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I'm the only one who think that the dato was only a scam  Simon Jentzsch,Christoph Jentzsch and Stephan Tual  should be arrested and their good confiscated and used to pay back users. They earned a lot selling the dao tokens.
Now I think they should be the only responsable for this theft.

what are the differences between slock.it and all others ponziscam we know so well?

I do hope somebody can bring these guys to court. Or at least do a proper investigation.

I think we just can wait and see the proccess of the law if there are people who report them to police or something Dev of judge.

That could be very interesting. If somebody report to the FBI or a local police station about the theft, how will they respond?

They will laugh.

Then open an investigation.

Then shitcan it because dao/eth doesnt pay them shit all.

you mean BKA ?

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Anyone who bought DAO probably paid a Nigerian Prince his loan LOL

Stupid Gullible Greedy Investards.. never learn !

Did you short DAO to make some money in the mean time?

Thanks for making my day is the midst of this blood bath across crypto

How much did they earn from selling the DAO? Did they earn commission or fee by selling more DAO to investors?

Well i think its impossible to find those scammers.. and its hard to investigate it if it is already their plan..
So better to don't expect for dao devs will be in the jail..

DAO team may not be scammer but they seem really noob when hacker exploited their network with already marked spliting bug. They just enjoyed dreaming whaat to do with all those millions of eth forgetting fixing bugs and taking this seriously. I will say DAO team greedy and noob in terms of security rather than scammer.

The attackers of the DAO has exposed himself. So he might in jail soon if he is sued by public prosecutors.

From what i have read, there was no hack and its even possible that what they did is legal as Code = Law

You are certainly not the only one thinking that (not saying I agree or that I don't).

The questions further continue to mount given that all of the leadership of Ethereum, The DAO, and slock.it are widely suspected to be heavily invested in The DAO so they are making decisions and pushing things, like forks that freeze and seize coins, that may well affect their own wallets in a very big and apparently undisclosed way.

This coming after Vitalik dumped 25% of his coins and told the public only after the fact. (Interesting question: who else knew before or during his dumping?)

Either way, the lights finally flipped on in the Ethereum ecosystem and the cockroaches are scurrying.

 

Honestly after reading about the amount the hacker stole I thought it would be something really complicated, but a vulnerability like that makes me believe there is a high chance that it was a scam, or it could be someone within the DAO team. 

Do you believe the hole was created deliberately? That is very concerning.

Do we know who is behind the attack?

This was shit scam garbage and hack perfect for them and also for those who planned shorts on ETH. SO OBVIOUS.

Stick with legit coin and exchange!! WTH people!!!

if people really cared about backing legit projects Gulden would be top 10. Lets be honest with ourselves that greed > then anything else in crypto and these people behind them know it and will catch people every time.

The DAO was a concept and an experiment in new ways to look at an organization/corporation.  It was not meant to be a pump and dump for traders.  Would be investors were warned of this.  99% of the current global business world does not want this concept to succeed therefore it was "attacked".

A highly-skilled, planned, co-ordinated scam from everyone's pals in the Ethereum team.  The whole scenario is so blatantly obvious, and everyone eats it all up while continuing to throw money at Vitalik and his gang of eastern-european fraudsters  :)

I do not think so. The Ethereum is in continuous development. It also follows the advice from the community.

Exactly! While we can never know for sure, I find it odd that such a serious exploit was found but never fixed, and subsequently abused. It's a red herring. See, we knew about this problem but we didn't think it was serious... Is a no brainier that if they were aware of this vulnerability, there was too much risk to move forward until it was fixed.

I hope the Ethereum developers can learn from this lesson and develop more robust programs in the future.

The core Ethereum team could not release anything better than a command prompt.   ::)

 Ethereum is only as strong as its' secondary developers, caught up in the Ethereum-scam media hype and excitement, who contributed countless unpaid hours to make it what is today.  Ethereum was truly a "CryptoForNoobs" Doge V2 but more aimed at developers.  Hopefully those developers regret their time in Ethereum and will move onto more authentic projects.  :)   Lots of people have already left Ethereum after launch.

