NAS :: Descendant of NXT 100% PoS|More Exchanges|WinNAS is ready!

[notsoshifty]

Why does Graviton allow this?!?

If whoever is doing this owns up publicly and can provide solid proof to me (means, an email from Graviton), I'll return the 0.9 BTC (minus fees) that I sniped.

ROFLMAO!          ...it's called KARMA...



Edit:  [WTB] 50M NAS for 0.50 BTC

EDIT: I have now sniped 13.8 BTC 26.7 BTC. I will return it, same conditions as before. Graviton: if this turns out to be a bug in your platform, please let me know and I will of course refund.
Deadline for owning up & providing proof: 3 days from now.

[1715309466]

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[1715309466]

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[1715309466]

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[CrazyEyes]

Do people really want to be scammed this easy? When are you going to learn..

[pranas]

what happened to dgex,imposibleto login

[TwinWinNerD]

Quote from: Graviton on Today at 09:33:07 PM

    There was a security breach at DGEX's freshly updated software earlier today, allowing a trader to utilize an exploit to overdraft his account and perform trades with funds that did not exist.

    No customer funds were compromised. Our accounting protection disallowed withdrawals as designed. Customer account details are intact. We are investigating details and will proceed with adjustments during the night or tomorrow. At this point it is probable all trades from the few hours before cessation of trading at 5 pm GMT will be reversed.

[GCInc.]

EDIT: I have now sniped 13.8 BTC 26.7 BTC. I will return it, same conditions as before. Graviton: if this turns out to be a bug in your platform, please let me know and I will of course refund.
Deadline for owning up & providing proof: 3 days from now.

There certainly was a bug / exploit in the trading platform's NAS revised version, allowing a person to overdraft.

I'm not sure what you mean by "sniping 26.7 BTC", as for the past 24 hours we have paid out to the amount of 16 BTC most of which is legitimate. If you were involved in the breach, resolution would be appreciated, PM or email to admin@dgex.com is just fine. Thank you

[TwinWinNerD]

EDIT: I have now sniped 13.8 BTC 26.7 BTC. I will return it, same conditions as before. Graviton: if this turns out to be a bug in your platform, please let me know and I will of course refund.
Deadline for owning up & providing proof: 3 days from now.

There certainly was a bug / exploit in the trading platform's NAS revised version, allowing a person to overdraft.

I'm not sure what you mean by "sniping 26.7 BTC", as for the past 24 hours we have paid out to the amount of 16 BTC most of which is legitimate. If you were involved in the breach, resolution would be appreciated, PM or email to admin@dgex.com is just fine. Thank you

I think he refers to the fact that he sold these overly priced NAS coins and had more BTC in his account....

[TwinWinNerD]

!!ATTENTION NEEDED!!

To all the stakeholders that hold over 100000000 NAS.

Please send me a PM, so that I can tell you the further marketing plans for this coin and how you can help!

Thank you for the attention!

[Eadeqa]

Why does Graviton allow this?!?

If whoever is doing this owns up publicly and can provide solid proof to me (means, an email from Graviton), I'll return the 0.9 BTC (minus fees) that I sniped.

ROFLMAO!          ...it's called KARMA...



Edit:  [WTB] 50M NAS for 0.50 BTC

EDIT: I have now sniped 13.8 BTC 26.7 BTC. I will return it, same conditions as before. Graviton: if this turns out to be a bug in your platform, please let me know and I will of course refund.
Deadline for owning up & providing proof: 3 days from now.

You have not "snipped" anything unless you can withdraw them dgex

[TwinWinNerD]

Bounty(size depends on work put into):

Can someone setup the subreddit /r/NAScoin and make it pretty and full of information? Also you need to add /u/TwinWinNerD as moderator with full rights.

K thx!

[Ayle56]

I'm a newbie who never used Nxt so I do not really understand forging.

Is NAS a bit like PoS coins where you can generate new coins if you leave your wallet open and connected to the internet long enough?

Is that what forging means?

[TwinWinNerD]

I'm a newbie who never used Nxt so I do not really understand forging.

Is NAS a bit like PoS coins where you can generate new coins if you leave your wallet open and connected to the internet long enough?

Is that what forging means?

There are 2 kinds of POS coins:

One with Intrest, like Mintcoin or Peercoin.

Or the ones where you only create blocks to get the transaction fees.  Like NXT or NAS!

[notsoshifty]

EDIT: I have now sniped 13.8 BTC 26.7 BTC. I will return it, same conditions as before. Graviton: if this turns out to be a bug in your platform, please let me know and I will of course refund.
Deadline for owning up & providing proof: 3 days from now.

