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Topic: There is nothing funny in The DAO "attack" (Read 6168 times)

sr. member
Activity: 294
Merit: 250
sr. member
Activity: 278
Merit: 250
The Ethereum price is still over $9, after so many fud about the hard fork. So when the fork comes, the price might even rise.

It is difficult to say. At the moment, there are about 30% of the miners do not want to hard fork, so the price might drop.
sr. member
Activity: 294
Merit: 250
The Ethereum price is still over $9, after so many fud about the hard fork. So when the fork comes, the price might even rise.
sr. member
Activity: 286
Merit: 250
I thaught it was funny... It happend just hours after i sold all of my eth that i had mined over the previous 3 months.   Cheesy
I got a real good price, i got out at $19, havent mined it since.  Cheesy

I may buy back in at $2...  After all,....   things blow over....   
You lot still enjoy eating British Beef 15 years after we inadvertently managed to export Creutzfeldt-Jakob disease around the world?  Shocked


I wish you can buy back at $2. But if the Etheruem price drops to 2 dollars, it means it is a dead coin, there is no point to buy.
sr. member
Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
I thaught it was funny... It happend just hours after i sold all of my eth that i had mined over the previous 3 months.   Cheesy
I got a real good price, i got out at $19, havent mined it since.  Cheesy

I may buy back in at $2...  After all,....   things blow over....   
You lot still enjoy eating British Beef 15 years after we inadvertently managed to export Creutzfeldt-Jakob disease around the world?  Shocked
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
So these big bitcoin guys have lost a lot of money during the DAO hack. Maybe they will try their best to revive it.

They already lost a lot of unrealized money by trying hard to keep keep Bitcoin alive.  Almost 3 whole years and nowhere close to $1250, even during the halving which people claimed would send the price up.   Roll Eyes

Same will happen to Ethereum.  Nobody is going to touch Ethereum with a 10 footpole, especially after that critical piece in the WSJ and this $150 million being put at risk on DAO.  Never will see $18 again.  Ethereum will just sit there and stagnate for years until it is sidestepped by another alternate.

I bought some bitcoin when the price was $60. So I also lost lots of money after the price rose to $1200.

I think you need to go back to basic math class. Tongue

AFA there being nothing funny about the DAO hack, well I thought this was funny. Smiley

https://www.youtube.com/watch?v=Ik4DpbVQxlA

sr. member
Activity: 294
Merit: 250
So these big bitcoin guys have lost a lot of money during the DAO hack. Maybe they will try their best to revive it.

They already lost a lot of unrealized money by trying hard to keep keep Bitcoin alive.  Almost 3 whole years and nowhere close to $1250, even during the halving which people claimed would send the price up.   Roll Eyes

Same will happen to Ethereum.  Nobody is going to touch Ethereum with a 10 footpole, especially after that critical piece in the WSJ and this $150 million being put at risk on DAO.  Never will see $18 again.  Ethereum will just sit there and stagnate for years until it is sidestepped by another alternate.

I bought some bitcoin when the price was $60. So I also lost lots of money after the price rose to $1200.
full member
Activity: 201
Merit: 100
So these big bitcoin guys have lost a lot of money during the DAO hack. Maybe they will try their best to revive it.

They already lost a lot of unrealized money by trying hard to keep keep Bitcoin alive.  Almost 3 whole years and nowhere close to $1250, even during the halving which people claimed would send the price up.   Roll Eyes

Same will happen to Ethereum.  Nobody is going to touch Ethereum with a 10 footpole, especially after that critical piece in the WSJ and this $150 million being put at risk on DAO.  Never will see $18 again.  Ethereum will just sit there and stagnate for years until it is sidestepped by another alternate.
sr. member
Activity: 294
Merit: 250
So these big bitcoin guys have lost a lot of money during the DAO hack. Maybe they will try their best to revive it.
full member
Activity: 201
Merit: 100
Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.


Ethereum has made regular disingenuous claims just like NXT and Bitshares did.  I agree with your assessment where Ethereum will fall from the top 10.  If you trust serial liars then you're asking for your money to be stolen.  

- Vitalik Buterin claiming he would write his own programming language from scratch, which he has yet to do and never mind it took languages like Java 10+ years to work out the bugs and train developers.
- Ethereum spammed about IBM Adept, but Paul Brody has left IBM and Project Adept has been canned (AFAIK).  
- Dapps was spammed like the second coming of Jesus, but it all amounted to illegal gambling apps and the internet is already full of them with millions of users and there's no reason for those users to go to Dapps.
- "Smart Contracts", more like "Smart Theft", which put $150 million at risk.


The red flags were present in Ethereum before launch.  Some Blog Editor who was passed off as a programming prodigy (when all he had were media connections, at best).  PhD Philosophy founder whose prior employment was a bankrupt DJ sound company.  Other staff at Ethereum, according to their linkedin, hadn't work a day since DotCom...


Call it what you want, whether it is hype or scam, but Ethereum is just plain bad.


The red flags were there before the launch, why did people invest it. Also why do miners still securing the network?


I did mention some pre-launch stuff but there is more.  They actually had a first IPO based out of Canada and it was shut down within days - whether by themselves or the legal authorities is uncertain.  It's a red flag if they had rehost an IPO oversea and hide behind subsidiaries.

Why do people invest in it?  Are you certain it was many?  Vitalik's blog detailed the top 100 addresses owned nearly half of the IPO money and addresses are not people.  Ethereum had backing of some Bitcoin whales and Bitcoin media (Vitalik was the editor for Bitcoin Magazine), a pretty good combination if you want to ICO / pump something into the stratosphere.
sr. member
Activity: 278
Merit: 250
Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.


