[ANN] eBTC | The New (ERC20) Bitcoin

[bryannb12]

HODL

[marcelocoin]

https://mercatox.com/exchange/EBTC/BTC who already use this exchange? Reliable, many have difficulties in buying in ED, does anyone have a security guarantee when purchasing MERCATOX?

[karel0001]

OOOH NOOO
I just bought 0.0013 EBTC for a price of 1200 ETH a piece instead of 1200 EBTC for a price of 0.0013 ETH

[nuskill]

I hope this gets added to some other small exchange. I will not be trading on ethtrader/etherdelta or whatever it's name is. Just a terrible experience. So until then, my 2500 eBTC are very safe.

https://mercatox.com/exchange/EBTC/BTC

lol many buy orders but no sell order already. Seems its going high!

[therhslv]

OOOH NOOO
I just bought 0.0013 EBTC for a price of 1200 ETH a piece instead of 1200 EBTC for a price of 0.0013 ETH

Lol , dont buy or sell if you cant do it . Better Ask somebody before buying

[therhslv]

I am a software developer and when I had a look at the sourcecode of eBTCE I was sure that the dev can airdrop eBTCE forever.

But since I had no experience with coding Ether contracts I created a token with the sourcecode of eBTCE, just to be sure I didn't miss something and to proof that it's really a scam.

I took the sourcecode of eBTCE from here:

https://etherscan.io/address/0x2fd41f516fac94ed08e156f489f56ca3a80b04d0#code

I changed the total supply to 10000 tokens and implemented a counter (the "distributed" variable, line 44 in the sourcecode) of the total airdropped tokens.

I then compiled and deployed this contract to the "ropsten" testnet and airdropped 5 times 2457 coins to a random address in the testnet.

The total supply sould be: 10000.00000000 coins
I airdropped 5x2457.19916000
distributed variable shows correct value: 5x2457.19916000=12285.99580000

The problem is, 12285.99580000 is bigger than the total supply of 10000.00000000...

You can see the sourcecode of my "scam-proof-testtoken" here:
https://ropsten.etherscan.io/address/0xf0fc10a498b98f3f0fbb11245c424020e2247d29#code

You can see the distributed and totalsupply variables here:
https://ropsten.etherscan.io/address/0xf0fc10a498b98f3f0fbb11245c424020e2247d29#readContract

You can see the receiver of the 5 times airdropped tokens here:
https://ropsten.etherscan.io/address/0xadaf150b905cf5e6a778e553e15a139b6618bbb7#tokentxns

As the owner of the "scam-proof-testtoken" I can now further airdrop as many times 2457.19916000 tokens as I want to whatever address I want. Forever.

Because of the missing balance checks in the distributeEBTC function there is NO limit (well, the GAS I have to pay for every 2457 eBTC airdrop)!

This is why it is a scam and it is unbelievable that in 2017 one can achieve a 15 million dollar major scam with only 8 lines of code, a design/website, 1h of work and within only a few days.



(sorry US people for my nickname, that was after I lost money because of USA taking down btc-e)

The problem is , you didnt create 10 million but you create 1,157,920,892,373,160,000,000,000,000,000,000,000   Stop FUD

[sieemma]

So what is going on now? someone explain better to me. Was the post on reddit against ebtc a total FUD or what? On what basis was it debunk?

[karel0001]

OOOH NOOO
I just bought 0.0013 EBTC for a price of 1200 ETH a piece instead of 1200 EBTC for a price of 0.0013 ETH

Lol , dont buy or sell if you cant do it . Better Ask somebody before buying

I did many orders before.
I just confused the 2 input fields. Bye bye 1.8ETH

[nuskill]

So what is going on now? someone explain better to me. Was the post on reddit against ebtc a total FUD or what? On what basis was it debunk?

I'm not sure.
To be honest for me the code seems quite fine. Will test it later with the code and a new token and then report.

But mostly FUD i guess...because before there were people claiming satoshi21 announced it and want to repair it (which is not possible in ether smart contracts to change after its deployed) ....some missed the train and buy in cheap is my guess

[marcelocoin]

Look how wonderful, I send some eBTC to mercadox, believe me, it took 2 minutes for this to complete the transaction and I can sell it if I want to ahhaha, what a great thing!

[Kid_diK]

Dummyes dumping their tokens, smart ones buy it. Price will be $3 piece in next 24hrs

so now how many ebtc and how many eth have you made trading on etherdelta since the airdrop?

Well holding over 73k tokens at the moment and straight 0.01 ETH

[Crypto privacy]

Can the basic information on the project and what is it to place on the main post?
The first time you hit a page it's impossible to understand what kind of project it is, what it's about, what goals, etc.

[Kid_diK]

Dummyes dumping their tokens, smart ones buy it. Price will be $3 piece in next 24hrs

so now how many ebtc and how many eth have you made trading on etherdelta since the airdrop?

Well holding over 73k tokens at the moment and straight 0.01 ETH

wild!  now thats what i call a day trader.

I barely had any sleep last 5 days lol

[aladdin579179]

I have messed up on ethedelta. I lost more than 74 ETH, I changed 74 ETH and got there EBT 0.0018. A big mistake of mine.

[sonaciku]

Just hodl and love ebtc guys simple.

[nuskill]

https://etherscan.io/token/0x2fd41f516fac94ed08e156f489f56ca3a80b04d0

i see 21 Million and not a single one more....

so for now everything said that the Dev is producing himself a bag is just FUD

if someone wants to give his Ether to me instant of Etherdelta we might find a good deal (better as you guys do with ED lol)

[Florg]

I have messed up on ethedelta. I lost more than 74 ETH, I changed 74 ETH and got there EBT 0.0018. A big mistake of mine.

Yeah its a common mistake I've been noticing.  Etherdelta is like the wild west, no room for mistakes.  One of the downsides of decentralization.

[LukkasG]

if it had someone we could trust .. and every 1 send a small amount of eBTC .. to add in some exchange .. like coinexchange ..

[rejin29x]

Just hodl and love ebtc guys simple.

Yea thats so simple

[karel0001]

I have messed up on ethedelta. I lost more than 74 ETH, I changed 74 ETH and got there EBT 0.0018. A big mistake of mine.

The same happened to me:( But I only lost 1.8 ETH