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2820135 No.2820135 [Reply] [Original]

>smart contracts
>gas price
>gas limit
>wei
>gwei
>mwei
>distributed ledgers
>decentralized autonomous organizations
>turing completeness
>worldwide computer on the blockchain
All of this shit is completely opaque and non-intuitive garbage and this technobabble is why Ethereum won't reach mass adoption with normies and why bitcoin will remain king.

>> No.2820149

100% agree, especially with the gas crap. nobody understands that shit.

>> No.2820157
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2820157

>implying they can't coexist
>not buying both
Hurr Durr muh BTC maximalism

>> No.2820167
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2820167

>fedora BTC lover trying to cope
kek, deal with it, your chink coin is DONE

>> No.2820172

>>2820135
It's ruski so of course there's natural gas involved

>> No.2820173

>>2820135
Ethereum is garbage.

>> No.2820176

>>2820135
t. brainlets bitching.

"sending electronic mail through the internet? You have to buy this thing called a computer? Then install a modem to go on the internet? Then install an email client? This shit is such technobabble. Too complex. Only nerds are gonna use it."

>> No.2820179

>>2820157
I'm not a bitcoin maximalism, just an Eth minimalist.

It's hot garbage and it has no shown no actual use aside from scam icos. The "gas" mechanism is the worst design I've ever seen for managing transaction fees.

>> No.2820182

>>2820135
Yes, just like the internet never gained mass adoption because of all those really complicated technical terms.

>> No.2820196

>>2820176
>hurr durrr brainlets dont understand my incredibly convoluted and contrived system! i am so smart!
PROTIP: If the average 100-IQ person can't use your monetary system reliably, it's garbage and will never have a significant valuation.

>> No.2820197

>>2820173
why do folks like you get so partisan and angry about shitcoins? Hurr ether is shit, durr bitcoin foreva gaiz. You do realize eth and btc can exist side by side right? Along with other shitcoins?

>> No.2820207

>>2820135

>I don't understand anything about IT or economics, which is why I'm the most savvy cryptocurrency investor

>> No.2820209
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2820209

>>2820196
I wasnt sure at the beginning but now I know.

>> No.2820216

>>2820207
>hurr i am so smart
>le autonomous turing-complete blockchain world super computer

vs

>bitcoin: digital gold

>> No.2820220

>>2820196
Okay so you dont believe in the tech. Dont need to get all anally rekt over it. hurr durr muh protips.

>> No.2820230

>>2820197
https://www.youtube.com/watch?v=sqcLjcSloXs

>> No.2820240

>>2820216
nice concise way to show that they're not competitors there.

>hurr I am so smart
>Pepsi

vs

>The Tesla powerwall

>> No.2820243

>>2820149
what's so hard to understand? You're paying for every instruction you execute on the ethereum vm. Since the code you run is turing complete, there's no guarantee it will ever halt, so the gas limit is needed to prevent infinite loops

>> No.2820251

>>2820196

USD is way more complicated than an average person can understand, but they don't need to understand it so long as they know they can buy groceries with it.

>> No.2820256

>>2820230
Epic maymay...faggot

>> No.2820264

>>2820179
The ovee 100 companies and institutions in the EEA are all getting scammed. Because they are not as good at spotting scams as you. Whatever you say champ.

>> No.2820266
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2820266

>>2820167

> late to the party faggots desperately trying to convince people to sell their BTC for scam coins so they can get a slice of the pie

it's d-done f-edora nerd!

>> No.2820275

>>2820182

the internet gained popular usage when it became easy to use.

how easy is ethereum to use vs bitcoin?

Its exactly the same for the end-user. Exactly, except currently if i want to purchase things more vendors have bitcoin setups ready to go.

>> No.2820288
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2820288

>>2820251
How do you buy groceries with Ethereum without using a 20-step "smart contract" that requires me to do constant conversions between eth/wei and constantly fuck around in myetherwallet

LOL have fun explaining that one to normos

>> No.2820291

>>2820135
But it's exactly it will/has reached max ponzi. These retards are so retarded they think something they can't understand must be smart.

