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Author Topic: COINDASH - Future of trading - Token Sale 17th July 2017  (Read 197397 times)
Fastpow
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July 17, 2017, 02:20:48 PM
 #3301


CoinDashers, soon we will get the site back and release our official announcement about what just happened

Everyone who participate, both with the right & fraud address will get his CDT

Pleases be patient as we are trying to make things clear


Pleases? Really? What a bunch of amateurs you are. And you expect people to actually deposit funds to a trading platform when you can't even protect a simple front-page from hacks?

I'm still skeptical but if this is true, no need to really be a dick here. If it's not a scam they're probably working overtime to try to assuage fears and a typo on bitcoin talk is an absurd thing to get pissed about. Again though, this only stands so long as they keep their word.

While the hack will definitely cast a shadow over the ico and lower the initial price short term, I also think that if they handle this appropriately in the next few hours and reallly deliver, the long term value will remain. I won't lie and say I wasn't planning on potentially selling ico coins when they hit the exchange, but I also liked this project enough such that I plan to buy back in once the initial exchange dump happens to hold long term if they can fix this mess.

Would it decrease the value? Think about it; a hacked company which refunds money out of their own pockets. The down side is that they got hacked initially and that harms their trustability.

They are not refunding money though. There refunding tokens that are not worth jack shit if people can't trust the security of their platforms. If they were to refund the 7 million in ether then sure, maybe people could start moving past it. For now they're refunding us with worthless tokens.
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July 17, 2017, 02:21:07 PM
 #3302

FOOLISH  ... Why people still expect so much and look forward to getting coins ? Even if you get coins what will be its worth .... do you think this company can cope up that big loss and carry out the development plan as per there published agenda.

Ask for REFUND. Period. We don't need another shitcoin in market.

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July 17, 2017, 02:22:51 PM
 #3303

Either way project is dead and the value of the tokens will decrease once it hits exchanges anyway.
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July 17, 2017, 02:23:17 PM
 #3304

Almost invested in this as my first ICO but got cold feet after researching... glad I trusted my gut but feel bad for those who lost.

Even if they give you the tokens, I suspect this incident will scare enough investors away that they will be fairly worthless.  Hope I'm wrong.

The "correct" address is up on their Twitter now, but I can't imagine anyone sending them any money after this.
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July 17, 2017, 02:26:07 PM
 #3305

there was a warning on the forum but propably no one even notice that https://bitcointalk.org/index.php?topic=1905500.msg20159646#msg20159646

and the trophy scam of the year goes to......
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July 17, 2017, 02:28:12 PM
 #3306

We need Vitalik or the Ethereum Alliance or both to step in because otherwise ETH will dump and nobody will ever buy any ICO which equals death of Ethereum.

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July 17, 2017, 02:29:59 PM
 #3307


CoinDashers, soon we will get the site back and release our official announcement about what just happened

Everyone who participate, both with the right & fraud address will get his CDT

Pleases be patient as we are trying to make things clear


Pleases? Really? What a bunch of amateurs you are. And you expect people to actually deposit funds to a trading platform when you can't even protect a simple front-page from hacks?

I'm still skeptical but if this is true, no need to really be a dick here. If it's not a scam they're probably working overtime to try to assuage fears and a typo on bitcoin talk is an absurd thing to get pissed about. Again though, this only stands so long as they keep their word.

While the hack will definitely cast a shadow over the ico and lower the initial price short term, I also think that if they handle this appropriately in the next few hours and reallly deliver, the long term value will remain. I won't lie and say I wasn't planning on potentially selling ico coins when they hit the exchange, but I also liked this project enough such that I plan to buy back in once the initial exchange dump happens to hold long term if they can fix this mess.

Would it decrease the value? Think about it; a hacked company which refunds money out of their own pockets. The down side is that they got hacked initially and that harms their trustability.

They are not refunding money though. There refunding tokens that are not worth jack shit if people can't trust the security of their platforms. If they were to refund the 7 million in ether then sure, maybe people could start moving past it. For now they're refunding us with worthless tokens.

