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There may be a flaw in the original POWHcoin contract which we used for this project, their website was hacked/taken down and we're not sure what is going on but their contract lost 900 ETH in a matter of an hour or so. The ETH was drained dued to a flaw in contract.
https://etherscan.io/address/0xa7ca36f7273d4d38fc2aec5a454c497f86728a7a
UPDATE from powhcoin.com
https://www.reddit.com/r/PoWHCoin/comments/7ugtxf/what_happened_next_step_forwards/?st=jd459kgx&sh=8e768681
Very Interesting, This exploit has now been run on nearly every CLONE site of PoWH there was. If you have eth in any clone sites, or sites that work similarly, please Exit out of them now until you can verify they wrote new code from scratch
Friendly reminder that even if your development team does not code an exit hatch in, the Russians will make one for you
Gonna have to pull out the DOUBLE JUSTED role for this one
https://discord.gg/GMKQwXk
JUST2
I'm the dev for most of the artwork, and nearly any text you've read on any of the pages desperately pleading you to not trust our insane mathematical gambling robot with your ethereum You can contact me on Discord, i'm Ponzi-Bot, Hit me with some death threats if you feel the need
Make em good
P.S Pls don't insult Dividends snek.
Some Info, if you're not in the Loop
The PoWH Development team has actually disbanded after PoWH Shadow crashed They quickly realized that for a joke site it exploded to a size it was never intended to reach and people put faith into it that we TOLD YOU NOT TO HAVE. There's currently a new development team with some very high-quality programmers working on a complete full rewrite of the Smart Contract code, We are in contact with one of the groups who determined the stack overflow exploit existed, and will go through steps to ensure that new code does not have these exploits. i would suggest not touching any of the schemes that look like they use this old code, which is all of them since they copy/pasted it
I'd probably suggest not touching our new one too, but someone's going to FoMo in anyway
You probably can't get out now, but here's the escape hatch code just in case
PLEASE SAVE THIS SOMEWHERE SAFE If for any reason this website goes down, you can open up a Transaction through Metamask, Send 0 Ether with a 150k Gas Limit to the Contract and send "0xb1e35242" under additional data for a personal exit scheme. This is the getMeOutOfHere() function on the contract and will cash you out of all tokens and dividends.
Address =: 0xa7ca36f7273d4d38fc2aec5a454c497f86728a7a
ANNOUNCING ETHCONNECTx - A Decentralized Autonomous and Self-Sustaining Pyramid Scheme
https://ETHCONNECTX.online The Smart Contract
Legal disclaimer: this is not an investment opportunity and you may likely lose money on this blockchain-based ponzi casino game.ETHCONNECTx has no affiliation with the original Ethconnect site or team, we just stole their name because they got a lot of hype for their project and ran away with everyones money too early. We do not promise to deliver any further products, the erc-20 ETHx gambling/trading contract is live and is self-sustained on the ETH network until Ethereum is dead.
WEBSITE: https://ethconnectx.online/
OFFICIAL ETHx Contract Address: 0x1c98eEa5FE5E15d77FEeabc0dfcFaD32314fd481
SMART CONTRACT CODE: https://etherscan.io/address/0x1c98eea5fe5e15d77feeabc0dfcfad32314fd481#code
Welcome to the revolution, the blockchain allows for open trust and transparency like never before seen in humanity.
Even the dirtier parts of life like ponzi schemes can be made more trustworthy through the use of smart contracts.
ETHCONNECTx is not an investment - it is a Ponzi-like game built on the Ethereum network and aims to be the Crypto Kitties of Ponzi schemes.
The price of ETHx goes up and down by 0.25% every time 1 token is sold. When one token is sold 10% of the funds are put into the ETHCONNECTx dividend pool and split to all the token holders, dividends can be cashed out on the website or by calling the withdraw function in the smart contract.
This was created as a joke and social experiment, we
"I got into blockchain because they told me there would be revolution, and all I got were ponzi schemes." <--- this quote defines how much of a joke we believe ETHCONNECTx is so please don't put anything other than gambling money into our contract.
HEY HEY HEY EEEEEEEEEEEEEEEEEEEEEEEEEEEEETHCONNNNNNNNNNNNNNNNNNNECT X!
