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haendehochueberfall
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June 29, 2016, 04:11:43 PM |
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Lol, what an idiotic shortsqueeze.  So dumb it hurts. Full rebound incoming. |
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Slydrule
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June 29, 2016, 04:17:04 PM |
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A Hard Fork needs to be done or anything that stops the thief getting ether that has been stolen.
This is taking so long to fix that it is causing etherium and the developers a massive lose of faith
If the developers don't sort this out real fast all faith will be lost in etherium because such a large theft was aloud to occur when it could have been stopped.
Who wants to be a part of an ecosystem that rewards stealing and refuses to stop it when it can be stopped. Just the thought of a thief holding so much ether should send etherium to Zero. And this person should be brought to justice as soon as he can be identified for attempted theft.
Any kind of blockchain ideology will be meaningless with what is occurring.
Did you realize that faith is lost when funds are recoverd and faith is lost when funds aren't recovered? Bottom line: faith is lost you're behind the curve here. Also "bringing the hacker to justice" could result in a court ruling to having to pay him out. Did you know? It's no certainty the hacker would be punished or rewarded in such a case. Personally i don't think he will be punished. Wether he would be rewarded or not would have to be seen. Would certainly be an interesting thing to watch. YOUR main problem seems to be that you entered into a contract (dao) without reading or understanding it. Don't make others responsible for that! First you have to blame yourself and second the shills that misled you into 'investing' into a thing which you don't understand and that was fundamentally broken. Also experts raised red flags about the dao before the hack. They were ignored. Now don't try to shift the blame 100% away from yourself. Blame the people that told you to invest and that 'it was a sure thing without risk' for your loss instead of the hacker who showed them to be crooked liars. How long do you think a bank would last if it was robbed and told its customers, "too bad. Your money is gone"? Banks make customers whole and customers have confidence in the banks in return. All this talk about whether code is a contract or not is just nonsense. If someone takes something that is not his he is a thief and any court will conclude that. Whoever stole these ETH did not ask permission and clearly exploited a flaw to get the ETH. Just because a bank leaves a vault unlocked by mistake one night does not mean you or anyone else has a right to go in and take what you want. Basic concepts of larceny trump this ridiculous claim that the thief was allowed to take something that was not his and no, possession is not 90% of the law. I didn't lose anything in this theft, but other people did and I bet the people saying let the thief keep his ill gotten gains are not the big losers from the theft. In fact, from what I keep reading it sounds like some people want to profit from the demise of ETH. A hard fork may be painful but its a growing pain and there is an old expression, no pain, no gain. In other words this could be a lesson learned our it could be a fatal mistake. Let this thief and any other thief who thinks about exploiting another bug in the code know that their dishonest intentions will not be rewarded. This tells the investors in ETH that the community has their backs when something goes wrong. |
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thevictimofuktyranny
Legendary
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Activity: 1092
Merit: 1004
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June 29, 2016, 04:27:36 PM
Last edit: June 29, 2016, 04:42:10 PM by thevictimofuktyranny |
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With difficulty of Ethereum jumping by 35% in 3/4 weeks
Do you reckon ASIC mining hardware is shipping amongst insiders?
From Dash coin, engineers where making small batches of ASIC X11 miners, long before commercial products became available to the community in April this year!
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haendehochueberfall
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June 29, 2016, 04:35:53 PM
Last edit: June 29, 2016, 04:52:54 PM by haendehochueberfall |
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How long do you think a bank would last if it was robbed and told its customers, "too bad. Your money is gone"? Banks make customers whole and customers have confidence in the banks in return.
All this talk about whether code is a contract or not is just nonsense. If someone takes something that is not his he is a thief and any court will conclude that. Whoever stole these ETH did not ask permission and clearly exploited a flaw to get the ETH. Just because a bank leaves a vault unlocked by mistake one night does not mean you or anyone else has a right to go in and take what you want. Basic concepts of larceny trump this ridiculous claim that the thief was allowed to take something that was not his and no, possession is not 90% of the law.
I didn't lose anything in this theft, but other people did and I bet the people saying let the thief keep his ill gotten gains are not the big losers from the theft. In fact, from what I keep reading it sounds like some people want to profit from the demise of ETH.
A hard fork may be painful but its a growing pain and there is an old expression, no pain, no gain. In other words this could be a lesson learned our it could be a fatal mistake. Let this thief and any other thief who thinks about exploiting another bug in the code know that their dishonest intentions will not be rewarded. This tells the investors in ETH that the community has their backs when something goes wrong.
1st: it's not a bank but is supposed to be a decentralized ledger that's hard to tamper with (it failed in being that) And an experimental one! You can't compare a software-experiment to a bank, really you can't. 2nd: You say the hacker took something when the contract gave it to him. There is a difference in "taking something" and "being given something". I would compare this incident more with a broken vending machine in a public space that happens to give customers more money than they put in. The hacker didn't break into any systems, right? You invested in a broken vending machine in a public space without any insurances. 3rd: he asked permisson and it was granted by the code which is supposed to be the only law according to eth sources or how else does one 'ask permission'? LOL. "Asking permission to execute code". You're killing me , smalls. Nearly falling off my chair laughing. 4th: what do you think where would be bitcoin today if it wasn't secure? It is really: you weren't fully informed about the risks of the investement by those advertising it and now you're upset. You also failed doing due dilligence. I didn't invest in it because i made my due dilligence, listened to the experts and came to the conclusion you're a retard for investing in that. Now it turns out i was right. What's your butthurt about? The red flags were everywhere. You're barking at the wrong tree, mate. Hold those responsible who were advertising it as 'the best investement of the decade'. |
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haendehochueberfall
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June 29, 2016, 05:29:47 PM |
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"dao wars", "fork wars". lol
Smoke it in a pipe. It's the most overvalued shitcoin in crypto-history.
