ETH = Game Over - page 25. | Bitcointalksearch.org

regexlove

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Quote from: RealBitcoin on June 20, 2016, 12:42:29 PM

Quote from: regexlove on June 20, 2016, 12:29:00 PM

Quote from: RealBitcoin on June 20, 2016, 08:07:02 AM

Quote from: regexlove on June 20, 2016, 06:24:04 AM

So you agree that this is about TheDAO and your thread-title is wrong

I'm just so fed up with FUD - so here is some attempted counter-measure:
https://www.betmoose.com/bet/ethereum-eth-in-usd-one-month-from-now-1960?ref=regexlove
(And about TheDAO: https://www.betmoose.com/bet/price-worth-of-thedao-dao-in-eth-in-1-month-1962?ref=regexlove )

Participate if you dare.
As long as you don't change the title of the topic i expect you to set a huge bet/s on a low price!

No i dont agree, its about Ethereum since ethereum has the bugs not the dao, dao only did what the code allowed it to do, but because eth was improperly developed it made the dao insecure.

A turing complete language can never be secure, because you cant isolate bugs between contracts.

It's like building a castle on quicksand.

Go ahead, put some money where your mouth is!
(My bets are raising accordingly)

Your prediction is too arbitrary, i cannot know ahead if eth fails in 1 month or 2 or 3.

I think that it will probably fail in the future, in the close future,as a concept & technology ,but i cannot forecast the price based based on this, it would be too random.

There are still speculators manipulating the price even as we speak, how can you be sure about your forecast?

The point is that your thread is timed to support fear beyond reasonable and very short-lived.
The prediction is that Ethereum will not have "died" and the market will most likely be more calm in 1 month than it is now.
The accuracy is up to you, one can bet on up to 4 in 5 options making it very broad but still win.
Me or anyone will surely be happy to post another about the average price from July until X, if that could make you support your position eventually? Wink

(There is one about the bottom price until 2017 already: https://www.betmoose.com/bet/predict-the-bottom-of-eth-1965#?ref=regexlove )

RealBitcoin

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

Yes ETH right now is 11.83, yesterday was ~13$. I think it looks like it has a downward trend.

I`m not a good forecaster but even I can see where this is going.

I`m just so glad I havent had more than 0.1 ethereum ever... Those big bagholders must be very scared now.

I felt many months ago that it was not a good investment...

Bit_Happy

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Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: BitUsher on June 18, 2016, 07:03:59 PM

Quote from: Bit_Happy on June 18, 2016, 06:53:24 PM

Prices are falling again on btc-e (slowly for now), and look to be set up for another huge step down!!
Do you think I am simply trolling to try to buy cheaper ETH? Grin

If you are than you wouldn't hint at it. Trolling or waiting to dump some more mETH.

Good discussion here- https://www.youtube.com/watch?v=Swdb-Z_4JmI

We have seen new lows since my last "prediction" and we have a similar pattern (on btc-e) now, the ETH market seems to be set up for a big sell.
Best wishes no matter which side of the garbage pile you are sitting...

sildyas

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Quote from: BitcoinArsenal on June 20, 2016, 12:50:26 PM

Ethereum will survice this. But it has lost its clean image.

If it does survive and come back stronger, then it is good. It is still new and in growth phase. It is growth pain.

BitcoinArsenal

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Merit: 556

Ethereum will survive this. But it has lost its clean image.

AlphaSun

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Activity: 226

Merit: 100

Quote from: RealBitcoin on June 20, 2016, 12:42:29 PM

Quote from: regexlove on June 20, 2016, 12:29:00 PM

Go ahead, put some money where your mouth is!
(My bets are raising accordingly)

Your prediction is too arbitrary, i cannot know ahead if eth fails in 1 month or 2 or 3.

I think that it will probably fail in the future, in the close future,as a concept & technology ,but i cannot forecast the price based based on this, it would be too random.

There are still speculators manipulating the price even as we speak, how can you be sure about your forecast?

It is difficult to predict the price. I thought the price could be $5 by now, but is still above $12. It has strong community support.

RealBitcoin

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Activity: 854

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: regexlove on June 20, 2016, 12:29:00 PM

Go ahead, put some money where your mouth is!
(My bets are raising accordingly)

Your prediction is too arbitrary, i cannot know ahead if eth fails in 1 month or 2 or 3.

