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Author Topic: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts  (Read 820285 times)
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August 07, 2016, 10:11:06 PM
 #2761

Ok what we need to do now?? sell what we have now and buy later by lower price or just keep them?
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August 07, 2016, 10:15:25 PM
Last edit: August 07, 2016, 10:33:25 PM by MalReynolds
 #2762


8 million of ETC goes to market soon


http://slacknation.github.io/medium/14/14.html


The 8M you speak is under the control of "white hat" hackers led by Alex Van de Sande from the Ethereum Foundation.  This is 69% of all DAO funds on the ETC blockchain and just under 10% of all ETC.  

When will Alex / the Ethereum Foundation make a statement on what he and his team intends to do with this ETC?  

Will they return it on the ETC blockchain proportionally to those who invested in the DAO (as they should)?


http://forklog.net/the-counter-attack-on-the-dao-quickly-drains-its-funds/

http://motherboard.vice.com/read/the-biggest-hacker-whodunnit-of-the-summer

https://blog.ethereum.org/author/avsa/

https://twitter.com/avsa/status/745318197876953088



Alex Van de Sande - Ethereum Foundation ""White Hat" Hacker

In Control of 8 Million ETC (currently worth over $16 Million) Of Other People's Money


WHAT NOW, ALEX?


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August 07, 2016, 10:34:53 PM
 #2763

http://www.huffingtonpost.com/david-seaman/in-bitcoins-barry-silbert_b_11353372.html

From the link

David Seaman YouTuber, researcher, and cryptocurrency enthusiast

As readers may already know, I used my space here to draw attention to Barry Silbert’s Ethereum Classic scam. You can read that coverage here and here.

A source assures me Classic meets the loose definition of a scam: it is in no way Ethereum. It is just an insecure orphan chain which is being promoted by a wealthy guy in New York, relentlessly, in a way that would be absolutely illegal if “Ethereum” were a publicly traded company or commodity - which it may well be one day soon, in some form.

Ethereum inventor Vitalik Buterin has publicly pledged “100%” of his support to ETH, the main blockchain for the Ethereum community.

Especially in light of Mr. Silbert’s prior cryptocurrency run-in with the S.E.C., my source suggests a second look from authorities might result in more than a slap on the wrist this time, especially since CoinDesk - a leading cryptocurrency media outlet wholly acquired by Mr. Silbert’s Digital Currency Group recently - has shifted to a “discernible” and “biased” promotional strategy for Classic since the acquisition.

“Kathryn [Haun] owes you a drink,” the source joked, referring to assistant U.S. attorney Kathryn Haun, who heads up the digital currency crimes office for the United States Dept. of Justice in San Francisco.

Nearly a week after our first stories about Mr. Silbert broke, he finally responded to my multiple public inquiries asking for an explanation. “Yeah, I care what you think,” Mr. Silbert tweeted to my personal Twitter account.

It’s not what I think that remotely matters, Mr. Silbert. It’s the Ethereum investors, the Ethereum developers, the American and international corporations developing on Ethereum, and the law enforcement community - they are the ones who want answers, not me.

I couldn’t care less.

Disclosure: At time of publication, I hold some bitcoin, ether, US dollars, and gold in my long term portfolio. As I held ether at the time of the fork, I also have a “Classic” position by default but have not sold any - Classic is a scam and I am uninterested in profiting from the sale of duplicate tokens.
Follow David Seaman on Twitter: www.twitter.com/d_seaman

Oh yeah dude you got it all figured out, we're over here trying to keep integrity going while eth promised their world supercomputer can't be tampered with or controlled by anyone, then did just the opposite because the development team had too much to lose. Then there's the fact that because of etc inception the same dev team got a ton of free etc that is worth a decent amount of money, did they cough any up to bailout the exchanges and others who lost because of their errors? Nope kept it for themselves. So yeah your totally right, we are the scammers that try to control the blockchain and can't contribute free money to people who lost alot due to our incompetence. And don't forget to mention our public call to 51% attack their chain, might as well get it all in there if your gonna manufacture obviously self serving bullshit.

When the story broke about the DAO hack and David was covering this he did a video where he was talking to ETH insiders explaining why the fork was critical and why they were going to do this.  Now the funny thing with David is that he is a libertarian, and many of his ideas seem to emphasize this which I happen to agree with myself.  But when it came to this topic of the fork and the authoritarian steps they were going to take David was more than willing to swallow his ethics and principals to go along with this. 

Now this spoke volumes about his position.  First it told me that David must be up to his eyeballs in the DAO and I know he is heavily invested in ETH.  So he is no longer an unbiased source of information.  Secondly it told me that he was willing to compromise his personal beliefs in order to save his behind.  Thirdly it told me that he has gotten too close to the ETH insiders to be able to see objectively any longer. 

I assume that based on the article that David is once again illustrating for us that he has too much on line and has made a deal with the devil and anything that puts his holdings at risk is subject to attack.  I posted on David's video from that interview with the ETH insider that I was very disappointed and after that video I was going to be looking at my options because I no longer believed the path that ETH was on was correct.  I know my views were not popular then just like they are not popular now.

