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Topic: ETH = Game Over - page 26. (Read 40467 times)

sr. member
Activity: 336
Merit: 265
June 19, 2016, 10:26:24 PM

Anyone know more about the author's background? Any LinkedIn? I am curious because he said he works for DASH.

I was in the midst of writing a similar post (here is the post), but with somewhat different conclusions.

So Ira Miller appears to now be a key coder for Dash?

https://www.youtube.com/watch?v=qzgUGU_RMGI#t=480

https://en.bitcoin.it/wiki/Coinapult

Appearently the Dash dev-team was thinking about this a lot more in depth then any of us could have guessed :

https://dashtalk.org/threads/prioritization-of-fiat-gateways.8457/

Quote
Fiat access ramps development will be prioritized by the core team over PR and advertising during the next few months

...

The core team sees a need to strengthen direct FIAT access ramps to Dash in order to move into our next growth phase. We need to nurture the development of a rich ecosystem of user oriented applications.
Different user oriented applications are being created for Dash, like crypto ATMs, point of sale solutions, payment gateways, etc.  Nevertheless we are currently missing one fundamental layer - all these user applications need more liquid and better FIAT – DASH exchange services to clear on, including fixed price broker services, instant FIAT exchange, bid/ask FIAT exchanges, etc.

...

Coinapult Integration

As part of this project, Dash will be integrated to Coinapult. Coinapult is a Bitcoin wallet service provider. Coinapult offers online consumer and B2B services to a global market. It was founded in 2012 by Ira Miller and Erik Voorhees and was the first to offer bitcoin e-wallet services by email and SMS. In 2014, Coinapult was first to market with Locks, a service to help mitigate the price volatility of Bitcoin.
Ira Miller sold Coinapult in 2015 and remains an external advisor and provider of backend tools. Current CEO of Coinapult Gabriel Sukenik is leading the company to new frontiers, they recently integrated with Mycelium to offer Bitcoin locking services directly from the Mycelium app.
Coinapult will be integrating Dash to all of their existing services which include fully convertible USD accounts for DASH. Dash will be the first crypto-currency, other than Bitcoin, to be added to this service.
More partners are expected to join this consortium over time. For example, Mycelium is already integrated with Coinapult. With Dash’s being added to Coinapult too, that brings us one step closer to convertible to USD mobile accounts.
newbie
Activity: 50
Merit: 0
June 19, 2016, 08:27:45 PM
ETH will resurge, mark my words its a good time to buy in the upcoming days because it will rise again to its peaks Smiley

It will fall under 10$. Mark my words

ETH could easily go under $0.25 (less than 25 cents), and I am not attempting to buy cheap crap.

Then I will buy loads of ETH if that ever happens.

Ditto...would definitely buy up ETH if it dropped that low.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
June 19, 2016, 08:23:11 PM
The people who bought bitcoin at $800, or $900, or $1,000 might beg to differ that bitcoin is not risky. So would the people who experienced bitcoin drop from $1,000 in 2014 to $200 in 2015. Whether or not that volatility is a "systemic risk," some people lose plenty in the bitcoin lottery.

I didnt said its not risky, i said that it probably doesnt have big impending systemic risk in it.

Price volatility =/= shitty code that could crash the price to 0.

It's not "bitcoin lottery", it's called a market.

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.

Actually "Newbie" the WORLD regards it as a "Currency"
And that is who matters.. not crypto nerd investard blow hards on 'The Talk.
newbie
Activity: 42
Merit: 0
June 19, 2016, 07:48:18 PM
The people who bought bitcoin at $800, or $900, or $1,000 might beg to differ that bitcoin is not risky. So would the people who experienced bitcoin drop from $1,000 in 2014 to $200 in 2015. Whether or not that volatility is a "systemic risk," some people lose plenty in the bitcoin lottery.

I didnt said its not risky, i said that it probably doesnt have big impending systemic risk in it.

Price volatility =/= shitty code that could crash the price to 0.

It's not "bitcoin lottery", it's called a market.

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.
sr. member
Activity: 336
Merit: 265
June 19, 2016, 07:48:02 PM
ETH could easily go under $0.25 (less than 25 cents), and I am not attempting to buy cheap crap.

Then I will buy loads of ETH if that ever happens.

sr. member
Activity: 393
Merit: 297
June 19, 2016, 07:43:59 PM
ETH will resurge, mark my words its a good time to buy in the upcoming days because it will rise again to its peaks Smiley

It will fall under 10$. Mark my words

ETH could easily go under $0.25 (less than 25 cents), and I am not attempting to buy cheap crap.

Then I will buy loads of ETH if that ever happens.
sr. member
Activity: 437
Merit: 250
June 19, 2016, 05:45:00 PM
With ethereum and DAO we can see that only mass advertising is already able to encourage crowds without knowledge invest crazily. But I never liked ether, working with a coin with an endless inflation is a scheduled disaster.

