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Topic: ETH = Game Over - page 15. (Read 40482 times)

legendary
Activity: 1288
Merit: 1087
August 01, 2016, 09:52:22 AM
The old chain does not have a hacker or a group of thieves owning a large number of the Ethereums.

until enough trading takes place, and I guess that's happening now, etc has identical owners with the exclusion of those who weren't refunded and addition of the dao attacker.
full member
Activity: 226
Merit: 100
August 01, 2016, 09:47:47 AM
It is weakness of ethereum, it is time for wait updating and innovation from developer of ethereum. If there are many updating from developer maybe ethereum will be survive. And if there are not anything it is time for ethereum is game over.

There is no need to worry about the develolpment of the Ethereum. The Foundation has lots of ETC and ETH.
hero member
Activity: 518
Merit: 500
August 01, 2016, 05:01:10 AM
It is weakness of ethereum, it is time for wait updating and innovation from developer of ethereum. If there are many updating from developer maybe ethereum will be survive. And if there are not anything it is time for ethereum is game over.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
August 01, 2016, 04:34:23 AM
disintermediation

The Ethereum Classic community just wants to be left alone to be free to assemble and worship and speak as they please.

It's the Ethereum Reformation.

The Classic Prots are sick of Pope Butarin bailing out his cronies.

They don't want or need anyone between them and their Holy Blockchain, interpreting which transactions are valid or ethical or whatever, and reverting written history as convenient or expedient.
full member
Activity: 236
Merit: 100
August 01, 2016, 02:35:53 AM
I think they call it survival of the fittest.

Why is STEEM successful in growing a new community?

Because STEEM gives people more money for doing nothing different.

Ethereum Classic is just applying the same principle.  Give people more money for doing exactly what you were just doing.  Who wouldn't want a free raise to your paycheck?

The disintermediation continues.  Just look what the Ether Classic community has done to the Ether Hardfork crowd.  It turned a peaceful folk into a warring nation hell bent on wiping another (equally peaceful) community off the face of the earth. The Ethereum Classic community just wants to be left alone to be free to assemble and worship and speak as they please.  They do not attack other communities.

If you ask me which of the 2 new chains resemble the old one more, I would say it's pretty obvious.

The old chain does not have a hacker or a group of thieves owning a large number of the Ethereums.
hero member
Activity: 770
Merit: 629
August 01, 2016, 12:25:10 AM
Surely its only a matter of time before people realise that right now they can have a coin that is 99.99% the same for one seventh of the price. 

From a game theory perspective I can't really see any logical reason that the miners and bagholders wouldn't eventually switch from ETH to ETC when there is that sort of gain to be had at very little logistical cost.

Indeed.
full member
Activity: 169
Merit: 100
August 01, 2016, 12:15:48 AM
Surely its only a matter of time before people realise that right now they can have a coin that is 99.99% the same for one seventh of the price. 

From a game theory perspective I can't really see any logical reason that the miners and bagholders wouldn't eventually switch from ETH to ETC when there is that sort of gain to be had at very little logistical cost.
newbie
Activity: 23
Merit: 0
July 31, 2016, 10:45:02 PM
When the hacker starts to dump his/her ETC coins, the ETC price will crash and the miner will desert it.

Happened this year in Bitcoin/Litecoin land. First the hacker will play the ETC market, crash it, then play the ETH market and crash it. Both sides will stand to lose, because one side decided to aid the hacker, who can live a fruitful life in paradise having bought out a few banks.
legendary
Activity: 868
Merit: 1006
July 31, 2016, 02:08:02 PM
It seems the Ethereum game will not be over for now. The combined market cap is even higher now.
Indeed, very interesting, but this can not last forever, only one coin can remain, and for the sake of common sense, let's hope that ETC survives. The original chain is the one that deserves it.
legendary
Activity: 1120
Merit: 1000
July 31, 2016, 01:08:50 PM
GNSP!!!!!!!!!111
sr. member
Activity: 358
Merit: 250
July 31, 2016, 12:24:52 PM
It seems the Ethereum game will not be over for now. The combined market cap is even higher now.
full member
Activity: 226
Merit: 100
July 30, 2016, 11:55:10 AM
Hacker has 3.6 million, not 6. These funds are locked in the "child-dark-dao" at address http://gastracker.io/addr/0x10abb5efecdc09581f8b7cb95791fe2936790b4e for another 27 days.
It's not a serious problem.

