Cryptocurrency

[AtW]

It's artificial manipulation of the economy...some would say it is/should be illegal

Maybe it should be illegal, but what's your gain if you change current Central Bank system to tulipcoins run by God knows who in China who can manipulate the system far more than Central Banks can, more importantly Central Banks are still more or less accountable to the people, where as many controlling "miners" are not even known.

It's completely retarded to swap one imperfect system for something much much worse. The fact is that most people like tulipcoins because they go up in "value", that's it.

[FrontEnder]

Maybe it should be illegal, but what's your gain if you change current Central Bank system to tulipcoins run by God knows who in China who can manipulate the system far more than Central Banks can, more importantly Central Banks are still more or less accountable to the people, where as many controlling "miners" are not even known.

It's completely retarded to swap one imperfect system for something much much worse. The fact is that most people like tulipcoins because they go up in "value", that's it.

Miners can't manipulate the system.

[SunnyInHades]

Sell off in the market and they are trying to slow it down artificially?

Looks like 'CryptoKitties' ("Collect and breed digital cats") is to blame in a large part for the Ethereum problems!

"CryptoKitties is one of the world’s first games to be built on blockchain technology. You can buy, sell, or trade your CryptoKitty like it was a traditional collectible, secure in the knowledge that blockchain will track ownership securely."

"CryptoKitties — a sort of online Tamagotchi breeding game built on top of Ethereum, is now the most used contract on the Ethereum network, making up about 12 percent of the network’s transactions and climbing. And now, its popularity is clogging up the network."

"CryptoKitties Mania Overwhelms Ethereum Network's Processing"



https://www.cryptokitties.co/

This could be huge for Ethereum due to 'pester power' ! Mummy, I want to play CryptoKitties!!

[VirtualMonkey]

Maybe it should be illegal, but what's your gain if you change current Central Bank system to tulipcoins run by God knows who in China who can manipulate the system far more than Central Banks can, more importantly Central Banks are still more or less accountable to the people, where as many controlling "miners" are not even known.

It's completely retarded to swap one imperfect system for something much much worse. The fact is that most people like tulipcoins because they go up in "value", that's it.

And bitcoin isn't replacing the banking systems (central or otherwise).

[AtW]

Miners can't manipulate the system.

Oh really?

"He who controls the spice controls the universe"

[AtW]

Looks like 'CryptoKitties' ("Collect and breed digital cats") is to blame in a large part for the Ethereum problems!

Awww, that's ok then!

[BrilloPad]

Oh really?

"He who controls the spice controls the universe"

Wasn't it the first Baron Rothschild who said "let me control the money supply and I care not who runs the country"?

[BrilloPad]

Awww, that's ok then!

Its the only way you will ever get any pussy....

[FrontEnder]

Oh really?

"He who controls the spice controls the universe"

Just showing your lack of understanding. You're like the old man in the corner shouting about these new fangled computer things taking people jobs.

[AtW]

Wasn't it the first Baron Harkonnen who said "let me control the spice and I care not who runs the universe"?

FTFY