[ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!!

[y3804]

OKAY PEOPLE. SERIOUSLY.

REMOVE YOUR BUY ORDERS, ALL OF THEM. I don't know if Busoni (dev of Poloniex) has stopped FAC deposits.

My fear is that people can sell for BTC now, and when Busoni rollbacks to the past blockchain (before fork), everyone will have their coins back in their wallet.

I've never actually went through a fork like this, but I do know DOGE and WDC have forked in the past. I don't know about what happens to trading on exchanges. Buy at your own risk.

but how can anyone send faircoins to the exchange when everyone's coins are orphaned?

Pabloangello, depends on whether the dev is capable of rolling back to the last 'good' block.

shadypepe, well, the attacker can probably send his coins to Poloniex. That's what I fear.

I actually don't know the technicalities, but some people say it's even possible to create transactions, rollback, and confirm them again at a later point, which would completely destroy FAC. I think we'll have to ask someone more knowledgeable, unfortunately.

[pabloangello]

OKAY PEOPLE. SERIOUSLY.

REMOVE YOUR BUY ORDERS, ALL OF THEM. I don't know if Busoni (dev of Poloniex) has stopped FAC deposits.

My fear is that people can sell for BTC now, and when Busoni rollbacks to the past blockchain (before fork), everyone will have their coins back in their wallet.

I've never actually went through a fork like this, but I do know DOGE and WDC have forked in the past. I don't know about what happens to trading on exchanges. Buy at your own risk.

but how can anyone send faircoins to the exchange when everyone's coins are orphaned?

Pabloangello, depends on whether the dev is capable of rolling back to the last 'good' block.

shadypepe, well, the attacker can probably send his coins to Poloniex. That's what I fear.

I actually don't know the technicalities, but some people say it's even possible to create transactions, rollback, and confirm them again at a later point, which would completely destroy FAC. I think we'll have to ask someone more knowledgeable, unfortunately.

I have 2000 FAC on nxt-e from the initial shares. Hope I will can withdraw them soon.

[WarrenP]

OKAY PEOPLE. SERIOUSLY.

REMOVE YOUR BUY ORDERS, ALL OF THEM. I don't know if Busoni (dev of Poloniex) has stopped FAC deposits.

My fear is that people can sell for BTC now, and when Busoni rollbacks to the past blockchain (before fork), everyone will have their coins back in their wallet.

I've never actually went through a fork like this, but I do know DOGE and WDC have forked in the past. I don't know about what happens to trading on exchanges. Buy at your own risk.

but how can anyone send faircoins to the exchange when everyone's coins are orphaned?

Pabloangello, depends on whether the dev is capable of rolling back to the last 'good' block.

shadypepe, well, the attacker can probably send his coins to Poloniex. That's what I fear.

I actually don't know the technicalities, but some people say it's even possible to create transactions, rollback, and confirm them again at a later point, which would completely destroy FAC. I think we'll have to ask someone more knowledgeable, unfortunately.

I have 2000 FAC on nxt-e from the initial shares. Hope I will can withdraw them soon.

I also have coins in nxt-e and poloniex 

[jrich76]

Dev just confirmed they are fixing it soon, and going to Mintpal tonight

[WarrenP]

Dev just confirmed they are fixing it soon, and going to Mintpal tonight

Good news if that is the dev saying that

[fair-cointeam]

Just letting you guys know we're working on it
can't really say anything at this point

if we do have a fix, we'll need everybody's help. but that's for later
for right now, stay cool

[pabloangello]

Dev just confirmed they are fixing it soon, and going to Mintpal tonight

Confirming what exactly? So shouldn't I buy for 10 sat? I will not get what I buy?

[y3804]

You need to do this ASAP, dev. Or else the attacker could essentially edit all the past transactions and reward himself with the coins, deposit into exchanges, withdraw BTC, etc. The possibilities for an attacker are endless at this point.

Hope you know what to do, or else we're fucked for real

[jrich76]

Dev just confirmed they are fixing it soon, and going to Mintpal tonight

Confirming what exactly? So shouldn't I buy for 10 sat? I will not get what I buy?

Don't listen to me, I should shut up now, probably misinformed. sorry

[WarrenP]

Just letting you guys know we're working on it
can't really say anything at this point

if we do have a fix, we'll need everybody's help. but that's for later
for right now, stay cool

You guys have pulled off a miracle with the start of the coin... waiting and seeing

[zmeddy]

So better to leave coins on eschange or send to wallet?

[pabloangello]

So better to leave coins on eschange or send to wallet?

I can not withdraw FAC from nxt-e.
edit, mistake, they was in the sell order

[jrich76]

So better to leave coins on eschange or send to wallet?

Leave on the exchange.

[jinhuadfh1]

do not buy FAC, some one sold 5million FAC at 10sotoshi at here WFK https://www.nxt-e.com/default.aspx?m=fac_btc

[jrich76]

So better to leave coins on eschange or send to wallet?

I can not withdraw FAC from nxt-e.

Because the network has forked. If you withdraw you will lose so they have stopped withdrawals to protect your money.

The Dev will have to create a new wallet and then you can withdraw your coins after the exchange updates their wallet.  

[jrich76]

do not buy FAC, some one sold 5million FAC at 10sotoshi at here WFK https://www.nxt-e.com/default.aspx?m=fac_btc

This is concerning.

[sussex]

Where's the guy with the glitterbang meme??

[sussex]

do not buy FAC, some one sold 5million FAC at 10sotoshi at here WFK https://www.nxt-e.com/default.aspx?m=fac_btc

This is concerning.

Most likely scenario for this is that the blockchain gets rolled back, any transactions after the fork will just disappear, everybody's wallet will look like it did immediately before the fork.

Of course, the BTC blockchain will not be rolled back, so those sides of transactions will remain intact.

Looks like a very clever scam utilising the low network hashrate against the coin because there is so little reward for miners,

You can expect this to happen again unless net hash is increased a lot.

Also, don't like the use of the word "if" in the dev's post......

[y3804]

Okay its officially dead. Too late

[ThinkGreen]

WTF!
1satoshi sell in nxt-e.
500w sell in one hour!
What happened?!!!!!