Is Ethereum the ultimate centralized dirtpile?

Robin,Hood

member

Activity: 462

Merit: 62

Quote from: BitcoinNational on August 22, 2015, 05:14:03 AM

Quote from: Robin,Hood on August 21, 2015, 02:59:53 PM

more ICO dirt info
18,733,855 ETH where purchased with 200k ETH or bigger chunks (including the 3 highest with one million each) ~~72 buys
21,035,775 ETH where purchased with 20k ETH or bigger chunks, roughly 300 buys (not individuals)
16,648,309 ETH where purchased with 2k ETH or bigger chunks, roughly 2365 buys (not individuals)
3,606,132 ETH where purchased with 0.2k ETH or bigger chunks, roughly 5120 buys (not individuals)
78,145 ETH less than 200 ETH lots, roughly 1150 buys (not individuals)

Top 100 addresses (not people) own 40% of ETH's

At the end of the day all meaningless as only the central headquarter knowns how many times a person clicked the buy button for any given amount of ETH crap

bump

Why is the algo and base money and reward and other basic info not posted anywhere?
srsly? OP 101 stuff and I can't find it ... best info I got so far is it is a POW maybe going to stake ... How 2 mine ETH?

Thats part of the point. It is a intentional clusterfuck from the very beginning. Ethereum wants to be the AOL of crypto.
The block reward is static (fixed) and equal to 5 Ether forever. 7200 blocks per day x5 Ether-per-block. = 36,000 ETH/day
EtHash is the algorithm for Ethereum it derives (hybrid) from Dagger-Hashimoto, is memory hard, you'll need at least 1+GB of RAM on each GPU and best run on Linux. You also need "ethminer" to mine.

The bottom line is Ethereum is inherently flawed, there is nowhere near the innovation it was hoped for so strategy changed to application platform. Other coins are way more innovative. "fuel" " is worthless, efficiency seriously sucks.
Paycoin 2 in the making pow->pos->dump the load.

BitcoinNational

legendary

Activity: 1470

Merit: 1010

Join The Blockchain Revolution In Logistics

Quote from: Robin,Hood on August 21, 2015, 02:59:53 PM

more ICO dirt info
18,733,855 ETH where purchased with 200k ETH or bigger chunks (including the 3 highest with one million each) ~~72 buys
21,035,775 ETH where purchased with 20k ETH or bigger chunks, roughly 300 buys (not individuals)
16,648,309 ETH where purchased with 2k ETH or bigger chunks, roughly 2365 buys (not individuals)
3,606,132 ETH where purchased with 0.2k ETH or bigger chunks, roughly 5120 buys (not individuals)
78,145 ETH less than 200 ETH lots, roughly 1150 buys (not individuals)

Top 100 addresses (not people) own 40% of ETH's

At the end of the day all meaningless as only the central headquarter knowns how many times a person clicked the buy button for any given amount of ETH crap

bump

Why is the algo and base money and reward and other basic info not posted anywhere?
srsly? OP 101 stuff and I can't find it ... best info I got so far is it is a POW maybe going to stake ... How 2 mine ETH?

languagehasmeaning

sr. member

Activity: 336

Merit: 250

ETH has lots of potential but the developers themselves say there is a lot of development work ahead. It could be several years before the true potential of the platform can be seen.

Robin,Hood

member

Activity: 462

Merit: 62

COMMERCIAL REGISTER
http://www.hrazg.ch/webservices/inet/HRG/HRG.asmx/getHRGPDF?chnr=1704012454&amt=170&toBeModified=0&validOnly=0&lang=4&sort=0

All his previous UK companies got Liquidated or Dissolved.
https://opencorporates.com/companies/gb/07891749
https://opencorporates.com/companies/gb/07920509
https://opencorporates.com/companies/gb/07891956
https://opencorporates.com/companies/gb/08126323
(Matthew N Wright is a known Unethical Scummfuck)

The new one awaits the same faith, always the same, generate Buzz and then the boot.

balu2

hero member

Activity: 742

Merit: 500

@OP
coinmarketcap has a thread on the forum. Write to OP of that thread, he'll add the stars

bat26

member

Activity: 64

Merit: 10

Is the tech as groundbreaking as they act??

Are other coins Turing complete? Is ethercoin?

