Vitalik openly admits he doesn't trust his creation - page 6.

generalizethis

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Facts are more efficient than fud

Quote from: spartak_t on June 22, 2017, 10:30:00 AM

Quote from: generalizethis on June 22, 2017, 09:59:51 AM

Unless you are asserting VBUT is Satoshi, then your assertion that he doesn't trust His creation needs more proof than the tweet you provided. IE. not trusting the cc world 100% is pretty on point given the world we live in and diversifying--given the percentage of CC he owns of his own product--would take on the forms he listed--this is low, even for you Spartak (out of context pitchfork rattlin' at its finest/saddest).

I think ETH is stupid given that it doesn't act in the decentralized fashion it is advertised as--so ETH lovers can hate me too

Nothing is low enough, when trying to point (for the 100th time) that Ethereum is a pure bullshit, which is controlled by one of the biggest whales on the market. Low was to raise more than $170 Million and to bail out after a month. Bad thing is that if Ethereum FAIL, then nothing good can be expected. Even Bitcoin suffered bad from the DAO failure and I don't want to think what may happen with altcoins, which are far weaker.

Here's the thing--I do not disagree with a thing you just said.

BUT, the quotation you provided doesn't say what you assert in your thread title or the subsequent argumentation--being honest is hard work even for the "good guys".

spartak_t

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Quote from: generalizethis on June 22, 2017, 09:59:51 AM

Unless you are asserting VBUT is Satoshi, then your assertion that he doesn't trust His creation needs more proof than the tweet you provided. IE. not trusting the cc world 100% is pretty on point given the world we live in and diversifying--given the percentage of CC he owns of his own product--would take on the forms he listed--this is low, even for you Spartak (out of context pitchfork rattlin' at its finest/saddest).

I think ETH is stupid given that it doesn't act in the decentralized fashion it is advertised as--so ETH lovers can hate me too

Nothing is low enough, when trying to point (for the 100th time) that Ethereum is a pure bullshit, which is controlled by one of the biggest whales on the market. Low was to raise more than $170 Million and to bail out after a month. Bad thing is that if Ethereum FAIL, then nothing good can be expected. Even Bitcoin suffered bad from the DAO failure and I don't want to think what may happen with altcoins, which are far weaker.

care2yak

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Quote from: spartak_t on June 22, 2017, 01:34:15 AM

That's right, folks. This is the difference between people like Charlie Lee, who left their job to focus on their creation and people like Buterin who "diversify" in boats and bitches. He just used other words such as "fiat", "real estate" etc.. What happened with "welcome to the beginning"? Many of you (at least I'd like to think so) are happy if they manage to sell 10 ETH (or BTC, or whatever) and buy back 11, while people like Vitalik are "diversifying" in something else. If you think that guys who are taking your money to fund their projects have the right not to believe in their creations, then you are free to call me a troll. The guy is already a millionaire in fiat and he's set for life, so he can easily afford an ETH/BTC/whatever failure, but no... he is "diversifying" in boats and bitches. What a hypocrite.............

My respect to this guy just vanished.

Source: https://twitter.com/CryptoChrisG/status/877667235795419137

omg! he said that?!?! he doesn't believe in his own project! respect for the guy and faith in eth has now vanished completely!

generalizethis

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Activity: 1750

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Facts are more efficient than fud

Unless you are asserting VBUT is Satoshi, then your assertion that he doesn't trust His creation needs more proof than the tweet you provided. IE. not trusting the cc world 100% is pretty on point given the world we live in and diversifying--given the percentage of CC he owns of his own product--would take on the forms he listed--this is low, even for you Spartak (out of context pitchfork rattlin' at its finest/saddest).

I think ETH is stupid given that it doesn't act in the decentralized fashion it is advertised as--so ETH lovers can hate me too

Velev

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A guy with round head and big ears speaking about stuff he don't even believe .. wtf ..

nonlinearboy

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Quote from: loreRex on June 22, 2017, 01:57:05 AM

The best way to invest is diversify. This applies even to crypto/non-crypto assets, so the guy is completely right.

Yeah, that is true, I do not like to put all the eggs in one basket, so I think it does not mean that Vitalik is not trust his creation, he just tell us we should keep move forward.

spartak_t

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Quote from: ChinkyEyes on June 22, 2017, 07:19:24 AM

Having doubts in your project along the way is natural every entrepreneur has that. But saying it in public is PR suicide...

Holy shit... I can't believe my eyes! Some people can actually think!

ChinkyEyes

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Having doubts in your project along the way is natural every entrepreneur has that. But saying it in public is PR suicide...
What an idiot he should at least have trust in the future of blockchain and cryptocurrency.
As for diversify into real estate and stock I agree, I would do the same if I had his money stack.

BitcoinHodler

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HODLing is an art, not just a word...

