Ethereum scammers trying to suppress BTC till they find someone to Dump Eth on - page 5.

korila

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Quote from: r0ach on May 21, 2016, 02:55:12 AM

Ethereum scammers are in full desperation mode now. Nobody is buying their Eth pump so they keep doing orchestrated BTC dumps to temporarily lower BTC price, make believing that will make people want Eth instead but there are just no willing buyers of that scamcoin.

Soon Coinbase will dump BTC and support ETH

That will be the end of BTC!!

You are pathetic r0ach!!

Where is Segwit?? Probably infinitely delayed ~

zby

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Quote from: r0ach on May 21, 2016, 02:55:12 AM

Ethereum scammers are in full desperation mode now. Nobody is buying their Eth pump so they keep doing orchestrated BTC dumps to temporarily lower BTC price, make believing that will make people want Eth instead but there are just no willing buyers of that scamcoin.

That does not make any sense. BTC is still many times bigger market than ETH - suppressing BTC would involve an order of magnitude bigger loses than anyone could gain on the manipulated ETH.

r0ach

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Ethereum scammers are in full desperation mode now. Nobody is buying their Eth pump so they keep doing orchestrated BTC dumps to temporarily lower BTC price, make believing that will make people want Eth instead but there are just no willing buyers of that scamcoin.

r0ach

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Quote from: Westant on May 20, 2016, 12:58:19 PM

Quote from: r0ach on May 20, 2016, 09:06:11 AM

Another stake in the Eth vampire:

Quote from: r0ach on May 20, 2016, 08:32:04 AM

Why proof of stake has no value:

Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary. So why are two confirmations more useful in Bitcoin (PoW) than one? Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.

Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails. This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.

On top of being worthless, proof of stake is also a permissioned ledger. The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.

So does it mean if the PoW continues in the Etheruem, the Etheruem will have some value? That is the same as bitcoin.

If Ethereum stayed on PoW, the coin would be considered a failure since they issued an IPO for the money supply. The price would crater once they announced they'd be leaking mined coins forever after ~~suckers~~ investors bought all the coins vitalik created out of thin air.

klee

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Chances are that ETH will visit 250s again while BTC will climb back at 3000s.

This is fun!

Westant

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Quote from: r0ach on May 20, 2016, 09:06:11 AM

Another stake in the Eth vampire:

Quote from: r0ach on May 20, 2016, 08:32:04 AM

Why proof of stake has no value:

Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary. So why are two confirmations more useful in Bitcoin (PoW) than one? Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.

Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails. This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.

On top of being worthless, proof of stake is also a permissioned ledger. The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.

So does it mean if the PoW continues in the Etheruem, the Etheruem will have some value? That is the same as bitcoin.

Hyena

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Quote from: MingLee on May 20, 2016, 12:34:38 PM

Someone who has a stake in both Bitcoin and ETH manipulated the Bitcoin market to move some money out of Bitcoin and into ETH, sending it to a new all-time high recently iirc, and now we'll see the same people buying more Bitcoin, selling their ETH and waiting to do the cycle all over again.

The value of Bitcoin is going back up, and that means that investor confidence wasn't shattered.

When the Ethereum mafia announced that they have spent all their IPO funds, they lied. They had plenty of BTC left from that 30 000 they raised and they were going to use it to manipulate borth the ETH and BTC markets. That announcement was meant to make people sell their ETH cheaply into Vitalik's and his gang's buy walls.

Quote from: MingLee on May 20, 2016, 12:34:38 PM

Also these fucking "do you need some butthurt cream" memes are fucking retarded, they make you look like a 12-year-old who thinks they're superior to everyone because they think their opinion is "better" than everyone else's. Fucking talk like people and stop with shitty memes.

Noobs are discovering the internet. There will always be new kids who just find out about internet memes and start to overuse them because they think it's still cool.

MingLee

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Someone who has a stake in both Bitcoin and ETH manipulated the Bitcoin market to move some money out of Bitcoin and into ETH, sending it to a new all-time high recently iirc, and now we'll see the same people buying more Bitcoin, selling their ETH and waiting to do the cycle all over again.

The value of Bitcoin is going back up, and that means that investor confidence wasn't shattered.

Also these fucking "do you need some butthurt cream" memes are fucking retarded, they make you look like a 12-year-old who thinks they're superior to everyone because they think their opinion is "better" than everyone else's. Fucking talk like people and stop with shitty memes.

Hyena

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Quote from: Denker on May 20, 2016, 12:28:05 PM

Quote from: Dafar on May 20, 2016, 12:19:32 PM

Fuck Ethereum, fuck ethereum people... this shitcoin is taking the steam out of bitcoin.

