Topic: [ETH] Ethereum = Scam - page 21. (Read 60215 times)

Since when they have been working on Ethereum for a decade? That's ridiculous. Anyway I hope Ethereum is a legit as it gets project because if this is another scam, it will do nothing but wrong for BTC because people will start thinking it's a waste of time to invest in any crypto related projects. This could be the biggest scam of them all if it's not legit.

WOW! look at you just pulling shit out of your ass like it's some sort of fact!

That's a helluva lot of demand. Methinks that some of that demand was pulled from the future by people "buying now!!!", when they would otherwise buy later and support the post-presale price by doing so.

Hmm.

100,000,000 + and I am relatiely confident with that guess!

The most interesting of this ipo is that it can be a whale fight, with ether not capped, if a whale wants 5% of all ether, he buys it, but days later he will see that hes not holding 5% anymore due to recent purchases, so he will buy more, and this can continue several times. Or maybe in the last hours there will be huge purchases.

how much ether do you think it will be sold?

How exactly would the amount of investments contradict the accusation of a scam?

Was MTgox no scam because half a billion was stolen?

A scam?

That has generated $13 million in investments in the last two weeks.

And $3 million in the last 24 hours alone.

Hmm.

It is actually purely selfish agenda and he is invested in those coins and doesn't want anyone else to water down his investment.
/s

So spoetnik, im seeing you have created several topics with the common subject of stating something is bad or scam, like the dogecoin and this one, man, seriously, if you did lose money trading or joining ipos thats nothing we can do about it! posting this topics will not help, if you think what you say its fine, put it on practice, but dont think thats the truth.
I have seen many people taking huge profit from ipos, even when they are later found to be scams, same with alt currencies, its just a game of knowing when to enter and when to be out... if you dont like to lose so all this is not for you, money scared doesnt make money.

It's another Mastercoin.  People invested huugeeee money into that and would had saw more ROI had they invested into Doge or NXT.  Ethereum is $12 million and there's no guarantee (after it stabilizes after the initial hype buy at launch) it'll go above $80 million.  Sure you might say that is a 7x return but many early crypto currencies bring way more ROI than that.




Ethereum language is a liability.  It took a decade plus to get all the bugs in Java and C++ worked out and to educate a generation of developers to program in that language.  Ethereum only has Vitalik who can program in his own language and Vitalik is likely to jump ship when Ethereum launches to resume his studies at UoT or he'll be taking an early retirement due to the millions he'll be pocketing.  That means you're stuck with a coin which has no competent language programmers and nothing much happening at the Ethereum HQ since 2-3 developers isn't enough to do things like bring in the sort of features you see in a coin like NxT.

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Lots of hype + enourmous pump + many gullible people = "successful" ethereum launch..

and if it doesn't?

@adam3us
i think that happens non stop 24/7
i don't trust any of these guys what so ever !

why in gods name would any of you out there trust these guys ?
notice how they proclaim XYZ coin to be the greatest thing ever then eventually get quiet and wander off ? (pushing a new coin)
so why bother ? and why bother believing their bullshit ?

you can buy URO coin but what are the idiot bag holders going to do when some guy makes a better (who gives a fuck what it's name is) coin with anon features soon ?

one big game to get your bitcoin to cash out to fiat so they can buy a lambo.. that is all 99% of this crap is about.
and the suckers they fool into getting on board are partly naive and partly playing stupid.. lying to themselves (money does that)

what kind of moron does not notice 1,000 coins come out and keeps thinking each new one is "the one" ?
i feel sorry for big bag holders lol

things are only going to get worse.. WAY worse !
we have seen nothing yet.. the altcoins prices crashing is going to pick up more and more momentum and that is gonna cause more dumping
and it will snow ball the worse it gets ..the worse its gonna get more and more.. panic frenzy to the door.. coming soon LOL
it's already started.. there is only a small amount of people left hanging around.

i've waited for this time too.. Back in January when i said something about Doge and the scene in general and how i predicted exactly how it is now
my comment would be gone in a second.. buried by delusional idiots and brats.. many of which sold their gpu's and ran for it long ago !
and all those mouthy pricks got it coming if they didn't cash out and leave already and i juuuuuust can't wait too see them get whats coming to them.
i took so much bloody abuse only to have the scene all over mimic me now a days copying what i have said word for word all over..
but where were these guys before ? Supporting shit / scam / clone / coins / ipo's etc that's where !

I wanna see all these fuckers drown in their greedy stupidity !