That is why they need to do something to make them have a worth.
Reduce the 12million cap, to 3million now that they've lost 7million. Devs shouldn't be trusted with any more than that.
Burn some tokens, out of the security developers wallet would be the best start since he is shit  Cheesy this will help with weighting out the negative news and hopefully create a stable demand when listed on an exchange.

Burning tokens would help, but don't get me wrong, I agree with everyone else that the value is definitely going to be impacted short term. However, the reality is that most of these ICOs, including the responsible ones, are raising multiples of what any comparatively sized startup in Silicon Valley raises at their stage of growth. There's no way a team this small at this stage should have a burn rate of 1M+ a month, so rationally speaking the next six months to a year are pretty much going to go as though the hack never happened.

That said, it's not like crypto markets behave rationally, so I don't expect that to be the general outlook. On top of that, it's not even crazy not to trust a trading platform that can't secure their own shit, so I'm not entirely hopeful that this project survives this, just pointing out that there is a way where they still can succeed, but it's going to be a Herculean task to pull off and I'm not sure they're up for it.
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July 17, 2017, 02:30:08 PM
 #3308

We need Vitalik or the Ethereum Alliance or both to step in because otherwise ETH will dump and nobody will ever buy any ICO which equals death of Ethereum.

THE next DAO Wink

SIRX:SPsMCMcy9TC4vkfQNCiYmgMPym8o8pFtn5
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July 17, 2017, 02:31:02 PM
 #3309

We need Vitalik or the Ethereum Alliance or both to step in because otherwise ETH will dump and nobody will ever buy any ICO which equals death of Ethereum.
they are doing something they have marked their wallet as FAKE_Coindash.

but if they do something, i think ethereum will not be non governance anymore  Grin
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July 17, 2017, 02:32:23 PM
 #3310

If this hacking was not appearing till now the whole target had been achieved successfully as many people were expecting to be. It is good that team communicated with people in time to stop them from further losses. It is going to finish successfully within hours once the crowdfunding resumes from where it was interrupted.

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July 17, 2017, 02:33:06 PM
 #3311

WTF, how could it be possible. That is really a disaster to the investors. Is that means the hackers send ETH to his address then he can get DCT? That is funny.

 
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July 17, 2017, 02:33:22 PM
 #3312


CoinDashers, soon we will get the site back and release our official announcement about what just happened

Everyone who participate, both with the right & fraud address will get his CDT

Pleases be patient as we are trying to make things clear


I hope this is true.....
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July 17, 2017, 02:33:31 PM
 #3313

as their Title said ... Future of Trading ...  Grin Grin Grin Grin Grin ... that will be Future of Crypto with cons like these!!!

Sorry guys for your loss ... I warned you this very evening!!!!!

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July 17, 2017, 02:33:48 PM
 #3314

damn, wtf guys. just saw the news......

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July 17, 2017, 02:34:35 PM
 #3315

If this hacking was not appearing till now the whole target had been achieved successfully as many people were expecting to be. It is good that team communicated with people in time to stop them from further losses. It is going to finish successfully within hours once the crowdfunding resumes from where it was interrupted.

It should be finished already. If they send the tokens to the people who got tricked, it should be done.

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July 17, 2017, 02:35:15 PM
 #3316

damn, wtf guys. just saw the news......

which one ??
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July 17, 2017, 02:41:27 PM
 #3317

damn, wtf guys. just saw the news......

which one ??


website got hacked. $7million stolen
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July 17, 2017, 02:41:51 PM
 #3318

"The Token Sale is done, do not send any ETH to any address. Official statement regarding the hack will be released soon."
From Twitter
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July 17, 2017, 02:42:27 PM
 #3319

Only if people would have just checked the address if its a contact or not.

But people have habit of Investing Blindly in ICO's. Now Suffer..
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July 17, 2017, 02:46:14 PM
 #3320

How could this even happen? It blows my mind how someone would do something so dishonest to the community. This will have strong lasting effects that will be negative towards all coins and upcoming sales.

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