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Topic: The Ethereum Paradox - page 44. (Read 99889 times)

sr. member
Activity: 454
Merit: 250
This industry is pure fiction
February 25, 2016, 06:45:16 AM
Actually you're wrong. That's the daily volume you've quoted there ($10m+).

Insiders buying from themselves to pump up daily volume is a well known tactic of shrilling shit coins. Welcome to the party. Seems you need to catch up on your education of how market manipulation works when the insiders control a large percentage of the float.

Again 96% of all ETH volume is done on two exchanges. I don't see those exchanges sharing their KYC data on who is trading with whom. So it is impossible for anyone to refute this.

Nope. That's just your personal opinion, not fact set in stone, which you will also find impossible to prove. Others have a different opinion of the ETH daily volume.

Where is your proof?

I've never seen a case where humans didn't take money that was sitting in front of their faces to take. The insiders always do this, unless they are worried about being caught and prosecuted. But since ETH was an illegal unregistered investment security launched from Switzerland to attempt to side step SEC (and I presume EU) regulations[1], we don't have to doubt whether they feel constrained by any regulators.

[1] But they marketed it to US investors so they are still in violation of SEC law.

Where is your proof?

Here's mine - www.coinmarketcap.com

...and please, not just another statement from you. Show something. Anything! Even just one link to something that isn't just you making claims!
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
February 25, 2016, 05:58:08 AM
Shrilling

There you go again.  "Shrill" cannot be used as in "someone is shrilling". It is grammatically incorrect and reads horribly.  I read somehwere you were over 50.  How have you managed this many years on planet earth without learning the basics of the english language?

Someone is shrilling about the rules of grammar without actually knowing the rules of grammar.

Lets use some examples to illustrate how common TPTB's usage is: "He is programming the coin to act as decentralized cash. She is speculating Dash is on its last leg. Mike Hearn is harping on Bitcoin's politics."

It's being used as a present participle verb in your example, so I'm not sure why you think it is being used incorrectly. Am I missing something? Even if you change the tense, the function is the same:

"He was making a shrill sound. He was shrilling all night about grammar and some guy online. He will shrill the song so badly, that none of us will want to hear it again."

Given that shrill is a noun, an adjective, an adverb, and a verb, it would be hard to argue that it can't be used in any of those functions. Though the verb form of shrill is of older decent and perhaps sounds out of date, it doesn't mean it can't be used in that tense or come back in vogue similarly to the reemergence of the word trolling, which has much more to do with making something go around and around in a circular way than it does with monsters who live under bridges. I also think you are missing that TPTB_need_war has cross-bred the words shrill and shill to create a very descriptive word that can be used interchangeably for shill and shrill. Words are very adaptive and new usages can add richness to the language and a greater degree of precision in speech--personally, I like this addition.

http://dictionary.reference.com/browse/shrill





Yes but you still cant be 'a shrill'. His usage was wrong and weird. You and him are both wrong get over it
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
February 25, 2016, 05:45:14 AM
Well, well, if you consider that my post today basically points out that scripting on a block chain can never be secure unless the security is centralized (and you trust that centralized manager), then basically the writing is on the wall that China already controls Bitcoin and they also want to control the centralized scripting block chain.

Decentralized crypto currency and block chains are currently dead. We only have centralized. The internet is being destroyed.

China may be mining BTC with free electricity (cost charged to the collective), thus the ETH is essentially free for them at any price. And they can't sell all the BTC they mine without driving the BTC price down.

On the next halving, China's % of the hashrate will increase from the current 65%.

If you read the essay that I posted on ET, you'll see the philosophical argument that we are moving toward centralized systems in all aspects of life--the economy just happens to be one aspect of a larger network. To misquote Woody Allen, "The network wants what the network wants." Replacing capitalism with network just gets at the heart of what's being created.



Could youpls post a link?

But since (crypto - ccy) trust in in decentralization, there will be always waves (buy into one crypto / out) and cryptos with too much centralisation will head down and be replaced by new ones . I simply just don't buy a BTC if I've to trust 1-2 miners , would you?
legendary
Activity: 1750
Merit: 1036
Facts are more efficient than fud
February 25, 2016, 04:51:44 AM
Well, well, if you consider that my post today basically points out that scripting on a block chain can never be secure unless the security is centralized (and you trust that centralized manager), then basically the writing is on the wall that China already controls Bitcoin and they also want to control the centralized scripting block chain.

Decentralized crypto currency and block chains are currently dead. We only have centralized. The internet is being destroyed.

China may be mining BTC with free electricity (cost charged to the collective), thus the ETH is essentially free for them at any price. And they can't sell all the BTC they mine without driving the BTC price down.

On the next halving, China's % of the hashrate will increase from the current 65%.

If you read the essay that I posted on ET, you'll see the philosophical argument that we are moving toward centralized systems in all aspects of life--the economy just happens to be one aspect of a larger network. To misquote Woody Allen, "The network wants what the network wants." Replacing capitalism with network just gets at the heart of what's being created.

sr. member
Activity: 420
Merit: 262
February 25, 2016, 04:36:38 AM
Well, well, if you consider that my post today basically points out that scripting on a block chain can never be secure unless the security is centralized (and you trust that centralized manager), then basically the writing is on the wall that China already controls Bitcoin and they also want to control the centralized scripting block chain.

