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Topic: Geth bug cuts in half Ethereum's hashrate - page 2. (Read 5288 times)

hero member
Activity: 742
Merit: 500
The revolutionary trading ecosystem
September 22, 2016, 02:16:10 AM

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc......

When did China and Russia become 3rd world regimes?  Maybe you should add America to the list for its police state? They love to execute there citizens in the street and post it all up on social media over there in the US... not forgetting that it is also a corrupt crony capitalist dictatorship.  Are you one of these deluded exceptionalists that think they are better than others?

I am not trying to defending him, but I guess what he meant is the level of censorship in those countries
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 22, 2016, 01:25:30 AM

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc......

When did China and Russia become 3rd world regimes?  Maybe you should add America to the list for its police state? They love to execute there citizens in the street and post it all up on social media over there in the US... not forgetting that it is also a corrupt crony capitalist dictatorship.  Are you one of these deluded exceptionalists that think they are better than others?

Fuck, I am Bulgarian and this classification puts me in the evolution stages somewhere between amoeba and diplococci.
sr. member
Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
September 22, 2016, 12:45:40 AM

Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc......

When did China and Russia become 3rd world regimes?  Maybe you should add America to the list for its police state? They love to execute there citizens in the street and post it all up on social media over there in the US... not forgetting that it is also a corrupt crony capitalist dictatorship.  Are you one of these deluded exceptionalists that think they are better than others?
legendary
Activity: 3122
Merit: 1492
September 22, 2016, 12:04:00 AM


Honestly i haven't checked it myself every and each of these projects but from what i've checked:
1. Digix offers something the world needs, easy way to buy gold.
2. Akasha, decentralized social media, we've all seen that censoring is really bad, especially in countries with 3rd world regime and mentality, like russia, china, every other dictatorship, etc.
3. Augur / gnosis
4. Colony
5. EtherEx
6. That FlightDelay dapp
7. Oraclize
8. Golem
9. SingularTV
10. Dinar dirham
11. Embark
12. Ownage
13. Sphere
I can't remember every single one of them since i haven't even checked all of them, they are too many. It's hard to say which one will become a multi million dollar company, but let's be logical, reality check: there are and were probably thousands of useful company that didn't make much profit but were bought for millions / billions for their concept / ideeas. There are and were thousands of companies that didn't make much profit even tho they were / are usefull. So being a multi million $ / € it's not the only proof of being useful or needed. Thing is, there are easily atleast 50 projects that are either in alpha stages, developing or already deployed that can become multi million dollar projects. Keep in mind that they can become multi million projects mostly and not companies, since many won't be lead like the usual corps. Like digix for example, an easy example of multi million $ project. Also akasha will become a multi million $ project. And many others. How succesful will they be in the future ? That depends alot on their developers, not on ethereum foundation.
Let's not compare ethereum's platform succes with the success of it's dapps, it mostly ( 99.9999% ) depends on the capability of their developers, since ideeas / concepts are really good.
Now, expecting a facebook takeover or something similar is simply delusional, atleast on short and medium term. FB is a cult atm, it's not about just being as good as facebook it's also about being as popular as facebook, and it's popularity cannot be contested for now. But that will slowly fade, with latest facebook practices like this https://www.theguardian.com/technology/2016/sep/08/facebook-mark-zuckerberg-napalm-girl-photo-vietnam-war and this http://betanews.com/2016/06/11/facebook-moments-delete-photos/ . And ofcourse, many other annoying and dictatorship practices.

Until it is proven that they are really useful in practice then all you said and mentioned are nothing but hype at present. You can always say anything selling dreams and fantasies and snake oil but what good did all that brought to the world except false hopes and disappointment. Those developers behind each of those projects and dapps should be careful because they would become scammers in the cryptosphere of what they create is not proven practical. I would imagine most of those projects collect money from the community thru ICO. So that makes the community to have all the right to judge them as scammers or not.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
September 21, 2016, 10:18:32 AM
With Bitcoin, there is the daemon/client and a GUI.  The wallet GUI is nothing more than a program pushing commands to the daemon. Someone wants to start programming or creating side chains or assets and they immediately hit a wall of nearly impossible learning depending on their initial knowledge base. 
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 21, 2016, 07:31:13 AM
You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

^ This. Whenever tanker spills petrol in the ocean, or VW produces faulty engines, the prices of their stocks is failing. What happens with Ethereum has nothing to do with the great technology, its usage or the minds behind it. Its just a proof that manipulation of the cryptocurrency market, the level of stupidity and the hypocrisy are taken to another level. But ETH worshipers would NEVER at least try to understand that. This is why having discussion with most of them is a pure waste of time.