Robin,Hood

member

Activity: 462

Merit: 62

more ICO dirt info
18,733,855 ETH where purchased with 200k ETH or bigger chunks (including the 3 highest with one million each) ~~72 buys
21,035,775 ETH where purchased with 20k ETH or bigger chunks, roughly 300 buys (not individuals)
16,648,309 ETH where purchased with 2k ETH or bigger chunks, roughly 2365 buys (not individuals)
3,606,132 ETH where purchased with 0.2k ETH or bigger chunks, roughly 5120 buys (not individuals)
78,145 ETH less than 200 ETH lots, roughly 1150 buys (not individuals)

Top 100 addresses (not people) own 40% of ETH's

At the end of the day all meaningless as only the central headquarter knowns how many times a person clicked the buy button for any given amount of ETH crap

MidwestMiner

full member

Activity: 224

Merit: 100

Quote from: favdesu on August 20, 2015, 11:52:52 PM

missing the illuminati link there. I'm sure they're involved Cheesy

on a more serious note: the only really interesting thing about ETH is Augur. too bad they chose ETH chain for their service instead of an established one

They couldn't use anything else to execute the type of antonymous smart contracts they need. They literally waited for Ether to happen, since it was a needed tool.

MidwestMiner

full member

Activity: 224

Merit: 100

So much 'missed crowdsale' toddler anger in this thread. It's beautiful!!!

Furio

legendary

Activity: 938

Merit: 1000

Could be, but it's really up to the community to build layers and layers, I think it's very promosing, you can build a system to decentral governing, without the possibility to corrupt because of the blockchain... alot can be achieved

favdesu

legendary

Activity: 1764

Merit: 1000

missing the illuminati link there. I'm sure they're involved Cheesy

on a more serious note: the only really interesting thing about ETH is Augur. too bad they chose ETH chain for their service instead of an established one

stoat

sr. member

Activity: 686

Merit: 270

FREEDOM RESERVE

Quote from: billotronic on August 20, 2015, 08:37:37 PM

Quote from: stoat on August 20, 2015, 02:49:03 PM

1337 is leetspeak you Noob

Strap on your tinfoil yarmulkes guys!

Lol and I'm accused of being steven tual! Lolz! I'm going to enjoy this thread.

no, n00b, its l33t (or 733t if you roll that way). get a fucking clue.

Yes but l33t is not a number between 1000 and 2000. 1337 is and 1337 is leetspeak. You can google it if you don't believe me.

mookid

sr. member

Activity: 446

Merit: 251

Sure, some transparency on this coin is needed.

billotronic

legendary

Activity: 1610

Merit: 1000

Crackpot Idealist

Quote from: stoat on August 20, 2015, 02:49:03 PM

1337 is leetspeak you Noob

Strap on your tinfoil yarmulkes guys!

Lol and I'm accused of being steven tual! Lolz! I'm going to enjoy this thread.

no, n00b, its l33t (or 733t if you roll that way). get a fucking clue.

stoat

sr. member

Activity: 686

Merit: 270

FREEDOM RESERVE

1337 is leetspeak you Noob

Strap on your tinfoil yarmulkes guys!

Lol and I'm accused of being steven tual! Lolz! I'm going to enjoy this thread.

benthach

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Activity: 1764

Merit: 1000

Quote from: Robin,Hood on August 20, 2015, 11:54:01 AM

Headquarter
Ethereum Switzerland GmbH, Grienbachstrasse 55, 6340 Baar, Switzerland
Available capital CHF 20'000
Authorized to sign, Managing director, CEO Alisie Mihai Valeriu, Romania

https://www.google.com/maps/place/Ethereum+Switzerland+GmbH/@47.1826468,8.5313858

Whats up with the pyramid logo?

https://i.imgur.com/LqvWFHD.png

As it is not a cryptocurrency coin (by own admission) why is it listed on Coinmarketcap?
Will Coinmarketcap soon list ever software company?
Why does it not have the Premined stars (**) on Coinmarketcap?
Why does Stephan Tual (aka Stoat) Admin, CCO of centralized Ethereum GMBH troll Bitcointalk?
Why lasted the 2000 ETH ICO for 14 days (2x7)?
Why did the presale last for 42 days (6x7) to 2nd of Sep. not 40 days (end of Aug. or 50 days, or a month......)?
Why did it linear decline for 28 days (4x7) from 2000 to 1337 ETH?
What is the significance of 1337 ETH (last ico price) other than 1+3+3+7= 14?
Why no giu wallet so only about 10% of available coins can be traded?
Why is there unlimited ETH supply?

..........
Fact is ETH can't do anything else other coins (like NxT, Qora....) already can do for a long time.

whats up with the pyramid? because it's a pyramid scam vaporware, nothing to it.

