Ethereum Civil War, ICO Fail Rate, Bank of AmericasteemCreated with Sketch.

in #ethereum7 years ago

Good Morning Crypto! Today we are discussing Ethereum Civil War, Most ICOs Failed, Bank of America. Hope you enjoy guys! Get your coffee and breakfast ready.


ETHEREUM WAR:
https://www.coindesk.com/high-stakes-ethereums-fight-lost-funds-explained/
https://github.com/ethereum/EIPs/pull/894
https://github.com/ethereum/EIPs/pull/867
https://www.coindesk.com/ethereum-governance-not-bad-says-buterin-amid-fund-debate/

BANK OF AMERICA:
https://www.ccn.com/bank-of-america-admits-cryptocurrencies-are-a-threat-to-its-business-model/

ICOs FAIL:
https://news.bitcoin.com/46-last-years-icos-failed-already/
https://www.tokendata.io/#

https://news.bitcoin.com/bitcoin-hardware-manufacturer-bitmain-made-a-profit-of-up-to-4-billion-last-year/

https://www.tokendata.io/

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Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins.

Ivan on Tech by Ivan Liljeqvist

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Wow almost 50% of the ICOs have failed already. I think most of the ICOs will fail just because ethereum isn't ready to run full businesses yet. We need scale-able cheap and fast processing coin. NEO seems to be a better candidate for it compared to ETH.

The prospect of being able to stop thefts by being able to roll back the ledger may sound like a positive move but I think that it is open to all kinds of abuse and is very difficult to implement technically. I think that improving governance by improving for example better password recovery is a higher priority.

Hey @ivanli. So enlightening to listen to you sir. Thanks for giving us such useful information.

Etherium war? or civil war? whatever it is said call it a crypto war

wouldn't crypto war imply action between differing cryptos? Civil war is more appropriate since it's ETH against ETH, no?

yeah maybe you have a point.

like to read your post always @ivanli

@ivanli Another great video by ivanli, im trying to just stick to btc at the moment. I never do a Ico thats just asking for trouble, I like to keep my money and all banks are a ripoff I never liked any bank, what is the point of a bank anyways just save your own money you dont need them to do it for you. Lets go crypto!!

So you would keep a million dollars cash in your home instead of in a bank? I'm pretty sure a bank can do a better job of protecting that for you. To say banks are 100% bad is a foolish comment.

Yes I would keep 1 million in cash in my home why because a bank has 1 security guard with one hand gun I have me and my family and a lot of assault rifles and handguns. So I think I'll do a better job of keeping it safe. Banks are only there to keep you in debt and use your money thats it.

Do you have a vault? Can your family handle 12 armed intruders?

I have a nice vault, and my family are Marines by the way. Can a bank stop 12 armed intruders with 1 security quard that has no real training. My body works for Dunbar and he even said the guards are a waste.

A bank doesn't have to stop 12 armed intruders. They just let them have the money and insurance covers the loss. Your money is still there.
12 armed intruders come into your home, you may save your money, but you or your family are also likely to get killed.

Thats fine I'll die for my money instead of the bank using it and giving me 1%a year back in interest. I live in the hood I'm not scared been here my whole life. True story I had a savings account with a few thousand in it in a bank called irwin bank and lost it all the failed bankruptcy close up shop and left town and I never got my money back that was 12 years ago so wheres my money they owe me I been fighting it for years now.

If you die for your money, then you can't spend it.

XRP, Ripple’s cryptocurrency, has just enjoyed a ‘quarter for the ages’ which saw its value shoot up from the price of $0.20 at the beginning of December 2017 to a high of $2.19 in this year...

Thanks for the update Ivan.

amazing post sir... 😍you teach me lot.... 😊thanks sharing...👍

As always waiting for your crypto lessons .I have learn a lot from your crypto Analysis...Ethereum has been in news. Better Blockchain after all...thanx for the exciting lesson again ..people from india too :) . Yaya green progress:)