Ethereum has made regular disingenuous claims just like NXT and Bitshares did.  I agree with your assessment where Ethereum will fall from the top 10.  If you trust serial liars then you're asking for your money to be stolen.  

- Vitalik Buterin claiming he would write his own programming language from scratch, which he has yet to do and never mind it took languages like Java 10+ years to work out the bugs and train developers.
- Ethereum spammed about IBM Adept, but Paul Brody has left IBM and Project Adept has been canned (AFAIK).  
- Dapps was spammed like the second coming of Jesus, but it all amounted to illegal gambling apps and the internet is already full of them with millions of users and there's no reason for those users to go to Dapps.
- "Smart Contracts", more like "Smart Theft", which put $150 million at risk.


The red flags were present in Ethereum before launch.  Some Blog Editor who was passed off as a programming prodigy (when all he had were media connections, at best).  PhD Philosophy founder whose prior employment was a bankrupt DJ sound company.  Other staff at Ethereum, according to their linkedin, hadn't work a day since DotCom...


Call it what you want, whether it is hype or scam, but Ethereum is just plain bad.


The red flags were there before the launch, why did people invest it. Also why do miners still securing the network?
full member
Activity: 201
Merit: 100
Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.


Ethereum has made regular disingenuous claims just like NXT and Bitshares did.  I agree with your assessment where Ethereum will fall from the top 10.  If you trust serial liars then you're asking for your money to be stolen.  

- Vitalik Buterin claiming he would write his own programming language from scratch, which he has yet to do and never mind it took languages like Java 10+ years to work out the bugs and train developers.
- Ethereum spammed about IBM Adept, but Paul Brody has left IBM and Project Adept has been canned (AFAIK).  
- Dapps was spammed like the second coming of Jesus, but it all amounted to illegal gambling apps and the internet is already full of them with millions of users and there's no reason for those users to go to Dapps.
- "Smart Contracts", more like "Smart Theft", which put $150 million at risk.


The red flags were present in Ethereum before launch.  Some Blog Editor who was passed off as a programming prodigy (when all he had were media connections, at best).  PhD Philosophy founder whose prior employment was a bankrupt DJ sound company.  Other staff at Ethereum, according to their linkedin, hadn't work a day since DotCom...


Call it what you want, whether it is hype or scam, but Ethereum is just plain bad.


sr. member
Activity: 278
Merit: 250
There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun  Grin Grin Grin

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.



That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

From what I see there, most people support the hard fork. So maybe the hard fork will be implemented.

The problem is that if the DAO holders get back their Ethereum, they might dump the coin immediately.

But I heard most of the DAO holders are long term investors of the Ethereum, they might not dump to fast.

Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.

So the Ethereum needs some continuous development of the platform so that it can be used by institutions.

In the Ethereum blog, there are still reports about the developments.
https://blog.ethereum.org/2016/07/11/taylors-summer-update/
sr. member
Activity: 270
Merit: 250
There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun  Grin Grin Grin

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.



That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

From what I see there, most people support the hard fork. So maybe the hard fork will be implemented.

The problem is that if the DAO holders get back their Ethereum, they might dump the coin immediately.

But I heard most of the DAO holders are long term investors of the Ethereum, they might not dump to fast.

Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.

So the Ethereum needs some continuous development of the platform so that it can be used by institutions.
legendary
Activity: 3010
Merit: 1460
There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun  Grin Grin Grin

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.



That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

From what I see there, most people support the hard fork. So maybe the hard fork will be implemented.

The problem is that if the DAO holders get back their Ethereum, they might dump the coin immediately.

But I heard most of the DAO holders are long term investors of the Ethereum, they might not dump to fast.

Sooner or later they will reach a breaking point. In 2 - 3 years I think some of them would have to dump if no bank or company uses the Ethereum blockchain. We've seen this happen to NXT, Bitshares plus others. They just fell from the top 10 at coinmarketcap.
sr. member
Activity: 294
Merit: 250
There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun  Grin Grin Grin

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.



That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

From what I see there, most people support the hard fork. So maybe the hard fork will be implemented.

The problem is that if the DAO holders get back their Ethereum, they might dump the coin immediately.

But I heard most of the DAO holders are long term investors of the Ethereum, they might not dump to fast.
sr. member
Activity: 286
Merit: 250
There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun  Grin Grin Grin

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.



That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

From what I see there, most people support the hard fork. So maybe the hard fork will be implemented.

The problem is that if the DAO holders get back their Ethereum, they might dump the coin immediately.
sr. member
Activity: 270
Merit: 250
There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun  Grin Grin Grin

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.



That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35

From what I see there, most people support the hard fork. So maybe the hard fork will be implemented.
sr. member
Activity: 312
Merit: 250
LTC fan 4ever
There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun  Grin Grin Grin

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.



That is old news. Today we have the hard fork:
https://www.reddit.com/r/ethereum/comments/4r9yud/the_current_hf_status/?st=iq9k6bus&sh=d4303e35
sr. member
Activity: 350
Merit: 250
There is a white hat attack. It seems most coins are secured.
https://np.reddit.com/r/ethereum/comments/4p7mhc/update_on_the_white_hat_attack/

See the date, see the notice.

https://np.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/d4j7ldn

fun  Grin Grin Grin

and yeah OP, i agree with you. but the main point of making jokes with these is the fact that people still buy ethereum... even with that said in this topic people still belive... that's not hope, that stupidity.

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