Ether price?

[Minecache]

We are finding out that solidity is not the only flawed language on the EVM; Serpent is vulnerable to similar problems.

http://www.joeykrug.com/home/a-serpent-send-exploit

Doesn't look good for price longterm . I expect slow capitulation normally but if these attacks become the norm than there is going to be a general panic.

I am glad we found these problems now. We should repare the holes and make the Ethereum better before it becomes too big.

Let's sort the bugs then get ready for the next leg up.

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[frobley]

going parabolic, WTF!? 

[bones261]

going parabolic, WTF!? 

The DAO wars have begun. http://www.coindesk.com/ethereum-developers-draining-dao/
The ETH devs are going to do what needs to get done to keep their scheme alive. May be the last gasps of air or a miracle in the face of desperation.
HF, SF, white hat attacks. They are going in fully armed. After all, now that they know what was programmed wrong with theDAO, they can come back stronger with many more ICO schemes to come with the Ethereum blockchain. There are profits that need to be made, and they'll do whatever it takes to vanquish all threats to their bottom line.

[mandica]

going parabolic, WTF!? 

The DAO wars have begun. http://www.coindesk.com/ethereum-developers-draining-dao/
The ETH devs are going to do what needs to get done to keep their scheme alive. May be the last gasps of air or a miracle in the face of desperation.
HF, SF, white hat attacks. They are going in fully armed. After all, now that they know what was programmed wrong with theDAO, they can come back stronger with many more ICO schemes to come with the Ethereum blockchain. There are profits that need to be made, and they'll do whatever it takes to vanquish all threats to their bottom line.

That is right. The recent events are very dramatic. There is also a voting goes on in the ethpool.org about the soft fork.

[BitUsher]

This is getting embarrassing, The daoattacker has targeted the whitehat "hackers" and is taking/winning their funds now-

https://www.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/

[bones261]

This is getting embarrassing, The daoattacker has targeted the whitehat "hackers" and is taking/winning their funds now-

https://www.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/

The attacker has to wait until the creation period of the white hat dao is over to make the move to try to siphon funds. Problem is, the attacker's child DAO is susceptible to the same attack. Anyone can join the child Daos by sending ETH to them during the creation phase. This is all just a big pissing contest now. No one can recover any ETH with this method, unless someone gives up or someone creates a small Child DAO that manages to fly under the radar.

[Washika]

This is getting embarrassing, The daoattacker has targeted the whitehat "hackers" and is taking/winning their funds now-

https://www.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/

The attacker has to wait until the creation period of the white hat dao is over to make the move to try to siphon funds. Problem is, the attacker's child DAO is susceptible to the same attack. Anyone can join the child Daos by sending ETH to them during the creation phase. This is all just a big pissing contest now. No one can recover any ETH with this method, unless someone gives up or someone creates a small Child DAO that manages to fly under the radar.

So the attackers have to buy more DAO to do the attack? That could be the reason why the DAO is so expensive now.

[bones261]

This is getting embarrassing, The daoattacker has targeted the whitehat "hackers" and is taking/winning their funds now-

https://www.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/

The attacker has to wait until the creation period of the white hat dao is over to make the move to try to siphon funds. Problem is, the attacker's child DAO is susceptible to the same attack. Anyone can join the child Daos by sending ETH to them during the creation phase. This is all just a big pissing contest now. No one can recover any ETH with this method, unless someone gives up or someone creates a small Child DAO that manages to fly under the radar.

So the attackers have to buy more DAO to do the attack? That could be the reason why the DAO is so expensive now.

No, you have to send ETH to the Child DAO. If you send DAO, it does nothing, and you will never get your DAO back. Also, the tokens created in the Child DAO are not the original DAO tokens. They are the child DAO tokens. Also, the attackers only need to send a small amount of ETH to the Child DAO. Just enough to implement an attack when the creation period is over.

[Kenarix]

This is getting embarrassing, The daoattacker has targeted the whitehat "hackers" and is taking/winning their funds now-

https://www.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/

The attacker has to wait until the creation period of the white hat dao is over to make the move to try to siphon funds. Problem is, the attacker's child DAO is susceptible to the same attack. Anyone can join the child Daos by sending ETH to them during the creation phase. This is all just a big pissing contest now. No one can recover any ETH with this method, unless someone gives up or someone creates a small Child DAO that manages to fly under the radar.

So the attackers have to buy more DAO to do the attack? That could be the reason why the DAO is so expensive now.

No, you have to send ETH to the Child DAO. If you send DAO, it does nothing, and you will never get your DAO back. Also, the tokens created in the Child DAO are not the original DAO tokens. They are the child DAO tokens. Also, the attackers only need to send a small amount of ETH to the Child DAO. Just enough to implement an attack when the creation period is over.

How long is the creation period? Is that 27 days or shorter? So the attack can go on forever now due to the bad coding.

[bones261]

This is getting embarrassing, The daoattacker has targeted the whitehat "hackers" and is taking/winning their funds now-

https://www.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/

The attacker has to wait until the creation period of the white hat dao is over to make the move to try to siphon funds. Problem is, the attacker's child DAO is susceptible to the same attack. Anyone can join the child Daos by sending ETH to them during the creation phase. This is all just a big pissing contest now. No one can recover any ETH with this method, unless someone gives up or someone creates a small Child DAO that manages to fly under the radar.

So the attackers have to buy more DAO to do the attack? That could be the reason why the DAO is so expensive now.

No, you have to send ETH to the Child DAO. If you send DAO, it does nothing, and you will never get your DAO back. Also, the tokens created in the Child DAO are not the original DAO tokens. They are the child DAO tokens. Also, the attackers only need to send a small amount of ETH to the Child DAO. Just enough to implement an attack when the creation period is over.

