DAOXXED..

[Jacques21]

Luckily I sold all my dao for btc on the 14th. Its not an Eth code problem though but it will have a big effect on eth price for sure

[Dinosaur]

I feel sorry for the people who invested a lot.

[illodin]

is the guy who wrote the DAO code anon or is he public? wow, I really feel for that guy now, he must be going insane

Maybe he left a backdoor on purpose. Probably not though.

[kingorbust]

maybe it will all end well. Hacker wont be able to sell his ETH. Might be a good idea to buy but I dont have guts.

https://pbs.twimg.com/media/ClJRBgnVAAA814-.jpg

[KLONE]

I feel sorry for the people who invested a lot.

so do I ... crypto is a tough game

[funbarrel]

AAAAAND 8 MIL ETH GONE

https://www.youtube.com/watch?v=-DT7bX-B1Mg

[partysaurus]

I feel sorry for the people who invested a lot.

so do I ... crypto is a tough game

most of all people lose money on investing. trying to make a big payday with risky investments they know nothing about. if they would not lose it here they would lose it down the road they are to inpatient and beliving in going all in.

[scv00]

ETH is rebounding now on polo but my btc are still at 0 confirmations.

Eth deposits are currently disabled on Polo. When they open you're going to see a flood of selling, so I don't know why you'd be so eager to buy.

Are there other places where the eth could have been dumped? Could it affect bitcoin's price if a hacker dumped a load of eth for bitcoins, then everyone starts panicking in case he dumps the bitcoins?

[ATA Group]

maybe it will all end well. Hacker wont be able to sell his ETH. Might be a good idea to buy but I dont have guts.

https://pbs.twimg.com/media/ClJRBgnVAAA814-.jpg

Well this is censorship by ETH.

[Zer0Sum]

ETH is rebounding now on polo but my btc are still at 0 confirmations.

Eth deposits are currently disabled on Polo. When they open you're going to see a flood of selling, so I don't know why you'd be so eager to buy.

Are there other places where the eth could have been dumped? Could it affect bitcoin's price if a hacker dumped a load of eth for bitcoins, then everyone starts panicking in case he dumps the bitcoins?

localbitcoins

[funbarrel]

maybe it will all end well. Hacker wont be able to sell his ETH. Might be a good idea to buy but I dont have guts.

https://pbs.twimg.com/media/ClJRBgnVAAA814-.jpg

yeah right, first of all the creators might have done this on purpose or there was a real hacker, so either way they feel a mandatory at the moment to tell all the people that everything will be solved, their money wont be gone, so people dont just dump the price, but it is how it is, they messed up, its not fine at all, i doubt that these messages will help get back ethereum after this whole thing to the heights where it has been before

[Traderx]

so what happened, dao was hacked not etheruem? how ti was hacked?

[tokeweed]

here: https://www.reddit.com/r/TheDao/comments/4ohwgu/one_of_the_whales_has_split_from_the_dao/

and here: https://steemit.com/thedao/@xeroc/ongoing-attack-on-thedao---eth-draining-from-the-pot

If there's a hack then this is really serious.  Perception is everything in crypto, especially in these times of doubt.  Some people have had enough of the devs' shortcomings that result in people losing their hard earned money.

Now the question is will the DAO be viewed as a joke?  Will the devs that are building Ethereum projects abandon ship and look somewhere else to create and run their wares?

How does this failure reflect on Slock.it?

Another truly bad time in the history of crypto.  In the next few hours, expect every crypto news website and blogs to have a field day on this.

[monsanto]

ETH is rebounding now on polo but my btc are still at 0 confirmations.

Eth deposits are currently disabled on Polo. When they open you're going to see a flood of selling, so I don't know why you'd be so eager to buy.

Are there other places where the eth could have been dumped? Could it affect bitcoin's price if a hacker dumped a load of eth for bitcoins, then everyone starts panicking in case he dumps the bitcoins?

I read that it's locked up in a "child DAO" until July 14th or something.  So the devs will apparently have some time to figure something out.

[Traderx]

so how dao work why etheruem is dumped if only dao is hacked?

[funbarrel]

so how dao work why etheruem is dumped if only dao is hacked?

as far as i know dao is somehow based on ethereum, and as dao was hacked 8 million ethereum was stolen

[monsanto]

so how dao work why etheruem is dumped if only dao is hacked?

Because you can split DAO tokens and get your ETH back.  So the hacker figured out an exploit that allowed him to gain access to the splitting process to withdraw everyones ETH from the DAO.  Obviously this wouldn't be good if he manages to sell them.

[spartacusrex]

so how dao work why etheruem is dumped if only dao is hacked?

Because you can split DAO tokens and get your ETH back.  So the hacker figured out an exploit that allowed him to gain access to the splitting process to withdraw everyones ETH from the DAO.  Obviously this wouldn't be good if he manages to sell them.

Part of me is ashamed to say that the programmer in me is 'slightly' impressed by the hacker.. sorry..

[funbarrel]

so how dao work why etheruem is dumped if only dao is hacked?

Because you can split DAO tokens and get your ETH back.  So the hacker figured out an exploit that allowed him to gain access to the splitting process to withdraw everyones ETH from the DAO.  Obviously this wouldn't be good if he manages to sell them.

this wouldnt be good and i think this will be done sooner or later, the only thing they can do now is to roll back all the transactions but as long as it is decentralized it will have a negative effect on peoples view to it as decentralized currency should not be controlled like that, either way i hope everything will be solved

[clickerz]

We dont know what really happened. Some says there's 50 Million stolen? Hacked? and some says ETH is not affected. All of these i say is a speculation or it may be true. Is there already an official Announcement?