HOW TO PLAY THE GAME
Buy ETHx and spread FOMO
There will be many ground floors as he contract is designed to pump and dump itself, you want to be in on the lowest ground floor and collect the dividends from all the weak hands selling low and buying high. WE ARE THE ETHx MARINES!! WE ARE NOT FUCKING SELLING!
Sell ETHx and spread FUD
Think ETHx is overvalued? Sell your coins and try to buy back lower. You can spread fud about how the contract has a backdoor, send spam 0 ETH transactions that look like cashouts to the contract and do all you can to create weak hands. The more trading that happens, the juicier your dividends will be. You can FUD the other Ponzi game and try to win over their shareholders to join the ETHx revolution since ETHx is still at a much lower ground floor than POWH. POWH was bought in by whale devs and discord groups and then shilled on 4chan first. Ponzicoin was premined and shilled on reddit first.
We believe that crypto projects should start right here on Bitcointalk as this is the home of crypto! This project is live as of the time of posting and gives everyone on bitcointalk the chance to be at the top of the pyramid before everyone else finds out! We have put in less that $1000, between a few people into the contract before releasing it here, as this is a gamble at that is the most we are all willing to lose and dont want to "premine" that way like POWH did by devs buying everything at the start!!
Refer a Friend" System Re-Defined
ETHCONNECTx uses the dividend model for bringing in new money, rather than pay a fee to the referrer, the entire network reaps the benefits when a ETHx holder refers a friend to play the ETHx Ponzi game. This incentives people to shill without even having to pay them an extra bonus from the Ponzi pool.
If the Website is down/quick action trading via Metamask
You can sell without the website, just send a 0 ETH transaction to 0x1c98eEa5FE5E15d77FEeabc0dfcFaD32314fd481 with the following data to perform functions:
Sell tokens: 0x75c7d4e1
Withdraw (dividends/tokens): 0x2e1a7d4d
Sell + withdraw (getmeout): 0xb1e35242
How It Works
By sending Eth to the smart contract, you're trusting an uncaring mathematical gambling robot, fueled by the magic of chinese ethereum miners, to entrust you with (ETHX) Tokens. We don't trust it and neither should you.
It Pumps and Dumps Itself
Every Time a Token is purchased, the contract increases the price of the next token by a small percentage (about 0.25%). Every time a Token is sold, the next Token is valued slightly less (about -0.25%).
Proof of Weak Hands Technology (POWH)
Instead of conventional staking methodology, When someone purchases a token, 10% Of the buy-in-price is split by the total number of coins and given as locked-in dividends to each previous investor based on how many coins they own. This is stored as price-locked ETHX Tokens that nobody can touch but you!
No Exit Strategy , No Contract Crash
With our ingenous (POWH) technology, there is no way for FUD to take away your dividends, and even with weak-hands and whales trying to sell and FOMO in again they just generate more revenue for anyone who holds the coin! You're staking on other people doing dumb things with their money!
Cash Out - Forever
At any time, you can sell your ETHX back to the Smart Contract for 90% of the current price , or withdraw just the dividends you've accumulated!
Forever
Seriously, No Premine, no Self Destruct, no Dev Exit Scheme. This contract will fluctuate in price and pay out dividends until the ethereum network dies.
Guide to Get Rich Quick
Step 1: Invest Throw your ETH at our robot
This game will be running for as long as ethereum is around. Send ether to the Smart Contract through this website to buy your coins now before it takes off, or after the price has tanked the first time, or the second time. There's going to be a LOT of ground floors; Pretty sure we are in for a ride
Step 2: Shill
We suggest shilling this coin heavily to anyone who has the right sense of humor to throw cryptocurrency into a pit of fuckery; or anyone who genuinely believes bitconnect dividends are a good idea. Creating posts on how this coin is like a standard crypto on crack with price swings and meme payouts, on /r/wallstreetbets, /r/cryptocurrency, /biz/, and making several youtube videos promoting ETHX is also encouraged. Please do not lie or guarantee gains, this is a game and should be considered as such!
Step 3: HODL
Everytime 1 token is sold, the Smart Contract will increase the price of every token and pays out dividends. With the dynamic pricing it's likely the coin will crash, induce FOMO (fear of missing out) and trigger an entire new-wave of buyins and dividends for all previous holders. Someone is losing money, don't let it be you!