Vitalik's twitter is a complete joke. you can actually read it and have a good laugh. specially the old ones.
i remember a couple of weeks ago someone posted an old tweet from him that was attacking bitcoin and calling its $0.5-1 fee of that time "absurd" and it took only 2 months for ether fees to reach that amount Wink

and don't even compare him with Charlie Lee, LTC is a legit crypto currency. it may not be the best at many things but it is pretty damn good and they are working very hard to improve it. meanwhile Vitalik is looking for ways of spending his free money.

PanneKopp

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aka ...

Quote from: ?? on ??

You're all stupid

Thank you for your well educated and experienced statement.

Take a look at the mirror, Dude !

Tongue

spartak_t

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My God... one can see why so many shitcoins are overpriced. People said it long time ago: Two things are certain - death and taxes. We do not need such discussions. Would you put your money in a bank, which tells to people it is possible to be robbed? Or to buy a house in a place, where it is possible to have a 8.0 or greater earthquake? True leaders knows about possible failures, but they do not speak about them! Discussing possible flaws in a system is one thing, telling to people "it might fail" is another.

Can you guys grasp my point now?

renes

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Yes it it is true he don't trust this ecosystem fully as normal but you trust fully because you don't know anything

Zoltes

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Everyone knows that investing in cryptos involves risks, why should Vitalik hide that. And he is not confident in fiat either.

HardFireMiner

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Ok, eth lovers, now you will know exactly what is happening when ETH tanks - Vitalik is "diversifying" Cheesy

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What a moron, I can't believe.

agente

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Vitalik knows how to buy at lower prices

benthach

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Quote from: spartak_t on June 22, 2017, 01:34:15 AM

That's right, folks. This is the difference between people like Charlie Lee, who left their job to focus on their creation and people like Buterin who "diversify" in boats and bitches. He just used other words such as "fiat", "real estate" etc.. What happened with "welcome to the beginning"? Many of you (at least I'd like to think so) are happy if they manage to sell 10 ETH (or BTC, or whatever) and buy back 11, while people like Vitalik are "diversifying" in something else. If you think that guys who are taking your money to fund their projects have the right not to believe in their creations, then you are free to call me a troll. The guy is already a millionaire in fiat and he's set for life, so he can easily afford an ETH/BTC/whatever failure, but no... he is "diversifying" in boats and bitches. What a hypocrite.............

My respect to this guy just vanished.

Source: https://twitter.com/CryptoChrisG/status/877667235795419137

Vitalik don't believe in his creation and crypto because he knew his creation is just a piece of shzit why it worth so much make him to believe this whole crypto is fake.

webcam_models hiring

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Quote from: Almeida on June 22, 2017, 03:19:15 AM

How much cryptocoin did you get in your silk-road-human-traffic-live-porn so far?

All payouts are in US $.

Quote from: Almeida on June 22, 2017, 03:28:01 AM

I'd like to buy more SONM tokens

You are addicted to Russian products.

Almeida

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Quote from: Spoetnik on June 22, 2017, 03:14:00 AM

Quote from: Almeida on June 22, 2017, 02:41:38 AM

But, diversification dilutes the risks, of being poor... and being rich Roll Eyes

That is exactly what it does.. it neutralizes the pros AND cons.
And what are you going to diversify into with crypto ?
Some other bullshit scammy corrupt pointless ICO coin ?

LOL, that was a direct agreement with you... hmm, what am I going to do? Well, can broke people do much?

Maybe I'll throw another 300 grand around... Cheesy

Seriously, howdefuq can I know? If any investment is nothing but an educated roulette bet?

I'd like to buy more SONM tokens (more eggs in the same basket), that project I like, it is not a puff of smoke and it benefits from smart contracts for real, and "blockchain" to eschew fraud from proof-of-computation... but, lets just assume smart contracts will be something reliable for that conclusion to follow, so far eth is a smart contraption.

webcam_models hiring

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Quote from: kryptqnick on June 22, 2017, 03:19:42 AM

Let's just not forget that he's Russian and Russia is a very traditionalist state.

He is born in Kolomna, but from 2000 he was living in Canada, Swiss, Singapore.

spartak_t

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Quote from: kryptqnick on June 22, 2017, 03:19:42 AM

Well, he said he would go to fiat if he wanted to diversify, he didn't say he really wants to do that. And I thought it's a fact he has 10% of his money in bitcoin anyway. As for him saying that he is uncertain in crypto-currency sector, perhaps he meant natural uncertainty in everything new and virtual we have in this world, not that he doesn't believe in eth or btc. Let's just not forget that he's Russian and Russia is a very traditionalist state. He is inclined not to trust innovations because that what he was told while growing, that is how he was educated. For people from Western countries it's just hard to understand it, because traditional values are opposite to Western innovative ones.

And I am Bulgarian and I can also speak Russian. But this doesn't stop me to call his tweets a pure bullshit! Sometimes you have to think twice, before saying something, especially if you are a leader of something huge!

Topic: Vitalik openly admits he doesn't trust his creation - page 6. (Read 7230 times)