I will be nourished from their tears  

I waited a long time for all this and i will get popcorn and kick back and laugh  

It did not occur to me but someone told me they suspected this happened with mastercoin: they may buy their own alt coins for their own bitcoin.

Consider: if they own bitcoin they can buy their own ethers/foocoins/whatevers and to them its not a loss because they get their own bitcoins back.

So if it helps prime a pump & give the illusion of demand, yes they really could be doing that.  Maybe they are, I'd say thats unethical but then so is the whole thing IMO; and if it was happening it might not be widely known even amongst the ethereum "team" of paid advisors etc.  Presumably that might even be illegal in terms of stock or asset price manipulation, IPO manipulation etc.

Clearly its being heavily marketed by 2nd or 3rd generation repeat pump & dumpers and quite a bit of effort went into marketing.  (Ex bitshares guy Charles Hoskinson is the ethereum CEO, some ex mastercoin people etc).

The maidsafe thing and its relationship to mastercoin dump was pretty dodgy also IMO.

Adam

That's actually a good sign! It says there's still a lot of skepticism about Bitcoin. If you look deep into the history of the early Internet, you'll find a lot of scoffers that - as of now - are good Internauts just like us. If you dug some of those scoffers up - this is important - you'd find that the same people shrugged off their earlier words in the usual way or actually resent you for reminding them of their earlier words!

This is very true of people who sound like Winston Churchill saying "never, never, never" about an asset class. I'm not kidding. Back in 1949, the man-on-the-street opinion about the stock market was that it was a buncha crooks who were too slick and rich to be hauled off to the paddy wagon like they should. And yet, 1949 was the start of a huge long-term bull market in stocks. Fifteen years later, the same people who cussed out "Wall Street" were buying in to "The People's Capitalism." Stocks became fashionable again at about the same time the miniskirt did. Unfortunately, but not unusually, 1966 was the year the bull market ran out of steam. But the fix was in. Long, long gone were the dark days when the entire volume of the New York Stock Exchange was sometimes less than one million shares in a day. Long gone were the days when the exchange traders, then confined to physically trading with each other on the NYSE trading-room "floor," would stop every now and then to throw a ball around because there was nothing to do.

That time, a time when Wall Street was little more than a fringe numbers-wise and mostly regarded as a bunch of well-heeled crooks, was the time to get into stocks. And the time when stocks were hip in the Mad-Men-esque circuits - well, that was the time to pull back.

Case in point 2: gold. When gold rocketed up to $200 in 1974, the manstream financial press overwhelmingly treated the goldbugs as either a bunch of weirdos - actually, the way they were portrayed was a lot like the current stereotype of preppers - or as hucksterish "Profits of Doom." That was the quasi-MSM portrayal of gold bulls in 1974.

But at the tail end of the 1970s, when gold was approaching its bubble peak of $850, a fully MSM magazine - I think it was TIME - put gold on its cover...as a gold bar with a rocket engine propelling it upwards.

That cover is actually legendary in the contrarian-investor circuit, as exhibit A, B or C for the time to sell out. "You see this kind of press job for your asset, you liquidate pronto and take a nice long vacation!"

Obviously, the current MSM coverage of Bitcoin is uncannily like the financial press' coverage of gold in 1974. We're not portrayed as half-crazed "survivalists," true, but the huckster-and-crook stereotype is quite the norm.

That says to me that Bitcoin is fine and that the long-term bull trend for cryptos is intact. The many people who swear up and down that Bitcoin is nothing but a scam...five years from now, many of them will be using cryptos.

And some of the touchier ones will resent being presented with their earlier words! "Oh, what the hell - people say things like that all the time! What are you, some kind of NSA auditor!?" 

It is surely not an exchange address as exchanges don't tend to make dozens of 1 btc transactions to some clean middle addresses all of wich send the funds to the ether ipo address!
Obviously the guy behind this took measures to enhance his privacy.
Also update:
I found a link of the adresses 1J7uE9XM5KE6XYn9e9YXRprc1Yz1gJH5yD
and the ether IPO address, but there are about 30 or more txs linking them.
It was a pain is the ass finding this as the owner made a chain of txs.
The whole thing looks really interesting though.
I will continue my investigation tommorow.
Hopefully I will end up with a scam address

The address https://blockchain.info/address/1LakAV4yfUQKQXjEsHc4ZvgCYcByNWiZVx has had 1,171.18757667 bitcoins pass through it! Either it's a whale's address, or an exchange's address.