Honestly, for how long can ETH survive this mess?

Kaller

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Quote from: Technicrate on August 10, 2016, 11:20:35 AM

Quote from: Kaller on August 05, 2016, 03:30:26 AM

Quote from: 0day on July 30, 2016, 08:03:30 AM

Quote from: Minecache on July 28, 2016, 01:17:37 PM

ETH has big money backers and the disciples all hodl.

I'm hodling and buying more ETH.

It's still gud times.

For any coin if you buy it and hold for longer and prefer it for your usage, and all other also do the same, then you will get it at a higher value within a shorter time, I am holding my LIR and I promote it and suggest to my friend to invest in it, I hope it will have greater value sooner.

I have mined some ETC recently when the profitably was high. I usually sold it instantly just in case it was dumped by big holders.

You are quite wise. There is a drop of ETC price recently. The price trend is going lower, so it is better not to mine it.

If you are a miner and also an investor, you can mine it and hope you will sell it at a higher price later.

Technicrate

newbie

Activity: 68

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Quote from: Kaller on August 05, 2016, 03:30:26 AM

Quote from: 0day on July 30, 2016, 08:03:30 AM

Quote from: Minecache on July 28, 2016, 01:17:37 PM

ETH has big money backers and the disciples all hodl.

I'm hodling and buying more ETH.

It's still gud times.

For any coin if you buy it and hold for longer and prefer it for your usage, and all other also do the same, then you will get it at a higher value within a shorter time, I am holding my LIR and I promote it and suggest to my friend to invest in it, I hope it will have greater value sooner.

I have mined some ETC recently when the profitably was high. I usually sold it instantly just in case it was dumped by big holders.

You are quite wise. There is a drop of ETC price recently. The price trend is going lower, so it is better not to mine it.

Kaller

hero member

Activity: 752

Merit: 501

Quote from: 0day on July 30, 2016, 08:03:30 AM

Quote from: Minecache on July 28, 2016, 01:17:37 PM

ETH has big money backers and the disciples all hodl.

I'm hodling and buying more ETH.

It's still gud times.

For any coin if you buy it and hold for longer and prefer it for your usage, and all other also do the same, then you will get it at a higher value within a shorter time, I am holding my LIR and I promote it and suggest to my friend to invest in it, I hope it will have greater value sooner.

I have mined some ETC recently when the profitably was high. I usually sold it instantly just in case it was dumped by big holders.

qwizzie

legendary

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How the Great Schism Can End Well for Ethereum One (Part 1 of 3)
https://bitcoinmagazine.com/articles/how-the-great-schism-can-end-well-for-ethereum-one-part-of-1469895898

How the Great Schism Can End Well for Ethereum Classic (Part 2 of 3)
https://bitcoinmagazine.com/articles/how-the-great-ethereum-schism-can-end-well-for-ethereum-classic-part-of-1469905980

bbc.reporter

legendary

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Quote from: Quartx on July 24, 2016, 10:04:09 AM

As long as there is interest from holders or simply people who pump and dump, a coin will survive, no matter how shit a coin is, unfortunately it happens

Good answer. Yes if you look at the altcoins listed in the different exchanges many of them are not very relevant. The Ethereum fork will undergo the same process and will just be there for a while until it is forgotten. Or as what I have been saying there will be a mining arms race with ETC vs ETH and the loser will end up dying because it will not be the longest chain.

0day

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Hire me for your campaign management.

Quote from: Minecache on July 28, 2016, 01:17:37 PM

ETH has big money backers and the disciples all hodl.

I'm hodling and buying more ETH.

It's still gud times.

For any coin if you buy it and hold for longer and prefer it for your usage, and all other also do the same, then you will get it at a higher value within a shorter time, I am holding my LIR and I promote it and suggest to my friend to invest in it, I hope it will have greater value sooner.

owm123

sr. member

Activity: 392

Merit: 250

Quote from: Kaller on July 30, 2016, 03:47:41 AM

The ETC has a time bomb now, it might explode any time after a certain period, depending on the hacker.

the same with satoshis's 1mil bitcoin.

Kaller

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Merit: 501

The ETC has a time bomb now, it might explode any time after a certain period, depending on the hacker.

StinkyLover

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Merit: 250

This industry is pure fiction

Quote from: ?? on ??

Ether Classic holders don't care about the market cap of Ether Bailout Fork.

Worrying about the market caps of other coins is what Ether Bailout Nerds worry about all day.

Ethereum Classic holders don't give a shit about other coins because we know our chain is unstoppable, and that's all we care about, oh yeah, and chicks too.

And pigs fly to Jupiter for Hanukkah. The only true thing in that post is the last 5 words.

ETH haters talk about the demise of ETH in terms of marketcap and price but now you're running away to a new crypto-anarchic excuse because the price and marketcap ain't dropping.

Y'all hate ETH so much that you're now buying ETC which is ETH in it's original format (but secretly at the price you wish ETH was at because you missed the bus first time round - nobody is fooled by your lies).

Yeah, it's not about marketcap and price, it's all about chicks, teslas, and guns.

As I said, this industry is pure fiction.

dinofelis

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Activity: 770

Merit: 629

Quote from: ?? on ??

Ether Classic holders don't care about the market cap of Ether Bailout Fork.

