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2262730 No.2262730 [Reply] [Original]

http://www.coindesk.com/ethereum-smart-contract-exchange-14-million/

>volume dropping
>eth's shitty security costing people money
>investors learn about the dao and all of ethereums glaring faults

lol how low do we go? $50, $70?

>> No.2262747

Lol eth won't go below 180 before its bought back up again. Everyone wants cheap eth, bad news or not

>> No.2262783

FUD. This wasn't a problem with Ethereum. Do your research.

https://www.ethnews.com/quadrigacx-provides-explanation-for-costly-code-error

>> No.2262794

>>2262730
>Smart Contract Error Costs Cryptocurrency Exchange $14 Million
>eth's shitty security costing people money
nigga what

>> No.2262808

Coindesk is run by eth's opposition, the guy who runs etc.
Bitcoin elite hates eth since it's cutting into their gains, fyi.

>> No.2262835

>>2262794

Lol you're retarded.

The coin had a hard fork which split the coin into Ethereum and Ethereum Classic. Because there were security issues presumably.

This error was caused by the fact that there exists Ethereum and Ethereum Classic.

>> No.2262864

>>2262835

Ethereum smart contracts are the future, eth will surpass bitcoin sooner or later.

>> No.2262865

>>2262835
>This error was caused by the fact that there exists Ethereum and Ethereum Classic.

FUD. See >>2262783

>> No.2262936

>summer comes around
>a bunch of alpha dapps come out
>they all lose millions because ethereum is insecure

lmfao can't wait

>> No.2262968
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2262968

>>2262936
The fuck is an alpha dapp?

Also, what's that? You're all speculating on whether or not ETH is going to crash because of security issues? Here's a solution: Diversify.

>> No.2262978

>>2262835
The issue was that someone incorrectly coded a smart contract and another person exploited that mistake. The hard fork that occurred was to roll back the transaction to a point before it occurred. This is where the split of ETH and ETC occurred.

What you're alleging is the equivalent of saying that because a program that's run on a Windows computer is insecure, that therefore means that the windows platform overall is insecure. Smart contracts, like programs run on computers, ride the top layer of Ethereum. If your smart contract is not properly coded then you are opening yourself to trouble. The basic coding of Ethereum has nothing to do with that.

Additionally, next time don't run your mouth and talk about shit you don't understand. It makes you look like a fool.