YOU HAVE NO CLUE



CATCH THIS ?1

https://catcherinthelie.wordpress.com/

Yeah, we have the right to fear from The Walking Dead.... Smiley
full member
Activity: 157
Merit: 100
September 21, 2016, 07:23:21 AM
#99
You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

^ This. Whenever tanker spills petrol in the ocean, or VW produces faulty engines, the prices of their stocks is failing. What happens with Ethereum has nothing to do with the great technology, its usage or the minds behind it. Its just a proof that manipulation of the cryptocurrency market, the level of stupidity and the hypocrisy are taken to another level. But ETH worshipers would NEVER at least try to understand that. This is why having discussion with most of them is a pure waste of time.

YOU HAVE NO CLUE



CATCH THIS ?1

https://catcherinthelie.wordpress.com/
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
September 21, 2016, 06:27:13 AM
#98
You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

^ This. Whenever tanker spills petrol in the ocean, or VW produces faulty engines, the prices of their stocks is failing. What happens with Ethereum has nothing to do with the great technology, its usage or the minds behind it. Its just a proof that manipulation of the cryptocurrency market, the level of stupidity and the hypocrisy are taken to another level. But ETH worshipers would NEVER at least try to understand that. This is why having discussion with most of them is a pure waste of time.
full member
Activity: 157
Merit: 100
September 21, 2016, 05:07:25 AM
#97
Highest ALLTiME Avg Hashrate of 5492.6669 GH/s was recorded on Tuesday, September 20, 2016

hero member
Activity: 770
Merit: 629
September 21, 2016, 04:36:35 AM
#96
hero member
Activity: 532
Merit: 500
September 21, 2016, 03:37:30 AM
#95
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
September 21, 2016, 12:30:05 AM
#94
@bbc.reporter
Lets put it into perspective..

Ethereum was launched with out that list of APP's / DAPP's in 2014
Yet it was an ICO that ended up paying many millions of dollars to "Butters"
He gets to push out an ICO back then in 2014 then buy blocks of them at 100BTC per TX non stop on Launch.
SO he can bank a massive profit in 2016 with a massive spam / pump campaign.
Then tack on POS mining 2 years after launch..

THEN get all of you to make those listed DAPPS for his project he was paid millions for going back to 2014.

What a wonderful scam LOL

Unleash an ICO that is a shell of a project (an old tactic around here)
Then buy them up yourself like crazy and also take a cut / premine percentage.
Then years later start working on it.. or demand the public does it for you LOL

Sort of like selling a slab of Metal..
Then years later selling the car it's made into.
The people who wanted a car were clearly not going to buy the slab of Metal and the dev knows it.

They tried pretty damn hard to spam on about ETH in between 2014 and 2016 now didn't they ?
Or did they stay silent and buy up cheap coins in preparation for scam phase 2 ?

Nothing ever changes around here.
Dev's deserve to be paid ?
Ya.. because they launched a "shell" project long ago and put the code on Github (or some of it)
THEN EXPECTED ALL OF YOU TO DO THE CODING WORK.


..to give value to their ICO coins etc they bought up dirt cheap years earlier.

And if you don't ?
Then like the Doge coin dev said.. you all "failed to support the coin" and the dev quits and wanders off
..cash in hand LOL

The shell scheme launch is the oldest around here.. i have watched it play out like a broken record.
It really is one of the most brilliant yet sleazy tactics commonly employed around Crypto.
A highly profitable and effective scam method.
legendary
Activity: 3122
Merit: 1492
September 20, 2016, 10:57:36 PM
#93
hero member
Activity: 770
Merit: 629
September 20, 2016, 09:34:57 PM
#92
The price "stability" on even pump only represent the new people in crypto industry, sure ethereum generated a lot more people to come and invest in it, even to learn more about bitcoin and other alts

But one big concern there is, most of them care only about hype, spreading lies and hyping even more, i bet most of them do not care about decentralization nor the future of crypto world

As it was good to see new people like that it is like cancer to ideas that bitcoin started

ethereum with atm security is worthless and still they hype

That's also my point.  Market cap mainly measures how much gamblers are betting against one another on exchanges, and has very little to do with the underlying crypto function.  I would even go as far as saying that most big crypto market cap would be the same if we removed the block chain from it, and it were just IOU on exchanges.

The real usage of the crypto, which means for bitcoin: paying to buy stuff or services and get paid to deliver stuff or services, and which means for ethereum: fuel/stake for smart contracts, seems to be only an infinitesimally small part of the transaction activity and the market cap.

