ETHEREUM GENERAL

Nojokur
Nojokur

If you aren't pouting all of your money into Etherium (18.87 at time of this post) you are a fucking tool and deserve eternal poverty edition.

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.

The project was crowdfunded during August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.

What is Ethereum
https://www.ethereum.org/

ETH/BTC
https://www.coingecko.com/en/price_charts/ethereum/btc
ETH/USD
https://www.coingecko.com/en/price_charts/ethereum/usd

All urls found in this thread:
https://www.ethereum.org/
https://www.coingecko.com/en/price_charts/ethereum/btc
https://www.coingecko.com/en/price_charts/ethereum/usd
https://whaleclub.co/join/CiCCMS
https://yobit.net/en/trade/ETH/BTC/?bonus=eLJwf
http://discreethash.weebly.com/
https://youtu.be/V-vTOo7f4f8
http://www.newegg.com/Product/Product.aspx?Item=N82E16813157471&cm_re=asrock_mining-_-13-157-471-_-Product)
http://www.newegg.com/Product/Product.aspx?Item=9SIA6J32GU7224&cm_re=pcie_x1-x16_adapter-_-9SIA6J32GU7224-_-Product)
https://yobit.net/?bonus=eLJwf
https://blog.ethcore.io/attack-on-thedao-what-will-be-your-response/
https://blog.slock.it/no-dao-funds-at-risk-following-the-ethereum-smart-contract-recursive-call-bug-discovery-29f482d348b#.g8yw4c34b
https://www.reddit.com/r/ethereum/comments/4oj7ql/personal_statement_regarding_the_fork/d4d1vir
https://whaleclub.co/join/CiCCMS
http://pastebin.com/aMKwQcHR
https://www.coingecko.com/en/price_charts/ethereum/usd
https:[email protected]/ethereum-you-need-to-let-thedao-sink
http://pastebin.com/CcGUBgDG
https://www.cryptocoinsnews.com/miners-to-be-offered-one-million-ether-claims-daos-alleged-attacker-in-ccn-interview/
https://bitcointalk.org/index.php?topic=702755.0
https://bitcointalk.org/index.php?topic=702755.0
https://www.bitfinex.com/exchange/ethusd
https://www.genesis-mining.com/a/273276
https://live.ether.camp/account/BB9bc244D798123fDe783fCc1C72d3Bb8C189413
https://www.reddit.com/r/ethtrader/comments/4ot3vi/warning_another_successful_attack_recursive_split/
http://ethpool.org/stats/votes
http://ethermine.org/stats/votes
Lunatick
Lunatick

I put in $900 when it was at $14. Should I put in more?

MPmaster
MPmaster

Trade ETH with x5 leverage on https://whaleclub.co/join/CiCCMS

Firespawn
Firespawn

@Lunatick
I put in $900 into BTC when it was at $14. Should I put in more?

StonedTime
StonedTime

https://yobit.net/en/trade/ETH/BTC/?bonus=eLJwf

cum2soon
cum2soon

tfw poured all my money into ETH and don't have anymore to put in

If I had lots of money I could have made myself rich off of this and BTC exploding in price. Fuck.

iluvmen
iluvmen

@cum2soon
if I was rich I would've been rich

kizzmybutt
kizzmybutt

@Firespawn
I put in 1,500 at an average of $13

Wish I put in 10,000

Don't want to buy more now that its high

Don't know what to do

Techpill
Techpill

@iluvmen
100k would have been enough to make some nice $$$ from this. Especially if you were bagholding ETH and BTC and bought @ $7pc and $440pc respectfully

having 100k to invest doesn't make you rich bub

Burnblaze
Burnblaze

What happens with ethereum if the gubbamint decides to shut down the internet?

Dreamworx
Dreamworx

@Burnblaze
Switch to alternative meme power source

iluvmen
iluvmen

ITT: ETHcucks going all in after their meme tokens already peaked

They will never experience owning TRUMP and being on board during its rocket ride to the moon

askme
askme

@kizzmybutt

Lucky you! It's still dirt cheap.

BunnyJinx
BunnyJinx

how do i buy ETH gais. Im not from the US so i cant use coinbase

BunnyJinx
BunnyJinx

@kizzmybutt

It's not high. Buy more.

Soft_member
Soft_member

I'm in for 12130$ at 18$ a coin
thanks vitalik

Gigastrength
Gigastrength

bought around $600 when it was about $3. I don't regret anything. I couldn't justify putting more in at the time

askme
askme

@BunnyJinx
dutch reporting in, am using coinbase

just buy btc with euros and then buy eth with btc

Deadlyinx
Deadlyinx

So once I buy some eth do I hold onto it and sell a little bit for profits? How do I then exchange some for USD if I want to spend my earnings?

PackManBrainlure
PackManBrainlure

@askme
fellow dutchy, do you have any experience with cashing out?

Like taxes and shit?

I'm kinda scared of the belastingdienst when the time comes and we cash out our Vitalikbucks.

BinaryMan
BinaryMan

$19.50 and its NOT EVEN SEPTEMBER

$70 by september IM CALLING IT NOW

Lunatick
Lunatick

@PackManBrainlure
No experience with cashing out, if I'll make big gains ill just transfer it back to my bankaccount in small amounts.

TreeEater
TreeEater

@BinaryMan

is this Eth pump&dump? wish I got in early but only litterally discovered Veeky Forums 3 days ago.. fml.
getting in now with .4BTC can I still make decent profit or do I need to be investing fucked up amount of money like 2-10k.
Only coin I'm invested in at the moment is Breakthrough coin and I have about 0.2BTC in it...
cheers boi

Skullbone
Skullbone

@TreeEater
Any amount you like bud.

Ethereum will be bigger than bitcoin in about 1 year

SniperWish
SniperWish

@Skullbone

is this meme coin or what going on man?
I don't know if to believe people or not but obviously it's been going pretty fucking good so far, just have a feeling a group is behind it and they're all going to take their profits and leave everyone bag holding? like when will it be time for everyone to sell their Eth

Fuzzy_Logic
Fuzzy_Logic

Pardon my ignorance how do I buy BTC to convert to ETH without having a mobile phone?

whereismyname
whereismyname

Anyone want to help a guy out? Asking for some ETH before it's too late. Please and thank you. I hate grewing up poor and being poor in my adult years.

0x1948538946f21b6aa988e7477f6d4b33dccc8fd0

Illusionz
Illusionz

@Fuzzy_Logic
What?

You use a pc connected to the internet.

Spazyfool
Spazyfool

@SniperWish
No one is forcing you to invest.

Just remain at your current level of wealth if you so wish.

Supergrass
Supergrass

@Illusionz
everything asks for phone verification. coinbase does anyway

TurtleCat
TurtleCat

@whereismyname
Check your account nigger, you're a millionaire now

StrangeWizard
StrangeWizard

people literally asking if they should invest
the pump & dumpers have a vested interest in you buying, it makes the price go up
How do people not know anything about crypto

Harmless_Venom
Harmless_Venom

@StrangeWizard
COOOOOPE.
Thats what you idiots said back in January as well - you're pumping the presalers. Investing in Ethereum is building the foundation in order to get returns later on. Ethereum increased EIGHTEEN TIMES in the last 6 months. Tell me another investment that did as well.

King_Martha
King_Martha

Can someone please help me with eth? Just made the wallet, i hate to be a nocoiner 0xBa19e0A2c3A1a4c83cAB697E3B665301eC9E3eD4

King_Martha
King_Martha

@StonedTime
yobit

Soft_member
Soft_member

@Supergrass
I dont use coinbase. And neither should you.