Cointoli

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Activity: 239

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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: Robin,Hood on August 20, 2015, 11:54:01 AM

Headquarter
Ethereum Switzerland GmbH, Grienbachstrasse 55, 6340 Baar, Switzerland
Available capital CHF 20'000
Authorized to sign, Managing director, CEO Alisie Mihai Valeriu, Romania

https://www.google.com/maps/place/Ethereum+Switzerland+GmbH/@47.1826468,8.5313858

Whats up with the pyramid logo?

https://i.imgur.com/LqvWFHD.png

As it is not a cryptocurrency coin (by own admission) why is it listed on Coinmarketcap?
Will Coinmarketcap soon list ever software company?
Why does it not have the Premined stars (**) on Coinmarketcap?
Why does Stephan Tual (aka Stoat) Admin, CCO of centralized Ethereum GMBH troll Bitcointalk?
Why lasted the 2000 ETH ICO for 14 days (2x7)?
Why did the presale last for 42 days (6x7) to 2nd of Sep. not 40 days (end of Aug. or 50 days, or a month......)?
Why did it linear decline for 28 days (4x7) from 2000 to 1337 ETH?
What is the significance of 1337 ETH (last ico price) other than 1+3+3+7= 14?
Why no giu wallet so only about 10% of available coins can be traded?
Why is there unlimited ETH supply?

..........
Fact is ETH can't do anything else other coins (like NxT, Qora....) already can do for a long time.

Yes it is... They used buzz word to make some bucks. It can't last...

statdude

legendary

Activity: 1498

Merit: 1000

Quote from: Robin,Hood on August 20, 2015, 11:54:01 AM

Headquarter
Ethereum Switzerland GmbH, Grienbachstrasse 55, 6340 Baar, Switzerland
Available capital CHF 20'000
Authorized to sign, Managing director, CEO Alisie Mihai Valeriu, Romania

https://www.google.com/maps/place/Ethereum+Switzerland+GmbH/@47.1826468,8.5313858

Whats up with the pyramid logo?

https://i.imgur.com/LqvWFHD.png

As it is not a cryptocurrency coin (by own admission) why is it listed on Coinmarketcap?
Will Coinmarketcap soon list ever software company?
Why does it not have the Premined stars (**) on Coinmarketcap?
Why does Stephan Tual (aka Stoat) Admin, CCO of centralized Ethereum GMBH troll Bitcointalk?
Why lasted the 2000 ETH ICO for 14 days (2x7)?
Why did the presale last for 42 days (6x7) to 2nd of Sep. not 40 days (end of Aug. or 50 days, or a month......)?
Why did it linear decline for 28 days (4x7) from 2000 to 1337 ETH?
What is the significance of 1337 ETH (last ico price) other than 1+3+3+7= 14?
Why no giu wallet so only about 10% of available coins can be traded?
Why is there unlimited ETH supply?

..........
Fact is ETH can't do anything else other coins (like NxT, Qora....) already can do for a long time.

Why can only 10% be traded wo GUI?

montaga

sr. member

Activity: 608

Merit: 264

Freedom, Natural Law

Trying to be something they are not, only about marketing.

Robin,Hood

member

Activity: 462

Merit: 62

Headquarter
Ethereum Switzerland GmbH, Grienbachstrasse 55, 6340 Baar, Switzerland
Available capital CHF 20'000 (about $ 21,000)
Managing director, CEO Alisie Mihai Valeriu, Romania
Joseph Lubin is the COO of Ethereum and is former Goldman Sachs
Stephan Tual Admin, CCO of centralized Ethereum

https://www.google.com/maps/place/Ethereum+Switzerland+GmbH/@47.1826468,8.5313858

Whats up with the pyramid logo?

https://i.imgur.com/LqvWFHD.png

As it is not a cryptocurrency coin (by own admission) why is it listed on Coinmarketcap?
Will Coinmarketcap soon list ever software company?
Why does it not have the Premined stars (**) on Coinmarketcap?
Why does Stephan Tual (aka Stoat) Admin, CCO of centralized Ethereum GMBH troll Bitcointalk?
Why lasted the 2000 ETH ICO for 14 days (2x7)?
Why did the presale last for 42 days (6x7) to 2nd of Sep. not 40 days (end of Aug. or 50 days, or a month......)?
Why did it linear decline for 28 days (4x7) from 2000 to 1337 ETH?
What is the significance of 1337 ETH (last ico price) other than 1+3+3+7= 14?
Why no giu wallet so only about 10% of available coins can be traded?
Why is there unlimited ETH supply?

..........
Fact is ETH can't do anything else other coins (like NxT, Qora....) already can do for a long time.

Topic: Is Ethereum the ultimate centralized dirtpile? (Read 1629 times)