/biz/ - Business & Finance

[Anonymous No.2285137]

fuck he has a point

[Anonymous No.2285146]

Big announcement Monday, goys

[Anonymous No.2285149]

>>2285137
At least he's talking to Putin now. That's not something to cause anyone concern. /s

[Anonymous No.2285154]

If fluffypansy thinks you are speculating he will also destroy your money

[Anonymous No.2285862]

>>2285137
Who is this faggot ?

[Anonymous No.2285889]

>>2285862
ricardo spagni. he a monero dev i think
but in this pic he has the JUST haircut
funnny shit

[Anonymous No.2285908]

who cares about what fat fuck monery cuckboi thinks

I think its fine, if you fuck with the blockchain, you get punished, but if you are a good boy, you get a yearly amount of eth based upon your stake

i mean, what else should he do?
let them continue the attacks?

also keep in mind the only way to quickly stop an attack with a PoS system, is deleting the attackers stash or locking it away, no coins, no power

[Anonymous No.2285967]

>>2285137
I fucking love the responses on that post.

For some reason no one took the 3 seconds to skim Vitaliks post that shows how it works, and everyone assumed 'we' means 'Vitalik'

'We' means the network, not Vitalik himself. Dur.

If you actually read his post they are quoting, Vitalik is talking about the fact that rolling back the blockchain post casper is very costly for anyone involved.

Attacks are in the form of trying to 'roll back' the chain to modify a value. However to do this will cost anyone involved a tonne of coins, to such a degree that trying to do such an attack will just make all your coins burn up, which means its never worth it to try.

[Anonymous No.2285995]

>>2285137
Never look for faults in the Lord's will for Lord Vitalik is infallible.

[Anonymous No.2286002]

>>2285149
please go back to /reddit/

[Anonymous No.2286056]

It is confirmed by several developers!
You are able to delete Ethereum wallets.
Full balance in the blink of an eye to zero.
Target of attack exchanges!!!

If you have Ethereum on exchanges withdraw immediately that have there is less chance your wallets gets dropped to zero!

>ETH wallets getting erased by devteam

[Anonymous No.2286084]

>>2286056
Russian roulette would be an interesting concept for a coin. Every day one random wallet is selected for destruction. Another random wallet gets all of the victim's coins before. Or something.

[Anonymous No.2286209]

I've started to think that all coins besides bitcoin are made to eliminate bitcoin. Get that $40 billion off of the street and move to a global currency that is governed.

[Anonymous No.2286230]

>>2286084
If it was truly random, I would throw .1 ETH every now and then on it. 10 people play - house gets .1,winner gets .9.

[Anonymous No.2286232]

>>2285137
jokes on you i will sell my eth once they hit 0.2

[Anonymous No.2286238]

>>2286084
Yes that is true, it is a very dangerous idea that developers can delete the wallets of random users

[Anonymous No.2286272]

Bitter fat fuck that just pumped and dumped his shitcoin a week ago can kill himself

[Anonymous No.2286287]

ETH has been a scam since day 1:

https://www.youtube.com/watch?v=wUUVlatCvp0

[Anonymous No.2286512]

>>2286238
on /pol/ earlier there was a thread about some jew who wants crypto to be based on sjw morality. if anyone speaks out against the sjw narrative then their wallet will be deleted, and i think that's terrifying.

[Anonymous No.2286531]

>>2286287
what about ETC?

[Anonymous No.2286536]

>>2286512
Yes it is very disturbing there is no decentralized aspect to it anymore.
>Immutability is the key word

[Anonymous No.2286559]

>>2286512
thank god BTC and LTC will never disappoint us

why are you guys even holding these other shit coins

[Anonymous No.2286561]

>>2286531
There is no key figure in ETC from what I understand.
Not sure at the moment I am looking into it because I am going to sell a portion of my ETH and probably go into ETC.

Any other tips for ETH like coins?

