Quote from: Auponef on June 21, 2016, 11:18:50 AM

Quote from: iamnotback on June 20, 2016, 10:47:29 PM

If the "attacker" is successful at winning the majority hashrate to defeat the fork, I expect a dump down quickly to $7 out of the corner of currently closing wedge.

Might get a bounce from there as many might perceive this as a victory for a decentralized Ethereum, although then potentially start the lawsuits from all the DAO losers. So a bounce could later be followed with a series of declines, eventually taking it down < $1. But as you say, this might take a while.

There are other scenarios though.

That could happen. So why would the miners accept the bribe and destroy a long term business. i hope the miners will make a wise decision.

Forking Ethereum destroys their long-term prospects. The following linked poll only confirms 23% of the people here are retards (the other 77% might also be retarded but it isn't confirmed by the poll):

https://bitcointalk.org/index.php?topic=1516799.0

The rest of us (those who aren't retards) will create a replacement for Ethereum which doesn't break the entire goal of crypto:

Quote from: iamnotback on June 21, 2016, 01:33:12 PM

...

The game theory point is to share 70% of the spoils with other mutineers in order to ensure a fork (which voids the contract) is impossible to achieve.

Since the up to 15% of the money supply drained from the DAO is not sufficient to pay for mining hashrate forever, it is best to have others who have a vested interest in mining on the non-forked chain.

It also appears to be a test of whether anyone in crypto-currency really gives a shit about decentralization. Because if Ethereum forks, then it means it has been 51% attacked with arbitrary politics. Thus crypto-currency as a defense against the evils of Corporatism and the State is dead (if Ethereum's fork becomes the precedent for what people want).

Smooth and I discussed this in more detail, which I linked to upthread.

If Ethereum is able to fork and prosper after the fork, it is an sad outcome for those of us who wanted to change the world for the better. Angry

The "attacker" wrote:

Quote from: http://trilema.com/2016/to-the-dao-and-the-ethereum-community-fuck-you/#comment-117654

@cryptodevil Vitalik Buterin is a an empty shithead. This literally means that where human beings normally carry gray matter, he instead used to carry brown matter, but it was taken out. So now his strangely shaped skull is just a foul smelling empty receptacle.

He's not the only one in this situation...

...Groups of scammers use these idiots, exactly like you would use a table...

...In the case of Ripple, the group of scammers was just that, a criminal gang. In the case of Doge the group of scammers was just a bunch of marketing retards...

Nevertheless, Bitcoin (no, not "cryptocurrencies", there is not nor can ever be such a thing as "cryptocurrencies") has put an end to all that. So it dun work no more.

Does that answer your question ?

His opinion of the merits of consensus voting:

Quote from: http://trilema.com/2014/spamming-reddit-an-experiment/

The point remains that there exist customers whose custom no one wants. They will gather together somewhere, like all mammals ever do. Just by the simple fact of aggregation they do not achieve notability, nor is the headcount a valid reason to consider any position. Democracy, much like socialism, much like any other utopia, makes for excellent books and movies about history, but for appalling actual history and even worse living conditions. Let's just consider it buried alongside communism and move on.

...

I hope you get it, but in the end it makes absolutely no difference whether you get it or don't. The world is changing regardless.

Quote from: http://trilema.com/2016/to-the-dao-and-the-ethereum-community-fuck-you/#comment-117665

A side dish of the fallout from the Fetlife drama is probably also indicated, at the very least the part that goes

Quote from: http://trilema.com/2015/on-how-i-ended-up-suing-phoenix-nap-llc-on-how-ira-r-cadwells-mom-stephanies-going-to-lose-her-chula-vista-home-on-how-marcus-bohn-is-going-to-catch-a-lot-of-shit-for-that-on-assorted-othe/

IV. Frantic activity is not much of a cover-up for impotence. The true driver of all this "we protest Trilema for making a fool of Fetlife" is exactly the same mental process that drives "Dancing Man", and "kickstarter successes" where some randomly selected derp gets paid a chunk of change for inventing a can of Pepsi or whatever : the derps wish to convince the world, and in convincing the world convince themselves that their appreciation is valuable, and their displeasure dangerous. Because if it were the case that indeed their upvote was worth something, and their downvote had some sort of impact, then they themselves could be said to have value. Some, perhaps not much, but some. Some! Which some is a whole heck of a lot better than none whatsoever, which just so happens to be the case.

TD;LR: You're nothing to nobody. Get your head out of your ass.

He explains that the individualized perspective Web-of-Trust is the proper alternative to consensus, which is also my design for a decentralized social network and the correct design for a DAO-like disruption of consensus organizations:

Quote from: http://trilema.com/2014/what-the-wot-is-for-how-it-works-and-how-to-use-it/

II. The WoT works by reducing the unknowns problem.i It allows the user - any user - to confidently identify the sources of information, both in the negative and in the positive. That is to say, if sources of information exist, the user may by the WoT find them, and safely assume that should no sources of information be thus found, no sources of information in fact exist. It further allows the user to judge the quality, reliability and precision of said sources, and this independent both of the direct source and of the counterparty he's examining.

His opinion on whether Ethereum will survive his "attack" (and remember he also did the Mt.Gox attack):

Quote from: http://trilema.com/2016/to-the-dao-and-the-ethereum-community-fuck-you/#comment-117619

Quote from: TheCon

The whole of ETH and DAO was a con to start with. Bunch of rich btc invectors wanted a new play toy. Don't worry folks the price will shoot back up because no one cares if there is security risks or a Ponzi that will never be used by ordinary citizens

DAO is a casino that just got robbed buy like all casinos they never fall because of human greed.

That [bolded] part is right.