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balu2
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June 29, 2016, 05:43:47 PM |
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This turned out to be a really good call.  |
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clovis A.
Legendary
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Activity: 1206
Merit: 1000
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June 29, 2016, 05:44:19 PM |
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Lol, comparing ETH to a bank isn't going to win me over. The only thing holding the banks up is confidence and trust. This confidence comes from the fact that the currency they hold was backed by real money (gold and silver) at one time. That ended decades ago, so now all currency is is a paper promise. How this confidence and trust is maintained is beyond me at this point. Most peeps have no clue that when you deposit currency into a bank, it's no longer yours. You effectively loan them your dollars and then they go gamble it away. Go try to actually take a sizable sum of physical cash out (not a check, but physical currency) and see how you're treated. I have no confidence in ETH or a bank any longer. If the code is god, as Vitalik has stated, then the hacker should keep his ETH. Anything less makes ETH just as centralized as the banks. Plain and simple  |
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Cloud storage is about to change
Are you ready?
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m4nki
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June 29, 2016, 07:13:36 PM |
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This turned out to be a really good call. Not really. It was given on June 19th, when ETH already almost hit its bottom and popped back up right after. |
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Bokelka
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June 29, 2016, 07:15:18 PM |
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This turned out to be a really good call. Not really. It was given on June 19th, when ETH already almost hit its bottom and popped back up right after. I do not see much price difference between now and 19th. If somebody follows the advice, he will lose money. |
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almond
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June 29, 2016, 07:58:15 PM |
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With difficulty of Ethereum jumping by 35% in 3/4 weeks
Do you reckon ASIC mining hardware is shipping amongst insiders?
From Dash coin, engineers where making small batches of ASIC X11 miners, long before commercial products became available to the community in April this year!
Interesting speculation. I expect the difficulty to increase more rapidly shortly anyways, with or without asics, because of the new generation of amd cards hitting the market today. |
Freedom of the press is guaranteed only to those who own one
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Mrpumperitis
Legendary
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Activity: 2730
Merit: 1075
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June 29, 2016, 08:59:30 PM |
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With difficulty of Ethereum jumping by 35% in 3/4 weeks
Do you reckon ASIC mining hardware is shipping amongst insiders?
From Dash coin, engineers where making small batches of ASIC X11 miners, long before commercial products became available to the community in April this year!
Interesting speculation. I expect the difficulty to increase more rapidly shortly anyways, with or without asics, because of the new generation of amd cards hitting the market today. Gd point m8, also i think in china cheap elec means they can mine btc with asics, in west its all gpu so they mine eth, soon btc mining will halve and china will join the gpu eth too. wherever a coin is mined more thats where most trade volume comes from. |
Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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tempus
Legendary
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Activity: 1960
Merit: 1128
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June 29, 2016, 09:56:56 PM |
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https://twitter.com/aantonop/status/748244203562536961LTB Live: TheDAO, ETH, Soft-Fork, DoS and what's next
A live Q&A session to discuss the latest developments in theDAO, Ethereum, the aborted soft-fork, the DoS vector that caused the soft-fork abort, the next steps (hard fork?) and the implications. Join Adam, Stephanie and Andreas and several guests for this live Q&A https://www.youtube.com/watch?v=epWjD6mlBVs
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haendehochueberfall
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June 30, 2016, 12:10:13 AM
Last edit: June 30, 2016, 12:22:50 AM by haendehochueberfall |
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  Buttcoin reddit is on fire. The dao-hack created butterfly-effects that are out of control of the eth-devs. They'll be consistently behind the curve forever. This coin can only go to zero imo. |
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Mrpumperitis
Legendary
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Activity: 2730
Merit: 1075
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June 30, 2016, 01:10:58 AM |
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Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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haendehochueberfall
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June 30, 2016, 01:56:59 AM
Last edit: June 30, 2016, 02:44:25 AM by haendehochueberfall |
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Downvoting of important and relevant info is strong in the eth-reddit, i must say.
Also aparently disagreement with the HF now can get you banned on the eth-reddit i'm reading. Lots of 'deleted' everywhere.
eth-people seem to have their mind set on splitting their network. Do we already know which exchange will list the ETH1/ETH2 pairing for the final battel?
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fat buddah
Full Member
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Activity: 329
Merit: 102
Get Ready to Make money.
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June 30, 2016, 04:20:59 AM |
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Eth doesn't have growingpains, it has growing pains. Also look how there is literally zero volume when the whale doesn't pump or dump. It's really 99% volume from the pumper. In reality there is no demand for it. I think it looks quite dangerous. Glad i'm not "invested". |
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roselee
Legendary
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Activity: 1078
Merit: 1000
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June 30, 2016, 05:48:09 AM |
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ether does well considering the shock with dao its such a pity that the dao wasnt reviewed better. reminds me of microsoft
windows with all the bugs and all the users had to suffer but microsoft still did grow
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antiscam2000
Newbie
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Activity: 27
Merit: 0
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June 30, 2016, 05:51:39 AM |
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Welcome to ethereum, where what the majority of the 'community' says is more important than the code.
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roselee
Legendary
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Activity: 1078
Merit: 1000
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June 30, 2016, 05:54:16 AM |
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Downvoting of important and relevant info is strong in the eth-reddit, i must say.
Also aparently disagreement with the HF now can get you banned on the eth-reddit i'm reading. Lots of 'deleted' everywhere.
eth-people seem to have their mind set on splitting their network. Do we already know which exchange will list the ETH1/ETH2 pairing for the final battel?
no but if you find out let us know |
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