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Author Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info  (Read 759235 times)
heartastack
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May 01, 2014, 01:07:36 PM
 #7461

Are we all rich yet?

get ready to place a carton box under the brige !

Wait a minute... is it a carton OR a box? Say what you mean and mean what you say.

Don't go flip flopping around like some sort of irritated salmon.

Dishonesty like yours isn't welcome on these boards. Bitcoin isn't just some community of scammers for you to come in with your cartonbox bullshit. GTFO.

 Cheesy Huh Cry...  Grin
r0ach
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May 01, 2014, 01:07:56 PM
 #7462

Looks pretty obvious what happened.  Someone from Blackcoin probably DOS'd Chunkypool to try and doublespend, then comes into this thread spamming about how the coin is going to die with a bunch of accounts.

After new wallet is released, no issue like that will be possible.  Much worse things happened with Darkcoin when TONS of Darkcoin was stolen on C-cex, then dumped, and it didn't really phase the coin.

This won't be a big deal in the long term.

FUD
BTW: Blackcoin pool was DDOsed to and closed for 3 days...
It was "unusual" DDOS...

Any oone could DDOS chunky
DDOSing pools is NORMAL... in crypto

Except in the Blackcoin thread, people have already talked about trying to do things like this out in the open.

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dminer69
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May 01, 2014, 01:08:55 PM
 #7463

i got my self some pop corn!
cleanbaldy
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May 01, 2014, 01:10:11 PM
 #7464

Why do people keep saying "no new wallet?"  Go back 4 or 5 pages.   It's almost ready for release...
mellomike
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May 01, 2014, 01:11:37 PM
 #7465

Doesn't double spending mean MORE coins were added to the total number of coins? Which means more inflation. So people are dumping millions of new coins into the ecosystem. Which means the price will continue to fall. :-(

Basically someone is replicating new WC's .... it's like someone printing money. The value of it will decrease.
XbladeX
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May 01, 2014, 01:11:43 PM
 #7466

Looks pretty obvious what happened.  Someone from Blackcoin probably DOS'd Chunkypool to try and doublespend, then comes into this thread spamming about how the coin is going to die with a bunch of accounts.

After new wallet is released, no issue like that will be possible.  Much worse things happened with Darkcoin when TONS of Darkcoin was stolen on C-cex, then dumped, and it didn't really phase the coin.

This won't be a big deal in the long term.

FUD
BTW: Blackcoin pool was DDOsed to and closed for 3 days...
It was "unusual" DDOS...

Any oone could DDOS chunky
DDOSing pools is NORMAL... in crypto

Except in the Blackcoin thread, people have already talked about trying to do things like this out in the open.
LOL where... prove ?

Anyway such security updates was needed fast not 3-4 days so one who you can whine thats you becouse wallet was only for POW part made...
Look like Cinni Mint acted in such sytuation...
You took risk becouse long update all is 1st Dev fault not any coin that is clear.

PS: As i mined every coin pool was DDOsed at least once... You just took that risk and played with 51% POW attack possibility

Request / 26th September / 2022 APP-06-22-4587
heartastack
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May 01, 2014, 01:12:47 PM
 #7467

It doesn't matter who what why, the point is that WC was vulnerable, and any weakness in crypto should be tested and exploited as harshly as possible. We are building the coins immune system whilst still an infant. If overcome then this will be great news, as we will have an even stronger coin. Bring on the attacks I say!! But let's also overcome them and become stronger than the rest. Have faith in the dev team who are giving it a good shot, and if it fails, good, that is natural selection and there is no place in this world for weakness. Learn from it and move on.
I2S2SI
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May 01, 2014, 01:15:15 PM
 #7468

That's it,  Fuck wc. Adios

Great minds discuss ideas; average minds discuss events; small minds discuss people.
RobFordWotWot
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May 01, 2014, 01:16:22 PM
 #7469

At the end of the day uninformed traders are just going to watch the WC price climb and trade it as if the first month of its history is irrelevant anyways.

Horses in midstream.
Korg73
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May 01, 2014, 01:22:42 PM
 #7470

It doesn't matter who what why, the point is that WC was vulnerable, and any weakness in crypto should be tested and exploited as harshly as possible. We are building the coins immune system whilst still an infant. If overcome then this will be great news, as we will have an even stronger coin. Bring on the attacks I say!! But let's also overcome them and become stronger than the rest. Have faith in the dev team who are giving it a good shot, and if it fails, good, that is natural selection and there is no place in this world for weakness. Learn from it and move on.

