ETH = Game Over - page 29. | Bitcointalksearch.org

bones261

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Quote from: kingorbust on June 18, 2016, 10:37:10 AM

Quote from: thejaytiesto on June 18, 2016, 10:17:08 AM

Excellent writeup. To be honest, ETH has no chances to ever fully recover. Sure, you can expect the price to go up and down for a while, since there is a lot of people involved with deep pockets, but in the long run the thing is done for. Vitalik is acting as if he was Ben Bernanke with all that "hey guys, stop the exchanges" insanity. This is just too deep of a fuckup to recover. I just hope that everyone was able to sold their ETH on Poloniex before it got locked.

I thought the problem was DAO, not ETH. That's like blaming dollar as a currency if some big bank or investment using dollars fails. Sure, it will hurt in the short term but in the long term, why not go up again? BTC has recovered nicely from the same disasters in the past. Mt. Gox hack was 10x worse than this, no, and here wee see BTC climbing to 1000 again. One has to have balls to buy ETH now but it will probably make many people earn lots of money buying cheap ETH now.

Just check out their list of curators. Recognize anyone? Roll Eyes

Bemerand

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Quote from: thejaytiesto on June 18, 2016, 10:17:08 AM

Excellent writeup. To be honest, ETH has no chances to ever fully recover. Sure, you can expect the price to go up and down for a while, since there is a lot of people involved with deep pockets, but in the long run the thing is done for. Vitalik is acting as if he was Ben Bernanke with all that "hey guys, stop the exchanges" insanity. This is just too deep of a fuckup to recover. I just hope that everyone was able to sold their ETH on Poloniex before it got locked.

You said you hope "veryone was able to sold their ETH on Poloniex before it got locked." So what about the buyers?

kingorbust

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Quote from: thejaytiesto on June 18, 2016, 10:17:08 AM

Excellent writeup. To be honest, ETH has no chances to ever fully recover. Sure, you can expect the price to go up and down for a while, since there is a lot of people involved with deep pockets, but in the long run the thing is done for. Vitalik is acting as if he was Ben Bernanke with all that "hey guys, stop the exchanges" insanity. This is just too deep of a fuckup to recover. I just hope that everyone was able to sold their ETH on Poloniex before it got locked.

I thought the problem was DAO, not ETH. That's like blaming dollar as a currency if some big bank or investment using dollars fails. Sure, it will hurt in the short term but in the long term, why not go up again? BTC has recovered nicely from the same disasters in the past. Mt. Gox hack was 10x worse than this, no, and here wee see BTC climbing to 1000 again. One has to have balls to buy ETH now but it will probably make many people earn lots of money buying cheap ETH now.

thejaytiesto

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Excellent writeup. To be honest, ETH has no chances to ever fully recover. Sure, you can expect the price to go up and down for a while, since there is a lot of people involved with deep pockets, but in the long run the thing is done for. Vitalik is acting as if he was Ben Bernanke with all that "hey guys, stop the exchanges" insanity. This is just too deep of a fuckup to recover. I just hope that everyone was able to sold their ETH on Poloniex before it got locked.

worldtreasurefinders

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Here at the forums we're on top of this news and follow it closely, but the outside investment community is still learning about this, digesting it, and is yet to fully react. ETH will definitely trend lower for the next week or so, and then at the 21 day mark when the child DAO either is released or is forcibly stopped, either way on that day those still holding their ETH will dump anew.

Even if you still believe in ETH, stay away for the next month or so until this all fleshes out. Markets hate uncertainty, and ETH is nothing but uncertain right now.

iamnotback

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Quote from: Spoetnik on June 18, 2016, 09:55:33 AM

Every ~~dog~~ spœds has its day.

Enjoy it while it lasts, because tomorrow will bring a new wave attack of mETH zombies.

Spoetnik

legendary

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FUD Philanthropist™

Quote from: Minecache on June 18, 2016, 09:40:34 AM

You're the tard spreading lies and FUD. Classy nice guy ain't yah. Nope.

I am not a nice guy ..i am your worst nightmare mETH head !

GAME OVER
(Insert Coin)

PS:

$ 12.40 (-25.79 %)

STILL Dropping ROFL Grin

Minecache

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Vave.com - Crypto Casino

Quote from: Spoetnik on June 18, 2016, 09:30:28 AM

Where do you all think these bad dev's from before that got hacked went ?

They made new coins then cried..

ETH = DEAD

You're the tard spreading lies and FUD. Classy nice guy ain't yah. Nope.

Spoetnik

legendary

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FUD Philanthropist™

Where do you all think these bad dev's from before that got hacked went ?

They made new coins then cried..

ETH = DEAD

warr1979

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Quote from: alyssa85 on June 17, 2016, 06:19:04 PM

Quote from: smoothie on June 17, 2016, 03:44:05 PM

this is not the first time this type of BS has happened.

Vericoin was one of the earlier ones if not the first to implement a HF to get stolen coins back.

Talk about central planning.

The Vericoin thing was down to the Mintpal hack, wasn't it? And the coin kinda died when they rolled the blocks back.

The worst thing about the DAO hack is that they knew about the problem last year and didn't fix it. If they'd mended it before they raised all that money, all would be well. Whose idea was it to give the fix a low priority?