Decentralized crypto currency and block chains are currently dead. We only have centralized. The internet is being destroyed.

China may be mining BTC with free electricity (cost charged to the collective), thus the ETH is essentially free for them at any price. And they can't sell all the BTC they mine without driving the BTC price down.

On the next halving, China's % of the hashrate will increase from the current 65%.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
February 25, 2016, 03:40:34 AM
3.POS is still in development and the currency will survive it just fine in fact it will probably increase in value, again.

3. sure.

Apparently the insiders can push the price higher and higher buying from themselves because there aren't many people selling. Perhaps only the insiders actually own any now, or a few other fools who don't understand the bag they are holding.

This is the greater fool theory in action. They apparently think they are going to be able to dump this on some greater fools at nose bleed prices, if they continue to push the fake price and fake market cap higher.

I suppose there is a steady stream of new fools coming into altcoins, so the scams stay active to pilfer their lunch money.

I' d rather assume - because of most is traded vs BTC - that chinese BTC pools also want to dominate ETH - and coming up PoS forces them to own much coins ... 

The good thing with all that is that there is going lot of fiat into crypto that might stay there for very Long time (as long as energy is cheap). 
sr. member
Activity: 420
Merit: 262
February 25, 2016, 02:59:35 AM
3.POS is still in development and the currency will survive it just fine in fact it will probably increase in value, again.

3. sure.

Apparently the insiders can push the price higher and higher buying from themselves because there aren't many people selling. Perhaps only the insiders actually own any now, or a few other fools who don't understand the bag they are holding.

This is the greater fool theory in action. They apparently think they are going to be able to dump this on some greater fools at nose bleed prices, if they continue to push the fake price and fake market cap higher.

I suppose there is a steady stream of new fools coming into altcoins, so the scams stay active to pilfer their lunch money.
sr. member
Activity: 420
Merit: 262
February 25, 2016, 02:32:01 AM
Generalized scripting is going to open up 51% attack vectors that didn't exist in a more pure crypto currency usage of a block chain:

I didn't intend to post in this thread again, but seems I remember Monero would soon add multi-sig, and I wanted to make you aware of a potential 51% attack hole enabled by multi-sig:

https://bitcointalksearch.org/topic/m.14002317
sr. member
Activity: 420
Merit: 262
February 25, 2016, 02:26:14 AM
generalizethis thanks for pointing out the range of the grammatical applicability, creativity and the concept of a living language. I was also thinking of those points, but I felt it might muddle my response if I elaborated. Also you explained it more eloquently than I would have.

Other examples I have employed in the past are Bitards, Bitcon, etc..

And the most recent usage of 'shrilling' was done on purpose to incite stoat to further attack irrelevant issues so readers can see he has no relevant technical or otherwise factual knowledge that pertains to the substance of this thread.
sr. member
Activity: 420
Merit: 262
February 24, 2016, 09:49:24 PM
While stoat plays a pathetic word game to deflect attention away from his inability to respond with "facts and data" per the substance of the prior page of this thread, he has been placed on ignore.

Snake oil salesmen use every possible technique to fool their victims. Eventually it reaches the point of absurdity such that even a total fool should be able to discern fact from shrilling.

The ETH price is fake due to insiders buying from themselves to fool their victims, as is the standard method of manipulation of shit coins. Their accomplices in this forum can offer no proof otherwise.
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
February 24, 2016, 09:42:40 PM
Shrill is an adjective.

It is also a verb which is how I employed it, "Justify your shrilling...". It applies to the shrill sound of overly emotional defensiveness as opposed to presentation of facts and data.

Your further attempts to avoid providing "facts and data" will be appropriately ignored:

Expect the shills to bury this post in more noise as they desperately try to sell you some bag holding shitcoins.

I've seen you call people "a shrill" on numerous occasions.  the actual word is "shill" not "shrill"

Calling someone "a shrill" just makes you sound retarded.  Which is fitting because you are retarded
sr. member
Activity: 420
Merit: 262
February 24, 2016, 08:42:59 PM
Shrill is an adjective.

It is also a verb which is how I employed it, "Justify your shrilling...". It applies to the shrill sound of overly emotional defensiveness as opposed to presentation of facts and data.

Your further attempts to avoid providing "facts and data" will be appropriately ignored:

Expect the shills to bury this post in more noise as they desperately try to sell you some bag holding shitcoins.
hero member
Activity: 756
Merit: 500
February 24, 2016, 08:39:37 PM
hey, ETH is very cool... let's enjoy all these cool currencies that have a meaning to exist... ETH is supported by some gof the greatest minds in the programming community.. c'mon, it's not involved in any paradox or even a scam like in the other thread started here in the forum. I'm happy to exchange ethereum and monero in the very beginning, now the values is 10 times higher, it's so cool I can't explain.
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
February 24, 2016, 08:35:40 PM
Shrill is an adjective.  You can't "be a shrill".  You can sound shrill or be shrill but you can't be A shrill.

