That's correct.
You can think of your losses ....as "tuition".
Topic: I think Ethereum will be finished after this attack - page 10. (Read 15602 times)
Also mayor mistake from beginning was promoting it as BTC 2.0, ethereum should never compete with BTC! his place is corporation use and not currency decentralized concept!
This was not a mistake, ask yourself why a major Bitcoin outlet like Coindesk promoted Ethereum from day one with the rhetoric of being the next Bitcoin, ask yourself why it was allowed to do so? There are two major reasons but the most certain one is that it would never ever be BTC 2.0.
Do you really think Coindesk provides absolutely unbiased news about cryptocurrencies, with no ulterior motive at all? They are about as unbiased as FOX News or MSNBC.
You have much to learn about the Cryptocurrency space, newbie. (Or did you just create this sockpuppet account to try and get real noobs to help in the fight to prop up the sagging Ethereum markets.)Thats exactly what I meant. What motives are there we can only speculate.
I'm nothing defending ETH at all, by the contrary. There was also no point in saying what I think when it was being pumped and the creators were making bank, people would simply call sour grapes.
OK, my apologies for my misunderstanding. You're a prodigy newbie.
Also mayor mistake from beginning was promoting it as BTC 2.0, ethereum should never compete with BTC! his place is corporation use and not currency decentralized concept!
This was not a mistake, ask yourself why a major Bitcoin outlet like Coindesk promoted Ethereum from day one with the rhetoric of being the next Bitcoin, ask yourself why it was allowed to do so? There are two major reasons but the most certain one is that it would never ever be BTC 2.0.
Also mayor mistake from beginning was promoting it as BTC 2.0, ethereum should never compete with BTC! his place is corporation use and not currency decentralized concept!
This was not a mistake, ask yourself why a major Bitcoin outlet like Coindesk promoted Ethereum from day one with the rhetoric of being the next Bitcoin, ask yourself why it was allowed to do so? There are two major reasons but the most certain one is that it would never ever be BTC 2.0.
Do you really think Coindesk provides absolutely unbiased news about cryptocurrencies, with no ulterior motive at all? They are about as unbiased as FOX News or MSNBC.
You have much to learn about the Cryptocurrency space, newbie. (Or did you just create this sockpuppet account to try and get real noobs to help in the fight to prop up the sagging Ethereum markets.) If you've missed ETH ICO, today is actually the best time to buy ETH for the moment they've fixed issues, you will once again missed the train.
I remember there was a thread about someone kicking himself all because he didn't invest to it back when its price were just cents.
"fix" what is there to fix?
The problem with ethereum is not bugs or the way it was planed to work, its more concept problem, being to open and confused to use with no clear guides or plan for what it gona be used
Also bigger problem the ppl behind it wants to have 100% control, and this is crucial flow
Also mayor mistake from beginning was promoting it as BTC 2.0, ethereum should never compete with BTC! his place is corporation use and not currency decentralized concept!
the delusional and bagholders still holding on for dear life !
This is what you call checkmate. Game over!
I think that ETH will survive this DOA attack. My concern is when they go from POS to POW.
Once the hard fork is done there will be a huge dump from the participants who get their coins back. So in the short term there will be a period of uncertainity ,in the long term I think it will be a slow death.
Ethereum's case is different from btc's mtgox incident, now we have a code fail to prove that the whole logic behind the project is valnuerable. To me it is possible that they will need an other hf to update the language and give the developers the ability to run more tests before their code goes live.
Ethereum's case is different from btc's mtgox incident, now we have a code fail to prove that the whole logic behind the project is valnuerable. To me it is possible that they will need an other hf to update the language and give the developers the ability to run more tests before their code goes live.
If you've missed ETH ICO, today is actually the best time to buy ETH for the moment they've fixed issues, you will once again missed the train.
I remember there was a thread about someone kicking himself all because he didn't invest to it back when its price were just cents.
I think this is a train many of us will make sure to miss.
If you've missed ETH ICO, today is actually the best time to buy ETH for the moment they've fixed issues, you will once again missed the train.
I remember there was a thread about someone kicking himself all because he didn't invest to it back when its price were just cents.
It was dead on arrival, not everyone could see it.
The Ethereum Foundation has some funding left. It should have enough to develop the Ethereum further.
It was dead on arrival, not everyone could see it.
The fact that any person or small group of people can make someone's Ether useless is a problem. In a truly decentralized system that's not an option because it's virtually impossible
Also people who engage in smart contracts from now on will be very skeptical that they may be subject to theft, since many people who want smart contracts aren't developers
so i see it as a problem moving forward in terms of the power a smart contract exploit can have, and also even the discussion about forking is an admission that the system is not completely decentralized
Also people who engage in smart contracts from now on will be very skeptical that they may be subject to theft, since many people who want smart contracts aren't developers
so i see it as a problem moving forward in terms of the power a smart contract exploit can have, and also even the discussion about forking is an admission that the system is not completely decentralized
That is a kind of law enforcement in the digital world. It is still new. We need to have more exploration of that.
The fact that any person or small group of people can make someone's Ether useless is a problem. In a truly decentralized system that's not an option because it's virtually impossible
Also people who engage in smart contracts from now on will be very skeptical that they may be subject to theft, since many people who want smart contracts aren't developers
so i see it as a problem moving forward in terms of the power a smart contract exploit can have, and also even the discussion about forking is an admission that the system is not completely decentralized
Also people who engage in smart contracts from now on will be very skeptical that they may be subject to theft, since many people who want smart contracts aren't developers
so i see it as a problem moving forward in terms of the power a smart contract exploit can have, and also even the discussion about forking is an admission that the system is not completely decentralized
Ethereum will stay as long as there are plenty of investors making a lot of money from it.
lets see what happens, feels like 2014 again haha
Ethereum will probably be fine but a lot of people will probably take a second look at other currencies besides Ethereum.
I think Ethereum will be no more among us after this attack, the issues to it will be fixed sooner but i don't think that it will survive for longer , it will die in this year.
Vitalik Buterin did the mistake of his life by pannicking about people panic selling and demanding that exchanges froze the ETH markets... I mean what the FUCK? Think about this for a moment. This is terrible and sets a scary precedent. This would never happen with BTC because everyone knows it would be a disaster.
Wasn't there a bitcoin snafu where it went to 1c briefly because there was a major code problem in early days, like 2011 or 2012?
Not the same at all. BTC had a PROTOCOL problem, and BTC was tiny back then, no one even cared. ETH problem is just money being "stolen" (not really since "hacker" just used the contract's code), and marketcap is on the millions of dollars.
When was the last time satoshi told exchanges to freeze all funds? Get real, ETH is fucked, BTC as solid as ever.
you sir do not understand why eth coin has value and will survive this. Eth coin still mines at a profit and is the cheapest way to mine BTC via simple sell your mined eth for btc.
please sir remember that intel, nvidia ,amd all desktop mining industry wants a good gpu mined coin that allows for discounts on your gaming gear.
The only thing I would concede is any gpu coin that turns a mining profit works for the above major companies so if a gpu coin comes out that is better then eth so be it miners will switch.
Dude get real I don't have anything personal against ETH but Vitalik Buterin fucked up big time after he wanted to halt all tradings to stop panic sells, this is centralization..
I invite all ETH miners and users to begin using Emercoin. It will be switching to merged mining with BTC as well.
Eth miners cannot miner Emercoin if that is SHA256 coin. The Ehtereum still has some life left at the moment.
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