5mileys
5mileys

@Soft_member
well what do you use that doesn't need phone verification family

takes2long
takes2long

@5mileys
Poloniex

Supergrass
Supergrass

new ethereum cloudmining site:
http://discreethash.weebly.com/
Thoughts?

farquit
farquit

@Nojokur
hi
so heres my problem Im in Poorland I have some money USD and PLN in paper
I want to change this value into Ethereum and store json copies on SD cards or something like that
how into ?

może jakiś Polak here i mi pomoże

should I go to reddit?

GoogleCat
GoogleCat

@farquit
Yes, r/ethtrader

Spamalot
Spamalot

Guys I can't afford a whole bitcoin right now but what if I just buy $300 worth of bitcoin and put it all into ether?

Would that be a pretty good investment?

BlogWobbles
BlogWobbles

@Spamalot
It would be the investment of a lifetime

StrangeWizard
StrangeWizard

@Nojokur

watch this video you can earn some good dough part-time not legal though but doesnt seem risky at all if you do it quitely without telling anyyone

https://youtu.be/V-vTOo7f4f8

Supergrass
Supergrass

Where do I actually buy eth with usd?

SomethingNew
SomethingNew

@farquit
ukr here / tobi treba zrobiti money order ta kupuvati bitcoin chi potim yogo zmenyati na eth na yakos birgi yak polonix

w8t4u
w8t4u

I have 700ETH that I bought when they where around 4$. Should I buy more?

Emberfire
Emberfire

@kizzmybutt
We just hit a new high; trend will probably continue through ~6/19, followed by a retread at the midpoint of $13 & whatever the eventual bubble is. I'd guess that could be around $17-18, in the near term. Then, in the long term (>1 mo), we're looking at maybe $15 for the valuation; starting in early July, get into BTC, as the halvening will drive prices up probably ~15-20%, at least, in the next month, and maybe more long term.

Right now, my long-term money is with BTC due to the impending reward drop; my day-trades are in eth, tho.

Fuzzy_Logic
Fuzzy_Logic

@Emberfire
Its $21 right now.

Buy ETH before it's too late btc cuck

whereismyname
whereismyname

New to Veeky Forums
Is there a way to buy eth using usd?

Stark_Naked
Stark_Naked

@w8t4u
Always buy ethereum

takes2long
takes2long

@whereismyname
Yes kraken.com

Emberfire
Emberfire

@Supergrass
Lets do the math.

I'm going to work with $100 here, seeing as everyone's poor.

$100=4.9 eth (or .12 BTC)

4.9 eth nets you 19.6 MH/s for 1 month. That hash rate will give you ~$103 at current eth prices in 1 month.

.12 BTC nets you 25 MH/s for 1 month. That hash rate will give you ~$130 at current eth prices in 1 month.

So long as it's not a scam, there is the potential to grow your investment. However, it's potentially less profitable than starting your own rig, in the long run. Pricing could change, and if you have $1000 to burn, you can get your own rig to hash 60 MH/s as long as your parts last.

If anyone wants to learn how to build a rig, I can give you details.

TechHater
TechHater

@Emberfire
Yes pls

GoogleCat
GoogleCat

@takes2long
Thanks, my friend

Dreamworx
Dreamworx

@Nojokur
Idk why people are making a big stink about the USD price of ETH. ETH is in a bear market vs BTC, as is every other alt atm. You fucks are delusional.

5mileys
5mileys

@Fuzzy_Logic
I don't need to; I mine eth, so I'm riding the wave of your speculation into the sunset.

Inmate
Inmate

@cum2soon
I'm in the same boat, I put half of my piddly savings into this, that was when it was $7 but I couldn't buy a huge volume. My only regret is not being able to invest more.
Disclaimer: I would never advise such a thing, I'm in a bad situation right now and this was some kind of desperate move to make money, it just happened to pay off. Don't gamble with money you don't have unless you're insane like me.

hairygrape
hairygrape

@Dreamworx
Because I still use dollars to buy food, pay bills, pay for school etc.
Is it more clear now why?

5mileys
5mileys

@hairygrape
No jack ass. Look at the chart again vs BTC. ETH is bearish, meaning BTC is the better investment atm.

Deadlyinx
Deadlyinx

@TechHater
Well, in all honesty it's pretty simple.

1) Get EthOS ($39 shipped on an SSD; find it on GPUshack, or just google it)

2) Get a motherboard with as many PCIex1 or PCIex16 inputs as you can (I'm partial to this one for its cost effectiveness - http://www.newegg.com/Product/Product.aspx?Item=N82E16813157471&cm_re=asrock_mining-_-13-157-471-_-Product)

3) Get a cheap CPU for your mobo (mine was $50 - the heatsink and fan for it cost almost as much as the CPU itself lol)

4) Get AMD R9 GPUs with at least 4GB internal memory - the most cost effective I've found are the R9 290s (~$200 each)

5) Get a PCIex1-x16 adapter for each GPU that won't be attached to the single x16 main GPU slot on your mobo (something like this - http://www.newegg.com/Product/Product.aspx?Item=9SIA6J32GU7224&cm_re=pcie_x1-x16_adapter-_-9SIA6J32GU7224-_-Product)

6) Get at least 2GB RAM for each GPU

7) Get a power supply that can handle the power you're putting into the cards and mobo; each card typically sucks ~140 watts, the rest of your components combined will probably eat up another 150-200 watts, so do the math. If you're getting a 2-card rig, you'll need at least a 450 watt power supply. If you want to fill all 6 slots, you need 1200+ watts of power.

8) If you order it all today, it should show up in about a week. In total, it'll probably cost you ~$1000 to get a 3-GPU starter rig that can net you 80 MH/s forever, and could feasibly expand to 160 MH/s for another ~$630-650. The starter rig would net you 1 eth every ~36 hours, or ~20 eth/month. You'll have made all your money back on a 3-GPU rig once you hit ~50 eth (at current prices), which is 2.5 months. If you spring for a 6-GPU rig, your ROI period is slightly shorter, since you'll be making ~40 eth/month, but the total cost will be closer to $1650, which is ~80 eth (currently), meaning you'll net your break even at almost exactly 2 months.

If you found this useful, donate! ;-)
0x8f50836f0444e76887078448390F8fAcCf07B1fb

Skullbone
Skullbone

@Dreamworx
in a bear market vs BTC
I wouldn't say that. Both are pretty intrinsically linked; pretty much anything that runs on the ether platform will accept BTC as payment, so anything that's a positive shock for Eth is also going to boost BTC.

They're both going to skyrocket in value long-term; the real question is what happens once 1 BTC is worth $10,000+; transaction prices at that price level would be significant.

Flameblow
Flameblow

@Deadlyinx
what about electricity prices? did you calculate that?

SniperWish
SniperWish

Asking for donations, I don't have shit, I was only able to invest 90 bucks, and it'll be a long time before I make a positive ROI at current prices.

WebTool
WebTool

@SniperWish
Excuse me, forgot my address, 0x0A937b5E2BB7d398eF49817a46c25e8f6b096057.

eGremlin
eGremlin

Paycheck-to-paycheck fag here (In uni, of course parents are paying for most of it)
Shamelessly begging.
0x67794Ad272E556afb86cC28DC5b115567e61B73C

whereismyname
whereismyname

@Skullbone
There are 8 decimal places behind BTC. No reason for outstanding fees at that level.

Nojokur
Nojokur

@Dreamworx
Wrong.

