VERITASEUM DISCUSSION THREAD

[Costix]

2FA Hack https://youtu.be/kHI90LbBwaQ?t=54s

[paulmaritz]

Veritaseum and VERI Price Show Resilience in Face of $8.4M Hack and More: http://www.cryptocoinupdates.com/veritaseum-and-veri-price-show-resilience-in-face-of-8-4m-hack-and-more/

[azmojo]

2FA Hack https://youtu.be/kHI90LbBwaQ?t=54s

Thanks. I guess I'm wondering whether it was a texted code or the Authenticator app. I would think with the Authenticator app it would still be pretty difficult to "hack?" The video suggests that you could trick someone in to texting the code to you but you'd only have a few seconds and you'd have to be quick, and I doubt anyone at VERI was stupid enough to do that.

[jvper]

I think we should just relax. Everybody should just sit back and enjoy the price soar in August. Every project that was hurt for hacking or the alike saw incredible surge in prices: for example: Komodo and Ether (DAO). Komodo, for example, surged right after. It is weird, I know. But, empirically speaking, it is true.

[realbigs21024]

I am really upset i missed the ICO on this one. i was not able to because of hackers they have gotten so brave these days. they go as far as making vids about you and fabricating lies in attempt to get you to pay them btc to remove the vids. hell they even got to where on here they will make stuff up and threaten to make you look bad hence me, lol but sorry i wish i was able to be a part of this

[greyswan]

I am really upset i missed the ICO on this one.
i wish i was able to be a part of this

Me too, Bigs But that's why god invented Etherdelta. BUY @ .72000!!!

[vmfx]

Since the owners of the company issue and control 99% of the tokens, it would seem the $8 million would be be more than the entire capitalization of the company itself making the outstanding tokens null and void. Easy to print money when money has a value but outside of the capital raised theres no real value in these tokens to date.

So to keep it real...

How can we access the Veritaseum blockchain to see how the funds were stolen, what wallets they came from and how they were moved ?

In the interest of transparency this would be a good thing - without this who is to say the company didnt sell the funds themselves and "hack" themselves ?

[Steffoboy]

Since the owners of the company issue and control 99% of the tokens, it would seem the $8 million would be be more than the entire capitalization of the company itself making the outstanding tokens null and void. Easy to print money when money has a value but outside of the capital raised theres no real value in these tokens to date.

So to keep it real...

How can we access the Veritaseum blockchain to see how the funds were stolen, what wallets they came from and how they were moved ?

In the interest of transparency this would be a good thing - without this who is to say the company didnt sell the funds themselves and "hack" themselves ?

The wallet address is in an earlier post in this thread, however it will be impossible to track them, since they got gobbled up by buyers in a matter of hours and swapped for ethers or bitcoin, so its no way to know as an outsider what has happened.

Until someone is arrested the truth will not come out, and it seems to me the amount is to small to render some massive hunt aswell, however i wouldn't know for sure. The MT-gox hacker was arrested a few days ago, so never say never.

https://www.coindesk.com/coindesk-explainer-btc-e-arrest-mt-gox-connection-big-news/

Either you trust what Reggie said, or dream up whatever reason that fits your mood. Seems to me that the resent price drops is for bitcoin mostly, perhaps people wants to capitalize on the hard fork, and get some free Bitcoin Cash for the value of some of their Veritas,

The amount of free Bitcoin cash atm is like 20% or 500usd for every Bitcoin cash. However i think that would drop to way lower levels the Aug 1 when all try to dump their Bcash in a frenzy.

[rubbertoe9]

The market cap of veritaseum is over than 350 million dollars but we're still forced to trade it only etherdelta Exchange thing. I can't understand why the team can't make the coin get on a real Exchange like bittrex?

LOL

Thats a good one

[Steffoboy]

The market cap of veritaseum is over than 350 million dollars but we're still forced to trade it only etherdelta Exchange thing. I can't understand why the team can't make the coin get on a real Exchange like bittrex?

LOL

Thats a good one

Yeah haha, however i read that no new Ico's has been added for a while, its some kinda congestion they say.

[vmfx]

The wallet address is in an earlier post in this thread, however it will be impossible to track them, since they got gobbled up by buyers in a matter of hours and swapped for ethers or bitcoin, so its no way to know as an outsider what has happened.

