Post
Topic
Board Altcoin Discussion
Re: ETH = Game Over
by
BitUsher
on 26/07/2016, 20:08:16 UTC
Lol it's escalating quickly.

I think purism is the way to go, all these "ideas" are like dropping a drop of ink into water, it taints the entire water.

You cant be an idealist optimist but also ignore every single major issue.

This is the problem with ICO's and Founding Entities that aren't anonymous. We saw it with Ripple, Paycoin, ect.. and now we are seeing it with Ethereum.... They are vulnerable to civil and criminal litigation unlike with bitcoin or similar coins that don't have these characteristics.

The price hasn't even fallen that much and lawsuits are already being created. Imagine what will happen as it drops further?

Law suit could also be created against ETC in the future if the Foundation is supported by certain funding.

Sure, and if satoshi came out public and took an active role in development and sold bitcoin 2.0 as a premined ICO than he would open himself up to litigation,  whats your point?

I am merely discussing the security weaknesses when people sell premined ICO securities in a public manner. If you want the cash up front , fame and glory there will be consequences for the founders , and the community as a whole.

Does this mean Ethereum will die? ... absolutely not , people are still trading the scam and shit-token paycoin to this day! All this means the drama will escalate and the ethereum community will suffer because of poor decisions from the foundation and its users.