The trend is up

Supergrass
Supergrass

I remember Bitcoin used to do a number on people's GPUs back in the day, or maybe it still does
Mining Ether seems simple, but should I use my home PC to do it?

Garbage Can Lid
Garbage Can Lid

@Nojokur
Zoom out

Crazy_Nice
Crazy_Nice

tfw noticed ethereum when it was 2 euros, bought in at 4,70 euros thinking it was already too late
with current price I have 4x return on my 2000 euros investment

Evil_kitten
Evil_kitten

@Flameblow
No, I didn't take electricity into account. If you calculate electricity prices, you're obviously significantly extending your break-even; it's all highly variable though, since your prices are very different from someone else's.

I will say that my electricity costs didn't change much, but that's likely more to do with the fact that my electricity bills tend to go down in the summer (more light, less lights on in the evening); I can't vouch for how much it costs to power 1300 watts.

haveahappyday
haveahappyday

@Techpill
Fun fact: This mentality is how margin traders get rekt

5mileys
5mileys

@Crazy_Nice
don't sell out.

If you don't need the money, wait until the first apps start coming out. There's a couple recent daos that are built on gambling, and "theDAO" is going to play heavily into how the future of these markets look.

It's going to be an interesting ride, yo.

hairygrape
hairygrape

@5mileys
implying ill sell before brexit
brexit will be the ride

Playboyize
Playboyize

@Evil_kitten
In thinking about this more, I'm going to guess that having a rig will probably keep my electricity costs relatively even year-round. I keep it in my basement and live in a northern climate in the midwest, so in the summer the costs of my rig is offset by the fact that we don't use lights as much, and in the winter it's offset because I won't need to use as much power to keep my house heated.

At least, that's how I'm imagining this. The rig is more of a hobby than anything, though.

Emberburn
Emberburn

@Garbage Can Lid
Er, ok

Supergrass
Supergrass

@Deadlyinx
How do you assemble it then?

Lunatick
Lunatick

@Deadlyinx
What CPU should I get

Playboyize
Playboyize

@iluvmen
This. Unless you have some serious $$$, buying in this close to the peak isn't going to make you jack shit.

Techpill
Techpill

@Playboyize
peak

@Emberburn

LuckyDusty
LuckyDusty

@iluvmen
calls eth meme
owns donald trump tokens

BunnyJinx
BunnyJinx

@Playboyize
peak
thats what these faggots said at the beginning of the year too.
ITS FUCKING TWENTY DOLLARS NOW
IT INCREASED BY TWENTY (20) TIMES IN SIX (6) MONTHS. Once the killer apps come out for ethereum and Augur becomes the internet oracle, ethereum will go in the 3 digits.

Dumb no coiners

w8t4u
w8t4u

@BunnyJinx
this
ENJOY MISSING THE TRAIN AGAIN

StonedTime
StonedTime

@Evil_kitten
Do you live in the LA area? I will pay you cash money to build me a rig and set it up. My DWP account is in my gf's name and they have her on the poor people plan so my power is cheap. If I knew I could build a $1000 ETH machine that would pay for itself in 3 months I would have done it a long time ago.

TurtleCat
TurtleCat

@BunnyJinx
no coiner
You're an idiot. It was a trumpcoiner who said that, jackass. Reading comprehension.

GoogleCat
GoogleCat

@StonedTime
Ha no I'm in the Midwest (I'm @Evil_kitten
though, I just post behind proxies most of the time). I can walk you through things though. Do you have a wallet set up? If so, send me a small transaction and include a comment with your email if you want more help:

0x8f50836f0444e76887078448390F8fAcCf07B1fb

Supergrass
Supergrass

Nocoiner here trying to get on the train

what the fuck site do you use and how do you get your funds in? All the sites tell me to fuck off for being in the US, Coinbase wants me to wait 2-3 days for a statement verification, and the only reasonable price on Paypal only allows purchases between 1-50 USD. I'm just trying to put in $270.

Stark_Naked
Stark_Naked

@Supergrass
Can you do 3 payments of $50 and 1 of $20?

Booteefool
Booteefool

@Supergrass
https://yobit.net/?bonus=eLJwf

You can transfer USD via OkPay, PerfectMoney and Payeer

Boy_vs_Girl
Boy_vs_Girl

@Stark_Naked
I could but I really don't know that much about this site, it's Paxful so I ain't sure how much I should trust it.

@Nude_Bikergirl
I just said that Coinbase wants me to wait 2-3 days lad

@Booteefool
I tried those 3, all of them told me to fuck off because US.

Spamalot
Spamalot

@Boy_vs_Girl
Try Localbitcoins

Soft_member
Soft_member

@Boy_vs_Girl
@Stark_Naked
also adding onto it, I have to wait for the buyer to even respond to me with instructions and so far I got nothing.

@Spamalot
Alright.

Gigastrength
Gigastrength

@Spamalot
sheit man these guys are charging $50 more than current value, fuck me.

BlogWobbles
BlogWobbles

god fucking damnit my bank is absolutely screwing me over. If I want to get in on this the only option right now is some guy selling for 867 USD/BTC. Should I do it or just wait and get it sorted out so I don't get assfucked.

RumChicken
RumChicken

@BlogWobbles
At that price you might want to wait, it's $100 more than the average price. Have you looked a Circle? Never tried them myself but heard good things about them.

ZeroReborn
ZeroReborn

@RumChicken
I'll try this before I call it quits for the night.

Stupidasole
Stupidasole

>>1313707
Grats! You can transfer your BTC to any exchange to do some trading, or download a 'lite' BTC wallet onto your pc.

Nojokur
Nojokur

So you need to buy Bitcoins to trade them into Ethereum anyway so why wouldn't I just let them sit as bitcoins?

Spazyfool
Spazyfool

@Stupidasole
Oh yeah I just realized I can transfer BTC right into my ether wallet. Testing the waters now with the bare minimum deposit amount, if it goes on through I'll be ecstatic.

Need_TLC
Need_TLC

@Nojokur

why wouldn't I just let them sit as bitcoins?
The answer depends on whether you think ETH or BTC will produce a higher ROI.

And for what it's worth there are exchanges that do Fiat/ETH conversion. QuadrigaCX in Canada, for example.

Crazy_Nice
Crazy_Nice

I was going to buy ETH but Veeky Forums said I'm a fag if I don't buy the dip ;A;

Nojokur
Nojokur

@SniperWish
ETH being bigger than BTC at any time is a meme.
ETH dumped to 14 dollars as we speak.

TreeEater
TreeEater

@iluvmen

The ETHcucks didn't listen. Should've bought Trumpcoins.

TechHater
TechHater

Fuuuuuuuuck Me bought at 20
I knew the DAO was a bad idea. Everybody has to have a leader.

JunkTop
JunkTop

@Gigastrength
It's good if you want total anonymity

hairygrape
hairygrape

@TechHater
If I were you I'd hold on for the recovery.

I might buy the panic induced dip if it goes low enough.

RavySnake
RavySnake

@hairygrape
Same, man. This has fucking potential to put us in the same place as people that purchased cheap as fuck bitcoin after the 1.2K bubble burst. It may take some time to see profit, but if you and I are correct we can see some definite results

DeathDog
DeathDog

@RavySnake
Yep. All you have to do now is wait 3-5 years for the dubious chance of making .. 300% or so. Hope you have a lot of patience. And extra disposable money laying around, too.

Flameblow
Flameblow

@DeathDog
All you have to do now is wait 3-5 years
That was part of my plan anyway.