I think that it will probably fail in the future, in the close future,as a concept & technology ,but i cannot forecast the price based based on this, it would be too random.

There are still speculators manipulating the price even as we speak, how can you be sure about your forecast?

regexlove

full member

Activity: 608

Merit: 100

Quote from: RealBitcoin on June 20, 2016, 08:07:02 AM

Quote from: regexlove on June 20, 2016, 06:24:04 AM

So you agree that this is about TheDAO and your thread-title is wrong

I'm just so fed up with FUD - so here is some attempted counter-measure:
https://www.betmoose.com/bet/ethereum-eth-in-usd-one-month-from-now-1960?ref=regexlove
(And about TheDAO: https://www.betmoose.com/bet/price-worth-of-thedao-dao-in-eth-in-1-month-1962?ref=regexlove )

Participate if you dare.
As long as you don't change the title of the topic i expect you to set a huge bet/s on a low price!

No i dont agree, its about Ethereum since ethereum has the bugs not the dao, dao only did what the code allowed it to do, but because eth was improperly developed it made the dao insecure.

A turing complete language can never be secure, because you cant isolate bugs between contracts.

It's like building a castle on quicksand.

Go ahead, put some money where your mouth is!
(My bets are raising accordingly)

Btcvilla

sr. member

Activity: 1078

Merit: 270

Meanwhile... its still not burning down.

Yet

iamnotback

sr. member

Activity: 336

Merit: 265

Game Over Butalik. Checkmate:

Quote from: iamnotback on June 20, 2016, 09:50:25 AM

Quote from: Minecache on June 20, 2016, 09:43:14 AM

Quote from: spartak_t on June 20, 2016, 02:29:40 AM

Quote from: TreeAcid on June 20, 2016, 02:26:59 AM

I don't think it's funny, it's savvy. A coder found an exploit and took advantage of it. Let's stop this good samaritan bullshit, if you had 3M ether you would travel, do anything you wanted really. You wouldn't have an aristocratic sense to return it, lol.

I would return them...

I would return them too.

That is because you n00bs don't understand that when you break Nash equilibrium, then you destroy your block chain forever:

https://bitcointalksearch.org/topic/m.15292630

minhkhoa

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I bought in now because I trust the people of the Ethereum Foundation and I think they deserve that you believe in them. This is incredible technology and I am advertising this to each and everyone I know to buy into it be it now or t+30. I sincerely hope Ethereum will recover faster from this incident than Bitcoin - it has a lot to offer.

HeroCat

hero member

Activity: 658

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Doge is then better, at least a lot of traditional users. Many websites, which use Doge and so on. Wink

Koamder

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Quote from: BitUsher on June 20, 2016, 08:00:39 AM

Quote from: bazar165g on June 20, 2016, 06:26:14 AM

I hardly think that ETH game is over may be the blockchain has given us another chance to reinvest in ETH.
MAY BE..MY 2 CENTS.

Shitcoins usually have a long life . You can still buy paycoin for $ 0.009534 . When we say over we mean interest starts to slowly fade, devs start dropping off and move to other projects , and the price slowly capitulating. Those investing now will be playing a game of hot potato because this project days are numbered. The writing is on the wall. Ethereum is inherently insecure as we have always warned.

It is getting worse. The DAOAttaker is playing with all the ethereum devs and staying one step ahead.

http://pastebin.com/9MRVDC9h

How can you trust those thieves?

RealBitcoin

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: regexlove on June 20, 2016, 06:24:04 AM

So you agree that this is about TheDAO and your thread-title is wrong

I'm just so fed up with FUD - so here is some attempted counter-measure:
https://www.betmoose.com/bet/ethereum-eth-in-usd-one-month-from-now-1960?ref=regexlove
(And about TheDAO: https://www.betmoose.com/bet/price-worth-of-thedao-dao-in-eth-in-1-month-1962?ref=regexlove )

Participate if you dare.
As long as you don't change the title of the topic i expect you to set a huge bet/s on a low price!

No i dont agree, its about Ethereum since ethereum has the bugs not the dao, dao only did what the code allowed it to do, but because eth was improperly developed it made the dao insecure.

A turing complete language can never be secure, because you cant isolate bugs between contracts.

It's like building a castle on quicksand.

