Know it's still very soon, but can't wait for all this bitfinex business to price out. The halving seemed to usher in so much craziness; the DAO, hashocean and some very large scale intrusions. There is a lot going on at the moment, and I think confidence might be shaken a bit. But it's not the end, it just needs time. This is the most volatility I've seen in btc for some time, but I'm not always paying attention.
|
|
|
I don't think so if they wanna call the police and the police will wanna to take care of their cases. because like the DAO there is a petition for FBI to take care of the DAO cases and until this time, the result is negative. I would think they would be increasingly legally liable/complicit if they didn't report this, given the sheer magnitude of the funds stolen here.. Beyond the shadow of a doubt this has been reported, or surely the citizens have swarmed local law enforcement with individual complaints. There is simply too many people and too much money involved in this for the cops not to bite.
|
|
|
I think we are missing the big picture.
Why can't some meta ETH organization acquire/manage both chains? This is exactly the way a corporation would handle it. Some customers want an immutable chain, fine, you sell that solution. Some customers want the turing complete more hassle functionality. Fine you offer that. One organization dev'ing both chains would make sense. In some ways the ETH chain would be then the developmental chain for the immutable ETC chain.
This is the reality of the situation. They are both here at this point, better to accomdate both than to.try to poloraze folks. Plenty of miners for both chains, and the price will be more volatile if there are two of these coins to play off of. They serve entirely different markets, these coins are there own individual beasts at this point.
|
|
|
nope. even if the attacker was stupid enough to dump all at once, and as far as I know there has never been a case of that in market history ever, the price would collapse and the shit would be bought out of it.
a few days later it would be on the rise as the only boogeyman people have to throw around is gone. etc's real future issue is if anyone's going to develop on it. the euphoria's gonna fade at some point.
Exactly. No major theft has every been followed by a dump; it's kind of dumb becuase dumping means gettngnless than what you could have gotten, had you simply been patient. Smart money would put stoken money in sell orders x percent above market, slowly but surely. Hell, it was free, what's the rush?
|
|
|
Ethereum could be a good coin to buy. You have the choice of buying the ETH or the ETC. Both are good.
When it comes to the price, yeah ETC and ETH are the ones that is best to buy, as you can gain profit from it. But, I think it is not best to long trade because we are not assured if the glitch was completely fixed with the Hard Fork. I think DRACO or CJ is best because the developers are currently responding to those queries and they are constantly updating how the project is going. I think that is a good indication that the coin will last and is safe to Hold for a Long trade. For the long term holding or usage, it is better to buy the ETH as it has the support from Vitalik and big community. That support (Vitalik) may turn out to be a liability in the future. If he becomes further vilified in this through yet another twist of this crazy story, ETH might not recover, given the current sentiment about the fork, post fork. Seems to me alot of people wanted a fork, got it, then had an ideological change of heart once they realized they got to have their cake and eat it too.
|
|
|
Because of what happen to Bitfinex only wallet and exchanges are not safe anymore,we should not put all our coins on one wallet alone,we have to follow the advice " don't put all your eggs in one basket"
been thinkin' about that advice three times a days, as a health exercise, since the bfx hack! so many hacks, hfs, thefts & bastard children going around past few weeks it would be super unhealthy not to be paranoid! if i could i'd be hiding most of my btc in Many different baskets, underground, in different continents! I'm thinking all these hacks and fuckups can't be coincidental. It's been shit season for crypto lately, now that we are beyond the Halving. It's like all the hackers, scammers and riffraff were waiting for the price surge to strike. But yeah, exchanges only when you need to speculate; as soon as that position closes, my money is moving back home within the hour. Makes tracking profit and losses a breeze. If you don't have some access to the key, you don't have the coins. We have so long to come security wise before this thing is gonna be viable.
|
|
|
'The criminal's crypto'. I like that, nice ring to it.
Any consideration to the fact that bitcoin took a dramatic L yesterday? I think that might have had a lot to do with the price movement on most coins, but it's just a conjecture.
|
|
|
I logged out to my ethereumwallet.com just now and discovered my funds are gone. they were withdrawn to an address 1 day ago.
How lucky am I.. I don't even know if it's a malware or the website's fault. DAMN.
Shit dude contact support of course, they can look at the account access log to help you sort shit out a bit. Did you access from a secure terminal? I see everyone is mellow today, usually this thread would be ten pages long with 'I told you so eat a dick'
|
|
|
Lol, that was a pretty decent article. I chuckled into my tea multiple.times.
|
|
|
Why hide ones face from something one has invested time and energy into? Either they are afraid if the fruits of their labor, or there is a nothing but poison fruit.