TreeEater
TreeEater

ATTENTION

DO NOT FORK

Whatever you do, do not fork.

Burnblaze
Burnblaze

@Spamalot
I'd personally put $300 into a gpu, mobo, and celeron and then mine ETH.

AwesomeTucker
AwesomeTucker

@TreeEater
Fork is the only way

https://blog.ethcore.io/attack-on-thedao-what-will-be-your-response/

Nude_Bikergirl
Nude_Bikergirl

@AwesomeTucker
My miners will NOT FORK. Fuck you cucks and your DAO. You deserve the shit.

Nojokur
Nojokur

@Nude_Bikergirl

Na. Someone hacking and taking millions of dollars isn't right. Excpetially for a community trying to better the world. He should have reported it. That's what the dev community is about.

Lunatick
Lunatick

@Nojokur
Time to write a ForkDAO that will get everyone to fork when it hits 51% of eth invested in it. It'll fork ETH and delete the other 49% and redistribute.

iluvmen
iluvmen

@Nude_Bikergirl
Fuck you and your miner, implying you little shit has any sway on the topic whatsoever

Playboyize
Playboyize

@iluvmen
I know someone who invested $1m into DAO tokens. He's the guy who tanked lisk. I haven't been on teamspeak to see how he's doing. Oh boy.

BlogWobbles
BlogWobbles

@Nude_Bikergirl

Na. Someone hacking and taking millions of dollars isn't right. Excpetially for a community trying to better the world. He should have reported it. That's what the dev community is about.

eGremlin
eGremlin

@BlogWobbles
I think the creators of DAO ought to reimburse the people they pawned poor code off on. Why does the greater community have to accept this?

AwesomeTucker
AwesomeTucker

what is to "fork"?

StrangeWizard
StrangeWizard

@BlogWobbles
by the way, they knew that there was a vulnerability and they did what they could to convince people to not worry when there was indeed a reason to worry and remove your funds. they could have preceeded this.

https://blog.slock.it/no-dao-funds-at-risk-following-the-ethereum-smart-contract-recursive-call-bug-discovery-29f482d348b#.g8yw4c34b

Spazyfool
Spazyfool

@AwesomeTucker
They want everyone to switch to a different version of the software that will undo everything the DAO did. They will most likely force it upon us with a software update if they do it. If the ethereum foundation wants it done, then all future releases will include that fork.

Garbage Can Lid
Garbage Can Lid

@eGremlin
Because the amount of money they collected is worth many times more than they CAN pay.

The best option now is offer the guy 10% of what's on the dao in return for 90%.

Failing that they could do a hard fork and the guy gets 0%.

Harmless_Venom
Harmless_Venom

@Garbage Can Lid
Well people need incentives to not push shit code out

Emberfire
Emberfire

So what is the DAO and why are people talking about subverting the entire reason for cryptocurrency to exist to revert a hack on it?

Fried_Sushi
Fried_Sushi

oh great I can't get any DAO out of my Jaxx wallet. What a good day

Harmless_Venom
Harmless_Venom

Its over eth is crashing, sell out now while you still can, the market is not going to recover from that eth theft

Spamalot
Spamalot

So this ETH hard fork is bad, but the DAO niggers that just got ripped off are gonna force it cause that's how to get their dao tokens back? If I own zero dao tokens and lots of ETH, I should be opposed to hard fork?

farquit
farquit

game over for ether, dump your shit before it becomes next to worthless

takes2long
takes2long

@Spamalot
A hard fork is only one proposed solution, it may not even be necessary.

https://www.reddit.com/r/ethereum/comments/4oj7ql/personal_statement_regarding_the_fork/d4d1vir
Some in the dev community actually think that it may be possible to recover most or all the funds in the dao without the subsequent state-changing hardfork

iluvmen
iluvmen

ETH is now DOGE-tier.. No ones gonna invest in this easily exploited slav software.

This isnt even a Mt.Gox

This is just someone exploiting ETH contracts for keks

Poker_Star
Poker_Star

fork to return eth to the hands of shitty coders

I thought this cryptoshit was supposed to be decentralized? Will the eth foundation give me MY money back if I'm unsatisfied with a transaction in the future?

Skullbone
Skullbone

If you aren't selling all your Etherium (15 and dropping at time of this post) you are a fucking tool and deserve eternal poverty edition.

Fixed it for OP

Golden thread, ETH shills tears are delicious

eGremlin
eGremlin

Just flipped it all into BTC

Stupidasole
Stupidasole

@hairygrape
@Skullbone
@Nojokur
@Emberburn
@Techpill
kek

Illusionz
Illusionz

put in $40 yesterday for shits and giggles
immediate crash
Why can't I ever have fun

Booteefool
Booteefool

@Illusionz
$40 is less than chump change

happy_sad
happy_sad

@Booteefool
I know, it was 1/4th of what I made during that day
Still absolutely pathetic timing

likme
likme

Lost 100% of my profits from the past 2 weeks

Thanks you fucking russian kike

Gigastrength
Gigastrength

https://whaleclub.co/join/CiCCMS

Short ETH if you know what's good for you

CouchChiller
CouchChiller

LMAO should have been in BTC.

put your life savings into ETH guys! Look at the gains in the last two weeks!

100% of gains lost and drops to a 4 week low

JunkTop
JunkTop

@CouchChiller
Except this wasn't a predictable market trend

Booteefool
Booteefool

LOL ITS OKAY GUYS! HES MAKING JOKES! EVERYTHING IS GOING TO BE OKAY

Harmless_Venom
Harmless_Venom

SUB $14
SUB $14
SUB $14
SUB $14
SUB $14
SUB $14
SUB $14
SUB $14
SUB $14
SUB $14

askme
askme

Not buying the dip and hodling the shit out of eth
good luck with being poor

likme
likme

DAO confirmed for shutting down:

The DAO will be winded down completely and transformed into a simple contract where you can only withdraw. It’s shutting down but as no ether was stolen and no ether was spent, nothing was lost.

hairygrape
hairygrape

@likme
nothing was lost.
credibility

PackManBrainlure
PackManBrainlure

DAO and that scammy russian just ruined any confidence in alts.

GG

SniperGod
SniperGod

So at what $ do we buy back in?

BlogWobbles
BlogWobbles

DAO, what a worthless piece of shit. I would have been ok with it, if it just failed. But instead they get hacked in under a month and the funds stolen kill the price of Eth in minutes. Fuck the DAO. Worthless shit

Bidwell
Bidwell

not holding your ETH in Coinbase

Oh welp, time to buy more I guess.

Crazy_Nice
Crazy_Nice

real quick, I deposit some BTC in yobit and it's been stuck in awaiting deposit for a while now, do I have to do anything else in Coinbase or just be patient?

PackManBrainlure
PackManBrainlure

@Crazy_Nice
be patient..

Harmless_Venom
Harmless_Venom

@MPmaster
Quit shilling your referral you poor fucker

MPmaster
MPmaster

@BunnyJinx
Can you buy ETH with Coinbase? Or did you mean you can't buy btc to buy eth

haveahappyday
haveahappyday

Whatever happened to Penny Nigger General?

MPmaster
MPmaster

anyone knows how to buy ETH in Germany?

Poker_Star
Poker_Star

@MPmaster

Kraken.

Ignoramus
Ignoramus

Wow eth is going back up this is just nuts

Flameblow
Flameblow

Here is the chatlog from last night with all the DEVs. Very interesting read.

http://pastebin.com/aMKwQcHR

DeathDog
DeathDog

@Ignoramus
No its not.