>> No.2820299
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2820299

>>2820243
Okay, have fun explaining the halting problem and the concept of UTMs to normies while you're trying to convince them of the value of your funny money

meanwhile, BTC is easy to use and simple to understand

>> No.2820396
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2820396

>>2820266
I'm fine with my eth pie that already doubled and more incoming. Have fun hodling your chink coin, though.

>> No.2820407
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2820407

>>2820396
>his coins only doubled
AHAHAHAHAHHAHAHAHAHAHAHHAA

I'VE BEEN IN THE CRYPTO GAME SINCE 2011 FAGGOT

HAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHA WHY DON'T YOU JUST GO INVEST IN AN INDEX FUND KEK AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

LOOK AT THIS KEK AHAHAHAHA HE THINKS 100% IS GOOD

ENJOY IT BECAUSE THIS IS AS HIGH AS ETH IS GETTING

>> No.2820423
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2820423

>>2820299
>BTC is easy to use and simple to understand
all cryptotrash is indecipherable to normies

>> No.2820432
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2820432

>>2820407
It doubled in 3 days, retarded katana collector. Enjoy your shitty 30%.

>> No.2820438

>>2820432
which 3 days did eth double in? because if you're referring to april/may rush then that's REALLY sad

>BRAGGING ABOUT 100% GAINS IN CRYPTO
my lord, that doesn't even beat the market

>> No.2820441

>>2820288
I ain't got time to wait 60 hours to get said groceries with a 2-3 dollar fee

>> No.2820447

i tried sending 2 dollars of ethereum from my ether wallet to bittrex and it got lost

>> No.2820450

>>2820288
Why the fuck do you want to buy groceries with ether?

>> No.2820451

>>2820441
nobody has to wait around for confirmations, the same way nobody has to wait around for credit card transactions to become irreversible. idiot.

>> No.2820457

>>2820447
Tx ID or you're big gay homo

>> No.2820467

>>2820451
If no one has to wait for irreversibility then why doesn't everyone just steal everything?

>> No.2820472

>>2820457
https://etherscan.io/tx/0xc10c0f81f9ecc034f81e4661018b11d6923db1106987a2b6bf442ec86678483a

>> No.2820481

>>2820167
Tim Horton's coffee is good af yo.

>> No.2820495

>>2820438
How far is your head up your ass, stupid chinkcoiner? Last fucking 3 days, more like 2.5 even.

>> No.2820544

>>2820167
>segwit hasn't even locked in yet and ethcucks already in damage control mode

>> No.2820551
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2820551

>>2820495
>eth price has doubled in 3 days
HAHAHAHAHAHAHAHAHAHAHAHA LOOK AT THIS IDIOT

>> No.2820583
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2820583

>>2820551
>sits in his piss poor 30% gains instead of x2
>y-you are s-stupid!
cope harder chinkcoiner

>> No.2820617

>chink coins
>slav coins
>jew coins
Where's the AMERICAN coin?

>> No.2820864

>>2820196
Kill yourself

>> No.2820882

>>2820196
Protip:
The average person does not use bitcoin.

>> No.2820890

>>2820135
>>smart contracts
>>gas price
>>gas limit
>>wei
>>gwei
>>mwei
>>distributed ledgers
>>decentralized autonomous organizations
>>turing completeness

this is why i prefer btc and shitcoins that don't have this amount of nonsense.
eth looks like is witcher's "spellbook"

>> No.2820950

This thread really is moronic.
It's like the owners of cars ridiculing the owners of JCB diggers because the average Joe doesn't need a digger.

Ethereum is not a store of wealth, it is not in competition with Bitcoin. It is designed for corporate usage, not for micro/macro transactions.

>> No.2821445
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2821445

Say I had $10m in ETH and I need to hide from the blockchain where it is being sent, what's the best method to use?
Is there a similar thing for ETH as a Bitcoin tumbler?

Just asking for research purposes.

>> No.2821613

>>2821445
you could just wait until zec puts zkp on eth chain

>> No.2822238

ETH mooned for 2 reasons:
1. it's backed by Micro$hit so it'll be forever protected by the regulator$
2. it's ASIC resistant since it's a general turing machine