There certainly was a bug / exploit in the trading platform's NAS revised version, allowing a person to overdraft.

I'm not sure what you mean by "sniping 26.7 BTC", as for the past 24 hours we have paid out to the amount of 16 BTC most of which is legitimate. If you were involved in the breach, resolution would be appreciated, PM or email to admin@dgex.com is just fine. Thank you

I think he refers to the fact that he sold these overly priced NAS coins and had more BTC in his account....

That's pretty much it.

In amongst the real transactions for sizeable quantities of NAS at 10-14 satoshi, there were a bunch of transactions for very small amounts of NAS at heavily infalted prices. Asks were being posted and then immediately traded. There had already been a slight attempt at market manipulation/confusion going on (somebody had put dozens of very small bids at 10 satoshi, to skew the view?). This seemed to be an attempt at far more serious manipulation: somebody selling to himself at ridiculous prices, perhaps to raise the average, or to get a first place on coinmarketcap if/when it gets listed.

It seemed to be a risky strategy though: the asks were only up there for a second or two before being bought, but what happened if somebody else bought them? So I clicked refresh a few times, and finally managed to get one (I sold 100 NAS for 0.9 BTC). That is what I mean by "sniped". Later, I sniped two sets of 12.9 BTC. After that, it stopped.

Now, after Graviton's statement it's clear that this wasn't an attempt at market manipulation, but rather to steal from the exchange by exploiting a bug that was found with negative balances.

Sitting in my account was around 26 BTC. At no time did I attempt to withdraw any funds. I also made it clear that I would refund if an explanation was given (or if due to a bug in the exchange). My intention was not to profit from this - although if it had been somebody manipulating the market and he didn't step forward to claim the funds after 3 days, I would have happily gone ahead to withdraw them

My transactions are the ones at the following times:

15:59:06 (0.9 BTC)
16:13:54 (12.9 BTC)
16:18:42 (12.9 BTC)

Graviton: I can PM you my account ID if that helps, although if you are rolling back all transactions that's probably not necessary.

[TwinWinNerD]

EDIT: I have now sniped 13.8 BTC 26.7 BTC. I will return it, same conditions as before. Graviton: if this turns out to be a bug in your platform, please let me know and I will of course refund.
Deadline for owning up & providing proof: 3 days from now.

There certainly was a bug / exploit in the trading platform's NAS revised version, allowing a person to overdraft.

I'm not sure what you mean by "sniping 26.7 BTC", as for the past 24 hours we have paid out to the amount of 16 BTC most of which is legitimate. If you were involved in the breach, resolution would be appreciated, PM or email to admin@dgex.com is just fine. Thank you

I think he refers to the fact that he sold these overly priced NAS coins and had more BTC in his account....

That's pretty much it.

In amongst the real transactions for sizeable quantities of NAS at 10-14 satoshi, there were a bunch of transactions for very small amounts of NAS at heavily infalted prices. Asks were being posted and then immediately traded. There had already been a slight attempt at market manipulation/confusion going on (somebody had put dozens of very small bids at 10 satoshi, to skew the view?). This seemed to be an attempt at far more serious manipulation: somebody selling to himself at ridiculous prices, perhaps to raise the average, or to get a first place on coinmarketcap if/when it gets listed.

It seemed to be a risky strategy though: the asks were only up there for a second or two before being bought, but what happened if somebody else bought them? So I clicked refresh a few times, and finally managed to get one (I sold 100 NAS for 0.9 BTC). That is what I mean by "sniped". Later, I sniped two sets of 12.9 BTC. After that, it stopped.

Now, after Graviton's statement it's clear that this wasn't an attempt at market manipulation, but rather to steal from the exchange by exploiting a bug that was found with negative balances.

Sitting in my account was around 26 BTC. At no time did I attempt to withdraw any funds. I also made it clear that I would refund if an explanation was given (or if due to a bug in the exchange). My intention was not to profit from this - although if it had been somebody manipulating the market and he didn't step forward to claim the funds after 3 days, I would have happily gone ahead to withdraw them

My transactions are the ones at the following times:

15:59:06 (0.9 BTC)
16:13:54 (12.9 BTC)
16:18:42 (12.9 BTC)

Graviton: I can PM you my account ID if that helps, although if you are rolling back all transactions that's probably not necessary.

It is already fixed and rolled back. There is just some database maintainance going on right now. Dgex should be back in couple of hours , latest at noon.