Need_TLC
Need_TLC

@DeathDog
It's going back slowly, nearly .023 btc

Booteefool
Booteefool

@Need_TLC
Nope.

viagrandad
viagrandad

This hard fork is bullshit. I'm selling all my ETH.

cum2soon
cum2soon

@Ignoramus
There was no reason for ETH to drop to begin with, people were panic selling over the DAO situation which makes no sense. Even after this "free fall" I'm still in the positives.

@viagrandad
Is that even the solution they chose, it's only one of a few possibilities and they still have a month to choose.

hairygrape
hairygrape

@Flameblow
who's dino, and what role does he play in all this? he seems to be the only one pushing hard for panic reactions

Emberburn
Emberburn

@hairygrape
I dont know. Im trying to figure that out. I would of told him to go fuck himself if he told me shut down my exchange.

Emberfire
Emberfire

dump
buy on the dip right after they announce the fork

Inmate
Inmate

@Booteefool
this fucking guy. I wouldn't be surprise if he shorted ETH and caused the whole thing.

Soft_member
Soft_member

@Ignoramus
going back up
I kekked

Fried_Sushi
Fried_Sushi

Is it too late to short ETH yet?

farquit
farquit

@Fried_Sushi
Yeah the spike has come and gone. Volatility will descrease over the next few days and people will get excited the next time it crosses $20USD

Emberburn
Emberburn

@Nude_Bikergirl
Why is this shit so convoluted? Fucking hell why can't I just buy some ether

TalkBomber
TalkBomber

@StrangeWizard
TOP KEK

Raving_Cute
Raving_Cute

what's a good BTC/ETH exchange to buy this shit? I use GDAX and yobit and everyone is too scared to buy/sell anything across the huge spread

Playboyize
Playboyize

@Raving_Cute
Poloniex

StrangeWizard
StrangeWizard

Fuck The exchanges for awhile - those assholes and their endless security bullshit couldn't even stay up under a moderate shitstorm like the DAO dicking. The only motherfufker that hung in there when shit got sideways was shapeshifter. My acts are bought through them.

eGremlin
eGremlin

Ethereum price needs support
https://www.coingecko.com/en/price_charts/ethereum/usd

AwesomeTucker
AwesomeTucker

Fuck the DAO. Worthless shit

Stupidasole
Stupidasole

That OP
That irony
Nothing better than waking up and gloating at eth cucks

Supergrass
Supergrass

@Booteefool
Literally euphoric

MPmaster
MPmaster

smart contract
Most homosexualy named service ever. Enjoy that thin and long slavic penis up your rectum.

King_Martha
King_Martha

@Nojokur
I sold all my DAO's and still have my Ethers but the BTC from my DAO are going to Waves this monday.

w8t4u
w8t4u

Thanks, Ethercucks. This will push the value of my Bitcoins through the roof :^)

likme
likme

anybody stupid enough to put their money in this deserves whatever happens to them

Garbage Can Lid
Garbage Can Lid

After the attack, there quickly emerged suggestions of forking the Ethereum blockchain to recover/refund the lost Ether. The fact that these terrible proposals are getting even the slightest bit of traction, must surely be explained by the crew that has gathered around Ethereum.

One of Bitcoin’s strengths is that it cannot be altered. Even after 700.000 Bitcoins went missing in the Mt.Gox scandal, such an obvious theft if there ever was one, there was never any talk of forking to recover the stolen funds. Why? Because one of the most important features of a cryptocurrency is that it is automated, beyond the control of a select few. To make sure it retains its value, it should be impossible to tamper with. Altering the past to make sure that someone who “didn’t deserve” to get value, doesn’t get value, is a very dangerous slippery slope, and could destroy the confidence in the entire platform.

Ethereum has an important choice to make. Will it cater to the newbie whiners who have lost vast amounts of money placing a risky bet on an unproven, alpha-stage decentralized application, and in the process destroy its own credibility? Or will it holds its head high and be true to the cryptocurrency "codex", which is that there is no such thing as risk-free investment? The risk of bugs and other problems should be baked into the market price of any given project, and the fact that it wasn't is witness of irrationality, a.k.a a bubble. Why should TheDAO, the fastest growing and richest cryptocurrency project the world has ever seen, be given such a huge break and be bailed out?

This is the big test. If Ethereum shows weakness and bails out TheDAO, it might lead to a long-term depression and stagnate the growth of the platform. I cannot fathom how it could benefit anyone in the community, except the suckers who lost their life savings in TheDAO hack.
https:[email protected]/ethereum-you-need-to-let-thedao-sink

lostmypassword
lostmypassword

If you aren't pouting all of your money into Etherium (18.87 at time of this post) you are a fucking tool and deserve eternal poverty edition.

JUST LOL OP

Gigastrength
Gigastrength

@Nojokur
"investing" in cryptoshit

Methshot
Methshot

@Nojokur
If you aren't pouting all of your money into Etherium (18.87 at time of this post) you are a fucking tool and deserve eternal poverty edition.

No need to put OP on suicide watch, he's already dead.

Burnblaze
Burnblaze

$11.07
$11.07
$11.07
$11.07
$11.07
$11.07
$11.07
$11.07
$11.07
$11.07
$11.07
$11.07

Emberburn
Emberburn

just read this in the Trollbox. Shit is so funny

Need_TLC
Need_TLC

Poloniex Troll Box provided this link from the party responsible for exploiting the DAO code.

http://pastebin.com/CcGUBgDG

----

Is it legit?

Spamalot
Spamalot

@BunnyJinx
How does it feel? HOW DOES IT FEEL!?!

BlogWobbles
BlogWobbles

@Need_TLC
Nobody in their right mind would try to claim responsibility like that when there's a manhunt going on.

Stark_Naked
Stark_Naked

@BlogWobbles
What those obese IT cucks are going to do anyway? Throw cheetos and strapons at him?

Garbage Can Lid
Garbage Can Lid

@Stark_Naked
Do you even realize how long that dust can stay on your skin? This isn't a game, user.

SomethingNew
SomethingNew

@Need_TLC
No, the signature doesn't match

cum2soon
cum2soon

@Garbage Can Lid
Not a game but, rather, entertainment. Love keking at all the ethercucks out there

Illusionz
Illusionz

Ether is fucking retarded. I hope anyone investing in it is doing it because they think other retards will purchase it for more, and not because they believe in the technology.

takes2long
takes2long

This keeps getting better and better.

https://www.cryptocoinsnews.com/miners-to-be-offered-one-million-ether-claims-daos-alleged-attacker-in-ccn-interview/

hairygrape
hairygrape

WHAT IS THE BOTTOM???

Deadlyinx
Deadlyinx

@hairygrape
0

Snarelure
Snarelure

mfw I missed the ETHbus last year
watched the rise from .4 to 20
full of regret
then this happens
I'm buying in when it hits bottom and the shitstorm blows over.

BinaryMan
BinaryMan

@Snarelure
never bought eth
never had a single regret
completely unconcerned about missing out
never going to buy
mfw

Crazy_Nice
Crazy_Nice

@Snarelure
Will it ever go up against once it goes super low?

girlDog
girlDog

@Crazy_Nice
Of course.

It's good technology.

Look at what happened to BitCoin after MtGox.

w8t4u
w8t4u

@girlDog
Wasn't the problem with Mt Gox that the exchange itself was poorly coded and exploited, not Bitcoin itself? This doesn't seem like a valid comparison.

Bidwell
Bidwell

@Crazy_Nice
Shills will tell you Yes! Without a doubt! It's guaranteed! I will tell you I don't know. Could go either way.