A Chinese company called WanXiang Group invested 0.5 million dollars in to Ethereum late last year, it might still make some profit out of its investment.

The price they bought with the Ethereum is about $1.2 each. But that funds is mainly used to support the development.

What a crap, dao has been collapsed, but now price go up. Its amazing bull shit

dao will be converted in ETH, since the price of ETH was going up, people are thinking it's a good idea to buy some DAO to get cheap ETH and if people are buying, then the price tends to go up.
i think this is going to end bad....... eth is probably going down.

I don't think it was a scam to begin with... however, it exploit was just right for that to happen. Of course that if there's an exploit there will always someone taking advantage of it!

If they are the owners of DAO, and they got money for that DAO, and after it failed then I think they should have to take the responsibility of the lose and have to pay back the users their money, it is the justice in that case.

I'm still on the fence on if it was an inside job. I think someone inside told someone outside about the vulnerability, and is expecting a cut of that short. But the level of technical sophistication is amazing, it is almost as if someone where sitting on this, waiting to exploit it. Too major to be a passive discovery.

The vulnability was known before the hack. There was discussion in some forums. The developers thought it was not a big problem.

Possible insider suggests Ethereum foundation is a mess , and EThereum is doomed-

https://www.cryptocoinsnews.com/source-ethereum-insiders-believe-dao-hack-inside-job/

This is the picture I am seeing as well. From the start, their project was far too ambitious, creating an attack surface far too large to go uncompromised. Unfortunately this article doesn't tell us any real facts, but if I were part of the ETH foundation, I would be very worried about my legal liabilities.

People are buying with Ethereum, both ETC and ETH using the bitcoin. The volume is high. Why doomed?

I think the Ethereum will survive. It might survive in two forms, the ETH or ETC, or only one of the two.

after that 4 pages audit before the release and that "white hat attack", i'm pretty sure it was a scam... the dao hacker was an insider... and vitalik was probably working with them.

DAO was promising project but it failed because of security hole. Life sucks sometimes.

I don't think that it was an intended scam from the beginning, but more something akin of this:

https://www.youtube.com/watch?v=K1kuy2yIRdc

In still not completely convinced this wasn't intentional, but so far they have played the inadvertent aspect to great effect

I can go with the idea that it *became* a scam at a certain point, when the over-ambitious authors of it realized that this thing grew totally over their heads and didn't know how to get out of it.  But I do think they were honest at the beginning at least, with truckloads of hubris and ego-inflation.

Do you think the ETC is more scam than the ETH? It seems that could be a big pump and dump scam.

ETC is not a scam. ETC is the real ETH and ETH right now is the HF'd coin which by all measurements or metrics whatever you call it is not a crypto anymore. Do you know what message was in the Bitcoin genesis? Something about the '09 bailout of banks, this HF was a bailout of investors who played the markets like anybody else does. Just frigging ridiculous and you dare say ETC is a scam? ETC is the real deal and ETH is a frigging joke man. I am not gonna say ETH is a scam because people have destroyed that word but it is a joke and a disgrace to crypto.

The Bitcoin has hard forked, so is the Monero. Does it mean they are scams. The ETC has hard forked before.

The ETC will have to hard fork as well. There is exponential increase of difficulty in the PoW miing.

There might be a chance that somebody does not want to hard fork, so there will be two chains of ETC.

It was set up illegally from the get go. I think they've broken at least a dozen securities laws for example. And how the hell were you supposed to your taxes on something like that? I was pretty surprised to see such a large portion of the community invest in this. Basically everyone in it would be doing something illegal at some point. Blows my mind..

And well if somebody should go to jail at some point it's definitely Stephan. He's a very good marketer because he doesn't care what he say is true or not as long as he believes it himself then that's ok and legal for some reason. I like the guys charisma but damn that is fraudulent.

That is right. There will be many forks of the ETC and many people will own many kinds of ETC in the future.

So the current ETC holders will be rich in the future. But the combined values of the various ETC could be lower.

The ETC price is about 0.1 of the ETH price now. A few weeks ago, the price of 0.3 of ETH. So the ETC price has dropped.