The word you are trying to use is "shill" as in "to talk about or describe someone or something in a favorable way because you are being paid to do it"


Please stop butchering the Queens English.
sr. member
Activity: 420
Merit: 262
February 24, 2016, 08:28:05 PM
Your macroeconomic analysis is retarded.

Justify your shrilling with facts and data. I await your elaborately detailed presentation to back your claim.

Otherwise you(r ignorance) will be appropriately ignored.

Stop misspelling the word "shill" as "shrill" and I'll do anything you want

http://www.merriam-webster.com/dictionary/shill

http://dictionary.reference.com/browse/shrill

 4.
betraying some strong emotion or attitude in an exaggerated amount, as antagonism or defensiveness.

Shills shrill.

I see you have not been able to "Justify your shrilling with facts and data.".
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
February 24, 2016, 08:06:49 PM
Your macroeconomic analysis is retarded.

Justify your shrilling with facts and data. I await your elaborately detailed presentation to back your claim.

Otherwise you(r ignorance) will be appropriately ignored.

Stop misspelling the word "shill" as "shrill" and I'll do anything you want

http://www.merriam-webster.com/dictionary/shill
sr. member
Activity: 420
Merit: 262
February 24, 2016, 07:14:42 PM
Actually you're wrong. That's the daily volume you've quoted there ($10m+).

Insiders buying from themselves to pump up daily volume is a well known tactic of shrilling shit coins. Welcome to the party. Seems you need to catch up on your education of how market manipulation works when the insiders control a large percentage of the float.

Again 96% of all ETH volume is done on two exchanges. I don't see those exchanges sharing their KYC data on who is trading with whom. So it is impossible for anyone to refute this.

Nope. That's just your personal opinion, not fact set in stone, which you will also find impossible to prove. Others have a different opinion of the ETH daily volume.

Where is your proof?

I've never seen a case where humans didn't take money that was sitting in front of their faces to take. The insiders always do this, unless they are worried about being caught and prosecuted. But since ETH was an illegal unregistered investment security launched from Switzerland to attempt to side step SEC (and I presume EU) regulations[1], we don't have to doubt whether they feel constrained by any regulators.

[1] But they marketed it to US investors so they are still in violation of SEC law.
sr. member
Activity: 454
Merit: 250
This industry is pure fiction
February 24, 2016, 07:12:58 PM
Actually you're wrong. That's the daily volume you've quoted there ($10m+).

Insiders buying from themselves to pump up daily volume is a well known tactic of shrilling shit coins. Welcome to the party. Seems you need to catch up on your education of how market manipulation works when the insiders control a large percentage of the float.

Again 96% of all ETH volume is done on two exchanges. I don't see those exchanges sharing their KYC data on who is trading with whom. So it is impossible for anyone to refute this.

Nope. That's just your personal opinion, not fact set in stone, which you will also find impossible to prove. Others have a different opinion of the ETH daily volume.
sr. member
Activity: 420
Merit: 262
February 24, 2016, 06:56:20 PM
Actually you're wrong. That's the daily volume you've quoted there ($10m+).

Insiders buying from themselves to pump up daily volume is a well known tactic of shrilling shit coins. Welcome to the party. Seems you need to catch up on your education of how market manipulation works when the insiders control a large percentage of the float.

Again 96% of all ETH volume is done on two exchanges. I don't see those exchanges sharing their KYC data on who is trading with whom. So it is impossible for anyone to refute this.
sr. member
Activity: 454
Merit: 250
This industry is pure fiction
February 24, 2016, 06:50:18 PM
The Ethereum Paradox, indeed.

1. The value has increased to 450M$. Meanwhile the author of the system has written 0 lines of code in the last month. https://github.com/vbuterin

2. The former CEO of the project has presented the potential of smart contracts, mentions ethereum, but doesn't show running code. https://www.youtube.com/watch?v=3bY66Zgr8Cs

3. The algorithm will be changed to PoS, yet its entirely unclear how the current currency can survive this.

AFAIK, and I'd like to be corrected with tangible evidence, nobody uses the software for anything. All the examples I've seen were theoretical. It is, as far as I can tell a purely speculative vehicle.

3.POS is still in development and the currency will survive it just fine in fact it will probably increase in value, again.

We are at the end of an Austrian "Crackup Boom" cycle globally, where excess credit has destroyed all profitable investments. Given the global collapse contagion underway which will accelerate from 2017 to 2020, the exodus from government bonds (and other conservative investments which are no longer viable) has really only one place to go (as Martin Armstrong predicted):

stock speculation

$450 million mcap is nothing. No where near $450 million has changed hands, rather only $10s of millions at most.

So everyone position yourself to partake of the trend. Fundamentals aren't the only factor involved. Speculation follows speculation.

Ethereum doesn't have a monopoly on this phenomenon...
Actually you're wrong. That's the daily volume you've quoted there ($10m+).
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