Topic: The Complete Story of Ethereum so far (Read 1115 times)

If the ETH and ETC reach parity, that means both coins are dead coins. The price will be lower than 0.01 dollar each.

Logically, they should reach parity (very similar offers with very similar distributions), but nobody should think that that parity should be reached around half of the current market cap.  The current market cap is way way overvalued, because still in dream mode of complex smart contracts with lots of business money.  That dream is over.

I think, parity, yes, but rather somewhat lower than the current ETC price.

@bbc.reporter
Well said.. agreed !

This is why principles matter in Crypto.
Then you don't end up getting trapped in scams LOL

Find a project you believe in and try and be a REAL supporter.

And to that i say pay close attention to whether a project is suppose to be a currency or not.
I know i did not come here for ICO schemes.. (or rigged scammy platforms like Steem)
I came here to be a part of the future of digital MONEY (BTC or it's successor)

No idea why everyone thinks it all has to revolve around getting paid.
No one was paying the dev's here when this shit started people !
And believe it or not plenty of people do things for no financial incentive.
I know i have spent my life doing it.

I have coded many programs or made digital content etc that was shared online
and almost always posted with source and a steps to re-create it.
And even when offered i refused "payments"
Like when i helped a guy on Cryptsy's Troll box long ago with a wallet problem.
I helped the guy get all his coins back from a corrupted wallet..
After he was soooo grateful and kept offering to give me some coins in return.
He kept saying post your trade key ..and i would not !
I told him i am just happy to help.

I am not a perfect angel and having money is nice & all but..
I don't want to get side tracked from the point of all this.

The ETH holders are not blinded by Vitalik. They are blinded by the potential money they will make by holding ETH. Vitalik knows this and is using it to get his way of running things. Greed is what is making their "community" follow him. The minute ETH will start to really crash just watch these same people all go back to the original chain. Most of them will even start calling Vitalik names.

@pereira4
Well said !
Couldn't agree more.. especially the inertia part.

I also have to guess many so called "Supporters" (Bag holders)
would potentially agree with what you said but they are struck trying to make it all work.

I often look at ETH as a two point issue.
I have problems with the fact it was an ICO and a scammy launch of one i think.
Then everything that came afterwards..

And the "afterwards" is a huge ass mess !
That post launch bullshit is more than enough to steer me clear of it.
Although i would never have any use for DAPPS (APP's) / "Smart Contracts"
They ain't lookin' to smart these days 

ETC is the obvious smart choice vs Ethereum.

It's funny how those ETH bagholders will defend anything Vitalik says or does.
Vitalik dumps 25% of his holdings? Cool.
Vitalik hard forks to bailout himself and other deep pocket dev investors? Cool.
Vitalik demands exchanges to stop all trading so people can't sell? Cool.

The cult mentality behind Vitalik and the shit-tier developers in ETH is a case of study.

https://www.youtube.com/watch?v=OGGW9ozE-ys

Andreas and Charles totally destroyed that Martin moron guy. I like Charles much more than Vitalik, he is down to earth and more mature and less autistic. ETH fundamentals are doomed and the coin only lives in the innertia that it has built thus far.

If the DAO hacker proclaim that he will support the ETC by spending money on the development, that could maintain the price.

@pereira4

Do NOT forget Butters admitted publicly to dumping 25% of his "holdings" a while back.
And people have tried to say he did it while the coin was about $6 each
..which is bullshit.
Which amounts to 1 million dollars $$$ he TOLD YOU ALL he dumped on you !

AND !

Where the fuck did he get that 25% and the other 75% waiting to be dumped ?

Care ?
Of course you guys don't.. ICO ? Scam ?
Who gives a shit.. will it make me profit ?

Then you all line up to scream and chant.. TAKE MY MONEY NOW !

Haha. That blog is funny! This is a recommended read especially now in these tense times with the original versus the fork. We need to laugh about it from time to time. Did they really have champagne after the fork? If yes then that is really very funny.

The way it is now, ETC doesn't deserve more than 5mil $ market capital, honestly. There are many cryptos with much lower capital and much more usage / potential. Even Expanse, a shitclone of ethereum has more potential, and i dont think anyone can deny this. Untill an elite team of developers gather around ETC, announce a roadmap, plans, and investors, businesses / developers developing real projects on it like businesses / developers develop actively on ethereum, well untill then it is a dead coin manipulated for profit where some win, some lose, and it's not better than trumpcoin or Coynie west ( i really liked this one, devs with sense of humour, too bad it died)

You forget that the valuation of ethereum became this high exatcly due to the current dev team.. They have the contacts, they have the contracts and they have the capital to truly develop the platform.