Step 4: Profit
If you have weak hands and no longer want to participate in this madness sell your coins back to the Smart Contract through this website for ether! If you've HODLed for long enough and shilled hard enough that enough people have chased the meme after you, your gains will be through the roof!
FAQ
Q: Is this a real thing?
A: Yes, ETHX Coins are an ERC20 standard token built on the ethereum blockchain that you can sell on this site. They have no value outside of engaging in the POWH game with our Math Robot though and you should not consider them a real investment.
Q: Who Made This?
The original concept for the Contract was created by Dr. Jochen Hoenicke a brilliant guy who develops the Trezor Firmware and the Bitcoin Mempool statistics Viewer. We kinda hope he buys in.
Q: Wasn't there something similar to this earlier?
A: Yes there were a few "Doubling Scheme" Ponzicoin sites. These worked on a different algorithm that doubled the price of each coin every 100 tokens that were purchased, and only let you sell out for 1/4th of the token value. Both times these coins were run they only lasted a few hours before the Devs Exit-scammed with them, or the contract crashed because everyone cashed out. There was also Ethconnect that didn't even make a working product before they exit scammed millions of dollars. We are not affiliated with them but used their name as a big fuck you to those faggots when ETHCONNECTx becomes a top 20 coin.
Q: How do we know you guys won't do the same thing?
A: Different contract, You should read it; the math is pretty cool and is designed to initially spike, then crash, then spike and crash and continually make dividends for anyone with IRON HANDS and let short term / weak handed players trick themselves
How does this work? Can I actually cash out?
A: When you buy ETHCONNECTx Coins, you are paying ether into the ETHCONNECTx's Smart Contract balance, think of it like an ether bank account with a fancy robot attached to it. Whenever you wish to cash out, the robot (smart contract) will pay you the ether you are owed out of its balance.
Q: Can I actually make ETH off of this?
A: Yes! I would rather you assume you won't though.
Q: What do I need to buy into this Ponzi Scheme?
A: You need to install Metamask and also need to buy some Ether (ETH), probably from something like Coinbase.
Q: This seems like a great investment opportunity! I need to get back all the money I lost in BitConnect, so can I put my entire pension fund/college fund/retirement savings/second home mortgage in?
A: No, this is a joke foremost and secondarily a toy that only has as much value as the fun you get out of it (and the fun you get out of other players).
Q: Is this a scam?
A: Yes, More accurately this is a game where you put cryptocurrency into trying to trick, fake out, or scam everyone else out of their cryptocurrency. Any value you deposit into this smart contract should purely be placed because you enjoy the concept and social experiment and wish to participate. For better or worse.
Q: Is this site secure?
A: All transactions are handled through the Ethereum network, Metamask and Our insane blockchain gambling smart-contract. Do not use this site if you do not trust these systems. Our bet is on Metamask taking your money.
Q: This seems to be too good to be true, how am I getting screwed?
A: It's a literal pyramid scheme on a rollercoaster. The price can fluccuate upwards and downwards extremely quickly depending on who cashes in/out of the contract. The dividends design encourages more and more players to hold over longer periods of time and should naturally push the price upwards however.
Q: Are there any other coins that pay dividends like this?
A: Yeah lots actually, Kucoin Sharesand Coss are big name exchange tokens that pay out a percentage of all fees taken from trading on the platform. Not to mention the actually-the-definition-of-a-ponzi "Refer friends and get their fees" schemes on Binance/Kucoins
Q: Is this coin pre-mined?
A: No, Nor are there any loops in the code that allow us to take ETH out of the contract in any ways that you yourself are not capable of.
Q: So this won't suddenly dissapear overnight with everything i put in it?
A: The Smart-Contract will not vanish, the website can have anything happen to it at any time which may affect your ability to withdraw or manage your coins through the GUI interface it provides. On the Purchasing page we plan to provide a handy guide of how you can withdraw dividends and tokens without the GUI; so you can save a copy locally.
EEEEEEEEEEEEEEEEEEEEEEEEEEEEETHCONNNNNNNNNNNNNNNNNNNECT!