How long is the creation period? Is that 27 days or shorter? So the attack can go on forever now due to the bad coding.

The creation period is indeed 27 days. To get the ETH back, you then have to make a proposal, vote yes, then wait 2 weeks for voting period to end. Problem is, someone can make a split proposal that only takes a week. So they can implement the attack and drain your DAO before you can get your ETH back.

[Xetonica]

This is getting embarrassing, The daoattacker has targeted the whitehat "hackers" and is taking/winning their funds now-

https://www.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/

The attacker has to wait until the creation period of the white hat dao is over to make the move to try to siphon funds. Problem is, the attacker's child DAO is susceptible to the same attack. Anyone can join the child Daos by sending ETH to them during the creation phase. This is all just a big pissing contest now. No one can recover any ETH with this method, unless someone gives up or someone creates a small Child DAO that manages to fly under the radar.

So the attackers have to buy more DAO to do the attack? That could be the reason why the DAO is so expensive now.

No, you have to send ETH to the Child DAO. If you send DAO, it does nothing, and you will never get your DAO back. Also, the tokens created in the Child DAO are not the original DAO tokens. They are the child DAO tokens. Also, the attackers only need to send a small amount of ETH to the Child DAO. Just enough to implement an attack when the creation period is over.

How long is the creation period? Is that 27 days or shorter? So the attack can go on forever now due to the bad coding.

The creation period is indeed 27 days. To get the ETH back, you then have to make a proposal, vote yes, then wait 2 weeks for voting period to end. Problem is, someone can make a split proposal that only takes a week. So they can implement the attack and drain your DAO before you can get your ETH back.

There are many DAO in the exchanges. Can you make a proposal to take the DAO out in a similar attack?

[bones261]

This is getting embarrassing, The daoattacker has targeted the whitehat "hackers" and is taking/winning their funds now-

https://www.reddit.com/r/ethereum/comments/4p9z93/it_seems_attacker_just_targeted_the_whitehatdaos/

The attacker has to wait until the creation period of the white hat dao is over to make the move to try to siphon funds. Problem is, the attacker's child DAO is susceptible to the same attack. Anyone can join the child Daos by sending ETH to them during the creation phase. This is all just a big pissing contest now. No one can recover any ETH with this method, unless someone gives up or someone creates a small Child DAO that manages to fly under the radar.

So the attackers have to buy more DAO to do the attack? That could be the reason why the DAO is so expensive now.

No, you have to send ETH to the Child DAO. If you send DAO, it does nothing, and you will never get your DAO back. Also, the tokens created in the Child DAO are not the original DAO tokens. They are the child DAO tokens. Also, the attackers only need to send a small amount of ETH to the Child DAO. Just enough to implement an attack when the creation period is over.

How long is the creation period? Is that 27 days or shorter? So the attack can go on forever now due to the bad coding.

The creation period is indeed 27 days. To get the ETH back, you then have to make a proposal, vote yes, then wait 2 weeks for voting period to end. Problem is, someone can make a split proposal that only takes a week. So they can implement the attack and drain your DAO before you can get your ETH back.

There are many DAO in the exchanges. Can you make a proposal to take the DAO out in a similar attack?

I was totally wrong in my previous post. You cannot create new DAO tokens in the Child DAO be sending ETH to it during the creation period. The only way that you can create new tokens in the Child DAO is either following them in the split, (you can only do this if you voted yes on the original split proposal) or the Original DAO has to pass a proposal to send ETH to the Child DAO and create tokens. I do see the DAO has this proposal, but I doubt you can convince people to vote yes on sending 1000 more ETH to the attacker, even though it would get the counter-attacker's foot in the door.

[Mukyasa]

The hard fork happened yesterday. The Ethereum price did not crash below $10. So that might be a good sign.

[mandica]

The hard fork happened yesterday. The Ethereum price did not crash below $10. So that might be a good sign.

The Ethereum price is stable around $12 at the moment, the trading volume is also not big. The market is quite calm.

[GreenBits]

The hard fork happened yesterday. The Ethereum price did not crash below $10. So that might be a good sign.

The Ethereum price is stable around $12 at the moment, the trading volume is also not big. The market is quite calm.

If I don't see any major price movement downward by the weekend, I'm going to call this one over and done. Hard to believe, but I'm still sitting here watching all this.

[sock54321]

Price is rigged. It's meaningless at this point. I think eth remains very high risk trade. Wouldn't touch it with a 10 foot pole, also not next month or the month after. The pumpers need to take their profit (or loss) at one point and that's when you don't want to be long. There is better risk/reward trades out there. Just put it on ignore until in 6 or 12 or even 18 months - see what it has become by that time.

[Minecache]

Price is rigged. It's meaningless at this point.

Oh oh really? Care to share your source or are you just fudding as usual?

[Minecache]

The hard fork happened yesterday. The Ethereum price did not crash below $10. So that might be a good sign.

The Ethereum price is stable around $12 at the moment, the trading volume is also not big. The market is quite calm.

If I don't see any major price movement downward by the weekend, I'm going to call this one over and done. Hard to believe, but I'm still sitting here watching all this.

It's not really that hard to believe when you think about it. Ethereum community managed to successfully pull off a hard fork with full consensus and all under an extreme time constraint. The whole community pulled and worked together to achieve this. Now compare to Bitcoin. 3 years later no block size increase no consensus and a fractured community.

[sock54321]

Minecache, you're so full of shit, incredible.

[mandica]

Minecache, you're so full of shit, incredible.

So why the Etheruem price is rising? Do you think the Ethereum price is just pumped and will be dumped soon?