F22Raptor
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September 04, 2014, 09:36:45 AM |
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Hi,i'm new to the community and i will study this coin and do what i can do to promote
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Quicken
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September 04, 2014, 09:37:38 AM |
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Hi,i'm new to the community and i will study this coin and do what i can do to promote Hey, Welcome. You picked a lively day to join.
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rpietila
Donator
Legendary
Offline
Activity: 1722
Merit: 1036
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September 04, 2014, 09:38:21 AM |
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Now I realize what was the reason for the mid-move turn back at 510 and the quite strong selling towards 400, which was not supported by fundamentals or anything.
The attackers have taken a short position during the decline (causing the decline), and when they run out of coins, the price also stopped declining. When it started going up, it was the time to attack.
Now if the holders sell their coins so that the price drops to below 400, without corresponding buyers except the attackers, then the attackers have won financially, fleecing the community. (The community has also won, because the bug was fixed and attack repelled.)
I pledge 1000 XMR to the devs for their ongoing good work, and BTC100 will be used to buy moneros in the exchange without further warning if I deem that the scamattackers are about to get too fat a profit from their attack.
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HIM TVA Dragon, AOK-GM, Emperor of the Earth, Creator of the World, King of Crypto Kingdom, Lord of Malla, AOD-GEN, SA-GEN5, Ministry of Plenty (Join NOW!), Professor of Economics and Theology, Ph.D, AM, Chairman, Treasurer, Founder, CEO, 3*MG-2, 82*OHK, NKP, WTF, FFF, etc(x3)
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arielbit
Legendary
Offline
Activity: 3416
Merit: 1059
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September 04, 2014, 09:42:07 AM |
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Blah blah blah i wish i have more btc..a lot of xmr will change hands hehe
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fluffypony
Donator
Legendary
Offline
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
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September 04, 2014, 09:42:31 AM |
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Followed by: https://twitter.com/petertoddbtc/status/507410029306449920"It'll be fine in the long run. #Bitcoin's had similar problems in the past after all, e.g. the "make Bitcoins out of thin air" bug." Nice try, though.
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coinweaver
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September 04, 2014, 09:43:40 AM |
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Now I realize what was the reason for the mid-move turn back at 510 and the quite strong selling towards 400, which was not supported by fundamentals or anything.
The attackers have taken a short position during the decline (causing the decline), and when they run out of coins, the price also stopped declining. When it started going up, it was the time to attack.
Now if the holders sell their coins so that the price drops to below 400, without corresponding buyers except the attackers, then the attackers have won financially, fleecing the community. (The community has also won, because the bug was fixed and attack repelled.)
I pledge 1000 XMR to the devs for their ongoing good work, and BTC100 will be used to buy moneros in the exchange without further warning if I deem that the scamattackers are about to get too fat a profit from their attack.
Yeah... that's called an "exit pump".
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dasdasdasdasdasd
Newbie
Offline
Activity: 48
Merit: 0
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September 04, 2014, 09:48:31 AM |
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Now I realize what was the reason for the mid-move turn back at 510 and the quite strong selling towards 400, which was not supported by fundamentals or anything.
The attackers have taken a short position during the decline (causing the decline), and when they run out of coins, the price also stopped declining. When it started going up, it was the time to attack.
Now if the holders sell their coins so that the price drops to below 400, without corresponding buyers except the attackers, then the attackers have won financially, fleecing the community. (The community has also won, because the bug was fixed and attack repelled.)
I pledge 1000 XMR to the devs for their ongoing good work, and BTC100 will be used to buy moneros in the exchange without further warning if I deem that the scamattackers are about to get too fat a profit from their attack.
Yeah... that's called an "exit pump". WEINER IS HERE SELL SELL SELL SELL
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ShroomsKit_Disgrace
Legendary
Offline
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
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September 04, 2014, 09:49:13 AM |
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I think this thread is going to be a troll-party until all this mess is solved (if it can be solved)
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superresistant
Legendary
Offline
Activity: 2142
Merit: 1131
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September 04, 2014, 09:56:01 AM |
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I think this thread is going to be a troll-party until all this mess is solved (if it can be solved)
if it can be solved
^ that was trolling Of course it will be fixed. Bitcoin had many issues like this.
