Topic: So where's the ethereum exodus? - page 3. (Read 3990 times)

3 years of explaining the game.. it does get old guys.
Especially when your telling people who are using NOOB accounts talking like EXPERTS
Who clearly have been here longer but are of course hiding their history here and most likely account hopping.
THEN..
Explaining the obvious to guys who know damn well what is going on around here.
Playing dumb and crying FUD for bucks.. the Bitcointalk way  

How does a long-con coin work noobs ?
What do whales do when they want to use a coin as a profit vehicle ?
And why else are all these people here doing this shit ?
Because they believe in DAPPS ?  
Gimme a fucking god damn break..  

So..
If it is about PROFIT ..then what ?
Well if you are a whale or rich you can write the rules.
Such as ?
Spoetnik crying Premine for 2 years on ETH made them add "Mining" long after the fact.
So the ETH Shills/Spammers can say ohhhh well, it's "mined" ....now  
They had 2 years to add mining.. you think it was tacked on so late why now ?
It was an effort to disarm FUD and most likely my FUD !

Take Note: I was the ONLY one who created the ONLY scam topic on ETH in 2014. (1 topic for 2 yrs)
[ETH] Ethereum = Scam

Look around people how many of you have any credibility ?
How many of you speak up when something is not right ?
How many of you go silent then profit then way later after you dumped then and only then "FUD" some coin ?

I am always alone standing here taking the heat for it all.
And i hear the same old dumb fuck retorts year after year..
And i reply to them over & over.
I should start a wiki..
I know every thing that will be said and all possible retorts that will be posted far in advance.
You all say nothing what so ever that surprises me ever.
You are all 100% predictable years in advance.

So smart little crypto noob account experts.. HOW DOES THIS STUFF WORK ?

Summary ?
- Short-Con Coin
- Long-Con Coin

Short is when they kill it off after a dump or two shortly after launch.

Long is when they plan on milking it long term for continued profits.

Motivations ?
Ethereum ? I'd say their motivations were obvious way back in 2014 at launch
When i noticed the massive intense super spamming advertisement(s) at COINDESK.
THAT behavior was a red flag giveaway as to their real motivations behind Ethereum.
Coindesk has had a history of flogging coins then manipulating them.. such as with Doge (as they admitted)
They asked what should we do with our massive ASIC Doge Mining operation (profits) we ran secretly ?
I will tell you..
They poured it into their "friends" new coin.. Ethereum.

You all go hard.. your idiots.
Idiots that is if you are not the Whales LOL
Being a scam enabler for chump change will catch up with you eventually.

I laugh at you all mostly because your pathetic losers.
All i see is rich people throwing their pocket change on the ground..
And all of you diving on your hands & knees picking it up.. ROFL

Why do i care ?
Am i the crypto-cop of morality ?
Fuck no !
I have told you all endlessly i say / do what i do for YOUR profits !
I continually remind you all your selling out & ruining crypto for peanuts / chump change.
When you COULD have been making far faaaaaar more already by now.
But you are not.. because you are fucking stupid.

But i do enjoy hanging around always being right saying "I Told You So" over & over & over.
I do get a perverse sense of satisfaction from watching pricks fall flat on their face.
It's enjoyable watching them do it and then pointing & laughing at them !

You all seen the topic.. "There is nothing funny about the DAO Attack"
Uhhhmm yes there is.. you scammy crypto-dregs of society gunning for your first pair of shoes deserve it. ..you had it coming.
99% of you had no clue what you invested in or why.. you are greedy lemmings !

When i started ?
Crypto users use to actually go and check source code for coins & wallets.
NOW ?
You don't even ask.. *WHAT* it is in the first place.. or.. WHO made it.. or WHY !
You all simply line up and scream as loud as you can "TAKE MY MONEY NOW!"
At the first sign of any popular ICO scam coming *next*

The majority of you as i say lots are already broke. (you just don't know it yet)
Put $1 dollar in your hand now ..so they can take it ALL later !

Get smart or don't.. i don't care.. I'll just laugh at you losers  

Hey profiteers..
The LEAST you could do is "Support" currencies.. not premined ICO scam schemes  
After all that is why we are here.

Don't like my comment / rant ?
Go make a new forum account about it & cry Troll / FUD for bucks $$$ greedy scammy brats.

It looks like everything is fine for now as everything is business as usual, it looks like.  So what now?  As far as Ethereum's future is concerned who knows.  Maybe start ups pick it up and test and build stuff on the network despite the fork debate or maybe not.  Only time will tell.  There was also a Peter Todd interview where he says Ethereum will not scale and that apps built in the platform will have performance issues as number of transactions go up.

When is it all going to come tumbling down? Big mammals like whales need to eat 

There will be a weeping and a moaning and a gnashing of teeth.

Coin is manipulated by whales since the start Nooby.
It's called Price fixing.. so how would you know then ?
Any other questions ?

Man, I'm sitting here looking at the price, with what I imagine is the same expression you have right now. These guys are actually buying this. It's like, children are trading on this market. It doesn't even behave right.

Now it wil start to open on almost all of the exchanges where it was available, on yobit it continued and never stopped, ethereum is now coming to its normal status with hard fork, and so the traders will start once again to trade with it.

Pfffft bs.

As usual whalebots winning the war with their "choice" of hype coin to pump long term.  Up and down she goes, ppl just make some but lose more.  Thus they win.  It's already proven failed and watch how much bloat u will have within 2yrs even from now =S.