BitUsher

legendary

Activity: 994

Merit: 1035

Quote from: bazar165g on June 20, 2016, 06:26:14 AM

I hardly think that ETH game is over may be the blockchain has given us another chance to reinvest in ETH.
MAY BE..MY 2 CENTS.

Shitcoins usually have a long life . You can still buy paycoin for $ 0.009534 . When we say over we mean interest starts to slowly fade, devs start dropping off and move to other projects , and the price slowly capitulating. Those investing now will be playing a game of hot potato because this project days are numbered. The writing is on the wall. Ethereum is inherently insecure as we have always warned.

It is getting worse. The DAOAttaker is playing with all the ethereum devs and staying one step ahead.

http://pastebin.com/9MRVDC9h

bazar165g

sr. member

Activity: 500

Merit: 250

I hardly think that ETH game is over may be the blockchain has given us another chance to reinvest in ETH.
MAY BE..MY 2 CENTS.

regexlove

full member

Activity: 608

Merit: 100

So you agree that this is about TheDAO and your thread-title is wrong

I'm just so fed up with FUD - so here is some attempted counter-measure:
https://www.betmoose.com/bet/ethereum-eth-in-usd-one-month-from-now-1960?ref=regexlove
(And about TheDAO: https://www.betmoose.com/bet/price-worth-of-thedao-dao-in-eth-in-1-month-1962?ref=regexlove )

Participate if you dare. i expect you to set a huge bet on a low price! (As long as you don't change the title of the topic)

RealBitcoin

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Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: regexlove on June 20, 2016, 05:33:03 AM

oh, so you also think it is part of "bitcoin's character/brand" to stop growing once a limit of transactions per second is reached?

No, I`m saying that the sidechain approach is much more elegant and secure and decentralized, as a scaling option.

Hardfork for bitcoin is not an option, it only leads to centralization and abuse of power.

Quote

Could be true about most software.
- I said if number of bugs fixed on github and market-cap were correlated, then the ETH dump would be unnecessary.
Again, what happened was only a TheDAO bug. Which should remind people, that the code should still have been in a beta/test phase, considering that it is both new and that the huge amount of money is a higher 'incentive' for hackers than other projects, holding much less money still.

Then why it was advertised? Why did they plan to release anything significant until all bugs were fixed?

It's like a car company that tries to sell a car with 3 wheels, and then blames the buyer for buying it.

Quote

I was ironic, trying to say none of your points justify the title of the tread.
-
If the community can collectively decide to fork or anything, that will be a great
prove of spontaneous decentral governance/correction,
it will simply undo the theft but noway change the decentralized nature.

Fork or hard fork are not bad words but rather general. To declare it to be deadly to ETH, that developers even mentioned the obvious options,
is more of an attempt to confuse in favor of the FUD, dump&pump these days, in this context.

The positive part of 'distributed' is 'democratic'!
The fear is 'zombie robots immune to correction'!
A community able to clearly decide something will be a vital-sign!

At this point it doesnt matter what happens, ethereum will end up in bad situation in any outcome. Some outcomes are worse than others but all are bad.

Quote

Prove it!

A benevolent dictator is still a dictator.

Quote

What do you refer to?
Nothing happened these days to change the trust in their skills or to even change the decentralization of the whole network
I thought you were against single people having with high authority/influence in programming decisions.
Luckly there are many people reviewing the open source code.

Well the bug was a pretty big thing, that probably made many people lose their trust in devs.

You dont start selling a car with 3 wheels, and then advertise it as a wonderful DAO that can change humanity, when they cant even bugtest it properly.

Quote

Thanks, you may also want to correct your calculation of blockchain size. 89kb is not the "average blocksize" but the maximum. https://etherchain.org/statistics/basic

The maximum will be hit eventually, and ETH doesnt have elegant scaling solution like sidechains, so it will have to be hardforked.

Which will add even bigger blocksizes, so the blockchain will be very fast very big, and only datacenters can hold it soon.

RealBitcoin

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Quote from: Karolus on June 19, 2016, 07:48:18 PM

Yes, one can describe a lottery as a market: a market for luck. No currency typically has the huge volatility that bitcoin has. That volatility is one reason only an extremely tiny minority regards bitcoin as a currency.

It's a market, period. I suggest you to learn how a market works, it has a very delicate mechanism that adjusts the price.