Frankly, too much time passed for wallet update.
We had to go step by step and not a single mega upgrade.
It was predictable the 51 % attack.
Devs must organize themselves but also ddosers.
It's a speed game: "the mogonzo boys" lost, someone else won.
count_cyrpto
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May 01, 2014, 01:25:23 PM
 #7471

At the end of the day uninformed traders are just going to watch the WC price climb and trade it as if the first month of its history is irrelevant anyways.

Agree..

At the end of the day, it was just a double spend attack....

Many will look at this as a buying opportunity once the dust settles a bit.
hansolo93
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May 01, 2014, 01:26:39 PM
 #7472

it was all planned since the beginning believe me haha
mogonzo should get an oscar for best actress hahaha
r0ach
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May 01, 2014, 01:27:13 PM
 #7473

Doesn't double spending mean MORE coins were added to the total number of coins? Which means more inflation. So people are dumping millions of new coins into the ecosystem. Which means the price will continue to fall. :-(

Basically someone is replicating new WC's .... it's like someone printing money. The value of it will decrease.

Everything you posted is completely wrong.

I'll explain exactly what happens in this situation, no new coins are created at all.  The exchanges lose money unless they halt trading, that's ALL that happens.

No normal users will even be affected since nobody was sending coins anywhere in the first place due to staking being down and being worked on.

For all intents and purposes, this will have the same effect as some guy running into an exchange with a gun and running out with a small amount of Bitcoin, that's it.

To even call this a double spend attack is stupid.  Double spend implies the coin security features were breached.  The coin's real security features aren't even online until new wallet is released.

It's a speed game: "the mogonzo boys" lost, someone else won.

For the 400th time for people who don't know what happens in a situation like this, it's the exchanges that lose money if they don't halt trading.  No regular users will really be affected.

Things like this have happened to Cryptsy probably hundreds of times before.  The last incident I remember was Cryptsy losing a bunch of Stablecoins.

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Zisef
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May 01, 2014, 01:27:25 PM
 #7474

Anything that comes from the original dev team should be avoided like the plague. Premine coins should be avoided, this coin is a perfect example. Dev team dumped their premine and they washed their hands of the coin. They said they were "back on the job" but community all stars like tf2 volunteered his time and picked up the slack. Kudos to Tf2honeybadger. I am looking forward to his CGA coin support and updates.
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May 01, 2014, 01:29:01 PM
 #7475

Anything that comes from the original dev team should be avoided like the plague.

Original dev is gone.

Everyone working on the coin now is completely new.

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hansolo93
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May 01, 2014, 01:30:21 PM
 #7476

At the end of the day uninformed traders are just going to watch the WC price climb and trade it as if the first month of its history is irrelevant anyways.

Agree..

At the end of the day, it was just a double spend attack....

Many will look at this as a buying opportunity once the dust settles a bit.


No one with a half functioning brain would spend money on this scamcoin , good that i didnt spend that much here!
Dont you see it? Double spend attack means someone put coins in the system that weren't there, it means a lot of people seems to have coins over the 300.000.000 mark , = more inflation = uslss coin that can get dumped always Wink
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May 01, 2014, 01:31:49 PM
 #7477

We don't lose.
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May 01, 2014, 01:32:01 PM
 #7478

Anything that comes from the original dev team should be avoided like the plague.

Original dev is gone.

Everyone working on the coin now is completely new.

That is why. They are gone. They pumped and dumped. Then offered no support. Ying and Yang team did the ANN for this coin if i am not mistaken might need to be double checked but anything from them I would avoid as well. Let the free markets be the judge.
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May 01, 2014, 01:32:07 PM
 #7479

No one with a half functioning brain would spend money on this scamcoin , good that i didnt spend that much here!
Dont you see it? Double spend attack means someone put coins in the system that weren't there, it means a lot of people seems to have coins over the 300.000.000 mark , = more inflation = uslss coin that can get dumped always Wink

Anyone with a half functioning brain knows that a double spend does not create new coins, it just makes the exchange lose money if they don't halt trading.

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SkyValeey
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May 01, 2014, 01:33:12 PM
 #7480

Are we all rich yet?

I think you're double rich.

Haha, you made my day Smiley

And this:

Everyone who has been burned by the Toiletcoin please come over here to our COMMunity and people will donate you some COMM to compensate your loss.
https://bitcointalk.org/index.php?topic=558319.msg6490825#msg6490825

Fun words:)

it was all planned since the beginning believe me haha
mogonzo should get an oscar for best actress hahaha


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