DAO Attacker Owns 10% Of All ETC

[Minecache]

Can't wait for the dump. When he dumps your ETC shitcoinage you deserve all you get for supporting a thief, and promoting theft.

There will be blood.

[DaveyJones]

Double Standards much? I heard the Eth Foundation Members also hold a truck-load of ETH that could be dumped any time.

[Minecache]

I can't wait until Satoshi dumps his bitcoins!

To buy Ethereum Immutable

Satoshi is dead.

[Minecache]

Double Standards much? I heard the Eth Foundation Members also hold a truck-load of ETH that could be dumped any time.

They're hardly going to dump on their own project, whereas we know exactly the immorality of the attacker. Honestly do some people never engage their brains around here?

[Abiky]

Can't wait for the dump. When he dumps your ETC shitcoinage you deserve all you get for supporting a thief, and promoting theft.

There will be blood.

Sadly but it is the hard truth. ETC will be supporting these thieves by running under the original chain (before the hard fork) I don't know what is causing the massive pump into ETC, but I think that it will be over very soon. Maybe it's the hype, or perhaps I'm wrong?  

[jubalix]

The ETC DAO guy played by the rules...the DAO investors had fair warning and took risks

I see nothing wrong with this. The ETC 10% guy was smarter so what.

I kinda feel ETC is more trust worthy than ETH as it did not hard fork

[frobley]

I kinda feel ETC is more trust worthy than ETH as it did not hard fork

+ consensus = sorry what?
+ guy deserves his reward.

tough break for ETHF lovers, but it's hardly made a dent in your ohh so long-term chart of like 11 months, $1bil market cap script.
...2 will likley co-exist for some time, get used to it.

[smooth]

Double Standards much? I heard the Eth Foundation Members also hold a truck-load of ETH that could be dumped any time.

They're hardly going to dump on their own project, whereas we know exactly the immorality of the attacker.

Proven false.

http://themerkle.com/ethereum-developer-vitalik-buterin-sold-25-of-his-coins/

Only 75% left to go!

Honestly do some people never engage their brains around here?

Indeed.

[raphma]

yeah, ETH doesnt have this right? free of whales.

[monsanto]

The ETC DAO guy played by the rules...the DAO investors had fair warning and took risks

I see nothing wrong with this. The ETC 10% guy was smarter so what.

I kinda feel ETC is more trust worthy than ETH as it did not hard fork

Since you are supposed to invest in people and not ideas or companies, naturally, you want to invest in the smartest people, and the bug inspectors are obviously smarter than the original developers, and now they have gained the trust of investors after proving their brainpower.

Now, sure, the "hackers" could dump their shares on the market and crash the price.  That is indeed one option for them.

The other option, however, is much more interesting, however, especially for minds like theirs who despise boredom.  This option is to create the most liquid, developed, and battle tested for immutability Bitcoin2.0 with a scrappy rag tag bunch of miners who will never sacrifice the unstoppable/immutable integrity of this chain no matter how many of its own internal or external "governing forces" try to stop the chain from producing, and/or roll it back.

I think that not even the founders would be stupid enough to sell their OG Ethereum.

That would be funny if the DAO attacker became the Satoshi of ETC.  Seems highly unlikely but this is crypto so you never know.

[bbc.reporter]

Can't wait for the dump. When he dumps your ETC shitcoinage you deserve all you get for supporting a thief, and promoting theft.

There will be blood.

Why are you so angry if some people in the community want to support the original Ethereum classic? You do not have to scare them because they are aware of everything that is happening. They were not born yesterday. Maybe you are doing this to make yourself feel better? That is very therapeutic especially in times where you are in panic and anxious. But relax. So Vitalik made mistakes, so what? Everything will be good in the end for both the original Ethereum classic and the Ethereum fork.

[marky89]

He is the Satoshi of ETC. What makes you think he will dump?

If I were him, I would publicly release a contract to release the majority of holdings as mining rewards over time. This would allow him to keep the rest, while providing additional incentive to secure ETC rather than ETH.

[TravelsAsia]

Double Standards much? I heard the Eth Foundation Members also hold a truck-load of ETH that could be dumped any time.

They're hardly going to dump on their own project, whereas we know exactly the immorality of the attacker. Honestly do some people never engage their brains around here?

The attacker? I thought code was law.

[TravelsAsia]

The ETC DAO guy played by the rules...the DAO investors had fair warning and took risks

I see nothing wrong with this. The ETC 10% guy was smarter so what.

I kinda feel ETC is more trust worthy than ETH as it did not hard fork

We have a winner!

[ImHash]

I would say lets dump all classic and new, it's not  something we can trust they can do whatever they want while people who bought some eth might get dumped on and simply lose their money.

[bbc.reporter]

I would say lets dump all classic and new, it's not  something we can trust they can do whatever they want while people who bought some eth might get dumped on and simply lose their money.

You can dump yours if you want. But as people it is better to leave everyone with their own decisions. Win or lose it is your decision alone.

[vincentvincent]

Double Standards much? I heard the Eth Foundation Members also hold a truck-load of ETH that could be dumped any time.

That is exactly what I was thinking of. Probably they will dump theirs on ETC to crash the price.
It is not in the interest of the DAO attacker to hurt ETC.

[ROT13]

I think a more likely scenario is trading the ETC for ETH and using that to crash the ETH price

[Bepesand]

Can't wait for the dump. When he dumps your ETC shitcoinage you deserve all you get for supporting a thief, and promoting theft.

There will be blood.

I thought the DAO attacker drained 3.6 million ETC, that is 3.5% of all the ETC. That is not 10% you mentioned.

[toknormal]

Can't wait for the dump. When he dumps your ETC shitcoinage you deserve all you get for supporting a thief, and promoting theft.

Personally I think that what the devs are doing with the hardfork is far worse than what the "thief" did. They've basically turned the blockchain into a kind of toy - monopoly money - by cherry picking what contracts to rub out. Whichever side one takes though, I don't think a blockchain can ever be the same after it's been hardforked for the express purpose of wiping out a piece of history.

What is particularly concerning is this: A smart contract platform like Ethereum has the purpose of bringing together disparate parties in a technology layer that is independent of the blockchain itself. It is not the blockchain's job to take a view on who's a good and who's a bad actor. Nor is it its problem that the DAO was overvalued. By neutralising the events of this particular contract, the developers have transferred the cost from those who took the risk to those who didn't - i.e. they've "socialised" the risk of the DAO investors who should have taken the full hit.

Very bad.

Here's some more thoughts: https://steemit.com/ethereum/@toknormal/the-ethereum-circle-dance-more-conscious-than-it-looks