Ethereum down, Bitcoin up | Bitcointalksearch.org

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

https://blog.ethereum.org/2016/06/28/security-alert-dos-vulnerability-in-the-soft-fork/

Quote

An attack vector has been identified in the freshly released implementation of the DAO soft fork. The fork enactment code in geth (and other clients) allows execution of EVM code up to the block gas limit without paying for gas. This can slow down mining and prevent inclusion of legitimate transactions.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: nknarula on June 28, 2016, 09:23:29 PM

I will be surprised if Microsoft lets Ethereum fail... At this stage.

I will be surprised if Microsoft doesn't distance their relationship with such epic Ethereum fail..... At this stage

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: nknarula on June 28, 2016, 09:23:29 PM

I will be surprised if Microsoft lets Ethereum fail... At this stage.

Word around the campfire: the next version of Windows will require ETH tokens to run Excel. But you didn't hear that from me.

nknarula

newbie

Activity: 60

Merit: 0

I will be surprised if Microsoft lets Ethereum fail... At this stage.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Recruitment numbers are down all over town this quarter.

Is that topical?

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

A quim is the sinful part of a lady's toilet area. Luckily I shy away from such things these days. Anyway let's not distract those who wish to gloat over ETH.

BeefUsher

newbie

Activity: 14

Merit: 0

Etherium down; Bitcoin down (-3.06%) :&

The Sceptical Chymist

legendary

Activity: 3528

Merit: 7005

Top Crypto Casino

Quote from: gentlemand on June 28, 2016, 01:25:21 PM

People traded coins on Cryptsy that didn't even have a functioning blockchain any more. ETH would probably need to personally come around and punch your grandma in the quim before people walked away now.

QUIM. What is that exactly? Never heard that word before.

So ETH is a garbage coin now or what? After the DAO news it tanked but then rebounded and now is down again. And the other related coins, waves and lisk, have also been flushed down the toilet. Not sure if all this is due to bitcoin rocketing to the moon or not. But I would not touch ETH with a ten foot quim.

Alley

legendary

Activity: 910

Merit: 1000

ETH is entering a bear market. I can't see anybody actually trusting it enough to actually use it for a smart contract. Trading will be the only purpose for a while and it will get shorted into the ground.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quim punching is something of a family tradition. It's the only way we have of expressing affection even when some of us aren't quim owners.

protokol

legendary

Activity: 1188

Merit: 1016

Quote from: gentlemand on June 28, 2016, 01:25:21 PM

punch your grandma in the quim

Just quoting because more people need to start using the word "quim". Especially in relation to assaulting family members... As you were. Tongue

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

This should push Bitcoin up.
However, it may pull it down along with other digital currencies due to potential problems spotted that could be transferred from eth to btc!
People may also have transferred to Eth and then given up on crypto currency altogether due to the problem (though this one should be a minority)!

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

I'd feel bad for anyone who lost out if ETH really did falter properly but it's a salutary lesson in not running before you can walk.

I know Core types get lots of stick for being conservative among many other things but here's the reason why.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Eth is fucked beyond repair, wait if/until the dao money is returned and a lot of people will take it and run to the nearest exchange to buy btc.....

BeefUsher

newbie

Activity: 14

Merit: 0

What's probably going on is all the money is disappearing >>here

InvoKing

legendary

Activity: 2142

Merit: 1065

✋(▀Ĺ̯ ▀-͠ )

I didn't notice that the bitcoin price is affected by the movement of the Ethereum price nor with the last hack, i mean eth has lost 30%? meanwhile btc kept its volatility between $620-670

AmazonStuff

hero member

Activity: 628

Merit: 500

Quote from: Sukovsky on June 28, 2016, 02:24:00 PM

Stop polluting this forum with talk about that shitcoin. Thanks.

This discussion is about BTC, not *#!&coin, both eco-systems co-exist and influence each other.

I'm not a big fan of *#!&coin neither, but if something could affect the price of BTC, I must mention it.

It's completely natural to talk about other currency related to BTC, BTC must be exchanged for something, XAU, USD, EUR, *#!&coin... it can't exist in isolation, then it would not be possible to determine it's value and there would not be a reason for a speculation forum, so please forgive me Cheesy

Sukovsky

member

Activity: 107

Merit: 10

Stop polluting this forum with talk about that shitcoin. Thanks.

hasiramasenju

legendary

Activity: 980

Merit: 1000

this is good news for me because i was never holding ETH over than a week and might be i had been several times trade these coin and honestly i got profit from it but i don't have any plan to hold ETH because i was considers that holding bitcoin will more profitable than holding altcoins

AmazonStuff

hero member

Activity: 628

Merit: 500

Quote from: gentlemand on June 28, 2016, 01:25:21 PM

People traded coins on Cryptsy that didn't even have a functioning blockchain any more. ETH would probably need to personally come around and punch your grandma in the quim before people walked away now.

Sure, ETH will still be around, people will trade it, but at much lower rate. What I assumed is that a lot of people will reach for the safety by exchanging ETH for BTC and that will push BTC price upward.

~Bitcoin~

legendary

Activity: 994

Merit: 1000

I have already lost my hope for eth and all in bitcoin right now. But investing in other alts like lisk, xem (short term) etc could be better option so that profit form bitcoin rise will be double if those more promising coin remain in same value in terms of bitcoin.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

People traded coins on Cryptsy that didn't even have a functioning blockchain any more. ETH would probably need to personally come around and punch your grandma in the quim before people walked away now.

socks435

legendary

Activity: 2058

Merit: 1030

I'm looking for free spin.

This is bad news for those still holding ethereum.. and i think its still risky right ow to invest in ethereum if they are not solve the issue..
So i think it can be affect the price of bitcoin because they are converting right now back to bitcoin..

AmazonStuff

hero member

Activity: 628

Merit: 500

Ethereum price is falling because of the potential flaw in the soft fork solution.

In short, attacker could start a free DOS attack.

This might push Ethereum in the state of uselessness for a while.

I assume that this will push BTC price up.

source:
http://hackingdistributed.com/2016/06/28/ethereum-soft-fork-dos-vector/

Topic: Ethereum down, Bitcoin up (Read 1278 times)