It appears that just because you put yourself out there on a daily basis talking about these subjects this somehow makes you an "expert".  Sadly David is a biased and partial participant in all of this and is the last person you should be asking for an opinion.  It isn't like he is a journalist just "covering a story" from an objective point of view.  That isn't the case at all.

The sad truth of the matter is that David has compromised his values, and has put himself in a very bad place and instead of doing the wise thing and reflecting on the road he has chosen he has decided the deal with the devil is still better than the high road of ETC.

David should be met with scorn and rebuke.  He has lost credibility just like ETH has and really should be treated as such.  It really is too bad.  I think David is a good guy who has put himself in a bad place.  Time will tell if David comes back to his roots and chooses the path of open, decentralized, immutable block chains.  For now just expect him to do the devils bidding until that happens.

Very wise words...

In the end, can you look in the mirror and say. "Did I Stand For Something In My Life"
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August 07, 2016, 10:43:12 PM
 #2764


8 million of ETC goes to market soon


http://slacknation.github.io/medium/14/14.html


The 8M you speak is under the control of "white hat" hackers led by Alex Van de Sande from the Ethereum Foundation.  This is 69% of all DAO funds on the ETC blockchain and just under 10% of all ETC.  

When will Alex / the Ethereum Foundation make a statement on what he and his team intends to do with this ETC?  

Will they return it on the ETC blockchain proportionally to those who invested in the DAO (as they should)?


http://forklog.net/the-counter-attack-on-the-dao-quickly-drains-its-funds/

http://motherboard.vice.com/read/the-biggest-hacker-whodunnit-of-the-summer

https://blog.ethereum.org/author/avsa/

https://twitter.com/avsa/status/745318197876953088



Alex Van de Sande - Ethereum Foundation ""White Hat" Hacker

In Control of 8 Million ETC (currently worth over $16 Million) Of Other People's Money


WHAT NOW, ALEX?



Mal hi! Im also turned my lsk in etc just wanted to know ur thoughts, what s the best move right now? Will that 7m affect much to etc price and will it recover?
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August 07, 2016, 10:46:21 PM
 #2765

Ok i will ask again. Your perdictions guys.. will ETC recover from this mess or its over of this crypto?? What will happen after those 8 mil. will get back on the market?
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August 07, 2016, 11:02:29 PM
 #2766

Ok i will ask again. Your perdictions guys.. will ETC recover from this mess or its over of this crypto?? What will happen after those 8 mil. will get back on the market?

ETC has never recovered from anything, in my eyes it is worthless. The only value it has is for trading and for all coins that did, this will be like all others and slowly going lower and lower. It's marketcap is too high.
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August 07, 2016, 11:12:21 PM
 #2767

Ok i will ask again. Your perdictions guys.. will ETC recover from this mess or its over of this crypto?? What will happen after those 8 mil. will get back on the market?

ETC has never recovered from anything, in my eyes it is worthless. The only value it has is for trading and for all coins that did, this will be like all others and slowly going lower and lower. It's marketcap is too high.


Money has value from fungibility, scarcity, and demand. Since it only takes a single digit percentage minority on eth to edit how money works, who has it, and where it goes, eth has absolutely zero value as a currency. We can't trust anything about it since it can be modified at any time with extreme ease for profit seeking parties.
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August 07, 2016, 11:38:56 PM
 #2768

So the question is, will Alex break the social contract? Sword of Damocles time for ETC?

I hope for his sake he has Close Protection.

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August 07, 2016, 11:42:57 PM
 #2769

Ok i will ask again. Your perdictions guys.. will ETC recover from this mess or its over of this crypto?? What will happen after those 8 mil. will get back on the market?

ETC has never recovered from anything, in my eyes it is worthless. The only value it has is for trading and for all coins that did, this will be like all others and slowly going lower and lower. It's marketcap is too high.


Money has value from fungibility, scarcity, and demand. Since it only takes a single digit percentage minority on eth to edit how money works, who has it, and where it goes, eth has absolutely zero value as a currency. We can't trust anything about it since it can be modified at any time with extreme ease for profit seeking parties.

Exactly if people were not concerned about eth and their control over the blockchain guess what...etc would have zero support so that speaks for itself. As far as the scumbag "white hat" (right..) why aren't you all in your thread demanding he uses that to make whole the exchanges and whoever else lost out due to your devs fuck ups? Seems like a great opportunity to change the perception damn near everyone except you bagholders has of eth right now. But you and I both know they won't do it, all that free money and they sit back and do nothing to remedy the situation they created. Yet they will fork the goddamn chain to protect their cash huh? This is all pretty telling there bagholders, your leaders are greedy and corrupt and give zero fucks about the integrity of "their" blockchain. This fucking game is over, you dumbasses just haven't figured it out yet.
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August 08, 2016, 12:03:17 AM
 #2770

In my eyes, ethereum has become a toxic brand.  The only way it can survive is through ECT, who still obey the social contract.  
All eyes on Alex, if he dumps he will alienate so many people, rootstock will take the glory over ETH.

