about an alt: people are finally waking up to a basic betrayal of trust...
https://www.trustnodes.com/2019/12/27/the-mystery-of-12-million-ethYet so much remains unknown. Was there a contract? Between who? What were the terms? What were the conditions? Has this contract been breached?
By the letter of it, perhaps not, but in the court of public opinion it certainly has been breached, for that payment was based on the promise of a completed roadmap to Serenity, a promise implicitly or explicitly made by all of them.
They got so much, and instead of exercising their knowledge, even their talent, and perhaps more importantly instead of educating the new generation to pass on skills, they spoil themselves.
what a clusterf--k, but with us pushing 70% in dominance, would not add much.
I agree that the whole ethereum situation is a mess, and we can even argue that some of the price performance matters of ethereum have become more related to bitcoin because they have recently been trying to take over some of the "sound money" talking points. The ethereum pumpeners don't know what the fuck they should be marketing because they don't even know what ethereum is.
Shenanigans or not? Trust should be lost in ethereum or not?
Should founders have obligations to stay invested in Ethereum? Good for some BIG money(ies) to be cashing out of ethereum right before supposed transition from ETH 1.0 to ETH 2.0... . that is likely going to be a BIG ASS clusterfuck, also?
In the last month, Ethereum has held its price fairly well. As I type and take a snapshot at the Ethereum price on the month and compare Ethereum to Bitcoin, ETH has only gone down about 17.5% and bitcoin has gone down about 4%.
That is not a BIG difference, so far. We could play around with some other timelines, too in order to make comparisons and try to figure out whether ETH is a better value right now, or is it going to just continue to go down, relative to bitcoin? How about relative to the dollar? ETH should be able to beat that, no? I did a quick look (for ETH relative to the dollar), and there seem to be a lot of troubles there, too.. no matter what timeline, shorter than a few years.
Of course, many of us who are active in this thread have continuously asserted our thoughts that ETH was overvalued, no matter what price, but there were times in which we would have been wrong quite a bit about that, too.
Even with these further dips of ETH's price, these might not be good times for ETH into the near future, either, and who should be kicking a pump and dump coin when it seems to be down? But what to do? What to do? I am thinking that some of the ethereum pumpeners deserve a decent amount of kicking, even if they are down, especially when ethereum is frequently trying to tout itself as like bitcoin or better than bitcoin, even in recent times.. but still there are problems with transparency and these silly-ass pre-mine situations and seeming cashing out of ETH holders that are described in the above linked article seem to be ETH shenanigans that are related to the funds of the founders...and surely the purported flippening is going to be delayed, right?