Why Ethererum is dead in the water. | Bitcointalksearch.org

benthach

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Quote

If you have ever wished cryptocurrency operated more like central banks, you’re not alone. Well, you probably are, but that has not discouraged the developers of Ethercoin from introducing a currency that would make the central bankers proud. By creating a coin that operates completely on trust and gives developers nearly complete control of the network

https://www.cryptocoinsnews.com/ethercoin-raises-fundamental-questions-trust-altcoin-developers/

Ethercoin is dead.

ethereum and ethercoin are different

fairlay

sr. member

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Quote from: sidhujag on November 23, 2014, 11:39:33 AM

is it a pm on a blockchain?

We wish we were already. Currently we are still a centralized prediction market. However or plan is clearly to decentralize as much as possible and we are still in the process of finding the best solutions. Have a look at a talk of our founder on this topic: https://www.youtube.com/watch?v=hZO1JQtMang

fairlay

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Quote from: sdersdf3 on November 23, 2014, 11:33:52 AM

Quote from: fairlay on November 21, 2014, 10:38:31 AM

For those who are sure the Ethereum teams can not keep the promise to start the main net this winter we opened a prediction market on it:

https://www.fairlay.com/predict/registered/new/ethereum-main-net-goes-live-before-spring-2015/

It is a market place where people can bet against each other. If you prediction they won't start the main net we try to find one how is willing to take the other side. Currently we have about 0.8 Bitcoin in open predictions and the likelihood is at 45%. If you think it is more likely you should predict "yes" - otherwise "no".

Will be interesting who wins in the end.

If there is any interest we can open a prediction on Qora as well...

How do I interpret these figures - as far as what the market thinks the % change of success is. And does your site provide a time chart to see how market sentiment, or its assessment of the odds, has shifted over time?

Click on [Show additional stats to see the percentage] or use the "advanced form". There you will find a bar/slider that also represent the numbers nicely. And yes - we do show how odds/percentages shift over time (as soon as we have some numbers). Have a look here: https://www.fairlay.com/predict/registered/new/bitcoin-difficulty-45b-by-the-end-of-the-year/ (click on additional stats)

DrGrid

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Ethereum is definitely the complete opposite of dead in the water. I am guessing that they will be releasing in April next year and are going to bust a set of features that other cryptos can only dream of having (Etherscripter, Mist etc.). Their team is probably the largest in crypto 2.0 at the moment, with branches popping up all over the world. They have taken great care to touch as many influential regulatory regions as possibles. And most importantly for us in the Altcoin community they welcome us over the single god like blockchain that is Bitcoin.

sidhujag

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is it a pm on a blockchain?

sdersdf3

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Quote from: fairlay on November 21, 2014, 10:38:31 AM

For those who are sure the Ethereum teams can not keep the promise to start the main net this winter we opened a prediction market on it:

https://www.fairlay.com/predict/registered/new/ethereum-main-net-goes-live-before-spring-2015/

It is a market place where people can bet against each other. If you prediction they won't start the main net we try to find one how is willing to take the other side. Currently we have about 0.8 Bitcoin in open predictions and the likelihood is at 45%. If you think it is more likely you should predict "yes" - otherwise "no".

Will be interesting who wins in the end.

If there is any interest we can open a prediction on Qora as well...

How do I interpret these figures - as far as what the market thinks the % change of success is. And does your site provide a time chart to see how market sentiment, or its assessment of the odds, has shifted over time?

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: UnicornFarts on November 23, 2014, 02:23:57 AM

Quote

What makes you think they would waste time doing any work when they got what they wanted and have nothing else to lose? Were they public figures? Were they legally bound to actually even work on their project?

They've released more code and functionality than any other altcoin.

I'm fine with FUD, but maybe watch github and forums to kinda know what you're talking about?

Thats not the point read the post again.

UnicornFarts

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Quote

What makes you think they would waste time doing any work when they got what they wanted and have nothing else to lose? Were they public figures? Were they legally bound to actually even work on their project?

They've released more code and functionality than any other altcoin.

I'm fine with FUD, but maybe watch github and forums to kinda know what you're talking about?

Honeypot

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Didn't they expressly state in fine print that the project may or may not even happen? How could people possibly throw in money to someone who is legally shielding themselves for their potential 'take money and run'?

What makes you think they would waste time doing any work when they got what they wanted and have nothing else to lose? Were they public figures? Were they legally bound to actually even work on their project?

'We stipulate that ethereum may or may not become a viable project' - are you shitting me?

sidhujag

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Bitshares wil be the only meaningful turing complete script implementation

jabo38

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mining is so 2012-2013

http://www.coindesk.com/ethereum-counterparty-fork-colored-coins/

apparently the code is working quite well

fairlay

sr. member

Activity: 443

Merit: 250

Quote from: Coinic The Hash Hog on November 21, 2014, 11:05:06 AM

Quote from: fairlay on November 21, 2014, 10:38:31 AM

For those how are sure the Ethereum teams can not keep the promise to start the main net this winter we opened a prediction market on it:

https://www.fairlay.com/predict/registered/new/ethereum-main-net-goes-live-before-spring-2015/

It is a market place where people can bet against each other. If you prediction they won't start the main net we try to find one how is willing to take the other side. Currently we have about 0.8 Bitcoin in open predictions and the likelihood is at 45%. If you think it is more likely you should predict "yes" - otherwise "no".