At your theory: I saw those bids too, but that would be so retarded to do it that way. Why not post ridiculously high asks? That way noone can interfere in trading against yourself

[notsoshifty]

At your theory: I saw those bids too, but that would be so retarded to do it that way. Why not post ridiculously high asks? That way noone can interfere in trading against yourself

True - although maybe dgex didn't allow it for some reason? On a related topic, I want to explain what I mean by this:

Why does Graviton allow this?!?

The major crypto currency exchanges allow trades to occur only at best price. If I want to buy 1 million NXT and I'm prepared to upto 10,000 satoshi per NXT, then the exchange will go through each of the asks in turn, from cheapest to most expensive, until my order is filled. It won't just see there's a single ask for 1 million NXT at 10,000 satoshi and use that.

With dgex and it's "Quick Buy" / "Quick Sell" approach, it's possible to buy/sell at something other than the market rate. Why does it do this? Yesterday, I even put up some asks at those stupid high rates, and they weren't filled even though trades subsequently happened at those rates.

Putting aside this recent issue with magicking BTC out of thin air; it shouldn't be possible to make a trade at 0.129 BTC/NAS when there are bids and asks at the 10-15 satoshi range.

The only other exchange I know that does it this was is coinedup, which of course is a joke exchange.

[TwinWinNerD]

At your theory: I saw those bids too, but that would be so retarded to do it that way. Why not post ridiculously high asks? That way noone can interfere in trading against yourself

True - although maybe dgex didn't allow it for some reason? On a related topic, I want to explain what I mean by this:

Why does Graviton allow this?!?

The major crypto currency exchanges allow trades to occur only at best price. If I want to buy 1 million NXT and I'm prepared to upto 10,000 satoshi per NXT, then the exchange will go through each of the asks in turn, from cheapest to most expensive, until my order is filled. It won't just see there's a single ask for 1 million NXT at 10,000 satoshi and use that.

With dgex and it's "Quick Buy" / "Quick Sell" approach, it's possible to buy/sell at something other than the market rate. Why does it do this? Yesterday, I even put up some asks at those stupid high rates, and they weren't filled even though trades subsequently happened at those rates.

Putting aside this recent issue with magicking BTC out of thin air; it shouldn't be possible to make a trade at 0.129 BTC/NAS when there are bids and asks at the 10-15 satoshi range.

The only other exchange I know that does it this was is coinedup, which of course is a joke exchange.

to be honest I have no idea and also find it strange, that there is no "market order" at all. You just can't do it.

That is bad for some reasons:

• Fatfinges (wrong trade input, for example buy for 50000 satoshis instead of 5000 satoshis)
• Price ticker manipulation
• No market order
• Big orders will have to be manually clicked to buy/sell all you want, or place order and wait. Not ideal..

[TwinWinNerD]

We did it!!!!!

In the next update, we will be added to coinmarketcap.com!


Source: https://bitcointalk.org/index.php?topic=199685.msg2080674#msg2080674

Coins coming soon:
- Nas
- Sambacoin
- Nigeriacoin
- Platinumcrypto

Edit: Also with this exchange rate right now of 14 satoshis, we would be in the top 30 of coins FROM THE START!!!!

[amirmass]

where can i buy NAs guys?

[TwinWinNerD]

where can i buy NAs guys?

https://bitcointalk.org/index.php?topic=558456.new#new
and on dgex.com when they come back online (in 4-12 hours~)

[notsoshifty]

to be honest I have no idea and also find it strange, that there is no "market order" at all. You just can't do it.

That is bad for some reasons:

• Fatfinges (wrong trade input, for example buy for 50000 satoshis instead of 5000 satoshis)
• Price ticker manipulation
• No market order
• Big orders will have to be manually clicked to buy/sell all you want, or place order and wait. Not ideal..

All true. I've certainly fatfingered my way out of BTC before on coinedup!

4-5 months ago when dgex was new this was understandable and acceptable. But now?

[TwinWinNerD]

to be honest I have no idea and also find it strange, that there is no "market order" at all. You just can't do it.

That is bad for some reasons:

• Fatfinges (wrong trade input, for example buy for 50000 satoshis instead of 5000 satoshis)
• Price ticker manipulation
• No market order
• Big orders will have to be manually clicked to buy/sell all you want, or place order and wait. Not ideal..

All true. I've certainly fatfingered my way out of BTC before on coinedup!

4-5 months ago when dgex was new this was understandable and acceptable. But now?

Well for the NXT market there are "bandwidths" in place. YOu can't set a bid/ask more than 30% of todays price range away. So you can't fatfinger a "0" too much. But NAS as a new market had no restrictions.