Who you choose to listen to is up to you. But don't listen to shills, just sayin.

Methnerd
Methnerd

@w8t4u
How isn't that a valid comparison? The DAO is not ETH but an application of ETH.

Burnblaze
Burnblaze

@w8t4u
It's a perfect comparison. The problem with DAO was that their contract was poorly designed and unaudited. Ethereum and the blockchain have been working as intended this whole time.

SniperWish
SniperWish

So should i sell all my eth now? Or is it going to go back up?

LuckyDusty
LuckyDusty

@SniperWish
If you're still in profit then sell that shit,it's pretty much over and that autistic Slav fuck is just making things worse

RumChicken
RumChicken

@SniperWish
Shills will tell you Yes! Without a doubt! It's guaranteed! I will tell you I don't know. Could go either way.

Who you choose to listen to is up to you. But don't listen to shills, just sayin.

StonedTime
StonedTime

@SniperWish
So should i sell all my eth now?
Absolutely.

cum2soon
cum2soon

@Methnerd
The difference is, Satoshi Nakamoto didn't try to steal the Bitcoin from MtGox from the thieft, meanwhile Vitalik is acting like a central banker trying to disturb the flow of the money.
ETH is FUCKED. GO all in on BTC NOW.

w8t4u
w8t4u

@Methnerd
@Burnblaze
Why did ETH crash then, if the DAO, which has its own coin, is the problem? Eth crashed so hard that it went lower per BTC than it's been since February.

Inmate
Inmate

@cum2soon
Vitalik is acting like a central banker trying to disturb the flow of the money.
That's simply not the case, no matter what, he has no control over this, at the end of the day the miners have to make the decision which is a community decision not a central decision, to put that in other words more than 50% of the entire ethereum network has to be in favor of this decision for it to go through, that's not central it's distributed.

@w8t4u
Because people don't understand the technical details so there are many headlines and people saying "ethereum hacked!" which gets parroted and misconstrued further.

You can also fault the people that are doing what the post above you is doing, either intentionally or not they're spreading wrong information.

People are going to question anything good but the second they hear something bad they panic and assume it's the truth, that makes people pull out regardless of if it was a good idea or not, then that has its own momentum.

idontknow
idontknow

@w8t4u
DAO doesn't have its own coin, it uses ETH. A significant amount of ETH was "stolen" from the DAO and the market responded by panic selling before the attacker had chance to dump his coins.

likme
likme

testing new lows within the next 6 hours.might be extended a bit if i underestimated the amount of idiots misinterpreting the market.

Poker_Star
Poker_Star

@cum2soon
That's what I'm saying. I lost a LOT of money in minutes on ETH the other day, but I'm never touching it again. Gonna hard fork the fucking blockchain... "Decentralized..." Fuckin yeah right...

TreeEater
TreeEater

@Inmate
They have to pick by letting the fucking elected miners vote! It's a retarded idea.

PackManBrainlure
PackManBrainlure

@Crazy_Nice

It's fucking risky, best play is to short it right now. It will definitely go lower. It will go higher later, as it bounces back, but TONS of the hype behind Eth was from the DAO. So without that, there isn't much happening with it. It has potential, but this really fucked it over.

Don't go all in. Manage your risk.

Sharpcharm
Sharpcharm

@Poker_Star

Short this pig, literally free money. It's going down, the hacker/hackers are getting ballsy, and vitalik is an awful manager who doesn't know what he's doing.

Emberburn
Emberburn

tfw no space for the blockchain data

Firespawn
Firespawn

@idontknow
DAO does have its own tokens, those tokens are just backed by ETH, they have their own market value and also a guaranteed value in ETH, you can exchange DOA tokens for a percentage of the DAO's ETH balance via the DAO contract. At the time of creation you could exchange 100 DAO for 1 ETH, if the DAO profited you would get the same percentage back but more ETH as a result.

DAO is not ETH, it is only backed by it.

@TreeEater
elected miners
Anyone can mine on the network, there are no special miners.

TalkBomber
TalkBomber

@SniperWish
If you're in the positive. If not, just let it sit and see how the market reacts over the next few days. If it goes below $9 it's short time to try to recover literally any of your loss.

LuckyDusty
LuckyDusty

@Sharpcharm
Can't short shit. Outta fuckin cash because of this shit. Hahahaha. Live and learn.

@Firespawn
I thought ETH was PoS?

StonedTime
StonedTime

@Firespawn
But even if it's not proof of stake, I don't like that idea, that the creators of the currency had a bunch of it and someone stole it, so they're going to repeal that TX. That's the opposite of decentralization.

ZeroReborn
ZeroReborn

@SniperWish

Brother this is the dead-cat bounce

@LuckyDusty

Did you at least diversify?

CodeBuns
CodeBuns

@ZeroReborn
Man, I had been diversified between BTC and ETH... BTC was dipping a bit, figured fuck it, ETH is on a bull run, let's go all in (ON MARGIN!!!!). Was heading for $25. As soon as we got to $21 just fucking disaster, and it's not a coincidence, I imagine it was drained BECAUSE it was worth over $20 at that point. Sucks to suck, right? Learning experience.

StrangeWizard
StrangeWizard

@Inmate
It doesn't matter. The fact that the creator considered a rollback proves the project is in wrong hands. It's over.

Fuzzy_Logic
Fuzzy_Logic

@LuckyDusty
I thought ETH was PoS?
It's PoW, PoS is intended to happen later.

@StonedTime
That's the opposite of decentralization.
Explain your reasoning.

10% of the entire network had currency in it, not just Vitalik. As a result 10% of the network want a solution to this problem.

A solution has been proposed and more than 50% of the network must agree with it or it will not happen.

In what way is this centralized? No single person nor entity controls this decision, it will literally take the majority of the network to agree that this is a good solution in order for that solution to be chosen.

Ignoramus
Ignoramus

@Sharpcharm
Short this pig, literally free money.

Cool crystal ball

Stupidasole
Stupidasole

@ZeroReborn
I also had some in Sia (still do), and also a bit in Factom, but I pulled out to dump into ETH because I was confident that at least for a few hours it would be good to ride the train. I was dumb but there's no way I could have anticipated such a sudden event like that, and that's probably the lesson I learned. Always. Have. Stop. Orders.

Spazyfool
Spazyfool

@CodeBuns

Damn, even if this hacking shit didn't happen we still would have seen some price drops. You learned a good lesson but fuck that hurts

Did you ever take profits from cryptos into fiat? Biggest mistake I see almost everyone make here is not putting profit into a fiat savings account that you will never, ever touch no matter what shitcoin is booming

Supergrass
Supergrass

@Spazyfool
I'm brand new. I've been fucking with bitcoin for years obviously, because drugs, but I just started getting into finance a few months ago. Figured cryptos would be a good training ground because so volatile and also no regulation. Easy margin (which I'm learning to be careful with). But yeah I only planned to go all in on it until $25. We... didn't make it that far.

Dreamworx
Dreamworx

@StrangeWizard
Worked fine for BTC.
https://bitcointalk.org/index.php?topic=702755.0

Need_TLC
Need_TLC

@Ignoramus

massive attack, vitalik trying to save face by fucking up trust with his community, BTC strong

it's going up!

If you would have shorted at .0154 when I posted this you could have gotten out at .0151 now, or wait a few hours and get out at sub .013

Raving_Cute
Raving_Cute

@Fuzzy_Logic
Because 10% is not the majority of the network... So if the majority of the network agrees to repeal transactions from a fucking blockchain then I'm naturally suspicious when only 10% of the network had a stake in it. Mostly it is the undoing transactions part that throws alarms, especially when the people who were robbed were the people who designed the system. That feels very centralized to me.