Well, there should be a reasonable market cap to keep sufficient miners interested, of course. But that's all. There are many many more altcoins that have lower market cap, and hence lower mining power behind it, that are also viable, so even if the ETC market cap falls 10-fold, there's no problem. It would still be a market cap of $ 10 million, which is more than enough to support a whole set of tiny contracts (which is the sole reason of existence now of ETH and ETC because nobody is going to build monsters like the DAO any more).

StinkyLover

sr. member

Activity: 454

Merit: 250

This industry is pure fiction

ETH haters buying ETC to try and bring down ETH will all get burned. I will be laughing hard when it happens.

All ETH holders on POLO and other exchanges have been doubled up (for free!) on ETC. If the ETC price hadn't risen they would have dumped by now and this would all be over, but because there's actually a market they're holding back until it reaches a good price (it will get there because ETC lovers don't have the foresight to see this), and then the dumping will start.

ETH holders have been given free BTC by the hard fork, and now ignorant ETC lovers are giving them even more free BTC by supporting the old chain. The new ETH chain is not dropping in value. BCT members have been speculating ETH demise for every single hour of every single day for the last 6 months!! When will you guys actually wake up and see reality??

Free BTC for ETH holders, given to them by the people who hate ETH!?! You couldn't make it up. No-one would believe you. This industry is pure fiction.

Kaller

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Activity: 752

Merit: 501

Quote from: Technicrate on July 28, 2016, 01:33:59 PM

Quote from: tiggytomb on July 28, 2016, 12:44:03 PM

I expected ETH to have suffered a lot more than what it has so far, I suppose there is a lot of people with a lot of money in ETH for it to just disappear.

I know one Chinese company purchased about 416,000 ETH last year, so it has 416,000 ETC to dump now.

That could have already been dumped, otherwise the ETC price could be higher. But we do not know for sure.

Technicrate

newbie

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Quote from: tiggytomb on July 28, 2016, 12:44:03 PM

I expected ETH to have suffered a lot more than what it has so far, I suppose there is a lot of people with a lot of money in ETH for it to just disappear.

I know one Chinese company purchased about 416,000 ETH last year, so it has 416,000 ETC to dump now.

Minecache

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Vave.com - Crypto Casino

ETH has big money backers and the disciples all hodl.

I'm hodling and buying more ETH.

It's still gud times.

tiggytomb

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I expected ETH to have suffered a lot more than what it has so far, I suppose there is a lot of people with a lot of money in ETH for it to just disappear.

Azael

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I think ETC will take over. It's ETH in it's un-forked form which is the best. ETH is not a crypto anymore but ETC is and has the tech.

dmarine

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It happens because of people who do not research and do not study a project before investing. How a project with such flaws (The DAO) managed to grab so much ether in the crowdfunding?

dinofelis

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Quote from: bitcoinbox on July 28, 2016, 12:02:28 PM

I'm very surprised ETH and DAO aren't approaching zero right now.
DAO price is still relatively high on Poloniex and to me it is a big mistery.

The rationality of markets is often unfathomable. But there's nothing inherently mysterious about it. Monetary assets are infinitely recursive belief systems, and anything can happen in such systems. It is a fairy tale of economy books that money has some "commodity" value, or some "debt promise" value. Money is something you accept because you believe that someone believes that someone believes that someone .... will accept it. So as long as you believe that someone believes that someone will accept a DAO token against value, you also accept it against value (especially if you think that some may believe that some may believe that it may be accepted against more value - which is the greater fool theory).

So anything goes, essentially, in the trading of monetary coins, because of this infinite belief recursion.

bitcoinbox

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So far so good

Quote from: The Sceptical Chymist on July 27, 2016, 11:32:39 AM

Quote from: pereira4 on July 24, 2016, 10:11:11 AM

Quote from: Quartx on July 24, 2016, 10:04:09 AM

As long as there is interest from holders or simply people who pump and dump, a coin will survive, no matter how shit a coin is, unfortunately it happens

True, as long as speculation and decent volume to allow for it keeps going, a coin will "survive", but surviving is not enough. It seems like Bitcoin will remain the only serious and solid coin, and ETH will go down the path of being an absolute clusterfuck.

I'm very surprised eth isn't approaching zero right now. There's no explaining the stupidity of shitcoin supporters. How any of these have value is a mystery to me, but it's especially puzzling after what just happened with eth. Good summary of the events, by the way OP.

I'm very surprised ETH and DAO aren't approaching zero right now.
DAO price is still relatively high on Poloniex and to me it is a big mistery.

pereira4

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Quote from: The Sceptical Chymist on July 27, 2016, 11:32:39 AM

Quote from: pereira4 on July 24, 2016, 10:11:11 AM

Quote from: Quartx on July 24, 2016, 10:04:09 AM

As long as there is interest from holders or simply people who pump and dump, a coin will survive, no matter how shit a coin is, unfortunately it happens

True, as long as speculation and decent volume to allow for it keeps going, a coin will "survive", but surviving is not enough. It seems like Bitcoin will remain the only serious and solid coin, and ETH will go down the path of being an absolute clusterfuck.

I'm very surprised eth isn't approaching zero right now. There's no explaining the stupidity of shitcoin supporters. How any of these have value is a mystery to me, but it's especially puzzling after what just happened with eth. Good summary of the events, by the way OP.

I am afraid you guys are right. Who would use ETH for smart contracts after this? I mean the precedent is set, now at any time they can start going for a hard fork as soon as the outcome of a smart contract doesn't end up they way they intended. This is just ridiculous and the opposite of smart and decentralized.

Topic: Honestly, for how long can ETH survive this mess? (Read 1643 times)