shitshow is gonna get better and end well for either chain?
Yes because the economic incentive is just too high (game theory).
What happens afterwards with the winner is another question.
New chain: hard fork to bail out buddys run by crooks , has funds, and devs
old chain: lots coins in hackers hands, anon dev , no "Connections" like the established team
pick a winner
its neither of those. Good clones over fighting forks all the way.
Anyone really thinks this shitshow is gonna get better and end well for either chain?
old chain: lots coins in hackers hands, anon dev , no "Connections" like the established team
pick a winner
its neither of those. Good clones over fighting forks all the way.
Anyone really thinks this shitshow is gonna get better and end well for either chain?
imo, BTC whales and Chinese mining racketeers will keep ETC alive to beat Ethereum like a drum...
They want to dead-end every single alt exactly the way Bitcoin has been dead-ended for 2.5 years and counting.
Ask yourself why would Busoni from Polo risk his entire business over this unless he phas some major crypto powers who told him privately if he does this they will support him.
The logical thing would have been to let a shitty exchange like Yobit list first and let them take the initial risk and evaluate how the market reacts. So what made him do this?
I don't think this was added on a whim, I think this is a larger plan being orchestrated behind the scenes to turn ETC into something major and not just a joke.
Ethereum Classic? More like Ethereum Cancer. 
Good one.
Ethereum Classic? More like Ethereum Cancer.
Better prepare for a lot of crying bagholders.
There will be only 1 chain left soon.
There will be only 1 chain left soon.
Since each user gets an equal amount of original/real ETH and the copy/forked ETH I'm not really sure what you mean. Unless they sell the winning chain (if there is one) now.
Better prepare for a lot of crying bagholders.
There will be only 1 chain left soon.
There will be only 1 chain left soon.
I don't understand, how can users at poloniex suddenly get the same balance of ETC than they had ETH. I mean this is real money appealring out of thin air. So everyone that had ETH got their money doubled ? wow.
Does that mean that the ETH attacker can cash out the stolen ETH or ETC? Too complicated for me
Does that mean that the ETH attacker can cash out the stolen ETH or ETC? Too complicated for me
there are two chains now so that means that you get eth on both. your money ain't doubled as etc's currently worth a lot less but you have access to an equal amount of them. the dao thief gets etc coins but i'm gonna guess that he'll play along with etc and help it along somehow to punish the people who forked away.
I dunno how it works if your coins were in an exchange at the time of the forking. does that mean poloniex gives you the same amount of etc for free?
Yes, since every address has both ETH and ETC...
Polo gives you both when you deposit now... and, overnight, retroactively for any deposit since the HF.
imo, BTC whales and Chinese mining racketeers will keep ETC alive to beat Ethereum like a drum...
They want to dead-end every single alt exactly the way Bitcoin has been dead-ended for 2.5 years and counting.
Once Bitfinex adds this week (and all indications are they will) then ETC will go into the stratosphere IMO.
I think the fundamentals are just too strong now for ETC to be more than a joke, the hardcore Ethereum community misjudged how many people were absolutely livid about the HF, add in all the other crypto users who "missed out" on the ETH ICO and see a second chance along with crypto whales who really don't care one way or another and just see a money making opportunity, it could go to at least 50% off Ethereum's marketcap in the short term.
I think the fundamentals are just too strong now for ETC to be more than a joke, the hardcore Ethereum community misjudged how many people were absolutely livid about the HF, add in all the other crypto users who "missed out" on the ETH ICO and see a second chance along with crypto whales who really don't care one way or another and just see a money making opportunity, it could go to at least 50% off Ethereum's marketcap in the short term.
I don't understand, how can users at poloniex suddenly get the same balance of ETC than they had ETH. I mean this is real money appealring out of thin air. So everyone that had ETH got their money doubled ? wow.
Does that mean that the ETH attacker can cash out the stolen ETH or ETC? Too complicated for me
Does that mean that the ETH attacker can cash out the stolen ETH or ETC? Too complicated for me
there are two chains now so that means that you get eth on both. your money ain't doubled as etc's currently worth a lot less but you have access to an equal amount of them. the dao thief gets etc coins but i'm gonna guess that he'll play along with etc and help it along somehow to punish the people who forked away.
