Topic: Roger Ver causes another dump (Read 2679 times)

Dumping the bitcoins and making the price to fall,thats the routine job of Roger.If he dumps his bitcoins,every one should make use of it and buy cheaper bitcoins,thereby cleaning the bitcoin network from such guys.I think he had already lost most of his bitcoins in dumping.

I think he has different perception than all of us have,what made him think that way I don't know Bitcoin continue to be as it is and it's serving his purpose until now,and now that his Bu saga is over to take over bitcoin what will be his next move.will his BU continues to be a thread to bitcoin's supremacy?

I think that Roger Ver has already got ridden some of his bitcoins.
He may cause the dump, but I doubt he is willing to put all his fortune in BTC on some low price, where he could trigger most of the buy orders.
There was many times in the bitcoin history when someone was dumping the coins , but bitcoin price could build-up a bit later.

I always thought that even big dump of bitcoin on the small price will not affect the coin so hard, because it has trust in it.
Too many people rely on the bitcoin, and I think they would work to build their best cryptocurrency to have more posibilites to earn money through it.

I remember he was renting bitcoin.com to Star Xu at OKcoin for about $10,000 per month IIRC. For some reason Star didn't pay up and then the lawyers got involved. The letters back and forth between the two before that, which were released by Ver I guess, make for some good reading.

your idea has many faults.

1 that there should only be one source of income. the blockreward
2 that only one implementation should receive the 1% of block reward
3 that there should only be one implementation
4 that automatically getting $130 every 10 minutes means those in that team will do better
5 that automatically getting funds will make them do things the community want.

imagine it though. if say 500 people-5000 people wanted dynamic blocks. it needed say only 10 lines of code to change. and each of them put say $10 bounty in.

that is $5k-$50k to add dynamics

or

devs get $130 every 10 minutes ($6,832,800 a year).. and then while the devs are getting paid.. there is no structure or community agreement on what should be done by the devs.

infact the devs decide to grab an altcoin from a private elements project. tweak it a little and try to coax the community into accepting it as thier attempt at doing something. and 2 years later still debate with the community as to how utopian it is.
(netting them another $13.66mill wasting time) as an example.

so you tell me what is better
$5k-$50k for dynamics 10 lines of code
$500-$5k for txsigoplimit 1 lines of code
and so on

or automatic payments with no structure/target

Aside from whether it's actually causing a dump or not, I think it's just highly unprofessional to post such a message to the visitors of bitcoin.com
You want to get your point across? Fine, but don't do it in a way like this, it just looks really bad for yourself.

Not really others seeing them cashing $$$ their product would start for fight for even better product to replace old client with new one with better solutions better security.
If you see nice bounty at end you will go for it and get higher price.
IF you stop maintain your wallet other will kick you out of business.
Developers will fight each others to crash those clients and this way making them secure.

Bounty have to be worth effort of codding to attract best DEVS.
Those people earn like 100 000+ $ year so if you want HIGH quality devs then you have to pay for that. If you don't pay we stay where we are here.
Or you pay price or you will end with people like BTU devs.

Without funding devs we will never have 2nd team that will be better than core.
You allways get that what you are paying for:
Shitmoney - shit devs
Big bounty big names and best codders.

I think such kind of free market bounty would be best for BTC at all.
but we have to pay devs this i my opinion.

few years ago i had an idea.
if someone wanted a feature. they put a bounty up
EG "i want the background of the GUI to be pink ill pay $5"
if many wanted it lots of funds would pile up.

after a while devs would code features that were funded and get paid if those features were shown to work. and what the community wanted

that would have been a better system than "just throw 1% of blockreward at them, give them $130 every 10 minutes even while they sleep"(1% of $13k(12.5btc))

Then  miners should agreed that lets say 1% of mining goes to winning developer team which client is used for mining.
Give those folks money / bounty that is worth real effort without such self founding how they fuck they what good devs on board.
If you don't pay for devs you get what you can for FREE. Core are not those one to blame from my personal view miners should talk to each other how to solve that.
and start paying for developnet NOT big cash but something like 1% for best BTC client would be great.

When we have such issue we should make solution.
I don't like monopoly in any form mining/leading devs we need ways to move around .
Self founding wining client would be GREAT addition.