Much more bigger problem is that Vitalik & co owns 7.6 million ETC from TheDAO. http://gastracker.io/addr/0xb136707642a4ea12fb4bae820f03d2562ebff487
http://gastracker.io/addr/0x84ef4b2357079cd7a7c69fd7a37cd0609a679106
Vitalik is another DAO hacker.

And 12 million ETC premine also belongs to Vitalik & co.

I wonder if those 12+7.6+3.6 = 23 million ETC are dumped to the market, what will the price of ETC?
sr. member
Activity: 364
Merit: 250
July 30, 2016, 05:32:54 AM
Hacker has 3.6 million, not 6. These funds are locked in the "child-dark-dao" at address http://gastracker.io/addr/0x10abb5efecdc09581f8b7cb95791fe2936790b4e for another 27 days.
It's not a serious problem.

Much more bigger problem is that Vitalik & co owns 7.6 million ETC from TheDAO. http://gastracker.io/addr/0xb136707642a4ea12fb4bae820f03d2562ebff487
http://gastracker.io/addr/0x84ef4b2357079cd7a7c69fd7a37cd0609a679106
Vitalik is another DAO hacker.

And 12 million ETC premine also belongs to Vitalik & co.
hero member
Activity: 1288
Merit: 645
July 30, 2016, 03:26:35 AM
The difficulty and price  of the ETC is about 12% of the ETH. That is a good achievement. Will that last?

I dont know but my theory is that every equal or similar thing eventually balances out at 50%, which could happen with ETC/ETH as well.

It depends on the enviroment and the shilling vs censorship factors.

When the hacker starts to dump his/her ETC coins, the ETC price will crash and the miner will desert it.

hacker has 6 mıllıon or somethınk lıke that. and there ıs 90 mıllıon eth also. and some people has lots of mıllıon eth too. there ıs no reason to dump mıllıons of coıns at the same tıme. why people thıns hacker wıll dump 6 mıllıon etc at the same tıme Cheesy he should be stupıd to do that.
full member
Activity: 236
Merit: 100
July 30, 2016, 03:17:53 AM
The difficulty and price  of the ETC is about 12% of the ETH. That is a good achievement. Will that last?

I dont know but my theory is that every equal or similar thing eventually balances out at 50%, which could happen with ETC/ETH as well.

It depends on the enviroment and the shilling vs censorship factors.

When the hacker starts to dump his/her ETC coins, the ETC price will crash and the miner will desert it.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
July 29, 2016, 10:34:59 AM
The difficulty and price  of the ETC is about 12% of the ETH. That is a good achievement. Will that last?

I dont know but my theory is that every equal or similar thing eventually balances out at 50%, which could happen with ETC/ETH as well.

It depends on the enviroment and the shilling vs censorship factors.
hero member
Activity: 752
Merit: 501
July 29, 2016, 04:15:45 AM
The difficulty and price  of the ETC is about 12% of the ETH. That is a good achievement. Will that last?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
July 27, 2016, 11:36:46 PM

Next up, Vitalik in his Führerbunker hears the news ETC is trading/hashing at ~20% of BETH.

The prequel:

https://www.youtube.com/watch?v=Wu638L-iVt8

 Cheesy
legendary
Activity: 1260
Merit: 1116
July 27, 2016, 05:27:09 PM
So you guys think Ethereum will ever make a comeback? I picked up a online ethereum wallet and put some ether in it.

There's definitely some advantages to Eth but I do believe the DAO will slowly fall and eventually die. Oh, and faster block times don't really mean a whole lot.

Which ones?
You know the 10 second ones. As compared to BTCs 2 hours.

For those times you absolutely, positively got to have your honey puffs. I hear you. But you still have to wait for the mail.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
July 27, 2016, 05:23:47 PM
So you guys think Ethereum will ever make a comeback? I picked up a online ethereum wallet and put some ether in it.

There's definitely some advantages to Eth but I do believe the DAO will slowly fall and eventually die. Oh, and faster block times don't really mean a whole lot.

Which ones?
You know the 10 second ones. As compared to BTCs 2 hours.
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