As for potential in projects, as usual smaller coin devs doing huge things like WBB/1ex get overlooked.  yet they are just as potiential as ETH or whatever big shit!!

there ain't gonna be an exodus. the fork went smoothly and it's all back and running. that's not to say they haven't screwed themselves in the long run but it's an object lesson in money winning over principle. just like the rest of the world pretty much so it'll probably keep on climbing.

Everyone could buy if they wanted to, so thats not an excuse. And projects like ethereum need fuding/ico since they aren't simple copy paste projects like litecoin or any other btc clone. So instead of simply giving themselves a big amount of ether, they allowed everyone who wanted to participate to buy some aswell, ico result is same as mining, those with more hashpower / more money / more willing to risk, mine more.

Why would Ethereum users give a shit that Bitcoin users don't approve of their decision to hard fork? The community made a decision, which clearly had strong consensus. I'm sure that this will turn off some investors but the vast majority don't have a problem with it.

It's pretty much the same as when Bitcoin users don't give a shit when reporters call Bitcoin dead, for the umpteenth time. https://99bitcoins.com/bitcoinobituaries/

Syllable "pre" means "beforehand/before"

premining = "creation of coins before mining starts"  (actual meaning of the word/definition) usually in the genesisblock they just come into existance from nothing at no cost (these coins aren't backed by productioncosts, that's why they generally tend to deprecate real fast)

yes, ico is premine and the most untransparent way of distribution. Takes a fool to belive they didn't take the free coins they were offering to themselves.

  60 million ETH premine for the ICO
+12 million ETH premine for the devs
________________________________
   72 million ETH total premine

Ethereum was not transparent with the ICO. The devs could easily sneak away with way more coins than just this massive premine through their lack of transparency.

A compromise between funding to get the project off the ground and future mining to secure the network has been taken. If you were lucky enough to have bought into the crowd funding of Ethereum you would have helped fund the project as well as got yourself some currency on one of the most exciting financial/technological advances ever.

The fundraising was taken in mid 2014, and roughly 60 million (60,102,216 ETH) Ether units were issued at a rate of between 1000-2000 Ether per Bitcoin or BTC.

Of the total amount sold another 9.9% were released to allocated to the Ethereum Foundation to compensate early contributors and pay for ETH denominated expenses prior to the genesis block on the 30th July 2015.

Another 9.9% was maintained as a long term reserve for Ethereum meaning the total number of coins released prior to the launch was 72 million.

Prior to launch = premine in my eyes......

There were 0 coins premined. If you talk about the ico, thats not premine. Is there a difference between ico buyers and early miners ? Not really.

Where is my eTHC/mETH pair? Why is everyone chickening out at the most important part?

There are two chains now. It's too soon to say wich chain is the winning one because both seem to be viable for now and it could remain like that for a very long time. That means exchanges can't open deposit/withdrawals for mETH as long as eTHC is viable because doing so opens them up for going bankrupt in case eTHC would take over later in which case they all were betting on the loosing side. I don't know if exchanges want to take on that risk? As long as eTHC is active exchanges stand the risk of being left with worthless coins at a later stage.

Still watching and waiting for more exchange listings currently. Only the mETH/eTHC pair will bring the final clarity about the status quo everyone is looking for right now.

Announcing victory before it's 101% sure is convenient for mETH-heads but very dangerous for exchanges in case the favour of miners and users changes drastically (for whatever reason) on a later date in which case all exchanges betting on the wrong side would go out of business and maybe didn't even see it coming. With keeping mETH listed through the HF exchanges enabled ordinary users and miners to pull the rug from under exchanges for as long as mTHC is active.

I bet my bottom dollar the greedy exchanges didn't think about that outcome. Hash isn't so important because that changes with price and any whale can bump it at any later date for whatever reason. What's important: mTHC exists and therefore exchanges betting on the mETH HF can't feel completely safe for as long as eTHC exists imo. All it takes is mETH falling from grace or eTHC gaining some more support longterm. This game could keep going on for a very long time as many seem to be in it for ideology and not profit which makes the situation kind of unpredictable.

Once again happy to only be invested in popcorn.

72 million premined, I'm talking whale insiders / people from the beginning in the eth project.  They want the project to survive so they are dumping profits to keep the market held up and give the illusion the market is deciding it to pump, when its really only the select few to scam newbies with hype.  Delusional.. Good luck!

Their motives ? They simply believe in ethereum project more than they believe in any other crypto out there and they've seen it's potential. How hard is it ? Do you believe they couldn't dump everything when dao was hacked ? Ethereum is probably the only project out there where people really believe in its potential. It can also fail and go back to 1$ if devs screw up, fail, and don't deliver, or in 1 year time it can go up to 50-100$.

You, sir, are missing the point.  Please re-read. You may be one of the many newbies affected by the hype.

We know whales are still in it, that's who is holding Ethereum up right now.  They must have their motives, keep it alive so hyped noobs brings it up so they can slowly profit.

The trade volume of the Ethereum was too low recently. So the whales are still in the Ethereum.

Ethereum is open for deposits and withdrawals at poloniex.

this has been happening for a while now, the real investors who are experienced enough to notice these things have sold their coins long ago when the hack happened and the panic started to spread and stayed out. right now only newbies affected by the hype are buying and the whales owners who are throwing money away to keep the coin alive.