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Johnny Mnemonic
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September 04, 2014, 09:57:25 AM |
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I think this thread is going to be a troll-party until all this mess is solved (if it can be solved)
As your post history indicates, you're the biggest troll here.
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JypsiCreme
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September 04, 2014, 09:57:49 AM |
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Monero devs took CryptoNote protocol and tried to implement some changes without any understanding of what they're doing. Probably XMR’s devs questionable modifications lead to this kind of attack. That is what you get when you steal the code you are not capable of maintaining.
Remember kids: you should not modify a code if you’re not completely sure what it will cause. Currently people are paying with their funds because of the incompetent Monero devs. Reminds me too much of a real world situation, when the bank closes people loose funds they've invested. I hoped we wouldn't see it in the crypto world.
That's utterly inane - we've made no protocol-level modifications that would cause this. If TFT's original modifications caused this and nobody noticed that has nothing to do with us. XMR turned out to be the same shit as Quazar just with an instamine scam. Incapable devs that can’t look at the code and placed a critical bug inside it. Fascinating how many people can’t do their work on Monero development right but still have time to post nonsense PR on the forum.
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fluffypony
Donator
Legendary
Offline
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
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September 04, 2014, 09:59:59 AM |
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2014/08/04 Attack: Update 1
Here's what we've ascertained thus far: the "bad block" occurred at 202612. Immediately thereafter there was 202613, which also has oddities, and then at 202614 the network forked. The "A" part of the network has "c29e3dc37d8da3e72e506e31a213a58771b24450144305bcba9e70fa4d6ea6fb" as the block hash on 202614, the "B" part of the network has "ed4eea6109a1b662cf4a3bb372ed4bdee588160b0ac371c2ad78c5e603b8f2ac" as the block hash on 202614. Ultimately the "A" part won, and is the current fork. The "B" part is dead and has not proceeded beyond block 202647.
Thus the good news is that the consensus code works, and only one fork has survived. The bad news is that those on the bad fork are not reorganising back to the fork, and that is something we will need to look at fixing in future - the consensus code is so aggressive that it refuses to believe that the peers on the "good" fork are correct.
To determine if you are on the good or the bad (dead) fork, you can check "diff" in your daemon window. If you are stuck on 202647 or thereabouts, you will need to delete your blockchain and sync from scratch. I strongly suggest using the blockchain bootstrap downloads from the OP, as those are on the correct fork. Please note that the Windows blockchain bootstrap download has not been checked and updated as yet, I will be doing so in the next few hours, so we have rolled back to a Windows blockchain from a few weeks back. The Linux and OS X blockchain bootstraps are fine.
The next step is to determine how, exactly, 202612 & 202613 managed to cause this, which is what we've been doing concurrently and will continue to do. You can use Monero with caution if you are on the main chain, we will continue to update as we proceed.
NB: no funds have been lost, and there will be no blockchain rollback. If you transacted on the dead fork it was only live for about 35 minutes, so chances are little happened of relevance. Once you are on the good fork you can re-sync your wallets and any funds you sent on the dead fork will reappear.
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bigj
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September 04, 2014, 10:02:13 AM |
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Now I realize what was the reason for the mid-move turn back at 510 and the quite strong selling towards 400, which was not supported by fundamentals or anything.
The attackers have taken a short position during the decline (causing the decline), and when they run out of coins, the price also stopped declining. When it started going up, it was the time to attack.
Now if the holders sell their coins so that the price drops to below 400, without corresponding buyers except the attackers, then the attackers have won financially, fleecing the community. (The community has also won, because the bug was fixed and attack repelled.)
I pledge 1000 XMR to the devs for their ongoing good work, and BTC100 will be used to buy moneros in the exchange without further warning if I deem that the scamattackers are about to get too fat a profit from their attack.
I will use another ~ BTC10 to buy XMR once the time has come (/ trading continues).
