Bitcoin Forum

Seems the Bancor ICO has crashed the main MEW node so you cannot access the MyEtherWallet and send Eth to buy into the ICO

the way round it , supposedly, was to click on top right corner in MEW and change the node

 but having done that and getting a MEW message to say I successfully sent using the etherscan.io node , I cannot find my tx anywhere, it appeared to send successfully, but has yet to show up anywhere is not even pending on etherscan.io
not going to risk sending again in case something is wrong out there.

Bancor twitter says the ICO has been deliberately attacked.

will be interesting to see what comes of this. it's a big balls up all round for people trying to invest.

EDIT:

my pending tx has only just showed up on etherscan.io about 20 minutes later, so was completely missing until now.

also Bancor have announced they are extending the 1 hour guarantee to 3 hours due to the network attack but this has broken contract for people who paid BitcoinSuisseAG good money to guarantee there position in that hour. thats going to be a legal mess they are going to have to deal with when the dust settles.

interesting times.

Yeah, it is quite a mess. People who use MyEtherWallet should use the Etherscan.io node

I wish to add BNT as a custom token at MyEtherWallet in order to view the balance. Which address should be used and how many decimals? Thanks.

You can add BNT using the following details

Address: 0x1F573D6Fb3F13d689FF844B4cE37794d79a7FF1C
Token symbol: BNT
Decimal: 18

Thanks a million. All is good now.  8)

Looks the bancor network gets attakc by the hacker. Their statement is not for the ethereum network but for his own network. That means the problem is on their network. MEW alreaydy run for well now.

I am not too sure. More than one of the MEW nodes were down.

People are crazy. This is more than a bubble. A new definition is required. But also million dollars in crypto market not like that in the real market.

yea its called a 'Law Suit'

there are so many people who will have lost out.  the ICO has now ended according to the Bancor twitter account

and I for one still have my Eth tx listed as pending which means they will reject it I expect.

there are literally hundreds of people posting in anger on twitter at the mess and debarcle, esp since some people paid good money to BitcoinSuisseAG to be in on the 1 hour, which then got suddenly extended to 3 hours on a whim due to 'network attack'. (that old chestnut)

this is a good example of an ICO campaign doing what they want, when they feel like it, and fuck everyone who gets shafted, just give us your money.

I hope that everyone involved who gets shafted, has the sense to gather together and make this a landmark event in terms of the sheer numbers of people that can maybe put pressure on this not happening again and see some kind of recompense other than Bancor cheering and toasting their successful collection of everyones money.

it is basically taking the piss, but then hey,  this is the new Gold Rush, and this is the Wild West.
Expect no law here.

here is what happened on MyEtherWallet during the Bancor ICO (it is a chart for tx's @ MyEtherWallet Twitter post)

https://twitter.com/myetherwallet/status/874295898532069378/photo/1

So this explains why I wasn't able to log in to MyEtherWallet, should I be worried though? Do I need to transfer my funds left on this wallet. Has anyone tried to access them just now?

no, it's not the problem of MEW, it's the problem of Bancor network itself. bancor network crashed during crowd funding. not the MEW.

BIG network problems due to the ICO

That doesn't explain why folks had trouble sending ETH from POLO and other exchanges to MEW.

Yes it does, MEW tx traffic during Bancor ICO was off the chart, see the post above with the chart from the MEW tweet. (EDIT: see this link here https://twitter.com/myetherwallet/status/874295898532069378/photo/1 )

what I want to know is if Bancor extended the 1 hour window to 3 hours, how come my purchase got cancelled during that time, and who do I harrass at Bancor about it.

I think that we gave a "hug of death" to MEW and Etherscan, the nodes couldn't handle so many trx at the same time.

I couldn't use MEW node, tried my transactions 4 times on etherscan, an the 5th with MEW and I was able to confirm it after 2-3hours. I got lucky

My point is that it did affect the ETH network, because ETH transfers that have nothing to do with Bancor, were also negatively affected.

I succeeded to submit my first transaction within the first hour by some miracle. However, it got canceled after 30 minutes or so. This was after I tried several times within a second after the ICO officially started. I reached out to a friend. He advised me to use the Etherscan.io node. I did and the transaction went through smoothly. I then advised folks at the forums to do the same. Nonetheless, safe to say, the ICO was a mess given all the pending transactions (4600+ when I last checked).

I am sure it couldn't hurt to contact Bancor (https://bancor.network/contact), but whether they will be in a position to do something about it is a different story altogether. There are simply too many loose ends.

Yeah, we probably "attacked" the living daylight out of it!  ;D

I am glad you got lucky. I also count myself among the lucky ones. However, I will be brutally honest, it took a lot of patience and swearing to succeed. It was certainly not one of my proudest moments. 8)

Yes, the news is propagating in a different may people scared about whether MEW is not accessible. I think there is no problem with the MEW the problem raised with the Bancor network only.

so meaning the reason why im not able to see my balance in mew yesterday beacause of too much investment entering in bancor.  ???

It was not a complete failure of the MEW network or that Bancor's network crashed. Parts of the ETH network were affected by the out of action nodes at MEW - probably due to attacks or simply too high transaction volumes. However, not all nodes at MEW were affected. Bancor related transactions via the Etherscan.io node went through smoothly via MEW.

Did you add BNT as a custom token? If you did and didn't see any balance (assuming there is supposed to be a balance), it is because the node(s) you used at MEW to access the ETH network were down or out of action at the time.

I feel lucky I gave it up at the last minute. Bancor does not seems to be a profitable project, better to hold my ETH.

no I didnt add it because my tx got cancelled.

at first I couldnt get a response on the MEW node so changed the node to etherscan.io at the 1 hour marker
that went through but disappeared then showed up about 10 minutes later as pending
by about the 2 hour marker it just cancelled the tx and the eth was returned to my MEW,
now the tx says it doesnt exist
though my MEW says it was a failed tx to the Bancorcrowdsale and the reason given in tx is "cancelled"

It seems that the  main MEW node need more improvement to hold large transactions in a short time. Maybe it is a not a bad thing for technology improvement.

crazy ICO market! I think the bubble will be break recently
Bancor 's market value is so big
Are those guys join the coin want get 10x profit?

In other words, beyond the gas spent, you're still sitting with most of your ETH.  8)

I am not sure whether that was a good idea since the project has amazed a record collection for their ICO and it ended in three hours or so,really waiting to see what their price would be since there are many investors in the project,i am able to use MEW ,i am not sure what happened earlier.

Price will surely decrease at a time. Why ? Overvalued ICO and if at least people were making use of the smart tokens that will have stabilized the market. But as i see it only pumps and dumps along hypes and fomo on exchange release

I'm sure the price will decrease. The bubble grew too big and it has to explode soon

It was truly embarrassing. My first transaction didn't even go through, and my second went through after about 2 hours of being "pending"! I wasn't even using MEW node (at least it gave me errors)!

The team took advantage well though, as they extended the minimum fundraiser time from 1 to 3 hours, and made millions more.

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The team buys back the tokens at ICO price, so we shouldn't expect it to be under ICO price.