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August 08, 2016, 12:20:23 AM
 #2771

In my eyes, ethereum has become a toxic brand.  The only way it can survive is through ECT, who still obey the social contract.  
All eyes on Alex, if he dumps he will alienate so many people, rootstock will take the glory over ETH.

I don't know but it says on reddit one of them just dumped 129k etc, why would you do that? It was free dude, there are people who lost alot because of their dao, rushed bail out fork all kinds of stuff. Apparently they don't have a pr guy to advise their 20 something year old asses, I keep waiting to see something that is a step in the right direction or at least an attempt at doing the right thing. So far it's been self serving and vindictive over and over again. Seen it before...they're big time and can do what they want. Only they can't, and they're going to learn that lesson pretty quick at this rate.
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August 08, 2016, 12:35:46 AM
 #2772

ETHEREUM CLASSIC BLOCK EXPLORER    was showing wei balance only (no decimal point).

Big thanks to dontpanicburns on dev slack channel this afternoon for the swift action.
 
Now working showing  wei and etc       http://blocks.elaineou.com/home

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August 08, 2016, 12:41:41 AM
 #2773


8 million of ETC goes to market soon


http://slacknation.github.io/medium/14/14.html


The 8M you speak is under the control of "white hat" hackers led by Alex Van de Sande from the Ethereum Foundation.  This is 69% of all DAO funds on the ETC blockchain and just under 10% of all ETC.  

When will Alex / the Ethereum Foundation make a statement on what he and his team intends to do with this ETC?  

Will they return it on the ETC blockchain proportionally to those who invested in the DAO (as they should)?


http://forklog.net/the-counter-attack-on-the-dao-quickly-drains-its-funds/

http://motherboard.vice.com/read/the-biggest-hacker-whodunnit-of-the-summer

https://blog.ethereum.org/author/avsa/

https://twitter.com/avsa/status/745318197876953088




Alex Van de Sande - Ethereum Foundation ""White Hat" Hacker

In Control of 8 Million ETC (currently worth over $16 Million) Of Other People's Money


WHAT NOW, ALEX?






Has he made any statement on this as yet
Huh

Don't take life too serious, No one gets out alive Wink
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August 08, 2016, 12:50:57 AM
 #2774

He should dump the ETC and use the money for ETH foundation.

Oh yeah that's definitely the smartest move. Blockchain bailouts are OK, but using free money to make whole the people who lost out because of these incompetent children..I mean ballers..is off limits lol!!  Better keep it for themselves, that's gonna help the situation.
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August 08, 2016, 12:51:54 AM
 #2775

He should dump the ETC and use the money for ETH foundation.

that would follow their principles i guess, screw everyone else and make ourselves more money Sad

QIBUCKS, Building the foundations of real crypto.
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August 08, 2016, 12:53:14 AM
 #2776

no working block explorer, he/she can move 7 million without a trace.

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tylerderden
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August 08, 2016, 12:54:27 AM
 #2777

He should dump the ETC and use the money for ETH foundation.

that would follow their principles i guess, screw everyone else and make ourselves more money Sad

I know dude I was confused, here I thought it was about the world supercomputer that no one can tamper with, forgot...crypto, hookers and blow. My bad.
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August 08, 2016, 12:57:13 AM
 #2778

no working block explorer, he/she can move 7 million without a trace.

More shady shit, DDoS the block explorers, steal..I mean move the money. Yeah dude these guys are totally going mainstream. Bill Gates I'm sure is clearing his schedule as we speak and rolling out the red carpet lol!
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August 08, 2016, 12:58:51 AM
 #2779


8 million of ETC goes to market soon


http://slacknation.github.io/medium/14/14.html


The 8M you speak is under the control of "white hat" hackers led by Alex Van de Sande from the Ethereum Foundation.  This is 69% of all DAO funds on the ETC blockchain and just under 10% of all ETC.  

When will Alex / the Ethereum Foundation make a statement on what he and his team intends to do with this ETC?  

Will they return it on the ETC blockchain proportionally to those who invested in the DAO (as they should)?


http://forklog.net/the-counter-attack-on-the-dao-quickly-drains-its-funds/

http://motherboard.vice.com/read/the-biggest-hacker-whodunnit-of-the-summer

https://blog.ethereum.org/author/avsa/

https://twitter.com/avsa/status/745318197876953088




Alex Van de Sande - Ethereum Foundation ""White Hat" Hacker

In Control of 8 Million ETC (currently worth over $16 Million) Of Other People's Money


WHAT NOW, ALEX?






Has he made any statement on this as yet
Huh


Wait....isn't that the douchebag from gpu coin that ran off with the money and the gpu's lol!??
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August 08, 2016, 01:06:03 AM
 #2780

Would make a good photoshop "Wanted dead or alive - bounty" poster  Wink

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