AlgoSwan
Sr. Member
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Activity: 308
Merit: 250
ancap
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June 17, 2016, 08:59:23 AM |
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wow, lol this is insane...i got orders filled at 0.0209
0.0222 now with only 1.2k btc to 0.027...lots of people gona lose alot of ETH selling now coz they dont understand whats going on,lol
can you explain what's goin' on? |
Looking to buy a verified betfair account with escrow.
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siameze
Legendary
Offline
Activity: 1064
Merit: 1000
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June 17, 2016, 09:05:00 AM |
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Im trying to buy. I just sent btc to poloniex but the network is fucking slow as shit with the mempool filled full of transactions.
Hopefully I'll be able to get some cheap but this did teach me a lesson. Always keep a btc or two on the exchanges to be able to take advantage of this.
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msfeg
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June 17, 2016, 09:05:44 AM |
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eth at bittrex dont work ,
what a shit site
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Scofield
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June 17, 2016, 09:06:14 AM |
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Only a fool would buy now. Almost 3M ETH stolen, cant wait till it hits the markets  |
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crilleaz
Full Member
Offline
Activity: 236
Merit: 100
★ Always strive for the best ★
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June 17, 2016, 09:08:52 AM |
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Kraken, Poloniex AND Bittrex down/lagging
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msfeg
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June 17, 2016, 09:09:21 AM |
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Only a fool would buy now. Almost 3M ETH stolen, cant wait till it hits the markets stolen??? btc-e devs selling there eth  |
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TReano
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June 17, 2016, 09:18:17 AM |
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RIP trust, therefor RIP ETH |
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msfeg
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June 17, 2016, 09:21:24 AM |
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wtf , it happens when btc is falling . yeah right, its was a plan. scammers why will btc-e at eth?  they never at a coin and now they do . what did the devs get?? this dump is to pay the btc-e devs . |
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Gillette
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June 17, 2016, 09:23:57 AM |
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wtf , it happens when btc is falling .
yeah right, its was a plan.
scammers
Absolutely, Vitalik is a well know russian scammer! He`s dumping his bag! |
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sirazimuth
Legendary
Offline
Activity: 3500
Merit: 3582
born once atheist
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June 17, 2016, 09:24:09 AM |
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wow, just bought me some cheap eth.
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Bitcoin...the future of all monetary transactions...and always will be
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siameze
Legendary
Offline
Activity: 1064
Merit: 1000
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June 17, 2016, 09:35:15 AM |
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wtf , it happens when btc is falling .
yeah right, its was a plan.
scammers
Absolutely, Vitalik is a well know russian scammer! He`s dumping his bag! I have never read anything like that. Stop spreading FUD! |
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citronick
Legendary
Offline
Activity: 1834
Merit: 1080
---- winter*juvia -----
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June 17, 2016, 09:49:12 AM
Last edit: June 17, 2016, 10:11:29 AM by citronick |
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will stopping my miners now help STOP or help reduce the impact of this hack?
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If I provided you good and useful info or just a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
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scv00
Newbie
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Activity: 56
Merit: 0
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June 17, 2016, 10:12:59 AM |
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Is there any official comment on this from the official ethereum website? I couldn't believe how fast it had crashed when I checked. This is the first thread I found giving a reason for the crash. |
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Vaccinus
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June 17, 2016, 10:14:35 AM |
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so what's happened now exactly, etheruem or the dao was hacked?, because i dumped already i was fearing to lose all my funds
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AlgoSwan
Sr. Member
Offline
Activity: 308
Merit: 250
ancap
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June 17, 2016, 10:20:35 AM |
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so what's happened now exactly, etheruem or the dao was hacked?, because i dumped already i was fearing to lose all my funds
I think it was not hacking but a splitting DAO vote or something. Its not a big deal I guess. Of course DAO the biggest holders of ETH, gave this crash like selling and it may continue for a while, in worst case scenario it would be around 20%. But I don't think this to happen. All I'm saying is a temporary crash creates once in a life time opportunity to go long on ETH i guess. The problem is we don't know where will be the bottom. This is why it is so important to go with options as a protective measures. Whatever you go long ETH, simply buy enough puts to cover your losses if any crash occur again. This is what the all hedge funds are doing this over and over again to make stable profits! |
Looking to buy a verified betfair account with escrow.
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wallflies
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June 17, 2016, 11:15:59 AM |
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in order to remove funds from the dao you need to split and create a child dao which has a time lock. the hacker did what has happened with some exchanges in the past i.e. a few years ago you could submit a withdrawal repeatedly within a fraction of a second and before the exchange system could catch up you could withdrawal more than you had (google it, it is 2 3 years ago), hacker of dao did similiar, split, child dao and repeatedly withdraw dao into it accumulating 3 mil. + dao in that child dao. that child dao is now locked down with the 3 mil. + dao in it and he cannot remove it to sell, the dump seen is the public panicking upon hearing this reverse FOMO, maybe FOBH - fear of bag holding?
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ArpFlush
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June 17, 2016, 11:22:15 AM |
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They are working on a soft fork atm. the leaked ether is in a child DAO so the attacker has to wait another 27 days before he can withdraw. At a later time a hard fork will be proposed.
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"Panic Selling is not an Investment Strategy"
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