Will be interesting who wins in the end.

If there is any interest we can open a prediction on Qora as well...

Cool so you can bet on whether or not Ethererum launches off by spring or not?

Yes - that is the short form

Coinic The Hash Hog

newbie

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Quote from: fairlay on November 21, 2014, 10:38:31 AM

For those how are sure the Ethereum teams can not keep the promise to start the main net this winter we opened a prediction market on it:

https://www.fairlay.com/predict/registered/new/ethereum-main-net-goes-live-before-spring-2015/

It is a market place where people can bet against each other. If you prediction they won't start the main net we try to find one how is willing to take the other side. Currently we have about 0.8 Bitcoin in open predictions and the likelihood is at 45%. If you think it is more likely you should predict "yes" - otherwise "no".

Will be interesting who wins in the end.

If there is any interest we can open a prediction on Qora as well...

Cool so you can bet on whether or not Ethererum launches off by spring or not?

fairlay

sr. member

Activity: 443

Merit: 250

For those who are sure the Ethereum teams can not keep the promise to start the main net this winter we opened a prediction market on it:

https://www.fairlay.com/predict/registered/new/ethereum-main-net-goes-live-before-spring-2015/

It is a market place where people can bet against each other. If you prediction they won't start the main net we try to find one how is willing to take the other side. Currently we have about 0.8 Bitcoin in open predictions and the likelihood is at 45%. If you think it is more likely you should predict "yes" - otherwise "no".

Will be interesting who wins in the end.

If there is any interest we can open a prediction on Qora as well...

eddy937

member

Activity: 61

Merit: 10

Quote from: o0‡0o on October 27, 2014, 01:10:37 PM

Are IBM and Samsung still going to fork Ethererum?

I expect so. but someone here said he worked for ibm and they routinely test out thousands of new technologies each year. However they only use a few of the thousands of technologies they test.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: Amph on October 16, 2014, 11:48:00 AM

but it's better to improve bitcoin itself, instead of making a new coin doing it, just add the damn thing to bitcoin, it is certainly possible

Indeed. Making useless altcoins is never the answer. The more we have, the worse it gets.

o0‡0o

full member

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Have faith.

Are IBM and Samsung still going to fork Ethererum?

BootstrapCoinDev

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Quote from: TinEye on October 27, 2014, 07:46:11 AM

Quote from: Amph on October 16, 2014, 11:48:00 AM

Quote from: rabbiter on October 15, 2014, 11:46:44 PM

Quote from: romerun on October 15, 2014, 11:39:37 PM

They all die. Btc is the internet. Nobody givez a poo bunches of lan

I agree Bitcoin is our base but I think we need 'systems' to trade in a decentralised way and to hold other assets including currencies, precious metals, stocks etc.

Only a fool wouldn't admit some improvements need to be made to Bitcoin, for one it's not even private, who wants everyone to see all their bank transfers?

but it's better to improve bitcoin itself, instead of making a new coin doing it, just add the damn thing to bitcoin, it is certainly possible

Bitcoin is like a huge tanker which will not change easily. There is a real risk of it Bitcoin to become obsolete if it continues to have a snobbish attitude.

What is possible is that regulators will relax or abandon the AML/KYC requirements -- and thus the ability for Bitcoin to be used anonymously gets sufficient competition from some altcoin secretly created by government, which would be able to compete as being less-expensive to operate as well as being a brand with corporate backing sufficient to cause growth from paid promotion.

pr9me

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Cryptsy.com • Got Shitcoins?

Quote from: romerun on October 15, 2014, 11:39:37 PM

They all die. Btc is the internet. Nobody givez a poo bunches of lan

Word.

TinEye

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Quote from: Amph on October 16, 2014, 11:48:00 AM

Quote from: rabbiter on October 15, 2014, 11:46:44 PM

Quote from: romerun on October 15, 2014, 11:39:37 PM

They all die. Btc is the internet. Nobody givez a poo bunches of lan

I agree Bitcoin is our base but I think we need 'systems' to trade in a decentralised way and to hold other assets including currencies, precious metals, stocks etc.

Only a fool wouldn't admit some improvements need to be made to Bitcoin, for one it's not even private, who wants everyone to see all their bank transfers?

but it's better to improve bitcoin itself, instead of making a new coin doing it, just add the damn thing to bitcoin, it is certainly possible

Bitcoin is like a huge tanker which will not change easily. There is a real risk of it Bitcoin to become obsolete if it continues to have a snobbish attitude.

Topic: Why Ethererum is dead in the water. (Read 6210 times)