Yes high volatility is not preferable to investors, but it's preferable to traders. And the more traders join, the less volatile it becomes.

Add then the technical stability of bitcoin, and it can become a full currency in the next years if everything goes fine.

Which cannot be said for ethereum, as it just demonstrated that it's not technically stable, and no advertising can change that.

regexlove

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Quote from: RealBitcoin on June 19, 2016, 03:55:18 AM

Quote from: regexlove on June 18, 2016, 09:18:22 PM

a) All blockchain software is evolving, just like bitcoin may needs to change block-size soon. Any blockchain could come up with the future option to only require most nodes to verify history for a minimum of x years, while other full 'archive nodes' get extra reward.

Evolving into what? Bitcoin wont change the blocksize because its the only variable that gives it stability.

oh, so you also think it is part of "bitcoin's character/brand" to stop growing once a limit of transactions per second is reached?

Quote from: regexlove on June 18, 2016, 09:18:22 PM

Quote

c) Wreckless? Prove it. On Github about 2200 Bitcoin Bugs were documented to be fixed and 1300 for Ethereum. Few other crypto economy projects have 150-500 bugs fixed while most are below 150 - so is TheDAO! (only 37 yet)

Just because bugs werent detected that deosnt mean they arent there. There are most likely many more hundreds of 0 day bugs in it waiting to be discovered.

Could be true about most software.
- I said if number of bugs fixed on github and market-cap were correlated, then the ETH dump would be unnecessary.
Again, what happened was only a TheDAO bug. Which should remind people, that the code should still have been in a beta/test phase, considering that it is both new and that the huge amount of money is a higher 'incentive' for hackers than other projects, holding much less money still.

Quote

g) Centralized, how exactly? More than Ripple?
h) They are not deciding it nor are they able to.
They are only taking their responsibility to inform the public about the options that the public has. And these are obvious options that could apply to many other Blockchains (Crypto currencies) too and at any time.
i) not even the bitcoinXT propsal killed bitcoin, did it? Wink

Dont compare it to ripple. I`m pretty sure they called to action all nodes and exchanges to tell them what to do.

I was ironic, trying to say none of your points justify the title of the thread.
-
If the community can collectively decide to fork or anything, that will be a great
prove of spontaneous decentral governance/correction,
it will simply undo the theft but noway change the decentralized nature.

Fork or hard fork are not bad words but rather general. To declare it to be deadly to ETH, that developers even mentioned the obvious options,
is more of an attempt to confuse in favor of the FUD, dump&pump in the context of these days.

The positive part of 'distributed' is 'democratic'!
The fear is 'zombie robots immune to correction'!
A community able to clearly decide something will be a vital-sign!

Quote

Now they might not obey them ,but still its a command & control currency.

BitcoinXT had barely any legitimacy, the ETH devs obviously have a lot in ETH.

Prove it!

Quote

j) It was a temporary idea during evaluating the incident. They made sure to cancel this request within 2 hours, since it was not necessary.
https://www.reddit.com/r/ethereum/comments/4oif2x/dao_attack_exchanges_please_pause_eth_and_dao/
Exchanges did not or hardly react on this.

Ok so it was temporary, i can accept that, so i will remove this point from the OP.

Still not the best course of action in my opinion, but at least it was short lived.

I understand the urgency and the heat of action, but still this was a command & control approach.

Thanks, you may also want to correct your calculation of blockchain size. 89kb is not the "average blocksize" but the maximum. https://etherchain.org/statistics/basic

Quote

k) There are more possible solution and mild ones. This is mainly about a TheDAO bugh - the only thing serious is that the subject of discussion also hold ~4.5% of Ethereums market capitalization = ~3 month worth of Ethereum's mining production = inflation
(- Still Rather tiny compared to the speed Etherum was rising in the last two years despite inflation.)

It was the trust that was broken, the trust in devs, the trust in their skills and the trust in their decentralization promises. That causes more damage than just the missing ethereum.

What do you refer to?
Nothing happened these days to change the trust in the Ethereum developer's skills (nor even potentially changing the decentralization of the whole network as explained above)
I just thought you were afraid of single people having high authority/influence in programming decisions. But now it sounds like arguing it is mandatory for Ethereum to stay alive? There are many people reviewing the open source code.

Topic: ETH = Game Over - page 25. (Read 40482 times)