ETH hardfork incoming.

[Cryptology]

https://www.reddit.com/r/ethereum/comments/4oif2x/dao_attack_exchanges_please_pause_eth_and_dao/

Don't move your ETH until solved.

[spartacusrex]

I think that would be a very bad idea.

Can't roll-back every time someone writes a buggy contract. No matter how much is invested in it..

THIS is the HEART of crypto.

If he(Vitalik) does roll back, it means ETH is not decentralised..

There are literally 10's of thousands of other contracts running that have no issue at all.

[helloeverybody]

Its going to be a bit late to do  a hardfork once that eth gets dumped.  Im noticing some people are still buying atm.  I guess they never got the news yet.

[IanFoxley]

I think that would be a very bad idea.

Can't roll-back every time someone writes a buggy contract. No matter how much is invested in it..

THIS is the HEART of crypto.

If he(Vitalik) does roll back, it means ETH is not decentralised..

There are literally 10's of thousands of other contracts running that have no issue at all.

I remember when the devs of Vericoin did something similar, it did not go down too well with the community.

[Cryptology]

I agree. I would rather let the theDAO burn and save ETH but based on that post looks like this is what they will do.

[Cryptology]

Its going to be a bit late to do  a hardfork once that eth gets dumped.  Im noticing some people are still buying atm.  I guess they never got the news yet.

TheDao is not ETH. They are betting that ETH will survive whatever happens to the DAO. It is a sensible bet IMHO.

[helloeverybody]

Its going to be a bit late to do  a hardfork once that eth gets dumped.  Im noticing some people are still buying atm.  I guess they never got the news yet.

TheDao is not ETH. They are betting that ETH will survive whatever happens to the DAO. It is a sensible bet IMHO.

If those hacked eth taht have come out of the dao get dumped then eth will plummet much further than  it has already.  Eth will still be alive but dumped down to very low prices. 

[ICOcountdown.com]

I think that would be a very bad idea.

Can't roll-back every time someone writes a buggy contract. No matter how much is invested in it..

THIS is the HEART of crypto.

If he(Vitalik) does roll back, it means ETH is not decentralised..

There are literally 10's of thousands of other contracts running that have no issue at all.

Satoshi did rollback.

[Foxpup]

What's so wrong with a good old fashioned fund freeze / rollback?

This: https://web.archive.org/web/20150810141857/http://bitcoinmoney.com/post/53207712103/your-bitcoins-are-not-safe-at-alt-coin-exchanges

Shit, meet fan.

[smooth]

I think that would be a very bad idea.

Can't roll-back every time someone writes a buggy contract. No matter how much is invested in it..

THIS is the HEART of crypto.

If he(Vitalik) does roll back, it means ETH is not decentralised..

There are literally 10's of thousands of other contracts running that have no issue at all.

Satoshi did rollback.

He did it for a bug in a coin code itself, not because someone sent coins to the wrong address.

[ATA Group]

They can't do it, it's not decentralised if they are going to do shit like this. No one is going to invest seriously if a couple of nerds can reset all the stuff. They are going to kill ETH along with DAO.

[monsanto]

I think that would be a very bad idea.

Can't roll-back every time someone writes a buggy contract. No matter how much is invested in it..

THIS is the HEART of crypto.

If he(Vitalik) does roll back, it means ETH is not decentralised..

There are literally 10's of thousands of other contracts running that have no issue at all.

I remember when the devs of Vericoin did something similar, it did not go down too well with the community.

Yes, I remember when mintpal was hacked and a large share of all Vericoins were stolen.  They had to fork because the percentage of coins was so great that the entire coin would be effectively owned by the hacker.

I remember the LTC dev Coblee was totally against it and had some harsh words for the vericoin devs.

[Bitdrunk]

Its going to be a bit late to do  a hardfork once that eth gets dumped.  Im noticing some people are still buying atm.  I guess they never got the news yet.

TheDao is not ETH. They are betting that ETH will survive whatever happens to the DAO. It is a sensible bet IMHO.

If those hacked eth taht have come out of the dao get dumped then eth will plummet much further than  it has already.  Eth will still be alive but dumped down to very low prices. 

The next dogecoin?  lol

[glerant]

They can't do it, it's not decentralised if they are going to do shit like this. No one is going to invest seriously if a couple of nerds can reset all the stuff. They are going to kill ETH along with DAO.

Agree.
It looks like DAO is finished - I feel bad for DAO investors, however that is one thing and future lessons will be learned.

However it would be a huge mistake for ETH devs to jump in without due diligence (something DAO team and investors may have done more of) and compound the DAO failure by trashing any confidence in ETH.

Maybe there should be voting on whether to allow smart contracts to proceed and on a time delay before they are allowed to start?

[Traderx]

They can't do it, it's not decentralised if they are going to do shit like this. No one is going to invest seriously if a couple of nerds can reset all the stuff. They are going to kill ETH along with DAO.

can you kill a 1.3B marketcap coin?

[spartacusrex]

Hmm..

IF they do a roll-back.. what happens to all the ETH put in exchanges and sold in the period that get's 'reset'.. ?

[tokeweed]

I think that would be a very bad idea.

Can't roll-back every time someone writes a buggy contract. No matter how much is invested in it..

THIS is the HEART of crypto.

If he(Vitalik) does roll back, it means ETH is not decentralised..

There are literally 10's of thousands of other contracts running that have no issue at all.

Not only that.  If they roll back, Ethereum will be one big joke in crypto.  But it could be doomed either way.  They continue, it's bad, Ethereum's pet project the DAO loses over a hundred million.  If they roll back, it's laughable, and they're viewed as incompetent fools.

This is a bad time.  I hope they figure this out real quick and that no one loses their investment.  I feel fr those people who are invested.

[EthDumper]

http://pastebin.com/aMKwQcHR

[Searing]

I think that would be a very bad idea.

Can't roll-back every time someone writes a buggy contract. No matter how much is invested in it..

THIS is the HEART of crypto.

If he(Vitalik) does roll back, it means ETH is not decentralised..

There are literally 10's of thousands of other contracts running that have no issue at all.

Not only that.  If they roll back, Ethereum will be one big joke in crypto.  But it could be doomed either way.  They continue, it's bad, Ethereum's pet project the DAO loses over a hundred million.  If they roll back, it's laughable, and they're viewed as incompetent fools.

This is a bad time.  I hope they figure this out real quick and that no one loses their investment.  I feel fr those people who are invested.

They will roll it back and try to spend the next year in 'glossing it over' hoping the glamor has not rubbed off and another pump to save their reputation..bet on it

[Jacques21]

Looks like there is a fix though, seems the stolen eth cant be sold for a while. It may give them time to fix it.

A hardfork would be the worst thing they can do, it would be better to try and salvage what is left after this in some other way.