Bitcoin Forum

https://www.reddit.com/r/ethtrader/comments/4ot3vi/warning_another_successful_attack_recursive_split/

I don't think that any similar contracts are going to get through - understandably. Although they are relying on the dude with the original contracts to remain with the cease of activities.

Still, very strange that the DAO price is on a bull atm.

I stand corrected.

Good ..keep 'em comin' fast & hard guys !

Just saw this. TheDAO is like a piece of Swiss cheese lol  :P

Well if there was any life left in it, It's gone now.  ;)

I wonder why it took so long for others to try this out. I expected copycats mere hours after the hack got public attention.

And why didn't someone from the DAO use it to save as many ETH as possible? Ok, this might actually be a stupid question, because this person would act without consensus and would make themself responsible for the ETH obtained that way and it's fair distribution afterwards. But still, it looks like a way to prevent others from taking even more ETH, doesn't it?

Honestly, the DAO has lost all its credibility in the market.
The fact occur or not a fork, just will approach this coin appearance of a Swiss cheese, full of holes, flaws.  :-\

I agree with you. I do not understand other decent coders do not do that to save the DAO and the Ethereum.

You have to be kidding me. I mean, intellectually I know the hole in the code still exists, but really? This happened twice? And might be happening all the way to this fork business? 

This DAO thing to s going to be an expensive mistake. We will see if eth can decouple from this DAO madness eventually, the trust us shot to shit :(

The ONLY way that ETH can survive this clusterfuck is if Vitalik Buterin stops acting like a central banker and starts letting things fall. Dao fucked up? Let it fall and deal with the losses, stop trying to change things now.

Honestly, things are locking BAD in altcoin camp.

yeah but it does not seem that it had such a huge impact this time to be honest, i think that it wont have any bigger impact because people are already used to it and they said there will be no money lost to thief

i think there might be more of such stuff if they will not do something about it, to be honest people dont dump it right now because they expect that everything will be solved and it will go up again

Yes, time to let it fail.  If they try to prevent it they are impeding decentralization.  Things are definitely interesting right now, seems like we can expect more drama in alts.  I think it is a good thing, means that someone knows that the crypto community is on to something when it comes to the future of money and data.

Gross Incompetence

https://i.imgur.com/fYIegy9.jpg

Gross Incompetence ?

Is that what it's called when you say you were hacked..
Then..
Have your lawyer announce later publicly you found
a few hundred thousand bitcoin in your "couch" on a USB drive ?

Think about the plausibility of that scenario for a minute LOL

We done playin' dumb yet boys ?

I'm curious..
When do you all act like adults ?
When do you drop the turning a blind eye routine (so you too can profit) ?

 :o

And it's only going to get worse from here on in.

Its not just the DAO, but Ethereum in general.

http://vessenes.com/ethereum-contracts-are-going-to-be-candy-for-hackers/

http://hackingdistributed.com/2016/06/16/scanning-live-ethereum-contracts-for-bugs/

I think this would be the best strategy for ETH moving forward.  :P :D 8)

~~

lol. Spam that shit so the hackers have a harder time taking your eth.
lol. clustrfuck dao is in deep doodoo

There are no easy choices for ETH, but I agree Vitalik Buterin trying to control the ETH blockchain is the worst choice possible. If they do it once they can do it again. The DAO should be left to fail instead of tampering with the original blockchain and social contract.

Vitalk Vuterin does not control the Etheruem. He can propose whatever he wants, the community makes the final decision.

So now we need softfork of ETH for every hacking attempt using same splitting bug in DAO ? This will be so much messed up if this type of attack continue in comming days by new or old attackers.

RIP

~BCX~


https://i.imgflip.com/163k6o.jpg

Gentlemen.
https://s33.postimg.org/wphzy4usf/froz_l.pnghttp://s33.postimg.org/q3q5uk8gv/Capture.jpghttps://s33.postimg.org/5l5sfkbmn/froz_r.png
http://coinmarketcap.com/assets/the-dao/

It is going up I guess because people think ETH will be forked.

They don't seem to understand that after the fork the value of ETH will go down to 0

That is my concern as well. But so far, there is good community support of the Ethereum. It might come back again.

Impressive story :O
But ETH price seems to be stable in the last days, probably DAO is not a problem anymore?

There will be a soft fork to freeze the 3.6 million coins. There could be a hard fork to return the 3.6 million coins.

There will not be soft fork due to certain attack vectors. So there will be a hard fork directly. the community is discussing that.

You mean the YES men are "discussing" it..
Dissent or criticism is not allowed with VB's centralized ICO token scheme for profit.
I know i was banned for no reason randomly after being idle for a couple hours on their Freenode channel.
And all i ever did was criticize the coin fairly.
I knew what channel i was on and was *trying* to not get banned but they just went and did it anyway when i was not looking.
PURE COWARDICE

Fork ?

Who give a fuck it's dead scammy ICO "fuel token"  ::)

I am here for CURRENCIES not coin schemes for profit.  >:(
Fuck that retarded scammy ICO block-chain retarded gay garbage !

But ignore my "FUD" and carry on *using* your DAPPS.. you all love so much you pushed to $20 each.

Sorry I'm not sure about these things so I will just ask. Why has there been so many attacks and DDOS going around recently ? Is it competitors or someone someone pissed off ?

They could be the bitcoin shills or the group of people related to the hackers. Anyway, the hard fork is a success.

How the fuck ppl still trading such coin when proven failure?!?! WOW.

As usual whale bots manipulation win just to attracting btc traders!!

I do not see any future for ethereum if the events like that continued to happen with bitcoin ,it will dump bitcoin to death and will be no more there, I think now its holders should have to sell their ethereum.

There are two versions of the Ethereum now, the ETH and ETC. Which Ethereum do you think should sell?

I think the ETC should be sold for the ETH as many developers and companies have showed support for ETH.

That could be the right action to take. But it is better to wait until end of August and find out how the DAO hacker will do with his ETC.

The DAO hacker can access his ETC on 2 September. But it might take some time for him to move the coins to exchanges.

We have seen that the biggest exchanges for ETC and ETH have frozen funds of the white hat hackers to stop their plan to dump their coins. So I think they will do the same once the ETC of the DAO attacker moves in Poloniex and Kraken too. They will not allow to be used by the attacker as a playground for their bad motives. I do not know what the smaller exchanges will do.

That would be good. But for the DAO hacker, he can just do it off change or mix the coins. Is there a way to prevent that?

That could happen. But I do not hear about the existence of the Etheruem mixing service. There could be one soon.

Currently there are all btc mixing service, not eth or ltc mixers. When eth trading volume last more than 1 year, there will be a mixer service there.

Haven't searched about ethereum mixer but found out this https://ethermixer.com/
I don't know is this trusted or not and also haven't tried. But there seem already ethereum mixer service available if they also allows ETC mixing than hacker may find a way to mix.

Wow, first time to see this eth mixer. I just wonder how ETH hacker mixed his 3M ETC. Maybe the exchange is watching his address. I am not sure has he dumped his 3M ETC or not.

I think the hacker is dump ETC price because the rate is down too deep and now reach 0.0029. I don't know how long its down and many of traders is stuck on high rate when they buy.

Like they say, all news is good news! ROFL
ETH AND ETC will skyrocket in price after this

The hacker might have already dump all his ETC by shorting in several exchanges. He can buy back the shorts when he announce that he will sell his ETC and crash the price.

So that means even if the hacker does not do any thing to the ETC which was hacked, he is already millionaire.