COINDASH - Future of trading - Token Sale 17th July 2017

[Duchess]

Reply on slack:

People pay for $12m to develop with not $6.4m. The $7m Eth will be dumped. This is contract breach and investors have the right to request a refund/Eth rollback.

[$crypto$]

Is this serious ?

#lagu-lama

[Bambulee]

the eth is marked as fake.
Can the hacker the eth change to bitcoin?

[Praxis]

i liked the vision

What vision? All these ICOs have the same "vision"; lots of buzzwords and no substance. - Their real vision is "get rich quick".

[BlockHedge]

Once CDT is listed on exchanges, it will be the worst dumped coin in ICO history.  If any out there believe the team can still develop this project with any success with this kind of history, you may be able to get the buy of the year as ICO investors dump hard.  

Will be interesting to see how this volatility and dumping will be handled by the team as people freak out.

[Duchess]

7 million has been stolen like this ?? they should rollback ...

I doubt they will rollback the blockhain for this  , and most likely this coin has lost all volume and it will be dumped as soon as possible ,  even if the people who sent eth to the fake address will receive the coin , the devs have no funds to proceed with this project , making this coin worthless.

They have to. The Eth dev team set the precedent with DAO and they have to do it again here. The impact of future rollbacks on the Eth price was taken into account when they made the call with DAO. $7m is a lot of money to lose and $6.4m will produce an inferior product.

Everyone knew the day would come with the next big Eth related hack and now another rollback must happen.

[Praxis]

It's sad seeing all these people still having their shilling avatars...

[foodstamps]

There is no way they would "roll-back" Ethereum chain over $7 million. That is a tiny fraction of ETH market cap. Much more $ value would get destroyed from a rollback than $7,000,000.

[ODINN]

Have you all seen how arrogant dev was just before ico start, few pages back? Karma bitch.

And finally, only whitelisted chaps and domek others will get their tokens.

Well, good luck with that.

What are you talking about?
The "devs" didn't lose anything, they earned $6 million
It's people who invested that lost their money and will get worthless tokens in return.

They lost a lot. Trust of investors.

[Praxis]

That is huge amount $ 7 millions were stolen from the ICO money through that hacking. Team has secured only $ 6.5 millions. It is big big loss but team's statement on official site is very encouraging as they will keep the project up with remained money in hands. Everyone will get paid this is highest example of professionalism.

NO, because doing this they will damage all!

They should use their 6.5 million to refund the 7 million stolen.

Unfortunately it seems there's no good solution for all here. The people who sent to right address will have to compensate the ones who didn't is basically what the team is saying. Don't know, maybe it's better to just give ETH back, but than there are no tokens for the people who got scam address.    

No that's not right! The people who sent to the right address should be refunded instantly due to the fact that the team have their ETH available right now! That ETH should be given back to their rightful owners. Those who sent to the fake address, will be compensated with CDT tokens.

What an absolute shit show this has become.

If this is a scam, it's quite smart.
1) Set up a website with a capped ico (not uncapped so it doesn't look too scammy)
2) change addr in the middle of the ICO
3) pretend to be hacked
4) promise to give the scammed people tokens as a "solution"
5) actually you offload the loss to the people who invested to the right address, by making them pay an "invisible tax" to refund the scammed ones
6) go back to normal, you now have $7 million in your pocket and less angry people because they were "refunded" with tokens
I am not saying it's a scam... but if it is, it's a pretty good one .

[Praxis]

Have you all seen how arrogant dev was just before ico start, few pages back? Karma bitch.

And finally, only whitelisted chaps and domek others will get their tokens.

Well, good luck with that.

What are you talking about?
The "devs" didn't lose anything, they earned $6 million
It's people who invested that lost their money and will get worthless tokens in return.

They lost a lot. Trust of investors.

They don't need trust, they already have $6million (or maybe $12 million). :^)

[alinda]

Everyone, I urge you all to call, email and/or contact the following Israeli authorities:

Federal Police
https://www.police.gov.il/english_contentPage.aspx?pid=24&menuid=31

Mossad Intelligence Service
https://www.mossad.gov.il/eng/pages/encontactus.aspx

Here are all the team members, please save these images before they get pulled down!

From one of the images here..

Can you compare that to Matchpool bitcointalk link?

https://bitcointalk.org/index.php?topic=1752471.0

Person-->Ram Avissar
Community Manger

[crypto_unicorn]

the eth is marked as fake.
Can the hacker the eth change to bitcoin?

Push

[Freaks]

This sounds weird hackers successfully stolen huge amount even their connection to website is secure. Anyway all people compensated and will get rewarded with coins as based on their contribution amount.  

[PowerHemp]

That is huge amount $ 7 millions were stolen from the ICO money through that hacking. Team has secured only $ 6.5 millions. It is big big loss but team's statement on official site is very encouraging as they will keep the project up with remained money in hands. Everyone will get paid this is highest example of professionalism.

NO, because doing this they will damage all!

They should use their 6.5 million to refund the 7 million stolen.

Unfortunately it seems there's no good solution for all here. The people who sent to right address will have to compensate the ones who didn't is basically what the team is saying. Don't know, maybe it's better to just give ETH back, but than there are no tokens for the people who got scam address.    

No that's not right! The people who sent to the right address should be refunded instantly due to the fact that the team have their ETH available right now! That ETH should be given back to their rightful owners. Those who sent to the fake address, will be compensated with CDT tokens.

What an absolute shit show this has become.

If this is a scam, it's quite smart.
1) Set up a website with a capped ico (not uncapped so it doesn't look too scammy)
2) change addr in the middle of the ICO
3) pretend to be hacked
4) promise to give the scammed people tokens as a "solution"
5) actually you offload the loss to the people who invested to the right address, by making them pay an "invisible tax" to refund the scammed ones
6) go back to normal, you now have $7 million in your pocket and less angry people because they were "refunded" with tokens
I am not saying it's a scam... but if it is, it's a pretty good one .

Because its not his first million dollar scam.. They know what they must do

[Praxis]

This sounds weird hackers successfully stolen huge amount even their connection to website is secure. Anyway all people compensated and will get rewarded with coins as based on their contribution amount.  

Do you really think that is fair? The tokens will be worth much less (at least 50% less) because of what happened. The fair thing would be to refund with ETH!

[C The Saint]

I can't believe they have not offered a refund to people who have sent to the whitelisted address it's ridiculous the eth they raised through that address was under 250 what can they possibly do with that eth that will help the project it is a tiny amount of money in the grand scheme of things but yet they won't refund. I bet Taas fund will get a refund for their 500 eth.

They could easily set up a smart contract where people send back their CDT and get their eth equivalent in return that would be fair.

[Betfair]

The amount of Fudd here is great!! all the more reasons to invest!!

eToro is a big partner of CoinDash i saw in one of them presentations

YOU ARE SCAMMER

[bigcash2011]

Well, in my opinion such hack is not possible considering the security protocols and protected servers, even in worst case scenario if we assume that a hack occured, it could only be done by the owner or any team member who knows the protected data, so catch the culprit if you are true and sincere with the investors as he is around you, but i do not think it is going to happen,
Secondly, i think this project should be closed as no one will trust you second time and put their money up for trading in your already scam platform..

[andreykh]

This sounds weird hackers successfully stolen huge amount even their connection to website is secure. Anyway all people compensated and will get rewarded with coins as based on their contribution amount.  

Do you really think that is fair? The tokens will be worth much less (at least 50% less) because of what happened. The fair thing would be to refund with ETH!

Everyone should be aware of the fact that finance is a risky space.

The outcome as it looks now is much better than it could be. They could give nothing.