Minpal was HACKED which led to 8 million vericoin being stolen from a hot wallet. It was not shitty code written by developers who apparently knew for a year and didn't do anything about it!! Also the developers of vericoin have spent two years developing PoS with PoST so if a mintpal type of hack ever happens again they can not control the coin, like they could with having over 50% of the hash rate. https://twitter.com/effectsToCause/status/743890800048750592

Also coming soon to vericoin is Verium which much like gold will be a commodity for Vericoin and further protect and enhance the coin!!

https://www.vericoinforums.com/threads/verium-pow-as-commodity-not-a-currency.1289/

Spoetnik

legendary

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FUD Philanthropist™

ETH is Dead !

My Troops are prepared and TODAY WE BATTLE !

Join the resistance or be slain by the victors !

killerjoegreece

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Professional Native Greek Translator (2000+ done)

Quote from: Spoetnik on June 18, 2016, 05:44:27 AM

Quote from: btcxyzzz on June 18, 2016, 12:16:13 AM

You're trying too hard to dismiss Ethereum. While there is some truth to your claims, look at your yard. Bitcoin is even greater mess than Ethereum. As far as I'm concerned, Ethereum's gonna break the Bitcoin's market cap in few months.

..

Over me and my Penguin FUD army's dead body !

these penguins are ready for battle anytime now.

Spoetnik

legendary

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FUD Philanthropist™

Quote from: btcxyzzz on June 18, 2016, 12:16:13 AM

You're trying too hard to dismiss Ethereum. While there is some truth to your claims, look at your yard. Bitcoin is even greater mess than Ethereum. As far as I'm concerned, Ethereum's gonna break the Bitcoin's market cap in few months.

..

Over me and my Penguin FUD army's dead body !

NattyLiteCoin

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If you don’t believe, why are you here?

Quote from: Spoetnik on June 17, 2016, 11:04:22 PM

@Blazin8888

Workin' together ? LOL

..ya me & Berni Madoff want to put out an ICO scheme you on-board bro ?

mad ROI all around bruh !

And please guys stop with this whole "Active Development" bullshit.
Don't sit there and pretend an ICO scam is "Legit" busy they are "working on it"
..that is just silly bullshit that does NOT prove it's legit in any way !

Take for example the old school Pyramid Schemes that have gone on around the world for ages.
People worked damn hard on those seriously.. go look them up and see.

Get it ?
..or still playin' dumb ?

EDIT:
And if this "Active Development" was so shit hot why did they get hacked and we see the price tanking ?
..yeah some real fine "code" there LOL

After drinking all night, this post is an absolute marvel to read at 645

CryR

full member

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kcin obazs

Ethereum never was a "coin". This DAO For me was a Scam to take all ethers since the start.
I have no doubt it was an inside Job.

RealBitcoin

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

There are 3 options for ETH and in the next 27 days the devs and the ETH community will have to decide on one of them, and in my opinion the results will be the following:

1) They decide to not hardfork in which case the thief gets away with the loot but atleast the integrity of ETH is preserved. The result will probably be a massive selloff of ETH and loss of future confidence in the ETH devs as they failed to provide secure code, it will seriously impact the future growth of ETH which they may or may not recover from.

2) They decide to hardfork, in which case all confidence will be lost in ETH, and it will probably deal a fatal blow to this currency's future, and it will shows as an example how a decentralized currency may not be so decentralized, and a warning to all future altcoin devs to change their attitude. It will impact BTC as well, and many media shills will try to put dirt on BTC's reputation as well.

3) They wait the full 27 days and in the last minute they decide 1) or 2). In this case, the panic and uncertainty will just magnify the negative effects caused by their decision, and whichever they decide upon, the effects will just be much worse.

So by logic they should decide 1) and announce it fast, since the longer they wait the more uncertainty they cause by the inaction.

This is how I see it!

jiefes

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"Should Ethereum Hardfork or Allow Hackers to Run with $50 Million?"
Here you can express respect: http://cointelegraph.com/news/should-ethereum-hardfork-or-allow-hackers-to-run-with-50-million

baomuydtab34261

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I am sorry ,I would't agree with your view, it's Dao's problem not ETH. yet, I have a confidence in ETH.

bitbollo

legendary

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Nec Recisa Recedit

Quote from: NattyLiteCoin on June 17, 2016, 01:55:19 PM

Crazy how litecoin doesn't have these problems.

LTC and ETH are two different alt coins...

But by the way, an hard fork it's even a bad news, and today -30 % on exchange is a bad sign!

MyownBoss

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Quote from: Koamder on June 18, 2016, 03:05:16 AM

Quote from: reb0rn21 on June 17, 2016, 10:55:12 PM

Sure they can recover but only if they don`t fork at all!!! they must let the system work suffer the price penalty over long period of time, maybe even again at 1$ and wait and develop

Or if they fork, trust is lost, it gone be overtaken with some clone for sure

If the bitcoin did not fork in 2010, there is no bitcoin we see today. The fork will improve the Ethereum and we know it will evolve.

TBH the fork is for dumb investors who dont understand crypto or read fine print...They lost their money in a bad investment and want the entirety of ethereum to compensate.

DID BTC FORK FOR MT.GOX? bitcoin forked because the system was broken. ethereum is perfectly secure. the dao wasn't not our (miners) problem that investors DONT FUCKING READ. dont fucking know a thing about crypto then get ripped off and scream for capital controls...stupid fucking people.

Topic: ETH = Game Over - page 29. (Read 40467 times)