I dunno how it works if your coins were in an exchange at the time of the forking. does that mean poloniex gives you the same amount of etc for free?
like you said, it's hard to keep up with it all. it's gonna be quite the light show in the coming weeks.
https://bitflikz.myshopify.com/blogs/news/ethereum-whales-offer-legal-support-for-dao-hacker-challenging-foundation
Ethereum whales against the fork are defending classic on the exhanges-
"Once the ETC was listed on Poloniex, we purchased X amount over 3 hours under .0012. As you are aware, we are defending the .001 area on the market from those who wish to harm price discovery. We wish you the best. Under a 10-1 dilution, we have enough BTC to absorb attempts and will do so."
A strong buy wall has been created and Classic has already climbed to spot 6 in market cap.
http://coinmarketcap.com/currencies/views/all/
Ethereum whales against the fork are defending classic on the exhanges-
"Once the ETC was listed on Poloniex, we purchased X amount over 3 hours under .0012. As you are aware, we are defending the .001 area on the market from those who wish to harm price discovery. We wish you the best. Under a 10-1 dilution, we have enough BTC to absorb attempts and will do so."
A strong buy wall has been created and Classic has already climbed to spot 6 in market cap.
http://coinmarketcap.com/currencies/views/all/
I don't understand, how can users at poloniex suddenly get the same balance of ETC than they had ETH. I mean this is real money appealring out of thin air. So everyone that had ETH got their money doubled ? wow.
Does that mean that the ETH attacker can cash out the stolen ETH or ETC? Too complicated for me
Does that mean that the ETH attacker can cash out the stolen ETH or ETC? Too complicated for me
come on polo guys. please add ETH - ETC trading. this will be funny.
EDIT:
uups, they already did it.
EDIT:
uups, they already did it.
Can i send ethc with the newest Mist wallet, without affecting the eth hard fork coins?
You need to split your eth from etc. Do some reading, before doing this, as you may sell both eth and etc at the same time.
Thanks, i will when i'll find time, but because i'm still confused, one last question, can i open the latest mist wallet release, without doing sth., which is irreversible in fact of ethc and eth hardfork balances?
https://bitcoinmagazine.com/articles/rejecting-today-s-hard-fork-the-ethereum-classic-project-continues-on-the-original-chain-here-s-why-1469038808
https://www.cryptocoinsnews.com/miners-attack-ethereum-classic-polonixs-listing/
https://twitter.com/gavofyork/status/757197495801880576
i dont know about you guys but i'm grabbing some popcorn
https://www.cryptocoinsnews.com/miners-attack-ethereum-classic-polonixs-listing/
https://twitter.com/gavofyork/status/757197495801880576
i dont know about you guys but i'm grabbing some popcorn
So am I. This spectacle can only help coins such as Monero and Dash.
ETC is going to be listed on BitFinex soon!
Oh man this is getting better and better.
If you don't believe it check it on r/ethereumclassic or r/ethereum.
Alts are definitely the perfect testing environment for Bitcoin.
Thanks for this hilarious show!
and if this things happen eth price will bounce back again and muchOh man this is getting better and better.
If you don't believe it check it on r/ethereumclassic or r/ethereum.
Alts are definitely the perfect testing environment for Bitcoin.
Thanks for this hilarious show!
profitable seeing a big move after this i hope it will continue arising
keep it up and hold guys. good luck
ETC is going to be listed on BitFinex soon!
Oh man this is getting better and better.
If you don't believe it check it on r/ethereumclassic or r/ethereum.
Alts are definitely the perfect testing environment for Bitcoin.
Thanks for this hilarious show!
Oh man this is getting better and better.
If you don't believe it check it on r/ethereumclassic or r/ethereum.
Alts are definitely the perfect testing environment for Bitcoin.
Thanks for this hilarious show!
ETC is gaining serious traction. It makes sense to hold some of it
ETC is open to double spend replay attacks and is barely mined so is highly unsupported and insecure. It's also about to suffer a serious 51% attack. Gud luck with that coinage. Is the new Ethereum still vulnerable to the exploit of the attacker? I asked this question before but I did not get an answer.
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