MEMBERS OF ETHEREUM TO RETURN ETC TO DAO INVESTORS PETITION

[RastoMan]

UPDATE - Lots of rumours circulating - Large amount of DAO ETC Funds Have Been Moved To a  POLONIEX Address - POLONIEX is aware of the situation

https://twitter.com/eth_classic/status/763341172265848832

What is the update to this? It is like ETC holders and supporters are in denial of this and they are ignoring it. They all hail that the ETC from the white hat hackers will be returned but it might not be true. Is this the reason why ETC is going down this quickly?

I'd say that is the reason, as people like to avoid uncertainty.
But once the coins are sold we have clean blockchain

The ETC of the Ethereum Foundation and some big holders should be sold to the people who like to own that.

[Minecache]

UPDATE - Lots of rumours circulating - Large amount of DAO ETC Funds Have Been Moved To a  POLONIEX Address - POLONIEX is aware of the situation

https://twitter.com/eth_classic/status/763341172265848832

What is the update to this? It is like ETC holders and supporters are in denial of this and they are ignoring it. They all hail that the ETC from the white hat hackers will be returned but it might not be true. Is this the reason why ETC is going down this quickly?

I'd say that is the reason, as people like to avoid uncertainty.
But once the coins are sold we have clean blockchain

ETC criminal chain will never be clean because of the way it's come about and the type of criminal elements it attracts.

[bbc.reporter]

UPDATE - Lots of rumours circulating - Large amount of DAO ETC Funds Have Been Moved To a  POLONIEX Address - POLONIEX is aware of the situation

https://twitter.com/eth_classic/status/763341172265848832

What is the update to this? It is like ETC holders and supporters are in denial of this and they are ignoring it. They all hail that the ETC from the white hat hackers will be returned but it might not be true. Is this the reason why ETC is going down this quickly?

I'd say that is the reason, as people like to avoid uncertainty.
But once the coins are sold we have clean blockchain

The ETC of the Ethereum Foundation and some big holders should be sold to the people who like to own that.

Should? You cannot make them sell what they do not want to sell. It is also better for them to hold a stake in ETC in case the platform becomes successful. Trying to destroy it will only be a waste of resources.

[DAOinvestorwantsETC]

UPDATE - Lots of rumours circulating - Large amount of DAO ETC Funds Have Been Moved To a  POLONIEX Address - POLONIEX is aware of the situation

https://twitter.com/eth_classic/status/763341172265848832

What is the update to this? It is like ETC holders and supporters are in denial of this and they are ignoring it. They all hail that the ETC from the white hat hackers will be returned but it might not be true. Is this the reason why ETC is going down this quickly?

http://www.newsbtc.com/2016/08/11/white-hat-hackers-could-have-crashed-ethereum-classic/



Its unbelievable that Ethereum gave a statement of securing 7.2 million funds in the case a HF didn't gain approval.
Now the situation is that nobody knows what the hell is going on with DAO ETC which is being sent around. Furthermore i don;t even know whether to trust the White hat who claimed to have secured it. I just don;t understand why he would come public with his identity if he isn't going to return it therefore i am giving this situation the benefit of the doubt.

I don't really know whats going on, I will update when the situation is clearer.

What a mess of a situation, I had so much hope for the DAO when i invested - and its just led to a bunch of BS.

[Minecache]

UPDATE - Lots of rumours circulating - Large amount of DAO ETC Funds Have Been Moved To a  POLONIEX Address - POLONIEX is aware of the situation

https://twitter.com/eth_classic/status/763341172265848832

What is the update to this? It is like ETC holders and supporters are in denial of this and they are ignoring it. They all hail that the ETC from the white hat hackers will be returned but it might not be true. Is this the reason why ETC is going down this quickly?

http://www.newsbtc.com/2016/08/11/white-hat-hackers-could-have-crashed-ethereum-classic/



Its unbelievable that Ethereum gave a statement of securing 7.2 million funds in the case a HF didn't gain approval.
Now the situation is that nobody knows what the hell is going on with DAO ETC which is being sent around. Furthermore i don;t even know whether to trust the White hat who claimed to have secured it. I just don;t understand why he would come public with his identity if he isn't going to return it therefore i am giving this situation the benefit of the doubt.

I don't really know whats going on, I will update when the situation is clearer.

What a mess of a situation, I had so much hope for the DAO when i invested - and its just led to a bunch of BS.

How much did you invest in DAO and have you received your refund in ETH? I also invested and now have my refund in ETH. I don't think it's quite as simple as you imagine to return the white hat DAO ETC criminal coin as you just with the click of a finger/moose. I also believe that the white hats deserve something for their endeavours.

