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Topic	Ethereum hits record high at $420
DemonsHoles 11/25/17 4:03:50 PM #34:	Ethereum Foundation (EF) sell premade Eth coins in ICO for profit advertising "unstoppable .. exactly as programmed" code. Slock.it developers including eth co-founder create an app called DAO on it for the purposes of funding themselves even more with claims that their "code sets the terms and conditions" like no one has done before them for even more money. DAO code has a mistake and starts giving away money to a user, few in community are divided whether to bailout DAO investors, many unofficial polls show conflicting results with extremely low participation making it unclear whether the super majority is even aware or cares about this 3rd party issue. EF members refuse to disclose if they are invested in the DAO after promoting it, and many are later found to have been invested in it. EF tells exchanges there will not be a minority chain surviving, ignoring the divided community, and making it impossible to sell no-bailout version EF makes the carbonvote the "official" vote 12 hours before the release of the client--after repeatedly claiming for weeks it had no official capacity, and after already having made support for the fork the default option in the codebase. The vote only shows 4% of possible consensus supporting bailout, 1/4 of it from one vote. Most automated nodes and miners that run "apt-get upgrade && apt-get update" switch over even if haven't seen the announcement 12 hours prior and fork is declared a success. No-bailout chain survives regardless despite Foundation's efforts, but Ethereum Foundation refuses to update it even if it increases in popularity or size. Ethereum projects are forced to choose between developed chain with ICO funding, bailout, roadmap and one with no funding, no clear devs, no roadmap. Most are forced to stay with Ethereum Foundation holding ICO funding & updates hostage. EF sells the money from premine on the no-bailout chain damaging its value EF members participate in White Hat Group (WHG), use same method used to drain DAO to drain no-bailout chain DAO and then market sell no bail-out ether on the exchanges damaging no-bailout chain value further EF changed the properties of the security it sold and still falsely advertises "unstoppable .. exactly as written" code (despite proving it false) while profiting from all of it. Almost all the above actions are fraud. If you already have money into it I think you will be fine as you got in early but I would be very very leery of adding any more to it at this point --- http://i.imgur.com/KomBf9h.jpg http://i.imgur.com/J07Tl9L.jpg <cite>DemonsHoles posted [p:891040709] in Ethereum h... [t:76023370]...</cite> <quote>Ethereum Foundation (EF) sell premade Eth coins in ICO for profit advertising "unstoppable .. exactly as programmed" code. Slock.it developers including eth co-founder create an app called DAO on it for the purposes of funding themselves even more with claims that their "code sets the terms and conditions" like no one has done before them for even more money. DAO code has a mistake and starts giving away money to a user, few in community are divided whether to bailout DAO investors, many unofficial polls show conflicting results with extremely low participation making it unclear whether the super majority is even aware or cares about this 3rd party issue. EF members refuse to disclose if they are invested in the DAO after promoting it, and many are later found to have been invested in it. EF tells exchanges there will not be a minority chain surviving, ignoring the divided community, and making it impossible to sell no-bailout version EF makes the carbonvote the "official" vote 12 hours before the release of the client--after repeatedly claiming for weeks it had no official capacity, and after already having made support for the fork the default option in the codebase. The vote only shows 4% of possible consensus supporting bailout, 1/4 of it from one vote. Most automated nodes and miners that run "apt-get upgrade && apt-get update" switch over even if haven't seen the announcement 12 hours prior and fork is declared a success. No-bailout chain survives regardless despite Foundation's efforts, but Ethereum Foundation refuses to update it even if it increases in popularity or size. Ethereum projects are forced to choose between developed chain with ICO funding, bailout, roadmap and one with no funding, no clear devs, no roadmap. Most are forced to stay with Ethereum Foundation holding ICO funding & updates hostage. EF sells the money from premine on the no-bailout chain damaging its value EF members participate in White Hat Group (WHG), use same method used to drain DAO to drain no-bailout chain DAO and then market sell no bail-out ether on the exchanges damaging no-bailout chain value further EF changed the properties of the security it sold and still falsely advertises "unstoppable .. exactly as written" code (despite proving it false) while profiting from all of it. Almost all the above actions are fraud. If you already have money into it I think you will be fine as you got in early but I would be very very leery of adding any more to it at this point --- http://i.imgur.com/KomBf9h.jpg http://i.imgur.com/J07Tl9L.jpg</quote> ... Copied to Clipboard!
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