So no transparency then in this transparent system ? This is the reason people trust in the blockchain but seems like it's not happening here - time to move on

[Steffoboy]

The wallet address is in an earlier post in this thread, however it will be impossible to track them, since they got gobbled up by buyers in a matter of hours and swapped for ethers or bitcoin, so its no way to know as an outsider what has happened.

So no transparency then in this transparent system ? This is the reason people trust in the blockchain but seems like it's not happening here - time to move on

it is transparent, but its not a oneman task to find the end user of a heist so therefore uninvestigatable as for the time it would consume

[ngin-x]

The market cap of veritaseum is over than 350 million dollars but we're still forced to trade it only etherdelta Exchange thing. I can't understand why the team can't make the coin get on a real Exchange like bittrex?

LOL

Thats a good one

Yeah haha, however i read that no new Ico's has been added for a while, its some kinda congestion they say.

Plenty of new ICOs have been added off late. OmiseGo, TenX, Particl, Status, Funfair, AdToken etc. Fact is Bittrex and infact any other exchange for this matter will not touch this scamcoin with a 10 foot barge pole.

[Masiah]

The wallet address is in an earlier post in this thread, however it will be impossible to track them, since they got gobbled up by buyers in a matter of hours and swapped for ethers or bitcoin, so its no way to know as an outsider what has happened.

So no transparency then in this transparent system ? This is the reason people trust in the blockchain but seems like it's not happening here - time to move on

Veritas runs on the ethereum blockchain.
https://etherscan.io/token/0x8f3470A7388c05eE4e7AF3d01D8C722b0FF52374

[paulmaritz]

Since the owners of the company issue and control 99% of the tokens, it would seem the $8 million would be be more than the entire capitalization of the company itself making the outstanding tokens null and void. Easy to print money when money has a value but outside of the capital raised theres no real value in these tokens to date.

So to keep it real...

How can we access the Veritaseum blockchain to see how the funds were stolen, what wallets they came from and how they were moved ?

In the interest of transparency this would be a good thing - without this who is to say the company didnt sell the funds themselves and "hack" themselves ?

Keep it real by getting your facts straight before posting here, otherwise you will just be ignored.

[paulmaritz]

The market cap of veritaseum is over than 350 million dollars but we're still forced to trade it only etherdelta Exchange thing. I can't understand why the team can't make the coin get on a real Exchange like bittrex?

LOL

Thats a good one

Yeah haha, however i read that no new Ico's has been added for a while, its some kinda congestion they say.

Nah, congestion is not the problem. They have added plenty of other tokens, but choose not to play fair when it comes to VERI.

[paulmaritz]

The wallet address is in an earlier post in this thread, however it will be impossible to track them, since they got gobbled up by buyers in a matter of hours and swapped for ethers or bitcoin, so its no way to know as an outsider what has happened.

So no transparency then in this transparent system ? This is the reason people trust in the blockchain but seems like it's not happening here - time to move on

Yes, move along! Take your half-assed assumptions and outright lies along with you.

[ngin-x]

The wallet address is in an earlier post in this thread, however it will be impossible to track them, since they got gobbled up by buyers in a matter of hours and swapped for ethers or bitcoin, so its no way to know as an outsider what has happened.

So no transparency then in this transparent system ? This is the reason people trust in the blockchain but seems like it's not happening here - time to move on

Why are you expecting transparency here? Veritaseum is a one man show. One person controls practically all of the coins. Only a miniscule percentage has been released in the wild to prop up the price with the help of duffers who will pay $250 for a coin. He can hack himself again and again and nobody will be any wiser.

[paulmaritz]

ngin-x We know. You love Veritaseum. You love it so much that you choose to stick around. Keep the love coming!

[Steffoboy]

The wallet address is in an earlier post in this thread, however it will be impossible to track them, since they got gobbled up by buyers in a matter of hours and swapped for ethers or bitcoin, so its no way to know as an outsider what has happened.

So no transparency then in this transparent system ? This is the reason people trust in the blockchain but seems like it's not happening here - time to move on

Why are you expecting transparency here? Veritaseum is a one man show. One person controls practically all of the coins. Only a miniscule percentage has been released in the wild to prop up the price with the help of duffers who will pay $250 for a coin. He can hack himself again and again and nobody will be any wiser.

Thats not true half was up for grabs, but 2 million only where sold, people had other things to do, so dont say that a minuscule amount was "released" it was a minuscule interest of buying, and now its a huge will to start crying rivers.