At this point who knows, it may really hinder any potential rally bitcoin might have had due to halving.

Just have a bit patience my friend.
Don't fall for the game they are trying to play with us.
I guarantee you a big chunk of that money pumped in Eth and that DAO stuff is going to come back!!
This is like the bitcoins are hanging on a tree like apples or oranges and the Eth manipulators guys are shaking it as hard as they can to get as much BTC when they start to dump DAO tokens and Eth on a big scale. Just at the right time, close to the BTC halving of course. Wink

I was thinking the same thing. It's either before halving or before the end of DAO sale.

RealityTruth

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narrowpathnetwork.com

Maybe bobbie pumping eth now

Denker

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Quote from: Dafar on May 20, 2016, 12:19:32 PM

Fuck Ethereum, fuck ethereum people... this shitcoin is taking the steam out of bitcoin.

At this point who knows, it may really hinder any potential rally bitcoin might have had due to halving.

Just have a bit patience my friend.
Don't fall for the game they are trying to play with us.
I guarantee you a big chunk of that money pumped in Eth and that DAO stuff is going to come back!!
This is like the bitcoins are hanging on a tree like apples or oranges and the Eth manipulators guys are shaking it as hard as they can to get as much BTC when they start to dump DAO tokens and Eth on a big scale. Just at the right time, close to the BTC halving of course. Wink

lissandra

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Quote from: klee on May 18, 2016, 06:11:20 AM

Quote from: klee on May 13, 2016, 01:48:09 AM

'Emigrate or degenerate , the choice is yours!' - Do Androids Dream of Electric Sheeps

Cheesy

Haha, that says it all.

I`m not a huge fan of alt coins in general, unless they serve some sort of demand needed so hence the price as to be up like towards a service.

I dont know since Gavin is on there, hes really throwing his reputation as a dev?

Dafar

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dafar consulting

Fuck Ethereum, fuck ethereum people... this shitcoin is taking the steam out of bitcoin.

At this point who knows, it may really hinder any potential rally bitcoin might have had due to halving.

r0ach

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Quote from: SomaliRebel on May 20, 2016, 09:10:18 AM

Quote from: r0ach on May 20, 2016, 09:06:11 AM

Another stake in the Eth vampire.

Etherians are gonna just BUY your sorry butt. Here: https://www.reddit.com/r/TheDao/comments/4k07vs/we_should_just_purchase_blockstream_outright_and/

A reddit submission by some guy that holds 10 eth.

SomaliRebel

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Quote from: r0ach on May 20, 2016, 09:06:11 AM

Another stake in the Eth vampire.

Etherians are gonna just BUY your sorry butt. Here: https://www.reddit.com/r/TheDao/comments/4k07vs/we_should_just_purchase_blockstream_outright_and/

r0ach

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Activity: 1260

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Another stake in the Eth vampire:

Quote from: r0ach on May 20, 2016, 08:32:04 AM

Why proof of stake has no value:

Since Satoshi did not solve the Byzantine generals problem, this means confirmations are completely arbitrary. So why are two confirmations more useful in Bitcoin (PoW) than one? Because it's an open entropy system where over a period of time, it's either unlikely or statistically impossible for someone to maintain a monopoly on block validation when there is no upper limit to confirmations.

Recursive systems like proof of stake tend to permanently monopolize block validation by design, with no real fault or state recovery to fix it once it goes off the rails. This makes a proof of stake confirmation essentially worthless due to being a bounded entropy system.

On top of being worthless, proof of stake is also a permissioned ledger. The purpose of mining in Bitcoin is to create a permanent decentralized exchange peg, which thus results in a permissionless system.

SomaliRebel

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Quote from: Torque on May 20, 2016, 07:45:52 AM

Take it like a man.

Torque

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Wow, great job r0ach!

You created a 'honey pot' thread, and just like flies to honey, attracted at least 6-7 of the paid shills/trolls known to troll frequently in the Speculation sub.

They all couldn't resist coming in here and trying to smash you down, and thus revealed themselves in the process. HAHA!

ETH *is* a scam, and it will all end in tears. Any fool that invests in that premined crap deserves to go cry in the corner of shame over their losses along with the Ripple, NXT, and Darkcoin idiots.

Big Dick

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Quote from: r0ach on May 20, 2016, 03:31:35 AM

China didn't follow that orchestrated BTC shakeout attempt since Huobi was still at $448 a minute ago.

Pray to your Chinese masters...

Hyena

legendary

Activity: 2114

Merit: 1015

With my independent research I have come to the same conclusion as OP. Ethereum project is nothing but a very elaborate scam.

Topic: Ethereum scammers trying to suppress BTC till they find someone to Dump Eth on - page 5. (Read 9324 times)