I also soft-forks should be standard so business would NEVER be damaged by changes.
Worst things for business are changes.

lol if you think ETF are good then your only thinking about 15 minutes of media coverage on bloomburg and nothing more said for a year.

all while 200,000 coins get LOCKED into a trust for decades. never to be used in circulation. and people then trading on exchanges of SHARES of a company owning the locked funds, and not real bitcoin exchanges.

taking coins out of circulation can affect the price, sure.. but the utility of bitcoin.. is a whole different thing.

---

too many people are watching the fiat price.

much like them guys that sit in the corner of a cafe always watching the exits. you can tell they are not comfortable and ready to leap out if they spot something they dont like.

they are the guys that will smile and wink at the workers, pretend to be loyal but be too afraid to tell them there is a fly in their soup. rather than be comfortable with where they are sat and want to raise the standards of where they are by being upfront and honest

---

what we need to be doing is stop praying for wall street to take over bitcoin. stop kissing devs butt cheeks because they are programming things in favour of wall street. and instead think about bitcoin from the decentralised ethos of what it was built for, as hinted in the genesis block.

then real value will come thanks to real utility. not due to locking funds up and limiting bitcoin utility while people trade offchain

Everyone is allowed their say when it comes to bitcoin. I believe what Roger is doing is good, he's voicing his opinions. In this decentralised system, you should be able to think for yourself, and not blindly follow what a dev feeds to you. Im not saying that I totally hate Blockstream, i'm saying that this is a fundamental part of bitcoin. The to and fro of different parties.

Well... Letting bitcoin.com go was a big mistake. Dev team should have secured that domain. Because of that mistake now we have to suffer from this retarded incompetent piece of superego's threats.

What the fuck does he think he is? If there is a Satoshi living in somewhere, i hope he buys this domain from that retard and pay whatever he asks.

I do not know whether his speculation and manipulation has caused this price slide,but i expected a correction but the market really likes to swing on hearing any news.How on earth did he able to accumulate forty thousand bitcoins,with those kind of coins he can really manipulate the price without a doubt if he wants to.

I agree big boys dump, lots of smaller boy pick up, this means, more and more people will be involve in Bitcoin.  Dump means opportunity to buy Bitcoin at cheaper price.  Those who are only short sighted will worry about the decline in price but for sure those who have faith will definitely happy to buy them at low price and hold.

Roger sold BTC for alts as many early adopters who believed in BTC as daily currency, but those one who sold this is their chose i see that new people are coming in and buying those OLD stack coins.
And new "smart trades" are coming in too. Some big boys know that they will make ETFs for BTC and will load on all kind disappointments and bla bla.
For BTC is great when those BIG holders dump early BTC because once is consumed it won't go so easy to any alt guys.

Exactly why roger ver and his likes will keep bowing their heads down in shame because the price us no being back up and before you know it your propaganda would be a wasteful enterprise.

Ethereum back up to $50 btw... Bitcoin sells off, Ethers are bought... there's some inverse correlation as Ethers were down to $42 last week while Bitcoin went up.
So, yeah.  maybe just maaaaaybe has little to do with Roger.

This.

No-one listens to The Vermin about anything else in Bitcoin, and his "big announcement" was just a re-hashing of the same allegations that Roger and his disciples have been bleeting about for over 6 months.

The proof is evident, no-one much likes or trusts Ver now, and the market players in particular are unlikely to be treating his words seriously ("Mt Gox is solvent" debacle, reneging on the BTC/BTU with Loaded, etc)

I agree to what you have said, to beat core is to come up with better proposal and better non glitchy code.  Though I think he is looking for some sentiment from  Bicoin community (probably he cannot beat core by code) so he is poking everone's emotion to go against Bitcoin Core.  It would be better if he can compete with core in terms of code and not through some propaganda that can affect Bitcoin Market stability negatively.

Um its more like a drop in bitcoin and the knowledge that Roger Ver exists causes you to think that correlation means causation and that it is true. Nonsense. There’s no way you can prove the dump was caused by Ver.
How did you trace it back to him ? Through his website. Just because he says something doesn’t mean everyone follows it. But regardless the dump is actually good and one reason I like Bitcoin!