You can see that in the following effect: when an exchange gets stolen, bitcoin's price drops.  When there are technical problems on the block chain of ethereum, that hint at possible exploits and so on, this hardly affects the price.  This illustrates, IMO, the fact that what mainly determines the price of these coins, is the reliability of the IOU on an exchange, and has almost nothing to do with the underlying block chain these betters don't really care about.

legendary
Activity: 1901
Merit: 1024
September 20, 2016, 09:07:03 PM
#91
The price "stability" on even pump only represent the new people in crypto industry, sure ethereum generated a lot more people to come and invest in it, even to learn more about bitcoin and other alts

But one big concern there is, most of them care only about hype, spreading lies and hyping even more, i bet most of them do not care about decentralization nor the future of crypto world

As it was good to see new people like that it is like cancer to ideas that bitcoin started

ethereum with atm security is worthless and still they hype
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
September 20, 2016, 07:15:09 PM
#90
Love seeing btctalk trolls being desperate about getting in ethereum lol. Funny thing is, they can't even recognize good projects to invest in, they're the ones falling for cheap talk motto's like "silver to bitcoin's gold" or "etc and eth parity" . And then trying to convince each other how much of a scam eth is and that they did good not investing in, not to mention their high morale ground which wouldn't let them invest in same thing as giant evil corporations like microsoft, santander and so on.
Even a veteran at nasdaq recognise ethereum as a, quote " once in a lifetime opportunity" and quits nasdaq to work for ethereum foundation / ethereum, but bitcointalk trolls know better
http://www.coindesk.com/nasdaq-veteran-ethereum-foundation-security-lead/
You pretty much hit the nail on the Spartak_unt head. What I find galling is that in a year or two the very same Spoetniktard sockie trolls will be bemoaning their missed opportunity to get into ETH when it was $14 cheap. ETH is dirt cheap right now compared to its potential. The time to buy is now but their pathetic groupthink trolling holds them back.

I said i would go light my money on fire before buying your Ethereum ICO shit coin scam.



..so i did.

Cold day in hell when i buy your ICO scam coins Fraudcache.

You should spend more effort on being smart mETH heads..



Maybe quit being a Shill Butters ? I ain't buying your "Cheap" ICO scam coins.
Not at $14.. $21 or at 1 cent each..



@minecache
You are a fraud.. as voted by the community here.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
September 20, 2016, 04:22:48 PM
#89
hero member
Activity: 770
Merit: 629
September 20, 2016, 02:55:38 PM
#88
hero member
Activity: 532
Merit: 500
September 20, 2016, 11:11:24 AM
#87
Yep, BTCtalk trolls opinion matters alot. More than opinion of the hundreds of developers present at devcon ( obviously they arent just eth devs ), the opinions of giants that openly support ethereum, microsoft, santander,  thomson reuters, etc, the opinion of thousands of developers that currently develop 100`s DAPPS for ethereum blockchain, and not the last, the market's opinion which contradicts btctalk opinions. But who am i to decide which one is right ? I trust that btctalk trolls are well intended and everyone else is lying.
There are no serious dapps running on ethereum.  There are projects, dreams, and betting and ponzi games.
You asked for it a list of projects / dapps working on ethereum : https://dappslist.com/dapps/#s=1
https://www.dgx.io/
https://www.gnosis.pm/
https://www.reddit.com/r/ethereum/comments/529o5p/flightdelay_dapp_one_of_the_first_fullfledged/
https://firstblood.io/
https://www.reddit.com/r/ethereum/comments/4x6syd/new_working_dapp_securely_prove_on_forums_that/
https://www.vdice.io/
http://ethjackpot.com/
http://www.rouleth.com/
https://etheropt.github.io/
https://ethereumlottery.io/
https://colony.io/
http://akasha.world/
http://www.oraclize.it/
https://makerdao.com/
http://www.reidao.io/
https://singulardtv.com/
http://braveno.com/
https://etherdelta.github.io/#PLU-ETH
https://github.com/ethersphere/swarm
https://www.augur.net/
http://velocity.technology/
http://www.freemyvunk.com/
https://www.realitykeys.com/
http://golemproject.net/
http://www.ethslurp.com/
http://www.decibel.live/
https://cpay.us/
https://www.dinardirham.com/
https://iurimatias.github.io/embark-framework/
http://ownage.io/
http://www.sphere10.com/
https://www.kingoftheether.com/
https://blockstack.org/
http://www.coindesk.com/santander-vies-become-first-bank-issue-digital-cash-blockchain/
Took me 10 minutes to find this kind of information, there may be many more projects / dapps that i just missed, didn't search for every single one of them. Some of them are small projects / dapps like gambling, some of them are much bigger. But ethereum blockchain just started to get attention for a few months now, outside the crypto / blockchain scene people had no ideea blockchain had this potential.
sr. member
Activity: 379
Merit: 250
September 20, 2016, 11:02:12 AM
#86
Sadly for our miner friends, the hashrate already went back to its normal rate. I maybe would habe been interested to rent some hashrate if I saw that before Tongue...
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