I got around 300 eth , should I dump it at current prices or wait?
Dump enough so you cover your cost of purchase and then let the rest ride until prices rebound - aka, sell ~ 75 and then hold the rest.
Topic: Ethereum SCAM Warning! Moderating of ethereum.org for any negative feedback. (Read 3598 times)
August 08, 2015, 08:25:40 PM
Dump enough so you cover your cost of purchase and then let the rest ride until prices rebound - aka, sell ~ 75 and then hold the rest.
August 08, 2015, 04:51:12 AM
I got around 300 eth , should I dump it at current prices or wait?
August 08, 2015, 02:10:39 AM
Ethereum is now putting restriction on their reddit page.
What is the Ethereum team so scared of?
What is the Ethereum team so scared of?
They are trying to limit the FUD so the devs have time to dump their eth. Can you blame them?
Big boys are dumping on noobs on kraken while non-tech investors still waiting for a GUI wallet to move their ETH. I hope nobody of you guys get trapped on that current manipulated price
August 08, 2015, 01:52:32 AM
Ethereum is now putting restriction on their reddit page.
What is the Ethereum team so scared of?
What is the Ethereum team so scared of?
They are trying to limit the FUD so the devs have time to dump their eth. Can you blame them?
August 07, 2015, 05:39:46 PM
Ethereum is now putting restriction on their reddit page.
What is the Ethereum team so scared of?
What is the Ethereum team so scared of?
What do you mean by a restriction? Are they deleting posts they don't like or something like that? I don't really understand the reddit system because I haven't used it much myself yet. Can you choose to set up a self moderated reddit page like the ones on bitcointalk?
August 07, 2015, 05:38:55 PM
Ethereum is now putting restriction on their reddit page.
What is the Ethereum team so scared of?
What is the Ethereum team so scared of?
The irony is people were saying only Bitcointalk has FUD about Ethereum but the Ethereum subreddit has been full of it for weeks now, even more than Bitcointalk where most people aren't interested in Ethereum.
Ethereum, not so shockingly, is finally revealing itself as a 2nd/3rd rate alternate and isn't living up to the hype.
August 07, 2015, 04:04:21 PM
Ethereum is now putting restriction on their reddit page.
What is the Ethereum team so scared of?
What is the Ethereum team so scared of?
August 04, 2015, 08:26:39 AM
God jesus. When will you people look things up..
now
There are individuals receiving 100,000 to 300,000
Yeah, these guys are going to be filthy rich selling their Ether to the people around the world, and why shouldn't they be. Satoshi is almost a billionaire, and everyone is cool with that:
http://bitcoin.stackexchange.com/questions/25806/how-many-coins-does-satoshi-have
You paid Satoshi for his hard work, why not pay him too:
Satoshi didn't raise $18m to pay himself and his company all while carving off 40-50% of BTC for his use. Vitalik is brilliant and a decent guy - too bad he surrounded himself with people that have no idea how to run a business, only to enrich themselves. They paid themselves back for their loans to the company at > 50% annual rates...completely unheard of for founders to do this kind of stuff.
https://www.reddit.com/r/ethereum/comments/2bpqs0/who_is_getting_the_ether_money_and_how_much_is/cj7z30j
"25% plus principal for 6 months, so 56.25% annualized. Total loans were in the $750k range, so interest turns out to be ~10% of our back-expenses..." --Vitalik
August 04, 2015, 04:37:38 AM
Censorship is never a good idea. Shows how they deal with concerns, does that make them trustworthy?
August 04, 2015, 03:34:32 AM
God jesus. When will you people look things up..
now
There are individuals receiving 100,000 to 300,000
Yeah, these guys are going to be filthy rich selling their Ether to the people around the world, and why shouldn't they be. Satoshi is almost a billionaire, and everyone is cool with that:
http://bitcoin.stackexchange.com/questions/25806/how-many-coins-does-satoshi-have
You paid Satoshi for his hard work, why not pay him too:
yes satoshi deserved his billion dollar cut for showing us all there's an alternative to the greedy bankers who take their billion dollar cut
August 04, 2015, 02:59:07 AM
Reddit/forums for Ethereum are extremely heavily policed and most of the information from the ICO has been deleted. For example, where is this?
https://www.ethereum.org/pdfs/TermsAndConditionsOfTheEthereumGenesisSale.pdf
404 Not Found
https://www.ethereum.org/pdfs/TermsAndConditionsOfTheEthereumGenesisSale.pdf
404 Not Found
I spent 3 secs using google to find this document
https://github.com/ethereum/www/blob/master-postsale/src/extras/pdfs/TermsAndConditionsOfTheEthereumGenesisSale.pdf
It's not difficult, is it?
August 04, 2015, 12:30:01 AM
We also found out later that they also received free Ether on top.
Can you post a link to this information? This would be impossible unless there was a premine in addition to the ICO funds.
https://www.reddit.com/r/ethereum/comments/3fdq0h/ethereums_security_expenditure_miner_reward_was/ctnvm7x
From a developer at Ethereum. There are individuals receiving 100,000 to 300,000 Ether for free, and then more people receiving smaller amounts.