ETC doesn't have this and is now boasting with high hash rates to promote the price. It is a massive circle they are in. Higher price --> higher hash --> higher price --> etc.

Using hashrate as measurement for what is supported is stupid as they have shown support for eth fork just weeks ago and are now only following the money.

ETH hard fork was a resounding success, 99% of miners chosing ethereum as main chain. few days later a whale pumped ETC so 10-15% of hashrate jumped ship because of mining profitability, not because they believe in it. They hardforked because hardfork didnt rollback any other contract except for the DAO, fact. They didnt spell it out loud but implied that HF was possible because the money were locked for 1 month in dao and children dao, fact. A hardfork  over money stolen taht doesn't rollback any transaction / contract is normal in any society with high moral standards, fact.
I just butchered your arguments, go time to bed now.
@raphma because ethereum is the first dapp/smart contract platform developed and it's the most developed and advanced, currently. What they did wasn't done before, so any new developers would not only have to be blockchain experts, but would have alot of catching up because most "blockchain experts" are about blockchains that are used as bitcoin clones, aka currency only. A DAPP / contract platform is very different.
Why do you think there are ethereum clones ?It would take not only shitloads of skill but shitloads of time, so the eth clones, like expanse, copied the code and they ll probably copy other steps of it's development aswell, but without understanding it. And that's the reason there are no businesses / people building things on it, reason for it's curent low price.

dude... the world is full of developers.... why would etc need eth developers?

Again, im not trying to fool anyone, I am just exposing facts.

Vitalik acted as a central banker by trying to stop all exchanges, and he got told to fuck off and exchanges didn't stop ETH and DAO trading: FACT

The Ethereum hard fork was a disaster as they didn't predict the rise of the original chain and they did not even bother to fix replay attacks and now they need to hard fork again: FACT

They would have never hard forked to bailout the money if they weren't invested deeply into the DAO themselves: FACT

This hard fork over money being stolen sets an ugly precedent: FACT

The difference from ETH to ETC is that just like BTC never hard forked over money being stolen, ETC will never hard fork over money being stolen because BTC and ETC devs know that is a major mistake and sets a very big uncertainty variable in there: FACT

Please, look at the facts and decide for yourself.

Sorry but youre not fooling me. I hope you didnt invest your family savings into it, otherwise most likely one of your kidneys will end up on chinese black market as a desperate attempt to recover a part of your money, and then buy ETH at a loss.
Clear vision ? It's the clearest vision in cryptocurrency so far, they're following a roadmap created in 2013-2014, and so far they didnt have to modify anything in their original plan. Yes solidity isnt perfect, but nothing can be created with no bugs in the first try no matter how much you fud or shill. They are trying to actually create something different and usable, can the other 1000 altcoin clones say the same thing ?

Listen, I know that you are bagholding ETH and didn't sold for ETC when you should, but it's still cheap. You don't need to keep ignoring the facts here. Vitalik is a clown and got exposed in that reddit link I posted. He rendered itself an immature kid that is not cut for the job. He tried to stop exchanges to stop people from freely panic selling their ETH and DAO crap during the so called attack. Even everyone in /r/ethereum on that thread except the die hard bagholders like you, told them to fuck off for being such an hypocrite.

ETH fundamentals are rotten. It's a project without a clear vision. ETC is the only hope left for Ethereum. Those are the facts, now you can continue in your denial about said facts.

Most of the existing Ethereum developers will support the ETH only. So the ETC has to spend a lot on development.

Lol, that was a pretty decent article. I chuckled into my tea multiple.times.

That's what they want you to believe, that ethereum is a mess. It's only problem is that DAO was hacked months ago, they fixed it, that's it. And ofc the price dropped because of the panic sell, and the hardfork was a resounding success. Yes yes, in the meantime 10-20% of the hashrate went to ETC because of the pumps / manipulation, miners mine where there's more profit, but that doesn't change things.

ethereum (both of them) is a terrible mess right now. that is why you can't give any opinion about it for long term. it can die in long term for all we know.

but what is clear to me so far, is that ETC (the classic version) is on top right now and even though the price of it is lower, it has been growing at a very healthy rate and seems like it will continue to rise up for the short term.