[DAOinvestorwantsETC]

UPDATE - Lots of rumours circulating - Large amount of DAO ETC Funds Have Been Moved To a  POLONIEX Address - POLONIEX is aware of the situation

https://twitter.com/eth_classic/status/763341172265848832

What is the update to this? It is like ETC holders and supporters are in denial of this and they are ignoring it. They all hail that the ETC from the white hat hackers will be returned but it might not be true. Is this the reason why ETC is going down this quickly?

http://www.newsbtc.com/2016/08/11/white-hat-hackers-could-have-crashed-ethereum-classic/



Its unbelievable that Ethereum gave a statement of securing 7.2 million funds in the case a HF didn't gain approval.
Now the situation is that nobody knows what the hell is going on with DAO ETC which is being sent around. Furthermore i don;t even know whether to trust the White hat who claimed to have secured it. I just don;t understand why he would come public with his identity if he isn't going to return it therefore i am giving this situation the benefit of the doubt.

I don't really know whats going on, I will update when the situation is clearer.

What a mess of a situation, I had so much hope for the DAO when i invested - and its just led to a bunch of BS.

How much did you invest in DAO and have you received your refund in ETH? I also invested and now have my refund in ETH. I don't think it's quite as simple as you imagine to return the white hat DAO ETC criminal coin as you just with the click of a finger/moose. I also believe that the white hats deserve something for their endeavours.

You would expect the White hats tp be pretty transparant about what they are doing with the funds before sending them. They know the funds are being watched closely.
They would announce that they are sending the funds to X address & Y Address for this reason or that.
So far - Nada.
We'll have to wait and see how this plays out i guess.

[Minecache]

UPDATE - Lots of rumours circulating - Large amount of DAO ETC Funds Have Been Moved To a  POLONIEX Address - POLONIEX is aware of the situation

https://twitter.com/eth_classic/status/763341172265848832

What is the update to this? It is like ETC holders and supporters are in denial of this and they are ignoring it. They all hail that the ETC from the white hat hackers will be returned but it might not be true. Is this the reason why ETC is going down this quickly?

http://www.newsbtc.com/2016/08/11/white-hat-hackers-could-have-crashed-ethereum-classic/



Its unbelievable that Ethereum gave a statement of securing 7.2 million funds in the case a HF didn't gain approval.
Now the situation is that nobody knows what the hell is going on with DAO ETC which is being sent around. Furthermore i don;t even know whether to trust the White hat who claimed to have secured it. I just don;t understand why he would come public with his identity if he isn't going to return it therefore i am giving this situation the benefit of the doubt.

I don't really know whats going on, I will update when the situation is clearer.

What a mess of a situation, I had so much hope for the DAO when i invested - and its just led to a bunch of BS.

How much did you invest in DAO and have you received your refund in ETH? I also invested and now have my refund in ETH. I don't think it's quite as simple as you imagine to return the white hat DAO ETC criminal coin as you just with the click of a finger/moose. I also believe that the white hats deserve something for their endeavours.

You would expect the White hats tp be pretty transparant about what they are doing with the funds before sending them. They know the funds are being watched closely.
They would announce that they are sending the funds to X address & Y Address for this reason or that.
So far - Nada.
We'll have to wait and see how this plays out i guess.

Maybe the white hats don't want to risk revealing themselves. Afterall the black hats, who having shown their truely disgusting nefarious colors, would more than likely go on to target them in some way.

[RastoMan]

UPDATE - Lots of rumours circulating - Large amount of DAO ETC Funds Have Been Moved To a  POLONIEX Address - POLONIEX is aware of the situation

https://twitter.com/eth_classic/status/763341172265848832

What is the update to this? It is like ETC holders and supporters are in denial of this and they are ignoring it. They all hail that the ETC from the white hat hackers will be returned but it might not be true. Is this the reason why ETC is going down this quickly?

http://www.newsbtc.com/2016/08/11/white-hat-hackers-could-have-crashed-ethereum-classic/



Its unbelievable that Ethereum gave a statement of securing 7.2 million funds in the case a HF didn't gain approval.
Now the situation is that nobody knows what the hell is going on with DAO ETC which is being sent around. Furthermore i don;t even know whether to trust the White hat who claimed to have secured it. I just don;t understand why he would come public with his identity if he isn't going to return it therefore i am giving this situation the benefit of the doubt.

I don't really know whats going on, I will update when the situation is clearer.

What a mess of a situation, I had so much hope for the DAO when i invested - and its just led to a bunch of BS.

How much did you invest in DAO and have you received your refund in ETH? I also invested and now have my refund in ETH. I don't think it's quite as simple as you imagine to return the white hat DAO ETC criminal coin as you just with the click of a finger/moose. I also believe that the white hats deserve something for their endeavours.