August 03, 2015, 11:52:23 PM
Ethereum SCAM Warning!
DO NOT USE:
https://forum.ethereum.org
The forum is moderated. My account has been banned and my 2 threads deleted.
Keep all discussions about Ethereum off of that forum.
I was trying to have a discussion about "Is Ethereum A SCAM?" and "Is Ethereum A Pyramid Scheme?":
https://forum.ethereum.org/discussion/2669/is-ethereum-a-scam
https://forum.ethereum.org/discussion/2702/ethereum-pyramid-scheme
I was mentioning valid things like:
- The large premined ICO with no transparency. Did they buy their own ICO and take back their invested BTC secretly?
- Poor coin launch that created an unfair poor distribution of coins. No pools at launch for CPU miners. No compiled installer files for windows, mac or linux.
- Pyramid scheme mining structure. As difficulty rises, the same mining rig gets fewer and fewer coins. Ethereum devs instamined the coin. I suggested to increase the block reward later on to minimize this poor coin launch.
Stay away from Ethereum. Luckily the crowdfunding did provide the open source code which will allow another team to create an Ethereum with better coin distribution.
DO NOT USE:
https://forum.ethereum.org
The forum is moderated. My account has been banned and my 2 threads deleted.
Keep all discussions about Ethereum off of that forum.
I was trying to have a discussion about "Is Ethereum A SCAM?" and "Is Ethereum A Pyramid Scheme?":
https://forum.ethereum.org/discussion/2669/is-ethereum-a-scam
https://forum.ethereum.org/discussion/2702/ethereum-pyramid-scheme
I was mentioning valid things like:
- The large premined ICO with no transparency. Did they buy their own ICO and take back their invested BTC secretly?
- Poor coin launch that created an unfair poor distribution of coins. No pools at launch for CPU miners. No compiled installer files for windows, mac or linux.
- Pyramid scheme mining structure. As difficulty rises, the same mining rig gets fewer and fewer coins. Ethereum devs instamined the coin. I suggested to increase the block reward later on to minimize this poor coin launch.
Stay away from Ethereum. Luckily the crowdfunding did provide the open source code which will allow another team to create an Ethereum with better coin distribution.
K
August 03, 2015, 11:50:01 PM
Does Ethereum even have a block explorer?
Is this site a block explorer?
https://stats.ethdev.com/
This site looks like a broken block explorer
http://ether.fund/explorer
Is this site a block explorer?
https://stats.ethdev.com/
This site looks like a broken block explorer
http://ether.fund/explorer
August 03, 2015, 11:43:12 PM
is the IQ of this community so low that we need threads to state the obvious 
August 03, 2015, 11:40:58 PM
We also found out later that they also received free Ether on top.
Can you post a link to this information? This would be impossible unless there was a premine in addition to the ICO funds.
August 03, 2015, 09:04:45 PM
God jesus. When will you people look things up. These are not their salaries dude. Damnit. This is the most uninformed group of people ever. It's literally a waste of time in here. You people just make up whatever you want.
https://www.reddit.com/r/ethereum/comments/3bbs4p/doing_some_research_on_crypto_projects_is/
https://www.reddit.com/r/ethereum/comments/39ujsp/founder_salaries/
Nice try, idiot. Just because you didn't bother to track down the source doesn't mean there wasn't one. It's common knowledge that a lot of people at Ethereum were paid six figure salaries. We also found out later that they also received free Ether on top.
August 03, 2015, 05:39:29 PM
God jesus. When will you people look things up. These are not their salaries dude. Damnit. This is the most uninformed group of people ever. It's literally a waste of time in here. You people just make up whatever you want.
August 03, 2015, 04:56:48 PM
they need to control the negativity and trolls obviously. you would do the same aswell if you were in their shoes.... totally understandable...
they are just slaying as many trolls as they can.
OP, you do bring up an interesting point which i never considered. If the original founders were early btc adopters, they would have a bunch of Bitcoin right? So what if they did in fact just funded their own coins on the Ethereum project and then just paid them self back while on the project?
this actually makes perfect sense to why they have such a high salary of 150-250k each... they are just getting their coins back. keep in mind these aren't your random new crypto-currency devs, they must have been in the game for some time hence the lot of bitcoins once you combine it all from all the devs. It's pretty smart marketing actually... also explains why they aren't transparent with the books.
Definitely give them props for the marketing... the tech does seem promising, but so did mastercoin... -_- Good luck to them...
they are just slaying as many trolls as they can.
OP, you do bring up an interesting point which i never considered. If the original founders were early btc adopters, they would have a bunch of Bitcoin right? So what if they did in fact just funded their own coins on the Ethereum project and then just paid them self back while on the project?
this actually makes perfect sense to why they have such a high salary of 150-250k each... they are just getting their coins back. keep in mind these aren't your random new crypto-currency devs, they must have been in the game for some time hence the lot of bitcoins once you combine it all from all the devs. It's pretty smart marketing actually... also explains why they aren't transparent with the books.
Definitely give them props for the marketing... the tech does seem promising, but so did mastercoin... -_- Good luck to them...
August 03, 2015, 04:17:53 PM
Ethereum is no scam. It only burns money
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