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07-11-2017 , 04:04 PM
RIP
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07-11-2017 , 04:05 PM
What address is that?
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07-11-2017 , 09:01 PM
Quote:
Originally Posted by _dave_
Not for me. Is the rest of reddit working for you?
Yea bitcoin was but ETH wasn't. IDK why.
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07-11-2017 , 09:49 PM
Quote:
Originally Posted by housenuts
I personally don't buy assets that I don't know how to spell.
ahaha

im still gunna!
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07-11-2017 , 11:18 PM
Cliffs - Just skip to last paragraph or two. Or can easily skip whole thing unless you specifically want to hear my personal deconstruction of one posters' posting habits.

Aggo:

Quote:
The vast majority of my posts are disingenuous, ****, lies, and veiled with a stench of bitcoin maximalism.
Well said. To be honest, after seeing you get your news from the Drudge report, it's genuinely surprising to me you are capable of this level of self-awareness.

Quote:
1- when attempting to passive aggressively inform people that "the flippening" is not an investible thesis
Who said it is? Are you obtuse enough to think that was my whole thesis? I correctly predicted market share shifts away from Bitcoin when it was 98%+ of the crypto market - and that to you that makes me a 'mETH' head (lol at that term by the way). For the record, I was correct and made thousands of % ROI better than if I had stayed with just BTC and continued to blindly read propaganda against Ethereum (of which there was tons at the time, same as there is now). Instead, 'lucky' for me, I understand this space and saw right through the ****, much like I can easily do with you. Do you ever stop and wonder why 'mETH' heads & people who own alternative cryptocurrencies makes you feel so salty/spiteful and what that says about you as a person? I can't even begin to comprehend; that would be like me being mad at someone owning say Ripple (who cares? It's their $). I'll just point out the obvious it's a pathetic front on your part that you pretend to 'care' so much about what other people do with their investments when really your only purpose here is to just spray spitefulness and hope any sticks.

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2- when trying to warn people that they should not invest in ICOs without a business plan, viable product, or use case
I've never given advice investing on different ICO's. If anyone searched my post history there is caution regarding them and telling people that unless they truly know what they're doing it's best to not dabble into ICO's. Where we disagree here is you shift the goalposts and frame ICO's as if they're all a scam - that's just not true. I'm done taking the high road and I'll just say it how it is. In other words **** off because that's just completely wrong.

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3- when trying to get mETH heads to understand their own blockchain
I actually read these as my last parting gift to you. Let's go through them:

Ok. An article about Augur and its roadmap. It's well written. What is your point? I can't even understand what you're getting at here. Do you have any original thoughts, or just links to articles? Or I'm reaching here but is the whole point of this article is that it's going to be a bit janky at first? Well duh. Here's the Augur development team in their own words:

Quote:
We want to launch slowly. In the beginning the core dev team will essentially have carte blanche to modify things, replace / upgrade contracts, etc in the case of a fault event or vulnerability after launch. The idea is to sort of start with “training wheels” and slowly remove them over time as the system proves to be secure
They're still early in their roadmap and haven't yet started bug bounties. Be ready to clutch your pearls when that happens! In case you can't draw your own conclusion from the quote I posted, that's what's called good business practice.

Okay? Read the second response. It's one of the lead developers saying it's a current issue for regular developers and providing multiple solutions while acknowledging they will make it more developer friendly in the future. This will probably get fixed in Metropolis, if not sooner. Is this the best you got? It's two months old as well. In case you're living under a rock, Ethereum is not a 'polished' platform and no one has claimed it is. Nothing like it has ever been done. So is the purpose of this link to cherry pick an existing 'problem' and put all your focus and effort into it? Here let me make this easier for you so you can upgrade your shill game:
These are valid concerns. Should I bother to go into BTC's ****show right now or begin to even question whether they have united leadership, a vision or an agreed-upon roadmap in place that can stand up to honest criticism? I'd ask on r/Bitcoin, but I'd be snap censored and banned (if anyone thinks this is embellishment go try for yourself and report back here) for even trying to have a discussion about the difficulties Bitcoin currently faces. But I digress, and I won't waste any time 'attacking' another coin because it's a waste of time and not something I'm concerned about.