Harmless_Venom
Harmless_Venom

@Need_TLC
are you talking ETH/BTC? I only lost money on that when BTC fluctuated, I only made money on ETH/USD before well, losing basically all of it lol. Currently long on BTC trying to make back any of the loss I incurred

Lord_Tryzalot
Lord_Tryzalot

@Dreamworx
https://bitcointalk.org/index.php?topic=702755.0
Again, Satoshi or the Core devs never told the exchanges to stop all trading to avoid panic selling and the "hacker" selling as well

Vitalik is a fucking moron, to rollback over coins being stolen, btc did hard forks due real problems, not coins being fucking stolen, this guy is a complete idiot.

King_Martha
King_Martha

@Harmless_Venom

Yeah

BTC should do well through this, good choice. Just keep watching the yuan

Evil_kitten
Evil_kitten

Seems like it may have bottomed at 11.5

farquit
farquit

lol

viagrandad
viagrandad

@Lord_Tryzalot
I got in at 740 so I'm hoping it doesn't good back below that.
@Lord_Tryzalot
I use Bitfinex and they never even paused trading lol. After that announcement the real panic sale happened

haveahappyday
haveahappyday

@Evil_kitten
Are the markets even functioning yet or are they still halting the trading of ETH?

5mileys
5mileys

@haveahappyday
My exchange never stopped. Buyers want to pull sub-$11 so idk if its really bottoming out
https://www.bitfinex.com/exchange/ethusd

Bidwell
Bidwell

@Raving_Cute
Because 10% is not the majority of the network... So if the majority of the network agrees to repeal transactions from a fucking blockchain then I'm naturally suspicious when only 10% of the network had a stake in it.
You're speaking like this has already happened. An additional 41% of the network who does not have a stake in this have to make the same decision as well, and this has not happened yet.

I don't understand what your concern or suspicion is or how this is centralized.

@Lord_Tryzalot
Why blame Vitalik for anything? People are asking for a solution and he gives them one, it's up to the community to decide if that solution is actually chosen. If you think he's an idiot then simply don't vote in favor of it.

If anyone is to blame it is The DAO owners and DAO members for complaining.

What part of a community decision like this one is bad anyway? I am in awe at how stupid this conversation has been, we have people complaining it's not decentralized while others are complaining that the distributed community having the power to make decisions like this is bad.

kizzmybutt
kizzmybutt

@5mileys
In the IRC logs, they admitted that they had stopped withdrawals, not trading.

hairygrape
hairygrape

@likme

for shorters i'd be very very careful of a big bounce right after passing the old lows @0.013. will be a lot of profit taking and longers all at once and many people will stop looking for short opportunities. would be a bounce to >0.017!

if the market plays out close to what i'm picturing in my mind i'll be longing at first sign of resistance at 0.013 even though I think eth is heading sub 0.010.

138A4r2NVUseHSdtua8LvT3veARiovDttL tip for when you listen to me and long .013 and make a lot of money

Gigastrength
Gigastrength

@Bidwell
It's not, it's good. But if they intend to hard fork to repeal this transaction and people who don't agree are stuck on a non-consensus blockchain then that would be bullshit. I've heard that a softfork is intended and also that a hard fork is, so if it's just a softfork I guess I am okay with that but I still don't like it because of the whole reversing blockchain transactions thing.

StonedTime
StonedTime

also ETH sub-$11.30

DeathDog
DeathDog

@Evil_kitten

What, like yesterday when it seemed to have bottomed at $14?

Stupidasole
Stupidasole

@DeathDog
I paused there for a second

Supergrass
Supergrass

@hairygrape
@likme

next prediction:

there'll be at most 1 15min candle of resistance between now and 0.0135

haveahappyday
haveahappyday

So i took out all my ether without losing on my initial investment
If it goes up tomorrow i will cry

Who's holding and who's withdrawing?

hairygrape
hairygrape

@haveahappyday
got in at 18.... got out at 14. hurts

MPmaster
MPmaster

@Dreamworx
if you think the buywall is a bull sign then you're a beginner. the buy wall give sharks better prices on shorts and gives an immediate profit when the wall dissapears after short positions have been entered.

the huge buy wall just makes me even more sure that the next bounce will be huge.

Burnblaze
Burnblaze

Hey wanna be Veeky Forums analysts, share some thoughts with me.

The image I've posted are from btcmarkets.net, one of Australia's leading ETH/Bitcoin exchanges.

Here's what I'm thinking. IN the bottom graph, ETH/AUD you can clearly see the price spike on the 14th-16th of June before plunging back to normal after news of the hack

However, on the ETH/BITC price chart (top) the spike is never there. You can see where it plateaus on the 15th of June, but otherwise the price never really achieved anything against bitcoin. Should I have been using this as a more accurate guide to ETH's true value?

Also of course
those last prices that are much lower than the out of date chart.

Raving_Cute
Raving_Cute

Waiting until it goes sub $10 then I'm going balls deep.

Harmless_Venom
Harmless_Venom

@Burnblaze
You're not taking into consideration that BTC also had a spike this week. That's why the spikes are smaller on the upper graph.

Poker_Star
Poker_Star

Just cashed out all of my eth

Based on my luck/trading history, this means it is about to skyrocket

RavySnake
RavySnake

it's not fair....

it's not fair god...

do you hear me up there?

I'm sick of your bullshit, IT'S NOT FUCKING FAIR.

I take Veeky Forums advice and invest in a PC with dual 390x so I can make a nice passive income farming ether and then what happens.

It's value goes down the drain overnight. It's my punishment for taking a risk.

Did I basically just build a 2000 dollar electricity waster?

What am I supposed to do now? I have to farm something that will net me at least 250 USD a month. IT'S NOT FAIR. HELP ME BROS.

RumChicken
RumChicken

@RavySnake

Buy TRUMP!

BinaryMan
BinaryMan

@RumChicken
Stop trying to push the new dogecoin. Trumpcoin IS NOT GONNA HAPPEN.

FastChef
FastChef

So is now a good time to buy Ethereum, or is it dead?

Illusionz
Illusionz

@RavySnake
Stop listening to lying, bullshitting shills, cut your losses, and move on.

Fried_Sushi
Fried_Sushi

@RavySnake

See what happens. If ETH let's the hacker have it, stay. Just stay and wait.

If the fork happens. move on.

Booteefool
Booteefool

@FastChef
Yeah. It's also a good time to invest in beanie babies and baseball cards

haveahappyday
haveahappyday

literally got hacked today. 50$ mil. what happened man

kizzmybutt
kizzmybutt

pretty massive fake rally in eth, alot of overleveraged or under-committed people took losses here i'm sure.

My entry was 0.0154, still holding and won't be exiting anytime soon.

alarms and stoploss set, sleeping until my alarm wakes me at 0.138 in a couple hours.

Deadlyinx
Deadlyinx

All this panicking is awesome. ETH is fine you tards, it's only the dao.

Snarelure
Snarelure

@Deadlyinx
If ethereum is fine, then why is it going to be forked?

likme
likme

Ethereum is finished. I recommend everyone sell their Ether coin now.

So I can buy it up. :^)

CouchChiller
CouchChiller

Buy lisk you cucks

AwesomeTucker
AwesomeTucker

Margin trading this is fucking destroying my mind but I'm getting $20 an hour

Worth

Ignoramus
Ignoramus

@Deadlyinx
Shills pretending not to know how much this effects eth too.

keep up the fakery.

