Yes, I saw this https://polys.me/ system beeing developed. I hope one day we will be voting through something like that, without cheating or administrative power use.

What will create an extrinsic demand for the coins, other than ICO investors buying them? Do coin holders share in the profits of the games developed with ico money?

How is your project different from cryptopia?

Why is that smarter than crypto?

So how is this project going on?

 

1% is such a small price of your success...

What is your team's mission? Long-term? How do you insure the Wallet?

What is your team's mission? Long-term?

2% coins.. thats quite cheap

It looks like a good project.
Waiting for a bounty program

For those that are interested, Exodus are completely ignoring the issue.

I hate to imagine who else has lost their coins unknowingly while they were stored offline.

So discussing on Slack to one of their team, I am told that it is not possible to access the funds with just the link...

So essentially they are saying as crypto and software developers that when one stores their assets offline, it is ok to have a link to it online.. because it is impossible for anyone to get your password.

Can someone please tell me if I am insane or just in denial or something?

is than not like a bank taking your money out of the valt and putting it in a cashbox in a public space, because nobody else has the combination?

To ignore the world of hackers, worms, bots and all sorts of malicious software and the ability to track peoples typing etc...seems pretty pathetic.

When I wanted my coins offline, I wanted them offline. With just my password it would have been impossible to get them.

if you have exodus, get your words and delete that email.

For me, what hurts most is the mining I did the hours I spent researching before I even stepped in and purchased anything. That was back in 2013... I have checked CMC daily since read many things.. All of us here have to a point and from a point.

those Two BTC represented everything I have put into it. The BCC that I got from them was the pat on the back...

It was more than just a dollar amount I lost or a bunch of code that represented wealth.

It was my entire faith that I have put in this ecosystem for years, and as you say someone comes along and swipes it.

My only consolations are that the ETH was strangely not touched so it was not all... and that the money I was kicking myself for these months and years for not putting in...because look at the growth... was and is still mine or spent by me. It could have been alot more as well But $12000 is nothing to sniff at.

I will probably get one more BTC and BCC over the coming months, for the FOMO factor, but I m done with investing my energy in studying this... one bitten twice shy.

I hope there is a massive correction lol, because my funds don't allow even a fraction at this price and stage.

Imagine telling my kid in 18 years, you had a bitcoin and some bastard stole it...

So I had my 2.0 BTC and their corresponding BCC stolen from my wallet while it was stored offline.

This was due to a foreseeable weakness in the Exodus offline wallet.

I am not really posting this to bitch, moan or vent... though it is doubling as those things. I am writing this to warn others like me, to avoid being put in this depressing situation in an exciting environment.

So, I changed my various altcoins to BTC and ETH the other month. I had it stored offline since mid 2014.

I wanted a savings for our 7 month old boy and home we are saving for... BTC seems like a logical medium to long term investment.

I did a bit of research and found Exodus, it seemed slick and could hold both the BTC and the ETH I had in an exchange that I got from my MEC.

Perfect, put the coins on there, back up the wallet. Store the words in a couple of places in different countries on paper and on a usb stashed and well hidden in encrypted cloud storage elsewhere for use anywhere in the world. Clean the computer remove any wallets and any trace of crypto...

Safe, right?

An important thing to note at this stage is that I followed their procedures, but when I had written down the words etc and when you go to the next stage on their system, it asks you to enter an email address for a back up link. I found this bizarre as I was about to erase any existence of my crypto trading off my computer and out of the internet and onto paper, but they are sending a backup link. Well they need to know my password too, right? So I went along with it, stashed the email deep on a sub folder in my email.

Anyway, that was before the recent BTC fork and before the fork I contact Exodus to see what the ramifications of keeping them stored offline on their wallet was, if a fork happened. I was assured it was ok and in fact it was so I left everything there as it was.

Forward to the 28th of August 2017 just a few days before writing this...

My computer starts going slow, and crashing... then it crashes and I cannot even start it...

So reboot with a USB, reinstall windows, format the disk etc...clean and running again.

But while I am doing this I start thinking about BTC etc. and I learn of these new salt tokens, interestingly watching an interview with one of the exodus developers, and get interested to put a $1000 into them for their potential.

So I restore my wallet, and the BTC is gone...

My 4.5 ETH were there, but the BTC was gone. At first, probably denial, I didn't notice the transactions out from the day earlier. When it had been stored offline for months...

But after discussion with the assist team from exodus, I had come to face the reality that my Bitcoins had been taken from my wallet while I had it stored offline and had no traces of it on this computer.

None.

The only way that anyone had access to my wallet was either with these keys that were near impossible to get, unless they came through me, or that damned link.

So the only logical conclusion, using Occam's razor, is that the virus or attacking software that shut down my system had a keyboard tracker, worked out my several passwords and used the link in my email to access my wallet.