But here, just as a gift let me do some more shill homework for you. Here are some more Maximalist talking points you can try to bring up among lower information cryptocurrency investors to try and confuse them (Ignore Vitalik and his response, clearly):

You're welcome. Moving on, next up we have this link:

and from that you seem concerned about:

Quote:
We can see here that it costs 0.09 ETH or $26.55 to add two numbers together 1 million times. Compared to running on a local computer or cloud server this seems pretty high. Let’s do a quick price comparison to AWS.
I can add two numbers together 1 million times in python in 0.04 seconds. Amazon charges $0.0059/hour for their cheapest EC2 instance — t2.nano. This costs $0.000001639/second or $0.000000066 for the operation. Compared to $26.55, this is about 400Million times more expensive (or 40Million if you are willing to pay a low gas price). Whoa!
All I can do is laugh because it's straight from your playbook. Find an article with big fancy blockchain words, post a link and hope something sticks from it. The part I find hilarious is you can't even type a paragraph or explain in your own words what you think this means or why it's relevant. Well here, let me do this one last time for you because once you cut through the tech jargon I can tell everyone exactly what he is actually saying. Technically, he is:
Spoiler:
correct!
but here's the catch:
Spoiler:
It doesn't really matter.


If you were to try and run some computational mathematical code that spits out millions of integers of course it would be more expensive (I'm not going to bother to do the math, let's say his #'s are correct) than sending a simple transaction or executing logic on a smart contract. Pure computational long-winded math code isn't the focus point in the development of the Ethereum blockchain you moron, so no, using Ethereum blockchain for a use-case that it's not well designed for, well no **** it's not going to perform admirably. If you understand anything about blockchains you'd realize technically he is correct, but it's a stupid comparison by any metric. It's almost as bad as it would be like me pointing to an article on how poorly smart contracts perform with Bitcoin - also stupid and irrelevant. Anyway, to finish this example before I forget: Why this is is because the blockchain would then have to log those millions of integers forever (obviously) and that's a more expensive/useless way to do so in that manner. If you really were wanting to run some computation specifically like that in that manner and needed a cost efficient way to do it, wait for Golem to come out where it can be run on a decentralized cloud platform & won't be 400 million times more expensive. That whole article is a subtle troll. Go back to your shill well and try harder next time.


Quote:
Ethereum scales far worse than bitcoin.

executing contracts are expensive
executing contracts inside of contracts are even more expensive
all of these things take computing power (as in node validation) and far more disk space vis a vis to bitcoin.
See what I wrote over a month ago in this thread here:

Quote:
Kazuya: comparing a BTC transaction to an ETH transaction is like apples and oranges. BTC sends just bits of little info from A -> B. That's it and that's all it can pretty much ever do. Eth can do that, but it can also send tokens, and it can execute logic on those tokens or information that it sends. Transactions like that do take more gas. Those ones [transactions] that BTC do, it would take probably 1 GWei (10^9) - which is roughly probably ~2c to complete (and probably 20-30 seconds at ~215k daily transactions which is what it was done at today)
Re-read that quote. Now re-read it again. Now the only conclusion I can come to is another data point towards you're a moron and cannot even begin to understand the many differences between BTC and ETH. You're also trying to compare something where use cases are completely different.

Quote:
gl to everyone that is holding his bags
I'll hold my own bag and have been for my whole adult life.

Aggo,

You truly are a black hole waste of time to engage with and congratulations you make the world a dumber place for pretending to know what you're posting and talking about. Continually responding to you has put me in a lose:lose position. I'm face-palming myself because it took me 42 minutes and counting to read through all these articles/links and then patiently explain why you're a dishonest moron time and time again - but I allowed myself to do it one last time for nostalgic sake so you cannot somehow do mental gymnastics and come to some conclusion of you having a higher ground in any argument. I'll admit I allowed myself to get suckered in because I care about intellectual integrity. As fun as this dance has been, it's just not something I'm going to commit to doing for the foreseeable future and it's just not how I'm looking to invest my time moving forward - I value it too much. It's become either I waste an hour or so of my time a day towards preserving an honest narrative of Ethereum and its applications via this thread by debunking all your daily bull**** or I can choose to ignore it all and try to take the high road (which I tried to, and failed at, clearly).

It's disappointing to me because 98% of this thread are people genuinely wanting to participate and contribute towards moving a discussion forward, and many of them are also clearly quite knowledgable and offer much value, but you specifically and your dishonesty stand out like a turd that needs to be flushed away. And I can't help but spend all of my time jamming the flush button. It works, but then you go and lay another one the next morning. Perhaps it's my fault for giving a **** about directly confronting trolls, or I'm just not articulate enough, but honestly at this point it doesn't matter to me anymore and apathy has set in. It's just stupid to continue this madness and clog this thread with our back/forth any longer and everyone suffers - including the potential of this thread - so yeah I'm done. The last clear sign to me is when the majority of my time in this thread is spent engaging shills instead of talking about the things that are truly exciting in this space, its time for me to unsubscribe as its no longer productive for anyone and I don't want this to become any more of a freakshow. For everyone elses' sake, I hope that allows Aggo's post count to drop dramatically.