BlogWobbles
BlogWobbles

DAO and ethereum retards cucked

CouchChiller
CouchChiller

Yea it's not finished, but bottom is definitely ~$8, if not lower....I'm out and buying back in then.

Lunatick
Lunatick

@FastChef
If the devs really opt to bail out DAO investors from losing 30% of their high risk bets on unproven technology with highly flawed economic model by completely sacrificing the integrity of the Ethereum blockchain then there will be no long term prospects for Ethereum as the only unique value it was promising was trustless smart contracts without possibility of a third party interventions. For short term get rich schemes the high volatility and high volume is still there to be abused no mater who in the end ends up getting a fork stabbed in their eye

lostmypassword
lostmypassword

@Lunatick

I mean, honestly, do you really think they are "completely sacrificing the integrity" of Eth by doing a fork? Doing it now is different than doing it later. You are taking things a bit too literally

hairygrape
hairygrape

@lostmypassword
this is the retarded fucking DAO's problem
if eth does a fork they're degenerate

Emberfire
Emberfire

@lostmypassword

Yes it is, it will never recover, Vitalik panicked because of this when he should have never gotten involved, and when he sees eth plummeting he'll take even more drastic measures

Short this shit senpai

Flameblow
Flameblow

@Emberfire
It doesn't matter what he wants to do, it is up to the community to dictate if a fork happens or not.

SniperGod
SniperGod

get out of eth now and start mining daddy bitcoin today
https://www.genesis-mining.com/a/273276 3% off promo code woJXzj mine forever

RumChicken
RumChicken

@Flameblow

But when the creator wants to fuck over the coin, there will be less investors. We'll see longs who got this based on the technology starting to sell off and move to waves.

TechHater
TechHater

@Need_TLC
Where did I mention that its going up?

It already fell, there is no reason to believe it will fall a lot further.

Basically crystal balling all over the place.

If you were so confident in all of this, I assume you are a multi millionaire because you shorted on leverage?

FastChef
FastChef

@TechHater

pulled out for minor gains when it got the pump going, played it a bit after that. I think all faith has been lost in eth and those buying are speculating on how much they can squeeze out of it or are delusional.

We'll see in the morning though

CodeBuns
CodeBuns

@FastChef
faith lost in Eth
That is illogical, nothing happened to Eth for faith to be lost.

Stupidasole
Stupidasole

hope eth succeeds it's gonna be a hacker's paradise even better than bitcoin

Crazy_Nice
Crazy_Nice

@TechHater
What there's no reason to believe is: that the selloffs are finished yet.

haveahappyday
haveahappyday

@CodeBuns
Have you read the chat log between eth founders(vitalik + other eth guys) + the exchange owners during this fallout?
They act like children. They wanted the exchange owners to stop trading and freeze ETH. And want to hardfork eth.

If you still have faith in them, holy shit you are retarded. If they really go through with the hardfork , it's over for eth + dao. If no, fork then they can save ETH. Need a year or 2 to get the reputation back.

Booteefool
Booteefool

@lostmypassword
They are creating a dangerous precedence that some funds on the blockchain can be locked (the blacklisting feature to mining clients they are right now pushing, i.e the softfork,) or some transactions can be reverted (hardfork) opens up the Ethereum, both big miners, the foundation and the devs themselves to subpoenas and the like that can and will be abused in the future.

girlDog
girlDog

@haveahappyday

Kek youre full of shit. Post some quotes from that seem childish to you.

cum2soon
cum2soon

@CodeBuns
Nothing happened to ETH, however it was a wake up call to how dangerous the functionality of ETH can be.

This WILL happen over and over, and it's just how things are going to be with ETH. People will be terrified to put their money into anything that uses ETH.

w8t4u
w8t4u

@girlDog
ctrl+f dino

askme
askme

@haveahappyday
Obviously you've never really met talented developers before.

They tend to be pretty emotionally underdeveloped.

With good leadership though, this is no issue.

Bidwell
Bidwell

@askme
Uh, socially* not emotionally.

Carnalpleasure
Carnalpleasure

@FastChef
@CodeBuns
@cum2soon

The value of ETH is definitely lower after this weekend's events, as its clear that more work is needed to make the currency more useful.

I'm not an investor in ETH (I own no coins) but I'm pretty sure it continues to be a really exciting project from a purely academic perspective. Luckily there are a lot of get-rich-quick kids thanks to bitcoin who are willing to fund the project and provide a good testing ground.

RavySnake
RavySnake

ITT pump and dumping shills

AwesomeTucker
AwesomeTucker

@RavySnake
Yes, well shills must pump. That is their imperative, their prime directive. They must hype, and pump, and generally present a distorted and one-sided picture that conveniently leaves out all the caveats to "It's going to the moon and nothing can stop it!" Ah, the shills of Veeky Forums. Truly they are the clowns of the board, and they are just asking to be mocked and taunted. So give the tools what they want! I say.

Nojokur
Nojokur

@Carnalpleasure
For the record, I like Ethereum too, academically, as well as blockchain stuff in general. It's the shills I can't stand. I think shilling and the pump and dump attitude toward it is part of what's holding back the technology from it's potential. It's like there's this parasitical energy surrounding the tech, and we see it manifest in the shilling, manipulation, gloating.. all of it. It's super immature shit, that makes me seriously think that it's mostly 13-17 year old kids with like $38 in crypto who are the loudest and most obnoxious proponents of it all.

Lunatick
Lunatick

MODS PLEASE STICKY THIS THREAD

It is the perfect showcase of how quickly shill sentiment changes and will serve as a good caution to Veeky Forums newcomers

lostmypassword
lostmypassword

@Lunatick
Veeky Forums has no mods

hairygrape
hairygrape

Apparently another attack going on

https://live.ether.camp/account/BB9bc244D798123fDe783fCc1C72d3Bb8C189413

https://www.reddit.com/r/ethtrader/comments/4ot3vi/warning_another_successful_attack_recursive_split/

Emberfire
Emberfire

@hairygrape
wow, it's fucking nothing

Poker_Star
Poker_Star

Is it still worth investing in a good GPU to mine ether or is it gonna go to shit?

Is mining bitcoin with an Asic still viable or is it all outsourced to China?

Techpill
Techpill

@lostmypassword
so we can post cp w/o getting banned?

Burnblaze
Burnblaze

@Techpill
sure, go ahead

lostmypassword
lostmypassword

mfw i lose $150,000,000

Nude_Bikergirl
Nude_Bikergirl

Some pools have started voting on the adoption of a soft fork.

http://ethpool.org/stats/votes
http://ethermine.org/stats/votes

lostmypassword
lostmypassword

@cum2soon
nothing happened to Eth

provides reasons why eth is dangerous

the fuck?

TechHater
TechHater

@BinaryMan
you're right, it's not gonna happen :^)

JunkTop
JunkTop

@Nojokur
dude nobody gives a shit about some digital code lmao, who is going to buy hookers and blow with that? all crypto is ever good for is money laundering and ponzi schemes, just like bitcoin is owned by chinese crooks trying to avoid taxes.

ride the pump, avoid being a holder during the dump and laugh your ass to the bank (to get some real money that buys you stuff, lol)

Methshot
Methshot

@JunkTop
Totally proved his point lmao

StrangeWizard
StrangeWizard

@lostmypassword
jej

SniperWish
SniperWish

It's going back up! Daily high of $13!

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