So Bitcoin is poison fruit as well, because Satoshi did not reveal his identity? Did I get you right? Or is this "a different story"? Also, slock.it guys revealed their identity? Did it make things better? Not that well-thought that is, is it? Bitcoin is quite obviously not a scam, and the slock it debacle was a clusterfucks, not a scam. Tell me, what is a good reason to hide ones identy in this case (beiing a developer of an altcoin)? Why would some one do that? And has it ever worked, that is, has an anon dev project come to serious fruition? I'm not knocking the coin, I don't know or really care about it. I'm just saying there is absolutely no good reason for a dev to hide their identity in this space. Point period blank. Why do you seem personally invested in this concept? I seek not to diminish you, yet you react as attacked.
|
|
|
If the devs aren't proud enough of 1000s of hours of work, and hundreds of thousands of lines of code to put their name on it, it probably isn't what it seems/worth it.
1000s of hours have been put in, and all the devs receive is contempt? You are a hero, really In fact, you must be the hero of the heros. Yes, contempt for hiding their identities in a world where you can barely start a business without revealing your whole identity. If being a hero is being a realist, please had me my cape. Why hide ones face from something one has invested time and energy into? Either they are afraid if the fruits of their labor, or there is a nothing but poison fruit.
|
|
|
I disagree. It was certainly bad code. Despite how minute this may seem, given more testing I feel it would have emerged eventually, even in related projects (like it did).
There is no systematic way to verify Turing complete code. In as much as you can verify it, you limit yourself to a subset of the language that is not Turing complete. Moreover, one should verify the byte code, and not the source code, because the VM runs on byte code and one is never totally sure about the compiler. The byte code is the law. Byte code resulting from a Turing complete language can never be exhaustively tested or proved. I get that, in a very 'over my head' type way, but can we not agree this would have simply emerged had they exhaustively used the program (for 5 or 6 months)? Playstation is selling entertainment devices that have more rigorous field testing. This was a financial instrument. If it took years, it should have been trialed until the possibility of something like this happening was very unlikely.
|
|
|
If the devs aren't proud enough of 1000s of hours of work, and hundreds of thousands of lines of code to put their name on it, it probably isn't what it seems/worth it.
|
|
|
I am a newbie, just want an overview of what altcoin is and how can we earn thorugh it?
You serious fam?
|
|
|
There is no Ethereum exodus now, but large entrance of the Ethreum. The trading volume is huge.
I think there is a lot of ETC/ETH trading, because the overall market cap of ETC + ETH is slowly but surely falling. Since the fork, almost 15%. I will say, they seem inversely correlated, like the trading is specifically going on between ETH/ETC. Notice, however, ETC reacted to the btc dip, while ETC didn't. I'm telling you, the ETH guys have battle fatigue from all that DAO/fork nonsense.
|
|
|
never heard of it.... they should open a ANN thread here in bitcointalk. How does one launch an alt without announcing it here first?? I thought the alt section was like rediit for random ass coins.
|
|
|
If you were to calculate your energy use vs your bitcoin yield, you would understand why graphics cards are being suggested. It would be better to use a graphics card; also, with any coin worth mining the difficulty should be increasing on you
|
|
|
'The biggest mistake in the DAO wasn’t bad code but launching when the platform was still too young and the tools still immature. In hidsight it’s easy to point that many things could have been done to limit the size or scope of the project, but the truth is that nobody expected the DAO to become as big as fast as it became. The DAO was Ethereum’s first viral sensation.'
I disagree. It was certainly bad code. Despite how minute this may seem, given more testing I feel it would have emerged eventually, even in related projects (like it did). The bad code was a result of the DAO becoming a 'viral sensation". Seems like the devs got caught up in there own hype, and rushed a 'young' and 'immature' product to market.
|
|
|
I agree that is obviously manipulated, but what crypto isn't? Most of these coins (including Bitcoin) are mostly unregulated. We are still in the wild west days full of pumps and dumps.
Those pumps are now illegal per SEC rules, its considered 'spoofing'. While some of these coins are indeed subject to orchestrated price swings, I have respect for those that can move the more capitalized markets (btc, ETH, DOGE, etc). Lot of money being weilded.
|
|
|
I'm not too thrilled about the medium you selected to post the article but i like your post welcome back It is good to have an end to journey toward, but it is the journey that matters in the end. - Ursula K. Le Guin Lol, it's like all the older members have a bad taste in their mouth about streemit. I can't put my finger on it, but I feel like it will end badly for a lot of folks.
|
|
|
|