If for some reason you want to hear from me specifically about something that you can't find an answer elsewhere to or from any other poster in this thread, just PM me and I'll likely answer any quick questions or point you towards a few ETH reddit posters who're intellectually honest/knowledgable and have in the past patiently explained complex concepts much better than I can. r/Ethereum is also a great source of information that is more closely moderated towards engaging discussion and not a wild-west of posting. But I've now said what I need to say, and if you're not still sure what to believe in this flame war between me/Aggo, my last parting words to you would be: Don't give up continuing to learn more about this space, it takes time but it gets easier to understand the whole concept behind Ethereum. And besides, I promise you'll one day wake up and be able to spot the turds for yourself.

Last edited by Kazuya; 07-11-2017 at 11:38 PM.
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07-11-2017 , 11:30 PM
Too long to quote that Kazuya. I jumped to the bottom and saw you writing lengthy messages to Aggo.

Cmon now, you should know better then that. That thing is on a different wavelength. I can't even imagine what it's like in real life.
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07-11-2017 , 11:41 PM
I know you spent a lot of time on that, there's no question about it


but there's only been 1 person in this thread whose formed arguments and actually defended them, instead of posting worthless projection arguments and strawmans over and over again-- that person most certainly isnt you.

I dont think i've ever quite read anything on these forums and walked away with a sense that I absolutely gained no meaningful insight or knowledge about what was written, congratulations. You're such a dummy its almost baffling until people realize that all you've done is drink hopium and form ****ty investing theses that have been ripped out of reddit threads where a bunch of broke 24 year olds play circle jerk.



Spoiler:
EEA3 tho
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07-12-2017 , 09:57 AM
Another 18k ETH moved to bitfinex from EOS 1.5 hrs ago. Can't imagine that being a good thing for price over the next day or 2.

https://etherscan.io/address/0xfcad9...76ca82b70c7bc6
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07-12-2017 , 02:05 PM
Some $30 swings on Coinbase atm. Would guess big chunks being dumped once it gets to ~220
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07-12-2017 , 09:53 PM
Thoughts on giving an ether card as a wedding gift?
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07-12-2017 , 11:11 PM
Quote:
Originally Posted by Westley
Some $30 swings on Coinbase atm. Would guess big chunks being dumped once it gets to ~220
Yeah wtf was going on today with multiple $20-30 1 min swings?

Quote:
Originally Posted by Neemahb
Thoughts on giving an ether card as a wedding gift?
Old people or young people?
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07-12-2017 , 11:13 PM
Quote:
Originally Posted by Neemahb
Thoughts on giving an ether card as a wedding gift?
I'm thinking about it for October since a friend is into Ether but will never pull the trigger and buy. At the end of the day, think they'd just rather cash and the gift is more cute than effective.
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07-13-2017 , 03:09 AM
Is there an easy, cheap way to convert Bitcoin into Ethereum?
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07-13-2017 , 05:55 AM
Quote:
Originally Posted by jonnyman34
Is there an easy, cheap way to convert Bitcoin into Ethereum?
Use an exchange like poloniex or bittrex. Or use changelly which is faster but 0.5% fees instead of little lower fees at exchanges
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07-13-2017 , 02:55 PM
Quote:
Originally Posted by OptioNz
Use an exchange like poloniex or bittrex. Or use changelly which is faster but 0.5% fees instead of little lower fees at exchanges
Just made a Bittrex Account. Still trying to figure out how to do this.

Is it as easy as generating an ethereum address (by clicking the plus sign) and then copying that address into the bitcoin withdrawal (Minus sign)?

Sorry for the noob questions. I want to make sure you can send Bitcoin like that across chains.
Ethereum - Blockchain App Platform Quote
07-13-2017 , 03:02 PM
Quote:
Originally Posted by jonnyman34
Just made a Bittrex Account. Still trying to figure out how to do this.

Is it as easy as generating an ethereum address (by clicking the plus sign) and then copying that address into the bitcoin withdrawal (Minus sign)?

Sorry for the noob questions. I want to make sure you can send Bitcoin like that across chains.
No. Hit the + sign on bitcoin. It will give you a deposit address. Deposit your bitcoin. Now you will have a bitcoin balance on bittrex (it may take up to an hour to confirm)

Then go to the btc/eth trade market. And create and offer to sell your bitcoin for eth at a certain price. Once it matches your btc will be gone and you'll have eth.

