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Topic: [I don't know what ether is/ how its supposed to work but i know its the future] (Read 964 times)

sr. member
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"Its the drivers who are destroying uber"


Hmmm really
hero member
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The Ethereum price has dropped to 0.025 now. But with low volume. Has the big pump finished?
sr. member
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Lol I don't think Vitalik Is a scammer, ....
I have seen some youtube video's about him and Ethereum and if this was a scam this is the best ever:P
But it is not and Ethereum will be great, the dapps that are on the way are incredible
sr. member
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Just some small bumps in the road. ETH will dominate in the long run.

The Eth price is quite stable at the moment. It crashed 20%, but it is recovering quite well. It is just 10% down.
legendary
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Any suggestions on what book to read?  As far as eth goes, I don't own any and don't have a strong opinion on it either way.   I am an interested observer though.

I suggest Don Quixote. The only difference from the story and BTC is that everyone in the story knows the hero is living in a fantasy.
LOL, fair enough.  But did people think they were living in a fantasy back when bitcoin was only a few dollars?  It rose, then crashed, then kind of plateau'ed.  Could ETH not be doing the same? 

I will admit it does seem like a lot of folks are living in a fantasy.  It kind of reminds me of the late 90's with the internet stock bubble.  People were out of their minds.
hero member
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Look who got out of the wrong side of bed this morning.

The Eth price is quite stable at the moment. It crashed 20%, but it is recovering quite well. It is just 10% down.
sr. member
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TPTB is correct, although I'll try and explain in a more digestible manner Smiley

A contract in ETH (or any platform for that matter) can only come to a reliable consensus if the information it is using to come to that consensus is solely internal to the system.

In the case of this, the driver and the passenger could collude to input "fake" information into the system, perhaps so that the driver gets more tokens or whatever.  There is no way for the system to check, irrefutably, that the journey really was say 20 miles in distance, it could all be fake.

Even if you put a "black box" in the cab, you still cant ever be 100% sure that it wasn't tampered with, and so due to that uncertainly, the consensus can never be totally reliable.
legendary
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Facts are more efficient than fud
Any suggestions on what book to read?  As far as eth goes, I don't own any and don't have a strong opinion on it either way.   I am an interested observer though.

I suggest Don Quixote. The only difference from the story and BTC is that everyone in the story knows the hero is living in a fantasy.
sr. member
Activity: 420
Merit: 262
legendary
Activity: 3556
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Any suggestions on what book to read?  As far as eth goes, I don't own any and don't have a strong opinion on it either way.   I am an interested observer though.
sr. member
Activity: 420
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Maybe so, but I so know how a smart contract works. After your feeble statement I'm not sure you do.
legendary
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perfect username for this thus thread
    crypto jerk
think circle Wink

bravo!
sr. member
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[I don't know what ether is/ how its supposed to work but i know its the future will work despite smarter people than me explaining why it won't work in words I can't comprehend; and I am sure of this because Vitalik is a 20-year old genius who never made software before in his life and because Ethereum can do anything because Vitalik and Szabo said so]

Btw afaik Szabo never made any software in his life either. Don't bother to consider the knowledge of people who have actually made software that shipped to millions of users. Nick Szabo's LinkedIn is blank:

https://www.linkedin.com/in/nick-szabo-93565212



Our inner conscience can't be fooled by our outward con:

ETH is an amazing technology

Re: LISKETH price speculation

I heard the lead team consists of a college dropout and a ColdFusion web dev?

making people aware of the latest news of Ethereum is pumping


There is no way for a smart contract to form an objective consensus about events that occur external to a block chain.

Besides there rates will need to be set by a consensus of drivers. If you haven't noticed, it is the drivers who are destroying Uber.

All voting is a power vacuum that fails due to the Iron Law of Political Economics.

This press release is bullshit with no adoption and is merely to sell more ETH tokens to fools.

Augur and Slock.it and 99% of the apps/contracts announced for Ethereum are so flawed they can never work.

Logic 101:

Only someone mentally challenged could post a clip of an aircraft crashing
legendary
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Look who got out of the wrong side of bed this morning.
full member
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That people was sarcasm. Pull your head out of Vitaliks ass and Go read a fucking book.
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