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jeezy
Legendary
Offline
Activity: 1237
Merit: 1010
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September 04, 2014, 10:03:10 AM |
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2014/08/04 Attack: Update 1
Here's what we've ascertained thus far: the "bad block" occurred at 202612. Immediately thereafter there was 202613, which also has oddities, and then at 202614 the network forked. The "A" part of the network has "c29e3dc37d8da3e72e506e31a213a58771b24450144305bcba9e70fa4d6ea6fb" as the block hash on 202614, the "B" part of the network has "ed4eea6109a1b662cf4a3bb372ed4bdee588160b0ac371c2ad78c5e603b8f2ac" as the block hash on 202614. Ultimately the "A" part won, and is the current fork. The "B" part is dead and has not proceeded beyond block 202647.
Thus the good news is that the consensus code works, and only one fork has survived. The bad news is that those on the bad fork are not reorganising back to the fork, and that is something we will need to look at fixing in future - the consensus code is so aggressive that it refuses to believe that the peers on the "good" fork are correct.
To determine if you are on the good or the bad (dead) fork, you can check "diff" in your daemon window. If you are stuck on 202647 or thereabouts, you will need to delete your blockchain and sync from scratch. I strongly suggest using the blockchain bootstrap downloads from the OP, as those are on the correct fork. Please note that the Windows blockchain bootstrap download has not been checked and updated as yet, I will be doing so in the next few hours, so we have rolled back to a Windows blockchain from a few weeks back. The Linux and OS X blockchain bootstraps are fine.
The next step is to determine how, exactly, 202612 & 202613 managed to cause this, which is what we've been doing concurrently and will continue to do. You can use Monero with caution if you are on the main chain, we will continue to update as we proceed.
NB: no funds have been lost, and there will be no blockchain rollback. If you transacted on the dead fork it was only live for about 35 minutes, so chances are little happened of relevance. Once you are on the good fork you can re-sync your wallets and any funds you sent on the dead fork will reappear.
Thanks for the update. Keep up the good work. Hopefully you will be able to fix the issue in short time.
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Mineotaur
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September 04, 2014, 10:07:01 AM |
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2014/08/04 Attack: Update 1 Once you are on the good fork you can re-sync your wallets and any funds you sent on the dead fork will reappear.
Phew!! Had me worried for a moment.
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BTC: 37r8wbYRMPav3AU8w1D3FQmwtYenVzcbdX
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psterryl
Member
Offline
Activity: 87
Merit: 10
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September 04, 2014, 10:11:34 AM |
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We should make a blacklist of all Senior and Hero Members who were promoting this shitcoin. Monero and Boolberry threads should be moved to the Trashcan.
Your posts should be moved to the trashcan. Why don't you just blacklist this thread and never return if you think Monero is such a 'shitcoin'?
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superresistant
Legendary
Offline
Activity: 2142
Merit: 1131
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September 04, 2014, 10:13:09 AM |
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I think this thread is going to be a troll-party until all this mess is solved (if it can be solved)
if it can be solved
^ that was trolling Of course it will be fixed. Bitcoin had many issues like this. Not really since jl777 was behind this with his other minions so he could pump Boolberry. jl777 the biggest scum bastard here. How does it feel superresistant to have your shitcoin fail you? #KarmaIsABitch Wut lol Nice trolling. We should make a blacklist of all Senior and Hero Members who were promoting this shitcoin. Monero and Boolberry threads should be moved to the Trashcan.
Your posts should be moved to the trashcan. Why don't you just blacklist this thread and never return if you think Monero is such a 'shitcoin'? This guy is funny though.
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ShroomsKit_Disgrace
Legendary
Offline
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
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September 04, 2014, 10:14:28 AM |
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We should make a blacklist of all Senior and Hero Members who were promoting this shitcoin. Monero and Boolberry threads should be moved to the Trashcan.
Your posts should be moved to the trashcan. Why don't you just blacklist this thread and never return if you think Monero is such a 'shitcoin'? He is doing with your investments what Jesus did with our souls 2000 years ago. You should be pleased.
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