..."INTHEOREUM

ULTRA-CENTRALIZED TURING INCOMPLETE ARBITRARY TRUST APPLICATION ECONOMY

BASED ON BOBCHAIN TECHNOLOGY"...
  Grin
hero member
Activity: 966
Merit: 507
June 19, 2016, 05:16:37 PM
An interesting reflection. But I have always wondered if all this technical specification are really taken into account by speculators. Unfortunately this interesting digital economy has become a speculative market where sometimes it is more important your financial ability rather than your technical knowledge.

And that is why I think we will still have lots of ethereum lovers and enthusiasts for long.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
June 19, 2016, 05:10:36 PM
ETH will resurge, mark my words its a good time to buy in the upcoming days because it will rise again to its peaks Smiley

It will fall under 10$. Mark my words

ETH could easily go under $0.25 (less than 25 cents), and I am not attempting to buy cheap crap.
hero member
Activity: 531
Merit: 500
June 19, 2016, 04:37:14 PM
ETH will resurge, mark my words its a good time to buy in the upcoming days because it will rise again to its peaks Smiley

It will fall under 10$. Mark my words
sr. member
Activity: 420
Merit: 250
June 19, 2016, 04:12:21 PM
ETH will resurge, mark my words its a good time to buy in the upcoming days because it will rise again to its peaks Smiley
sr. member
Activity: 336
Merit: 265
June 19, 2016, 04:10:33 PM
I'm looking forward to the smart contract that guarantees a miner a million ETH for processing the "attacker" transactions. Someone will be bought. And I'll be ready with popped corn.

I agree. I doubt the attacker is done. He has a counter move. I know the attacker from past debates with him.

Those buying ETH at $12 are taking a risk. The carnage may not be over yet.

He is probably letting more fools go long (to maximize the lesson he is trying to teach them) before he renews his 2000 BTC shorts and attacks anew.
legendary
Activity: 1260
Merit: 1116
June 19, 2016, 04:02:47 PM
I'm looking forward to the smart contract that guarantees a miner a million ETH for processing the "attacker" transactions. Someone will be bought. And I'll be ready with popped corn.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
June 19, 2016, 03:58:04 PM
ETH is down and maybe out. But let's stop kidding ourselves....

"Let's stop kidding ourselves"
OK
Let's stop kidding ourselves:
Why was he able to raise over $150M for the DAO, before prices crashed?

And...
How can we prevent the next 'scammer' from raising over $100M?
sr. member
Activity: 385
Merit: 250
June 19, 2016, 03:49:14 PM
There was a discussion of implementing the soft fork, but not the hard fork. That is would reduce the available Ethereum supply.
legendary
Activity: 3262
Merit: 3675
Top Crypto Casino
June 19, 2016, 03:29:35 PM
I think Ethereum recover and take his position again.
Yes, I will agree that the latest news was hit much interest in the project. Let's see what will be on.
legendary
Activity: 1260
Merit: 1116
June 19, 2016, 03:40:43 PM
I think Ethereum recover and take his position again.
Yes, I will agree that the latest news was hit much interest in the project. Let's see what will be on.

The soft fork is set to confiscate any funds running an instance of the DAO code, not just TheDAO. The risk of asset forfeiture is exactly why I got into crypto.

No...wait...
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
June 19, 2016, 03:21:36 PM
The people who bought bitcoin at $800, or $900, or $1,000 might beg to differ that bitcoin is not risky. So would the people who experienced bitcoin drop from $1,000 in 2014 to $200 in 2015. Whether or not that volatility is a "systemic risk," some people lose plenty in the bitcoin lottery.

I didnt said its not risky, i said that it probably doesnt have big impending systemic risk in it.

Price volatility =/= shitty code that could crash the price to 0.

It's not "bitcoin lottery", it's called a market.
newbie
Activity: 42
Merit: 0
June 19, 2016, 03:05:43 PM
The people who bought bitcoin at $800, or $900, or $1,000 might beg to differ that bitcoin is not risky. So would the people who experienced bitcoin drop from $1,000 in 2014 to $200 in 2015. Whether or not that volatility is a "systemic risk," some people lose plenty in the bitcoin lottery.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
June 19, 2016, 02:43:50 PM
ETH is down and maybe out. But let's stop kidding ourselves. We all know all that these cryptocurrencies are just a bunch of cryptolottery tickets.  All that fancy schmancy coding just to operate a lottery.

There are still another 500+ cryptocurrencies left. Anybody who loses money in these lotteries had it coming. Gamblers need to learn that the odds favor the house, not the gambler. And if you don't know who the house is, it's probably not you.

Bitcoin has operated 7 years almost flawlessly, with really no big systemic risk on it.

Most fiat currencies dont last more than 15 years, so not all cryptos are "lottery"...
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