You would expect the White hats tp be pretty transparant about what they are doing with the funds before sending them. They know the funds are being watched closely.
They would announce that they are sending the funds to X address & Y Address for this reason or that.
So far - Nada.
We'll have to wait and see how this plays out i guess.

Maybe the white hats don't want to risk revealing themselves. Afterall the black hats, who having shown their truely disgusting nefarious colors, would more than likely go on to target them in some way.

So the white hat cannot sell the ETC in exchanges if they want to remain anonymous. It can donate the ETC.

[dumana]

More update:
https://www.reddit.com/r/ethereum/comments/4xasg3/follow_up_statement_on_the_etc_salvaged_from/?st=irrtyomt&sh=ef321958

[GreenBits]

More update:
https://www.reddit.com/r/ethereum/comments/4xasg3/follow_up_statement_on_the_etc_salvaged_from/?st=irrtyomt&sh=ef321958

The apologist on the Reddit thread are hilarious, it's almost impossible to defend this action or hold it in good faith. There was no need to do this; this was a malicious and possibly illegal act before the exchange froze the coins.

[vapourminer]

The apologist on the Reddit thread are hilarious, it's almost impossible to defend this action or hold it in good faith. There was no need to do this; this was a malicious and possibly illegal act before the exchange froze the coins.

this part was the best:

Also, a large portion of the community does not have the technical ability to safely work both with ETC and ETH in the same address; therefore, returning part of salvaged ETC in ETH seemed to be the safest for all the parties involved.

https://www.reddit.com/r/ethereum/comments/4xasg3/follow_up_statement_on_the_etc_salvaged_from/?st=irrtyomt&sh=ef321958

yes, people are too stupid to take care of their coins, so we will do it for them. riiiiight. of course peeps were stupid to invest in the 1st place so maybe that does make sense.

FULL DISCLOSURE: i tossed some coin at the dao.

[bbc.reporter]

The Ethereum foundation have lost the confidence of the people. Especially the people here in the forum who knows what is really going on. They are as black as the DAO attacker. Now I think it is all a sham from the beginning. If that is true then ETC and ETH could only be selling dreams and fantasies and what it could do in theory. In practice it is only a toy that Vitalik knew will not work and there was an argument from a chatlog with Gmaxwell that says that Vitalik's ideas under the hood of Ethereum will not work.

[BFVMG]

Any update on the pre-fork DAO tokens? Is it going to be refunded to investors?

[GreenBits]

Any update on the pre-fork DAO tokens? Is it going to be refunded to investors?

As the tokens have lost their backing (the ETH/ETC underlying the asset), I think they are worthless and not quite a priority at the moment. It would be like redistributing used stratch off tickets. Eth Foundation is too concerned with the multiple millions of dollars of ETC in its possession, those DAO tokens have been put on a very high shelf for the moment. Also, I don't think people will speculate on these knowing they are flawed and valueless, but I have been surprised before.

[NorthPixel]

Any update on the pre-fork DAO tokens? Is it going to be refunded to investors?

For the ETH DAO tokens, they have been returned to the original holders. For the ETC ones, some of them will be returned.

[DAOinvestorwantsETC]

Good article.

https://medium.com/@jackfru1t/the-robin-hood-group-and-etc-bdc6a0c111c3#.be2aj8pl7

[bbc.reporter]

Good article.

https://medium.com/@jackfru1t/the-robin-hood-group-and-etc-bdc6a0c111c3#.be2aj8pl7

Very good article. But are the things written here all true? It could be that they are because they have posted all over reddit about being involved one way or another. A very sloppy job by them. They expected the original chain to go away that is why they did not have any interest in the ETC by them. Now that it has survived they tried to dump it on Polo and Kraken.

[suchmoon]

Good article.

https://medium.com/@jackfru1t/the-robin-hood-group-and-etc-bdc6a0c111c3#.be2aj8pl7

Very good article. But are the things written here all true? It could be that they are because they have posted all over reddit about being involved one way or another. A very sloppy job by them. They expected the original chain to go away that is why they did not have any interest in the ETC by them. Now that it has survived they tried to dump it on Polo and Kraken.

The article cites a lot of sources and verifiable facts. At the very least you can look at those and make up your own mind, unlike with the Bity explanation for the dump attempt, which was mostly opinion and speculation.

[Tacalt]

Some more ETH drama and another change to make some nice money on a flip? Sign me up.

[dumana]

Some more ETH drama and another change to make some nice money on a flip? Sign me up.

I am not sure about future events, but it seems some ETC pumpers have made good money out of the lose of some holders.