[Anonymous No.2286575]

Lotta shitcoiners want in on those mad ETH gains. Sorry, shitcoiners, go sit at the kiddy table.

[Anonymous No.2286618]

No he doesn't. This guy either completely misunderstands how PoS will work or he's intentionally playing dumb because of his vendetta against eth. When you stake eth, you are basically agreeing to a terms of service that you will not attempt to attack the network in any way (ex. 51% attack) and that eth is the collateral. So the only reason to be against this is if you think people should have free reign to attack the network. It's honestly a genius defense mechanism.

[Anonymous No.2286641]

>>2285908
fucking this

fucking the system is fine but if it rapes you afterwards it's outragous?

why is this even a thing?

[Anonymous No.2286682]

this shouldnt come at a surprise to anyone. etherum has always been owned completely by vitalik, and what he says goes, and most of his ethereum followers are happy to go along with him because he's been making them money so far.

ethereum was never a truly decentralized cryptocurrency, but it was/is a great money making opportunity.

[Anonymous No.2286723]

>>2286682
the only thing not surprising about this is riccardo fagni completely misrepresenting how staking will work.

[Anonymous No.2286749]

>>2285967
you are an indoctrinated retard. I'll trust Nick Szabo's opinion https://twitter.com/NickSzabo4/status/871462865206509568

[Anonymous No.2286770]

>>2286618
https://twitter.com/NickSzabo4/status/871477491898040320

It's a retarded mechanism

[Anonymous No.2286786]

>>2286723
the not suprising thing is that ethcucks don't understand POS on Ethereum will never work and will only end up with them losing all their money

[Anonymous No.2286796]

>>2285967
Exactly. He states himself it is autonomous, that's how PoS works and the POINT of it. Fuck with it, and you get punished by the network. It's more costly to try scamming than the reward you'd get.

[Anonymous No.2286798]

>>2286786
its more fun if they can find this out for themselves though. after all, money to be made.

[Anonymous No.2286801]

>stupid person takes shit out of context and FUDs for no reason, likely because he's salty that he's not succeeding with ETH like some people are
i
hate
normies
REEEEEEEE

[Anonymous No.2286815]

>>2285908
>>2286641

the problem is people are flawed, and the power to control everyone's coins should not rest in the hands of the top 1% of eth holders. this traditionally is what has led us to this point in history where the rich manipulate everything to continue to get richer while poor people have little recourse.

I know you're too short-sighted to see things this way, but that's the reason he and others think like that.

[Anonymous No.2286831]

>>2286801
He actually bought ETH at the crowdsale, he's richer than you'll ever be

[Anonymous No.2286854]

>>2286798
I hope you're shorting ETH.

[Anonymous No.2286991]

>>2286786
Could you explain why?

[Anonymous No.2287011]

ETC
T
C

[Anonymous No.2287031]

>>2286854
only on futures. when poloniex comes crashing down i dont want anything sitting on there.

[Anonymous No.2287068]

>>2286770
it works as intended, its a smart contract, its autonomous, and thats what it should be.

and its not any different than real life banks, if you screw with the bank, you can damn well bet they will freeze your account.

and no one forces you to stake, they cant touch your ETH if you haven't signed that contract.

[Anonymous No.2287102]

>>2286815
Indeed, morally it shouldn't.

However of COURSE the "noses" will want that, so unless you're a blockchain developer, ride the wave and make a fucktonne of money as the noses invest. (As they're already doing, JPMorgan...)

[Anonymous No.2287119]

>>2287102
jpmorgan isn't buying ether, if thats what you're confused about.

[Anonymous No.2287155]

>>2287068
>its not any different than real life banks
wow ethcucks are unironically this retarded

[Anonymous No.2287219]

>>2287119
Of course not, but any investment in the platform by them, Microsoft, Samsung, Siemens, fucking Putin and the rest (while they develop their own, centralised, private shite), will push up ETH's value up to the point they bring theirs out. Still a good long term hold for now.