The parity wallet multisigs seem to have been used mainly by ICOs and companies, so there isn't as much of a public uproar as if wallets of regular users got frozen. If the ICOs hit would go on an ETH bashing spree they would harm themselves in the process.
It's scary that even after such a huge event the price didn't move down even a bit. Maybe they already have assurance that the funds will be unlocked at the next fork, but I doubt it will be that easy to fix.
Once the ETH foundation starts bailing out 3rd party wallet developers where does it stop?
Topic: Ethereum - more or less valuable after the nuke? (Read 270 times)
Yes, Ethereum shows yet another vulnerability after the freezing of countless wallets and now will almost certainly require a hard fork to overcome this latest speed bump. But for the time being, does this make Ethereum that much more valuable due to the fact that the freeze limits total circulating supply?
Thoughts?
The pump been climbing the price of Bitcoin for a while now. People don't really care for the hard fork that much.Thoughts?
Yes, Ethereum shows yet another vulnerability after the freezing of countless wallets and now will almost certainly require a hard fork to overcome this latest speed bump. But for the time being, does this make Ethereum that much more valuable due to the fact that the freeze limits total circulating supply?
Thoughts?
Ethereum is much more valuable because there is less coins being exchanged. The coins can't get sent later so no worries right? Thoughts?
Since this reduces supply, it's actually bullish.
In a purely abstract sense, yes, this is true. In the more subjective, yet more impactful sense, this will scare the crap out of people. There are other platforms on which one can launch ICOs, and there are other blockchains in the words with smart contract functionality. Shit like the (multiple!) parity wallet bugs will drive people to other blockchains. Fast. And THAT my friends is bearish.
Since this reduces supply, it's actually bullish.
In my opinion Ethereum will start its growth. Today I have checked its value- and it costs over $318 already. Additionally, after the fork was announce to be cancelled (I suppose, just postponed)…it can also make ETH more valuable.
Meow
Don't think you can consider it as more valuable just because of frozen amount, the pump is just due to bitcoin hardfork postponned, will not be for long.
Meow
Don't think you can consider it as more valuable just because of frozen amount, the pump is just due to bitcoin hardfork postponned, will not be for long.
Meow
We have yet to see if the Ethereum foundation will unfreeze the tokens that are permanently frozen on the next planned hard fork (for constantinople). If they do, and the odds are high it seems, it all goes back to normal.
Yes, Ethereum shows yet another vulnerability after the freezing of countless wallets and now will almost certainly require a hard fork to overcome this latest speed bump. But for the time being, does this make Ethereum that much more valuable due to the fact that the freeze limits total circulating supply?
Thoughts?
Thoughts?
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