It is very strange that the $1700 odd in ETH was not stolen at the same time, which tells me it was an automated process...

But now I have worked out that very simple hacking can access an exodus wallet.

Access to email and a keyboard tracker is entry level hacking , no?

Why they have the backup link emailed through a third parties servers is beyond me. I trusted their system, and the very sad and true reality is that if I had have used any other wallet, any, or just left it all on an exchange. I would still have them.

They are not acknowledging that this weakness is a problem, and many (inducing myself) will call me an idiot for leaving that email in my folders on my email storage.

So if you use Exodus, delete or remove that storage link from the internet!! Or your coins will be taken at some stage.

It just takes simple hacking to get into someones email and then work out their passwords, we all know this. I felt the caution when I was entering my email into the exodus system to back up my wallet, but I went against my intuition and trusted their system. New fancy wallet for the mainstream, right? they must be onto it.

Those two BTC were the result of a couple of years of research, investment and my entire enthusiasm for the crypto scene. They were the deposit to my family's house in a couple of years and my sons education plan. He is 6 months old now.

Gone.

I cried.

In such exciting times I felt I was on board, and would not feel the FOMO, I had my 2 whole bitcoins, and some ether. But now I have just some Ether and if I invest more I will feel silly, If I don't I will feel silly.

what to do, meanwhile BTC and BCC grow fast.

I will not rant on any more, but be it a warning to those like me that are interested enough and avid enough to put our toes into this scene, but not the experts.

This is what the BTC scene needs now to gain mass adoption. I feel this weakness is bad for the community as a whole, it gives hackers incentive to attack, it waters down the security of BTC that is built in. I had my numbers I cleaned everything off my computer and I still got hacked. Because their dumb email.

I wrote to the developer of Exodus that is responsible for this aspect of the project 24 hours ago, no reply.

Be careful and just because the startups look all kind, caring and into it... tread carefully.

Just download the block chain and use a core wallet.

Fuck the fancy shit, it will just bite you in the ass.

Devistated.

Why so many negative opinions on BCH...

BTC obviously has a scaling problem, and the hard core BTC fanboys would want BTC to last the mile.

BCH supposedly mitigates the problems BTC has had, allowing blockchain technology to go mainstream.

BTC will not die.

I see BTC and BCH working together like Gold and cash did before the central bankers got their greasy mits on them 100 years ago, throuhg the federal reserve act.

BTC for storage of value and BCH for day to day transactions...

How is that not a good scenario for all. Especially considering every BTC owner got the eqiuivelant amount in BCH..

It is it the idiots that moved thier BTC to other altcoins because of FUD that are throwing their toys out of the cot and making these negative comments? lol

So the fork happened, we have BCH and BTC.

has this seemed to have acheived what it set out to do for BTC?

I am still a bit confused by it all but I have stored offline and with private keys.

Interesting times.

I am sure some of you nerds out there have your heads well and truly wrapped around the situation.

I just wanna know where the bottom will be so I can invest some more fiat into it...

let's have a bottom guess competition...


I reckon resistance at 2k dipping slightly below then surging again.  so this seems about right... what do you speculators reckon?

LOL.

I remember lingering around here in 2013...

It was said then, that any coin with less than a $1million marketcap was a crap coin and had no future...

In fact any coin that was not bitcoin was a crapcoin...some said.

Back then to be in the top 10, a coin needed like $5m marketcap.

Now...

Some coins that were worth less than a cent are worth well over a dollar.

To be in the top 100 today you need to have at least $23 Million marketcap and the top ten you need over 600 million...

Show me any stocks with growth like that.

haha some perspective for those thinking a dip from 3k to 2.5 from a surge from 1k is the end of the world... I think BTC was about $80 when I started watching it in 2013. Should have bought 10k worth then.

I bet some serious millionaires will have been made since then...

So much for those crap coins and the global crypto bear market.

My thoughts suggest it depends what you are holding for.

For me, I am saving for a house and plan on building in 2 years time, without a loan!

I have most of my savings in fiat in a high interest savings account and I have BTC and ETC. Not enough that if if did hypothetically go to zero that it would affect my plans. But enough that if it does go to the moon, I wont feel like I was an idiot for not at least investing some.

When we started saving in 2013, I was considering piutting it all in BTC, and had I have done so. I could definately have built already and bought a new electric car.

But now it is over 2k a coin, I doubt the same scale of growth can happen in a couple of years... I certainly hope does however.

if you goals are a shorter term than that, then it may be worth cashing out, or not... But longer term I dont think there is much canc of it being worth less than it is now. I am not guaranteeing that however...

If you are worried, cash out a percentage where you feel  like you are on top of it.

45 coins is a lot of money, I could have had that many too but I am not wealthy enough to feel comfortable to do that.

It is all about balance.