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Topic: Why Ethererum is dead in the water. (Read 6195 times)

legendary
Activity: 1764
Merit: 1000
November 24, 2014, 02:07:12 AM
#57
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
sr. member
Activity: 443
Merit: 250
November 24, 2014, 01:13:10 AM
#56
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
sr. member
Activity: 443
Merit: 250
November 24, 2014, 01:10:15 AM
#55
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)
member
Activity: 101
Merit: 10
November 23, 2014, 12:50:24 PM
#54
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.
legendary
Activity: 2044
Merit: 1005
November 23, 2014, 12:39:33 PM
#53
is it a pm on a blockchain?
sr. member
Activity: 280
Merit: 250
November 23, 2014, 12:33:52 PM
#52
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?
legendary
Activity: 2044
Merit: 1005
November 23, 2014, 03:45:03 AM
#51
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.
full member
Activity: 154
Merit: 100
November 23, 2014, 03:23:57 AM
#50
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?
sr. member
Activity: 420
Merit: 250
November 23, 2014, 03:14:06 AM
#49
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?
legendary
Activity: 2044
Merit: 1005
November 23, 2014, 02:32:15 AM
#48
Bitshares wil be the only meaningful turing complete script implementation
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
November 21, 2014, 11:06:32 PM
#47
sr. member
Activity: 443
Merit: 250
November 21, 2014, 12:11:26 PM
#46
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 Smiley
newbie
Activity: 30
Merit: 0
November 21, 2014, 12:05:06 PM
#45
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?
sr. member
Activity: 443
Merit: 250
November 21, 2014, 11:38:31 AM
#44
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...
member
Activity: 61
Merit: 10
October 27, 2014, 06:15:04 PM
#43
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.
legendary
Activity: 2674
Merit: 2965
Terminated.
October 27, 2014, 02:29:38 PM
#42
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.
full member
Activity: 227
Merit: 103
Have faith.
October 27, 2014, 02:10:37 PM
#41
Are IBM and Samsung still going to fork Ethererum?
full member
Activity: 154
Merit: 100
October 27, 2014, 08:57:28 AM
#40
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.
sr. member
Activity: 369
Merit: 250
Cryptsy.com • Got Shitcoins?
October 27, 2014, 08:51:49 AM
#39
They all die. Btc is the internet. Nobody givez a poo bunches of lan

Word.
hero member
Activity: 639
Merit: 500
October 27, 2014, 08:46:11 AM
#38
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.
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