Now go back to the wallet and hit - on eth. It will ask you to input your eth address to withdraw to.
Ethereum - Blockchain App Platform Quote
07-13-2017 , 04:25 PM
Quote:
Originally Posted by housenuts
No. Hit the + sign on bitcoin. It will give you a deposit address. Deposit your bitcoin. Now you will have a bitcoin balance on bittrex (it may take up to an hour to confirm)

Then go to the btc/eth trade market. And create and offer to sell your bitcoin for eth at a certain price. Once it matches your btc will be gone and you'll have eth.

Now go back to the wallet and hit - on eth. It will ask you to input your eth address to withdraw to.
Thanks, got it now. All aboard the Ethereum train.

Anyone have a prediction for where Ethereum's price will be a year from today?
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07-14-2017 , 01:51 AM
When a mETH head tries to run a "business"

https://www.reddit.com/r/EtherMining..._gpus_delimma/


he actually made $ reselling those cards for over retail.


sounds just like

Spoiler:
every ico ever launched on ethereum. no matter what you do, its impossible to lose $ in ethereum

Last edited by aggo; 07-14-2017 at 02:09 AM.
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07-14-2017 , 02:13 AM
When given actual empirical, and scientific proof that ethereum cant scale with current tools available and that its gas pricing mechanism is inherently broken,

Kazuya's response:

"so what???? doesnt matter... look at BTC"

strawman, projections. ****ing pathetic
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07-14-2017 , 03:47 AM
Quote:
Originally Posted by aggo
When given actual empirical, and scientific proof that ethereum cant scale
Empirically it seems to work. All my transactions with ~1cent fees have confirmed within a few minutes, even during the ICO backlogs. I havn't seen any proof for why it can't scale, but maybe we have different definitions of what proof is.
Ethereum - Blockchain App Platform Quote
07-14-2017 , 04:04 AM
Quote:
Originally Posted by heltok
Empirically it seems to work. All my transactions with ~1cent fees have confirmed within a few minutes, even during the ICO backlogs. I havn't seen any proof for why it can't scale, but maybe we have different definitions of what proof is.
The network has proven it can handle eth movement between accounts and erc20 contracts.

The last time anyone tried to use the vast array of evm codes layered into autonomous contracts, it took eth 2 hardforks and weeks with an unreliable network to get it fixed. Because the nodes that validate these txns stalled at validating. Something about the evm being a ti89... err.. it was a "ddos" attack.

Not to mention that it's official node client fell out of sync with the network and basically hardforked during a hardfork. I **** you not.


So yes, proof of stake is days away which will improve throughput by 2x.
And shart ing is just months away which will improve throughput by 1000x.

Both are tested and highly reliable


Now here's a straw man:

People on bitcoin payed 500 says/byte for weeks and didn't give a ****
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07-14-2017 , 11:40 AM
The case for ethereum is this:

It's functionally a better currency that Bitcoin even without touching smart contracts:
-sub 30 seconds confirmation times makes normal merchant transactions more robust
-Fast sync of nodes/blockchain because a hash of the "state" of the network is included with each block - something BTC should have implemented years ago if people over there weren't anti-scaling
-Uses "accounts" over UXTO, which actually minimizes data transmission bloat, fees for heavy users and general confusion for newer users.

It still needs adoption to be a good currency, and that will only happen if BTC continues to sh** the bed. BTC has the name, the first mover advantage, and a huge network effect advantage. It's unfortunate that it's developer group is doing its best to squander that.

Add in the smart contract side, and today you get...not much advantage, yet. There's only 2 clear cut advantages to ETH:
1) the EVM allows for lightning network type payment channels right out of the box.
2) basic currency related derivatives can already be made.

I don't think either of these things are World Beater features, but they are probably a bigger deal than you think and there's no downsides to having them. Everything else on the platform seems like stuff that probably won't work.

So if BTC continues to botch it's scaling plan, the flippening probably happens, and ETH never looks back.
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07-14-2017 , 12:10 PM
Uhoh, this recent cover of the economist doesn't exactly paint ETH in the best light

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07-14-2017 , 02:20 PM
Literally 1% of all ethereum is margin long on 1 exchange right now.. and it's not even the top eth/btc exchange by volume
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07-14-2017 , 06:57 PM
Quote:
Originally Posted by Go Get It
Yeah wtf was going on today with multiple $20-30 1 min swings?



Old people or young people?
Young - 26/27. Not sure they know much or even heard of it (other than btc) but certainly have the intelligence to understand it if they wanted. Also think it'd be a little novelty, but it's also their wedding and that's part of the fun. Kind of feel like hanging them a check is lame, boring, but I'm also not trying to make the gift about ME. Ultimately I'd like to take this opportunity to give them something special and valuable.
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